Now is the time to invest in the soul of your company

Investing in your company’s reputation and goodwill can pay dividends.

Investing in your company’s reputation and goodwill can pay dividends.

I’ve been inundated by messages from companies, and they go something like this: “We’re here to help in these trying times. As our way of giving back, we are now offering huge discounts on our brand-new widgets.” Translation: “I’m acknowledging it may be inconvenient for you, but I really need to sell these widgets.”

How we talk to customers is important, but it has to come from a place of listening and understanding our customers, not from a place of trying to get customers to understand what we’re offering. 

Face it: Unless you’re selling Lysol, Netflix or toilet paper, your business is going to suffer, regardless of what you do. And, if you look at this crisis as some kind of “selling” opportunity, you will be disappointed and, possibly, called out. Some businesses – maybe your business – won’t make it. It’s not your fault. Life isn’t fair.

But, if you can financially ride this out and forget about the short term, consider how you can invest in your company’s long-term prospects. I’m not talking about a financial investment; I’m talking about your business’s reputation, goodwill and standing in the community, all of which are on display each time you communicate with your customers. I’m talking about investing in the soul of your company.

We all have gifts, talents and resources that could be put to use. Think about the services you usually sell and the skillsets you have and how you can apply those to the greater good without regard to being financially compensated.

Do you have a restaurant that is barely making it because everyone’s staying home and cooking? You or someone you employ knows how to cook. Post a video of you or your chef in the kitchen, showing people how to make a few restaurant-quality meals in their home with simple ingredients. I’d watch that, and I’d remember that this restaurant owner understood I couldn’t patronize him, but he did what he could to help me out.

Do you have an IT company, but business has fallen off a cliff? How can you help families whose children are out of school and don’t have computers to keep up with their studies? I’m not suggesting you should give them computers, but maybe you’re the right person to raise awareness about the problem and start a movement to get other businesses and individuals to donate old computers.

Ultimately, your payment is the good reputation you build and the appreciation of people you help. Down the line, when things are back to “normal,” you will be in a better position to rebuild than those who looked at this crisis as a short-term business opportunity to sell widgets.

Mark Lambert

3/18/2020

mark@lambert-media.com

225-937-8113

Communicating in a Crisis

I hope you, your family, friends and co-workers are well. This crisis reaffirms to us that our health and safety are paramount to other concerns, but it’s natural to feel anxious about our economic future.

Just as washing your hands is the best defense against the coronavirus, there are steps you can take now to put your business in a better position to ride out this crisis. Even if your business is temporarily shut down, this is a time to become more engaged and more invested in your relationships with employees, suppliers, customers and other stakeholders.

Communication is king. What to say, when to say it, to whom to say it, how to say it, where to say it – these may be some of the only business activities you can control right now. They are the business equivalency of washing your hands. Here are some proactive steps you can take now:

1.     Write a short narrative of the status of your business and what steps you’ve taken to keep everyone safe and to protect the business and your employees’ jobs. This narrative will be the basis for your other communications. You may not have good answers for everything, but this exercise may prompt you to take action that had not occurred to you.

2.     Share this with your employees. If everyone already is working remotely, email it to them, and make sure they know how to get in touch with you. If your office has not shut down, consider the mixed message of calling a group meeting to discuss how you, as an employer, are working hard to keep them safe. If you feel uneasy about having an all-hands-on-deck staff meeting, that’s a good signal to consider sending everyone home.

3.     Email your customers about your status. Don’t assume they already know your situation, and don’t use this as a sales pitch to drum up business. Be honest, straightforward and open to further communication. Express concern for them and ask if there’s anything you can do to help them. Even if you can’t help, your customers will appreciate the effort.

4.     Using the narrative, post a message on your company’s website and Facebook page. If you don’t have a website, get one. If your company doesn’t have a Facebook page, get one. These are business communication essentials, and during this crisis, it will be the only way anyone knows anything about your business.

Communicating well is not a guarantee of success, but it may be the best step you can take today to get through this crisis.

Mark Lambert

3/16/2020

mark@lambert-media.com

225-937-8113