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	<title>Wadds&#039; PR Blog &#187; social business</title>
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		<title>The week in which digital grew-up</title>
		<link>http://www.speedcommunications.com/blogs/wadds/2009/09/02/the-week-in-which-digital-grew-up/</link>
		<comments>http://www.speedcommunications.com/blogs/wadds/2009/09/02/the-week-in-which-digital-grew-up/#comments</comments>
		<pubDate>Wed, 02 Sep 2009 20:51:19 +0000</pubDate>
		<dc:creator>Wadds</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Austin Ventures]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[dachis]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[headshift]]></category>
		<category><![CDATA[social business]]></category>

		<guid isPermaLink="false">http://www.speedcommunications.com/blogs/wadds/?p=1251</guid>
		<description><![CDATA[Last week the FT  reported on the challenge that ad agencies and PR firms face in recalibrating their businesses around digital. Mark Hanson spotlights the issue on his Livejournal: [Clients] are buying outcomes. Outcomes that need to embrace a selection of skills but agencies are still trying to grab budget within the confines of their [...]]]></description>
			<content:encoded><![CDATA[<p>Last week <a href="http://www.ft.com/cms/s/0/92d4daf4-933c-11de-b146-00144feabdc0.html?nclick_check=1">the FT  reported on the challenge that ad agencies and PR firms</a> face in recalibrating their businesses around digital. Mark Hanson spotlights the issue on his <a href="http://m-hanson.livejournal.com/5159.html">Livejournal</a>:</p>
<blockquote><p>[Clients] are buying outcomes. Outcomes that need to embrace a selection of skills but agencies are still trying to grab budget within the confines of their existing structures.</p></blockquote>
<p>Brian Sollis covered similar ground when he posed a similar question to readers of his blog last week asking <a href="http://www.briansolis.com/2009/08/who-owns-social-media/">who owns social media?</a></p>
<blockquote><p>The answer is clear, your customers and influencers own [and] define it. And, without guidance or participation, they steer the impression and perception of your brand. Social CRM is much more than engagement strategies and tactics however, it requires a completely revamped infrastructure to support effective socialized relationships management through technology and resources.</p></blockquote>
<p>Last night I spent the evening in the company of a CEO of a management consultancy. He was excited about the prospect of using social strategies in business planning and the development of strategy.</p>
<p>Today <a href="http://www.dachisgroup.com/headshift-acquisition.html">Dachis acquired Headshift</a>. <a class="zem_slink" title="Drew Benvie" rel="homepage" href="http://www.theblogconsultancy.typepad.com/">Drew Benvie</a> explained the importance of the deal in a blog post this morning:</p>
<blockquote><p>Dachis is headed by former CEO and founder of <a class="zem_slink" title="Razorfish" rel="homepage" href="http://www.razorfish.com">Razorfish</a>. It is […] using a $50m pot of money from <a class="zem_slink" title="Austin Ventures" rel="homepage" href="http://www.austinventures.com">Austin Ventures</a> to acquire <a class="zem_slink" title="Company" rel="wikipedia" href="http://en.wikipedia.org/wiki/Company">companies</a> that fulfill on its promise &#8220;to unlock the value of social technologies for large corporate enterprises.&#8221; […]</p></blockquote>
<blockquote><p>Business consulting with a deep knowledge of social media […] is in high demand and I hope the new Dachis Headshift partnership will continue to prosper in this sector.</p></blockquote>
<p>A new business category has evolved.</p>
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