Archive for category Work

Planning on paper, continued.

Truly stretching people’s minds to think beyond the day to day restrictions they consider relevant to their business can be oth uplifting, and dreadfully hard work.

Whether working with creative people or accountants the ratio of those who want to spread their wings and fly, to those who really don’t want to think doesn’t actually change much, though teams that are closer to mathematics definitely seem to be more creative minded. Still, whoever they are I spend some time helping them realise that creating might come more naturally to some of us, but in fact most of us are more than able to generate ideas, the most important thing is to actually want to.

Just writing that reminded me that I used to give my teams copies of the book by James Young on the subject – I’ve made his name into a link to the book on Amazon if you’re interested in buying it. Shocking really, I don’t know where my own copy is now.

The ideas phase is to stretch their imagination – how might that apply to ForEx? Blimey? I haven’t a clue yet, but it’s their job to do the thinking, I’m there to help them get started.

We should get to this stage at the end of the first day, but not too late – say three o’clock, before their enthusiasm starts to wane.

At three I’ll run a short presentation with quotes and photos from the day to recap on what we’ve discussed, then next morning we’ll do a similar recap but with them talking it through with each other.

Next up we refine the ideas until we have three (four at the outside) potential propositions that we’ll work at to determine what pushes us a long way beyond the competition, but that we could actually deliver.

Wow! It all sounds so possible just typing it out like this. Actually running the sessions is a whole lot harder. I’ll be exhausted. I’ll try to do it on a Tuesday and Wednesday then take a long weekend.

Talking ForEx, a lot of planning to do.

I mentioned a few days back that I had a call from our ForEx business leader wanting me to look at doing some propositions work with his team.

I’m thinking onto paper here in order to get a few ideas down. Do bear with me.

I’ll be talking to the business team of ten or so people, they’re the software guys, the salesmen, the help desk and there’s a copywriter. We’ll also have four clients from right across the spectrum. One guy is from a pensions giant and sometimes trades a million dollars in a day, while one describes himself as a hobby trader and is dealing in his own money. Despite that he’s still trading thousands of dollars a couple of times a month – it’s sobering looking at such wealth. The other two are brokers working on behalf of clients.

I need to inspire them to talk about their business, the boundaries they work within, and the potential effects of breaking through those boundaries.

What do they offer that’s any different to anyone else? I have the horrible suspicion that they’ll say it’s a commoditised market and what they do is the same as what the next company does.

Whether they do think that’s the case or not doesn’t really matter as next up we’ll start looking at the business from a customer perspective. This deliberately follows what the business offers as otherwise you’ll try to fit the business offering to the customer, justifying stuff from a customer perspective even when there’s absolutely no customer relevance to a practice.

The clients are vital here, but also I’ll pull in a couple of people to talk about completely different sectors. I have a good friend at Wholefoods Market who will blow these guys away, and I have a used car dealer who customers say they’d prefer to go back to than buy a new car as the experience he delivers is so excellent.

Part of the reason for the customer stage is to consider other markets and what constitutes great to help the guys realise that great is often a long way from what they’re doing.

This is helping me prepare so much better than when I usually just write a few notes on a big sheet of paper. I have to get back to the grind now but I’ll do more of this thinking on paper.

A new role?

I’ve been a bit bored at work for ages now, despite the stress of job insecurity I think a lot of us are going through the motions to a large degree. That doesn’t mean we’re not working hard, but we’re not breaking any new ground, doing anything exciting. That has helped a bit with the uncertainties about where the next cuts will fall, when you’re not loving what you’re doing it is easier to detach yourself and take a realistic view of your prospects, and I believe mine are pretty good if I were to go out into the market to look for something new.

Then I had a call yesterday asking me to meet a certain person at our place first thing this morning. No more detail than that.

I looked him up on the internal directory and on Linkedin and see that he’s operations director for our Forex business, so I’m rather surprised that he wants to see me – I know almost nothing about the business, or even the market. I did a quick bit of reading up on forex last night so that I wouldn’t sound too stupid when I met the chap, and I’m glad I did. He wants me to do some propositions based work for his business, working out what truly pushes the customers’ button in choosing to place their deals with us, or one of the competition.

The fact that I don’t know the market will probably make me better placed for this work than a market expert – I can approach it with a novice’s eye for flaws, incongruences, and opportunities. I have to admit I’m chuffed to bits, and especially as it was my boss who put me forward. I’ll let you know how it goes.

