Archive for May, 2009

Working Hours

Monday, May 25th, 2009

“Lunch is for wimps” is the most famous quote from the film ‘Wall Street’. It is uttered by Michael Douglas playing the ruthless tycoon Gordon Gekko. This seemed to give rise to a whole generation of business people talking loudly into their brick sized mobiles and wearing pin striped shirts with white collars. Ah, the eighties! Of course it wasn’t just their fashion and accessories that seem outdated to us now. Surely their attitude of 18 hour days with the occasional food grabbed at their desk is also a thing of the past.

Unfortunately, there are still businesses that celebrate the long-hours culture. If you’ve ever left your jacket over the back of your chair when you go home (so colleagues think you’re still there) or returned to the office after a night out you’ll know exactly what I’m talking about.

If you are not able to work effectively enough to get what you need to get done within normal working hours, there may well be something wrong with your time management or your employer’s attitude. The irony is that the pressure is often applied by people upon themselves. This macho attitude to working habits is extremely damaging to your personal development.

PEST Analysis

Sunday, May 24th, 2009

Management training courses vary considerably. Whilst the topics which need to be covered do not really change, the names for the methods and tools used in analysing situations do.

One of the tools you may come across is known as the PEST analysis. PEST is, of course, an acronym. PEST stands for political, economic, social and technological. It is used as a way of describing external challenges that an organisation may face. Specifically, it deals with macro-environmental factors. The analysis gives organisations a framework to understand these factors, particularly when undertaking market research or strategic analysis.

Political factors include tax policy, employment law, trade regulations, wage legislation and political stability.

Economic factors would include items such as inflation rates, economic growth, rates of exchange, the level of inflation and the general economic systems which operate in those locations where the organisation operates.

Social factors include changes and shifts in cultural values, any relevant changes in the level of population, development trends, demographics, leisure pursuits, education and health.

Technological factors include the impact of key technological advancements, and research and development issues, opportunities for automation and technological incentives.

Knowledge of these issues allows a company to decide whether government policy changes would be beneficial.

Mirroring

Saturday, May 23rd, 2009

Sales training makes clear that one of the most important things to do when selling your company’s products or services to someone, or even pitching an idea, is to build rapport with them.

One of the easiest ways of doing this is through mirroring. This is exactly what it sounds like. Matching the posture, body language and vocal qualities such as tone and pacing of the other party. When you try this the first time, you may feel incredibly self conscious. Won’t it be obvious that you are copying somebody’s every move? Of course there are limits to how far you do this, but with practice you can make it seem the most natural thing in the world and the only thought you will provoke in the other person is how much they like you.

When you have grasped the techniques of mirroring, you can go further and start to cross mirror so that your body language or posture complements the other person’s. For example, subtle hand gestures can echo the other person’s flailing arm. Your weight distribution as you sit can complement a foot on the table.

This should be done in addition to usual techniques such as good eye contact. The whole point is to build trust with a person.

Management Tools

Friday, May 22nd, 2009

One of the basics which come up again and again on management training, whatever subject is being studied, is the need for analysis. In order to analyse situations effectively, management gurus come up with specialist language and frameworks.

One of the most common of these is known as SWOT Analysis. As with all management training, an acronym seems to be requisite and SWOT is one. It stands for strengths, weaknesses, opportunities and threats. This analysis can be applied to a business as a whole or to specific projects.

Strengths are those features of the project or organisation which are beneficial and helpful in achieving the desired goals or objectives.

Weaknesses are the opposite side and refer to the shortcomings of an organisation or project which are going to make it difficult to achieve the goals or objectives.

Opportunities are those external issues or conditions which may be helpful towards the overall aims.

Finally, threats are the opposite of this and again refer to external relevant conditions which may impact negatively on the overall aims.

The whole point of SWOT analysis, in common with all other types of analysis is that it is not an end in itself. It merely provides a framework for discussion.

Looking After Yourself

Thursday, May 21st, 2009

An actor will tell you that they have two instruments for their work; their body and their voice. Whilst this is over simplistic, it does mean that they take care of those instruments and a valuable lesson can be learned from their attitudes.

Management training often overlooks how important the work/life balance is and the importance of caring for yourself.

First of all your physical health is paramount. Don’t put off trips to the doctor because you are worried about being away from the office for a couple of hours. Whilst it is not necessary to spend hours each week at the gym it is important to eat and sleep properly so that the body’s immune system can do its job. Make sure you can switch off after a day at the office and relax effectively.

Equally important is your mental wellbeing. Stress causes physical as well as mental problems and there are all sorts of ways of addressing this. One of the best is having someone to talk to. This does not have to be a therapist. Often, just having a friend or partner is sufficient. This does mean that you should consider spending time on your social or family life in the evenings and at weekends.

