Taking Your Brand to the Top

Please follow the link for the post

Taking your brand to the top

Advertisements

Acquire, Train and Retain!

Sounds simple enough, but in principle it can be one of the most important investments a business can make from the outset, ensuring it not only grows itself, but grows the people who are needed to provide this in the first place.

For any business the staff it employs are the foundation and gearing of its overall productivity and therefore if a company recognises that training and development is an investment and not a cost, the initial obstacle is overcome.

Even before any training is implemented it needs people. There are obviously various ways of ascertaining the influx required, yet again the route and channels taken to do this can be varied and subsequently seen as a cost, rather than again the investment that it is.

Acquiring people to join your business

  • Word of mouth 
  • Recommendations
  • Recruitment/Headhunters
  • Direct Industry Knowledge of Talent
  • Networking Events & Trade Shows
  • Employer- Employee – On-boarding days
  • Promotion from within

Whichever way you source the new employees from the varied routes listed above, some will be inexpensive and some at a cost, yet all of the above will achieve the same in providing you new staff for the role(s) required.

Personally I like using targeted industry recruiters and have worked successfully with many to secure, train & develop many good people joining sales teams i managed over within my career. It is fair to point out that some of the routes above will therefore hone in on specifics, taking both investment in time and money, but reaching the same goal, people acquisition.

The decision on which route is taken is personal and specific to the business, but whoever is eventually on-boarded through any of the acquisition routes aforementioned will need to be trained in your business.

After investing to get them, it is time to invest in them. We have to remember that this is probably a new company to them, yet not to the employer, to succeed they will need training and support of the business from day one.

This initially needs to take the place of a planned induction.

Inductions

When new staff or promoted staff are set start date of their new role, its imperative that they are transitioned effectively and smoothly, into their new place of business or role. In order to achieve this it very much about ensuring that they feel the culture as much as read about it.

From experience over the years I have seen and heard about a mixture of inductions. All these being different, some effective through careful planning and some well just ‘cobbled’ together pretty much on the day of the employee starting!

An induction should ideally be the foundation of the training and development that the new employee will embark on. They may well be an excellent & accredited Director, Buyer, Marketing Manager, Sales Manager, Logistics Driver or Warehouse Operative, yet their skills are what are being brought to the company they are joining, even though it may not be a new industry to them, they will need to be ‘re-tuned’ into a new company and the way it operates its business procedures.

Therefore, the requirement to engage them and fully immerse them in the following areas has to be seen as the next part of any businesses investment.

Basic fundamental training and development ideally should all be provided as part of the induction, before any client or account is even spoken with, because without the following areas being covered, then the business is falling short on its investment made in the new people it required.

  1. Processes
  2. Products
  3. People
  4. Logistics & Service
  5. Customer
  6. Company Values
  7. Specific Role Training – Ongoing

Processes

This is the functionality of a business, how it comes together, as an employee, company director or owner, you will know this from experience, it will be second nature to you. For the employee its like driving a different car, fundamentally it has an engine, pedals and a steering wheel, yet where is the fuel release or rear window control? It is not that the new employee cannot drive, it is more that they need to become aware how your car (your business) works.

  • What reports that can be run and what value do they offer?
  • How are reports created?
  • How are orders placed, created, packed, picked, delivered?
  • What bays are products kept in the warehouse & why?
  • How are product, service or delivery issues dealt with?
  • What is the SLA or Warranty policy?
  • How are Account Payment issues dealt with?
  • If products are delayed what are the alternative options?
  • How does our social media and promotions work?
  • Reports, documentation, signatures, required by what date and by who?

These are merely some examples, yet the true processes will be company specific, yet just as important to be communicated.

Products & Services

product_word_with_target_dart_and_arrow_showing_business_and_marketing_target_stock_photo_Slide01

Every business has a product or a service, but without the knowledge of these then it is very difficult for people to discuss openly and confidently to clients and potential new business.  The products hold the key to the revenue that the business makes, so the time and money spent on training all staff across the business in what you provide is vitally important.

