Cloud Computing and Business Social Media

I just read a NY Times article on the current state of Cloud Computing entitled “A Leader in the Cloud Gains Rivals.”

Nothing earth shaking here, but having recently attended salesforce.com’s Cloudforce NY at the end of November, and listening to Marc Benioff’s pitch on the Social Enterprise for the 4th time, it’s evident that the other big guys on the block are running scared. IBM now has a ‘Social Business Cloud’, Oracle recently announced it’s own Social Enterprise Cloud and EMC recently bought Socialcast, a social media listening platform that rivals Radian6, and SAP is still trying to figure how to buy its way into the Cloud business and not lose its lucrative and outrageous annual licensee fees.

Bottom line, software has been moving to web-based ‘service-oriented’ software for many years. salesforce.com has been the first player to make that an enterprise multi-billion business. So now, the big traditional software players are scrambling to figure how to stay relevant. What does that mean for ‘Social Business Media & Collaboration’. All good.

Traditionally, it was so hard to integrate any outside software into SAP, Oracle or other large ERP/Enterprise platform. An entire business of middleware built up around it to just communicate and collaborate. So many CIO’s took the opposite approach and went with ‘SAP or Oracle’ only approach. That was so 5 years ago! Now, the Cloud is kicking their teeth in. Thanks to Facebook, Twitter, and such, Social collaboration between customers, sales/mktg/service reps, suppliers and internal employees is making the old Enterprise/ERP world break at the seams.

salesforce.com, Amazon, Apple and other forward thinking players are making huge strides in offering applications via an ‘AppExchange’ that plug in and for the most part, just work. No need for a team of Accenture consultants to glue it into SAP. My apologies to all those folks who make their living selling and implementing that software (many of whom are very good friends).

The brave new world will be social, mobile and ‘agile’ (quick, iterative and easy to deploy). Social collaboration will be at the center of it all, because in the end, it’s all about doing business with people, services, and products that make your life better and easier. Not sure SAP, Oracle and Microsoft can change their culture and products quickly enough to make that happen for them.

Social Product Development – PLM and Social Media, a viable process?

I was just reading about a new company called Quirky.com, which is a social product development site that crowd sources design and marketing, bringing two products to market every week. Anyone can submit an idea, rate other ideas, choose what gets developed, and even vote on product names. And, of course, once a project reaches manufacturing, anyone can order it from Quirky, too.

The Quirky model for product development seems to be catching on. Currently, there are 124 ideas bidding for votes on the site, and last spring venture capitalists invested $6 million into the start up. This is a really cool way of generating new products from crowd sourcing and participation in the Product Lifecycle Management. While this approach to integrating Social feedback and ideas for new products is unique, it’s not the only use of social media in product design and the PLM lifecycle.

For most companies, the Product Lifecycle process is complex, with much input for many internal and external sources like suppliers, engineers, product marketing and for some companies, customer focus groups. For many products, it can take a year or more to go from product concept to delivery to the customer. This Product Lifecycle gets even more compressed when you’re looking at fast moving consumer goods like fashion/apparel that can have less than a 6 month product lifetime (like certain seasonal products like Spyder Skiwear for example). The window to get the product designed that people will buy is an art more than science for most companies. That’s why you see huge mark-downs at outlet stores and TJMaxx (homes to the products that didn’t sell well).

With Social Media the entire PLM cycle can be improved, shortened and save companies millions of dollars. Let’s stick with Spyder Skiwear as an example (full disclosure – Spyder was a former customer of mine and I use their well-designed products with great delight). Spyder’s product design team starts the next season design process by looking at the previous years hot products and breaks down those products by attribute (color, design, style), customer (demographic profiles), region (Europe vs No. Amer). They then try to create successful designs using feedback from their sponsored athletes (Bode Miller for example). Then the product is vetted to buyers at large sporting goods stores like Dick’s, both for pre-sale interest and recommendations. Then the product is sourced to multiple manufacturers around the world to determine price, quality and availability. This process takes a lot of time, man-hours and management time.

