Wednesday, April 29, 2009

Mission Control: Putting Our Purpose Above Our Goals

Mission Control: Putting Our Purpose Above Our Goals

by Marshall Goldsmith

At the surface level, 'purpose' and 'goal' seem to be very similar. In fact, my thesaurus tells me they're synonyms. It might appear that we can use them interchangeably. But in parsing the definitions of these words, we discover they're as different as night and day.

Goals are the specific objectives we strive to achieve, usually within well-defined parameters of space, time and resources. On the other hand, purpose is abstract. It's the 'why' behind any thought or deed. Purpose is not about achieving an objective it is more of a way of life. Purpose is enduring, whereas goals can be created, adjusted and discarded as needed.

Going beyond mere semantics, you can see the variation between purpose and goals in what you do at work. Goals can be the targets you set regarding the recruitment, retention, development and progression of your organization's workforce.

In contrast, purpose should be what the goals serve. You establish those targets to achieve a greater overarching aim, one that benefits the business and its shareholders.

For instance, you wouldn't bring in 1,000 employees just for the purpose of making your workforce larger, would you? Of course not. (At least I hope not.)

On the other hand, you might set a goal of bringing in these employees to prepare your organization to support its purpose and to ensure the success of an exciting new growth opportunity.

We often get lost and confuse our goals with our purpose, both with our companies and our families. I will never forget teaching a leadership development session in a Fortune 500 company that not only involved executives - it involved the spouses or partners of the executives. As part of the session, executives received feedback from their partners.

Many executives learned that their partners felt ignored or put in 'second place' compared with work. When the executives were asked, 'Why are you working so hard?' they invariably said, 'Because I want my family to have a great life.' Their partners almost always replied, 'We have more money than we will ever spend. We would just like to see you more!'

Many executives had clearly let their goal (make a lot of money) become more important than their purpose (create a great life for themselves and their families).

I bring this up because the distinction between a goal and a purpose sometimes can be lost on talent management professionals - we can get so absorbed in our own limited objectives, thinking that these are our raison d'etre.

A good friend of mine left consulting to become the executive vice president of HR for a huge corporation. He reviewed a study of the company's employee benefits and found some benefits were costing the company millions of dollars and delivering very little that the employees actually valued.

When he suggested cutting the benefits to save the company money, he was told he was 'confused' by his HR staff members. They noted that cutting these benefits would mean a smaller budget for the HR department and less power for them. They had become so interested in 'building their empires,' they had forgotten about making a return on investment for their stockholders.

The idea that the purpose of the organization should come before the goals of any one part of the business seems to be simple enough. Yet why do many of the leaders in talent management (and to be fair, in other areas of business, as well) so often fail to get it?

The answer is rather simple: When a goal is designated, it tends to become a fixation for highly motivated people. Add to that the pressures that come with tight deadlines, struggles for finite resources and organizational turf battles, and it's not hard to see how our own goals can absorb any of us.

The solution to this problem is equally simple, although it isn't necessarily easy. It requires honest, perhaps even painful, introspection and reflection. Conduct a thorough analysis of your goals. Ask yourself, 'What goals are consuming my time and energy?' and 'What goals are consuming the company's resources?' Rank your goals in terms of cost. Then look at the true purpose of your organization. Rank your goals in terms of 'contribution to the purpose.'

If we are honest in our assessments, most of us will find some clear discrepancies between 'cost of goal achievement' and 'contribution to our purpose.'

When this happens, we can step back, take a breath and realign our goals, successfully completing our 'to do' list with our purpose - successfully doing what really matters. - 20490

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Tuesday, April 28, 2009

Turning Prospects into Customers and Business Builders

For people who are new to the process.

1. Become a professional inviter to conference calls.

Interview:

Marketing definition: Marketing is the communication of benefits based on your prospects needs and wants.(Not Yours!) This will require you to ask the prospect about themselves and listen. Determine what is important to your prospect. Determine what amount of money would make the difference in that area, let's say $1000.00 per month.





Ask: I'll tell you what, if I could show you a way that would allow you to make around $1200.00 (State a number that is in the neighborhood but not exactly the number they give you) would you be interested?

If yes tell them to be available 5 minutes before the conference call so you can 3 way them in.

If your inviting people to conference calls it is a good idea to have three way calling.

After the conference call, when you follow up, ask if there were any additional questions that they may have.

Common questions:

Q. Who?

A. Gary Danko, 7 figure earner in home business. Trained many successful people that have reached their financial and lifestyle goals.

Q. What is it?

A. Never buy leads course. Generate more leads than you can call without spending a dime. Learn how to use Myspace, face book twitter and direct matches to make money. Get the training that you need to have succes in any business. Subjects include: networking, communication and leadership.

Q. Why?

A. If your looking for a home business. if you have a home business and your not getting the results you need, if you have had some success and you would like to see more business builder in your group(send your group to global leadership university and let them get the training they need and generate a significant income in the process.) This is where you bring them back to the information that your prospect supplied for you in the interview process. Example: Well you told me that you want to make X amount that would help you accomplish what you told was your "why".

Q. when/How?

A. When the Who? What? Why? is answered, this is where you will want to assume a successful result. Now that we have covered all that for you let's get stared. Would you like to use a Visa or a Master Card? AND STOP TALKING! (close ended either/or question otherwise known as a closing question) When they indicate what card they would like to use all you have to do is take the information and type in their order online through your affiliate link.

