philippines adcongress speech by charlene li

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Speech by Charlene Li at the Philippines AdCongress, November 17, 2011 in Camarines Sur, Philippines

TRANSCRIPT

Harnessing The Power Of Social Media

1

Charlene Li

Altimeter Group

Twitter: @charleneli

Email: charlene@altimetergroup.com

© 2011 Altimeter Group

2

© 2011 Altimeter Group

OUTOUT of of CONTROL?CONTROL?

© 2011 Altimeter Group

© 2011 Altimeter Group© 2011 Altimeter Group

4

© 2011 Altimeter Group© 2011 Altimeter Group

5

© 2011 Altimeter Group

It’s about RELATIONSHIPSRELATIONSHIPS

© 2011 Altimeter Group

© 2011 Altimeter Group

STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

© 2011 Altimeter Group

STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

© 2011 Altimeter Group

Four goals define your Strategy Strategy9

© 2011 Altimeter Group

Track brand mentions with basic tools10

What would happen if every employee could

learn from customers?

What would happen if every employee could

learn from customers?

© 2011 Altimeter Group

Nescafe Philippines uses Facebook fans’ insights to improve service

11

Facebook fans become market

research and survey data

Facebook fans become market

research and survey data

© 2011 Altimeter Group

Your customers want to be “known”12

I walk into my local grocery store

© 2011 Altimeter Group

The store knows it’s me13

• Social check-ins (Four Square, Yelp, Facebook Places)• Near Field Communications

© 2011 Altimeter Group

I get coupons to use right away14

© 2011 Altimeter Group

And connect my phone to in-store GPS shopping cart15

© 2011 Altimeter Group

Define Your Strategy With Goals16

© 2011 Altimeter Group

Conversations, not messages

Human, not corporate

Continuous, not episodic

The New Normal17

© 2011 Altimeter Group

Boeing uses blogs to engage18

© 2011 Altimeter Group

Kohl’s updates reach 5.7M customers19

© 2011 Altimeter Group

Timely content and the power of sharing20

Potential reach of 7,500

engagements is over 1 million people. What

would it cost to do this with traditional

media?

Potential reach of 7,500

engagements is over 1 million people. What

would it cost to do this with traditional

media?

© 2011 Altimeter Group

Define Your Strategy With Goals21

© 2011 Altimeter Group

Cathay Pacific provides customer support on Twitter and Facebook

22

© 2011 Altimeter Group

How DellOutlet drives sales with Support23

© 2011 Altimeter Group

Solarwinds’ community is strategic24

© 2011 Altimeter Group

Define Your Strategy With Goals25

© 2011 Altimeter Group

P&G uses reviews to improve products26

© 2011 Altimeter Group

ModCloth has customers merchandise new products27

© 2011 Altimeter Group

Starbucks involves 50 people around the organization in innovation

Over 100 ideas have been

implemented

Over 100 ideas have been

implemented

© 2011 Altimeter Group

STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

© 2011 Altimeter Group

STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

© 2011 Altimeter Group

Leaderships means having followers31

“Leadership is a relationship between those who aspire to lead and those who choose to follow.”

- From “The Leadership Challenge”

© 2011 Altimeter Group

Open Leadership32

Having the confidence and humility to give up the need to be in control,while inspiring commitment from people to accomplish goals

© 2011 Altimeter Group

© 2011 Altimeter Group

Traits of Open Leaders33

Authenticity Transparency

© 2011 Altimeter Group

How Best Buy created Open Leaders

© 2011 Altimeter Group

34

© 2011 Altimeter Group

Barry’s first post35

© 2011 Altimeter Group

Retailer Best Buy has 2,500 employees providing support via Twitter

36

© 2011 Altimeter Group

STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

© 2011 Altimeter Group

STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

© 2011 Altimeter Group

#1 Align social with key Strategic GoalsStrategic Goals39

Examine your 2011 & 2012 goals

Pick ones where social will have an impact

Start small, but now

© 2011 Altimeter Group

#2 Create a Culture of SharingCulture of Sharing40

© 2011 Altimeter Group

Softbank CEO shares openly, frequently 41

© 2011 Altimeter Group

#3 Discipline is #3 Discipline is NeededNeeded to to SucceedSucceed

Assess the message

Assess the message

Take reasonable action to fix issue and let customer

know action taken

Take reasonable action to fix issue and let customer

know action taken

Evaluate the

purpose

Evaluate the

purpose

Unhappy Customer?Unhappy

Customer?

DedicatedComplainer

?

DedicatedComplainer

?

Comedian Want-to-

Be?

Comedian Want-to-

Be?

Negative

Are the facts

correct?

Are the facts

correct?

Gently correct the facts

Gently correct the facts

No

No

No

Yes

Are the facts

correct?

Are the facts

correct?

Does customer need/deserve

more info?

Does customer need/deserve

more info?

Yes

Explain what is being done to

correct the issue.

Explain what is being done to

correct the issue.

Yes

Is the problem

being fixed?

Is the problem

being fixed?

Yes

Let post stand and monitor.

Let post stand and monitor.

No

Yes

NoYes

Yes

Positive

Can you add value?

Can you add value?

Respond in kind & share

Respond in kind & share

Thank the person

Thank the person

Yes No

Do you want to

respond?

Do you want to

respond?

No Response

No Response

No

Yes

Adapted from US Air Force Comment Policy

© 2011 Altimeter Group

42

© 2011 Altimeter Group

Climb the Social Business Hierarchy of Needs43

© 2011 Altimeter Group

Five ways companies organize around social media44

© 2011 Altimeter Group

#4 Ask the #4 Ask the Right Questions Right Questions about about ValueValue

“We tend to overvalue the things we

can measure, and undervalue the

things we cannot.”

- John Hayes, CMO of American

Express

© 2011 Altimeter Group

45

© 2011 Altimeter Group

No relationships are perfect

Google’s mantra: “Fail fast, fail

smart”

#5 Master the Art of #5 Master the Art of FailureFailure

© 2011 Altimeter Group

46

© 2011 Altimeter Group

Create Create

Sandbox Sandbox

CovenantsCovenants

© 2011 Altimeter Group

47

© 2011 Altimeter Group

It’s about RELATIONSHIPSRELATIONSHIPS

© 2011 Altimeter Group

© 2011 Altimeter Group

Charlene Li

charlene@altimetergroup.com

charleneli.com/blog

Twitter: charleneli

For slides, send an email to

slides@altimetergroup.com

For more information & to buy the

book

visit open-leadership.com

© 2011 Altimeter Group

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