"...keeping you great" Ten Minutes with the Growth Guy HEADLINES: (warning -- big company stories today -- plus Vitamin C IV cancer update) Ken Hendricks Passes Away -- the world lost a great
entrepreneur the end of December. The co-founder of Beloit, WI-based
ABC Supply with his wife Diane, they built this roofing, siding, and
window distribution company into one of the largest private firms in
the U.S. in 25 years with revenues of $3 billion last year. I first
heard Ken speak at Jack Stack's "Gathering of Games" many years ago and
I marveled at his fanatical focus on customers; his extensive training
and empowerment of employees; and his embracing of financial literacy
for all his employees. Anyone in a basic trades or distribution
business should study and benchmark Ken's company -- just visit one of
his local stores and talk to the employees. Here's a link to some
latest news -- take five minutes and read the "Ken Hendricks Profile"
-- it will inspire you! Ironically, he died falling from the roof of a
construction project at his home. He was 66 years old. Tragic. January 22, Nashville; February 5 Indianapolis --
I'm heading to both cities to lead one-day Rockefeller Habits
workshops. Open to the public, Nashville is being hosted by the local
EO chapter (Clay Blevins, CEO of Comfort Supply, is my host). Indianapolis is being hosted by Ray Hilbert, founder of Truth at Work, a Christian Leadership organization. Information and registration for Nashville; information and registration for Indianapolis.
Speaking of Customer Service -- you have to take 2 minutes and read the last couple paragraphs of Jeff Jarvis's blog (which became a BusinessWeek
article) on what Mark Jarvis and Michael Dell are now doing and
thinking re: blogs, wikis, and customer feedback. Here's an excerpt --
"Mark Jarvis, Dell's new chief marketing officer, acknowledges that
customers are now influenced by peers, not marketers (emphasis mine): 'The challenge is how you create a network of advocates for your business.... By listening to our customers, that is actually the most perfect form of marketing you could have.'"
And Michael Dell's Thoughts?
-- Jeff Jarvis continues "He predicts that customer relationships will
'continue to be more intimate' and response times faster. He even spoke
of 'cocreation of products and services,' a radical notion from a big
company. 'And I'm sure there's a lot of things that I can't even
imagine but our customers can imagine, Dell says, sounding darned near
like a blogger himself. 'A company this size is not going to be about a
couple of people coming up with ideas. It's going to be about millions
of people and harnessing the power of those ideas.' Once you can hear
them." What are you doing to engage customers in coming up with ideas!?
I Need Your Suggestions -- if you could hear anyone speak at our fall Growth Summit, who would it be? Have you read an amazing book? Email me at vharnish@gazelles.com or simply reply to this insight.
Whole Foods Gives Away Groceries When Computer System Goes Down -- Mike Jagger, CEO of Provident Security alerted me to this neat story
over the holidays of amazing customer service. The West Hartford
store's cash registers went on the blink during a snowstorm so the
store manager made a quick decision to just let the customers leave
with their groceries without checking out until the systems could be
fixed -- all in all, it cost them about $4000 in food and garnered them
full page stories that cost more than that! And remember, customers are
now influenced by peers, not marketers!!
More IV Vitamin C Cancer Research -- Ben Hoffman, CEO of CityHunt,
which creates corporate scavenger hunts to increase the "experience"
factor of events, knows of my advocacy of Vitamin C IVs (my entire
extended family and many of my staff now get them -- knock on wood, no
illness over the holidays, which is when I would normally "let down").
He sent me this link
to the latest university to get the go ahead from the FDA to move
forward with clinical trials -- Thomas Jefferson University, over the
next ten weeks, will give high-dose intravenous Vitamin C to 20
non-Hodgkin's lymphoma patients who have failed standard treatments and
have a life expectancy of less than a year. And Dr. Jeanne Driscoll,
University of Kansas, will release shortly her results from Vitamin C
IVs in the treatment of late stage ovarian cancer. In essence, Vitamin
C given intravenously, acts like chemo, except it only kills cancer
cells, not all cells. And it does it through a simple mechanism -- it
creates hydrogen peroxide at the site of the cancer cell, releasing
electrons that kill the cell! How simple. But can drug companies make
money off something so simple -- that's the barrier.