Thursday, 15 June 2023

How To Retain Top Talent While Prioritizing Their Quality Of Life

How To Retain Top Talent While Prioritizing Their Quality Of Life written by Felipe Orrego read more at Duct Tape Marketing

Marketing Podcast with Joe Mull

Joe Mull, a guest on the Duct Tape Marketing PodcastIn this episode of the Duct Tape Marketing Podcast, I interview Joe Mull. He is the founder of the BossBetter Leadership Academy and hosts the popular BossBetter Now Podcast, which was recently named by SHRM as a “can’t miss show for leaders” along with podcasts from BrenĂ© Brown and Harvard Business Review.

He is the author of 3 books including his newly released Employalty: How to Ignite Commitment and Keep Top Talent in the New Age of Work, a framework for creating an employee experience that leads people to join a company, stay long term, and do a great job. This book will teach you how to attract and retain talent and turn ordinary people into devoted employees.

Key Takeaway:

Employalty emphasizes the idea of attracting and retaining top talent by creating a more humane employee experience that focuses on their quality of life. The goal is to create an environment that recognizes employees’ individual needs and allows for a better work-life balance. Companies should become a destination workplace and for this, they should win in three areas of the employee experience: an ideal job, meaningful work, and becoming a great boss.

Questions I ask Joe Mull:

  • [01:55] What were you hoping to add to the topics of hiring and quitting with this book?
  • [04:00] Employalty sounds about employee loyalty, but that’s not what it is. What is Employalty?
  • [04:55] Gen Z wants different things in work, can you explain the “myth of lazy”?
  • [07:31] How do leaders and business owners turn their company into what you call a Destination Workplace?
  • [11:52] You say that every employee in every company has an internal scorecard that determines whether they stay long-term and commit to their work. Please explain that idea.
  • [12:58] Can you elaborate on the phrase: “the era of hiring the best person for the job is over”.
  • [18:08] Where do diversity, equity, and inclusion, you know, initiatives fit into the idea of Employalty?
  • [20:09] Where’s AI going to fit in the destination workplace?

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John Jantsch (00:00): Hey, did you know that HubSpot's annual inbound conference is coming up? That's right. It'll be in Boston from September 5th through the eighth. Every year inbound brings together leaders across business, sales, marketing, customer success, operations, and more. You'll be able to discover all the latest must know trends and tactics that you can actually put into place to scale your business in a sustainable way. You can learn from industry experts and be inspired by incredible spotlight talent. This year. The likes of Reese Witherspoon, Derek Jeter, Guy Raz are all going to make appearances. Visit inbound.com and get your ticket today. You won't be sorry. This programming is guaranteed to inspire and recharge. That's right. Go to inbound.com to get your ticket today.

(01:03): Hello and welcome to another episode of the Duct Tape Marketing Podcast. This is John Jantsch. My guest today is Joe Mull. He's the founder, the boss, better Leadership Academy, and the host of the Boss Bette Now podcast, which was recently named by SHRM as a “can’t miss show for leaders” along with podcasts from Brene Brown and Harvard Business Review. He's the author of three books, including one we're gonna talk about today. And I'm gonna stumble over this word every time cuz it's a made up word. It's awesome, Employalty. It's a mouthful. How to Ignite Commitment and Keep Top Talent in the New Age of Work. So Joe, welcome to the show.

Joe Mull (01:44): Thank you John, and you nailed the title my friend. I've gotten a lot of different iterations of that. And you were pitch perfect. It's Imploy.

John Jantsch (01:52): Awesome. So obviously the topic of hiring and quitting and

Joe Mull (02:10): Well, this book was really born after I continued to get frustrated with some of the dialogue that was taking place around why it was so, so hard to find people in the aftermath of the pandemic, why it was so hard to get people to stay with an organization and why so many people were actively changing jobs.

(02:27): There's this narrative that's been taking place that, you know, nobody wants to work anymore or that this is really a generational issue and we have a ton of data that tells us that it's not true. Yeah. What we've been calling the Great Resignation, it actually has been going on for about 13 years. When you look at the number of people who have been voluntarily changing jobs to take better jobs. Yeah. We know a lot of that is being driven by quality of life and that's really at the heart of what this book's about.

John Jantsch (02:53): Yeah.

Joe Mull (03:17): That's exactly right. There was a sort of values reshuffling that took place. Yeah. And then if you think about it, the covid didn't cause the covid, I just called it the Covid

John Jantsch (03:27): It's like the Google was That's the Google, isn't it?

Joe Mull (03:29): Yeah, the Google. Yeah. You know what Covid did do to the workforce is it made everybody braver.

(03:34): Right? Prior to the pandemic a, a major job change was a major life decision. You'd weigh the pros and cons and talk to people in your network, and then the pandemic arrived and it injected so much instability and uncertainty into the job market for so many people who then lived with that for two years. And so our risk aversion to job changes got obliterated by this massive global happening. So now it's not such a big deal to think about a change.

John Jantsch (04:00): Yeah. So the title, which apparently I nailed loyalty, you know, has the word loyal, sort of right smack in the middle of it. And just because you have told me differently, well that's not really what this book's about, is it? I mean, because it, you read that in the first glance, you might think employee loyalty, I get it. Mash those together. Right?

(04:21): But you're not talking about that at all, are you?

Joe Mull (04:23): No. We're playing a little bit of a trick on the reader here. Right? You hear, you see the word and you think employee loyalty, but employalty is actually a port man toe of the words employer loyalty and humanity. Yeah. So employalty is the commitment that employers make to a more humane employee experience because we know nowadays that's what triggers commitment at work.

John Jantsch (04:44): So, and we can't really even pick on millennials anymore, right? I mean, they're like old now

Joe Mull (04:49): So they're 40 now, John. That's right. Yeah, exactly.

John Jantsch (04:53): The oldest ones anyway of, you know, they want different things. The next generation, which I guess we're calling Gen Z now, you know, wants different things in work. And a lot of, you know, gray haired employers are, you know, interpreting that is, nobody likes to work, you know?

(05:07): Mm-hmm.

Joe Mull (05:13): It's not. So we know that over the past two decades, the workforce on the whole, across every generation, has continued to endure a handful of burdens. The amount of work workloads have exploded in the past 20 years. Wages have been largely stagnant for nearly 40 years, up until about two years ago was the first time we started to see that number move.

(05:34): At the same time, burnout has become an all time high records in the workplace, even before the pandemic arrived. And so what we're seeing is people saying, I need a change. And those changes are being driven by quality of life. There's a, a massive recalibration taking place around how work fits into our lives. And there's more opportunity than ever before, John, because we keep adding so many jobs to the economy.

(05:56): And so right now there needs to be a mindset shift for folks who employ people. There is no staffing shortage, there's a great jobs shortage. There's more opportunity than ever before for people to go out and upgrade their work situation. And unless you decide to be the upgrade, you're gonna struggle to find and keep people

John Jantsch (06:16): You know, in the housing market, you talk about a seller's market, a buyer's market, and of course, you know, a lot of people are suggesting that, you know, the upper hand right now is with employees. And so a lot of employers are reacting to that. But is that, you know, are, is that just an ebb and flow thing? I mean, will that turn itself around?

Joe Mull (06:34): There's always gonna be a little bit of ebb and flow in terms of the demand for workers in the job market. But when you look at the numbers, we've added jobs to the economy at a a, a breakneck pace for almost 10 years straight, right?

(06:46): We still have right now nearly 10 mil million unfilled jobs. If you took every unemployed person in the country right now and gave them a job, you'd still have 5 million unfilled jobs tomorrow. And we expect worker shortages in a whole host of categories going forward for the next 10 years.

(07:02): So yes, you're gonna see ebbs and flow in terms of the economics and recessions and pay and demand, but the numbers game is not gonna change. We simply do not have enough people to do all the jobs that we've added to our eco our economy. So if you can be the upgrade, right? If you can be a destination workplace, you create an extraordinary competitive advantage for yourself, both in terms of attracting and retaining talent and the quality of the products and services your business delivers.

