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Webjam: Working Together to Achieve
              More
Forget Technology: 

The Real Business Value 

of Enterprise Social Networks
What Is An Enterprise
Social Network?
Enterprise Social Networks 

 Defined 


A set of technologies that create business value by
connecting the members of an organisation through
profiles, updates, and notifications. Source: Altimeter Group

•  But ESN’s are not simply Facebook behind a firewall
•  Every enterprise has distinct needs and nuances that
   require a reframing of a social network


 Altimeter found that there are six elements of a social
network that are similar — and yet different — between
         public and enterprise social networks
Public Social Network
                Enterprise Social Network
                                                          similar to public networks but also
                    who you are, where you went to
People Profiles
                                           lists work-related associations &
                    school, interests
                                                          expertise (teams, projects, skills).

                                                          business objects (client accounts,
                    places and brands also have
Object Profiles
                                           documents, expense reports) also have
                    identities and activity streams
                                                          associated activity streams 

                    created by the person; can also       similar, created by people interacting
Updates & 

                    include chats, video, group           with each other, as well as business
Activity Streams
                    messaging and event planning
         objects and enterprise systems

                                                          some updates may be required
                    people can completely control
Notifications
                                             because of work associations, updates
                    from whom they get updates
                                                          from the CEO

                                                     similar, but relationships may be
                    two-way relationships as well as
                                                     predetermined because of work
Relationships
      one-way follow/subscribe, always
                                                     associations (departments, team,
                    controlled by the person
                                                     project, location)

                                                          employees understand that all updates
                    the nature of relationships dictate
                                                          can be seen by their employer, hence
                    permissions; greater care must be
Permissions &                                             privacy becomes less of an issue;
                    taken to ensure private
Privacy
                                                  permissions become a greater concern
                    information stays within the right
                                                          in terms of who has permission to see
                    circles
                                                          what information
What Is The True Value of
Enterprise Social Networks?

Four Ways ESN’s Drive Business Value:
•  Encourage Sharing
•  Capture Knowledge
•  Enable Action
•  Empower people


        “It’s about relationships, not technology.”
Encourage Sharing

•    Creates two-way dialogue
•    Makes business personal
•    Reduces power distance to leaders
•    Connects globally, person by person
•    Forms private groups
Capture Knowledge

•  Identify expertise
•  Avoid duplication
   and have better co-ordination
•  Transfer/Retain knowledge
•  Improve best practices
Enable Action 


•    Solve problems faster and better
•    Bring outsiders in
•    Streamline processes
•    Shorten customer feedback
Empower People

•  Give employees a voice
•  Make meaningful contributions and
   innovations
•  Increase engagement, satisfaction and
   retention
Top Three Implementation
 Pitfalls and How to Avoid Them

Pain Point #1:
Lack of Metrics Means Business Impact Goes Unmeasured

Pain Point #2:
Rapidly Developing Technology Platforms Create a Myriad of
Confusing Options

Pain Point #3:
Integration Into Existing Platforms, Workflow, and Access
Remain a Barrier
Pain Point #1: Lack of Metrics Means
Business Impact Goes Unmeasured 


•  Organisations admitted they generally do NOT measure ESN’s well
   and would like to see a great deal of improvements
•  Only a third believe they measure ESN’s “somewhat well” while
   none felt they measured it “very well”.
•  In fact, a quarter admitted that they did not use any metrics at all to
   gauge success of their ESN’s.
•  With no concrete metrics in place with which to benchmark the
   ESN, companies found they had few ways to connect ESN
   behavior to business impact and value.
•  With no concrete metrics in place with which to benchmark the
  ESN, companies found they had few ways to connect ESN
  behavior to business impact and value.
Top Metrics Measure Engagement

Not Progress against Business 

Goals
Most Organisations Admit 

They Measure ESN’s Poorly
Pain Point #2: Rapidly Developing
 Technology Platforms Create a
 Myriad of Confusing Options 


•  From a technology viewpoint, the ESN
   space is still in its nascent stages
•  Technology offerings tend to fall into three
   scenarios
•  Technology is rapidly evolving
Pain Point #3: Integration Into Existing
Platforms, Workflow, and Access 

Remain a Barrier


•  Managing platform proliferation: “Oh no,
   not another one!”
•  Integrating into existing workflows
•  Providing access to all employees
Creating an Enterprise Social 

Network Action Plan For Your 

Business

1. Objectives
•  Identify and prioritise the gaps that relationships
   can fill.
•  Design your long-term goals for the ESN with
   purpose.
•  Paint the path in gold.
Creating an Enterprise Social 

Network Action Plan For Your 

Business

2. Metrics
•  Measure gap-closing, not engagement.
•  Track relationships, not conversations.
Creating an Enterprise Social 

Network Action Plan For Your

Business
3. Relationship Management
•  Budget, staff, and resource appropriately.
•  Get executives involved.
•  Foster transparency to create an open culture.
•  Create incentives and rewards for participation.


