Transcript
Page 1: #1 (of 14): First Things BEFORE First Things: First Things BEFORE First Things: Conrad Hilton’s Commandment

#1 (of 14):#1 (of 14):

First Things First Things BEFOREBEFORE First First

Things: Things: Conrad Hilton’sConrad Hilton’sCommandmentCommandment

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CONRADCONRAD HILTONHILTON, at a gala celebrating, at a gala celebrating his career, was called to the podium and his career, was called to the podium and

asked,asked, “What were the most important

lessons you learned in your long and

distinguished career?” His answer …His answer …

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““Remember Remember to tuck the to tuck the

shower curtain shower curtain inside the inside the bathtubbathtub.”.”

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““EXECUTION EXECUTION ISIS STRATEGY.”STRATEGY.”

—Fred Malek—Fred Malek

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LONGLONG

Tom Peters’Tom Peters’

IMs to Dog Biscuits:IMs to Dog Biscuits:

In Search of In Search of Experience Experience

Excellence.2015Excellence.2015Nissan North AmericaNissan North America

Customer Quality SummitCustomer Quality SummitOctober 2015October 2015

((Slides at tompeters.com; also see our annotated 23-part Master Compendium at excellencenow.com)Slides at tompeters.com; also see our annotated 23-part Master Compendium at excellencenow.com)

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Tom Peters’Tom Peters’

IMs to Dog Biscuits:IMs to Dog Biscuits:

In Search of In Search of Experiences Experiences That Rock That Rock

(& Are Remembered(& Are Remembered!!))Nissan North America/Customer Quality Summit/Nissan North America/Customer Quality Summit/

October 2015October 2015((Slides at tompeters.com; also see our annotated 23-part Master Compendium at excellencenow.com)Slides at tompeters.com; also see our annotated 23-part Master Compendium at excellencenow.com)

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#2:#2: TGRsTGRs & the & the “8/80” Fiasco:“8/80” Fiasco:

Towards Towards “EXPERIENCES” “EXPERIENCES”

That Rock!That Rock!

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CustomersCustomers describing their service describing their service

experience as “superior”: experience as “superior”: 88%%ComComppaniesanies describing describing

the service experience they provide the service experience they provide asas

“ “superior”: superior”: 8080%%——Source: Source: Bain & Company survey of 362 companiesBain & Company survey of 362 companies, reported in John DiJulius,, reported in John DiJulius,

What's the Secret to Providing a World-class Customer Experience?What's the Secret to Providing a World-class Customer Experience?

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Conveyance: Kingfisher Air Conveyance: Kingfisher Air Location: Approach to New DelhiLocation: Approach to New Delhi

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““May I clean May I clean your glasses, your glasses,

sir?”sir?”

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Conveyance: Southwest Airlines Conveyance: Southwest Airlines Location: Boarding flight to BWI, Location: Boarding flight to BWI, Albany NYAlbany NY

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““May I help May I help you down you down

the jetway?”the jetway?”

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& Are & Are RememberedRemembered

“Courtesies of a small and “Courtesies of a small and trivial character are the ones trivial character are the ones which strike deepest in the which strike deepest in the grateful and appreciating grateful and appreciating

heart.”heart.” —Henry Clay

"Let's not forget that small "Let's not forget that small emotions are the great emotions are the great

captains of our lives."captains of our lives." –—Van Gogh–—Van Gogh

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<TG<TGWandand … …

>TG>TGRR(Things Gone (Things Gone WRONG-Things Gone -Things Gone RIGHTRIGHT))

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7X.7X. 7:30A-8:00P. 7:30A-8:00P.

F12A.F12A.7:30AM = 7:15AM.7:30AM = 7:15AM.8:00PM = 8:15PM.8:00PM = 8:15PM.

(2,000,000)(2,000,000)Source: Vernon Hill, Source: Vernon Hill, Fans, Not CustomersFans, Not Customers

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It It BEGINSBEGINS (and (and ENDSENDS) )

in the …in the …

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PARKINGPARKING LOTLOT* *

*Disney*Disney

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CARL’SCARL’S STREET- STREET-

SWEEPERSWEEPER***Flowers on the showroom floor/Stanley Marcus; *Flowers on the showroom floor/Stanley Marcus;

mechanics’ uniforms;mechanics’ uniforms; Will Milbury won’t show us a house; etc.Will Milbury won’t show us a house; etc.

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NOT “Consultantese”NOT “Consultantese”

““ExExpperienceseriences are as distinct are as distinct from servicesfrom services

as services are as services are from goods.”from goods.”

—Joe Pine & Jim Gilmore, —Joe Pine & Jim Gilmore, The Experience Economy: The Experience Economy: Work Is Theatre & Every Business a StageWork Is Theatre & Every Business a Stage

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““At our core, we’re a coffee company, but the At our core, we’re a coffee company, but the opportunity we have to extend the brand is opportunity we have to extend the brand is

beyond coffee.beyond coffee. IT’S ENTERTAINMENTIT’S ENTERTAINMENT.”.” —Howard Schultz

“When Pete Rozelle ran the NFL, it was a “When Pete Rozelle ran the NFL, it was a

football business and a good one.football business and a good one. NOW IT’S NOW IT’S TRULY AN ENTERTAINMENT TRULY AN ENTERTAINMENT BUSINESSBUSINESS.”.”

—Paul Much, Investment Advisor—Paul Much, Investment Advisor

Boston GlobeBoston Globe: : ““Why did you Why did you [Berkshire Hathaway][Berkshire Hathaway] buybuyJordanJordan’’s Furniture?s Furniture?””Warren BuffettWarren Buffett: : ““JordanJordan’’s is spectacular.s is spectacular.

ITIT’’S ALL SHOWMANSHIPS ALL SHOWMANSHIP..””

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CCXXO*O**Chief e*Chief eXXperience Officerperience Officer

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Will Milbury Will Milbury won’t show won’t show us a house!us a house!

