Monday, November 30, 2009

Listen closely, there's a change going on

I just went to a get-together, a reunion of sorts and got to listen to dozens of people talking about their lives. It was enlightening. I believe had this meeting taken place two years ago, I would have heard something completely different.

To a person, people said they were pressured by the economy and had readjusted their goals downward. They spoke of their hobbies and part-time pursuits glowingly. Most of them were employed, but were if anything--underemployed--working ultra-flexible jobs at a lower income than they previously had. That flexibility allowed them to play music on the weekend or pursue their art careers, for example.

Location was an interesting topic--most of the people worked at home or at least had the option to work at home when they wanted.

Were they stressed out or unhappy? I'd have to say they were grounded in reality--they were making less money, they had less job security, but they had jobs, flexibility and were pursuing some interesting things.

How does that affect business? I think it says there are plenty of us out there that no longer expect a corner office or high salary (along with the high stress of that job), there are throngs who would like to jump into an opportunity that pays decently, but more importantly offers possibilities--like working from home, playing gigs during the week or hanging out with the kids.

We all know that we have a new economy. Now, we're getting to meet the new work force.



Barry LaBov
LaBov & Beyond
labov.com

Friday, November 27, 2009

Different Kind of Energy

The nation and the world are obsessed with energy--saving it, conserving it, creating it in new ways. Listen to young people talk and you'll learn that energy is invaluable to them. They are mesmerized with solar energy, hybrids, wind farms, etc. Very exciting.

Why is this? It's because we've been lazy for so many years that we're threatening our existence. We've gone along with what is easiest without realizing that we can do better. Now, we're waking up to this and are drawn to new forms of energy like a magnet.

There's another energy that we can provide: personal energy. In our businesses, think of whom you'd rather work with with on your team--a drowsy order-taker or someone who's engaged and energized? For too long, our robust economy has allowed many of us to sleepwalk, it's time to wake up..

If you're a supplier, your client wants someone who will charge them up. If you're a manufacturer, your dealers want you to fire them up. If you're a dealer, your manufacturer wants a dynamic dealer base to propel them forward and to inspire them to engineer and produce the best products.

Sure, we have to be sincere and we have to be focused, not just excited. But our job with our employees, our dealers, our manufacturers--whomever--is to crank it up, to be their department of energy.

In a numb business world, the person or the corporation that ignites the passion in others will stand out and will energize.


Barry LaBov
LaBov and Beyond
www.labov.com

Wednesday, November 25, 2009

Looking out for #1 is looking out for no one

With an economy such as this, there are fewer opportunities for everyone. Companies are fighting over the crumbs they used to step over.

That's why a corporation with a sales channel can't afford to protect itself against the very pipeline it sells products through.

That's why dealers or reps can't protect themselves against the "factory"--the very source it receives the product it sells to customers.

There are enough competitors for the manufacturers and their sales channels out there--they don't need to be competitors themselves. They have to work together, even if imperfectly, to identify and act on how they can be their best. Then they'll have a better chance to beat their mutual competition.


Barry LaBov
LaBov and beyond
www.labov.com