Chapter 9. Draw Up Your AGENDA

Future-Proofing Your Business

A decade ago the Internet became an important business tool. I remember talking to business leaders about how the Internet would be used in business. On more than one occasion, I had CEOs say the Internet would never be used for anything but hobbies and games. One executive told me that no one would ever do online banking. “Never happening,” he said. “I’d stake my career on it.”

But the Internet did have a major redefinition and expansion of the value of business. Looking backward, e-business seems so obvious, so inevitable. But back then, adopting e-business was a bold leap forward, one that lots of business leaders just weren’t ready for.

In fact, in a way, no one was fully ready for the Internet. As often happens when people predict the impact of new models, the extent of the change was underestimated. No one could envision all of the creative uses that people would find for the technology. There was no blueprint or Internet agenda. Companies embarked on the Internet at their own pace and often through trial and error. There are certain first-of-a-kind technologies where you will have to learn as you go.

Today, another earthshaking model shift is happening and I have the recipe to increase your chances of success. The fusion of current business technologies and the social networking models that have grown up in the consumer world is radiating astonishing business value. In addition, this social model change is happening at an unprecedented velocity.

My own company, IBM, experienced this change when shaking up the world with Watson, a real artificial intelligence machine that competed live on-air with the greatest Jeopardy champions ever in front of 10 million viewers. Jeopardy is a game show where the contestants get the answer and have to come up with the question. IBM leveraged the consumer space of Jeopardy, with the B2B world of selling to Fortune 1000 companies. It also leveraged the bounds of the traditional marketing world with the new Social Business processes, by having a dedicated social site for Watson’s creators, creating a Facebook (www.facebook.com/ibmwatson) and Twitter account (@ibmwatsonbot) for Watson, and posting YouTube videos. It goes on with Ted.com talks, and Reddit, a social news site where IBMers can answer questions about Watson, Jeopardy, and more. So the idea of “social” isn’t only about Facebook, or YouTube, or Twitter. People connected by smart systems can make better decisions and bring value to business. Those of you who watched Jeopardy recently saw how smart IBM Watson could be when it applied complex analytical ability to a wide range of topics. This model shift has impacted the clients of IBM and IBM in every way possible.

And the shift is not just for big business. Take for instance Richard Scott Salon and Spa, a business based in Westchester County, New York. The owner, Richard Scott, has turned this small but growing business into a social machine. He aggressively markets his services through Facebook, LinkedIn, Twitter, and Foursquare. With changes to his comprehensive integrated marketing process, he embeds trust at every level. Given his social focus, he has done no print advertising for more than 1.5 years, with a tremendous growth in new clients. He is a digital immigrant who has transformed his small business into the next-generation business, taking advantage of the model shift in his backyard.

The global world is primed for the social model shift because they are already digitally native or immigrants, meaning they grew up digital or adapted to it. Social tropes—social ways of thinking, feeling, acting, and being—represent a massive, new aspect of our world. The solutions that have sprung up on the consumer side are only a beginning. The real mass, the real power to transform, is on the business side. Becoming a Social Business is at the stage in life that the Internet was at so many years ago. Leadership companies are acting but not everyone is—yet. Unlike with the Internet, however, I believe time matters much more here, and the advantage goes to those who start early.

Why?

The Internet era was really more about the technology than people. Companies that began to go online were able to make up time by applying more technology and dollars to catch up. Conversely, in Social Business, it is less about technology and more about people and relationships. It is about closed businesses becoming open.

Relationships take time—not just technology. Therefore, I believe that Social Businesses are future-proofing their businesses by adopting early, and creating value by being bold in their usage. Future-proofing means ensuring that your company is anticipating the future in order to seize the opportunity that it represents. As we have discussed throughout the book, at their core, Social Businesses are

Engaging: A Social Business connects people to expertise. It connects individuals (whether customers, partners, or employees) as networks of people to generate new sources of innovation, foster creativity, and establish greater reach and exposure to new business opportunities. It establishes a foundational level of trust across these business networks and thus a willingness to openly share information, developing a deeper sense of loyalty among customers and employees. It empowers these networks with the collaborative, gaming, and analytical tools needed to engage each other and creatively solve business challenges.

