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Tuesday, September 1, 2009

How to Quit Playing Phone Tag

How much time do you waste trying to reach people, leaving messages, only to miss their return call?

Phone tag isn't insurmountable. Some companies, usually larger ones, have ways to forward your desk phone to your cell phone. However, if you work for smaller companies, or yourself, you may not have that luxury.

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Fortunately, RingCentral offers a product that will forward your desk phone to any of four different numbers, so people can find you! Wouldn't it be nice if others had such a service?

RingCentral will forward the call to which ever number picks up first, though you can set a preference. Simply, RingCentral utilizes your internet connection to handle the call hand offs. Additionally, you may need similar services for faxing, which RingCentral also provides.

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Not to be out done, Google is soon to offer a service called Google Voice. Although it is only available by invite only (?), it is said to offer call forwarding, screening, voice mail, etc. It appears this will be a "free" service, but I don't have anymore details as of 01 September 2009.

Here is a brief interview from BusinessWeek that spells out some of the differences.




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Wednesday, August 5, 2009

Easy Ways to Make Your Employees Happier

Are your employees happy? Better yet, are your employees fulfilled in their work?

Harvard fellow Anthony (Tony) Tjan, suggests it can be done in four simple steps. While I agree that his four steps are significant, I would like to expand on them.

Tony's four steps are:

  1. Help the employee create a meaningful role
  2. Provide feedback
  3. Provide professional development
  4. Acknowledge contribution
Mr. Tjan's steps are designed to maximize the interior motivation of the employee, in other words, as he puts it, the love side of the love or money relationship.

While many people have jobs whose compensation is minimal compared with their skills, those people place a significant value on their work. Examples could be military personnel, police officers, clergy, teachers, etc. The work is important to society at large and personally rewarding, though it offers less than exceptional financial compensation.

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Helping employees find what is most important to them in the company fulfills the need to provide a meaningful service. Additionally, an emotionally attached employee will likely stay with the company longer, or until their goals have been accomplished.

Feedback, which I have written about on this blog, provides the employee the critical information they need to stay on the right track, and to fulfill their job expectations. Good feedback can also introduce new opportunities in the business that fit the needs of the employee, as well as providing a clear road map for success.

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Feedback also highlights the need for professional development. Suggesting and providing the resources to achieve the next level of success encourages the employee not only to achieve more, but also to remain with the company. Professional development also creates reciprocity. Many companies offer tuition reimbursement, though they require a one year commitment. However, the retention requirement should be seen as a positive investment in the employee and their career trajectory.

Finally, the three steps above require the fourth step to be successful. The employee be recognized for their achievements and contributions. Recognition, whether in the form of money or a simple certificate, rewards and reinforces the actions of the employee and encourages them to remain and continue to succeed.

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Providing personally rewarding work, directing it, expanding it, and reinforcing its' value is a formula for a long-term, high-performing employee. Psychic benefits are, or in some cases, more important than material benefits. However, the proper balance and fulfillment of the two will make employees happy.

Tuesday, July 14, 2009

The Case for Core Competencies

Simultaneously posted at “Dollars and Sense” http://www.economicefficiency.blogspot.com

Whether large or small, what keeps a business going is its’ core competencies. Those one or two things the company does best that distinguish it from its competitors should be, with customers, its top focus. In three cases, Topps baseball cards, Quiksilver surf merchandise, and Dial-A-Mattress, straying from core competency either ruined, or nearly ruined a successful business.

Topps, a multi-generational, family-owned business, was known in the industry as one of the top two producers of baseball cards. It was successful in the business because it had exclusive rights with players and clubs to the images used on the cards. Additionally, they also were successful selling the formula and base materials for the chewing gum that went into the packs of cards. RingCentral Online - Free Trial plus 10% Off

However, as the founding members passed away and the younger generations took control, the company began to change. No longer satisfied with business as usual, it was decided the business should rapidly expand and begin competing with larger confectioners, such as Wrigley’s and Beech-Nut. This proved disastrous. As the expansion and new products, such as chocolate flavored gum failed, the company neared bankruptcy. In 1984, the firm was bought by the leveraged buy out firm of Forstmann Little & Co.

Quiksilver, a popular surfboard and surf merchandiser is currently suffering from its expansion into Rossignol skis and Cleveland Golf equipment. Rossignol was purchased in 2005. Its recognizable name in Europe and among ski aficionados appeared to fit with Quiksilver’s sports brands. However, the manufacture and marketing of skis and golf clubs proved radically difficult to integrate into the other product sets. Both units have been sold, and in 2009, according to multiple sources, is on Moody’s Bottom Rung list of companies unlikely to pay back their debt. Cheap? No. 100% Free. Trade stocks for free on Zecco.com. The Free Trading Community. www.zecco.com

Finally, Dial-A-Mattress, the firm started in 1976 allowing customers to order mattresses over telephone is being sold to it rival, Sleepy’s Inc. The Wall Street Journal reports in the July 14, 2009 print edition that “…the two major changes in his business were largely to blame: an expansion into brick-and-mortar sales and a culture clash brought on by new management.”

