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OCTOBER 2012 ARE YOU WINNING THROUGH FAITH, OR FAILING IN FEAR? EMPATHY IN SOCIAL MEDIA ENGAGING GENERATION Y IN BUSINESS FEATURING CREATIVITY THE CASE FOR
Transcript
Page 1: Marketshare Magazine Edition 2 October 2012

OCTOBER 2012

ARE YOU WINNING THROUGH FAITH, OR FAILING IN FEAR?EMPATHY IN SOCIAL MEDIA

ENGAGING GENERATION Y IN BUSINESS

FEATURING

CREATIVITYTHE CASE FOR

Page 2: Marketshare Magazine Edition 2 October 2012
Page 3: Marketshare Magazine Edition 2 October 2012

Editors note

Give me the boy and I’ll present you the man

How many opportunities are you losing?

Are you winning through faith, or failing in fear?

Creativity the case for

Increase employee performance and profits in 90 days

Getting seen by your audience online

How to minimise the negative effects of stress

Empathy in social media

Engaging generation Y in business

Preparing for the unforeseen

Are you missing this one vital tool in your business?

PAGE TWO

PAGE FOUR

PAGE SIX

PAGE EIGHT

PAGE TEN

PAGE THIRTEEN

PAGE SIXTEEN

PAGE TWENTY

PAGE TWENTY TWO

PAGE TWENTY SIX

PAGE TWENTY EIGHT

PAGE THIRTY ONE

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Contents

Page 4: Marketshare Magazine Edition 2 October 2012

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Starting a new business?

Where do you start?

For seasoned business professionals, starting a new business never seems as daunting as it does for

the new kid on the block. Just where do you go to find out how to start and run that new business

idea? Well you can start online, however with literally thousands of websites talking on the subject

you might well be left asking “where do I start and who’s advice do I listen to?” You could get

yourself a few books and there are many great books on the subject.

Again, where do you start?

One of the best places to start is to talk to someone who has already ‘been there and done that!’

You may already know someone. You may otherwise need to approach someone like a mentor or

business coach who is ready to sit down with you and start that conversation and help you establish

a path forward. Again, finding the right person that will fit with you and your type of business is

really important.

Planning, in any business is very important, so don’t just rush into this new business. Put as much

time into planning this as you can afford. The more you understand this new business before you

start the better chance you’ll have of it being a success.

Seek as much advice as you can find, again use some wisdom as to who you listen to.

Well, if you or someone you know is looking to start up that new business, we want to wish you the

best and hope you get some inspiration from the content in the magazine.

The Market Share magazine, we hope, will be an inspiration and a source of valuable insight to

business teachers, business owners and business ‘gonnabes’.

If you have thoughts and feedback regarding the magazine and it’s content we would love to hear

from you.

So for now, enjoy the mag and we look forward to hearing from you at www.marketsharegame.co.nz

or www.facebook.com/marketsharegame

Warm regards

Nick Hindson

Business Evangelist

MARKET $HARE MAGAZINE

PUBLISHER

NICK HINDSON

[email protected]

GRAPHIC DESIGN

& COVER PHOTOGRAPHY

TITANIUM DESIGN

JULIAN HINDSON

KATE HINDSON

[email protected]

www.titanium.net.nz

Page 5: Marketshare Magazine Edition 2 October 2012

Establish your brand as the leader in the market place and be top of mind with new zealanders of all ages.

Don’t delay, the MARKET SHARE board game will be

instore nationwide at The Warehouse by December.

Don’t miss your opportunity to be part of New Zealand’s business strategy board game.

Where does your company fit on the Market Share game board?

INTERNATIONAL COMPANIES

LARGE COMPANIES

MEDIUM COMPANIES

SMALL COMPANIES

SOHO COMPANIES

Nick Hindson

027 444 7286

0800 BIZ GAME (0800 249 4263)

[email protected]

www.marketshare.co.nz

LEARNING BUSINESS SKILLS WHILE HAVING FUN

Call us today to discuss getting on board.

Page 6: Marketshare Magazine Edition 2 October 2012

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Give me the boy and in 20 years I’ll show

you the man!

The nature or nurture debate lives on, but there is

no question that our formative years set the scene

for the adult we become. We can start developing

leadership earlier than we think.

1.Show respect to your kids

and their friends

Greet children with anticipation no matter how

young. Get down to their level. Look them in the

eye and smile. Make them feel valued and valuable.

2.Acknowledge ideas and trust

children’s judgment

I once ‘lost’ my only car key. I was away from home

and frantically called Anna, my grandson’s mother.

At five years old Taylor suggested that we should

form three teams and look for my key. It turned out

to be sitting neatly on the boot for all to see. Great

work Taylor!

3. Encourage thinking and problem solving

Validating children’s ideas encourages them to think

up more. They will also learn to think and to solve

problems. Children can learn how to use logic,

reasoning skills and the instinct to develop solutions

by having to solve problems from a young age.

When the toy is missing help the child to go through

the options of where to look. Don’t just find it for them.

4.Respect other people’s things

and territory

Teach children the value of their own things - toys,

sports gear, musical instruments and pets. If they

can’t look after their own things, they will never

respect anyone else’s.

5.We learn responsibility by being given it

Young people break things. They are clumsy and

have little regard for other people’s property. Now

apart from that is there any other reason why your

14-year-old can’t mow the lawn? Small kids can put

their plate in the dishwasher or the sink and they

can make their beds at 5 years old. This is where

responsibility starts!

