Credible reports – since confirmed - are coming into SageCircle that Forrester management has set a new policy that analysts with personally-branded research blogs must take the blog down or redirect readers to a Forrester-branded role-based blogs. An email was sent to Forrester public relations on February 5, 2010 requesting a statement.
Update 1 – 2/5/10 12 pm PT: Added text about SageCircle’s prediction about analyst firms will try to limit analyst participation to firm-branded communities, aka private social networks.
Update 2 – 2/5/10 1:25 pm PT: Added Forrester’s official response below, just above “SageCircle Technique”.
Update 3 – 2/5/10 2:55 pm PT: Clarification of what we mean by “personal blogs” in this context.
(added) In this context when we say “personal blogs” we are referring to personally-branded blogs where the analyst comments on issues related to their research coverage or technology markets. Examples include The Heretech (Tom Grant), Web Strategy by Jeremiah (Jeremiah Owyang), A Software Insiders Point of View (R “Ray” Wang) and Mobile Strategy by Julie Ask (Julie Ask). Purely personal blogs that discuss family vacations, restaurant reviews, and so on are not included in this context. All the references to “personal blogs” were changed to “personally-branded research blogs” to avoid confusion.
SageCircle will let others debate whether this policy violates the analysts’ free speech rights, tramples on the spirit of the blogosphere, and so on. What we will look at is the “why” and does it make sense from a business point-of-view.
Forrester CEO George Colony is well aware of that savvy analysts can build their personal brands via their positions as Forrester analysts amplified by social media (see the post on “Altimeter Envy”). As a consequence, a Forrester policy that tries to restrict analysts’ personally-branded research blogs works to reduce the possibility that the analysts will build a valuable personal brand leading to their departure. In addition, forcing analysts to only blog on Forrester-branded blogs concentrates intellectual property onto Forrester properties increasing the value of the Forrester brand.
This move – if true – is very consistent with Forrester’s efforts to manage its analyst workforce to Forrester’s maximum benefit. In a letter to Mass. Gov. Patrick last year (see note 1), CEO Colony expressed his support for non-competes that favored the employer because “… non-competes ultimately help new and established companies alike to retain the talent they’ve invested in, further nurtured and who have become star employees due to their rewarding tenure and success. …” (emphasis added).
What is the downside for Forrester? Likely not much unless there is a big stink in the blogosphere that causes a public relations problem. It is also not likely that analysts with personally-branded research blogs will quit over this policy, especially in this economic environment where job opportunities are still at a premium. Unless those two unlikely events happen, Forrester will have a tool to help manage its brand equity and reduce analyst departures that could result in the launch of new competitors.
For analyst relations (AR) teams with Forrester analysts ranked high on their lists, this new Forrester policy could be Read the rest of this entry »
AR teams will get in trouble with executives for being surprised by analysts’ social media commentary – Looking ahead to 2010
Wednesday, December 23rd, 2009 by sagecircleThe vast majority of analyst relations (AR) teams are not regularly monitoring their most relevant analysts’ social media usage. However, this lack of attention could prove to be politically dangerous in 2010.
Many AR professionals have been confronted by executives at their companies with negative press quotes by the analysts. Often the executives demand to know why the analyst made the negative comment and what AR is going to do about it. Up through the early Internet age, while troublesome because it caused a fire drill, it was reasonable for AR not to be aware of a particular quote because a comprehensive press clipping service would have been too expensive. However, as the Internet and search tools matured, it has because harder for AR to justify ignorance about press quotes. This provides the added danger of damaging AR’s credibility for not being on top of the situation.
As more analysts adopt social media, sometimes chaotically, AR now has to anticipate being confronted by an executive wanting to know about some analyst’s negative blog post, tweet, or comment made in a social network. Just as with press quotes today, AR cannot feign ignorance about the negative comments made in social media. This is because it is perceived to be free and “easy” to monitor social media. Thus, an AR team that is not aware of an analyst social media comment brought to its attention by an executive will be in grave danger of having its credibility questioned. This could give rise to a new group tasked with social media influencer relations that would take over working with key Read the rest of this entry »
Tags: analyst relations, AR, blog, social network, Twitter
Posted in Analyst Relations Commentary, Analyst Relations Social Media | 12 Comments »