Trust is the most valuable promise you can make to your employees and customers
Trust opens the door to new relationships and new relationships open the door to your best employees and best customers
The Covid era of limited face to face personal and professional visits has shifted the corporate value proposition to trust in employee and business relationships
Relationships with customers and employees are the foundation of a sustainable businesses
Loyalty of Employees measurably impact Customer Loyalty
Why now? In this age of complexity, uncertainty, deconstruction, and unintentional consequences, leadership has shifted from a clear vision of the future to character and culture built on trust
We are ending an era of perceived self-control. We are facing things down the road that we can not predict and have not seen before. This has become a non-linear world where process driven solutions are less effective
Returning to revenue built not on contracts but on relationships and the “Golden Rule: Treat others like you want to be treated”
We will screen and score new job candidates for the best fit in specific roles within your company. Then, follow new hires into their role collecting feedback to better score new candidates and identify drivers of trust and loyalty in the role. This employee trust and loyalty is then mathematically modeled into drivers of customer trust, loyalty and organic revenue growth.Â
Hunter has partnered with GoodJob (www.GoodJob.io) to provide the behavioral information needed to select the right person for the right job. The process is a continuously improving cycle where observations of employee performance in the role feed recommendations – strengthening and boosting productivity.Â
To select the right person for the right job requires:
Matching the behavior of the candidate to the behavioral profile of the role
Matching the chemistry of the candidate to the culture of the company
Assessing the skills of the candidate against the capability, time, and effort to train the candidate to perform in the role successfully
Hunter has confirmed from 30 years of experience that the foundation for selection of the right person for the right job is in matching the behavior of the candidate to the behavioral profile of the role. Too often, employers hire on the skill they see in the resume assuming a behavioral fit based on performance in a similar role, only to then fire on chemistry.
We provide the tools, processes and support to:
Delineate the critical behaviors for a role
Profile each candidate’s behaviors
Match the best candidates for a role based on these behaviors
We engage with the employee to:
Track the performance of the employee in the role
Continually improve performance and productivity through diagnostics on the behavioral fit [of employees and role] to performance of employees
Delineate the two or three unique drivers of employee trust and loyalty in your corporate culture
Mathematically calculate which supporting activities and pain points have the greatest impact on these drivers
Continuously gather feedback on reducing employee pain points and the improvement of the drivers of trust and loyalty.
Determine the attributes and drivers of employee trust and loyalty to improve employee retention and delight customers
We then engage with the Customer to:
Delineate the two or three unique drivers of Customer trust and loyalty in your corporate culture
Mathematically calculate which supporting activities and pain points have the greatest impact on these drivers
Continuously gather feedback on reducing customer pain points and the improvement of the drivers of trust and loyalty.
Determine the attributes and drivers of customer trust and loyalty to improve customer retention and delight customers
The foundation for the Hunter business to business focus on Trust and Loyalty began in the early 1980’s. Vic Hunter was a part of a team of professors and business leaders who met to explore what drove differentiated profit within industry sectors. The research and practices from that work became the foundation for “The Service Profit Chain."
A current review of this work is offered by Connor Brooke in the following article.
The service profit chain dissects the levers that translate good service into profitability. The outcome of quantifying and understanding these levers for the companies that have done it is an increased focus on empowering employees.Â
Leaders who understand the service-profit chain develop and maintain a corporate culture centered on service to customers and fellow employees. They display a willingness and ability to listen.
I believe that organizations can accomplish this by connecting front line workers more effectively with leadership through vertical collaboration. More specifically, the following key processes and organizational muscles should be focused on: having a good customer feedback loop; having a good employee feedback loop; and having a good process for making sure input, feedback and ideas get actioned.
The Service-Profit Chain is a theory and business model evolved by a group of researchers from Harvard University in the nineties. It establishes relationships between profitability, customer loyalty, employee satisfaction, loyalty, and productivity. Profit and growth are stimulated primarily by customer loyalty. Loyalty is a direct result of customer satisfaction. Satisfaction is largely influenced by the value of services provided to customers. Value is created by satisfied, loyal, and productive employees. Employee satisfaction, in turn, results primarily from high-quality support services and policies that enable employees to deliver results to customers.Â
We will screen and score new job candidates for the best fit in specific roles within your company. Then, follow new hires into their role collecting feedback to better score new candidates and identify drivers of trust and loyalty in the role. This employee trust and loyalty is then mathematically modeled into drivers of customer trust, loyalty and organic revenue growth.Â
1. CREATE A CUSTOMER FEEDBACK LOOP
With the service profit chain, the ultimate measure is customer loyalty. To get there, organizations should focus on creating satisfied customers by providing great value. This is easy to understand, but of course not easy to do.
