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Business Excellence in the NEW Normal
Kuala LumpurOct 6th 2011
For those who are prepared…For those who are prepared…
…chaos brings opportunity
• The willingness… even enthusiasm… to change EVERYTHING combined with the wisdom to understand what must NEVER be changed.
The Key To Success in the New Normal…
•Nimbleocity•Nim-bo-licous
Anyone who tells you they enjoy change… should seek
immediate professional help.
Emotional Response to Perceived Negative Change
Stability
Immobilization
Denial
Anger
Bargaining
Depression
Testing
Acceptance
TimePassive
Active
Emoti
onal
Res
pons
e
Managing Positive Responses to Change
Uninformed Optimism
Informed Pessimism
HopefulRealism
Informed Optimism
Completion
CheckingOut
TIME
PESS
IMIS
M
(T + C + ECF) x DE = Success
1,300,000 interviews: Basic 4 + 1
Goal Setting
TrustAccountability
Communications
RECOGNITION
Page 8
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.
Extreme
Customer
Focus
Web of Value: VOC + MOT + WOM
11
Extreme Customer Focus
VOC
Moments Of Truth
Page 8
78.9%23.4%
43% - 74% of purchasing decisions = WOM/T
You MUST have a WOM Referral System
Know Like Trust Try Buy RepeatIdentify
Ideal Customer
ReferIdeal
Customer
F D A
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
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