Jim Naleid's - TEC Blog

Monday, August 20, 2012

University and Tech Schools - Do You Know Who Your Customers Are?


The other night my wife, two other colleagues and me had the privilege of dining with 82-years young, #PeterSchutz, retired CEO of Porsche AG Worldwide following fascinating rides through both Caterpillar and Cummins Engine.

A graduate of the Illinois Institute of Technology, the German-born Schutz returned to Germany to lead Porsche from 1980 until 1988. The company was in the midst of its first money-losing year in 1980. During the Schutz tenure, Porsche's worldwide sales grew from 28,000 units in 1980-81 to a peak of 53,000 units in 1986.

Peter is one of those individuals that you expect to learn something from and I may as well add, he works his audience like you'd expect -  as a demanding but congenial educator would. Finishing his salad, he posed this question; "Who would you say a college or university's customer is?"

That "deer in the headlight" look came over all four of us who sensed we had been sucked into the vortex of a trick question. What seemed to be the obvious answer swung between either the parents, the students or whoever was actually paying the tuition bill. The restaurant was noisy but even so, when Schutz blared, "No, of course not! The customer is industry, it's business and commerce - the folks that use the "product" these schools are supposed to be manufacturing!" One sensed we weren't the only ones on the receiving end of this hearty proclamation.

Schutz puts forth a convincing argument based on the premise that schools of higher learning don't get it. He used this example for the purpose of creating the analogy that correlates to many businesses that don't really know who their customers are.

Once introduced to the notion that many schools and educators, (some of my best friends are educators) misdirect their good intentions toward their perceived customers, the students or their parents, you have to think about that for a minute. In context, the manufacturing analogy is also fair. Institutions of higher learning that misdirect the shaping of curriculum to meet the demands of the "raw materials," their students, rather than those that will need and be willing to pay handsomely for the finished product are likely turning out goods with a very short shelf-life, if at all.

We're aware of the labor statistics today and while many businesses are reluctant to hire, given the pervasive economic and regulatory uncertainty, there are also millions of job postings and opening all across the country.

The morning after our dinner with Mr. Schutz, I spent four hours with thirty executives, business owners and CEOs who were asked what their greatest challenge at the moment happens to be. I'm guessing you've been in similar company lately and you know what the vast majority of them say. "We cannot find the talent and experience coupled with the requisite work ethic to fill the openings we have. If we could, we'd be hiring." I've heard this mantra for several years now. I spend more time reading the job postings in the local classified ads than I do the sports page or comics. I'm fascinated with this paradox.

I listen to those who say, "I can't find a job" and have come to appreciate that in as many cases as not, it is often a lack of proper training or of course, a lack of willingness to either work or be "re-tooled."

This brings us back to the big question. Do institutions of higher learning really know who their customers are? If the charge that schools are not turning out good "products" is at all true, then wouldn't it stand to reason that the folks running these schools ought to be thinking seriously about what their mission and purpose is; just as any business must do in order to survive and succeed?

Peter Schutz learned this lesson earlier in his career when the company that employed him as an engineer perceived that the customer that paid for the trucks and engines they built was the company that wrote the check. They were wrong. The real customer was the person who drove the truck that sat on top of those powerful engines. It wasn't until they came to understand that reality that they were able to separate themselves from the pack of competitors, who, for any number of reasons, had almost put them out of business.

There are great schools in this country, some of the best in the world. However, Schutz likely is not the only one in the room who is asking the question of these great schools and perhaps your business too... "Do You
Really Know Who Your Customers Are?"

Jim Naleid is a Life-long Entrepreneur, Change-Agent and Thought Leader, Managing Director of Naleid & Associates and Regional TEC (“The Executive Committee”) Chair leading a group of executives to become Better Leaders, Making Better Decisions with Better Results. http://www.linkedin.com/in/jimnaleid

Monday, August 13, 2012

COFFEE, LEMONADE or HAM 'n EGGS


...The Path to a Better Network

Years ago my face became recognizable to folks in the region due to weekly guest appearances on the local "News at 5" hour with the station's anchor.  It was a great time, a lot of fun but also a commitment that I was unable to continue after several years.

After a while though, one thing about it that un-nerved me, from time to time, was that frequently walking through airports, be that Chicago, Minneapolis or Atlanta, someone from the 'Hometown' would recognize me and approach as if we were best of friends. The same thing would happen in the local hardware store. Admittedly, at times this just out-and-out spooked me!

THE LEARNING CURVE

As we all work at trying to adapt to this worldwide networking experience, we find ourselves wondering about the up and downside as we learn. My LinkedIn, Twitter and Facebook pages all include a personal photo. With the former experience in mind this was something that didn't come easy. Then again, it was obvious that if there was any possibility of turning these virtual relationships into meaningful, trusted relationships as one LinkedIn 'guru', Wayne Breitbarth www.linkedin.com/in/waynebreitbarth suggests, those I hadn't yet met, but intended to, would have to be able to put a face to the name.