John Jantsch (07:30): So you mentioned a great phrase there, destination workplace. I'd love for you to kind of unpack like how does somebody turn their company into one of those? I mean, I think there's some obvious things, but there are probably some companies out there. The culture hasn't been that great, you know, and they're starting to realize sort of the price of that. You know, how do you turn that around?

Joe Mull (07:48): Well, we analyzed more than 200 research studies and articles on why people quit a job or take a new job or decide to stay with an employer. And we can say with conviction that you become a destination workplace if you win in three areas of the employee experience. In the book we call them ideal job, meaningful work, and great boss.

(08:09): Now, some of this sounds self-explanatory, right? Great boss is pretty clear. But there are a handful of things that we know bosses have to get right in order for someone to call them a great boss, like earning trust and coaching and being an advocate.

(08:22): But those other two factors of ideal job and meaningful work might be a little less clear. Ideal job is about what I get in exchange for what I do. That's about my compensation, my workload and flexibility. When those three things are right, that job fits into my life like a puzzle piece snapping into place and it becomes my ideal job. Meaningful work really comes down to purpose, strengths and belonging.

(08:46): Do I believe my work matters? Does it align with my unique talents and gifts? And am I doing it on a team where I feel celebrated and accepted for who I am and what I contribute? When you give someone their ideal job doing meaningful work for a great boss, they look around and they say, Hey, I like what I'm doing here, who I'm doing it with, let's go. And then their commitment level goes up.

John Jantsch (09:07): It's funny, I think the flexibility probably jumped on the list several notches because so many people had never experienced work from home and the flexibility that gave them, and all of a sudden it's like, I like this, you know? Yes. I check my five minute break and go get some laundry done instead of just like, you know, sitting around chatting with people. And I think that flexibility piece probably went way up the list, didn't it?

Joe Mull (09:29): It did it. Now the number one most requested workplace benefit in the world. But here's the interesting piece of this, John, is that flexibility, remote work is just one kind of flexibility. Flexibility is really about giving people some autonomy and some influence to decide when, where, or how they work.

(09:47): So if you're an employer who isn't able to offer a remote work option, like for example, flight attendant, not an ideal work from home job, but maybe you're giving people the opportunity to choose the length of their shift or the start time or their days of the week, or who they work with, or the locations where they work.

(10:05): We know that giving some of that influence back to people directly correlates with commitment.

John Jantsch (10:12): I could actually see somebody flying a plane from just like a little console, you know, on their desk at home. What do you think?

Joe Mull (10:18): Isn't it already a lot of autopilot? I'm not a pilot and I'm taking nothing away from the people who fly me around the country when I go to speak, but I know the computers are heavily involved.

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(11:51): So I kinda laughingly tell a lot of companies I work with from a marketing standpoint that you know, you have a brand, you know, they're like, oh, branding that's for a big company.

(11:59): It's like, no, you have a brand. It's just whether or not it's intentional. And you talk about the idea that every company has an internal scorecard, which is sort of their employer brand on the inside. So talk a little bit about that and how maybe somebody taps into that idea.

Joe Mull (12:13): Yeah. So every employee is measuring you against this internal psychological scorecard that they have that's made up of those factors of ideal job and meaningful work and great boss. And so if I'm coming to your company every single day and my compensation is below what I need it to be, if I'm struggling with an overwhelming workload, if I get no flexibility whatsoever.

(12:34): Then I'm not able to check those ideal job boxes. The same is true with meaningful work. If I experience exclusion, for example, if there's no opportunity for me to grow my career, if I'm not getting any support or coaching from my boss, these are the boxes on that internal psychological scorecard that I need to check in order to join, stay, care and try.

(12:57): And so this framework really becomes the diagnostic tool that employers can use to decide what we're already doing well, but where we may have some gaps in terms of becoming that destination workplace.

John Jantsch (13:08): And you actually have a physical scorecard, right? I've seen some of the resources that accompanied the book. And so you actually have a couple tools where somebody, I mean are you suggesting go around, hand it to everybody and say like, score us, or how do you use that tool?

Joe Mull (13:21): Yeah, no, it's a great question. And I do think it might be the sexiest Venn diagram ever published in a book, but I'm biased now. This is as a scorecard. It's used at both an individual and an organizational level. So you could easily turn the nine dimensions on that scorecard into an organization-wide survey where you ask your employees, please rate the degree to which you experience the following.

(13:42): And actually as in the toolkit that we give readers, we actually give that dimensions of employee assessment that they can download and use at across the organization. But at an individual level, you know, we tell leaders all the time, if you wanna know what employees want ask. But what we also know is that a lot of employees don't necessarily know what it is that they want, that they're not getting, they may not be able to articulate it or they may not be comfortable doing.

(14:07): So there's a power dynamic, or maybe I don't have a great relationship with my boss. This framework gives leaders at any level of the organization a vocabulary that they can use to probe and understand what the conditions are that lead people to thrive. And whether they're not or not, they're happening for people at the individual level.

John Jantsch (14:25): So the one phrase that I've heard you use that you know it's probably raising some eyebrows because it sounds aluminous, is the era of hiring the best person for the job is over. Please elaborate.

Joe Mull (14:38): Yeah. Well what we say is that what you must do now is create the best job for the person. So listen, if anybody listening to this knows somebody who has changed jobs in the past year or two, and if you think about why that person changed jobs, you'll get a host of answers. Some people will say, I need better pay.

(14:54): Some people will say, I wanted a better commute or more flexible work schedule, or more fulfilling work or a better boss. There are a whole host of reasons. When I do keynotes and workshops, it's one of the first questions I ask the audience, and I'll get two dozen answers. And when you listen to them, they all sound the same.

(15:10): Or excuse me, they all sound different, but they are the same. They all roll up to this idea of better quality of life. So when we talk about creating the best job for the person, we're really talking about standing out as the way that job fits into my life. It doesn't take over my life, it's a more humane employee experience that doesn't treat me like a commodity. It treats me like a fully formed human being who also has a life outside of work.

John Jantsch (15:38): So you started down a path that, I want to go a little deeper on this. This idea that instead of putting out, you know, here's the requirements, here's the education, here's the, you know, the job description that you're actually taking somebody and saying, here are your skills, here's what you want out of life, let's design the job around that.

(15:56): I mean, obviously I could hear some people going, you know, there'll be anarchy, you know, but, but I mean is that to some degree what you're suggesting?

Joe Mull (16:05): To some degree. So the nature, the idea of tweaking a position to fit someone's skills or strengths or desires isn't new. Gallup has done a ton of research on this for years. It's something called strengths-based leadership. It's also known as job crafting. When you hire somebody into a role and you say, we think you're gonna handle these kinds of things on this list, and then you figure out they're really good at some of them and less so at others, if you can tweak that role to allow them to play to their strengths more often, you actually get more commitment and higher quality work.

(16:36): And yeah, it does mean that you need to find other people to do those other things, but across the board, instead of trying to raise everybody's weaknesses to a level of mediocrity, you're starting at people's strengths and you're getting them to a level of quality that most people don't reach.

(16:51): You know, John, when we recently hired for someone and on my team and we posted the job description, yes, we put the job duties, yes, we put the salary and benefits information, but we also talked a lot about our commitment to quality of life. That this was a job. We wanted to be a compliment to people's life, not to take over and be a burden to someone's life. We talked about how we wanted to be a place that people would come to and enjoy being a part of our culture, of ordering Mexican takeout for staff meetings and not being afraid to sing show tunes around the office. And when we put those things front and center in our job description, it gave potential candidates of flavor, not just of what they'd be doing, but what the work would be like day in and day out.

(17:31): And we ended up getting a whole host of applications for that position that ended up being more than we would've got if we would've just stuck to a traditional job description.

