Who the $%^&^% cares about the ROI of Enterprise 2.0?

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Who the $%^&^% cares about the ROI of Enterprise 2.0?
 
 
 
This chart -- showing the global minutes spent per month on social media vs. e-mail and showing the inflection point in November 2007 with an ever-widening gap since then -- tells me all I need to know about the importance of calculating the ROI of Enterprise 2.0 initiatives.
 
In a nutshell, don't bother.
 
I constantly read articles about the need to calculate an ROI of Enterprise 2.0 before proceeding. Why? 
 
Do you calculate the ROI of your e-mail system? Of course not. That's because an e-mail system is considered a core piece of infrastructure necessary to run a modern organization. (Of course, whether you want to actually own your email system ala Exchange or run it in the cloud is, as they say in the Wizard of Oz, a Horse of a Different Color.)
 
E-mail is dial tone. Companies couldn't exist without it. Nobody would think about calculating its "ROI."
 
The adoption of social technologies in the enterprise is headed there. By the time your organization conducts one of those long-winded ROI analyses by an expensive consultant about whether to deploy social technologies, your competitors will have already done so. By then your customers will have already shifted their communications focus from email to social. By then your employees -- especially the young ones, but not only them -- will wonder what the heck you are waiting for and will have figured some way to end run the formal communications infrastructure of the organization.
 
Forget the ROI analysis.  Before you complete the analysis, social technologies will be dial tone. Get on with it.
 
Some related posts...
 
The Facebook Dilemma
The Shutterfly Effect
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Comments

...not sure why "ROI" is such a scary and laborious thing to figure out EXCEPT for of course that so many organizations don't understand how to properly do it, getting lost in minutiae and expecting to find hard-quantifiables where they don't exist and then lacking the skills/knowledge to project return from softer factors (engagement, satisfaction, etc.). Whatever the case, when businesses first implemented e-mail and long before that telephones they in some fashion had to figure out "is this worth doing?" and therefore "what will I get," i.e. what is the return on this investment. It's only once a service becomes identified as essential that this discussion starts to go away, but even then we continue to validate the amount of investment versus a general worth at some level.

But even taking a "why bother" approach - and I do appreciate the message here - then I think it's important to answer just how one does justify the expenditure to those who need to authorize the expenditure. This article begs the point that it's become essential due to competition already engaging it, but even then I think when we talk about *specific* efforts we can't just say such as "our competitors microblog so we have to!" when many people can and will argue "our competitors are stupid, microblogging is a waste of their money, so we better not make the same mistake." it's not enough to say "we just have to."
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Bulat Ashimov

Most interesting article I've ever read on an aspect of Biz/IT alignment and ROI. Thank you, John
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Daniel O'Leary

Just spoke with a current customer that is about to undertake a 1 year study on whether they can use virtualization (I know) and E2.0 technologies in their organization. Some people will get dragged into this revolution kicking and screaming.
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