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Mr. Watson’s shirts Mr. Watson’s shirts and ties* **and ties* **

*Walsh year #1: 2-14 *Walsh year #1: 2-14 ****Marvin and the pocket protector/SF loses the hats**Marvin and the pocket protector/SF loses the hats

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LISTLIST

Service > sales in “Age of ZMOT" (process of deduction)Service > sales in “Age of ZMOT" (process of deduction)

Mechanics-as-gods (any idiot can fly a plane)Mechanics-as-gods (any idiot can fly a plane)Mechanics' uniforms (Watson)Mechanics' uniforms (Watson)Great hours, especially service (Commerce)Great hours, especially service (Commerce)))Mechanics hired for SWA criteria (listening, caring, saying thank you, Mechanics hired for SWA criteria (listening, caring, saying thank you, being warm)being warm)

Clean Clean innardsinnards

CleaClean n serviced car (looks detailed)serviced car (looks detailed)

CleanClean (street sweeper, parking lot) (Dairy farm: "You can eat off the (street sweeper, parking lot) (Dairy farm: "You can eat off the floor")floor")After-service (after-sale) visible "white glove" teamAfter-service (after-sale) visible "white glove" team

CleanClean loaner (good loaner program/Susan) loaner (good loaner program/Susan)AAA lookalikeAAA lookalikeLoaner at discount fee after big accident Loaner at discount fee after big accident

Point out what you've done (Bob Wilson @ Elgin Box)Point out what you've done (Bob Wilson @ Elgin Box)Recognition (for service, finance people > sales Recognition (for service, finance people > sales recognition; Creech's "drive by")recognition; Creech's "drive by")Give buyer hotline with names; intro to those folkGive buyer hotline with names; intro to those folkDealer's phone #Dealer's phone #

Do more stuff (Do more stuff (UUnited nited PProblem roblem SSolvers/BB’s Geek olvers/BB’s Geek Squad)Squad)

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No gobbeltygook re finance/K.I.S.S.No gobbeltygook re finance/K.I.S.S.

NEVERNEVER wait outside the finance office wait outside the finance officeAttitude in finance > Attitude in sales!!Attitude in finance > Attitude in sales!!

Hire for attitude in finance!Hire for attitude in finance! (any idiot can add)(any idiot can add)

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Museum of cool carsMuseum of cool cars (T. Sturgess) (or electric trains, or bonsai) (T. Sturgess) (or electric trains, or bonsai) Available for community events (field in back of dealership)Available for community events (field in back of dealership)Specialty group you support BIG Time ( think women--Half the Sky)Specialty group you support BIG Time ( think women--Half the Sky)

Handwritten thank you notes (Campbell/30K/10 years)Handwritten thank you notes (Campbell/30K/10 years)Multi-lingual as appropriate (sales, finance, service)Multi-lingual as appropriate (sales, finance, service)““Cool stuff” (Zoe) (spontaneous)Cool stuff” (Zoe) (spontaneous)Never too late to add featuresNever too late to add featuresHelp with "stuff" (Susan's bad roof rack advice)Help with "stuff" (Susan's bad roof rack advice)Cater to kidsCater to kidsDog biscuits (Commerce)Dog biscuits (Commerce)Community service support (Body Shop)Community service support (Body Shop)

Entertainment (Griffith's/ Nordstrom's Entertainment (Griffith's/ Nordstrom's pianospianos))Annual thank you event for customers $$$$$$Annual thank you event for customers $$$$$$Apologize for little things which more or less weren't your faultApologize for little things which more or less weren't your faultDealer on the frigging floorDealer on the frigging floorStudy psychologyStudy psychologyRead Read Retail Superstars, Small GiantsRetail Superstars, Small Giants

Product-service-experience-lovemarkProduct-service-experience-lovemark

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JUNGLE JIM’S INTERNATIONAL MARKET, FAIRFIELD, OHJUNGLE JIM’S INTERNATIONAL MARKET, FAIRFIELD, OH::

““An adventure in An adventure in ‘‘shoppertainment,’shoppertainment,’ begins in begins in

the parking lot and goes on to the parking lot and goes on to 1,6001,600 cheeses and cheeses and

1,4001,400 varieties of hot sauce—not to mention 12,000 wines priced varieties of hot sauce—not to mention 12,000 wines priced

from from

$8-$$8-$8,0008,000 a bottle; all this is brought to you by a bottle; all this is brought to you by

4,0004,000 vendors. Customers from every corner of the globe.” vendors. Customers from every corner of the globe.”

BRONNER’S CHRISTMAS WONDERLAND, FRANKENMUTH, MIBRONNER’S CHRISTMAS WONDERLAND, FRANKENMUTH, MI, POP , POP

5,0005,000:: 98,000-square-foot “shop” features 98,000-square-foot “shop” features 6,0006,000 Christmas Christmas

ornaments, ornaments, 50,00050,000 trims, and anythingtrims, and anything else you can name else you can name

pertaining to Christmas. …”pertaining to Christmas. …”

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*Basement Systems Inc. *Basement Systems Inc. (Larry Janesky/Seymour CT)(Larry Janesky/Seymour CT)

**Dry Basement ScienceDry Basement Science (100,000++ copies!) (100,000++ copies!)*1990: $0; 2003: $13M; *1990: $0; 2003: $13M;

2010: 2010: $80,000,000$80,000,000

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#3:#3: TGRs/ TGRs/LBTs*LBTs*

*Little*Little BIGBIG Things Things********************************

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Big carts =Big carts =

1.5X1.5XSource: WalmartSource: Walmart

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Las Vegas Casino/2X:Las Vegas Casino/2X:

“When Friedman“When Friedman slisligghtlhtly y curvedcurved the right angle of an the right angle of an

entrance corridor to one property, he was entrance corridor to one property, he was ‘amazed at the magnitude of change in ‘amazed at the magnitude of change in

pedestrian behavior’—the percentage who pedestrian behavior’—the percentage who

entered increased fromentered increased from oneone--thirdthird to to

nearlynearly twotwo--thirdsthirds.”.”

——Natasha Dow Schull, Natasha Dow Schull, Addiction By Design: Machine Gambling in Las VegasAddiction By Design: Machine Gambling in Las Vegas

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METHODOLOGYMETHODOLOGY

(1)(1) AMENABLE TO RAPID AMENABLE TO RAPID EXPERIMENTATION/ FAILURE “FREE”EXPERIMENTATION/ FAILURE “FREE” (NO BAD “PR,” NO $$)(NO BAD “PR,” NO $$)(2)(2) QUICK/INEXPENSIVE TO IMPLEMENT/ QUICK/INEXPENSIVE TO IMPLEMENT/ QUICK/INEXPENSIVE TO ROLL OUTQUICK/INEXPENSIVE TO ROLL OUT(3)(3) HUGE (POTENTIAL) MULTIPLIER HUGE (POTENTIAL) MULTIPLIER(4) (4) AN “ATTITUDE”/“CULTURE” AN “ATTITUDE”/“CULTURE” (WTTMSW/WHOEVER TRIES THE (WTTMSW/WHOEVER TRIES THE MOST STUFF WINS)MOST STUFF WINS)(5)(5) AN “ALL HANDS” GAME. AN “ALL HANDS” GAME.

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#4:#4: TGRs: TGRs: 3 Minutes3 Minutes

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THE PROBLEM IS THE PROBLEM IS RARELY/RARELY/NEVERNEVER THE THE

PROBLEM. THEPROBLEM. THE

RESPONSERESPONSE TO THE TO THE PROBLEM INVARIABLY PROBLEM INVARIABLY ENDS UP BEING THE ENDS UP BEING THE

REAL PROBLEM.REAL PROBLEM.(OPPORTUNITY)(OPPORTUNITY).