Transparent: A Social Business is always learning and therefore believes that there should be no boundaries between experts inside the company and experts in the marketplace. It embraces the tools and leadership models that support capturing knowledge and insight from many sources, allowing it to quickly sense changes in customer mood, employee sentiment, or process efficiencies. It utilizes analytics and social connections inside and outside the company to solve business problems and capture new business opportunities.

Nimble: A Social Business leverages these social networks to speed up business, gaining real-time insight to make quicker and better decisions. It gets information to customers and partners in new ways—faster. Supported by ubiquitous access on mobile devices, new ways of connecting and working together, a Social Business turns time and location from constraints into advantages. Business is free to occur when and where it delivers the greatest value, allowing the organization to adapt quickly to the changing marketplace.

In this book alone, you have seen numerous examples of Social Businesses emerging. For example, IBM crowdsourced (crowdsourcing leverages the collective intelligence of many people to try to solve a problem or generate new ideas; crowdsourcing is also sometimes referred to as “wisdom of the crowd”) the nuanced knowledge of its worldwide employees to fine-tune its language-translation engine. KBC, a Belgian bank, totally refreshing its culture, is now getting greatly increased value from organizations that join it. Computer Science Corporation, an IT consulting and managed services company, has transformed itself into a client-focused team by engaging and serving its clients socially. And Blue Cross and Blue Shield is gathering and sharing patients’ ratings of healthcare providers, empowering consumers to make more informed choices.

And this applies to governments, too. By the end of 2011, the world population is expected to reach more than seven billion people. The United Nations has a bold idea—they are using social tools and social analytics to illustrate the interconnections of the people behind the number and start a global dialog. A global dialog to advance our collective understanding of how the local, and sometimes individual, decisions we make can have far-reaching impact. The idea is simple: Challenge the world’s social networks to host this dialog and catalog more than seven billion posts by capturing these discussions with a common hashtag #7b that can be searched across multiple networks and analyzed for actionable insights.

These Social Businesses know that creating a digital presence can heighten awareness and ultimately bring in new business.

What’s often ignored, however, is that without a clear plan and direction in place before a company begins, it can easily fail. A Social Business (or government) needs a bold AGENDA to navigate through the new waters.

The Bold AGENDA

The Social Business AGENDA (Align corporate goals and culture, Gain social trust, Engage through experience, Network your processes, Design for reputation and risk management, Analyze your data) is a way to outline your business plan to capture value and deliver business outcomes. It has been road-tested and is proven to help shape an effective approach. It is bold in that Social Business is in its earliest stages of maturity. Bold is the ability to take a risk, manage that risk, and be confident in the outcome.

Your next action upon finishing this book is to develop your AGENDA that is personalized to your goals, culture, and needed outcomes. My experience shows that creating your AGENDA can take as little as a couple days to upwards of a couple weeks. Understand and set the expectations that the AGENDA will change. You will need to be disciplined but nimble to adapt changes and modifications over time. This is a journey and you need to keep an open mind that your Social Business AGENDA will be a perpetual and living strategy that changes as your goals, culture, and needed outcomes change.

Throughout this book, I have highlighted hundreds of clients around the world leveraging social tools and techniques for results; however, I showcased a particular aspect of their journey to emphasize a point. Here is one complete example of an AGENDA from IBM to illustrate their overall Social Business AGENDA so that you can see the end-to-end view of the work and the results to date.

Now to draw up to your own AGENDA take a moment to review these details of how to establish the strategy in this format.

Align Corporate Goals and Culture

The strategic plan begins with a company’s goals. To gain solid business outcomes, start with the end in mind. Rank yourself today in your engagement, nimbleness, and transparency against your competitors and companies you admire.

The key points here are to form your goals based on the business needs. Goals need to be measurable and succinct. These goals should dive into business needs by line of business and across the company as a whole. For example:

• Enhancing your reputation among your customers and constituencies to grow in new markets

• Enabling you to respond more quickly to customer requests to customer care

• Increasing employee retention through employee engagement

Your company’s culture matters. Ensure that your plan includes education, Social Business policies, sponsorship from executives, change agents, and celebration of successes. Depending on the size of your company, industry, and objectives, you may want your employees practicing in private networks and experimenting inside your four walls first.

