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Table of Contents

INTRODUCTION - THE POWER OF PEER GROUPS
  • Where Did All These Ideas Come From?
  • What a Peer Group Can Offer You
  • Other Types of Business Groups
  • What's Different about Paid Peer Groups
  • How to Use this Book
CHAPTER 1 - THE BUSINESS OWNER'S ROLE/MANAGEMENT STRATEGIES

Responsibilities
  • "What Is My Role?" (Case Study: Bill)
  • Measuring Risk: Don't Be a "Seymour"!
  • Crafting a Corporate Culture
Management Styles
  • Riding the Horse vs. Driving the Team
  • The Chameleon Effect
  • Let Chaos Reign…Then Rein in Chaos
  • Are You a Benevolent Dictator? (Case Study: Julie)
  • Stop the Bus! Giving Non-Performers A Transfers
  • What's Your Company's Driving Force?
Leadership
  • True Leadership Means Breaking the Status Quo
Improving Internal Communication
  • Not Another Meeting! Or, How To Make Meetings More Meaningful (Rules of Engagement)
Delegation
  • Delegation…Not Abdication
  • Your Aging To-Do List
  • Don't Do Well What You Shouldn't Do At All (Case Study: Henry)
Goal Setting & Performance Evaluation
  • Goal Setting: The Key to Performance Evaluation
Miscellaneous Management Strategies and Ideas
  • An Alternative to the "Non-Compete" Contract
  • When Employees Are Hired Away by Your Customers
  • How To Stop Runaway Legal and Accounting Expenses
  • Baker's Dozen: Ideas for Outsmarting a Soft Economy
  • Turn Brown Into Green: How To Reduce Your Shipping Costs
  • Greener Pastures: Realize Savings While Relocating
  • Seminar Amnesia: Hold Employees Accountable for What They Learn
  • Conducting SWOT Analysis
  • Faux Searches-A Competitive Tool
  • Making Commitments, or How to Eat an Elephant
CHAPTER 2 - SALES

Your Unique Selling Proposition
  • Do You Know Your USP?
  • Crafting Your 30-Second Introduction
The Sales Funnel
  • Defining Your Sales Funnel
  • What's the Best Way to Compensate Sales People?
Expanding the Sales Force
  • When You're the Rainmaker
  • High-Powered Hiring: Finders, Minders, and Grinders
Referrals
  • How to Get and Use Referrals (Case Study: Lyle)
  • Turn Up the Heat: How to Cook Up Hot Referrals
CHAPTER 3 - SALES MANAGEMENT

Sales Management Responsibilities
  • The Gestation Period of a New Salesperson
  • How Do Your Train A Salesperson?
Recruitment
  • Creating a Sales Profile (Case Study: Clarence)
  • Where To Find Your Next Salesperson
  • What Do You Do When You Can't Find the Right Salesperson?
Sales Priorities
  • Classifying Customers: You Can't Sell to Everyone
  • When and How to Fire a Customer
Miscellaneous Ideas
  • Improving Expectation with Customer Advisory Meetings
  • How to Find Manufacturer's Reps
  • How to Get the Most from Manufacturer's Reps
CHAPTER 4 - MARKETING

Branding, Positioning, and Differentiation
  • Achieving Differentiation: What Are You Willing To Give Up?
  • Pricing and Positioning Strategies
  • Defining Your Customer
  • Mind Share, Market Share
  • Branding a Service (Case Study: Aaron)
The Marketing Plan
  • Creating a Marketing Plan and Budget
Tactics
  • Trade Shows: Before, During, After
  • Using Public Relations: Let the World Know!
  • Making Your Ideas Contagious
  • Creating a Full-Blown Communication Program
  • Mining for Treasure: Data Base Mining
  • The Gift that Keeps On Giving: Giving Your Products or Services to Charity
CHAPTER 5 - PERFORMANCE AND ORGANIZATION

Organization Concepts and Structure
  • Creating Measurable Standards
  • Creating a Three-Year Organization Chart
  • Raising the Bar
  • Starring and Supporting Roles
  • Don't Hire Anyone You Can't Fire (Case Study: Sam)
Employee Evaluation
  • Creating Job Descriptions and Personality Profiles
  • Evaluation Methods
  • Evaluation vs. Valuation
Terminations
  • Truth or Consequences
  • The 20% Rule
Incentives/Compensation
  • Bah Humbug! Doing Away with the Christmas Bonus
  • Unusual Incentive Approaches
  • Golden Handcuffs: The Anecdote to Greener Pastures
  • The Golden Hello
  • Wowing Your Employees
  • The Elevator Test
  • The Employee Benefits Report Card
  • How to Minimize Turnover
CHAPTER 6 - HUMAN ASSETS

Recruiting
  • The 24/7/365 Recruiting Program (Case Study: Joe)
  • Recruit Like You Market
  • Is Your Website Soft and Fuzzy?
Interviewing
  • What Candidates Lie About
  • Innovative Interviewing Techniques
  • 48 Open-Ended Interview Questions
  • The Importance of Humor (Case Study: Terry)
Staying Out of Trouble
  • Nice Guys End Up in Lawsuits
  • The Benefit of Exit Interviews
  • How to Handle Severance Issues: The Severance Release (Sample document included)
  • Documenting Progressive Discipline
Cutbacks, Layoffs, and Outplacement
  • Overcut-The Kindest Cut
  • The Politically Correct Way To Get Rid of a Political Problem
Ideas for Your Benefit Program
  • Cutting Health Insurance Costs (Without Cutting Benefits)
  • How About Barter Benefits?
Enhancing Employee Attitude
  • Watch Out for Organization Destroyers (Case Study: Desmond)
  • Using Outside Evaluations
  • Maximizing Employee Communications
  • Get Behind the Grill! (Case Study: Joanne)
CHAPTER 7 - INNOVATION AND IMPLEMENTATION

The Necessity of Change
  • Does Your Culture Encourage Innovation? (Quick quiz)
  • The Pain of Change
  • Evolution, Not Revolution
Implementation
  • Innovation vs. Process
  • Change Champions (Case Study: Al)
CHAPTER 8 - FINANCE: MONEY-FIND IT, GET IT, KEEP IT

Cash Flow
  • Performing Cash Flow Projections
  • Managing by Cash Flow to Get Out of Trouble
  • Getting the Most from a Financial Loss
  • Avoiding Bankruptcy with an "Informal 11"
  • Dealing with a Customer's Questionable Credit
  • Fresh Collection Strategies (Case Study: Ken)
Banking Relationships
  • Know Your Lending Officer (and His Boss)
  • How to Communicate Negative Information
  • Project Your Needs: Don't Work Hand-to-Mouth
Miscellaneous
  • When Do You Cut a Customer Off?
  • Loaning Money to Your Company? Protect Yourself!
CHAPTER 9 -SUCCESSION AND TRANSITION

Having a Life Plan
  • Make an Appointment with Your Life
  • What About the Kids?
  • Do You Have A Successor?
  • Taking the Vacation Test (Case Study: William)
Exit Strategies
  • Developing Your Exit Strategy
CHAPTER 10 - 60- SECOND DIAGNOSTIC TESTS
  • Overall Management and Organization
  • Sales and Sales Management
  • Marketing
  • Operations
  • Human Resources
  • Compensation
  • Finance