If you want innovation at your company, you can’t just rely on the information and ideas circulating in the brains of your current employees. There are more smart people outside your company than inside it. So encourage your employees to be active on social media and leverage their collective professional networks in order to access the brains of smart people everywhere. We call this process “network intelligence,” and it’s a key part of a company’s alliance with its people. Learn the secrets of network intelligence in this presentation.
8. I asked all the members of my team to
talk with friends, business partners,
and even BillPoint employees to get
as much market intelligence as they
could.
10. 1. BillPoint thought its
relationship with Wells
Fargo mattered most to
customers.
11. 2. …and eBay users (the
customers) didn't care about
BillPoint’s bank relationships.
They just wanted
an easy to use product.
12. Armed with that knowledge,
we focused on ease of use,
among other things.
We beat BillPoint. eBay ended
up buying us for $1.5 billion.
13. What’s your current challenge?
Here’s what most people do when
problem solving.
!
They schedule a meeting with all the
smart people at their company who
might have ideas.
15. The most valuable professional
information is often in
other people’s heads.
16. People — not Google, not books, not
blog posts — have the information you
need to solve tough problems.
17. People can offer advice that’s time-
sensitive.
!
People often know things that
are not yet public on Google.
People can tailor advice exactly to your
situation.
18. Great information and insight
from the people you know can
be a significant competitive
advantage.
!
We call it…
20. When it comes to knowledge
in a highly networked era…
who you know
is often more valuable than
what you’ve read.
21. Now, when you are facing a
truly hard problem, you
should also look outward.
22. There are more
smart people in
the world who do
not work at your
company than the
total # of smart
people who work
at your company.
!
So look beyond
your office.
23. Your team is bigger than you think.
If you’re a manager…
Your team becomes a whole lot bigger.
If you do…
24. If you have 5 people working for you
and they each have 75 different
contacts outside the company…
The network intel team is actually
375 people strong.
(It’s even bigger if you count
2nd and 3rd degree connections.)
25. CEOs tend to be big networkers —
they talk to a lot of people in the
industry at large.
27. When your employees share
what they learn from the
people in their network (about
technologies, competition,
talent), they help you solve key
business challenges faster.
33. Empower your employees to
network with those smart
people on company time...
And the company dime.
2.
34. HubSpot’s Learning
Meals program allows
employees to expense
meals with interesting
people in the industry
so long as the
employees share what
they learned.
35. “My one regret is that
we didn’t put the
Learning Meals
policy in place from
the start at HubSpot.
- Dharmesh Shah
Founder and CTO
38. For their annual conference, HubSpot
wanted to bring in a big name speaker
like Arianna Huffington.
!
To do so, they tapped the power of
their employees’ networks.
39. The organizers made a list of employee
Twitter accounts and went through
them to find the employee with the
strongest connection to Huffington.
!
That employee reached out and
Huffington quickly accepted the
invitation.
40. !
!
HubSpot employees also have two
times the average number of LinkedIn
connections, and those employees
share, comment, or like updates at
eight times the average rate.
41. !
!
HubSpot attracts two times the average
number of candidates for the job
opportunities it posts on LinkedIn.
!
!
The payoff to a having a workforce
well connected on LinkedIn?
43. The employee’s career is transformed.
!
A strong professional network is one of
the most important career assets a
person can have. As a company, you’re
helping employees build their networks.
THE ALLIANCE
44. The company is transformed.
!
Network intelligence from all
employees helps managers make
better strategic decisions.
THE ALLIANCE
45. An Alliance will help you
recruit, manage, and
retain great people to
your company. And solve
key problems faster.
Everybody wins.
46. Get the book today ▸
Learn more in my book
with Ben Casnocha
and Chris Yeh: The
Alliance.
!
We show you how to
set up network
intelligence programs
at your company.
47. Get the book today ▸
And we show how
these programs help
you solve challenges,
and ultimately help
you recruit, manage,
and retain amazing
talent at your
company.