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Question‘We have a good business. We are profitable. Our people are loyal and work hard. We know we can do better. I am frustrated at the lack of progress, despite all the good ideas and efforts we are not making progress as we would like. What can Qamvis do for me and my business?’AnswerThe most often expression heard around boardrooms is ‘what’s going on, why aren’t we making progress?’ Too often management experts have solutions to all known problems in a single phrase or trendy catch cry. At Qamvis we seek to understand the problem first, only then do we seek to find proven, most suitable and practical options for sustainable profit growth and most importantly positive improvements in shareholder value.The most common shortcoming in most enterprises can be summarized as, ‘organizational alignment’, or perhaps better stated as organizational misalignment: The difference between good companies and great businesses is measurable in ‘minor degrees’ of misalignment of strategies to opportunities. Too often over simplified marketplace opportunities leads to under developed strategies which deliver poor results, and missed opportunities. Over simplification of strategies correlates strongly with an organizations in-house skills and competencies. In other words skipping detail, running with gut feel and lack of internal robustness breeds oversimplification – after all detail requires understanding, intellect and robust analysis. Through Performance Management practices and capabilities reviews, Qamvis will identify key inhibitors and cultural gaps which strangle, retard and dilute full potential. Qamvis will realign the organizations vision and intent and purpose to results and performances – all within a framework of performance management. Why performance management? To ensure the organization moves ahead with real time performance gauges, results and market monitors and accurate radar warnings. No doubt MD’s and CEO’s have excellent insights into their operational strengths, capabilities and individual competencies. Insights are a skill: transforming them into successful initiatives is something else. Qamvis will assist in clarifying and resetting courses for success. QuestionOrganizational Culture – what is it and why is it important?AnswerWhat’s all the noise about? Over the past few years the term organizational culture has appeared in most management reviews. What is culture, what does it means and is it important? When do you have it, and what makes good culture and poor culture?Culture and its relationship to the business model, performance management systems, profits and the organizations motivations is key to long term sustainable success. Over recent years high frequency catchphrases such as entrepreneurial sprit, innovation and cost management have over run management agendas. Whilst they are important they are none more important than enterprise culture. Culture drives the doing of business. Culture channels the business focus of thought, expectations and participation. Culture nurtures and guides performances through individual obligations, responsibilities and expected contributions. Culture is the adhesive that locks the enterprise framework together. Its’ strength and effectiveness is determined by how it engages core enterprise resources – people, investment, systems and customers. Definable culture reflects an organization’s intent and purpose and its’ values, principles are pure core intellectual property. The culture of an organization is often expressed as ‘the way we do things around here’ and consists of largely unspoken values, norms, and behaviours that become the natural way of doing things. In this paper we won't tell you what to think, but we will inspire you to think differently about values and how it impacts your business. Read more: Culture and its’ relationship to performance and profit growth and motivation. Qamvis paper, find it under downloads. QuestionWe are ready to grow the business, what will Qamvis do for us?AnswerShareholder value growth is elevated when core assets such as people, processes, clients, intellectual property and technology are aligned and tuned to perform at optimum levels. The bottom line is always ‘return on deployed capital both loan and cash, resources (people and infrastructure) company focus, effort and opportunities lost – diversions form other projects. 14% on capital deployed is standard measure for a low risk business (in other words not a high risk investment such as health research, IT development and new services initiatives). ‘Are you making 14% or greater on your capital!’ asks Anne Renshaw, Qamvis Associate.Firstly, it’s the absolute accountability of the Chief Executive to optimize the organizations inherent capabilities, harness its’ strengths and exploit all potential value creating opportunities. Shareholders demand no less of their investment, employees demand career satisfaction, growth, and security, and customers demand that their suppliers grow and add continual business value. New growth opportunities are plentiful in most industries. New ‘ideas’ are generally free flowing in any organization, however translating them into quantifiable business initiatives is something else. Daily pressures prioritize how ideas, Customer suggestions and market intelligence are treated. It’s common to hear from our Customers that they have little time to seriously consider new ideas or test new concepts, or plan for growth, as daily work pressures, lack of staff availability or inappropriate internal skills hinder new business development. Qamvis methodologies follow a path of detailed yet swift pursuit of ’testing’ new growth opportunities against proven Business Development, Review, Validation & Implementation Process and Framework. The process provides for a stepped, contained and secured process to:
QuestionWe can’t find good people. It’s our biggest problem.AnswerNo its’ not! Sounds like the enterprise has a non effective culture. In other words don’t blame the system until we conduct a health check Retaining people, nurturing and growing them – that is everyone’s role and accountability. That’s enterprise culture. Your best sales person may be sitting right next to you! But who has the time to train them? Who will educate them and who will monitor their performances?We—Qamvis will work alongside your key people to shape sales behaviours. Our methodologies, hands on guidance and coaching will drive sales results. Our style is to shape sales culture and trigger pride, achievement and success within the Team—self development and accountability form the platform of such change in behaviour.
