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Social Business
Transforming Relationships for Growth,
Innovation, and Efficiency




                       Mike Handes
                       @mikehandes
                       mhandes@au1.ibm.com
           Social Business, A/NZ, IBM
2
The Fifth IT Era: The era of Social




                                                            Social

                                               Internet




                                 PCs



            Departmental

Mainframe
                           What’s your Social Business Agenda?
Social Media vs. Social Business

     Social Media               Social Business




                                    Nimble

                             Engaged

                                             Transparent

Primarily marketing and PR    Encompasses organization
                               and business processes
How Does Your Organization Stand Out?
Healthier                                           Stronger
      Eco-system                                         Relationships
                         B2B              B2C
                                       (your domain)


                                Social
                                 Biz   Consumer
                   B2E
                                            Domain
                              Social
 Workforce
                             Analytics
Optimisation &
   Ideation
                                                            New Channels




                   Listen, Learn, Measure, Take Action
Marketing
The benefits of Social Business to marketing are real

                                                  Realized benefit - median improvement %



  Increase effectiveness
  of awareness
  (realized by 52% of respondents)




  Increase revenue
  (realized by 18% of respondents)




  Increased effectiveness
  of conversion
  (realized by 52% of respondents)




                         (*) “The rise of the networked enterprise. Web 2.0 finds its payday” – McKinsey Global Survey Results, 2010
Customer
Service
Are you ready?

 Customer Service is key to the success of any business. CEOs agree…


                95% of standout organizations
                will focus more on “getting
                closer to the customer” over
                the next 5 years, 14% more
                likely than their peers.

                – IBM CEO Study 2010




     How can becoming a Social Business help you meet this goal?


                                                           Source: IBV CEO Study, 2010
"We estimated that around 70% of our work during
the crises was proactive...previously up to 90% of
the unit's work in crises was reactive.”
Value of Social Business for Customer Service

                                                     Realized benefit - median improvement %



 Increase speed of access
 to internal experts
 (realized by 52% of respondents)




 Increase speed of access
 to internal knowledge
 (realized by 77% of respondents)




 Reduce external
 communications expense
 (realized by 53% of respondents)



                        (*) “The rise of the networked enterprise. Web 2.0 finds its payday” – McKinsey Global Survey Results, 2010
Stronger
                                Relationships
      B2B         B2C
                (your domain)


            Social
             Biz   Consumer
B2E
                     Domain
         Social
        Analytics
How do people find you?



                                                      Natural
                                                      Search
                                   Display
                           Email     Ad      Social
         Mobile
 Paid             Mobile
Search
Socialise from your site and Social Media sites




Enable customers to get
problems resolved quickly
                                                         Drive innovation by supporting idea contribution


                            Allow customers to provide
                            feedback




    31
Healthier
Eco-system
                   B2B         B2C
                             (your domain)


                         Social
                          Biz   Consumer
             B2E
                                  Domain
                      Social
                     Analytics
Leverage the Ecosystem
                         $90 million in reduced
                         support center costs
Value of Social Business for R&D and New Product
Development
                                                     Realized benefit - median improvement %



Increase speed of access
to external experts
(realized by 40% of respondents)




Reduce time to market for
new products/services
(realized by 29% of respondents)




Increase number of
successful innovations
(realized by 28% of respondents)




                     (*) “The rise of the networked enterprise. Web 2.0 finds its payday” – McKinsey Global Survey Results, 2010
G2B               G2C
                    (your domain)


             Social
              Gov Consumer
G2E
                         Domain
           Social
          Analytics




Listen, Learn, Measure, Take Action
B2B         B2C
                                 (your domain)


                             Social
                              Biz   Consumer
                 B2E
                                      Domain
                          Social
 Workforce
                         Analytics
Optimisation &
   Ideation
Why is it important to use social software in the enterprise?

             Every week, 42% of people
             use the wrong information to
             make decisions


Employees spend 25% of their
time just looking for
information


    Every week businesses                     91% of CEOs say they need
    waste 5.3 hours due to                    to restructure the way their
    inefficient processes                     organizations work


        18% of the average working day is spent
        on ''work that wasted time and effort'' -
        Australian Productivity Pulse survey
A lot of the issues are symptoms of an overwhelmed
                 content-centric model
We believe content revolves around people
Do we create opportunities for serendipity?
Profiles - access a persons 360 degree view
●
    Quickly find the people and
    expertise you need and tag
    them

●
    Post a status message
    informing your network of
    what you are doing

●
    Grow and maintain your
    professional network and
    tag them

●
    Communicate to your
    network your expertise and
    content

Respond faster and make better decisions
FIND me a person that knows about..
                      Profiles
                     and Tags
                      search
Break Down Silo's




                         Lowes
Sharing selling best practices and
                 contributing over
       $1M in additional
                revenue
       - Serendipity Happens, Dachis Group
Embedded Experiences


                        Embedded experiences
                       ease transient interactions
                        with content within mail
                         and other applications.




