Just How Social is Social Networking?

I am writing an article on Cooperative Intelligence geared to Information Professionals, and it got me to thinking about how social, social networking is. I will focus mostly on LinkedIn and Twitter for now.

In most cases on LinkedIn, it’s a loose connection, and you’ll never hear from that person again unless they want to sell you something, fill jobs or find a job. I notice many people who ask me to connect on LinkedIn end their invitation with, “Let me know how I can help you,” but they don’t tell me what they do, and they haven’t looked at what I do. So it feels kind of phony to me.  However, since I am a LION on LinkedIn, I guess I attract this kind of behavior. I also get a lot of spam from my 1st connections on Linked In, and some don’t provide an option for me to “unsubscribe”.

I just read that 90% of Twitter traffic comes from 10% of the users: this tells me that most of the communication is automated, so how personal can it be? Yet I do connect with many of my pals and meet new people who share my interests on Twitter and we do engage through tweets, albeit with the 140 character limitation. I have found some great people through # searching under relevant categories for what I do such as competitive intelligence, product development and market research. I stay in touch with some of my pals in competitive intelligence, information professionals, and product managers who prefer to communicate via tweets. We shared learnings at SCIP’s 2009 conference in Chicago, and Tweet-ups are increasingly popular.

I like to weave cooperative intelligence into my social networking practices. Cooperative intelligence assumes that you are a giving person without strings attached and that you don’t just give to get. This is often not true on social networks. Many of those who want me to follow them on Twitter, who have huge followings, are selling something that sounds like it’s too good to be true or sell something so awful or irrelevant to what I care about that I am not interested!

The pendulum is swinging back to more traditional marketing for me since I still get more business from word of mouth marketing and referrals from existing customers and friends. Where I do find social networks worthwhile is to find people who might be interested in my services who know someone I know. LinkedIn and Twitter are great places to find people who will talk to you when you need information, which is how I make my living, but I don’t have to “live” on these networks for this to work.

The most relevant social network for competitive intelligence professionals is the CI Ning. I check that out most week days and enjoy the stimulating conversations, the connections and learning.  I believe more people practice cooperative intelligence since the sharing is continuous, and people are not flagrantly in the marketing mode. I imagine this is true for social networks where people share a common discipline, rather than the more generic social networks like LinkedIn, Facebook and Twitter.

What are you noticing as social networking is becoming more commonplace? Have you changed your marketing habits lately?

What’s the Future of SCIP and the Competitive Intelligence Profession?

I’m just back from a holiday in Barcelona, Cadaqués and Southern France, mostly the hill town of Itzac where family lives. As often happens I had time to reflect on recent happenings in my life.

I feel like one of my rocks, SCIP has shifted in my absence due to the merger with Frost & Sullivan’s Institute.  I have been an active member since 1990, participating in most annual conferences, served on its board, helped found the Minnesota chapter. I am a columnist for CI Magazine and have given presentations at most SCIP conferences since the mid-1990s. So you get the drift: I am committed to the CI profession and to SCIP.

How did we get there? I think the reasons are deeper than our weak economy, although it is a contributor.  Competitive intelligence is not recognized enough to keep SCIP afloat on its own.  Corporate members increasingly conduct competitive intelligence as a part of their job, but many are not full time practitioners.  This is also true for many consultants and academics who teach competitive intelligence, often as part of an MBA or other Master’s program.

Many companies include competitive intelligence as part of other business functions which are well defined: product planning, strategic planning, marketing, PR, sales, R&D, but CI really isn’t perceived as a discipline in many companies.

When SCIP was formed in 1986, it was the only game in town, but now there are competitive intelligence divisions and / or CI programs within other organizations such as SLA (Special Libraries Association), AIIP (Association of Independent Information Professionals), American Marketing Association, and Marketing Research Association to name a few.  SCIP has perceived these groups as competitors and has felt more threatened by them rather than acting cooperatively and partnering and learning from them. SLA has implemented a competitive intelligence certificate program within its CI Division, which has been very successful, while SCIP is still working on a certification program. SCIP also competes with social networks where participants act and react quickly to events like the CI Ning, LinkedIn groups and Twitter for written communication on competitive intelligence.

