Preview of the Brands & Collaborative Economy Research Project

In March I embarked on a series of qualitative research projects to help organizations prepare for the disruption and opportunity emerging from the Collaborative Economy, and understand what resources they need to be successful. Crowds, Community & CollaborationWave 1 responses are in and the analysis is almost finished. I wanted to share a preview of the results to date. The full set of results will be published in June.

The pool of organizations that completed the survey ranged from Fortune 500 software, media and retail companies to small startups in the sharing economy space. A handful of non-profits also participated.

Key observations:

  1. A shared understanding of the Collaborative Economy is still forming.
  2. The Collaborative Economy is relevant to organizations, but the level of urgency isn’t high (yet).
  3. The most interesting sectors are Learning, Services and Corporate (“Sectors” as described by Crowd Companies Honeycomb model).
  4. Many organizations see online communities, social networks and collaboration platforms as “enablers” and areas to begin experimentation.
1. Shared Meaning & Definitions
Getting to a crisp definition and shared understanding of the Collaborative Economy is challenging because the concept describes the interplay of a number of other large trends and movements, including (but not limited to) the Sharing Economy, Sustainable Development, Digital Transformation, the Maker Movement, Internet of Things, Future of Making Things and more. In the context of this research project, when asked to describe their understanding of the Collaborative Economy, respondents mainly spoke to 3 key themes of the Collaborative Economy as:An economic model…

“A model in which the creation and exchange of value (of goods, services, knowledge, etc) occurs through human interactions versus (solely) financial transactions. Asset allocation is optimized such that resources are jointly consumed and assets rarely stand idle.”

A social movement…

“Where brands and people start thinking more cooperatively for the greater good…instead of competitively & businesses go back to being more sociable and people-focused.”

A technical platform…

“Coordination of mobile devices, cashless payment systems, reliable rating mechanisms to get value from each other as opposed to centralized corporation of assets.”

2. Relevance and Urgency
Most respondents said the Collaborative Economy was either “Somewhat Relevant” or “Very Relevant” both now and through the next 12-18 months. The fact that many respondents gave responses that indicated a relatively low level of urgency was very surprising. It is likely that most organizations:
  • Don’t understand how to formulate a strategy
  • Don’t have the necessary vision, leadership and resources to engage
  • Don’t see a burning platform of missed opportunity or competitive threat
  • Aren’t willing (yet) to make the investments in platforms, partnerships, open collaboration and the making corporate assets available.

The respondents who did indicate a high level of urgency, and had active pilots, were engaging in activities ranging from: investment in or partnership with complimentary startups, development of platforms and marketplaces, evolving existing social business programs, and re-developing the value exchanges of their online communities. These pilot programs will be covered in more detail in the final report.

Relevance and Urgency

 

3. Emerging Sectors
Research participants were asked to rank certain sectors of the Collaborative Economy by level of interest. The sector categories were sourced from the  Crowd Companies Honeycomb model.
emerging_BaCC

 

4. Enablers
Survey participants were asked to rank the following systems, technologies and engagements based upon their perceived value in enabling an organization to engage in the Collaborative Economy.
Enablers_BaCC

 

The full Brands and the Collaborative Economy report will be released in June, going in to further detail on the topics above, as well as:

  • An overview of current pilot programs being conducted by the respondents;
  • Key sources of information and data about the Collaborative Economy;
  • An overview of missing or underdeveloped resources and services needed by organizations for their Collaborative Economy initiatives.

Next Up:
Wave 2 Research begins June 1st.
Wave 2 research will begin the week of June 1st, and will cover:

  • Lessons learned from early successes and failures
  • Organizational resources needed to develop and sustain pilot programs
  • Development of a simple framework for Collaborative Economy pilot programs

If you are interested in participating in the research (via survey), being interviewed or profiled for the report, or sponsoring a future report, please send me an note.

Private Briefings & Advisory Sessions
I am also doing a limited number of private briefings on the Collaborative Economy research and how a modern approach to online communities can support innovation, customer acquisition and retention.
I’m available for online session booking via Popexpert, or feel free to drop me a note.

