British Library and the Open Innovation Project – Working with others to make new ideas fly

My colleague Nigel Spencer reports on an exciting new project at the British Library:

Working with others to make new ideas fly is the strap-line for a European Union funded project to promote open innovation principles across the North West Europe region.  The British Library is a partner in this three year project along with partners from France, Germany, Belgium, Ireland and other parts of the UK.

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openinnovationproject.co.uk

The concept of open innovation is simply that by being open to external input you are more likely to develop innovative and successful products or services. This is because it is unlikely that any single organisation will have all the skills, knowledge, experience and perspectives needed in-house. Open innovation covers a range of types of activity including crowd-sourcing, co-creation and includes activities with varying levels of openness and transparency.

Stefan Lindegaard from 15inno says that people should view  open innovation as ‘a philosophy or a mindset that they should embrace within their organization. This mindset should enable their organization to work with external input to the innovation process just as naturally as it does with internal input’.

Examples of organisations that have applied open innovation are:  ‘Orange, Procter & Gamble, Boots, Lego and Virgin Atlantic.

There are a number of perceived and genuine barriers and challenges which prevent businesses of all sizes from taking the leap to applying open innovation principles; Some of these challenges are:

  •  How to make the contacts needed with external organisations and people and develop long-term mutually beneficial relationships. This a particular concern if businesses are of differing sizes.
  • How to overcome the internal organisational cultures which may be uncomfortable with the kind of openness, transparency and perceived loss of direct control which are involved in applying these ideas.
  • How to protect ideas and creative outputs when these are being shared and an uncertainty as to how intellectual property fits into an open innovation environment.

On 29 November the British Library is hosting a half-day conference which looks at these challenges head on.  It is called ‘Open Innovation: The Challenges & Solutions’. We have brought together a great selection of experts and practitioners from organisations like 100% Open, Creative Barcode, Procter and Gamble and Quantum Innovation Centre to debate these issues.

More information and booking on the event, and you can follow the Open Innovation Project on Twitter at @OIProject

Inspiring Entrepreneurs Media Maestros – 12 October

Matthew_RockJust back from a great Inspiring Entrepreneurs event, Media Maestros chaired by Real Business magazine founder Mathew Rock.

He kicked off the evening by talking about his own experience of building a successful media business.

He listed six key points he has learnt over the years:

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1. You are you own brand. So make sure you have a point of view you can express to the media.
2. As much as possible, tell your story yourself. Be your own PR person.
3. Don’t worry if you’re shy, just tell your story with your passion.
4. Digital dialogue, means you don’t have to depend on broadcast media.
5. Understand the new media hierarchy – chatter,  promotion, influence
6. Influence still matters, be ready for that first, serious article to build your reputation.

Shazia_AwanShazia Awan the founder of Peachy Pink and Max Core, kindly returned to the British Library following her succesful talk at our Mothers of Invention evening  in March.

This time, as well as sharing her amazing success story, she also included some practical advice for getting media coverage.

She had five years experience of working in Press Relations, but wanted to go into the fashion industry.

She argued that advertising is often too expensive for a small business. But that the media are open to entrepreneurs making contact with them directly.

­In order to maximise the impact of the initial launch of her Peachy Pink brand, she organised for 50 underwear models to walk down Bond Street on a very nippy day in December, wearing Peachy Pink underwear. By spending three days ringing every newspaper,  magazine and media outlet she could find (with a follow-up reminder the evening before), Shazia ensured her story appeared in every red-top newspaper. As a result the store sold out within two days, and she received contact calls from 15 countries.

She­ talked about the danger of entrepreneurs trying to keep control of every aspect of their business, as it grows you have to learn to let go a bit. And you need to be clear in your own mind how using PR will help grow your business.

When asked for examples of mistakes she had made along the way, she said she prefers to think of them as learning curves. Viral marketing can be effective, but you can get carried away with it. As Peachy Pink becomes an international brand, they are beginning to capitalise on their London and British connections.
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Next came a panel discussion with Jonathan Moules, Louise Third, and Rob Pittam:

Louise Third is a director of Integra Communications
–    Plan media work
–    Do quality research
–    Top tips
o    Plan ahead – only a few have a marketing and PR plan within their business plan
o    Identify your key audience
o    What is news – look at your press release and say ‘so what’.
o    Be realistic about the coverage you can expect

