San Francisco Seminar 2006
Day 5
Customer Centricity and Data-Driven Marketing

Introduction and Context
The final day of the San Francisco Seminar marked the conclusion of the academic program, while also pointing clearly toward the future. Through presentations by Professor Florian Zettelmeyer (Northwestern University, formerly Berkeley), participants were introduced to a new era of marketing—one in which data, customer insights, and decision support were placed at the center of the entire value chain.
The theme, “Customer Centricity: How to Bring Ideas to Market,” connected innovation with customer orientation and laid the foundation for how digital businesses would need to think in the decades that followed.
Program Overview
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Friday, March 17, 2006 – Haas School of Business, University of California, Berkeley
• Florian Zettelmeyer: Customer Centricity – How to Bring Ideas to Market
• Group Work and Discussion: Information-Intensive Marketing
• Closing Session and Summary of the Week by the Program Leadership
Key Topics
Zettelmeyer introduced the concept of “information-intensive marketing,” an approach that in many ways anticipated today’s data economy. He described how organizations could:
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use customer data to understand needs in real time,
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connect marketing, product development, and sales more closely,
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and develop processes in which insights drive innovation—not gut instinct.
He challenged participants to view marketing as a strategic function rather than merely a communication tool. It became clear that companies capable of turning information into action gain a competitive advantage that is difficult to replicate.

Case Studies
The cases presented showed how leading U.S. companies had begun to systematically use customer data to build loyalty and create more targeted campaigns. Zettelmeyer highlighted examples from the automotive and retail industries, where data collection was transforming both product strategy and marketing.
One particularly interesting point was that the customer journey needed to be understood as a dynamic process—not a linear purchase funnel—and that value is created when data is used to improve the entire experience, not just the sale.
Reflections and Discussion:
The discussions following the presentation focused on the balance between privacy and personalization, as well as how European companies could adapt to this new reality. Many participants raised questions about how organizations should be structured to support cross-functional collaboration between IT, marketing, and management.
Zettelmeyer was clear: success requires both technology and culture. “Without a culture that values evidence, information is just noise,” he said.
International Perspectives
For the Norwegian participants, the day was an eye-opener. While European organizations were still discussing channels, their American counterparts were talking about data integration and the quality of decision-making.
Several participants drew parallels to public-sector organizations and how a stronger customer focus could also lead to better public services.

What We Took Home With Us
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Customer centricity is not a department—it is a philosophy.
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Data without insight has no value.
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Innovation starts with understanding people—not technology.
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Silos kill value creation. The organizations of the future must be built on collaboration and knowledge sharing.
Relevance Today
Zettelmeyer’s message has proven to be prophetic. Today, nearly 20 years later, customer centricity is at the heart of everything from digital marketing to public service development.
AI, personalization, and real-time data build on the principles introduced that day.
San Francisco 2006 was therefore not only a professional highlight—it was a glimpse into a new era.
Peder Inge Furseth
Peder Inge Furseth was a key academic driving force behind the San Francisco seminars and played an important role in making the encounter with Silicon Valley relevant to Norwegian and European organizations. Through his role as a professor at BI Norwegian Business School and as academic director of the program, he helped participants place the presentations within a broader context—one in which technology, innovation, business development, and people had to be understood together.
In San Francisco, participants met entrepreneurs, researchers, technology leaders, and investors from some of the world’s most innovative environments. Furseth’s strength was his ability to connect these experiences with practical challenges and opportunities facing Norwegian organizations. He helped translate Silicon Valley’s ideas and ways of working into a
Nordic context where collaboration, trust, and long-term value creation play a central role.
Throughout the seminar series, he served as an important bridge between research, business, and technology. For many participants, he therefore became more than an academic leader—he was also a mentor who inspired them to think differently about innovation, digitalization, and commercialization.
Learn more about Peder Inge Furseth here
From Studies and Seminars to Today’s Knowledge Hub
The studies, seminars, and academic trips documented on this page form part of the knowledge base behind The Invisible Capital. Topics such as customers, technology, innovation, digitalization, and value creation have been part of this journey for several decades — while these fields have continued to evolve.
At The Invisible Capital, we continue exploring these questions through dedicated knowledge series. Here, earlier theory, research, and experience are connected with newer knowledge, emerging technologies, and today’s challenges facing people and organizations.
Innovation
Innovation is not just about new ideas. Value is created when knowledge, technology, and ideas are developed into products, services, processes, organizational forms, and business models that are actually put into use. The series on innovation traces the field from Schumpeter to modern innovation research and explores incremental, radical, disruptive, open, and user-driven innovation.
→ Explore the Innovation series
The Customer
The customer is not simply the recipient of what an organization produces. In a competitive market, the customer is a decisive factor in whether an organization actually succeeds in creating value. The series on the customer explores customer orientation, customer insight, customer experience, satisfaction, loyalty, trust, and the human interactions that shape the customer relationship.
→ Explore the Customer series
Value Creation
What does it really mean to create value — and who creates it? The Value Creation series moves from economic theory and influential thinkers to a broader understanding of how people, knowledge and skills, institutions, organizations, and the public sector contribute to value creation.
→ Explore the Value Creation series
Digitalization
Digitalization has evolved from individual technologies into a fundamental part of how organizations operate and create value. The Digitalization from A to Z series traces this evolution through the internet, the web, e-commerce, search, UX, social media, mobile, omnichannel, cloud, data, platforms, and digital transformation — leading up to today’s AI-first era.
→ Explore the Digitalization from A to Z series
Artificial Intelligence
Artificial intelligence represents the next chapter in the digital evolution. In our dedicated AI knowledge hub, we explore how artificial intelligence works, how AI finds and uses information, how it evaluates sources and websites, and what this development could mean for people, organizations, and value creation.
→ Explore the articles on Artificial Intelligence
Recommended Reading
Competing on Analytics
A key book on how organizations use data, analytics, and insights as a strategic competitive advantage. Thomas H. Davenport and Jeanne G. Harris show how analytics can transform vast amounts of data into better decisions, greater precision, and more targeted business management.









