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What’s More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business & PR Dr. William J. Ward aka DR4WARD Social Media Professor

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What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

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Page 1: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

What’s More Important Than The Next Big

Thing? 5 Mega-Trends For The Digital

Future of Business & PR

Dr. William J. Ward aka DR4WARDSocial Media Professor

Page 2: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

1.  Change & Acceleration – Everything is Beta now.

Page 3: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

Spread of Earthquake Related Tweets -

5.8 mag earthquake Epicenter VA

Aug. 23, 2011

Click On Image To See Data Visualization

Page 4: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

Twitter, faster than earthquakes

Click On Image To Link To Video

Page 5: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR
Page 6: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

100,000 times as much ram as Apollo Guidance Computer

1000+ times faster than the computer used to land the orbiter on the moon

16 million colors vs calculator-like display of the AGC

Page 7: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

2.  Visual & Text – Less is more.

Page 8: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

1,000 Pages

Page 9: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

1,000 Words

Page 10: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

140 Characters

555 Million Users

Page 11: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

11.7 Million Users

Page 12: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

3.  Integration & Convergence - Internal and external change, transmedia storytelling.

Page 13: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

"At Ford, social media is bigger than advertising," - Matt VanDyke, Director U.S. Marketing CommunicationsFord Motor Co. January 12, 2012

Page 14: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

What is MyWalmart.com•Online Community where associates connect, interact & engage•For Walmart Associates Only•Blend of social media and useful information and tools

Traffic Stats• 1.2 million registered users• 12.3 million page views in Feb. 2011• 85% of users return to site 3X or more per week• Mobile accounts for 50% of traffic

Page 15: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

What internal partners do they attract?

• Marketing• Associate Brands• Operations • Benefits • HR • Payroll • Community Outreach• Corporate Communications• Walmart Foundation• Sustainability • Training

Page 16: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR
Page 17: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

Social now spans all agency disciplines with Social@Ogilvy February 13, 2012

Page 18: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR
Page 19: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

Transmedia: The Intersection of the Digital and Physical Worlds

Click On Image To Link To Video

Page 20: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

4.  Networking & Curation - The filter for discovery, organizing &

sharing 

Page 21: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

Every day, we create 2.5 quintillion bytes of data — so much that 90% of the data in the world today has been created in the last two years alone. ~ IBM

Page 22: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

Value

Noise

Page 23: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

5.  "Big Data" – Analytics and Metrics to measure & reward

Page 24: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

“2011 Bonus Multiplier.” - Larry Page, Google CEO

• All employees will need to get behind Google’s new social strategy

• Even employees not directly involved in building its social products are expected to contribute by testing and reporting feedback.

• If Google’s social strategy fails, employee bonuses would shrink by 25% If it succeeds, they’ll be 25 % larger.

Page 25: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

How do they keep employees coming back?

• Build trust through reliable, consistent communication.

• Stay relevant by focusing on key topics for associates.

• Simplify lives through access to tools and resources.

• Acknowledge associates thoughts, opinions, and experiences.

Page 26: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

ROI?

• Reduce Call Center Volume • Quicker Response• Increase Employee Satisfaction

Page 27: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

What’s More Important Than The Next Big Thing?

5 Mega-Trends For The Digital Future of Business & PR

1. Change & Acceleration – Everything is Beta now.

2.   Visual & Text – Less is more.

3.   Integration & Convergence – Internal and external change, transmedia storytelling.

4.   Networking & Curation - The filter for discovery, organizing & sharing 

5.   "Big Data" – Analytics and Metrics to measure & reward

Page 28: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

A Paradox?

Page 29: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR
Page 30: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR
Page 32: What's More Important Than The Next Big Thing? 5 Mega-Trends For The Digital Future of Business And PR

Dr. William J. Ward aka DR4WARDSocial Media Professor

@DR4WARD