Saying NO to unprofitable business. But then persuading the customer to consider an alternative offer that is profitable and is win/win—get the sale at a profit (that’s what sales people are paid for!!) Call Qamvis – we can discuss the issues over coffee, no obligations. QuestionHow does Qamvis charge? Is it expensive? What are the rates?AnswerQamvis is a strategy, execution and performance management enterprise. We deliver our promises or no fee. We also live by the motto that without strategy you have no execution and it follows that there’s little chance of success.A Client of Qamvis has increased its’ revenue 4 times over 4 years and has launched 4 new businesses over the same period. This Client has had 3 offers, all from public companies to acquire the business. It has re aligned its business to allow each business unit to be valued separately. This makes for easy spin off’ businesses, partial sell off and new business expansion without impacting the overall group value. The millions in increased shareholder value and operating profits are far, far in excess of the Qamvis fees charged. Our fees are segmented into three categories.
QuestionOur Company has been established for 12 years and we have good loyal customers. Our competitors are increasingly eating at our customer base, so we keep discounting our prices to compete. We are working harder, but not seeing commensurable profits. Why?AnswerWe need to firstly understand the (real) reasons behind your ‘loyal’ customer’s behaviour, secondly why your competitors believe your customers are worth winning.The key to profitable business lies in the loyalty of customers. Whilst lost customers can be temporarily substituted by adding new customers (generally through price incentivation and through aggressive sales activities), the game of filing the customer funnel without proper sales profit processes is value destroying, expensive and morel sapping. Qamvis methodologies and sales processes focus on 5 key aspects of customer growth and loyalty:
Customer retention, and in particular retention of profitable growth customers is directly linked to the marketing strategy and marketing effectiveness to drive the sales function. Some key questions which may assist in better understanding the robustness of customer loyalty are:
Securing a long term customer commitment has been difficult and somewhat rare in the past. Customer commitment is very different from customer satisfaction. Customer satisfaction is no guarantee of customer loyalty. Several studies recently have clearly indicated that whilst customers may be ‘satisfied’ they hold little loyalty:
When customers perceive superior service levels, they effectively seek-out customer partnerships relationships. However such status is not easily achieved particularly with a product based strategy (product based advantages are either marginally superior or are quickly replicated). For these reasons, customer partnership relationships require superior understanding of the customers business and intent, effective and open relationships and a superior insight into the customer’s value perceptions. Many organizations (more so with sales and marketing people), claim to have such status with customers, but in reality customer partnerships are not easily secured. Qamvis know-how, experience and performance can assist in mastering effective customer commitment strategies, orchestration of continual customer penetration improvements, customer value leadership, and sustainable ways of creating and delivering superior customer value. Such strategies will serve as the gateway for competitive superiority, customer profitability and long term customer commitment. QuestionRecent customer satisfaction studies show our customers a very satisfied with our services. Why then do our sales people need to discount so much to win business?AnswerCustomer satisfaction does not guarantee a valued relationship, only that expectations have been met.Firstly, effective pricing and sales strategies can never compensate for poor business execution. Price lists have lost their credibility: customers have become tougher negotiators: the price charged have lost connectivity with the value received. Subsequently, many companies have lost control of the sale price. Three (3) key causes of price pressure are:
Attaining customer value recognition is the fundamental role of the marketing and sales team. Pricing is actually the interface between marketing and finance. The need to find a balance between the customers’ desired price on value and the need to recover costs and earn profits is the key challenge. Customer value, and perceived customer value will ultimately determine the sale price:
Qamvis know-how, experience and performance can assist in mastering effective sales techniques which will balance the ‘price’ argument against value crating activities and customer pricing decisions. Qamvis know-how, experience and performance can assist with specific help re-establish a connection between the value offered and the prices finally negotiated. Moreover, Qamvis can demonstrate how to defend sales price levels, retain pricing credibility and migrate the sales behaviour from price discounting to pricing for customer value delivered. Qamvis know-how, experience and performance can assist in mastering effective customer commitment strategies, orchestration of continual customer penetration improvements, customer value leadership, and sustainable ways of creating and delivering superior customer value. Such strategies will serve as the gateway for competitive superiority, customer profitability and long term customer commitment. QuestionWe are planning to launch a new product line. Can you help with a soft launch strategy and implementation?AnswerYes. Soft launch is the new terminology to ‘market test’ your new initiative, but be mindful. If the concept is a customer focused initiative, then securing a customer partnership arrangement will deliver far superior outcomes than a ‘soft’ launch program.Qamvis know-how, experience and performance can assist in mastering effective customer partnership strategies, authenticated trial sites and reference sites, and ‘hot house’ environments to ensure product/services testing accurately reflects actual market responses. QuestionWe need to win this bid. We have the products, experience and know-how. The customer likes us, but we know we have some serious competition. Can you help?AnswerBid development, bid strategy and bid presentation is a key competency within Qamvis.Qamvis know-how, experience and performance can assist in mastering:
Qamvis can assist in providing management support and bid development process reviews and implementations. Key areas to monitor are: Sales skills and competencies
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