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Jeweller - April 2020

• Conquering Coronavirus: protect and prepare your business during the pandemic • Time frame: exploring five years of change in the watch category • Watch this space: a showcase of best-selling and new release watches

• Conquering Coronavirus: protect and prepare your business during the pandemic
• Time frame: exploring five years of change in the watch category
• Watch this space: a showcase of best-selling and new release watches

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BUSINESS<br />

Management<br />

The critical factors when managing your<br />

staff during a recession<br />

Tough trading conditions can bring out the worst in a manager – but they are also an<br />

opportunity to show your best leadership qualities, explains BRIAN JEFFREY.<br />

This article isn’t actually about how to<br />

manage a recession – recessions seem<br />

to manage themselves quite well without<br />

our involvement!<br />

I want to look at what changes we<br />

need to make in our approach to sales<br />

management during recessionary or<br />

otherwise difficult economic times.<br />

And we are certainly experiencing that at<br />

the moment!<br />

First an irreconcilable truth: there will<br />

always be recessions. They’ll come and<br />

go, but you can bet even money that you’ll<br />

see and manage your way through several<br />

before you retire.<br />

Depending on your age, you’ve probably<br />

gone through one or two already. Business<br />

slows down, customers get evasive<br />

or elusive, salespeople get whiny, and<br />

management migraines increase.<br />

Many managers deal with the issue<br />

by cutting advertising, slashing sales<br />

meetings, eliminating sales (and other)<br />

training, and adopting a ‘hunker-down’<br />

attitude in the hopes that the bad times<br />

will turn good again without their being too<br />

involved.<br />

Others become galvanised into total<br />

inactivity, evoking what I call a ‘divine<br />

marketing plan’ – praying for sales – and<br />

making themselves unavailable to help<br />

their salespeople through the crisis.<br />

Of course, I know you aren’t one of those<br />

managers. You have the same problem,<br />

but you’re probably actively seeking some<br />

universal truths and techniques that you<br />

can put into place whenever things get<br />

tough or a recession comes along.<br />

So what can you do? Here are some proven<br />

ideas that work:<br />

Sales and staff meetings<br />

Don’t cancel your sales meetings, hold<br />

them more often. Recessions are when<br />

people need to be together for mutual<br />

support, not left to their own devices.<br />

Increase the frequency but lower the cost<br />

of your meetings.<br />

Make yourself available to your employees and show you value them.<br />

Selling can be extremely lonely and your<br />

salespeople may be feeling neglected<br />

by their customers, and possibly by the<br />

business itself. Help keep their spirits up<br />

with short, frequent meetings.<br />

Short, weekly meetings are ideal. Biweekly<br />

meetings also work well. And<br />

if you are not holding at least one mini<br />

meeting a month, you’re neglecting your<br />

people. So don’t be surprised if they start<br />

wandering off to a company that shows<br />

more appreciation.<br />

Mini meetings should be just that:<br />

mini. You’ll be surprised what you can<br />

accomplish in 15–30 minutes.<br />

Don’t let it become an inquisition from<br />

you or a whining session for the staff; use<br />

the meeting to emphasise positives and<br />

reinforce that both the business and the<br />

staff have weathered this type of storm<br />

before and can do so again, particularly if<br />

they continue to work together.<br />

Team meetings<br />

Ensure that your meetings are<br />

participatory. By that I mean attendees<br />

have an opportunity to talk with one<br />

another and not just to the person at the<br />

front of the room.<br />

I’m not suggesting that your team<br />

meetings become social free-for-alls, but<br />

they should be a vehicle for the free flow of<br />

information and ideas in all directions, not<br />

just from the top down.<br />

Some managers<br />

and storeowners<br />

seem to<br />

disappear when<br />

trading becomes<br />

<br />

you be like that!<br />

Be there to help,<br />

not chide and<br />

reinforce your<br />

employee’s<br />

value<br />

It’s the manager’s job to be a moderator,<br />

not a dictator.<br />

This conversational free flow will also<br />

uncover complaints and concerns. As long<br />

as the meeting doesn’t degenerate into a<br />

bitching session, let your people vent.<br />

Unvented aggravations, like pent-up<br />

steam, can cause a lot of damage when<br />

they finally explode. The meeting is your<br />

safety valve.<br />

If people do vent, don’t become defensive.<br />

In most cases, you don’t have to respond<br />

to the situation, you just need to listen and<br />

acknowledge it.<br />

One-on-one meetings<br />

Also take the time to meet with each staff<br />

member as an individual. Help them to<br />

stay focused; after all, it’s easy to lose<br />

sight of potential opportunities during a<br />

recession.<br />

Selling is still a game of numbers and you<br />

can help your people make their numbers<br />

by helping them ‘find’ their numbers. That<br />

is, assist them in setting realistic goals and<br />

show them which customers to target.<br />

This is the time for you to put on your<br />

mentoring cap and lead the way.<br />

Some managers and storeowners seem to<br />

disappear when trading becomes difficult.<br />

Don’t you be like that!<br />

Be there to help, not chide and reinforce<br />

your employee’s value to the business.<br />

Be accessible, be supportive and most<br />

importantly, be a leader.<br />

The bottom line is that you may not be able<br />

to control the economic climate but if you<br />

manage your people, you’ll manage through<br />

the tough times.<br />

Brian Jeffrey has more than 40 years’<br />

experience in sales management,<br />

training, and business consulting.<br />

quintarra.com<br />

<strong>April</strong> <strong>2020</strong> | 45

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