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Insights2020 Research

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Insights2020 Research

  1. 1. DRIVING GROWTH THROUGH CUSTOMER CENTRICITY APRIL 2016
  2. 2. Introductions Steven Berkhout Associate Director Vermeer Jack Koch Head of Audience Research LinkedIn
  3. 3. About Vermeer @insights2020
  4. 4. Strategy @insights2020 Segmentation
  5. 5. Strategy @insights2020 Purposeful Positioning
  6. 6. Structure @insights2020 Marketing Organization
  7. 7. Capability @insights2020 Masters of Marketing in a Digital Age
  8. 8. Valuation @insights2020 Brand & Marketing Mix Valuation
  9. 9. Thought Leadership @insights20209
  10. 10. Thought Leadership @insights2020
  11. 11. Today @insights2020
  12. 12. Welcome to the connected society 212 Billion Sensor enabled devices 2008 2015 2020 7 Billion 25 Billion 50 Billion Connected devices ! Connected Society Data People Process Devices @insights2020
  13. 13. Traditional value drivers no longer provide competitive advantage 1900 - 1960 1960 - 1990 1990 - 2010 2010 - PRESENT Age of manufacturing Age of Distribution Age of Information Technology Age of the Connected Customer @insights2020
  14. 14. Everybody talks about Customer Centricity
  15. 15. But ... does it drive business growth?
  16. 16. Insights2020 focus HOW to achieve Customer Centricity? WHAT are the drivers of Customer Centricity?
  17. 17. Insights2020 Advisory Board Keith Weed Unilever Sir Martin Sorrell WPP Diego Scotti Verizon Julian Prynn BAT Jerry Wind Wharton Harish Bhat TATA Gayle Fuguitt ARF Rob Norman GroupM Tony Fagan Google Barbara Lamprecht Volkswagen
  18. 18. The Insights2020 Coalition Founding Partners Publishing Partners @insights2020
  19. 19. Largest and most global I&A study ever conducted 60 Markets 337 Vision Interviews 10,495 Survey Respondents • LinkedIn Behavioral Analysis • Wharton Crowd Sourcing • 8 Global research teams • Cross-industry, Cross-function @insights2020
  20. 20. Overperformers vs Underperformers
  21. 21. Opportunities Insights into action across all touchpoints Behavioral Data Personalization Brand Purpose Especially true for overperformers @insights2020
  22. 22. Challenges Internal silos & bureaucracy Legacy of structure & functions Making sense of data Recruiting wholebrain people Especially true for underperformers Especially true for overperformers @insights2020
  23. 23. Key dimensions of Customer-Centric growth CUSTOMER CENTRIC GROWTH TOTAL EXPERIENCE CUSTOMER OBSESSION INSIGHTS ENGINE @insights2020
  24. 24. Key dimensions of Customer-Centric growth 1. Purpose-led 2. Data-driven customization 3. Touch point consistency TOTAL EXPERIENCE CUSTOMER OBSESSION INSIGHTS ENGINE CUSTOMER CENTRIC GROWTH @insights2020
  25. 25. Driver 1. Purpose-led Link everything to a clear brand purpose 80% 32%
  26. 26. Driver 2. Data-driven customization Creating experiences based on data driven insights 73% 31%
  27. 27. Driver 3. Touch point consistency I&A to drive consistency across all touch points 64% 29%
  28. 28. Key dimensions of Customer-Centric growth 4. Embraced by all 5. Leadership priority 6. Collaboration 7. ExperimentationTOTAL EXPERIENCE CUSTOMER OBSESSION INSIGHTS ENGINE CUSTOMER CENTRIC GROWTH @insights2020
  29. 29. Driver 4. Embraced by all Customer Centricity is fully embraced by all functions 79% 13%
  30. 30. Driver 5. Leadership priority Customer Centricity is a top priority for leaders Incentives are based on customer related KPIs 91% 48% 45% 24%
  31. 31. Driver 6. Collaboration Work closely with customers 72% 45%
  32. 32. Driver 7. Experimentation Embracing risk and experimentation 40% 13% @insights2020
  33. 33. Key dimensions of Customer-Centric growth 8. Leading role of I&A 9. Unlocking the power of data 10.Critical capabilities TOTAL EXPERIENCE CUSTOMER OBSESSION INSIGHTS ENGINE CUSTOMER CENTRIC GROWTH @insights2020
  34. 34. Driver 8. Leading role of I&A 51% 18% I&A leading the business
  35. 35. Driver 8. Leading role of I&A I&A reports into the CEO 29% 12%
  36. 36. Driver 9. Unlocking the Power of Data THE ECONOMIC GRAPH Linking different data sources to distil insights 67% 34%
  37. 37. Driver 10. Critical Capabilities Storytelling 61% 37% Business Sense 75% 50% ‘Wholebrain’ thinking 71% 42% @insights2020
  38. 38. 10 drivers of Customer-Centric growth 8. Leading role of I&A 9. Unlocking the power of data 10. Critical capabilities 4. Embraced by all 5. Leadership priority 6. Collaboration 7. Experimentation 1. Purpose-led 2. Data-driven customization 3. Touch point consistency @insights2020
