<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Noonday Ventures &#187; Blog</title>
	<atom:link href="http://www.noondayventures.com/blog/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.noondayventures.com</link>
	<description>we help leaders engineer management systems that generate momentum.</description>
	<lastBuildDate>Fri, 18 May 2012 18:50:42 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.2</generator>
		<item>
		<title>Three Marks of a Rich Company</title>
		<link>http://www.noondayventures.com/2012/05/three-marks-of-a-rich-company/</link>
		<comments>http://www.noondayventures.com/2012/05/three-marks-of-a-rich-company/#comments</comments>
		<pubDate>Thu, 10 May 2012 02:38:56 +0000</pubDate>
		<dc:creator>Noonday Ventures</dc:creator>
				<category><![CDATA[Creating the Future]]></category>
		<category><![CDATA[Dirty Words]]></category>

		<guid isPermaLink="false">http://www.noondayventures.com/?p=1048</guid>
		<description><![CDATA[Years ago, I was lucky enough to tour Israel and Palestine with a long-time mentor of mine who just happened to be an expert in the area’s ancient history and current, complicated situation. As part of our tour, we stopped in on Elias Chacour, a remarkable Palestinian Catholic priest who has spent his life building [...]]]></description>
			<content:encoded><![CDATA[<p>Years ago, I was lucky enough to tour Israel and Palestine with a long-time mentor of mine who just happened to be an expert in the area’s ancient history and current, complicated situation. As part of our tour, we stopped in on Elias Chacour, a remarkable Palestinian Catholic priest who has spent his life building bridges of peace, reconciliation, and justice over a 30+ year career in a poor Palestinian town.</p>
<p>But to really understand this man’s passion, you must get this important detail: one of his earliest memories is the leveling of his ancestral village by Israeli soldiers during Israel’s war of independence. From the seed of that searing memory of tanks and bulldozers knocking down his village and tearing up his family’s olive grove eventually came surprising fruit. After years of understandable confusion and anger, he dreamed of a school in which Jewish, Christian, and Muslim children would advance academically and learn to love and accept each other at the same time.</p>
<p>Chacour told us of the twists and turns his story had taken from the moment of that vision to the reality we saw before us. On a hill in the West Bank sits a thriving school, recognized as one of the top academies in all of Israel, with children of Muslim, Jewish, Christian, and Druze backgrounds learning and playing together.  At times, driven by his vision, he had taken drastic measures to fight systems and structures that stood in his way &#8211; like the time he traveled to Washington, DC and cold-called James Baker, the sitting Secretary of State, at his own house in an effort to influence the Israeli government. If only Twitter had existed back then and Chacour had snapped a picture Mrs. Baker’s face when she saw a bearded Palestinian priest in full priestly garb waiting on her front step&#8230;</p>
<div id="attachment_1051" class="wp-caption alignleft" style="width: 235px"><a href="http://www.noondayventures.com/blog/wp-content/uploads/2012/05/chacour.jpg"><img class="size-medium wp-image-1051" title="chacour" src="http://www.noondayventures.com/blog/wp-content/uploads/2012/05/chacour-225x300.jpg" alt="" width="225" height="300" /></a><p class="wp-caption-text">Howdy, Mrs. Baker. Is Mr. Baker home?</p></div>
<p>At the end of his talk, many in our group instinctively did what Americans do &#8211; we reached for our wallets, assuming that a financial contribution would be the appropriate gesture of appreciation.</p>
<p>The priest stood back, almost appalled. “Please,” he said, “I don’t want your money.  If our story has inspired you, I ask for your friendship.  <em>For if all you have is money to give, you are very poor indeed.</em>”</p>
<p>Leaders tell me all the time that their company&#8217;s purpose is to generate great returns for owners and investors. If that’s all a company does then they may be rich in profits, but poor in spirit. If you are in it only for the money, don’t be surprised when everyone else&#8211;your employees, your customers&#8211;are <a href="http://despair.com/wealth.html">mercenaries, only in it for the money</a>. Don’t be surprised when they misbehave. They will. Everybody misbehaves when self-interest is the primary interest.</p>
<p>In my work with leadership teams, I often get involved in helping leaders shape the futures of their organizations.  We spend hours reflecting on what the organization’s past, present conditions, and future opportunities mean for the course they should chart.  We run numbers. We examine data.  We hurt our brains in multiple ways.</p>
<p>It’s all worthwhile. But it’s not enough.  Because at the end of the exercise, we always come back to the same question: <em>How are we going to get the rest of the organization to buy into this direction?</em> If all we have to show for our work is spreadsheets and models, that conversation is almost guaranteed to fall flat. You can almost hear the sound of people’s minds switching off during that company-wide presentation. Click. Click. Click.</p>
<p><a href="http://despair.com/adaptation.html">People are not coin operated machines.</a> While they certainly want to do well financially and be in a company that produces business results, money isn’t enough to make the human being run.  Oh yes, it’s necessary.  Show me a company in financial distress and I’ll show you a whole pack of people who have sincere interest in the numbers.  But for the vast majority of people, the numbers are the <em>means</em> not the <em>ends</em>.  They want something more.</p>
<p>What do they want?</p>
<ul>
<li>They want to change the world in some way.  Put your mind to solving the obvious problems of health care or putting life-changing technology in people’s hands or providing a place for people to have once-in-a-lifetime experience or eradicating some awful disease.</li>
