Archive for February 2012
A key business management skill that any business manager or executive should have is the ability to solve problems. The ability to solve problems is a prerequisite of effective decision making which really is to find solutions to problems or overcome obstacles.
In order to come up with the best solution to solving a problem a manager must find the route or source of the problem. When solving a problem relating to business there are 5 areas where the problem could originate from. These 5 areas include the following:
• Business Environment
• Human Resources
• Machinery and technology
• Method
• Materials
When you have uncovered a problem you need to ask a set of questions when you are assessing the problem in order to find the best solution. For example, if there is a problem within human resources regarding a lack of staff or training then, possible solutions could be bringing in extra part time staff to complete a project.
When solving a problem after you have identified it, it is important that you analyse it thoroughly to find out what is its cause. It is important that you look at all the possible causes before acting on one. You find that if you make a decision to act on the first cause you may find that there is another cause that you may have missed. A good example would be the problem where there is a downturn in sales in a certain market that the company is selling to.
After analysing the problem a possible cause of a downturn in sales could be attributed to a lack of adequate sales training. However, under further analysis it could be found that the market being sold to is not a buyer’s market. That is why it is important to keep searching for the possible cause to ensure the real one is found and dealt with.
As an entrepreneur and business owner I am always on the prowl for creative and effective ways to capture the attention of potential customers. During a long flight from Seattle to Columbus Ohio I was seated next to an executive from a large marketing firm with whom I’d managed to strike up a conversation. Her questions and responsive interest indicated to me that she was genuinely interested in the services I offered so I handed her my finest business card which she tucked into her pant pocket while gather her luggage from the over head compartment; as she did this I suddenly thought of all the paper wads I had found in the bottom of the washer that had been business cards I really wanted to save. So I decided to scientifically measure the value of this age old marketing / networking tool. Here are the results:
Over 600 people interviewed
Subjects sampled more than 29 states
(a very scientifically substantial and relevant sampling)
40% said they discard cards received because of no value.
So what happens to the other 60% of cards we hand out?
40% said they usually lose or misplace business cards.
10% said that most cards are difficult to spot in piles, files or organizers so they turn to resources like yellow pages.
Less than 5% said they have secured services from a business card.
Let’s sort through the data. By the way if you search the web you will find studies that conclude the business card is your most vital business investment. So, who’s right and who’s wrong? Actually no one is entirely wrong. Business cards have their place and uses. What research and experience tell me is that business cards are a great value when used well and in a timely fashion.
Business cards are seldom a good front-end marketing tool. This is true because most of them are discarded, lost or avoided due to obscurity. The exception to this rule is the creatively valuable business card.
Some examples of creative business cards include: calendar cards, magnet cards, coupon cards, info. Cards, etcetera. I will never forget the first business card I had ever actually kept and used; it had been handed to me by the owner of a print shop, on the back was a years calendar, so I placed it in my wallet and referenced it often for nearly a year before I was asked to lead a project at work that involved securing printing services, you know who I called first. Another example was a magnet card I picked up just because I thought it would be nice to secure notes to the front of my file cabinet; several months later I needed to buy tires for my car and the first call I made was the tire shop on that magnet. Another card I held onto for months was one that had some interesting facts and statistics that I thought I could reference in the future. The bottom line is, be creative and come up with a reason your potential customers should hold onto your card.
Business cards make great back-end marketing tools. Once you have you foot in the door they can and should be used frequently to ensure the customer knows how to contact you. I include a card with all correspondence. At the front end and back-end it is important to make sure your business card stands out.
Precautions and Tips
oAvoid depending on the business card to get the potential customer to contact you.
oAsk for the potential customer to give you their contact information in exchange for yours.
oMake notes that will be helpful for the potential customer on the back of the card.
oA photo of yourself is a nice personalizing touch.
oFollow up with card recipients within five days if they’ve never done business with you, ten if they have.
oInclude a card with every correspondence.
oPersonalize the business card by writing on the card what you can offer in your own handwriting.
The same precautions and tips may apply to the business card alternatives I’ll suggest next. If business cards aren’t all they’re cracked up to be what are the alternatives? There are actually many, and here we’ll explore just three that I have found are powerful.
Promotional Items
Instead of carrying business cards consider carrying a book of promotional checks. I like to ask this sales question, “If I could give you a blank check that you could fill in the -in the amount of- blank with any amount and cash it with guaranteed payment would you be interested in hearing more?” I then give them a check from my “special” checkbook that contains my contact information, a hand written expiration date, unique authorization code (the check number) and states that it is valid for a FREE 30 minute coaching session with me via telephone. They tend to generate second hand leads because the person I give it to finds it so interesting that they talk about it to others and they then contact me as well. You can order your checks from Current checks. Obviously you will not want any account information on the check. You will want your contact information and Key selling information or services on the check. You may also consider ordering look-alike checkbooks from a printer; unfortunately they may lack authenticity and resulting novelty as well as the unique check numbers.
Brochures & Booklets
Brochures and booklets are a great alternative to cards because they provide valuable information that encourages the receiver to keep it or better yet pass it on after retrieving your contact information. Brochures can offer research information, tips, innovative ideas, interesting facts or even fictional writing. Because brochures are relatively inexpensive you can distribute them liberally.
The most important rule to follow is, make sure your brochures are content rich. Put time and effort into brochure design to make them stimulating and attractive. You may consider having several different brochures to ensure you have a brochure that will best meet the potential customer’s need.
Consider including coupons, special offers and free gifts that must be claimed by an expiration date. You may also consider providing space where you can add handwritten notes to customize the piece for the customer.
The renowned entrepreneur and author of Emotionally Charged Learning were so far known for his command over organizational leadership on thought. The entrepreneur has however made his mark even as an actor as he appeared in the Hollywood movie, Death Wish Returns. He is also known for his appearance in Yesterday’s Target and Boys Club along with Daniel Baldwin and Le Var Burton respectively. He is also known to have directed actors like Faye Dunaway, Corbin Bernsen, Robert Wagner and Rachel Hunter. Not only this, he is known to have been a top rated director and producer. He is known to have produced the film Asylum Hill.
Eric Schiffer and Buddy Flick
Eric Schiffer’s career is about to attain a boost with the rising discussions about his acting in upcoming movie which is an action comedy, yet unnamed. The film is said to be a Buddy Flick. He would be starred alongside renowned and top listing stars. Known for his roles in A Woman Like That and Gentleman’s Club his upcoming role is also expected to bring glory to him. His Death Wish Returns was to have an independent release. The film was actually a remake on the part of Charles Bronson whose shooting began in December 2007. His performance in Boys Club was alongside eminent actors like Beau Bridges, Morris Day and Rachel Hunter. He is also known for his participation as an actor in a horror film known as A Nightmare on Elm Street.
Eric Schiffer and His Emotionally Charged Learning
Eric Schiffer’s contribution as an author has been one of his best done work. His guidance on management and business survival is something very different from ordinary business guides. It is a discovery of controversial management tactics. It has made its mark by evoking curiosity of interested employers and employees to run a successful business. This book throws light on forces concerning education and sophisticated entertainment. An overview of the one hundred and thirty pages of the book imparts an exciting reading experience. Three hundred copies of the book is said to have been sold so far in thirteen countries.
Eric Schiffer and his Popularity
Eric Schiffer is almost synonymous to popularity. He is not only a regular red carpet walker but is no less than any other top raking celebrity. He is not only a celebrated leader, a leadership expert and visionary but also a successful entrepreneur the reason for which he is primarily known.