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OCT 2008

The Contribution Revolution: Letting Volunteers Build Your Business

Intuit’s cofounder challenges traditional companies to follow the lead of internet superstars—and of innovative peers such as Honda, Procter & Gamble, and Hyatt—in tapping the contributions of countle

Harvard Business Review, October 1, 2008 — Earlier this year, I spent an intense half-day closeted in a room with the top 70 executives at Intuit. Our aim was to come up with ways that people outside the company could volunteer their time, energy, and expertise to make life better for our customers. Sound odd? Well, if you’re not conducting an exercise like that at your organization, you risk missing the boat on a sea change that’s transforming business.

Every day, millions of people make all kinds of voluntary contributions to companies—from informed opinions to computing resources—that create tremendous value for those firms’ customers and, consequently, for their shareholders. When I first encountered this idea, several years ago, it struck me as unfathomable: Volunteerism was for... continue reading

Category: Innovation
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JUL 2008

Offer Consumers a Meaningful Service

Understand What Your Target Needs, Deliver It and Stick With It

Advertising Age, July 28, 2008 — It's just common sense that if you give a little, you'll usually get a little in return. But to paraphrase President Harry S. Truman, that (inadvertent) font of marketing wisdom, "If common sense were so common, more [marketers] would have it." Marketing is nothing more or less than an exchange of value. The better the value the marketer provides, the more time and attention they'll usually get back from their target. If the value delivered by the marketer is exceptional, then the consumer will pay back the marketer with loyalty and brand evangelism in good times and bad.

Category: Marketing
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