Transcom’s Post

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The most important thing to know in a business is what your customers think about it, Ours said it very well...🏆👏🙏 But the true story behind it is the ecosystem we have with our employees and partners, They are all valuable to us

⭐️ Recognition is always more important than Reward, because Pride matters more than Money. This is a simple philosophy that I have learnt over the years. Rewards are important but their value to the employee rapidly diminishes. It acts as a booster steroid but builds no lasting value for the firm, division, or the employee. But if you understand that recognition is everything, your philosophy fundamentally changes. You put the employee in the center of all your activities and suddenly your event takes on a new hue. We have the Medallion event celebrating 6-month performance. We envision this as a mid-year boost to get a peak in an industry that normally peaks in Jan Feb March. It is designed as an event where you earn not only the awards, but privilege of attending is also earned through smaller achievements. Here, we have a blast, and we ensure that we waste no money on celebrities but have the entire head office dancing for the sales teams. We practice for 3 months to perfect our acts and treat our sales front line like royalty and give them an experience that they will remember for life. If that means having me jumping onstage, dancing to welcome winners, rapping for them (another post someday), and spending quality time with them – then so be it. It's easy for a sales leader to have serious ego, especially in large sales team formats.It creates a sense of privilege. For me, this event is a perfect reset and reminder that they are not from me, but I am from them. They create the wealth that I enjoy and that I am dependent on them more than they are on me. Practicing for hours, planning the event to the T, designing the medals, and having a great time – it all makes it worth it when they go back home and share their joy with the family. And when the pride stays with them, they have an tangible effect on their attitude and performance. And this is what makes the world go around! And I repeat - Recognition is always more important than Reward because Pride matters more than Money.

“People work for money, but they give their best effort for recognition.” Recognition is one of the most important aspects of business, and it’s important for your employees to feel recognized for their hard work. It’s Important to make sure that your employees are well recognised for their hard work and achievements. This can be done in a variety of ways including: 📍Creating a special award for the employee of the month. 📍 Giving them a gift certificate or voucher as a reward for their excellence. 📍 Making sure they get an email or text message after they achieve a milestone or achieve something on behalf of the company. How important is recognition and appreciation for you?

🌟The Power of Recognition - Boosting Morale & Motivation🌟 Recognition in the beauty industry isn't just about winning awards; it's about acknowledging the hard work, dedication, and passion that you and your team pour into your salon every day. One way recognition can make a significant difference is by boosting morale and motivation. When your efforts are recognised, they instil a sense of pride and motivation. It’s a reminder that the hard work is paying off and that others see and appreciate your dedication. This acknowledgement can be incredibly motivating, pushing you to continue striving for excellence. It can also foster a positive work environment, as the appreciation shown can boost morale and strengthen the team's spirit, making everyone feel more connected and driven to succeed.🩷

Entering the awards isn't just about seeking recognition; it's about pushing yourself and your business to new heights. It's about stepping out of my comfort zone and challenging yourself to excel in ways you never thought possible. The process of preparing for the awards forces you to critically evaluate every aspect of your business and identifies the achievements with celebrating and areas for improvement. When you are entering – you already winning.

GreenSquareAccord has announced receiving 254 nominations for their Gold Star Awards, describing this as an impressive 42% increase over last year’s entries. However, this claim seems somewhat underwhelming, especially considering their workforce size and the upcoming expenditure for the awards ceremony. To put this in perspective, with an employee base ranging between 1,000 and 5,000, the 254 nominations represent only about 5.08% to 25.4% of their total staff. Last year’s nominations, calculated to be around 179, indicate a low participation rate. Moreover, it is important to note that these nominations are solely from staff members, with no input from customers or residents. This exclusion is disheartening, particularly considering the crucial role that customers and residents play in the organisation’s operations. Their feedback and recognition would provide a more comprehensive and authentic measure of performance and service quality. When considering the costs associated with organising and hosting an awards ceremony, including logistics, venue, awards, and lost productivity, one must question the efficiency and impact of this exercise. The expenditure seems extravagant and not necessarily reflective of broad recognition across the organisation. Given these figures and the lack of customer/resident involvement, it's crucial to consider whether the awards genuinely enhance morale and recognition or if they simply serve as a costly tradition with limited reach. In light of these numbers, the resources allocated to the Gold Star Awards might be better invested in more impactful employee and customer engagement initiatives, or better yet spent making the homes of their residents safe, warm and dry.

Hard Truth As we kick off this week, I want you know this, you no longer need to overplay your role. You don’t need to perform to prove your worth. It is not your responsibility to prove or try to secure yourself into someone else’s world. Who has the best idea Who was most creative Who was the most dedicated…. Stop ✋🏽 One of my favorite employers acknowledged associates based on facts. Each quarter, nationwide, the numbers rolled out. Favorable Occupancy, GPR, NOI, NRI and the best of the best made their debut. If you were standing on business that award was sent via fedex to you each time. I have three 💃🏾💃🏾💃🏾 Don’t get caught up in the hype of the performance. Strive for excellence that benefits the assets you oversee. Stay focused on the original assignment. And that’s being true to your authentic self. Carry On.

What a business! 🌆 The rise of Apple, born in a garage 🍔 McDonald's transformation from a single burger stand 🚗 Ford's assembly line innovation reshaping industries. Or, as per Dave Holloway, the rise of Brighton in the Premier league. These tales remind us that every empire begins with a small start somewhere. Some amazing ideas born, and an epic growth story from the rocket ship that is ISMS.online - 💡 #BusinessLegends #InnovationJourney #InspiringSuccess

I recently moved offices and faced a decision: Should my FedEx President's Club award stay or go? When I took over, my territory was the worst-performing in the district, arguably one of the worst in the region. 😰 The truth is, this award isn't just about me. It is a tribute to an operations and customer support team that never quit and mentors who gave real-world advice when it mattered most. 🌟 So, the award stays. It's my daily reminder that with hard work, teamwork, perseverance, faith, and a little luck, even the toughest challenges can be overcome. To those struggling in sales: don't give up. Your breakthrough is closer than you think. You've got this! 🏆 #NeverGiveUp #Perserverance #TeamWork #Sales #WillSeel