As discussed in Chapter 5, “(Social) Network Your Business Processes,” a Social Business Digital Council is a governance body established to ensure that the company is analyzing the reputational effect of employee use of social risks associated with employee use of social outside the firewall. Forming a digital council is a critical element of infusing the right level of focus throughout the organization. A digital council can be made of virtual teammates or those assigned full-time to explore the cross-functional best practices, plans, and direction of your team.

The top elements of your plan to align your company’s goals and culture are the following:

Measurable goals: Goals for your business that will guide and direct your Agenda.

Social Business guidelines: A set of guidelines for employees to guide them in their use of social tools outside the firewall.

Education, experimentation: Training for your employees so that they will be ready to experiment with social tools and techniques. This education will enable them to experiment internally first, and then go outside the firewall.

Champion at the top: A Social Business champion is an influential stakeholder at a company that will champion and support the use of social tools and techniques throughout the business and its processes. Usually they are the chairperson of the Digital Council.

Governance model with Social Business Digital Council at the heart: Governance is the structure of relationships and processes to direct and guide the use of Social Techniques in order to achieve the goal of the company. The governance model defines what has to be done to reach the goals, how it is done, who has the authority to do it, and the metrics of success that will be used. Without proper governance, Social Business best practices can be implemented in departmental silos which limit the opportunity for sharing across the entire corporation. The Social Business Digital Council is part of the governance structure established to ensure that the company is analyzing the reputational effect of employee use of social risks associated with employee use of social outside the firewall.

Gain Social Trust

A Social Business is a business with relationships playing the critical role. In this portion of your plan, you need to systematically determine for your corporation who your friends are, and who you want to make friends with. These brand advocates form an important role outside your four walls.

Determining your friends is about listening and selecting based on common interests, knowledge, and other key elements critical for your business. In addition to seeking out your friends, it is important to determine your best friends, or your tippers. These are those people who influence your brand online and those whom others listen to about your products. These key influencers have a set of characteristics. Typically, they are people who have strong relationships, and are an expert or authority in a subject. Sometimes influencers are those who get attention, taking an atypical view, or are just loud. I was recently at a virtual conference and heard a speaker talk about an influencer as someone who is honest, trustworthy, and knowledgeable. They have a consistent opinion that is objective and not influenced by someone paying them! These items drive a level of social trust and that trust persuades another person to take action.

Finally, developing social trust is about showcasing care and value. Listen and change where needed. Always be honest, and demonstrate value-add to your clients and the industry. There is a small company in Westchester County, Elegance II, which understands the value of trust. The owner personally develops trust with each client, and her daughter has taken that to social means, like Facebook. You do not have to be a big business to embrace the elements of Social Business.

These are the top elements of your plan to gain friends and fans through social trust:

Determination of your friends or brand advocates today: A friend is a client, a potential client, or an influencer who recommends your brand, company, or product because they like it so much, they feel compelled to discuss it. Determining those who are your friends or brand advocates is important to your overall social trust plan.

Determination of your “best friends” or tippers: These are people who influence the rest of the clients and potential clients online and offline, usually about 5% to 10% of your product’s or category’s population. These tippers are important people for your overall strategy and your company will pay extra attention to them.

Brand army (advocacy) strategy: A brand army (advocacy) strategy is a plan to determine those actions your company can take to build brand advocates, or people who are passionate about your brand and reference you as a normal course of business. Part of this strategy could be in the content that you share, your shared vision of a point of view in the market, or even support of a common cause that is outside the primary goal of making profit—for example, making the planet a better place.

Content activation plan: This is a plan to create content, distribute content, promote content, and measure its success. This content activation plan is usually determined in the Social Business Digital Council. The goal of the content is to showcase your company’s subject matter expertise or point of view (POV). It is critical when starting a community, and for guarding your reputation.

Determination of key methods to establish social trust in your space: Based on your company’s goals, a trust plan is formed to create and protect trust through online experiences and dialogues with a company, product, or brand.

