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Volume 6, Issue 11  
In This Issue...
(click on any title to read its content)



Systemizing the Client Experience

Individual and Team Coaching

Scheduling Kip to Speak

Odds & Ends

Take a Look Inside...


Visit the Winning Clients companion Web site.

See what others are saying about the book.

Hi -

Sitting under a circus big top is the last place you'd expect to have a revelation about business. But surprises like that are, to me at least, what make life so interesting. You just never know when a situation is going to reach out, gently grab you, and say, "Pay attention -- you might learn something if you watch closely."

This month's tip is that kind of story. I hope you enjoy it.

In this season of giving thanks, please know how much I appreciate your continuing interest in and support of this newsletter. New subscribers sign up almost daily, in large part because of referrals from you and other readers. It's a privilege to spend a few minutes every month sharing these ideas with you… and to hear from you about the challenges and successes you're experiencing in your business.



A Lesson in Systemizing the Client Experience

Everywhere you turn these days someone's writing about the customer experience. Understanding the experience. Maximizing the experience. Creating the experience. I don't know about you but too often those "expert" opinions strike me as too academic, not real world. Then all of a sudden, you experience the customer experience done well… and it clicks. You get it. The pieces just snap into focus.

That's what happened to me a couple of weeks ago… thanks to my wife, who treated our kids and me to Cirque du Soleil's latest show, "Corteo", on tour here in DC.

Now I could tell you about how I first fell in love with Cirque du Soleil nearly 20 years ago before they became a phenomenon; how seeing them brought me back to my (then recent) college days performing street magic at Quincy Market in Boston… but that's a story for another day.

What hit me this time is how clearly and completely they've studied, and systematically responded to, the wants and needs of their audience -- along the way wowing thousands of people night after night, city after city, year after year. The sights, sounds, and smells, the artistry, the feel of magic in the air. All the little touches. Making the impossible seem effortless and in the process reconnecting that audience with the power of imagination.

OK Kip, what the heck are you talking about? What on earth does a circus have to do with running my business? Aren't you the technology guy?

Well, sort of. Which is part of what I'm pointing out here: how completely this organization has integrated "technology" into the fiber of the experience they deliver.

Do you know how Webster's defines technology? From the Greek technE - art, craft, skill. The practical application of knowledge; a manner of accomplishing a task especially using technical processes or methods.

Could be (or should be) a definition of how you run your business. Skillful, practical application of knowledge to accomplish a result.

Something to ponder as yearend approaches and you begin focusing energy on 2007: How smoothly are the movements of your business choreographed and executed, so that in every encounter with clients or prospects you are completely focused on delighting them and delivering lasting satisfaction… not scrambling to remember what you're supposed to do next?

Tough to do if you're constantly preparing last-minute reports, spending your day mired in email, never getting around to making those touching base phone calls or putting out that monthly newsletter, or going into annual review sessions with no clue of how you'll fill the other 50 minutes in the hour once you've reviewed the client's account.

So how do you break that cycle? By identifying, documenting, and then assessing the different things you do day in and day out. Answering questions such as:

  • What's our process for preparing for, conducting, and then following up on each meeting -- from the first written reminder to the last "tying up loose ends" phone call?


  • What parts of that process could be eliminated? Which could be automated? Which could I delegate, or outsource?


  • Have I stopped to ask myself what would "Wow!" me if I were my client? Have I asked my clients what would wow them? Have I done what they've suggested?


  • Standing in my clients' shoes, what would tell me unequivocally that I was the most important person in my advisor's business at any time we interacted?
You get the idea.

One resource that can make the process easier is a tool I use with my coaching clients: a work flow worksheet. It's a simple form built in Microsoft Word that will help you map out key processes step-by-step. Click here to download it and be sure to share it with your staff (consider it an early Christmas present). Or take it a step further and put the topic on your next staff meeting agenda, so you can discuss what things to focus on first.

Just one thing. Be aware that this sort of work isn't completed overnight. It takes time. It takes effort. It takes thought. Which is exactly why you need to get started today… so that two months into the new year you'll have the bulk of the heavy lifting behind you. And if you need to recharge your batteries on where the combination of dreams, effort, and persistence can take you, go spend an evening at Cirque du Soleil.


