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ENERGISE2-0.COM




From Social
Media to Social
Business

Dr. Jim Hamill
Business Fellow
University of Strathclyde Business School
jim.hamill@energise2-0.com
@drjimhamill
A conversation
not a broadcast
presentation




                  ENERGISE2-0.COM
The times they are a changin'

• Current leading-edge thinking is that we are on the verge
  of another tectonic shift: from Social Media to Social
  Business

• A Social Business is one that develops innovative new
  work methods and processes by applying social thinking,
  social strategy, social culture, social organisation and
  social technologies to everything it does (internally as
  well as externally)

• Organisations who ‘get this’ will survive and prosper -
  those who don’t will become 21st century dinosaurs
                                                     ENERGISE2-0.COM
In Common?




             ENERGISE2-0.COM
HMV- Hopelessly Misplaced Vision




                                   ENERGISE2-0.COM
HMV- Hopelessly Misplaced Vision




                                   ENERGISE2-0.COM
Who Will Be Next?




                    ENERGISE2-0.COM
MOOCs




        ENERGISE2-0.COM
The Future of Education




                          ENERGISE2-0.COM
Spot the Dinosaur 




                      ENERGISE2-0.COM
Agenda


• What is Social Business and why has it become ‘mission
  critical’?
• Implications for the public sector organisations, private
  businesses and you personally?
• Some advice in ‘getting there’
• Main barriers and obstacles in becoming a Social
  Business/Organisation and how to overcome
• Practical next steps and key takeaways




                                                          ENERGISE2-0.COM
Let’s start with a
few questions?




                     ENERGISE2-0.COM
Do You Need to Become Social?

• Are you struggling with too many emails?

• Attending too many meaningless meetings?

• Wasting time looking for that file/information you know
  you have?

• Dealing with more discerning and demanding
  customers?

• Do you feel disengaged?
                                                   ENERGISE2-0.COM
Do You Need to Become Social?

• Can improvements be made in internal communications?

• Improvements in knowledge sharing and business
  processes?

• Improvements in external communications?

• Faster response times?

• Is your organisational structure too hierarchical? Does it
  encourage innovation?
                                                      ENERGISE2-0.COM
Productive Time




                  ENERGISE2-0.COM
Productivity Busters




                       ENERGISE2-0.COM
Global Workforce Survey 2012




                               ENERGISE2-0.COM
Employee Engagement




                      ENERGISE2-0.COM
eMail v. Social




                  ENERGISE2-0.COM
A Better Way to Collaborate




                              ENERGISE2-0.COM
What is Social Business and why
has it become ‘mission critical’?




                              ENERGISE2-0.COM
What Is Social Business?

• A Social Business is one that develops innovative new work
  methods and processes by applying social thinking, social
  strategy, social culture, social organisation and social
  technologies to everything it does – to all value chain
  activities (sales, customer service, finance, logistics, HRM,
  quality, marketing, operations, internal processes,
  administration etc)

• Potential business benefits include improved efficiency; agility
  and speed of response to rapidly changing market conditions;
  lower costs; increased sales; enhanced customer loyalty;
  employee engagement; enhanced partner and stakeholder
  relationships
                                                          ENERGISE2-0.COM
What Is Social Business?

• Social Business involves work methods, organisational
  structures and ‘mindsets’ which are radically different from
  the ‘Industrial Age’ command and control structures still used
  by the majority of organisations. The use of social media and
  the adoption of a social ‘mindset’ moves from the periphery
  to the core of your organisation

• It is no longer just about Twitter and Facebook. The key
  challenge is the way in which your organisation embraces and
  cultivates a spirit of collaboration based on open
  communications, internally and externally. Being lean,
  nimble and responsive to dynamic change based on
  engagement and transparency
                                                         ENERGISE2-0.COM
What Is Social Business?


• A ‘4Cs Model’ can be used to explain the business benefits of
  ‘being social’

• The key question to address is how can your organisation best
  use social technologies to build relationships and derive
  tangible business benefits from four main customer groups:
   – Existing Customers
   – Potential Customers
   – Internal Customers (Staff)
   – External Customers (Business Partners)

                                                        ENERGISE2-0.COM
Potential Business Benefits


Based on an in-depth analysis of 4 key sectors
representing 20% of global sales, McKinsey
found that social technologies could potentially
contribute $900 billion to $1.3 trillion in annual
value across the four sectors




                                             ENERGISE2-0.COM
Potential Business Benefits

• Two thirds of the improvement would be from better
  collaboration and communication within and across
  enterprises
• The average knowledge worker spends an estimated 28%
  of the workweek managing e-mail and nearly 20%
  searching information or finding colleagues to help with
  specific tasks. Using social media can cut down this time
  spent searching for information and people by 35%
• Companies have an opportunity to raise the productivity
  high-skill knowledge workers by 20 to 25%



