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The Age of CAT
   Social Media Workshop | N.Anagnostou – V.Goulandris

     CEO & CSR Money Conference 2010
Agenda
Social Media: What is & how to
CSR & Social Media: The relation
The BP oil spill case
About Strategies
The CSR Adoption Ladder


          CEO & CSR Money Conference 2010
The New Drivers of Change
Ubiquitous connectivity (4bill mobile phones, 1,5 bill
internet users)
Collective consciousness (moulded through
globalization, shared through social networks, enhanced
through open collaboration)
Multiple identities (your employee may well be a
member of your NGO adversary)
Convergence (and messages spreading across
media, devices, platforms, even cultures)
The Open Source Paradigm

                  CEO & CSR Money Conference 2010
CEO & CSR Money Conference 2010
What is social media
 Social media and networks refers mainly to
content that citizens create via free-to-use
online tools and platforms, the aim being to
share views, opinions, experiences etc with
people they select to connect with.

 “Democratization” of the public space; the end
of the hierarchical relationships and mediators,
the rise of informal networks, new forms of
interaction, self organization and self definition
of communities.

 Transparency & Accountability: Core
promise of a networked society.

              CEO & CSR Money Conference 2010
Conversation Prism
Blogs
Social Networks
Media Sharing
Social Bookmarking
Microblogging
Wikis
Forums
Widgets
etc




                     CEO & CSR Money Conference 2010   Graph by Brian Solis
CEO & CSR Money Conference 2010
Principles of participation
Conversations - WoM

WOM viral spreading

Trust – Reputation - Fame

Influencer involvement

Relationship Building - Communities

          CEO & CSR Money Conference 2010
"Think of social media as a cocktail party.
 "Think of social media as a cocktail party.
You don't go into the cocktail party and go into
 You don't go into the cocktail party and go into
the middle room and scream at the top of your
 the middle room and scream at the top of your
lungs and say, 'Buy my products.' … What
 lungs and say, 'Buy my products.' … What
works is you have some meaningful
 works is you have some meaningful
conversation first.
 conversation first.
And that's just how social media works."
And that's just how social media works."
                        David Spark, San Francisco.
                         David Spark, San Francisco.




          CEO & CSR Money Conference 2010
CSR: Business as usual?
• Stakeholders demand that the company they support
  has business practices that positively impact society
  while achieving financial success.
• The performance of a company is based on the "triple
  bottom line" or "sustainable" approach - social,
  environmental, and financial data
• Largely a self-regulating mechanism but governance
  issues increasingly creep in (e.g. financial markets, food
  etc)
• CSR embraces two main concepts: accountability and
  transparency.



                  CEO & CSR Money Conference 2010
CSR: What is not…
Charity & donations, Annual Reports that
no-one reads, advertising your good deeds,
tacky messages, inconsistent behavior,
lack of truthful communication,
underestimating your audience, a…


                        Fake
             CEO & CSR Money Conference 2010
CSR: What is…
A responsible citizen, an active member of
society which assists in advancing its values
and strengths, which listens and debates
earnestly, which respects people and is...


            Authentic
             CEO & CSR Money Conference 2010
The common ground



            Transparency
Social           &                         CSR
Media       Accountability




         CEO & CSR Money Conference 2010
For all Stakeholders
                   Interest
                   Groups

    Media          Suppliers             Fan
                                         Clubs

            POS     Co         Staff

                                         Govt
    NGOs          Shareholders         regulators
                                                    Engage   Identify


                    Local
                  communities
                                                     Plan    Analyse


                  CEO & CSR Money Conference 2010
Communication beyond advertising




           CEO & CSR Money Conference 2010
The BP Case




                 BP according to users
CEO & CSR Money Conference 2010   Images from brandtags.net
Brandjacking
where it hurts
most…

…your brand




                 CEO & CSR Money Conference 2010
CEO & CSR Money Conference 2010
Re: BP buys search engine share of
                attention spending > $10,000/day
                on Google Adwords

CEO & CSR Money Conference 2010
CEO & CSR Money Conference 2010
Can you hide?

Information is abundant, realtime.
Social media allows user
collaboration in crises.




