Look for the Monday Morning Mentor here:
http://dalecarnegie.weblogbiz.com/?p=416
A personal Monday Morning post from Kevin D. Crone, CEO of Canada's Dale Carnegie Business Group who is committed to helping businesses in Canada grow.
Monday, June 13, 2011
Thursday, June 2, 2011
Why No Action??
Improving a business sometimes feels like an impossible task. Why don’t some groups take the actions necessary that will improve the business? I remember working with a team that was trying to increase their revenues and it became clear that the management and individuals involved had designed the business to fit their personal lives. No matter how I tried to get them to understand their market place, their customer’s needs/wants/motives and how to reach them with a powerful offering and compelling messaging, they weren’t into it. Their basic thinking was, with my busy schedule I’m not getting what I want right now from the business and my life. I’m just not that interested.
When I asked them to tell me what they wanted and how they are going to get there, it was usually about how the company should be doing something for them. Their short term, personal needs were always more important than long term goals and the needs of the business. No wonder their strategies and plans to move forward were fuzzy. Their lives and the business seemed to go forward and back in a reactionary and survival way. In reality, they were getting nowhere.
So, individuals unable to create the life they want for themselves are the same individuals trying to make a business work. Let’s get back to the original statement, “Why don’t groups act on what needs to be done?” Generally, many people don’t realize that they don’t. They think they act from the business but in reality they act for themselves. It's invisible to them and it is contagious. Workplaces become a trap for this ‘individual’ orientation. This causes the business to become secondary, less of a priority, and it shows up in results.
Secondly, if individuals do act on behalf of what is good for the business they don’t always stop their reactionary world long enough to create a picture of what is required for it to thrive.
You might be thinking “That’s not the way it is around here. We are worked to death. We put in a lot of effort.” I am not talking about work or effort but rather taking actions that genuinely improve the business for now and in the future. The design of any business, the systems installed, and the decisions made, create its future success.
Thirdly, too often teams try some stuff, never finish it, always expecting something to be perfect and when it fails everything automatically goes back to the way it was. This produces risk-adverse people. Hope becomes the only strategy. (good luck with that)
Nothing is ever perfect. If it looks perfect, it’s probably not real. Usually what looks good is fake - for show. The truth is we either help clients in a big way or we don’t. We either tell a compelling, down to earth story to the market or we don’t. We are either engaged in improving the business or we are not. All of us can get into truth telling about the business for its own sake without harming our teams’ personal lives or without blaming and name calling. That’s just effective human relations. We can certainly create a picture of what the business needs to be. We need to fight the competition…not each other over our personal needs. As a team, we need to design the business to win and to take the necessary steps that change it so it will win. For all of us to get ahead, we need an ‘organization’ orientation and get engaged to produce better results.
Once you have decided to go a certain way then go there fast. If something gets in your way, turn. “If everything seems under control, you’re just not going fast enough,” famous words from race car driver Mario Andretti. Being laid back is great for the cottage but for business we need to push our start button every day and just flat out go for it. It can be fun!
I believe we all have the guts, the where-with-all to do what is required and to act. With every action comes learning, and you will know what to do next for the business. It’s simple….. Act….Learn…. Act… we can do that.
Questions this week:
- Do I act from a personal orientation rather than a business one?
- What does the business require? What is it like now?
- What are the first actions to go from where we are now to where we want to go?
Have a great week.
Wednesday, May 25, 2011
The Fundamentals to Grow Your Sales Team and Results
Last week while out for my walk on Fort Myers Beach, I stopped to look at a picture of a house for sale in the window of a real estate office. After a couple of minutes a friendly, burly guy named Marty popped out of the front door and asked if I was dreaming, looking or comparing houses. I said I was looking for a friend who was staying with us. He then asked me if I was thirsty and because I had been walking I said yes. He jokingly called out to someone, “There is a homeless, thirsty guy out here. Can you please get him something to drink?”
He quickly educated me about the market, explained which areas were good investments and those that weren’t. We jumped in his car to see three of the areas, and went through one of the houses……all within an hour. We went back and got my friend and proceeded to show him the home that was listed. He really liked it.
