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	<title>CEOConsultant.com PR &#187; Strategy</title>
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		<title>Choose an Always-Win Strategy Like Warren Buffett Does</title>
		<link>http://www.ceoconsultant.com/business/choose-an-always-win-strategy-like-warren-buffett-does/</link>
		<comments>http://www.ceoconsultant.com/business/choose-an-always-win-strategy-like-warren-buffett-does/#comments</comments>
		<pubDate>Wed, 16 Jan 2008 10:55:45 +0000</pubDate>
		<dc:creator>Business Article</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Business Thinking]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Strategy]]></category>

		<guid isPermaLink="false">http://ceoconsultant.com/business/choose-an-always-win-strategy-like-warren-buffett-does/</guid>
		<description><![CDATA[Only a relative few have made significant, successful
adjustments to changing conditions from irresistible forces
(such as financial markets, weather, demographics, new
technology, and attitude shifts).    There is perhaps no
more interesting an example than Berkshire Hathaway, which
started as an owner of a failing textile mill that
eventually did go out of business due to adverse conditions.
Since then, Warren Buffett, [...]]]></description>
			<content:encoded><![CDATA[<p>Only a relative few have made significant, successful<br />
adjustments to changing conditions from irresistible forces<br />
(such as financial markets, weather, demographics, new<br />
technology, and attitude shifts).    There is perhaps no<br />
more interesting an example than Berkshire Hathaway, which<br />
started as an owner of a failing textile mill that<br />
eventually did go out of business due to adverse conditions.</p>
<p>Since then, Warren Buffett, Berkshire&#8217;s founder, has<br />
successfully navigated the changing tides of business and<br />
financial markets over the years to built one of the most<br />
successful companies ever.  Unlike Microsoft, and Intel<br />
which had relatively few important shifts in irresistible<br />
forces, Berkshire Hathaway has weathered many by<br />
redirecting its resources and energies into new, more<br />
promising directions.</p>
<p>After having been primarily a portfolio manager of a<br />
handful of common stocks for many years, the company has<br />
recently shifted again to emphasize purchasing and<br />
operating companies.  You too can learn to catch the full<br />
benefit of today&#8217;s volatile and rapidly changing forces and<br />
spur your enterprise on to greater and more rapid growth<br />
than ever before.</p>
<p><span id="more-546"></span></p>
<p>Be Prepared:  Being in the Right Position to Optimize<br />
Opportunity</p>
<p>Many business people are fond of saying, &#8220;I&#8217;d rather be<br />
lucky than smart.&#8221;  Everyone has experienced the<br />
exhilaration of an unexpected boost from favorable<br />
circumstances and wishes it would happen more often.<br />
Choosing a strategy that puts you in the right position is<br />
a way for you to create your own good fortune.</p>
<p>You will achieve more favorable results by thinking<br />
differently so you work smart, not hard.  When asked why he<br />
scored so many goals in hockey, NHL scoring champion Wayne<br />
Gretzky replied that he always skated to where he thought<br />
the puck would be going. That gave him an important edge<br />
because most other skaters go toward where the puck is<br />
already.</p>
<p>But it isn&#8217;t enough to just be in the right place at the<br />
right time.  The tightrope walker working outdoors in the<br />
wind prefers that the wind be at her back, because a side<br />
wind could more easily knock her off balance.  Setting up<br />
the tight rope to make the breeze&#8217;s direction favorable can<br />
provide the necessary advantage for her.  She can further<br />
improve her security by using a balance pole.</p>
<p>To move your enterprise from its current position to a<br />
better one takes careful thinking  It&#8217;s like the tightrope<br />
walker finding the wind coming from the wrong direction,<br />
and demanding a move in the tight rope&#8217;s location before<br />
she performs.  The equipment handlers have a lot of hard<br />
work to undo and redo.  That&#8217;s the bad news about getting<br />
into the right position.</p>
<p>The good news is that once your company has reached its<br />
ideal position, your subsequent need to change will be<br />
less.  In the long run, this means less change, less work,<br />
as well as better results.  Like the Olympic wrestler who<br />
fights his way to a position securely on top of his<br />
opponent, you will be able to seize superior positions that<br />
will allow you the advantage no matter how your competitors<br />
react and your business environment changes.</p>
<p>Most organizations today are unfortunately like the<br />
wrestler&#8217;s opponent, operating subject to the whims of<br />
powerful competitors and vagaries of circumstances as their<br />
noses grind into the smelly, dirty mat.  Is yours one of<br />
them?</p>
<p>If your enterprise is like most, it operates according to a<br />
plan.  Your business now pays attention to executing that<br />
plan.  When things go wrong, most people in your<br />
organization will try to protect their self-interest and<br />
their chances for achieving the plan&#8217;s goals.  If things<br />
get really bad, they&#8217;ll be stunned into inaction.</p>
<p>These behaviors reflect some of the many faulty thinking<br />
patterns you should abolish and replace in order to achieve<br />
a winning position in an increasingly volatile and<br />
unpredictable organizational environment.  You need to<br />
focus on getting the most benefit from your enterprise&#8217;s<br />
irresistible forces rather than trying to fend off the<br />
forces.</p>
<p>Every change in irresistible forces provides new<br />
opportunities to those who think that way.  For very<br />
cyclical businesses, when demand is strong, you can sell<br />
high-cost facilities and obtain long-term relationships<br />
with attractive customers.  When demand is weak, you can<br />
buy low-cost facilities, repurchase your own stock,<br />
negotiate lower prices from suppliers and get complementary<br />
competitors interested in merging with you.  There is<br />
always some optimal opportunity being presented, if you<br />
learn how to look at the circumstances with an eye prepared<br />
to gaining important advantages from your business&#8217;s<br />
environment.</p>
<p>Once an opportunity is recognized, you need to be properly<br />
prepared to take the right actions at the right time.  You<br />
have to have the flexibility to take advantage of rapid and<br />
extreme changes in irresistible forces.  Such flexibility<br />
can be developed through the use of planning extreme<br />
scenarios that greatly exaggerate the future impact of<br />
these forces to clarify opportunities.</p>
<p>This thinking requires using an improved kind of scenario<br />
planning for possible future circumstances, most of which<br />
will never occur.  By studying these scenarios uour<br />
enterprise will then locate and be ready to implement its<br />
&#8220;Always-Win, No-Lose&#8221; opportunities, that minimize the down<br />
side, while leaving the up side open-ended, regardless of<br />
the irresistible forces.</p>
<p>This new form of strategy replaces the costs and delays for<br />
your organization learning primarily through broad scale<br />
trial and error.  Irresistible force management is the<br />
missing element that makes this possible.</p>
<p>Copyright 2008 Donald W. Mitchell, All Rights Reserved</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
Donald Mitchell is chairman of Mitchell and Company, a<br />
strategy and financial consulting firm in Weston, MA. He is<br />
coauthor of seven books including Adventures of an<br />
Optimist, The Irresistible Growth Enterprise, and The<br />
Ultimate Competitive Advantage. You can find free tips for<br />
accomplishing 20 times more by registering at:<br />
====&gt; <a target="_blank" href="http://www.2000percentsolution.com/"><font color="#003399">http://www.2000percentsolution.com</font></a> .</p>
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		<title>Plan Out Your 3-Year Vision for Attracting Clients</title>
		<link>http://www.ceoconsultant.com/business/plan-out-your-3-year-vision-for-attracting-clients/</link>
		<comments>http://www.ceoconsultant.com/business/plan-out-your-3-year-vision-for-attracting-clients/#comments</comments>
		<pubDate>Sat, 05 Jan 2008 15:24:33 +0000</pubDate>
		<dc:creator>Business Article</dc:creator>
				<category><![CDATA[Customers]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Goals]]></category>
		<category><![CDATA[Growth]]></category>
		<category><![CDATA[Referrals]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[Strategy]]></category>

		<guid isPermaLink="false">http://ceoconsultant.com/business/plan-out-your-3-year-vision-for-attracting-clients/</guid>
		<description><![CDATA[In practice building (and getting clients) it seems to be
that most self-employed people just hope for the best. They
simply keep doing what they&#8217;ve been doing and don&#8217;t have a
strategy for creating the practice they&#8217;d be truly and
deeply happy with. This is a big mistake in my opinion.
