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Leveraging the Power of   to Improve Retail
Employee Social Networks    Performance
Whatā€©isā€©Enterpriseā€©2.0?
                                                                                  Webā€©2.0ā€©technologiesā€©ā€ā€©includingā€©socialā€©
                                                                                  networks,ā€©blogs,ā€©wikis,ā€©discussionā€©forumsā€©
                                                                                  andā€©microā€bloggingā€©ā€ā€©appliedā€©insideā€©theā€©
                         Poten0alā€©Ties                                            enterpriseā€©toā€©improveā€©communicaTonā€©andā€©
                                                                                  collaboraTonā€©among:
                            Weakā€©Ties                                                   Strongā€©Ties
                                                                                        ā€¢ Employeesā€©inā€©theā€©sameā€©department,ā€©
                                                                                           storeā€©orā€©districtā€©whoā€©collaborateā€©onā€©aā€©
                           Strongā€©Ties                                                     commonā€©businessā€©process

                                                                                        Weakā€©Ties
                                                                                        ā€¢ Extendedā€©Network
                                                                                        ā€¢ Aā€©sourceā€©ofā€©signiļ¬cantā€©value,ā€©freshā€©
                                                                                          ideas,ā€©nonā€redundantā€©informaTon

                                                                                        Poten0alā€©Ties
                                                                                        ā€¢ RelaTonshipsā€©thatā€©doā€©notā€©existā€©butā€©haveā€©
                                                                                          potenTalā€©toā€©provideā€©signiļ¬cantā€©beneļ¬ts

Sources:
Markā€©Granove6erā€©ā€ā€©"Theā€©Strengthā€©ofā€©Weakā€©Ties",ā€©Americanā€©Journalā€©ofā€©Sociologyā€©78ā€©(6):ā€©1360ā€1380,ā€©Mayā€©1973
Andrewā€©McAfee,ā€©Harvardā€©Businessā€©School,ā€©Howā€©toā€©Hitā€©theā€©Enterpriseā€©2.0ā€©Bullseyeā€©ā€ā€©h6p://andrewmcafee.org
Powerā€©ofā€©Employeeā€©Socialā€©Networks

                          OPPORTUNITY
                          helpā€©yourā€©smartā€©peopleā€©
                          inā€©locaTonsā€©acrossā€©theā€©
                          globeā€©connect,ā€©shareā€©
                          andā€©discoverā€©relevantā€©
                          knowledge,ā€©fasterā€©andā€©
                          moreā€©eļ¬ƒcientlyā€©thanā€©
                          yourā€©compeTTon

                          OUTCOME
                          improveā€©employeeā€©andā€©
                          retailā€©performance,ā€©andā€©
                          gainā€©aā€©compeTTveā€©
                          advantage
Whyā€©Shouldā€©Retailersā€©Care?
      Retailā€©Challenge                        Impact
                              ā€¢   Sameā€©problemsā€©areā€©solvedā€©manyā€©Tmes
Largeā€©numberā€©ofā€©employeesā€©
                              ā€¢   Sameā€©mistakesā€©areā€©made
performingā€©theā€©sameā€©jobā€©inā€©
                              ā€¢   Inconsistentā€©performance
diļ¬€erentā€©locaTons             ā€¢   Inconsistentā€©customerā€©experience
Whyā€©Shouldā€©Retailersā€©Care?
      Retailā€©Challenge                          Impact
                               ā€¢   Sameā€©problemsā€©areā€©solvedā€©manyā€©Tmes
Largeā€©numberā€©ofā€©employeesā€©
                               ā€¢   Sameā€©mistakesā€©areā€©made
performingā€©theā€©sameā€©jobā€©inā€©
                               ā€¢   Inconsistentā€©performance
diļ¬€erentā€©locaTons              ā€¢   Inconsistentā€©customerā€©experience

