Today, it's my mantra. As a CEO, I am passionate about organizational authenticity—how companies live out their promises to stakeholders. I have a message for executives and entrepreneurs who are rebooting their businesses on the heels of the Great Recession: Better make it real.
For the first time in recent history, trust and transparency are more important to corporate reputation in the United States than the quality of products and services, according to the 2010 Edelman Trust Barometer, an annual survey on trust and credibility conducted by PR giant Edelman. Although trust in business is up modestly in the U.S. (after plunging 20% in 2009), the rise is tenuous, the survey reveals. CEOs rank next to last on the list of trusted spokespersons, and nearly 70% of people worldwide say that companies will revert to "business as usual" after the economy recovers. Additionally, a 2010 Conference Board report shows that U.S. job satisfaction is at a 22-year low, and by most every measure, the consumer outlook is bleak.
Focusing on stakeholder experiences
Leaders must understand that organizational authenticity isn't a destination—it's a journey. It's the result of providing, consistently and over time, an authentic "total experience" to your stakeholders: employees, customers, vendors, suppliers, and other key business partners. And, step by step, your journey must focus on defining and expressing authenticity through stakeholder experiences that are, at once, authentic, intentional, and wholly integrated. Why? Because people don't want to hear your intentions—who you say you are and what you say you do. They want to experience them.
Nine truths for leaders to learn—and live by
Because "experience" is essential to organizational authenticity, how can you, as a leader, leverage it as a differentiating factor for your business? Start by learning, and living by, nine universal truths:
1. Every organization is experiential
Experience isn't just for high-concept companies—it's for every company. Walk into any commonplace business—a local convenience store, for instance—and you enter a world of experiences, from the smell of the coffee (good or bad) to a search for the restroom. Every encounter, whether intentionally designed or left to chance, holds a multitude of sensory and behavioral cues that tell a significant story about the business.
2. An experience can be designed—and authentic
You might think that truly authentic experiences just happen, occurring organically or by a stroke of luck. However, an intentionally designed experience, built from beginning to end, can also be authentic. Authenticity stems from knowing who you are, what you believe in, and what you want to be to your marketplace. If that requires designing your deliverables down to minute details, so much the better. Your offerings will be clear, and you will attract your ideal customers.
3. Total experiences are not "theater"
In their book The Experience Economy: Work Is Theatre & Every Business a Stage, authors Joseph Pine and James Gilmore assert, "Business performances must rival those featured on Broadway and in ballparks." But if the very nature of theater is to deliver an illusion of reality, where does authenticity come in? It doesn't. Truly authentic experiences don't require a script to live up to the brand promise.
4. Everyone has a role in designing and delivering the experience
Most companies are tempted to toss the "experiences thing" over to marketing, advertising, or PR. Absolutely, those groups are essential to the process. They can't, however, carry the torch alone. Everyone inside your organization must be involved. Countless, critical touchpoints—between your enterprise and its many stakeholders—need to be addressed, and that requires the active participation of every team member.
5. Employees deserve the same experience as customers
The behind-the-scenes feel of an authentic organization isn't that different from the customers' experience. Translation: Your employees deserve the same kinds of considerations that your customers do. The break room, for example, should provide a natural transition from "on the floor" to "off the floor"—clean, comfortable, and organized, and designed with similar themes, furnishings, and finishes. Luxury isn't the key here; just avoid harsh or drastic changes between the customer and employee experience.
6. A commitment to experience makes it easier to satisfy stakeholders
When your organization commits to providing authentic, total experiences to stakeholders, the vision for your business will become readily apparent, and you will appeal to customers, employees, and others who want what you have to offer them. Stakeholders will know exactly what to expect from you—down to the last detail—and you will know how to provide it so that they are genuinely satisfied. In this way, they will also become steadfast partners in your success.
7. Experience gaps are glaring—and damaging
Marketing consultants call them brand gaps—those instances when the message and the experience don't add up. As a customer, you've surely experienced them yourself—a surly salesperson at a "service-driven" department store or a posh hotel without hot running water. Just because an organization says something is so, doesn't make it so. In fact, the more you say something is so, the more glaring the gaps are to stakeholders. They will recognize the disconnect and end up feeling confused, disappointed, or even ripped off.
8. A bad experience can be fixed
No organization is perfect, and no business can deliver a perfect total experience, at least not to all the people, all the time. However, that doesn't mean you can't strive for perfection or, more important, when an experience does go badly, that you can't strive to do everything possible to recover quickly and completely. You can—and must.
9. There is no such thing as an indifferent experience
Customers who engage with a business once and never return provide valuable learning opportunities for an organization. Unless they were making a once-in-a-lifetime transaction (such as buying their dream home), odds are, something went wrong. Maybe the customer wasn't the right fit for your company's product or service. Others, however, were attracted to you for a reason, and it's important to figure out why they didn't return. Their indifference should matter to you.
Plan B? Fuhgeddaboudit!
There is no Plan B. This is it. If you want to become passionate about organizational authenticity; if you want to truly stand out and succeed in your marketplace, you must make a commitment to sustainable, authentic differentiation. It will revolutionize how you show up for your stakeholders and how you create and celebrate success. Commit to it—or fuhgeddaboudit.
No comments:
Post a Comment