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Monday, April 30, 2012

10 things commencement speakers won't say (but should)

Having given a number of commencement speeches I assure you the following advice is important. Jim

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Class of 2012, the world is your oyster, follow your dreams, oh the places you will go, and every motivational commencement speech cliché in between. Graduation day is filled with goodbyes, new beginnings, and a whole bucket full of question marks. A rousing speech by a notable person will probably offer an emotional high on your last day as a student, but don't allow yourself to get too wrapped up in their carefully crafted words.

Former commencement speech writer Charles Wheelan advises that you digest a commencement speaker's words with a heaping side dish of reality. Wheelan shares the ten things your commencement speaker won't tell you in a bookmark-worthy Wall Street Journal essay that offers relevant tidbits to both recent grads and those that tossed their graduation hat years ago.

A sampling:

Your parents don't want what is best for you. They want what is good for you, which isn't always the same thing. There is a natural instinct to protect our children from risk and discomfort, and therefore to urge safe choices. Theodore Roosevelt—soldier, explorer, president—once remarked, "It is hard to fail, but it is worse never to have tried to succeed." Great quote, but I am willing to bet that Teddy's mother wanted him to be a doctor or a lawyer.

Some of your worst days lie ahead. Graduation is a happy day. But my job is to tell you that if you are going to do anything worthwhile, you will face periods of grinding self-doubt and failure. Be prepared to work through them. I'll spare you my personal details, other than to say that one year after college graduation I had no job, less than $500 in assets, and I was living with an elderly retired couple. The only difference between when I graduated and today is that now no one can afford to retire.

Full list at WSJ.

Tons of life improvement tips in one place.

Photo credit: Fotolia

Need a speaker?

Jim Woods is president and founder of InnoThink Group; a leading Strategic Management and Innovation Consulting Firm in Denver, Colorado. He is an author, speaker, and a strategic innovation and hypercompetition expert to profit, non-profit organizations and municipalities. He advises clients with an objective view of their competitive capabilities and defines a clear course of action to maximize their innovation return on investment to achieve profitable growth. Build a capability for ongoing competitive innovation across your company. Call 719-649-4118 or complete our form: contact us for more information on hiring Jim to advise or speak for your next event.

Sunday, April 29, 2012

Concept To Company in 54 Hours: What Will You Do Next Weekend?

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Imagine that you have 54 hours and full access to a host of new potential co-founders, designers, developers, marketers and product managers to do one thing – and one thing only – launch your next big idea.

Now envision bringing your minimum viable product (MVP) to market by crowdsourcing innovation and executing non-stop.
Startup Weekend is making this coveted scenario a reality by bringing a “No Talk. Allenables founders to focus on building out the framework of an innovative business over the course of one weekend. Each event brings like-minded entrepreneurs together to build and develop a commercial case around their products.
Concept to Company
This past weekend a bustling and eager crowd of veteran and aspiring entrepreneurs attended one of the 468 events held to-date, Triangle Startup Weekend, hosted at NC State University in Raleigh, NC. The local organization, led by Arik Abel the VP of Digital Services at French West Vaughan, raised over $20,000 and sold over 300 tickets to the ‘standing-room only’ event.
Beginning with open mic pitches on Friday, attendees shared their best ideas to inspire others to join their team. Over Saturday and Sunday, select teams focused on customer validation, business models and execution of their products. On Sunday afternoon teams demoed their prototypes and received feedback from a panel of experts.
Ideas were the currency of the weekend. Several startups instantly became crowd favorites. From PhotoSlam, a photo-sharing app that lets you challenge your friends to interactive photo challenges to Soul Exchange — an online “soul marketplace” for friends, investors (and enemies) to invest in your soul and track its value based on your (good and bad) deeds.
Startup Weekend Ideas to Watch
Every Startup Weekend attendee walked away from the event with an invaluable experience, while a select few walked away with honorable mentions and grand prizes to help fuel their new companies.
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Jim Woods is president and founder of InnoThink Group; a leading Strategic Management and Innovation Consulting Firm in Denver, Colorado. He is an author, speaker, and a strategic innovation and hypercompetition expert to profit, non-profit organizations and municipalities. He advises clients with an objective view of their competitive capabilities and defines a clear course of action to maximize their innovation return on investment to achieve profitable growth. Build a capability for ongoing competitive innovation across your company. Call 719-649-4118 or complete our form: contact us for more information on hiring Jim to advise or speak for your next event.

Friday, April 27, 2012

Seven Secrets to Heavy Hitter Sales

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As the economy improves in fits and starts, selling your products and services remains unusually tough. Never has resilience been more critical for small-business owners. The ability to steadfastly push through challenges is a valuable trait that seems to come naturally to some entrepreneurs. Others can adapt over time to become wiser and more confident after each trying situation.

So how can you quickly recover from setbacks in the selling process? For starters, experts suggest viewing sales in your business as a long process with many wins and losses, much like a professional athlete's season. "Try not to look at your sales record as just one good or bad deal or one good or bad week," advises Steve W. Martin, who teaches sales strategy at the University of Southern California's Marshall School of Business and is the author of Heavy Hitter Sales Psychology (TILIS Publishers, 2009). "You're going to be at this for many years to come so you want to develop skills to be mentally ready to face the sales hurdles you have ahead of you."

Here are seven secrets to developing the resilience you need to staying positive, no matter how tough it may be to strike up new sales.

No. 1: Learn from your failures. Rather than feeling depressed that you made 100 calls without hearing back from a single prospect, take a long hard look at your approach. "Maybe you called the wrong people or called them at the wrong time," says Jill Konrath, author of Snap Selling (Portfolio, 2010) and Selling to Big Companies (Kaplan Publishing, 2005). Then, rethink your message. "Perhaps you should stress something different about your business," she says.

