Showing posts with label chip bell. Show all posts
Showing posts with label chip bell. Show all posts

Friday, May 23, 2014

Working with the Enemy

We’ve all heard of the movie ‘Sleeping with the Enemy’, right? Well, what if you have to work with the enemy. There is always going to be someone within the office (or your company) whom you dread working with. From personality differences to professional differences, no one gets along with everyone all of the time. However, you do have to overcome differences in order to keep your job or your business.

My best advice is to gently exploit your arch enemy if kindness fails. This doesn’t mean go after him or her or their job, it simply means make it noticeable, nicely, to your boss or other employees what this person is doing wrong.

For example, if the person constantly forgets to put in a proper computer code- you may want to send out an email stating “I know Tasha keeps entering “z” into the “y” spaces.  Don’t worry, I had some free time to go in and correct all these mistakes as I am sure Tasha didn’t realize the error and I wanted to be a team player.”

If someone truly is becoming a rival, it has to be addressed. Sometimes a face-to-face can make it worse so polite exploitation may be the right way to go. Use your best judgment but also play fair. Don’t look for trouble unless you are pushed.

Until Tuesday (Happy Memorial Day everyone),


Coco the CEO

Monday, April 14, 2014

The cost of negativity – firing a client.

Last week I touched a bit on firing a client and a few basic reasons why and how to do this. Today, however, I want to talk about weighing the costs. Most people become emotional about firing a client. They think it’s going to harm the client or their own reputation.

Any smart business owner adds a Terms of Service agreement onto their invoices. These Terms of Service agreements not only show your client what guidelines and expectations come with working alongside and hiring your firm, but they also include social media and online review protections that can allow you to sue your client should you fire them and they become hostile.

Chip Bell, who is a Customer Loyalty Consultant and best-selling author, recently wrote “Business owners may anticipate having to replace lost revenue or fear potential negative word-of-mouth that might ensue from severing their ties with a client. This often keeps them from lowering the boom on highly toxic or bottom-line-eroding customers. And in the viral world, the word-of-mouth concern should definitely be figured into the decision.”

Money is often a concern, along with reputation management, when firing a client. You can replace a contract. You can’t replace your sanity or the amount you may lose because of a toxic client. If you have a client who requires too much of your time, other clients may leave your company. Is it easier to replace one client or many? The answer is pretty simple.

Chip Bell states, “Customers should be encouraged to exit for one of three reasons: They’re costing you too much financially, taking a steep emotional toll or violating a key value of the organization.”  Think about the client you may want to fire. Think about what I said and then think about the three steps Mr. Bell just listed. Now,  can you really afford to keep this client? 

Negativity and finances are always a good reason to part ways.
Until tomorrow,

Coco the CEO

Search This Blog