Name: Dr. Cathal Doyle Email: cathal.doyle@umail.ucc.ie Twitter: @Cathal_Doyle Website: cathaldoyle.com Many of the platforms of social media are “open”, in that other users of the network can see other people’s activity Are we starting to move to more “private” networks? Snapchat, Viber, Whatsapp We all use social media in some form to communicate Some users are lurkers, others power users We are building a digital profile, where reputation is king, and leaving many digital breadcrumbs Inevitably, with the interest from users, organisations began to look at these platforms (grassroots IS) Looking to gain some competitive advantages by bringing them into their organisations What does this mean? A lot of organisations adopting them for the sake of it This leads to disappointment when there is no engagement Change is needed – but will organisations adopt? Information no longer needs to come from the top down A much more democratic way of doing business is needed Hierarchies are demolished with the introduction of social media platforms They are using them both internally and externally Internally to get employees to collaborate with each other Externally to interact with current and potential customers, as well as business partners Airline organisations use Twitter to communicate with their passengers regarding flight times, and baggage allowances Telecommunication organisations use Twitter to answer any queries that customers might have Football organisations use Facebook to deliver exclusive pictures and videos of their team’s More and more organisations are introducing social media policies What impact do these have on social media use? Are they necessary? Six Social Media Trends for 2010 1. Social media begins to look less social 2. Corporations look to scale (http://www.newretailblog.com/social-media-case- study-best-buys-twelpforce/) 3. Social business becomes serious play 4. Your company will have a social media policy (and it might actually be enforced) 5. Mobile becomes a social media lifeline 6. Sharing no longer means e-mail Six Social Media Trends for 2011 1. It’s The Integration Economy, Stupid. 2. Tablet & Mobile Wars Create Ubiquitous Social Computing 3. Facebook Interrupts Location-Based Networking 4. Average Participants Experience Social Media Schizophrenia 5. Google Doesn’t Beat Them, They Join Them 6. Social Functionality Makes Websites Fashionable Again Six Social Media Trends for 2012 1. Convergence Emergence 2. The Cult of Influence 3. Gamification Nation 4. Social Sharing 5. Social Television 6. The Micro Economy Seven Social Media Trends for 2013 1. Investment in Social Media Will Become a Necessity, Not a Luxury 2. Google+ Will Become a Major Factor 3. Image-Centric Networks Will See Huge Success 4. We’ll Witness the Rise of Micro-Video 5. Foursquare Will Decline Sharply 6. MySpace, Love it or Hate it, Will Grow 7. LinkedIn Will Become a Major Player for B2B Business Growth http://blogs.hbr.org/2014/01/whats-the-endgame-forsocial-media/ The coming years will see more large and small businesses shifting social media from just the corporate level or just the division level to both the corporate and division level The first wave of social business was all about employee collaboration, giving rise to products like Yammer, Jive, and Salesforce Chatter Then came the next wave, external social business, rooted in customer service, corporate marketing, and communications More and more companies will usher in the third wave of social business by empowering everyone across the organization to participate Corporate marketing teams will continue to use Facebook, Twitter, and LinkedIn for brand awareness Sales teams and other customer-facing roles will increasingly tap into social networks for ways to authentically reach and engage their customers and prospects They will look to build their credibility as a trusted advisor through value-added content, and provide higher levels of service – all to ultimately increase business and deepen relationships Even for employees in non-customer facing roles, the expectation will be that they represent the company whenever online to amplify and reinforce the corporate brand and its value to customers Enabling and training employees to effectively use social media for business Creating social business programs and guidelines Applying key business metrics to turn grand visions of social media into real business process and ROI Stenmark 2008 - Web 2.0 in the Business Environment: The New Intranet or a Passing Hype? http://blogs.hbr.org/2013/07/the-real-power-of-enterprise-s/ http://blogs.hbr.org/2013/03/how-to-make-space-for-social-m/ http://sumthewholeshowup.wordpress.com/2013/11/15/social-media-policies- impact-on-social-media/