Time to Switch

 

Thanks for following me here for so long. I’ve made the decision to incorporate my blog into my main website. I hope you will follow and continue reading! 

You can find the blog right here:

www.IDiscoverConsulting.com/blog

I look forward to catching up with you on the other side! 🙂

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This Week’s Must Reads

Hey everyone! As you know, I like to start the week with a good roundup of some of the Reading 16best articles I’ve come across in recent days. I like to look for articles on leadership, marketing, customer relationships, branding, technology, strategy, etc. that will be of interest to business owners and leaders. So, here’s this week’s summary of must-reads:

  • Should companies in mature industries focus on fringe customers (w/ flexible or no loyalties)? bit.ly/2bDP2hg
  • Don’t make these mistakes when bringing your products to market: bit.ly/2bolq8r
  • The secret to better conversations by rebalancing them: on.inc.com/2blbPzf
  • This methodology tries to help you find your most valuable #customers: whr.tn/2bhfcWf
  • When does a startup stop being a startup? for.tn/2bGTdJD
  • How different customer types (utilitarian, emotional, and fanatical) MUST be treated differently: bit.ly/2bgIeFx
  • Premium customer care begins with premium employees: bit.ly/2bNDfKJ
  • Interesting story about how a company used data to relook at their #customers‘ journeys: bit.ly/2c3xhKj
  • Some surprising (but science-backed) ways to improve your decision-making: bit.ly/2bSzkj9
  • A few ideas for fine-tuning your email marketing: bit.ly/2bSi9yh
  • No, your startup may NOT need outside funding. Here’s what you can do instead: entm.ag/2bMwiL7
  • IPO index is up; are investors ready to start taking on more risk? read.bi/2bAJLan
  • Make sure your content has entertainment value: on.inc.com/2bAyYgD
  • Here are some mistakes you might be making with your content marketing: entm.ag/2b9Xyqj
As we close in on the fourth quarter of 2016, I was thinking a lot about how the year will come to a close. Have we reached our goals? Have we lost sight of what our strategic goals for the year even are? Is it possible to end the year on a strong note? Of course! And I shared a few tips along those lines:
  • Get your staff focused on the one primary strategic goal for Q4. The coach doesn’t win on the field, the players do.
  • When planning your strategy for tackling that big Q4 goal, remember to plan around the holidays.
  • Make sure your team clearly knows that top strategic goal you’re targeting for the rest of 2016.
  • Look at your goals for 2016. What is the one biggest goal you haven’t achieved yet? Develop a Q4 plan for achieving it.
  • 2016’s Q4 starts soon. Plan your strategies now for finishing 2016 strong.
 I also wrote my latest blog post about that issue. I argue that you and your company can still end 2016 strongly if you focus on a key unachieved goal in 4Q. I’d love for you to read and react to my last post, “Finishing 2016 Strong” and let me know what you think.
______ . ______
Well guys that’s it for today. Enjoy your reading. Leave a comment on the blog. Be sure to share this post and the blog with your colleagues. Have an awesome Monday and a productive week!
Posted in Business Growth/Strategy, Competition, Culture, Customer Experience/Relationships, Innovation, Leadership/Management, Small Business, Uncategorized | Tagged , , , , , , | Leave a comment

Finishing 2016 Strong

 

Finish LineAs Q4 races toward us (Next week! Yikes!), it’s a good time to step back and look at where we are strategically this year. Most of us still have 2016 goals that we’d like to achieve. It’s not too late. With three months left in the year it’s going to be about highlighting the key goal(s) still left and focus your business on achieving them.

Here’s how I would recommend going about it.

1. Assess where you are.

Be honest. Look back at your key goals (hopefully there were only an important few). Have you met them? Are you making progress toward them? You have to begin by being open and honest about where your company stands.

2. Identify the 4Q top goal – preferably one

Of the goals that are left unachieved, identify the most important one. What is the one goal that will make the most positive impact on your business? A good practice is to do this as a leadership team. You might, as the business’s leader, have an idea about what the main priority should be for the rest of 2016; but really it’s better if you do this as a team. Get everyone on board and in agreement. Look at that goal carefully. Be crystal-clear about how achieving this goal will impact your business. In short, know why this is important to the future of your company.

3. Develop a strategy

Make sure (you should already have this but….) and be clear about how you are going to measure success. It’s critical that you know where you stand and develop a strategy (or a set of strategies) for getting your company from Point A to Point B. Brainstorm with your team. Arrive at a solid strategy that your team is in agreement with.

