Posts Tagged ‘Executive Coaching’

Five additional “Pearls of Wisdom”…courtesy of my fabulous business colleagues and advisors

Tuesday, June 29th, 2010

As 2010 hits the halfway mark, I’d be remiss to not recognize these additional Pearls of Wisdom - and the people who have contributed so much to my own business growth and learning and entrepreneurial expertise over the past six months…

1)   Recognize when it’s time to get stuff off your plate - and onto someone else’s 

Courtesy of Aldonna Ambler, aka “The Growth Strategist” and one of my advisors who said over a year ago that it was time to find a marketing assistant, and that an intern might be a good place to start.  Took a while, but I’ll never go back to not having this position filled.  Having good marketing help is critical in this economic landscape.

2)   Never hesitate to reach out for help

I’ve had some difficult organizational transitions to make over the last few months, and I am deeply grateful to two of my colleagues, Ted Lebow - who has been a wonderful sounding board and crisis helper and John Gerber - who had stepped up to the bat for me when I required legal advice and counsel.  It’s been great having people like them in my life.  Their support has been invaluable!  Thanks guys!

3)   In economic times like these, be willing to experiment with new marketing and sales tactics

We’ve certainly been experimenting - a lot!  From blogging about our story - thanks to Kevin Daum and his advice and counsel back in January…to utilizing the telemarketing services of Corporate Call Centers (thanks to another advisor - Claudia Timbo - and her great marketing right hand person Jean Dilley) - and getting their assistance running our first lumpy mail campaign…to having the opportunity to speak at Square 2 Marketing’s University last week, we’ve been strategically reaching out and “touching” people.  And it’s keeping us in the game!

4)   Find partners with sympatico - and form strategic alliances

The relationships which we’ve forged with Jim Devine and his crew at the Mid-Atlantic Employers’ Association as well as Karen Marsdale at the Greater Reading Chamber of Commerce have been key to expanding our reach in the Greater Philly area.  We’ve really enjoyed partnering with both organizations - and our partnership has resulted in more business for all of us!

5)   Define (and discover) your ideal client

And there’s no way that we could have done what we’ve done without the help of our clients.  From giving us feedback on our value prop,  to participating in video interviews,  and even taking the Caliper Profile (thanks to Dave Griffith of Modern Group - another informal advisor) who suggested that we use the profile to more closely identify our ideal client - Great idea!

So that’s some of our “pearls”.  What are yours?  What have you learned and to whom have you reached out this year?  Drop us a line or give us a call if you’d like to learn more at   ckuchler@ceothinktank.com ….

 

 

u’d like to learn more…   ckuchler@ceothinktank.com

Share/Save/Bookmark

Four Critical Questions to get you started off on the “right” foot…

Wednesday, May 5th, 2010

So many of you are re-evaluating your marketing - both tactics and strategies - and thinking of new ways to reach your audiences.  As I shared last week, we are too!

In addition to our continued emphasis on bringing great speakers and resources to our community – (Check out our upcoming Dining with the CEO Un-Marketing Event on June 8th with Philadelphia University President and former entrepreneur Steve Spinelli) – we’ve been redefining our value proposition and our tactics. 

To help, as I shared with you last week, I’ve brought on an intern, Alessandra from Drexel.  And planning her onboarding process has been a great lesson in “practicing what we preach”. 

Since many of you have been asking about what we’re doing with her, here’s four key questions that we’ve been asking  to get her off on the right foot.  And hopefully - as you add people - or even cultivate the ones that you have - you can use some of the following ideas…

1) What are our expectations?  

As the folks at Gallup have said for over a decade, clear expectations are the bedrock of a good management system.  Make sure that you’re clear about the behaviors and results that you’re expecting - and communicate them over and over again.  For Alessandra, I ultimately need her to increase our lead generation and close ratios by increasing website hits, helping us to qualify prospects, implementing the value prop and getting our name out into the Social Media world.  That will get her an “A” grade in my world.  

       How do YOUR employees earn an “A”?  

2) What are our Core Values and and how do I expect them to show up in her behaviors?

We’re about Creating a Community with our members and alums.  We also feel very strongly about “walking the walk”.  I never want anyone to say that we don’t practice what we preach to our clients.  What does that mean for the behaviors I expect to see in Alessandra?  How will her performance be measured against our Core ValuesThat’s also an ongoing conversation that she and I will be having over the next six months. 

       How do you enforce and reinforce your Core Values with your people?

3) What are her expectations? 

Employment is a two way street.  It’s not just about us.  Knowing what she’s enjoyed about previous jobs, what her goals are in this one and where she wants to go in the future are all critical questions that I’ve been asking her.  I”ve also had her take the Gallup StrengthsFinder and the Myers Briggs Type Indicator to help us both understand what talents she has and what her preferences are and quite honestly, how I need to manage her based on who she is. 

       What do your employees expect from you?

4)  What’s the best way to work together? 

How often she wants to meet to discuss her progress and what’s been the best form of recognition that she’s received are also things that I want to know about her.  Alessandra’s a college student.  Part of the Millenial generation born from 1977 to 1997.  As many of you are finding, they’re a different breed.  But highly enthusiastic. 

Harvard Business Review has a great article this month on Mentoring Millenials for you to check out.  One of their research findings?  Millennials view work as a key part of life, not a separate activity that needs to be “balanced” by it. For that reason, they place a strong emphasis on finding work that’s personally fulfilling. They want work to afford them the opportunity to make new friends, learn new skills, and connect to a larger purpose. That sense of purpose is a key factor in their job satisfaction…they’re the most socially conscious generation since the 1960s. 

        How are you helping your 33 and under employees connect to their larger life purpose thru your company?

