The Bright Side of Burnout: How to recognize & fix it! (part 2)

Are you still burning??? In the previous blog, I covered 2 of 4 lessons regarding how to stop burnout: #1: Stop and identify the specific source of the fire (remember: everything’s not burning) and #2: Drop into your Self, listening and paying attention to what matters to you (your voice, vision and values).  (Want a refresher? read Part 1).

Before we move to lessons: #3: Roll and #4: Go, I want to emphasize something from lesson #2: The capital “S” is not a typo. The Self is you as a whole human being who embodies all the potential you were born with, all the capacities actualized and not yet actualized. The “self”, little ‘s’, is the one that judges, doubts, criticizes us. It’s the know-it-all, puny, little self.   Tim Gallwey (The Inner Game of Work) when referring to these 2 selves says: Our best performance happens with the “self” is quiet and the “Self” is allowed to act.

#3: Roll.  Move in a different direction.  Break the  Continue reading » »

Re-Imagining What A Law Firm Can Be: Scrapping Billable Hours For A More Client-Friendly B2B Service

Don’t walk into Clearspire‘s D.C. headquarters and expect to be impressed. Spartan furnishings and a simple glass sign adorn the waiting room. You may not believe you are in the right place–the offices lack the posh trappings of an emerging law practice competing against the top 200 firms.

Yet they represent the new face of the legal profession. And they are winning global Fortune 500 clients by focusing not on the quality of their office trappings, but on the way in which they deliver and manage client engagements. Other B2B companies would be wise to learn how Clearspire is changing the client rules of engagement in a traditionally secretive, high touch, low-tech field.

Corporate counsel clients have the right to demand changes. Years after corporations have complained about billable hours and unnecessary fees, most law firms are still deploying industrial age business models to serve their clients. The “hours for dollars” approach to delivering knowledge work simply goes against the grain of delivering value. Professional services firms often promote rainmakers who bill the most hours.

Clients get the short end of the deal in this scenario. They are afraid to pick up the phone because the meter starts running in 1/10 hour increments.

In today’s flat world, pedigreed resumes and upscale, wood paneled offices no longer cement client relationships. Value does.

Let’s establish what I mean by value before we share some of Clearspire’s value secrets. In today’s business world, value is a by-product of several factors:  the perception of your brand, your ability to communicate your brand clearly and ethically, and how consistently your brand and delivery mechanisms align to ultimately create a positive client experience. Creating value is one part art, one part science. It takes a blend of great listening skills, the ability to think on your feet, and the courage to be provocative.

Clearspire is committed to creating more value, and putting an end to the law industry’s dysfunctional behavior. Furthermore, they have the technology and commitment to prove it. Co-founders Mark Cohen and Bryce Arrowood invested their own funds and 2 1/2 years of R&D to build a technology platform called CORAL.

Since they launched CORAL earlier this year, it delivers on these promises:

  1. Fixed project fees, established in advance of the engagement–no billing surprises.
  2. A highly secure technology platform to collaborate real time with clients and team members, post questions, review briefs, and more.
  3. Clients receive a project plan that clearly outline how and when a client engagement will be completed.
  4. Efficiency bonuses are shared equally with legal team members, the client, and Clearspire (the firm) when an engagement is completed ahead of schedule.
  5. Clients are not subject to “fee padding” to support exhorbitant bricks and mortar offices.
  6. Collaboration trumps hierarchy. Clearspire’s team members do not boast fancy, formal titles. Everyone is a partner.

As co-founder Bryce Arrowood puts it:

Over the last 100 years, the law firm business model was predicated on billable hours. We felt that there was an opportunity to take that model and turn it on its head by re-aligning the incentives of the lawyers who do the work, the law firm that provides the service, and the clients who consume the work.

Here are four Clearspire-inspired strategies that any B2B company can implement:

  1. Align your proposals and engagements around a client initiative, not your deliverables and outputs.
  2. Create services and deliverables that allow your client to re-use the content without re-engaging your firm. Inside CORAL, Clearspire provides client with templates they can re-use in the future.
  3. Identify the thought leaders in your industry and educate them on your value-based model. Prior to launching CORAL, Arrowood and Cohen started working with the major legal thought leaders across IT, academia, and industry associations.
  4. Look beyond your services offering to refine your value proposition. CORAL is the hub of Clearspire’s culture and value proposition, not their employees’ resumes and pedigrees or a fancy office.

The verdict has been reached: Antiquated “hours for dollars” business models deserve a life sentence. Clearspire’s solid defense team ensures corporate client budgets and relationships receive the protection they deserve.

Watch my interview with Bryce – 9 ½ minutes:

Click the image above or here to watch the video.

Lisa Nirell

Lisa Nirell helps companies grow customer mind share and market share. Since 1983, Lisa has worked with Sony, Wells Fargo Advisors, Adobe, Microsoft, and hundreds of entrepreneurs in nine countries. Lisa is also an award-winning expert speaker, FastCompany expert blogger, and author of the acclaimed EnergizeGrowth® NOW: The Marketing Guide to a Wealthy Company. Download your sample chapter and business energy booster survey at www.energizegrowth.com.

This post originally appeared on fastcompany.com.

[Image: Flickr user State Library of Victoria Collections]

copyright 2011, Lisa Nirell. All rights reserved.

How To Give Your Customers A Voice In Growth Planning

When you can attribute a 20% revenue gain to a customer centric culture or program, you get noticed. And that’s exactly what happened to several Voice of the Customer thought leaders during the annual Allegiance Engage Summit 2011 in Deer Valley, Utah.

