Companies can benefit from cultural assessments like those performed by Mattel in three ways:
1) A strong, positive culture creates buzz that makes a company look exceptional and customers want to do business with them.
2) It increases productivity within the organization.
3) Assessment surveys help collect valuable information from employees about the organization's culture.
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Mid - Real World Case Scenario #2
Companies can benefit from cultural assessments like those performed by Mattel in three ways:
1) A strong, positive culture creates buzz that makes a company look exceptional and customers want to do business with them.
2) It increases productivity within the organization.
3) Assessment surveys help collect valuable information from employees about the organization's culture.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Managing Information and Technology
Baliwag Polytechnic College
Dalubhasaan Kong Mahal
Case Scenario Assignment #2
LinkedIn, Umbria, Mattel, and Others:
Driving the “Buzz” on the Web
Group Member #1: Eliezer P. Raba
Group Member #2: Aires Sosa Group Member #3: Rogelio Lim
1. How can companies benefit from the “cultural assessments”
regularly performed by Mattel? How could the information obtained be used to create business value for those organizations? Provide multiple examples. A strong culture creates a buzz about a business in the community. When the buzz is positive, it makes business look exceptional and makes customers want to do business with you. It increases productivity within your organization in myriad ways. It also involves a culture assessment survey question that is extremely helpful when it comes to collecting information from within your organization. Every employee contributes to the culture of organization. It relates to the structure of an organization such as a company or nonprofit and the values, sociology, and psychology of that organization. Traditionally we think about value in business in terms of assets- property, plants, equipment, inventory, and even human resources. In fact, what many businesses today consider to be their most valuable asset cannot be held in your hand because it is the information generated by the collections of data. In order to remain competitive businesses must find ways to increase efficiency while maintaining quality standards for their products, goods and services. Managing Information and Technology
2. The case notes that, in spite of disconfirming evidence as
to the effectiveness of targeting online opinion leaders, companies are nonetheless increasing their efforts to identify and contact them. Why do you think this is the case? In recent years, with the development of Web2.0, enterprises, government agencies, and traditional news media, which have been positively influenced by opinion leaders, have been dedicated to understanding leaders’ opinions on the web in order to seek convergence. On the Internet, the roles of opinion leaders and followers in the formation of these issues cannot be neglected. According to the “theory of two-step flow” and Rosen’s definition of opinion leaders’ characteristics, “social media initially pass the information to opinion leaders, then opinion leaders spread the information to followers and influence their attitudes" when followers follow opinion leaders, the formers’ judgments and attitudes will be influenced and changed by opinion leaders. These opinion leaders can help expand the already existing trends that are present in the people’s minds. It was found that it was not very successful when a brand-new idea was instilled in people’s lives through the use of an opinion leader. Using technology is one way to help organizations. Utilizing information technology is to study trends and patterns of thought in society today by utilizing social media. Social networking sites can be monitored to see what people are interested in or talking about. These Internet technologies must be utilized to filter through the existing social networks to find the opinion leaders in the market.
3. One of the participants in the case states that “you want to
ride the wave rather than trying to start one of your own.” What does she mean by that? If companies are not starting these “waves,” where are they coming from? On many social media platforms “waves”, also known as trend, can erupt spontaneously. The “Wave” is a theme that is generated by people on discussion boards and social networks platforms which is gaining momentum over these mediums. The discussions are pertaining to some posts in social media like new video, product, service, meme, or others that can take hold the public imagination and spread like wildfire. For example, the Kony 2012 video received 40+ million views in a few short weeks and now sits at 85+ million views. As this Managing Information and Technology
huge increase in views about Kony, as nobody expected and
could have predicted the success of this campaigns, this massive reaction has caught the attention of the media and every marketer as they dream of one of their campaigns going viral like this, but as we all know, it’s really difficult to predict and achieve this kind of success. These future trends are blooming and rapidly increasing as they are shaped by several factors including the changing of technology as it updates, the business, political and environmental elements that affect the customers changing needs towards the business community. As the technology changes, the preference of the customers also changes as they also follow what is trends and mostly needed by them. As when companies take proactively track on the online conversations, they are able to identify better the current trends in this era. As they gather the information about these trends, the companies can use it to give an instruction for leaders' opinions as they drive these trends rather than in creating a new one. The opinion from the leader will increase the momentum of this idea and trends as they also increase in popularity. When we say, “you want to ride the wave rather than trying to start one of your own”. A new trend in e- commerce advertising focuses on “riding the wave” as opposed to creating your own momentum. It means that the companies shouldn’t invest in starting new waves, but rather than riding what this trend brings about, also hiring the opinion leader who is going to do so. Instead of investing in new trends which are really difficult to create, they should focus on observing the community, to see the pattern of this trend about how it started and to be able to have information that can provide companies competitive advantage for their strategy towards their competitors. So, who started these waves, the waves didn’t start from the companies as it is difficult to create? As we believe, these waves are seldom started by individuals or companies, hence they can’t be forced because it is unpredictable and always starts from the consumer’s as they one who create a wave. Dave Balter explained that “The sales data of our campaigns didn’t match up with opinion leaders.” The waves come from the consumer’s as they are the epicenter of this, so the advertisers just ride the wave of popular conversation by starting citizens to jumpstart campaigns of products and services in ecommerce. It is not important for the advertisers Managing Information and Technology
to create a new wave, but rather to listen to the needs and
learn from the customers through this social media platform.