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1Spodek & Co.
Audience
Who this presentation is for:
• Business owners with staff or gearing up for staff.
• Talent and HR professionals
• Marketing professionals who create the voice for
your brand.
2Business Survival Strategies
Deliverables
Strategies to improve:
• Your recruiting process
– To ensure you have the best team in place
• Your current culture
– To maximize the results from your team and company
• Your image in the digital world
– To communicate your brand and culture accurately
3Business Survival Strategies
Setting Expectations
• A lot of information to cover in less than 60 minutes!
• Grab three action items you can implement right away.
• Webinar will be recorded and shared in a follow-up email.
4Business Survival Strategies
5Business Survival Strategies
Company Culture – What is It?
• It’s your company’s personality.
• Culture defines the environment in which your team works.
• It’s how people act and collaborate with each other.
• It’s your mission statement acted out.
• Values, ethics, expectations and goals.
• It’s not only internal, it’s also external.
6Business Survival Strategies
Culture in Crisis
• Emotions are high.
• Decisions need to be made quickly.
• True colours come out.
7Business Survival Strategies
Company Culture – A Must Have
1. It defines you – internally and externally.
2. It lives (or kills) your company’s core values.
3. Attracts and retains the right people on your team.
4. Direct impact on company performance.
5. Makes your company more valuable.
8Business Survival Strategies
It Defines You – Internally & Externally
• This is how your employees feel.
• This is what your customers/clients see.
• This is what your customers/clients feel.
• Extends even deeper to vendors, families, etc.
9Business Survival Strategies
It Lives (Or Kills) Your Company’s Core Values
• Values guide decision-making and a sense of what’s important
and what’s right.
– Focus on strengths of company
– Short in nature
– Speak to your audience
– Engage emotion
• It’s critical to have these aligned or it can backfire.
10Business Survival Strategies
Attract and Retain Top Quality Staff
• Ability to find.
• Ability to retain.
Culture affects overall cost of recruiting and retaining.
11Business Survival Strategies
Sets the Performance Stage
• Culture has a direct impact on employee
performance and employee well-being.
• Setting performance culture:
– Hard work is celebrated and challenges are tackled at the
same time as having fun and being fulfilled in their
professional lives.
12Business Survival Strategies
Increase Value of Your Company
• Staff.
• Customers/Clients.
• High-Performing Team.
= HIGHER VALUE
13Business Survival Strategies
What is Your Company Culture?
• What are three words you use to describe
your company culture?
• Break those down to the “why” you used
these words.
• Is this in line with your core values? Attract
and keep performing staff?
• Are your customers/clients ecstatic and
singing your praises?
14Business Survival Strategies
Additional Tools
15Business Survival Strategies
16Spodek & Co.
How Can You Compete in this New
Talent Market?
1. Know your story, and sell it.
2. Find your target audience.
3. Identify talent vs. experience.
4. Communicate your employer brand.
5. Stop hiring from your competitor.
17Business Survival Strategies
Find Your Target Audience
• Establish who the “ideal” candidate is for the role and your
company.
• Determine if you’re hiring based on experience or potential.
• Make candidates aware of growth opportunities.
• Understand what industry talent is looking for.
18Business Survival Strategies
Know Your Story and Sell It
• Communicate your company’s vision, defined
mission, growth plan, and operational strategy.
• Talk to your potential hires in the same language
you would use to attract investors.
• You are asking talent the same thing as investors –
to invest and commit to your business.
• Sell the opportunity.
19Business Survival Strategies
Stop Hiring From Your Competitors
• It isn’t always necessary to recruit from your competitors.
• Eighty percent of B2B brands have never been heard of.
• Can your employment brand compete with the big names?
• Google? Microsoft? Amazon?
• Not likely, but even if you aren’t as well known, you can still
compete for talent by understanding what leaders want.
20Business Survival Strategies
21Spodek & Co.
How Will Your Business Be Remembered?
The way we conduct ourselves and our businesses
during this time will live long past the period of
disease outbreak.
22Business Survival Strategies
“How companies respond …
is going to define their brand
for decades.
If you rushed in and somebody got sick,
you were that company. If you didn’t
take care of your employees or
stakeholders and put them first, you
were that company.”
- Mark Cuban
23Business Survival Strategies
Brand Management & Crisis Communications
A public message from an unhappy client can have
extreme consequences for brands and
businesses, regardless of that person’s online
following or clout*.
*Not to be confused with Klout.J
24Business Survival Strategies
"They're worthless," he added. "I don't trust them anymore.”
