Posts Tagged ‘Entrepreneurship Forum’

Open Entrepreneurship

Friday, June 12th, 2009

Unfortunately I couldn’t attend the Entrepreneurship Forum event held at Stockholm School of Economics the other night. It seems to have been a good event with almost a hundred people interested in entrepreneurship. And thanks to Björn Paulsson who is setting up an open platform for knowledge sharing between entrepreneurs called Open Entrepreneurship (great initiative Björn!), it is now possible to view the panel debate on YouTube: SSE MBA Entrepreneurship Forum - Monetizing digital content.

Can you afford to provide poor customer service?

Wednesday, June 10th, 2009

It’s always frustrating to experience poor service but it can also be useful to be reminded of how frustrating it is.

At first, one would maybe think that startups cannot afford to provide good customer service due to resource contraints but I would say that it is rather the opposite: startups cannot afford poor customer service. When you are a startup, you don’t get that many chances and happy customers provide cash-flow as well as important references. And since so many large, dominant companies are unable to provide good service or think they don’t need to, this actually provides an excellent opportunity to lure customers away from them.

If you want to experience poor service, my safest bet would be to fly SAS. A cancelled flight doesn’t necessarily mean poor service, but it is when things go wrong (and they do go wrong quite often at SAS) you really can make a difference.

I was supposed to fly back from Helsinki to Stockholm to attend the Entrepreneurship Forum event this evening. After several hours of announcements about that more info will come later, rumor starting spreading that the flight had been cancelled. But instead of making an announcement about this and what the consequences would be, SAS kept quiet and instead people were getting really frustrated and started to head for the service desk. After an hour of queuing and individually being told that yes, the flight is cancelled, SAS announced that the flight was cancelled and everyone should head for the service desk.

First lesson, bad news are better that no news at all because at least you can adjust to the situation.

Okay, so how to spend 5 hours at an airport? Well, working would be my choice but working at an airport usually sucks unless you have access to the lounge. Therefore I head for the lounge and ask kindly if I could have access although I am only a Eurobonus Silver member. Well, of course not. Just because I have flown with SAS 25 times the last 10 months and they just ruined my evening without even an excuse didn’t qualify for a table with electricity and wireless access.

Second lesson: It is never too late to make up for things that go wrong. Or you can just continue to piss off your customers.

I find it fascinating that a struggling company such as SAS thinks they can afford to provide poor service. And it’s not like it is news to them. A great story from the 80’s when Jan Carlzon was still CEO. SAS was looking for a new PR-agency. When the agency was presenting their pitch to the mgmt team, they came 20 minutes late. Apparently Jan became furious and wanted to know what the hell was going on. The PR-company replied: ” We just wanted you to feel how your customer’s are feeling” (SAS was notorious for delays). According to the story, the PR-company actually got the deal. I am not sure if this story is true, but it’s still a good story about experiencing the frustration of poor service!

Meet Henrik Torstensson, Sorosh Tavakoli, Ted Valentin & Ville Vesterinen on June 10

Wednesday, May 27th, 2009

Before joining Creandum, I did an MBA at Stockholm School of Economics. The whole experience was really fantastic but many of us still felt a lack of entrepreneurial aspects in the curriculum and therefore we formed an initiative called the Entrepreneurship Forum with the aim to promote entrepreneurship and create a meeting place for everyone (students, entrepreneurs, investors) interested in entrepreneurship. Since then we have organized a number of events and last year we decided to create an annual event with a panel debate and networking opportunities.

Now it is time for our second annual event! We have gathered a really interesting panel who will discuss how to monetize digital content.

The panel includes Henrik Torstensson (SVP Stardoll and General Manager Piczo), Sorosh Tavakoli (CEO Videoplaza) and Ted Valentin (annonskartan, sushikartan etc), and will be moderated by Ville Vesterinen from Arctic Startup.

Hope to see you all on June 10!

What: Panel debate followed by a food and wine networking reception

Where: Stockholm School of Economics IFL - Sveavägen 63, Stockholm

When: June 10 from 18.00 (panel starts at 18.30)

Nota Bene: SEK 50 payable at the door to cover for food and drinks. Full-time students are free.

Please RSVP by June 5 latest by sending an email to courtney@open.se stating name & business/school. Seats are limited to 90 people so it’s first come first served.

Link to invitation on slideshare