Creating Thought Leadership through Content and Community
MetricStream Inc. Case Study
Gaurav Kapoor, CFO & GM Metricstream Inc.
Apr 24, 2009
Year 2005 – One of Too Many
Compliance and Quality
Software company
Solutions for Quality and Compliance
Business model
Enterprise Software
Market Presence
Mid Size Leaders in the market - Sox, HIPAA, FDA providers
200 vendors jostling for space
Analysts unaware of company
8
Year 2008 – Market Leader
Governance, Risk and Compliance Specialists
Patented ComplianceOnline.com portal
Regulatory and Risk Management Platform
Industry-leading
Manage governance, risk and compliance issues across the enterprise
Business model
Enterprise Software
Ondemand
E Learning Transactions
Market Leadership
Forrester Wave 2008 ‘Leader’,
Gartner Magic Quadrant Leader 2008 and Cool Vendor 2008
Red Herring 100, Deloitte Fast 50
Corporate Information
80% annual growth and profitable
Backed by Kleiner Perkins (Amazon,Google, Genentech, Sun, Cisco..)
9
Sample Customers
Magic Quadrant for Enterprise Governance, Risk &
Compliance Platforms
5 Point Plan to Thought Leadership
1. Look LARGER than you are
2. Value Domain Knowledge more than Functional Knowledge
3. Seek knowledge assets outside the company – not just within
4. Become a value provider in the larger ecosystem
5. Never stop innovating
1. Look Larger than you are
Website Content
Scale, Scale, Scale (quality and quantity)
Executives part of Global/National/State Forums
Chairman part of Global Energy Consortium
CEO leading delegation to Senate around Healthcare, Education
CFO works closely with NASDAQ/PCAOB/CROs of global organizations
Engage with the Prospect as a peer – not as a ‘vendor’
Press Coverage
2. Value Domain Knowledge More than Functional
Knowledge
Hiring ‘Domain experts’ in Sales/Marketing/Services/Support
VP Sales – ex COO in a $10Bn company
GM – ex Citigroup Executive
Stay Ahead of the market
Created a Map of all Risk and Compliance roles
Behave like you were your prospect’s trusted advisor
Research, Study, have stories
3. Seek Knowledge Assets Outside the Company
Participate
Make the community your friend
Facilitate
Create your own community
Monetize or Motivate
Incentivize the community
ComplianceOnline Ecosystem
Applications Lightweight
Apps for
SMEs and
Community individuals
Best Practices, Training
Checklists
Standards
Premium
Content Discussion,
Forums by
Role&
Content Industry
And Search
Regulations,
Discussions,
Blogs
Experts Train
News, Feeds
Professionals
1000 Topics
4. Become a Value Provider in the Larger Ecosystem
Extend your value chain beyond your product offering
Follow a lifecycle approach with the prospect
Find ways to monetize while being patient
Life Cycle of a GRC Buyer
Enterprise Wide
Governance Risk and
Compliance
Siloed point solutions
ComplianceOnline.com
to manage functional
Or departmental
$750-$3M
GRC
Lightweight
Applications to
Manage GRC $100-$250K
processes
Training &
Certification
$ 10,000 per year
Awareness &
$ 250 - $ 1,000 per txn
Education about GRC Primary Business
25
5. Never Stop Innovating
Innovate for your customers
Leaders want to work with leaders
Innovate in products/business model/distribution
Analysts can see it
Partners can see it
Customers can see it
5 Point Plan to Thought Leadership
1. Look LARGER than you are
2. Value Domain Knowledge more than Functional Knowledge
3. Seek knowledge assets outside the company – not just within
4. Become a value provider in the larger ecosystem
5. Never stop innovating
Creating Thought Leadership
gaurav@metricstream.com
Transform your company from a seller to a trusted a more
Transform your company from a seller to a trusted advisor by leveraging thought-leadership. Many organizations today invest in thought-leadership without thinking through an overall strategy. Often, investments are directed either on white-papers, press releases, flash demos, social media or analyst coverage without much thought given to it. Attend our webinar, where our speaker shares his experience on how a young, agile VC-backed startup operating in B2B space created and implemented a well thought out plan to differentiate itself in a market dominated by players like SAP and Oracle. By leveraging social media to reach out to the early stage customers, at the same time actively building analyst relations, the company was able to stand out of the crowd, differentiate itself and create value for the user.
TOPICS INCLUDE
• How to position your organization into a trusted advisor • Talk more about the problem without selling your product • Real life cast-studies of successful content strategy implementation • Mapping content to user goals, business objectives and key priorities less
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