summitup - powerful beyond imagination
DESCRIPTION
Social media and data analytics are coming together to create a new world - one that combines human creativity with information technology to deliver power beyond imagination.TRANSCRIPT
Powerful beyond imagination
Social Media, Data Analytics, and the Future of Business
Social Media
Data Analytics
You Are Here
Con
fluen
ce
What happens when we put them together?
Act 1:Conversation
Social Media
History
How social media is presented
How social media is perceived
Social Media –
Special Sauce Recipe
2 cups listening1 cup creative thought
1 dash technical skill
1 pound trust What exactly is social media?
A little bit like this…
and a little like this.
More than just Marketing
For the last 50 years, marketing was much more about using me in conjunction with one P, Promotion.
That model is dead. All of the P’s matter now.If you don’t understand it, you will soon be dead too.
Film at 11:00, (or 24x7x365 on YouTube.)
Everything is Marketing
F = GMm/R²
Mostly it’s People
it’s this too!
Act 2:Information
Data Analytics
You absolutely can not make a series of good decisions without first confronting the brutal facts
– Jim Collins
What is driving your business decisions?
Is this involved?
Innovative Ideas
Feelings & PerceptionsProcesses & Systems
Facts & Figures
How data analytics is presented
How data analytics is perceived
Most Companies
Use Data Like This
Smart Companies
Use Data Like This
Analytical Competitors
Use Data Like This
Degree of Intelligence
Com
petiti
ve A
dvan
tage
“In God We Trust, All Others Bring Data.”
- W. Edwards Deming
This should symbolize your business
This is your business on drugs
Analytical Competitor
What makes an analytical competitor?
Distinct Capability
ONE version of the truth
Organizational Commitment
Ambitious Goals
The web is the mother of all data warehouses
- Richard Hackthorn
Act 3:Integration
Soc
ial M
edia
Dat
a A
naly
tics
What if we combine them?
Innovative Ideas
Feelings & PerceptionsProcesses & Systems
Facts & FiguresS
ocia
l Dat
a
What else can we combine?
Inte
grat
ion
Social Data
CRM DataFinancial Data
Human Resource Data
Kno
wle
dge
Analyze Strategize
PersonalizeOrganize
I’m not making this up
For example…
Even better example
Now What?
Ele
men
ts
Exp
loit
& E
xplo
re
Hey Einstein, SummitUp for us!
What Albert really said…
Computers are incredibly fast, accurate, and stupid.
Human beings are incredibly slow, inaccurate, and brilliant.
Together they are powerful beyond imagination.
Thank You
David E. Bowman
Website:davidebowman.comTwitter:@davidebowmanLinkedIn:davidebowman