Engage Through Experience

Engagement is about reaching your audience in a way that compels, inspires, and drives transparency. Research shows that engagement is highest when connection is made interactive and identifying or personal. An integrated approach is also essential in being consistent to your client. For example, at IBM we have a Social Business manager for a particular category or brand who orchestrates the multiple channels and messages for a consistent and coherent brand image. A Social Business manager is a person whose role it is to lead a company’s transformational initiatives which empower employees to deliver business value through sharing their expertise across the social web. The Social Business manager plays an active role in the community, engaging with all audiences on an ongoing basis, working to continually grow the network and improve the experience.

Key responsibilities include the following:

• Nurture and grow the network (on- and offline)

• Steward the network conversation

• Seek out streams of utterances and brief conversations

• Provide valuable content and experiences designed to spur conversation/viral sharing

• Offer a POV as a brand or knowledgeable network expert

• Ensure that input/feedback gets channeled to the appropriate internal functional group and expert

• Manage related platforms and content

• Remain responsible to the network first

• Monitor network health

• Evangelize social media best practices

The most engaging techniques for interactivity include the use of mobile, gaming, virtual gifts, other virtual and interactive cool concepts, video, location-based services, communities, micro-blogging, and more. The technique needs to fit the goal, culture, and brand, as well as the needs of your brand advocates, friends, and tippers. It should reinforce trust.

These are the top elements of your plan to engage through experience:

Creation of an engagement plan and methods: Because engagement is your emotional connection with your client or employee, it can be enhanced by exceptional experiences that are integrated, interactive, and identifying. By connecting people to expertise, it generates new sources of innovation, fosters creativity, and establishes greater reach and exposure to new business opportunities. It establishes a foundational level of trust across these business networks and thus a willingness to openly share information, developing a deeper sense of loyalty among customers and employees. It empowers these networks with the collaborative, gaming, and analytical tools needed to engage each other and creatively solve business challenges. This plan should be built with the help of your own teams, including your Social Business manager and community manager, as well as your brand advocates. The right set of metrics based on your choice of engagement methods will be critical to know if you are successful.

Selection of Social Business manager and/or community manager: Select the right team to evaluate your engagement plans. A Social Business manager is a person whose role it is to lead a company’s transformational initiatives which empower employees to deliver business value through sharing their expertise across the social web. They understand the social tools and techniques and should be able to offer choices to the Social Business Digital Council. A community manager is a person who manages an online community. This person’s role is to keep the community members active and engaged by setting the strategy, gaining trust of the members, and ensuring the appropriate content activation plan. Given that they know the community best, they are best suited to speak on behalf of your brand advocates and help in testing and evaluating the right engagement methods.

Evaluation of social tools for both internal and external use: Technology enables exceptional experiences. Through the appropriate use of mobile, gaming, video, virtual gifting, location-based services, and the new social tools, your engagement can be more competitive and of more value to your clients.

(Social) Network Your Processes

As your Social Business becomes savvy about its use of social techniques, a more advanced look at overall process efficiency is the next step. Today, the most common process with embedded social aspects is marketing. Other processes usually followed are human resources, customer service and support, product innovation, and supply chain.

In your Social Business AGENDA, explore ways that embedding social techniques could improve your process or allow you to explore new markets and thus create new processes. From IBM’s 2011 CIO study, nearly three out of four CIOs expect changes to their internal collaboration processes with high transformational potential for their organizations. For example, our workplaces encompass global teams connected by the Internet, whether we’re in our home offices, in the car pool line, or at the airport. At IBM, our 400,000 employees work in more than 170 countries. We bring new employees into our company on a regular basis, with more than 70 acquisitions in the past decade. Most of our employees work away from traditional offices, and 73% of our managers have remote employees. Our “follow the sun” work environment operates 24 hours a day, 7 days a week, 365 days a year. Inside IBM, we are working smarter, unlocking innovation, and building relationships using the same types of social tools inside our company network. Individuals and teams gain productivity, and they retain an appropriate level of confidentiality for our business.

