How to Conceive and Launch Social Co-creation Projects

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Consulting Services How to Design a Social Media Project By G Sankaranarayanan 22-23 June, 2012 Chennai

description

How do you identify social media projects that will guarantee maximum success rate

Transcript of How to Conceive and Launch Social Co-creation Projects

Page 1: How to Conceive and Launch Social Co-creation Projects

Consulting Services

How to Designa Social Media ProjectBy G Sankaranarayanan

22-23 June, 2012Chennai

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Co-creation by ProjectsTwo EssentialCharacteristics of projects

Projects are "unique endeavors" by definition, and not a core, ever going project

Projects are “temporary endeavour” undertaken to create a unique product or service.

Projects have a start date, end date, and a specific goal

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Campaigns Challenges: Crowd sourcing/Co-creation Community

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Campaigns

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Hero MotoCorp’s Billion Voices

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Challenges

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Two Types of Challenges

Crowd Sourcing

• New concepts• No components

Co-creation

• Configuration• Non-configurable

base

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Two Types of Challenges

Co-creation Crowd sourcing

Example: Developer Challenge

Local-Motors, which provides chassis as a non-configurable base, and asks its community to build components on it

Example: Idea Contest

BMW’s Urban Mobility idea contest, which gives only some specs, but the community comes up with new ideas

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Challenges – Crowd Sourcing

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Challenges – Crowd Sourcing

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Challenges – Co-creation

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Co-creation UnthinkableNot everything can be co-created

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Co-creation UnthinkableNot everything can be co-created

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Co-creation UnthinkableNot everything can be co-created

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Co-creation Candidate • Critical mass for collaboration

• IP risks• Business risks• Appeal for

participants/collaborators

Identify projects that are suitable for co-creation

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Co-creation in Textile Industry

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T-Shirt, a classic product

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Shirt, a classic product

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Jeans, a classic product

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Communities

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Community – Generation Benz

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Community – Hyundai AfterMarket

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Consulting Services

Identifying Project Hotspots

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Project Hotspots

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"100 percent recyclable cups by 2015“

Starbucks

Internal PriorityCase Example: Starbucks

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External Priority

"Paper cup is number one environmental liability of our

customers"

Jim Hanna, Director, Environmental Impact, Starbucks

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Project Hotspot for Starbucks

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Starbucks’ Betacup Challenge

Facts and Figures

Type: Idea contestDuration: April-June, 2010Results: 430 ideas5000 comments1 crore impressions

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Consulting Services

WorksheetIdentifying Project Hot Spots

Link to File

Contact [email protected]