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Alisa Cohn & Dorie Clark - Harvard Business Review
We all know the typical ways to ...
18.09.2019
IBN
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Alisa Cohn & Dorie Clark - Harvard Business Review
We all know the typical ways to ...
15.10.2019
IBN
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Alisa Cohn & Dorie Clark - Harvard Business Review
We all know the typical ways to ...
29.08.2019
Philip Ciampa
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Alisa Cohn & Dorie Clark - Harvard Business ReviewWe all know the typical ways to network: by attending industry mixers, business dinners, and conferences. But of course none of those have been possible over the past few months, with so much of the world in quarantine. And even as various regions start to open up, large gatherings will be slow to come back, and long-distance travel will be limited. How should you be making new professional connections during this time? And how can you strengthen relationships inside your company when many people are still working remotely? As executive coaches who work with leaders across the globe, we’ve spent years helping clients learn to build relationships virtually. As in the past, it’s still useful to deepen existing relationships and cultivate new ones by engaging on LinkedIn or other social media platforms. But in this unique time, we’ve identified several other strategies you can use to create connections. Here are three to consider.
Turn canceled conferences into private networking opportunities.
Since the pandemic began, many conferences and other large gatherings have been canceled, but even in their absence, you can use them as a way to meet people. Take a look at the conferences scheduled for earlier in the year along with those that would have been coming up. Identify participants who were supposed to attend or speak or who came in prior years. (If you don’t have the list, you can often email conference organizers and ask for it.) Choose five to 10 people you’d like to connect with, and find something you have in common that might make them interested in meeting you (for instance, you’re both involved in robotics research, or you’re alumni of the same university). You can email them or send a message on LinkedIn saying something like, “We were both planning to attend [conference] this year. I had been hoping to meet you there, because I saw that we’re both involved in robotics research and I thought it might be interesting to chat. Since the event was canceled and we’re all grounded for the moment, I thought I’d reach out virtually instead. Let me know if you’d like to meet for a coffee over Zoom.” One of Alisa’s clients, the CEO of a media company, employed this strategy. After a major conference he was planning to attend got canceled, he reached out to some of the people he had wanted to meet there and convened a virtual cocktail party. He developed relationships with interesting new contacts and was invited to speak at a future event.Rethink geographic boundaries.
Before the world went remote, most professionals’ standard networking impulse was to focus on the people around them. We experienced this ourselves as hosts of regular dinner gatherings in New York City. When creating guest lists, we’d think about local colleagues and would tell out-of-town contacts to “let us know when you’re going to be in New York.” Now those boundaries have receded, and as we’ve shifted to virtual cocktail gatherings, we’ve realized that we’re free to invite people from around the world with whom we wouldn’t have previously been able to connect. During one recent Zoom networking event we brought together colleagues from Boston, New York, Minneapolis, San Francisco, and Austin. We’ve noticed that our corporate coaching clients are applying the same principles and similarly taking a more expansive view. In the past, they might not have invited colleagues from different geographic regions to participate in a meeting if everyone else attending was in the same office. Now that so many of us are remote, they’re more comfortable inviting colleagues regardless of where they’re located.Invite senior leaders to your online working group meetings.
The current crisis has raised a host of new issues for business leaders to consider, whether it’s the future of your industry, how your company is responding to particular challenges (from supply chain to marketing to employee engagement), or the future of global work. This presents a unique opportunity for you to proactively convene an informal working group to discuss these issues. In some corporate cultures, you can simply invite a few people and have it grow from there. In others, it may be important to check in with your manager first. After gathering a group of peers a few times and establishing that the conversations are valuable, you can, where appropriate in your corporate culture, reach out to senior leaders and invite them to join a session, as either a participant or a guest speaker. A drop-by from a high-level leader may have been difficult, if not impossible, under normal circumstances — but with everyone working virtually (and the leader not traveling), a 15-minute appearance is often surprisingly easy to facilitate. One of Alisa’s clients is the CHRO of the U.S. division of a Fortune 500 company. In the early days of the pandemic, she took the initiative to convene a regular call with her peers in other geographies. As the crisis has played out, she has invited multiple company leaders, including the global CEO, to take part. That got her onto his radar, and he now calls her personally to discuss how the various regions are doing. Even though networking events have been canceled, there are many ways for you to build professional relationships. By employing these three strategies, you’ll emerge even stronger once in-person events start up again.
13.07.2020
IBN
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Why Companies Outsource?
There is an ever-growing market for outsourcing contact center solutions. In the COVID-19 economic environment, developing an outsourcing strategy into an ARM solution allows enterprises to differentiate themselves, provide a comprehensive customer experience, and reduce costs.
Most companies need to hone their niche products and services which often means they cannot afford to spread their core competencies thin. Now more than ever, being lean and flexible demands focus on what you do best and outsourcing all the rest.
By definition, outsourcing is the strategic use of the outside resources where it does not make financial or functional sense to carry out those activities internally. Outsourcing enables businesses to gain skills and services that are hard to find or develop due to resource constraints. First party outsourcing provides the client with a seamless extension of internal operations either for new projects or old ones that are too overwhelming to manage.
Uplift Your Brand
Outsourcing is an efficient way to boost a company’s brand and fast track business goals. It allows companies to create a world-wide platform to launch products and to promote the company name without needlessly shelling out hard-earned revenue. By contrast, investing in a trained and certified customer service team sends a message to customers that a company is willing to put their best foot forward. The message to customers is “your satisfaction matters.” Companies have a choice between making internal resources pull double duty on the phones while other projects are on hold, or leveraging staff who have chosen customer service representatives as a vocation. Just imagine who will have a more positive impact. Outsourcing to customer service specialists will have a ripple effect of goodwill that reflects exponentially on brand positive reputation.
