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Use AI to Improve Your Performance - 7/23/24


Many companies are integrating Artificial Intelligence (AI) into some aspect of their business.  This could greatly change how they operate, how they communicate with customers. This AI wave reminds me of a story from 20+ years ago when a stock brokerage firm launched a new website that greatly enhanced the Read more

The New Burger Experience - 7/16/24


Floyd loves a good hamburger. Any chance he gets to try a new spin on an old standby, he takes it. Recently, a burger joint opened near his house, and Floyd was very excited! It was owned by and named for a world-renowned chef, so it had to be Read more

Boost Customer Happiness - 7/9/24


There’s a cooking show that a friend of mine watches, and the premise is all about reverse engineering food.  They may take a Reese’s Peanut Butter Cup, analyze it, and determine the ingredients just by tasting it.  Then they figure out a recipe.  The cook will try to make Read more

Brainstorm to Better Yourself - 7/2/24


I’ve led enough sessions with clients on continuous improvement topics to have solid experience on how to lead ideation exercises, brainstorming to develop new ideas.  Oftentimes these sessions start with the right question; the first answers may not be the ultimate solution, but they can serve as a jumping Read more

The Power of the Pause - 6/25/24


When I’m facilitating a meeting, and it feels like it’s going off-track or the discussion is going a little longer than it should, I may say something like “let me pause the conversation so that…” or “let’s pause just for a minute and consider…” I don’t like the word STOP. Read more

Handle Interruptions Heroically - 6/18/24


In the middle of a project, Jimbo, the customer service team member, had to stop what he was doing because he received an e-mail from a customer complaining about their experience at a recent event. Later that day, Jimbo was asked by his boss to put everything on hold for Read more

From Employees to Teammates: The Shift - 6/11/24


Be a great teammate. Be a good team player. We’re all part of the team. We’re no longer employees, we’re team members! The phrase “Team” is used in describing co-workers so much more than it was used years ago.  Then, we would be talking about employees, talking about staff, talking Read more

Nurture New Relationships - 6/4/24


Freddie was a new business owner in town.  He was launching a franchise, had acquired some funding from a local bank, and was in search of staff who cared about customer service. All the while, he was in the process of renovating a storefront for his business, so he was Read more

There’s Positivity in Patience - 5/28/24


The employee at the financial services firm was working with a new client on a relatively simple loan.  The documentation was about as clear as it could get to the employee, but the customer had lots of questions.  The employee calmly, clearly, and specifically answered each question.  The meeting Read more

The Goal – A Great Experience - 5/21/24


The following is a narrative of a great experience (people, process, service, facility) at a minor league sporting event – key points that could apply to any business are in bold… Mark and I pulled into the parking lot, excited about the game.  The Slapshots had been on a roll Read more

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Be Alert to BRE Red Flags

Posted on June 13, 2013 in Business Advice, Government Please leave a comment

Imagine that you’re a Business Retention & Expansion (BRE) professional. You target certain businesses locally to get to know, develop good relationships with them, and yet “things happen” with them that catch you off-guard. They announce they’re leaving, they’re downsizing, or they won’t renew their lease.

You wonder “Why didn’t I know about this sooner?”

Part of being great at BRE requires that BRE professionals get to know what’s going on OUTSIDE the area that can affect local industries. For example, CSS monitors business intelligence for BRE organizations, and noted below are examples of information that applies to our clients’ industries. Assume that “Company ABC” is one of your key local businesses:

  • Company ABC Appoints Two Key Executives to New Leadership Positions
  • Company ABC recalls key product
  • Company ABC Completes Purchase of Key Competitor
  • Company ABC expands its campus with purchase of 16 acres…in another State
  • Company ABC to close plant (in a different region of the country)
  • Company ABC starts hiring freeze after slower sales
  • Company ABC cuts hundreds of jobs, pays millions in dividends
  • Other jurisdiction approves incentives to help lure Company ABC
  • Company ABC to be purchased for about $229 million
  • Competing jurisdiction to sweeten the incentive pot to attract Company ABC.

