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SUMMARY OF DISCUSSION AT WS 1

HOW TO GAIN BUSINESS VALUE WITH SOCIAL




                   MATERIAL
SOCIAL MEETS BUSINESS IN MANY WAYS

Social disrupts the long-standing
rules of business in many exciting                                        Collaborative problem
and unexpected ways. It offers the                                        solving with social styles
tempting opportunities to interact                            Social to support
with employees, business partners,                            repetitive tasks
customers, prospects and a host of
                                                 Co-creation with customers and
anonymous participants on the
                                                 partners in social channels
social Web.
                                     Customer dialogue in social channels
                            Two way mass marketing in social channels
                     Mass marketing in social channels



        In the following we will start focusing on how social can yield business
              value within an enterprise/company adopting social styles
WHAT YOU NEED TO BELIEVE IN

• None of us is as smart as all of us
• The more people you know, the more
  things you can do

• Social is the same as sharing the same
  physical space / office / room… (what
  about effects from giant scaling, …)

• … a community has no boundaries
• …cost of communicating has collapsed
• … transparency … openness … is a
  prerequisite for value
• … cost of organising has collapsed
• …the affluence of information… the cost
  of information has collapsed, hence an
  information power bases…
POTENTIAL BUSINESS VALUE GAINS TO UNDERSTAND?


Manage the potential value creation capability                                                Any contributor
of a community
  Here value is related to everything that increases a
  community's capability to solve tasks and challenges in the
                                                                                          Potential contributors
  future                                                                                   among customers,
                                                                                          partners, vendors, etc
Provide tasks and challenges to a community
in a form to maximise value gain
                                                                                        Potential contributors
  The tasks or challenges need to be provided to the                                       in the company
  community in a different form compared to traditional
  hierarchical structures, and the value is related to how
  well this is understood and performed

Select and facilitate for the most efficient
methods and styles to maximise value creation
  Here value is related to a community’s range of social
  styles it can take on to solve tasks and challenges                                   Me and my closest
                                                                                           colleagues


                                                             PROVIDE
                                                             “ME” A TASK   GET “MY” COMMUNITY’S
                                                                           RESPONCE
KEY TAKEAWAYS
– MANAGE THE POTENTIAL VALUE CREATION CAPABILITY OF A COMMUNITY


• Allowed - culture, policy,               • Transparency (as a rule)
  “Open doors”                               versus ownership of
• This is about culture,                     information and power base
  influencing culture and
  establish the right …
• Allow for relationship
  building based on any
  theme
   – Space Tagging “rules”?
   – CSR activities can help?
KEY TAKEAWAYS
– PROVIDE CHALLENGES TO A COMMUNITY TO MAXIMISE VALUE GAIN

• Want – the purpose/cause,           • We (many) want to be part of
  mission, challenge                    and contribute to something
• IS the new social “just” the          bigger – social purpose
  same as a smart and including       • Different challenges:
  leadership style?                      – Solve problem, decide, inform,
  – motivating employees and               idea generation, share, influence,
    classical leadership!                  …
• Everyone like to be seen and
  recognised, this is a strong
  driving factor
  – Individual promotion as
    “contributor specialist”?
  – “community/space reward?
  – Company reward as CSR
    allocation?
KEY TAKEAWAYS
– FACILITATE EFFICIENT METHODS AND STYLES TO MAXIMISE VALUE CREATION


• Can                                        • This is also about tools and
• Importance of controlled                     technology (the things that
  arenas (for the company –                    have to be in place…)
  cannot allow all company
  info on just any cloud
  service…)
• Quality assurance and
  traceability (important in
  some settings)
• Searchable (information,
  competence, presence, …)
Summary WS1   Business value with social

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Summary WS1 Business value with social

  • 1. SUMMARY OF DISCUSSION AT WS 1 HOW TO GAIN BUSINESS VALUE WITH SOCIAL MATERIAL
  • 2. SOCIAL MEETS BUSINESS IN MANY WAYS Social disrupts the long-standing rules of business in many exciting Collaborative problem and unexpected ways. It offers the solving with social styles tempting opportunities to interact Social to support with employees, business partners, repetitive tasks customers, prospects and a host of Co-creation with customers and anonymous participants on the partners in social channels social Web. Customer dialogue in social channels Two way mass marketing in social channels Mass marketing in social channels In the following we will start focusing on how social can yield business value within an enterprise/company adopting social styles
  • 3. WHAT YOU NEED TO BELIEVE IN • None of us is as smart as all of us • The more people you know, the more things you can do • Social is the same as sharing the same physical space / office / room… (what about effects from giant scaling, …) • … a community has no boundaries • …cost of communicating has collapsed • … transparency … openness … is a prerequisite for value • … cost of organising has collapsed • …the affluence of information… the cost of information has collapsed, hence an information power bases…
  • 4. POTENTIAL BUSINESS VALUE GAINS TO UNDERSTAND? Manage the potential value creation capability Any contributor of a community Here value is related to everything that increases a community's capability to solve tasks and challenges in the Potential contributors future among customers, partners, vendors, etc Provide tasks and challenges to a community in a form to maximise value gain Potential contributors The tasks or challenges need to be provided to the in the company community in a different form compared to traditional hierarchical structures, and the value is related to how well this is understood and performed Select and facilitate for the most efficient methods and styles to maximise value creation Here value is related to a community’s range of social styles it can take on to solve tasks and challenges Me and my closest colleagues PROVIDE “ME” A TASK GET “MY” COMMUNITY’S RESPONCE
  • 5. KEY TAKEAWAYS – MANAGE THE POTENTIAL VALUE CREATION CAPABILITY OF A COMMUNITY • Allowed - culture, policy, • Transparency (as a rule) “Open doors” versus ownership of • This is about culture, information and power base influencing culture and establish the right … • Allow for relationship building based on any theme – Space Tagging “rules”? – CSR activities can help?
  • 6. KEY TAKEAWAYS – PROVIDE CHALLENGES TO A COMMUNITY TO MAXIMISE VALUE GAIN • Want – the purpose/cause, • We (many) want to be part of mission, challenge and contribute to something • IS the new social “just” the bigger – social purpose same as a smart and including • Different challenges: leadership style? – Solve problem, decide, inform, – motivating employees and idea generation, share, influence, classical leadership! … • Everyone like to be seen and recognised, this is a strong driving factor – Individual promotion as “contributor specialist”? – “community/space reward? – Company reward as CSR allocation?
  • 7. KEY TAKEAWAYS – FACILITATE EFFICIENT METHODS AND STYLES TO MAXIMISE VALUE CREATION • Can • This is also about tools and • Importance of controlled technology (the things that arenas (for the company – have to be in place…) cannot allow all company info on just any cloud service…) • Quality assurance and traceability (important in some settings) • Searchable (information, competence, presence, …)