This document discusses how relationships and data are essential for business growth. It argues that relationships have always been important for business success, but are now more global and digitally enabled. Data and analytics can help companies strengthen relationships and gain insights into customers. The document advocates for creating a "relationship platform" using integrated data and insights to manage relationships. It also stresses the need for a culture focused on being "data-inspired" and using curiosity and generosity to embrace new opportunities from data and relationships.
The new Global Communications Report, produced by the Holmes Report in conjunction with University of Southern California’s Center for Public Relations, is the definitive study of the global public relations industry, featuring research, agency rankings and industry analysis.
What does a data scientist actually do? Here at Good Rebels we wanted to outline a profile of this new profession, with the help of various industry leaders from academia, business and institutions. In short, we concluded that the main tasks of a data scientist are to identify data, transform it when incomplete, categorize it, prepare it for analysis, perform the analysis, visualize the results and communicate them.
In this presentation, Paul Ballew, D&B's Chief Data and Analytics Officer, explains the three levels of insight needed to gain an informed perspective for smarter decisions involving big data.
[Salterbaxter MSLGROUP Directions] Materiality - Breaking Out of the Strait-J...MSL
Materiality can help to deliver a range of valuable outcomes, but all too often the process ends up being nothing than a costly rubber-stamp; a matrix of prioritised issues, that’s finalised, published, and then… nothing. Our Salterbaxter MSLGROUP team present five materiality fundamentals, which are important considerations that can help improve results no matter where a company is on its journey.
MSLGROUP's Reputation Impact Indicator Study sheds light on the importance of corporate “mind space” – a measurement of how easily a person can relate to a company – in determining a brand or company’s reputation.
The study’s results demonstrate that “mind space” – meaning both how easily a person relates to a company and the nature of the connotations invoked - plays a different but equally important role in corporate reputation compared to people’s rational views about products, services, financial performance, corporate behavior and how those companies manage relationship with consumers.
Findings from our Reputation Impact Indicator study highlight key challenges facing global reputation managers today.
Download The Reputation Impact Indicator Study here: http://ow.ly/NLjIW
We hope you enjoy reading it and invite you to share your feedback and tips with us on Twitter @msl_group.
Follow #ReputationImpact on Twitter for insights from the report.
The new Global Communications Report, produced by the Holmes Report in conjunction with University of Southern California’s Center for Public Relations, is the definitive study of the global public relations industry, featuring research, agency rankings and industry analysis.
What does a data scientist actually do? Here at Good Rebels we wanted to outline a profile of this new profession, with the help of various industry leaders from academia, business and institutions. In short, we concluded that the main tasks of a data scientist are to identify data, transform it when incomplete, categorize it, prepare it for analysis, perform the analysis, visualize the results and communicate them.
In this presentation, Paul Ballew, D&B's Chief Data and Analytics Officer, explains the three levels of insight needed to gain an informed perspective for smarter decisions involving big data.
[Salterbaxter MSLGROUP Directions] Materiality - Breaking Out of the Strait-J...MSL
Materiality can help to deliver a range of valuable outcomes, but all too often the process ends up being nothing than a costly rubber-stamp; a matrix of prioritised issues, that’s finalised, published, and then… nothing. Our Salterbaxter MSLGROUP team present five materiality fundamentals, which are important considerations that can help improve results no matter where a company is on its journey.
MSLGROUP's Reputation Impact Indicator Study sheds light on the importance of corporate “mind space” – a measurement of how easily a person can relate to a company – in determining a brand or company’s reputation.
The study’s results demonstrate that “mind space” – meaning both how easily a person relates to a company and the nature of the connotations invoked - plays a different but equally important role in corporate reputation compared to people’s rational views about products, services, financial performance, corporate behavior and how those companies manage relationship with consumers.
Findings from our Reputation Impact Indicator study highlight key challenges facing global reputation managers today.
Download The Reputation Impact Indicator Study here: http://ow.ly/NLjIW
We hope you enjoy reading it and invite you to share your feedback and tips with us on Twitter @msl_group.
Follow #ReputationImpact on Twitter for insights from the report.
