DBR-Vol2-N2
Drake Business Review Volume 2 Number 2
Drake Business Review Volume 2 Number 2
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PAGE 23<br />
THE ULTIMATE JOB<br />
AUSTRALIA CAMPAIGN<br />
HELPING YOU MEET THE CHALLENGES IN YOUR BUSINESS – RIGHT NOW VOL. 2, NO. 2<br />
THE FIVE<br />
DOMAINS<br />
OF HIGH CORPORATE<br />
PERFORMANCE<br />
INTELLECTUAL CAPITAL:<br />
APPRECIATE OR<br />
YOU WILL DEPRECIATE<br />
COMMON MYTHS ABOUT<br />
EMPLOYEE MOTIVATION
8<br />
38<br />
42<br />
THE FIVE DOMAINS<br />
OF HIGH CORPORATE PERFORMANCE<br />
INTELLECTUAL CAPITAL<br />
APPRECIATE OR YOU WILL DEPRECIATE<br />
COMMON MYTHS ABOUT<br />
EMPLOYEE MOTIVATION<br />
Chairman’s Message . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4<br />
Getting The Best from Your Outsourcing Agency . . . . . . . . . . . . . . . . . . . . . . 6<br />
12 Strategies of High-Income Salespeople . . . . . . . . . . . . . . . . . . . . . . . . . . . 16<br />
Improve Your Listening Skills . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20<br />
Drake Global Performance Initiatives (Australia) . . . . . . . . . . . . . . . . . . . . . 23<br />
Be a Great Boss! . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26<br />
Drake Global Performance Initiatives (Canada & Hong Kong) . . . . . . . . . 29<br />
Address Job Performance Without<br />
Harming Commitment or Retention . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30<br />
Don’t Leave Your Corporate Reputation to Chance . . . . . . . . . . . . . . . . . . . 34<br />
Drake International Locations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46<br />
OUTPERFORM WITH THE DRAKE BUSINESS REVIEW<br />
There is no better time to meet the challenges and opportunities in your business<br />
than right now. For a complimentary subscription, visit www.drakeintl.com<br />
EDITOR<br />
Anne CameronSmith<br />
DESIGNED BY<br />
Agency Nextdoor / Jelly Studio<br />
PUBLICATION TEAM<br />
Tony Scala<br />
Alexandra Tidy<br />
Winston Floro<br />
Published by Drake International Inc. © Copyright (c) 2010.<br />
Reproduction of the Drake Business Review in whole or in part<br />
without written permission is prohibited.<br />
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articles remain the property of the publishers/copyright holders.<br />
The opinions expressed are those of the authors and do not<br />
necessarily reflect those of the publisher. The Drake Business<br />
Review is published solely for information purposes. It is not<br />
intended as professional advice on any particular matter. Drake<br />
International Inc. assumes no liability for errors or omissions, or<br />
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While every effort has been made to ensure the accuracy of<br />
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www.drakeintl.com<br />
Drake Business Review | Volume 2, Number 2 | drakeintl.com<br />
3
CHAIRMAN’S MESSAGE<br />
BUSINESS PRIORITIES IN A<br />
CHANGING WORLD<br />
THE ONE CONSISTENCY in our lives is<br />
that the business world is always<br />
changing. Keeping up in a world that is<br />
constantly evolving is challenging for any<br />
organization. We face information that is<br />
accessible at an unprecedented pace,<br />
barriers that are shrinking due to globalization,<br />
and a customer-driven economy<br />
that is intensifying competitive pressure.<br />
Leadership development and expertise<br />
will be key ingredients in managing this<br />
accelerated change. Senior executives and<br />
managers need to clearly understand the<br />
dynamics of the changing business environment<br />
and possess the critical skills to lead<br />
their organizations into an uncertain future.<br />
The Henley Business School at the<br />
University of Reading in the UK conducted<br />
a Corporate Learning Priorities survey in<br />
November 2009 with some of the UK’s<br />
largest employers. The results revealed<br />
that developing the leadership skills of<br />
middle managers and equipping them to<br />
manage change are among the top learning<br />
and development priorities for organizations<br />
in 2010. Drake understands the importance<br />
of creating and developing leaders for<br />
competitive advantage. Through our<br />
Leadership Development Solutions, we<br />
help managers build their skills and grow<br />
from good managers into strong and<br />
effective leaders.<br />
Our feature article by Kevin Oakes on<br />
“The Five Domains of High Corporate<br />
Performance” lists leadership as one of<br />
the five core ingredients that separate<br />
high-performing companies from their<br />
lower-performing counterparts. The<br />
article also states that leadership isn’t the<br />
only ingredient: The whole talent<br />
management practice is crucial. Oakes<br />
indicates that companies that manage<br />
talent well tend to fare better in financial<br />
and performance measures.<br />
In his article on Intellectual Capital starting<br />
on page 38, David Lee reinforces that an<br />
organization’s intellectual assets are its<br />
most important source of competitive<br />
advantage. His article highlights smart<br />
companies and what they do to appreciate<br />
and leverage their human capital assets.<br />
People are your most competitive advantage,<br />
and probably your biggest expense.<br />
Have you ever had an expert third party<br />
take a good look at the systems you use to<br />
manage your intellectual assets? Drake’s<br />
HR Audit Solutions identify what is working<br />
well in your HR department, and what<br />
could be improved. The audit can be<br />
in-depth and comprehensive, or focused<br />
on quickly tackling one particular issue.<br />
On the subject of intellectual assets and<br />
talent management, the law firm of Speechly<br />
Bircham and the HRM Learning Board at<br />
King’s College London conducted an annual<br />
State of HR Survey. I was interested to learn<br />
from the responses from HR professionals<br />
that the top three major HR challenges for<br />
2010 are:<br />
Maintaining employee engagement<br />
Succession planning<br />
Managing growth and expansion<br />
A cost-efficient method companies use to<br />
help manage growth and expansion is the<br />
utilization of flexible staff. It enables companies<br />
to staff up and down in line with<br />
business demands, and have access to talent<br />
when needed the most. By retaining a core<br />
of permanent staff and using flexible staff<br />
to manage peak workloads, they achieve an<br />
optimum staffing balance. This helps organizations<br />
reduce costs, increase productivity,<br />
and improve the bottom line.<br />
Drake has decades of experience providing<br />
the very best (tested and trained) flexible<br />
staffing. We can help you fill gaps, keep<br />
productivity high, and minimize disruptions<br />
to your business. Flexible staffing is a positive<br />
and valuable part of your workforce strategy.<br />
Over all, for any company to grow and be<br />
successful, you need the right people in<br />
the right jobs with the right skills. Some<br />
companies hired very talented people<br />
during the economic downturn, when other<br />
4<br />
Drake Business Review | Volume 2, Number 2 | drakeintl.com
FLEXIBLE STAFFING<br />
IS A VALUABLE PART<br />
OF YOUR WORKFORCE<br />
STRATEGY.<br />
organizations were trimming their staff.<br />
Tough times often present the best opportunities<br />
to hire great people. Going against<br />
conventional wisdom is sometimes the<br />
smart thing to do. However, if you made cuts<br />
in your workforce early in the recession, you<br />
may now need to quickly focus on re-staffing,<br />
utilizing permanent and flexible workforce<br />
strategies to actively plan for success.<br />
I believe that 2010 will be a major year of<br />
transition as we emerge from recession<br />
mode to a return to growth. During the<br />
financial crisis, many organizations focused<br />
on survival methods and de-emphasized<br />
talent management. The fact is, companies<br />
will not be competitive, will not be market<br />
leaders, and will not emerge from the recession<br />
in a significantly enhanced position<br />
without a focus on talent management and<br />
workforce planning. This has always been<br />
the foundation of an organization’s<br />
strength, during bad times and good.<br />
Workforce planning, talent management,<br />
and high-impact leadership, combined<br />
with excellent and consistent execution of<br />
strategy, will be the defining marks of<br />
stalwart organizations.<br />
R.W. POLLOCK, CHAIRMAN<br />
5
GET THE BEST<br />
FROM YOUR OUTSOURCING AGENCY<br />
Outsourcing of routine functions has<br />
become a viable and an affordable option.<br />
WITH INCREASING STANDARDIZATION<br />
of procedures and operations, outsourcing<br />
routine functions has become a<br />
viable and affordable option to using<br />
valuable in-house resources. More and<br />
more companies prefer to outsource their<br />
backend operations, communications,<br />
data processing, and other employeeintensive<br />
activities. Hence, their selection<br />
has become a crucial function.<br />
However, finding the right outsourcing<br />
agency is not always easy. There must be a<br />
synergy of operations between a company<br />
and the outsourcing vendor, without<br />
which there could be needless repetition<br />
and lack of optimal use of the outsourced<br />
company’s resources.<br />
Companies that opt for outsourcing their<br />
operations must carefully weigh the<br />
advantages of maintaining in-house<br />
operations against the advantages of<br />
outsourcing them. The deciding factor<br />
should be the impact of this decision on<br />
the company’s bottom line.<br />
USE THIS CHECKLIST TO GET THE MAXIMUM<br />
OUTPUT FROM YOUR OUTSOURCING AGENCY:<br />
1. Ensure the outsourcing agency has the<br />
credentials and resources to ensure<br />
speedy and efficient delivery of services.<br />
Make sure you each clarify your position at<br />
the onset of the vendor–client relationship.<br />
Devise back-up plans for technical snags<br />
before handing over operations.<br />
2. Make sure you are getting your money’s<br />
worth. Get all the costs, and work out the<br />
cost to benefit ratio before you proceed.<br />
3. Invite proposals from several outsourcing<br />
agencies to discover what is available. Don’t<br />
go with “low-cost, high-out” deals. Examine<br />
such qualifications as resources, agency<br />
service experience, market reputation, and<br />
the profile of the management.Thoroughly<br />
research the profile of the agency and its<br />
market reputation before signing up.<br />
4. Having made your final selection, let<br />
the agency know that building and maintaining<br />
the relationship will be a two-way<br />
process. Both companies have to work in<br />
sync to make the relationship work. In the<br />
initial stages, the outsourcing agency may<br />
seek your intervention. You must extend<br />
assistance to help the outsourcing agency<br />
streamline all the processes. Once the<br />
activities take off, periodically review<br />
using appropriate assessment tools to<br />
ensure that your company is working with<br />
a good outsourcing agency.<br />
5. If the services do not live up to your expectations,<br />
don’t be in a hurry to terminate the<br />
contract. Very often, the problem lies on<br />
both ends. Make sure that nothing on your<br />
end caused the breakdown of the services.<br />
Was your assistance timely? Did you do the<br />
necessary routine check to ensure smooth<br />
functioning? Was the breakdown of services<br />
a freak case of bad coincidence? If there is<br />
room to revive the relationship, do all that it<br />
takes to restructure the processes.<br />
With these recommendations, managers<br />
can get better yield from their outsourcing<br />
vendors and maintain a healthier clientvendor<br />
relationship.<br />
<strong>DBR</strong><br />
Reprinted from www.hrprofessor.com, a source of authorcontributed,<br />
human capital management articles.<br />
6<br />
Drake Business Review | Volume 2, Number 2 | drakeintl.com
FEATURE STORY<br />
THE FIVE DOMAINS<br />
OF HIGH CORPORATE PERFORMANCE<br />
8 Drake Business Review | Volume 2, Number 2 | drakeintl.com
RESEARCH CONDUCTED BY<br />
THE INSTITUTE FOR CORPORATE<br />
PRODUCTIVITY (i4cp)<br />
REVEALED THE FIVE KEY<br />
HUMAN CAPITAL DOMAINS<br />
THAT COMPANIES LEVERAGE<br />
TO DRIVE PERFORMANCE.<br />
AS THE WORLD’S LARGEST<br />
VENDOR-FREE NETWORK OF<br />
CORPORATIONS, i4cp IS<br />
FOCUSED ON BUILDING AND<br />
SUSTAINING HIGHLY PRODUCTIVE,<br />
HIGH-PERFORMANCE<br />
ORGANIZATIONS.<br />
THE FOLLOWING IS AN EXCERPT<br />
FROM THEIR WHITE PAPER.<br />
9
THE FIVE DOMAINS OF HIGH CORPORATE PERFORMANCE<br />
HIGH-PERFORMANCE companies are the<br />
role models of the organizational<br />
world. They represent real-world versions<br />
of a modern managerial ideal — the organization<br />
that is so excellent in so many areas<br />
that it consistently outperforms most of its<br />
competitors for extended periods of time,<br />
despite industry or economic conditions.<br />
What are high-performance organizations<br />
like? What do they do differently? Is<br />
there a secret recipe that allows them to<br />
outperform their competition?<br />
What do we mean by high performance? Is<br />
there a difference between “surviving" and<br />
“performing”? Do we mean companies that<br />
outperform others in their own industry or<br />
across industries? How long a time period<br />
constitutes “high performance"? And which<br />
measures, financial or otherwise, are the<br />
best ones to use?<br />
Over the last four decades, i4cp researchers<br />
have looked at various ways to define high<br />
performance and the traits that separate<br />
the consistently top organizations from<br />
the rest. Over that time, they recognized<br />
high-performing organizations as ones<br />
that consistently outperform most of their<br />
