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Social business update june 2011
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Michael Fauscette
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An update on social business and how businesses are using social tools.
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Social business update june 2011
1.
Michael Fauscette, Group Vice
President, Software Business Solutions ©Copyright 2011 IDC 2011 IDC
2.
From “Knowledge is
Power” To “Sharing Knowledge is Power” © 2011 IDC
3.
2011: Business has
changed! • Hyper-Connected • Global • Hyper-Competitive • Innovate! • Decentralized • Mobile http://www.telegeography.com/product-info/map_internet/images/internet_map09_lg.gif © 2011 IDC
4.
Behavior has Changed •
Customers & employees are congregating online • Turning to trusted sources for advice & help • Shift of influence & relevance • BYO attitudes © 2011 IDC
5.
The Social Business
Organizations that apply emerging technologies like Web 2.0 accompanied by organizational, cultural, and process changes to improve business performance in an increasingly connected global economic environment. © 2011 IDC
6.
What is Social
Business? Customers Partners Employees Suppliers Culture – Process – Organization © 2011 IDC
7.
It’s not about
technology, it’s about changing business culture © 2011 IDC
8.
© 2011 IDC
9.
Q. Have you
implemented an enterprise social software solution like IBM (Lotus Connections), Jive Software, Salesforce.com (Chatter), Lithium Technologies or Novell (Pulse)? N = 700 © 2011 IDC
10.
What is Social
Business? Q. What initiatives do you regularly conduct (at least 1 X per week) using social software for business purposes today? (1=most frequent, 3=frequent, and 5=least frequent) N = 679 Excludes “Other” Mean Responses © 2011 IDC
11.
Empower and enable
people Destroy Silos Transparency and trust Relationships © 2011 IDC
12.
Reasons Why Conducting
Social Initiatives: Learn, Share, and Communicate Q. Why are you conducting social initiatives for business purposes today? © 2011 IDC N = 700
13.
The Benefits of
Enterprise Social Software: Usage, Relationships and Smarts Q. In your opinion, what are the key benefits with using social software? Time savings = 11-30% © 2011 IDC N = 700
14.
Q. How much
time do you save by using social software as a productivity tool? N = 700 © 2011 IDC
15.
Socialytics
Customer Social Data Data Social Data Web Analytics Corporate Data Intersection of highest value information © 2011 IDC
16.
Barriers • Culture • Threatens traditional models
of power & control • Incorrect incentives • Silo's How can you expect to talk to your customer when you can't talk to each other? © 2011 IDC
17.
Social Business Challenges
Q. In your opinion, what are the key challenges/concerns associated with using/implementing social software? N = 700 © 2011 IDC
18.
Social Business Maturity Stage
One: Experimentation Stage Two: Compartmentation Stage Three: Integration Stage Four: Operationalization Stage Five: Optimization © 2011 IDC
19.
Contact
Michael Fauscette mfauscette@idc.com Twitter: @mfauscette Blog: www.mfauscette.com © 2011 IDC © 2011 IDC
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