For SCIP to survive, even with Frost’s infusion of cash, it’s imperative that SCIP turn on its marketing machine with urgency and reach out to companies and individuals and educate them on the compelling value of conducting systematic CI.  Many don’t get this and just do CI on an ad hoc basis, when they feel pain.  I know this since I’ve been consulting for a while and mostly get called in when companies are having trouble.

CI needs more recognition in the academic world. I am not a professor, but I know that what people learn in school, they often use at work.  If CI is strongly marketed to schools as part of the curriculum in undergraduate and graduate business programs, this will help the profession and SCIP both. A scholarly journal would be another step in credibility for the academic community.

I came home and spent hours pouring over the posts that had been added on the CI Ning particularly two of them:

SCIP F&SI Moving Forward

Interest in Starting an Online-Only CI Academic Journal?

I hope that SCIP’s leadership is reading the CI Ning. There are so many good ideas posted, so SCIP has a great opportunity to listen and query these individuals more closely and engage them to be part of the solution.

Dialog on Social Networking in Competitive Intelligence: Post-Conference #SCIP09 Chicago

scip-09-chicagoThis continues my report from talks I attended at SCIP’s (Society of Competitive Intelligence Professional’s) annual conference in Chicago last week. Roger Phelps and Suki Fuller facilitated this open dialog.

Almost all attendees use LinkedIn, while not even half use Twitter. Social networks even less used are Xing, Plaxo, Spoke and Namyz. Some still use listservs within organizations like AIIP (Association of Independent Information Professionals), which alone is worth the annual dues IMO. Although it wasn’t listed, over 700 in competitive intelligence use our Ning group. I think people were confusing Xing and Ning. Xing is a Hamburg, Germany based social network group with over 7 million members while Ning is a social network that lets you create your own social network according to specific niches such as competitive intelligence.

One person boycotts all forms of social networking and differentiates himself by only using email, phone calls and meetings. Others use several social networks as a relationship builder towards email, phone calls or in-person meetings. I prefer to use SN as a relationship builder and use more personal communication with individuals I resonate with. Suki builds relationships to get introductions within a specific industry. The point is: be creative with your connections and cooperative to help others connect.

Spoke is mostly used for obtaining contact information, especially email since it’s an impersonal way to get some competitive data.

Linked In is used by CI pros in collection. It’s the fastest way to find niche experts. You can get names off Linked In and warm up your phone call by asking for a person by name, and know something about them beforehand. You can also use Linked In’s Advanced Searching to find former employees at companies you’re researching who are more likely to share information, although be aware it might be dated or they might be jaded if they were laid off.

Another great use of Linked In is to pose questions within specific groups, whether within a discipline like competitive intelligence, an industry like legal or former employees if you or a friend used to work there.

To be found, create a group to draw on, such as Competitive Intelligence Software within Competitive Intelligence. Answer questions in industry or discipline specific forums. Write e-zine articles which link to your blog and website. Track your industry, company name and key individuals and comment on other’s blogs or connect with them through LinkedIn or Twitter, for example. As with Google Alerts, you can set up Twitter Alerts through Twilert or through Twitter. You can have the results sent to your RSS feed or emailed. Actually you can “find” using many of these tactics too.

Another great source of intelligence in consumer marketing is epinions, which are consumer/loyalty panels, basically unpaid advertising. You can find out if your competitors are developing new products and perhaps why through this channel.

Issues around ethics were discussed since it’s easy to misrepresent yourself through social media. People might have several Twitter accounts, for example and don’t use their name or actual photo for some of them. The usual issues of: “Do I connect only with people I know or everyone who asks?” were brought up. In general I notice that consultants are more likely to connect with anyone, while corporate managers are more conservative and connect mostly with people they know, even if only slightly.

I was interested in learning how you can protect yourself within the social networking space. Apparently Beth Shankle, Chief Research Librarian at the National Press Club’s Library is a great resource and teaches courses on the various social media.

How do you use social media for competitive intelligence?