FIGURE 1 – THE FIVE DOMAINS OF HIGH-PERFORMANCE ORGANIZATIONS<br />
Responses based on a 7-point Likert scale ranging from strongly disagree to strongly agree<br />
STRATEGY<br />
competitors in four primary areas—<br />
revenue growth, market share, profitability<br />
and customer satisfaction.<br />
They examined over 100 core human capital<br />
areas to determine the differences between<br />
high-performing and low-performing<br />
organizations. The research clearly shows<br />
that no single ingredient guarantees organizational<br />
success. Rather, high performance is<br />
like a delicate entrée based on a group of<br />
core ingredients, any one of which, if left out<br />
or of inferior quality, can ruin the entire item.<br />
THE FIVE DOMAINS OF HIGH PERFORMANCE<br />
Five core ingredients separate higher performers<br />
from their lower-performing<br />
counterparts:<br />
1. Strategy: Their strategies are more consistent,<br />
clearly communicated, and well<br />
thought out. They are more likely than<br />
other companies to say that their philosophies<br />
are consistent with their strategies,<br />
and their performance measurements mirror<br />
their strategies.<br />
2. Leadership: Leadership is clear, fair, and<br />
talent-oriented. Those leaders are more<br />
likely to promote the best people for the<br />
3.91<br />
5.41<br />
job, make sure performance expectations<br />
are well known and consistent with the<br />
strategy, and are committed to developing<br />
their people.<br />
3. Talent: The organization has a commitment<br />
to the right talent. While employees<br />
are treated as unique individuals, the<br />
organization takes a holistic approach to<br />
managing and making decisions based on<br />
data-driven information. This begins with<br />
a strategic approach to workforce planning.<br />
It entails looking at the organization<br />
from outside in to identify the business<br />
model components and areas that drive<br />
value, and then to determine what the<br />
organization needs.<br />
4. Culture: The culture is strong in all the<br />
right ways, and employees are more likely to<br />
think the organization is a good place to<br />
work. Employees not only adapt well to<br />
change, they embrace it. High performers<br />
also emphasize a readiness to meet new<br />
challenges and are committed to innovation.<br />
5. Market: They are more likely to have a<br />
strong market focus, and to go above and<br />
beyond for their customers. They are organized<br />
internally around what’s best for the<br />
customer, they think hard about customers’<br />
future and long-term needs, and their strategy<br />
is based on customer data.They are also<br />
more likely to see customer information as<br />
the most important factor for developing<br />
new products and services.<br />
LEADERSHIP<br />
TALENT<br />
CULTURE<br />
MARKET<br />
3.78<br />
3.84<br />
4.91<br />
4.62<br />
5.00<br />
4.91<br />
5.17<br />
5.70<br />
While these five domains — strategy, leadership,<br />
talent, culture, and market focus —<br />
may seem a bit broad or even obvious, the<br />
degree of separation the research showed<br />
between high and low performers within<br />
these five elements is startling. Figure 1<br />
from a recently-released study on high<br />
performance by i4cp depicts this separation.<br />
Average Score of Low Performers<br />
Average Score of High Performers<br />
10 Drake Business Review | Volume 2, Number 2 | drakeintl.com
THE FIVE DOMAINS OF HIGH CORPORATE PERFORMANCE<br />
While the five core domains are critical, sub-categories<br />
within each are even more critical to explore. Let’s look at<br />
each domain individually.<br />
ONE<br />
STRATEGY<br />
In the area of strategic approach, consistency<br />
is important to high performance.<br />
The common wisdom of “walk the talk” is<br />
an indispensable ingredient in highperformance<br />
organizations. If an executive<br />
says one thing and then does another,<br />
employees draw a variety of conclusions,most<br />
of them destructive to the organization.<br />
Executives in high-performance organizations<br />
avoid these problems by ensuring<br />
that employees are clear about the strategic<br />
plan and the company’s approach to business,<br />
and by ensuring that managers<br />
behave consistently. In the research, highperformance<br />
firms scored higher than the<br />
lower performers in all attributes that<br />
measure consistency of strategic approach.<br />
The single most widely cited strategic<br />
practice among high-performance organizations<br />
was: “My organization’s philosophy<br />
statement is consistent with its strategy.”<br />
And the strategic practice in which high<br />
performers outstrip low performers the<br />
most is: “Organization-wide performance<br />
measures match the organization’s strategy,”<br />
followed by “Organization’s strategic plan is<br />
clear and well thought out.”<br />
These findings indicate that high performance<br />
is not related just to consistency of<br />
leadership behaviours, but to its consistency<br />
with the overall philosophy of the organization.<br />
Leaders come and go, but philosophy<br />
tends to be more stable. Strategies should be<br />
aligned with these philosophies as well as<br />
with performance measures.<br />
TWO<br />
LEADERSHIP<br />
Senior Leadership is frequently portrayed as<br />
the key ingredient in creating a successful<br />
organization, but recent research suggests<br />
this can be overstated. Nitin Nohria<br />
(Richard P. Chapman, Professor of Business<br />
Administration at Harvard Business School)<br />
and colleagues at Harvard found that, on<br />
average, 14% of a firm’s performance is<br />
dependent on its leaders. Leadership is only<br />
one of five key components of organizational<br />
systems that must operate in a<br />
mutual harmony to be effective.<br />
Research found that one of the most widely<br />
agreed-on leadership-related strategies is<br />
ensuring that “Everyone is clear about the<br />
organization’s performance expectations.”<br />
Another important factor associated<br />
with high performance is “Making sure<br />
employees believe that their behaviour<br />
affects the organization.” Leaders can’t do<br />
their jobs alone. They must be able to convince<br />
others of just how important their<br />
own behaviours are to the success of the<br />
whole organization.<br />
A third factor that was strongly associated<br />
with performance is the idea that<br />
“Management promotes the person who<br />
has the best skills and knowledge to do the<br />
job.” Performance tends to be higher in<br />
organizations where promotions are based<br />
on talent and merit rather than on other<br />
factors, such as organizational politics.<br />
Leadership behaviour can also be analyzed<br />
from a broader perspective based on the highperformance<br />
paradigm set out above,and can<br />
be grouped into three major categories:<br />
1. Supervisory relationship: For over 50<br />
years, organizational researchers have<br />
found that the most important relationship<br />
in any organization is the one between<br />
employees and their immediate supervisors.<br />
A good relationship between employee and<br />
supervisor is associated with high performance,<br />
more safety-conscious behaviour,<br />
better physical health, and higher employee<br />
satisfaction.<br />
2. Innovation in HR: The research also<br />
uncovered that high-performance organizations<br />
had more innovative human<br />
resources than low-performance ones.Their<br />
HR functions bring new approaches to<br />
people management so they are continually<br />
aware of what other companies are doing<br />
to more effectively manage people.<br />
3. Clarity of goals and consistency of<br />
rewards: As noted above, high-performance<br />
companies are clear and consistent in their<br />
performance expectations, and they also<br />
12 Drake Business Review | Volume 2, Number 2 | drakeintl.com
tend to be more consistent in the ways they<br />
reward workers. They set clear performance<br />
expectations, reward employees who have<br />
the best ability, and reward those employees<br />
who strive to best meet customer needs.<br />
THREE<br />
TALENT<br />
Effective talent management (TM) helps<br />
build a high-performing organization by<br />
moving beyond a focus on HR practices,<br />
processes, and systems to a strategic one<br />
linked to business outcomes. This begins<br />
with stepping outside of HR and looking<br />
at the organization from an outside-in<br />
perspective, which entails identifying the<br />
business model components and areas<br />
that drive value and determining what<br />
the organization needs.<br />
The cost of not doing talent management is<br />
staggering, considering the cumulative<br />
effects of lowered retention and increased<br />
turnover; lack of workforce planning, which<br />
leads to reactive rather than proactive<br />
management; compromised succession<br />
planning; the cost and time of hiring from<br />
outside because talent has not been developed<br />
internally; and the overall impact of all<br />
these factors on the bottom line.<br />
When it comes to effective talent management,<br />
high-performance organizations excel<br />
in these areas:<br />
1. They have created a meaningful definition<br />
of talent management for their organization<br />
that supports the business strategy<br />
and is understood by all stakeholders.<br />
2. They have integrated the components<br />
of talent management in both processes<br />
and technologically.<br />
3. They have assigned clear accountability<br />
for talent management internally, and they<br />
also make the business case for talent management<br />
clear to gain senior-level support.<br />
4. They determine what metrics they want<br />
to capture to measure the success of their<br />
talent management initiatives and have<br />
assigned clear ownership of those metrics<br />
while reporting on them frequently.<br />
5. The executive team creates the organizational<br />
incentives, monitors the progress, and<br />
rewards behaviours that are in line with the<br />
talent management objectives.<br />
Research suggests that companies that<br />
manage talent well tend to fare better in<br />
financial and performance measures than<br />
their less people-capable competitors.<br />
FOUR<br />
CULTURE<br />
Being seen as a “good place to work” is a<br />
solid indicator that an organization is a high<br />
performer. Not only is this characteristic<br />
the most widely cited by high-performance<br />
organizations, it is also an area in which<br />
those organizations outstrip low performers.<br />
High-performance companies are also<br />
well aware of such external factors as<br />
customers, markets, and competitors, and<br />
they are ready to take on new challenges.<br />
Another element of culture that’s correlated<br />
with high performance is a commitment<br />
to innovation.<br />
Ethics also play a big role in defining an organization’s<br />
culture. A whopping 69% say their<br />
organization adheres to the highest ethical<br />
standards. However, the percentage is even<br />
higher for top performers. The high positive<br />
response rate reflects the current concern<br />
over ethical behaviour in organizations, and<br />
the data indicate a positive relationship<br />
between performance and ethics.<br />
Values, beliefs, and ethics are grouped into<br />
four categories that drive high performance:<br />
1. Approach to work: In addition to some of<br />
the values noted above, employees in highperformance<br />
companies tend to be loyal to<br />
the company and to participate in their<br />
organization’s social events.<br />
2. How the organization treats its<br />
employees: High-performance firms create<br />
an environment that fosters cohesiveness,<br />
loyalty, and readiness to change. Such<br />
organizations tend to treat their employees<br />
well, and employees, in turn, treat the<br />
organization well. They also tend to be<br />
more concerned about their employees<br />
than do the low-performance organizations.<br />
3. Employees have the freedom to use their<br />
judgment: In high-performance organizations,<br />
employees have more freedom to use<br />
their own discretion than do those in lowperformance<br />
ones. They also have more<br />
liberty to change processes or procedures to<br />
improve outcomes. Their supervisors have<br />
the same type of freedom.<br />
4. Ethics: As noted before, high-performance<br />
organizations tend to have a stronger<br />
set of ethics-related values than the lowperformance<br />
ones.<br />
It makes sense to examine these issues<br />
today, because corporate cultures are likely<br />
to become more critical in the future. The<br />
research indicates that the external factors<br />
influencing culture will have an even greater<br />
impact 10 years from now. In the highly<br />
multicultural, technology organizations of<br />
tomorrow, it will be crucial for far-flung<br />
organizations to forge unique identities both<br />
for customers and for employees as part of<br />
their “branding” efforts.<br />
13
THE FIVE DOMAINS OF HIGH CORPORATE PERFORMANCE<br />
Corporate cultures will also need to be<br />
more adept at becoming “talent magnets”<br />
in the future, and they’ll probably need to<br />
adopt stronger values related to sustainability,<br />
diversity, resiliency, and agility. In<br />
addition, they’ll often need to represent<br />
and express their cultures via virtual online<br />
worlds, where geographically dispersed<br />
employees can get a greater sense of<br />
belonging and understanding.<br />
None of these shifts will be easy. Even<br />
organizations that currently have effective<br />
corporate cultures will be challenged to<br />
maintain them amid the changing and<br />
tumultuous environment of the coming<br />
decade. The good news is that positive cultures<br />
are linked to greater adaptability.<br />
