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	<title>Steven Milstein&#039;s Blog &#187; social</title>
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	<description>Chief Executive Story Teller for Menschenables.com, loving the Lean Startup life, appreciating others&#039; and adding my own Lessons Learned.</description>
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		<title>Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 3</title>
		<link>http://stevenmilstein.com/2009/04/17/lessons-learned-from-social-content-20-circle-of-life-part-3/</link>
		<comments>http://stevenmilstein.com/2009/04/17/lessons-learned-from-social-content-20-circle-of-life-part-3/#comments</comments>
		<pubDate>Sat, 18 Apr 2009 02:43:52 +0000</pubDate>
		<dc:creator>stevenmilstein</dc:creator>
				<category><![CDATA[Social Software]]></category>
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		<guid isPermaLink="false">http://stevenmilstein.com/blog/?p=1039</guid>
		<description><![CDATA[<p><img src="http://stevenmilstein.com/wp-content/uploads/et_temp/sharing_istock_000003736544xsmall-166719_300x200.jpg"/></p>My outside your firewall, shared listening and engaging Community Product Manager service offering for social software vendors/providers. According to wikipedia Shared Services refers to the provision of a service by one part of an organization or group where that service had previously been found in more than one part of the organization or group. Thus [...]
Related posts:<ol>
<li><a href='http://stevenmilstein.com/2009/03/19/lessons-learned-from-social-content-20-circle-of-life-part-2/' rel='bookmark' title='Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 2'>Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 2</a> <small>The most important pattern that emerged and lesson I learned...</small></li>
<li><a href='http://stevenmilstein.com/2009/03/07/lessons-learnt-from-social-content-20-circle-of-life-part-1/' rel='bookmark' title='Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 1'>Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 1</a> <small>Distinction between a Community Manager, Product Manager and a Community...</small></li>
<li><a href='http://stevenmilstein.com/2009/02/24/trial-offer-to-test-the-social-content-20-circle-of-life/' rel='bookmark' title='Trial offer to test the Social Content 2.0 Circle of Life'>Trial offer to test the Social Content 2.0 Circle of Life</a> <small>More on infusing community and product management for social software...</small></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><img src="http://stevenmilstein.com/wp-content/uploads/et_temp/sharing_istock_000003736544xsmall-166719_300x200.jpg"/></p><p><strong>My outside your firewall, shared listening and engaging Community Product Manager service offering for social software vendors/providers.</strong></p>
<div id="attachment_1042" class="wp-caption aligncenter" style="width: 435px"><a href="http://stevenmilstein.com/blog/wp-content/uploads/2009/04/sharing_istock_000003736544xsmall.jpg"><img class="size-medium wp-image-1042 " title="Sharing" src="http://stevenmilstein.com/blog/wp-content/uploads/2009/04/sharing_istock_000003736544xsmall.jpg" alt="Sharing" width="425" height="282" /></a><p class="wp-caption-text">Sharing does have its advantages</p></div>
<p>According to <a href="http://en.wikipedia.org/wiki/Shared_services">wikipedia</a></p>
<blockquote><p><strong>Shared Services</strong> refers to the provision of a service by one part of an organization or group where that service had previously been found in more than one part of the organization or group. Thus the funding and resourcing of the service is shared and the providing department effectively becomes an internal service provider. The key is the idea of &#8216;sharing&#8217; within an organization or group.</p></blockquote>
<div class="largeprint">Background</div>
<p>As the title suggests, this is the third and final part of my Lessons Learned series and where I&#8217;ll propose the business model I&#8217;ve come up with. Here&#8217;s my previous related posts:</p>
<ol>
<li><a href="http://stevenmilstein.com/blog/2009/02/09/how-to-infuse-social-content-20-into-your-social-software-lifecycle/">How to infuse Social Content 2.0 into your social software lifecycle</a></li>
<li><a href="http://stevenmilstein.com/blog/2009/02/24/trial-offer-to-test-the-social-content-20-circle-of-life/">Trial offer to test the Social Content 2.0 Circle of Life</a></li>