Give me the Boy and I’ll present you

the ManArticle by Yvonne Godfrey

7 simple principles to grow personal leadership in young children

Page 7: Marketshare Magazine Edition 2 October 2012

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Validating children’s ideas encourages them to think up more.

7. Accept consequences for actions

Allow your child to accept the consequences of his

decisions. Don’t bail your children out. We all make

mistakes but being ‘saved’ from every bad move

does nothing to make us think more carefully about

what we are deciding and choosing.

To contact Yvonne to speak at your school or

conference:

(w) 09 413 9777

(m) 027 249 5444

(e) [email protected]

6. Disciplining the will

The will determines our ability to initiate and follow

through on goals and desires which fosters

independence. Children begin asserting their will

from a baby. It helps them to establish their identity

and to ultimately live independently of parents.

The will is to be disciplined but not broken. Nobody

likes to be disciplined but afterwards, it yields

feelings of safety and security. Children who have

never been properly disciplined don’t feel whole.

They can’t lead themselves and will therefore never

lead others.

Page 8: Marketshare Magazine Edition 2 October 2012

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Article by Colleen Sluiter How many

opportunities are you losing?

Critics say that Marketing is hype. The dictionary

describes “hype” as: “Exaggerated or extravagant

claims. Something deliberately misleading.

A deception. Excessive publicity and ensuing

promotion.”

As a marketer who is a strong advocate of ethics and

truth I would be horrified if these were the true

descriptions relevant to my profession.

Despite this criticism, when a business achieves

really well, Marketing is attributed with having

played a significant part. Without marketing how did

more people buy, how did they preserve pricing,

and how did they maintain market share?

Given that the pie is an established size, how

does one remain positioned to receive a growing

portion of it?

Come out from among them.

Savvy marketers have long been telling businesses

to separate themselves if they want to win the price

battle. Stop being a look-alike. Come out from

among them. Some call it a Unique Selling Point.

Since Jim Collins’ books became well read, some

talk about the Hedgehog Concept. Many discuss

Positioning Statements.

It’s not in the name; it’s about whether

it’s really in the DNA of your business.

Does your business express the uniqueness already

interwoven into the fabric of what you stand for and

who you are?

Being like everybody else eats profitability. Without

uniqueness you lose business value and significance

in the marketplace.

People pay a premium for rarity.

How to create uniqueness.

The good news is that you can create uniqueness by

the value you add. Dr Myles Munroe says in his book

Release Your Potential:

“The end of a thing is hidden in its beginning”.

Here are business examples. If I have a field of

potatoes I can sell them for $3 a kilo. If I turn the

potatoes into chips I can sell them for $3 a helping

i.e. the chip is hidden in the potato. In the same

way the car is hidden in the pile of parts; the

ground-breaking CEO is hidden in that nerdy

bookkeeper you have just employed…the list can

continue endlessly.

Stop being a look-alike. Come out from among them.

Page 9: Marketshare Magazine Edition 2 October 2012

My question is:

“What is hidden in your business?”

What strengths, uniqueness, abilities and creativity

lie dormant within your business?

Are you burying value?

1.Your business is better than anyone else at

something. Do you know what it is you are

better at? That’s where the value is and that is

what the world is waiting for from you.

2.An original always has higher value than an

imitation. An original cannot imitate anyone or

anything. What specifically should your business

be doing? Add value through rarity.

3.Another comment by Dr Myles Munroe is this

statement, profound in its simplicity:

“Don’t bury the potential of your business in the

cemetery of your last accomplishment!” There is

greater value ahead of you, than what you have

already accomplished.

What if the caterpillar stopped at step 2? Said

another way, don’t rest on your laurels.

4.Add value by letting your people work in the areas

of their passion and strengths .

5.A best kept secret to guarantee value for your

customers, and profits for you -

Positively impact your customer’s success .

Colleen Sluiter

(W) 09 422 0420

(M) 021 838 831

(e) [email protected]

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Page 10: Marketshare Magazine Edition 2 October 2012

Are you winning through faith, or failing in fear?

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Chuck Yeager was the World War II hero who first

broke the sound barrier. Everybody who had tried

it before had reached a certain speed when the

plane started to shake so violently that it seemed as

if the plane would explode! Some planes did

disintegrate, and, unfortunately, the pilots died.

Worldly experience showed that it couldn’t be

done, but Yeager want to try anyway.

With two broken ribs and in extreme pain, he

wondered if his body was capable of holding out

under the stress. At seven hundred miles an hour,

the plane began to rattle and shake violently.

But then he broke through into “a great calm”.

He had done it!

Breakout comes before breakthrough

As you progress with your business and things

seem to be shaky and unstable, what are you going

to do? Will you bale out of the plane and press the

ejector seat or will you pluck up the courage to

push through that ‘sound barrier’ and get to

experience a great calm for yourself?

They say that fear is False Evidence

Appearing Real. In fact, it can be

categorised into two key areas:

1.Fear that you won’t get what you need.

2.Fear that you won’t be able to hold on to

what you have.

Article by Elias Kanaris

Page 11: Marketshare Magazine Edition 2 October 2012

Are you living in the faith zone?

