Waikato Business News July/August 2021
Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.
Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.
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62 WAIKATO BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2021</strong><br />
Would you work for you?<br />
PEOPLE AND CULTURE<br />
Would you work for you? This is an<br />
interesting question and certainly one to<br />
reflect on if you are employing staff.<br />
> BY SENGA ALLEN<br />
Managing Director, Everest – All about people TM<br />
www.everestpeople.co.nz<br />
In today’s tight labour market,<br />
none of us can afford<br />
to lose great people. How<br />
often do you as a business<br />
owner take time out to think<br />
about your staff and actively<br />
ask questions about what<br />
it is like to work for your<br />
company? You might get an<br />
inkling when an employee<br />
hands in their resignation, but<br />
of course this is far too late!<br />
As business owners we regularly<br />
review our sales operations.<br />
We also know all about<br />
the importance of cashflow.<br />
However, the people component<br />
of business is equally as<br />
important as the operational<br />
and financial streams. How<br />
much more effort do you<br />
think your employees would<br />
contribute if you understood<br />
what made them tick?<br />
Research has shown that<br />
up to 30 percent of bottom<br />
line performance can be<br />
attributed to how well leaders<br />
in a business manage and<br />
motivate their people, and the<br />
direct line manager has the<br />
most impact on an employee’s<br />
sense of job satisfaction.<br />
A recent client was losing<br />
staff faster than they could<br />
recruit replacements and<br />
automatically assumed it was<br />
about money.<br />
As it turns out, this<br />
couldn’t have been further<br />
from the truth. It was in fact<br />
the team leader who was<br />
having the greatest effect on<br />
staff turnover. People found<br />
him impossible to work for<br />
and generally left within six<br />
months of starting. Some<br />
employees intrinsically work<br />
harder and more productively<br />
than others, but the higher<br />
their work ethic the quicker<br />
they leave under poor leadership.<br />
As a business leader<br />
you need to understand how<br />
you and your managers are<br />
doing in terms of motivating<br />
the best performance possible<br />
from all employees.<br />
There are of course several<br />
ways you can get inside the<br />
heads of your staff. The most<br />
obvious is that old favourite<br />
- the performance review.<br />
Done well, this type of process<br />
provides employee and<br />
manager with an excellent<br />
mutual opportunity to openly<br />
discuss how things are going<br />
and what can be improved<br />
on from both sides. However<br />
due to bad planning, poorly<br />
designed systems and inadequately<br />
trained managers<br />
who don’t give feedback at<br />
any other time, most bosses<br />
and staff dread the thought<br />
of the annual review. Generally,<br />
staff come away feeling<br />
dissatisfied. They seldom<br />
speak up about what’s really<br />
bugging them or more importantly<br />
what could increase<br />
their productivity at work.<br />
One on one interviews<br />
and, less frequently, focus<br />
groups are also used. These<br />
forums certainly have their<br />
benefits but where there is a<br />
possibility of being picked<br />
out for individual comments,<br />
staff will tend to hold back<br />
Research has<br />
shown that up to 30<br />
percent of bottom<br />
line performance<br />
can be attributed to<br />
how well leaders in<br />
a business manage<br />
and motivate their<br />
people, and the<br />
direct line manager<br />
has the most impact<br />
on an employee’s<br />
sense of job<br />
satisfaction.<br />
from saying what they think.<br />
We’ve all worked for a boss<br />
who analysed “who said<br />
what” rather than the message<br />
being given and therefore<br />
missed the point altogether.<br />
One of the most effective<br />
communication tools is a<br />
“climate survey” to find out<br />
how staff view the key elements<br />
that drive success in<br />
your business. Carried out<br />
by an independent third party<br />
this is an anonymous process<br />
that allows staff to feel<br />
safe in voicing their opinion.<br />
As long as the results of the<br />
survey lead to immediate and<br />
visible implementation then<br />
staff gain confidence in their<br />
ability to make a difference,<br />
motivation increases, and<br />
culture improves to the point<br />
that constructive communication<br />
with your staff becomes<br />
a daily habit.<br />
At the end of the day, no<br />
matter what tool you use, the<br />
important thing is to sit back<br />
and take stock every now and<br />
again. It might sound very<br />
basic, but really talk with<br />
your staff or if you feel a<br />
little anxious about this get<br />
an independent HR specialist<br />
to come in and interview<br />
your people. Staff are often<br />
bursting with solutions in<br />
businesses that simply don’t<br />
have communication channels<br />
to allow these ideas to be<br />
voiced.<br />
When someone does<br />
resign, seize the opportunity<br />
to find out what the person<br />
liked about working for you,<br />
what they didn’t like and<br />
what could be improved for<br />
people who remain. Disciplinary<br />
related terminations<br />
aside, never close the door<br />
on a departing employee.<br />
You never know when they<br />
might want to return to your<br />