What makes better sense to shorten and improve the product development lifecycle by starting early in the process to get not only ‘average’ customers but power influencers, like ski professionals, to be engaged in special discussion groups that give provide product insights, new ideas, feedback, and ranking of new product ideas. This Social feedback can be part of the PLM process.

Ford, among other industry leaders, seem to have embraced this philosophy. It has recently embarked on a product social networking effort to engage young people in conversation about its cars and brand. “Everyone has a right to a byte of the action, and we have embraced this might of the byte within Ford, through the use of internal and external social networks,” said Venkatash Prasad, Social Networking Leader at Ford, in an interview with Forbes.

I was talking with a friend of mine who designs high performance bikes for a large bicycle company in California. He said that they are constantly looking at ways to shrink the product design – prototype – reengineering – sourcing – marketing – selling and markdown PLM process. He said that it can take well over a year to find out that the product they designed is too expensive, has performance/design issues, or just doesn’t sell well. By integrating social feedback with select racing pros they sponsor, and community influencers, they could reduce the entire PLM timeline by months, and reduce product mistakes/poor sellers and improve customer satisfaction, and save millions in the process.

PTC is a big PLM software company. They are making a big push to integrate social feedback into quality management. They say their product has a way to bring in key relevant data data on certain products in the design process. My guess is it’s like a Chatter tool that allows instant internal and partner feedback on product designs. Very interesting. I’d like to see their tool and give my opinion about that.

There doesn’t seem to be a lot of companies taking this viewpoint just now, but perhaps I’m not reading/hearing about it. If you are, let me know.
Jeff Sears

Cloudforce NY – Marc Benioff’s Keynote speech

Here at salesforce.com’s Cloudforce NY at Marc Benioff’s (@Benioff) keynote speech. If you were at Dreamforce in San Francisco last August most of this will not be news. I’m here to find out what’s new with salesforce.com and the Social Enterprise.

Marc’s talking about the power of social revolution in the last 3 months. Occupy Wall Street launched and managed by social media, nanny Molly Katchpole’s social media campaing to protest $5 mth fees and ruined BofA’s customer relationship, Netflix misstep in raising pricing forced to retreat due to social feedback.

How do you avoid becoming a social catastrophe? Mobile and Social has now eclipsed PC and web browsing. Facebook time has vastly eclipsed browsing/search. Soical Revolution. Employees forcding an unprecedented pace of change. Lone individuals can make or break your company, your brand, you.

Speed, Open, Collaboration and key. The social reveloion has created a social divide. Customers and employees are social. What about your company and products? HOw can you get to an new level of employee performance? Your products? Your compnay?

How does your enterprise bridge the divide?
What do you do to bridge that divide?
3 steps:
1 – Create Social Profile
2. Create Company social network
3. Create Customer Social network and product social network.

Beware of the false cloud (Oracle & Mainframe). Some confusion in customer base about what is ‘cloud’.

Social Enterprise is inspired by individuals.

Burberry’s Angela Ahrendts, (@AngelaAhrendts) CEO of Burberry is speaking now on their vision of the Social Enterprise. ‘Engage’ the customer, employee, suppliers, partners are key to having a successful business. Angela’s showing how as a bricks and mortar retailer transformed their online presence on their website for customers and for their employees and suppliers/partners how they are improving their communications/collaborations via their Chatter deployment. Angela was talking about launching a new product socially. Not about bricks and mortar anymore.

Marc’s now talking about showing us how to create a Social Enterprise. He talked about how many high touch customer service companies like hotel chains are missing great opportunities to create a customer social profile and use it to delight the customer. Delighting customers is knowing who they are and what they ‘Like”. Using salesforce.com’s data.com pulls public API’s to Facebook, Twitter, LinkedIn, etc to create a customer profile.

