The corner office isn’t on board yet. If you’ve read Burston-Marsteller’s latest findings from surveying 200 CEOs about social media, you’ll realize that we still have a lot of questions to answer. And whether you’re an internal advocate working hard to build a case for social media, or a professional seeking to advise companies on how to use social media effectively, there are a few things to note about these results.
Only 18% of CEOs have used social media to communicate with stakeholders.
Of those that do, Facebook is dominant, blogs weren’t even on the list (?), and just 19% use Twitter (remember that’s 19% of the original 18%. So about 6 out of 200. Not so much.) Juxtapose that with the fact that 43% of those surveyed use social media personally at least a few times a week, so I’m curious about what tools they’re using.
What does that mean? First off, bleeding edge tools aren’t even on the radar. Mainstream rules. But what’s even more compelling is the fact that only one in five are using social media for their business. At all. Even if they use it personally, it’s not bridging the gap between personal and business use. Which means we are still in the very, very early stages of this being a widely accepted business practice.
29% say that they believe social media is very effective for business, 43% say somewhat, and 29% say it’s not effective at all.
Lots of doubt out there. But what’s really interesting is that we’ve got between 29-43% of these CEOs saying that social media holds at least some potential for their business, but only 18% of them are actually using it to communicate with their stakeholders. Where’s the disconnect?
What does that mean? We need to continue refining the business case. Case studies and real, practical examples are going to move this needle. For the companies in the 18%, we need to be working closely with them to learn what they’re doing and – critically – how they’re defining success. The mainstream adoption of social media will only happen if we steward actionable solutions for business instead of just spouting off about the lofty potential of the space. We have aspirational goals, but we must keep our feet on the ground and realize that ultimate potential is reached in baby steps and by gradually evolving existing business practices. Turning the world on its head just isn’t going to work.
45% of these CEOs say that the main obstacle to social media adoption is that isn’t not relevant to stakeholders. 37% say that it’s losing control of the message. ROI is up there, but only at about 28%.
The question here is whether social media is irrelevant because their customers aren’t online (a possiblity), or because these CEOs are perceiving that it’s not relevant because of their own discomfort with it in business application. As for losing control of the message and ROI, these are recurring issues.
What does this mean? Companies need to spend time really tapping into their communities to find out whether and if they’re online, and if they are, what sites and tools they’re using. This is not optional. It’s true that social media just might not be right for some companies, but that determination needs to be made by actually (gasp) talking to customers and asking them (double gasp) about how they’d like to be communicated with. It’s also clear that 37% or more of these CEOs haven’t gotten the memo that message control is a fallacy, anyway. So how is this an opportunity for social media evangelists to articulate – without fearmongering – how the landscape of communications doesn’t allow for control of a message beyond the gate? Can we find compelling but common-sense methods for demonstrating same?
In a crisis, a whopping 71% of the CEOs think that the company website is the best place to communicate, followed by WOM/”Viral campaigns” (39%), the customer service department (37%) and the company blog (31%).
The consistent conclusion here to me is that these are all mechanisms through which these CEOs are thinking they can best control the message. (The option to select WOM/Viral as a crisis control “mechanism” is a bad move on Burston-Marsteller’s part. In case they haven’t looked, that’s an organic process, not something you manufacture, as much as businesses may want to believe otherwise.). The website, CSR and blog are all originating from the corporate voice. The reality, however, is what happens after the horse has left the barn.
What does this mean? Aside from the obvious note that companies need to be listening and monitoring what’s being said about them in the first place, we’re back to doing a lot of education here. We often tell companies that they can’t control the message, so we need to illustrate that. We need to be listening ourselves, and capturing the examples of “company speak” vs. how that message evolves and tracks across the web. It’s an eye opener for any executive to see where the messaging takes on a life of its own, how people are reacting and responding to it, and how Google decides to treat their press release versus the blog someone wrote.
The bottom line: Our role is first and foremost as educators. But let us not turn that into preaching from the pulpit and getting high off of our own set of key messages (and I fear we’re dangerously close sometimes to doing just that). On the plus side, CEOs are recognizing that word of mouth is influential. What has me wondering is whether or not they truly understand how that word of mouth is generated, and how good a job we’re doing roadmapping that for them. The best teachers get down there and show you how to work out the problem, practically and hands-on. We live and breathe the altruistic and powerful implications of social media, building intricate relationships with customers, transparency, authenticity.
