Tailoring Business Strategies to Individual Traits
The Art of Influencing Decisions Based on Personality Insights
Managing and Motivating People
People are different but the skills to manage, market and sell to them are the same. These are the skills that successful businesses master.
But a lot of firms I meet aren’t doing this. They treat people like numbers on a spreadsheet or units of sales.
When they treat people as a cost, people treat them as a pay check to be maximised for the minimum of effort. When these businesses want to expand they have no choice but to make expensive hires.
The companies that count people as units of sales risk buyers walking away. Their clients leave terrible reviews and customers churn.
What are they missing?
Change My Mind
Managing, marketing and selling are about changing people’s minds. This requires a change in their emotional state. Whether it's fear, anxiety or excitement, without an emotional shift people stay right where they are.
The first step to moving people is building trust. This flows both ways and if you don’t trust an employee or a client, do not expect them to trust you.
Thereafter you establish credibility. If you want people to change you must appeal to their personality type. Each type has a leadership style to which they respond best.
Adaptive Strategies
The first written record of personality types was by Hippocrates almost 2,500 years ago. He identified four types of people he called earth, fire, water and air. Every theory about character and personality since then, builds on these insights.
People are impassioned about personality types, especially those selling tests. They waste hours arguing over methods, when it’s what you do with the analysis that matters. I use four types for three reasons:
The Controller
Controllers are organised networkers and make solid number twos to detail-focused CEOs. They fear failure however, and are quick to attribute blame.
The Cheerleader
Cheerleaders are people pleasers who keep everyone involved and work well on teams. But they are frightened of rejection and struggle to make decisions.
The Calculator
The detailed focused technician quoting facts and figures is a Calculator. They are trusted to get things done. They hate to be wrong and can be poor team players.
领英推荐
The Complier
This is a high energy multi-tasking person who volunteers for everything. They appear at the heart of a business. But they loathe being left out and miss deadlines to ensure they have a say.
Leadership styles
The Champion
The Controller who takes responsibility steps up to be a Champion. This is an all-action leader who appeals to the Cheerleader’s need for authority.
The Embracer
Cheerleaders who overcome their fear of rejection become inclusive and supportive leaders. They appeal to a Controller’s desire to feel valued which allows them to accept responsibility.
The Guide
Calculators who recognise more than one way of doing things become effective Guides. This leadership style helps the Complier focus on achieving goals.
The Joker
The Joker sees all sides and knows what to say and when. They diffuse the self-importance of Calculators and assign them the tasks to which they are best suited.
Exercise: Know Your Personality
These are four statements that align with each of the personality types. Rank them from most to least important. Then do the same for someone close to you, at work or at home.
Now ask the person to do the same for themselves and for you. Compare results.
Working with Strategies and Styles
Try and match leadership styles with adaptive strategies when assigning managers or resolving disputes. To be an effective leader you must be able to adopt the characteristics of all four leadership styles.
Marketing and presentation materials must appeal to the four personalities. You do this by addressing objections about budget, authority, need and time.
When selling it is important to identify the adaptive strategy of the buyer. Do not mimic it, but rather adopt the leadership trait that most appeals to their personality.
I'm Simon Maughan and I write The Profit Elevator as a guide for B2B firms seeking faster growth. Managing and Motivating People is the theme of The Management Mentality Map in my P.R.O.F.I.T. Through Process Planner.
If you found this letter valuable and the mood takes you, please share it with a friend.
Founder @ Halo Lab ? I help companies create design that outperforms competitors ? 500+ projects launched, $530M client total funding ? Insights on Design & Entrepreneurship
9 个月Exactly! Understanding and connecting with people on a human level is what sets successful businesses apart.
Strategist | Investor | Helping you find your competitive advantage through Strategy
9 个月Mastering these skills is non-negotiable if you don't want to stick to mediocre success.
Founder @ King Strategic Consulting
9 个月I’ve long been perplexed by the reluctance to see and meet people as they are. It reflects how difficult true connection is that we seek to “quantify” people as numbers instead of learn the challenging skills
Time for your Business Take Off. Avoid the advice that keeps you stuck. Founder of Business 737.
9 个月They often choose the easiest approach but that rarely yields the best results
Helping Growing Businesses Save 20+ Hours/Week through Optimised Systems & Automation | Systems Specialist | ClickUp, Monday & Asana Certified Expert
9 个月Absolutely Simon Maughan! Treating people like individuals is key to building trust and relationships.