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How to Deal with Stale Employees in Your Agency

One of the most heartbreaking realities in agencies today is what I call stale employees. These are employees that usually have been on your staff a long time and were a wonderful fit for your agency back in the day.  But today, they really aren’t pulling their weight, their attitude is slipping or you just don’t have as much use for their skill set as you used to. The other unfortunate byproduct of this type of employee is that the rest of your staff is either working around the stale employee’s lack of skills or they are resentful of them because they have slacked off but are still getting paid a pretty penny. Neither helps your agency be the best it can be.   It’s a tough, emotional situation. These are people who have been loyal to you for a long time. But the truth is, they aren’t worth what you are paying them. In this solocast, I give you some tangible steps to move that stale employee either out the door or back to becoming a productive part of your team again. What you can learn in this solocast: Stale employees: how to recognize them and why they’re holding your agency back Can these employees be saved? It’s a firm maybe How to have the necessary conversation with stale employees — you owe them honesty The kinds of goals to set to see measurable change and growth before determining their place inside your agency The costs to you as an agency owner for working with stale employees to up their game How to recognize if you really do have to let the employee go How to make a decision while realizing that you aren’t [...]

March 28th, 2016|

Strategies for Increasing Employee Success in Your Agency with Art Boulay

Whether you want to improve the skill, leadership and commitment levels of your current team to elevate them to be the best they can be or you need to add a superstar to your roster – you have to be able to assess their skills, attitudes, behaviors and motivations. How do you make increasing employee success happen? Most agency owners are not development or hiring experts. How do you determine if you have the right people in the right seats? How do you know you’re hiring not just the right person, but the right person for your agency? Do you just go with your gut and hope things will work out for the best?   Having the wrong person in the wrong seat or hiring a bad fit employee will cost you about nine months of their loaded salary. And that’s before you factor in the potential risk of losing a client or team members. My podcast guest, Art Boulay can ease some of this angst by offering common sense solutions for hiring better employees and making current employees stronger. He does this through a series of assessments both of current employees and prospective hires to help you keep your agency on track and moving forward. Art and I discuss the ins and outs of employee acquisition and retention.  Amongst other things, we cover: Assessment tools for hiring the right employee lead to more objective and effective hiring How Art’s tools can assess agencies, what makes them unique, and how that will help to find the right future employees From hire to retire: what employers and employees should do to ensure that employees don’t leave right away The strategies for increasing employee success in any [...]

March 21st, 2016|

Defining your agency, with Jami Oetting.

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] Jami Oetting is the editor of Hubspot’s Agency Post, which is a blog for advertising and marketing agency professionals. She led the launch of the publication in 2011 and its growth before Hubspot acquired it in 2013. Hubspot works with about 2,500 agency partners and about 15,000 customers worldwide. Now, Jami’s blog is one of the largest blogs for agency professionals. It offers incredible content to help agency leaders grow their business.     What you’ll learn about in this episode: How agencies can and should be getting clients now that we’re not bound by geography Why getting business through referrals is still viable — but why the source of those referrals is changing Why buyers have as much if not more information than sellers and what that means for your agency Using inbound marketing to attract the right kind of clients (and turn away the wrong ones) Why you need to stick with inbound marketing content creation Why you absolutely must specialize on a niche if you want to survive Why you will struggle to attract great employees if you don’t have a strong new business plan Why you need someone on your team who is responsible for marketing your agency How to come up with content for your blog Why interviews are a great way to create content What agency owners can do right now to get the ideas from this podcast into place   The Golden Nugget: […]

March 7th, 2016|

How to Develop a Compelling Value Proposition and Differentiate Your Agency from Others

