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Four Keys to Successfully Deploying a Social Business Network Harry Klein, Softjoe Collaborative Tad Staley, Softjoe Collaborative Brian Malone, Yammer

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Four Keys to Successfully Deploying a Social Business Network

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Page 1: Softjoe Webinar 092512

Four Keys to Successfully Deploying a Social Business

NetworkHarry Klein, Softjoe Collaborative

Tad Staley, Softjoe Collaborative

Brian Malone, Yammer

Page 2: Softjoe Webinar 092512

Welcome

Welcome

Why are we here? What will we accomplish?

A few logistics

Contact us

Presentation availability

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Agenda

What Are Social Business Networks?

Enterprise vs. Consumer Focus

Why You Should Care

Benefits of Using Social Business Networks

The Four Keys to Social Business Network Success

Yammer Overview

Q&A

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What Are Social Business Networks?

Private, business domains

Success enablement platforms

Enhanced engagement platforms

Leverage social capabilities and then some

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Social Business Networks

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Why Social Business Networks?

The environment in which business is conducted has undergone yet another profound shift.

The changed landscape – part technology, part cultural - isn’t incremental; it’s ecological.

Companies in 2012 that continue to work like 2002 or 1992 are operating on the wrong playing field.

And it’s not optional.

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McKinsey Study – Measurable Benefits of Web 2.0 – Internal Usages

Increase Speed of Access to Knowledge

Reducing Communication Costs

Increase of Speed to Internal Experts

Decreasing Travel Costs

Increasing Employee Satisfaction

Reducing Operations Costs

Reducing Time to Market for Products/Services

Increasing # of Successful Innovations for Products/Services

Increasing Revenue

77% 30%

60% 10%

52% 30%

44% 20%

41% 20%

40% 10%

29% 20%

28% 20%

18% 15%

% achieving specified benefit

Median Improvement %

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Social Business Means Business

Web 2.0 use increased productivity by 21%, acquisition of new customers by 19%, and increased revenue by 17%.

Web 2.0 implementation helped Cisco reduce costs by $251M a year, increase margins by $142 M and generate employee time savings of $380 M a year.

Financial outperformers are 57 percent more likely than underperformers to use collaborative and social networking tools to enable global teams to work more effectively together.

Workers currently spend 25% of their work day looking for the information they need.

Composite organization three-year risk-adjusted ROI when implementing social network platform: 365%

8

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Four Keys to Successfully Deploying a Business Social Network

Governance Structure Conventions Practice

What kinds of organizational oversight, support and measurement are required to ensure that the engagement platform is relevant, useful and adding value?

Social platforms can be used broadly, and often unconstructively. It’s helpful to set up processes and high-priority areas in advance, to establish a sustainable, useful and discoverable environment.

Participants need help in understanding the culture and the boundaries of a sharing platform. Conventions include everything from how to name posts, who to share with, and what or how much to share.

The key to success is on-the-ground support, training, encouragement and setting the right example.

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1. Governance: Ensuring Relevance

Step 1: Ensure that the social collaboration platform has a business purpose

Step 2: Find a way to measure the results

Step 3: Organize the oversight of the network around tracking and evolving the relevant metrics

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Reasons for Implementing Social Software *

Connecting colleagues across teams, regions

Increasing productivity

Fostering employee engagement

Fostering innovation

Capturing, retaining institutional knowledge

Enabling access to subject experts

Reducing duplication of content

Reducing costs (e.g. archiving, travel, storage)

Reducing duplication of effort

72%

65%

60%

59%

54%

50%

46%

40%

39%

• State of Enterprise 2.0 Collaboration 2011, Chess Media Group

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Some Typical Social Objectives and Metrics *

Objective Activities Possible Metrics

Employee Engagement

Increase employee engagement via genuine dialog and multiple communication channels.

• Employee Satisfaction Surveys, Polls

InnovationIncrease level of innovation via Innovation Wikis, Competitions and ‘wisdom of crowds’ gathering of info activities.

• Number of ideas submitted, • Number of ideas turned into pilots and

brought to market

Increase Productivity Increased productivity

• % increase, contribution in $/£ per employee• Project completion comparisons• Time to market ratios

Social Engagement

Connections, sociality of employees via Enterprise Social Networks, 2.0 profiles, Tagging across the Enterprise, Expert Locators, Silo Busting

• Social Network Analytics• % profiles completed and actively maintained• Engagement across time and geography• Decreased travel budget

Learning Social Learning, sharing of information, 2.0 Training, e-learning, EMS.

• Cost of training• Number of courses taken/passed• Diversity of learning offerings

* Adapted from the Parallax View: The Social Business Scorecard IV, or ROI made easy

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1. Governance: Lead vs. Lag Indicators

Lead Indicator: Simple participation metrics are a start, and important. If you don’t have engagement, your social network won’t deliver results.

Business metrics are generally “Lag indicators”, indicating the correlation of business results to causal activities.

