Archive for the 'Innovation' Category

Jan 04 2010

THE RAPE OF SMALL BUSINESS

“We cannot afford another

                                         

year like last year, and survive!”

                                                                                                             –A farmer, a doctor, and two retailers

     Whether America’s Federal Government is small business ignorant, or small business hostile –and surely it has proven to be at least one of these — makes little difference.

     In the end, you need to accept that politicians with zero business experience surrounded by advisors with zero business experience are on the cusp of running America’s businesses into the ground.

     Accept it, dismiss it, and get on with life.

     Why? Because this isn’t football. The more energy you expend worrying and fretting about the opposition — the more attention you divert from growing your own business — the less effective, less productive, and less efficient you and your people become.

     This isn’t football. It’s rape. Over-dramatic? No.

     Small business people are being violated every day by political zealots who haven’t a clue about the daily outpouring of blood, sweat and tears that go into owning and operating and managing and growing a business.

     We are about to be overrun by a healthcare reform plan that forces increased government control on our lives, even to the point of imposing fines on those who don’t buy in and that force us to see providers we don’t choose.

    This so-called “healthcare” plan in fact addresses just about every subject under the sun except healthcare. And it fails to foster (or even acknowledge) the necessary lifeblood of effective healthcare reform: free market price competition. Oh, and we’ll all be paying for it for decades. 

     We are looking at a cap and trade plan that forces increased government control on our lives, even to the point of preventing us from selling our own homes unless they measure up to expensive and meaningless government imposed standards. Oh, and we’ll all be paying for it for decades.

     We are days away from an utterly meaningless Senate jobs bill which pumps up government jobs and puts some totally confusing tax-credit bait on the end of the fishing line for all those small business owners who have nothing to do except pour through paperwork trying to figure out how to qualify (or who will have to pay through the nose for CPAs and tax attorneys to do it for them).

     Maybe small businesses should get subsidized for creating work for CPAs and lawyers?

     So, what’s the way out?

     There’s one way out and very little choice involved. Here’s the solution: Charge forward with your head down and work your butt off at customer cultivation and customer service. Remember how you felt when you started your business or manager job? Kinda like that.

     What else? You need to take even more innovative approaches to developing your products, services, markets and ideas.

     Anything more? Yes, you must continually add value to everything you sell.

     And, above all, you need to do whatever is necessary to maintain high-level trust and integrity reputations with every customer, prospect, associate, employee, vendor, referrer, visitor, and community you serve … with every encounter, every day.

Your personal authenticity and the authenticity of your business will rise above the tumolt and threats and deceptiveness and empty promises. And when you succeed for yourself, you will be succeeding for many. 

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More on 2010 “LEADERSHIP”? Come visit me and comment on my Guest Blog post at TBD Consulting’s Jonena Relth’s site http://bit.ly/XhN1h

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Reply Hal@BUSINESSWORKS.US (Subject: “Blog”) or comment below. Thanks for visiting. Go for your goals! God Bless You! Make it a GREAT Day!  Blog FREE via list-protected RSS feed OR $1 mo Amazon KindleGreat 2010 Gift for GRANDPARENTS: http://bit.ly/3nDlGF

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Jan 03 2010

SERVE THE CUSTOMER

“Consumers are statistics.

                                              

  Customers are PEOPLE.”

–Stanley Marcus, Chairman Emeritus, Neiman-Marcus 

     In case somewhere between the thin divider line between 2009 and 2010, you might have lost sight of what’s important and instrumental to boosting business in these bleak economic times, I give you (Ta-ta-ta—-ta-ta!) the CUSTOMER!

     Former Ford Truck Operations Gen. Mgr. E.P.Williams is quoted in Tom Peters and Nancy Austin’s book, A Passion for Excellence, as saying:

We must always think the customer is in the middle of the thrust of what we’re trying to do.”

     Does that apply to small business too? Absolutely! Does it matter what kind of business you have or how old or new it is? Absolutely not!

     The challenge then is not in thinking, “How do we make more money?” It is in thinking (and acting on) “How do we get and keep more customers?” OR “How can we do a better job of providing the products and services that will attract more new customers and more return customers?”

