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	<title>Richard Stacy</title>
	
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		<title>The Curve of Common Sense</title>
		<link>http://rstacy.wordpress.com/2007/06/27/the-curve-of-common-sense/</link>
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		<pubDate>Wed, 27 Jun 2007 20:26:35 +0000</pubDate>
		<dc:creator>richardstacy</dc:creator>
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		<guid isPermaLink="false">http://rstacy.wordpress.com/2007/06/27/the-curve-of-common-sense/</guid>
		<description><![CDATA[Note: This was first published on my other blog on June 8, 2007 and also in Social Computing Magazine. The role of mediation is a biggy in social media. If, as seems likely, the influence of the traditional media is going to decline in the face of huge growth in citizen media or consumer generated [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rstacy.wordpress.com&amp;blog=1273214&amp;post=7&amp;subd=rstacy&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal">Note: This was first published on my <a href="http://richardstacy.wordpress.com/2007/06/08/the-curve-of-common-sense/">other blog</a> on June 8, 2007 and also in <a href="http://www.socialcomputingmagazine.com/viewcolumn.cfm?colid=372">Social Computing Magazine</a>.</p>
<p class="MsoNormal">The role of mediation is a biggy in social media.<span>  </span>If, as seems likely, the influence of the traditional media is going to decline in the face of <span> </span>huge growth in citizen media or consumer generated content , who is going to perform the role of guardian, gatekeeper, arbiter of standards and quality – and all the other things most traditional media players like to think it is they do?<span>  </span>Is there a risk that everything will slip to the level of the lowest common denominator – not so much the wisdom of crowds, but the stupidity of the herd?<span id="more-7"></span><span></span></p>
<p class="MsoNormal">In thinking about this, my mind turned to a dimly remembered concept from days of enforced study of statistics – that of the normal distribution curve.<span>  </span>Now as I understand it, the normal distribution curve charts the level of variance in something and there is a natural tendency for this curve to be the same sort of shape for most things – a classic bell shape.<span>  </span>Presumably the rule of normal distribution will apply to variance in things like ideas and opinions and the only condition for this to apply and be useful is for there to be sufficient numbers involved to make the whole thing representative and a level of visibility – i.e. an ability to see where on the curve something sits.</p>
<p class="MsoNormal">If we assume that an idea, a concept, story or opinion has a variance within it which follows a normal distribution and if we plug in the basic theory that lies behind the concept of the <a href="http://en.wikipedia.org/wiki/Wisdom_of_crowds">Wisdom of Crowds</a> it seems we can be assured that the opinion that sits + or – 5 per cent either side of the norm will actually represent a far more objective, balanced and comprehensive view than that to be found in the Daily Mail, on Fox TV or, dare I say it – even in the Guardian.<span>  </span>We could in fact call the normal distribution curve as it applies to discourse within social media as the Curve of Common Sense.<span>  </span></p>
<p class="MsoNormal">For this to work practically – we have to be able to see where on the curve a bit of information sits.<span>  </span>Now it seems to me that much of the <a href="http://en.wikipedia.org/wiki/Folksonomy">folksonomy</a> type processes inherent in social media – tagging, rating, commenting as well as the evolving forms of social search and aggregation – are all working to both assign something a position on the curve and make this position visible.<span>  </span></p>
<p class="MsoNormal">In short the Wisdom of Crowds + the processes of folksonomy = the Curve of Common Sense</p>
<p class="MsoNormal">Now we probably haven’t quite got there yet in terms of visibility, but given the direction we are heading in we can have some confidence that social media has within it an inbuilt tendency to become both self-mediating and mediated to better standards than that which we get from the traditional media.<span>  </span>Perhaps this is also another take on the whole issue of trust shifting from being vested in institutions to being vested in process.</p>
<p class="MsoNormal">So we can all sleep easy in our beds (except old school journo types who refuse to believe that collective intelligence can be better than (their) individual perspective). Alternatively this could all be a load of <a href="http://en.wikipedia.org/wiki/Codswallop">codswallop</a> from a social media <a href="http://en.wikipedia.org/wiki/Neophyte">neophyte</a> who failed any statistics test he ever took.  Comments welcome.</p>
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		<title>PR is dead</title>
		<link>http://rstacy.wordpress.com/2007/06/27/pr-is-dead/</link>
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		<pubDate>Wed, 27 Jun 2007 20:12:08 +0000</pubDate>
		<dc:creator>richardstacy</dc:creator>
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		<guid isPermaLink="false">http://rstacy.wordpress.com/2007/06/27/pr-is-dead/</guid>