  • Manufacturing – How & where?
  • Key Product Features
  • Range Architecture
  • Brand Architecture
  • Price Architecture 
  • Product Channels – Routes to sale/supply
  • Customer Brand Specific Products
  • Packaging 
  • Marketing
  • Promotions – Period and Offers
  • Availability – Lead Times?
  • Products made to order or Ex Stock?

Products are updated, re-launched, re-sourced therefore, at every stage all touch points of the businesses staff should be immersed in these changes, clear communication on whats changed, why it’s changed and how it will affect the business.

People

th

If trained on the processes and the product, they also need to know the people who they are working with. These are the key people to ensure that they keep momentum in their new role, are supported and become fluid in their daily operations, through working closely with the team around them.

  • Who are the ‘GO-TO’ people in the business?
  • Which department does what?
  • How will the new staff avoid a ‘congestion‘ or ‘backlog‘ if they do not know the people who are involved in the process?
  • Who are the Heads of Department?
  • Who are Departmental Champions – Knowledge and Experience?
  • Where are they in the Building, Warehouse or around the World?

As part of all inductions adequate time should be offered with each of the departments and the key people, new starters should for a day or two, live and breathe the work they do. Understand the areas that could be supported by them and also look for ways of adding value to the existing process.

Logistics & Service

logistics2_(1)

A strong understanding of how the product or service will be delivered is going to be another key requirement of the training process. It may well have been ordered correctly, paid for and awaiting delivery, but how does the product actually get delivered?

Training on this area of the business will not only offer confidence in the end to end service that their product receives, but also provide a level of conviction and confidence when they are customer facing. They will at some stage be required to provide answers and knowledge to those fact-finding questions.

This training should not just be about the delivery itself , but actually the whole experience from pack, pick, load, ship, deliver.

Only by this way can a visual imprint of the business processes of delivery be recalled.

  • Where do the products come from?
  • How are they stored in the warehouse?
  • What is the delivery time frame from date of order?
  • What delivery frequency do they go the customers area?
  • Which delivery route is the hardest and why?
  • How are products loaded to protect them in transit?
  • What happens with damaged goods?
  • What are common damages and how are they avoided?
  • What is the cost of a delivery, does it vary?
  • Whats the after sales process?
  • What makes us different from the competition through our SLA?

Some of the biggest findings within any business and its operation actually will come from getting out and about, experiencing the customers journey, as much as  they will be experiencing the product journey.

If it’s a painful experience full of questions for staff, then it is even worse for your customers. Training new staff this way opens the door for regular feedback, but also the opportunity for new ideas and shared experience to be passed across.

Customer

2013.1.3-Customer

As part of the induction process and with any new training in a new business, will come the meeting of new and existing customers. of course with all the process, product and service training in place the knowledge and confidence when speaking via phone or in person will be both felt by the customer and team alike.

The area that needs to be trained still within any new starter or new to a department role (promotion etc) has to be who are they customers

  • What customer channels do you supply?
  • Who are the key accounts responsible for 80% revenue 
  • Who are the main contacts?
  • What are customers specific requests? 
    • ‘All deliveries into plot’
    • ‘No promotions at branch level unless Group Buyer sign off’
    • ‘All deliveries to central stores, no branch deliveries’
    • ‘No returns policy issued’
  • Packaging requirements by channel or brand supplied
  • Payment/Credit limits – Good & Bad
  • Displaying Stores/Retailers – Best/Worst
  • Frequency of contact required by customer/ actual needed by team
  • Events and Trade shows – Who supports – who attends
  • Prospects list
    • Who are the business looking to work with?
    • Where are the weak areas of the business to grow?
    • Opportunities in process 

Company Values

 

values

Ideally everyone that joins a new business from that day 1 forward, needs the basics of processes & systems within the operation.

Training should be ongoing and geared to being progressive and ever evolving

Alongside all of the aforementioned though there is another area, that should be shared, both for understanding, but also for ‘engagement’ and ‘buy-in’ from new staff and the existing team. This is its Core Values and Culture.

A company will retain staff that are both of the above, as if they feel trained, empowered and can see that the company values are adhered and led by its senior board, then this will be cascaded throughout the various business units.

