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social media for business

    employee engagement + internal communications

    welcome!


    June 18, 2009


Thursday, June 18, 2009
What’s this group about?


                    • Goals:
                     • Promote information sharing among
                            business professionals in NYC
                          • Provide a forum for networking among
                            complementary business segments



Thursday, June 18, 2009
Definition of “Social Media”



                    • My attempt: “Efficient two-way many-to-
                          many communication and media exchange”




Thursday, June 18, 2009
Mainstream Perception of Social Media?




                                    From: DespairWear

Thursday, June 18, 2009
Sort of...

                    •     Intersection of many discrete fields:
                          •  Information theory
                          •  Computer science
                          •  Publishing
                          •  Sociology
                          •  Management theory
                          •  ....and many more




Thursday, June 18, 2009
Part of a larger picture

                    •     The social web - and by extension, social media - is one
                          part of the larger picture: the evolution of network
                          computing.

                    •     III (“International Information Infrastructure” aka the
                          internet): how computers are connected

                    •     WWW (“World Wide Web”): how documents are
                          connected

                    •     GGG (“Giant Global Graph”): how people are connected




Thursday, June 18, 2009
Visualizing the social graph
          •       Most online communities
                  consist of three social
                  rings:

              •       A central “core” of
                      densely connected
                      individuals

              •       Loosely connected
                      second ring

              •       Third ring of
                      disconnected nodes,
                      or “lurkers”


              See: http://www.seomoz.org/blog/whiteboard-friday-blogging-community-outreach




Thursday, June 18, 2009
A closer look...
          •       “Inner core” is highly clustered

          •       This group is deeply invested in the
                  community’s success

          •       Typically <20% of community
                  members

          •       Field of Social Network Analysis
                  (SNA) measures paths of:
                  information, ideas, influence.

          •       Developing a successful community
                  is more than growing the number
                  of members or relationships: it’s
                  about the type, strength, and value of
                  those relationships.

          •       Value of relationships: social capital



Thursday, June 18, 2009
What does it look & feel like?



                          •   Highly distributed, decentralized, and democratic

                          •   Extremely low latency: approaches real-time

                          •   Increased information efficiency




Thursday, June 18, 2009
What does it look & feel like?


            •       Maps virtual relationships to
                    “real life” relationships
                    (meetups, SMS, geolocation)

            •       Self-organized

            •       Increasingly mobile-enabled




Thursday, June 18, 2009
What does it look & feel like?



                    • Organizational information exchange
                          becomes less vertical: diagonal, trending to
                          horizontal.




Thursday, June 18, 2009
Political effects

     •       Information efficiency
             creates downward shift of
             power & influence,
             increased transparency

     •       This is happening within
             organizations of all sizes:
             small businesses, the
             enterprise, countries



Thursday, June 18, 2009
How does it work?

       •       Platform-based

       •       Infrastructure is largely
               based on cloud hosting,
               API’s, and small client
               apps




Thursday, June 18, 2009
Some industries have been
                              disrupted early

        • Print and broadcast
                media
        • PR/Communications
        • Advertising


Thursday, June 18, 2009
Highly disruptive to traditional media




                                       Inspired by Fred Wilson
                                   http://slideshare.net/fredwilson




Thursday, June 18, 2009
Some industries are only starting to
                              feel the effects


       • Legal
       • Finance
       • Education
       • Government
       • Health care

Thursday, June 18, 2009
What does it mean to companies and
                            organizations?
   •       Customer engagement
           becomes conversational

   •       Personality attracts customers.
           Letting individuals within an
           organization speak on their
           own gives customers and
           content consumers something
           to relate to.

   •       Giving up control can be
           difficult/risky but has big
           potential for payoffs

Thursday, June 18, 2009
What does it mean to companies and
                            organizations?



      •       Brand identity and
              customer
              experience become
              deeply intertwined




Thursday, June 18, 2009
What does it mean to companies and
                            organizations?

