Category Archives: Leadership

THE QUI RULE OF THREE CUSTOMER SERVICE LEADERSHIP QUESTIONS: (Why only three? Because nobody can remember Number Four):

THE QUI RULE OF THREE CUSTOMER SERVICE LEADERSHIP QUESTIONS: (Why only three? Because nobody can remember Number Four):

1. “What are you hearing from our customers?”

You cannot even begin to satisfy customers until you remove all the potential dissatisfiers within the customer experience. So, find out what your people are hearing and systematically remove any potential sources of dissatisfaction.

2. “What can I do to help?”

As much as you want your employees to fulfill your customers’ needs, you need to serve your employees to achieve theirs.

3. “What if?”

When you ask, listen intently, respond empathetically, and take prompt action to address any issues, your team members will feel respected, appreciated, and valued.

When you create a GREAT experience for your people, they will do the same for your customers, and you will earn the loyalty of both. Soon, without a focus on profits, profits will grow. Everyone’s experiences and, ultimately, their lives, will be enriched.

#customerservice #customerexperience #employeeengagement #employeeexperience #custserv #custexp #cx

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You can’t satisfy customers with disengaged employees. Start there. CARE for your people first. 

QUI TAKEAWAY: You can’t satisfy customers with disengaged employees. Start there. CARE for your people first.  

  • COMMUNICATE openly, interactively, frequently, and continuously any information your people need and want to know. Listen empathetically to their concerns, questions, and complaints. Express compassion and encouragement. 
  • APPRECIATE your people’s roles and responsibilities.
  • RECOGNIZE and offer accolades for team and individual accomplishments and acts of service.
  • EMPOWER people to make the right decisions for themselves, their colleagues, and others.

When you CARE for your people, they will feel respected, appreciated, and valued. With your support and encouragement, you will inspire and empower them to develop, not the business, but themselves and engage others. When you create a GREAT experience for your people, they will do the same for customers. Soon, without a focus on profits, profits will grow. The experiences and lives of everyone, your people and their customers and you and your business, will be enriched.  

#employeeengagement #employeeexperience #customerservice #customerexperience #custserv #custexp #cx

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Today, in paying it forward, ask, “What can I do for you?”

In 1976, while I was a 20-year-old student at Santa Clara University, CA, I became a part-time charter associate of Marriott’s Great America Theme Park. After graduating from college two years later, I joined Marriott Hotels and until 2021, I’ve been in full-service and luxury hotels and resorts. There was no such thing as CX, but I was doing more than serving to satisfy guests. I wanted them to have a “better than the average” experience that guests expected. So I served to WOW them. I served to CARE (Communicate. Acknowledge. Respond. Enrich). Big difference.

As a general manager/managing director for 27 of 43 years in hospitality, I planned to retire and be a customer CARE speaker, but, then, everything went south. Unfortunately, I suffered a stroke in April 2021. Overnight, I dropped from Mr. “Let’s be GREAT out there!” to Mr. Invisible. I have slurred speech and a dead right side. I hope to recover soon if my unconscious mind is willing.

Today, I can tell you that growing up and getting older are not the same. Growing up is looking forward to what is to come. Getting older is looking back at what might have been. When I was growing up wrapped up in the busyness of the business, I listened to my mental radio station WII-FM, focusing on “What’s in it for me?” Now, as I am not only getting old but already there, my focus is oh, so different.

Mark Sanborn has said, “You don’t need a title to be a leader”. So, I aspire to be a servant leader who will CARE for others.

COMMUNICATE openly, transparently, interactively, and frequently any information people need and want to know. Listen empathetically to the people’s suggestions, concerns, and complaints. Express compassion and encouragement.
APPRECIATE the important roles, responsibilities, and efforts of people.
RECOGNIZE, honor, and offer accolades for individual and team achievements, accomplishments, and acts of service.
EMPOWER people to make the right decisions.

