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Archive for October, 2011

Why Great Salespeople Don’t Necessarily Make Great Sales Managers

October 31, 2011 By: azjogger Category: Jobs, Management, Workforce

By Richard Garvey

Are you scratching your head yet wondering what I am talking about? You’d  really think top salespeople would make the best sales managers, would you not?  I can hear you all now, “Come on Rich I want my best guys running the whole  squad.” They understand the sales personality; they understand the sales job  requirements; and if they come to the position of sales manager by promotion  they understand the company they work for.

So why don’t they make great sales  managers?

 A salesperson has to be on the hunt constantly

Well this is certainly not an absolute. Some sales people have made great  sales managers, but by and large the best sales managers are not the best sales  people and vice-versa. The reason for this can be found in the shark. Sharks  have to swim to live.

They must keep moving constantly just to be alive.

A great  sales person is the same in many ways: they must prospect and develop business  and be on the hunt constantly; and their competitive spirit and drive to  constantly win must fuel them every minute on the job.

A sales manager has to think like a chess player

A great sales manager on the other hand must have a steady hand on the  tiller. They have to think like a chess player, always many moves ahead. They  don’t get to experience the hunt, let alone the thrill of the kill (if you  will….too much right?).

In other words they have to possess a much more even  keeled personality, less like a shark and more like a tiger, effective at steady  leadership and able to handle any situation from a customer turn-over, to a team  member’s personal troubles.

Yes they understand the sales personality, but typically only their own. And  usually top sales people have trouble with empathy, a necessary trait in any  good sales manager. Yes they understand the job requirements but every  salesperson is different and they may not understand what motivates someone  other than themselves, or how to get the best from someone struggling to get to  the middle of the pack.

Finally that point about understanding the company,  aside form understanding the market in which they compete, it’s much more  important for a quality sales manager to understand the dynamics of his or her  team. What makes them tick? What keeps those sharks swimming?

Look at the personality and character make-up first

To sum up, if you’re hiring a sales manager look at personality and character  make-up first and sales results second…you’ll thank yourself later.

Richard Garvey is the owner of Sales Results Fast, a Minneapolis, MN based  sales training and consulting firm. He has been featured in articles of the  Minneapolis/St Paul Business Journal and works with companies from a hundred  thousand dollars to a hundred million dollars in annual revenue. Sales Results  Fast offer engaging and interactive classroom training, sales team consulting  and building, and individual coaching.

Set more appointments, close more sales and make more money. You can start  today with our classroom training. Read what our raving fans have to say about  us at http://www.salesresultsfast.com/raves or for information on  classes and event schedules please visit us at:
http://www.SalesResultsFast.com

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Agencies Report Clients Still Increasing Focus on Digital

October 31, 2011 By: azjogger Category: Financial, Marketing, Technology

From: e-Marketer

Online advertising becoming as important as spot TV

There’s no longer any question that digital has a seat at the advertising table, although the dollars spent there don’t yet compare to the money spent on traditional media like television.

According to Q3 2011 research from media buying solutions provider STRATA, clients are becoming just as focused on digital media as they are on spot TV. US ad agencies reported 34% of clients were thinking most about online advertising in Q3, compared with 24% the previous quarter. Meanwhile, the number of clients whose primary focus was on spot TV dropped from 41% to an almost-even 35%.

The online marketing tactics in use by the agencies surveyed did not change much, with online display, search and social media coming out on top, their usage rates stable from quarter to quarter. On social media, similarly, priorities remained the same, with Facebook, YouTube and Twitter the clear leaders, though LinkedIn, in fourth position, gained ground.

The number of agencies purchasing mobile advertising for their clients also stayed relatively stable, at 23%, but the types of ads they were creating began to change. In Q3, display advertising took an even larger lead over SMS. More than half of agencies said they are now creating more mobile display ads for their clients than other mobile formats, compared to just 16% of agencies that are still mostly creating SMS ads.

The mobile devices being targeted by those ads were changing, too. Agencies cut their interest in BlackBerry by half between Q2 and Q3, according to STRATA. Still, Android-targeted efforts lagged behind iOS-focused ones.

eMarketer forecasts display will take 33% of mobile ad dollars in 2012, pushing it ahead of SMS and even with mobile search spending. It also estimates that the iPhone will lose its spot as the No. 1 smartphone in America by the end of this year, when Android’s share will far surpass it.

