Lost count of the times you've struggled a bit when someone has said: "What are we going to do about social media"?
Rest easy - because that's the wrong question. The question that today's leadership teams need to be addressing is this: "What do we need to do to create a social business"? Of course, that question needs to be proceeded by 'Why do we need to create a social business'? I hope you'll find some signposts to that answer here.
Disruptive technologies come, go - and stay around for a while. Books, telephones, televisions, the typewriter, all changed the way business was conducted. For the main part however, those technologies were initially retained by few and used as a means of command and control. Hierarchical organisations employed disruptive technologies to increase profits, shareholder returns and, of course, power.
The speed of change and access to the latest disruptive technologies means that they can't be retained or held by a few. Although moves are afoot to try and change this, for the time being at least, the combinations of change, access and low-cost means that the notions we had of business, leadership and social order have changed. Expectations are different. We have not only a right to choose, but a right to demand, cajole, influence and - in some cases - insist.
Social media changes business for good. And not simply 'good' in terms of finality.
The 'good business' of the future will be just that. Good in terms of its impact on society as well as its contribution. Financially sound and sustainably grown. The integrated reporting and global reporting initiatives will make all organisations accountable for their actions - financial, environmental and societal. In order to report performance effectively and truthfully, many organisations will have to turn themselves inside out, changing from within and working out how, once changed, they can meet their business and organisational goals.
Given the seismic shift in the financial world markets since 2008, it is extremely likely that G3 and other integrated reporting guidelines will become mandatory. South Africa is the first country to have made integrated reporting a legal requirement. This type of initiative, combined with the force of social media, creates a new style of business in which listening comes first.
The new business won't just make and sell things. It won't even declare itself by putting its ingredients on the pack. The new business will have full support of the community in which it operates. The resources it uses will be tracked to origin. The packaging - QR code or otherwise - will explain exactly where, how and why it fits into people's lives. It will declare its own risks and benefits in equal measures. It will create and foster a clear understanding with its user community who will report back publicly on their views, experience and satisfaction with the product or service and make suggestions for improvement.
The user will be able to choose how, where and when they make their purchase and whether they do that with hard currency - currently under threat - or network credits. If they are bought with network credits then the network too will assume responsibility as part of the new supply chain. Those supplying goods and services through the network will be held to terms and conditions and, if they are found to be in breach, will be cut off.
Each stage of the process will be designed to foster the trust of all the stakeholders involved. Monitoring and implementing the process will demand a new skill set from everyone involved, not least the organisational leaders who will have not just organisational reputations to defend, but their own personal ones as the line between the profession and the person gradually disappears.
That's one scenario - but keep in mind that it isn't simply social shift we are witnessing. It is a business shift as well. Welcome to the Brave New World.
This post is taken from a piece I wrote at the back end of last year - and in discussing social business with a few people today, thought I'd dig it out and put it here for them to have a read. Hope it gave you some food for thought too.
Not if, but when: the radical reflection and PR rethink waiting around the corner
Imagine it is this time next year. Or even the year after when all the bugs are ironed out of the new web-enabled devices that will pop into Christmas stockings this December. Your organisation has some visitors arrive. They are all wearing Google Glass. What do you do? Ask them to remove their eyewear or accept that your interactions are likely to be live-streamed or captured on video to be shared with their stakeholders?
Or you're serving in a restaurant. The customers come in, again, with wearable transmitting devices. Do you quietly present them with their meal or, as was the case last year, create a scene that ends in physical assault because the augmented-reality digital eye-wear cannot be removed?
In the same way that ten years ago the developments on the web disrupted the way we communicate and interact with others, bringing us to today's point of ubiquitous mobile engagement, the next wave of wearable (or implanted) devices will change forever not just the way we communicate, but the way we live. I wonder how many people, organisations, businesses and governments are ready for this shift?
There are countless scenarios that can be conjured when you think about the effect the next wave technologies will have on our lives and, from a professional standpoint, they are scenarios that all public relations and communication practitioners should be rehearsing before they find themselves, and their organisations, 'always on'. It is a big leap for most - a leap highlighted by the recent instruction to journalists not to tweet from a press conference. Even today this is a redundant instruction, but how would the organisation concerned react to the press conference being live streamed through a device such as Glass? The journalist attends a press conference as the representative of others. The expected delay between briefing and publication is the assumption of the host, based on older communication speeds and use of technology. As a journalist, my expectation would be to get the information back as soon as possible, and, if that means as it happens, then all the better.
I meet with a lot of people who debate and discuss their 'social media strategy'. Frequently it revolves around tactics on the big networks - Facebook, Twitter and the like rather than creating a digital strategy that underpins their organisational and communcation goals. Rarely does it include Google+ or Hangouts and it inevitably involves a discussion around how to convince the organisation involved that today's communication channels are chaotic, concurrent, confused and cannot be controlled.
Over the last ten to twelve years I've said many times that the available technologies we have at our disposal don't simply transform the way we communicate - they transform the organisations themselves. That's where the biggest changes occur. Individuals and organisations that meet with success in social communication have inevitably undergone this transformative process from the inside out. They have a clear understanding of their role, provision or service, they have identified the communities that are critical to their licence to operate then set about forming networks of engagement mutually beneficial for all those involved. Yet even those organisations will find themselves disturbed once again by the device-shifts ahead as the reality of what we do rather than what we say becomes the primary organisational asset it should have always been.
As a matter of urgency, I would hope that practitioners convince their organisations to focus on their inner workings and deliverables. To focus on their employees and how to equip them to be 'always on'. On their suppliers and customers and agreed levels of acceptable shareability.
As the mobile phone is replaced in its ubiquity by the wearable or implanted device the question every public relations professional should be asking is this: how ready are you for the technology waiting around the corner and the change it will bring to your organisation?
Posted at 01:25 PM in Action required, Comment, Communication, digital life, Google, Internet, Issues management, mobile communication, politics, public relations, Reputation, Society, Technology, Thinking, Trust | Permalink | Comments (0) | TrackBack (0)
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