Mike Boysen

Mike Boysen

Effective CRM
Mike Boysen, founder of effective-crm-consulting.com, has been a CRM consultant and developer for over 15 years. He became tired of the "software is the solution" mentality in the middle market and has dedicated himself to promoting the true meaning of CRM. CRM starts with a customer focused strategy and ends with software. Anything else is simply backwards.
  • 0 comments 273 reads
    Posted on 2012-01-31

    One of the most important things I’ve learned in my CRM career is that innovation is the biggest driver of long term success for any business. By long term, I mean well beyond the lifetime of a product or service. I’ve worked with many companies that have owners that seem to be riding into the sunset, with products that are slowly being disrupted, not necessarily by new business models, maybe just competitive innovations along technology dimensions. But eventually, where the technology allows for a more cost efficient business model, the demise of the incumbent is swift and decisive.

    We’ve always used the term innovation to describe the cool new companies coming online with products we never really knew we needed. Clearly, these people are just smarter than everyone else because we never thought to tell them we needed this product, right? In fact, they may not be smarter, but simply view the world differently than many of us. Understanding this difference is critical if you...

  • 2 comments 2,106 reads
    Posted on 2012-01-10

    I don’t make it my job tracking trends in the CRM software market, Paul Greenberg already does this here http://www.zdnet.com/blog/crm/crm-watchlist-2012-the-winners-list/3966. After reading his post today, though, I decided to circle back to a quick and dirty analysis I did the other week after hearing that Google Insights actually had a strong correlation to related economic data (the economic data typically lags by a few months). Does the success and revenue of a CRM software company related closely to trends in search activity? I don’t work with all of the vendors, so I can’t answer that question. But, based on those I do work with, and the hype I see in the market relative to others, I can make some pretty good...

  • 0 comments 565 reads
    Posted on 2011-12-01

    I've had this one up on my board for months!

    Over in the Accidental Community we discuss CRM, Social CRM, Enterprise 2.0 and everything that ties them together…sometimes. In this case we were, and I thought it was worth sharing a very important contribution to the discussion. The topic was Social Experience Design and Graham Hill jumped in with 6 general steps to achieve the most powerful, uh, outcome. Here they are:

    Quote….

  • 0 comments 1,265 reads
    Posted on 2011-09-04

    I had the good fortune to read a great article on MITSloan Management Review this summer called Why CRM Fails – and How to Fix It.  It'll be an eye-opener, and maybe a threat, for those of you who are caught up in the day to day business of selling CRM software. The reason is simple – while software plays a role in CRM, the research shows what many of us have known for a long time: software is not a solution.

    The authors, Stan Maklan, Simon Knox and Joe Peppard point out that "marketers have bet the family silver" on these investments with nothing much to show for it. We can debate CRM definitions or how many cool features Salesforce.com is adding, but until we understand the true...

  • 0 comments 644 reads
    Posted on 2011-08-12

    How much of your CRM application are you actually hiring? Yes, I understand you are paying for all of it. The question is whether you are leveraging all of it? CRM is not the same for each type of business, or even for different businesses of the same type. They each have different roles to play in their particular market space which are designed around their understanding of their current product, their current customers, their current resources, their current capabilities and what their current competitors are doing. Yet, they have historically flocked to technonlogy that was beyond their capabalities and needs. And while these seem to be products that overshoot the market today, companies are still spending even more extending them! Well, they are spending something during these hard times, but usually spending it in the wrong place.

    This reality, amongst other things, is what drives most businesses to mediocrity over time – from...

  • 0 comments 1,043 reads
    Posted on 2011-05-09

    I operate in and around the constant drone of attribute based customer segmentation. There is a prevailing thought that organizing your product or service design, as well as  marketing, around demographics or behaviors is the best way to develop and maintain highly loyal and valuable customers. In many places, behaviors are not even analyzed, so we’re left with simple segmentation based on products used, geographic region, industry, or annual revenue.  If you believe that this is working out for you, here are some statistics that might make you feel a bit uncomfortable.

  • 0 comments 905 reads
    Posted on 2011-04-21

    I was reading a great post by my friend, and colleague, Brian Vellmure this morning (Network, Signals Reputation and Delight) and felt like adding to the discussion.  Initially, I began to write a comment, but once it turned into a blog I reconsidered and posted it here.

    Building a network and reputation is critical. Unfortunately, I feel as though the rapid emergence Brian mentioned can amplify your lack of competitive understanding of your customers. Like many of you, I’m concerned with crafting the right message and the right reputation.  However, instead of worrying about all the tools and services empowering customers (and you) these days, let’s step back and look at things from the messenger’s standpoint. I know...

  • 0 comments 777 reads
    Posted on 2011-04-07

    I'm in a unique position as a CRM consultant because I have customers who have needs, and it's my job to understand them, prioritize them, and target my efforts at creating solutions for the most valuable outcomes. But, my focus can't stop there, because as a consultant in the CRM space, I need to impart this same understanding to my customers so they can better serve their customers. That's the kind of outcome a customer should expect from a CRM consultant, right? So, do I leverage the same framework to serve both? The answer is yes.

    Something I find interesting is how many companies invest time and money in endeavors that are not based on facts. They assume that one of hundreds of ideas will work, but also assume that it will take many attempts before an idea hits the mark; if it hits at all. There is an inherent risk in guessing, and coming from a background in banking, where at least on the surface risk is addressed through an underwriting process, I've found this lack...

  • 0 comments 755 reads
    Posted on 2011-03-21

    Do you work in an Enterprise that organizes itself though a command & control hierarchy, makes decisions behind closed doors, and basically prevents you from collaborating with your team – and worse, your customers? If this sounds like you, there is hope that one day your Enterprise will find itself with a Universe of pre-connected employees, partners, vendors and customers.  Will they simply ignore the opportunity to leverage these connections, or will they continue doing the things that got them there as though the customer & business landscape never changes?  No, I'm not talking about Facebook, so don't get all excited!

    There are a growing number of new platforms soon to come online that will potentially disrupt the traditional top-down approach to the Enterprise solution proposition. If you're working somewhere like many places I've worked, then the only collaboration that takes place with regard to which software applications are selected is one way – use it! IT...

  • 0 comments 1,125 reads
    Posted on 2011-03-08

    I caught the tail end of a Twitter discussion, yesterday, between rwang0 (Ray Wang) and two friends, Mitch Lieberman and Esteban Kolsky. Ray had stated that while “Total Cost of Ownership” may look the same on the surface, SaaS vendors have a lower internal cost and therefore more dollars available for R&D and innovation. This is due to the 1 to many infrastructure of SaaS. I'm not interested in that debate, at the moment, although it's an interesting point. I'm more interested in talking about successful customer outcomes.