+ All Categories
Home > Business > Operations Support Initiatives that Drive Franchisee Engagement & Results

Operations Support Initiatives that Drive Franchisee Engagement & Results

Date post: 27-Nov-2014
Category:
Upload: franconnect
View: 116 times
Download: 0 times
Share this document with a friend
Description:
Did you know engaged franchisees are 3.7 times more profitable then non-engaged franchisees? Or that there is a 127% swing in Net Promoter Score from engaged to the non-engaged group? Learn more through these slides from the presentation, Operations Support Initiatives that Drive Franchisee Engagement & Results, by Keith Gerson, CFE and President of FranConnect, Inc.
32
Transcript
Page 1: Operations Support Initiatives that Drive Franchisee Engagement & Results
Page 2: Operations Support Initiatives that Drive Franchisee Engagement & Results

PATHWAYS to PROFIT

Page 3: Operations Support Initiatives that Drive Franchisee Engagement & Results

-Garrison Keillor

Page 4: Operations Support Initiatives that Drive Franchisee Engagement & Results

Drive Franchisee Performance

Drive Franchisee Satisfaction

Ensure Franchisee Compliance

Create Engagement & Alignment

Page 5: Operations Support Initiatives that Drive Franchisee Engagement & Results

What is your ratio of field consultants to franchisees?

6%

23%

71%

1:100

1:50

1:30

Page 6: Operations Support Initiatives that Drive Franchisee Engagement & Results

On average, how often do you conduct onsite visits at the local level?

23%

32%

39%

6%

Monthly

Quarterly

Yearly

None

Page 7: Operations Support Initiatives that Drive Franchisee Engagement & Results

On average, how frequently do your ops consultants speak with their assigned Franchisees?

50%

46%

4%

Weekly.bi-weekly

Monthly

Daily

Page 8: Operations Support Initiatives that Drive Franchisee Engagement & Results

DRIVING GROWTH in CHALLENGING TIMES

So How’s That Working For You?

Page 9: Operations Support Initiatives that Drive Franchisee Engagement & Results

Is this communications & visit frequency enough to positively impact franchisee performance?

41%

59%

No

Yes

Page 10: Operations Support Initiatives that Drive Franchisee Engagement & Results

14%

41%

38%

7%

Worse

Equal to

Better

Much Better

How do you rate your franchisees ability to execute as compared to your competitors?

Page 11: Operations Support Initiatives that Drive Franchisee Engagement & Results

What is currently your biggest challenge in helping your franchisees improve their performance?

20%

60%

20%

0%

0%

Other

All of the above

Lack of business and/or marketing plans

Ineffective system for follow up on audit findings

We don't get to spend enough time with ourfranchisees

Page 12: Operations Support Initiatives that Drive Franchisee Engagement & Results

What Are Your Operations Consultants Bringing to the Party?

Page 13: Operations Support Initiatives that Drive Franchisee Engagement & Results
Page 14: Operations Support Initiatives that Drive Franchisee Engagement & Results

CEO Strategic Planning, Engagement & Execution

Page 15: Operations Support Initiatives that Drive Franchisee Engagement & Results

In short…

Page 16: Operations Support Initiatives that Drive Franchisee Engagement & Results

Drive Franchisee Performance

Drive Franchisee Satisfaction

Ensure Franchisee Compliance

Create Engagment & Alignment

Page 17: Operations Support Initiatives that Drive Franchisee Engagement & Results

Do You Have a Formal Training Program for Your Operations Consultants & Field Staff?

Page 18: Operations Support Initiatives that Drive Franchisee Engagement & Results

How much training do your Operations Consultants get in behavioral management & coaching for

improving performance?

Page 19: Operations Support Initiatives that Drive Franchisee Engagement & Results

Key Drivers for Operational Success

“Coach the Coaches”

Page 20: Operations Support Initiatives that Drive Franchisee Engagement & Results

COACHING ANALYSIS "What is Influencing unsatisfactory Performance?"

Page 21: Operations Support Initiatives that Drive Franchisee Engagement & Results

"Steps of the Coaching Technique"

Step 1 Get his or her agreement that a problem exists.

Step 2 Mutually discuss alternative solutions.

Step 3 Mutually agree on action to be taken to solve problem.

Step 4 Follow up to measure results.

Step 5 Reinforce any achievement when it occurs.

Page 22: Operations Support Initiatives that Drive Franchisee Engagement & Results

Key Drivers for Operational Success

A Tiered Support System

Coach the Coaches

Page 23: Operations Support Initiatives that Drive Franchisee Engagement & Results

DRIVING GROWTH in CHALLENGING TIMES

Page 24: Operations Support Initiatives that Drive Franchisee Engagement & Results

Key Drivers for Operational Success

A Tiered Support System

Onboarding: “Days to First Dollar”

Coach the Coaches

Page 25: Operations Support Initiatives that Drive Franchisee Engagement & Results

Key Drivers for Operational Success

Weight Franchisee Training For Customer Creation & Retention

New Hierarchy for Effective Communications

Close the Loop on Open Tasks & Performance Gaps

Page 26: Operations Support Initiatives that Drive Franchisee Engagement & Results

Set Goals

Manage to Goals

Measure Close

the Loop

Page 27: Operations Support Initiatives that Drive Franchisee Engagement & Results

Track Open Tasks, Overdue Visits & Outcomes

Page 28: Operations Support Initiatives that Drive Franchisee Engagement & Results

Case Study: Aurelio's Restaurants 4th Qtr. QCA Results

• ↑

• ↑

• ↑

• ↑

• ↑

Page 29: Operations Support Initiatives that Drive Franchisee Engagement & Results

Systems for Improving Communication/Focus

Page 30: Operations Support Initiatives that Drive Franchisee Engagement & Results

Key Drivers For Operational Success

Track Local Market Spending & ROI by Franchisee (67% don’t)

Validation & “Referability” (f-NPS) (SAT)

Page 31: Operations Support Initiatives that Drive Franchisee Engagement & Results

Page 32: Operations Support Initiatives that Drive Franchisee Engagement & Results

Recommended