Customer Loyalty Defined

I shared in the previous post Dr. Bendapudi’s idea that your brand is your promise. Whether you provide products or services for the B2B or B2C market, it’s important to understand that for your consumer, your brand is functional (or rational) and emotional. When you capture the customer’s emotion, they are truly engaged with your brand.

In certain respects, you can think of their awareness of your brand of ‘shelf space’. It’s actually ‘mind space’ in this case, which is arguably an extremely valuable commodity. Bendapudi points out that your brand is brought to life by your people. The experience your customers and clients have with your company is the bottom line. Experience trumps the marketing every time. It doesn’t matter what you say, it matters what you do. Sound familiar? [Click To Continue...]

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Branding Brilliance

Last Wednesday, November 3, our Seattle chapter of the Women Presidents’ Organization had the honor of co-hosting, The Ohio State University Professor, Ph.D Neeli Bendapudi. Our co-hosts were the American Express OPEN Forum Program. I had the privilege of spending the evening visiting with many of our brilliant members and guests and hearing a thought-provoking and informative talk. Professor Bendapudi teaches Marketing and is also the Director at the Institute for Managing Services at the Fisher School of Business. As an alum of The Ohio State University, I was especially excited to welcome a professor from my alma mater! Here are just a few of the highlights and insights I gleaned – hopefully they’ll provide you with some great food for thought.

Let me first say that Dr. Bendapudi is accessible, knowledgeable and engaging. She began her presentation stepping away from the podium, telling us she didn’t want to be the ‘sage on the stage’. She spent her talk walking among the audience and using great examples, humor and video to keep her talk engaging and fun to listen to. All of the ideas and wisdom below come from Professor Bendapudi: [Click To Continue...]

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How Does Crisis Shape You?

Crisis can make or break a person or a company. How you respond to change defines how you step into the challenge. Do you sit it out in your imaginary storm shelter hoping it will pass and you will emerge unscathed?

Or do you rise to the moment, innovate and look at what you can do differently? Crisis might look like a changing economy, the loss of a job or a corporate restructuring. Your response determines how you will weather the storm. With the right perspective and corresponding actions, you can grow and prosper during challenging times.

You shape the circumstance or it shapes you. Think of a weather crisis. A tornado touches down or a hurricane passes through. You stay safe during the event and emerge after to a changed world. Some buildings have moved; others are gone; some things are destroyed, while others remain standing. You can?t just pretend that everything was exactly as it was before.

Crisis can call us to innovation. What if you knew that it would work out better? Would that change your perspective? Your attitude? Your actions? If you want better answers, ask better questions.

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Leadership

I recently attended a beautiful evening hosted by Laird Norton Tyee featuring guest speaker Bill George, Harvard Business School professor and former CEO of Medtronic. George’s message: “In order to be effective, today’s leaders must have clarity, courage and commitment”.

He went on to explain that leaders achieve this by aligning with their own values, empowering others, serving the organization and its communities, and by collaborating. You can read more in-depth wisdom from Mr. George in his books Authentic Leadership and True North. Learn more about Bill George: www.truenorthleaders.com
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You’re Hearing, Are You Listening?

Webster’s defines listening as: to make a conscious effort to hear; attend closely. I like Stephen Covey’s refinement: Listen to understand, not just to respond. For many of us in most situations; much of our conversation is about waiting for the other person to finish talking so we can add our views.

Not to say our views aren’t sometimes (perhaps often) interesting, well-thought-out, even helpful. But how often do we really listen as opposed to just hearing what is said?

People are distracted – more than ever – our minds are constantly busy, doing one thing, thinking about something else flitting around almost unbidden from one subject to the next. It’s easy to lose focus.  And that’s just in our own heads, never mind interacting with someone else and paying attention! [Click To Continue...]

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Make Your Own Opportunities

An organization will have a high spirit of performance if it is consistently directed toward opportunity rather than toward problems. Peter F. Drucker
What’s your insight into Druckers’ quote? There are clichés that have been around forever – seeing the glass as half empty or half full or the image of Pollyanna. Clichés, whether you love ‘em or hate ‘em (and it’s usually one or the other, no gray area here…), usually have some truth to them which is why they get repeated – even if people do roll their eyes – and become part of our collective consciousness.
It’s true that we often don’t have control over circumstances – things happen – sometimes things we wish hadn’t. Nothing we can do about that. However, we CAN control how we respond, how we react. It may, in fact be the only thing we can control in some situations. [Click To Continue...]

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