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Showing category "Business Development" (Show all posts)
Considering the "Why's" in Your Market
Having written a number of articles recently on Branding and Market Research, we continue here to look at your Brand Planning Cycle. I have discussed some very useful techniques such as Brainstorming and Scenario Planning, to help you generate quality "Insights" into your Brand. When conducting your Market Research, it is critical to ask plenty of good questions. Remember, the more questions you ask, the more answers you will get - and the better the ques... Continue reading ...
Branding - Generating Creativity
A Structured Approach!
Continuing with the idea that there are many things you can do for yourself within your business to Develop your Brand, I would like to remind you of a couple of techniques. These you may be familiar with, as both Brainstorming and Scenario Planning are widely used as Management Tools, particularly in Problem Solving and Crisis Management. There are certain assumptions being made here... That you already have completed some research into Your Market, giving you an underst... Continue reading ...
Devising Your Brand Strategy
Tips to help you Build a Better Brand
There are numerous methods to developing your Brand Strategy. Too many ways in fact... As a business, you can find many experts who will show you their way, measuring this, assessing that, and charging you a small fortune into the bargain... So, what can you do for yourself?
The following is a guide to some of the things that you and your business can consider, prior to communicating your Brand Message. Advertising is expensive, and once you begin to broadc... Continue reading ...
Branding Awareness
...Joining The "Brandwagon"! The consumers perception of Brands, has grown rapidly in recent decades, particularly since TV landed in our homes. This, along with the advances in digital communications has seen numerous transformations in how Brands are "created" and managed. The transitions through the "Ages" of Branding, has also seen many changes to how marketing and Brand management is conducted. In the early days, Branding was largely Functional, whereby marketing communications were used... Continue reading ...
Disrupt Your Marketing
Changing the Norm in Your Market
In 1997 Clayton Christensen of Harvard Business School, unveiled his theory of Disruptive Innovation, siting Technology as an example of an industry which when studied, showed all of the indicators of Disruptive thinking. Another example used is the Automotive Industry, where newcomers like Hyundai and Kia have taken a significant proportion of their market. So how do we apply this thinking to Marketing your business? Some "Guru's" will tell you that any kind of... Continue reading ...
The Board
The Role of The Board and Your Business.
Working with a client with two new Board Members has brought up a couple of issues which can be seen as typical of the structure of The Board in many companies. This particular board has evolved over years, and has remained under the solid leadership of it's chair. However, the role of the board has diverged from it's purpose insofar as it has become an executive tool, managing every aspect of the business. What's wrong with that?..., you may ask!Let's ... Continue reading ...
New Beginnings..!
Working with Start-up's has always been a source of great enjoyment for me. Being in the company of Innovators, Thinkers, budding Entrepreneurs, has many rewards. Likewise, working with established businesses who need a little help to re-structure can have similarly pleasant outcomes, and I relish these experiences.
However, it can also be very frustrating... I frequently come across situations where businesses are forever "getting ready to get ready"! With Start-up's in particular, the compan... Continue reading ...
Understanding Your Market
Tips to Increase Your Market Share
Getting to grips with your market, and how to increase your share of that market is crucial to remaining viable during a recession. As a business owner, you don't just want to survive, you want to excel! So how can you position you and your business for success?
Validate Your Market! Most business owners will have a full grasp of their offering... What it is that they do, and how they do it. They will also have a good idea of their market, and Who their custome... Continue reading ...
Brainstorming - Using Your Available Talents
Achieving Your Full Potential...!For years now, I have worked with business owners, helping them to put structure to various functions within their organisations. On many occasions, I have employed Brainstorming techniques, sometimes encompassing SWOT as part of this exercise. The thing is, I still get an element of surprise at the positive results when I look for feedback from both the owners and staff. It is clear to me that many business owners do not use this approach as part of running t... Continue reading ...
Beyond Consultative Selling... Where To Next?
In my mid forties, I have see numerous changes to the way people sell, and indeed to the way people buy. Looking back to the way we sold from the post WWII era through to today, the shift in how sales are made has become enormous. So how are we to prepare for how to sell into the future?
There are of course established "Drivers" for why people buy... Where there is an identified number of sources for a Solution to your Need, you buy from the people you know best, or have a relationship with. P... Continue reading ...
Improving Sales Performance
Have we all gone soft...?Over the last few years we have seen many changes to how businesses sell their products and services. There is an increasing aversion to "Cold Calling" in favour of the "Warm Sell"... What does this actually mean? When I talk to Sales People, I frequently hear all kinds of remarks about "their" approach.. And, how they prefer warm selling, relationship selling, etc.,etc...
Stop... just for a moment, and think of your Sales Process. Yes, you work with your customers to ... Continue reading ...
"The Sales Process"... What's That.?
I get this all the time. "What do you mean by Sales Process?"... The fact is, that many business owners have been "Just Selling", without considering this vital activity as a "Process". Even without any formal Sales Training, it can be shown that if a business has been selling it's offering, then there is an identifiable process to that achievement.
Looking at the Sales Process as part of an overall "Business Strategy", or "Model", it helps to develop your thinking from the perspective of "YOU... Continue reading ...
Will Technology Replace What YOU Do...?
We are all aware of numerous semi skilled jobs that have been replaced by "Robots"... the car assembly line is an obvious example. Since Raymond Kurzweil, (the inventor of the Synthesizer), brought automation to the recording studio way back in the late seventies, we have seen incremental changes in the music industry leading to top 10 songs being recorded in bedrooms around the globe. In an interview in The Guardian in 2005, Raymond Kurzweil spoke about how by 2030, we will see Nano Technolo... Continue reading ...
Scenario Planning and Small Business
Most small business owners have a good grasp of what is going on in their industry sector. We see this all the time, through the work we do. However, we find that many owner managers have spent little time thinking about where to place themselves into the future! I suppose that for small business owners, the "Future" is a long way off.... The concept of "Future Proofing" a small business has yet to take a foothold, particularly here in Ireland where we do the bulk of our work.
There are many a... Continue reading ...
The 3 Pillars
OK… So, every business can be broken down into three key areas. Business Development, Productivity, and Accounting. Let's call them The 3 Pillars. With a large organisation, this may seem a little simplistic. But when we are working with smaller, owner managed companies, we can look at the business very effectively under these 3 Pillars. We have found that in numerous companies, (especially where the owner is looking after all of the day to day decision making), Productivity, the things that... Continue reading ...
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