iiht friedman services ppt
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Argentina • Australia • Brazil Central America • Chile • China Colombia • India • Mexico
Delivering sales increases for retailers worldwide since 1980
New Zealand • South Africa United States
IIHT‐ Friedman Group
Harry J. Friedmanfounder & CEO
• Founded in 1980 by retail authority Harry J. Friedman, to provide retailers with affordable ways to professionally train and manage their people to produce more sales and deliver better customer service.
• The Friedman Group is now the largest and most sought‐after retail consulting and training organization in the world, with thousands of retailers g g g fusing its training and management systems everyday.
• Every Friedman Group training program contains valuable information and techniques that are the result ofworking in the field every day for the past 30techniques that are the result of working in the field every day for the past 30 years, solving problems and generating sales for our client partners.
• IIHT‐Friedman Group is a joint‐venture business, head‐quartered in Bangalore servicing Asia Africa and theMiddle East We offer on siteBangalore, servicing Asia, Africa and the Middle East. We offer on‐site consulting and training; customized training programs; public and private seminars, video and audio programs, webinars, books, manuals, private speaking engagements etc that each ear deliver millions of dollars in salesspeaking engagements etc., that each year deliver millions of dollars in sales to retailers globally
Our global presence
IIHT‐TFG Is a “retail‐only” consulting and i i h htraining company – a thought‐
leader in retail
Has worked with retailers of all sizes and formats across 12 international markets for nearly 30 years.
Understands pain‐points of retailers worldwide.
Global retail wisdom customized to country‐unique solutions.to country unique solutions.
IIHT‐Friedman Group services in India
Retail Open Academy (B2C)A R t il A d f
Retail Knowledge Partnership (B2S)Retail Resource
Consulting & Training (B2B)Consulting and training
Managed ServicesAn outsourcing model that provides retailers with Store readyA Retail Academy for
aspirants to take customized programs that will equip them with skills required for
Retail Resource Repository (RRR) ‐ a knowledge anchoring initiative for retail management education
solutions in areas of retail operations; sales and customer service for large and SME retailers
with Store‐ready manpower that are First Day, First hour™ productive
with skills required for careers in retail.
g retailers
consulting • The Friedman Group offers strategic and tactical assessmentconsulting strategic and tactical assessment of your retail operations
• Helps you align your retail30 years of consulting & • Helps you align your retail operations with your organization strategy and
30 years of consulting & training
All sizes & formats of organization strategy and financial goals
• Develops a road‐map for your
retail
Consultants and trainers who are / have been Develops a road map for your
organization to get to where you want to be
who are / have been retailers with grass‐root understanding of the
• Provides a wide array of consulting and training solutions
industry
Offices in 12 countries g gto bridge the gap to achieving your goals.
Millions of satisfied retailers
Business Improvement Audit
Multi‐level Staff evaluationsConsulting &
Training (B2B)
l d
Job Description & Organizational
Consulting and training solutions in areas of retail operations; sales and customer service for large
Documentation
P li d P d
Design
C i
gand SME retailers
Policy and Procedure Documentation
Compensation Planning
Accountability Structures and Structures and Systems
Business I t A dit
Interviews with staff and tImprovement Audit management
Store visits & mystery shoppingTwo to five day interface
Review of sales statistics; MIS
An assessment of current standards
Two to five day interface with the retailer
and systems in practice
Concludes with a debriefing of IIHT‐TFG findings
Recommendations
Custom Training content development
Job Description & i
Each one in the system knowsDocumentation What to do? and How to do it?
Helps in setting expectations Design clear, clean and
and accountability for each individual
Design clear, clean and easily understandable job description for your
d i l Easy to measure performance
Helps in setting KRAs and
store and managerial staff
appraisal mechanisms for incentivizing your staff.
Policy and Procedure Documentation
We will design a comprehensive, t d t li d dDocumentation up‐to‐date policy and procedure
manual that helps:Eli i t i i t iIs a process of Eliminate inconsistencies; assumptions and just plain guesses
Install progressive discipline and
Is a process of scientifically documenting
Install progressive discipline and make everyone accountable for their own actions.
Who should do What? When?
Why?Can be easily communicated and uniformly implemented across
Why?
How? &
Where?geographies
Helps in quick indoctrination of
Where?
in a retail store.
new hires
Accountability Structures and
Our proprietary system creates a highly accountable sales floorStructures and
Systemshighly accountable sales floor. The performance indicators for each individual is extensivelyYour store’s each individual is extensively tracked in ways that go far beyond traditional retail sales
Your store s performance is only as good as the sum of the
f f ll h beyond traditional retail sales tracking systems. We help you identify the why:
performances of all the individuals working on the floor. We help you identify the why:
Why your cumulative and individual sales numbers are
When someone is not contributing what they
what they are; and more importantly, what you and your
should; do you know why?
managers can do to improve them.
Multi‐level Staff l i
We can assist you in using your i i l i i i h levaluations existing evaluation criteria; help
you improve it; or create a new criteria based on your uniqueDo you have established criteria based on your unique structure and operational culture.
