Social media: Share smartly

How does social media impact business strategy
53%
of US CEOs say social media users influence their business strategy

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US CEO Insights

Steve Smith
CEO and President, Equinix, Inc.
“People are communicating differently today, and I think it's important to stay in touch with the frontlines.”
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Do we really *like* social media?

Increasingly sophisticated investors, regulators and customers reward greater transparency. On the other hand, new disclosure rules and viral reaction cycles punish frank talk. What's a CEO to do?

Opting out of social media is no longer a viable option. Thus many businesses today are experimenting with social media, taking steps like embedding digital tools and methods into workflow.

The more advanced are social by design, not by reflex. They are converging customer, sales and social data to empower the sales process, using measurement and analytics to improve predictability. The fully-engaged are seeing results in increased revenue and loyalty.

CEOs recognize the power of their online dialogues; 53% of US CEOs say social media users influence their business strategy. (Explore the data) And 50% of US CEOs say they're increasing their focus on supporting a culture of ethical behavior. (Watch the CEO insights videos)

 

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How does social media impact business strategy
 
Videos: CEO insights

Anthony Alexander, President & CEO, FirstEnergy Corporation: Growth opportunities and risks (October 5, 2012)

Douglas Tough, Chairman and CEO, International Flavors & Fragrances, Inc., Natural product trends and opportunities

Joel Allison, President & CEO, Baylor Health Care System: Dealing with healthcare risks

L. Kevin Kelly, CEO, Heidrick & Struggles, Investment and talent strategies in today's world

Larry Fink, Chairman & CEO, BlackRock, Inc., Dealing with today's variables

Dr. Larry Kaiser, President and CEO, Temple University Health System: The future of healthcare

Peter Tortorici, CEO, GroupM Entertainment Global, Innovative solutions to business challenges

Steven Lesnik, Chairman, President and CEO, Career Education Corporation, Strategies for professional education companies

Steve Smith, CEO and President, Equinix, Inc., Adapting your business to today's world