<li>They want to be on an A Team.  Capable people think in terms of careers, not just jobs so they’re looking for roles that give them pedigree. Figure out how to make your organization the breeding ground for the best thinkers and most ground breaking ideas. Convince people that you’re dead serious about creating a place where they can get positioned for doing engaging, rewarding work throughout their whole careers because they’ve worked at your place.</li>
<li>My first boss, to whom I owe my career (thanks again, John), used to say about someone in our company, &#8220;He&#8217;s good people.&#8221; After getting over the strange syntax, I began to understand what he meant and why it mattered.  Most people want to be associated with other good people.  Since they spend the majority of their waking hours with coworkers, they want to be able to trust, respect, and yes, even admire them.  Bob Sutton&#8217;s &#8220;No Asshole Rule&#8221; is a good start. Who really wants to feel like they&#8217;re living a perpetual episode of <em>Survivor</em>? But most of us would like to raise the bar a bit beyond &#8220;non-asshole&#8221; and maybe reach for a &#8220;good people&#8221; standard.</li>
</ul>
<p><strong><strong><br />
</strong></strong>So stop for a moment and ask yourself a few questions:</p>
<ul>
<li>Beyond making a buck, what are we all about in our organization? Why should the world care that we exist?</li>
<li>How clearly does that purpose resonate in our own teams? When they talk about their work to their friends, what do they <em>really</em> say?</li>
<li>What are we doing as leaders on a daily, weekly, monthly, and annual basis to keep our organization on purpose? What stories do we collect and share? What behaviors do we recognize? Of what sorts of behavior are we absolutely intolerant because it flies in the face of what we’re about?</li>
</ul>
<p><strong id="internal-source-marker_0.9095229429658502"><br />
</strong>Earn money.  It’s necessary and can have huge power for good. But don’t allow your organization to only earn money. Because, to paraphrase a wise man from Palestine,  organizations who only produce profits are very poor indeed.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.noondayventures.com/2012/05/three-marks-of-a-rich-company/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What Kind of Smart Employees Do You Need?</title>
		<link>http://www.noondayventures.com/2012/04/what-kind-of-smart-employees-do-you-need/</link>
		<comments>http://www.noondayventures.com/2012/04/what-kind-of-smart-employees-do-you-need/#comments</comments>
		<pubDate>Wed, 11 Apr 2012 20:06:30 +0000</pubDate>
		<dc:creator>Noonday Ventures</dc:creator>
				<category><![CDATA[Creating the Future]]></category>
		<category><![CDATA[Top Teams]]></category>
		<category><![CDATA[Employees]]></category>
		<category><![CDATA[Hiring]]></category>
		<category><![CDATA[Selection]]></category>
		<category><![CDATA[Smart]]></category>

		<guid isPermaLink="false">http://www.noondayventures.com/?p=1041</guid>
		<description><![CDATA[I work with smart people all of the time.  They are often products of the best schools in the world, have impressive accomplishments, and can do super mental gymnastics.  If you haven’t watched a Harvard MBA do a mental triple somersault with a twist in the layout position, you really ought to.  It’s stunning.  And [...]]]></description>
			<content:encoded><![CDATA[<div>I work with smart people all of the time.  They are often products of the best schools in the world, have impressive accomplishments, and can do super mental gymnastics.  If you haven’t watched a Harvard MBA do a mental triple somersault with a twist in the layout position, you really ought to.  It’s stunning.  And I confess that I love these people.</div>
<div></div>
<div>But sometimes smart people do the darnedest things when hiring employees. Here’s one.</div>
<div>
<p>When evaluating a job candidate, smart people often have a short-hand that sums up their thoughts. “She’s crazy smart!” They actually use a different adjective, but this is a family-friendly blog and I never know when my mom might drop in for a read.</p>
<p>Or if they don’t like someone, they might say,<a href="http://despair.com/incompetence.html"> “He’s not that smart.”</a> This is the kiss of death.  You can be awkward, ugly, or downright <a href="http://despair.com/beauty.html">rude</a>.  But don’t be “not that smart.”</p>
<p>There is plenty of evidence assembled by the smart people that intelligence is a key factor to success.  But here’s the question I’m sometimes courageous enough to ask: “What kind of smart does this job require?”</p>
<p>Anyone who has hired employees will recognize the pitfalls of trying to nail down what kind of smarts they need. I have a friend who has been very successful in the publishing world.  Once, she was asked to do a first interview of a highly recommended candidate for one of the biggest news websites in the world. The kid launched into a speech on a 14th century French play and seemed so introverted that she recommended against hiring him thinking he was a bad personality fit as well as better suited to graduate school than a popular website. Fortunately, someone else saw his talents and he went on to become a star business reporter, known for his focused and thorough research.</p>
<p>If you’ve hired more than one employee, you recognize that story.  It’s easy to be imprecise about what kind of “smart” we are looking for when hiring.  Here’s a starter list:<strong><strong><br />
</strong></strong></p>
<ul>
<li><strong>Analytically/Technically Smart</strong> &#8211; These whizzes can weave magic with spreadsheets and numbers. They can model out a business with breathtaking elegance. They can take overwhelming data and turn it into meaningful information.  They can discover the algorithm that will make your product do backflips for your customers. They’re smart. You want them in finance, R&amp;D, and IT.</li>
<li><strong>Book Smart</strong> &#8211; These brainiacs know all of the right answers based on the established research.  They can check and double-check and yes, triple-check your facts and figures to be sure your answer is supported in the literature. You want them on your legal team. They just might find that one thing cracks the case or covers your backside.</li>
