why social is key to drive your digital innovation strategy

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WHY SOCIAL IS THE KEY TO DRIVE (INNOVATION) STRATEGY by @gerriesmits 17/12/15 A CANARY IN THE COALMINE

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Page 1: Why Social is key to drive your Digital Innovation Strategy

WHY SOCIAL IS THE KEY TO DRIVE (INNOVATION) STRATEGY

by @gerriesmits

17/12/15

A CANARY IN THE COALMINE

Page 2: Why Social is key to drive your Digital Innovation Strategy

Music Industry

TV

Print Media

Marketing

I worked in industries disrupted by the internet

Page 3: Why Social is key to drive your Digital Innovation Strategy

I even worked in government

Page 4: Why Social is key to drive your Digital Innovation Strategy

+

Comms

Marketing

Business/Product

Organi-sation

Now, I help organisations change to get more out of the internet

Page 5: Why Social is key to drive your Digital Innovation Strategy

Digital raises questions

Page 6: Why Social is key to drive your Digital Innovation Strategy

Digital raises questions

?

Page 7: Why Social is key to drive your Digital Innovation Strategy

The amount of years running that CEOs have pointed at technology as the single most important external force shaping their organisations

4

IBM study

Page 8: Why Social is key to drive your Digital Innovation Strategy

Social Media is a Canary. It’s showing

us in which direction the world is changing.

We need to learn from Canaries, in order to

survive the Coalmine.

Page 9: Why Social is key to drive your Digital Innovation Strategy

REVERSE ENGINEER

KEEP CALM AND

Page 10: Why Social is key to drive your Digital Innovation Strategy

Personalisation

1/6

Page 11: Why Social is key to drive your Digital Innovation Strategy

The audience of 1

Page 12: Why Social is key to drive your Digital Innovation Strategy

Design ForLimitedBandwidth! Design for the Thumb Swipe!

Your competitors on social are not your industry competitors. They are friends, media companies, brands from other industries.

Page 13: Why Social is key to drive your Digital Innovation Strategy

You don’t reach anybody.

You earn somebody.

Page 14: Why Social is key to drive your Digital Innovation Strategy

From PushTo PullTo Earned Push

The interface of the internet is changing. From the homepage to mobile first to apps to feeds to ‘the unscreen’, based on context, notifications, voice,…

Page 15: Why Social is key to drive your Digital Innovation Strategy

“We know who you are”

Page 16: Why Social is key to drive your Digital Innovation Strategy

One Size Fits None in productsOne Size Fits None in products

Page 17: Why Social is key to drive your Digital Innovation Strategy

Personalised Anything

AltSchool and Knewton are two players in education field, focusing on advanced personalised learning through a data-driven approach.

— Resources

Page 18: Why Social is key to drive your Digital Innovation Strategy

Time to wonder…

What are you doing to increase

advanced relevance through personalised

communication + services?

Page 19: Why Social is key to drive your Digital Innovation Strategy

Digital has impact on relationship

User Needs

Motivations

Purpose

Value?Personal

Page 20: Why Social is key to drive your Digital Innovation Strategy

The Audience With An Audience

2/6

Page 21: Why Social is key to drive your Digital Innovation Strategy

Self-publishing heroes

Page 22: Why Social is key to drive your Digital Innovation Strategy

From Pageviews to Share Value

Page 23: Why Social is key to drive your Digital Innovation Strategy

Why Would They Share?

inspired by Faris Yakob

ACTIONS

TOOLS

ADVERT

CONTENT

PURPOSE

Page 24: Why Social is key to drive your Digital Innovation Strategy

Why Would They Share?

inspired by Faris Yakob

ACTIONS

TOOLS

ADVERT

CONTENT

PURPOSE

Page 25: Why Social is key to drive your Digital Innovation Strategy

Time to wonder…

Do your communication + products need SHO (sharing

optimisation)? Do you understand why

people share?

Page 26: Why Social is key to drive your Digital Innovation Strategy

Digital has impact on relationship

User Needs

Motivations

Purpose

Value?Personal

Audience

Page 27: Why Social is key to drive your Digital Innovation Strategy

CoCrowd-Culture

3/6

Page 28: Why Social is key to drive your Digital Innovation Strategy

Wisdom of the Crowd

Page 29: Why Social is key to drive your Digital Innovation Strategy

Wisdom of the Crowd

Page 30: Why Social is key to drive your Digital Innovation Strategy

Steam platform

• 4500 games • 125m users • 450m pieces of user

generated content

User = creator / remixer

Page 31: Why Social is key to drive your Digital Innovation Strategy

User has different roles

Page 32: Why Social is key to drive your Digital Innovation Strategy

Time to wonder…

What are you doing to unlock your customer’s

potential?How can you embed ‘co-

culture’ into everything you do?

Page 33: Why Social is key to drive your Digital Innovation Strategy

Digital has impact on relationship

User Needs

Motivations

Purpose

Value?Personal

Audience

Co+Crowd

Page 34: Why Social is key to drive your Digital Innovation Strategy

Intermezzo: Culture Eats Strategy For Breakfast

i

Page 35: Why Social is key to drive your Digital Innovation Strategy

“If the rate of change on the outside exceeds the rate of change on the inside, the end is near.”

