Archive for the ‘Positivity’ Category

Pessimistic, Realistic or Optimistic – Which are you?

June 6, 2011
Optimistic, Pessimistic or Realistic?

Would you sit next to this guy at a party?

My friend was killing me with his negativity, I was feeling hot, uneasy and uncomfortable.. despite really liking him and not having seen him in quite a while I just wanted to get out of there!

I guess I’ve been accused of the opposite, taking a general optimistic approach to things. For some this can come across as being uplifting and for others it could be seen as being naive and maybe they want to get away from me?

It can be difficult at times when we are surrounded by doom and gloom, bad news, tangible signs of distress and people that are really struggling with things going badly wrong for them and we all have a different way of dealing with this environment.

In the meaty discussion with my quite successful friend I found myself not wanting to be in his company any more as he was sapping the energy from me with his pessimistic view on everything. I could literally feel a cloud creep over us as we chatted.

His big argument when I challenged him about his “outlook” was that he was being realistic as opposed to being pessimistic. In his view I was being optimistic and not realistic!

Of course neither of us were wrong and we agreed to disagree and having thought about this even more I think the real secret is all about adopting a “positive” attitude – even in a pessimistic frame of mind this can be quite powerful.

Even though the environment has been terrible my friend’s business has done really well by him positively tackling the lousy climate and continually adapting, despite his pessimism!

Whatever is happening in your business you do need to get through it “yourself” and part of this is equipping yourself with the tools, attitude and general approach that works best for you.

For me I recognise that part of my own personal armour is adopting a positive approach, which at times can be quite challenging. And yes, I am optimistic about how me and our business will survive and thrive but being realistic I know this will only happen if we work our socks off and continue delivering for our clients.

My medicine?

Even when things are going wrong attack the situation with positivity, be optimistic about your future success but realistic about what you need to do to achieve it. And if the guy sitting next to you is dragging you down with his negativity, pessimism or realism then move on politely..

No one said it was going to be easy!

Greg Canty is a partner of Fuzion

The Fuzion Women and the Wedding !

April 29, 2011
Mary & William, Royal Wedding

The Royal Wedding - is that Mary or Kate?

Now before I go any further let me stress that at Fuzion we have a team of intelligent, diligent and very hard working women ..

“Oh my God” this is going to be the best day ever … Mary (our Londoner, who may feel hard done by today – in the UK this would have been a day off – I think it is here as well!!) declares in a very excited fashion – Oh My God is right !! They are definitely a different species ..

The amount of time and detail and arrangements that have gone into the big day is incredible – I’m not talking about the the arrangements in London, I’m talking about the arrangements by the intelligent and hard working female crew in Fuzion.

The William and Kate inscribed champagne flutes are on standby, special cakes have been baked for the occasion, the LCD screen is set up and the wedding of the decade is about to be screened.

10:30 AM and we are already listening to the excited screams, oohs and aahs about the different dresses and I can confirm that the girls have freely admitted that “we would all love to be a princess”!

10:40: “Oh my God, I have that coat”, “Look at the dress it is, AMAZING !!” “She’s put on weight” “Look, look it’s Prince Charles”

11:02: The girls freak out as the screen freezes on the CNN feed- panic !

Now all the boys are watching it as well ..if you can’t beat them you may as well join them!

Major excitement as we have just unveiled a picture of Mary with Prince William – Paul did a great job with it and I think Mary is genuinely impressed .. we have another little gift for her later!

11:45: We are in the middle of the vows and girls are nervous .. very tense … Yahoo !! They have done it

Fuzion Girls

Fuzion girls working hard!

12:15 “Do you think they will kiss on the balcony ?” – What do you think? – of course they will ..

The champagne and Pimms is flowing, the scones and cream are ready, we have sandwiches, we have gorgeous cheeses, we have pate .. we’re having fun!

The girls are now practicing their Queen “wave” – Jill is definitely the best, guess who has done this before.

