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7 ELEMENTS OF COMPATIBILITY AND PERFORMANCE

7 Elements of Franchisee Compatibility

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Page 1: 7 Elements of Franchisee Compatibility

7 ELEMENTS OF COMPATIBILITY AND PERFORMANCE

Page 2: 7 Elements of Franchisee Compatibility

Values Motivations

Social Intelligence

Core Competency Work Style Stage of

GrowthFocus

Preference Rules Style

Page 3: 7 Elements of Franchisee Compatibility

Values and Motivations

• What are your company’s values?

• What culture does your business model reward and encourage?

• Is your franchisee culturally compatible?

Page 4: 7 Elements of Franchisee Compatibility

Values and Motivations

• Values• Motivations• Interests• Goals• Only reliable predictor

of behavior

Page 5: 7 Elements of Franchisee Compatibility

Value Sets

Learn more about Values and Motivations within your Education Tab

Page 6: 7 Elements of Franchisee Compatibility

Value Sets

Learn more about Values and Motivations within your Education Tab

Page 7: 7 Elements of Franchisee Compatibility

Social Intelligence

• Does your franchisee have what it takes emotionally to build a successful business?

• Are they self-motivated and disciplined?

• Does they have the social skills need to relate with both employees and customers?

Page 8: 7 Elements of Franchisee Compatibility

Social and Emotional Intelligence

• People with high emotional and social intelligence tend to be more successful in life.

Page 9: 7 Elements of Franchisee Compatibility

Emotional Competence

These competencies determine how we manage ourselves:

• Self Awareness• Self Regulation• Motivation

Page 10: 7 Elements of Franchisee Compatibility

Social Competence

These competencies determine how we handle relationships:

• Empathy • Social Skills

See Social Intelligence White Paper within your Education Tab

Page 11: 7 Elements of Franchisee Compatibility

Core Competencies

• What does your value proposition offer the franchisee?

• What skills does your franchisee need to succeed?

• Is your value proposition and their skill sets complementary and interdependent?

Page 12: 7 Elements of Franchisee Compatibility

Interdependent Relationship

• To sustain and grow a franchise system there must be a clearly defined and interdependent relationship between franchisee and franchisor.

Page 13: 7 Elements of Franchisee Compatibility

Complementary Skill Sets

• HR Management and Administration

• Sales and Promotion• Marketing and Advertising• Technical and Product

Knowledge• Client Relationship

Management and Support

Page 14: 7 Elements of Franchisee Compatibility

Work Style

• Work environment• Communication• Information gathering • Decision making• Project management

Page 15: 7 Elements of Franchisee Compatibility

Work Style

Page 16: 7 Elements of Franchisee Compatibility

Work Style

Merrill Proven Match DiSC

Driver Director Dominance

Expressive Promoter Influencing

Amiable Collaborator Steadiness

Analytical Thinker Conscientious

Page 17: 7 Elements of Franchisee Compatibility

Work Style

Page 18: 7 Elements of Franchisee Compatibility

Work Style

Page 19: 7 Elements of Franchisee Compatibility

Stage of Growth

• What Stage of Growth is your company in?

• What Stage of Life is your franchisee in?

• Is your Stage of Growth and their Stage of Life compatible?

• Will it change in 5 years?

Page 20: 7 Elements of Franchisee Compatibility

Things Change

• Companies grow• Individuals evolve• Business practices change

Learn more about Stages of Growth within your Education Tab

Page 21: 7 Elements of Franchisee Compatibility

Stage of Growth

Stage 1: EntrepreneurialStage 2: PartnershipStage 3: SystematicStage 4: BureaucracyStage 5: Intrepreneurial

Learn more about Stages of Growth within your Education Tab

Page 22: 7 Elements of Franchisee Compatibility

Complement and Align

• Franchisee’s skill sets need to complement strategic plans and market expansion strategies.

• Franchisor’s Stage of Growth and Franchisee’s Stage of Life need to be aligned.

Page 23: 7 Elements of Franchisee Compatibility

Focus Preference

• Nothing is more basic to performance, or more critical to success, than the ability to concentrate.

• Focus Preference measures basic concentration skills.

Focus Preference

Page 24: 7 Elements of Franchisee Compatibility

Focus Preference

• To be successful, people need to be able to shift their focus of concentration along two intersecting dimensions: Width and Direction.

Page 25: 7 Elements of Franchisee Compatibility

Rules Style

• Can franchisee follow your rules?

• Can franchisee make rules within their own business?

• How does franchisee determine those rules?

• Are they able to enforce those rules?

Page 26: 7 Elements of Franchisee Compatibility

7 Elements - One Comprehensive Assessment

Each of the seven elements provides invaluable information for determining the kinds of environments in which a person will perform best.