Oops – good job I went out

Susan, Susan, Susan. The likelihood of you ever discovering my blog, let alone reading it, is so so slim, but nonetheless I am so glad I went out when I did.

Gary’s stories about Susan were exciting and more than a little racy. You’ll have to wait and maybe I’ll carry them on some other day, but I must make sure I don’t do so after a drink!

We ended up drinking Oyster Stout in Shoreditch last night. It looked like Guinness, smelt  like nectar, and tasted heavenly. After just a quick couple of pints I was well on my way. Got a bit told off when I got home I think, but all seemed OK this morning.

I’ve just ordered a pair of Police Jeans online for mum to send to one of her nephews. What a choice! Mum reckoned he wanted a pair of jeans and said something about the Police, I hope I’ve put two and two together and come up with the right product! I can’t say that I put heart and soul into the choice, I hardly ever speak to my sister and have had pretty much no contact with her kids in years. I’m not even sure how old he is.

Work’s doing my head in today. I just went out into the gardens to do the order and to write this, and the day is gorgeous! I don’t want to be cooped up in an annoying office today. What I’d really like is a swim, in a river, or the sea. You can’t do that easily in London, but I could cycle up to Hampstead later…

That reminds me, I must write about buying the bike.

Thinking about the business of advertising and brands

I was discussing branding with a colleague at Gino’s, the coffee shop down the road.

My man, let’s call him Peter, is brand obsessed, as in everything he owns has to have the brand showing, but he buys popular brands of the people, such as, oh I don’t know, Nike most things, a TAG watch, Ran Ban sunglasses, Smirnoff vodka etc.

This is interesting to understand for me. I’d say that I too am brand obsessed in some ways, and yet I don’t like to show off whatever name I’ve bought.

My consideration relates to who gets the most joy from their brands. And I truly don’t know. I love it when someone asks me where I bought something, and that’s recognition enough for me, provided the thing functions as well as I could hope for it to. Peter on the other hand gets his kicks from everyone knowing what he buys, but as a consequence they probably don’t ask him where his stuff is from.

But our conversation was about quality and brands versus price. It’s an age old debate, and one that gets ever more muddied as consultants hammer into business owners the need to create brands and charge more for the security that brand brings their consumers.

Bizarrely there we were, two moderately intelligent guys, openly admitting that we’d pay more for an object where we recognised the brand versus one that we didn’t. Where we differed was that Peter will always seek out what he knows, whereas I have a deep curiosity about anything new I see.

I want to continue this theme as it’s helping my thinking just writing this down. What about very high priced brands that the masses haven’t heard of? The interest here for me is that their very exclusivity depends on that ignorance of the masses. This could cue a discussion on the rise in popularity of Burberry some years back. Suddenly there was such demand that a huge black market was established – but what happened to its core customer base? Were they going to spend a fortune on something that the kids in the estates were wearing (even if the kids had rip offs)?

I raised that discussion in a presentation at a business I’d not long joined some years back. I never did get on with the chief executive, but it wasn’t until I saw his kids that I understood – they were big Burberry fans. All authentic. Cost a fortune to look like something from the council ghetto!

My World – Work

My world has far too much work in it. But it also has music, film, books and bikes too.

We all seem to work silly hours at our place. No one can remember any more if it’s fear of not looking dedicated or merely habit. And I think that could be a malaise that has taken over much of Britain. We work huge hours, but I can’t believe that the big companies are any more productive as a consequence.

That’s largely why I want to do my own thing. I’m not scared of working hard, in fact I’d go as far as to say I enjoy it, especially when it’s stretching my brain, but if I’m going to be working ten or more hours a day I’d like it to be for me, and ideally at home so that we spend a bit more time together. As it is I’m often so tired when I get home. Then I’m stupid and spend ages playing poker online late at night – but that’s another story that I’m sure will come out too.

I work in marketing at the moment, but I’ve spent time in Brand, Customer Services, and various telephone response areas, basically anything that’s directly to do with the customer. I’ve even managed branches a long time ago. Because of this I’m a bit obsessed with businesses getting stuff right – and that’s the kind of area I’ll look at working in, but most likely as a liaison point between smaller businesses and their communications suppliers, giving the client the benefit of a mature marketing person, but without the overhead. I’ll talk more about this too when I’ve properly got my head around what it all means and what my role will be.