<li><a href="http://stevenmilstein.com/blog/2009/03/07/lessons-learnt-from-social-content-20-circle-of-life-part-1/">Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 1</a></li>
<li><a href="http://stevenmilstein.com/blog/2009/03/19/lessons-learned-from-social-content-20-circle-of-life-part-2/">Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 2</a></li>
</ol>
<div class="largeprint">The <strong>Business</strong> Model</div>
<ol>
<li>I will assume the overhead costs associated with:
<ol>
<li><strong>Monitoring </strong>the <strong>social software market</strong>.  Using <a href="http://radian6.com">Radian6</a>, I would create a Topic Profile including keywords for social software vendors / providers like Socialtext, Atlassian, Blogtronix, MindTouch, Cynapse, Liferay, Vignette&#8230;</li>
<li><strong>Filtering out</strong> and tagging relevant buzz about <strong>product features</strong> and directions across the market</li>
<li>Offering <strong>free</strong> service <strong>exporting</strong> tagged content and publishing on blog</li>
</ol>
</li>
<li>Offer monthly fee-based services where I would:
<ol>
<li><strong>Net out</strong> tagged content with respect to product features and publish on permission-based site (Say for example there&#8217;s a few posts about &#8220;permissions&#8221;.  I would then write a 1-liner describing the &#8220;permission feature&#8221; and link to the original supporting content published Step 1.3)</li>
</ol>
</li>
<li>Offer hourly, or, tiered fee-based services where I would:
<ol>
<li><strong>Collaborate</strong> with respective social software vendors&#8217; / providers&#8217; (Customers&#8217;) Product Managers to determine which features described in Step 2.1 should be elaborated</li>
<li><strong>Engage</strong> with original content authors and <strong>elaborate</strong> on product features selected in Step 3.1</li>
<li>Privately <strong>share</strong> results of Step 3.2 with respective Customer Product Managers</li>
<li><strong>Collaborate</strong> with respective Customer Product Managers to determine which features described in Step 3.3 require further assistance / services</li>
</ol>
</li>
</ol>
<p><strong>Other variations</strong><br />
I could resell <a href="http://radian6.com">Radian6</a> Seat licenses &#8211; governed by certain permission restrictions and share my Topic Profiles for those:</p>
<ol>
<li>Customers whose only pain is the cost of Radian6 (who can then determine later on if they want Steps 2 and/or 3)</li>
<li>Potential colleagues who would collaborate on Steps 1, 2 &amp; 3</li>
</ol>
<div class="largeprint">Thoughts?</div>
<p>What do think?  If you&#8217;re a social software vendor/provider, is this a service that may be of interest to you?  Do you currently have a Product Manager?  If so, is your Product Manager able to keep up with the social content?  Do you see the any value in consolidating the redundancy?  Do you see where it really is just a matter of <a href="http://stevenmilstein.com/blog/2009/03/19/lessons-learned-from-social-content-20-circle-of-life-part-2/"><strong>perÂ·specÂ·tive</strong></a>?  Where &#8230;</p>
<blockquote><p>one piece of content can yield dividends for many investors&nbsp;</p></blockquote>
<p>I&#8217;d love to hear from you folks in the field &amp; prove there is a way <strong>we all could succeed at doing more with less</strong>.</p>
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<p>Related posts:<ol>
<li><a href='http://stevenmilstein.com/2009/03/19/lessons-learned-from-social-content-20-circle-of-life-part-2/' rel='bookmark' title='Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 2'>Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 2</a> <small>The most important pattern that emerged and lesson I learned...</small></li>
<li><a href='http://stevenmilstein.com/2009/03/07/lessons-learnt-from-social-content-20-circle-of-life-part-1/' rel='bookmark' title='Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 1'>Lessons learned from Social Content 2.0 Circle of Life &#8211; Part 1</a> <small>Distinction between a Community Manager, Product Manager and a Community...</small></li>
<li><a href='http://stevenmilstein.com/2009/02/24/trial-offer-to-test-the-social-content-20-circle-of-life/' rel='bookmark' title='Trial offer to test the Social Content 2.0 Circle of Life'>Trial offer to test the Social Content 2.0 Circle of Life</a> <small>More on infusing community and product management for social software...</small></li>
</ol></p>]]></content:encoded>
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