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Strategies for

Selling Social Media




                                                    Watch the webinar video instead
                                                             Prescient Digital Media
                                                                          April 2011
          Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Prescient Digital Media
   We build highly effective websites & intranets




        Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Holtz Communication + Technology
   Digital content and communication strategies




        Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Agenda

   Employer of choice
   Demographic needs
   Metrics for selling
   Executive voice




         Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Employer of choice




     Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Career Model: Free agency
   4.1 years: median years person stays with an
    organization (U.S. Department of Labour)
   7 – 10 jobs over course of career




          Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Competing for talent
   Recruiting and retaining qualified staff
   Time to productivity
   Employee engagement
   Knowledge worker productivity




           Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
“There isn’t anything I send to employees
                        that I wouldn’t be prepared to have published
                        on the front page of the newspaper. I don’t
                        think control actually exists. The question is, did
                        it ever exist? Probably to some degree, but
                        social media, the explosion of technology, has
                        just amplified the folly of the notion of internal
                        versus external voice. I don’t think there’s such
                        a thing anymore.”

                                                            -- Brian J. Dunn, CEO, Best Buy




Strictly Confidential      © 2011 Prescient Digital Media   Not For Distribution
Demographic needs




    Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Gen X & Millenials

   Millennials: 21% of respondents
   Generation X: 29% if respondents
   Boomers: 37% of respondents
   Veterans: 13% of respondents




                                   Source: Insidedge Generational Communications Survey, 2011




          Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Talkin’ With My Generation
  "My employer does a GOOD JOB COMMUNICATING with me and other
  employees of MY GENERATION."




                                   Source: Insidedge Generational Communications Survey, 2011




          Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Getting Social
  "Social media and networks, online communities and other Internet
  communications tools are important to me in the workplace."




                                    Source: Insidedge Generational Communications Survey, 2011




           Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Growth of Knowledge Workers
   75% of workforce in healthcare and education are
    knowledge workers
       Wages account for 18% of GDP in United States
       Premium of 55% to 75% versus those who perform
        production or transactional tasks
   Measure by quality and quantity of interactions




                                                                                Source: McKinsey


            Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
The Hyperconnected
   Connected wherever they are
   Personal/business lives blurred
        It’s all one conversation
   Accustomed to social learning
        Participatory, social, fun, engaging
        Not designed and delivered from the top down
   Currently 16% of the workforce; 40% of the workforce in next
    few years (IDC)




              Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Employee networking
Intranet 2.0 Global Study 2010




                                                                                    Up 42%




    27%
                                                                                     13%
                                                                                     enterprise
                                                                                     deployment
                                                                                     14% limited
                                                                                     deployment

                                                                                      19% have
                                                                                      no plans
                    Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Metrics for selling




     Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
…some companies use Web 2.0 in revolutionary ways. This elite group
of organizations—3 percent of those in our survey—derives very high
levels of benefits from Web 2.0’s widespread use, involving employees,
customers, and business partners, according to the survey.
Respondents at these organizations reported higher levels of employee
benefits than internally networked organizations did and higher levels of
customer and partner benefits than did externally networked
organizations. In applying Web 2.0 technologies, fully networked
enterprises seem to have moved much further along the learning curve
than other organizations have. The integration of Web 2.0 into day-to-
day activities is high, executives say, and they report that these
technologies are promoting higher levels of collaboration by helping to
break down organizational barriers that impede information flows.
ROI from Web 2.0

     52% of organizations using Web 2.0 achieved Best-in-
      Class performance compared to only 5% that didn’t
     Companies using Web 2.0 tools achieved 18%
      increase in engagement vs. 1% among those that
      didn’t
Wiki ROI
    T. Rowe Price adds 1,500 workers to its call center each tax
     season & transferred the entire training program to a wiki.
    Price encouraged new employees to take notes during the
     sessions and then add notes, comments &
     recommendations to the wiki.
    As a result, the company estimates that it saves 1-2 mins.
     per call at $20 per min. (net result = millions of dollars).
Social networking ROI
   Sabre (cubeless)
      Frequent Use
       60% of questions answered within one hour of posting

