Category Archives: enterprise

How to: Demystify the Social Media Expert Myth

Much has been said about social media “experts” ranging from Hallelujah, they exist! to “(they) are the cancer..and must be stopped.

These diverse responses are perfectly understandable in an age where every other person (and her nanny) is an “expert”, “guru”, “pundit” or other. Love ’em or hate ’em, companies still rely on these darn “experts” to help navigate the uncharted and often turbulent social media waters.

The key to demystifying the social media “expert” myth and finding the real deal is to take a hard look at what a social media “expert” actually does. Based on their role, the experts can be classified into 3 major categories – “Do”ers, Planners, and Talkers.

The most popular and generic “Social Media Manager” roles typically belong to the “Do”ers category, which includes folks who “do” social media and typically are the public face of the brand on social networking sites. These are the folks who manage communities, tweet, blog, and engage on sites like Facebook on behalf of the brand. “Do”ers tend to be individual contributors who spend a great deal of time on the social networking sites and/or have roles that require them to be highly visible brand ambassadors. Having strong online communication skills is a must-have for this role. Folks with engaging personalities and community background (forums, chat, etc.) shine in these types of roles. While this is often an after-thought, this role is best suited for folks with calm temperaments who are less likely to go off the deep end in a crisis. Case in point is the Nestle crisis, where the company rep snapped under pressure on Facebook and had to apologize at the end.

Planners are typically folks who have decent social media expertise and presence but their focus is primarily on planning/managing social media activities. The typical role in this category is social media strategist, who is responsible for pulling together all disparate social media activities into a cohesive strategy/plan. Actively engaging on social media sites is a time-consuming activity, it’s rare to find someone who can balance both roles (planning and engaging) without getting overwhelmed. Folks with solid marketing and/or community management backgrounds seem to do well in these roles. You’ll probably see these types of roles filled by people managers who typically work behind-the-scenes vs. on the front-lines. There aren’t many folks who have the skill set/experience required for these types of roles so increasingly, companies are relying on external social media agencies and consultants to meet their planning needs.

Talkers are your blogbertis or twitteratis who are well-known for talking/writing about social media and may or may not actually engage in social media on behalf of any specific cause for your company (other than social media). Folks in this category typically have a large following on social networks, but may lack the experience in applying social media in a business context. This is a great category for hiring your spokespeople especially if your company is trying to build brand-recognition and wants to get more visibility in the social media space. Many major brands seem to have at least one social media celebrity on their roster, who is not strategically aligned to any specific business function or objective but is rather focused on promoting the company’s overall brand and related messaging.

So there you have it, not everyone is an expert but even among the real experts, different folks excel at different roles. That being said, knowing what you want to achieve is key to deciding the type of expert you need and to avoid getting sucked into the expert myth.

Would love to hear your thoughts on other categories/roles that should be added here.

Role of Education in Keeping US Tech Industry Competitive

Here’s a must-read post on Techcrunch, “Craig Barrett Takes On Vivek Wadhwa In The Tech Education Debate” , where two experts debate the role of education in ensuring US tech competitiveness in this era of globalization.

Here’s the premise for this highly insightful debate,

The most valuable employees of any technology company are the engineers and scientists, which is why everyone in Silicon Valley does whatever they can to ensure the continuous supply to this talent pool. The size of the talent pool is ultimately determined by the number of people who graduate from colleges and universities with science, technology, engineering, or mathematics degrees. The U.S. is graduating fewer and fewer scientists and engineers, causing concern in many quarters. While many people agree this is a problem, not everyone agrees on what should be done about it.

In this highly insightful debate between Dr.Vivek Wadhwa , Harvard Law School fellow and Dr. Craig Barrett, former Intel CEO take on an important topic, which is the role of education in ensuring the future global competitiveness of US in technology.

It’s interesting that Dr. Wadhwa points out that the real issue at heart of this debate is NOT that “The U.S. is graduating fewer and fewer scientists and engineers.” The real problem is “that the majority of these graduates are foreign nationals (who are now increasingly returning home).”

So Dr.Wadhwa suggests,

“…while we fix the incentives for Americans, let’s do all we can to keep the best foreign students who come to the U.S. to study, here, so they are competing on our side.”

Although, retention of talented foreign students may help US competitiveness in the short-term, there is a definite need to grow the US Science, Technology, Engineering, and Mathematics (STEM) talent pool as Dr. Barrett has pointed out. He goes on to say,

“If the US is really serious about competing in the 21st Century economy we will have to decide to compete. This simply means that you have to create the work force (smart people), invest in R&D (smart ideas) and make sure the environment is attractive to investment in innovation (do something about tax rates, make it easier to form corporations, provide incentives to invest in R&D and make capital investments, etc).”

This is an issue that requires a comprehensive solution and there is no quick fix. Both agree that it is imperative to foster children’s interest and excitement in STEM early on in the education system, but the onus is on both public and private sectors to create an ecosystem with the right incentives for deserving talent, regardless of whether it’s US or foreign-bred. Creating an ecosystem without fostering the talent pool or having an abundant talent base with few opportunities is meaningless.