WOW! Marty went from asking someone just walking by his office “What’s up?” to finding a strong prospect. Incidentally, I found out that he is the #1 broker on the island….you can guess why????
In the past and in the future, our business, as in all businesses, is about sales. It is about finding and seizing sales opportunities. It doesn’t matter if we are using LinkedIn, networking at community meetings, searching old accounts or old prospects who didn’t buy, our job is to find and cultivate opportunities. If you are a manager, you need to put in the systems, protocols, and accountabilities that cause the team to do the things that uncover those opportunities. On their own, most salespeople won’t do those things. Yet the top producers will.
Whether it is attending sales training, going to sales meetings, using market access or marketing nurturing systems, salespeople, generally, will not initiate these things. Sometimes they think if they just show up, maybe something good will happen. And generally, it won’t without a lot of organization and work.
Selling is about failing until you succeed. This is what I read in Frank Bettger’s book, “How I Raised Myself From Failure to Success.” I suggest all your salespeople read this classic masterpiece.
Here are some of the fundamentals to grow your sales team and sales results we've gathered from our experience in helping companies grow.
1. Coach people to find opportunities, in a non-cheesy way. Opportunities are everywhere and those that don’t go after them are usually so frustrated, negative and down they can’t see them. Many of them aren’t interested in being coached. Coach them anyway, especially your top producers who seem to be ignored.
2. Figure out the best way to educate, engage and sell your services to today’s market. Don’t believe for a minute that making more calls is the only answer. Markets change. Thinking things through should come before action every now and then. For example, create a system on a white board that spells out how you can access existing clients with new, attention getting, personalized offers and a follow up system. Hire people to follow it and give them the opportunity to be creative. Map out a way to know every targeted client and a way to keep prospects engaged for at least a year until they are ready to talk with you or buy.
3. Realize that your salespeople need inspiration everyday. They need a structured way to flush out their frustrations, worries, rationalizations and cynical excuses. Their attitude and lack of organization is what generally kills them.
4. Hold effective meetings that inspire, teach, coach and connect people to new goals. Do this in groups and one-on-one. It is up to managers to stimulate the inspiration that causes action.
Using the technical tools to support your goals is definitely important but don’t believe that they are the number one answer to growth. Your people are emotional beings and actions will follow inspiration. I encourage you not to loose sight of these three fundamentals.
1. Coach people to find opportunities.
2. Think about how to access the market and keep customers and prospects engaged. Turn it all into a system that causes the behaviors you need.
3. Structure your time and attention to inspiring your people.
What occurs to you right now? What is the best action you can take to build your sales and your team? Now act.
Have a great week.
Friday, May 20, 2011
An Important Letter to Leaders
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Wednesday, May 11, 2011
Creating and Building a Life and/or Business
It seems my whole life has been about building something. In the beginning the greatest force was my experience taking the Dale Carnegie Course at the age of 21. It gave me the confidence to dream about what was possible; learn how to control my attitude; and rely on my interest in others to get me through people problems. I must have read How To Win Friends and Influence People five or six times in six months. The best of Dale Carnegie’s books for me was How To Stop Worrying and Start Living. It’s a masterpiece on attitude control and the discipline of making decisions and moving on. The Dale Carnegie Course is still the most beautiful experience someone could benefit from.
Those early Dale Carnegie days stayed with me even though I know many business friends might think they don't need to take the course and probably ‘poo-poo’ the principles. I struggled at the beginning of my career because I had little experience in business, selling and management. But somehow I influenced some great people around me to believe in Carnegie like I did and to believe that we could influence the marketplace in a big way and in so doing build a good life for ourselves. It really helped to have Bud Hogberg as a great mentor in my early life. Bud pretty much believed I could do anything and went out of his way to prove it to me. “Arouse enthusiasm in others and treat people as if they are special everyday.” I remember walking down the street with Bud. He stopped walking, grabbed me by the arm and dragged me into Woolworth's Department Store and bought me an umbrella because it might rain and I didn't have one. No one acts like that. Bud did. I desperately wanted to be like him - a walking, talking Dale Carnegie master. I imitated him. As ridiculous as that sounds today, it kept me going until I produced, survived, and my skills caught up to my enthusiasm.
