the keys to innovation: social business and collaboration, growth strategies for a 2020 enterprise

9
THE KEYS TO INNOVATION SOCIAL BUSINESS AND COLLABORATION GROWTH STRATEGIES FOR A 2020 ENTERPRISE Envano, Inc. telephone: 920.403.1137 Green Bay, WI www.envano.com

Upload: envano-interactive-business

Post on 04-Aug-2015

70 views

Category:

Documents


1 download

DESCRIPTION

Do your sales and marketing teams struggle to connect? Would you benefit from increased and more relevant communication with your field sales, dealers, or channel partners? What if you had insight into the thoughts of your most valued customers? Resolving these common business pains will:-Alleviate company and brand disconnect-Foster positive relationships-Improve working environments-Increase productivityThese are not lofty goals thanks to social business collaboration. Fundamentally, social business creates private online communities that help bridge the gap and build relationships between internal teams, distributor and partner networks, or even end consumers.The recent surge in social business platforms indicates the strategy is here to stay. Either business gets social or gets left behind. But the question is not whether you use Chatter, Facebook, Yammer, Google+ or any other technology, the question is how you focus on the people and the process involved and how quickly you get started. As always, Envano business solutions strategists can help coach you through the challenges and help you succeed.

TRANSCRIPT

Page 1: The Keys to Innovation: Social Business and Collaboration, Growth Strategies for a 2020 Enterprise

!THE KEYS TO INNOVATION

SOCIAL BUSINESS AND COLLABORATION GROWTH STRATEGIES FOR A 2020 ENTERPRISE

E n v a n o , I n c . • t e l e p h o n e : 9 2 0 . 4 0 3 . 1 1 3 7 • G r e e n B a y, W I • w w w. e n v a n o . c o m

! ! ! !

Page 2: The Keys to Innovation: Social Business and Collaboration, Growth Strategies for a 2020 Enterprise

INTRODUCTION If part of you is still hesitant about embracing social media, you probably do not have

products to sell, customers to support, or quality services to offer. Now is the time to

shake that feeling of hesitation.

Here’s why...

As of early 2013, social networking accounts for 1 of every 6 minutes spent online, a

number that will only continue to increase.1

Social interaction is changing the very fabric of our personal and professional lives.

 Today, there are more than 1.2 billion active Facebook users, 190 million tweets a day,

and 4.8 billion users connecting to social outlets via mobile (some research argues

only 4.2 billion people own a toothbrush).2 The reality is people are connected 24/7,

365 days a year and are constantly engaging. On one side of social engagement, there

is the importance of brand-customer relationships and interaction. Your company

probably has Facebook, Twitter, and Google+. If you don’t, you’re missing out on a

valuable opportunity for consumer research, persuasion, and ROI. We all know the

benefit of engaging customers. On the other hand, companies rarely ask: what can

social interaction mean internally or with close associates?

Imagine a workplace where employees are engaged, where ideas flow freely across

departments, geographies, and corporate hierarchy - where the sales team can openly

make suggestions for change and are heard. In this environment, individuals are

passionate and they challenge the status quo, all while working together as a team to

share resources, build relationships, and leverage the brand through innovation.

These work places exist...

..and thrive because of social business and collaboration.

!!

T h e K e y t o I n n o v a t i o n : S o c i a l B u s i n e s s a n d C o l l a b o r a t i o n "2

“EITHER BUSINESS GETS SOCIAL OR IT GETS LEFT BEHIND.”

Source: Gartner, Business Gets Social

Page 3: The Keys to Innovation: Social Business and Collaboration, Growth Strategies for a 2020 Enterprise

SOCIAL BUSINESS 2.0 Business is going social. Companies that are forward-thinking in the way they do

business, or at least open to social integration, are going to be leaps and bounds

ahead of competition.

What is social business?

Fundamentally, social business models create private online

communities in which employees, business partners, and in some

cases, customers can post messages - such as status

updates, progress reports, or questions.3 Many companies

are struggling to keep and cultivate connections. Using

social platforms within corporate contexts can enhance

culture and ultimately leverage business goals. There are

three tiers by which companies can use real time

collaboration: among internal employees; throughout dealer,

distributor, or partner networks; or among customers.