     We already know that people buy benefits, not features. We already know that people buy products and services because of an emotionally-triggered buying motive (not a logical, rational, unemotional one!). We already know that every behavior (including buying motives) is a choice.

     And we already know if you’re reading this, you probably own or operate your own business or manage one, or part of one and/or that you’re an entrepreneur … so LEADERSHIP is also important to you.

     If you could lead the business or part of business that you’re responsible for into an ongoing, daily pattern of catering to customers and prospects with innovative new and value-added products and services that provide genuine benefits, wouldn’t that be a great beginning?

     If you could do that, you need only find a great writer/marketer (not just a marketing writer, mind you; there’s a big difference!) who has a proven track-record for triggering emotional buying motives and helping to attract the kinds of new and repeat customers you want. 

     Well, here’s the good news: You CAN do all that. It’s easier than you think. It means not accepting that the economy is a hovering doom. It means having the courage to cast off the past and the constraints that mindless politicians continue to force on small business.

     It means taking the road less traveled. This is not just empty talk, or hype. This is reality.

     If you’re serious about your customers, listen to them … and lighten up. Then watch what happens.  

More on 2010 “LEADERSHIP”? Come visit me and comment on my Guest Blog post at TBD Consulting’s Jonena Relth’s site http://bit.ly/XhN1h

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Reply Hal@BUSINESSWORKS.US (Subject: “Blog”) or comment below. Thanks for visiting. Go for your goals! God Bless You! Make it a GREAT Day!  Blog FREE via list-protected RSS feed OR $1 mo Amazon KindleGreat 2010 Gift for GRANDPARENTS: http://bit.ly/3nDlGF

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Dec 27 2009

BUSINESS AFTER CHRISTMAS…

Happy Christmas

                                

Recovery Time!

    Uh, are you STILL thinking stuff like this?…    

                                                                                                  

‘Twas the week after Christmas, and all through the house, were  new toys, new treats, Wii and a mouse. While I on my YouTube, Ma-ma all a Twitter, freshposts on Facebook to make Rudolph jitter.

OMG!  What to our wondering eyes did appear but a pile of wrappings, half-filled glasses of cheer; some wine in this one; in the other, some beer.

Then out on the lawn, there arose such a clatter, it was junior’s new pull toy descending the ladder that Santa had climbed to get up on our roof when Blitzen fell over and twisted her hoof . . .

Okay, okay.  Enough! It’s back to reality, back to business, and time to take inventory. It’s that time of year to itemize, sort out, assess, adjust and go forward. 

     SO … Answer these 10 questions for yourself about your SELF, and then answer the same 10 for your BUSINESS.

     If you are totally honest with yourself about your SELF and with yourself about your BUSINESS, you will positively gain some important insight!

  •      What didn’t work this past year? (Not “why?” which may take another year to answer)

  •      And what, pray-tell, is working NOW? 

  •      What needs to be eliminated? 

  •      What will work going forward? 

  •      What needs to be reevaluated?  

  •      What needs to be fixed?  Adjusted?  

  •      Completely overhauled? 

  •      What needs to be attempted? 

  •      What needs to be planned? 

     Remember, this is YOUR business and YOUR self we’re talking about here, so ONLY YOU can decide where to go next and ONLY YOU can choose how to get there. ONLY YOU know the real answers to all the questions about growing your self and your business! 

     And you can take hours researching and surveying, but the bottom line is –dear entrepreneur, dear business owner and manager– that in the end, YOU must charge forward by experience, instinct, and informed subjective judgement. 

     YOU must take REASONABLE risks to improve your SELF and your BUSINESS!

     What you choose as a course of action may be wrong, but:

A. SOME action is always better than no action, and

B. YOU are the captain of your ship, and YOU can adjust the course you’re taking at any hour of the day or night. Or, simply put into port for a short lay-over to get yourself more focused. Just choose what you want  (since all behavior is a choice!). 

