Thursday 22 August 2013

The shallow waters of social Media - A case study

Who doesn't know Virgin Australia, for those of you that don’t know, it is not Australia’s National carrier but a privately ran company owned by the business man, Richard. I always assumed it was her National carrier.
With the recent integration of business affairs with social media, there are certain obligations that must be kept sacred so that she does not fall into a legal hole.

          Effective Information: The airline has the moral duty to monitor and make sure that the information given to her clients (travellers) is concise and accurate and also given in a timely manner. Such information as regards to flight details and sudden change in schedule should be directed to the travellers in due time. 
This brings us to the people in charge of the information dispersal or the systems capable of providing such information. With the over sophistication of social technology and technology at large, it is still a possibility for it to fail people, therefore competent people should be put to monitor those technologies so as to avoid technology error which will be due to human error.

         Accurate Information: Consider a scenario whereby wrong sales information is being transmitted  via Facebook purposely by the social media manager or better still the system responsible for  pricing is hijacked and compromised by a grumpy employee. In this example, an employee is distributing false and misleading information that will lure potential customers into a trap. The language or medium of communicating that is supposed to be made plain and easy is being compromised. This information security threat would lead to lawsuits and unhappy customers.

           Security: Confidential information can be breached by hackers or people that have the technical  know-how on how to carry out an attack on the company’s IT infrastructure. For instance, the  airline’s blog or news feed that is responsible for carrying out information feeding to her customers  could be hacked and this could lead to legal consequences for the airline as a result of the attacker  putting misleading information that causes the client’s duress or hardship. Such news feeds  compromised could include core databases, core servers and core IT services that is responsible  for serving the people.


          Misconstrued Information:  Advertising is a very interesting and powerful tool that helps pass a message over and over again. Now can you imagine a seemingly innocent looking advertisement that appears good and everyone is fine with that, but some people don't like it because it creatively  maligns their person or they simply don't like it at all and they sue.

Privacy Breach. Technical glitch making customer confidential information been breached and posted online, it sure sounds familiar.

Defamation:  Slandering of other businesses can lead you into hot soup. This involves saying not  true things against other businesses, including individuals and engaging in acts that can damage the  other company’s reputation. Although this maybe common when disgruntled travellers miss their flights, it is still a possibility to escalate to something of legal proportions when done by an employee or even an employer harassing the business integrity of another in a way to reap results.

In conclusion, a strict social media policy should be enforced that will cement the varying loopholes of social media with business in the aviation industry in general, not only Virgin. Such policies should address confidentially, information accuracy, effectiveness and information privacy. It should include acts and precautionary measures on employers as well as employees so that the aviation industry can drive smoothly without taking a break to the courthouse.

 
Qantas is the National Carrier of Australia. Now you know. J

Sunday 18 August 2013

The Wonders of Online Customer Relations

I noticed no comments were made on my previous blog post, well hopefully this weeks post convinces your hands to type and if not you are more than welcome to request for a free drink hint(just type your address on the comment section and i'll gladly ship it)

Anyways we are going to discuss the benefits of social technology on business. The profitability in employing social media into a business setting is quite a robust one, following the numerous principle levels of the McKinsey Global Institute, it'll be my pleasure to explain to you how.

In this our brief research, we will be looking at coca cola, for those of you that are not aware, it is one of the most famous drinks in the world. One of the various formula it employs I believe is consistency, loyalty feedback and of course advertising. Coca cola seems to have thrived throughout the years in maintaining a valuable conglomerate and this is vastly because of it's ability to advertise.

With the recent advent and popularity of social media tools, it is now possible for Coca Cola to collate customer (consumer) feedback from their clients(me and other coke drinkers) on the their pleasure on disappointment on the drink. This vital tool will help the company make informed product development decisions that will accommodate all it's valued customers. As key product development ideas come from the users of these products, it will increase the profit of the company as well as maintaining loyalty and consumer satisfaction.

Furthermore, social media tools also assist the company in attending to customer related issues. By floating a fan page and employing dedicated staff that will build a communal relationship with the consumers will help assuage any worries or fears that may arise from the disservice of their product.


Anyway people, I'll see you all pretty soon.

I'm quited farmished and feel like a coke.
                                                          



                                                            UP COKE

Friday 9 August 2013

Enabling success with Enterprise Systems



Hello my esteemed fans, hope all is well. Going straight to the point, I'll be talking about the second agenda of the assignment that is to identify further examples of companies using Web 2.0 to achieve enterprise objectives or organisations using Enterprise 2.0 principles in a significant way.. lets go there


Firstly according to wikinomics article by Jason, it states that there are four key concepts a business organisation has to possess to be successful with enterprise systems, namely Openness, Sharing, peering and Acting globally.


In this modern day and age, it is quite a rare occurrence to divorce IT and Business. This is a marriage destined to be because of the unlimited potential and resources that IT has to bring to a business that strives to succeed. By IT I am referring to enterprise systems and social tools like facebook, twitter, SAP etc.


Now to analyse these key concepts aforementioned above;



Openness: This can be stated as the ability to share information or the state of being transparent with business activities. It describes the degree to which the organisation must secure or control contents and rights to content. The very vital information such as trade secrets should be kept from the public view so as not to cumulate a potential loss when obtained by competitors.



Sharing: This is the ability for a business to share information with the public, it involves giving away control of it's intellectual property so that others can use it and develop on the idea. An example of a company that does this will be Virgin Australia. please see link to their blog. Information on the recent events and happenings in the company is shared to the public.



Peering: This involves working with a more collaborative working model rather than the prescribed hierarchical model. it ensures a platform for retaining support and getting feedback from business in the same industry.. Facebook, twitter, yahoo and Google+ all play an excellent task for networking and sharing of information. This type of behavior will help understand the market situations and would help in making accurate informed decisions based on consumer views.




Acting Global: This is a business position that involves in reaching out to customers not restricted to its geographical location, with the recent merge of Virgin Australia, Emirates and Delta Airlines; this would give Virgin the potential to serve more areas of the world.


The benefits Enterprises system serves to a Business Organisation cannot be overemphasized, it helps a business grow by advertising, and it provides a platform for feedback from consumers and also sees to customer satisfaction. Without the adoption of this new business model, the likelihood of a business crashing will be great.







References:

http://www.virginaustralia.com/au/en/experience/airline-partners/


http://en.wikipedia.org/wiki/Wikinomics:_How_Mass_Collaboration_Changes_Everything


http://www.mckinsey.com/~/media/McKinsey/dotcom/Insights%20and%20pubs/MGI/Research/%20Technology%20and%20Innovation/The%20social%20economy/MGI_The_social_economy_Full_report.ashx