A blog which talks advertising, business and anything else that may be of interest.
Tuesday, December 7, 2010
In The Weeds?
A common problem among many growing businesses is getting caught in the task rut. With business steadily coming in it is easy to get consumed in those tasks that are necessary to get the job done. Being caught in the weeds as many call it can cause your business to plateau and not realize the potential growth opportunities that exist. Many companies become growth addicted and feel that a year with no growth is essentially a loss. So they forge ahead bringing in even more business which comes with even more work. Now they are not just caught in the weeds they are lost in them.
The problem starts when the tasks run the business instead of the business running the tasks. In busy times operational processes tend to be thrown aside in order to get the work done. This can lead to a chaotic work place which can disengage even the best employees. The following are a few ideas which can be implemented to keep the company from becoming a stagnant loss.
1. Have a Plan.
Plan where you want to be in 1, 3 and 5 years time with your business. In identifying this you can recognize those operational needs and changes which will be necessary to keep growth moving smoothly.
2. Review Processes.
Be sure to regularly review your operational processes. Over time they need to evolve with the business.
3.Slow Down in Order to Speed Up.
When the business has plateaued there is a good chance something needs to change, The type of change and how it is to be implemented cannot be understood when you are buried in tasks.
4. Transparency.
Be transparent with your employees. Let them know where the company stands presently and show them where you want the company to be. Having everyone on board is the only way real change can be accomplished.
5. Have the Uncomfortable Conversations.
Everyone in business recognizes that you cannot avoid these. Whether it is dealing with an under-performing employee or challenging a client, these conversations tend to be pushed aside in busy times.
6. Evaluate and Adjust.
Just because you develop a great strategic plan to get to point B, it does not mean this plan will get you there, The best plans involve periodic evaluations of progress and subsequent evolutions of various plan executions.
7. Baby Steps.
Some plans never see the light of day because their creators are too worried with drafting the complete and concise strategy. Start with small wins and build from there,
Keep these in mind to help your company stay on the upward swing on the growth curve.
Tuesday, November 16, 2010
Being Viral Isn’t Always a Bad Thing.
Monday, September 13, 2010
Open the Gates.
Where does that leave the rest of us? Well as social responsibility has become a mainstay in the business world this proves as a lead by example project for the ages. Does this mean as businesses we all run out and pledge our profits? No. But we can all take a step towards contributing to the well being of our communities.
Putting the altruistic reasoning for giving aside we should keep in mind those aspects of the effort that may benefit us. Yes that right it’s not shameful to benefit from your charitable ventures. With that being said you should do your homework in choosing the right recipient for your humanitarianism.
Do you pick the charity that pulls on your heart strings, is local, has friends or family involved? Maybe. In choosing you should keep in mind your marketing and communications plan. Sure, all charities are worthwhile but find one that connects with your target market and viola you have given yourself a differentiating factor.
The list of businesses and their associated charities is large and well known to most. Proctor and Gamble's Dawn Dish Liquid and the World Wildlife Foundation, McDonald's and the Ronald McDonald Houses, Canadian Tire's Jump Start Program and Tim Horton's Camp Day are just a few examples.
Big and small businesses alike have found a way to be charitable and also help build their brands. This is no more evident than in a commodity market where price and service do not differentiate products greatly. Find a cause to support that hits home with your consumer and you just gave the consumer convincing reason to give you their share of wallet.
Have you found your major charity to support?
To read more on the Gate's and Buffet billionaire challenge check out this
Fortune Magazine article.
Tuesday, April 20, 2010
Too Social?
Many businesses out there especially the larger bureaucratic ones have a solution which is to block access to these sites. This is overkill in my mind especially since this method of communication is altering the way that this generation is doing business. Keep up or be left out.
So how does a business regulate this? Increase policy? No. Block the Internet? No. Empower employees? Yes. By empowering employees I mean showing them what it is for them to be productive and to be a contributor to the bottom line. Allow them to understand where they fit in the business process and what they need to do to be a strong link in the chain. This is not an easy task but certainly worth the effort.
For business managers out there it can be summed up in one sentence...if your employees feel the constant need to minimize or close out their screens when others come by then they are wasting time. If the business manager and employee both come to understand this together, productivity with respect to wasting time on social networks will not be an issue.
Tuesday, February 9, 2010
A Missed Opportunity?
That boat being the social media vessel. Sure social media allows the Superbowl ad buzz to continue after the big game as people critique and share their views of the ads. While companies post their ads to You Tube to reach potential new viewers aside from the game. But the question is...Why didn't any companies use the largest single viewership to promote something that could have legs in both the digital and traditional media worlds. It would seem like the perfect opportunity to launch a campaign which pushes consumers to social media vessels. This would allow companies to build their follower numbers and give them exactly what they want, more consumer's eyes and ears. Let's be honest there are not many of these one time large reach opportunities that can push a social media message to your audience. Maybe next year will yield a different approach to the most anticipated ads of the year.
Thursday, January 28, 2010
Where to Start?
Obviously there are many out there that know the answer to this question. But for the average business the question is indeed important. Where do I start with my business in the Social Media mix? Unfortunately there is no short easy answer but one thing is for certain it is not wise to jump in the mix with no plan. You need to use Social Media as a integrated part of your marketing mix which leads us to another question that is not so easy to answer - What am I looking to accomplish with my marketing?
Social Media should be used to draw your customers into a conversation. What this conservation looks to obtain will depend mainly on what you are looking to accomplish with your overall marketing plan. Most businesses I would assume are looking to just connect with their customers with social media and figure it out from there. However if you want to manage your brand then you want to make sure that what you are saying on social networks is in line with your overall branding. Much like traditional media you need to know who your customers are and where they are spending their time. Once you find them the place to start is just to listen because unlike traditional media, social media allows us the ability to do just that – listen. Find out what they are saying and why they are saying it. From here you can devise a strategy to interject in the conversation and help shape how the conversation evolves. But be aware of the fact that you should spend more time listening then interjecting. It’s no longer about pushing a message to the consumer, it’s more about letting the customer help you craft and spread the message.
Wednesday, January 20, 2010
6 Months - So Long Yet So Short
My original experiment was to start the blog and see how long it would take before I myself could start some conversation regarding my thoughts on Advertising and Digital Media. In doing this I am hoping to move my blog, twitter and facebook persona up the Google list.
Why am I doing this?
There are a multitude of 'experts' out there, however I am not doing this to become an expert in the eyes of others. I want to be a student of these disciplines which I feel are essential for any business to prosper in the coming years. I do not want to be left in the proverbial dust these rapidly evolving disciplines are sure to stir up. Anyway it is hard to write to an audience when you don't know who they are...well maybe I do...it's an audience of one...ME. Hopefully this will not be the case in 5 years!!! lol
