SlideShare a Scribd company logo
1 of 19
Download to read offline
Unlocking Value and Productivity
Through Social Media
“SOCIAL MEDIA IS LIKE WATER. ON ITS
OWN, WATER DOES SOME THINGS, BUT
WHEN COMBINED WITH OTHER
COMPOUNDS IT ENABLED THE EVOLUTION
OF ALL FORMS OF LIFE.” (SCHINDLER)
BOB COLLINS
What qualifies as “Social Media?”
 “Social media is the collection of online

communication channels dedicated to communitybased input, interaction, content-sharing and
collaboration.” (Florida)
 Includes Facebook, Twitter, Google+, Instagram,

Youtube LinkedIn, Reddit, Pintrest, Wikipedia, Yelp, etc.
Notre Dame’s Definition
 “A term used to describe a variety of Web-based platforms,

applications and technologies that enable people to socially
interact with one another online. These social media sites
help individuals find others with similar interests and
interact with them through networking and sharing
information and knowledge.” (ND communications)
 Social media also allows for easy sharing and re-purposing
of existing content, thereby expanding the reach of your
work and enabling others to share it with their
friends and networks.
Why is Social Media important?
 1 in 5 minutes online is spent on social media sites (Chui)
 500 billion minutes spent on Facebook per month





(Hempel)
Last year was 150 billion minutes- 233% growth
If Facebook were a country, it’d be the 3rd largest in
population, only behind China and India (Schindler)
24 hours of video uploaded every minute on Youtube
(Hempel)
95% of companies using LinkedIn to recruit (Florida)

 Most importantly- Area to share knowledge and

progress as well as improve communication
Users
Time Consumption
Habit Forming Qualities
Offline Influence
Business and Social Media
Notre Dame’s use of Social Media
 Currently ranked #1 in making good use of social

media (USA Today)
 “Notre Dame news, libraries, alumni, and other
accounts can be found throughout the social web,
including Facebook and Twitter. Even if you’re just a
fan of Notre Dame athletics, the school has
something to offer you, with Irish Alert text
messaging, as well as Twitter and Facebook pages for
almost every sport.” (Office of Communications)
Notre Dame Social Media
 https://twitter.com/NotreDame

37,000 followers
 https://www.facebook.com/notredame
 Athletic Teams https://twitter.com/NDFootball
73,000 followers


https://twitter.com/NDlacrosse

 Library- https://twitter.com/NDLibraries
 Instagram- http://instagram.com/notredame#

 LinkedIn- http://www.linkedin.com/groups/Notre-

Dame-Alumni-Network
Social Media in Business
 2011- 72% of companies reported using







social media for business (Chui)
90% of these reported benefits
(Pilbeam)
Extremely important for marketing/
advertising- all users “likes” and
interests are readily available
Companies are advertising to specific
audiences and generating sales because
of this
Social Commerce sales will reach $30
billion/ year by 2015 with 50% of sales
coming through Social Media (Pilbeam)
Underutilization in Communication

McKinsley 6
What is a Global Social Platform?
Social Media Potential
 Study conducted on the potential value of utilizing Social Media
 Facilitates easier communication within companies
 With knowledge and information more readily available, less time will

be spent on research
 Companies can better invest time and resources to cater to customers
needs as their interests are easily accessible and provide better
customer service
 Companies can co-create projects and share information efficiently
Global Platform Benefits
Stryker Connect
 Allows teams to share projects they are






working on and progress globally
Connects over 22,000 employees in 15
global divisions over one platform (stryker)
Increases productivity & communication
saving valuable time and resources
Utilizes “many to many” sharing
Real life example of Social Media becoming
utilized in business
References
Chui, Michael, James Manyika, and Richard Dobbs. The Social Economy: Unlocking Value and
Productivity through Social Technologies. Rep. N.p.: McKinsley Global Institute, 2012
"Social Media Guidelines." Social Media Guidelines. University of Notre Dame. University of
Notre Dame Office of Public Affairs and Communications, n.d. Web. 06 Dec. 2013.
Schindler, Don. "How Can Social Media Be Incorporated into Your Communications at Notre
Dame?" Web log post. Social Media Training for Executives. N.p., 18 Apr. 2011. Web. 8 Dec. 2013.

