[UPDATED] Herd the Cats is usually initiated by the CMO/CDO (Chief Digital Officer) or other enterprise practice or brand executive who discovers that various business units or brands in the organization have diverse social media presences without much apparent direction or business results. S/He wants to use strategy to provide a keel that resonates with corporate strategy, addressing issues as diverse as corporate citizenship, community, health or policy.
In 2013, digital marketing and firm executives are thinking about building their internal teams to provide more continuity and scale, so the champion often wants to create a social business “center of excellence” to serve several businesses or brands, leveraging enterprise resources to improve social business performance and contributions.
Herd the cats is the fourth of the five-part social business team building series The series describes team building in the context of various scenarios in which firms build social business capability, step by step, while investing wisely. Social Business Strategy Use Cases outlines and compares all five use cases while Social Business Team Building gives general guidance for […]
Anonymity, Marketing and Predicting the Future shows that, although each culture has its own concepts of “anonymity” and “marketing,” anonymity will prove to have been a temporary phenomenon in most human cultures because communications technologies are counteracting it. Moreover, based on my studies of and experience with sociology, evolutionary psychology and technology, I observe that 20th century marketing is grounded in anonymity, so we can predict the future of marketing by exploring anonymity and its relationship to marketing.
In brief, marketing’s influence is most poignant when anonymity is high and the marketing “target” is ignorant of the product/service and how to use it. In this scenario, the target is most open marketing’s influence. Read on to learn how marketing is related to anonymity, where anonymity is going and how marketing can transform to strengthen its influence.
Marketing organizations that do not transform will be sidelined because anonymity is dissipating fast.
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Advisory & Services Firm Social Business Adoption 2012 is a research survey that looks at social business advisory/consulting firms in a new way. Using quantitative methods, I compared consultancies according to the needs of clients who want to transform their organizations with social business. The twelve metrics measure firms’ performance in business impact, sociality, and transformation areas, and they rank firms within firm categories and overall.
Now prospective clients can compare Strategy firms, Big Four firms, Agencies, Analysts, Enterprise IT firms, and Pureplays quantitatively. Moreover, consulting firms can use these metrics for guidance in building out their social business practices.
I launched CSRA in 2006, and we have always practiced social business as transformation. Client work in social business transformation enables me to see where the market is going, so this survey considers social business firms from that future state.
[UPDATE 8 Mar] Now available: “Executive Briefing” is even more summarized (14-slides) in two versions: Guidance for Clients and Guidance for Firms. Research survey results will be most useful if you […]
[UPDATED] The Big Four accountancies have been rebuilding their advisory practices for the past several years, and social business transformation fits with their core competencies in important ways. Like Strategy firms, they have been watching adoption and producing thought leadership on various aspects of social technologies’ relevance to business. Their approach also resembles that of strategy firms in that they have relatively low evidence of social business practice.
Big Four firms are well positioned to evolve into social business consultancies because they have core competencies in business strategy and business process transformation. However, they will be challenged by their relative lack of core communications skills and awareness of “soft” social, people and behavioral knowledge.
Deloitte has been an early adopter of social business as a concept, perhaps because it did not shed its consulting practice in the early 2000s as all others did. PwC acquired boutique social business consultancy Ant’s Eye View in 2012, which shows its intention to integrate social business more deeply into its Customer Impact practice.
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[UPDATED] Marketing, advertising and public relations (MAP) agencies have comprised the largest share of the “social” advisory and execution firms for many years. Most of the other advisory firms are relative late entrants, with the exception of some Analyst and Enterprise I.T. firms. Communication forms the core of social technologies, and MAP agencies have been pivotal in leading the growth of social media activity in their clients, many of the largest brands in the world.
