"...keeping you great" Ten Minutes with the Growth Guy
"Execution" Webinar Nov 4 12:28pm EST -- details below for this 3rd in our four-part complimentary webinar series -- hope it helps! http://www.gazelles.com/webinars.html
How Long Will The Recession Last -- we polled the attendees at our Growth Summit on several economic issues -- results below, but first...
Recession Fighting Tools -- in a recent email Vince Virga, COO of $90 million DC-based SGIS (www.sgis.com) noted "I can't tell you how much the Rockefeller Habits have already impacted our organization in a positive way from top to bottom. Our communication and morale has never been better. We are attacking issues in their infancy before they become major problems. We are seeing opportunities more clearly and taking advantage of them faster. We know what our priorities are and spend our time on those now vs. fighting fires all day. As an owner, it's so great to actually feel like your piloting the ship again vs. getting dragged behind it." And thank you to their Gazelles' coach: Roger Merriam. (http://gazelles.com/coach_merriam.shtml)
Aquire's Focus on Increasing Intelligence -- Lois Melbourne, CEO of Dallas-based Aquire, (www.aquire.com) has launched a program that might be helpful to many of you. Notes Melbourne, "we wanted more of our employees to grow and to enhance their knowledge of the industry we support (HR). We call this domain expertise. We set a goal for each employee to gain 10 domain credits in 2008. They can earn these credits in many ways. Most of them include a requirement of presenting their new knowledge to their department and writing up a summary. We have added several ways to get domain credits as the year has progressed." Here's a link to download a document that details the program and it's reprinted below under DETAILS. (http://www.gazelles.com/images/insights/Domain_Expertise_explanation.doc)
Jeopardy-Style Game Show - continues Melbourne "The most fun way to earn credits is a game show style event at our company lunches. The last one was a Jeopardy style game where the three contestants were employees being quizzed on items from tests that had been developed for domain credits by our President, earlier in the year. It was great energy and everybody got to learn industry information. I think the next game is going to be "Who wants to be a Millionaire", so that others in the audience can help the contestants too. The level of industry discussion has greatly increased in the company. It has helped our people gain more presentation skills. Product features have been suggested from this new knowledge. Some of the research has been used by marketing, the executive team and product management for their daily jobs. It is working!" Lois, thanks for sharing.
FSB needs "barter" stories -- FORTUNE Small Business magazine (http://money.cnn.com/smallbusiness/) is focusing an article on informal barter, as opposed to bartering through organized online barter exchanges. They are looking for companies that have recently struck up informal arrangements to trade goods or services. There are two main themes the writer wants to address in the story. 1) Barter is a great way to avoid spending cash so that cash can be preserved for necessities like paying utility bills, and 2) In a tough economy, barter is a great way to employ unused capacity (employees with downtime or unsold inventory). Please contact Justin Martin ASAP at firstname.lastname@example.org.
52.8% Feel the Recession Will Last 2 years -- and 34% felt it would last 1 year. In turn, when Tom Peters asked:
"Has, or will, the downturn change your view of growth per se as an objective?"
46% answered "the same" and 44% answered "positive" - don't you love the optimism of entrepreneurs!
67% said they are actually increasing R&D during this period (as is Gazelles).
And when Tom asked:
"Do you have a major project in the works that you will fund, come hell or high water, that could be a post-recession game changer?"
78.7% said yes!! Recessions give you an opportunity to breathe, think, renew, invent, invest!
Complimentary "Execution" Webinar Nov 4 - 12:28pm - 1:30pm EST (https://www1.gotomeeting.com/register/280119980) -- as Tom Peters mentioned last week "Internal Excellence is the Deepest Blue Ocean" -- it's firms that can actually execute that win. And it's flawless execution that drives profitability and dramatically reduces the time it takes for you to manage the business so you have more market-facing activity time. So join Patrick Thean, author of Execution without Drama, (http://www.gazelles.com/store_b_execution.html) for this U.S. Election Day webinar (for those of you earning less than $250k, the taxman needs you to earn more; for those earning more than $250k, you'll need to earn a LOT more in the future!)