Thursday, May 26, 2011

Business Model Innovation at the Abbey - Monks Embrace Social Media

Social media both demands and creates the opportunity for Business Model Innovation.  The Monks at Portsmouth Abbey understand this. 

The monks are not known for seeking outside attention, nor has their fundamental purpose changed over the years.  But the world around them has changed, as has their ability to recruit and influence.  Like many socially conscious non-profits, Portsmouth Abbey has a higher calling, but they still need to “hire,” reach “customers,” and drive revenue to achieve their objectives. 

With the number of monks dwindling from a high of 24 to 12 today, one objective of Portsmouth Abbey is to “promote vocations to this monastery.”  Word of mouth and the simple physical presence of the monastery generated interest and “recruits” for the first 50 years or so.  Established in 1919, the monastic business model relied on being an integral part of the community.

Today, the abbey is simply making itself part of the modern community through social media.   

The underlying business and mission of the monastery hasn’t changed, but the business model is changing.  By adapting how the monastery interacts with its stakeholders, the monastery is creating a new infrastructure to support well defined objectives and a constant mission.   

  • They are making themselves more accessible 
  • They are engaging and listening   
  • They are humanizing the abbey.

Portsmouth Abbey set up a website and began blogging in March, 2011.  They also established a YouTube channel and a Facebook page.  With some publicity from the mainstream media (CBS News, New York Times…), the impact of the social media effort was evident early on.  On the Portsmouth Abbey blog, David Moran commented:

“We have heard from 25,000 persons around the world; have nearly 100 sign-ups for our newsletter; our facebook visits are up 2000%;” and, perhaps most importantly, “we have a score of visit requests needing to be qualified.” 

The new business model seems to be having a positive impact on the business – more visits to the monastery.

Social media enables old-fashioned relationships.  It creates a way for organizations to become a community participant again, to become a collection of people rather than an impenetrable four 4 walls.  As we hear in one of the Portsmouth Abbey YouTube videos, “monks are human.”

So the old is new again...

And if you like Gregorian chants, you might want to download the ring tone from Portsmouth Abbey.

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