May 15

Executing strategic initiatives

by Torben Rick No Comments
Categories: Strategy
Tags: , , , .

Only 30 percent of strategic initiatives are successfully executed. Of those that are, most CEOs view the process as too slow.

Start by understanding the barriers to execution:

  • Employees don’t grasp where an initiative is going.
  • They don’t adopt new behaviors.
  • They’re not committed to working together to achieve results.

Most leaders try to speed things up by changing processes or installing new technologies. But better processes and systems won’t remove the barriers. Instead, you need to unleash three people factors—clarity (understanding the goal), unity (collaborating across work groups), and agility (adapting quickly).

The authors explain how to unleash these factors by exercising four leadership abilities:

  • Affirming strategies: Ensuring everyone knows the destination and wants to go there
  • Driving initiatives: Accelerating projects called for by your strategy
  • Managing climate: Controlling what it feels like to work in your team
  • Cultivating experience: Harnessing employees’ knowledge and expertise

Short URL & Title:
Executing strategic initiatives — http://www.torbenrick.eu/t/r/shh

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May 11

Which brands are generating the most buzz right now on Twitter

by Torben Rick 1 Comment
Categories: Social Media
Tags: .

Which brands are generating the most buzz right now on Twitter? TweetedBrands provides a simple answer to the question, by looking at the brands receiving the most mentions over the past 24 hours. Not surprisingly, BP tops the list, with more than 150.106 tweets last week:

bp-top-twitter

Make sure to read:

Short URL & Title:
Which brands are generating the most buzz right now on Twitter — http://www.torbenrick.eu/t/r/cuh

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May 7

Social media a fast and effective way to reach consumers

by Torben Rick No Comments
Categories: Social Media
Tags: , , , .

It took BP some time – Social media and the oil spill disaster – to realize that in a crisis situation, social media is the fastest and most effective way to reach consumers besides television.

A Facebook page launched by the joint U.S. and BP spill response team, how has over 12,000 followers. They have access to photos, spill-trajectory maps generated by the government, video on topics including the controlled burns by BP, and summaries of daily news briefings:

bp6

BP America’s Twitter site, has now over 2,800 followers.

“We want to ensure that we can get out information about the response to this incident and spill as rapidly and widely as possible. “Twitter is a clearly popular medium that can complement other, more traditional, communication efforts.” – David Nicholas, a BP spokesman

BP’s critics are also active. On Facebook one site “Make BP responsible for the Gulf Coast oil spill,” has 909 followers. Another, “Speak out on the Gulf oil spill,” has 249.

BP was being hammered by critics all over the web. Could that have been mitigated? It’s hard to say given the scope and scale of this incident. It certainly couldn’t have hurt to have fans, followers and plans to communicate. Social media is a powerful crisis management tool, but only if you have been using it when you are not in crisis mode too.

Short URL & Title:
Social media a fast and effective way to reach consumers — http://www.torbenrick.eu/t/r/zer

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May 6

How to use social media as a crisis management tool

by Torben Rick 1 Comment
Categories: Social Media
Tags: , .

crisis

Every crisis is different, and there is no simple set of rules about how to use social media in these situations, a number of observations arise from looking at how some of the latest crisis have been managed (Icelandic volcano eruption, oil spill disaster in the Gulf of Mexico, Taco Bell, HP, Toyota and Nestle:

Use social media to keep people up-to-date

The worst thing in a crisis is not knowing. This is where social media can be useful as a tool to keep people informed. Update regularly as things unfold and make sure you are updating with actual developments. The benefit of having a well established blog or online community is that you can then use it for this purpose. Make it the place people can go to for information, keep it current and keep it honest.

During the Icelandic volcano eruption both KLM, SAS and Lufthansa did a great job providing information about the actual development. While KLM embraced it, Air France ignored it.

Make sure the people representing your brand know what they are talking about

When you are unhappy there is nothing worse than feeling that the person talking to you doesn’t really know or understand what is happening. You need the people that are engaging on behalf of your brand in social media to be up-to-date on what is happening and able to speak openly and truthfully for the brand. They need to be immersed in the brand and internal process and be able to update people quickly and escalate any issues effectively within your organisation. This doesn’t mean they need to work for you directly, but it does mean they need to be fully immersed in your brand and they should be effective and experienced brand communicators.

Be sure who is tweeting on behalf of your organisation otherwise there is a risk that your facing the same problem as Vodafone UK did.

Engage people talking about you – be they compliments or complaints

When crisis happens people are going to complain, and these complaints need responding to. The best thing is to do so in a direct and informative manner. Correct inaccuracies and give people who are complaining information to stop them talking about you in social media and start them helping to resolve their own problems and disappointments.

Don’t wait for crisis to hit to build engagement

When crisis hits, it is easiest if you have a clear process in place already for dealing with complaints and discussions about your brand online. You need a blog or online community that people recognise as the place to go to to talk to your brand. And you need a well established presence in social media. Without this, you will find it much more difficult to go in when things go wrong and take part in discussions. You will be the newbie and the outsider, when really you should be the centre of the conversation. To get this you need to have a history of really engaging your customers – not just running social media marketing campaigns.

BP was being hammered by critics all over the web due to oil spill disaster in the Gulf of Mexico, with thousands of posts on Twitter and Facebook slamming. Could that have been mitigated? It’s hard to say given the scope and scale of this incident. It certainly couldn’t have hurt to have fans, followers and plans to communicate.

Social media is a powerful crisis management tool, but only if you have been using it when you are not in crisis mode too. It’s real engagement not campaign-based marketing.

Short URL & Title:
How to use social media as a crisis management tool — http://www.torbenrick.eu/t/r/ayh

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