A business may well have core values written down, or pasted around the estate to aspire, but if their actual culture is way out of kilter, then new employees can and will pick up on this. The danger is if management visibly do not embrace the core values and live and breathe these, then any goal or aspirations of where those values sit will simply be diluted and ignored through the business. This is why the training and development ongoing is so important, to ensure that your new staff as well as existing do not stagnate.

Core values, KPI targets and a purposeful mission statement with all company employees led towards a common goal by a management board will drive positive change. However it will not if the business has an old-fashioned silo mentality and negative culture. This can cause the opposite and the retention rates will plummet.

Training and development is one area, Company culture is another, both need to be carefully balanced. The culture of a business, however good its training may or may not be needs to be solid robust, yet embrace and engage all touch points of the employees it has within it.  A business clear on communication with a positive culture, strong training and its people’s qualities recognised, will continue to retain staff.

Specific Role Related Training – Ongoing 

th (1)

People clearly develop with training, the process and systems do the same, ultimately a better service will provide increased happy customers, providing increased revenue for the business, due to the trained staff. It becomes a reciprocal solution when it is recognised top down through management and bought into bottom up through the staff.

The basics once trained should only be seen as the foundations being put in place for a new starter. This is to ensure that everyone receives the same levels of input at the start of their employment, so that this benefits them and the business they’ve joined in the long run.

Over and above these foundations are to work and train the individual for the future.

  • What are their specific role requirement needs? 
  • What areas have they showed an interest in developing?
  • What other departments could they have transferable skills?
  • Have they ever had to recruit staff as a line manager?
  • Have they ever had any management training?
  • Maybe managers by sales performance yet need the people skills training to develop further?
  • Excellent ware house operative, yet could have Warehouse manager training?
  • Succession Planning??

Training is an investment if provided correctly. Staff feel engaged, empowered and valued if their career is invested in as well. The better they become the better the business will become. Retention is a cost if the rate of leave is high.

Evolve, Evade or Capture

Three areas at some stage we will find ourselves having to make quick decisions within our business activities.

Similar to the fight or flight reaction, the directional course is subjective to the individual and how they adapt to their decisions and outcomes.

What we know is within the business world we work in there will always be:-

  • Competitors
  • Won & Lost customers
  • Strong & Weak markets/channels
  • New product, companies and USP’s
  • Price fluctuations  up and down ↑ ↓
  • ‘Acts of God’ simply unaccountable
  • Innovations in channels
  • Trending or Non trending products & services
  • Good and bad service
  • Good people coming and going
  • Strong or weak cash flow
  • Economic crisis or fluctuations

These are just a few to mention, but ultimately all are factors that we have to deal with in some way or form. They may arrive as individual scenarios, or they could all be apparent at once.

The single constant is that they need action, implementation and strategic planning to ensure that you are fluid at adapting with them, not static, just allowing the causes to eat way into your business.

downl23oad

Evolve 

This activity simply cannot be avoided in the business.

Whilst many brands and products have stood the test of time, they have done this through evolution of their products or services.  Evolving doesn’t mean changing everything, it simply means adapting what already works to suit the changing circumstances that you now are facing.

An example evolving can be seen in cooking appliances. 

b6b07ea6e812a83fdf71b91bc03cc64bfisher1-large_trans++qVzuuqpFlyLIwiB6NTmJwfSVWeZ_vEN7c6bHu2jJnT8.jpg

To cook we need heat, that is a given, yet evolving this manufacturers have added cool touch doors, Wi-Fi connectivity for ease of control, soft close doors and LED lighting.  

The cooking is still done with heat, but the consumer and the market are driven by evolution.

Therefore, the products still cook, but customers have aspirations now around form and function because of what they see.  If manufacturers just provided a box that heats up it would cook, but it would be left behind by the competition with their evolving innovations. 

Evolving is only necessary when the situations requite it.

They say don’t try and fix it if it’s not broken. It is however always worth in whatever situation you are in being prepared for it to break!

If you are then when it does you will have a plan B to follow through.

avoidance-post-accelerate-performance.jpg

Evade

The other option available is to evade in business. This is not a weakness or a easy way out, if anything, this is one of the harder decisions to make in business, yet can provide the best results.

