Maidsfield Blog - Partnering and Business Development

I am currently reading Jim Collins’ ‘Good to Great’. I really really like it.

In discussing the “Hedgehog Concept” in deciding your business direction, the question of ‘What you can be best at’ is raised. The question emphasizes taking a reality view based on facts, rather than based on a challenging aspiration. I think its probably a healthy balance of both facts based and aspiration as collecting all the necessary facts may be time consuming and costly. Gut Instinct should come into it also.

If you want to be a market leader then what would you do if you were leader? If its 5 or 10 years from now, how would your company look? What type of people are part of the team?
How would you act? How would you market? How would you sell? What partnerships would you have? How would you deliver your solutions? What does the market see and think about you?

You would no-doubt operate to a set of uncompromising standards.

Start today, act like it today, carry out all actions as the leader you have in mind.

Dress for where you’re going, not for where you’re coming from.

In the middle-ages, when people didn’t understand something they either put it down to an act of The Gods or superstition. As science explains more and more we seek to control more of what happens by being better informed.

In sport, we see the weaker teams leaving a number of things to chance rather than being better prepared and experienced to know that its not luck that wins games.

In Marketing and Sales, the more experience and knowledge we have of the solving the needs of a market then the more certain we can be in selling solutions to that market.

Its not chance that understands how to win sales with the least effort and in the shortest time. Its not chance that understands the market, how to reach clients and effectively progress the sales process.

All along the sales generation process there are many hurdles and they can be very different for different types of sales. New concepts and products bring their new challenges. These challenges are in understanding what it takes to generate optimum revenue, from defining the offering, making the sales and down to creating satisfied customers and building a track record.

I had a view ten years ago that so much of marketing and sales was about chance. Now I see that was totally incorrect and inexperienced. Today I have a view of what is certain with still many areas of uncertainty left a little to chance.

I’m looking forward, impatiently, to replacing chance and uncertainty with near certainty in marketing and sales as we gain more experience and knowledge of our market.