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“Thought Leadership,” the Next Public Relations Frontier
Written by: Len SteinArticle Overview: Converging forces are at work to revolutionize public relations as practiced in today’s social media landscape. Business now finds itself compelled to open new channels of communications in its’ quest to influence its’ publics and to establish a position of “thought leadership.” Thought leadership is rapidly emerging as the key to enhancing company, and entrepreneurial, credibility and to influence decision-makers in every field of endeavor.
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“Thought Leadership,” the Next Public Relations Frontier
Converging
forces are at work to revolutionize public relations as practiced in today’s
social media landscape. Business now finds itself compelled to open new
channels of communications in its’ quest to influence its’ publics and to
establish a position of “thought leadership.” Thought leadership is rapidly emerging as the key to
enhancing company, and entrepreneurial, credibility and to influence
decision-makers in every field of endeavor.
Strategic
“thought leadership” focused public relations is now an essential tool in the
quest to enhance company image by differentiating one’s philosophy and
offerings in our highly commoditized, information-cluttered mediascape. It
helps to build a favorable attitude toward a company, its products and
management through the recognition that the company is a master of its
business, considers the needs of its’ customers and the larger society, and
comprehends the direction of the marketplace.
Many
Still Spewing…
While
many companies are still content to spew news releases into the Internet
through myriad paid or free PR distribution channels, such scatter-shot efforts
pay few dividends and do little to position a company for leadership. What is
required instead are strategic campaigns that emerge from a company’s mission
and that consistently communicate an original, forward-looking perspective on
core industry challenges.
A
thought leader company actively promotes ideas relevant to its marketplace and
to the larger society which its processes impact. By joining the industry
conversation, and addressing pivotal issues with authority, one will, with
consistent effort, come to be recognized as a leader in that field. The
resulting leadership aura demonstrates to the market that your company has the
experience and knowledge to support its words – that you can walk the talk.
Thought
Leadership Aura
Once
achieved, whether for a large or small enterprise, thought leadership
encourages customers and prospects to approach your company for insight and
vision. Journalists, bloggers, and analysts, etc. will seek out your
perspective. Prospects will add you to their “short list” when seeking outside
services.
White
most companies work hard to attain a level of industry visibility, thought
leadership, which represents the distillation of company mission, vision and
structure, is proof of competence.
It builds corporate image by demonstrating a proprietary command of
timely issues and opportunities in a given industry. By speaking out through columns, briefings and
commentary, executives demonstrate an understanding of and commitment to moving
their business, industry and society forward. Thought leadership speak does not
tout product attributes or features, rather it takes the consumer perspective
by demonstrating the thought processes of its management team.
A
Compelling B2B Advantage
B2B companies, especially in consulting and
research related fields, will find that compelling thought leadership
campaigns provide one of the
most potent tools available to establish competitive advantage. By focusing on
thought leadership communications, companies can frame and stimulate the
conversation around the challenges, opportunities and socioeconomic problems
that they are best positioned to address.
The tools of thought leadership are evolving with the Internet
but remain rooted in solid communications skills – the written word, the oral
presentation and, increasingly, video. Many companies will find themselves
challenged to produce professional-grade, ongoing thought leadership
communications internally. When this is the case one should seek public
relations support from an agency steeped in your industry. External thought leaders
may also be “borrowed” by aligning with respected academics, analysts and
consultants to help shape the conversation.
Whichever
approach appears most feasible, it is crucial to make thought leadership a
strategic imperative. And, happily, the process can work for established,
challenger and start-up firms. But be warned, developing thought leadership
requires work and an on-going commitment. It demands that management view their
company from the perspective of the outside world and speak to its needs rather
than from your ego.
Committing
to an ongoing campaign is the best way to demonstrate industry leadership and
to ensure success in a business culture increasingly dominated by the contest
of ideas.
###
Article Tags: brand, brand management, public relations, thought leadership
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