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Showing posts with label Differentiate and Dominate. Show all posts
Showing posts with label Differentiate and Dominate. Show all posts

Friday, June 21, 2013

The Competitive Advantage of Simplification

For decades, Irene Etzkorn and Alan Siegel have championed simplicity as a competitive advantage and a consumer right. Consulting with businesses and organizations around the world to streamline products, services, processes, and communications, they have achieved dramatic results. Simple is a groundbreaking and invaluable guide to achieving the three fundamental principles of simplicity: clarity, transparency, and empathy. It lays the foundation for organizations that want to enhance the customer experience as a way to drive business results.

Irene, my guest next week on the Business901 podcast, is a worldwide authority on simplicity, built the Simplification practice of Siegel+Gale. As executive director of Simplification, her clients include the nation’s top banks, brokerage firms, insurance companies, utilities, and health care providers.

I enjoyed the book,Simple: Conquering the Crisis of Complexity, and the podcast. Below is a brief excerpt from the upcoming podcast.

Joe: What are the secrets to simplification? Is there something that when you walk in that guides you towards complexity? Is there a secret to understanding how to look at things with simple eyes?

Irene: Yes, there is and I think it lies in the fact that clarity is best achieved through an intuitive structure of information. Most often, we find people who have a complicated topic or complicated communication want to begin by re-writing and/or re-designing. Those are two ingredients and important skills and certainly ones that we advocate. They are not the place to begin. It is necessary to begin and look at the process. What is the data, the content? What do you know about this customer? For example, if you already know what state they live in, you don't have to include a lot of "if-then" clauses that say "if you're in Michigan", "if you are in New York", etcetera and have the person deal with all that. Instead, you can push out to them a customized communication. Starting further up the chain and providing a summary to a more detailed approach. Can you answer likely questions for 80% or 90% of the readers or the users upfront? People who have further questions can continue on in the communication, but you haven't created an introductory barrier for the majority of people. In actions, a lot of simplification is about intuitive organization and structure.

Another example of that is insurance policy. Property casualty insurance, people do not read their insurance policy, for some, they are novel. They read them usually at the time of need when they have a claim. Putting what to do if you have a claim as the first item in a policy is much more customer focused. That is a reflection of the organization of the company that's producing it. It is a more meaningful document for the consumer.

Joe: I think you made the great example there because it's amazing how many times the redundancy is built in and I think of health care right away where I am asked the same question so many times that I feel that I probably had to have answered it wrong along the way.

Irene: Absolutely and that's a good example because one of the 3 key principles that we've talked about in the book to achieve simplicity, one of them is empathy and emphasizing with the circumstance of the communication or the interaction is really important. When you mention health care, that's a great example, not only are you sometimes being asked for the same information repeatedly, you may be in a state where half the time you are drugged or you’re ill. Obviously, for some reason, you're seeking health care. It's not your finest moment probably in terms of clarity of thought and emotional state etcetera etcetera. It's a good example where even more so in that circumstance, you would want things to be accessible, clear and not redundant certainly.

Joe: You mentioned empathy, what are the other 2 key principles?

Tune in next week to the podcast for the answer or if you cannot wait buy the book,Simple: Conquering the Crisis of Complexity.

About Siegel+Gale: (www.siegelgale.com) Simplicity is the centerpiece of the strategies they develop that reveal the unique truths of an organization, the engaging stories they create that connect brands with their audiences and the meaningful experiences they deliver that are both unexpectedly fresh and remarkably clear. Since 1969, Siegel+Gale has championed simplicity for leading corporations, nonprofits and government organizations worldwide.

Friday, July 29, 2011

A Beginning Step to Co-Creation

You are what you charge for. And if you're competing solely on the basis of price, then you've been commoditized, offering little or no true differentiation. What would your customers really value? Better yet, for what would they pay a premium? Experiences.

Joseph Pine co-author of the book The Experience Economy: Work Is Theater & Every Business a Stage, explains this process in this video. Another video, The Experience Economy Birthday Party provides another excellent example in story form.

I have written two other blog posts, Does your Value Proposition speak of the Customer Experience? and Changing the shape of your marketing funnel! that expands on some of these thoughts.

