Brands that make the "mindset shift" from social media marketing, where everything is focused on marketing results, to a social business mindset, where strategic outcomes are the focus, achieve greater results.
Business executives have realized that being a digitally minded business is good for business. It's good for employee recruitment and retention. It's transformative.
Making this transition is a journey. In this deck, which I have used many times to deliver this presentation from the stage and in webinars, I explain "what" is a social business, "why" become a social business, and I share 10 examples of social business in action.
I cap off this presentation with an action plan and a link to an e-book that outlines this action plan.
Where is your business on the transition from social media to social business?
Bernie Borges
CEO, Find and Convert
http://www.findandconvert.com/
Host, Social Business Engine Podcast
http://www.socialbusinessengine.com
P.S. Download our e-book How to Transition from Social Media to Social Business here: bitly.com/sm-to-sb
11. @bernieborges
What is a Social Business?
A social business embraces the
culture and technology of
social media for strategic
business applications. It
understands that employees
across the organization should
contribute to brand excellence,
through external and internal
engagement.
12. @bernieborges
What is a Social Business?
A social business embraces the
culture and technology of
digital communications for
strategic business
applications. It understands that
employees across the
organization should contribute to
brand excellence, through
external and internal
engagement.
13. Why Become a Social Business?
Customers’ expectations have
changed….
@bernieborges
16. IBM 2012 Global CEO Study
http://public.dhe.ibm.com/common/ssi/ecm/en/gbe03486usen/GBE03486USEN.PDF
@bernieborges
17. 2013 Social Business Study
http://deloitte.wsj.com/cio/files/2013/07/Social-business-infographic.pdf
@bernieborges
http://www.slideshare.net/Altimeter/slides-the-state/1
18. 2014 Social Business Study
@bernieborges
http://dupress.com/articles/digital-transformation-strategy-digitally-mature/?id=gx:2el:3dc:dup1213:eng:cons:
19. 2014 Social Business Study
@bernieborges
http://dupress.com/articles/digital-transformation-strategy-digitally-mature/?id=gx:2el:3dc:dup1213:eng:cons:
20. 2013 Social Business Study
http://deloitte.wsj.com/cio/files/2013/07/Social-business-infographic.pdf
@bernieborges
21. IBM 2014 Social Study
@bernieborges
http://www.ibm.com/smarterplanet/us/en/centerforappliedinsights/article/social_insights.html
23. @bernieborg
5 Pillars of a Social Business
C Suite Gets It
Marketing is Not a Department
Employee Branding is Embraced
Investment in Social Technology
Data Driven Marketing Mindset
24. @bernieborges
Social Media to Social Business
Fans
Followers
Likes
Retweets
Shares
Shoutouts
Buzz
Talent Recruitment
Employee Collaboration
Process Improvement
Market Feedback
Customer Service
Customer Acquisition
Launch New Initiatives
27. @bernieborg
C-Suite Gets It
• Share success stories from other
executive level professionals.
• Creating / sharing online
educational resources.
• Use case studies to prove the
worth of new social tactics.
• Suggested running a pilot to get
started.
29. @bernieborg
C-Suite Gets It
• The focus of TechBeacon is to
give HP Software’s customers an
online learn hub.
• One month doing research to
prepare and receive executive
approval.
• Multiple presentations to various
business units and functions
before getting approval.
• TechBeacon is receiving
• 60,000 views per month
• 170 articles in three months
• Averaging 105 social shares
per article.
• 132 contributors
31. @bernieborg
Marketing is Not a Department
• Discover experiences a direct impact through social customer service.
• Customer experience is the new marketing.
32. @bernieborg
Marketing is Not a Department
• Discover’s “first tweet resolution” answers a question on the first tweet
with intent to resolve to issue.
• By handling a negative situation on social media Discover turned the
engagement into a new customer.
39. @bernieborg
Employee Branding is Embraced
• Having 500 social media accounts allows for the story to be told for
individual projects/missions.
40. @bernieborg
Employee Branding is Embraced
“Social media is not just a way to connect people behind a two-
dimensional screen, but it’s a way to get real human beings involved.”