Examples include ways to improve the following processes:

• Customer service process, by adding social self-service to the company’s community and blogs

• Public relations process, by enabling them to leverage a virtual press room with interactive demos

The top elements of your plan to (social) network your processes are these:

Define your core process focus: Selection of your first business process to which to add social techniques will enable you to gain support across the organization in becoming a Social Business. I would encourage you to look at human relations, product innovation, and marketing or public relations first, but plan to phase in customer service and other operational processes.

Select champions and teams: Carefully match the IT and business talents of your team to the tasks at hand. For instance, if you choose to start with HR, make sure that your HR leader is engaged and championing the effort.

Set metrics: Your company won’t know if it is successful if you do not measure your process improvements. Whether you use ROI or increases in new innovations, revenue, or access to experts, you need to make sure you have agreement on the right set of metrics.

Benchmark with other companies: From “The Rise of the Networked Enterprise: Web 2.0 Finds Its Payday” (McKinsey Global Survey Results, 2010), I shared that on average 30% of those that social-enabled their HR and talent management process increased their speed to knowledge and experts and that 20% of those companies that socially enabled their product innovation process increased time-to-market and successful innovation. Make sure you are comparing yourselves across other bold companies!

Design for Reputation and Risk Management

Risk management is a top subject for every company management team that I have spoken with this year. Recently, a CEO told me that the company had chosen not to leverage social in their business to protect their brand. I showed him that regardless of whether they allowed their brand and employees to participate, their brand was still out there. In the social world today, your clients, tippers, and influencers are your new marketing department, so managing your reputation and risk is a top priority. Having a risk management plan is smart business.

To begin, you need to define your “go-to” team for reputation and risk management and create your plan before a small incident or even a disaster occurs. A disaster could be as minor as someone tweeting about your product in a negative tone, or as serious as a full-out digital attack from an activist group on your supply-chain process. Success comes to those who are prepared. Speed and being proactive are the currency for success so make sure that you are nimble. With the right team and plan in place, your listening tools will alert you to issues. Your response should be transparent.

I often see this “go-to” team as a shared service across multiple lines of business. Because not all issues are equal, having a rating system on the seriousness of the situation will make the response appropriate to the issue. As these issues arise, the “go-to” team will engage the appropriate business owner or stakeholders to take action. For example, the team listening may route some issues to marketing or communications while other issues may be routed to HR or Legal departments.

These are the top elements of your plan to design for reputation and risk management:

Run a premortem: I went to Harvard Business School, and the professors there used to teach us about “prospective hindsight,” or imagining that an event has already occurred. This hindsight increases the ability to correctly identify reasons for future outcomes by 30%. If your company conducts a premortem on the worst thing that could happen to your company, brand, and product from your Social Business plan, you can assess risks at the outset. This premortem will prepare you for success. Take it seriously! Guy Kawasaki highlighted premortems in his new book, Enchantment.

Select the appropriate listening tool(s): Listening enables you to gather and analyze conversations about your company, brand, and product. Because there are conversations about your brand going on all the time, you need an automated way to gather up the information about your brand. Gathering is one part of the equation; analyzing it to build or protect your reputation is equally important. With the amount of data in the blogosphere, you need tools to assist you in doing this.

Classify the types of issues requiring response, and the speed needed in each case: Determining your system of warning is important. This enables you to have categories of issues—for instance, a single tweet about your brand that you need to address quickly to avoid damage to your reputation versus an entire organized attack online against your company. This categorization could be as simple as red, yellow, green, but regardless of what the system is, you need to have one for your company, and know the speed with which you have to respond based on the category of issue.

Select a Social Business Reputation and Risk manager: The role of this individual is to own the responsibility for listening and then filtering information to the correct departments inside the organization. For example, the Social Reputation and Risk manager might pick up a negative sentiment around supporting a product. It is not the manager’s responsibility to respond, but instead it’s his or her responsibility to notify the appropriate brand army (customer support and advocacy) to handle that situation.

Create a reputation and risk management plan: This plan needs to define how your company will organize the response, create an activation plan for the crisis, and select the right team to handle before the crisis occurs. In addition, they will define the reputation elements of your brand and proactively build and protect your company, brand, and product.

Refine through postmortem: A postmortem enables your company to learn and get better each time. Most of the Fortune 100s have had some crisis, learned from their mistakes, and gotten better at addressing and avoiding future issues.