No. 2: Touch base with your 'friendlies.' If you've made 10 sales calls and all have gone poorly, it's easy to feel that you'll never get your company off the ground. If you have a day like that, consider reaching out to your 'friendlies,' customers that like you and appreciate your product, to fuel you for the hard work ahead. "By talking to these positive contacts," Martin says, "you'll reanchor yourself to why you're doing the work you're doing and it will help you become more ready for the next deal."

No. 3:  Face your fears. Every single entrepreneur has faced fear, especially when a sales call goes awry. "When I first started selling, a prospect reamed me out in front of some of my colleagues and I fainted," Konrath recalls. "After I came to, I could have walked out saying, ' I'm not cut out for sales.' Instead, I worked hard to figure out what it would take to be successful and I moved forward, despite my fears. I truly believe that the ability to bounce back rests in your ability to look fear in the face and go forward anyway."

No. 4: Check in with colleagues for a reality check. While we're taught to keep our feelings to ourselves when times are tough, it's actually better to share our struggles with a trusted colleague. "If you have a cathartic talk with a colleague who has empathy for your situation, it will help you let go of negative feelings," Martin says. "The process of speaking about your concerns and, even your sales struggles, will help you get ready to go out there again."

No. 5: Reach out beyond your network. Instead of relying on your usual go-to people, seek out a broader network. Talk to others about their business and your business, find out who they know and share your contacts, says Joanne S. Black, founder of No More Cold Calling, a San Francisco-based sales strategy consulting firm. "Entrepreneurs tend to retreat and that's mostly because you're wearing so many hats, from doing business development, working with clients, paying taxes and so much more. But, despite how busy you are, it's key to leverage your connections. You never know where you might find new customers."

No. 6: Borrow someone else's brain. Seek out sales strategies from another entrepreneur whose business is a bit further along in its sales growth. "Try to intuit how this other business might approach their sales challenges," Konrath says. "You can't look at Virgin Airlines or Donald Trump and ask how each would approach sales, but you can look at someone who is just a little ahead of you. By walking a mile in his or her shoes, you'll open up a whole new way of looking at things."

No. 7:  Take a break. If you've tried all these tips and still feel defeated, consider taking a time-out. "Most people think they should keep their nose to the grindstone, but that's not the best way to win your next customer," Martin says. "Prospective clients may be turned off if they sense that you're desperate." Martin's advice when your numbers are down: Take a mental health break that lasts a couple of hours or even a day. "That will help you to start fresh and project a successful image," he says. via entrepreneur.com

New Solutions to Attract and Retain More Customers

Jim Woods is president and founder of InnoThink Group. A leading Strategic Management and Innovation Consulting Firm located in Denver, Colorado. He is an author, speaker, and a strategic innovation and hypercompetition expert to profit, non-profit organizations and municipalities. He advises clients with an objective view of their competitive capabilities and defines a clear course of action to maximize their innovation return on investment to achieve profitable growth. Build a capability for ongoing competitive innovation across your company. Call 719-649-4118 or complete our form: contact us for more information on hiring Jim to advise or speak for your next event.

 

A bathroom to scare the crap out of you

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Situated above an empty elevator shaft and featuring a glass floor, the bathroom in a swanky Guadalajara, Mexico penthouse might make toilet time a more terrifying experience than catching E. coli.

Via Neatorama.

Design that goes beyond normal.

Need to grow your business and career?  Business, Career or Life Coach. We Have The Right Strategies to Revamp Your Life and Business.  

Our research-driven model of coaching is a custom-built, confidential one-on-one developmental experience for those who want to hone their vision, act more boldly, communicate more effectively and surpass their goals. We provide a complete discovery, alignment, assessment, feedback and coaching package. It is a stand-alone leadership development opportunity to ensure the most effective results for our client. Start Today!

Business, Career and Life Coaching by Jim Woods and InnoThink Group is about showing you the way to improvement, faster and more efficiently than you can on your own. Jim is a Strategic Management and Innovation Consultant with InnoThink Group. Programs start at $195 monthly. 

Thursday, April 26, 2012

How To Make Creative Play Work: Mark McGuinness

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Every creator knows the terror of the blank page. When you start on a new creative challenge and you have no idea how you are going to solve it, the virgin paper (or screen, or canvas, etc.) seems to stretch off endlessly in all directions. There are so many things you could do, it's impossible to know where to start. And as a creative professional, you pride yourself on coming up with original solutions. It's what your clients pay you for, or what your audience loves you for. So the pressure to 'make it new' can make it even harder to get going.

Next time you find yourself in this situation, ask yourself this question:

"Have I ever solved a problem like this before?"

It doesn't matter if the problem isn't an exact match - scan your memory for something even remotely similar. Then go back and revisit your old work, to see if there's anything there that could help you now.

I first came across this technique when I trained as a psychotherapist. Working with clients facing seemingly intractable problems such as long-term depression, substance abuse, or the breakdown of a marriage, I found myself using this question over and over again - with some surprisingly good results.

 

The pressure to 'make it new' can make it even harder to get going.

 

 

Clients coming for therapy are understandably so focused on their problem that they forget or discount the many times when they have dealt with it effectively - or at least not disastrously. So when I asked this question, they were often able to remember times when they managed to motivate themselves to do something productive, and felt less depressed; or times when they resisted the cravings to use drugs; or when they managed to resolve disagreements with their partners in a respectful manner.

No, it didn't change their lives overnight. But it often gave them a foothold on the problem - a small success that boosted their confidence and opened up the possibility of achieving more. And it can do the same for you, next time you're wondering if you're up to a creative challenge.

"But won't this lead to me repeating myself?"

Only if you keep working on the same old types of project. But if you keep setting yourself new challenges, then that will force you to build on your old knowledge by adding something new to the mix.

