Consumers are online and companies are following - but are CEOs? This presentation covers the business case for high profile management to engage in social media, then has a few case studies. Finally are "baby steps" anyone can take to get online. Feel free to ping questions!
5. Making It Work.
1. Business Case
Why CEOs need to engage
in social media
Insert image in this 2. Case Studies
Examples of who’s
space doing it right
3. Tips
Getting your
executives online
5
6. in one
generation
Insert image in this
the nature
space of trust
has
changed
irrevocably 6
7. trust to
o
o
Armed forces
NGOs
+43%
+27%
operate in
o
o
Education system
Health system
+26%
+17%
society’s
o Trade unions/labor +2%
o Legal system -2% best
o Global companies -9%
o Large national companies -10% interest
Accenture The Business of Trust
World Economic Forum – “Voice of the People Forum”
18. people trust brands that build a personal relationship
Mobile
Marketing Social
Personalized
Networks
Search
Blogs Online
Communities
Direct
Mail Rewards
Online Display Programs
Advertising
Targeted
Online Brand
Content
Print Opt-in
E-mail
Personalization
Radio
Mass
TV
Awareness Consideration Trial Loyalty Advocacy
Relationships
Digital Traditional 18
18
19. Making It Work.
1. Business Case
Why CEOs need to engage
in social media
Insert image in this 2. Case Studies
Examples of who’s
space doing it right
3. Tips
Getting your
executives online
19
21. News
Corporation
RUPERT MURDOCH.
- Started tweeting January 2012
- 237,000 followers, and soon to be the most-
followed CEO. Meg Whitman, CEO of HP holds
that spot currently
- Murdoch is the most active tweeter amongst
Fortune 500 CEOs with an average of 2 tweets
per day
- He's perhaps the most controversial as well -
getting himself in hot water many times due to
his opinions on gun control, euro crisis and
public education in the US
- That said – he got Edward Barr in Lexington,
Kentucky his newspaper on time
23. Scott Monty
Ford Motor Company
Ford is now responding to an average of
2,000 people weekly via social media and
the interactions have continued to rise
from a year ago.
“We are looking to engage with someone
within hours of posting,” said Scott Monty,
global manager of digital and multi-media
communications at Ford.
http://social.ford.com
25. Josh James
CEO, DOMO
‘But if (CEOs) persist in
lagging far behind the
general population in
social media
participation and not
delivering value to the
shareholders that is
there for the taking, they
may not be CEOs for
much longer.’
26. #epicfail:
Qantas
Qantas is active on social
media, but have had a few
gaffes in the past few years
CEO Alan Joyce
isn’t on Twitter but
there are fake a few
accounts
28. United Airlines shares declined 10%
erasing $180 million of value.
insurance policy
Bad
customer
service
became image in this space
Insert
a song.
28
29. Making It Work.
1. Business Case
Why CEOs need to engage
in social media
Insert image in this 2. Case Studies
Examples of who’s
space doing it right
3. Tips
Getting your
executives online
29
32. • Set up a pseudonym
account tracking CEOs
• Make friends
• Don’t fake posts
• Write now, post later
• Manage it: Recommend
content, links
• When comfortable,
publicise it
• Track it
• Respond
• Don’t auto reply
starting.
33. inform
build a culture
educate
honesty only policy repeat
identify yourself
social media guidelines
training
constant communication
clarity about home, work
don’t start unless
committed
At heart we are the same people as our ancestors – even if our tribes have changed.Soccer Moms...Metro-sexuals...Christian fundamentalists...Forever 40s...Disciples of Beckham...
Telephone, printing press, recorded media – even airwave transmission of messages. It was always one to one or one to many.Today I have 5,000 readers of my blog. We’re in a brand new field – many to many.
Reuters listed Klout’s top 50 CEOs, and Michael Dell ranks 12th. http://www.reuters.com/reuters-klout-50 What he does well: his tweets are a mix of business and personal. He tweets links to media releases, new products, updates from company, CSR, and also THANKS people for their tweets, and engages them.Having been the founder of the company he runs, it’s somewhat easier for him to have a voice on social media. It’s his brand, therefore his name is intricately linked to the company brand.
