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HARDISON’S TIPS – AUGUST 23, 2020 – WINNING

HARDISON’S TIPS – AUGUST 23, 2020 – WINNING

Why Winning is so hard
Every business, every organization, sets out to achieve certain results, and they expect to achieve those results. No-one sets out to underachieve but in today’s business environment it has become absolutely and unequivocally critical to drive the limited, scarce and expensive resources of an organization to the desired results.
Why is it more critical today than in the past? Significant errors, flights of fancy and lapses in judgment are punished by shareholders, customers and competitors without mercy, and many times to the point where the organization simply can’t recover.
Businesses today are operating in extremely volatile, complex strategic landscapes that are being ravaged by a multiplicity of forces including:
Increasing customer and stakeholder satisfaction
Abundant availability and distribution of information
Accelerating pace of technological change
Rapidly expanding technology access
Globalization of markets and competition
Global wage and job skills shift
Environmental responsibility and resource limitation
The impact of these forces is to remove the known, the comfort of past experiences and introduces new paradigms, new operating practices and the constant challenge of change.

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These forces have created an increasingly demanding and aggressive customer base. As we strive to secure “life-of-customer revenue”, customers today are less loyal than ever before. Customers have become more knowledgeable and have through technology, such as the Internet, greater options readily available to them. Customers want it when they want it, how they want it and at the price they want it and if you are not innovative, flexible or adaptable to respond you will lose those customers.
So it is easy to see “why it is so hard to win?” But if we cut through the clutter and complexity, there are four underpinnings of a successful business today:
Leadership must work “on” the business, not just “in” the business
Too often, leadership becomes too embroiled in the day-to-day activities of the business that they lose sight of the need to step back and ensure that the organization is heading in the appropriate direction. Liken this to an airline pilot, who should concern themselves with flying and landing that plane, and not concerned about what is happening in the cabin, unless of course, there is an extraordinary circumstance.
You can’t be all things to all people
Different customers buy different values. A company must stake out and claim for itself a value position within the marketplace, and then excel at unmatched delivery of that value to targeted customers. Trying to be all things to all people, only leads to increasing complexity, inefficiencies and ineffectiveness.
Good isn’t good enough
Customers demand premium service and products that are effortless, flawless and instantaneous. Companies can no longer compromise on quality or performance, and must deliver error free goods and services first time every time.
Stay ahead by moving ahead
Success factors are constantly shifting and changing, and with more demanding customers and aggressive competition, companies must continuously raise standards and expectations.

From his success on the sales floor of an automotive dealership  to becoming a veteran trainer and then the adoption of technology for Internet-based marketing, his career has evolved to deliver the skills and tools needed to help consumers. Richie Bello combined his automotive expertise with his robust desire to “take care of the customer first” to become an automotive influencer, published author, and renowned trainer.  Bello absorbed the wants and needs of consumers as he worked up the ladder of the automotive industry.

Over the thirty-five years of his career, he developed strong Internet marketing skills, leading him to developing software solutions that create ease for consumers, and helps dealers improve relationships with customers. Innovation drives success. And, for Bello, it’s in his DNA. ShopSmartAutos.com took years to come to consumers and arrived in a timely manner, during the 2020 Pandemic. With over 6 million vehicles on the site, features that help consumers deliver, finance and warranty, Bello has met the retail digital age head on.

Bello also is founder of Richie Bello Institute of Leadership and Management, a 501C3 not for profit, dedicated to the recruitment, education and employment of veterans into the automotive industry. Visit RichieBelloBlogs.com. https://www.itworld.com/article/2783373/gm-warns-dealers-about-working-with-pure-play-online-auto-sellers.html

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