I once read a great definition of living in the faith

zone by Jentezen Franklin as “reaching up and

grabbing hold of nothing and holding on to it until

it becomes something!” So, if you feel like you are

holding on to thin air, here are five things for you

to consider to help you achieve your breakthrough:

1. Use What You Have In Your Hands

Before you go off and make any further

investments, check out what you have around you

now. An ancient Jewish story about a farmer called

Shamgar says that he killed 600 Philistines using an

“oxgoad” - a large pointed stick. They say that it was

the only thing he held in his hand.

2. Start From Where You Currently Are

Figure out where you are on your journey and plot

out a new course to navigate. Even a GPS system

will need to know where you are and it will

recalculate a new route. Do the same for your

situation so that you never get too far off course!

3. Do What You Are Able To Do

Don’t set unrealistic expectations on what you are

able to do. An Olympic athlete would have trained

for years to gain the honour of competing for his

country. So, keep a level head about your activities

and step out with faith to achieve a new personal

best - not a world record!

4. Focus On What You Can Achieve

Whether you are a skateboarder or a skier, they say

that you will travel into the direction that you are

looking at. A driver in a remote area will hit the

solitary tree or lamppost because that’s where he’s

looking. So keep your eye on the prize ahead to

avoid a nasty accident!

5. Visualise What Victory Will Look Like

When the going gets tough, use the art of

visualisation to help you pull through. Many

successful people will encourage you to use visual

messages to help keep you on track. Whether it is

a picture of the goal that you are looking to achieve,

or a written affirmation of what you are going for,

keep it in open view at all times.

When fear starts to grip your situation and you are

ready to quit, have the faith that you can complete

the journey you started and use these five tips to

make the breakthrough you desire in your

business.

Take care & start lifting the lid on

your potential!

Elias Kanris

(W) 09 280 4418

(M) 021 615 449

(e) [email protected]

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“reaching up and grabbing hold of nothing and holding on to it until it becomes something!”

Page 12: Marketshare Magazine Edition 2 October 2012

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As if to confirm ‘Creativity’s rise to the public

consciousness, Jonah Lehrer’s excellent book

‘Imagine: How Creativity Works’ has remained a

permanent fixture in the New York bestselling list

for the first half of this year.

Lehrer’s book makes a compelling case for creativity

in business by considering examples as diverse as

Bob Dylan, Pixar and Nike. In these and many other

cases, creative processes drove established and new

business entrepreneurs or artists to new critical and

commercial heights. However, what is clear from

Lehrer’s book is that these creative processes were

diverse and achieved with considerable frustration.

Imagine: How Creativity Works also amplifies the

long held belief that creativity is never the process

of what Steven Johnson has called the Eureka

moment. That supposed instant moment of insight or

genius insight, which creates the need, thought or

idea. Research has confirmed that in order to be

creative, businesses need the ‘right’ working culture,

a committed group of collaborators, and most

importantly bloody hard work. Resilience rather than

instant success is the key to the Eureka moment.

In Lehrer’s final chapter the argument focuses

on education as a launch pad for creativity. In fact

in many of the research findings I conducted

during my sabbatical in 2011 they concluded the

same thing.

We have to revisit and revolutionize our educational

systems in order to facilitate risk-taking, collaboration,

experimentation and ultimately - creativity.

Creativity The Case for:

Article by Lloyd Gutteridge

Photography by Julian Hindson

We have to revisit and revolutionize our educational systems

in order to facilitate

risk-taking, collaboration,experimentation

and ultimately creativity.

Page 13: Marketshare Magazine Edition 2 October 2012

Why is the move for greater creativity

so important to develop sustainable

businesses?

One well-established argument is that with the

World Wide Web making knowledge and by

assumption - competitive advantage - so easily

available to all firms and their competitors, unique

successful strategic problem solving has become

impossible unless a new creative insight is found.

All firms will have the same access to the same tools

and textbooks. With growing globalization,

economies or businesses that are not ‘ahead of the

curve’ will be left behind.

As an example consider the launch of the iPhone in

2007 by Apple. It has become an icon of the new

century and a category killer in the mobile market.

Nokia’s market capitalization fall from $100bn in

2007 to $6bn in 2012 is testament to this, despite

Nokia’s market leader status in 2007 in the mobile

hand held market. We should not forget that this

market share in 2007 was running globally at over

60% and Nokia did produce Smartphone’s!

Moreover, one is tempted to ask whether the iPod

‘killed’ the Sony Walkman/Discman? (We have

recently learned from Sir Jonathan Ive - Apple’s chief

designer, that the iPhone was in danger of being

obsolete even before one sale was made due to early

prototype ergonomic problems.) Have I already said

that creativity takes time?

As a teacher in the secondary school environment I

have tried to model creativity both inside and

outside the business classroom. Part of my fear is

being relevant in today’s rapidly changing world. I

often wonder whether I will become structurally

unemployed given the rise and spread of online

learning? In my final article I will detail my first

attempts to be creative and reflect on why I

struggled even though the engagement and

creativity from my students was clearly evident.

Fancy playing with Lego anyone?

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Page 14: Marketshare Magazine Edition 2 October 2012

encourage, empower and acknowledge your employee’s performance, attitude, results

Page 15: Marketshare Magazine Edition 2 October 2012

Follow the 5 Laws of Coaching listed below and

you’ll recognize that coaching is likely the most

effective way to build employee engagement, skills,

motivation, performance and profits.

