Oct 24, 2013

BPM KPIs

For many years now, I have been doing various rounds of BPM. But most recently when there is a mandate to implement a commercial product (ERP/SRP) to support the process, i am wondering about the efficacy of KPIs in this scenario.

Whenever we did ground-up development, we defined KPI's. By and large we had it at the process level rather than at the form level, where we added rules governing deadlines, escalations, and scheduling (expected wait times, expected working time, planned completion time) that act as KPIs for measuring efficiencies (cycle time) and effectiveness. While ours was not a procurement centric organization, and more of a solutions delivery firm, we looked ways in BPM applications to measure utilization, rejections rates, cycle times, availability, retention, attrition, and growth.

Our measurement effort helped us to:
§  Improve timeline 
§  Compare our process over time
§  Set target, See if changes to processes have had the wished effect
§  Discover when action is needed

I believe, this measurement from the process level will be connected to the balanced scorecard – > the following way:
1.    Strategic Business Objective [SBO]
2.    Business Planning Goal [BPO]
3.    Critical Success Factors [CSF]
4.    Key Performance Indicator [KPI]
    5.    Process Performance Indicator [PPI]

Aug 13, 2013

Digital marketing lessons

For my own reference I'm placing the thoughts expressed in this article

1. The consumer is king. And queen.

The consumer – the person who plunks down good money for what you’re selling – must always be dead center in all of your thinking, plans and objectives. Treat them as a friend, someone to be respected.Never, ever lie or deceive. Provide more and better than expected; it will always be rewarded. The opposite is also true.
Mobile marketing lesson: As in any relationship, find genuine reasons why people should befriend and prefer your brand. Consistently express that in the product or service itself. In what you say, how you say it, how often you say it, and where. Communicating on a mobile device may seem “free” but it can get very expensive if you do it poorly.

2. You’ll never sell a confused consumer anything

Don’t be in a hurry to explain. Neither over-explain nor obfuscate. Simpler is better. Clarity is best. Turn every possible purchase decision into a brand relationship affirmation. Be a good listener.
Mobile marketing lesson: Any relationship takes time to develop (See #9). And by its very nature, a relationship is a two-way street. Don’t just talk to or, worse, at a consumer. Leave plenty of opportunity to hear what’s on their mind. Everyone has an opinion to share. Be a very active and appreciative listener.

3. “Brand” is the second-most misused term in marketing

Is Lady Gaga a brand? In a word, no. She’s a singer, an entertainer, a person. She has style, attitude and talent. But she’s not a brand. Yes, there’s Lady Gaga perfume. But that’s a perfume, not a person. A person is not a brand. But, more and more today, a brand is a person. That’s because consumers are looking for transparency, authenticity and accessibility in what they buy. A brand used to be what the manufacturers said it was.
In large part that was due to the one-way nature of the communication channels available. Technology has turned the tables and, increasingly, brands are what the consumers say they are (see #1, above). So brand managers of today and certainly tomorrow – and their bosses – need to give up trying to control their brand’s imagery.
Mobile marketing lesson: The consumer is in control now. Smart managers know this. The others will fail. Management is not control. Control is not management. People have warts. Brands have warts. Get over it, control freaks. The consumer is in the driver’s seat. Buckle up.

4. Communications 101

It’s not what you say. It’s what they hear. If they aren’t “hearing” you – if your message is not resonating with your audience(s) — you aren’t inside the consumers’ heads, as you need to be. Use every opportunity possible to set up listening posts throughout your organization and your selling process.
Mobile marketing lesson: Mobile phones – audio and video/pictures – are ideal “polling stations” to take in real-world real-time input from a multitude of constituencies. As a wise man once said: You have two ears and one mouth. Use them in that proportion. Be a good listener.

5. Buzz has no value.

To “create buzz” is not a viable objective in any business plan. The business of a business is to make a profit. Banks accept money; they do not accept buzz. Buzz can be a way to generate awareness, interest and preference – three key steps to creating a relationship with a consumer but buzz can also be irritating, especially when there is no clear benefit delivered or promised.
Mobile marketing lesson: Make your buzz better. Think of a cocktail party. You walk up to a group and introduce yourself. Which is better: (a) dominate the conversation by talking non-stop about yourself; or (b) spend most of your time – especially at first – listening to the flow of the talk and jump in when appropriate. If you answered (a) please don’t go to my party. If you answered (b) you now know what to do for your business to make it succeed in mobile marketing.

