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SXSW 2013 Sampler

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viii Foreword<br />

today: to connect business clients with the whole of the developed<br />

world using social media, engage deeply with customers and partners<br />

in potent new—yet unfamiliar—ways, and innovate and cocreate<br />

a more effective way of working that’s not just novel but more<br />

satisfying, richer, and, yes, profitable for all concerned.<br />

Uncertain economic times can have a chilling effect on innovation<br />

and the readiness for the bold moves required to lead an industry in<br />

this century. Many companies also have a hard time making the leap<br />

to new digital business models. For every SAP, IBM, or Amazon, a<br />

hundred companies are struggling in the shadows. But the writing<br />

is on the wall. I can read it clearly as a CEO, as can most of my<br />

peers in organizations large and small around the world: as you read<br />

this, the way we run our organizations is in the midst of changing<br />

dramatically.<br />

The implications for social business transformation are writ large.<br />

Customer engagement is moving from relatively isolated market<br />

transactions to deeply connected and sustained social relationships.<br />

This basic change in how we do business will make an impact on<br />

just about everything we do. It affects where sustainable creativity<br />

and ingenuity are sourced. It defines how productive and rewarding<br />

results are created in the form of break-out new products, services,<br />

and operational constructs. And for the CxO in all of us, it also<br />

means that we now possess major new ways of driving growth,<br />

revenue, and margin. Distributed technologies operating in an open<br />

ecosystem and placed in the hands of constituents can be leveraged<br />

to create and capitalize on emergent outcomes.<br />

It’s clear to me that social media have moved far beyond a means<br />

of staying in touch with old friends and colleagues. They have become<br />

how business gets done. They have also created a highly competitive<br />

weapon in the arsenal of those who want to achieve dramatically<br />

better marketing, sales, customer service, product development, and<br />

worker productivity. The comprehensive vision that Dion and Pete<br />

lay out in this book explains exactly why organizations need to

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