While there are other ways to build skills, such as

external or internal training, most of them will require

a significant level of resources. The resources

required may be an investment in time, money or

more frequently both. When delivering training,

coaching can be seen as a vital component of

embedding new behaviours and skills in the

workplace, post training.

Coaching, when you know how to do it properly,

can take you only a few minutes of your time and

requires no additional resources or money

invested in it.

Coaching is in fact quick and easy to do - once you

know how. Of course, there are some traps you want

to avoid. Like any skill, coaching can be improved

through experience and effort. But once you decide

to begin coaching your people your coaching skills -

and the results you see - will improve rapidly.

So what is coaching?

“Coaching is a conversation”. It’s that simple!

It’s so effective when applied regularly with your

sales people, contact centre frontline employees,

support team, and other stakeholders that you may

engage with.

• Coaching is about conversations and human beings.

• Coaching is about connecting with your employee

at a deeper level.

• Coaching is about empowering, engaging and

supporting your employee to success.

• Coaching is about inspiring people to be their best.

• Coaching is also about having courageous

conversations with employees to get them

back on track.

So many leaders confuse coaching with mentoring,

or performance management, or coaching is only

used for underperformers.

During my 15 years of coaching clients and

designing coaching programs for teams and

organisations, coaching has been misunderstood.

Increase employee performance and profits in 90 days

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Article by Eloize Tzimas

Coaching is in fact quick and easy to do - once you know how.

Page 16: Marketshare Magazine Edition 2 October 2012

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There are four key conversations you can

have with your employee:

• Coaching conversation for high performance

• Coaching conversation for under performance

to get back on track

• Coaching conversation on the job

- in the moment coaching

• Courageous coaching conversation for

low-engaged employees

Now that we’ve established that coaching

is a conversation, let’s look at the how.

Again this is simple, use a model that assists with the

conversation, there are various models to use,

dependent on the conversation you’re having, but

here’s a model I have used, especially when

encouraging a step change in performance and

results with an employees’.

It’s a Coaching Conversation Model. Each step uses

a series of questions that take you to the next step.

The following explains each part of the model.

The Coaching Conversation Model

• Establish Focus. - Objective of coaching

session, or agreed outcome.

• Discover possibilities

- Exploring possible pathway to the outcomes.

• Plan the Action - Of all the options what’s the

most compelling to take action on.

• Remove the barrier - what could get in the way.

• Recap and wrap up

- Agreement and accountability

Coaching is not a one off meeting, taking the time

and meeting regularly with your sales reps, retail

employees, new employees just through an

induction program all around performance is vital to

having a motivated, engaged, empowered team.

And finally here are 5 laws of Coaching

that you want to always follow:Law 1

Pre-Coaching Activity

- Prepare, prepare, prepare

• Have the facts and figures that you need,

get clear on your objective.

• List your expectations of both parties up front.

• Toolbox at the ready - have templates and any

tools you need for the session ready.

Law 2

Build a Relationship of Mutual Trust.

The foundation of any coaching relationship is

rooted in the manager's day-to-day relationship with

the employee. Without some degree of trust,

conducting an effective coaching meeting is

impossible.

Establish Focus

- Clear goals for the coaching session.

• Identify employee goals and outcomes.

Law 3

Explore possibilities and encourage,

empower and acknowledge your

employee’s performance, attitude,

results, etc.

• Employees generally value having a coaching

session that helps them grow and stretch. Spend

most of the time actively listening and ask questions.

On occasion make suggestions if the employee

needs help.

Law 4

Plot the roadmap of actions

• Write down the key points of the session,

especially the actions being committed to by

your employee.

And remove barriers that can stop the employee

achieving their goals or outcomes. Identify what’s

missing, what resources they need and what could

get in the way of their success.

Law 5

Wrap-up and agreement

• Set up accountability measures, check-ins

and next coaching session.

Always commit and keep the coaching session

you’ve scheduled with your employee. I’ve seen

manager’s reschedule employee coaching sessions

numerous times, because something else, more

important has taken precedence. This will result in

the employee not feeling valued. Without fail

performance starts to decline.

For more information on coaching or to enquire

about our customised coaching program for new

managers go to:

www.stepchangetraining.co.nz

Eloise Tzimas

027 600 6940

Page 17: Marketshare Magazine Edition 2 October 2012

IGNITING A PASSION FOR BUSINESS IN YOUNG NEW ZEALANDER’S

OUR GOALS• Grow our economy through

business education

• Help New Zealanders build

better businesses

• Increase the financial literacy

of our next generation

www.marketshare.co.nz

NEW ZEALAND’S BUSINESS STRATEGY BOARD GAME

Page 18: Marketshare Magazine Edition 2 October 2012

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Imagine you are organising a party. You book the

venue, choose the caterer, get a DJ and purchase the

decorations to ensure everything looks great. On the

day of the party you wait for your guests to arrive;

only no one shows up! You suddenly realise you have

forgotten to send out the invitations. SEO can be

likened to sending out the invitations to your

event/website.

Search engine optimisation (SEO) refers to the science

behind optimising a website to appear higher in search

engines for your target keywords. It gets you seen

amongst your audience searching for your products

or services and drives up your website visitors, which

transpires to a likely increase in sales and recognition.

Inbound marketing is now overtaking traditional

outbound marketing methods, such as mail-outs,

TV and radio in terms of their ROI. This is because

with inbound marketing the customer is actually

looking for a specific product or service, whereas

outbound marketing can be likened to a ‘scatter gun

approach’ throwing a message out to the masses in

hope of reaching a target audience.