4. Share it across your organization – and create an execution plan.

Think about how any strategy gets achieved. Is it you the business’s leader. Maybe a little. Is it your leadership team? Yes, they of course play a part. But who makes that day-to-day progress driving toward the goal? It’s the people on the ground. The front-line people. The transaction people. The workers. The delivery people. The receptionists. Just as our workers are the backbone of our economy, they are also the backbone of your individual business. So, let’s not keep them in the dark. Let’s be clear. Let’s get them on board. Let’s get them excited about the goal. Let’s get them focused on this strategy and their place in it. The coach doesn’t win on the field, the players do.

5. Celebrate your success

When you hit that goal, when your Q4 is successful be sure to step back and celebrate what you and your team have achieved. Whether it’s a party, whether it’s bonuses, whatever it is for your business, find a way to acknowledge that the team stayed focused, pulled together, and made a key strategic goal happen.

So, you think 2016 is whizzing by you and your business? Some goals have been nailed. Some are still unmet. Some are in progress. But Q4 is essentially here. You can make it a great quarter for your team. You can identify and knock down the most-impactful goal left to make positive change for your business in 2016. But you need to take some time to get focused on just what that goal is and how you and your team will go about achieving it. Come January you’ll look on Q4 with a big, fat smile on your face. How will that feel? 🙂

______ . ______

Make sure you get your company focused on that biggest goal, so you can finish 2016 strongly. Sometimes it also takes some help to get it all done. Please feel free to reach out and get in touch and let’s explore how I can help you and your business succeed.  No pressure. Just an informal discussion to explore some ideas. You can reach me at (713) 907-8429 or BCohen@IDiscoverConsulting.com.

I hope you are enjoying these blog posts If so, please help spread the word. Tell others about IDiscover Consulting Group and IDiscover Journal. Share these posts. Comment on them. I’d really love to hear your ideas!

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This Week’s Must Reads

Hello again everyone! I hope you had a great weekend. ups was mostly filled with back-to-school Reading 08stuff. Fun, right? Anyway, as always let’s start the week with a roundup of the best articles for business leaders I came across recently.

Last week I was thinking quite a bit about how our businesses have personalities much like we do personally. And we need to cultivate those personalities proactively and broadly across our various communication channels. Here are a few tips I shared throughout the week:
  • When strategizing about your company’s personality don’t forget those everyday interactions like phone calls, emails.
  • Think about business “personality” as that layer that helps your target audience REALLY know you…if managed well.
  • Define your brand before you tackle social media. Your “voice” there must be consistent with your brand.
  • Some of the best ways to share your business’s personality is to showcase it in social media and content marketing.
  • Every business has some form of a “personality”. Develop a strategy for proactively cultivating yours.
And I extended my thinking a little further in my latest blog post. I hope you read it, tell me what you think, and share it. You can read it here: “Letting Your Business’s Personality Shine Through“.
______ . ______
Well guys that’s it for today. Enjoy your reading. Leave a comment on the blog. Be sure to share this post and the blog with your colleagues. Have an awesome Monday and a productive week!
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Letting Your Business’s Personality Shine Through

Sometimes it’s hard for us to ascribe human characteristics to nonhuman entities likeSun shining through a forest businesses. But, you know, often they do have these characteristics – and it makes sense to think about organizations in this way. One of these traits is “personality” – that set of characteristics that often influence the way we see people. A business also has a set of characteristics that make up it’s “personality” and help define how those outside the organization view it, react to its brand, and interact with it.

An organization’s personality is derived from its foundational core values and mission. The organization’s brand is derived from that foundation – and its personality can be thought of as the way the brand interacts with the world around it. Think about “personality” as that layer that sits between the internal and the external and which helps the outside understand the inside (if managed well). And manage it we should.

 

Think about people you know (those you like and those you don’t). What words do we use when we talk about a person’s personality? They are fun, happy, irresponsible, morose, hardworking, trusting, trustworthy, loyal, humble, difficult, adventurous, boring, flaky, social, unsocial, funny, witty – and the list can go on and on.

Now consider companies and organizations you like (or don’t) – Apple, the IRS, McDonald’s, Shake Shack, BMW, Ford, Home Depot, a local restaurant, a small retailer in your neighborhood. Every one of them has some form of a personality. And I’ll bet within 60 seconds you can list at least ten adjectives to describe it.

