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Trans f ormi ng t o a Cus t omer Cent ri c Ent e r pr i s e February 2008
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Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Jul 08, 2015

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Page 1: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Tr ans f or mi ng t o a Cus t ome r Ce nt r i c Ent e r pr i s e

February 2008

Page 2: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Sony Cor por at i on Today

He adquar t e r s : Tokyo, JapanCEO: Si r Howar d St r i nge rEmpl oye e s : 163, 000 wor l d wi deRe gi onal HQs : As i a- Pac i f i c , Eur ope , Japan, Lat i n

Ame r i c a, Mi ddl e Eas t , Af r i c a, and Uni t e d St at e s .

Page 3: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Sony El e c t r oni c s I nc . ( SEL)

Sony’ s l ar ge s t ove r s e as s ubs i di ar y Annual s al e s of appr oxi mat e l y $12 bi l l i on Ove r 15, 000 e mpl oye e s Numbe r one e l e c t r oni c br and i n Har r i s Pol l of

Ame r i c an c ons ume r s f or s e ve nt h s t r ai ght ye ar

Page 4: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Cu s t o me r Ce n t r i c i t y

Re l e v a n c e

Cu s t o me r Ex p e r i e n c e Ex c e l l e n c e

Co mmi t me n t

Ad a p t a b i l i t y

Me a s u r e s

Cu s t o me r Ce n t r i c i t y

Page 5: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Commi t me nt - Sony Cor por at e Cul t ur e

The early days of Sony Corporation of America

Aki o Mor i t a & Mas ar u I bukaFr i e nds and par t ne r s f or 40 ye ar s , t he y made Sony an i c on of Japan' s r e bi r t h

“Car e f ul l y wat c h how pe opl e l i ve , ge t an i nt ui t i ve s e ns e as t o what t he y mi ght want and t he n go wi t h i t . ”

“I f you go t hr ough l i f e c onvi nc e d t hat your way i s al ways be s t , al l t he ne w i de as i n t he wor l d wi l l pas s you by. ”

- Aki o Mor i t a

Page 6: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Commi t me nt - Sony El e c t r oni c s US Mi s s i on

To exceed customer expectations and enrich their lives with product, service, and

entertainment experiences like only Sony can

GROW t h e b u s i n e s s

GENERATE n e w b u s i n e s s

EMPOWER e mp l o y e e s

S US TAI N b r a n d l e a d e r s h i p

EXECUTE a wo r l d -c l a s s mu l t i -c h a n n e l s t r a t e g y b a s e d o n c u s t o me r s a t i s f a c t i o n

Page 7: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Br and and Pr oduc t Re l e vanc e

Page 8: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

20%

23%

28%

31%

34%

36%

43%

21%

18%

22%

25%

28%

31%

33%

40%

20%

13%

18%

18%

21%

23%

23%

31%

13%

Sony

hp

De l l

Canon

Panas oni c

Appl e

Sams ung

Shar p

Li ke l y t o Re c omme nd

Favor abl e I mpr e s s i on

Wi l l i ng t o Pay Pr e mi um

S o u r c e : S o n y Pr o p r i e t a r y Br a n d Ba r o me t e r S t u d y

Mas t e r br and Fundame nt al s( Augus t – Oc t obe r 2007)

Br and and Pr oduc t Re l e vanc e

Page 9: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Emotional

Rational

Unde r s t andi ng t he Cus t ome r Expe r i e nc e

Wants&

Needs

Whatto Buy

Where

to Buy

Whe

nto

Buy

Howto Buy

Research

Purchase

Use

Service

CECE22

Page 10: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

P r i v i l e g e d a n d C o n f i d e n t i a l

10

Integrate Direct

Har

mo

niz

e

CECE22

CECE22

Har

mon

yIn

tegr

atio

nO

ptim

izat

ion

Indirect ChannelsHarmony Integration Optimization

Dir

ect

Ch

ann

els

Drive the Experience

Maximize Channel Effectiveness

Win Early/Win Late

Align the Pieces

Grow the Knowledge

Optimize

Integ

rate D

irect/In

direct

CE

CE22

Cu s t o me r Ex p e r i e n c e Ex c e l l e n c e

Page 11: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

• We i n v e s t e d i n r e s e a r c h a n d we b a n a l y t i c s t o o l s t o u n d e r s t a n d e x a c t l y h o w o u r o n l i n e u s e r s b e h a v e

