June 24, 2009
MN Employees: Do you want more money and a bigger salary or paycheck?
Teach yourself and your boss why you should be paid more.
The epic tale of the salesperson and the website that would not sell
I recently spoke to a salesperson for a global company. His company still has not entered the Internet age. They have a website, but they really don’t see the value in having people come to it, because they have no search engine optimization and no keywords – in other words, when you search for their service on google, they are NOWHERE to be found. This means all the potential new customers go somewhere else.
Now, I told this salesperson that he needs to own responsibility to fix this problem. He wasn’t convinced, so I asked him, how much would it be worth in additional sales? He conservatively answered in the high 6 figures. Needless to say if he made all these sales himself, it would mean a significant income boost for him also.
So then, the next question is, how much for search engine optimization? Conservative estimates are in the three to four figure range.
So, um, let’s see, for thousands of dollars, he can receive a million dollar benefit? Or possibly more?
I told him that what he needs to do is own the responsibility for the website marketing in exchange for the leads.
Out of that, he could offer to give the additional sales to the other people on his sales force. Remember, we’re talking about him personally investing his own money in the marketing and promotion of the website for a 6 figure payoff. If he wanted to, he could sell those leads to other sales people or take a percentage as a fee for managing the website.
But again, why not? Look at the math. It’s worth it to him to start doing this immediately.
Will there be some challenges to convince his managers to let him take responsibility of the website? Probably. However, he’s a salesperson for pete’s sake. He needs to sell the benefits, which include the company no longer has to pay for a website that they really don’t care about and haven’t gotten results from. They only care about sales, which is what his job is. That’s what he offers. “You give me control of the website, I’ll give you more sales.” Period.
It’s called aligning to common interests in sales-speak.
Now forget about him, let’s talk about you. What do you bring that is of immediate value to yourself and to your company? What do you bring to your customers? Can you start bringing in more clients? Would your company appreciate it? Would they appreciate it enough to pay you more?
If not, then would your company’s competition appreciate it more? IE would they appreciate it enough to pay you? Maybe you’re working for the wrong company.
Never forget there’s more companies to work at than there are people like you who bring real value.
Learn more about leadership and value at http://srkinc.com and learn about making a difference at http://quantumcommonwealth.com
Alan Hill
(612) 819-1803
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Posted by alanhill
June 23, 2009
Business Leaders: Are you worried about the economic impact on your business?
Management Trainers: Is this your best opportunity to create value for your company?
“To whom much is given, much will be expected”
I always loved that verse in the bible. But as you will see, I have a MUCH different take on it.
Most of us tend to think it implies those who have all the benefits of a wealthy income and lifestyle have an obligation to give back. This is not a bad idea. Trusting in someone to reach down to those who are disadvantaged is a great idea.
But what if you’ve not been given all the advantages? What if you’ve only been given dis-advantages… what can be expected of you?
I have been given much adversity – how much will be expected of me?
Likewise, you may be experiencing some adversity in your business or work. How much is going to be expected of you?
Here’s the point: What are you learning? Some may learn “that which does not kill us, makes us stronger’. That’s a great lesson, especially given some of the hubris of our last economic boom in America.
It’s also true that we learn a lot of value… real value… when challenged by adversity. This might be expected of you to help your company during this economic downturn.
But what happens when you’re given more than just a little adversity? Or perhaps more adversity than your peers? What then will be expected of you? How much more could be asked of someone in those circumstances? Yet still, it rings out… “To whom much is given… much will be expected”
For me, a part of that answer is in teaching others to recognize the value of adversity. To do more than just learn from challenge and change, but to go the extra mile and actively seek it out. Welcome adversity and change. A question I ask myself is: ‘How much a better person would I be if a little adversity is beneficial?” And then “how much better would I be if there were more adversity?” and finally I ask myself “How much better would I be to others if I learned from THEIR mistakes and adversity, not just my own?”
Ultimately, “How much better would I be to the world if I taught this perspective to others… to learn from others mistakes and challenges as well as my own?”
What would the world be like in 10 years? 20 years? 50 years?
I have a lot to teach from my adversity. What do you have to teach from yours?
Alan Hill
612) 819-1803
http://srkinc.com
http://quantumcommonwealth.com
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Business Opportunity, Business Rules, Business Transformation, Company Rules, Employee Training, Executive Coaching, Innovation, Leadership Coaching, Leadership training, Mentoring, Minneapolis CEO, Minnesota Entrepreneur, New MN Business Owner, Transformation, Transformational Companies, business development | Tagged: Alan Hill, business coach, business development, Business Rules, Business Transformation, employee development, employee traing, executive coach, leadership coach, Leadership systems, management systems, Minnesota, Minnesota Entrepreneur, MN, profit, talented employees, values, vision |
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Posted by alanhill
June 17, 2009
MN Executive Coach reveals how to solve system problems
Did you know your business is a series of systems … all linked together?
This troubleshooting process allows you to perform each step in isolation. Oftentimes problems in systems are intermittent, which may trick you into believing that you’ve solved the problem only to have it reappear later.
Requirements:
This process requires you have a system diagram of all component parts or at least a complete understanding of the parts of the overall system and how they integrate together.