     No excuses here. You need to be your own consultant. Step back. Take some deep breaths (For your SELF, for your BUSINESS, for your SPORTS performance, for your SALESMANSHIP, for your LIFE!) Oh, and after you breathe, get hopping! 

     The New Year’s bell is ready to ring. Are you ready to run? Have a Happy! 

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 Hal@BUSINESSWORKS.US or comment below.

Thanks for visiting. Go for your goals! God Bless You!

Make today a GREAT Day for someone! 

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Dec 17 2009

“SQUEAKSMANSHIP”© CHECKLIST!

Holiday Gloom and Other

                                    

Economic Bushes To Beat

                                                                                                           

     There comes for many business owners and managers a point in time — that inevitably seems to fall in the middle of holiday season — where you can no longer cut back business staffing or compensation, and other overhead expenses loom ominously over your head, like a guillotine, ready to drop.

      Uh, sorry for such a merciless graphic thought, but there ARE still options to exercise, and you ARE still reading, right? Use this “SQUEAKSMANSHIP”© checklist to prompt your brain to more closely consider your circumstances and determine some alternatives that can work for you now.

  • Strategic Alliances. Even with or without exchanges of commissions or time, there are many ways to work together with allied businesses that can save money for all involved. Explore.
  • Cooperative Advertsing and Marketing. Many manufacturers provide matching dollar and similar programs for retailers that represent their products. Many trade and professional associations and membership organizations provide discounted rate arrangements. Ask.    
  • Shared PR. Jointly-issued news releases and cooperative events that promote participant businesses equally strengthen impact and minimize expenses. Poke around. 
  • Barter. ANY combination of goods and / or services represent mutual benefit when traded. Local radio stations will often trade commercial air-time for products they can give away in listener contests. Make some calls.
  • Shared Employees. Receptionists? Clerical? Contractors? IT? Programmers? Retail? Think. 
  • Shared Services. Delivery? Maintenance? Bookkeeping? Look for what’s accessible.
  • Shared Vehicles. Cars? Trucks? Construction equipment? Plows? Planes? If it moves…
  • Shared Expenses. Mortgage? Rent? Insurance? Purchasing? Memberships? Hmmm…

YOU CAN ALSO…

     Put more marketing reliance on (less expensive than traditional media) Websites, Social Media, Email Campaigns (which don’t have to be spam, btw), News Releases, Captioned Photo Releases, Postcards, Business Card Distribution Displays, Newsletters.

     Put more sales reliance on commission + expenses and/or + advances (vs. salaries) … virtual sales force use … retail street performers.

     Put more emphasis on minimizing travel expense with less exotic, fewer frills regional and centralized meetings … minimizing energy use (Some major outlet stores are cutting back on lighting with customer explanations of fuel and community savings affected.

     Make this holiday season a half-full glass for YOUR business! Oh, and remind your people to NOT cut back on wishing customers and suppliers “Merry Christmas!” Merry Christmas!  

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Reply Hal@BUSINESSWORKS.US (Subject: “Blog”) or comment below. Thanks for visiting. Go for your goals! God Bless You! Make it a GREAT Day!  Blog FREE via list-protected RSS email OR $.99/mo Amazon Kindle. Branding Line Exercise: 7Word Story (under RSS). GREAT GIFT:new Nightengale Press book THE ART OF GRANDPARENTING http://bit.ly/3nDlGF

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Dec 15 2009

CREATIVE PROCESS INTERFERENCE

Get your fingers out

 

 of other people’s pies!

 

You may be the boss. But don’t stick your nose into the creative process that’s being strategized or implemented by the writer(s) and/or designer(s) YOU hire. When you’re paying an individual or team to create your branding message, advertising, packaging, promotion, public relations, website, or Internet marketing: Back Off The Process!

If you’ve done your job up front by hiring top talent to begin with, leave it be. You risk losing personal respect, leadership control (including the ability to motivate), sales, and even market and industry stature by interfering in his, her, or their work in progress.

I’m NOT suggesting you don’t VERY carefully explain the perspective and posture you want to see be used in representing your business at the very beginning of the creative process. You need also to insist on a “How Goes It?” review / inventory / status or progress report half-way through the creative process.