Once you have a prospect enrolled instruct them to read and apply the steps in training module 1 and 2. Help them formulate their basic list and let them read the steps outlined in this article.

http://www.virtualprofitacademy.com/members/strat326

How can Digital OOH Advertising Benefit a Retailer?

How can Digital OOH Advertising Benefit a Retailer?

by A Nutt

With the amazing advancements in technology, businesses are now taking advantage of digital methods of advertising. This has lead to an increase in digital out-of-home (OOH) advertising. A 2007- 2008 Digital Out-of-Home Media Awareness and Attitude Study revealed that 63% of people surveyed reported that place-based digital advertising catches their attention more than any other media, including advertising on television, the web and other forms of tradition media such as newspapers, magazines, and radio.

(http://www.adcentricity.com/) Digital OOH advertising can benefit a retailer in the following ways:

- OTX (Online Testing exchange) conducted a national survey with consumers where people reported that this media was one of the most unique and entertaining ways to capture their attention. Capturing consumers attention is essential for increasing sales.

- Digital OOH advertising offers advertisers flexibility and target-ability in order to reach consumers.

- Businesses can target consumers outside of their homes.

- Advertisers can deliver appropriate messages based on where the advertising screen is located. They have the ability to advertise in places where people travel throughout the day. This can include supermarkets, clothing stores, malls, coffee shops, fitness centersetc.

- There is no better place for a consumer to receive a message than when they are in a store. POPAI research has shown that as many as 70% of buying decisions are made in a store Digital OOH is effective when targeting consumers who are just browsing in a store.

- Average recall rates for digital and video out-of-home advertising networks has been reported as about 40 percent. Traditional media recall rates are lower: television (32%), radio (27%) and magazines (21%) * Source: Advertising Made Easy and Effective, By Lyle Bunn March 2009,USA Today

- There are improved and reliable audience metrics and accountability

- In large department stores or shopping malls, (http://www.adcentricity.com) digital out of home helps retailers to create highly targeted messages to consumers based on screen locations within the departments. They also have the ability to place screens in high traffic locations, in specific demographic profiled areas, and near the area where the actual product is being sold. They can also place screens in store front windows and run the ads 24/7.

- Advertisers can target almost any demographic or socio-demographic group.

- When done correctly, consumers will be provided with useful information and content that fits their lifestyle and needs.

Because of the consumer is outside, they are closer to where the products are located. This can result in a quicker decision to make a purchase. No other media offers the ability to target consumers when they are so close to the point of sale.

- Advertisers can continue a relationship with consumers by regularly updating their ads. Because this method of advertising is relatively new, it is very cost effective.

- By targeting a specific audience, businesses will reach only the consumers who are likely to buy their product. A well thought out, creative, and well-planned campaign will eliminate advertising waste and save businesses a lot of money.

- Consumers approve of digital OOH advertising. Research conducted by Edison Media Research showed that reaching mobile consumers in multiple places during their weekly routines resulted in 59% of respondents who saw the ad reporting that they were interested in learning more about the service.

In order to maintain a successful business, advertisers have to keep up with changing technology and lifestyles. Digital OOH has been steadily convincing businesses to recognize the benefits of this form of advertising. Marketers are now seeing a boost in product sales, more engaged customers, and an increase in advertising campaigns. Digital out-of-home advertising is the future of efficient, creative, and cost-effective marketing campaigns. - 20490

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What Expensive Video Production Companies Don't Want You to Know

What Expensive Video Production Companies Don't Want You to Know

by Terry Stanfield

Video marketing has forged into the Internet and revolutionized the way people practice their marketing efforts. This means success for many people and a downfall for others. The biggest companies suffering are the expensive video companies because people have realized they can find what they offer elsewhere or even make it themselves.

Video production companies want you to think they are the only ones out there who can provide what you need when it comes to video marketing. There are many things they try hard not to share with the customer so the customer doesn't go elsewhere. Here are six things that an expensive video production company does not want you to know.

1. Video production companies don't want you to know about hosting companies who can store these large files online for you. They like to be the holder of videos and charge for making any additional copies being made and more.

2. A video ad marketing campaign requires a good camera to do the job. These cameras are not required or only held by expensive companies but can be rented at local camera shops for a small percentage of what you would pay the company.

3. There are cheap editing packages out there you can find to edit your videos for free or even at a very low cost. Most production companies will tell you their editing software for video marketing is the only software that can be used for the best results in quality and to increase website traffic.

4. They also don't want you to know that your video is compatible with other platforms and sites. You can make your own videos that will have the same compatibilities as a production company for your video marketing needs.

5. One of the major costs of a video marketing production company is usually the costs of marketing. They do not want you to know about all of the free ways you can market your videos online yourself.

6. The number one thing a video marketing or production company that is expensive does not want you to know is how easy it really is to make your own videos. These companies are suffering now because of all of the people practicing making their own videos and they need as many people who don't know how to make them not to find out.

There are many reasons why video marketing companies want to withhold information about videos. Many of these businesses have been put out of business with people making their own videos today. The things a business doesn't want you to know about video ad marketing include how easy it is, camera rentals, cheap editing and marketing, and more. - 20490

Before you start an Video Marketing campaign, go to Terry Stanfield's site for information on (http://www.clickadvant.com) Search Engine Marketing Services and more on how to (http://www.clickadvant.com) increase web traffic.

Monday, April 27, 2009

Brand building tips for small businesses

YouTube - You are a Brand!

The Power of Dream Building Part One