		<description><![CDATA[&#160; I have written this as a follow-on / adjunct to the piece I wrote on the future of advertising – and also as a build to this article by Dan Greenfield. I have decided to call it PR is dead shamelessly following the link-baiting success of a piece also posted today called Microsoft is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rstacy.wordpress.com&amp;blog=1273214&amp;post=6&amp;subd=rstacy&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p class="snap_preview">&nbsp;</p>
<p class="MsoNormal">I have written this as a follow-on / adjunct to the piece I wrote on the <a href="http://richardstacy.wordpress.com/2007/03/27/the-future-of-advertising/">future of advertising</a> – and also as a build to this article by <a href="http://bernaisesource.blog.com/1656555/">Dan Greenfield</a>.<span>  </span>I have decided to call it PR is dead shamelessly following the <a href="http://en.wikipedia.org/wiki/Link_bait">link-baiting</a> success of a piece also posted today called Microsoft is Dead.</p>
<p class="MsoNormal">My view would be that PR doesn’t have a future collectively speaking.<span>  </span>Defining PR has always been difficult, and there is no other communications discipline which encompasses such a wide range of specialisms.<span>  </span>There is a tenuous glue which holds the bits of PR together, which is either the fact that it isn’t advertising, or the fact that it operates primarily in non-owned or controlled channels.<span>    </span>This isn’t strong glue – especially since operating in a non-owned channel is now where everyone is headed.<span id="more-6"></span></p>
<p class="MsoNormal">There are three forces conspiring to dissolve PR.<span>  </span>The first is the subject that <span> </span>increasingly comes up whenever PR people are gathered together – eloquently expressed in this piece by <a href="http://www.bulldogreporter.com/dailydog/issues/1_1/dailydog_barks_bites/6777-1.html">Matt Shaw</a> – but which could be summarised as the statement that “everyone is a PR agency now”.<span>  </span>The advertising agencies and especially the media agencies are now colonising our patch.<span>  </span>But before we develop too sharp a sense of outrage at this fact, it is worth remembering that PR people have no automatic rights of ownership here – you could easily say that the only reason we have ended-up on this patch is because no one else has seen it as desirable real estate.<span></span></p>
<p class="MsoNormal">Both advertising agencies and media agencies are currently limited in their ability to “do” PR.<span>  </span>In short, ad agencies don’t really get it yet and are still chained to expensive creative dinosaurs and media agencies don’t know how to create their own ideas, they just know how to sponsor other peoples’ ideas.<span>  </span>But, especially in consumer brand areas, they command the heights through their share of budget / client attention and superior measurement metrics.<span>  </span>They will learn how to do pull, rather push, communications, very quickly. (Or to be more precise &#8211; how to do “Up” rather than “Out” type of communications, accepting the consumers are in control of what information they pull “Down”).</p>
<p class="MsoNormal">Once everyone is on the PR patch, you could say that is a good thing &#8211; a victory for PR.<span>  </span>To paraphrase the words of Lou Capozzi, the zero will have been stuck on the PR budget, but will it still actually be a PR budget and will PR still be seen as a separate discipline?<span>  </span>And will the people currently in control of the PR budget now be in control of this larger one?<span>  </span>Probably not in my view.</p>
<p class="MsoNormal">The second – which hasn’t been debated enough, in my opinion – concerns the role for PR in a world of transparency.<span>  </span>Like it or not, PR has always been about creating and operating in a zone that sits between the messy reality of a brand or business and its perception by its audiences.<span>  </span>That isn’t to say it is about spin, manipulation or deception (although it often is) – but more about stage management, direction and presentation.<span>  </span>The issue now is that this space is being squeezed and the barricade that PR constructed to protect image and reputation is being stormed.<span>  </span>The Public is not going to need or tolerate the presence of intermediaries to manage their Relations with brands and businesses.<span>  </span>At this point I will have no truck with anyone who says good PR is always about being open, honest and transparent and there is no role for spin and “the dark arts” of PR.<span>  </span>There is a world of difference between facts and objective realities – and the presentation and perception of those facts and realities.<span>  </span>And this isn’t the world of lying – but it is the world of PR.<span>  </span>Anyone who denies this is the case either has their head in the sand, up somewhere else where the sun don’t shine or hasn’t been in the PR business for any length of time.<span></span></p>
<p class="MsoNormal">My view is that as this space disappears, PR will be more about shaping how companies respond to incoming communications and manage upwards content feeds.<span>  </span>But whether this will really still be PR and best managed by the people formerly known as PRs will be anyone’s guess.<span></span></p>
