What business are you in? I’m not asking what sector of the economy you serve (for example, healthcare, retail, financial services). I’m asking if you are in a product-focused business, a service-centric business, or something else?
I’ve been fortunate to work with leaders at Starbucks and write two books about the company (The Starbucks Experience: 5 Principles for Turning Ordinary into Extraordinary and Leading the Starbucks Way: 5 Principles for Connecting with Your Customers, Your Products, and Your People). At the time of those writings, Starbucks CEO Howard Schultz shared a somewhat unexpected perspective on his company: “We are not in the coffee business serving people; we are in the people business serving coffee.” By emphasizing the rich “human” experience at the core of Starbucks, Howard reinforced an enduring principle of success: “All business is personal.”
Given that you picked up this book, I’ll assume you already see yourself in the “people business” and appreciate that Airbnb can offer insights on interpersonal connection. You likely understand that sustainable success involves creating value for the people you call customers by providing value to the people you call colleagues, team members, or employees. To be effective in business as well as in life, we must develop skills to understand, meet, and even exceed the needs of those we serve.
Despite the importance of determining the motivations, wants, and needs of others, many business leaders only seek to offer practical benefits through the features and attributes of the products and services they provide. In the process, leaders often neglect the unconscious, emotional, psychological, and social needs of the customers and employees they serve.
Esta historia es de la edición October 2019 de Indian Management.
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Esta historia es de la edición October 2019 de Indian Management.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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Listen To Your Customers
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The hand that feeds
Providing free meals to employees is an effective way to increase engagement and boost productivity.
Survival secrets
Thrive at the workplace with these simple adaptations.
Plan backwards
Pioneer in the venture capital and private equity fields and co-founder of four transformational private equity firms, Bryan C Cressey opines that we have been taught backwards in many important ways, people can work an entire career without seeing these roadblocks to their achievements, and if you recognise and bust these five myths, you will become far more successful.
For a sweet deal
Negotiation is a discovery process for both sides; better interactions will lead all parties to what they want.
Humanise. Optimise. Digitise
Engaging employees in critical to the survival of an organisation, since the future of business is (still) people.
Beyond the call of duty
A servant leadership model can serve the purpose best when dealing with a distributed workforce.
Workplace courage
Leaders need to build courage in order to enhance their self-reliance and contribution to the team.
Focused on reality
Are you a sales manager or a true sales leader? The difference, David Mattson, CEO, Sandler® and author, Scaling Sales Success: 16 Key Principles For Sales Leaders, maintains, comes down to whether you can see beyond five classic myths that we often tell ourselves about selling.