6/22/08
How Can I Keep Generation X and Y Employees Happy?
Q: Generation X and Y have their own approach to work that includes a task orientation, a focus on results and an eagerness for change. These sound like skills that companies would or should value in employees. Will Gen X and Y workers inherently make good employees?
A: A recent study claims that most Generation X and Y employees will change jobs up to 26 times in their working life! Although I personally find this alarming, there is a way to slow down the unsettling changes, AND help the X’s and Y’s find comfort in your company.
Businesses highly value employees who can "see the big picture," are adaptable, and are enthusiastic about managing change. Gen X and Y, with the same perspectives, do seem like they would make great employees. But why is that?
One aspect of this approach is the pervasive impact of video games. John Seely Brown and Douglas Thomas write, in The Gamer Disposition in Harvard Business Review’s Breakthrough Ideas for 2008, that online multiplayer games create the exact skills most desired in today’s knowledge workers. These are:
• They are bottom-line orientation
• They understand the power of diversity
• They thrive on change
• They see learning as fun
• They marinate on the “edge”
Seely and Brown see these individuals as learning (from these complex, adaptive, interactive systems) a range of skills such as flexibility, resourcefulness, meritocracy focus, and innovativeness.
And my two cents include:
• They want growth and they want it now
• They want to feel needed and loved
• If they are not feeling the need and the love they will pick up and move to the next company that promises that
• Most will begin looking elsewhere when they perceive they are in boring roles
• From their background in “games” they are very willing to play one scenario against another to accomplish their mindset
So now what can you as an Employer do if you hire an X or a Y into a sales, management or executive role?
• Begin the process at the interview and acceptance states
• Have a definition of the role, expectations beginning DAY ONE.
• Don’t procrastinate on the two points above, you MUST DO THIS
• Don’t micro-manage
• Have a defined process of growth
• Include them in discussion groups of growth
• Continually challenge them to achieve
• Have a method of feedback from them
• Respect their suggestions by discussing, understanding, evaluating for use
• Did I mention they hate being micro-managed?
• This list could go on to great lengths
• If you need help with these issues company wide, Gman Business Resources is here to help.
P.S. The first half of 2008 is almost over. Have you met your first half goals?
May this week find you with good health, good business and peace.
Regards,
George F. Mancuso, CPC
6/15/08
Why Did I Lose The Sale?
June 15, 2008
Q: George, I lost this account I have been working on for months and I’m really demoralized. I worked on this
deal using all the techniques you taught us in the Sales Strategy seminar, got close to them and knew the issues they were facing.
Our solutions were not only the best solutions, but the issues on which they based their decision weren’t particularly important.
I’m upset for two reasons; one that I lost and two that I believe that they lost as well. HELP!
Alicia L; Arvada, CO
A: The reality is, that the one with the best solutions or the highest sense of service isn’t always the one that wins the battle. Solutions and service are prerequisite for success, but the one who wins is not necessarily the best person with the best product but simply the best competitor. You are not in a club by yourself. More than one sales professional has fallen victim to the feeling, that if he/she were the best at everything he/she didn’t have to worry about the competition. Think about the story of the Tortoise and the Hare as exemplifies that statement as well.
Under estimating the competition abilities can easily be the destruction of the sales process for you. You may have outsold your competitor on the issues YOU deemed to be most important but it sounds like you failed to outsell the competition on the issues that THEY FELT was most important to THEM.
1. Know your competitors: Knowing your competitors includes knowledge of where they are weak, where they are strong, their services and products and compare all of that to your product and services. Determine where you can be attacked as well and prepare.
2. Keep a beginners mind; don’t get frustrated, don’t panic, view all objections raised by the prospect as opportunities to validate your products, services, company and YOU. These types of objections can many times be the direct pipeline into what is MOST IMPORTANT TO THE PROSPECT! Solve these issues and more and you’ve got the sale.
3. If you can control the issues you can control the sale. Pick the issues that give you the competitive edge and create an emotional reaction for the prospect. You’ve heard me say in past newsletters, “set the prospects hair on fire” with your enthusiasm.
4. Sell to the individual not the group as a whole; when speaking to a group don’t address just one person in the room. Survey the participants and do it more than once to be certain that there is not some objection in their mind that is going to raise its ugly head as soon as you leave the room. Again I say, control the issues and you control the sale.