The big advantage of starting with one of your old solutions - apart from the motivational boost from getting a foothold on the problem - is that you are building from a foundation of success, using something that has been tried and tested and delivered results.

 

One of the reasons clients pay more for experienced creatives is that they have a wealth of previous successes to draw on, which can give them a shortcut to success. Of course, you also need to make it new - but you knew that already.
--
What do you think?

Have you ever used an old solution as the starting point for a new project? What was your approach? via the99percent.com

Traditionally, when facing low-cost competition companies try to cut costs or innovate. This trap leads them in never-ending cycles of competitive disadvantage. Survival requires smarter and subtler responses. Contact InnoThink Group to discuss your options. We are a leading Strategic Management and Innovation Consulting Firm. 

Monday, April 23, 2012

10 Things You Need To Do While You're Unemployed

If you’re unemployed and worried that employers will turn you down for taking on unimpressive work during the recession or for the large employment gaps on your résumé—you needn’t panic.  A new survey just released by the careers website CareerBuilder.com reveals that the vast majority of employers are sympathetic to such circumstances.

The nationwide survey was conducted online by Harris Interactive, on behalf of CareerBuilder, among 3,023 hiring managers and human resource professionals between November 9 and December 5, 2011. Not only does it offer unemployed job seekers some hope, but it also provides tips to help them land a new position.

In Pictures: 10 Things You Need to Do While You’re Unemployed

 “More than 40% of unemployed job seekers have been out of work for six months or longer,” says Rosemary Haefner, vice president of human resources for CareerBuilder. “There’s a sense that such a long gap on a résumé negatively affects a candidate’s chances, but the survey shows that is not true. That’s very positive news for this group of job seekers. If you fill the gaps with activities and experience that illustrate how you are still developing your skill sets, the overwhelming majority of employers will look past your unemployment and focus on what you can bring to their team.”

Eighty-five percent of those surveyed employed reported that they are more understanding of employment gaps post-recession. Ninety-four percent said they wouldn’t have a lower opinion of a candidate who took on a position during the recession that was at a lower level than the one he or she had held previously.

But this doesn’t mean you can sit around and wait for a sympathetic employer to offer you work. “The worry is that employers may think job seekers are losing some of their skills because they haven’t been utilizing them. By volunteering, taking temporary work, or signing up for a class that develops your professional tool kit, you show employers that you’ve made the most of your time and will be ready on day one,” Haefner says.

Employers and CareerBuilder experts recommended a variety of activities you should engage in to build, expand, and strengthen your skills during period of unemployment, in order to increase your marketability.

Take a temporary or contract assignment.

Seventy-nine percent would recommend doing this. Why? “The key is to get people to see your work and to see what you’re capable of doing,” says Andy Teach, the author of From Graduation to Corporation: The Practical Guide to Climbing the Corporate Ladder One Rung at a Time. “If you do a great job, even if it’s for a temporary job, whoever hired you is more likely to recommend you for a permanent position.”

Take a class.

Sixty-one percent of the hiring managers surveyed recommended taking a class during a period of unemployment. “You never stop learning in your career, so the more technical competence you have, the better,” Teach says. “When you take a class in your field, you are also showing that you are serious about your work and that you take initiative.” Another advantage to taking a class: It’s a great networking opportunity.

Volunteer.

Sixty percent of the hiring managers said volunteer work makes you more marketable. “When you volunteer for something, you are telling potential employers something about you as a person,” Teach says. It shows that you are passionate about something and care about helping others—and it demonstrates that money isn’t the most important thing to you, he adds. “When companies are hiring, they are looking not only for people who can get the job done but also for people with character and integrity.”

In Pictures: 10 Things You Need to Do While You’re Unemployed

Want to be more agile? Contact Innovation and Growth Speaker Jim Woods. Jim works confidentially with start ups, governments as well as profit and for profit enterprises.

Visit our website:www.innothinkgroup.com Executive and Business Coaching: http://ow.ly/anBpK

Jim Woods is president and founder of InnoThink Group. A global management consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. To arrange for Jim to speak at your next event or devise an effective growth strategy email or call us at 719-649-4118 for availability.james@innothinkgroup.com

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Saturday, April 21, 2012

How to Issue a Great Apology - Tim Donnelly

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So you messed up. Big. How do you explain your company's misstep to the public? Just say it: "I'm sorry."

MAKE IT BETTER. Sometimes, telling your customers "I'm sorry" is the best way to remedy a failure. And how you say it matters.

JCPenney landed at the center of a firestorm earlier this month over a shirt it was selling to girls, bearing the slogan: "I'm too pretty to do my homework so my brother has to do it for me."

Internet commenters registered rage at what they saw as a sexist shirt promoting girls' looks over their brains by tweeting, e-mailing, and signing online petitions. The pressure forced JCPenney to pull the shirt immediately. But the company did get credit for acting quickly and issuing an apology statement right away.

"We agree that the 'Too Pretty' T-shirt does not deliver an appropriate message, and we have immediately discontinued its sale," the statement says. "We would like to apologize to our customers."

Knowing how, when, and why to issue a smart apology can be the difference between a public-relations hiccup that can be smoothed over. and a flap that could end up dragging your company into the muck. While the long-term effects on JCPenney aren't yet clear, observers say the honest and sincere apology may have saved its reputation. What's the trick? Experts share these tips on crafting the perfect apology.

When Apologizing, Make Sure You Use the Right Words

Some people are averse to issuing apologies or even using the word "sorry" because they worry about implicating themselves in guilt or malfeasance. But experts say erring on the side of caution and issuing a prompt apology can save you headaches down the road. 

"As long as someone apologizes well, it doesn't mean they're taking responsibility," says Lynn Gaertner-Johnston, founder and business-writing specialist at Syntax Training who has worked with REI, Microsoft, and Russell Investments. "The really important thing to recognize about apologies is that they are a very smart thing to issue. In order for the client or perspective customer to get over the bad feelings, we have to issue the apology. It helps the other person release their anger about it."