Analyze Your Data

Turning data into insight is essential for any Social Business. Analytics enables a company to make decisions and to leverage predictive tools to get ahead of the next big trend so that they can better satisfy their clients. Social analytics can provide an increased aperture of the consumer and the ability to see new patterns and opportunities.

Social analytics is a new area of focus, but I advise clients to jump into a set of metrics and learn from the best practices of others. Even if it is in small steps. For example, Morning Report is an IBM research project that showcases a simple but valuable use of analytics.

This solution focuses on the ritual of waking up in the morning and wanting to know immediately the latest news applicable to you, meetings you need to attend, and how the business is going. Morning Report is more than just a dashboard of content. It uses analytics to generate what content is surfaced in the report. The report allows customers to aggregate content and social feeds into our user experience.

While your first set of selected metrics will have to be refined, over time you will see what the best predictors of your success are. For instance, business goals might be these:

1. Brand advocacy, community engagement—marketing and PR

2. Reputation management—customer service and PR

3. Innovation—product development

4. Demand generation—marketing and sales

5. Employee advocacy—HR

These are the top elements of your plan to analyze your date:

Set up your command center: Your command center could be virtual on people’s desktops or in a room, but you need to have a dashboard that has real-time data collection and generates insights through feedback collection by connecting to social networks.

Chose keywords or topics, categories, and segments: Your company needs to select the right words to search and listen to. Keywords are those that are associated with your listening focus. It would be your company, product or brand. It might include your category, like ketchup, as opposed to listening for just Heinz. These are words that are key to your success in the marketplace.

• Define core metrics: Overall, metrics include engagement, influence sentiment, and mindshare. But you need to go deeper. In this book, we also discussed these topics:

Comprehensive analysis view based on chosen keywords: These metrics look at overall statistics about your company, brand, or product, or keywords.

Affinity analysis: This involves the connection between people. In this tracking, this metric explores the relationship of the follower or friend to your company.

Sentiment view: This metric helps you understand how people feel about your company, brand, or category based on what they write. Sentiment defines snippets of social data as positive, negative, or neutral/undefined. Social analytics takes the data into insight about feelings and emotional connections.

Trending topics: This metric is about predictive trends that are occurring in the blogosphere that impact your company, brand, product, or keywords. Tools help you build models to predict behavior and recommend the next best action.

Earned: This metric looks at the media, content, and channels that are delivered through a third party without exchange of payment—for example, traditional (public-relations-generated news, analyst coverage, or digital), Twitter, blogs, and product reviews.

Determine what data and sites you want to analyze: Your company might just want to review sentiment from your employee community as a way to gauge employee satisfaction, or go after all the sources in the blogosphere to have a full view of all sources. Make sure you determine what data sources you want to leverage.

Select tool or tools for advanced analytics: Given that there are many free and fee tools in the marketplace, you need to have a selection process for the right one. Automation is required in this space due to the sheer amount of data.

Create feedback loop to make changes: Because this is a new space, there needs to be a systematic way to determine what is working and to modify as you move forward. Make sure you have a feedback loop in place to capture and learn.

Benchmark with other companies: Learning from others is always crucial for success. Make sure you are constantly learning from others on their social analytics best practices.

Sample AGENDAS from Around the World

A journey to become a Social Business is never over. One of the best ways to learn is through others. Social Business is also not a North America phenomenon. It is truly global, opening up more doors for competitive advantage. As you approach the Global Market, make sure you learn about the adoption practices in that area of the world!

Here I’ve included additional sample AGENDAs for your reference from companies around the world.

New Roles Created by Social Business

With all this change, Social Business has now started to grow the types of jobs that are available in the marketplace. Just like the Internet, which transformed the company’s focus and brought with it new jobs, Social Business is our fifth era of change looking to do the same. During the Internet era, new job types were created in abundance. In fact, according to the McKinsey Global Institute’s report “The Net’s Sweeping Impact,” the Internet had a significant impact on growth and prosperity of the economy, and created more than two new jobs for each lost job (for instance, a brick-and-mortar company moving online). Social Business is doing the same.

