October 27th, 2008

Effective Lead Generation

How to Gain your Prospective Clients’ Attention and Generate the Leads You Need to Make Your Business a Success

If you’ve ever tried to get a child who is engrossed in their favorite video to do another task you know you must first get their attention. Often the best way to do this is to use their name so they realize you are speaking directly to them. The process of effective lead generation requires that we communicate with many prospective clients at one time. Before we can communicate with them we must first get their attention. And our prospective clients must each feel we are talking directly to them.

Getting a prospective client’s attention is not an easy task, especially given the hundreds of thousands of other products and services that are also competing for their attention. Like the mother who has learned to “tune-out” her kids bickering in the back-seat while she is trying to drive, our prospects have learned to tune out all the promotional clutter that bombards them daily. Here is a four step process to gain your prospects’ attention and help generate the leads you need to make your business a success.

1. Define Your Target Market: To gain prospective clients’ attention you must understand their biggest problems and greatest desires. This requires really knowing your target market. And in order to know your target market you must first define that market. What is the profile of your ideal client? Many people resist defining an ideal client. However unless you know specifically who you want to talk to, your promotional efforts will fall on deaf ears. Not having a defined target for your marketing communications is like yelling into a room full of kids watching TV, “Will someone please take out the trash?” They will all assume you are talking to someone else. The odds of actually having the trash taken out increase significantly when you say, “Bobby, will you please take the trash out now?”

2. Identify Problems and Desires: In conversations with current clients or prospective clients that fit the profile of your ideal client, what are the “themes” that continue to surface and which of these themes can you help with - a desire for a more fulfilling career; the ability to recapture romance in their relationships; a need to get spending under control and eliminate debt; a summer home on Nantucket; tools to better communicate with their teenage kids? The list is endless. The key is identifying the intersection of your target market’s most pressing problems or desires and your greatest strengths. If you don’t know and really understand the most pressing problems and deepest desires of your target market it’s time to do some research. Get out and talk with people who meet the profile of your ideal client. Be really curious about them, ask questions. Find out what occupies their mind, what keeps them awake at night, what they dream of having, being or doing. You’re not trying to sell at this stage you are only trying to get to know your target market better.

3. Start Where Your Prospects Currently Are: It is often tempting to paint a picture of a fabulous outcome without first clearly identifying the problem or desire. I used to do marketing for a psychiatric hospital that ran television advertising. The most effective ads were not those that showed happy, well adjusted kids playing on the playground - the outcome of treatment. The parents of kids with emotional issues did not relate to the images of these kids. We first had to show the child sitting all alone in the swing crying because no one wanted to play with him or her. This is what caught the attention of the parents of kids who needed treatment. Only after we captured their attention with an image they could relate to right then were we able to talk with them about the solution to the problem. Another very effective ad showed a woman sitting alone in the woods contemplating taking a handful of pills. Women thinking about taking their own lives related to that ad, they picked up the phone and called for help. Your first goal is to get a prospect to say, “Hey, that’s me, that’s my exact situation, that’s the problem I’m facing right now. If they have helped others in that same situation maybe they can help me.”

4. Talk Directly to Your Ideal Prospects: In a personalized letter or a one-on-one conversation you can address your prospect by name. However with promotional pieces such as brochures, flyers, direct mail or advertising this is not possible. In these instances direct response copywriter Alexi Neocleous suggests starting your ad, post card or letter with, “Attention (target market description)”. For example, “Attention Renters”; “Attention Business Owners”; or “Attention Parents of Teenage Drivers”. Another way of talking directly to your prospect is to ask a question regarding a problem or desire of your target market. For example, “Are you approaching retirement and concerned about what you’ll do with all the free time on your hands?”; “Are you considering a career change?”; or “Are you so busy taking care of everyone else that you don’t have time to take care of yourself?”

The key to effectively capturing a prospective client’s attention is to really understand the problems that keep them awake at night or the desires they dream of having met. People buy for two reasons:

1. To get problems solved, or

2. To have desires met.

Once you clearly understand the problems your prospects want solved and the desires they have you can utilize this information in your promotional materials to capture their attention and generate an ongoing stream of leads.

© 2005 STRATEGIES-BY-DESIGN.

Julie Chance is president of Strategies-by-Design, a Dallas-based firm that helps businesses from independent professionals to specialty retailers Map A Path to Success by attracting leads and turning those leads into loyal customers. Strategies-by-Design provides a unique combination of consulting, coaching and training to help clients improve the return on their investment in marketing and promotional activities. For more information or to sign-up for their marketing tips newsletter, go to http://www.strategies-by-design.com or call 972-701-9311.