"Stryker Connect." Connect.Stryker.com. N.p., n.d. Web. 06 Dec. 2013.
Chui, Mitchell. "The Social Economy." The Social Economy: Unlocking Value and Productivity
through Social Technologies. McKinsley Global Institute, July 2012. Web. 07 Dec. 2013.
Hempel, Jessi. "How Facebook is Taking Over Our Lives” (Features Cover Story)(Cover Story)."
Fortune 159.4 (2009): 48.
Florida, Richard. "Is Social Media Driving the Economy?" The Atlantic 27 Oct. 2010: n. pag. The
Atlantic. 27 Oct. 2010. Web. 3 Oct. 2013.
.
References, Photographs & Infographics
"20 Colleges Making Good Use of Social Media | USA TODAY College." 20
Colleges Making Good Use of Social Media | USA TODAY College.
USA Today, 27 June 2011. Web. 5 Dec. 2013
Haran, Tim. 2013. Photograph. Why Is Social Media Important to Business.
20 Nov. 2013. Web. 5 Dec. 2013.

"Infographic: What Makes Social Media so Influential?" Infographics
Archive. Dashburst, n.d. Web. 06 Dec. 2013.
"Stryker Connect." Connect.Stryker.com. N.p., n.d. Web. 06 Dec. 2013.
Chui, Michael, James Manyika, and Richard Dobbs. The Social Economy:
Unlocking Value and Productivity through Social Technologies.
Rep. N.p.: McKinsley Global Institute, 2012

More Related Content

What's hot

The world of social media
The world of social mediaThe world of social media
The world of social mediaSufian Ijaz
 
A presentation on social networking sites
A presentation on social networking sitesA presentation on social networking sites
A presentation on social networking sitesAmit Kundu
 
edSocialMedia Keynote St. John's Prep
edSocialMedia Keynote St. John's PrepedSocialMedia Keynote St. John's Prep
edSocialMedia Keynote St. John's PrepAntonio Viva
 
BUSINESS COMMUNICATION THROUGH SOCIAL MEDIA
BUSINESS COMMUNICATION THROUGH SOCIAL MEDIABUSINESS COMMUNICATION THROUGH SOCIAL MEDIA
BUSINESS COMMUNICATION THROUGH SOCIAL MEDIARichin Mathew Thomas
 
Flipbook 2-Virginia Parry
Flipbook 2-Virginia ParryFlipbook 2-Virginia Parry
Flipbook 2-Virginia ParryVirginia Parry
 
Facebook Groups: connecting blind and partially sighted people | A change is ...
Facebook Groups: connecting blind and partially sighted people | A change is ...Facebook Groups: connecting blind and partially sighted people | A change is ...
Facebook Groups: connecting blind and partially sighted people | A change is ...CharityComms
 
CFMC on Becoming a Web 2.0 Org
CFMC on Becoming a Web 2.0 OrgCFMC on Becoming a Web 2.0 Org
CFMC on Becoming a Web 2.0 OrgJanet Shing
 
TWU Using Social Media In Your Communication Strategies June 17 2009
TWU Using Social Media In Your Communication Strategies June 17 2009TWU Using Social Media In Your Communication Strategies June 17 2009
TWU Using Social Media In Your Communication Strategies June 17 2009Ryan Williams
 
Seniors and Social Media
Seniors and Social MediaSeniors and Social Media
Seniors and Social MediaBrightStar Care
 
Content and community
Content and communityContent and community
Content and communitySpaceRace
 
Internet and participatory culture opportunities and challenges-ppt
Internet and participatory culture  opportunities and challenges-pptInternet and participatory culture  opportunities and challenges-ppt
Internet and participatory culture opportunities and challenges-pptArulselvan Senthivel
 
Is learning happening (and how) in virtual communities of practice?
Is learning happening (and how) in virtual communities of practice?Is learning happening (and how) in virtual communities of practice?
Is learning happening (and how) in virtual communities of practice?Louise Worsley
 
Participatory Culture
Participatory CultureParticipatory Culture
Participatory Culturevikee pease
 
