The document provides examples of how organizations waste time and money on social media by focusing on the wrong metrics and goals. It discusses how reaching a small percentage of an audience, like 0.12% on Facebook, is generally not an effective strategy. The conclusion is that social media is about connections between individuals, not mass distribution, and value comes from harnessing conversations not just publishing content. Organizations should focus on engaging superfans in conversations to help their business instead of superficial metrics like reach. An example of Vodafone saving money through social media recruitment by empowering employees is also provided.