Small Business Saturday, November 28

Small Business Saturday, November 28

November 28, 2020 is the 11th Annual Small Business Saturday celebration. This year is also the 11th year that the American Business Women’s Association has signed on to be a coalition partner for this very important initiative that encourages shoppers to support small businesses in their community.
According to the 2019 Small Business Saturday Consumer Insights Survey, 97% of consumers who shopped on Small Business Saturday agree that small businesses are essential to their community, and 95% reported the day of this event makes them want to shop or eat at small with independently-owned businesses all year long, not just during the holiday season. That’s great news!
We all know the negative impact the pandemic has had on most business in the past nine months however, it is the small business owner that has been the most effected in theses unprecedented times.  Let’s work together to support small businesses in our respective communities beginning on Saturday, November 28!
Does Your Corporate Culture Get All A’s?  The proactive process to shape the team culture you want.

Does Your Corporate Culture Get All A’s? The proactive process to shape the team culture you want.

BY JASON BARGER

It’s an instant gratification world where people/employees/leaders want things to change immediately. They want progress to be a flip of a switch. They want the easy button. Every leader, team and organization wants to snap their fingers and magically arrive at their desired outcomes.

However, developing people and culture doesn’t happen like that. There is no quick fix or hack to developing leaders and the team culture you desire. It’s a process. It takes commitment, discipline and focus. The most compelling team and organizational cultures invest time, energy and resources into shaping the culture they want, not just the culture they’ve experienced in the past. They know that one of their greatest competitive advantages in today’s day is not just WHAT they do as a company, but the culture of HOW they do it. People want to be a part of a compelling culture and contribute their skills to something greater than themselves.

Every team and company wants to be known for having an amazing culture, but only some understand how they are created and are disciplined enough to lead a culture-shaping process. If you’ve studied change theory in your spare time (you know, the process for how any person or group stimulates change) then you understand the reality that we grow as individuals and groups one step at a time.

All change follows the same pattern. The best leaders and teams on the planet know that growing the ecosystem they desire within their organization takes proactive leadership and support. The best team cultures don’t just magically happen, they are intentionally designed and led along the process. And it’s not a top-down dictator style of leadership that is compelling to people, but a participatory style that invites cross-functional representation throughout the organization to share in the dreaming and creation of the culture they desire.

The process to create your culture requires 6 A’s and participatory leadership:

Assess — Many cultures don’t even know where they are on the map. Where are you succeeding and where are you falling short? You’ve got to be honest about your current state as a culture. Momentum begins to build when you can establish urgency and identify opportunities to improve.

Align — People are the lifeblood of every team and organization and in today’s world your people want to participate. They want their mind and heart to be engaged and connected to the “Why,” the Mission at the heart of your efforts. It takes time and space to establish alignment with your people and constant efforts to stay in alignment along the way.

Aspire — What do you want to be different in the future? You have to be able to dream together and paint the vision for the future culture you desire. Give your people the opportunity to see beyond your current reality and into possibilities for a newly created future.

Articulate — If you can’t describe where you’re going and the values you want to guide you as a culture then you can’t be surprised when it doesn’t exist. Your people need common language and the ability to see and share the story of where you’re heading, together. “Language drives behavior” so the best cultures have compelling language linked to actions and behaviors for the future they are creating.

Act — All change requires action. However, action without vision and alignment is a nightmare. Once the aspirational vision for the culture is established, the best leaders and teams empower a bias toward action and identify the next steps they will take to stimulate progress. All change happens when actions grow out of an intentional vision and spirit.

Anchor — Culture-shaping is not a drive-thru experience. It’s not a one-time company meeting or a singular poster on the wall. Every culture must create habits that anchor the values within their organizational ecosystem. The organization intentionally anchors them with their structures for how they hire, onboard employees, identify emerging leaders, do performance evaluations, raise the bar on leadership at all levels, and develop and empower culture ambassadors.

So, does your team culture get all A’s?

Good grades don’t just magically happen. Great schools, great companies, great teams, great communities, and great collections of humans anywhere and of any kind in the world, don’t just magically happen. They are grown, developed, cultivated and led with intentionality.

It’s way easier to ignore studying, practicing, engaging with your people, and just put your head down and “do your job.” And because that is easier, that’s why many team cultures do not become compelling places to work.

The process for developing high-performing and engaged cultures never stops and the best leaders, teams and organizations are committed to the continuous journey of development, vision, communication, engagement, authenticity, and action.