Jim Bampos, VP of Customer Quality at EMC Corporation, was one of the show stealers–and for good reason. Unlike many companies who talk a good game about putting customers first, EMC can prove it.

EMC dances on the leading edge of the Voice of the Customer (VoC) movement.

Click here to watch the 7 minute Jim Bampos EMC interview.

VoC programs emerged from the market research milieu. This term describes the in-depth process of capturing a customer’s expectations, preferences and aversions. Specifically, VoC systems produce a detailed set of customer wants and needs and prioritizes them in terms of relative importance and satisfaction with current alternatives. Highly evolved VOC program leaders also analyze and act upon free form customer comments from multiple sources, including call centers, salespeople, Twitter, etc.

VoC solution providers such as Allegiance, based in South Jordan, Utah, have flourished in response to the VoC movement. EMC became one of their early adopters out of necessity.

Although EMC was enjoying double digit growth, it was facing intense competition. They needed to think differently about the customer experience. Says Bampos, “We really did not understand the full customer life cycle from the time that they were made aware of our solutions to the end of life of our products. The professional services organization was the first to launch a pilot VOC program to bridge the gaps between the customers and the internal support organization.”

EMC’s VoC pilot program gained traction within two years. Since launching the VOC program, they have witnessed a 30 point Net Promoter Score improvement and over 20% revenue increase–representing hundreds of millions of top line revenue.

Other competitive industries are following suit. During her Summit keynote presentation, Bonny Simi of JetBlue also shared details about their Voice of the Customer program. “Our mission is to bring humanity back to travel. How can you know how you are doing without asking your customers?” Simi, an accomplished business strategist, Olympian and airline captain, described their palpable two year VOC journey. Simi and her team juggle 50,000 survey responses per month and 1.6 million Twitter followers. Gathering and analyzing customer data is a small piece of the VoC puzzle. She spends a great deal of time demonstrating the value and ROI of their program, as well as gaining sponsors across departments and locations.

Click here to watch the 5 minute Bonny Simi JetBlue interview.

The right survey tools can help smooth out the VoC journey, but should not precede solid branding, a customer-obsessed culture, and strong executive sponsorship. Bruce Temkin, founder of Temkin Group in Boston Massachusetts, emphasizes that companies need to master four customer experience competencies in order to become truly customer-centric: purposeful leadership, compelling brand Values, employee engagement, and customer connectedness. Temkin posits that “It turns out that companies are only as strong as their weakest link. VoC Programs are often an important tool in building the Customer Connectedness competency. We recently had more than 200 large companies complete our competency assessment and only 3% ended up at the highest level of customer experience management maturity, what we call a Customer-Centric Organization.”

After spending three days with over 300 VoC zealots, these statistics do not surprise me. The majority of companies attending the Engage Summit are still in the early stages of determining the ideal data collection and validation methods. VoC leaders still spend most of their time discussing the right listening posts, choosing the questions to ask, and debating ideal metrics to use.

Clearly, most B2B companies have a long way to go towards becoming truly customer-centric. Allegiance is clever enough to create an annual event that attracts fervent customer evangelists–half of whom are not yet their customers–to accelerate industry adoption.

If your company is considering a VoC program launch, beware of the rush to select a technology solution. First, invest the time in defining the purpose of your program. Executive support will take time. Tell people why you are embarking on the program, and how you will use the customer data once you have collected it. VoC programs typically provide these benefits:

  1. A detailed understanding of the customer’s requirements
  2. A common language for the sales, marketing and product development teams going forward
  3. Valuable, real time input to set appropriate design specifications for the new product or service
  4. A springboard for innovation.

VoC evangelists Bonny Simi and Jim Bampos have their work cut out for them. With only two years of VoC under their belts, the journey ahead will be met with some resistance. Let’s hope they focus their energies on the art of enchantment and influence, and leave the community building and tool making to market leaders such as Allegiance.

Lisa Nirell is the “Chief Energy Officer” of EnergizeGrowth® LLC. She advises B2B companies who aspire to create sustainable companies by attracting great customers.  Companies such as Microsoft, IBM, Wells Fargo Advisors, and dozens of mid-market companies have worked with Lisa to achieve sustainable competitive advantage.  Visit www.energizegrowth.com and http://blog.energizegrowth.com to assess your company’s readiness to grow by downloading your complimentary Wealthy Company Scorecard.
Copyright 2010, Lisa Nirell. All rights reserved.

How to Promote “Joie De Vivre” With New Investors

Chip Conley and his investors were forced to make some tough decisions.

Several months ago, Conley, the CEO of Joie de Vivre Hotels in San Francisco, California, witnessed competing hotels facing potential foreclosure. According to the Wall Street Journal, “there is about $5.6 billion in securitized mortgages tied to hotels coming due this year and next…27.8% cover properties now estimated to be worth less than their mortgage balances.” (source: Trepp LLC’s Foresight Analytics). Billions of dollars of mortgages are coming due in the coming years. Analysts are forecasting that the hotel industry will not regain its full strength until 2013.

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BARK! Brand Leadership Lessons from a Top Dog

Last September, BendBroadband CEO Amy Tykeson and her team made a bold move. In the midst of servicing one of the most economically challenged markets in the United States — Central Oregon — Tykeson and her team “em-barked” on a re-branding strategy.

Nearly a year has passed. Today, they are the premier local IT service provider, and have preserved their profits in a price-conscious, pit bull industry. If this sounds familiar to what your company is facing, you will want to watch this video interview.

Continue reading » »