Archive for the ‘Consulting’ Category

The What and How of Solving Business Problems

Sunday, February 27th, 2011

Businesses typically face two types of problems. The first is the “what” problems, as in, “what should we do?” The second is the “how” problems, as in, “how do we do it?” In most companies, these questions are the domain of different members of the organization: managers get the “whats” and their staff gets the “hows”.

Over the course of a long career people high up in the organization actually become “what” specialists, progressively forgetting their “how” skills. Ask your VP of Marketing to build a website or implement a social media campaign on her own and you’ll see what I mean. She relies on her (usually younger) staff to know how to turn her big ideas into action. In fact, one of the first signs that someone is ready for a promotion is that they display self-direction. These high performers are able to address both “what” and “how” within their scope of responsibilities.

When things stop getting done in a business, it is usually because there is a gap in capability to address “what” and “how” questions. If nobody knows what to do, you can hire a management consultant to develop a strategy (which hopefully you can implement yourself). If you know what needs to get done but don’t have people who know how to do it, you can engage a skilled contractor or an outsourced workforce solution provider like Creative Niche. But what about when you know neither what to do nor how to do it?

This may be caused by the departure of a key staff member but frequently it is a result of the business trying to move into unfamiliar territory – targeting a new market, facing a new competitive challenge or grappling with the changing operational demands of growth. In these cases, the organization may flounder, either not addressing the issue at all or making repeated attempts but getting little progress. A company mired in this situation loses momentum and its employees lose motivation just when you need them to rise to the opportunities!

That’s where a special type of “hands on” consultant can help – someone that is a switch hitter. From years of experience in their area of specialty they know what to do, and because they are a hands-on practitioner, they can guide implementation. Bring them on for a project or as an interim player/coach to get the job done while developing your staff. It’s a way of simultaneously overcoming the hurdles of “what” and “how” to break the log jam and move the business to the next level.

So that’s the “what” and “how” of solving business problems with outside help…I’ll let you figure out the “who” for yourself!

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Managing High-Powered but Short-Lived Projects

Monday, July 5th, 2010

Warning:  this post is interesting but a little self-serving!

In the Feb. 25, 2010 issue of the Economist Magazine, an article entitled “Joining the queue” about recruiting firms stated:

“. . . Manpower [Inc.] is increasingly having to . . . help recruiters . . . manage high-powered but short-lived projects. Companies are putting together many more ad hoc teams often connected virtually around the world, notes Mr Joerres [CEO of Manpower Inc.]. “Perhaps only 20% of a team will be on the full-time staff,” he says, “so they need a much more on-demand talent spigot . . .”

I’m not an HR expert but it seems to me that “on-demand” talent is an idea whose time has come for a few reasons:

  1. Many companies coming out of the recession remain intentionally lean as a hedge against future uncertainty. This presents an obstacle to tackling new opportunities.
  2. An aging (i.e. retiring) workforce means that the depth of experience required to manage high-powered, business critical projects is in short supply.
  3. Communications and collaboration technology makes it increasingly easy to knit together project teams of internal and external resources stretching across large geographic areas.

Most managers are familiar with hiring contractors to provide more “horsepower” for project delivery. This has long been a common practice in the IT industry. However as the HR issue has shifted from a shortage of workers to a shortage of experience and talent, more companies are engaging experienced outside consultants to provide leadership for projects as well as coaching for internal resources.

Consultants that provide hands-on management services can overcome the “experience gap” and get important projects off the ground without the need for a long term employment commitment. An added benefit is that a company’s middle management receives training and development during project implementation. These employees recognize that coaching from a senior consultant is an investment in their professional development which helps with the retention of top talent.

The conclusion? Resourceful companies don’t let a lack of resources become an obstacle to achieving business objectives!

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Marketing & Sales Performance? Check!

Friday, May 28th, 2010

Checklists are a common tool used by professionals to help manage complex tasks. Surgical staff in operating rooms use checklists to reduce the chance of errors during complex operations. Pilots use them during take-offs, landings and emergencies so that no vital step is missed during these intense activities. In fact, some commentators credit the use of an emergency landing procedures checklist with the successful landing of US Airways Flight 1549 on the Hudson River after both engines failed. Why then aren’t checklists more widely used in the complex world of business?

Like flying a plane, running an effective marketing or sales function is a complex, time-sensitive endeavour that can have a critical impact on corporate financial results. At Stratford Managers, we use performance checklists with our clients to help them identify areas for improvement in their business operations. In the marketing department, the checklist covers 17 leadership dimensions within seven major categories of activities: Product, Price, Promotion, Place (familiar so far?), Planning, Process and People. On the Sales side there are four major categories with a total of 12 leadership dimensions. Each category contains several areas that we ask our clients to consider when assessing their performance.

It is a highly useful exercise, especially for senior executives like CEOs who may not be expert in a specific field like marketing or sales. The value isn’t just in the assessment of performance in each dimension; it is also in the demonstration of the complexity and inter-relatedness of the various areas of activity. A good checklist encourages understanding and cooperation between the various functions in an organization.

We see many reactions to the idea of using a checklist as a diagnostic tool. For some, it takes the magic out of the function by breaking it down into discrete elements. For others, it is embarrassing or threatening to have their area of responsibility dissected and evaluated in detail. But once managers realize that a checklist is simply a tool to assist them in understanding a complex business function so they can improve performance, their enthusiasm grows.

Rather than flying by the seat of their pants, the best pilots get that way precisely because they use checklists to ensure top performance every time they enter the flight deck.

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Learning From Experience

Sunday, April 11th, 2010

I don’t really follow Warren Buffett (either as an investor or a business philosopher) but you can’t help but be charmed by his folksy wisdom. A Buffett quote I heard recently that really resonated with me is, “You want to learn from experience, but you want to learn from other people’s experience when you can”. These words explain why many companies choose to use consultants.

The problem is that most consultants are actually peddling someone else’s experience (i.e. a franchised consulting “formula” or the experiences of a previous client) rather than their own. That means that the advice they provide is second-hand and likely to be somewhat academic. Worse still, it means that the consultant probably can’t do much more than tell a story. They’re not really able to roll up their sleeves and work to ensure successful implementation of their recommendations.

If you think about it, when a company is looking to hire a new employee, it hopes to find someone with previous experience; someone that has actually done similar work to what is in the job description. The reason is simple. Previous real-world experience implies a greater likelihood of success in their endeavours if hired. It would make sense to apply similar criteria when engaging a consultant.

After all, in the words of the Oracle of Omaha, “Risk comes from not knowing what you’re doing.”

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