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

Saturday, 29 October 2011

Social ERP - a new Gen ERP system

In this short article I would like to give an idea about what is a Social ERP, what is the behind to have a social ERP system, what are its advantages and what are the bottlenecks to it.

What is a Social ERP?
Social ERP is a pretty new word in the computing arena which is actually the integration of Social Media and ERP(Enterprise Resource Planning) systems. It is still a newbie where we can expect lot of news in the coming months. Now if you search in Google for “Social ERP”, you can hardly find good materials on this topic.


We can abbreviate Social ERP systems as sERPs, where‘s’ stands for Social. Some optimistic techies even call sERP as the mother of all the social applications. We can even hear some people start speaking about new ERP family software as Social Accounting, Social supply Chain, Social Manufacturing applications and so on.

What actually Social ERP means?
In simple terms, Social ERP means an integrated software system which organizes the customers, employees and partners of an organization under the same umbrella. It will have all the features of a traditional ERP system but with an additional layer of social interaction at the top of the basic functionality. This layer will bring more flexibility, user friendliness, transparency to the users of the system.

We can call this additional layer as ‘Social layer’ – a layer which will provide a social touch to the ERP system, where users will have more space to interact and collaborate each other to get the work done. Moreover, users will have easy access to more data – Social Data, the data being shared in the social media system, which is accessible to all to whom the data is being shared.

Motivation behind Social ERP:

The latest statistics shows that, internet users are spending a good number of hours in social networking sites and mainly for creating connections and sharing information. The reason is social media provides a virtual social system, where they interact, communicate, share with others privately as well as publicly. This makes the users stick these system now a days of their personal and to professional work to an extent.

On the other hand, Business applications are the backbone of the organizations without which they cannot function. Many of such systems lack transparency, simplicity and flexibility in communication. So the questions is why don’t we incorporate the features of social media into the existing business applications.

Before going further, let have a look at what Social Media and Enterprise Resource Planning Systems are.

Social Media
The term social media refers to the use of online and mobile technologies to turn social communication into more interactive dialogue. According to Andreas Kaplan and Michael Haenlein social media is “a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0, and that allow the creation and exchange of user-generated content.

In simple terms, I would say social media is a collection of ubiquitous online tools that allow users to extend social interaction at online, and can do at anytime from anywhere.
Example:
Facebook ( Friendship based), LinkedIn (Professional based), Flickr( Image and Photo Sharing based),
Twitter ( Micro-blogging site). Yummer - Enterprise Social Networking
Delicious - Social Bookmarking.

For more details about Social media, you can refer What is social media?

Enterprise Resource Planning (ERP)
Enterprise Resource Planning (ERP) implies an integrated business management software that allows an organization to manage its business processes and data. An ERP system integrates all facets of an organization, including development, manufacturing, sales and marketing, financial and accounting and so on.

Its purpose is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders.
Example: Major ERP systems in the market are Oracle, SAP, Microsoft, PeopleSoft etc.
For more details about ERP, you can refer Definition of ERP

Social ERP System – in detail
So a Social ERP is the futuristic version of ERP systems, which will have all the basic functionaly such as manufacturing, supply chain management, financials, project management, HR and data services etc plus the Social Layer which will add up the social behaviors to the system.

These social behavior include:
. Individual profile pages with personal as well professional details.
. Connect with other people and keep contacts.
. Share ideas, activities, events and interests with contacts.
. Create networks of like minded people.
. Recommend ideas, pages, and interests to others.

We can have ideal Social ERP systems in corporate environments by taking features of social networking sites to the ERP systems and at the same time removing the disadvantages of friendship based social media. As a result, employees (users of sERP) of an organization will have a clear view of what is happening in the organization and it’s procedures and at the same will get a flexible tool set for collaboration and communication.

sERP can do a lot more in corporate collaboration and communication such a way that it provides the organizations and it’s workforce a new way of interaction which reduces the time and cost included in peer-to-per communication. In fact, corporates are already started using Enterprise Social Networking sites


Advantages of a Social ERP systems.
1.It will provide the organization a new and cost effective way for inernal communication and collaboration.
2.It provides the workforce a big picture of what is happening in different processes.
3.It will make the workplace more sociable and friendship based, will encourage to setup healthy relationships.
4.Real Time access to data: Social Data would be accessible round the clock, to its users from all part of the world at any time.
5.Trust/believability: As we can make personal relationship in the system, users can rely on the data depends on your relationship with person who generates the data.
6.A social alert functionality: which will alert the users about a critical activity who are subscribed to that.

