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Archive for March 2010

I was speaking with a friend and fellow business owner yesterday who’s going through some growth transition issues.  He’s improved his customer service practices and a key employee just couldn’t embrace the changes and keep up.

After waiting too long (his words) he reluctantly made the needed change and replaced a long standing employee with a new person.  He has a small business with only 6 employees so any personnel issue has huge ramifications.  All in all he did a great job smoothing the exit of the employee and allowing for the relatively easy entrance of the replacement.

About a week into things he called the new employee in and gave him a ‘project’. The mission was simple, pay very close attention to the business process, work flow, communication both with clients and in the office and look for problems, issues and bottlenecks.  This is a great idea for any of us.   He basically recruited his new employee to function as an internal consultant looking at his business with ‘new eyes’.   Now realize that this is not a witch hunt…the job is to look at practices and policies not to spy on fellow co-workers and then tattle.

I suggested that he expand this practice one more step and I shared with him an idea that I’ve used, as a consultant in company after company that I’ve worked with but also as a technique that I’ve used to grow my own businesses.  

Ask the 5 Critical Questions. Read More→

Yep, you read the headline correctly. Sounds kind of crazy right? It happened about 6 years ago and in one spectacular 90 day period, three large clients got better offers and tendered their resignation from our firm’s service.

My first thought was, “holy #%^! Now what do we do?” However after about 24 hours of worry, being really pissed off and examining every aspect of the relationships, I realized that lack of loyalty, even to us with a 93% retention rate, was just a sign of the times and that it was ‘just business”. We had done nothing wrong, in fact, the clients even said to us “there’s nothing wrong with your service, we just have a deal we can’t pass up from another vendor who offers something you don’t”.

Being an entrepreneur I immediately wanted to know what this ‘something’ was that we didn’t provide.  Read More→

RESET your life, it’s never too late.

Tuesday, March 2nd, 2010

Lately with all of the media hype about the ‘lousy’ economy…yes I said hype, I frankly don’t believe the majority of the stuff that’s put forth as news, but that’s for another article.

I am sympathetic to the facts that there are certainly geographic areas and industries that are hurting and thousands of people that don’t have employment but the economy as a whole seems to be working.  Planes are full, restaurants are bustling, movie theaters are packed, store parking lots are jammed and people are spending money… just differently.

These realizations were actually the catalyst for this article.  In this ‘New Economy’ as Dan Kennedy calls it, people have an unprecedented opportunity, in fact an obligation, both personally and professionally to take advantage of and claim their ticket to ONE FREE ‘do over’ if they are unhappy with their current circumstances.

For more than a decade now, we have taught a course called RESET Your Organization Read More→