I used to write down my goals each year, [...]]]></description>
			<content:encoded><![CDATA[<p>In practice building (and getting clients) it seems to be<br />
that most self-employed people just hope for the best. They<br />
simply keep doing what they&#8217;ve been doing and don&#8217;t have a<br />
strategy for creating the practice they&#8217;d be truly and<br />
deeply happy with. This is a big mistake in my opinion.</p>
<p>I used to write down my goals each year, but it never<br />
really worked for me. I just didn&#8217;t feel really excited<br />
about my new goals. They didn&#8217;t seem to propel me in motion<br />
and so I kind of viewed them as being useless. I never<br />
really looked at them, probably because they seemed like<br />
&#8220;shoulds&#8221; rather than &#8220;really-meaningful-wants.&#8221;</p>
<p>Then I came across the concept of creating 3-year visions<br />
instead of just a list of goals for the upcoming year. This<br />
visioning wasn&#8217;t just about business goals, but also<br />
family, financial, spiritual, and relationship goals. It<br />
became a &#8220;holistic&#8221; way of looking at what you wanted in<br />
your life. All the pieces looked like they would work<br />
together, but only because you were compelled to make it<br />
all work together, which was the first time I&#8217;d done that<br />
in such depth.</p>
<p>The coolest thing about visioning 3 years out came to me<br />
after I started doing this regularly. I noticed that ONE<br />
year goals were never too much of a stretch. They seemed<br />
like timid goals, goals that didn&#8217;t really get me excited.<br />
But having to create a vision of what 3 years down the line<br />
would look like allowed me to REALLY think BIG.</p>
<p><span id="more-533"></span></p>
<p>Inhibitions dropped. My creative side started going and I<br />
really took time to see, &#8220;Hey, what WOULD I want my life to<br />
look like in 3 years, if I could have time to create it?&#8221;<br />
SHAZAM! I felt like I&#8217;d hit the jackpot.</p>
<p>The 3-year vision was a way for me to create something to<br />
strive for that REALLY spoke to me. Something that made my<br />
heart beat a little faster after I read it, excited to get<br />
going, and just a little bit scared of the thought of me<br />
reaching it. Now THAT would propel me into motion the way a<br />
yearly list of goals wouldn&#8217;t be able to do. (By the way,<br />
my deep down secret is that I strive to reach these in 1 or<br />
2 years, not 3, and that&#8217;s usually what happens.)</p>
<p>So, each year, around this time, I create a 3-year vision<br />
of what I want my practice to look like. I write it in the<br />
present tense, as if it were 3 years later, that same day.<br />
For example, this past year I wrote mine on January 4, 2007<br />
as if it was January 4, 2010, and I talked about all the<br />
things that had happened since 2007. All the things I&#8217;d<br />
accomplished in my business, with my finances, my<br />
investments, my family, and myself over the &#8220;last 3 years,&#8221;<br />
which obviously hadn&#8217;t actually happened yet.</p>
<p>Such a cool exercise and it really gets the blood flowing<br />
when you read it back to yourself, now and over the year.</p>
<p>&#8220;When you can clearly see yourself being there, you can see<br />
much more clearly how to get there. You can imagine the<br />
path to your dreams, and then start to actually walk it.<br />
Play an active role in your own future. Imagine with<br />
passion and detail how you&#8217;d most like it to be.&#8221;<br />
—Ralph Marston, <a target="_blank" href="http://greatday.com/"><font color="#003399">http://greatday.com</font></a></p>
<p>You see, I&#8217;ve figured out that it&#8217;s not just about goals.<br />
Yes, goals are important, but the way I look at it, it&#8217;s<br />
about focusing on what you REALLY want for your life, not<br />
the &#8220;shoulds.&#8221; It&#8217;s also about putting into effect the Law<br />
of Attraction in a big way. When you know what you want for<br />
your life, when you can imagine it with passion and feel<br />
what it feels like to have it, it&#8217;s almost guaranteed to<br />
come to you.</p>
<p>So, this weekend, I&#8217;ll be taking a couple of hours to work<br />
on my own 3-year vision. I wouldn&#8217;t dream of not doing it.<br />
My success depends on it and it does for you too.</p>
<p>YOUR CLIENT ATTRACTION ASSIGNMENT:</p>
<p>Your turn. Sometime this week, create a 3-year vision dated<br />
January 4, 2011. Your 3-year vision must be one that will<br />
literally PULL you into your future, will scare you just a<br />
little bit, and make your heart beat a little faster than<br />
normal whenever you read this.</p>
<p>Make your 3-year vision very specific, realistic, and a big<br />
STRETCH (that&#8217;s what&#8217;s going to move you forward quicker<br />
than you would if you didn&#8217;t have it). If you&#8217;re right<br />
brained, use bullet points for categories such as business,<br />
finances, personal, family, spiritual, fun, health, etc. If<br />
you&#8217;re left-brained, then write freely, and remember to<br />
keep it all grounded in the specific, with lots of<br />
MEASURABLES and TANGIBLES thrown in there so you can keep<br />
track of your progress over the next 3 years (that&#8217;s what I<br />
do).</p>
<p>Be sure to write in the present tense as if it were 3 years<br />
from now&#8230; If it doesn&#8217;t scare you just a little bit or<br />
get your mind racing, then it&#8217;s probably not enough of a<br />
stretch. By the way, I just looked back to last year&#8217;s<br />
3-year vision and I was SHOCKED to see how many of the<br />
goals in my 3-year vision I&#8217;d already achieved in just a<br />
little over a year. This stuff really works!!</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
Once you&#8217;ve done your 3-year vision and are ready to get<br />
marketing in a big way for 2008, invest in your success by<br />
getting yourself the Client Attraction Home Study<br />
System™. It&#8217;s all step-by-step, not a big mishmash of<br />
things. So, you do step one of the system, and when you&#8217;re<br />
done with that, you move on to step two, and so on.   You<br />
can get it at <a target="_blank" href="http://www.theclientattractionsystem.com/"><font color="#003399">http://www.TheClientAttractionSystem.com</font></a> .</p>
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		<title>Strategy Before Tactics</title>
		<link>http://www.ceoconsultant.com/business/strategy-before-tactics/</link>
		<comments>http://www.ceoconsultant.com/business/strategy-before-tactics/#comments</comments>
		<pubDate>Sun, 29 Jul 2007 23:28:52 +0000</pubDate>
		<dc:creator>Business Article</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Strategy]]></category>

		<guid isPermaLink="false">http://ceoconsultant.com/business/strategy-before-tactics/</guid>
		<description><![CDATA[The title of today&#8217;s article captures the single greatest
small business marketing mistake I encounter &#8211; and I
encounter it every single day.
