Six Stages of Social Business How to Integrate Social Across the Enterprise…and Why it Matters. John Nolt Senior Director, Product Management Oracle Social Cloud @a1phab3t Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | Technology Changing Everything Mobile, Digital, Social via the Cloud Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 3 Social is Influencing Purchasing Decisions 40% 90% o Four in ten social users have purchased an item online or in-store after sharing or favoriting it. o 90% of all purchases are subject to social influence. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 4 Social Giving Customers a Voice & Platform Promoted Tweet to 300k after a negative luggage experience. How does a billion dollar corporation only have 9-5 social media support for a business that operates 24/7? Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 5 Consumerization has Affected Your Business “If you make customers unhappy in the physical world, they might each tell six friends. If you make customers unhappy on the Internet, they can each tell 6,000.” Jeff Bezos, Amazon CEO Mass media Internet/1:1 Social/Mobile Source: 2011 Customer Experience Impact Report (CEI), based on a survey commissioned by RightNow and conducted by Harris Interactive. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 6 Devices, Connections, Content & Empowered Consumers o 60 hours: Average time Americans spend a week consuming content. o 4: Average # of devices Americans own o 2 hours: Average time American spends on social media each day. o 86% of customers will start doing business with a competitor after a bad customer experience. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 7 Promoting Change Across People & Cultures #PowerShift Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 8 Take Social Beyond Marketing 13 Departments Involved in Social Media Across Organizations 178 Average # of Social Accounts Across Organizations 8 in 10 Marketing and IT Leaders Report Company’s Investment in Social will Increase Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 9 97% Global Study Reveals 97% of Executives Place a High Importance on Becoming a Socially Enabled Enterprise. – Global Study of Marketing & Technology Executives Oracle, Social Media Today & Leader Networks Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 10 Socially Enabled Business Defined The deep integration of social media and social methodologies into the organization to drive business impact. – Altimeter Group Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 11 Social Business Maturity Drive ROI through Social Media and Business Objective Alignment 1. Planning Listen & Learn 2. Presence Stake Our Claim 3. Engagement Dialog Deepens Relationships 4. Formalized Organize for Scale 5. Strategic Become a Social Business 6. Converged Business is Social Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 12 1. Planning - Listen and Learn Every good conversation starts with good listening. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 13 2. Presence - Stake Your Claim Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 14 3. Engagement - Dialogue Deepens Relationships The Social Media Brand Engagement Curve Broadcasting Listening & Engaging Relationships Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 15 4. Formalized - Organize For Scale Hub and Spoke Centralized Decentralized Multiple Hub and Spoke Holistic Source: Altimeter Group, Q4 2012 Social Business Survey - Social Business Organizational Models. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 16 5. Strategic – Become a Social Business Marketing and Communications Broadcasting Sales Customer Care Listening & Engaging HR & Talent Management Internal Collaboration Relationships Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 17 6. Business Is Social “Business has only two basic functions – marketing and innovation.” Peter Drucker Broadcasting Listening & Engaging Relationships Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 18 Transformational Change is Never Easy or Automatic… Broadcasting Listening & Engaging Relationships Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 19 Transformational Change is Never Easy or Automatic… Broadcasting Listening & Engaging Relationships Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 20 …But You Can Blaze a Path • • • • • • Broadcasting Establish Goals and Metrics Communicate Vision Structure the Organization Empower & Train Employees Put Right Technology In Place Showcase Results Listening & Engaging Relationships Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 21 Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 22 Oracle Social Cloud: SRM Industry’s Only Unified, Integrated and Global Social Solution Social Engagement & Monitoring Social Marketing Social Network Social Data Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 23 Oracle Social Cloud: Key Differentiators Unified Platform Industry’s Only Unified Social Solution Deeper Listening Eliminates Dirty Data for Precise Insights Global Social Global UI, Advanced Listening, Data Sources Social Everywhere Integration with Oracle CX Applications Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 24 Oracle CX Complete Customer Experience Platform Oracle Marketing Cloud Oracle Sales Cloud Oracle CPQ Cloud Oracle Service Cloud Oracle Commerce Oracle Social Cloud Integrated Customer Foundation Globalizations and Experience Statutory Localizations Globalizations and Statutory Localizations Integrated Customer Experience Foundation Social Network Mobile Analytic KPIs & Dashboards Predictive Analytics Integrations Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 25 Example Customer Journey 9 4 Social Advocacy Relevant Recommendations 3 Personalised Clientelling Buy 8 Own 5 Assisted Service Support and Serve Market and Sell Buy 7 2 1 6 Timely First Engagement Customer Need & Product Research Efficient Self Service Product Issue Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 26 Social. Exceed Your Customers Expectations. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 27 So What Now? • o Is social still in a silo? o Is social fully integrated with your digital marketing efforts? o Does your organization desire to be a social business? Start collaborating with key executives now. #Innovate Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 28 The Future Looks Like This By 2025, 75% of the workforce will be millennials—that will be your employees, partners and customers. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 29 It’s About the Journey, Not the Destination Bring People, Processes and Technology Together Download the eBook and find other resources at oracle-downloads.com/OracleSocial Broadcasting Listening & Engaging Relationships Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 30 Safe Harbor Statement The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle. Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 31 Copyright © 2014 Oracle and/or its affiliates. All rights reserved. | @a1phab3t #IMSCIN 32