Most experts agree that an apology letter should open with a salutation and a warm greeting, which helps you soften up the recipient, says Julie Miller, founder and president of Business Writing That Counts and author of a book by the same name.

Then, you should acknowledge the issue you're responding to straight on without hedging too much. Gaertner-Johnston says you need to include the words "apologize," "sorry," or "regret" at some point to really hammer the point of the message home.

"You have to have those words so it can be an apology," she says.

The most important thing is to own up to own up to the mistake. Caryn Starr-Gates, a business writing professional with StarrGates Business Communication, says you can acknowledge the issue getting into the gritty details of what went wrong.

"What does matter is coming clean, being a grown up. You're taking the blame for what happened and you want to know how to make it better."

"What does matter is coming clean, being a grown up," she says. "You're taking the blame for what happened and you want to know how to make it better."

Make any Apology Personal

The format of the apology depends on the relationship you have with the client or customer, but most apologies are issued via writing, whether it is in an e-mail, a formal letter, or a message on a company website.

This is not the time for form letters, re-used templates or pre-recorded messages, Miller says. You should be personalizing it as much as possible to describe the exact nature of the incident.

"That way, the recipient will not feel like a nameless, faceless cog in the wheel but rather, will appreciate that someone took the time to find out what happened," she says. "This ties in directly with the precept to be authentic and sincere."

You can engage the recipient further by asking them to accept your apology. Some companies even go an extra step and follow up an apology letter with a phone call or e-mail to check back.

Get the Timing Right for Your Statement

If you feel like an apology is due, the worst thing you can do is to wait too long and let your customers get angrier—and tell friends about it. Experts say you should be sending out an apology as close to the incident as possible to minimize damage, much like JCPenney, which acted within a day once the controversy arose.

"That way the bad feelings won't be able to foment or go viral in any way," Gaertner-Johnston says.

Even if you aren't fielding complaints about the incident, be proactive by issuing a statement right away, Starr-Gates says. The statement is usually best when it comes from the responsible party at your company, or, if they were let go due to the incident, the person's supervisor.

"You still come across as a concerned person," Starr-Gates says. "This is people with whom you are doing business in some way. You want to leave them gratified that they're doing business with you."

In the cases were someone requests and apology that you don't agree is deserved, you're left with two options, says Paul Lima, a business writing trainer who has written several books on business writing.

"You have a decision to make: take the high road and smooth over the bump in the relationship, or hold your ground, defend your action and understand that problems will probably persist," he says.

Talk Openly About any Corrective Action

Whatever form your apology takes, you need to end it on a positive note by telling the recipient what corrective action you will take. It could be something as simple as promising better communication or something as elaborate as free airline miles.

Avoid putting the blame on the other person: for instance, don't say, "You didn't confirm the meeting," but instead say, "Sorry for the confusion over the meeting."

"That does not help them to move on," Gaertner-Johnston says. "It was just a backward apology that was really lame."

Talking about what corrective action you plan on taking lets the customer know you are aware of their concerns and want to improve.

Of course, even the best, timeliest apologies might be nothing more than a learning experience for next time.

"You have to be willing to accept the other person may not forgive you," Starr-Gates says. "Ask how you can make it better."

Tim Donnelly is a freelance writer and managing editor of Brokelyn.com. His work has appeared in Billboard, The Atlantic, Thought Catalog, and The New York Post@TimDonnelly 

Want to increase growth and avoid more losses? Want to out compete your competitors? Want to bring new products and services to market faster? Want to be more agile? Contact Innovation and Growth Speaker Jim Woods. Jim works confidentially with start ups, governments as well as profit and for profit enterprises.

Visit our website:www.innothinkgroup.com Executive and Business Coaching: http://ow.ly/anBpK

Jim Woods is president and founder of InnoThink Group. A global management consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. To arrange for Jim to speak at your next event or devise an effective growth strategy email or call us at 719-649-4118 for availability.james@innothinkgroup.com

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How To Stop Hiring Mean People for Customer Service Jobs - Glen Blickenstaff

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You Can’t Make Unfriendly People Friendly

Customer service is a tough job. Don't make it more difficult by hiring the wrong people.

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We have all experienced it. The surly checkout cashier, the uncaring customer service operator or the lethargic Department of Motor Vehicles clerk. Now, it could be that they are beaten down by bad process or have the responsibility of listening to upset customers with no authority to fix the problem. It's more likely that they are unfriendly to begin with.

Years ago while in retail we decided that the people doing the hiring must be using the "mirror" test. In our warped sense of humor we described this as having an applicant sit in a chair while a cold mirror is held under their nose. If the mirror fogged up they were hired. While this was a joke, those of us that had to deal with the aftermath weren't laughing. So what's the answer? Well, to start with, hire friendly people.

When we have made a mistake and hired an unfriendly person, how do we respond? A good example of this is Undercover Boss. I enjoy watching and sometimes sympathize or agree with the decisions, but frequently see these CEO's misjudge a person and think that by mentoring or training they can change someone's personality. You can spend a lifetime trying and it won't happen.

On the day of an interview a candidate is showing you their best. But there are telltale signs of unfriendly characteristics. Do their activities and interests involve people or things? Do they look you in the eye and speak with conviction? Are they prepared for the interview? Occasionally they can snow a single interviewer. So, if it is a customer service position have others talk with them. Get more than one person in the room during the interview and see how they respond.

I once read that Southwest Airlines has a waiting room where potential applicants wait for their interview. While they are waiting sometimes a conversation among the applicants will start up. Now, what's interesting here is that some of the people in the room are actually Southwest employees and the interview has already started. Genius!