Media Goes Social
Media Goes SocialMedia Goes Social
Media Goes Socialgloballocal
 
Nonprofit Congress: Innovation
Nonprofit Congress:  InnovationNonprofit Congress:  Innovation
Nonprofit Congress: InnovationBarbaraKelly
 
Introduction To Social Media for CILs
Introduction To Social Media for CILsIntroduction To Social Media for CILs
Introduction To Social Media for CILsMichele Martin
 

What's hot (20)

The world of social media
The world of social mediaThe world of social media
The world of social media
 
A presentation on social networking sites
A presentation on social networking sitesA presentation on social networking sites
A presentation on social networking sites
 
edSocialMedia Keynote St. John's Prep
edSocialMedia Keynote St. John's PrepedSocialMedia Keynote St. John's Prep
edSocialMedia Keynote St. John's Prep
 
BUSINESS COMMUNICATION THROUGH SOCIAL MEDIA
BUSINESS COMMUNICATION THROUGH SOCIAL MEDIABUSINESS COMMUNICATION THROUGH SOCIAL MEDIA
BUSINESS COMMUNICATION THROUGH SOCIAL MEDIA
 
Flipbook 2-Virginia Parry
Flipbook 2-Virginia ParryFlipbook 2-Virginia Parry
Flipbook 2-Virginia Parry
 
Is Social Network Boon or Curse
Is Social Network Boon or CurseIs Social Network Boon or Curse
Is Social Network Boon or Curse
 
Facebook Groups: connecting blind and partially sighted people | A change is ...
Facebook Groups: connecting blind and partially sighted people | A change is ...Facebook Groups: connecting blind and partially sighted people | A change is ...
Facebook Groups: connecting blind and partially sighted people | A change is ...
 
Social media
Social mediaSocial media
Social media
 
CFMC on Becoming a Web 2.0 Org
CFMC on Becoming a Web 2.0 OrgCFMC on Becoming a Web 2.0 Org
CFMC on Becoming a Web 2.0 Org
 
TWU Using Social Media In Your Communication Strategies June 17 2009
TWU Using Social Media In Your Communication Strategies June 17 2009TWU Using Social Media In Your Communication Strategies June 17 2009
TWU Using Social Media In Your Communication Strategies June 17 2009
 
Seniors and Social Media
Seniors and Social MediaSeniors and Social Media
Seniors and Social Media
 
Content and community
Content and communityContent and community
Content and community
 
Internet and participatory culture opportunities and challenges-ppt
Internet and participatory culture  opportunities and challenges-pptInternet and participatory culture  opportunities and challenges-ppt
Internet and participatory culture opportunities and challenges-ppt
 
Is learning happening (and how) in virtual communities of practice?
Is learning happening (and how) in virtual communities of practice?Is learning happening (and how) in virtual communities of practice?
Is learning happening (and how) in virtual communities of practice?
 
Volunteer Trends & Online Engagement
Volunteer Trends & Online EngagementVolunteer Trends & Online Engagement
Volunteer Trends & Online Engagement
 
Participatory Culture
Participatory CultureParticipatory Culture
Participatory Culture
 
Media Goes Social
Media Goes SocialMedia Goes Social
Media Goes Social
 
Nonprofit Congress: Innovation
Nonprofit Congress:  InnovationNonprofit Congress:  Innovation
Nonprofit Congress: Innovation
 
S Ifinaloutline
S IfinaloutlineS Ifinaloutline
S Ifinaloutline
 
Introduction To Social Media for CILs
Introduction To Social Media for CILsIntroduction To Social Media for CILs
Introduction To Social Media for CILs
 

Viewers also liked

Nowy punkt kontaktowy dla klastrów w Rzeszowie - ClusterCOOP 2013
Nowy punkt kontaktowy dla klastrów w Rzeszowie - ClusterCOOP 2013Nowy punkt kontaktowy dla klastrów w Rzeszowie - ClusterCOOP 2013
Nowy punkt kontaktowy dla klastrów w Rzeszowie - ClusterCOOP 2013Przekarpacie
 
Convey How to Use Private Version
Convey How to Use Private VersionConvey How to Use Private Version
Convey How to Use Private VersionMakoto Oshima
 