FORD Motor company has an extensive social media presence and is very active online.The CEO, Alan Mulally doesn’t have his own twitter handle. But, the social media director, Scott Monty, runs the @Ford twitter page and runs Q&A sessions with the CEO through Twitter – users tweet questions, Alan will answer them via @Ford Twitter page.The @Ford twitter feed features product news, competitions, charity/CSR projects, RTs from events and sub-brand accounts (such as @FordFiesta).Ford also has a dedicated ‘social’ page – social.ford.com – a collaborative website where articles written by Ford are posted, and Ford fans and customers can submit their ideas and stories about Ford vehicles.In this instance, the CEO not having his own page does not detract from him having a presence on social media, thanks to Scott’s work.
Used to hold #1 Klout score for CEOS… Oprah Winfrey holds that spot now.
DOMO is a B2B sales, marketing, intelligence, solutions company based out of Utah. The CEO, Josh James has a great mix of personal interest (NOTE: not too opinion-focused) and business content. He shares peers and competitors’ work and engages in conversationsHis tweets are personable and conversational.The company has its own live case study looking at how they are doing on social media… #domosocial.. Making it fun and interactive for its employees and customers. http://www.domo.com/social/The website links to its social media badges… with blog posts from various employees, a twitter feed embedded on the left.
Australia's national carrier Qantas has had a few "fails" and social media gaffes in the past 3 years. CEO Alan Joyce is NOT on Twitter, but there's a fake account or two out there. https://twitter.com/AlanJoyceCEO is one example. Qantas airlines (https://twitter.com/QantasAirways) is very active on social media... and when the company get things wrong, the backlash is huge on social media. If Alan Joyce was able to tweet personally and respond to people on Twitter, it could give him and Qantas a little more credibility.
In Nov 2011 the airline announced a competition via Twitter to win one of 50 pairs of Qantas first-class pyjamas and luxury amenity kits. Qantas asked users to use the hashtag #QantasLuxury to describe what their "dream luxury inflight experience" would be. But, the campaign was immediately flooded with comments making light of ongoing industrial relations dispute with its workers. The hashtag #QantasLuxury was the top trending topic in Australia on the day. The bitter industrial dispute also attracted a lot of attention on social media with YouTube videos and Tweets being sent from various protest sites. Earlier in the year Qantas was forced to apologise last month for spamming its Twitter followers with weight loss advertisements after its account was hacked. While Qantas did have several staff dedicated to social media to respond to people's tweets, there was never any word from the CEO himself, except via press releases or videos of news conferences. His tweets may not have stopped complaints altogether, but perhaps they could have softened the backlash.
On March 31, 2008 Dave Carroll, a country musician, and his band were on a United Airlines flight to Omaha, Nebraska. A passenger sitting a few rows behind them noticed the baggage handlers throwing around luggage as the plane was loaded. “They’re throwing around guitars out there,” the passenger said; which immediately gained the attention of Carroll and his band. As the group looked outside on the tarmac, they saw their expensive guitars and musical equipment being thrown around by United Airlines baggage handlers. They immediately sought out a flight attendant to ask why exactly their luggage was being mishandled. The flight attendant assured the troubled musicians, and informed them that they had signed a waiver in regards to their belongings. However, none of them recalled signing anything. Once they arrived in Omaha, Carroll noticed that his $3,500 Taylor guitar had been damaged. Fortunately, Carroll was able to have his guitar repaired at a cost of $1,200, but the musician claims that the guitar has never sounded the same since it was damaged. After spending a full year attempting to go through the proper channels to receive some type of compensation for his damaged guitar, Carroll was fed up. He decided to reach out to one of the largest social media outlets, YouTube, to share his story with the rest of the world. Carroll didn’t simply create a YouTube video in which he stated his complaints against United Airlines in hopes to get a few hundred views. Instead, he utilized his artistic abilities and made a song titled, “United Breaks Guitars”. The video quickly gained the attention of the public, making it viral in just a few short days. Nevertheless, Carroll didn’t just make one video and stop there, but chose to make a total of three music videos explaining his situation. This allowed the musician to identify with others who have had baggage problems with United Airlines in the past. By doing this not only did he tell his story, but was able to draw attention to all of the other individuals that had difficulties with receiving compensation for their damaged or lost luggage.Read More: http://justinecung.blogspot.sg/2012/01/united-breaks-guitars-pr-case-study.html
To all evaluating social media – I have bad news. This is not the story. It is too static – and includes too many borders.
You need to help clients create an environment to convene and support groups.The choice is NOT – “do we participate.” This is the environment today. Participate or not you are in the conversation. Now the question is – HOW do you participate?
Finally, we need to rethink our view of socialSocial is not off to the side. Should be core, ongoing effort. Should be part of every program. Media, Search, and SocialIt’s not a question of will it work for us.Because it works for the consumer.