For complete data charts and story, go to e-Marketer.com


The Limits of Talent

October 20, 2011 By: azjogger Category: Management, Operations, Workforce

From: Leading Effectively, Center for Creative Learning

It’s easy to be impressed by the natural leader, the brainy student, the gifted musician or the star athlete. “What talent!” we think. But talent alone doesn’t lead to success, says Carol Dweck, noted psychologist and author of Mindset: The New Psychology of Success. “Success comes with a growth mindset.”

People with a “growth mindset” believe that ability or talent can be developed, says Dweck. In contrast, people with a “fixed mindset” see ability as built-in: “You either have it or you don’t.”

Dweck’s research has shown that our beliefs about innate talent can either support or stifle success. If you have a growth mindset, you are willing to take risks, accept mistakes and seek out chances to learn. You become resilient and view setbacks and challenges as learning opportunities.

A fixed mindset makes it hard to admit mistakes

The belief that you can’t improve your ability actually stunts achievement. If you have a fixed mindset, you feel the pressure to repeatedly prove yourself in areas of “strength” and you avoid activities and experiences that may reveal weaknesses. As a result, you don’t gain the experiences, perspectives or skills that are needed to succeed at work or adapt to change.

A fixed mindset also makes it hard to admit to or correct mistakes.

Dweck has also challenged the view that innate ability fuels self-confidence. In the short-term, people feel good and confident because of their natural abilities — until setbacks or challenges cause them to question themselves. People with a growth mindset derive self-confidence from the very act of taking on challenges and pursuing them with vigor.

“We need to believe we can rise to the challenge

What are the implications of Dweck’s work for leaders? “To succeed in a world where our work is always changing, where challenges are unpredictable and competition abounds, we need to be agile learners,” says CCL’s President and CEO, John Ryan. “We need to apply our new knowledge. Perhaps most of all, we need to believe we can rise to the challenge.”

“By taking on a growth mindset, we can learn new behaviors and modify deep-set behaviors at any age,” Ryan continues. “It takes hard work and real focus, but all of us really can learn new and effective behaviors — and help take our organizations to new levels of performance.”

Prize the development of ability

Dweck agrees. “If an organization believes in natural talent, they are not developing the potential talent,” she says. “Not only are these organizations missing out on a big pool of possible leaders, but their belief in natural talent might actually squash the very people they think are the naturals, making them into defensive nonlearners.

The lesson is: Create an organization that prizes the development of ability — and watch the leaders emerge.”

Newest, Hottest HR Trend and its Affordable: Voluntary Benefits

October 19, 2011 By: azjogger Category: Financial, Health Plan, Jobs, Uncategorized

By Jelani Asar

Employees Want Them and More Employers are Offering Them – The  Competition is Heating Up

(Voluntary benefits are insurance products that employees may choose to purchase through their companies at rates that are lower than they could get on their own. A few examples of voluntary benefits are dental, vision, life, disability, supplemental health and cancer insurance. Many employers offer voluntary benefits because they allow companies to provide a more robust benefits package at no cost to them.)

According to benefit trends surveys by MetLife, The Hartford, Colonial Life,  and LIMRA, as well as research executives within companies such as Transamerica,  there are surprising numbers reflecting the building trends in our voluntary  employee benefits market, see here:

  • 5 in 10 employees believe voluntary benefits are “very” or “extremely”  important
  • 7 in 10 employers believe their employees don’t even want voluntary benefits  at all
  • Less than 1 in 10 employees will say they want voluntary benefits when asked  by their employer, yet more than 6 in 10 employees get the voluntary benefits  when offered them by their employer
  • More than 9 in 10 Americans would be forced to change their lifestyle if  they lost a portion of their income for 36 months
  • More than 1 in 2 employees say they are very worried about the gaps in  medical insurance
  • More than 6 in 10 Gen Y, Gen X, younger and older baby boomers understand  they get a better deal, better education, and easier management of their  voluntary coverage as a benefit than individually outside of the workplace

A choice of benefits important for creating loyalty

  • More than 4 in 10 of younger to middle aged employees say a choice of  benefits that meets their need is extremely important for creating loyalty
  • Nearly 1 in 2 HR Managers and Benefits Administrators plan to add voluntary  benefits
  • 1 in 2 employers plan on increasing employees’ health insurance premiums,  deductibles and/or copays
  • Over 99 in 100 employers agree employees need guidance for benefits  decisions
  • 1 in 2 companies with at least 1,000 employees are interested in  transitioning their existing benefits to voluntary benefits
  • More than 1 in 2 US employers offer voluntary benefits right now.