41. @bernieborg
Employee Branding is Embraced
“Social media is not just a way to connect people behind a two-
dimensional screen, but it’s a way to get real human beings involved.”
43. @bernieborg
Employee Branding is Embraced
“Social media is not just a way to connect people behind a two-
dimensional screen, but it’s a way to get real human beings involved.”
44. @bernieborg
Employee Branding is Embraced
“Social media is not just a way to connect people behind a two-
dimensional screen, but it’s a way to get real human beings involved.”
46. @bernieborg
Employee Branding is Embraced
• Rick convinced the engineers at Indium Corporation to
contribute blog content.
• Being transparent and authentic humanizes their blog and
gains their customer’s trust. Slide courtesy of Rick Short (@RickShort21), Indium Corporation
50. @bernieborg
Investment in Social Technology
• Groupon deploys 7,000 custom messages per week in 21 languages
across 47 countries throughout all their social media channels through
social technology.
• Social strategy on message control and being a measurable arm of the
company.
63. Why
Become a
Social
Business
Consider these compelling business reasons to make the transition
from a social media marketing mindset to a social business.
• To humanize your products, services, and employees.
• Foster internal and external collaboration through social
tools and platforms.
• To deliver better customer service.
• To improve sales cycles.
• To create thought leadership value in your industry.
• To better meet customer’s expectations.
• To attract and retain talent.
While social business is a journey, success is not an overnight
process. It’s important to focus on how the culture and technology of
social can make a business better, and how people are at the center
of it starting in the C-Suite. Then take steps to make the transition a
reality.
@bernieborges
65. An organization of any size can
use this framework when making
the transition from social media to
social business.
@bernieborges
66. 01 C-Suite Support
• Have a Plan.
• Foster a Culture of Transparency.
• Uphold a Service Mindset.
• Build on the Collaboration Mindset.
• Cultivate a Content Mindset!
02 Marketing is not a department
• Source Content from within your company.
Have subject matter experts contribute
knowledge.
• Everyone should be involved in marketing. HR,
sales, customer service, even the C-Suite
should contribute.
03 Employee Branding
is Embraced
• Provide Governance and Training on social
media to give employees a sense of guidance
while developing advocates for your brand.
04 Investment in
Social Technology
• Be willing to allocate budget
on social software and tools
for productivity gains.
05 Data Driven Mindset
• Stay up to date with the market trends, customer
comments, employee engagement, competitors,
etc.
• Utilize metrics to analyze activities that support
business goals and to enable decision making.
@bernieborges
67. When it comes to crafting new policies and guidelines for
areas of the business touched by the social aspect...
Everyone must be on board.
In order for social collaboration to work, its ideals and
options need to be embraced by everyone.
@bernieborges
68. @bernieborg
How to Make the Leap
From Social Media to Social Business
Bernie Borges
@bernieborges
What began as “social media” has evolved. The journey for businesses around the world is not unlike the phases we all experience from infant to mature adulthood. I believe we are approximately 7 years into this journey and I would characterize our current state in social business as early adulthood. My reason is that we’re finally talking about what it means to be a social business. This was not a conversation we were having 2 years ago.
One of the most pessive companies in the area of social business is IBM. In full disclosure, IBM has products and services that help organizations become a social business and measure results. That said, IBM is walking the walk quite nicely. Recently, IBM released their 2012 Global CEO Study in which they interviewed more than 1700 CEOs in 64 countries across 18 industries. Their big three take aways from the report are: 1) empower employees through social technology and a culture of being social, 2) leverage partnerships, 3) engage customers as individuals. In other words, don’t think of your business as B2B or B2C, but rather H2H (human to human). Businesses are made up of people and people are social. And, social technology enables everyone to connect and engage in ways that weren’t possible in years past.
Let’s look at the five characteristics of a social business. In full disclosure these are my opinion. You may or may not find these characteristics in someone else’s definition of social business. I’ve been a practitioner of social business since 2006 both as a user and as a digital marketing agency and a speaker and trainer, not to mention author of one book and a top 100 digital marketing blog, though it wasn’t called social business until more recently. So, I am confident that my perspective is grounded in sound reasoning.