Corsello OnDemand… on talent management, modern marketing and a little bit more

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"It's not all about social media, it's about everything we do being very integrated". Jason Corsello is VP, Strategy at Cornerstone OnDemand

About a decade ago, when I was chugging along in the old-school analyst business, I hired a kid from the West Coast to learn the ropes.

I think he was just looking for any old job to get him to the East Coast, but, hell, he seemed smart and was willing to work for a lousy wage.  After a glamorous relocation (I recall we put him up at the Holiday Inn at Logan Airport for 2 weeks), I threw him some god-awful analyst report on HR technology platforms and said, “can you write something better than this crap”.  He’s never looked back.

Jason Corsello didn’t just turn out to be a great analyst and one of the original HR bloggers, but he’s now honing his knowledge to be a real strategist in modern marketing plying his trade for leading strategy and marketing for Cornerstone OnDemand, one of the hottest Cloud-based HR tech firms on the Nasdaq today, specializing in talent management.

I asked Adam Luciano, HfS analyst covering customer experience management, to connect with Jason just to discover how he approaches marketing strategy in today’s environment, and learn a little about Jason’s too…

Adam Luciano (HfS Research): You’ve had a very colorful career to date – can you share the highlights?  How did you end up doing marketing at Cornerstone?

Jason Corsello (Cornerstone OnDemand): Phil and I worked together as analysts at Yankee Group (back in the day) and I spent a lot of time researching technology and – more specifically – the HR technology market. I left Yankee and joined a top consulting firm [now part of Appirio] servicing the Fortune 1000 companies, like Starbucks, Nike and Dell with helping create their whole HR and talent management strategy. Essentially we looked at the best ways to recruit, manage and train employees by leveraging technology.

Then, two years ago, I decided to join Cornerstone OnDemand. At the time, Cornerstone had just gone public, and was one of the top three vendors in talent management. In the last year, two of the top competitors have been acquired by Oracle and SAP, now making us the leader on the best-of-breed side in talent management. I joined Cornerstone in the role of  VP of strategy and corporate development – meaning figuring out the three-year plan for the business and the buy-build-partner perspective. In year one, we did an acquisition, launched a number of new products and initiatives and formed some very unique partnerships. In the last year I’ve now taken on responsibility for marketing for the sole reason to better articulate our strategy and then communicating that to the marketplace of customers and key influencers. I have been leading our global marketing efforts for about six months now and am really trying to change and embrace all of the new models of marketing today.

Adam: Why the human capital management industry? What’s the appeal?

Jason: I probably never would’ve thought I would be in some sort of HR-related field, but I think most people would probably agree that it’s [HR] not very efficiently run at most companies. From the way HR recruits, to the way they manage performance, to the way they train people is still very inefficient. A number of companies typically spend anywhere from 60-70% of their overall capital expenditure on salaries, so to me there is a lot of inefficiency today that technology can have a huge impact on. Technology is drastically changing the HR industry, much the way it did in the past with the CRM industry.

Ten years ago, Cornerstone was focused on delivering online learning and training via virtual and online classrooms.  Today, Cornerstone helps organizations do everything from recruiting and sourcing the best talent, to training and developing employees and partners, to managing the performance of individuals and teams.

What we are now seeing is that the market is shifting once again. There’s so much embedded data in companies that they are not leveraging to get smarter – why are high performers, high performers, how do you know you’re finding your best candidates, and what types of training programs are affecting sales? I think the evolution happening right now is moving from process based to more intelligence based HR decision making.

Adam: So what does the future of the HR function look like, in your view?

Jason: There are a couple of areas… I think collaboration is definitely having an impact on HR right now and so are social technologies. The ability to stay current, and break down the barriers to figure out where the knowledge is, who has the skills and who has the expertise, is changing the way organizational structures are made. It’s really flattening out organizations, and I think this evolution is still in its early adopter phase. At this point, online collaboration and social-media based collaboration are changing the game.

When you look at all of the data that companies have about their employees, they haven’t even touched 1/10th of it. Linkedin knows more about its members than their own companies do. Companies know their employees on an individual level. For example, Jane got a 3.8 on her performance review but companies do not necessarily know at the aggregate level, what makes Jane a good performer, or what makes certain people high performers.

I think Big Data will have an impact too, as there is now so much data to sift through.

