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Brand advocacy is considered the holy grail of marketing, because your fans become your authentic marketers, sales force, and contributors. Learn how to tap its organic firepower by activating, engaging, and amplifying brand advocate communities at scale and speed to drive your business goals at an unrivaled ROI.
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See the deck from it here!
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CEOs have a lot on their plates. They’re ultimately responsible for staffing their org, casting the vision for the product, and owning revenue, growth, and fundraising. A CEO’s day is full enough without adding another initiative to take personal interest in—unless that initiative is intrinsically linked to success or failure of the company. If you’re a CEO, this session will convince you to care about Customer Success. If you’re not a CEO, you’ll have all the tools, metrics, and arguments you need to make the case.
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For many organizations, compliance training is seen as a necessary evil – a type of medicine to be taken. This perception can cause companies to overlook many of the details that go into the delivery of effective compliance training. And ineffective training can result in audits, fines, accidents, or worse.
Challenges also arise if there is not a consensus as to who owns compliance. Is it a training function or an HR function? How are Legal and Quality involved? Answers may vary greatly by industry as well as the unique compliance challenges an organization faces.
In this webinar, David Wentworth, Principal Learning Analyst with Brandon Hall Group and Michelle Sullivan, Senior Marketing Director at NetDimensions, look at some of the compliance pitfalls that companies face and how to avoid them.
The session highlighted Brandon Hall Group’s most recent Compliance Survey, identifying global trends, challenges and strategies. They discussed:
• The difference between strategic and transactional compliance
• The impact of compliance on the business
• Cross-functional compliance
• Common compliance challenges
• Examples of how companies address challenges
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Topic presented at the Business Fundamentals Bootcamp in Boston March 6, 2015
Most startups don't fail at building a product. They fail at acquiring customers when they launch. Traction shows the world and investors that your startup is viable and a good investment opportunity
The fact is most young businesses don’t achieve enough traction in the market. They’re trying hard but the ideas and tactics that they’re using just aren’t working. And they don’t know why. The problem is more than a tactical one. Just changing tactics or increasing the marketing budget will not fix your revenue and customer acquisition problem.
Achieving a business growth is done by design with a clear plan. In this workshop we’ll show you the steps you can take to energize your business and ignite revenue growth.
What Attendees Will Learn
• Why their current efforts to grow seem to be falling short
• How to better formulate strategic plans to adapt the company for rapid growth
• Ten steps that can be employed to accelerate revenue
• How to get marketing and sales working together to maximize ROI
• How to stay focused on consistent growth
• Practical ideas you can employ immediately to get the company back on a positive growth curve.
What, exactly, are the behaviors that sales professionals need in a virtual world?
To find out, we partnered with Training Industry to survey 464 sales leaders and sales training decision-makers. The results revealed the most impactful habits — and the glaring gap between those desired behaviors and sales metrics.
Join us as VP of Direct Sales and Partner Success Julie Bregen shares the results and a playbook that sales leaders can use to up-skill the virtual-selling skills of the entire sales org.
WSI Digital Summit 2016 - Fortalecendo a sua marca, gerando oportunidades: 3 ...WSI Digital Marketing
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Videos and virtual events/webinars were big over the last 12 months with the manufacturing marketers we surveyed. In addition, 85% expect continued investment in video in 2022, making it the top area of predicted investment.
Yet manufacturing marketers continue to face content marketing challenges within their organizations: 51% said they are challenged with creating valuable content instead of sales-oriented content as well as with overcoming the traditional marketing and sales mindset. Fifty percent said they are challenged with accessing subject matter experts to create content. If manufacturing marketers can overcome these challenges, they’ll improve their odds of achieving greater content marketing success in the coming year.
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So to start our presentation I would like to share a short video about the organization. Lets just say we are not your mother’s Tupperware…..
