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What’s	
  The	
  Risk	
  of	
  Not	
  Knowing?	
  

      In The Social Age?




                 November	
  8,	
  2012	
  
                   Barry	
  Libert	
  	
  
The	
  Power	
  of	
  Social!	
  


2.5 billion people use social media and 4.6
billion use mobile devices to communicate,
        collaborate and do commerce



                      Facebook	
  >	
  1	
  Billion,	
  	
  
                   LinkedIn	
  >170	
  Million,	
  	
  
               QQ	
  Messenger	
  >700	
  Million	
  
               More	
  than	
  100,000,000	
  blogs	
  
             Smart	
  Phones	
  >	
  4.6	
  Billion	
  Devices	
  



               Proprietary & Confidential | Social
                         Strategy1, Inc.
The	
  CompeSSon	
  

•  The	
  CompeSSon	
  Was	
  About	
  Using	
  Social	
  Media	
  To	
  Listen,	
  Learn,	
  Act	
  

•  200+	
  entries	
  from	
  around	
  the	
  world	
  in	
  13	
  categories	
  
     	
  
     •      AdverSsing/MarkeSng	
                             •    Voice-­‐of	
  the	
  Future	
  
     •      Banking	
  	
                                     •    Media	
  
     •      Entrepreneurship	
                                •    MunicipaliSes	
  &	
  Governments	
  
     •      Customer	
  Service	
                             •    GlobalizaSon	
  
     •      Non-­‐Profit	
                                     •    People/HR	
  
     •      Social	
  Media-­‐Start-­‐up	
                    •    Corp	
  Governance	
  

•  Sponsors	
  
The	
  ParScipants	
  
Rule	
  1:	
  LISTEN	
  

•  Start	
  with	
  a	
  well-­‐defined	
  strategy	
  

•  Expect	
  the	
  unexpected	
  as	
  stakeholders	
  redefine	
  your	
  business	
  

•  Put	
  employees	
  or	
  customers	
  at	
  the	
  center	
  of	
  your	
  strategy	
  

•  Gain	
  holisSc	
  buy-­‐in	
  across	
  the	
  organizaSon	
  and	
  with	
  leaders	
  

•  Have	
  clear	
  metrics	
  and	
  measures	
  for	
  success	
  




                                              Proprietary & Confidential | Social
                                                        Strategy1, Inc.
RESULT:	
  	
  4	
  Steps	
  to	
  Success	
  




                                                Value
•  Ad	
  hoc:	
  	
  Reduce	
  risk	
  

•  Planned:	
  	
  Increased	
  capacity	
  

•  Organized:	
  	
  Expanded	
  success	
  

•  Integrated	
  OpSmized	
  potenSal	
                                 Skills
Rule	
  2:	
  SEE	
  

•  One	
  of	
  our	
  winners	
  developed	
  a	
  new	
  methodology	
  for	
  research	
  

•  One	
  created	
  a	
  way	
  to	
  save	
  lives	
  

•  One	
  restructured	
  the	
  organizaSon	
  to	
  achieve	
  consStuents	
  needs	
  

•  One	
  placed	
  the	
  CEO	
  of	
  a	
  highly	
  regulated	
  industry	
  on	
  the	
  hot	
  seat	
  

•  One	
  overcame	
  significant	
  organizaSonal	
  resistance	
  to	
  change	
  
	
  



                                          Proprietary & Confidential | Social
                                                    Strategy1, Inc.
RESULT:	
  	
  Learn!	
  




+                                         =



    Proprietary & Confidential | Social
              Strategy1, Inc.
Rule	
  3:	
  	
  Let	
  Others	
  Speak	
  

….This	
  last	
  point	
  may	
  be	
  the	
  most	
  important	
  
	
  
•  Most	
  organizaSons	
  had	
  to	
  integrate	
  new	
  capabiliSes	
  	
  

     –  Deal	
  with	
  the	
  social	
  age	
  reality	
  -­‐-­‐	
  billions	
  are	
  online	
  
     –  Understand	
  the	
  new	
  sources	
  of	
  value	
  using	
  Social	
  Intelligence	
  
     –  Capture	
  the	
  value	
  from	
  the	
  Big	
  Data	
  created	
  by	
  billions	
  
	
  
•  All	
  Leaders	
  and	
  boards	
  need	
  to	
  embrace	
  social	
  Age	
  realiSes	
  




                                              Proprietary & Confidential | Social
                                                        Strategy1, Inc.
RESULT:	
  	
