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Management and Strategy

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January - 2012 New Year’s Resolutions
Most people believe that if you continue to behave in the same way, you will continue to produce similar results. 20 years ago this statement may have been true. Today it simply isn’t. In today’s world of business, organizations that continue to do what they’ve always done will not maintain their position. In 2012, maintaining the status quo can be detrimental – there is simply too much innovation and rapid information flow to rest on your laurels. With this in mind, I’ve got a few questions for you…
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January - 2012 The Rule of Five
In a recent strategic planning session, our TAB facilitator suggested that we embrace “The Rule of Five” when developing our annual business plan. The rule has two components: first, develop no more than five objectives, and second, each objective should have no more than five strategies. I tried it with our most recent plan, and the benefit has been obvious…
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Operations

January - 2012 Improving Email Efficiency and Response Time
Going through email can take quite a bit of time on a daily basis. Employee emails range from FYI copies to keep me in the loop, to messages that require a rapid response. The problem is I usually have to open and read the email to assess its importance…
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Share the Chair

We have team meetings on a regular basis to review company performance and issues. I had been leading the meetings, but I discovered that having a different team member chair each meeting increases the level of participation. Plus the meetings are more productive because people are taking ownership and feeling more empowered.


By : Peter Vandenberg, Vandenberg's Fine Jewelry, Winnipeg, MB

 

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Handwritten Notes can be a Differentiator

In our December Board meeting the topic of communicating with clients, customers and prospects came up. One member reminded us that saying “thank you” after meeting with someone is very important, and that people really do appreciate a handwritten note. Taking the time to say thanks in a very personal way – ideally within 24 hours of your meeting – will help them remember you when it’s time to purchase the product or service you offer.


By : Mary Polsely Williams, West Fairfax VA Board 301

 

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Audio-Visual Cues Improve Communication

Did you know that 70 percent of what we see and hear is retained? This statistic should impact everything we do in our businesses, and video can help. Online videos are an obvious choice for marketing, but you can also use video effectively during sales presentations. Video also works wonders for training, helping employees and customers understand and retain more. We all have a need to communicate more effectively, and when we do so with video, we accomplish more in a shorter period of time.


By : Michael Richards, Melchiah Group, St. Charles, MO

 

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Setting and Meeting Deadlines

When setting a deadline to complete a task, never select the beginning of a month. Pick the last day of the prior month. This way, you avoid letting the task slip deep into the new month. A stronger approach is a definitive deadline that must be accomplished before the month ends.


By : Christoper Ulrich, The Direct Response Group, Melville, NY

 

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