Many ask: don’t we already accomplish this through email? The answer is: we used to,

in a limited sense. However, focus continues to shift away from email, which is gaining

an interruptive mentality. These days email and it’s users are slow in delivering

responses, too formal, and relatively limited in scope. The vast majority of people that

use email in 2012 find it easy to push email to the back burner because it’s

increasingly associated with work. Now, they are on to social.

As we’ve seen, social media is pervasive. It’s a part of our everyday lives, unless you

are in the minority. Providing an outlet for company collaboration within the social

networks that your employees are already involved in creates an informal, relaxed

place for idea creation and solution development. This keeps work related information

on the table outside the 9-5 office hours.

Companies increasingly implement social business strategies to align sales,

marketing, and customer service departments, breaking down traditional corporate

T h e K e y t o I n n o v a t i o n : S o c i a l B u s i n e s s a n d C o l l a b o r a t i o n "3

Among customers

Among field sales, partners,

dealers, distributors

!Internal

Page 4: The Keys to Innovation: Social Business and Collaboration, Growth Strategies for a 2020 Enterprise

silos. Because in the end, consumers don’t see corporate departments, they see one

company, as a whole, interconnected - so all divisions better be on the same page.

Why is it important?

A recent study by Forrester said that we spend around 33% of our work week just

searching for information. Imagine the possibilities and the increases in efficiency if

much of this information is available or openly discussed. What if a sales force has

access to a central hub where they can discuss what’s going on in the field. Or a

marketing department that can collaborate with customer service to improve customer

relations.

!!!!!!7 BENEFITS OF SOCIAL COLLABORATION AND WORKFLOW Widespread interaction and communication is facilitated through social platforms and

collaboration. This helps employees, partners, and even customers work to achieve a

common goal. The following are some key benefits of social collaboration:

• Real Time - people can ask, answer, and discuss questions faster and more

efficiently, eliminating time zone and geographic barriers.

• Interconnectivity helps builds new relationships - open dialogue amongst all

members.

• Productivity increases - barrier busting collaboration creates a freer flow of ideas

that results in problem solving.

• Drives positive change - when kept as a safe area to openly collaborate.

T h e K e y t o I n n o v a t i o n : S o c i a l B u s i n e s s a n d C o l l a b o r a t i o n "4

51% OF EMPLOYEES USING SOCIAL

SOFTWARE SAY THEY ARE MORE

PRODUCTIVE DURING THE WORKDAY. Source: Forrester, The Enterprise 2.0 User Profile

Page 5: The Keys to Innovation: Social Business and Collaboration, Growth Strategies for a 2020 Enterprise

• Enhance employee centric culture - resulting in significantly higher employee

satisfaction and engagement.

• Aligns company branding and standards.

• No training, little encouragement - most people are already using social media.

!THE PAINS OF PICKING TECHNOLOGY The benefits of social collaboration are clear. However, understanding this is only half the

battle. In a world where technology and devices proliferate and change daily, it is a

daunting task implementing the “how” and choosing a social business platform that fits

your needs. Facebook, Chatter, Yammer, Google+, LinkedIn groups, SharePoint, message

boards, and wikis are only a few of the many choices, each slightly different and each

caters to different goals. If an organization uses Salesforce, they should consider Chatter.

If an organization uses Microsoft, Yammer is the obvious choice. However, if an

organization is looking for a high level of engagement, comfort, and open dialogue,

Facebook is often the best choice although the toughest to get through the corporate

shield. The choices are difficult and there are a variety of steps to take and questions to

ask in choosing the best social business platform.

!!!!!!ULTIMATELY, IT’S ABOUT THE PEOPLE In the end, whether you use Facebook, Chatter, or another platform, the core focus of

social collaboration must remain on the people involved. Too often, organizations

hastily apply the newest or obvious technology in hopes of solving complex problems

only to find that technology only made things more complicated. Focusing on

T h e K e y t o I n n o v a t i o n : S o c i a l B u s i n e s s a n d C o l l a b o r a t i o n "5

Page 6: The Keys to Innovation: Social Business and Collaboration, Growth Strategies for a 2020 Enterprise

technology first is a temporary fix to organizational situations that are becoming

increasingly more complex.

!!

!

+ + !!

