becoming a social business

21
Becoming a Social Business A Framework to evolve from a Social Brand to a Social Business

Upload: kinship-digital

Post on 01-Nov-2014

567 views

Category:

Business


2 download

DESCRIPTION

A Framework to evolve from a Social Brand to a Social Business, an 8 Phase Methodology.

TRANSCRIPT

Page 1: Becoming a Social Business

Becoming a Social Business

A Framework to evolve from a Social

Brand to a Social Business

Page 2: Becoming a Social Business

Tectonic Forces in Business Today

Your Business Future

Social

Mobile Local

Cloud

Page 3: Becoming a Social Business

What is a Social Business?

Source: Michael Brito

Page 4: Becoming a Social Business

Social Strategy

Creating Customer Value

From Social Brand

Focus on external communications

Engages with the social customer

Owned by marketing

Measured by clicks, impressions, reach,

likes, comments, RTs, etc.

Budgets are usually allocated toward

agencies, community management,

Facebook applications, blog

development, etc

To Social Business

• Focus on internal communications

• Engagement with employees

• Owned by the entire organisation

• Measured by organisational

change

• Budgets revolve around internal

communities, social technologies

and training

Page 5: Becoming a Social Business

8 Points You Need to Know About Social

Media

1. Social media is not something you do, it is something you are

2. Customer relationships cannot be outsourced

3. A blog is just a blog, not a magical trust and influence converter

4. Marketing through social media channels is not social: it is just marketing

5. Transparency is not just a word

6. Change management is the crux of social media program development

7. People are more important than technology

8. Shut up and listen

Page 6: Becoming a Social Business

8 Point Framework for Social Business

1.Assess

2.Strategise

3.Create

4.Protect

5.Participate

6.Share

7.Engage

8.Monitor

Social

Business

Framework

Page 7: Becoming a Social Business

1. Assess

Customer Brand (You)

Partner Competitor

2.Strategise

3.Create

4.Protect

5.Participate

6.Share

7.Engage

8.Monitor

1. Assess

• Brand: company/organisation,

products/services

• Competitors

• Partners

• Customers

• Keywords

• Presence

• Social Architecture

• Engagement

Page 8: Becoming a Social Business

2. Strategise 1. Assess

3.Create

4.Protect

5.Participate

6.Share

7.Engage

8.Monitor

1.Strategise

Customer Service

& Support

Brand Health

Marketing Optimisation

Innovation

Management

Employee

Engagement

Operational

Efficiency

Revenue

Generation

Ecosystem

Engagement

• Link social strategy to business

drivers through:

• Clear Goals and Objectives

• Prioritised into:

• Discrete programs

• Initiatives

• Assigned resources

• Budgets

• Addressing the assessment findings

Page 9: Becoming a Social Business

2. Strategise 1. Assess

3.Create

4.Protect

5.Participate

6.Share

7.Engage

8.Monitor

1.Strategise

• The Strategy is based upon the Assessment

• The strategy work details the following elements:

Goal & Mission

Benefits

Actions & Programs

Presence

Resources & Budgets

Reporting

• “Presence” includes Social Architecture

Page 10: Becoming a Social Business

2. Strategise 1. Assess

3.Create

4.Protect

5.Participate

6.Share

7.Engage

8.Monitor

1.Strategise

Social Architecture

• How many points of presence and why?

• Who can create, and what, where and how?

• What is the role and balance of personal versus coy?

• How is the presence coordinated

• How is presence governed?

• How is it measured, and how reported?

Page 11: Becoming a Social Business

3. Create

• Compelling presence where your customers are

• Valuable content through owned media

• Amplification through earned media: user generated

content and engagement

• Amplification through shared media: communities where

customers, partners and employees co-create and

collaborate

• Amplification through paid and promoted media

• Calls to action

2.Strategise

4.Protect

5.Participate

6.Share

7.Engage

8.Monitor

3.Create

1. Assess

Page 12: Becoming a Social Business

• Regulatory compliance considered

• Data collection, retention and archiving determined

• Employee protections in place, including the social media policy and

training

• Company protections in place, including legal

• Social architecture assessed in context of risk and monitoring

• Crisis management plan developed and integrated

• Risk assessment and risk management in place – and practice is

conducted

• Executive and Board reporting in place – critical items in relation to

business strategy and risk

4. Protect 2.Strategise

5.Participate

6.Share

7.Engage

8.Monitor

4.Protect

1. Assess

3.Create

Page 13: Becoming a Social Business

4. Protect

Risk Management

2.Strategise

5.Participate

6.Share

7.Engage

8.Monitor

4.Protect

1. Assess

3.Create

Identify – listening, brainstorming, reviewing

Assign an owner

Qualitative or quantitative evaluation

Mitigation – accept, reduce, reject, transfer

Categorising social media risk:

Reputation

Compliance and regulatory

Legal, IP, Privacy

Operational – reducing employee productivity

Page 14: Becoming a Social Business

4. Protect

Risk Management

2.Strategise

5.Participate

6.Share

7.Engage

8.Monitor

4.Protect

1. Assess

3.Create

Identify and review risks

Review historical activities

Workflow triage from listening

Review 3rd party case studies and reports

Create and review threat lists

Incorporate risk management into social initiatives

Keep up with platform developments and associated legal terms

Page 15: Becoming a Social Business

5. Participate 2.Strategise

6.Share

7.Engage

8.Monitor

.Participate

1. Assess

3.Create

4.Protect

• Know Your F’s (fans, friends,

followers)

• Influencers

• Customers

• Journalists

• Blogs

• Forums

• Communities

• Reward Participation

Page 16: Becoming a Social Business

6. Share 2.Strategise

7.Engage

8.Monitor

6. Share

1. Assess

3.Create

4.Protect

5.Participate

• Promote content

• Use video if it makes sense

• Recognition and reward

• Curate

• Aggregate

• Gamification

• Mobile

• SEO / SEM

Page 17: Becoming a Social Business

7. Engage 2.Strategis

e 8.Monitor

1. Assess

3.Create

4.Protect

5.Participate

6.Share

7. Engage

• Responsive

• Transparent

• Authentic

• Human

• Polls and contests

• Promote others

• Benefits

• Recommendations

Page 18: Becoming a Social Business

8. Monitor 6.Share

2.Strategise

1. Assess

3.Create

4.Protect

5.Participate

6.Share

8.Monitor

• Monitoring tools and services

decided

• Keyword and location searches

• Competitor tracking

• Brand tracking

• Key measures agreed

• Integration in place

• Workflow and escalation processes

defined

• Mobile considered

Page 19: Becoming a Social Business

• No one wants a social relationship with your brand

• Becoming a social business requires investment

• Becoming a social business is a cross-functional business initiative

• Advocacy is the number ONE objective

• Creating a better customer experience is at the heart of becoming a social

business

• You need to ‘shift gears’ in product management, HR, sales, marketing and

support.

What You Need to Know

Page 20: Becoming a Social Business

Depends on your social ‘maturity’

Starting out: assess

Foundation in place: protect

Some programs running: strategise

Active: monitor

Where Do You Start?

Page 21: Becoming a Social Business

Contact

www.kinshipdigital.com

Call: 1300 KINSHIP

www.twitter/kinshipdigital

[email protected]

www.slideshare.net/kinshipdigital