I wrote a new Time Inc Op-Ed (sharing below) on the NFL and Goodell because it’s so clear that if an organization’s leadership is found by the online community to …
Watching HP Board Situation is Like Watching a Slow Bleed-Out
The New York Times Saturday quotes Patrick McGurn, special counsel for Institutional Shareholder Services (ISS), who states that “shareholder efforts to remove directors in uncontested elections rarely succeed or come …
TEDxNewEngland Talk – Nilofer Merchant on Inclusivity
How would you reinvent business, reinvent America, or reinvent the world? This is the question I was asked to answer a few weeks back for a #TEDtalk. TEDxNewEngland’s event was …
Must-Read Weekend Reading
2 Consumer (Hourglass) Markets “P&G isn’t the only company adjusting its business. A wide swath of American companies is convinced that the consumer market is bifurcating into high and low …
Stop Blaming the Systems
The next time a customer service rep says, “The computer won’t let me do that” or “The system tells me what to do,” remember this: Behind every such phrase is …
5 Opportunities in ECommerce (Trend)
I’m an insane online shopper. Online wins over in-person for several reasons. One is research based; if I pick well, I only need to pick a few things that last. …
Trend to Watch: Mobile Payments
Starbucks has become that much more convenient. Today, the NYT showed us that we can use our phone to buy coffee. No more carrying your wallet, and your phone. At …
Lifetime Opportunity Value Equation (LOVE)
One of the challenges with a qualitative process framework like the LOVE model is that it is hard quantify all the benefits, especially during the initial stages of adoption. The latest McKinsey Global Survey looks at the business benefits from Web 2.0. Operationalizing the LOVE model in practice leverages many aspects of Web 2.0, so the McKinsey data is perhaps the most relevant data we currently have for this type of approach.
Fill Your Company with LOVE (Framework)
As companies see increasing value in social media campaigns, it is becoming apparent that the transactional-centric models currently used for tracking and measuring marketing campaigns are not up to the social media challenge. With social media campaigns often focused on brand building and driving engagement, the tools used to measure the impact on sales and brand are ill-suited to accurately measuring the full impact and value of social media campaigns.
The buying or sales funnel that has served marketers well for many years no longer works in an environment now centered on two-way and unstructured communications. A new framework developed at Rubicon Consulting, Inc., building on ideas originally conceived by Harry Max, offers the relationship-centric LOVE model as a replacement–and enhancement–for the transaction-based buying funnel.
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