Where will your business' prosperity and growth come from? How do you influence new customers in a low cost fashion?
How do you generate new opportunities for prosperity and growth?
10. Inter-dependent 1914
The butterfly effect can also be represented by large complex systems.
Archduke Franz Ferdinard WWI
18 December 1863 – 28 June 1914 Chris Sparshott
11. Inter-dependent 2009
1,250 New Zealanders are losing their job every week.
Peter Conway
Secretary of the New Zealand Council of Trade Unions
Stock market Chris Sparshott
Jobless
12. Inter-dependent 2009
State Department officials earlier urged Twitter to delay scheduled
maintenance work to avoid interrupting its service in Iran.
Twitter
?
YouTube
Iranian Student Shot Chris Sparshott
13. The world has changed
Every interaction has an effect
The number of interactions is increasing
Chris Sparshott
23. Prioritise the time you spend with
these customers from 1 to 6.
1 being the highest priority
• Customer might spend money today
• Customer might spend money tomorrow
• Customer might spend money this quarter
• Customer might spend money next quarter
• Customer might spend money next year
• Customer might spend money sometime
Chris Sparshott
24. Possible Result
• Customer might spend money today 1
• Customer might spend money tomorrow 2
• Customer might spend money this quarter 3
• Customer might spend money next quarter 4
• Customer might spend money next year 5
• Customer might spend money sometime 6
Chris Sparshott
29. Prioritise the time you spend with these
customers from 1 to 6.
1 being the highest priority
Take into consideration future growth
• Customer might spend money today
• Customer might spend money tomorrow
• Customer might spend money this quarter
• Customer might spend money next quarter
• Customer might spend money next year
• Customer might spend money sometime
Chris Sparshott
30. Possible Result
• Customer might spend money today 1
• Customer might spend money tomorrow 2
• Customer might spend money this quarter 3
• Customer might spend money next quarter 4
• Customer might spend money next year 5
• Customer might spend money sometime 1
Chris Sparshott
31. Hang on,..
How come a customer
that might spend money
sometime in the unknown
future can be as important
as a customer that might
spend money today?
Chris Sparshott
32. It’s about the inter-dependent ecosystem
Global
customers Auckland
Customers
Christchurch
Customers
Wellington
Customers
Chris Sparshott
45. “Value of Social Networks:
A large scale analysis on network
structure impact to financial
revenue of information technology
consultants”
http://smallblue.research.ibm.com/
Chris Sparshott
46. Objective
• To estimate the value of social networks.
• How does social capital influence productivity
• How information workers obtain information
through various communications channels and
social networks
• Measure the impact to revenue at the personal
and project level of the information workers
Chris Sparshott
47. Information workers = Consultants
Perform high quality project work
Delight the customer
Generate repeat business
Make $ for IBM
(…and to stay off the bench)
Chris Sparshott
48. What was measured?
* 2600 IBM business
consultants over 2
years (2006-2008)
* Across 70 Countries
* Derive the network of
350k employees
* Overall observation
of 10k consulting
projects
Chris Sparshott
49. What was measured?
* People Interaction
(email and IM)
* Detailed and objective
performance measurements
of the consultants
* Number of billable hours
* Number of projects
* Revenue generated
* Explore relationship between
social network and
productivity of those
consultants
Chris Sparshott
50. Conducted 15 intensive interviews
Efficient access to information
Timely access to valuable
information results in higher
quality decision making
Chris Sparshott
51. Results
The value of
each person in
your address
book is $948
Chris Sparshott
52. Results
Not
Friends
YOU
Friends
Friends
When friends of your friends are not friends of
each other or belong to the same social group. =
276.64% increase in monthly revenues
Chris Sparshott
53. Results
One strong link to your manager Manager
You is worth $588.20 /month
Having managers in a project is
correlated with team
performance initially.
Too many managers in a project
is negatively associated with
team performance Manager
You
One weak link to your manager
costs $98.48 /month
Chris Sparshott
54. Results
• Attributes of your network, human capital, power and
status have a unique relationship with work performance
• No performance relationship for
– access to different divisions
– access to different geographical locations
– gender distribution
Chris Sparshott
55. There is value to businesses in encouraging
external collaboration & social networking
Chris Sparshott
71. Business benefits
*Find hidden expertise
*Reduce time to find and
access knowledge
sources
*Reduce email and
telephone usage
*Personal mindshare
Chris Sparshott
77. Business benefits
*Build communities
*Manage interactions
with customers and
partners
*Help each other
*Deliver additional
services
*Gain mindshare
Chris Sparshott
93. My Journey – I did…
• Blogged on Blogger
• Upload presentations to Slideshare
• Started tweeting
• Self host Blog to Wordpress, chrissparshott.com
• Used Scribd
• Built LinkedIn network (on-going)
• Built videos for blog
• Launched LinkedIn community groups
• Started product based meet-ups
Chris Sparshott
94. My Journey – Benefits…
• Increased reach and influence for IBM
• Increased visibility of IBM to customers
• Clients support each other
• Support direct sales efforts
• Customer case studies
• Recognised within IBM as an expert
• Mentor IBM employees and start-ups
• Present at events
• Had a lot of fun ;o)
Chris Sparshott
95. Chris Sparshott
chris_sparshott@nz.ibm.com
0064 (0)21 574 696
(Sparkbouy)
sparkbouy@gmail.com
Portfolio
http://www.slideshare.net/sparkbouy/slideshows
Blog
http://chrissparshott.com
IBM
chris_sparshott@nz.ibm.com
Chris Sparshott