Stakeholder engagement with social media

38
Stakeholder Engagement Stakeholder Engagement & & Social Social Media edia Networks etworks by Poonam Sagar by Poonam Sagar PT Infotech Solutions PT Infotech Solutions

description

Leverage on social media to engage with your stakeholders. A presentation at the PR Society of Indonesia 2011 conference in dec, 2011.Additional slides with video content have been removed.

Transcript of Stakeholder engagement with social media

Page 1: Stakeholder engagement with social media

Stakeholder Engagement Stakeholder Engagement & &

Social Social MMedia edia NNetworksetworks

by Poonam Sagarby Poonam Sagar

PT Infotech SolutionsPT Infotech Solutions

Page 2: Stakeholder engagement with social media

Social Media 101Social Media 101

Page 3: Stakeholder engagement with social media

40,829,720 users1,293,131 tweets/day

860,000 users

30.000.000 users

860,000 users

5,270,658 blogs and growing

6 hrs/month

51% download/stream video

Social Media Landscape in Indonesia

Page 4: Stakeholder engagement with social media

Indonesia reported the highest

penetration, with 20.8 percent of

Internet users in the country visiting

Twitter ~ comscore

Page 5: Stakeholder engagement with social media

Penetration of population: 17%

Penetration of online population: 136.10%

> 40,829,720 > 40,829,720 FacebookFacebook users & GROWING… users & GROWING…

World rank: No. 2

Page 6: Stakeholder engagement with social media

> 5 million blogs in Indonesia

Page 7: Stakeholder engagement with social media

social media is…

A ConversationPowered Powered ManagedOrganized and Connected by ....

Page 8: Stakeholder engagement with social media
Page 9: Stakeholder engagement with social media

Thispresentation is NOTabout social media.

It’s about It’s about

Stakeholder Engagement.

Page 10: Stakeholder engagement with social media

Company

Customers

SuppliersStaff

Company

OwnersCommunity

Page 11: Stakeholder engagement with social media

Everybody…Everybody…

Page 12: Stakeholder engagement with social media

Stakeholder Management Matrix

Identify who you should spend the most time and effort on, and collect the names and addresses of the “Manage Closely” group

Manage Closely

These are the people you must

fully engage and make the

Keep Satisfied

Put enough work in with these

people to keep them satisfied, but

Source: PM Hut blog

fully engage and make the

greatest efforts to satisfy.

people to keep them satisfied, but

not so much that they become bored

with your message.

Keep Informed

Keep these people informed, and talk to

them to ensure that no major issues are

arising. These people can often have

influence in areas you are unaware of, as

seen in viral adoption.

Monitor

Monitor these people, but do not

burden them with excessive

communication.

Influence

Inte

rest

Page 13: Stakeholder engagement with social media

Storytelling…Storytelling…Storytelling…Storytelling…

Page 14: Stakeholder engagement with social media
Page 15: Stakeholder engagement with social media
Page 16: Stakeholder engagement with social media

Qantas fleet is grounded for 48 hours and chaos ensues

Initial tweets came from @QantasMediaInitial tweets came from @QantasMedia

@QantasMedia used as “breaking news” channel

Retweeted from @QantasAirways

Ongoing updates from @QantasAirways

Tone was formal, accurate, factual, and authoritative

Page 17: Stakeholder engagement with social media
Page 18: Stakeholder engagement with social media

Framework for Engagement

Content presentsopportunitiesand risks.Moderators needto be guided byto be guided bytraining, policy,common sense(and a little bit offear…)

Page 19: Stakeholder engagement with social media

Engagement is core business.

Objectives can only be met with strategic communications:

• Inspiring potential and current staff

• Marketing products & services• Marketing products & services

• Company branding

• Community engagement

• Government affairs

• PR and Media relations

Page 20: Stakeholder engagement with social media

5 Steps5 Steps to Engagement1: Assess Stakeholder Needs & Interests

2: Develop Rules Of Engagement

3: Identify Right Managers For YOUR Stakeholders

4: Establish Internal & External Process

5: Train, Equip & Deploy (TED)

Page 21: Stakeholder engagement with social media

5 C’s Engagement

Content: ongoing narrative (stories) which educates, inspires, informs and connects.

Context: deep understanding of how participants within community engage and the tools they

use to do so.Connectivity: connecting members of Connectivity: connecting members of community in mutually beneficial ways.

Continuity: sustaining efforts over time, ensuring that community is healthy and productive.

Collaboration: collaborative efforts of participants who share, co-create and edit each others efforts.

