Social Business Summit 2011, London - some thoughts
Friday, March 25, 2011 at 2:38PM
JP Rangaswami, Chief Scientist of Salesforce.com reminded us that business has always been social and that social business is about remembering what we've forgotten. "We engineered the social out of business and now we need to bring it back." I'm not sure how effective the current tools will be at doing this but I wouldn't argue with the sentiment.
John Hagel, management consultant, writer and co-founder of the Deloitte Center for Edge Innovation expanded on his recent research and argued that we are moving from a world of diminishing returns into a world of increasing returns through the power of collaborative networks. While the idea of reduced transaction costs and friction brought about through networked companies/people is not particularly new, John gave some good examples of how this is working in practice. "Change management is most successful when it starts at the edge not the core of the organisation". John wins the "No PowerPoint" award for his talk - not a slide in sight.
Stuart McRae, Executive Collaboration Evangelist at IBM, talked about the IBM Jams that have taken place over the last 10 years and helped the company clarify its core aims as well as drive innovation through networked discussions. Stuart asked an interesting question, "Is social software an aspirin or a vitamin pill?". His conclusion was that to generate interest in social software you need to identify a problem in the organisation and offer a solution. This is similar to John Hagel's point that you need to identify pain points and then work out the metrics you will use to determine whether the solution has been successful.
Dion Hinchcliffe, Senior Vice President at Dachis Group showed some interesting slides about where social technologies are heading and made the point that "technology is changing faster than companies can keep up". This is certainly an opportunity for companies like Dachis which can help organisations navigate their way through the confusion.
Lee Bryant, Headshift co-founder, wrapped up the day by talking about the importance of data to improving business performance and built on the points made previous speakers. I liked his point about exposing companies to the "fresh air of customer insight" through greater interaction and listening.
UPDATE: Jim Worth's wiki of the event has lots of links to pictures and blog posts for those interested.
collaborative tools,
dachis,
headshift,
sbs2011 