Especially powerful when the recognition comes from
someone unexpected - like an executive - and is
widespread throughout the organisation.
Creating an Enterprise Social 

Network Action Plan For Your 

Business

4. Technology
•  Choose your technology based on the relationships you
   want to build - not features.
•  Prioritise technology options based on your objectives.
•  Have simple guidelines in place.
•  Deploy in partnership and in one department first.
How To Calculate Your Own
Social Return On Investment

                    Web (Retention, users, PVs,
                     conversions)
                    Social (Engagement,
                     segmentation, activity index)
                    Brand (Keyword analysis,
                     reputation, sentiment, ranking)
ROI of Employee Collaboration
Employees start new initiatives
•  Assume that with improved collaboration you get new R&D teams
•  10% of the R&D projects generate a value of £500,000
•  Thanks to the collaboration solution 10% of the new teams will generate new
   value
•  Assume 20 new projects are created that wouldn’t exist otherwise
•  2 of them will create added value
•  £1,000,000 added value is being created

Employees can find information easier
•  Average employee spends 20 minutes a day looking for info
•  Average salary is £55,000
•  Cost to company of 2,000 employees * £55,000 / 221 working days / (480/20)
   per day = £20,739 per day
•  Thanks to the collaboration solution employees need 8 minutes less to find
   information.
•  This would lead to a total cost reduction of £8,296 per day or £1,8 million per
   year
ROI of Employee Collaboration

Managers will send less emails
• Average manager spends 30 minutes a day answering
  emails to his team members
• Average salary is £70,000 per year
• Total cost to company with 300 managers: 300*£70,000 /
  221 working days / (480/30) = £5,939 per day
• Thanks to the collaboration solution managers need 10
  minutes less to answer emails
• This would lead to a total cost reduction of £1,980 per
  day or £437,500 per year
Enterprise Social Networks

  Help Companies To Be
…More Efficient
Create new communication channels through
self-managed groups to optimise information flows for
knowledge sharing and talent finding


…More Innovative
Surface employee ideas and innovation:
transform your employees into your own market
research team identifying talent, new projects and
ideas, develop a collaborative environment

…More Open
Give employees a voice and let them speak, listen
and engage as a community by creating a more
open and transparent environment. Successful
engagement often results in external brand
advocacy
For	
  your	
  free	
  14	
  day	
  subscrip2on,	
  visit:	
  
                	
  www.webjam.com	
  	
  
Website:	
  www.webjam.com	
  	
  
Email:	
  bizdev@webjam.com	
  	
  	
  
   Phone:	
  0208	
  390	
  8899	
  
 TwiIer:	
  @webjamdotcom	
  
Appendix
Public Social Network
                Enterprise Social Network
                                                          similar to public networks but also
                    who you are, where you went to
People Profiles
                                           lists work-related associations &
                    school, interests
                                                          expertise (teams, projects, skills).

                                                          business objects (client accounts,
                    places and brands also have
Object Profiles
                                           documents, expense reports) also have
                    identities and activity streams
                                                          associated activity streams 

                    created by the person; can also       similar, created by people interacting
Updates & 

                    include chats, video, group           with each other, as well as business
Activity Streams
                    messaging and event planning
         objects and enterprise systems

                                                          some updates may be required
                    people can completely control
Notifications
                                             because of work associations, updates
                    from whom they get updates
                                                          from the CEO

                                                     similar, but relationships may be
                    two-way relationships as well as
                                                     predetermined because of work
Relationships
      one-way follow/subscribe, always
                                                     associations (departments, team,
                    controlled by the person
                                                     project, location)

                                                          employees understand that all updates
                    the nature of relationships dictate
                                                          can be seen by their employer, hence
                    permissions; greater care must be
Permissions &                                             privacy becomes less of an issue;
                    taken to ensure private
Privacy
                                                  permissions become a greater concern
                    information stays within the right
                                                          in terms of who has permission to see
                    circles
                                                          what information
Scenario
                    Why Pursue This Path