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Relationships (of all varieties): THERE ONCE THERE ONCE WAS A TIME WHEN A WAS A TIME WHEN A

THREETHREE--MINUTEMINUTE PHONEPHONE CALLCALL WOULD WOULD

HAVE AVOIDED SETTING OFF THE HAVE AVOIDED SETTING OFF THE DOWNWARD SPIRAL THAT DOWNWARD SPIRAL THAT RESULTED IN A COMPLETE RESULTED IN A COMPLETE

RUPTURE.RUPTURE.**

*Divorce, loss of a BILLION $$$ aircraft sale, etc., etc.*Divorce, loss of a BILLION $$$ aircraft sale, etc., etc.

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With a new and forthcoming policy on apologies …With a new and forthcoming policy on apologies …

Toro, the lawn mower folks, Toro, the lawn mower folks, reduced the average cost of reduced the average cost of

settling a claim from settling a claim from

$$115,000115,000 in 1991 to in 1991 to

$$35,00035,000 in 2008—and the in 2008—and the company hasn’t been to trial company hasn’t been to trial

in the lastin the last 1515 y yearsears! !

Source: John Kador, Source: John Kador, Effective ApologyEffective Apology

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10.23.210.23.2 18 18 ……

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#5:#5: TGRs: TGRs: **

1818

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“The doctor interrupts after …*

*Source: Jerome Groopman, How Doctors Think

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18 …

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“The doctor interrupts after …*

*Source: Jerome Groopman, How Doctors Think

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18 … seconds!

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Best Listeners Win …Best Listeners Win …

““IF YOU DON’T IF YOU DON’T LISTEN, YOU LISTEN, YOU DON’T SELL DON’T SELL ANYTHING.”ANYTHING.”

——Carolyn MarlandCarolyn Marland

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*8 of 10 sales presentations fail*8 of 10 sales presentations fail

*50% failed sales *50% failed sales

presentations … presentations … talkingtalking “at” before “at” before listening! listening!—Susan Scott, “Let Silence Do the Heavy Lifting,” chapter title, —Susan Scott, “Let Silence Do the Heavy Lifting,” chapter title, Fierce Conversations: Achieving Success at Work and in Life,Fierce Conversations: Achieving Success at Work and in Life,One Conversation at a TimeOne Conversation at a Time

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10 Essential Selling Principles Most Salespeople Get Wrong 10 Essential Selling Principles Most Salespeople Get Wrong

1. Assuming the problem that the prospect communicates 1. Assuming the problem that the prospect communicates is the real problem. is the real problem.

2. Thinking that your sales “presentation” will seal the 2. Thinking that your sales “presentation” will seal the deal.deal.

3. 3. Talking too Talking too much.much.

4. Believing that you can sell anybody anything. 4. Believing that you can sell anybody anything. 5. Overeducating the prospect when you should be selling. 5. Overeducating the prospect when you should be selling. 6. Failing to remember that salespeople are decision-6. Failing to remember that salespeople are decision-

makers, too.makers, too.7. Reading minds. 7. Reading minds. 8. Working as an “unpaid consultant” to seal the deal.8. Working as an “unpaid consultant” to seal the deal.9. Being your own worst enemy.9. Being your own worst enemy.10. Keeping your fingers crossed that a prospect doesn’t 10. Keeping your fingers crossed that a prospect doesn’t

notice a problem. notice a problem.

Source: Source: ForbesForbes/0503.13/0503.13

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#6:#6: Spread Your Spread Your WingsWings

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UUPPSS toto

UPUPSS

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UPS = UUPS = Unitednited PProblemroblem

SSolversolvers

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I. LAN Installation Co. (3% local market share)

II. Geek Squad. (30% local market share with name change.)

III. Acquired by Best Buy.

IV. FLAGSHIP OF BEST BUYFLAGSHIP OF BEST BUY WHOLESALE “SOLUTIONS” WHOLESALE “SOLUTIONS”

STRATEGY MAKEOVER. STRATEGY MAKEOVER.

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#7/TGRs:#7/TGRs: Women BUYWomen BUY

(Everything)(Everything)!!

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Women BUYWomen BUY

(Everything)(Everything) !!

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$28,000,$28,000,000,000,000,000,

000000..

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W W > > 2X2X (C + (C + I)*I)*

**“Women now drive the global economy. Globally, they control about “Women now drive the global economy. Globally, they control about $20 trillion in consumer spending, and that figure could climb as high as $20 trillion in consumer spending, and that figure could climb as high as

$28 TRILLION$28 TRILLION in the next five in the next five

years. Their $13 trillion in total yearly earnings could reach $18 trillion years. Their $13 trillion in total yearly earnings could reach $18 trillion in the same period.in the same period. In aggregate, women represent a growth market bigger than China and India In aggregate, women represent a growth market bigger than China and India

combined—more than twice as big in fact. Given those numbers, it would be foolish to ignore or underestimate the combined—more than twice as big in fact. Given those numbers, it would be foolish to ignore or underestimate the female consumer. female consumer.

And yet many companies do just that—even ones that are confidant that they have a winning strategy whenAnd yet many companies do just that—even ones that are confidant that they have a winning strategy when it comes to women. Consider Dell’s …”it comes to women. Consider Dell’s …”

Source: Michael Silverstein and Kate Sayre, “The Female Economy,” Source: Michael Silverstein and Kate Sayre, “The Female Economy,” HBRHBR

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““Forget CHINA, Forget CHINA, INDIA and the INDIA and the

INTERNET: Economic INTERNET: Economic Growth Is Driven by Growth Is Driven by

WOMENWOMEN.”.”

Source: Headline, Economist

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Women as Decision Makers/Various sourcesWomen as Decision Makers/Various sources

Home Furnishings … Home Furnishings … 94%94%Vacations … Vacations … 92%92% (Adventure Travel … 70%/ $55B travel equipment)(Adventure Travel … 70%/ $55B travel equipment)

Houses … Houses … 91%91%D.I.Y. D.I.Y. (major “home projects”)(major “home projects”) … … 80%80%

Consumer Electronics … Consumer Electronics … 51%51% (66% home computers)(66% home computers)

Cars … Cars … 68%68% (influence (influence 90%90%))

AllAll consumerconsumer p purchasesurchases … … 83%83% **

Bank Account … Bank Account … 89%89%Household investment decisions … Household investment decisions … 67%67%Small business loans/biz starts … Small business loans/biz starts … 70%70%

Health Care … Health Care … 80%80%*In the USA women hold *In the USA women hold >50%>50% managerial positions including managerial positions including >50%>50% purchasing officer positions purchasing officer positions; ;

hence women also make the majority of hence women also make the majority of commercialcommercial purchasing decisions. purchasing decisions.

