Monday Point of View:
Technology is amazing. In several clicks you can find the capital of Bulgaria, how many people were hired in a particular industry, in the US, in September 2009, and a recipe for banana cream pie, that is actually a healthy smoothie. Technology has allowed information to be rapidly acquired and shared. But more information isn’t always meaningful. Where do you get the right information to drive your business success?
Wait. Let’s see what amount of information we are dealing with. Presume all of the scientific knowledge known at 1 AD is 1 unit of information. Research was done and supports that it took 1500 years for that amount of information to double (by 1600). It then took only 250 years for that information to double to 4 units (by 1750), and only 150 years (by 1900) for it to double again to 8 units. Today, this doubling rate is every 1 – 2 years. There is no shortage of information; there is not shortage of knowledge. In fact, we are overwhelmed with both. How do you access meaningful information to make great decisions? You “google” or search, right?
Again, wait. Think differently about this. Instead of using Google, use what I call “Geople” (google your people) – this is actually my term that means check with your people. In an age of significant social connections, your people (employees and customers) are your eyes and ears to the world. They have access to millions of bits of information that can keep you informed. You need to know what the world is thinking, what trends are developing, what your competition is doing and what regulations may impact you. There is too much to know; it can’t be easily known or sourced by one person. This is where you need your power information sources – your employees and customers.
In our past industrial age, the manager had access to most of the business’ critical information; there was less information and access was limited. But today, in our highly-connected and information-rich intellectual age, the manager no longer has access to all the information. Today, employees and customers are the front lines to information acquisition, assessment and management. Employees and customers chat, tweet, blog, post, connect and share; using them allows you to gather more meaningful information. Today, you must be able to check in with your employees and customers in the same way you “google;” you must phrase great questions and listen for the responses. This keeps you informed about the world, challenges, opportunities, trends and other important information. This is how you expand what you know to improve your decisions and drive your success.
So, since employees and customers are the connection to meaningful information that will impact the company, how connected are you to them (so that they will openly and honestly volunteer what they know) and how well do you ask meaningful questions that generate the information you need?
“Connection through constant contact” – this is the new millennial phrase. Great managers must be in constant contact with their employees. Employees need to be in constant contact with their social networks and their customers. Customers need to be in constant contact with the company and their networks. This moves information; this allows all parties to be informed. But remember, contact is personal. So if managers do not take the time to learn how to connect emotionally and personally with their employees, to learn their talents, interests and values, then employees disconnect. If employees disconnect, customers disconnect.
A critical role of all millennial managers (today’s managers) is the connection and relationship development time with each employee. The “human edge” is what activates their greatest performance and loyalty. Not only must employees be intellectually connected to their work (they are good at what they do), but they must also feel emotionally connected to it (they love what they do and have a strong personal rapport with their manager). In fact, the emotional connection has a stronger impact on loyalty and performance than the intellectual connection. It is more critical than ever that you spend time building a rapport with your employees. Otherwise, it is like losing Google as a search tool.
Organizations that have extraordinary customer service are first employee-focused organizations. As employees feel supported, challenged and responsible for their performance, they are more engaged and committed to their customers. This connection is what activates customer loyalty. Loyal customers share what they hear, what they think, the changes they want to see, the things that work and the things that don’t work. Disconnected customers don’t tell you what they think. They withhold the information from you – if they return. So, build constant contact with each employee and show them how to do the same with each customer.
Finally, get good at asking meaningful questions. Just as Google searches are less meaningful with poor search words, the quality of your information received from employees and customers will be poor if you do not ask the right questions. Ask great open-ended questions – to get them to talk, share and explain. Ask about ideas and ways to improve. Ask about details and perspectives. Get out of your office and talk to people. Blog. Chat. Send e-mails with questions, challenges and opportunities. Then, listen to the answers. Take notes. Answer back. Be responsive. Be appreciative. Share how you use the information you receive to encourage the employees and customers to continue to share. This gathers, shares and uses information.
We are in the age of instant access to information. Great. That doesn’t always make us smarter. Today, “Geople” (ask your people) to help you stay in control of your constantly changing business. Your employees and customers are your eyes and ears to the world. Stay in constant contact. Build your contacts and develop a culture of sharing meaningful information. This is critical in a world that doubles what it knows every year or two.