Mary is not impressed at the picture of her as the Queen, she prefers being a Princess I am guessing – she is the most fabulous girl, we’re mad about her! William would be lucky to have her but he had to settle for Kate, another commoner.

12:50 Ali arrives to join the fun!

13:05 and all the girls now are just waiting for the balcony kiss (by the way Posh Spice’s outfit got the thumbs up!)

13:27 – the moment has come, they have appeared on the balcony – Mary has declared to us that “I have goose bumps”, Kerrie being very practical “Ah for God’s sake, hold hands will ye!” .. wait for it, wait for it .. lots of waving, anticipation, more waving and there you go, smack – the most polite, useless pathetic kiss of all time!

.. the crowd are chanting … kiss again, kiss again, obviously not very happy with the 1st one … nothing doing just yet, more waving. Ah damn – they kissed while the cameras were following the air force jets flying overhead – what a waste!

That’s nearly it, they’re all going in, backs turned and in they go – “That marriage isn’t going to last” , “Ah, I think it will”

Fuzion wedding girls photo

Fuzion girls know how to have fun!

William and Kate (or Mary!) you brought us a little bit of magic today, thank you and the very best of luck!

It probably won’t be easy..

Now – back to work!

Greg Canty is a partner of Fuzion

The Brown Envelope and the Harp

April 25, 2011
The Brown Envelope and the Harp!

Will I open it?

There it is patiently sitting on my desk waiting to be opened.

In fact it has been there for a while and for some reason I am just not ready yet to open it. You might call it procrastination and that might be a fair comment but for me it is about something much more simple than that ..

I have to be in a positive place to get the best out of my day, my team and my own workload. It’s tough out there, you need to punch in long hours and do everything you can to keep the positive energy going and to keep winning – This is working well for us and I feel I actually owe it to the business and our team to protect myself and stay in this positive place.

I am quite sure that there is nothing in that brown envelope with the harp that is going to make my day any better so it does tend to stay there a while. I know there is nothing wrong that I should be worried about but they never fail to surprise you! Will I open it?

Procrastination or protection?

Greg Canty is a partner of Fuzion

Are you spending enough on Positive Costs?

April 25, 2011
Doorman

Positive Cost ?

In my accounting days (yes, I know most of you won’t believe it – I was!!) we had a few different ways of looking at the costs of a business.

The most popular of these was a very simple analysis – Fixed Costs, which were those costs that would not vary with volume and Variable Costs, which were the costs which did vary according to volume. This was quite a simplistic model, which didn’t always hold up!

We then had other methods of looking at costs such as Zero Base Costing and Activity Based Costing .. interesting stuff indeed!

Since the recession has kicked in I have witnessed first hand clients being advised to cut back on expenses by the accounting fraternity and often they just do it themselves automatically – the types of costs that get chopped first are those that are deemed to be “unnecessary”, which will typically include marketing &  advertising spend, sales reps, items like training, corporate entertainment, Christmas gifts, staff entertainment  and other “extras”.

On the surface it is easy to figure out why companies would cut back in such a way but you could ask the question: Why spend this money when sales were easier to come by and when it is harder to win business you just abandon them?

Could reduced sales be a self fulfilling prophecy when you cut out certain overheads?

The New Cost Model

Taking the knowledge of my old profession and combining this with what I am witnessing with clients every day I am now proposing a new way of analysing costs.

Here goes ..

There are actually three types of costs:

Negative Costs –   these are the costs that a business is “stuck” with, regardless of volume. It would include Rent and Rates (but not necessarily 100% of these – I will explain that later), Insurance, ESB, etc.

Maintenance Costs – these are the costs of servicing the business that you have brought in. It would such items as staff costs, raw materials, power and delivery costs.

Positive Costs – these are the costs that are all about bringing new business in, effectively the costs, which should have a “positive effect” on the business.

Positive costs are the most important costs of the whole business, they are the elements that are designed to start the engine, the elements that can make things happen, that “trigger” customers to actually place an order.