The Collaborative Economy Honeycomb v2: 6 Industries Added

The latest version of the Collaborative Economy Honeycomb – visualizing the industries showing meaningful growth and / or activity – has been released on Jeremiah Owyang’s blog.

The new version adds 6 new industries:

  • Health & Wellness
  • Logistics
  • Corporate (Platforms)
  • Utilities
  • Municipal
  • Learning

collab_econ_hcomb

 

You can get multiple versions of the Honeycomb file, a directory of all the businesses in the Honeycomb, and a deeper overview on Jeremiah’s blog post.

Digital Content & Tools?
One cell that I was hoping to see added this time around was Digital Content – maybe “Digital Things”. There are a growing number of  communities and networks of people exchanging the digital files, knowledge and expertise needed to make physical goods. Expect these networks and communities of makers, tinkerers, hackers and artists go more mainstream as more people become inspired by the Maker movement and the ease of use for the software and hardware tools becomes better.

Some examples include:
Thingiverse
Hackster.io
GrabCAD
Dremel’s IdeaBuilder Community
Fusion360 Community  (disclosure: I work for Autodesk and my team builds and runs this community)

As I’ve mentioned in previous posts, I do think the Collaborative Economy is a real and emerging force, poised to disrupt existing brands and create many new ones. Tools like the Honeycomb help capture a snapshot of the current state of a complex system – Thanks to Jeremiah for continuing to analyze, capture and help make meaning from all the activity in the space.

The Collaborative Economy – A Comprehensive Overview from the P2P Foundation

propsI stumbled on the following report from the P2P Foundation, and it was too good (and comprehensive) not to share. The main caveat with the doc is that it was published in 2012 and not 100% current with trends… but with that said, the content is generally helpful, and the editors / researchers were very prescient.

By way of a short overview (warranted, as this doc weighs in at 346 pages), the report gives a fantastic foundational overview and frame of what is now generally referred to as the “Collaborative Economy”, drawing from the best sources in the social business, online community, social media, innovation and collaboration spaces in the last 10+ years – Benkler, Tapscott, Chesbrough Botsman, and many more.

In short: these are the essential cliff notes you wish you had been taking over the last 15 years, but probably weren’t, coupled with thoughtful analysis. It is an excellent preamble to the work Jeremiah Owyang and Crowd Companies (and others) are extending and putting in to practice.

Dr. Strangeshare or: How I Learned to Stop Worrying and Love the “Collaborative Economy”

dr_strangeloveI have a confession to make: I can become really obsessed with labels.

Back in 2008, when I was producing events and conducting research focused on Online Communities for Forum One, the word “social media” hit broad adoption. I had countless debates with my colleagues about what we should title events and new research initiatives to stay true to the intention and tradition of online community building, while including the emergent activity happening on the mass social networks that were experiencing explosive growth globally. Two years later at Dell, our centralized “Social Business” team was called “SMaC” – Social Media and Community. Many labels in play trying to describe a spectrum of concepts and activities.

Ch-ch-ch Changes
On the one hand, each new term that has been introduced introduced to describe a major shift (virtual community, online community, social media, social business…) signaled a major evolution or change in culture, driven by the twin forces of technology and culture. On the other hand, each change contained so many attributes of the last wave that it was easy to be cynical that it was change in name only, driven by consultants, analysts and authors ready to make a label stick to own a market or concept. What really happened? Honestly, I think a bit of both – as market and cultural forces gained energy, a handful of folks were able to step forward and help make meaning of what was going on and describe what possible future scenarios might come in to play. I created a simple diagram to describe what I personally saw in my career to date:

A Snapshot of the Evolution of Online Communties
(
click for a larger version)

Something’s Happening Here
Which brings us more or less up to date. When I first heard the terms “Sharing Economy” and “Collaborative Economy” hitting mainstream last summer, my immediate reaction was a cynical “here we go again”. But then I started doing research, and listening to some of the smart voices in the field signaling the change. In particular, I found Rachel Botsman’s work very helpful and insightful. Her “The Sharing Economy Lacks a Shared Definition” is an especially good overview. Jeremiah Owyang has done a lot of research and writing in the field as well, and it was his energy and insight that helped me decide to make Autodesk a founding member of his Crowd Companies brand council.