Now let’s flip the exercise around. You are a business leader. What would be the ten adjectives you’d like your most important target customers and prospects to list? And (be honest) are they the ones you think they will list? Why or why not? Are you doing anything proactively to manage their perceptions? (Now this is getting a little deeper isn’t it?)

Managing your business’s personality can make a BIG difference in your success. It just makes sense, right? We strive to be around people we like, people we affiliate with, people we respect and whose values we understand, people we feel like we know. In a lot of ways businesses are no different. Consumers look for ways to interact with organizations that meet their needs and have an engaging personality. So, what steps can you take to create and cultivate your business’s personality?

  1. Develop an authentic voice – base it in your core values and your brand definition. This should include a carefully-designed target audience – and their­
  2. Consider all the ways you interact (or can interact) with your audience – marketing, content, website, social media, in-person, via telephone, etc.
  3. For each type of interaction think about how you can shape your personality in the minds of your audience. A well thought out editorial calendar helps. And assign individuals responsibility for each piece. And don’t forget those everyday interactions we seem to take for granted – calls on the phone, emails, the tone of our website, and others.
  4. Spread the word. Make sure your team understands what you are trying to create – and how. Put a set of guidelines in place.
  5. Periodically step back and reevaluate how this is going. Include measuring how your target audience perceives your organization. Make adjustments as needed.

Go though the process and see how those audience/prospect/customer adjectives change. Like most important, strategic shifts it won’t happen overnight. But keep at it. Stay focused on that personality and the “voice” you use to communicate. 

______ . ______

Being a business’s leader is never easy. Creating a vision takes creativity. Sharing that vision takes guts. Sometimes it also takes some help. Please feel free to reach out and get in touch and let’s explore how I can help you and your business succeed.  No pressure. Just an informal discussion to explore some ideas. You can reach me at (713) 907-8429 or BCohen@IDiscoverConsulting.com.

I hope you are enjoying these blog posts If so, please help spread the word. Tell others about IDiscover Consulting Group and IDiscover Journal. Share these posts. Comment on them. I’d really love to hear your ideas!

Posted in Business Growth/Strategy, Communication, Leadership/Management, Marketing/Branding, Small Business | Tagged , , , , , , | 1 Comment

This Week’s Must Reads

Good morning everyone! I hope you had a nice weekend. We sure did here. We celebrated my oldestReading 28 daughter’s confirmation at church and got to visit with family. Very nice!

Well, as I always like to do, let’s start this week with some of the best articles from the last week or so – and, yes, some tips and insights from me as well. Enjoy! 

  • Some of the more-common crises your company might face – and how to deal with them: bit.ly/2bmdUc5
  • Thinking about using Facebook ads? Here’s an awesome guide to tackling them:bit.ly/2bcXqkU
  • Here are some avoidable mistakes that might be hurting your email marketing:bit.ly/2bcWo8I
  • When your startup gets bought by a big co. get ready for some BIG changes:bit.ly/2aOTbuD
  • Wendy’s CEO: election weighing on consumer sentiment. His follow-up argument more likely: read.bi/2b8rjWE
  • Do companies lean toward CEO candidates with stronger interpersonal skills (vs. qualifications)? bit.ly/2b1MUhV
  • New leaders should have 30-60-and-90 day plans to create results: bit.ly/2b6s6aF
  • As a leader, you need to develop an “outward” mindset (seeing others goals, needs, etc. matter): bit.ly/2aVDlSD
  • The secret to customer relationships may be to “have them be “infatuated” – over and over again: bit.ly/2aGnP9S
  • Shake Shack sales results miss badly. A company brand extension strategy gone wrong? read.bi/2aNC27V
  • Motivating stories, values, codes of conduct are critical to a customer-centric culture: bit.ly/2aSta1l
  • Should YOUR company be using value-based #pricing? Are you leaving money on the table? bit.ly/2b6oNQI
  • Why the BEST employees quit (even when they like their jobs):on.inc.com/2b3H3qQ
  • The keys to building customer and sales prospect trust: entm.ag/2aIXCKw
  • When building your email list, here are some good ways to welcome your new subscribers: bit.ly/2aOQgWx
  • Here’s what the predictors of the future of user experience are getting wrong:bit.ly/2aCFzD6
  • My friend and respecte colleague at Resonance Content has written a new book on how to win at content marketing – and it’s ready for pre-order! Be sure to check it out! bit.ly/2b8DvH1’s
  • Some ways to look at the decision about whether your next hire should be an employee or a contractor: bit.ly/2b8Bsmk
  • Wal-Mart confirms $3 bilion purchase of Jet.com. Feels very dot-com-era-like to me:bit.ly/2aGqIgz