Ways We Can Help You Improve Results

One-on-One and Team Coaching

Last December I suggested five questions anyone serious about improving their business in 2006 might consider. As this year draws to a close I'm wondering, are you today where you planned to be 12 months ago? Not just hitting your financial goals, but positioning your business for even greater success. With strategies and systems, processes, and procedures in place that have made (and will continue to make) achieving the results you seek easier and more predictable.

If you'd like a faster, straighter, more dependable route to your next level of success... or you're not reaching your full potential and any of the following are challenges for you... we should talk:

  • Finding and fixing productivity leaks - minimizing the time you lose to email, putting a stop to recreating information you know you already have, locating what you need online faster, and delivering on follow-up commitments more efficiently are just a few examples

  • Defining sales and service processes – from contact to contract to ongoing care and feeding of clients… understanding who does what when, and where technology fits (or could fit) into the picture

  • Developing a marketing communication strategy and calendar – mapping out an annual plan for keeping in touch with and in front of clients, prospects, centers of influence, and the media

  • Cultivating referrals from current clients – strategies and tactics for expanding your business with help from those who know it best

  • Designing a step-by-step improvement plan for strengthening key aspects of your business - identifying opportunities and developing work flows in designated areas of the practice

  • Team building and successful delegation – defining the vision, setting expectations, identifying desired results, managing the process, and the tools that make it easier
Of course those are just a few ways I can help you. There are others. Together we'll decide what to concentrate on after you complete some initial assessment tools.

And it's not all talk. We'll roll up our sleeves to address specific objectives and develop practical ways of achieving them -- through smarter use of people, process, and personal technology -- focusing everywhere possible on executing those strategies using resources you already own.

We'll also draw on a variety of proprietary tools -- forms, worksheets, databases, and online conferencing (all available at http://gregory-group.webexone.com) -- designed to help you reach your next level of success.

Sessions run roughly an hour on whatever schedule works for you… all in the comfort and convenience of your office. Which means everyone on your team can participate. There's no travel expense or time lost in traffic, and no nights spent in a "bootcamp" hotel room.

Interested? Email or call me now (202-364-6913) and let's visit.

Remember, the results you're seeking won't happen on their own.

*****

(If you want to get started on developing your business improvement plan immediately, download the Checklist of Challenges and Self-Assessment Questionnaire from the Winning Clients Web site. Together those worksheets will help you define your goals and identify specific areas you want to address... and give me useful insight into what you want to accomplish should we work together.)

Keynote, Breakout, and Workshop Speaking

Late this week and early next I head out for my final talks of 2006; one in San Diego (for Dunham & Associates), the other in Beaver Creek, CO (for IMCA's inaugural Practice Management conference). Speaking to audiences is one of my very favorite things to do. Frankly, it doesn't get better than having the opportunity to show people ways of using resources they already own to save time, make more money, and take greater control of their future. (I know you understand… it's part of what got you into this business, isn't it?)

My sessions offer the kind of practical, innovative, take-it-back-to-the-office-and-put-it-to-work-immediately value attendees are looking for. Here's a quick rundown of the presentations I can deliver to your organization.

Leveraging Technology to Build Your Business

Looking to increase productivity and profits using technology you already own? Discover easy, practical ways to unlock the power of your PC and the Internet to save time and increase effectiveness. Learn how to: 1. permanently conquer information overload with a simple system for cataloging important information, 2. build a systematic, measurable, and repeatable roadmap to success, and, 3. put an hour of selling time back into every day by taming your email inbox. You'll come away from this session with easy-to-implement, inexpensive tactics you can take back to the office and put to work immediately!

Topics include:

  • Understanding your productivity gap… and how to close it

  • The 80/20 rule of information - how to keep what's critical at your fingertips

  • A simple approach to creating your team's process playbook

  • Developing a 30-day improvement game plan

  • Eliminating email overload -- managing your message flow (optional)
Making the Web Work for Advisors

Smarter use of the Internet can enhance virtually every aspect of your advisory practice. Yet many advisors see the Web only as a way of getting email, stock quotes, and sports scores. This session will open your eyes to the amazing business development power the Internet offers. Full of practical, ready-to-implement ideas, it is designed specifically to address challenges financial advisors face in growing and maintaining client relationships. (Please note: it is not about designing Web sites). Come learn what you need to know to leverage the Web to find, win, and keep clients faster and with less frustration.