One point that especially resonates with me is Dr.Barrett’s contention that “it’s not just a financial compensation issue”. I completely agree that without genuine passion, pride, and excitement, all you’re left with is a culture of dollar-chasing sociopaths.

5 Signs Your Company is Not Ready for Social Media

If you’ve read my blog post on “Why Social Media Won’t Save Your Business“, it shouldn’t come as a complete surprise that I think some companies shouldn’t have a social media presence.

So here’s what triggered this blog post. Recently, I tried to contact a live human being at a well-known national grocery chain via their Twitter account. But I didn’t get very far as the Corporate Twit (no pun intended) kept referring me back to the website, which has the contact information of one person in “Public Affairs”. Apparently, there’s only one live person at that huge national chain or the only one who dares to put his name out there.

What’s even more amusing is the disclaimer on this company’s Twitter page which says,

 

So this company won’t tell you who is posting this information but whatever this unknown person is posting is not their responsibility. Anyone else see anything wrong with this? I wonder if their lawyers are patting themselves on the back for coming up with this.

It was almost a year back when Robert Scoble wrote his blog post on how one large retailer’s website doesn’t have any people on there. What Scoble said then and I agree:

“Here it is in simple terms: add people to your web sites.”

Scoble’s not talking just about pretty stock pictures. He’s talking about real people – your employees, your customers, people your business needs in order to thrive. The same logic applies to blogs and every other type of your company’s online social media presence. Even a year later, it’s clear that there are plenty of businesses who still don’t get it or just plain don’t care.

Here are 5 signs that your company is not ready for an external social media presence:  

#1 If your company policy prevents you from adding a name or picture of a live human being on your corporate social media account (whether it’s on Facebook, Twitter or other), change that policy first and then launch your social media presence.

#2 If your company culture is all about one-way propaganda rather than two-way communication, train your employees in “social” skills before letting them loose on the social media sites.  

#3 If you’re only using social media for pitching products and/or shameless self-promotion, then you need to STOP. You’re no better than the spammers abusing the email system. Use social media for good – engage don’t annoy your customers.  

#4 If your customers didn’t like your cold and impersonal website and if try to replicate that same uninspiring experience on an external social media site, you will fail. We get that you’re a big company but don’t overdo the branding.

#5 If you don’t have a plan for managing and engaging your customers, STOP and create one before you go crazy on the social media sites.Your external social media presence should be treated as an extension of your existing community/customer programs and not as someone’s pet project.

Use of  social media by itself is not good enough any more. The only choice you have is to do it right or don’t do it. Doing it just because some “expert” says so, is far worse than waiting until you’re truly ready and can handle social media.

As far as my saga with the grocery chain goes, it had a positive outcome. I got a tweet from someone offering to introduce me to an executive he knows at that company. So we have proof that social media works but many companies still need to learn how to make it work for them and their customers.

The Tide is Turning for Enterprise 2.0 Adoption

Steve Wylie, General Manager for Enterprise 2.0 conference set an optimistic tone for the keynote speeches at the inaugural event in San Francisco, California. In his assessment of the current state of Enterprise 2.0, Wylie highlighted that the industry is maturing and it is no longer the domain of startups. Large players like Microsoft are leveraging their enterprise expertise and knowledge to move into this space.

Another observation he shared was the rise in professional services, which signifies the shift as enterprises move from the technology phase into adoption and implementation phase.

Tammy Erickson, President, nGenera Innovation Network, started with a bold and optimistic prediction that 2010 is going to be the year of “A-ha” for the enterprise executives who have been struggling with E 2.0 all this time. She outlined the challenges to Enterprise 2.o adoption,

For executives, E2.0 is like tsunami wave that’s overwhelming, they can’t figure out how to manage (basic, yet) critical issues like data security.

However, Erickson went on to say, that’s changing as executives move beyond the technology and understand the true business potential for this event. She also reiterated the need for executives to adopt and promote collaborative behavior to encourage E2.adoption in their organizations. She pointed out a huge shift in behavior where the E2.0 discussions have moved from technology/tools  to  serious dialogues on business implication.

Christian Finn, Director of SharePoint Product Management, Microsoft followed up with a mock “speed dating” skit designed to highlight that the software giant is serious about E2.0 with the addition of truckload of social features to SharePoint 2010.

The skit itself was wholly uninspired but what was very intriguing was the promise to deliver the best of both worlds. On the “social” side, Microsoft’s promising a slew of social features like streaming podcasts, real-time news feeds, ratings, commenting, and even social tagging. All backed by the company’s experience and expertise in enterprise software and content management system.

SpeakerAndrew McAfee, Principal Research Scientist from MIT Sloan School of Management followed up with a stellar speech on what the champions of E2.0 are doing wrong.
McAfee said the tide is turning on E2.0 adoption as the success stories and case studies continue to mount. However, the evangelists are doing a huge disservice to their cause by attacking  the enterprise because they should be working with the Enterprise 1.0 advocates rather than against them. Trying to replace them will just create more barriers to E2.0 adoption.
 