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October 13th, 2008

Knowledge Management - Keys to Successful Communities of Practice (Networks)

How can I make my community of practice truly effective?

How can I prevent my network becoming a “notwork”?

Communities of practice (networks) lie at the heart of successful knowledge management in most organisations. They are the lifeblood of informal exchanges of knowledge. Typically, communities go through a series of stages as they develop. This article, drawn from a best-selling knowledge management fieldbook by its author, identifies the key steps involved in creating and sustaining a successful community of practice, providing practical hints and tips for every part of the lifecycle.

The guidelines below are drawn from the book “Learning to Fly - Practical knowledge management from leading and learning organisations” (Chris Collison and Geoff Parcell), and sets out a number steps to launching, energising and sustaining communities of practice (networks) in an organisation.

1. Planning
Gather together a list of potential participants. Use referral - ask individuals if they can recommend others in the organisation who should participate. Consider a broader membership to introduce diversity. Would your network benefit from having members NOT closely associated with your domain of interest - to bring in a different perspective?

2. Decide: go/no-go
Check for duplication or overlap with other networks/groups, verify the need for the network and make a clear go/no-go decision.
Is the scope realistic, or is the subject area too broad for a single network? Take some soundings from potential members and consider splitting to form two or more sub-networks if appropriate.

Getting started

3. Hold a face-to-face start-up workshop
Ensure that this includes a social activity to build relationships and trust. If most of the interactions are likely to be via e-mail or telephone, it is important to build relationships face-to-face.

4. Draft a “charter” collectively
Develop a simple “charter” which may include:

  • the rationale and scope for the network,
  • the key roles (facilitator, sponsor etc.),
  • the expectations in terms of people’s time commitment (do members need help in securing “air cover” from their managers?),
  • a “code of conduct” - how members will work together, and key processes/tools,
  • a sense of “what success looks like”, and any appropriate KPIs. (but avoid over-burdening a network with measures at the early stages of its growth)

5. Consider tools for support
Check the available tools and their distribution across the members, particularly for a network which crosses organisational boundaries.

6. Appoint a facilitator
The responsibilities of the Network Facilitator, some of which, in practice, may be shared with others in the network, may include:

  • organising network meetings/teleconferences;
  • maintaining network distribution lists;
  • owning and ensuring the maintenance of shared information/knowledge resources;
  • monitoring the effectiveness of the network, and stimulating and prodding network members when appropriate;
  • acting as a focal point for the network, both internally and for those outside the network

Note - a network facilitator need not be the “subject expert”. Far more important is the ability of that person to involve and include others, and to work behind the scenes to keep the network “on the boil”.

7. Set up an e-mail distribution list and send a launch e-mail
Establish an e-mail distribution list for your network comprising the potential membership names identified. This should facilitate further communication.
The Network facilitator should be identified as the owner of this, and can add or delete people from this distribution themselves.
Send an initial e-mail to kick off the dialogue.

Building momentum

8. Seed the discussion with some questions
Establish the behaviours by asking a question on behalf of a member with a particular need (have the members do it themselves if possible).
In the early stages it is important to demonstrate responsiveness. The facilitator should be prepared to pick up the phone and press for answers behind the scenes.

9. Publicise the network
What communications media exist within your organisation? Can you write a short news article in a relevant internal or external magazine which describes the network and its aims?

10. Advertise quick wins
When you get answers to questions, or the transfer of ideas between members, celebrate and make sure that everyone knows

11. Monitor activity…
Monitor the discussion forum/Q&A effectiveness:

  • Frequency of contribution,
  • Frequency of response.
  • Number of unanswered questions
  • For larger networks - number of joiners/leavers

12. Maintain connectivity
Schedule regular teleconferences, summarise successes, develop a list of “frequently asked questions” and a shared team space/website.

Renewing commitment

13. Refine the membership
For large networks, send an e-mail to existing members reminding them to let you know if they would like to be removed from the list. Better to have a smaller group of committed members, than a larger group with variable commitment.

14. Maintain face-to-face meetings
Consider an annual face-to-face meeting to renew relationships and introduce any new members

15. Keep the focus on business problems
Continue to solicit questions and answers - publicise more success stories.

16. Review performance
How is the network performing in relation to its performance contract, mission, KPIs? Are there still regular examples of success stories?

17. Test commitment
Don’t be afraid to threaten to “switch off” the network and test the response of members. People will soon object if they strongly believe in it!

