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Managment Matters

Welcome to the July 26th, 2007 issue of BOSSMENTOR® Business.

“Capital isn't scarce; vision is” – Sam Walton.

 

BOSSMENTOR® Update

This month’s update is to let you know that we have some new resources and tools coming your way with our new website look, being released next week.

For those of you who have trouble recruiting and managing a growing team, you will find answers to many of your challenges in our latest product: the People Management Blueprint.

 It is a really easy to follow 12-step system for recruiting and managing a growing team. 

One of our newest clients had this to say about it: “It’s brilliant! I just wish I had it 3 years ago.”

More updates next time on the new resources and info we’ll be developing just for you!

Feature Article

 Take The Test – How Well Do You Recruit And Manage Your Team?

 

Whether you recruit new members to your team by yourself, or use an external recruitment firm, the same requirements apply.  If you aren’t clear on their role, accountabilities, what you’re looking for and what your priorities are, then don’t expect anyone else to be able to find the right person for you.

 

The following ‘test’ is simply based on ‘yes’ or ‘no’ answers.  See how well you go:

 

  1. Do you write a Position Description before you employ each new person into your company?

 

  1. Are you clear on what you are going to offer and the benefits for the employee?

 

  1. Do you consider your offer from the interviewee’s perspective?

 

  1. Do you know what questions to ask in the interview to uncover certain capabilities and attitudes?

 

  1. Do you take time to build rapport and employ people you like?

 

  1. Do you have a process to assess all the candidates from a consistent perspective?

 

  1. Are you always decisive when it comes to choosing the right person to employ?

 

  1. Do you have a way to keep all your people accountable?

 

  1. Are you completely clear on your own role and accountabilities?

 

  1. Do you have a system that enables you to spend less hands-on time recruiting and managing your people?

 

Rating:

Count the number of ‘yes’ answers you have and refer to the ratings below:

 

8 or more         You are a legend!! Well done. Way above the norm on this particular test…….

 

                        By the way, Question 5 is a trick question!

 

5-8                   Not bad.  You’re doing a reasonable job in a difficult management area. If you were to use the People Management Blueprint, you’d make life a lot easier!

 

<5                    Get help!! By not having a system in place you’re making things way too difficult for yourself. Get the People Management Blueprint!!

 

© 2007 BOSS Management Group Pty Ltd. All Rights Reserved.

 

BOSSMENTOR® Best Info

I received an invitation this week to hear a speaker from the US, Michael Bergdahl, make an auditorium-sized presentation on what he learned working with Sam Walton.  His theme is around ‘Picking Walmart’s POCKETS’. Since there is usually a book or two behind every ‘mega’ speaker, I decided to investigate any books written by Michael.

 

Not surprisingly, he has written several books sharing what he learned during his time at Walmart. The book on which his upcoming event is based is called “What I Learned from Sam Walton“ and for all those who sell into and work with major retailers, it is essential reading.  For everyone else, it’s still a great business reference book! The acronym of ‘POCKETS’ stands for Price, Operations, Culture, Key item promotion, Expenses, Talent and Service.  The book (and the speech) focus on not competing on price when faced with the pressure from dealing with major retailers, and rather finding a niche in other areas.

 

Go to www.michaelbergdahl.net for his site and to buy this and other books.

 

And just on Walmart, here are a few more memorable quotes from the man himself, Sam Walton:

  • “Appreciate everything your associates do for the business. Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They're absolutely free and worth a fortune.
  •  High expectations are the key to everything.”
  • “Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it's amazing what they can accomplish.”
  • “I have always been driven to buck the system, to innovate, to take things beyond where they've been.”

 

About BOSSMENTOR®

Business consultant and mentor, Jenny Stilwell, is the creator of BOSSMENTOR® Business and the Director of BOSS Management Group.

 

Jenny helps her clients take control of their business growth, so they can focus on what’s important in their lives.  She helps her clients get really clear on strategy, structure and business growth, as well as provide proven strategies, tips and resources to help business owners achieve success. Learn more now at www.bossgroup.com.au.

 

BOSS Management Group, Suite 3, 8A St Andrews Street, Brighton, VIC 3186, Australia. Phone: +613 9592 3844, info@bossgroup.com.au.

 

 

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WANT TO USE THIS ARTICLE ON YOUR WEBSITE OR YOUR OWN EZINE? No problem! But here’s what you MUST include: Jenny Stilwell is the creator of BOSSMENTOR® Business, a FREE ezine for professional, lifestyle oriented business owners wanting to confidently increase the value of their business, ultimately spending less time in it. You’ll get proven strategies, tips and resources designed to help you achieve success. To receive your free e-book information, and sign up for how-to articles on creating and managing business growth, visit www.bossgroup.com.au .