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Leveraging the Power of   to Improve Retail
Employee Social Networks    Performance
What
is
Enterprise
2.0?
                                                                                  Web
2.0
technologies
‐
including
social

                                                                                  networks,
blogs,
wikis,
discussion
forums

                                                                                  and
micro‐blogging
‐
applied
inside
the

                         Poten0al
Ties                                            enterprise
to
improve
communicaTon
and

                                                                                  collaboraTon
among:
                            Weak
Ties                                                   Strong
Ties
                                                                                        • Employees
in
the
same
department,

                                                                                           store
or
district
who
collaborate
on
a

                           Strong
Ties                                                     common
business
process

                                                                                        Weak
Ties
                                                                                        • Extended
Network
                                                                                        • A
source
of
significant
value,
fresh

                                                                                          ideas,
non‐redundant
informaTon

                                                                                        Poten0al
Ties
                                                                                        • RelaTonships
that
do
not
exist
but
have

                                                                                          potenTal
to
provide
significant
benefits

Sources:
Mark
Granove6er
‐
"The
Strength
of
Weak
Ties",
American
Journal
of
Sociology
78
(6):
1360‐1380,
May
1973
Andrew
McAfee,
Harvard
Business
School,
How
to
Hit
the
Enterprise
2.0
Bullseye
‐
h6p://andrewmcafee.org
Power
of
Employee
Social
Networks

                          OPPORTUNITY
                          help
your
smart
people

                          in
locaTons
across
the

                          globe
connect,
share

                          and
discover
relevant

                          knowledge,
faster
and

                          more
efficiently
than

                          your
compeTTon

                          OUTCOME
                          improve
employee
and

                          retail
performance,
and

                          gain
a
compeTTve

                          advantage
Why
Should
Retailers
Care?
      Retail
Challenge                        Impact
                              •   Same
problems
are
solved
many
Tmes
Large
number
of
employees

                              •   Same
mistakes
are
made
performing
the
same
job
in

                              •   Inconsistent
performance
different
locaTons             •   Inconsistent
customer
experience
Why
Should
Retailers
Care?
      Retail
Challenge                          Impact
                               •   Same
problems
are
solved
many
Tmes
Large
number
of
employees

                               •   Same
mistakes
are
made
performing
the
same
job
in

                               •   Inconsistent
performance
different
locaTons              •   Inconsistent
customer
experience

Many
layers
in
organizaTon
    • Valuable
insights
and
ideas
at
store
level
are

between
corporate
and
store‐     not
shared
with
corporate
decision
makers
level
employees
Why
Should
Retailers
Care?
      Retail
Challenge                          Impact
                               •   Same
problems
are
solved
many
Tmes
Large
number
of
employees

                               •   Same
mistakes
are
made
performing
the
same
job
in

                               •   Inconsistent
performance
different
locaTons              •   Inconsistent
customer
experience

Many
layers
in
organizaTon
    • Valuable
insights
and
ideas
at
the
store
level

between
corporate
and
store‐     are
not
shared
with
corporate
decision

level
employees                  makers


CommunicaTon
tools
to
         • Knowledge
and
informaTon
remains
in

connect
employees
do
not
        employees’
heads,
and
rarely
travels

exist
or
are
inadequate          outside
of
the
store
or
district

Why
Should
Retailers
Care?
      Retail
Challenge                          Impact
                               •   Same
problems
are
solved
many
Tmes
Large
number
of
employees

                               •   Same
mistakes
are
made
performing
the
same
job
in

                               •   Inconsistent
performance
different
locaTons              •   Inconsistent
customer
experience

Many
layers
in
organizaTon
    • Valuable
insights
and
ideas
at
the
store
level

between
corporate
and
store‐     are
not
shared
with
corporate
decision

level
employees                  makers


CommunicaTon
tools
to
         • Knowledge
and
informaTon
remains
in

connect
employees
do
not
        employees’
heads,
and
rarely
travels

exist
or
are
inadequate          outside
of
the
store
or
district


                               • High
cost
of
training
High
employee
turnover
                               • Lost
knowledge
and
experTse
                               • Difficult
to
establish
consistent
culture
Benefits
of
Employee
Social
Networks

                          CONNECT

                          company
workforce

                          who
otherwise
would

                          not
communicate

                           • expand
network
and

                             resource
of
average

                             employee
                           • enable
easier

                             discussion
and

                             problem‐solving

                           • be6er
serve

                             customer
and
sell

                             more
stuff
Benefits
of
Employee
Social
Networks

                          SHARE

                          make
valuable

                          knowledge
and

                          informaTon
readily

                          available

                          • allow
quicker
transfer

                            of
informaTon
                          • capture
criTcal

                            insights
long‐term
                          • make
be6er
business

                            decisions
faster
Benefits
of
Employee
Social
Networks

                          DISCOVER

                          new
informaTon
and

                          ideas
that
can
help

                          employees
perform

                          be6er

                          • greatly
increase
the

                            resources
and

                            knowledge
available

                            to
each
employee
                          • help
employees
take

                            iniTaTve
and
be

                            more
proacTve

                          • make
your
company

                            even
smarter
Employee
Social
Networking
Features

collabora0on   social
newsfeed         status
updates
ra0ngs   repor0ng       interest
and
expert
matching
visualiza0on
tools RSS      profiles     commen0ng
search    APIs real‐0me
conversa0on groups
file
sharing tagging wikis blogs calendar

subscrip0ons    live
chat    polling     discussions
targeted
messaging   top
contributors
and
content
                                            11
Value
for
Retail
OrganizaTons

