Budget Remorse & Sandbagging

Budget Remorse & SandbaggingYou manage a budget. You rarely overspend, showing slight, but noticeable savings year after year. You’re a professional manager, say, a Business Owner of an outsourced service.

What if you could end the year with significant savings from budget (>10%) , would you?

Experienced managers typically don’t. And they have good reasons not to. In most organizations there’s a penalty for being too good at saving money.

(more…)

Add comment June 3rd, 2008

If you could ask Microsoft, Yahoo and Expedia…

If you could ask Microsoft, Yahoo and Expedia...Wouldn’t it be great to ask world-class companies about outsourcing, contracting and buying?

Lucky you. Today’s blog gives you the opportunity to do that.

You can ask Microsoft, Yahoo and Expedia about governance, vendor selection, contract management, or procurement.

GUEST INTERVIEWEES

I’ll be interviewing several directors and managers at those companies for upcoming Revenue-IQ articles. You give me your questions, I’ll ask them.

  • Senior Director, Strategic Sourcing & Procurement, Expedia Inc.
  • Procurement Manager, Microsoft Corporation
  • Director, Business & Asset Protection (security), Yahoo! Inc.

RUSH DEADLINE All right, not so rushed

There’s a time crunch for this.

Submit your questions by 1:00 p.m. EST /11:00 a.m. PST this Friday (5/23) here when you can.

HOW TO SUBMIT QUESTIONS

Figure out what you want to ask and post your questions as a comment online here.

See, if you want your questions asked you’ll have to post a comment to this blog. Which isn’t frightening, but probably not something you do often.

Click here for instructions how to.

Or, call me and I’ll walk you through the process over the phone. Ah hah, but here’s the hard part!

I’m not collecting your questions over the phone, or in email. They have to be submitted as comments to this post.

Consider it enforced learning. If you have a question you’d like asked, you’ll post it in a comment. Again, here’s how to.

Go on. Give it a try.

MISCELLANEOUS

Just to state the obvious, practical stuff:

  • No guarantee that all questions submitted will be answered
  • Questions will have to pass an appropriateness test (can’t ask “wrong” questions, i.e. where they live, what high-school did they go to, etc.)

That’s pretty much it.

Image credit: NikiSublime

~~~~~~

Chris Arlen
President, Service Performance

Technorati: contract management, Expedia, governance, Microsoft, outsourcing, procurement, vendor management, Yahoo

3 comments May 21st, 2008

This Outsourced Service - But Not That One

Why are Facility Services seen as a sack of potatoesSack of potatoes <–compared to–> Boeing 787 outsourced components

Commodity <–compared to–> Respected high-priced solution

Basic service <–compared to–> Strategic service

Facility services <–compared to–> IT & Business Process outsourcing

(more…)

Add comment May 14th, 2008

Contract Governance: The Movie

Contract GovernanceThis is a drama about outsourcing, procuring and managing contract services.

It’s based on real life. And like a good melodrama, the hero prevails in the last reel.

It was prompted by a conversation this week with the Corporate Director of Procurement for one of the major travel web sites. (more…)

Add comment May 9th, 2008

RSS: The New Newspaper

RSS Awareness DayIf you read newspapers, then RSS (Really Simple Syndication) is your new newspaper.

Your paper newspaper is delivered to your doorstep. RSS does the same thing digitally - to your computer’s desktop.

In a newspaper you don’t get to choose which topics to include. The editor does that for you.

With RSS you get to select the topics. You can mix and match topics or zero in on:

  • Contract management
  • KPIs
  • Green cleaning
  • Selling & marketing contract services (that’d be Revenue-IQ)

Whatever topics you choose. RSS keeps you on top of the overwhelming and continuous mountain of Internet information. But just the info you want. And you can change those selections on the fly, easily, anytime.

Don’t worry if using something new feels intimidating. It’s roughly estimated that only 5.4% of global internet users use RSS. But that’s about 70+ million users.

It’s easy to start though. To learn how, click here.

And cost? There is no cost. It’s free! Go on, give it a try. You’ll be glad you did.

~~~~~~
Chris Arlen
President, Service Performance

Technorati: RSS, Really Simple Syndication

Add comment May 1st, 2008

3 Types of Stuck: Rimrocked, Plateaued & Picassoed

3 Types of Stuck: Rimrocked, Plateaued & PicassoedWhy consider which way you’re stuck? Stuck is stuck, right?

The way you’re stuck matters.

Take a wrong step and you fall off a cliff. Or you wander in wilderness for 40 years. Both unpleasant, but one kind of stuck is felt faster than the other. (more…)

Add comment April 29th, 2008

2 Buying Trends from Anecdotal Evidence

2 Buying TrendsIn the last month I’ve heard 2 buying trends from a half dozen service contractors around the country.

These trends aren’t from a statistical survey, but from anecdotal evidence (which means people told me). I love that term: anecdotal evidence. First heard it in grad school. I toss it in to make business gossip seem academic and important. You ought to try it next time you get the chance. (more…)

Add comment April 22nd, 2008

3 Questions about Turnover Rates

The Kansas factor in marketing Turnover RatesI have a friend/client from Kansas.

At least once every time we’re putting together numbers for one of his customers he’ll say “Figures lie and liars figure”.

That Midwest wisdom points out figures (numbers, facts) can tell many different stories.

You choose what you want them to say - then find a figure, or calculation, that gives you that story. (more…)

1 comment April 18th, 2008

The Service Contract Manifesto

Liberty BellA declaration of customer-contractor interdependence.

In the course of history, it becomes necessary to state the separate and equal principles that bind customer and contractor together in commerce.

As business practices evolve, both customer and contractor recognize the need for better results. Both sides want more. (more…)

1 comment April 9th, 2008

Buying Decisions & upcoming Service Contract Manifesto

Service Contractors' ManifestoLast week’s post, The 5 Service Dimensions All Customers Care About , referred to research showing how customers assess the quality of a service.

That post prompted a contractor to point out a leading question.

How does Service Quality figure in Buying Decisions? (more…)

Add comment April 4th, 2008

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