!First, companies must understand the group - what kind of information and

collaboration do they need that they’re not getting? How can you make their job easier

while increasing productivity and efficiency? Focus on the people first, uncover the

process they need, and the technology usually becomes obvious. In marketing as well

as in corporate structure, a focus on people must eclipse the others.

!LAUNCHING YOUR EFFECTIVE SOCIAL BUSINESS MODEL Kick off your venture by first identifying the core objectives. Too many organizations

start backwards, focusing first on technology. When you understand your goals and

the people you are going to involve, the chance of success increases significantly.

Ask yourself what success looks like. In the wise words of Stephen R. Covey, “begin

with the end in mind.”

!!!!

T h e K e y t o I n n o v a t i o n : S o c i a l B u s i n e s s a n d C o l l a b o r a t i o n "6

!Then

TECHNOLOGY

!Then

PROCESS

First,

PEOPLE

ORGANIZATIONS THAT LEVERAGE SO-

CIAL COLLABORATION HAVE SEEN A 50%

INCREASE IN BUSINESS AGILITY. ! ! ! ! ! ! Source: Aberdeen report

Page 7: The Keys to Innovation: Social Business and Collaboration, Growth Strategies for a 2020 Enterprise

WHAT NOW? The opportunities in social collaboration are endless in terms of who you can involve.

Perhaps you’d like to coordinate social collaboration between your dealers,

distributors, or retailers. Maybe you want to go as far as creating a group for your

sales team and your most loyal customers. There are very few rules when it comes to

leveraging the concept of social business. The only rule you should keep in mind: start

now - while it’s relatively new - to get a leg up on your competition.

!

!!!!!!!!!

!!

T h e K e y t o I n n o v a t i o n : S o c i a l B u s i n e s s a n d C o l l a b o r a t i o n "7

“COMPANIES THAT USE SOCIAL MEDIA WILL LEAD THEIR

INDUSTRIES IN REVENUE GROWTH BY 2015.” ! ! ! ! ! ! Source: Gartner, Inc., You Need an Enterprise Strategy for Social Business Initiatives

Page 8: The Keys to Innovation: Social Business and Collaboration, Growth Strategies for a 2020 Enterprise

!

!

!!!

T h e K e y t o I n n o v a t i o n : S o c i a l B u s i n e s s a n d C o l l a b o r a t i o n "8

ABOUT Envano is an interactive business firm focused on helping partners navigate com-plex channels, taking a new approach to solving traditional and unique business problems in the interactive space.

We are explorers. We are artists.

We explore what is changing. We figure out what we need to help others change. We create something of value. Staying at the forefront of creativity, we audit, as-sess, and formulate business strategies to help our partners move ahead. We challenge old ineffective conventions and find new impactful solutions to help companies communicate better. Whether it is increasing sales and obtaining mar-ket share, solidifying competitive edge, boosting visibility and engagement, or sim-ply making your job easier - Envano’s focus is on building relationships through mobile, social, website and search tactics.

But, we’re really all about putting people first. You. Your Customers. Our Employ-ees. Our passionate team of dynamic, assertive thought leaders is key to an agile approach to assessing and solving business challenges.

Clients include: AGCO, Ariens, ThedaCare, Miller Electric, Vermeer, and more.

Contact Us

Envano Interactive Business [email protected] phone: 920-403-1137

Page 9: The Keys to Innovation: Social Business and Collaboration, Growth Strategies for a 2020 Enterprise

Works Consulted !1 Clayton, Nick. “Social Networks Account

for 20% of Time Spent Online.”Tech Europe.

December 22, 2011

Source:http://blogs.wsj.com/tech-europe/

2011/12/22/social-networks-account-

for-20-of-time-spent-online/

!2 Bullas, Jeff. “48 Significant Social Media

Facts, Figures and Statistics Plus 7 Info-

graphics.”

Source:http://www.jeffbullas.com/

2012/04/23/48-significant-social-media-

facts-figures-and-statistics-plus-7-info-

graphics/

!3 “What is Enterprise Social Networking?”

Socialcast.

Source:http://www.socialcast.com/solu-

tions/enterprise-social-networking

!!!!!

!!!!!!!!!!!!!!!!!!

T h e K e y t o I n n o v a t i o n : S o c i a l B u s i n e s s a n d C o l l a b o r a t i o n "9