Suppose you've been running your business for 15 years -- plugging along, building relationships with customers, making money, saving money, reinvesting money and growing your business.
Then one day a new competitor appears. It seems too inexperienced to be a real threat, but it puts up a website, starts a blog that gets some traction, creates a Facebook page -- then before you know it, it starts stealing your customers.
You have a
Facebook page
. You have a
website
. Why aren't yours working like theirs?
There could be a lot of issues, but one problem surfaces far more often than others:
People run their businesses like Soviet Russia, not Silicon Valley.
Soviet Russia was an empire
suffocated by central planning
. Silicon Valley is a region thriving with almost no central planning -- its success is rooted in its incredible convergence of the educational, financial, natural and human resources needed for business success.
What does this mean for you as a marketer or a business owner? You should focus on providing the underlying resources required for your employees' success, not dictating the tactics you think are required for success.
Another way to put it: Don't be afraid to give up some control.
So how do you create an environment for your employees' success? Here are five places to start:
(1) Have a company wiki where you put ALL your information.
Make your organization completely transparent. With the exception of salary information, put all your internal company information and conversation on an internal website (a wiki), where all employees can access it. The more information your employees have, the more they'll be able to make smart decisions on their own. Even better, you'll find that they contribute information to the wiki that will make you better informed, and help you make better decisions.
(2) Encourage everybody in your company to be on social media.
Companies where employees have the freedom to be active on
social media
have an advantage. If your employees are active on social media, they'll talk about their work, and increase your company's reach and online footprint. Also, employees on social media help make your company more transparent and authentic to customers and potential customers. Instead of understanding your company through a corny brochure, they'll know it through relationships with individuals. This will build trust, helping you retain and attract customers.
(3) Filter heavily when you hire, but not after that.
Everybody's heard the stories of social media and transparency backfiring. The best way to avoid these problems is to filter heavily when you hire. Don't be afraid to be super selective. You need top-notch people you can empower and set free. The alternative -- hiring questionable employees that you have to watch like a hawk -- will leave you several steps behind your competitors.
(4) Encourage employees to experiment.
I know -- you have a business to run; your team can't be flip-flopping from one failed project to another. That may be true, but in order to keep running that business, it needs to evolve. You need to improve your service, improve your product and improve the way you produce them. Chances are, your employees have some ideas that may help you do those things. The best way to surface and filter those ideas is to create an environment where experiments are encouraged.
(5) Use data and reporting to hold people accountable.
How do you keep the business on track and moving forward with all this freedom? Hold people accountable for numbers, not tactics. Give them the freedom to experiment with different approaches to their job, but hold them accountable for results. People know that results are important, and they'll appreciate the respect that comes with the freedom to achieve the results on their own.
What would you add to this list? How else can small businesses thrive with a Silicon-Valley-like combination of resources and freedom?
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Paul Roetzer 9:17 AM on May 05, 2010
Nice post, Rick!
I'd add, "be remarkable." Have a vision, and breed a culture of disruptive innovation. Believe in something, take a stand, be unique and dare to fail.
HubSpot is a great model for this.
Chris Ryan 9:38 AM on May 05, 2010
Very good article. I especially like your point #3: Filter heavily when hiring, but not after. Hiring good people and giving them the freedom (and responsibility) to do their jobs is not only good for results but far easier from a time and aggravation standpoint.
Lynn Black 10:06 AM on May 05, 2010
This is good advice but what if you don't have employees?
Would like to see this addressed.
What do we lack?
Search Engine Optimization Vancouver 10:36 AM on May 05, 2010
I agree with you across all points but need to add that some kind of system or common sense needs to be in place. I have seen way to many times where people that should not be doing social media on company behalf are doing it because it was so called free for all. Experiment and innovation are really important but make sure that people know what they doing and what end result might look like.
Redserpent 10:50 AM on May 05, 2010
Believe it or not I work for a company(City Owned) that purposely violate every single point made in the post. Having worked for companied that followed the above points my veredict is that the points work long term.
Jeff Hopeck 1:00 PM on May 05, 2010
I like the point you make about encouraging employees to use social media. It would be neat to compile a list of incentives to implement, that would "more strongly" encourage employees to use social media.
Almost create an inhouse affiliate program and pay-per-tweet, or something along those lines. What do you think?
Ryan VanDenabeele 4:42 PM on May 05, 2010
Great info. I shared this on our facebook page. We try to operate our social media in a very open way and it has been working. Cheers!
ilya 5:31 PM on May 05, 2010
Also, don't set up a network of secret labor camps in the far east of your organization.
Rick Burnes 5:39 PM on May 05, 2010
@lynn If you don't have employees you want to work on being as open as possible with customers and partners. You want to figure out ways to empower them.
@Search Engine Optimization Vancouver Totally agree. That's why I think you need a filter when you hire.
Rick Burnes 5:40 PM on May 05, 2010
@ilya or have drunken thugs running your business.
Scott P. Dailey 3:26 PM on May 06, 2010
Sensational - period! I am currently trying to change leadership's tired paradigms and this is precisely the kind of talk, from precisely the kind of source I need to drive my point home sometimes. Alone, I often appear to be in sore need of an exorcism, as I am surrounded by disciples of the church of push marketing. But Hubspot kicks ass at pointing out the perils inherent in not fostering a more liberal dialogue between leaders and worker bees. Kudos, Hubspot! The importance of this topic cannot be understated. Remember Annie Hall? "I think what we have here, is a dead shark." That’s what happens when a business's internal communications model stop evolving. Dead sharks abound! Keep setting the trends, HubSpot. We'll follow the sound of your pipe.
Srini Kumar 12:00 AM on May 08, 2010
Actually, Soviet Russia was excellent at espionage, which resembles social media strategy to a great degree.