Adam: This brings to mind a project that I worked on last year, developing a just in time curriculum model for education institutions. Do you see things becoming more “just-in-time?”

Jason: Yes. Embedded contextual information is becoming more important. We just launched Cornerstone for Salesforce, delivering sales training and enablement from within the Salesforce platform to enable faster time to sales efficiency. For example, if a user changes a status or record type, it triggers a learning event [also known as an object] and the user has an option of educating himself or herself from an online tutorial about a competitor or the latest and greatest new product.

Adam: Now that you’re in a marketing role, is the job as glamorous as it looks from the outside?

Jason: I have dabbled in some marketing roles in the past, but now I am overseeing all aspects of marketing. Marketing is very different than it was even eighteen months ago. By leveraging technology, it’s fascinating how marketing has changed. We are leveraging a lot of new technology and we are now fully embracing marketing automation. We’ve been using marketing automation tools in the past, but there’s just so much more you can be doing with them today.

Most people use marketing automation tools to just do email campaigns or email communications. Now I see over the last two years things like nurturing and scoring have become very important to not only consumer organizations, but enterprise B2B organizations as well. So, essentially you can track how educated a certain prospect is before you even put a salesperson in contact with them to make a sale. Now, I spend a lot of time making sure that the client is smart or educated about what we do, know our brand, that they want to associate themselves with us, and that we are doing all the heavy lifting by the time it is in the salesperson’s hand. Sales should not be focused on educating or getting potential customers brand aware, they are focused on differentiating and really delivering the highest value proposition at the highest price point they can attain. So I think marketing has definitely shifted, in three key areas:

1)   Demand generation/automation. There is so much capability in this area now, from social media to tracking tools, to following prospects and understanding their behaviors, to making sure you are front and center to where prospects are going on the internet. It is really an interesting area to be concentrating on right now.

2)   Brand awareness and brand building are becoming more important every day. A lot of cloud companies that are five to ten years old are deploying more of their marketing expenditures on brand awareness than anywhere else. If you look at companies like Box or Workday for example, I heard Box is spending upwards of 70-80% of their marketing budget on brand awareness. By getting the brand out and matching their leadership position in technology and innovation, the funneling effect of that becomes very easy. Focusing on brand building is so important, because a brand has so many touch points to an organization.

3)   Social media is definitely impacting a lot of things about the way people market today, both inbound and outbound. Meaning that you can leverage social media to increase targeting, so if you know that a potential prospect comes to a product page and “Likes” it on Facebook, you can reinforce that message through sponsored ads or different types of branding advertisements that you can do on social media sites. A lot of that is really focused on just getting that brand awareness, but in effect you also control your messaging and positioning.

Adam: What are your core challenges on a daily basis?  What are the opportunities?

Jason: For us in particular, it’s really around the state of our marketplace. Our market today is about a $5 billion market opportunity and the leaders have still single digit market share, which tells us that there’s still plenty of green-field market opportunities … so there is a lot of room to grow. Our focus is getting our brand and message out into the marketplace.

There are still a lot of people that use Microsoft based tools to do talent management, so for us it’s about getting them convinced on why they should be interested in using a tool like Cornerstone. This gets accomplished through traditional ways as well as electronic media. Our goal is to maintain a constant flow of information in the marketplace. We still do press releases, but we increasingly use social media. Social media is a huge channel and is huge emphasis for us. Social media to us is not necessarily about winning clients overnight, but building brand awareness and you can do that very cost effectively. For example, we’ve got 26,000 likes on Facebook, and it does not cost us anything to be able to promote things that we want there. We also create sponsored ads/posts as a relatively cost-efficient way to get our brand and message out there. Those are some things that we are doing on a daily basis to build out our market and make sure that people know the value associated with our brand.

The heavy lifting today is around how to differentiate. I mean, you see this across all technology markets – it’s hard to differentiate today. All technology vendors have really focused on is talking about things like cloud, social, mobile, and analytics. You would not think that it is so hard for us to differentiate that message, but what you need to do is elevate that message so we look different from everyone saying the same thing. So how we elevate it is by focusing on what the impact of those things are, for example: why should we care about cloud, why does mobility matter, why does analytics matter? A lot of our work is focused on elevating that message.

Companies like Salesforce are great examples. We figure out how knowledgeable a company is about our products/services, and track the company via a scoring system. For example, our sales people approach our prospects very differently based on their level of education rendered in our scoring tools.  We do this through marketing tools like Marketo.

