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Leveraging the StoryVesting Framework:
How to Achieve Breakthrough Business Transformation
The need to pivot and grow is nothing
new, but it is newly relevant.
Businesses have always needed to
transform to survive over time. But
Business Transformation without a
guiding framework is equivalent to
guessing, and just as likely to lead to
success.
The Need For a Business
Transformation Strategy. Business Experience
Framework
Customer Experience
Framework
Business Transformation
on the S-Curve. The S Curve of Business Growth
Digital Disruption has made intelligent
transformation more crucial than ever.
In the past, companies would experience
approximately one inflection point every
10 years. Nowadays, the S-Curve of
Business is becoming more condensed
and businesses are experiencing
strategic inflection points every two
years.
Strategic
Inflection
Point
Inflection Points
Vary
If You’re Growing
You’re Shifting
Sustain Forward
Momentum
Scale
Growth
Start
Each Inflection Point is a turning point
for your business but the turn could be
for the better or for the worse.
To make the best choices at these critical
times, all business transformation should
be guided by data extrapolated and
interpreted, but you can’t stop there.
Transforming Successfully
with Data. A Closer Look at Inflection Points
Matrix
The extrapolated data needs to be run
through a framework, and heavy
predictive analysis.
This kind of healthy transformation is the
cornerstone of progress within any
business. It isn’t a disorienting major shift
or abrupt redefinition; instead it’s about
honoring and answering a natural
progression toward growth
Transforming Successfully
with a Framework. Using a Guiding Framework
StoryVesting
Framework
A good framework covers multiple layers
and nuances. Like a pocket watch, it has
a very understandable surface layer, but
requires multiple intricate parts below
the surface that overlap and work in
perfect unison to work.
We at RocketSource built our framework
based on a long enlightening journey of
data collection...
An Intelligent Business
Framework. Key Components to StoryVesting
Product/
Market Fit
Internal
Buy-In
Brand
Alignment
Amazing
Buyer’s
Journey
Without the proper framework, your
business could end up failing like 70% of
business transformation projects.
As an example, Blackberry tried to keep
pace with the iPhone by adopting a new
design, but they repeatedly missed the
mark. Their attempts at iterating on their
phones were headed in the wrong
direction because they didn’t take a user
centric view guided by a framework.
Transformation Without a
Framework.
I always had an insatiable curiosity,
especially about what made people
successful.
In the process of pursuing the secret to
success there were many times I had to
readjust what the word meant to me,
and several times I found myself nose to
nose with CEOs of SME 500 companies,
asking the same three questions.
Questions On Success:
Hunting the Secret to
Success.
In the course of collecting 1,969 responses
to my questions on success I was able to
pull out some interesting realizations.
The most valued traits for hiring wasn’t
an ivy league education lie I’d thought,
and when I asked who exemplified traits
of success, people often named people
who worked in departments below their
own.
Demographic Data:
Total Responses: 1969
Organizational Traits That
Drive Transformation.
Marketing
Total Responses: 1969
JOBTITLE
Matrix
Finance &
Accounting
Other
C-Suite
IT
Customer
Support
Operations
Sales
HR
Technology
Of everyone I interviewed, 63% of people
pointed to the business’s vision as a key
driver for organizational transformation.
I also noticed 3 other common responses
that each pointed to one thing. It was the
people within that organization—the
ones carrying out the vision—that led the
company to success.
Success Didn’t Look Like
What I’d Envisioned. StoryVesting Research Methodology:
Most Important Business Drivers Most Important /Valuable Drivers
Dependable
Passionate
Collaborator
Strong Work
Ethic
Positive
Environment
Motivated
Carol Dweck’s theory on growth and
fixed mindsets played a major role in
realizing the importance of people in
business transformation.
Fixed Mindsets: are set in the idea that
they only have so much potential and
ability to learn.
Growth Mindsets: believe that they have
limitless potential to learn and grow as a
person.
Having Growth vs Fixed Mindsets.
Credits: The Stanford Daily
Your people are the driving force to any
transformation. With growth-minded,
vested employees companies can make
mediocre ideas into first class
innovations.
Good transformation teams are also
V-shaped, with members skill sets
spanning several areas and overlapping
with their team members.
Well Rounded Employees.
V-Shaped Teams
Throughout my research, I continually
came back to one core theme—the
importance of having vested people on
board who were passionate about the
company’s story
The realization of what it meant for
employees to be Vested, and the
importance of having Vested employees
on your team informed how the
Business centric side of StoryVesting
came to be.
The Vested Employee.
