Jive Software's Senior Social Media Marketing Manager, Deirdre Walsh, presented The New Way to IPO at SxSW Interactive 2013.
Jive is the world's #1 social business platform. We help employees, customers and partners connect, collaborate and communicate to achieve breakthrough results in sales, marketing, customer service and workforce productivity.
6. 4 Social Phases of an IPO
Different Social Rules in Each
Phase 1: Quiet Period 1
Phase 2: Listing Day
Phase 3: Quiet Period 2
Phase 4: Public Company
7. This is a made-to-order case for Social Business
1. Sync up internally
2. Manage external communications
3. Celebrate customers
8. 1. Sync Up Internally
• IPO requires tight teamwork among executives in multiple departments,
from finance and legal to marketing and PR, as well as outside partners and
contractors.
• Our internal employee community served as a hub
• collaboration on documents and plans
• critical decisions in online discussions
• real-time status updates in activity stream
• quickly locate experts to answer pressing questions via
search
• Community allowed for strict privacy controls and permissions, ensuring that
sensitive information was shared only with authorized individuals.
10. Executive blogs kept all worldwide employees simultaneously updated and
allowed for a quick Q&A that would be hard via non-social channels
11. 2. Manage External Communications
• Subject to a variety of SEC rules on internal policies and
external communications
• Essential that employees “get the memo.”
• Our social intranet made it easy to
• disseminate policies
• hold company-wide conversations
• collectively train our workforce on messaging and practices
• Internal alignment enabled us to communicate consistently with
external audiences, including press, financial analysts, and
potential investors.
13. 3. Celebrate Customers
Invested effort in acknowledging customers since they
helped build the company to this point and were interested in
progress.
• Corporate blog with updates
• Online Q&A about the IPO
• Streamed the opening ceremony
• Invited key advocates to NASDAQ for toast and video testimonials
14. Celebrating, socially
An IPO is incredibly hard work, and when a
company makes it to the finish line,
celebrations are in order.
Since not everybody could be present in
New York on listing day, I decided to bring
the event to them in a novel way.
I created a unique Twitter hashtag –
#jiveipo – and invited folks to join the
online conversation. Then we gathered and
displayed the tweets on the 7-story
NASDAQ building in Times Square as the
exchange opened with the new JIVE
symbol on the ticker. We also streamed a
video feed so people could watch
themselves appear in Times Square.
It was a NASDAQ first, and a fun finale to a
process that was social from beginning to
end.
15. Here were some of the tweets from customers, employees, partners and influencers
16. Have questions? Want to connect?
I’m always available!
Find me at:
about.me/deirdrewalsh
Editor's Notes
Proactive and ReactiveIDkey influencers and PR opportunitiesBrand conversationsChannel differentiation Twitter – real time news sharingFacebook – engaging our loyal customer base Instagram – putting some personality behind the brandYouTube – explain our product to the market as well as capture key moments from the “big day”