Quantum Cosmic Channeler is about bringing one’s full authenticity and entire awareness to leadership in multi-dimensions. More than mindful, conscious or intuitive leadership, we come from the heart and shift from task to people, process to creativity, career to purpoe and open up to true potential. By building on the foundation of trust, care and personal development, we create a culture of expansive influence. The end result is exponential growth for the individuals, leader and organization.
Showing posts with label analytics. Show all posts
Showing posts with label analytics. Show all posts
Monday, 11 June 2018
The Race for Speed and Performance with Artificial Intelligence
Monday, 26 March 2018
Challenging The Uber Syndrome
Just yesterday, Grab announced its acquisition of Uber
across South East Asia. Uber customers received notification that the Uber app
will cease operations on 8th April in Singapore. While many bet on the winners
and losers, one thing is for sure – the industry disruption continues.
Uber's Innovation To Success
Uber is synonymous with innovation and cross-industry
disruption. When Uber surfaced in San Francisco in Mar 2009, it created a
massive transformation in the transportation industry.
Taxi companies no longer had monopoly of the business of
transporting passengers. People could find peer to peer ride sharing, deliver
and transportation via an on-line app. It offered convenience, transparent
pricing and better service as the nearest drivers could be alerted saving time
and passengers can track where the drivers are for visibility and safety.
People found employment and free-lance opportunities to make a living that was
convenient to their timing and location too.
The Uber Syndrome
Today, we use the term “The Uber Syndrome” to describe industry
disruptions “where a competitor with a completely different business model
enters your industry and flattens you.” This is a powerful quote from Judy
Lemke, CIO of the Schneider Trucking Company. And growing meteorically from
sheer entrepreneurship!
In the past, strategic change and management consultancies
talked about business model optimization and creating viable independent
business models. I studied my Masters of Business Administation and wrote my paper
on the Viable System Model from Professor Stafford Beer who revolutionalized
the Chile economy.
That was great and is still used today in corporate
restructuring and optimizing organizational efficiency. On top of that,
executives now need to worry about competitors with new business models, who
arise from outside the recognized landscape of traditional competition.
New Competitors That Aren't Classified As Competitors
IBM Institute of Business Value conducted the world’s
largest Global C-Suite Study among CEO, CFOs and CMOs, the words
"Uber-ized", "Uber-ization", "Uber Syndrome" and
"digital invaders" were among the top concerns. The most striking
quote from all the quotes collected from the executives - that is typical of
what keeps executive awake at night is “The
biggest threat is new competitors that aren’t classified as competitors”.
An executive from the study told us that he spends much of
his time surveying the landscape of everything that is happening, constantly
trying to apply his judgment to decide whether something is just a passing fad
or hype that can be safely ignored, if it is a serious trend that needs to be
addressed in a timely way, or if it is a tsunami that threatens to rise up and
wipe you entirely off the map. Those are the worries that are causing top
corporate executives to lose sleep these days.
Then there is the issue of competition across industries –
or to put it another way, the blurring of lines between industries, and the
threat of new, non-traditional forms of competition.
Whoever Dominates Data Science Wins
In fact, a full 54% of retail executives we talked to said
that they expect competition from outside the industry to be more significant
and impactful than competition from within the industry over the next several
years.
More so than ever, data science plays a critical role to how
executives can stay ahead of the competition. Our team at Systems on Cloud at
Asia Pacific work daily with executives on cognitive computing, analytics, big
data and artificial intelligence to power their journey ahead. For those
new to Artificial Intelligence, we offer a discovery workshop where they can
understand what it takes from data, resources and skills to embark on this
journey.
Whoever dominates the data science wins.
#uber #uberized #ubersyndrome #grab #datascience
#cognitivecomputing #artificialintelligence #ibmpower #powerAI #bigdata
#analytics #disruption #industrydisruption #systemsproud #annephey #leadership
#CEO #businessstrategy #innovation #competition #management
Credits: Blog photo from Grab advertisement.
Wednesday, 25 November 2015
Marketing Creates And Captures Markets
We recently won a Global Innovation Award for our Asia Pacific efforts to grow and capture the market. It was a recognition of marketing in our true profession of strategy, management, multi-channel and integrated marketing across content, social, digital.
Code named CAMP (Create A Market For Power), marketing lead the initiative with understanding the market dynamics, being creative to develop a programmatic approach, daring to do things differently and making an impact to the business.
It helped us achieve several consecutive quarters of year on year growth. Here is the story of how marketing led the way to this transformation.
IBM Power Systems in Asia Pacific is the market leader in the Systems of Records for IT infrastructure requirements. With the shift in infrastructure consumption to solutions for big data, , we needed to take a hard look at our business to assess what we needed to do differently to win. We started by understanding more about the market place.