Worldwide Talent Pool and Lower Support Costs
In an overseas outsourcing model, companies gain access to a worldwide talent pool. This allows them to expand their language capabilities and add “follow the sun” 24/7 coverage, ensuring the representatives handling inbound and outbound calls are always alert and upbeat. Drawing from global talent sources offers unique perspectives on problem resolution. In addition, offshore staffing costs remain, as always, much lower than similar services delivered by their domestic counterparts. In a global economy where the playing field is leveled by remote monitoring tools and VPN connectivity, cost savings are substantial.
More Versatility and Proficiency
Dipping into another talent pool also means access to different skill sets. When an in-house team specializes in a specific core competency, it is not always easy to pivot customer service functions to support a new product or service launch. A BPO team can help organizations drill down their expertise by handling custom campaigns with greater proficiency. It starts with building a comprehensive, ever evolving knowledgebase or FAQ library, enabling representatives to expand their issue resolution or customer inquiry repertoire. Over time, those inbound and outbound dialogues become more effortless and second nature as representatives reinforce credibility and knowledge with customers. Since they are often the “department of first impressions,” call center representatives can make or break a company’s brand.
Greater Scalability
Organizations that experience fluctuating or seasonal call volumes find it difficult to adequately staff up or down to meet the peaks and valleys in demand. They also find it is costlier to bring on Full Time Employees (FTEs) over the short term. Not only does this approach place a strain on internal resources to recruit, train, and manage those representatives, but by the time new hire productivity ramps up, call volumes may take a nosedive. Outsourcing to a BPO team creates an overflow mechanism when inbound and outbound activities are less steady stream and more Murphy’s Law.
Redundant Tools and Systems
When force majeure becomes a force to be reckoned with, having redundant tools and systems is the ultimate “better safe than sorry” approach. Why settle for one set of telephony, ticketing system, or data center when an outsourcing partner can integrate with and replicate crucial systems, literally flipping a switch in the event of an outage? Outsourced service providers can safeguard intellectual property and ensure the most resilient service possible. BPO platforms and data are typically hosted in hardened, Tier IV data centers which are good enough to store crucial data for the likes of Google, Intel, and Deloitte. Getting on board with an outsourcing partner that invests tens of millions of dollars on Business Continuity Planning tools and systems means never compromising on IT data security.
Enhanced Competitiveness and Productivity in a Post-COVID-19 Economy
Outsourcing increases the competitiveness and productivity of a company and allows growth over competitors. A budget-friendly, hassle-free, time-efficient and balanced way of increasing productivity is outsourcing. The turnaround time for projects is easily truncated with the help of outsourcing. Leveraging an outsourcing partner enables internal staff to get their work done on time without compromising on quality.
Simply put, outsourcing is a way to enhance productivity and efficiency by drilling down on internal functions that have the best ROI and offloading those that do not.
The truth is the post-COVID economy has forced the hand of outsourcing as an ever more valid business strategy. As companies scramble to stay more connected and get more done while being further and further apart, outsourcing has built a case as the new normal for how we should conduct business today. And it is not an option that is likely to go away any time soon. Despite all of the social distancing, an outsourcing partnership remains close at hand.
04.06.2020
Philip Ciampa
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Now that face coverings are mandatory when in public in Massachusetts, we're sharing a simple way to make your own. Watch Deb Frank from Metro demonstrate how to make a homemade mask using materials you likely already have on hand.
18.05.2020
Dave Egan
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Millennials sit in a unique position, more so than any other generation before them. Not only do they face crushing student loan debt at higher rates than previous generations, but they also need to start thinking earlier to find ways to survive the costly retirement years. Let’s take a closer look at why thirty-somethings need to act now to have peace of mind later.
As Benjamin Franklin said, “In this world nothing can be said to be certain, except death and taxes.” While most millennials may not want to ponder their mortality, they do need to start planning now so that their family can survive in the case of an early demise that could leave their loved ones unprotected.
The Purpose of Life Insurance
A recent study by Budget Insurance found that 82% of millennials don’t know what life insurance is for – even as they are aging, starting families, and dealing with more complex financial situations. Life insurance policies can help you protect your family’s dreams for the future, pay off debt, and create funds for college or other important investments. It can take care of housing costs, student loan expenses, and more. It’s all about obtaining the right type of policy to meet your individual needs. According to Pew Research, 60% of families rely on dual incomes, while 31% of families rely on a single income. Combined, that means 91% of families in the United States need one or both spouses income to survive. And what happens if one (or both) die? That’s where life insurance comes into play.Funeral Expenses
End of life expenses are costly. The average funeral costs between $6,000 and $10,000. Even if you plan for a more non-traditional funeral like a celebration of life party, someone will have to foot the bill. A relatively small life insurance policy can help do that.Premiums are Lower When Younger
The way that life insurance works is based on several factors including overall health and age. The younger you are when you apply, the lower you will pay. This is especially true if you do not smoke or have any pre-existing conditions. As a young and healthy person you pose less of a liability to the insurance company. The older you are, the higher your premiums will jump.Future Savings
Depending on whether you choose term or whole life insurance, you may be able to use your policy to borrow off of in order to pay for college, invest, or build a home. The life insurance policy can act as a savings vehicle with relatively low risk . If you are a millennial and need to start thinking about life insurance, talk to one of our agents who can tell you how to get started and what type of policy would best fit your needs.
29.04.2020
Phil Richard
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