Got Social “Sense”?

by Jay Deragon on January 18, 2012 · 0 comments

The word sense implies an acute perception of or responsiveness toward something of vital importance. In business the most vitally important issue is people: buyers, employees and suppliers. Without them there is no business.

People have a voice used to express wants, desires, needs and intentions. This has been so since the beginning of time. Yet the majority of us either ignore or forget how important it is to listen to the “voice of people” we aim to serve.

Corporations are people containers. Leaders and managers execute strategies and tactics with the aim of serving a business purpose. However history has demonstrated the fallacy of management methods used within “corporate containers” aimed at executing the intent of leaders and managers who do not listen to the intent of the people they aim to serve. Not listening and executing on “people’s” intent means your corporate container is out of alignment with the marketplace.

Common Sense Would Say “Listen and Learn”

A CMO White Paper Titled Creating Market-Sensing Corporate Cultures says: Organization-wide Attention to Customers, Competitors and Market Conditions is Critical to Being an Ever-Alert, Nimble Enterprise That Better Anticipates, Addresses and Acts on Both Business Opportunity and Threat. A recent CMO Council study on Giving Customer Voice More Volume found that:

  1. Two-thirds of more than 400 companies surveyed do not have Voice of Customer program in place.
  2. Only 10.7 percent of companies have deployed real-time systems to collect, analyzeand distribute customer feedback.
  3. While 75.3 percent say they receive customer feedback via e-mail, only 23.1 percent say they track and measure the volume and nature of these messages.
  4. Customer voice has gone online, but only 16 percent track word of mouth on the Internet.

Today’s Chief Marketing Officer is a change agent and more than 50 percent, according to our Define & Align the CMO research, are hired to fix broken marketing organizations and lead transformation across all functional areas. This includes measurably impacting and influencing company culture, customer experience, competitive differentiation, brand recognition, sales effectiveness and business performance. To drive this transformation toward greater market sensing, customer intimacy and competitive alertness, the CMO and the CEO have to engage the C-suite in a collaborative, systematized and sustained process to create a market responsive mindset and “Cultural Sense-Ability” across the extended organization.

Forgive me if I sound harsh but the above research results and subsequent statements of intents strongly suggest that most corporations do not have or use common sense and aren’t thinking sensibly.  How long have markets known that the most vitally important issue is people: buyers, employees and suppliers. Common sense would indicate that satisfaction improves productivity, brand awareness, market sentiment and revenue. Yet the majority of businesses clearly do not think the “people’s voice” is strategically, relevant or relative to the success of business.

Social sense means fixing all the dysfunctional thinking, wasteful efforts and tearing down “corporate containers”. Tearing down the “container” means let the people out and the market in. Doing so makes sense, that is if you have any common sense. Isn’t it sensible to see this?

If you need a counselor to help you see this and change this, call someone who can help or simply ask the people.

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In A State Of Permanent Chaos

by Jay Deragon on January 17, 2012 · 0 comments

Everything is in a state of flux. An old French proverb says “the more things change the more they remain the same”. Even when things seem to be in a chaotic state of change what remains the same, at least for some, is the ability to adapt.

A Fast Company article titled This Is Generation Flux: Meet The Pioneers Of The New And Chaotic Frontier Of Business  states:  Despite recession, currency crises, and tremors of financial instability, the pace of disruption is roaring ahead. The frictionless spread of information and the expansion of personal, corporate, and global networks have plenty of room to run.

And heres the conundrum: When businesspeople search for the right forecast–the road map and model that will define the next era–no credible long-term picture emerges. There is one certainty, however. The next decade or two will be defined more by fluidity than by any new, settled paradigm; if there is a pattern to all this, it is that there is no pattern. The most valuable insight is that we are, in a critical sense, in a time of chaos.To thrive in this climate requires a whole new approach, which well outline in the pages that follow. Because some people will thrive. They are the members of Generation Flux. This is less a demographic designation than a psychographic one: What defines GenFlux is a mind-set that embraces instability, that tolerates–and even enjoys–recalibrating careers, business models, and assumptions.

Not everyone will join Generation Flux, but to be successful, businesses and individuals will have to work at it. This is no simple task. The vast bulk of our institutions–educational, corporate, political–are not built for flux. Few traditional career tactics train us for an era where the most important skill is the ability to acquire new skills.

Adapting To Chaos

Prior to the web things were predictable. In the web 1.0 economy things were fairly predictable. The dynamics of web 2.0 and beyond are chaotic and the only thing  predictable is rapid change.  With this increased speed of change has come a decrease in planning for the future. We are so uncertain about what will happen five years from now that both individuals and corporations seldom plan more than a few months in advance.

Chaos creates opportunity. Those who embrace the latest technologies will make fortunes.  In the midst of accelerating change, we sometimes forget that new technologies are not new things that we must do. They are simply new ways of doing what we have always done.  The difference is technology accelerates the rate of change which changes the way we do things. Start learning how to do things differently and you will embrace chaos.

As the old French proverb says “the more things change the more they remain the same”. What remains the same is those that resist change. This time there are more people fueling change than those resisting it.

 

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Innovation Comes From Creating New Memories

by Jay Deragon on January 16, 2012 · 0 comments

Our brains get programmed from experience. When we repeat the same experience over and over we convince our memory to expect the same experience.  When we walk into a room, a mall and even when we go online we expect a certain experience because our brains tell us what to expect based on the past experience. Change the experience and you change the memory.

