Measuring Your Way to Success

Are you a motivational speaker who consistently gets rave reviews yet your ratio of speaking to return rate is not where you would like it to be? Perhaps you are a trainer whose delivery is complimented time and again, and yet you are only being asked by 10 to 20% of the clients you see for a repeat performance?

Are you starting to think that there is something wrong with your message or delivery despite the rave reviews? Maybe you were wondering if your fee is too steep. That may be a valid concern when organizations are faced with discretionary spending, but the rule of thumb is that you are only charging too much if more than 1 in 5 people complain about it. So, if that is not the case what else could it be?

Stumped? Well, I believe I have the answer to your questions and it has nothing to do with either of these scenarios and everything to do with metrics.

If you care to read on, I will shed some light on WHY this buzz word is so important for you to understand, and how you can use the information in this article to increase your business, get ahead of your competition and immediately raise the ratio of clients who call you back for repeat business.

Companies who have introduced performance management cultures into their organizations have been found to have higher profits and stronger market performance. Performance management is the terminology being used in industry today to measure performance against business goals and employee competencies. Is it any wonder then, that if what you are "selling" is not clearly defined in terms of measurable performance markers or proven sustainable outcomes, then your deliverables are of little use to an organization that is looking for that which can be clearly measured..

Organizations are measuring everything from employees skill levels, how many complaints they receive in a given week to how many sick days does an employee take in a given month.. Think about this for a moment. If either you or the person who hired you cannot report measurable performance outcomes for your performance or training program then this may be where the crux of the problem lies. Budgets are dearly coveted and success must be proven and measurable if the coffers are expected to open again. Do you know what success means to you and what it would look like for the organization you just left all hyped and motivated? When it comes to measuring your performance outcomes it is very important that you ask the company exactly what deliverables they are looking for and how BOTH of you are going to know if they have been met.

Before you get on stage, it is vital that you sit down with the company representative and determine what outcomes the organization is looking for, how they will be measured and what would success look like when achieved! For example, let's say you are a speaker who specializes in time management. Some measurable outcomes may look like this:

a.) Work is not piled up on desks, chairs, floors

b.) More work is completed on time

c.) employees work less overtime and you pay less overtime

d.) employees understand how to use identify what is important

e.) Less time off due to exhaustion

These are the kinds of outcomes that you and the company would decide together BEFORE you speak. They are measurable, and they are sustainable. Are you starting to understand?

If you have been following and/or embracing the industry trend for performance measurement these days, then you may be familiar with the studies that have already been conducted on the effectiveness of training with and without coaching. If not then please pay attention to this, because it is very important What you may not know, is the amazing difference that adding 8 weeks of coaching will make to your bottom line in terms of measuring the implementation of your ideas and training.

Organizations that offer training without coaching result in a 22 % improvement, but add 8 weeks of coaching on to that, and the results are a staggering 88% in overall improvement and change.

These days another industry buzz word is ROI or return on investment. In a study conducted by MetrixGlobal, they actually showed that Coaching produced a 529% return on investment as well as significant intangible benefits to the business. When the financial benefits from employee retention were added into the mix, coaching actually boosted the overall ROI to 788%... (Merrill Anderson [merrilland@metrixglobal.net])

Can you imagine being able to offer your clients a proven measurement of 88% in performance enhancement and a 788% ROI? No organization wants to spend thousands of dollars on a speaker or trainer, only to have all that great learning and enthusiasm go out the window within a few days.

For the past 25 years, I have been employed in both private and public sector organizations, working to enhance Leadership and management competencies, envision strategic direction, implement quality service standards, and introduce programs and initiatives that would advance and address organizational wellness and employee morale.

I KNOW how organizations find speakers and trainers and why they ask them to come back or not, because for many years, I was the one in charge of hiring them. My role was to decide on the learning outcomes for the organization, measure the effectiveness of the speaker and the event, and then deliver these numbers to our senior management committee. Whether or not we had this speaker back or even had a budget for another event, depended largely upon the results reported in my feedback! Let me stress this one more time "No organization wants to spend thousands of dollars on a speaker or trainer only to have all that great learning and enthusiasm go out the window within a few days"!

Not only is it time for you to measure for success but if what you are offering to your clients will enhance employee performance or ease the change process and boost organizational wellness,then don't you owe it to your clients to stick around and help them make the transition? Wouldn't it be great to know that your ideas have been implemented, institutionalized and ingrained into the corporate culture?

Challenge yourself to re-examine your business model and think about adding a 12 week coaching component to your package. If hiring you is a numbers game, and re hiring is based on proven performance metrics, then having a track record of 88% in performance enhancement will guarantee an easing of the corporate purse strings. Asking you back just became a whole lot easier, because you now have measurable proof of your successes. Your clients will be astounded by not only your metrics but more importantly the real changes that are going to take place as a result of implementing your best practices.