– Chris Brennan, Bike Forums user, 2004
• A simple post from an online forum made the front page of the
New York Times!
• The impact: a 50-year-old bike lock design was rendered
useless = ramifications for Kryptonite (rapidly went from issue to
crisis.)
Consider Kryptonite Bike Locks
Business Survival Strategies
“Your brand-new U-Lock is not safe.”
– Chris Brennan, Bike Forums user, 2004
Consider Kryptonite Bike Locks
Business Survival Strategies
Business Survival Strategies
• Kryptonite responded by rushing a more secure bike lock
design to market and shared details on how customers could
upgrade…
and…
• Kryptonite covered the cost.
Kryptonite’s Response
Business Survival Strategies
• The power of mentions.
• Tagging the right people at
the right time can have big
impacts on a brand and
influence important decisions.
Business Survival Strategies
• When developing issues management
policies for your business, consider a
social media user’s “clout”
• Don’t discount the reach of a simple
tweet – even if the tweeter has a small
following with little engagement –
their tweet may get in front of the
right eyeballs.
What is Influence, Really?
Business Survival Strategies
• Pusateri’s issued a statement claiming it was “nothing more than an
oversight”.
• The statement wasn’t well-received online and seemed insincere.
• Members of the local community suggested Pusateri’s apology
would have gone much further had they made a charitable donation
show their sincerity.
Actions Matter
Business Survival Strategies
“We are sorry.”
Those three words when said with authenticity are often all it takes
to apologize in a way that feels sincere to customers.
Three Words…
Business Survival Strategies
How can you be helpful and useful to your customers?
Tips
Business Survival Strategies
Brands Currently Making a Positive Impact
Business Survival Strategies
Brands Currently Making a Positive Impact
Business Survival Strategies
Smalls Brand Can Make a Positive Impact
Business Survival Strategies
As entrepreneurs and business owners, let’s use this time as an
opportunity to give back and support our communities the best
ways we know how.
Be helpful
Be useful
Show Your Support
Business Survival Strategies
Book a free 30-minute consultation – details to follow.
Tina Moser, Cultivate Advisors
tina@cultivateadvisors.com
Jamie Hoobanoff, The Leadership Agency
jamie.hoobanoff@leadershipagency.com
Eden Spodek, Spodek & Co.
eden@spodekandco.com
Thank you!
Business Survival Strategies
39Business Survival Strategies

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Business Survival Strategies: Why a Human-Centric Approach to Your Business is the Best Practice!

  • 2. Audience Who this presentation is for: • Business owners with staff or gearing up for staff. • Talent and HR professionals • Marketing professionals who create the voice for your brand. 2Business Survival Strategies
  • 3. Deliverables Strategies to improve: • Your recruiting process – To ensure you have the best team in place • Your current culture – To maximize the results from your team and company • Your image in the digital world – To communicate your brand and culture accurately 3Business Survival Strategies
  • 4. Setting Expectations • A lot of information to cover in less than 60 minutes! • Grab three action items you can implement right away. • Webinar will be recorded and shared in a follow-up email. 4Business Survival Strategies
  • 6. Company Culture – What is It? • It’s your company’s personality. • Culture defines the environment in which your team works. • It’s how people act and collaborate with each other. • It’s your mission statement acted out. • Values, ethics, expectations and goals. • It’s not only internal, it’s also external. 6Business Survival Strategies
  • 7. Culture in Crisis • Emotions are high. • Decisions need to be made quickly. • True colours come out. 7Business Survival Strategies
  • 8. Company Culture – A Must Have 1. It defines you – internally and externally. 2. It lives (or kills) your company’s core values. 3. Attracts and retains the right people on your team. 4. Direct impact on company performance. 5. Makes your company more valuable. 8Business Survival Strategies
  • 9. It Defines You – Internally & Externally • This is how your employees feel. • This is what your customers/clients see. • This is what your customers/clients feel. • Extends even deeper to vendors, families, etc. 9Business Survival Strategies
  • 10. It Lives (Or Kills) Your Company’s Core Values • Values guide decision-making and a sense of what’s important and what’s right. – Focus on strengths of company – Short in nature – Speak to your audience – Engage emotion • It’s critical to have these aligned or it can backfire. 10Business Survival Strategies
  • 11. Attract and Retain Top Quality Staff • Ability to find. • Ability to retain. Culture affects overall cost of recruiting and retaining. 11Business Survival Strategies
  • 12. Sets the Performance Stage • Culture has a direct impact on employee performance and employee well-being. • Setting performance culture: – Hard work is celebrated and challenges are tackled at the same time as having fun and being fulfilled in their professional lives. 12Business Survival Strategies