John Jantsch (17:39): No, no question. And I think, you know, I think not everybody, but you can see you go to Monster, you know, one of the job boards, you can see there are companies that are waking up to this idea. You can see there's definitely a lot of old school

(17:57): And I, you know, I do think that, you know, the world is probably catching up with that a little bit. You may say it doesn't really fit, but I want to ask this because it's on a lot of people's minds, it's somewhat of a trend, you know, where does diversity, equity and, and inclusion, you know, initiatives fit into this idea?

Joe Mull (18:13): No, it's a perfect question cuz it's directly in the model that we wrote about in the book. So we talked about one of those three factors being meaningful work. Well, one of the dimensions of meaningful work is belonging. And belonging starts with connection and camaraderie, right? Developing relationships with people beyond just the tasks and duties of my job. We know that matters. We know that people will forego taking a new job just because they like the people that they work with and they don't wanna leave that team. That shows up in the data consistently when you look at retention and turnover.

(18:43): But nowadays what we're seeing is that when people don't experience belonging, which is beyond just connection and camaraderie, it's being an accelerated, uh, accepted member of a team for who you are and what you contribute. It actually drives people out the door to the point.

(19:00): Now, John, where last year when McKinsey put a report out about why so many people changed jobs after the pandemic, the number three biggest reason given for leaving a job was a lack of belonging. We know that the folks who practice DEI work in organizations across the country have actually added the letter B to the acronym.

(19:18): So when organizations decide that we're gonna make a commitment to an inclusive workplace, it means we need to start and spark some conversations here about the naturally occurring differences between people and how we can make our workplaces acceptable and and inviting for folks from all walks of life.

John Jantsch (19:34): It's, it is funny, I think I read somewhere when they were talking about retention. They were saying one of the like key kind of practical like measurable ingredients was does, you know, does the employee have a best friend at work?

(19:45): And that, that was like a real, I mean, if they didn't, you know, they didn't ever really connect with anybody at work, they were probably gonna leave. I was pretty interested.

Joe Mull (19:53): That's absolutely right. And a lot of that research is really focused, not even non, you know, best friend at work is different than best friend at home, right? Sure. But best friend at work means is there somebody that I can vent to who understands what I go through, but also who knows my story outside of work and knows who I am as a person.

John Jantsch (20:09): Yeah, yeah, absolutely. All right, so let's hit another trendy topic. Where's AI going to fit in this? I know a lot of employers look at this and go, oh great, we can get a lot more done with fewer people. And then there's certainly a lot of hand ringing in the media about, you know, your job AI is coming for your job.

(20:26): I'd love to hear, you know, again, if we're gonna talk about being the destination workplace, you know, where does that fit into the destination workplace?

Joe Mull (20:33): I actually don't think AI is gonna have a dramatic impact on what activates people at work, what leads them to commit to doing a great job. The emotional and psychological buttons and levers, if you will, that lead people to wanna be a part of an organization and do great work for an organization.

(20:51): It's certainly going to create a whole host of jobs and industries that we haven't even thought of yet. It's absolutely going to influence a whole host of industries and jobs that we've long expected to be there forever. A lot of the questions that I'm getting around AI right now in terms of employees and bosses are focused on the ethics of it, right? Right. So is, so how should I feel if one of my direct reports is using AI to get some of their work done?

(21:16): Is that ethical? And, you know, my whole thing comes back to are they passing it off as a skill that they possess? Because if that's the case, then there's an ethical question there. Yeah. But if they're saying, I can be more productive, I can improve the quality of the work that I'm doing by using this new tool, then I say, let 'em have it and let them have it soon because they're gonna tinker with it and learn about it and share it with others in your organization. And you're gonna be ahead of the game around a technology that's constantly changing.

(21:44): But at the end of the day, John, most people believe they, most people do a great job when they believe they have a great job. And I don't think AI's gonna change that.

John Jantsch (21:52): You know, I'm seeing a couple things. First off, I'm seeing people seeing it as, you know, again on all those like surveys that people take, do I have the tools I need to do my job?

(22:00): And I think some people are saying, this is a great resource

Joe Mull (22:37): And you've just described email when it arrived, right? You know, it is a tool. It enhances, it improves, it can make us more efficient and more productive. And you know, there was a lot of fear back then too. Same thing was true about electricity, right? Electricity is coming into our houses and it's gonna kill us all. But the car, you know, it's just a Yeah.

John Jantsch (22:53): The telephone, right?

Joe Mull (22:54): That's right.

John Jantsch (22:57): Absolutely. So Joe, I appreciate you taking a few minutes to stop by the Duct Tape Marketing Podcast and talk about employalty. Tell us where people can connect with you and obviously pick up a copy of the book.

Joe Mull (23:09): Yeah, thank you for that, John. The book is available anywhere you like to buy your books. Employalty is just E M P loyalty. Or you can search my name, Joe Mull, m u l l. Shout out to independent bookstores everywhere. If you wanna support your local independent bookstore, you can go to indiebound.org and source the book from there. And me personally, I'm over @joemull.com.

John Jantsch (23:31): Awesome. Well, again, thanks so much for taking a few minutes out of your day to stop by the show, and hopefully we'll run into you one of these days out there on the road.

Joe Mull (23:39): Thanks, John. Great to be with you.

John Jantsch (23:40): Hey, and one final thing before you go. You know how I talk about marketing strategy before tactics? Well, sometimes it can be hard to understand where you stand in that, what needs to be done with regard to creating a marketing strategy. So we created a free tool for you. It's called the Marketing Strategy Assessment. You can find it @marketingassessment.co, not.com, dot co. Check out our free marketing assessment and learn where you are with your strategy today. That's just marketing assessment.co. I'd love to chat with you about the results that you get.

This episode of the Duct Tape Marketing Podcast is brought to you by the HubSpot Podcast Network.

HubSpot Podcast Network is the audio destination for business professionals who seek the best education and inspiration on how to grow a business.

 



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B2B Marketers on the Move: Summer 2023 Marking Industry Talent & Trust

As the summer solstice nears, so to do new opportunities. As B2B marketers adjust to the changes that 2023 has brought, the industry continues to offer growth opportunities as well as unexpected shifts that often seem to happen so swiftly that they can be difficult to fully appreciate.

For more than 22 years, TopRank Marketing has had the honor of helping a diverse selection of the world’s leading B2B marketers and major global brands elevate and go beyond merely being competitive, to truly standing out from the crowd with creative and award-winning successes.

Throughout 2023 we’ve intensified our focus on elevating through intelligence, relevance, and the kinds of human touches that allow efforts to stand out from the increasing reach of those touched soley by artificial intelligence (AI) than by human hands. In this spirit, over the past several years we have regularly made a point of taking the time to honor and congratulate B2B marketing leaders who have recently seen career advancement.

When B2B marketers take on new leadership roles, it’s a natural time to seek out trusted resources that will help professionals in new positions hit the ground running, and TopRank Marketing is honored to be a go-to B2B content and influencer marketing agency for so many top marketers in new leadership roles. In 2023 we also continue to seek out B2B technology industry influencers advancing in their careers to partner with on compelling and unique content collaborations.

We extend our heartfelt soon-to-be summertime congratulations to each of the B2B marketing leaders featured in this tenth edition of B2B Marketers on the Move, and extend our thanks for sharing their insightful B2B marketing career advice.

B2B Marketers on the Move: Elevating Summertime B2B Marketing Leaders

Jennifer Griffin SmithJennifer Griffin Smith has taken a new position as Chief Market Officer at Acquia.

It’s a buyer’s world. Whether you’re in B2C or B2B, today’s customers have many choices. So you need to constantly ask yourself: Why should they choose to work with us? What do we have to offer that will truly make a difference to their business, their customers, and their lives?”