If a business was to mirror every change to every product or service that was in competition with them, evolving each of their own products to match, this would be simply not cost effective.

  • Are all the products in their market channels?
  • What’s the sales opportunity on each product or service?
  • Do they need additional product lines?
  • Working capital tied up in stock?!
  • Investment costs to change?
  • ROI from all this evolution?
  • Market or channel focus and effective leadership?
  • Taken seriously by customers or just seen as a ‘me too’ supplier, who copy other businesses ideas?

Therefore this is where to evade is actually an opportunity.

Evade the products and trends that do not mirror your customers or core market channels. Maintain focus on what delivers your growth, build on this and explore the opportunity within.

Grow market share by focussing on the competition and evolving the products and services that are your current KSL’s (key selling lines)

The benefit of evading every trend in your market is that you can really focus on evolving what works and listening to your customers feedback, as to how these can be improved. This way you ate leading evolution from factual feedback, not following the crowd.

capture-new_0

Capture

 Aim to capture, not be captured

For anyone business is what we make it. The opportunities are out there and just need to be sought out and captured.

Whilst we are out evolving and evading, we are also being hunted down…by the competition. We could just evade our business and market share being captured, but that would be short term as defending your estate protects what you have, but it doesn’t grow your business, it just maintains it.

As mentioned above in the evolve section,  customers can and will move on, so defence of your business, products and services is only part of the jigsaw to fill.

Therefore, to capture is to advance forward and grow your share.

  • Take share from the competition within the existing estate
  • Build strong and multi person relationships throughout your customers
  • Look for areas where you can add value and ‘acquire’ incremental business
  • Don’t just defend your existing business, go on the offensive in search of new
  • Where are the competition strong, which accounts underpin their business?
  • Start to build relationships, acquire small areas of impact and grow your position
  • Search out weak points and evolve to these areas which will provide advances in share and revenue
  • Concentrate not just in one area specific, take your competition off guard
  • Coach the teams to search out as well as defend in every area
  • Always have a support plan for each of your major accounts, if they were to stop trading today

Summary

  1. Focus on you and your products strengths
  2. Defend your existing customers daily from competition taking share
  3. Evolve your offer to add value and capture incremental share in existing accounts
  4. Evade getting bogged down with unnecessary changes with no opportunity
  5. Evade losing relationships through complacency, build and strengthen them
  6. Capture new share from the competition, piece by piece.
  7. Hunt out areas that add value, find USP’s and build new relationships

Cap2ture.JPG

 

To see how your team could develop growth through effective questioning, contact Stormley Consulting for more information.

Working to improve and empower your people to grow your business to the next level.

 

 

Reviewed your strategy recently?

A strategy sets the focus for the goals to be achieved.

The measurement and review frequency of a strategy are paramount to the success of it.

  • Is the strategy still reflective of the market it was written for?
  • Are the team able to carry out the strategy effectively?
  • Are the team trained to the standard that the strategy requires?
  • Is the business actually on board with the strategy?
  • Where is the strategy starting from and where will it end up?
  • Does the strategy now need bringing into the ‘new world’
  • Who’s measuring it, and how is it performing?
  • Does everyone understand where they are going with the strategy?

A great article posted by Mckinsey is well worth a read to explore some of these crucial questions.

Click the link below

Have You Tested Your Strategy Recently?

Image result for strategic planning

For more articles, posts and information visit Stormley Consulting  or contact us on this form

LogoMaker-1469364152072

Time to consider a team restructure 

Restructuring your team ?

It’s important to regularly check that your business is structured the best way for success. 

Having the right roles structured the right way means you can meet the needs of your customers and take your business to the next level.
A great thought provoking post from (New Zealand govt) highlights these considerations. 

Click the link below for the full article

Why and when to restructure your team

http://www.stormleyconsulting.com

Seven ways to align your sales team with your customer service team

Link your sales to your service

A very interesting read from a post in My Customer

Click the link below for the article

Link your Sales with your Service

100 questions to help you uncover the needs of your prospects & clients

Assessment of customers needs

Great post, very clear information to simply acquire fact and details. 

