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Monday, 17 September 2018

Leadership Magazine: What are your eight words?


My latest Leadership Magazine is on page 122 and 123

Can you fluently describe what your business’ unique selling proposition (USP) is? What makes you stand out from your competitors? If you say it’s the quality of your service or product, or your quick turnaround times, isn’t that exactly what they are also saying? 

If you were to describe what it is that your business does in eight words, what would you say? Would your answer sound the same as the receptionist or intern’s answer? How does it compare to the person that has been with the company for ten years or more? If you took time to ask everyone, you might be quite surprised to find out what the rest of your team are saying. This is the message that is being communicated internally and externally, to friends, customers and other stakeholders. It has a direct impact on how your business is being perceived and your company’s reputation. This perception of what your company does is not necessarily the truth, but it is that person’s reality which becomes their opinion that is communicated to people around them.

A few years back I realised with a shock that we didn’t have a succinct USP, our ‘eight words’ were all rather muddled. I recall asking the team to share a voice note with me via WhatsApp describing what we do in eight words. Everyone’s voice note was quite different and varied a lot in length (despite asking for just eight words). Clearly, we definitely needed clarity on our eight words.

I really didn’t want to dictate what the eight words should be and I believe in being collaborative and involving the team in key decisions. If everyone is on board and gives their inputs, the chances of them buying into it and adopting it as their own are much greater. So at our last strategy session, we set time aside to work out what our eight words are, combing the USP and our vision. The reason for this is so that when we share our USP, we automatically share the bigger vision of expanding operations into the rest of Africa as well. We agreed on a slightly longer phrase which is longer than eight words, but I think the 12 words we’ve agreed on packages it quite well. In answering the ‘Who are you and why are you special?’ question, we can now all say: Africa’s go to reputation research and management partner for sustainable organisational growth. 

At your next team meeting, why not ask everyone to take a few minutes to write down what they consider it is that the business does.

There are a number of reasons it is so important to be clear in your offering:

  1. If you are fluent at what you do, it is so much easier to explain it to someone else and for them to understand and welcome it;
  2. Target your sales effort: knowing exactly what it is that you do makes it a lot easier to identify opportunities that you want to focus on which are aligned to your core services. You will also feel a lot less guilty saying ‘no’ to work that does not fit into your core offering;
  3. It helps you to identify growth opportunities;
  4. Your reputation is built upon what is communicated internally and externally. When everyone sings from the same hymn sheet and consistently sends out the same message, you are all building your company’s reputation. Keep in mind that reputations are all about consistency; you are either consistently good or consistently bad as you build a reputation for your business. If your core message is inconsistent, and all over the place, your service offering will most likely also be all over the place as everyone has their own version of what they should be doing. The more consistent you and your team are, the more solid your reputation will be.

It might be a good idea to review your communication material and check that everything aligns to the eight word principal of describing your business. Also, remember to check your internal messages and don’t neglect your induction pack for new employees. Consider finding out what your other key stakeholders think you do as it will help you to know if you need to realign key messages and identify gaps in your communication initiatives.

To continue the reputation management discussion, visit www.reputationmatters.co.za or call +27 (0)11 317 3861. We are also on Facebook www.facebook.com/yourreputationmatters and Twitter @ReputationIsKey

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