A strong BRE professional will know how to utilize information about what was taking place outside his/her region.

With this business intelligence, would you be able to be proactive in communications with local constituents? Would you be able to predict risk and opportunities earlier? Would you be able to impact business decisions?

Your answers should be Yes, Yes, Yes!

An important part of any BRE strategy is to be able to predict what could happen with your local businesses by staying abreast of what factors OUTSIDE your jurisdiction could be impacting your clients.

Be Alert to BRE Red Flags.

Check out our BRE intelligence-building service at http://brebuzz.com/.


BRE a Matchmaker for Your Customers

Posted on March 27, 2013 in Business Advice, Government Please leave a comment

If your customer is a business, remember that that business wants customers. But just as importantly, that business wants high quality employees to serve those customers. This is a key that any Business Retention & Expansion (BRE) executive knows – if you want to keep your local businesses, their local life blood is often their employees.

The article NKY Boost promotes employee retention notes how the local BRE personnel worked with a large food processing firm to improve the transportation options for staff to get to/from work. But later on in the article, a broader and equally important point is made – Sales are growing, “but it doesn’t do much good if the employers – manufacturers, in particular – can’t find qualified people to hire. More than 40 percent of companies told Tri-ED they face recruiting issues, and 57 percent said they have workforce training needs.”

I’ve heard these stories and related statistics from other BRE professionals as well, so it begs several questions:

  • How are you identifying employee needs and job openings at your local businesses?
  • How are you identifying high-demand skill sets at your local businesses?
  • How are you identifying people with those skills in your community?

And maybe – most importantly – What are you doing to be a matchmaker between local employers and prospective employees?

Is there a jobs clearinghouse, a web portal for exchange of job listings and resumes, or training partners in community colleges and elsewhere tailoring programs to meet those high-demand skill sets?

Your businesses need high performing employees to ensure efficiency, quality, customer service, and growth.

Make sure you’re being a matchmaker.

Interested in a site just for BRE professionals? Check out http://brebuzz.com/ 


Compete for Businesses by Making Them Competitive

Posted on March 5, 2013 in Business Advice, Government Please leave a comment

In the article Lakeshore and Crossroads chambers collaborate on economic development, it’s stated that “The LCEA’s short-term objectives of the business retention and expansion surveys are: 1) to demonstrate community support for local businesses by conducting personal interviews, and 2) to assist with any immediate business concerns. Long-term objectives include: 1) build capacity to sustain business growth, 2) increase competitiveness of local businesses, and 3) establish and implement a strategic plan for economic development.”

To interpret these objectives, in the short-term get to know your businesses well, get them to know you, and help them resolve problems. Be the group that breaks down barriers to local success. In the long-term, there has to be a little of a “build it and they will come” mentality, where there has to be community capacity of people and facilities for expansion. At the same time, local communities need to help local companies be competitive. And that’s where we dig deeper…

What can you control? What can you impact that makes your businesses more competitive?

Keep in mind that Business Retention & Expansion (BRE) executives can’t personally make their local businesses’ equipment, man their call center, or work on their assembly lines. When companies try to be more competitive, they want to manage costs, improve productivity, reduce throughput time, improve the work environment for their employees (since they compete for personnel), become more nimble when expansion opportunities arise, and be able to more easily work with suppliers. So how can your BRE program impact your businesses?

  • Manage costs? Think about taxes and fees, roads and infrastructure, technology needs.
  • Improve productivity? Consider workforce training resources, job postings, etc.
  • Reduce throughput time? Streamline permitting functions or – again – look at the infrastructure.
  • Improve the work environment? Improve the quality of life in the community, schools, parks, etc. Share best practices from other employers.
  • Become more nimble? Identify facilities that are currently vacant or are soon-to-be, and create strategies to match them to employer needs quickly.
  • More easily work with suppliers? Identify needs for suppliers, and develop a local business environment (and local businesses) that can provide those needed materials, products, and services.

To keep local businesses, you have to compete for those businesses. Compete for businesses by making them competitive.

Interested in gaining intelligence on your local businesses? Check out http://brebuzz.com/


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