But these words and terms need definition for the businesses trying to apply them to their work. Not cloud-sniffing definitions, real ones. We can stomp our feet and evangelize the need for more two-way dialogue until we’re blue in the face. But the truth is that if we can’t give these executives handles to hold onto and a clear path to follow, we’ve not done our jobs. Let’s show them, not just tell them. Let’s focus our efforts on making incremental changes that fundamentally shift business practice. Let’s keep our feet on the ground, our eyes on the ball, and put our own work on the line to prove what we so readily preach.
Are you on board?
Interesting stuff. But I wonder if CEOs need to be online. At LinkedIn, for example, I belong to groups full of Senior Executives, and aren’t they really the folks we need to teach and get online. My corporate experience tells me that senior executives run the day-to-day operations, not CEOs. What do you think?
Lewis Greens last blog post..Why Social Media isn’t a Requirement for Every Marketing Campaign
Interesting stuff. But I wonder if CEOs need to be online. At LinkedIn, for example, I belong to groups full of Senior Executives, and aren’t they really the folks we need to teach and get online. My corporate experience tells me that senior executives run the day-to-day operations, not CEOs. What do you think?
Lewis Greens last blog post..Why Social Media isn’t a Requirement for Every Marketing Campaign
Lewis, I don’t necessarily think the issue is whether CEOs themselves are online. It’s whether or not we’re demonstrating the value of their BUSINESS being online. The executors of the social media strategy need to be the ones to learn the nitty gritty, but if the CEO doesn’t understand the philosophy of social media in business terms – whether or not he or she is using the tools – I think they’ll always be fighting an uphill battle.
Fantastic piece, Amber. Well constructed and thought out.
The core issue is that CEOs are trying to juxtapose social media with traditional marketing, comparing and contrasting various levels of targeting, control, and ROI.
That’s why I strongly believe that social media won’t really take flight until the entire mindset changes to embrace it more as a customer service mechanism rather than a customer acquisition tool.
Because fundamentally, ROI metrics are difficult in many social media instances, and the raw number of social media users aren’t tremendous typically. A lot more of most brands’ customers watch TV than use social media, and that’s how media planning gets done.
If we can get social media into the customer service/operations management structure, it will get looked at as its own animal, not just some new-fangled marketing opportunity like interactive TV or the CueCat or sky-writing.
Great job.
j
Fantastic piece, Amber. Well constructed and thought out.
The core issue is that CEOs are trying to juxtapose social media with traditional marketing, comparing and contrasting various levels of targeting, control, and ROI.
That’s why I strongly believe that social media won’t really take flight until the entire mindset changes to embrace it more as a customer service mechanism rather than a customer acquisition tool.
Because fundamentally, ROI metrics are difficult in many social media instances, and the raw number of social media users aren’t tremendous typically. A lot more of most brands’ customers watch TV than use social media, and that’s how media planning gets done.
If we can get social media into the customer service/operations management structure, it will get looked at as its own animal, not just some new-fangled marketing opportunity like interactive TV or the CueCat or sky-writing.
Great job.
j
“Our role is first and foremost as educators”
Amen to that! Most of what we have to do these days to a company of any size is educate them on the options out there and why certain ones are the right ones to reach their goals.
Most CEO’s don’t care what tool they use (traditional or new) as long as they are reaching the company goals, making money and not spending money for not reason.
Make it count for executives. Put it in dollar signs and measurable results and you’ll get a lot further.
And just because they get excited about the flashy shiny object and have a check to write doesn’t mean that you should instantly jump to do it. If it fails they may never do it again.
Educate them. Empower them.
“Our role is first and foremost as educators”
Amen to that! Most of what we have to do these days to a company of any size is educate them on the options out there and why certain ones are the right ones to reach their goals.
Most CEO’s don’t care what tool they use (traditional or new) as long as they are reaching the company goals, making money and not spending money for not reason.
Make it count for executives. Put it in dollar signs and measurable results and you’ll get a lot further.
