Showing posts with label business closing. Show all posts
Showing posts with label business closing. Show all posts

Tuesday, November 18, 2008

Don’t Accept the Big Bad Economy by Mark Tewart


Don’t Accept the Big Bad Economy

By Mark Tewart

I couldn’t help but notice all the doom and gloom in several blog posts, especially in regards to Starbucks closing 600 stores. Yes, the economy is tough, but the most important economy is between your ears. If you keep reading about the bad economy and you keep telling everyone how bad it is, you’re allowing yourself to have a bad economy and to perpetuate that it is okay to struggle. The media will do enough of that — don’t help them. Bad economies come faster and stay longer because of media reports that are spread virally by people.

No matter the conditions, you are always in charge and there are always opportunities. I would invite everyone, when someone tells you about how bad it is, to simply reply that you heard about the bad economy but you refused to participate. All the governments, presidents and economic policies in the world cannot make you a prisoner or a victim if you refuse to allow it.

I invite everyone to look at the economy as an opportunity. This is a perfect opportunity to look for additional revenue streams and niches. Replace your daily regimen of TV news, radio news and newspapers with self-improvement material. Learn new skills, read motivational and educational material. Become more valuable to others and money will come to you no matter the economy. The world is an abundant universe. Money is abundant. Money simply shifts and moves towards value. Money is nothing more than a physical form of exchange. Value given, value received. It’s the duty for all of us to perpetually increase our value. The money

you make tomorrow will be because of what you did today.

You can read the story of Starbucks and see that 600 stores are closing and see doom

and gloom, or you can look at the total Starbucks story and see one of the largest and fastest expansions of any company in history. If Starbucks is smart, they will use this as an opportunity to grow for the future — or, like most big dumb companies, they will think scarcity. The root of the word “scarcity” is “scared.” I would invite Starbucks - and any person - to stop accepting the worst-case scenario. Your mortgage company, grocer or oil company does not care if there is a bad economy. If you are looking for sympathy, it will only come from others who have decided to become prisoners to the bad economy. My wish for you is to not allow that. My wish for you is prosperity and abundance. The choice is ours. We can choose to win or choose to lose, but the choice is ours.

Mark Tewart is a professional speaker, consultant, entrepreneur and author of “How To Be A Sales Superstar – Break All the Rules and Succeed While Doing It available in book stores and Amazon. You can contact Mark Tewart at info@tewart.com or www.marktewart.com

Mark Tewart’s websites include: www.marktewartlive.com, www.marktewart.com and www.howtobeasalessuperstar.info

To read the first chapter of How to be a Sales Superstar and to receive several FREE bonuses from Mark Tewart, visit www.marktewartlive.com.

Full tour details are posted at http://virtualblogtour.blogspot.com/2008/10/how-to-be-sales-superstar-by-mark.html

Thursday, August 7, 2008

Tough Economic Times Calls For Strong Leadership

Strong Leadership Needed in

Challenging Economic Times

by Hugh Ballou

“When times get tough, the tough get going.” - Anon.

"Nothing else in the world... not all the armies... is so powerful as an idea whose time has come." - Victor Hugo


- Economic News Headlines -

“GMAC posts $2.5 billion loss in 2nd quarter”

“Auto parts supplier Dana to cut 2,500 more jobs”

“Sara Lee swings to loss based on wheat costs”

Each day in the news we hear of the problems and/or failures in companies, such as mentioned in the headlines above. These companies are having a hard time in this difficult economy. How can you protect your company from these same kinds of problems? I don't claim to know what the problems were at these companies, but here are some examples and suggestions to help you protect your company during these difficult economic times.

In the challenging state of the economy, good leaders shine and poor leaders are exposed as ineffective. In many situations, the fate of organizations could rest on the skill of the leader. The way decisions are made and the attitude of the organization is key to success in tough economic times.

Symptoms of Poor Leadership

In the stress caused by a down economy, weak leaders and those they lead can be paralyzed by seeing only problems and challenges. This brings out negative actions by leaders. Here’s a list of behaviors that negatively influence employees and team members:

· Control: Asking for too many reports (sales calls, activity logs, etc.) that take time and send a message of mistrust.

