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PEAK!
How Great Companies Get Their
     Mojo From Maslow!

          Chip Conley Webinar!
              2011/03/15!
Your host!        Our guest!




 Daniel Debow!        Chip Conley!
co-CEO, Rypple!   Founder, Joie de Vivre!

  rypple.com!         jdvhotels.com!
PEAK
How Great Companies Get Their Mojo from Maslow



             Chip Conley
          Founder & Executive Chairman
                  Joie de Vivre
Life, and business,
     is all about
   where you pay
   your attention.
Just as people experience varying levels of fulfillment…
…so do companies.
CALLING




CAREER




 JOB
My calling in life?




Create Joie de Vivre!
You are…




           where you sleep.
Boutique hotels are mirrors for the aspirations of their
  customers and create an “Identity Refreshment”




         Psychographics vs. Demographics
We grew into one of the three most prominent boutique          hoteliers
                                                           !
            in the U.S. with 20 properties by the year 2000.
“Service Profit Chain”



                         Developing
                      Strong Customer
                           Loyalty

                            3         Maintaining a
    Building an                        Profitable &
 Enthusiastic Staff                Sustainable Business
       2                                    4


                  Creating a Unique
                  Corporate Culture

                             1




Joie de Vivre Heart : Karmic Capitalism
By early 2001, JDV was flying high.
Joie de Vivre = Self Actualization



                                   Where “peak
                 SELF              experiences”
            ACTUALIZATION          occur!


               ESTEEM



          SOCIAL / BELONGING



               SAFETY



            PHYSIOLOGICAL


MASLOW’S HIERARCHY OF NEEDS PYRAMID
If humans aspire to self-actualization, why can’t companies
      — which are really just a collection of people —
                 aspire to this peak, too?




          WHAT DOES A SELF-ACTUALIZED
              COMPANY LOOK LIKE?
IDENTITY               SELF
          REFRESHMENT          ACTUALIZATION



         FEELING LIKE A VIP          ESTEEM




     RESPONSIVE STAFF SERVICE             SOCIAL/BELONGING




       A QUIET AND SAFE ROOM                    SAFETY




    A COMFORTABLE AND CLEAN BED                    PHYSICAL



HOTEL HIERARCHY OF NEEDS PYRAMID
TRANSFORM
    (Self-Actualization)



        SUCCEED
(Social /Belonging & Esteem)



         SURVIVE
  (Physiological & Safety)


TRANSFORMATION PYRAMID
CREATES:



         MEANING         INSPIRATION

         (Transform)



       RECOGNITION                LOYALTY

          (Succeed)


                                              BASE
          MONEY                             MOTIVATION

          (Survival)


EMPLOYEE RELATIONSHIP TRUTH
CREATES:



               CALLING     MEANING         INSPIRATION

                           (Transform)



      CAREER             RECOGNITION                LOYALTY

                           (Succeed)


                                                                BASE
JOB                         MONEY                             MOTIVATION

                            (Survival)


                  EMPLOYEE RELATIONSHIP TRUTH
CREATES:


           MEETS          EVANGELISM
       UNRECOGNIZED
           NEEDS
         (Transform)


       MEETS DESIRES              COMMITMENT

          (Succeed)




    MEETS EXPECTATIONS                  SATISFACTION
          (Survival)



CUSTOMER RELATIONSHIP TRUTH
CREATES:


         LEGACY            PRIDE OF OWNERSHIP

        (Transform)




  RELATIONSHIP ALIGNMENT          CONFIDENCE

         (Succeed)




  TRANSACTION ALIGNMENT                   TRUST

         (Survival)


INVESTOR RELATIONSHIP TRUTH
CUSTOMER TRUTH

                                                        CREATES:
        Peak Experiences                                                        Relationship
        Create                             Meets                                   Truths
        Peak Performance                Unrecognized      Evangelism              Pyramid
                                           Needs


                                           Meets
                                                                Commitment
                                           Desires


                                            Meets                        Satisfaction
                                         Expectations


             CREATES:                                                           CREATES:

                                                                                   Pride of Ownership
        Inspiration                                                    Legacy
                         Meaning

                                                                   Relationship
                                                                                          Confidence
    Loyalty             Recognition                                 Alignment


  Base                                                             Transaction
                          Money                                                                  Trust
Motivation
                                                                    Alignment

                      EMPLOYEE TRUTH                            INVESTOR TRUTH
CUSTOMER TRUTH

                                                                        CREATES:
        Peak Experiences                                                                          Relationship
        Create                                        Meets
                                                                           Evangelism
                                                                                                     Truths
        Peak Performance                           Unrecognized                                     Pyramid
                                                      Needs


                                                        Meets                        Commitment
                                                        Desires


                                                       Meets                                Satisfaction
                                                    Expectations


             CREATES:                                                                              CREATES:
                                                         Developing
                                                      Strong Customer
         Inspiration                                       Loyalty                                     Pride of Ownership
                                                                     Maintaining a
                                                             3
                                           Building an                Profitable &       Legacy
                         Meaning        Enthusiastic Staff            Sustainable
                                              2                        Business
                                                                           4
                                                                                        Relationship
     Loyalty                                        Creating a Unique                                         Confidence
                        Recognition                                                      Alignment
                                                    Corporate Culture
                                                            1
  Base
Motivation                Money                                                         Transaction                  Trust
                                                                                         Alignment

                       EMPLOYEE TRUTH                                                INVESTOR TRUTH
OTHER PEAK PERFORMING ORGANIZATIONS
       Consciously using Maslow…
“Creating Peak
  Experiences Creates
  Peak Performance.”