Therefore, leaders should view the topic of<br />
corporate culture not only as important to<br />
high performance today but also as potentially<br />
critical to their organization’s ability<br />
to survive and thrive in the future.<br />
FIVE<br />
MARKET FOCUS<br />
High-performance companies tend to be<br />
more attuned to the current and future<br />
needs of their customers than lowperformance<br />
ones. High performance is also<br />
associated with a very strong emphasis on<br />
customer service, including vigorous efforts<br />
to serve customers better than anyone else<br />
in the industry. The research found high<br />
performance to be linked with the use of<br />
“customer information as the most<br />
important factor related to developing new<br />
products and services.” In short, highperformance<br />
companies seek out and act on<br />
the insight they gain from their customers.<br />
High-performance firms also understand<br />
that different customers have different<br />
needs, and that some customers add more<br />
to the bottom line than others. Such organizations<br />
create different types of processes to<br />
manage different categories of customers,<br />
and they are attuned to shifts in the market<br />
that require them to change how they treat<br />
customers. In general, they are more outwardly<br />
focused on customer needs and<br />
behaviour than low-performance firms.<br />
1. External focus: In general, high-performance<br />
companies are more willing to hear<br />
what is best for the customer rather than<br />
what is best for the organization.<br />
2. Philosophical approach: High-performance<br />
organizations intend to be the “best in<br />
the world” in providing value and exceeding<br />
customer expectations, and are more likely<br />
than others to “walk their talk” in terms of<br />
customer focus.<br />
3. Internal design: High-performance<br />
organizations tend to be better at creating<br />
and maintaining internal processes that<br />
best meet the needs of the customer.<br />
Their customer-focused processes are also<br />
more flexible than those in low-performance<br />
firms, and leave room for employees to use<br />
their judgment in meeting customer needs.<br />
Most corporations have recognized the<br />
importance of customer focus. Now it's time<br />
to put plans into action. Organizations are<br />
beginning to promote a greater focus on<br />
customers within many levels of their<br />
business. Customers feature prominently in<br />
vision statements, scorecard measures,<br />
innovation efforts, employee performance<br />
standards, reward programs, and other<br />
important areas of business operations. This<br />
increased focus should be reflected in the<br />
bottom line.<br />
ALIGNMENT AND EXECUTION<br />
Often, high performance boils down to a<br />
simple phrase: alignment and execution. It’s<br />
important for a company’s values and<br />
culture to align with its strategies, which<br />
then must align with its market focus, talent<br />
programs, and leadership approaches, and<br />
then to execute on those strategies. The five<br />
domains of high performance bring into<br />
focus what top organizations align on and<br />
execute against versus the low performers.<br />
The research suggests that over the next<br />
10 years, the five domains of high-performance<br />
organizations are likely to remain<br />
stable, while the ways in which companies<br />
demonstrate those characteristics will<br />
evolve. There will be innovations in leadership<br />
competencies, talent-management<br />
programs, technology usage, customer<br />
service, performance metrics, and the like.<br />
Achieving and maintaining high performance<br />
in this environment will require<br />
companies to adapt to a changing marketplace<br />
and shifting social attitudes.<br />
Organizational leaders will also need to<br />
adapt to new theories and understandings<br />
of high performance, staying abreast of<br />
the research in the field. After all, today’s<br />
favoured strategies and best practices can<br />
easily become tomorrow’s failures of<br />
imagination.Amid these changes in practices<br />
and marketplaces, some companies are<br />
especially outstanding in terms of their<br />
ability to perform at a high level for years<br />
at a time. These organizations will always<br />
have much to teach us.<br />
<strong>DBR</strong><br />
Excerpt reprinted with the permission of Kevin Oakes, CEO,<br />
Institute for Corporate Productivity (i4cp). A pioneer in the<br />
human capital field, he is a frequent international keynote<br />
speaker and author. Kevin.oakes@i4cp.com . www.i4cp.com<br />
14 Drake Business Review | Volume 2, Number 2 | drakeintl.com
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PEOPLE BUY<br />
FROM PEOPLE<br />
THEY TRUST,<br />
NOT PEOPLE<br />
THEY LIKE.<br />
12<br />
STRATEGIES<br />
of High-Income<br />
Salespeople<br />
16 Drake Business Review | Volume 2, Number 2 | drakeintl.com
MANY SALESPEOPLE STILL use outdated<br />
methods to plan their client and<br />
prospect sales calls. Instead, they should be<br />
following the philosophies and attitudes<br />
of today’s successful salespeople and<br />
tomorrow’s superstars.<br />
to you in your life besides your career?<br />
How do you like to spend your personal<br />
time? What are your needs for career and<br />
personal stimulation and feelings of selfworth?<br />
Are they being satisfied in your<br />
current selling position or circumstances?<br />
To be a success in sales, you must first look<br />
within to understand who you are and what<br />
you are all about. Start by considering and<br />
answering these key questions:<br />
1<br />
WHO ARE YOU? What are your opinions,<br />
prejudices, judgments, attitudes, values<br />
and beliefs, philosophies, and old baggage<br />
that may be sabotaging your sales success?<br />
Do you know who you really are? Do you<br />
know who you take into your sales calls? Are<br />
you sending a non-verbal message that is<br />
consistent with your verbal behaviour? How<br />
would your prospects and clients describe<br />
your behaviour and attitudes?<br />
A thorough and honest self-appraisal is<br />
critical if you want to successfully sell in<br />
today’s business climate.<br />
WHAT IS YOUR BASIC FUNDAMENTAL<br />
2 PURPOSE OR MISSION IN SELLING? Is it to<br />
make money? Serve your clients? Grow your<br />
company? Contribute to society? Provide for<br />
your family’s current and future needs? Have<br />
fun? Have the opportunity to determine<br />
your own career and financial destiny?<br />
What aspect of selling do you feel<br />
passionate about? Would you change<br />
careers for more praise, recognition, challenge,<br />
responsibility, money, or opportunity?<br />
Your reasons, more than your goals, will<br />
determine your sense of peace, balance,<br />
and fulfillment in your sales career.<br />
WHAT TYPE OF PEOPLE DO YOU LIKE TO BE<br />
3 AROUND? How do you like to spend<br />
your career time? What else is important<br />
Selling is about building successful,<br />
positive, ongoing relationships — all types of<br />
relationships. Your overall success will be<br />
greatly affected by your willingness and<br />
ability to establish and maintain positive<br />
relationships.<br />
HOW MUCH TIME ARE YOU DEVOTING TO<br />
4 YOUR PERSONAL GROWTH? Do you<br />
regularly read good books, listen to great<br />
music, attend seminars, and network with<br />
people who can help you? Do you take<br />
time to recharge your battery with vacations<br />
and weekend adventures? Do you take<br />
time to relax? Do you get adequate rest<br />
and proper nutrition?<br />
A successful selling career requires stamina,<br />
energy, and passion. You can't have these if<br />
you abuse your mind and body.<br />
To be a successful salesperson, you must<br />
thoroughly know your clients' business, their<br />
challenges and opportunities. On their<br />
behalf, you need to think far ahead and be<br />
their idea gold mine. Follow these key steps<br />
to develop successful client relationships<br />
and sales results:<br />
SOLVING YOUR PROSPECTS’ OR CLIENTS’<br />
5 PROBLEMS IS NO LONGER AN EFFECTIVE<br />
SALES STRATEGY. Successful salespeople today<br />
and tomorrow will be ‘creative problem<br />
creators’. Effective salespeople will be<br />
ruthless in their pursuit of uncovering, or<br />
creating, an awareness of client problems<br />
that the clients themselves weren't even<br />
aware they had. They will think far ahead of<br />
their clients, not just along with them.<br />
17
SUCCESSFUL SALESPEOPLE DON’T SELL PRICE.<br />
THEY SELL VALUE.<br />
To guarantee your success in the coming<br />
years, you must take this one approach. Find<br />
out what is preventing your prospects from<br />
getting a good night’s sleep. Determine<br />
what is worrying them, and you won't have<br />
to worry about customer loyalty, reducing<br />
prices, or over-aggressive competition.<br />
Even poor salespeople can solve a<br />
client’s problem with the right product,<br />
service, feature, or approach. It takes<br />
creative, forward-looking, and imaginative<br />
thinking to excel.<br />
PEOPLE BUY FROM PEOPLE THEY TRUST, NOT<br />
6 PEOPLE THEY LIKE. The key to building<br />
trust is simple. Promise a lot, and deliver<br />
more. Do what you say you will do, and then<br />
some. Honour your commitments, communicate<br />
with integrity, and be a resource for<br />
your client, not just a salesperson selling a<br />
product or service.<br />
What can you offer your client other than<br />
your products or services? You can provide a<br />
continuous flow of ideas. You can be an idea<br />
gold mine. But to be able to provide this level<br />
of information, you must constantly take in<br />
new information about the marketplace,<br />
your clients’ businesses, human behaviour,<br />
and those current events that affect your<br />
business and the business of your clients<br />
and prospects.<br />
We are not talking about devouring the<br />
local newspaper or evening news. Instead,<br />
subscribe to publications that feed your<br />
mind positive and worthwhile information<br />
that helps you improve your selling behaviour<br />
or learn how about the changing<br />
circumstances or trends in your target or<br />
niche industries.<br />
Peak-performance salespeople study their<br />
clients’ business, their industry, and their<br />
competition, and are walking encyclopedias<br />
of information on their own products and<br />
services. Do anything less, and you are fair<br />
game for anyone, and everyone, to take your<br />
business away from you.<br />
SUCCESSFUL SALESPEOPLE DON'T SELL PRICE;<br />
7 THEY SELL VALUE. Price always seems high<br />
if value is perceived as low. When you focus<br />
on price — because of poor product knowledge,<br />
poor client knowledge, or poor sales<br />
skills — you will always lose in the long run.<br />
Clients don't want cheap; they want the best<br />
value for their dollar. If you are focusing on<br />
price, you will never make it big in this<br />
dynamic profession. However, if you always<br />
sell value, you will never have to worry about<br />
losing business to price competition.<br />
In the short term, you might lose an<br />
occasional sale; however, if you are in this<br />
business for the long haul for both your<br />
company and your client, sooner or later<br />
your prospects or clients will come back to<br />
you and the value they need and desire.<br />
Only poor salespeople believe that prospects<br />
buy for price alone, and that price is their<br />
major motivator.<br />
EFFECTIVE PROSPECTING IS THE MOST<br />
8 IMPORTANT SALES SKILL YOU WILL EVER<br />
NEED TO MASTER. It is more important than<br />
good closing techniques, good sales presentations,<br />
or the ability to answer client<br />
resistance. The best salespeople are at their<br />
best when they are getting information. If<br />
you are spending your time planning your<br />
sales presentation, you are making a basic<br />
assumption that everyone buying from<br />
you buys for the same reasons. If you have<br />
been selling for more than 30 days, you<br />
know that this is not true.<br />
I can remember in my first sales position<br />
that I was told to memorize my presentation,<br />
the answers to objections and closes,<br />
and then go out and deliver the company<br />
story. I was fired in six months because I<br />
found out that no one was interested in my<br />
company’s story. The prospects wanted me<br />
to learn their story. T. Connor.<br />
What are your clients’stories? What are their<br />
wants, needs, desires, opinions, problems,<br />
attitudes, and/or judgments?<br />
The most important element of the sales<br />
process is not the giving of information, but<br />
the getting of information. Successful salespeople<br />
don't plan their sales presentations;<br />
they have a presentation strategy. If you have<br />
been selling your product or service for over<br />
three months, you should know what to say<br />
and when without planning it.The pros never<br />
go into a sales situation, however, without<br />
planning their questions, the information<br />
they are going to get. Remember, your<br />
prospect will tell you what you need to know<br />
to sell them. But you have to ask. And don't<br />
forget, the information you don't get now will<br />
cost you sales or sales relationships later.<br />
AN EFFECTIVE SALES PRESENTATION IS NOT<br />
9 A ONE-WAY CONVERSATION, BUT RATHER<br />
A TWO-WAY CONVERSATION. Many salespeople<br />
have been trained to deliver their sales<br />
message as a programmed discussion of<br />
the features and benefits of their product<br />
or service. This approach to selling has<br />
never been used by the real pros. It is not<br />
an effective way to represent the product<br />
18<br />
Drake Business Review | Volume 2, Number 2 | drakeintl.com
THE KEY TO SUCCESSFUL CLOSING IS EFFECTIVE PROSPECTING.<br />
