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Published byScot Gardner Modified over 9 years ago
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Course Title
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Drive Growth and Profits with a Defined Company Culture George Hines George’s Music, Inc.
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Problem: Commoditization Product and Price Solution: Differentiation People and Processes
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Culture is Your Differentiation Is Yours by Default or Design?
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Culture: Consists of shared values and codes of conduct that set the standard for employee behavior and actions toward each other and toward their customers Definition of Culture
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“The Heartbeat of Your Company”
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Communicate Culture –Your Vision –Your Mission What is the one thing?
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Examples Of Customer-Focused Corporate Culture
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Examples – Customer Focused Culture
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Example – Customer Focused Culture
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Set standards for what should occur when someone enters your store Example - Customer Service Evaluation
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Culture - How Do You Keep It? Culture First – Experience Second Compromise Hire and Compromise Culture Hiring for the Culture Testing Using Profile Surveys Disc 2.0 Profile Taleo – On Line Application Surveys
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New Hires – First Day “WOW” Welcome Card sent to home First Day Celebration Cake Welcome Phone Call from Office Staff Manager takes out to Lunch Observation and Comfort Day Introduced to Regular Customers
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Example – Employee Focused Culture
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Recognize employee birthdays & occasions
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Communicate Culture Set Performance Expectations Review all documentation and sign off Explain in detail all expectations Create a Performance Summary 30 Day and 90 Day Review Establish Daily, Weekly, Monthly Goals
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Example – Communicating Culture Review expectations in writing and get signatures
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Example - Communicating Culture Start your day with morning huddle expectations
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Example - Communicating Culture Set standards for weekly meetings
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Reinforcement of Culture “What gets rewarded, you get more of!” Associate Recognition Forms Sales Performance Daily Recognition Performance Pay – Tie to Key Indicators Merit Raises for Great Behavior Establish an “elite” service team
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Example of Reinforcement of Culture Involve the “front lines” and recognize suggestions
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Example of Reinforcement of Culture Create audit forms for quality operations - SQI
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Example of Reinforcement of Culture Establish phone standards and audit
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Defined Culture Performance Statistics *Company results in a 10-year study –Increased Gross Revenues 682% vs 166% 4X –Increased Company Value 901% vs 74% 12x –Increased Net Income 756% vs 1% 756x –Increased Job Growth 282% vs 36% 8x * John Kotter “Corporate Culture and Performance”
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George Hines George’s Music, Inc. glhines@georgesmusic.com Define your company culture to Drive growth and profits!
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