Jennifer Griffin Smith

Jennifer has been featured on the TopRank Marketing blog a number of times over the years, including “Jennifer Griffin Smith: Why Every Company Should Act Like a Media Company,” and “10 Years of Women Who Rock in Marketing.”
Brian SolisBrian Solis has taken a new position as Head of Global Innovation at ServiceNow.

There’s a saying that can’t help but think of in these times, ‘life isn’t happening to you, it’s happening for you.’ The gap between where we are and where we can be is only separated by what we unlearn, learn, and do differently moving forward.”

Brian Solis

Brian was featured in our “Inside B2B Influence: Brian Solis on the Future of Influence in B2B Marketing,” and in our comprehensive 59-page 2022 B2B Influencer Marketing Report.
Meisha BochicchioMeisha Bochicchio has taken a new position as Digital Content Marketing Program Manager at VMware.

What do you want to be known for? Pick a small subset of specific topics and focus a majority of your time and effort on those areas. The classic 80/20 split works well here.”

Meisha Bochicchio

Justin LevyJustin Levy has been promoted to Sr. Director, Influencer Marketing & Head of Community at Demandbase.

Do you know what the single most important job of a community manager is? Providing value to the communities that they are responsible for. Full stop.”

Justin Levy

Justin has been featured in our “Inside B2B Influence: Justin Levy of Demandbase on Optimizing B2B Marketing with Influence,” and “20+ Reasons B2B Brands Are Increasingly Moving To Influencer Marketing.”
Caroline ForseyCaroline Forsey has taken a new position as Principal Marketing Manager at HubSpot.

Learning how to mold AI into the type of tool that fits our existing priorities and quality metrics will be key to retaining the audiences we’ve worked so hard to build. At its core, we know AI can’t replace the humanity behind marketing. So we won’t try to.”

Caroline Forsey

Caroline was featured in our “How B2B Influencer Marketing Offers Brands an Ideal Alternative to In-Person Events.”
Ryan ArnholtRyan Arnholt has taken a new position as Director of Business Development at TopRank Marketing.

The idea of elevating B2B marketing is about creating relationships, and understanding what you can do in marketing, business development, and sales, to create deep, meaningful connections.”

Ryan Arnholt

Ryan recent sat down with our director of agency marketing Katelyn Drake to share his B2B marketing insight, in “Marketers on the Move: Meet TopRank Marketing’s New Director of Business Development,” and has contributed to our blog as an author, in “B2B Ignite USA 2023 Wrap-Up: The Importance of Being Human.”
Jacqui MurphyJacqui Murphy has taken a new position as Chief Market Officer at Fellow.app.

Jacqui has been featured on our blog over the years, including in “50 Influential Women in B2B Marketing Who Rocked in 2020.”

Dennis GoedegebuureDennis Goedegebuure has taken a new position as VP Brand & Creative Marketing at Bitdefender.

Sometimes it’s hard to help, and if an opportunity to help is presented, you dive right in.”

Dennis Goedegebuure

Dennis has been featured in our “14 Search Marketing Influencers at Top B2B & B2C Brands.”
Lidia SantosLidia Santos has been taken a new position as Global Brand Management Director, Oral Care at SUNSTAR GLOBAL.

Do you want to train your brain to concentrate better and be more effective? Practicing meditation makes us happier and more creative, and helps us cope better with stressful moments.”

Casey May
Casey May has taken a new position as Director, Global Campaign and Content Marketing Strategy at Xerox.

Kristine WebbKristine Webb has taken a new position as Senior Manager, NAMER Field Marketing & Events at LinkedIn*.

Accessibility is an integral part of diversity, equity and inclusion and a human right.”

Kristine Webb

Adrian FulleAdrian Fulle has taken a new position as Global Chief Marketing Officer at ByoPlanet®.

If marketing were solely about manipulating people into making purchases, none of us would truly be passionate about this field.”

Adrian Fulle

Tom KendallTom Kendall has taken a new position as Global Field Activation Programs Manager at IBM.

You really cannot overestimate the importance of customer experience; it will require a mind-set change for many businesses.”

Tom Kendall

Klaudia TiricoKlaudia Tirico has taken a new position as Content Director, B2B Marketing Exchange at Demand Gen Report.

It’s super rewarding to work for a company and with people who fight for you to help get what you deserve. I’ve been so lucky to have bosses who always had my back. I’m forever grateful and strive to be that person to my team. But no matter what position you take on, always remember that the life you live outside of work is more rewarding than your career. So, take that PTO and step away from the computer screen on your break… enjoy the little things, buy yourself flowers and even take on a side hustle… and be unapologetic about it! In fact, be unapologetic about everything you’re passionate about — in and outside of work — even if it ticks some people off.”

Klaudia Tirico

Kelly FarrellKelly Farrell has taken a new position as Product Marketing Manager at Intercom.

Your greatest accomplishment in life is not your work but rather, showing up and being fully present for people when they need you.”

Kelly Farrell

Ben HarmanusBen Harmanus has been promoted to Principal Editorial Lead, New Media at HubSpot.

At the end of the day, it’s all about the customer experience.”

Ben Harmanus

Ben was featured earlier this year in our “B2B Marketers on the Move: Spotlighting New Leadership & Talent To Kick Off 2023.”
Ashley Amber SavaAshley Amber Sava has taken a new position as Director of Content Strategy at Alight Solutions.

Writers and content creators — if you want to produce something new, consider utilizing original research and actually interviewing SMEs, clients, prospects and internal experts.”

Ashley Amber Sava

Marc MeyerMarc Meyer has taken a new position as Senior Global Social Media Lead at Revvity.

Content isn’t just king in the world of social media – metaphorically speaking, it’s a dictator. From determining what people see to influencing how they feel and motivating action, content has the power to exercise absolute authority over your audience. As a content creator, it’s important to recognize the power of your content and use it wisely to build a loyal and engaged following on social media.”

Marc Meyer

Alice BedwellAlice Bedwell has taken a new position as Content Marketing Manager at Ometria.

It’s more than email engagement and soft metrics. It’s about understanding customers and where they are in their purchase journey to ensure you and your team are supporting their needs in the most proactive way.”

Alice Bedwell

Alice has been featured in our “B2B Marketers on the Move: Celebrating May B2B Industry Movers & New Opportunities.”
Julia KaplanJulia Kaplan has taken a new position as Senior Director, Head of Brand & Content Marketing at Howl.

It’s the people, the mission, the product and the potential to create a brighter future that are the magic.”

Julia Kaplan

Gary GerberGary Gerber has taken a new position as Head of Product Marketing at PayNearMe.

It’s about building a relationship that’s built on trust, not on hype.”

Gary Gerber

Gary has been featured in our “Break Free B2B Marketing: Gary Gerber on Scaling ABM without Losing Focus,” and “28 B2B Marketing Insights To Energize & Humanize Your 2021.”

Amber KroselAmber Krosel has been promoted to Senior Program Manager, Content Marketing at Indeed.com.

Volunteering is a great way to meet new friends as well as strengthen existing connections with friends, family or coworkers. As a volunteer, you’ll typically interact with people from diverse backgrounds, which allows you to learn other perspectives.”

Amber Krosel

Ben HibshmanBen Hibshman has taken a new position as Senior Director of Marketing at ZenBusiness.

Christine NurnbergerChristine Nurnberger has taken a new position as Chief Marketing Officer at OutSystems.

Think of your organization as a three-legged stool representing sales, marketing and operations. When one of the legs of the stool is not working right, you have a problem. If you have the best sales team in the world but the marketing team doesn’t identify a buyer and understand their needs, you will fail.”

Christine Nurnberger

Christine has been featured in our “B2B Marketers on the Move: An Autumn Celebration of B2B Industry Marketing Leaders.”
Alexander HoffmannAlexander Hoffmann has been promoted to Senior Industry Manager & Data Strategy Lead at Google.

Sean CrowleySean Crowley has taken a new position as Vice President, Product Marketing at BigTime Software, Inc.