That’s it for now…more to come in our next post.  And let us know what you’re learning as you try out new practices in this post-recession world!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share/Save/Bookmark

What to do when the best laid plans get waylaid…

Tuesday, February 23rd, 2010

That’s what I discovered last week - had every intention of telling you more about what I’ve been doing on my journey to “Create a Compelling Message”  but other things got in the way…

I actually suspected as much when I looked at my list on Sunday before the week started.  That’s how I organize myself and keep focused.  I actually start looking ahead the Thursday before - which I found out one of our clients at Gateway Ticketing does too - so I don’t feel completely OCD.  There are others out there like me.

I knew that with three days basically dedicated to clients and one day that I was taking for some personal time and reflection, there really was no way that I was going to get my weekly blog done, let alone complete the homework that Kevin Daum had assigned me which was:

        ” To use the information that we gathered in our marketing research to come up with the 25 words or so that describe the Pain that We Solve  and the 10 to 15 words that say what the Best Solution is for that pain.”

So what to do?  Well - chalk it up to the fact that sometimes Murphy intervenes and other more important things do require our time - like spending time with clients who are struggling to grow their businesses using the best practices that we teach and taking some personal downtime for me to recover a bit from the fast pace of the last few weeks  - AND

That doesn’t mean that I don’t get back on track this week…and get my homework DONE!

So look for that next week - I’m making sure that it’s done by then.

And if you want to learn more about Kevin’s methodology for “Creating an Awesome Experience”, we still have a few more books available for those of you who register today for our March 9th   event - or you can pre-order directly from the website.

Looking forward to seeing you then!

Share/Save/Bookmark

Managing the People Risks to Your Business - Three Tips for Enlightened Executives

Friday, April 24th, 2009

As we say in the “Mastering the Rockefeller Habits” workshop, people are the oil that keeps the gears turning in a company - and yet - who’s paying attention to the people who are critical to your business’ success this year?  Here’s three tips that Enlightened Executives should heed for their Key People - their employees, their customers and themselves!

1.  Manage your “Presenteeism” - and involve your employees:

As we recently learned at an event put on by the Eastern Montgomery Chamber of Commerce, ”presenteeism” is when your employees are at work, but not really working - because they’re focused on other things, worried or distracted or taking care of personal issues.  Almost 80% of all workers are wasting time focused on money issues right now - and the cost of presenteeism is about 7.5 times the cost of absenteeism.  Make sure that you’re keeping the lines of communication open - both one to one and in weekly meetings.  Get them involved too - and make sure that you’re recognizing success every five to seven days aka as the folks at Gallup tell us to do.   If your employees feel valued and know they’re contributing to the success of the business, they’ll be more committed. 

2.  Talk to your Customers - and learn about your market:

I think that I’ve said this a thousand times since last October.  If you’re not talking with your customers right now, you’re missing the boat.  Have a goal for each week and make sure that everyone in your organization is reaching out and touching base.  Use the four questions:  How are you doing?  What’s doing on in your industry / community?  What’s happening with our competition and how are we doing?  You’ll learn some valuable information about your brand and your product AND cement relationships at the same time.  As Bob Bloom says in The Inside Advantage, it’s all about imagainative and ubiquitous acts - and staying in touch is critical right now.

3.  Keep in touch with other Business Owners, share success stories and keep learning: 

There’s nothing like taking the time to check in with your peers and colleagues - but find out what’s working, as well as what’s not.  Check out our “Keys to Success” video from our “Un-Marketing” event in December to find out what other business owners have done to promote growth and increase profitability.  Take a look at this month’s addition of Inc magazine for the cover story on Jim Collins and what he’s finding in his research on how other companies have dealt with turbulance.  Download David Meerman Scott’s free e-books on Viral Marketing - all great stuff!

Will you implement these 3 tips to manage or will you simply get caught in the eye of the storm?  Let CEO Think Tank help you implement your next action.

Share/Save/Bookmark

4 Blog Secrets that are Worth Thousands of Dollars

Friday, March 6th, 2009

Once I found the secrets to effective blog writing - my posts increased our company’s sales more than traditional forms of advertizing and marketing. And the cost was free - yes that’s zip, zero, nil, nada!

1. Create your story

Without a doubt the most successful blogs came from my personal story. I decided to share my personal fitness goal with hundreds of subscribers to literally millions of virtual readers. My blog - “Fitness Goal Inspires Running 50 by 50th.”

2. Be authentic

Writing about my personal fitness goal allowed me to become completetly transparent. I was no longer a business owner; instead I became one with my readers. My blog took the shape of a personal journal filled with race updates, training tips, running partners and more importantly - my voice to . . .

3. Inspire

Just like your prospects don’t want to be sold your product or services; they want to buy them. Your readers don’t want to be informed about your company; they want to be entertained. Within the first blog post; readers and customers began logging my mileage and even running in local races. My blog created a community of readers inspired to imagine what they could achieve!

4. Connect

What if you had a connection or a relationship with your prospect prior to your sales call? Would you close more sales, sell more and do so in less time? Certainly you would be having more fun selling! Now, that’s momentum every sales professional and business wants!

Blogs Sell

As I lace up my running shoes - start writing your blog post. You’ll be selling more and differentiating from your competitors. (All before I run another 50 miles.) Your blogs are worth thousands of dollars - now that’s leverage you can’t afford to be without.

CEO ThinkTank will enlighten you with a new way of thinking about your business’ sales strategy.

Share/Save/Bookmark

 
   
 
 
Copyright © 2010 CEO Think Tank. All rights reserved.
Blog by LISI
CEO Think Tank • 55 Sofia Drive • Blackwood, NJ 08012 • 877-CEO-3264