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One More Reason to Keep it Clean

There are a lot of reasons for companies to remember their ethics, but one of the best is that if a company gets caught with its pants down they can be haunted by it for years.  Case in point is the P&G scandal from almost 10 years ago.  Thanks to evolution of blogs and other "personal" media the case seems to come up on a regular basis, which means that just when the folks at P&G think they've finally gotten past the incident it bites them in the rear end again.  Here's a case in point.

Traction Software - SCIP Premier Partner - Gets More Ink.

SCIP Premier Partner Traction Software gets more ink in this CNET article.

But many others are tapping into the power of blogs behind a veil of secrecy. A major European pharmaceuticals company, for example, has enhanced its competitive intelligence unit with Traction Software. Previously, the company's competitive intelligence team would survey published sources of information such as patent filings or new-drug announcements, talk to salespeople and customers and then summarize the material in a long document that would then be sent out via e-mail to thousands of people in the company.

The problem was that valuable information would often be buried on page 27 of a 50-page report or wouldn't be shared with key distribution and partners and customers because some of the information was sensitive. Traction's software established a Web log for the pharmaceutical company's competitive intelligence unit to share the information with management, sales and marketing executives. When something of particular interest to a specific executive is added to the blog, he will be automatically alerted by using search and syndication technologies. And for those executives that don't want to check the Web site continually, executives can set the service to send them a daily newsletter with information relevant only to them.

Furthermore, distributors and partners can gain access to specific parts of the blog that are of interest to them but will still be prohibited from accessing areas containing confidential information. "It makes the information more actionable and valuable," Traction's Lloyd says. "Another IT customer of ours at a big pharma got a promotion two days after deploying this within the company."

He says that Traction's software is used by 125 companies, governmental agencies and nonprofits, among them Bank of America, the U.S. Department of Defense and the IJIS Institute, a so-called 501(c)(3) nonprofit group for the information technology industry.