"Each problem that I solved became a rule which served afterwards to solve other problems."
- Rene Descartes (1596-1650), "Discours de la Methode"
In my last post I mentioned that I should do several posts from this quote. Here's part II. In the last one I focused on building a "learning organization." This time I want to focus on "individual learning."
Many organizations focus on episodic training sessions to teach people the skills they need to do their job. Some go further and provide seminars to increase an employee’s enthusiasm and motivation. But again, it's done in an episodic somewhat disconnected manner.
Studies have shown that a person will retain, at most, about 10% to 20% of the content of a two hour training session or seminar. Add a consulting piece and that number increases to 30% to 35%. But add a coaching and/or a mentoring program and that number can go as high as 80%!!!
So make sure that you look at the big picture first, and then connect the pieces. Your organization's leaders and managers should make sure that team members understand the context of any training and that the training fits the context (that is the strategy and culture) of your organization. Then coach and mentor your people to use that training to solve the real problems they face and move the organization closer to it's Vision (it's preferred future state).
Be Wise,
--Charles
Showing posts with label seminars. Show all posts
Showing posts with label seminars. Show all posts
Tuesday, November 25, 2008
Wednesday, June 21, 2006
Connections
Over a year ago I made a rather interesting discovery (at least I think so). I was looking for information on creating free publicity and came across a lady who calls herself the "Publicity Hound." I perused her website for a while and then signed up for her free e-newsletter. I found the information somewhat useful but the true value I received was in the way she did business. I learned about a very powerful (and profitable) way to use the same content in many connected forms and in so doing create a seemingly never ending source of income. I'm sure that's as clear as mud so let me take a minute to explain further.
The Publicity Hound travels around the U.S. doing seminars and speeches. At each stop she mentions her website and various resources available (e-newsletter, pamphlets, cd's, dvd's, workbooks... and teleseminars). The teleseminar is usually an interview with an expert on a certain topic. The teleseminar is recorded and made into both a pamphlet and a cd. The topic is then written about in her e-newsletter and links to all the products available to help the subscriber learn more. Upcoming speeches, seminars and teleseminars are also listed. In effect, a never ending loop of revenue has been created.
I was so enthralled with my discovery that I contacted the Publicity Hound and asked her a rather personal question, "How much do you make each month from your product sales?" Her answer shocked and amazed me. Let's just say she makes 5 figures per month. This is not someone with great name recognition (have you heard of her before?) But she has good search engine recognition and good content. And once you get caught in her revenue loop it's very difficult to get out.
So are you connecting all your potential revenue generating activities?
The Publicity Hound travels around the U.S. doing seminars and speeches. At each stop she mentions her website and various resources available (e-newsletter, pamphlets, cd's, dvd's, workbooks... and teleseminars). The teleseminar is usually an interview with an expert on a certain topic. The teleseminar is recorded and made into both a pamphlet and a cd. The topic is then written about in her e-newsletter and links to all the products available to help the subscriber learn more. Upcoming speeches, seminars and teleseminars are also listed. In effect, a never ending loop of revenue has been created.
I was so enthralled with my discovery that I contacted the Publicity Hound and asked her a rather personal question, "How much do you make each month from your product sales?" Her answer shocked and amazed me. Let's just say she makes 5 figures per month. This is not someone with great name recognition (have you heard of her before?) But she has good search engine recognition and good content. And once you get caught in her revenue loop it's very difficult to get out.
So are you connecting all your potential revenue generating activities?
Labels:
cashflow,
pr,
products,
public relations,
publicity hound,
revenue,
seminars,
speaking,
teleseminars
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