  • 13. Increase Value of Your Company • Staff. • Customers/Clients. • High-Performing Team. = HIGHER VALUE 13Business Survival Strategies
  • 14. What is Your Company Culture? • What are three words you use to describe your company culture? • Break those down to the “why” you used these words. • Is this in line with your core values? Attract and keep performing staff? • Are your customers/clients ecstatic and singing your praises? 14Business Survival Strategies
  • 17. How Can You Compete in this New Talent Market? 1. Know your story, and sell it. 2. Find your target audience. 3. Identify talent vs. experience. 4. Communicate your employer brand. 5. Stop hiring from your competitor. 17Business Survival Strategies
  • 18. Find Your Target Audience • Establish who the “ideal” candidate is for the role and your company. • Determine if you’re hiring based on experience or potential. • Make candidates aware of growth opportunities. • Understand what industry talent is looking for. 18Business Survival Strategies
  • 19. Know Your Story and Sell It • Communicate your company’s vision, defined mission, growth plan, and operational strategy. • Talk to your potential hires in the same language you would use to attract investors. • You are asking talent the same thing as investors – to invest and commit to your business. • Sell the opportunity. 19Business Survival Strategies
  • 20. Stop Hiring From Your Competitors • It isn’t always necessary to recruit from your competitors. • Eighty percent of B2B brands have never been heard of. • Can your employment brand compete with the big names? • Google? Microsoft? Amazon? • Not likely, but even if you aren’t as well known, you can still compete for talent by understanding what leaders want. 20Business Survival Strategies
  • 22. How Will Your Business Be Remembered? The way we conduct ourselves and our businesses during this time will live long past the period of disease outbreak. 22Business Survival Strategies
  • 23. “How companies respond … is going to define their brand for decades. If you rushed in and somebody got sick, you were that company. If you didn’t take care of your employees or stakeholders and put them first, you were that company.” - Mark Cuban 23Business Survival Strategies
  • 24. Brand Management & Crisis Communications A public message from an unhappy client can have extreme consequences for brands and businesses, regardless of that person’s online following or clout*. *Not to be confused with Klout.J 24Business Survival Strategies
  • 25. "They're worthless," he added. "I don't trust them anymore.” – Chris Brennan, Bike Forums user, 2004 • A simple post from an online forum made the front page of the New York Times! • The impact: a 50-year-old bike lock design was rendered useless = ramifications for Kryptonite (rapidly went from issue to crisis.) Consider Kryptonite Bike Locks Business Survival Strategies
  • 26. “Your brand-new U-Lock is not safe.” – Chris Brennan, Bike Forums user, 2004 Consider Kryptonite Bike Locks Business Survival Strategies
  • 28. • Kryptonite responded by rushing a more secure bike lock design to market and shared details on how customers could upgrade… and… • Kryptonite covered the cost. Kryptonite’s Response Business Survival Strategies
  • 29. • The power of mentions. • Tagging the right people at the right time can have big impacts on a brand and influence important decisions. Business Survival Strategies
  • 30. • When developing issues management policies for your business, consider a social media user’s “clout” • Don’t discount the reach of a simple tweet – even if the tweeter has a small following with little engagement – their tweet may get in front of the right eyeballs. What is Influence, Really? Business Survival Strategies
  • 31. • Pusateri’s issued a statement claiming it was “nothing more than an oversight”. • The statement wasn’t well-received online and seemed insincere. • Members of the local community suggested Pusateri’s apology would have gone much further had they made a charitable donation show their sincerity. Actions Matter Business Survival Strategies
  • 32. “We are sorry.” Those three words when said with authenticity are often all it takes to apologize in a way that feels sincere to customers. Three Words… Business Survival Strategies
  • 33. How can you be helpful and useful to your customers? Tips Business Survival Strategies
  • 34. Brands Currently Making a Positive Impact Business Survival Strategies
  • 35. Brands Currently Making a Positive Impact Business Survival Strategies
  • 36. Smalls Brand Can Make a Positive Impact Business Survival Strategies
  • 37. As entrepreneurs and business owners, let’s use this time as an opportunity to give back and support our communities the best ways we know how. Be helpful Be useful Show Your Support Business Survival Strategies
  • 38. Book a free 30-minute consultation – details to follow. Tina Moser, Cultivate Advisors tina@cultivateadvisors.com Jamie Hoobanoff, The Leadership Agency jamie.hoobanoff@leadershipagency.com Eden Spodek, Spodek & Co. eden@spodekandco.com Thank you! Business Survival Strategies