Capture Competitor & Market Intelligence through Elicitation: Webinar Follow-up

Last Wednesday, I gave a webinar to give product managers a tool to improve their relationship with Sales. Teach Sales elicitation skills: they don’t get it anywhere else and it will help them close more deals and collect information to help your company develop better products. Elicitation is conversational communication that compels people to voluntarily tell you things without you asking. However, it does involve planning to make it work, since most of us grow up asking people questions directly to extract information. You can download the slides from Slideshare, but as of April 31, 2014, Slideshare will discontinue slidecasts, so I am uncertain how to transfer this to another provider.

There were some questions that got me thinking more over the Easter/Passover weekend.

1. What is the personality type of the ideal person who conducts elicitation?

The person who asked the question assumed that this person would be outgoing and extroverted. Actually some of the best elicitors are more introverted since they are likely to be more thorough in their preparation for elicitation interviews. In addition, introverted people are often better listeners than extroverts, who like to hear themselves talk, not what elicitation is about. Its focus is getting the other guy to talk!

Here are some other desired skills for an elicitator: natural gift for making friends; establish rapport well; practical psychological insight; broad general knowledge; good memory; two level listener; non-threateningly curious; appreciates cultural/national differences; understands subtleties of personal relationships; and is intuitive, spontaneous, and discrete.

2. Ethical Considerations around Elicitation

This always comes up when talking about competitive intelligence, especially collection tools, where elicitation fits. There are two codes of ethics that I point to: SCIP’s code of ethics and AIIP’s code of ethics. My own ethics are the most important to me and they are situational. The other thing to consider is practicality and conversation flow. For example, some people want you to disclose who you are, your company name, where you’re based, who your client is, and why they want to know “x”. Try scripting all this “stuff” at the start of a conversation: it is not natural and it’s too long. It’s better to let the person you’re talking to, ask questions and gradually tell them this information as the conversation flows.

3. Resources I recommend

Confidential  by John Nolan and What Every BODY is Saying by Joe Navarro for supplementary reading on elicitation practices.  I have also written an article entitled “Enable Sales to Elicit Market Intelligence”  published in SCIP’s Competitive Intelligence Magazine.

Read up on Social Networks: Integrating Competitive Intelligence into Marketing: Part 3

In 2 earlier posts I shared book lists we used to supplement our AMA (American Marketing Association) workshop on Integrating Competitive Intelligence into Marketing. In the cooperative spirit, today’s post provides books and blogs to help you spruce up your social networking skills, the key on-line communication and connection media.  A targeted social networking strategy is a strong and essential ingredient to any research project!

One of the classics on social networks is Virtual Handshake by social networking gurus David Teten and Scott Allen. This book is somewhat dated, but I like how it gets you thinking about developing a strategy around social networking and rolling out your program.  It’s pre-Twitter, so if you’re looking to learn more about Twitter consider Twitter Power: How to Dominate Your Market One Tweet at a Time by Joel Comm, and Twitter Revolution: How Social Media and Mobile Marketing is Changing the Way We Do Business & Market Online by Warren Whitlock and Deborah Micek.

My favorite book on LinkedIn is: I’m on LinkedIn–Now What??? (Second Edition): A Guide to Getting the Most Out of LinkedIn by Jason Alba. I read the first edition in 2007, and the second edition was just released in Jan. 2009.

Another golden oldie is Naked Conversations: How Blogs are Changing the Way Businesses Talk with Customers by Robert Scoble and Shel Israel.

The following are top selling books on social networking published in 2008 or 2009:

Groundswell: Winning in a World Transformed by Social Technologies by Charlene Li and Josh Bernoff

The New Rules of Marketing and PR: How to Use News Releases, Blogs, Podcasting, Viral Marketing and Online Media to Reach Buyers Directly by David Meerman Scott. Just yesterday his new book World Wide Rave: Creating Triggers that Get Millions of People to Spread Your Ideas and Share Your Stories was released.

Social Media Marketing: An Hour a Day by Dave Evans

I would be remiss if I didn’t recommend a book on YouTube:

YouTube for Business: Online Video Marketing for Any Business
by Michael Miller

Social networks are changing so rapidly so I suggest you follow blogs to stay up on the latest.  All these authors have blogs.  In addition I recommend Chris Brogan’s, Hubspot and Duct Tape Marketing.