                                                      ENERGISE2-0.COM
McKinsey




           ENERGISE2-0.COM
Not Just Productivity Improvements


• Social Marketing – more cost effective and efficient
• Social Customer Service – enhanced reputation and brand
  advocacy
• Social HRM – improved staff engagement and loyalty
• Social NPD – crowdsource NPD, faster speed to market
  acceptance, more cost effective
• Social Relationships - enhanced partner and stakeholder
  relationships
• Flexibility and speed of response
• Etc
                                                   ENERGISE2-0.COM
Why Now?




           ENERGISE2-0.COM
Why Now?



Social Media + Mobile + The Cloud + Big
Data + Gen C
= The End of Business as Usual



                                    ENERGISE2-0.COM
Why Now?




           ENERGISE2-0.COM
The Connected Customer




                         ENERGISE2-0.COM
The Connected Customer is also
   the Connected Employee




                           ENERGISE2-0.COM
Some Videos
(Click to Open on YouTube)




                             ENERGISE2-0.COM
Videos

• Social Business – Rethinking Innovation, Organization and
  Leadership (from LeaderLab)

• Business is changing but much of our management is still
  rooted in the Industrial Revolution. Why do we keep
  educating our leaders in old paradigms? Tear down the
  internal Berlin walls. Social software delivers a new paradigm
  for collaboration, sharing and crowdsourcing. The time has
  come to rethink the way we do business. Is your organisation
  ready?



                                                         ENERGISE2-0.COM
Rethinking Innovation……..




                            ENERGISE2-0.COM
Videos

• The Difference Between Social Media and Social Business,
  Sandy Carter of IBM

• In the age of Social Customers and Social Employees,
  becoming a Social Business is not an option, it is a mandate.




                                                         ENERGISE2-0.COM
IBM: Social Media v. Social Business




                                       ENERGISE2-0.COM
Videos

• Social Media Revolution 2013

• Why Social Business has become mission critical?




                                                     ENERGISE2-0.COM
Social Business
  In Practice



                  ENERGISE2-0.COM
Don Tapscott Gov 2.0

• Don Tapscott Gov 2.0




                                  ENERGISE2-0.COM
Company Examples Videos




                          ENERGISE2-0.COM
Other Salesforce Examples




                            ENERGISE2-0.COM
Salesforce Examples




                      ENERGISE2-0.COM
Boston Business Hub




                      ENERGISE2-0.COM
Boston Business Hub




                      ENERGISE2-0.COM
Boston Business Hub




                      ENERGISE2-0.COM
Electrolux




             ENERGISE2-0.COM
Implications




               ENERGISE2-0.COM
The Rules of Business Have Changed




                                     ENERGISE2-0.COM
Lets Discuss




               ENERGISE2-0.COM
Barriers and Obstacles


• Changing Organisational Culture and Work Processes
  is the biggest challenge NOT technology

• Requires leadership and Social Business Champions

• A range of technologies are available




                                              ENERGISE2-0.COM
From This




            ENERGISE2-0.COM
To This




          ENERGISE2-0.COM
To This




          ENERGISE2-0.COM
Social Business Technologies




                               ENERGISE2-0.COM
Practical Next Steps




                       ENERGISE2-0.COM
Be Social




            ENERGISE2-0.COM
Getting There

• Present benefits of Social Business to the Senior
  Executive Team

• Seek agreement in principle for a pilot project

• Identify a priority project with potential for high ROI;
  agree KPIs and targets

• Get Executive Sponsorship and appoint a Social Business
  Champion

                                                       ENERGISE2-0.COM
Getting There

• Assemble a team of early adopters and Social Business
  advocates

• Project Planning and Implementation – apply
  Professional Project Management Procedures

• Report Results

• Develop Organisational wide Social Business Vision and
  Strategy

                                                   ENERGISE2-0.COM
If you don’t think this is
 possible become a bird




                             ENERGISE2-0.COM
MacroWikinomics Murmuration




                              ENERGISE2-0.COM
Bob Dylan (Mashed Up )

                 Come gather 'round people
                        Wherever you roam
                          And don’t criticise
                 What you can't understand
              Your sons and your daughters
                 Are beyond your command
                             Your old road is
                                Rapidly agin‘
            Then you better start swimmin’
                   Or you'll sink like a stone
           For the times they are a-changin’
                                      ENERGISE2-0.COM
Thank You
    Questions

www.energise2-0.com

                      ENERGISE2-0.COM
Social Business at www.energise2-0.com




                                         ENERGISE2-0.COM
Social Business at www.energise2-0.com




                                         ENERGISE2-0.COM

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Strathclyde MBA: Social Media/Social Business Class Abu Dhabi and Malaysia, May 2013 (Slides 2)

