Category: Uncategorized

Senior Managers are people too! I say this, because it is all too easy to focus on our own issues and think that ‘it’s ok at the top, they get an easy ride, with long lunches and no pressure’ …oh if only that was the case.

Most employees get to go home at the end of the day and can switch off and put their work to bed until tomorrow. A CEO however always carries a heavy burden of responsibility, because they are responsible for the whole organisation. They have the same amount of time in the day as everyone else and they have to make sure the organisation is heading in the right direction, keep within legal boundaries, network with key stakeholders, review and set strategy and make sure they are effectively delegating tasks to well trained and well motivated senior management.

It’s too easy for people to grumble that a CEO earns a huge salary …but they have a lot of responsibility and if they mess it up then it’s likely the board will ensure their rapid defenestration.

I’m sure that some CEOs are vastly overpaid and deserve to have a smaller package, but that doesn’t apply to all CEOs. Interestingly, if you look at the John Lewis Formula (where the CEO earns a multiple of the lowest salary) then CEOs in banks are actually underpaid, given the high average salaries paid in banks. I’m not here suggesting bankers should earn more, far from it, I’m just pointing out that CEO salaries are more complex than the press would have us think.

So why take care of them? Well, they are human too and have worries and kids and mortgages like the rest of us. We can do a great job of our job, spend less time grumbling and more time trying to improve processes and so help the whole organisation to develop.

We can remember that in essence we are also our own CEO, we are our own little business unit, whether we sell our time on a PAYE or freelance basis. We need to take care of ourselves, get enough sleep, eat well, network with stakeholders and think about our productivity, communication skills and PR.

And why bother with PR? Find out next week…

This week take a moment to remember that we are all important and we can look after ourselves at work and so help those who are helping us to stay in work.

Next week: Personal PR for Winners

Are you sitting comfortably? Then here is a story. Many years ago, when I had enough hair to justify buying hair gel, or product as it’s mysteriously now known, a good friend of mine needed to boost sales for his marketing business. He asked my advice and I lowered my voice and said sagely ‘go selling.’ 

He laughed and said he had a better idea…he was about to hire his first sales executive, whom he would put in a car and send him off to distant lands in search of buried treasure. 

‘No! No! Don’t do that!’ I shrieked. I went on to explain that his new hire would take 6 months to get to know the business and a further 6 months to break any clients and that the chances of him covering the costs of his salary, tax, car, pension and hotdogs (sales types need to eat too) was slim to none.

Sadly my friend was a) tired of selling and b) in love with the idea of having a sales guy on his team, as it made him feel big and important. He was stroking his own ego and overlooking the buiness reality galloping towards him.

And the end of the story? A year later he fired the guy and moaned bitterly at how much he had cost him, for no discernable return.

I’m not saying that hiring a sales exec is bad per se, just that you need about 50 other employees first to justify the long term investment. For most of us below that size, the trick is not to look outside our business, but to look in the mirror.

This means accepting that we are the best sales exec we have in our business and that we need to increase our bandwidth (as my Canadian client used to say) to give us more capacity to act. So, our fifth sales secret is bandwidth.

We undertake two functions in our business that add value: Delivery and sales. 

Anything else can be delegated. Time spent not delivering our service, or meeting new clients is, quite honestly, time wasted. We are sub-optimizing our potential, reducing the upward arc of our growth and generally just kidding ourselves that two days spent writing up invoices and paying bills is time well spent. It isn’t.

Instead of hiring a sales exec we can hire a part-time PA. Go for part-time to save cost and to focus them in doing only what they excel at. I have three part-time PAs and they are all fabulous and each perform specific tasks, with no overlap. My expenses get sorted, my book tweets are tweeted and my ILM training centre is looked after. Leaving me free to design and deliver content, or meet people, lunch, network and follow up new leads.

I’ve been asked countless times by colleagues how they can improve their sales performance and my answer has always been….get a PA, to increase your bandwidth, to give you the time to create more opportunities.

If you’re reading this and thinking that’s too expensive for you, then reflect on this…how will spending time writing up your expenses help you to increase sales?

Get wise! Get some bandwidth! Good luck…and happy selling! 

Next week: Caring for the CEO