Bizflash11

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Social Business Bret L. Simmons, Ph.D. www.bretlsimmons.co m @drbret

Transcript of Bizflash11

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Social BusinessBret L. Simmons, Ph.D.www.bretlsimmons.com@drbret

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http://devinsizemore.com/Live blog coverage

#bflash

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Do you know everyone in the

room?

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INTP

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SocialAllied with Friends

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If you don’t care, no one

will

Gary Vaynerchuk (2011)

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MediaMeans of

communicating

Scott McKain, 1/14/11

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Social Media for BusinessMeans of communicating with those friends with whom you are allied to continuously improve and grow your

business

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Social Media Doesn’t Work

1. Your product or service isn’t any good

2. You’re doing it wrong

Gary Vaynerchuk (2011)

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Remarkable BusinessWhat is the single most important thing you need to do on a daily basis if you want to grow your business?

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Loyal customersRemarkable products/services

Remarkable operationsRemarkable employees

You

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Are you remarkable?

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This isn’t just business, it’s personal

Mitch Joel

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BrandThe set of expectations, memories,

stories and relationships that, taken together, account for a consumer’s decision to choose one product or service over another. If the consumer doesn’t pay a premium, make a selection or spread the word, then no brand value exists for that consumer

(Seth Godin)

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Remarkable Brand

RelationshipsChoiceTalkValue

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Action #1: Your Top Competitor

• Good or bad relationships with customers, employees, community?

• Why do people choose them?• What do people say about

them?• How does their value differ

from yours?

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If I was your competitor

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People are talking

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Customers

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Employees

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Suppliers

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People are talking

You earned everything

they say about you

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Customers

Employees

Suppliers

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What’s new?What’s new?

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Speed, reach, and impact of good and

bad news about your business

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How are you responding?

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Business as usual?

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Something new

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You and your employees

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Social Objects• The reason two people are

talking to each other • Social networks form around

social objects, not the other way around

Hugh MacLeod

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Social Objects• Documents• Video• Audio• Pictures• Presentations

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Your Website

Video, Audio, Presentations

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Content (helpful social objects)Conversation

Influence

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Engagement Matrix: Tom Webster

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Social Objects

Focus on becoming a factory of

relevant social objects.

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Social Customers

• Convene – not control – the conversation

• Help them find you, and when they do, make sure they have a reason to say good things

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Remarkable!

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Action #2: Social Objects

• How do you create social objects?

• How do you convene conversation around those objects?

• Join the conversation: By the end of the week, write a review on Yelp or leave a comment on a blog

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Whether you think your company is social or not, it is – because your employees are social.

Tom Webster

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Social Employees

• Talking – other sites• About you – other sites

policy, trust• For you – your site

strategy

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Reasonable Openness

• Respect that your customers and employees have power

• Build trust• Nurture curiosity and humility• Hold openness accountable• Forgive failure

Charlene Li (2010)

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Sandbox Covenant

• Sandbox: clearly defined boundaries where it is safe to operate

• Covenants: promises with shared accountability

• Structured openness Charlene Li (2010)

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People Power

Social business is about people, not logos. Don’t just rely on official spokespeople to steward your brand; hire (and work hard to retain) people throughout the company that can build and nurture your community. Social media is not just a job, but also a skill.

Baer & Naslund 2011

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Digital Citizens

Hire employees with a demonstrated track record of being professionally personal using the tools that can most help (or hurt) your business growth (e.g. blog, Facebook, Twitter, Youtube)

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Action #3: Recommendation

• What do your employees say about you to their friends and family?

• How do you know?• By the end of the week, join

LinkedIn and write a recommendation for a former employee or employer

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• Strategic opportunity• Operational excellence• Give everyone that touches

your business something good to say

• Convene the conversation• Become a valuable social object

factory

Key Points

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Customers

Employees

Suppliers

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Questions?

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Social Business

Bret L. Simmons, Ph.D.www.bretlsimmons.co

m@drbret