2011 SBS Singapore | Putting Facebook to Work Effectively: Lessons From Over ...
2011 SBS Singapore | Dion Hinchcliffe, High Impact Social Business: Stories and New Perspectives
1. High Impact Social Business:
Stories and New Perspectives
Dion Hinchcliffe (@dhinchcliffe)
2. Social Business Summit 2011 Singapore | High-Impact Social Business
The drivers for next-generation business
• Pervasive global connectivity
• New friction-less interaction
platforms
• Next-gen mobility
• Focus on network effects
• Information superabundance
• Inherent transparency,
openness, and broadcast
• The rise of social capital
3. Social Business Summit 2011 Singapore | High-Impact Social Business
The current engagement landscape
Maturing
Competent
Webinars
online video
direct mail P2P video
social networks mobile
apps
Immature
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
4. Social Business Summit 2011 Singapore | High-Impact Social Business
Social As The New Dominant Global Trend
Source: ComScore Global & Morgan Stanley
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
5. Social Business Summit 2011 Singapore | High-Impact Social Business
Mobile Internet Ramping Up Faster Than
Desktop Internet by 5x
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
6. Social Business Summit 2011 Singapore | High-Impact Social Business
Hundreds of public social networks...
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
...channel fragmentation 6
7. Social Business Summit 2011 Singapore | High-Impact Social Business
Dozens of internal social channels
• E-mail
• Text messaging
• Instant messaging
• Meetings and conference calls
• Enterprise 2.0
• Social CMS
• Knowledge management
• Intranets
• Online communities
• Communities of Practice
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved. 7
8. Social Business Summit 2011 Singapore | High-Impact Social Business
Channel Fragmentation Is Now The Norm
+
400 social networks with over 1 million users = 2 billion mobile Internet users + 100 million
aggregate audience of about 900 million next-gen smart phone users across hundreds of
device types
Have Become The De Facto Primary
Channels for Customer Engagement
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
9. Social Business Summit 2011 Singapore | High-Impact Social Business
So Customers Have Moved...
And Companies Have Fallen Behind
• Mobile
• Social
• New Digital Channels
• Approximately 1 Billion “Digital Natives” Have
Migrated In the Last 3 Years
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
10. Social Business Summit 2011 Singapore | High-Impact Social Business
Organizations Know
The Problem Will
Only Get Worse
Outdated frameworks and operational strategies often relegate discussions to
incremental fixes and piecemeal approaches
Although @ComcastCares has over 10 employees responding in new customer
engagement channels like Twitter, they can’t scale.
A proliferation of new social networks and mobile apps are appearing at an
increased pace – organizations are falling further behind.
The result – large amounts of waste in fragmented data, customer records,
touchpoints, and experiences – leaving companies unable to efficiently reach
customers, prospects, and partners.
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
11. Social Business Summit 2011 Singapore | High-Impact Social Business
Change Keeps Coming:
The Rise of Social and Mobile Apps
PepsiCo Digital Chief: “The majority of social interaction will happen via mobile” - Feb
21, 2011
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
12. Social Business Summit 2011 Singapore | High-Impact Social Business
The worldʼs most important channels...
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
13. Social Business Summit 2011 Singapore | High-Impact Social Business
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
14. Social Business Summit 2011 Singapore | High-Impact Social Business
What do these new engagement models really
provide to businesses?
• Radical reductions in cost of
doing business (i.e. 30% reduced
support costs)
• Dramatic improvements in
customer sat scores & partner
engagement
• Real-time response to
customer needs & critical
situations
• Access to deep pools of
innovation
• Revenue growth (increased
top-of-line sales and service
numbers)
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
15. High Impact Social Business Stories
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved. 15
16. Selected
Social Business Stories
• Open Source Software (OSS)
•
• The Search for Steve Fossett
• Innocentive (B2B)
• AOL
• Atlassian Lesson Social Talent Pool +
Problem = Innovation
• SAP B2B Community
17. Social Business Summit 2011 Singapore | High-Impact Social Business
Whatʼs the best way to interact with someone
under 30?
