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Tag: funeral management

How Do You Handle Price Shoppers?

As I was preparing this week’s article my friend, Dale Clock, posted this question and a followup on his blog Dale Time. (please click on the highlighted words and read his full comments)   This is a phenomenon that has become all too familiar and one that deserves discussion and feedback.  How do you handle price shoppers?  Do you have a system?  How successful are you?  You can comment on his blog or mine.

Now is the time to share.

The irony of Dale’s question is that this week’s article in The Creedy Commentary is about pricing strategy and is entitled “How to stop customers from fixating on price.”  It is based on recent research reported on in an article in Harvard Business Review.  I decided to delay my article in favor of helping Dale hear from even more readers.  So stay tuned.

The Perils of Group Think

Why it is so important that you practice Critical Thinking

I am concerned that we, as a profession, are making vital decisions about our future largely on the basis of opinion and conjecture.  Worse, we are allowing ourselves to be influenced by strong personalities or companies who have a need to fit their product into our solution.  Folks with “axes to grind” or “dogs in the hunt.”  You know what I mean. 

If you have been active at any level in our industry for the past half decade you cannot help but be aware that there is growing belief that we are in process of transformation.  Most people agree that DeathCare will be very different as quickly as 10 years from now.   A majority (including some of our major vendors) think our best years are behind us.  (I disagree)   There seem to be an unlimited number of people who have opinions on where it will go.   And opinions and conjecture always seem to degenerate into debate…mostly pointless. (yet another opinion)

 In general, however, there is simply confusion and that brings me back to my point.  As a profession, unless we begin to think for ourselves we are simply destined to repeat the past.  The result: we go in circles. 

Stop and think: For more than ten years we have faced continual erosion of profitability.  Despite our best efforts trends have not been impacted…at least in our favor.  A lot of you (not all) have spent money, time and resources to end up not much better off than you were before.   You did what you did because you thought it would work.  After all, all your friends thought it would work too. 

Einstein once said, “Problems cannot be solved by thinking within the framework in which they were created.”  Deathcare, despite its appearance of fragmentation, does have a shared vision.  Unfortunately, even for those who claim to think outside the box, that vision views everything through a very narrow context: Traditional Burial.   As a consequence many of us have made choices that, in retrospect, had we been thinking critically, we would not have made.  Things like spending too much on a new building, or getting into the pet cremation business solely for the purpose of generating more revenue, buying a cemetery, or paying too much to buy out a partner.  Nothing is wrong with any of these and some of you have managed to turn lemons into lemonade.  But they have not been the answer we thought they would be.  In fact, in many cases they only increased our burden.

I am not trying to make you a cynic…just a skeptic.

The essence of Critical thinking lies not in answering questions but in questioning answers.

  • Just because it fits your paradigm doesn’t mean it’s true
  • Just because your friend did it doesn’t mean it’s good for you
  • Never allow someone’s position, clothing or apparent socioeconomic level influence you
  • Practice a healthy dose of skepticism when someone needs to include their product in your solution
  • Be patient, early adopters make mistakes
  • Develop a tolerance for short term ambiguity and anxiety
  • When you find an expert be very sure they aren’t just a hammer in search of a nail
  • Ask “Why?”
  • Ask “How do you know?”
  • Take anecdotal evidence with a grain of salt
  • And, best strategy of all: Be Warren Buffet and ask,  “If I make this investment how am I going to get two dollars back for every $1 I spend? How long will that take? And do I understand  the risk?”

My opinion is that we have a great future.  But that future demands that we objectively examine every “sacred cow” almost three dimensionally.  Then we must decide which of them should be turned into hamburger, which should be nurtured and built upon and where we might find some new and more effective ones. 

Action Item:  If you have really begun to think criticially you know that your first step should be to:

Question everything I have just told you!

The Warning Signs of Becoming Irrelevant

Wise words from Coach Nick Saban, Football Coach, University of Alabama

Are you in danger of becoming irrelevant?  It’s easy, you know?  Countless organizations have achieved this dubious distinction.

Here are the warning signs:

  • Facilities are outdated and tired looking
  • Staff are disengaged, marking time and unmotivated
  • More time is spent whining than doing
  • Customers just aren’t like they used to be
  • Preoccupation with the past
  • No time spent on the future
  • Expectation that tomorrow will be just like today…and it is
  • No one exploring the big issues like:
    • Where do we need to be?
    • What do we need to do?
    • How do we change?
    • How can we be better?
  • Feeling of being trapped
  • Absentee ownership

Recently, I heard Nick Saban share one of the ways he motivates his Alabama Football Team, “We didn’t come here to be irrelevant!” he tells them.

 It’s a wake up call.  I don’t know about you but I didn’t come here to be irrelevant and I don’t think you did either.

Admittedly, things in DeathCare have been trending negatively for several years now,  but when I listen to a lot of us it sounds like we think it’s hopeless.  I vigorously disagree.  Nothing is ever so bad you can’t do something.  Maybe it’s time to sell.  But…maybe it’s time to decide you don’t want to sell.  Maybe it’s time to admit you aren’t a great leader and find a mentor to help you learn to be a better one.   There are lot’s of things we can do but the first step is to:

LOOK BEYOND YOUR CIRCUMSTANCES

You see, if you only look at your circumstances, your circumstances are in control.  The burden of the present is simply too much.  Research shows that those who candidly face reality but never stop believing that the future can be better have a much better chance of succeeding than those who give up.  Kinda makes sense, doesn’t it?  When we look beyond our circumstances we start seeing things as they could be instead of the way they are.    We gain a sense that it isn’t the beginning of the end… but only the end of the beginning.

Here’s the take-away: Dying is one thing that will never go out of style.  People will always die.  How they choose to interact with that event or process is the only thing in play.  Right now we have the “Home Court Advantage”.  What will we do with it?  So far not much.  But that can change.  And if history is any indicator it will.  Stand up, get back in the fight, learn to think for yourself and stay away from depressing people…you can’t afford to let them bring you down.