Showing posts with label Method. Show all posts
Showing posts with label Method. Show all posts

Wednesday, August 01, 2012

"Start Something That Matters" by Blake Mycoskie

In his book Start Something That Matters, TOMS founder Blake Mycoskie provides a solid business book by guy who appears to genuinely believe in helping others.



TOMS is known for it's One for One practice of giving away a pair of shoe (often via Shoe Drops to needy children) for each pair ordered and Mycoskie in the book provides an interesting tale of his background and thoughts about succeeding in business while also doing good.

He began starting companies at 19 and TOMS came out of a trip to Argentina in which Mycoskie saw both huge numbers of children without shoes and a local shoe that he felt could be adapted and sold in the US. The combination of this philanthropic goal with the intent of a for-profit shoe company turned into what the company is today.

In terms of content in the book, Mycoskie provides some solid ideas for success and references examples of their utilization both by himself and others. Method Products is noted as company which (just like TOMS) uses the power of an authentic story to build towards success and the casual dining chain Chipotle brought up as a company founded and run around simple ideas executed on well. Additionally, Charity: water is noted as being a philanthropic organization that's done great work in part due to it's incredibly open and transparent approach to where donations are spent.

Also noted as important by Mycoskie are the ideas of facing ones fears (with him referencing Tim Ferriss writing about worst case scenarios not being that bad) and the huge import of employee trust and morale. The idea from Mycoskie was that the better a company's employees feel about their jobs, the better business will be... which follows very much in line with the idea I've long felt that how employees treat customers is a reflection on how they're treated by management.

A couple of other things mentioned that Mycoskie didn't devote as many words to, but still seemed of import were writing down ideas as they come to you and living simply... with owning as little as possible. Both solid concepts within what was an excellent book by someone doing good work.

Thursday, September 08, 2011

Inc. Magazine Speaker Event

Recently attended a speaker panel put on by Inc. Magazine here in San Jose and found it to be pretty thought provoking. The event was titled "Helping Businesses Grow Healthy" and put on by Inc. in conjunction with United Healthcare.

Information on the event from the Inc. website:

"Building a healthy workplace is a tough job. Leaders that promote and support wellness in the work environment reap the benefits of loyal employees and gain a competitive advantage. Hear from a panel of entrepreneurs that are implementing new workplace initiatives and have been recognized for their winning culture. Even if you aren't in a position to execute ideas at once, you'll learn about the small steps that make a difference for your employees and for the health of your company."

Moderator Kyra Cavanaugh, President and Founder of LifeMeetsWork
Panelists:
Tania Binder, Senior VP of Global Sales of TRX
Chris Mittelstaedt, Founder and CEO of The FruitGuys
Eric Ryan, Chief Brand Architect & Co-founder of Method; Co-author of The Method Method: Seven Obsessions That Helped Our Scrappy Start-up Turn an Industry Upside Down

My thoughts on the event:

1. The invite was very much appreciated and while I don't imagine running these events is a profit center for Inc., having them is probably very much in line with the message and value-add of the magazine.

2. It of course relates to the "Healthy Workplace" theme, but there seemed to be such an emphasis by the panel speakers on employee culture. This manifested itself in things from the the hiring process (was interesting to hear of the difficulty in hiring good people) to how employees are treated. Ranging from things like encouraging healthy living to asking workers what matters to them, this concept of employee treatment was a big deal to the panelists. Pay value of that to the company would be to both keep attrition low and have employees be more productive and better ambassadors for the business if they feel treated well and buy in to the company mission.

3. I found myself wondering how much harder it must be for leadership of a public company to have this same focus on employee culture. The long term benefit of a positive work experience is of course there for both public and private companies, but a publicly traded business is more beholden to shareholders and short term results. That whole mandate for officers of a public company to increase shareholder value... it can be a nebulous charter.

4. Was very impressed by the panelists from the perspective they each had an idea that they made into something. Eric Ryan from Method probably has achieved the most success so far, but all had interesting stories to tell.

My take away from their accomplishments was whether it be for a product, a company or a person in the workforce… an offering or value add can be a powerful thing and shouldn't be discounted. If someone has said offering, the goal then should be to find a place for that thing rather than simply trying to sledgehammer a product, service or candidacy as an employee into an existing slot that may not jibe with or appreciate it fully.

True, this may or may not be what the panelists were really trying to communicate (and it's presumed wisdom that trends towards the squishy), but anyone having taken the time to attend the event should take from it what makes sense to them.

Back to the statement made at the beginning of this post... thought-provoking stuff that I'm glad Inc. put together and extended the invitation for.