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““Women areWomen are THETHE majority majority

market”market” —Fara Warner/—Fara Warner/The Power of the PurseThe Power of the Purse

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““The The MOST MOST SIGNIFICANT SIGNIFICANT

VARIABLEVARIABLE inin EVERYEVERY sales situation is thesales situation is the

GENDERGENDER of the buyer, and of the buyer, and more importantly, how the more importantly, how the

salesperson communicates to salesperson communicates to the buyer’s gender.”the buyer’s gender.”

—Jeffery Tobias Halter, Selling to Men, Selling to Women

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Sales/After-sales ProcessSales/After-sales Process

1.    Kick-off  – 1.    Kick-off  – WomenWomen2.    Research – 2.    Research – WomenWomen3.    Purchase  – 3.    Purchase  – Men4.    Ownership – 4.    Ownership – WomenWomen5.    Word-of-mouth – 5.    Word-of-mouth – WomenWomen

Source: Martha Barletta, Source: Martha Barletta, Marketing to Women: How to Increase Your Share of the World’s Largest MarketMarketing to Women: How to Increase Your Share of the World’s Largest Market

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MenMen:: Individual perspective. Individual perspective. “Core unit is ‘me.’ ”“Core unit is ‘me.’ ”

Pride in self-reliance.Pride in self-reliance.

WomenWomen:: Group perspective. Group perspective. “Core unit is ‘we.’”* Pride in “Core unit is ‘we.’”* Pride in

team accomplishment.team accomplishment.

*Why the kindergarten teacher bought an F150!?*Why the kindergarten teacher bought an F150!?

Source: Martha Barletta, Source: Martha Barletta, Marketing to WomenMarketing to Women

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Editorial/Editorial/MenMen: : Tables, Tables, rankings.rankings.

Editorial/Editorial/WomenWomen: :

NarrativesNarratives that that cohere.* **cohere.* **

*Editor-in-Chief, Redwood Publications (UK)*Editor-in-Chief, Redwood Publications (UK)** High Point: “Imagine the lathe that could have ** High Point: “Imagine the lathe that could have turned that [table] leg!” vs. “This will go well with turned that [table] leg!” vs. “This will go well with grandma’s sideboard.”grandma’s sideboard.”

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““Women don’t ‘buy’ Women don’t ‘buy’

brands. brands. TheTheyy ‘j‘join’ oin’

themthem.”.”—Faith Popcorn, —Faith Popcorn, EVEolutionEVEolution

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Purchasing Patterns

WomenWomen:: Harder to convince; more loyal once convinced..

MenMen:: Snap decision; fickle..

Source: Martha Barletta, Marketing to Women

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2.62.6 vs.vs. 2121

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Service = #1++ Service = #1++ differentiator differentiator

for womenfor women

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Clean rules!* **Clean rules!* **

*TV controller in hotel rooms*TV controller in hotel rooms**Loaners, $700 job**Loaners, $700 job************************

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#8:#8: WOMEN RULE WOMEN RULE!!

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““Research Research [by McKinsey & Co.][by McKinsey & Co.] suggests that to suggests that to succeed, start by succeed, start by

promoting women.”promoting women.”——Nicholas Kristof, “Twitter, Women, and Power,” Nicholas Kristof, “Twitter, Women, and Power,” NYTimesNYTimes

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““In my experience, In my experience, women make much women make much better executives better executives

than men.”than men.”

——Kip Tindell, CEO, Container StoreKip Tindell, CEO, Container Store

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““AS AS LEADERS, LEADERS, WOMEN WOMEN

RULERULE:: New Studies find that New Studies find that

female managers outshine their male female managers outshine their male counterparts in almost every measure”counterparts in almost every measure”

TITLE/ Special Report/ TITLE/ Special Report/ BusinessWeekBusinessWeek

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““Women are rated higher in fully Women are rated higher in fully

1212 of the of the 1616 competencies that competencies that go into outstanding leadership. go into outstanding leadership. And two of the traits where And two of the traits where

women outscored men to the women outscored men to the highest degree — highest degree — takintakingg initiative and drivininitiative and drivingg for for resultsresults — have long been — have long been

thought of as particularly male thought of as particularly male strengths.”strengths.”

——Harvard Business Review/Harvard Business Review/20142014

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For One (For One (BIGBIG) Thing …) Thing …

““McKinsey & Company found that McKinsey & Company found that the international companies with the international companies with more women on their corporate more women on their corporate

boards boards far outperformedfar outperformed the average the average company in return on equity and company in return on equity and

other measures. Operating profit other measures. Operating profit

was …was … 56%56% higher.”higher.”

Source: Nicholas Kristof, “Twitter, Women, and Power,” Source: Nicholas Kristof, “Twitter, Women, and Power,” NYTimesNYTimes, 1024.13, 1024.13

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Women Age 22-30 Earn 8% MoreWomen Age 22-30 Earn 8% More Than Male Counterparts …Than Male Counterparts …

Atlanta … 21%Atlanta … 21%New York … 17%New York … 17%Miami … 14%Miami … 14%Memphis … 19%Memphis … 19%Etc.Etc.

Source: Martha Barletta/TrendSight Group/0517.11Source: Martha Barletta/TrendSight Group/0517.11

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50%50% women in sales, women in sales, 20172017

25%25% women mechanics, women mechanics, 2017 2017

40%40% women managers women managers (HP, IBM, Dupont, Lockheed, (HP, IBM, Dupont, Lockheed, GM)GM)

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LISTLIST

Women buy, women recommend, women 80% cars, Women buy, women recommend, women 80% cars, $28,000,000,000$28,000,000,000Women in leadership roles (12/16, 56%) Women in leadership roles (12/16, 56%) Women relationshipsWomen relationshipsWomen contextWomen contextWomen (guy signs check)Women (guy signs check)50% women in sales, 50% women in sales, 25 % women mechanics by 201725 % women mechanics by 201740% women managers (HP, IBM, Dupont, Lockheed, GM)40% women managers (HP, IBM, Dupont, Lockheed, GM)"Women friendly" mega program, goal of ___ by 1/1/17"Women friendly" mega program, goal of ___ by 1/1/17Sell context to women, not features.Sell context to women, not features.Spotless but not sterile (Carl and Stanley) (esp appeals Spotless but not sterile (Carl and Stanley) (esp appeals to women)to women)Training on working with women (TPs' crappy stories Training on working with women (TPs' crappy stories bonanza--car dealers, docs, bankers)bonanza--car dealers, docs, bankers)Cater to kidsCater to kidsWork on waits/useful stuff, not magazines—e.g., guide Work on waits/useful stuff, not magazines—e.g., guide to local services you recommend and have vetted; to local services you recommend and have vetted; attractive, woman-friendly waiting areaattractive, woman-friendly waiting areaMillennials/women >> men (ed, $$$)Millennials/women >> men (ed, $$$)

