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    Aberdeen Study: Embrace Social Software and Improve Business Performance

    Social software can help a company improve their core business processes and performance across the enterprise — from sales and marketing to support and product management — and it’s something we strive to highlight through case study work and blog posts about our customers.

    But, as is an age-old problem for proponents of collaborative technologies, it’s sometimes difficult to show these benefits quantitatively. So when Aberdeen Group sent us some hard data that proved companies that embraced social software as a strategic, enterprise wide-initiative saw improvements in business performance, we were very happy to sponsor it (click here for a free copy).

    The report surveyed 300 enterprises, and broke them down into three categories based on the maturity and sophistication of their social software adoption (best-in-class, industry average and laggard). I encourage anyone considering the benefits of social software to read the entire report, but here’s a few highlights:

    1. Companies that widely harnessed social software (best-in-class) took on average 11 hours to bring a response team together for a key business threat, while industry average companies took 105 hours and laggards 113.
    2. Best in class companies took five months to complete key strategic projects, while industry average companies took 8 months and laggards a staggering 14 months.
    3. Best-in-class companies saw a 36 percent decrease in time to enact key business changes based on customer feedback, while laggards experienced a 17 percent increase.

    This data about social software improving business performance mirrored what the Deloitte Center for the Edge found in its research about Socialtext customer OSIsoft. During a webinar for the Enterprise 2.0 Conference, Deloitte reported that OSIsoft saw a 22 percent decrease in the time it took to resolve customer support issues due to its use of social software for handling exceptions to business process.

    The Socialtext team has been thrilled with these findings, and we look forward to sharing more customer stories like this soon.

    How General Motors Uses Socialtext for Its R&D

    General Motors’ Research & Development has a global network of research centers and science & technology offices. One of the ways the research staff shares their work with colleagues is through a semi-annual forum. It provides researchers with the opportunity to interact face-to-face or virtually, using audio/web teleconferencing and a file management system. But due to the geographic distribution of GM R&D, it results in some attending the forum early in the morning or late at night.

    To address the difficulty in getting researchers to interact with each other at the semi-annual forum, GM turned to Socialtext to provide a central, secure place where this research can be shared openly among the GM research community — and where it is searchable and discoverable.

    “We are building a virtual forum site with Socialtext,” John Suh, a Staff Researcher at the GM Advanced Technology Silicon Valley Office, told me recently. “I want our researchers to post abstracts, posters, and a brief audio file into Socialtext. Before, during or after a research event, research staff and management can then ask questions and learn more about a particular area of research, using the ‘comment’ feature. So if someone in one office or time zone happened to miss out or cannot attend when the event was live, he or she can go into Socialtext and still participate in the conversation. And those that are interested in working together as a research team can use Socialtext Groups.”

    John envisions this will enhance participation and the formation of collaborative work between the various R&D sites. “It’s really great that it’ll be easier for both the authors/presenters and the attendees to learn about what’s going on and find potential research partners,” he says.

    Researchers will be encouraged to fill out their People Profiles, a social networking feature that allows them to share expertise and work activities. We think this is a really neat use of Socialtext, and we look forward to watching GM’s progress.

    About This Blog

    Weblog on gaining business results from social software.

    On this blog, Socialtext staffers and customers explore how companies can gain the most business value from their use of enterprise social software, including microblogging, social networking, filtered activity streams, widget-based dashboards, blogs and wikis.

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    6 Steps to Drive Social Software Adoption

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    This paper will help you drive the adoption of a social software solution in your company. It shares Socialtext's own carefully planned roll-out process for our social software, which incorporates our learnings of over 5 years and 6,500 customers.