Business Experience Framework
The Customer Centric side of the
StoryVesting framework was built out
based on a number of influences:
● Reactions in the Brain
○ The Limbic System
○ The Neocortex System
● Consumer Behavior.
● Cognitive Association.
● Cognitive Dissonance
A Customer Centric
Framework. Customer Experience Framework
Brands in every industry are exploring
new ways to reach out to consumers.
Years ago, online marketing often boiled
down to search engine tricks. Today, it’s
all about creating articles, ebooks,
reports, podcasts, videos, and other tools
to educate and earn buyers’ attention.
The Incredible Brain: The
Limbic System. The Brain’s Emotional Response
Center
Brands in every industry are exploring
new ways to reach out to consumers.
Years ago, online marketing often boiled
down to search engine tricks. Today, it’s
all about creating articles, ebooks,
reports, podcasts, videos, and other tools
to educate and earn buyers’ attention.
The Incredible Brain: The
Neocortex. The Brain’s Logical Response
Center
The Brain’s Logical Response
Center
Brands in every industry are exploring
new ways to reach out to consumers.
Years ago, online marketing often boiled
down to search engine tricks. Today, it’s
all about creating articles, ebooks,
reports, podcasts, videos, and other tools
to educate and earn buyers’ attention.
How the Limbic System and
Neocortex Work Together.
The complex reactions this customer
went through in the course of making a
car purchase is best categorized by the
rhetorical triangle.
The rhetorical triangle categorizes
persuasive strategies into three main
categories: Ethos (credibility appeal),
Pathos (emotional appeal), and Logos
(logical appeal).
Consumer Behavior and the
Rhetorical Triangle.
The Rhetorical Triangle
Keeping the ethos and pathos reactions
of your customers in mind is more
important than ever. A study by
CustomerThermometer found that
consumers are 65% more likely to buy
from a brand if they feel like the
company cares about people like them.
It is important to make sure you’re
utilizing that connection to understand
your brand’s cognitive association.
Customer Behavior and
Loyalty. 10 Factors to Consumer Loyalty
Cognitive Associations that consumers
have with your brand play a big role in
the complex process of the buyer’s
journey.
In 2013, Dove was seeing a huge boom in
sales due to its Real Beauty Campaign
ads, and how those ads capitalized on a
confidence building brand association.
Do You Know the Cognitive
Association of Your Brand? Dove Soap Sales
You can find their ad here: https://www.youtube.com/watch?v=litXW91UauE
On the other hand, if your business
decisions contradict your brand
associations it can cause dissonance for
your customers.
For example, in 2017 Dove released an ad
that consumers considered racially
insensitive, and the dissonance it caused
had a drastic effect on their brand
sentiment. To avoid working against your
brand association, it’s important to utilize
a solid transformation framework.
The Power of Dissonance.
Dissociative Ad
Released
OnlineScores
July - December 2017
Dissociative Ad
Released
Dove Online Trends
The Customer
Experience
analyzes the
specifics of what
customers go
through in their
journey with your
brand. Using the
sides together,
you can measure
alignment.
These Customer Insights Completed StoryVesting.
The Business
Experience side of
StoryVesting guides
decisions for better
transformation with
data insights. It also
structures your
business to build
and encourage
vested employees.
Customer Experience
Framework
Business Experience
Framework
As powerful as the circles can be
separately, together they lead to further
insights.
When you can achieve business
alignment between your business why
and your customer’s why you capitalize
on all the benefits of alignment such as
strong brand association and brand
recall, as well as strong customer loyalty
and return buyers.
Customer Centric
Framework: Alignment.
No Man’s Land Excellent Brand Euphoria
There's a slew of remarcable brands out
there who take care to align with their
customers, and they all reap significant
benefits.
These brands shown also represent a
good use of the Business Experience
Framework’s individual elements.
Using StoryVesting.
Like all good frameworks, though,
StoryVesting can do more than help
things on the front end.
Our versatile framework also helps with
the nuances of running your business
intelligently. With StoryVesting you
business will be able to put data to better
use and run data looping processes more
efficiently.
An Intelligent Framework.
Data Looping Process
Data aside, running an intelligent
operation can be nearly impossible to
accomplish without a framework.
In modern organizations, there’s a
multitude of different departments that
all need to be aligned and in
communication. An Intelligent
framework is the best way to hold them
all together.
Running an Agile
Operation.
Modern Organizational Structure
By breaking out a framework like
StoryVesting you can get a better 360°
View of your organization.
With a tool like this, you can compare
departments across the front and back
end of your organization and better
manage all of those various departments
to reduce silos.
