April 12, 2015 by
- 79% of Inc CEOs have an active social media presence
- 30% of Fortune CEOs have an active social media presence
- 50% of these CEOs are most active on Twitter, 47% on LinkedIn and 45% on Facebook (source: CEO.com)
The 10 most active Social CEOs are:
- Richard Branson: Founder, Virgin Group
- Jeff Weiner, CEO, LinkedIn
- Msrissa Meyer, CEO, Yahoo
- Adriana Huffington, Group President, AOL
- Elon Musk, Chairman/CEO, Tesla Motors
- Anand Mahindra, Chairman and MD, Mahindra & Mahindra
- Kaifu Lee, Chairman/CEO, Innovation Works
- Jeff Immelt, CEO GE
- Jack Welch, CEO, Welch Management Institute
- Angela Ahrendts, CEO, Burberry Group (source: BBC)
Key attributes of Social CEOs are:
- Insatiable curiosity
- DIY mindset
- Bias for action
- Relentless givers
- Connect instead of promote
- Company’s #1 Brand Ambassador
- Lead with an open mindset (source: Harvard Business Review)
These stats, examples and character traits indicate Social CEOs are different than CEOs in general. Not only are Social CEOs different, but, as a result of their social media participation, so are public perceptions of their companies.
How do Social CEOs change a company culture, perceptions and workplace? Here are 21 surprising facts on companies with Social CEOs.
- 87% of US employees and 79% of UK employees agree that having a social media policy in place allows a company’s leadership team to be proactive rather than reactive in response to company challenges (source: Brandfog)
- 85% of US employees and 75% of UK agree social media is a valuable public relations channel for managing brand reputation (source: Brandfog)
- 84% of US employees and 76% of UK believe that social media is an effective way to monitor conversations about a brand online and to help brands prevent potential reputation crises (source: Brandfog)
- 83% of US employees and 73% of UK believe that CEO participation in social media builds better connections with customers, employees, and investors (source: Brandfog)
- 82% of US employees and 71% of UK believe that CEO engagement on social media helps to communicate company values and shapes a company’s brand reputation (source: Brandfog)
- 82% of US employees and 71% of UK overwhelmingly believe that executive use of social media raises brand awareness (source: Brandfog)
- 82% of customers are more likely to trust a company whose CEO and leadership team are active on social media (source: Adweek)
- 81% believe CEOs who engage on social media are better equipped to lead companies in the modern world (source: Brandfog)
- 79% of US employees and 68% of UK believe that having a socially active C- Suite leadership team can mitigate risk before a brand reputation crisis occurs (source: Brandfog)
- 77% of US employees and 69% of UK agree that executive use of social media fosters brand transparency. (source: Adweek)
- 75% of US employees believe a company’s C-Suite executives and leadership team use social media to communicate about core mission, brand values and purpose is more trustworthy (source: Brandfog)
- 67% of UK employees believe a company’s C-Suite executives and leadership team use social media to communicate about core mission, brand values and purpose is more trustworthy (source: Brandfog)
- 67% of US and UK employees agree social media has become an essential aspect of PR and communications strategy for C-Suite executives (source: Brandfog)
- 61% of US employees and 50% of UK are more likely to purchase from a company whose values and leadership are clearly communicated through executive leadership participation on social media (source: Brandfog)
- 55% of employees believe a Social CEO is a good communicator; this compare to 38% in companies with CEOs does not use social media (source: Weber Shandwick)
- 52% of employees feel inspired by CEO participation in social media (Weber Shandwick)
- 51% of employees with Social CEOs believe their social media participation is not risky (source: Weber Shandwick)
- Between 2012 and 2013, the perception that C-Suite and executive participation in social media leads to better leadership increased from 45% to 75% (source: Brandfog)
- 48% of employees believe a Social CEO is open and accessible; this compares to 37% in companies with CEOs does not use social media (source: Weber Shandwick)
- 42% of CEOs participate in social media today; 63% are estimated to be participating in social media in 5 years; that’s a 50% increase (source: Weber Shandwick)
- 37% of employees believe a Social CEO is a good listener; this compares to 29% in companies with CEOs does not use social media (source: Weber Shandwick)
Below is an infographic that shows some of the facts about Social CEOs.
