Hello.
Reading time: less than 3 minutes.
Next month around January 1 we'll all be drowning in counsel about cleaning up our collective act - losing weight, getting more exercise, etc.
So here's a head start to help you sharpen up your agency in '06. Why not gather your best folks for a couple of hours before the holiday break to discuss making some of these your priorities for the New Year?
All the best,
Joe Grant joe@joegrantconsulting.com
P.S. We're scrubbing our list. If you've got a more up to date e-mail address, want to add somebody to our distribution list, or give us your snail mail address to get occasional special reports and hardcopy articles - just drop a note to
joe@joegrantconsulting.com. |
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Resolutions
Mark Twain once said that New Year's Day is an appropriate time to make resolutions and then the following week you can begin paving hell with them as usual.
Well, maybe. But few would argue good intentions are the prerequisite for better outcomes. See if these benefactions might help you step off on the right foot next year.
In 2006 we will:
- Sell more time in chunks.
Lots of agencies pump buckets of dollars to the bottom line by selling creative concepting and proprietary marketing plans for flat rates of $25k, $50k or more a pop. It's sometimes easier to digest (for a client) than jumping into a full-blown campaign and often leads to bigger things.
Call our Management Committee the Leadership Team. Why? To more accurately reflect their mission to lead the agency forward. And to put some teeth in it, each quarter require every LT member to answer publicly these questions: 1. What opportunity we're currently ignoring will I personally take charge of? 2. What ongoing problem around here will I fix in the next three months once and for all? 3. What have I done in the past 90 days to ratchet up my individual performance? You may disagree, but we see agency leaders who rise to positions of power and think they don't have to do anything else. Hey - it's all about getting better, all the time. Status quo is unacceptable.
Stifle new business chest thumping. During meetings with prospects, limit your gang to just 5 minutes of chatter about how swell your agency is; concentrate instead on understanding and solving - right there, on the spot - their problems. That's why they called you in. Believe me, you'll land more business when you understand it's not about you...and never will be.
Freshen up the lobby. Ours is a fun, creative business but you walk into some agencies and it looks like a bad day at the DMV. Show a little style - do something so you look creative, for God's sake. You don't want the place to be mistaken for where your schlumpy brother-in-law the insurance agent works.
Stop repeating pitch mistakes. You know the chestnut about insanity: doing the same thing again and again but expecting different results. Next time you come in second on a new business pitch, list 10 things you muffed and tack it on the wall. Then use it as a checklist so you don't repeat the same mistakes next time. Now how tough is that?
Get the elevator speech down cold. Make sure everyone knows what your agency actually does and more importantly, why you're different from every other place. If you can't capture your unique competitive advantage in just a few words, how can you expect others to believe you're anything but a commodity?
Fix the fixable. We grouse about client capriciousness, inadequate budgets, and other things...all beyond our control. Why not solve what you DO control? Take a deep breath and make a list of all the agency problems and obstacles - inefficient trafficking, a broken employee review process, spotty internal communication, whatever. Hang it up in the conference or lunch room and use it as a running scorecard. Fix them one at a time (and once and for all). When you knock one off put a fat red checkmark in front of it and break out the diet sodas to celebrate.
Have guts. This goes with fix the fixable. If you know you need to boot an ineffective, rude or otherwise why-do-we-keep-this-guy? employee, do it. Life is too short and it's foolish to run your business like a half way house unless, of course, that's your real purpose. Truth is, sometimes people evolve into misfits as circumstances change and motivation wanes; decisions must be made, pal.
Be not afraid. Don't avoid calling on prospects that are "too big for us," have always been at a cross-town competitor, or are more than a short drive or flight away. Your competition is poaching in your yard - do business in theirs. Think of all the new restaurants you'll eat in!
Do the right thing. The most successful CEOs we know rely more on intuition than data. Sure, you need the facts to make a decision but when you're faced with knotty issues in '06, consult an infallible guide: your conscience. Just ask yourself, "What's the right thing to do here?" and listen for an answer from somewhere deep inside. I don't know how this works, but even though the answer you get may seem unpalatable - that's your rational mind and ego talking trying to make it easier for you - your conscience will yield solid good counsel.
You don't have to make colossal leaps in '06, just use what the Japanese call kaizen - a series of small incremental improvements that create lasting successes. Pick a few of the above suggestions and stick to them. Then let us know if your batting average improves.
Unless of course you think Mark Twain was right about paving things.
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| Strong Client Relations |
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The December HOW magazine is their Business Annual issue and contains a terrific article about building strong client relationships called Bring Me Flowers. Check out the HOW Design website for details. |
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| Good Reading |
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The CEO Refresher always carries juicy articles by a variety of experts on competitive strategy, leading change, executive performance, and other related topics. This month don't miss New Business: No Magic Bullets (which first appeared last year in Persuading. Then in January's CEO Refresher, watch for Organizing for the Hunt about how to pursue new accounts. Both brilliantly written (and I know the author personally).
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| Rejection |
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What causes an ad to be rejected by a client...or even banned in certain media? Here's a look at some creative that for one reason or another didn't make it, each with thoughtfully written explanations of why. At Best Rejected Advertising.
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| Writing |
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Poynteronline is a first-rate resource well worth a visit if you make your living putting words on the screen or paper. But be careful - there's a lot of juicy stuff here and you could get lost for days wandering among all the good bits. Especially helpful are the 50 Tools to help your writing.
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| Communication |
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There's good brain food about the often misunderstood dynamics of customers talking back to companies in Commercial Conversations, which ran recently in FORBES as part of an excellent special report on communicating. Plenty of short but meaty takes on all facets of communication.
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| Sublimation |
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Draw your own conclusions on this one, but if you're intrigued with the idea of "subliminal advertising," Poleshift will get you thinking.
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| Grammar |
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Who (or is it whom?) among us isn't confused by grammar now and then? This is a handy resource for all those common usage questions which (that?) you may (can?) find helpful. Visit the office of Dr. Grammar.
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| Marketing |
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As this is written the Dow is teasing 11,000 and the market has sure been fun since about mid October, hasn't it? There's a good visual aid to what's going on at Smartmoney's Map of the Market.
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| Relationships |
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Go to any story on CNET, considered a mainstream resource on the tech world, and you'll automatically bring up The Big Picture, a clever interactive tool demonstrating how all news and information is related. Example: the story about Microsoft losing money on every Xbox.
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| About Grant Consulting
Grant Consulting, formed in 1992 by Joe Grant, is a consultative resource for advertising agency principals who want to improve their companies. The firm works exclusively with senior managers to help them discover and then reach their full potential. Copyright 2005 Grant Consulting Associates, Inc. All rights reserved. We encourage sharing in whole or in part if copyright and attribution are included. Contact us at: Grant Consulting 239.394.8220 joe@joegrantconsulting.com www.joegrantconsulting.com
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