The document discusses the need for companies to have a "ringmaster" to lead their social media efforts. It notes that based on a survey of 500 large and mid-sized companies, most are still in the early stages of social media maturity. It states that simply having a working group will not be enough and that what is needed is a ringmaster to coordinate social media strategies and ensure efforts align with business objectives. It introduces three panelists who are examples of effective social media ringmasters from Coca-Cola, Cisco Systems, and Edelman Digital.