Positive costs are far reaching and could include surprise elements that you would not expect: the premium you pay to have a premises in a location that will bring in more customers, the cost of washing the car after it has been serviced, the cost of polishing the shoes that have been repaired, the cost of having a receptionist who answers calls promptly and deals with customer queries swiftly.

There could be an element of positive costs to most people overhead in the business – the porter who does “meet and greet” at the door of the hotel, the credit controller who carefully spends time with customers who are experiencing difficulty, the accountant who spends time with customers to understand the business better, the staff party to reward a hard working team and a deliberate initiative to improve morale.

I’m sure with a little effort you will think of thousands of other unexpected examples – all of these elements contribute to bringing in more business and create a “positive effect” on the business.

Of course Positive Costs will include items such as advertising, marketing, graphic design, web marketing, social media activity and even PR!

Positive costs are absolutely essential for generating business for any company – cutting these out may be viewed as a necessary step but it will eventually choke the oxygen of the business.

Recession (or any time for that matter)

Using our new cost model I would suggest the following approach:

Analyse your costs into the different cost categories and work towards –

1. Reducing the negative costs as much as possible

2. Improving efficiencies and work practices so that maintenance costs are as little as possible

3. Spending as much of your overhead budget as possible on positive costs .

I am not for one minute suggesting naive spending – always look for the best value in your positive costs and don’t waste money, making sure they are actually positive costs – that the spend results in increases in business.

Are you spending enough on Positive Costs in your business?

Greg Canty is a partner of Fuzion

Have a Positively Fabulous Easter!

April 14, 2011
Retail tips for Easter

Positivity? - Why Not !!

Budgets, bad weather, IMF bailouts, things are tough, sales are bad, wages are down, burn the bond holders, senior bond holders, junior bond holders, any bond holders – Oh my God, my head is bursting ! Enough is enough ..

In business all the marketers will tell you about the importance of having a Unique Selling Point, a USP. It is that element that is unique that makes your business special and makes you different to your competitors. In a busy marketplace that can be hard to achieve. In the current climate it can be even more difficult as everyone is afraid of mistakes so we end up playing it very safe, even boring at times.

Now go back to my first paragraph, read it again and then read further on and let’s discover a really simple way to make your business stand out this Easter.

Here goes..

This Easter draw a secret line around your business and make it a haven for all those who enter or deal with over the phone or on email – you are going to give them a gift, something that is quite unique, something that are not getting in most other places. When anyone crosses that secret line they are going to experience nothing but positivity – yep, that’s right simple positivity.

That’s all well and good but how do we do it? – Here is my 10 step plan!

1.       Yourself – You start! ( “Good morning, Greg”)

2.       Your Team – Tell them that negative talk is banned, you want them cheery and bright with customers – watch what happens (have a negative jar instead of a swear jar!)

3.       Bright – You want to see bright merchandise in the windows, bright visuals on your website, bright stock in the stock list, bright clothes on the staff. Buy flowers!

4.       Sales – Increase your sales targets. We all know it’s not easy but tell the team you are budgeting for an increase (let everyone else do the opposite, prepare for the negative it and it will definitely happen)

5.       How to? – Ok, while you are positive you are also realistic. You want positive plans from your team as to how the sales targets will be achieved

6.       Bonus – Promise bonuses for those who succeed, win/win if you make it

7.       What to do with that bonus? – Get everyone in the team to write on a piece of paper what they will do with their bonus (put their private responses in an envelope with their name on it – keep it for them)

8.       Drinks/dinner/chocolates/coffee – When the sales plans are done and the bonuses are decided on do something as a team. Bring chocolates or buns into work.

9.       Customers – treat them really nice, offer them coffee, offer them biscuits. Tell them about the secret line if you have to – they will think you are nuts but they will appreciate it

10.   The World – little enough that you can do about the other stuff, keep it outside the line!

Sorry I have one more tip – why stop at Easter?

Happy Easter!

Greg Canty is a partner of Fuzion