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How winning businesses get ahead, and stay ahead, of their competitors What they do, and how they do it What it means for you and your business Identify.

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Presentation on theme: "How winning businesses get ahead, and stay ahead, of their competitors What they do, and how they do it What it means for you and your business Identify."— Presentation transcript:

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2 How winning businesses get ahead, and stay ahead, of their competitors What they do, and how they do it What it means for you and your business Identify ‘ways forward’ for you and your business to improve your competitive advantage! What We’re Going To Look At…

3 Who The Hell Is Andy Hanselman?

4 I Help Businesses And Their People Create Competitive Advantage By... Thinking in 3D !

5 Dramatically and Demonstrably Different! That means being...

6 3D? Why...

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12 I research, write about, talk about and work with high performance businesses (and have been for over 24 years!)

13 Dramatically and Demonstrably Different 7 Characteristics of Businesses

14 today only £4.99! £11.99 + £1.20 p&p

15 Awareness Assessment Action

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17 Get my slides and other resources at: @andyhanselman andyhanselmanconsulting andyhanselman andy@andyhanselman.com

18 What Does ‘Success’ Look Like?

19 What do ‘Successful’ Businesses Have And Do?

20 Satisfied Customers

21 Sufficient ‘Delighted’ Customers

22 High Expectations Low Expectations A ‘Poor’ Experience A ‘Great’ Experience ‘Devoted’ ‘Delighted’ ‘Disappointed’ ‘Disaffected’

23 Sufficient ‘Devoted’ Customers Committed Motivated Effective People Maximised Financial Returns L

24 Sufficient ‘Devoted’ Customers Committed Motivated Effective People Maximised Financial Returns L

25 How Do You Measure Up?

26 Dramatically and Demonstrably Different 7 Characteristics of Businesses

27 3D Characteristic #1:

28 Get That Vision Thing!

29 “Creating a clear picture of the future that ‘stimulates, excites and inspires”

30 Imagine the future - what does it hold for you? Err.......are you sure?

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32 “Contrary to some forecasts in recent years, the internet has settled down to become a worthwhile but minority channel to market. For example, internet book sales have plateaued at just over 5% of the market, and it seems unlikely that there will be sufficient demand to enable multiple operators to develop profitably” Hmv Annual Report 2002

33 “Heavier-than-air flying machines are impossible” Lord Kelvin, mathematician, physicist, and President of The British Royal Society, 1865

34 “The telephone has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us” Western Union internal memo,1876

35 “I think there is a world market for about five computers” Thomas Watson, Chairman of IBM, 1943

36 “There is no reason for any individual to have a computer in their home” Ken Olsen, President of DEC at The Convention Of The World Future Society, 1977

37 “640k ought to be enough for anybody” Bill Gates, 1981

38 “By the end of the year the ipod will be dead, kaput, finished” Sir Alan Sugar, early 2005

39 “You’ll look great wearing that hat at the wedding sis” Beatrice to Eugenie and Eugenie to Beatrice, May 2011

40 “Hello dear, I’m so excited – I’ve just landed the absolute dream job!” David Moyes on the phone to his wife, June 2013

41 What does a vision look like

42 Simply a set of financial figures or targets A business plan and lots of spread sheets A ‘pie in the sky’ idea The MD’s speech at the annual staff conference! is not....

43 A picture of the future we want Something that stimulates, excites and inspires A point of strategic focus Something for everyone to work towards is....

44 “If you make your little decisions based on the big picture, at the very least you’re always heading in the right direction” Richard Branson

45 Get Engaged!

46 People tell us they want to know...

47 “Why are we doing this?”“How is it relevant to me?”“What specifically do you want me to do?” “What tools and support are available?” “What’s in it for me?” “How are we doing?” “How will I be measured?”

48 The Leaders’ Role?

49 1 Billion ‘Tiny Tummy Touch Points’!

50 Senior Executive Incentive Scheme!

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52 “Fixed on the vision, flexible on the journey” Jeff Bezos, CEO, Amazon

53 3D Characteristic #2:

54 ‘Think in 3D’ !

55 What exactly is ‘Marketing’?

56 A Classic Definition of ‘Marketing’: “Marketing is a social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging products and value with others”

57 My Definition of ‘Marketing’: “Finding, attracting and keeping the customers that you want while maximising your profits”

58 Why should I buy from YOU?

59 Sit down if you heard anything like this... Our ‘expertise and experience’ Our people Our location Our reputation Our quality Our pricing Our personal service Our customer care Our flexibility to customer needs Our ability to solve problems Our ‘uniqueness’

60 USP’s?

61 = ‘Usual Stuff People say’!

