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People Matter
Customers and employees are the overlooked 5th P of marketing:
Product
Price
Place (distribution)
Promotion
--Plus
People
What changed?
Companies can now measure the connection between loyal customers, and engaged channel partners, employees, vendors, and even their communities.
Organizations can now measure the impact of an inefficient employee behind the scenes or at the counter.
How? A relentless focus on the connection between customer
and employee satisfaction
An Undercover Boss
Customer relationship management software
Point of sale software
Web traffic
Social-networking feed back
Statistical process controls
Marketing for the first time can be measured more like manufacturing.
The Economics of Engagement Are Compelling
Engagement plays a key role in the success of nations and businesses.
(Did the Soviet Union fall because its system failed to engage? )
The Essentials of Enterprise Engagement
The people value chain—the interconnection of all of our people to results
A culture of innovation and collaboration between everyone who touches the company from customers to the community.
The mix of tactics appropriate to each audience, challenge, or opportunity
Enterprise Engagement Is a Big Field
It requires understanding interconnected audiences and how to align engagement strategies between:
Customers
Channel partners/distributors
Salespeople—promise makers
Employees—promise keepers
Vendors
Communities
Enterprise Engagement: The Psychological Component
It requires an understanding of what inspires people to performance:
Leadership and vision
Effective communication
Capability
Personal meaning and task value
A sense of feeling support and being valued
Measurement and feedback “Rewards, Incentives, and Workplace Motivation,” published by the Incentive Research Foundation.
It Integrates Fields and Tools That Were Once Siloed
Leadership and Coaching Training Performance and Financial Measurement Communication (Meetings, printing, social
networking, the Internet) Collaboration and Innovation Surveys and Polls Technology Employee Recognition and Alignment Consumer Marketing Incentive Program Design Culture
Every executive or manager needs to get it.
The old silos remain a major challenge.
Leadership often is required to break down barriers.
Engagement is Universal
More organizations are adding engagement to executive titles
Organizations have the data to know they have a problem—what they lack are clear solutions.
Engagement Expertise Wanted
How to make it happen?
This is a brand new discipline
The bigger the organization or customer base, the bigger the challenge
The Big Question:
The Enterprise Engagement Institute and Marcus Evans are working together to provide comprehensive information on this emerging field.
Formal training programs will be introduced shortly at select Marcus Evans conferences.
A certification program for individuals and organizations is being developed based on research and best practices.
We are using a highly interactive process to develop the curriculum: you are welcome to get involved to help shape the final product and share it with your organizations and others.
From Research to Action
Research on engagement
Development of a formal curriculum and certification
Enterprise Engagement Institute
A coalition dedicated to helping organizations profit from Enterprise Engagement, including:
Organizations in the for profit, not-for-profit, academic, and government sectors
Suppliers of engagement services and products
The Enterprise Engagement Alliance