One of the main benefits of the prevalence of inbound

marketing is that SMEs now have the opportunity to

compete with large business on a much more level

footing and with a smaller budget. There are a number

of things any SME can implement to help increase its

online presence.

Know that Content is King

Search engines love content, the more content that

you can add to your website the better (within

reason!). A good analogy for this is the ‘fish and fishing

pole’. Think of the searchers as fish and each word

on the page an additional fishing pole in the water.

The more text you have on a website the more

searchers you are likely to ‘catch’. This explains why

text heavy sites often outrank thin e-commerce sites.

It is important that the content you add to your site

is unique. A good idea is to add a frequently asked

questions page which you can update regularly or,

even better, add a blog to which you post new

content regularly.

Add a Personal Touch

Customers often like personal opinions. Make your

personal knowledge on your subject known; this will

help you become an authority in the eyes of a

searcher/potential customer (for example, through

a blog or social media.)

Remember Local Search

There are many ways to optimise for local search,

one of which is to incorporate geographical terms in

your on-page optimisation (i.e. city and country name

on the copy within the website). The other thing that

is quick and easy to do is register with Google Places,

Yahoo/Bing Local and Finda - this allows people to

find your business through the map searches.

Getting seen by your audience online

Article by Jennifer Young

Make your personal knowledge on your subject known

Page 19: Marketshare Magazine Edition 2 October 2012
Page 20: Marketshare Magazine Edition 2 October 2012

Track and Analyse Your Results

Every website owner should have an analytics package

installed. Google Analytics is free and easy to install

and provides a huge amount of useful information,

such as number of visitors, search terms used, country

of origin and much more.

Pure SEO are New Zealand’s leading search engine

optimisation (SEO) and search engine marketing

(SEM) experts.

For further details of how to increase visitors to your

website, sign up to their free newsletter

or give them a call.

www.pureseo.co.nz / 09 950 3888

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In today's often fast paced world, stress is almost a constant. The negative effects of stress

effecting wellbeing, job loyalty, satisfaction, productivity and life enjoyment are well

documented, can be wide reaching, and often go under the radar. Is the old reactive approach

outdated? When should we look for a better strategy? 

Article by Dr Alex Rodwell

How to Minimise the Negative Effects of Stress

You age faster under increased stress

Five signs to watch out for...

(Take note if you have 3 or more of these)

1.You are bothered with tiredness or having

trouble waking

2.You often crave foods high in bad fats

and/or sugar

3.Your concentration and productivity is not

as high as it used to be

4.You find yourself feeling 'flat' or 'apathetic',

rather than living life to the full

5.You find yourself emotionally reacting to

people around you more resulting in stress

at home or the workplace

Five drawbacks to ignoring

the signs...

1.You age faster under increased stress

2.It is harder to burn fat or grow muscle

under increased stress

3.You are more likely to develop

a health challenge

4.The quality of your relationships will suffer

5.You are less likely to be noticed

for promotion

Page 23: Marketshare Magazine Edition 2 October 2012

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What can I do for myself?

1. Take short breaks during your work/study

2. Stand up and have a stretch

3. Drink plenty of water

4. Walk often and choose your food wisely

5. Count your blessings daily - those who count

their blessings have more to be grateful for

Where can stress store in my body?

1. Your muscles

2. Your spine

3. Your mind and nerve system

4. Your breath

5. Your emotions

How can Gentle Chiropractic Care assist

my family and me?

1. Assist with clearing physical anchors to

different stressors

2. Enhances brain power

3. Gives you a mini break

- time to relax and recharge

4. Reduced stress, hormone production and rate

of aging

5. Enhance wellbeing and quality of life

How does your 1on1 Demartini

Method ® Consulting Transform Chronic Stress?

1. Balances perceptions

2. Dissolves stressors, challenge and conflict

3. Awakens gratitude and love of the heart

and certainty and presence of the mind

4. Assists people to discover their values, the values

of others, and enhances communication

5. Once learnt, it is a tool that can be used for a lifetime

- for more info visit www.thegratitudeclub.info

What can I do proactively for my family

and me?

1. Don't wait until stress reaches a crisis point 

2. Don't live in denial - if you are experiencing

challenges, ask for help

3. Encourage your children to have positive

strategies for dealing with challenge and adversity

4. If you haven't already take yourself and your

family to your local Chiropractor to have nerve

systems checked for nerve interference or

subluxation

5. Take positive action today - it is only in this

moment that we can influence tomorrow and

our future

It is not what happens to you, but how

you perceive it that counts

1. If you face a challenge, obstacle and setbacks

- it is not the end of days

2. Have faith that you will pull through,

and take wise action

3. Surround yourself with people that will love and

support you and who you can love and support

4. Look to discover a benefit or learn from your

situation, no matter how grave

5. Instead of asking why is this happening to me,

try asking a different question - what can I learn

from this? And, what can I start doing differently

today to get a different result?

Dr Alex Rodwell is a low-force chiropractor based in

Freemans Bay and the North Shore.

To claim your very own free stress evaluation, simply

visit www.mychiro.co.nz

Dr. Alexander J. Rodwell

B.App.Sci, B.Chiro.Sci.

