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The Significance of Digital Channels in Modern Corporate Strategies By Usman Sheikh
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The Significance of Digital Channels in Modern Corporate Strategy

Oct 21, 2014

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Page 1: The Significance of Digital Channels in Modern Corporate Strategy

The Significance of Digital Channelsin Modern Corporate StrategiesBy Usman Sheikh

Page 2: The Significance of Digital Channels in Modern Corporate Strategy

1. Introduction

2. Why We Need this Session?

3. What is Digital?

4. Changes in the Organisational Landscape

5. Social Media & Reputation Management

6. Personal Brand Management

7. Examples

The Next 90 Minutes...

Page 3: The Significance of Digital Channels in Modern Corporate Strategy

Introduction5 minutes

1 of 7

Page 4: The Significance of Digital Channels in Modern Corporate Strategy

» Usman Sheikh

» Creative Director at SapientNitro

» Head of Digital Experience Design for RBS & NatWest

» 18 years within Digital Design & Strategy

» Writer and Contributor for Various Magazines

» (Reasonably) Successful Entrepreneur

Who am I?

Page 5: The Significance of Digital Channels in Modern Corporate Strategy

» Usman Sheikh

» Creative Director at SapientNitro

» Head of Digital Experience Design for RBS & NatWest

» 18 years within Digital Design & Strategy

» Writer and Contributor for Various Magazines

» (Reasonably) Successful Entrepreneur

» Your Peer at UH..

Who am I?

Page 6: The Significance of Digital Channels in Modern Corporate Strategy

Why do we need this session?10 minutes

2 of 7

Page 7: The Significance of Digital Channels in Modern Corporate Strategy

Why do we need this session?

Digital is not a segment anymore,it is embeded in everything.

Page 8: The Significance of Digital Channels in Modern Corporate Strategy

Why do we need this session?

Corporate Strategy

Page 9: The Significance of Digital Channels in Modern Corporate Strategy

Why do we need this session?

Corporate Strategy

Survival of the Business

Page 10: The Significance of Digital Channels in Modern Corporate Strategy

Why do we need this session?

Corporate Strategy

Survival of the Business

Revenue Generation (Cash)

Page 11: The Significance of Digital Channels in Modern Corporate Strategy

Why do we need this session?

Corporate Strategy

Survival of the Business

Audience Engagement

Revenue Generation (Cash)

Page 12: The Significance of Digital Channels in Modern Corporate Strategy

Why do we need this session?

Therefore...

Page 13: The Significance of Digital Channels in Modern Corporate Strategy

Corporate Strategies are basically about

capturing the audience’s attention

Page 14: The Significance of Digital Channels in Modern Corporate Strategy

Digital channels have considerably higher engagement levels than any other medium.

In the UK we spend more than6 hours a day actively engaged with digital channels.

More on this later...

Page 15: The Significance of Digital Channels in Modern Corporate Strategy

What is Digital?20 minutes

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Page 16: The Significance of Digital Channels in Modern Corporate Strategy

What is Digital?

For most businesses, the words “Digital” or “Digital Strategy“equate to having a company

website.

Page 17: The Significance of Digital Channels in Modern Corporate Strategy

They’re not wrong.

Page 18: The Significance of Digital Channels in Modern Corporate Strategy

in the same way as this represents

a bowl of cereal.

Page 19: The Significance of Digital Channels in Modern Corporate Strategy

What is Digital?

Digital is about... EngagementConnectivityCollaborationCommunicationSharingTechnology?

Video Link:http://youtu.be/xsWbECkVqgI

Page 20: The Significance of Digital Channels in Modern Corporate Strategy

What is Digital?

How often do you think they mentioned “Technology” in

that video?

Page 21: The Significance of Digital Channels in Modern Corporate Strategy

What is Digital?

How often do you think they mentioned “Technology” in

that video?

Twice.(With one of those being “Digital is NOT about technology”)

Page 22: The Significance of Digital Channels in Modern Corporate Strategy

Sir, you need to step away..from the idea that Digital is only

applicable to certain high-tech industry sectors.

Page 23: The Significance of Digital Channels in Modern Corporate Strategy

If you are in an orgnisation that has customers, and can benefit from providing a better service to those customers then your organisation needs to have a Digital strategy.

What is Digital?

You need to engage with the customersusing one or more of the Digital Channels.

Page 24: The Significance of Digital Channels in Modern Corporate Strategy

Right, so what were the Digital Channels again?

Page 25: The Significance of Digital Channels in Modern Corporate Strategy

Simply put, a Digital Channel is any electronic medium which can serve as a touch point between the customer and the brand.

What is Digital?

Web Mobile Social Video

Got it?

Page 26: The Significance of Digital Channels in Modern Corporate Strategy

Great, let’s move on then.

Page 27: The Significance of Digital Channels in Modern Corporate Strategy

Changes in the Organisational Landscape

10 minutes

4 of 7

Page 28: The Significance of Digital Channels in Modern Corporate Strategy

The Internet and the wide spread usage of Digital channels has triggered a significant pradigm shift in the traditional models of both information access and organisational structures.

