The Disappearing Boss - Issue 19
Kirsten Gibbs ??
Take a break from business without breaking your business. Make everyone in your company a Boss, so you can disappear.
You already know you want your employees to own your business.
How about getting them to run it too?
How about enabling them to do that before you hand it over?
Capturing Human Feedback
The best kind of human feedback is the kind you don't have to ask for.
The kind you can simply observe, such as a prospect's path through your Promise Process - moving from Qualify to Demonstrate Value, then from Demonstrate value to Enrol, gradually transforming into Clients.
Or what they do afterwards - referring you to their peers, complaining, suggesting improvements, or simply leaving you.
You can count the number of times these things happen. Use them to calculate derived values, such as conversion rates between stages or the percentage of satisfied customers, but you'll get much more from these occurrences if you look for the behaviour that led to them.
Let's look at Client referrals for example. Referrals are great, they shortcut your Share Promise process. But not by much.
You'll save the most expensive part - Showing Up - but you still need to go through the rest of the Share Promise process (Qualify , Demonstrate Value and Enrol) to be sure that you really are the best option for them. And just because they've been referred by a Client doesn't mean that's a given.
So if they drop out of the process at any point, you need to ask why.
This is where your Customer Experience Score will help you.
If you have a systematic way of helping prospects through their buying process, you'll be able to identify why someone dropped out. Or where the Score needs to be tweaked to retain people you are right for.
Qualify
For example, If a prospect drops out at Qualify, it should only be because they don't fit the profile of the people you serve:
Once you do know the reason, you can look at improving your Customer Experience Score:
You can also look at improving how Clients give referrals.
It's fantastic that clients refer you, but you can make referrals work even better by giving clients (and even prospects) the best words to use to describe what you do and how you do it, so that in essence, they pre-qualify referrals for you. That way, they get more kudos for a successful referral, the person referred gets a better result, and you get a better conversion rate.
领英推荐
Demonstrate Value
If a prospect drops out at Demonstrate Value, that can only be because they don't see the value.
That is either because you haven't communicated it or because they don't value what you're offering.
Again digging behind these questions will help you improve your Customer Experience Score:
Enrol
If a prospect drops out at Enrol, that's either because they aren't motivated enough or able to move forward with you.
There's not much you can do about the motivation, other than improve how you Qualify.
If, on the other hand the barrier is ability, there may be plenty you can do to make your offer more accessible:
By now of course, you've realised that this process of observing behaviour, drawing conclusions and adjusting your Promise System accordingly doesn't just apply to Client referrals.
Every passage through your Customer Experience Score tells you something, no matter where it ends.
Not all of what it tells you should result in changes to what you do or how you do it, but you won't know till you've looked at what's behind the behaviour.
The same kind of thinking applies to Keep Promise. It even extends beyond Clients - to your team members, suppliers and investors.
What people do is a much more reliable indicator of what's really going on than what they say.
The best kind of human feedback is the kind you don't have to ask for.
Observe behaviour, draw conclusions and then, if needed, act to adjust your Promise System.
One final thought.
Data is increasingly easy to collect. Resist the temptation to collect and use it all.
Decide which facts matter to your business and measure those.
As always, thanks for reading,
Ready to leave your business as your legacy?