You have one last chance to attend this AMA workshop in Chicago on March 12.

Happy Reading!

Enhance your Early Warning Process through Social Networks & Social Media

In his post, “Beating Dunbar’s Number,” Chris Brogan challenges us to become a member of the magic Dunbar 150 in people’s networks when we want to have a closer relationship. He provokes us to organize the many connections we make through social networks into a database so we can find them easily without remembering their names and recall how/where we met, etc.

I translate this thinking as a competitive intelligence professional into setting up an early warning process using the power of social networks. One of the common pitfalls of many early warning initiatives is that we connect with the people we know and are comfortable with, and get surprised by disruptive technology or a competitor’s acquisition. We also rely too heavily on secondary research on the Internet, and don’t verify our sources. While the information might look good, it can be outdated or a competitor may purposefully mislead.

Social networks are another source to include in your early warning process since they lead to connections that you will never make through Web 1.0 Internet searching, paid databases, company connections and the same external suspects, such as industry experts, scientists and the investment community. Find your industry’s social networks and forums. LinkedIn, Facebook and Twitter are my favorite general social networks for business connections. YouTube, VidePedia and Blinkx are great video sources.

LinkedIn contains over 30 million people. Grow your LinkedIn network: find the people that matter to you: for example, industry experts and competitor alumni and Link In with them. Connecting on LinkedIn is one way to warm up a phone call or email that you might direct to a person. Qualify those who should become part of your early warning process. Once you connect with them, see if any of their connections would be a good fit. Think: who do you want to keep as loose connections?  Which ones should you follow-up with?  How will you communicate with them? Do you call them, email them, find them on Twitter or perhaps comment through a blog post or industry forum? In a cooperative spirit, what will you share with them that they might value? Join relevant industry LinkedIn groups. Search the questions and answers section on LinkedIn. Set up alerts.

Twitter is another great social network since you can search for people by using keyword searching within Twitter. You can either use Twitter Search or twilert. For example, I want to connect with people who do or are interested in competitive intelligence. I set up a twilert which forwards me the Tweets from people who used the words competitive intelligence, just like I do with Google Alerts.

Another great way to find people is through the blogosphere. However, if you want to be more methodical, start with Technorati, Delicious and Digg to find blogs that are relevant to your industry, and identify the most popular ones. In Technorati, the most popular blogs have the most authority. In Delicious and Digg, these are the blog posts which people have tagged most often. Marshall Kirkpatrick of ReadWriteWeb  wrote an excellent blog, How to Build a Social Media Cheat Sheet, which provides a methodology to find the best and most relevant blogs to support any topic. I often find people synchronistically through blogs I find on Alltop or Stumbleupon. Sometimes the best blogs have no authority in Technorati since the author hasn’t marketed himself, but is a wealth of information.

The point is: social networks are fertile ground for locating people to include in your early warning process.  Find them, qualify them, organize them in your database, and decide how often you will connect with them or just tag them as loose connections to contact as needed.

How do you use social media to help with your early warning process?  Are there any tips which you have uncovered?

Sharpen Your Emotional Intelligence Skills

Emotional Intelligence is a important component of cooperative intelligence. Referred to as EI, often measured as an Emotional Intelligence Quotient (EQ), it is the ability to sense, understand, and effectively apply the power of emotions to facilitate high levels of collaboration and productivity. (Cooper & Sawaf 1998, Executive IQ, New York: Perigee)

According to Daniel Goleman, the father and author of Emotional Intelligence, there are 5 skills that enable EI:

1. Self awareness – knowing your moods, emotions and drives, as well as their effect on others

2. Self regulation – the ability to control or redirect disruptive impulses and moods and the propensity to suspend judgment and think before acting

3. Motivation – a passion to work for reasons that go beyond money or status and a propensity to pursue goals with energy and persistence

4. Empathy – understanding other people’s emotional makeup and the skill to treat people according to their emotional reactions

5. Social skill – an ability to find common ground and build rapport. Skill in managing relationships and building networks

In my field of competitive intelligence a high EQ is helpful since we’re often delivering people bad news like, “Competitor A is getting ready to launch a disruptive technology,” or “We need to get this product to market before Competitor A or does else we’ll lose X% market share.” We are being paid to “tell the truth” and we cause stress since often “they” don’t want to hear bad news or threats to the business even if it is the truth. We have to stay strong to deliver bad news, and also be sensitive as to how “they” are going to take the news and not spring surprises, for example. I found one way not to be regarded as Darth Vader is to present management with opportunities as well.