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#9/TGRs:#9/TGRs: WeWe (old farts like me)(old farts like me) Got Got

the the $$$$$$$$$$$$

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1/65/8/201/65/8/20

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USAUSA

11 BOOMER BOOMER

turns turns AGE AGE 6565

Every Every 88 SECONDS SECONDS

For the next For the next 2020 YEARS YEARS

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>50@5>50@500

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50@50:50@50:

“PEOPLE TURNING 50 “PEOPLE TURNING 50

TODAY HAVE TODAY HAVE MORE MORE THANTHAN HALFHALF OF OF

THEIR ADULT LIFE AHEAD THEIR ADULT LIFE AHEAD OF THEM.”OF THEM.” —Bill Novelli, 50+: IGNITING A REVOLUTION TO

REINVENT AMERICA

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USAUSA

>50: >50: 109,000,000109,000,000

Next 10 years:Next 10 years:

>50: >50: +19,000,000 +19,000,000

18-49: 18-49: +6,000,000+6,000,000

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7/137/13

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Average # of cars purchased perAverage # of cars purchased per

(USA) household, “lifetime”: (USA) household, “lifetime”: 1313Average # of cars bought per household Average # of cars bought per household after the “head of household” reachesafter the “head of household” reaches

age 50: age 50: 77Source: Marti Barletta, Source: Marti Barletta, PrimeTime WomenPrimeTime Women

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47X47X

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““In 2009, households headed by In 2009, households headed by adults ages adults ages 65 and older65 and older ... had ... had

4747 timestimes as as

much net wealth as the typical much net wealth as the typical household headed by someone household headed by someone under 35 under 35 yyearsears of age. In 1984, of age. In 1984, this had been a less lopsided this had been a less lopsided

10-to-1 ratio.”10-to-1 ratio.”

Source: Pew Research/10.11Source: Pew Research/10.11

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44-6544-65:: “NEW “NEW CUSTOMER CUSTOMER MAJORITY”MAJORITY”

Source: Source: Ageless MarketingAgeless Marketing, David Wolfe & Robert Snyder, David Wolfe & Robert Snyder

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““Marketers’ attempts at reaching Marketers’ attempts at reaching those over 50 have been miserably those over 50 have been miserably

unsuccessful.unsuccessful. No No market’s market’s

motivations andmotivations and needs are so needs are so

poorlpoorlyy understoodunderstood.”.”

——Peter Francese, founding publisher, Peter Francese, founding publisher, American DemographicsAmerican Demographics

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““BabBabyy-boomer -boomer WomenWomen: The: The Sweetest of Sweetest of

Sweet Spots for Sweet Spots for Marketers”Marketers”

—David Wolfe and Robert Snyder, —David Wolfe and Robert Snyder, Ageless MarketingAgeless Marketing

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>50>50

>50% >50% spendingspending

1010%% marketing marketing

budgetsbudgets

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“Fifty-four years of age has been the highest cutoff

point for any marketing initiative I’ve ever been

involved in. Which is pretty weird when you consider age

50 is right about when people who have worked all

their lives start to have some money to spend.” —Martha Barletta, PrimeTime

Women

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““One particularly puzzling category of youth-One particularly puzzling category of youth-obsession is the highly coveted target of men obsession is the highly coveted target of men 18-34, and it’s always referred to as ‘highly 18-34, and it’s always referred to as ‘highly

coveted category.’ Marketers have been coveted category.’ Marketers have been distracted by men age 18-34 because they are distracted by men age 18-34 because they are getting harder to reach. So what? getting harder to reach. So what? Who wants

to reach them? Beyond fast food and beer, Beyond fast food and beer, they don’t buy much of anything. … The they don’t buy much of anything. … The

theory is that if you ‘get them while they’re theory is that if you ‘get them while they’re

young, they’re yours for life.’young, they’re yours for life.’ WHAT NONSENSE!”

—Martha Barletta, —Martha Barletta, PrimeTime WomenPrimeTime Women

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““The New Customer The New Customer Majority is the … Majority is the …

ONLYONLY … adult market … adult market with realistic prospects with realistic prospects

for significant sales for significant sales growth in dozens of growth in dozens of

product lines for product lines for thousands of thousands of companies.”companies.”

—David Wolfe & Robert Snyder, —David Wolfe & Robert Snyder, Ageless MarketingAgeless Marketing

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55+ > 55-55+ > 55-Forrester Research: Forrester Research: “[Age 55-plus] are “[Age 55-plus] are

more active in online finance, more active in online finance, shopping and entertainment than shopping and entertainment than

those under 55.”those under 55.”

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USA 1996-2007USA 1996-2007

HighestHighest rate rate entrepreneurial activity entrepreneurial activity

(firms founded): (firms founded): Ages Ages 55-6455-64

LowestLowest rate: Ages rate: Ages 20-3420-34

Source: Dane Stangler, Kauffman Foundation (Source: Dane Stangler, Kauffman Foundation (EconomistEconomist))

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LISTLIST

Remind everyone Remind everyone Old Is GoldOld Is Gold (50 is (50 is half) (1/65/8/20, 109M, 7/13, 47X)half) (1/65/8/20, 109M, 7/13, 47X)Do not treat me as an old fart (but sell me old Do not treat me as an old fart (but sell me old fart features)fart features)

Emphasize certain features Emphasize certain features (comfort, parking software, (comfort, parking software, reliability, your service reliability, your service excellence)excellence)Pitch reliability to oldies,Pitch reliability to oldies,Home calls for service rather than Home calls for service rather than loanerloaner"Staying put" services"Staying put" services

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#10/TGRs:#10/TGRs: Social Business/ Social Business/ Customer Engagement/Customer Engagement/

Customer Control/ Customer Control/ “Brand Ambassadors”/“Brand Ambassadors”/

““Brand Assassins”/Brand Assassins”/Social Epidemiologists/Social Epidemiologists/

Etc./Etc. …Etc./Etc. …

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““The customer is in The customer is in comcomppletelete controlcontrol of communication.” of communication.”

““What used to be What used to be ‘‘word of mouthword of mouth’’ is now is now

‘‘word of mouseword of mouse..’ ’ You are either You are either creatincreatingg brand ambassadors brand ambassadors

or brand terrorists doinor brand terrorists doingg brand assassinationbrand assassination.”.”

