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Recommended CRM Readings

  • C. K. Prahalad: The Future of Competition: Co-Creating Unique Value with Customers

    C. K. Prahalad: The Future of Competition: Co-Creating Unique Value with Customers
    This is great stuff on co-creation of value. Take this book, mix it with The Experience Economy, a dash of CRM at the Speed of Light and the future is ours, man!!! (*****)

  • B. Joseph Pine II & James Gilmore: The Experience Economy

    B. Joseph Pine II & James Gilmore: The Experience Economy
    This is a groundbreaker, folks. One that you should be reading right now. Go. Shoo. Go get it now. It is affecting you as you read this, whether or not you know that. Seminal work on what has been a transition to a new type of economy. (*****)

  • Christopher Locke, Doc Searls, David Weinberger, Rick Levine: The Cluetrain Manifesto

    Christopher Locke, Doc Searls, David Weinberger, Rick Levine: The Cluetrain Manifesto
    If this book didn't spend so much time proclaiming its manifesto and explained it a little more, it would be a disruptive innovation unto itself. It is a powerful and often metaphorically lovely book about the new customer a few years before that customer even knew it was what the cluetrain crew train said it was. A great book but strident as hell. This was a more important book than many realize it was. Or is. (****)

  • Naras Eechambadi: High Performance Marketing

    Naras Eechambadi: High Performance Marketing
    If marketing is something you do, then this book is something you read. Not only does this dynamic book look at marketing in a contemporary fashion - with the customer at the center - but it also helps you figure out how to (finally!) measure your activities and results. A genuinely refreshing brace of business thinking in a field that needs it. (*****)

  • Shoshana Zuboff: The Support Economy

    Shoshana Zuboff: The Support Economy
    This is a revolutionary book. I love this book (partially because it validates everything I say :-)) because it recognizes that the "enterprise logic" of managerial capitalism is no longer sufficient to interest a consumer who is trying to control his/her own value. There's so much more.... (*****)

  • James G. Barnes: Secrets of Customer Relationship Management: Its How You Make Them Feel

    James G. Barnes: Secrets of Customer Relationship Management: Its How You Make Them Feel
    This is a you gotta read, read. Jim is a board member of CRMGuru, has won numerous academic honors, is a real world CRM consultant, runs marathons, and can write up a storm. He thinks out of the box and then provides approaches to how you can. This book is undegoing updating but is well worth it as is. Get it. Now. What are you waiting for? Hurry up!! (*****)

  • Jill Dyche: The CRM Handbook

    Jill Dyche: The CRM Handbook
    The ultimate guide to implementation of CRM. This book is about as practical as it gets. Just lays it right out and boom, you should have an idea of what you have to consider when it comes to CRM. (*****)

  • Paul Greenberg: CRM at the Speed of Light

    Paul Greenberg: CRM at the Speed of Light
    This is the best book on CRM EVER written. So I say. And it is written by me and so I pass judgment on myself. (*****)

  • Donna Fluss: The Real-Time Contact Center

    Donna Fluss: The Real-Time Contact Center
    As Donna points out, this is an ironic title. All contact centers are already "real-time." None the less this is both cutting edge and definitive and reading it is a must (*****)

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January 02, 2007

CRM 2.0: Firing the First (Hi-Tech, Customer Collaborative) Cannon

BOOM!!! BOOM!!! BOOOM!!! BOOOMMMM!!!

Okay, consider the guns for CRM 2.0's first volley to have been fired. I've begun to develop a working definition of CRM 2.0 that I'll use in all my classes and writings and teaching and speaking and consulting and though leadering and blabbing and yapping and babbling this year and subsequent to replace my solid but a little rusty original CRM 1.0 definition. I'm asking for input to both make it less awkward, more poetic and more content rich and I'll attribute those suggestions I use to improve it. Keep in mind, if I truly DO have any influence in CRM, and there are those who think I do (though I'm not among them), then what you tell me can make a difference. In fact, I'll pledge here and now that the final CRM 2.0 definition will become the industry watchword if I have ANYTHING to say about it at all - so choose wisely, well and poetically.

First a reminder of the now rusty, but still very serviceable classic:

"CRM is a philosophy and a business strategy, supported by a system and a technology, designed to improve human interaction in a business environment"

Now, the working model:

"CRM 2.0 is a philosophy and strategy for collaboration with customers through the provision of tools, technology, processes, culture, products and services, with an eye to providing experiences that will create appropriate value for all parties involved."

"CRM 2.0 is a philosophy and a strategy for collaboration with customers to provide mutually beneficial value using aggregated tools, technologies, processes, products, services and a culture that leads to the creation of advocates."

Both of these are incomplete and both of them lack poetry. In other words, while they show some intellectual heart, they still suck. I need to complete them, which means provide missing content and make them more linguistically elegant than they are. All in one - maybe two - sentences.

I need help. Please send me suggestions as to what I might add, or how I might say it. This should be a community based thing. I'd like to come up with a completed definition by the end of January at the latest - based on your suggestions I hope.

I've created a wiki for this so you can work off of my two definition or create an entirely different one on your own. Ultimately, I'm going to choose a final version and use that from hence forth. Anyone who aided me directly in this process will be listed here with their permission of course as a contributor to this new definition and to any single link they'd like me to link their name to.

The wiki uses ZohoWiki as the source wiki.Zoho is a company that totally intrigues me because as salesforce.com and NetSuite begin to move up-enterprise, Zoho, which has a productivity suite, social media tools and a CRM (at this point salesforce automation) service - web-services based at a free or reasonable price, their potential to fill the holes that our SaaS buds might leave is mighty.

In the meantime, they are my wiki site tool. I'm a little awkward yet on all of this so bear with me. To become part of the group that will have permission to work on the wiki, please pop me an email with your name, email address and whatever affiliations you want me to know about (which can be none) and request to be part of the definition group. I'll send you a notice that you'll have to accept and voila you can be part of the group. I'd rather do onsite registrations for the wiki, but reality is, I can't find the option to do that so this slightly awkward procedure (which will have to be modified incidentally or my stupidity corrected) will have to do for now.

My email is paul-greenberg3@comcast.net. Click on it so I can get you moving.

The wiki name is Defining CRM 2.0 - A Customer-Friendly Wiki. Once you're registered log on and go to it. I've set up a page to work with the first definition, another for the second definition and a third to provide brand new definitions, ideas, commentary etc. They can be on any pages. PLEASE work with me on this. Consider this a community effort. I may or may not use all the suggestions but all participants will be thanked with permission do so. The direct hyperlink is http://crm20.wiki.zoho.com/.

Let's bring it so we can start pushing CRM 2.0 - the right way. Nuthin' wrong with standards is there?

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Comments

It is like the saying, if at first you dont succeed, try, try again. I do believe that CRM 2.0 is going to be the trendof the future.

Paul

I have to admire your boundless energy. And insight.

This is a very important discussion. Whether you call it CRM2.0, Customer Co-Creation (CCC) or something else, opening up the company for customer-driven business is going to become increasingly important. It is the business 'third estate' so to speak. CRM2.0 is the future of customer business.

Please sign-me up. You know my details.

Graham Hill

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