door with more skills and<br />
experience that could benefit<br />
your business.<br />
Stepping out of<br />
your comfort zone<br />
TELLING YOUR STORY<br />
> BY VICKI JONES<br />
Vicki Jones is director of Dugmore Jones, Hamilton-based brand<br />
management consultancy. Email vicki@dugmorejones.co.nz<br />
How often do you look around at other businesses and how they<br />
promote themselves and think “I wish we were brave enough to<br />
do that”, or feel like you’re stuck in a marketing rut?<br />
Doing what you always<br />
do gets you what<br />
you’ve always got,<br />
they say. That’s not always<br />
a bad thing. If it’s working,<br />
why change it? Congratulate<br />
yourself instead. If you’ve<br />
got your targeting just right<br />
and you understand your<br />
audiences and what works for<br />
them – good job.<br />
If you’re telling them what<br />
they need to hear about your<br />
product or service and also<br />
giving them a clear vision<br />
of what your business and<br />
brand is all about, even better.<br />
You’re nailing it.<br />
But we really shouldn’t<br />
pat ourselves on the back too<br />
freely, not without taking the<br />
time to make sure our message<br />
isn’t getting stale. Or that<br />
the way we present our brand<br />
isn’t stuck in a long-gone era.<br />
Doing things differently<br />
can be a challenge. Change<br />
is hard. For someone who<br />
happily packed up their life<br />
to move to the other side of<br />
the world and then, more<br />
recently, quit a stable job to<br />
go it alone, you wouldn’t<br />
think I’d describe myself as<br />
overly cautious about doing<br />
something differently. But I<br />
am. I’m a consummate overthinker,<br />
frequently guiding<br />
myself down the safer path for<br />
fear of getting lost.<br />
If you do switch to a different<br />
lane, make sure you have<br />
a good reason. Being bored or<br />
personally wanting to change<br />
things up isn’t a good enough<br />
reason. Overtaking the competition<br />
is a fair enough<br />
objective, as is getting to<br />
your destination quicker, but<br />
make sure you’re still driving<br />
safely.<br />
The new New Zealand<br />
Post branding is an intriguing<br />
example. I was on their marketing<br />
communications team<br />
during the early stages of the<br />
last update. There was a lot of<br />
brand strategy work around<br />
product brands, but the main<br />
logo was also reviewed. At<br />
the time, it got a simple design<br />
update to make the icon and<br />
typography more contemporary,<br />
which was a fair call as it<br />
was clunky and dated. But the<br />
envelope icon was sacrosanct<br />
back in 2000 because, despite<br />
the knowledge that the business<br />
was rapidly changing, it<br />
symbolised the heart of the<br />
NZ Post, and customers told<br />
us so in no uncertain terms.<br />
But now, reflecting a major<br />
shift in focus, the envelope is<br />
gone, replaced with a symbol<br />
that represents a road for<br />
delivery, rather than a letter.<br />
(Personally, it makes me think<br />
of an S-bend but, hey, I get<br />
where they’re going.) They<br />
even front-foot it in their<br />
advertising, with a kid asking<br />
the delivery guy where the<br />
envelope’s gone, handing him<br />
the opportunity to tell us all<br />
that they’re about more than<br />
just letters nowadays.<br />
It’s interesting that the<br />
name still contains ‘Post’, but<br />
that change would be one step<br />
too far outside the comfort<br />
zone for the organisation, I’m<br />
sure, and too big a change for<br />
customers. For brands that are<br />
part of the fabric of our community<br />
like them, history and<br />
nostalgia are often stronger<br />
binds than any functional references<br />
can ever be.<br />
Understanding your customers’<br />
comfort zone is<br />
equally as important as being<br />
authentic about your own<br />
parameters. For example,<br />
how about if your business<br />
is targeting a more mature<br />
and conservative audience.<br />
You may choose to update an<br />
old-fashioned looking brand<br />
identity to bring you more up<br />
to date but if the design and<br />
marketing you use to tell your<br />
story goes too far in its trendy<br />
modernity, you risk some<br />
alienation.<br />
It would take a brave<br />
retirement home to decorate<br />
its foyer with a graffiti wall<br />
or to start using language in<br />
its ads that you’d need Urban<br />
Dictionary to translate. But<br />
stepping outside of the messages<br />
of safety, care and wellbeing<br />
has seen this particular<br />
sector create a new comfort<br />
zone for its marketing.<br />
They now focus on championing<br />
the young-at-heart,<br />
community and fun, with<br />
Ryman being one of few<br />
in the category to take an<br />
edgy and more sophisticated<br />
approach to their advertising<br />
storytelling. I don’t know if<br />
this reflects the brand experience<br />
– I’m not ready to<br />
investigate retirement living<br />
options quite yet! – but it certainly<br />
makes them stand out<br />
from the crowd.<br />
Just like with most marketing<br />
decisions, authenticity<br />
to your brand and building<br />
connection with your target<br />
audiences are the main drivers<br />
of any move outside your<br />
comfort zone. Consider how<br />
far you can push things, how<br />
brave you can be, how deep<br />
the risks you can take.<br />
Consider consequences,<br />
but also consider pushing<br />
your boundaries. Doing something<br />
you’ve never done, may<br />
get you something you’ve<br />
never got before.