How to Leverage Branding Techniques and Technology for Competitive Advantage
First Published Friday, 23rd March 2012 02:31 pm from TIBCO Software : Kim Jennett
The opinions expressed by this blogger and those providing comments are theirs alone, this does not reflect the opinion of Automated Trader or any employee thereof. Automated Trader is not responsible for the accuracy of any of the information supplied by this article.
Part 2 of 2 ( go to href="http://www.thetibcoblog.com/2012/03/21/how-big-brands-keep-falling-behind-and-losing-market-share/">part
1)
How do brands navigate the
treacherous, democratized, new customer relations landscape to
provide a genuine representation of their experience? The answer
is part organizational mindset and part technological
enablement.
Part Operational
Mindset
First, an organization must
be highly aware internally with active internal communication.
Making this more difficult, modern business has become truly
global with major growth markets in Asia, Latin America, Eastern
Europe, and Africa, as well as in mainstays like the U.S. and
Western Europe. Town hall meetings simply will not cut it
anymore. Employees need frequency and
clarity of communication, but more importantly depth, richness,
variety, and access anywhere. Facebook and Twitter have been high
impact, easy to use and low burden in the consumer sphere, but
nobody (except perhaps Mr. Greg Smith, late of Goldman Sachs)
would use them as a vehicle for communicating confidential
company matters. Regulations in many industries also mean that
those platforms certainly wouldn't make the cut for
corporate use. The good news is that the tools are already here
to bring together global knowledge teams and all the supporting
systems data to make clear, concise, rich, global communication a
reality.
Part Technological
Enablement
Large organizations
and small are now aware that their clients (and others) are
talking about them online, and it may not be all good. This dull
white noise of Internet chatter is tough to identify, harder to
understand, with sources impossible to pinpoint. The volume and
variety of updates, posts, tweets, and blog posts mixed with the
unstructured, opaque nature of the content and contributors'
anonymity don't match the need for hard metrics by corporate
environments reliant on SQL statements looking for a
match.
However, the advent of href="http://www.tibco.com/products/soa/in-memory-computing/default.jsp"
target="_blank">in-memory tools and newer href="http://www.tibco.com/products/business-optimization/pattern-matching/default.jsp"
target="_blank">pattern-matching capabilities (like
a child's innate ability to learn language rather than the
multiple imprecisions of 1990s-era "fuzzy logic") mean real
comprehension of Internet chatter is within our reach. The latest
visual analytics tools, akin to a self-service, Google
Maps-style, tactile navigation through large data sets, only make
this process more intuitive and rapid.
Knowing
what goes on outside the firewall is good, but how do you
translate this to actual business use? The ability to respond,
after you've captured the salient information, is in
its infancy for most organizations. Business culture and
technology optimized for fixed office hours to give the data
plenty of time to rest between work cycles has become more than
antiquated. New approaches in organizational and technological
terms are starting to be given their voice. Live "playbooks,"
accessible from any desktop or mobile device can now solely
address more clear-cut situations, and the escalation path for
tougher calls. Rather than heavily leaning on IT to analyze each
data set and develop reports for business users, new business
processes and playbooks can be implemented at the speed of a
refresh over the network. Product management, sales, corporate
communications, and legal can collaborate securely, with full
audit capability on data analyzed through mobile analytic
dashboards and shared on a global, mobile network. This dynamic
network can collaborate before a response goes out, and it can go
out simultaneously through all channels to all media outlets,
whether old, new, or social.
An
Effective 21st Century Customer Relations
Approach
This isn't
science fiction; these are real capabilities that my colleagues
and I have had the chance to experience with our clients, on a
regular basis. Progress in this field, was at one time hampered
because organizations didn't realize these boundaries
can and should be pushed. Nowadays, it isn't that these
solutions aren't implemented because they can't be done
(either with href="http://www.tibco.com/company/default.jsp"
target="_blank">our platform, or a collection of
other tools), but mainly because people don't realize it can be
done fast and efficiently. Hopefully, we can start to turn that
tide.
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