<p class="MsoNormal">The third force which is dissolving PR is the issue I referred to in my piece on the <a href="http://richardstacy.wordpress.com/2007/03/27/the-future-of-advertising/">future of advertising</a> – namely the fact that the whole market will re-align around specialists and aggregators.<span>  </span>Some PR agencies may evolve into aggregators – they have a better chance of doing it that most ad agencies &#8211; but for the rest, PR will fall apart into the collection of specialisms it really is and be on the rail along with a whole range of other specialisms (including advertising).<span></span></p>
<p>So the death of PR as a discipline is both good and bad news for those people in it.<span>  </span>The skills PR people have will be in increasing demand, but the houses we currently live in will be knocked down and we will have to find new places to live.<br />
<span class="technoratitag">Technorati Tags: <a href="http://www.technorati.com/tags/PR" rel="tag">PR</a>, <a href="http://www.technorati.com/tags/future" rel="tag">future</a>, <a href="http://www.technorati.com/tags/Richard+Stacy" rel="tag">Richard+Stacy</a></span></p>
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		<title>The future of advertising</title>
		<link>http://rstacy.wordpress.com/2007/06/27/the-future-of-advertising/</link>
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		<pubDate>Wed, 27 Jun 2007 20:07:45 +0000</pubDate>
		<dc:creator>richardstacy</dc:creator>
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		<description><![CDATA[There seems to be a lot of conversation about the future of advertising going on at the moment. See Pete Blackshaws’ post of yesterday, the rather lengthy Bob Garfield article in Advertising Age Pete refers to – and also the consistently stimulating Hugh Macleod. Here’s my take. The 30 second ad has a healthy future [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rstacy.wordpress.com&amp;blog=1273214&amp;post=5&amp;subd=rstacy&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal"><span style="font-family:Tahoma;">There seems to be a lot of conversation about the future of advertising going on at the moment.<span>  </span>See <a href="http://notetaker.typepad.com/cgm/2007/03/the_chaos_conti.html">Pete Blackshaws’ post</a> of yesterday, the rather lengthy <a href="http://adage.com/print?article_id=115712">Bob Garfield article</a> in Advertising Age Pete refers to – and also the consistently stimulating <a href="http://www.gapingvoid.com/Moveable_Type/archives/003823.html">Hugh Macleod</a>.</span></p>
<p class="MsoNormal"><span style="font-family:Tahoma;"> </span></p>
<p class="MsoNormal"><span style="font-family:Tahoma;">Here’s my take.<span>  </span>The 30 second ad has a healthy future – but not the sort of 30 second ads upon which the ad business is currently based.<span>  </span>In the future there will be small specialist agencies which will knock out 30 or 60 second visual stuff for placement in paid-for channels for a fraction of the price traditional ad agencies currently charge.<span>  </span>They will be able to make a living out of this because they won’t have the vast bloated infrastructure of planning, account management and hugely paid creatives to support.<span>  </span>The content they produce won’t be “creative” in Cannes award-winning sort of sense.<span>  </span>It will be basic, good old-fashioned, product benefit, information and price focused stuff.<span>  </span>It won’t struggle (and fail) to carry an entire brand narrative in the way that most of current advertising is struggling (and failing) to do.<span>  </span>The agencies that produce it will just be one segment of a whole swath of specialist content creators out there.</span><span id="more-5"></span></p>
<p class="MsoNormal"><span style="font-family:Tahoma;"> </span></p>
<p class="MsoNormal"><span style="font-family:Tahoma;">This doesn’t mean the end of creativity (or creatives).<span>  </span>There will still be a market for the creation of creative content – but this will be shaped around the production of floating digital content packages that are rooted in bringing alive brand stories.<span>  </span>The floating bit means that these packages are not tied into set channels or web sites – but are available for consumers to pull down and share if they wish.<span>  </span>This is the essence of (RSS) feed-based, pull communications and is the fundamental structural shift inherent in the techy side of web 2.0 (see the fantastic <a href="http://www.youtube.com/watch?v=6gmP4nk0EOE">Michael Wesch video</a>).</span></p>
<p class="MsoNormal"><span style="font-family:Tahoma;"> </span></p>
<p class="MsoNormal"><span style="font-family:Tahoma;">The thing this content brings alive will be brand stories.<span>  </span>Brand stories are absolutely not brand propositions.<span>  </span>They are much broader, more credible and more relevant than brand propositions – most of which will be exposed as utter nonsense, designed to create spurious differentiation and the illusion of choice.<span>  </span>Here’s the rub.<span>  </span>We will find that in many categories the range of available, credible stories, is significantly less that the number of brands.<span>  </span>In some categories there may only be one available story.<span>  </span>Ouch!<span>  </span>If a brand therefore hasn’t staked-out its territory and got itself a functioning, credible, authentic brand story within the next three years – it probably won’t exist in 10 years.<span>  </span></span></p>