Manyā€©layersā€©inā€©organizaTonā€©    ā€¢ Valuableā€©insightsā€©andā€©ideasā€©atā€©storeā€©levelā€©areā€©
betweenā€©corporateā€©andā€©storeā€     notā€©sharedā€©withā€©corporateā€©decisionā€©makers
levelā€©employees
Whyā€©Shouldā€©Retailersā€©Care?
      Retailā€©Challenge                          Impact
                               ā€¢   Sameā€©problemsā€©areā€©solvedā€©manyā€©Tmes
Largeā€©numberā€©ofā€©employeesā€©
                               ā€¢   Sameā€©mistakesā€©areā€©made
performingā€©theā€©sameā€©jobā€©inā€©
                               ā€¢   Inconsistentā€©performance
diļ¬€erentā€©locaTons              ā€¢   Inconsistentā€©customerā€©experience

Manyā€©layersā€©inā€©organizaTonā€©    ā€¢ Valuableā€©insightsā€©andā€©ideasā€©atā€©theā€©storeā€©levelā€©
betweenā€©corporateā€©andā€©storeā€     areā€©notā€©sharedā€©withā€©corporateā€©decisionā€©
levelā€©employees                  makers


CommunicaTonā€©toolsā€©toā€©         ā€¢ Knowledgeā€©andā€©informaTonā€©remainsā€©inā€©
connectā€©employeesā€©doā€©notā€©        employeesā€™ā€©heads,ā€©andā€©rarelyā€©travelsā€©
existā€©orā€©areā€©inadequate          outsideā€©ofā€©theā€©storeā€©orā€©districtā€©
Whyā€©Shouldā€©Retailersā€©Care?
      Retailā€©Challenge                          Impact
                               ā€¢   Sameā€©problemsā€©areā€©solvedā€©manyā€©Tmes
Largeā€©numberā€©ofā€©employeesā€©
                               ā€¢   Sameā€©mistakesā€©areā€©made
performingā€©theā€©sameā€©jobā€©inā€©
                               ā€¢   Inconsistentā€©performance
diļ¬€erentā€©locaTons              ā€¢   Inconsistentā€©customerā€©experience

Manyā€©layersā€©inā€©organizaTonā€©    ā€¢ Valuableā€©insightsā€©andā€©ideasā€©atā€©theā€©storeā€©levelā€©
betweenā€©corporateā€©andā€©storeā€     areā€©notā€©sharedā€©withā€©corporateā€©decisionā€©
levelā€©employees                  makers


CommunicaTonā€©toolsā€©toā€©         ā€¢ Knowledgeā€©andā€©informaTonā€©remainsā€©inā€©
connectā€©employeesā€©doā€©notā€©        employeesā€™ā€©heads,ā€©andā€©rarelyā€©travelsā€©
existā€©orā€©areā€©inadequate          outsideā€©ofā€©theā€©storeā€©orā€©districtā€©

                               ā€¢ Highā€©costā€©ofā€©training
Highā€©employeeā€©turnover
                               ā€¢ Lostā€©knowledgeā€©andā€©experTse
                               ā€¢ Diļ¬ƒcultā€©toā€©establishā€©consistentā€©culture
Beneļ¬tsā€©ofā€©Employeeā€©Socialā€©Networks

                          CONNECTā€©
                          companyā€©workforceā€©
                          whoā€©otherwiseā€©wouldā€©
                          notā€©communicate

                           ā€¢ expandā€©networkā€©andā€©
                             resourceā€©ofā€©averageā€©
                             employee
                           ā€¢ enableā€©easierā€©
                             discussionā€©andā€©
                             problemā€solvingā€©
                           ā€¢ be6erā€©serveā€©
                             customerā€©andā€©sellā€©
                             moreā€©stuļ¬€
Beneļ¬tsā€©ofā€©Employeeā€©Socialā€©Networks

                          SHAREā€©
                          makeā€©valuableā€©
                          knowledgeā€©andā€©
                          informaTonā€©readilyā€©
                          available

                          ā€¢ allowā€©quickerā€©transferā€©
                            ofā€©informaTon
                          ā€¢ captureā€©criTcalā€©
                            insightsā€©longā€term
                          ā€¢ makeā€©be6erā€©businessā€©
                            decisionsā€©faster
Beneļ¬tsā€©ofā€©Employeeā€©Socialā€©Networks

