There are amazing facts and benefits from implementing an Enterprise Social Networking solution. Increased efficiency, higher rate of collaboration, and organization of internal communication are just a couple found through ESN.
Driving Behavioral Change for Information Management through Data-Driven Gree...
Why Enterprise Social is a Business' Best-Kept Secret
1. HIDDEN IN PLAIN SIGHT
Why Enterprise Social is
Business’ Best-Kept Secret
2. TABLE OF CONTENTS
What is Enterprise Social?
What are the Benefits?
Why You Can’t Ignore It
3. What is Enterprise Social?
Enterprise Social networking is an organization's internal
and external use of social media to connect individuals who
share similar business interests or activities.
4. What is Enterprise Social?
Enterprise Social is a private network that allows all
members of your business to interact as they would
on a social networking platform.
5. What are Some Benefits of Enterprise Social?
Only your employees
can view the content
on the social platform.
PRIVATE
All information is
password-protected.
SECURE
Multiple team members
can access documents,
files, images, and
projects in a real-time
environment.
COLLABORATION
Internal communication
is quicker and less
fragmented than email.
COMMUNICATION
Archive knowledge and
create a central hub of
information that limits
back-and-forth
communication.
PRODUCTIVITY
BENEFITS
6. Enterprise Social increases internal communications
between departments and employees.
Companies with effective
internal communications
had 47% higher returns
to shareholders over the
previous 5 years.
Why You Can’t Ignore Enterprise Social
1PREVIOUS YEARS: 2 3 4 5
+47%
7. +20%
Improved communication and
collaboration through social
technologies could raise
productivity by 20–25%.
The cumulative cost per worker
per year due to productivity losses
resulting from communication
barriers is $26,041.
= $1,000
+ $10,000
Why You Can’t Ignore Enterprise Social
$0
- $10,000
- $20,000
- $30,000
1 YEAR
+25%
8. A business with 100 employees spends an average of
17 hours a week clarifying communication. This
downtime translates to an annual cost of $528,443.
Why You Can’t Ignore Enterprise Social
17 HOURS IN 1 WEEK100
EMPLOYEES = $100,000
9. On average, 42% of information
workers spend more than an hour
daily searching for information.
The cost lies in decisions that are made
with incomplete or inaccurate information.
Why You Can’t Ignore Enterprise Social
Workers make their decisions based
on access to the information they find.
Workers spend valuable time
looking for information.
1:15pm
2:30pm
Not having access to appropriate information
affects business decisions.
42%
10. Why You Can’t Ignore Enterprise Social
Each engaged employee adds an incremental $13,000
annually to the company’s bottom line.
www.massingenuity.com/2012/04/02/engaging-employees-the-economics-of-micro-ingenuity
1 YEAR
1 ENGAGED
EMPLOYEE
= $1,000
1
JANUARY