ValuClarity

Robert Bendetti is the CFO for LifeCycle Management, an engineering services firm. I was thrilled to get him on the podcast to talk about the sometimes fraught relationship between sales and the CFO, and how the two should be partners in profit. Robert shared his perspective on the difficulty of sales, but that elite salespeople create healthier businesses for both the buying and selling companies. What a great conversation!

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Pete Romano ([email protected]) founded Segwick to be something other than just another CRM. In fact, he consultatively helps his clients achieve success by building a solution around THEIR customer's buying process, or customer journey. Pete has staked the claim as being a pioneer in CJM, or customer journey management. This is true value focus, and I wanted to share it with you. Nobody buys a CRM for its features...OK, people who end up having failing CRM initiatives do...People buy CRM to help every one of their sales people walk a customer through a buying process. This was the aspiration of CRMs, but it has largely failed. Pete and Segwick want to change all that. Even if you aren't on the market for a CRM, listen to his focus on customer outcomes. It's powerful stuff.

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Evan Dash and his wife Sarah founded Storebound in 2010 as the "anti-supplier" of home goods...being the vendor that solved retailer problems rather than creating them. Their Dash appliance brand is a huge success, and they've grown rapidly in a market dominated by giant firms. Their secret has been relentless focus on their consumers AND their retail partners. Oh, and incessant creativity and agility in how they respond to the many dramatic changes in their business environment. Evan and Storebound are a shining example of that value focus as the guiding principle of their business story.

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Repeat guest Jerry Gowen is back. This time, he's telling a story about how he dealt with a common sales situation: being called upon to assist a customer in "value engineering"....often a fig leaf for "grinding you for a price reduction". In this case, there was actually an opportunity for engineering cost out of a product, but only after winning a piece of business that his company had failed to win for seventeen years.

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Bob Truxes runs American Liberator Aerospace, an injection molding company that sells to...well...aerospace. And over a dozen other industries. As a US company, he's always had to compete with foreign suppliers, especially in Asia; China in particular. An outsider would think that's a tough uphill battle, but Bob's company has been doing it successfully for about 15 years. The trick is adding value: delivering an outcome to a customer that a price-based competitor can't.

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I was struck by the similarity between the premise of my book, "Radical Value", and the ideas of Peter Drucker, who is famous for many things, including "the purpose of a business is to create a customer"...except that he went on to say some important things after that pithy gem. I wanted to share my thoughts on the rest of that quote, as well as some thoughts on famous business books of the past.. and today's business priorities and metrics. Here's a link to the article I quoted: https://www.forbes.com/2006/06/30/jack-trout-on-marketing-cx_jt_0703drucker.html?sh=3fdc64f3555c

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This is the third episode with my old colleague, Jerry Gowen. He's got a lifetime's worth of value selling stories, and we focused mostly on the value of RELIABILITY. Many products or services differentiate by being more reliable in some way, but few sellers are good at selling all of the value that reliability delivers to their customers. As a result, they don't sell as successfully, or at the prices they could. Jerry's stories are pure gold, and I encourage you to listen to them.

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Scott Newsome is the CFO and a board member at Dexwet (https://dexwet.com), an Austrian company which has patented and developed an air filtration technology that 1) operates at both high and low airflow rates that are difficult/impossible for conventional media filters to handle, 2) has much lower maintenance requirements and costs than traditional media filters. Dexwet has concentrated on markets it can easily dominate, and Scott is making sure that his entire organization is engaged in engaging every part of his customers to maximize value delivery. There are lessons here for every company.

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Nathan Kievman runs Linked Strategies, which has grown from a LinkedIn lead gen shop to something far more valuable -- and far more successful. He's evolved his business into "Accelerating the Growth of Conscious and Transformational Companies and Individuals". To achieve that customer outcome, Linked Strategies has had to offer more services, rethink its talent strategy, and create a highly engaged culture. This is an extra-length episode, because Nate keeps dishing out insights.

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Season two of the ValuClarity podcast featured some major executive themes, and Gayle Keller helped me cover one of the most important. Gayle has been a successful woman in a STEM-related business,..isn't it sad that she's an anomaly? Gayle is committed to helping women find their voice and their confidence. WE had a great conversation about it. Thanks, Gayle!

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