Tuesday, March 30, 2010

Tips for Making Small Talk With Bigwigs

One of the things that can befuddle managers, even experienced ones, is how to make small talk with the big boss.

When you are talking about someone who has authority over you, be it your boss's boss or the CEO, the word "small" becomes relative. Anything involving a boss can have a big impact. Conversation with a superior can be fraught with peril but it can also be a great opportunity. Peril comes from the fear of saying the wrong thing; opportunity arises because you can reveal a new dimension of yourself to other.

You can increase the odds of success if you prepare. Yes, actually plan out what you will say to the senior manager. This works well if you know that the CEO is coming to visit your department or if you have the opportunity chat with him at an all-employee gathering. So here's what you can do.

Do your homework. Learn the issues the senior team is focused on. Ideally everyone in the company should know the strategic priorities. Bone up on these so you know them, too. Think in advance what you will say to a senior person if you meet her in person. Work out a key message about your projects, your career and yourself. This is good practice whether you meet a senior person or not. Finally, if it's a more social meeting, you might try to learn of a boss's personal interests — hobbies, sports he or she likes, or their volunteer activities.

Be yourself. When you are introduced to the senior leader, make eye contact as you shake hands. Smile and act relaxed. Feel free to ask questions about what's going on in the company. If appropriate, talk about what you are working on. This is your opportunity to use your messages. Strive to be brief and to the point.

Read the situation. Keep speaking if the boss is interested; if not, thank the person for his time and move on, even when you didn't get the opportunity to use your key messages. In some ways your sense of decorum is more important than what you say. Rattling on when no one is interested marks you as lacking in self-awareness; knowing when to end the conversation says much about your ability to read the situation.

Such preparation is good when you know in advance you may meet a senior executive or a member of the board, but what about accidental encounters, say at the airport, a social gathering, or even a sporting event? The good news is that what works for prepared encounters works for impromptu ones. Just assume that someday soon you will run into a senior person and prepare for it as you would for a more predictable encounter. And that preparation will pay off in other contexts too, such as during team meetings or conversations with clients.

That's why you should practice your key messages from time to time, say on your drive to work. You can even practice by recording them on your mobile phone, just to see how you sound. The exercise will give you confidence that you have what it takes to have a clear and coherent conversation with people in power.

One of my favorite stories about Winston Churchill, taken from Bartlett's Book of Anecdotes, is an encounter he had with a young New Zealand airman during the Second World War. The airman had crawled out of the cockpit of a bomber with an engine on fire and extinguished the flames. When Churchill met the young man he noted the lad's nervousness. "You must feel very humble and awkward in my presence," Churchill said. When the man said he was, Churchill replied, "Then you can imagine how awkward and humble I feel in yours."

Never forget that senior leaders are people first; executives second. Never forget your own personal abilities. And never forget that making small talk can have a big impact on your career.

http://blogs.hbr.org/cs/2010/03/tips_for_making_small_talk_wit.html

Start Networking Right Away

Even if you have an aversion to networking—as many people do—it’s imperative to start forging deliberate connections within the first 30 to 60 days after a promotion, the period when people in a new division or company are making up their minds about whether you’re dependable—or a loser who should never have been hired.

Most people don’t take to networking naturally, which is why it’s often tough for rising executives to be systematic about reaching out to people who can help them. But networking is the best way to acquire crucial information about the job and succeed early. Otherwise, you might lack the facts needed for an important proposal, for example, or might bring up a smart “new” idea that has failed in the past. This “courageous networking,” as I call it, requires recruiting networking targets both inside and outside the firm—even at competitors.

So if you’re newly hired or promoted, here are a few things to do right away:

Figure out who should be in your network.

It shouldn’t be just the people who eat lunch at the same time and in the same place you do. Ask yourself, Who can help me? Who knows what’s going on? Who gets around roadblocks? Who are the critical links in the supply or information chain? Your boss can be a big help by identifying people, setting up meetings, going with you to conventions, and making introductory phone calls. But your boss isn’t the only one with valuable information. One of the best contacts I made in an early job at a retailer was the person who implemented office moves—he always knew who was on the way up. I also got useful advice from friends in the legal department, who told me, in broad terms, about the major problems the organization was facing. And a good friend who managed the company’s lobbyists in Washington informed me about impending government regulations.