We bs i t e Re - de s i gn

– Cu s t o me r s s i mu l t a n e o u s l y s h o p f o r p r o d u c t a n d v e n d o r d u r i n g p u r c h a s i n g l i f e c y c l e

– Ac t i v i t i e s s u c h a s Re s e a r c h i n g a n d Co mp a r i n g ma y b e v i s i t e d ma n y t i me s a s c u s t o me r s c o n s i d e r p u r c h a s e

– Us i n g e x t e n d s t h r o u g h o u t t h e l i f e o f t h e p r o d u c t– Re s e a r c h i n g , Co mp a r i n g , Pu r c h a s i n g a n d P l a n n i n g p r e s e n t u n i q u e d e s i g n o p p o r t u n i t i e s

– Re s e a r c h p r o c e s s i s r e p e a t e d f o r e a c h p u r c h a s e b r o u g h t i n t o t h e h o me

– De p t h o f r e s e a r c h d e p e n d s o n h o w i mp o r t a n t t h e p u r c h a s e i s c o n s i d e r e d a n d i s o f t e n l i n k e d t o c o s t o r p a s s i o n f o r o b j e c t

• Wh a t we f o u n d …

Cus t ome r Expe r i e nc e Exc e l l e nc e

Page 12: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

2007 – SonySt yl e . c om Ve r s i on 4. 0

Cus t ome r Expe r i e nc e Exc e l l e nc e

Page 13: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Me as ur e s

• Ne t Pr o mo t e r S c o r e ( NPS ) i s a ma n a g e me n t t o o l a n d p r o c e s s t h a t q u a n t i f i e s t h e l o y a l t y t h a t c u s t o me r s h a v e t o a n o r g a n i z a t i o n

• Th e b e a u t y o f t h i s a p p r o a c h i s i n i t s

s i mp l i c i t y : “ Wo u l d y o u r e c o mme n d Co mp a n y ABC t o a f r i e n d o r

c o l l e a g u e ? ”

• NPS q u e s t i o n a s k e d o n 0 - 1 0 p o i n t s c a l e

– Pr o mo t e r s : 9 - 1 0 – Pa s s i v e : 7 - 8– De t r a c t o r s : 0 - 6

• F rom th is me a s ure , c a lcula te the compa ny Ne t P romote r S core

0 1 2 3 4 5 6 7 8 9 10

Detractor Passive Promoter

Extremely Likely

Extremely Unlikely

Might or Might Not

Page 14: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

14

Adapt abi l i t y - Soc i al Ne t wor ki ng Exampl e

Us e r i n t e r a c t s wi t h Ma r k e t e r n e t wo r k

To d a y … – Ma r k e t e r c r e a t e s e - c o mme r c e s i t e …

I n t h e f u t u r e …

Ma r k e t e r g o e s t o t h e u s e r n e t wo r k

Page 15: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Cu s t o me r Ce n t r i c i t y

Re l e v a n c e

Cu s t o me r Ex p e r i e n c e Ex c e l l e n c e

Co mmi t me n t

Ad a p t a b i l i t y

Me a s u r e s

Cu s t o me r Ce n t r i c i t y

Page 16: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Th a n k y o u

Page 17: Transforming to a “Customer Centric” Enterprise, Drew Martin, SOny Electronics

Whe r e doe s out s our c i ng f i t i n?

Pa r t n e r sh i p

I n n o v a t io n

Re l i a b i li t y

Ef f e c t i v e n e s s( c o r e

c o mpe t e nc y)

Ef f i c i e n c y( o ut s o ur c e )

F o c u sCu s t o me r Ex p e c t a t i o n s