This chapter explores the integration of social media into Customer Relationship Management (CRM), highlighting its significance in modern business practices. It covers the rise of social media in business, focusing on key platforms and their impact on CRM. The chapter discusses strategies for integrating social media into CRM, emphasizing the importance of aligning these with business objectives. It examines tools and technologies for effective integration, engagement techniques, personalization strategies, and the role of social media in customer support. Additionally, it addresses ethical and legal considerations and forecasts future trends in social media and CRM integration.
Part of the book: Customer Relationship Management - Contemporary Concepts and Strategies [Working title]
This chapter investigates the evolving landscape of cybersecurity and risk management, highlighting their newfound prominence in corporate governance. The narrative emphasizes the integral role of boards and executives in orchestrating robust cybersecurity governance, recognizing it as a strategic necessity rather than a mere technical aspect. Legal and regulatory considerations, notably General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA), are explored as critical dimensions influencing cybersecurity governance. The integration of cybersecurity into corporate governance frameworks is dissected, underscoring the importance of aligning strategies with enterprise risk management. The chapter further explores the dynamic cybersecurity landscape, detailing the surge in sophisticated threats such as ransomware, phishing, and state-sponsored cyber activities. It concludes by outlining best practices, including proactive risk assessments, fostering security awareness, and the continuous evolution of cybersecurity governance. The future outlook encompasses emerging technologies, international collaboration, and the integration of cybersecurity into board-level decision-making, presenting a holistic vision for resilient corporate governance in the digital age.
Part of the book: Corporate Governance - Evolving Practices and Emerging Challenges [Working title]