Page 22: Stakeholder engagement with social media

Engagement

BloggingMicro Blogging

Photo Sharing

Message Boards

RSS Feeds

Engagement tools Video

Sharing

PodcastsWidgets

Social Networkin

g

Chat Rooms

Source: Universal McCann Companies Study on Social Media Trends (March 2008)

Page 23: Stakeholder engagement with social media

• Investor‐focused

• Greatly increased outreach and accessibility

• Be approachable, encourage questions, respond to comments, acknowledge reTweets and mentions

• Push out corporate news, industry news,

Twitter

• Push out corporate news, industry news, interesting articles, goodwill news about peers

• Follow the people and communities that you want to follow you

• Respond to all questions

Follow me @poonamsagar

Page 24: Stakeholder engagement with social media

Facebook• Community focus• Push out feel good news, job postings, no $$ stuff

• Be innovative to draw people to site – photo contests, etc.

Corporate Blog• Talk about non‐material but positive information

• Expand on press releases, frequent Q&As• Increases Google rankings

Page 25: Stakeholder engagement with social media

LinkedIn• Encourage employees to join – spreading corporate brand, shows you’ve got qualified, high‐quality team

• Participate in discussion groups – demonstrate that thecompany has something to say

company has something to say • Searchable with Google

SlideShare• Post presentations• Can track views, searchable with Google• SlideShare pushes out “similar information” to members

Page 26: Stakeholder engagement with social media

YouTube• Corporate videos, project videos, interviews• Show credibility, personality

WebcastsWebcasts• Choose conferences with webcast option– Expanded reach– See spokesperson in action – credibility– Archived and accessible• Open up to online questions as well as phone

Page 27: Stakeholder engagement with social media

Online channels inspire offline inspire offline behavior and action…

Page 28: Stakeholder engagement with social media

Economic Success IncludesSuccess Includes

• • Increasing sales

• • Growing market share (or brand preference share)

• Return on marketing • Return on marketing investment• Return on marketing • Return on marketing investment

• Growing shareholder value or share price• Growing shareholder value or share price

• Increasing reputation and image (via external • Increasing reputation and image (via external rankings, stock price)rankings, stock price)

• Increasing the lifetime value of a customer• Increasing the lifetime value of a customer

(brand loyalty)(brand loyalty)

Page 29: Stakeholder engagement with social media

Behavioral Change Includes:

• Raising awareness

• Shifting attitudes and change stakeholder Perceptions

• Driving trial• Driving trial

• Inspiring action: Do more or Do less

• Recommending (e.g. net promoter

score)

Page 30: Stakeholder engagement with social media

Support Organizational Functions

Human Resources:

recruiting, retention, job descriptions

Internal Communications

collaboration, communication, resource sharing

Collaborative Training:

tools, processes, information-sharing

http://www.flickr.com/photos/32955500@N08/3084647270/

tools, processes, information-sharing

Product Development:

research, sentiment, real-time feedback

Customer Service:

Real-time reactions, listening, community feedback and support

Sales/Marketing:

engagement, lead generation, sales cycle development

Page 31: Stakeholder engagement with social media

Insight

Make decisions based on hard data.

• Answer questions ‘who, why and how’ first.

• Stakeholder profile: demographic • Stakeholder profile: demographic segments, activity, networks

• What content is valuable to them – how might they share it?

• Make insight cycle perpetual using analytics and reporting frameworks

Page 32: Stakeholder engagement with social media

•Listening•Learning•Conversing•Sharing

•Dismissing•Ignoring•Automating•Refusing•Sharing

•Researching•Following•Investing•Trusting•Relating•Acknowledging•Doing•Engaging

•Refusing•Assailing•Boring•Tiring•Repulsing•Preaching•Annoying

Page 33: Stakeholder engagement with social media

Quick TipsQuick Tips

• Brand your pages

• Choose the right person as your social media

spokesperson

• Show your personality• Show your personality

• But remember this is corporate information, not personal

• Be creative

• Copy other people’s ideas

• Try new things

Page 34: Stakeholder engagement with social media

Source: simpliflying.com

Page 35: Stakeholder engagement with social media

To summarize…To summarize…

Page 36: Stakeholder engagement with social media

Summary• Empowered employees • Empowered employees �� ambassadorsambassadors• Community engagement • Community engagement ��lifetime value lifetime value for for multiple stakeholdersmultiple stakeholders

• Community managers • Community managers ��engageengage CommunityCommunity• • TEDTED: Train, Equip & Deploy community : Train, Equip & Deploy community • • TEDTED: Train, Equip & Deploy community : Train, Equip & Deploy community managers on social platformsmanagers on social platforms

• Success • Success ��economic & behavioral economic & behavioral • Organizational implications between PR, • Organizational implications between PR, marketing & coordination with marketing & coordination with steering steering committeecommittee

Page 37: Stakeholder engagement with social media

Your stakeholders are listening out for you …

Building relationships: reaching people reaching people how and how and when they want.when they want.

Page 38: Stakeholder engagement with social media

Connect with me:Poonam SagarTwitter: @poonamsagarEmail: [email protected]: poonamsagar.comCompany website: www.infotech.co.id