How to reap social media benefits for SMEs ?

356 days ago via Ramkry    Discuss    Social Media
Reaping social media benefits for SME’s depends on how well social media is internalized within their own organizations. We have seen and read many articles from various publications and blogs world over on how small and medium enterprises can reap social media benefits externally for business development. By externally, I mean in the areas of digital and content marketing, advertising, understanding customer preferences, product development and website traffic boost. But little has been spoken on how social media can help organizations internally by capitalizing on its people’s connections, strength, and relationships. Organizations, big or small need to capitalize on the connections that are available to them. They (Organizations) come with varying business models, profit or non-profit and customer base but they all have one thing in common and that is the people. Emphasis on people is important for realizing social media benefits The success of social media in organizations is not about the efficient use of technology but about its people. The relationships and connections that people have can boost ideas, energy, and purpose. Such relationships can bolster the social media marketing efforts externally as well. After all, employees are the best brand ambassadors of the company. If you keep them happy, they will spread the good word. Such goodwill is far more valuable than the exclusive digital marketing of your product on a popular social media tool. It is important that SMEs should try and make the usage of social media a success within their own organization and showcase this to the world. Once they do it, it goes without saying, there is every chance that social media users across the world will simply love it and start adopting or engaging with their products and services. People form strong bonds of social capital within themselves and with their work environments. Being open to their ideas, sharing tacit knowledge and genuine insight stems from this fact. Also, openly sharing, peering and acting and collaborating together, locally or globally are some of the key aspects of social media collaboration among employees. In fact, these are fundamental to use for social media collaboration tools. Tools like Wiki’s,  chat software, discussion forums and communities of practice have traditionally existed. The latest entrant in this space is the use of whiteboard collaboration where documents and diagrams can be edited in real time. A simple case study for reaping social media benefits in an SME To build this case and to capture the lessons learned, I would like to look at a small leadership consulting and organizational development firm called Emergent Solutions Inc Headquartered in Palo Alto in California. I would like to thank the authors of the book “social media at work” in the presenting the nuances of the challenges and issues faced by this firm. As with any SME during the growth phase, much of the employee’s time gets buried in running the operational and transactional processes of the company. Being in the leadership consulting space, the focus had to be more on the projects, best practices, resource materials and effective customer solutions. The organization after looking at various ... Continue reading
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