Understanding what customers value is difficult for two reasons. First, unless you’re a small startup, it’s difficult for leaders to stay in close, direct contact with customers. The larger the organization, the more complicated this becomes. The second reason is that customers aren’t actually very good at explaining what they want and why. If we just listened to our customers verbatim, we’d likely miss many important opportunities to provide more value.
To deal with these challenges (and in addition to other measures such as NPS) I believe it’s best to use front line employees to create a customer feedback loop. Frontline employees can be trained to understand how to translate customer feedback into useful input and the right tools and processes can provide structure that’s more actionable at scale.
2. CREATE AN EMPLOYEE FEEDBACK LOOP
Frontline employees are critical to a great customer experience. In the service profit chain, this translates to empowering employees to do their jobs well and increasing their motivation to provide great service. Similar to customer feedback loops, creating a feedback loop for frontline employees is key to unearthing the problems that hurt productivity, satisfaction and ultimately loyalty. In his acclaimed study “The Iceberg of Ignorance”, consultant Sidney Yoshida concluded:
“Only 4% of an organization’s frontline problems are known by top management, 9% are known by middle management, 74% by supervisors and 100% by employees…”
If this is even half true at your organization, you can see why it’s critical to have a better way to collect, structure, and action the significant number of problems you don’t have knowledge of.
3. CREATE PROCESSES TO ACTION INPUT
Armed with great input and feedback, it’s important to have a good process in place that biases action over analysis. Multiple studies show that a focus on implementing known solutions has a bigger impact on customer satisfaction than analysis and focusing on bigger issues. Coming with ideas on how to improve customer satisfaction is not typically the issue, the knowledge already exists within the organization. The bigger issue is that often these ideas don’t progress because:
The individual with the solution doesn’t have the resources needed to implement it
The origin of the problem and solution exists elsewhere in the organization
Many of small, good ideas slip through the cracks and never get actioned
This is where a better connection between frontline employees and leadership can become key. With leadership support and the right tools and processes, leaders can ensure that solutions get the needed resources, the right cross-functional collaboration happens, and they appropriately prioritize input by shining a stronger light on all the solutions and assigning accountability.
Lower financial and human capital investments in new employee hiring- lower employee turnover
Higher employee productivity
Retention of customer revenue stream
Improved gross margin dollars at renegotiation of contracts
Greater product line penetration
Faster new product absorption
So, what do shared values mean in your daily life?Â
It is the guiding light; a view at the horizon.
It is the commitment we make to each other and to our clients.
It is the way we live our lives.
It lets us unclutter the day with actions that may be difficult, and may require courage, but will make us feel good, feel the support of others, and make us proud.
Having a shared value system is a great way to lead your life, to make daily decisions, to find courage, and to look back on your life with pride: as a spouse, parent, child, friend, co-worker and partner with our clients.
We aspire to be an energizing, caring community of self-directed individuals, committed to furthering the transformation of business through:
INDIVIDUALS BUILDING A COMMUNITY
To build a community within our company, we freely communicate our common goals and form partnerships among each other to reach them. We maintain an environment of openness and trust so that we all understand our individual roles and responsibilities. We nurture the self-worth of each person and respect the opinions and contributions of each individual.
ENCOURAGING INDIVIDUALS TO REACH THEIR FULLEST POTENTIAL
As individuals and as a company we strive to reach our fullest potential. We create opportunities and help each other succeed. We achieve success by taking risks and learning from our mistakes. With each success or failure we strengthen the sense of community within our company.
CREATING A BALANCE
We continually strive to achieve a dynamic balance between our business responsibilities and our personal values. As an organization, we must balance our fiscal duties with our corporate culture, realizing that we must attain profits to advance our corporate values. As individuals we must ensure a balance and understanding of how all elements of our business and personal lives fit together.
WITH A COMMITMENT TO INTEGRITY
Each of us must demonstrate and instill the highest levels of personal pride, integrity, and professionalism in all we do. To create an environment of openness, trust, and positive communications, we insist all individuals act with fairness, equality, and honesty. We must perform to the best of our abilities in all situations.
TO SERVE OUR CLIENTS AND OUR NEIGHBORS
We must build the same relationships with others as we have with each other. In service to our clients and our neighbors, we must clarify and keep our commitments. Regarding our neighbors, we must recognize needs and meet them with appropriate corporate and personal resources. As professional individuals, and as a company, we must proactively address issues we see as vital to our clients' success.
Hunter aspires to be the Barnabas of Business Relationships. Barnabas was a supportive, unselfish, loyal, mature, bold leader and encourager.
