DATA ANALYTICS THE EMERGING CATACLYSMIC FORCE FOR THE COMMUNICATIONS INDUSTRY CHRIS DERI TENEO HOLDINGS
SETTING THE CONTEXT
THERE’S DATA, WHAT THIS DATA MEANS FOR EVERYWHERE THE CEO IMPLICATIONS CHANGING ROLE FOR THE OF INSIGHTS ENTERPRISE
THERE’S DATA, WHAT THIS DATA MEANS FOR EVERYWHERE THE CEO IMPLICATIONS CHANGING ROLE FOR THE OF INSIGHTS ENTERPRISE
BLUE RUBICON INSTITUTE “We need empirical evidence not philosophical assertion. We need mechanisms and a systematic approach to tracking stakeholders, issues, perceptions and identifying patterns. And we need good radar to track emerging issues.” S EN I OR I NDEPENDENT DIRECTOR [ M u l t i n a tional Financial S ervices]
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FROM… TO… • Harnessing Big Data • Little & Big data blending
FROM… TO… • Harnessing Big Data • Little & Big data blending • Cacophony of critical factors • Singular “root causes” analysis
FROM… TO… • Harnessing Big Data • Little & Big data blending • Cacophony of critical factors • Singular “root causes” analysis • Automated dashboards • Analog curation
THERE’S DATA, WHAT THIS DATA MEANS FOR EVERYWHERE THE CEO IMPLICATIONS CHANGING ROLE FOR THE OF INSIGHTS ENTERPRISE
CEOs: KNOWLEDGE HUNTER-GATHERERS
CEOs: KNOWLEDGE HUNTER-GATHERERS ROUTINE PRACTICES • One-to-one conversations • Walkabouts • Quick catch-up meetings over coffee
CEOs: KNOWLEDGE HUNTER-GATHERERS ROUTINE RELATIONSHIPS PRACTICES • One-to-one • Conversations with conversations inner circle • Walkabouts • Networks of former colleagues • Quick catch-up meetings over • Trade conferences coffee
CEOs: KNOWLEDGE HUNTER-GATHERERS ROUTINE TOOLS AND RELATIONSHIPS PRACTICES TECHNOLOGIES • One-to-one • Conversations with conversations inner circle • Monitoring system • Walkabouts • Networks of former • Twitter colleagues • Quick catch-up • Blog meetings over • Trade conferences coffee
CEOs: KNOWLEDGE HUNTER-GATHERERS OUR FOCUS ROUTINE TOOLS AND RELATIONSHIPS PRACTICES TECHNOLOGIES • One-to-one • Conversations with conversations inner circle • Monitoring system • Walkabouts • Networks of former • Twitter colleagues • Quick catch-up • Blog meetings over • Trade conferences coffee
BLUE RUBICON INSTITUTE “We need reputation tracking capabilities to provide a base line analysis of current levels of reputation and trust – a credible measurement. We need to have a wider and deeper view of reputation and the ability to read across the business for reputation and trust risks. And we need to understand where we are making it difficult for customers to do business with us.” BOARD DIRECTOR [FTS E100]
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FROM… TO… • Data & Insights Given to CEO • Data & Insights Gathered by the CEO
FROM… TO… • Data & Insights Given to CEO • Data & Insights Gathered by the CEO • Distracted by Dashboard • Informed by Analog & Digital Analysis
FROM… TO… • Data & Insights Given to CEO • Data & Insights Gathered by the CEO • Distracted by Dashboard • Informed by Analog & Digital Analysis • 100% clarity before decisions • Agile decision-making
THERE’S DATA, WHAT THIS DATA MEANS FOR EVERYWHERE THE CEO IMPLICATIONS CHANGING ROLE FOR THE OF INSIGHTS ENTERPRISE
RESEARCH ACROSS COMMS LIFECYCLE
RESEARCH ACROSS COMMS LIFECYCLE B BUILD AWARENESS
RESEARCH ACROSS COMMS LIFECYCLE AWARENESS A B BUILD ADVANCE KNOWLEDGE
RESEARCH ACROSS COMMS LIFECYCLE B A S BUILD ADVANCE SUSTAIN AWARENESS KNOWLEDGE RELEVANCE
RESEARCH ACROSS COMMS LIFECYCLE B A S I BUILD ADVANCE SUSTAIN INITIATE AWARENESS KNOWLEDGE RELEVANCE ACTION
RESEARCH ACROSS COMMS LIFECYCLE B A S I C BUILD ADVANCE SUSTAIN INITIATE CREATE AWARENESS KNOWLEDGE RELEVANCE ACTION ADVOCACY
SOCIAL = CONVERSATIONS IN CONTEXT SOCIAL SIMPLY PROVIDES CONTEXT UNPROMPTED AND UNFILTERED READ OF VOCAL PUBLIC OPINION SOCIAL MEDIA ANALYSIS THE SCALE OF SOCIAL HAS FOSTERED DASHBOARD SYNDROME, CONFUSING DATA WITH HAS OVERWHELMED & FRACTURED INSIGHT MANY BUSINESSES
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FROM… TO… • Tactical and executional • Strategic and predictive
FROM… TO… • Tactical and executional • Strategic and predictive • Evaluation (what is happening today; • Measurement (determining progress pass/fail) towards a goal)
