The document discusses how developing thought leadership can help build competitive advantage for a firm. It defines thought leadership as developing a unique perspective or insights in one's area of expertise and effectively sharing those ideas with others. Thought leadership can become a strategic asset for professional services firms by demonstrating their expertise in a way that influences an industry. The key is to provide value through original ideas rather than just advertising one's own expertise.
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Thought Leadership - its role in building competitive advantage
1. Thought Leadership builds competitive advantage
Tuesday, 27 November 2012
12. Strategic Assets
Unique to your 鍖rm
Path-dependent
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13. Strategic Assets
Unique to your 鍖rm
Path-dependent
Usually intangible
Tuesday, 27 November 2012
14. Strategic Assets
Unique to your 鍖rm
Path-dependent
Usually intangible
Superior to those of competitors
Tuesday, 27 November 2012
15. Strategic Assets
Unique to your 鍖rm
Path-dependent
Usually intangible
Superior to those of competitors
Dif鍖cult for competitors to copy or acquire
Tuesday, 27 November 2012
16. Strategic Assets
Unique to your 鍖rm
Path-dependent
Usually intangible
Superior to those of competitors
Dif鍖cult for competitors to copy or acquire
Contribute to something that clients want
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20. 1.Firm-speci鍖c assets
Competencies, 鍖rm-wide skills
Organizational culture
IP, e.g. patents, licences
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21. 1.Firm-speci鍖c assets
Competencies, 鍖rm-wide skills
Organizational culture
IP, e.g. patents, licences
Systems
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22. 1.Firm-speci鍖c assets
Competencies, 鍖rm-wide skills
Organizational culture
IP, e.g. patents, licences
Systems
Lines of capital
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31. Thought Leadership defined:
The term was 鍖rst coined in 1994, by Joel Kurtzman, editor-in-
chief of the magazine Strategy+Business
Tuesday, 27 November 2012
32. Thought Leadership defined:
The term was 鍖rst coined in 1994, by Joel Kurtzman, editor-in-
chief of the magazine Strategy+Business
Thought leaders are individuals or organisations that are
recognised by peers, customers and industry experts as
someone who deeply understands the business they are in, the
needs of their customers, and the broader marketplace in which
they operate
Tuesday, 27 November 2012
33. Thought Leadership defined:
The term was 鍖rst coined in 1994, by Joel Kurtzman, editor-in-
chief of the magazine Strategy+Business
Thought leaders are individuals or organisations that are
recognised by peers, customers and industry experts as
someone who deeply understands the business they are in, the
needs of their customers, and the broader marketplace in which
they operate
Thought leaders have a distinctively original idea,
a unique point of view or an insight
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35. In professional services
A thought leader is a subject-matter expert
who has unique insights or perspectives to
share in his or her area of expertise.
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36. In professional services
A thought leader is a subject-matter expert
who has unique insights or perspectives to
share in his or her area of expertise.
Their ideas are packaged in an accessible and
attractive format, and may change the way
people think, and sometimes even the future
direction of an industry or community.
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39. Thought leadership is
not...
Pure information
Pure opinion
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40. Thought leadership is
not...
Pure information
Pure opinion
Pure criticism
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41. Thought leadership is
not...
Pure information
Pure opinion
Pure criticism
Just getting quoted
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42. Thought leadership is
not...
Pure information
Pure opinion
Pure criticism
Just getting quoted
Just thinking
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43. Text
Thought leadership A sophisticated blend
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44. 4 types of promotion
(thought leadership could be a 5th)
Advertising
Public Relations
Word of mouth
Personal selling
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45. An important
distinction
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46. An important
distinction
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47. An important
distinction
Advertising asserts your
expertise
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48. An important
distinction
Advertising asserts your
expertise
Thought leadership
demonstrates your expertise
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49. An important
distinction
Advertising asserts your
expertise
Thought leadership
demonstrates your expertise
If it looks, feels or smells like
advertising, its not thought
leadership!
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50. The window of
Get on the clients short list
opportunity
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51. 4 steps to thought
leadership
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52. 4 steps to thought
leadership
Have a strategy
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53. 4 steps to thought
leadership
Have a strategy
Find something interesting to say
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54. 4 steps to thought
leadership
Have a strategy
Find something interesting to say
Say it in an interesting way
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55. 4 steps to thought
leadership
Have a strategy
Find something interesting to say
Say it in an interesting way
Leverage your work
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63. Leverage your content
Break it into bits
Expand it
Deliver it in different ways
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64. Leverage your content
Break it into bits
Expand it
Deliver it in different ways
Use different media
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65. Leverage your time
Internet provides potentially huge audience
Publish via Blog, Twitter, LinkedIn, relevant web
sites
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66. Your Thought Leadership Plan
Leverage your efforts
Get your work in front of
more people
Say it in an interesting way
Expand with models,
metaphors and content
Find something interesting to
say
Create your content
Have a strategy
How do you want to be
positioned?
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67. How does thought
leadership build
competitive advantage?
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68. Thought Leadership Positions you as the expert
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69. Thought leadership
builds reputation and
relationships
(and these are strategic assets)
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70. Attract clients instead of chasing them
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