or service in the most professional<br />
manner, and it is certainly not in the best<br />
interests of the prospect. Successful salespeople<br />
are more concerned about getting<br />
a client than making a sale.<br />
Every prospect buys for their reasons, not<br />
those of the salesperson or the company.<br />
When you deliver your standard approach<br />
or presentation, you assume that each<br />
prospect buys for the same reasons, at the<br />
same time, and in the same way, in the<br />
buying cycle. This just isn't true. Nor does<br />
it make good sense to try to sell this way.<br />
The successful salesperson customizes<br />
each sales conversation to the buying<br />
style, needs, interests, desires, and problems<br />
of each buyer. They don't try to shove their<br />
buying reasons or features down the<br />
throat of the customer.<br />
SALES RESISTANCE FROM THE CLIENT<br />
10 OR PROSPECT GIVES YOU VALUABLE<br />
INSIGHT INTO THEIR THINKING. Successful<br />
salespeople don't try to manoeuvre around<br />
this resistance but get it into the open<br />
quickly. For example, confident salespeople<br />
who know the value of their products and<br />
services don't run and hide from price<br />
objections; they bring up the value of<br />
working with a quality supplier early in the<br />
sales process.<br />
They are not afraid of their product or service<br />
inadequacies; they know that the other<br />
aspects of their organization, such as<br />
personal service or value added, more than<br />
make up for what they don't have or can’t<br />
provide. No product or service is ever perfect<br />
for every prospect in every situation; sooner<br />
or later, every prospect must go without<br />
something. The approach of successful<br />
salespeople is to ensure that the prospect<br />
understands that what they are getting<br />
more than makes up for what they are<br />
missing, as well as how it will satisfy their<br />
needs, desires, problems, or opportunities.<br />
It is untrue that you should be able to sell<br />
everyone sooner or later, which would make<br />
selling much easier. The reality is that not<br />
everyone in the marketplace is a good<br />
prospect for you now, or in the future. They<br />
may be a prospect, but not the best one for<br />
the time, energy, and resources you have<br />
available right now. Timing is critical in successful<br />
selling. Given the tremendous<br />
amount of potential new business in the<br />
world today, you do not want to take the<br />
time, energy, and corporate resources to try<br />
to turn poor prospects into customers or<br />
clients. As an aside, if you are able to sell a<br />
poor prospect for whatever reason, you will<br />
often find they cause you the most stress,<br />
and distress, and are generally not worth it.<br />
Some salespeople believe that to sell<br />
successfully in a particular market or to a<br />
certain prospect, you must take business<br />
that is not profitable, does not fit your<br />
customer mix or long-term objectives. The<br />
key to successful selling is your ability to<br />
always be in front of the most qualified<br />
prospects or clients, not just any prospects<br />
or clients.<br />
11<br />
CLOSING THE SALE IS NOT A MATTER OF<br />
TRICKS, MANIPULATION, FEAR, GUILT, OR<br />
HARD-SELL TACTICS. Closing the sale on a wellqualified<br />
prospect is the natural conclusion<br />
to everything you have done in the sales<br />
process that is correct and effective. You can<br />
make people buy things they don't need,<br />
but you can't make people buy things they<br />
don't want. Poor salespeople try to turn poor<br />
prospects into customers or clients. Good<br />
salespeople identify good prospects early<br />
in the process and help them get what<br />
they want. They accomplish this with good<br />
listening skills, a lot of client or prospect<br />
understanding, and a willingness to be<br />
flexible and compromise.<br />
12<br />
AFTER-SALES SERVICE IS THE GLUE<br />
THAT KEEPS CLIENTS LOYAL, BUYING<br />
MORE, AND WILLING TO GIVE YOU REFERRALS.<br />
The best salespeople work as hard to keep<br />
their clients as they did to get them. They<br />
understand that clients always have new<br />
choices for the services or products they<br />
sell. To keep their clients satisfied, they constantly<br />
conduct client reality checks, checks<br />
of client perceptions and attitudes. Poor<br />
salespeople take the money and run.<br />
One lesson that the best salespeople have<br />
learned is that it is always easier, and less<br />
costly, to do more business with a present<br />
client than it is to find new clients. They<br />
put as much of their time, energy, and<br />
resources into keeping clients and building<br />
client relationships as they do looking for<br />
new clients.<br />
If you want to excel in the sales profession<br />
today and in the years ahead, refocus your<br />
attitudes and approaches, and don’t be<br />
afraid to adapt or change your strategies.<br />
<strong>DBR</strong><br />
Excerpt reprinted with the permission of Tim Connor, CSP, a globally<br />
renowned sales and management speaker and trainer for 36<br />
years, and bestselling author of over 75 books including Soft Sell,<br />
the best-selling sales book in the world, now in 21 languages.<br />
tim@timconnor.com 704-895-1230; www.TimConnor.com;<br />
www.CorporateDisconnect.com<br />
19
The average<br />
individual spends<br />
more time each<br />
day listening than<br />
in speaking,<br />
writing or reading.<br />
IMPROVE YOUR<br />
LISTENING SKILLS<br />
YOU DEVOTE ABOUT 40 TO 45 PERCENT<br />
of your working hours to listening.<br />
However, listening is a skill, and if you have<br />
not taken steps to improve it, you listen<br />
at only 25 percent efficiency. You can<br />
significantly raise the level of your listening<br />
performance with a small amount of<br />
study and practice.<br />
WHAT LISTENING IS<br />
We hear when sound waves strike our<br />
eardrums. When we don't remember what<br />
we have heard, it is probably because we<br />
did not listen. For example, when we are<br />
introduced to a new employee or acquaintance,<br />
we often can't recall the person's<br />
name only a few minutes later. Why?<br />
Because we probably failed to listen to the<br />
name when we were introduced.<br />
After two weeks, most listeners can<br />
remember only 25 percent of what they<br />
heard in a briefing or speech. Therefore,<br />
listening is not effective for receipt and<br />
retention of factual details. For this, we<br />
must depend on the written word.<br />
Research has shown that we can improve<br />
our listening comprehension by about 25<br />
percent. You can acquire the ability to listen<br />
more effectively through discipline and<br />
practice. As a listener, you should physically<br />
and mentally prepare yourself for the<br />
communication. You must be physically<br />
relaxed and mentally alert to receive and<br />
understand the message. Effective listening<br />
requires sustained concentration (regardless<br />
of the length of the message), attention to<br />
the main ideas presented, note-taking (if the<br />
conditions are appropriate), and no emotional<br />
20 Drake Business Review | Volume 2, Number 2 | drakeintl.com
M E D O X
IMPROVE YOUR LISTENING SKILLS<br />
blocks to the message by the listener. You<br />
cannot listen passively and expect to retain<br />
the message. If you want to be an effective<br />
listener, you must give the communicator of<br />
the message sufficient attention, and make<br />
an effort to understand the viewpoint.<br />
GUIDES TO EFFECTIVE LISTENING SKILLS<br />
Realize that listening is hard work<br />
Listening is characterized by faster heart<br />
action, quicker blood circulation, and a small<br />
rise in body temperature. Researchers have<br />
found that the higher we climb on the<br />
organizational ladder, the more difficult<br />
listening becomes. In day-to-day conversations,<br />
show the communicator you are<br />
interested, by looking and acting like you are.<br />
Prepare to listen<br />
To receive the message clearly, the receiver<br />
must have the correct mental attitude.<br />
Recognize your own biases<br />
Learn what your biases are and channel<br />
them properly. You can then keep them from<br />
interfering with the message.<br />
Resist distractions<br />
Good listeners adjust quickly to any kind of<br />
abnormal situation, while poor listeners<br />
can become distracted. Learn from good<br />
listeners.<br />
Keep an open mind<br />
Good listeners don’t feel threatened or<br />
insulted, or need to resist messages that<br />
contradict their beliefs, attitudes, ideas, or<br />
personal values.Try to identify and rationalize<br />
the words or phrases most upsetting to<br />
your emotions.<br />
Find an area of interest<br />
Good listeners are interested and attentive.<br />
They find ways to make the message<br />
relevant to themselves and/or their jobs.<br />
Make your listening efficient by asking<br />
yourself: “What is he or she saying that I<br />
can use? Are there any worthwhile ideas,<br />
workable approaches, or solutions?”<br />
Show some empathy<br />
Showing empathy encourages others to<br />
communicate honestly and openly.Therefore,<br />
try to see the communicator's point of view.<br />
Hold your fire<br />
Be patient. Don't interrupt. Don't become<br />
over-stimulated, too excited, or excited too<br />
soon by what the speaker says. Be sure you<br />
understand what the speaker means —<br />
withhold your evaluation until your<br />
comprehension is complete. Mentally<br />
arguing with a communicator is one of the<br />
principal reasons that so little listening<br />
takes place in some discussions. Don't<br />
argue: If you win, you lose.<br />
Listen critically and delay judgment<br />
Good listeners delay making a judgment<br />
about the communicator’s personality,<br />
the principal points of the message, and<br />
the response. Ask questions and listen<br />
critically to the answers. Then, at the<br />
appropriate time, you can pass judgment<br />
in an enlightened manner.<br />
Exercise your mind<br />
Good listeners develop an appetite for<br />
hearing a variety of difficult presentations<br />
that challenge mental capacities. Try it.<br />
Capitalize on “thought speed”<br />
Most of us think about four times faster<br />
than the communicator speaks. It is almost<br />
impossible to slow down our thinking speed.<br />
What do you do with the excess thinking<br />
time while someone is speaking? The good<br />
listener uses thought speed to advantage by<br />
applying spare thinking time to carefully<br />
consider what is being said. Through<br />
listening training, thought speed can be<br />
converted into your greatest asset.<br />
BARRIERS TO EFFECTIVE LISTENING<br />
Some of the barriers to effective listening are:<br />
Recognizing that a personal risk is<br />
involved. Our thoughts and ideas might<br />
be changed in some way. Any change is<br />
threatening — initially<br />
Listening for only those things that are<br />
relevant to our own goals and objectives<br />
Listening for only those things that serve<br />
to satisfy our own needs<br />
Casting aside those things that don't<br />
conform to our own models of the world<br />
Filtering the thoughts and ideas of the<br />
communicator according to our attitudes,<br />
beliefs, expectations, and relationship to<br />
the communicator of the message.<br />
LIMIT YOUR OWN TALKING<br />
You cannot be an effective listener if you<br />
are too busy talking. Following receipt of<br />
each oral communication, there is time for<br />
a response. As the receiver of the message,<br />
don't monopolize the conversation. Give<br />
the communicator an opportunity to<br />
respond to your comments, and the<br />
chance to have the last word.<br />
CLOSING COMMENTS<br />
Are you a good listener? Do you listen<br />
intently and try to understand what the<br />
communicator means? Do you try to put<br />
your understanding of the message into<br />
your own words and feed back what you<br />
feel the communicator meant, without<br />
adding to or deleting anything from the<br />
message? If so, you will reach a better<br />
understanding with the originator of the<br />
message, and you will have taken a positive<br />
step toward improving your ability to listen<br />
and communicate with others.<br />
<strong>DBR</strong><br />
Reprinted with the permission of www.bizmove.com.<br />
22 Drake Business Review | Volume 2, Number 2 | drakeintl.com
DRAKE INTERNATIONAL<br />
GLOBAL PERFORMANCE<br />
INITIATIVES<br />
DRAKE, AUSTRALIA<br />
The Ultimate Job<br />
Australia Campaign<br />
Drake International has launched The<br />
Ultimate Job Campaign in Australia. The<br />
objective of this exciting 2010 campaign is<br />
to find The Ultimate Job in Melbourne,<br />
Sydney, Brisbane, Perth, and Adelaide.<br />
Does your Capital city have The Ultimate<br />
Job? Does your company have The Ultimate<br />
Job ? Are you The Ultimate Job applicant?<br />
through diverse media channels, including<br />
print, radio and social media.<br />
Voting from the public will take place via<br />
telephone, and text/SMS.<br />
HOW IT WORKS<br />
Businesses in each Capital city who feel they<br />
have the best permanent job can submit<br />
their application to be short listed for The<br />
Ultimate Job by visiting www.theultimatejob.com.au<br />
and following the prompts.<br />
Applicants will be invited, and encouraged,<br />
to apply for the short-listed jobs.<br />
Each The Ultimate Job campaign will be<br />
3 months in duration and commences in<br />
Melbourne July 7, ending on October 5.<br />
Sydney is the next city to launch in<br />
August, with the remaining capital cities<br />
to be launched in September.<br />
A CELEBRITY PANEL<br />
A Celebrity Panel in each city will review all<br />
company applications to shortlist the Top<br />
10 positions to be in the running for The<br />
Ultimate Job.<br />
