﻿<?xml version="1.0" encoding="UTF-8"?>
<!--RSS generated by Windows SharePoint Services V3 RSS Generator on 9/6/2010 3:22:57 AM-->
<?xml-stylesheet type="text/xsl" href="/thoughtleadership/blogs/bs/_layouts/RssXslt.aspx?List=175fa941-9fe5-4892-b729-23a1119a220a" version="1.0"?>
<rss version="2.0">
  <channel>
    <title>Ambassador's Business Strategy Blog</title>
    <link>http://www.ambassadorsolutions.com/thoughtleadership/blogs/bs/Lists/Posts/AllPosts.aspx</link>
    <description>Posts related to business and IT strategy from Ambassador Solutions.</description>
    <copyright>Ambassador Solutions</copyright>
    <lastBuildDate>Mon, 06 Sep 2010 10:22:57 GMT</lastBuildDate>
    <generator>Windows SharePoint Services V3 RSS Generator</generator>
    <ttl>60</ttl>
    <image>
      <title>Business Strategy: Posts</title>
      <url>/thoughtleadership/blogs/bs/_layouts/images/homepage.gif</url>
      <link>http://www.ambassadorsolutions.com/thoughtleadership/blogs/bs/Lists/Posts/AllPosts.aspx</link>
    </image>
    <item>
      <title>Living in a Fable</title>
      <link>http://www.ambassadorsolutions.com/thoughtleadership/blogs/bs/Lists/Posts/ViewPost.aspx?ID=15</link>
      <description><![CDATA[<div><b>Body:</b> <div class=ExternalClass68D2C74BA344413BB27BCBF9D39575D2>
<div>Like the majority of companies, the last 18 months has seen dramatic changes in nearly every facet of our business. When I step back, it feels as though we are vividly living one of the management business fables from the likes of <a href="http://www.whomovedmycheese.com/"><strong>Who Moved My Cheese</strong>, by Spencer Johnson</a>.  As described on the website, “<em>Who Moved My Cheese? is the story of four characters living in a &quot;Maze&quot; who face unexpected change when they discover their &quot;Cheese&quot; has disappeared. Sniff and Scurry, who are mice, and Hem and Haw, little people the size of mice, each adapt to change in their &quot;Maze&quot; differently.</em>” In recent months, we’ve experienced similar, cheese-disappearing challenges.</div>
<div> </div>
<div>Not only has our client mix changed, in many cases the actual individuals with whom we have done business with for years within those clients have changed due to staff reductions. We have seen shorter engagement durations for contracts, longer sales cycles, and a significant shift in the mix of our work. In early 2008, classic staffing constituted over 70% of revenue with outsourced project work providing the balance.  Through both changes in the market and concerted effort on our part, this ratio is now reversed. </div>
<div> </div>
<div>As we grow through these changes, we are learning a valuable lesson in the difference between reading and studying management concepts and watching them play themselves out.<a name=readon></a> We are all learning in a much more real way that adjusting to a new business environment – an environment “without the cheese” - is a three-fold problem. First, we must adapt and learn the specific skills required for succeeding in a changing landscape.  Second, we must make assessments and decisions faster and faster.  And finally, we must intentionally forget that which no longer serves us. Most challenging throughout this journey is maintaining positive energy and focus on what, at times, feels like an emotional rollercoaster. </div>
<div> </div>
<div>Fortunately, at Ambassador we have a few things in our DNA that have served us well. Most importantly, we talk about this stuff. We talk about fear, uncertainty, and conflict. We try to recognize when our coworkers are clinging for the comfortable familiar, swimming in self-doubt or worry, or maybe just having a bad day. This experience has served to reaffirm the cultural values that we hold dear and forced us to truly reflect on our core competencies, resulting in deep investments in the technological skills and methods that we believe are <a href="/thoughtleadership/articles/Pages/NoMoreBuildingTireSwings.aspx">transformational to our industry</a>. </div>
<div> </div>
<div>I hope that your experiences in these trying times have been as valuable for you as they have been for us in testing our foundation and forcing a necessary rebirth. Our greatest impediment to reaching our real potential is not the challenges that lie before us but our involuntary clinging to the baggage of the past.  As in our personal lives, we have found that in order for an organization to evolve, transform, and emerge stronger it must struggle. I regularly remind myself that nothing worthwhile comes without some form of struggle, and even as we live through this real-life business fable, it is important to embrace the opportunity. <br></div></div></div>