The World PR Report 2013, produced by the Holmes Report and ICCO, is a definitive report on the trends and issues facing the global PR industry, based on a survey of global agency heads. The report also includes research on the size and growth of the global PR industry, and a ranking of the world's 250-biggest PR firms.
[Salterbaxter Directions] Human Rights - The Time is NowMSL
Is your business up to speed on the risks and opportunities of human rights issues?
Learn from the early adopters of the UN Guiding Principles Reporting Framework and get ahead of the game.
For more information, connect with @salterbaxterMSL or reach out to us on Twitter @msl_group.
Each year, Directions takes an in-depth look at an area of sustainability and communications. This time, we’re delving into the quite sizeable gap that still exists between business and society. It’s not the void that interests us so much as the question of how it can be shrunk.
How do we move from just minding the gap to actually mending the gap?
For more information, connect with @salterbaxterMSL or reach out to us on Twitter @msl_group.
Create the engagement your customer wants and the outcomes your business needs. We had this published behind an email wall, but now making it public for everyone.
In PR2020, experts give us their perspective on what’s coming next in terms of tech disruptions, and how they believe this will impact the work we do. We explore influence, data, human science and machines, and our relation to them as communications professionals, business owners, governments, and human beings.
Write to us to start a conversation on how we can help you distill actionable insights and foresights from conversations and communities.
For more information contact Pascal Beucler, SVP & Chief Strategy Officer, Global, MSL (pascal.beucler@mslgroup.com) and Melanie Joe, Consultant – Research & Insights, MSL (melanie.joe@mslgroup.com)
Success in the "Pull Economy" means understanding that a number of significant business principles have changed. In a hyper connected world information flows much faster and more freely. Organisations as a result are subjected to a growing level of collective intelligence and value creation from outside the company's walls brought on by the increased collaboration of customer/consumers, consumers, employees and suppliers in what is now a much larger ecosystem of data, conversation, innovation and participation. There needs to be a knowledge framework to help companies manage this transformational change and maximise as much value from it in a way that benefits the business and the customer/consumer.
The 2019 JOTW Communications Survey | Trends in Corporate Communications and ...Frank Strong
The 2019 JOTW Communications Survey examines trends in corporate communications and PR. This year’s survey polled 223 communications and public relations (PR) professionals. Some 68% of respondents report holding in-house communication roles and 90% have 10 years or more experience in the industry.The second annual survey was conducted by Sword and the Script Media, LLC in collaboration with Ned Lundquist. Ned launched “Job of the Week” (JOTW) email newsletter in 2001 as a free resource for PR and communications professionals looking for work.
Key findings in this survey include:
>> Budget is the top communications and PR challenge. Budget (59%) was the top challenge for the second year in a row. This was followed by limited staffing or headcount (55%); ever-expanding duties (52%); balancing priorities (49%); and measuring the impact of comms (49%). Just 18% anticipate budgets rising; 51% say they will remain flat and 29% expect budgets to fall.
>> More PR work is being taken in-house. Some 47% of respondents said they’ve observed more PR work being taking in-house. This mirrors broader trends in marketing, where CMOs have slashed agencies in favor of in-house teams. The top reasons for hiring an agency are: execution, expertise and for strategic projects; the top reasons for firing a firm are cost, poor client service and an inability to measure ROI.
>> Storytelling, analytics and thought leadership are the top tactics and trends. The respondents identified storytelling (76%); data & analytics (75%); thought leadership (70%); measurement (66%) and content marketing (64%) as growing more important. While not a majority, those with the most votes for less important were press releases (33%), award programs (31%) and white papers (36%).
>>Media relations continues to get harder. Most respondents (68%) said media relations is harder or much harder – up from 51% last year. Respondents cited reporter turnover, veteran reporters being replaced with junior ones, and “in-your-face-journalism” as contributing causes. Money and standards distinguish media relations from influencer marketing.
>>Top metrics PR pros track. About one-third (29%) think they do an adequate job of communications measurement while 46% say it needs improvement. The most common metrics comms pros said they track includes web traffic (73%); impressions (66%); estimated site traffic (60%); mentions (57%) and email open rates (52%).