Small business owners often fall prey to the marketing whim
of the week, chasing every new way to do direct mail or
draw web site visitors they encounter, because they have no
real marketing strategy to help them [...]]]></description>
			<content:encoded><![CDATA[<p>The title of today&#8217;s article captures the single greatest<br />
small business marketing mistake I encounter &#8211; and I<br />
encounter it every single day.</p>
<p>Small business owners often fall prey to the marketing whim<br />
of the week, chasing every new way to do direct mail or<br />
draw web site visitors they encounter, because they have no<br />
real marketing strategy to help them drive marketing<br />
decisions. If I could change anything about the way small<br />
business owners view marketing &#8211; that would be it.</p>
<p>Without a strategy firmly in place to use as a filter for<br />
where the business is headed, it&#8217;s far to difficult to<br />
really analyze whether any particular tactic or marketing<br />
initiative makes sense for a business or not.</p>
<p>By strategy I mean your marketing reason for being, the<br />
position you want to hold in the mind of your customer and,<br />
no, &#8220;I want to exchange money for something with anyone we<br />
can,&#8221; is not a strategy, it&#8217;s a disaster plan. Far too many<br />
people think &#8220;we want to sell lots of stuff to lots of<br />
people&#8221; is a strategy.</p>
<p><span id="more-481"></span></p>
<p>The world doesn&#8217;t really need another accountant,<br />
electrician, real estate agent, or small business of most<br />
any kind, so if that&#8217;s what you are, then you better get a<br />
way to stand out that&#8217;s based on a sound strategy. The<br />
world, or at least a market segment, will always need the<br />
accountant, electrician or real estate agent that does<br />
business in new and different ways, ways that matter to a<br />
specific market.</p>
<p>To develop an effective marketing strategy you must spend<br />
some energy determining two crucial factors: who makes an<br />
ideal client for your firm and how your firm is indeed<br />
different than everyone else that claims to be in your same<br />
business.</p>
<p>If is, in fact, quite possible that there are entire<br />
subsets of what you might call a target market that are not<br />
at all a fit for your business. You&#8217;ve got to get very<br />
clear, and often narrow, about the characteristics of a<br />
client your firm is best suited to serve. If you have<br />
clients already, the best place to look to identify your<br />
ideal clients is the subset of clients that is most<br />
profitable and has a tendency to refer business to you.<br />
These folks likely love what you do, are emotionally<br />
attached enough to tell friends, and value the relationship<br />
they have to your company. If you can come up with a<br />
crystal clear image of what these folks look like, part of<br />
your marketing strategy should focus on finding more of<br />
these and saying no to the rest</p>
<p>The second half of your marketing strategy involves<br />
discovering your firm&#8217;s best chance to stand out and<br />
differentiate. You may already do something that truly is<br />
unique and need only communicate it as your strategy. Or,<br />
you may need to find one something that you can do<br />
famously, such as dominating a narrow niche market or<br />
packaging your services like no one else in your industry<br />
dreamed of doing.</p>
<p>Once you create a powerful strategy for your business all<br />
of focus can turn to creating and implementing tactics that<br />
can bring your strategy to life.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
John Jantsch is a veteran marketing coach, award winning<br />
blogger and author of Duct Tape Marketing: The World&#8217;s Most<br />
Practical Small Business Marketing Guide. You can find more<br />
information by visiting <a target="_blank" href="http://www.ducttapemarketing.com/"><font color="#003399">http://www.ducttapemarketing.com</font></a> .</p>
<p><!-- toctype = X-unknown --><!-- toctype = text --><!-- text --></p>
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		<title>Why Are 2,000 Percent Solutions Available for Almost Any Activity?</title>
		<link>http://www.ceoconsultant.com/business/why-are-2000-percent-solutions-available-for-almost-any-activity/</link>
		<comments>http://www.ceoconsultant.com/business/why-are-2000-percent-solutions-available-for-almost-any-activity/#comments</comments>
		<pubDate>Fri, 01 Jun 2007 15:31:46 +0000</pubDate>
		<dc:creator>Business Article</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Business Thinking]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Strategy]]></category>

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		<description><![CDATA[Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem.
