Intranet Lounge - Stories tagged with ROI

Common intranet questions, unique solutions - Stephen Byrne

Intranet professionals often ask questions of their peers in the hope that the experience of others can provide a starting point for planning and inspiration.

Common questions

For those new to intranets there is certainly immediate value in exploring the most valuable core intranet tools such as great people directories, easy to find support services like HR, and a search function that returns useful results. However, answers to other common questions can be more challenging to implement.

Many of the common questions encountered include:

What is the best governance model?
Who should own the intranet?
How much will an intranet cost?
What is the best technology to use?
Which technology tools should we deploy?
Source: www.steptwo.com.au Posted by adminadmin 267 days, 4 hours, 38 minutes ago

Social Collaboration Can Drive Significant ROI for Business - Rich Blank

What's the ROI of social?

For almost 20 years, organizations and executives have asked that question, demanding a hard financial payback when considering an investment in social and community platforms. At a macro level, they want to know, how does a concept like “social collaboration” directly impact the status quo and improve:

  • Sales, product innovation and speed-to-market of new products?

  • Customer satisfaction and employee engagement?

  • Cost savings and operating efficiency

Source: www.cmswire.com Posted by adminadmin 341 days, 5 hours, 47 minutes ago

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Six Tips for a Productive Intranet | Intranet Connections Blog

Peter Barron is an Intranet Connections Fan; he provides significant feedback on our blog, Linkedin and Facebook pages and speaks candidly about our software as it applies to his organization.  Over the past ten years, Peter has managed the Rio Rancho Public Schools intranet, which is internally called “Rionet”. With over 20 school district departments that use the rionet, Peter targets applications and widgets that make the intranet process fast and easy for thousands of users.  We recently interviewed ...

Source: blogs.intranetconnections.com Posted by IntranetConnectionsIntranetConnections 384 days, 9 hours, 20 minutes ago

The Social Business Scorecard IV, or ROI made easy | The Parallax View: Social Business & Enterprise 2.0

Ok then, following on from previous posts on social media scorecard and E2.0 ROI, let’s tie them together, add some other factors and prepare the way to churn out some numbers. Here’s a progress towards a social business balanced scorecard:

Source: theparallaxview.com Posted by adminadmin 526 days, 5 hours, 28 minutes ago

Intranet ROI: It's in the Functionality, Not the Design

You need to identify the return on investment (ROI) for your Intranet project. What's going to give you the most bang for your buck — design or functionality?

Does it Come in Green?

Intranet projects are typically owned by one of two camps — IT or Marketing. Generally speaking IT projects tend to focus on the technology, be that large enterprise platforms like SharePoint or smaller open source CMS systems. Marketing projects tend to focus more on design.

Source: www.cmswire.com Posted by beebee 538 days, 6 hours, 1 minute ago

Apply Enterprise 2.0 to Business Processes to Reveal Its Value - Ethan Yarbrough

In June I attended the Enterprise 2.0 Conference in Boston. At the time, I reported on my company blog that, finally, the conversation among the E2.0 kool-aid drinkers at the conference was getting practical. They were actually talking about how to maximize ROI on social collaboration platforms.

My key take-away from that conference was that tying your Enterprise 2.0 efforts to real, measurable balance sheet issues is the best way to quickly yield a positive return on your investment. Six areas mentioned at that conference as areas ripe for Enterprise 2.0 improvement were:

  1. Sales acceleration
  2. Better inventory replenishment
  3. Time savings
  4. Faster ramp up of new employees, faster to productivity
  5. More diversity in collaboration groups that can lead to better innovation
  6. Reduced training costs
Source: aiimcommunities.org Posted by beebee 581 days, 7 hours, 16 minutes ago

The Enterprise Value of Social Software - John Hagel III and John Seely Brown - John Hagel III and John Seely Brown

Social software is a key enabler of the move from push to pull

If executives are wary of cloud computing, they are flat-out skeptical of social software. When most non-IT executives hear "social software," they stop listening at "social" and imagine internet-aided water cooler chatter.

They fear the loss of worker productivity — digital technology provides a seemingly endless array of distractions in the workplace. Executives cannot help but lose sleep over the potential loss of confidentiality and expanded opportunity for airing personal grievances.

These risks remain whether or not you employ social software within your enterprise. Ignoring social software can be a mistake. Applied against specific operating problems, social software can enable companies to respond efficiently to changing demands.

It can provide the platform for scaling and amplifying connections and tapping into the knowledge flows within a company.

The potential result: better meeting customer needs, increasing the knowledge of participants and sustained performance improvement. If extreme improvement is necessary to survive in the Big Shift, skeptics who ignore the potential of this tool will likely finish last.

Source: blogs.hbr.org Posted by beebee 599 days, 11 hours, 30 minutes ago

Social Software - What Is Your Intent? - Spigit Blog

Union Square Ventures' Fred Wilson wrote a post titled Social Layers and Social Intention. In it, he asked why the simple, 140-character maximum Twitter has succeeded, while the more ambitious FriendFeed ultimately failed to make it big. His answer?

Because FriendFeed was largely a social aggregator whereas Twitter is a service with specific social intent.

"Specific social intent". Yes, that's a great term. What focus does your site have? It's a powerful way to characterize the basis upon which software succeeds or fails. This comes from Fred Wilson, who has been right about things quite often with his firm's investments in Twitter, Zynga, Foursquare, Tumblr and others.

Source: blog.spigit.com Posted by supportsupport 607 days, 4 hours, 4 minutes ago

Enterprise 2.0 and ROI : forget the “whether” and focus on the “how”. | Bertrand Duperrin's Notepad

Even if the concep of ROI, in its traditional sense, hardly hardly works for enterprise 2.0, overlooking the question of tangible benefits tha should be expected is impossible.