6. Segmentation Kills

We are all far more alike than different. We all want many of the same things (hint: reread Maslow’s Hierarchy). We just find different paths to these common destinations. If you slice up your audience into too many pieces you will lose touch with your consumers. There are many fish in the sea. Fish where your fish are.
Mobile marketing lesson: If you create too many small targets to hit you will run out of arrows (i.e., resources like “money”). It’s easier to hit a bigger target — and usually far more efficient.

7. Be careful what you wish for

Most research is dangerous because it is biased: The way the questions are framed. The way the answers are interpreted. Who gets asked; where; when and how.
Most research is used to affirm what someone (usually high up) in the organization already believes or to make up for their lack of vision. When doing any research keep your eyes wide open and see what’s there, not what you expect or want to see.
Mobile marketing lesson: Use research carefully. It’s a support mechanism to guide decisions, not mandate them. The massive consumer input possible on mobile can more than make up for any human biases. Use it often.

8. Customer Satisfaction: The death of brands.

Keep the customer satisfied? Never! A “satisfied consumer” is the equivalent of getting a “C” in school. Above you are the best. Below you are the worst. Your brand needs passionate lovers, BFFs and evangelists. A satisfied consumer is “meh.” A loyal consumer loves you, which, in tough times, is priceless.
Mobile marketing lesson: There will be tough times. You’ll mess up. You’ll get unwanted news. Competition will set their sights on you. Mobile can help you stay in touch with your loyals. If you drop a ball, fess up to it right away. Reward loyalty. Satisfaction is not a goal. It’s just a starting point.

9. Brands take time

A brand is “a promise kept.” It’s a genuine relationship that requires a lot of work to build up awareness, preference, trust and confidence. Very few consumers are blindly loyal; they can be forgiving, provided good reasons, but they’ll never forget. And the consumer will be satisfied — if not by you, someone else.
Mobile marketing lesson: As the great philosopher, Diana Ross, told us: You can’t hurry love.

10. Speed kills

A corollary to #9. Careers and fortunes can be made and lost at the push of a button. Just because you can reach millions of people in seconds does not mean you should. In fact, you almost never should. A fast tweet or FB post is like blurting out a questionable remark after you’ve downed more than a few. What’s said on Twitter stays on Twitter.
If anyone in your company feels it’s better to “get something out there as fast as possible” you need to forfeit their keys to any SM account. Any response – to good news or bad, fact or fiction – needs to be carefully considered prior to hitting “go.” A key to brands and branding is consistency. It’s impossible to nurture any brand, new or decades old, at the speed of light.
Mobile marketing lesson: Carpenters have a saying: Measure twice, cut once. How many times have you heard: Better safe than sorry. Or: Haste makes waste. Digital marketing has many powerful benefits. Use them all well. But remember: Age and treachery beat youth and skill every time.

Aug 8, 2013

Science & Humanities

Even though trained as an Engineer for four years in one of the best institutes in the country, the world of humanities has always given me solace, challenge and rationale. In the initial days it was literature, words, etymology, history and geography. After graduation, I had the good fortune of reading in-depth about anthropology and sociology, which offered an entire new lens to view the world. Thus formed an idea a few years back - somewhere, sometime in life I want to do research on the 'immigrant experience'.

Therefore in my universe, science and humanities are never juxtaposed against each other, but always coexisted peacefully.  Steven Pinkers latest essay offers so much on the subject..

