Eyes & Ears On Social Media

Quick Thought On IDC Web2.0 Conference & Silly Question Asked

Tuesday, June 24th, 2008

Just got back from the IDC Web2.0 Conference today (thanks to Debbie and Joyes for granting me access!) and have some immediate thoughts before I go into detail about the various topics discussed.

Main thought: People need to do more research before coming for these conferences.

I estimate about 200 people in the room, and when the room was asked who used feeds (RSS), less than 30 people raised their hand.

Now I’m not judging, but I think if companies are going to spend $240 to send people for a three hour conference, they need to be able to absorb what is going on and follow the discussions. If only 30 people understand feeds, how many would understand the rest of the topics today? Wikis? Co-creation of content? Social networking? User-generated content? I have my doubts. I think companies owe it to themselves to do a little bit of research before going, so that they can truly engage in the discussion.

The thing is there was some good content at the conference. One speaker mentioned it’s not necessary to be front and centre of the content-creation, just a curator. And I wonder how many people got the reference.

Edit: Maybe next time after a conference I should walk up to people randomly and ask “So what do you think the takeaways are for your business?” and see what answers I get.

Finally, a question was asked towards the end of the day: “Is there research to show that using IM and Facebook increases productivity? And are some professions more suited than others to using social media in education. For example, would it be applicable to medicine?”. A muted groan rippled through the room.

Firstly, obviously there is no research to show that. The people who question the benefits of IM, Twitter and Facebook are those who are not on it or don’t understand it or are suspicious and un-trusting of their employees to be on these applications. Do you think people aren’t using the office phone for non-productive uses? Or the office email? Or the office printer?

The reason why this question comes up, to me, is because companies want to see this instant gratification. Are you using Facebook to generate a sales lead or close a sale? No? Waste of time. But it doesn’t work that way. Facebook, Twitter and IM take time to produce results. I spend a lot of time in the office on Facebook. I joke that it’s “research”, but finding out how people use Facebook and interact is very important. If you don’t know how your consumer is using their tools, how can you ever hope to be relevant?

Will there be employees who abuse this trust and throw sheep or superpoke friends at work? Sure. But I don’t feel that’s a reason to shut down access, because to me, the benefits outweigh the cons. Let’s keep this all in perspective. It’s the people that abuse the tool. Not that there’s anything inherently “wrong” about the tool.

Secondly, what a crazy question! Can the medical profession use social media? Of course! I honestly and truly question why this person was at this conference at all. The whole morning people were talking about interaction and content sharing and co-creation and wikis and transferring ideas and collaboration via Google Docs.

You mean you don’t see how medical knowledge can be pooled together, developed and refined via these tools? Or did you seriously mean doing away with practical surgery sessions and teach it via social media? Which is absolutely ridiculous too.

It is people like that, that are holding social media (and your company) back from advancing. The new consumers are not going to be convinced by an advertisement in the newspaper. If it’s not timely and relevant, forget it. If your business is not showing and interest in discovering how the new consumers think and behave, you might not be around in 10 years when they graduate and choose to spend their disposable income with a company who does.

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My First Social Media Discussion Panel!

Tuesday, April 15th, 2008

I’ve been invited to IDC’s conference: IDC’s Asia/Pacific Directions 2008
“Tech X.0: Mastering New Business Models and Markets”
at the Grand Copthorne this Friday. It’s a full day conference talking about various aspects of Web2.0 and the lineup looks pretty interesting.

The panel I’ll be present at is at 3:30pm, called Generation Y and the Emerging Power of User-generated Content

What makes younger generations tick? How do you reach them as a company and why is self-expression in the form of user-generated content becoming so important to today’s Internet generation?
Claus Mortensen moderates a panel of prominent young bloggers from around the Asia/Pacific region to get their perspective on these issues and more. This panel will give the audience a great opportunity to understand what motivates today’s “Generation Y”.

The other panelists are Kenny Sia, The Compulsive Confessor and Hong Kong Phooey.

Tickets to the whole conference are available (and a little expensive), but I think businesses can definitely benefit from it. But for those of us who don’t otherwise have the money to spend, there’ll be a live webcast where you can ask questions to the panel. (Please don’t ask some killer question, ok?)

Quite a big honour to be invited to the panel since my presence in the social media world is probably about 100 days. Hope it’ll be a great experience!

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