Jeremiah Owyang's Framework: The Social Media ROI Pyramid

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Case Study: Finding the Right Metric

Project: Large enterprise which grew by acquisition, looking to implement new social Intranet to build integrated company culture.

Reality: Annual employee engagement surveys showed apathy and distrust of executive leadership.

Result: Board of directors tied exec compensation to improved employee engagement scores.

Solution: correlate several employee engagement areas to benefits anticipated from social platform.

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2. Structure: Three Primary Types of Community

There are many kinds of online community, but these three are the foundation for a successful social business network

Library / Knowledge

base

Communities of Practice or

Interest

Internal or External Project

Workspaces

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Communities: Keys and Value

Supervision Highly Recommended Identify one or more facilitators or leaders to keep stirring the pot, who

is accountable for ensuring that value accrues within the group and that the contributions remain relevant.

Also congratulating / recognizing people for their contributions

Value: Intellectual Capital Sharing knowledge, insights from experience, best practices should raise

everyone’s game These communities become effective learning environments for

onboarding and junior members.

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2. Structure: Internal vs. External

Groups are the context in which most content is shared and most value accrued in a social network.

Groups in all social networks can be open or private

Most current social business networks enable creation of externally accessible groups or networks.

PrimaryNetwork

GroupGroup

Group Group

ExternalNetwork

ExternalNetwork

ExternalNetwork

ExternalNetwork

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2. Structure: Archiving and Knowledge Management

A key to driving ongoing value in a network is by harvesting content from working groups.

Community managers and project managers should be empowered to migrate key learnings into a shared repository for future reference and training.

Library / Knowledge

BaseGroup

Community of Practice

Group

Internal or External ProjectGroup

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3. Conventions: Clarifying

Ensure there’s existing content, so newbies aren’t entering an empty room Include in a welcome message, and easy to access instructions Make sure you have usage guidelines visible and easily accessible As much as possible, provide persistent links to areas of common interest Every new participant should be invited to existing groups

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4. Practice: Notifications and Email Integration

Email is a miserable platform for collaboration, but fine for notifications.

Ensure your social platform has a viable mobile app

Post content in the social business network, and notify participants via email (where, at the, outset, they spend most of their day)

Use mail-in capability to migrate content into the social business network

Source: Scott Campbell pyramidcar.com

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4. Practice: Network Champions

The most important key to success of your social network is to have a distributed, engaged and motivated set of champions.

These people play the roles of

Cheerleader Support Mentor Conscience

Can be at any level of the organization, but must have passion, goodwill and tacit leadership qualities.

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Recap: Four Keys in Brief

Governance Structure Conventions Practice

Choose the right metrics for the organization

Deploy the right kind of groups

Clarify what is expected and how to behave

Get passionate advocates in place

Library

CoP Project

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Yammer Overview

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Top initiatives across our 200k+ networks

Team Collaboration Employee Engagement

Business Transformation Social Intranet

1. Collaborate with teams across geos and functions

2. Manage projects3. Drive competitive intelligence4. Manage events5. Launch marketing campaigns

1. Identify expertise2. Accelerate learning, development

& onboarding3. Share best practices4. Drive corporate communications5. Retain employees

1. Company re-org and re-alignment2. Launch new products3. Enter new markets4. Mergers & acquisitions5. CEO change6. Transform relationships with

customers, partners, suppliers

1. Replace outdated intranets/portals2. Integrate directly with SharePoint3. Connect with customers, partners,

suppliers4. Become a Social Layer across

existing business apps5. Collaborate on one platform

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Collaboration drives innovative companies

Source: IBM CIO Study, 2011

66%

of CIOs from top-performing organizations see collaborationas key to innovation.

Sales Marketing

Finance

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Top performing companies have engaged employees

18%

higher productivity

Source: Gallup

12%

higher profitability

51%

lower turnover

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Yammer is the platform for your people & information

Conversations

Business Decisions

Content

INTEGRATIONS INFORMATION

PEOPLE

MOBILE

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Q&A

Your Turn

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About Softjoe Collaborative, LLC

Focused on Engagement Solutions, using social and collaborative platforms to deliver internal, external and mixed networks that drive productivity, responsiveness and engagement

Collaborative of software, technology, community and customer engagement veterans

Members hail from Boston-area software companies such as Lotus, Interleaf, Rational, Nuance, Macromedia, Adobe, IBM and more

Services include: Strategy Design Content Implementation and ongoing measurement and management of these solutions

Experience and relationships with key industry social business network platforms

Known for pragmatic and effective approach

Strategic focus to align engagement solutions with business objectives

May include formal or informal use of Balanced Scorecard principles in aligning initiatives and measuring results

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Contact Us

www.yammer.com

Brian Malone

[email protected]

www.softjoe.com

Tad Staley

[email protected]

Harry Klein

[email protected]

Links to presentation archive and presentation for download will be emailed to all participants as well as hosted at Softjoe.com.