By the time I was 28, I was the youngest sponsor (owner) in the Dale Carnegie world-wide network. My managers Dave, Cyril, Fred, Norm, Herb, Ray, Vic, and Kathie, who eventually took over the entire operation, led my flourishing organization. I would have accomplished little without their spirit and hard work. At an international convention I was asked to give a speech on how we did it. I wasn't sure how, but it caused me to think that commitment comes first, and answers comes second. To this day people use that quote. What does it mean to you?
To me, everything is an illusion. A story in our head. A belief. We are a collection of aspirations, goals, values and most importantly, commitments. Once we intuitively know who we are, what we want, and what we believe in, we can create the life we want regardless of all the twists and turns life seems to give us. Then just live that life everyday with all the gusto you can muster. It is amazing how answers appear. When we make commitments we learn to succeed. Commitments aren't intentions. They are real.
Lee Straughan, who is the best leader I've ever hung around with, taught me more about living commitments than anything I have ever read or realized on my own. Here are some of the things Lee taught me.
- When you can't fulfill a commitment, go to the person you made it to and talk it out. Typically people talk to everyone but the person they made the commitment to and then they blame, complain, and give a pretty good story as to why they can't live up to it.
- Always support the people you make commitments to. Never let them down. Never let people talk badly about the people you are committed to. Stop them cold - nicely. I always wished I were more like Lee but I do try to demonstrate his behavior to anyone who supports us, helps us, or buys from us. With this approach people trust you and are more apt to join you, follow you, and do business with you.
As I delved into creating as an art and science, I learned how commitment is the source of action. People only do what they want to do and believe is possible. If someone knows that, they begin to listen differently. They listen for what people are committed to. It is not always obvious and you have to hear what's behind the words they are saying. This skill can help you when alignment is important for action. Like you, I have spent a lot of time in meetings, and alignment is illusive. When you can hear commitments you can bring them out and then point out the common commitments in the room. Then ask for alignment on them before you get into detailed action. It works. There is nothing worse than realizing you are all alone on the plans in motion.
Leaders bring people to places they would never go on their own but how do they do it? I hope my conversation today starts a reflection for you. You are what you are committed to. If you are not sure of your future, or worried, or are coasting a bit, or wondering what it’s all about, then I suggest you slow down, digest my message and see what occurs to you.Trust your intuition and get into action. Action is all there is. (More on that later).
Have a great week.
Thursday, May 5, 2011
There are only three things to focus on in business:
- Finding customers.
- Keeping them happy.
- Making money from the good value of your offer
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These last few weeks have been hectic ones. Lots of big decisions, traveling….you know… busy. I needed some outside services to get through it all and some of them have been quite frustrating.
- A travel agent poking around and then not booking the trip fast enough so it ended up costing me another 30%. (Obviously I won’t be using them anymore)
- A car rental company trying to charge more than the original quote. (I’m done there as well)
- A real estate agent who was always going to call back with information but never did. I had to call them constantly. (I confronted this issue and will give them another chance but would use someone else next time)
And on the home front:
- A bank who made me wait another day to buy a money order for another modest amount because I wasn’t dealing with my own branch and no one knew me. (A senior person called me on a Saturday morning to apologize – that was good.) I have done many deals with this company over thirty five years and someone realized it.
- A mechanic who was too busy to communicate how long I had to wait and then complained about how tough it is to make money. (Good heavens!)
- The largest TV/phone monopoly continued to bill me for a summer service at my cottage even though the service was suspended like it normally is. (what an incredible waste of time but again, I am stuck with this overpriced monopoly for now.
Hey, I’ll bet you could make your own list if you thought about it. How difficult it is to book airline tickets on-line, etc.?
Keeping customers happy, even in today’s very competitive, fragile, and tight markets is very difficult to do. All the costly spin from the marketing and sales departments can’t keep us coming back if the service sucks. You and I have to constantly re-commit to making customers happy or our cost of sale will go up and our margins will go down.
