Earlier this month, The Dachis Group launched the Social Business Index, a compilation of data that illustrates how social or influential brands are online. By assessing different indicators on a real-time schedule, businesses are ranked by their level of social influence, much like Klout does currently for individuals. Some of the businesses included in the service’s beta launch are Coca-Cola, Google, Time Warner, and Nike.
Since the service is still in beta testing, I was only able to look around the website and test a limited number of features. Even though my exploration of the service was restricted, I think The Dachis Group does an excellent job of describing Social Business Index to those whose companies are not yet members. Each company is displayed through a snapshot, which provides its current ranking, change over the previous week’s ranking and its raw score. Company employees, when logged in, have access to a more detailed list of actions and statistics. Companies can also earn accolades like “Top Performer” in their respective categories depending on the industry’s ecosystem and the company’s dynamic signals. Continue Reading…