Corporate vision- this explains who we are as an organization and our core values
Our purpose- inspire women and cultivate confidence
Our vision- to ensure that women in particular become the best versions of themselves
Our values- Empower, educate and enlighten
Key Statistics
We are a publicly held direct sales corporation. We have been in business for over 65 years
We don’t just sell TW, we have several beauty brands across the world that are part of our corporate umbrellas. Avory Shlain (SAF), Fuller (Mexico), Nutrimetics (Australia), Nuvo (South America), Naturcare (APAC)
In 2016 we had 2.2B in sales (91% outside of US, 66% in emerging markets)
We have over 3M independent sales force members, primarily women
Our products are sold in 85 countries around the world
The next two slides will give you a glimpse into some of the strategic analytics we performed as a corporation
So….in determining where you want to go, you need to understand where you are.
This first slide shows the four quadrants of a corporate profile.
From Left to right we have
Globally Diverse/Centralized corporation (Moderate risk level)
Globally Diverse/Autonomous (High risk level)
Globally Homogeneous/Centralized (Low risk level)
Globally Homogeneous/Autonomous (Moderate risk level)
Our organization falls under……the top left quadrant…..GLOBALLY DIVERSE/AUTONOMOUS CORPORATION….which is of course highest risk profile
Understanding this is critical when making decisions as to where we should go as a corporation
Another component we had to analyze was the maturity of our operating model
This chart I am highlighting entails five different components. Each has a scale from one to five. The red box represents Tupperware on the scale, when I performed the analysis last year
Level of process standardization- The scale ranges from unique to common. We currently are very unique, primarily due to our decentralized organization, our goal is to have standard processes
Delivery model- The scale ranges from functional silos to shared services. Other than our procurement organization our other departments are functional silos, in order to support moving to a global model it means we will have more shared service centers strategically and where applicable (ie: finance, IT)
Financial data model- Model ranges from very local to fully centralized. At this point we are in the middle. We might move this a little to the right but probably not fully
Financial analytics and measures- Range from simple to state of the art. We are on the lower end of the scale….unless you consider excel to be a phenomenal BI tool. Our goal is to move to state of the art data and analytics
Governance model- Range is quite large. From no governance model to sophisticated. We consider ourselves average and it really depends on the department. Governance in supply chain is very good, but in some areas we have significant area of improvement (i.e. making changes to an IT system)
This slide details the level of complexity we have as a business
10 Different business models, 29 front end systems, 12 back end systems, 50+ compensation plans….supporting 85 countries with over 2B in sales and 3M sales force members around the world. Think about the level of complexity this creates. Whether its pulling global inventory levels, creating reports, analyzing sales data, none of it is easy with this level of uniqueness
Based on the different analytics we performed- our synopsis was that there is a need for standardization of our technologies to support corporate strategies
Now lets discuss the journey we are currently on
This is our strategic vision moving forward
iRoar- we want to accentuate our strengths
Onboarding our sales force (training and preparing them to be successful), Group demonstration selling entails how we sell our products at a party and lastly our supply chain (due to the nature of our business we will create offers to our sales force with minimal planning and lead times)
Extend our reach
We cause this THE MORE. Essentially we are trying to leverage technology- whether its purchasing thru an APP, having a party online or building Tupperware studios (which are locations that our sales force can use for training, onboarding and other initiatives)
Lastly…..we want to Leverage our purpose
A major initiative is to standardize and improve our brand messaging
Last but not least, we want to accentuate how confidence is critical to success. More on that later…..
As a publically held company- our primary objective is to provide shareholder value. As such we have some aggressive financial targets:
$5B in sales and $5M sales force members by 2020. All of the strategic initiatives are to support these targets.
To help us we’ve established 3 simple guiding principles to keep us grounded in what gives us our competitive strength. Although we are expanding our thinking beyond just selling through the party, one-on-one demonstrations and through brochures, the guiding principles are at the center of our efforts.
Respect the sales force as part of the value chain - in other words, never sell around them– this is important because it links to our global mission of empowering women and changing lives
Inspire and nurture relationships – relationships are a key element of our competitive advantage, and an essential part of the brand experience
Demonstration based selling – the full value of our innovative products is realized when they are demonstrated. That’s why they wouldn’t sell nearly as well if they were sitting on a shelf or appearing only on a webpage. We want to retain that important element that also increases productivity when consumers see the complete value of our products. This drives the earning opportunity for the Sales Force.
So…..in order to support our 2020 targets and guiding principles we have developed the GEM program.