Entries from the short-listed companies<br />
for The Ultimate Job will be promoted<br />
The public will be encouraged to vote,<br />
either online or via text message, for their<br />
favourite job from the Top 10 short listed<br />
positions. The company with the most<br />
votes at the end of the competition from<br />
the public, and judges, will win The<br />
Ultimate Job title.<br />
GALA NIGHT<br />
The Ultimate Job will be announced at a<br />
Gala Night, in front of the participating<br />
companies and media of the city. All short<br />
listed jobs will be introduced by the celebrity<br />
judges, from the tenth choice to the first<br />
choice. All winning applicants for each job<br />
will also be showcased during the gala.<br />
PROCEEDS FOR CHARITY<br />
Throughout the campaign, all funds<br />
raised (voting donations, a percentage of<br />
the placement fee, and gala night) will go<br />
to Mission Australia, a not for profit company<br />
dedicated to assisting the homeless<br />
and long-term unemployed.<br />
CORPORATE PUBLICITY<br />
The Ultimate Job Australian campaign is<br />
a wonderful and unique opportunity for<br />
all companies who have entered to raise<br />
their profile, and promote their “Employer<br />
of Choice” image. The companies will have<br />
their logos, and a short profile of their job,<br />
supplied to the public and linked back to<br />
their corporate website.<br />
For the lucky short listed companies, the<br />
exposure will be magnified by broadcasting<br />
a five minute video about each The<br />
Ultimate Job.<br />
Whether The Ultimate Job Australia is<br />
about career growth, money, life style,<br />
sports, giving back to the community, or<br />
whatever, be a part of the adventure!<br />
<strong>DBR</strong><br />
For more information on how your company can get involved,<br />
and get promoted, contact Ali Evans at +61 3 9245 0245 or visit<br />
www.theultimatejob.com.au.<br />
23
PI + PI = PI
BE A<br />
GREAT<br />
BOSS!<br />
Immediate supervisors<br />
provide shockingly little<br />
daily guidance, direction,<br />
feedback, and support<br />
to employees.<br />
SINCE 1993, BRUCE TULGAN has studied<br />
the experience of thousands of managers<br />
at all levels in a range of industries<br />
through workplace interviews, focus<br />
groups, polls, questionnaires, and intensive<br />
seminars. His ongoing research has been<br />
the basis of numerous articles, books, and<br />
management-training programs in hundreds<br />
of companies.<br />
His research confirmed that all throughout<br />
today’s workplaces, immediate supervisors<br />
provide shockingly little daily guidance,<br />
direction, feedback, and support to<br />
employees. They do not spend enough<br />
time spelling out expectations, tracking<br />
performance, correcting failure, and<br />
rewarding success. This “undermanagement”<br />
— the opposite of micromanagement<br />
— is so widespread, it’s an epidemic.<br />
WHY IS THAT?<br />
It has always been hard to manage people.<br />
Today, it’s harder than ever, as the<br />
workplace becomes more and more highpressure,<br />
and the workforce becomes more<br />
and more high maintenance. Staff look to<br />
their immediate supervisors to meet their<br />
basic needs and expectations, and freely<br />
make demands of them. And like everybody<br />
else, most managers have more tasks and<br />
responsibilities of their own, along with<br />
more administrative duties.<br />
But some things don’t change. Most<br />
managers still move into positions of<br />
supervisory responsibility because they are<br />
very good at something, but not usually<br />
managing people. Once promoted, most<br />
new managers receive very little effective<br />
management training. What little they<br />
do receive is usually dominated by the<br />
prevailing approach, which Tulgan calls<br />
26<br />
Drake Business Review | Volume 2, Number 2 | drakeintl.com
“false empowerment”, which says:<br />
Managers should not keep close track of<br />
staff and definitely should not zero in on<br />
employee failures; staff should be made to<br />
feel they “own” their work and should be<br />
set free to make their own decisions;<br />
managers are merely facilitators, there to<br />
align the natural talents and desires of staff<br />
with fitting roles in the workplace;<br />
managers should not tell people how to do<br />
their jobs, but rather let staff come up with<br />
their own methods. The idea is to make<br />
staff feel good inside, and results will take<br />
care of themselves.<br />
But real managers don’t operate in fantasyland.<br />
They have to deal with the hard<br />
realities of managing people:<br />
You cannot always hire superstars. You<br />
have to hire the best person available,<br />
and often that person is in the middle<br />
of the talent spectrum, not at the top.<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
When you do hire superstars, they can<br />
be even harder to manage than the<br />
mediocre people.<br />
Staff do not have the power to do<br />
things their own way in the workplace.<br />
They are not free to ignore tasks they<br />
don’t like.<br />
Even if you set clear expectations, staff<br />
don’t always achieve them.<br />
Not everybody is a winner. Dealing<br />
with failure is a big part of managing.<br />
Staff can’t always work in the areas<br />
they enjoy most. A lot of work must be<br />
done, and staff are hired to do what<br />
needs to be done.<br />
Staff don’t always earn praise. Those<br />
who do earn praise usually want tangible<br />
rewards, not just praise.<br />
Somebody is in charge, and staff will<br />
“be held accountable”.<br />
EIGHT STEPS BACK TO BASICS<br />
In today’s high-pressure workplace,<br />
employees need a boss who sets them up<br />
for success every step of the way and who<br />
helps them earn what they need. Practise<br />
the art of real empowerment, through<br />
regular guidance, direction, and support.<br />
1<br />
Get in the habit of<br />
managing every day<br />
Start by setting aside one hour every day for<br />
managing up front before anything goes<br />
right, wrong, or average. You have to make<br />
choices every day. Concentrate on four or<br />
five people a day. Your goal is to make these<br />
one-on-one sessions routine, brief, straight<br />
and simple. All you need is 15 minutes.<br />
2<br />
Learn to talk like<br />
a performance coach<br />
The best way to build rapport with your<br />
employees is by talking about the work.<br />
27
BE A GREAT BOSS<br />
The most effective managers have a way<br />
of talking that is both authoritative and<br />
sympathetic, both demanding and<br />
supportive, both disciplined and patient.<br />
Don’t wait for problems to start coaching.<br />
Tune in to the individual you are coaching.<br />
Focus on specific instances of individual<br />
performance.<br />
Describe the employee’s performance<br />
honestly and vividly.<br />
Develop concrete next steps.<br />
3<br />
Take it one<br />
person at a time<br />
As you talk with each person face to face,<br />
tune in and keep fine-tuning your<br />
approach with each employee by continually<br />
answering five key questions:<br />
Who is this person at work?<br />
Why do I need to manage this person?<br />
What do I need to talk about with them?<br />
How should I talk with this person?<br />
Where and when should we talk?<br />
4<br />
Make accountability<br />
a real process<br />
Employees must trust and believe a fair<br />
and accurate process exists for keeping<br />
track of their actions and tying their<br />
behaviour to real consequences:<br />
Make sure that your employees know<br />
that they will have to explain their<br />
actions to you up close and often.<br />
Focus on concrete actions within the<br />
direct control of the employee.<br />
Be the boss who is known for holding<br />
people accountable.<br />
Raise your standards.<br />
Take charge on day one. Today is always<br />
day one.<br />
Separate your role as the boss from<br />
your personal relationships.<br />
If you have no authority, use influence.<br />
If you don’t have the expertise, act like<br />
a very shrewd client.<br />
5<br />
Tell people what to do<br />
and how to do it<br />
It is a fallacy that rehearsing wrong ways<br />
of doing things is a good way to learn how<br />
to do things right. The best way to engage<br />
employees in adopting best practices is to<br />
convert them into standard operating procedures<br />
and require them to follow those<br />
procedures precisely. Give employees stepby-step<br />
checklists whenever possible.<br />
Follow up, follow up, and follow up some<br />
more. Every step of the way, ask employees:<br />
“Can you do this? Are you sure? What do<br />
you need from me? How are you going to<br />
do that? How are you going to start? What<br />
steps will you follow?”<br />
6<br />
Track performance<br />
every step of the way<br />
What expectations, goals, deadlines,<br />
requirements were spelled out? Exactly<br />
how did each employee’s actions match<br />
up with those clear expectations?<br />
Knowledge is power: The more you keep<br />
track, the easier it will be to keep track. The<br />
greater your reputation for being all over<br />
the details, the more people will be likely to<br />
share information with you and answer<br />
your questions fully and honestly. Monitor,<br />
measure, and document performance —<br />
good, bad, and average — with every<br />
employee, every step of the way.<br />
7<br />
Solve small problems before<br />
they turn into big problems<br />
Without regular daily or weekly management<br />
conversations, the manager has no<br />
natural venue in which to provide the<br />
employee with regular evaluation and<br />
feedback — good, bad, or neutral. In the<br />
course of regular guidance and direction,<br />
addressing one small problem after another<br />
is what ongoing continuous performance<br />
improvement actually looks like.<br />
8<br />
Do more for some people<br />
and less for others<br />
You can’t do everything for everybody. But<br />
why would you ever want to? Give every<br />
person the chance to meet the basic<br />
expectations of their jobs and then the<br />
chance to go above and beyond — and to<br />
be rewarded accordingly. Be generous and<br />
flexible. Expand your repertoire of<br />
rewards, and start using every resource<br />
you have to drive performance. Make special<br />
deals and small accommodations in<br />
exchange for extra performance.<br />
Be the boss who says, “Great news, I’m the<br />
boss! I consider that a sacred responsibility.<br />
I’m going to make sure that everything goes<br />
well around here. I’m going to help you get<br />
a lot of work done very well, all day long. I’m<br />
going to set you up for success every step of<br />
the way. I’m going to spell out expectations<br />
for you every step of the way. I’m going to<br />
help you plan. I’m going to work with you to<br />
clarify goals, guidelines, and specifications.<br />
I’m going to help you break big deadlines<br />
into smaller time frames with concrete<br />
performance benchmarks. I’m going to help<br />
you keep track of what you are doing and<br />
how you are doing it. I’m going to help you<br />
find the shortcuts, avoid the pitfalls, and<br />
follow the best practices. Count on me.<br />
When you need something, I’m going to<br />
help you find it… and earn it.”<br />
<strong>DBR</strong><br />
Bruce Tulgan founded RainmakerThinking, Inc. in 1993. He is a<br />
keynote speaker and seminar leader and the author of numerous<br />
books, including Not Everyone Gets a Trophy (2009), the<br />
best-seller It's Okay to Be the Boss (2007), and the classic<br />
Managing Generation X (1995). His weekly video newsletter is<br />
available for free at www.rainmakerthinking.com.<br />
28 Drake Business Review | Volume 2, Number 2 | drakeintl.com
DRAKE INTERNATIONAL<br />
GLOBAL PERFORMANCE<br />
INITIATIVES<br />
DRAKE, CANADA<br />
DRAKE CANADA PRESENTS 1-DAY<br />
SEMINAR ON BLUE OCEAN STRATEGY<br />
Drake Canada has joined forces with Blue<br />
Ocean Strategy Canada (BOSC) to present<br />
a 1-day seminar in Toronto, Ontario on<br />
Sept. 15, 2010.<br />
WHAT IS BLUE OCEAN STRATEGY?<br />
Competing in overcrowded industries is<br />
no way to sustain high performance. The<br />
real opportunity is to create blue oceans<br />
of uncontested market space.<br />
As companies continue to reinvent themselves<br />
to become more profitable and sustainable,<br />
the topic of Talent Management<br />
has never been so critical to their success.<br />
Blue Ocean Strategy (BOS), pioneered by<br />
INSEAD professors W. Chan Kim and Renée<br />
Mauborgne, was summarized in their<br />
2005 book Blue Ocean Strategy: How to<br />
Create Uncontested Market Space and<br />
Make the Competition Irrelevant (Harvard<br />
Press, 240 pp). The book has been translated<br />
into more than 40 languages and sold more<br />
than 2 million copies—an international<br />
bestseller.<br />
forever searching for competitive advantage,<br />
differentiation, sustained growth, and<br />
above average profitability, typically introduce<br />
products and services into a bloody<br />
“red ocean”—an existing market where<br />
they fight over a shrinking profit pool.<br />
Well known examples of Blue Ocean<br />
thinking are the Cirque de Soleil, Ikea, Wii,<br />
CNN, Yellow Tail Wines, the BlackBerry, the<br />
iPhone, and iPod.<br />
<strong>DBR</strong><br />
For more information please contact Tony Scala, VP Marketing<br />
at 416-216-1153 or by email at tscala@na.drakeintl.com. To register,<br />
please visit www.creatingblueoceans.ca<br />
DRAKE, HONG KONG<br />
DRAKE HONG KONG PLAYS MAJOR SUPPORT<br />
ROLE AT RUGBY SEVENS TOURNAMENT<br />
Recently, Hong Kong hosted the world’s<br />
premier Rugby Sevens Tournament, and<br />
Drake Hong Kong played a major role.<br />
The three day event required consultants on<br />
site from 7 a.m. to 11 p.m. each day. From a<br />
list of six companies, Drake Hong Kong was<br />
