Thursday, August 28, 2008

Is It An Asset Or Just Making You An Ass?

What’s not an asset in your business?

1. Your systems (if they’re only in your head)

2. Your written systems (if they’re rigid, inflexible, un-personalised and can’t be changed with influence from your team and customers)

3. Your number one customer (if your business is too dependant upon having their custom)

4. The customer you’re dealing with right now (if you don’t have a service plan in place to nurture the relationship into the future)

5. Your best salesperson / employee (if they believe that they’re indispensable, worst still if you believe they are)

6. Your longest standing employee (if they can’t embrace change)

What could be a hidden asset?

1. Your customer complaints (they should scream to you: fix or implement a system here)

2. Your outgoing emails (many could serve as a blog post, an answer to a frequently answered question and a reason never to have to type that same email answering that same question ever again)

3. Your current customer when you only have a few (One delighted customer (if you do it right) can talk about you ten times more than 10 moderately satisfied ones)

4. Your suppliers (if there’s a hidden customer hiding there)

5. That plucky (translation: sometimes annoying) employee who just won’t shut up with all their great ideas (find a way to channel their creativity so that you don’t get frustrated, and so that you can farm any brilliance that may occur)

6. That employee you know has dreams and desires of leaving you and starting their own company (figure out a way to encourage, challenge and inspire them, utilising the best they have to offer while they’re with you – who knows you might also end up with a dedication in their book once they’ve gone on to further greatness)

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By Kirsty Dunphey with No comments


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