Uncertainty in the economy, shoestring budgets, living paycheck to paycheck,  bankruptcies, foreclosures, and debt problems are causing even voluntary legal  services and voluntary tax services to skyrocket in popularity, with a combined  influence of being offered in over 3 in 10 Fortune 500 companies thus far

How Long Do I Have?

The obviousness of the truth is here – voluntary employee benefits are  leading the trend and the new question is, “How soon before I am losing top  talent to my competitors because of their voluntary benefits?”

Extremely Affordable…Extremely

As Dori Molloy, Regional VP of Transamerica Worksite Marketing and Mike Fish,  VP of The Group Benefits Division of The Hartford Financial Services Group agree  in Voluntary Mandate an advertorial to Employee Benefit News, voluntary employee  benefits are also great because they are affordable and for a small investment  you can have coverage and value far in excess of what you would think its  investment would likely command.

Because in the same way a dollar a day invested in a solid fund in the market  can bring massive long term reward, voluntary benefits are the massive  return-on-investment-product of the benefits market.

With many voluntary benefits, you get access to a group deal, a group rate  that is exclusive to you as an employee, and other people who are not employees  – regardless of their position in life or their connections – do not have access  to! Period.

The deal is equivalent to getting goods at wholesale

Your exclusive deal is basically equivalent getting goods at wholesale rather  than retail, going to Costco and getting huge savings, or clearing the shelves  to take advantage of limited time offers – as many of us are more than eager to  do, aren’t we?

Again, all in all, the voluntary benefit is affordable, exclusive, and may  possibly be one of the best investments you’ve ever made.

Jelani Asar and his team in Income Protection Atlanta are saving your  business taxes, protecting your employees money, and increasing your monthly  cashflows all through our voluntary Georgia health benefits quickly, easily, and incredibly – for  Free! and simply Click here – http://www.IncomeProtectionAtlanta.com

Article Source: http://EzineArticles.com/?expert=Jelani_Asar

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How Technology Has Changed the Customer Experience

October 19, 2011 By: azjogger Category: Marketing, Operations, Technology

By Xavier A. Rault

Once upon a time, women managed the family finances, making decisions about  home purchases, clothing, food and other necessary items. If a store owner  provided poor service, there wasn’t much the customer could do. She might gossip  with the neighbors about it, or perhaps discuss it over a cup of coffee. But  ultimately, there was little competition for the store owner’s goods and the  complaints of one person had little impact. Life and profits – for the store  owner went on as usual.

Technology has changed the face of consumerism 

Fast forward to 2007. Technology has changed the face of consumerism,  empowering shoppers to be smarter, more demanding and more resourceful.

With  literally hundreds of retailers providing the same products at similar pricing,  today’s consumers have endless options and can tailor purchases based not just  on price or product availability, but on other variables like return policies,  ease of online purchasing and payment options.

Anger a customer today, and chances are the news will spread like wildfire  through YouTube, Myspace, Yelp, Angieslist and Amazon, as consumers “take to the  airwaves” to let other unsuspecting shoppers know of their experience.

According  to iProspect and Jupiter Research, 25 % of the U.S. population visits sites like  these at least once each month, sharing complaints and compliments about  retailers with other shoppers.

People rely on recommendations of other customers

In an online retail world where products can’t be  touched and the store owner has been replaced with a web page and Shopping Cart,  people have come to rely on the recommendations of other customers. Like the  shot heard “˜round the world, consumer complaints can and do make a  difference.

In just the past ten years, technology has turned most of us into savvy  Internet shoppers and driven prices downward, as consumers are able to purchase  24/7 and have their purchases delivered immediately. While this ability does not  negate the need for the human touch, many experts believe today’s technology is  just the tip of the iceberg.