And you positively must review every word and every graphic treatment BEFORE it’s released or launched or distributed, and offer an honest critique … which, btw, is usually better accomplished with questions than with judgement statements.

It’s your company and YOU are ultimately responsible for every verbal and every visual message conveyed. [And ad agencies and marketing groups — even in-house — love to walk the thin line of public acceptability and appropriateness; it wins them awards!]

But just because you think you’re a “creative whiz” and know how to write a nice email or drum up some sizzling topic for your kid’s science fair entry, or can draw cute pictures that always amuse people, do NOT think that you can match those you’ve entrusted to do the job!

If you were that talented at design or writing, you’d be a designer or writer. It’s just another way of expressing the old management theorem: Stick To Your Knitting! Creative people are not likely to be able to match your entrepreneurial drive and management / organizational and financial know-how. Tech people are, incidentally, the least creative.

Get the best people you can find to do the job, give them your input, take their pulse at the fifty-yard line, double-check their final product, but let them do the job.

I have seen countless great marketing, sales, and advertising campaigns be ruthlessly and unwittingly aborted by well-intentioned top management who haven’t a clue about how to connect their messages to their target markets.

No time to do all that creative process management stuff? Lacking the sensitivity to deal with the writers and designers? Not sure how to best direct or coach them? Call me. If I can’t do it for you, in a consulting role, I’ll find someone who can. [302.933.0116]

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Reply Hal@BUSINESSWORKS.US (Subject: “Blog”) or comment below.

Thanks for visiting. Go for your goals! God Bless You! Make it a GREAT Day! 

Blog FREE via list-protected RSS email OR $.99/mo Amazon Kindle

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Dec 13 2009

Why College Degrees Are Meaningless

You’re going to work for a

                                                 

living SOME where, right?

                                                   
Recommended: Print & pass to a business hopeful attending or considering college
                                                                                                                  

     So you’ve earned a PhD, an MBA, LLB, MD, MS, MA, and all kinds of bachelor and associate degrees. You are Mr. or Mrs. (maybe “Dr.” ?) Joe (Josephine?) College, in the flesh. And the academic credentials got you a decent job. Now what? Do you seriously believe your 4.0 grade average means you’ve got what it takes to thrive … even survive?

     After your punishing (and expensive!) labs, coursework, exams, thesis papers and consulting with so-called “Academic Advisors,” if you have learned anything less than HOW to put ALL of the following to work, you’re in big-time trouble, and college put you there.

     Can you honestly say you have learned how to practice (and hopefully excel at) ALL of these attributes?:

  • Making Decisions
  • Managing Stress
  • Managing Time
  • Managing Customers
  • Communicating Clearly
  • Being a Leader
  • SELLING
  • Delegating
  • Innovating
  • Being a Team Player
  • Listening and Giving Feedback
  • Organizing
  • Empathizing
  • Respecting Others
  • Being Genuine, Honest and Transparent
  • Valuing Experience
  • Accepting Criticism
  • Setting and Pursuing Goals
  • Being Accountable and Cultivating Trust
  • Avoiding Political and Psychological “Games”

     Give or take perhaps a couple of the above items, these are the attributes that add up to being effective in business or professional practice (ANY business or professional practice) and without which, your road to success will be a long one indeed, especially if you aspire to a forward-moving or productive management position.

     Good leaders do all of these things well. So do good salespeople. All good leaders are also, not incidentally, good salespeople [SEE TOMORROW’S POST ON THIS SUBJECT!]  

     What’s sad about all this is that institutions of higher learning (other than a very small handful that do in fact address a number of these subjects as part of academic platforms on, for example, nursing and entrepreneurship and some behavioral sciences like human development) not only scoot around these issues; they outright reject them.

     Colleges and universities (again with rare exception) fail to value reality. They are invested in fantasizing on the past which will never come again, or the future which hasn’t yet arrived, and may never. They refuse to acknowledge their hands in front of their faces.

     So YOU end up losing out to an arcane system of learning that fails to deal with preparing students for life in the real world. It’s true.