5. The issues you choose must carry the emotional energy I mentioned above. You must carry yourself in a manner that exudes confidence, knowledge and demonstrates your strengths.
If you will recall from our seminar, I said many times, there is 4 key items to making the sale;
a. You must know yourself inside and out including all of your strengths and weaknesses.
b. You must know everything there is to know about your products or services
c. You must know your competitors
d. You must understand the intrinsic needs of the prospect. Once you have what is important to the prospect, you can make the match.
If for whatever reason you are not able to evaluate your competition, what is MOST IMPORTANT is point “d” above.
Yogi Berra said it best, “It ain’t over till it’s over.” Make an appointment with this prospect and perform a post mortem on the sale. Ask the decision maker why you didn’t get the sale. Don’t become argumentative, but this will give you one more tool to turn the sale around. And if you’ve truly lost this one, it’s a lesson well learned for tomorrow.
As always, I wish you a tremendous personal and business week. Call me if I can be of assistance.
Regards,
George F. Mancuso
George F. Mancuso, CPC
“WHAT PEOPLE ARE SAYING ABOUT GMAN”
5/31/08
Any Thoughts On Motivating My Employees?
Q: Would you kind enough to give me some tips on motivating my employees? I feel like most of my employees are just marking time and the next thing I know we are in a time crunch for a project. We are a service organization and this problem includes office, customer service and sales people.
Paul B, Columbia, MO
A: Without visiting your business and observing your people it is a bit deceiving what is transpiring. However on the surface is sound like they have a lack of focus which will destroy any chance you have at developing good time management skills for all.
A friend of mine shared an idea with me last week and in part, allow me to share some of that with you as well. At your next company meeting or through a companywide Email offer your employees this scenario:
Imagine arriving at work you find that your workstation office is covered with $100 bills from the floor to the ceiling. As you find your way to your desk, on the loud speaker you hear the President announce, “Between the Hours of 9:00 and 11:30 AM and 1:30 and 4:00 PM today, you can keep all of the $100 bills that you can gather up – no strings attached!”
Would you REALLY go to lunch?
Would you REALLY take personal phone calls?
Would you REALLY send or read personal Emails?
Would you REALLY go onto social Internet sites?
Would you even go to the bathroom?
George F. Mancuso
George F. Mancuso, CPC
5/24/08
Knowledge vs. Skills
ALL THE KNOWLEDGE IN THE WORLD IS OF LITTLE USE UNLESS YOU HAVE THE ABILITY TO TRANSLATE THAT INTO A DEFINED ACTION AND RESULTS!
The employer replied, I have hired too many sales consultants who tell me one thing and then tell me, “one the other hand………”
MY POINT: Knowledge is not the same as skill. Skills in diagnosis, evaluation, analysis, planning, project management, communication, facilitation, team building, honesty and many other disciplines are integral to being an effective manager. And that holds true if you are managing people, a project, a division or an entire company.
I hope you and your family have a safe and enjoyable Memorial Day weekend.
Regards,
George F. Mancuso
George F. Mancuso, CPC
“WHAT PEOPLE ARE SAYING ABOUT GMAN”
5/17/08
Why Should We Change
Q: I have been reading your newsletters with interest and my employees are pushing me to “make change.” But we are a 15 year old manufacturing company and we gross about 8 ½ million, year in and year out and we are profitable. Why would I want to consider making changes?
M.R., a CEO in Davenport, Iowa
A: First off if your revenues have been the same year in and year out, your growth is not only flat but most analysis would agree that you are going backwards by not going forward! Allow me to share a true story with you about the Golden Eagle and maybe this will help make some sense of “why change.”
The Eagle has the longest life span of its species. It can live up to 70 Years
Make this week a week to remember.
I get many Emails every week when one of our readers truly identifies with the message. You are welcome to utilize our newsletter as a tool. Forward it with a personal message and say you thought they might enjoy this newsletter as well and that signing up is easy. All they have to do is go to our Home page and on the left side put in their first name and Email address. If you’d like me to address an issue or question, please Email me at George@GmanSearch.com .
Regards,
George F. Mancuso