Convey使用方法団体編
Convey使用方法団体編Convey使用方法団体編
Convey使用方法団体編Makoto Oshima
 
Ppt on aap by sourav maiti
Ppt on aap by sourav maitiPpt on aap by sourav maiti
Ppt on aap by sourav maitiRanjan Maity
 
Po co kampania społeczna w Twoim stowarzyszeniu / fundacji?
Po co kampania społeczna w Twoim stowarzyszeniu / fundacji?Po co kampania społeczna w Twoim stowarzyszeniu / fundacji?
Po co kampania społeczna w Twoim stowarzyszeniu / fundacji?Przekarpacie
 
Buon Natale dal Centro Surgelati!
Buon Natale dal Centro Surgelati!Buon Natale dal Centro Surgelati!
Buon Natale dal Centro Surgelati!Centro Surgelati
 
Jak Dolina Lotnicza skorzysta z punktu kontaktowego dla klastrów?
Jak Dolina Lotnicza skorzysta z punktu kontaktowego dla klastrów?Jak Dolina Lotnicza skorzysta z punktu kontaktowego dla klastrów?
Jak Dolina Lotnicza skorzysta z punktu kontaktowego dla klastrów?Przekarpacie
 

Viewers also liked (13)

Kravchenko andriy
Kravchenko andriyKravchenko andriy
Kravchenko andriy
 
Nowy punkt kontaktowy dla klastrów w Rzeszowie - ClusterCOOP 2013
Nowy punkt kontaktowy dla klastrów w Rzeszowie - ClusterCOOP 2013Nowy punkt kontaktowy dla klastrów w Rzeszowie - ClusterCOOP 2013
Nowy punkt kontaktowy dla klastrów w Rzeszowie - ClusterCOOP 2013
 
Convey How to Use Private Version
Convey How to Use Private VersionConvey How to Use Private Version
Convey How to Use Private Version
 
Convey使用方法団体編
Convey使用方法団体編Convey使用方法団体編
Convey使用方法団体編
 
Ppt on aap by sourav maiti
Ppt on aap by sourav maitiPpt on aap by sourav maiti
Ppt on aap by sourav maiti
 
45544 45560 elephant
45544 45560 elephant45544 45560 elephant
45544 45560 elephant
 
Po co kampania społeczna w Twoim stowarzyszeniu / fundacji?
Po co kampania społeczna w Twoim stowarzyszeniu / fundacji?Po co kampania społeczna w Twoim stowarzyszeniu / fundacji?
Po co kampania społeczna w Twoim stowarzyszeniu / fundacji?
 
ตอง
ตองตอง
ตอง
 
Buon Natale dal Centro Surgelati!
Buon Natale dal Centro Surgelati!Buon Natale dal Centro Surgelati!
Buon Natale dal Centro Surgelati!
 
ตอง
ตองตอง
ตอง
 
Informatica online training
Informatica online trainingInformatica online training
Informatica online training
 
Олігополія
Олігополія Олігополія
Олігополія
 
Jak Dolina Lotnicza skorzysta z punktu kontaktowego dla klastrów?
Jak Dolina Lotnicza skorzysta z punktu kontaktowego dla klastrów?Jak Dolina Lotnicza skorzysta z punktu kontaktowego dla klastrów?
Jak Dolina Lotnicza skorzysta z punktu kontaktowego dla klastrów?
 

Similar to The Social Economy

Seminar paper on social media a case of bangladesh
Seminar paper on social media a case of bangladeshSeminar paper on social media a case of bangladesh
Seminar paper on social media a case of bangladeshShastry Rahman
 
Seminar paper on social media a case of bangladesh
Seminar paper on social media a case of bangladeshSeminar paper on social media a case of bangladesh
Seminar paper on social media a case of bangladeshShastry Rahman
 
Why schools are spooked by social media
Why schools are spooked by social mediaWhy schools are spooked by social media
Why schools are spooked by social mediaDenis Masseni
 
Imkt120 unit1 patterson_kellie
Imkt120 unit1 patterson_kellieImkt120 unit1 patterson_kellie
Imkt120 unit1 patterson_kelliekellievince
 
