Phillip Kotler shares the Mantra of Marketing

According to marketing guru, Phillip Kotler, the mantra of marketing is creating, communicating and delivering Value to the Target market at a Profit.

Creating value for the product or service is called product management. Product management is creating or innovating products or services. For example P&G decided to make some funny thing on each Pringle (a potato chip), the scientist could not find a solution internally until they discovered cookie maker in Italy who printed funny things at his cookies. This is called open innovation or open technology used for product management which means ideas are taken from where ever the companies can. Continue reading

Leadership Development – A Simple Guide

Leadership development is an industry. A big industry! And yet I don’t know of a country in which it is regulated (if I am wrong, contact me and I will correct that statement). So, you pay your money and you take your chances.

Having said all of that, leadership development is big because it is important and at least some of it works. I know!

Here I will unravel some of the alternatives and the issues relating to the development of leaders, and help you find your way through. I will present you with a number of choices, in the hope that you might be able to decide which approach is good for you.

First, a health warning. Leadership development covers a range of learning methods, the best of which are designed to help you to build on the leadership skills qualities that you already possess.

If you hear of “Leadership Training” it might just be a very basic, taught programme that doesn’t take account of your existing strengths. Find out whether they include any form of self or peer assessment.

Group or individual development

A whole range of leadership development activities use group learning techniques. These include training courses, degree programmes, virtual classrooms, seminars, workshops, etc.

These are great if you enjoy learning in a group – if you feel comfortable contributing and learning from others’ experiences. As leadership involves other people, it is difficult to develop your leadership confidence if you don’t involve others at some point in your learning. The best group based programmes use group exercises and give you opportunities to practice leadership skills. They also have plenty of chance to give and receive feedback.

Individual development covers one-to-one coaching and self-development activities (eg, reading, workbooks, e-learning).

E-learning has come a long way in the last few years and there are some great materials around. Similarly, there are some very good e-books on the market.

These techniques are very focused on you and your needs and they progress at your own pace. But self-study alone can not provide you with the practice and feedback that you might need to build your leadership confidence.

My recommendation? Find a leadership development programme that offers elements of both group and individual learning. Perhaps some workshops or course modules with self-study and one-to-one coaching built in or with coaching as an add-on. But choose elements that are focused on your needs rather than a sheep dip, or one size fits all, approach.

Academic or vocational

Academic programmes are those that are based upon the learning of theory, or upon new research that extends the body of knowledge. They are mainly cognitive or cerebral (to do with the head) and lead to academic qualifications, such as university degrees.

Vocational programmes are more practical in their nature and are concerned with the application of learning to real situations. They tend to focus on skills and less on theory, although they can also lead to vocational qualifications.

Actually, the “or” in the title is not clear cut. Some university degrees are vocational in nature. In the world of management and leadership, the Master of Business Administration degree (MBA) is an obvious example. However, there will still be a large amount of academic / intellectual / theory in any degree programme.

Many organisations run vocational leadership programmes, or corporate leadership training scheme, for their leaders. Some also offer routes to academic programmes for those who do well on vocational ones.

My recommendation? Think carefully about what you want and how you learn best. If you want to develop practical skills – opt for a vocational programme. If you want to understand the theoretical basis of leadership first, look for a suitable academic course of study.

Bespoke or open programmes

A bespoke leadership development programme is one that is designed and developed around the identified learning needs of the employing organisation and the participants. They tend to be run “in-company”.

An open programme sells places to participants from different employers. You can find yourself alongside people from many different contexts. Open programmes are sometimes run “in-company” – but sometimes with little or no modification beforehand.

If it is just you wanting to learn on a group based programme, you will probably have to find an open programme. Unless of course your powers of persuasion as such that you can get your employer to commission a bespoke programme.

Open programmes can have two key advantages. They offer the chance to learn from people from other organisations, to benchmark yourself and to look beyond the familiar. They are also relatively anonymous! You can make your mistakes away from your friends and colleagues.