Understand The Market. Use Analytics.
The market had developed besides Systems of Records to Systems of Engagement, Insights, etc. This new area was a fair fight with many market players who were trying to make the shift. We assessed our position of power, who we needed to work with to extend into the new solution areas and what was needed for the shift. This was done by using analytics, social and other listening.
Appoint Champions. Lead The Business Plan
Within the business, we needed champions who could prioritize and focus on the growth areas. The champions were needed to pitch the propositions, drive capabilities and align resources. We then mapped out the business and marketing priorities and what the game plan was. Resources included budgets, facilities and people across sales, technical, marketing from both internal and external.
Develop The New Approach. Make It Simple.
We clearly defined the business problem as “How do we generate revenue for Brand with Who for What Solutions in Where". The plan included considerations for conditioning the market, recruiting key players, training to develop skills, developing joint go to market, creating the market demand and generated business opportunities. The approach had to be systematic and scalable, easy to understand and execute, convincing for investors and worthwhile for the time and effort spent.
Choose The Battle Field. Define Success
We chose to test the approach in a region where the opportunity was the largest but adoption was the lowest and in another region where adoption could match up to the pace of the opportunity growth. The approach yielded great results against the targets. In the first market, we grew our revenue by over 400% year on year. In the second market, we achieved grew almost 200% of our target.
Determine Success Factors. Learn As You Go.
Through this initiative, we learnt that there are critical success factors that made a significant difference.
- Quality over quantity: creating an impact helps to then ramp up the volume
- Standardize and simplify: making things easy to speed up go to market.
- Leveraging others' ability: Each party is better positioned as advocates and have greater influence to their segments, and it would greatly accelerate the results where we can overcome resource or capability limitations and creates self-sufficiency
- Ownership & team work: Strong collaboration across each activity phase across the various stakeholders is crucial. Often, one of the team members will just step up to lead beyond their role to ensure success.
- Integrated marketing: A 360-degree engagement is required - internal and external communications, digital and off-line, business and technical, social and content, etc.
Marketing truly creates and captures the market. While this winning initiative is being replicated across the business. The principles of how marketing can lead in business transformation can be applied to what we can create to make a difference.
This is the awesomeness of marketing!
Monday, 27 April 2015
B2B Content Strategies: Content is the heart.
It was a great gathering with a couple of panel speakers in "B2B Content Strategies: Lessons From The Trenches" with the world of content creators, aggregators, clients, agencies and communications professionals.
Catch the interview: http://youtu.be/S0RJN6AIUUM via @YouTube
Here are some of my thoughts:
1. Understand B2B Content World. In the B2B world, targeting different job titles, industries, roles in decision making process, technical jargon and technology life cycle make content seem more complex than B2C. However, if you think about it, the same targeting, segmentation and consumption patterns is studied and applied. Your target audience is human too.
2. Segment with precision. I am known as a guru of segmentation using analytics to better understand my customers and potential customers. The reason why the marketing programs that are run by my teams are so much more effective is the precision of message and approach based on segmentation.
3. Content can drive ROI. We have done such a great job in delivering pipeline for the business that sales believe in the power of marketing in lead generation. Demonstrating return on investment still remains an important part in getting budget and resources to focus on content.
4. Content is the heart of persuasion. Today, there is a lot more content in multiple forms but are they the right ones? Content is the heart which transmit the right messages at the right time to the right person. Content is about how we can engage someone to develop a deeper relationship with the customer.
In the B2B world, we need professionals who are willing to invest time to understand the portfolio and pitch the appropriate content mapped to the customers' journey.
Here are some of my quotes:
“To break through the content clutter is to really understand customer and then bring the right content"
"What do love and dating have to do with B2B content marketing?"
“Ultimately, when it comes to convincing internal stakeholders of the investment, IBM Asia-Pacific’s Director of Marketing for IBM Power Systems, Anne Phey, suggests “showing that conversion rates and revenue” are increasing over time.
It may even be a case of sitting down with the business leaders and CFO to explain what marketing does, how conversations on social media help us gain insights on customers and content trends, how online activities such as web traffic, downloads, etc are monitored against targets, as well as showing the opportunity pipeline for conversion to wins.
Adds Phey: “Our business leader understands that content doesn’t have to generate revenue straight away. It’s like having a relationship. You’ve got to start dating and wooing the prospect before he becomes a customer. As of 2015, we’ve appointed content marketing managers. That’s a breakthrough for us.”
Read more from Gracia Chiang's at
http://www.kingcontent.com.au/creating-emotion-in-b2b-content-marketing/
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