Last week I was thinking quite a bit about the things that hold our companies back; the things that limit the growth of our companies. I shared a few tips I shared on social media:

  • Take a step back and identify which factors are limiting the growth of your business.
  • Be honest.  Is your mindset about what’s POSSIBLE (or been done before) limiting the growth of your business?
  • A good way to kick-start business growth is to leverage existing customer relationships.
  • Consider what changes you would make to help your business grow if you had unlimited resources.
  • Identify ways YOU as the leader might be getting in the way of your business’s growth…and make changes.

And in my latest blog post, I dug a little deeper into one of the key behaviors that might be holding your company back – your mindset, your lack of a bold vision. I’d love for you to read “Is Your Lack of Vision Holding Your Company Back?” and let me know your thoughts.

______ . ______
Well guys that’s it for today. Enjoy your reading. Leave a comment on the blog. Be sure to share this post and the blog with your colleagues. Have an awesome Monday!
Posted in Business Growth/Strategy, Customer Experience/Relationships, Leadership/Management, Marketing/Branding, Small Business, Summaries | Tagged , , , , , , , | Leave a comment

Is Your Lack of Vision Holding Your Company Back?

Your business’s growth may have stalled or just may not be growing as fast as you might Roger Bannisterlike. It’s natural to ask why? As the business’s leader you want to know what’s getting in the way. What’s limiting (or even blocking) your business’s growth? Sometimes it’s obvious. Sometimes not. One thing I’ve noticed over the years is that one limiting factor is almost always at play – a lack of vision. It’s time to ask yourself is your mindset is holding your company back. 

So often I see companies with a limited vision about what’s possible. They are primarily held down by the past – how things have been done, the results obtained before, etc.

I’m sure you’ve heard this story before. In May 1954, Roger Bannister ran a mile in three minutes 59.4 seconds. Until that point it was thought that the 4-minute barrier was impossible for humans to break. It was commonly believed that the human body wasn’t capable of that speed. Until it was. And you know what? Forty-six days (yes, days) later Bannister’s record was broken. Within a few years many would break that mark that was previously thought impossible.

It turns out the culprit, the barrier, wasn’t the entire human body, only the brain. When people’s mindset changed, so did their goals. Is your business mired in that same mindset. We’ve never made X amount of money before, so how would we ever do it? We’ve never sold that new product before, so why would anyone buy it from us now? We’ve never entered a new market in under X days/weeks/months so how could we now? It can ALL be done with the right mindset.

It begins with a vision. Not a boring plan or a textbook-derived strategy… a vision. What can be done. And honestly some of the best visions are the boldest. These visions suggest doing things that others commonly believe can’t be done.

A few years back I was advising the CEO of a nonprofit about a variety of issues. One thing I suggested to her time and time again was the need for a broad vision for her organization. Her typical response was that she didn’t have enough money…or enough staff…or whatever. So what was the point of “dreaming”? Sigh. I firmly believe she had it backwards.

You usually don’t get the money and the resources and then dream up a vision to invest them in. No one hands you a million dollars and says “Go figure out something grand to do with it.”. Nope. This is the real world. You need to have a future vision, understand those things that are in the way of achieving your vision and knocking them down. But those barriers typically don’t come down unless you first have a clear vision for what you want to achieve.  You build a long-term vision and bring others into that vision. Then you kick down the barriers that are in your way. Develop a strategy for making the vision a reality. Find a way to get the money. Bring on resources in a creative, effective, and efficient way.

So, today I encourage you to step back and look at your vision for your business’s future. Do you even have one? It’s so easy to be caught up in the day-to-day that we just forget. Or sometimes we feel that without unlimited resources we can’t achieve a old long-term vision. Wrong. Build a vision. Get others on board. Kick in some doors. See what you and your team can achieve together!

______ . ______

Being a business’s leader is never easy. Creating a vision takes creativity. Sharing that vision takes guts. Sometimes it also takes some help. Please feel free to reach out and get in touch and let’s explore how I can help you and your business succeed.  No pressure. Just an informal discussion to explore some ideas. You can reach me at (713) 907-8429 or BCohen@IDiscoverConsulting.com.