â€• Anonymous
A 2,000 percent solution is any method of accomplishing
what your organization does now with zero-to-four percent
of the current time and resources, or accomplishing an
increase of 20 times in results while employing the same or
fewer resources. A combination of those [...]]]></description>
			<content:encoded><![CDATA[<p>Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem.</p>
<p>â€• Anonymous</p>
<p>A 2,000 percent solution is any method of accomplishing<br />
what your organization does now with zero-to-four percent<br />
of the current time and resources, or accomplishing an<br />
increase of 20 times in results while employing the same or<br />
fewer resources. A combination of those results can also be<br />
a 2,000 percent solution.</p>
<p>When first creating a 2,000 percent solution, many people<br />
report discovering that their solution could have been<br />
implemented at any time during the prior 50 years. But no<br />
one had. Why is that?</p>
<p><span id="more-386"></span></p>
<p>Here&#8217;s a story that helps explain such delays. An executive<br />
works in a business where 95 percent of the ingredients<br />
were once discarded at the end of the production process.<br />
That&#8217;s like taking a piece or two of a large wedding cake<br />
and then throwing the rest of the cake away. The<br />
organization first called the unused ingredients &#8220;waste&#8221;<br />
and dumped that material into the ocean. A new treaty in<br />
the 1970s prohibited this kind of dumping, and the &#8220;waste&#8221;<br />
went into landfills. Environmental laws were later enacted<br />
that made it more attractive to do something else with the<br />
&#8220;waste,&#8221; and the leftover ingredients were turned into<br />
&#8220;by-products&#8221; that didn&#8217;t have much value. The executive<br />
redefined those used ingredients as &#8220;products&#8221; and<br />
discovered that with a little upgrading they became<br />
valuable forms of organic fertilizer that many were anxious<br />
to buy. Soon the executive had developed a large fertilizer<br />
business and was successfully making similar upgrades of<br />
waste into valuable products for other manufacturers.</p>
<p>From this experience, the executive learned that people<br />
only pay a lot of attention to &#8220;products,&#8221; seldom focus on<br />
&#8220;by-products,&#8221; and hardly ever examine their &#8220;waste.&#8221;<br />
Similarly, people pay a lot more attention to 2,000 percent<br />
solutions than to efforts to meet the annual budget<br />
increase of 10 percent. Why? It&#8217;s more exciting and<br />
rewarding to develop 2,000 percent solutions. When you<br />
accomplish that first 2,000 percent solution, your<br />
self-esteem reaches a higher level than you ever thought<br />
possible. You&#8217;ve done it once and you know you can do it<br />
again.</p>
<p>A parallel observation to Pareto&#8217;s Law (referred to by many<br />
as Pareto&#8217;s Principle, or the 80/20 principle, meaning that<br />
80 percent of the results can be observed to come from 20<br />
percent of the people doing an activity) states that 80<br />
percent of the results of any economic activity come from<br />
20 percent or less of the efforts. Let&#8217;s look at an example.</p>
<p>Imagine that a business has 100 salespeople selling 100,000<br />
units a year. Consistent with the parallel observation to<br />
Pareto&#8217;s Law, 20 of those salespeople produce total sales<br />
of 80,000 units per year (an average of 4,000 units per<br />
year) while the remaining 80 salespeople produce total<br />
sales of only 20,000 units per year (an average of 250<br />
units per year. The 20 most productive salespeople create<br />
on average 16 times (4,000/250) more than the average of<br />
the 80 remaining sales people. Matching the performance of<br />
the remaining 80 sales people to what the most productive<br />
20 salespeople accomplish is a 1,500 percent solution.</p>
<p>Within the group of 20, some are more productive than the<br />
others. Let&#8217;s assume that the most productive salesperson<br />
produces annual sales of 7,000 units. That amount is 28<br />
times what the 80 less productive salespeople average. If<br />
the less productive people can move up to the productivity<br />
of the most productive salesperson, that&#8217;s a 2,700 percent<br />
solution.</p>
<p>Within the group of 80, some are less productive than<br />
others. Let&#8217;s assume that the least productive salesperson<br />
who won&#8217;t be fired sells merely 100 units per year. If that<br />
person could match the most productive salesperson, that<br />
would be a 6,900 percent solution.</p>
<p>The nature of which customers are served may have something<br />
to do with why these two salespeople vary so much in<br />
productivity. But if the least productive salesperson can<br />
increase performance to even half the average of the most<br />
productive group, that&#8217;s still more than a 2,000 percent<br />
solution</p>
<p>Let&#8217;s also assume that the company has a more effective<br />
competitor where the most productive salespeople sell on<br />
average 10,000 units per year. Within that group, let&#8217;s<br />
also assume that the most productive person sells 18,000<br />
units per year. If some of this success is based on selling<br />
methods that the least productive salesperson in the first<br />
company can emulate but doesn&#8217;t use now, that relatively<br />
low performing salesperson would only have to capture<br />
one-eighth of the results of this most productive<br />
competitorâ€˜s salesperson to achieve a 2,000 percent<br />
solution.</p>
<p>In addition, there are probably better performing<br />
salespeople in other industries who could also show the<br />
lowest producing salesperson in the original company how to<br />
improve. By drawing on those examples, the least productive<br />
salespeople can expand their productivity further.</p>
<p>From the first company&#8217;s management perspective, notice<br />
that the challenge is different. Only if the salespeople in<br />
total improve their productivity by 20 times does the<br />
company enjoy a 2,000 percent solution. Even if the methods<br />
and personal qualities of the best salesperson can be<br />
duplicated in the rest of the sales force, such a 2,000<br />
percent solution cannot be achieved. That&#8217;s because the<br />
company would still need eight salespeople to equal the 100<br />
current salespeople in performance. Only by dropping the<br />
sales force to four people and keeping the same sales level<br />
could the company achieve a 2,000 percent solution.<br />
Reaching that level of performance would mean exceeding the<br />
productivity of the competitors&#8217; best performer. What&#8217;s the<br />
solution?</p>
<p>The odds for creating a 2,000 percent solution for the<br />
whole sales force are improved by another factor we haven&#8217;t<br />
discussed. Few of the top performing salespeople will be<br />
using identical methods. As a result, you can combine<br />
highly productive techniques to exceed the performance of<br />
even the most effective salesperson.</p>
<p>Likewise, 20 percent of the customers will produce 80<br />
percent of the earnings. So it&#8217;s as important whom you sell<br />
to as it is how efficiently you perform. Some organizations<br />
will find that their highest volume salespeople are mostly<br />
bringing in business from relatively unprofitable<br />
customers. As a result the most profitable best practice<br />
may be found among a so-called average performer who only<br />
produces high margin sales. Cross-fertilize the methods of<br />
the high volume salesperson with the high-margin one, and<br />
you should increase the profit-productivity of sales<br />
efforts by much more than 2,000 percent.</p>
<p>For a given organization, simply determining who are most<br />
productive and what they do differently that may account<br />
for their success is a very powerful starting point for<br />
expanding effectiveness. That&#8217;s why the few organizations<br />
that do such benchmarking within their company are quick to<br />
find ways to make enormous improvements.</p>
<p>Here&#8217;s an important lesson: Pick the highest payoff<br />
opportunities first! We all know that each activity varies<br />
in its significance. For instance, developing new medicines<br />
at a pharmaceutical company is much more valuable than most<br />
other activities. If your company is below average in such<br />
an important activity, the company-wide benefits of either<br />
improving to become above average or outsourcing to an<br />
organization that is above average can result in a 2,000<br />
percent solution for the entire company&#8217;s profits. As a<br />
result, those who are wise in selecting the activities to<br />
improve first can make much faster progress than those who<br />
focus in less significant activities.</p>
<p>You should consider an even more important lesson: Some<br />
companies are making tremendous strides by developing skill<br />
throughout their organizations in designing and<br />
implementing 2,000 percent solutions. Such organizations<br />
will have vast advantages over those who simply look at the<br />
internal best practice or the industry best practice, or<br />
outsource to a highly effective outside organization. Such<br />
2,000 percent solution expert companies will be able,<br />
instead, to advance to 5,000 and 10,000 percent solutions.</p>
<p>From that perspective, you can see that achieving a 2,000<br />
percent solution is often a modest target â€¦ even though at<br />
first blush a 2,000 percent solution would seem to be the<br />
opposite, a stretch goal.</p>
<p>How much time and effort is involved?Â  People who have<br />
worked on creating 2,000 percent solutions were often able<br />
to reach 20 times higher performance levels within six<br />
months of implementing this solution development process.<br />
Rarely does it take longer than two years. Individuals who<br />
have developed 2,000 percent solutions usually report being<br />
able to create the plan for one solution with less than 60<br />
hours of effort over a few weeks. Hardly anyone ever<br />
requires more than 120 hours of personal effort.</p>
<p>What are you waiting for?</p>
<p>Copyright <span id="lw_1180711790_3" style="cursor: hand; border-bottom: #0066cc 1px dashed; height: 1em">2007 Donald W. Mitchell</span>, All Rights Reserved</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
Donald Mitchell is chairman of Mitchell and Company, a<br />
strategy and financial consulting firm in <span id="lw_1180711790_4" style="cursor: hand; border-bottom: #0066cc 1px dashed; height: 1em">Weston, MA</span>. He is<br />
coauthor of six books including The 2,000 Percent Squared<br />
Solution, The 2,000 Percent Solution, The Portable 2,000<br />
Percent Solution, and The 2,000 Percent Solution Workbook.<br />
You can read about his work on improving effectiveness at:<br />
<a href="http://www.2000percentsolution.com/" target="_blank"><span id="lw_1180711790_5"><font color="#003399">http://www.2000percentsolution.com</font></span></a> .</p>
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		<title>Breakthroughs in Effectiveness:  Use 2,000 Percent Solutions</title>
		<link>http://www.ceoconsultant.com/business/breakthroughs-in-effectiveness-use-2000-percent-solutions/</link>
		<comments>http://www.ceoconsultant.com/business/breakthroughs-in-effectiveness-use-2000-percent-solutions/#comments</comments>
		<pubDate>Thu, 31 May 2007 17:37:23 +0000</pubDate>
		<dc:creator>Business Article</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Business Thinking]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Strategy]]></category>

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		<description><![CDATA[No problem of human destiny is beyond human beings.