· Micromanagement: Setting activities and schedules to tell employees not only what to do, but also how to do it. This sends a message of lack of confidence.

· Blaming: The leader blames others for situations beyond their control, or worse yet, blames others for situations they have created through poor leadership. This sends a message in incompetence.

· Silos: Departments or divisions draw into their ‘”own space” and do not effectively communicate or relate to the others. This sends a message of a hidden agenda.

· Attitude: A negative attitude not only makes hard work more difficult, but it instigates other negative attitudes. This sends a message that failure in ahead.

· Obstacles: False evidence appears to be real. A poor leader sees only obstacles and is bound by the restrictions implied by these obstacles. This sends a message of fear.

Solutions Provided by Strong Leadership

As some organizations cut back and build trenches for hibernation fearing loss, visionary leaders choose to put resources into building systems, strategies, skills and relationships to address the existing market. Here are some actions that strong leaders take:

· Training: Put resources into building skills of leaders and team members. This results in improved skills for addressing the future.

· Planning: Build action plans to address obstacles. This results in a culture that reframes barriers into opportunities.

· Coaching: The effective leader always has a coach and learns to coach team members. This results in improved relationships.

· Empowering: Allow team members to utilize their skills and talents and mentor them with information and strategies as well as budget. This results in new paradigms. This results in greater synergy in the team.

· Envisioning: Brainstorming and planning the future with team members creates trust and new ideas for action plans. This results in increased trust.

· Affirming: Along with allowing team members to utilize their skills, affirm good work. This results in the refocus of apathy into enthusiasm.

· Reframing: Be the model of what you expect from your team. Look at possibilities, not limitations. Be honest about the facts while looking at the options. This results in improved attitude.

· Reorganizing: Consider realignment of tasks and duties. Some team members many have become stale in their area of responsibility and the reassignment of duties might spark some interest. This results in greater ownership of the whole vision as well as individual areas of responsibility.

· Collaborating: Build cross-disciplinary project teams. People from different departments or divisions can team with others creating new visions for success. This results in greater effectiveness since tasks can be swapped and combined.

In challenging times the effective leader and a leader in training can demonstrate their worth to the organization. It’s a time to concentrate to building resources, strengthening relationships, fine-tuning systems and structures and working to improve personal skills. The great leader always articulates and shares goals and stays focused on the vision for the future.

As a final note, be sure to celebrate. Each success can be a celebration that brings momentum to the next accomplishment.

Hugh Ballou

Hugh Ballou is president of SynerVision International, Inc., an international consulting, coaching, and training practice in Blacksburg, Virginia. His unique insights for leadership training and teamwork come from his 40-years of experience as choral and orchestral conductor bringing harmony and synergy to group process. Hugh’s specialty is working with business owners as process coach and business strategist with clients in many countries.

His skill in teaching the collaborative leadership model is practical and proven in the trenches with his work in mega churches, non-profit organizations and businesses of all types.

He has published five books on Transformational Leadership: Moving Spirits, Building Lives: Church Musician as Transformational Leader, Moving Spirits, Building Lives A Workbook for Transformational Leaders, Building High Performance Teams: Systems and Structures for Leading Teams and Empowering Transformation, Leaders Transform: A Transformational Leadership Resource (Fall 2008), and his newest book: Transforming Power: Stories from Transformational Leaders to Inspire and Encourage and numerous articles on Transformational Leadership.

For more information

Transforming Power: http://www.transforming-power.com

Hugh Ballou: http://www.hughballou.com

Book information is available at http://www.amazon.com/Transforming-Power-Transformational-Encouragement-Inspiration/dp/0881775312

For full tour details, visit -http://virtualblogtour.blogspot.com/2008/06/transforming-power-virtual-tour-with.html

A SPECIAL BONUS TO EACH PERSON WHO PURCHASES TRANSFORMING POWER TODAY – Hugh Ballou has compiled a list of great FREE bonus gifts for anyone who purchases Transforming Power today. To see a sample of the items that are being given away, visit http://www.transforming-power.com. Just buy a copy of Transforming Power, return to this page and click to submit your invoice number to receive the web page link to download all of these gifts for FREE.