Dare to introduce yourself.

Most people will be more receptive than you think. No one turns down a call from someone who starts the conversation with “I’m new in my job, and I’m trying to get to know people who....” When a competing firm in my industry hires a new chief, I write a congratulatory note and say I’d like to drop in. I’ve never been turned down. Knowing these CEOs makes it easy to fix problems, such as a competitor’s salespeople spreading false rumors about my company. I pick up the phone, explain the situation, and it’s fixed.

Remember that networking is not a one-way street.

Reciprocate by sharing information you know will be useful, and stay in touch by, for example, sending people relevant articles once a quarter or congratulating your contact about a job change. Many executives spend about an hour a week maintaining their networks, but greater effort yields greater payoff. The marketing manager of one large company claims he spends two hours a day at it.

As horizontal relationships become just as vital as vertical ones in global organizations and companies change direction ever more frequently, it’s critical to maintain a good network of contacts. Time spent in the early days building a network will save time down the road when you’re trying to solve problems, leverage resources, and achieve success.


http://hbr.org/2009/01/start-networking-right-away-even-if-you-hate-it/ar/1

Thursday, March 25, 2010

The Checklist Manifesto

http://us.macmillan.com/thechecklistmanifesto

We live in a world of great and increasing complexity, where even the most expert professionals struggle to master the tasks they face. Longer training, ever more advanced technologies—neither seems to prevent grievous errors. But in a hopeful turn, acclaimed surgeon and writer Atul Gawande finds a remedy in the humblest and simplest of techniques: the checklist. First introduced decades ago by the U.S. Air Force, checklists have enabled pilots to fly aircraft of mind-boggling sophistication. Now innovative checklists are being adopted in hospitals around the world, helping doctors and nurses respond to everything from flu epidemics to avalanches. Even in the immensely complex world of surgery, a simple ninety-second variant has cut the rate of fatalities by more than a third.

In riveting stories, Gawande takes us from Austria, where an emergency checklist saved a drowning victim who had spent half an hour underwater, to Michigan, where a cleanliness checklist in intensive care units virtually eliminated a type of deadly hospital infection. He explains how checklists actually work to prompt striking and immediate improvements. And he follows the checklist revolution into fields well beyond medicine, from disaster response to investment banking, skyscraper construction, and businesses of all kinds.

An intellectual adventure in which lives are lost and saved and one simple idea makes a tremendous difference, The Checklist Manifesto is essential reading for anyone working to get things right.

Saturday, March 20, 2010

The 10 Stages of Social Media Business Integration

From http://mashable.com/2010/01/11/social-media-integration/

An overnight success ten years in the making, social media is as transformative as it is evolutionary. At last, 2010 is expected to be the year that social media goes mainstream for business. In speaking with many executives and entrepreneurs, I’ve noticed that the path towards new media enlightenment often hinges on corporate culture and specific marketplace conditions. Full social media integration often happens in stages — it’s an evolutionary process for companies and consumers alike.

Here are the ten most common stages that businesses experience as they travel the road to full social media integration.


Stage 1: Observe and Report

observing imageThis is the entry point for businesses to better understand the behavior of an interactive marketplace.

Listening: Employ listening devices such as Google Alerts, Twitter Search, Radian6 (Radian6), and PR Newswire’s Social Media Metrics to track conversations and instances associated with key words.

Reporting: Distill existing social media conversations into an executive report. This early form of reporting is merely designed to provide decision makers with the information they’ll need for continued exploration of social media and its potential impact on business.


Stage 2: Setting the Stage + Dress Rehearsal

Once the initial intelligence is gathered, businesses will set the stage for social media participation. This is an interesting phase, as it often joins Stage 1 as a more comprehensive first step. Instead of researching the best ways to engage, many businesses create accounts across multiple social networks and publish content without a plan or purpose.

However, those businesses that conduct research will find a rewarding array of options and opportunities to target.

Presence: Create official presences across one or more social networks, usually Twitter () and possibly Facebook () (Fan Pages), YouTube (), and Flickr (). Early on, this is often experimental, and less about strategic engagement.