And just because they get excited about the flashy shiny object and have a check to write doesn’t mean that you should instantly jump to do it. If it fails they may never do it again.
Educate them. Empower them.
Many people forget the link with SEO and social media as part of marketing tactics.
SEO analytics are aplenty, tying in social media with them is integral to helping higher ups ‘understand’ the ROI in social media. Perhaps it makes it more tangible to have that quantitative data.
Many people forget the link with SEO and social media as part of marketing tactics.
SEO analytics are aplenty, tying in social media with them is integral to helping higher ups ‘understand’ the ROI in social media. Perhaps it makes it more tangible to have that quantitative data.
Solid analysis, Amber. What struck me was this sentence: “It’s true that social media just might not be right for some companies, but that determination needs to be made by actually (gasp) talking to customers and asking them (double gasp) about how they’d like to be communicated with.”
This goes to the heart of the strategic marketing process. Marketers know who the targets are (for the most part) but such a rudimentary question doesn’t get asked so simply and succinctly.
Solid analysis, Amber. What struck me was this sentence: “It’s true that social media just might not be right for some companies, but that determination needs to be made by actually (gasp) talking to customers and asking them (double gasp) about how they’d like to be communicated with.”
This goes to the heart of the strategic marketing process. Marketers know who the targets are (for the most part) but such a rudimentary question doesn’t get asked so simply and succinctly.
Very good analysis, and I’d like to point out that many CEOs can learn by the example of Bob Fish, CEO of Michigan-based coffee chain BIGGBY COFFEE.
Bob has embraced social media so well that evidence can be seen right on his blog, http://www.biggbybob.com … he travels to different stores, interviews customers and baristas and records them on video, then posts to his blog. He’s active on Facebook and actively Tweets (@biggbybob). BIGGBY also has a fan page more active than most corporate pages, frequently being updated with videos, pictures, comments, events … you get the idea.
Recently he spoke at a local college and it was recorded, he put a 5-6 minute video clip on his blog talking about his experience with social media, you can find it here.
(Disclaimer: This is not a “click on my junk” comment, it’s pointing you to a relevant example supporting the point of the blog post. I have nothing to do with Bob’s blog, I’m just a fan.)
Very good analysis, and I’d like to point out that many CEOs can learn by the example of Bob Fish, CEO of Michigan-based coffee chain BIGGBY COFFEE.
Bob has embraced social media so well that evidence can be seen right on his blog, http://www.biggbybob.com … he travels to different stores, interviews customers and baristas and records them on video, then posts to his blog. He’s active on Facebook and actively Tweets (@biggbybob). BIGGBY also has a fan page more active than most corporate pages, frequently being updated with videos, pictures, comments, events … you get the idea.
Recently he spoke at a local college and it was recorded, he put a 5-6 minute video clip on his blog talking about his experience with social media, you can find it here.
(Disclaimer: This is not a “click on my junk” comment, it’s pointing you to a relevant example supporting the point of the blog post. I have nothing to do with Bob’s blog, I’m just a fan.)
18%? That high?!
18%? That high?!
Hi Amber
A well-written post. I spent most of my career as an executive in Corporate America, and one thing that was crystal clear to me is that it all starts at the top. Surprisingly I didn’t get fired and managed to hang around for sixteen or so years, before heading out on my own. Even though I was a complete rebel and had a lot of influence with the owner/CEO of the company I worked for, and was able to implement a lot of new cutting edge stuff at the time, if he didn’t believe it, the idea did not get implemented or it got squashed.
I still have a lot of contact with my old world, as an occasional consulting gig and sometimes mentor with my old owner/CEO, (just last week) who looks at me as if I have a horn coming out of my head with any mention of Social Media. But I keep talking about it as the passion for it simply spills out of me. They are listening though, and watching. One thing those guys understand pretty well is money, and as executives see the first signs of progress evidenced by higher revenues or lower costs they will allow their SM Teams to advance
Eric Browns last blog post..Communication – the Answer to what ails Small Business Ownership – Part 1
Hi Amber
A well-written post. I spent most of my career as an executive in Corporate America, and one thing that was crystal clear to me is that it all starts at the top. Surprisingly I didn’t get fired and managed to hang around for sixteen or so years, before heading out on my own. Even though I was a complete rebel and had a lot of influence with the owner/CEO of the company I worked for, and was able to implement a lot of new cutting edge stuff at the time, if he didn’t believe it, the idea did not get implemented or it got squashed.