The Experience Economy description is an excellent introduction to co-creation. It takes us away from the basic thoughts of products and services and moves us into the world of differentiation and uniqueness based on what the customer truly values. And it is not our product and service anymore that the customer values.  It is the USE of our product and service and the resulting benefit of it. Till we start thinking that way, the step to co-creation is probably unobtainable.

Related Information:
A great resource on Co-Creation is Graham Hill.
Marketing with PDCA
Business Processes as Value Networks
Quality and Collaboration eBook
Dr. Jeff Liker on PDCA and Lean Culture

Thursday, February 24, 2011

Certainty is certainly not creativity.

From the Comments Section:

If the brain looses the ability to do mistakes, it looses the ability to be creative. Creativity is just an another act of brain, an uncertain one. Certainty is certainly not creativity. - - harsha

Albert Einstein would certainly agree. Here are two of his famous quotes:
"Anyone who has never made a mistake has never tried anything new."
"The only thing that interferes with my learning is my education." (I bet he thought of learning as a creative process) - Martin

Musician and researcher Charles Limb wondered how the brain works during musical improvisation -- so he put jazz musicians and rappers in an fMRI to find out. What he and his team found has deep implications for our understanding of creativity of all kinds.

Article: urbanitebaltimore.com
Home: Charles Limb at Johns Hopkins

Related Posts:
Be Our Guest: Perfecting the Art of Customer Service
The Disney Way
Lean Six Sigma Storyboard
Crafting your Storyboard
Converting Storyboarding to Marketing or Value Stream Mapping
Storyboarding for Business

Monday, February 7, 2011

Rehearsing your next Sales Call, why not?

At the Serious Play conference, designer Tim Brown talks about the powerful relationship between creative thinking and play -- with many examples you can try at home (and one that maybe you shouldn't).

Tim Brown is the CEO of innovation and design firm IDEO, taking an approach to design that digs deeper than the surface. Having taken over from founder David E. Kelley, Tim Brown carries forward the firm's mission of fusing design, business and social studies to come up with deeply researched, deeply understood designs and ideas -- they call it "design thinking."

One thing that I have been encouraging lately is role playing. Since we have become a service society our product has become us. Have you ever videotaped or just talked into your webcam to see how you looked and sounded? Technology has made it so easy and  at practically no cost. The benefits of a rehearsal can make all the difference. 

How about role playing an issues they were having with your service team? Getting a few actors from your local college to role play for you could be a lot fun in a training session. Think about developing ways to mimic the problems your customer faces. If nothing else, you could be putting yourself in their shoes – not a bad idea at all!

Related Posts:
Be Our Guest: Perfecting the Art of Customer Service
The Disney Way
Lean Six Sigma Storyboard
Crafting your Storyboard
Converting Storyboarding to Marketing or Value Stream Mapping
Storyboarding for Business

Tuesday, June 22, 2010

Does your customer know why you do it?

Simon Sinek has a simple but powerful model for inspirational leadership all starting with a golden circle and the question "Why?" His examples include Apple, Martin Luther King, and the Wright brothers -- and as a counterpoint Tivo, which (until a recent court victory that tripled its stock price) appeared to be struggling.

In 2009, Simon Sinek released the book, Start with Why: How Great Leaders Inspire Everyone to Take Action -a synopsis of the theory he has begun using to teach others how to become effective leaders and inspire change.

Do you know why we do what we do?

Even if you do -

        Do you communicate it to others?

Related Posts: Mirror Marketing

Saturday, March 28, 2009

New Get Content Get Customers Out Soon

 

Excited to show you the new cover for the revised and updated paperback version of Get Content Get Customers (Turn Prospects Into Buyers with Content Marketing), which will be available in bookstores on May 22nd.

And, by the way, the paperback does include new case studies and has a few expanded pages on social media content marketing.

I really believe that anyone passionate about a topic should write a book. If that's you, check out this post I wrote a while back - "10 Keys to Writing a Book when You Have No Time to Write a Book."

This is from Junta42 blog, and written by Joe Pulizzi.

Thursday, November 13, 2008

Customizing

From "ScLoHo's Collective Wisdom dedicated to Marketing, Advertising and the Creative Process" -

Too many business owners design things from their own perspective. What if you turned that around and let your customers do the designing?

