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	<title>Comments for The CEO Challenge</title>
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	<link>http://www.therevenuegame.com/ceochallenge</link>
	<description>A monthly challenge to help CEOs think and act like Chief Revenue Officers</description>
	<pubDate>Sat, 31 Jul 2010 20:26:28 +0000</pubDate>
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		<title>Comment on 8 Ways to Listen to Your Market by Frank Gartland</title>
		<link>http://www.therevenuegame.com/ceochallenge/07/customer-research/comment-page-1/#comment-127</link>
		<dc:creator>Frank Gartland</dc:creator>
		<pubDate>Wed, 07 Jul 2010 17:34:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.therevenuegame.com/ceochallenge/?p=265#comment-127</guid>
		<description>I agree with Carl that this is a fantastic article. Great reminders about processes and practices that every business should take seriously. However, I also agree with Carl that more often than not there is a culture issue that must be addressed. It is essential that business leaders first recognize that they are not responsive and next get prepared for the hard work and thick skin required to truly transform the culture. 

So do you have this challenge in your own company? 
- Are people consumed with situational firefighting or solving core problems? 
- Are leaders engaged with high-level challenges or knee deep in details? 
- Do leaders demonstrate they care about providing phenomenal service
- Are leaders more concerned with avoiding challenges and performing for the Board?

Take a serious look at yourself as a leader and be determined to better understand what "the right thing" is and to make positive change.

Thanks for the article... and Carl, thanks for the thoughts.</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; display:block; width:60px' ><a rel='external nofollow' href='http://www.focusedfx.com'><img alt='' src='http://www.gravatar.com/avatar/68e175ed0568e60f00cbdabae62167f5?s=60&amp;d=http%3A%2F%2Fuse.perl.org%2Fimages%2Fpix.gif%3Fs%3D60&amp;r=G' class='avatar avatar-60 photo' height='60' width='60' /></a></span>I agree with Carl that this is a fantastic article. Great reminders about processes and practices that every business should take seriously. However, I also agree with Carl that more often than not there is a culture issue that must be addressed. It is essential that business leaders first recognize that they are not responsive and next get prepared for the hard work and thick skin required to truly transform the culture. </p>
<p>So do you have this challenge in your own company?<br />
- Are people consumed with situational firefighting or solving core problems?<br />
- Are leaders engaged with high-level challenges or knee deep in details?<br />
- Do leaders demonstrate they care about providing phenomenal service<br />
- Are leaders more concerned with avoiding challenges and performing for the Board?</p>
<p>Take a serious look at yourself as a leader and be determined to better understand what &#8220;the right thing&#8221; is and to make positive change.</p>
<p>Thanks for the article&#8230; and Carl, thanks for the thoughts.</p>
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		<title>Comment on 8 Ways to Listen to Your Market by Carl Strathmeyer</title>
		<link>http://www.therevenuegame.com/ceochallenge/07/customer-research/comment-page-1/#comment-126</link>
		<dc:creator>Carl Strathmeyer</dc:creator>
		<pubDate>Wed, 07 Jul 2010 00:43:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.therevenuegame.com/ceochallenge/?p=265#comment-126</guid>
		<description>These suggestions are good, but they talk about processes... and none of these processes will be effective if you undertake them with the wrong attitude. Conversely, if you get into the right mindset regarding customer feedback, these and many other processes will suggest themselves.

The absolutely essential aspect of a successful mindset is &lt;i&gt;being receptive.&lt;/i&gt;

I have worked with far too many organizations where customer feedback is dutifully collected -- but then rationalized away. The first customer didn't know what they wanted and asked for the wrong thing. The next customer's staff was incompetent. The third customer had unrealistic expectations. The fourth customer was affected by a one-time inventory issue. A rogue salesperson promised the fifth customer too much in an attempt to close a sale and earn a bonus. And so on... explaining why none of these damaged customer relationships are any serious cause for worry.

Suggestion #5 above mentions after-the-fact surveys. That's OK, but I am more impressed by the approach taken by the service department of my local Honda dealer. When I pick up my car after it's been serviced, they say: "Soon you will get a phone call asking how satisfied you were with our service. We aim for perfect 10s, and anything less means we have failed you. If you are not &lt;i&gt;perfectly&lt;/i&gt; satisfied by the service you got today, please tell us &lt;i&gt;now&lt;/i&gt; so we can correct any issues before you leave."

