Rewards, Expectations and Deliverables

Strange things have happened and aligning rewards with expectations and deliverables is certainly not one of them. Consulting is a fun business, it gives me the ability to see a lot of new things and experience a lot of strange, funny and sometimes stupid concepts.

Recently during an engagement I had an opportunity to better understand some performance metrics for a large national retailer. The part that was most enlightening was the knowledge of the performance indicators and a mental contrast with a street hawker merchandising and selling their wares… the result was the inspiration for this essay.

	Street Hawker Retail (typical from a Developing Market)	Large Retailer (typical to a Developed Market)
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Not in the KPIs	· Customer satisfaction · Customer experience · Customer communication · Vendor satisfaction/partnership	· Customer satisfaction · Customer experience · Customer communication · Vendor partnership/partnership
KPIs	· Revenues · Profits · Units · Identical sales to previous day	· Revenues · Profits · Units · Identical sales to year ago · GMROI · Inventory turns