| Emotion
vs. Reason Are people predominantly driven by the
economy of reason- one where
all customers and employees are mere mercenaries, driven
mainly by financial gain? Is the only way to motivate and
reward employees through financial gain? Is the only way
to obtain customer loyalty by providing better products
at lower prices and then attempting to lock customers in
with advanced customer loyalty programs?
Has this approach reduced staff turnover? Has this approach
prevented customers from flocking to the next competitor
at the prospects of an incrementally better deal?
The answer is NO.
Although companies recruit from the best business schools,
compete for the best talent staff turnover is at an all
time high. And what about customers – they have just
become more fickle as loyalty programs and customer incentives
have increased.
So, what is the answer? What have some of the great companies
discovered are the limitations of an economy of reason?
They have come to the realization that all human beings,
both employees and customers want, nay, need
to be emotionally engaged – and that pure commercial
practices is not the key to being emotionally engaged.
Great companies know that emotional engagement is the pivot
in developing productive employees and cultivating profitable
relationships with customers.
Gallup research spanning 10 million customers, 3 million
employees and 200 000 managers from some of the most well
known brand companies indicate that at best, organizations
are operating at one-third of their
human potential.
Is that wasted opportunity? Is that incredible untapped
opportunity?
Gallup research further indicates that although 70% of
customers buying decisions are based on human interaction
with sales staff, companies only dedicate 10% of their resources
to ensure positive human interaction.
It is with this tremendous untapped opportunity in mind
that Mindman focuses on developing products, processes and
toolsets to assist organizations in engaging their employees,
their leaders and their customers.
Listed below are the various ways that we can assist in
engaging your employees, your leaders and your clients...
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