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How to Add Value � by
Timothy Schneider, Publisher, Association News
How
to Add Value � by Timothy Schneider, Publisher, Association News
Los
Angeles, CA � August 2011 � It has become standard practice in the advertising
industry for clients to ask for �added value� when requesting a proposal
from a publication or other media outlet. The concept of added value, however,
is one that can be applied in almost any situation, whether it�s an employee
looking for career advancement, a supplier looking to strengthen client
relationships or an association looking to recruit and retain members.
In
order to truly add value, you first must have a clear idea of what�s required
in a particular situation. Whether it�s a job description or a business
proposal, documenting in writing the basics establishes the playbook from
which those concerned can receive guidance. It is important to realize,
however, that written requirements may or may not capture all of the expectations
of the person preparing the playbook. That�s because the written requirements
tend to detail what�s hoped for as the end result, not how the end results
are achieved. The �how� usually involves behavior and work styles that
may or may not fall within the range of expectations of the person requesting
the action.
Assuming,
however, that both what�s required and what�s expected can be delivered,
then and only then can you hope to add value. Indeed, truly adding value
only occurs when you�re able to go beyond meeting the basic requirements
and expectations in a particular situation. In the case of an employer/employee
relationship, for example, only when the employee is handling the requirements
of the job contained in the written job description and is behaving in
ways that meet or exceed the expectations of the employer is the employee
in a position to add value. At that point, taking on a project or a responsibility
that is not a part of the job description constitutes added value for the
employer.
In
a supplier/client relationship, simply delivering what was ordered and
doing so in a timely manner is usually enough to satisfy both the requirements
and the expectations. Adding value means doing something more�perhaps upgrading
the product delivered or shortening the time it takes to deliver it. Following
up to make sure the customer is satisfied when it�s neither required nor
expected can certainly be a form of added value.
In
an association setting, adding value means delivering not only the membership
benefits promised and routinely satisfying your members� expectations but
also finding ways to exceed their expectations. Since different categories
of members have varying needs and expectations, it is imperative that association
managers devise ways of adding value specific to membership type. In the
field of association management, added value is very rarely a case of �one
size fits all.�
The
good news when it comes to adding value is that while doing it successfully
requires careful advance consideration, delivering the added value itself
is often exceedingly simple. At an association, for example, it can be
as easy as scheduling time each week for the chief executive to phone several
key members just to stay in touch. For those members, that one additional,
personalized contact from the association may be just enough added value
to keep them loyal to the organization for years to come.
This
August 2011 issue of Association
News can be viewed in digital format by clicking
here.
Timothy
Schneider is the 2010-11 chair of the Destination
& Travel Foundation and the publisher of Association News
and SportsTravel magazines, which serve group travel planners responsible
for generating 106 million hotel room nights annually. Schneider
Publishing also organizes the TEAMS
Conference & Expo, the world�s largest gathering of sports-event
organizers, which will be held October 3-6 in Las Vegas. For further information
on advertising or sponsorship opportunities, please call toll-free 877-577-3700
or 310-577-3700 if calling from outside the United States.
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Media
Contact:
Timothy
Schneider
310-577-3700
Schneider
Publishing Company, Inc.
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©
2011 Schneider Publishing Company, Inc.
11835
W. Olympic Blvd., 12th Floor, Los Angeles, CA 90064
Tel:
310-577-3700 Fax: 310-577-3715
Publishers
of SportsTravel and Association News
Organizers
of the TEAMS '11 Conference & Expo, October 3-6, 2011, Las Vegas, NV
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