The commitment to making customers happy does not make it to the top of the priority list in many companies. Most are busy trying to increase sales and reducing costs. If customer satisfaction is important at your company, here are some tips that will help you live your commitment to your customers.
- Building customer loyalty with gimmicks and come-ons isn’t as important as giving exceptional service, regardless of the economic downturns and the constant technological advances.
- Rather than surveying what customers liked or didn’t like after the fact, it is better to implement systems that track the customer's buying habits and be proactive about creating offerings that genuinely help the customer as much as they do you.
- Put the Blackberry down for a while and experience your own services. Use your own products. See the reality from a customer’s perspective. As a friend and successful business owner once told me, “Never believe your own Kool-aid.” Try being on hold for a long time or bounced around from department to department. How’s the Kool-aid now??
- Quick, friendly, genuine responses to service failures and the opening and closing of transactions are the most critical. These are emotional times in customer service. If your team gets these right, you can beat the competition. Service is part of your total offering. For example, direct flights from Buffalo or Niagara Falls to Florida can be cheap, but just try figuring out their website or calling them to book a flight.
- Build websites that give valuable information rather than simply a continual sales pitch about how great you are. You can build in features such as chat buttons, toll free numbers with quick response, e-mail buttons for a more personalized experience and give information without demanding visitors sign up on the site. As more and more business is done on the internet, don’t get lost in or over excited about technical advances. Use them, but put more emphasis on how to be more personal. What else can I do for you ‘Jerry?’ Send a note of appreciation or gift. Always use a customer’s name, give them your, friendliness, and full attention. (put down that Blackberry again) This is what really matters.
- Work on improving your offering. Is it speed, price, personalized attention and relationship, or guaranteed return on investment? Look at Amazon. Basic services are offered repeatedly to eliminate frustrations in customer experience. (One click purchasing, direct link to UPS, recommendation of other similar products, customer info and credit card is stored.)
- Regardless of your offering, make sure you put in place operational tools to support it. For example, someone to handle complaints well, follow up after the complaint, and ensuring that you have staff capacity. Doesn’t it drive you crazy when you hear, “I’m the only here, can I get back to you?” Have a problem-solving complaint resolution system in place.
- Hire and develop caring people who provide quick service and who do what they say they will do. Develop service standards, (never let the phone ring more than three times) spend 2% – 3% of your budget on training and development; practicing clear communication; handling the emotional part of a complaint; (you can handle the complaint well and still turn off the complainer) and how not to be condescending and arrogant; (“Did you plug it in?” said the service rep from a large Hamilton electronic store after I gave them lots of money to install everything in my home) Record all problems and complaints into a file that can be reviewed and shared quarterly. We are supposed to learn from reality, so we can be inspired by our vision. And lastly, put in a ‘non-cheesy’ reward and recognition system for your people. Genuinely support your people for supporting and taking care of your customers.
You may have heard all of this before, but that really doesn’t matter. We are not in school. In our real world, we generally judge ourselves on our intentions and others by their actions. Our customers just experience our actions. What is the most important action you can take this week to advance your customer service competitive advantage? Now schedule it and do it!
Monday, May 2, 2011
The Most Difficult Challenge
Recently I have been involved in a lot of selling and buying of assets. Once deals are agreed to the legal work begins and the intentions of the deals can get lost in the legal details and jargon. Then the negotiating and frustrating conversations begin again. Eventually all gets done but the frustrations and cost of professional fees remind me how important communications are and how costly the lack of communications can be.
I have been advising clients for many years that the source of most problems is the lack of clear, committed communications. And what will fix most things is to have clear communications around what is wanted by everyone who is committed to achieving it.
Too often we send out memos via e-mails trying to make things clear, asking for questions and feedback, only to get little or no response. What is the commitment there? I guess it was only important to us. Probably we really don’t know what the people receiving the memos are committed to or what they want.
Or, we have had tons of idea finding, vision creating sessions only to find out later that the participants really thought it was just an exercise or feel good buy-in session. In other words, no one really expected people to mean what was being said and very little clear action followed. It must be someone else’s responsibility to act. Did we really get to the real wants? Did we allow authentic conversations?
