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Dow Jones 08h30 on 24.02.2010 Riding the Wav Social Media, the CEO and the Death of Top-Down Communications

Fleishman Hillard Riding The Wave Presentation To Dow Jones February 2010

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Follows the meta-trends of collapsing trust and self-publishing, then shows how top-down communications is dead. Simple advice for getting started in social media.

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Page 1: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

Dow Jones 08h30 on 24.02.2010

Riding the Wave

Social Media, the CEO and the Death of Top-Down Communications

Page 2: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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> three wave set– Trust Evaporated– Revolution No. 5– Command & Control Dead

Explore the amazing surf photographs of Clark Little

Page 3: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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in one generation the nature of trust has changed irrevocably

Page 4: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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Page 5: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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but Tony from Strathfield is believable

Page 6: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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If Facebook were a country, it

would be the 8th most populated in the world, just ahead of Japan.

More than 6 million Australians visited Facebook in June 2009

Page 7: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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Only of people trustadvertisements

14% of people trust the recommendations of their peers

78%

{One-Way} {Conversation}

Nielsen, “Trust in Advertising” Oct. 2007

Page 8: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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Very high/ High %

Nurses 84Druggists, pharmacists 73Veterinarians 71Medical doctors 69Dentists 62Engineers 61Clergy 58College teachers 58Policemen 54Psychiatrists 38Bankers 37Chiropractors 36Journalists 26State governors 22Business executives 18Lawyers 18Stockbrokers 17Senators 15Congressmen 14Insurance salesmen 13HMO managers 12Advertising practitioners 11Car salesmen 7

Gallup Poll. Dec. 8-10, 2006. N=1,009 adults USA nationwide. MoE ± 3.

rate the honesty and ethical standards of people in these fields

Page 9: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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o Armed forces +43%o NGOs +27%o Education system +26%o Health system +17%o Trade unions/labor +2%o Legal system -2%o Global companies -9%o Large national companies -10%

Accenture The Business of Trust, World Economic Forum “Voice of the People Forum”* Net Rating = % trust - % distrust

trust to operate in society’s best interest

Page 10: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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trust me

Page 11: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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People trust brands that build a personal relationship

Blogs

Social Networks

Online Communities

Radio

Online Brand Content

TV

Search

Rewards Programs

Mobile Marketing

Print

Direct Mail

Opt-in E-mail

Online Display Advertising

Mas

sTa

rget

edPe

rson

aliz

ed

Trial Advocacy

RelationshipsAwareness LoyaltyConsideration

TRUST

Pers

onal

izati

on

Digital Traditional 11

Page 12: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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> three wave set– Trust Evaporated– Revolution No. 5– Command & Control Dead

Explore the amazing surf photographs of Clark Little

Page 13: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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   “Every generation

needs a new revolution.”

Thomas Jefferson

Page 14: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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airwaves one to many

movable type one to many

telegraph & phone one to one

recorded image one to many

   500 years4 revolutions

Page 15: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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“the largest increase in expressive capability in human history.”

- Clay Shirky, Author

Page 16: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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publishers formerly known as audiencemany to many

• global• social• ubiquitous• cheap

Page 17: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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Page 18: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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it helps us connect

Page 19: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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“We have studies showing that brands connecting aggressively through social media are generating far greater revenue growth than those that are not.Marc Pritchard, Chief Marketing Officer, Proctor & Gamble, September, 2009

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Page 20: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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> three wave set– Trust Evaporated– Revolution No. 5– Command & Control Dead

Explore the amazing surf photographs of Clark Little

Page 21: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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Mad Men is satire.Believing you control the discussion is comedy.

Page 22: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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specificity

Organization

Old Marketing: Broadcasting to 1,000,000 to engage 100New Marketing: Engaging the right 10 people who reach 1,000 who influence 10,000

Page 23: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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Traditional

Press releasesOpinion

Influencers

Factsheets

Events

We Media

Search engine marketing

Buzz Web 2.0

Citizen journalism

MySpace

Social Media

Flogs

Publicity

Promotions

Media relations

Positioning

Viral marketing

Tivo

Social networking

Metaverses

Folksonomy

Content optimization

Online editorial outreach

Syndication

Flickr

New

Consumer-generated content

Reputationmanagement

Public affairs

Third party outreach

Grassroots

Mobile marketing

Advergaming

YouTube

Employeecommunications

RSS Blogs

Wikis

Tagging

Podcasting

Wireless

Facebook

Crisiscommunications

Coalitions

Communications Evolves

Page 24: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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“If you don’t like

change,

you’re going to like

irrelevance even less.”General Eric Shineski, Retired Chief of Staff, U.S. Army

Page 25: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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> learning to surf

Explore the amazing surf photographs of Clark Little

Page 26: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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Make participation

a priority

Page 27: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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“Google isn’t a search engine, it’s a reputation management system”Clive Thompson, Wired

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Page 28: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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common elementsBe a part of the conversation Influence the influencers Create trusted relationships Be accessible Honesty IS the best policy Respond quickly Be relevant

educate,

engage,

empower

Page 29: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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ListenConversation audit to understand what is being discussed

Understand context and communicate with relevance

Engagepeople with influence and credibility and build relationships through interaction.

Tell them the story and let them tell it to others.

Manageuncontrolled communications in an uncontrolled environment.

Create and sustain authentic conversations.

How do we get started?

EvaluateHow did we shift perception?

Page 30: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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don’t fret

over labels

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tomorrow they’ll be gone

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social is not “emerging”

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even if you are

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in a connected world, power shifts to those best able to connect.

Dov Seidman

“ ”

Page 36: Fleishman Hillard   Riding The Wave   Presentation To Dow Jones   February 2010

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thanks. i’m

blogging this.

www.twitter.com/PercepCounsel