Source: Source: John DiJulius, John DiJulius, The Customer Service Revolution: Overthrow The Customer Service Revolution: Overthrow Conventional Business, Inspire Employees, and Change the WorldConventional Business, Inspire Employees, and Change the World

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Welcome to the Age of Social Media:Welcome to the Age of Social Media: “It takes 20 years to

build a reputation and five minutes to ruin it. Also, the Internet and Also, the Internet and

technology have made customers more technology have made customers more demanding., and they expect demanding., and they expect

information, answers, products, information, answers, products, responses, and resolutions sooner than responses, and resolutions sooner than

ASAP.”ASAP.” —John DiJulius, —John DiJulius, The Customer Service RevolutionThe Customer Service Revolution

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““I would rather enI would rather enggaagge in a e in a Twitter conversation with a Twitter conversation with a

sinsinggle customer than see our le customer than see our comcomppananyy attem attemppt to attract the t to attract the

attention of millions in a attention of millions in a coveted Sucoveted Supper Bowl commercialer Bowl commercial..

Why? Because having people discuss your brand directly with you, actually Why? Because having people discuss your brand directly with you, actually connecting one-to-one, is far more valuable—not to mention far cheaper!. …connecting one-to-one, is far more valuable—not to mention far cheaper!. …

““Consumers want to discuss what they like, the companies they support, and the Consumers want to discuss what they like, the companies they support, and the organizations and leaders they resent. They want a community. They want to be organizations and leaders they resent. They want a community. They want to be

heard.heard.““[I]f we engage employees, customers, and prospective customers in meaningful [I]f we engage employees, customers, and prospective customers in meaningful

dialogue about their lives, challenges, interests, and concerns, we can build a dialogue about their lives, challenges, interests, and concerns, we can build a community of trust, loyalty, and—possibly over time—help them become advocates community of trust, loyalty, and—possibly over time—help them become advocates

and champions for the brand.”and champions for the brand.”

——Peter Aceto, CEO,Peter Aceto, CEO, TangerineTangerine (from the Foreword to (from the Foreword to A World Gone Social: A World Gone Social: How Companies Must Adapt to SurviveHow Companies Must Adapt to Survive, by Ted Coine & Mark Babbit), by Ted Coine & Mark Babbit)

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““Amy HowellAmy Howell [social marketer extraordinaire, [social marketer extraordinaire,

founder of Howell Marketing]founder of Howell Marketing] ignites ignites epidemics. In a good way, epidemics. In a good way,

of course. Epidemics of of course. Epidemics of excitement. Epidemics of excitement. Epidemics of

business connections. business connections. Epidemics of influence.”Epidemics of influence.”

——Mark Schaeffer,Mark Schaeffer, ROI/Return on Influence: The Revolutionary ROI/Return on Influence: The Revolutionary Power of Klout, Social Scoring, and Influence MarketingPower of Klout, Social Scoring, and Influence Marketing

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““When Virgin America opened When Virgin America opened its Toronto routeits Toronto route, it asked Klout to find a , it asked Klout to find a small group of influencers to receive a free flight in small group of influencers to receive a free flight in

hopes that they’d effectively spread the word. … hopes that they’d effectively spread the word. … After the initial 120 participants and an additional After the initial 120 participants and an additional

144 en144 enggaagged influencersed influencers had been had been accrued, the word-of-mouth power kicked in as accrued, the word-of-mouth power kicked in as

those highly social individuals generated more than those highly social individuals generated more than

4,600 tweets about the new route. 4,600 tweets about the new route. That led That led to more than 7.4 million to more than 7.4 million

impressions and coverage in top impressions and coverage in top blogs and news outlets such as blogs and news outlets such as the LA Times and CNN.”the LA Times and CNN.” ——Mark Schaeffer,Mark Schaeffer,

ROI/Return on Influence: The RevolutionaryROI/Return on Influence: The Revolutionary Power of Klout, Social Scoring, and Influence MarketingPower of Klout, Social Scoring, and Influence Marketing

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Going “Social”: Location and Size IndependentGoing “Social”: Location and Size Independent

““Today, despite the fact that we’re jToday, despite the fact that we’re just a little swimminust a little swimmingg ppool comool comppananyy in Vir in Virgginiainia, we have the most trafficked , we have the most trafficked swimming pool website in the world. Five years ago, if swimming pool website in the world. Five years ago, if you’d asked me and my business partners what we do, you’d asked me and my business partners what we do,

the answer would have been simple, ‘We build in-ground the answer would have been simple, ‘We build in-ground

fiberglass swimming pools.’ Now we say,fiberglass swimming pools.’ Now we say, ‘We ‘We are the best teachersare the best teachers … … in the worldin the world … on the … on the subject of fiberglass swimming subject of fiberglass swimming

pools, and we also happen to build pools, and we also happen to build them.’”them.’”

——Jay Baer, YJay Baer, Youtility: Why Smart Marketing Is About Help, Not Hypeoutility: Why Smart Marketing Is About Help, Not Hype

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ZMOTZMOT:: ZERO Moment Of Truth/Google ZERO Moment Of Truth/Google**

““You know what a ‘moment of truth’ is. It’s when a prospective customer You know what a ‘moment of truth’ is. It’s when a prospective customer decides either to take the next step in the purchase funnel, or to exit and decides either to take the next step in the purchase funnel, or to exit and

seek other options. … But what is a ‘zero moment of truth’? Many seek other options. … But what is a ‘zero moment of truth’? Many behaviors can serve as a zero moment of truth, but what binds them behaviors can serve as a zero moment of truth, but what binds them

together is that the purchase is being researched and considered before together is that the purchase is being researched and considered before the prospect even enters the classic sales funnel … In its research, the prospect even enters the classic sales funnel … In its research,

Google found thatGoogle found that 84%84% of shoppers of shoppers

said the new mental model, ZMOT, shapes their decisions. …” said the new mental model, ZMOT, shapes their decisions. …”

——Jay Baer, Jay Baer, Youtility: Why Smart Marketing Is About Help, Not HypeYoutility: Why Smart Marketing Is About Help, Not Hype

*See www.zeromomentoftruth.com for ZMOT in booklength format*See www.zeromomentoftruth.com for ZMOT in booklength format

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QQ: Who needs a : Who needs a “Social Media “Social Media Guru”?Guru”?

AA: : E-V-E-R-Y-B-O-D-E-V-E-R-Y-B-O-D-

YY!!

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Ask for customer reviewsAsk for customer reviewsSocial media guruSocial media guruRespond to electronic feedback with dispatch Respond to electronic feedback with dispatch

((IMsIMs))

IMIM when car ready when car ready

IMsIMs when service problem during fix when service problem during fixElectronic instant service feedback; follow-up Electronic instant service feedback; follow-up 10 days later (Kevin)10 days later (Kevin)

TweetsTweets by service folk by service folk

Think Think "influencers""influencers"Great website--start with ease of use!!Great website--start with ease of use!!