Or, you have been in situations where your gut was saying “this isn’t good”. “I don’t like the trend here” and you didn’t speak up because you were busy and focused on something else, or afraid to hurt feelings, or being punished by management. It is important to be aware of others feelings and what management wants. It is also important to know how to confront without destroying others and to match others wants with yours. If you don’t it will comeback to bite you in the legal documents, or in the business plans not executed, or new directions you don’t agree with and in a frustrated behavior and attitude. Then the complaining and frustrations continue.
Or, we said we were going to do something for someone and quickly forget it in favor of a myriad of other things we want or need to do. And we let people down. Trust and respect is tarnished and people no longer pay attention to our memos or conversations. They just expect we will let them down and consequently we never understand what is wrong with them. They must be unmotivated or disengaged is what we might think. We can quickly forget that commitment goes both ways. It is amazing how employees will talk to other employees or friends before they will talk to the person to whom they actually made commitments to. They just don’t trust management because they think they let people down. And they don’t understand the power of committed conversations and never letting anyone down.
Now I believe communications is the toughest thing in the world. Plans and situations change and most can’t remember the last update and get confused by the overwhelming amount of information coming at them. And we can’t get around to those required tough conversations to clear things up. Nice excuse…business is complicated. It is up to us to simplify things.
How? Begin this week:
- To get out and listen for and clarify what it is our people and the company are committed to. Also, listen for what is behind what people say and their actions. You will find it. Identify it and tell them of your support.
- To make sure we remind others of our commitments (and maybe ourselves)
Be clear to others, what we are doing and why.
- To always do what we say we are going to do. If we can’t do it on time or we have to change the plan, then make sure it is clear in advance and seek the understanding of those involved. When things go astray, talk to the people who are counting on you, not friends and neighbours. Frustrations will always be around but don’t lose sight of the commitments you have made. You will find people will be more eager to work and support you.
I have been in a lot of corporate meetings where people don’t speak up or just practice recreational complaining and you can sense how weak the commitment is in the team. I realize listening to me today sounds easier said than done in many cultures. Regardless, let me remind you that you are what you are committed to. It shows in your language and actions. So are others. If you want alignment and action on important things and not costly problems, re-commit this week to communicating the level of commitment. What freedom and clarity it will give you.
Sitting in the weeds, always staying open to options may work in some unfair environments but who the heck wants to big brag about being a full fledged member of an uncommitted team with no plans to go anywhere? Always frustrated and unhappy. And you helped to create it. And you are one of them. Keep reminding everyone of what is wanted, what we are committed to, so the details and frustrations don’t create costly errors in business and damaged relationships and team achievement.
Don’t let those unsaid, uncomfortable communications linger. Have the fierce conversation and move on. You can handle them. Show your commitment to your boss and team and have conversations that matter. If you don’t have them it tells a lot about you’re your ability to be committed. Communications can cost or build. It is up to you.
Have a great week tackling the biggest challenge in business.
Thursday, April 21, 2011
It's A Cultural Thing
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Wednesday, April 13, 2011
It Only Takes A Year
Have you ever wondered why it is so difficult to do the things you know you should do on a consistent basis to increase your performance and why a few others seem to just do it so naturally?
Many years ago as a young lad running our small business in South Western Ontario I almost chucked it all in because I couldn’t perform like I needed to. A big company called and asked me to join their team. I wrote to my friend, Bob Miles and asked his opinion of what I should do. I remember while on the road, writing that note with a red pen because it was the only one I could find in my motel room. I received a registered letter back from him right away and it was in green ink because Bob was sending a message.
“Business people are allergic to red ink”, Bob said. He went on to say “You have everything it takes to put it all together. You are enthusiastic about your product. You are optimistic about your business. You just have to show up like a winner for one year. Every day, do the things you need to do and one day you will realize you can out perform anybody. Give it one year. Structure your year, months, weeks and days with all the activities winners do. Leave it ‘on the court’ every day. After one year, if you feel you have to quit, then quit.”
Well, I turned down that big Toronto company and focused on those most important activities every day as Bob advised. For one year I did everything it took, no excuses, no lackadaisical efforts, and no perceived old lacks of anything like time or money. To my surprise, my business began to flourish. I was forming habits. My confidence began to match my enthusiasm. That is why, to this day, I am obsessed with action. Doing the right things within an organized structure that causes the behavior and results we want.
