5 Keys To Successfully Managing Any Dealership

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Presentation transcript:

5 Keys To Successfully Managing Any Dealership Mark Tewart President, Tewart Enterprises Inc #CBTConference @CarBizToday

5 Measures Of A Manager #1 - Attracts & Selects The Right Team #2 - Creates Clearly Communicated Expectations #3 - Educates #4 - Motivates #5 - Holds Accountable

Attracting & Selecting Culture & Environment Wants vs. Needs Create an “Ideal Employee Profile” for position Ask your customers – (Email, Facebook, LinkedIn) Be prepared – (Interview Questions, Profiles) Reward referrals

Clearly Communicate Expectations Written & Verbal Onboarding Routing procedures Black & White Issues Ongoing / Never-ending Review / Preview Save-A-Deal Coaching Fail-Safe Systems

Educate Continual Calendar Utilize different modes Sales Skills, People Skills, Life Skills, Marketing Skills Look for “Teachable Spirits”

Motivate 85/10/5 Rule Utilize outside resources Daily interactions – Take notice Find their “why” Cut the cancer

Hold Accountable “Coach, Counsel, Cut” “Now Management” Eliminate “Passive-Aggressive” Management Set Tolerations

Outcome Based Management Four Desired Outcomes: 1. Profit   2. Productivity 3. Retention 4. Customer Service

Measuring The Workplace – Part 1 Twelve Questions 1. Do I know the expectations? 2. Do I have what I need? 3. Do I have opportunity? 4. Have I received recognition?  

Measuring The Workplace – Part 2 5. Does my supervisor care? 6. Encourages my development? 7. Opinions count? 8. Does the purpose make me important?

Measuring The Workplace – Part 3 9. Are my co-workers committed to quality? 10. Do I have a best friend at work?   11. Has the leader talked to me about my progress?   12. Opportunities to learn?

The Most Influential Questions Questions that Most Affect the Four Desired Outcomes:  1. Do I know what is expected? 2. Do I have the what I need?   3. Do I have the opportunity?   4. Received recognition?   5. Does someone care about me? 6. Encourages my development?   Rank each Question from 1 to 5 (5 being strongly agree).

Immutable Laws OF Human Behavior 1. People don't change that much. 2. Don't focus on weaknesses   3. Grow people’s talents 4. Don't confuse talent with skills. Catalyst – “An agent of change”

Maximizing Competencies 1. Select for talent and attitude.  2.Train for Skills. 3. Don't confuse skills and knowledge for talent.  4. Set expectations for results, not just steps. 5. Work towards strengths, not weaknesses. 6. Talent is recurring patterns of thoughts, feelings and behaviors.  

Motivating People For Results   1) Pleasure vs. Pain Principle 2) Pattern recognition   3) Working towards a greater purpose 4) Team oriented goals 5) Individual goals 6) Clear communicated expectations of their actions & overall job 7) Monetary goals that are connected to the end result

Managing vs. Coaching 1) Coach people to solve their own problems. The Coaching Approach: 1) Coach people to solve their own problems. 2) Coach people to achieve their own goals.  3) Managers tend to make their employees addicted to them.  4) Creating addicted employees gives managers a misguided sense of importance. 5) Begin to coach people more than manage the process.  

Maslow’s Hierarchy

Manager Time Analysis Most to Least Productive Employees Most to Least Time Spent 1. ___________________________ 1. ___________________________ 2. ___________________________ 2. ___________________________  3. ___________________________ 3. ___________________________  4. ___________________________ 4. ___________________________  5. ___________________________ 5. ___________________________  6. ___________________________ 6. ___________________________  7. ___________________________ 7. ___________________________  8. ___________________________ 8. ___________________________ 9. ___________________________ 9. ___________________________  10. __________________________ 10. __________________________

Manager Time Analysis #2 Rank from Most to Least Where You Spend Your Time  1. Working Deals _____ _____   2. Product _____ _____  3. Administrative _____ _____  4. Heat _____ _____  5. Advertising/Marketing _____ _____  6. Education/Training _____ _____ 7. One on One Coaching _____ _____  8. Emergencies _____ _____ 9. Recruiting _____ _____  10. Other _____ _____  If you could change this what would be a more desirable order? (Put answers in second lines provided)  What is your action plan for change?   

FOR MORE INFORMATION Mark Tewart info@tewart.com Twitter - @marktewart Facebook marktewartfanpage Instagram – marktewart LinkedIn - marktewart