Tag Archive for: AR

Innovation study: Is culture or strategy the key to success?

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Obviously, the headline question is not easy to answer. Both elements have their impact on business success. At this years IBM JamCamp, we could hear many presentations why “culture eats strategy for breakfast”, and how to turn your business into a social business (i.e. Sandy Carter’s speech) that will drive innovation to new dimensions (and here is some hint how companies might get huge investments for social business realization).

A new study by Strategy& also shows that spending more on R&D won’t drive results. The results from the study illustrate that the most crucial factors are strategic alignment and a culture that supports innovation. The study surveyed almost 600 innovation leaders in companies around the world, large and small, in every major industry sector.

So what makes a truly innovative company? For sure, a focused innovation strategy, a compelling business strategy, deep customer insight, intelligent networking, as well as a splendid set of bright tactics. These are all elements that help giving your company an innovation boost. Still, the study states that corporate culture ties everything together — the organization’s self-sustaining patterns of behaving, feeling, thinking, and believing.

Still, the results of this year’s Global Innovation 1000 study make clear that only about half of all companies say their corporate culture robustly supports their innovation strategy. Moreover, about the same proportion say their innovation strategy is inadequately aligned with their overall corporate strategy. And although entire industries, such as pharmaceuticals, continue to devote relatively large shares of their resources to innovation, the results are much less successful than they and their stakeholders might hope for.

What I like about this study is that it supports my assumptions and thoughts of the Community Centric Strategy model. Across the board respondents identified “superior product performance” and “superior product quality” as their top strategic goals. And their two most important cultural attributes were “strong identification with the consumer/customer experience” and a “passion/pride in products”.

Statements like the following from the study could be taken as a proof for the future development towards a more cultural business attitude that puts the consumer in the middle of your innovation efforts…

“Our goal is to include the voice of the customer at the basic research level and throughout the product development cycle, to enable our technical people to actually see how their technologies work in various market conditions.” Fred Palensky, Executive Vice President of R&D and CTO, 3M Company

In my presentation at the IBM JamCamp 2011 I made clear that companies and brands need to close the perception gap between consumer’s demand and company goals. If companies don’t respect the 5 C engines of the Community Centric Strategy these two expectations cannot be aligned. We will continue to talk of target-groups instead of consumers that are grouping together in “community centers”. This is more of a cultural development companies need to go through than definable strategic capabillities by companies to drive innovations. By closing both the strategic alignment and culture gaps, companies and brands will better realize their goals and attributes.

Spot On!
The study results show that companies and brands should rethink the way they drive their innovation strategy. It suggests that the ways R&D managers and corporate decision makers think about their new products and services are critical for success. This includes all aspects how they feel about intangibles such as risk, creativity, openness, and collaboration. When nearly 20% of companies said they didn’t have a well-defined innovation strategy at all, it offers the chance to start anew and with the right approach. The Community Centric Strategy might be one solution for companies to evaluate culture as one of the main drivers to achieve your strategic goals in a modern way of doing business.

The Virtual Handshake

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Marko Greitschus / pixelio.de

When I was a kid, my grandparents had a little pub. Nothing special. Nothing glamorous. Just a comfortable meeting point for friends or business partners to catch up for a drink. The best day always was the “market day”. Merchants were setting up their booths at the marketplace in the little village my grandparents were living in, early in the morning when most people were still snoring in their beds. When their job was done, they popped up at the pub around 7am when their wives took over to sell their goods.

The guests in the pub did not expect very much. A drink was their desire. A tasty sandwich was luxury to them. Competition amoung pubs was tough, even in this little village a long time ago. There were many pubs around in that coal distrinct north of Germany. The owners of the other pubs in the village changed more or less every year, some even earlier. My grandparents’ business stayed for over a decade, until they decided it was time to stop working. The guests loved their attitude, their individual touch, their personalized way of talking to them. My grandparents’ business was successful.

What was the key to their success story?

