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TCii
Newsletter Issue: 025 | February 2010  
23 tune-ups for tough times

In a tough economy with credit extremely tight, big investments are not an option for most companies. Yet no business can afford to stand still. One of our American colleagues asked his favourite entrepreneurs for the tips and tricks they have used to pilot their businesses through difficult times. The result: 23 things that have worked to energise employees, wow customers, and get the business back on track.

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Tales from the US

“Bring back the fun.” George Naddaff, Boston Chicken

Back in the days of Boston Chicken, we had a very effective promotion for slow periods. We had a chicken suit designed. Boy, that thing was chickenlike. One of the employees would slide into it. And then we would “put the chicken on the street”.

The chicken, armed with coupons, would chase women with strollers, flapping its wings. And the street would suddenly pick up. People would start honking their horns at the chicken. Giving the chicken the thumbs-up. It just made everyone more upbeat.

So I was thinking, What can I do to get more people into my new business, UFood Grill?

I went to the guy who designed that chicken suit. And I said: “Bob, I want you to design us some French fries” – we call them UnFries – “in a box. And I’ll put a person in the box. And I want you to design a cup that looks like my UBerry yogurt. And I’ll put a person in that. And we’ll put them on the street. We’ll create some action.”

I put these things in front of our store in downtown Boston. People walking by, wanting to shake hands. Drivers raising their hands, calling out: “Hey, fries!” You create something where people are laughing. People don’t laugh today. They’re walking around worrying about their 401(k) retirement savings plans.

The suits cost only $2,500 each. We are getting a real bang for the buck, as they say in the trade. It has produced a good 8% increase across the stores. We are using the characters in front of all six of our stores in Boston, and we are going to ship them out to our franchises. We have five franchisees opening a total of 16 units. So we have three fries suits and three yogurt suits, and each unit gets to use one set for a week, and then they pass it on. We like to keep the fries and yogurt together because they get along so well.

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Further Information:

How we help Blue Chip Companies >>
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Quote of the month
“My friends, as I have discovered myself, there are no disasters, only opportunities. And, indeed, opportunities for fresh disasters.”
Boris Johnson

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Dark Angels
by John Simmons>>
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Professional Speakers
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Guest Articles
Linking financial and cultural values by Bruce Lewin, November 2009 >>

Finance for the non-financial manager by Paul Lower, January 2010 >>

Read what our clients say >>
Case Study
Visibility helps logistics giant to make its way out of the fog>>
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Working with private clients >>

Working with blue-chip organisations >>
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