But some open programmes are not always very sharply focussed. And unless they are chosen around your own needs, they can be frustrating. This is were “bespoke is best” – providing of course that the trainer is any good. A good bespoke programme can offer direct, relevant and directly transferable learning that you can take straight back to work.

My recommendation? Go for bespoke if it is available. If not, ask the providers of the open programme about the programme objectives and compare these with what you wish to learn. Then ask them what steps they will take to identify and address your individual learning needs. If you are happy with the answers, then ask if they will refer you to a past participant who can tell you about their experiences.

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Balancing Your Leadership Style

This summer we began work with a Chief Service Officer (CSO) in a customer service organization with call centers around the globe. His prime objective for the coming year was the recruitment and retention of employees with a ‘customer-focused’ mindset. He knew the value of a diverse workforce would flow over into satisfying worldwide customer demands, impact the standardization of the delivery process of a diverse vendor base; and enhance or break their global image as well. He expressed that several of the state-side centers had begun to experience employee conflict attributed to a mix of the generational workforce management styles. He stated that the company had its own distinctive personality; but, with the current issues he was certain leadership styles were unbalanced.

We were anxious to help him discover if the belief structure of the mix of generational core values was influencing leadership styles. Were they too autocratic, too transactional focused, overly bureaucratic, or overly participatory, never able to reach a final decision? Do the leaders at each center need a mix of leadership styles, a more evenhanded methodology? We are still working with this organization, but let’s explore a few of the common leadership styles practiced today. There are a few more leadership styles than we list here, but considered these were more relevant to our CSO’s situation.

o Autocratic leadership- leader exerts high levels of power over the employees or teams. Team members are given few opportunities for making alternate proposals, even if these would best serve the organization’s processes.
o Bureaucratic leadership- leader works “by the book”, ensuring that their staff follow procedures exactly, very appropriate for work involving serious safety risks such as, working with machinery, with toxic spills or at extremely contagious health conditions.
o Democratic leadership-participative leadership- this leader makes the final decision. They invite others to contribute to the decision-making process, increasing job satisfaction by involvement.
o Situational leadership-a leader that can instinctively switch between styles according to the staff and the corresponding work they are dealing with at the current moment, ensuring the right levels of product quality, environmental security; and employee motivation.
o Transactional leadership- leader is in the agreement with the team members to obey their leader totally when they take a job on. The “transaction” is that the organization pays the team members in exchange for their expertise and conformity.
o Transformational leadership- leader is a sincere principal who inspires the team members with a shared vision of the future. Transformational leaders are highly noticeable and are seen truly listening & engaging their staff.

As technology advances in all industries, this challenges the leadership style of command-and-control. The leadership methodology of the past century is inefficient in the motivation & retention of people who are talented in the hi-tech fields, some even holding patents in the creation of the newer wireless tools.

The leadership of this century is a combination of earnest employee relationships and internal meaningful achievement. Great leaders have learned how to assimilate and execute many types of leadership. A balanced leadership style includes the creation of a positive work culture, constructing opportunities where the team’s expertise is visible internally & externally, maintaining consistent communication between team members and other departments, sustains a certainty in the company’s direction; and, acknowledges the achievements of individual members.

Remember that organizational ‘systems’ progress toward change cautiously. As you may want to integrate a leadership change, describe your perspective in positive terms using the benefits to the company’s economic result and resolve the human apprehension of a change in your style. Last, define how your changes can be more strategically activated with their collaboration while developing new enthusiasm, corporate confidence, and vitality.

If you think your leadership style could use some integration of other styles, ask yourself:

o What style of leadership best describes you? Are you happy with that style or would you benefit from an integration of a few styles?
o What routine practices are fading out in your industry and how will that change your leadership style for the future of your business?
o What type of leadership relationships will your clients value in coming years?
o What technological changes will have a positive or negative effect on your business? What new concerns and problems will be generated by these technologies and may propel you to a new style of leadership?
o What would the people you’ve worked with do differently because they worked with you in the new leadership style?
o What elements of leadership will you use to purge out old language, delete old behavior patterns, or discard anything not useful to meet your collective goals?
o How will you measure the success of discarding what is not needed for the future goals?
o Do you, as a leader, understand the specific fears of your employees? What are they concerned about? How strongly do they feel about it? Do they perceive your stated strategies as beneficial or not?
o As the leader you aspire to be, how do you inspire and display enthusiasm for management of complex issues regarding performance without being autocratic?
o How will you nurture and encourage initiative and boldness, both verbally and visually?
o How will you sustain the balance of work and personal life for yourself as a great leader?

“Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall.” Stephen Covey

Bradley Morgan, MS,PCC

Bradley Morgan is a corporate and ontological coach who served as a hi-tech executive for over 17 years, in companies such as, IBM, Bay Networks, Premysis, and Brocade Communications. Bradley’s credentials include a BS from Georgia Tech, a MS from UCLA, a certificate in gerontology from the University of Maryland; and a Professional Coaching Certification (PCC) through the Newfield Network program. In the telecommunications industry, she developed both domestic and international systems engineering teams for technical expertise and executive level leadership. Bradley is a member of the International Coaching Federation (ICF), American Management Associates (AMA), the American Society on Aging (ASA); and the American Parkinson’s Disease Association (APDA). Please visit the Web site, [http://www.walksbesidecoaching.com].

Article Source: https://EzineArticles.com/expert/Bradley_Ann_Morgan/174791

 

Your Immune System – What is it and How Does it Work?

Very simply, your immune system is your front line of defense against all invaders to keep you healthy. “Invaders” include pathogens, bacteria, fungi, parasites, and viruses. Collectively, these make up a group of antigens. The response to these is invaders is called the antigen response. The word comes from the generation of antibodies to fight them off.

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Sales Training and Coaching

Sales coaching is an art in itself and when you know what and how do it and what to search for in people, you are eighty% complete within the task. Will you ask the correct queries to understand how they can perform during a sales situation and is it a true indicator of how they will be in the field of selling?

I’m certain you have heard of the eighty/twenty rule and in sales coaching it’s the rule for sure. If you’re not acquainted with the 80/twenty rule then what this implies is eighty% of the income is accomplished from 20% of the sales force and twenty% of the income is accomplished from eighty% of the sales force. It has not changed for years and if you know this going in then you’ll be able to modify you hiring practices accordingly.

How will you recognize if the salesperson you are talking to will actually perform for your company? Will you recognize if the sales training is worth the investment and are you hiring one of the 80% salespeople or a big shot? What has been the performance in their past job and have they received correct sales training. Why are they looking to change, has there been a variation in their life such as being married or has there been an addition to their family. If there’s a reason for the variation, then you can be nearly certain that they’re motivated and want to find success and maybe are willing to do what it takes to induct themselves into that twenty% club.

If a salesperson has had recent changes in their lives, then you’ll be able to be confident that their motivation for wanting to improve themselves is sincere. Your investment for sales training would be almost a sure factor that they can work tougher and be motivated to try to do their best for your company. The probability of them becoming one of the twenty% salespeople is greatly increased.

Another one amongst my questions for potential salespeople is to insist that they sale me my product and this could tell you if you’ve got a natural salesperson or maybe one that needs some polished training. If they begin by making an attempt to convince me how great the product is, then I know that they are in the eighty% and therefore would need some training. If that start by attempting to qualify me for the acquisition then you and I both understand we have one among the 20% salespeople and that is a sensible indicator that they have the potential to be a superstar.

Sales coaching for either of the sorts of salespeople wants to be targeted on information of product and aiding potential customers make sensible choices so you and the customer are in a wining situation. Specialize in the correct knowledge of consumers and product will bring consistent results for your company and the correct kind of system can insure the salespeople plus the company success.

Sales coaching and sales systems are how success stories are written and you’ve got the ability to begin your company’s success story. Potential salespeople want to be hired on capabilities and either you’re going to coach them to be sensible salespeople or you’ve got that superstar that must be place in that success state of affairs, you make the call, however look at their value and potential and see where they belong.

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Article Source: https://EzineArticles.com/expert/Bob_Callahan/272589

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