Good luck on your next test. I hope you get all A’s.

About the Author:

Jason V. Barger is the globally-celebrated author of Thermostat Cultures, ReMember and Step Back from the Baggage Claim as well as the host of The Thermostat podcast. As Founder of Step Back Leadership Consulting, he is a coveted keynote speaker, leadership coach and organizational consultant who is committed to engaging the minds and hearts of people and growing compelling cultures. Learn more at JasonVBarger.com

Big Data Creates Big Opportunities for Your Business – 3 Insights for Any Size Enterprise

Big Data Creates Big Opportunities for Your Business – 3 Insights for Any Size Enterprise

Big data is critical to business success because it provides leadership with important insights and information. Large enterprises use sophisticated systems to track data and often have internal analysts on their team to crunch their numbers. Or, they hire outside experts to do it for them. Yet any enterprise can take advantage of big data, no matter their size, especially if you re-frame your definition of “big.” You can use your data to better understand your customer needs and buying patterns to further develop strategies that could impact sales. Insights like those developed with data become amazingly useful to any size enterprise!

Slay Your Fears!

You’ve heard some people say, “I’m really not a numbers person.” Perhaps they use this as their excuse for avoiding using data, much less big data, because they might feel reluctant to dive in and give it a try. You do not need an MBA or finance degree to begin working with the data associated with your business, regardless of its size. Anyone can learn and understand at least a couple of the key metrics that impact how they operate and what drives financial success.

If you are reluctant to launch into data analytics, being with some baby steps. Start by identifying two or three key metrics you want to better understand about your business or your customers. Once you have these key metrics identified, then focus on getting the data you need to help better understand what drives these metrics and how you can use the data to increase your enterprise performance. Then those metrics become the fundamentals that shape your thinking about your business strategies and what you need to do to better achieve your business goals.

Focus on how the data you have or can gather links to your business strategies. The key is to search for the critical data metrics that influence decision making. Look for the information that provides you with insight on the variables that impact your revenue and profitability.

Use the Information and Tools You Already Have

You do not need a complicated computer system or major data management firm to figure out what you are already using in your business for data capture. Frankly, many organizations are not fully utilizing the existing software they already have to gather basic information.

Frequently, software programs have the capability to export information into analytical programs such as Excel. Once the data is put into an analytic format, you can do all sorts of data evaluation based on key variables such as customer demographics, profitability, geographic location, purchasing patterns, buying volume, etc. Reviewing data points for various time horizons provides a comparison to see how much is changing during different time periods. Engaging in analytical assessments of your data often provides valuable information on shifts in your target market and identifies new sales opportunities. You might even uncover areas of business vulnerability before they cause major challenges.

Many companies do not fully access the information they have already obtained about their customers. Taking time to input detailed information into a Contact Relationship Management (CRM) system can be a first step. Consolidate the insight from your other information systems to develop a comprehensive customer profile. Then drill down into the information on your customers and tie them to financial measurements such as sales volume, degree of profitability or key target marketing variables.

It is not uncommon for smaller enterprises to have their most valuable customer information written down on sheets of paper or in someone’s head. If you enter your data into a CRM or Excel, you establish the foundation for a more robust data assessment. Then you can begin to pull insights by looking carefully at key variables. You will have a more effective way of targeting your desired consumers as you drill down deeper into the data to see which customers are most valuable to your business. You will be able to make better decisions if you are using thoughtfully mined data. You will also minimize the vulnerability to not having good information to work with if a key employee becomes ill or leaves.

Create Metrics and Dashboards

When you begin working with data, it is essential to create metrics and dashboard reports focusing on the key information so it can be tracked on an on-going basis. Then set up the mechanisms and policies that ensure it is tracked by your employees. Holding your team accountable for reliably gathering the data and tracking it in a timely manner are also important steps to effectively use data.

You can certainly do some of this work yourself, but it might be even better for you to loop in your key employees who are better skilled than you at putting it together. Then you can review the information and draw conclusions.

Another option is to work with an outside consultant who does this all the time and is not going to struggle with a learning curve. Outside experts can help you discover details you might have overlooked while managing the enterprise day-to-day. You are likely to gain better insights – and move much faster – by bringing in outside expertise for a short duration engagement rather than trying to struggle through setting it up by yourself. It is not a cliché that “time is money.” Invest in learning from an expert and then take it over once you develop the foundational skills and have gained some confidence in your own abilities.