Store
Opera0ons                                                    Customer
Experience
Increase
Store
Profitability
by
improving
            Increase
sales
conversion
by
understanding

producTvity
and
product
flow.                                    and
addressing
customer
needs.
• Share
Best
PracTces                                                 • Capture
&
share

• Find
answers
to
                                                      customer
insights
                                 Store               Customer
  quesTons
‐
FAST             Opera0ons             Experience        • Provide
informaTon

• IdenTfy
&
engage
top
                                                 store‐level
employees

  performers                             Employee
                      need
to
help
customer
                                       Social
Network                 • Streamline
operaTons,

• Get
field
management

  on
the
same
page
and
                                                 allowing
associates
to

                                                      Product
  working
together
as
a
     Merchandising
                             focus
on
the
customer
                                                  Development

  team                        &
Planning                              • Create
a
common

                                                    &
Sourcing
                                                                        culture
built
around
the

                                                                        customer
Value
for
Retail
OrganizaTons



Merchandising
&
                                                 Product

Planning                        Store               Customer     Development
Have
the
right
product
in
    OperaTons            Experience    Deliver
products
with

the
right
place
at
the
                                          improved
innovaTon,

right
Tme.                               Employee
               speed,
quality
and
value.
                                       Social
Network
• Understand
local
                                              • Spark
innovaTon
by

  markets                                           Product         tapping
new
idea

• Collaborate
to
ensure
     Merchandising
                         sources
                                                  Development

  successful
program
         &
Planning                         • Gain
rapid
feedback
on

                                                   &
Sourcing
  execuTon                                                         new
product
concepts
                                                                 • Improve
Supplier

                                                                   Management
through

                                                                   be6er
informaTon
About
Leverage
Sonware
                   • Founded
in
2003
                   • Headquarters
in
San

                     Francisco,
CA
                   • Well‐funded
and
profitable
                   • 400
clients
‐
100%

                     referenceable

                   • 100
new
clients
per
year

                     Learn
more:
                     www.leveragesonware.com
                     www.twi6er.com/leverage
Our
Clients
Trusted
by
400
of
the
smartest
organiza0ons
in
the
world,
including:
We
like
when
people
share
and
remix
our
work.
  Feel
free
to
cite
us
(but
you
don’t
have
to).
For
an
easy‐to‐edit
PPT
or
Keynote
version,
email
Amber
at
amber@leveragesonware.com.

                                    She’ll
hook
you
up.                    16

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Employee Social Networks For Retail

  • 1. Leveraging the Power of to Improve Retail Employee Social Networks Performance
  • 2. What
is
Enterprise
2.0? Web
2.0
technologies
‐
including
social
 networks,
blogs,
wikis,
discussion
forums
 and
micro‐blogging
‐
applied
inside
the
 Poten0al
Ties enterprise
to
improve
communicaTon
and
 collaboraTon
among: Weak
Ties Strong
Ties • Employees
in
the
same
department,
 store
or
district
who
collaborate
on
a
 Strong
Ties common
business
process Weak
Ties • Extended
Network • A
source
of
significant
value,
fresh
 ideas,
non‐redundant
informaTon Poten0al
Ties • RelaTonships
that
do
not
exist
but
have
 potenTal
to
provide
significant
benefits Sources: Mark
Granove6er
‐
"The
Strength
of
Weak
Ties",
American
Journal
of
Sociology
78
(6):
1360‐1380,
May
1973 Andrew
McAfee,
Harvard
Business
School,
How
to
Hit
the
Enterprise
2.0
Bullseye
‐
h6p://andrewmcafee.org
  • 3. Power
of
Employee
Social
Networks OPPORTUNITY help
your
smart
people
 in
locaTons
across
the
 globe
connect,
share
 and
discover
relevant
 knowledge,
faster
and
 more
efficiently
than
 your
compeTTon OUTCOME improve
employee
and
 retail
performance,
and
 gain
a
compeTTve
 advantage
  • 4. Why
Should
Retailers
Care? Retail
Challenge Impact • Same
problems
are
solved
many
Tmes Large
number
of
employees
 • Same
mistakes
are
made performing
the
same
job
in
 • Inconsistent
performance different
locaTons • Inconsistent
customer
experience
  • 5. Why
Should
Retailers
Care? Retail
Challenge Impact • Same
problems
are
solved
many
Tmes Large
number
of
employees
 • Same
mistakes
are
made performing
the
same
job
in
 • Inconsistent
performance different
locaTons • Inconsistent
customer
experience Many
layers
in
organizaTon
 • Valuable
insights
and
ideas
at
store
level
are
 between
corporate
and
store‐ not
shared
with
corporate
decision
makers level
employees
  • 6. Why
Should
Retailers
Care? Retail
Challenge Impact • Same
problems
are
solved
many
Tmes Large
number
of
employees
 • Same
mistakes
are
made performing
the
same
job
in
 • Inconsistent
performance different
locaTons • Inconsistent
customer
experience Many
layers
in
organizaTon
 • Valuable
insights
and
ideas
at
the
store
level
 between
corporate
and
store‐ are
not
shared
with
corporate
decision
 level
employees makers CommunicaTon
tools
to
 • Knowledge
and
informaTon
remains
in
 connect
employees
do
not
 employees’
heads,
and
rarely
travels
 exist
or
are
inadequate outside
of
the
store
or
district