Step #1 – Building customer social profile can be easily done with data.com.
Step #2 – Create Employee Social Network – Chatter can be the ‘FaceBook’ for the Enterprise. Leveraging the profiles, what we’re working on, following projects, documents and cross collaboration between teams is critical. All about Social Collaboration

Interview with Max Lespson, one of the founder’s of PayPal about what the future. Big issue is the value of data ‘lost’ inside the Enterprise. Data storage and analytics are key. Agree big time. Product Lifecycle Management could be changed radically to improve produce development through customer feedback in new product development. I’ve been saying this for sometime.

NBC Universal example of how they deploy the Social Enterprise. Basically taking a full CRM approach to their customers and employees.

Chatter is key in collaboration. Email is on its way out. Communcation and document exchange can be done on the Cloud via Chatter.

salesforce.com’s CMO Craig Swensrud going over how Chatter can be deployed between the entire enterprise. Examples:
* Internal communication & collaboration
* Video sharing
* Following
– Cases
– Customers
– Opportunities
* Process approvals
* Internal Crowd Sourcing
* File sharing
* Customer/Partner groups- secure limited groups with outside people, customers, partners can access your data that you want to share.
* Mobile – can be completely deployed via mobile devices.

Marc’s talking about Groupon. Using Salesforce.com, Groupon hired 5,000 sales people and grew to $1.6B in revenue in less than 3 years. Using Sales Cloud, and data.com (Jigsaw)

The CMO of GE Capital is giving her perspective on how GE Capital uses teh Social Network. Internal social network, and now social customer collaboration tool – GE Edge – for CEO/CFO’s to tap into great ideas and connections on new ways to help leverage power of social enterprise in B2B space. They help bring customer’s together to bring equipment and finance. They built their platform in 5 weeks on force.com/Chatter.

Service Cloud – the fasting growing product in salesforce.com portfolio. New release can bring in social feeds like Twitter, YouTube, FaceBook. Customers are posting product questions on FaceBook either their personal page or company page. Service Cloud can pull those questions and feed it to Customer Service team. All key players can have visibility and provide solutions, pulling from the Knowledge Base. Responses can be done on the feed that it came in on i.e. back to Twitter or FaceBook. Service Cloud integrated to Telephony system can Screen Pop the customer’s info, then bring in data from various sources to help Customer Service Agent to deal with real time solutions, including Facetime on mobile device like iPhone to ‘see’ a problem the customer is talking about. Very cool.

Siteforce is the salesforce.com product to build website at the ‘Speed of Social’. Talked about Disney’s Facebook app built on Heroku that ties back into their Salesforce.com suite.

Social Marketing Cloud – Radian6
Social Monitoriing, Insights, Engagement, Hub tool. Building Social media command centers. Now taking it to a new level. Giving a demo on Radian6 on TD Ameritrade and tracking where their customers are located, what sites, demographics and drill down to the individual conversations to see what their customers are thinking about their product in real time. The technology below this is called ‘The Social Hub’.

Social Products – Marc is talking about how Toyota can connect to their cars. Called ‘Toyata Fund’. Service information, gas, information can be pulled up on mobile. Entire dealership and repair network is on the Social Enterprise. Toyota’s CEO is giving a testimonial on how Social Enterprise and the communication and sharing/collaboration with customers, employees, dealers is critical in a huge company like Toyota.

I was anticipating big announcement on Radian6?

Oracle announces new Cloud Offering – Social Network

Oracle held its annual event the Oracle Open World (OOW11) this week and the sparks flew!

Allegedly, Larry Ellison cancelled Salesforce.com’s Marc Benioff’s presentation. Benioff claimed that he was cancelled off at the last minute as an OOW11 keynote speaker. Amidst all this drama, Oracle CEO Larry Ellison took to the OOW11 keynote stage with a vengeance and launched the Oracle Public Cloud and the Oracle Social Network — an internal social network for enterprises with a friendly Facebook-like user interface.

“When you need a cloud, you need a cloud,” said Ellison to the over 45,000 OOW11 attendees. An Infrastructure as a Service (IaaS) as well as an Application as a Service (AaaS), Oracle’s Public Cloud allows users the flexibility of Amazon EC2-like elastic computing.