Is it time to “sunset” your community? Or to reinvent it?
Consider Options
Decide for the future:

  • Continue?
  • Celebrate & close?
  • Redefine the deliverables/scope?
  • Divide into sub-networks?

Conclusion

Launching and supporting successful communites of practice is one of the most effective ways to sustain your investment in knowledge management. It takes thought and effort to get started, but with the right people, and the steps outlined above, they can bring KM to life in any organisation.

Chris Collison is a renowned expert in knowledge management and an experienced practitioner in the leadership and implementation of organisational change from a people perspective.

As a best-selling author, he has presented to audiences at business schools and at conferences around the world, and is a regular contributor to specialist knowledge management publications. Chris has worked with leaders at the highest levels of many public and private-sector organizations, sharing the practical experiences he gained whilst working in BP’s knowledge management team, and his deep understanding of the human dynamics of major change programmes.

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September 12th, 2008

Five Stumbling Blocks To Successful Networking And How To Overcome Them

The ability to connect with people is essential to success in any business. Professional networking events present opportunities to interact with others on a personal level and to develop profitable relationships. These occasions are critical for anyone who wants to grow a business or promote a career.

Many people are simply not comfortable walking into a room full of strangers and striking up conversations. Here are five common stumbling blocks that you may face and tips to help you overcome them.

A RELUCTANCE TO TALK TO STRANGERS. You were taught at an early age not to speak to people you don’t know. It’s not safe. In certain situations today this is still good advice. In business, however, talking to strangers is a way to generate interest and support for your products and services. If you only talk to the people you already know, you will miss out on opportunities to make new connections and establish valuable contacts.

To get past your discomfort in talking to strangers, set a goal for yourself before you attend any networking event. Decide how many new contacts you want to make or how many strangers you want to meet. In some cases, you may specifically target individuals whom you’d like to know.

Next come up with some icebreakers or conversation starters. Have questions prepared that you can ask anyone you meet at the event. You may want to inquire about other people’s business, their connection to the sponsoring organization or their opinion of the venue.

LACK OF A FORMAL INTRODUCTION. It’s much easier to make a new contact when there is someone else to handle the introduction and pave the way. If you wait for another person to make the move you may not meet anyone. At networking events, the goal is to meet as many people as possible.

This is the time to take the bull by the horns, walk up to people you don’t know, introduce yourself and start a conversation. You can do this if you have prepared your self-introduction in advance.

You will not introduce yourself the same way on every occasion. Perhaps it is your first time to attend an association meeting. In that case, you might want to say that as part of your introduction. Let people know who you are, why you are there and give them a reason to ask more abut you.

FEAR OF BEING SEEN AS PUSHY. You may think that you will turn people off if you are assertive and that if they want to talk to you, they will make the first move. If this is your line of thinking you will find yourself spending your time alone at the reception or meeting function and leaving without a single new connection. Being open, friendly and interested does not turn people off.

You will not come across as overly aggressive if you seek out the “approachable” people. These are the ones who are standing alone or who are speaking in groups of three or more. Two people talking to each other are not approachable because they may be having a private conversation and you would be interrupting.

THINKING THAT OTHER PEOPLE MAY NOT LIKE YOU. There is always the risk that the other person is not interested in you and doesn’t want to meet or talk to you. It happens. If that is the case, don’t take it personally. Nothing ventured is nothing gained. When you get a cold shoulder, smile, move on and say to yourself, “Next?”

HAVING YOUR INTENTIONS MISUNDERSTOOD. Approaching someone of the opposite sex to begin a conversation may seem more like flirting than networking. This is more of an issue for women than men. Women have an equal place in the work arena and need to make professional connections the same as men do. Women in business can no longer afford to hold back when there is opportunity at hand.

Neither men nor women will have their motives misinterpreted if they present themselves professionally in their attire and if they keep the conversation focused on business issues or topics that are not personal or private.

Whatever your stumbling blocks, face them before the next networking event and devise a personal plan for getting past them. Once you do, you will find yourself connecting with confidence and courtesy on every occasion and the results will be reflected in your bottom line.

(c) 2005, Lydia Ramsey. All rights in all media reserved.

Lydia Ramsey is a business etiquette expert, professional speaker, corporate trainer and author of MANNERS THAT SELL - ADDING THE POLISH THAT BUILDS PROFITS. She has been quoted or featured in The New York Times, Investors’ Business Daily, Entrepreneur, Inc., Real Simple and Woman’s Day. For more information about her programs, products and services, e-mail her at lydia@mannersthatsell.com or visit her web site http://www.mannersthatsell.com.

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