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Motivation, Behaviour and Results. Understanding how behaviour drives your business culture. Erik Vermeulen Behavioural Economics Strategist.

Building the right Culture for your Business

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Global speaker and Behavioural Economics Strategist Erik Vermeulen presented at the South African Spa Association on how to build the right culture for your organisation.

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Page 1: Building the right Culture for your Business

Motivation, Behaviour and Results.

Understanding how behaviour drives your business culture.

Erik VermeulenBehavioural Economics Strategist.

Page 2: Building the right Culture for your Business

Being an Outsider

Page 3: Building the right Culture for your Business

Your Brand

Page 4: Building the right Culture for your Business

What do you think when you see…

Page 5: Building the right Culture for your Business

What do you think when you see…

[YOUR BRAND HERE]

Page 6: Building the right Culture for your Business

“The goal is not to do business with everybody who needs what you have. The goal is to do business with people who believe what you believe.” Simon Sinek

Page 7: Building the right Culture for your Business

The Golden Circle

Page 8: Building the right Culture for your Business

SHEER DRIVING PLEASURE

BEAT THE BENZ

Page 9: Building the right Culture for your Business

GLOBALLY CONNECTING PEOPLE

HIP GEEK

Page 10: Building the right Culture for your Business

Why is company culture important?

Page 11: Building the right Culture for your Business

68% of customers leave because of poor employee attitude.

Page 12: Building the right Culture for your Business

41% of customers are loyal because of a good employee attitude.

Page 13: Building the right Culture for your Business

70% of customer brand perception is determined by experiences with people.

Page 14: Building the right Culture for your Business

Global Economic Change

Attention Economy Attraction Economy

Interruption Engagement

Reactive Interactive

Big Promises Intimate Gestures

What you need What I want

Page 15: Building the right Culture for your Business

Right now, Gen Y outnumber Baby Boomers,

96% belong to Social Networks

Page 16: Building the right Culture for your Business

In 1995, the average person

had 27connections.

In 2005, the average person

had 215connections.

Page 17: Building the right Culture for your Business

“Your marketing department does not own your brand or your

culture, it belongs to the collective behaviour of your

employees.”

Erik Vermeulen

Page 18: Building the right Culture for your Business
Page 19: Building the right Culture for your Business

Your People

Page 20: Building the right Culture for your Business

Delivering a consistent experience

New Product Development

Annual Report

Internal communications

Website

Packaging look-and-feel

Special promotions

Customer Communications

Office design, e.g. Experience Centre,

Call centres

Product line alignment

Retail outlet design

Signage & Way finding

Collection points, pre-paid kiosks

Employer Brand

Leadership behaviours

Service standards

Business principles

People & Behaviour

Marketing & Communications

Products & Services

Environments

Billing

Experience

Naming

After sales service

Training

Page 21: Building the right Culture for your Business

21%Engaged

41%Enrolled

30%DisenchantedSignificantly lower on all three components of engagement

High scores on rational and motivational components, but low on emotional

That’s only 1 in 5

Global Workforce Survey

8%DisengagedCompletely disconnected rationally, motivationally and emotionally

Global Results (based on rational, emotional, motivational): Based on a global survey of 90,000 employees in 18 countries and Tower Perrin’s database of 2 million annual responses in 40 countries

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Page 22: Building the right Culture for your Business

Bran

d st

reng

th

Challenge

Building advocacy

5 AdvocacyI believe in what we do and I recommend our brand

4 ActionI know what I can do to support our brand

3 AbilityI have the skills and knowledge I need

2 Attitude It makes sense to me

1 Awareness I know what we stand for

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Page 23: Building the right Culture for your Business

Your Culture

Page 24: Building the right Culture for your Business
Page 25: Building the right Culture for your Business

Values

Page 26: Building the right Culture for your Business
Page 27: Building the right Culture for your Business

Goals

PEOPLE FINANCIALSERVICE GROWTH

Page 28: Building the right Culture for your Business

“We change behaviour by framing what we want people to do into

something that is relevant to them.”

Erik Vermeulen

Page 29: Building the right Culture for your Business

Leadership

Page 30: Building the right Culture for your Business

“You can’t sell it outside if you can’t sell it inside.”

Erik Vermeulen

Page 31: Building the right Culture for your Business

Perceived Control

Perceived Progress

Connectedness

Vision / Meaning

Page 32: Building the right Culture for your Business

The Partnership Model

Glee We

See

Flee

Me

Fee

Page 33: Building the right Culture for your Business

“What we allow will continue.”Erik Vermeulen

Page 34: Building the right Culture for your Business

The Creed of Champions

Page 35: Building the right Culture for your Business

I will start each day by:

4. Treating all customers as though they are the most important people in the world.

1. Treating people I work with as the best in the business.

2. Looking for opportunities and not problems.

3. Doing things today and not tomorrow.

Page 36: Building the right Culture for your Business

I will start each day by:

8. Reminding myself that Self-Motivation is the key to success.

5. Choosing to have a positive day6. Reminding myself to smile

7. Generating enthusiasm in my company, my family and my life

Page 37: Building the right Culture for your Business

Self - Motivation

• Count your blessings

• Live everyday like it’s your last

• Admit that it’s your choice

• Focus on the positive

• Play to your strengths

• Visualization

• Believe

Page 38: Building the right Culture for your Business

Thank You

www.erikvermeulen.com

@ErikMVermeulen

Erik VermeulenBehavioural Economics Strategist.