A potential client asks you to describe your agency. How do you communicate your compelling value proposition to the client and differentiate your agency from others? Quick – what makes you stand out in the agency crowd? Do you find yourself using words like full service, strategic, creative? Or maybe you say, “We partner with our clients.” “We've been here for X number of years.” “We’re not a traditional agency.” “We don't do digital, we are digital.” Unfortunately, the truth is, whether you like it or not, you sound just like every other agency out there. Even if we think we're standing out in a crowd, we tend to sound very much the same. We all believe that we sound distinct but the truth is our words all blur with the same phrases that every other agency uses. So how do you truly develop a compelling value proposition and differentiate your shop when the competition is getting tougher and tougher and we sound and look more and more alike? By clearly defining your mission, vision and values. In this solocast, I help you flesh that out by exploring: How to communicate a compelling value proposition to your clients by telling your own story via content. How to put a stake in the ground and say this is what we do and how and why we do it. How to answer the following big questions: Why do you do this work? What is your why? What would happen to the world if your agency simply faded from existence? How to specifically define your mission, your vision, and your compelling values. Drew McLellan is the Top Dog at Agency Management Institute. He has also owned and operated [...]

February 22nd, 2016|

Hey agency owner — can you run an agency without any employees?

Can you run an agency without any employees? You're about to find out. Recently I received an email which in essence asked how feasible it was to run an agency without employees.  I thought it was a worthy discussion to share here. Here's the question I was asked:  In the last year or so I've noticed more and more agencies that have an organizational structure like this: a strategist or two lead the agency, do new business, do client strategy and service. And the design, technical work and production is done by virtual assistants. This seems to be a particularly popular model with agencies that are Hubspot partners (or partners with other marketing software vendors) or focus on inbound / content marketing. I'd love to hear your experience on this. Particularly, where you see this model working well and where you see the more traditional agency model (a model fully staffed with strategists, account people, creative, etc) working well. My answer: I see this model working with smaller agencies that deliver something that is almost formulaic — like SEO or email automation.  If you can sell it like a product/package — it may work. Typically these agencies are smaller, could be virtual and have little to no staff. They are also at great risk of being commoditized. But for an agency that wants to dig into strategy and really be at the decision making table (in contrast to the more order taking product/package model) it’s really not effective. I don’t believe account people (AE/strategist — whatever you want to call them) are great new business people.  In most cases, they lack the sophistication in business acumen to truly have the kinds of conversations that CEOs/CMOs want [...]

February 20th, 2016|

Hey agency owner — 2016 Content Conferences for Agencies

I recently had an AMI agency ask me which 2016 content management conferences for agencies I would recommend they consider putting into the budget. First -- bravo to the agency for actually baking professional development into their budget.  Most agencies underspend in this area and it costs them their best talent. A recent survey showed that agency employees consider being sent to a workshop, conference or other professional development opportunity as being equal to a 17% raise. Whether they are telling you or not -- your people want to keep getting better.  You have a responsibility and frankly it's just smart business, to help them sharpen their saw.  Do they have a responsibility too?  You bet.  I wouldn't send anyone to a conference or workshop if you don't see evidence of them also trying to learn on their own and them bringing that new knowledge into the agency as a teacher. You co-own the responsibility and the best employees are the ones who are hungry to learn and to teach their peers. And of course, whether they want to get better or not -- you NEED them to get better.  You invest so much into your people and they are your primary source of revenue, so you'd better keep investing in them. In our world today -- even if you know everything today, you will be woefully behind in a blink if you don't keep adding to your knowledge base. So your folks need to keep improving.  If not, you have to keep trading up and that gets very expensive. And it should go without saying but I'll say it anyway -- YOU my agency owner friend also need to keep sharpening your skills, knowledge and exposure [...]

January 31st, 2016|

Coaching and Mentoring Employees for Success in Your Agency

You look at your employees and you see what’s possible. They’re capable of even more. But what’s in the way of coaching and mentoring employees so that they can get there? There are lots of reasons, but the biggest one is you. You have to make the time for coaching and mentoring employees if you ever want them to reach their potential and serve you, your agency and your clients at the level you’re looking for. In a recent solocast, I walk you through some ideas that can help you find the time to become part of the solution, rather than contributing to the problem. The solution is actually pretty straightforward and is critical to not only the employees’ success but your agency’s as well. In this solocast, I help you explore: how to be a good mentor and teacher on a regular and consistent basis how to set priority or growth goals for your employees how to provide your employees a time and place to ask questions and relay important information how to give your employees the opportunity to toot their own horns or those of their co-workers how to identify obstacles for your employees before they become overwhelming By putting these ideas for coaching and mentoring employees into play, you will not only create an environment where the employees know they need to keep getting better but they’ll be hungry to do so.  It will also help you keep your best employees.  Drew McLellan is the Top Dog at Agency Management Institute. He has also owned and operated his own agency over the last 20-years. And all through the year, he straddles the fence of working in his agency and working with 250+ small- [...]