All it takes is one year of focus. Heck, many can’t focus for one week and would rather blame, justify and deny to themselves and others around them as to why things are not happening like they should. Too many listen to others with their resistance to change concepts and then, buy-in to those ridiculous concepts that don’t matter to producers focused on the key things. Whether you are a young man or woman or close to retirement, struggling or successful, how do you want play the game - to win or not?
My suggestion is:
- Give it your all this year, no more stories. You can’t control everything but you can focus on those key result areas that your business needs from you.
- Few people can focus let alone follow an organized structure to succeed so you’ll be surprised how you beat back your competition. Achieve customer results and your scoreboard will show it.
My choice at the time was to give it all for one year – or quit. Little did I know at the time that it had little to do with the business and more to do with organization, focus and habits. It still does!
How about you? What are your four or five key result areas you should put your time and attention to? What do you want to accomplish this year for each area?
Describe what is going on quarterly, monthly, weekly and daily that tell you that you are doing a good job in those areas? A green pen may still work today, but regardless, if you focus your time and attention on those things you write down for one year, you will wind up being a leader in your office, your business, possibly in your industry and best yet, you will improve your performance, confidence and habits. Don’t kid yourself. The game of business is tough, but so are you. You have it all. Nothing is missing. And it helps to have a good, outside friend and mentor like R.S. (Bob) Miles.
Tuesday, April 5, 2011
The Only Thing Missing to Access More of the Market
Let’s say you own a bike store and you are trying to generate more sales from those individuals who have already bought from you. Your typical thought pattern would be to take care of and market to the best customers with products and services that are of value to them with messaging that resonates with them. Let’s look at three customer categories:
The first category is those that have spent the most money over the years, perhaps $4300.00 on all kinds of different things. This would usually be categorized as your number one customer.
The second category is the person who just bought a $2000.00 bike… the big sale.
Category three just came in for apparel and spent a couple of hundred dollars.
All three types of customers are categorized and collected through your CRM. Good for you….. seriously. Now someone on your staff researched LinkedIn, found out that the category three customer leads a bike club, does a biking blog, has tons of fans and social media followers and is part of an association that tracks needs, wants and trends of bikers.
WOW! Wouldn’t you want to develop a more personal relationship with that person? Wouldn’t they really be your #1 target customer? This person can impact your business.
Does this cause a shift in your thinking?
We heard this example from by Eric Gales, CEO of Microsoft, at a Microsoft workshop last week in Toronto that my son Kevin Robert was involved in. In their efforts to deal with the realities of today’s marketplace, deliver results quickly, and keep up with the latest cutting edge technologies, too many businesses create expensive, bloated plans to access the market that miss the big picture. And, they don’t see what is missing. Reaching their target audiences and constantly selling to them for the least amount of money and for the greatest return is the big picture.
Business people can get caught up with technical solutions to people problems. (customers are people too) We should not get caught up with social media or CRM solutions unless they actually work for our business.
There is an old saying, “If you want to run with the big dogs, you have got to learn to ‘do your business in the tall grass.” Any size company can access the market well, large or small. Any size company can be ridiculous and impractical with their plans.
So, what is practical? What works? What’s missing? If you have CRM and social media tools but you or your team haven’t fundamentally shifted away from trying to get people interested in you to deciding out how to get your team more interested in your target customers, you could be shooting yourself in the foot.
We learned from Eric Gale’s example that you can in a practical way, use your CRM and social media tools from a sales and marketing point of view. The BIG idea that’s missing is the time tested Dale Carnegie principle “Become genuinely interested in other people”. Carnegie pointed out in his writings that you can build more relationships in two weeks by becoming interested in others than you can in two years trying to get people interested in you.
LinkedIn for example provides you the connections you need. In ten minutes, someone in your bike store could find out all you need to know to begin a personal, one to one relationship with your potential targets. Now messaging is important. Using another Dale Carnegie principle, “Talk in terms of the other person’s interest”.