You will also need an escalation list of people, teams, departments that are responsible for systems connected to yours.
Process
C – Confirm
I – Isolate
R – Resolve or attempt to resolve
V – Verify resolution has solved the problem
E – Escalate to another if resolution process fails
Confirm – This step asks you to ensure you can recreate the problem consistently. Once you can recreate the problem consistently you can more readily isolate (the next step).
Isolate – This step requires the system diagram. Systems are usually designed in a linear or ‘chain link’ fashion, which means each component is linked to (or dependent upon) 1 or 2 other components before it. This uses the old ‘garbage in-garbage out’ idea – if you’re having trouble with the output of a particular component, look at the components that are connected before that component and also component in question.
One easy way to perform this step is to temporarily replace the component or modify the procedure and then re-confirm the problem (the previous step) disappeared.
In human systems you can ask the person to ‘imagine… for the sake of argument…’ an alternative idea, feeling, response or thought. This allows the person to ‘try on’ or ‘swap out’ one thought, feeling or response for another.
Resolve – Once you are sure you’ve found the root cause, replace the faulty component or procedure. In business systems, this might mean you improve, change or delete the procedure. In human systems ask the person to try a 30 day experiment – where they agree to act as if this new thought, feeling or response is a normal response. The agreement is after 30 days if they don’t like the feedback they get from the new behavior then they can go back to the ‘old’ way of doing things.
Verify – This step is important and overlooked. It’s more than just rebooting the system or declaring the ‘problem is solved’. It includes monitoring for a period of time to ensure the system is stable. If the system is not stable, you may either go back to the Confirm step or Escalate (the next step).
Escalate – Systems operate within systems – which means they have isolated inputs and outputs. Therefore the entire system may be getting an input that needs to be fixed. Computer systems may be getting incorrect data from a database. Human systems may be getting bad information. If the source of the fault is outside of the system, then escalate using the escalation list.
This process is a simple method for continuous business improvement. You easily implement this by teaching it to your team with instructions to place blame on the process, not the people. Teach them to use this method everytime there is an irate customer, a product delay or other business problem.
Here’s a secret, you don’t have to wait until something is broken to use this process and improve things.
Check us out at http://quantumcommonwealth.com for more great ways we can help you grow your business.
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Posted by alanhill
June 17, 2009
Entrepreneurs – do you have the Executive Coaching to know if your idea will sell?
How can market research uncover what your customers really want?
How can you do this BEFORE investing any money in a patent or business plan?
The best answer I ever received came from Margaret Thorpe from the Univ of St. Thomas Small Business Development Center. Took her longer to explain it to me than to do the research and find out the answer.
1. Identify the industry you are targeting as your customer.
2. Find out the big trade assocation(s) in that industry.
3. Research their annual convention keynote speech (web or trade magazine).
4. In that speech there is always 2 slides…
A. What are our top challenges this coming year
B. What are our top solutions for these challenges
5. If your product or service fits in with B. you have a winning product or service. if not, try another industry.
As a business development specialist in Minnesota, I’ve used this to help lots of entrepreneurs know if they have a winning idea before they invest any money. I advise them to do this quick study first before they even apply for patent protection because it’s so quick to do.
If you want to discuss further, please don’t hesitate to contact me. My website has my contact information.
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Posted by alanhill
March 6, 2009
Leaders can be made. What roadblocks are you creating as a leader?
How do leaders make ‘it’ happen?
Hard way: do it yourself (not a leader)
Easy way: Through others.
What to do? Show them what you are doing and why. Leaders have sincerely told me that ‘you can’t teach people to ‘get it’”. It is often defined as the capability of ownership or initiative. Often called the essence of leadership. Once we explore what ‘it’ is, invariably we find out there’s a process for helping people ‘get it’ and it’s quite simple. Tell them what they don’t ‘get’.
I call the leaders attention to the process of simply telling others what they see and inviting everyone else to see it makes the entire process easier.
Does this work for everyone all the time? Of course not. Underneath this all requires a willingness on the part of the leader and the followers. If someone is unwilling to ‘get it’ or if a leader is unwilling to share what they ‘get’ then there’s not much chance of success, if any.
How exactly do people get it? The process of asking ‘why?” ‘Why would they say that?” “Why would they do that?” “What did he mean by that?” “Why is that important to them?” This defines context, creating purpose and meaning to the actions. The benefit of this is the ability to create leaders out of employees, regardless of their role in the organization.
Sometimes leaders ask how something so simple could be so effective. I invite them to notice that this is the exact internal process they use to spot challenges and opportunities. This makes ‘leadership’ much less of a mystery and art. It becomes a skill that can be transferred and taught.
If you are willing to experiment, try inviting your team to ask ‘why’ for 30 days. Before you do this, assess their current level of initiative on a scale of 1 to 5. Look for evidence of increased initiative during the 30 day period and then re-assess. You will notice that this simple technique is an effective way to make leaders in your organization.