Unraveling the Social Media Conundrum | A White Paper on Social Media
Unraveling the Social Media Conundrum | A White Paper on Social MediaUnraveling the Social Media Conundrum | A White Paper on Social Media
Unraveling the Social Media Conundrum | A White Paper on Social MediaNabeel Adeni
 
Avinash singh bagri design and development of social media strategies in bank...
Avinash singh bagri design and development of social media strategies in bank...Avinash singh bagri design and development of social media strategies in bank...
Avinash singh bagri design and development of social media strategies in bank...aavi241
 
Avinash Singh Bagri_Design and development of social media strategies in bank...
Avinash Singh Bagri_Design and development of social media strategies in bank...Avinash Singh Bagri_Design and development of social media strategies in bank...
Avinash Singh Bagri_Design and development of social media strategies in bank...Avinash Singh Bagri
 
Social Media in Education A Primer
Social Media in Education A PrimerSocial Media in Education A Primer
Social Media in Education A Primerijtsrd
 
Using Social Media
Using Social MediaUsing Social Media
Using Social Mediaadknepper
 
impact of social media on youth
impact of social media on youthimpact of social media on youth
impact of social media on youthfemeena dobariya
 
Imkt120 orlando unit 1_2nd
Imkt120 orlando unit 1_2ndImkt120 orlando unit 1_2nd
Imkt120 orlando unit 1_2ndorlymilo
 
What I Learned About #SocialMedia Editing Social Works
What I Learned About #SocialMedia Editing Social WorksWhat I Learned About #SocialMedia Editing Social Works
What I Learned About #SocialMedia Editing Social WorksMichael Stoner
 
20130318 socialmediaingov-craigthomler-130319003343-phpapp02
20130318 socialmediaingov-craigthomler-130319003343-phpapp0220130318 socialmediaingov-craigthomler-130319003343-phpapp02
20130318 socialmediaingov-craigthomler-130319003343-phpapp02Fayecel Abdelkarim
 
20130318 socialmediaingov-craigthomler-130319003343-phpapp02
20130318 socialmediaingov-craigthomler-130319003343-phpapp0220130318 socialmediaingov-craigthomler-130319003343-phpapp02
20130318 socialmediaingov-craigthomler-130319003343-phpapp02Fayecel Abdelkarim
 
Social Media Relations: Navigating The Shift From Traditional To New Media
Social Media Relations: Navigating The Shift From Traditional To New MediaSocial Media Relations: Navigating The Shift From Traditional To New Media
Social Media Relations: Navigating The Shift From Traditional To New MediaKevin Burkitt
 
Social Networking
Social NetworkingSocial Networking
Social Networkingijtsrd
 
The role of social media in higher education
The role of social media in higher educationThe role of social media in higher education
The role of social media in higher educationSue Beckingham
 
Social media in government
Social media in governmentSocial media in government
Social media in governmentCraig Thomler
 
Ict For Success - social media May09
Ict For Success - social media May09Ict For Success - social media May09
Ict For Success - social media May09Julie Hawker
 

Similar to The Social Economy (20)

Seminar paper on social media a case of bangladesh
Seminar paper on social media a case of bangladeshSeminar paper on social media a case of bangladesh
Seminar paper on social media a case of bangladesh
 
Seminar paper on social media a case of bangladesh
Seminar paper on social media a case of bangladeshSeminar paper on social media a case of bangladesh
Seminar paper on social media a case of bangladesh
 
Why schools are spooked by social media
Why schools are spooked by social mediaWhy schools are spooked by social media
Why schools are spooked by social media
 
Imkt120 unit1 patterson_kellie
Imkt120 unit1 patterson_kellieImkt120 unit1 patterson_kellie
Imkt120 unit1 patterson_kellie
 
Unraveling the Social Media Conundrum | A White Paper on Social Media
Unraveling the Social Media Conundrum | A White Paper on Social MediaUnraveling the Social Media Conundrum | A White Paper on Social Media
Unraveling the Social Media Conundrum | A White Paper on Social Media
 
Avinash singh bagri design and development of social media strategies in bank...
Avinash singh bagri design and development of social media strategies in bank...Avinash singh bagri design and development of social media strategies in bank...
Avinash singh bagri design and development of social media strategies in bank...
 
