The Problem with EFM: No one knows what it is!
If the title of this article caught your attention you probably just said to yourself one of two things: "What the hell is EFM?" or, "I know what it means, but no one else does," both of which bear out my overall frustration for working under an industry heading no one understands.
OK, so for all of you who are dying to know, EFM stands for Enterprise Feedback Management, or as we in the industry like to say EFM systems. And yes, if you say this to anyone, their eyes will glaze over and they'll do practically anything to change the subject. If you're charming enough to hold their attention, you can even attempt to slide in a bit of additional explanation by quoting Wikipedia: "EFM is a system of processes and software that enables organizations to centrally manage deployment of surveys while dispersing authoring and analysis throughout an organization." Try it. I guarantee that you will have no friends or customers, and even strangers at dinner parties will pretend to be occupied with the veggie platter rather than talk to you.
For an industry that espouses the virtues of providing clients with clear information on their customers and markets, why have we accepted such an idiotic, meaningless label to describe what we do? It is obvious that whoever came up with the term EFM doesn't work directly in our industry because EFM simply doesn't resonate with customers. You'd be much better off saying what has worked from day-one, "We develop online survey software". At least people will understand what you're talking about.
The first time I heard the expression EFM was sometime back in 2007 when one of the boffins at Forrester contacted our company to help out with some research they were doing on the online survey industry. Sent to us, was a spreadsheet with a bunch of cells that we were asked us to fill out, which was all swell and fine. However, at the top of the spreadsheet was the heading Enterprise Feedback Management Vendors. I cringed, scratched my head, then picked up the phone and called our CTO. The conversation went something like this:
"Hey Dan, did you know we are a major player in the EFM market?"
"Terrific. What is EFM if you don't mind me asking…"
To begin with, I don't accept or pander to stupid jargon, and the fact that I still cringe every time I hear this term means something must be done. So, as my duty to making the world a better place, I submit to everyone on this day in history, to drop the EFM moniker and adopt something more descriptive. Ready for it?
Customer Data Management
Sounds good huh? I thought you'd like it. Even the people at the veggie platter are looking interested.
Seriously though, if you stop and think about how our industry has evolved and what it is we do: collecting, analyzing, and reporting data taken from online surveys and forms, integrating this data in a meaningful way with other customer information and business metrics; then I think we've got a much better definition of what we do, and can offer customers.
Additionally, EFM, or online survey systems per se, have grown well beyond providing customers with the ability to centrally manage data collection regardless of where they are located. The arcane and narrow definition of EFM no longer works (not that it ever did).
So, on this day forward, join me in banning EFM from business vernacular forever. Long live Customer Data Management! (Even the acronym CDM sounds better than EFM.
Janet Taylor - About Author:
Janet Taylor writes for InSite Systems, a leader in surveys systems and a pioneer of online survey software. For more information about our online survey tool visit http://www.insitesystems.com
Published by Pranav Thakker on December 15th 2011 | Software
Published by Micel Anderson on December 21st 2011 | Computer
Published by Lamar Wisneski on January 20th 2012 | Computer
Published by Pawantechmagnate on April 12th 2012 | Computer
Published by Jack on May 29th 2012 | Computer
Published by Avena Sowell on May 4th 2012 | Computer
Published by FlatroxTechnoSolution TechnoSolution on November 30th 2011 | Computer
Published by Lamar Wisneski on February 16th 2012 | Computer
Published by Julia Bennet on January 23rd 2012 | Computer
Published by Pawantechmagnate on February 15th 2012 | Computer
Published by Desiree on January 10th 2012 | Software
Published by Sophia Milller on February 21st 2012 | Computer
Published by Chris Wilson on November 26th 2011 | Computer
Published by Juegosen Guerra on May 8th 2012 | Computer
Published by Sam Anderson on July 19th 2012 | Software
Published by Elizabeth Cooper on March 19th 2012 | Software
Published by Jane Cyrus on April 11th 2012 | Computer
Published by Terry Littrell on July 19th 2012 | Software
Published by Alberta Reid on December 27th 2011 | Computer
Published by Vivekcis on December 30th 2011 | Software