Using StoryVesting.
Business Experience
Framework
Customer Experience
Framework
Insulate your business
from disruption.
Learn more at
RocketSource.co

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Leveraging the StoryVesting Framework to Achieve Breakthrough Business Transformation

  • 1. Leveraging the StoryVesting Framework: How to Achieve Breakthrough Business Transformation
  • 2. The need to pivot and grow is nothing new, but it is newly relevant. Businesses have always needed to transform to survive over time. But Business Transformation without a guiding framework is equivalent to guessing, and just as likely to lead to success. The Need For a Business Transformation Strategy. Business Experience Framework Customer Experience Framework
  • 3. Business Transformation on the S-Curve. The S Curve of Business Growth Digital Disruption has made intelligent transformation more crucial than ever. In the past, companies would experience approximately one inflection point every 10 years. Nowadays, the S-Curve of Business is becoming more condensed and businesses are experiencing strategic inflection points every two years. Strategic Inflection Point Inflection Points Vary If You’re Growing You’re Shifting Sustain Forward Momentum Scale Growth Start
  • 4. Each Inflection Point is a turning point for your business but the turn could be for the better or for the worse. To make the best choices at these critical times, all business transformation should be guided by data extrapolated and interpreted, but you can’t stop there. Transforming Successfully with Data. A Closer Look at Inflection Points Matrix
  • 5. The extrapolated data needs to be run through a framework, and heavy predictive analysis. This kind of healthy transformation is the cornerstone of progress within any business. It isn’t a disorienting major shift or abrupt redefinition; instead it’s about honoring and answering a natural progression toward growth Transforming Successfully with a Framework. Using a Guiding Framework StoryVesting Framework
  • 6. A good framework covers multiple layers and nuances. Like a pocket watch, it has a very understandable surface layer, but requires multiple intricate parts below the surface that overlap and work in perfect unison to work. We at RocketSource built our framework based on a long enlightening journey of data collection... An Intelligent Business Framework. Key Components to StoryVesting Product/ Market Fit Internal Buy-In Brand Alignment Amazing Buyer’s Journey
  • 7. Without the proper framework, your business could end up failing like 70% of business transformation projects. As an example, Blackberry tried to keep pace with the iPhone by adopting a new design, but they repeatedly missed the mark. Their attempts at iterating on their phones were headed in the wrong direction because they didn’t take a user centric view guided by a framework. Transformation Without a Framework.
  • 8. I always had an insatiable curiosity, especially about what made people successful. In the process of pursuing the secret to success there were many times I had to readjust what the word meant to me, and several times I found myself nose to nose with CEOs of SME 500 companies, asking the same three questions. Questions On Success: Hunting the Secret to Success.
  • 9. In the course of collecting 1,969 responses to my questions on success I was able to pull out some interesting realizations. The most valued traits for hiring wasn’t an ivy league education lie I’d thought, and when I asked who exemplified traits of success, people often named people who worked in departments below their own. Demographic Data: Total Responses: 1969 Organizational Traits That Drive Transformation. Marketing Total Responses: 1969 JOBTITLE Matrix Finance & Accounting Other C-Suite IT Customer Support Operations Sales HR Technology
  • 10. Of everyone I interviewed, 63% of people pointed to the business’s vision as a key driver for organizational transformation. I also noticed 3 other common responses that each pointed to one thing. It was the people within that organization—the ones carrying out the vision—that led the company to success. Success Didn’t Look Like What I’d Envisioned. StoryVesting Research Methodology: Most Important Business Drivers Most Important /Valuable Drivers Dependable Passionate Collaborator Strong Work Ethic Positive Environment Motivated
  • 11. Carol Dweck’s theory on growth and fixed mindsets played a major role in realizing the importance of people in business transformation. Fixed Mindsets: are set in the idea that they only have so much potential and ability to learn. Growth Mindsets: believe that they have limitless potential to learn and grow as a person. Having Growth vs Fixed Mindsets. Credits: The Stanford Daily
  • 12. Your people are the driving force to any transformation. With growth-minded, vested employees companies can make mediocre ideas into first class innovations. Good transformation teams are also V-shaped, with members skill sets spanning several areas and overlapping with their team members. Well Rounded Employees. V-Shaped Teams
  • 13. Throughout my research, I continually came back to one core theme—the importance of having vested people on board who were passionate about the company’s story The realization of what it meant for employees to be Vested, and the importance of having Vested employees on your team informed how the Business centric side of StoryVesting came to be. The Vested Employee. Business Experience Framework
  • 14. The Customer Centric side of the StoryVesting framework was built out based on a number of influences: ● Reactions in the Brain ○ The Limbic System ○ The Neocortex System ● Consumer Behavior. ● Cognitive Association. ● Cognitive Dissonance A Customer Centric Framework. Customer Experience Framework
  • 15. Brands in every industry are exploring new ways to reach out to consumers. Years ago, online marketing often boiled down to search engine tricks. Today, it’s all about creating articles, ebooks, reports, podcasts, videos, and other tools to educate and earn buyers’ attention. The Incredible Brain: The Limbic System. The Brain’s Emotional Response Center
  • 16. Brands in every industry are exploring new ways to reach out to consumers. Years ago, online marketing often boiled down to search engine tricks. Today, it’s all about creating articles, ebooks, reports, podcasts, videos, and other tools to educate and earn buyers’ attention. The Incredible Brain: The Neocortex. The Brain’s Logical Response Center The Brain’s Logical Response Center
  • 17. Brands in every industry are exploring new ways to reach out to consumers. Years ago, online marketing often boiled down to search engine tricks. Today, it’s all about creating articles, ebooks, reports, podcasts, videos, and other tools to educate and earn buyers’ attention. How the Limbic System and Neocortex Work Together.