Adam: How would you say the marketing role is changing in today’s environment?  What’s different?  Is it really all about Twitter and LinkedIn these days?

Jason: It’s not all about social media, it’s about everything we do being very integrated. You can’t just use social media to say that we use social media. Having a social media presence is not enough; it has to be integrated into everything else that you do. I think that the difference for me from 18 months ago is that marketing departments worked fairly siloed, and this is actually very similar to a lot of other functions. Look at HR, HR is fairly siloed – you’ve got recruiting, you’ve got learning, you’ve got training, and you’ve got benefits. What we are starting to see in HR today is heads of talent starting to oversee all of that, and I would say the whole role of the CMO is starting to shift in that direction as well. It’s not just around sales operations and its not just around lead generation, it’s about a more integrated marketing approach. From making sure that you’re getting the right return on investment to making sure your cost per lead is shrinking.

You need to constantly integrate everything that you do. An example for us is that we do events all the time. To build an effective event, there should be a lot of upfront work – that you know who’s in the event, you can communicate with them in advance, you can prearrange meetings, and you can educate them before the event. After they attend the event, you can also find out if they received a demo, did a salesperson engage with them or not, did they see the product, etc. It’s a very simplistic example, but integrated marketing is where things are shifting. It is about leveraging tools, and we leverage our core tools (Salesforce and Marketo) that build the foundation for us to be able to do a lot of our integrated marketing efforts.

Adam: After having been an analyst, what do you see as the future for HfS, from the marketing side of the fence?

Jason: I think the differentiation for HfS is just being able to be more opinionated and being able to have a point of view. A lot of smaller boutiques that we see are so vendor coin-operated that they won’t take a position because they are afraid to offend a vendor and have their contract pulled as a result. For us, I’d love to see HfS as much more opinionated, even if its critical of our own company. I know marketers freak out about that stuff, but I would rather it be out in the public than behind the scenes so you can manage it.

Adam: Finally, if HfS gave you $10 million to spend on anything you like, how would you spend it?

Jason: Cornerstone was built in a very bootstrapped way, so we did not spend a lot of money in the early days.  Our focus was more grassroots and enabling our salesforce to compete effectively.  In today’s world, you will likely always be competing for viewship with companies that have more money and resources. For us, it’s less about the dollars and more about having more precision in what we do.

I also think about getting people to know us by building brand awareness in a non-traditional way. One example is putting up billboards. There’s an interesting model around billboards building brands in local markets. We did a billboard campaign and found it to be very effective to our home market of Los Angeles, so I think there’s a lot you can do today to gain brand awareness that doesn’t always have to be online and still carries a punch.

Jason Corsello is Vice President of Corporate Development and Strategy for Cornerstone OnDemand. In this role, Corsello is responsible for identifying key market opportunities, driving corporate initiatives and guiding M&A, as well as supporting product strategy and service innovation.  You can read his full bio here and contact him directly here

Posted in : Cloud Computing, CRM and Marketing, HfSResearch.com Homepage, HR Outsourcing, HR Strategy, SaaS, PaaS, IaaS and BPaaS, Social Networking

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So… are these the world’s best outsourcing advisors?

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The IAOP has announced its 2013 “best outsourcing advisors”, and kudos to my former employer, Deloitte, for coming top.  Credit has to go out to Peter Lowes and his Outsourcing Advisory Services group for their achievement.  In addition, KPMG’s Shared Services and Advisory Group, led by Cliff Justice, finished in second place – a strong showing and justification of their 2011 acquisition of EquaTerra.

Click to Enlarge

The biggest surprises, however, are the absences of ISG (formerly TPI), the largest transaction advisor of outsourcing contracts, and PwC, one of the leading management consulting firms actively operating in the sourcing industry.  I asked both firms how they had managed to miss the “Top 20” and they simply responded that they had declined to participate.

In addition, I am still trying to figure out how a firm can call itself “Elix-IRR” (and who, exactly, is Elix-IRR?).  Am also curious how Avasant can finish third – they seem like nice guys, but are they really ahead of the likes of Alsbridge and E&Y?

And why does the rest of the list seem to be made up largely of law firms?  Do these guys actually advise on outsourcing, or just do the legal stuff?