The bottom line is that some people are not cut out for the emotional rigors of customer service work. That doesn't make them bad people. As an example I once had a customer service clerk that was unfriendly. No matter what I did he would not change. So I transferred him to stock. Within a few months we promoted him to stock manager. He was efficient and while not chummy with his employees, the job was pretty straight forward. Conversely, very friendly people had a tendency to make lousy stock clerks. They wanted to be around other people and talk a lot. So, they should have been in customer service.

Next time you receive poor service, stop and think about the individual and their approach. If you are like most people you just don't go back. The fact is we are likely to be more tolerant if they are understaffed but have friendly people who are doing their best to help.

So my advice is simple. If you are hiring for a customer facing position, don't hire unfriendly people.

Glen Blickenstaff is the CEO of The Iron Door company, which makes high-end doors and windows. Glen has a track record of turning around and managing retail, building and financial companies. @glenblickenstaf


 

Want to increase growth and avoid more losses? Want to out compete your competitors? Want to bring new products and services to market faster? Want to be more agile? Contact Innovation and Growth Speaker Jim Woods. Jim works confidentially with start ups, governments as well as profit and for profit enterprises. 

Visit our website:www.innothinkgroup.com Executive and Business Coaching: http://ow.ly/anBpK

Jim Woods is president and founder of InnoThink Group. A global management consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. To arrange for Jim to speak at your next event or devise an effective growth strategy email or call us at 719-649-4118 for availability.james@innothinkgroup.com

Follow us on Twitter: http://ow.ly/anyCg

Follow us on LinkedIn: http://ow.ly/anyJu

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Friday, April 20, 2012

Here is a Great Question: Why Should Anyone Be Led by You? by Robert Goffee and Gareth Jones

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Why Should Anyone Be Led By You

by Robert Goffee and Gareth Jones

If you want to silence a room of executives, try this small trick. Ask them, "Why would anyone want to be led by you?" We've asked just that question for the past ten years while consulting for dozens of companies in Europe and the United States. Without fail, the response is a sudden, stunned hush. All you can hear are knees knocking.

Executives have good reason to be scared. You can't do anything in business without followers, and followers in these "empowered" times are hard to find. So executives had better know what it takes to lead effectively—they must find ways to engage people and rouse their commitment to company goals. But most don't know how, and who can blame them? There's simply too much advice out there. Last year alone, more than 2,000 books on leadership were published, some of them even repackaging Moses and Shakespeare as leadership gurus.

We've yet to hear advice that tells the whole truth about leadership. Yes, everyone agrees that leaders need vision, energy, authority, and strategic direction. That goes without saying. But we've discovered that inspirational leaders also share four unexpected qualities:

  • They selectively show their weaknesses. By exposing some vulnerability, they reveal their approachability and humanity.
  • They rely heavily on intuition to gauge the appropriate timing and course of their actions. Their ability to collect and interpret soft data helps them know just when and how to act.
  • They manage employees with something we call tough empathy. Inspirational leaders empathize passionately—and realistically—with people, and they care intensely about the work employees do.
  • They reveal their differences. They capitalize on what's unique about themselves.

You may find yourself in a top position without these qualities, but few people will want to be led by you.

Our theory about the four essential qualities of leadership, it should be noted, is not about results per se. While many of the leaders we have studied and use as examples do in fact post superior financial returns, the focus of our research has been on leaders who excel at inspiring people—in capturing hearts, minds, and souls. This ability is not everything in business, but any experienced leader will tell you it is worth quite a lot. Indeed, great results may be impossible without it.

Our research into leadership began some 25 years ago and has followed three streams since then. First, as academics, we ransacked the prominent leadership theories of the past century to develop our own working model of effective leadership. (For more on the history of leadership thinking, see the sidebar " Leadership: A Small History of a Big Topic.") Second, as consultants, we have tested our theory with thousands of executives in workshops worldwide and through observations with dozens of clients. And third, as executives ourselves, we have vetted our theories in our own organizations.

Some surprising results have emerged from our research. We learned that leaders need all four qualities to be truly inspirational; one or two qualities are rarely sufficient. Leaders who shamelessly promote their differences but who conceal their weaknesses, for instance, are usually ineffective—nobody wants a perfect leader. We also learned that the interplay between the four qualities is critical. Inspirational leaders tend to mix and match the qualities in order to find the right style for the right moment. Consider humor, which can be very effective as a difference. Used properly, humor can communicate a leader's charisma. But when a leader's sensing skills are not working, timing can be off and inappropriate humor can make someone seem like a joker or, worse, a fool. Clearly, in this case, being an effective leader means knowing what difference to use and when. And that's no mean feat, especially when the end result must be authenticity.

 

Four Popular Myths About Leadership
Everyone can be a leader.
Not true. Many executives don't have the self-knowledge or the authenticity necessary for leadership. And self-knowledge and authenticity are only part of the equation. Individuals must also want to be leaders, and many talented employees are not interested in shouldering that responsibility. Others prefer to devote more time to their private lives than to their work. After all, there is more to life than work, and more to work than being the boss.
Leaders deliver business results.
Not always. If results were always a matter of good leadership, picking leaders would be easy. In every case, the best strategy would be to go after people in companies with the best results. But clearly, things are not that simple. Businesses in quasi-monopolistic industries can often do very well with competent management rather than great leadership. Equally, some well-led businesses do not necessarily produce results, particularly in the short term.
People who get to the top are leaders.
Not necessarily. One of the most persistent misperceptions is that people in leadership positions are leaders. But people who make it to the top may have done so because of political acumen, not necessarily because of true leadership quality. What's more, real leaders are found all over the organization, from the executive suite to the shop floor. By definition, leaders are simply people who have followers, and rank doesn't have much to do with that. Effective military organizations like the U.S. Navy have long realized the importance of developing leaders throughout the organization.
Leaders are great coaches.
Rarely. A whole cottage industry has grown up around the teaching that good leaders ought to be good coaches. But that thinking assumes that a single person can both inspire the troops and impart technical skills. Of course, it's possible that great leaders may also be great coaches, but we see that only occasionally. More typical are leaders like Steve Jobs whose distinctive strengths lie in their ability to excite others through their vision rather than through their coaching talents.