Al Myers, senior vice president of TNS Retail Forward Inc., believes that  “for those consumers and companies who can handle it, technology will continue  to improve the whole proposition. It has to, because the industry can’t find  enough people, train enough people and the customer isn’t willing to pay for  better service when a competitor has it for a lower price.

Service with people makes it harder to compete

We’re not saying the  trusted salesperson will be replaced at Saks, Neiman’s or Nordstrom’s, but in  most of retail, providing service with people is going to make it harder for  them to compete.” Myers concluded, “It won’t be long before we are scanning  entire grocery carts and paying for its contents with a thumbprint. Mirrors will  send images to friends from dressing rooms, replacing the salesperson with the  vested interest in telling you it looks good.”

As retailers move from bricks  and mortar locations to Internet-driven environments, the balance between  operational needs and profits and customer demand for low prices and excellent  service will continue to be a difficult one. But will the customer experience  improve for those retailers who struggled with it to begin with?

As Myers noted, “The same companies that provide bad customer service will  provide bad technology and vice versa.”

Mystery  Shopping Companies Can Help You Reach Your Customers Expectations.  ICC/Decision Services (iccds.com) Can Help Your Customer Service Experience.

Article Source: http://EzineArticles.com/?expert=Xavier_A_Rault

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How to Manage Social Media

October 19, 2011 By: azjogger Category: Marketing, Operations, Social media, Technology

By Roses Mark

Due to arrival of Social Media everything has altered. An online community of  Twitter or Facebook users can make or break your business with their mobile  platforms. Your company or service may be getting hundreds or thousands of good  or bad reviews on the new mobile sites like Gowalla or Foursquare. Social  Network management is growing exponentially.

Social Media tools help integrate activities

It’s in a more efficient manner manages outbound & inbound interactions  along with other small business marketing activities. They rationalize and  strengthen how to participate in significant conversation happening around in  different platforms like blogs, networks, and other public or private web  communities and sites.

SMM tools also helps you integrate activities with your other business  marketing campaigns. Here are five tools that can make your life easier:

1. TweetDeck

TweetDeck is your best (free) tool if you’re looking to administer all your  personal social profiles. TweetDeck allows you to connect across Twitter,  Facebook, MySpace, LinkedIn, Foursquare and Google Buzz. You can update all or  specific networks with the same status at one time.

TweetDeck is probably best when dealing with four or five accounts at a time,  though the dashboard is generally easy to use.

2. CoTweet

CoTweet is a brilliant tool for small businesses or division of larger  businesses that thrive social media duties among team members and have a  customer-service approach to engagement.

CoTweet allows follow-up messages to be assigned to specific managers. This  can make responses more pertinent as team members with upbeat knowledge bases  can handle appropriate questions and comments from followers.

3. HootSuite

HootSuitefree version allows you to add five networks and supports Facebook,  Twitter, LinkedIn, Foursquare, MySpace, PingFm and WordPress.

HootSuite is best for actively-managed accounts because its design focuses on  streams, which are housed in customizable tabs. You have the elasticity to  organize tabs by account, network or content, making it easier to monitor a  definite type of feed.

4. Spredfast

Spredfast has everything you need for agencies managing social media with  high ROI demands.

Its biggest advantage over other SMM tools is analytics. Measurement is  determined by the amount of content distributed, how many people were reached  and whether the intended audience was engaged.

5. Engage 121

Engage121 is best in its class at encircling monitoring, broadcasting and  engagement.

The tool is extremely customizable and can support just about any site with a  community presence. Permissions may be set to allow & approve a message from  corporate before it is distributed to area followers, maintaining a local voice & brand consistency at the same time.

The process needs be sustained to maximize opportunities

In conclusion, follow these procedures and you will be successful in social  networking and marketing that will drive profits in your business. Using  networks includes making use of a process. Therefore, you need to remember to do  this on a regular basis so that you take full advantage and attract more  followers in the future.

