Categories
Operations

The Importance of a Company’s Culture

company-culture.jpgWe notice other people’s personalities. Usually we come quickly to a view about them. First impressions are important – and seldom wrong. Another’s personality is his or her culture. It reflects their background and character.
When you are thinking of joining a company you do your due diligence, finding out about it from its web site, its published accounts, its press reports and the views of anyone you think knows it well enough to be worth listening to.
How much can you learn about the company from these sources? Quite a lot, actually. But if you stick only to the hard data you will miss the most important consideration in deciding whether to join it – its culture.
Culture is the way a company behaves, the way it treats its customers, staff, suppliers and its other stakeholders. Every company has a culture. It is the only truly Unique Selling Proposition (USP) it has. Every other advantage it claims over competitors will be matched by their claims. Their culture is unrepeatable.
Where does a culture come from? The founder(s) of a company give it its original culture. The current bosses decide today’s culture.
How does a culture manifest itself? It is the sum of everything it does but it can be seen in the smallest individual act. The greeting by the receptionist, the treatment of suppliers who have not been paid promptly, what happens to staff when they resign – all these emanate from the culture of the business. If the faces of the staff are pinched and tired and look like scared rabbits you’ve got a Genghis Khan culture. If the staff smile, appear open with each other, cooperate, know their products, help but don’t hassle, you’ve got a good CEO in charge – and a good culture.
There are many simple ways of testing the culture of a business. One that I employ is to deliberately turn up at the wrong reception area and see how the staff there handle it. I don’t have to tell you the difference between the supermarket where they take you to the shelf of the product you are seeking and the one where they point in a vague direction and let you find it for yourself.
So it is with companies; some are helpful, some are not. A company that doesn’t help its customers or its suppliers won’t help its staff either.
A friend of mine recently resigned from an MNC after a fairly short career with the company. My friend came to the wholly reasonable conclusion that all-night working on the odd occasion was acceptable but when it was regularly four nights in a row, it wasn’t.
If you had been the boss what would you have done in that situation? Not, I hope, what the MNC did.
They harassed, attempted to bribe the person to stay, and finally openly bullied their departing employee – especially when two more employees walked out for much the same reasons.
What did they achieve?
Massive alienation by a significant number of people who will never touch their products again. That’s the sort of PR you don’t need.
What should they have done?
Talked a little, listened a lot. They could have learnt a golden lesson, had a well-disposed ex-employee, achieved good PR. They might even have kept the employee they feared to lose. Most of all, they might have understood the problem they had created.
But their culture didn’t allow them what they saw as a soft approach so they took the only one they knew. Trouble is, blowing out the brains of departing employees isn’t actually a very clever way to keep them – or anyone else – on side.
I wonder if they’ll learn that.

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JohnBittlestonPhoto.jpgJohn Bittleston blogs at TerrificMentors.com, a site that provides mentoring for those who wish a change in career or job, wanting to start a business or looking to improve their handling of people (including themselves).

Categories
Operations

Mission Statement

mission%20statement.jpg
Business Oppotunities: Every company should have a mission statement, which encapsulates in one sentence your business’s core aims.
An example of a mission statement is Levi Strauss’s: “We will market the most appealing and widely worn casual clothing in the world. We will clothe the world.” Or Wal-Mart’s: “To give ordinary folk the chance to buy the same thing as rich people.”
Unable to think of any more, I thought I’d see if I can guess a few others.
Subway
For every man, woman and child to never be more than five yards from a Subway sandwich.
Nike
To spend more on advertising than the GDP of several small countries put together.
Wetherspoons
To make a lack of atmosphere a proviso of a cheap pint.
Pizza Express
For new customers to be pleasantly surprised at the standard of décor and food in a restaurant which has ‘Express’ in its name.
Statement of Intent [Business Oppotunities]

Categories
Operations

Create Effective Mission Statements

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SmallFuel Marketing: I was recently at a rather large expo, and I decided to keep track of the many different mission statements I came across. I also kept track of the responses we got at our booth with our mission statement. Out of all the data, there was one glaring trend.
Mission statements are so common place and so exaggerated that no one even listens to them. What went wrong? How do we fix it?
1. Mission statements are too long
If you want anyone to listen until the end of your statement, it needs to be short and sweet.
2. Mission statements are too complicated
With everyone telling small businesses how to write a mission statement (me too, evidently), they have become filled with gibberish as each writer tries to satisfy every condition of a successful mission statement. Your mission statement should be focused to the point, which brings us to the next bullet.
3. Mission statements are too much about companies and not enough about customers
Many companies have mission statements that get into company heritage and history—can you think of anything more boring? The entire point of your mission statement needs to be about your customer. What are they going to get from you. Repeat after me: “My mission is about my customer.”
4. Less mission, more mantra
Company mission statements are generally just a paragraph of exaggeration that is brought out in front of customers, only to disappear before getting back to the office. Your small business needs to live and breath your mission. Everything you do and say should reinforce your mission.
If you don’t live by your mission, people will know immediately that you’re not being sincere. In a world of sensationalism, you need your mission to be as sincere and trustworthy as possible.
Mission Statements Don’t Work, Get Something That Does [SmallFuel Marketing]

Categories
Operations

Go Green

green-products.jpgInc.com: It may cost them more, but small-business owners seem increasingly willing to make environmentally conscious business decisions, according to a new survey.
Of 600 small-business owners nationwide, two-thirds said they would pay more for environmentally friendly goods and services for their business, according to the latest Wells Fargo/Gallup Small Business Index poll.
At iLite Technologies, a Chicago-based technology company that designs and manufactures lighting systems for commercial markets, president and CEO Sean Callahan found that despite the higher cost, using environmentally conscious lighting materials actually results in a better finished product — not just a greener one.
Entrepreneurs Willing to Pay More to Go Green [Inc.com]

Categories
Operations

Earn Dollars, Live On Pesos

4-hour-workweek-87.jpgReveries: Timothy Ferris used to work 14-hour days and make $40,000. Today, at 29, he says he works four hours a week and makes $40,000 a month, reports Michelle Archer in USA Today (6/11/07).
Timothy says he has put his “cash flow on automatic pilot… by outsourcing to an extreme degree,” including “using virtual personal assistants from India and elsewhere to handle almost everything… for $4 to $15 per hour.” He writes: “Fun things happen when you earn dollars, live on pesos and pay in rupees.” Timothy advises liberating yourself “from a single location and enabling employees to escape the clutches of their bosses by proving their performance is more important than their presence”.
4-Hour Workweek [Reveries]