customer centric organizations in the age of social media

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LeaderLab / Social Business Innovation LEADERLAB 2010 LEADERSHIP NETWORK CUSTOMER CENTRIC ORGANIZATIONS IN THE AGE OF SOCIAL MEDIA Sofus Midtgaard, Introduction Network Meeting November 25th 12.00-16.00 / Rethinking business, organizations & leadership

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Page 1: Customer centric organizations in the age of social media

LeaderLab /

Social Business Innovation

LEADERLAB 2010L E A D E R S H I P N E T W O R K

CUSTOMER CENTRIC ORGANIZATIONS IN THE AGE OF SOCIAL MEDIASofus Midtgaard, Introduction

Network MeetingNovember 25th 12.00-16.00

/ Rethinking business, organizations & leadership

Page 3: Customer centric organizations in the age of social media

…brands wanted everybody to pay attention to them..

http://www.lionsgate.com/

Page 4: Customer centric organizations in the age of social media

...the primary way to influence consumers was

to by advertising...

http://warnerbros.pbworks.com/f/rupert-murdoch-newspapers.jpg

Page 5: Customer centric organizations in the age of social media

...today brands are hiring Chief Listening Officers...

Source: ??? Please help….

Page 7: Customer centric organizations in the age of social media

Paid Owned Earned

Print, Television, Radio, Magazines, Cinema, Outdoor, Banners, Direct mail, SEM/Paid Search, in-store media

Brochure, retail stores, company website, Microsite, community, Facebook Fanpage, Mobile apps etc.

Word of mouth, Facebook, Twitter, Digg, Youtube, Flickr, blogs, forums

Strangers Customers FansSource: With inspiration from MEC, Starbucks and Forrester

Page 8: Customer centric organizations in the age of social media

Costumer Service

Sales

Communication

MarketingR&D /Product Development

Page 9: Customer centric organizations in the age of social media

Open Dialogue

1. How can we effectively listen to dialogues about our organizations and products on social media?

2. How can we engage with customers, suppliers, employees and citizens in new ways in order to increase loyalty and legitimacy?

3. What does a customer centric organization look like in the age of social media?