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AboutTime Newsletter February 2009
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Liz LaJoy
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FunctionFox is committed to helping small creative companies improve their business. TimeFox, our simple time and project tracking system, helps small advertising, design, marketing and public relations firms manage their business and do more with their valuable time.

Article Index Back To Top
Survey: How are you managing your business during the recession?
Feature Article: Benefits of Responding Well to a Downturn
FunctionFox Webinar Series: Removing the Blocks to Creative Thinking
Contact FunctionFox
Survey Back To Top
Survey: How are you managing your business during the recession?

Interested in learning how other creative professionals are managing in the current economy?

Complete our 4 minute survey online and find out.

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Feature Article Back To Top
Benefits of Responding Well to a Downturn
by David C. Baker

The heady days of automatic success are long gone, and since late 2001, marketing firms we run across have achieved success the old fashioned way: they've earned it. I would even argue that the leanness many firms have experienced has been good for them.

Why, you say? Sometimes it's only the inevitability of your situation that provides the courage to make those tough choices. When you later look back on the decisions you are making now, you might realize that this period was a watershed that set you on a path of great prosperity. The vast majority of our clients have found that to be the case.

Not to get too philosophical here, but in my own experience the things I am most confident about now are the things that I struggled about earlier. Failing in the trenches has taught me invaluable lessons. In fact, I tend to coast when things are going well. It's pleasant and relaxing when there is no financial pressure, but my life does not typically improve any more than incrementally when that is the case. In your case, these good things that emerge from leanness might help you thrive...eventually. And here's what I mean.

Better Client Base. Your first tendency in a lean environment is to take any work you can get. You then might compound that first mistake by making another: keeping staff in order to lose money servicing clients who aren't a good match. Even though it seems counter intuitive, don't ignore profitability just for the sake of cashflow. That fallacy is partly how you got here in the first place. You've got to be choosier, and there is no better time to start. If you must cut staff, just for cash reasons alone, you will soon face capacity issues as your frantic marketing efforts pay off. When that happens, pare your client base back even further before adding staff. And that's the point. You'll be more careful about adding employees, choosing instead to cycle clients.

Better Employee Base. You probably grew up hearing the notion that last hired equals first fired. That might be integral to some union contracts, but it's not a good way to do business in a creative services environment. Dismiss people purely on the basis of what you need and how suited they are to meet that need, and in so doing you will raise the average competency level of your staff. In an environment where work is falling off the trucks you tend to overlook performance issues because you are struggling with getting the work done in the first place. Not so when things are lean.

Better Teamwork. Want to find out what people are made of? Go through tougher times when the difference between selfish and unselfish choices is more apparent. Some people will surprise you and some won't, but there will be no mystery about who is fair, hardworking, and committed for the long haul.

Better Prospective Employee Pool. When it does come time to add an employee, either through attrition or from your renewed growth, there will be more good choices than during a time of economic strength. Salaries will not be as high, "attitudes" will be less prevalent, and great candidates will be more

This article has been provided by ReCourses. For more information, please visit their web site at http://www.recourses.com
FunctionFox Webinar Series Back To Top
Removing the Blocks to Creative Thinking
Presented By RaShelle S. Roberts, Creative Coach and Founder, inVision
Thursday March 19, 2009
2 PM Eastern | 11AM Pacific (what time is that in my time zone?)

Free 30 minute webinar with 15 minute Q+A following.

It's not always a lack of creativity that keeps us from delivering our best work. Instead, it's usually the blocks or barriers that stand between us and our ability to perform at an optimal level. Join us as RaShelle teaches how to identify these distractions and eliminate them, so your creative thinking and talents can help you develop your very best efforts - both for your clients and for your career.


March 2009

Monday Tuesday Wednesday Thursday Friday
16 17 18 19

2:00pm Eastern
1:00pm Central
12:00pm Mountain
11:00am Pacific


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