However, this research survey argues that, although social media will remain an important portion of the total economic value produced by using social technologies, it will devolve into a minority portion. Collaboration and pervasive innovation will be the majority, which will require enterprise business process transformation. MAP agencies lack competencies in management consulting and enterprise transformation, so they are in an ambiguous situation, being the leaders in social media, a shrinking market in the medium to long term. This report shows how agencies can navigate these rapids and how their clients might best partner with them […]
Advisory and Services Firm Social Business Adoption 2012 is publishing as individual Executive Summaries of firm category reports. These discuss relative scores of firms in each category, but they don’t disclose scores themselves. This enables us to have some fun. You can guess the highest scores in several categories and win valuable prizes!
Contest Rules
To be eligible for 1st, 2nd or 3rd prizes, all you need do is respond to four questions via the embedded survey below. You could win an Extended Analysis report of any firm in this Research Survey, or even commission your own Extended Analysis report! For five minutes of your time.
I will award prizes two days after the last Executive Summary publishes (see the Research Survey microsite for dates). However, the first person who responds with the correct answer wins that prize. This introduces some risk for people who just wait until the end! You should also know that I reserve the right to change any of the rules or prizes without notice except on this […]
[Updated] The Social Media Upgrade applies to most consumer-oriented brands that have been outsourcing much of their social media work to agencies. In 2013, digital marketing and brand executives are thinking about building their internal teams to provide more continuity and scale.
Social Media Upgrade is the first of the five-part social business team building series The series describes team building in the context of various scenarios in which firms build social business capability, step by step, while investing wisely. Social Business Strategy Use Cases outlines and compares all five use cases while Social Business Team Building gives general guidance for how to create social business teams as well as recommendations for what characteristics leaders have, so I recommend reading them, too.
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![target_dollar](http://rollyson.net/wp-content/uploads/2013/01/target_dollar.png)
You can create more opportunity with a career mission, especially when you don’t get distracted by traditional career or job search concerns like whether you have a “consulting” or “employment” relationship. Here I’ll share how you can create far more opportunity by changing your assumptions about work, tapping the Social Channel and aligning yourself with the emerging Knowledge Economy. To illustrate the point, I’ll use myself as an example because I’m a veteran of many types of “work arrangements.”
It’s the good news-bad news story of the almost-decade: legacy “work” and “jobs” have permanently gone by the wayside as the primary means for people to be productive in “modern” economies (bad news). However, people can create a higher quality of life by adopting a more flexible approach to work, and organizations are crying out for flexibility (good news).
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It is exciting to see widening recognition that brand survival depends on improving the lives of customers, not merely “pushing product” as they are accustomed to doing. In the latest example, Business Should Focus on Sociality, Not Social “Media”, Umair Haque offered a case for the end of social media and the disruption of many Industrial Economy structures, namely the social contract.
As regular readers well know, I agree with Haque’s key thesis, that brands need to jettison their legacy focus on products/services in favor of dedicating themselves to helping users achieve outcomes while using their products. I have often written that humans and their organizations will have to adopt a more collaborative and responsible attitude and approach in general. However, I don’t agree with him that there’s only one way to do “sociality” as he implies by his assertion that brands have an “existential responsibility” to “the art of living.” Here I’ll explain the differences, which will help brand stewards understand the nuances of brands’ disruption.
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[UPDATED] Several profound market forces are preparing the ascendancy of Knowledge Economy products, which result from collaboration among designers, artists, engineers, customers and firms. This represents one of the Knowledge Economy’s most exciting-yet-disruptive elements: “products” will cease to be dominated by monolithic factories that mass produce virtually all items that people use and consume. Moreover, people have an inherent joy when they can make things for themselves, their friends and their families—and a dramatic new wave of creativity and innovation is imminent. To help you wrap your mind around Knowledge Economy products, this post will recall what happened to mass media and entertainment industries.
Knowledge Economy products are conceived, designed, prototyped and fabricated in the Social Channel. Best practices in open source, Agile development, design and Web development will unleash continuous innovation at a scale and pace we’ve never seen before. Knowledge and innovation will be free in the Knowledge Economy because all supporting processes will become an order of magnitude faster and cheaper. Firms and brands that do not recognize and respond quickly enough will become irrelevant.
Most brands […]
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