Archive for January, 2012

Monday Morning Rise and Shine 01.30.12

Monday, January 30th, 2012


January 30, 2012 – Issue #42

ROI of Silence and Solitude

The soul is like a wild animal – tough, resilient, resourceful, savvy, self-sufficient. It knows how to survive in hard places. But it is also shy. Just like a wild animal, it seeks safety in the dense underbrush. If we want to see a wild animal, we know that the last thing we should do is go crashing through the woods yelling, for it to come out. But if we walk quietly in the woods, sit patiently by the base of the tree and fade into our surroundings, the wild animal we seek might put in an appearance.
Parker Palmer, A Hidden Wholeness

The quickest way to build your capacity is to add silence and solitude to your list of daily practices. Taking time alone to reflect, think, plan and just be will do far more for you than keeping yourself busy and inundated with the noise and constant stimulations that compete for our attention. The benefits that you will receive will far outweigh your guilt for not being more productive or your discomfort with quiet. You will gain:

  • Access to your inner creativity
  • Clarity
  • Opportunities to tap into insights that go beyond typical thinking processes

This Week’s Action: Pick a time and location that feels comfortable and safe from distractions and disruptions and simply do nothing. Try it for five minutes and see what happens.

You may subscribe and encourage others to subscribe by clicking here.

© Betsy Jordyn and Lisa Martin 2012. All rights reserved.

ReThink: Customer Service Matters More than Ever Before

Saturday, January 28th, 2012


January 28, 2012

Prevailing business wisdom:
Customer service doesn’t matter as much today.

Consider this alternative idea:
Customer service always matters and even more in challenging economies.


Customer service is a part of every business and every role. It doesn’t matter where you sit in an organization or what industry you are in. Ultimately people in organizations provide products and services to individuals and those products and services are delivered in the context of a person-to-person exchange. Regardless of the economy, a great customer experience yields trust, intent to recommend and positive word of mouth. In contrast, a negative experience leads to lower customer retention rates, complaints and poor word of mouth.

Click here to learn more about the three elements of an exceptional customer experience.

Click here for an article that shows the connection between customer service and the business results enjoyed by Amazon.

Betsy
Accelera Consulting Group
407-376-8622
betsy@ACCELERACONSULTINGGROUP.COM
www.acceleraconsultinggroup.com

Clients call Betsy Jordyn “the ultimate think partner for growth oriented senior leaders.” A consultant, mentor and executive coach, Betsy helps great people and organizations be even better by igniting their potential and talent.

Elements of Exceptional Customer Service Experiences

Friday, January 27th, 2012

Exceptional customer experiences must be first understood in terms of the desired results of a customer/employee interaction (how customers feel as a result of the experience). The following are three outcomes each customer service experience should enhance:

Action steps to ensure your customer service experiences are exceptional:

  1. Gather data: Find out from your customers to what degree that they experience these outcomes as a result of their experience with your employees. Find out what your employees do (and don’t do) that interferes with your customer’s intent to repeat and recommend.
  2. Define high priority expectations: Use this data to better define what YOUR employees need to do at your customer/employee moments of truth. Data is essential because every organization is different and what value you are promising is not the same as even your competitors. For example, what drives intent to repeat and recommend differs between Target and Wal-mart customers, even though they are in the same industry. Find out what matters most to your customers.
  3. Translate high priority expectations into clear employee performance expectations. Use the outcomes to drive decisions on how your employees need to behave. Create meaningful performance objectives tied into related measures that your leaders can use to help guide and coach your employees.

Monday Morning Rise and Shine 01.23.12

Monday, January 23rd, 2012


January 23, 2012 – Issue #41

Balance Thinking and Action
You become more personally powerful when you balance your external action with internal reflection and contemplation. Action without thought and replenishment (which is far, far more common in corporate life and western culture) leads to:

  • Frenzied activity
  • Controlling efforts to impose your own will
  • Pay later decisions (ones that require a great deal of rework, hidden costs, etc.)
  • And ultimately…
    • Frantic exhaustion
    • Burnout
    • Sense that our souls are fragmented

When you take a more balanced approach, you achieve greater capacity that enables:

  • Your best decisions
  • Growth
  • Resilience to handle challenges and setbacks

This Week’s Action: Assess how well you balance your actions with reflection.

You may subscribe and encourage others to subscribe by clicking here.

© Betsy Jordyn and Lisa Martin 2012. All rights reserved.

ReThink: What a Customer Wants

Saturday, January 21st, 2012


January 21, 2012

Prevailing business wisdom:
Customers are looking for the best price in today’s business environment.

