12th January 2012 / Posted in: Business efficiency, Operational management, Planning and preparation, Priorities, Productivity, Time management
On 10th January I gave a 10 minute presentation, at the Chichester College Business Breakfast Club, on what gets in the way of working productively. Judging by the number of e-mails, texts and tweets I received the subject and presentation were spot on. The slide presentation is on Slideshare and the following are the key points from the presentation:
If you work with other people the business will be more successful if everyone recognises that time is their most important commodity and knows how to manage it effectively.
Click here to go to the slides
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23rd June 2011 / Posted in: Business efficiency, Holidays, Planning and preparation, Productivity
August in the UK is rapidly becoming like Christmas. Apart from the retail sector there are so many people away that many businesses either just bump along or grind to a halt. But can you afford to write August off? Even if you have staff, clients and suppliers on holiday for large chunks of the month a bit of forward planning stop it being a complete write off.
We are supposed to be having some decent weather this summer so if you’re not on holiday make August a month to remember - in and out of work.
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18th May 2011 / Posted in: General, Management, Operational management, Productivity, Strategy
What stops you sleeping? Other than your partner snoring, or car alarms going off in the night, we sometimes find ourselves lying awake mulling over business concerns such as cash flow, cost control, sales pipeline, winning new business, retaining existing business, managing clients, competitor activity, staff performance, being too busy and not having enough time for everything, work-life balance, etc. Every business is different, as is our individual capacity for managing stress, so I’ve chosen just three worries which have given my clients, friends and me sleepless nights.
I’ve been asked this same question by business owners who work for themselves and have a really unique set of skills and experiences, and others growing their business. The question they both want answered is whether, or when, they should take on staff. My answer to both is a question - ‘What is your exit plan?’ Do you want to turn the lights off, close the door and go home when it’s time to move on to the next thing, or do you want a business to sell? If you want the former then you’ll need to manage the business to maximise your revenue streams.
The latter is more complex because if you’ve been doing everything yourself, and your business is ‘your baby,’ you may have difficulty letting go. You may not be the best person to analyse your strengths, and the complementary skills required to share the load, so taking professional advice may save sleepless nights in the long term.
If you’ve been in business a number of years, and you have a number of long standing clients, a good sales pipeline and you’re reasonably effective at winning new business you probably enjoy what you do and feel quite pleased with the way business is going. But, it’s easy to feel too comfortable and take your eye off the ball in such a subtle way that you don’t even notice you are doing it. Compared with the early days you deliver services to your clients more efficiently, you’re more familiar with your clients, your hunger is less pronounced and you’ve drifted out of the habit of challenging yourself to ensure you’re going the extra mile. Your clients seem happy. Nothing is broken so there’s nothing to fix. You’ve become complacent, you haven’t noticed and it’s a dangerous place to be.
Then disaster strikes. What seems like a insignificant oversight really damages a long standing client relationship and they either terminate the contract or ask you to re-tender. The mistake seems disproportionate to the client reaction. Either way, you feel devastated and you lie at wake feeling guilty and worrying about your other client relationships.
This isn’t an unusual situation and one I’ve experienced as an employee. The reality is that statistics show clients move on every 7 years. Your oversight just provided the trigger.
Don’t lose more sleep - learn from your mistake to avoid repeating the disaster:
Have you ever sent a proposal to a client and heard nothing for weeks, sent information a client needed urgently and heard nothing, found yourself waiting for a signed agreement or purchase order to progress a project you’ve agreed with the client? Most of us have been kept waiting, and probably lost sleep over it thinking the worst.
What we forget is that our priorities are not our client’s priorities, and most of our clients have many responsibilities and priorities we don’t even know about, so the trick is not to worry. In my experience if clients are unhappy they’ll waste no time telling you. If you have a deadline to meet - don’t rely on e-mail - pick up the phone. Leaving a message or speaking to a colleague conveys more urgency than an e-mail. If there’s no deadline then give the client a week then e-mail or call. I had a client whose capability intimidated me. I was approaching a deadline, had heard nothing so plucked up courage to pick up the phone. It was a great decision. The client was clearly much happier to discuss the issues on the phone than ping e-mails back and fore. And, guess what - I feel more in tune with my client and I’m no longer feeling intimidated.
If I request information from someone I always e-mail a thank you as I think it’s bad manners not to do so. However I’ve found that my standards are not always the same as those of my clients or suppliers which can leave me feeling nervous when I've sent them something and heard nothing. It can be true that no news is good news as if you get it wrong you'll hear soon enough so if you hear nothing leave it a few days then call to check what you've sent has arrived safely.
It's easy to fall into the trap of being less formal about aspects of managing relationships with clients. To ensure everyone has the same perception of what was agreed at a meeting it's a good idea to write a succinct contact report, and when meetings are arranged verbally don't forget to send an e-mail confirmation.
This blog was written as a guest blog for Sussex Enterprise and published on their website in April 2011.
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21st April 2011 / Posted in: Business efficiency, Operational management, Planning and preparation, Priorities, Productivity, Staff engagement, Time management
In the days when I was young, and an employee, the prospect of 4 bank holidays in less than a fortnight was a dream. Now that I run my own business and advise others about running theirs I feel very differently. The prospect of a reduction in trading days in April and May, the distractions caused by Easter, the Royal Wedding and the recent sunshine, and staff wanting to take an extended Easter break will be bad news for many businesses.
Don’t take the defeatist approach assuming that business will be bad, but turn the situation around to limit the damage or even make it work in your favour. The most valuable commodities to your business are probably your staff and time so focus on making the most of what you do have during the next few weeks. Refocus everyone’s energies and priorities on what delivers your strategy and drives revenue into the business. It may even give you an advantage over your competitors. Finally, don’t forget to communicate these plans clearly with your staff, explaining why you are putting them in place and getting their feedback. Good two way communication and a few treats in the office will motivate your staff, keep them focused and make them feel appreciated.
'What gets measured, gets done. And what gets recognised gets done again, and even better.' Robert Crawford, Director, Institute of Customer Service
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23rd February 2011 / Posted in: General, Human Resources, Management, Operational management, Productivity, Time management
I’ve always been a firm believer that it’s good to take a break as doing something completely different is invigorating and I work far more effectively as a result. It’s why I like going abroad for the weekend as the different language and culture gives you the feeling you’ve been away for ages.
At work it isn’t realistic to do something as different at lunch time but some fresh air (or different air) and a change of scene is something we all need. However when I’m really busy and it’s pouring with rain, I too am guilty of taking lunch at my keyboard then at the end of the day I’m drained and not always pleased with my achievements. The reality is I know I’s have found time if I’d had to cope with unplanned interruptions.
In December I came across a blog, on the Harvard Business Review website, by Tony Schwarz entitled “Six ways to refuel your energy every day” and it really struck a chord. Although I’m not a big reader of business books I immediately ordered a copy of his book “The way we’re working isn’t working” and started followed him on Twitter. I’m a real advocate of what he says and regularly dip into the book to remind myself of how to work really effectively.
Last week he tweeted about “Take back your lunch” – a movement across America which encourages workers to take a collective lunch break every Wednesday. It’s a great idea which I think is worth sharing so I hope that today, and at least every Wednesday, you take a proper break at lunch time.
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