"The great thinkers of the Age of Reason and the Enlightenment were scientists. Not only did many of them contribute to mathematics, physics, and physiology, but all of them were avid theorists in the sciences of human nature. They were cognitive neuroscientists, who tried to explain thought and emotion in terms of physical mechanisms of the nervous system. They were evolutionary psychologists, who speculated on life in a state of nature and on animal instincts that are “infused into our bosoms.” And they were social psychologists, who wrote of the moral sentiments that draw us together, the selfish passions that inflame us, and the foibles of shortsightedness that frustrate our best-laid plans."......"This is an extraordinary time for the understanding of the human condition. Intellectual problems from antiquity are being illuminated by insights from the sciences of mind, brain, genes, and evolution. Powerful tools have been developed to explore them, from genetically engineered neurons that can be controlled with pinpoints of light to the mining of “big data” as a means of understanding how ideas propagate."

Nov 3, 2008

Mobile Video Use

Comscore, in its recent press release has stated that 6.5 million American users watched videos on their mobiles. On-demand video was the most popular amongst these users, accounting for nearly 3.6 million users. These videos consists of, in decreasing order of popularity - Amateur videos like You Tube, Music videos and Comedy videos.

Amongst programmed mobile broadcast, music videos were a top choice for the users, with full length movies coming a close second.

Oct 21, 2008

Factors in realizing value of Enterprise apps

Take a look at this finding from Sandhill.com and NeoChange




It tells you that THE most important factor in realizing the value of investments in Enterprise apps is Effective User Adoption. If you go all out and foster Effective User Adoption for your apps, its more than half the battle won. Also note how Software Functioanlity accounts for just 1% of the pie. And its ironical that most of our endeavours in the IT industry is invariably focussed on providing more and better functionlity. We may build the greatest tools, but if we dont enthuse the user to reap the benefits of using it, the companys investments in Enterprise apps is bound to have negative returns.

Perhaps what this also suggests is that within an organization, within a defined time span, we reach a plateau of functionalities we REALLY require. And then, its time to rethink on how to effectively deliver these in a way that fosters better user adoption, aligned to any organizational change programs.

Oct 14, 2008

Enterprise 2.0 apps are getting cheaper!

A recent report from Forrester predicts enterprise spending on Web 2.0 technologies to increase dramatically over the next five years, the end result being a gloabl enterprise market of $4.6 billion by the year 2013.

Read this in conjunction with the another report on the prices of Ent 2.0 apps,which suggests that "...the price drops (of Enterprise 2.0 apps) will be due to cutthroat competition, commoditization, bundling, and subsumption, with many startups and established big companies competing for the enterprise dollar..."

Among the popular tools, maximum price drops will happen in blog, wikis, social networking and widgets. But the only one that could command a higher price is mashups, which will see a steady rise over the next five years.

It is to be noted that new innovations in the blogging tools arena may not happen, as it is a saturated space, where the feature differences between the players is not of much significance. On the other hand, Wikis that are intuitive and easy to use are not available aplenty, and hence new players like SocailText will continue to have an edge.

Mashups have not gained as wide an accepatability within the enterprise as the other 2.0 tools and given its potential, it will rise in prices and features, while the other mature tools will bow down to price cuts and commoditization.

Oct 6, 2008

On reCaptcha

My interest in CAPTCHAS never seems to vane. And now theres reCAPTCHA!! And its very interesting to understand how its put to use.

It is estimated that around 60 million captchas are solved every day, each involving around 10 seconds. That roughly translates into 170,000 hours of work! Those are some astounding figures. The essential idea behind ReCaptcha is to constructively channelise this huge amount of work.

reCAPTCHA improves the process of digitizing books by sending words that cannot be read by computers to the Web in the form of CAPTCHAs for humans to decipher. More specifically, each word that cannot be read correctly by OCR is placed on an image and used as a CAPTCHA. This is possible because most OCR programs alert you when a word cannot be read correctly.

But if a computer can't read such a CAPTCHA, how does the system know the correct answer to the puzzle? Here's how: Each new word that cannot be read correctly by OCR is given to a user in conjunction with another word for which the answer is already known. The user is then asked to read both words. If they solve the one for which the answer is known, the system assumes their answer is correct for the new one. The system then gives the new image to a number of other people to determine, with higher confidence, whether the original answer was correct.

This cool feature can be added to your website/blog, as also in the form of MailHide to mask your email id, thus helping the cause of digitizing valuable knowledge.