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Contemporary Emerging Themes
        in IS Strategy
     Social Media as an
      Emerging Theme
             Lanre Edward Oladejo
      M.Sc Managing Information Technology
Introduction
 What is Social Media
 Definition
 Top Social Media Platforms
 Benefit of Social Media to Organizations
 Relevance of Social Media
 Random fact about Social Media
 Importance of Social Media
 Case Studies
 Implication for IT


                           Lanre Edward Oladejo   2
Definitions
  “Social Media is different ways which internet
 users interact with one another online, and involving
 activities like creating and commenting on
 blogs, sharing contents or communicating with
 friends via social networking sites” ~ Kirtis &
 Karahan, 2011
 Social Networking is the act of connecting on social
media platforms.
 Social Media Marketing is how businesses join the
conversation in an authentic and transparent way to
build relationships.

                       Lanre Edward Oladejo              3
Top Social media Platforms




  846 Million Users                          464 Million Accounts




150 Million Members                            2 Billion Views Daily


                      Lanre Edward Oladejo                             4
Benefit of Social Media to Organization

 Increase in brand recognition
 Rapid feedback and insight from customers
 Customer satisfaction
 Search engine optimization (SEO)
 Increase in web traffic
 Better service delivery and customer support
 Reduce communication cost
 Monitor market and competitors
                            Lanre Edward Oladejo   5
Why is Social Media Relevant to Organizations?
Where Executive will Invest In Technology




                      363 Businesses from US, UK, India, Japan, China, Mexico, Australia
                                                   Source: Oxford Economic, 2011

                          Lanre Edward Oladejo                                             6
Why is Social Media Relevant to Organizations?
Digital Megatrends




                     363 Businesses from US, UK, India, Japan, China, Mexico, Australia
                                                  Source: Oxford Economic, 2011

                         Lanre Edward Oladejo                                             7
Random Facts and Statistics About Social Media
Facebook
  250 million photos are uploaded every day
  20% of all page views on the web are on Facebook
  425 million mobile users
  100 billion connections
  2.7 billion “likes” per day
  20 Minute time spent per visit            Source: Infographic Labs
                      Lanre Edward Oladejo                         8
Continued…

Twitter

   There are over 465 million accounts
   175 million tweets a day
   1 million accounts are added to Twitter everyday
   33 Billion tweets in 2011
   1 Million accounts added everyday


                                            Source: Infographic Labs
                     Lanre Edward Oladejo                         9
Continued…

LinkedIn
   2 new members join every second
   60% of its members live outside the USA
   In 2011 there were 4.2 billion professionally oriented
  searches on the LinkedIn platform
   LinkedIn now has over 2,116 employees (at the
  beginning of 2010 it had only 500)
   The fastest growing demographics are students and
  recent college graduates
   Revenues for 2011 reached $522 million
                                              Source: Infographic Labs
                       Lanre Edward Oladejo                        10
Continued…
YouTube
   3rd most visited website
   2nd largest search engine
   It handles 10% of the internet’s traffic
   Average YouTube user spends 900 seconds per day
   44% of YouTube’s users are aged between 12 and 34
   Over 829,000 videos are uploaded every day
                                                Source: Speakymagazine.com
                         Lanre Edward Oladejo                           11
Importance to the success of organization in the 21st Century
  Social Media can positively influence work climate
  It can quickly damage organizational reputation
  Social media can Improve brand Loyalty and customer satisfaction
  Organisations on social media are perceived as having good PR

Case Studies
  You Can Learn From "Dell Hell." Dell Did
  How Toyota Used Social Media To “Digg” Itself Out of a PR Nightmare



                               Lanre Edward Oladejo                      12
Implication For IT

 Adapt to change within the organization
 Monitor trends continuously
 Formulate social media usage policy
 Create awareness on risk and privacy issue
 Business data protection




                     Lanre Edward Oladejo      13
References
•Langheinrich M., Karjoth G. (2010). Social networking and the risk to companies and institutions. Information
Security Technical Report. Volume 15. Issue 2. Pages 51-56.

•Kirtis A., Karahan F. (2011). To Be or Not to Be in Social Media Arena as the Most Cost-Efficient Marketing Strategy
after the Global Recession. Procedia - Social and Behavioral Sciences. Volume 24.Pages 260-268.

•Jason Falls. (December 13, 2011). WHY DELL IS STILL A GREAT CASE STUDY. Available:
http://www.socialmediaexplorer.com/social-media-marketing/why-dell-is-a-great-case-study/. Last accessed 4th
July 2012.
•Splashpress Media. (2012). Social Media Statistics. Available: http://infographiclabs.com/. Last accessed 4th July
2012.

•ISACA (2010) Social Media: Business Benefits and Security, Governance and Assurance Perspectives: An ISACA
Emerging Technology White Paper http://www.brandprotect.com/resources/Social-Media-Wh-Paper-26-May10-
Research.pdf/ . Last accessed 3th July 2012.

•Oxford Economics (2011) The New Digital Economy, How it will transform business: A research paper produced in
collaboration with AT&T, Cisco, Citi, PwC &SAP http://www.oef.com/ . . Last accessed 5th July 2012.

•Jeff Jarvis. (August 17, 2005). Dear Mr. Dell . Available: http://buzzmachine.com/2005/08/17/dear-mr-dell/. Last
accessed 4th July 2012.

