Update on Prior Post on Management Consulting Blogs

Reader Phil was interested if I’ve found out anything more about the lack of management consulting blogs. To bring everyone up to speed, I had an original post that questioned why there weren’t many management consultant blogs out there. McKinsey only happened to be cited by me to get people’s attention (because of its prominent reputation). It is noteworthy, however, that in my original post I found a public reference that indicated that McKinsey was encouraging its employees to blog, but I have found no blogs to date. Some factual updates on consulting blogs to consider:

  • I did find Mike Nevens (ex-McKinsey) is blogging at the Sand Hill Group from time to time (note my post here)
  • Sapient CTO has spoken out against blogging
  • PR consulting firms are making moves.

An additional factor to consider, one that I did not explicitly address in my original post, is that it is important to think about how deal flow is generated in many management consulting models.

In management consulting, clients problems are generally confidential and they are infrequent (or at least do not follow as regular patterns as may occur in other services areas). Thus, a significant amount of time needs to be spent on marketing (as opposed to sales), because one needs to be at the top of mind, have relationships, and show up at the right time when a client calls. There are some firms that have more dedicated business development resources, but this is more the exception that the rule for the traditional management consulting firms.

To single out McKinsey, they have a very significant marketing vehicle around the McKinsey Quarterly. They provide world-renowned thought leadership there, and they already have eyeballs for their target audience. If one reads the book, "The McKinsey Way," the McKinsey Quarterly type of vehicle serves as one primary mechanism for staying at the top of people’s minds. The presence of this vehicle probably has a diminishing effect on the needs for blogs. Other consulting companies also have firm-specific publications – it is not unique to use these things for marketing in consulting firms.

Risk management is probably the strongest argument I can find to not wanting to adopt blogs in the management consulting firms. That said, I have seen a number of law firms that seem to be able to provide adequate counsel in the blogging area.

So if I were to update my hypothesis on why there are "no" McKinsey blogs, well there’s no urgent need to do so right now. Management consulting firms can afford to be second movers because the needs are diminished by a lack of CXO readers and other marketing vehicles already in place.

All said, I am a fan of Bob Lutz’s blog (Vice Chairman at GM). That’s a great example of what some companies are missing out on.

Update (1/4/07): Update on consulting blogs after two years …

Fordham’s Graduate School of Business Starts Mini-Course on Business Blogging

Charlie O’Donnell, analyst for Union Square Ventures (yes, the firm was part of the recent investment round in del.icio.us via Fred Wilson), is going to be another pioneer in the business blogging area at Fordham’s Graduate School of Business. Charlie will be teaching a mini-course there, and he has a course overview posted here (note: Word document). Also noteworthy is that del.icio.us (one of my prior posts consolidating info on del.icio.us is here) will be part of the course. I would guess that Charlie may have some good leverage to get a couple of guest speakers in that area …

Also noteworthy is that Fordham will be using to blogs to help build alumni relations. I think this is a great idea. Alumni networks are natural communities, and universities should consider blogging as a way to connect with their alums outside of traditional magazine, local event, and fund raising/telemarketing activities.

Update (4/25/05): Charlie’s full post about the Fordham course is here. Sorry I forgot the original link the first time around.

21Publish Launches New Pricing Model

As I highlighted in a prior post, 21Publish, a niche provider of blog software for turnkey blogging communities, has launched a new pricing model. The pricing model supports 100 free users with 2MBs of space for each user. A free model should be quite attractive for non-profits, alumni groups, ad-hoc organizations, and the like.

Disclosure: I am a consultant to 21Publish.

Update (4/21/05): Torsten Jacobi’s post reminds to link to some blogs developed using the 21Publish platform:

Blogosphere Says Cartoon Character Blogging Is Lame – I Say Too Early To Say

There are a number of influential bloggers out there saying that blogging by cartoon characters is lame and a waste of time. See here and here, plus trace through some of the links and comments for a general feel. As examples of cartoon characters blogging, here are links to  GEICO’s Gecko blog and Captain Morgan’s blog. What triggered my return visit to the subject of cartoon character blogging was that John Nardini was nice enough to send me a link last week to his new Moosetopia blog associated with Moosetracks ice cream.

My take on this: Too early to tell whether cartoon character blogs (as a general market) will work.

At one point in time, we said that the security in Netscape browsers couldn’t get hacked. Too many key combinations to try in our lifetime, etc., etc. Then (perhaps not getting the specifics right) some 17-year old figures out how to hack the security in a matter of minutes.

Someone says it can’t be done. That just challenges the world to find the right mix.