According to Hay Group,

"To be successful in today's ever-shifting market, people count for more -- they can make or break the best business strategy, be the driver or brake in adopting new technologies. People are not an implementation issue, nor just an operational or strategic asset. People are the raw resource around which business success revolves."

I hope that after reading this article you feel that adding "12 weeks of supportive coaching" to total package makes good business sense,for not only you but your clients as well.

Coach Frankie Picasso is a Change Management & Vision Coach who works with organizations and individuals to take the Fear out of Change and replace it with excitement and passion for a future filled with infinite possibilities. She is a member of the ICF, as a business and personal life coach. She is also a trainer with the International Coach Academy, a motivational speaker,consultant and author. You will hear Frankie ask time and again?. "So, what's it going to be -Mission Impossible, Mission Improbable or Mission Unstoppable? If you choose Unstoppable, then Coach Frankie will bring you all the way home. http://www.conversationwithmyshoes.com Frankie999@rogers.com 905 495 3699

In The News:


pen paper and inkwell


cat break through


Franchise Territories for Mobile Businesses; Why Limitations

In franchising an individual desirous of their own business will... Read More

Is Your Success Predetermined?

Your on-line success is based on your efforts and yours... Read More

Measuring Your Way to Success

Are you a motivational speaker who consistently gets rave reviews... Read More

Entrepreneurs Ask: What Can a Virtual Assistant Do For Me?

Great question!Freeing your time is an indisputably key element in... Read More

Small Business Failures in America - Cash Flow Issues

We are noticing an increase in the length of time... Read More

Starting Your Small Business

Where do you find more customers?How do you compete with... Read More

1 Overlooked Key to Small Business Success

Is this you?You dreamed of owning your own business, doing... Read More

Leveraging Business Relationships for more Profits

When should you leverage the relationship?Leveraging sometimes brings a negative... Read More

How To Cut Expenses And Manage Your Business

If you own a small business, you should know that... Read More

Building A Business That Works For You

Before you want to build your business, you need to... Read More

Pressure Washing Business and Post Fire Cleanups

Many have not experienced a fire up close. One year... Read More

Self-Employment: Do you know the Difference between Rates and Wages

The difference between rates and wages is not always clear... Read More

Pressure Washing Business Case Study, Tractor Cleaning

So often small service businesses fail to exploit niches, which... Read More

Top Ten Tips for Leveraging Conferences for Big SUCCESS!

As I am preparing for my attendance to the CoachVille's... Read More

How to Give FREE Advice and Make Money

When is advice free and when should you charge for... Read More

Employee Relations Manual Sample Outline

Most smart entrepreneurs and all large corporations have Employee Relations... Read More

Private Investigator Tactics

A Private Investigator is a professional trained in the art... Read More

Expanding Franchisee Advice

Franchisor expansion policies are not as simple as one might... Read More

Is It Recess Yet?! Confessions of a Self Employed Workaholic

I have a confession to make. My name is Caroline... Read More

Top 10 Rules for Small Business Success

1. TargetYou are not all things to all people. Decide... Read More

Pressure Washing at Golf Courses

There are many potential niches for pressure washing companies that... Read More

Business Checks are an Added Cost to Your Small Business - Try Making Them Yourself!

Starting and managing a small business is no fun chore,... Read More

Dealing With a Crooked on the Take Government Worker

Many government department heads are on the take. Oh they'll... Read More

6 of 1, Half Dozen of the Other

Motivational author and speaker Jim Rohn says that for a... Read More

Basic Psychology of Franchisee Ownership and Expansion

If you are a franchisee of a large franchise system;... Read More

How To Create A Business Note That Is More Attractive To A Note Investor

You are selling your small business (business value under $1... Read More

Financial Dose for Business

The goals of businesses have undergone much evolution from the... Read More

When and Why YOU Are the Best Writer for Your Business Plan

WHEN you are operating or planning a small business that... Read More

Doing Business With Friends: Five Tips for Preserving the Friendship... and Your Sanity!

My colleague, Jane, recently lamented to me an all too... Read More

Four Reasons Why Small Businesses Succeed (or Fail)

The American system of business management has been admired and... Read More

Small Business - Would You Still Need An Accountant If You Didnt Need A Tax Return?

After over thirty years advising small business it still comes... Read More

Banking and Company Credit Card Policies for Small Business

Does your small business have a banking and credit card... Read More

5 GREAT WAYS to Gain New Contacts

What are the 5 best ways to gain new contacts?There... Read More