 Final Thoughts

Learning to leverage data is essential to impacting the growth and success of any business. As you become more comfortable using your initial metrics, you can add on additional key metrics. Using a disciplined approach and continue to look for more metrics to measure. Have fun with it!  You will soon have a robust data management system that you and your team can use to more effectively manage your business and your customer relationships. This will provide you with new pathways for business growth and enhanced success.

ABOUT THE AUTHOR:

Jill J. Johnson, MBA, is the President and Founder of Johnson Consulting Services, a highly accomplished speaker, an award-winning management consultant, and author of the bestselling book Compounding Your Confidence. Jill helps her clients make critical business decisions and develop market-based strategic plans for turnarounds or growth. Her consulting work has impacted more than $4 billion worth of decisions. She has a proven track record of dealing with complex business issues and getting results. For more information on Jill J. Johnson, please visit www.jcs-usa.com.

 

Four Tips To Re-Build Trust Through Writing

Four Tips To Re-Build Trust Through Writing

“I wish I could rewind the clock and do it differently.” Bob, CEO of a mid-size organization lamented to his former colleague, Rick.  A week earlier he had sent out an internal memo warning that things were about to change. Their entire industry would soon be affected due to emerging government regulations.

The day after the memo was sent, worst case scenarios were circulating throughout the company. The gossip mill was in full swing. Fear quickly spread to vendors and customers. Within 48 hours, Bob had hundreds of emails from concerned workers, vendors and customers.

“What could you have done differently? You shared the information you had at the time.” Rick earnestly attempted to support his friend.

“Rick, I didn’t have much information from the Feds. I should have been upfront with people that I was also in the dark.” The CEO confided.

“I know but you couldn’t have anticipated that people would react so badly.” Rick responded in a compassionate tone.

“I underestimated the importance of doing more than sharing facts. My memo wasn’t very warm and friendly.” Bob admitted.

For the past two decades, Bob had focused on building a loyal team around him. He had worked hard to build their trust and was confident he had achieved it. Now, with one poorly written document, he was surprised to see how quickly that trust could erode.

Here’s what also surprised Bob: how differently employees read written communication during times of stress and change.

Bob made some blunders. You don’t have to repeat his mistakes.  As a leader, you can build trust during turbulent times by following these four writing tips:

Tip #1:   Choose Every Word Carefully.  This is critical. During times turbulent times, every word you write to your employees about the crisis will be scrutinized.

Bob’s Blunder:  He used ‘unfortunate’ in his memo. Employees obsessed about the use of this word, convinced it reflected some dire meaning.

Do This: Before you press send, ask yourself, could my reader derive some unintended meaning from my wording?  If you are not sure, get a second opinion! (or third or fourth!)

Tip #2:   Make a Human Connection.  It has been said that people will forget what you said, but they will never forget how you make them feel. This also applies to written communication. During turbulent times, employees look to leaders for reassurance and empathy. Conveying a human connection through writing fosters trust in leadership.

Bob’s Blunder: Bob’s memo came across as uncaring to employees since it lacked any expression of emotion.

Do This:  Before you press send, ask yourself, what expression of genuine emotion could I share with my readers to let them know I care?

Tip #3:   Be Transparent. When you don’t have the full information to share, be willing to honesty explain your constraints. If you do not show transparency, you risk breaching the reader’s trust. In your writing, what you leave unsaid can be as important as what you say.

Bob’s Blunder: Bob’s memo left many questions unanswered. Bob failed to share with his readers that he was limited by the lack of information he was receiving from his source, the federal government.

Do This:  Before you press send, ask yourself, have I articulated why I can’t provide more detail?

Tip #4:   More is Better. During a crisis, people can get overwhelmed. This reduces their ability to retain information. Your message may get lost. To ensure your communication is received, aim to increase the frequency of writing to employees about important issues. Repetition is key. Find ways to communicate important messages in different ways on a frequent basis during turbulent times.

Bob’s Blunder: Bob waited a few weeks between his first and second written communication about the changes and this caused concern among employees.

Do This:  Before you press send, ask yourself, have I communicated how I will continue to keep people updated?

It has been said that the only constant in life is change. This may be truer than ever. How you communicate in writing during turbulent times can leave a lasting impression on those within your organization and beyond. Your people are watching not just what you do, but how you do it. By following these four tips, you can leave a lasting legacy within your organization – one that you will not look back and regret like Bob did.