•Todd Wasserman. (September 1, 2011). How Toyota Used Social Media To “Digg” Itself Out of a PR
Nightmare. Available: http://mashable.com/2011/09/01/toyota-digg-recalls/. Last accessed 6th July 2012.
Photo Credits: Google Image, Video Credit: YouTube and Dell
                                                 Lanre Edward Oladejo                                             15
Thank You



  Lanre Edward Oladejo   16

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Contemporary Emerging Themes in Information System Strategy

  • 1. Contemporary Emerging Themes in IS Strategy Social Media as an Emerging Theme Lanre Edward Oladejo M.Sc Managing Information Technology
  • 2. Introduction  What is Social Media  Definition  Top Social Media Platforms  Benefit of Social Media to Organizations  Relevance of Social Media  Random fact about Social Media  Importance of Social Media  Case Studies  Implication for IT Lanre Edward Oladejo 2
  • 3. Definitions  “Social Media is different ways which internet users interact with one another online, and involving activities like creating and commenting on blogs, sharing contents or communicating with friends via social networking sites” ~ Kirtis & Karahan, 2011  Social Networking is the act of connecting on social media platforms.  Social Media Marketing is how businesses join the conversation in an authentic and transparent way to build relationships. Lanre Edward Oladejo 3
  • 4. Top Social media Platforms 846 Million Users 464 Million Accounts 150 Million Members 2 Billion Views Daily Lanre Edward Oladejo 4
  • 5. Benefit of Social Media to Organization  Increase in brand recognition  Rapid feedback and insight from customers  Customer satisfaction  Search engine optimization (SEO)  Increase in web traffic  Better service delivery and customer support  Reduce communication cost  Monitor market and competitors Lanre Edward Oladejo 5
  • 6. Why is Social Media Relevant to Organizations? Where Executive will Invest In Technology 363 Businesses from US, UK, India, Japan, China, Mexico, Australia Source: Oxford Economic, 2011 Lanre Edward Oladejo 6
  • 7. Why is Social Media Relevant to Organizations? Digital Megatrends 363 Businesses from US, UK, India, Japan, China, Mexico, Australia Source: Oxford Economic, 2011 Lanre Edward Oladejo 7
  • 8. Random Facts and Statistics About Social Media Facebook 250 million photos are uploaded every day 20% of all page views on the web are on Facebook 425 million mobile users 100 billion connections 2.7 billion “likes” per day 20 Minute time spent per visit Source: Infographic Labs Lanre Edward Oladejo 8
  • 9. Continued… Twitter  There are over 465 million accounts  175 million tweets a day  1 million accounts are added to Twitter everyday  33 Billion tweets in 2011  1 Million accounts added everyday Source: Infographic Labs Lanre Edward Oladejo 9
  • 10. Continued… LinkedIn  2 new members join every second  60% of its members live outside the USA  In 2011 there were 4.2 billion professionally oriented searches on the LinkedIn platform  LinkedIn now has over 2,116 employees (at the beginning of 2010 it had only 500)  The fastest growing demographics are students and recent college graduates  Revenues for 2011 reached $522 million Source: Infographic Labs Lanre Edward Oladejo 10
  • 11. Continued… YouTube  3rd most visited website  2nd largest search engine  It handles 10% of the internet’s traffic  Average YouTube user spends 900 seconds per day  44% of YouTube’s users are aged between 12 and 34  Over 829,000 videos are uploaded every day Source: Speakymagazine.com Lanre Edward Oladejo 11
  • 12. Importance to the success of organization in the 21st Century  Social Media can positively influence work climate  It can quickly damage organizational reputation  Social media can Improve brand Loyalty and customer satisfaction  Organisations on social media are perceived as having good PR Case Studies  You Can Learn From "Dell Hell." Dell Did  How Toyota Used Social Media To “Digg” Itself Out of a PR Nightmare Lanre Edward Oladejo 12
  • 13. Implication For IT  Adapt to change within the organization  Monitor trends continuously  Formulate social media usage policy  Create awareness on risk and privacy issue  Business data protection Lanre Edward Oladejo 13
  • 14.
  • 15. References •Langheinrich M., Karjoth G. (2010). Social networking and the risk to companies and institutions. Information Security Technical Report. Volume 15. Issue 2. Pages 51-56. •Kirtis A., Karahan F. (2011). To Be or Not to Be in Social Media Arena as the Most Cost-Efficient Marketing Strategy after the Global Recession. Procedia - Social and Behavioral Sciences. Volume 24.Pages 260-268. •Jason Falls. (December 13, 2011). WHY DELL IS STILL A GREAT CASE STUDY. Available: http://www.socialmediaexplorer.com/social-media-marketing/why-dell-is-a-great-case-study/. Last accessed 4th July 2012. •Splashpress Media. (2012). Social Media Statistics. Available: http://infographiclabs.com/. Last accessed 4th July 2012. •ISACA (2010) Social Media: Business Benefits and Security, Governance and Assurance Perspectives: An ISACA Emerging Technology White Paper http://www.brandprotect.com/resources/Social-Media-Wh-Paper-26-May10- Research.pdf/ . Last accessed 3th July 2012. •Oxford Economics (2011) The New Digital Economy, How it will transform business: A research paper produced in collaboration with AT&T, Cisco, Citi, PwC &SAP http://www.oef.com/ . . Last accessed 5th July 2012. •Jeff Jarvis. (August 17, 2005). Dear Mr. Dell . Available: http://buzzmachine.com/2005/08/17/dear-mr-dell/. Last accessed 4th July 2012. •Todd Wasserman. (September 1, 2011). How Toyota Used Social Media To “Digg” Itself Out of a PR Nightmare. Available: http://mashable.com/2011/09/01/toyota-digg-recalls/. Last accessed 6th July 2012. Photo Credits: Google Image, Video Credit: YouTube and Dell Lanre Edward Oladejo 15
  • 16. Thank You Lanre Edward Oladejo 16

Editor's Notes

  1. There’s no Business that do not mind what happens on the web.