<li><strong>People Smart</strong> &#8211; These geniuses are good at what a lot of academically gifted folks struggle with: dealing with people.  They have a natural read for how others are interacting and they can find ways to connect with almost anyone.  I have client who has made a considerable fortune largely based on being people smart.  He says he’s not that smart. Actually, he’s a genius at making connections with people and being genuinely friendly and helpful to them.  This means that he is probably 2-3 phone calls away from talking to virtually anyone of influence in our country. Now that’s smart. You want people like that on your Business Development team or your board.</li>
<li><strong>Quick-on-Their-Feet Smart</strong> &#8211; When I started in consulting, my first boss used to joke about how important it was to have a good pair (or three) of “dancing shoes.”  He was pointing out that certain roles demand people who can think on their feet. They have to walk into situations and conversations with a general approach in mind, but then adjust on the fly with seeming ease.  They need to be able to see around corners in a conversation and know what to say and what not to say.  They’re smart. You want them on your sales or PR team.</li>
<li><strong>Politically Smart</strong> &#8211; We all know there are two realities: how organizations say things get done and how they really get done. Politically smart people know both but they’re experts at the latter.  They can read where influence really lies in any situation and how to get powerful people moving in the same direction.  They figure out what matters to different constituents and they can shape options that turn into deals that turn into action.  They’re smart. You want them on your negotiation team and in any part of your company that drives significant change. (I’m looking at you, IT!)</li>
<li><strong>Organizationally Smart</strong> &#8211; Any fast moving organization manages far too many details.  These people can cut through the clutter and bring order to the chaos.  They sort out what matters and find ways to make tasks work. They’re realists and keep us honest about what can be done.  They’re smart. You want them on your project management teams. And any executive lucky enough to have one as an admin will bite your hand off if you try to recruit theirs.</li>
<li><strong>Wisdom Smart</strong> &#8211; Some situations just require experience.  You can be smart in any of the ways above, but without having seen it before you’re going to struggle.  Having been a successful salesperson isn’t the same as having successfully run a regional sales team.  Reading books about a start-up just isn’t the same as having effectively dealt with the chaos of rapid growth with scarce resources. Having visited Europe on vacation just isn’t the same has having lived and done business there. These people are smart.  You want a balance of people with battle scars along with your bright up-and-comers. One caveat: experienced and crusty don’t have to go together. Pick Wisdom Smart people who are humble enough to know that they can learn from those unburdened by experience.</li>
</ul>
<p><strong id="internal-source-marker_0.3071654876694083"><br />
</strong>Asking “is someone smart” <em>is</em> a smart thing to do.  It’s a simple way to screen a candidate. Just be sure that you’re not going from being simple to being simplistic. Know what you need and where you need it. Ask what kind of smart. You’ll never regret it.</p>
</div>
]]></content:encoded>
			<wfw:commentRss>http://www.noondayventures.com/2012/04/what-kind-of-smart-employees-do-you-need/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Why Respecting Sales is One Key to Growth</title>
		<link>http://www.noondayventures.com/2012/03/why-respecting-sales-is-one-key-to-growth/</link>
		<comments>http://www.noondayventures.com/2012/03/why-respecting-sales-is-one-key-to-growth/#comments</comments>
		<pubDate>Thu, 29 Mar 2012 11:05:47 +0000</pubDate>
		<dc:creator>Noonday Ventures</dc:creator>
				<category><![CDATA[Revenue Engine]]></category>
		<category><![CDATA[Revenue Lift]]></category>
		<category><![CDATA[sales performance]]></category>
		<category><![CDATA[salespeople]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://www.noondayventures.com/?p=1027</guid>
		<description><![CDATA[Planes are funny places. Through the roulette of arcane airline seating procedures, you can wind up next to all sorts of people.  For fun, I sometimes try to guess within 2 minutes which social group the person next to me ran in when they were in high school or college.  If I get lucky and [...]]]></description>
			<content:encoded><![CDATA[<div><a href="http://www.noondayventures.com/blog/wp-content/uploads/2012/03/Geek-or-Jock-Seatmap.jpg"><img class="alignleft size-thumbnail wp-image-1029" title="Geek or Jock Seatmap" src="http://www.noondayventures.com/blog/wp-content/uploads/2012/03/Geek-or-Jock-Seatmap-150x150.jpg" alt="" width="150" height="150" /></a>Planes are funny places. Through the roulette of arcane airline seating procedures, you can wind up next to all sorts of people.  For fun, I sometimes try to guess within 2 minutes which social group the person next to me ran in when they were in high school or college.  If I get lucky and get upgraded to first, chances are I’ll be next to a geek.</div>
<div></div>
<div></div>
<div>Geeks rule the world.  It’s not just Bill Gates, Mark Zuckerburg, and the late Steve Jobs &#8211; all celebrated geeks who are synonymous with some of the most influential companies of our time.  It’s the countless ex-McKinsey consultants who inhabit the C-suites of major companies. It’s the top-of-their-Ivy-League class MBAs who pull the strings of financial firms and consultancies. <a href="http://www.google.com/url?sa=t&amp;rct=j&amp;q=we%20are%20the%206%20percent&amp;source=web&amp;cd=1&amp;ved=0CCQQFjAA&amp;url=http%3A%2F%2Fwww.foxnews.com%2Fsports%2F2011%2F11%2F15%2Fare-6-t-shirt-to-mark-historic-ivy-league-football-rivalry%2F&amp;ei=TNRxT4ugLIjIqgGEo5iVDA&amp;usg=AFQjCNFKhYmjwBQAQ6hSSLzGq-3G-js_Cg&amp;sig2=8aHO8slu9XcI7UNzMqW4MQ">It’s all of those Harvard kids who proudly wore t-shirts saying “we are the 6%”</a> to the Harvard-Yale game this past fall.</div>
<div></div>
