FUTURE TALENT March-May 2019 | Page 25

F FRONT OF HOUSE “We’ve become obsessed with solving consumer and customer problems” wa n te d to welcome new opportunities, n ew p e o p l e, n ew representatives, new technology. Then it was about injecting fresh talent: people with new thinking. We’ve got a legacy business with legacy talent, and we wanted to modernise. The first question to ask is: “do we have the systems to cope with this?” If the answer’s “no”, you need to develop the tools and technologies. We didn’t have the engineers to do this so we’re partnering with many different companies to help. We don’t have to do everything ourselves anymore. How do you manage six million independent sales representatives around the world? You ‘eat the elephant in pieces’. We know you cannot talk to six million people in one sweep. One of the big things in our strategy has been segmentation; one-on-one marketing. We weren’t doing that very well. We were treating all our customers the same way, but we have different types of people; some just want to buy a few products and in the old- fashioned way. It’s about segmenting the representatives we have in different countries to create support and training mechanisms that help them become more successful. One of my big words is ‘de-average’. Average is awful. What can a large, established business such as Avon learn from small organisations and vice versa? People are saying “small brands are more successful than big brands”. I don’t agree. It’s about relevant brands and irrelevant brands. Some big businesses have become irrelevant because they’ve lost touch with their consumer base. We’ve adopted a small-company mindset in that we’ve become obsessed with solving consumer and customer problems. One of the things I hope you would find at Avon is that there’s a new boss – and that isn’t me. It’s our six million beauty consultants and the 100 million people who use the products. The second point is the different ways of operating. Big companies are linear; small companies are iterative. They work in multifunctional teams at a higher speed, develop quick prototypes, test them and refine them. However, a big company can scale those ideas. We have the infrastructure, the network and the funds. You can create the ‘hallelujah moment’ if you have a large organisation with the mindset of a start-up. What would your advice be to other CEOs leading through a period of digital transformation? You have to be really conscious and aware of what’s going on in the world. You have a real responsibility to try to keep up, which means reading, learning, sensing what’s going on. Leaders need to be curious. You will get bombarded with ideas. You really need to understand your business. So the trick is to understand what’s going on, what makes your business unique, and what technology is out there that can help unlock your potential. FT March – May 2019 // 25