How do I know? I’ve worked extensively in creative roles with Fortune 500 companies, as a consultant with entrepreneurial businesses and professional practices, as a management trainer for over 20,000 business and healthcare executives, and as “Professor of the Year” at a major university and two colleges. I’ve been in the thick of it.

     You DO have a way out. There IS hope. You need to first accept that you’ve been taught subject matter, not real life applications, not how to succeed. Second, you must commit to yourself to learn as much as you possibly can about yourself as possible.

The more you know about what makes you “tick,”

the more skilled and successful a leader you will be.

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Reply Hal@BUSINESSWORKS.US (Subject: “Blog”) or comment below. Thanks for visiting. Go for your goals! God Bless You! Make it a GREAT Day!  Blog FREE via list-protected RSS email OR $.99/mo Amazon Kindle. Branding Line Exercise: 7Word Story (under RSS). GREAT GIFT:new Nightengale Press book THE ART OF GRANDPARENTING http://bit.ly/3nDlGF

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Dec 07 2009

KNOWLEDGE IS NOT POWER!

Product/Service Knowledge

                                                                                                    

Does Not A Sales Star Make!

                                                                                                

     What makes entrepreneurs and sales professionals successful is having the ability to go waaay beyond the point of just knowing about the products and services they represent.

     It takes a very rare “geek,” for example (e.g., Bill Gates, Steve Jobs), to be able to come up out of the techie hole and have a clear vision of everything else that surrounds her or him.

     I’m not suggesting the need to be an expert at everything, but to instead appreciate and value what’s there (in your market, in your industry, in your universe), and know when to call on (and how to manage) others’ skills.  

     This “failure shortcoming” is unfortunately not something that’s easily adjustable because it’s more a product of the system than of the individual. It is the single greatest failing of academia that students are rarely if ever taught how to use what they’ve been taught to know.

     While touching on our misguided educational system, I should add that the best college for successful business career preparation (besides the proverbial “school of hard knocks”) is the one that fosters student internship and cooperative education programs and/or real-life experience opportunities. A taste of reality always beats none.

It is the single greatest failing of academia that students are rarely if ever taught how to use what they’ve been taught to know.”

     Why should this matter? Having a single purpose and collective goals is one thing, but no business is successful that is run with closed-minded fantasy-land controls. Product / service knowledge is just one part of the success equation. Having the vision and organization skills to apply that knowledge is what counts.

     No sales professional has ever made it on having total command alone of her or his company product or service features. No one “buys” features. Buyers may justify their purchases by itemizing features, but what makes the sale are emotional triggers to benefits. Product and service knowledge can only serve as the launchpad for those triggers. 

     What are the answers? I believe they vary with each set of circumstances, and I don’t pretend to have all the answers … BUT:

     I CAN tell you that if you and your sales message have been heavily focused on what goes into a product or service and how it’s made, and you see all the guys down in the trenches (the scientist /technician / analyst types) smiling up at you and nodding agreement, you need to adjust what you’re communicating to the rest of the world!

     Like the dentist ads promoting mucosal blade inserts, which would only have a recognition factor and be a point of interest among other dentists, many businesses go down the tubes grasping for receptivity to jargon that only they and a handful of staff (and competitive!) “experts” understand.

     Real Business “Power”— the Power of entrepreneurial and sales success, comes not from merely knowing — comes from knowing who, how, when, and where to put the knowledge that you have to work.    

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Reply Hal@BUSINESSWORKS.US (Subject: “Blog”) or comment below. Thanks for visiting. Go for your goals! God Bless You! Make it a GREAT Day!  Blog FREE via list-protected RSS email OR $.99/mo Amazon Kindle. Branding Line Exercise: 7Word Story (under RSS). GREAT GIFT: new Nightengale Press book THE ART OF GRANDPARENTING http://bit.ly/3nDlGF

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Dec 03 2009

Free-Spending Frugality

Entrepreneur money

                                                                                              

goes round and round.

                                                                                               

    Yup! You “coont effin spelt enterprenewer, and now y’all is one.” Well, just maybe there’s some chance that you could have also had a few other misconceptions about the title. But you’re probably still smarter than the rest of the business world. 