It’s Not What You Say

Thursday, May 21st, 2009

In advanced sales training, delegates are shown the importance of mirroring. This is a technique which involves matching your body language, breathing, pacing and tone with your customer and building rapport.

If you have ever been captivated by an actor in the theatre then you will understand the importance of the tonality of a voice. It is suggested that voice tonality accounts for 38 percent of the message whilst the actual words only account for 7 percent.

The importance of tonality is even more vital in telesales or any form of telephone conversation. When you only have your voice to communicate, it needs to be as varied and tuneful as possible to engage the listener.

Let me give you an example of this. Have you ever dealt with an angry person? Notice how as they shout and scream at you, by adopting a quiet thoughtfully paced tone on your part seems to make them even angrier. In fact matching their tone and pace will help to diffuse their anger. You should be careful not to direct your apparent anger at them but empathise instead.

The monotone middle manager is a staple of television situation comedy and it is important not to become an example of life imitating art!

Interview Techniques

Wednesday, May 20th, 2009

More and more management training courses are addressing the subject of recruitment. It is being increasingly realised that selecting staff is not the province of HR. It needs to be driven, wherever possible, by the department where the staff will be working.

Inexperienced managers often have an over reliance on their instincts. Calling the first part of the recruitment process an informal interview is designed to make the applicant feel at ease. It is not an invitation to the person running the meeting to disregard professional standards.

Here are some of the areas which recruiters need to pay attention to.
If you are interviewing a number of people for the same post, it is only fair that you ask them all the same questions. This can be very simply ensured by listing the questions before you start. This also helps you avoid the embarrassing situation of running out of things to discuss. It does not limit you and you are still able to drill down into any points that specifically arise.

You need to avoid making judgements on personal criteria such as how much you like someone. You should also avoid making snap decisions about someone as it will influence your attitude to them for the rest of the meeting.

Influence

Wednesday, May 20th, 2009

Management training should always include modules on negotiation and how to influence and persuade. Actually, the ideal situation is that anyone who has risen to the rank of manager will have these skills in abundance. Indeed, they may well have used them to get where they are. However, some graduates go straight from college to senior positions, responsible for many staff. These managers may not have charisma as a natural asset and will not have had the life experience to learn in the normal way.

There is no question that any manager needs good negotiation skills. Indeed, when you consider that time is literally money, it has never been more important to achieve agreement with colleagues and subordinates as promptly as possible.

One of the concepts regularly discussed in this context is that of influence. It covers a very wide range of subjects but boils down to the effect on each individual within a negotiation which the manager has. This will be affected by a manager’s history with that person and other things which may be going on. Clearly agendas, both hidden and visible, are paramount.

Persuasion is another concept which is useful as a way of dissecting a negotiation.

Communication

Tuesday, May 19th, 2009

Sales training is a good thing, but there is an extent to which sales people are born not made. One has to understand communication in its broadest sense if one is to persuade, sell and negotiate successfully.

Communication is, of course, a two way process. However, one of the most common flaws in poor sales people is that they make it a one way process. They do not pay attention to what the other party is transmitting. This is because they are so focussed on pursuing their own strategy.

The best sales people constantly work on their communication skills, both listening and projecting. They not only need to understand the words, but the body language and vocal qualities with which those words are delivered. Similarly, they should be observing the impact of their messages on the other party and ensuring that there is a constant feedback loop operating so that they can adjust those messages if required. For example, if there is a particularly positive attitude to one of the features of a product, they should make sure they reinforce that.

Equally, alarm signals need to be picked up and acted upon. This will reduce apparent surprises that floor sales people when they come up against objections, at the end of a sales presentation, which should have been picked up and dealt with earlier.

Appraisals

Tuesday, May 19th, 2009

Soft skills training recognises that the process of appraisals is a subject in its own right. There are many issues to consider when looking at appraisals and it is important that everyone in an organisation has the same expectations and understanding of the appraisal system. This is often made more difficult by the tendency, particularly in large organisations, to keep tinkering with the process.

Typically, the top people in an organisation will be trained with the expectation that they will trickle the information down through the organisation. However many managers are not fully engaged with the business of appraisals and do not pay it the attention it needs.

One of the trends in recent years has been the idea of 360 degree feedback. This means that as well as the normal top down appraisals staff report on their managers and colleagues. It can also be useful to obtain feedback from people outside the organisation who have dealings with a particular member of staff. This is not always practical and, in any case, should be done circumspectly.

In order to get the most honest feedback, it is often a good idea to allow the feedback to be treated as if it is anonymous. Of course, in small teams, it will often be possible to work out who has said what.