Laurence Buchanan

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Laurence Buchanan

Laurence Buchanan

Capgemini
Disclaimer and disclosure - I work for Capgemini leading CRM and Social CRM business development in the UK and was previously VP, CRM at SAP. However, this is a personal rather than a corporate blog. My opinions reflect my own views rather than necessarily those of my employer. I carry no vested interest in any particular technology. For a full look at my background please feel free to view my Linkedin profile which contains full information on my previous roles.
  • 0 comments 413 reads
    Posted on 2012-02-03

    Last night I had the pleasure of presenting at a Keble College alumni event for entrepreneurs. The main focus of the event was for alumni entrepreneurs to showcase their start-ups and it was great to see the success of start-ups like Bulldog (Simon Duffy) and Mobank (Ben Carswell). I really have a huge amount of respect for entrepreneurs who have thrived in such difficult economic times.

    Not being an entrepreneur myself, I had to take a different tack in my presentation. I focused instead on describing some of the market themes and opportunity areas that I see for businesses.  Notes from my presentation are as follows.

    BB – over the last 10 years we have seen the mass roll-out of broadband connectivity. Slow dial up lines have given way to fiber-optic superfast broadband, which in turn will be replaced by even...

  • 0 comments 489 reads
    Posted on 2011-12-19

    Note - I originally posted a short version of this post in July.

    The last 5-10 years have been characterised by a communications revolution. During that time we have seen the mass roll out of broadband and mobile broadband, an explosion of new hardware devices that tap into that connectivity and an explosion of software-as-a-service (SaaS) solutions, apps and social networking sites that have transformed the way people interact with data and processes. Together these changes have given users unprecedented access to information and connectivity to peers, transforming the way we complete tasks and transforming many different types of relationships from consumer to employee to supplier. Fundamental human behaviors may not have changed much – we...

  • 0 comments 686 reads
    Posted on 2011-09-25

    I despair when I hear people trying to “schedule a viral marketing campaign” into their marketing calendar, “build a community site in order to deflect calls from the contact center” or “do a bit of co-creation” to improve their products. Of course, marketing campaigns can go viral and of course online support forums can reduce customer service costs; but you can’t take the company benefits without giving customers the benefits that they want. You can’t have your social media and community cake and eat it.

    The most dangerous use of social media & community is that which tries to apply old thinking to a new technology. It’s very easy to look at the benefits of social media and community from the company’s perspective and try and implement product reviews and ratings to generate “positive buzz” or an ideas site to generate customer-driven ideas. The temptation is to then believe that somehow implementing these capabilities alone makes the organization social, customer-...

  • 0 comments 713 reads
    Posted on 2011-07-03

    The words “but of course CRM is not a technology” prompted a collective sigh of relief from the audience. The speaker hadn’t fallen into the trap of committing the ultimate CRM sin and assuming that CRM technology could fix a business problem. The room was wise to mistakes of first generation CRM.
    I remember many moments like this, listening to vendors speak at conferences for example, pitching their products before inserting the appropriate “CRM is not a technology” caveat. Over the years I’d like to think I’ve had a fairly balanced view of what CRM technology can deliver and the importance of investing in complimentary capabilities like customer vision & strategy, people & change etc. (see my posts on “Software doesn’t build relationships, people do” or “the emperor’s new...

  • 0 comments 801 reads
    Posted on 2011-05-30

     I often meet with clients who want to kill two birds with one stone; reduce customer service costs, whilst also increasing customer satisfaction. Many technology-centric CRM programs of the past did not share these aims. They attempted to design solutions inside-out from the company's perspective, rather than from the customer's perspective. In many cases these programs tried to control the customer; for example defining the channels that the organisation made available for customer service requests. In a drive to reduce customer service costs, expensive human interactions were blocked from the customer by customer service numbers hidden away on a little known web page, multi-level IVRs, voice self-service solutions, chat-bots and lists of online FAQs. In the main these solutions were designed to benefit the company, keeping customers away from call centre agents and therefore reducing costs but not necessarily improving customer satisfaction.

  • 0 comments 999 reads
    Posted on 2011-05-18

    I've been thinking recently about what comes next after Facebook and Twitter. I looked at interesting initiatives like the Future of Facebook project but I also realised pretty quickly that for the majority or organisations the reality is that thinking about what comes next after Facebook and Twitter might be entirely the wrong question.

  • 1 comments 1,298 reads
    Posted on 2011-05-13

    Mitch Joel, author of the must read "Six Pixels of Separation" wrote an interesting post recently that got me thinking about control. Mitch wrote:

    "We're at this strange new intersection where the expectation is that every brand has relinquished the control over their messaging and that they're listening (and hopefully reacting) to this ever-growing chorus of feedback."

    I agree whole-heartedly with his comments that in many ways "Control" should now be a  dead issue; something that was surfaced by the Cluetrain Manefesto over 12 years ago and has been discussed to death by leading marketers who have long accepted that their monopoly on control has been eroded (if not usurped) by consumers. As Mitch points...

  • 0 comments 1,316 reads
    Posted on 2011-03-25

    As Social Media Monitoring travels through the technology hype cycle it’s clear that many early adopters are experiencing disappointing results. Having heard the stories of start-up businesses like Threadless or GiffGaff harnessing social insight to create real, tangible value (see my post on GiffGaff – a case study of customers in control), many large organizations are often disappointed at the results they are getting from SMM. If you find yourself in the “trough of disillusionment, below are some of the common pitfalls along with some suggestions to improve results and drive value from your investment.

  • 0 comments 1,664 reads
    Posted on 2011-02-14

    I went to a Gartner CRM conference in London a few years ago where the theme was “Solid Foundations, Cool Innovations”. The theme stuck with me and I think it is even more relevant today given the rapid rise of Social Media, powerful real time Analytics and Mobile.

    Those three topics combined put enormous power into the hands of Marketers. They can segment customers at an extremely granular level, send offers to their mobile devices as they walk into a store, enable customers to share those offers with their social networks…

    But of course, powerful tools are dangerous in primitive hands. A fantastic personalized offer to one customer is irrelevant spam and an invasion of privacy to another. I often tell clients that 95% of Social CRM is in fact plain old CRM. That statistic is not supposed to be scientific – whether it’s 70% or 99% is really not relevant - the key point is that it’s easy to get caught up with flashy front ends and whizz-bang features and functions. It...

  • 0 comments 864 reads
    Posted on 2011-02-14

    Social Media customer care seems to be a pretty hot topic at the moment. Many clients I work with either have, or are talking about, setting up a capability to monitor what people are saying about them on social networks and respond. At the moment, most customers seem pleasantly surprised to find that organizations are listening to their problems and taking pro-active steps to fix their problems (check out my experience with Virgin Media). But are we training customers to believe that in order to get their best service they should shout loudly and angrily at their friends on social networking sites? Are we encouraging customers to game the system, building up their social “klout” as a currency to leverage against customer service organizations?

    On the whole most people are pretty honest and will not go to the efforts described to game the system. But to me the question...


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