Oh questions, questions, questions…

Posted in : Absolutely Meaningless Comedy, Business Process Outsourcing (BPO), Confusing Outsourcing Information, IT Outsourcing / IT Services, Outsourcing Advisors

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Replay of last week’s webinar: A Tour of Robotistan Outsourcing’s Cheapest Destination

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The premise of utilizing software robots running on virtual machines has become more of a reality than you might think. As seen in the print edition of The Economist and also discussed during last week’s HfS webinar, the attraction of employing robots is on the rise and HfS Research is paying attention…

Check out the replay of our recent HfS webinar here:  view the recorded Webinar

Want access to just the slides? Here you go: blue prism webinar slides.

Posted in : Business Process Outsourcing (BPO), IT Outsourcing / IT Services, kpo-analytics

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The dreamSource files… There are too many kings of bullsh*t who still sail through these training certifications

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And over at dreamSource, where everyone needs training…

 

Posted in : Business Process Outsourcing (BPO), dreamSource 2013, Global Business Services, IT Outsourcing / IT Services, Talent in Sourcing

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The dreamSource files… Gartner only focuses on “step 1” for outsourcing. We’re all way beyond that

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And over at dreamSource, where 82% of the buyers have never completed a training class for outsourcing or shared services governance…

How could you fail to trust these gentlemen? Infosys' Vivek Sharma and Ashu Tandon

Posted in : Business Process Outsourcing (BPO), Cloud Computing, dreamSource 2013, Global Business Services, IT Outsourcing / IT Services, kpo-analytics, Procurement and Supply Chain, Sourcing Best Practises

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The dreamSource files… I can train my people to have technical skills, but I can’t give them a personality transplant

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And over at dreamSource, where 48% of the buyers have experienced strategic skills becoming more important than tactical skills for managing their outsourcing engagements, since they embarked on their initiative…

Rajesh Bhutani (Coventry Healthcare) and Debbie Polishook (Accenture)

Posted in : Business Process Outsourcing (BPO), Captives and Shared Services Strategies, Cloud Computing, dreamSource 2013, Finance and Accounting, Healthcare and Outsourcing, Sourcing Best Practises

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The dreamSource files… it’s not fair to place the change management onus onto the provider, it’s our accountability to change

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And over at dreamSource, where 72% of the buyers work in company’s where the CEO on down focus predominantly on cost…

Gianni Giacomelli (Genpact): with beerTim Madderom (Axis Capital): with redwineStephen Dubner (Freakonomics author): gesticulating

Posted in : Business Process Outsourcing (BPO), Captives and Shared Services Strategies, dreamSource 2013, Outsourcing Events, Sourcing Best Practises

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The dreamSource files… you really think, in three months, you can transform what took us 30 years to build?

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Welcome to dreamSource, where 73% of providers worry they may get fired for only delivering what was agreed in the contract…

Posted in : Business Process Outsourcing (BPO), dreamSource 2013, IT Outsourcing / IT Services, Outsourcing Events, sourcing-change

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If there’s something strange with your processes, who ya gonna call? Ghoshbusters…

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Afraid of no processes: Genpact's solution head Shantanu Ghosh

Anyone close to business services over the last decade would have crossed paths with one little guy with a huge brain:  Genpact’s Shantanu Ghosh.  While everyone is familiar with Genpact’s current CEO NV “Tiger” Tyagarajan, and retired former CEO, Pramod Bhasin, Shantanu has frequently been the guy cobbling together the internal teams and the solutions to make it all happen.

I have had many conversations with Shantanu over the years and each time I have come away inspired by someone who is so intimately involved with so many clients and issues in the process delivery industry – he really lives and breathes this stuff.

So when we had the chance to hear his inner-most thoughts on the future drection of the services business, we couldn’t resist sharing them with you…

Phil Fersht (HfS): Shantanu, you’ve been one of the brains behind Genpact’s rise to the pinnacle of the BPO industry in the last few years. Please tell us a little about your background and how you got into this business. Did you always want to be a process guy?

