JULY 2009
5 Ways to Retain, Motivate and Get More From Your Marketing Team During the Recession
During this economic downturn, trade show managers are facing a double-edged
sword…at the same time show floors are getting smaller and less crowded, low
employee morale threatens to make matters even worse. Managers who believed
that their employees would work harder, out of sheer gratitude for having a
job, have
come to realize that may not be the case. In fact, research suggests that during
a recession, absenteeism and costs increase, productivity, profits and customer
service decrease and employees report lower
levels of motivation and engagement. So what should you be doing to retain
employees and keep morale high?
1. Ask employees for valuable marketing feedback. A team approach will help fight the recession’s impact. And to have a team approach,
you need buy-in from your employees. This means you’ve got to engage them on
a whole new level. Ask your staff to define your event’s positioning, competitive
advantage, goals, etc. Ask them what opportunities they see for improving performance
and surviving the downturn. Ensure everyone on the team is heard and that everyone
understands and is committed to the same goals.
2. Make employee recognition a priority. A simple ‘thank you’ or small reward
can do wonders to elevate mood, ignite morale and engage employees. When
the rewards are tied to your marketing (or sales) goals, it reinforces positive
behavior.
Managers that figure this out will reap rewards in the near term and will
be in a stronger position when the economy rebounds.
3. Present your top performers with new opportunities. Trust them with new responsibilities, allow them to attend a professional conference
or seminar, invite them to sit in on an important meeting, or provide any type
of opportunity that gives them a fresh challenge or chance to learn something
new.
4. Communicate. If your staff doesn’t get news from you, the gossip mill can take over, raising
anxiety. Openly discuss your event’s performance, challenges, opportunities
and potential new marketing strategies to keep your employees informed and
allay their fears about job security.
5. Lead by example. If your employees have to work overtime to handle an increasing workload due
to cutbacks, support them. Use common sense, remembering
that you’re under more scrutiny as a leader now than ever before. And if
you come into work with a "victim to the down economy" attitude, know that
your team will pick it up.
The steps above will help managers lift their team out of the recessionary
rut, having an immediate impact on productivity and morale. Communication,
recognition and strong leadership will reengage employees, galvanizing
them around key goals and putting your company or association back on track
to greater productivity.
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| Attendee Marketing: What’s Working in Today’s Economy |
| IAEE Roundtable at TS2 |
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IAEE’s Senior Executives Roundtable, co-located with TS², goes beyond education—it’s
aimed at C-level professionals who need market intelligence
and real-world solutions. As
part of the program, Denise Paccione, president of Marketing
Design Group, will facilitate a discussion with the top minds
in the business, discussing what strategies and tactics are working
to motivate prospects to participate in face-to-face events
in today’s economic climate.
Click here for more
information and to register. |
A future InnerCircle newsletter will summarize the discussion, so stay tuned! |
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