                          DISCOVERā€©
                          newā€©informaTonā€©andā€©
                          ideasā€©thatā€©canā€©helpā€©
                          employeesā€©performā€©
                          be6er

                          ā€¢ greatlyā€©increaseā€©theā€©
                            resourcesā€©andā€©
                            knowledgeā€©availableā€©
                            toā€©eachā€©employee
                          ā€¢ helpā€©employeesā€©takeā€©
                            iniTaTveā€©andā€©beā€©
                            moreā€©proacTveā€©
                          ā€¢ makeā€©yourā€©companyā€©
                            evenā€©smarter
Employeeā€©Socialā€©Networkingā€©Features

collabora0on   socialā€©newsfeed         statusā€©updates
ra0ngs   repor0ng       interestā€©andā€©expertā€©matching
visualiza0onā€©tools RSS      proļ¬les     commen0ng
search    APIs realā€0meā€©conversa0on groups
ļ¬leā€©sharing tagging wikis blogs calendar

subscrip0ons    liveā€©chat    polling     discussions
targetedā€©messaging   topā€©contributorsā€©andā€©content
                                            11
Valueā€©forā€©Retailā€©OrganizaTons

Storeā€©Opera0ons                                                    Customerā€©Experience
Increaseā€©Storeā€©Proļ¬tabilityā€©byā€©improvingā€©            Increaseā€©salesā€©conversionā€©byā€©understandingā€©
producTvityā€©andā€©productā€©ļ¬‚ow.                                    andā€©addressingā€©customerā€©needs.
ā€¢ Shareā€©Bestā€©PracTces                                                 ā€¢ Captureā€©&ā€©shareā€©
ā€¢ Findā€©answersā€©toā€©                                                      customerā€©insights
                                 Store               Customer
  quesTonsā€©ā€ā€©FAST             Opera0ons             Experience        ā€¢ Provideā€©informaTonā€©
ā€¢ IdenTfyā€©&ā€©engageā€©topā€©                                                 storeā€levelā€©employeesā€©
  performers                             Employeeā€©                      needā€©toā€©helpā€©customer
                                       Socialā€©Network                 ā€¢ Streamlineā€©operaTons,ā€©
ā€¢ Getā€©ļ¬eldā€©managementā€©
  onā€©theā€©sameā€©pageā€©andā€©                                                 allowingā€©associatesā€©toā€©
                                                      Product
  workingā€©togetherā€©asā€©aā€©     Merchandisingā€©                             focusā€©onā€©theā€©customer
                                                  Developmentā€©
  team                        &ā€©Planning                              ā€¢ Createā€©aā€©commonā€©
                                                    &ā€©Sourcing
                                                                        cultureā€©builtā€©aroundā€©theā€©
                                                                        customer
Valueā€©forā€©Retailā€©OrganizaTons



Merchandisingā€©&ā€©                                                 Productā€©
Planning                        Store               Customer     Development
Haveā€©theā€©rightā€©productā€©inā€©    OperaTons            Experience    Deliverā€©productsā€©withā€©
theā€©rightā€©placeā€©atā€©theā€©                                          improvedā€©innovaTon,ā€©
rightā€©Tme.                               Employeeā€©               speed,ā€©qualityā€©andā€©value.
                                       Socialā€©Network
ā€¢ Understandā€©localā€©                                              ā€¢ Sparkā€©innovaTonā€©byā€©
  markets                                           Product         tappingā€©newā€©ideaā€©
ā€¢ Collaborateā€©toā€©ensureā€©     Merchandisingā€©                         sources
                                                  Developmentā€©
  successfulā€©programā€©         &ā€©Planning                         ā€¢ Gainā€©rapidā€©feedbackā€©onā€©
                                                   &ā€©Sourcing
  execuTon                                                         newā€©productā€©concepts
                                                                 ā€¢ Improveā€©Supplierā€©
                                                                   Managementā€©throughā€©
                                                                   be6erā€©informaTon
Aboutā€©Leverageā€©Sonware
                   ā€¢ Foundedā€©inā€©2003
                   ā€¢ Headquartersā€©inā€©Sanā€©
                     Francisco,ā€©CA
                   ā€¢ Wellā€fundedā€©andā€©proļ¬table
                   ā€¢ 400ā€©clientsā€©ā€ā€©100%ā€©
                     referenceableā€©
                   ā€¢ 100ā€©newā€©clientsā€©perā€©year

