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Points of View is our blog dedicated to exploring the critical corporate communications issues of the day through insights and videos of Fortune 500 business and communications execs, industry insiders and our team.

Paul Walker

Is Your Internal Social Media Working?


May 13th, 2013

Recently I’ve had the opportunity to talk to a number of Fortune 500 executives about their use of enterprise social media platforms like Yammer, Salesforce Chatter, SocialCast and others.

Social Media “Fatigue”

The majority of them said employee use of the platforms grew at a super rapid pace in the beginning, but after a while, both membership and participation declined.  One CCO called it “social media fatigue.”  The question is: what are the differences between a company that has a growing or stable, active membership, and a company that has a declining membership?

Social Logos3_1

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Paul Walker

The Boston Marathon Bombing and Crowdsourcing


April 25th, 2013

When I first heard the stories about  “crowdsourcing” surrounding the manhunt for the Boston Marathon bombing suspects, I thought it was a great idea.

At the same time, I was reminded of what happens when corporations use open-ended crowdsourcing to solicit new ideas to improve products or services. Almost inevitably, they are inundated with a mountain of ideas, most fairly low quality. Then the business has to set aside time and valuable resources to sort through the piles of rubble to find the one or two gems hidden within.  Frankly, it can be a distraction and usually does not end well.  I hoped this would not be the case in Boston.
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Paul Walker

Live With Your Customers Online


April 12th, 2013

People continue to buzz and ask about The Pew Center social media usage research released a few days ago. One stat in particular had some companies concerned. For the first time ever, social media activity across all platforms dropped among the 18 to 29 year-old demographic, from 92 percent of users in 2011 down to 83 percent in 2012.

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Paul Walker

The Social Engagement Opportunity: Reengineer, Don’t Just “Tweak” Processes


July 30th, 2012

“The Economics of the Socially Engaged Enterprise,” a study we recently conducted in collaboration with the Economist, shows that the path to becoming a high performing socially engaged company must include a calculated, audacious strategy to train employees to use social as an opportunity to rethink business processes. (more…)

Paul Walker

Socially Engaged Companies See 4X Greater Business Impact


March 28th, 2012

The past few years the c-suite has been willing to take a leap of faith on the benefits of social engagement.  The declining impact of traditional media, explosive growth of social media and anecdotal evidence of social successes motivated them to do so. (more…)

Paul Walker

Must See Sessions for a Socially Engaged SXSWi


March 9th, 2012

SXSW Interactive is finally here! We’ve identified just some of the best workshops, panel discussions and solo presentations going on this weekend to help you on your journey to becoming a Socially Engaged Enterprise. Have fun! (more…)

Paul Walker

SXSW Sneak Peak: “The Economics of The Socially Engaged Enterprise”


March 9th, 2012

For the last couple of years we’ve been discussing the emergence of “The Socially Engaged Enterprise” and in 2012 we decided to double-down on R&D of the concept.

The Socially Engaged Enterprise is a new kind of enterprise that actively engages customers in meaningful conversations – enabled by social technologies – so both parties benefit. This mutual exchange of value is not just about products, but valuable information that builds commonality of interests and a sense of trust. Socially engaged enterprises have a significant advantage in improving marketing and sales effectiveness, sales and market share, and brand value. (more…)

Paul Walker

Brands Can Experiment On Google Plus, But Don’t Go Overboard


July 25th, 2011

Google+ is addictive, engaging and at 20 million users (in less than a month) and growing. It’s the “real deal.”

Last week Google let a handful of brands use Google Plus on a test basis and reportedly kicked a few off.

ford

Ford Motor Company has a test brand profile.

Then a Google Plus product manager Christian Oestlien posted a video message saying they are accelerating their roadmap to bring business profiles sooner than anticipated. He encouraged companies to find “a real person who is willing to represent your organization as him or herself on Google Plus using our consumer profiles as was originally intended.”

That’s a slightly convoluted way to say:  It’s okay for businesses to get moving on Google Plus as long they have the authority to represent the company. At least that’s my interpretation.

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Paul Walker

“Listening” Is An Area Ripe For Innovation


May 31st, 2011

We recently took on a unique assignment: 24/7, global monitoring and reporting for 10 days around a mega announcement in the mobile industry.

We had developed the social media game plan for the announcement, and the CEO and our client believed effective listening was critical to success. Of course, they were right. Since the assignment was coming from the corner office, we didn’t hesitate to say “yes.”

We set up a Listening Command Center in Austin for the global announcement to deliver two reports daily and alerts, as appropriate. We submitted our first report to the CEO and his team and the response was immediate and positive and contained a new request: “We need this every three hours for the next ten days.” After our team leader picked herself off the floor, we reorganized ourselves and delivered a flash report every three hours. The CEO used our insights masterfully, adapting his messages and presentations in near real-time based on the hot topics, questions and sentiment of the online conversation.

Computer class

The project gave us a good taste of the future: 24/7, real-time listening to inform dynamic strategies. A few leading companies like Dell and Pepsi set-up command centers to manage listening for customer service and early warning on emerging online issues, but few companies are using real-time insights to rapidly adjust marketing and communications strategies.

Our process was solid. We had four top-notch analysts working around the clock – so our people were solid. Our technology? Not so much. Radian 6 worked well. We had to complement the tool with Google Reader to get the job done. The project proved once again to us that today effective listening is about having the right people and process in place. Current monitoring tools are secondary and often have to be second-guessed or double-checked for accuracy.

In the next 12 months technology is positioned to do more of the heavy lifting. There are some products in academic labs and start-ups utilizing approaches like Latent Semantic Analysis (LSA), an advanced form of statistical language modeling, to data mine large amounts of data for “diamonds.” Future tools also will be intelligent and learn about the problems they are being used to solve.

In short, we want to push a button and have technology tell us in near real-time and more accurately what people are talking about online surrounding an announcement or new product or disease or issue. We want a clearer indication of what’s new or different about the conversation.

Then smart analysts can spend their time drilling down on new insights that might make a difference to marketing, communications, product development and other areas of enterprise.

Paul Walker

Five Great Digital Innovation Cases You Should Consider


September 23rd, 2010

A few signs have suggested an end to the recession may be on the horizon. As our clients’ businesses pick up they are investing in revitalizing products and services.  They are kick-starting their innovation initiatives.  Many of them are exploring crowdsourcing and co-creation options, and we have a lot of experience in this area.  In the next couple weeks I am going to post 2-3 videos on digital innovation. The first one (posted here) looks at five cases I really like: Foldit, Dell’s IdeaStorm (we worked on this one), Cisco’s iPrize, P&G Innovation and AT&T’s internal innovation initiative. Let me know what you think.


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