Consider this alternative idea:
Customers are looking for price/value regardless of the business environment.


Your customers have a psychological need to create balance. If they feel like they paid more than their experience with you warrants, they will create balance by complaining and badmouthing you to others. If they feel like they paid less for the fantastic experience they received, they will create balance by singing your praises to others. Their intent to repeat and recommend will dramatically go up, which translates to long-term sustainable profitable growth.

Low prices do not transform your customers into brand evangelists. Great value for the money does.

Check out my recommendation of The Ultimate Question 2.0 (which provides a “Net Promoter” measurement system) here.

Is your organization struggling with employees who have quit and stayed? If so, join Ken Blanchard, Lee Cockerell, myself and 40+ other speakers in a free livecast (on January 25 at 8am PST) designed to provide you solutions to this very issue. Click here to sign up: http://www.kenblanchard.com/LeadershipLivecast/

Betsy
Accelera Consulting Group
407-376-8622
betsy@ACCELERACONSULTINGGROUP.COM
www.acceleraconsultinggroup.com

Clients call Betsy Jordyn “the ultimate think partner for growth oriented senior leaders.” A consultant, mentor and executive coach, Betsy helps great people and organizations be even better by igniting their potential and talent.

Book Recommendation – “The Ultimate Question 2.0 by Fred Reichheld and Rob Markey”

Friday, January 20th, 2012

I have a long-held belief that brand strength directly correlates with customer satisfaction. A customer has to be consistently satisfied in order to move along the continuum towards becoming a brand lover (one that uses your products/services time and time again) to brand loyalists (exclusively uses only your brand) to ultimately a brand evangelist (actively recommends you to others.) See visual below.

What I appreciate about the book “The Ultimate Question 2.0 (Revised and Expanded Edition): How Net Promoter Companies Thrive in a Customer-Driven World” is that is provides the following:

  • Clear data that not only proves my belief that satisfaction leads to brand evangelism but also the connection between brand evangelism (my words) to sustainable profits.
  • Distinction between good profits and bad (bad profits are the earnings that do not endure vs. good profits earned by the creation of value).
  • The reality is that there are no short cuts to good profits. No silver bullets.
  • The ultimate question that all customers should be asked: “how likely is it that you would recommend this company to a friend or colleague?”
  • An approach for measuring success against this question and what actions to take that include getting your organization and employees aligned.

I believe that the principles that relate to customer service can be applied to improving employee engagement. For example, if you want to create employees who invest their discretionary effort with you (like we want our customers to invest their discretionary income with us), then you need to focus on trust. You can measure trust in that same simple question: “how likely is it that you would recommend working for this company to a friend or colleague.”

Trust is one of those often agreed principles that can be more theoretical and abstract to understand, measure and improve. This book provides an excellent means for quantifying what may on the surface appear to be unquantifiable. It takes out the mystery and replaces it with clear actions.

For more information on this book, check out: http://www.netpromotersystem.com/book/index.aspx

Monday Morning Rise and Shine 01.16.12

Monday, January 16th, 2012


January 16, 2012 – Issue #40

The Luxury of Capacity
Time management is overrated. The real secret to dealing with higher workloads and demands on your time is to focus on increasing your capacity. You have high capacity when you have the inner reserves required to enable you to act in the most effective manner. See visual below.

Rethink time management as self-management. Lack of time can be a barrier but it is only a symptom, not the cause.

This Week’s Action: Pay attention to your stress level and assess if you have the inner reserves to adequately deal with the challenges that your typical day brings you.

You may subscribe and encourage others to subscribe by clicking here.

© Betsy Jordyn and Lisa Martin 2012. All rights reserved.

ReThink: The Power of Collaborative Strategic Planning

Saturday, January 14th, 2012


January 14, 2012

Prevailing business wisdom:
My finance team is more than capable of taking charge of my annual planning.

Consider this alternative idea:
Strategic planning to be truly effective has to be done in collaboration between finance, marketing, operations AND human resources.


Too often strategic plans fall short of their potential. The issue isn’t because of the quality of the work. The reason that they fall apart is that they don’t take in account all the required perspectives that enable promises to be made AND delivered to customers. Consider your annual planning to be a strategic BRANDING exercise where you evaluate your potential and capacity to consistently deliver on your customer promises.