HBR had an article by Art Markman titled Dont Think Different, Think About Different Things  which states Memory provides you with the information it thinks you need when it thinks you need it. When you are walking through the supermarket or asked to think about it, information about food and shopping is easy to recall. When you are at a football game, your knowledge of the rules and types of plays is easy to think about, but the texture of fresh romaine lettuce is not.

When you need to solve a problem in a new way, you have two options. One is pure research and development. The other requires finding knowledge which we already know that offers a novel solution. When you gather a group for an ideation session, you are betting that the group already knows how to solve the problem, they just have to find the answer.  Pulling information from memory to solve problems happens effortlessly. To find innovative ways to solve a problem, you need to ask your memory the right question.

Tapping Into More Memories

Individually we solve problems based on our memories experience. Collectively we can solve more problems because we’re tapping into a larger pool of memories.  The social web is a platform of memories made and being created, one to one to millions second by second.  The collaborative nature of the human network enabled with connectivity to larger human networks ignites problem solving through discovery of innovation like never before. New memories are being created.

When you consider that in the last two years more information has been created than ever before in history you can see the building of a “human memory network” that is vast and accessable in real-time.  When you enable groups, millions, of people to examine a problem and contribute to finding a solution a new dynamic is created…..thinking about different things instead of just thinking differently.

Thinking about different things requires input from those with different memories. Institutional thinking has created institutional memories.  Since everything has shifted to the unusual the usual solutions to old problems no longer work. In other words organizations can no longer rely on old memories they must create new ones.  Memories come from experiences and all things social are changing the memories of everything and everyone at the click of a mouse.

Innovate and you create the next memory.  Old memories can be good but new ones are better.

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The Seven Habits of AntiSocial Businesses

by Jay Deragon on January 10, 2012 · 0 comments

A lot is being discussed about social business models and what does social business really mean.  IBM is devoting lots of resources to this subject and they frame their views about what a social business means in the following context.

 Becoming a social business requires a long-term, strategic approach to business culture, executive leadership, an effective corporate strategy, and organizational ability                       to recognize and design for transformation.

According to IBM the results from those already on the journey to becoming a social business show:

  • 90% of respondents report measurable business benefits from Web 2.0 tools, including better access to knowledge, lower costs of doing business, and higher revenues (McKinsey Global Survey 2010)
  • Standout organizations are 57% more likely to allow their people to use social and collaborative tools (IBM CHRO Study 2010)
With such an endorsement of the social business concept and the related improvement opportunities one would think that businesses would pay attention and begin adopting the related philosophies and subsequent strategies to capture the proclaimed benefits.  Instead we see the opposite, businesses continue to live in the management theories of the 20th Century while the customers and employees are living in the 21st Century.  You can spot which businesses are not social by observing their antisocial habits.

The Seven Habits of AntiSocial Businesses

The 21st Century customer and employee have distinctive views as to what makes a business antisocial. These views are created based on the habits of a business and the top seven antisocial business habits are:

  1.  They use “social technology” as a marketing tool rather than an improvement tool
  2. They have no idea that the audience includes their employees and the employees laugh at the false claims they make to the marketplace.  Yet the company has no idea the employees are laughing because they don’t listen.
  3. Leadership has no idea what being a social business means and they think just because they are using social media that makes them a social business.
  4. They are obsessed with ROI on use of social media rather than use of technology to enable people, processes and performance.
  5. They view engagement as tricks, traps and capture techniques while ignoring the customers social experience with the organization as a whole.
  6. They practice 20th Century management methods with an emphasis on top down control vs. bottom up enablement.
  7. They don’t understand nor will they recognize that the entire marketplace is being transformed. Buyers are now the sources of media and their influence is greater than yours. Their attitudes, actions and media relfect the lack of understanding.

The bottom line: If your organization exhibits several of these traits, now is the time to transform your thinking, your actions and your relations.  If your company exhibits several of these traits, now is the time to start looking for a new job.

Other thoughts on Antisocial Businesses

  1. Is Your Business Antisocial? by Brian Solis
  2. The Anti-Social Business from IBM
  3. Antisocial Business Ideas from Realcognitic
  4. The Anitsocial Enterprise from Forbes
  5. Move Over Social Media; Here Comes Social Business from Fast Company

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The New Buzzword: Customer Creation

January 9, 2012

“The purpose of business is to create a customer.” — Peter Drucker.  Could Drucker be wrong?  Maybe and maybe not but now consultants and know it all pundits are spinning customer creation as the holy grail to all 21st Century sales and marketing efforts. I am sorry, no I am not, but I don’t buy [...]

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Do You Know Who The Customer Is?

January 6, 2012

The 21st century employee needs the support of managers that know how to lead not manage.

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It’s About Your Ideas Not Your Ego

January 5, 2012

Creating good content and a strong following is hard work.  Many have learned this lesson and many more are still learning.  Just ask any major media outlet. The race for content that attracts an audience is very competitive and changes rapidly. The most compelling content is that which creates ideas for others to create opportunities. [...]

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The Travel Market Races To The Bottom

January 4, 2012

There is a war brewing within the on-line travel agency space over Google’s recent move with Google Flights and Google hotels.

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Social Apps Have Limited Lifespans

January 3, 2012

Engagement and value added are the keys to an extened lifespan in a hyper marketplace with attention deficit.

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Using The Web As Leverage

January 2, 2012

Assets represent value that can be leveraged and converted to social value which leads to economic gains.

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