Now that's an organization that &lt;i&gt;wants&lt;/i&gt; to hear from its customers how it is doing. That's the kind of receptive attitude that makes communication with your customers truly effective.</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; display:block; width:60px' ><a rel='external nofollow' href='http://www.synapseconnections.com'><img alt='' src='http://www.gravatar.com/avatar/73e573bf891e4b46e4db6c90f102993a?s=60&amp;d=http%3A%2F%2Fuse.perl.org%2Fimages%2Fpix.gif%3Fs%3D60&amp;r=G' class='avatar avatar-60 photo' height='60' width='60' /></a></span>These suggestions are good, but they talk about processes&#8230; and none of these processes will be effective if you undertake them with the wrong attitude. Conversely, if you get into the right mindset regarding customer feedback, these and many other processes will suggest themselves.</p>
<p>The absolutely essential aspect of a successful mindset is <i>being receptive.</i></p>
<p>I have worked with far too many organizations where customer feedback is dutifully collected &#8212; but then rationalized away. The first customer didn&#8217;t know what they wanted and asked for the wrong thing. The next customer&#8217;s staff was incompetent. The third customer had unrealistic expectations. The fourth customer was affected by a one-time inventory issue. A rogue salesperson promised the fifth customer too much in an attempt to close a sale and earn a bonus. And so on&#8230; explaining why none of these damaged customer relationships are any serious cause for worry.</p>
<p>Suggestion #5 above mentions after-the-fact surveys. That&#8217;s OK, but I am more impressed by the approach taken by the service department of my local Honda dealer. When I pick up my car after it&#8217;s been serviced, they say: &#8220;Soon you will get a phone call asking how satisfied you were with our service. We aim for perfect 10s, and anything less means we have failed you. If you are not <i>perfectly</i> satisfied by the service you got today, please tell us <i>now</i> so we can correct any issues before you leave.&#8221;</p>
<p>Now that&#8217;s an organization that <i>wants</i> to hear from its customers how it is doing. That&#8217;s the kind of receptive attitude that makes communication with your customers truly effective.</p>
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		<title>Comment on You know the saying about assumptions. Why are you still making them? by Customer Research: 8 Ways To Listen To Your Market</title>
		<link>http://www.therevenuegame.com/ceochallenge/03/assumptions/comment-page-1/#comment-125</link>
		<dc:creator>Customer Research: 8 Ways To Listen To Your Market</dc:creator>
		<pubDate>Tue, 06 Jul 2010 15:13:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.therevenuegame.com/ceochallenge/?p=204#comment-125</guid>
		<description>[...] written about the dangers of making assumptions and the necessity of testing assumptions that, if proven to be incorrect, could have a significant [...]</description>
		<content:encoded><![CDATA[<p>[...] written about the dangers of making assumptions and the necessity of testing assumptions that, if proven to be incorrect, could have a significant [...]</p>
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		<title>Comment on Have we entered a New Normal? Hardly. by Jim Alampi</title>
		<link>http://www.therevenuegame.com/ceochallenge/05/newnormal/comment-page-1/#comment-123</link>
		<dc:creator>Jim Alampi</dc:creator>
		<pubDate>Mon, 21 Jun 2010 00:03:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.therevenuegame.com/ceochallenge/?p=241#comment-123</guid>
		<description>I find it interesting how differently companies handle change in various parts of the U.S. The traditional heartland (Northeast to Midwest) of industrial businesses really seem to struggle with the concept of continuous change, perhaps because they rarely interview candidates for flexibility and adaptability to change. On the other hand, I run into companies in the Southwest and West Coast that designed themselves for continuous change and assessed and hired people for that model. I often wonder whether the former-type companies can ever really build in a change mentality with their existing employee population, i.e. can you re-mold an organization into a change-accepting one with the same people?</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; display:block; width:60px' ><a rel='external nofollow' href='http://www.alampi.com'><img alt='' src='http://www.gravatar.com/avatar/694c7653e00fca904402051231a2ba48?s=60&amp;d=http%3A%2F%2Fuse.perl.org%2Fimages%2Fpix.gif%3Fs%3D60&amp;r=G' class='avatar avatar-60 photo' height='60' width='60' /></a></span>I find it interesting how differently companies handle change in various parts of the U.S. The traditional heartland (Northeast to Midwest) of industrial businesses really seem to struggle with the concept of continuous change, perhaps because they rarely interview candidates for flexibility and adaptability to change. On the other hand, I run into companies in the Southwest and West Coast that designed themselves for continuous change and assessed and hired people for that model. I often wonder whether the former-type companies can ever really build in a change mentality with their existing employee population, i.e. can you re-mold an organization into a change-accepting one with the same people?</p>
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		<title>Comment on What are you selling? The answers may surprise you. by Jim Alampi</title>
		<link>http://www.therevenuegame.com/ceochallenge/06/messaging/comment-page-1/#comment-122</link>
		<dc:creator>Jim Alampi</dc:creator>
		<pubDate>Sun, 20 Jun 2010 23:54:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.therevenuegame.com/ceochallenge/?p=252#comment-122</guid>
		<description>I have always felt that there is a three-step sales approach with a new customer or prospect: first you have to sell yourself; that earns you the right to sell your company; and that earns you the right to sell your products/services. Reps who walk in the door selling products or services better have a totally unique solution or they are executing the process out of sequence.</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; display:block; width:60px' ><a rel='external nofollow' href='http://www.alampi.com'><img alt='' src='http://www.gravatar.com/avatar/694c7653e00fca904402051231a2ba48?s=60&amp;d=http%3A%2F%2Fuse.perl.org%2Fimages%2Fpix.gif%3Fs%3D60&amp;r=G' class='avatar avatar-60 photo' height='60' width='60' /></a></span>I have always felt that there is a three-step sales approach with a new customer or prospect: first you have to sell yourself; that earns you the right to sell your company; and that earns you the right to sell your products/services. Reps who walk in the door selling products or services better have a totally unique solution or they are executing the process out of sequence.</p>
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		<title>Comment on Have we entered a New Normal? Hardly. by Lee Drake</title>
		<link>http://www.therevenuegame.com/ceochallenge/05/newnormal/comment-page-1/#comment-121</link>
		<dc:creator>Lee Drake</dc:creator>
		<pubDate>Thu, 17 Jun 2010 19:19:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.therevenuegame.com/ceochallenge/?p=241#comment-121</guid>
		<description>I think one of the interesting things about the graphs you present here are the comparison of unemployment rates versus recessions.  The unemployment rate only completely recovers to under 6% roughly 2-3 years after a recession ends - and the full recovery down to 4% usually indicates another recession is coming.  These seem to correlate VERY closely in the graphics example.  Good thing for people looking for a job (and those looking to hire) to know.</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; display:block; width:60px' ><a rel='external nofollow' href='http://www.rochesterstartups.com/2009/04/14/the-chilling-effect-of-bandwidth-caps-on-entrepreneurial-culture/'><img alt='' src='http://www.gravatar.com/avatar/ed72d1c4d4097cb7f69cfc335720e956?s=60&amp;d=http%3A%2F%2Fuse.perl.org%2Fimages%2Fpix.gif%3Fs%3D60&amp;r=G' class='avatar avatar-60 photo' height='60' width='60' /></a></span>I think one of the interesting things about the graphs you present here are the comparison of unemployment rates versus recessions.  The unemployment rate only completely recovers to under 6% roughly 2-3 years after a recession ends - and the full recovery down to 4% usually indicates another recession is coming.  These seem to correlate VERY closely in the graphics example.  Good thing for people looking for a job (and those looking to hire) to know.</p>
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		<title>Comment on Have we entered a New Normal? Hardly. by Katharine Halpin</title>
		<link>http://www.therevenuegame.com/ceochallenge/05/newnormal/comment-page-1/#comment-116</link>
		<dc:creator>Katharine Halpin</dc:creator>
		<pubDate>Tue, 08 Jun 2010 22:56:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.therevenuegame.com/ceochallenge/?p=241#comment-116</guid>
		<description>Jane