selected as the sole provider.<br />
Drake successfully provided 80 temporary<br />
staff to help ensure the event was well<br />
organized, and ran smoothly. In addition,<br />
Drake secured additional staff on a standby<br />
basis for last minute requirements.<br />
Kukri (Asia) Limited was an official sponsor,<br />
and were involved in staffing the Rugby<br />
Sevens Tournament in Hong Kong.<br />
Drake International has a worldwide reputation,<br />
and a fifty-nine year history for<br />
providing the very best temporary workers.<br />
Drake provides its clients with a real<br />
understanding of the skills, knowledge<br />
and behaviours needed to keep productivity<br />
high, and revenue on track. Drake gets you<br />
the best staff for your short-term needs,<br />
quickly and easily.<br />
This year marks 32 years of Sevens Rugby in<br />
Hong Kong. Drake was proud to be a part of<br />
this year’s event, and looks forward to the<br />
opportunity to play a supporting role in<br />
future Sevens Rugby tournaments, and<br />
other events.<br />
The book and the Blue Ocean Strategy<br />
methodology are based on a study of 150<br />
strategic moves spanning more than 100<br />
years and 30 industries. The basic tenet of<br />
Blue Ocean Strategy is that companies,<br />
Thank you for providing us with the staff to operate the Hong Kong Sevens<br />
2010. As a credit to your assistance, we achieved record-breaking sales in<br />
the stadium, which is now the highest record so far!<br />
HENRY TAM, FINANCE MANAGER, KUKRI (ASIA) LIMITED.<br />
29
ADDRESS<br />
JOB PERFORMANCE<br />
WITHOUT HARMING COMMITMENT OR RETENTION<br />
30 Drake Business Review | Volume 2, Number 2 | drakeintl.com
PREPARE IN ADVANCE<br />
Take time to think about what you are<br />
going to say. Prepare for this conversation<br />
as you would any other critical business<br />
meeting or presentation. Realize that the<br />
words you use will have an impact on how<br />
well the employee responds and have an<br />
effect on the targeted improvements.<br />
Do your homework. Investigate and know<br />
the facts of a situation, without relying too<br />
heavily on what employees, other managers,<br />
or customers may have told you.<br />
Make notes on the positive aspects of the<br />
employee’s performance and use specific<br />
examples. This is absolutely critical, as the<br />
degree to which the employee takes your<br />
correction to heart, and their job satisfaction,<br />
will be affected by how effectively you<br />
balance correction with appropriate recognition<br />
of your employee’s good performance.<br />
Hopefully, you have been acknowledging<br />
the employee’s strong points all along<br />
before having a correction discussion.<br />
Make notes about the issue at hand. You<br />
must have facts to support your reason for<br />
the correction and express them in objective<br />
terms. For example, “You are gone too<br />
much” is subjective and vague. A more<br />
accurate way to get the point across is to<br />
say: “I see that you missed five days of<br />
work last month, and that is placing extra<br />
pressures on your co-workers.”<br />
Make notes on what you expect in terms<br />
of improvement, and be prepared to identify<br />
what resources you are willing to offer<br />
to help the employee reach that goal.<br />
HAVING THE TALK<br />
Be confident and know that you are doing<br />
what is best for your company as well as<br />
for your employee. You have the right to<br />
expect your employee to do the right thing<br />
and perform up to established standards.<br />
Choose the right time and the right place<br />
for this discussion.<br />
Include anyone relevant to the discussion,<br />
such as the office manager or human<br />
resources manager. Avoid inviting anyone<br />
who does not need to be there.<br />
Address one issue at a time. Try to avoid a<br />
whole laundry-list of things you want<br />
improved.<br />
Give your employee a chance to respond<br />
and explain, but don’t let the conversation<br />
deteriorate into an argument or start<br />
blaming other employees. Remain openminded.<br />
Your employee could have a valid<br />
point or insight into your operations that you<br />
may be unaware of or haven’t considered.<br />
Acknowledge whenever a shortfall in your<br />
operations has negatively affected their<br />
performance.<br />
Know the facts about the<br />
situation – do your homework.<br />
31
Acknowledge shortfalls in<br />
your organization that have<br />
negatively impacted the<br />
employee’s performance.<br />
Use a calm tone of voice. When you’ve<br />
made your point, stop talking.<br />
Browbeating accomplishes nothing but<br />
demoralizes the employee and damages<br />
the lines of communication.<br />
Be sensitive, yet assertive. Phrase your<br />
comments so that the employee understands<br />
you respect their feelings; however,<br />
you must also ensure your remarks are<br />
taken seriously.<br />
State in a positive manner exactly what<br />
and how you expect the employee to<br />
change. For example, instead of saying<br />
“Don’t be late,” try “It’s important to me,<br />
and to the company, that you always<br />
arrive by 9 a.m.”<br />
Ask what you can do to help. Encourage<br />
the employee to approach you with any<br />
suggestions for assistance or resources<br />
that will address the problem.<br />
Establish a timeline for following up with the<br />
employee. This gives a clear understanding<br />
that you will be checking on their progress.<br />
Be sure that you and the employee understand<br />
each other and what is expected<br />
before you end the meeting. Have the<br />
employee summarize things as they<br />
understand them.<br />
Stress that you want your employee to<br />
feel comfortable talking with you about<br />
any questions or concerns, big or small.<br />
Never speak in a demeaning manner,<br />
issue threats, or incite fear.<br />
Restate your confidence in the employee’s<br />
ability to perform well, if appropriate.<br />
Confirm your willingness to do anything<br />
you can to help them become successful.<br />
Thank your employee for meeting with you.<br />
If they handle the conversation professionally,<br />
compliment them. How employees<br />
accept correction is a sign of their maturity<br />
and professionalism.<br />
AFTER YOUR TALK<br />
Be patient. Most employees need a little<br />
time and space to absorb what you have<br />
said, and to process their emotions.<br />
Document all aspects of the meeting.<br />
Record what was discussed and when;<br />
who was present; any specific changes<br />
in behaviour or performance required;<br />
and timeline for follow-up. Place a copy<br />
of your notes from the meeting in the<br />
employee’s personal file. (Ensure you<br />
follow procedures and guidelines<br />
required in your own HR policies.)<br />
Make sure you keep your end of the<br />
bargain in terms of follow-up. The<br />
entire process of correcting an employee<br />
is for naught if you do not keep your<br />
word. If you fail to follow up, employees<br />
will catch on quickly that you don't<br />
mean what you say.<br />
SUMMARY<br />
Correcting employees is a necessary part<br />
of managing. It gives them the opportunity<br />
to improve their performance and further<br />
develop their skills. The benefits of<br />
correcting an employee far outweigh the<br />
drawbacks and discomfort of ignoring<br />
their problems.<br />
There are serious consequences if you fail<br />
to correct employees or wait too long to<br />
do so. Poor performance, whether demonstrated<br />
in the form of an attitude problem<br />
or lack of results, creates a huge financial<br />
burden for your organization to carry.<br />
32 Drake Business Review | Volume 2, Number 2 | drakeintl.com
8Suggestions to Soothe or<br />
Prevent Uneasy Discussions<br />
Every manager and supervisor must learn<br />
to handle difficult employees effectively<br />
and quickly. Communicate your expectations<br />
clearly and insist that standards be<br />
met on time. Work to help good employees<br />
get out of performance or attitude ruts.<br />
Give them every chance to turn things<br />
around, because it’s costly to replace<br />
employees. If your employee can’t<br />
improve, or won’t, then make a timely and<br />
prudent decision to let the employee go<br />
for the benefit of the organization.<br />
<strong>DBR</strong><br />
Reprinted with the permission of Mark Holmes, consultant,<br />
professional speaker, and author of the best-selling Wooing<br />
Customers Back; The People Keeper; and numerous E-books. He<br />
is President of Consultant Board Inc. 417 883-7434.<br />
www.ManageMyEmployees.com Practical tools for motivating,<br />
retaining and leading employees.<br />
1<br />
2<br />
3<br />
4<br />
5<br />
6<br />
7<br />
8<br />
Speak with your employee regularly, and work on your relationship.<br />
Developing a positive relationship will go a long way toward<br />
making uncomfortable discussions easier.<br />
Address performance issues early rather than allowing problems to<br />
worsen. Bring issues to the attention of the employee and help<br />
them find ways to improve before problems affect an appraisal or<br />
salary review.<br />
Always support your observations—good and bad behaviour—<br />
with plenty of facts and specific examples. Don’t use language that<br />
can trigger negative responses like “You never” or “You always.”<br />
Be future-tense. Focus your discussions 30% on the problem<br />
and 70% on the solution. You will gain more ground with the<br />
employee if you focus your dialogue on how to avoid the<br />
problem in the future.<br />
Regularly emphasize the importance of each employee’s role in the<br />
organization. Link corporate goals with the employee’s performance<br />
to build greater ownership and engagement in results.<br />
Remind the employee of the consequences of not performing well.<br />
Explain how it’s your objective to help them improve and achieve<br />
work objectives, not to punish them. However, do this while being<br />
very firm about the performance standards or results expected.<br />
Encourage any questions or concerns your employee may have.<br />
Convey a sense that you’re in this with them, that their problems<br />
or concerns are also yours. Work on solving any issues you can and<br />
removing any obstacles for them to achieve higher performance.<br />
Ask the employee for their thoughts and ideas about improving<br />
work performance. Then make an action plan together with steps<br />
that each of you will take before the next meeting.<br />
33
DON’T LEAVE YOUR<br />
CORPORATE REPUTATION<br />
TO CHANCE<br />
What would happen to your<br />
business if you had no say in<br />
your company’s reputation? Do<br />
you knowingly and blindly hand<br />
over control of your reputation<br />
to people who have no financial<br />
stake in your company?<br />
Many companies leave customer perceptions<br />
completely to chance. They are so<br />
entrenched in their business and the services<br />
and products they sell that they lose sight of<br />
one of the most important factors of<br />
sustainability — their reputation in the<br />
minds of their customers.<br />
Companies that don’t take an active part in<br />
defining their culture and reputation give<br />
these up to their customers. Unfortunately<br />
for them, unhappy customers are the ones<br />
doing most of the talking.<br />
Many studies support the finding that<br />
happy customers tell four to eight people<br />
about their positive experiences. However,<br />
dissatisfied customers tell up to 20 people<br />
within 24 hours when they are dissatisfied<br />
with the customer experience. With social<br />
media outlets, dissatisfied customers can<br />
spread their message instantly.<br />
Companies can be defined by their dissatisfied<br />
customers before they even realize it is<br />
happening. Is your company enabling these<br />
upset customers to dictate your reputation?<br />
Are you losing potential customers and not<br />
even knowing it? Studies have found that<br />
usually the customers who are leaving you,<br />
leave you quietly and don’t tell anyone in<br />
your organization the reason why.<br />
The goal of your company is to stand out in<br />
the crowd. Set yourself apart from the broad<br />
field of competitors by crafting and implementing<br />
a reputation that will make your<br />
potential customers want to go out of their<br />
way to do business with you.<br />
Define your desired culture. The culture<br />
will be the way you live and breathe within<br />
your organization. It becomes your way of<br />
life. It will be the consistent experience of<br />
the actions, behaviours, and practices that<br />
customers and your staff come to expect<br />
and appreciate when interacting with you.<br />
Leadership must embrace both the culture<br />
and core values. Teams are much more likely<br />
to properly convey the desired message<br />
and actions to customers when they see it<br />
coming from leadership themselves.<br />
In determining your culture, focus on the<br />
characteristics of your business, not the field<br />
of business you are in. To begin the process,<br />
consider words such as progressive, innovative,<br />
educational, effective, efficient, quality<br />
conscious, socially conscious, fun, empowering,<br />
broad-minded, and respectful.<br />
Once the ideal culture and core values are in<br />
place, ingrain them into your teams. Ensure<br />
that everyone in your organization understands<br />
and embraces the culture and the<br />
core values. This process is crucial. If your<br />
team does not understand the image the<br />
company is striving to convey, how can they<br />
properly implement and communicate it to<br />
the customers they are serving?<br />
Clearly define your desired customer<br />
experience. Examine your culture from the<br />
perspective of your customers. Identify the<br />
ideal business interaction between your<br />