What’s neat about EI versus IQ is that we can learn and be coached to improve our EI skills, whereas we’re born with a certain IQ. In this vein, I am studying to be a certified mentor for a company called EQmentor founded by the genius of Izzy Justice.

What’s really neat about EQmentor is it’s all on-line and there is total anonymity between mentors and mentees. I think their timing is really right as about 70% of communication is electronic, an indication of its high acceptance. When I formed The Business Intelligence Source  in 1993, my phone rang all day. Now it’s email, Twitter Tweets, LinkedIn and Facebook communication that talk to me 24/7.

EQmentor provides an incredible repository of information that mentors and mentees have access to in addition to members of the EQmentor community. The company carefully matches mentors and mentees and the relationship is a 6 month engagement, long enough to make a change in a person’s life. I know the price is right compared to traditional coaching so it will be affordable to more people.

What do you think about this concept at EQmentor? How do you use emotional intelligence in your profession?

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Connect on LinkedIn  Connect on Twitter

Netiquette on LinkedIn

LinkedIn is primarily a business to business social network with over 30 million members as of Jan. 09.  Users have different objectives and come from different cultures on LinkedIn.  Some people use it to connect with people who they would never otherwise know.  These people benefit from the synchronicity of connecting that often happens in my field of competitive intelligence during the process of cold calling where one source tells the caller the names of additional sources. At the other end of the spectrum are those who will only connect with people they know. Remember there is an individual behind that electronic connection to avoid blunders that put you in WIFM-land. (what’s in it for me)

Here are 12 LinkedIn bad habits I find particularly annoying:

1. The writer tries to make the invitations look customized.  I see right through that, so does everyone else.  I prefer invitations that get right to the point and invite me to join a person’s LinkedIn network.  If it’s customized I like that even better and I can tell for example that s/he decided to connect with me based on something s/he read from my profile or perhaps we are in the same LinkedIn group.  If I don’t know the person that well, I appreciate knowing how we met.

2. I don’t like being solicited for non-relevant services by my direct LinkedIn connections.  That is the downside of being a LION (LinkedIn Open Networker).  Others assume that we want to receive emails that promote their business.

3. I am continually asked to LinkIn with people who I am already connected with.  Some of them send out big email blasts and ask everyone to connect with them and claim they’re out of invitations (many of them are not).

4. If you want someone to connect with you on LinkedIn, ask them.  Some people ask me to go to their profile and initiate the invitation.  They often claim to be out of invitations.  Most of them are not.  They want you to use up your invitations.

5. I don’t like being invited into LinkedIn groups that obviously are not a good match for me.  For example, many recruiters have invited me to join their recruiting group on LinkedIn.  I am not a recruiter and wish they would look more look at targeted profiles before they send out these massive email blasts.

6. I don’t like being asked to recommend someone unless I know him or her.  Some people ask me who barely know me.  It makes me feel like I’m part of their cattle drive to collect endorsements, and that they don’t care about the quality.  You can tell when an endorsement is shallow so I don’t know why anyone would want one.

7. I also get aggravated by those who thank me for connecting with them and proceed to write me a long sales pitch. If you want people to read your “thank-you for connecting note,” you need to make it personal or don’t bother!  “Thanks you for connecting: let me know how I can help you” is a “non-thank-you” note.

8. LinkedIn has a Question and Answer section.  Some people ask questions to direct people to their business and it’s really an obnoxious ploy.  You can tell by how they ask the question and look at the name of their business and title.

