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The Executive Connection SM
a publication of The Virtual Executive Coach SM
 
"Vision + Accountability = Success!"
 
 
In This Issue:
 
1. Preview
2. Executive Summary
3. Book Review: Blink by Malcolm Gladwell
4. Helpful Hints
1. Preview
The Executive Connection explores the creative and analytical process of business development, team-building, and executive development. We are an interactive community of executives and small business owners who desire to network with like-minded high-performance executives to enhance our knowledge, skills, and aptitudes in the competitive business world.
 
Published monthly, the Newsletter offers coaching suggestions around the topics of: business development, financing, marketing, networking, incorporations, mergers, human resources, governmental regulations, and tax laws.
 
Topics are presented from the perspective of Keith Barton and represent only his ideas on creating and running your business. Because we are an interactive community of executives and business owners, other viewpoints are welcomed and may be printed in future monthly newsletters with permission from Keith Barton.
 
2. Executive Summary
July, 2005

Dear Executive Connection Subscriber,

This month features a review of Malcolm Gladwell's book, Blink.
3. Book Review: Blink by Malcolm Gladwell

Much has been written about Malcolm Gladwell’s book, Blink, about how to size up others and how we make snap judgments about others based on more than just intuition; it involves a series of intricate decisions based on neuroscience and psychology. Rather than review the neuroscience here I would like to review some applicable examples on how this works on a more practical level. Let’s take the case of a successful sales person who has three rules: 1) treat the customer fairly 2) treat the customer fairly, and 3) treat the customer fairly. It’s no secret that success is built on fairness, equity, and consistency. Customer satisfaction is critical to repeat business and referrals whether one is delivering a product or service. If you focus on your customer and pretend that you are the customer how would you want to be treated?

 

The best managers and sales staff are good active listeners. They are quiet and reserved, do not make assumptions, and let the customer tell them what they want. Let’s suppose you want to buy a new car. You’ve done your homework, have a good idea of what you want to pay; don’t want any runaround or games. Who would you rather deal with—a fast-talking, verbose salesperson who is a “know it all” or a sedate, quiet, knowledgeable salesperson who asks the right questions to narrow down your choice and price range. After all, buying a car is a “business” transaction, not a circus. It should not be a marathon with asking four people above the salesperson who have the authority to make the deal you want.

 

There is no such thing as mind reading—only good listening. Most people will tell you exactly what they want and you can either help them or refer them to someone else who might have a better product-client fit. One doesn’t want to lose a contract or sale, but “service marketing” is a concept penned by Dr. Ben Dean twenty years ago when he got into coaching, and he’s built an entire coaching school based on this simple principle. Essentially, what I mean by service marketing is:

  1. Give something of value to the customer.
  2. Help the customer achieve what he/she wants for their money.
  3. Go the extra mile in terms of service to the customer.
  4. Give something extra that the customer doesn’t expect—I call this the “wow” factor.

The above also works in relationships. If the couple is no longer talking to one another it’s hard to make a connection and build intimacy. Communication is the key to building a good relationship in business, with family, or with friends. The “Golden Rule” applies in any situation if you want to be successful.

 

If you walk into a car dealership, look for the following: service awards given by their national trade association, friendly but not pushy sales staff who are knowledgeable and courteous. Look for clean restrooms, free coffee and soft drinks, snack food, reading area, good lighting, a roomy showroom, folks working and not loitering around, professional demeanor and dress, and most importantly, follow-up with the customer whether or not they purchased a vehicle from you.

 

Another concept worth mentioning is “thin slicing” which is what Gladwell refers to as slicing memory chips from the adaptive unconscious that leads to decisions based on experience. If we take the car buying illustration above, the astute sales person will size up a customer based on the last 100 customers he/she has met during their career and look for a “goodness of fit” between the new customer and past customers who have bought or passed on buying a vehicle in the past. It might be their walk, how they approach the sales staff, or how they react when approached by sales staff. Other indicators might be: sticker shock, use of the restroom and snack area, whether or not the entire family came for the car buying experience or just the husband or wife and husband, or wife only. Our brain acts like a binary computer where this information is fed into our frontal cortex and a “thin slice” or “snapshot” is taken of your potential customer and an informed judgment is made (not snap) about how to work with this customer based on customers fitting his/her profile in the past.

