2019 Business Excellence Forum – Blinding Flashes of the Obvious Part 2

Continuing with Brad Sugars’ presentation.  Brad listed some of his favorite 5 Ways strategies (in his order of preference):
  • Margin:
    • Don’t just raise prices, continually educate your customers and team as to your value proposition
    • Don’t discount – instead of giving away cash, give away value (make it special)
  • Conversion Rate:
    • Training, training, training
    • Make a benefit list – the top reasons customers should buy
    • “you can’t outsell your competitors if you don’t know them.” – Learn as much as you can about what they do well and not so well
    • Flowchart your sales process
    • Use Critical Non-Essentials (CNEs)
  • Average $ Sale:
    • Training, training, training
    • A/B/C/D customers – guide your customers, or send some of them to your competition
  • Number of Transactions:
    • Constantly build your database
    • Rebooking
    • VIP programs
    • Special offers & events
  • Lead Generation:
    • Video testimonials
    • Professionally built website
“Marketing is the life-blood of the business.” Our next speaker was the very inspirational Dr. Jen Welter.  Dr. Welter is the first female coach in the NFL.  She coached the inside linebackers for the NFL’s Arizona Cardinals.  A few key BFOs are:
  • Don’t live life looking in the rearview mirror
  • Be defined by what you do, not by what people are willing to pay you
  • “You are the producer, director, and lead actor of your life.”
  • “Why fit in when you can stand out?”
  • People listen when you whisper
We finished day one with a presentation from Richard Maloney, Founder and CEO of Engage & Grow Global.  Richard’s presentation revolved around the subject of employee engagement; its definition, costs, and its cure.  Among the many, many BFOs presented are the following highlights:
  • “Nobody cares how much you know until they know how much you care.” – Theodore Roosevelt
  • Definitions of the different levels of employee engagement
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  • According to a 2017 Gallup survey of companies in the US 69% of employees were disengaged (a 1% improvement from 2016)
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  • Disengagement looks like this
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  • And a Gallup poll concluded that an engaged workforce yields tremendous benefits
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  • Richard outlined the 6 Steps to employee engagement
img_2913-for-blog A few more key BFOs
  • “If you don’t measure, you lose treasure.”
  • Resolve disagreements within your company quickly – get the “splinters” out before they become infected
  • A great question to regularly ask your team is – “What around here needs to improve to become number one in our industry?”
Stay tuned for the next installment of BFOs from the 2019 BEF.

2017 Business Excellence Forum – Blinding Flashes of The Obvious Part 3

Day two was kicked off (no pun intended) by Tim Brown, 1987 Heisman Trophy winner, NFL Hall of Fame member, and very inspirational speaker.  Here are some of my Tim Brown BFOs:
  • Be the coach
    • Be sure of yourself & your approach
    • Emphasize team
    • Look for & guide team members to see their abilities & potential
  • Talent is not enough – you need mental strength to succeed
  • Realize that sometimes a mindset change may be required to move forward
  • img_9612-small
  • Seek mentors …
    • Who can show you something about yourself
    • See what you cannot see within you
    • Say what you need to hear, not what you want to hear
  • Don’t be adverse to using a proven system from elsewhere
  • Little things lead to big results
The next speaker was Richard Maloney, President of Engage and Grow, a strategic partner of ActionCOACH.  In the course of presenting the benefits and outline of the Engage & Grow 12-week program, Rich enlightened us about the current poor state of employee engagement, strategies to raise the level of engagement and the benefits thereof:
  • img_9637-small
across the USA only 24% of employees are highly engaged.  Another way of looking at that is img_9638-small on average two out of every ten of your team are so highly disengaged that they would sabotage your company, or jump ship.  If you think your team would score as more engaged, think again.  A survey of their clients found a 30% gap between senior management’s guess and the team’s actual level of engagement. img_9640-small The Engage & Grow program taps into the science of motivation.
  • A Deloitte survey found that companies with highly engaged teams were eight times more successful over a ten year period than industry peers with lower team engagement.
  • Our job is to change the lives in front of us.
Next up was Paul Dunn, Chairman of B1G1, a global business giving initiative on a mission to create a world full of giving.  Paul’s presentation was in keeping with this year’s BEF theme of Serve More to Earn More. Paul opened with the following quote from Sir Issacs Newton: img_9666-small Using www.internetlivestats.com in order to show that time is increasingly compressed, he displayed some live global stats for that moment: (2/21/2017):
  • 7,519 tweets / sec.
  • 2,472 Skype calls / sec.
  • 58,875 Google searches / sec.
  • 68,234 YouTube video uploads / sec.
  • 2,566,295 email / sec.
  • 42,125 gbytes / sec.
And img_9670-small He quoted Peter Diamandis: img_9674-small He urged us to EARN more to GIVE more, and vis-a-versa: img_9676-small to address these global issues There are two choices we can make: img_9678-small or img_9679-small “The challenge is not to be successful, the challenge is to matter more. – Seth Godin From Simon Sinek’s “Start With WHY” img_9684-small img_9686-small This wraps up part three of my 2017 BEFA BFOs.  There will be more Paul Dunn and Brad Sugars in part four.