Jonathan Moules is enterprise correspondent at the Financial Times
–    Read the newspapers you are going to pitch to
–    Understand the kinds of stories they are looking for
–    Your story pitch should be like your elevator pitch – short and simple
–    Test it out on friends first
–    Learn how to build a relationship with a journalist – have an opinion on a subject
–    FT readers can see through marketing bullshit

Rob Pittam is a television and radio correspondent, he was also broadcast presenter for the BBC Working Lunch programme.
–    Don’t be afraid to ring newsrooms, they appreciate how hard it is to cold call.
–    It is passion that gets people on to television.
–    Sex sells – although journalists won’t admit it.
–    Journalists will give feedback – email first then follow up with a phone call
–    If something has already happened, it is too late for broadcast media to cover
–    The story is always about people not things
–    Think about the audience, so you will need to let a bit of control go to the journalists.

The evening ended with a busy Question and answer session:

Q – Do you need different PR for different life stages of your business?
A – Identify your key messages for the long term, then identify the key ways of getting these messages across. Start local, then regional, then national. For Business to Business services, start speaking at events to raise your professional profile.

Q – Can you use historical stories?
A – Good stories from the past can work in the print media, but not for broadcast. But the bottom line is that there needs to be a great story.

Q – How to get into professional journals?
A – Be prepared to write your own articles.

A – PR is a drip-drip process, you may not get any mention of your company name each time.

Q – How can you benefit from an important story in the media?
A – Develop your role as an expert / commentator.

Q – How do you leverage a personal brand?
A – Planning is key. The media need to be involved before your launch.

Q – How do you find time for PR?
A – Make sure you block out a couple of hours a week in your diary.

Q – How do you get celebrity endorsement?
A – By getting your product into their (or their agents) hands to try out. Even celebrities love a freebie.

Q – What kind of PR works for service businesses?
A – Look for specialist publications. They will often have a lower threshold for news and articles.

A – Patience is essential. You have to wait for the right hook to hang you news item on. Set up a Google alert to track opportunities.

Our YouTube channel gets 250 thousand hits

youtube-logoWe are constantly telling our clients about the power of using video to market their product or service, as do our workshop presenters (Our Marketing Masterclass with Alasdair Inglis of Grow).

So it is wonderful to be able to show how our use of videos on YouTube has gained us nearly 250,000 hits over the last three years or so.

Very early on we created our own channel BIPCTV, and began posting recordings of our Inspiring Entrepreneurs events, and our success stories.

Having attended almost all of our events over the years, I am really pleased to see that my favourite speaker is also the most popular with nearly 23,000 views. I have to admit that having already seen Levi Roots and his Reggae Reggae Sauce on BBCs Dragons Den I was prepared to be disappointed. However, as a live performer with no script or PowerPoint slides, he was witty, charming and inspiring.

Another popular speaker is Sam Roddick, founder of the ‘erotic emporium’ Coco De Mer, and daughter of Body Shop legend Dame Anita Roddick. She describes herself as an activist first and accidental entrepreneur second.

http://www.youtube.com/bipctv

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Media maestros: Innovative strategies for small businesses – next Wednesday

Shazia AwanI’m really looking forward to our next Inspiring Entrepreneurs event, Media Maestros next Wednesday 12 October from 6pm here in the British Library.

We have an impressive panel of industry experts, including: Matthew Rock, Jonathan Moules, Louise Third and Rob Pittam. We also have a special guest speaker Shazia Awan, founder of body enhancing underwear Peachy Pink and Max-Core.

Publicity is the key to getting new customers and a mention in the right newspaper, magazine or online social network can make all the difference. Getting noticed by the press can also sometimes help to reduce the costs in your marketing budgets.

Matthew Rock is founder & editor of Real Business magazine. He will lead the discussion and also give a summary of the latest media trends.

peter_Andre_inspeach pink pantsShazia Awan is the founder of Peachy Pink and Max-Core. Her products are firm favourites with stylists and celebrities and she will talk about her experiences of gaining press attention.

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Jonathan Moules, enterprise correspondent at the Financial Times

Louise Third, director of Integra Communications

Rob Pittam, television and radio correspondent, he was also broadcast presenter for the BBC Working Lunch programme

Do you know the IWR Information Professional of the Year 2011?

IWR_logoAs the fortunate recipient of this award way back in 2003, I have an interest in who gets to win each year.

