The employee customer (team) is the single most important customer to understand. This is why attracting the top people is so important to your business. When companies get this right, they get it all. In other words, if you have the right employees and they are reaching their potential; the consumers are getting the experience they desire. This leads consumers to enjoy your company and tell their friends about your wonderful company.
When companies get aligned from the inside out, the owners get the best possible returns. How well do you think leaders understand their people? I bet you would agree that leaders can get caught up in chasing results, shareholder returns. If people are the company’s most important asset, this should be a focus. Results are outcomes. Just like sports teams. It’s all about the teams, that’s how they win games. The employees should be your most important customer and if you invest in them, you will improve your consumer experience and drive financial results to your shareholders. Everyone wins. The employee, shareholders and consumers.
HIGHLIGHTS
Patrick Antrim discusses the 3 Customer Rule, which all businesses have and need to understand in order to provide the highest level of service possible for all 3 customers.
SUMMARY
SECTION 1 (1:12)
The 3 Customer Rule
Solves ALL business challenges in any situation
Who are the customers?
Customer experience is evolving and changing
Most CEOs only recognize and understand one type of customer
SECTION 2 (4:54)
Customer 1
People that buy your products and services (clients, consumers)
Customer 2
The owner/shareholder – leader, boss, manager
Customer 3
The employee customer (could also be a consumer and/or shareholder)
Most important and most misunderstood customer
SECTION 3 (7:14)
How this relates to professional sports/baseball, specifically the Yankee organization
Known world-wide
Strategic business moves in order to attract top talent
Fan Experience
Team owner creates outcomes for “fans” by focusing on the teams
Best players on the field
Long-term view of players and how they fit with the culture of the team
Committed to creating a winning tradition
In business, customers want you to win also
When you are winning for your business and your employees, your customers will feel the benefit of that and pay a higher value
Shift away from sales and marketing to a long-term view of investing in the culture you’re creating
Joe Torre and George Steinbrenner as customers
SECTION 4 (13:57)
Customer service being disrupted
Social Media Platforms
Empowers people to have a voice
Empowers employees to have a voice
No More Crappy People
Get clear about the type of company you want to be
Win where you are
Get “called up to the big leagues”
Differentiate your brand
SECTION 5 (16:28)
Making customers happy
Giving away free products to consumer customer does not make owner customer happy
Only pleasing owner customer by charging higher prices for example, may not be making consumer customer happy
By focusing on EMPLOYEE customer, both consumer and owner customers will be happy
Commitment
Owner customer must be committed to employee customer who will then be committed to both consumer customer and owner customer