About the Author

Dr. Julie Miller is President of Business Writing that Counts! Over the past 30 years, more than 750,000 people have participated in Business Writing That Counts! on-site and online writing courses and walked away with dramatically improved writing skills. Dr. Julie and her team are focused on increasing our clients’ bottom line by improving the efficiency and effectiveness of employees’ writing. Contact her at www.businesswritingthatcounts.com

 

 

Beyond a Bathrobe and Bunny Slippers – Survival Skills for Working from Home

Beyond a Bathrobe and Bunny Slippers – Survival Skills for Working from Home

Working from home by choice or by mandate presents a unique set of opportunities and challenges. If you’re new to telecommuting, you might find that without some discipline, you’re waking up well beyond normal work hours and adopting behaviors you would never exhibit on your worst day at the office.

In the beginning you might welcome a day or two late mornings and wearing pajamas past noon. However, sloth mimicry is a habit few professionals would enthusiastically adopt long term. To get the most out of telecommuting, you need to master some best practices.

Create and Maintain a Routine

Recognize the fact that telework requires self-discipline. A day of waking up at 5:00 am followed by one where you rise at 9:00 and another at 10:00 is a pattern on the path to disaster. Adopt some desk hours and stick with them. Also, be sure to take some regular breaks. You need to eat, you need to stand, and you need to stretch. You also need to turn off work when it’s time to go home. Unless you’re in a field that demands it, checking email at midnight is not a good idea. You need to establish psychological boundaries to keep work hours work hours and home hours home hours.

Learn New Technology and Leverage Old

When working from a distance, you should learn how to use popular web-conferencing software, get comfortable on camera, and get ready to meet regularly online. The world is moving to the virtual conference room, and you need to know how to operate in that space. “I don’t like being on camera,” “I’m not a tech person,” and “I’ll just call in,” are excuses that will leave you behind. Nobody looks their best on a webcam; that’s a fact. It’s also a fact that facial expressions, body language, and other visual cues are a big part of communication. If they’re missing, you’re missing out.

In addition to mastering video conferencing, if you’re working with a single screen, consider investing in one or two more. The extra room is a game changer, especially if you don’t have access to a high-speed printer and find yourself having to read a lot of documents on screen that you would have normally printed at the office.

Stay Connected

Working alone saves hours, but the lack of chit chat created during casual interactions can also cause your relationships with your coworkers to suffer. To remedy the problem, you need to be deliberate in your communication and schedule time to catch up.

Set aside some minute during your workday to check in with coworkers. Not working on a project that requires meetings? Consider setting up a virtual lunch date instead. Most people who wake up one day feeling isolated and in a funk don’t have a contact plan in place. Prepare for regular social interactions before you start missing them.

Seek Out Opportunity

If you’re working from home and find yourself with extra hours on your hands, it’s time take initiative and learn some new skills. Anything you can do to expand your knowledge, work practices, or professional network could help you later.

  • Consider developing an education plan for yourself. For example, instead of faking your way through PowerPoint, learn how to use the slide master, templates, and other features so that tool works for you the way in which its creators intended.
  • Look for ways to make your work more efficient. Is it time to organize your email system? Could you benefit from creating rules, using folders, and getting your electronic communication under control once and for all? It can be done, it takes time, and if you have any minutes to spare that you otherwise would have spent commuting, seize the day.
  • Get online and expand your business network. Brush up your LinkedIn profile, and start making connections. Look for people with whom you grew up, attended school, or shared an employer at some point during your career. You never know how your efforts to connect could benefit you and others in the future.

Be Prepared

Working from home means you have to become more self-reliant. For example, an ounce of prevention can make all the difference when you encounter a tech upset.

Start with the basics. Think about your files and the tools you need to complete your work. For example, do you have a cloud backup? Do you have remote access software so someone in IT can help you if you hit a roadblock?

In addition to technology surprises, consider your short- and long-term goals. If your employer decided to eliminate telework, or your position for that matter, what would you do? Do you have a plan? It’s a lot easier to enact something you created when you weren’t stressed than to craft and start working on a solution when you are.

Create a disaster plan for one, and you’ll be ahead of most people when challenges arise.

Following routines, leveraging tech, being deliberate with communication, setting aside time for growth, and preparing for uncertainty are five ways you can get the most out of a work-at-home experience.

About the Author:

Kate Zabriskie is the president of Business Training Works, Inc., a Maryland-based talent development firm. For more information, visit www.businesstrainingworks.com.