I still have a lot of contact with my old world, as an occasional consulting gig and sometimes mentor with my old owner/CEO, (just last week) who looks at me as if I have a horn coming out of my head with any mention of Social Media. But I keep talking about it as the passion for it simply spills out of me. They are listening though, and watching. One thing those guys understand pretty well is money, and as executives see the first signs of progress evidenced by higher revenues or lower costs they will allow their SM Teams to advance
Eric Browns last blog post..Communication – the Answer to what ails Small Business Ownership – Part 1
Social media? I feel lucky that we even have a website at the day job. And I’m the one that persisted we update and I got that job which I enjoy. Blog? “not enough time and not worth it” Can you belive it?
Maybe I need to forward your post so the “decision maker” can read it and understand.
InfoESource.com
ochas last blog post..Eliminate Your Debt With Debt Elimination Systems
Social media? I feel lucky that we even have a website at the day job. And I’m the one that persisted we update and I got that job which I enjoy. Blog? “not enough time and not worth it” Can you belive it?
Maybe I need to forward your post so the “decision maker” can read it and understand.
InfoESource.com
ochas last blog post..Eliminate Your Debt With Debt Elimination Systems
Have a great deal of thoughts about this – but realized I was about to take over your comments section with my own post.
Which sounds like something I probably ought to write!
Needless to say, you have yet again inspired me! 🙂
Lucretia Pruitts last blog post..Even a Chatterbox like Me Listens…
Have a great deal of thoughts about this – but realized I was about to take over your comments section with my own post.
Which sounds like something I probably ought to write!
Needless to say, you have yet again inspired me! 🙂
Lucretia Pruitts last blog post..Even a Chatterbox like Me Listens…
I think most CEOs would agree on the value of communications & networking! Those same CEOs don’t understand the value of social media… It’s partly because they don’t see how the new technologies are extending our capability in communications and networking. When they will understand that social media is nothing different, but that it’s applying an enabling technology to old concepts, they will most certainly embark.
Now maybe we have not been very good at educating them. The frenzy over social media, and the perception that it is only appealing to a small segment, may be frightening. So yes, I agree that we should be educators. But mostly, we should walk the talk. And we should do our effort in adopting the CEO’s perspective. Certainly we should avoid conceit or elitism.
I think most CEOs would agree on the value of communications & networking! Those same CEOs don’t understand the value of social media… It’s partly because they don’t see how the new technologies are extending our capability in communications and networking. When they will understand that social media is nothing different, but that it’s applying an enabling technology to old concepts, they will most certainly embark.
Now maybe we have not been very good at educating them. The frenzy over social media, and the perception that it is only appealing to a small segment, may be frightening. So yes, I agree that we should be educators. But mostly, we should walk the talk. And we should do our effort in adopting the CEO’s perspective. Certainly we should avoid conceit or elitism.
I agree that this is still the main obstacle. I was surprised recently when I was in a group of female entrepreneurs and many of them told me they had never even heard the phrase “social media” before. These were not old-fart CEOs, they were computer-savvy women in their 30s!
Social media is part of the new model of forming authentic CONNECTIONS with your customer base, so I think it’s hard to understand for metrics-obsessed people in the “old school” of thought. Yes its important that social media be smart for the bottom line, but there is a big undefinable cool brand factor in the mix as well.
I agree that this is still the main obstacle. I was surprised recently when I was in a group of female entrepreneurs and many of them told me they had never even heard the phrase “social media” before. These were not old-fart CEOs, they were computer-savvy women in their 30s!
Social media is part of the new model of forming authentic CONNECTIONS with your customer base, so I think it’s hard to understand for metrics-obsessed people in the “old school” of thought. Yes its important that social media be smart for the bottom line, but there is a big undefinable cool brand factor in the mix as well.
Great extrapolation on some counter-intuitive findings, Amber.
Great extrapolation on some counter-intuitive findings, Amber.