 

Excerpted from the article "Why Should Anyone Be Led by You?" in the Harvard Business Review, September-October 2000.

[ Order the full article ]

Robert Goffee is a professor of organizational behavior at London Business School.

Gareth Jones is the director of human resources and internal communications at the British Broadcasting Corporation and a former professor of organizational development at Henley Management College in Oxfordshire, England. Goffee and Jones are the founding partners of Creative Management Associates, an organizational consulting firm in London.

Want to increase growth and avoid more losses? Want to out compete your competitors? Want to bring new products and services to market faster? Want to be more agile? Contact Innovation and Growth Speaker Jim Woods. Jim works confidentially with start ups, governments as well as profit and for profit enterprises.

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Jim Woods is president and founder of InnoThink Group. A global management consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. To arrange for Jim to speak at your next event or devise an effective growth strategy email or call us at 719-649-4118 for availability.james@innothinkgroup.com

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Ten Top Tips: How to handle the media in a crisis - Graham Leech

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Something's gone wrong and the media have caught wind of it. What do you do next? Former newshound turned entrepreneur Graham Leach has ten ways to save your reputation.

1. Have a plan

This may sound fatuous, but you'd be surprised how many big companies don't have any systems in place for dealing with a media crisis. Never underestimate the impact a negative story can have. The media loves love big stories and are likely to devote a lot of time and attention to them. Most large organisations which do have a crisis plan invariably deal only with internal response and recovery. The plan hardly ever takes the media onslaught into consideration.

2.Get ready for some company

Make sure you're prepared for the arrival of the media scrum - either outside your organisation's headquarters or at the scene of the disaster, the crisis or the major setback for your company. Where will you marshal them - outside on the pavement or will you invite them in to attend formal news conferences on your premises?

3. Prepare for the questions

What will you tell them? Can your spokespeople hold the company line under intense questioning? In general it's best to have a core of skilled spokespeople who can deal with any interview, whatever its format. Don't just rely on your most senior people. They might be on holiday, or ill. In any case, they will be closely concerned with managing the crisis itself.

4. Open the lines of communication

For the media who are not on site, there should be a dedicated phone line available for their inquiries.  The main phone lines of course have to be kept clear to deal with the crisis.

5. Contextualise the problem

Reporters need all the information they can get. Have you background material, pre-prepared and ready to hand out? Facts and figures? Biogs of senior figures in the organisation?

6. Think fast, talk fast

Silence is not golden. However grim things are looking, it's generally best to come out with a statement of some kind – and fast. The longer you leave it, the more quickly the evidence will build up against you in the mind of the public. When, eventually, you decide to confront the media, you may by then have lost a considerable amount of ground, which is then very difficult to recapture.

7. Dole out tasks before a crisis hits

Make sure your press office is fully equipped to deal with the crisis. Everyone should know what role they undertake when the phones start ringing and the media bombardment begins. Once the crisis is up and running, that is not the time to start deciding who does what.

8. Don’t become a slave to the crisis plan

One crisis is rarely the same as another. You need to be adaptable and modify your plan as and when required.

9. Don't neglect social media

Ensure there are people available to deal with the social media. This is where speculation, guesswork and allegations breed and spread. More and more often news or comment appearing on Twitter or Facebook drives the mainstream media. Keeping abreast of the social media is vital in handling a crisis.

10. Make sure your operation is slick

Most importantly, can you accomplish all this in a matter of minutes, before the 24-hour news machines have a chance to speculate and exaggerate?

Graham Leach is a former journalist and co-founder of media training company HarveyLeach via managementtoday.co.uk

 Want to increase growth and avoid more losses? Want to out compete your competitors? Want to bring new products and services to market faster? Want to be more agile? Contact Innovation and Growth Speaker Jim Woods. Jim works confidentially with start ups, governments as well as profit and for profit enterprises.

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Jim Woods is president and founder of InnoThink Group. A global management consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. To arrange for Jim to speak at your next event or devise an effective growth strategy email or call us at 719-649-4118 for availability.james@innothinkgroup.com

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Russell Blackmore: Top ten mistakes online entrepreneurs should avoid

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Are you new to the e-tail game? Just started selling products and services over the web? Well, avoid the mistakes made by countless entrepreneurs before you. Heed this advice from Russell Blackmore, co-founder of photography e-tailer Sonic Editions.

1. Don't try to fit in

Good companies disrupt the current market. Made.com and Dollar Shave Club are both magnificent examples of this. Don’t try to fit in with what else is out there – create a new experience and you’ll carve yourself a niche in a crowded market.

2. Don't do it all yourself

Utilise the power of others. Partnerships help to build traffic and brand equity. If credible brands are working with you, chances are others will too.

3. Keep an eye on stock management

Our prints are made to order, which means we don’t get caught with a lot of excess stock that we need to store and pay for its upkeep. If you have to pay to keep stock that you’re not using, it’s a waste of money.

4. Be mindful of over-selling

Connect with your audience regularly but do not over sell. Use social media to reach out to your audience, rather than pushing a hard sell. You need just enough exposure but not to the point of overkill.

5. You are your product or service

Brands should be reflective of their products. If you’re selling something with a premium price point, your customer experience must reflect that. The service is just as important as the product. Do your research and know what experience you want to create – then live and breathe it in everything that you do.

