Let’s Talk Knowledge

A lot has been happening recently in the realm of Social. Major announcements from Twitter and Facebook over the past two weeks are sure to have implications beyond what we can conceive right now. The popularity of the two sites alone are growing in unheard of percentages with a combined user base of over 500 million.

One of the most interesting things that is happening as a result of this is how traffic is being directed on the web. More and more these social networking sights are actually driving traffic to major web properties. In the case of USA Today for example, social networking sites are in fact driving 6X more traffic than Google (full report from Gigya can be found here http://bit.ly/c8HLDA – free registration required).

I think this is actually a beginning of a fundamental shift in the way people discover and navigate information. Rather than relying on an empty search box to direct you, people are relying on their friends, colleagues, and other experts to guide them. This really shouldn’t be surprising. Before Google convinced us all that search was the best way to get to the information you need, we all relied on our networks much more heavily in order to gather and analyze information. If you were looking for competitive intelligence, the first thing you’d do is pick up the phone and talk to a sales rep, or a customer, or an industry analyst (not saying you CI professionals don’t still do this btw!).

But Search seemed so convenient. It was always there, and easy to use. People could be more self-reliant. In some ways, Search was an improvement. But the reality is that Search is also very inefficient. Depending on the research you look at, we see that people using web search engines fail to find what they are looking for anywhere from one-third to one-half of the time. But as the amount of information online became more and more vast, it seemed like Search was the only solution. The reality is we search because we have to, not because we want to.

Until the rise of the social networks. Easy to use and prolific, these sites are helping turn the web from a network of documents, to a platform that connects people. And a platform that not only connects people, but removes the friction involved with communication between people.

Now we are starting to see the beginning of how these social networks can be so much more than Search. Need to find something, as your network. Chances are someone you know has had the same or similar question and can guide you to their research or even analysis. Not sure what you are looking for, let your trusted network of experts tell you what is important around any given topic. This is why these sites are beginning to overtake Search when it comes to directing traffic online.

There is a lot more to discuss and understand about this topic. This post could get very lengthy if I tried to even scratch the surface. I’ll leave you with this thought though. Search will have a place for many years to come of course. However sooner rather than later, our ability to find the information we need will be more influenced by the power and reach of our networks, than our ability to craft elegant queries for the big white search box.

My advice to anyone today is to begin to understand these new tools and platforms. And to more importantly begin to build your networks on them. The investment you make today will be well rewarded in the near future. IMHO

- Ken

I promise, this is not another post about Bing, and everything it may or may not do to change the consumer search engine landscape, and related advertising industry. If you are looking for that, take a look at a very concise and relevant Forrester blog post here. I do want to talk about one of the principles that Bing is focusing on in an attempt to differentiate.

You can find it in the url of the introductory video for Bing: http://www.decisionengine.com/. Decision Engine. The point being that search is not an objective, it is a task that is employed by most people in an effort to make a decision. That is a bit of a no brainer, but a really important distinction (and I think MS is going to spend close to 100M in advertising to bring that to light). As a technology community we have just been to in love with making search better in the past 10 years. We need to change the focus to improving our efficiency in making decisions. Again, I know it sounds like a subtle distinction, but it is anything but subtle.

For example, if I am focused on making search better, I look at things like relevance of results to the keyword in use, speed of results, breadth of coverage,  autocomplete, etc. If I think about improving the decision making process, I try to understand what decisions are being made, why, and when? What data elements and information is required to make that decision, what is the best resource to get that information, who is the best person to talk to? Really, a very different viewpoint from a requirements perspective.

I often refer to the process to support decision making in business as business research (of which search is one of the tasks in that process of course, among others like analysis). So for people interested in business research Bing is important. First, even if only because of the huge advertising budget MS has, it will help shift the technology communities focus from search, to research. Second, I think it will help validate the importance of the decision making tools – something that can sometimes be hard to do believe it or not (how many of you have management or users that think your existing decision making tools like Factiva are nothing more than a search box and bunch of articles?). Last, because of the importance based on Social Intelligence (Bing organizes content based on what other users have found to be important). 

So while it remains to be seen whether it is a good tool or not, whether it will help MS gain some share in the consumer “search” market, and if it will bring a shift from keyword to display advertising, Bing is important – thanks Microsoft.

- Ken

I mentioned in my last post that a shift in focus will be taking place in technology. Instead of creating, storing, distributing, and retrieving (as my friend Christine pointed out), technology will turn its focus to tools to help make sense of the vast amounts of valuable information made available to us. I wonder though if it isn’t the simplest of technologies, which already exists, that will be one of the most beneficial to us.

What could be better than a tool that would understand what decision point we are trying to support, go find all of the relevant information, then analyze it and present it in an easily consumable manner like a dashboard? How about someone who has recently made the same or similar decision? Someone who has already either manually or through technology synthesized large amounts of information, understands the sources of the most valuable data, and maybe even knows the context in which you are making a decision.

Learning from the knowledge of others is something we’re very accustomed to doing, and very comfortable with. Really, the idea of Search is to connect us to the materials that others have put together, so we can benefit from the knowledge they posses without knowing who they are. But now, we have social networks and messaging systems that help us easily find those people, and subsequently the knowledge they have.

Imagine discovering a company you are not familiar with in a news article, and wanting to know who their competitors are. If you use the standard means of Search, you would spend some time on Google, or your intranet, or a research tool like Factiva to get your answer. Think instead if you could click on the company, and have a list of people in your enterprise or industry peers that have a relationship to that company (a procurement person, a sales person, a technology person, etc.). An instant (or micro) message directed at one or more of the people listed, gives you access to all of there knowledge. They will likely either know the answer directly, or be able to tell you where to find the answer.

Intelligence obtained from your social network, not your ability to search. Connecting with people that are informed, not finding relevant information. A powerful way to benefit from the volumes of information we are presented with, and not be overwhelmed by it.

Of course enabling social intelligence is only one of the things that needs to happen. New information management technologies are still critical. I just think we should do our best to get the most out of our existing technologies, while future technologies are being development.