I hope you are enjoying these blog posts If so, please help spread the word. Tell others about IDiscover Consulting Group and IDiscover Journal. Share these posts. Comment on them. I’d really love to hear your ideas!

Posted in Business Growth/Strategy, Leadership/Management, NonProfit, Small Business | Tagged , , , , , | 1 Comment

This Week’s Must Reads

Hello all! I hope you had a great weekend. As always I like to begin the week by sharing some of theReading 12 best articles I have come across over the last few days (along with some of my own stuff). Happy reading!

  • Valuations for later-stage software companies may be down 30-40% since 2015: bit.ly/2aB6KDJ
  • Thinking about using Instagram Stories for your small biz? Here’s how you might go about it. bit.ly/2aNMpYP
  • Economic mixed signals lately, but solid jobs report on Friday. Non-farm payroll +255K, expected +179K: on.wsj.com/2ar4Boy
  • Beware these branding mistakes that could KO your startup: entm.ag/2b6s3cm
  • Are you a freelancer/solopreneur who’s squandering your inherent advantages? bit.ly/2b5LUbB
  • Management and employees serving the community together can be a great way to build your company culture: bit.ly/2aVL5pK
  • Look for ways to use fun, engaging customer experiences to build brand awareness and loyalty: bit.ly/2axOwAO
  • Want to grow as a leader? Tackle these tasks outside your comfort zone: entm.ag/2asXbCK
  • Ever have trouble presenting a great new idea? Here are some tips to make that more effective: bit.ly/2aTlOcs
  • This article shared some great ways to lead and inspire your team: entm.ag/2axJhhK
  • What was the best career advice Tony Robbins ever got? read.bi/2axhj5P
  • Some great ideas for improving your leadership, communication skills: bit.ly/2aseBxv
  • How content marketing can drive your e-commerce biz: mklnd.com/2aKnTdP
  • So many of us can improve our negotiation skills. Here are a few exercise that can help: on.inc.com/2apbvKv
  • Interesting article about how subject matter experts can get caught in a “technical comfort zone”: bit.ly/2afTqPy
  • Is it possible you are addicted to marketing? Could THAT be what’s making your biz struggle? entm.ag/2aK4E3E
  • Being resourceful and making the most of your current situation is what leads to success: bit.ly/2aJEEWA
  • Science says not to be so quick to trust your gut about people: on.inc.com/2aLy6Dz
Also, last week I was very focused on the issue of clarity, being a leader who hears the “real” story about what’s going on in your business – good or bad. I shared a few tips along those lines:
  • Let employees know that you’d rather know the truth than to ignore significant issues that can drag your biz down.
  • Be sure your financial processes are designed to provide an honest and accurate picture of your financial condition.
  • It’s critical to have a plan for keeping your finger on the pulse of your customer relationships and loyalty.
  • Make sure you are running your business w/ a dose of realism about your brand, financials, customer relationships, etc.

And my last blog post went into some detail about why this is so important, what to look for, and how to get and deal with that information: No Surprises: Face Issues Head-on. I’d love to hear your experience with this. Please share any thoughts you have.

______ . ______
Well guys that’s it for today. Enjoy your reading. Leave a comment on the blog. Be sure to share this post and the blog with your colleagues. Have an awesome Monday!
Posted in Business Growth/Strategy, Communication, Leadership/Management, Market Research, Small Business, Summaries | Tagged , , , , , , | Leave a comment

No Surprises: Face Issues Head-on

It’s natural. We like to hear good things, not bad. We like to hear that someone knows and Head in Sandlikes us. If they don’t, well maybe we’re not in such a  hurry to hear those. But we should.

Having worked with many business leaders over the years I have seen this behavior all too often. When we help a client collect customer and market feedback, leaders want to be protected from hearing uncomfortable truths. In fact, more than once I’ve had business leaders ask us not to ask specific questions. More often than not, they are motivated by the fear that the data might not be positive. C’mon people, really? My typical response is to ask them consider if not asking a question makes the issue not exist? Just because you don’t ask is a customer is happy, can you infer that they are. Of course not. If you neglect to ask someone in your target market how aware they are of your brand does that mean they are keenly aware of it? Of course not. A difficult issue may or may not exist; you simply don’t know about it. You can’t then pursue changes and improvements.

As a leader I propose that you pursue a culture of openness. Knowing the truth (no matter how difficult to hear) is a much better approach/stance. Here’s where to look.

