Managing the ever accelerating pace of change creates a challenge for leaders. In the race to stay ahead, what parts of your business do you preserve and what should you break? The competitive advantage of your exclusive product or service erodes quickly these days. Sustaining a program of continuous innovation and improvement is mandatory to stay ahead of the disruptive forces of unrelenting, rapid change. Implementing such a program drives you to acquire new skills …
When a customer has a problem, they search the web using whatever words they know about their challenge and possible solutions. But once they have identified potential solution providers, most customers want to connect directly with them to discuss their needs. Rather than forcing a potential customer to fill out a response form on your website, it’s more productive if you enable those customers to contact you in whatever way they are most comfortable. This …
In this dynamic marketplace, how can you move faster? How can you accelerate your time to market? How can you react faster to opportunities? How can moving faster help you grow, or save you time and money? Moving faster primarily involves your decision-making process. Here are 3 ways to move faster: Accelerate decision-making. First, you must choose to decide. Ask yourself if waiting to decide will generate any more useful information. If the answer is …
In this dynamic marketplace, how can you move faster? How can you accelerate your time to market? How can you react faster to opportunities? How can moving faster help you grow, or save you time and money? Moving faster primarily involves your decision-making process. Here are 3 ways to move faster: Accelerate decision-making. First, you must choose to decide. Ask yourself if waiting to decide will generate any more useful information. If the answer is …
Leaders seeking higher levels of engagement have learned that clarifying the purpose of their business (the reason they exist in the marketplace), enabling their people to increase their autonomy, and encouraging the development of mastery in the workplace have increased collaboration and commitment among the workforce, producing higher profit. Of these 3 components, the pursuit of mastery, the drive to get better at something, can be most challenging. The definition of “mastery” continues to evolve, …
Leading a business, or driving a change initiative, or proposing solutions to a customer requires that you influence others. There are 6 factors that enable you to persuade those you need to convince. Much has been written about the art of influencing others to follow your lead. One of the best known works is called the “The Science of Persuasion” by Dr. Robert Cialdini and it describes six principles that are most productive for generating a …
When working with sales teams, three excuses are often cited as obstacles to earning new business. Ask yourself “why” you think it is an issue when you are tempted to mention one of these excuses and try a different approach 1. “If we don’t offer the lowest price, we don’t get the order.” If you make no effort to learn about your customers’ business, and offer nothing novel or compelling to help them achieve success, …
Every leader faces a business crisis during his or her career. It’s the defining moment of adversity that tests that person’s leadership competency. What decisions must be made now? What vital actions must urgently be taken? Proven leaders consider 3 key questions when confronting a crisis. 1. What is the current real situation? Leaders first seek to gain a comprehensive understanding about the actual scope of the crisis. This is the diagnostic assessment. What caused …
Prospects have stated and unstated needs. Discovering the unstated ones results in getting the order. Intimacy is the key that unlocks these hidden unstated needs and begins to build the emotional connection with a prospect that leads to an order. What is the best way to foster intimacy with new prospects? Your first three minutes with a new prospect is your chance to put the person at ease and gain insights into his or her …
WIRE-Net Seminars, presented by U.S. Bank, are affordable, convenient, and timely—keeping you up to date with the latest trends. You can learn from industry professionals with first-hand knowledge of current best practices and trends in areas that matter most to manufacturers. Register Here! Are Your “Peddlers” Killing Your Business? Customers have many options available to fill their needs. It’s easier to treat every possible supplier like a commodity. When your sales people respond to inquiries …