This document discusses how corporations work to sustain their fame even when it does not directly impact sales. It explains that corporations create exclusiveness, use innovative strategies, focus on large audiences, understand customers, and leverage loyalty to build goodwill, learn what customers want, and add brand value. The document also discusses how Chief Information Officers must work with Millennials, who are tech savvy, quick learners who think differently. It notes CIOs must anticipate changes, embrace new technologies, and focus on communication, monitoring, and improvement to effectively engage and retain Millennial employees.
2. ? Right To Property
? Why do corporates take so
much pain to sustain the
fame even though it does not
affect the sales directly ?
Fame to
sustain !
3. How do they do it ?
? Creating exclusiveness
? Innovative strategies
? Focusing on the big crowd
? Knowing the customer ¨C hitting the sweet spot
? Leverage customer loyalty
4. Why do they do that ?
? Understanding customers¡¯ interest.
? Discovering what works best.
? Learning the marketplace.
? Building goodwill.
? Learning the metrics .
5. What¡¯s in for them ?
To build connection with the consumer and brand
Indirect advertisement
To generate hype
Adding brand value
7. Did you know ?
Millennials
? GenerationY ( millennials )
are the group of people born
between 1982 ¨C 2002.
CIO
? Chief information officer
? Senior executive of an
enterprise responsible for the
IT and computer systems
that support enterprise goals.
8. What makes them different?
Tech Savvy Quick learners Think outside
the box
Creative
9. Current scenario
? Technology is one of their social needs.
? From BYOD to BYOA
? Employee turnover is reduced by more networking
? Organizational learning
? Increased productivity
10. CIO in the future
? Must be able to anticipate changes
? Ready to embrace change
? Apps to help business communication
? Continuous monitoring and improvement
11. How do we handle them ?
? Understanding their needs.
? Constant motivation and performance feedback.
? Providing flexible work schedule and relaxed workplace.
? Encouraging team work.