Monday | 8 September, 2008
CIO
CIOs Must Learn to Think Like a Customer In Order to Shape Value Proposition
Joined-up thinking
Robert Willett (CIO (UK)) 16 May, 2008 15:08:39

Global Customer Focus

Our customer focus becomes even more interesting as we expand globally. We're in the US, China, Canada, Europe, and we'll be in both Mexico and Turkey soon. As we infiltrate these diverse markets, we do so cautiously: we want to learn from the mistakes of others, and one big mistake is going too fast and imposing operating models that do not meet consumer needs.

You can't look at new countries through a US-centric lens. You have to break away from traditional orthodoxy and think like a customer, wherever those customers are. To achieve this, we carry out research, talk to other retailers about their customers and talk to customers about what they want, observing and noting cultural differences. For example, while customers in the US are accustomed to touching items on display, in China everything is showcased behind glass cases. The people in the stores are employed by manufacturers and vendors and are product-centric. The implications for the in-store systems are significant if we want to import the open display approach we have in the US.

Knowledge transfer also works in reverse in China, where the people expect faster responses to changes in technology. In the US, we change our telephones once or twice every 18 months, while in China phones are a fashion item and the Chinese change theirs every quarter.

These variations raise different challenges for our understanding of customer data privacy, storage and data flow. Going global isn't about scale; it's about skill - transferring skill and knowledge about customers backwards and forwards.

Strategic CIOs who focus on customers have an opportunity to influence how their industries relate to the end customer. Over the past 25-30 years, retail has shifted from mass marketing, where we bought everything in mass and sold at a price. Today's personalised customer marketing is based on psychographics and demographics, each enabled by IT. We are moving into a more exciting space, which I call 'co-creation'. The journey no longer ends in the store, it ends in the home.

Consumers want connectedness - linking PCs with TVs and phones through WiMax and voice-over-IP. They want to partner with a trusted brand to aggregate content and co-create the solutions.

As the ambassador of the customer, Best Buy's role is to represent their needs with the vendor community to help create that interactive environment here and elsewhere in the world. It's my team's role to understand these issues and search for ways to make the experience of co-creation seamless for the customer. There is only one way to achieve this, and that is by taking the time to 'think customer'.

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2008 CIO Summit

19th August, 2008 Four Seasons Hotel, Sydney Developed in partnership with CIO Magazine, IDC, INTEP and the CIO Executive Council.

The world of the CIO is extremely complex and diverse. Multiple priorities demand attention and decisions are needed instantly. Individual teams need to be driven towards common goals, and businesses strive to become more mobile, agile and responsive. For CIOs, the challenge never ends.

Every year the CIO Summit identifies what is top of mind for CIOs across Australia and New Zealand, and offers insight for CIO benchmarking and vendor strategic planning alike.

Recent IDC research shows that over 59% of CIO's believe that 'to achieve their business strategies, technology should be used more aggressively than today.'

Join us on August 19th to discover how this is possible with the latest technologies including Virtualisation, Web 2.0, IP Surveillance and Software as a Service (Saas).

Click here for registration.

Click here for more information.

Please email Denyse_Robertson@idg.com.au for further information.

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    New Ways to Approach Security in a Web 2.0 World 08 September, 2008 09:32:00

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    Skills for leading a converged security operation 08 September, 2008 12:30:00

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    Information security governance: Centralized vs. distributed 05 September, 2008 10:15:00

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    DNS error brings Sophos antivirus updates to a halt 05 September, 2008 13:40:00

    Optus, Internode and Equinix affected among others.
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    Ouch! Security pros' worst mistakes 04 September, 2008 08:05:00

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CIO Webcast Innovation #8 - What are the biggest roadblocks to IT's involvement in innovation at your company?
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CIO Live Podcast #79: Brent D Taylor, author of The Outsider's Edge: The Making of Self-Made Billionaires Part II
Listen to the latest edition of CIO Live which is now available for download.
Listen to the podcast
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