  Success	
  
Example:	
  	
  Social	
  Success!	
  




http://www.youtube.com/watch?v=D3qltEtl7H8&list=PL97F1F62489140390&index=6&feature=plpp_video
How	
  to	
  get	
  started	
  

•  Train	
  in	
  social	
  age	
  realiSes	
  

•  Think	
  simple	
  and	
  holisScally,	
  BUT	
  start	
  small	
  

•  Prac+ce	
  your	
  social	
  skills	
  every	
  day	
  

•  Tune	
  your	
  social	
  Intelligence	
  
	
  
Use	
  Technology	
  


LISTEN                            REPORT




MONITOR                           ANALYZE




CONNECT                           ADAPT
Count	
  the	
  Ways	
  
What’s	
  the	
  Risk	
  of	
  Not	
  Knowing?	
  

                 A Lot!




                  November	
  8,	
  2012	
  
                    Barry	
  Libert	
  	
  

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Social Media Leadership Awards Presentation At Wharton

  • 1. What’s  The  Risk  of  Not  Knowing?   In The Social Age? November  8,  2012   Barry  Libert    
  • 2. The  Power  of  Social!   2.5 billion people use social media and 4.6 billion use mobile devices to communicate, collaborate and do commerce Facebook  >  1  Billion,     LinkedIn  >170  Million,     QQ  Messenger  >700  Million   More  than  100,000,000  blogs   Smart  Phones  >  4.6  Billion  Devices   Proprietary & Confidential | Social Strategy1, Inc.
  • 3. The  CompeSSon   •  The  CompeSSon  Was  About  Using  Social  Media  To  Listen,  Learn,  Act   •  200+  entries  from  around  the  world  in  13  categories     •  AdverSsing/MarkeSng   •  Voice-­‐of  the  Future   •  Banking     •  Media   •  Entrepreneurship   •  MunicipaliSes  &  Governments   •  Customer  Service   •  GlobalizaSon   •  Non-­‐Profit   •  People/HR   •  Social  Media-­‐Start-­‐up   •  Corp  Governance   •  Sponsors  
  • 5. Rule  1:  LISTEN   •  Start  with  a  well-­‐defined  strategy   •  Expect  the  unexpected  as  stakeholders  redefine  your  business   •  Put  employees  or  customers  at  the  center  of  your  strategy   •  Gain  holisSc  buy-­‐in  across  the  organizaSon  and  with  leaders   •  Have  clear  metrics  and  measures  for  success   Proprietary & Confidential | Social Strategy1, Inc.
  • 6. RESULT:    4  Steps  to  Success   Value •  Ad  hoc:    Reduce  risk   •  Planned:    Increased  capacity   •  Organized:    Expanded  success   •  Integrated  OpSmized  potenSal   Skills
  • 7. Rule  2:  SEE   •  One  of  our  winners  developed  a  new  methodology  for  research   •  One  created  a  way  to  save  lives   •  One  restructured  the  organizaSon  to  achieve  consStuents  needs   •  One  placed  the  CEO  of  a  highly  regulated  industry  on  the  hot  seat   •  One  overcame  significant  organizaSonal  resistance  to  change     Proprietary & Confidential | Social Strategy1, Inc.
  • 8. RESULT:    Learn!   + = Proprietary & Confidential | Social Strategy1, Inc.
  • 9. Rule  3:    Let  Others  Speak   ….This  last  point  may  be  the  most  important     •  Most  organizaSons  had  to  integrate  new  capabiliSes     –  Deal  with  the  social  age  reality  -­‐-­‐  billions  are  online   –  Understand  the  new  sources  of  value  using  Social  Intelligence   –  Capture  the  value  from  the  Big  Data  created  by  billions     •  All  Leaders  and  boards  need  to  embrace  social  Age  realiSes   Proprietary & Confidential | Social Strategy1, Inc.
  • 11. Example:    Social  Success!   http://www.youtube.com/watch?v=D3qltEtl7H8&list=PL97F1F62489140390&index=6&feature=plpp_video
  • 12. How  to  get  started   •  Train  in  social  age  realiSes   •  Think  simple  and  holisScally,  BUT  start  small   •  Prac+ce  your  social  skills  every  day   •  Tune  your  social  Intelligence    
  • 13. Use  Technology   LISTEN REPORT MONITOR ANALYZE CONNECT ADAPT
  • 15. What’s  the  Risk  of  Not  Knowing?   A Lot! November  8,  2012   Barry  Libert