12 rules for bringing 'social' business

This week I met with a big global think tank that is evaluating social media strategy proposals. All the proposals focused on tactical items like creating a Facebook page and Twitter feed and none addressed high value opportunity areas that would provide additional value to the organization’s clients and/or create new business models.

Then I came across Dion Hinchliffe’s blog post where he also laments that people are missing the bigger opportunity for social business, where the greater value lies.  He also provides 12 excellent rules for taking your business social. Check out his post for details, but here are the 12:

  1. Social businesses are made of people.
  2. The right tools and infrastructure naturally enable good social business
  3. Foster conversations with your customers, partners, employees and everyone else that’s interested.
  4. Popular social channels and services are important but are the smaller part of the social business story.
  5. Put the community first.
  6. Add a social dimension to your business process.
  7. Rethink your views on intellectual property in a highly social world.
  8. You manage to what you measure; use a social yardstick.
  9. Do not use social channels for traditional push communications.
  10. Censorship kills participation.
  11. If you’re not sure where your organization ends and the network begins, you’re doing it right.
  12. Healthy social businesses explicitly extract value from the network.

The Economist: 7 findings on the digital company

Ready or not legal and IT, major 2.0 changes will shift how we work within the next five years. Here are seven key findings from the new report, The Digital Company 2013: The Freedom to Collaborate, from The Economist Intelligence Unit.

  1. Technology knowledge will permeate the enterprise.
  2. Social networks will be common in the workplace, like it or not.
  3. Beware information paralysis.
  4. Digital tools will democratise access to information.
  5. Digital tools provide employees with greater control over the information they can access.
  6. IT will also need to loosen the reins.
  7. Ceding technology control will be good medicine.

Hat tip for this good, free study to Jon Husband over at the AppGap.

TechnCrunch 40: new applications to keep changing how we live and work

Innovation and entrepreneurism is thriving — and developing more and more new Web 2.0 tools and applications will just keep changing how we live, work, market and play. Check out highlights from this week’s TechCrunch40 Conference over at Don Dodge’s Next Big Thing and Frank Gruber’s Being Frank. The ideas are so much more interesting than the 1990s dot com era.