Love It or Hate It: Around the World with Web 2.0

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McKinsey & Co. has just released its second annual survey on Web 2.0 usage and satisfaction, "Building the Web 2.0 Enterprise: McKinsey Global Survey Results." The two big stories from this global survey of almost 2000 executives are the expanded use of Web 2.0 tools (wikis, blogs, social networking) for knowledge sharing and collaboration, and the bipolar acceptance and satisfaction with these tools.

Organizations report using these tools to manage knowledge (83 percent), foster collaboration across the company (78 percent), enhance company culture (74 percent), train (71 percent), and develop products and services (67 percent). No surprises there. But I am pleasantly surprised--and maybe a little skeptical--about the reported internal penetration. According to the survey, about one in four employees in these companies now use Web 2.0 tools, with a higher level of usage in companies that integrate the tools into workflows, launch Web 2.0 along with other initiatives, and get senior managers to act as role models. 

APQC's own research supports at least one of these ideas about what drives enterprise Web 2.0 usage. Sun Microsystems, one of the five best-practice organizations that will host site visits in October as part of APQC's consortium benchmarking study Using Knowledge: Advances in Expertise Location and Social Networking, reports that 4,000 people across the organization maintain internal blogs. According to Sun, the most significant factor behind this widespread adoption was the fact that Jonathan Schwartz, then CEO, started blogging, becoming the first Fortune 500 CEO to blog on a very regular basis (you can access his blog here).

Regionally, the most enthusiastic bloggers are in the developed countries of the Asia-Pacific region: 48 percent of Asia-Pac respondents thought blogs were the most important tool. (Who knew?) A year ago, I thought wikis would be workhorses of Web 2.0, but it seems that the allure of social networking and blogging is winning out.

Satisfaction is clearly a bipolar syndrome, manifested in two ways. First, the satisfaction rates are very split--21 percent of respondents are highly satisfied with Web 2.0 tools, whereas 22 percent are clearly dissatisfied.  Satisfaction is also bipolar from a regional perspective. In the developed countries of the Asia-Pacific region, 40 percent expressed high satisfaction. However, many fewer respondents reported high satisfaction in other areas, such as Europe (20 percent), North America (20 percent), India (18 percent), China (17 percent), and Latin America (13 percent).

Satisfied companies see no barriers to ever-expanding use.  Satisfied respondents also say that business units, not IT, are driving the selection of Web 2.0 tools. Dissatisfied respondents report the reverse--IT takes the lead, choosing the tools and then delivering them to business units.

Satisfied or not, all plan to spend more on Web 2.0. So much for having to prove a return on investment(!)

The full survey results can be accessed here.  You'll have to complete the McKinsey free registration to access the article, but it is a good opportunity to sign up for the McKinsey Quarterly Newsletter.  No, they didn't pay me to say this, but I glean a few nuggets from most issues.

1 Comments

Lauren Trees on August 22, 2008 5:37 PM

It seems like everybody is studying—and talking about—social media these days.

The University of Massachusetts Center for Marketing Research has also published a study on Web 2.0. The study focuses on the Inc. 500 (a list of the fastest-growing private companies in the U.S. compiled by Inc. magazine) and compares the companies’ familiarity with and adoption of various social media tools between 2007 and 2008. You can download an executive summary at http://www.umassd.edu/cmr/studiesresearch/blogstudy5.cfm

While I’m at it, I figured I would provide two other links to interesting Web 2.0-related content. The first is “Social Networking at Ford: Community Is Job One” by Rob Salkowitz at http://www.internetevolution.com/author.asp?section_id=697&doc_id=161514
It’s a good quick-and-dirty case study of what the company is doing in the social networking arena and the value they see in these tools.

The second is “Enterprise 2.0 finds its place in big business” by Linda Tucci at http://searchcio.techtarget.com/news/article/0,289142,sid182_gci1317357,00.html
In this article, a senior VP at Wachovia relates how he presented the business case for Web 2.0 at the bank, listing the four main business rationales that drove Wachovia to invest in social media.

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