                     Learnā€©more:
                     www.leveragesonware.com
                     www.twi6er.com/leverage
Ourā€©Clients
Trustedā€©byā€©400ā€©ofā€©theā€©smartestā€©organiza0onsā€©inā€©theā€©world,ā€©including:
Weā€©likeā€©whenā€©peopleā€©shareā€©andā€©remixā€©ourā€©work.
  Feelā€©freeā€©toā€©citeā€©usā€©(butā€©youā€©donā€™tā€©haveā€©to).
Forā€©anā€©easyā€toā€editā€©PPTā€©orā€©Keynoteā€©version,ā€©emailā€©Amberā€©atā€©amber@leveragesonware.com.ā€©
                                    Sheā€™llā€©hookā€©youā€©up.                    16

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Employee Social Networks For Retail

  • 1. Leveraging the Power of to Improve Retail Employee Social Networks Performance
  • 2. Whatā€©isā€©Enterpriseā€©2.0? Webā€©2.0ā€©technologiesā€©ā€ā€©includingā€©socialā€© networks,ā€©blogs,ā€©wikis,ā€©discussionā€©forumsā€© andā€©microā€bloggingā€©ā€ā€©appliedā€©insideā€©theā€© Poten0alā€©Ties enterpriseā€©toā€©improveā€©communicaTonā€©andā€© collaboraTonā€©among: Weakā€©Ties Strongā€©Ties ā€¢ Employeesā€©inā€©theā€©sameā€©department,ā€© storeā€©orā€©districtā€©whoā€©collaborateā€©onā€©aā€© Strongā€©Ties commonā€©businessā€©process Weakā€©Ties ā€¢ Extendedā€©Network ā€¢ Aā€©sourceā€©ofā€©signiļ¬cantā€©value,ā€©freshā€© ideas,ā€©nonā€redundantā€©informaTon Poten0alā€©Ties ā€¢ RelaTonshipsā€©thatā€©doā€©notā€©existā€©butā€©haveā€© potenTalā€©toā€©provideā€©signiļ¬cantā€©beneļ¬ts Sources: Markā€©Granove6erā€©ā€ā€©"Theā€©Strengthā€©ofā€©Weakā€©Ties",ā€©Americanā€©Journalā€©ofā€©Sociologyā€©78ā€©(6):ā€©1360ā€1380,ā€©Mayā€©1973 Andrewā€©McAfee,ā€©Harvardā€©Businessā€©School,ā€©Howā€©toā€©Hitā€©theā€©Enterpriseā€©2.0ā€©Bullseyeā€©ā€ā€©h6p://andrewmcafee.org
  • 3. Powerā€©ofā€©Employeeā€©Socialā€©Networks OPPORTUNITY helpā€©yourā€©smartā€©peopleā€© inā€©locaTonsā€©acrossā€©theā€© globeā€©connect,ā€©shareā€© andā€©discoverā€©relevantā€© knowledge,ā€©fasterā€©andā€© moreā€©eļ¬ƒcientlyā€©thanā€© yourā€©compeTTon OUTCOME improveā€©employeeā€©andā€© retailā€©performance,ā€©andā€© gainā€©aā€©compeTTveā€© advantage
  • 4. Whyā€©Shouldā€©Retailersā€©Care? Retailā€©Challenge Impact ā€¢ Sameā€©problemsā€©areā€©solvedā€©manyā€©Tmes Largeā€©numberā€©ofā€©employeesā€© ā€¢ Sameā€©mistakesā€©areā€©made performingā€©theā€©sameā€©jobā€©inā€© ā€¢ Inconsistentā€©performance diļ¬€erentā€©locaTons ā€¢ Inconsistentā€©customerā€©experience
