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	<title>Consensio Business Navigators™ &#187; small business</title>
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	<description>Intangible Assets in Business &#38; Design</description>
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		<title>Marketer Profiles for SME’s (PART 2)</title>
		<link>http://www.consensio.com.au/archives/386</link>
		<comments>http://www.consensio.com.au/archives/386#comments</comments>
		<pubDate>Sun, 21 Feb 2010 05:50:21 +0000</pubDate>
		<dc:creator>consensio</dc:creator>
				<category><![CDATA[brand]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[creativity]]></category>
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		<category><![CDATA[intangible asset]]></category>
		<category><![CDATA[intangible assets]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[SME]]></category>
		<category><![CDATA[sustainable competitive advantage]]></category>
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		<guid isPermaLink="false">http://www.consensio.com.au/?p=386</guid>
		<description><![CDATA[It may sound like a recruiter's job only, but the matter of fact is, your marketing success will be determined by the skill set and experience of the person in charge of your SME marketing.]]></description>
			<content:encoded><![CDATA[<h3>Choosing the Profile of SME marketers in your organisation</h3>
<p>It may sound like a recruiter&#8217;s job only, but the matter of fact is, your marketing success will be determined by the skill set and experience of the person in charge of your marketing. As such, you should take a keen interested in finding the person with the right profile for your SME. <span id="more-386"></span>As discussed earlier, in SMEs marketers have a generalist profile, but even the most broad knowledge does not cover all aspects that are necessary to connect to the target audience on an initial shoestring budget.</p>
<h3>Hiring for the start-up phase</h3>
<p>You want a person who can market plan and understands the value of organising not only your planning, but comes well connected to local vendors when it is time to implement activities. It is important to start off with a strong brand development. The marketer in the start-up phase can either develop brands (has a creative background, e.g., comes with a job title like &#8216;art director&#8217;) or is a marketing manager who can direct an outsourced team to develop the brand in accordance with your market strategy. This includes knowledge or access to market research so that the brand development is grounded in real world needs and wants of your customers. Don&#8217;t fall in the trap of thinking that all you need is a logo for your business cards, unless you are not serious of building a company brand that gives you return on investment.</p>
<p>A person with strong creative background may give your visual market presence the edge if you are in life style industries, however, if you are manufacturing widgets or other commodity products, you may want to consider a B2B (business-to-business) marketer with a commerce degree who understands the ins and outs of B2B marketing and out sources the creative parts on your behalf.</p>
<p>SME brands are now in a fortunate position to have low-cost, far-reach digital tools at their communication disposal but it requires some dedication and expertise to leverage them. Most of all, after the start-up phase, marketing is about widening the appeal and building on existing equity internally and externally of your business. You might find, that your start-up brand builder or manager does not want to continue in a monitoring role, or that stewardship and control is not their cup of tea. Find a supplement or replacement for the next phase in your company life cycle.</p>
<h3>Hiring For Growth</h3>
<p>This is the phase when initial ground work has been done, the company should have a brand identity and marketing direction. And a pretty good understanding who their customers and competitors are and will be. The creative part now involves planning and steering the brand. Stewardship is replacing development for the most part of the marketer&#8217;s SME role. Budget presentation, market research and campaign planning are the forte of SME marketers in a business growth phase.</p>
<p>The role is working closely with your sales department (where applicable) and influences service delivery and internal brand building (internal brand building: connecting your brand with your employees). How much of the stewardship can and should reside in one person depends on your growth plans and business strategy. As mentioned in part 1 of this post, its about skill distribution and industry fit.</p>
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		<item>
		<title>Marketer Profiles for SME&#8217;s (PART 1)</title>
		<link>http://www.consensio.com.au/archives/361</link>
		<comments>http://www.consensio.com.au/archives/361#comments</comments>
		<pubDate>Sun, 03 Jan 2010 06:49:14 +0000</pubDate>
		<dc:creator>consensio</dc:creator>
				<category><![CDATA[brand]]></category>
		<category><![CDATA[brands]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[decision making strategy]]></category>
		<category><![CDATA[HR]]></category>
		<category><![CDATA[marketer]]></category>
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		<category><![CDATA[Marketing Human Resources]]></category>
		<category><![CDATA[personnel]]></category>
		<category><![CDATA[skill set]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[SME]]></category>
		<category><![CDATA[sustainable competitive advantage]]></category>
		<category><![CDATA[type of marketer]]></category>
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		<guid isPermaLink="false">http://www.consensio.com.au/?p=361</guid>
		<description><![CDATA[The difference between Corporate and SME marketer's skill sets.]]></description>
			<content:encoded><![CDATA[<p>Earlier on we discussed that marketers profile should support the firm&#8217;s intent, life circle stage and further its competitive advantage.<span id="more-361"></span></p>