The Marketing Minute

Build A ... might mean Build A Sale

Picture_8_2 One of the biggest trends we've seen over the past decade is the desire to customize everything. Build your own jeans, build a bear, and now, build your own Muppet. (mine is rather dashing, eh?) And yes, you can order your Muppet after you build him/her.

The buyers of today are used to being able to modify a standard offering and make it their own.

While I think it's easier to create this "Build A" feature into production of a tangible thing...I also believe that those of us in the services industry need to be mindful of this trend as well.

What could you allow your clients to customize?

  • Build a payment schedule?
  • Build a custom training/learning experience?
  • Build a marketing plan?

It seems to me that the trend is here to stay. As the buyer gets younger, the demand for customization will be greater. What could you offer today (or soon) to jump on this trend?

Wednesday, September 3, 2008

Social Networking: Common Mistakes Small Businesses Make

I posted this, because I think I have made them all. So, if you are just starting with social media, don't make these mistakes like I have.

Posted by Kelly Spors

skydiverMany businesses these days are venturing into the Wild West of social media, trying their hand at things like blogging and Twitter and creating profiles on social-networking sites. But along the way they’re making lots of mistakes.

Sta.rtup.biz, a small-business social-networking site, recently had some thoughts on how small businesses are botching their forays into the social-media world. Here’s a look at some of the most common mistakes from them and other social-media experts:

Bare Profile: Signing up for a Facebook account is the easy part.

Too Little Personality: Lighten up.

Too Much Hype: Using social media shouldn’t be about blatantly selling a business.

Not Enough Fresh Content: Engaging others through social media needs to be an ongoing, frequent process.

What do you think of this advice? Anything else to add?

Photo: Getty Images

Permalink | Trackback URL: http://blogs.wsj.com/independentstreet/2008/08/21/social-networking-common-mistakes-small-businesses-make/trackback

Friday, June 20, 2008

Seth's Blog: No such thing as price pressure

No such thing as price pressure

Your sales force and your customers may scream that you need to lower your price.

It's not true.

You need to increase your value. If people don't want to pay, it's because you're not delivering enough value for the money you're charging.

You're not selling a commodity unless you want to.

Seth's Blog: No such thing as price pressure

Tuesday, June 17, 2008

If You Were to Close Your Business Tomorrow, Who Would Care?

 

 

June 17, 2008
Your Tuesday quick fix of money making retail marketing ideas from retail expert Rick Segel.
PDF version of this issue

Visit us at www.ricksegel.com

If you answer that question with just you and your employees, then it's time to rethink your business. 

Where would your customers go if your business closed? 

The more stores or businesses you mention, the more you need to rethink who you are.

I read Rick's Retail tip every week. He wrote the Dummie book, "Retail Business Kit" but he is far from being a dummy and he has humor! If you own a retail store I encourage you to become a follower.

Tuesday, March 11, 2008

Showcase your company in a different way

Great tool for posting a resume but the possibilities of using it in your small business as a ...

VisualCV provides a new and powerful way for your company to recruit and showcase its corporate brand and culture online. Your company can create its own branded VisualCV where candidates can learn about the advantages of working at your company, get answers to commonly asked questions about the corporate culture, "what's it like to work there", benefits, events and more.

Using a VisualCV will help you:

  • Differentiate your company as an employer of choice
  • Put your company in front of thousands of qualified professionals
  • Hire capable individuals who fit your culture, improving retention
  • Leverage VisualCVs submitted and shared with your company
  • Support robust corporate branding and messaging to and between professionals

Tuesday, February 26, 2008

Can anyone tell a story?

The answer is yes and to get your point across in today's world you better learn how. The next workforce generation have been trained with less tables and list and more pictures and graphs. Just review today's textbooks to confirm this. We are appealing to the left side of the brain more.
As a result, stories are not only useful but I believe a necessity in today's world. I believe an important trait you need to develop is the ability to practice or rehearse. When you hear a good story, remember the beginning and the end, you can pretty much ramble in the middle and then repeat the story to someone as you can. Polish and try it again. As you begin to personalize it more and more, you eventually have a pretty good story to use. Look on my website for a couple of mindmaps on this subject.


Business Tip: Communicate your Company Story effectively allows your prospects to easily see how your firm is different from everyone else in the industry and comparisons go out the door.