When I CARE, I hope to empower people to develop themselves. And, in paying it forward, they will be enthused and energized to engage with their colleagues and others. 

So, today, my question is “What can I do for you?”

#customerservice #customerexperience #leadership #custserv #custexp #cx

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Whatever your title or position, be a servant leader to all generations, especially Gen N.

A veteran of over 40 years in hospitality leadership, I was, until several years ago, a customer service/customer experience speaker. Unfortunately, I suffered a stroke in April 2021. So, I have slightly slurred speech and a dead right side. Since my stroke, I’ve gone from Mr. “Let’s be GREAT out there!” as GM/Managing Director to Mr. Invisible, sequestered alone with my wife in my San Diego apartment. Today, I want to tell you my real-life customer experience story.

On Friday, I was at the downtown CVS Pharmacy sitting in my wheelchair, waiting for my prescription. Meanwhile, a young lady looked at me and motioned if she could go ahead. When I answered yes, she asked the pharmacy clerk for her prescription. When asked by the clerk for her name and age, the young lady responded with her name and birthdate ending in 08. Since I could not easily calculate her age (because of my memory lapses due to my stroke or early onset dementia), I asked her how old she was. She quizzically looked at me, did not respond but looked at the pharmacy clerk. The clerk said that I was asking several people about their age (I did). The young lady didn’t say anything to her nor did she say anything or smile to me. She simply walked away with her prescription. With that, the pharmacy clerk looked at me and shrugged.  

I envision that young lady, who I now recognize is only 16 years old, is now a part of the Gen N generation. You may think Gen N is the Now Generation who wants an experience that is quick, easy, and NOW. But, I perceive Gen N as Generation Nobody. Anyone older than Gen N is a Nobody to them. Listening with their earplugs and watching on their cellphones with their friends or young social media influencers, Gen N is oblivious to any older generation around them. In this case, I really did feel that I was a nobody to the young lady.  

Now that I am older and wiser, especially given this incident, I advocate this: 

QUI QUOTE: Whatever your title or position, be a servant leader who will CARE for people first. 

COMMUNICATE with each person with a smile, eye contact, and polite interaction. Inform each person transparently and interactively.,

ACKNOWLEDGE each person’s presence and value to you as a human being with emotions and feelings.

RESPOND promptly and empathetically to each person’s statements, questions, concerns, and complaints.

ENRICH the experiences and, ultimately, the lives of every person.

Instead of asking your people, “What can you do for me and my business?”, through your words and actions, ask them two questions:

“How are you feeling?”

“How can I help?”

When you ask, listen intently, respond empathetically, and act promptly to take appropriate corrective action, your people will feel respected, appreciated, and valued.  You will inspire and empower them to develop themselves and engage others. Soon, everyone’s experiences and, ultimately, their lives, will be enriched.

What do you think? Whether you agree or disagree, discuss or not, I’m sure that we, yes, you and me, can interact with each other without being disagreeable. And for that, I very much appreciate you. I look forward to seeing who you consider is a GREAT servant leader.

#leadership #servantleadership #employeeengagement #employeeexperience #customerservice  #customerexperience #custserv #custexp #cx

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QUI QUOTE Reminders about Customer Service and Leadership

English writer Samuel Johnson said, “People need to be reminded more often than they need to be instructed”. So I encourage you to remind yourself and your colleagues every day about each one of these reminders I published in 2023:

25 QUI QUOTE Reminders about Customers and Customer Service.

15 QUI QUOTE Reminders about Leadership and Employee Engagement.

You can either repeat these QUI QUOTES or remind yourself, your customer CARE team, or your leadership colleagues about these QUI QUOTES which are collectively published this month in 2024.

ASSETS

Your most important assets are not your customers and your people. It’s how your customers and your people feel about you and your company.

CEO OF THE MOMENT

To a complaining customer, you are not a representative of the company. You ARE the company. So, own it. Be the CEO of the moment. Take it personally. Take it professionally. Take it responsibly. Just don’t take it at home.

