Markets for the Digital Generation

The Future of Work (Jason Fried version)

Blogged in Ideas, People, Communication by Sean Monday February 6, 2006

The title of this post alludes to Thomas Malone’s seminal book The Future of Work.

Jason Fried, one of the founders of 37Signals, has given a very interesting presentation on ITConversations on “what works and what doesn’t in web development and how the unconventional methodologies followed by 37signals give it an edge…Jason explains how he learned that less is more when it comes to features and emphasizes the importance of building ‘half a product, not a half assed product’.”

While his talk is framed in the context of developing a new web (or software) product, I think there are a number of universal truths in terms of generically how to bring products to market in today’s world. Simple is the new black. Avoid unnecessary complexity at all costs.

Thanks to Phil Dawes for pointing me to this link.

Customer service in a Digital Age

Blogged in Communication, * by Sean Monday February 6, 2006

Naked Conversations makes a good point with respect to blogs being a key component in successfully making the move to an online (digital) business model.

Customers (especially the Digital Generation) generally love conducting business online. They love the control and efficiency it brings. They love the lower cost and price transparency it brings. They love the speed and ease of use. All of these are obviously subject to the service provider having an efficient, intuitive and robust online platform. But even when this is the case, nobody is entirely immune to an unhappy customer; nobody can possibly hope to answer online every possible question a customer might have with respect to the product or services being offered. Additionally, there is nothing more powerful in terms of generating customer loyalty and strong word-of-mouth marketing than dealing effectively with a customer problem or issue. (The opposite is also true: bad experience = angry customers - beware!)

So how do you provide this excellent customer experience under all circumstances while not bankrupting your business in the process by driving your costs through the roof? I think it would be naive to say there is one silver bullet, and like so many things in life and in business, alot of it comes down to hard work and diligence, but I would agree with Shel that “blogging is an affordable way for companies to talk with their customers.” Generalising a bit more, the most successful companies in the future will be the ones that adeptly choreograph the intricate combinatorial ballet of conversational channels - in person, voice, email, IM, blogs, wikis, etc. - to create an at once excellent yet (cost) efficient customer experience.

Social software is not just a fad. It will be a key tool in running an effective digital business.

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