Where Do You Store Your KnowledgeAssets? Ten Percent of SalaryCosts Spent onUseless Searches :Based on surveys ofcorporate middlemanagers, research byIDC and Foresterindicates that for every1,000 employees,companies spend $5million in salary expenseeach year on timewasted looking forinformation that is neverfound.
Where Do You Store Your KnowledgeAssets? When people move toanother team or leavethe organization, theytake their knowledgewith them
Where Do You Store Your KnowledgeAssets? “Cost of EmployeeTurnover” researchby Bliss&Associates:The cost of lostproductivity when anew employee joins theteam. Costs assume aweekly wage of $1000
Working across geographiesThe corporate businesscommunity brings peopletogether from acrossdepartments andgeographies tocollaborate as if they arein the same room
Attracting and Retaining Top Talent Many companiestoday use public socialnetworking tools torecruit top talent fromall over the globethrough referrals,talent searches, andinformal interactions By providing a meansfor enhancedparticipation andstronger engagementwithin theorganization,employees are morelikely to stay at thecompany longer.
Attracting and Retaining Top TalentFrom “Compilation of Turnover Cost Studies” researching ofSASHA Corporation What Does It Cost to Replace an Employee? Industry expertsagree that it can cost anywhere from 25% to 200% of the annualcompensation to fill a position. This figure includes recruiting costs,training, and lost productivity.Costs increase with the level of the position being filled, and they canrun very high for top sales positions.Studies show that replacing a supermarket cashier costsapproximately $4000. Filling a $70,000-per-year position typicallycosts over $100,000.
Calculating the Real Value of EffectiveCollaboration
Calculating the Real Value of EffectiveCollaboration“The State of Employee Engagement 2008, North American Overview”researching of BlessingWhite JC Penny has found that stores scoring highest in employee engagementhave 10% more sales and 36% more operating income than low scoringstores Studies by Gallup and Towers Perrin found that public companies scoringhigh in employee engagement have significantly higher growth in earningsper share than low scoring companies Increasingly managers believe that higher employee engagement drivesimproved business results
Why SharePoint 2013 but othersFeatures• Managed Metadata Service• Advanced routing (w/metadata)• User profiles (My Sites)• Status updates/activity feeds• Knowledge mining• Bookmarks (replaces My Links)• Feedback/rating• Note board (Wall)• Podcasting kit• Social tagging• Expertise tagging• Wikis• Share & Track tab• Individual and team blogs• People and social searchScorecard• Ease of Entry – Internal A+, ExternalC• Discovery B+• Contextual Search B+• Enterprise Content Management B+• Building Communities C• Team Collaboration A• Real-Time Connections B• Cost D• Extensibility A
Excellent By bringing all your people together you can learn what worked in one area ofthe business, be it a region or department, and apply it to another
Responsibility Since people joinsocial, as behavior,fast reply, keepcommitment, andaccountable foryour actionstowards yourself,others and thecompany
Strength in diversity Reputation socialscore make yourpeople moreinspiring and wantto become reliableperson and votedby others
Teamwork By connectingpeople andinformation you’llproduce better workfaster without theneed forconsiderableinvestment buteffective teamwork
Commitment Making acommitmentinvolves dedicatingyourself tosomething Follow your taskand keep it on theplan
Uncompromising standards ofbusiness and personal integrity Everything whichshared by peoplecan be managed. Work in definedprocess Managed by ITgovernments
Continuous learning anddevelopment Businesses cancapitalize on socialnetwork behavior toshare and re-useknowledge andinformation. Micro Blog, Blog postsand comments:Dialogue andconversation is thebackbone of mostsocial solutions, and nodoubt you’re familiarwith how it works onFacebook at all
Open, honest, constructive and cleancommunity Setting andmanaged is suitablefor your community Social networksallow your people toform communities ofexcellence aroundany topic and startcommunicating –even acrossdifferent offices andcountries
Transparent information All informationshould betracking andtracingcorresponding They are suitablefor searching withrelevantinformation
Estimation for InvestmentHardware RequirementProcessor 64-bit, 8 cores for medium deploymentsRAM 16 GB for medium deploymentsHard disk 500 GB for system driveCost $5000Software RequirementSQL Server The 64-bit edition of Microsoft SQL Server 2012. OrThe 64-bit edition of SQL Server 2008 R2 Service Pack 1Windows Server 2008 Windows Server 2008 R2 SP1 (KB 2759112) OrWindows Server 2012 (KB 2765317)SharePoint Server SharePoint Server 2013 Enterprise editionCost $4,900 + $95*Cals Or$0 (Use MSDN package if you are Microsoft Gold partners)For single server with a built-in database or single server that uses SQL Server
Estimation for InvestmentProject Duration: 2 monthsProject Manager 1 personResponsibility: The planning, execution and closing project, building theproject requirements, managing cost, time, scope, and quality.Technical Leader 1 personResponsibility: Design and plan for architecture in SharePoint Server 2013,coordinate source code development and documentationsDeveloper 2 personsResponsibility: SharePoint configuration and develop corresponding featuresas requirements, enhance more social features from SharePoint server 2013Tester 1 personResponsibility: Software tester is responsible for understand requirements,creating test scenarios, test scripts, preparing test data, executing test scriptsand reporting resultsTotal 176 man-daysFor development
Think about The ROI Enhanced employee engagement Increase customer satisfaction and loyalty Higher sales Lower staff turnover Significant savings in recruitment and employee on-boarding costs. Streamlined operations and cut down operational costs Better, faster innovation (KISS) Knowledge: capture and grow it’s knowledge Intelligence: gain intelligence on organization effectiveness, process issues,employee problems, innovation etc. Sale: increase the quality of ‘sales’, from pipeline management, pre-sales tothe actual deals themselves Support : create a community that can engage and support your employees,increasing effectiveness and retention and positively impacting your bottomline