Avinash Singh Bagri_Design and development of social media strategies in bank...
Avinash Singh Bagri_Design and development of social media strategies in bank...Avinash Singh Bagri_Design and development of social media strategies in bank...
Avinash Singh Bagri_Design and development of social media strategies in bank...
 
Social Media in Education A Primer
Social Media in Education A PrimerSocial Media in Education A Primer
Social Media in Education A Primer
 
Using Social Media
Using Social MediaUsing Social Media
Using Social Media
 
impact of social media on youth
impact of social media on youthimpact of social media on youth
impact of social media on youth
 
Imkt120 orlando unit 1_2nd
Imkt120 orlando unit 1_2ndImkt120 orlando unit 1_2nd
Imkt120 orlando unit 1_2nd
 
Social Media for Disseminating Research
Social Media for Disseminating ResearchSocial Media for Disseminating Research
Social Media for Disseminating Research
 
What I Learned About #SocialMedia Editing Social Works
What I Learned About #SocialMedia Editing Social WorksWhat I Learned About #SocialMedia Editing Social Works
What I Learned About #SocialMedia Editing Social Works
 
20130318 socialmediaingov-craigthomler-130319003343-phpapp02
20130318 socialmediaingov-craigthomler-130319003343-phpapp0220130318 socialmediaingov-craigthomler-130319003343-phpapp02
20130318 socialmediaingov-craigthomler-130319003343-phpapp02
 
20130318 socialmediaingov-craigthomler-130319003343-phpapp02
20130318 socialmediaingov-craigthomler-130319003343-phpapp0220130318 socialmediaingov-craigthomler-130319003343-phpapp02
20130318 socialmediaingov-craigthomler-130319003343-phpapp02
 
Social Media Relations: Navigating The Shift From Traditional To New Media
Social Media Relations: Navigating The Shift From Traditional To New MediaSocial Media Relations: Navigating The Shift From Traditional To New Media
Social Media Relations: Navigating The Shift From Traditional To New Media
 
Social Networking
Social NetworkingSocial Networking
Social Networking
 
The role of social media in higher education
The role of social media in higher educationThe role of social media in higher education
The role of social media in higher education
 
Social media in government
Social media in governmentSocial media in government
Social media in government
 
Ict For Success - social media May09
Ict For Success - social media May09Ict For Success - social media May09
Ict For Success - social media May09
 

Recently uploaded

Transcript: New from BookNet Canada for 2024: BNC BiblioShare - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC BiblioShare - Tech Forum 2024Transcript: New from BookNet Canada for 2024: BNC BiblioShare - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC BiblioShare - Tech Forum 2024BookNet Canada
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationSafe Software
 
Connect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck PresentationConnect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck PresentationSlibray Presentation
 
SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024Scott Keck-Warren
 
My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024The Digital Insurer
 
Streamlining Python Development: A Guide to a Modern Project Setup
Streamlining Python Development: A Guide to a Modern Project SetupStreamlining Python Development: A Guide to a Modern Project Setup
Streamlining Python Development: A Guide to a Modern Project SetupFlorian Wilhelm
 
Pigging Solutions in Pet Food Manufacturing
Pigging Solutions in Pet Food ManufacturingPigging Solutions in Pet Food Manufacturing
Pigging Solutions in Pet Food ManufacturingPigging Solutions
 
Designing IA for AI - Information Architecture Conference 2024
Designing IA for AI - Information Architecture Conference 2024Designing IA for AI - Information Architecture Conference 2024
Designing IA for AI - Information Architecture Conference 2024Enterprise Knowledge
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024BookNet Canada
 
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 3652toLead Limited
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitecturePixlogix Infotech
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsMark Billinghurst
 
Scanning the Internet for External Cloud Exposures via SSL Certs
Scanning the Internet for External Cloud Exposures via SSL CertsScanning the Internet for External Cloud Exposures via SSL Certs
Scanning the Internet for External Cloud Exposures via SSL CertsRizwan Syed
 
