8/16/2007

Review of H+K's Influencing Technology Decision Makers research

There’s a really interesting video and white paper produced by Hill and Knowlton, the PR/AR firm. The title is Influencing Technology Decision Makers (sounds relevant!) and the work is based on a research project carried out on behalf of H+K.

On the whole it is a really thought-provoking piece of research. The interesting bits, for me, are (in italics, with my comments):

  • Previous experience is the primary driver for decision making. I agree, and where a decision maker doesn’t have this experience they have to borrow it from another source – influencers.
  • Decision makers are cynical towards sales collateral and marketing messages. Yep.
  • There is increasing influence of blogs, even in the C-suite. I disagree – we’ve completed a round of research for a client which shows that, except in France, blogs have little influence at the C-level. Blogs do tend to influence more technical audiences, and where blogs are part of the cultural make-up of the market under investigation (i.e. predominately online markets).
  • Gartner and Forrester are the leading analysts, and there is not much between them. Gartner has greater influence on the IT managers, while Forrester is more widely read in the boardroom. Interesting. This indicates that Forrester has caught up with Gartner, and has more credibility with senior decision makers. We certainly see these two far and away the biggest influential analysts.
  • Events are not that influential. I think this referred to analyst events, but I find it’s true in general. Gartner Symposium is the only analyst event that occurs in our research on a regular basis.
  • The Financial Times is the most influential non-IT publication. The Wall Street Journal leads in the US but trails the FT in other countries. In the UK, the Sunday Times, Telegraph and The Economist ran highest. No real surprises here, except perhaps for the poor showing of the Journal outside the US.
  • Print media is more widely read than online media. I agree, though the boundaries are often being blurred. As far as I know, the study didn’t track whether a respondent that read the FT did so in print or online format.
  • Analysts are important throughout the decision making process. Absolutely. In the book we’ve mapped various influencer types to the decision making process, and analysts play more roles than any other type. It’s important to understand, though, that although analyst firms play various roles, it’s not the same analysts that play all roles.
  • Use the media and analysts to influence decision makers, not to please your CEO on tour. Hoorah! If vendors take a decision maker focus, rather than creating noise to satisfy their own internal ends, then they might not annoy their customers and prospects so much. It is refreshing to hear this from a PR/AR firm.
The big criticism: where are the other influencers? This study only looks at the media, analysts and blogs. What about consultants, resellers, peers, user groups, academics, procurement experts, gurus and thought leaders, or the vendors themselves? I’d love to see the research run next year with this broader remit.


(A few words on the methodology. The research involved 420 interviews, across the UK, US Canada and China, and were conducted using a mix of online, face-to-face and telephone interviews. Interviews were also split by C-Suite and IT managers, and by large enterprises and SMEs. The sample looks a bit thin, when spread across all of these splits. But good food for thought.)

Labels: , , , ,

1/26/2007

On Edelman’s trust barometer

Every year Edelman PR commissions a survey of opinion leaders in 18 countries, measuring the degree of trust they have in business, government, media and NGOs.

As in other polls and lists, it’s interesting but not very useful to most firms targeting specific segments. You wouldn’t want to bet your marketing strategy on this study.

What is very significant, though, is that this poll acknowledges the influence of peers, “average employees” and “people like me.” It’s not just the elite that influencer. As David Brain, president and CEO, Edelman Europe, says:

“The growing trust in ‘people like me’ and average employees means that companies must design their communications as much on the horizontal or the peer-to-peer axis as on the vertical or top-down axis. CEOs should continue to talk with elites, such as investors and regulators, but also provide critical information to employees and enthusiastic consumers who spur the peer-to-peer discussion. Third parties with credentials, like academics and physicians, are also critical.”

It’s significant not because of what it says – it basically echoes the point of this blog and of Influencer50’s business model – but of who says it. Edelman is one of the world’s big PR firms and as such is clearly trying to get its head around the impact on its business of reaching out to new and diverse communities, while not incurring the wrath of the blogosphere. It’s had a couple of crises already (Walmart, Microsoft), but at least it’s trying.

Labels: , ,