Customer Relationships

Is there anything more important than keeping your finger on the pulse of your customer relationships? I think not. And yet companies often avoid some of the most critical elements of those relationships. We’re fearful of what people will say.

Honestly it’s like any other human relationship. It may be on solid ground or not. And sometimes even if we suspect things are not quite healthy we’re afraid to ask. But it’s always better to know. Then we can deal with any problems or issues. We can pinpoint areas of particular importance to customers and perhaps where our performance is struggling. We can put a plan in place to make things better.

Yes, sometimes that means bringing the relationship to an end. For a business, this might be a customer or client that is not squarely in our target market and/or is not a profitable customer. It’s better to know that status of these relationships, so we can make intelligent, conscious decisions about next steps to take. Not knowing leaves us (blissfully, I guess) in the dark – which could be a costly lack of knowledge.

Brand Awareness

We like to think everyone (at least everyone that should) knows about us. News-flash! It may or may not be true. We live in a bubble sometimes. We are so engrossed in our own companies, so tied up in our day-to-day that it’s hard to imagine anyone NOT knowing about our great company that can bring so much value to our target customers. But, alas, it’s often true. And we need to know about that. Having accurate information about awareness (and perceptions) of our brand will help us adjust to assess our existing marketing and promotional strategies and budgets – and make changes accordingly. Not knowing? Well, we’ll just keep making assumptions that things are working and that everyone loves us. Do yourself a favor, research this all-important issue. Carefully identify your target market and ask them what they know of your brand and what opinions they have about it. Know if there’s a gap (and there almost always is) between what they know and perceive and what we’d like them to know and perceive. Implement changes to bridge that gap.

Financial Condition

It’s easy to let this one get away from you. As your day-to-day business operation gets busy, looking at the details of your financial results may fall by the wayside. After all, it feels like things are busy and money’s coming it. The problem? You may be running smack into a cash crunch. Be careful. As I’ve stated before on this blog, cash is truly king. I’ve seen cases where companies feel that things are going well. The company is growing, money is coming in the door, and new customers keep showing up. Sounds idyllic, huh And it can be. Or our seemingly positive financial condition can be deteriorating right under our noses.

How can that be? Providing products, services, and/or customer support to customers may be costing more than they are bringing in. Marketing, sales and other administrative costs may be growing too fast and squeezing our financial condition. Trust me. There are plenty of ways to run out of dollars when you feel like things are going well. It’s key to have reporting and measures in place that get to the heart of your true financial position – and watch them carefully.

Employee Relations

Every now and again we can just sense that something’s wrong when it comes to employees. Water cooler gossip. Disagreements. Rule-bending or breaking. Missed deadlines. Increasing turnover. Customer service quality drops. Product and service quality suffers. There are tons and tons of signs. An experienced exec can begin to sense these things. And sometimes we like to turn the other way and pretend (or hope?) that nothing’s wrong. We tell ourselves that we are reading too much into a situation. And since an unhappy employee team is just about the last thing we want, we try to ignore what we know in our gut is a problem.

Good leaders will tackle these issues head-on. In today’s competitive world you don’t have the luxury of ignoring employee issues. They typically get worse. As uncomfortable as it may be jumping on the issue proactively and understanding it is usually the best way to go.

Sometimes it’s hard to tell the difference between a big issue and a less consequential issue. But digging deeper into these concerns you will be able to understand them better and be able to know which category your issue(s) falls into. The one thing you can’t is ignore it and hope it doesn’t exist or that is goes away. Don’t fall into that trap. Proactively wade into areas where you suspect employees are struggling.

Competition

Is the competitive landscape in your industry shifting. Are new competitors popping? Are customers noting frustration with elements of your products or service that no longer meet their needs? Does your product/service mix feel stale? Have competitors caught up with you or begun to offer options and functionality that you simply don’t. Have the needs of the consumer changed? Make sure you remain on top of your competitive environment. Ignoring existing or potential challengers until it’s too late can leave you in a difficult position.

Products/Services

Finally, I wanted to highlight the issue of products and services and whether they are still meeting the needs of your target customers. If it’s been awhile since you launched your product/service line(s), step back and look at them. Don’t assume that they still serve the needs of customers as they always have. Don’t assume what you think are important functions are also important to customers or potential customers. Find out. Ask customers. (Duh!) Ask salespeople what they are hearing. Ask customer service people what they are hearing. and then do something about it.