COMMON SENSE

Delivering GREAT customer service is business common sense. Your job is to make it common practice.

COMPLAINT 

A customer complaint is a gift. Take the perspective that customers complain because they want to help your business. Otherwise, they would walk away, saying nothing, with no intention of ever returning.

CONDUIT

Your relationship with your customers, not their purchase of your product, is the conduit where true value flows.

CSAT CX METRICS

Your customers don’t care about your NPS, CSAT, or CX metrics. They only care about theirs: One to One. Human to Human. Heart to Heart. The value to your customers is in their personal interactions, not your “cash or credit” business transactions. To earn customer loyalty, don’t get inside their heads. Get inside their hearts. Create an emotional connection. Think RELATIONSHIPS or Go Broke. Literally.

CUSTOMER

A customer is a person. Not a dollar, Not a satisfaction score. Not an online review. Customers are people. CARE BIG for them.

CUSTOMERS BOUGHT

You know you have customer CARE right when your customers don’t tell others what they bought. They tell others who they bought it from.

DISSATISFY ME

No customer, intent on paying, has ever entered your store to loudly proclaim, “Here I am. Dissatisfy me now!”

No employee, intent on working, has ever started their first day by loudly proclaiming, “Here I am. Dissatisfy me now.” If all you do is lead with top-down, one-way, communication, your employees will soon be disillusioned and disengaged, only working because they HAVE TO. But if you have a servant leadership mindset to CARE for your employees, your people will feel respected, appreciated, and valued. They will loyally return, be more productive, and rave to others on social media.

EXPERIENCE TRUMPS

Your customer’s negative experience of your service trumps your advertising every time.

EXPLANATION EXCUSE

Listen to their complaints with the intent to take action, not to explain. To a customer, when something is wrong, your explanation is an excuse. Customers want action, not excuses.

FINE

When you ask customers “How is everything?” and they respond, “Fine,” just know you “Failed In Nailing Expectations.”

HABIT

If you want your people to make it a habit to deliver outstanding customer CARE, you have to make it a habit to recognize them when they do.

INNOVATION

We need to future-proof the customer experience. We analyze the journey to ask, “What are the potential dissatisfiers and how can we remove them?”, and when we ask and take action, a negative customer experience has turned into a neutral one. But that’s not good enough. Satisfied customers feel their experience is good, not better, just average. Nobody raves about average. And satisfied customers will leave when they find an experience that is better or a less expensive price.

So don’t serve to satisfy customers. Don’t treat customers as they would have expected. Don’t treat them as they want to be treated. And don’t treat them as YOU want to be treated. Instead, treat them a little better than they want to be treated. Serve to WOW them.

Future-proof the customer experience. In addition to asking “What happened?” to your people answering customer complaints, ask them “What if?” Exceeding the expectations of current customer needs and innovating future potential customer wants will maximize the ROI of CX. So, always be asking, “What happened?” and “What if?” Always be innovating. And always be GREAT out there!

KEEP FIND

Work as hard to keep customers as much as you do to find them.

MARKETING

Marketing is not your advertising online to customers. It’s your customers raving to others on social media about your customer CARE. To them, you’re not just good. You are GREAT out there!

METRICS

Your customers don’t care about your NPS, CSAT, or CX metrics. They only care about theirs: One to One. Human to Human. Heart to Heart.

NOBODY

Nobody raves about a company that meets customer expectations.

Nobody raves about average.

OVERPROMISE

Overpromise and underdeliver and you’re sure to lose a customer’s trust. Don’t make it right and you’re sure to lose a customer.

PERCEPTION

Your customer’s perception of your customer service trumps your advertising

PERFECT PRACTICE

The most valuable thing you can make is a mistake. But you CAN learn something by being perfect … for your customers. When it comes to business, the customer’s value in their experience is just “perfect.” Practice does not make perfect. Perfect practice makes perfect … for your customers.

