Sunday, October 07, 2007

ROI encore

Luis continues to write about social computing ROI here and here. I admire his tenacity. Remembering that ROI calculations are an attempt to render assumptions, beliefs & wishes into a quantitative language, then surely the ROI for social computing tools (& I agree with Luis that these are fundamentally social tools) will vary from depending on the assumptions, beliefs & wishes of the organisations concerned.

The point that they can improve social capital is valid one - but only if senior management in an organisation care about it. How robust are most attempts to quantify social capital?

Maybe you can quantify it into "improved customer satisfaction" or "decreased marketing costs" or "higher employee engagement".

I still believe (& I will repeat this until I am blue in the face) that showing the value of social software is problematic precisely because we have a poor collective understanding of what our employees do & how they do it. And provided they keep churning stuff out, we don't really care.

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