Brandcell Conversations Edition 03

As part of Brandcell knowledge initiatives, the 3rd edition of Brandcell conversations was held on March 10th 2017 around the theme “Decoding the Millennials, uncovering business opportunities”.

 

The employee experience versus the customer experience ― the great divide

In the business world, it’s become commonplace to improve relationships with customers by improving the customer experience. As products and services have become increasingly commoditised, providing the best customer experience has emerged as a key competitive differentiator. Companies vie for customer loyalty through personalized offerings, rewards programs, and one-to-one marketing initiatives—all in the name of increasing brand equity. And that’s as it should be. After all, customer loyalty drives business profitability.

However, in the quest to create exceptional experiences for customers, businesses often overlook a critical business fundamental: if you want happy customers, you have to have happy employees—and that comes from providing your employees with an exceptional experience too. Yet all too often there is a misalignment of one degree or another between the experience companies create for their customers and what their employees experience in their everyday work life. Who sees this misalignment better than anyone else? Employees.

Best Places to Work 2017 - Employee's Choice

1- Bain & Company: “Our colleagues are legitimately smart and always interested in helping you progress your career.”

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2- Facebook: 
“Great benefits, culture, mission. There is a lot to love about working at Facebook. Most employees believe strongly in the mission.”
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Why Lebanese companies need to invest more on Intellectual Capital

I recently read a report about the consulting market in the GCC. Valued at about 2.7 $billion. obviously the lion share goes to KSA with 1.25 $billion, growing 9.4%.

However, what caught my attention is Oman. A country with roughly a population of 4.5Million and a GDP of 70$billions. The Omani economy is mostly trade led with high exports. In 2015, Oman has spent $100 million on consulting services, a 7% growth versus previous year.