<div>Let’s give it up for the geeks.  They took their licks in high school when the<a href="http://despair.com/goals.html"> jocks ruled the hallways</a> despite their often less-than-stellar academic performance. Geeks knew it wasn’t fair &#8211; that they worked harder, achieved more academically, and truly grasped differential equations while a kid who threw a perfect spiral got elected homecoming king.  They had a fair bit of contempt for those jocks mixed with grudging respect for their social and athletic skills.</div>
<div>
<p>Now that the geeks rule, they’ve found a useful function for the jocks. They stick them in sales. After all, many geek-execs have the same grudging respect  for salespeople that they had for the jocks in the past.  (Well, Steve Jobs apparently didn’t even have grudging respect but that’s another matter.) They see salespeople as not particularly smart, coin-operated (just give them money and they’ll run just fine), and <a href="http://despair.com/sacrifice.html">replaceable</a>.  They require academic pedigree for their technical and executive team positions. For sales, they’re happy with a glad-hander from a state school.</p>
<p>This can appear to work just fine for a while.  Sales roll in and the geek-execs get back to what they consider real work &#8211; inventing, modeling the numbers, fine-tuning spreadsheets.  But willful ignorance has a way of coming home to roost eventually.  In this case, it often happens when the sales organization needs a leader, either because of the organization’s growth or because a sales leader moves on. Too often, organizations then take their best salesperson and make him or her the head of sales.</p>
<p>It doesn’t take a genius (irony intended) to predict that this might end badly.  The skills required to sell something to a prospect differ dramatically from the skills required to run an organization.  But take willful ignorance and add a dash of contempt and you’ll do things that will make you scratch your head in hindsight.</p>
<p>After a while with a super-salesperson in a key sales leadership role, you’ll probably see some of these symptoms:</p>
<ul>
<li>Sales success is talked about as a matter of personal style &#8211; there’s little consistent methodology across the organization.  Somebody can either figure it out or they can’t. They have “it” or they don’t.</li>
<li>Salespeople are idolized. Well, successful salespeople are idolized (because they “figured it out” and they have “it.”)  Unsuccessful salespeople are flushed out.</li>
<li>A lot of money is spent on hiring and training, but with little systematic approach.  One year (or quarter) we hire people with deep industry background and a strong rolodex. The next, we hire people who have transferable experience and have been big producers in different industries. Then we hire bright young things fresh out of school who have fewer bad habits to unlearn.</li>
<li>We have fabulous sales meetings and regular training sessions.  Each year is a different theme. Each year is a different sales methodology.  We worry about how much the salespeople like the training but can barely remember the content from the year before.</li>
</ul>
<p><strong><strong><br />
</strong></strong>You get the idea. The details may be different, but the organization is lurching from one tactic to another, hiding behind a veil of activity. The fundamental issue is that the sales organization is a bunch of independent sales operators loosely held together by an organizational chart.</p>
<p>There’s a better way. A much better way. But it requires thinking of the revenue generating effort (notice I didn’t say just the “sales organization”) as a system.  That’s a lot harder &#8211; and yes, requires a lot more “smarts” &#8211; than punting the sales organization to a super-salesperson.  It may require combining the people smarts of the sales professionals and the systems/strategic smarts of technically-minded leaders.  It will definitely require dismissing all ancient contempt for sales, jocks, and the art of doing the deal.</p>
<p>So whether you’re a former geek working in a technical leadership role or a former jock running sales or a former whatever, maybe it’s time we set aside those prejudices.  Even more important, maybe it’s time we set aside willful ignorance in all its forms and become students of what works and why.  Here are few questions we could start to ask:</p>
<ul>
<li>Do we have people in our key leadership roles who both understand the daily work of their function and have a systemic mindset?</li>
<li>Do those leaders overtly connect our strategy and brand to how we represent the company in the field?</li>
<li>Have we looked at our whole revenue engine as a system and made sure it’s running smoothly?</li>
<li>Can we point to the few aspects of the revenue system that most predict our success? How well can we connect those success predictors to the brand we espouse to our customers?</li>
</ul>
<p>Only when we become learners can we take steps toward the kind of consistent success that will make all of us &#8211; geeks, jocks, and those in between &#8211; proud.</p>
</div>
]]></content:encoded>
			<wfw:commentRss>http://www.noondayventures.com/2012/03/why-respecting-sales-is-one-key-to-growth/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Things we love to call salespeople: Heroes, Goats, and Magicians</title>
		<link>http://www.noondayventures.com/2012/03/heroes-goats/</link>
		<comments>http://www.noondayventures.com/2012/03/heroes-goats/#comments</comments>
		<pubDate>Tue, 13 Mar 2012 16:14:19 +0000</pubDate>
		<dc:creator>Noonday Ventures</dc:creator>
				<category><![CDATA[Revenue Engine]]></category>
		<category><![CDATA[Revenue Lift]]></category>
		<category><![CDATA[performance]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[sales]]></category>

		<guid isPermaLink="false">http://www.noondayventures.com/?p=1007</guid>
		<description><![CDATA[If you&#8217;re like me, you have a love-hate relationship with certain groups or products.  I love my Mac suite of products &#8211; except when I don&#8217;t. When they hum along with all of their elegant simplicity, sync&#8217;ing my information beautifully while looking and feeling eerily stylish, I love them.  When I&#8217;m right in the middle [...]]]></description>