We will help you set and analyze
Do you have established performance benchmarks for
h h We will help you set and analyze management‐level benchmarks for categories such as quit‐to‐fire
everyone on the shop‐floor?
Does it offer an categories such as quit‐to‐fire employment ratios; percentage of fully trained staff; as well as
Does it offer an objective platform for analysis and evaluation fully trained staff; as well as
universal evaluation criteria, such as adherence to company and store
of each one’s performance?
p ystandards and achieving sales goals
Organizational D i
IIHT‐TFG can perform a business “Ch k ”Design “Check‐up” to assess your current organization structure d iIs your organizational and map it to your company
vision and mission.
Is your organizational structure supporting or defeating a high‐
f l Provide you a road‐map of how the organization has to scale up
performance, sales‐driven culture?
Do people wear manyto get to where you want to be?
Help you with goal‐setting as
Do people wear many hats; hold many responsibilities and p y g g
part of your regular strategic planning exercise.
often end up applying quick fixes to keep the operation running? p goperation running?
Compensation Pl i
It is not always a matter of having to pay more butPlanning having to pay more—but understanding how to most strongly correlate rewards withDoes your compensation strongly correlate rewards with desired behaviors. After all the best compensation
Does your compensation planning allow you to attract and retain the b l ? After all, the best compensation
plans directly reward the performance of each individual
best people?
Are you able to maintain a strong sales‐driven p f
while also being fair and just to the rest of the team.
a strong sales driven culture?
We use our extensive experience to ensure changes you make in this highly sensitive area deliver the results your desire.
training Set learning objectives and identify the most appropriatetraining identify the most appropriate format for training ‐ instructor‐led; class‐room; on‐the‐job;Designed to build a staff led; class room; on the job; mentoring etc.Develop courseware; learning
Designed to build a staff of motivated, willingand highly skilled team
b h d li Develop courseware; learning aids; media production; online development etc., to ensure a
members that deliver sales growth.
p ,robust and complete training product.Create practice opportunities to ensure skills are retained long after the training program is completed.
Sales Training Product Knowledge T i i
Zonal and Regional Management
Gold Star Selling™
Training
Cashiering &
Management Training
Online LearningGold Star Selling™ Cashiering & Customer Service Training
Online Learning Solutions
Project Gold Star™ Store Operations Training
Blended learning Solutions
Team Selling™ Store Self Track™
Satisfying Difficult
Management Training
Proprietary Training
Satisfying Difficult Customers™
Sales Training Systematic approach to l i lcompleting a sale
Ensures salespeople have the Semi‐custom or tailoredright tools and know when to use them to turn ‘shoppers’ into
Semi custom or tailored programs for:
New Employee ‘buyers’
Reduced training time of new‐
Certification
Sales Training
hires
Dramatically reduce attrition
Advanced Sales Training
Personal Trade
P d t K l dFormal and uniform system of training across all geographies
Product Knowledge
Customer Service
Professional Sales g g g p
More conversions & increased average ticket sizes.
Professional Sales Certification Programs
Team Selling gg
Gold Star Selling™ Customers today are more informed than they were a fewinformed than they were a few years back.They may know as much or evenThey may know as much or even more about a product than your salespeoplesalespeople.Customers demand information relevant to their needs wantsrelevant to their needs, wants and desires, from professionals they can trustyThis 8‐step proprietary program imparts highly effective tools to p g y ffenhance shopping experience and win customers for life.
Project Gold Star™ Shifts business focus from being operations‐oriented to being high‐performance sales‐oriented to being high performance salesoriented.Imparts recruiting, interviewing and hiring techniques to help attract and retain the rightProvides a blueprint for techniques to help attract and retain the right people ‐ increased employee motivation, pride and professionalism.
Provides a blueprint for developing a high‐performance Retail O i i Provides an organized system for training new
and existing staff.Key metrices simplify analyzing store
Organization
y p fy y gperformance.Detailed sales statistics makes each staff member accountable helps identify coachingmember accountable ‐ helps identify coaching needs.Establish non‐negotiable standards of behavior; increase discipline, improve customer service.
Increase sales dramatically.Increase sales dramatically.
Team Selling™ Salespeople may give up too quickly to resistance fromquickly to resistance from customersTheymay not see the actualHow many customers They may not see the actual opportunity for making a sale when they encounter
/
How many customers have walked out of your store empty‐handed,
h h h resistance/hesitationOr just don’t make a connect with th t t b f th
even though there was a way to satisfy them by selling something to the customer not because of the
salesperson but because of the customer’s prejudice
g gthem?
customer s prejudiceShould all this cause you to lose sales?Is there a way to sell to every customer, as a team?