Chiropractor and Wellness Enthusiast

Contact me to run a ‘Lunch and Learn’ workshop for

your workplace in the Auckland Area!

Chiropractor, Wellness Enthusiast

The Chiropractice - A Creating Wellness Centre

96 Franklin Rd. / Freemans Bay, Auckland 1005

Ph +64 (0)9 361 3826

www.dralexrodwell.com

www.thechiropractice.co.nz

email:  [email protected]

Page 24: Marketshare Magazine Edition 2 October 2012

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Article by Matthew Clayton Empathy in

social mediaSocial Media is really nothing more than conversation,

interaction and information sharing based around the

interests of individual users. One thing that I am

constantly observing from New Zealand businesses is

a lack of understanding of what Social Media actually

is. Don't get me wrong, some companies do it really

well; usually the ones who have either very talented

young marketing managers or a large marketing and

advertising budget to throw around.

Traditionally marketing and advertising has been

based on the model of Product, Price, Place and

Promotion. Sales people have been impulsing

consumers through Greed, Indifference, Fear of

Loss, The Jones Theory and Sense of urgency for a

long time. When we apply these methods to Social

Media we usually do more harm to our business

than good. Why? Social Media is not designed to be

a channel for traditional marketing methods. No one

wants to be sold to on Facebook. How many things

have you bought from Twitter?

Social Media is interest based. We engage and share

that which we are interested in. When using Social

Media we are not consumers - we are communicators.

How do we then use Social Media to effectively

market and advertise our business, generating

positive ROI and increasing sales? We communicate!

Empathy in regards to social media is basically the

ability to understand the thoughts, feelings and

mindsets of our audience. This empathetic

methodology is the central point of focus supported

by three pillars - Engagement, Content and Visibility. 

The customer mindsets of Empathy are as follows:

Inspire me,

Indulge me,

Reward me,

Empower me,

Entertain me,

Inform me.

To create successful social media, consider using

this methodology. Creating ‘persona’ profiles about

your target customers e.g. age group, interests, etc

allows you to alter and change your empathetic

methodology to suit each persona segment. The

customer mindsets of the youth and the old are the

same however the interests and mindsets are

stimulated by different things. Understanding each

persona segment (or demographic if you like the

term) allows you to employ the empathetic

methodology all the better.

Firstly, create your business and brand goals.

What are you trying to achieve with social media?

The question is no longer “Should I use social media?

“The question is “How well am I using social media?”

Page 25: Marketshare Magazine Edition 2 October 2012

www.marketshare.co.nz

HELPING NEW ZEALANDER’S BUILD BETTER BUSINESSOUR GOALS

• Grow our economy through business education

• Help New Zealanders build better businesses

• Increase the financial literacy of our next generation

NEW ZEALAND’S BUSINESS STRATEGY BOARD GAMENEW ZEALAND’S BUSINESS STRATEGY BOARD GAME

Page 26: Marketshare Magazine Edition 2 October 2012

Be realistic. Secondly, figure out who is going to

execute; a good mix of internal industry knowledge

and external media expertise generates the best

results for companies usually, especially when it

comes to building social applications or multiple

platform strategies. Remember to figure out who

you are and why you are relevant to each customer

persona before you start creating content.

The more research and planning you do the easier

everything becomes. 

The next logical step is to start using the support

pillars of empathy.

1. Engagement. 

Too many businesses focus on Facebook 'likes' or

Twitter 'followers' without focusing on engagement.

If you have 1000 likes and a 0.01% engagement rate

you are probably producing some average social

content. Small engagement percentages are usually

due to a bunch of traditional content being funneled

through social channels. 

So what is engagement? Engagement is the value

created by user interaction and sharing of your

content. In order to create engagement with your

social media you must be present, responsive,

consistent and personable. Engagement is an action

or behaviour undertaken by a user when exposed to

your content. It does not matter if a million people

are seeing your message if only 100 are engaging

with that message. 

2. Content.

Content is what you create and share. Great social

content is usually formed by creating a conversation

around an interest or topic with plenty of calls to

action or opportunities for engagement within that

content. Rewarding and amplifying user generated

content in line with your business goals and creating

a cycle of listening, learning, measuring, refining is

very important. Remember to keep content short,

sweet and simple. Typically, photo and video

content gets around 450% more engagement than

written content - start using more photos and videos

and less written content to instantly improve

engagement. When creating content, focus on

fulfilling each customer mindset for each customer

persona. Ensure you create the appropriate

opportunities within your content for engagement.

3. Visibility.

The final support pillar of the

empathetic methodology is visibility. Think of

visibility as the windows to your business or brand.

Visibility incorporates both marketing and

advertising, as well as the content you are

producing. People want to see your business and

touch your brand. Social media is simply another

window to you - treat it like one. Ensure that

all advertising and content is based around the same

messages from your brand so that the visibility, or

windows to your business, are performing to

achieve the same goals. Integration is far better than

isolation and consistency is much better than being

a one-hit-wonder. Ensure that your traditional

media points people towards digital media and vice

versa. Lastly, make sure that the visibility of your

online presence is up to scratch and that your

content is sending the same messages to

consumers. Paid social and search advertising is a

great way to increase visibility quickly however there

are many free methods to do so over a slightly

longer period of time.

So sure, this may sound all well and good but some

businesses are still wondering whether they should

be using social media. The question is no longer

“Should I use social media? “The question is “How

well am I using social media?”