9. Many people’s questions are dumb.  They’re so broad that you could write a book to answer them or they’re so unclear and in such poor English that I don’t understand them.  Think! Proofread!  Remember, the quality of your answers is directly related to the quality of your questions.

10. When answering questions, answer the question in the spirit of sharing and giving.  We don’t want to read all about your business.  LinkedIn links readers back to your profile.  It’s just like people who overtly advertise their business while making a presentation.  It turns people off.  You’ll get plenty of business by giving a good presentation, just like you will if you give good answers and are declared an expert on LinkedIn.

11. I am aggravated by people on LinkedIn whose profiles tell me nothing about what they do.  They are as brief as they can be and just go back through a couple of jobs, and I know they’re older than that.  These are often the same ones who are not open to being contacted: why are they on LinkedIn?

12. At the bottom of a person’s profile, some people are only willing to be contacted if it benefits them.  Their profile reads something like this:

Contact Settings
Interested In

business deals                    job inquiries
career opportunities

Someone who is a giver will include all the Contact Settings which includes ways that person might help others:

Contact Settings
Interested In

career opportunities           consulting offers
new ventures                        job inquiries
expertise requests              business deals
reference requests             getting back in touch

So these are my Big 12 No No’s on LinkedIn.  Do you have others to add?

Connect Cooperatively through your social & old fashioned networks

When Bonnie Hohhof, SCIP’s editor of Competitive Intelligence Magazine asked me to write about social networking etiquette, I was totally overwhelmed since there is reams of information on this topic.  How could I make it meaningful to SCIP members?  I found my answer in Chris Brogan‘s blog entry of Jan. 27, 2009 entitled, “You’re All Doing It Wrong.”

I loved this post so much that I copied it below and invite you to check out all the comments that this short provocative post attracted, 111 as this post is published.

• “You follow too many people on Twitter.
• You don’t allow blog comments.
• You add people to LinkedIn that you don’t know very well.
• You have ads on your blog.
• You use partial RSS feeds.
• Your blog posts are too short (too long).
• You shoot really long videos and don’t edit.
• You don’t follow people back.
• You swear.
• You talk in LOLcat speak.
• You aren’t using FriendFeed.
• You are using FriendFeed.
• You push the same updates to every platform.
• You don’t use Creative Commons.

Guess what? We’re all doing it wrong. Because we’re all doing it our own way, and it’s not always going to match the way you think it works best.”

People’s objectives in using social networks are very individual and are influenced by our gender, background, culture and Internet savvy.

In my field of competitive intelligence I notice there are two camps: those who want to find data about their competitors and don’t want to be found– mostly corporate managers and consultants who collect competitive data; and those who want to be found– management and research consultants looking for their next gig.  I notice many of my colleagues – I’m one of those shameless consultants — will only connect with people they know personally on LinkedIn and other networks.  I feel they are missing the opportunity for synchronicity to connect with people they would never meet except through connecting via strangers.  As we conduct cold calling to collect competitive intelligence, we often experience a similar synchronicity as one contact leads to another and another…the same thing happens in social networking when you connect with “strangers” if you are open to it.  Since you talk with so many people at one time through social networking the synchronicity is multiplied.

The point is with social networking, as with in-person networking you have to decide what works best for you based on your objectives for social networking, your ethics and philosophy and recognize that everyone you connect with has their own standards which might be different from yours.  Remember there is a person behind that electronic connection who has feelings in the same way that person has when you shake their hand physically.  Thus it takes time to build a successful social networking presence just like it does using the old fashioned way through meetings and phone calls.  Relationships take time to develop, and the best way to nourish them is through a real communication, such as a customized communication when you first connect and by being a generous giver.

At the end of the day, you create and tweak your brand and your personality through the various forms of connecting in cyberspace which includes social networks, blogs, your website, videos, podcasts, e-mails and text messages.  Just remember you can’t retract what you have written, and each communication leaves a permanent record in cyberspace.

Don’t forget that old fashioned marketing over the telephone, in-person meetings and personal notes still work too.  In fact I find they work great since so many have jumped into the social networking bandwaggon and have forgotten the value of personal connections the old fashioned way.  What’s been your experience with connecting on social networks versus traditional marketing? What works for you?