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Altimeter's Six Stages of Social Business Maturity

Posted on by Brandon Klein

    Folly - managers not only believe social business offers few benefits, but indeed they believe it detracts from what the business wants to do.  It is literally a waste of time.
    Fearful - managers in this stage believe that social business is dangerous.  It allows customers to bad mouth them or employees to waste time.  Social exists in a highly risk averse environment here.
    Flippant - at this stage, managers can’t ignore social, but equally they don’t take it seriously either.  It’s something they have to do to ‘fit in’, but they’re not convinced of its benefits.
    Formulating - we now enter more promising territory, where managers appreciate the benefits of social and also appreciate that it takes a structured approach to achieve this.
    Forging - at this stage, social leaves the marketing or IT silo it has previously resided in and is more organisation wide
    Fusing - the final stage remains sadly very rare and is when social is a fundamental part of everything the organisation does.  They are truly social businesses.

VERSUS


    Planning – this stage typically sees organisations setting the foundations for what is to come.  It involves listening to stakeholders and formulating strategies based upon this.
    Presence – next organisations start to take action, creating their presence on social media.
    Engagement – now social is less of a novelty and more a way of doing business.  Organisations at this stage will have a number of people involved in community building and management.
    Formalized – three steps are key to this stage.  Firstly a C level sponsor is required.  Secondly a social business hub is developed, and lastly core governance policies are created.
    Strategic – this stage sees social becoming more and more on the radar of senior executives, and it begins to become an organisation wide thing rather than being stuck within silos.
    Converged – here is the holy grail, the point where organisations cease to have social policies, and instead social is just how things are.