Posts Tagged Leadership

Six Lessons Learned Developing a Consulting Practice

Four years ago I changed careers. I assumed a leadership position in a new industry that I had limited experience in. My objective was to build and grow a software consulting practice. The role was a challenge and I intentionally decided to take it head on.  Here is a brief list of my teams proudest accomplishments:

  • Expanding the practice internationally
  • Securing public sector accounts
  • Establishing a growing Oracle Practice
  • Built an industry brand via delivery of valuable niche products and services.

In the last four years I’ve experienced many challenges, obstacles and success.  My purpose with this post is identify six key lesson’s I’ve learned developing a scalable consulting practice from a business development perspective:

It’s all about the People! Selling technology and large software projects is complex.  Inevitably you will run into conflict and politics both within your internal sales pursuit team and from the client side.  Acknowledging that people have unique perspectives, insights, ego’s and agendas is a must.  In a software project, rarely is the technology the problem when things go awry, it’s the people that you have to develop, manage and lead.  The consulting sale is never a one man show, but rather a collection of experts that come together in a team that attempts to deliver a solution that will add value to your customers business.  Don’t underestimate the value of alignment, communication and relationships.

Your product or service must serve a niche: Trying to be all things to all people generally means you end up with nothing.  Every one of your customers has unique needs and there is never a one size fits all approach.  Gaining efficiencies in the way you sell and deliver your services will only occur if you sell to a niche.  Clearly define one product or service followed by clearly defining  your demographic or niche.  Next, create marketing material that addresses common inefficiencies you uncovered during your research and develop a list of comprehensive sales questions that speaks to your target demographic.

Don’t sell everything  to your customer: One of my Account Executives reminded me this week me that going into an account and selling your customer with every single service you offer is like coming to a meeting with a “machine gun and blasting them away with products and services hoping to get a successful hit”   The machine gun strategy  is ineffective because you can’t possibly be an expert at everything, your customer won’t take you seriously.  Put aside the machine gun and use a sniper rifle instead.  Carefully do your research, assess your clients environment and position a service that meets your clients unique needs by asking lots of questions.  Flush out where the issues are and use your sniper rifle to put a bullet in the specific problems your customers face.

Align your business around one common theme. At Waggware we tried selling our customers anything we had a hint of competency at.  We tried to sell everything!  Whether it was Customer systems, Operational solutions, Outage systems or Generic IT staffing services we tried selling it.  This lack of focus was ineffective and our customers didn’t take us seriously.  After a painful assessment of our our strengths and weaknesses, an evaluation of our competition we made the decision to stay close to systems that touched the customer of a Utility company.  We rallyed around the theme of “Equipping Utiliities, Empowering Consumers”.  As a result of our efforts we continue to get inquiries from Utilities across North America for information and are business is growing at a very rapid pace.

Network Network Network! Networking takes time, takes effort and you will not realize the benefits immediately.  Plan to network and you will reap fruits from the networking seeds you sow today.  I`ve developed a plan and a strategy that involves meeting and connecting with as many industry and technology professionals as I can.  I do this both in my own industry (Utilities) and in my own local community.   From an industry perspective I try to attend all the big conferences and participate in the social media forums.  Even though Waggware generally doesn`t do business in it`s own local comunity I make a committment to stay involved.  By way of local networking I stay on top of local talent, identify potential alliance partnerships and gain advice from professionals that are in similar non-competing industries.

Don’t be afraid to make mistakes: Failure is painful yet it is often the catalyst for generating great ideas.  I’ve heard someone say that “If your not making mistakes, your not trying anything new and your probably not creating great ideas or products.”  I agree with that statement.  I’ve made my share of mistakes but these failures have made me a stronger person, executive and leader.  The important point here is to fail fast, recognize that you’ve made a mistake and change course.

Developing a consulting practice is hard and challenging work.  You will face tension, fear, dissappointment, politics and frustration.  Take up an attitude of  faith rather than fear.  Faith in others is the number one factor in developing a scalable consulting practice.  When you trust in others abilities great things happen and great things only happen when ordinary people come together as a team and do extra-ordinary things.  It’s never a one man show.

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Leadership: Create Conditions in Which Others Generate Great Ideas

I read a tweet this evening that inspired me to share a video I watched last night.  Sally Hogshead from her Twitter account reminded both her followers and myself that:

“Your job as a leader is not to have great ideas, but to create conditions in which *others* have great ideas.” ~Sir Ken #taom

The vehicle to accomplish this is through effective communication.

Whether you are a leader in business, government, a ministry or a not-for-profit the most important job you have as a leader is to communicate.  How leaders listen, engage, speak, take action and model behaviour has a direct impact on how the front line interacts with the customer, how engaged partners get results, and customers make recommendations on your offerings.

Social Media is giving leaders an unparalled opportunity to listen, engage, speak and take action.  The following video is living proof of this by way of Michael Hyatt’s explanation of how he leverages social media to lead and earn influence with his employees, customers, stakeholders and partners at Thomas Nelson Publishing.  Have a listen as to what he has to say at the Christian Leadership Alliance Annual conference in San Diego last year.

How Can Christian Leaders Get Started with Social Media? from Michael Hyatt on Vimeo.

Let me know what you think!

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The Dubya vs Bubba Match coming to Toronto, Canada

I enjoy watching leaders communicate & debate.  Whether it is the Governor General reading off the Throne Speech, the US president delivering the State of the Union, or the Prime Minister giving a speech while rolling through town on a campaign stop during an election.

There is something about debate that stirs up the imagination, it forces you to think differently and it can challenge and/or strengthen your values.

When I read John Ibbitson’s Globe and Mail Column titled “Culture cold warriors face off in Canada” I couldn’t help myself from immediately calling the Event company and dropping $200 for a ticket to the event.  After all how often do we get two former presidents (George W. Bush & Bill Clinton) doing a debate in Canada?

Bush & Clinton

Fireworks are not expected in this debate because former presidents are usually always civil to one another.  However I am confident that the discussion will be fascinating and engaging, especially as the two dissenting administrations have lead the United States through two very different policies over the last sixteen years.

Event is Scheduled at the Metro Toronto Convention Centre on May 29.. See you there!

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