Before I answer this question, let me ask you something… When did you shake hands last time with a friend, or a business partner? Do you remember? Did you ever think about why we are shaking hands with people? Have you ever not returned a handshake? It is a common habit of introducing ourselves and of saying Goodbye. We just do it. Well, let’s say in the offline world we do it…

Those days, whenever somebody came into my grandparents’ pub, my grandma and granddad gave them a personal handshake, embedded in some small talk about the weather or last nights sports results. The conversation made people feel good, feel wanted, not just being anonymous guests. They created a living room. People started talking with them about their personal hopes, fears, issues. The handshake had broken the ice…

In our social web world of today, customer relationship management and social networking become an increasingly important factor to be maintain a successful business within a more and more challenging and competitive world.

Many relationships today begin with a virtual handshake. So you may ask: What is a virtual handshake? Today, it comes in the format of a comment on a blog post, a LIKE on a status update on a Fanpage, an introduction mail inside a social network, or an invitation to join a community (Facebook or LinkedIn or a company specific).

In the offline world, nobody would turn away and not return the handshake. However, in the online world individuals put effort in terms of writing, talking and engaging with companies and brands, making their brand passion transparent, or just opening their minds to “business” (or privat?) conversations. All of that often before having received a virtual handshake with those companies that are reaching out to them via their -often anonymous- social hubs.

By participating in a community or engaging in conversations, customers take the initiative, they state a case and describe an act of will. Companies tend to forget that this is a virtual handshake. “Hello! Here I am! Look what I am telling you…”.

Many companies and brands do not answer. They don’t reply on social networks. They don’t value the hand that is right in front of them waiting. The hand which feeds them and their business. The free opportunity to connect, collaborate, or convert. Lack of time and resources is the killer of many of their social web activities.

My grandparents never forgot to shake hands with people that came to visit their pub. This was their success story. So simple, right…?

Think about it next time you set up a group, start a community or approach someone on a social network (be it via InMail on LinkedIn or a status update on Facebook). Relationships start with a handshake – whether real or virtual. There just needs to be somebody that returns the handshake. For some this might be a change management process, for some it is just natural attitude towards customers…

Criminology and Law Enforcement Officials Using Social Media To Fight Crime

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For years now, the world has become a very high-tech place, and just like with everyone else, criminals are also becoming more astute and coming up with more technological ways to break the law. Ever since the Internet started seeing widespread use, Criminology and law enforcement officials have been playing catch-up to try and monitor all of the offenders that are currently on the web. Now, as social media has taken hold, it seems that officials now have a new tool in fighting crime.

Social media has allowed the world to become interconnected and interface with one another through the digital format of social media. More and more of our connections are going through online forums, but it’s also having the side-effect of keeping track of everything we say. Law enforcement agencies around the country are beginning to realize the power of social media for their own purposes.

Police blogging has become relatively popular lately, and it’s beginning to allow police stations across the country to keep up on the events of the day. Many people are already familiar with the police sergeant sitting at the registry desk, but now a station can keep track of Twitter feeds, blogs, and updates. It offers officials and the public a real-time way to see the crimes that are being committed in their area. These blogs are publishing crimes and arrests and keeping track of the real-world activity through online avenues. This is becoming a very useful tool to keep an open dialogue and exchange of information between citizens and police. Average citizens can also post on these blogs to let police know about what’s going on and it’s quicker than a phone call.

There have been sites where people could go online and see the latest wanted criminals, but now different law agencies are beginning to use Facebook, Twitter, and other social media platforms to update and keep people aware of local criminals that are at large in their area. The great thing about social media is that it’s instantaneous, and officers can keep the public aware of what’s going on up to the minute. This has been done through fan pages as well as local and district specific pages. Their usage has become more fine-tuned over time, and it’s increasing in regularity. It’s another example of how much social media is changing our everyday lives.