Now you have everything you need. The goal is to leverage every piece of data and everything you have. Paul Kearley, our Business Unit Manager for the Maritimes, recently pulled 30 companies and individuals together for a business and personal development program using LinkedIn. It works.
Believe me, from my forty five years experience in impacting behaviors, especially those concerning relationships, very few business practices or behaviors originate from being genuinely interested in others. We’ve coached Warren Buffet, Lee Iacocca and millions of business people throughout the world. Everyone needs coaching and practice on the habits that build relationships. Everyone thinks they are good at it until they see better results from shifting their thinking, listening and the actions they take.
Develop a repeatable process and efforts that can be multiplied through a step and repeat process. You can do it with 10, 100, 10,000 or 100,000 targets. It’s just adding zeros!
Put getting to know your targets into everyone’s Position Results Description or job description. Ensure your job descriptions are about outcomes and standards rather than just lists of things to do.
- Get everyone doing it – this week – now!
- Re-read How to Win Friends and Influence People.
- Better yet, take some coaching.
Thanks Eric for your example.
Have a great week!
Friday, April 1, 2011
In business, there is no “Field of Dreams”
Remember the line in this movie, “If you build it, they will come”? No they won’t!!
Waiting for your prey to come to you doesn’t work in the jungle. I just watched a couple of hours of “Earth, The Documentary”. Lions, birds, whatever, operate in a proactive fashion in order to survive, just as we do.
How do you grow sales in a business environment that strips even the most venerable companies of their business models and their very reason for being? How do you grow with economies so global that local stores are harmed by events that take place half a world away? How do you speak to a country where groups we used to call minorities now often make up majorities with distinct interests and cultures? (see the young millennials) Businesses crumble because they cling to business as usual approaches and they don’t wake up in time to adapt. Why?
1. Success distracts them.
2. They don’t have a ‘change or die’ mentality and sense of urgency.
3. They aren’t constantly anticipating their customer's current and
future needs.
future needs.
We can all fool ourselves thinking we have the best offering; competition is weak; things will come back; we can sell to a shrinking market and make quality strides and be beaten by the advent of some new, innovative approach.
Markets move on fast. At a meeting in Chicago last week, I noticed that there were about 3 I-PADS at every table and the person with the IPAD2 was attracting a lot of visitors. Who would have ‘thunk’ it! No clunky PC’s… I-PADS. What did Apple do…I-POD (70% share) to I-Phone to I-PAD. A complete desire to change and innovate.
At that same meeting a large group were working on how to refresh their business, their ‘offering’, story, sense of urgency in their sales process, their sense of what their targeted customers want, their sales skills. They have a chance at being adaptive.
You and I must heighten our awareness everyday. What do we see? What are the main desires in our business – now? Even after we do an analysis of what is going on in our industry, competition and customers, there is a good chance we won’t change. Well, unless your desires are prioritized and re-stated, and you adjust all your systems to match up with those priorities. No transition will be possible unless you examine your present systems and eliminate those that won’t pull you to where you need to go and create the ones who will. You can’t believe your own press releases. Cause the tension between what your analysis tells you (your new stated desires) and your actual reality.
Cause the tension but don’t change who you are….just how you see things
But adapting is not just about new technologies or change for the sake of change. That can be more perilous for business than not adapting at all. It can make you forget who you are, what you stand for and destroy your value proposition. It could cause you to ignore all the tools you already have to sell your product or make your existing customers special.
In summary, we have to reach our customers on the most personal level and create plans to build a bigger, more refreshed business, or we will be waiting for our prey and they won’t be showing up. And our businesses will be drying up.
Take a few minutes and stand up and be willing to admit that there are things you do not know, that others may know and you need to know.
And answer the question, Are you still relevant today? What might be changing? What can you do to confront the realities of reaching today’s customers? Are there other ways to solve the customer’s problems, to provide the value you deliver? Are you adapting and bringing new products and/or services to market faster?
Have a meeting with some associates who share your commitment to adapt and answer these questions… and get adapting!
Have a great week!