This means that they can move back and forth from various clouds and data centers to Oracle’s cloud. And like with Amazon EC2 they can expand or shrink their usage as needed. Users would pay a monthly subscription fee and can access various Oracle applications in the cloud like CRM, human capital management, the Oracle Social Network, and so on.

As Benioff gave his keynote next door to a space meant for 80, but filled with 700 people, Ellison took stabs at Salesforce whenever he could.

Such as touting Oracle Social Network’s so-called superior user interface versus that of Salesforce and Oracle Cloud’s support of industry standards versus Salesforce’s proprietary ApexCloud and even calling Salesforce’s cloud fake.

“You can check in but you cannot check out. It is not a good thing,” said Ellison. “Beware of false clouds! Salesforce is a false cloud. It’s good for Salesforce but not for you,” he said. Next door, Benioff had done the same a few hours earlier, calling Oracle’s cloud “false” as well.

It is still too early to tell. But apart from being thoroughly entertained, few in the audience seemed impressed. “Oracle is merely playing catch up,” said a Silicon Valley cloud expert with a prominent PaaS provider.

Steve Jobs – RIP – Alchemist of technology

I lived and worked in Silicon Valley during the exciting period of 1983-2006. I was surrounded by brillant people in technology who changed the world. None more great, more visionary that Steve Jobs. I attended several MacWorlds and watched him speak. Mesmerized by his vision, genius and hubris. No other tech leader inspired so many to do so many great things. I am a huge fan and now own all his Apple products and Pixar movies which have made my life much more enjoyable. He was a great Alchemist – turning plain boring products like phones and tablets into wonderfully life enhancing golden toys.

Thank you Steve and all the people who worked with him to make the world a more interesting, connected and fun place to live.

Jeff Sears

Achieving The Social Enterprise through Change Management Strategies

Change is inevitable in life as it is in business.
History is littered with the carcasses of those who failed to adopt to change, both in business and life. Can you believe what happened to the Iron Curtain 70 years of communism…gone in a blink of an eye, Arab Spring (dictators gone after 40 years of tyrannical rule), and in business, Apple has crushed Nokia, Microsoft, Dell and numerous other market leaders, just as Borders Books collapsed because they couldn’t figure out a way to compete with Barnes & Noble, let alone Amazon. Change will happen. Email, Internet, and now Social Media. All game changing plays. Who could have guessed that FaceBook would have grown to be a $50B company? Remember MySpace, how about Friendster? The bottom line is that your business and personal life are going to change. Are you ready? Do you have the tools to survive and prosper? Social Media is changing the way people interact with each other and the way business interact with their customers, employees and partners.

There’s been a lot of buzz since Marc Benioff announced at Dreamforce in San Francisco last month about the new direction of Salesforce.com embracing of what they call ‘The Social Enterprise’. Some call it Enterprise 2.0 (or Web 2.0, etc). Regardless of what you call it, I have been advocating this kind of holistic approach in leveraging Social Media tools to create a new way of sales, marketing, and customer service and even a whole new way of thinking about all the aspects of your business – supply chain, partners, communications, customers, HR, finance, etc. It’s all in play with Cloud based Social Media applications that allow collaboration and communication and insights to vast amounts of data that was impossible previously.

