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Thursday, March 22, 2007 |
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Jon Husband of Wirearchy and Lee Bryant of Headshift, have recently put in a lot of thought on Enterprise 2.0 ... "Will we see more written about what will probably come to be called
Management 2.0 ? No doubt. Will there be massive struggles with this
new set of conditions and ongoing resistance to coming to terms with
these dynamics ? No doubt. Will resisting and ignoring and denying
work? Maybe for the short term, but these new conditions are not
going away ... and I posit that the issues engendered by linked
interconnected bottom-up activities will necessitate significant amount
of unlearning and re-learning, notably in the enterprise setting." Jon Husband And Lee, building on Euan and Dion Hinchcliffe's recent posts on Enterprise 2.0 writes:On the technical level, the integration challenges are non-trivial:
But the integration of people, practise and (dare I say) process is even harder, with challenges such as:
I'd like to add another dimension to this conversation, which was triggered by presentations and comments I heard at the IAMAI Digital Marketing Summit last week in Mumbai. All pointing to the fact that there is immense potential for web 2.0 or social media (call it by whatever name you wish) in Marketing. In particular, I liked what Ajit Balakrishnan of Rediff had to say - here's the gist ... I may have missed a few words: "Bloggers are our new gatekeepers of information. Journalists are hesitant to write up stories, unless bloggers are already talking about it. We get real news from the bloggers -- everything else is a press release. Smart marketers need them" Rajiv Dhingra, who it was a pleasure to meet, summarizes the summit: "The conclusion was similar to all the previous discussions and in fact this is to be noted - Marketers are now asking other media and medium what is the ROI! ...and thus concluded the IAMAI Digital Media Conference 2007. I wish there were more marketers and especially FMCG product brand managers who had attended this conference because itís the offline world which needs to know that it is time to start switching online." It's encouraging to hear marketers talk of blogs and social networking and building communities online, however, like Rajiv, I heard many unspoken doubts on Return On Investment (ROI) from such engagements. Its a question I raised at the summit. Is the industry doing anything to develop metrics to measure impact? Are they talking to bloggers about it? Simple answer - NO.I know ROI is an obsession with marketers, and we would fail in our jobs as consultants in this area, if we did not address them. We've done the first part of our jobs by getting the words 'blog' and 'online communities' into the lexicon of marketers. They have some sense of what these can do. We can talk of benefits of corporate blogging, evangelism, influence on brand perceptions, using these tools to empower your customers to become your marketers. We can hold their hands on how to set these up for their companies. There's been some good thinking by Charlene Li at Forrester in October 2006 on ROI of blogging. But do we have a model in place yet? Are we giving them more tangible, quantifiable metrics, the equivalent of or alternatives to GRPs and cost-per-clicks? Are we doing enough, in the area of showing them ways to manage risks involved ? How are we helping them 'market' social media internally to their VPs and CEOs who often tend to be older, more rigid, more in fear of giving up control. Leaps of faith aren't always easy to achieve from organizations without any estimation of how it can affect bottomline. Bottom-up or top-down, as much as we want 'them' to speak our language, 'we' need to speak their's too. I was chatting with Veer and Rajiv at the summit, and I do believe it is time to get bloggers and advertisers/marketers together into a discussion on how this can come about. This isn't just an India issue, I know many of my blog buddies in other parts of the world are grappling with these concerns too. Any takers? Suggestions? Update: [link via Dave Winer - Nicholas Carr talks about two studies that provide some data on adoption of six prominent Web 2.0 tools - blogs, wikis, podcasts, RSS, social networking, and content tagging. "Although Forrester didn't break out adoption rates by tool, it did say that CIOs saw relatively high business value in RSS, wikis, and tagging and relatively low value in social networking and blogging." Read more at Nicholas Carr's blog.] 12:55:08 PM  comment [] trackback []
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Copyright 2009 Dina Mehta
