1. The document outlines six steps to running an effective social media initiative: determine objectives and key performance indicators, build an engaged audience, develop and plan content, select appropriate channels, identify and engage influencers, and publish and analyze content and metrics. 2. It emphasizes the importance of listening to conversations, engaging authentically, and giving more than taking in order to build trust and an engaged audience. 3. Content should be tied to business objectives and goals, and channels and influencers should be selected strategically based on demographic and psychographic targets. Ongoing analysis allows refinement of the initiative over time.