  • 5. Whyā€©Shouldā€©Retailersā€©Care? Retailā€©Challenge Impact ā€¢ Sameā€©problemsā€©areā€©solvedā€©manyā€©Tmes Largeā€©numberā€©ofā€©employeesā€© ā€¢ Sameā€©mistakesā€©areā€©made performingā€©theā€©sameā€©jobā€©inā€© ā€¢ Inconsistentā€©performance diļ¬€erentā€©locaTons ā€¢ Inconsistentā€©customerā€©experience Manyā€©layersā€©inā€©organizaTonā€© ā€¢ Valuableā€©insightsā€©andā€©ideasā€©atā€©storeā€©levelā€©areā€© betweenā€©corporateā€©andā€©storeā€ notā€©sharedā€©withā€©corporateā€©decisionā€©makers levelā€©employees
  • 6. Whyā€©Shouldā€©Retailersā€©Care? Retailā€©Challenge Impact ā€¢ Sameā€©problemsā€©areā€©solvedā€©manyā€©Tmes Largeā€©numberā€©ofā€©employeesā€© ā€¢ Sameā€©mistakesā€©areā€©made performingā€©theā€©sameā€©jobā€©inā€© ā€¢ Inconsistentā€©performance diļ¬€erentā€©locaTons ā€¢ Inconsistentā€©customerā€©experience Manyā€©layersā€©inā€©organizaTonā€© ā€¢ Valuableā€©insightsā€©andā€©ideasā€©atā€©theā€©storeā€©levelā€© betweenā€©corporateā€©andā€©storeā€ areā€©notā€©sharedā€©withā€©corporateā€©decisionā€© levelā€©employees makers CommunicaTonā€©toolsā€©toā€© ā€¢ Knowledgeā€©andā€©informaTonā€©remainsā€©inā€© connectā€©employeesā€©doā€©notā€© employeesā€™ā€©heads,ā€©andā€©rarelyā€©travelsā€© existā€©orā€©areā€©inadequate outsideā€©ofā€©theā€©storeā€©orā€©districtā€©
  • 7. Whyā€©Shouldā€©Retailersā€©Care? Retailā€©Challenge Impact ā€¢ Sameā€©problemsā€©areā€©solvedā€©manyā€©Tmes Largeā€©numberā€©ofā€©employeesā€© ā€¢ Sameā€©mistakesā€©areā€©made performingā€©theā€©sameā€©jobā€©inā€© ā€¢ Inconsistentā€©performance diļ¬€erentā€©locaTons ā€¢ Inconsistentā€©customerā€©experience Manyā€©layersā€©inā€©organizaTonā€© ā€¢ Valuableā€©insightsā€©andā€©ideasā€©atā€©theā€©storeā€©levelā€© betweenā€©corporateā€©andā€©storeā€ areā€©notā€©sharedā€©withā€©corporateā€©decisionā€© levelā€©employees makers CommunicaTonā€©toolsā€©toā€© ā€¢ Knowledgeā€©andā€©informaTonā€©remainsā€©inā€© connectā€©employeesā€©doā€©notā€© employeesā€™ā€©heads,ā€©andā€©rarelyā€©travelsā€© existā€©orā€©areā€©inadequate outsideā€©ofā€©theā€©storeā€©orā€©districtā€© ā€¢ Highā€©costā€©ofā€©training Highā€©employeeā€©turnover ā€¢ Lostā€©knowledgeā€©andā€©experTse ā€¢ Diļ¬ƒcultā€©toā€©establishā€©consistentā€©culture
  • 8. Beneļ¬tsā€©ofā€©Employeeā€©Socialā€©Networks CONNECTā€© companyā€©workforceā€© whoā€©otherwiseā€©wouldā€© notā€©communicate ā€¢ expandā€©networkā€©andā€© resourceā€©ofā€©averageā€© employee ā€¢ enableā€©easierā€© discussionā€©andā€© problemā€solvingā€© ā€¢ be6erā€©serveā€© customerā€©andā€©sellā€© moreā€©stuļ¬€
  • 9. Beneļ¬tsā€©ofā€©Employeeā€©Socialā€©Networks SHAREā€© makeā€©valuableā€© knowledgeā€©andā€© informaTonā€©readilyā€© available ā€¢ allowā€©quickerā€©transferā€© ofā€©informaTon ā€¢ captureā€©criTcalā€© insightsā€©longā€term ā€¢ makeā€©be6erā€©businessā€© decisionsā€©faster