Analysis: Review activity for frequency (the rate of mentions), the state of sentiment allocation, traffic, as well as the size of connections (friends, followers, fans, etc.). Provide managers with a limited glimpse into the effects of presence and participation.


Stage 3: Socializing Media

social network imageThe next stage in the evolution of a new media business is the proverbial step towards “joining the conversation.”

As companies take the stage, they will eventually pay attention to the reaction of the audience in order to respond and improve content, define future engagements, and humanize communication.

Conversation: Representative of an early form of participation, this stage usually evokes reactive engagement based on the nature of existing dialogue or mentions and also incorporates the proactive broadcasting of activity, events and announcements.

Rapid Response: Listen for potentially heated, viral, and emotional activity in order to extinguish a potential crisis or fan the flames of positive support.

Metrics: Document the aforementioned activity in order to demonstrate momentum. This is usually captured in the form of friends, fans, followers, conversations, sentiment, mentions, traffic, and reach.


Stage 4: Finding a Voice and a Sense of Purpose

This is a powerful milestone in the maturation of new media and business. By not only listening, but hearing and observing the responses and mannerisms of those who define our markets, we can surface pain points, source ideas, foster innovation, earn inspiration, learn, and feel a little empathy in order to integrate a sense of purpose into our socialized media programs.

Research: Review activity for public sentiment, including negative and neutral commentary. Observe trends in responses and ultimately behavior. This allows for a poignant understanding of where to concentrate activity, at what level, and with what voice across marketing, sales, service, and PR.

Strategic Visibility: Introduce relevance and focus. You don’t have to be everywhere in order to create presence, just in the places where you would be missed. Understanding that the social web is far more extensive than Twitter, blogs, and Facebook, brand managers search across the entire web to locate where influential dialogue transpires.

Relevance: “Chatter” or aimless broadcasting is not as effective as strategic communications and engagement. This stage reflects the exploration of goals, objectives, and value implementation. Companies begin to learn that exchange is based on trust and loyalty.


Stage 5: Turning Words Into Actions

runner imageActions speak louder than words. Businesses must act. Once the door to social consciousness is opened, bring the spirit of your company through it to affect change.

Empathy: Social media personifies companies. It allows us to see who it is we’re hoping to reach, and what motivates them. Listening and observing is not enough. The ability to truly understand someone, their challenges, objectives, options, and experiences allows us to better connect with them.

Purpose: The shift from simple response to purposeful, strategic communication will be mutually beneficial. It is in this stage that we can truly produce captivating content and messages. In order to hold it, we have to give the audience something to believe in — something that moves them.


Stage 6: Humanizing the Brand and Defining the Experience

As Doc Searls says, “There is no market for messages.” Indeed. Through the internalization of sentiment, brands will relearn how to speak. No longer will we focus on controlling the message from conception to documentation to distribution. We lose control as our messages are introduced into the real world. Our story migrates from consumer to consumer. This chain forms a powerful connection that reveals true reactions, perception, and perspectives.

The conversations that bind us form a human algorithm that serves as the pulse of awareness, trustworthiness, and emotion.

The Humanization of the Brand: Once we truly understand the people who influence our markets, we need to establish a persona worthy of attention and affinity. A socialized version of a branding style guide is necessary.

Experience (): Our experience in dynamic social ecosystems teaches us that online activity must not only maintain a sense of purpose, it must also direct traffic and shape perceptions. We question our current online properties, landing pages, processes, and messages. We usually find that the existing architecture leads people from a very vibrant and interactive experience (social networks) to a static dead end (our web sites). As we attempt to redefine the experience of new customers, prospects and influencers, we essentially induce a brand makeover.


Stage 7: Community

community imageCommunity is an investment in the cultivation and fusion of affinity, interaction, advocacy and loyalty. Learned earlier in the stages of new media adoption, community isn’t established with the creation of a social profile. Community is earned and fortified through shared experiences. It takes commitment. As Kathy Sierra once said, “Trying to replace ‘brand’ with ‘conversation’ does a disservice to both brands & conversations.”