<h3>PROFILE: Senior Marketer, Corporate</h3>
<p><a href="http://www.consensio.com.au/wordpress/wp-content/uploads/2008/2010/01/Female-2.jpg"><img class="alignleft size-medium wp-image-374" title="Marketer Hero" src="http://www.consensio.com.au/wordpress/wp-content/uploads/2008/2010/01/Female-2-184x300.jpg" alt="" width="184" height="300" /></a></p>
<p>In a larger organisation, the marketing department consists of a team of marketers who have complimentary administrative and strategic skills. Senior marketers are often strategic planners who are guiding the company.</p>
<p>Under their leadership, junior staff are collecting market research, research competitors and execute and administer the marketing plan. Brand development and advertising in most cases is outsourced. Corporate Marketing&#8217;s overarching objective is stewardship of the brand.</p>
<h3>PROFILE: Senior Marketer, SME</h3>
<p><a href="http://www.consensio.com.au/wordpress/wp-content/uploads/2008/2010/01/marketer3.jpg"><img class="alignleft size-medium wp-image-380" style="border: 1px solid black; margin: 3px;" title="SME Marketer Hero" src="http://www.consensio.com.au/wordpress/wp-content/uploads/2008/2010/01/marketer3-208x300.jpg" alt="" width="208" height="300" /></a></p>
<p>In SME&#8217;s this is usually a combined skill set resting within one person. This person should have both, administrative and strategic skills. This is very difficult to find, as the marketing field requires a large set of skills and people tend to specialise in one of the areas of marketing expertise as typically required by larger organisations. Often SME senior marketers have a stake in the company and spearhead their investment.</p>
<p>Senior marketers are on board either from the early start-up phase or when the company hits the financial glass ceiling where further growth is only possible with customer relation management, positioning strategy and regular budgeting. SME owners have to identify whether the marketer has the right skill set to transit from strategic to administrative task set and back.</p>
<p>We commonly see  job ads asking one marketer &#8216;to design ads&#8217;, &#8216;create brochures&#8217; write marketing plans&#8217;, &#8216;liaise with sales teams&#8217;,  &#8216;conduct research&#8217; and &#8216;manage events&#8217;. The &#8216;on a shoestring, one size fits all, versatile and exciting busy role&#8217; approach is asking for the amalgamation of &#8216;Graphic Designer&#8217;, &#8216;Marketing Manager&#8217;, &#8216;Marketing Analyst&#8217; and &#8216;Events Coordinator&#8217; in one person.</p>
<p>Would you trust the effective and timely delivery of your service order from one single person attempting to explore, survey, mine, quote and sell gold from the mine you own? In the next part we discuss more on the profile of SME marketers.</p>
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		<item>
		<title>Experimenting with new media</title>
		<link>http://www.consensio.com.au/archives/306</link>
		<comments>http://www.consensio.com.au/archives/306#comments</comments>
		<pubDate>Wed, 11 Nov 2009 16:00:04 +0000</pubDate>
		<dc:creator>consensio</dc:creator>
				<category><![CDATA[Work]]></category>
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		<category><![CDATA[playful]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[SME]]></category>
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		<category><![CDATA[sustainable future]]></category>

		<guid isPermaLink="false">http://www.consensio.com.au/?p=306</guid>
		<description><![CDATA[Experimenting with new media]]></description>
			<content:encoded><![CDATA[<p><script src="http://wanimoto.clearspring.com/o/46928cc51133af17/4afade2426257b3e/46928cc51133af17/b99e04b3/-cpid/f353b82ca4a15afd/-EMH/240/-EMW/432/widget.js" type="text/javascript"></script></p>
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		<title>Quality and Size Matter</title>
		<link>http://www.consensio.com.au/archives/65</link>
		<comments>http://www.consensio.com.au/archives/65#comments</comments>
		<pubDate>Fri, 21 Nov 2008 11:12:04 +0000</pubDate>
		<dc:creator>consensio</dc:creator>
				<category><![CDATA[Work]]></category>
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		<category><![CDATA[business coaching]]></category>
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		<category><![CDATA[strategy]]></category>
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		<guid isPermaLink="false">http://www.consensio.com.au/?p=65</guid>
		<description><![CDATA[...because he wanted to give quality care and therefore spend more time on patients instead of chasing the dollars to see more patients in shorter time.]]></description>
			<content:encoded><![CDATA[<p>My recent visit to a doctor ended in an interesting conversation with him about his concerns on how to grow his practice. He asked me if there was something wrong with is business attitude, because he wanted to give quality care and therefore spend more time on patients instead of chasing the dollars to see more patients in shorter time.<span id="more-65"></span></p>
<p>Whilst the Western Australian quality of health care debate continues to rage, his small business is making him enough money to cater for his personal need. Apart from his ethos, I admire his dedication to find out whether there was something wrong with his business practice. The niggling feeling can be examined by him without attending a &#8216;free business mentoring&#8217; seminar.</p>
<p>No matter how small the practice and how busy you are, ask yourself:</p>
<ul>
<li>What is your vision about this business? Why does it exist?</li>
<li>Do you want to stay this business size for the foreseeable future or do you maybe consider expanding in 2 or 3 years time?</li>
<li>Do you have a one-page-business plan?</li>
<li>Can you compare yourself to at least 3 other direct competitors and do you know their strength and weaknesses?</li>