â€• John F. Kennedy
An emergency room (ER) nurse kept hearing complaints from
patients who had been waiting for hours to see a doctor.
After reading The 2,000 Percent Solution, she began to keep
track of how long it took various kinds of patients to get
the attention they needed. She was [...]]]></description>
			<content:encoded><![CDATA[<p>No problem of human destiny is beyond human beings.</p>
<p>â€• John F. Kennedy</p>
<p>An emergency room (ER) nurse kept hearing complaints from<br />
patients who had been waiting for hours to see a doctor.<br />
After reading The 2,000 Percent Solution, she began to keep<br />
track of how long it took various kinds of patients to get<br />
the attention they needed. She was shocked to find that<br />
those who were too sick or injured to explain their<br />
problems but who appeared to be okay sometimes waited for<br />
more than 10 hours â€• even if they needed immediate<br />
treatment. This nurse shared her concerns with the other ER<br />
nurses and physicians. They discussed possible solutions<br />
and decided to train the guards at the door to spot people<br />
who couldn&#8217;t explain about themselves and bring a triage<br />
nurse immediately to check the patient. Waiting time for<br />
these vulnerable, hard-to-diagnose patients dropped to less<br />
than 10 minutes. Although her colleagues didn&#8217;t know it,<br />
they had just put in place a 2,000 percent solution.</p>
<p>A 2,000 percent solution is any method of accomplishing<br />
what your organization does now with zero-to-four percent<br />
of the current time and resources, or accomplishing an<br />
increase of 20 times in results while employing the same or<br />
fewer resources. A combination of those results can also be<br />
a 2,000 percent solution.</p>
<p>That much improvement probably sounds pretty extreme to<br />
you. It shouldn&#8217;t. We&#8217;ve all seen 2,000 percent solutions,<br />
but we don&#8217;t usually label them as such. For instance, a<br />
slow reader takes a course in better reading methods.<br />
Reading speed increases from 100 words to 1,100 words a<br />
minute while comprehension of what is read doubles. The<br />
reading speed increase is a 10-fold improvement, [(1,100 â€“<br />
100)/100 = 10], and the doubling of comprehension allows<br />
twice as much to be comprehended in whatever reading time<br />
is involved. When you multiply reading 10 times faster by<br />
double the comprehension, you have a 2,000 percent solution<br />
â€• a 2,000 percent increase in reading comprehension<br />
per minute from the same time and effort.</p>
<p><span id="more-381"></span></p>
<p>What brought 2,000 percent solutions to my attention? I was<br />
attracted to this subject of creating 2,000 percent<br />
solutions because my family depended on a small business<br />
when I was growing up, and 2,000 percent solutions made an<br />
enormous difference in this operation and in my life. I<br />
hope this concept will do the same for you, your family,<br />
and your business or nonprofit organization, whether you<br />
lead it or simply work there.</p>
<p>Let&#8217;s look at some more examples to help you grasp what a<br />
2,000 percent solution is. Technology often helps us speed<br />
results without increasing resources. For example, you can<br />
send material halfway around the world now in an e-mail for<br />
a tiny fraction of the cost and time of sending an air<br />
courier package. E-mail is also a 2,000 percent solution<br />
compared to the best method commonly available 20 years<br />
ago: sending a facsimile.</p>
<p>Thinking more clearly about the implications of what needs<br />
to be done can have a similar effect without waiting for<br />
technology to advance. For instance, many electronic<br />
products are now designed to have many fewer parts than the<br />
products they replace. Consequently, repairing products<br />
with fewer parts takes much less time and reduces costs.<br />
For more expensive products, the parts are often monitored<br />
electronically to note when they are about to fail. The<br />
message that failure is imminent is sent to the repair<br />
person before the failure. The part is replaced, and the<br />
customer never experiences a problem. Repeat sales and<br />
profits improve as a result. For less expensive products,<br />
online resources allow customers to diagnose their<br />
problems, implement the proper solutions, and receive<br />
faster results at much less cost than providing hands-on<br />
repairs.</p>
<p>Sharing information throughout organizations has had<br />
similar effects. Many organizations now use business<br />
intelligence software that allows everyone to know what<br />
performance is in the activities each person influences. As<br />
a result, fewer problems occur and the solutions come<br />
faster and less expensively.</p>
<p>More recently, organizations have learned to access better<br />
ideas inexpensively by involving large numbers of experts<br />
through online contests. Goldcorp was a pioneer in this<br />
effort when it sponsored the Goldcorp Challenge in March<br />
2000. Hundreds of the world&#8217;s best geologists looked at<br />
Goldcorp&#8217;s exploratory drilling results online and produced<br />
a number of excellent suggestions. By spending a few<br />
hundred thousand dollars for a Web site and prizes,<br />
Goldcorp located new gold reserves worth hundreds of<br />
millions.</p>
<p>Topping that success, Larry Huston, vice president of R&#038;D,<br />
Innovation, and Knowledge for <span id="lw_1180631931_4" style="cursor: hand; border-bottom: #0066cc 1px dashed; height: 1em">Procter &#038; Gamble</span> (P&#038;G),<br />
reported in October 2005 that P&#038;G had run more than 200<br />
versions of the Goldcorp Challenge since 2000. These<br />
contests had yielded innovations with a success rate of<br />
over 80 percent, increased the company&#8217;s R&#038;D productivity<br />
by 45 percent, and provided 35 percent of all of P&#038;G&#8217;s<br />
successful innovations in recent years.</p>
<p>From these examples, you can see that breakthroughs are<br />
possible for providing 2,000 percent solutions to the most<br />
important organizational tasks. By considering these<br />
examples, I hope you&#8217;ll be able to see possible variations<br />
on their themes to establish 2,000 percent solutions for<br />
important tasks where no one yet dreams of such<br />
improvements.</p>
<p>Copyright <span id="lw_1180631931_5" style="cursor: hand; border-bottom: #0066cc 1px dashed; height: 1em">2007 Donald W. Mitchell</span>, All Rights Reserved</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
Donald Mitchell is chairman of Mitchell and Company, a<br />
strategy and financial consulting firm in <span id="lw_1180631931_6" style="cursor: hand; border-bottom: #0066cc 1px dashed; height: 1em">Weston, MA</span>.Â  He<br />
is coauthor of six books including The 2,000 Percent<br />
Squared Solution, The 2,000 Percent Solution, The Portable<br />
2,000 Percent Solution, and The 2,000 Percent Solution<br />
Workbook.Â  You can read about his work on improving<br />
effectiveness at <a href="http://www.2000percentsolution.com/" target="_blank"><span id="lw_1180631931_7"><font color="#003399">http://www.2000percentsolution.com</font></span></a> .</p>
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		<title>Blogging for Business</title>
		<link>http://www.ceoconsultant.com/business/blogging-for-business/</link>