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Page 27: Marketshare Magazine Edition 2 October 2012

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Advertisers who employ social media

heavily do so for mainly two reasons:

1. The amount of time people spend using social

media platforms.

2. The amount of analytical tools available for

measuring user behaviour.

Without a focus on social analytics, companies are

practically wasting their investment in social

media. Keep an eye on the various analytical tools at

your disposal across the social platforms to see

exactly what is working and what isn't. Your initial

content strategy is an educated guess - analytics

remove the guesswork and give you invaluable data.

This is the same for your website. If you are not

tracking the traffic on your website, there is very

little point having one!

This is an extremely brief explanation of the

empathetic methodology and social media however

it should give you a good basis on how to use social

media successfully. Remember, Social Media

platforms are for communication, not consumption.

By employing the empathetic methodology and

sticking to it, positive mentions of your brand and

sales will likely increase. Keep an eye on the various

analytical tools at your disposal across the social

platforms to see exactly what is working and what isn't. 

The last thing to remember is to have fun and be

authentic! Social media is a marvelous tool for

business. There are conversations about everything

imaginable happening on social media platforms

right now - join the conversation!

Matthew Clayton

Founder / Director

Page 28: Marketshare Magazine Edition 2 October 2012

Generation Y are starting to venture into the business

world and the need for your business to remain

relevant and appealing has never been greater. What

will you be doing in 2012 to make your business a

magnet for Generation Y talent?

 

It’s not hard to find opinions and research attempting

to define Generation Y’s appeal and perspective on

business. It’s not surprising; in a rapidly increasing

population the need for business to be constantly

aware of the market and innovating can sometimes

seem a mammoth task.

 But while many businesses pour resources into finding

the answers, the truly innovating businesses are

leading the way by bringing young people up through

the leadership ranks faster than ever before and

realising the very real asset fresh innovative thinking

is for business in 2012.

 

Across the world we are witnessing an emerging group

of young business leaders begin to challenge the

traditional notions of business. They belong to a

generation that believes there is more to business

than profit and they bring with them a whole set of

tools (most notably social media) to challenge those

tradition notions. 

With that comes a new set of opportunities for

business. Succession planning has always been a sticky

point for many businesses and with rapidly growing

demands on business the value of having fresh

thinking and open (or shall we say less cynical) minds

in your business is invaluable.

 

It’s important to address a common myth of

Generation Y’s perceived lack of loyalty. In my

experience as a young person, nothing could be

further from the truth. The drivers of loyalty may have

changed; progressive pay incentives probably have

less relevance now than ever but if a company gets

it right or at very least opens the door to change then

loyalty is a no brainer for their employees.

 

We need to be careful to strike a balance between

identifying the common drivers of Generation Y while

not attempting to define the values of the most diverse

and radical generation to grace business to date.

 

Whilst embracing that diversity it appears there are

some common dominators amongst Generation Y

that will make for a number of interesting

conversations in coming years about the changing

role of business. These values don’t belong to

Engaging Generation Y in Business

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Article by Johny O’Donnell

“if you’re not innovating, you’re deteriorating”

Page 29: Marketshare Magazine Edition 2 October 2012

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Generation Y but they appear to be becoming more

accepted than our existing notions of what drives

performance. Financial incentives will always have

their place and are by no means redundant amongst

my generation but financial incentives in themselves

are not enough to sustain an employee’s interest or

gain their loyalty to the business.

 

One of my favourite quotes “if you’re not innovating,

you’re deteriorating” has more relevance in 2012 than

ever before. Young people are hungry for change;

businesses that live and breathe values,

groundbreaking products or services, strong company

cultures and the list goes on.

 

Most young people are acutely aware what an asset

they are to any business at the moment, particularly

in New Zealand as we chase the tail of the social media

and online phenomenon. This realisation could create

a perception of arrogance from some young people

but in reality represents a very real situation many

businesses find themselves in, needing tech savvy

team members!

 

It’s not easy for businesses to step out of the ordinary,

it involves a huge element of risk and can be especially

challenging if the traditional means of business are

still working well for you. But if you think things are

competitive now, you’re in for a shock! My advice to

all business owners is be proactive, take leadership

and challenge yourselves to make your business a

magnet for Generation Y talent.

 

What action will you take in the next 90 days to

prepare your business?

 

Johny O’Donnell is one of New Zealand’s leading

experts on Generation Y specialising in decision-

making, volunteering and business.

Page 30: Marketshare Magazine Edition 2 October 2012

Article by Braam Swanepoel

The best time to prepare for your death is when

you're young, fit and healthy. This is usually a

subject that people ignore until it is too late and

then questions like, “Who will look after the

children?” “ How do you want your assets divvied

up?” “How will I provide for my loved ones if

something happens to me tomorrow?,” and so on

become an issue if you do not address them.

Don’t leave this very important matter until you are

incapacitated or not in the position to get the

benefits that will compliment your situation. At that

point it may be too late.

Consider the following very important points and

make sure that you have them in place before

something happens.

1) Record keeping and filing system

Make sure that you have one place or file where you

can file all your documents. This includes your

financial advisers contact details, your will and policy

contracts and any information that someone will

need to deal with your estate in the event of your

death. Also make sure that you have proof of

ownership on everything.