     Or perhaps you’re one of those amazed and astonished corporate types who’s literally rolling in misconceptions about entrepreneurs, and likes to cluck your tongue at even the thought of such low-life business people who haven’t one iota of strategic planning in their blood.

     Well, hey, YOU might be wondering about how the entrepreneurial thing is going right about now in this government-fantasized period of financial boom that even the neighborhood corporate mogul knows is nowhere near reality.  

     Well, here’s something to keep in mind that very few people except entrepreneurs know about entrepreneurs: Entrepreneurs only take reasonable risks! Whaaaa? How could that be? You trying to say those reckless spender-types have a sense of reason? Vision? Purpose?

     Actually, I am convinced that government institutions and agencies along with corporate giants are the only entities in existence (well, maybe academia too) that throw around money they don’t have, and insist on taking risks that would be unreasonable to a three year-old.

     But what do I know? I’ve only notched a few hundred business startups and taught entrepreneurship in college, and managed to squeeze in some significant years of service to both corporate giant and government (and academic) incompetents

     I observed enough to appreciate that no entrepreneur worth her or his salt would be caught dead in those suffocating environments for any longer than it takes to escape to lives of business independence and self-sufficiency. 

     Those experiences also underscored for me the absolute sanity of individuals that most of the rest of the world considers to be insane business venture leaders. Entrepreneurs are postured as being filled with cockamamie ideas and always juggling money deals while straddling shifting sands. Not a pretty picture.

     Truth: Entrepreneurs are the world’s most genuine and productive catalysts of change.

     Historically, Entrepreneurs have always been the movers and shakers of society. They still are today, and will continue to be far into the future. They alone know how to turn on a dime, how to respond to market fluctuations, to competitors, to innovation, to the whole mindset of making ideas work.

     Entrepreneurs, again contrary to popular opinion, are not driven by profit motives. They are driven by a burning desire to marshal whatever forces necessary to make their ideas work.

     That pursuit alone is so staggering in so many quarters that money simply appears and flies at them — heads down, charging forward — while they are in the make-it-work process. Yet we are actually seeing more entrepreneurs distance themselves from investors who today seek immediate ROI and hold out no regard for authenticity of pursuits.

     When we finally ever DO see this economy turn, remember the impetus didn’t come from government or corporate giants. They haven’t a clue. If you want to appreciate financial upswings, thank an entrepreneur!                                                                                                                        

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Reply Hal@BUSINESSWORKS.US (Subject: “Blog”) or comment below. Thanks for visiting. Go for your goals! God Bless You! Make it a GREAT Day!  Blog FREE via list-protected RSS email OR $.99/mo Amazon Kindle. Branding Line Exercise: 7Word Story (under RSS). GREAT GIFT: new Nightengale Press book THE ART OF GRANDPARENTING http://bit.ly/3nDlGF

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Dec 02 2009

STIMULATING CREATIVITY

Innovation Starts With

                                                       

A Creative Idea.

                                                                                   
     [BASED ON 2,000 MANAGEMENT TRAINING WORKSHOPS]
                                                       

     Innovation may end with the implementation of a strategic plan that carries a creative idea all the way through to completion — whether it’s a new product launch, and expanded service offering, a new approach to management or something else — but it begins with a creative idea!

     Hey, that’s great, you might say, but how do I stimulate my people to dream up creative ideas that we can innovate with? I have 6 engineers, 3 chemists, and 4 accountants reporting to me and the most creative thing any of them do is wear a plaid shirt on vacation.

     Aha! Then — assuming it’s worth 45 minutes a week to maybe light some fires under them and facilitate some positive changes — tell your team that it’s time to divest your business of its status quo investments.

     Tell them you want to begin making some big waves in the market and/or the industry and or the organization. Challenge them to rise to the occasion and take responsibility for introducing 3 new workable ideas each, every week.

     Give each person 1 minute to present each idea in each weekly status meeting. So 3 ideas each, 3 minutes = 3 x 13 team members = 39 minutes.