Many aren’t aware of the term, but social media stakeouts are becoming a popular tool to find criminals in every background. Some social media advocates argue that this has become a sort of invasion of privacy but police and law enforcement officials aren’t hacking into anything, they’re merely listening in. Whether you agree with it or not, it’s given police the ability to track important information and search real-time for offenders and key words and phrases that are of particular interest. This social media monitoring is a preemptive measure that’s getting a lot of attention. There exists the possibility that these social forums could be abused by officials but there’s no doubt that it has helped them to keep up with the times.

It’s not clear as to how much control different offices of enforcement really have over our personal and social media accounts. There’s been a lot of speculation over Facebook’s complicity in working with companies and governments and sharing personal information. Currently, it’s only through accusations. People are worried about “big-brother,” but it’s essential that we give our law enforcement officials the tools they need, within reason, to combat crime in an evolving society. Otherwise, we could run the risk of giving criminals a better ability to curtail the law and hurt others.

This post is a guest post from the Davenport Institute.

dmexco 2010 – Flashback in Tweets & Quotes

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The main message of the dmexco 2010 can be concluded as follows…

Marketers have to face the fast dynamics of a changing advertising industry. The new topics they will be tackling in the future are predictive behavioral targeting, multiscreen targeting, augmented reality as well as mobile device advertising and … of course Social Media.

Facing the social web challenge, this means marketers have to look for conversation with their clients, whilst still being authentic, honest, human, friendly, open, conversational, responsive. Business relevant topics are not meant to cross their minds such as contact management and generation, quantitative ROI measurement or sales-driven aspects – and I am not even talking of lead nurturing. At least from a social media user-perspective…

Respect to all marketeers who can make this challenge happen in the future!

My flashback…?
Doing the co-moderation of the conference program was a very exhiting and interesting job. It gave me the opportunity to talk to great marketers (Sidney Mock, Spil Games and Manish Mehta, Dell Inc.), real thought-leaders of the Internet industry (Russell Buckley, AdMob Inc. and Tom Bedecarrè, AKQA) and just fabulous web personalities (Harry Huj, Pepsico Investment and Dean Donaldson, Mediamind).

As there was not much time to look around the halls and the booths, I would like to summarize the event with the 10 tweets and quotes that represent the value, the mood and the atmosphere of dmexco from my perspective.

Future
1. dmexco 2010: The vision of the leaders http://bit.ly/bRyrlQ via @MkDirecto

Augmented Reality
2. Never heard of “augmented reality”? Check out the Museum of London case study http://bit.ly/aucZ4Y via Kaizenadv

iPad
3. Study #iPad Effects: “80 per cent use the iPad predominantly at home” #dmexco #research (translated) via tomorrowfocus

Gaming
4. Sidney Mock, Spil Games, counts 650 million online gamers worldwide via dmexco (More gamers than Facebook users…).

China
5. Harry Hui (Pepsico): “Los consumidores chinos se mueven a otro ritmo”. http://bit.ly/czFA8x via lpittol85

Social Media
6. Great interview with @ManishatDell (my boss) about the value of social media for #dell from the dmexco conf. http://bit.ly/9pjxaF via DennisMSmith

Facebook
7. Joanna Shields: “Marketing develops from a one night stand towards constant connection and ongoing conversations.” #dmexco #Facebook via dmexco

Mobility
8. Dean Donaldson shows the relativity of the mobile progress, reading out a SMS he received during the Mobile Debate. It tells him how expensive roaming is and explains how ISPs limit mobile opportunities like in the AOL age some years ago.

Future Media
9. The future of the media is mobile. Shame *none* of the world’s design/PR agencies have realised: http://cot.ag/dolCIO via Adam Westbrook

Summary
10. Tom Bedecarré, #AKQA, is excited about #dmexco: “What a high energy event with so many people!” via dmexco

Spot On!
After sharing my view, I would appreciate to get your ideas and thoughts. What did you think of dmexco 2010? How did you like the conference program or the debate hall concept? What was positive and negative? Did any of you use the blogger lounge? If so, what did you like or miss? Looking forward to your feedback…

PS: Next dmexco?: Cologne, September, 21. and 22, 2011 !