Bottle-necks
1.Migration of the existing systems: Most of the existing ERP systems are client-server based and without social media features.
2.Cost of Migration: Changing the existing systems would be a costly process and take long time.
3.Lack of maturity: social ERP systems are still in the initial stage and need to achieve maturity.
4.Data Security: if not managed properly, security of data that is being shared on a social ERP system would be a great risk.

About the Author

Firoz Muhammed is the author of this comprehensive article. He is a Social Media Enthusiast and blogger in social and digital media topics. You can reach him on his mail id: firozct@gmail.com.
http://ascentranks.com
Blog:blog.Ascentranks.com

Saturday, 23 July 2011

An introduction to Social media



An introduction to Social media

Today we hear the crowd around us talking more about the buzz words like social media, social networking sites, facebook marketing etc. and so many raise basic questions such as
What is social networking?
What is social media marketing?
How can we use social media in business? etc
In this article, I would try to answer these questions in a very simple and comprehensive way, hoping this would help you to get a hang on social media and its relevance in business and marketing.


What is social Media?

The term social media refers to the use of online and mobile technologies to turn social communication into more interactive dialogue. According to Andreas Kaplan and Michael Haenlein social media is  "a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0, and that allow the creation and exchange of user-generated content."
In simple terms, I would say social media is a collection of ubiquitous online tools that allow users to extend social interaction at online, and can do at anytime from anywhere.

Social media can take on many different forms, including Internet forums, weblogs, social blogs, micro-blogging, wikis, podcasts, rating, pictures or video sharing and social bookmarking etc. The websites that enable this kind of social interactions online are collectively known as Social networking sites, the most popular them are Facebook, twitter, LinkedIn etc. social networking sites provide the facilities to share their profile, files, applications with their friends or contact and do interactions.       

What is social media marketing?

Social Media Marketing (SMM) refers to the use of social media sites or tools to market products and  services to the targeted customers in a much interactive and cost effective way. In other words, SMM is a means of attracting more traffic to the websites, and more business.
 Social Media Marketing (SMM) is a form of internet marketing which seeks to achieve branding and marketing communication goals through the participation in various social media networks such as MySpace, Facebook, YouTube,  Digg,  Flickr, Twitter etc.
On the other side, marketers need to spread their messages where their customers are to sell their products. That’s way social networking sites are emerging as a powerful new kind of marketing tool. In fact three social networking sites – Facebook, Twitter, and MySpace – are among the top trafficked web sites in the world.

Social media in business
Social networking sites are a good platform to market your products online. Today’s consumers spend a good amount of their time at Internet browsing for new products, their favorite brands and merchandise. In fact, we can social media sites for sell our products and services, to update customers about new product launch and run a online customer service at a low cost.
Social media sites allow business owners  to seek out new customers through referrals from other customers, and to create positive and rapid word-of-mouth for new products and services.
To make your business social media friendly, you have to have presence in these social media sites. We can start our presence by creating business profiles in Facebook, twitter etc. Facebook allows you business or brand have a webpage to tell the world who you are and what you do, at free of cost. You can have an account in twitter, where you can add your customers as followers, and let them know about your offers, new product launches etc through micro-blogging.
Social Media Marketing related to Search Engine Optimization (SEO) and Social Media Optimization (SMO). Benefits of using SMO and SEO along with SMM are many as these techniques would hep the social media sites to attract more customers towards your website.



About the Author
Firoz Muhammed is the author of this comprehensive article on Social Media and social networking, he is Social Media Enthusiast and writer on digital media topics. He is a blogger and expert in SEO, SMO and SEM techniques.  You can reach him on his mail id: firozct@gmail.com @ SEO Company

References
2. Wikipedia.org - Social Media Marketing –

AscentRanks.com
AscentRanks is an Internet Marketing agency based in Bangalore, India, provides Search Engine Optimization(SEO), Search Engine Optimization (SMO) and Social Media Marketing (SMM) services. We do help our customers to attract more traffic their website and find more business and revenue.

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