     Devote 1 minute of each meeting to creative stimulation activities: Make something out of a single page of newspaper! (Anything!) or draw a t-shirt and put the word or words or picture on it that best describes how you feel right now (Anything!) or pass a rock around and have each person pretend to put into it the one thing besides money that she/he thinks is missing from the company that could make it better, and say what that thing is (Anything!).

     Use 1 minute to vote on the 3 most feasible ideas and rank them. Address the #1 idea with 4 minutes of quick discussion about how the team could make the idea work. VOILA! 45 minutes a week of creative stimulation will most certainly produce some innovative pursuits. 

     Don’t be afraid of trying, or too quick to abandon the approach. It WILL work and it WILL bring some meaningful new directions from once stagnant corners of your business environment. Adapt the timing and challenges as you see fit. Email me if you have questions.

     As the owner or manager you have the implied power to make it work. It’s your choice to bring active, encouraging, fun-filled, and noncritical leadership to the table, to challenge others to take the risk of offering suggestions. And remember that bad and stupid suggestions will almost always trigger good productive ones that would otherwise NEVER have surfaced.

     So encourage ALL input and reward failures when there’s real effort involved. You’ll be amazed at the differences you can usher in within just a few short weeks of consistent and enthusiastic support. Similar approaches have brought astronomical success to all types and sizes of businesses. The keys: Encourage every effort and be persistent.  

 

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 Hal@BUSINESSWORKS.US or comment below.

Thanks for visiting. Go for your goals! God Bless You!

Make today a GREAT Day for someone! 

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Dec 01 2009

5 WAYS TO BREED INNOVATION

It Doesn’t Fall From The Sky

                                                   

…Innovation Needs Ignition

 

 

We’ve all heard  how the lousy economy is getting better now, and will soon (fingers crossed behind backs) be booming again. And even those of us who are eternal optimists know better than to believe a word of it.

Small business owners and operators and managers  know that only job creation will turn the tide, and that job creation will only come from increased sales, and that increased sales will only come from great customer service and … INNOVATION.

Here are ways/attitudes/ideas  that can help jump-start innovation (the development of new products, services, markets, ways of doing things, from ignition to blast-off to orbit and back) beginning right now:

1. Do not tolerate paralysis. Some action is always better than no action. Inspire a “Do it” mindset and reward failures when genuine efforts are made.

2. Try stuff!  Test it out. Ask customers and suppliers what they think. Convene quick focus groups. Scramble together as much quick feedback as possible and LISTEN to it!

3. Instill a sense of urgency  about taking initial ideas all the way through the thought and strategic launch process. Insist on thorough thinking done quickly. Don’t wait for lengthy studies, follow-up meetings, and long assessments.

4. Be open and receptive  to and encourage bizarre and eccentric and cyberspace thinking, but cultivate ongoing teamwork to shake ideas loose and get them organized and moving.

5. Get EVERY one engaged. The best results can sometimes come from the least expected sources. Make EVERY one who contributes part of the launch crew, with small frequent reinforcement rewards (fresh fruit in the lunch area, personal handwritten thank you and acknowledgment notes mailed to “The Family of” at home addresses, local news releases, website mentions)

     Remember that it doesn’t take much to shake things up  and spur some new innovative activity, but it can take a lot of work and a long time to restore order if you try to take things to fast in too many directions at the same time. Keep the ideas flowing. Keep each step of the way a product of organized teamwork. And keep control.

You need to ignite fires and encourage brainstorming with one hand, then bring things into realistic focus with the other. Yes indeed, you are once again in that old entrepreneurship attitude that you thrived on when you started.

Maybe you’ve lost touch  in recent times with some of those “egotistical, competitive, passionate, persistent-beyond-belief entrepreneurial traits” (Thank you Tom Peters and Nancy Austin in “A PASSION FOR EXCELLENCE…The Leadership Difference”)?

Perhaps someone convinced you not to worry about it because the economy is turning around? Perhaps it’s time for you to turn your business around with more innovative pursuits and action. Perhaps?

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Hal@Businessworks.US       931.854.0474

Open   Minds   Open   Doors

Make today a GREAT day for someone!

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