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Reputation in
 Real Time


                    How Technology and Social
                     Enablers are Pushing Real-
© 2011, Michael Netzley PhD     Time Response
Michael Netzley, PhD




          communicateasia@gmail.com
#1
 Social Networks Have
 an Amplifier Effect
155
Friend’s Friend’s Friend
Rule: Three Degrees
of Influence
Rule: Connections need
to be strong; you need
not know the people.
Research Says
Harvard Med School: Emotions Spread
   Through Large Social Networks
  Conclusion: People’s happiness
  depends on the happiness of others
  with whom they are connected. This
  provides further justification for seeing
  happiness, like health, as a collective
  phenomenon.

                  - British Medical Journal 337 (2008)
                    Fowler and Christakis
Harvard Med School: Obesity Spreads
   Through Large Social Networks
  “You may not know him personally,
  but your friend’s husband’s coworker
  can make you fat. And your sister’s
  friend’s boyfriend can make you thin.”

                 - Fowler and Christakis (2009)
                   Connected
Harvard Political Scientist:
      Why Americans Vote
If you vote, then it increases the
likelihood that your friend’s friend will
also vote….Instead of each of us
having only one vote, we effectively
have several and therefore much
more likely to influence the
outcome.
                - Fowler and Christakis (2009)
                  Connected
#2
 In Social Business….
 Speed is the Tie that
 Binds
Internet
 Speed
Hudson
River
10:20am
“A lot of this [interaction] is about speed and
how fast customers can respond. And just as
powerful, how fast can a business respond to
the customers? It speeds the pace at which a
relationship deepens between the business
and customer.”

                   - Paul Greenberg, CRM expert
“The era of Web 2.0 is raising the bar
on our collective expectations for
information access, service levels and
customer experience.”

                - Mike Murphy, Information Management
Gratification

People seek to fulfill a
need when turning to
media or a social network
#3
 The time for leading
 businesses to go social
 is…now
“Companies have been using social media
primarily as a general communications
tool….that is about to change, as
businesses discover its value as an
essential tool for customer engagement—
lead generation, immediate customer
contact, and customer interaction.”


                Josh Gordon, SocialMediaToday
                White Paper
Fortune 100 Websites


68%
        Companies experienced
        drop in traffic to
        corporate website



-23.02%
                 Average decline
                 from 2009
                 through 2010

                 Webtrends Report, March 17, 2011
People everywhere          They are
are communicating       communicating
around their similar   continuously with
     interests         mobile technology


                       The future is social
 Conversations are
                        business…and IBM
 rapidly migrating
                          values this as
 from websites to
                        eventually being a
  social networks
                       $100billion industry
McKinsey & Co Study 2010
• Use of Web 2.0 technologies significantly
  improved companies’ performance
• Networked enterprises leaders vs. companies
  using the Web in more limited ways




                    http://www.mckinseyquarterly.com/Organization/Strategic_Organization/The_rise
                                   _of_the_networked_enterprise_Web_20_finds_its_payday_2716
What We Can See….




          …We Can Measure
Measurement: 3 Tips, 3 Slides


                  Jeremiah
                  Owyang,
                  Altimeter Group
ROI Pyramid: Roles View       Provide the right
                             metrics to the right
                             audience. A novice
                            mistake is to provide
                          ‘engagement metrics’ to
                                 executives
The ROI Pyramid: Metrics View
                                  These metrics are
                                formulas comprised of
                                 the tier below them.
                                 Currently, there is no
                                  industry standard.
The ROI Pyramid: Metrics Examples (there are
more)
                                  A junior mistake is
                                       providing
                                  ‘engagement data’
                                    to executives –
                                   instead focus on
                                   business metrics.
Research Says…
The rate at which chatter
develops on Twitter proved to
be a more accurate predictor
of sales than did the
traditional box-office forecast.
       - Asur & Huberman, HP Labs



                     “Home sick with the flu”
                              - Twitter reports like this, in real time, reveal
                     breaking trends and sentiments which can take weeks
                     to gather using traditional methods. CDC
ARE YOU
READY?
Thanks to….

            Jeremiah Owyang for the Open Data
            slides on measurement best practices.