Shantanu Ghosh (Genpact): Thank you very much for saying that Genpact has reached some stage in the BPO business. My background is that of a functional finance expert. I spent my early years in accounting at Pricewaterhouse, then a decade with Unilever in various functional finance roles. Then I spent five years with GE, first at the business level and then at the corporate country level as the CFO. I had reached a stage in my career where I had done the whole functional side of the game, and I wanted really to drive a business. Genpact at that time was just contemplating becoming an independent commercial BPO organization, and moving to the company has provided a huge opportunity for me to come and grow the finance and accounting service line as a general manager. My belief was that in early 2005 the BPO industry was at the cusp of a breakthrough and I wanted to be part of the action. Also Genpact provided an unique opportunity for paid entrepreneur ism.

Phil: You talk a lot about performance enhancement at the enterprise process level, and it sounds very impressive. But what do you really mean, and is it something realistic to which many of today’s businesses can aspire?

Shantanu:  Phil, our fundamental belief is that that all enterprises are basically a conglomeration of different value creation processes. Source to pay, record to report and order to cash, the supply chain processes, customer acquisition, the claims process in insurance, etc.

I think the way businesses compete are on the strength of their products and the strength of their operating performance. And operating performance is a direct function of how well those end-to-end processes run. There is a lot of empirical proof on that area. I do think performance enhancement at the enterprise process level is something realistic to which businesses can aspire to. If you look at moves toward global business services for back-room processes, if you look at what people have done with manufacturing processes…clearly there is an increasing awareness, understanding and intent to drive process performance to a level where it becomes a competitive differentiator. 

Phil: The operational challenge behind finding these new thresholds of performance, about shifting the corporate mindset from one of cost to one of value, is something a lot companies claim is their biggest challenge today. How do you think clients can learn from past experiences and start to offer best practices to others?

Shantanu: The performance of different enterprises in this area varies significantly. It’s obviously far easier to focus on cost, and much tougher to focus on the other dimension of performance which is value or effectiveness.

In terms of best practices, a value-driven model needs three primary things. First, the tone must be set at the top. Value is often driven between different functional silos across the value chain, and it’s very hard to achieve that with a bottom-up traditonal budgeting approach. Second, you need to create an empowered organization that can look at driving value across end-to-end enterprise processes … As evident by the increasing trend of Global Business service groups. Many organisations have tried to do this in their existing federated, siloed organizational model, and that obviously produces muted or mixed results. Third, value creation is not one shot process, it is a long-term, multi-year journey that includes being able to understand where one’s performance is, being able to objectively compare it and benchmark it against others, being able to create a roadmap consistent with organisational constraints of money and leadership bandwidth and change appetite, and then having the tenacity to walk on that roadmap.

Phil: Can you give us some examples of failures?

Shantanu: Many of the failures are when there has been a one-dimensional view of how can I get the most efficient, both in terms of cost as well as maybe cycle time and all, without actually being clear on the desired business value or business impact.

A classic simple example on this is in the collections or order to cash area. If you only optimize on the dimension of cost, you will try to  maximum the number of accounts one particular agent can call in a given time frame and the minimise the time needed on each call.  Whereas, if you optimize on the option of value, then suddenly you will think about what kind of analytics and technology you can use to try and figure out who to call, when to call, how you take the analytics upstream to ensure you are not on-boarding customers with credit limits issues, or fixing the billing process to eliminate the need for a lot of calls etc. It completely changes the game of how much outstanding debt you have, or how much you have to write off in bad debts and those benefits are order of magnitude higher than just cost. The second most common reason for failure is to underestimate the change management issues… Organisational habits are tough to break and all standardisation and optimisation initially looks like an impediment to flexibility and reduced control for frontline and operating people in the businesses.

Phil: Our research shows that change management is topping enterprises’ agenda in 2013. Why do you think this is? Why do you think so many want to change, but they struggling to put together programs to help themselves? What works or doesn’t work for clients, when we get into these change issues?

Shantanu: I’ll tackle these very interesting questions at two levels, First, why change management tops companies’ agendas today is that they are more looking to drive value rather than only plain vanilla cost reduction. And driving value means cutting through traditional company hierarchies, cutting though traditional organizational models of functional silos. That’s a big change. That’s not the way people are used to working. So the first fundamental barrier to making change happen is the fact that it goes against how people have worked for many years, many decades. The second piece is that driving change requires a burning platform. Many failures we’ve seen are due to the fact that the organization and the leadership team have not been able to either acknowledge or articulate a burning platform for the troops to rally around. Change is always painful. Change means you have to learn new things, you have to do things differently, you have to let go of people, you have to change your ways of working…none of it is easy. And for people to go through that process, you need to believe in something bigger, something better; you need to have a vision that fires you up.