                      CEO & CSR Money Conference 2010
Can you hide?
   ◄Put this widget
   on your site




       Campaign ►




  CEO & CSR Money Conference 2010
Strategies
 CEO & CSR Money Conference 2010
Strategy First
    Tools follow




CEO & CSR Money Conference 2010
The CSR 2.0 Adoption Ladder



                           Fly                 Align & Change

                         Run             Engage & Energize

                      Walk        Communicate & Connect

                   Crawl        Listen & Broadcast (CSR1.0)




             CEO & CSR Money Conference 2010
What you can do…
Employees: Ambassador power, let them co-create your
policy, identify leaders and laggards, induce motivation and
pride.
Customers: Find what makes them tick, identify their own
networks and interests, listen to them, share your policies,
open the window.
Investors: Explain-explain-explain, there is never enough
info, address their concerns and answer their questions
before they are voiced.
NGOs: Tap into knowledge you don’t have, networks you
don’t own, innovative ideas you can’t produce

                 CEO & CSR Money Conference 2010
The CSR 2.0 Adoption Ladder




                                    Listen
                   Crawl              &
                                   Broadcast

             CEO & CSR Money Conference 2010
Broadcast…




CEO & CSR Money Conference 2010
Broadcast…




CEO & CSR Money Conference 2010
LISTEN




         CEO & CSR Money Conference 2010
The CSR 2.0 Adoption Ladder




                           Communicate
                      Walk     &
                             Connect


             CEO & CSR Money Conference 2010
Blog on CSR Policy




                     CEO & CSR Money Conference 2010
Branded microsite,
blog & forum
on CSR Policy

(did not save them
from the known
social media fail case!)




                           CEO & CSR Money Conference 2010
The CSR 2.0 Adoption Ladder




                                       Engage
                         Run              &
                                       Energize




             CEO & CSR Money Conference 2010
Social applications




  CEO & CSR Money Conference 2010
Energizing & mobilizing society




        CEO & CSR Money Conference 2010
CEO & CSR Money Conference 2010
A community connecting
                      businesses with stakeholders
                      Brainstorm on ideas for change




CEO & CSR Money Conference 2010
Don’t invent the wheel…




                         DIY grassroots activism




        CEO & CSR Money Conference 2010
Don’t invent the wheel…




   The “karma” of location based cause marketing ►




               CEO & CSR Money Conference 2010
The CSR 2.0 Adoption Ladder


                                         Align
                           Fly             &
                                        Change




             CEO & CSR Money Conference 2010
Doing well by doing good…




      CEO & CSR Money Conference 2010
Change starts from within…




  140.000 IBM employees participated online to the biggest
       brainstorming session ever made to co-decide
             the future strategy of the company

                CEO & CSR Money Conference 2010
Yes, there is a ROI…*
             “Social Media Investment…
                   leads to an Action,
               that creates a Reaction,
                     which delivers
               a Non-Financial Impact,
                 that may ultimately…
             …cause a Financial Impact.”
Quote from Evo Terra                    *…but that’s another presentation!


                       CEO & CSR Money Conference 2010
“Reforming management into a discipline
which captures the relevant complexities of
society, translating critical issues into
business action, while aligning profits with
welfare, and thereby maximising the
potential of capitalism – that is a far more
demanding agenda than the exercises
promoted by mainstream CSR.”
        Rolf Lunheim, Norwegian University of Science and Technology


                CEO & CSR Money Conference 2010
Credits
•• Cat:http://www.flickr.com/photos/tambako/2473970479/
   Cat:http://www.flickr.com/photos/tambako/2473970479/
•• Moon Ladder: http://www.flickr.com/photos/preef/2782284370/
   Moon Ladder: http://www.flickr.com/photos/preef/2782284370/
•• Magnet: http://www.flickr.com/photos/61398524@N00/3776988868
   Magnet: http://www.flickr.com/photos/61398524@N00/3776988868
•• Post-it: http://www.flickr.com/photos/flatcat/3555774083/
    Post-it: http://www.flickr.com/photos/flatcat/3555774083/
•• Lobster cat: http://www.flickr.com/photos/sistermaryeris/2314000696/sizes/l/
    Lobster cat: http://www.flickr.com/photos/sistermaryeris/2314000696/sizes/l/