                    •     Almost all aspects of business will be impacted:

                          •   Operations

                          •   PR/Sales/Marketing

                          •   Recruiting & On-boarding

                          •   Employee communications

                          •   Information management

                          •   Project management


Thursday, June 18, 2009
New Challenges


                          • Many legal considerations
                          • Brand & IP management
                          • Disclosures & representations by
                            employees
                          • Usage guidelines

Thursday, June 18, 2009
What tools are available?




Thursday, June 18, 2009
Source: FredCavazza.net
Thursday, June 18, 2009
Questions?




Thursday, June 18, 2009

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Final version: Social Media for Business Intro

  • 1. social media for business employee engagement + internal communications welcome! June 18, 2009 Thursday, June 18, 2009
  • 2. What’s this group about? • Goals: • Promote information sharing among business professionals in NYC • Provide a forum for networking among complementary business segments Thursday, June 18, 2009
  • 3. Definition of “Social Media” • My attempt: “Efficient two-way many-to- many communication and media exchange” Thursday, June 18, 2009
  • 4. Mainstream Perception of Social Media? From: DespairWear Thursday, June 18, 2009
  • 5. Sort of... • Intersection of many discrete fields: • Information theory • Computer science • Publishing • Sociology • Management theory • ....and many more Thursday, June 18, 2009
  • 6. Part of a larger picture • The social web - and by extension, social media - is one part of the larger picture: the evolution of network computing. • III (“International Information Infrastructure” aka the internet): how computers are connected • WWW (“World Wide Web”): how documents are connected • GGG (“Giant Global Graph”): how people are connected Thursday, June 18, 2009
  • 7. Visualizing the social graph • Most online communities consist of three social rings: • A central “core” of densely connected individuals • Loosely connected second ring • Third ring of disconnected nodes, or “lurkers” See: http://www.seomoz.org/blog/whiteboard-friday-blogging-community-outreach Thursday, June 18, 2009
  • 8. A closer look... • “Inner core” is highly clustered • This group is deeply invested in the community’s success • Typically <20% of community members • Field of Social Network Analysis (SNA) measures paths of: information, ideas, influence. • Developing a successful community is more than growing the number of members or relationships: it’s about the type, strength, and value of those relationships. • Value of relationships: social capital Thursday, June 18, 2009
  • 9. What does it look & feel like? • Highly distributed, decentralized, and democratic • Extremely low latency: approaches real-time • Increased information efficiency Thursday, June 18, 2009
  • 10. What does it look & feel like? • Maps virtual relationships to “real life” relationships (meetups, SMS, geolocation) • Self-organized • Increasingly mobile-enabled Thursday, June 18, 2009
  • 11. What does it look & feel like? • Organizational information exchange becomes less vertical: diagonal, trending to horizontal. Thursday, June 18, 2009
  • 12. Political effects • Information efficiency creates downward shift of power & influence, increased transparency • This is happening within organizations of all sizes: small businesses, the enterprise, countries Thursday, June 18, 2009
  • 13. How does it work? • Platform-based • Infrastructure is largely based on cloud hosting, API’s, and small client apps Thursday, June 18, 2009
  • 14. Some industries have been disrupted early • Print and broadcast media • PR/Communications • Advertising Thursday, June 18, 2009
  • 15. Highly disruptive to traditional media Inspired by Fred Wilson http://slideshare.net/fredwilson Thursday, June 18, 2009
  • 16. Some industries are only starting to feel the effects • Legal • Finance • Education • Government • Health care Thursday, June 18, 2009
  • 17. What does it mean to companies and organizations? • Customer engagement becomes conversational • Personality attracts customers. Letting individuals within an organization speak on their own gives customers and content consumers something to relate to. • Giving up control can be difficult/risky but has big potential for payoffs Thursday, June 18, 2009
  • 18. What does it mean to companies and organizations? • Brand identity and customer experience become deeply intertwined Thursday, June 18, 2009
  • 19. What does it mean to companies and organizations? • Almost all aspects of business will be impacted: • Operations • PR/Sales/Marketing • Recruiting & On-boarding • Employee communications • Information management • Project management Thursday, June 18, 2009
  • 20. New Challenges • Many legal considerations • Brand & IP management • Disclosures & representations by employees • Usage guidelines Thursday, June 18, 2009
  • 21. What tools are available? Thursday, June 18, 2009