Great blogGreat blog (VA swimming pool company) (VA swimming pool company) (value, not sales pitch; mechanics post)(value, not sales pitch; mechanics post)Train customers in electronicsTrain customers in electronicsDefend aDefend aggainst hackinainst hacking g

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Service++ = Service++ = OnlyOnly

sustainable sustainable differentiator*differentiator*

*In the *In the “Age of ZMOT”“Age of ZMOT”

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#11:#11: PeoplePeople****

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““What employees experience, Customers will. The best marketing is What employees experience, Customers will. The best marketing is

happy, engaged employees.happy, engaged employees. YOUR YOUR CUSTOMERS CUSTOMERS

WILL NEVER BE WILL NEVER BE ANY HAPPIER ANY HAPPIER THAN YOUR THAN YOUR

EMPLOYEESEMPLOYEES.”.” —John DiJulius, —John DiJulius,

The Customer Service Revolution: Overthrow Conventional The Customer Service Revolution: Overthrow Conventional Business, Inspire Employees, and Change the WorldBusiness, Inspire Employees, and Change the World

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““You have to treatYou have to treat your employeesyour employees like like customerscustomers.”.”

——Herb Kelleher, upon being asked his “secret to success”Herb Kelleher, upon being asked his “secret to success”

““If you want staff toIf you want staff to give great service, ggive great service, give ive ggreat service to staffreat service to staff.”.”

——Ari Weinzweig, Zingerman’s, in Ari Weinzweig, Zingerman’s, in Small Giants: Small Giants: Companies That Choose to Be Great Instead of Big, Companies That Choose to Be Great Instead of Big, Bo BurlinghamBo Burlingham

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““The The 44 most most

important important wordswords in any in any

organization are …organization are …

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THE FOUR MOST IMPORTANT WORDS IN ANY ORGANIZATIONTHE FOUR MOST IMPORTANT WORDS IN ANY ORGANIZATION

ARE …ARE … “WHAT “WHAT DO DO YOUYOU THINK?”THINK?”

Source: courtesy Dave Wheeler, posted at tompeters.com Source: courtesy Dave Wheeler, posted at tompeters.com

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““The deepest human The deepest human need is the need to be need is the need to be

appreciated.”appreciated.”—William James—William James

““Employees who don't Employees who don't feel significant rarely feel significant rarely

make significant make significant contributions.”contributions.”

——Mark SanbornMark Sanborn

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““It may sound radical, unconventional, and It may sound radical, unconventional, and bordering on being a crazy business idea. bordering on being a crazy business idea. However— as ridiculous as it sounds—joy is However— as ridiculous as it sounds—joy is

the core belief of our workplace. the core belief of our workplace.

JoyJoy is the reason my company, is the reason my company,

Menlo Innovations, a customer software Menlo Innovations, a customer software design and development firm in Ann Arbor, design and development firm in Ann Arbor,

exists. It defines what we do and how we do it. exists. It defines what we do and how we do it. It is the single shared belief of our entire It is the single shared belief of our entire

team.”team.”

——Richard Sheridan, Richard Sheridan, Joy, Inc.: Joy, Inc.: How We Built a Workplace People LoveHow We Built a Workplace People Love

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1996-2014/12 companies every year for 16 years/ 1996-2014/12 companies every year for 16 years/ 341,567 new jobs/jobs +172%:341,567 new jobs/jobs +172%:

PublixPublixWhole FoodsWhole FoodsWegmansWegmansNordstromNordstromCisco SystemsCisco Systems

MarriottMarriottREIREIGoldman SachsGoldman Sachs

Four SeasonsFour SeasonsSAS InstituteSAS InstituteW.L. GoreW.L. GoreTDIndustriesTDIndustriesSource: Source: FortuneFortune/ / “The 100 Best Companies to Work For”/“The 100 Best Companies to Work For”/0315.150315.15

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“““Profits & Growth Through Putting People First” Business Book Profits & Growth Through Putting People First” Business Book ClubClub

Nice Companies Finish First: Why Cutthroat Management Is Over—and Collaboration Is In, Nice Companies Finish First: Why Cutthroat Management Is Over—and Collaboration Is In, by Peter Shankman with Karen Kellyby Peter Shankman with Karen KellyUncontainable: How Passion, Commitment, and Conscious Capitalism Built a Business Where Everyone Uncontainable: How Passion, Commitment, and Conscious Capitalism Built a Business Where Everyone Thrives, Thrives, by Kip Tindell, CEO Container Storeby Kip Tindell, CEO Container StoreConscious Capitalism: Liberating the Heroic Spirit of Business, Conscious Capitalism: Liberating the Heroic Spirit of Business, by John Mackey, CEO Whole by John Mackey, CEO Whole Foods, and Raj SisodiaFoods, and Raj SisodiaFirms of Endearment: How World-Class Companies Profit from Passion and Purpose, Firms of Endearment: How World-Class Companies Profit from Passion and Purpose, by Raj by Raj Sisodia, Jag Sheth, and David WolfeSisodia, Jag Sheth, and David WolfeThe Good Jobs Strategy: How the Smartest Companies Invest in Employees to Lower Costs The Good Jobs Strategy: How the Smartest Companies Invest in Employees to Lower Costs and Boost Profits, and Boost Profits, by Zeynep Ton, MITby Zeynep Ton, MITJoy, Inc.: How We Built a Workplace People Love, Joy, Inc.: How We Built a Workplace People Love, by Richard Sheridan, by Richard Sheridan, CEO Menlo InnovationsCEO Menlo InnovationsEmployees First, Customers Second: Turning Conventional Management Upside Down, Employees First, Customers Second: Turning Conventional Management Upside Down, by by Vineet Nayar, CEO, HCL TechnologiesVineet Nayar, CEO, HCL TechnologiesPatients Come Second: Leading Change By Changing the Way You LeadPatients Come Second: Leading Change By Changing the Way You Lead by Paul by Paul Spiegelman & Britt BerrettSpiegelman & Britt BerrettThe Customer Comes Second: Put Your People First and Watch ’Em Kick Butt, The Customer Comes Second: Put Your People First and Watch ’Em Kick Butt, by Hal Rosenbluth, former CEO, Rosenbluth Internationalby Hal Rosenbluth, former CEO, Rosenbluth InternationalIt’s Your Ship: Management Techniques from the Best Damn Ship in the Navy, It’s Your Ship: Management Techniques from the Best Damn Ship in the Navy, by Mike Abrashoff, former commander, USS Benfoldby Mike Abrashoff, former commander, USS BenfoldTurn This Ship Around; How to Create Leadership at Every Level, Turn This Ship Around; How to Create Leadership at Every Level, by L. David Marquet, former commander, SSN Santa Feby L. David Marquet, former commander, SSN Santa FeSmSmall Giants: Companies That Choose to Be Great Instead of Big, all Giants: Companies That Choose to Be Great Instead of Big, by Bo Burlinghamby Bo BurlinghamHidden Champions: Success Strategies of Unknown World Market LeadersHidden Champions: Success Strategies of Unknown World Market Leaders, by Hermann Simon, by Hermann SimonRetail Superstars: Inside the 25 Best Independent Stores in AmericaRetail Superstars: Inside the 25 Best Independent Stores in America, , by George Whalinby George WhalinJoy at Work: A Revolutionary Approach to Fun on the Job, Joy at Work: A Revolutionary Approach to Fun on the Job, by Dennis Bakke, former CEO, by Dennis Bakke, former CEO, AES CorporationAES CorporationThe Dream Manager, The Dream Manager, by Matthew Kellyby Matthew KellyThe Soft Edge: Where Great Companies Find Lasting Success, The Soft Edge: Where Great Companies Find Lasting Success, by Rich Karlgaard, publisher, by Rich Karlgaard, publisher, ForbesForbesDelivering Happiness: A Path to ProfitsDelivering Happiness: A Path to Profits, by Tony Hsieh, Zappos, by Tony Hsieh, ZapposCamellia: A Very Different CompanyCamellia: A Very Different CompanyFans, Not Customers: How to Create Growth Companies in a No Growth WorldFans, Not Customers: How to Create Growth Companies in a No Growth World, by Vernon Hill, by Vernon HillLike a Virgin: Secrets They Won’t Teach You at Business SchoolLike a Virgin: Secrets They Won’t Teach You at Business School, by Richard Branson , by Richard Branson