Thanks for these great reminders. I'm going to start quoting you "Conversatons, Not Presentations".  That says it all.  I so appreciate you and Rick continuing to share your wisdom with all of us.</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; display:block; width:60px' ><a rel='external nofollow' href='http://www.HalpinCompany.com'><img alt='' src='http://www.gravatar.com/avatar/9afffa8fc2bffba3669e889e8be8c724?s=60&amp;d=http%3A%2F%2Fuse.perl.org%2Fimages%2Fpix.gif%3Fs%3D60&amp;r=G' class='avatar avatar-60 photo' height='60' width='60' /></a></span>Jane</p>
<p>Thanks for these great reminders. I&#8217;m going to start quoting you &#8220;Conversatons, Not Presentations&#8221;.  That says it all.  I so appreciate you and Rick continuing to share your wisdom with all of us.</p>
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		<title>Comment on You know the saying about assumptions. Why are you still making them? by A New Normal? Hardly.</title>
		<link>http://www.therevenuegame.com/ceochallenge/03/assumptions/comment-page-1/#comment-115</link>
		<dc:creator>A New Normal? Hardly.</dc:creator>
		<pubDate>Tue, 08 Jun 2010 14:51:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.therevenuegame.com/ceochallenge/?p=204#comment-115</guid>
		<description>[...] the March Challenge article we wrote about the importance of challenging assumptions. We’re adding it again here to put some additional context around the [...]</description>
		<content:encoded><![CDATA[<p>[...] the March Challenge article we wrote about the importance of challenging assumptions. We’re adding it again here to put some additional context around the [...]</p>
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		<title>Comment on Have we entered a New Normal? Hardly. by Lillian Coury</title>
		<link>http://www.therevenuegame.com/ceochallenge/05/newnormal/comment-page-1/#comment-114</link>
		<dc:creator>Lillian Coury</dc:creator>
		<pubDate>Mon, 07 Jun 2010 16:41:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.therevenuegame.com/ceochallenge/?p=241#comment-114</guid>
		<description>I wholeheartedly agree with CHANGE being the only constant...and best business practices demand that we review all that you suggest, to keep our edge sharp and play the game well.