First, to clarify, for those who don’t understand the true impact of the expanse of ‘The Social Enterprise’ it can affect truly most any aspect of your business now.  Of course there is the obvious places to leverage Social Media tools around marketing messaging (Twitter and Facebook) and social feedback using any number of social media listening tools out there like Radian6, InTTensity, or BuzzMetrics.  The next logical step is to bring in the sales activities to include social media prospecting through tools like LinkedIn, Viadeo, Xing and client interaction. You can also use a number of social tools in the internal collaboration (Chatter, Jive) crowd-sourcing and HR functions (Concur and Workday) and Social Recruiting tools (xyzCo & Workopolis) which some call the Job Cloud. There’s also Social Supply Chain Sourcing (Kenandy) and Partner Portals for collaboration.  Effectively, the entire value chain can be enveloped into using Social Media to improve communication and collaboration. In fact, I just had a great conversation with an old friend of mine who manages the supply chain forecast group for a giant toy retailer. He was telling me that they could have much more accurate forecast for fast moving categories like Harry Potter toys by being able to integrate Social Media feedback about when people start trending up and down in their social conversations about the Harry Potter merchandise and how that would impact demand, mark-down strategies and supply chain/logistics responses. So the Social Enterprise is much more than just having a product page on Facebook or even tracking customer complaints via Twitter.

So, how does a small to medium enterprise, let alone a large enterprise manage to incorporate all these rapid changes in the way we are doing our job. These powerful tools bring opportunities and disruption to the business processes and day to day activities. How does one leverage these tools without wasting time. How does a manager manage the use of the new social media tools without being too restrictive or unnecessarily restricting employees right to communicate.

The introduction of social media into organizations needs to fit into their general strategy and you need to have executive buy-in. In many companies there are now plenty of people who belong to the digital natives generation. Should there be a Chief Social Officer who is in charge for promoting the use of social media in all aspects of work and customer engagement? How do you effectively create a culture of change to bring in the new tools that Social Media offers without being too disruptive?

Why Most Social Media Change Campaigns Fail

According to Todd Pitt*, here are common ways initiatives, projects and campaigns fail -
• Failure to have a change management team or plan
• Failure to integrate change management and project management
• Staffing the wrong people on the change management team (coalition)
• Selecting the wrong enterprise social software solution
• Failing to recognize when a custom software solution must be built
• Lack of organization wide training and education on social media
• Failure to create enterprise level social media guidelines and policies
• Lack of resources, staffing and funding for the change initiative
• Lack of change sponsorship in general
• Lack of propensity to see the change through to fruition
• Failure to develop a long term strategy
• Political obstacles, barriers and debacles
• Change manager is seated too low in the organization, is on the wrong
team or in the wrong silo
• Failure to staff permanent positions in support of enterprise SM services
• Staffing only interns or volunteers to run social media change campaigns

Managing Change to the Social Enterprise

Media Change Managers Gain and Maintain Top Cover

You will fail in your enterprise social media campaign if you do not have adequate top cover (executive sponsorship). The Social Enterprise represents a massive culture change, a dramatic shift towards openness, sharing, acting as peers and openness facilitated by a social software. Unfortunately, not every executive or manager learns how to share information, communicate well, work collaboratively, be open and transparent (sometimes it may not be in their personal interest). But with all of the recent press, media buzz, marketing hype about social media it is not really hard to gain top cover in the beginning. It is much harder to maintain, then it is to gain it initially.

If you want to effectively lead a social media changes in a business, you are going to have to do it by leading from the front, socially. You have to know both yourself, the history and the culture of organization.

Communicate Effectively With Change Champions and Leaders
Most companies still operate primarily on email. You will have to learn when to write a blog post, when to send out a quick microblog (i.e. twitter or yammer), when to email everyone, just the leadership, a limited team, or tailor communications to specific individuals. Most of all you have to know when to pick up the phone and what communication modes will get the most efficient response to make change happen. Different teams, departments and key players will have different communication preferences. Know when it is time to pickup the phone, have a meeting or make the walk to their office to get what you need done in the right time frame. Figure out quickly what communication medium is going to most effectively mitigate your risk or solve the problem rapidly.

