Episode 13

Sam M. Walton College of Business Students on Taking Business Beyond the Transaction.

It's A Customer's World Podcast

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Andy asks the students to share how their thinking had been unexpectedly changed over the course of this season. They share about the “compass” for direction, how COVID helped to focus on the essentials, the psychology behind marketing, and the focus on employee experience. The students share that they were surprised at how difficult it proves to be to incorporate the customer centricity model and the challenges for businesses to actually measure their success with it.

Hear about how many leaders use storytelling as an effective means to communicate ideas and thoughts. Listen to the stories that caught the student’s attention—from the Ritz Carlton Hotel experience, to Paco’s “boots on the ground” with Furniture Gallery in Houston.

Andy wraps up this final episode by asking for insights as a student, or “customer”, of a university. The students cannot say enough about Professor Molly Rapert’s course. Jacob shares about the advising office, scheduling appointments, and the issue of eliminating friction. Learn about marrying technology and the in-person interaction. Matt touches on the wisdom from Jeff (previous episode) about mentors and how he wishes he had created his “personal board of directors” much sooner! Final comments and insights reveal the wisdom discussed in prior episodes about the importance of customers “coming back” and the “dissatisfiers” that limit frequency of customer visits. 

Key Takeaways

 

0:42 Introduction of this final episode 

1:30 Andy introduces the student panel

4:44 Students share their ideas and standouts from listening to this series

9:35 Surprises that changed their ways of thinking unexpectedly

17:20 Storytelling to communicate ideas or thoughts

21:30 Insights as a student, or “customer”, of a university

28:18 Final comments, insights, and questions

Meet Your Host: Andy Murray

 

Andy is a highly effective senior leader with a passion for growth, creating cultures that unleash talent, and building capabilities through collaboration across functions. He has held leadership roles across retail (Walmart), CPG (P&G), start-ups (Mercury 11, Saatchi X) and global organizations (Asda U.K.). A creative problem solver, innovator, and marketer, he is known for building high-performing teams and delivering results.

Andy is a lifetime Honorary Board member of the University of Arkansas's Center for Retail Excellence where he helped developed the Center's presence and Innovation conferences. He is also an Early Board Member for the Soderquist Center for Leadership and Ethics college. Andy was inducted into the Shopper Marketing Hall of Fame in 2013 for his pioneering work in developing best practices and industry leadership in the emerging field of Shopper Marketing. He currently serves as Chairman of Asda Foundation.