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The nine fundamentals to thought leadership

Guest post by: Craig Badings

Article Overview: To arrive at the thought leadership relevant to your clients/prospects and one that is right for your business and then to successfully take it to market there nine fundamentals you should follow.

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The nine fundamentals to thought leadership

1.) Research your target audience - identify the challenges and issues they face in their daily lives/businesses. This is the most important clue and driver of your thought leadership direction.

2.) What do you want to be famous for? - Identify what area you want to own in your sector or industry. Focus on where your areas of expertise lie and analyse how you can you build an even deeper understanding backed by empirical data and always remember to focus it on your clients' needs.

3.) Scan your competitors - are they doing anything in that space? If they are, don't bother competing rather find a new space you can own.

4.) Deep dive - once you've identified the space you want to own it is important to go really deep into that area with evidence based research - opinions and using other people's content certainly won't cut it if you truly want to position yourself as a thought leader.

5.) Set objectives and kpis for your campaign - it needs to support and underpin some solid business objectives and it needs to be measured so that improvements can b made and it can be recalibrated along the way.

6.) Say something new - if you don't your so-called thought leadership point of view will realistically only amount to another piece of content and there is a lot of content out there. This is about differentiating yourself from your competitors and positioning yourselves as the trusted advisors or 'go to' experts in your field.

7.) Thought leadership champions - Identify and involve your thought leadership champions from the beginning - someone has to own this and act as your spokesperson and preferably someone senior so that you gain the business traction and senior backing you need in order for it to be a success.

8.) Leverage and packaging - cleverly package your content across every touch point of your target audience and prospects. There is a lot written about content management, content marketing, content curation. Call it what you will, the point is read the material it will give you some good ideas on how to leverage your content and take it to market.

9.) Make it part of your culture - there are many well known brands out there such as McKinsey, Deloitte, Booz & Company who have thought leadership ingrained in their culture. They manage it as an important part of their business and the ROI on their thought leadership campaigns have been fantastic as a result.

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Article Tags: thought leadership

About the Author: Craig Badings
RSS for Craig's articles - Visit Craig's website

Craig Badings has spent the past 21 years consulting to small and large brands about their public relations challenges. He is a director of leading Sydney-based financial and corporate communications consultancy, Cannings. Cannings is a member of the ASX-listed, STW Group Ltd, Australias largest communications services group. In 2009 Craig published a book on thought leadership 'Brand Stand: seven steps to thought leadership'. He believes that thought leadership is an incredibly powerful yet underutilized communications tool which if correctly packaged can add tremendous value to your stakeholders and, in turn, your brand. He was a main board director South Africa's largest PR company, Simeka TWS Communications and a regional director of their Cape Town office. In 1999, he started Rainmaker Public Relations. After two years, Rainmaker was bought out by London-based PR multinational, Citigate and Craig headed up their PR division. One year before immigrating to Australia he was appointed managing director of Citigate�s Cape Town PR, advertising and design agencies. In 2003, he moved to Australia and joined the Gavin Anderson Melbourne office. In 2004 he started his own business and in 2005 joined one of the Ogilvy Public Relations Australian sub-brands, Savage & Partners in Sydney. Savage & Partners merged with Cannings in February 2009.

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