Alan Hill is a business and executive leadership coach in Minneapolis, Minnesota with ActionCOACH, the world’s number one coaching company. If you would like to learn more about him or to contact him for a private consultation, check out his website at http://actioncoach.com/alanhill
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Posted by alanhill
October 21, 2008
MN Business Owners - Can you be a Great Leader And Have A Life Too?
Work Life Balance Part 2 of 2
Years ago when I was in the IT field, I had just proposed a large nationwide email system implementation project to the CEO of a major construction company. There were clear benefits to improving communication in his company, and at the time (late 90’s) the case for email had already been well proven, or so I had thought.
During the discussion the CEO hesitated. When I inquired about his concerns, he told me something that I have found very insightful and eerily predictive of the way technology robs us of our time and distorts the supposed work life balance everyone seems to desperately crave.
Before I divulge what he said, I want to ask you if you’ve noticed manager level people with blackberries all text emailing back and forth. If you ask them, as I have, who they are communicating with, it’s not their family, its their team. Why? It’s usually to keep informed on something that’s going on, or even in some cases, to make sure nothing is going on. What does this say about that managers’ ability to have trust and confidence in their team? What does this say about how they see their role in the company? Are they a babysitter?
This CEO had commented that he wasn’t sure his company was ready for email, because he spent a lot of energy creating a company culture of self-reliance, of people who could be trusted and counted on to do their job and make the right decisions and were relied upon to do so. His concern was that with email it’s far too easy to cc: your boss on any particular email.
Once you start down that slippery slope as a company, you’re not too far away from getting the boss’s opinion before you make a decision. From there, you’d better be waiting for the boss to get back to you on any decision. So what do you do when the boss is away? Whew! Good thing someone invented Blackberries! Now no matter where the boss is, home, family, flying, whatever, we can easily and confidently contact them.
It would be better for us as a society and as companies that we have technology to instill backbones in our teams. Then we’d have to change our focus from having strong leaders to having strong followers. Perhaps we put autoresponders on all manager’s emails that say ‘I’m out of the office, you’re entrusted with this decision, what do you think is best? What do you believe I’d decide?”
Imagine a manager with a team that respects their family time on the weekend and does not interrupt them. Imagine this team carefully considering what the manager would want in a particular decision and act accordingly. What kind of powerful companies would we have then?
The essence of leadership is not an ability to make decisions. Nor is it actions, nor is it vision, mission or influence. The essence of leadership is to make leaders out of followers. This is how leaders create balance, for themselves, their team, their customers, their company and their community.
Alan Hill is a business and executive leadership coach in Minneapolis, Minnesota with ActionCOACH, the world’s number one coaching company. If you would like to learn more about him or to contact him for a private consultation, check out his website at http://actioncoach.com/alanhill
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Posted by alanhill
October 21, 2008
MN Business Owners - Can you be a Great Leader And Have A Life Too?
Work Life Balance - Part one of two
In the recent BNET article/blog titled “Be a Great Leader – and Have a Life,” the author talks about the importance of the four domains: 1) Work, 2) Home, 3) Community, and 4) Self.
If you label yourself as a successful leader: how DO YOU DO IT? What works for you? The article may work in theory, but does it work in practice?
I have a different perspective than most.
First it requires we forgo the notion that amount of time spent in each domain equates to balance. Perhaps a person is most beneficial to society by spending most of their time as a business leader because they are positively impacting many more lives than that of their family. Or perhaps they are more impactful as a father teaching one person how to golf (Tiger Woods). I believe our balance should be measured in contributions, not time.
When I was a corporate leader I did what was necessary to support my team. Many long hours were required. What came of that investment was a perpetual mentoring program that continues to give employees the opportunity work to promote themselves on a technical path.
My work life balance came in the lessons I learned and the mentor skills I developed as a result of that time invested. Now I am able to leverage that investment of time with many other businesses, just like a programmer writes a program once and people use it many times over.
I find it more beneficial to impact many more lives as a result of having spent what some consider an enormous amount of time to obtain an ability to quickly give benefit to many customers. Did I have balance then? Some would say no because I spent so much time at work and not at home. However, what if I write an ebook of my lessons and share that with the world? Would the time that others save in their work so they can be with their family be considered a part of my ‘balance’?
I submit that balance has to be considered in the scope of an entire life. Our tradition in America is to retire at age 65. Why wait so long? Why not develop a recurring revenue stream (or several) based upon our experiences, regardless of how much time we spent developing them? Then we would be able to retire whenever we want. Would this be considered balance because you’re taking away time from your family?
As an example, Bill Gates does not have to work for a living, but he spent a bunch of time building a company that we all benefit from. When you consider the time he saved us (forget about buggy software for a moment) does that balance out the time he invested? Consider that he is now in charge of a foundation that positively impacts lives around the world. Does that balance out the countless hours he spent away from his family?
Conclusion: When you measure work life balance, weigh in the amount of future return you and others will receive for the balance of your investment in your life’s work. Considering the return will help you determine if this time is worth the investment.
Alan Hill is a business and executive leadership coach in Minneapolis, Minnesota with ActionCOACH, the world’s number one coaching company. If you would like to learn more about him or to contact him for a private consultation, check out his website at
http://actioncoach.com/alanhill
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Posted by alanhill