As I mentioned in this space a few weeks back, I’ve begun a new line of consulting involving matching people who are looking to take charge of their business lives and invest in a franchise of some sort with the right franchise for them. So far it’s been interesting work and today I’d like to share a few things I’ve found in this work that I think are applicable to other businesses. By the way, if you’re one of those people who want to be a corporation of one, click here to check out how I can help (end of gratuitous self-promotion).
Many of the things that come up are points that apply when you’re hiring or interviewing for a position yourself. The first is that of shared beliefs. Nearly every franchise gives me a listing of what their ideal candidate looks like. In many cases, they’re not looking at a technical skill set. You can be taught how to refinish a countertop or to run an afterschool program. Instead, I see things such as “belief in helping a community of learners” or “possess a passion to own a senior-focused care company that largely stems from personal experience caring for others.” You can’t teach those things. When you’re hiring, ask yourself if you’re more interested in someone who knows Excel inside and out or someone who will be a supportive member of your team and play nicely with the other kids in the sandbox. I always opt for the latter since I can teach the former.
Another thing that comes up a lot is that of a franchise’s record of success. How well does their system work? What are the financial results that prove it? If you’re looking to take a job because it’s more money, you’re overlooking the fact that the company may be hiring because people are leaving a sinking ship. How long have the current employees been there? Have they come up through the ranks? Why have people left? It’s relatively simple to find out how a company is doing, both from a financial and an employee-relations perspective. Take the time to find out. A larger paycheck is of lesser value if you’re miserable every day.
Finally, I try to help the candidate set realistic expectations about what their prospective business will be about. Very few people like surprises in business. Don’t oversell the job or the company if you’re hiring. Hopefully, you have a great story to tell and you should let the facts and track record speak for themselves. Keep the promises you make. If your expectations don’t align with the company’s or the candidate’s, there’s going to be a massive problem.
I always remind candidates that franchises are awarded, not sold. It’s a mutual job interview, not a business for sale off a shelf to anyone with the resources to invest. Your staff and your career should be treated the same way, don’t you think?
It’s Foodie Friday and today’s topic is an article I came across about something a restaurant chain is doing that I think is a fantastic idea. I’ll admit that I’m an old-school kind of a guy. When I go out to eat with family, friends, or business associates, I like to interact with them. You know: eye contact, conversation, a few laughs, that sort of thing.
That was the norm until about a dozen years ago when suddenly, everyone got smartphones. All of a sudden the table looked like the reading room at a library. Not a lot of talk and everyone with their heads down reading their phones. I hate it, especially since I generally keep my phone off the table and in a pocket when I’m drinking or dining with others. I figure if it’s an emergency, someone will call me. Responding to an email can wait a few minutes while I finish my meal and my conversation. And trust me – the intense argument on Facebook isn’t worth your time or attention.
What this restaurant chain is doing is simple and smart:
The lack of communication among its diners has prompted British restaurant chain Frankie & Benny’s to offer free meals for kids if families give up their phones when they enter the restaurant. The Italian-American restaurant…came up with the idea after examining the results of a survey it conducted about the way adults use their smartphones. After questioning 1,500 parents and children, the results revealed that around 10 percent of kids had at some point hidden their mom or dad’s handset in a bid to get their full attention. More than 70 percent of the children surveyed said they wished their parents would spend less time fiddling about on their phone, while about the same figure said it felt as if their parents preferred to be on their phone than with them.
Sad that it’s come to that but I often feel just like one of those kids. There is a broader point to be made as well. Walk into most meetings these days and one or more of the “participants” isn’t really participating because they’re preoccupied with their phone. Frankly, I’m a fan of turning phones to silent during a meeting and keeping them out of sight. If what’s going on in the room isn’t more important than what’s happening on your phone then either the meeting never should have happened or you shouldn’t be there.
I guess I have a love/hate relationship with my smartphone. I love that almost all the world’s information is right there and that I can communicate no matter where I am (I still remember running around NYC trying to find a working pay phone during a business emergency). I hate the fact that we respond like Pavlov’s dog to a beep or a buzz. I despise that we’re far less connected during our interactions even as we have the ability to be constantly connected. I didn’t like the fact that as the host I had to ask all the kids to put their phones away while the family was eating, at least for 10 or 15 minutes. You would have thought I had asked them to eat turnips.
Try putting down the phone in social situations and see if the quality of those situations doesn’t improve. Try it in meetings too. What do you have to lose?
I’m going to tell you a secret about me. I’m a bit of a weather freak. I check the weather multiple times a day and I rarely miss the weather segment on the 11PM news. If I ever meet Jim Cantore, I’m going to shake his hand and run like hell since disaster is on the way.
I have a favorite weatherperson, but he’s my favorite for a reason you might not have thought about and he also teaches us something about being a great manager. Why I love this guy is simple. He doesn’t just explain the “what” of weather. He explains the “why” as well.
All weather folks tell you the forecast. They let you know if it’s going to rain or freeze or be gloriously sunny. That’s the “what.” Very few, however, will explain to you about water vapor levels and what looking at the infrared satellite view and the radar can tell you about what’s going on in the atmosphere. That’s the “why.” Great managers do the same thing. They don’t just tell their team what they want to be done. They also explain why they want it done and how it fits into the bigger scheme of things. It’s more like telling a story than it is just stating a fact (in the case of weather) or issuing a command (in the case of managing).
