enterprise 3.0: how digital technology drives social...
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© 2013 IBM Corporation
Enterprise 3.0: How Digital Technology Drives Social Business
Brandi Boatner, Digital Experience Manager
June 27, 2013
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Enterprise 3.0 focuses on the opportunties social business offers and how organizations can turn them into reality
Introduction
Enable the social organization
Engage and listen
Build the community
Shift towards sales
and service
Increase knowledge
transparency and velocity
Find and build expertise
Leverage capabilities beyond
organizational boundaries
Capture new ideas from anyone
Use internal communities
to innovate
Enable structured innovation
efforts
Address risk Measure results Manage the change
Social business
Create valued customer
experiences
Drive workforce
productivity and effectiveness
Accelerate innovation
Source: Institute for Business Value
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Organizations are moving beyond promotion towards driving sales and support, raising some critical questions
Uses of social business1
Critical questions to integrate social
across the customer value chain
To what extent do your customers receive
a similar social experience across different
channels?
How do different functions develop a
common view about managing the
customer throughout the product lifecycle?
What kinds of information are being
captured across functions regarding
customers’ social activities and
preferences?
How effective are your metrics in
evaluating the impact of social investments
across functional boundaries?
Create valued customer experiences > Shift towards sales and support
Promote events/ marketing campaigns
Generate sales leads and revenue
Provide product and services support
Sell products directly to customers
Today Next two years
83%
71%
74%
51%
69%
46%
61%
35%
Source: Institute for Business Value; Business of Social Business Study, 1 Based on responses from individuals having personal experience with customer-related social business
activities (n = 599)
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Create valued customer experiences
What is happening
Organizations are listening to, and
engaging with, customers at a deeper
level to create valued experiences
Customer communities are increasingly
playing an important role in how
organizations interact with their customers
In addition to traditional promotion and
brand management efforts, organizations
will be increasingly using social approaches
to drive sales and service
What leading companies do
Develop approaches for capturing,
interpreting and acting on what
customers are saying
Develop community management skills
and processes that build customer loyalty
and co-opt customers as strategic allies
Provide consistent, reinforcing experiences
across multiple customer touch points
Create valued customer experiences
Source: Institute for Business Value
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Analytics can integrate social and traditional data to develop insights that can lead to better customer decisions
SentimentAnalytics
Marketing campaign optimization
Micro segment and response prediction
Scenario analysis
What do I offer?
When? To whom?
What should I invest in?
How do I identify and become more intimate with audience segments?
How do I get a better ROI from my marketing investments?
How can I better forecast demand in different markets and channels?
How do I apply promotional
tactics to optimize revenue? S
ou
rce
M
ark
et
Se
ll
Embed social business Into the organization
Customer analytics Data sources Decisions
9
Marketing
campaign
data
CRM
data
Competitive
data Financial
data
Sell thru
data
Source: IBM Global Business Services
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American Express has developed unique approaches to establishing communities, engaging customers, and driving social commerce
In 2007, established OPEN Forum.com ,
which allows small-business owners to share
ideas and connect them to insights, advice,
and tools needed to manage and grow their
companies
In 2009 established two primary Twitter
handles:
– @AskAmex to answer customer service
inquiries with a team of customer care
professionals
– @AmericanExpress to engage card
members in American Express news,
offers and experiences
In 2011 - 2012, launched industry-first
technology that enables Cardmembers to sync
their cards with Facebook, Foursquare and
Twitter and get access to special offers,
content and experiences from top brands
Create valued customer experiences
Source: IBV Interviews; Piskorski, Mikolaj and David Chen, “Social Strategy at American Express;”Harvard Business School case 9-712-447, April 12, 2012;http://about.americanexpress.com/sm/
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Create valued customer experiences Actions to move forward
Create valued customer experience
Engage with individuals and groups
Integrate insights from
customer conversations
with purchase and usage
data to innovate and
personalize offerings
Identify the areas of
the value chain where
customers are looking
to interact via social
channels
Develop a social media
strategy that integrates
relevant components of
marketing, sales and
service
Develop organization-
wide, cross-functional
approach to listening
and responding to
customers
Design customized
“storefronts” that are
aggregated from
different retailers using
social information
Pay attention to
existing customer
communities
sponsored by
outsiders
Initiate, host and
nurture customer
communities to build
engagement and learn
from customers
Incorporate communities
into core organizational
processes e.g., sales,
support, product
innovation
Basics Leading Edge Future State
Fuse the external
company brand with the
internal corporate culture
to create a consistent
customer experience at
all touch points
Build communities
Shift towards sales and service
Source: Institute for Business Value
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IBM Presentation Template Full Version
Contact & Questions
Questions? Email: [email protected]
Follow me on Twitter @thinkbluepr
Follow me on LinkedIn
www.linkedin.com/in/brandiboatner/
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