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Knowledge Peers The Networked Business of the Future 14 September 2011 dch.co.uk @DCH_Agency

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The Networked Business of the Future. Presented at Knowledge Peers event, 14.09.11. Transcript and background at bluurb.wordpress.com

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Page 1: Knowledge peers event share version

Knowledge Peers

The Networked Businessof the Future

14 September 2011

dch.co.uk@DCH_Agency

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Nicholas GillPlanning Director, DCH

Some of the themes on Social Business are derived and adapted form the Dachis Social Business Summit. See bluurb.wordpress.com and search social business for further reading.

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Ben Hammersley, Wired. 2011.(this week)

benhammersley.com

“The internet is the dominant platform for life in the 21st Century… it is the central platform for business, culture and personal relationships.”

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Image source: InnovativeThunder.com eBook

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We are now in the information ageBut we act as if we’re still in the industrial age

• Repeatable, factory processes replaced by the knowledge economy but constrained by the same working practices

• Our 9-5 is not linear• It is lumpy• We compensate for lumpiness

with meetings• But some companies embrace

downtime and change the world

Image source: apworldhistorywiki, ThinkGeek, Google

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We are now in the information ageBut we act as if we’re still in the industrial age

• Repeatable, factory processes replaced by the knowledge economy but constrained by the same working practices

• Our 9-5 is not linear• It is lumpy• We compensate for lumpiness

with meetings• But some companies embrace

downtime and change the world

Image source: apworldhistorywiki, ThinkGeek, Google

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Image source: apworldhistorywiki, ThinkGeek, Google

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A shift is needed. Across the enterprise.We need to become social businesses.

• This is hard.• We have jealously guarded our

knowledge• We now need to become:

– Open– Collaborative– Sharing

Image source: soundcloud.com

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Silo models inhibit growthPorous silos improve productivity and profit

• HP saved $10bn in customer service

• SAP reduced issue resolution to 17 mins average from weeks

• P&G get 50% of all NPD from active social listening

Image source: http://www.flickr.com/photos/joeyharrison/51581489/

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It’s the same with marketing communications

Image source: Razorfish Liminal report 2010

• Repeatable, factory processes• Honed on a familiar media

consumption diet• Then technology changed

(and continues to change) the media landscape

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It’s the same with marketing communications

Image source: Razorfish Liminal report 2010

• Repeatable, factory processes• Honed on a familiar media

consumption diet• Then technology changed

(and continues to change) the media landscape

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It’s the same with marketing communications

Image source: Razorfish Liminal report 2010

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Silo models inhibit growthDon’t cross the streams

• The marcomms mix became silos in organisations

• Consumers escaped from the box and became people

• And crossed the streams• Doing things brands would not

do• We need to cross our streams

Image source: xenafan.com

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Simultaneous consumption is now normal

Image source: digital buzz blog infographic, Info source: Media Guardian 2011

• 86% of mobile phone users are using their phone at the same time as watching TV– Communal– Enriching– Added excitement/interest

• The mobile device becomes the most valuable tool in the marketers box

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Mobile represents as a big a shift as TV did

Image source: Blis Mobile

• Location• Context• Real time• Connected

(friends)• Frictionless• Integrates and

amplifies

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Contrary to popular belief, TV is not dead

Info source: Media Guardian, 2011, eMarketer September 2011, Image source: ukhdtv.uk

• We spend MORE time watching TV than any other activity– 35x Facebook– +6% YoY

• We just do it in different ways– Time-shifting– Mobility

• But appointment to view TV is bigger than ever

• Forcing brands to behave differently

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Be brave, have budget, cross the streams

Community

Brand

Consumer

Be relevantRight deviceAdd valueFacilitate

ShareableSociable

Topical

AuthenticOpen

Transparent

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Knowledge Peers

Thank you

dch.co.uk@DCH_Agency

Find this deck & transcript at bluurb.wordpress.com@nicholasrgill