		<comments>http://www.ceoconsultant.com/business/blogging-for-business/#comments</comments>
		<pubDate>Wed, 16 May 2007 17:29:19 +0000</pubDate>
		<dc:creator>Business Article</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Business Thinking]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Strategy]]></category>

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		<description><![CDATA[Many businesses are using blogging as a tool for communication with their customers and clients.Â  These blogs create customer loyalty and satisfaction and bring more traffic to their website creating more sales.Â  Have you started a blog for you business?Â  If not, here are a couple of reasons for setting up your own blog on [...]]]></description>
			<content:encoded><![CDATA[<p>Many businesses are using blogging as a tool for communication with their customers and clients.Â  These blogs create customer loyalty and satisfaction and bring more traffic to their website creating more sales.Â  Have you started a blog for you business?Â  If not, here are a couple of reasons for setting up your own blog on your website.</p>
<p>1. New products or services</p>
<p>Blogging allows you to communicate quickly to your client base.Â  Marketing new products or services can costs thousands of dollarsÂ from inception, to printing, to mailing or exectution.Â  This method has a vital role in any marketing campaign, but what if you could let all of your clients, and potential clients, know the day thatÂ begin selling aÂ new product or service.</p>
<p>Having a blog set up on your website would allow you to notify everyone of your new product or service.Â  You would list your product name, the features, and the benefits it offers.Â  You can receive instant feedback from people who review your offer from the comments section.Â  From there, you are able to evaluate, update, or change your offer.</p>
<p>Businesses are using this strategy to move quickly in front of competitors.</p>
<p>2. Attract new clients</p>
<p>Blogging for your business allows you to reach new customers and clients.Â  In today&#8217;s world, potential customers are reviewing products and services online to gather their own research.</p>
<p>They want to make sure they have a comfortable understanding of what your product or services offers.Â  Blogging is a way for you to highlight your product and differentiate yourself from your competitors.Â  The more &#8220;value&#8221; that you are able to demonstrate in your blog, the more likely customers will call you first.</p>
<p>3. Share knowledge and expertise</p>
<p>A business blog allows you to share your own personal and business knowledge and expertise.Â  This allows potential clients to trust you, and feel confident that you know what you are doing and will be able to solve their problems.</p>
<p>Who doesn&#8217;t like to talk about themselves or their business?Â  Blogging allows you to talk about anything you want to about yourself or your business.Â  It&#8217;s a time where you can share your personal insights and experiences in the industry.Â  Doing so puts you in the highlight and further exemplifies your expertise and leadership in your business field.</p>
<p>As competition for retaining clients and attracting new ones grow, blogging for you business is a 21st century tool to allow you to keep one step ahead of your competitors.</p>
<p>If you would like help or need more information on setting up your own business blog, please email me at <a href="mailto:damon@ceoconsultant.com">damon@ceoconsultant.com</a></p>
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		<title>Analyzing your competition</title>
		<link>http://www.ceoconsultant.com/business/analyzing-your-competition/</link>
		<comments>http://www.ceoconsultant.com/business/analyzing-your-competition/#comments</comments>
		<pubDate>Sun, 11 Mar 2007 16:57:06 +0000</pubDate>
		<dc:creator>Business Article</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Leadership]]></category>
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		<description><![CDATA[Copyright (c) 2007 A Marketing Connection
The who, what, where, when, why, and how
Knowing your competition allows you to identify a niche and
develop your own unique selling proposition (USP). Clearly
defining and understanding the core value you offer your
clients can depend on your having a firm grasp of your
competitors&#8217; strengths and weaknesses.
Where do you start?
1) Make a [...]]]></description>
			<content:encoded><![CDATA[<p>Copyright (c) 2007 A Marketing Connection</p>
<p>The who, what, where, when, why, and how</p>
<p>Knowing your competition allows you to identify a niche and<br />
develop your own unique selling proposition (USP). Clearly<br />
defining and understanding the core value you offer your<br />
clients can depend on your having a firm grasp of your<br />
competitors&#8217; strengths and weaknesses.</p>
<p>Where do you start?</p>
<p>1) Make a list of your competitors. Think big in this step.<br />
Don&#8217;t just think about your direct competition; think about<br />
indirect competition in other industries as well. For<br />
example, as a copywriter I could list my competitors as<br />
fellow copywriters that do freelance work. But I don&#8217;t want<br />
to stop there. Other potential competitors may include<br />
large ad agencies, small ad agencies (each may play a<br />
different role with clients), technical writers, a<br />
company&#8217;s in-house writers, journalists, and even<br />
fill-in-the-blank templates you can purchase on the<br />
Internet.</p>
<p>2) From this broad-based competitive list, list specific<br />
companies you compete with. For example, in the &#8220;other<br />
copywriters&#8221; category, I may list Sally Field, Shelby Foot,<br />
and Joe Blow. Under the large agency category, I may have<br />
only one or two large agencies I run up against when<br />
bidding on projects. Follow this procedure until you&#8217;ve<br />
gone through all the competing industries. Some may have no<br />
direct competitor and that&#8217;s OK; acknowledging the<br />
potential is there&#8211;and getting the &#8220;big picture&#8221; of where<br />
competing business may lie&#8211;is what&#8217;s important.</p>
<p><span id="more-216"></span></p>
<p>3) From this long list of competitors, pick your top three<br />
and do a detailed competitive analysis. These are the three<br />
you should also use for your marketing plan.</p>
<p>Gathering information</p>
<p>The next step in a competitive analysis is gathering<br />
information through competitive intelligence (CI). CI is<br />
the practice of gathering, analyzing, and disseminating<br />
information on what the marketplace requires (the demand),<br />
about how and you and your competitors meet these<br />
requirements (the supply), and how each strives to meet<br />
market needs better than others (the competition).</p>
<p>Gather marketing materials, visit stores, call and ask<br />
questions. These are common ways to collect competitive<br />
data. I go straight to Web sites and find almost everything<br />
I need there.</p>
<p>Here are a few things to look for while gathering<br />
competitive information:</p>
<p>What products/services competitors produce Who their target<br />
audience is Guarantees, pricing, hours of operation, and<br />
delivery options Overall, how do they position themselves<br />
(cheapest, best value, fastest, unique, patented, etc.)?<br />
