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Social Collaboration: A Path to Business
Value
June 2016
Page 2
Who is EY
EY is an organization of
member firms operating
in 150 countries.
► We collaborate globally to offer
audit, tax, transaction
and advisory services.
► Each service line has a wide,
diverse range of business units
and offerings.
► Our organization is constantly
growing and evolving.
We compete in a market
where insights are the
product: knowledge
is and will be a
key differentiator.
Page 3
Current state of social collaboration at EY
Page 4
Know your organization
Given our environment,
an initial strategy for
responding to risk
concerns was critical.
Risks
► Client confidentiality
► Brand and reputation
► Information security
► Data privacy
Automated
monitoring
Auditing
Access
management
Data
purging Moderation
Terms
of use
Page 5
Be intentional with your social
strategy …
Outcomes
Leader
engagement
Resourcing for
engagements
Awareness
across lines of
business
Personal brand
building
Quick
collaboration
On-boarding Expertise
location
Informal team
communications
Scenarios
Increase
competitiveness
Create high-performing
teams
Page 6
… and define success
IndiaUSAustraliaUKAustralia
Quick collaboration
Awareness across lines of business
Leadership engagement
Expertise location
Resourcing for engagements
Personal brand building
Page 7
We see three key levers of adoption,
engagement and business value
Clarity of purpose
High quality community management
Measurement and iteration
1
2
3
Page 8
Clarity of purpose
One mechanism to achieve clarity is through our
approach to group management.
► Strategic – purpose is directly aligned with the overall strategy
► Visible – heavily promoted and obvious to users
► Vital – mutual responsibility for long-term success
► Expedient – focus on day-to-day needs and may not persist
► Organic – user initiated and managed
Tactical Groups
(bottoms up approach to social)
Verified Groups
(top-down approach to social)
Page 9
High quality community management
We see a direct correlation between group success
and the quality of community management.
0
1
2
3
4
0
2
4
6
8
10
12
14
16
18
20
Q1 Q2 Q3 Q4 Communitymanagementeffectiveness
Aggregategroupeffectiveness
Community management correlation
Top Q Bottom Q CM top CM bottom
Key success factors:
► Authenticity
► Training
► Mentoring
► Accountability
Page 10
Measurement and iteration
Adoption
Engagement
Value
► Monthly adoption tracking with leadership of
key lines of business
► Self-serve reports to break down adoption
and raw activity
4
8
1 2 3 4 5
► Quantitative and qualitative scorecards
► Peer comparisons pegged to a maturity model
► Dashboards for leadership
$X.Xm
Actual revenue
generated
► High-impact examples of social success
► Link engagement with tangible business value
► Reinforce and debunk any negativity
+
=
Meaningful measurement is critical to inform and drive
future activity.
Page 11
Keys to sustained success
2
Be intentional with your strategy and define success
Start with a strategy focused on the outcome – the business value social
will generate.
3
Use the levers to your advantage
Incorporate the three levers to drive successful adoption, engagement,
and business value.
1
Know your organization
Understand the factor in the key aspects of your organization, culture,
people.
Page 12
Social Collaboration: A Path to Business Value
Date published: June 2016
For further information, please contact:
Greg Nemeth, EY Knowledge
+1 216 583 2178
greg.nemeth@ey.com
Produced by Global Markets — EY Knowledge.
EY | Assurance | Tax | Transactions | Advisory
About EY
EY is a global leader in assurance, tax, transaction and advisory
services. The insights and quality services we deliver help build trust
and confidence in the capital markets and in economies the world
over. We develop outstanding leaders who team to deliver on our
promises to all of our stakeholders. In so doing, we play a critical role
in building a better working world for our people, for our clients and
for our communities.
EY refers to the global organization, and may refer to one
or more, of the member firms of Ernst & Young Global Limited, each
of which is a separate legal entity. Ernst & Young
Global Limited, a UK company limited by guarantee, does not
provide services to clients. For more information about our
organization, please visit ey.com.
© 2015 EYGM Limited
All Rights Reserved.
1509-1666225
ED none
This material has been prepared for general informational purposes
only and is not intended to be relied upon as accounting, tax, or other
professional advice. Please refer to your advisors for specific advice.
ey.com/knowledge

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Social Collaboration - A path to business value

  • 1. Social Collaboration: A Path to Business Value June 2016
  • 2. Page 2 Who is EY EY is an organization of member firms operating in 150 countries. ► We collaborate globally to offer audit, tax, transaction and advisory services. ► Each service line has a wide, diverse range of business units and offerings. ► Our organization is constantly growing and evolving. We compete in a market where insights are the product: knowledge is and will be a key differentiator.
  • 3. Page 3 Current state of social collaboration at EY
  • 4. Page 4 Know your organization Given our environment, an initial strategy for responding to risk concerns was critical. Risks ► Client confidentiality ► Brand and reputation ► Information security ► Data privacy Automated monitoring Auditing Access management Data purging Moderation Terms of use
  • 5. Page 5 Be intentional with your social strategy … Outcomes Leader engagement Resourcing for engagements Awareness across lines of business Personal brand building Quick collaboration On-boarding Expertise location Informal team communications Scenarios Increase competitiveness Create high-performing teams
  • 6. Page 6 … and define success IndiaUSAustraliaUKAustralia Quick collaboration Awareness across lines of business Leadership engagement Expertise location Resourcing for engagements Personal brand building
  • 7. Page 7 We see three key levers of adoption, engagement and business value Clarity of purpose High quality community management Measurement and iteration 1 2 3
  • 8. Page 8 Clarity of purpose One mechanism to achieve clarity is through our approach to group management. ► Strategic – purpose is directly aligned with the overall strategy ► Visible – heavily promoted and obvious to users ► Vital – mutual responsibility for long-term success ► Expedient – focus on day-to-day needs and may not persist ► Organic – user initiated and managed Tactical Groups (bottoms up approach to social) Verified Groups (top-down approach to social)
  • 9. Page 9 High quality community management We see a direct correlation between group success and the quality of community management. 0 1 2 3 4 0 2 4 6 8 10 12 14 16 18 20 Q1 Q2 Q3 Q4 Communitymanagementeffectiveness Aggregategroupeffectiveness Community management correlation Top Q Bottom Q CM top CM bottom Key success factors: ► Authenticity ► Training ► Mentoring ► Accountability
  • 10. Page 10 Measurement and iteration Adoption Engagement Value ► Monthly adoption tracking with leadership of key lines of business ► Self-serve reports to break down adoption and raw activity 4 8 1 2 3 4 5 ► Quantitative and qualitative scorecards ► Peer comparisons pegged to a maturity model ► Dashboards for leadership $X.Xm Actual revenue generated ► High-impact examples of social success ► Link engagement with tangible business value ► Reinforce and debunk any negativity + = Meaningful measurement is critical to inform and drive future activity.
  • 11. Page 11 Keys to sustained success 2 Be intentional with your strategy and define success Start with a strategy focused on the outcome – the business value social will generate. 3 Use the levers to your advantage Incorporate the three levers to drive successful adoption, engagement, and business value. 1 Know your organization Understand the factor in the key aspects of your organization, culture, people.
  • 12. Page 12 Social Collaboration: A Path to Business Value Date published: June 2016 For further information, please contact: Greg Nemeth, EY Knowledge +1 216 583 2178 greg.nemeth@ey.com Produced by Global Markets — EY Knowledge.
  • 13. EY | Assurance | Tax | Transactions | Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com. © 2015 EYGM Limited All Rights Reserved. 1509-1666225 ED none This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice. ey.com/knowledge