Companies Must Ascend the Social Business Hierarchy of Needs

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    Be Prepared: Companies Must Ascend the Social Business Hierarchy of Needs
    In a tribute to Maslow’s work on our individual hierarchy of needs, we noticed a pattern than companies undergo a similar growth. Companies must fulfill the requirements at the bottom of the pyramid and then layer on top of success, building each layer. To date, we found only a few companies that are getting near enlightenment, which we will feature in our upcoming work. Here’s a pattern we found from the advanced companies:

    1) Foundation: First, develop a business plan and put governance in place.

    2) Safety: Then, get organized by anointing a team and process to deal with crisis.

    3) Formation: Next, connect business units to increase coordination and reduce duplication.

    4) Enablement: Grow by letting them prosper – give business units the support and flexibility to reach goals

    5) Enlightenment: Finally, weave real-time market response into business processes and planning.

    Read the full report here:
    www.web-strategist.com/blog/2011/08/31/report-social-medi...

    socialnerdia, sahana2802, Natalie C. Rodic, midmarketplace, and 7 other people added this photo to their favorites.

    1. patrick.dh 21 months ago | reply

      could be translated into the hierarchy of wants

    2. jeremiah_owyang 21 months ago | reply

      Do you mean because many will never achieve this? It's many years till many achieve Enlightenment

    3. patrick.dh 21 months ago | reply

      Indeed - the pyramid brings that message across very well and sure will help speed up the process. I still rather see it as a 'want', because its something worth aspiring for.

    4. kymberlaine 20 months ago | reply

      do you believe there are companies that have achieved enlightenment or is this more a dream?

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