I’m convinced we are entering a new era – one that draws on the collective learning, social technology and cultural evolution to set the stage for the next act in a very long play that the Cluetrain Manifesto described in 1999:

A powerful global conversation has begun. Through the Internet, people are discovering and inventing new ways to share relevant knowledge with blinding speed. As a direct result, markets are getting smarter—and getting smarter faster than most companies.

I keep coming back to a handful of questions to help frame how the Collaborative Economy will affect my day to day practice:

  • How might this next phase of “social” enable (or force) sustainable and thriving businesses?
  • How can Brand’s fully design and engage an extended community ecosystem – inclusive of all stakeholders (customer, partners & employees), built on shared value?
  • How will reputation play a role as the marketplace becomes a mesh? How can we make data, content and associated reputation all portable across meaningful contexts?
  • How will participation and contribution will be valued, exchanged and incentivized in the near future?
  • What does the future of crowdsroucing and co-innovation really look like?IMHO, early examples, like Dell’s IdeaStorm (I designed the current incarnation) and marketplace’s like Quirky and kickstarter are all part of an interesting but humble beginning.

The net-net: for me, the time for lable-gazing is done. It’s time to learn, experiment and evolve my practice.

I’d love to hear your thoughts.

Updated 3/3/14 @ 11:55am
This morning, Jeremiah Owyang released a new report: Sharing is the New Buying, Winning in the Collaborative Economy – this is the largest study of the Collaborative Economy to date, and an informative read.

Attributes of Thriving Online Communities

Screen Shot 2013-10-21 at 11.19.39 AMI got my start building online communities in 1999 with the launch of TechRepublic.com. We grew from a cold start of 0 to 2 Million members in less than 2 years before being acquired by Gartner – it was an insane ride.

I was first asked the question of (more or less) “What makes a thriving community” during the first few months of our growth, and frankly, I didn’t have a good answer at the time. I was primarily focused on designing the site, rolling out new features (like one of the first peer networks in the space), and tweaking architecture. One night when we were working on what was essentially a Social Q&A feature, I checked into our forums to look for inspiration and ideas around how people typically ask technical questions. What I stumbled into was an exchange in the forums about configuring Windows NT for a very specific enterprise environment. Probably 100 in the entire world were capable of having a meaningful conversation about this topic, and we had attracted 10 of this. For TechRepublic at that time, a thriving community meant attracting the most knowledgeable IT Pros in the world, and incentivizing them to share and participate.

I’ve asked myself the “what makes a thriving community” a lot over the years, especially when my practice takes me into a new domain. What worked at TechRepublic in ’99 and Autodesk in 2001 wasn’t necessarily the same criteria for the large NPO communities and collaboration spaces we did at Forum One, or even the range of communities we built and nurtured at Dell.

I was asked to think about the question again last week, and I put together the following list. Given where brands generally are with their social and community efforts, I feel like this is a good and succinct list – by no means comprehensive – but directionally correct.

Attributes of Thriving Communities

Attribute What it looks like to host: What it looks like to member:
Shared Value Business value in the form of answers, content, connection, expertise, & advocacy. Value in the form of answers, content, connection, expertise & access.
Shared Identity Members rally around, inhabit, and shape community brand. Helps birth and shape community brand.
Vibrant Participation Visible, regular and quality member participation and contribution. Regular Host presence, contribution and facilitation.
Community Leadership Defined rank and reputation model; extending management to members. Meaningful ranks and status; clear paths to achievement and privileges.
Quality Content Content base growing and evolving to most valuable state. Contribution, curation and feedback to evolve content quality.
Expertise Community attracts and develops SMEs. SMEs from host are regular community participants; opportunity to learn & develop.
Culture of Trust Culture of openness and civility. Members air grievances respectfully. Feel connected to host, part of governance & free to provide critical feedback.
Elegant Experience Mature community & social tools, fantastic UX, committed roadmap. Easy to participate and contribute, needs-driven features.
Growth & Responsiveness Base follows growth curve of brand / product. Base guides features & policy. Steady influx of new & quality members, participation in community governance.

