worldwide update€¦ · 10/20/2016  · membership survey 2016 . objectives of the survey • to...

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Worldwide update

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Page 1: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Worldwide update

Page 2: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

After 2 years of change, we are building on our strengths.

Page 3: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

A quick reminder – the main changes

•  Hybrid structure - launch of the network

•  Focus on member quality – Technical and customer service – Audit independence checking

•  New and stronger brands

•  Better communication with and among members

Page 4: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Our strengths

Seven decades working together

Quality culture

Member engagement

Brand commitment

Page 5: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

The importance of our history

Page 6: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Nearly a third of our members have been with us for over 20 years

Halfofthoseforover30years

Page 7: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

So, why is that important?

Page 8: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Longtermrela4onships

FriendshipProfessionalexperiencetogether

Reputa4oninthemarket

Trust

MoreandbeBerbusiness

Page 9: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Quality culture

Page 10: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Qualityculture

Annual QA Self-assessment

Audit independence

checking

QA online training & documentation

Improved member selection

Member discipline

On site reviews

Page 11: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Brand commitment

Page 12: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

The visual brand more modern, more consistent, more powerful

Page 13: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Brand value values associated with the brand

personal: entrepreneurial: global:

Page 14: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

OurStrategy

Page 15: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Our strategic goals

•  Network quality assurance

•  Member recruitment

•  Adding value for our members

•  More member engagement

Page 16: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

The heart of our strategy

Webinars

Joint marketing

Communicate with center

Communicate with Areas

Commit to quality

Engaging members

Page 17: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Our strategy depends on your engagement

MGI support

Member action

Page 18: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

What is member engagement?

andwhydoesitmaBer?

Page 19: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Engaged firms Go to meetings Get involved in the organization Contribute news and expertise Create or join practice groups Go to meet other members Find new members

Page 20: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Engaged firms Have stronger reputations worldwide Are seen to be experts Are more visible in MGI marketing Get more value from MGI Do more international business Add value to MGI and all other members

Page 21: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Action in the Areas

Page 22: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Area actions - AFRICA

New membership drive

Page 23: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Area actions - ASIA

New members

Page 24: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Area actions - AUSTRALASIA

New survey New websites

Page 25: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Area actions - EUROPE

Interactive Area meetings One day talent meeting

Page 26: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Area actions – LATIN AMERICA

Our AGM host

Active quality commitment

Page 27: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Area actions - MENA

New Area Coordinator New members

Page 28: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Area actions – NORTH AMERICA

Recruitment challenges. Managing Partner meeting in January.

Page 29: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Area actions – UK & Ireland

New practice groups - Forensic Accounting - M&A

Page 30: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Member needs. Where did our strategy come from?

Page 31: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Membership survey 2012 2012 Strategy Hybrid structure

2014

Developing our strategy

QA system implemented

2015

Membership survey 2016

Page 32: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Objectives of the survey

•  To understand members’ needs.

•  To enhance the benefits of membership

Page 33: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Satisfaction with membership

Satisfied Very Satisfied

Dissatisfied or very dissatisfied

64%

29%

7%

Worldwide

Page 34: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Members’ top 6 needs

57

44

42

35

33

24

Max possible = 100 if all members put in 1st place

Page 35: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

How well do we meet the top 6 needs?

-100 Never, at all

+100 Always, perfectly

0

53

4

28

35

51

Page 36: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

The future

Page 37: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

increase visual consistency strengthen associated values

The future: Strengthening the brand

Page 38: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Greater visual consistency

•  Corporate Identity Manuals

•  MGI prefixed firms must use the correct new logo design

•  All firms –  At least one web page about MGI Worldwide –  A member of…logo on the home page at least

Page 39: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

personal: entrepreneurial: global:

Strengthen associated values

Page 40: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

The future: Increasing business exchange

•  Member-led practice groups identify opportunities

•  Mergers and acquisitions forum •  Increased member engagement •  Member service and industry search

Page 41: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

The future: Sharing expertise

•  Practice groups •  Member webinars •  White papers •  Meetings more active and less passive •  More member engagement •  Member service and industry search •  Promotion of expertise on website

Page 42: Worldwide update€¦ · 10/20/2016  · Membership survey 2016 . Objectives of the survey • To understand members’ needs. • To enhance the benefits of membership . Satisfaction

Thank you

Any questions?