What is their USP? After collecting this data, do a little<br />
analysis. What is your competition really good at and what<br />
is it not so great at? Are there any holes in their product<br />
offerings? A niche they&#8217;re missing? How does your business<br />
fill in the gaps?</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
Author of Healthcare Copywriting Secrets Revealed, Kelly<br />
Robbins is an award winning copywriter and marketing<br />
coach/consultant. She also publishes The Healthcare<br />
Marketing Connection<br />
(<a href="http://www.healthcaremarketingconnection.com/" target="_blank"><font color="#003399">http://www.healthcaremarketingconnection.com</font></a>), a free<br />
e-zine on healthcare marketing tips. Contact Kelly to<br />
receive her free report, &#8220;5 critical things you must know<br />
when writing for the healthcare industry&#8221; -<br />
<a href="http://ceoconsultant.com/ym/ceoconsultant.com/Compose?To=info@KellyRobbinsLLC.com&#038;YY=94774&#038;y5beta=yes&#038;y5beta=yes&#038;order=down&#038;sort=date&#038;pos=0&#038;view=a&#038;head=b"><font color="#003399">info@KellyRobbinsLLC.com</font></a> or 303-460-0285.</p>
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		<title>Innovation and the Information Economy &#8211; Corn, Cars, and Concepts</title>
		<link>http://www.ceoconsultant.com/business/innovation-and-the-information-economy-corn-cars-and-concepts/</link>
		<comments>http://www.ceoconsultant.com/business/innovation-and-the-information-economy-corn-cars-and-concepts/#comments</comments>
		<pubDate>Sun, 21 Jan 2007 22:13:48 +0000</pubDate>
		<dc:creator>Business Article</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Business Thinking]]></category>
		<category><![CDATA[Strategy]]></category>

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		<description><![CDATA[Sick of the whole &#8220;new economy&#8221; thing? It was a bit
overdone in the 90&#8217;sâ€¦ But there is some relevance to the
&#8220;new economy&#8221; as we navigate continuing economic shifts.
I&#8217;m not an economist, so this isn&#8217;t going to be a diatribe
about macro economic theory or some such thing. For me, as
a businessperson, it boils down to &#8220;corn, [...]]]></description>
			<content:encoded><![CDATA[<p>Sick of the whole &#8220;new economy&#8221; thing? It was a bit<br />
overdone in the 90&#8217;sâ€¦ But there is some relevance to the<br />
&#8220;new economy&#8221; as we navigate continuing economic shifts.<br />
I&#8217;m not an economist, so this isn&#8217;t going to be a diatribe<br />
about macro economic theory or some such thing. For me, as<br />
a businessperson, it boils down to &#8220;corn, cars and<br />
concepts.&#8221;</p>
<p>First, we had the agrarian economy â€“ all about corn. People<br />
related to their families or village. Their lives were<br />
pretty much regulated by Mother Nature. Get up with the<br />
sun, milk the cows, work the soil, go to bed with the sun.<br />
Life and work weren&#8217;t &#8220;balanced&#8221; &#8211;they were integrated &#8211;<br />
parts of a whole that were shared through stories and<br />
handed-down wisdom. You didn&#8217;t need a &#8220;take your daughter<br />
to work&#8221; day &#8212; she worked with you every day.</p>
<p><span id="more-98"></span></p>
<p>Then along came cars. OK, lots of other things came along<br />
about that same time &#8212; and the industrial economy overtook<br />
the agrarian economy. Relationships broadened to include<br />
folks at the factory, and sometimes throughout a whole<br />
city. You had contact and connections with way more people<br />
across a much larger geography. Mother Nature as regulator<br />
was displaced by machinery &#8212; Get up with the alarm clock<br />
so you can be at the factory before the whistle. Work and<br />
life became separate; labor unions were born to protect our<br />
lifestyles from our work. Child labor laws kept you from<br />
taking your daughter to work.</p>
<p>Today it comes down to concepts. Some call it the<br />
&#8220;information economy&#8221; or the &#8220;imagination economy.&#8221; History<br />
will have to decide what this era really is. But what is<br />
clear for now is that just as corn was displaced by cars,<br />
concepts now rule. Not computers or information, but<br />
concepts. That&#8217;s where all the new juice is. We can have<br />
relationships with anyone in the world and at the same time<br />
many of us are somewhat isolated &#8212; telecommuting or free<br />
agents, working as well as living alone. Mother Nature and<br />
machines have been replaced by the mass media as the main<br />
regulator of day-to-day reality. Our work and lives are<br />
once again more connected as more of us work at home and<br />
telecommute. Now, we need a &#8220;take your daughter to work&#8221;<br />
day because they&#8217;re gone, while we labor at home on work<br />
that is more abstract, more conceptual. Our kids aren&#8217;t in<br />
touch with our work lives. They ask &#8220;what do you do, Mom?&#8221;<br />
And we have a hard time explaining.</p>
<p>Concepts are hard to explain, but they are the fuel for the<br />
current economy. Want a place in the current economy? Be<br />
adept at working with concepts &#8212; inventing, adapting,<br />
managing, cataloging, implementing concepts. The more<br />
sophisticated or novel the concept, the more unique your<br />
role will be. As Daniel Pink points out in &#8220;A Whole New<br />
Mind,&#8221; with concepts we use mostly our right brain , but in<br />
the early stage of the information age we used our left<br />
brain skills. So, there is a shift we need to make.</p>
<p>The shift to concepts as the &#8220;main ingredient&#8221; of the<br />
economy also necessitates a shift in organizational<br />
culture. &#8220;Data driven&#8221; can be a good thing, but it&#8217;s not<br />
the only thing. In an economy where concepts rule, we need<br />
to return to our &#8220;corn&#8221; roots and rediscover and<br />
communicate the stories, intuition, feelings and wisdom<br />
that now hold the &#8220;concept&#8221; economy together. This shift<br />
isn&#8217;t just about individual skills, it&#8217;s how our<br />
organizations work. And our organizational culture will<br />
need to adapt just as our individual skills and behavior do.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
Take charge of your organization &#8211; free resources at<br />
<a href="http://fordbusinessconsulting.com/gorillagoods.html" target="_blank"><font color="#003399">http://fordbusinessconsulting.com/gorillagoods.html</font></a> .Â  Dr.<br />
Linda Ford helps leaders create organizations that achieve<br />
superior performance. She has consulted to companies<br />
ranging from small start-ups to Fortune 100 companies as<br />
well as non-profit organizations To learn more about Dr.<br />
Ford, visit <a href="http://www.fordbusinessconsulting.com/" target="_blank"><font color="#003399">http://www.FordBusinessConsulting.com</font></a> .</p>
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		<title>Beta Testing, Anyone? 10 Potent Strategies for Achieving Success</title>
		<link>http://www.ceoconsultant.com/business/beta-testing-anyone-10-potent-strategies-for-achieving-success/</link>
		<comments>http://www.ceoconsultant.com/business/beta-testing-anyone-10-potent-strategies-for-achieving-success/#comments</comments>
		<pubDate>Tue, 16 Jan 2007 17:38:20 +0000</pubDate>