 

Top 5 Business Strategies Leaders Must Adopt During Times of Crisis

Top 5 Business Strategies Leaders Must Adopt During Times of Crisis

Entrepreneurs, business owners, and company leaders in every industry are living in a state of overwhelm right now.

The rules of business have changed seemingly overnight, and many are struggling to adapt to the new normal of our current reality.

The number of decisions business owners and leaders need to make daily is staggering. How do we communicate with customers? What do we do about projects put on hold? How do we keep our employees safe? What kind of infrastructure do we need to support our remote workers? And of course, the biggest decision of all, what steps must we take to ensure our business survives this crisis?

Being a business owner or company leader requires you to be nimble and ready to react at a moment’s notice. But that doesn’t negate the fact that you’re feeling stressed and overwhelmed. Now more than ever you need to commit to your goals and squash any fears that may be holding you or your company back.

The following 5 strategies will help you persevere through any challenge, stay on track with your dreams, and emerge from the crisis victoriously.

STATEGY ONEBe Tenacious

As an entrepreneur, business owner, or company leader, you likely made the decision to be tenacious long ago. After all, if you hadn’t, you wouldn’t be in the position you are today. Now is the time to double down on that commitment, not back away from it. Times of crisis demand boldness, innovation, and tenacity like no other. If you feel your tenacity wavering, pick a mantra that is powerful and motivating for you and have it play on a loop in your mind. Some common mantras leaders use to build their tenacity are “never give up,” “tough times don’t last; tough people do,” and “persistence breaks down resistance.” Pick a phrase that works for you and use it as your guide.

STRATEGY TWO:  Look to Your Past Challenges and How You Overcame Them

We’ve all had to overcome challenges in the past. Whether it was a business failure, a job loss, the death of a loved one, or anything else, no one’s life is without obstacles. And, believe it or not, that’s a good thing, because by living and working through those setbacks, you learned some important and useful skills. Even though the current global challenge facing us may seem different than anything anyone has experienced in the past, the fact is that the skills you have honed over the years during other challenges are the same skills that will get you through the current crisis. Just as a skilled cyclist picks themselves up after a wipeout and can ride again, so can you if you focus on the skills you already have.

STRATEGY THREE: Get Comfortable Being Uncomfortable

During times of crisis, you will need to try new things—maybe even things you never imagined you’d do. Often, that means being uncomfortable. For example, many business owners are now doing live videos on social media to stay in front of customers and prospects. While they may be very comfortable giving scripted messages to the camera, talking off the cuff, in a casual setting (such as their home), is very different. During any crisis, “business as usual” isn’t enough. Therefore, think about what new, uncomfortable things you can do to keep your company top-of-mind for your customers.

STRATEGY FOUR:  Reinvent Your Message

If your sales have dropped or projects have been put on hold, taking a “wait and see” stance is dangerous. You need to keep your business profitable during the crisis, so you may need to reinvent or reposition your message and your offerings. The key is to find the pain your clients are having right now (which may be very different from the pain they were trying to address a mere 3 months ago), and then deliver solutions to meet their current needs. Realize that repositioning your offering often requires only a slight pivot, not a 180-degree change. Look at some examples currently occurring in communities across the country: restaurants offering grocery delivery services, distilleries making hand sanitizer, apparel and shoe makers adding face masks to their product line, etc. You already know how to reposition—you did it when you started your business or leadership position. Simply put that skill to work again now.

STRATEGY FIVE:  Protect Your Company’s Culture  

In order for your business to survive and thrive during a crisis, you need to nurture and protect the company culture you’ve worked so hard to create. This requires you to model strength for your employees, and to communicate honestly and often with them. The goal is to keep fear at a minimum and to make your employees feel safe. Let them know that they are doing a fabulous job during all the changes. Listen to their ideas. Ensure they feel part of the team and valued. Above all else, make sure they know—both by your words and your actions—that you are going to lead them through the storm.

STRATEGY SIX:  Embrace the Challenge

They say that necessity is the mother of invention. And it’s true! In fact, often the best innovations come during times of crisis. The key is for you to assess the situation, determine where your business can add value, and then take action using the strategies outlined here. When you do, you’ll find that your company can weather any obstacle and emerge as the marketplace leader.

About the Author:  Shelley Armato is CEO at MySmartPlans, a provider of best-in-class SaaS construction technology that eliminates risk, creates transparency and protects the budget. She provides professional construction services to some of the most prestigious business owners in the healthcare, scholastic, government, and other commercial market sectors. Contact her at www.mysmartplans.com.