Tag Archives: ROI

The Value of Collaboration #5: Using purposeful communities to optimize spend

In some cases, collective efficiency is about specific kinds of cost reductions – printing, mobile bills, service costs. But sometimes it can be about a general technique you can apply to a wide array of costs. This post describes how … Continue reading

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The Value of Collaboration #4: Reducing the cost of internal communications

How much does your intranet cost? In addition to the core infrastructure, add all the different applications – content management systems, Sharepoint, blogs, wikis, etc. Then add the engineers that customize the tools to make them look like modern websites. … Continue reading

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Please steal this idea! (How a bill at work can save money & save lives)

What if you could do the right thing while also doing good? If you had a way for people at work to save money for their firm while contributing a portion of those savings to a good cause? We’re working … Continue reading

Posted in Management, ROI, Social Business | Tagged , , , , | 15 Comments

“Collective efficiency” – from possibilities to programs

Over the past few weeks, I’ve been writing about ways to use collaboration platforms to reduce costs at work. More self-service. Less printing. Lower mobile bills. They’re mundane topics but the value of just these 3 solutions is about $23 million to … Continue reading

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The Value of Collaboration #3: Reducing Blackberry costs & mobile phone bills

Remember about 10 years ago when your firm would reimburse you for your Internet connection? That’s over now. We reached a tipping point where so many of us wanted a connection anyway that firms didn’t need to pay for it … Continue reading

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The Value of Collaboration #2: Reducing how much your firm prints

Could you pick a more mundane use case than reducing how much people print at your firm? Yet a collaborative effort to do this can be worth a lot of money – more than the cost of your entire social … Continue reading

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The Value of Collaboration #1: Reducing internal service costs

When it comes to the commercial value of collaboration platforms, there’s still a gap. McKinsey thinks social technologies can unlock a trillion or so of value annually. For a single large firm, social tools and practices could easily be worth … Continue reading

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“It’s just the internet at work.”

After 5 months of using a social business platform, I’ve stopped talking about social business. Hundreds of elevator pitches, demos, and blog posts later, I’ve pared down my description of our social collaboration platform to 6 words: “It’s just the … Continue reading

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7 elements of an enterprise collaboration strategy

I used to talk more about strategy. I used to think of it as high-level, important work while I saw “tactical” work and “implementation details” as somehow beneath me. As Bugs Bunny used to say: “What a maroon.” After creating … Continue reading

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What’s it worth?

If social tools and practices can fundamentally change how we work, how much is that worth? As a starting point, I estimate the top 4 US banks alone can use social business efforts to realize an extra $5 billion of … Continue reading

Posted in Financial Services, ROI, Social Business | Tagged , , , , , , , | 18 Comments