2) Financial wellbeing of surviving

spouse, partner or children

This is an area that has been neglected for many

years and this is still the case today. If you have

minor children, please consider their wellbeing and

providing a safe and secure environment, is the least

you can do. Consider the changes that will take

place in the event of your death and what have you

done to make provision for your spouse or partner

to deal with this new situation financially. Financially

secure families are usually stronger and can make

better decisions because they don’t have pressure

on them to make the decisions immediately.

3) Personal financial wellbeing in the

event of disability or trauma

Your biggest asset that you have is your ability to

earn. What do you do to protect that? Many people

don’t think twice on insuring their cars but they

don’t even consider insuring themselves against

potential or permanent loss of earnings. How long

will your savings last if you lose your ability to earn?

What will happen if you have no income for six

months or more? Do you or your family need that

kind of pressure?

Preparing for the unforeseen

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Page 31: Marketshare Magazine Edition 2 October 2012

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4) Consider life insurance

Life insurance is the cheapest way of making

provision for your family and insuring that they will

be in the best possible position if something

happens. You owe that to your family and that is the

least one can do to make sure they are well looked

after and are in the position to make good decisions.

Taking out insurances such as income protection,

total & permanent disability cover, critical illness

and family protection benefits cover can help

financially if something does happen. Unfortunately

bad things happen to good people as well.

5) Do you have a will?

Many people argue that if they have a trust they

don’t need a will. That is not correct and you still

need to have a will to handle the personal effects

that aren't owned by the trust. You will also need to

choose an executor, who could be a friend or family

member or a professional executor such as a lawyer

or trustee company employee.

These are just a few things that you need to

consider. Please, do yourself a favor and give us a call

for a no obligation appointment or quotation to

make a difference in your family today.

Thank you for the opportunity.

Braam Swanepoel

Kingdom Financial Services Ltd

(w) 09 440 9029

(m) 021 546 436

(e) [email protected]

Page 32: Marketshare Magazine Edition 2 October 2012
Page 33: Marketshare Magazine Edition 2 October 2012

Businesses these days use numerous tools and

resources to help with growth and vitality, from

accounting and technology to networking tools. These

are all great processes to have in place and will be

positive attributes to your business in numerous ways.

However, a very powerful tool, which is necessary for

your business to be a success, is your performance

dashboard.

To achieve successful business growth a business

owner needs a business dashboard in order to make

clear choices. It will also keep you on track to achieving

your goals.

Your Key Indicators; Just Like Your Car...

The business dashboard is just like the dashboard in

your car. The average car dashboard has displays such

as the speedometer, fuel gauge, tachometer, charging

system gauge, oil pressure gauge and engine

temperature gauge. These displays tell you how the

components to your machine are working and when

an issue arises the dashboard lets you know, perhaps

through a flashing warning light, if there is a problem

or if it’s time to check on something. The business

dashboard has metrics in place like the cars gauges

which will alert you to issues which need to be dealt

with, some of which a business owner could easily

miss without a dashboard.

Relevancy + Frequency = Success

Basically a business dashboard can be weekly or

monthly systems that will help you spot at a glance

what is happening in all of the components that are

relevant in your business.

From business to business the types of metrics in the

dashboard will differ, however, the end result is the

same, to keep you up-to-date on what is happening

in your business and giving you warning time to spot

challenges and obstacles in order to find solutions,

in good time.

Cash Flow Example

A really topical example these days is measuring your

cash flow performance and safety levels. For a whole

lot of reasons it is very hard to see if you are cash flow

positive or negative and by exactly how much. A good

dashboard system would let you know this and fine-

tune the business accordingly. Get the system right and

you’ll naturally find yourself making the right decisions.

Example: A Retail Business

For retail businesses the key point is to sell your

product in order to make an income so revenue is

an important metric. By comparing your accurate

figures, from your dashboard, against your outgoings

you can keep an eye on what is coming in and what

is going out. You’ll see if more money is going out

than there is coming in - and make the necessary

adjustments before getting in trouble. A little like

slowing down in the car before you pass the

nice policeman.

Are you missing this one vital tool in your business?

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Article by Jeremy Wilson

Page 34: Marketshare Magazine Edition 2 October 2012

The dashboard takes away the guesswork and let’s you focus on what you’re good at.Look at the dashboard example above.

You can very easily see a number of key metrics

immediately, to know where your business is in terms

of cash flow, and how close you are to the proverbial

cliff (and whether you’ve moved a step towards or

away from the edge this month)

This is just one example, and what I’ve covered is a base

list - a place to start. However, the main point is to find

what the most important metrics are that make your

business flow and include them in your dashboard.

Act Quickly, Tweak Later

Note too that you won’t get it right first time, but

when you start using a dashboard, you’ll know quite

quickly what is right (or not) for your business.

Just like when it comes to your vehicle, there is no

point in knowing there is a problem but not being

able to pinpoint what it is. The dashboard takes away

the guesswork and let’s you focus on what you’re

good at. You get to tell at a glance where an issue is

occurring all while understanding the business’

financial position.

Overall a business dashboard will help you keep your

business on track by allowing you to correct issues

which aren’t on track, have up-to-date business data

at the ready and keep you motivated to reaching your

goals for your business.

If you’re not sure about where to start in creating

your business dashboard, visit the successgroup.co.nz

or contact the team and ask about their free business

Warrant of Fitness as the first step to construct your

very own dashboard.

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Page 36: Marketshare Magazine Edition 2 October 2012

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