Showing posts with label social media. Show all posts
Showing posts with label social media. Show all posts

Wednesday, April 18, 2007

Social Causes

One great use of social media and user generated content of any form (text, audio and especially video) is to support a cause and a social initiative. Corporations in particular can utilize that form of communication to publicize and enhance awareness of the cause and their contributions as well. Corporate social initiatives and corporate social responsibility are current trends that have great impact in brand reputation and equity. I believe that businesses will realize the potential benefits that social media could add to their CSR campaigns and start utilizing these as strategic tools.


An example of my previous statement can clarify what I mean. Suppose you are a business that starts a new social initiative, for example a race against deforestation. You can host videos and other forms of content (such as photos, text comments, etc.) of local people and your employees planting trees. On each event you plan and host you can add valuable content of that kind to inspire more people to join your efforts, to show that while doing these activities you can have fun and to show that you support and embrace your community and its members. These videos or media of any kind you choose to implement can also have a great educational value.

Business Strategy Evolution

Last year I had written a series of posts about the possible evolution of business strategy. A great blogger I know, Dmitry Linkov, was writing his post-graduate assignment on this topic and these were some of my thoughts about the subject (you can find my thoughts here, here and here). Anyway, thinking of my ideas about business strategy evolution it seems that I have not included what these days seems so obvious: social media. Social media are and will definitely be included in the short and medium-term focus of business strategy and innovational – creative thinking. In fact, I foresee social media as key elements that corporations and organizations will implement as core competencies and they will take advantage of their users’ generated content as business strengths.