Auditing Social Media Jennifer Terry, Market Development Consultant - - PowerPoint PPT Presentation

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Auditing Social Media Jennifer Terry, Market Development Consultant - - PowerPoint PPT Presentation

Auditing Social Media Jennifer Terry, Market Development Consultant Objectives Gain a better understanding of the social media and the business risks associated with it Understand the impact of social media and the associated risks to your


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Auditing Social Media

Jennifer Terry, Market Development Consultant

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Objectives

Gain a better understanding of the social media and the business risks associated with it Understand the impact of social media and the associated risks to your organization Discover and discuss options for addressing and minimizing social media risk within your organization

Auditing Social Media

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Agenda

Social Media Defined Benefits of Social Media Risks of Social Media Strategies for Risk Management Final Thoughts

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Definition of Social Media

The forms of electronic communication through which users create online communities to share information, ideas, personal messages, and other content such as videos.

Auditing Social Media

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Social Media Networks

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Auditing Social Media

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How many times have you accessed a social media site today?

A) 0 B) 1-3 C) 4-5 D) 6+

Auditing Social Media

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Social Media Demographic Statistics

§ 22% of the world’s total population uses Facebook and 62.1%

  • f North America

§ LinkedIn has more than 450 million user profiles § YouTube reaches more 18-45 year-olds than any cable network in the U.S. § Over 2.5 billion people have social media accounts § Nearly 1.8 billion people have active social media accounts

Auditing Social Media https://www.tracx.com/resources/blog/social-media-demographics-2017-marketers/

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How can your company benefit?

Brand Recognition Customer Insights Product and Customer Feedback Social Responsibility Efforts Content Positioning Talent Search Online Training

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Brand Recognition

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Customer Insights

Auditing Social Media

500 million 4.5 billion on Facebook 95 million uploaded to

https://blog.hootsuite.com/social-media-for-business/

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Product and Customer Feedback

Auditing Social Media

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Social Responsibility Efforts

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Content Positioning

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Talent Search

92%

  • f recruiters use social media as part of their process.

79%

  • f job seekers use social media in their search.

1 in 5

have applied for a job they learned about on social media.

Adweek.com, careerarc.com

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Online Training

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The Downside…

IT Security Reputation Productivity Regulatory Compliance

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Viruses and Malware

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Burger King Twitter gets McHacked

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Regulatory & Compliance Risks

§ Data Protection and Privacy § Employee Rights § Disclosure and Third-party Endorsement § Governance and Oversight

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Privacy Concerns

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Employee Rights

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Disclosure and Third-party Endorsement

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Governance and Oversight

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Productivity

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Reputational Risk

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Social Media Gone Wrong

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Product / Customer Issues

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Public Relations Nightmares

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Great Crisis Management on Social Media

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Is your company planning a social media audit this year?

  • A. Yes
  • B. No
  • C. I’m not sure.
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Social Media Readiness Program

§ Assess Social Media Risk § Establish and distribute a social media policy § Incorporate social media expected behaviors and repercussions in employee handbook § Train all employees at all levels of the organization on the impact of social media § Monitor and audit your social media footprint § Audit compliance with policy and weight findings

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Social Media Policy

§ The organization may not have a clear social media strategy § Establish and distribute a social media policy § Has social media been aligned to support the organization's

  • verall strategy?

§ Does the policy cover official and unofficial use of social media, repercussions for damaging internal postings, and procedures for responding to negative postings?

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Does your company have a social media policy

  • A. Yes
  • B. No
  • C. I’m not sure.
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Set Expectations for Employees

§ Employees may not be aware of social media expectations § Incorporate social media expected behaviors and repercussions in employee handbook § Does the organizational culture support the proper use of social media? § Are managers taking appropriate action when employees engage in unsanctioned posting that can damage the brand?

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Train Employees

§ Employees may not be aware of the impact of posting to social media § Train all employees at all levels of the organization on the impact of social media § Has the organization provided clear, ongoing education on the social media strategy, the impact of damaging posts, and the potential repercussions?

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Monitor Social Media

§ Damaging posts can be initiated by anyone on any social media outlet § Monitor and audit your social media footprint § Are all feasible actions taken to monitor social media outlets and to respond to potentially damaging posts?

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What Does This Look Like?

Risks Controls Tests The organization may not have a clear social media strategy Establish and distribute a social media policy Has the social media been aligned to support the

  • rganization's overall strategy?

Does the policy cover official and unofficial use of social media, repercussions for damaging internal postings, and procedures for responding to negative postings? Employees may not be aware of social media expectations Incorporate social media expected behaviors and repercussions in employee handbook Does the organizational culture support the proper use of social media? Are managers taking appropriate action when employees engage in unsanctioned posting that can damage the brand? Employees may not be aware of the impact of posting to social media Train all employees at all levels of the organization on the impact of social media Has the organization provided clear, ongoing education on the social media strategy, the impact

  • f damaging posts, and the potential

repercussions? Damaging posts can be initiated by anyone on any social media outlet Monitor and audit your social media footprint Are all feasible actions taken to monitor social media outlets and to respond to potentially damaging posts?

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Final Thoughts?

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For more information:

www.teammatesolutions.com