Manage Expectations From The Beginning
The expectations of organizations and their leaders is high when it comes to social media. Many of them will honestly believe that they are ready to dive straight in to the Social Enterprise, when they don’t even know what it is! Project managers and core stakeholders will view the rollout of your enterprise social software as if it is like the deployment of every other information technology product or process change they have experienced in the past. Show them other case studies that will distinguish it and prove how it is different

Train Early, Educate Informally
A sure way to have your Social Enterprise change campaign go directly south and fail is to under train or not bother to invest in educating your organization about social media. If employees do not have a strong understanding of social media tools, how can they figure out how to integrate them into products, services, processes or adopt them in daily work? If people cannot grasp the concept of a culture of openness, they will not be able to create or participate in one. Be sure very early on that you develop strong ties to the training or e-learning team, because they represent one of the greatest forces for organizational change awareness of education. Get that social media 101 course development started and
running in parallel with the campaign creation as soon as possible. Place an emphasis on informal social experiential
learning while the courses are developed in order to bridge the gap

* Todd Pitt, Zero Strategist, Social Media Change Management Trends & Tips, 03/01/2010.
Prosci Global Conference, April 25, 2010, Las Vegas, Nevada.

44% of companies track employees’ social media use in AND out of the office

I just read about a new survey that has just been released that shows how companies approach social media in the workplace with some pretty surprising findings. When you work in a more open and flexible company, it’s easy to forget that many people, particularly in larger organisations, are subject to fairly intense monitoring or policing of access to social networks. And, somewhat worryingly, the policies adopted towards use of social media don’t just apply to the workplace, but outside of it as well.

44% companies have policies for use of Social Media

In the companies surveyed, 44% said that they had policies in place for use of social media that covered use both in and out of the workplace. Further to this, less than half the businesses in the survey said that they gave access to social media for all employees. While this is a difficult subject to broach and there is by no means a right and wrong answer, it nonetheless contributes to an unfair split in the level of access to information and connections.

71% block social networks in the workplace

To show just how extreme monitoring social networks has become, a staggering 70.7% claimed that they actively blocked social networks in the workplace. This is a huge figure and is somewhat surprising, given how pervasive social media has become in our daily lives. And while many may see this as justified, viewing social network use as something purely private, such blocking seems almost archaic:

The Impact on Corporate Employee and lost opportunities of the Employer?

So the question is are companies losing huge opportunities to leverage Social Media information that will improve the lives of their employees and increase productivity. Why not block private emails, phone calls, personal cell phone calls? With the monitoring of personal post on Social Media, to ensure that the employee isn’t slandering their brand or saying bad things about a boss, has this gone to far? What are the privacy rights to employees? Will this launch a free speech lawsuit? I’m sure we’re in for some interesting times if companies continue to take a negative view on humans levering the social media tools to gain access to their personal lives. What about LinkedIn? That’s a great source for business connections, but there are also personal aspects there too. Many of us have developed numerous business opportunities using this tool. So why is that so different from Facebook? What about Twitter? Twitter can have mindless drivel but also great ways to Tweet interesting ideas and links to your friends and business colleagues. Who is the Social Media ‘Decider’.

If you’re taking this approach in your company, I would suggest you are going down the wrong direction. I recall companies doing the same thing when personal email first became widespread in the early-mid 90′s. Companies didn’t want their employees accessing outside communications. But how can they stop this? People need to be Social in order to be happy. Whatever small gains in productivity that you might capture, you’re losing in employee morale. My advice, keep your employees happy and keep them Social.

 

Can business Social Media programs have measurable ROI?

There has been a lot of buzz in the last 6 months on how to successfully measure online marketing and social media campaigns. Measuring social media is now an expectation that marketers need to deliver on. While a universal engagement metric has yet to be agreed upon there are still a number of effective ways to measure engagement and ROI in general. But according to the report from Bazaarvoice, most CMO’s predict that they will be able to start accurately measuring ROI this year. Many marketers have found that the reality of measuring social is still elusive compared to the expectations for their actual ability to accurately measure it.

Some providers of Social Media listening platforms suggest that there are some standard metrics that should be used like how many site visits your social media activities generated and how many of your social media contacts converted on your site. Or tracking the mentions of a brand in user-generated content before, during and after a campaign. Then isolate positive words associated with a particular brand and gauge the number of times they were used over a period of time. Alternatively, you could sort all posts mentioning a particular brand or topic by number of comments or views to uncover the top 50 discussions where engagement was the highest.