<p class="MsoNormal"><span style="font-family:Tahoma;"> </span></p>
<p class="MsoNormal"><span style="font-family:Tahoma;">Sitting in-between clients and the creative specialists will be creative aggregators.<span>  </span>These will be the closest thing to what we currently call an advertising agency.<span>  </span>Their job will be to bring alive brand stories, and be the originators and creative stewards of ideas on behalf of clients.<span>  </span>Ideas, networks and communities will be their currency – rather than ads, PR, DM or promotions.<span>  </span>They won’t produce one-off advertising or PR campaigns <span> </span>but will be more in the business of 24/7 content creation and management.<span>  </span>Neither will they own the means of creative delivery – they will contract this out to the specialists.<span>  </span>Implicit in the production of effective content will be the ability to be tuned-in to the various consumer or citizen networks which will ultimately determine how (or if) the content is distributed.<span>  </span>Media planning will be dead, because the distribution network will be self-selecting – consumers will be self-planning!<span>  </span>Will existing agencies manage to transition themselves into aggregators?<span>  </span>Some, possibly – but most will probably form from scratch from the cast-off fragments of the imploding traditional agency business.<span>  </span>If ad agencies are to achieve the transition, the first thing they will have to do is cut themselves loose from expensive and inflexible dedicated creative resource by spinning-out their creative offering in the way Saatchi spun-out media 20 years ago.<span>  </span></span></p>
<p class="MsoNormal"><span style="font-family:Tahoma;"> </span></p>
<p><span style="font-family:Tahoma;">So that’s the future of advertising – in my opinion.</span></p>
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		<title>A brand manager’s social media manifesto</title>
		<link>http://rstacy.wordpress.com/2007/06/27/a-brand-managers-social-media-manifesto/</link>
		<comments>http://rstacy.wordpress.com/2007/06/27/a-brand-managers-social-media-manifesto/#comments</comments>
		<pubDate>Wed, 27 Jun 2007 20:03:49 +0000</pubDate>
		<dc:creator>richardstacy</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://rstacy.wordpress.com/2007/06/27/a-brand-managers-social-media-manifesto/</guid>
		<description><![CDATA[Something I submitted to Hugh Macleod’s Gaping Void blog as part of his campaign to collect manifestos.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rstacy.wordpress.com&amp;blog=1273214&amp;post=4&amp;subd=rstacy&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.gapingvoid.com/Moveable_Type/archives/003484.html">Something</a> I submitted to Hugh Macleod’s Gaping Void blog as part of his campaign to collect manifestos.</p>
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		<title>The future isn’t what it used to be</title>
		<link>http://rstacy.wordpress.com/2007/06/27/the-future-isnt-what-it-used-to-be/</link>
		<comments>http://rstacy.wordpress.com/2007/06/27/the-future-isnt-what-it-used-to-be/#comments</comments>
		<pubDate>Wed, 27 Jun 2007 20:00:46 +0000</pubDate>
		<dc:creator>richardstacy</dc:creator>
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		<guid isPermaLink="false">http://rstacy.wordpress.com/2007/06/27/the-future-isnt-what-it-used-to-be/</guid>
		<description><![CDATA[The future isn’t what it used to be is a piece I have written that is an attempt to focus on the bigger picture of the world of social media. It does this by making ten semi-serious predictions of what the marketing and communications world could look like in five to ten years time. These [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rstacy.wordpress.com&amp;blog=1273214&amp;post=3&amp;subd=rstacy&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://richardstacy.files.wordpress.com/2006/09/the-future-isnt-what-it-used-to-be.pdf" id="p12">The future isn’t what it used to be</a> is a piece I have written that is an attempt to focus on the bigger picture of the world of social media. It does this by making ten semi-serious predictions of what the marketing and communications world could look like in five to ten years time.</p>
<p>These are:</p>
<ol>
<li>The price of traditional media will be cut in half within 5 years</li>
<li>The world’s leading media organisations won’t actually produce content</li>
<li>The 30 second TV ad will live</li>
<li>The rise of specialists and aggregators</li>
<li>The death of the brand proposition and the rise of the brand story</li>
<li>Marketing departments to split into story departments and conversation departments</li>
<li>The emergence of the category consumer franchise</li>
<li>The rise of the global micro-brand</li>
<li>The rise of brand watch communities</li>
<li>The emergence of Digital Identity Stress and Digital Schizophrenia as recognised medical conditions</li>
</ol>
<p>Apologies for the length of the <a href="http://richardstacy.files.wordpress.com/2006/09/the-future-isnt-what-it-used-to-be.pdf" id="p12">article</a> &#8211; I hope it stimulates some thinking.  I also promise that I will not frequently post my own work to the network!</p>
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