Accenture research, "when people feel connected to each other, their leaders and their work, their companies gain a 7.4% revenue boost per year”

Accenture research, "when people feel connected to each other, their leaders and their work, their companies gain a 7.4% revenue boost per year”

When Adam Gray and I started DLA Ignite back in 2016, we had a vision that this social media thing was going to change the world. But we had no data to back this up, until now.

Like any start-up we worked to the principles in Geoffrey Moore's book, "Crossing the chasm" and we took our social selling methodology and crossed that chasm. 

Let's cut the opinion and look at the data

All of the data from McKinseyHubspotSalesforceGartner, etc all pointed to the fact that the world had changed with social media. It's changed society and the world of business. 

We then had a perfect storm of mobileinternetsocial media and Covid 19.

More interesting is that this research from Accenturehere. The research is about how people, employees and business need to be connected to function in this digital world. 

So why should your business embrace digital and be highly connected?

Accenture state ...

"Financial: In fact, organizations in which people feel highly connected to each other, their leaders and their work, stand to gain a 7.4% revenue growth boost per year.

Trust: People benefiting from omni-connected experiences are 29% more likely to experience a deeper level of trust toward their organization and team. Where there’s greater trust, people are 35% more likely to deliver high-quality work

Retention: Being omni-connected accounts for 59% of an employee’s intention to stay.

Productivity: Of employees who benefit from omni-connected experiences, over 90% say they can be productive anywhere

Yet only 17% of the people we surveyed felt they were benefiting from omni-connected experiences at work. The opportunity is there to seize."

So what are Accenture's recommendations?

  1. install modern and digital leadership
  2. Grow a thriving culture
  3. Enable an agile organization 
  4. Empower people to be digital

Now what was a hunch back in 2016, is now backed by Accenture, not bad for a startup. 

Want to know more about social selling, check out my new book

"social selling techniques to influence buyers and changemakers - 2nd edition".

In this brand new edition, I have updated all the text, I have also got 15 practitioners, so people who are doing this already to explain how they are get (practical) business benefit. From the CEO that has been running a digital business for over 18 months to sales leaders who use social selling every day. 

Articles on how these business have and are implementing digital, from MercerTelstra PurpleRing CentralCyberhawkNamosEricssonCrux ConsultingDLA Ignite and more.

It's available on Amazon worldwide. Link to Amazon.com here and Amazon.co.uk here.

Moriah Cuison

DevOps Enthusiast | Driving exponential growth thru ♾️DevOps & FinOps 🚀 Host at IAM Podcast for Startups

2y

I love how showing up and being authentic on social media gets us more connected and impact the bottomline! Thank you for sharing, Timothy (Tim) Hughes 提姆·休斯!

Tracy Borreson

History tells us we can't "belong" unless we're the SAME. But what if we could create Togetherness based on our uniqueness instead?

2y

Love this Timothy (Tim) Hughes 提姆·休斯 ! People forget that social media, sales, marketing all have the opportunity to be connection activities! If we treat them that way 💡

If we take human connections seriously to achieve team success, in sport, business, etc, why not recognise that human connections are just as important in the digitally powered world. My own experience is that sitting behind a screen, whether through social media, messaging, chat, and on video conference calls makes it harder and even more important to build real understanding, empathy and trust. Why invest in high failure rates when you can invest in building better success rates through genuine relationships?

Jim Woolfe

I make strange electronic music that scares cats 🐱

2y

This is the company that I was telling you about yesterday Hayley. I highly recommend subscribing to this newsletter. Timothy and Adam know their stuff. They are the real deal on a platform where many talk the talk but cannot walk the walk. Great insights here Tim 👍

That's it isn't it...people need to stop playing at this and actually take it seriously. Organisations spend millions on cold calling and email marketing software yet, and let's be honest, everyone knows that nobody likes a cold call or a cold email (no matter how well researched it is)... Until businesses wake up and smell the coffee they will continue to suffer from empty pipeline and pressure on their pricing. There is, as we know, a batter way...

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