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#12:#12: Training = Training = InvestmentInvestment

#1#1!!

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In the Army, In the Army, 33--star star ggeneralsenerals worry worry

about training. In most about training. In most businesses, it's a “ho-businesses, it's a “ho-hum” mid-level staff hum” mid-level staff

function.function.

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What is the What is the

#1#1 reason to reason to

go berserk over go berserk over training?training?

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What is the best reason to go What is the best reason to go bananas over training?bananas over training?

GREED.GREED.

(It pays off.)(It pays off.)

(Also: Training should be an official part of(Also: Training should be an official part of

the the R&DR&D budget and a capital expense.) budget and a capital expense.)

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2X2X

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““G-E-N-I-U-S”G-E-N-I-U-S”Getting more and more cantankerous (short tempered!)Getting more and more cantankerous (short tempered!)

about this:about this: Job #1Job #1 (& #2 & #3)(& #2 & #3) is to abet peoples' personal is to abet peoples' personal

growth. All other good things growth. All other good things flow there from.flow there from.My idea of a gen-u-ine "genius“My idea of a gen-u-ine "genius“

"breakthrough" idea:"breakthrough" idea: If If yyou work ou work yyour our heart out to helheart out to helpp ppeoeopple le ggrow, row,

thetheyy'll work their hearts'll work their hearts out to out to ggive customers a ive customers a

ggreat exreat expperienceerience..

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#13:#13: HiringHiring

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““In short, hiring is In short, hiring is the the most immost impportant ortant

asasppect of businessect of business

and yet remainsand yet remains woefully woefully misunderstoodmisunderstood.”.”**

*Why not on the list “*Why not on the list “10 Best Com10 Best Comppaniesanies to Work For in Indianato Work For in Indianappolisolis”?”?

Source: Source: Wall Street JournalWall Street Journal, 10.29.08, review of , 10.29.08, review of Who: The A Method Who: The A Method for Hiring, for Hiring, Geoff Smart and Randy StreetGeoff Smart and Randy Street

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““We look for ... We look for ... listening, caring, listening, caring, smiling, saying smiling, saying

‘Thank you,’ being ‘Thank you,’ being warm.” warm.” — Colleen Barrett, former President, Southwest — Colleen Barrett, former President, Southwest

AirlinesAirlines

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LISTLIST

Bad times? Do a “Container Store/Bad times? Do a “Container Store/2X2X))

Hire for smiles a la Starbucks/SWA (mechanics and Hire for smiles a la Starbucks/SWA (mechanics and finance, too)finance, too)Hire/train for listeningHire/train for listening

Hire for Hire for "We""We" like Mayo Clinic like Mayo Clinic

We are a team ( boot non-team players) (Stanford We are a team ( boot non-team players) (Stanford swimming coach)swimming coach)

"Best place to work“"Best place to work“ by 2017by 2017

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#14:#14: AVOID AVOID

MODERATION MODERATION!!

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Kevin Roberts’ CredoKevin Roberts’ Credo

11. Ready. Fire! Aim.. Ready. Fire! Aim.2. If it ain’t broke ... Break it!2. If it ain’t broke ... Break it!3. Hire crazies.3. Hire crazies.4. Ask dumb questions.4. Ask dumb questions.5. Pursue failure.5. Pursue failure.6. Lead, follow ... or get out of the way!6. Lead, follow ... or get out of the way!7. Spread confusion.7. Spread confusion.8. Ditch your office.8. Ditch your office.9. Read odd stuff.9. Read odd stuff.

10. AVOID MODERATIONAVOID MODERATION!!

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Retail Superstars: Retail Superstars: Inside the 25 Best Inside the 25 Best

Independent Independent Stores in Stores in

AmericaAmerica —by George Whalin—by George Whalin

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““BE THE BEST. BE THE BEST. IT’S THE ONLY IT’S THE ONLY

MARKET THAT’S MARKET THAT’S NOT CROWDED.”NOT CROWDED.”

From: From: Retail Superstars: Inside the 25 BestRetail Superstars: Inside the 25 Best Independent Stores in America,Independent Stores in America, George Whalin George Whalin

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The Value-added LadderThe Value-added Ladder

LovemarkLovemark Spellbinding Experiences Spellbinding Experiences

ServicesServicesGoodsGoods

Raw MaterialsRaw Materials

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BrandBrand LovemarkLovemark

Recognized by consumers ……. Recognized by consumers ……. Loved byLoved by PeoplePeopleGeneric ………………………………………. Generic ………………………………………. PersonalPersonalPresents a narrative ………… Presents a narrative ………… Creates a Love storyCreates a Love storyThe promise of quality …….. The promise of quality …….. A touch of SensualityA touch of SensualitySymbolic ………………………………………… Symbolic ………………………………………… IconicIconicDefined ………………………………………… Defined ………………………………………… InfusedInfusedStatement …………………………………………Statement …………………………………………StoryStoryDefined attributes …………... Defined attributes …………... Wrapped in MysteryWrapped in MysteryValues …………………………………………….. Values …………………………………………….. SpiritSpiritProfessional …………….…... Professional …………….…... Passionately CreativePassionately CreativeAdvertising agency ………….…….. Advertising agency ………….…….. Ideas CompanyIdeas Company

Source: Kevin Roberts, Source: Kevin Roberts, LovemarksLovemarks