Welcome! The webinar will begin in a few minutes. The audio portion can be accessed at 1-303-248-0285 access code 5522764 While you’re waiting… …Join our LinkedIn Group Search Groups for “FBR Performance” and click Join Group! Welcome! The webinar will begin in a few minutes. The audio portion can be accessed at 1-303-248-0285 access code 5522764 Moving the Needle: How to Improve Satisfaction and Engagement to Help Drive Franchisee Performance Michelle Rowan, COO Franchise Business Review 603.433.2260 michelle@FranchiseBusinessReview.com Eric Stites, President and CEO Evan Hackel, President and CEO Franchise Business Review 603.433.2266 eric@FranchiseBusinessReview.com Ingage Consulting 781.569.5900 ehackel@ingageconsulting.com Satisfaction vs Engagement Expectations Behavior Experience Satisfaction Satisfaction • • • • Contentment Fulfillment Gratification Meeting / Exceeding Expectations Satisfaction Engagement • • • • • • • • • • • Contentment Fulfillment Gratification Meeting / Exceeding Expectations Focused Involved Passion Energy Working together Partnership Responsibility to the Organization Levels of Franchisee Engagement Engaged: Unengaged: Actively Disengaged: See themselves as partners See themselves as more of Exploit or compromise organizational objectives a customer than a partner Participate with passion for perceived personal gain They are not disconnected Execute programs or disenchanted with the Are cynical of management group, but they’re not Feel a deep connection They share their negative inspired either to the organization feelings with others Take ownership for success They put the responsibility Undermine the group’s of their success with potential Support and inspire other management members It takes significant effort to get It takes more effort to them to support new initiatives Are pro-active with ideas communicate with them and to get them to support Yet, some of them consider the coop’s efforts themselves satisfied Behavior Results Beliefs Behavior Results fsi 6 Years of Research 500+ Brands 100,000+ Franchisees n FSI Fred Jones Portsmouth, NH Breakout by Franchisee Tenure n FSI Breakout by Franchisee Tenure New Franchisees n FSI Breakout by Franchisee Tenure New Franchisees n Most Senior Franchisees FSI Breakout by Regional Field Consultant Industry Benchmarks 53 BENCHMARK En g a g e d , 17% A ctive ly D ise n g a g e d , 27% U n e n g a g e d , 56% Question: Overall, how would you rate your Franchisor and the Opportunity provided by this franchise system? Question: Overall, how would you rate Your Performance as a franchisee? Question: Senior Management Involves Franchisees in important company decisions: Question: I trust my Franchisor: Question: Assuming there is no geographic or other territorial conflicts, choose the statement that best describes your discussions with others about this franchise: Building Satisfaction & Engagement • • • • • More participation More idea sharing Better performance More referrals Fewer headaches Developing Franchise Support • Ops team needs to know what the Development Team is selling (& promising) • Development Team needs to know what happens at Unit Level on a daily basis • Training Programs must detail all the DIFFERENT types of support available & don’t just use one Breakdown of the Field Visit • 25% on Operations: Compliance • 25% on Financials & Profitability: Review P&L’s, COGS, Labor, Cash Control • 50% on Growing the Business: Field Rep competency must be how to attract & retain customers! Zor Zee Alignment of Expectations and Goals Financial Prosperity Tool Join our LinkedIn Group… Search Groups for “FBR Performance” and click Join Group! Moving the Needle: How to Improve Satisfaction and Engagement to Help Drive Franchisee Performance Michelle Rowan, COO Franchise Business Review 603.433.2260 michelle@FranchiseBusinessReview.com Eric Stites, President and CEO Evan Hackel, President and CEO Franchise Business Review 603.433.2266 eric@FranchiseBusinessReview.com Ingage Consulting 781.569.5900 ehackel@ingageconsulting.com