GEM is our acronym for the current technologies we are implementing which will enable us to support our 2020 targets.
It combines three different aspects:
People- You always start with people
We want to be able to develop and empower our associates
Growth
We are not just implementing global solutions to keep up with trends. They need to be leveraged to support financial growth, continuous innovation and even more so today during the Amazon age……Extraordinary Service
Value
Last but not least values- we want to ensure we meet the highest quality and standards for our associates, sales force and consumers
So how are do we support growth thru transformation within these global programs? Simple: People/Process/Systems
Lets start with PEOPLE
We are redefining the way the organization looks….there are 3 primary components:
Moving from local to more of an above market approach (We call it Glocal)
Evaluate current resources to determine if right skills are in place
Where applicable, move from functional silo departments to shared services
Then PROCESS
First…..We are currently re-engineering business processes to support the global way of working. We need to do this while providing flexibility to local business entities and ensuring we do not impact the business
Second……we need to create a global governance model to maintain integrity of new way of working
To support people and process we need SYSTEMS
We are moving from a multitude of front and back end systems to one system for both. Front end= Jenkon (Specialize in direct sales industry) Back end= JDE 9.2 (part of Oracle suite- we are an Oracle shop). Both projects are in process. Jenkon is expected to be fully implemented in 2020 and JDE late 2020, early 2021.
Lastly, and most importantly we want to leverage data as an asset- By providing consistent, scalable data we will be able to provide better visibility to information to perform the type of analytics which will lead to better decision making
Ultimately, the goal here is to ensure that the tools in place support the corporate vision. Without the investment we are making in bringing our systems forward, we cannot support the strategic initiatives
So as it relates to our current projects, I want to highlight several different challenges that we are currently going through
Decentralized organization- We have always empowered the markets to operate as a sole entity. After 65 years asking them to now comply with a standard, global way of working can be challenging and stressing. Executive support is critical.
Resourcing- We started our current front and back end projects without an organization in place to support. These are not simple rollouts we have embarked on- they are transformational programs. Understanding the current and future landscapes are necessary strategies. We need to ensure we have the right people on the bus.
Resistance to change- We are moving everybody’s cheese right now. Roles, responsibilities, systems, etc. To mitigate this we are in the process of developing a change management office to support the corporation
Processes are specific to BU- our processes are local and unique and now we are asking them to change to a standard, “vanilla” operating model. In some cases processes may be worse than what they have today so there is a lot of resistance. Executive support and change management are key mitigating factors here
Current systems are highly customized and also on different platforms- For example in Germany our ERP system is 30 years old, is no longer supported and has over 3000 customizations. We are implementing next year- wish me luck.
Governance- we currently operate like the wild wild west. Have a problem, call your local IT support contact and it will be fixed. We are moving from that way of working to a much more disciplined process. Moving forward change requests will be business cases that need to be approved by a global governance team who oversees the entire operation. Executives will be informed regarding any changes to the vanilla model and in some cases will be the decision makers. Without this model you cannot maintain what you are building
Bureaucracy- Every company has some level of it. Ours makes Washington DC look functional. The mitigation for me is to find executive sponsors who I can leverage to push the strategy, the agenda and keep the projects moving forward.
BTW one item not listed on here for our ERP implementation is we are trying to build a global model while we are ongoing two local implementations with two other Si’s. So right now we have an organization of two trying to support three different projects with three different SI’s!!!!
In summary……Whats really critical is that when you identify challenges or risks you also understand how to mitigate it. When going through this type of program its also important to have a very good partner who can bring knowledge, experience and is confident enough to be transparent enough so that we can work through this journey together. For our JDE implementation last year we did not have a good global partner, and we had to temporarily stop the project. Part of the reason we were not successful was the partner, part of it was the lack of maturity and knowledge within our organization on how to do this.
So, this year we have engaged Bristlecone and albeit it has only been 9 weeks, the team sees a major difference in how we are operating. We are treating it like a strategic, transformational program and are in the process of building a foundation that we hope will support what we are trying to achieve.
I hope this last slide gives u a glimpse of who we want to be……
So that concludes our presentation, I am happy to open it up to any questions…….