Being at the right place at the right time has been the
formula for success for many businesses. It’s no accident that companies that
succeed have the right product, readily accessible. How can you be in “the
right place at the right time”?
Every business is part of a unique community – at the
core are management and their employees. Closely related to the business are
its loyal customers, key vendors, and investors or shareholders. The rest of
your customers make a wider circle. At the outside edge of your community are
potential customers. There are those that know about your business and have an
opinion of you, and those that don’t know about you yet, but would like to. To
succeed, you need to bring each element of your community into greater
involvement with your business.
Right relationship means having the right resources
(products, information, ability to respond) to interact at the level and in
the way that each element of your community wants. We have all been put off by
aggressive telemarketers, whose strategy is to invade enough people’s lives
that they find the few people that want what they are offering. In a small
town like ours, your reputation is everything.
You have the most control over the experience people have
at the core of your community. Relentlessly improving on this experience puts
you in the “right place at the right time” from your customer’s point of
view.
People’s perception of your business is built on a series
of “moments of truth” – the experience they take with them when they interact
with your business in some way. Identifying the “moments of truth” for your
business is the first step in getting control over what you communicate. How
do your customers discover that you exist? How do they find out what you are
offering? How do they buy from you? And finally, how do they use what they
buy? Although this might seem rather basic, it is often forgotten in the rush
to “market” your business. By thinking about your target market as a community
of people with differing expectations based on their prior involvement, you
can tailor your interaction to meet them where they want to be met.
Success starts with knowing what business you are in, and
clearly and consistently communicating your “value proposition” in everything
you do. You don’t go to Home Depot for milk. Your communities’ expectation in
interacting with you is set by their perception of what you offer. Your core
community, especially your employees, need to be thoroughly trained in what
you offer and how, and just as importantly, what you don’t do. Every
communication channel needs to reinforce this message.
Next, you need people who are competent to serve your
customers. From the customer’s point of view, your business is what they see.
The biggest part of this is interactions with your employees. By serving your
employees, you set the example in how they serve your customers. Every person
in your business is serving a customer, or serving someone who serves a
customer. Your circle of influence starts with you, and how you interact with
your staff. Service doesn’t mean obeisance. It consists of respect, clear
communication, excellence, integrity, and focusing on mutually desired
results. Not all employees are right for your business, just as not all
customers are. Clear expectations, consistently communicated, make all the
difference.
The last element is the systems you use. The best
employee in the world will do a poor job without the right information and
tools. By identifying moments of truth, and anticipating every contingency in
a customer sales/service cycle, you can have a response ready that reinforces
and delivers on your “service proposition”. Good systems empower your
employees to deliver on the promises you make to your community of customers.
They increase productivity, allowing you to do more with less. In
manufacturing or farming, systems are equipment that is flexible and fully
integrated, and provides rapid feedback to management. In the service
industries, systems are often about gathering, organizing, and accessing the
right information at the right time. Employees need current information about
inventory, margins, and customers. Management needs to know what is selling
and why. A good system feeds back on itself, telling you what works and what
needs to improve. By measuring the right things, you put your business in the
right place at the right time.
The “value proposition”, the right people, and systems
that enable your staff combine to put you in the right place with the right
product for your community of customers. As technology advances, systems that
only big businesses could afford have become feasible for small businesses,
changing the landscape for those that are willing to seize the opportunity.
Tim Torian
teaches computer networking at the College of Sequoias, and has owned and
managed several businesses. He is president of Torian Group, Inc. which
provides a full range of Technology Consulting services to local business,
including computer services, networking, and custom software development. They
can be reached at (559) 733-1940 or on the web at http://www.toriangroup.com