Community Building/Recruitment: While we are building community through engagement in each of the previous stages, we will proactively reach out to ideal participants and potential ambassadors. We become social architects, and build the roads necessary to lead customers to a rich and rewarding network, full of valuable information and connections.


Stage 8: Social Darwinism

business evolution imageListening and responding is only as effective as its ability to inspire transformation, improvement, and adaptation from the inside out. Survival does not hinge solely on a company’s social media strategy. The social element is but one part of an overall integrated strategy. It’s how we learn and adapt that ensures our place within the evolution of our markets.

Social Media () as embraced in the earlier stages is not scalable. The introduction of new roles will beget the restructuring of teams and workflow, which will ultimately necessitate organizational transformation to support effective engagement, production, and the ongoing evolution towards ensuring brand and product relevance.

Adaptation: In order to truly compete for the future, artful listening, community building, and advocacy must align with an organization’s ability to adapt and improve its products, services, and policies. In order for any team to collaborate well externally, it must first foster collaboration within. It is this interdepartmental cooperative exchange that provides a means for which to pursue sincere engagement over time.

Organizational Transformation: The internal reorganization of teams and processes to support a formal Social Customer Relationship Management (sCRM) program will become imperative. As social media chases ubiquity, we learn that influence isn’t relegated to one department or function within an organization. Any department affected by external activity will eventually socialize. Therefore, an integrated and interconnected network of brand ambassadors must work internally to ensure that the brand is responding to constructive instances, by department. However, at the departmental and brand level, successful social media marketing will require governance and accountability. Organizational transformation will gravitate towards a top-down hierarchy of policy, education, and empowerment across the entire organization.

chart image

Stage 9: The Socialization of Business Processes

social crossword imageMultiple disciplines and departments will socialize, and the assembly or adaptation of infrastructure is required to streamline and manage social workflow.

Social CRM (sCRM): Scalability, resources, and efficiencies will require support, resulting in a modified or completely new infrastructure that either augments or resembles a CRM-like workflow. Combining technology, principles, philosophies and processes, sCRM establishes a value chain that fosters relationships within traditional business dynamics. As an organization evolves through engagement, sCRM will transform into SRM — the recognition that all people, not just customers, are equal. It represents a wider scope of active listening and participation across the full spectrum of influence.


Stage 10: Business Performance Metrics

Inevitably, we report to executives who may be uninterested in transparency or authenticity. Their goal, and job, is to steer the company toward greater profits. In order to measure the true effects of social media, we need the numbers behind the activity –- at every level.

While many experts argue that there is no need to measure social engagement (much the way that some companies don’t explicitly define the ROI of Superbowl ads or billboards), make no mistake: Social is measurable, and the process of mining data tied to our activity is extremely empowering. Our ambition to excel should be driven through the inclusion of business performance metrics, with or without an executive asking us to do so. It’s the difference between visibility and presence. And in the attention economy, presence is felt.

ROI: Without an understanding of the volume, locations, and nature of online interaction, the true impact of our digital footprint and its relationship to the bottom line of any business is impossible to assess. An immerssive view of our social media goals and objectives allows us to truly measure ROI. Stage 10 reveals the meaning and opportunity behind the numbers and allows us to identify opportunities for interaction, direction, and action.


Conclusion

There is a great distance between where we are today, and where we need to be. Our work in 2010 will be dedicated to narrowing the social chasm.

The thing about social media is that it’s always new, and as such, these stages represent a moment in time. They will continue to evolve and expand with new technologies and experiences.

In the end, social media is a privilege and a tool — one more opportunity to run a more meaningful and relevant business.

Wednesday, March 17, 2010

The Surreal World of Chatroulette

Nothing can really prepare you for the latest online phenomenon, Chatroulette.

the social Web site, created just three months ago by a 17-year-old Russian named Andrey Ternovskiy, drops you into an unnerving world where you are connected through webcams to a random, fathomless succession of strangers from across the globe. You see them, they see you. You talk to them, they talk to you. Or not. The site, which is gaining thousands of users a day and lately some news coverage, has a faddish feel, but those who study online vagaries see a glimpse into a surreal future, a turn in the direction of the Internet.