At the end of the day, its the PEOPLE at the company your targeting that ultimately make the decision to buy your products. Sure, there are economic, strategic, operational and tactical criteria your product has to fulfill, but you’ve got to build personalized experiences that reach and engage the right people to even have a chance of winning their business.”

Sean Crowley

Sean has been featured several times on the TopRank Marketing blog over the years, including a full video interview in our “Break Free B2B Marketing: Sean Crowley on Cracking the Alignment Code.”
Amy HigginsAmy Higgins has taken a new position as Director, Content Strategy at Lyra Health.

You should look at your content marketing like a locomotive where you’re going in one direction, but there are many parts that you need to consider to stay on track. The focus should be quality over quantity.”

Amy Higgins

Amy is a TopRank Marketing alumni, and has been featured in our “Top 25 B2B Content Marketing Influencers and Experts To Follow #CMWorld 2022,” and “Top B2B Marketers Share their Content Marketing Predictions for 2021.”
Brian McDowellBrian McDowell has taken a new position as Director of Audience Management at Yahoo.

In the 2020s we have AI and a whole new world of platform efficiencies for collecting and sharing information. We are at a turning point where you either learn to master and leverage these technologies, or get left behind.”

Brian McDowell

Brian has been featured in our “Prepping for #Pubcon Pro Las Vegas: 11 Presentations We’re Looking Forward to Most.”

Thanks To Each of These Inspiring Leaders For Helping Elevate B2B Marketing In 2023

We offer many thanks to each of the talented B2B marketing professionals we’ve featured here, who have all recently been promoted or taken on new industry positions. We’re certain that all of you will elevate with intelligence, relevance and a human touch, and reach new heights in 2023 and beyond.

You can find our previous edition of B2B Marketers on the Move here, and if you want to talk about how to make your own content spring to life this year, we’re ready to help.

You can also learn more about the future of B2B marketing from our CEO Lee Odden, who will be presenting a keynote address during B2B Summit 2023 in Paris, France on June 6, 2023, exploring “Keynote : Human vs. Machine: B2B Content Marketing for the Future.”

BtoB Summit Paris 2023 Lee Odden keynote image

*LinkedIn is a TopRank Marketing client.

Ready to elevate your B2B brand? Connect with our team to learn more today!

The post B2B Marketers on the Move: Summer 2023 Marking Industry Talent & Trust appeared first on B2B Marketing Blog - TopRank®.



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Wednesday, 14 June 2023

The 5 Key Skills That Successful Managers Possess

The 5 Key Skills That Successful Managers Possess written by John Jantsch read more at Duct Tape Marketing

Marketing Podcast with Dave Dodson

Dave Dodson, a guest on the Duct Tape Marketing PodcastIn this episode of the Duct Tape Marketing Podcast, I interview Dave Dodson. He is on the faculty of Stanford University’s Graduate School of Business, where he guides students in tactical execution. He was a McKinsey & Company consultant and left to become a serial entrepreneur, where he operated six companies as CEO or Executive Chairman. 

Dave is also the co-founder of Sanku, a company that developed the only successful technology to fortify grains with lifesaving micronutrients in rural African mills. Sanku was listed by Fast Company as one of the “Most Innovative Companies.” and named by Time Magazine’s 100 Best Inventions.

His newest book The Manager’s Handbook: Five Simple Steps to Build a Team, Stay Focused, Make Better Decisions, and Crush Your Competition; will help managers, executives, and other business leaders interested in dramatically improving their ability to lead people and inspire loyalty.

Key Takeaway:

Have you ever wondered why some people are better at getting things done than others? Dave identifies 5 skills that these individuals have mastered in order to become successful managers: team building, setting and adhering to priorities, seeking and taking advice, being a good custodian of your time, and being fanatical about quality. These skills combined with one another can be learned and practiced by anyone, regardless of their inherent attributes or personality traits. Dave emphasizes that this is a how-to manual rather than just theoretical concepts. Each chapter focuses on actionable steps where the goal is to make readers acquire and apply these skills effectively in their professional lives to become better leaders.

Questions I ask Dave Dodson:

  • [02:08] How do you define the term manager?
  • [03:27] How’d you come up with five steps that you lean on as being the critical elements?
  • [05:11] Can you mention the five skills in the compact organization?
  • [06:28] What do you feel like you’re adding new to the genre of leadership books?
  • [08:19] Can you explain this idea of hiring for outcomes and how that’s different than hiring for resume experience?
  • [09:47] Please develop the idea of curing the digital disaster.
  • [12:36] Where does a board or a mentor fit into a company’s structure or an individual’s structure?
  • [14:05] You introduce the operating plan, can you please explain that?
  • [17:51] So the fifth step is quality, how do you make quality a part of culture in organizations?
  • [19:10] How would you recommend that people make the ideas in this book stick?

More About Dave Dodson:

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Like this show? Click on over and give us a review on iTunes, please!

John Jantsch (00:00): Hey, did you know that HubSpot's annual inbound conference is coming up? That's right. It'll be in Boston from September 5th through the eighth. Every year inbound brings together leaders across business, sales, marketing, customer success, operations, and more. You'll be able to discover all the latest must know trends and tactics that you can actually put into place to scale your business in a sustainable way. You can learn from industry experts and be inspired by incredible spotlight talent. This year. The likes of Reese Witherspoon, Derek Jeter, guy Raz are all going to make appearances. Visit inbound.com and get your ticket today. You won't be sorry. This programming is guaranteed to inspire and recharge. That's right. Go to inbound.com to get your ticket today.

(01:03): Hello and welcome to another episode of the Duct Tape Marketing Podcast. This is John Jantsch. My guest today is Dave Dodson. Dave's on the faculty of Stanford University's Graduate School of Business where he guides students in tactical execution. He was a McKinsey and Company consultant and he left to become a serial entrepreneur where he operated six companies as CEO or Executive Chairman. He's a co-founder of Sanku, a company that developed the only successful technology to fortify grains with lifesaving micronutrients in rural African mills. Sanku was listed by Fast Company as one of the most innovative companies, and named by Time magazine's 100 best inventions. We're gonna talk about his book called The Manager's Handbook: Five Simple Steps to Build a Team, Stay Focused, Make Better Decisions, and Crush Your Competition. Boy, a lot of promise in that

Dave Dodson (02:01): Good to be here.

John Jantsch (02:02): So this may seem like a really dumb question, but I think it's actually going to be helpful to hear how you actually define the term manager.

Dave Dodson (02:12): Yeah. You know, John, I struggled quite a bit with whether I should be saying entrepreneur or manager or leader and manager seems sort of vanilla, right? Yeah. But that's what most of us do every day. We're managing and one of the things I wanted to do with the manager's handbook is to take it from sort of some lofty concept down to what do you do every day Monday morning so you can get stuff done?

John Jantsch (02:33): Yeah. Cuz you're right. I mean, entrepreneurs, business owners, you know, they, they may not have manager in their title, but they wear the manager hat every day. Right.

Dave Dodson (02:42): 100%. And the biggest leap that somebody makes is not becoming a manager per se, where you've got two or three people reporting to you, but it's when you become a manager of managers because then you can't cheat anymore. You can't sort of stay up late or redo someone's work. You have to manage through the organization. And one of the magical things about it, if you learn the skills on how to manage managers, is that's completely scalable. All the way up to running the biggest companies in the world. Yeah.

John Jantsch (03:10): So, so with your McKinsey and Company credentials, you know, you had to have a framework here, right? Five simple steps, uh, to build a team. So kind of in obviously a great deal is drawn from your own experience managing companies and teams. How'd you come up with five steps that, that you lean on as being really the critical elements?