			<content:encoded><![CDATA[<p>If you&#8217;re like me, you have a love-hate relationship with certain groups or products.  I love my Mac suite of products &#8211; except when I don&#8217;t. When they hum along with all of their elegant simplicity, sync&#8217;ing my information beautifully while looking and feeling eerily stylish, I love them.  When I&#8217;m right in the middle of a really important document and they give me the Mac equivalent of the &#8220;blue screen of death&#8221; (which means it&#8217;s a nicer interface in more languages telling me that I&#8217;m <em>still</em> screwed) I hate them.</p>
<p>The same happens with how a lot of leaders feel about their sales team.  In my last post, I wrote about the tendency we have to credit or blame the sales organization for revenue performance.  When sales are up, we love the sales team. When sales dip, we loathe the sales team. Why? I think it&#8217;s more complicated than just the numbers. I think it&#8217;s often because non-sales leaders often put the sales team into one of three categories &#8211; <strong>heroes</strong>, <strong>goats</strong>, or <strong>magicians.</strong></p>
<ul>
<li><strong><a href="http://www.noondayventures.com/blog/wp-content/uploads/2012/03/Superman.jpg"><img class="alignleft size-thumbnail wp-image-1020" title="Superman" src="http://www.noondayventures.com/blog/wp-content/uploads/2012/03/Superman-150x150.jpg" alt="" width="150" height="150" /></a>Heroes</strong>: I once worked for a company that glorified sales.  When sales were strong, salespeople were the heroes and could get virtually anything they wanted done in the company.  Need to spend a little unbudgeted money? Done.  Need to take a pass on some corporate initiative? No problem. Want a little extra vacation? Go for it.  The firm knew that revenue was its life-blood. While many other people worked hard to win and bill the revenue, those few who had figured out how to consistently get deals done were special. <a href="http://despair.com/recognition.html">They won the awards</a>. They got limos to the annual meeting. They had their own suites at the hotel. They were the royalty.</li>
<li><strong>Goats</strong>: Here&#8217;s the irony. At the very same company I described above, salespeople were also seen as the goats. If sales numbers stumbled, they were the ones grilled by senior execs. (My personal favorite was an &#8220;Account Review&#8221; where a senior exec tossed his reading glasses on the table in disgust at the numbers delivered by one account exec.) While a lot of people should have been accountable for dropping sales numbers (and should have contributed directly to getting them to turn around), <a href="http://despair.com/loneliness.html">it felt really lonely on the sales team when the numbers tanked</a> as others gladly let the accountability fall on the unlucky sales schlubs.</li>
<li><strong><a href="http://www.noondayventures.com/blog/wp-content/uploads/2012/03/Magic-Hat.jpg"><img class="alignleft size-thumbnail wp-image-1023" title="Magic Hat" src="http://www.noondayventures.com/blog/wp-content/uploads/2012/03/Magic-Hat-150x150.jpg" alt="" width="150" height="150" /></a>Magicians</strong>: In some organizations, most people honestly have no clue how salespeople actually do their jobs or what separates successful ones from stragglers.  They see sales as a magical art that a few special people have mastered through an apprenticeship with a mysterious master.  Ask them how salespeople do it and they&#8217;ll usually say, &#8220;Beats me! But I sure hope they keep doing it.&#8221;</li>
</ul>
<p><em>All</em> of these labels are really unhelpful.  <strong>Great leadership teams and great companies see the whole and own the whole.</strong> Revenue is <em>everyone&#8217;s</em> responsibility. Whether you work in operations, HR, marketing, customer service, IT, legal, or finance, you should have an impact on your organization&#8217;s ability to attract, win, and retain customers &#8211; and <em>that&#8217;s</em> what makes revenue really happen.</p>
<p>When we share responsibility for revenue <em>and</em> help every single person know how <strong>they</strong> contribute, a beautiful thing happens: Salespeople are seen as valuable members of a the company-wide revenue-generating team who all roll up their sleeves and lift revenue every day of  every month. No more heroes, goats, or magicians &#8211; just team-mates who make a difference like everyone else.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.noondayventures.com/2012/03/heroes-goats/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Revenue&#8217;s up? Revenue&#8217;s down? If you think it&#8217;s just sales, think again&#8230;</title>
		<link>http://www.noondayventures.com/2012/02/revenue-sales/</link>
		<comments>http://www.noondayventures.com/2012/02/revenue-sales/#comments</comments>
		<pubDate>Mon, 20 Feb 2012 20:50:49 +0000</pubDate>
		<dc:creator>Noonday Ventures</dc:creator>
				<category><![CDATA[Revenue Engine]]></category>
		<category><![CDATA[Revenue Lift]]></category>
		<category><![CDATA[cost cutting]]></category>
		<category><![CDATA[discount]]></category>
		<category><![CDATA[income statement]]></category>
		<category><![CDATA[medical sales]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[sales department]]></category>
		<category><![CDATA[sales team]]></category>
		<category><![CDATA[Ted Harro]]></category>

		<guid isPermaLink="false">http://www.noondayventures.com/blog/?p=614</guid>
		<description><![CDATA[Words matter.  I work with a company where people say that all of the time. They&#8217;re right. Mostly. What matters even more is the meaning we give to certain words.  There are certain words that, while innocuous enough on the surface, have become twisted or shrunken or blown out of all proportion. Here&#8217;s one example: [...]]]></description>
			<content:encoded><![CDATA[<p>Words matter.  I work with a company where people say that all of the time. They&#8217;re right.</p>
<p>Mostly.</p>
<p>What matters even more is the meaning we give to certain words.  There are certain words that, while innocuous enough on the surface, have become twisted or shrunken or blown out of all proportion.</p>
<p>Here&#8217;s one example: <strong>sales</strong>.</p>
<p>First, a confession: as a doctor&#8217;s kid, I saw sales as a dirty word.  Sales meant getting your money from your pocket into mine for something you didn&#8217;t want or need.  Thankfully, I met my first boss, John Grau.  He showed me that sales could be helping people get what they truly wanted and needed in a way that respected their right to choose. That was a mind-bender and led me to having a surprisingly successful sales career of my own.</p>
