Posts Tagged ‘David Pakman’

How Social Media is Upending the Enterprise

From Fast Company
By David Pakman, Venrock

For decades, companies have defined the channels their customers must use to contact them. But phrases like, “We are available by phone weekdays from 9am until 4pm Eastern Standard Time,” and “We will attempt to answer the emails we receive within 48 hours, but times vary based on incoming volume” are quickly becoming a thing of the past. The long-held notion that companies control the conversation is being challenged by social media.

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In a world where any customer can, in seconds, tweet or post to Facebook a pithy product review or share an experience they had with a brand, companies are forced to entirely rethink how they interact with their customers. Step one, probably the hardest step, is realizing they are no longer in control. (more…)

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