                        CEO & CSR Money Conference 2010
Welcome to the Age of Corporate
 Accountability & Transparency
         http://scicada.com

         CEO & CSR Money Conference 2010

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Social Media/CSR workshop

  • 1. The Age of CAT Social Media Workshop | N.Anagnostou – V.Goulandris CEO & CSR Money Conference 2010
  • 2. Agenda Social Media: What is & how to CSR & Social Media: The relation The BP oil spill case About Strategies The CSR Adoption Ladder CEO & CSR Money Conference 2010
  • 3. The New Drivers of Change Ubiquitous connectivity (4bill mobile phones, 1,5 bill internet users) Collective consciousness (moulded through globalization, shared through social networks, enhanced through open collaboration) Multiple identities (your employee may well be a member of your NGO adversary) Convergence (and messages spreading across media, devices, platforms, even cultures) The Open Source Paradigm CEO & CSR Money Conference 2010
  • 4. CEO & CSR Money Conference 2010
  • 5. What is social media Social media and networks refers mainly to content that citizens create via free-to-use online tools and platforms, the aim being to share views, opinions, experiences etc with people they select to connect with. “Democratization” of the public space; the end of the hierarchical relationships and mediators, the rise of informal networks, new forms of interaction, self organization and self definition of communities. Transparency & Accountability: Core promise of a networked society. CEO & CSR Money Conference 2010
  • 6. Conversation Prism Blogs Social Networks Media Sharing Social Bookmarking Microblogging Wikis Forums Widgets etc CEO & CSR Money Conference 2010 Graph by Brian Solis
  • 7. CEO & CSR Money Conference 2010
  • 8. Principles of participation Conversations - WoM WOM viral spreading Trust – Reputation - Fame Influencer involvement Relationship Building - Communities CEO & CSR Money Conference 2010
  • 9. "Think of social media as a cocktail party. "Think of social media as a cocktail party. You don't go into the cocktail party and go into You don't go into the cocktail party and go into the middle room and scream at the top of your the middle room and scream at the top of your lungs and say, 'Buy my products.' … What lungs and say, 'Buy my products.' … What works is you have some meaningful works is you have some meaningful conversation first. conversation first. And that's just how social media works." And that's just how social media works." David Spark, San Francisco. David Spark, San Francisco. CEO & CSR Money Conference 2010
  • 10. CSR: Business as usual? • Stakeholders demand that the company they support has business practices that positively impact society while achieving financial success. • The performance of a company is based on the "triple bottom line" or "sustainable" approach - social, environmental, and financial data • Largely a self-regulating mechanism but governance issues increasingly creep in (e.g. financial markets, food etc) • CSR embraces two main concepts: accountability and transparency. CEO & CSR Money Conference 2010
  • 11. CSR: What is not… Charity & donations, Annual Reports that no-one reads, advertising your good deeds, tacky messages, inconsistent behavior, lack of truthful communication, underestimating your audience, a… Fake CEO & CSR Money Conference 2010
  • 12. CSR: What is… A responsible citizen, an active member of society which assists in advancing its values and strengths, which listens and debates earnestly, which respects people and is... Authentic CEO & CSR Money Conference 2010
  • 13. The common ground Transparency Social & CSR Media Accountability CEO & CSR Money Conference 2010
  • 14. For all Stakeholders Interest Groups Media Suppliers Fan Clubs POS Co Staff Govt NGOs Shareholders regulators Engage Identify Local communities Plan Analyse CEO & CSR Money Conference 2010
  • 15. Communication beyond advertising CEO & CSR Money Conference 2010
  • 16. The BP Case BP according to users CEO & CSR Money Conference 2010 Images from brandtags.net
  • 17. Brandjacking where it hurts most… …your brand CEO & CSR Money Conference 2010
  • 18. CEO & CSR Money Conference 2010