>>More communicators report to the CEO than to marketing. More respondents (38%) say the comms function reports to the CEO, versus 35% that say they report to marketing. This was followed by the chief operating officer (9%), strategy (7%) and human resources (5%).
Social Data Intelligence: Integrating Social and Enterprise Data for Competit...Susan Etlinger
This report lays out a mandate for enterprise organizations to integrate social data into other enterprise data streams, or risk building a "social silo." Includes best practices, frameworks, and a social data maturity map.
The 100 Leading Global Fintech Innovators 2015 H2 Ventures
We are pleased to present the second annual ‘Fintech 100’, the best fintech innovators, this year from 19 countries around the world.
The Fintech 100 are those companies using technology to the best advantage and driving disruption within the financial services industry. These companies have a commitment to excellence, superior customer experience and a demonstrated ability to do one thing in a market better than everyone else.
The Fintech 100 includes the leading 50 fintech companies across the globe, and the most intriguing 50 ‘emerging stars’ – exciting new fintechs with bold, disruptive and potentially game-changing ideas – expanding on the success of last year’s list.
Visit www.fintechinnovators.com for more information
10 min guide to Marketing Automation: What is the one common threat all marke...Anders Lindgren
What is the one common threat all marketers face? Bad customer intelligence say experts. Here's how to get your intelligence gathering in order and your CRM and Marketing Automation efforts more effective.
Key topics: Marketing Automation, E-mail Marketing, CRM, Database Marketing, Account Based Marketing, Relationship Marketing, Services Marketing.
Time is one of the biggest & finest resources of this universe. The one who manages his time becomes successful & one who fails to do it, fails in his whole life !
This presentation is an intro to Time Management. Actually it was designed for the workshop, however it would be a good resource for other viewers.
The World PR Report 2013, produced by the Holmes Report and ICCO, is a definitive report on the trends and issues facing the global PR industry, based on a survey of global agency heads. The report also includes research on the size and growth of the global PR industry, and a ranking of the world's 250-biggest PR firms.
[Salterbaxter Directions] Human Rights - The Time is NowMSL
Is your business up to speed on the risks and opportunities of human rights issues?
Learn from the early adopters of the UN Guiding Principles Reporting Framework and get ahead of the game.
For more information, connect with @salterbaxterMSL or reach out to us on Twitter @msl_group.
Each year, Directions takes an in-depth look at an area of sustainability and communications. This time, we’re delving into the quite sizeable gap that still exists between business and society. It’s not the void that interests us so much as the question of how it can be shrunk.
How do we move from just minding the gap to actually mending the gap?
For more information, connect with @salterbaxterMSL or reach out to us on Twitter @msl_group.
Create the engagement your customer wants and the outcomes your business needs. We had this published behind an email wall, but now making it public for everyone.
In PR2020, experts give us their perspective on what’s coming next in terms of tech disruptions, and how they believe this will impact the work we do. We explore influence, data, human science and machines, and our relation to them as communications professionals, business owners, governments, and human beings.
Write to us to start a conversation on how we can help you distill actionable insights and foresights from conversations and communities.
For more information contact Pascal Beucler, SVP & Chief Strategy Officer, Global, MSL (pascal.beucler@mslgroup.com) and Melanie Joe, Consultant – Research & Insights, MSL (melanie.joe@mslgroup.com)
Success in the "Pull Economy" means understanding that a number of significant business principles have changed. In a hyper connected world information flows much faster and more freely. Organisations as a result are subjected to a growing level of collective intelligence and value creation from outside the company's walls brought on by the increased collaboration of customer/consumers, consumers, employees and suppliers in what is now a much larger ecosystem of data, conversation, innovation and participation. There needs to be a knowledge framework to help companies manage this transformational change and maximise as much value from it in a way that benefits the business and the customer/consumer.
