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BIG DATA & SOCIAL MEDIA

Big Data & Social Media / ChangeGroup

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Page 1: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

BIG  DATA  &  SOCIAL  MEDIA

Page 2: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

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Big  Data,  can  you  hear  the  data  talking?

ChangeGroup,  Copenhagen27-­August-­2015

Ravi  VatrapuProfessor  mso,  Department  of  IT  Management

Director,  Computational  Social  Science  Laboratory  (CSSL)Copenhagen  Business  School

Niels Buus LassenAssociate  Researcher,  Department  of  IT  ManagementComputational  Social  Science  Laboratory  (CSSL)

Copenhagen  Business  School

Page 3: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

BIG  DATA:  DEFINITION

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Page 4: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

BIG  DATA:  ERP  &  CRM

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Page 5: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

COMPANY  DATA:  IN-­HOUSE  

• ERP

• CRM

• SCM

• PLM

• PM

• web  analytics

• eshop logs,  

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Page 6: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

COMPANY  DATA:  OUT-­HOUSE

• Social  media  data

• Internet  searches  data,  google trends

• Blogs,  forums  etc

• IOT  – sensor  data

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Page 7: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

HOW  CAN  IN-­ AND  OUT-­ HOUSE  DATA  BE  COMBINED  AND  ANALYZED?• Data  Mining  of  Big  Social  Data  and  Business  Data  (fx ERP,  CRM,  PLM)  for:• Operations  Optimization• Knowledge  Management• Business  Development  

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Page 8: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

HOW  CAN  IN-­ AND  OUT-­ HOUSE  DATA  BE  COMBINED  AND  ANALYZED?• Big  Social  Data  information  about  potential  customers  to  help  design  Social  target  groups  for  products  and  services

• Real-­time  and  predictive  models  of  sales  and  brand  parameters  based  on  the  company’s  Big  Social  Data  and  Customer  Relationship  Management  (CRM)

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Page 9: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

HOW  CAN  IN-­ AND  OUT-­ HOUSE  DATA  BE  COMBINED  AND  ANALYZED?• Visual  analytics  of:

• Big  Social  Data• Business  Processes  (marketing  campaigns  etc)  • Real-­World  Events  (CSR  crises,  factory  accidents,  layoffs,  stock  declines  etc.)• Often  the  visual  analytics  give  us  the  ideas about  what  can  be  modelled

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Page 10: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

TOOL  #2:  DASHBOARDS:  SOCIAL  SET  VISUALIZER:  CSR  &  CRISIS  MANAGEMENT  

Page 11: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

NEW  INSIGHTS

• What  is  the  sentiment  on  my  brand?  How  does  that  compare  to  competing  brands?

• What  are  the  topics  my  brand  is  most  involved  in  when  people  talk  about  us?

• Which  human  feelings  are  my  brand  mostly  connected  to?

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Page 12: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

NEW  INSIGHTS

• Which  product  improvements  are  people  mostly  talking  about?

• Can  we  spot  current  – and  future  – trends  for  our  product?

• Can  we  use  that  in  our  business  development?

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Page 13: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

NEW  INSIGHTS

• For  the  texts,  where  our  brand  is  trendy  – can  we  use  that,   to  make  our  brand  more  trendy?

• All  these  insights  can  improve  the  CRM  and  marketing  insights,  and  change  the  focus.

• Both  for  Business  Development  and  Marketing.

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Page 14: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

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Appropriation  of  Affordances Technological  Intersubjectivity

(IEEE  BigData 2014)

(Vatrapu,  2013)

(IEEE  EDOC  2014)

(DESRIST,  2014)

CONCEPTUAL MODEL:  SOCIAL DATA

Page 15: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

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BIG SOCIAL DATAANALYTICS:  FRAMEWORK

Page 16: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

• Case  CompaniesCopenhagen Zoo experienced a social media crisis, whichstarted on February 8th 2014, due to an impendingeuthanizing of a young giraffe, Marius and lasted untilFebruary 13th 2014. The euthanizing of the giraffegenerated “a storm of reaction in Denmark and throughoutthe world. Local and global reactions to the killing of thegiraffe ranged from rational justifications and emotionalcondemnations to nationalistic stereotyping and reporteddeath threats to the Zoo employees” (Zimmerman, Chen,Hardt, & Vatrapu, 2014).

