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Welcome To The #Social Era Where Business Is Unusual

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Welcome To The #Social EraWhere Business Is Unusual

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Unusual Has A Different Meaning

In the way we think about business

• From Profit to Purpose• From Meaningless to Meaningful• From Producing Things to Producing Value• From Employees to Freelancers• Where Making a Difference Matters• From Competitive to Collaborative Advantages• From Tangible Results to Intangible Value

@JDeragon

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business has changed

and the rules have changed@JDeragon

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11 Rules That Create Meaning….

1. Connections Create Value

2. Power in Community

3. Collaboration > Control

4. Celebrate Onlyness

5. Allow All Talent

6. Consumers Become Co-Creators

With Purpose And….@JDeragon

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for meaningful work that…

7. Mistakes Can Build Trust

8. Learn. Unlearn. (Repeat)

9. Bank on Openess

10.Social Purpose Unleashes Ownership

11.There Are No Answers

makes a difference@JDeragon

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this is causing a power shift

Managing minds: top-down, bottom-up and outside-in collaboration

@JDeragon

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The Social Era Is about how we create value by…1. How We Organize2. How We Deliver value3. How We Sell & Market4. Why It Matters to Competitiveness5. How We Scale Performance6. How Purpose Drive Alignment7. Adapting & Promoting Openness8. How We Create Change

@JDeragon

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What the industrial era meant to production of tangible things the Social Era will mean to the production of value from intangible things

@JDeragon

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S&P Index reflects the shift of value to intangibles

@JDeragon

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old methods are falling short

• Accounting missing 80% of value

• Business models have not optimized human capital

• Organizational design org charts don’t explain how value is created

• Marketing Connecting people with products and purpose

• Strategic planning you can’t plan innovation from the inside

@JDeragon

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drivers of change

1. Stagnant companies and economies

2. Innovation is urgently needed to survive in many industries

3. Culture, trust and co-creation are now understood as key to corporate success

4. Social technologies are empowering customers, stakeholders, employees—and taking control of conversations

the tipping point@JDeragon

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Intangibles represent a new economic graph

“Our ultimate dream is to develop the world's first economic graph.”

– Jeff Weiner, CEO LinkedIn

Today, LinkedIn facilitates personal endorsements….

…tomorrow, companies will also be measured in this way.

@JDeragon

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Source: Corrado and Hulten (2010). Last point plotted is 2007.

Intangible capital

Computerized information

– Software

– Databases

Innovative property – R&D, broadly

defined

– Copyrights and licenses

– Designs

Economic competencies

– Marketing and branding

– Strategic firm practices

Intangible vs. tangible investment rate rises over time in the United States

www.conference-board.org/data/intangibles/

Long-term investment shift

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For now, holding at +/- 80%

@JDeragon

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The Social Era Will Accelerate…

knowledge about intangible assets@JDeragon

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Social Era Performance is…

driven by the intangibles

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The Social Era Will Produce

Smarter Companies that know how to quantify tangible value created from

intangible assets.

Learn more from Smarter Companies

www.smarter-companies.com

@JDeragon