The 2019 JOTW Communications Survey | Trends in Corporate Communications and ...Frank Strong
The 2019 JOTW Communications Survey examines trends in corporate communications and PR. This year’s survey polled 223 communications and public relations (PR) professionals. Some 68% of respondents report holding in-house communication roles and 90% have 10 years or more experience in the industry.The second annual survey was conducted by Sword and the Script Media, LLC in collaboration with Ned Lundquist. Ned launched “Job of the Week” (JOTW) email newsletter in 2001 as a free resource for PR and communications professionals looking for work.
Key findings in this survey include:
>> Budget is the top communications and PR challenge. Budget (59%) was the top challenge for the second year in a row. This was followed by limited staffing or headcount (55%); ever-expanding duties (52%); balancing priorities (49%); and measuring the impact of comms (49%). Just 18% anticipate budgets rising; 51% say they will remain flat and 29% expect budgets to fall.
>> More PR work is being taken in-house. Some 47% of respondents said they’ve observed more PR work being taking in-house. This mirrors broader trends in marketing, where CMOs have slashed agencies in favor of in-house teams. The top reasons for hiring an agency are: execution, expertise and for strategic projects; the top reasons for firing a firm are cost, poor client service and an inability to measure ROI.
>> Storytelling, analytics and thought leadership are the top tactics and trends. The respondents identified storytelling (76%); data & analytics (75%); thought leadership (70%); measurement (66%) and content marketing (64%) as growing more important. While not a majority, those with the most votes for less important were press releases (33%), award programs (31%) and white papers (36%).
>>Media relations continues to get harder. Most respondents (68%) said media relations is harder or much harder – up from 51% last year. Respondents cited reporter turnover, veteran reporters being replaced with junior ones, and “in-your-face-journalism” as contributing causes. Money and standards distinguish media relations from influencer marketing.
>>Top metrics PR pros track. About one-third (29%) think they do an adequate job of communications measurement while 46% say it needs improvement. The most common metrics comms pros said they track includes web traffic (73%); impressions (66%); estimated site traffic (60%); mentions (57%) and email open rates (52%).
>>More communicators report to the CEO than to marketing. More respondents (38%) say the comms function reports to the CEO, versus 35% that say they report to marketing. This was followed by the chief operating officer (9%), strategy (7%) and human resources (5%).
Social Data Intelligence: Integrating Social and Enterprise Data for Competit...Susan Etlinger
This report lays out a mandate for enterprise organizations to integrate social data into other enterprise data streams, or risk building a "social silo." Includes best practices, frameworks, and a social data maturity map.
The 100 Leading Global Fintech Innovators 2015 H2 Ventures
We are pleased to present the second annual ‘Fintech 100’, the best fintech innovators, this year from 19 countries around the world.
The Fintech 100 are those companies using technology to the best advantage and driving disruption within the financial services industry. These companies have a commitment to excellence, superior customer experience and a demonstrated ability to do one thing in a market better than everyone else.
The Fintech 100 includes the leading 50 fintech companies across the globe, and the most intriguing 50 ‘emerging stars’ – exciting new fintechs with bold, disruptive and potentially game-changing ideas – expanding on the success of last year’s list.
Visit www.fintechinnovators.com for more information
10 min guide to Marketing Automation: What is the one common threat all marke...Anders Lindgren
What is the one common threat all marketers face? Bad customer intelligence say experts. Here's how to get your intelligence gathering in order and your CRM and Marketing Automation efforts more effective.
Key topics: Marketing Automation, E-mail Marketing, CRM, Database Marketing, Account Based Marketing, Relationship Marketing, Services Marketing.
Time is one of the biggest & finest resources of this universe. The one who manages his time becomes successful & one who fails to do it, fails in his whole life !
This presentation is an intro to Time Management. Actually it was designed for the workshop, however it would be a good resource for other viewers.
Dun & Bradstreet presentation that guides small business owners on the steps to building a strong business credit profile, as well as highlights some of the benefits of a healthy business credit profile.
Get the Top Tips for Salesforce Admins in this slide deck by Lori Witzel, Product Marketing Manager for Spanning Cloud Apps and Kevin Edelmann, Principal Cloud Success Technologist with salesforce.com. We will cover everything from what makes a tip "good" to resources and results from a "user group therapy" session. Download the deck for our list of Top Tips for Salesforce Admins.