PERSPECTIVE

Take the perspective that the customer complains because he wants to help your business. Otherwise, he simply would have left, saying nothing, intent on never coming back.

POLICY

If you’re making frequent policy exceptions, then customer perception does not match company promises. It’s poor policy. Fix it.

PRICE VALUE

When customers complain, they don’t complain about the price. They complain about the value of their experience for the price that you’re asking them to pay. On the flipside, customers will pay for their best experience, no matter the price.

RELATIONSHIP 

The value to your customers is in their personal interactions, not your “cash or credit” business transactions. 

Your relationship with your customers, not their purchase of your product, is the conduit where true customer experience value flows.

SERVE WOW CARE

Don’t serve to satisfy customers.

Don’t treat customers as they expect to be treated. And don’t treat them as you want to be treated. Instead, treat them a little better than they want to be treated. Serve to WOW them. Serve to CARE.

COMMUNICATE with each customer with a smile, eye contact, and polite interaction. Inform each customer transparently and interactively of the product’s or service’s function, liabilities, and advantages to them.

ACKNOWLEDGE each customer’s presence and value to you and your company.

RESPOND promptly and empathetically to each customer’s questions, concerns, and complaints.

ENRICH the experiences and, ultimately, the lives of every customer.

When you CARE, each customer is WOWED and happy, intent on returning repeatedly, spending more money, and raving to others on social media.

VALUE

As their leader, the value to your people is in their personal interactions with you, not your business transactions with them.

VENT

Listen and allow complaining customers to vent. Angry or frustrated customers generally will not listen or accept your apology until they have an opportunity to voice their frustrations.

WORLD’S BEST

The “World’s Best” customer experience is not as the world sees it. The “World’s Best” Is how one customer FEELS it.

Every morning, when you prepare yourself or your customer CARE people to engage and WOW your customers, I encourage you to remind yourself or your customer CARE people during your daily briefing by reciting one of your favorite QUI QUOTES and, in the end, saying, “Don’t be just good. Be GREAT out there!”

#customerservice #customerexperience #customerloyalty #custserv #custexp #cx #leadership #servantleadership #employeeengagement #employeeengagement

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QUI QUOTES Reminders about Leadership and Employee Engagement.

English writer Samuel Johnson said, “People need to be reminded more often than they need to be instructed”. So, I encourage you to remind yourself and your colleagues every day about each one of these fifteen QUI QUOTES about leadership and employee engagement.

ASSETS

Your employees are not your most important assets. It is about how your employees FEEL about you and your company. As a leader, don’t be just good to your employees. Be GREAT out there!

BUSINESS LEADERS FORBIDDEN PHRASE: “We’ve always done it that way.”

Your employees would say to themselves, “Well, if you’ve already done it that way, then we’ll go somewhere else that pays more,” or “We’ll go somewhere else where they communicate, support, and motivate us,” or “We’ll go somewhere else where they recognize and appreciate us for our team and individual achievements, accomplishments, or personalized acts of customer service.” Instead of saying, “We’ve always done it that way”, do better. Don’t just be good. Be GREAT out there!

EMOTIONAL CONNECTION

To earn employee loyalty, don’t get inside their heads. Get inside their hearts. Create an emotional connection. The more emotional the connections, the more memorable the experiences, and the more loyal the employees are.

FIND KEEP

Your business success is not dependent on how many candidates you find. It’s all about how many employees you keep. 

FIRST BEST

First, be the best for your employees. Then, you will be first among your competitors. Ultimately, your employees will exceed customer expectations. Do not take for granted the immense impact a concerned, vital group of employees can do to enhance the image and success of your business. Whether it is through recognition programs or your visible management, your employees must sense and believe in your conviction that they are your competitive edge – the reason why customers will return to your business.

HEARTS

If you want to win the hearts of your customers, you, first, must win the hearts of your employees.

INVESTMENT

Your employee should be seen as a long-term investment in your business and not as a short-term labor expense.

