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Information Excellence informationexcellence.wordpress.com Information Excellence 2013 Feb Knowledge Share Session The best way to put distance between you and the crowd is to do an outstanding job with information. How you gather, manage, and use information will determine whether you win or lose.

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SOCIAL MEDIA FOR COLLABORATION AND INNOVATION by Sorabh Bajaj

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Page 1: Sorabh bajaj unisys social media_ieg_2013_feb

Information Excellence informationexcellence.wordpress.com

Information Excellence2013 Feb Knowledge Share Session

The best way to put distance between you and the crowd is to do an outstanding job with information.

How you gather, manage, and use information will determine whether you win or lose.

Page 2: Sorabh bajaj unisys social media_ieg_2013_feb

SOCIAL MEDIA FOR

COLLABORATION AND

INNOVATION

Sorabh Bajaj

Page 3: Sorabh bajaj unisys social media_ieg_2013_feb

Agenda

Social Media beyond “Presence”

We have Knowledge Management then why Social

Media for internal collaboration?

KPN- social media to strengthen employee

connections

Intuit did it

How Unisys did it?

Critical Factors

2

Page 4: Sorabh bajaj unisys social media_ieg_2013_feb

Social Media beyond “Presence”

Social Media Presence

Twitter followers and Facebook likes

Marketing Plan to leverage social networks

Reality: 70% of the extra profit from social

technologies has nothing to do with marketing

Benefits come from

Collaboration/innovation

Integration with the supply chain

3

Source: http://blogs.hbr.org/cs/2013/01/look_beyond_a_socia_media_presence.html

Page 5: Sorabh bajaj unisys social media_ieg_2013_feb

Why Social Media? We have KM 4

Knowledge has been treated as finite asset that can be contained in computer system

Reality: Knowledge is infinite resource and it knows no boundaries

Do not try to containerize knowledge but enhance it through collaboration

Collaboration happens through:

Wiki- co-create a document

Micro blogs- keep people informed

Next Gen PM tools- SharePoint is an example

Some Trivia

80% of meetings involving Sr. execs are informational in nature

25-30% of the time is spent in finding information by knowledge workers

Source: McKinsey Global Institute

Page 6: Sorabh bajaj unisys social media_ieg_2013_feb

Case of KPN

Dutch telecommunications major observed

unexpected benefits

Modem test volunteers

Blog by HR director created positive sentiment

5

Source: http://blogs.hbr.org/cs/2013/01/look_beyond_a_socia_media_presence.html

“The McKinsey Global Institute estimates that this change alone can

improve employee productivity by up to 25%”

Page 7: Sorabh bajaj unisys social media_ieg_2013_feb

Intuit’s Innovation Management 6

Created Intuit Brainstorm to launch an innovation initiative

Broke down barriers for communication between silos

Innovation development timeline decreased by 60% (from 13 months to 5 months)

Idea creation increased a reported 1,000%

Participation in idea creation increased 500%

More than 3,800 ideas were generated

Source: Apco Worldwide-unleashing-the-power-of-internal-social-media

Page 8: Sorabh bajaj unisys social media_ieg_2013_feb

Unisys lead the way 7

Source: http://http://www.scottmonty.com/2011/11/infographic-5-companies-that-are.html

Page 9: Sorabh bajaj unisys social media_ieg_2013_feb

Critical Factors for successful roll out of

Social Media at enterprises 8

Strategy: Be sure there is buy-in and engagement from senior executives

who are willing to lead by example

Alignment: Get involvement from stakeholder groups across the company

Technology: Determine the right mix of tools and technologies

Pilot: Identify pilot groups like Unisys did with the sales team

Governance: Establish guidelines for governance

Communications: Develop a communications plan

Metrics: Identify hard business metrics like increasing speed to innovation

or speed for winning new business

Implementation: Create process for enterprise wide implementation new

skills needed for success like social media literacy

Page 10: Sorabh bajaj unisys social media_ieg_2013_feb

[email protected]

Twitter: @SorabhBajaj

LinkedIn: http://in.linkedin.com/in/sorabhbajaj

Thanks for attending the session!

Page 11: Sorabh bajaj unisys social media_ieg_2013_feb

Information Excellence informationexcellence.wordpress.com

About Information Excellence Group

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