Magenta advisory: Data Driven Decision Making –Is Your Organization Ready Fo...BearingPoint Finland
It’s nice to have loads of data. Nevertheless, many managers start to sweat when it comes to genuinely fact-based decision making. This study reveals the keys to leveraging big data successfully.
We conducted a groundbreaking survey of the UK’s data and business professionals to get a snapshot of the state of the world of data, uncover some of the issues facing the industry and get a sense of the changes on the horizon. The results were enlightening, and in some cases, very surprising.
Find out:
Why nearly a third of IT Directors feel their organisation uses data poorly
What the hybrid data manager of the future will look like
Why understanding customer behaviour remains the holy grail for so many
We conducted a ground-breaking survey of the UK’s data and business professionals to get a snapshot of the state of the world of data, uncover some of the issues facing the industry and get a sense of the changes on the horizon. The results were enlightening, and in some cases, very surprising.
We conducted a survey of the UK's data and business professionals to get a snapshot of the state of the world of data, uncover some of the issues facing the industry and get a sense of the changes on the horizon. The results were enlightening, and in some cases, very surprising.
Gary Vaynerchuk's advice can be found here: http://www.youtube.com/watch?v=TLZDzFKKwZw
BBC's Monitor Me can be found here: http://www.youtube.com/watch?v=aJlMwBaGcsk
Third Eye Project can be found here: http://www.youtube.com/watch?v=gbTQb1Hdp6U
Tom Ratkovich, Managing Director, LEAP reviews the biggest takeaways from the 26th edition of The ROUNDTABLE, including highlights from the executive panel and other industry transformation case studies.
Ericka pionin digital transformation – definedEricka Pionin
Digital Transformation – Defined
To be successful, companies must focus on customer experience and to remain sustainable, they must invest in digital technology.
How the CFO can Fuel Sales with Data InspirationDun & Bradstreet
Growth and profitability are driven by relationships. Finance and sales are increasingly compelled to work together to drive customer value and company profitability. Learn how together, with a data-inspired approach to collaboration, they can discover new ways to improve customer relationships, optimize risk and opportunity and build a long-term sustainable growth.
The enterprise marketer's playbook: Building an integrated data strategy.
An integrated data strategy can help any business see customer journeys more clearly ― and then give customers more relevant ads and experiences that get results. So why doesn't everyone have such a strategy? We look at what sets the marketing leaders apart.
Let marketing data be your guide
If you've ever felt too swamped by data to find the customer insights you need, you're not alone. But there's a new and better approach to gaining deeper audience insights: building an integrated data strategy.
Read this report to learn how:
86% of senior executives agree that eliminating organizational silos is critical to expanding the use of data and analytics in decision-making.
75% of marketers agree that lack of education and training on data and analytics is the biggest barrier to more business decisions being made based on data insights.
Leading marketers are 59% more likely to use digital analytics to optimize the user experience in real time.
2. 2
T H E B U S I N E S S I M PER AT I V E:
G R OW T H
Growth is the lifeblood of business, and most of our careers
are focused on finding ways to generate it. In fact, CEOs say
growth is their Number 1 imperative.
The reality they face today, though, is that growth seems
harder to find than ever.
Many markets that were recently deemed “growth markets”
are no longer growing, and recently stable markets are now
declining. And companies invest heavily in the pursuit of
growth. They spend $3.8 trillion a year on information
technology, $300 billion on travel, $431 billion on consultants
and $50.3 billion on sponsorships. Unfortunately these
investments are often made in vain. Dun Bradstreet
analyzed more than 300,000 companies in our global
database, and only 30% grew revenues in 2014.
Since growth can be elusive, many executives are left asking:
Where do I find it? What do I have to do to achieve it? How
do I sustain it?
T H E S ECR E T TO S U CCE S S:
R EL AT I O N S H I P S
Long-term success in business has always been about more
than just who you know and what you do. It is dependent on
what you do with your customers, prospects, suppliers and
partners to help them succeed.