		<dc:creator>Business Article</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Growth]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Strategy]]></category>

		<guid isPermaLink="false">http://ceoconsultant.com/business/beta-testing-anyone-10-potent-strategies-for-achieving-success/</guid>
		<description><![CDATA[Successful beta testing starts even before your system is
born! Does that idea sound strange? It&#8217;s not really that
odd when you think that beta testing is meant to involve a
methodical prove-in of a carefully designed system, such as
an electronic device, Web site, or automated tool. It&#8217;s not
meant to be a hit-or-miss,
cross-your-fingers-and-hope-everything&#8217;s-OK Band-Aid that
you can apply at [...]]]></description>
			<content:encoded><![CDATA[<p>Successful beta testing starts even before your system is<br />
born! Does that idea sound strange? It&#8217;s not really that<br />
odd when you think that beta testing is meant to involve a<br />
methodical prove-in of a carefully designed system, such as<br />
an electronic device, Web site, or automated tool. It&#8217;s not<br />
meant to be a hit-or-miss,<br />
cross-your-fingers-and-hope-everything&#8217;s-OK Band-Aid that<br />
you can apply at the last minute.</p>
<p>We&#8217;ve all seen examples of software programs &#8212; even from<br />
well-known, respectable software companies &#8212; that arrive<br />
on our desktops barely breathing. They seem to be full of<br />
bugs, and thereby cause us more grief than they help us<br />
carry out work. Or we try to use a Web site that looks<br />
great, but we can&#8217;t get from the shopping cart to the order<br />
page. Or we buy a new widget, yet even using the<br />
instruction booklet, we can&#8217;t jump from the main menu to<br />
the critical functions the way we&#8217;re supposed to.</p>
<p>Are you anxious to catapult your business into the ranks of<br />
companies that frustrate their customers this way?</p>
<p><span id="more-76"></span></p>
<p>Of course not! Therefore, I&#8217;m confident that you will do<br />
things differently.</p>
<p>That&#8217;s why testing involves such a systematic, tedious, yet<br />
indispensable sequence of activities. Without a method to<br />
the madness, you&#8217;re not doing anything more than randomly<br />
banging on the system to see if by chance you can find a<br />
way to break it. So, what do you need to know to properly<br />
estimate the effort, carry out the process, and keep the<br />
testers happy? Here are 10 strategies for achieving testing<br />
success.</p>
<p>1. Design test scenarios.</p>
<p>What&#8217;s a &#8220;test scenario&#8221;? Each test scenario should be<br />
mirror image of a &#8220;use scenario&#8221; that&#8217;s been guiding a team<br />
to design and develop the system. A use scenario describes<br />
one typical interaction a customer has with the system. For<br />
instance, for an automated teller machine, one scenario<br />
involves a customer inserting a card in order to withdraw<br />
some cash. In another scenario, a customer makes a deposit.<br />
In another, he or she checks the balance.</p>
<p>Scenarios must represent any plausible ways in which users<br />
could interact with the system, including unusual and<br />
unintended actions. So both use scenarios and test<br />
scenarios should account for possible error conditions such<br />
as jammed cards, cancelled transactions, or overdrawn<br />
accounts.</p>
<p>2. Write a test procedure.</p>
<p>A test procedure specifies how testers will exercise the<br />
test scenarios, including the order to follow. In the ATM<br />
example, it might say, &#8220;Test withdrawing cash denominations<br />
in this order: $20, $30, $50, $100. Run another test in<br />
reverse order: $100, $50, $30, $20. Then run several tests<br />
in random order.&#8221; It should also explain what results to<br />
expect in each case.</p>
<p>You&#8217;ll want the procedure to test all new system features<br />
or changes. You&#8217;ll also want the procedure to test features<br />
in various combinations. For example, you might specify 1)<br />
withdrawing cash, then 2) checking balance information, and<br />
then 3) making a deposit. Be sure to vary the order, and<br />
test error conditions.</p>
<p>3. Determine what data you need.</p>
<p>If your system stores values in a database, you&#8217;ll need to<br />
load some typical data to test the scenarios. In the ATM<br />
example, values would include account balances &#8212; for<br />
testing withdrawal limits and giving balance information.<br />
Create the sample data sets and pre-load the systems to be<br />
tested. Don&#8217;t forget to include extremely high and low<br />
values!</p>
<p>4. Plan specific roles for testers.</p>
<p>Schedule each tester to focus on specific test scenarios<br />
and related data sets. If there are enough testers, assign<br />
more than one to cover each test scenario. Each person will<br />
approach it differently.</p>
<p>5. Create a bug reporting system.</p>
<p>It could be designed as a form, a database, an e-mail<br />
message, or a combination. Have testers submit bug reports<br />
as they find errors in each round of testing.</p>
<p>6. Establish a test schedule.</p>
<p>The schedule should allow for several iterations of beta<br />
testing. Be sure to clear the schedules of testers for each<br />
round in which they will be participating.</p>
<p>7. Get all materials ready for testing.</p>
<p>The following items should be ready for the kickoff<br />
meeting: A new or updated system, lists or descriptions of<br />
any bugs fixed,Â  new or updated documentation, test<br />
scenarios and procedures, and so on.</p>
<p>8. Set a start date.</p>
<p>On the start date, hold a kickoff meeting! Also schedule<br />
progress checks. If testers find numerous bugs &#8212; or<br />
especially critical ones &#8212; before reaching a given<br />
checkpoint, stop testing, fix the bugs and/or<br />
documentation, and return to Step 1. Ask before restarting:<br />
Are new test scenarios or data sets needed?</p>
<p>9. Perform a new round of testing for each new test<br />
baseline.</p>
<p>This means starting the complete test from scratch after<br />
each round of fixes. You can&#8217;t sidestep this requirement,<br />
because each time something is fixed, it can &#8220;break&#8221;<br />
something else. Stop the cycles of testing only when no new<br />
bugs are evident.</p>
<p>10. Plan a reward for a job well done.</p>
<p>Testing is very tedious &#8212; so testers need a special<br />
incentive to keep them focused on the goal. Although<br />
they&#8217;re helping to produce a high-quality system, a<br />
post-testing party never hurts morale!</p>
<p>Thorough beta testing is essential for producing quality<br />
systems. If you discover errors you can&#8217;t fix in time, you<br />
could decide to release a system with known defects<br />
(documented in your &#8220;Read-me&#8221; notes). The stakes can be<br />
high, so weigh this option carefully before proceeding.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
Adele Sommers, Ph.D. is the creator of the &#8220;Straight Talk<br />
on Boosting Business Performance&#8221; success formula. To learn<br />
more about her tools and resources and sign up for other<br />
free tips like these, visit her site at<br />
<a href="http://learnshareprosper.com/" target="_blank"><font color="#003399">http://LearnShareProsper.com</font></a></p>
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