Providing the greatest possible value to customers ensures that paychecks keep coming
If someone asked you what the most important process in your organization is, what would you say?
If you’re in a manufacturing organization, you might try to identify your most critical, valuable or hard-to-replicate processes. Depending on what you make, that could be a lot of work. Don’t spend a lot of time on it because from that perspective, they’re all important.
You might also want to look at the R&D and engineering processes. Just because your products are selling well today doesn’t mean they always will, especially if you don’t keep on improving them to keep up with or beat the competition.
The sales folks are likely to argue that their processes are most important, as you’re wasting your time building something if nobody buys it. The financial people would contend their processes are most important as keeping track of the dollars is essential if you want to stay in business.
We could go on and on, but it readily becomes apparent that, except for some unnecessary processes, which should be eliminated, they’re all important.
In a recent conversation with one of the most brilliant people I know, I learned some things. There’s one process which is really the king of the hill: the payroll process! Just think about it. If those paychecks stopped coming, how many people would continue working? From the janitor to the CEO and everyone in between, it’s hard to find anyone who would work for nothing. Therefore, it’s hard to disagree with the notion that payroll is king.
It’s kind of like the breathing process for people. Once we stop breathing, nothing else works and nothing else matters.
So the all-important question becomes, how do we ensure the checks keep coming? If we’re serious, we have to make our bosses, our functions and departments successful while keeping the big picture, the company as a whole, in mind. Sub-optimizing our department to the detriment of the company is never a plus.
Many people will articulate this as their modus operandi, but when they get into the day-to-day operations, emotions get in the way. Self-preservation is the strongest instinct, but instead of trying to make ourselves look good at the detriment of someone else or another department, we need to make the company look good.
Think of it as sailing on a ship with no lifeboats. If the ship goes
down, we’re all going with it. If we work together to keep the ship
afloat, even if some of our crew are offensive, we can survive together.
You
see, there’s no perfect company or organization where all the people
are likable. The most successful people have learned to get along with
just about everyone, no matter how difficult they are.
Those who have learned to make the company successful instead of just themselves tend to rise to the top.
Sounds
pretty simple doesn’t it? But there’s an important caveat. As the Good
Book says, “For the love of money is the root of all evils ... ”
Some people do grandstanding at
salary review time, making themselves and their performances look much
better than they really are. Reward them at your peril. Whether you
promote them or give them a big raise, you’ll be sorry.
On
an organizational level, the stock price is all that matters to some
people. Cheapening the product and/or service is all too common. It’s
also tempting to simultaneously raise the price, adding insult to
injury. Yes, there may be a substantial increase in profits, but it
hardly ever lasts. In fact, it’s often followed by dramatic decreases as
once-loyal customers go shopping for a better deal.
The
only way we can really ensure those paychecks keep coming is to provide
the greatest possible value to our customers. Our advertising may say
that, but it must be true. Very few customers complain; they just
quietly go elsewhere.
The better we are at this, the better the paychecks and other rewards will be.
Ronald
J. Bourque, a consultant and speaker from Salem, has had engagements
throughout the United States, Europe and Asia. He can be reached at
603-898-1871 or RonBourque3@gmail.com.