<li>Are there appropriate international industry examples you can learn from?</li>
<li>What is your succession plan?</li>
<li>How long is your cash flow holding up and when do you need to increase your marketing?</li>
<li>What kind of clients do you want and what do you want them to tell others about you?</li>
<li>What are your passive streams of income?</li>
<li>How do you market yourself and what is your expenditure allocation per year?</li>
<li>How do you know your marketing works for you?</li>
<li>Who are your allies?</li>
</ul>
<p>If there is one &#8216;I don&#8217;t know&#8217; you reply to any of these questions, <a title="email consensio" href="mailto:braincells@web.de" target="_blank">drop me an email</a> or leave a comment so we can discuss further.</p>
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		<title>Better decisions in small firms</title>
		<link>http://www.consensio.com.au/archives/21</link>
		<comments>http://www.consensio.com.au/archives/21#comments</comments>
		<pubDate>Sun, 09 Mar 2008 03:18:26 +0000</pubDate>
		<dc:creator>consensio</dc:creator>
				<category><![CDATA[Study]]></category>
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		<category><![CDATA[consensio]]></category>
		<category><![CDATA[decision making strategy]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[small firms]]></category>
		<category><![CDATA[sustainable competitive advantage]]></category>

		<guid isPermaLink="false">http://www.consensio.com.au/archives/21</guid>
		<description><![CDATA[Should they just invest in 'tangible asset' creation and development? And when and how is the time ripe for 'intangibles'?]]></description>
			<content:encoded><![CDATA[<p>As I discussed in my earlier post about the Intangible Asset Value Chain, small firms and start-ups are particularly exposed to the &#8216;chicken and egg&#8217; situation. Should they just invest in &#8216;tangible asset&#8217; creation and development? And when and how is the time ripe for &#8216;intangibles&#8217;?</p>
<p>To clarify this, we firstly need to look closer at small business research.  Although over 96% of Australian businesses are employing less than 20 people, the majority of management recommendations and findings is deducted from academic research into large industry organisations.</p>
<p>This is pretty much the case for the US, Japan and other industrialised countries as well.<span id="more-21"></span><br />
Secondly, as <a title="Verreyenne" href="http://www.consensio.com.au/references" target="_blank">Verreyenne (2006, 220)</a> points out, the lack of suitable measurement tools and best practice study courses hinder small business owners to integrate strategic management into their daily practice.</p>
<h3>Small Business Strategy Types</h3>
<p>Strategic Decisions in small businesses are usually following the &#8216;rational decision-making model&#8217;, which is for example used to obtain financials through a business plan.</p>
<p>A less stringent approach is called <em>adaptive</em> or <em>logical incremantalism,</em> which means that management is providing a broad directive and employees follow through with detailed actions.</p>
<p>The other form of strategy is dubbed <em>vision</em> or <em>umbrella</em> strategy, as it employs involvement of external stakeholders that may have influence on the small business.</p>
<p>The <em>command</em> strategy approach, you guessed it, means that the owner or senior executives exercise complete control over the firm. However, the <em>intrapeneurial</em> form of strategy-making is the opposite and inclusive of employee input.</p>
<h3>Small Business Strategy Applied</h3>
<p>Martie-Louise Verreyenne researched previous small business findings. She observed that researchers only reported whether small businesses made rational strategy decisions, and not whether they engaged any other strategies. She tested all above described strategy modes and the results are summarised as follows:</p>
<ol>
<li>Pure rationality may not at all occur in small firm decision making, therefore, academics are better off using different models to describe and measure small businesses</li>
<li><em>Adaptive, intrapeneurial, participative </em>and <em>simplistic</em> modes of strategy making are primarily used</li>
<li><em>Simplistic</em> mode means the owner/manager bases her/his approach on previous strategy making without previous analysis of the environment. She found and a strong link to actual firm performance</li>
<li>Internal and external stakeholders play a more important part in small firm strategy than previously thought</li>
<li>In small firms, value and culture are successfully driving a participative strategy mode, unlike in large organisation, were participative styles are more likely to lead to politics and negativity.</li>
</ol>
<h3>The learnings small business owners/managers can take from this are manifold-</h3>
<ul>
<li>Leadership styles of owners/managers matter. The more you as a leader are aware of your behaviour and actions, the more likely decision-making is fruitful. Continue to learn something about yourself and others</li>
<li>Input from internal (your staff) and external (your suppliers, friends, family and investors) does matter. Different angles help to make better outcomes. Play Devil&#8217;s Advocate more often</li>
<li>Gut-feel matters. Verreyenne specifically states, that <em>simplistic</em> decision-making is made without the sophisticated scenario-rendering tools of big business and yields results for small business</li>
<li>Value and culture of your small firm matters. Sit down with your staff and ask them what (apart form the money) gets them out of bed and makes them join your company environment every day.<br />
Friday afternoon get-togethers (with or without alcohol) and networking opportunities don&#8217;t have to cost the world, but can cement a better work climate. Do you know how your staff see your future as a company?</li>
</ul>
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