In 2009 I was pleased to see it go to Hazel Hall, who I have known for many years. And have always been impressed by her support and enthusiasm for her students at the Centre for Social Informatics in the School of Computing at Edinburgh Napier University. She has also been very active in promoting the potential of the information and knowledge profession. And has lead the implementation of the UK Library and Information Science Research Coalition. Hazel also won the SLA Europe Information Professional Award 2011.

Dr Hazel Hall
Hazel Hall

Now in its 11th year, the international award recognises an individual who has made an outstanding contribution to the profession in the last 12 months.

A nomination could be for someone who has demonstrated best practice, led extensive project work, responded in an innovative fashion to commercial or economic pressures, or developed an information resource for an organisation and its users and clients.

The name of the winner will be announced at the Online Information Conference 2011 to be held in London in late November and the winner will be presented with the award at a reception at the end of the first day of the conference.

To nominate either yourself or a colleague, email editor Peter Williams. The entry, giving reasons why the nominee should win, should be no more than 250 words and include the name, job title and achievements plus contact details for the candidate and the nominee. The closing date is Monday 7 November.

The awards are organised by IWR magazine and Online Information Conference organisers, Incisive Media.

Our Success Story Flubit is growing fast

Flubit_logoHaving met Bertie Stephens (Chief Flubitron) in a workshop last May, and signing up as Honourable Manlius Buggerflub (I’ve joined the fun Flubitron club), I wanted to keep in touch with their progress.

The good news is that they are growing at an impressively rapid pace, and have recently exceeded 14,000 Flubitrons. With four new demands every minute, their members have already demanded over 3,000 products and services.

I had a chat to their Online Marketing Rep Steph Fiala to find out more:

So what exactly is Flubit?

The idea of Flubit is incredibly simple but revolutionary. In an age of social media and online shopping, we have found a way to empower our consumers, through using our very simple platform. By grouping together and ‘demanding’ products they actually want to buy, we can get them great bulk discounts. Essentially, you tell us what you want and we do all the leg work and get you a discount, all because if you want something, chances are there are others online who also want it.

Bertie_Stephens_FlubitBertie Stephens came up with the idea for a consumer-lead social marketplace at the end of last year, but it wasn’t until spring this year when he really decided to go along with his idea. In April, he met with the first investors and by May Flubit was sitting on a $1M investment and was valued at $4M.

But the successes run deeper, we managed to create a great team here at flubit. We have a group of really experienced, goal oriented leaders – Adel Louertatani, making sure we are in touch with all the right investors, Ricardo Gomez-Ulmke who makes sure all our ideas are plausible and ensures we do everything with structure, Patrick Perez, our non-executive advisor, the man who brought Apple Mac to Europe giving us needed council and of course our CEO Bertie Stephens challenging and directing us – and a group of younger, enthusiastic employees who know our market and make sure we get it right.

And how did the Business & IP Centre help?

The British Library offered founders Bertie Stephens and Adel Louertatani not only a meeting ground & research tool from it’s wide array of resources, but an important learning arena too via the IP Centre.

Partaking in a multitude of courses gave Bertie & Adel an ability to gain a further foothold into the world of small business marketing, financing, pitching to investors and even intellectual property protection.

From here Flubit have been in regular contact with a selection of speakers who have since become consultants who offer a reliable, experianced source of knowledge. It was only from the learnings of the IP Centre that Bertie was able to learn the correct and (more importantly) required steps to correctly copyright & protect the Flubit brand.

If you want to keep up with Flubit, you can join their facebook page, or become a Flubitron yourself.

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The Flubit team celebrating their success Flubit style

 Update October 2012: Flubit is now live

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Update February 2013: Watch our Flubit Success Story video

Dee Dee’s Vintage, another Business & IP Centre Success Story

Dee_Dees_Vintage_logoI received a lovely surprise tweet recently. ” Hi Neil! I had a one-to-one with you  couple of years ago. Still implementing your advice – it was great!”

It was from Dee Dee O’Connell, the founder of Dee Dee’s Vintage.  And after my blushes died down, I recalled the information advice clinic where we met. In particular I remember being impressed about how much thought Dee Dee had already given to her business idea, and how resourceful she had been.

Dee Dee didn’t have the delightful logo above at the time, or her partner Ian White.  But I was confident she would be successful, with her enthusiasm and expert knowledge of the vintage clothing market place, and her entrepreneurial spirit.

I get a lovely warm glow from being a small part of our success stories.

