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Here's an idea for getting some really good work done.

Here’s an idea to help you get very good work done and beat the competition while you’re at it.

I don’t know about you, but now email is a downer and I am tired of it.  It’s become like some kind of inert and ugly time-bomb.  I rarely know how important an email is.  Can I put off reading it for a couple of hours?  Or will it cause me or my company pain if I don’t address it RIGHT NOW?

“Getting behind” email influx feels like failure.  It brings a lot of stress thinking of all those waiting emails… responses, deadlines, expectant parties.  Vacations aren’t worth taking any more because of that problem.  Unbelievable.

Email has gotten out of control.  It has taken over the work-flow by being just like a ringing telephone: disruptive, persistent and demanding.  And you don’t even know that if by giving incoming emails your attention, even for a moment, you’re better served.

Lobbing email volleys back and forth retards innovation and truly great work.  From the CEO to the clerk, people are too busy to help the company assume a leadership position.

If you have this insane problem fix it now.

The people you rely on to get work done are very probably stuck in the horrible email mire.  Help them.  Leave it to your competition to stay on the email track to certain corporate death.  In fact, kill the email problem and by so doing you add another way to own your market.  (That, and the fact that you hire me to help you with your marketing & communication should just about do it.)

A few years back one of my clients had a Vice President who was often maligned for having an Inbox with “too many messages in it”.  This VP had to go to class to learn how to move items out of the Inbox.  The object of the exercise was to show that the employee was “managing the Inbox, which established that work was receiving appropriate priority and would be accomplished.”  I always thought that the problem would have been solved altogether by helping that employee to stop getting all those dumb emails.

My solution: just stop.

  1. Stop thinking that you have to read emails as they come in.  And tell your employees that they don’t have to, either.
  2. Stop thinking that every email (even from important clients) is as important as a ringing telephone.  And tell your employees that it’s OK to take a breather from time to time.

Once you (and your company) cross that psychological hurdle and get control of email, work gets fun, interesting, promising.  You can dream a little, ask the “what if” questions and go find the answers.

Tame email.  Enjoy the moment and opportunity to re-orient your natural magnetic North, your ability to turn a buck.

Tell me how it goes.  Respond by commenting to this article.  Just don’t email me.  I’m behind as it is.  I’ve been working on a way to sell to people who stare at their Inbox all day.

Hooray for the BSA/AML Compliance Geeks!

Chalk one up for the good guys.

In the May 2009 issue of the FINCEN “SAR ACTIVITY REVIEW” (see link for entire story below), it appears that a bank’s BSA/AML geeks tripped up the bad guys and helped send them to jail.

The geeks dutifully noticed a business checking customer who appeared to be engaging in activity inconsistent with the customer’s business profile. As a result of the subsequent SAR filing, the bad guys went to jail and at least some of the defrauded consumers got some restitution.

Hooray for the Compliance Geeks!

I live in the compliance world. I well understand that compliance people don’t jump to mind when the word “hero” comes up. And, I have read enough stories about selfish, greedy bankers.

So, it’s nice to read about a bank (and its compliance geeks) who rescued who-knows-how-many customers from a serious, potentially heart-wrenching, life-arresting loss. My hat’s off to the these guys. Kudos! Bravo! Keep up the good work.

Amen.

Read on for the complete story.

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“Doing well is the result of doing good. That’s what capitalism is all about.”

What do you do when your ad budget is in tatters, but you need to get the word out?

You reflect on Mr. Adnan Kashoggi’s comment above: Doing well is the result of doing good.

And, to help stimulate your thinking, I have a press report about the E-ONE Company and how they did well by targeting a give-away at a market segment closely tied to their  business.  (The entire release appears below.)

Here’s the story

E-ONE manufactures fire fighting equipment. To promote themselves at a recent fire equipment convention, it came up with the idea to give away a fire truck to the fire department that got the most votes as the “most deserving” department in the country. Of course, getting the most votes would take a lot of work and a lot of conversation about E-ONE’s equipment. So, E-ONE was smart about their give-away. The interesting things to me about this promotion is:

  • The winning department was from Powellsville, NC, population 259!  (Powellsville is located in the middle of nowhere, about 50 miles west of Elizabeth City, NC.)
  • The Powellsville VFD managed to get 7,000 votes – out of the 16,000 (yep, 16,000) total. That’s a lot of buzz about E-ONE.  (I’d say the Powellsville VFD has some pretty plucky friends who love them intensely.)
  • There were 650 fire departments that entered the contest.  I don’t know how many VFDs there are in the country, but I do know that 650 prospective fire truck purchasers is a LOT of prospective fire truck purchasers.

So, what do you think? Did E-ONE get a bunch of publicity? Yep. Did they get publicity on the cheap? Well, the fire truck they gave away was “valued” at $170,000, which, I think, means that E-ONE has less than $100,000 in the deal. Based on what I know about advertising costs, I’d say E-ONE  got maybe $250,000 in press for $100,000. Not too shabby. (And there were other sponsors involved and they may have cut E-ONE’s cost even more.)

So, is there a lesson here for a banker?

Would any of you like to talk about it? Maybe, you’d like to do something similar? Call me. We can help you do this.

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