Key Features Of Token Development (1).pptx
Key  Features Of Token  Development (1).pptxKey  Features Of Token  Development (1).pptx
Key Features Of Token Development (1).pptxLBM Solutions
 
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)Bun (KitWorks Team Study 노별마루 발표 2024.4.22)
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)Wonjun Hwang
 
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersEnhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersThousandEyes
 
Bluetooth Controlled Car with Arduino.pdf
Bluetooth Controlled Car with Arduino.pdfBluetooth Controlled Car with Arduino.pdf
Bluetooth Controlled Car with Arduino.pdfngoud9212
 
Benefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksBenefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksSoftradix Technologies
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Alan Dix
 

Recently uploaded (20)

Transcript: New from BookNet Canada for 2024: BNC BiblioShare - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC BiblioShare - Tech Forum 2024Transcript: New from BookNet Canada for 2024: BNC BiblioShare - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC BiblioShare - Tech Forum 2024
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
 
Connect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck PresentationConnect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck Presentation
 
SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024
 
My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024
 
Streamlining Python Development: A Guide to a Modern Project Setup
Streamlining Python Development: A Guide to a Modern Project SetupStreamlining Python Development: A Guide to a Modern Project Setup
Streamlining Python Development: A Guide to a Modern Project Setup
 
Pigging Solutions in Pet Food Manufacturing
Pigging Solutions in Pet Food ManufacturingPigging Solutions in Pet Food Manufacturing
Pigging Solutions in Pet Food Manufacturing
 
Designing IA for AI - Information Architecture Conference 2024
Designing IA for AI - Information Architecture Conference 2024Designing IA for AI - Information Architecture Conference 2024
Designing IA for AI - Information Architecture Conference 2024
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
 
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC Architecture
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR Systems
 
Scanning the Internet for External Cloud Exposures via SSL Certs
Scanning the Internet for External Cloud Exposures via SSL CertsScanning the Internet for External Cloud Exposures via SSL Certs
Scanning the Internet for External Cloud Exposures via SSL Certs
 
Key Features Of Token Development (1).pptx
Key  Features Of Token  Development (1).pptxKey  Features Of Token  Development (1).pptx
Key Features Of Token Development (1).pptx
 
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)Bun (KitWorks Team Study 노별마루 발표 2024.4.22)
Bun (KitWorks Team Study 노별마루 발표 2024.4.22)
 
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersEnhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
 
Bluetooth Controlled Car with Arduino.pdf
Bluetooth Controlled Car with Arduino.pdfBluetooth Controlled Car with Arduino.pdf
Bluetooth Controlled Car with Arduino.pdf
 
Vulnerability_Management_GRC_by Sohang Sengupta.pptx
Vulnerability_Management_GRC_by Sohang Sengupta.pptxVulnerability_Management_GRC_by Sohang Sengupta.pptx
Vulnerability_Management_GRC_by Sohang Sengupta.pptx
 
Benefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksBenefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other Frameworks
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
 