• #1: Have a mobile app on their
first screen.
• #2: Those under 30 rank text
messaging as their primary form
of communicating, followed by
Facebook.
• These are the critical and future
new channels in which to have
deep marketing effectiveness.
• The primary future of marketing
will be in “large scale social
experiences.”
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved. 17
18. Social Business Summit 2011 Singapore | High-Impact Social Business
The Leading Edge of Customer Engagement:
Large Scale Social Experiences
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved. 18
19. Social Business Summit 2011 Singapore | High-Impact Social Business
Case Study: HBO
• More than 750,000 additional visitors
• Increased Facebook engagement by 115%
(improvement in number of Likes to 3
million.)
• Tens of thousands in additional
merchandise sales
• Nearly doubled the number of 3rd season
premier viewers to 6.4 million
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved. 19
20. Social Business Summit 2011 Singapore | High-Impact Social Business
Where is the social business opportunity in
workforce engagement?
• Increased levels of productivity that were inaccessible until now
• Enablement of tacit interactions on a previously unknown scale
(Source: McKinsey & Company)
Enterprise 2.0 has
the potential to
increase productivity
in complex
interactions, where
previous attempts
have largely failed
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
21. Social Business Summit 2011 Singapore | High-Impact Social Business
The 50 Foot Collaboration Rule
• Workers are not likely to
collaborate very often if
they are more than 50 feet
apart:
Take Away:
Surmounting this
obstacle is now
• Even with traditional possible with social
electronic aids such as
telephone, e-mail, and technologies
remote video
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved. 21
22. Social Business Summit 2011 Singapore | High-Impact Social Business
Significant Social Business Examples
• - 50x ROI in
high value scenarios
• - 29% reduction in e-
mail volume after making
social their primary
business channel
• and Atos
Origin - Eliminating e-mail
entirely while moving to
social channels
• Gold Corp - $3.5 billion in
value generated through
23. Social Business Summit 2011 Singapore | High-Impact Social Business
Social CRM: How can we have conversations
of value with millions customers?
Example:
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
24. Social Business Summit 2011 Singapore | High-Impact Social Business
• Telecommunications giant wanted
workers to be much more collaborative From Greg Lowe, Enterprise 2.0 Lead:
• 77,000 employees scattered across the
globe previously using primarily process-
focused tools like SharePoint
• Began experimenting with Yammer back
in 2008, now over 9,300 workers using it
- Users began reporting Ibenefits: a problem.'”
“Yammer saved me three days of trying to find who should talk to about
• Spent 13 months working on formal E2.0
implementation, which rolled out earlier
in 2010 on Jive Software
• Users have been mobilizing and self-
organizing, such as sales groups that
have created social groups to share best
practices and internal techniques
• Now 30K+ engaged workers
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved. 24
25. Social Business Summit 2011 Singapore | High-Impact Social Business
Human Resource Implications for Social Business
• HR is ground zero for internal and external social
media
• Example: CHROs we talk to are fielding requests from
employees to create Facebook groups to collaborate
- Primary Cause: Employees are not given basic
collab tools in most firms
- One CHRO at a large financial services firm has
received over 50 such requests in 2010 alone
• Increasingly, HR is actually getting in the driverʼs
seat
- Policies
- Guidance and Support
- Professional Development
- “Air Cover”
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
26. Social Business Summit 2011 Singapore | High-Impact Social Business
Show Me The Value:
Latest Social Business ROI findings:
• 1700 executives from around the
world across a wide range of
industries
• 69 percent of respondents report
that their companies have gained
measurable business benefits,
including:
- More innovative products and
services,
- More effective marketing and
customer care
- Better access to knowledge
- Lower cost of doing business
- Higher revenues
Source: McKinsey, 2010
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.
27. Social Business Summit 2011 Singapore | High-Impact Social Business
How do we best organize for Social Business?
• CMO?
• Corporate
Communications?
• Human Resources?
• IT Dept?
• Where then?
• Social Business
Office
• “Triumvirate”
(cc) 2011 Dachis Group. Creative Commons. Some Rights Reserved.