You are currently browsing the Business Bulldog weblog archives for November, 2010.
26. November 2010 by Bob Griffin.
The insanity of the season is in full swing as I write this article. After Thanksgiving sales in the US have been going since midnight and this ritual has to stop. I understand the “shoppers thrill” of losing sleep to get bargains. That kind of craziness is where therapists pay for their retirements. The point at which you have good, hard working employees pulling ridiculous shifts trying to help sleep deprived people buy an X-box is when we need to draw a line.
I understand that businesses in this world-wide economic meltdown are desperate for any customer but to turn a profit on the backs of good employees is wrong. Small business owners get a break at this point because most of them work side by side with their employees. The ones who have no soul are the big box chains that have a hidden Board of Directors and a CEO who couldn’t work a POS system to save his or her life. Every employee who has never seen an executive on the sales floor and has worked for years with the same company should mail a copy of the Bulldog Rules for Business to them. All business starts with the interaction with customers. Any thought by a Vice President or higher in an organization that what they do makes the company money is a fantasy. Don’t misquote me on this subject. The need for strength at the top is critical, but the money is earned on the front-line. Real leaders live, work, and breathe on the front-line.
Where is the CEO at midnight or even 4am when the store opens? I have not seen a news story that mentions an executive helping out in a store the day after Thanksgiving. Leaders lead and don’t ask for more than they are willing to give. Want loyal customers? Be a loyal boss.
I am not writing this to stir the pot and make employees angry. The point is that often we make plans and hand them to the lowest paid person on the team to implement. If you work beside that employee, you can see the holes in the plan and make better plans. You will show any staff between your position and the front-line that you are not above doing any job and they dang well better not be either. Leadership starts with you. Show them, tell them, and then reward them for their hard work.
Be loyal to gain loyalty. Be respectful to be respected. Grow your business by growing with it.
Bob Griffin - CEO and Co-Founder
Email: Questions@BusinessBulldog.com
Posted in Customer Service, Creating the Culture, Being the Boss, Making Money | Print | 1 Comment »
6. November 2010 by Noel Guilford.
In the seventh season of Seinfeld, a very memorable character nicknamed the “Soup Nazi” was introduced. This character was based on a real soup vendor out of New York that I actually had the pleasure of meeting. Notably portrayed as a business owner with a high quality product, and low quality service. For the record, while the low quality service displayed on television may be the product of a little embellishment, the high quality of the product is spot on. I’ve never had shrimp bisque so good but that’s beside the point.
What does this have to do with you and your business? Well, I’ll tell you. On the front lines of many service oriented industries you will find the “Coupon Nazi”. The Coupon Nazi as we will call them here is that front line representative that acts as a warden preventing customers from taking advantage of their company and its policies. They serve to make sure that no eleventh item makes it through any ten items or less isle, that no offer is taken after its expiration date or at the wrong location, and that each and every surcharge, add on, up sale, and hidden fee is applied and accounted for.
As a business owner I’m sure that you agree that policies and procedures are in place for a reason. In many cases this is true with the exception of customer conflict. For example, let’s say that a customer needing to perform vehicle maintenance decides to use an offer sent through the mail for 20% of their total cost. The customer is looking to spend roughly 800 dollars on various repairs and maintenance. The Coupon Nazi notices that the coupon expired several days prior and immediately notifies the customer that the coupon is expired. In some cases the customer is very apologetic and accepting of the policy. For the sake of argument let’s say that the customer is not so understanding and the inflexibility of the Coupon Nazi drives the customer away. The Coupon Nazi’s victory just cost that business owner an immediate $640 dollars and any residual sales generated from repeat business over the lifetime of that customer. In addition they also have ensured that those sales, immediate and repeat, will go to one of your competitors. Looks like employee of the month material to me (note the sarcasm).
In the previous example it may seem easier to see the effects of our Coupon Nazi because the immediate sale is high. In an instance where the immediate sale is low you may have a higher number of customers who will leave and yet it is more difficult to see the effects because it takes longer for the consequences to add up. Consequently, Coupon Nazi’s are created by the short leashes of upper management. It is possible to identify and deter this behavior but policy change must start from top to bottom. Here are some general rules to go by:
Simple steps will help grow your business. Ignoring the issue is costing you! Bulldog Rule #8 - Re-examine your business often.
Posted in Marketing, Customer Service, Creating the Culture, Training, Making Money | Print | 60 Comments »