Fifteen years ago, buying books or shoes online seemed novel. But traditional commerce and e-commerce gradually merged, until there was no more “online business.” Only business. A similar shift is unfolding right now with social technology. Social media’s leaps in the past five years only hint at what social technology will do over the next five. The rise of social business. On a smarter planet, leaders in every industry have begun taking advantage of social technology, erasing distinctions between “social business” and business. Increasingly, your customers and employees expect you to integrate social into your core business processes. A social workforce is a smarter workforce. We humans are social animals, even at work. With 1.5 billion of us using social networks, you don’t need to convince your workforce of social’s value—you just need to create a culture that guides and supports the application of social networking to your work processes. When a workforce operates as a network of communities instead of an organizational chart, employees can spot and fill gaps in their expertise. They can seamlessly share their knowledge across departments, across languages, across oceans. Those aren’t idle fantasies for Cemex, a $15 billion cement maker that wanted to create its first global brand of concrete—a task that required the coordination of stakeholders from each country. To do this, Cemex didn’t build a new lab. It built a social business network. Employees in 50 countries formed one active global community whose collaboration helped launch the brand in a third of the anticipated time. IBM, the IBM logo, ibm.com, Let’s Build A Smarter Planet, Smarter Planet and the planet icon are trademarks of International Business Machines Corp., registered in many jurisdictions worldwide. A current list of IBM trademarks is available on the Web at www.ibm.com/legal/copytrade.shtml. © International Business Machines Corporation 2013. Turning customers into advocates. It’s taken social media only half a decade to alter consumer behavior. Social inputs like reviews and comments may be driving as much as a third of consumer spending. And it’s estimated that, by 2022, social technology will enable four out of every five customer transactions. As consumers become more empowered, it’s crucial to use social technology to engage and connect with your customers. Italian poultry leader Amadori Group uses IBM solutions for social business to interpret the Web as an infinite focus group. By applying social listening to online discussions, the company can creatively and nimbly respond to consumer sentiment. Social conversation on sustainability inspired Amadori to introduce greener packaging. By incorporating social into online experiences to reach new audience segments, Amadori can turn customers into advocates. There’s no business but social business. Investing in becoming a social business—in helping your workforce deliver an exceptional customer experience—has never been so urgent. A 5 percent decrease in customer attrition can boost profits by up to 95 percent. And finding new customers can cost you up to five times as much as keeping the ones you have. * Becoming a social business goes beyond building a social network. It demands capturing and analyzing the vast amount of data that the network creates. Using that data can remove boundaries both inside and outside your company. And before you know it, there will be no more “social business.” Only business. To learn more, visit us at ibm.com/social-business ‘‘ Liking ’’ isn ’t leading. LET’S BUILD A SMARTER PLANET. Could you use an extra day of productivity from your staff each week? Social technology can increase efficiency by as much as 25 percent. The social-technology industry, worth $600 million in 2010, will grow tenfold by 2016 to $6.4 billion. By 2014, nearly four out of five companies plan to invest in social technology to foster internal collaboration and to listen to customers. *Frederick F. Reichheld, The Loyalty Effect: The Hidden Force Behind Growth, Profits, and Lasting Value (Boston: Harvard Business School Press, 1996).