THE BARNABAS GROUP PHILOSOPHY
The Barnabas Group is a vital part of the history of the Hunter Business Group Shortly after Vic Hunter formed V. L. Hunter & associates he joined with some business associates in establishing the Barnabas Group which consisted of various individual consultants.
Barnabas Name
The name Barnabas was chosen from the man described in the New Testament book of Acts, as a bold and visible encourager of others. Barnabas "The one who encourages" [Acts 4:36]) was a close follower of Jesus and considered a disciple. He worked closely with Paul helping to organize and support the spreading of God's word. He was considered a strong and important counselor who backed up the others who were more visible. Because of his important role, the name Barnabas was chosen. And, like Barnabas, members of our Group support, encourage, and assist one another while serving business clients.
Corporate Logo
One of the most important elements of our identity is the corporate symbol or logo. A distinctively designed symbol creates a strong visual expression of the Company. This in turn links all of its activities and is easily identified. The Barnabas Group's symbol is the focal point of our Group's visual identity. The trademark has been designed to symbolize several fundamental elements associated with our corporation's personality, objectives, commitments, and attitudes around basic Christian beliefs.
The prime objectives surrounding the development of our symbol focus on the following criteria:
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Our Christian principles should be at the center of all our work. This not only applies to the final product, but most importantly, to the way in which it is achieved. This is symbolized through the formation of a cross centered within the four inward pointing chevrons.
Our goal is to not only provide high quality work, products, consultation and services, but by doing so, educate and provide valuable guidance and support. This is symbolized by the overall appearance as a star, giving direction (as in the Christmas story) and shedding light (knowledge).
Our openness to the Holy Spirit is shown by the four chevrons as symbolic, pictographic doves.
Our concern for the inner development of ourselves and our individual relationships with our clients is shown by the inner focusing of the symbol.
In addition, the individual elements of the symbol combine to form one main element. This reinforces the concept of cooperation and unification between the various marketing areas throughout our Group.
The Apostle Joseph was known for the way he loved and encouraged others. So much so that his fellow apostles granted him the nickname of Barnabas, meaning “son of encouragement” or “son of exhortation.”
Victor Hunter
President
Vic is founder and president of Hunter Business Group LLC. He is nationally known for his expertise in business-to-business organic revenue growth.
Founded in 1981, Hunter is the first consulting and service company dedicated to B2B organic revenue growth through retention, product category penetration, new product absorption, and new account aquisition. Hunter Business Group has developed tools and processes in Loyalty and Account Management that change the way businesses are run in the United States, as well as in Australia, Hong Kong, Tokyo and throughout Europe. Vic and his company remain dedicated to the development of strategic plans and operational programs. Doing the development and piloting of profitable business customer centric programs with Hunter creates validation of new disciplines in the consulting practice.
Vic is the author of Business to Business Marketing: Creating a Community of Customers, which provides a comprehensive model for doing business in the new customer-focused environment and the practical guidance for implementing profitable, customer-driven marketing programs.
Vic and his wife, Linda, followed their dreams onto the Appalachian Trail in 2017, hiking 1400 miles in 6 months with their oldest granddaughter. They returned from the trail moving to Greencastle, Indiana to focus on relationships in Community in business and family.
Building a Loyalty & Trust Framework
A business model leading to profitable & sustainable customer relationshipsÂ
Project Scope & Metrics
Current environment summary
Objectives & success metrics “size of the prize”
Project process & timeline
Scope & budget
Core questions for field research
Planning, Preparation & Launch
Develop loyalty & trust hypotheses
Loyalty drivers
Associated attributes
Pain points
Build External & internal alignment
Target response by segment
List development Customer intro
Develop Incentives
Create Survey instrument
Build a Community of Customers
FieldÂ
Research
Digital survey in waves (typically 2-4)
Response monitoring
Follow-up interviews where appropriate
Incentive management
Field closure
Analysis, Observations & Recommendations
Data summary
Validated trust and loyalty drivers with impact ratios
Corporate activities identified by the customer to impact drivers
Customer at-risk assessment
Identification of customer pain points
Observations & findings
Recommendations for action
Implementation & Results
Customer communication plan
Customer presentation & script
Engagement process
Customer charter development & management
Organizational change & management
Progress review
Track financial impact
We can help you achieve a customer-centric focus that is paramount
to the business success of any B2B organization. Contact us today to learn more!
Hunter Business Group, LLC
Investing in Relationships for Organic Growth
3645 S County Rd 200 W
Greencastle, IN 46135
Phone: +1.414.745.3848