When you make strategic branding a collaborative exercise, you will:

  • Improve your ability to transform your customers from merely being satisfied to becoming true brand loyalists and evangelists
  • Increase your brand competence and your organization’s ability to deliver on your brand promises
  • Better position your employees to live your brand
  • Ensure that your brand promises match your customer’s expectations and what they find most important
  • Eliminate wasted time in meaningless strategic planning and/or branding conversations
  • Improve your organization’s health and ability to work across departmental silos

Click here for “The Business Case for Collaborative Branding”

Is your organization struggling with employees who have quit and stayed? If so, join Ken Blanchard, Lee Cockerell, myself and 40+ other speakers in a free livecast (on January 25 at 8am PST) designed to provide you solutions to this very issue. Click here to sign up: http://www.kenblanchard.com/LeadershipLivecast/

Betsy
Accelera Consulting Group
407-376-8622
betsy@ACCELERACONSULTINGGROUP.COM
www.acceleraconsultinggroup.com

Clients call Betsy Jordyn “the ultimate think partner for growth oriented senior leaders.” A consultant, mentor and executive coach, Betsy helps great people and organizations be even better by igniting their potential and talent.

The Business Case for Collaborative Branding

Friday, January 13th, 2012

A brand is a promise that a company makes and consistently delivers to its customers. However, an organization doesn’t fulfill those promises. The employees of the organization do. It is for this reason that your strategic brand conversations must be collaborative because your marketing department makes the promises that the people in your operations (supported by human resource practices) deliver on.

Therefore, the business case for collaborative branding must begin with an understanding of the correlation between how engaged your employees are, their performance and your ability to fulfill your brand promises and ultimately your sustainable brand worth. Employee engagement relates to what extent your employees are emotionally and rationally committed to your organization. The outputs of engagement are: intent to stay and investment of discretionary effort. More engaged employees will go above and beyond for your customers time and time again.

The business case is summarized in the chart below.

  • According to a 2005 study from the Corporate Leadership Council on engagement, there is a “The 10:6:2” Rule which means:
    • Every 10% improvement increases in commitment can increase an employee’s effort by 6%
    • Every 6% improvement in effort can increase an employee’s performance by 2%
  • Customer “wins” is when your organization is able to strongly deliver on what is absolutely the most important to your customer (that he or she may or not have been aware of.) A “win” is what your do to far exceed your customer’s expectations. The research team at Walt Disney World was able to quantify the linkage between increasing the number of wins to customer satisfaction and ultimately to revenue.

This business case provides the burning platform for your marketing, operations, finance and human resource executives to work together on your annual strategic brand planning.

The truth is that there is a strong business case for engaging your employees in your mission and brand and it can be quantified. You may or may not have the expertise in house, you may or may not have the solid employee or customer data readily at hand. However, taking the time to create this business case will demonstrate for you and for the rest of your organization that your brand investment is one like any other investment and you should expect a return on it. However, to truly realize the return, you have to look broader than the simple metrics of customer acquisition (# of new prospects, etc.) because if you do, you are leaving money on the table. Increasing the number of new customers and revenue streams is important. But what if you could get those new customers and revenue streams while minimizing your marketing dollars? It is for this reason, you want to establish your business case. When your employees live your brand, your return on your brand investment will be exponentially higher because:

  • Your perceived integrity will be higher
  • The speed of your brand equity growth will be accelerated
  • You will be able get these results by maximizing your existing assets (less marketing dollars, maximizing the return on your human capital investment)

Three Key Actions

  1. Collect baseline data on your current levels of employee engagement (the extent your employees are rationally and emotionally committed to your organization) and customer satisfaction.
  2. Identify the drivers of employee engagement and what constitutes a win in the minds of your customers
  3. Find measurement experts who can help you connect the dots between these data points and your revenue achievement and brand worth.

Monday Morning Rise and Shine 01.09.12

Monday, January 9th, 2012


January 9, 2012 – Issue #39

Are You Successful?
If you believe that achieving success means more than how much money you make, you need to expand the indicators you use to track, measure and evaluate it. Consider adding:

  1. Purpose – to what degree am I living in alignment with my values, talents and passion?
  2. Presence – to what degree am I able to be fully alive and connected to whatever I am doing, whoever I am with?
  3. Peace – to what degree do I have a sense of inner contentment?
  4. Personal power – to what degree is my sense of self derived internally (vs. externally)?

This Week’s Action: Add these measures to your 2012 Success and Significance Plan and see how much value you want to (and do) gain and give this year.

You may subscribe and encourage others to subscribe by clicking here.

© Betsy Jordyn and Lisa Martin 2012. All rights reserved.