Resources
If you're clear on the fundamentals, skip to the chapters on design and implementation. Here you'll learn why and when to use process-driven and outcome-based incentives and how you can structure them to get the biggest bang for your buck. "Poorly designed plans well implemented do better than well-designed plans poorly implemented," writes McAdams. "However, there is never a reason to settle for bad design." This book should save you from that fate.
Hands On, pages 84 to 97
Manager's Notebook: Noteworthy
The National Workforce Assistance Collaborative (NWAC) promotes workforce training at small and midsize businesses. Check out NWAC's resource guide on the Internet for information on state training grants. Or contact Kathy Stuart at the National Alliance of Business at 202-289-2915.
Collections: Get Paid Promptly
Accounts Receivable: How to Tame the Beast packs an incredible amount of useful suggestions into a free five-page brochure, published by Dun & Bradstreet Information Services (800-333-6497). Ignore D&B's sales pitch for its receivables-management division and focus on the guide's usable strategies, such as "do something every 20 days." (It even gives you some ideas.) The brochure should motivate even those CEOs who are afraid they'll lose customers by focusing too hard on collections.
Championship Collections: How to Squeeze Blood from a Turnip, by David and Martin Sher (Paradigm Press, 212-879-6486, 1995, $25), is written by brothers who are experts in the collection field. Their advice can be painfully obvious, but the 190-page book is chatty and full of good ideas on matters such as how to respond when problem payers cry poor. The first chapter, "Why You Have Bad Debts," is eye-opening.
Marketing Strategy: Focus, Focus, Focus
Many books have been written about finding a niche or segmenting a market. But too many of those how-to tomes are forgettable (like the recent Nichecraft) or hopelessly academic (witness such titles as Gerontographics: Life-Stage Segmentation for Marketing Strategy Development). The best way to learn about this topic (aside from experience) is to study the successes and failures of others.
Focus: The Future of Your Company Depends on It, by Al Ries (HarperCollins, 800-242-7737, 1996, $25), does a good job of covering the foibles of IBM, Sony, and other huge companies that have struggled to expand beyond their expertise. How do you know you're not following in their footsteps? Chapter 15, "Fifteen Keys to a Long-Term Focus," provides a handy checklist. Unfortunately, Ries doesn't focus on how growing companies have gone astray. Main Street Muffins, which ran aground trying to expand its retail and wholesale operations, is one of the few small companies profiled--briefly.
" Say When" (Inc., February 1995) goes into more depth on Main Street Muffins.
The Discipline of Market Leaders, by Michael Treacy and Fred Wiersema (Addison Wesley, 800-822-6339, 1995, $25), also draws on big-company case histories to illustrate how to narrow your focus. The book is now available on audiotape, read by the authors, from Soundelux/The Mind's Eye Audio Publishing (800-227-2020) for $19.95.
"Know Your Place," by Michael Porter (Inc., September 1991), includes a rundown of the "Five Fatal Flaws" small-company owners make in trying to find their competitive advantage.
Computer Networks: Intranets Explained
The Corporate Intranet, by Ryan Bernard (Wiley Computer Publishing, 800-225-5945, 1996, $29.95), explains more than most managers will want to know--including excruciating details on how to program and administer a site--but by flipping around the book, you can find the answer to any question you have about intranets. For a quick lunchtime read at the bookstore, turn to the section on page 333, which starts, "Yeah, but what's it going to cost me?"
Read more:
Sign-up for our Sales and Marketing Newsletter
ADVERTISEMENT
FROM OUR PARTNERS
ADVERTISEMENT
Select Services
- Forced to pay more?
- Salesforce costs up to 65% more than Microsoft Dynamics CRM. Compare.
- Collaborate in the cloud with Office, Exchange, SharePoint and Lync videoconferencing.
- Begin your free trial at Microsoft.com/office365
- Get on the same page
- Show and tell by sharing your screen instantly at join.me. Free.
- Shred No-Handed!
- Hands Free Shredding From Swingline Lets You Do More Productive Things!
- Winning new customers?
- SMB experts share their secrets at PersonallyPB.com/smb
- Turn Fans into Customers
- Social Campaigns from Constant Contact. Sign up now - it's free!