Telenor experienced a social media crisis on Facebook, which started on August 3rd 2012 and lasted until August 8, 2012, due to a farewell salute from an unsatisfied customer who wrote in the evening on August 2nd 2012 at Telenor’s Facebook page that he had ended his mobile subscription with the telecom company. In his post, he described that Telenor could not manage to collect money by Direct Debit and that the company had repeatedly sent reminders before he had received the normal expense. This post brought Telenor into a social media crisis on Facebook and more than 30,000 “liked it”.

Jensen’s Bøfhus experienced a social media crisis on Facebook, which started on September 19, 2014 and lasted until September 27, 2014, due to a dispute between Jensen’s Bøfhus, and a fish restaurant named “Jensens Fiskerestaurant” (ed. Jensen’s Seafood Restaurant). The case involved a conviction in the Supreme Court that caused great debate in Denmark, since Jensen’s Bøfhus were successful at that the name, Jensen Fiskerestaurant, is too similar to the steakhouse chain restaurant.

Imerco experienced a social media crisis, which started on August 25th,2014 and lasted until August 26th 2014, due to a fast sold outanniversary vase from the brand Kähler. 16,000 customers wantedto buy a special anniversary vase from the company Kähler on offer atImerco’s website. However, this tumbled the website, after whichangry customers vented their displeasure on Imerco’s Facebook page

Page 17: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

METHODS

• Data  Collection:  Social  Data  Analytics  Tool• Complete  facebook  wall  data  from  the  start  the  date  of  analysis

• Crisis  Detection:  Post-­hoc  and  Algorithmic

• Three  Time-­Periods:  Two-­Weeks  Before,  During  and  After  Crises

• Netnographic Analysis

• Big  Social  Data  Analytics:  Social  Set  Analysis

• Content  Analysis• Sentiment  Analysis• Topic  Discovery

Page 18: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

RESULTS:  SOCIAL  SET  ANALYSIS  -­1/2

Page 19: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

RESULTS:  CONTENT  ANALYSIS:  SENTIMENTS &  TOPICS -­2/2

Page 20: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

Likes  on  Zoo’s  Posts  &  Comments

(ACM  CABS  2014) (IEEE  EDOC  2015)            (IEEE  Big  Data  2015)

During  Crisis  :05-­‐19  February,  2014Artefacts:  All  Data:  Wall  beginning  to  last  collected  timeActors:   All  Facebook  users  on  Copenhagen  Zoo  PageActions:   LIKEActivity:   Positive  Association

Sociological  ImportanceOrganizational  Relevance

Interpretation:  Computational  Social  Science:  Set  TheoryLIKEs  were  a  way  of  expressing  cultural  solidarity  and  in-­group  support  to  a  Danish  institution  perceived  to  be  under  undeserved  out-­group  criticism

CASE  #1:  PRESCRIPTIVE  ANALYTICS:  SOCIAL  MEDIA  CRISIS

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ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

”MCKINSEY”  7-­S  FRAMEWORK

http://tompeters.com/2011/03/a-­brief-­history-­of-­the-­7-­s-­mckinsey-­7-­s-­model/

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ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

7-­S  FRAMEWORK  FOR  SOCIAL  MEDIA  CRISES:  STRATEGY,  STRUCTURE -­1/3

Page 23: Big Data & Social Media / ChangeGroup

ChangeGroupFlæsketorvet  68DK-­1711  København  V

Telefon:  +45  3332  [email protected]

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(we  also  model  that)

Please  contact:

Niels  Buus Lassen  ([email protected])  

Prof.  Ravi  Vatrapu  ([email protected])  

Ralf  J.  Hollander  ([email protected])

THANKS  FOR  YOUR  ATTENTION!