Management One's Homepage

New! Management Related Articles by M1 Affiliates
(new articles added bi-monthly)

Winning@Business
-
A simple effective strategy and a management process that gets everyone working together to grow your business is the result!

Winning@Retail -
Stocking only the mechandise that will sell is crucial to avoiding costly markdowns. Winning@Retail can give you the purchasing edge.

Want a friend or associate to get the newsletter? sign up for our newsletter by typing your e-mail address in the box below and then hitting 'submit' while online
Note:Your information will not be sold or
distributed outside of M1

 

We Have a New Face!

Management One® is genuine in the credo that change is inevitable and, if acknowledged and accepted, can be a very good business force. With that perspective in mind, M1 is rolling out its updated image with a new logo, new Informer masthead, new identifying peripherals and -- soon to come -- new brochures, presentation materials and website. The logo, when printed in color, will sport a red directional going through the name. 2006 brings a whole new look for Management One®!


Global Recognition

Sean Curtis, Country Director for Management One® in Ireland, was recently featured in that country's most widely circulated newspaper, the "Sunday Independent". The column by Martin Fitzpatrick spoke of Curtis's past as the head of marketing for a large bank and also of his experience as group head of communications for an even larger bank. The article then went on to tell about Management One® and Curtis's leadership of the growing number of affiliates there.


Problem or Opportunity?

Management One® affiliates have a positive way of approaching business dilemmas. They choose not to perceive them as problems but rather as opportunities.

How often have you been presented with an idea and responded with, "The problem with that is..."? That phrase creates a negative tone. The originator of the idea becomes either defensive or demoralized. Either way the idea is quashed immediately and an opportunity for your business may have been killed before it was given a chance.

Instead of hitting an idea with instant negativity, try this approach: Examine the idea, brainstorm it, see if it is measurable and then decide whether or not it is a good opportunity to pursue or to let it go.

A good illustration is the decision whether or not to present a trunk show. When the idea is presented, many times the owner's response is something like, "We tried that before and it failed," or "The last time we had a poor turnout so we've decided the customers are no longer interested in those showings."

A better way to respond may be to examine what was done to bring in the traffic for the show. What was the activity level? How many cards were sent? How many personal contacts were made? What has been the response for that show in the past? Were there any extenuating circumstances that kept clients from attending (i.e. a snowstorm)? All of these questions are measurable and can provide the data necessary to make the decision on whether or not trunk shows should be promoted. The next step is to examine the gathered information and decide what can be done differently to make a difference.

Measurement of relevant data and a positive attitude can be valuable tools to allow your business to grow. Ideas from your staff, your customers and your Management One® Winning@Retail affiliate are another opportunity to feed your well of things to do to generate traffic.

The next time you're about to shoot down an idea, stop yourself and say, "Let's take a look." Remember: Retail is detail. . . the sum of doing a lot of little things right!


Quote of the Day

"We cannot direct the wind, but we can adjust the sails." -- Bertha Calloway, Founder of the Great Plains Black Museum


 

Copyright Management One 2005