In their effort to be fair and transparent, many E2.0 vendors and champions over-emphasize the negative aspects and thereby scare off  the decision makers. The positives far outweigh the negatives and that’s something the champions need to constantly reiterate.
 
McAfee pointed out something that’s very obvious to the end-user but often overlooked by the vendors and that’s to keep things simple. E2.0 champions often fall in love with the features without considering whether or not it works for the end users. McAfee was emphatic,
“Your customers don’t need more bells and whistles”
He also cautioned the audience against the pitfalls of advocating and creating walled gardens within the enterprise because E2.0 is about collaboration and these silos defeat the purpose. 
 
Another key point he highlighted was the attempt to replace the email was self-defeating because E2.0 and email serve two different purposes, to try to replace email was futile because for all its flaws, email works okay for most enterprises.
 
Another critical flaw he pointed was overuse (abuse) of the word “social”, as that word has a negative connotation for business leaders. He gave the example of executive who made it very clear that,  “I am not running a social club, I am running a business.”  So, champions need to make sure they don’t oversell the social features of E2.0 but rather focus on the business implications for an effective pitch.
 
The last (but not the least) speech was from Rob Tarkoff, Senior Vice President and General Manager, Business Productivity Solutions at Adobe. He also started off with a provocative statement that,
“”Enterprise Software is Failing”
According to Tarkoff, the full potential of E2.0 has yet to be realized. He gave a real example of how social web can be used in a very traditional industry like healthcare for real-time collaboration and provide exceptional service to end consumer. He went on to say how Adobe’s focus is on creating end-to-end user engagement while giving due attention to the “on ramps” or the devices that consumers use to access the information.

Why Social Media ROI is Still Elusive

eMarketer reported yesterday that marketers still aren’t measuring the investment on their social media investments,

Despite widespread adoption of social media, measurement still lags. Only 16% of those polled said they currently measured ROI for their social media programs.

Lately, it’s become very fashionable to talk about the ROI on social media. You hear the dreaded term everywhere – at conferences, in meetings, on research reports, at your child’s daycare (no kidding) so the question begs to be asked and answered – Why is social media ROI so elusive?

So, here are my top reasons (and please feel free to add your own below in the comments):

#1 This report and many others are making a very flawed assumption – these reports assume social media is a “program” and it needs to be justified like any other short-term program or campaign. Newsflash: Social media is not just a program, it’s a fundamental shift in way your customers and employees consume information and communicate. Social media is fast becoming as ubiquitous as email and when’s the last time your IT department did a ROI analysis on your email network?

#2 Should you measure, track the results on your social media activity? Absolutely! However, you’ll find that with any new channel, the “I” will always be substantially higher because you’re still making investments in this new media and may not have realized any of the efficiencies yet, so any ROI analysis on the new media is skewed. 

#3 In many cases, it doesn’t even make sense to do the financial analysis on some social media activities because it’s pretty much, the cost of doing business. Here’s an example: Adding social sharing tags to your email so your customers can share your marketing email with their friends and family on some social network is a no-brainer and as essential as providing an URL link to your website. It doesn’t justify a ROI analysis, although I would recommend analyzing the click-through/share rate. This is something you should do in any case, regardless of whether or not, any social tag is included.

#4 Having a blog or Twitter account is not a social media strategy. Social media success is dependent on the sum of different parts. Just like you wouldn’t utilize just one traditional channel to market your product or services, it’s ridiculous to think that one Twitter account or a blog by itself is somehow going to generate ROI overnight. That’s why it’s essential to remember that not everything that’s important in business (and in life) can be measured and just because  you can measure it, doesn’t make it important or relevant.

#5 I’ve blogged about this before, but social media will not solve your pre-existing business problems.

A guy goes to the doctor with a broken arm and asks, “Doc, can I play the piano once my arm has healed.”

The doc says, “Of course, you can!” 

The guy says, “Great, I never knew how to play (the piano) before.”

Bottom line, if you weren’t able to accurately track the results from your traditional marketing activities because of your internal tracking/lead management issues, you’re not magically going to start doing it just because you’re using social media.

One reality that most ROI proponents gloss over is that even the most traditional, established media activities don’t have a clear defined ROI. Not to pick on events but let’s look at event sponsorships like Golf tournaments etc.?  How on earth do companies measure the ROI on those or even television ads for that matter?!

Attribution was an issue with traditional media and it will continue to remain an issue, no matter which media you choose.

Trying to assign a specific dollar amount to any social media marketing activity is an exercise in futility because individually these activities are weak but done in coordination, these can move the needle. That’s also why marketing is still part science and part art.

Rather than looking at ROI on specific social media activities, marketers should be looking at their key business objectives, selecting/incorporating the right social media elements to meet those objectives, and then evaluating the overall results. Ultimately, what matters is not whether the social media activity was a success but whether the business objectives were met.