Taking A Strategic Approach to Social Media

57
The State of Play
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Presentation given at Social Media Academy's Facebook Conference, 8th December 2010

Transcript of Taking A Strategic Approach to Social Media

Page 1: Taking A Strategic Approach to Social Media

The State of Play

Page 2: Taking A Strategic Approach to Social Media

Smell the Hype

The Only Way is Up When was the last time someone made a film about

Rupert Murdoch?

Page 3: Taking A Strategic Approach to Social Media

Answering Every Commercial Problem?

Track sentiment & provide advance warning

Rally supporters & mobilise/inspire internal audience

Engage critics

Facilitate stakeholder involvement in product, policy or service development

Drive SEO performance

Measure effectiveness of/response to other comms

Supercharge customer relations

Page 4: Taking A Strategic Approach to Social Media

Numbers are Compelling

• 70% of companies regularly create value through use of web-based communities

• Using customer communities to solve customer problems costs 10% of traditional call centres

* McKinsey 2010

Page 5: Taking A Strategic Approach to Social Media

Reinventing Democracy?

Page 6: Taking A Strategic Approach to Social Media

Get ready for the backlash

Gartner Hype Cycle

Peak of Inflated Expectations

Trough of Disillusionment

Slope of Enlightenment

Plateau of Productivity

Page 7: Taking A Strategic Approach to Social Media

Changing Patterns of Behaviour & New Expectations

Page 8: Taking A Strategic Approach to Social Media

Supercharged Activism

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Supercharged Consumerism

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Heightened Expectations

• Speed & responsiveness

“The trouble with McDonald’s is it’s too bloody slow”

Instant access, instant response, instant gratification“living life through shortcuts” MTV

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“Amplifying the Volume of Moaning”

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Amplifying the Damage Caused by Internal Moaning

• “Rude, smelly and stupid”

• “Pikey skanks”

• “Chavs” “Poor safety standards”

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Placing a Premium on Judgement

• The crowd isn’t always wise or right

• Mobs of misinformed zealots are no more legitimate when they appear online

• Should you always give people what they say they want?

• Populism is a weakness… whereas taking a stand on unpopular or controversial issues can be a sign of strength

Page 14: Taking A Strategic Approach to Social Media

Being Strategic

Page 15: Taking A Strategic Approach to Social Media

The value of being strategic

• Solving real problems e.g. trust deficit

• Moving up the value chain

Becoming central to your company’s future

Following the serious money

Safeguarding your future

Page 16: Taking A Strategic Approach to Social Media

The danger of staying tactical

• Irrelevance/insignificance

• Senior management disinterest

• Lack of influence

• Low budgets

Page 17: Taking A Strategic Approach to Social Media

Being Strategic

1.Avoid fixation with tech, tactics & trivia

2.Understandsocio-culturalcontext

3.Empathise withorganisation’schallenges

4.Understandmarketingcontext

Page 18: Taking A Strategic Approach to Social Media

Boring is good

"Tools don't get socially interesting until they get technologically boring.“Clay Shirky

Page 19: Taking A Strategic Approach to Social Media

Short-term triumph of the trivial

Page 20: Taking A Strategic Approach to Social Media

Don’t get so carried away by unlimited possibilities of social media

… that you lose sight of real business objectives

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Page 22: Taking A Strategic Approach to Social Media

Being Strategic

1.Avoid fixation with tech, tactics & trivia

2.Understandsocio-culturalcontext

3.Empathise withorganisation’schallenges

4.Understandmarketingcontext

Page 23: Taking A Strategic Approach to Social Media

Socio cultural shifts

Trust deficitDeath of deference

+

Page 24: Taking A Strategic Approach to Social Media

Cynicism is our default settingHow much do you trust to do what is right (Informed adults in UK)?