Changes in Organisational Landscape

“The Internet is like our equivalent of the Gutenberg Press. It’s the distribution of knowledge in a massiveform.”

Page 29: The Significance of Digital Channels in Modern Corporate Strategy

Organisational sciences suggest that traditional businesses require structures that have a high degree of clarity about the difference between of inside-vs.-outside the company, employee vs. employer, competitor vs. customer and so on.

These are precisely the fixed distinctions that are becoming fluid, making them more a matter of perspective than structure.

Changes in Organisational Landscape

Page 30: The Significance of Digital Channels in Modern Corporate Strategy

Adoption of a more complex but fluid organisational structure - a community structure

Changes in Organisational Landscape

Businesses play the role of facilitators of a community of members, allowing them to play various parts as and when they’re needed.

Free flow of information, focus on socialrelationships facilitated by mainstream social channels.

Page 31: The Significance of Digital Channels in Modern Corporate Strategy

Social Media &Reputation Management

10 minutes

5 of 7

Page 32: The Significance of Digital Channels in Modern Corporate Strategy

Social Media & Reputation Management

Unlike traditional media, which was one directional, social media gives the consumer the power to respond back to brand messaging.

Page 33: The Significance of Digital Channels in Modern Corporate Strategy

Social Media & Reputation Management

This can be incredibly powerful for brands if the consumer sentiment is positive. However, it can

also be devastating if not handled with care.

Unlike traditional media, which was one directional, social media gives the consumer the power to respond back to brand messaging.

Page 34: The Significance of Digital Channels in Modern Corporate Strategy

Social Media & Reputation Management

This can be incredibly powerful for brands if the consumer sentiment is positive. However, it can

also be devastating if not handled with care.

Unlike traditional media, which was one directional, social media gives the consumer the power to respond back to brand messaging.

Therefore, managing relations with consumers and maintaining a positive reputation should be a critical activity for all brands.

Page 35: The Significance of Digital Channels in Modern Corporate Strategy

Social Media & Reputation Management

As a brand, always assume that everything will make its way

online.

Page 36: The Significance of Digital Channels in Modern Corporate Strategy

The worse the story, the quicker it goes viral.

Page 37: The Significance of Digital Channels in Modern Corporate Strategy

Social Media & Reputation Management

A quick overview of the social platforms that you need to be aware of...

Page 38: The Significance of Digital Channels in Modern Corporate Strategy

Social Media & Reputation Management

The 3 golden rules for brand reputation management...

Sincerity

Truly wanting to hear from your customers and the desire to provide a positive experience with your company

Page 39: The Significance of Digital Channels in Modern Corporate Strategy

Social Media & Reputation Management

The 3 golden rules for brand reputation management...

Sincerity Transparency

Truly wanting to hear from your customers and the desire to provide a positive experience with your company

Tear down the corporate rhetoric and the PR spin. The more you share with your customers the more you’ll win their trust

Page 40: The Significance of Digital Channels in Modern Corporate Strategy

Social Media & Reputation Management

The 3 golden rules for brand reputation management...

Sincerity Transparency Consistency

Truly wanting to hear from your customers and the desire to provide a positive experience with your company

Tear down the corporate rhetoric and the PR spin. The more you share with your customers the more you’ll win their trust

Your customers will forgive your isolated failure, but if you’re not consistently living-up to your promises, they’ll find a company that does.

Page 41: The Significance of Digital Channels in Modern Corporate Strategy

Social Media & Reputation Management

Online reputation management is about identifying what is being said about you

online, responding where appropriate and building up a positive digital reputation.

So to summarise...

Page 42: The Significance of Digital Channels in Modern Corporate Strategy

Personal Brand Management

10 minutes

6 of 7

Page 43: The Significance of Digital Channels in Modern Corporate Strategy

Personal Brand Management

A well thought through personal brand can give you competitive edge, by setting you apart from

the competition.

Page 44: The Significance of Digital Channels in Modern Corporate Strategy

Fine tune the details..

Page 45: The Significance of Digital Channels in Modern Corporate Strategy

Personal Brand Management

The packaging, the ingredients and the value of a product influences your decision to either

buy it or move on.

Page 46: The Significance of Digital Channels in Modern Corporate Strategy

Personal Brand Management

The packaging, the ingredients and the value of a product influences your decision to either

buy it or move on.

Personal Branding is all about packaging yourself up in a way that you become that must-have product for potential employers.

Page 47: The Significance of Digital Channels in Modern Corporate Strategy

Personal Brand Management

Key things to consider...

- Have a story.. how did you get here?- Voice - be natural, use simple language and have a perspective- Packaging - is your LinkedIn profile optimised?- Be transparent - nobody like a poser so be who you are.- Market yourself.

Page 48: The Significance of Digital Channels in Modern Corporate Strategy

Examples10 minutes

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Page 49: The Significance of Digital Channels in Modern Corporate Strategy

Examples

The Bad...

Woolworths Clinton Cards Borders

Kodak HMV Virgin Mega

Page 50: The Significance of Digital Channels in Modern Corporate Strategy

Examples

The Good...

Apple Google Amazon

Nike Certain Hotels Easy Jet

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Questions?