62 Do ‘things’ that stand out

63 Things that get people talking!

64 3D! That’s...

65 Dramatically and Demonstrably Different! That means being...

66 Dramatic Difference: “An unmatchable ‘bundle’ of products, services, skills, methods and practices that differentiate a business from its competitors”

67 ‘-1D’ ‘Dramatically & Demonstrably Different’ ‘ worse than ’ ‘as good as’ ‘ Dramatically Different ‘as bad as’ Different (‘better than’) ‘0D’‘0D’‘1D’‘1D’‘2D’‘2D’ ‘3D’‘3D’

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72 if this house were a person she’d be dressed in Chanel and not wearing knickers.... “character-forming country cottage currently undergoing a bit of a makeover which will eventually drag it from the turn of the century up to somewhere around the 1950s....”

73 “You can say it’s a hovel if it’s a hovel – that’s the trick. You don’t need to gloss and spin things; people will buy things as they are as long as they’re priced appropriately” jules bending, ralph bending estate agents

74 “The Hans Brinker Budget Hotel has been proudly disappointing travellers for forty years. Boasting levels of comfort comparable to a minimum-security prison, the Hans Brinker also offers some plumbing and an intermittently open canteen serving a wide range of dishes based on runny eggs.”

75 Dramatic Difference ? What is your... How do you... Demonstrate it ?

76 “I never had control, and I never wanted it. If you create an environment where the people truly participate, you don’t need control” Herb Kelleher, founder, Southwest Airlines “ There may be 50 ways to leave your lover, but there are only 4 ways out of this airplane” “Your bags will be available on carrousel x. If you do not find them, they will be available in 2-3 weeks on eBay” “ In order to enhance the appearance of your flight crew, we will be dimming the cabin lights”

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78 3D Characteristic #3:

79 Create ‘Delighted’ and ‘Devoted’ Customers!

80 Be easy to ‘buy from’ and ‘deal with’

81 The ‘Sales Prevention Officer’!

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83 Computer says ‘no’!

84 Systems And Processes Attitudes Policies‘Scriptease’

85 It could be you!

86 FINISHED FILES ARE THE RESULT OF YEARS OF SCIENTIFIC STUDY COMBINED WITH THE EXPERIENCE OF YEARS

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89 Stand in your own queues

90 Exterminate Your ‘Sales Prevention Officers ’

91 Customer Delight: “Surprising customers with the level of service you provide”

92 Now that’s customer delight !

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98 3D Businesses... ‘Foster devotion’ through consistency!

99 Approach customers with a personalized warm welcome Probe politely to understand all the customer’s needs Present a solution for the customer to take home today Listen for and resolve any issues or concerns End with a fond farewell and an invitation to return

100 Rub up your customers the wrong way Yes, go on, all the way Apathy is encouraged Never bother to try and make them smile Approach them with indifference Infer it’s them who are the problem Remember, we’re right behind you to help you do this

101 3D Characteristic #4:

102 Forget CRM, think MCR – Maximise your Customer Relationships!

103 “Proactively developing relationships that give the best to, and get the best from, the customers you want”

104 Maximise Opportunities ! 3D Businesses...

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106 Think... ‘share of customer, not just ‘share of market’

107 HIGH SPEND LOW SPEND HIGH SHARELOW SHARE KEY POR QUE? KEEP IN TOUCH KEEP OUT!

108 Easy to buy from! Keep you informed! Make recommendations! Remember you!

109 they do it consistently! $34 Billion!!!

110 3D Characteristic #5:

111 Create An UBER Culture!

112 What exactly is ‘Culture’?

113 A Classic Definition of ‘Culture’: “A pattern of shared basic assumptions that the group learned as it solved its problems of external adaptation and internal integration, that has worked well enough to be considered valid and therefore, to be taught to new members as the correct way to perceive, think, and feel in relation to those problems” Edgar Schein, Organisational Culture And Leadership, 1993

114 My Definition of ‘Culture’: “The way we do things around here”

115 Another Definition of ‘Culture’: “It’s what people do when no one’s looking” Herb Kelleher, Founder, Southwest Airlines

116 Everyone Understands what’s expected of them and behave accordingly and consistently Systems and processes are Built to reinforce and support the culture People are Engaged, Empowered and Encouraged to deliver them People are Rewarded and Recognised for doing it! 3D Businesses Ensure:

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118 It’s All About ‘Behaviours’! Oh Behave!