  39. 39. 45% 53% 61% +8% +2% +3% Total Experience Supporting scorecard • Purpose-led • Data-driven customization • Touch point consistency • Leading role of I&A • Unlocking the power of data • Critical Capabilities • Embraced by all • Leadership priority • Collaboration • Experimentation Customer Obsession Insights Engine Revenue Growth Potential +2.8% ILLUSTRATIVE NUMBERS 73% 49% 53% +2% +5% +3% +9% -6% -2% +3% -7% -9% -6% -2% SCORE GAP vs BENCHMARK AMBITION SCORE GAP vs BENCHMARK AMBITION SCORE GAP vs BENCHMARK AMBITION +5% 63% 75% 61% 34% +5% +3% +4% +6%-2% @insights2020
  40. 40. NOW what?  Focus on products and services Focus on Total Experience @insights2020
  41. 41.  NOW what? Focus on detail of data Focus on actionability of data @insights2020
  42. 42.  NOW what? Manage risk Experiment! @insights2020
  43. 43.  NOW what? Deliver to customers Co-create and innovate with customers @insights2020
  44. 44. Join us! Collaborating Experimenting movement Crowd Sourcing Data collecting PublishingSharing Networking
  45. 45. 2016 CMO and I&A Round Tables
  46. 46. Coverage – 2016
  47. 47. Mission: Connect the world’s professionals to make them more productive and successful #1 Value: Our Members Come First
  48. 48. LinkedIn is Uniquely Positioned To Help Drive Customer-Centric Growth
  49. 49. Growth requires personalized experience at scale Creating experiences based on data driven insights 73% 31% Linking different data sources to distil insights 67% 34% Using insights and data to drive consistency across all touch points 64% 29%
  50. 50. Growth requires personalized experience at scale ORGANIC / SPONSORED CONTENT The most effective platform for marketers to engage with professionals CONTENT MARKETING
  51. 51. SALES NAVIGATOR SOCIAL SELLING Empower your sales teams with social intelligence and content to share Growth requires personalized experience at scale
  52. 52. EY personalizes conversations for customers and clients with specific thought leadership to deepen relationships while maintaining consistent purpose-driven messaging
  53. 53. • Identify the right marketing and sales targets • Connect in a personal way • Build relevant relationships in a credible context • Convert marketing activities into sales Growth requires personalized experience at scale
  54. 54. Growth requires alignment on brand purpose Link everything to a clear brand purpose 80% 32% Customer centricity is a top priority for leaders 91% 48% Customer centricity is fully embraced by all functions 79% 13%
  55. 55. PUBLISHING PLATFORM THOUGHT LEADERSHIP Empower your leaders to communicate directly with key stakeholders, employees, and prospective talent Growth requires alignment on brand purpose
  56. 56. ELEVATE Leverage your employees’ collective influence to share content that is “on brand” EMPLOYEE ACTIVATION Growth requires alignment on brand purpose
  57. 57. Communicate purpose continuously, internally and externally
  58. 58. Transforming employee engagement – moving from inspiration, to advocating, to attraction
  59. 59. • Share stories in a credible context • Amplified by employees • Connecting the external and internal world of the company • Driving overall corporate and employer reputation – and building your Talent Brand Growth requires alignment on brand purpose
  60. 60. Growth requires hiring, developing, and retaining people Business sense 77% 50% “Wholebrain” thinking 71% 42% Storytelling 61% 37%
  61. 61. JOBS APP Find the right job or have the right job find you JOBS SEARCH Growth requires hiring, developing, and retaining people
  62. 62. RECRUITER PLATFORM Powerful business intelligence to find the right active and passive candidates RECRUIT GREAT TALENT Growth requires hiring, developing, and retaining people
  63. 63. Acquire the skills you need to succeed LYNDA.COM TRAIN & DEVELOP TALENT Growth requires hiring, developing, and retaining people
  64. 64. Dell encourages employees to create strong profiles and networks, building talent brand and driving referrals
  65. 65. Investing in developing and improving skills
  66. 66. • Identify the right talent • Connect in a personal way • Recruit talent to join your purposeful team • Grow the talent you have through training and development Growth requires hiring, developing, and retaining people
  67. 67. Overperformers leverage the multiplication effect to drive growth more likely to use all 4 aspects of LinkedIn LI Recruiter (Hiring) LI Sales Navigator (Social Selling) LI Marketing Solutions (Brand Activation) LI Elevate (Employee Activation) 400% at least 3 aspects 68% at least 2 aspects 41% at least 1 aspect 18% Overperformers:
  68. 68. Connecting professionals and brands to drive customer-centric growth through talent, marketing, and sales

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