 

What would you add?

Announcing the Online Community Unconference 2013 – We’re Back!

ocu2013_2

File under: blog posts I never thought I would be writing – but excited that I am.

It’s been an interesting journey to get here (and I’m certain it will continue to be), but I’m very pleased to announce that we will hosting the Online Community Unconference in Mountain View, CA on May 21ist.

You can register here. <

The Unconference planning team is rooted in the #OCTribe meetup and is made up of me, Kaliya Hamlin, Randy Farmer, Scott Moore, Susan Tenby, Gail Williams, Rachel Luxemburg and Maria Ogneva. Our plan is to closely follow the successful format of the Online Community Unconferences that ran from 2007 – 2010 in the Bay Area and New York that I produced when I was at Forum One – specifically:

  • Personally inviting key professionals in the industry to ensure a knowledgeable and experienced group
  • Adhering to the principles of Open Space Technology to ensure a quality event experience & maximum content – no filler / no talking head keynotes and no recycled presentations that you’ve seen from “noted experts” at other conferences. This is about real professionals having real conversations
  • A great location in the Computer History Museum
  • A commitment to document the proceedings  – see an example of the Book of Proceedings from the OCU 2009.
  • A fun and collegial environment

I’ll have more details as we get closer to the date, but the key things for now are:

  • Registration is open now with early bird rates @ $85
  • We are currently looking for a modest amount of sponsorship (feel free to email me)
  • Our hashtag is #OCU2013
  • We hope you can join us on 5/21!

And lastly… its nice to be back 🙂

Supporting Community Manager Appreciation Day #CMAD

Screen Shot 2013-01-13 at 7.14.57 PM

First established in January of 2010, Community Manager Appreciation Day (#CMAD) is held on the 4th Monday of January to celebrate the role of Community Manager. The celebrations range from small acts of gratitude, like thanking a staff community manager with a note, to major events and meetups all over the world.

Jeremiah Owyang, the event’s creator, is tracking all of the activity on his blog here:
4th Annual Community Manager Appreciation Day: Jan 28, 2013

San Francisco Happy Hour on 1/28
I am helping organize a San Francisco happy hour on the evening of the 28th at District Wine Bar. The event is free, but you must register and RSVP here:
Community Manager Appreciation Happy Hour – San Francisco

Google Hangout from the folks at My Community Manager
Tim McDonald and the team at My Community Manager are hosting a hangout on Google + all day on the 28th – more info at:
My Community Manager G+ #CMAD Hangout 

Again, Jeremiah is doing a great job of tracking all of the activity across the globe via this blog post.

Find YOUR own “A” in CMAD
I originally chose to support #CMAD because I believe that most organizations are underinvesting in and not properly prioritizing the role online communities can play in their marketing, sales and support strategies. I see #CMAD as a way to raise the visibility of the role of Community Management in addition to a whole lot of gratitude for Community Managers being passed around. With that being said, I have a couple of suggestions for celebrating #CMAD:

  • As a baseline, acknowledge the community managers on your staff with thanks and perhaps a small gift
  • Thank a community manager in one of your passion or hobby communities
  • Thank those you have learned from in the space – I threw a shout out to Amy Jo Kim, Howard Rheingold and Joe Cothrel… and I will continue to add to that list on the run up to the 28th
  • Think about how we go beyond “appreciation” for the CM role next year – should it be Advancement? Acceleration? Let’s ave this discussion during the year!

As I look back on my 14 years in the space, I am encouraged by the progress in tools, practices, programs and professional network… but we still have a long way to go! I look forward to seeing Bay Area Community Managers at the Happy Hour on 1/28.