Roses Mark is a Social Media enthusiast and an Internet entrepreneur. Spent  over 10 years working professionally with Internet business employers worldwide,  he frequently writes articles involving new-age, social media and personal  motivation. You can find him all around the web via Facebook, Google & on  Twitter as @Socialcubix

Article Source: http://EzineArticles.com/?expert=Roses_Mark

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Are You LinkedIn?

October 05, 2011 By: azjogger Category: Jobs, Market Research, Workforce

By Steve Woodburn

Men in the cosmetics industry are savvier with online networking than women,  but would you believe the reverse is true in the fields of ranching and  tobacco?

Although those statements may seem counterintuitive, that’s exactly what the  surprised data researchers discovered recently after analyzing the activities  and networking ratios of LinkedIn’s 100 million members worldwide. These same  members are 97 times more likely to have a college degree and 80% more likely to  influence business decisions at their company. Does that sound like the kind of  people you’d like to connect with?

LinkedIn: the way to stay connected with people in your professional life

Since ancient times people have used networking as a way to move ahead in  their business and personal lives. Launched in May 2003, LinkedIn is the 21st  century’s way to stay connected and connect with people in your professional  life whether you are looking for a job, doing research on people or companies or  just want to have a safety net of contacts should you need to make changes in  your career.

If you Google LinkedIn you’ll find hundreds of articles on how to join, why  it’s a good tool along with the features and benefits. In this brief article I  will assume you are already a member and touch on the do’s and don’ts of using  it.

What to do

• To look as professional as possible, complete your profile 100%. As you  fill in the information it will tell you how complete your profile is and taking  the time to fill out all the areas will give you the best results.

• Add a professional looking picture so people can see what you look like.  Make it a recent picture and although not required, this will make you more  personable and looks better than the blank space that will automatically  populate if you don’t have one.

• The Summary is where you can highlight what makes you unique from the 100  million other members. Take some time and think of it as your:30 second elevator  speech. This will be one of the first things people see and needs to stand out  and help them remember who you are and why they should care.

• Be accurate in all of the information you post. This is your online resume  and it’s important your work experience, job titles and employment dates are all  correct.

• To stand out, fill in those sections that most don’t: what books you are  reading, a link to your blog if you write one, a link to you or your company’s  website (if applicable) and recommendations you may get from colleagues and  friends.

What Not To Do

• Don’t put a picture of you with friends or with a drink in hand, alcoholic  or not. If you show up for an interview and you look drastically different then  the picture it can create doubt about the rest of your profile.

• Don’t lie. As with any of the social media venues you never know who is  looking at your profile and misinformation of any kind will eventually be  discovered and it could lead to consequences that won’t play out well.

• Don’t list any sort of personal information on your profile. Home  addresses, social security numbers and year of birth could open you up to  identity theft and there is no business reason to add them.

• Don’t spam your contacts with business offers or MLM schemes. Don’t ask to  connect with others unless you have a valid business reason and don’t share your  thoughts moment by moment. This isn’t Twitter or Facebook and your connections  most likely don’t care that you are going to bed or attending a birthday party  for your best friend.

Keep your business and personal lives separate

Remember, LinkedIn is a network for people to connect professionally. Keep  your business and personal lives separate and remember the people on LinkedIn  are typically more affluent, better educated with higher household incomes. Your  profile is out there for the world to see, literally, so make sure what others  see is a true reflection of your career and professional interests.

I work with my customers to evaluate their promotional marketing needs and  develop creative and measurable solutions based on those needs. I build  long-term relationships to become a trusted advisor my clients turn to for their  brand extension, promotional product, incentive and other branding needs.  Contact me at stephen.woodburn@staplespromoproducts.com

Article Source: http://EzineArticles.com/?expert=Steve_Woodburn

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Annual Performance Appraisals– Time for a Fresh Outlook

October 04, 2011 By: azjogger Category: Management, Training, Workforce

By Scott H. Brown

You know the feeling. All day you have been distracted by that 2pm appointment on your calendar; “Annual Performance Appraisal with Supervisor”. Your palms are clammy, your thoughts are distracted and you find yourself questioning whether your boss really knows your true value and what you accomplished this year.

In many organizations, the annual performance appraisal is tied to merit pay increases and possibly future promotional opportunities. When supervisors look to promote from within, often the first question they ask is “may I see the candidate’s performance appraisals?” But are these annual performance appraisals really the best source of data to measure someone’s promotional worth or merit increase?