  • 19. Re: BP buys search engine share of attention spending > $10,000/day on Google Adwords CEO & CSR Money Conference 2010
  • 20. CEO & CSR Money Conference 2010
  • 21. Can you hide? Information is abundant, realtime. Social media allows user collaboration in crises. CEO & CSR Money Conference 2010
  • 22. Can you hide? ◄Put this widget on your site Campaign ► CEO & CSR Money Conference 2010
  • 23. Strategies CEO & CSR Money Conference 2010
  • 24. Strategy First Tools follow CEO & CSR Money Conference 2010
  • 25. The CSR 2.0 Adoption Ladder Fly Align & Change Run Engage & Energize Walk Communicate & Connect Crawl Listen & Broadcast (CSR1.0) CEO & CSR Money Conference 2010
  • 26. What you can do… Employees: Ambassador power, let them co-create your policy, identify leaders and laggards, induce motivation and pride. Customers: Find what makes them tick, identify their own networks and interests, listen to them, share your policies, open the window. Investors: Explain-explain-explain, there is never enough info, address their concerns and answer their questions before they are voiced. NGOs: Tap into knowledge you don’t have, networks you don’t own, innovative ideas you can’t produce CEO & CSR Money Conference 2010
  • 27. The CSR 2.0 Adoption Ladder Listen Crawl & Broadcast CEO & CSR Money Conference 2010
  • 28. Broadcast… CEO & CSR Money Conference 2010
  • 29. Broadcast… CEO & CSR Money Conference 2010
  • 30. LISTEN CEO & CSR Money Conference 2010
  • 31. The CSR 2.0 Adoption Ladder Communicate Walk & Connect CEO & CSR Money Conference 2010
  • 32. Blog on CSR Policy CEO & CSR Money Conference 2010
  • 33. Branded microsite, blog & forum on CSR Policy (did not save them from the known social media fail case!) CEO & CSR Money Conference 2010
  • 34. The CSR 2.0 Adoption Ladder Engage Run & Energize CEO & CSR Money Conference 2010
  • 35. Social applications CEO & CSR Money Conference 2010
  • 36. Energizing & mobilizing society CEO & CSR Money Conference 2010
  • 37. CEO & CSR Money Conference 2010
  • 38. A community connecting businesses with stakeholders Brainstorm on ideas for change CEO & CSR Money Conference 2010
  • 39. Don’t invent the wheel… DIY grassroots activism CEO & CSR Money Conference 2010
  • 40. Don’t invent the wheel… The “karma” of location based cause marketing ► CEO & CSR Money Conference 2010
  • 41. The CSR 2.0 Adoption Ladder Align Fly & Change CEO & CSR Money Conference 2010
  • 42. Doing well by doing good… CEO & CSR Money Conference 2010
  • 43. Change starts from within… 140.000 IBM employees participated online to the biggest brainstorming session ever made to co-decide the future strategy of the company CEO & CSR Money Conference 2010
  • 44. Yes, there is a ROI…* “Social Media Investment… leads to an Action, that creates a Reaction, which delivers a Non-Financial Impact, that may ultimately… …cause a Financial Impact.” Quote from Evo Terra *…but that’s another presentation! CEO & CSR Money Conference 2010
  • 45. “Reforming management into a discipline which captures the relevant complexities of society, translating critical issues into business action, while aligning profits with welfare, and thereby maximising the potential of capitalism – that is a far more demanding agenda than the exercises promoted by mainstream CSR.” Rolf Lunheim, Norwegian University of Science and Technology CEO & CSR Money Conference 2010
  • 46. Credits •• Cat:http://www.flickr.com/photos/tambako/2473970479/ Cat:http://www.flickr.com/photos/tambako/2473970479/ •• Moon Ladder: http://www.flickr.com/photos/preef/2782284370/ Moon Ladder: http://www.flickr.com/photos/preef/2782284370/ •• Magnet: http://www.flickr.com/photos/61398524@N00/3776988868 Magnet: http://www.flickr.com/photos/61398524@N00/3776988868 •• Post-it: http://www.flickr.com/photos/flatcat/3555774083/ Post-it: http://www.flickr.com/photos/flatcat/3555774083/ •• Lobster cat: http://www.flickr.com/photos/sistermaryeris/2314000696/sizes/l/ Lobster cat: http://www.flickr.com/photos/sistermaryeris/2314000696/sizes/l/ CEO & CSR Money Conference 2010
  • 47. Welcome to the Age of Corporate Accountability & Transparency http://scicada.com CEO & CSR Money Conference 2010