Click below for the article post

100 questions to uncover the needs of your customers

As this article highlights it is how teams open up conversation and question to understand. 

All questions should build a picture for exactly what your prospects and existing customers needs are. 

Even when a customer has been loyal for many years, good communication through questions can lead to fresh opportunity and growth. 

To see how your team could develop growth through effective questioning, contact Stormley Consulting for more information. 

Working to improve and empower your people to grow your business to the next level. 

Your Customers Have These 30 Needs. Are You Meeting Them?

A great read from Larry Kim on Inc.com today 

Click the link below for the full article. 

Your Customers Have These 30 Needs. Are You Meeting Them?

CEO or MD,are you really getting what you’re paying for ?

Getting value from your people?

If you’ve got a product or service that your company manufacturers or supplies, then you’ve most certainly got sales, category and marketing teams.  

With various tiers of management within business units, comes various levels of skills, knowledge and experience. 

From a financial aspect comes a large bottom line cost. 

Therefore, if that cost is not providing you with the expected ROI, then put simply, it is not allowing your business to be as effective as it could. 

As the MD or CEO you are ultimately the key voice and vision for the successful delivery if your #business strategy, yet the success is underpinned (or not) by the rest of the channels in the company. 

So are you really getting what you pay for?

The deliverables required will have been set out in your strategy for the year, but is everyone really on board?

With a selection of company measures in place,from kpi’s to 121 appraisals from channel heads, the optimum measure will be the success achieved against the goals set out in the strategy, ultimately if these are not being achieved then something is fundamentally wrong. 

Audit & Assessment

Stormley consulting understand the importance of auditing your people and customers to make a full assessment of the key areas that require tuning. 

  • Are you receiving clear information reported back, or just the bits that they know will shine?
  • What’s are the customers saying really about the end to end experience
  • What’s the measure of performance across the individuals, not the departments?
  • Are the channel directors empowering their teams and really supporting the strategy?
  • What support is needed where and with who?
  • What growth is being missed, yet available through untapped channels? 
  • Are 121 appraisals driving development in people and coaching them for growth, it simply ticking a box?
  • What are the teams feelings and drivers? 
  • Working as a tight fluid unit, all joined up, entirely misaligned or just driven by their monthly salary cheque.  

Considering using a consultant

So you are at full capacity with your sakes and marketing teams annual budget, yet not alk the people you pay are supporting that budget?

The fact is that maybe they could yet need to be heard, coached, mentored, empowered, but their current situation doesn’t provide this or allow it. 

How many businesses have fantastic people, with fantastic talent, yet a line manager or director is not providing the level of support to extract and develop this..

How much of the focus is on the target v how much is on the people that deliver it? 

Driving for key accounts and new channels of growth only works if the people who will support the accounts experience are confident in themselves, and possess the skills to deliver this.

If they are driven solely by a kpi then it’s numbers oriented selling. 

If they are driven by opportunity and fresh challenges that they learn from, then it becomes culture sales driven as well. 

Investing in time spent with a consultant offers an external impact that doesn’t detract from the strategy, but does put the team confident of achieving their goal. 

Stormley consulting recognise the importance of understanding your goal, culture and development opportunities for your people. 

Contact us for more information

Aligned with your millennial workforce yet?

Learn from the millennial

Embracing millennial knowledge is useful and the post below, written by one, anchors some key learnings businesses and it’s leaders can both embrace and learn from. 
In short they want to learn from you as leaders in business, as much as we should now require to learn from them. 

Click the link below for the details

Millennial aligned yet?

11 Brutal Truths Every Baby Boomer Needs to Hear (Written by a Millennial)

Who are the millennial workforce?

Contact to us to see how a business can embrace and engage with its entire workforce, top down, bottom up, contact Stormley Consulting

We are able to structure a focussed integration plan to enhance the learnings hidden within your people. 

For more information on what we do, who we are and how we do it please contact us at Stormley Consulting, or follow our blog 

@STORMLEYc
Stormley Consulting
Stormley Consulting