 

In summary, correctly applied Gladwell’s theories about how we process information unconsciously can be used to increase sales, turn products into bestsellers, and alter human behavior. The art of deal making is based on the art of listening and using your experience to bring an idea, service, or product to market. Thus, making the sale has more to do with doing your homework than glibly and blindly going down your memorized sales pitch to any customer who walks through the door.

 

This month’s recommendations:

  1. Go into a car showroom and notice where the sales staff are; are they milling around nervously, appear calm and relaxed, appear business-like, and how you are approached by them?
  2. Look at how a department store floor area is laid out. Does the flow make sense to the customer—e.g. men’s belts by men’s wallets?
  3. Walk into any service business and notice the customer waiting area. Is it attractive, informative, and friendly?

SUBSCRIPTION INFORMATION

 

The Executive Connection SM is a free publication. If you want to continue to receive this Newsletter, you can SUBSCRIBE by clicking here or by sending a blank email message to keith_barton@att.net with the word SUBSCRIBE in the subject line.
 
 
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Be assured your name and email address are confidential. We do not sell, rent or share our mailing list with anyone.
 
Contact Information:
 
Keith Barton, Ph.D.
Voice: 281-583-5005
Fax: 281-583-5008
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http://www.virtualexecutivecoach.com
E-Mail:
keith_barton@att.net
(c) Copyright 2003, Virtual Executive Coach SM and A. Keith Barton, Ph.D.
All rights reserved.
 
Distribution Rights:
 
The Executive Connection SM is copyrighted, but you may retransmit or distribute it to whomever you wish as long as not a single word is changed, added, or deleted, including the contact information. However, you may not copy it to a web site.
 
Republication of The Executive Connection SM in paper media is encouraged and permitted by individuals, organizations and associations, as long as the issue is reprinted in its entirety, without change, and includes the contact information.
 
With advance permission, we are happy to edit an issue to fit your space requirements. Republication also is encouraged under other circumstances. However, the advance permission of A. Keith Barton, Ph.D. must be obtained in the event that changes in the text are desired.
 
The Executive Connection SM Mission:
 
The Executive Connection SM is dedicated to helping first-time business owners and executives to recognize resistance to change, while they create and manage their own businesses. My goal is to help you transform your vision into a successful business venture with the addition of accountability structures and silent partner.
 
The Executive Connection SM is a publication of The Virtual Executive Coach SM and Keith Barton, Ph.D.
 
We would like The Executive Connection SM to be as interactive as possible. If you have feedback, comments, topics you would like addressed, or can suggest additional resources to benefit us all, please email us at any time. Send your e-mail to keith_barton@att.net .
 
Please forward this issue to anyone you think would find The Executive Connection SM interesting and beneficial. Your recommendation helps us keep growing, and ensures an excellent exchange of information and techniques.
 
Archives:
 
You can read previous issues of The Executive Connection SM in our archive section
 
About Keith Barton, Ph.D
 
Dr. Barton received his Ph.D. in 1972 from the University of Texas at Austin and has been a practicing therapist for over thirty years. He is a graduate of MentorCoach and is accepting new clients. He has been an adjunct professor at the University of South Carolina, consultant to Fortune 500 companies in executive development, founded and managed Texas Community Living Ventures, Inc., in 1986 for providing group home services to persons with mental retardation, and has been running a clinical practice in Northwest Houston since 1990. He writes part-time with the goal of completing one novel a year. His desire to coach others derives from his passionate interest in helping others become attuned to their creative powers of storytelling.
 
Dr. Barton has training in coaching, cognitive and family therapy and health psychology. He has published articles, made presentations and conducted workshops about:
 
Small Business Development
Employee Wellness Programs
Anxiety and achievement
Stress management
Self-esteem
Communication skills
Leadership styles
Core values in the workplace
Executive Development
High-performance groups
Physician support groups
Writer support groups
 

© 2010 The Virtual Executive Coach SM and Keith Barton.

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