The right mix may lie in:

  • having a real person blog for a cartoon character in a non-secretive way (like John Nardini does)
  • having complementary Jeckl and Hyde type blogging sites (I think I have seen this style on the net before and it seems to work because one can get the benefit of anonymity plus extreme views)
  • applying audio blogging or other multimedia aspects (e.g., for kids)
  • having the cartoon character visit from time to time
  • having a cartoon character blog counterpoint
  • creating a cult-like following … only those in the know will know about who is the blogger behind the cartoon character (a la In-And-Out Burger’s secret menu).

We allow authors and bloggers to use pseudo names all the time. While cartoon character blogging is clearly not the same thing, there is the added benefit of near-infinite creativity.

All said, I am all for companies that do some experimenting with cartoon character blogging. I think it’s great for guy’s like John to try to pave the way for the rest to learn what works and what doesn’t. There’s not enough data points and posts out there to call this one yet.

Update (4/18/05): Spelling correction on "Jeckl". Should be "Jekyll". My favorite drummer is Dave Weckl, and I made a subliminal spelling mistake.

Sapient CTO Says Blogs Are Digital Equivalent Of Pet Rock

Sapient, a business consulting and technology services company, speaks out on blogging. As posted by Jupiter Research:

It was bound to happen. Blogger backlash has set in. Witness
Sapient, a leading business consulting and technology services company,
issuing a “media alert” with the headline, “Blog tech doesn’t live up
to blog talk, according to Sapient CTO.” Ben Gaucherin, the CTO in
question, says blogs “are a fad fueled by pop culture’s desperate
search for the next big thing.” When I spoke with Gaucherin he was even
more emphatic than he was in his news alert. He told me that blogs are
the digital equivalent of the pet rock.
[InfoWorld: Columnists]

Although I have never thought of Sapient as being a traditional consulting firm (kind of a hybrid like Scient, iXL, Viant, Diamond Technology Partners, etc.), Sapient is one of the few branded consulting firms I have heard speak out on and against blogging. Will be interesting to see if other consulting firms speak out.

Hat tip: Scoble

For The Blog Museum: Email Signature Block Footer Of The Past Versus Present

Past footer for corporate emails:

The information contained in this transmission may contain privileged and confidential information.  It is intended only for the use of the person(s) named above. If you are not the intended recipient,  you are hereby notified that any review, dissemination, distribution or duplication of this communication is strictly prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message. To reply to our email administrator directly, please send an email to [email protected]

Present footer for corporate emails:

This email is [] bloggable [X] ask first [] private

Original source for present footer: I don’t know. Two steps removed is Ross Mayfield.

Weblogs As A Game – Musings On The Levers (Long Post)

I blogged previously about Michigan Business School’ s foray into corporate blogging by having MBA students help a small enterprise. Real kudos to Bud Gibson and the others involved in this bootcamp effort.

Bud’s post made me pause to think about and write down what I have learned about corporate blogging, building blog traffic, getting cited by opinion leaders, etc. My thoughts are based on personal experience, analysis of best practices in other blogs, some loose benchmarking, and search for cases which defy what most people think of as best practices. My thoughts are a work in progress (it is hard to do this kind of research "as a side effort"). I have tried conducting some controlled experiments to see what factors result in different "outcomes". I use the word "outcomes" because blind recommendations don’t work in blogging – not everyone has the same goals in what they want for their blog. People should just be aware of how different levers work and then experiment and apply what works for them.

Here are some thoughts (I reserve the right to change my mind!):