Phil: So… what’s next for Genpact? You’ve made the Winners Circle now – you are one of the big, glitzy, top-tier providers in this space. Are you ready to declare victory and rest on your laurels, or are we going to witness a whole new impetus and focus on where your firm wants to go next?

Shantanu: Phil, we believe that we are just at the start of our journey. We are a small company, just about $2 billion in revenue. We’ve been in the commercial space for less than a decade. We’re in a market and in an industry that is hugely under-penetrated. We have a fundamental belief that this industry will double, triple, quadruple in size over the next few years. We feel very privileged to have had some role in defining the way the industry works, and that we can continue to drive that definition.

Demonstrating flawless execution

There are two aspects we feel very deeply about. One is helping our clients succeed by competing through smarter processes. So, everything we do is focused on how our customers create competitive advantage through the power of their operating model in the marketplace. The second thing we believe is that the market and the industry have really started shifting fundamentally from a pure cost equation to a cost plus value equation. It would be naive to think that the shift has happened significantly. But there is enough evidence for us to be very encouraged that the shift is happening and it’s really one way…it’s not going to change. And we believe we are uniquely positioned to both drive and benefit from that particular shift.

Phil:  So the final question… you are awarded $10 million. What will you be doing in six months time?

Shantanu:  Well, I’ve had a fabulous eight years in Genpact, but it’s been very busy, so if you give me $10 million, I’ll possibly be on a very expensive long holiday. But seriously…if I had $10 million to invest, there are so many areas of competency that we could invest in to benefit our business and customers. Whether it’s in the Analytics  space, or in the regulatory compliance space, given the changes that are happening or twenty other such interesting areas;  if I had $10m to experiment with,  I would put that  into our new products innovation funding in a couple of those areas.

Phil:  Hmmmm…. good answer 🙂  Thanks for your time today with our readers, Shantanu.  It’s been quite a journey for both you and Genpact and we’ll love to hear more from you further down the road.

Shantanu Ghost (pictured) is Senior Vice President and Global Head, Enterprise Services, Solutions, Transitions and Lean Six Sigma.  You can view his full bio here.

Posted in : Business Process Outsourcing (BPO), Finance and Accounting, Global Business Services, HfSResearch.com Homepage, HR Strategy, Outsourcing Heros, Sourcing Best Practises, sourcing-change, Talent in Sourcing

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So if the rockstars have gone, what’s left in the analyst industry?

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SVP and Research Fellow, Customer Satisfaction

As we revealed last week, most of the big analyst personalities have seemingly fled the analyst industry…  many for the riches on offer from their vendor clients, clearly seeing more ROI from employing them, as opposed to purchasing their firm’s services. However, this hasn’t prevented the remaining legacy purveyors of analyst services from making a living.

So what’s left in these firms after the rock stars have left the building?  Let’s examine the cast of characters that many of us frequently have the good fortune to meet in briefings, conferences, airport lounges, hotel bars, psych wards etc.

Mick Jagger Analysts:

Not all the rock stars fled… some stayed well past their sell-by-dates, clearly not mentally prepared for a foray into the real world.  They still drift around analyst firms, making occasional appearances in executive briefing sessions (or sometimes just walking out of them halfway through).  Their research productivity is usually about one thought-piece a year, which is usually miles from reality, but everyone tells them their piece was amazingly thought-provoking, having read the first paragraph.

They still show up at the odd vendor analyst conference, where they tend to knock back too much scotch on the  first night and spend the next morning sleeping it off in their hotel room before making a token appearance at the one-on-one briefing in the afternoon.

The High Performer Analyst:

A “High Performer” these days is pretty much an analyst who does what he/she is paid to do and actually has some reasonable research to share with the world.  They spend a good deal of time conversing with both buyers and vendors and actually cobbling together some genuine research for all to read.  Sadly, their wares are normally wedged miles behind some firewall somewhere where noone can find it, even when they’ve paid for it.  What’s more, the months it takes to get their research past their internal red tape and editorial teams drives them crazy, and their firms are unlikely going to let them blog (and they get no credits towards their bonus for blogging, in any case, so why do it?).  Motivation quickly slips away and their CVs normally slip onto the market after a couple of years.

