philippines adcongress speech by charlene li

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Harnessing The Power Of Social Media 1 Charlene Li Altimeter Group Twitter: @charleneli Email: [email protected]

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

TRANSCRIPT

Page 1: Philippines AdCongress speech by Charlene Li

Harnessing The Power Of Social Media

1

Charlene Li

Altimeter Group

Twitter: @charleneli

Email: [email protected]

Page 2: Philippines AdCongress speech by Charlene Li

© 2011 Altimeter Group

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Page 3: Philippines AdCongress speech by Charlene Li

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OUTOUT of of CONTROL?CONTROL?

© 2011 Altimeter Group

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© 2011 Altimeter Group© 2011 Altimeter Group

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It’s about RELATIONSHIPSRELATIONSHIPS

© 2011 Altimeter Group

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STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

Page 8: Philippines AdCongress speech by Charlene Li

© 2011 Altimeter Group

STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

Page 9: Philippines AdCongress speech by Charlene Li

© 2011 Altimeter Group

Four goals define your Strategy Strategy9

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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?

Page 11: Philippines AdCongress speech by Charlene Li

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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

Page 12: Philippines AdCongress speech by Charlene Li

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Your customers want to be “known”12

I walk into my local grocery store

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The store knows it’s me13

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

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I get coupons to use right away14

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And connect my phone to in-store GPS shopping cart15

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Define Your Strategy With Goals16

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Conversations, not messages

Human, not corporate

Continuous, not episodic

The New Normal17

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Boeing uses blogs to engage18

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Kohl’s updates reach 5.7M customers19

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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?

Page 21: Philippines AdCongress speech by Charlene Li

© 2011 Altimeter Group

Define Your Strategy With Goals21

Page 22: Philippines AdCongress speech by Charlene Li

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Cathay Pacific provides customer support on Twitter and Facebook

22

Page 23: Philippines AdCongress speech by Charlene Li

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How DellOutlet drives sales with Support23

Page 24: Philippines AdCongress speech by Charlene Li

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Solarwinds’ community is strategic24

Page 25: Philippines AdCongress speech by Charlene Li

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Define Your Strategy With Goals25

Page 26: Philippines AdCongress speech by Charlene Li

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P&G uses reviews to improve products26

Page 27: Philippines AdCongress speech by Charlene Li

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ModCloth has customers merchandise new products27

Page 28: Philippines AdCongress speech by Charlene Li

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Starbucks involves 50 people around the organization in innovation

Over 100 ideas have been

implemented

Over 100 ideas have been

implemented

Page 29: Philippines AdCongress speech by Charlene Li

© 2011 Altimeter Group

STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

Page 30: Philippines AdCongress speech by Charlene Li

© 2011 Altimeter Group

STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

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Leaderships means having followers31

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

- From “The Leadership Challenge”

Page 32: Philippines AdCongress speech by Charlene Li

© 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

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Traits of Open Leaders33

Authenticity Transparency

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How Best Buy created Open Leaders

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Barry’s first post35

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

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STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

Page 38: Philippines AdCongress speech by Charlene Li

© 2011 Altimeter Group

STRATEGY

ORGANIZATION

PREPAREDNESS

© 2011 Altimeter Group

Page 39: Philippines AdCongress speech by Charlene Li

© 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

Page 40: Philippines AdCongress speech by Charlene Li

© 2011 Altimeter Group

#2 Create a Culture of SharingCulture of Sharing40

Page 41: Philippines AdCongress speech by Charlene Li

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Softbank CEO shares openly, frequently 41

Page 42: Philippines AdCongress speech by Charlene Li

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#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

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Climb the Social Business Hierarchy of Needs43

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Five ways companies organize around social media44

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#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

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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

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Create Create

Sandbox Sandbox

CovenantsCovenants

© 2011 Altimeter Group

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It’s about RELATIONSHIPSRELATIONSHIPS

© 2011 Altimeter Group

Page 49: Philippines AdCongress speech by Charlene Li

© 2011 Altimeter Group

Charlene Li

[email protected]

charleneli.com/blog

Twitter: charleneli

For slides, send an email to

[email protected]

For more information & to buy the

book

visit open-leadership.com

© 2011 Altimeter Group