       90% of questions answered within 24 hours of posting

       Each question posted receives an average of 9 answers

      Faster speed-to-market
       People find information faster

       New-hires ramp up faster

      Growing cost savings
       US$500,000 hard cost savings in first year




          Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Executive voice




     Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Executives determine success
   “An important lesson learned at Cisco is that social media has
    to make its way into an organisation top down. All too often it
    makes its way in via the bottom layer – young people who
    know about social media try to make colleagues enthusiastic
    and launch small projects. This is a positive thing, but it is
    important that social media are integrated on a strategic level.
    This entails the need for budget, time and people”

                                         LaSandra Brill, social media manager, Cisco


                                                                     Source: Social Media Today



            Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
The Executive Voice
6 Killer Reasons




     Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Executives get it




94% of executives are using Web 2.0 to boost internal comms.
               Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution 2.0 Enterprise survey)
                                                                          (Building the Web
The competition gets it




87% of organizations have at least one intranet 2.0 tool
Adds ‘tacit’ knowledge & context to a sea of content.
New hires expect it




                 Employees under 40 use social media everyday;
           they expect that the company they work for also does.
Virtually every single knowledge worker under the age of 50 uses social media




                  Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
www.Prescie
           ntDigital.com




www.PrescientDigital.com
www.Prescie
           ntDigital.com




www.PrescientDigital.com
Q&A




 Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution
Toby Ward                                   Shel Holtz
toby@prescientdigital.com                    shel@holtz.com
www.PrescientDigital.com                     www.holtz.com
www. IntranetBlog.com                        blog.holtz.com
www.Twitter.com/tobyward                     www.Twitter.com/shelholtz
www.Twitter.com/Intranet2                    www.forimmediaterelease.biz
www.Communexions.com




  Strictly Confidential   © 2011 Prescient Digital Media   Not For Distribution

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Taking Aim: Strategies For Selling Social Media To Target Audiences In Your Organization

