Tag Archives: Reality checks

Trust

Johnny Carson turned around his TV career with a show called Who Do You Trust.

Johnny Carson

Ultimately, I think marketers can do the same for their many of their campaigns by asking exactly the same question as if they were their consumer targets.  Whom do they trust?  The answer is “not you” until you’ve earned it, and the places and ways to do that are, increasingly, via social media of some sort.  After all, eMarketer “forecasts that Facebook will have nearly 826 million users around the world this year, up from 650.7 million in 2011.”   Furthermore, a survey of US adults conducted by About.com found that 84% of respondents felt that brands needed to prove themselves trustworthy before they would interact with them or other information sources. The study found that there were 10 primary trust “elements,” or cues, that brands must establish in order to engender trust, including accuracy, expertise and transparency.  eMarketer again:

In a social media context, customers wanted to see that brands had a significant number of positive reviews, and that they didn’t go out of their way to hide the negative ones. The survey found that 41% of respondents said the ability to see reviews on social networks added to their feeling of trust in a brand. Reviews played a bigger role in cultivating trust than seeing that friends had “liked” or recommended a brand, or that the brand had accumulated a large tally of “likes.”

Friends trust their friends or friends of friends or entities that are human, particularly when they’re in review mode.  Corporeal things, not corporate things, if you will, until those corporate things have a human face. Earlier this week I’ve written about how brands need to stop behaving like brands as well as how a cup of soup had a ton of marketing value while some marketing expenses fell flat.  While I hadn’t really planned out a theme week here on the screed, maybe a reminder each day that we need to speak to our audience transparently, honestly, and in a human voice isn’t a bad thing.  What do you think?

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What A Soccer Player Teaches Us About Business

I spent part of the weekend watching the UEFA Euro Tournament.

European football government body badge

(Photo credit: Wikipedia)

If you’re into the sport of soccer, it’s must-see TV and the matches have, in general, lived up to the tournament’s stature as the best football tournament on the planet behind the FIFA World Cup.  During one of the games, the commentator described a player in a way that triggered an immediate business thought and that’s today’s topic.

The defender was described as having “a lack of pace but always a perfect reading of the situation so he’s quite valuable.”  In other words, he has the ability to read the situation on the field, react appropriately, and is rarely out of position even though he’s pretty slow relative to the other players on the pitch.  In my mind, that’s a good description of some desirable business traits as well.

How many executives do you know that act on knee-jerk reactions?  When they’re right, they’re often ahead of the field or have headed off a problem before it starts.  When they’re wrong, however, they often spend resources chasing markets that don’t develop or betting on new technologies that never pan out.  They end up out of position.

As businesspeople we can’t confuse activity for progress.  Moving quickly is always desirable but moving a bit more slowly while compensating for our lack of speed with a much better understanding of the situation is even more desirable in my book.  It’s not a particularly new thought:  we’ve all heard the fable of the tortoise and the hare and I expect we all know a few folks we’d describe as “slow.”  Slow is, in my mind, a relative thing – if they get to where they need to be because they can analyze a situation and react appropriately within the available time frame, they’re pretty valuable.

How about in yours?

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Filed under Helpful Hints, Thinking Aloud

Overtime

I’m kind of tired this morning.  I stayed up to watch the first overtime period of a hockey game last night, which turned into a second period and then a third.  In the NHL, playoff overtime periods are the same 20 minute length as a period in a regular game, so it was the equivalent of watching almost a complete second game.  The thing that always strikes me about OT (as overtime is commonly known) is how the players deal with it.  After all, they’re told to put out 100% effort during the game, so what’s left in their tanks if they’re doing that?

into.overtime

(Photo credit: MelvinSchlubman)

It’s a good question for all of us in business.  Then again, we don’t play OT since there’s really no game clock any more.  Overtime is the quaint notion that there is work beyond normal working hours for which we get paid additional money.  Of course, with our “always on” technology, it’s not unusual to receive (and reply to) emails and documents at any hour.  In fact, I’ll bet most of you get antsy if you send a note at any time and don’t receive a reply within an hour.

There are lots of issues here.  The biggest is the same one the players face.  They’ve given everything they have to win during the allotted time and then find out that because they haven’t accomplished the goal they’ve got to continue to give more.  Can they?  These OT games often come down to conditioning and team management – who’s got the fresher legs.  That’s why as managers, we need to make sure our people are pacing themselves since there is no clock in business any more.  Sometimes our best performers will burn themselves out if we don’t make sure they’re turning off the mail and setting the phone to mute, at least on the weekend.

The notion of paying people for overtime work is a fair one yet I don’t know how anyone keeps track.  Business is not just done in the office and burnout can happen anywhere.  There is no clock in business – most of us don’t “punch in” and “punch out.”  As a result, we need to be cognizant that the game might go into OT, the little breaks in between periods of game action won’t be enough to fully recover, and we need to have the stamina to compete.

Make sense?

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