<p>But as I have worked with organizations over the years, I&#8217;ve noticed that my own upbringing wasn&#8217;t the only thing that had twisted the meaning of the word &#8220;sales.&#8221; Organizations use the word in all sorts of ways, often in the shape of questions:</p>
<ul>
<li>Why are <em>Sales</em>  up (or down) this month?</li>
<li>Why does <em>Sales</em> want to discount and cut corners all of the time?</li>
<li>How can we get <em>Sales</em> to sell the value of our company better to customers?</li>
</ul>
<p>Here&#8217;s the rub: Sales = revenue and revenue is the life-blood of any organization.  (It&#8217;s more precise to say that cash is the life-blood, but stay with me&#8230;) &#8220;Sales&#8221; appears on the Income Statement. &#8220;Sales&#8221; are reported to owners on a regular basis.  You learn this in basic business classes or when you&#8217;re staring at your own P&amp;L as an entrepreneur.</p>
<p>Sales is also, unfortunately,  a department or an organization or the responsibility of a particular group.  Whether a retail associate, a partner of a consulting firm, or a national account manager, usually someone carries the bag of dirt for getting the revenue numbers.  (A friend of mine calls these people &#8220;quota carriers.&#8221;) And that&#8217;s where things can get really messy.</p>
<p>When they slow down and think for 3 seconds, most leaders would agree that their company&#8217;s revenue performance  is <em>everyone&#8217;s</em> responsibility &#8211; because it represents the sum total of the whole team&#8217;s work whether they&#8217;re in R&amp;D, Marketing, IT, HR, Legal, Operations, or whatever. But we have these departments called &#8220;sales&#8221; and <a href="http://despair.com/blame.html" target="_blank">it&#8217;s very easy to say that revenue is <em>their</em> issue</a>. It&#8217;s not. It&#8217;s <em>everybody&#8217;s issue</em>.</p>
<p>So let&#8217;s re-frame those questions:</p>
<ul>
<li>Why is <em>our</em> revenue down this month?</li>
<li>What&#8217;s happening in <em>our</em> organization that tempts us to discount or cut corners to win customers?</li>
<li>How can we make what <em>we all do</em> so valuable to customers that they happily pay our fees and even tell their friends about us?</li>
</ul>
<p>When we ask questions like that, we challenge ourselves to see the bigger picture. We all take ownership and we all get the &#8211; dare I say it &#8211; <em>joy</em> of making a serious contribution to our company&#8217;s success. Sales teams are just one part of the team &#8211; not heroes or goats &#8211; and we probably end up driving our whole organization to do its best work.</p>
<p><em>Ted Harro is Founder @ <a href="http://www.noondayventures.com">Noonday Ventures</a></em></p>
]]></content:encoded>
			<wfw:commentRss>http://www.noondayventures.com/2012/02/revenue-sales/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Two very different exits</title>
		<link>http://www.noondayventures.com/2012/01/two-very-different-exits/</link>
		<comments>http://www.noondayventures.com/2012/01/two-very-different-exits/#comments</comments>
		<pubDate>Wed, 04 Jan 2012 00:06:05 +0000</pubDate>
		<dc:creator>Noonday Ventures</dc:creator>
				<category><![CDATA[Influence]]></category>

		<guid isPermaLink="false">http://www.noondayventures.com/blog/?p=649</guid>
		<description><![CDATA[It&#8217;s said that leadership is influence.  While true, I also believe that how a leader influences matters over the long haul. Here&#8217;s a recent example.  Over the holidays, you probably noticed the exits of two very different leaders from the world stage: Kim Jong-il and Vaclav Havel.  Both had huge followings.  But that&#8217;s where the [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.noondayventures.com/blog/wp-content/uploads/2012/01/Exit.jpg"><img class="alignleft size-medium wp-image-650" title="Exit" src="http://www.noondayventures.com/blog/wp-content/uploads/2012/01/Exit-300x200.jpg" alt="" width="300" height="200" /></a>It&#8217;s said that leadership is influence.  While true, I also believe that <em>how</em> a leader influences matters over the long haul.</p>
<p>Here&#8217;s a recent example.  Over the holidays, you probably noticed the exits of two very different leaders from the world stage: Kim Jong-il and Vaclav Havel.  Both had huge followings.  But that&#8217;s where the similarities ended.</p>
<ul>
<li>One took the mantle of leadership from his dictatorial family.  The other assumed leadership from the lowly position of a dissident.</li>
<li>One maintained power through brute force and fear. The other was given authority precisely <em>because</em> he stood up to brute force and fear but refused to use it even in revenge.</li>
<li>One believed in centralization and subjugation.  The other advocated for self-determination and local freedom.</li>
<li>One feared the possibility of expulsion from his country enough that he reportedly hoarded billions in foreign bank accounts in case he had to bail out.  The other certainly could have moved to a more comfortable living situation but decided to live out his days close to the people he had served even though he no longer had formal authority.</li>
<li>One&#8217;s death was marked by large, orchestrated shows of grief.  The other&#8217;s death prompted the mixture of grief and criticism only possible in the kind of free society he helped create.</li>
</ul>
<p>We know our legacy after we&#8217;ve gone.  But we&#8217;re creating it today.  Make it a good one.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.noondayventures.com/2012/01/two-very-different-exits/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>The Real Gift &#8211; What we can learn from top-notch non-profits</title>
		<link>http://www.noondayventures.com/2011/12/the-real-gift-what-we-can-learn-from-top-notch-non-profits/</link>
		<comments>http://www.noondayventures.com/2011/12/the-real-gift-what-we-can-learn-from-top-notch-non-profits/#comments</comments>
		<pubDate>Wed, 07 Dec 2011 00:50:42 +0000</pubDate>
		<dc:creator>Noonday Ventures</dc:creator>
				<category><![CDATA[Influence]]></category>

