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Creating value through social media --------- Swedish Public Transportation Association Think Tank Dr. Robin Teigland, aka Karinda Rhode in SL Associate Professor Stockholm School of Economic www.knowledgenetworking.org Photo: Lundholm, Metro April 2010 ww.sse.edu

Social Media and Public Transportation Associations

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My presentation on social media for the Think Tanks by the Swedish Public Transportation Authorities in April-May 2010.

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Page 1: Social Media and Public Transportation Associations

Creating value through social media ---------Swedish Public Transportation Association Think Tank

Dr. Robin Teigland, akaKarinda Rhode in SL

Associate ProfessorStockholm School of Economic

www.knowledgenetworking.orgwww.slideshare.net/eteigland

Photo: Lundholm, Metro

April 2010ww.sse.edu

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"...when the rate of change outside an organization is greater than the change

inside, the end is near...."

Jack Welch…

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Did You Know: Shift Happenshttp://www.youtube.com/watch?

v=jpEnFwiqdx8&feature=fvw

How are these trends impacting you and your organization?

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Growth

Time

Information and knowledge

Human absorptive capacity

Human capacity cannot keep up…

Adapted from Cohen & Levinthal 1989

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”No one knows everything, everyone knows something,

all knowledge resides in humanity.”

networks

Adapted from Lévy 1997

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6 degrees of separation Everybody is connected to everybody else by no more than six degrees of separation.

“Small World Phenomenon” by sociologist Stanley Milgram, 1967

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The wisdom of the crowd

ClosedExpensiveComplexAccurate

OpenInexpensive

SimpleClose enough

Hinton 2007

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History tends to repeat itself….Innovation, financial crisis, industrial revolution,

Steam engine

Internal combustion

engine

Microelectronics

Late 18th C Late 19th C Late 20th C

Schön 2008

Third industrial revolution?

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A new workforce is appearing…

Prensky 2001, Beck and Wade 2004, Mahaley 2008

“Digital Immigrants”“Digital Natives”

Company loyaltyWork ≠ Personal

Learning=Behind the desk

Professional loyaltyWork = Personal

Learning=Fun and games

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Increasing number of social media

Adapted from FredCavazza.net

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My definition of social media

Internet-based technologies that - enable communication &

collaboration… - through user-generated

content….- from one-to-one to

many-to-many people…- across all boundaries

Teigland 2010

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Organizations span the full range of use but….

Organizational use

Employee use

No use

Ban use

One-way “broadcasting”

Allow use

Encourage use

Two-wayconversations

..the majority are

here

Teigland 2010

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Positive return on social media for INC 500

companies

Barnes & Mattsson 2009

No

Yes88%

12%

If you use social media, has it been successful (hits, comments, leads, sales)?

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$6.5 million as o

f Dec 2009

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Where is value created by the firm?

#1Innovation

Networks of relationships

Brand & Reputation

FIRM

Kay 1993

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#1Innovation

Networks of relationships

Brand & Reputation

FIRM

Where is value created by the firm?

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Building brand/reputation through conversations

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Developing solutions together with the public

http://snappatx.org/ in Austin, Texas

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Using social media to make transit fun

http://www.thetransitwire.com/2010/04/02/lighten-up-using-social-media-make-to-transit-fun/

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Building relationships through interactive games

http://www.youtube.com/watch?v=Ryne05wiQ_c

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Choose the right tool for the right purpose

Houston MetroTwitter: immediate

service issuesFacebook:

corporate communications

Blogs: more detailed general information, such as explaining new route or service

YouTube: education and awareness http://findarticles.com/p/articles/mi_go1566/is_201002/ai_n52375782/?

tag=content;col1

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Swedish Public Transportation Association’s CEO on Twitter

http://twitter.com/charlottews

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Fördubbling on facebook

http://www.facebook.com/home.php#!/pages/Fordubbling/107043219336291?ref=ts

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Empower and trust employees

Policies written by IBM employees based on IBM’s

Business Conduct Guidelines

Apply internally and externally

Available on ibm.com“blogging guidelines”

Adapted from Poole 2008

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Treat social media like any change project

Kotter 1996

2. Form a powerful guiding coalition

1. Establish a sense of urgency

3. Create a vision

8. Anchor new approaches

4. Communicate the vision

5. Empower others to act on the vision

6. Plan for and create short-term wins

7. Consolidate improvements and produce more change

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Monitor what is said

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Here comes the Immersive Internet

O’Driscoll 2009

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Building skills in virtual environments

My CV• Leading a virtual team of 30

individuals from across the globe• Creating and successfully executing strategies under

pressure• Managing cross-cultural conflict

without face-to-face communication

Teigland 2010

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Los Angeles Metropolitan Transportation Authority

in Second Life (a virtual world)

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From the mobility of goods to the mobility of financial capital to …

...the “mobility” of labor?

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Leadership moving forward……

If you love knowledge, set it free…

HierarchyLinear, static, process-

based organization

HeterarchyDynamic, integrated

collaboration networks

Teigland 2010

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Thanks and see you in world!

Karinda Rhode

aka Robin [email protected]

www.knowledgenetworking.org

www.slideshare.net/eteigland

Photo: Lindholm, Metro

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Interested in learning more about Virtual Worlds?