Potent Social Media strategies for Utility companies

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A collaboration of: Potent Social Media Strategies for Brand and Customer Loyalty Tom Raftery RedMonk Tuesday 20 September 11

description

Utility companies are facing increasing challenges because they have an aging workforce, increasing demands on their resources, and poor customer image.Clever use of social media strategies can help utilities significantly alleviate these issues.

Transcript of Potent Social Media strategies for Utility companies

Page 1: Potent Social Media strategies for Utility companies

A collaboration of:

Potent Social Media Strategies for Brand and Customer Loyalty

Tom RafteryRedMonk

Tuesday 20 September 11

Page 2: Potent Social Media strategies for Utility companies

Tom Raftery

• Lead analyst, energy and sustainability practice, RedMonk

[email protected]

• GreenMonk.net

• twitter.com/tomraftery

• +34 677 695 468

• SlideShare.net/TomRaftery

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Tuesday 20 September 11

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Who are you?

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Photo http://www.flickr.com/photos/warmestregards/2789694551/

Tuesday 20 September 11Work for a utility?

Co. that uses Social Media internally/externally?

FaceBook? YouTube? Twitter?

Block them?

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Power of Social Media?

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Photo http://www.google.com/hostednews/afp/article/ALeqM5iWq3vSDxhfRBUycN8lnup8PjiLGw?docId=CNG.4738bb3bfe08893b892ccf69563ecc85.3d1&index=0

Tuesday 20 September 11President of Egypt from 1981-2011

Ousted in an uprising which would not have been possible without social media

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Social Media

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Video http://www.youtube.com/watch?v=fpMZbT1tx2o

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Challenges

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Aging Workforce

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Photo http://www.flickr.com/photos/gagilas/3501432476/

Tuesday 20 September 11 In the U.S. energy sector, more than a third of the workforce already is over 50 years old - http://hbr.org/2008/02/managing-demographic-risk/ar/1

U.S. Bureau of Labor Statistics: In the US approx 30-40% of the work force in the electric utility sector will retire in the next 10 years

And aging infrastructure

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Image

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Photo http://www.flickr.com/photos/photofarmer/3303387519/

Tuesday 20 September 11At best, boring

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Image

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Photo http://www.flickr.com/photos/undertow851/5964155985/

Tuesday 20 September 11Sometimes, not trustworthy

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Increasing Demands

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Images http://www.paulchefurka.ca/EnergyGap.html

Tuesday 20 September 11Increasing demand for dwindling energy sources

EIA: world energy use to increase 53% by 2035; China and India account for half of growth

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Increasing Demands

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Photo http://www.flickr.com/photos/jeremybrooks/2473047860/

Tuesday 20 September 11Also other demands - - Customer service - Reduced environmental impact - Energy consumption information

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Social Media

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Aging Workforce - Recruitment

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http://www.linkedin.com/groups?home=&gid=67258&trk=anet_ug_hm

Tuesday 20 September 11Generate a presence where the experts are -

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Aging Workforce - Retention

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Photo http://www.flickr.com/photos/stephanridgway/4110712532/

Tuesday 20 September 11David Legge of FortisBC - guy walking out of interview - prob apocryphal but...

Rotary dial phone - padlock on the dial

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Image

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http://www.youtube.com/watch?v=owGykVbfgUE

Tuesday 20 September 11Old spice sales up 100% in month that followed

Still up 50% a year later (with help from coupons) http://adage.com/article/viral-video-charts/spice-killing-youtube-sales/229080/

This ad alone has had 35m views (how many for playlist?)

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Image

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http://www.youtube.com/watch?v=owGykVbfgUE

Tuesday 20 September 11Sales up 100% in month

Up 50% a year later (with help from coupons) http://adage.com/article/viral-video-charts/spice-killing-youtube-sales/229080/

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Internal Communications

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Aging Workforce - Knowledge

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Photo http://www.flickr.com/photos/dabhaid/314923760/

Tuesday 20 September 11 In the U.S. energy sector, more than a third of the workforce already is over 50 years old - http://hbr.org/2008/02/managing-demographic-risk/ar/1

In the US only approximately 30-40% of the work force in the electric utility sector will retire in the next 10 years - U.S. Bureau of Labor Statistics.

Social Media for Knowledge managementCompany blogs / Wikis / Co. video

Raise hands if your co has an internal knowledge mgmnt program

Keep hands up if co has knowledge sharing KPI’s?

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Internal communications

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http://www.Dilbert.com

Tuesday 20 September 11Done right - SM is good for employee morale (retention)And knowledge management

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Internal communications

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Internal IBM blog

Tuesday 20 September 11Knowledge sharing - you as blogger become acknowledged expert

Rated by peers

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Internal communications

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Internal IBM blog

Tuesday 20 September 11IBM has 18k internal blogs - running blog program 8 yrs

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Internal communications

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http://en.wikipedia.org/wiki/SAP_AG

Tuesday 20 September 11Wikipedia - Election of Benedict story

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Internal communications

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http://pbworks.com/

Tuesday 20 September 11It@cork meeting minutes

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Internal communications

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http://www.socialtext.com/

Tuesday 20 September 11Hosted

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Internal communications

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http://www.mindtouch.com/

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Internal communications

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http://www.youtube.com/watch?v=cRdxXPV9GNQ

Tuesday 20 September 11Video blogs - rich mediumSome find it easier to talk than to write

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Internal communications

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https://www.chatter.com/

Tuesday 20 September 11SalesForce’s Chatter now deployed by over 100,000 co.’s worldwide

Free private social network for your co.