Before you rush off to your computer to try Chatroulette, it is only fair to let you know what you’re getting into. Entering Chatroulette is akin to speed-dating tens of thousands of perfect strangers — some clothed, some not.

The home page is sparse, with two empty boxes — one labeled Stranger, the other, aptly, You. When you press the Play button, your webcam is activated and you are told that Chatroulette is “Looking for a random stranger.” Up pops a live video and you can chat with the person on the other end. Hit Next and you are confronted with a new stranger.

In its simplest form, the site does exactly what its name says — it pulls you into a game of roulette. I used the service for the first time a few weeks ago, and I found it both enthralling and distasteful, yet I kept going back for more.

http://www.nytimes.com/2010/02/21/weekinreview/21bilton.html


Tuesday, March 16, 2010

World's first Green Assembly in Tamil Nadu

Social Media Thought Series

Check out this SlideShare Presentation:

Social Media Thought Series

Starting a new thought series around the Social Space. Check out my Slideshare

http://www.slideshare.net/nckumar

The Business Case For Social Media

The Business Case For Social Media

Coke's 'fans first' approach in social communities

Check out this SlideShare Presentation:

Airlines 2.0 - airline branding using social media - Sydney 2009

Check out this SlideShare Presentation:

Coca Cola Online Social Media Policy (Adam Brown)

Check out this SlideShare Presentation:

Building Social Media-Twitter

Check out this SlideShare Presentation:

Laura Gainor Utilizing Social Media

Check out this SlideShare Presentation:

Tuesday, March 9, 2010

Enterprise 2.0: The Best Leadership Advice I Ever Got

Enterprise 2.0: The Best Leadership Advice I Ever Got

The Best Leadership Advice I Ever Got

Like many young Ph.D. students, I was deeply impressed with my own intelligence, wisdom and profound insights into the human condition. I consistently amazed myself with my ability to judge others and see what they were doing wrong.

UCLA Professor Fred Case was my advisor and head of the Los Angeles City Planning Commission - where I was doing my dissertation research. At this point in my career, he was clearly the most important person in my professional life. He was also a man that I sincerely respected. He had done an amazing amount to help the city become a better place. He was also doing a lot to help me.

Although he was normally in a very upbeat mood, one day Dr. Case seemed annoyed. He looked at me and growled, "Marshall, what is the problem with you? I am getting feedback from some people at City Hall that you are coming across as negative, angry and judgmental. What's going on?"

"You can't believe how inefficient the city government is!" I ranted. I immediately proceeded to give several examples of how taxpayer's money was not being used in the way that I thought it should be. I was convinced that the city could be a much better place if the leaders just listened to me.

"What a stunning breakthrough!" Dr. Case sarcastically remarked, "You, Marshall Goldsmith, have discovered that our city government is inefficient! I hate to tell you this Marshall, but my barber who is cutting hair down on the corner figured this out several years ago. What else is bothering you?"

Undeterred by this temporary setback, I angrily proceeded to point out several minor examples of behavior that could be classified as favoritism toward rich political benefactors.

Dr. Case was now laughing. "Stunning breakthrough number two!" he chuckled. "Your profound investigative skills have led to the discovery that politicians may give a more attention to their major campaign contributors than to people who support their opponents. I am sorry to report that my barber has also known this for years. I am afraid that we can't give you a Ph.D. for this level of insight."

As he looked at me, his face showed the wisdom that can only come from years of experience. He said, "I know that you think that I may be old and 'behind the times', but I have been working down there at City Hall for years. Did it ever dawn on you that even though I may be slow, perhaps even I have figured some of this stuff out?"

Then he delivered the advice I will never forget. "Marshall," he explained, "you are becoming a 'pain in the butt'. You are not helping the people who are supposed to be your clients. You are not helping me and you are not helping yourself. I am going to give you two options:

"Option A - Continue to be angry, negative and judgmental. If you chose this option, you will be fired, you probably will never graduate and you may have wasted the last four years of your life.

"Option B - Start having some fun. Keep trying to make a constructive difference, but do it in a way that is positive for you and the people around you.

"My advice is this: You are young. Life is short. Start having fun.

"What option are you going to choose, son?"