The Role of Brands in Online Communities

There seems to be a wave of bad advice and misguided thinking regarding where and how brands should engage with their communities. Examples include pundits advising brands to prioritize social efforts “off domain”, being passive observers in their communities instead of active hosts, and a general sentiment that hosting a brand-based online community is high effort and low return.

This is really unfortunate, as I’m convinced many organizations are missing key opportunities to realize value from online communities. The reasons for the bad advice and thinking are myriad and may include legitimate causes like: steady pressure from a slowly recovering economy, increased demands for customer attention online and competition for prioritization amongst a growing list of places to play in social media. Unfortunately, the lack of direct experience and ego play a role as well.

Stakes
So, what’s at stake? Your network of customer relationships. Said another way: you can rent this network on Facebook (along with other tenants), or you can make the investment in hosting, growing and managing the network yourself. Renting is cheaper in the short term. Building and hosting the network creates a business asset that is generative in value if managed properly.

The Role of Host
When I say “host”, I am specifically talking about on-domain, brand-hosted communities that are built on a community platform (like Lithium or Jive) and housed under the brand’s domain. Examples include Autodesk’s AREASAP’s Community Network , Dell’s TechCenter and Lego’s CUUSO . The value of these communities is multi-dimensional, but hosted brand communities are generally a “clean, well-lit place” for a company to:

  • offer customers peer to peer support, lowering support costs and increasing customer satisfaction;
  •  co-develop product and service ideas with customers, lowering research costs and creating products with a built in market;
  • give special access to and content from insiders (like product developers) in the company, increasing the value of the community for members;
  • share special content to enhance the use of (or use in) the products;
  • discuss improvements or extensions to products and services;
  • facilitate niche communities of practice around specializations;

to name just a few in the long list of possible activities that produce value for both the brand and community members.

Being a Good Host

“if you talked to people” by Hugh MacLeod @gapingvoid

The web is littered with failed attempts by brands trying to kickstart communities. Many remind me of the famous Bette Midler quote “but enough about me… what do YOU think about me”. Many early failures hit the wall simply because they made the simple mistake of being selfish. Brands need to be able to come up with a simple value equation as part of the strategic development process for community that accounts for both their business needs as well as that of the community member. If both parties can’t win, there is really no sense in playing. I offer the examples I gave earlier as proof that this can be done – Lego, Autodesk, Dell and others have been and are successful in their efforts. A few reminders on etiquette for being a good host (and there are many others):

  • Be present and attentive
    Ensure that staff are available to participate, answer questions and respond to feedback.
  • Be engaged
    Actively manage the community, ensuring basic moderation is happening and that there is a regular cadence of content and activity.
  • Be respectful
    Ensure that communications, content and activities are geared towards shared value, vs one-sided discussions about the host organization. Being respectful goes beyond generally being civil and includes the expectation that the community hosts will form relationships with members and support the community over the lang haul.

Brands as Networks
One definition of brand is “the collectively held perceptions about an organization shared amongst its stakeholders”. I find this fascinating because the statement implies that a brand can’t manifest unless it is in a networked environment. Brands need networks in order to exist. Online (and offline) Communities are a living, breathing expression of a brand.

The Net:

  • Online Communities should be a focal point of brands social strategy, and a “center of gravity” for social presence;
  • Brands should not shy away from the role of active community host – it’s not an option, it’s a responsibility
  • To be a good Community host, approach the task with the attitude that *everybody can win* instead of a zero sum game of Brand vs Customers

Thoughts on Managing Your Social Vendor Relationships

Let’s face it – the vendors you rely on for social media & community platforms, services and advice have you outnumbered and surrounded. Between account reps, sales reps, relationship managers, executive success partners and the rest of the cast, most vendors have a veritable army of skilled professionals whose primary purpose is to maximize revenue derived from their relationship with you. I’m not saying that this is all bad (profitable vendors = sustainable vendors, after all) and that these relationships can’t be mutually beneficial. What I am saying is that the sides of the social vendor relationship game aren’t evenly matched. For social executives, it’s time to step up our game and more proactively manage these vendor relationships.