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Authority Dispersed

• “End of the expert”

• Traditional authority figures no longer credible

• Continued rise of ‘regular’ people (employees, friends, peers) as sources of trusted authority

Page 26: Taking A Strategic Approach to Social Media

Socio cultural shifts

Self expression

Page 27: Taking A Strategic Approach to Social Media

Art for Facebook generation

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Socio cultural shifts

Self expression

+

Collective action

Page 29: Taking A Strategic Approach to Social Media

The spirit of collective action

Page 30: Taking A Strategic Approach to Social Media

When self expression meets collective action

Page 31: Taking A Strategic Approach to Social Media

When self expression meets collective action

Page 32: Taking A Strategic Approach to Social Media

Economic altruism

“people like to create & wish to share. A surprising amount of useful, creative or expressive activity is generated without any financial incentive at all”

Page 33: Taking A Strategic Approach to Social Media

Organisation without Organisation

• No permanent office

• No paid employees

• Armed with a sophisticated understanding of new technology& an army of enthusiasts

Page 34: Taking A Strategic Approach to Social Media

Organisation without Organisation

Page 35: Taking A Strategic Approach to Social Media

Loose, informal alliances

Page 36: Taking A Strategic Approach to Social Media

Loose, informal alliances

Page 37: Taking A Strategic Approach to Social Media

Evolution of Crowdsourcing

Customising

Contributing

Creating

Solving

Collaborating

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Collaborative Journalism

“mutualisation” = “getting readers to care about, inform and enhance our coverage” Meg Pickard

Page 39: Taking A Strategic Approach to Social Media

Socio cultural shifts

Self expression

+

Collective action

+

Subversion

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The Age of Subversion

Page 41: Taking A Strategic Approach to Social Media

The Age of Subversion

Page 42: Taking A Strategic Approach to Social Media

Subverting Business

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Powered by new technology

Page 44: Taking A Strategic Approach to Social Media

Being Strategic

1.Avoid fixation with tech, tactics & trivia

2.Understandsocio-culturalcontext

3.Empathise withorganisation’schallenges

4.Understandmarketingcontext

Page 45: Taking A Strategic Approach to Social Media

Social Media Success Built On

• Being responsive

• Being human

• Being open

Page 46: Taking A Strategic Approach to Social Media

Social Media Success Built On

• Being responsive

• Being human

• Being open/transparent

What is typical

Slow & bureaucratic

Faceless

Opaque

Page 47: Taking A Strategic Approach to Social Media

Why many institutions struggle• Not configured to work in real time, in terms of

speed or resources

• Uncomfortable in a world where judgement more important that fixed rules & processes

• Nervous about letting real people on the inside talk to people on the outside … lack of trust

• Don’t like criticism

• Struggle to define what success looks like

• Feel out of control

Page 48: Taking A Strategic Approach to Social Media

Organisational Challenge

Disconnected Organisation

Connected Customer

meets

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Connected Customers

• Expect to be able to scrutinise, debate issues & share ideas

• Expect institutions to be able to respond in real time

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Social media dramatises the disconnection

• Reveals silos• Highlights trust deficit• Underlines structural/

operational weaknesses– Decision making– Speed– Legal constraints

Need to address fundamental structural, organisational & cultural weaknesses

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Ignorance is no excuse

“We would love to go on Facebook and we have been having a discussion around that, but it is uncharted territory” (HSBC Executive)

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… but empathy is needed

• Structures & operational procedures need to be transformed

• Roles need to be re-invented• Business models need to evolve• Legal guidelines need to change

• … all of which will take time

Page 53: Taking A Strategic Approach to Social Media

Being Strategic

1.Avoid fixation with tech, tactics & trivia

2.Understandsocio-culturalcontext

3.Empathise withorganisation’schallenges

4.Understandmarketingcontext

Page 54: Taking A Strategic Approach to Social Media

“People don't want to buy a quarter-inch

drill. They want a quarter-inch hole!”

Theodore Levitt, Harvard Business School

Page 55: Taking A Strategic Approach to Social Media

Clients don’t need a Facebook strategyThey don’t even need a social media strategy

… they need communications strategy… or customer engagement strategy… with social media at its heart

Page 56: Taking A Strategic Approach to Social Media

Being Strategic

1.Avoid fixation with tech, tactics & trivia

2.Understandsocio-culturalcontext

3.Empathise withorganisation’schallenges

4.Understandmarketingcontext

Page 57: Taking A Strategic Approach to Social Media

www.crowdsurfing.net#crowdsurfing