Thursday, March 24, 2011
Boosting Performance at no cost
What is the best investment you have made in your business over the years? You might immediately think of a financial deal or some technical tool. Few would say, “The best investment I ever made when was when I hired and developed a certain person.” If you are in a service business or any business, your best asset for real may be your best hire, the people you mentored, coached and trained. These are people who can do what you can do, are as concerned about the business as you are, and compliment your strengths.
Just last week I was talking to a businessman who was analyzing a deal as if the spreadsheet was going to serve customers, provide vision and adaptability to market changes. No spreadsheet can bring out the best talents of others. All those people who are the biggest part of your overhead. I told him deal is good or bad depending on whether you have the horses to make it work for you.
In many of my business dealings I have learned that bringing out the best in others, developing those horses, is not thought through enough by financial or technically savvy owners and executives. They seem more comfortable with numbers and technology than with ‘building people’. It is amazing how many think they are experts at it. They give quick opinions on how people/employees operate yet spend little time mentoring and coaching people, other than in meetings in the middle of a business day.
Coaching is about helping employees see what is required from them to help the business grow. Coaching shows people how to increase their own performance. It is getting the coachee to accept responsibility for the goals, the decisions made, and ultimately, to guide them through actions that produce desired results. Coaching builds confidence which allows people to develop a successful habit.
Many years ago when I was tennis obsessed, I studied “The Inner Game of Tennis”, Tim Gollways methods for improving performance. His theory was that to achieve winning success in competitions each athlete must first get rid of the opponent within. It was amazing to see the difference in my game when I stopped worrying about how I looked (my ego) and controlled my emotions and fear of failure and just watched the ball, the spin, the angles, the speed, etc.
I realized when taking Gollway’s coaching that I often prevented myself from being the tennis player I wanted to become. An effective coach helps you see and realize that some of it is an inner game. They keep you seeing reality and help you respond appropriately. We hear from many athletes that it is 80% mental (Jack Nicklaus) and often don’t know what they mean by that. They are not saying it is just positive thinking.
If we want to bring out the best in our most important assets, our best investments, we need to learn how to be an effective coach.
1. Remind yourself of the expectations and possibilities you have for your people. Express it – tell them. (Our experience tells us than when you lose your expectations of people, you lose your commitment to coach)
2. Ask people open-ended questions about a) what is needed for the business b)how they see their role in it c) what is their vision of how they will succeed.
3. In day to day coaching conversations around tasks, ask what and how they are going to do things. Help them think through their decisions. Ask more pertinent questions, for example “how do you see that action is impacting your customers?” (coaching is not telling people what to do)
4. Listen intently. Keep your opinions out of your listening and don’t put in what isn’t there. To be an effective coach, continually rid yourself of your inner opponent. Get yourself out of the way, your ego, your emotions, your opinions, your fears. Listening is where it all shows up. All your knowledge, opinions and savvy may have helped you become successful but it won’t necessarily help when coaching others.
5. Give feedback. This could be about asking targeted questions that encourage employees to be aware of what is really happening and take ownership of the required action OR to give appreciation and allow employee’s to feel good about what they have done. Avoid giving blunt, personal comments that steal away a person’s respect. As Dale Carnegie said “Instead, genuinely praise every improvement and any improvement.” Notice the word ‘genuinely’-flattery is demeaning, even destructive.
While employees want to succeed in life, most of their motivations are simple. They want to provide their basic needs by having a job. Most of the work they do does not create a lot of self belief and confidence. Young people today want valuable work, more purpose. They want a voice. Coaching is your tool to give people reward from their work. It definitely brings out their best and creates productivity and success for everyone.
This Week's Actions
What will you do this week to begin to build people through effective coaching? Here is a summary:
1. Look at your expectations of them.
2. Tell them.
3. Ask questions instead of giving orders, help them with their
choices and decisions.
choices and decisions.
4. Get yourself out of your listening. Really hear them
5. Give feedback that builds awareness and responsibility.
Give genuine praise.
Give genuine praise.
Have a great week …. ‘coach’.
Thursday, March 17, 2011
Don't Just Manage Your Customers....Engage Them
Monday March 21 2011 | |||
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Friday, March 11, 2011
Increasing Profits without increasing costs
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