January 18th, 2016|

Using Research to Grow Your Agency, with Susan Baier.

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] Susan Baier began her career as a brand manager for companies like Dial and Conoco-Philips. She also worked agency side and within client companies in their research departments, honing her skills as a research professional. Recognizing that primary research was often too expensive for small to mid-sized agencies, she launched Audience Audit, where she conducts quantitative attitudinal audience segmented research. She helps her agency clients develop marketing strategy for their clients based on customer insights. They find it much easier to develop messaging, strategic plans, and business development plans with real data that helps them understand how customers who look (demographically) the same behave in very different ways and what motives those choices and behaviors. Over the past few years, AMI and Audience Audit have partnered together for studies on how business owners find agencies, their attitudes towards working with agencies, and more.     What you’ll learn about in this episode: How the research that Audience Audit does differs from a lot of the research that’s out there How your agency can leverage research inside your agency-client relationships The ways agencies can better sell the value of research to existing and prospective clients Why agencies can’t build their business around “shiny toys” The ways research has changed and why agencies shouldn’t be afraid to bring it to clients that they haven’t done research with in the past How bringing research to clients can give them a sense of relief and make it easier for your agency to retain their business A specific example of how this kind of targeted research helped a client in a big way The mistakes agencies make when trying bring research into their shop [...]

January 11th, 2016|

New Business Prospecting & Making Your Agency Attractive to Prospects with Chuck Meyst

As agency owners, the topic of new business prospecting is one that’s always on your mind. How do you do it in a way that’s different from every other agency out there? Is there a better way?  Can you truly differentiate yourself?  Who is your right fit client? The value in finding the right prospects for your agency is invaluable, both in terms of time and money. Chuck Meyst understands the importance of finding that match and has spent the past 20 years perfecting the matchmaking sales connection between agencies and clients, which is why I was eager to get him on our Build A Better Agency podcast. Chuck shared his expertise that comes from years of experience working with agencies and their clients. Some highlights include: how a clear focus of your goals and priorities can create something of value for your client and create a better match between you and your client how the word “sales” is not something to fear, but something to embrace, and how to create maximum impact from it how agencies make themselves valuable and different by being good listeners and asking pertinent questions to their clients how to make your agency available for potential matches at his online tool, AgencyFinder without adding extra work. Chuck Meyst has been in sales all his life, from his childhood bike route to CEO and founder of AgencyFinder.com, a matchmaking service for agencies. To listen – you can visit the Build A Better Agency site (https://agencymanagementinstitute.com/chuck-meyst/) and grab either the iTunes or Stitcher files or just listen to it from the web.   If you’d rather just read the conversation, the transcript is below. If you're going to take the risk of [...]

January 4th, 2016|

Sales is not a dirty word in the agency business, with Chuck Meyst.

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] Chuck Meyst has been in sales all his life, from his childhood bike route to CEO and founder of AgencyFinder.com, a matchmaking service for agencies.     What you’ll learn about in this episode: Why Chuck started AgencyFinder and how it works Why agency descriptions of themselves should be results-focused What both clients and agencies need to do well to find the right partner The big mistakes agencies make with their websites Sales: why do agencies not like this word? The traits Chuck sees in terrible employees Why processes are so important, especially when it comes to sales The characteristics in agencies that clients love to see How agencies win business through pure chemistry What AgencyFinder does to assess agencies and how to receive that perfect score of 100 How AgencyFinder helps agencies team up with clients that are great matches Things agencies can do today to improve upon the topics discussed in this episode   The Golden Nugget: […]

January 4th, 2016|

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