Benchmarking Your Customer Advisory Council

Wednesday, February 16, 2011 by Kelly Jones
Benchmark MetricRecently I wrote an article about the importance of bench strength for your Advisory Councils. Not only is this a best practice, but it is also a good benchmark for the success and sustainability of your program.  

To see how effective your Advisory Councils are simply count how many people you have ready and willing to step in if an opening were to occur on your Council today.


# of Ready Now CustomersRating
NoneTypical of a new council. Remember, recruitment is an ongoing effort. Plan now and you'll be ready when a retirement occurs.
1-3Good job. Be sure to maintain communications with this group and actively manage the touch points.
4 or MoreTop notch. You clearly understand the importance of proactively managing your pipeline.

Bench Strength is Good For Advisory Councils Too

Tuesday, February 8, 2011 by Kelly Jones
We often think about bench strength as our internal talent pool--when in reality the same principles apply to our Customer Advisory Councils.

Bench StrengthBench strength ensures you have customers primed and ready to participate when an opening occurs on your Council.

Catherine Gibson-Green, Customer Advisory Council Director at AT&T, maintains a list of prospective Council members submitted by the sales force. To see how well a customer would contribute to a Council she offers them opportunities to participate in subcommittees, work groups, focus groups and surveys. In doing so, she continues to engage them, strengthens the relationship and defines the expectation of Council participation. Smart thinking!

So who are you cultivating as your next Council member?

Acquiring or Being Acquired? Don't Forget the Customers

Monday, January 10, 2011 by Kelly Jones
Acquisitions are expected to pick up in 2011. Should you find yourself as part of an acquired company, here is a tip to help you weather the change.

The acquiring company may be familiar with your market, but generally they are not intimate with your customers. If you have strong customer engagement programs, you are Companies Coming Togetheran asset during the transition period.

Instead of sitting on the sideline, involve the acquiring company in your Customer Advisory Council.* They'll have the chance to meet your strategic customers, discuss the new organization, understand challenges and trends in your market and map out future opportunities with your customers.

You'll position your programs as strategic and yourself as a trusted adviser.


*Consult with your legal department and/or the transition team to understand when you can involve the acquiring company

A Key Indicator Your Relationships Aren't Where They Need to Be

Friday, December 10, 2010 by Kelly Jones
A prospect told me earlier this week that their company didn't have a centralized customer contact list. In the spirit of the season, the CMO sent a note to the sales force asking for customer names, titles and addresses to send a holiday gift. The thought was thaHoliday Cardt this route would provide a backhanded way of getting the data.

Only it didn't.

So what can we learn from this lesson?  Relationships are critical...inside and outside your organization.

Your sales force needs to trust that value will be gained by sharing customer data. Only when you share the data can you start to have conversations about how and where to strengthen relationships with clients. 

If you don't have a customer contact list at the corporate level, chances are pretty good that your relationships are not where they need to be.

The good news is the holiday season presents a great way to start. Even though the CMO in my story above didn't hit the ball out of the park on the first try, seeds are being planted and will in time produce results.

So start trying.

2011 is the Year to Master Execution of Your Company’s Strategy

Friday, December 3, 2010 by Kelly Jones

Remember the movie Miracle on 34th Street?  The little girl who doesn’t believe in Santa, but mutters “I believe…I believe” anyway? I’m reminded of that scene when I think about corporate strategy.  Until the little girl sees the present she asked for, she is hopeful, but not a true believer. 34th

Employees and leaders are the same way. They want to believe in the strategic planning process. They know they are supposed to believe in the ultimate strategy, but it’s hard. Until they see what they’ve asked for, it’s all just a bunch of words and a lot of PowerPoint. And unfortunately, years of failing to take tangible actions leave companies with wishful thinkers.

Research shows most corporations fail to compete not because their strategy is good or bad, but because they are unable to execute their chosen strategy.  This shouldn’t come as a surprise. There are countless numbers of books written by really smart people who tell us the importance of execution.

They are right. Execution is the game changer…if for no other reason than the culture of success created by following through on a plan and holding each other accountable for performance.

 

The NFL is a great example.  In a league of salary caps and parity, where teams are separated by just seven points, some teams flourish and others struggle to win. 

 

The difference is execution.

Without execution there is little chance of meaningful long-term success.  But you can take steps now to change that.  You can take steps to improve execution in 2011.

Where to start?   You must first build trust—in the process, in your leadership, and in your organization to make decisions and take actions consistent with your strategy.

To build trust in the process, you need to ensure your strategy is tied to a real understanding of the market.  Employees are savvy. They know the difference between an outside-in view and the kind that comes from “the ivory tower.”  Regardless of how smart your employees think you are, or how much they respect you, at the end of the day they want validation.

The best way we have found validate or vet strategy with the market is through interactions with key customers.  It could be as simple as a roundtable discussion of your S.W.O.T., or as sophisticated as a facilitated Advisory Council.  Either way, you gain rich feedback validating your opportunities and constraints.  You get a clear picture of the market and where it is headed.  And, you strengthen your customer relationships in the process.

This feedback and market clarity is critical as you work to build the second level of trust—trust in your leadership.  Think about what has happened to the employment contract over the past ten to twenty years.  We’ve told employees they should be loyal to their companies, even when their companies are not.  We want employees to be advocates for our brand, but we often fail to educate and support this effort.

To rebuild trust in leadership, your strategy must be relevant.  Creating an outside-in strategy is a good first step. The second is to start a dialogue.  The good news is both ends of the generational divide are actually united.  Baby boomers and millennials both desire integrity and transparency in leadership. They wish to participate in—not be spoken “at” or “to”.

While some companies are testing social media and online communities, there is still a lot to be said for facilitated face-to-face engagements.  We particularly like Root Learning’s strategy map process which is grounded in adult learning techniques.  It helps employees understand and participate in the strategy process—the need to change, the alternatives considered and the path chosen.

By rebuilding trust in the process and in leadership, you have improved your chance of succeeding.  Your journey, however, is far from complete.  To build trust in the organization you must help the organization let go of the past (i.e. destructive behaviors), while at the same time celebrate successes and hold each other accountable for performance.

Performance management is a key component to connect organizational, functional and individual performance objectives to the roadmap and behaviors.  The metrics for determining progress will need to be communicated frequently through town halls and internal communication vehicles.

We also suggest creating an internal board to monitor employee understanding of the strategy and provide feedback on how communications are perceived by different parts of the organization. By understanding how long to stay on message and when and how to adapt your messages, you’ll improve the capability of the organization to execute and you’ll greatly improve organizational trust.

Great execution is no miracle. By taking steps now to rebuild trust in your process, your leadership and your organization, you will create an organizational culture known for execution and success.