Foto Credits: Horizont

News Update – Best of the Day

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About a year ago, a Robert Hall study showed that 55% of CIOs don’t allow the access to social networking sites like Facebook and Twitter. This year’s study shows that the IT policies are changing to stricter guidelines…
– 38% have implemented stricter social networking policies regarding personal use of social media sites
– 15% have become stricter regarding business use
– 17% have become more lenient

Strategy& published its “Marketing Media Ecosystem 2010” report which sees a significant necessary change away from a “traditional marketer/client – agency – media company structure” to an economy that needs to change the pace of adopting new marketing tools towards a new marketer to end user relationship.

The key findings show the relevance of reference marketing…
– 88% agree the speed of marketing execution will become more important due to digital
– 80% believe insights into consumer’s digital behavior and related targeting will become more important
– 55% of users see consumer recommendation more important than pur brand knowledge
– 59% lack sufficient experience with digital/online media
– 51% do not have adequate senior support for digital

This commercial from Jack Rabbit Beer might be made for male humor. But it is more the chronology of the narrative time that makes it funny.

Are contextual social media creatives a good idea?

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Today, an agency friend of mine (who is not on Twitter or Facebook) send me a link to a contextual ad campaign she found at the Eyeblaster Creative Zone. The ad is from Vodafone Italy and promoting their 360 degrees campaign. It is an experiment which reminds me of this year’s Volkswagen attempt.

So, what is happening in this campaign?

Interaction 1: Once you click the banner, the ad expands and you can connect to Twitter or Facebook inside the banner…

Social Media Creative 1

Interaction 2: The banner app takes out your surname and creates a nice picture of it by using all your Twitter friend pictures.

Social Media Creative 2

Interaction 3: With a mouse-over, you can see the latest Tweets of a specific followers.

Social Media Creative 3

The final click leads you NOT to your friends account but to the landing page of the Vodafone 360 campaign. That’s it…

Spot On!
Now, we could discuss about the creative idea, or the stickiness value or “clickiness” factor. Or we could talk about the fact of the staying time and branding factor… and who “wins” customers with such banners in the end – apart from amusing them for a while.
When I saw this campaign for the first time I was disappointed as I thought I will be coming straight to the follower’s page – but had to realize that this is a campaign and follows some different purpose. It’s marketing, it’s a campaign and the old commercial approach. No conversation – limited engagement.

And now I am asking myself where the benefit in such creative campaigns is – for the user and the advertising company.

What do you think?

PS: If you want to test the interactive banner, please visit the Eyeblaster Creative Zone.

News Update – Best of the Day

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daily1Sponsorships on retail sites are more likely to convert into sales than clicks on organic search engine results… and visitors will spend more. This is what a new study by Engine Ready.

Another breaking deal is done! Facebook buys Friendfeed… and by doing that also a great real-time search-engine. Twitter refused a deal with Facebook some time ago and said ‘No!’. Now the question is if this was a strategic mistake? Or if their amangers hope for Google to buy Twitter. The future will tell us more…

As usual a very cool commercial video on ‘drugs and driving’ (just in German available but still easy to understand for the world)…

News Update – Best of the Day

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– Die Telekom hat große Pläne im Internet nach Angaben von Ralf Bauer, Senior Vice President Portal der Deutschen Telekom. Gemäß des Sponsorings der Fussball-Bundesliga will man auch im Internet stärker am Ball bleiben. fussball.de soll die führende ‘Kicker’-Seite in Deutschland werden. Die Vergleichswerte: kicker.de 170 Mio. Page Impressions (laut IVW-Online) – fussball.de 114 Mio. Page Impressions (laut Vermarkter Interactive Media). Das nennt man ein Challenge! Kachelmann soll es übrigens mit seinem Meteomedia AG als Wetterdienst bringen und ein noch nicht benanntes Frauen Web-Magazin wird gelauncht.

