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