  • 18.
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  • 24. The complex reactions this customer went through in the course of making a car purchase is best categorized by the rhetorical triangle. The rhetorical triangle categorizes persuasive strategies into three main categories: Ethos (credibility appeal), Pathos (emotional appeal), and Logos (logical appeal). Consumer Behavior and the Rhetorical Triangle. The Rhetorical Triangle
  • 25. Keeping the ethos and pathos reactions of your customers in mind is more important than ever. A study by CustomerThermometer found that consumers are 65% more likely to buy from a brand if they feel like the company cares about people like them. It is important to make sure you’re utilizing that connection to understand your brand’s cognitive association. Customer Behavior and Loyalty. 10 Factors to Consumer Loyalty
  • 26. Cognitive Associations that consumers have with your brand play a big role in the complex process of the buyer’s journey. In 2013, Dove was seeing a huge boom in sales due to its Real Beauty Campaign ads, and how those ads capitalized on a confidence building brand association. Do You Know the Cognitive Association of Your Brand? Dove Soap Sales You can find their ad here: https://www.youtube.com/watch?v=litXW91UauE
  • 27. On the other hand, if your business decisions contradict your brand associations it can cause dissonance for your customers. For example, in 2017 Dove released an ad that consumers considered racially insensitive, and the dissonance it caused had a drastic effect on their brand sentiment. To avoid working against your brand association, it’s important to utilize a solid transformation framework. The Power of Dissonance. Dissociative Ad Released OnlineScores July - December 2017 Dissociative Ad Released Dove Online Trends
  • 28. The Customer Experience analyzes the specifics of what customers go through in their journey with your brand. Using the sides together, you can measure alignment. These Customer Insights Completed StoryVesting. The Business Experience side of StoryVesting guides decisions for better transformation with data insights. It also structures your business to build and encourage vested employees. Customer Experience Framework Business Experience Framework
  • 29. As powerful as the circles can be separately, together they lead to further insights. When you can achieve business alignment between your business why and your customer’s why you capitalize on all the benefits of alignment such as strong brand association and brand recall, as well as strong customer loyalty and return buyers. Customer Centric Framework: Alignment. No Man’s Land Excellent Brand Euphoria
  • 30. There's a slew of remarcable brands out there who take care to align with their customers, and they all reap significant benefits. These brands shown also represent a good use of the Business Experience Framework’s individual elements. Using StoryVesting.
  • 31. Like all good frameworks, though, StoryVesting can do more than help things on the front end. Our versatile framework also helps with the nuances of running your business intelligently. With StoryVesting you business will be able to put data to better use and run data looping processes more efficiently. An Intelligent Framework. Data Looping Process
  • 32. Data aside, running an intelligent operation can be nearly impossible to accomplish without a framework. In modern organizations, there’s a multitude of different departments that all need to be aligned and in communication. An Intelligent framework is the best way to hold them all together. Running an Agile Operation. Modern Organizational Structure
  • 33. By breaking out a framework like StoryVesting you can get a better 360° View of your organization. With a tool like this, you can compare departments across the front and back end of your organization and better manage all of those various departments to reduce silos. Using StoryVesting. Business Experience Framework Customer Experience Framework
  • 34. Insulate your business from disruption. Learn more at RocketSource.co