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Internal communications

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http://www.huddle.com/

Tuesday 20 September 11Internal AND External

Project management

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Internal communications

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http://www.sapstreamwork.com

Tuesday 20 September 11Internal AND External

Project management

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Internal communications

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http://rypple.com/

Tuesday 20 September 11Performance management

Watch a couple of the Rypple videos!

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Internal communications

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https://docs.google.com/

Tuesday 20 September 112 ppl working on a spreadsheet remotelyIn a browserAnd chatting

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Customer Service

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Customer Service

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http://bit.ly/KLM-Ash

Tuesday 20 September 11KLM and the Ashcloud120 people in shifts for 7 days on FB & TwitterNow has 23 strong social media dept

“customer service agents in the social media dept are 75% more productive than those in call centres”

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Customer Service

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http://www.bge.com/Pages/default.aspx

Tuesday 20 September 1125 videos on Irene - 9 on preparation, 16 on power restoration

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Customer Service

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http://www.youtube.com/user/BaltimoreGasElectric#g/c/F403154CEA64F176

Tuesday 20 September 1125 videos on Irene - 9 on preparation, 16 on power restoration

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Customer Service

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http://twitter.com/#!/mybge

Tuesday 20 September 11% customers restoredReplying to queries“DM your address and we ...”4040 followers

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Customer Service

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http://www.facebook.com/myBGE?sk=wall

Tuesday 20 September 11Restoration updatesReplying to customers5841 likes

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Customer Service

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http://www.facebook.com/myBGE?sk=wall

Tuesday 20 September 11158 Photos tagged Irene

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Customer Service

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http://www.youtube.com/user/BaltimoreGasElectric#g/p

Tuesday 20 September 11Playlists for Safety, Smart energy, conservation, news coverage, community programs

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Customer Service

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http://www.youtube.com/user/DomCorpComm

Tuesday 20 September 11Check out number of views!

Provide info & ppl will stop calling call center & go to SM sites

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Customer Service

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http://www.youtube.com/user/DomCorpComm

Tuesday 20 September 11Check out number of followers & tweets

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Customer Service

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http://www.youtube.com/watch?v=d0D9kEuqfb0

Tuesday 20 September 11picked up & run by local mediaEnsure every truckroll has a smartphone...

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Customer Service - Crowdsourcing

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http://www.ideastorm.com/

Tuesday 20 September 11Social customer service - crowdsourcing ideas/feedback

The Dell Community has:• Contributed 16,076 ideas• Promoted 746,441 times• Posted 93,195 comments

Dell has:• Implemented 467 ideas

Starbucks also

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Customer Service

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http://getsatisfaction.com/

Tuesday 20 September 11Social customer service - crowdsourcing ideas/feedback

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Analytics

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Analytics

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http://www.youtube.com/watch?v=InrOvEE2v38

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Analytics

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http://www.radian6.com/

Tuesday 20 September 11Recently bought by SalesForce for $340m

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Analytics

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http://www-03.ibm.com/press/us/en/pressrelease/34087.wss

Tuesday 20 September 11IBM now in social media analytics as well

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Analytics

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http://www.omniture.com/en/products/social/social_analytics

Tuesday 20 September 11Adobe acquired Omniture for roughly $1.8 billion

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Analytics

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http://www.omniture.com/en/products/social/social_analytics

Tuesday 20 September 11SAS Social Media analytics app

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Energy Management

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Energy Management

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http://www.oracle.com/us/industries/utilities/turning-information-power-195649.pdf

Tuesday 20 September 1195% are interested in receiving detailed information on their energy use

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Energy Management

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http://www.meregio.de/en/index.php?page=index

Tuesday 20 September 11Minimum Emission Region - MeRegio - Baden-Württemberg

Research project involving SAP Research & 5 partners

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MTKD

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http://www.flickr.com/photos/collinanderson/2696845391/

Tuesday 20 September 11Mean Time to Kitchen Drawer

aka MTJD

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Energy Management

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SAP Smart Meter Analytics

Tuesday 20 September 11SAP Smart Meter Analytics

Centrica demo at Sapphire - largest SAP customer ! - 18m residential customers! - 1m businessGoing from 75 million meter reads per annum to 120 billion meter reads a year

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Energy Management

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SAP Smart Meter Analytics

Tuesday 20 September 11SAP Smart Meter Analytics

Centrica demo at Sapphire - largest SAP customer ! - 18m residential customers! - 1m businessGoing from 75 million meter reads per annum to 120 billion meter reads a year

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Energy Management

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http://foursquare.com

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Energy Management

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http://foursquare.com

Tuesday 20 September 11iPhone app Awards - MayorPointsLeaderboard

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Energy Management

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http://foursquare.com

Tuesday 20 September 11Achievement badges

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Energy Management - What-if?

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http://www.meregio.de/en/index.php?page=index

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With increased information and ‘fun factor’ - people become more engaged -> the MTKD is prolonged

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Energy Management - What-if?

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http://www.meregio.de/en/index.php?page=index

What-if Energy apps had:

•Ability to share to Facebook, Twitter, Google+, etc

•Leaderboards?

•Achievement badges?

•Targets and scores?

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With increased information and ‘fun factor’ - people become more engaged -> the MTKD is prolonged

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Challenges?

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Challenges

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Tuesday 20 September 11Capture knowledge before people retireAttract high quality new hiresHow many times have you heard ppl say - “You work for XYZ utility - wow, that’s soooooo cool”?KPI’s for quantity & quality of knowledge shared

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Thanks!

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Mind Map

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Tuesday 20 September 11

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A collaboration of:

Tom RafteryRedMonk

[email protected]

Tuesday 20 September 11