  • 1. ENERGISE2-0.COM From Social Media to Social Business Dr. Jim Hamill Business Fellow University of Strathclyde Business School jim.hamill@energise2-0.com @drjimhamill
  • 2. A conversation not a broadcast presentation ENERGISE2-0.COM
  • 3. The times they are a changin' • Current leading-edge thinking is that we are on the verge of another tectonic shift: from Social Media to Social Business • A Social Business is one that develops innovative new work methods and processes by applying social thinking, social strategy, social culture, social organisation and social technologies to everything it does (internally as well as externally) • Organisations who ‘get this’ will survive and prosper - those who don’t will become 21st century dinosaurs ENERGISE2-0.COM
  • 4. In Common? ENERGISE2-0.COM
  • 5. HMV- Hopelessly Misplaced Vision ENERGISE2-0.COM
  • 6. HMV- Hopelessly Misplaced Vision ENERGISE2-0.COM
  • 7. Who Will Be Next? ENERGISE2-0.COM
  • 8. MOOCs ENERGISE2-0.COM
  • 9. The Future of Education ENERGISE2-0.COM
  • 10. Spot the Dinosaur  ENERGISE2-0.COM
  • 11. Agenda • What is Social Business and why has it become ‘mission critical’? • Implications for the public sector organisations, private businesses and you personally? • Some advice in ‘getting there’ • Main barriers and obstacles in becoming a Social Business/Organisation and how to overcome • Practical next steps and key takeaways ENERGISE2-0.COM
  • 12. Let’s start with a few questions? ENERGISE2-0.COM
  • 13. Do You Need to Become Social? • Are you struggling with too many emails? • Attending too many meaningless meetings? • Wasting time looking for that file/information you know you have? • Dealing with more discerning and demanding customers? • Do you feel disengaged? ENERGISE2-0.COM
  • 14. Do You Need to Become Social? • Can improvements be made in internal communications? • Improvements in knowledge sharing and business processes? • Improvements in external communications? • Faster response times? • Is your organisational structure too hierarchical? Does it encourage innovation? ENERGISE2-0.COM
  • 15. Productive Time ENERGISE2-0.COM
  • 16. Productivity Busters ENERGISE2-0.COM
  • 17. Global Workforce Survey 2012 ENERGISE2-0.COM
  • 18. Employee Engagement ENERGISE2-0.COM
  • 19. eMail v. Social ENERGISE2-0.COM
  • 20. A Better Way to Collaborate ENERGISE2-0.COM
  • 21. What is Social Business and why has it become ‘mission critical’? ENERGISE2-0.COM
  • 22. What Is Social Business? • A Social Business is one that develops innovative new work methods and processes by applying social thinking, social strategy, social culture, social organisation and social technologies to everything it does – to all value chain activities (sales, customer service, finance, logistics, HRM, quality, marketing, operations, internal processes, administration etc) • Potential business benefits include improved efficiency; agility and speed of response to rapidly changing market conditions; lower costs; increased sales; enhanced customer loyalty; employee engagement; enhanced partner and stakeholder relationships ENERGISE2-0.COM
  • 23. What Is Social Business? • Social Business involves work methods, organisational structures and ‘mindsets’ which are radically different from the ‘Industrial Age’ command and control structures still used by the majority of organisations. The use of social media and the adoption of a social ‘mindset’ moves from the periphery to the core of your organisation • It is no longer just about Twitter and Facebook. The key challenge is the way in which your organisation embraces and cultivates a spirit of collaboration based on open communications, internally and externally. Being lean, nimble and responsive to dynamic change based on engagement and transparency ENERGISE2-0.COM
  • 24. What Is Social Business? • A ‘4Cs Model’ can be used to explain the business benefits of ‘being social’ • The key question to address is how can your organisation best use social technologies to build relationships and derive tangible business benefits from four main customer groups: – Existing Customers – Potential Customers – Internal Customers (Staff) – External Customers (Business Partners) ENERGISE2-0.COM
  • 25. Potential Business Benefits Based on an in-depth analysis of 4 key sectors representing 20% of global sales, McKinsey found that social technologies could potentially contribute $900 billion to $1.3 trillion in annual value across the four sectors ENERGISE2-0.COM