119 Everyone Understands what’s expected of them and behave accordingly and consistently Systems and processes are Built to reinforce and support the culture 3D Businesses Ensure:

120 ‘Customer praise’ procedure? ‘Customer complaints’ procedure

121 “ We interview people for culture fit. We want people who are passionate about what Zappos is about–service. I don’t care if they’re passionate about shoes.” Tony Hsieh, CEO, Zappos

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123 Beer Knowledge Thursdays!

124 Everyone Understands what’s expected of them and behave accordingly and consistently Systems and processes are Built to reinforce and support the culture People are Engaged, Empowered and Enabled to deliver them 3D Businesses Ensure:

125 Demonstrate preferred behaviours: ‘show your character’ Employees rewarded for ‘cheerfulness’! Mystery shopper highlights ‘outstanding’ customer experiences Reward for team and individual performances - £50 bonus for individuals to be spent with the team Interview is a 6 hour shift and staff vote ‘in’ or ‘out’

126 “We entrust every single Ritz-Carlton staff member, without approval from their general manager, to spend up to $2,000 on a guest. And that's not per year. It's per incident” Simon F Cooper, President Ritz Carlton

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128 Everyone Understands what’s expected of them and behave accordingly and consistently Systems and processes are Built to reinforce and support the culture People are Engaged, Empowered and Encouraged to deliver them People are Rewarded and Recognised for doing it! 3D Businesses Ensure:

129 Champion Your Champions

130 Why not get your customers to do it?

131 3D Characteristic #6:

132 KeeP In Control!

133 Collect Analyse Communicate Maximise

134 Analyse Communicate Collect

135 What would you want to know?

136 Create A Profit Focus!

137 “50% of businesses cannot accurately determine their profitable customers and products” Source: KPMG

138 3D Characteristic #7:

139 InnovatiON!

140 “The successful exploitation of new ideas”

141 27% of UK employees are sitting on ideas that they think would be good for their business but they’re not putting those ideas forward. Source: L’Oreal Research

142 71% of UK businesses don’t have any such platform for contributions to be made! Source: L’Oreal Research

143 “My door is always open” is NOT a process!

144 Pizza Problem Solving!

145 1: Leadership 2: Systems and processes 3: Climate 4: Implementation

146 So.... in summary

147 3D Characteristic #1:

148 Get That Vision Thing!

149 3D Characteristic #2:

150 ‘Think in 3D’ !

151 3D Characteristic #3:

152 Create ‘Delighted’ and ‘Devoted’ Customers!

153 3D Characteristic #4:

154 Forget CRM, think MCR – Maximise your Customer Relationships!

155 3D Characteristic #5:

156 Create An UBER Culture!

157 3D Characteristic #6:

158 KeeP In Control!

159 3D Characteristic #7:

160 InnovatiON!

161 How Do You Measure Up?

162 Take action, not notes!

163 What can you do about it?

164 Talk to me!!! 0114 243 4666 07710 452355 andy@andyhanselman.com Chat Today!

165 today only £4.99! Normal Price £11.99 + £1.20 p&p

166 All purchasers today get FREE access to our innovative online 3D Diagnostic Tool! Normal price £9.99 Rate your business against the ingredients that make up the 7 Characteristics Receive a personalised report direct to your inbox based on your responses Unlimited access – see what your colleagues think and revisit it whenever suits! It’s a great accompaniment to the book! And it’s FREE when you buy it!

167 Andy’s 3D Thoughts...... 3 iDeas in 3 minutes in your inbox every Monday morning to help you Think in 3D !

168 “Vision without action is hallucination ” Thomas Edison

169 “Take the first step in faith. You do not have to see the whole staircase. Just take the first step” Martin Luther King

170 “Scare yourself, otherwise you’re not doing anything new ” Mary Murphy Hoye, Head Of R & D, Intel

171 “Don’t just stand there….. do something!” Dick Dastardly

172 So... what are you going to Do?

173 People can be divided into three groups

174 Those who make things happen Those who watch things happen Those who ask ‘what happened’?

175 MISSING YOU ALREADY! MISSING YOU ALREADY!

176 get my slides and other resources at: @andyhanselman andyhanselmanconsulting andyhanselman andy@andyhanselman.com

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