		<guid isPermaLink="false">http://www.noondayventures.com/blog/?p=637</guid>
		<description><![CDATA[An old saying goes, &#8220;If you want to know what&#8217;s important to someone, take a look at their checkbook.&#8221; I&#8217;m not sure the saying goes far enough. Take the year-end fund-raising season.  These days, many non-profits come looking of money, flooding our mailboxes, emails, and airwaves with pleas &#8211; or that twisted bit of English, [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.noondayventures.com/blog/wp-content/uploads/2011/12/gift.jpg"><img class="alignleft size-medium wp-image-645" title="gift" src="http://www.noondayventures.com/blog/wp-content/uploads/2011/12/gift-300x199.jpg" alt="" width="300" height="199" /></a>An old saying goes, &#8220;If you want to know what&#8217;s important to someone, <a href="http://despair.com/inflation.html">take a look at their checkbook</a>.&#8221; I&#8217;m not sure the saying goes far enough.</p>
<p>Take the year-end fund-raising season.  These days, many non-profits come looking of money, flooding our mailboxes, emails, and airwaves with pleas &#8211; or that twisted bit of English, &#8220;asks.&#8221; Non-profits need money to stay alive for another year/quarter/month.</p>
<p>But to <em>thrive</em>, non-profits need <em>engagement</em> from an enthusiastic network of supporters.  And to gauge where we&#8217;re truly invested, we probably shouldn&#8217;t look at our checkbooks. We should look at our calendars.  Money is relatively cheap.  You can make more. Yes, each of us has a level of financial contribution that would make us catch our breath. But we rarely approach that &#8211; instead giving what is &#8220;comfortable&#8221; for us.</p>
<p>Time is another matter. Everyone gets exactly the same amount.  By definition, it&#8217;s scarce.  And when you&#8217;re as busy as most of us are, engaging &#8211; <em>really</em> engaging &#8211; with a cause or a company or whatever&#8230; well, now we&#8217;re talking about giving something precious.</p>
<p>How do the best non-profits do this? Here are my unscientific observations.  Feel free to add yours:</p>
<ul>
<li>They unabashedly call people to something <strong>larger than themselves.</strong> &#8220;Help us change the world&#8221; is more compelling than &#8220;Help us pay our bills.&#8221;</li>
<li>They remain true to their core purpose in their decisions so that participants trust them. They&#8217;re internally <strong>consistent</strong>.</li>
<li>They provide many ways to be involved beyond a donation.  They know that people who have an experience will always become <strong>activists</strong>. Those who write a check become <strong>donors</strong>.</li>
<li>They create <strong>community</strong>. Relationships and caring and authenticity draw people in better than slick campaigns.</li>
<li>They <strong>appeal to our best sides</strong> (hope, service, nobility) instead of the cheap shortcuts (guilt, shame, and obligation).</li>
</ul>
<p>Come to think of it, these are traits of every great organization, whether for profit or for the common good.  What can you rip off the best non-profits and put into play in your sphere of influence?</p>
<p>&nbsp;</p>
]]></content:encoded>
			<wfw:commentRss>http://www.noondayventures.com/2011/12/the-real-gift-what-we-can-learn-from-top-notch-non-profits/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>The Half-built Bridge</title>
		<link>http://www.noondayventures.com/2011/12/the-half-built-bridge/</link>
		<comments>http://www.noondayventures.com/2011/12/the-half-built-bridge/#comments</comments>
		<pubDate>Fri, 02 Dec 2011 12:00:05 +0000</pubDate>
		<dc:creator>Noonday Ventures</dc:creator>
				<category><![CDATA[Creating the Future]]></category>

		<guid isPermaLink="false">http://www.noondayventures.com/blog/?p=602</guid>
		<description><![CDATA[&#8220;I hate half-built bridges!&#8221; It was a side comment from the CEO of a hot start-up as we walked through his offices.  He used the phrase to refer to unfinished projects and projects where half-way through, you might wonder, &#8220;Where were we going with this again?&#8221;  And his statement gets to the essence of an [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_635" class="wp-caption alignleft" style="width: 310px"><a href="http://www.noondayventures.com/blog/wp-content/uploads/2011/12/Unfiinished-Bridge.jpg"><img class="size-medium wp-image-635" title="Unfiinished Bridge" src="http://www.noondayventures.com/blog/wp-content/uploads/2011/12/Unfiinished-Bridge-300x199.jpg" alt="" width="300" height="199" /></a><p class="wp-caption-text">Where is this one going?</p></div>
<p>&#8220;I hate half-built bridges!&#8221; It was a side comment from the CEO of a hot start-up as we walked through his offices.  He used the phrase to refer to unfinished projects and projects where half-way through, you might wonder, &#8220;Where were we going with this again?&#8221;  And his statement gets to the essence of an important issue.</p>
<p>It&#8217;s planning season.  Around the world, leaders of organizations and teams are finishing up their plans for 2012. If they&#8217;re good, they&#8217;re reviewing what happened in 2011 to see where they&#8217;ve excelled and where things have gone a little sideways.</p>
<p>When any of us do this, we may discover half-built bridges.  I&#8217;m all for tests and pilots and trials (more on that in a later post), but bridges aren&#8217;t usually seen as experiments.  They&#8217;re a bit more permanent than that. You expect them to be completed.</p>
<p>So how do you get your bridges built? Start with a proven planning principle:</p>
<blockquote><p>Perspective precedes planning</p></blockquote>
<p>The key to getting your bridge over is to get yourself (and your team) up. Everyday life in most organizations drags us down, down, down into the details and the daily grind.  We shouldn&#8217;t for a minute disrespect the daily grind since most successful people and organizations do their share of grinding.</p>
<p>But when we linger too long down in the details, we&#8217;re likely to produce more half-built bridges.  We haven&#8217;t elevated our perspective to see where we are, where we&#8217;ve come from, and the options for where we might want to go.  So we just start digging, and pouring concrete, and laying steel&#8230; until we wake up one day and say, &#8220;Where is this bridge going?&#8221;</p>
