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Added for You - One Key to Strategic Planning is to Confront Your Assumptions
Secrets of Trade Show Success i>Bill is wearing a blue or black, suit
Before the Show – Measurable ObjectivesBefore you reserve your space, and write the check be sure you know what you want to accomplish. Have specific objectives in mind, and measure the results! For example:• Number of people who came to booth • Number of leads • Sales within a specific period of time after the event • Investment per leadsThe Right Show and The Right LocationAs you compare trade show opportunities consider ask organizers about total attendance, attendee demographics and exhibitor turnover.< Everyone describes them with the basic assumption that Bill and Hilary are human beings, but do not confront this assumption. I continued to probe until someone tells me that Hilary is a woman with blond hair or Bil The Books You Don't Read Can't Help You Sell More Strategic planning for business is all about strategy specific to planning so that the desired results for that business are achieved. Webster defines the origins of the word strategy as "the ability of a general to deceive the enemy." In today’s modern world, this simply means to out think and out last the competition.The teenager who goes into the classroom unprepared will fail. Salespeople who go into the marketplace unprepared will also fail. The only difference is that in the classroom you get to repeat the class. In life, the circumstances may be a little more dramatic. I recall one of the little pieces of advice I got from my first sales manager back in 1965. He said, “Tim, the price of failure is higher than the price of success.” Why not spend some time contemplating this simple, yet profound, concept. Well anyway, let’s get back to this week’s sales tip. Preparation, kno One of the most consistent behaviors that I observe in my role as an executive business coach when taking clients through a strategic planning process is the failure to identify basic assumptions and even more important to confront those assumptions. Within the first 2 sessions when working with my clients, I tell the following story. (This source of this story in unknown.) "Have any of you ever heard of the Bill and Hilary Story?" (Note: The response I am looking for is "Which One?") "Am I glad you asked," is my next response. Then I continue. "There is a locked room with only one door with a window wide open. Bill and Hilary are dead on the floor. Near them are a table and chair. Broken glass and water are on the floor near the chair and table. How did Bill and Hilary die?" What continues to amaze me is all the answers such as:
After I receive the answers, I begin to probe to learn what Bill and Hilary look like. Besides the deer in the headlights look (I should know what they look like), I hear the following:
Everyone describes them with the basic assumption that Bill and Hilary are human beings, but do not confront this assumption. I continued to probe until someone tells me that Hilary is a woman with blond hair or Bill International Management cutive business coach when taking clients through a strategic planning process is the failure to identify basic assumptions and even more important to confront those assumptions. Within the first 2 sessions when working with my clients, I tell the following story. (This source of this story in unknown.)As product life cycles continue to shorten and the rate of technology diffusion increases, the strategic importance of alliances to international firms rises. This strategic phenomenon has impelled firms to seek alliances across borders and cultures. However, these alliances are confronted by many problems arising from differences in national culture, organizational culture, core competencies, and strategic objectives.Recently Fortune 7, an American company in the food and apparel industry began expansion into the Chinese and African market for the first time "Have any of you ever heard of the Bill and Hilary Story?" (Note: The response I am looking for is "Which One?") "Am I glad you asked," is my next response. Then I continue. "There is a locked room with only one door with a window wide open. Bill and Hilary are dead on the floor. Near them are a table and chair. Broken glass and water are on the floor near the chair and table. How did Bill and Hilary die?" What continues to amaze me is all the answers such as:
After I receive the answers, I begin to probe to learn what Bill and Hilary look like. Besides the deer in the headlights look (I should know what they look like), I hear the following:
Everyone describes them with the basic assumption that Bill and Hilary are human beings, but do not confront this assumption. I continued to probe until someone tells me that Hilary is a woman with blond hair or Bil Seeking Out Alternative Advertising to Pay-Per-Click Services for is "Which One?") "Am I glad you asked," is my next response. Then I continue. "There is a locked room with only one door with a window wide open. Bill and Hilary are dead on the floor. Near them are a table and chair. Broken glass and water are on the floor near the chair and table. How did Bill and Hilary die?"Pay-per-Click advertising has become increasingly popular, but how effective is it really?What could be easier? You write a 3-line ad, set a budget, and pick some keywords for promoting your ad. Google and Yahoo do the rest! Your ad is automatically placed in the right places, your results are tracked and recorded, and your monthly budget is never exceeded. Pay-per-click (PPC) is an advertisers dream. Or is it?In 2006, Google agreed to a $90 million settlement in response to a class action lawsuit that alleged they hadn't done enough to protect their a What continues to amaze me is all the answers such as:
After I receive the answers, I begin to probe to learn what Bill and Hilary look like. Besides the deer in the headlights look (I should know what they look like), I hear the following:
Everyone describes them with the basic assumption that Bill and Hilary are human beings, but do not confront this assumption. I continued to probe until someone tells me that Hilary is a woman with blond hair or Bil Used Clothing Wholesale Business opped down from the air/heating vent
While I have never wholesaled used clothing, I am aware that there is a very large market for it.Used clothing usually is collected by charities such as your local thrift shop to national organizations such as the Salvation Army.The purpose of their collections is usually to provide homeless and poor people with clothing.But in reality they receive more donations than they can use. And since they have limited amounts of spacer at their disposal they need to get rid of much of the clothing that they receive.So what happens to all the donat After I receive the answers, I begin to probe to learn what Bill and Hilary look like. Besides the deer in the headlights look (I should know what they look like), I hear the following:
Everyone describes them with the basic assumption that Bill and Hilary are human beings, but do not confront this assumption. I continued to probe until someone tells me that Hilary is a woman with blond hair or Bil 10 Top Ways To Keep Customers Buying i>Bill is wearing a blue or black, suit
It's one thing to get customers to purchase your products and another to have customers continue to buy from you. This article is going share with you the top 10 ways to keep your customers coming back for more.1. Offer a freebie with each purchaseOffering something free with each purchase is a great marketing technique and customers love it. It doesn't have to be something expensive either. It could simply be a small token showing your appreciation for them being a valued patron. Depending on the product you offer it's important to keep the free item Everyone describes them with the basic assumption that Bill and Hilary are human beings, but do not confront this assumption. I continued to probe until someone tells me that Hilary is a woman with blond hair or Bill is a tall man. When I ask them where in the information presented (I retell the initial story) does it state that Bill and Hilary are a man and a woman? Then I ask them to remove this assumption and to rethink the question as to how Bill and Hilary died? Very quickly, someone will answer that Bill and Hilary are goldfish. My final question to this story is "What was the purpose of this story?" Discussion now focuses on the two key areas:
After the Bill and Hilary story, I share with my clients a real example of a dangerous assumption. One of my corporate coaching clients owned a health food store. As the group was discussing and sharing their assumptions, this client made the statement that "Everyone needs a health store." I challenged that assumption by the following statement: "My 102 year old grandmother, my 87 year old Uncle and my 80 year old mother never, ever stepped inside a health food store. " Then I continued with the statement, "I believe your assumption is false and is based upon what you what to believe rather than what is." The client was somewhat taken aback because this was her basic assumption for starting the business. And I must be honest that she left me as a client because I confronted her core belief. Her business still continues to struggle. I believe that her business challenges had as much to do with her assumptions th
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