It’s about the Fuzzy Stuff: People and Trust
Back in March, I was asked to write the monthly ‘Living the Value Proposition’ column for my company’s monthly newsletter. In a very Jerry Macguire-esque effort – I stayed up all night thinking about value propositions – the tough to define, ever-continuous search to define the elusive catch-phrase that pops into peoples minds when they think of our company. I wasn’t looking to write marketing collateral or website material here – I wanted to dish some old school stream of consciousness thoughts on some basic questions: Why do people work here? Why do clients hire us? What enables us to get long term traction?
I decided to talk about the value of people and trust, and what they meant to our company – About how they defined our sales and delivery approach.
I wasn’t on Twitter yet – but I found Amber Naslund (@AmberCadabra) who wrote in her blog back in 2008 that “Delivering something worthwhile is not achieved in a board room with big flip charts or spreadsheets and ideation sessions. It’s not delivered with a slick brochure or well-written copy, or a stack of press hits in the Wall Street Journal. It’s not delivered in key messages or brand attributes, even. It’s delivered in the work that you do with and for your customers, each and every day. The hard stuff, where you roll up your sleeves and show what you’re made of. Solving real problems for real people.” When I read this – it instantly resonated with me – it sounded like my company. It was at the heart of why we were experiencing real traction with clients.
I used Amber’s message as a spring board into talking about our hiring model as a key differentiator for the firm. We don’t hire ‘revenue streams’ for short term opportunities; We don’t bend on out model to snatch up a high performer that isn’t a cultural fit; We don’t have partners and directors and mangers and associates and note takers in an endless ongoing hierarchy of escalating bill rates. We hire good people that do great work and we give those people the opportunity to be part of a great company, and it works – Good candidates come here – and stay here – and we’re better because of it.
I also ran across Chris Brogan and Julien Smith’s blogs and their pre-Trust Agents eBook called Trust Economies. They spoke about a business universe build from decades of empty promises, overused buzz words, and buyer skepticism. They were hitting on the key to our value proposition: linking great people with great clients with a relationship grounded in the common currency of trust.
As we know all too well, a typical sales person (and in many cases a typical consultant) has a short-term mindset, focusing on monthly targets, quarterly/yearly quotas, and high-profit engagements. But in the Trust Economy – it’s the relationship that drives the sale. Some companies will come in with glossy paper and big names and sell on reputation, but their long-term viability and stickiness are hampered by the lack of a sound, trusting relationship with their clients and numerous cases of non-delivery.
Companies and individuals alike can learn some valuable lessons here. A strong commitment and focus on building sound relationships, and then adding value to those relationships without a greedy, take more than you give approach can lead to long-term benefits. Focus on selling this way – Deliver. Do what is right. Focus on doing what is best for the client, without selfish and misaligned agendas. Don’t gouge clients on rates because you can, and don’t change order clients to death. Take Amber’s advice and treat them like peers – roll up your sleeves and solve real problems together!
Jason, first off: thanks for sharing that something I wrote hit home. Oddly, as you probably know, we writer types don’t always get to see the long tail impact of our work, or where it might have sparked something somewhere. So I really appreciate knowing that.
Second, this conversation is as relevant today as it was last year as it will be five and ten years from now. Why? Because they’re simple ideas that are hard to execute on well. And sometimes, we as businesses way over-complicate what we’re doing in order to try and achieve greatness or shareholder value, or any number of fleeting definitions of success. We get in our own way, and we lose sight of our purpose (the real one, not the fluffy one mounted on the boardroom wall).
I’m hopeful that we’re at a tipping point for business. I really am. I’m more hopeful, actually, than I’ve been in a long time.
Thanks again for sharing,
Amber
Jason,
Liked your article. We have take some big steps at BrightMove to ensure we don’t over commit to clients or over sell what we can provide to the Applicant Tracking space. We have put up 25% of our SaaS fees as a credit if we fail to meet our commitments to our customers. I have been working in recruiting for a long time and have seen plenty of sales spin. I just didn’t want it at my company.
Michael
@Amber – Well said – seems like common sense, but companies still aren’t getting this stuff right. I’m hopeful as well – should be an interesting 2010!
@Michael – Thanks for the comment – I think that is great that you make a commitment like that to your clients. I think that is a great move – especially with a SaaS model where yearly renewals are key to your success as a firm!
Excellent post. Well done! I love reading your work.
[...] is not a nice to have – in both B2B relationships and B2C relationships – trust is critical in today’s economy where partnering and relationships are king. Stephen Covey said [...]