Wednesday, May 25, 2011

It's (Already) Time to Rethink Social Media

Last week was exciting as I had my first article published in KM World. The premise of the article was to talk about how Social Media should not be the strategy—it supports a strategy as a driver of business value. It's how and where your customers talk about your brand. And it's changing the way we work.

Here are a few excerpts from the article and I hope you will go and have a read of the article in its entirety on their website. (

Or if you are not a KM World member you can obtain a copy from the OpenText website here.
“Even though most organizations have been using social media tools for some aspect of their business for two to three years, most say that a steep learning curve has yet to be overcome where understanding and effectively using it is concerned. Worse, a woefully low segment indicates that they are doing it well in terms of leveraging multiple social media channels to achieve specific business objectives.”

“Not only is social media about establishing meaningful conversations (not just communications) with customers, it is about improving response levels and the quality of the overall customer experience. Achieving this takes more than just tools and techniques. It takes a real commitment from the organization and participation at all levels. The trouble is that many organizations have policies that preclude participation from staff that are actually best suited to respond to customers. Still, more than 45% of large organizations block staff use of public social media tools. In certain sectors, such as investment advisory firms in financial services, it is actually illegal for certain departments to communicate with other departments using messaging or any other social media tool.”

“By delivering enterprise-class social media applications that can extend to customer use cases for the Web, intranet and extranet scenarios, such as a social platform from OpenText, organizations can rapidly apply social media to existing team collaboration and content and knowledge management solutions to capitalize on the opportunities of social media while averting the risks it may pose.”

Thanks for reading and I look forward to the conversations!

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