Relationships are the longest-standing, most proprietary
differentiator for any company. They were central to the very
beginnings of commerce and even civilization at large, as
financial contracts are as old as written language. Technology
can be replaced, people can change jobs and products can
become obsolete. In the end, the most successful companies
are those that value relationships above all else.
More importantly, successful enterprises understand that this
singular focus is not the responsibility of any one function.
It must be the mission of every employee. Sales and marketing
teams must drive new relationships with prospects. Finance
teams must drive profitable relationships with customers.
Procurement must establish sustainable relationships with
suppliers. Compliance leaders must fortify trusted
relationships with vendors, partners and customers.
R EL AT I O N S H I P S I N
T H E M O D ER N AG E
If relationships are as time-tested a part of business as
business is a time-tested part of society itself, it begs the
question: What’s new about them?
Increasingly they are global in scale. But they are also
hyper-networked and digitally enabled. Where the business
relationships of yesterday were based on handshakes, calls
and cocktails, many of them are now built through clicks,
taps and swipes.
This dynamic is only going to progress, forcing every
company to rethink the way it maximizes the value of its
interactions with its most vital constituents. In a world of
self-directed buyers, how do you manage relationships with
people whose needs you don’t fully understand, whose
language you may not speak? The answer:
DATA.
At this point, nobody would argue with the fact that the
modern, digital economy requires vastly more connections,
and that these connections – driven by everything from social
media to the internet of things – create a torrent of data. This
dynamic also creates complexity. As many talk about the
explosion of big data, they even seem to revel in the numbers.
We believe that the business world needs a much simpler
conversation. It’s not all about the data. What problem has
big data itself ever solved? Rather, it’s about how you can use
the data to inform the relationships that you need to build.
For nearly two centuries, Dun Bradstreet has partnered
with some of the most successful companies in the world.
For many of our earliest employees, that meant exploring the
burgeoning American west on horseback. Their goal was to
help build valuable relationships between traders and
shopkeepers and the banks that wanted to extend them
credit. While the scope and scale of this responsibility is far
greater today, the fundamental importance of relationships
has not changed.
We believe that by finding truth and meaning in data,
businesses can create the relationships that lead to a
sustainable competitive advantage.
3. 3
A R EL AT I O N S H I P
PL AT F O R M
Goals, however, are only relevant if you can execute on them.
At the end of the day:
– Chief financial officers require the foresight to quickly
optimize risk and opportunity.
– Chief marketing officers need a comprehensive view of
current and potential customers and the knowledge
required to convert them to advocates.
– Chief procurement officers must have the clarity to create
nimble, resilient supply chains.
– Chief compliance officers must have certainty regarding
how customers, partners and vendors conduct their
business around the world.
To execute each of these responsibilities, these functional
leaders must incorporate data and insight that is not easily
obtained. More importantly, they must reach across silos to
ensure that their activities are coordinated and effective.
Any company that wants to put relationships first needs to
establish a foundation for managing relationships. At
Dun Bradstreet, we call it a relationship platform.
Relationships aren’t a series of isolated interactions. They are
an interconnected web of engagement that evolves over time.
A relationship platform creates a singular, integrated view of
the data and insights required to manage what is often a
complex web.
Dun Bradstreet provides the information and intelligence
that can empower you to do this. By working with leading
companies – including nearly 90% of the Fortune 500 – to
help them forge valuable relationships, we have developed
deep expertise on how data and analytics fuel growth and
industry-leading performance.
To let you activate this expertise, we:
– Create a single, integrated view of relationships tied
together by the D-U-N-S Number, Dun Bradstreet’s
unique global business identification system that
identifies, validates and links businesses worldwide
– Build – or co-develop with partners – solutions tailored to
your role, whether you are in marketing, sales, finance,
supply, compliance or information technology
– Provide access to the world’s largest commercial database,
with more than 240 million company records we derive
from 30,000 data sources and update 5 million times per
day; and combine it with the most powerful contact
databases via Dun Bradstreet NetProspex
– Leverage our DUNSRight process to provide an
unmatched ability to turn an enormous volume of data
into the high-quality information you need to build your
most valuable relationships
– Deliver this content in ways you want to consume it,
integrating it into your systems and processes, owned
data and data from third-party sources
FOR THOSE WHO FOCUS ON CREATING A RELATIONSHIP PLATFORM,
THE BENEFITS ARE SUBSTANTIAL.
