Seven Business Plans and Tools Every Business Needs to Have and Use

 

Seven Business Plans and Tools Every Business Needs to Have and Use

 

I am sure that you have heard the adage; Failing to Plan is Planning to Fail.  Yet too many businesses don't have practical working business plans.  Most have a fanciful fairy tale they use for the bank, filled with rosy projections. 

The plans businesses need will guide their response to the ever-changing business environment. These are real plans with actions to take for the entire company.  These plans will serve as a real roadmap to the success you want to achieve for your company.

There are seven subjects we will discuss in this series.  This article gives a brief description of each, and we will take a deep dive into each in later chapters.

Disaster Plan

The disaster plan is the one you hope you never need, but I am placing it first on the list because your company's survival will probably be at risk if you need it.  Failure to have a good plan, when something happens, can...

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Why Customer Relations Training Is a Must for Technicians

It is important to provide regular customer service training to your technicians. They are the face of your company. In most cases, your customers will see your technicians regularly and respect their opinions. If a positive relationship is maintained and the conversations properly filtered, the results will help your company grow.

Examples

Recently, I was helping a client with a major install and he related a conversation he’d had with the previous vendor. It was an example of a conversation that shouldn’t have happened. It was so bad, in fact, that it might have cost the previous vendor the account.

It seems that the technician for the previous vendor was constantly highlighting internal problems. For instance, he told the client that his company could not get the machine fixed because he had no assistance in troubleshooting the issue. He also stated that he could not order the parts that he needed because they were too expensive.

This client’s experience...

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Sharpen the Saw

 

Sharpen the Saw

Once upon a time, there was a young woodcutter, and he was sure he could cut more wood than any other woodcutter.  He came into a logging camp and asked, "who is the best woodcutter here?" Everyone agreed that a particular older gentleman was the best. 

The young woodcutter said, "I can cut more wood than he can; I want his job." The foreman said, "Sure if, you can cut more than he does, you deserve the job."

So the older gentleman agreed to the challenge, and they decided they would each go into the forest and cut down trees, and when the day ended, everyone could see who cut the most.

They both went out into the woods, and you could hear the saws cutting.  But pretty soon, the older woodcutter stopped for a while, and when the younger one noticed that, he thought, "I have this won. I don't need a break." That pattern repeated several times during the day, and by the end of the day, the younger woodcutter was sure he won.

Yet, when they measured the...

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Creating Amazing Customer Service

 

Creating Amazing Customer Service

As a business owner or as a manager, you should want to create not just good service but amazing customer service.  Yet, most businesses provide mediocre service.  Why?

To create the kind of customer service that turns customers into raving fans requires focus and effort.  It is worth the expenditure of both.

Ask the Hard Questions

I encourage you to ask the hard questions.  Ask questions that generate answers that are difficult to hear.  It is these questions and these answers that can transform your company.

You see businesses that talk about their unbelievable customer satisfaction scores.  Those scores could be the result of asking easy questions.  But those scores don't help the company improve.

I will share the two questions to ask if you want to improve.  But understand, if you ask these questions, you may not like the answers.

The first question is one that you ask customers that no longer do business...

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The New Hires First Three Months

new hire Jan 06, 2021

 

 

In our last two articles, we discussed the value of a technician and steps you can take to improve the success of your new hires.  For this discussion, we are going to assume that you have a new hire coming into your department today. What are you going to have him do?  What is the plan to get him up and functional as a technician as quickly as possible?

Too many times, a new technician is brought back to the service manager’s office and they visit it for a while.  Then because the service manager does not have a specific plan, and there are three people lined up to see the service manager, he calls a technician in and has that technician take the new employee with him for the day.

This pattern may continue until the new technician goes to school.  The result is a waste of the new technician’s time, the service manager’s time, and a less than optimum outcome.

Make a Plan

The first step in solving the issue is to develop a new hire...

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How To Become a Leader – What You Need To Do

 

When someone gets promoted to a supervisory or managerial role, they might think they automatically become a leader.  Nothing could be further from the truth.  They may have become the boss, but that doesn't make them a leader, and acting like a boss can damage team morale.

What does it take to be a leader?

Definition of leadership

Leadership is a process of social influence, which maximizes the efforts of others towards the achievement of a goal.  We will consider three separate points in that statement.

First, leadership is a process of social influence.  Leadership does not relate to a title or position.  A leader can be anyone that can influence others.

Second, a leader maximizes the efforts of others.  Because they have influence, other individuals are willing to be led by them, and they listen to them.

Third, a leader is heading toward some goal.  People won't follow someone who is wandering around and not going to a specific place or goal.

...

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Introduction to 22nd Century Management

 

If we're meeting for the first time, my name is Ken Edmonds. And on this blog, I share information to help managers get better at managing people, growing their profit, and achieving success in every area in their department.

In my experience working in the copier business, something I saw happens way too often was an owner would walk up to his best technician and tell him, “Congratulations! You're our new manager!” Then they turn around and walk away. And that was the end of their training.

Here is one experience where that happened. A technician who was probably one of the better technicians I met in my career was very good at fixing equipment. So the company wanted him to step up and be a supervisor and promoted him to the position of supervisor, but they didn't give him any training.

It was interesting because I got to see him struggle and try to succeed in leading his team. But he failed at that. The result was he quit working for the dealer and went to work...

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Optimizing Territory Management - One of the Keys to Efficient Service

One of the biggest challenges that service managers face is that of territory management. This task is challenging because there is no standard pattern that will fit every dealer. The service manager has to balance a variety of factors to achieve optimum results.

Territory Management is a Necessity

In discussing this concept with dealers, most find that while they have territories, they need to improve their results. For the dealers thinking they don’t need to develop territories, I would recommend reconsidering that position. If you don’t, you will never achieve the optimum results you could with properly designed territories.

I have heard service managers express concern with technicians developing a strong relationship with a customer and the potential risk that a technician will take customers with them when they leave. I will counter that a good technician-client relationship helps cement the client to the dealership. If properly nourished, the technician-client...

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Developing the Plan to Improve the Mean Copies Between Calls

In our previous articles, we discussed the reasons why Mean Copies between Calls (MCBC) is the most important metric, and we looked at some of the issues that impact that value. In this article, we want to start trying to find ways to address the issues in the service department.

Start at the Top

The commitment to address the issue and change your philosophy has to start at the most senior levels in the company. In most cases, the goals, metrics, and practices will be significantly different than your current ones. If the owner/president is not behind these changes, it may be impossible to get the changes made.

The senior management team needs to understand that there may be bumps in the road as you move forward, but if you stay the course, the end result will be more profit, happier customers, and easier sales.

Articulate the New Philosophy to the Team

Once this decision is made, it is important that everyone involved understands the plan and why it will help them. You must...

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Five Reasons Why Training for the Future Matters

The one critical factor that is often overlooked is training for future needs. Most dealers train for their immediate needs and don’t worry about future needs. This is a very short-sighted perspective.

The one critical factor that is often overlooked is training for future needs. Most dealers train for their immediate needs and don’t worry about future needs. This is a very short-sighted perspective. Training for future needs positions an organization to make better business decisions and scale for growth. With consistently evolving industry parameters, new digital technologies and a push for advanced business intelligence, training to meet today’s requirements is only part of the train game – future training is the goal.

Here are 5 reasons to start future training – today.

Our Industry is Changing

One reason to train for the future is the constant change in our industry. Think back 20 years, and we were all selling analog copiers, stand-alone fax...

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