Conventional wisdom is wrong:
  (1) money isn’t the primary
 motivator for employees; (2)
  customers don’t stay loyal
when purely “satisfied”; and (3)
  many investors have needs
beyond ROI. Loyalty is created
 at the peak of each pyramid.!
Seek
       the
      Peak !



www.chipconley.com!




www.jdvhotels.com!
Join the
              PEAK
            Community

www.peakorganizations.com
Want an easy way to use Chip’s best
  practices in your workplace?
        Try Rypple today!

     Contact us to learn how:
       events@rypple.com
!"#$%&'"()*+,&)-,%#.+"#)
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How Great Companies Get Their Mojo from Maslow

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  • 2. PEAK! How Great Companies Get Their Mojo From Maslow! Chip Conley Webinar! 2011/03/15!
  • 3. Your host! Our guest! Daniel Debow! Chip Conley! co-CEO, Rypple! Founder, Joie de Vivre! rypple.com! jdvhotels.com!
  • 4. PEAK How Great Companies Get Their Mojo from Maslow Chip Conley Founder & Executive Chairman Joie de Vivre
  • 5. Life, and business, is all about where you pay your attention.
  • 6. Just as people experience varying levels of fulfillment…
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  • 11. My calling in life? Create Joie de Vivre!
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  • 13. You are… where you sleep.
  • 14. Boutique hotels are mirrors for the aspirations of their customers and create an “Identity Refreshment” Psychographics vs. Demographics
  • 15. We grew into one of the three most prominent boutique hoteliers ! in the U.S. with 20 properties by the year 2000.
  • 16. “Service Profit Chain” Developing Strong Customer Loyalty 3 Maintaining a Building an Profitable & Enthusiastic Staff Sustainable Business 2 4 Creating a Unique Corporate Culture 1 Joie de Vivre Heart : Karmic Capitalism
  • 17. By early 2001, JDV was flying high.
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  • 21. Joie de Vivre = Self Actualization Where “peak SELF experiences” ACTUALIZATION occur! ESTEEM SOCIAL / BELONGING SAFETY PHYSIOLOGICAL MASLOW’S HIERARCHY OF NEEDS PYRAMID
  • 22. If humans aspire to self-actualization, why can’t companies — which are really just a collection of people — aspire to this peak, too? WHAT DOES A SELF-ACTUALIZED COMPANY LOOK LIKE?
  • 23. IDENTITY SELF REFRESHMENT ACTUALIZATION FEELING LIKE A VIP ESTEEM RESPONSIVE STAFF SERVICE SOCIAL/BELONGING A QUIET AND SAFE ROOM SAFETY A COMFORTABLE AND CLEAN BED PHYSICAL HOTEL HIERARCHY OF NEEDS PYRAMID
  • 24. TRANSFORM (Self-Actualization) SUCCEED (Social /Belonging & Esteem) SURVIVE (Physiological & Safety) TRANSFORMATION PYRAMID
  • 25. CREATES: MEANING INSPIRATION (Transform) RECOGNITION LOYALTY (Succeed) BASE MONEY MOTIVATION (Survival) EMPLOYEE RELATIONSHIP TRUTH
  • 26. CREATES: CALLING MEANING INSPIRATION (Transform) CAREER RECOGNITION LOYALTY (Succeed) BASE JOB MONEY MOTIVATION (Survival) EMPLOYEE RELATIONSHIP TRUTH
  • 27. CREATES: MEETS EVANGELISM UNRECOGNIZED NEEDS (Transform) MEETS DESIRES COMMITMENT (Succeed) MEETS EXPECTATIONS SATISFACTION (Survival) CUSTOMER RELATIONSHIP TRUTH
  • 28. CREATES: LEGACY PRIDE OF OWNERSHIP (Transform) RELATIONSHIP ALIGNMENT CONFIDENCE (Succeed) TRANSACTION ALIGNMENT TRUST (Survival) INVESTOR RELATIONSHIP TRUTH
  • 29. CUSTOMER TRUTH CREATES: Peak Experiences Relationship Create Meets Truths Peak Performance Unrecognized Evangelism Pyramid Needs Meets Commitment Desires Meets Satisfaction Expectations CREATES: CREATES: Pride of Ownership Inspiration Legacy Meaning Relationship Confidence Loyalty Recognition Alignment Base Transaction Money Trust Motivation Alignment EMPLOYEE TRUTH INVESTOR TRUTH
  • 30. CUSTOMER TRUTH CREATES: Peak Experiences Relationship Create Meets Evangelism Truths Peak Performance Unrecognized Pyramid Needs Meets Commitment Desires Meets Satisfaction Expectations CREATES: CREATES: Developing Strong Customer Inspiration Loyalty Pride of Ownership Maintaining a 3 Building an Profitable & Legacy Meaning Enthusiastic Staff Sustainable 2 Business 4 Relationship Loyalty Creating a Unique Confidence Recognition Alignment Corporate Culture 1 Base Motivation Money Transaction Trust Alignment EMPLOYEE TRUTH INVESTOR TRUTH
  • 31. OTHER PEAK PERFORMING ORGANIZATIONS Consciously using Maslow…
  • 32. “Creating Peak Experiences Creates Peak Performance.” Conventional wisdom is wrong: (1) money isn’t the primary motivator for employees; (2) customers don’t stay loyal when purely “satisfied”; and (3) many investors have needs beyond ROI. Loyalty is created at the peak of each pyramid.!
  • 33. Seek the Peak ! www.chipconley.com! www.jdvhotels.com!
  • 34. Join the PEAK Community www.peakorganizations.com
  • 35. Want an easy way to use Chip’s best practices in your workplace? Try Rypple today! Contact us to learn how: events@rypple.com