KEEP FIND

Work as hard to keep your employees as much as you can to find new ones.

LOYALTY

Customer loyalty to your company starts with company loyalty to your people. Focus as much on creating a GREAT experience for your people and they will do the same for your customers and you will earn the loyalty of both. Soon, without a focus on profits, profits will grow. Everyone will be enriched, your people, your customers, and you and your business, will be enriched, emotionally and financially.

MAGNIFICENTLY BORING TO CARE

Be Magnificently Boring to CARE for your people. Consistently CARE so repetitively that you feel it is boring, but to your people, you are Magnificent! Your people have an emotional connection. The more emotional the connections, the more memorable the experiences, and the more loyal your people are. Your loyal people will repeatedly return to work, be more productive, and rave to others on social media. Consistency builds trust. Trust builds relationships. Relationships build loyalty. Loyalty builds your business. CARE Magnificently!

PASSION

Work because you HAVE TO is a job. Work because you WANT TO is a passion. Find your passion.

Select for passion over performance. Working because someone HAS TO is a job. Working because someone WANTS TO is a passion. Find their passion.

Your business has a mission statement. As a leader, you should have a passion statement. The best managers are passionate about what they do. Frankly, if you are not passionate about what you do for your people, you have no right to manage others. Be sure to express your passion for your people.

PAYCHECK

“If the only thing your employees get out of their job is a paycheck, you, as leaders, have failed”. Emotional remuneration is just as important to the employee’s well-being as much as it is to their financial health. Employees don’t care much about how big their pay is. They only care about how big you care about them. So, CARE BIG!

PEOPLE FIRST

Instead of focusing on “Profits over People”, envision “People First” as the solid foundation for everlasting business success. With a “People First” culture, no longer are people taking second or third seats to profits or customers. Your people’s emotional well-being would take priority over your business’s financial health.

POLICY

If you’re making frequent policy exceptions, then employee perception does not match company promises. It’s poor policy. Fix it.

RELATIONSHIPS

Relationship capital is the only real currency of value to grow your business. So, when it comes to your people and your business, Think RELATIONSHIPS or Go Broke. Literally.

RESPONSIBILITY

The responsibility of business leaders is not to develop the business. It’s to develop their people.

SERVANT LEADERSHIP

Whatever your title or position, be a servant leader who will CARE for your people first.

CARE for each member of the team:

  • COMMUNICATE openly, transparently, interactively, frequently, and continuously any information that your people need and want to know. Listen empathetically to the people’s concerns, questions, and complaints. Express compassion with your recommendations and encouragement. 
  • APPRECIATE the important roles and responsibilities of your people.
  • RECOGNIZE and offer accolades for team and individual accomplishments and acts of service.
  • EMPOWER people to make the right decisions for themselves, their colleagues, and others.

When you CARE, your people will feel respected, appreciated, and valued. With your support and encouragement, you will inspire and empower them to develop themselves and engage others. Soon, everyone’s experiences and, ultimately, their lives, will be enriched.

TWO QUESTIONS

Whatever your title or position, be a servant leader. Instead of asking your people, “What can you do for me and my business?”, ask your people two questions:

“What do you think?”

“How can I help?”

When you ask, respond empathetically, and act promptly to take appropriate corrective action, your people will feel respected, appreciated, and valued. With your support, encouragement, and action, you will inspire and empower them to develop themselves and engage others. Soon, everyone’s experiences and, ultimately, their lives, will be enriched.

If you think my 15 QUI QUOTES on leadership and employee engagement are a little more than I reminded you, you’re right. GREAT leadership is not top-down, one-way, communication to employees. Whatever your title or position, GREAT leadership is servant leadership. Don’t just lead your employees. Don’t treat your employees as they expect to be treated. And don’t treat your employees as YOU expect to be treated. Instead, treat your people a little better than they expect to be treated. Be a servant leader to CARE for your people. When it comes to leadership, don’t just lead them to be good. Be a servant leader to CARE for your people and be GREAT out there!

