Who has the power? In a consumer driven society, it would be nice to think that the people who control business decision making—the CEO, the CFO, the COO, or even the CSO—would be the power dealers in business. Ah . . . you would be wrong. In fact, you couldn’t be more wrong. Now, more than ever before, business must bow down to the power-brokers: the people. And social media is their weapon.
We’ve seen multiple examples of the social media impact on politics, especially lately, on this “eve” of one of the most important elections to date. We’ve seen the immediacy of social media impact on entire countries and their dictators (see the infographic below). An example of social media in the everyday workings of government was recently presented by Odysseus Bostick, educator, social media believer and speaker for TedX conference in Santa Monica on “Collaborative Governing Through Social Media” when he talked about Cory Booker, Mayor of New York/New Jersey.
“He’s like a dynamo. He just never stops. He has over a million people following him on Twitter; a lot of them living in the city. They use it because he responds. And they’ll ask him [something] . . . because they know Mayor Booker will answer it. He actually answers them which builds a relationship between him and his constituents. And it’s every day and it’s real and it’s in real time and it’s instantaneous. And so that’s kind of a mutually beneficial relationship because he always knows what’s wrong, when it goes down, and who’s complaining. With other social media tools, he can actually aggregate all the tweets that come to him geographically and pin point series of problems.”
And so it is in business. It’s the people the business serves that have the power. If the business owners, C-levels, management, or front liners don’t have people, they don’t have a business. If they don’t have a buyer, they don’t have an income. If they don’t have anyone listening, they don’t have an audience. It’s really pretty simple, isn’t it? Yet, do we really get it? Those in business may keep taking the baton back, as if they had in the first place, because, frankly, BUSINESSES WANT THE POWER! Right?
Consider this . . . If the people have the power, what do businesses do differently that hasn’t been working for them up until this moment? That is the million dollar question, isn’t it? Because, if a business can answer that, they might just do business right.
What do you think needs to be done differently in “business” (yes, I’ll let you act like it’s hypothetical)? We would love to hear from you! www.kromamarketing.com