  • 1. Strategies for Selling Social Media Watch the webinar video instead Prescient Digital Media April 2011 Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 2. Prescient Digital Media  We build highly effective websites & intranets Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 3. Holtz Communication + Technology  Digital content and communication strategies Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 4. Agenda  Employer of choice  Demographic needs  Metrics for selling  Executive voice Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 5. Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 6. Employer of choice Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 7. Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 8. Career Model: Free agency  4.1 years: median years person stays with an organization (U.S. Department of Labour)  7 – 10 jobs over course of career Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 9. Competing for talent  Recruiting and retaining qualified staff  Time to productivity  Employee engagement  Knowledge worker productivity Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 10. “There isn’t anything I send to employees that I wouldn’t be prepared to have published on the front page of the newspaper. I don’t think control actually exists. The question is, did it ever exist? Probably to some degree, but social media, the explosion of technology, has just amplified the folly of the notion of internal versus external voice. I don’t think there’s such a thing anymore.” -- Brian J. Dunn, CEO, Best Buy Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 11. Demographic needs Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 12. Gen X & Millenials  Millennials: 21% of respondents  Generation X: 29% if respondents  Boomers: 37% of respondents  Veterans: 13% of respondents Source: Insidedge Generational Communications Survey, 2011 Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 13. Talkin’ With My Generation "My employer does a GOOD JOB COMMUNICATING with me and other employees of MY GENERATION." Source: Insidedge Generational Communications Survey, 2011 Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 14. Getting Social "Social media and networks, online communities and other Internet communications tools are important to me in the workplace." Source: Insidedge Generational Communications Survey, 2011 Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 15. Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 16. Growth of Knowledge Workers  75% of workforce in healthcare and education are knowledge workers  Wages account for 18% of GDP in United States  Premium of 55% to 75% versus those who perform production or transactional tasks  Measure by quality and quantity of interactions Source: McKinsey Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 17. The Hyperconnected  Connected wherever they are  Personal/business lives blurred  It’s all one conversation  Accustomed to social learning  Participatory, social, fun, engaging  Not designed and delivered from the top down  Currently 16% of the workforce; 40% of the workforce in next few years (IDC) Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 18.
  • 19. Employee networking Intranet 2.0 Global Study 2010 Up 42% 27% 13% enterprise deployment 14% limited deployment 19% have no plans Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 20. Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 21.
  • 22. Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 23.
  • 24.
  • 25.
  • 26. Metrics for selling Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 27. …some companies use Web 2.0 in revolutionary ways. This elite group of organizations—3 percent of those in our survey—derives very high levels of benefits from Web 2.0’s widespread use, involving employees, customers, and business partners, according to the survey. Respondents at these organizations reported higher levels of employee benefits than internally networked organizations did and higher levels of customer and partner benefits than did externally networked organizations. In applying Web 2.0 technologies, fully networked enterprises seem to have moved much further along the learning curve than other organizations have. The integration of Web 2.0 into day-to- day activities is high, executives say, and they report that these technologies are promoting higher levels of collaboration by helping to break down organizational barriers that impede information flows.
  • 28.
  • 29.
  • 30. ROI from Web 2.0  52% of organizations using Web 2.0 achieved Best-in- Class performance compared to only 5% that didn’t  Companies using Web 2.0 tools achieved 18% increase in engagement vs. 1% among those that didn’t
  • 31. Wiki ROI  T. Rowe Price adds 1,500 workers to its call center each tax season & transferred the entire training program to a wiki.  Price encouraged new employees to take notes during the sessions and then add notes, comments & recommendations to the wiki.  As a result, the company estimates that it saves 1-2 mins. per call at $20 per min. (net result = millions of dollars).
  • 32. Social networking ROI  Sabre (cubeless)  Frequent Use  60% of questions answered within one hour of posting  90% of questions answered within 24 hours of posting  Each question posted receives an average of 9 answers  Faster speed-to-market  People find information faster  New-hires ramp up faster  Growing cost savings  US$500,000 hard cost savings in first year Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 33. Executive voice Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 34. Executives determine success  “An important lesson learned at Cisco is that social media has to make its way into an organisation top down. All too often it makes its way in via the bottom layer – young people who know about social media try to make colleagues enthusiastic and launch small projects. This is a positive thing, but it is important that social media are integrated on a strategic level. This entails the need for budget, time and people”  LaSandra Brill, social media manager, Cisco Source: Social Media Today Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 36. 6 Killer Reasons Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 37.
  • 38. Executives get it 94% of executives are using Web 2.0 to boost internal comms. Strictly Confidential © 2011 Prescient Digital Media Not For Distribution 2.0 Enterprise survey) (Building the Web
  • 39. The competition gets it 87% of organizations have at least one intranet 2.0 tool
  • 40. Adds ‘tacit’ knowledge & context to a sea of content.
  • 41. New hires expect it Employees under 40 use social media everyday; they expect that the company they work for also does.
  • 42. Virtually every single knowledge worker under the age of 50 uses social media Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 43. www.Prescie ntDigital.com www.PrescientDigital.com
  • 44. www.Prescie ntDigital.com www.PrescientDigital.com
  • 45. Q&A Strictly Confidential © 2011 Prescient Digital Media Not For Distribution
  • 46. Toby Ward Shel Holtz toby@prescientdigital.com shel@holtz.com www.PrescientDigital.com www.holtz.com www. IntranetBlog.com blog.holtz.com www.Twitter.com/tobyward www.Twitter.com/shelholtz www.Twitter.com/Intranet2 www.forimmediaterelease.biz www.Communexions.com Strictly Confidential © 2011 Prescient Digital Media Not For Distribution