Business Strategies
A Strategic Plan from the Ground Up
How do you craft a strategic plan that becomes an reality
of business? You build the plan from the bottom
of the organization to meet the focus from the top.
<more>
Controlling the Future
Six Levels of Competitive Readiness
To stay a step ahead of
competition you must have a plan in place to move your product
or service up a hierarchy of competitive levels. Once you have
provided the customer need at one level, you have to get ready
for the ambush from competition.
<more>
Managing Conflict
Resolving Conflict Between Old and New Management
How does a new manager function when the founding
executive is allowed to stay on and the staff remains loyal to
him? <more>
Two Angry Sales Staffs
How do you get two competing
groups to work together as a team? Here is a case of
salespeople on the road and a telemarketing group within the
same company that just discovered they were both talking to
the same customers. How did anger and recrimination turn into
cooperation and partnership?<more>
Breakthrough Thinking
Been There, Done That. Don't Do it Again
Leveraging experience to solve
subsequent challenges can reduce mistakes, but leveraging
solutions can lead to serious mistakes. Each challenge is
unique and requires an understanding not how one problem is
similar but how it is different from the other.
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Cleaning Waste in Decision Making
Data Collection? Save Yourself the Trouble
Why spend up-front time
collecting data that will only burn up hours (and fees) and
inhibit the solution that you so sorely need? The time to
collect data is during the assessment of the solution, not
during the assessment of the problem.
<more>
Management Consulting
How to Get Value from a Management Consultant
This was written to for
client who wants to know what to expect from a management
consultant, but management consultants be forewarned, this is
how your performance will be judged. <more>
One Way to Build a Bond With a New Prospect
How do you get into the Inner Circle with a
new prospect? Here is how one consultant used the strategy in
“What Color is Your Parachute” to generate a stream of
business with a new client. <more>
Consultative Selling
Go Fishing With a Frying Pan
Closing is a matter of attitude. Your basic
assumption must be that you and your firm have the solution
the customer or client needs. If you negatively prejudge the
quality of a prospect or the outcome of a sales call, you will
betray these feelings to the prospect without saying a word.
<more>
Compensate for Lack of Industry Experience with Preparation
How a consultant prepared for a visit with a prospect in an
industry he knew little about and impressed the prospect by
reading a junior high school book his wife found in the local
community library.
<more>
Tell P-S-R Stories
The oldest and greatest communications tool of mankind is
storytelling. Stories have perpetuated the fabric of
civilizations, families, and religions. Stories inform, teach,
entertain, persuade, and bind together peoples. They also
sell. <more>
Use the "Magic" Words
At some point in a sales meeting with a client, a
professional is expected to offer some course of action. If
the professional is focused only on what he or she came to
offer the client, there is a great risk of rejection. Using
these four questions—we call them the "Magic" words—the
professional has a greater probability of closing a sale. <more>
Share the Pain and Share the Gain
How to be the one to help clients with the right solution
before they set upon the wrong approach and started looking
for help among your competition. Clients are giving
professionals subtle and even strong signals of pain. But
professionals with tunnel vision do not catch these signals
and lose the opportunity to be of real help.
<more>
Sell Benefits, Not Advantages
Sellers are often too enamored with the advantages they
have over their competition, but the customer is less
impressed. They want to know “What are you going to do for
me?” and even more important, “What will that do for my bottom
line?” Here is a test to see if you are selling advantages,
products or benefits.
<more>
Customer Service
Achieving Customer Satisfaction
Talking about customer
satisfaction and taking the necessary steps to achieve it are
two different things. Though many companies talk the talk, few
are able to walk the talk. Here are seven hurdles to
maintaining a customer-focused culture and how you can clear
them. <more>
How Nissan Almost Lost its Foothold in the US
If you want to be successful in the market, you must be a
buying agent for the consumer. It is no longer viable to be a
selling agent for the manufacturer.
<more>
How a Department Store
Lost its Customer Base
You have to care about your customers, or you will never
understand them. If you don’t understand them, you won’t know
how to serve them, and if you don’t know how to serve them,
they won’t come back. The
key is, knowing your
neighbor. <more>
Business Ethics
Obedience to the Unenforceable
I truly believe that if we don’t watch
our behavior, someone will eventually push to enforce our behavior by social or
professional rejection of the person, or preemptively by legislation. <more>
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