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Social Business
http://DSign4Value.com
Introduction
November 14 2016
2
Can social innovation help business
make sense?
©2016 LHST sarl
Introduction
Date Subject
14 November Introduction
14 November Social Business
15 November Social Networks
22 November The Qualified/Quantified Self
06 December Student Deliverables
Introduction
Introduction
©2016 L. SCHLENKER
Agenda
Introduction
Administrative Details
Business Basics
The Challenges
The Building Blocks
Module Facilitator
• I work with managers to help them
understand how enterprise applications,
web and mobile technologies can enrich
their careers.
• The client portfolio in the ICT industry
includes Microsoft, Apple, Ernst & Young,
France Telecom, HP, IBM, Oracle and SAP
.
•The work with the IT industry in Europe
has included fifty partner and customer
conferences, a dozen case studies, and
various marketing support activities.
Prof. Lee SCHLENKER,
Professor ESC Pau
Mail : lee@lhstech.com
Skype : leeschlenker
Web : www.leeschlenker.com
Administration
Assessment
Grading Scale
Participation: 50% of your grade will be based upon your participation and
engagement on the course portal.
Videoscribe case study: 50% of your grade will be based upon your video case
analysis.
In your six-minute videoscribe, you will provide
answers to the following questions :
What is the problem the company is trying to solve?
What exactly does the company propose to do ?
Is the inititive an example of marketing, CRM, or
Social CRM ? How does this compare with what we
have learned social business?
What metrics can be used to measure the future
success of this venture?
What conclusions can you draw from this example
about the future of social business in the industry
under study ?
Administration
• Response systems can increase
student engagement and
participation by giving all
students a chance to respond.
• Results from past polls or
quizzes are stored on the
website and can be associated
with student names.
• This allows teachers to track
each student's performance
over time.
• The interface for web browsers
(on desktop or laptop
computers, or Smartphones and
tablets)Similar
AnswerGarden, Clickers, PollDaddy
Poll Everywhere Administration
• Segment the market by
needs…
• Qualify your target
segment
• Develop your products
or services to meet the
need
• Measure the results
Tristan Kromer
The Basics
Three paths to value The Basics
Product Value
• Delivery
• Use
Brand Value
• Reputation
• Promise
Relationship Value
• Experience
• Conversation
Customer Value
What do customers really value ?
The Basics
The Basics
To help us understand the motivations, experience and objectives of the internal
and external clients of the organization
 ROI
 Real time data
 ...
Stockholders
 Competition
 “made in” “made by”
 ...
The State
 Lower entry barriers
 Acquisitions, OPA...
Partners
 Loyalty
 Real costs
 ...
Clients
The Enterprise
 Mobility
 Empowerment
 ...
Employees
The objectives of an IS The Basics
Social Media
• Social media relies on web-based to
focus communication on interactive
dialogue between organizations,
communities, and individuals
• Social Networking leverages technology to
build and/or elucidate networks of people
who share common interests or activities.
• Social Networking sites often include social
media tools to facilitate the interaction and
conversation
The Basics
©2016 LHST sarl
Challenges
The objective of Customer
Relationship Management is to
enable companies to build deeper,
more profitable, long term
relationships by reaching
customers with the right message
at the right time by providing
superior customer service
Patti Anklam The Social-Network Toolkit
Challenges
Tranformational “Memory” itself becomes
the product — the "experience"
• Service economy – value comes from
services embedded in the product
• Pine and Gilmore argued that
differentiation today comes from creating
“experiences”
• Starbucks, Michelin, Hermès, Apple
• Companies provide “stages”, managers
are “actors”, customers are active
“spectators”
Challenges
Productivity
• Harder, better, faster…
• Mechanized productivity
• Knowledge productivity
• Continuous Productivity
Steven Sinofsky
Challenges
Lee SCHLENKER
Results
Actions
Knowledge
Context
Data
Process
Interprets
Decisions
Measures
Obtain
Define
Require
Drive
The ladder of initiatives™
Challenges
Stan Maklan and his co-authors offer us a view of the past and
potential future of customer relationship management in
their Sloan Management Review article, Why CRM Fails —
and How to Fix It.
• How do the authors’ describe the problem of Customer
Relationship Management, and how do they present the
solution?
• Why to they suggest that managers need to to invest in both
resources and capabilities ?
• Describe the framework presented to develop their CRM
resources and capabilities as well as how it applies to BMV
and Flutter
• Which key insights emerge from the authors’ work?
• new conditions. What other examples confirm this
contention?
Why CRM Fails Building
Blocks
Marketing Relationships Building
Blocks
Traditional Marketing CRM
Goal: Expand customer
base, increase market
share by mass marketing
Goal: Establish a profitable,
long-term, one-to-one
relationship with customers;
understanding their needs,
preferences, expectations
Product oriented view Customer oriented view
Mass marketing / mass
production
Mass customization, one-to-
one marketing
Standardization of
customer needs
Customer-supplier
relationship
Transactional relationship Relational approach
Building
Blocks
Customer Relationship
Management
• For CRM to be truly
effective, an organization
must first decide what kind
of customer information it is
looking for and must decide
what they intend on doing
with it.
• 75% of CRM projects fail
within their first year
• It can result in lost of
productivity and waste
corporate investment in
software and time
Building
Blocks
Is more than social media…..
