Expertise Events
advertisement
Expertise Events
advertisement
Expertise Events
advertisement
Goto your account
Search Stories by: 
and/or
 

Management, Business












A business that meets the fundamental human needs is more likely to thrive and create lasting value for all stakeholders.
A business that meets the fundamental human needs is more likely to thrive and create lasting value for all stakeholders.

Understanding the six basic human needs

We’re not so different, you and I. DAVID BROWN outlines the fundamental desires of customers and employees.

I’ve long been a fan of the work of Tony Robbins and the impact psychology can have on success in all aspects of life.

As a business leader, comprehending the six basic human needs that Robbins identifies can profoundly impact your dealings with customers and staff.

When you begin to understand these needs, you start to discover what people require to be satisfied, and you can tap into these factors to help you and them achieve the required outcomes. Addressing these needs creates an environment that fosters loyalty, motivation, and satisfaction from staff and customers, ultimately driving your business towards success.

Let’s explore these needs and how they relate to your business practices.

Certainty & Control

Customers and employees crave certainty and control in their interactions with your business.

This means knowing what to expect when customers engage with your products or services. Consistency in quality, customer service, and delivery times builds trust and reliability.

McDonald's has built a business empire on nothing more than the certainty it can provide customers anywhere in the world. Clear guidelines, stable work environments, and predictable career paths satisfy employees’ need for certainty.

Implementing structured routines and reliable processes ensures that customers and staff feel secure and confident in their dealings with your business.

Variety & Excitement

While certainty is crucial, people also need variety and excitement to stay engaged. As a business, you should strive to introduce new products, services, or experiences that surprise and delight your customers.

This could be seasonal offerings, limited-time promotions, or innovative features. For your staff, variety can come from opportunities for skill development, job rotations, or creative projects.

By injecting an element of novelty and excitement into your business, you keep customers and employees enthusiastic.

Significance & Uniqueness
"Implementing structured routines and reliable processes ensures that customers and staff feel secure and confident in their dealings with your business."

Everyone wants to feel significant and valued. For your customers, this means acknowledging their individuality and catering to their specific needs.

Personalising customer experiences, recognising loyal customers, and offering tailored solutions make them feel unique.

This is why bespoke jewellery will always have its appeal. For employees, significance can be cultivated by recognising their contributions, offering competitive compensation, and providing professional growth and advancement opportunities. When people feel valued, their commitment and loyalty to your business deepen.

Belonging

Creating a sense of belonging is essential in building a loyal customer base and a cohesive workforce.

For customers, fostering a community around your brand, whether through social media, loyalty programs, or customer events, can make them feel part of something bigger.

Apple has become the world’s most valuable brand by doing this. Find an Apple product user, and you’ll typically find a zealot who won’t entertain using anything else!

Encouraging customer feedback and interaction strengthens their connection to your brand. For employees, fostering a supportive workplace culture where everyone feels respected and valued cultivates a sense of belonging.

Team-building activities, open communication, and recognising employee contributions can enhance this feeling of community.

Growth

Individuals have an inherent desire to grow and develop. For your employees, providing opportunities for professional development, such as training programs, mentorship, and career advancement paths, satisfies their need for growth.

When employees see a path for advancement and development, they are more likely to stay motivated to continue working in your business long-term.

Contribution

Finally, the need to contribute to something greater than oneself is a powerful motivator.

Creating opportunities for customers to make a positive impact through their purchases or participation enhances their connection to your brand.

Encouraging teamwork, collaboration, and involvement in community service projects can foster a culture of contribution for employees. When staff feel their work contributes to a larger purpose, their sense of fulfilment and engagement increases.

Good luck

Understanding and addressing these six basic human needs in your business dealings can create a more fulfilling and motivating environment for your customers and employees.

Integrating these principles into your business strategy and overcoming the contradictions they may create with each other enhances satisfaction and loyalty and drives sustainable success.

Ultimately, a business that meets these fundamental human needs is more likely to thrive and create lasting value for all stakeholders.

 

READ EMAG











ABOUT THE AUTHOR
David Brown

Contributor • Retail Edge Consultants


David Brown is co-founder and business mentor with Retail Edge Consultants. Learn more: retailedgeconsultants.com

SAMS Group Australia
advertisement





Read current issue

login to my account
Username: Password:
Ellendale Diamonds Australia
advertisement
Jeweller Magazine
advertisement
Rapid Casting
advertisement
© 2024 Befindan Media