spendmatters
 

February 08, 2012

 

How the Heck do You Get This Information?

I got an email from a colleague the other day about some of the posts I've done recently on Oracle and SAP among others. He told me that they were the most dry things he'd ever read, but was pleasantly surprised at the level of detail in them. I told him that he hasn't seen anything yet. Gathering product details has always been a past time of mine. I've been involved with competitive intelligence since my first job out of graduate school and I ran it at FreeMarkets for quite some time. In the past year or so, I've tended to avoid custom CI assignments for vendors, even though we have access to extremely detailed information from channels, customers and partners that enable us to get a level of detail that most product managers inside vendors don't even know (well not a good product manager, but you get the point).

This network lets us get around any ethical questions about how we obtained information and is key because most of the information you get from vendors in briefings or even in product demonstrations is too high level to be of much use when it comes to systems selection. In fact, I think the best way to "do CI" is to speak to both actual customers, channels and SIs who are putting in the systems. That way you get the details and dirt that vendors tend to wipe away all too quickly when they're talking about it.

When it comes to our current work in the area, even though I'd never look at our assignments as that of a CI firm, I like to keep up with the latest about what Spend Management providers have on offer -- especially as the products compare and relate to one another. While I have no plans to publish a magic quadrant or 2 by 2 -- it's more fun sitting on the sidelines and critiquing those that come out -- we often use our detailed vendor and competitive analyses to help our clients (vendors, consultants, outsourcers and above all, practitioners) understand how competitive offerings stack-up in the market.

I'll probably never publish them here, but if you'd ever like to have a chat about our services in this regard, let me know. When we do what I call "landscape and competitive brand-dumps" our typical modus operandi is to get in and get out fast. Usually a day or two is all we need to provide an encyclopedic level of detail.

- Jason Busch


Commodity Edge Conference

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Comments
Somebody's Gravatar Please check yourself. Your software reviews are probably the least detailed I have ever seen. You do try, but it's really high level and mostly useless nonsense.

I'm starting to wonder what the point of this blog is really, besides the schilling to sign your firm up for CI work. (I guess the economy really is bad if you are stooping to that.)

Here is a week in the life of the Spend Matters blog (from a faithful reader for at least 2 years):

1. Some random global economic fluff piece about how great the workforce in China or India is and how you can save tons of money by tapping into it.

2. How to save money buying custom suits or fancy coffee.

3. How cool free trade is. It really is!

4. How you personally use spend management to buy cheap ass gadgets online.

5. A couple vague rumors you might have heard about some of the software vendors doing something. More details to follow.

6. How you used to run lots of stuff at FreeMarkets. Almost the whole place really! Hard to believe they are still afloat without me.

7. EIPP - isn't it cool.

8. Did I mention I am a consultant and I am available for work? Oh, so is my wife.
# Posted By Somebody | 1/6/09 7:51 PM
Somebody else's Gravatar Blogs do not, in general, raise enough money to pay their own way, so bloggers must work on other projects. There's nothing wrong with a bit of self-promotion from time to time.

I would recommend that you contact Jason directly and discuss your concerns about Spend Matters content. I've always found him to be receptive to constructive suggestions. You will find the same.
# Posted By Somebody else | 1/6/09 8:23 PM
Mike Oswalt's Gravatar "Somebody" woke up on the wrong side of the bed.
Why do you read SpendMatters?
What Procurement blogs do you find more entertaining, more educational, or more insightful?
"Somebody" you bring up a good point. That is "you generally get what you pay for". If you are paying for professional, detailed, competitive assessments of the tools of the trade, why read something you clearly consider drivel? Something's (or Somebody's) catawampus.
# Posted By Mike Oswalt | 1/7/09 5:08 AM
Jason Busch's Gravatar I'm sorry if this blog falls short of your expectations. I don't publish the level of detail on it that I'm able to in the client work I do -- not even close. I'm confident in my ability to dive extremely deep on things when necessary. A blog is a bit of a different type of forum, and if you don't find it useful, I'm sorry for wasting your time. As for me, I am actually trying to pull back on the consulting and focus more energies on building out Spend Matters. Unfortunately, I still make more per day as a well-paid consultant than I do from these pages, but that will soon be changing I hope, as writing and speaking on these topics is the thing I care most about. Follow your passion and all else will follow (but don't miss that mortgage payment along the way)
# Posted By Jason Busch | 1/7/09 5:12 AM
Andy Monin's Gravatar I think "somebody" has blog envy! Keep up the good work Jason, I appreciate your "fluff pieces" daily!
# Posted By Andy Monin | 1/7/09 5:45 AM
Jason Busch's Gravatar And one last thought that I should have mentioned ... if you have some specific advice or criticism to improve this thing, please, please reach out to me. There are a few readers in particular who have been extremely helpful in improving the content of this blog, driving me to make this thing better over the years. They have not minced words. Please be direct. I do welcome the input and do not worry about offending. Especially if the advice for buying "cheap ass gadgets", bargain bespoke suits or yuppie coffee is insufficient for your spend agenda ;-)

And one last thing ... that is a drop dead hilarious picture that "Somebody Else" linked to ...

Postscript: Since the original comment accused me of pimping my wife's firm, I'd like to suggest you check her firm's blog (www.agmetalminer.com) out to see how it stands on its own merits. In less than a year, they've absolutely kicked the butts of much larger companies (including my former employer) on metals thought leadership, despite being a boutique firm. They can stand on their own and don't need some washed up old blogger to shill for them. But if I can give them an extra boost because of this blog, I will. After all, I stand to benefit as well. Still, I would encourage you to see what they're up to including their new global metals pricing index (which is free and in beta). You can find it here: http://agmetalminer.com/metalminer-indx/

I wish I had half the energy of Lisa and Stuart to come up with -- and execute on -- new ideas and concepts like this. And that's why I plan to retire from her billions in a few years ... ;-)

- Jason

# Posted By Jason Busch | 1/7/09 5:52 AM
Mickey North Rizza's Gravatar Jason,

Working closely wtih technology vendors, their buyers and user clients takes a great deal of triangulation of information. From sorting thru the rhetoric, reviewing the products, understanding the technologies assistance of the business process, ROI, and finding the best value for the customer - well enough can't be said about the process. It is clear you do understand this and present what you can in each area. How it is used and factored in the day to day decisions is up to each company/individual.

I find most of your postings provide context for individuals to think while making their plans and decisions. While some of the postings are great diversions - rumors to random thoughts to thought leadership - they are also a reality to many. Without them decisions can sometimes be made in vacuums.

Thanks for providing so much information to so many. Regardless of how the information is used, it is available for those who need it.

I enjoy reading Spend Matters and know I can always count on an alternate viewpoint.
# Posted By Mickey North Rizza | 1/7/09 7:12 AM
the doctor's Gravatar Somebody:

I had a great post queued up for Saturday* about "what to do when you're a blogger who's out of content", but since you woke up on the wrong side of the bed, I now feel that I can't post it out of respect for my fellow blogger that you decided to kick in the head as he, and his readers, would not be able to find the humor in it so soon. You had a great opportunity to lighten the mood with your insightful observations and give us all a good laugh, but instead you took the opportunity to take the best comedy and turn it into a tragedy.

So I just thought I'd personally thank you for robbing my readers of yet another dose of humor that we could all use in these darkening times.

I hope you're happy now.

the doctor

P.S. Dear readers, I will post it after a respectful amount of time has passed, and hope that you still remember the implied references.

* Sourcing Innovation traditionally posts its humor on Saturday.
# Posted By the doctor | 1/7/09 8:36 AM
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