#leadership #servantleadership #employeeengagement #employeeengagement

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Now is the time for a People First Revolution!

Despite the business turmoil of the pandemic, Skimpflation, The Great Resignation, quiet quitting, and, now, the recession, envision a time when your business will, not only survive but, soon, thrive and succeed. Just exactly when is that time? Well …

Now is the time for a People First Revolution! One caveat is Employees First. Business leaders see themselves as bosses, hierarchical rungs well below their subservient “employees first” at the bottom of the ladder. With a “People First” culture, no longer are people taking second or third seats to profits or customers. Your people’s emotional well-being would take priority over your business’s financial health.

With that your People First in mind, whether your position or title, be a servant leader who will CARE for your people.

  • COMMUNICATE openly, transparently, interactively, frequently, and continuously any information that their people need and want to know. Listen empathetically to the people’s concerns, questions, and complaints. Express compassion with their recommendations and encouragement. 
  • APPRECIATE the important roles and responsibilities of their people.
  • RECOGNIZE and offer accolades for your people’s individual and team accomplishments and acts of service to colleagues or customers.
  • EMPOWER people to make the right decisions for themselves, their colleagues, customers, and your business.

As a servant leader, ask your people two questions:

  • What do you think?
  • What can I do for you?

When you ask, promptly respond, and take action as appropriate, your people will feel valued and respected. They’ll be inspired, energized, and empowered to develop themselves. and engage their colleagues their customers and you and your business.

When you create a GREAT experience for your people, they will do the same for your customers, and you will earn the loyalty of both. Soon, without a focus on profits, your profits will grow. And everyone, your people, your customers, you and your business, will be enriched, literally and figuratively.

So what are you waiting for? Now is the time. It’s time for a People First Revolution! First, you will be best for your people, and then you will be first among your competitors.

#employeeengagement #employeeexperience #customerservice #customerexperience #custserv #custexp #cx

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Merriest of Christmases and Happiest of Holidays and New Years!

Ever since I had my stroke in April last year, writing has been literally a labor of love. I hope that you have gained some insight into how to Deliver the World’s Best Customer Experience by not just serving to satisfy customers, but rather to WOW them.

I want to thank each of you for reading my blog this year. I very much appreciate you. In appreciation, and in paying it forward, for this New Year, I don’t wish you good luck in the future. I wish you GREAT success and fortune, literally and figuratively.

Merriest of Christmases and happiest of Holidays and New Years! May your New Year be GREAT out there!

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When It All Comes Down to Business, It’s “People First”

For many years, there has been a stranglehold of the “Profits over People” mentality in business. Senior executives care about top-line revenue, product and labor costs, market share, the stock price, bottom-line profits, and even their competitors, more than their people. Listening to the sweet cha-ching sound of profits, these bad bosses do not hear their grumbling employees and complaining customers many hierarchical rungs below. Even if bosses could hear, they would wear noise-canceling headphones, oblivious to the employees’ concerns and customer complaints. And “Profits over People” bad bosses would demand “My way or the highway” to the employees. Bad bosses didn’t care much about employees and employees could care less about their bosses or customers. 

Today, instead of focusing on “Profits over People”, envision “People First” as the solid foundation for everlasting business success. One caveat is “Employees First”. Managers will always see people as “employees”. Despite preaching “Employees First”, senior leaders would always have the rank and file employees “first”, on the bottom of the ladder, well below the leaders.

Recognizing “People First”, leaders will CARE for their people.

  • COMMUNICATE openly, transparently, interactively, and frequently any information that their people need and want to know. Listen empathetically to the people’s suggestions, concerns, and complaints. Express compassion with their recommendations and encouragement.
  • APPRECIATE the important roles, responsibilities, and efforts of their people.
  • RECOGNIZE, honor, and offer accolades for individual and team achievements, accomplishments, and acts of service to colleagues or customers.
  • EMPOWER people to make the right decisions for themselves, their colleagues, customers, and their business.