While the story from the Journal sheds light on how new, big company executives squashed the entrepreneurial, employee-input driven culture, the real story is that Dial-A-Mattress strayed from its direct sales model into competing with other established storefronts. Find high-end jobs on Doostang. It takes 30 seconds to join. JOIN TODAY. www.doostang.com

In these three cases, failure to adhere to core competencies has ruined or nearly ruined the businesses. While many find a core competency approach too conservative and not growth-oriented, it can be clearly argued that in many cases, such a conservative approach rewards businesses and investors. While I don’t discourage risk taking, it should be done fully understanding the consequences. While Boeing was able to radically change air travel with the release of the 747, many other companies failed miserably. For companies, understand the risk and prepare for it. Investors, do the same. However, don’t be ashamed to make a profit from doing that at which you do best.

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Monday, July 13, 2009

Are Pay Job Search Sites Worth It?

First, I apologize for taking so long to post a new article. I am now among the ranks of those who have lost their job. However, with a decent network, a solid education and experience, everybody tells me I should be all right. However, should I be using the pay-for-search sites?

There are several companies that offer recruitment services like MRI, Sterling-Hoffman, etc., at no charge. There are also companies like TheLadders.com, Doostang, and RiseSmart that offer a fee for service. Does it make sense to use them? Executives & Professionals: Changing Jobs?

TheLadders.com


I have used TheLadders.com in the past and found the information, particularly the names and contact info of recruiters excellent. TheLadders.com targets job seekers whose salaries are above $100,000. I didn't particularly like to pay, however, the content was easily available and accessible. Additionally, if has a very strong search function for specific positions, though it can be very granular. A Better Way To Search for $100,000+ Jobs. Join TheLadders.com!

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I have never used Doostang, because it is new to me. It has a particular niche, targeting "elite" universities. This is how they describe their service:

"Doostang is an exclusive career community for elite young professionals. Doostang has over 500,000 members, the majority of which come from elite educational backgrounds and are interested in the finance, consulting, media, entertainment and technology industries."

While TheLadders.com is not specifically targeted like Doostang, both are focused on the higher income job seeker. Find high-end jobs on Doostang. It takes 30 seconds to join. JOIN TODAY. www.doostang.com

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RiseSmart is another site which I haven't used personally, again, as it is a new site. Like TheLadders.com and Doostang, RiseSmart targets the $100,000 job seekers.

From their site:

"The Human-Powered Job Search Portal Making $100K+ job searches easier than ever! RiseSmart is the first service of its kind: a human-powered job search portal that prescreens online search results for time-starved managers and executives. The RiseSmart team matches opportunities with jobseekers based on each member’s unique profile, saving our subscribers countless hours of Internet searching."

RiseSmart appears, at least according to their material, to have a slight edge of TheLadders.com. With TheLadders.com, you have sort through the results. If you have a good search criteria, that may not be an issue, however, RiseSmart indicates they do the ordering and sorting for you. Top High Paying Jobs. Use our services and find your dream job fast. Register now!www.risesmart.com

Is it worth it? Should I spend my money on these sites? From my experience, they are worth investigating. I used TheLadders.com, but probably not to the fullest. Doostang and RiseSmart appear to have capitalized on the things TheLadders.com didn't do very well. If you are in the $100,000 salary range and looking for a new opportunity, check out the sites. See which ones are the best fit. If they meet your requirements, it could be the best money you have ever spent. Good Luck!

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Tuesday, July 7, 2009

Create Your Story

We all have our personal story. However, when it comes to telling it in an interview, it is usually done horribly. We want to play it safe and minimize gaps in employment. Unfortunately, that makes for a very boring story.

Hermina Ibara and Kent Lineback published an article in the Harvard Business Review (January 2005) titled, "What's Your Story?" The article explains how as people, our attention is captured and focused by a good story. RingCentral Online - Free Trial plus 10% Off

A good story is one that has drama, structure, and follows some basic themes. Whether it is overcoming adversity or discovering your best self, your personal narrative has to be compelling, and most importantly, true.

Each of us has suffered ups and downs not just in life, but also in our careers. Sometimes things have gone terribly wrong and it has taken time to correct them. Other times, events outside of work have required us to make changes that have taken us down paths we would have never thought to go. These events are compelling! They are certainly more compelling than a resume recitation. Find high-end jobs on Doostang. It takes 30 seconds to join. JOIN TODAY. www.doostang.com

Here are some common themes from the Ibara and Lineback:

  • A protagonist the listener cares about - a struggle we all can relate to
  • A catalyst requiring action - often found the first act of plays
  • Trials and tribulation - the struggles and questions we face
  • A turning point - When clarity is achieved and action is taken
  • Resolution - The results of our decisions
Like any good story, our personal narrative should explain our career in a way familiar to listeners. As our lives are full of twists and turns, so are our careers. There is no shame in being laid off or fired, so long as you learned from the event and are better prepared for the next step. Communicate how you had to make hard decisions, difficult changes, but are better for it. Your life is important, so is your career. Tell your story, people will like it!