What are some of the new job types that the Social era is producing? We have been discussing them throughout the book, but I wanted to consolidate them in one place to make it easy for your consideration:

Community manager: A person responsible for building, maintaining, and activating members in an online location around certain topics. The key skills required for this role include the ability to be transparent, to drive sharing among members, and to listen and shape conversations. This role has become so popular that a day honoring it was created!

Social business risk manager: A person who is focused on managing the risk associated with the orchestration of your brand value online. The role entails building a risk management plan, selecting a listening tool for ensuring that risk is assessed, and ensuring that groups of people can rally around a recovery. The key skills required for this role include the ability to understand new Social Business tools and techniques, public relations knowledge, and grace under fire in a crisis.

Social business reputation manager: A person responsible for building, maintaining, and protecting a company’s reputation. Reputation is what clients and potential clients believe to be true about your company. The key skills required for this role include the ability to understand new Social Business tools and techniques, marketing, and the ability to position a brand, company, or product in a positive light. This role has now outpaced the risk manager role, showing that the industry has moved to being much more proactive.

Social analytics manager: A person who monitors, listens, and analyzes the sentiment (or feelings of people online), and turns the massive amounts of data into insight. This role will become increasingly important as more automated tools are coming into the market. The key skills required for this role include the ability to understand new Social Business tools and techniques, business intelligence, and the ability to make recommendations on incomplete data.

Social curator: A person at your company who is responsible for information quality and quantity. Just as a curator at a museum is responsible for placing information and displaying it, this person is responsible for the content activation plan. A content activation plan is a plan to create content, distribute content, promote content, and measure its success.

Social customer support manager: A person responsible for scouring the blogosphere for customer concerns, insights, and statements. This person’s role will have to extend through multiple channels of input—including social tools like Twitter and Facebook, as well as traditional channels of phone, which has now become one of many places where listening and turning data into insight will occur. Key skills for this role include the ability to understand new Social Business tools and techniques, customer service, and CRM.

Social product innovation manager: A person who can generate ideas, refine ideas, and solicit valid “votes” on the best ideas that customers will actually buy into. With the increase in crowdsourcing or the ability of using crowds in the blogosphere to create and vote on new product concepts, this person becomes crucial to your company’s innovation engine. Key skills for this role include the ability to understand new Social Business tools and techniques, product management, and product development.

With the growth of Social Business on a global scale, companies exploring these new job categories will be those with the most future success.

My advice? As you start your journey to become a Social Business, make sure you are looking at the training you need to provide to your current employees, as well as the new job types that will help you succeed in today’s competitive landscape.

Conclusion

Today, more than two billion people use the Internet. By the end of this year, Generation Y will outnumber baby boomers, and already over 96% of them have joined a social network. In fact, according to comScore, Inc., a leader in measuring the digital world, in “The State of the Internet,” social networking now accounts for over 22% of all time spent online.

As we explored the impact of these numbers, the speed was notable. This adoption has happened at an incredible pace. If you look at the amount of time it took for radio or TV to reach 50 million users (nearly 40 years for radio and 14 for TV), the Internet has far outstripped them, reaching that number in only 4 years. And to put even that number in perspective, Facebook added 100 million users in less than 9 months, while iPhone applications hit one billion downloads in 9 months.

It’s clear we are now in the midst of a revolution. And companies are not being left out. According to a survey of nearly 1,700 executives by McKinsey,

• 74% are integrating Web 2.0 with customer interaction, and

• 75% are integrating Web 2.0 into employee day-to-day activities.

And these companies are seeing results: 69% report they have delivered measurable business benefits. The Social Business AGENDA is an innovative, breakthrough approach to guide you to defining your approach in this collaborative world. The sample AGENDA, references, and guidance templates provide a quick-start way for you to get started today. Get bold! Start on your Social Business journey today!

I wrote this book to share my best practices and those of other leading companies so that you and your company can drive competitive advantage and great client values. I have no doubt that more social avenues will emerge over time. I hope you will continue to learn with me by following my blog (http://socialmediasandy.wordpress.com/) and Twitter account (http://twitter.com/sandy_carter).

I wish you the best of success in your Social Business endeavor.

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