Pilgrim Notes

Reflections along the way.

Tag: social media

Is Social Media Changing Business?

According to a recent report from The Economist, more C-level exectuvies are realizing the vital importance of social media in their business structure.

From Facebook to Twitter to iPhone applications, new media has captured the attention of C-level executives. Many companies now realize that effective customer engagement will require focusing on customers’ use of converging media as well as an ability to adapt and change to the emerging marketplace.

If you’re interested, I just posted a report summary over at the Integracon blog.

Evolving Social Media Policies

image from fredcavazza

image from fredcavazza

I’ve been studying social media policies by companies, organizations, non-profits and even governments. It’s been about a year since I last looked over policies, and in just one year, the policies have grown in length and complexity. Every organization (whether you have a web presence or not) might want to consider writing up policy for protection and clarification as to what is acceptable and not acceptable behavior in relation to your organization and your employees (or members).

Here are a few highlights from my current research:

1. Policies are evolving. This is obvious but it exagerated by the rapid changing online technology. Each new technology raises new questions and challenges. The challenges of twitter vs facebook vs youtube vs blogging have similarities but yet each platform bring distinct questions to the table. For example, media sites like youtube are full of excellent and relevant teaching/training resources that may not be accessible if you block it companywide. I think there is still a challenge for addressing nuance in each platform.

2. Code of Conduct – Companies like IBM and Intel are referencing a seperate code of conduction that outlines expectations concerning how employees behave off line and online.

3. Three Types of Regulations – There are at least three different types of social media policies: organizational participation, employee participation, and user participation. While not all companies have policies for all three types of content, it is worth thinking about all three. All three types address legal issues of content ownership, confidentiality, and privacy issues. Organizational policy defines why the company is participating, how the company will officially participate, who is allowed to participate, and where this happens. Employee participation policies address everything from using social media at work, creating social media content, to mentioning the company (at work or away and the expectations for disclosure that they are a company employee). While I didn’t see much about social media within the company intranet, I think there it is relevant and important to encourage while providing direction for great engagement with company intranets (and social media applications) but that is another question. Lastly, companies are addressing user participation on company sites with regulations or suggestions about expected behavior as well as content use and customer liability for post content they don’t own.

123 Social Media has a good list of social media examples is you’re interested.

Critiqueing Walmart's Twitter Policy

When crafting a corporate social media policy, it is helpful to read critique’s of other policies (as well as reading other policies). By analyzing the good and bad (lacking) of Walmart’s Twitter policy, Augie Ray help shine light on issues that should impact all businesses developing policies.

While his whole article is worth reading, here is a quick highlight. Ray suggests that Walmart needs to set specific expectations of employee behavior when tweeting. The following list can be helpful for all potential tweeting companies:

  • How many tweets per day or week are expected
  • Rules for tweeting; what topics or language is acceptable and what is not
  • Follow-back guidelines–when should followers be followed?
  • Expectations for when and how to respond to @replies (or direct messages)
  • Expectations for retweeting
  • Expectations for seeking out new followers–since following people is a successful way to build a list of followers, how many new people should be followed each week and what are the criteria?
  • Expectations for monitoring for and responding to brand mentions on Twitter
  • Expectations for engaging with and showing interest in followers regarding non-brand matters.

Thanks to Charlene Li’s new Altimeter Group for the link to Ray’s article.

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