What's the point of analysts?…

Or rather, what’s the point of analyst organisations? This is really a question that’s been raised for me by the debate about Forrester clamping down on its analysts producing and promoting personal blogs.

Reading this excellent article about Forrester’s action underlines the dilemma for many organisations thrown up by Social Media – who becomes the ‘authentic’ voice or voices of your organisation? Is the genie out of the bottle as far as this is concerned and by trying to pull the reigns back now will organisations face criticism in the way Forrester has about being heavy-handed and effectively limiting its analysts from establishing their own personal brands.

As this pyramid from SageCircle emphasises, Analyst Relations can be quite a personal thing and it’s not so much the analyst organisation itself who you are building the relationship with but often an individual who has specific experience and knowledge of your market sector and operations. The individualism of analysts has been brought into sharp focus by Twitter. Firstly it makes analysts, and the organisations they represent, more accessible but also more transparent. In the cut and thrust of everyday debate, you get to see fallibility more easily but likewise, knowledge and expertise shine through too.

I think what we’re seeing with the Forrester move and recent consolidation in the CMS analyst space is an exposed vulnerability of analyst organisations which have, in many respects, built their operations on inherently poor knowledge flows, communications and, primarily ‘conversations’ between organisations and individuals. To a typical analyst organisation, knowledge is power and wealth, that it benefits from being a gatekeeper to.  Twitter has been blowing this apart over the last year or so by enabling like-minded and/or commonly interested people to get together online and offline far more easily and effectively to exchange knowledge and information. With technology continuing to break down boundaries and facilitate conversation perhaps it’s more the case that ‘we’re all analysts now’?

3 thoughts on “What's the point of analysts?…

  1. Good on Tim I say! I was a Forrester customer 10 years or so ago but felt they lost touch on CMS commentary, particularly beyond the borders of the US. That was until I watched Tim’s presentation in Sweden this time last year, when I warmed to Forrester again. For me, that emphasises the importance of the individual analyst as opposed to the organisation as a whole.

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