Agile commerce – the new big strategy?
Posted by Peter Dickinson
The term agile manufacturing has been around for some time as manufacturers have had to develop ways in which to react faster to changing customer demands in a lean and efficient way. The digital media revolution means that organisations of all types and sizes need to be agile. This means being available at the right time, at the right place with right product. Digital media means anything digital to do with the way your organisation interacts with your customers. The result is that Digital Media enables customers to have many more ways to interact with your business. The term “customer touch points” is often used to describe the points in your organisation where the customer interacts with you. Agile organisations track, measure and improve these touch points and so no matter how customers interact with you through whatever medium they have a great experience. For this to happen your organisation needs to be customer centric. All your processes and systems must allow for a seamless customer journey from enquiry to payment to post sales support.
Your business strategy needs to reflect this.
You need to look at new technologies and ways of working and try to identify how your customer base might adopt them and see how this will impact on the way you business.
From my research to date a lot of senior management are ignoring the trends in social media and mobile applications. For some this will be okay, however, a number of organisations are now getting first mover advantage as they start to see the benefits and so for others it will be terminal.
Social Media, Facebook, Linkedin, Twitter, Google+ are the key social networking sites. They are maturing quickly and there is a lot of change still to come. It is clear that as they move into being mobile applications that can be accessed anywhere, anytime they will really start to become part of our lives as they can be used to fill spare time whilst waiting for public transport, watching TV, chilling out, sourcing products and services etc.
Digital Media is not just Social Media. Digital Media is about connecting digitally with your customers and more organisations are embracing it to gain competitive advantage. These days most of your life can be managed on the web from managing your finances, managing your gas and electric, ordering a prescription, dealing with HMRC, Companies House etc. Organisations are deriving significant gains by allowing customers to do things for themselves and only having to provide support when they get it wrong.
So at your next strategic review you need to consider how can you make your organisation more agile and therefore more customer centric?
About Peter DickinsonPeter Dickinson is an experienced chair, director, high growth business coach, facilitator, interim, marketeer, customer services champion, project manager, change management consultant and advisor and has worked with over 300 companies helping them develop a systematic approach to growing their businesses. Working with companies as a chair, high growth business coach, facilitator or interim, Peter will help crystallise the vision, rationalise strategy, identify the most cost effective routes to market including the development of new products, develop a consistent sales approach, champion customer service, streamline processes and identify key performance indicators to help drive the business to meet the goals of the main stakeholders. Peter Dickinson is working with Vistage International to set up two CEO peer group advisory boards for CEOs and Managing Directors in the North West, UK. If you are a CEO or Managing Director of a company with £5 million or more turnover and are open to new ideas, keen to develop your leadership skills, willing to help others and take action yourself then you would benefit from being a member of a Vistage CEO Peer Group. Vistage members on average triple their company rate of growth after joining. If you are based in the North West and are interested in finding out more, call Peter Dickinson on 0845 053 7417 and he can call in for 20 minutes to exchange information of what you can expect from being a member of a Vistage CEO peer group. There is no sales pitch the group has to be right you and you right for the group. LinkedIn: www.linkedin.com/in/e4abusiness (Open Networker) Twitter: www.twitter.com/Enterprise4all Facebook: http://www.facebook.com/KUB.LTD All Social Media Profiles can be found at: http://xeeme.com/peterjdickinson
Posted on July 26, 2011, in Business Strategy, Digital Marketing, Digital Media, Digital Media Strategy, Grant_Funded, Leadership and Management Development, Profit_Improvement, Project Management and tagged business_strategy, cloud_systems, development, digital_marketing, digital_media, digital_media_strategy, free_social_media, project management, work_anytime, work_anywhere. Bookmark the permalink. Leave a comment.