6. Always answer consumer enquiries

Ignore a consumer enquiry at your peril. Some of the best leads come through social media, so make sure you check who is getting in touch and what they’re saying. Responsive customer service will mean repeat business.

7. Start small, think big

Offer your product in a variety of key currencies. Only when you’ve built up the sales base in a different country should you consider translating into a different language. Don’t try to be everything to everyone. Not at the start, at least.

8. Poor delivery is a no-no

Find a trusted and reliable delivery partner. Poor service will come back and reflect badly on you. Remember the video of the USP deliveryman throwing the monitor over the wall? There’s no point in your company being let down at the end of the line.

9. Hone your IT skills

Update your website every day. You will have to understand basic simple rules. For example, lots of traffic will crash your site. This is something that you’ll need in all aspects for your role. You cannot simply depend on smart interns to keep your tech side running.

10. Banks are not your friend

Don’t over rely on the bank. Make sure you know where your finances are coming from!

via managementtoday.co.uk

Want to increase growth and avoid more losses? Want to out compete your competitors? Want to bring new products and services to market faster? Want to be more agile? Contact Innovation and Growth Speaker Jim Woods. Jim works confidentially with start ups, governments as well as profit and for profit enterprises.

Visit our website:www.innothinkgroup.com Executive and Business Coaching: http://ow.ly/anBpK

Jim Woods is president and founder of InnoThink Group. A global management consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. To arrange for Jim to speak at your next event or devise an effective growth strategy email or call us at 719-649-4118 for availability.james@innothinkgroup.com

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Daniel Goelman on Leadership: Want Creative Workers?

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Philip Glass, the contemporary composer, works on his new compositions only between 11 a.m. and 3 p.m. That’s the time, he says, when his creative ideas come to him. When filmmaker George Lucas needs to write or edit a script, he sequesters himself in a small cottage behind his house where he gets no calls or visitors.

A lesson in managing creativity can be found in the work discipline of such inventive geniuses: A protected bubble in time and space fosters the imaginative spirit.

That notion challenges some prevailing wisdom–particularly the assumption that upping the pressure on workers will squeeze more innovative thinking out of them. Many managers assume that just calling people into a high-demand brainstorming session will get everyone’s best ideas out on the table.

That is dead wrong, according to new research on the creative process. In a knowledge economy, where competitive advantage comes from leveraging the most innovative ideas and executing them well, leaders at every level would do well to reflect on these findings.

In a study led by Teresa Amabile, a director of research at the Harvard Business School, researchers asked more than 1,000 knowledge workers–members of research-and-development, marketing and information-technology teams–to keep daily diaries. This data trove revealed a disconnect between how managers think they can best support creative efforts, and how those who are actually making the efforts assess what helps them most.

Small Wins Count

When the researchers asked managers to name the most effective ways they could encourage creativity, the most frequent response was praising people for good work. When they asked the workers themselves, the No. 1 carrot turned out to be providing ongoing managerial support of their daily progress. Only 5 percent of managers got this right. Daily progress toward a large goal, even small wins, primes positive moods and catalyzes creativity, the Harvard study found.

Members of creative project teams also described the most common ways managers unwittingly undermine creative work. These ranged from dismissing an idea out of hand to ignoring suggestions to torpedoing an employee’s creative project, for instance through an abrupt reassignment or a cavalier change of mind. The researchers advised managers to set clear goals and then let people accomplish them in their own ways.

Aha Moment

The Harvard researchers also recommended that supervisors protect workers’ time and resources so they can have periods of sustained focus on their projects. This advice–to manage staff time well–is supported by new brain research that reveals what happens at the moment of Aha! Joy Bhattacharya at the University of London has found that in the moments just before a creative insight, the mind is typically relaxed and open to new ideas, as indicated by an alpha brain wave.

As the Aha! approaches, there’s an abrupt shift marked by high gamma-wave activity. This indicates that far-flung neural circuits are connecting in a new network. A third of a second after the peak of this activity, a novel idea floats into the mind.

This finding indicates that creative insights can’t be concocted on demand; they need to ripen. The first step in the creative process typically involves immersion in the problem and current thinking, and then gathering any information that might be relevant. But in the next stage, intense effort should give way to letting what is known as the “cognitive unconscious” work on the problem by making novel connections.

Constant distractions interrupt the mental space where creative insights simmer. That’s why so many Aha! moments come in the relaxed space of downtime — when we’re doing something other than tensing to be creative.

Lessons From Google

Anyone whose work involves strategic thinking can learn something from the findings. The usual method for devising a competitive strategy is to come up with an idea and then analyze its value. The trouble is, no one tells you how to come up with that idea in the first place.

Sergey Brin and Larry Page, who created the innovative search formula that became the basis of Google Inc. (GOOG), know something about that process. They have instituted Google’s famous once-a-week day for employees to work exclusively on their pet creative projects. Long before Google existed, 3M set aside 15 percent of employee time for the same thing.

Another trendsetter was Xerox PARC, the legendary Silicon Valley research center known for insulating its creative staff from competitive pressures and giving them time to reflect, explore and collaborate. Xerox PARC is the birthplace of a plethora of computer-age basics including laser printing and the graphical user interface that gave us windows and icons.

In a day when the use of innovative ideas provides a competitive edge, it’s good to understand how squeezing time and people can unwittingly squelch creativity, hurting an organization’s future. The best advice for someone who manages innovative thinkers is to nurture the conditions where creative ideas can flow most freely.

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Want to increase growth and avoid more losses? Want to out compete your competitors? Want to bring new products and services to market faster? Want to be more agile? Contact Innovation and Growth Speaker Jim Woods. Jim works confidentially with start ups, governments as well as profit and for profit enterprises.