FROM… TO… • Tactical and executional • Strategic and predictive • Evaluation (what is happening today; • Measurement (determining progress pass/fail) towards a goal) • Piecemeal, siloed analysis • Integrated, holistic analysis
FROM… TO… • Tactical and executional • Strategic and predictive • Evaluation (what is happening today; • Measurement (determining progress pass/fail) towards a goal) • Piecemeal, siloed analysis • Integrated, holistic analysis • Subject-matter expertise • Machine learning, curated
FROM… TO… • Tactical and executional • Strategic and predictive • Evaluation (what is happening today; • Measurement (determining progress pass/fail) towards a goal) • Piecemeal, siloed analysis • Integrated, holistic analysis • Subject-matter expertise • Machine learning, curated • Research to justify function/ • Research to create comms departmental performance with the intended impact
THERE’S DATA, WHAT THIS DATA MEANS FOR EVERYWHERE THE CEO IMPLICATIONS CHANGING ROLE FOR THE OF INSIGHTS ENTERPRISE
STATUS QUO: DISCONNECTED DATA CEO
STATUS QUO: DISCONNECTED DATA SOCIAL REVENUE GROWTH EBITDA SUPPLY CHAIN EPS NEWS IT AND BUSINESS CEO MARKETING STRATEGY RISK PROFILE BRAND PATH TO HEALTH CRM PURCHASE CLIENT RETENTION RATIOS
“The dirty little secret of big data is that most data analysts spend the vast majority of their team cleaning and integrating data – not actually analyzing it.” TOM DAVENPORT, P R OFES S OR OF IT & MANAGEMENT [BABS ON C OLLEGE]
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FROM… TO… • Digital groups and silos • Digital-first organizations
FROM… TO… • Digital groups and silos • Digital-first organizations • Predictions based on past • Capitalizing on patterns
FROM… TO… • Digital groups and silos • Digital-first organizations • Predictions based on past • Capitalizing on patterns • Accelerating processes • Automating processes
FROM… TO… • Digital groups and silos • Digital-first organizations • Predictions based on past • Capitalizing on patterns • Accelerating processes • Automating processes • Tactical focus on outputs • Strategic focus on outcomes
BLUE RUBICON INSTITUTE “The board wants evidence and indicators that help them understand management’s actions and their impact on trust (is it being incrementally built?), is trust differentiating the business, and are we moving the dial on trust? They want trust indicators that closely align with customer and business value metrics.” GR OUP C OR PORATE AFFAIRS DIRECTOR [N ATION AL BANK ]
THREE LIVE USE CASES
THREE LIVE USE CASES 1 DE-DIGITIZING THE DASHBOARD
THE DASHBOARD 2 THREE LIVE USE CASES 1 MAPPING THE DE-DIGITIZING INFLUENCERS WHO REALLY MATTER
THE DASHBOARD 2 REALLY MATTER 3 THREE LIVE USE CASES 1 EARLY WARNING: MAPPING THE DE-DIGITIZING AUTOMATING, INFLUENCERS WHO ACCELERATING INSIGHT
THE DASHBOARD 2 REALLY MATTER 3 THREE LIVE USE CASES 1 EARLY WARNING: DE-DIGITIZING MAPPING THE AUTOMATING, INFLUENCERS WHO ACCELERATING INSIGHT
MANUALLY-CURATED INSIGHTS AND IMPLICATIONS
MANUALLY-CODED SENTIMENT
SOCIAL SCIENCE METHODS TO IDENTIFY LEADING INFLUENCERS
LEADING ISSUES IDENTIFIED TO DRIVE ENGAGEMENT
THREE LIVE USE CASES 1 2 3 MAPPING THE EARLY WARNING: DE-DIGITIZING INFLUENCERS WHO AUTOMATING, THE DASHBOARD ACCELERATING INSIGHT REALLY MATTER
“There are 1,000 people in the world who truly influence this issue. I need to know who they are, what they are saying and who I can engage.” CEO [ G LOBAL 100 C OMPANY ]
KEY INFLUENCERS TRANSLATE INTO ENGAGEMENT
HEALTH CRUSADERS ALL NATURAL MOMS MEDICAL PROFESSIONALS AGE: 45-63 DIETICIANS, MOMS AGE: 20-44 11% 17% DOUBTING DIETERS MEDICAL RISK ADVOCATES 8% DOCTORS, ATHLETES 23% AGE: M 29-44, F 45-63 MEDICAL PROFESSIONALS, DIETICIANS AGE: 20-44 Engage 41% Engage carefully NUTRITIONAL BALANCE SEEKERS Monitor but do not engage MILLENIALS, WRITERS, MUSICIANS AGE: 20-44
NETWORK VISUALIZATIONS BESPOKE TO EACH INFLUENCER’S GENUINE REACH
THE DASHBOARD 2 THREE LIVE USE CASES 3 1 EARLY WARNING: MAPPING THE AUTOMATING, DE-DIGITIZING INFLUENCERS WHO ACCELERATING REALLY MATTER INSIGHT
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