The Egomaniac Analyst:

Analysts who got their egos stroked and loved it so much, they realized they needed them stroked… every minute of every day. Writing one good piece a quarter wasn’t enough to slake their thirst for praise, so they attempt to hop on every hot area they can and put our some fluffy piece of prose to get attention.  Their focus on quality quickly wanes, as having their name in lights, in as many places as possible, trumps all else.  After trampling on all their colleagues’ areas and sucking up all their manager’s time in the process, they eventually get booted out and apply for any analyst job they can, as they do not have the real confidence to go it alone.  Usually, some analyst firm will pick them up and go through the whole egomaniacal process with them… all over again.

The Spin Doctor Analyst:

Analysts who feel doing actual research is either beneath them, they simply feel no compulsion to do any, or they may not actually know what “doing research” is.  Instead, they get their hands on a few reports from others and cobble together their own version of the trends.  Good spin doctor analysts can do this very effectively, and very convincingly, leaving the world to believe they grafted long and hard to create this vision, when all they did was spin the ideas and views of others.  They frequently offer to “collaborate” with other analysts on reports to create the impression they do some actual research, but in reality just want to slap their name on the report for showing up at a couple of meetings.

Sadly, the average spin doctor doesn’t get away with it for too long (there have been several embarrassing examples of analysts plagiarizing over the years), but many of the good ones build a nice career doing it.  Usually they get promoted into practice lead areas, so others can actually do the real work, while the spin doctor can spin their stuff all day long…

The “Annoying and complex Questions” Analyst:

Yes, every conference is never complete without the analyst who just has to chime in with some annoying questions.  Frequently, some will start asking a question, but forget the original intent of why they are asking the question, proceeding to drone on for a couple of minutes spouting their views on something that sounds complex and undecipherable to the rest of the audience.  Others will launch into some direct questions to probe at the weaknesses of the presenter’s content, which they really should do in private, instead of trying to embarrass the presenter.

These analysts tend to attend every single conference and vendor event imaginable, with the hope that, one day, they will become enlightened and not have to ask a really annoyong question in front of the whole room.

The “Plodder” Analyst:

Sadly, this analyst comprises the good proportion of most analyst houses.  Simply put, the plodder isn’t very good, doesn’t rock the boat and drifts along checking the boxes and meeting their firm’s metrics (sound familiar?). He or she smiles politely when spoken to, produce average-to-mediocre research and isn’t going anywhere anytime soon – they simply aren’t very good.  They get left largely alone to plod along and keep the machine cranking along.

The “Why on earth are they still Employed” Analyst:

Yes, there’s always a few lurking around.  Analysts who are so bad everyone keeps out of their way.  They tend to cover boring areas noone cares about and get wheeled out for the occasional client meeting when their area need a “face” tied to it.  Their goal in life is to be as invisible as possible and eke out a cosy living until the eventual day they get that call from HR…

The “Drive-by Consultant” Analyst:

Analysts who come from the buy-side and proceed to spend every day talking about “what is was like when they were a CIO” etc. They do not see the need to do any actual research, but will put out a few flashy pieces on the good ol’ days and the incredible best practices they initiated.  Typically, the “Drive-by Consultant” Analyst can pull off this game for about three years, whereupon everyone has become tired of the same anecdotes being rolled out.  These analysts tend to sneak back to the buy-side at this point, chalking up their three wonderful years of being an “analyst” before re-entering the real world again.

The “Vendor Marketing” Analyst”

Analysts who come from the vendor side, with intimate knowledge how vendor marketers work.  They get obsessed with showing up at vendor briefings and writing up little blogs and briefs on what they thought of the occasion.  They do all the things to press the buttons of the vendors… little tweets of praise from their events and announcements, blogs (if allowed) of the vendor’s next groundbreaking industry maneuver, and profiles of their favorites.  These analysts typically go through a one-to-two year honeymoon of vendor-schmoozing, but quickly get bored of the same dog-and-pony show and start interviewing for their next salary-doubling move… back to the dark side.

The “Screw this, I can do this better Myself” Analyst

Analysts who are typically some hybrid of many of the above, who decide they can walk off into the sunset and set up their own little shop.  Some just declare they are a one analyst show, while others put up a facade that they actually have an analyst team.  A few do actually have analyst teams, but still can’t resist writing the odd cheeky blog about the analyst industry 🙂

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