customers and you. What does it look<br />
like to them? What feelings are they experiencing?<br />
How is your staff treating them?<br />
Is your staff engaged with the customers?<br />
Are they forming relationships with your<br />
customers? What are your customers saying<br />
about you?<br />
Train your teams. Improve your teams'<br />
customer service skills and ensure consistency<br />
across the board. Don’t focus on<br />
best practices; focus on the next practice.<br />
Best practices are simply an improvement<br />
on what your competition is already<br />
doing; the next practice is to do it differently<br />
in a way that impresses your customer.<br />
People do business with those they know,<br />
like, and trust. This concept has been<br />
around for ages. Customers do not buy<br />
your product or service; they can find that<br />
34<br />
Drake Business Review | Volume 2, Number 2 | drakeintl.com
DISSATISFIED CUSTOMERS TELL UP TO 20 PEOPLE WITHIN 24 HOURS.<br />
from any number of your competitors.<br />
What they are buying from you is the<br />
relationship you are promising them if<br />
they do business with you.<br />
Effective business relationships are forged in<br />
much the same way that effective personal<br />
relationships are sustained — by engaging<br />
and communicating. When companies<br />
engage with their customers, they are<br />
forming mutually beneficial partnerships. By<br />
engaging with and understanding your<br />
customers, you can tailor a solution with<br />
your service or product designed specifically<br />
to solve a problem or need they have.<br />
Understanding your customers and their<br />
needs and wants enables you to deliver<br />
service in a way that your competition can’t<br />
or isn’t willing to deliver. Your customers are<br />
more likely to continue doing business with<br />
you because of the lengths you go to delight<br />
and please them.<br />
Engagement means caring. Customers<br />
often don’t care how much you know until<br />
they know how much you care. Engagement<br />
with the customer demonstrates a genuine<br />
concern to give them what they are looking<br />
for. Customers increase their purchase<br />
amounts and frequency when they understand<br />
that you are providing them with the<br />
material or service you feel best meets their<br />
needs. Discovering the issues behind their<br />
reason for purchasing your products will<br />
help you develop a relationship with the<br />
customer that is truly centred around them.<br />
Customers appreciate the extra time and<br />
attention you spend getting to know them<br />
and their situation, and are more willing<br />
to work with companies that value the<br />
symbiotic relationship.<br />
Customer retention is the direct result of<br />
excellent customer service and customer<br />
satisfaction. Once the culture has become<br />
customer-centric and customers are truly<br />
engaged, the service you deliver to them<br />
becomes valued.The entrepreneurial spirit in<br />
each of your team members begins to<br />
emerge as they make decisions and deliver<br />
enhanced customer service as if they were<br />
the business owner. Customers are viewed<br />
as not only people who do business with you<br />
but also the ones who keep you in business.<br />
Many organizations empower their staff<br />
to use their creativity to delight and retain<br />
customers. Some companies have friendly<br />
competitions to determine the most creative<br />
method an employee used that month to<br />
solve a customer issue or delight a customer.<br />
With guidelines in place, staff have the<br />
authority to act in the best interest of the<br />
customer, and deliver excellent service<br />
that far surpasses anything the competition<br />
has even thought of.<br />
Define as many aspects of the customer<br />
experience as possible. Give your teams clear<br />
expectations about what you want them to<br />
deliver to their customers. Without clear<br />
expectations, everything is left to chance. As<br />
a business, you have the opportunity to<br />
strategically place yourself in the hearts of<br />
your customers by consistently giving them<br />
what they want and building a relationship<br />
with them that your competition isn’t even<br />
thinking about.<br />
Successful business relationships continue<br />
long after the initial product or service has<br />
been purchased. The initial purchase is just<br />
the first step in the relationship. If you have<br />
been successful in building a sustainable<br />
relationship, you have created an indelible<br />
image and feeling in the mind of the<br />
customer that makes them want to return<br />
again and again. Whether it be for information,<br />
education, fact finding, or preparation<br />
for the next purchase, the relationship is<br />
based on much more than the initial product<br />
or service that was purchased.<br />
Customer-centric companies that define<br />
their own reputations are acting as consultants<br />
to their customers and helping them in<br />
any way possible. Their goal is to solve the<br />
problems of their customers before they<br />
themselves are even aware that there is one.<br />
Unless you are the only game in town,<br />
there is no way to retain your customers<br />
without delivering excellent service. Your<br />
organization’s reputation is up to you. Be<br />
proactive and define how you want to be<br />
known, and what your customers should<br />
experience. Doing this will set you apart<br />
from the competition. Keep your focus on<br />
your customers, and they will have no reason<br />
to go anywhere else.<br />
<strong>DBR</strong><br />
Visit www.KristinaEvey.com for more information on the services<br />
and programs that Kristina Evey offers to companies interested<br />
in improving their relationships with their customers.<br />
36<br />
Drake Business Review | Volume 2, Number 2 | drakeintl.com
INTELLECTUAL<br />
APPRECIATE OR YOU WILL DEPRECIATE<br />
CAPITAL<br />
38 Drake Business Review | Volume 2, Number 2 | drakeintl.com
WE ARE REPEATEDLY REMINDED THAT<br />
an organization’s intellectual assets<br />
are its most important source of competitive<br />
advantage. Yet, as most of us have experienced<br />
in our work life and as customers,<br />
many organizations don’t seem to grasp<br />
this fact. Instead of appreciating this critical<br />
asset, in both the intellectual and fiduciary<br />
sense, they squander it. They don’t ask for<br />
employee input, or they ask for input and<br />
never use it. They tell front-line people how<br />
to do their jobs, rather than asking those<br />
closest to the process for their suggestions.<br />
They tie potential innovators’ hands with<br />
red tape and politics.<br />
In such an environment, a wealth of knowledge<br />
and wisdom go untapped, leaving the<br />
organization with a frozen asset it cannot<br />
use to compete in the marketplace. Not only<br />
do many organizations leave great reserves<br />
of intellectual capital dormant, they literally<br />
depreciate this asset by creating an environment<br />
that leads to ’dumbed-down’ thinking.<br />
Before investing in knowledge management<br />
technology, organizations wishing to<br />
compete in the knowledge economy need<br />
to ask themselves: “Have we created an<br />
environment that encourages intelligent,<br />
innovative thinking, and the willingness to<br />
share such thinking with others?”<br />
Without a satisfactory answer to this<br />
question or a strategy, no amount of<br />
state-of-the-art technology will help an<br />
organization compete in today’s economy.<br />
Understanding what psychological and<br />
organizational factors influence the appreciation<br />
and leveraging of intellectual capital<br />
should be the first task of any organization.<br />
Here’s how smart companies appreciate and<br />
leverage their most important asset.<br />
Eleven Characteristics<br />
of Smart Companies<br />
1 They communicate a compelling big<br />
picture. Employees need to know what the<br />
goal is, how the game is played, and how to<br />
contribute. Employee intelligence is<br />
unleashed when they get the big picture<br />
and value it emotionally. Then, and only<br />
then, will employees care enough to spend<br />
time thinking about how to improve products,<br />
services, and processes.<br />
2 They provide the informational “grist”<br />
for the “idea mill”. In addition to communicating<br />
a compelling big picture, smart<br />
companies also provide employees with<br />
the nitty-gritty information they need to<br />
both innovate and make improvements.<br />
3 They give employees control over their<br />
jobs. Lack of control leads to learned<br />
helplessness, according to decades of<br />
research by Dr. Martin Seligman, Director of<br />
the University of Pennsylvania Positive<br />
Psychology Center, and his associates.<br />
Learned helplessness results in people not<br />
even bothering to seek solutions because<br />
they “know” no solution exists. This is not a<br />
fertile breeding ground for innovation or<br />
intelligent problem solving.<br />
Lack of control and the resulting feeling of<br />
helplessness not only prevent people from<br />
attempting to solve problems, it also affects<br />
their ability to think. Research shows that<br />
powerlessness can make smart people<br />
dumb. This is one of the major ways organizations<br />
depreciate their intellectual assets.<br />
Without control over their jobs and the ability<br />
to exercise judgment, employees get<br />
caught in a downward spiral of poorer and<br />
poorer judgment and decision-making skills<br />
leading to a greater sense of helplessness.<br />
Smart companies know that intellectual<br />
capacity works like physical capacity — you<br />
use it or lose it.They give employees plenty of<br />
opportunities to use judgment, make decisions,and<br />
exercise control over their worklife.<br />
By doing this, they appreciate and leverage<br />
the “thought power” of their workforce.<br />
4 They provide an environment that<br />
fosters trust. Intellectual capital appreciates<br />
most rapidly if shared. It also can be<br />
leveraged only when it is shared.<br />
In organizations with low trust, employees<br />
get a clear message that they are expendable.<br />
Nobody is about to give up their<br />
bargaining chips — the special knowledge<br />
and know-how that might help them<br />
keep their job.<br />
Thus, in a fear-based environment, huge<br />
stores of critical knowledge lie dormant,<br />
only used occasionally by the sole owner of<br />
that knowledge. And where does this<br />
important knowledge base go when its sole<br />
owner leaves the organization? To the competition.<br />
This is one of the major problems<br />
of downsizing. It often leads to ‘dumbsizing’.<br />
5 They reward managers for coaching,<br />
not for having all the answers. Smart companies<br />
understand that thinking outside<br />
the box requires emotional safety and the<br />
freedom to do so.<br />
Overtly or covertly punishing employees for<br />
thinking on their own or rewarding them for<br />
running to the boss for answers dumbs down<br />
employees, according to Harvard University’s<br />
Dr. Ellen Langer. Her research revealed that<br />
employees were most likely to generate<br />
useful solutions when working for a boss<br />
who had a positive expectation that employ-<br />
39
ees would find a solution and who didn’t<br />
need to have the right answer all the time.<br />
“Know-it-all” bosses tended to cultivate<br />
“know nothing” subordinates. When<br />
managers feel comfortable not knowing all<br />
the answers and can coach employees to<br />
generate their own solutions, intellectual<br />
capital appreciates. To reinforce such<br />
knowledge-generating behaviours by<br />
supervisors, smart companies include these<br />
behaviours in their managers’ performance<br />
goals and compensation structure.<br />
6 They make capturing and sharing<br />
knowledge fun. The Forum Corporation, a<br />
global leader in workplace learning,<br />
demonstrates the profitability of this practice.<br />
Since its competitive advantage clearly<br />
depends on the combined intelligence and<br />
knowledge of its consultants, its success<br />
depends on its ability to cultivate, capture,<br />
and disseminate knowledge throughout<br />
the organization. Forum has learned to do<br />
this in part through making the process<br />
fun. For instance, its World Cup Soccer contest<br />
of best practice ideas for all of its consultants<br />
worldwide yielded over 500 quality<br />
contributions to the knowledge base.<br />
7 They reward knowledge sharing and<br />
knowledge using.The old adage “what gets<br />
rewarded gets repeated” holds true for<br />
knowledge sharing. This is critical for<br />
organizations with a low-trust, knowledgehoarding<br />
culture. Smart companies build in<br />
explicit rewards for both the quality and<br />
quantity of information sharing and for<br />
using shared information.<br />
One company created a fun way of rewarding<br />
employee use of shared knowledge by<br />
instituting an award called The Thief of the<br />
Month, given to the employee who demonstrated<br />
the best use of someone else’s idea.<br />
8 They communicate and celebrate the 11 They know how to create a positive<br />
joy of knowledge sharing. Smart companies<br />
constantly tell success stories of how<br />
employees shared knowledge that benefited<br />
others and were rewarded for doing so.<br />
They also communicate examples of how<br />
employees used knowledge captured by<br />
their colleagues to do a better job or to<br />
make their job easier.<br />
emotional climate. Smart companies<br />
understand intuitively what psychological<br />
research clearly demonstrates — emotions<br />
and intellect are inextricably interwoven.<br />
Emotions focus attention, shape thought,<br />
and influence cognitive functioning.<br />
Employees who feel inspired, proud, and<br />
