Alex Moral, Senior VP of Trustmark Voluntary Benefit Solutions BUSINESS TRANSFORMATION 100 Years of Experience • 1913: Railroad workers taking care of each other • 1929: First non-railroad group • 1990: Consolidated billing • 1995-99: First VBS universal life with long-term care policy & first lump-sum cancer policy • Past, present & future: Personal | Flexible | Trusted Trustmark Voluntary Revenue 300 250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Business Transformation “If it ain’t broke, don’t fix it.” - Widely attributed to T. Bert (Thomas Bertram) Lance the Director of the Office of Management and budget in Jimmy Carter's 1977 administration THE WORLD KEEPS CHANGING! Business transformation is a change management strategy to align the people, process and technology initiatives of a company more closely with its business strategy and vision. Source: RapidBI - Business & Organizational Development tools, training & services – Human Resources, OD & Leadership Business Transformation Business Transformation Tools Business Transformation - Tools • Metrics • GE • Amex Business Transformation Process Business Transformation - Process • Process improvement • Voice of the customer • • • • GE Motorola Apple Enterprise Business Transformation People Business Transformation - People • Workforce planning • People equity survey and The Leadership Challenge • Starbucks • American Red Cross • Intel • Johnson & Johnson • Jack-in-the-Box Business Transformation Improve Customer Engagement What does this mean? • Experience and learning from past 100 years • Stay true to our value proposition • Voice of the customer Trustmark value proposition • Best-in-class service • Long-term relationships based on bringing value • Innovative solutions VOICE OF THE CUSTOMER