Showing posts with label Vision. Show all posts
Showing posts with label Vision. Show all posts

Friday, May 1, 2009

Sometimes you have to ignore your customers!

Jensen Huang (Co-Founder of NVIDIA) has an interesting sight on Corporate Vision and the fact that you have to ignore the customer base in certain situations. That is when you are sure that your vision is so much stronger than that of your customers:

This is actually a good point and sometimes probably necessary to differentiate from competition. Risky, though, when you completely lose contact to the end-users.
For NVIDIA it worked out quite well. But as Jensen said, they were competing against 200 other graphics chips producers in the 90s, so differentiation is sometimes hard and might really lead to the ignorance of customers (for a while).

A CRM 2.0 strategy must not always mean that a business has to blindly follow what customers demand. Some products or services might not have an obvious business case (i.e. will not create immediate money), some might see no demand at the time you have to start developing them. Still they can deliver in the mid- or long-term if there is a strong vision behind it (and the vision fulfills).

A Revolution needs strong leadership and only a limited number of people are able to discover this in an early stage.

Apple is another good example where products are created with very little or no involvement of (potential) users. A very successful example as we all know… The question is do I really want to completely ignore customers? And if so, for how long?

I think executing on a strong vision does not mean that you have to lose contact with your customers. There are always some people out there that share the same vision. It’s all about finding these individuals and getting them into the boat. The connected (Web 2.0) world these times is a tremendous help here!

So CRM 2.0 is also about finding the right people out there and co-creating products and services with them. If done well, these customers will get real advocates for the brand.

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Saturday, April 4, 2009

The future of the Web (3.0?)

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Creating a CRM 2.0 strategy that is viable in ten years from now would be tightly connected with an accurate prediction of what the Internet (WWW) will look alike by then.

But the question must be asked if this prediction can be made at all? The world is turning faster and faster. Predicting the next 10 years of the World Wide Web would be like predicting the rise of HDTV and Flat TVs in the 1950s…

Remember my slides around Business Velocity?

Or do you remember your top bookmarks in 1996 (I was at university at that time convincing the Professor to upgrade the 56k Internet connection…)? comScore lists websites like WEBCRAWLER.COM, NETSCAPE.COM or INFOSEEK.COM amongst the top 5 all dead and gone ten years later!

On one hand, the ®evolution of the Internet is going at the speed of light (Paul did recognize this a while ago :) – on the other hand, I believe that the cultural revolution that has taken place, initiated by the Web 2.0, has passed its zenith and will continue at a much slower pace the upcoming years.

With the acknowledgement that the future of the Web is hard to predict, a CRM 2.0 strategy should not solely rely on the most hyped platforms like Facebook or Twitter, but focus on a foundation that will last when they will be gone in ten years from now. “Covering the base” is the motto here rather than jumping on the short living buzz.

Saturday, March 28, 2009

Do we still need Operational CRM ?

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According to Gartner “the ratio of operational CRM, analytical CRM and social CRM in packaged applications will shift from 90:9:1 in 2009 to 70:20:10 by the year 2020”. This means there would still be a strong focus on operational CRM and the so called ‘social CRM’ part will only account for 10 percent of CRM suites in 2020.

One one hand I have to agree that operational CRM will still be an important part when it comes to CRM software – even in more than ten years from now. On the other hand I strongly believe that the way companies will execute a CRM 2.0 strategy will dramatically change and shift more to the ‘social CRM’ part than Gartner predicts.

My vision is a software suite that comprises not only traditional CRM tools such as a call center frontend and a sales force automation application, but also all the enterprise 2.0 features such as

  • wiki-webs
  • forums
  • instant messaging
  • knowledge management tools
  • intranet search (across all platforms)
  • social networking applications (linked to external/public platforms)
  • web-conferencing
  • video-conferencing
  • Document collaboration / store

This would allow to effectively execute a CRM 2.0 strategy and reduce the operational part to a minimum as customers can be invited to use these tools (some thoughts need to be spend on security here…) and actively contribute rather than getting stuck in a fixed sales or support process flow.

Currently i do not see any CRM suite getting close to this vision. SalesForce.com might get there soon, but their problem is that the perception on the marketplace is still as a provider of sales force automation – the curse of the brand – and that the networks need to get (much) faster to allow the SaaS model (I do not see them doing Cloud Computing, yet) to deliver an acceptable experience with all these tools. Implementing the full set currently requires a best of breed approach including tools like Jive SBS, Google, SharePoint, WebEx and many more…