– Sind Social Networks auch zukünftig reine Kommunikationstools zu sehen? Werbefreie Zonen wie die Inbox? Laut einer IDC Studie ist dies vorerst zu befürchten. In den USA nutzen 75% der User mindestens einmal in der Woche und 57% täglich Social Networks. Dort verweilen dann 61% pro Session rund 30 Minuten. Eine lange Zeit…, in der aber nur 57% auf die Werbeelemente klicken – im Vergleich zu 79% aller Internet Konsumenten. Sieht so aus, als ob Social Networks sich langsam neue Monetarisierungsideen überlegen müssen, wie Sie Geld machen wollen. Ideen gibt es hier (für Facebook und Myspace) und hier (Twitter) ja schon. Sonst muß man weiterhin live zusehen, wie Mitarbeiter bei Twitter entlassen werden…

– Wikis in Unternehmen bündeln und fassen Firmenwissen an zentraler Stelle allen dafür vorgesehenen Mitarbeitern zugänglich zusammen. Sie vereinfachen die Arbeitsprozesse, die auf Projektmanagement und Collaboration basieren – intern wie extern. Alexandra Graßler wurde zum Thema Wikis in Unternehmen informiert und verweist auf einen interessanten Artikel.

News Update – Best of the Day

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– Dass deutsche Unternehmen nicht die ‘experimentierfreudigsten’ sind, lässt sich allein daran absehen, dass viele Unternehmen weder dem Social Media Trend folgen noch auf Micro-Blogging Diensten große Aktivitäten zeigen. Warum deutsche Marken bei Social Media Marketing zu ängstlich sind, erläutert David Nelles und zeigt anhand eines Beitrags von Lee Oden, wie Unternehmen eine gute Social Media Kommunikationsstrategie aufbauen können.

– CHIP Communications GmbH launcht demnächst eine Plattform mit den 10 besten Tipps zu allem, was man sich nur denken kann: z.B. die 10 besten Weine unter 15 EUR oder die 10 besten Tips zur Unsterblichkeit. Schon jetzt macht der Verleger die Leser auf das Portal mit einer guten Launchseite heiß. Bezeichnenderweise ist am 10 Dezember Start und man darf schonmal durchs Schlüsselloch schauen…

– Das mobile Web macht sich auf, ein Massenmedium zu werden. Eine Gruppe von amerikanischen Experten für mobiles Marketing haben sich bei einem Panel Gedanken gemacht und Erfahrungen über Best Practises ausgetauscht. Herausgekommen ist keine ‘mobile Religion’, aber eine kleine Guideline ‘Best and Worst of the Mobile Web‘.

Company Reputation & Monitoring

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Im Sinne des Reputation Managements müssen Unternehmen heutzutage wissen, welcher ‘Buzz’ im Web über sie und den Mitbewerb geschrieben und diskutiert wird, sowie welche Informationen ausgetauscht werden.

Um hier den Anschluss nicht zu verpassen, gibt es zahlreiche Plattformen (siehe Bild), die das ‘Monitoring’ einer Person,eines Brands, von Produkte, des Mitbewerbs und der extrem dynamischen Social Media Welt ermöglichen. Marketing Pilgrim hat diese in zwei Post zusammengefasst. Hier die übersetzte Zusammenfassung in Kurzform…

Die bekanntesten Monitoring Tools
Amazon: Neu und gefragte Produkte via ‘tags’ beobachten und dann ähnlich ‘tags’ beobachten. Gut für Produkt-Management und Entwicklungsteams…

Blog Comments und Backtype: Die Kommentare auf Blogs zu verfolgen, ist schwierig und aufwendig. Auch wenn ein Post positiv ist, kommt er gerne auch mal als negative Nachricht rüber. Über diesen Service verfolgt man die kompletten Kommentare. (RSS-Feed!)

Blogpulse – Conversation and Trends: Links von und zu Blog Posts sowie Key-Word Tracking auf Blogs.

Delicious: Online Bookmark Service, der Bookmark-Sharing ermöglicht und zeigt, wenn jemand ein Bookmark setzt, welches ihre Firma beinhaltet -am Beispiel iPhone.