Dave Dodson (03:33): Well, first of all, I am the least likely entrepreneur. I grew up in rural Colorado. The closest town was about 300 population of 300, and we were kind of divided between farmers and ranchers. And I was on the farmer's side cuz my dad made farm equipment. My, my stepdad built houses and my two grandfathers, one ran an auto dealer and the other ran a coal mine of all things. And what links all four of these people together is all of their businesses failed. Huh. And so I should have just gone out and been a McKinsey consultant, but I didn't want to do that for whatever reason. In spite of that background, I decided to wa wanted to be an entrepreneur, and things were going well. And then the first time I really stubbed my toe hard and I was like, holy smokes, everything I do doesn't work out.

(04:22): That's when I started to look around and say, how come some people are just better at getting stuff done than other people? And that led to this three, three year search really to try to understand what is the difference. And what I quickly realized is the difference is not that people have certain attributes, they're born a certain way, they're charismatic, introvert, extrovert, but that they've mastered five skills. And I wasn't looking John for a framework when I wrote that the manager's handbook. I was just out of curiosity, and it just ended up being five skill areas that was universal. I don't care who you were, you, Oprah Winfrey, you know, Rupert Murdoch, everybody mastered these five skills. It's very interesting.

John Jantsch (04:59): And when we're gonna call them skills, I mean, there is a o obviously there's an implication that that can be learned, that can be practiced

Dave Dodson (05:25): Yeah. So for example, the first one was the ability to build a team, right? The second one was an ability to set and then adhere to priorities. One was to be able to take advice from others, be able to seek and take advice. Another was to be a good custodian of your time. And then the last one was to be fanatical about quality. So those were the five. And I, again, I didn't start out looking for five, but I ended up with those five. But then I had this predicament, John, because I didn't wanna create a PowerPoint presentation or have a academic paper now that I teach at Stanford. I wanted something that people use. And so the trick was then how do you convert this insight that I had into a practical way that people could easily acquire these skills? Yeah. And that, that was my biggest challenge, honestly. Yeah.

John Jantsch (06:09): All right. So let's dive into the first one. Team building, you know, frankly, every leadership book, every book on running a company, and it has at least a chapter

Dave Dodson (06:35): Oh my gosh. You know, I teach at the Sanford Business School, right? And every class says, you gotta build a team. You gotta, but nobody says how to do it. Right? The inside here is that act. Actually, interestingly enough, John, it was, I was watching somebody play the piano, and I was thinking about how do you learn to play the piano? And I realized, well, first you learn how to get, position your fingers over the keyboard, 88 keys. Then you learn the difference between a sharp and a flat. Then you learn what the pedals do. And I realized that you learn to play the piano because you learn a set of sub skills, you combine 'em together and you can play the piano. And I realized the same thing was true with these five skills. So in, in, to use your example about building a team, then I looked at, okay, of the people who were great at building a team, this is not about how I did things.

(07:20): I studied the best, the very best leaders for the manager's handbook. What were the characteristics or what were the, the sub-skills that they had mm-hmm.

John Jantsch (07:59): So hiring for outcomes has become a, a pretty hot topic, I think mainly because, you know, the whole quiet quitting or whatever the silly terms of, of the day are about those, that, that, I think it's changing how people think about who they hire and who they, you know, what, who needs to be doing what roles and how to keep them happy

Dave Dodson (08:26): Yeah. So I completely turned the whole notion of hiring on its head. And you start with building a scorecard, which is what is, what do you want this person to do? Not what they did, not what their credentials are, but what you want them to do. And then you hire against it. So I remember when I first started hiring, I looked at clever interview questions. So this question that I used to ask everybody is, when you close the refrigerator door, how do you know the light goes out?

(09:08): I don't care what school they went to. I don't care how old they are, I don't care what they do before. Can they drive sales by 15%, sales by 15%? And then you ask the question, well, how will I know? What are the things that I can do to determine that? And that's what you interview against. And it's a completely different way to interview. And by the way, though, in terms of insights of the book, I do this all in about 15, 20 pages. You don't need to read seven books on hiring to learn how to be good at hiring.

John Jantsch (09:32): But you could

Dave Dodson (09:50): Oh my gosh,

John Jantsch (10:00): A

Dave Dodson (10:00): Year. Wow. Today it's 30,000. 30,000 and growing John. Yeah. And all these productivity tools are just making us less productive. So we all know it's a mess out there. We all know that we read unproductive email. In fact, 50%, it's reported 50% of the email that we read, we don't think we needed to read. So we all know we have a problem. But the problem, but the issue is we wake up every morning, we do the same thing over and over again. So I didn't wanna just sort of present a problem that everybody knows, and I didn't wanna ask people to radically change how they think and how they behave and where their habits are and where their weaknesses are. So I said, you know what? I'm gonna give you seven tips. You do these seven tips and you'll save 40 minutes a day. That's it. And so that's kind of throughout the book. That's what I do, is I say, look, I'm not gonna try to change your life. I'm gonna give you seven things to do tomorrow morning that will solve this problem.

John Jantsch (10:53): Yeah, I actually just hired somebody to delete email for me. That was the solution to that one.

Dave Dodson (10:58): Well, John, I'm glad you answered my emails, at least.

John Jantsch (11:01):

(11:39): Hey, marketing agency owners, you know, I can teach you the keys to doubling your business in just 90 days, or your money back. Sound interesting. All you have to do is license our three step process that gonna allow you to make your competitors irrelevant, charge a premium for your services and scale perhaps without adding overhead. And here's the best part. You can license this entire system for your agency by simply participating in an upcoming agency certification intensive look, why create the wheel? Use a set of tools that took us over 20 years to create. And you can have 'em today, check it out at dtm.world/certification. That's dtm.world/certification.

(12:27): So, so the next category is advisors. So, you know, especially since we're addressing the manager's handbook, you know, where does a board or a mentor, you know, fit into a company's structure or an individual's structure?

Dave Dodson (12:43): Yeah, you don't have to be the CEO and you don't have to have a board of directors to be really good at seeking and taking advice. And, you know, as a, as an effective manager, you wanna do two things. You wanna be able to make decisions on a timely basis, and you also wanna make right decisions. And most of the problems that day-to-day managers face are not new. Someone has already faced those problems. So the idea is to go out and create a group of advisors that you can use, either formal or informally, and then know how to use them. So what I do is, first of all, I say, here's the criteria that you look for finding an advisor. You don't let it be, don't let 'em ha happen randomly or organically. Go find those people. And then how do you use 'em?

(13:23): So, so John, I get called all the time from my former students, and I'm an investor in about a hundred companies, CEOs who call me, and usually most of the time is utterly wasted. I'll have a, I'll have a 30 minute call with someone and they'll take 27 minutes to describe the problem. So what I do is I say, here is a simple four-step process on how to have a really effective 15 minute call with an advisor where they hang up the phone and they feel like, wow, I really added value. I hope this person calls me back again. And instead of you telling stories about your problem, you hung up the phone and you thought, okay, I got my problem solved. Now I can go work on something else. Yeah,

John Jantsch (14:01): Yeah. All right. Priorities. Y you know, the thing that jumped out to me in that section is I think everybody's accepted whether they use it or not, that they need a business plan or a marketing plan. Those are kind of accepted things you introduced to something that I personally haven't heard said this way makes total sense. But I'd wonder if you could unpack the operating plan.

Dave Dodson (14:21): Yeah, so the kind of, one of the many things that I turn on its head in the Man manager's handbook is don't this whole thing about an annual budget, forget about it. That's just a crystal ball guess on what your sales are gonna be or whatever it is. What you need is an operating plan and an operating plan. You go through a process and I walk people through the process that you go through to figure out what are the two or three things that you need to work on over the following year in order to move the company forward. And one of the things that was screamed out, whether I was looking at Warren Buffett or Steve Jobs or any of the other managers, that we all look back and we say, wow, I wanna be like them. They were brutal about setting and adhering to priorities.