Whether it’s the turmoil of the pandemic, Skimpflation, or The Great Resignation, businesses will invigorate the New Normal with the “People First” culture. No longer are people taking second or third seats to customers or profits.

This cultural transformation of “People First” and the leadership commitment to CARE will enthuse and energize people to be engaged with their colleagues, customers, and the business.

When we create a great experience for people as much as we do for customers, we will earn the loyalty of both. And soon, without our focus on profits, profits will follow. And everyone, our people and our customers, will be enriched, literally and figuratively.

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Joseph Michelli: What’s the Purpose of Your Business?

“You will be the same person in five years as you are today except for the people you meet and the books you read.” Charlie “Tremendous” Jones.

Believing in this mantra for years, as an avid reader of the books by Dr. Joseph Michelli, I have learned so much about delivering the World’s Best Customer Experience through his insight starting with his book, The Starbucks Experience: 5 Principles for Turning Ordinary Into Extraordinary. Having had a long career in hospitality, I especially learned from Dr. Michelli’s The New Gold Standard: 5 Leadership Principles for Creating a Legendary Customer Experience Courtesy of the Ritz-Carlton. I was fortunate to have Dr. Michelli write a blog post about his book, Driven to Delight: Delivering World-Class Customer Experience the Mercedes-Benz Way.

Before I begin, I want to thank Bill for his thought leadership in customer experience elevation and his longstanding support of others like me.

If your answer to that question was anything other than “to create a customer,” you may want to read on.

It’s common for entrepreneurs and business leaders to think they are in business to “create profit”; however, I’d argue you are in business to “create a customer” – since there is no profit without them. Ironically, prioritizing profits can actually lead to business decisions that drive customers away.

As a consultant to organizations of all sizes (from startups to global enterprises like Mercedes-Benz or Starbucks), I’ve learned that “customer creation” (attracting and retaining them) is a simple matter of value! 

For my book Stronger Through Adversity, I spoke to more than 140 plus CEO’s and C-suite executives to garner insights on how they create value for their team members and customers in the context of the pandemic. 

Their insights reinforce six key components of creating and exchanging customer value to drive success in good times and bad:

  1. Explore value: Understand the wants and needs of your consumers.
  2. Create value: Craft solutions to address your consumers’ needs.
  3. Market value: Communicate the benefits of your solutions to your consumers.
  4. Sell value: Help consumers find sufficient value in your offerings so they will provide something of value to you in return (e.g., make a purchase).
  5. Deliver value: Ensure your consumers receive the value you promised.
  6. Prosper through value efficiency: Deliver value economically to sustain and grow your business (or else you have a hobby).

I will concede that my value formula is a lot easier to capture on paper than it is to deliver in day-to-day operation, so let me offer a few questions to help you ensure you are on the right track:

  • What have you done to uncover your target customer’s stated and unstated wants and needs (market research)?
  • How do you know your products/services will meet a sizable need (focus groups/beta testing)?
  • How can you gain access to the customer segments that will find your solutions attractive (targeted marketing strategies)?
  • What benefits, attributes or experiential elements of your product/service are you emphasizing during your sales process (sales tool development and training)?
  • How are you ensuring that your customers receive the value every time they interact with you – no excuses (service skill tools and customer experience design)?
  • Have you tested pricing options to guarantee you are maximizing profitability to fuel your sustainability (pricing optimization)?

Large businesses benefit from individual departments that focus on all elements of value creation and delivery while smaller businesses benefit from being closer to their customers.  In all cases, the businesses that faired best throughout the pandemic were those that most nimbly pivoted to address the changing wants, needs, and desires of those they serve. 

In keeping with lessons from Stronger Through Adversity, may you continually and adaptively pursue value that results in customers’ creation, profits, and growth!  

You can learn more about Stronger Through Adversity and get your copy here.

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