Digg und Reddit: News, die beliebt sind, machen hier das Rennen und wer den RSS-Feed eingestellt hat, folgt den Nachrichten über die eigene Firma.

Flickr: Mitarbeiter veröffentlicht ein ‘Top-Secret’ Produktfoto? Foto von Top Manager im Bordell? Wenn der Firmenname auftaucht oder der Name einer Person, zeigt der RSS-Feed das an.

Google News: Nennungen ihrer Firma im Main Stream Media Konzept. Firma eingeben, sortieren der Ergebnisse nach Datum und dann RSS Fed aktivieren.

Google Blog Search: Die Bloggosphäre ist aktiv und Google Blog Search bildet meistens alles ab, was in der Social Media Welt ‘pingt’. (RSS-Feed!)

Google Patent Search: der Name ist Programm – wer seine Patente schützen und den Mitbewerb beobachten will.

Google Alerts: Kein RSS Reader-Liebhaber? OK, dann eben per Email alle Informationen rund um Firma, Produkte, etc. tracken und in die Mailbox bekommen.

Google Trends, Trendrr und Trackur (letzterer kostenpflichtig): Was sind die meist gesuchten Keywords? Sogar auf Länder und Städte eingrenzbar…

Technorati und Brand Mentions: Alles,was sich in der Social Media Welt und Bloggosphäre abspielt, lässt sich hier schnell finden – auch, wer Backlinks setzt…

Twitter: Wer die Suchmaschine von Twitter nutzt, kann sein Brand, Produkte, den Mitbewerb usw. bei seinen Twitteraktivitäten im Auge behalten. Für die RSS-Hasser gibt es alternativ TweetBeep.

Wikipedia: die glaubwürdigste Wissensadresse im Web. Was wird an ihrem Profil verändert oder jemand versucht, zu ihnen führende Links zu entfernen? Der RSS Feeds meldet sich…

Yahoo News and Moreover News: Schneller Firmen-, Mitbewerbs- und Branchen-Nachrichtenüberblick mit RSS-Feed Modell.

YouTube und MetaCafe: siehe Flickr auf der ‘Videoebene’… – am Beispiel ASUS

Weitere nützliche Monitoring-Tools
Boardtracker: Blogs spiegeln nicht immer die hochwertige und hintergründige Kommunikation – Foren und Message Boards schon eher. Wenn ihre Firm ain einem Thread genannt wird, kommt die Nachricht per RSS.

Compete: Suchanalyse hinsichtlich von Keywords – auch um den Mitbewerber und seine Strategie auszumachen.

Edgar Online: Wie steht es finanziell um den Mitbewerb (eher USA)?

Facebook Lexicon: Auf dem derzeit angesagtesten Social Network können Sie checken, welche Key Words auf Facebook verstärkt genutzt werden. Keotag: Wer nutzt welches Tag. Cool ist es vor allem, wenn man Firmen findet, die ihre Firma und ihre Produkte taggen – oder gleich zahlreiche Firmen sieht, die die gleichen Tags nutzen.

my ON-ID: Für das Business entscheidend, ist ihr guter Ruf hinsichtlich ihrer persönlichen daten im Netz, den die Plattform regelmäßig ‘monitored’ – mit dem netten Nebeneffekt des Eigenmarketings.

oodle: Falls der Mitbewerb an die Mitarbeiter will, findet man hier die Stellen der Personen auf die man selbst besonders achten muss.

Seeking Alpha: Der ‘Lauschangriff’ via Conference Call Transkripten bei Aktiengesellschaften…

upcoming.org: Hinsichtlich Veranstaltungen auf dem Laufendem bleiben. Beispiel: web strategy

User Name Check: Auch wenn man nicht weiß, was man damit tun, aber den Usernamen sollten man haben.

Spot On!
(Fast) alle Monitoring-Tools sind kostenfrei! Welche für das eigene Business sinnvoll sind, muss jeder selbst entscheiden. Auffällig ist, was man mit Google alles machen kann (und was Google damit alles monitort)…