Most likely your list will be longer than you want to or are able to tackle immediately. Nope. You can’t do everything at once. So prioritization is in order. Deal with those issues that are most critical. And along the way communicate with customers. Tell them what you are working on and why. Even (gasp!) let them help design, test, and redesign changes.

So what do you do about all of this. It’s a lot to think about. The key is to ensure that  you have processes in place that measure the different aspects of your business in a clear, open, and honest way. You have to foster a culture of inquiry and openness within your company. Let everyone know that it’s better to know the truth than to ignore potentially significant issues that can and will pull your company down. You want to hear what’s truly going on. It’s always better to know the truth, so you can plan and manage important challenges that may (and WILL) come your way. The health of your company may depend on it.

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Being a business’s leader is never easy. I’d love to help you investigate what’s important, measure it, and design a plan to tackle any issues. Please feel free to reach out and get in touch and let’s explore how I can help you and your business succeed.  No pressure. Just an informal discussion to explore some ideas. You can reach me at (713) 907-8429 or BCohen@IDiscoverConsulting.com.

I hope you are enjoying these blog posts If so, please help spread the word. Tell others about IDiscover Consulting Group and IDiscover Journal. Share these posts. Comment on them. I’d really love to hear your ideas!

Posted in Business Growth/Strategy, Culture, Leadership/Management, Marketing/Branding, New Product/Service Development, Small Business | Tagged , , , , | 1 Comment

This Week’s Must Reads

Happy Monday everyone. My family had nice little “stay-cation” right here in Houston. A weekend Reading 13of hotel, restaurants, hotel pool, etc. I think everybody had a great time. Now back to business. And to start with, here’s my weekly summary of some great articles from the last week or so. Enjoy!

  • This article listed some tools your small business could really use: entm.ag/2atZYyd
  • How to make your startup more professional, more mature without killing its energy and creativity: bit.ly/2aA2EtB
  • Remember these tips for how to use great content to drive website traffic: bit.ly/2ajRPLJ
  • I thought this was very interesting. It turns out that brainstorming may be a bad way to come up with new ideas: bit.ly/2akDtrR
  • Some good ideas for breaking through preconceived notions about you and crafting a solid message: bit.ly/2aKzIgn
  • When presenting information, the colors you use can make a real difference. This article discusses how to choose the most effective colors: bit.ly/2auGcCh
  • It’s always interesting o think about what makes a great company to work for a great company to work for. In short, this article says the offer employees a more meaningful, more engaging environment: bit.ly/2a4TVMk
  • Trying to understand why Verizon is buying Yahoo? They’re building a new media empire. bit.ly/2aHlGMx
  • I think this is a really useful article with tips on how to get the most from what you publish on LinkedIn: bit.ly/2arIuUj
  • This article looks inside Tesla’s updated, broader, more mature strategy (and why it just might make sense). Agree with it or disagree with it, I like how it reflects a specific vision. bit.ly/2andYrW
  • Does having a Plan B get in the way of you achieving Plan A? Sometimes by having a backup plan can be a hindrance. bit.ly/2asyOZc
  • Who made the first drone deliveries? 7-Eleven! (and, yes, Slurpees included.) Sorry Amazon.  tcrn.ch/2apBSFN
  • This article outlined a good framework for a really solid marketing strategy to follow. entm.ag/2a09B3q
  • Department stores are struggling. This article touched on how Nordstrom handling those struggles. lat.ms/2aeI9TD
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As you also know I publish some of my own ideas. Last week I was really focused on the differences between leaders and managers – and how someone can successfully make the shift from manager to leader. A few tips I shared:
  • As a leader, become comfortable being the outward “face” representing your organization.
  • One way to transition from manager to leader is to become comfortable making decisions with incomplete information.
  • Always make sure the operational decisions you make are aligned with the company’s long-term vision, strategic goals.
  • A leader demonstrates vision in a way that others will want to help make it a reality. Are you sharing your vision?
And I dug into those issues a little deeper. I shared my thoughts about how to make that transition more smooth: 6 Ways to Stop Managing and Start Leading. I’d love to hear if you have other ideas. Please feel free to leave your thoughts!
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Well guys that’s it for today. Enjoy your reading. Leave a comment on the blog. Be sure to share this post and the blog with your colleagues. Have an awesome Monday!
Posted in Business Growth/Strategy, Competition, Leadership/Management, Marketing/Branding, Small Business, Social Media, Startups | Tagged , , , , , , | Leave a comment