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BUSINESS IS INFORMATION and information is
the core asset of business. These are the twin messages that John
McKean relays time and time again in a book that combines detailed
technical and theoretical information, statistics and a fair
degree of common-sense writing.
McKean, who is executive director of the
Center for Information Based Competition, says that businesses who
adopt a softly-softly approach, 'the quiet ones', are the real
Information Masters because they are Customer Masters.
They are the ones who are winning the race
back to the customers by letting go of the comfortable processes
of the past, while at the same time paying homage to the
'friendship' approach traditionally operated by customer facing
organisations 100 years ago.
McKean conveys simple messages through a
complex matrix of arguments, and Information Masters is very much
a book you have to stick with to get the full benefit. However,
for those wanting an at-a-glance guide he has helpfully included a
short conclusion reaffirming the arguments he puts forward.
I especially enjoyed the way he uses the
history of customer relations and customer service to underpin his
view of where the future is, but with headings such as 'Payback
From A Delinquency Reduction-Focused initiative Over Time' and a
roster of theoretical diagrams..., you certainly need to have your thinking head on when you
take on this particular tome.
BOOK IN A BLINK
Customer Masters are Information Masters
because they approach their business on the basis that their
business is information - Reuters being a good example - and once
they do this they will find that everything else will follow.
There are only a handful of companies
worldwide -around 5% - who are already Information Masters. The
rest have work to do, and they can start off by taking a long cool
look at themselves.
STEVE HURST
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