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Business Excellence in the NEW Normal

IMTRA Business Excellence12.10.13

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Page 1: IMTRA Business Excellence12.10.13

Business Excellence in the NEW Normal

Page 2: IMTRA Business Excellence12.10.13

Kuala LumpurOct 6th 2011

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For those who are prepared…For those who are prepared…

…chaos brings opportunity

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• The willingness… even enthusiasm… to change EVERYTHING combined with the wisdom to understand what must NEVER be changed.

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The Key To Success in the New Normal…

•Nimbleocity•Nim-bo-licous

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Anyone who tells you they enjoy change… should seek

immediate professional help.

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Emotional Response to Perceived Negative Change

Stability

Immobilization

Denial

Anger

Bargaining

Depression

Testing

Acceptance

TimePassive

Active

Emoti

onal

Res

pons

e

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Managing Positive Responses to Change

Uninformed Optimism

Informed Pessimism

HopefulRealism

Informed Optimism

Completion

CheckingOut

TIME

PESS

IMIS

M

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(T + C + ECF) x DE = Success

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1,300,000 interviews: Basic 4 + 1

Goal Setting

TrustAccountability

Communications

RECOGNITION

Page 8

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Brand New from HBR

• Individual differences are nurtured.

• Information is not suppressed or spun.

• The company adds value to employees rather than

merely extracting it from them.

• The organization stands for something meaningful.

• The work itself is intrinsically rewarding.

• There are no stupid rules.

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Extreme

Customer

Focus

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Web of Value: VOC + MOT + WOM

11

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Extreme Customer Focus

VOC

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Moments Of Truth

Page 8

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78.9%23.4%

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43% - 74% of purchasing decisions = WOM/T

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You MUST have a WOM Referral System

Know Like Trust Try Buy RepeatIdentify

Ideal Customer

ReferIdeal

Customer

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F D A

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Summary• Change is inevitable.• Embrace change and competition with a sense

of urgency.• You work in a great company, with world class

products and superior education.• You MUST work together to win in the

marketplace.• Own the VOC• Flawlessly deliver on the MOT.

• Focus + Discipline x Action

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THANK YOUIf you have any questions at all please do not hesitate to send a note or call.

My email address is: [email protected]

PLEASE connect with me on LinkedIn

Also, you might find value in the ideas I share in my blog. You can sign up for it at:www.blog.johnspence.com

Lastly, these slides have already been uploaded to:

www.slideshare.net/johnspence