– CIOs and chief data officers get a comprehensive, flexible platform to integrate with tools and cloud-based applications
that provide the right information to the right function at the right time. Our customers have seen data integration time
improve by up to 30%.
– CMOs access a single, unified, end-to-end view of increasingly self-directed prospects. Our customers have increased
conversion rates up to 12%, improved campaign performance up to 15% and enhanced targeting effectiveness by up to 30%.
– CFOs have comprehensive customer intelligence to quickly make the right calls on allocating credit and investing capital.
Our customers have been able to reduce days sales outstanding by up to five days.
– Chief procurement officers develop the optics necessary to anticipate supplier risk, optimize the entire chain and
maximize buying power. Our customers have reduced supply chain risk up to 30% and reduced costs of certifying new
vendors by up to 15%.
– Chief compliance officers own a single source of information, analysis and expertise to drive their compliance processes.
Our customers work across almost 200 countries to ensure compliance on a global scale.
4. 4
A RELATIONSHIPS-DRIVEN
CULTURE
Your relationship platform must stand on one more leg.
Developing it requires something more than effective
activation of high-quality data and analytics.
You need a culture that is ready to embrace it. Three core
values can galvanize your company just as they will guide
every Dun Bradstreet employee in our own relationships:
– D ATA- I NSPI R ED
– RE LE NT LE SSLY CURIOUS
– INH E R E NT LY GEN EROUS
DATA- I NSPI R E D
Many blogs and whitepapers have been written on the value
of a “data-driven” approach to business. To be data-inspired is
something altogether different. Where data-driven has a
notion of the obligatory, data-inspired speaks to a passion
about the power of data.
Neopost is a model example. A France-based, 90-year-old
global leader in mailing solutions and shipping services with
more than $1 billion in revenue and more than 800,000
customers in 31 countries, Neopost’s continued growth is being
fueled by its transformation from a manufacturer of mailing
machinery to a digital communications platform provider.
They understand that data can help them meet this objective.
North America is Neopost’s second biggest market, and
Neopost USA had worked with Dun Bradstreet over several
years to transform its credit processes, reducing days sales
outstanding by up to five days. They had also struggled for
nearly a decade to transform their CRM processes in ways
that help their sales and marketing teams engage clients more
effectively.
Their leadership team realized that the data and insights they
were leveraging in their credit process could also help them
finally bring intelligence to their go-to-market approach. To
eliminate complex integrations and disparate data sources,
Neopost CRM Director Greg McLaughlin teamed with
Gautam Anne, an IT director at the company, on a cross-
functional effort. Only by working together were they able to
focus their client data set – reducing records by 75% – and
provide clean and actionable information to their sales and
marketing teams. The success they realized maximizing data in
one function inspired them to take a new approach to
optimizing another.
“We’re very fortunate to have business-oriented IT people and
very technology-savvy businesspeople,” McLaughlin says. “As
strong a collaboration as we have between the business and IT
team, that’s the kind of collaborative, strategic partnership we
have with Dun Bradstreet.”
RELENTLESSLY CURIOUS
There are three ways a company can handle the rapid pace of
change in the world of business: Ignore it and be left behind,
watch it and try to keep up, or embrace it and be the ones out
front. Change brings new problems to solve, new things to
learn and new ways to grow. The innovators respond to these
pivotal moments by asking the right questions, listening for
answers amongst the signals, and acting on those answers with
conviction.
Autodesk is a leader in 3D design software with 12 million
users of its professional products and more than $2.3 billion
in revenue. They are achieving double-digit growth and
advancing in North America, EMEA and Asia Pacific by
working with some of the most creative people in the world,
helping their customers design everything from bikes to
buildings and planes to power plants.