Social Business Building
Blocks
https://padlet.com/leeschlenker/social
Social Business Building
Blocks
For tomorrow, please:
• Read the article ”Why CRM
Fails — and How to Fix It”.
• Take and post one photograph
representing the ESC’s efforts
at managing the customer
relationships
• Sign in to the course portal at
http://DSign4Value.com

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Social businessintro2016

  • 2. 2 Can social innovation help business make sense? ©2016 LHST sarl Introduction Date Subject 14 November Introduction 14 November Social Business 15 November Social Networks 22 November The Qualified/Quantified Self 06 December Student Deliverables
  • 4. Introduction ©2016 L. SCHLENKER Agenda Introduction Administrative Details Business Basics The Challenges The Building Blocks
  • 5. Module Facilitator • I work with managers to help them understand how enterprise applications, web and mobile technologies can enrich their careers. • The client portfolio in the ICT industry includes Microsoft, Apple, Ernst & Young, France Telecom, HP, IBM, Oracle and SAP . •The work with the IT industry in Europe has included fifty partner and customer conferences, a dozen case studies, and various marketing support activities. Prof. Lee SCHLENKER, Professor ESC Pau Mail : lee@lhstech.com Skype : leeschlenker Web : www.leeschlenker.com Administration
  • 6. Assessment Grading Scale Participation: 50% of your grade will be based upon your participation and engagement on the course portal. Videoscribe case study: 50% of your grade will be based upon your video case analysis. In your six-minute videoscribe, you will provide answers to the following questions : What is the problem the company is trying to solve? What exactly does the company propose to do ? Is the inititive an example of marketing, CRM, or Social CRM ? How does this compare with what we have learned social business? What metrics can be used to measure the future success of this venture? What conclusions can you draw from this example about the future of social business in the industry under study ? Administration
  • 7. • Response systems can increase student engagement and participation by giving all students a chance to respond. • Results from past polls or quizzes are stored on the website and can be associated with student names. • This allows teachers to track each student's performance over time. • The interface for web browsers (on desktop or laptop computers, or Smartphones and tablets)Similar AnswerGarden, Clickers, PollDaddy Poll Everywhere Administration
  • 8. • Segment the market by needs… • Qualify your target segment • Develop your products or services to meet the need • Measure the results Tristan Kromer The Basics
  • 9. Three paths to value The Basics
  • 10. Product Value • Delivery • Use Brand Value • Reputation • Promise Relationship Value • Experience • Conversation Customer Value What do customers really value ? The Basics
  • 12. To help us understand the motivations, experience and objectives of the internal and external clients of the organization  ROI  Real time data  ... Stockholders  Competition  “made in” “made by”  ... The State  Lower entry barriers  Acquisitions, OPA... Partners  Loyalty  Real costs  ... Clients The Enterprise  Mobility  Empowerment  ... Employees The objectives of an IS The Basics
  • 13. Social Media • Social media relies on web-based to focus communication on interactive dialogue between organizations, communities, and individuals • Social Networking leverages technology to build and/or elucidate networks of people who share common interests or activities. • Social Networking sites often include social media tools to facilitate the interaction and conversation The Basics
  • 14. ©2016 LHST sarl Challenges The objective of Customer Relationship Management is to enable companies to build deeper, more profitable, long term relationships by reaching customers with the right message at the right time by providing superior customer service
  • 15. Patti Anklam The Social-Network Toolkit Challenges
  • 16. Tranformational “Memory” itself becomes the product — the "experience" • Service economy – value comes from services embedded in the product • Pine and Gilmore argued that differentiation today comes from creating “experiences” • Starbucks, Michelin, Hermès, Apple • Companies provide “stages”, managers are “actors”, customers are active “spectators” Challenges
  • 17. Productivity • Harder, better, faster… • Mechanized productivity • Knowledge productivity • Continuous Productivity Steven Sinofsky Challenges
  • 19. Stan Maklan and his co-authors offer us a view of the past and potential future of customer relationship management in their Sloan Management Review article, Why CRM Fails — and How to Fix It. • How do the authors’ describe the problem of Customer Relationship Management, and how do they present the solution? • Why to they suggest that managers need to to invest in both resources and capabilities ? • Describe the framework presented to develop their CRM resources and capabilities as well as how it applies to BMV and Flutter • Which key insights emerge from the authors’ work? • new conditions. What other examples confirm this contention? Why CRM Fails Building Blocks
  • 21. Traditional Marketing CRM Goal: Expand customer base, increase market share by mass marketing Goal: Establish a profitable, long-term, one-to-one relationship with customers; understanding their needs, preferences, expectations Product oriented view Customer oriented view Mass marketing / mass production Mass customization, one-to- one marketing Standardization of customer needs Customer-supplier relationship Transactional relationship Relational approach Building Blocks
  • 22. Customer Relationship Management • For CRM to be truly effective, an organization must first decide what kind of customer information it is looking for and must decide what they intend on doing with it. • 75% of CRM projects fail within their first year • It can result in lost of productivity and waste corporate investment in software and time Building Blocks
  • 23. Is more than social media….. Social Business Building Blocks
  • 24. https://padlet.com/leeschlenker/social Social Business Building Blocks For tomorrow, please: • Read the article ”Why CRM Fails — and How to Fix It”. • Take and post one photograph representing the ESC’s efforts at managing the customer relationships • Sign in to the course portal at http://DSign4Value.com