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Friday, June 26, 2009

You're Fired, Now What?

It can happen to anybody, like me! Yes, you get the call from your director with the appropriate apologies and warm feelings. Now what? Perhaps you have kids, a mortgage, a pregnant wife, is this the end?

Take heart! Since you are a good manager, you have taken the time to build strong networking relationships in your company, right? You have also spent time getting the right training for this eventuality. You'll be fine, at least that's what everybody tells you. RingCentral Online - Free Trial plus 10% Off

Losing a job is one of the most difficult emotional, financial, and stress-inducing situations a person can face. Like somebody who has lost a loved one, a person who has lost a job often has diminished, higher order thinking skills. They also have diminished short term memory. The physical brain responds to emotional stress by focusing on life-preserving functions. It re-directs capacity from high-order thinking to low-order thinking. Sadly, many are unaware that it is happening. Now that you know what will happen, take action!

If you lose your job, for the first couple of days, make sure you write things down, more so than you normally would. Try to avoid making major decisions for up to 6 weeks, if possible. If not, make sure you consult a trusted friend who can give you an unbiased opinion. Land your next best job. Get started. www.Doostang.com

Additionally, use your social network. Notify your friends and colleagues on Facebook, LinkedIn, and Twitter that you are immediately on the market. Ask for advice, leads, and support. Consider all opportunities thoroughly and make sure you have folks you trust to give good advice. While Web 2.0 is awesome, don't count on your three, excellently written blogs to generate sufficient income (http://www.economicefficiency.blogspot.com and http://www.cleanerairforcities.blogspot.com).

Finally, when it comes time to leave your current job, do so with dignity. Be positive in your exit interview. Personally give your best wishes to those around you, even the person who fired you. It is a small world and gestures of courtesy and professionalism are well-remembered. Please remember also that your life is more valuable than any job or amount of money. If you are experiencing suicidal thoughts, get help immediately! Contact SAVE.org, tell a friend, your religious leader, a police officer, anybody, just get help.

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Monday, June 22, 2009

Hey Boss, How are You Holding Up?

Stress is a very hot topic in 2009. The global economy is falling or scratching rock bottom and record unemployment is sticking around.

As a manager, you are not immune from these stresses. You may have had to lay off some of your staff. You may have seen some of your best customers go under or quit using your services. Your peers, superiors and staff are all acting a little funny. How are you holding up? All Inclusive for 60% Off! Save Up to 60% on Your All Inclusive Vacation in the Caribbean. Get Your Instant Quote Today!

It is very easy to believe to stick our collective heads in the sand and pretend this stress isn't adding up. We have sent out numerous "Dear Colleague" letters to help focus our staffs on customers and to keep their minds on the business. However, the stress has taken its toll. You have probably worried about your job and how to keep your business running. All of the stress adds up, but you can do something about it!

Annie McKee of Harvard Business Publishing wrote an article titled, "Are You About to Snap? Snap Out of It!" with four great points. A virtual PBX system with voicemail and Internet Fax. Try it free today.

1. Stop, look, and listen - It is time to pull yourself together. Observe what is being said by employees, managers and customers. Listen for subtle cries for help and overt calls for improvement. Acknowledge the reality and plan for action.

2. Ask people how they feel - Most people don't walk around the office telling anybody who will listen their woes. However, in stressful times, people like to know their feelings are important. It is good to folks to opportunity to vent their fears and frustrations. Also, really good creative thought comes out of stressful situations.

3. Decide on three or four absolute must-do's for yourself at work. Prioritize and execute! Sounds familiar, doesn't it? If you try to do everything, nothing will get done. As headcount diminishes, the amount of work for those still working increases. Focus yours and the work of your staff around the most critical items. Determine what is truly urgent and what can wait. However, have a plan to address those thinks that didn't make the "Urgent" list.

4. Attend to yourself — and the people you love. Life is too short to ignore your loved ones and yourself. Your kids and your spouse need you too, and you need them! Make time to have dinner with your family, and then get back work if you must. Burn out is a real risk. Prevent it with small breaks and short get-aways. Also, don't neglect your physical and mental health.

The current business climate is challenging, to say the least. However, stress is not new. When considering stress and crisis, good crisis management and common sense can help you steer your ship and lead your crew to a safe harbor, even in the stormiest of seas. Observe the conditions, take care of your crew, set the priorities, and take care of yourself. Oh how I wish I were on a boat!

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