<p>What bridges might go unfinished for you? Would a little perspective time help you pour concrete in the best places?</p>
]]></content:encoded>
			<wfw:commentRss>http://www.noondayventures.com/2011/12/the-half-built-bridge/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>If Reprise</title>
		<link>http://www.noondayventures.com/2011/11/if-reprise/</link>
		<comments>http://www.noondayventures.com/2011/11/if-reprise/#comments</comments>
		<pubDate>Wed, 23 Nov 2011 12:52:56 +0000</pubDate>
		<dc:creator>Noonday Ventures</dc:creator>
				<category><![CDATA[Dirty Words]]></category>

		<guid isPermaLink="false">http://www.noondayventures.com/blog/?p=630</guid>
		<description><![CDATA[I first posted this during Thanksgiving week a year ago.  It immediately became the most read post I&#8217;ve ever written.  So I share it again this year&#8230; All the best this Thanksgiving! If you slept in a warm bed last night&#8230; give thanks. If you were blessed with a good education that stretched your mind and [...]]]></description>
			<content:encoded><![CDATA[<p><em>I first posted this during Thanksgiving week a year ago.  It immediately became the most read post I&#8217;ve ever written.  So I share it again this year&#8230; All the best this Thanksgiving!</em></p>
<div id="attachment_631" class="wp-caption alignleft" style="width: 310px"><a href="http://www.noondayventures.com/blog/wp-content/uploads/2011/11/List.jpg"><img class="size-medium wp-image-631" title="List" src="http://www.noondayventures.com/blog/wp-content/uploads/2011/11/List-300x199.jpg" alt="" width="300" height="199" /></a><p class="wp-caption-text">What&#39;s on your list this year?</p></div>
<ul>
<li>If you slept in a warm bed last night&#8230; <em>give thanks</em>.</li>
<li>If you were blessed with a good education that stretched your mind and heart&#8230; <em>give thanks</em>.</li>
<li>If you had a family member or friend who invested time, energy, and money in you&#8230;<em>give thanks</em>.</li>
<li>If you stand on the shoulders of ancestors and mentors&#8230; <em>give thanks</em>.</li>
<li>If you have a job&#8230; <em>give thanks</em>.</li>
<li>If your job is more than a paycheck&#8230; <em>give thanks</em>.</li>
<li>If you will gather with loved ones this week&#8230;<em> give thanks</em>.</li>
<li>If you have a boss who gives a rip and does what&#8217;s right instead of what&#8217;s expedient&#8230; <em>give thanks</em>.</li>
<li>If you have colleagues who you can count on&#8230; <em>give thanks.</em></li>
<li>If you have an employee (or more!) who goes above and beyond the call&#8230; <em>give thanks.</em></li>
<li>If you&#8217;ve had an opportunity you didn&#8217;t earn (that&#8217;s called <em>grace</em>)&#8230; <em>give thanks.</em></li>
<li>If you have a working vehicle&#8230; <em>give thanks.</em></li>
<li>If you have use of a computer/smartphone to read this post&#8230; <em>give thanks.</em></li>
<li>If you know where your next meal is coming from&#8230;<em> give thanks.</em></li>
</ul>
<p>Ambition and growth have their uses.  But let&#8217;s be thankful that, in a culture <a href="http://despair.com/wealth.html">obsessed with more</a>, we have set aside a day each year to count our blessings.</p>
<p>My list is long. I&#8217;ll bet yours is too.  Why not make this Thanksgiving about more than turkey and <a href="http://despair.com/success.html">bad football</a>? How about sharing your list with someone you know? It just might multiply the thanks.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.noondayventures.com/2011/11/if-reprise/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>One foot on the gas and one on the brake</title>
		<link>http://www.noondayventures.com/2011/11/one-foot-on-the-gas-and-one-on-the-brake/</link>
		<comments>http://www.noondayventures.com/2011/11/one-foot-on-the-gas-and-one-on-the-brake/#comments</comments>
		<pubDate>Thu, 17 Nov 2011 00:14:40 +0000</pubDate>
		<dc:creator>Noonday Ventures</dc:creator>
				<category><![CDATA[Creating the Future]]></category>

		<guid isPermaLink="false">http://www.noondayventures.com/blog/?p=598</guid>
		<description><![CDATA[Several weeks ago, a Russian passenger plane crashed, tragically killing all but one of the passengers and crew.  Thanks to the &#8220;black box&#8221; technology, we&#8217;re able to dissect accidents like this one much more analytically than we can examine most mistakes. The crash investigators concluded that the plane crashed for entirely preventable reasons.  Apparently, the [...]]]></description>
			<content:encoded><![CDATA[<p>Several weeks ago, a Russian passenger plane crashed, tragically killing all but one of the passengers and crew.  Thanks to the &#8220;black box&#8221; technology, we&#8217;re able to dissect accidents like this one much more analytically than we can examine most mistakes.</p>
<p>The crash investigators concluded that the plane crashed for entirely preventable reasons.  Apparently, the pilots had not been properly trained in the current model of airplane so that they effectively had one foot on the gas and one on the brake as they attempted to take off. In fact, the more they realized that they were in trouble, the harder they unwittingly stomped on the brake while they opened the throttle wider and wider. The result was that the plane lifted off, but only enough to stall out and crash.</p>
<p>How many of our organizations do the same? We <em>say</em> we want to explore that new idea, but we starve it of resources. We <em>say</em> we want to radically change how customers experience our company, but we stick doggedly to our old thought and behavior patterns. We may even leave old incentives in place that drive the old behaviors.  It&#8217;s one foot on the brake and one on the gas.  And the results are predictable.</p>
<p>At some point, we must choose.  We must stay safely on terra firma or release the brakes and go for lift-off.  Either choice may be fine. But choose or crash.</p>
<p>Which choose-or-crash decisions face you and your team? What will you do?</p>
]]></content:encoded>
			<wfw:commentRss>http://www.noondayventures.com/2011/11/one-foot-on-the-gas-and-one-on-the-brake/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
	</channel>
</rss>