Satisfying Difficult C ™
It’s better to adopt a positive attitude towards difficult customersCustomers™ attitude towards difficult customersYou can still sell them somethingAlthough you wish some of yourDifficult customers are a Although you wish some of your difficult customers had never stepped into your store…they are
fact of life for every retailer…
pp y ybetter than having NO customers at all
They may have a genuine unaddressed
Never mind who’s wrong – A dissatisfied customer is a potential threat to your business
problem
They may just be venting threat to your business.Get your salespeople to handlethese extremely delicate situations
They may just be venting their frustration
these extremely delicate situations and be successful in service‐recovery
They may simply be unreasonable
Product Knowledge Training
Ensures thorough, consistent and professional training on yourTraining professional training on your products.How to translate product featuresProduct knowledge is How to translate product features into benefits and make emotional connections that cause customers
Product knowledge is the key to gaining customer’s trust
to buy.Show salespeople “how and why” th h ld d t k l d
Brings a product to life and help salespeople to they should use product knowledge
to express instead of to impressAvoid the five reasons that keep
and help salespeople to develop an emotional connect with the Avoid the five reasons that keep
new hires and veterans fromeffectively using their product
merchandise
ff y g pknowledge
Cashiering & Customer Service
New Employee Orientation & T i iCustomer Service
TrainingTraining
How to overcome “No thanks, Helps assess customers’I’m just looking”
Handling Difficult Customers
Helps assess customers expectations of service and exceed them. g ff
Loss Prevention
Building Customer LoyaltyHelps create pleasurable customer experience Building Customer Loyaltycustomer experience and build long‐lasting relationships.
Store Operations T i i
Standardize your rules to maintain consistency and order
Trainingconsistency and orderDevelop a system for documenting and easily updating your policies d dDoes your store have a and procedures
End random decision making and spur‐of‐the‐moment policies
Does your store have a well documented procedure manual d ili ll i i i spur of the moment policies
Eliminate the "no one ever told me that" excuse
detailing all activities from store opening to store closing?
Guarantee that all new hires are properly trained and held accountable
g
Does your store policies accountableEnhanced comprehension and ability to perform operational tasks,
and procedures foster smooth store operations? whether CSA level or store
manager
operations?
Store Management Training
Replace ‘Fire‐fighting’ with active ‘Management’Training active Management Develop managers to motivate,train and coach salespeople ontrain and coach salespeople on all aspects of the store.Helps objectively evaluate andHelps objectively evaluate and hold each individual & store accountable for its performanceaccountable for its performanceInstill the discipline necessary to uphold company standardsuphold company standardsProvide managers at every level an action plan to deliver salesan action plan to deliver sales increasesOrganizational
values
Zonal and Regional Management
Imparts effective tools and h i Z l dManagement
Trainingtechniques to your Zonal and Regional managers for:
Are your Zonal andMultiple Store Supervision
Strategic & Tactical Planning
Are your Zonal and Regional managers playing ‘company
li ffi ’Model Store
Time Management
compliance officers’ instead ofmotivating your teams to become a g
Resource allocation ‐manpower Planning
yhigh‐performance sales organization?
Planning
Leadership Skills
Online Learning S l i
Trainees can learn and review l h iSolutions lessons at their own pace at store locations.
For training needs that:Online learning comes with robust & challenging series of
For training needs that:
are real‐time critical
retention and skill development testing situations.
spread over diverse geographies
Role plays, simulations, optional endings and other exciting eliminate down‐time of
t t ffg g
interactions make learning both exciting & oriented to real‐world
store‐staff
genvironment.
Blended learning S l i
Online learning may not be i f ll i iSolutions appropriate for all situations.
We can deliver a blended training Blends online learningprogram seamlessly across online and hands‐on modes.
Blends online learning with conventional training methodologies
Reduces Total Cost of Ownership
Shrinks Time
Uniform delivery across geographiesg g p
Self Track™ Proprietary Training
Self Track™ learning uses “Checksheets” ‐ a structuredProprietary Training Checksheets ‐ a structured system that checks comprehension and ability to apply learnings to Different people learn at y pp y gsituations “Checkouts”. Each checkout requires successful
Different people learn at different paces and have different levels of
h i completion of exercises, essays, role plays, demonstrations or other feedback methods before students
comprehension
Students tend to feedback methods, before students are allowed to move on to the next step.
Students tend to memorize what they need to know to pass a p
An acceptable level of comprehension is in‐built into this
test/evaluation.
system to ensure that learning is sequential and well founded.
Learning is usually not retained beyond the test
Managed Services Just share your store expansion plans with us and let us get youplans with us and let us get you the right people – fully trainedWorking on your specificationsA unique solution for Working on your specifications, we bring our unique Hire, Train and Deploy (HTD)model to
A unique solution for retailers of all formats to source First‐day, First h ™ d i ff and Deploy (HTD) model to
supply you store manpower across India; fully trained in all
hour™ productive staff; fully trained in the highly rewarding TFG systems. ; y
required skills to be First Day, First hour™ productive.
g y
TFG will train them on:Soft skills; etiquette, language etc.Company values; policies & procedures
Managed ServicesCompany values; policies & procedures.Product knowledge; selling & customer service
…Unique to your store brand
An outsourcing model that provides retailers with Store‐ready manpower
q y
Thank you
Yatish Chandrasekhar Abhijeet SinghYatish ChandrasekharVice‐[email protected]+91‐9945546746
Abhijeet SinghBusiness [email protected]+91‐9740031858
IIHT‐ Friedman Group# 54 | 4th Floor | Sri Lakshmi Complex, St. Mark's Road | Bangalore‐560 001 |India+91‐80‐41367755 | f: +91‐80‐41367711