The Social Economy

  • 1. Unlocking Value and Productivity Through Social Media “SOCIAL MEDIA IS LIKE WATER. ON ITS OWN, WATER DOES SOME THINGS, BUT WHEN COMBINED WITH OTHER COMPOUNDS IT ENABLED THE EVOLUTION OF ALL FORMS OF LIFE.” (SCHINDLER) BOB COLLINS
  • 2. What qualifies as “Social Media?”  “Social media is the collection of online communication channels dedicated to communitybased input, interaction, content-sharing and collaboration.” (Florida)  Includes Facebook, Twitter, Google+, Instagram, Youtube LinkedIn, Reddit, Pintrest, Wikipedia, Yelp, etc.
  • 3. Notre Dame’s Definition  “A term used to describe a variety of Web-based platforms, applications and technologies that enable people to socially interact with one another online. These social media sites help individuals find others with similar interests and interact with them through networking and sharing information and knowledge.” (ND communications)  Social media also allows for easy sharing and re-purposing of existing content, thereby expanding the reach of your work and enabling others to share it with their friends and networks.
  • 4. Why is Social Media important?  1 in 5 minutes online is spent on social media sites (Chui)  500 billion minutes spent on Facebook per month     (Hempel) Last year was 150 billion minutes- 233% growth If Facebook were a country, it’d be the 3rd largest in population, only behind China and India (Schindler) 24 hours of video uploaded every minute on Youtube (Hempel) 95% of companies using LinkedIn to recruit (Florida)  Most importantly- Area to share knowledge and progress as well as improve communication
  • 10. Notre Dame’s use of Social Media  Currently ranked #1 in making good use of social media (USA Today)  “Notre Dame news, libraries, alumni, and other accounts can be found throughout the social web, including Facebook and Twitter. Even if you’re just a fan of Notre Dame athletics, the school has something to offer you, with Irish Alert text messaging, as well as Twitter and Facebook pages for almost every sport.” (Office of Communications)
  • 11. Notre Dame Social Media  https://twitter.com/NotreDame 37,000 followers  https://www.facebook.com/notredame  Athletic Teams https://twitter.com/NDFootball 73,000 followers  https://twitter.com/NDlacrosse  Library- https://twitter.com/NDLibraries  Instagram- http://instagram.com/notredame#  LinkedIn- http://www.linkedin.com/groups/Notre- Dame-Alumni-Network
  • 12. Social Media in Business  2011- 72% of companies reported using     social media for business (Chui) 90% of these reported benefits (Pilbeam) Extremely important for marketing/ advertising- all users “likes” and interests are readily available Companies are advertising to specific audiences and generating sales because of this Social Commerce sales will reach $30 billion/ year by 2015 with 50% of sales coming through Social Media (Pilbeam)
  • 14. What is a Global Social Platform?
  • 15. Social Media Potential  Study conducted on the potential value of utilizing Social Media  Facilitates easier communication within companies  With knowledge and information more readily available, less time will be spent on research  Companies can better invest time and resources to cater to customers needs as their interests are easily accessible and provide better customer service  Companies can co-create projects and share information efficiently
  • 17. Stryker Connect  Allows teams to share projects they are     working on and progress globally Connects over 22,000 employees in 15 global divisions over one platform (stryker) Increases productivity & communication saving valuable time and resources Utilizes “many to many” sharing Real life example of Social Media becoming utilized in business
  • 18. References Chui, Michael, James Manyika, and Richard Dobbs. The Social Economy: Unlocking Value and Productivity through Social Technologies. Rep. N.p.: McKinsley Global Institute, 2012 "Social Media Guidelines." Social Media Guidelines. University of Notre Dame. University of Notre Dame Office of Public Affairs and Communications, n.d. Web. 06 Dec. 2013. Schindler, Don. "How Can Social Media Be Incorporated into Your Communications at Notre Dame?" Web log post. Social Media Training for Executives. N.p., 18 Apr. 2011. Web. 8 Dec. 2013. "Stryker Connect." Connect.Stryker.com. N.p., n.d. Web. 06 Dec. 2013. Chui, Mitchell. "The Social Economy." The Social Economy: Unlocking Value and Productivity through Social Technologies. McKinsley Global Institute, July 2012. Web. 07 Dec. 2013. Hempel, Jessi. "How Facebook is Taking Over Our Lives” (Features Cover Story)(Cover Story)." Fortune 159.4 (2009): 48. Florida, Richard. "Is Social Media Driving the Economy?" The Atlantic 27 Oct. 2010: n. pag. The Atlantic. 27 Oct. 2010. Web. 3 Oct. 2013. .
  • 19. References, Photographs & Infographics "20 Colleges Making Good Use of Social Media | USA TODAY College." 20 Colleges Making Good Use of Social Media | USA TODAY College. USA Today, 27 June 2011. Web. 5 Dec. 2013 Haran, Tim. 2013. Photograph. Why Is Social Media Important to Business. 20 Nov. 2013. Web. 5 Dec. 2013. "Infographic: What Makes Social Media so Influential?" Infographics Archive. Dashburst, n.d. Web. 06 Dec. 2013. "Stryker Connect." Connect.Stryker.com. N.p., n.d. Web. 06 Dec. 2013. Chui, Michael, James Manyika, and Richard Dobbs. The Social Economy: Unlocking Value and Productivity through Social Technologies. Rep. N.p.: McKinsley Global Institute, 2012