Breitbarth has a good amount of advice relative to building a network of folks you know and carefully selecting those you don't really know as those you may or may not decide to have in your network. His book, The Power Formula for LinkedIn Success, is on my recommended reading list.

Bear with me for a moment, I'll connect some of these dots in a bit.

CONNECT THE DOTS - WITH PURPOSE

Joe Sweeney, the author of Networking Is a Contact Sport, http://www.allstarnetworkinggym.com/, among a great many other things he lives by and teaches as a basic tenet is that networking must be an exercise in giving rather than receiving. Of all the insightful things Joe shares in this book and his webinars, this idea turns the old notion of attending Chamber of Commerce  'After-5 Meet 'n Greets' to build a professional network on end.

This morning, as I decided to do every morning of late, is to spend "A Minute with Maxwell." John Maxwell just gets a minute of the sixty I spend perusing the latest from a vast network of great thinkers, friends, and those connecting with one another. Today's "AMWM"  inspired this blog, for a number of reasons. http://johnmaxwellteam.com/connection-2/ 

WHY SHOULD I?

Some time ago, it occurred to me that in order to really be able to create value for others along this networking path, it wouldn't make the most sense to send a bunch of people I may not know the default "I'd like to add you to my professional network on LinkedIn." The primary reason why was that being the recipient of such left me asking the question, "Why should I?"

Two things came to mind that would be incorporated in my efforts, 1.) When I came across someone I did not know but would like to get to know, if only by way of LinkedIn for instance, the default available was abandoned and a personal note of some sort was attached to the request instead, and 2.) When an invitation to join someone's network came my way, particularly if I didn't know the person, my choice was to send them back a note and in so many words, ask the question, "Why should I?" It was my desire to know why they sought me out, who may have suggested they get in touch and most importantly, what could we do to be of mutual assistance to one another? Those that came back with a response have come into my network, those that did not, have not.

Where it has been practical, say within a 60-mile radius, my invitation or response has included the notion that it would be a great idea if we, the human beings attempting to initiate a new relationship, would agree to meet for a cup of coffee, a mid-afternoon lemonade or ham 'n eggs. I'm telling you, this is what has changed my world as dramatically as anything. Take the virtual to reality trip yourself. I guarantee that it will enrich your life!

Returning to my concern about being recognized and thought of as a friend; it happened to me the other day on my way into an Office Depot. Someone in my network, that I hadn't had that cup of coffee with yet, greeted me as if we'd known each other for some time. The experience was gratifying this time and it reminded me that I've plenty of work to do in continuing on the path the turning this virtual world we've welcomed in many ways, into an ongoing adventure of connecting with one another for all of the reasons we'd like to think are good, very good.

Jim Naleid is a Life-long Entrepreneur, Change-Agent and Thought Leader, Managing Director of Naleid & Associates and
Regional TEC (“The Executive Committee”) Chair leading a group of executives to become Better Leaders, Making Better Decisions with Better Results. http://www.linkedin.com/in/jimnaleid

Thursday, August 2, 2012

Stay Out Front of Your Board

A company that is large enough to have a full corporate board, or at a minimum an advisory board of sorts, also has an Owner/Operator or CEO that tends overlook the need to think out in front of board members who may ask that one big question that wasn’t anticipated - asked appropriately at a moment that it was least expected.

A good board member is going to do just that; not for the sake of being troublesome but for the sake of making sure that the operator is, indeed, having all of their answers questioned. The operator is accountable and should welcome such probing questions and yet, in my experience, many leaders live in a “vacuum of hope.” 

They hope the question that needs to be asked is not, or they haven’t bothered to take the time to think out front and honestly assess whatever weak link may exist in the performance, plan or objective being discussed

An exercise that my client CEOs are asked to complete is the “Five Questions - Either Way” below:

A.      Create 5 Questions you, as a board member, would ask a CEO that could be used to make sure all of her/his Answers were being Questioned;
1.)
2.)
3.)
4.)
5.)
B.      Create 5 questions you would not particularly want to be asked if you were the CEO.
1.)
2.)
3.)
4.)
5.)

How did you do? It wouldn’t hurt to keep this challenge out in front of you as a tool to prepare for every board meeting.

Board members are there for the purpose you’ve asked them to participate in and they have a responsibility, should have the intellectual curiosity and the desire to assist you in making better decisions, with better results.

Jim Naleid is a Life-long Entrepreneur, Change-Agent and Thought Leader, Managing Director of Naleid & Associates and
Regional TEC (“The Executive Committee”) Chair leading a group of executives to become Better Leaders, Making Better Decisions with Better Results. http://www.linkedin.com/in/jimnaleid

Wednesday, August 1, 2012

Who Won the 19th Medal?











Don Schmincke

Jim Naleid is a Life-long Entrepreneur, Change-Agent and Thought Leader, Managing Director of Naleid & Associates and Regional TEC (“The Executive Committee”) Chair leading a group of executives to become Better Leaders, Making Better Decisions with Better Results. http://www.linkedin.com/in/jimnaleid