Do these facts about companies with Social CEOs surprise you? Do they change your perceptions? Does your C-Suite and CEO need help learning how to participate in social media to realize these Social CEO benefits?
March 29, 2015 by
Americans spend more time on social networks than any other internet activity, including email (source: Business Insider).
This fact may be a key reason many brands pursue social media, but it’s an even better reason why they should have a social media engagement plan, first.
Social media engagement is communicating in a distinctive way so your audience pays attention and has a relationship with your brand in a two-way conversation. A recent survey of 45 CMOs found the majority of CMOs don’t know the definition of engagement.
How to brands practice social media engagement? Offer customer support, attract and retain valuable employees, show they have a sense of humor, distribute relevant content, ask for user generated content and say they’re sorry in a heart-felt way that wins customers when they make mistakes.
Brands that are successful with social media engagement define a purpose and role for social media, first; one that gives them both a business and relationship building reason for being there.
Here are 10 best brand examples of social media engagement.
- BISSELL: The vacuum cleaner company knows how to crack a joke from time to time on its Facebook page. What’s great about Bissell’s humor is that it never sacrifices brand relevancy, as is evident by this smartly funny Facebook post.
- CHOBANI: One of the most popular greek yogurt brands embraced digital storytelling offering to publish users stories. Real fans made original videos, creative photos, and left praise on social media channels about their favorite greek yogurt, supplying Chobani with an impressive amount of UGC to use for marketing purposes. Tweets were put on their billboards. Videos were featured on their website, and others were sent out to their social media followers.
- CLEVELAND CLINIC: In a regulated industry generally far behind the content marketing curve, the hospital delivers posts that help people deal with chronic diseases, overcome depression, and the battle to live a healthier life. And all of the content is written by physicians who practice there. No wonder a regional hospital has more than 1.2 million Facebook Likes.
- ORACLE: The Instagram profile of Oracle consists of photos from company events and conferences around the country, while providing an inside look at what it’s like to work for the company. Their team’s dedication and enthusiasm is reinforced with employees commenting #proudtobeoracle consistently across photos. This transparency allows other businesses and prospects to experience the company’s highly engaged staff. The company also shares short video clips with their followers to better tell the brand’s story.
- KRAFT MAC & CHEESE: How do make an ordinary noodle into something customers want to have a relationship? By giving it some personality so it the kind of brand you’d like to sit down and eat with, just like the team at Kraft does with endearing posts?
- SALESFORCE: The Facebook business page of Saleforce shows an active and engaged community. Tabs are set up which allow visitors to explore and learn about the company’s offerings, such as their CRM (customer relationship management) solutions, without a single high-pressure sales message. Their posts, which average one per day, ask thought-provoking questions and share their own and others’ blog posts.
- TIME: If you’re going to practice social media engagement, you’re going to deal with disgruntled customers. Here’s how Time magazine does it. Don’t just say the words but mean it. Come right out and say “I made a mistake and I am sorry for that.” Apologising and admitting to an error are not bad things and will not result in you looking weak.
- T-MOBILE: In an attempt to steal away customers from it’s competitors, T-Mobile offered to pay the contract cancellation fees of any person who “broke up” with their existing cell phone service and switched to T-Mobile. They launched an ‘Un-Valentines Day’ with a Facebook App that let people create a custom break up letter to their carrier and print it out or share it on their social networks.
- WHOLE FOODS: Would you “Holla for Challah bread”? Whole Foods wants you to, and that’s just one of its witty little Facebook updates. Mainly sharing recipe and food ideas through its Facebook page and Twitter feed, Whole Foods adds a dash of humor that makes it a lot more fun to follow than your average recipe source.
- X-BOX: Anyone who’s owned a gaming system knows they can be buggy at times. What makes them stand out is that they’re not just an intermediary between the user and the call center; they actually troubleshoot and solve problems on Twitter when possible. No waiting on hold. Instant customer service and expectations exceeded.
Do these examples show you the value of social media engagement? Do you have a plan for social media engagement?