Skip to main content

show me the money


This could definitely be one of those topics where you may be hearing voices. One voice, used when speaking with others, is telling folks that your career and the ability to make a difference is much more important than what you are being paid. While on the other hand your other voice, and I have noticed this voice gets louder and softer depending upon your age and circumstances, may be screaming get as much as you can for the work you're currently performing.  Isn't it really all about purpose?  How else can you explain schoolteachers, police and firemen, and the United States Military; all driven by the visceral desire to help and change people's lives. We certainly know, with the exception of a few in the aforementioned careers, they are not in it for the money (indeed, something seems very backwards here).  Evidence exists (@mercer) that shows if you are paying a worker within the normal range of income for their position then it is likely that being motivated by money is pretty far down the list of individual priorities.



So, if even for a moment you believe that purpose trumps all, then shouldn't this really be the area we focus to drive sincere worker motivation?  For many organizations this is where the perspective becomes quite murky.  Woven into many of my designs over the years has been the underlying belief that "everybody wants to do the right thing". If we can step back for a moment and address every daily interaction with this simple belief I'd imagine our interactions with one another might be different. Our efforts instead would be spent on communicating and sharing why our organizations can make a difference, why these individuals can make a difference, share essentially the essence of our being: our purpose. While this all sounds very soft the key to unlock these aspirations is founded in the simple process of objective measurement. Imagine having the ability, throughout an individual's work day, to provide immediate positive and negative feedback on how their actions align with the organizations goals. Implementing game theory (or gamification) within an organization can be powerful as long as some tangible output can be deployed as well.  The complexion of workforces is changing radically with no signs of slowing down or normalizing, are you prepared to help your workers align with purpose?



-----

Next post:  GPS in my trucks?

-----

Comments

Popular posts from this blog

suggesting is NOT selling

People and companies want to buy from people that they trust.   The individual which possesses the broadest set of knowledge will gain the most credibility and as a result yield high levels of trust.   When I was in the field I definitely had the ear of the customer and for the most part discussed areas that needed improvement or replacement. At no moment was I ever, at least in my mind, selling. Instead, as I think back on those days, I believe I was simply "suggesting". Take an immediate need, add in a trusted advisor and a credible suggestion, you will most likely get a sale. However, this is not selling. From my non-salesman perspective I would sum up the following related to the sales process; sales is not a single event but instead a sequence of connection points which create a positive experience that leads to a purchase . Over the years I've been fortunate to have known many different types of salespeople in different industries and I believe that they a...

In$pired

As the steam from Avid Andy's coffee fogged his glasses on this crisp January morning, he reflected on last year and thought enthusiastically about the year ahead.   Sometimes the noise of business is deafening, we rarely take the time to contemplate our moves, instead are often thrown one direction or another.   Hey, face it, if you are reading posts to gain perspective you fall in the group of folks who pride themselves as obsequious hoop-jumpers.   We live to help others and expect that all of those around us feel the same way.   I just love Influential Irene.   Okay, it is out in the open, she is an inspiration for me and so many others.   Irene reminds folks every year, without fail, these three statements which she fondly refers to as "the punchline" (although this is no joke).   Businesses, of any size, will be successful if they remember that it is people that make a company.   Put this advice into practice, today: Sincerity |...

focus on your annuity base, come on man..

Stick with what you know and repeat often. When I think about maintenance, regardless of type of contract, I think about consistency, consistency, consistency. The motivation behind writing this post is to encourage you to either build or bolster your existing maintenance base, here are some things to consider: most maintenance contracts should yield between 5% and 7% additional revenue above and beyond the contract value.   Building trust between you and your clients organization will result in additional service activity. Full risk contracts, or those where you were charging one flat amount and taking all of the financial risk, can be profitable.   Watch out for the age of the equipment, service call track record, and customer disposition pull-through opportunities can be constrained with full risk contracts unless the scope of work is very specific. This can be a bit of a slippery slope. The perception of a...