Below is the blurb from their website www.deedeesvintage.com:

Dee Dee’s Vintage is a brand new online shop, specialising in Americana and classic British vintage clothing. We began life back in June ‘09 as a stall at the Vintage Pop-Up Market at Brick Lane, East London. We can now be found at selected vintage fairs, markets and festivals all over the UK. Check out our blog for the latest updates on our events.

We’re based at The Print House in Dalston, East London – home of Dalston Roof Park and Café Oto.

They are also on Facebook and Twitter: www.facebook.com/deedeesvintage
twitter.com/deedeesvintage

Dee Dee O'Connell and Ian White
Dee Dee's Vintage with Dee Dee O'Connell and Ian White

Trends in the computer games industry

WiiAs part of the Library’s work to engage with the creative industries, my colleague Fran Taylor has been finding out some of the key facts and figures about the UK games sector.  We’d like to encourage games makers to use our collections for inspiration and contextual research and to use the Business & IP Centre to commercialise their ideas. Fran used the Business & IP Centre’s resources to gather it all together, including reports from Euromonitor, Datamonitor and online NESTA reports.

1.    In 2009, the global video gaming market was estimated to be worth approximately $72.2bn. It is expected to grow by 5.1% during the period 2009–14, to reach $92.5bn in 2014. Software revenues are worth 69.4% of total revenues.

2.    The UK video games industry was worth £2.8bn in 2010, which is bigger than its music or film industries.

3.    In the UK, the most popular brands are the Xbox, Sony PlayStation, Kinect and Call of Duty.

4.    Almost one third of all people older than 16 in the UK describe themselves as ‘gamers’ (with an equal breakdown between men and women).  The percentage goes up to 74% for people between the ages of 16 and 19.

5.    One in every two UK houses owns a video games console.

6.    The profile of the industry is changing, with a new breed of games developers working as sole-traders, freelancers and in small companies. Growth is expected at the lower end of the price range, i.e. online and mobile games.

7.    The online gaming segment is rapidly gaining traction and is gradually overtaking the PC and console gaming segments. Business Insights forecasts that online gaming revenues will increase from $13.2bn in 2009 to $25.3bn in 2014.

8.    The global PC gaming market was estimated at a value of $4.5bn in 2009, and is likely to erode to $4.3bn by 2014, posting a decline in of 0.9% CAGR during the period.

9.    Mobile games are the fastest growing segment of the video gaming market, with a forecast CAGR of 14.4% during the period 2009–14. Increasing mobile and 3G and 4G penetration are the key market drivers.

10.    Emerging technologies that are in a much more advanced stage of development include thought-based games, motion sensors, connected TV and HTML5.

 

Effective Writing And Communications with Kimberly Davies and Steve Trister

Kimberly_DavisYesterday I attended another of Kimberly Davies‘ Marketing Masters days. This time the topic was Effective Writing And Communications and featured guest speaker Steve Trister the creator of Performance Dynamite.

I not sure if Kimberly is a geographer at heart, but the four days I have attended have been located in south, east, north and now west London. I’m not sure where she will go next now we have covered all four compass points.

One of the consequences of moving to a new location each time, is that the rooms often have technical glitches with the sound or vision, or in yesterdays case, both.

Kimberly copes with these challenging starts to the day with an impressive level of  professionalism and humour.

steve_TristerKimberly spoke for most of the day and was excellent, however the highlight of the day for me was actor and business coach Steve Trister the from Performance Dynamite..

He walked to front of the room wearing a doctors mask and mumbled something to. That got our attention. He then asked us to name the number one disease in business. We came up with a range of suggestions, but failed to give the correct answer; Vomiticus Contentinaatum – otherwise known as puking content, or verbal diarrhoea.

I have to admit that working in one of the largest libraries in the world with over 150 million items in our collection, this is a disease I am all too well aware of falling prey to.

The cure to this disease is to make an emotional connection with your audience (of one or more). This of course is much easier to say than to do. So you need to prepare, by building the right mindset.

You need to tell yourself every day that you are already connected to your audience, then you need to mentally rehearse by visualising the event in advance (some of which will be scripted, and some not). This is similar to the way professional athletes prepare for a competition.

You need to be clear on the emotion you want to conjure up, be in state (or in the moment with no distractions), and to commit 100% to the performance.