            Also thanks to John Kerr of Edelman .

            Michael Netzley, PhD can be found at
            http://communicateasia.asia or heard
            each week on the For Immediate
            Release podcast.
© 2011, Michael Netzley PhD

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Reputation in real time

  • 1. Reputation in Real Time How Technology and Social Enablers are Pushing Real- © 2011, Michael Netzley PhD Time Response
  • 2. Michael Netzley, PhD communicateasia@gmail.com
  • 3. #1 Social Networks Have an Amplifier Effect
  • 4. 155
  • 7. Rule: Connections need to be strong; you need not know the people.
  • 9. Harvard Med School: Emotions Spread Through Large Social Networks Conclusion: People’s happiness depends on the happiness of others with whom they are connected. This provides further justification for seeing happiness, like health, as a collective phenomenon. - British Medical Journal 337 (2008) Fowler and Christakis
  • 10. Harvard Med School: Obesity Spreads Through Large Social Networks “You may not know him personally, but your friend’s husband’s coworker can make you fat. And your sister’s friend’s boyfriend can make you thin.” - Fowler and Christakis (2009) Connected
  • 11. Harvard Political Scientist: Why Americans Vote If you vote, then it increases the likelihood that your friend’s friend will also vote….Instead of each of us having only one vote, we effectively have several and therefore much more likely to influence the outcome. - Fowler and Christakis (2009) Connected
  • 12. #2 In Social Business…. Speed is the Tie that Binds
  • 16.
  • 17. “A lot of this [interaction] is about speed and how fast customers can respond. And just as powerful, how fast can a business respond to the customers? It speeds the pace at which a relationship deepens between the business and customer.” - Paul Greenberg, CRM expert
  • 18. “The era of Web 2.0 is raising the bar on our collective expectations for information access, service levels and customer experience.” - Mike Murphy, Information Management
  • 19. Gratification People seek to fulfill a need when turning to media or a social network
  • 20. #3 The time for leading businesses to go social is…now
  • 21. “Companies have been using social media primarily as a general communications tool….that is about to change, as businesses discover its value as an essential tool for customer engagement— lead generation, immediate customer contact, and customer interaction.” Josh Gordon, SocialMediaToday White Paper
  • 22. Fortune 100 Websites 68% Companies experienced drop in traffic to corporate website -23.02% Average decline from 2009 through 2010 Webtrends Report, March 17, 2011
  • 23. People everywhere They are are communicating communicating around their similar continuously with interests mobile technology The future is social Conversations are business…and IBM rapidly migrating values this as from websites to eventually being a social networks $100billion industry
  • 24. McKinsey & Co Study 2010 • Use of Web 2.0 technologies significantly improved companies’ performance • Networked enterprises leaders vs. companies using the Web in more limited ways http://www.mckinseyquarterly.com/Organization/Strategic_Organization/The_rise _of_the_networked_enterprise_Web_20_finds_its_payday_2716
  • 25.
  • 26. What We Can See…. …We Can Measure
  • 27. Measurement: 3 Tips, 3 Slides Jeremiah Owyang, Altimeter Group
  • 28. ROI Pyramid: Roles View Provide the right metrics to the right audience. A novice mistake is to provide ‘engagement metrics’ to executives
  • 29. The ROI Pyramid: Metrics View These metrics are formulas comprised of the tier below them. Currently, there is no industry standard.
  • 30. The ROI Pyramid: Metrics Examples (there are more) A junior mistake is providing ‘engagement data’ to executives – instead focus on business metrics.
  • 31. Research Says… The rate at which chatter develops on Twitter proved to be a more accurate predictor of sales than did the traditional box-office forecast. - Asur & Huberman, HP Labs “Home sick with the flu” - Twitter reports like this, in real time, reveal breaking trends and sentiments which can take weeks to gather using traditional methods. CDC
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  • 34. Thanks to…. Jeremiah Owyang for the Open Data slides on measurement best practices. Also thanks to John Kerr of Edelman . Michael Netzley, PhD can be found at http://communicateasia.asia or heard each week on the For Immediate Release podcast. © 2011, Michael Netzley PhD