Thought leadership is defined as promoting thought-provoking viewpoints that help stakeholders rethink key issues and find new insights and solutions. The document discusses Mignon van Halderen's Thought Leadership Framework, which provides a process for organizations to pursue thought leadership grounded in novelty and trust. It involves analyzing trends to identify opportunities for a Novel Point of View, openly sharing knowledge to articulate this viewpoint, and acting consistently with the viewpoint to build trust. Examples are provided of how companies like IBM, Dove, BP, and Philips have applied or struggled with this framework. Key takeaways emphasize that thought leaders must commit to their viewpoints through both words and actions to be successful over the long term.