valued, think about how to make their<br />
9 They focus on people, not on technology.<br />
organization better, notice opportunities to<br />
do so, and have full use of their intellectual<br />
With the amazing technological offerings<br />
available, such as Internet-based groupware,<br />
project websites, web-based and<br />
powers. Employees who feel afraid,resentful,<br />
and depressed, do not, and they lost much<br />
of their intellectual capacity.<br />
video conferencing, it’s easy to get caught<br />
up in the “gee whiz” aspect of knowledge<br />
management. However, a simple collaborative<br />
technology like email can be a powerful<br />
knowledge-sharing vehicle.<br />
Smart companies understand this relationship<br />
between thought and emotion and<br />
the effect positive emotion has on cognitive<br />
functioning. Research shows that when<br />
people feel intellectually challenged but<br />
This was critical in Forum’s success.When it<br />
first implemented its knowledge-sharing<br />
process, it focused on behaviour and<br />
culture, using low-tech solutions. Once the<br />
process and behaviour were embedded, it<br />
moved to more powerful, sophisticated<br />
solutions. By eliminating a steep software<br />
learning curve for employees to struggle<br />
with, it also eliminated a potential hurdle<br />
emotionally safe, they are far more creative<br />
and innovative. They also have greater<br />
access to their rational, analytical capabilities,<br />
which are lost when one is downshifted<br />
due to emotional pain. Addressing employee<br />
emotions isn’t a “warm, fuzzy” thing to do<br />
only if one has the time, but rather an<br />
absolutely critical component to a serious<br />
Intellectual asset–appreciation program.<br />
to employee buy-in. Once employees felt<br />
comfortable with the process of knowledge<br />
sharing and experienced its benefits, Forum<br />
transitioned into more sophisticated corporate<br />
technology.<br />
CONCLUSION<br />
Successfully competing in the knowledge<br />
economy requires understanding what<br />
factors influence intellectual functioning<br />
10 They build in reflection and capture<br />
and what organizational practices cultivate<br />
intellectual capital. When we look at both<br />
time. The ability to reflect on and codify<br />
experience is central to knowledge creation.<br />
Without reflection, we don’t learn from<br />
experience or generate new models and<br />
strategies. Smart companies realize that<br />
the scientific research on intellectual<br />
functioning and the practices of smart<br />
companies, we see common themes in how<br />
they appreciate and leverage this critical<br />
source of competitive advantage.<br />
expecting staff to rush from project to<br />
project, and rewarding this activity, are <strong>DBR</strong><br />
counterproductive in a knowledge economy.<br />
An excerpt reprinted with the permission of author David Lee,<br />
Principal of HumanNature@Work, an internationally recognized<br />
authority on organizational and managerial practices that optimize<br />
employee performance. www.Humannatureatwork.com<br />
40 Drake Business Review | Volume 2, Number 2 | drakeintl.com
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COMMON<br />
MYTHS<br />
ABOUT EMPLOYEE MOTIVATION<br />
Motivating employees is<br />
extremely important to<br />
managers and supervisors,<br />
but despite its importance,<br />
several myths persist.<br />
MYTH 1: I can motivate people<br />
Not really. They have to motivate themselves.<br />
You can’t motivate people any more<br />
than you can empower them. Employees<br />
have to motivate and empower themselves.<br />
However, you can set up an environment in<br />
which they can best motivate and empower<br />
themselves. The key is knowing how to set<br />
up the environment for each of your<br />
employees.<br />
MYTH 4: I know what motivates me, so I<br />
know what motivates my employees<br />
Different people are motivated by different<br />
things. You may be motivated by earning<br />
time away from your job to spend with<br />
family. You may be motivated by recognition<br />
of a job well done. People are not motivated<br />
by the same things. Again, a key goal is<br />
to understand what motivates each of your<br />
employees.<br />
MYTH 2: Money is a good motivator<br />
Certain things like money, a nice office, and<br />
job security can help people from becoming<br />
less motivated, but they usually don’t help<br />
people to become more motivated. A key<br />
goal is to understand the motivations of<br />
each of your employees.<br />
MYTH 5: Increased job satisfaction means<br />
increased job performance<br />
Research shows this isn’t necessarily true. If<br />
the goals of the organization are not<br />
aligned with the goals of employees, then<br />
employees aren’t effectively working<br />
toward the mission of the organization.<br />
MYTH 3: Fear is a good motivator<br />
Fear is a great motivator — for a very short<br />
time. A lot of yelling from the boss certainly<br />
won’t "light a fire under employees" for an<br />
extended period.<br />
MYTH 6: I can’t comprehend employee<br />
motivation — it’s a science<br />
Not true. Some very basic steps you can take<br />
will go a long way toward supporting your<br />
employees to motivate themselves to<br />
increased performance in their jobs.<br />
42<br />
Drake Business Review | Volume 2, Number 2 | drakeintl.com
MYTH 3:<br />
FEAR IS A<br />
GOOD<br />
MOTIVATOR<br />
BASIC PRINCIPLES<br />
TO REMEMBER<br />
Motivating employees starts<br />
with motivating yourself<br />
Enthusiasm is contagious. If you’re enthusiastic<br />
about your job, it’s much easier for<br />
others to be as well. And if you’re succeeding<br />
in taking care of yourself and your own job,<br />
you’ll have a much clearer perspective on<br />
how others are doing in theirs.<br />
A great place to start learning about<br />
motivation is to start understanding your<br />
own motivations. Is it time with family? Is it<br />
recognition for a job well done or learning<br />
opportunities? How is your job configured<br />
to support your own motivations? What can<br />
you do to better motivate yourself?<br />
Always work to align goals of the<br />
organization with goals of employees<br />
Employees can be all fired up about their<br />
work and working very hard. However, if the<br />
results of their work don’t contribute to the<br />
goals of the organization, then the organization<br />
is not any better off than if the<br />
employees were sitting on their hands.<br />
Therefore, it’s critical that managers and<br />
supervisors know what they want from<br />
their employees.<br />
What is required from employees should<br />
be worded in terms of goals for the organization.<br />
Identifying the goals for the<br />
organization is usually done during strategic<br />
planning. Ensure that employees have<br />
strong input into identifying their goals,<br />
and that these goals are aligned with the<br />
goals of the organization.<br />
Key to supporting the motivation of<br />
your employees is understanding what<br />
motivates each of them<br />
Each person is motivated by different<br />
things. Whatever steps you take to support<br />
the motivation of your employees should<br />
first include finding out what it is that really<br />
motivates each of them. You can find this<br />
out by asking them, listening to them, and<br />
observing them.<br />
Recognize that supporting employee<br />
motivation is a process, not a task<br />
Organizations change all the time, as do<br />
people. Indeed, it is an ongoing process to<br />
sustain an environment in which employees<br />
can strongly motivate themselves. If you<br />
look at sustaining employee motivation as<br />
an ongoing process, then you’ll be much<br />
more fulfilled and motivated yourself.<br />
Support employee motivation by<br />
using organizational systems<br />
Use reliable and comprehensive systems in<br />
the workplace to help motivate employees.<br />
For example, establish compensation<br />
systems, employee performance systems,<br />
and organizational policies and procedures<br />
to support employee motivation.<br />
Establishing systems and structures helps<br />
ensure clear understanding and equitable<br />
treatment of employees.<br />
43
COMMON MYTHS ABOUT EMPLOYEE MOTIVATION<br />
STEPS YOU CAN TAKE<br />
These specific steps can help you go a long<br />
way toward motivating employees:<br />
What motivational factors sustain you,<br />
and what can you do to sustain them.<br />
This little bit of motivation planning can give<br />
a strong perspective on how to think about<br />
supporting the motivations of employees.<br />
Make a list of three to five things that<br />
motivate each of your employees.<br />
Fill out the list yourself for each of your<br />
employees, and then them fill out the list for<br />
themselves. Compare your answers to theirs.<br />
Then meet with each of them to discuss<br />
what they think are their most important<br />
motivational factors. Last, take some time<br />
alone to write down how you will modify<br />
your approaches with each employee to<br />
ensure their motivational factors are being<br />
met. Learn to become more comfortable<br />
with them. The place to start is to recognize<br />
their importance.<br />
Ensure your reward system takes each<br />
employee into consideration.<br />
For example, their jobs might be redesigned<br />
to be more fulfilling. You might find more<br />
opportunities to provide recognition, if that<br />
is important to them. Or you might develop<br />
a personnel policy that rewards employees<br />
with more family time.<br />
Have one-on-one meetings<br />
with each employee.<br />
Employees are motivated more by your care<br />
and concern for them than by your attention<br />
to them. Get to know your employees, their<br />
families, their favourite foods, names of<br />
their children, and so on. This can sound<br />
manipulative, and it will be if not done sincerely.<br />
However, even if you want to get to<br />
know each of your employees, it may not<br />
happen unless you intentionally set aside<br />
time to be with each of them.<br />
Cultivate strong delegation skills.<br />
Delegation includes conveying responsibility<br />
and authority to your employees so they<br />
can carry out certain tasks. It allows<br />
employees to take a stronger role in their<br />
jobs, which usually means more fulfillment<br />
and motivation.<br />
Reward it when you see it.<br />
A critical lesson for new managers and<br />
supervisors is to learn to focus on employee<br />
behaviours, not on employee personalities.<br />
Performance in the workplace should be<br />
based on behaviours toward goals, not on<br />
popularity of employees.<br />
Reward it soon after you see it.<br />
This helps to reinforce the notion that you<br />
highly prefer the behaviours that you’re currently<br />
seeing from your employees.<br />
Generally, the shorter the time between an<br />
employee’s action and your reward for the<br />
action, the clearer it is to the employee that<br />
you highly prefer that action<br />
Implement at least the basic principles<br />
of performance management.<br />
Good performance management includes<br />
identifying goals, measures to indicate if<br />
the goals are being met or not, ongoing<br />
attention and feedback, and corrective<br />
actions, when necessary, to redirect activities<br />
back toward achieving the goals.<br />
Establish goals that are SMARTER.<br />
SMARTER goals are: specific, measurable,<br />
acceptable, realistic, timely, extending of<br />
capabilities,and rewarding to those involved.<br />
Clearly convey how employee results<br />
contribute to organizational results.<br />
Employees often feel strong fulfillment from<br />
realizing that they’re actually making a<br />
difference. This realization often requires<br />
clear communication about organizational<br />
goals, employee progress toward those<br />
goals, and celebration when goals are met.<br />
Celebrate achievements.<br />
This critical step is often forgotten.<br />
Experienced managers come to understand<br />
that acknowledging and celebrating a<br />
solution to a problem can be every bit as<br />
important as the solution itself. Without<br />
ongoing acknowledgment of success,<br />
employees become frustrated, skeptical,<br />
and even cynical about efforts in the<br />
organization.<br />
Let employees hear from their customers.<br />
Let employees hear customers proclaim the<br />
benefits of the efforts of the employee. For<br />
example, if the employee is working to keep<br />
internal computer systems running for other<br />
employees in the organization, have these<br />
“internal customers” express their gratitude<br />
to the employee.<br />
Admit to yourself if you don’t like<br />
an employee.<br />
Managers and supervisors are people. It’s<br />
usual to not like someone who works for<br />
you. In this case, admit this to yourself.<br />
Explore what it is you don’t like, to come to a<br />
clearer perception of how you can accomplish<br />
a positive working relationship with<br />
the employee. It often helps just to talk out<br />
loud about how you feel and get someone<br />
else’s opinion about the situation.<br />
If you continue to focus on employee<br />
behaviours and performance, and not<br />
personalities, you’ll go a long way toward<br />
ensuring that your treatment of employees<br />
remains fair and equitable.<br />
<strong>DBR</strong><br />
Reprinted with the permission of Carter McNamara.<br />
www.authenticityconsulting.com<br />
44 Drake Business Review | Volume 2, Number 2 | drakeintl.com
1 In 3 Workforces<br />
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– Owners of Drake P3<br />
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Splash Consulting Group<br />
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46 Drake Business Review | Volume 2, Number 2 | drakeintl.com