Topics include:
  • How to become a subject matter expert on any audience in an hour or less

  • Five steps to implementing a low-cost, high-impact marketing communication strategy

  • Building custom leads lists on the fly and on a budget

  • Quick tips for speeding up your searches and going online to locate money in motion

  • Using alert services to track news on clients, competitors, and centers of influence
Achieving Breakthroughs Systematically - Strategies for Small Teams and Individual Producers

The right mix of people, planning, process, and technology can dramatically improve results. But figuring out what's needed and how to implement change isn't easy, especially when you work alone or lead a small team. In this session, you'll learn how to build effective marketing, prospecting, servicing, and other business management systems that leverage tools you already own. You'll also be introduced to a handpicked selection of inexpensive, readily-available software and low-overhead talent resources that will free you up to focus on what you do best… bringing in assets and helping clients achieve their financial goals.

Topics include:
  • How to identify your highest priority breakthrough opportunities

  • A three-step improvement process

  • Understanding technology's role in systemizing your business

  • Where and how to find reliable talent when outsourcing tasks
101 Ways to Get Closer to Clients - Communicating Effectively in the Digital Age

Too often advisors overlook the importance of regular contact in fostering and retaining loyal clients. This presentation lays out a how to build your communication competency by focusing on three key factors: getting to know your audience's needs, creating easy-to-use mechanisms for keeping in touch, and delivering relevant content regularly.

Topics include:
  • Assessing and improving your current communication effectiveness

  • The role of e-mail in effective client management

  • How the affluent utilize the Internet and ways you can capitalize on that activity

  • How to create lasting impressions through life event contact

  • Innovative ways to work the Web to stay in touch with people you're targeting
Please keep me in mind if you're involved in booking or recommending speakers for national or chapter events at AICPA, FPA, NAIFA, NAPFA, the Society for Financial Service Professionals, or any other industry group. Or perhaps you work for a product or service provider and you're currently planning a national sales meeting, due diligence road show, or sales force training calendar. Let me show you how to increase your meeting ROI by delivering tangible, value-added content that draws advisors closer to your firm and helps both you and them do more business.

Email or call me at 202.364.6913 to explore how I'll assist you in getting more mileage from your event. I'd be happy to schedule a webinar with your and your colleagues to see and hear my material firsthand.


Odds & Ends

Things I Thought You Should Know About

  • Longtime readers may recall my July 2005 Tip spotlighted a terrific tool for increasing productivity: Copytalk, a subscription-based dictation service you can access by phone from anywhere. Finish a meeting, call in your notes (or a follow-up letter/email), and before the day's out, a text version of what you dictated is sent to your inbox. As a Kip's Tips subscriber, you can save $10 a month off Copytalk's most popular service, Mobile Scribe. Normally $59.95, you'll pay just $49.95. But you have to click on this link or the one above to take advantage of the discount.


  • While on the subject of past Tips, visit LongTermClients.com (mentioned in last November's issue) if you'd like to send out high-quality personalized holiday cards to some or all of your clients. Frank Grisdale and his crew make the process easy. Select a cover photo, prepare your own message (or choose one of theirs), upload the names and addresses of the folks you want to send a card to, and LongTermClients will print both the cards and envelopes and ship them to you for signature, stamping, and mailing. They normally operate on a 10-day turnaround so act fast!


  • It won't surprise you that I believe the best way to increase your productivity in 2007 is to implement the ideas contained in Winning Clients in a Wired World. Its knowledge journal concept alone can save you weeks of time and thousands of dollars in the coming year… and you can have yours up and running in five minutes or less. It also offers a ton of good suggestions on how to manage client relationships more effectively. It's a perfect holiday gift for anyone who wants to get more from the tools and resources they already own. Amazon sells it for under $35… and will ship it to you at no extra cost.

Got a tip you'd like to share? Or a topic you'd like to see covered in a future issue? Email me your ideas.

Until next time wishing you all the best,

Kip Gregory

-----------------
The Gregory Group:
Teaching Clients to Leverage Their Time, Talent, and Technology to Increase Productivity and Profit
202.364.6913

http://www.kipgregory.com

© 2006 Kip Gregory. All Rights Reserved. Reproducing or republishing this content either electronically or in print without prior permission is prohibited.