By definition, their customer base is dynamic, so they must be
relentlessly curious to understand where their future growth
will come from – and where it won’t. Autodesk thought that
their revenue and growth were driven by small and midsize
firms. Working with Dun Bradstreet, they were able to
recognize that their most valuable relationships were actually
with a relatively small number of large enterprises. In fact,
almost half their revenue was coming from just 6,000
companies, “not the mom and pops that we normally thought
we sold to,” according to Patrick Booher, director of data
management at Autodesk.
“Data has been a big differentiator,” Booher adds. “We’ve
been able to start targeting our customers by the industries
they’re in, what size they are and their overall ecosystem,
and we’ve become a much more customer-focused, go-to-
market company than a product-focused and product-
organized company.”
Three core values can galvanize your company just as they will guide
every Dun Bradstreet employee in our own relationships.
5. 5
INHER E NT LY G E N EROUS
By definition, a relationship involves at least three entities: The
first person, the second person, and the interaction they have
with each other. For a relationship to succeed, you must have
as much concern for the other person and the nature of your
interaction as you have for yourself.
“Talk to someone about themselves,” Dale Carnegie wrote 80
years ago in How to Win Friends and Influence People, “and
they’ll listen for hours.”
That’s something the leadership team at Aftco understands.
Aftco has grown from a California-based maker of fishing
tackle to a multi-faceted lifestyle brand, branching into
clothing and other gear for big-game anglers. To help drive
this transformation, Aftco has embedded Dun Bradstreet
data into the core of their decision-making processes.
This information has allowed them to extend their values as a
family-run company to the more than 3,000 customers they work
with every day. An inherent element of these values is generosity.
A few years ago, one of their customers lost a store in a fire.
After Dun Bradstreet data quickly alerted them to the fire,
Aftco was able to temporarily alter their terms with the client
to give them time and resources to rebuild. By Aftco’s own
admission, it could have taken them months to realize that
this calamity had occurred, perhaps causing them to sever
their relationship with the client. Instead, Aftco knew the facts
and filled the company’s store with a new line of products for
its grand re-opening. This customer is now driving more
revenue for Aftco than before.
“DB has played a huge role for really as long as I can
remember in helping us pick the right [partners],” Aftco
president Bill Shedd says. Adds Jon Baker, their manager of
credit and collections, “You have to realize that you’re dealing
with people. You’re dealing with real-life human beings that
have families and needs and wants and expectations.”
THESE VALUES DRIVE
DUN BRADSTREET’S RELATIONSHIPS.
Dun Bradstreet operates on a global scale, with more than 30,000 customers. We’ve been fortunate to reach this point
because these values have been reflected in our interactions every day at a company consistently recognized as one of the
world’s most ethical.
That was evident four years ago this month when the earthquake and tsunami hit northeastern Japan. Struck by the
devastation, a team at Dun Bradstreet wondered what they might be able to do to help. Their thoughts turned to the many
businesses in the region that would be affected. The global presumption would be that even the surviving small businesses
would have been wiped out. For larger businesses, their ability to participate in tight deliveries of critical-path items was
deeply challenged at absolute best.
Our team was inspired by the potential of Dun Bradstreet data and analytics to identify and help the affected companies.
They convened internal experts and external partners virtually to determine which companies were still operational, which
appeared to be down temporarily, and which sustained longer-term damage.
Their curiosity drove them to pool our own data and capabilities with third-party sources including precise topographical
maps of the country, detailed information about the height and footprint of the tsunami in various locations, geospatial and
satellite data, and even crowd-sourced radiation propagation data. The Dun Bradstreet experts across multiple countries
and our external partners also built algorithms to determine where straight lines (roads) had been broken and where cars had
once been but were no more.
Traditional methods of determining what businesses were affected in the disaster would have taken more than a year. “This
was an unacceptable premise,” says Anthony Scriffignano, Dun Bradstreet’s chief data scientist. “We had to do better. Lives
could literally depend on our ability to do better. These people deserved better.”
Instead, in just three months, the team remediated all the affected data and created a tool anyone could use to search for a
company and understand its status. And finally, they realized that the way to maximize the impact of these highly scientific
analytics was to make them available on the web, free of charge, giving people the insight they needed to help rebuild
businesses and move them back to sounder footing.