Standalone Solution

-can exist independently

-can also be integrated into It’s fast, easy and cheap

enterprise apps
             Most are developing integration APIs



Collaboration

                             Collaboration platforms are already
-tends to be one major
                             social and in-house. ESN is a feature
platform in each
                             that is easily ‘turned on.’
organisation

Enterprise Application 

Add-On
                      While not inherently a collaboration
-integration into critical   platform, it can turn on or layer on
enterprise apps
             social technology to make them an ESN

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Wj forget technology-the real business value of enterprise social networks

  • 1. Webjam: Working Together to Achieve More
  • 2. Forget Technology: 
 The Real Business Value 
 of Enterprise Social Networks
  • 3. What Is An Enterprise Social Network?
  • 4. Enterprise Social Networks 
 Defined 
 A set of technologies that create business value by connecting the members of an organisation through profiles, updates, and notifications. Source: Altimeter Group •  But ESN’s are not simply Facebook behind a firewall •  Every enterprise has distinct needs and nuances that require a reframing of a social network Altimeter found that there are six elements of a social network that are similar — and yet different — between public and enterprise social networks
  • 5. Public Social Network Enterprise Social Network similar to public networks but also who you are, where you went to People Profiles lists work-related associations & school, interests expertise (teams, projects, skills). business objects (client accounts, places and brands also have Object Profiles documents, expense reports) also have identities and activity streams associated activity streams created by the person; can also similar, created by people interacting Updates & 
 include chats, video, group with each other, as well as business Activity Streams messaging and event planning objects and enterprise systems some updates may be required people can completely control Notifications because of work associations, updates from whom they get updates from the CEO similar, but relationships may be two-way relationships as well as predetermined because of work Relationships one-way follow/subscribe, always associations (departments, team, controlled by the person project, location) employees understand that all updates the nature of relationships dictate can be seen by their employer, hence permissions; greater care must be Permissions & privacy becomes less of an issue; taken to ensure private Privacy permissions become a greater concern information stays within the right in terms of who has permission to see circles what information
  • 6. What Is The True Value of Enterprise Social Networks? Four Ways ESN’s Drive Business Value: •  Encourage Sharing •  Capture Knowledge •  Enable Action •  Empower people “It’s about relationships, not technology.”
  • 7. Encourage Sharing •  Creates two-way dialogue •  Makes business personal •  Reduces power distance to leaders •  Connects globally, person by person •  Forms private groups
  • 8. Capture Knowledge •  Identify expertise •  Avoid duplication and have better co-ordination •  Transfer/Retain knowledge •  Improve best practices
  • 9. Enable Action •  Solve problems faster and better •  Bring outsiders in •  Streamline processes •  Shorten customer feedback
  • 10. Empower People •  Give employees a voice •  Make meaningful contributions and innovations •  Increase engagement, satisfaction and retention
  • 11. Top Three Implementation Pitfalls and How to Avoid Them Pain Point #1: Lack of Metrics Means Business Impact Goes Unmeasured Pain Point #2: Rapidly Developing Technology Platforms Create a Myriad of Confusing Options Pain Point #3: Integration Into Existing Platforms, Workflow, and Access Remain a Barrier
  • 12. Pain Point #1: Lack of Metrics Means Business Impact Goes Unmeasured 
 •  Organisations admitted they generally do NOT measure ESN’s well and would like to see a great deal of improvements •  Only a third believe they measure ESN’s “somewhat well” while none felt they measured it “very well”. •  In fact, a quarter admitted that they did not use any metrics at all to gauge success of their ESN’s. •  With no concrete metrics in place with which to benchmark the ESN, companies found they had few ways to connect ESN behavior to business impact and value. •  With no concrete metrics in place with which to benchmark the ESN, companies found they had few ways to connect ESN behavior to business impact and value.
  • 13. Top Metrics Measure Engagement
 Not Progress against Business 
 Goals
  • 14. Most Organisations Admit 
 They Measure ESN’s Poorly
  • 15. Pain Point #2: Rapidly Developing Technology Platforms Create a Myriad of Confusing Options •  From a technology viewpoint, the ESN space is still in its nascent stages •  Technology offerings tend to fall into three scenarios •  Technology is rapidly evolving
  • 16. Pain Point #3: Integration Into Existing Platforms, Workflow, and Access 
 Remain a Barrier •  Managing platform proliferation: “Oh no, not another one!” •  Integrating into existing workflows •  Providing access to all employees
  • 17. Creating an Enterprise Social 
