How to avoid being left behind in 2011
Even after three years of economic gloom, the predictions about 2011 range from optimistic to not so optimistic.
By John Graham
Even after three years of economic gloom, the predictions about 2011 range from optimistic to not so optimistic. In some industries the landscape remains desperately arid, while for others the green shoots that poked their way to the light are actually growing.
Speculating about the coming year is an interesting exercise, and one that may not have much value. What may be more useful are these certain guideposts that can help point the way for a beneficial 2011.
1. Get your employment record straight. Anyone who reviewed resumes over the last decade recognized that one fact stood out like the proverbial sore thumb: job-hopping. Employees often moved from one job to the next in a matter of months, let alone a year. For many, this was the plan.
While the plan may have brought pay hikes, it also created an interesting unintended consequence. Once the recession hit, performance became an employee's most valuable asset, not a string of jobs on a resume.
It takes time to master an understanding of a company, along with its products or services, and most importantly, its customers. This is what has value to employers today.
2. Job security depends on strategic thinking. We might also call this "goal thinking," or recognizing the objective and then pushing aside anything that doesn't bring value to reaching it.
Needless to say, strategic thinking is a rare commodity in the workplace. "Total immersion is the best way to learn a new language," says Michael Watkins of Genesis Advisers. "Immersion is important because people need significant ‘soak time' in a milieu in order to build powerful mental models."
It's fun to sit around and dream up clever stuff, whether it's a product promotion, a new smart phone app, or a sales campaign. But it's something entirely different to come up with solutions that contribute to making that app of value to users, or making a sales campaign more than a glitzy gimmick.
In effect, the ability to think strategically is significant because it focuses on the consequences of an action or idea. And that's a valuable commodity in the workplace.
3. The necessity of technological competence. Although society appears to place importance on technological competence, how much of a connection is there, for example, between such competence and success in school? The results of a large, recently reported survey of secondary students in England revealed the answer. It appeared that students didn't make a connection between "scholastic success and information and communication technology." In fact, the belief in the value of such competence was low compared with the use of technology in other areas of their lives.
It seems doubtful that the workplace is much different, particularly when a substantial percentage of those who are unemployed are technologically incompetent.
4. It's not what we do but how we think. "There is a fundamental shift in rules from manual-based work (where you follow instructions and increased productivity means doing the steps faster)," blogs author Seth Godin, "to project-based work (where the instructions are unknown, and visualizing outcomes and getting things done is what counts)."
The latter requires grasping the task, thinking through the implications, developing a plan, implementing it, and evaluating the results. Ironically, such initiative is as necessary behind the counter at McDonald's as it is in the C-suite, and every place in between. Yet it is often missing in both.
5. Jump at small opportunities. It's popular today to talk about "less is more," although there are indications that we don't believe it. Salespeople are often impatient for the moment they can move up and go after the "really big accounts." In the same way, national attention takes precedence over local stardom. We grab every "Top 100" list we can find and add the names to our prospect list.
A marketing executive took a call from a company president for a small order of a particular promotional product, and over the next 30 years that first order grew into a steady flow of very good business.
No one wants to get burned today. It's too costly. Buyers want to see how we perform. Do we take small orders seriously? If we do, they are more likely to give us more of their business.
6. Look at the long term. The last time Marc Buoniconti moved his arms and legs was when he made a tackle for The Citadel in 1985. Although a quadriplegic since that fateful moment, he has become a mover and shaker, raising $350 million to find a cure for paralysis.
Almost hidden in the last part of the USA Today article about this determined man was the report that Mark's medical care runs from $500,000 to $600,000 a year. Who pays for this? All his medical expenses are covered by a catastrophic insurance policy his father had taken out. That's serious long-term thinking.
The issue is not about having objectives in life or on the job, but creating the personal infrastructure to make sure we get there. Without that, we become like so many people, subject to forces beyond our control.
7. Put yourself on the line. My wife and I play a game as we walk through Newport, RI, on weekends. We guess which stores and restaurants will make it and which won't, and we speculate about the outcome, one way or the other.
One example is the attractive Gelato shop that opened in a good location on a high-traffic street. As soon as we tried it we gave it a doomed rating because of tiny portions and high prices. It closed at season's end.
A retail store opened on the same main street, but in a less desirable location. It featured interesting and fun, non-clothing items for the home (such as the "Gone to Newport" sign we now own). It seemed to have a plan to make it, particularly since it was friendly and owner-managed. Before long, it was gone –– across the street to a larger space.
It's a productive game for figuring out who has a winning concept and why and whose idea has a problem. It's a good exercise in testing one's business acumen.
8. Focus on what's important. Surprisingly, this doesn't include your name or the name of your company, whether you're an employee or you own it. If this seems a little crazy, it isn't.
Take the ad, for example, that a college in Boston ran on boston.com. Attracting the attention of prospective students seemed to be the objective. Yet the headline was the name of the school and the subhead was its location. It was a missed opportunity and a costly mistake.
This is no different than placing an ad for a job and using your name as the headline and the name of the town where you live as the subhead. What would this attract? Not much, just a few people who say, "I saw your name on a Web site."
The college might have stated, "93% of our graduates land a job fast," followed by, "Get the details here." Start with the benefit, not the name of the school.
In the same way, a person looking for a job in advertising might use the space this way: "My ad sold 342 pairs of jeans. Check it out here." Now visitors are ready to listen to their story.
The name of a person, product, or company doesn't become important until someone is hooked. It's the same with everything we do.
The year ahead will be pushed one way and then another by an endless series of events beyond our control. These eight tools may help move our prospects for success several notches, which might just make it a very good year.
John R. Graham is president of Graham Communications, a marketing services and sales consulting firm. He writes for a variety of business publications and speaks on business, marketing, and sales issues. Contact him at 40 Oval Road, Quincy, MA 02170, (617) 328-0069, or email@example.com. His blog is grahamcomm.com/wordpress, and his Web site is grahamcomm.com.