Annual reviews mean keeping records

To answer that question, let’s first take a look at the timing. Annual performance appraisals take place annually, just as the name implies. This means that a supervisor should have been keeping records of all the positive contributions the employee made to the Company in the past year as well as all of the mistakes the employee has made over the past year.

More often than not, the record of the employee’s performance contains far more of the negatives from the past year rather than the accomplishments. Because let’s face it, there is a far bigger need to keep records of issues than there is to keep a record of accomplishments in the mind of most managers.

Most supervisors have not been trained

Secondly, most supervisors have not been trained on how to write and conduct performance appraisals effectively. This lack of training, when coupled with a lack of oversight from a third party, can lead an employee to be reviewed on an incomplete and sometimes biased recollection of his/her body of work. Managers commonly make rater errors, not because they mean to, but because they don’t know how not to make these errors. Included in these rater errors are the mistakes of:

Recency – giving far too much weight to a recent success or failure

Halo/Horn effect – looking at a miniscule sample of the total body of work and deciding the employee is either better than actual (halo effect) or worse than actual (horn effect).

Same as Me Effect – if the employee takes a markedly different approach, he/she may be reviewed more harshly for not doing it like the rater would do it.

Comparison Effect – comparing employees only to each other rather than to a pre-determined set of criteria. The best employee on a rotten team may be rated as a star when his/her performance may only be average compared to the job description.

Bias Effect – placing personal bias against an individual because of any number of reasons can affect the rating either way significantly. If the rater does not like people from cold weather climates, the individual’s performance will have little bearing on the outcome of the performance appraisal.

Conflicting Messages – telling the employee all year that his/her performance is acceptable and then delivering a different message during the review process can erode the confidence the employee has in the supervisor and the company. This issue is much more common when the employee’s supervisor changes during the year and rates the performance against a different standard than the previous supervisor used.

Critical Incidents – providing too much weight to a spectacular incident that occurred throughout the year. While it may work in the employees favor is the incident was positive, it can have devastating effects if the incident was negative.

In addition to these rater errors, timing of actual feedback can have a significant impact on actual employee performance. Feedback, either positive or negative, that occurs at the time of an incident or at the close of a project is far more effective in shaping employee behavior than feedback that is only provided once a year.

This is especially true for younger workers in an organization who are accustomed to receiving immediate feedback from immediate rewards for most everything in their life.

Younger workers expect immediate feedback

From Facebook to Twitter to LinkedIn to drive-thru’s to microwaves, younger workers have been programmed to expect immediate feedback and immediate rewards. If praise is consistently not delivered when a success is achieved, the employee can begin to feel as though he/she doesn’t matter.

Conversely, if coaching feedback is not delivered, it loses its value of being applied to the specific discrepancy of performance.

For all these reasons, it is apparent that the annual performance appraisal, when used individually, is not only a poor tool to use when looking to make a promotional or compensation decision, but is also a poor tool to use when looking to impact employee behavior and performance. But I do not recommend scrapping the annual review process all-together.

Combine appraisal with other tools

Rather, I promote using the annual performance review in concert with other tools:

•Train all raters on how to effectively rate an employee’s performance
•Train all managers on how to document the good as well as the bad that is witnessed over the course of a year
•Establish a vetting process to ensure oversight in to the review process to reduce rater bias and rater error
•Implement a coaching in the moment program to ensure all supervisors become excellent sources of immediate positive and constructive feedback
•Augment the annual review with a monthly touch base between the manager and the employee
•Ensure other metrics are utilized to verify the employee’s true contribution to the success of the organization

These tools will contribute to better business decisions

By putting all of these tools to use in your Company, you will not only increase engagement of your employees, but you will also have the tools necessary to make better business decisions in regards to your people.

My HR Business Partner is an Orlando, Fl based human resource consulting firm specializing in delivering expert human resource advice and solutions to ensure our clients build a competitive advantage through their people. We specialize in helping small-to-mid sized businesses who either can not afford their own HR department or who need specialized services not available from their in-house staff. Visit us today at http://www.myhrbusinesspartner.com.

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