  • 10. Beneļ¬tsā€©ofā€©Employeeā€©Socialā€©Networks DISCOVERā€© newā€©informaTonā€©andā€© ideasā€©thatā€©canā€©helpā€© employeesā€©performā€© be6er ā€¢ greatlyā€©increaseā€©theā€© resourcesā€©andā€© knowledgeā€©availableā€© toā€©eachā€©employee ā€¢ helpā€©employeesā€©takeā€© iniTaTveā€©andā€©beā€© moreā€©proacTveā€© ā€¢ makeā€©yourā€©companyā€© evenā€©smarter
  • 11. Employeeā€©Socialā€©Networkingā€©Features collabora0on socialā€©newsfeed statusā€©updates ra0ngs repor0ng interestā€©andā€©expertā€©matching visualiza0onā€©tools RSS proļ¬les commen0ng search APIs realā€0meā€©conversa0on groups ļ¬leā€©sharing tagging wikis blogs calendar subscrip0ons liveā€©chat polling discussions targetedā€©messaging topā€©contributorsā€©andā€©content 11
  • 12. Valueā€©forā€©Retailā€©OrganizaTons Storeā€©Opera0ons Customerā€©Experience Increaseā€©Storeā€©Proļ¬tabilityā€©byā€©improvingā€© Increaseā€©salesā€©conversionā€©byā€©understandingā€© producTvityā€©andā€©productā€©ļ¬‚ow. andā€©addressingā€©customerā€©needs. ā€¢ Shareā€©Bestā€©PracTces ā€¢ Captureā€©&ā€©shareā€© ā€¢ Findā€©answersā€©toā€© customerā€©insights Store Customer quesTonsā€©ā€ā€©FAST Opera0ons Experience ā€¢ Provideā€©informaTonā€© ā€¢ IdenTfyā€©&ā€©engageā€©topā€© storeā€levelā€©employeesā€© performers Employeeā€© needā€©toā€©helpā€©customer Socialā€©Network ā€¢ Streamlineā€©operaTons,ā€© ā€¢ Getā€©ļ¬eldā€©managementā€© onā€©theā€©sameā€©pageā€©andā€© allowingā€©associatesā€©toā€© Product workingā€©togetherā€©asā€©aā€© Merchandisingā€© focusā€©onā€©theā€©customer Developmentā€© team &ā€©Planning ā€¢ Createā€©aā€©commonā€© &ā€©Sourcing cultureā€©builtā€©aroundā€©theā€© customer
  • 13. Valueā€©forā€©Retailā€©OrganizaTons Merchandisingā€©&ā€© Productā€© Planning Store Customer Development Haveā€©theā€©rightā€©productā€©inā€© OperaTons Experience Deliverā€©productsā€©withā€© theā€©rightā€©placeā€©atā€©theā€© improvedā€©innovaTon,ā€© rightā€©Tme. Employeeā€© speed,ā€©qualityā€©andā€©value. Socialā€©Network ā€¢ Understandā€©localā€© ā€¢ Sparkā€©innovaTonā€©byā€© markets Product tappingā€©newā€©ideaā€© ā€¢ Collaborateā€©toā€©ensureā€© Merchandisingā€© sources Developmentā€© successfulā€©programā€© &ā€©Planning ā€¢ Gainā€©rapidā€©feedbackā€©onā€© &ā€©Sourcing execuTon newā€©productā€©concepts ā€¢ Improveā€©Supplierā€© Managementā€©throughā€© be6erā€©informaTon
  • 14. Aboutā€©Leverageā€©Sonware ā€¢ Foundedā€©inā€©2003 ā€¢ Headquartersā€©inā€©Sanā€© Francisco,ā€©CA ā€¢ Wellā€fundedā€©andā€©proļ¬table ā€¢ 400ā€©clientsā€©ā€ā€©100%ā€© referenceableā€© ā€¢ 100ā€©newā€©clientsā€©perā€©year Learnā€©more: www.leveragesonware.com www.twi6er.com/leverage