Page 36: Why Social is key to drive your Digital Innovation Strategy

“If the rate of change on the outside exceeds the rate of change on the inside, the end is near.”- Jack Welch, ex-CEO General Electric

Page 37: Why Social is key to drive your Digital Innovation Strategy

Platforms unlock potential

4/6

Page 38: Why Social is key to drive your Digital Innovation Strategy

“Uber, the world’s largest taxi company, owns no vehicles.

Facebook, the popular media owner, creates no content.

Alibaba, the most valuable retailer, has no inventory.

Airbnb, largest accommodation provider, owns no real estate.

Something interesting is happening.”

- Tom Goodwin, senior VP of strategy & innovation at Havas Media

Page 39: Why Social is key to drive your Digital Innovation Strategy

Who needs banks?

Page 40: Why Social is key to drive your Digital Innovation Strategy

Who needs supermarkets?

Page 41: Why Social is key to drive your Digital Innovation Strategy

“We believe that applying the open

source philosophy to our patents will

strengthen rather than diminish Tesla’s position

in this regard.”-

Elon Musk, TeslaPhoto credit: https://www.flickr.com/photos/heisenbergmedia/10611397123

Page 42: Why Social is key to drive your Digital Innovation Strategy

#Energyondemand

Uber partnership with Red Bull to deliver free energy drinks, during one afternoon in Amsterdam.

Page 43: Why Social is key to drive your Digital Innovation Strategy

Platforms + platforms

Page 44: Why Social is key to drive your Digital Innovation Strategy

Time to wonder…

What if your product/brand/org had an API? If your product/org was open, what could other

people/companies build on top of it?

Page 45: Why Social is key to drive your Digital Innovation Strategy

Digital has impact on relationship

User Needs

Motivations

Purpose

Value?Personal

Audience

Co+Crowd Platform

Page 46: Why Social is key to drive your Digital Innovation Strategy

Small + quick = beautiful

5/6

Page 47: Why Social is key to drive your Digital Innovation Strategy

Lean Start-up Philosophy

Create

Measure

Learn

Page 48: Why Social is key to drive your Digital Innovation Strategy

“We are just a learning machine. Every time we put out a new show, we are analyzing it, figuring out what worked and what didn’t so we get better next time.” - Reed Hastings, Netflix

Photo credit: https://www.flickr.com/photos/sebaso/17196974290

Page 49: Why Social is key to drive your Digital Innovation Strategy

Vaak gehoorde quote rondoktober/november

Who can sit next to Zuck?

Page 50: Why Social is key to drive your Digital Innovation Strategy

Flexible problem solving

Page 51: Why Social is key to drive your Digital Innovation Strategy

“We’ve got some budget left. We need to spend it this year.”

“”

A often-heard phrase around October/November

Page 52: Why Social is key to drive your Digital Innovation Strategy

Time to wonder…

How can you increase learning?

How can you increase flexibility?

How can you increase speed?

Page 53: Why Social is key to drive your Digital Innovation Strategy

Digital has impact on relationship

User Needs

Motivations

Purpose

Value?Personal

Audience

Co+Crowd Platform

Agile

Page 54: Why Social is key to drive your Digital Innovation Strategy

User focus

6/6

Page 55: Why Social is key to drive your Digital Innovation Strategy

Spotify’s ‘Relationship Sauce’

source: Rahul Sen, Lead Growth Designer, Spotify

Page 56: Why Social is key to drive your Digital Innovation Strategy

People Technology Change

+ = ?

People are the steady bit

Page 57: Why Social is key to drive your Digital Innovation Strategy

People Technology Change

+ =User needs &

motivations are relatively stable

Uncertain. Constantly

evolving

?

People are the steady bit

Page 58: Why Social is key to drive your Digital Innovation Strategy

The Canary red thread = User First

Page 59: Why Social is key to drive your Digital Innovation Strategy

User Needs

Motivations

Purpose

Value

The Canary red thread = User First

Page 60: Why Social is key to drive your Digital Innovation Strategy

The Flip: People are always central><

Page 61: Why Social is key to drive your Digital Innovation Strategy

The Flip: People are always central><

Page 62: Why Social is key to drive your Digital Innovation Strategy

Customer Experience

Talent

New Products

Tech

Process

The Flip: People are always central><

Marketing

Page 63: Why Social is key to drive your Digital Innovation Strategy

Number 1 attribute for success in digital world according to business leaders?

study University of South California

Page 64: Why Social is key to drive your Digital Innovation Strategy

Number 1 attribute for success in digital world according to business leaders?

Empathy

study University of South California

Page 65: Why Social is key to drive your Digital Innovation Strategy

Number 1 attribute for success in digital world according to business leaders?

Empathy

(the others: adaptability

curiosity holistic thinking

cross-cultural competence)

study University of South California

Page 66: Why Social is key to drive your Digital Innovation Strategy

666User-centric = pragmatic>>

Long-term thinking+ short-term doing

What can you makemore user-centric • in 6 days • in 6 months • in 6 years

Create

Measure

Learn

Page 67: Why Social is key to drive your Digital Innovation Strategy

“Everyone has their face toward the CEO and their ass toward the customer.”

- Jack Welch again

Page 68: Why Social is key to drive your Digital Innovation Strategy

THANK YOU >>

[email protected] +32 491 354 365

@gerriesmits