I finally laughed and replied, "Dr. Case, I think it is time for me to start having some fun!"

He smiled knowingly and said, "You are a wise young man."

Most of my life is spent working with leaders in huge organizations. It doesn't take a genius to figure out that things are not always as efficient as they could be - almost every employee has made this breakthrough discovery. It also doesn't take a genius to learn that occasionally people are more interested in their own advancement than the welfare of the company. Many employees have already figured out this one as well.

Real leaders are not people who can point out what is wrong. Almost anyone can do that. Real leaders are people who can make things better.

Dr. Case taught me a great lesson. His coaching didn't just help me get a Ph.D. and become a better consultant. He helped me have a better life.

Think about your own behavior at work. Are you communicating a sense of joy and enthusiasm to the people around you - or are you spending too much time in the role of angry, judgmental critic?

Do you have any co-workers who are acting like I did? Are you just getting annoyed or are you trying to help them - in same way that Dr. Case helped me? If you haven't been trying to help them, why not give it a try. Perhaps they will write a story about you someday!

http://blogs.hbr.org/goldsmith/2008/09/the_best_leadership_advice_i_e.html?loomia_ow=t0:s0:a38:g26:r15:c0.067712:b20799837:z6

Sunday, March 7, 2010

Social Media Initiative in Singapore

Last week I attended a seminar by a prof on Social media and its impact. while the content was dated, it looked for a while that the audience themselves were out of place. Thought for a moment if Singapore is not in tune with Social as much as rest of the world, but I cam across an interesting initiative. Looks like its been going for two years now. So Singapore is really on par!!!


http://socialmediabreakfast.sg/about/

7 Questions To Help Businesses Get Ready For Social Media

http://www.penn-olson.com/2010/03/06/7-questions-to-help-businesses-get-ready-for-social-media/

Jumping on the social media bandwagon could be a disaster if your business isn’t prepared for it.

Unlike other media, social media requires a business to stay committed (see “Business: Don’t Use Social Media If You’re Not Ready“)

The post also included additional questions that we found useful in helping businesses decide if they are ready for social media.

Several Penn Olson readers requested us to elaborate on the questions listed. And yes, we’re certainly more than willing to do so. Here you go!
1. What are your business goals?

Having a clear set of business goals is of utmost importance. Are you using social media for maintaining customer relations, building awareness or selling? These goals would determine your execution and performance indicators.

Often, it is not a great idea to focus solely on selling. It makes the business self-centric and I am pretty sure your audience wouldn’t like that.

GOALS
2. What is your budget?

Signing up on Twitter and Facebook is free, but the time spent on maintaining profiles can be a huge investment. The amount of resources you have would determine the tools to use and the scale of your social media project.

Time is money concept with dollars and clock
3. Which social tools are you using and why?

A regularly updated blog would generally take up more resources compared to Twitter or Facebook. Also, think about why these tools are chosen. Linking back to goals: Twitter is generally better for customer relations and Facebook is better for discussion. Only pick these tools if you have good reasons to do so.

4. Who are your target audiences?

Identify your target audience before execution; otherwise you’re just burning your resources. Facebook is huge but it might not be the right tool for you. A quick check on Facebook’s ad data would help you decide if your target customers are on it. For Twitter, this Twitter demographic statistic will help you a long way.

targetaudience
5. How competent is your social media executive?

If you were to hire a social media executive, make sure he is not only proficient in using these social tools but understands your company from head to toe. Should there be any queries, it is not feasible to constantly redirect customers to another person. Likewise, if a disaster were to occur, does he have the knowledge and power to respond swiftly?

executive
6. What sort of message tone are you setting?

Your conversation style and tone should be aligned to your overall brand image. Check out @Starbucks: Its overall message communicated is almost an identical match to its brand image.

Gold Brand
7. Are you able to measure ROI?

If you’re unable to measure your performance, you probably can’t manage it. Start early and fine tune the process along the way to make measurement more relevant.

How To Earn money on Twitter

Well finally the way to make money on Twitter! Seems simple and straightforward.


http://thesocialmediaguide.com.au/2010/03/02/how-to-earn-money-on-twitter/