Steve had investigated the famous research by Albert Mehrabian on non-verbal communication. He found the commonly quoted result, that clues from spoken words, from the voice tone, and from the facial expression, contribute 7 %, 38 %, and 55 % respectively to the total meaning, is wrong, as it it relates only to the communication of positive versus negative emotions.

Our voice is critical to how we communicate to our audience, changes in vocal emphasis (the stress we put on specific words) can completely change the meaning of what we saying. He asked how often do we take note of how we are actually speaking. He explained that our tongues are muscles, so we should exercise them using tongue twisters.

He also covered body language and the use of gestures, and how these can be used to reinforce or undermine our verbal messages. He said we should practice expressing our business activity in the form of charades. This made my mind boggle at how I could show the British Library through mime.

Steve illustrated each of these points with victims (sorry volunteers) from the audience, and guided them through. For the final example he had a professional photographer give an excellent and clear mime of his business.

Finally he said we should find an emotional story that will relate to your audience.

Needless to say Steve used all of these techniques during one of the most engaging and memorable presentations I have ever seen.

You can see a YouTube video of Steve in action, and an interview with Smarta.com.

[youtube=http://www.youtube.com/watch?v=cPrZ2ElG-Yo]

Here are my notes from the rest of the excellent day:

Learn the 20 rules of communication that should never be broken

Kimberly’s no. 1 life lesson;
“You can reach anyone in the world with, seven phone calls or less, saying the right thing.”

Statistics show that 50% of marketing spend is wasted.

Led to the idea for Sarsaparilla – to detox your marketing – Marketing Purification

Definition of marketing
Anything that affects the perception of your company. From logos to staff behaviour.

You are exposed to 4,000 brands every day. So how does your business stand out?

Know your audience
–    Who is your target market?
–    Who is your idea client / decision maker?
–    What motivates them?
–    Profile (gender, age, health, wealth, culture, interests, position, salary, budget, etc)

Then put yourself into their shoes.
–    How can you make their life easier?
–    What is in it for them?

Then find your voice (written language).
–    Who would narrate your content?
–    Think of a character of personality best suited – perhaps Steven Fry for the British Library
–    Who would your audience relate to and want to hear? Admire? Look up to? Believe
–    Imagine their voice each time you create marketing content

Keywords
–    Ten words that best describe your business – For the Business & IP Centre: innovation, inventions, information, support, advice, help, entrepreneurs, business-startup,
–    One word that best describe your business – knowledge

Unique Selling Point
–    What truly makes your business unique – For the Business & IP Centre: The largest free collection of free market research and business information in the world, with expert guidance.

USP
–    You need to be the only…
Misconceptions

Testimonials

Focus on the benefits for your customers
–    List them – information, advice, contacts, training
–    What problem can you solve?
–    How can you make their life easier? – a clearer view of what they need to do to start their business

Key Messages
–    What are the three key things you want people to remember about your business?
o    Business & IP Centre at the British Library at St Pancras central London
o    Free workshops and advice
o    Free access to market research and business information.

  • Branding
  • Professional photos
  • KISS – Keep It Simple Stupid
  • Formula for success and to avoid writers block
  • Navigate
  • Incentives
  • Call to Action
  • Ask questions – keep the dialogue going
  • Relevance
  • The Elevator Pitch
  • The who, what, where, when and how of your business

I still think Sarsaparilla’s elevator pitch is the best I have come across;

50% of marketing is wasted. Sarsaparilla is a marketing consulting and training agency that specialises in marketing purification – the process of detoxing your marketing, protecting you from The Flash, Fluff, and Fakers, and helping you make more money with less.

SquidLondon brighten up a rainy autumn day

emma-jayne_parkes_and_vivian_jaegerSomething of a surprise on my way home tonight to see a full-page advert for our Success Story SquidLondon in the Evening Standard.

Fashion graduates Emma-Jayne Parkes and Viviane Jaeger founded SquidLondon after being inspired by Jackson Pollock. They thought it would be cool to walk down the street, it starts to rain and your clothes turn into a walking Jackson Pollock.

Their first product, the Squidarella, is an umbrella that changes colour as it rains. Developing such an innovative product meant that intellectual property – protecting their ideas – was an essential topic to crack. The pair visited the Business & IP Centre to learn more about how intellectual property applied to them.

[youtube=http://www.youtube.com/watch?v=5zJrVSA_k80]

Squid have now moved to the bathroom with their latest product : ‘Miss Squidolette’ Shower Curtain!

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