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Jim Woods is president and founder of InnoThink Group. A global management consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. To arrange for Jim to speak at your next event or devise an effective growth strategy email or call us at 719-649-4118 for availability.james@innothinkgroup.com

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Thursday, April 19, 2012

Martha Beck: How to Stay in a Good Mood & Defend Against Emotional Muggers

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Emotional Muggers
Illustration by Kagan McLeod
My client Francine's husband had started behaving oddly. "I'll do something ordinary, like offer to check his e-mail for him, and he'll react as if I've killed a child," she said. Another client, Selma, was a sunny optimist—except when her sister Eve called to complain about life; by the time they hung up, Selma was always exhausted and depressed. Meanwhile, my friend Pamela was getting blindsided at a public-speaking workshop. "I gave a speech that went really well," she told me, "and then this other woman got up and spent her whole speech mocking everything I'd done wrong."

Let's call it emotional mugging: You're going along minding your own business, and suddenly, when you least expect it, you're faced with a shocking attack on your mood or peace of mind. Being emotionally mugged can be crippling, but because the damage is so often invisible, few of us are ever taught self-defense. Time to change that. You're probably aware that the Asian martial arts, with their deft approach to handling attack, are popular practices for warding off physical muggers. Well, karate-do ("the way of the empty hand") and bushi-do ("the way of the warrior") have a psychological equivalent I call emo-do (pronounced "ee-moh-doh"): the way of the emotional master.

An Ounce of Prevention...
Like all opportunistic criminals, emotional muggers target people who wander around bad neighborhoods. The best way to become a victim is to turn your own mind into such a place—a place filled with self-hatred, unfair criticism, and gloomy predictions. This kind of setting not only attracts muggers but can leave you so emotionally tapped out that you turn to psychological crime yourself.

By contrast, those who follow emo-do create an inner space of clean, clear self-confidence. To cultivate such an environment, you must keep three brave commitments. First, vow never to deliberately create suffering for yourself or others. (If you can't do this, count on being mugged frequently. There's no honor among thieves.) Second, always own your mistakes and do your best to correct them. Third, forgive yourself when your best isn't good enough. Keeping these commitments creates deep strength that scares off most emotional muggers. And should some misguided thug ambush you anyway, emo-do will help you launch a powerful defense.

If You Are Attacked
My former karate teacher, Jay Cool (yes! really!), used to study muggers' patterns to help develop counterattack strategies for the Phoenix police. "There are only so many ways to assault someone," Jay says. "Every mugger uses some version of a few basic approaches." This is also true of emotional attackers, and knowing their strategy helps you thwart them. Here are six types of emotional mugger—and, for each, the commensurate emo-do response. PAGE 1 of 4

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Jim Woods is president and founder of InnoThink Group. A global management consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. To arrange for Jim to speak at your next event or devise an effective growth strategy email or call us at 719-649-4118 for availability.james@innothinkgroup.com

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Val Monroe: Why It's Okay to Put Yourself First

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I learned the hard way how to put myself first.

Almost 30 years ago, my husband's identical twin brother killed himself. He was addicted to drugs. My husband—also addicted, I soon discovered—began a rapid descent along the same ruinous path, forsaking me and our 1-year-old son for grief's dark embrace. I tried to help my husband, became, in fact, almost sick with trying to help him and take care of our baby and our precarious finances. Family and concerned friends phoned me constantly to find out how my husband was doing and how I was holding up. "I can handle this," I told them. "I'll be fine." And compared with my husband, I did seem fine. But the tentacles of worry that had gripped me fitfully when I first discovered his addiction now snaked around me always, tighter and tighter, choking my appetite, my sleep, and my belief that he would ever get well. I would sit up all night waiting for a phone call—from him (I hoped) or from the police (I dreaded)—and then face another full day of chasing around an active toddler. "Keep this up and you will get sick," someone said, "and then who'll take care of you?" There was no one to take care of me. Well, yes, there was: me. And so I did, because I had to. I got help to look after the baby and started going to a support group, and once my husband was recovering in a hospital rehab, I treated myself every visiting day to a fine steak dinner at a nearby pub.

"I think I'll order a steak," I'd say to the baby as he sat in a plastic booster seat, sucking on his bottle. "Baked potato or mashed?" He'd kick his feet and slap the table with his chubby hands. "Good choice," I'd say. "Mashed it is."

Why is it hard for many of us to do things for ourselves before we do for others? Maybe we believe the "good" woman sacrifices herself for her family and, increasingly, for her work. "In terms of our relationships, women often feel they're responsible for everything—which is not a complete misperception," says nationally syndicated columnnist and life coach Harriette Cole. "We are the ones who usually lead the way. But somehow we get from there to the idea that the world won't work if we don't help it along."

Taking on responsibilities that might be well or even better handled by others is one of the ways we begin to lose our balance and slide down the slippery slope from generosity to martyrdom. Because women are likely to be the primary caretakers for husbands and children as well as for aging parents, we have ample opportunity to fall into the pattern of serving the people we love before we serve ourselves. But there are good reasons to be judicious about that. "If you always put someone else first, there's a tendency for others to depreciate you, to lose respect, because respect comes from an understanding that that person has her own wishes, dreams, and desires," says Ethel S. Person, MD, author of Feeling Strong: The Achievement of Authentic Power. Besides, why must there be only one person in first place at a time? "It's possible to have equal concerns for yourself and for loved ones," says Person. "There aren't always conflicting priorities."

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Want to increase growth and avoid losses? Want to out compete your competitors? Want to bring new products and services to market faster? Want to be more agile? Contact Innovation and Growth Speaker Jim Woods. Jim works confidentially with start ups, governments as well as profit and for profit enterprises.

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Jim Woods is president and founder of InnoThink Group. A global management consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. To arrange for Jim to speak at your next event or devise an effective growth strategy email or call us at 719-649-4118 for availability.james@innothinkgroup.com

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