 Network Action Plan For Your 
 Business 1. Objectives •  Identify and prioritise the gaps that relationships can fill. •  Design your long-term goals for the ESN with purpose. •  Paint the path in gold.
  • 18. Creating an Enterprise Social 
 Network Action Plan For Your 
 Business 2. Metrics •  Measure gap-closing, not engagement. •  Track relationships, not conversations.
  • 19. Creating an Enterprise Social 
 Network Action Plan For Your
 Business 3. Relationship Management •  Budget, staff, and resource appropriately. •  Get executives involved. •  Foster transparency to create an open culture. •  Create incentives and rewards for participation. Especially powerful when the recognition comes from someone unexpected - like an executive - and is widespread throughout the organisation.
  • 20. Creating an Enterprise Social 
 Network Action Plan For Your 
 Business 4. Technology •  Choose your technology based on the relationships you want to build - not features. •  Prioritise technology options based on your objectives. •  Have simple guidelines in place. •  Deploy in partnership and in one department first.
  • 21. How To Calculate Your Own Social Return On Investment   Web (Retention, users, PVs, conversions)   Social (Engagement, segmentation, activity index)   Brand (Keyword analysis, reputation, sentiment, ranking)
  • 22. ROI of Employee Collaboration Employees start new initiatives •  Assume that with improved collaboration you get new R&D teams •  10% of the R&D projects generate a value of £500,000 •  Thanks to the collaboration solution 10% of the new teams will generate new value •  Assume 20 new projects are created that wouldn’t exist otherwise •  2 of them will create added value •  £1,000,000 added value is being created Employees can find information easier •  Average employee spends 20 minutes a day looking for info •  Average salary is £55,000 •  Cost to company of 2,000 employees * £55,000 / 221 working days / (480/20) per day = £20,739 per day •  Thanks to the collaboration solution employees need 8 minutes less to find information. •  This would lead to a total cost reduction of £8,296 per day or £1,8 million per year
  • 23. ROI of Employee Collaboration Managers will send less emails • Average manager spends 30 minutes a day answering emails to his team members • Average salary is £70,000 per year • Total cost to company with 300 managers: 300*£70,000 / 221 working days / (480/30) = £5,939 per day • Thanks to the collaboration solution managers need 10 minutes less to answer emails • This would lead to a total cost reduction of £1,980 per day or £437,500 per year
  • 24. Enterprise Social Networks
 Help Companies To Be …More Efficient Create new communication channels through self-managed groups to optimise information flows for knowledge sharing and talent finding …More Innovative Surface employee ideas and innovation: transform your employees into your own market research team identifying talent, new projects and ideas, develop a collaborative environment …More Open Give employees a voice and let them speak, listen and engage as a community by creating a more open and transparent environment. Successful engagement often results in external brand advocacy
  • 25. For  your  free  14  day  subscrip2on,  visit:    www.webjam.com    
  • 26. Website:  www.webjam.com     Email:  bizdev@webjam.com       Phone:  0208  390  8899   TwiIer:  @webjamdotcom  
  • 28. Public Social Network Enterprise Social Network similar to public networks but also who you are, where you went to People Profiles lists work-related associations & school, interests expertise (teams, projects, skills). business objects (client accounts, places and brands also have Object Profiles documents, expense reports) also have identities and activity streams associated activity streams created by the person; can also similar, created by people interacting Updates & 
 include chats, video, group with each other, as well as business Activity Streams messaging and event planning objects and enterprise systems some updates may be required people can completely control Notifications because of work associations, updates from whom they get updates from the CEO similar, but relationships may be two-way relationships as well as predetermined because of work Relationships one-way follow/subscribe, always associations (departments, team, controlled by the person project, location) employees understand that all updates the nature of relationships dictate can be seen by their employer, hence permissions; greater care must be Permissions & privacy becomes less of an issue; taken to ensure private Privacy permissions become a greater concern information stays within the right in terms of who has permission to see circles what information
  • 29. Scenario Why Pursue This Path Standalone Solution
 -can exist independently
 -can also be integrated into It’s fast, easy and cheap
 enterprise apps Most are developing integration APIs Collaboration
 Collaboration platforms are already -tends to be one major social and in-house. ESN is a feature platform in each that is easily ‘turned on.’ organisation Enterprise Application 
 Add-On
 While not inherently a collaboration -integration into critical platform, it can turn on or layer on enterprise apps
 social technology to make them an ESN