  • 26. Potential Business Benefits • Two thirds of the improvement would be from better collaboration and communication within and across enterprises • The average knowledge worker spends an estimated 28% of the workweek managing e-mail and nearly 20% searching information or finding colleagues to help with specific tasks. Using social media can cut down this time spent searching for information and people by 35% • Companies have an opportunity to raise the productivity high-skill knowledge workers by 20 to 25% ENERGISE2-0.COM
  • 27. McKinsey ENERGISE2-0.COM
  • 28. Not Just Productivity Improvements • Social Marketing – more cost effective and efficient • Social Customer Service – enhanced reputation and brand advocacy • Social HRM – improved staff engagement and loyalty • Social NPD – crowdsource NPD, faster speed to market acceptance, more cost effective • Social Relationships - enhanced partner and stakeholder relationships • Flexibility and speed of response • Etc ENERGISE2-0.COM
  • 29. Why Now? ENERGISE2-0.COM
  • 30. Why Now? Social Media + Mobile + The Cloud + Big Data + Gen C = The End of Business as Usual ENERGISE2-0.COM
  • 31. Why Now? ENERGISE2-0.COM
  • 32. The Connected Customer ENERGISE2-0.COM
  • 33. The Connected Customer is also the Connected Employee ENERGISE2-0.COM
  • 34. Some Videos (Click to Open on YouTube) ENERGISE2-0.COM
  • 35. Videos • Social Business – Rethinking Innovation, Organization and Leadership (from LeaderLab) • Business is changing but much of our management is still rooted in the Industrial Revolution. Why do we keep educating our leaders in old paradigms? Tear down the internal Berlin walls. Social software delivers a new paradigm for collaboration, sharing and crowdsourcing. The time has come to rethink the way we do business. Is your organisation ready? ENERGISE2-0.COM
  • 36. Rethinking Innovation…….. ENERGISE2-0.COM
  • 37. Videos • The Difference Between Social Media and Social Business, Sandy Carter of IBM • In the age of Social Customers and Social Employees, becoming a Social Business is not an option, it is a mandate. ENERGISE2-0.COM
  • 38. IBM: Social Media v. Social Business ENERGISE2-0.COM
  • 39. Videos • Social Media Revolution 2013 • Why Social Business has become mission critical? ENERGISE2-0.COM
  • 40. Social Business In Practice ENERGISE2-0.COM
  • 41. Don Tapscott Gov 2.0 • Don Tapscott Gov 2.0 ENERGISE2-0.COM
  • 42. Company Examples Videos ENERGISE2-0.COM
  • 43. Other Salesforce Examples ENERGISE2-0.COM
  • 44. Salesforce Examples ENERGISE2-0.COM
  • 45. Boston Business Hub ENERGISE2-0.COM
  • 46. Boston Business Hub ENERGISE2-0.COM
  • 47. Boston Business Hub ENERGISE2-0.COM
  • 48. Electrolux ENERGISE2-0.COM
  • 49. Implications ENERGISE2-0.COM
  • 50. The Rules of Business Have Changed ENERGISE2-0.COM
  • 51. Lets Discuss ENERGISE2-0.COM
  • 52. Barriers and Obstacles • Changing Organisational Culture and Work Processes is the biggest challenge NOT technology • Requires leadership and Social Business Champions • A range of technologies are available ENERGISE2-0.COM
  • 53. From This ENERGISE2-0.COM
  • 54. To This ENERGISE2-0.COM
  • 55. To This ENERGISE2-0.COM
  • 56. Social Business Technologies ENERGISE2-0.COM
  • 57. Practical Next Steps ENERGISE2-0.COM
  • 58. Be Social ENERGISE2-0.COM
  • 59. Getting There • Present benefits of Social Business to the Senior Executive Team • Seek agreement in principle for a pilot project • Identify a priority project with potential for high ROI; agree KPIs and targets • Get Executive Sponsorship and appoint a Social Business Champion ENERGISE2-0.COM
  • 60. Getting There • Assemble a team of early adopters and Social Business advocates • Project Planning and Implementation – apply Professional Project Management Procedures • Report Results • Develop Organisational wide Social Business Vision and Strategy ENERGISE2-0.COM
  • 61. If you don’t think this is possible become a bird ENERGISE2-0.COM
  • 62. MacroWikinomics Murmuration ENERGISE2-0.COM
  • 63. Bob Dylan (Mashed Up ) Come gather 'round people Wherever you roam And don’t criticise What you can't understand Your sons and your daughters Are beyond your command Your old road is Rapidly agin‘ Then you better start swimmin’ Or you'll sink like a stone For the times they are a-changin’ ENERGISE2-0.COM
  • 64. Thank You Questions www.energise2-0.com ENERGISE2-0.COM
  • 65. Social Business at www.energise2-0.com ENERGISE2-0.COM
  • 66. Social Business at www.energise2-0.com ENERGISE2-0.COM