Author: Dan Mulhern [readingforleading@danmulhern.com]
I could write a month’s worth of RFLs on my
experience on Wednesday. Let me begin by
highlighting one point: the incredible
commitment to enriching Quicken’s people. On
the Fortune
list of “100 Best Companies to Work
For,” Quicken leads the pack of 100 in two
separate categories: fastest employment growth
and number of hours of training.* Quicken
employees average 250 hours of training per
year. Perhaps it’s why they have 94% customer
satisfaction on the mortgages they close, in an
industry where barely 10% of consumers would
recommend their mortgage banker. I wonder why
it is so hard for us to get this model: Enrich
the employees who enrich the customers . . . who
come back.
Commitment to the people starts at the top. Dan
Gilbert spends a full day every month doing
these employee orientations. Not once a year,
not a video, but live 9-5, at the front of the
room. He emphasized over and over that
employees should take control of their
environment. If a process doesn’t make sense,
get it changed. If a light’s out, change it.
If a customer calls, return the call, every
call, within 24 hours. Don’t return a call, and
you will hear from Dan or CEO Bill Emerson, who
make calls every night to mortgage bankers who
haven’t returned their calls to customers. The
calls are not punitive, but meant to reinforce
the importance of customer service and to figure
out how to meet that standard without
exception. The calls go both ways. If there is
anything about the business Dan should know, he
told them, “call me.” He gave them his direct
extension and his cell phone number, and in the
course of the day played back multiple
voicemails he had received from employees.
You can talk about the importance of employees.
We all do. And you can live it. In your world,
how might you enrich your people this week?
Give them knowledge. Be available. Learn their
business. Demonstrate your interest, to
Lead with your best self,
Dan Mulhern