(15:04): And in fact, Steve Jobs has his famous quote, he was at the Apple Worldwide Conference, and he says, he said, you have to say, you have to learn to say no. And when you say that, it pisses people off, but it's the only way you can get things done. And I'm quite close to one of his former board members, Andrea Jung, and I've talked to her about Steve Job and is the myth about him being so relentless about setting priorities and having an operating plan? True. And she said, I've never met anybody who was more brutal with priorities than Steve Jobs in, in fact, Joni Ives, who I I who was his design developer, sorry, he was the chief designer for Apple. And he said that Steve Jobs would come to him almost on a daily basis and said, what have you said no to today?

John Jantsch (15:49): Yeah. And that's, you know, obviously we're talking about Apple, but I mean, down to the three person, you know, entrepreneurial, you know, venture, you're gonna get 27 emails today,

Dave Dodson (16:16): Oh, it is. And the, yeah, two insights for me is one, setting an adhering to priorities is not about not doing the things you shouldn't do. That's easy. It's supposed to, that's table stakes,

John Jantsch (17:12): Well, not to mention that it takes your eye off the ball of what they're actually got some momentum on

Dave Dodson (17:55): So nothing about the manager's handbook is about slogans or attributes or anything. It is a how to manual. So, so for example, there's a chapter on how do you find out from a practical way, how do you find out what your, how your customers view quality, literally down to what are the types of questions you should ask your customers and what types of question, what types of customers you should ask. So, so there's a chapter on how do you define quality. So it's not just a slogan, you know, let's go out there and be good to our customers. You gotta find out what matters to them. Then there's a chapter on how do you, how do you measure quality? And there's a lot of ways you measure quality that are all historical. They're, they're trailing indicators like NPS would that, well, that by the time you get a bad NPS score, John, you're already, your customers are already disappointed. So the book says, how do you find out what the leading indicators are and how your customers are feeling so they, so you create happy customers, not how you identify whether what you did worked or not. So every chapter is a how-to,

John Jantsch (18:58): So we've all read books, even books that, as you said are, you know, very, very practical, how would you know? But then we have our job, right? We read the book,

Dave Dodson (19:17): Well, I tried to write it as much as a Paint by numbers book as possible. And I had this kind of post-it note that said, write the book you wish someone handed you, you know, and then I didn't have to write it out, but when I first became a manager, so that was my watchword throughout the whole thing. Then I said, okay, how do you structure the book in a way that makes it a how to manual? So one of the big insights of the book, or one of the structures of the book is at the end of every chapter, there's a single page that just says, here are seven things, or here are 10 things. There's no gimmick. E if there's only seven, I only put seven down there

(20:02): And then the, so, so, so it's written in a way that you read it once and then you've got basically, you know, 22 little quick references. And then the last part is that, and this is the hard part, I'd written the whole book and I was sitting down with a mentor of mine, a guy who's given me a lot of guidance of Michael Porter, who's sort of the Michael Jordan of MBA professors written 19 books. And he was helping me with the book. He had read the book and he said, you know, the problem with your book is you created a checklist and people are gonna just pick the pieces that they want off of here, and they're only gonna pick the easy ones. And he said, what you actually created here was a unifying theory of execution. And he showed me that, you know, you can't, to go into things that John, you and I talked about today, you can't put together a good operating plan unless you have a good team and you can't have a good team or, and you can't execute that if you're not providing good quality, etcetera, etcetera.

(20:58): Mm-hmm.

John Jantsch (21:26): Well, Dave, we, I appreciate you taking a moment to stop by the Duct Tape Marketing Podcast. You want to invite people to, to where they might find your book, uh, obviously also where they might connect with you.

Dave Dodson (21:37): Yeah, so the two really easy places go on barnesandnoble.com and pre-order or Amazon pre-order. Those are, you know, the two kind of classic places to order the manager's handbook by myself, David Dodson. And easy way to reach me is through my, uh, just go on the Stanford University website.

John Jantsch (21:55): Awesome. And the book will be out, depending upon when you're listening to this show. The book will be out in mid July of 2023. So you can either pre-order or order when it's available at all your fine book sellers. So Dave, again, thanks so much for stopping by the Duct Tape Marketing Podcast and hopefully we'll run into you one of these days out there on the road. Hey, and one final thing before you go. You know how I talk about marketing strategy, strategy before tactics? Well, sometimes it can be hard to understand where you stand in that, what needs to be done with regard to creating a marketing strategy. So we created a free tool for you. It's called the Marketing Strategy Assessment. You can find it @marketingassessment.co not.com. Co. check out our free marketing assessment and learn where you are with your strategy today. That's just marketing assessment.co. I'd love to chat with you about the results that you get.

This episode of the Duct Tape Marketing Podcast is brought to you by the HubSpot Podcast Network.

HubSpot Podcast Network is the audio destination for business professionals who seek the best education and inspiration on how to grow a business.

 



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Top 10 Take-Aways From Forresters B2B Summit North America

What can B2B marketers learn from the top presentations that were on tap during Forrester’s recent B2B Summit North America 2023 event?

Forrester’s B2B Summit North America conference — which took place in Austin, Texas as well as online — explored how B2B sales, marketing and product leaders can defy uncertainty with consistent and scalable B2B growth, and featured an array of top industry speakers.

Let’s take a peek at some of the key B2B marketing takeaways from this compelling event, in the form of social messages surrounding the event that have particularly resonated with B2B marketers.

B2B Summit North America
Forrester’s B2B Summit North America

1 — Augmented Reality Without A Headset

2 — Celebrating Women Leaders In B2B Marketing

3 — Business Buyers & Customer-Obsessed Growth Engines

4 — Galactic Growth Genius & Luna

5 — The Four-Plus Dimensions Of Value

6 — Learning From Early Adopters

We’ve featured insight from several B2B marketing industry speakers from Forrester here on the TopRank Marketing blog over the years, including our CEO Lee Odden’s “Forrester: Most Thought Leadership Isn’t Thoughtful or Leading: We Need to Fix That!,” featuring Lisa Gately, principal analyst at Forrester.

Gately presented during B2B Summit North America 2023, and pointed out how early adopters pushing the boundaries of AI have lessons to help B2B marketers improve their efforts.

7 — B2B Magic From The Blending Of Art & Science

8 — Race To Win & Be Bold

9 — AI Summarization & A Shift In Where B2B Buyers Search For Data

10 — That’s A Wrap

Forrester also summed up its B2B Summit North America 2023 event in a series of tweets.

Elevate B2B Marketing With Event Insights

Through its series of events, Forrester and the top speakers it has gathered together have helped raise the bar in B2B marketing.

TopRank Marketing was the first and only B2B marketing agency offering influencer marketing as a top capability in Forrester’s “B2B Marketing Agencies, North America, Q1 2019” report, and since then B2B brands have increasingly embraced the power of influence in B2B.

We hope that the insight we’ve shared here from speakers and attendees at the B2B Summit North America 2023 event will help you in your own efforts to elevate B2B marketing throughout 2023 and beyond.

More than ever before, creating award-winning B2B marketing that elevates, gives voice to talent, and humanizes with authenticity takes considerable time and effort, which is why more brands are choosing to work with a top digital marketing agency such as TopRank Marketing.

Ready to elevate your B2B brand? Connect with our team to learn more today!

The post Top 10 Take-Aways From Forrester’s B2B Summit North America appeared first on B2B Marketing Blog - TopRank®.



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Tuesday, 13 June 2023

Ted Lasso’s Winning Mindset: The Secret to Elevating Your B2B Brand

If you are like me, you’ve been lost in the land of true crime documentaries, way too many zombie shows, and, of course, reality television (shoutout to the Bravo fans out there!). In the endless binging of monotony, violence, and mindless content consumption, I have been craving some feel-good entertainment. Enter Ted Lasso! 

 

Ted Lasso, arguably the most beloved fictional football coach of all time, has captured the hearts of millions with his optimistic outlook and unwavering belief in the power of teamwork. But what if I told you that Ted’s winning mindset could also be applied to the world of B2B marketing to help elevate your brand and help your whole team win? Yes, it’s true! In this blog post, I’m sharing four key lessons that Ted Lasso teaches us about building a winning brand in the B2B marketing space.