What’s at stake? Ultimately, the long term success of your social programs. Have you ever been through an Online Community platform migration? It sucks –  from a technical perspective, let alone a community management perspective. Ever had to buy an additional social listening package because your primary  did a bad job of  influencer identification? Ever had analysts completely contradict each other on best practices for rolling out a Reputation Management system in back to back briefings? Issues with vendors as isolated incidents are painful and expensive. Issues with some or all of your vendors simultaneously can  kill social programs.

The opportunities at hand are to gain the most value from your vendor relationships ideally by:

  • Gaining access to and influencing product roadmap
  • Guiding the vendor into partnership & integration discussions with other vendors that you use
  • Staying abreast of best practice and useful case studies from other customers of the vendor
  • Understanding if you and the vendor are on paralell or divergent paths long term

SWGD? (So Watcha Gonna Do?)
I offer the following tactics and suggestions in the spirit of SWGD :

1. Host an Annual Social Vendor Summit
Ask your vendors to come onsite for an annual Social Vendor Summit. I hosted one of these at Dell in January of this year, and had all of our community, social media, listening, social CRM, social marketing, analytics and touchpoint partners in for a day of shared briefings. The briefing format was dead-simple-  each vendor had 30 minuts to share 3 slides: 1) An overview of current state and feature usage, 2) Suggestions on how we could improve use and effectiveness of their offering and 3) Anything else they wanted to tell us. They sessions were a great way to get the internal team on the same page and also to spur brainstorming and collaboration amongst the vendor partners.

2. Conduct Quarterly Business Reviews
These reviews are likely common as an internal practice in your organization, so why not expect them of your vendors? Reviewing product roadmap updates, strategy updates, progress on key programs and any interesting new customer examples or case studies is a few hours well spent in the quarter. This is a much deeper and more exclusive dive than the Summit mentioned above, and is really intended to be a frank feedback sharing and strategy session. Are some of your vendors not willing to spend the time to do this? Great segway to my next suggestion…

3. Stay in Touch With Competitive Vendors
Competitive social vendors are likely calling you anyway – make the best of it! I was generally willing to take a call or briefing with a competitive vendor at Dell if I was sure about our internal position on the incumbent vendor (favorable or not) and I would always let the competitive vendor know if there was any chance of them winning the business prior to the briefing.

4. Understand & Influence Product Roadmap
Your social vendors with product roadmaps should be more than willing to share fairly long-term (at least 18 mos) roadmaps with you. They will be caveated to the Nth degree and be bookended by safe harbor statements… but they should be shareable. You should feel empowered to have a discussion about the planned features and you should generally feel like your priorities are taken into account. If not, this should be a huge red flag (and see previous point re: Competitors).

5. Build Your Peer Network
It is critical to have a network of peers in similar positions to compare notes with and to seek advice from. Analysts are great for general snapshots of the social landscape and directional advice, but being able to have a conversation with a peer sitting in *your* seat in another organization is invaluable. Your social vendors will likely have conferences and events that will offer great networking opportunities. Vendors can also make intros for you. There are also many great networking organizations like The Community Roundtable and SocialMedia.org. To put a fine point on it: build your network before you need it.

6. Get Personal
Along the lines of building a peer network, get to know the key players working for your vendors as well. Invest the time in building one to one relationships outside of the conference room. Personal relationships often make the difference  in getting a heads up on a feature change, getting a feature request into a release or getting a little extra help with a configuration.

The Net-net: a little extra effort put into elevating your relationships with your key social vendors to a *true* partnership will likely pay back valuable dividends in the form of better platforms, more effective social programs and higher return  on your social investments.

Do you agree that spending more time managing your social vendor relationships could create value? Do you have additional suggestions on why and how to manage these relationships? I’d love to hear your thoughts and any stories or suggestions you could share.