But the reasonnings on this issue suffer from a noticeable bias : technology is assessed in the current context while it needs organizational and management changes to deliver its effects.

So there are few chances to have a solid demonstration if the focus is kept on the existence of ROI without a joint reflexion on how to make it happen.

Source: www.duperrin.com Posted by beebee 610 days, 18 hours, 23 minutes ago

Exception Handling – What is the ROI of an Employee Social Network? - Tim Young

There are two common questions that potential clients often ask us about Socialcast:

What are some practical applications to my business?” and, “what’s the ROI of an employee social network?

The best answer to these questions has come from doing a significant amount of research in exception handling and management in the enterprise. I’ve had the pleasure of participating in the Deloitte Center for the Edge workshops, lead by John Hagel (who writes a phenomenal blog for the Harvard Business Review alongside John Seeley Brown, whom I’ve taught with at UC Irvine’s MBA program).

These workshops have taken the idea of exceptions out of the realm of software programming and brought them into the daily workflow of everyday employees. Now, when clients ask about ROI and practical applications of social networks, we respond with our findings from our own clients as well as what we’ve discussed at the Center for the Edge.

Source: blog.socialcast.com Posted by adminadmin 614 days, 7 hours, 8 minutes ago

ROI Redux In A Knowledge-Based Economy - Kristina Mausser

It’s tough to quantify Return on Investment (ROI) online. It makes sense that organizations need to justify marketing expenditures on activities or investments that help to meet their business objectives. For many, business decisions come down to the basic Biz101 equation of:

ROI = (Gain from Investment – Cost of Investment) / Cost of Investment

Without it, budget allocation would simply be an irrationally emotive decision based on the whims of its spender.

Source: digitalword.com Posted by beebee 623 days, 15 hours, 47 minutes ago

ROI for E2.0 Money Talks - Bert Sandie

Recently there have been a number of blogs and articles written on the Return on Investment (ROI) for Enterprise 2.0 (E2.0) solutions as these systems have gained popularity and a foothold in companies.

In this day and age, executives and key stakeholders will care about three attributes which are cost, time and quality. However, with the ongoing financial uncertainties in the global economy many executive will narrow their focus to cost.

Source: aiimcommunities.org Posted by beebee 623 days, 18 hours, 12 minutes ago

Enterprise Collaboration: Get Your ROI Right - cmswire

If you’ve been following the evolution of the enterprise collaboration space over the last 12 — 18 months, you may have noticed two attitudes toward the ROI of collaboration technologies. The first views collaboration tools as an expense that needs to be justified in order for organizations to decide whether to adopt them or not. The second views collaboration tools as an expense that needs no justification, akin to email or shared drives — the question for organizations is not whether, but what, when and how.

The way I see it, however, the proper approach to the ROI of collaboration technologies depends on at least three factors: industry, organizational footprint, and organizational culture.

Source: www.cmswire.com Posted by beebee 638 days, 4 hours, 45 minutes ago

Lessons Learned from Real-Life Enterprise 2.0 Experiences - Jacob Morgan

We're starting to see more organizations get interested in Enterprise 2.0. I interviewed three organizations on their E2.0 efforts and highlighted some of the common elements and lessons learned.

I started putting together an in-depth Enterprise 2.0 case study series where I interview companies that are initiating some sort of Enterprise 2.0 effort.

Source: www.cmswire.com Posted by beebee 643 days, 13 hours, 35 minutes ago

Many ways of creating a compelling intranet business case - James Robertson

Business cases can be boring. Following a corporate template, the pre-defined gaps are filled in with standard text, and the document goes to whatever committee has to sign it off.

Before jumping straight into this, intranet teams can benefit from stepping back to look at the many ways a business case can be created and justified.

Source: www.steptwo.com.au Posted by supportsupport 693 days, 6 hours, 50 minutes ago

BT puts return on investment value on social media for employees

It is difficult to measure the return on investment from social media. But Mark Morrell, intranet manager of BT, is prepared to hazard a guess.

"We know anecdotally it has saved a lot of time, and where we have beat competitors to a particular bid because we have been able to get information together quickly," he says. "For every £1 we spend on the intranet we believe we get £20 back."

Source: www.computerweekly.com Posted by supportsupport 699 days, 11 hours, 55 minutes ago

The Real ROI of Social Media - Scott Allen

It's the question that businesses have been asking ever since the first person suggested that maybe we could actually do some business in all this new "social" media: "What's the ROI?"

It's not a bad question. Surely, if you're going to spend money on something in your business, it should generate some kind of return... or at least cut some visible and measurable loss.

Source: www.openforum.com Posted by supportsupport 737 days, 10 hours, 28 minutes ago

Metrics for measuring Enterprise 2.0 adoption and ROI

What do Enterprise 2.0 and weight loss fads have in common?

First off, I'll admit the concept might be a stretch, but work with me here. Two of the hottest topics currently in debate regarding E2.0 are ROI and adoption. We agree, we disagree, we agree to disagree, and round and round we go.

And that's fine. It's healthy actually. But I think we often talk in high-level terms when it comes to E2.0, and in order to make E2.0 a business success, we need to get down to the nitty-gritty.

For star...

Source: inmagicinc.blogspot.com Posted by beebee 754 days, 6 hours, 4 minutes ago

8 good business reasons for having an intranet (tips for writing an intranet business case)

It's a popular question from the Chief Financial Officer these days... if we are going to invest 'x' amount of dollars in your project, what will the company get in return?  This post identifies ways that intranets can add bottom line value to an organization. If you are putting together a business case to obtain funding for intranet improvement initiatives you will find this post very helpful.

What are the key business reasons for having an intranet?

Source: cibasolutions.typepad.com Posted by beebee 763 days, 10 hours, 41 minutes ago
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