 

Lesson #1: Believe in Your Team

Ted Lasso shows us that having an unshakable belief in your team is crucial to success. As a marketer, you must believe in your team’s capabilities and work together to achieve your goals. You must rally your team around a common purpose and ensure that everyone is aligned and working towards the same objective. When everyone is on the same page, you’re more likely to see success in your marketing efforts. From brand consistency and buy-in to business goals and vision to sales and marketing alignment, the team (or teams) need to all be helping row in the same direction (or should I say run since we are talking football?). 

Ted Lasso Dance

Lesson #2: Embrace the Underdog Mentality

Ted Lasso started out as a coach for an underdog football team that no one gave a chance. But he didn’t let that discourage him. Instead, he embraced the underdog mentality and turned it into a rallying cry for his team. As a B2B marketer, you should adopt a similar mindset. If you are smaller brand, a global enterprise brand or if you are helping create a startup within a larger entity, there is an opportunity to bring in this growth mindset. For marketers, it’s important to recognize that your brand may not always be the most established or well-known in every industry or solution, but that doesn’t mean you can’t succeed. Use that as motivation to outwork and outsmart the competition.

 

Lesson #3: Be Authentic

Ted Lasso is unapologetically himself, and that’s what makes him so endearing. Similarly, your B2B brand needs to be authentic. TopRank Marketing has talked about this a lot and it is something that we are committed to within our brand and our work, but we all still need a gut-check throughout our days. Is this messaging/creative/campaign feeling genuine and truly authentic to my brand? Don’t try to be something you’re not or emulate your competitors. Instead, embrace the values that make your brand unique and showcase them in your marketing efforts. Authenticity builds trust and helps differentiate your brand from the competition.

To quote Cisco’s Luxy Thuraisingam who shared insights and inspiration on the most recent Elevate B2B Marketing Podcast episode,

It may sound too simple, but to create an authentic connection you have to be authentic.”
– Luxy Thuraisingam, VP of Global SMB & Partner Marketing, Cisco
Ted Lasso Smile

 

Lesson #4: Prioritize Your People

At the heart of Ted Lasso’s coaching philosophy is a deep care for his players. He takes a holistic approach to coaching, recognizing that his players are not just athletes, but people with personal lives and struggles outside of the game. We hear it all the time for our brand content, “People buy from people.” That humanization is important to bring into the brand messaging and culture. As a B2B marketer, you should prioritize your people as well. Your employees, customers, and partners are all integral to the success of your brand, and investing in them will pay dividends in the long run.

Ted Lasso with Elevate Sign

Postgame Wrap-Up:

Ted Lasso’s winning mindset is not just applicable to the world of sports (or streaming television). B2B marketers can learn valuable lessons from his optimistic coaching philosophy and apply them to their own B2B content marketing and strategy. By believing in your team, embracing the underdog mentality, being authentic, and prioritizing your people, you can set your brand up for success and create a winning culture. 

So, let’s all channel our inner Ted Lasso. Let’s work together, lift each other higher and elevate our B2B brands to new heights so we all win at the B2B marketing game!

Ready to elevate your B2B brand?

 

The post Ted Lasso’s Winning Mindset: The Secret to Elevating Your B2B Brand appeared first on B2B Marketing Blog - TopRank®.



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Monday, 12 June 2023

The Top 5 Actions to Successfully Scale Your Small Business

The Top 5 Actions to Successfully Scale Your Small Business written by John Jantsch read more at Duct Tape Marketing

The journey of growing your small business can be an exciting one, but also full of challenges. To make the process smoother, here are my top 5 critical actions I believe every small business needs to take to grow strategically. These simple but effective steps can help you create a solid growth strategy, keep your customers satisfied, and ensure your business keeps thriving. Whether you're at the starting phase of your business journey or already managing an established operation, these practical tips can guide you toward achieving long-term growth:


1. Narrow the focus to the top 20% of your customers

In my experience, these are usually the most profitable customers. They're the right fit because they have the right problem and the right beliefs. It's important to understand everything you can about this group, as your marketing efforts should focus on attracting more of these ideal customers. The more you know about them, the better you can serve them and, subsequently, scale your business. Remember, chasing after customers who aren't a good fit often results in missed opportunities and may even be costing you money.


2. Promise to solve a problem that matters to your ideal customers

We call this developing a core message, and it revolves around a promise to solve a specific problem. To discover this core message, engage with your customers directly, or analyze your Google reviews. The language they use will provide great insight into the problems you are solving for them. Remember, your customers don't just want your product or service; they want their problems solved.


The Top 5 Actions to Successfully Scale Your Small Business


3. Build a complete end-to-end customer journey

The customer journey doesn't stop when someone becomes a customer. In fact, the days when the main objective was driving leads into a funnel and converting them into customers are over. Today, the buying process has changed dramatically, with 86% of buyers stating that they would pay more for a better customer experience. Thus, marketing today is less about creating demand and more about organizing behaviors.

I've developed a model called the Marketing Hourglass, emphasizing the journey beyond the purchase. It's not just about getting people to realize you exist, but creating an experience that turns one-time buyers into repeat customers and advocates.

The Top 5 Actions to Successfully Scale Your Small Business

The 7 Stages of the Marketing Hourglass

I believe we all pass through seven stages in this journey: know, like, trust, try, buy, repeat, and refer. We want to know who's out there, and we want to like them before we venture any further. We certainly aren't going to buy anything until we feel like we can trust them. And I don't know about you, but I love a little sneak peek of what it might be like to work with a business before I commit.

If you hit the nail on the head with these stages, price becomes less of a factor. You see, when trust and experience are high, people are willing to pay more. Remember that stat I mentioned earlier? Well, that's your golden ticket to building a profitable business.

So, here's my challenge to you. Think about these stages – know, like, trust, try, buy, repeat, and refer. What are you doing at each of these stages to enhance your customer's journey? Are there gaps that need plugging? Instead of just trying to get from 'no' to 'buy', focus on the stages before 'buy'. Trust me, that's where the gold lies.


4. Do less, but do it brilliantly

Focus on what you do best and strive to deliver exceptional results in those areas. Don't try to be everything to everyone. Instead, concentrate on delivering the best possible value and experience to your target audience.


Stick to The Rule of 3

It's tempting to come up with a dozen strategic objectives every quarter, only to find you're spreading your efforts too thin and achieving none. Why not narrow it down to three solid goals? 

This approach makes it easier to stay focused and allocate resources effectively. If a task doesn't map to any of these goals, it's time to park it. Remember, focus is key to achieving objectives.


Don’t fall into a social media frenzy

Focus on 1, maybe 2, social media channels, and do it well. You can use these tools to help. 

For example, imagine a local small business trying to maintain a presence on Facebook, Instagram, Twitter, LinkedIn, Pinterest, and even TikTok. This means a small, sometimes one-person, team must constantly juggle content creation, audience engagement, and analytics across multiple platforms. It can quickly get very overwhelming. Instead, understand where your target audience mostly resides and focus solely on that platform. 

A crucial aspect of running a business is realizing that there's always more to do. However, the secret to effective marketing is deciding what not to do. Avoid falling into the trap of chasing after every shiny new thing. A laser focus on doing less but doing it well often yields better results.


5. Create transformations, not just transactions

The goal is to have a profound impact on the lives of your customers. The focus should be on making a real difference, not just on completing a transaction. 

What if you came to think of your customers more like members that join your business because they want to go on a journey? 

Remember, marketing isn't just about getting that click or that phone call. It's about understanding your customer's journey and providing a seamless, enjoyable experience. It's about building trust, delivering on your promises, and exceeding expectations. And most importantly, it's about making a genuine difference in the lives of your customers.

To navigate this journey effectively, book a call with our strategy experts. We're ready to help you map your path to strategic growth. Click here to book your call now, our strategy experts are standing by. 




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