Dynamic Process Analysis
The dynamic
process is the strategic support of a company that changes and adapts fast to
the changes in the organization. When it comes to marketing, GASCO has set for
itself some goals that would ensure its success and continuity. First things
first, the Company’s Brand Awareness. Although GASCO is one of the biggest
natural gas produces in Egypt, they want to ensure that they are always visible
and seen by their targeted audience. They strive to build relationships with
customers, fostering a sense pf community and making them loyal. Secondly,
Customer Service, where they ensure that their loyal customers are on a
platform where their inquiries are answered, and their concerns addressed. As
for the final goal, GASCO always tries to pull in more customers, so they are
always looking for ways to penetrate new market segments.
The metrics on
which these goals are measured are:
• Reach no of customers that use
Gasco’s content.
• Engagement: no Likes, comments,
shares, reactions and click rate on GASCO’s posts, which shows how much GASCO’s
services are being self-advertised, how customers think of the general
services, and their notes on these services.
• Follower growth: keeps track of the number of followers over time and whether they are increasing or decreasing.
• Sentiment analysis: analysing the customers’
opinion and understanding their perceptions through their comments.
• Lead generation: look for potential
leads generated through social media interaction. After understanding GASCO’s
goals and their KPIs, it’s only natural to focus on their target audience and
understand why GASCO chose its audience. One of the audiences that GASCO
targets is Residential Customers. This is because in this day and age,
almost everyone, homeowner or renter, needs gas for various utilities, whether
it’s for cooking, heating, or other appliances, it’s now considered a home
essential. Another target audience is businesses and industrial posts.
This is because
its where they usually need a steady flow of gas needed for an industrial
period, processing, or just some appliances like residential customers. Another
interesting audience,
Just as for residential
and commercial customers, the service doesn’t defer much, instead of Providing
gas for a factory or an apartment, it provides for maybe a school, or a
hospital. The main benefit of serving these institutions is that they provide
extra benefits that GASCO utilizes, like a lower tax or cutting the red tap
short for a new building, however, this relation only works because it’s based
on trust and the good reputation of GASCO.
GASCO also
provides values for these audiences like Informative Content (ex: info on safe
gas usage and what to do in case of a gas emergency), Community Engagement
where sessions of Q&A take place and polls take place, a Customer Service
Platform that offers the targeted audience of an alternative way to channel
their inquiries, feedback, their opinion, and their service experience, and a
platform which has the most recent news about GASCO.
The tools GASCO used to aid in achieving their Goals include:
Facebook Page Insights: tracks and provides analytical data from GASCO’S
Facebook page.
Social Media Management Platforms: like MotchiRotchi Cairo Web Design
& Cord digital. These platforms streamline content creation, focused
advertisement campaigns and detailed analytics of the platform used.
Social Listening Tools: Gasco uses Hootsuite. These tools help keeping track
and monitoring all online chatter on GASCO and the natural gas industry.
Social capital is
the value created by social ties and interpersonal relationships. It represents
the assets, both material and intangible, that individuals and groups may
access and make use of because of their networks and collaborations. Since the
size of the network, the average tie strength, and the value of each
relationship are important aspects of social capital. The ability to access
information and resources is a valuable aspect of social capital. One example
of this is the information-sharing social connections that facilitate the flow
of knowledge, enabling individuals to become more productive and make better
business-related decisions. Another benefit of social capital is that it allows
individuals and groups to take collective action to achieve objectives that
would be difficult for them to achieve alone.
As for the estimate for the social
capital, using its formula of:
Social
Capital = number of Relationships x Relationship strength x Entity Resources
So, using the estimate of Network
Size to decide the number of relationships, where: -
Residential customers = 20.7m
approx.
Commercial and industrial
businesses = 11.2k approx.
Governmental agencies = 9
Total network size = 20,711,209
·
Using metrics to calculate relationship
strength:
·
Rated 4.2 (out of 5) in the
customer satisfaction survey score.
·
Average response time to
customer inquiries is 16-18 hrs. (indicates better that AVR communication)
·
Customer loyalty: 88.3% of
customers deals with Gasco for over than 5 yrs.
Relationship strength on Quality
scale is: 0.84
As for the Entities resources
it takes shape in the Easy access to Natural gas, which assigned a high
weight to the entity resources. A weight of 0.75
So, the Estimated social capital of
Gasco is:
20,711,209
x 0.84 x 0.75 = 13,048,061.67
Which indicates GASCO’s strong
presence in this field and its powerful networks.
An enterprise
social network is a private social network available only to an organization's
members. It is used within an organization to facilitate collaboration,
communication, and knowledge sharing among employees. Enterprise social network
provides various features that facilitate communication, content sharing, and
access to company news and updates. These features include profiles, news
feeds, discussion forums, file sharing, and instant messaging.
SLATES is an
acronym that refers to the key elements of Enterprise 2.0 or social software in
the enterprise context. It stands for S – Search, L – Links, A – Authoring, T –
Tags, E – Extensions, and S - Signals.
1. Search the ability to effectively
search and discover relevant information, people, and content within the
organization's knowledge databases.
2. Links: is the relationships that exist
between individuals, groups, and concepts to facilitate searching and finding
relevant content.
3. Authoring: is the ability for users to
create, edit, and contribute content, fostering a culture of user-generated
content.
4. Tags: Information is categorized and
organized using labels or keywords to make it easier to identify and present
relevant stuff.
5. Extensions: the capacity to increase
the enterprise social software's capabilities by add-ons, upgrades, or system
integrations.
6. Signals: the alerts, updates, or
notifications that inform users of new information, events, or changes within
the enterprise social network.
SLATES
represents the crucial features and functionalities that each successful
Enterprise 2.0 implementation should have and facilitating improved
interaction, teamwork, and organizational flexibility. All these components
create a more dynamic, engaged, and collaborative within the enterprise. GASCO
uses an enterprise 2.0 approach to improve internal communication, knowledge
management, and employee engagement and working on more improvements.
GASCO company
can address SMIS security concerns by creating and developing social media
policy. Currently, the company is working on establishing a social media policy
for employees to address security and reputational concerns related to the use
of social media. The company manages inappropriate content by establishing a
process to quickly identify and request the removal of this content such as
copyrighted material, abusive and harassing posts. For example, handling
inappropriate content on YouTube of posting a video about private systems
without the company’s permission. While managing unfavorable reviews by
performing root cause analysis to investigate the issues behind negative
reviews to identify and address problems. For example, addressing unfavourable
reviews on Facebook page about the change of the company’s customer service
negatively.
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