I'll add two points:

When I say business "practices", these are all the things The Revenue Game and Jane suggest in this article...and I make the point that the purpose of practice is to practice!  It's vital to the health of any organization:  to practice, and practice some more, the habits and reviews and relationship building tasks that ensure success.

My second point is need for clarity in all practices.  Given change is the constant, clarity around what you really want, now and in the future, from yourself and others, from your business, from the next meeting or presentation, needs to be clear in your mind.  Then it needs to be clearly stated and articulated so others can get on board...and take effective actions to achieve the results for success.

Thanks for making the game of business so appealing and clear!</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; display:block; width:60px' ><a rel='external nofollow' href='http://www.lilliancoury.com'><img alt='' src='http://www.gravatar.com/avatar/2b0c23b73f33f978143aa9d4a0fffd17?s=60&amp;d=http%3A%2F%2Fuse.perl.org%2Fimages%2Fpix.gif%3Fs%3D60&amp;r=G' class='avatar avatar-60 photo' height='60' width='60' /></a></span>I wholeheartedly agree with CHANGE being the only constant&#8230;and best business practices demand that we review all that you suggest, to keep our edge sharp and play the game well.</p>
<p>I&#8217;ll add two points:</p>
<p>When I say business &#8220;practices&#8221;, these are all the things The Revenue Game and Jane suggest in this article&#8230;and I make the point that the purpose of practice is to practice!  It&#8217;s vital to the health of any organization:  to practice, and practice some more, the habits and reviews and relationship building tasks that ensure success.</p>
<p>My second point is need for clarity in all practices.  Given change is the constant, clarity around what you really want, now and in the future, from yourself and others, from your business, from the next meeting or presentation, needs to be clear in your mind.  Then it needs to be clearly stated and articulated so others can get on board&#8230;and take effective actions to achieve the results for success.</p>
<p>Thanks for making the game of business so appealing and clear!</p>
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		<title>Comment on The Cost of Chaos by Rick McPartlin</title>
		<link>http://www.therevenuegame.com/ceochallenge/02/costofchaos/comment-page-1/#comment-113</link>
		<dc:creator>Rick McPartlin</dc:creator>
		<pubDate>Thu, 03 Jun 2010 21:13:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.therevenuegame.com/ceochallenge/?p=188#comment-113</guid>
		<description>Larry,

Thanks for those on target comments.  

The challenge is truly to speak up in a compelling way about the emperor’s cloths when the emperor is making a lot of money and does not believe they need to change.

As you say we can tell the difference between sound, balanced and sustainable businesses and bubbles.  That is we can tell the difference if we are willing to ask the hard questions, apply the principles, best practices and metrics from revenue science.  Leaders need to implement revenue strategy consistent with what the market and “Mother Economy” has taught us over all these years and avoid the trap of temporary success for long-term sustainability.

Thanks and keep banging the drum and helping leaders to see the difference between the science of predictable and profitable revenue growth and dangers of bubbles.

Thanks,

Rick</description>
		<content:encoded><![CDATA[<p><span class='eg-image' style='float:right; display:block; width:60px' ><a rel='external nofollow' href='http://www.therevenuegame.com'><img src="http://www.therevenuegame.com/ceochallenge/wp-content/uploads/userphoto/rickmcpartlin.thumbnail.jpg" alt="Rick McPartlin" width="80" height="80" class="photo" /></a></span>Larry,</p>
<p>Thanks for those on target comments.  </p>
<p>The challenge is truly to speak up in a compelling way about the emperor’s cloths when the emperor is making a lot of money and does not believe they need to change.</p>
<p>As you say we can tell the difference between sound, balanced and sustainable businesses and bubbles.  That is we can tell the difference if we are willing to ask the hard questions, apply the principles, best practices and metrics from revenue science.  Leaders need to implement revenue strategy consistent with what the market and “Mother Economy” has taught us over all these years and avoid the trap of temporary success for long-term sustainability.</p>
<p>Thanks and keep banging the drum and helping leaders to see the difference between the science of predictable and profitable revenue growth and dangers of bubbles.</p>
<p>Thanks,</p>
<p>Rick</p>
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