CRM meets Social Media at the Wharton School of Business
I was asked to facilitate some sessions directed to the Sales and Marketing BA and MBA students at Wharton in January on how traditional CRM strategies are now in a new phase of Social CRM, also known as CRM 2.0. Wharton School Visiting Associate Professor Sandy Jap is preparing her students for a career in marketing with the latest information on how online communities have changed the playing field for CRM strategies. There’s no doubt that businesses need to adjust current models to meet the needs of this emerging medium. I was not surprised at the student’s proficiency in Social Media given that most of them grew up on the internet but they were eager to learn that their experiences in Social Media will be a welcoming trait to the corporate world that they will enter. Corporate executives are still trying to get their arms around how to integrate Social Media into their traditional channels of engagement and they desperately need employees that are comfortably engrained in Social Media practices. On the other hand corporate executives can lend their extensive knowledge of traditional CRM to the interactive generation for an effective blend of collaboration at its best. My word of advice to the corporate world is to invite this generation in the conversation; they get it and are versed in all of the tools of Social Media. In preparation for them entering the workforce I would advise you to make your company’s image and workplace more social media centric. You will not want to miss out on this talent because they do not see a familiar form of interaction. Remember, social media may have grown its roots in the younger generation but they grow up, move on and disperse their databases with them and they EXPECT social media to be in the mix. Key Takeaways were: It was a privilege for me to have the opportunity to address these students and I hope to extend a hand to their future success.