                                             51
Activity Streams provide attention management
Sun Life
Goals
• Drive Revenue & Profit Through…
   – Attracting Millennium Workers
   – Attracting Millennium Customers
   – Capture and Share Expertise




                                                Culture
                                       • Executive Sponsorship
                                       • Social Guidelines and
                                         Policies
                                       • IdeaShare: 330 New Ideas
Value of Social Business for HR and Talent
Management
                                                    Realized benefit - median improvement %



 Increase speed of access
 to internal knowledge
 (realized by 77% of respondents)




 Increase speed of access
 to internal experts
 (realized by 52% of respondents)



 Reduce internal
 communications
 expense
 (realized by 60%)




                      (*) “The rise of the networked enterprise. Web 2.0 finds its payday” – McKinsey Global Survey Results, 2010
Mike Handes          Sydney, Australia
Social Business      +61 2 9463 5220
IBM Software Group   mhandes@au1.ibm.com

                @mikehandes
                www.twitter.com/mikehandes

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Amex social business innovation 2012 02

  • 1. Social Business Transforming Relationships for Growth, Innovation, and Efficiency Mike Handes @mikehandes mhandes@au1.ibm.com Social Business, A/NZ, IBM
  • 2. 2
  • 3. The Fifth IT Era: The era of Social Social Internet PCs Departmental Mainframe What’s your Social Business Agenda?
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10. Social Media vs. Social Business Social Media Social Business Nimble Engaged Transparent Primarily marketing and PR Encompasses organization and business processes
  • 11. How Does Your Organization Stand Out?
  • 12. Healthier Stronger Eco-system Relationships B2B B2C (your domain) Social Biz Consumer B2E Domain Social Workforce Analytics Optimisation & Ideation New Channels Listen, Learn, Measure, Take Action
  • 14.
  • 15.
  • 16.
  • 17. The benefits of Social Business to marketing are real Realized benefit - median improvement % Increase effectiveness of awareness (realized by 52% of respondents) Increase revenue (realized by 18% of respondents) Increased effectiveness of conversion (realized by 52% of respondents) (*) “The rise of the networked enterprise. Web 2.0 finds its payday” – McKinsey Global Survey Results, 2010
  • 19. Are you ready? Customer Service is key to the success of any business. CEOs agree… 95% of standout organizations will focus more on “getting closer to the customer” over the next 5 years, 14% more likely than their peers. – IBM CEO Study 2010 How can becoming a Social Business help you meet this goal? Source: IBV CEO Study, 2010
  • 20.
  • 21. "We estimated that around 70% of our work during the crises was proactive...previously up to 90% of the unit's work in crises was reactive.”
  • 22.
  • 23.
  • 24.
  • 25. Value of Social Business for Customer Service Realized benefit - median improvement % Increase speed of access to internal experts (realized by 52% of respondents) Increase speed of access to internal knowledge (realized by 77% of respondents) Reduce external communications expense (realized by 53% of respondents) (*) “The rise of the networked enterprise. Web 2.0 finds its payday” – McKinsey Global Survey Results, 2010
  • 26. Stronger Relationships B2B B2C (your domain) Social Biz Consumer B2E Domain Social Analytics
  • 27. How do people find you? Natural Search Display Email Ad Social Mobile Paid Mobile Search
  • 28.
  • 29.
  • 30.
  • 31. Socialise from your site and Social Media sites Enable customers to get problems resolved quickly Drive innovation by supporting idea contribution Allow customers to provide feedback 31
  • 32. Healthier Eco-system B2B B2C (your domain) Social Biz Consumer B2E Domain Social Analytics
  • 33.
  • 34. Leverage the Ecosystem $90 million in reduced support center costs
  • 35. Value of Social Business for R&D and New Product Development Realized benefit - median improvement % Increase speed of access to external experts (realized by 40% of respondents) Reduce time to market for new products/services (realized by 29% of respondents) Increase number of successful innovations (realized by 28% of respondents) (*) “The rise of the networked enterprise. Web 2.0 finds its payday” – McKinsey Global Survey Results, 2010
  • 36. G2B G2C (your domain) Social Gov Consumer G2E Domain Social Analytics Listen, Learn, Measure, Take Action
  • 37.
  • 38. B2B B2C (your domain) Social Biz Consumer B2E Domain Social Workforce Analytics Optimisation & Ideation
  • 39. Why is it important to use social software in the enterprise? Every week, 42% of people use the wrong information to make decisions Employees spend 25% of their time just looking for information Every week businesses 91% of CEOs say they need waste 5.3 hours due to to restructure the way their inefficient processes organizations work 18% of the average working day is spent on ''work that wasted time and effort'' - Australian Productivity Pulse survey
  • 40. A lot of the issues are symptoms of an overwhelmed content-centric model
  • 41. We believe content revolves around people
  • 42.
  • 43. Do we create opportunities for serendipity?
  • 44. Profiles - access a persons 360 degree view ● Quickly find the people and expertise you need and tag them ● Post a status message informing your network of what you are doing ● Grow and maintain your professional network and tag them ● Communicate to your network your expertise and content Respond faster and make better decisions
  • 45. FIND me a person that knows about.. Profiles and Tags search
  • 46. Break Down Silo's Lowes Sharing selling best practices and contributing over $1M in additional revenue - Serendipity Happens, Dachis Group
  • 47.
  • 48.
  • 49.
  • 50.
  • 51. Embedded Experiences Embedded experiences ease transient interactions with content within mail and other applications. 51
  • 52. Activity Streams provide attention management
  • 53.
  • 54. Sun Life Goals • Drive Revenue & Profit Through… – Attracting Millennium Workers – Attracting Millennium Customers – Capture and Share Expertise Culture • Executive Sponsorship • Social Guidelines and Policies • IdeaShare: 330 New Ideas
  • 55. Value of Social Business for HR and Talent Management Realized benefit - median improvement % Increase speed of access to internal knowledge (realized by 77% of respondents) Increase speed of access to internal experts (realized by 52% of respondents) Reduce internal communications expense (realized by 60%) (*) “The rise of the networked enterprise. Web 2.0 finds its payday” – McKinsey Global Survey Results, 2010
  • 56.
  • 57. Mike Handes Sydney, Australia Social Business +61 2 9463 5220 IBM Software Group mhandes@au1.ibm.com @mikehandes www.twitter.com/mikehandes