  • 7. Why
Should
Retailers
Care? Retail
Challenge Impact • Same
problems
are
solved
many
Tmes Large
number
of
employees
 • Same
mistakes
are
made performing
the
same
job
in
 • Inconsistent
performance different
locaTons • Inconsistent
customer
experience Many
layers
in
organizaTon
 • Valuable
insights
and
ideas
at
the
store
level
 between
corporate
and
store‐ are
not
shared
with
corporate
decision
 level
employees makers CommunicaTon
tools
to
 • Knowledge
and
informaTon
remains
in
 connect
employees
do
not
 employees’
heads,
and
rarely
travels
 exist
or
are
inadequate outside
of
the
store
or
district
 • High
cost
of
training High
employee
turnover • Lost
knowledge
and
experTse • Difficult
to
establish
consistent
culture
  • 8. Benefits
of
Employee
Social
Networks CONNECT
 company
workforce
 who
otherwise
would
 not
communicate • expand
network
and
 resource
of
average
 employee • enable
easier
 discussion
and
 problem‐solving
 • be6er
serve
 customer
and
sell
 more
stuff
  • 9. Benefits
of
Employee
Social
Networks SHARE
 make
valuable
 knowledge
and
 informaTon
readily
 available • allow
quicker
transfer
 of
informaTon • capture
criTcal
 insights
long‐term • make
be6er
business
 decisions
faster
  • 10. Benefits
of
Employee
Social
Networks DISCOVER
 new
informaTon
and
 ideas
that
can
help
 employees
perform
 be6er • greatly
increase
the
 resources
and
 knowledge
available
 to
each
employee • help
employees
take
 iniTaTve
and
be
 more
proacTve
 • make
your
company
 even
smarter
  • 11. Employee
Social
Networking
Features collabora0on social
newsfeed status
updates ra0ngs repor0ng interest
and
expert
matching visualiza0on
tools RSS profiles commen0ng search APIs real‐0me
conversa0on groups file
sharing tagging wikis blogs calendar subscrip0ons live
chat polling discussions targeted
messaging top
contributors
and
content 11
  • 12. Value
for
Retail
OrganizaTons Store
Opera0ons Customer
Experience Increase
Store
Profitability
by
improving
 Increase
sales
conversion
by
understanding
 producTvity
and
product
flow. and
addressing
customer
needs. • Share
Best
PracTces • Capture
&
share
 • Find
answers
to
 customer
insights Store Customer quesTons
‐
FAST Opera0ons Experience • Provide
informaTon
 • IdenTfy
&
engage
top
 store‐level
employees
 performers Employee
 need
to
help
customer Social
Network • Streamline
operaTons,
 • Get
field
management
 on
the
same
page
and
 allowing
associates
to
 Product working
together
as
a
 Merchandising
 focus
on
the
customer Development
 team &
Planning • Create
a
common
 &
Sourcing culture
built
around
the
 customer
  • 13. Value
for
Retail
OrganizaTons Merchandising
&
 Product
 Planning Store Customer Development Have
the
right
product
in
 OperaTons Experience Deliver
products
with
 the
right
place
at
the
 improved
innovaTon,
 right
Tme. Employee
 speed,
quality
and
value. Social
Network • Understand
local
 • Spark
innovaTon
by
 markets Product tapping
new
idea
 • Collaborate
to
ensure
 Merchandising
 sources Development
 successful
program
 &
Planning • Gain
rapid
feedback
on
 &
Sourcing execuTon new
product
concepts • Improve
Supplier
 Management
through
 be6er
informaTon
  • 14. About
Leverage
Sonware • Founded
in
2003 • Headquarters
in
San
 Francisco,
CA • Well‐funded
and
profitable • 400
clients
‐
100%
 referenceable
 • 100
new
clients
per
year Learn
more: www.leveragesonware.com www.twi6er.com/leverage