<div><b>Published:</b> 6/23/2010 1:48 PM</div>
<div><b>Created By:</b> Forestal, Joe</div>
]]></description>
      <author>Forestal, Joe</author>
      <pubDate>Wed, 23 Jun 2010 13:04:28 GMT</pubDate>
      <guid isPermaLink="true">http://www.ambassadorsolutions.com/thoughtleadership/blogs/bs/Lists/Posts/ViewPost.aspx?ID=15</guid>
    </item>
    <item>
      <title>A Cautionary Tale</title>
      <link>http://www.ambassadorsolutions.com/thoughtleadership/blogs/bs/Lists/Posts/ViewPost.aspx?ID=14</link>
      <description><![CDATA[<div><b>Body:</b> <div class=ExternalClassAEDA707440434248846414945F10206C>
<div>I am proud to be a “sorority girl”.  I attended Miami University and was a member of Kappa Alpha Theta.  I developed many lifetime friendships and created countless memories.  I have never once regretted my decision to make Greek life a part of my college experience.  Unfortunately, the Greek system at Miami has been under fire recently.  Two sororities made news headlines for their inappropriate, nearly unspeakable behavior at their annual formals.  Thankfully Theta was not one of these sororities, however the negative attention still ends up tarnishing the name of the entire Greek community, not to mention the reputation of the university.</div>
<div> </div>
<div></div>
<div>Reputation.  Such a powerfully fragile thing.  Even as alumnae who have been removed from campus for a few years, I have friends who have been confronted by co-workers with accusatory questions like “Weren’t YOU a sorority girl at Miami too?”  All of a sudden what used to be an esteemed affiliation is now looking more like a scarlet letter. And it happened almost overnight, because of the actions of a few bad apples.</div>
<div> </div>
<div>I believe there is an important lesson here that can directly apply to any organization. <a name=readon></a> All it takes is a bad apple to ruin a reputation that takes years to build.  This is not a new concept, but it’s one that I feel is worth being reminded of from time to time.   Each person you hire, each partner you choose, each vendor you select is a representation of your firm.  And these people now have a louder voice and greater visibility than ever before.   With vehicles like LinkedIn and Facebook, the whole world knows who is connected to your organization. These people become the face of your company, and their words, actions and credibility (or lack thereof) can trump any marketing message you blast.<br> <br>At Ambassador, we take our reputation very seriously.  We do our best to only hire people we believe will honor and uphold <a href="/Documents/via/index.html">the values of our company</a>.  It is not uncommon for us to cite our values in business meetings where sensitive personnel issues and decisions are being discussed.  From time to time, we use them to call each other out (gently and respectfully, of course).  These values, fondly known as our Core Values and Values in Action, act as our insurance to protect one of our most valuable assets – our reputation.</div>
<div> </div>
<div>Maybe you have a similar value system at your company, or maybe you have another mechanism for preserving your reputation.  Maybe not.  And if that’s the case, allow my cautionary tale of inappropriate sorority girls to serve as a reminder that the actions of a few can far overshadow those of the majority and leave everyone affiliated with a bad name.  Be deliberate and selective with those who represent your organization.  Make your expectations known.  Take the necessary corrective action when issues arise.  If you proactively monitor your reputation it is far less likely that you’ll be stuck doing damage control. <br></div></div></div>
<div><b>Published:</b> 5/20/2010 4:19 PM</div>
<div><b>Created By:</b> Sellery, Krista</div>
]]></description>
      <author>Sellery, Krista</author>
      <pubDate>Thu, 20 May 2010 20:18:42 GMT</pubDate>
      <guid isPermaLink="true">http://www.ambassadorsolutions.com/thoughtleadership/blogs/bs/Lists/Posts/ViewPost.aspx?ID=14</guid>
    </item>
  </channel>
</rss>