  1. Some people say write original content:  If one wants traffic, then perhaps the statement is mostly true, but then I would qualify this to say that one needs to write original content from time to time. I have found that I can get away with this on my blog. I have seen more successful bloggers (if there is even such a measure of any blog being better than another) do it too.
  2. Some people say post frequently: I don’t think this is a necessary condition, but posting semi-annually is probably too infrequent. There are bloggers like Ed Sim (venture capitalist) that are reputed for having quality, thoughtful posts on a less frequent basis.
  3. Anecdotal experience on getting cited by experts or uber bloggers: Offline networking works best for me. My wife and I met Virgina Postrel a couple months back (her husband is a business school professor with my wife). When Virginia cited my blog a couple of times in the past, there were thousands of hits to the blog posts.
  4. Some people say quality of writing matters: Poor writing style doesn’t help, but I suspect good writing style may not be as important as some people think. I have seen people write way better than I do (not hard to find I might add) and have less traffic. I have also seen myself write great posts (or similar posts on another platform) that get little traffic compared to poor posts I have written that fit into the blogosphere better. What I have found is that contributing to dialogue matters more (in the way of using trackbacks, writing something about things currently on people’s minds in the news, having an angle, having a different takeaway, etc.).
  5. Some people say commenting on other people’s blogs helps: I have found that trackbacks tend to work better by 2X or so. My writing style was largely the same on my old Tripod blog (ignore the ads that weren’t there previously), but that blog didn’t support inbound or outbound trackback. When I shifted to my new blog on Typepad (well writing efficiency went up), I found that traffic and commenting went up very measurably in about 1/4 of the time.
  6. Some people say having commenting capabilities on one’s blog helps a lot: Not sure on this one although intuitively I would like this to be true because I like to respond to people (whether by email or response post). People like the concept of intimacy. While I feel having commenting can’t hurt you if you know how to respond to it effectively (see Bob Lutz’s blog at GM), it may be sensitive to how much clout one already holds (by way of what position you hold, what company you work for, what name you’ve established prior to blogging, how much traffic you already have). Seth Godin is a perfect example of someone that does not have commenting on his blog (yet he supports inbound trackback), and he has something like 2%+ of all Typepad traffic on the Internet (as reported by Alexa).
  7. Some people say use blog "electrification programs" like Carnival of the Capitalists: There is a good account of how traffic peaks for the host (I couldn’t locate it offhand – was done earlier this year). There are also sites that report increases in temporary blog traffic as the linked-to blogs. How sticky the readers are after the click-through, and how many of those readers become continued blog readers varies.
  8. Some people say don’t use blog magnet or traffic explosion programs: Here you get readers that aren’t sticky. Likely true. But if your model isn’t based on stickiness (e.g., impulse buy), then heck, it’s another tool to be aware of. The tool is not my style for this endeavor.
  9. Be aware of the mechanics around "The Tipping Point": If the goal is to get word around virally, here’s a great post on how a blog post got diffused through the net.
  10. Some people like Robert Scoble say use granular posts so that word can spread around: Conceptually, his idea sounds good to me having been an engineer (breaking things down into components and thinking about the concepts of ideaviruses also make sense). However, to be frank, I have not researched whether this is statistically true and borne out in actual data. Requiring granularity strikes me as a little weird though because political blogs are some of the most popular blogs, and these can be the wordiest/most packed blogs out there at times. That said, if one recounts how blogs became legitimized in the political area (e.g., in Hugh Hewitt’s book on Blogs), there does seem to be a role for distributing concise fragments of blog ideas.
  11. Some people say write a manifesto that can be passed around: Robert Scoble’s manifesto and Seth Godin’s free pdf book on unleashing the ideavirus come to mind. Need I say more here. Manifestos can really work if you can invest the time and find an angle from which to write.
  12. Learn about how things like search engines and the folksonomy software interact with blog traffic: This is probably a moving target given how rapidly blogs and search software are evolving. My current anecdotal experience is that this works better than commenting and about the same as trackbacks (in some cases much better than trackbacks). How sticky the traffic is … well, my impression is that trackback methods are stickier, but then I don’t have good sources I can cite to back this up. A little bit gut feel. Not a real strong gut feel yet.
  13. Link policy: No conclusions here, but it does have an impact. Need to think about this one. I posted my policy here. Jennifer Rice has some good thoughts on her site (see link to her link via my post).
  14. Placement of sideboard items: No conclusions here. Stickiness seems to be influenced by how the blog is laid out, and prior concepts about websites do not necessarily seem to carry over to the blogging world. On a somewhat related subject related to layout, consider Seth Godin’s post on having a sticky top line post.
  15. Hosted blogging platforms need to make advances to support corporate users: YES! Please do. RSS integration needs to be easier (e.g., adding Feedburner). Being able to track what people click (as opposed to having to add some funky php code) needs to be easier. Being able to add things like "email this post to a friend" should be there. Being able to automatically suggest other posts should be available. Being able to subscribe to commenting updates should be available to readers. Being able to interface with email updates (e.g., via Bloglet) should be there. Adding search engine capability … the list goes on and on. Without going into agonizing detail on this, there are improvements that seem like they can be made to improve viral spread and ability of bloggers to create stickiness. Unfortunately for the end user, hosted blogging platform R&D doesn’t look like it’s going into this area yet. Bloggers currently need computer science degrees and versions of HTML babblefish decoder rings to add these features in the aftermarket.

I have many more thoughts on this subject, but I just wanted to bang out some of the blogging levers that immediately popped into my mind. I guess my main thoughts are that depending on the game or business model one wants to create, then there are levers that are consistent or inconsistent with those goals. There’s no one way to skin a cat.

Hope this helps some future Michigan MBA students get some additional ideas.

Steve Shu

Don’t forget to subscribe to Steve Shu’s blog now (click icon)! Business and technology information for everyone.

A Sponsored Marketing Blog Post Example

For those interested in seeing a sponsored marketing blog post about online webconferencing, here’s one that I did for Citrix over at The CIO Weblog. I guess a couple of key things to note here are that third-party bloggers have an opportunity to both put their own spin on corporate products and use a more informal writing style than might be used on a company’s website.