The problem lies in trying to tie various sales and marketing platforms and the metrics you’re using in a cohesive manner that makes sense to the ultimate decision makers – SVP Sales, CFO’s, CMO’s and CEO care about: sales (units sold), revenue and cost.

According to Nicole Kelly, publisher of FullFronalROI.com, there are three primary goals with any marketing activity: brand awareness, customer retention and lead generation. Each of these goals comes with a unique set of metrics that tie to sales, revenue and cost.

Brand Awareness:
• Cost Per Impression
• Cost Per Click
• Cost Per Engagement
• Cost Per Site Visit

Customer Retention:
• Customer Retention Rates
• Average Revenue Per Purchase
• Average Units Per Purchase
• Average Transactions Per Customer
• Lifetime Value of a Customer

Lead Generation:
• Cost Per Lead
• Cost Per Subscriber
• Cost Per Sale
• Average Revenue Per Sale
• Average Units Per Sale
• Conversion Rate of Leads

We also can’t ignore the unspoken push/pull between the sales & marketing team who also want to know what the quality of social leads in conversion to closed deals vs deals generated by direct sales efforts.

So when creating and measuring your social media efforts, you have to put them in the context of what matters most to execs who are held to delivering revenue, customers and costs containment; but understand that it’s all about creating value for your customers, your products or services and partners with every tweet, post or yammer.

Keeping it Social!

Marc Benioffs Social Enterprise speech

Marc Benioff\’s Key Note \”Welcome to the Social Enterprise\” at Dreamforce 2011

Here at Dreamforce in San Franciso listening to Marc Benioff giving his vision on The Social Enterprise. This last year Social Media rapidly changed the way business and customers connect. It’s about using social connections and customer data to understand how to improve your value to your customers.

Marc referenced the Arab Spring and how that changed the world and defeated dictators. Are we also in a “Business Spring?” Look at Groupon, they exploded into a $ billion company using the Social Coupon, instantly disrupting and changing the retail promotion business.

How do you create the Social Network?
Using a collaboration platform with a tool like Chatter can enhance the knowledge and value sharing amongst customers, employees, and partners creates a more powerful, innovative business and will create a competitive advantage.

New product announcement – Chatter Now & Chatter Connect. Instant messaging, desktop sharing and integration with other platforms like Sharepoint and Lotus Notes. Also can stream 3rd party data like expense report approval. Is this a replacement of email? Perhaps. But more likely another tool like Facebook that you rely on to understand your business social network, much like you check your Facebook site to know what family and friends are doing and what they like.

Chatter has file sharing and bringing in web pages and into mobile. New version of Chatter mobile for iPad, and Android too. Big thing is collaborating with customers like Facebook with their documents and special groups that are closed and secure to outsiders or unauthorized people.

New product announcement – Data.com
automatically pulls social profile data about contacts into the Sales Cloud. Very cool! Now you don’t have to spend time researching this information about a prospect. One button an it’s in front of you in your Contact profile.

Of course the biggest new product announcement Is around their new Social Listening tool – Radian6 and platform – Heroku. They demoed how Disney is using Radian6 to understand what their customers are talking about. What delights and disappoints them and change their business and marketing plans.

Biggest idea – the Social Product! Angela Ahrendts, CEO of Burberry talked about how they’ve created a Social Enterprise to improve their brand and customer experience. Toyota “Friend” Social Enterprise integrated all their customers into their business, brand, dealers and even the vehicles themselves! The car will give you updates to your social network – sends you tire pressure, service reminders, gas level, etc. Coke has created smart vending machines that can track your purchases via mobile device and build better customer likes and dislikes. Very cool!

It’s all about The Social Enterprise! I’m looking forward to seeing how receptive CEOs, CMO’s, Sales & Mktg Execs vs CIOs will be to this new way of doing business.