I’ll admit that I sometimes used to put the “what” before the “why” as a manager, particularly when there was an emergency situation. That’s a weak excuse, frankly. It doesn’t take more than an extra minute to preface the what with a why and then add on a “how” for good measure. Even in most crisis situations, there is an extra minute to do that, and it often results in a better result and a more united team as the crisis is conquered.
When you watch your weather tonight, listen for the “why.” Do the same to yourself as you’re asking your team for help. Do you hear the “why”?
One thing I learned after I began managing people many decades ago is that even though it’s called “work,” it doesn’t have to seem that way all the time. Since I was still pretty young (24) when I got my first managerial responsibility, I still placed a good deal of emphasis on having fun as well as getting the work done. In fact, most of the time when problems arose it was because I had failed to act in a way that would be how I would want my boss to act or that I’d forgotten that for most people, work is what they do and not who they are. Let me explain why remembering to have fun is just as important as remembering to get things done.
I felt I was running a benevolent dictatorship. What I mean is that most decisions were mine because I bore the responsibility for them to the powers that be whether I had made them or not. However, I rarely took those decisions in a vacuum. I got input from my team and always encouraged them to voice their opinions. They knew that I might not decide to do things the way that they wanted but that I’d listened and considered their thinking on the matter.
That’s part of having fun. It’s letting every member of the team feel valued. It’s taking what we were doing together seriously but not taking ourselves so seriously. I read somewhere that great leaders are ambassadors of happy. I like that, especially since I’ve worked for a few bosses to whom “happy” and “staff” were never words that intersected.
People have fun when they know what to expect from their leader. When leaders make a conscious effort to have fun, whether via silly signs or self-deprecating humor or through the constant appreciation of the good work of each person on the team. That’s when “work” becomes a place that’s a lot more than a job or a paycheck. Ask yourself, “are we having fun yet?” Ask your team too. Are you? Are they?
This Foodie Friday sees us trying to answer the all-important question about whether to tip on the pre- or post-tax amount of the check. I suppose in some ways this falls into the category of “is a hot dog a sandwich?” but it has practical implications for the people on the receiving end of those tips, your waitstaff.
The thought for this was put in my head by an ongoing column on The Takeout, called Ask The Salty Waitress. Rather than getting caught up in the philosophical arguments for and against tipping off the taxed amount, she does something that I have often urged people in business to do: look at the practical and not at the hypothetical. She takes us through the math of the financial implications of tipping each way. In the end, it amount s to a $2 difference in a high tax area on a $100 check. Her feeling – and mine – is that the $2 probably means a lot more to the tippee that to the person eating out in a nice place.
This happens in business all the time. I’ve seen dozens of times when a meeting devolves into a heated argument over something in a contract. Everyone is standing on their principles but neglecting the real world. Often, when you can get the meeting to focus on the actual differences of conceding a point and getting something done vs. standing on principle and prolonging the discussion, the actual differences are actually pretty insubstantial, like the $2 tip.
Call me a pragmatist or call me someone who prefers to spend his time on things that warrant it, but my first instinct is always to figure out what the real outcomes are. If the result of taking either path is to have you end up in pretty much the same place then I’m taking the path of least resistance. You?
I went to see my parents last week and my Dad and I got to talking about business as we often do. In the course of the conversation, we got into how things are different today from when I broke into the business world and not all for the better. No, today isn’t another chapter in “Keith Is A Cranky Old Man”, but please bear with me if I sound like one along the way. Like the proverbial pile of pony crap, there’s a pony in here someplace.
When I got into business and for the first 20 years I was there, things weren’t all that different from when my Dad was in the same business. The business model was the same and the processes for conducting business was pretty much the same. He was more of the “Mad Men” era than I was although I caught the very end of it in many ways. Things started to change two decades in – they got faster, more complicated and far less personal than when he was a TV guy.
One thing that didn’t change was you had to learn how to carry yourself like a pro. You had to learn how to interact with clients. You had to learn how to dress and to drink (yes, three-martini lunches were real). The older sales types would rib us younger guys mercilessly but they were training us, much as professional athletes will mess with rookies even as they’re teaching them how to dress and behave. I feel as if that’s gone today in many ways and I’m not a fan.
What’s changed now, another two decades in, is that there is so much unprofessional behavior that I’m beyond angry – I’m kind of sad. People who I barely know will ask me to make an introduction to someone they know I know. It seems as if many younger people operate in a transactional way – what can you do for me – rather than on an interpersonal way. Carrying themselves with character and decency seems a foreign notion. Showing up on time and dressed for business (not in a tie, not in a suit, but not in jeans and a T-shirt either) when you have a meeting are foreign notions.
The people who don’t need loans are the ones to whom banks want to give them. I always tried to look like I didn’t need a loan when I went in to ask for one. I carried the same thinking into my business life. Look successful. Carry yourself as if you are and understand the metrics that identify you as successful in your job. Be a pro. Don’t whine. Pitch in. Care about others and the team as much as you do yourself. Is all of that short for grow up?