Insights into Business by the CEO of Itp
John Bailey
John was born and raised in Canterbury, Sydney. He learnt the
value of work early in life when he began delivering milk when eight.
In addition, he also delivered newspapers when 12.
This he did
whilst attending and receiving his Leaving Certificate at Enmore Boys
High. He then began studying Accounting part-time whilst working with
the Sydney Tax Office. He finally gave up all jobs when 19 and was sent
on a Mission to the Eastern States Mission in New York City, for the
Church of Jesus Christ of Latter-day Saints or “Mormons”. He was the
only missionary to serve the entire 12 months over an 18-month period
as a guide in the Mormon Pavilion during the New York World’s Fair. He
grew up with Lesley in the same ward and they were married in 1968, two
years after he returned home. With one child in 1971, he left the Tax
Office after some 9 years and began ITP “The Income Tax Professionals”,
at the age of 27. They moved a short time later to their new home in
Baulkham Hills.
After 7 long hard years of living on negative
income, principally living on Lesley’s Ballet teaching money, the
business began to return some income instead of placing profits into
constantly opening new offices. Through Franchising, now ITP has over
250 offices throughout every major city and country town, preparing
over 300,000 taxation returns. Besides being the Franchisor, John’s
company owns and operates some 20% of all offices, the remainder being
franchised.
John completed his Accounting Degree and then later,
completed his Masters of Business Administration Degree at Macquarie
University. He is a Fellow of the Taxation & Management Accountants
organisation. He is a JP.
John has always been active in the
community, serving in Rotary, a major political party and from the
fledgling days of the Hills Grammar School in 1982. His time with the
school was interrupted when he was called by the LDS Church to be a
Mission President over the same Mission in which he once served. He and
Lesley lived in New York City with their four remaining children, from
1994 to 1997, leaving their two married children living at their Dural
home. John presided over all the buildings, facilities, public affairs,
missionaries and church members there. He enjoyed meeting so many he
knew before, whether in Brooklyn, Queens, Staten Island or Long Island.
They also enjoyed having the island of Bermuda in their mission.
John has since been called as the Sydney Australia Temple President at Carlingford for a 3 year term from Nov 2008 until 2011.
They
now live in their home in Dural, enjoying the five acres they have
lived in these past 26 years. Their six children have all attended the
Hills Grammar School. 4 of their 6 children are married with 10.5
grandchildren. 5 of the families live within 25 minutes of their Dural
home.
"Magnetic Customer Xperiences"
Iven Frangi
Customer Xperience Management is the active orchestration of the
people, technology and the processes in a business - from end to end.
Customer Xperience takes into account that “the tangible aspects of a
product or service have far less influence on consumer preference than
the subconscious sensory and emotional elements derived from the total
experience” (Lewis P Carbone ‘Clued In’.) I’ve paraphrased that to
“Give people an experience they can’t get anywhere else and they won’t
go anywhere else”
“Today, the number of companies that understand how to stage impressive
customer xperiences are few. Tomorrow, those that don’t get it right
will struggle.” (ATG Report)
The strategic shift of Customer Xperience is to move the focus from the
internal business processes and the way customers are managed to
“taking the customers’ perspective; better understanding how they
interact with the business at every touch point; and using that
understanding of the customers full context to improve the value of
every customer interaction, whether it’s an outbound marketing, a
transaction or a request for service or support.”(ATG Report). And it
goes further than that. At CXM we add that improving the customers
experience has a purpose. That purpose is to meet the business goals.
Why bother?
The simple answer is that it’s good business. When your
customers have a magnetic customer xperience you have an opportunity
for the following:
1. Maximising the wallet share for what you sell.
2. Increase the number of your products per customer.
3. Increase the acquisition of new customers.
4. Minimising customer churn.
5. Increasing the number of customers who are advocates for your business.
6. The more customers who are advocates the lower your marketing costs.
The smart answer is that it’s the way you and I like to be treated. We
want to feel good about the way we are looked after and the xperiences
we have with those with whom we do business. That’s why we coined the
phrase Magnetic Customer Xperiences. Magnetic Xperiences attract
customers to a business. They create people who brag about doing
business where they do. They create situations where customers bring
others back to repeat the Xperiences with them.
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