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Casual Articles - Are You a Victim of the Financial Services Industry?
Training and Development - Employee Retooling is Critical to Long-Term Success been told that:We all know the importance of training and developing our staff. It keeps team members motivated, generating increased productivity. They eagerly use their skills to the benefit of the business. So why is it that we continue to take short-cuts with training?There are a couple of reasons. First, some fear training their employees. They don’t want to spend big money to train workers, only * Plenty of people are making a lot of money in the business. Truth: About 15% a Collaboration: 3 Keys to Keeping Your Documents from Getting Lost in the Shuffle Most buyers want to do business with people they can trust: Being trustworthy is key to successful selling. Yet, most salespeople who work in the field of Financial Services have been deliberately and calculatedly misled by their employer- usually a Brokerage Company or an Insurance Company. Is it any wonder that only 3 out of 20 people who enter the field survive?Often, collaborating documents in a team or in a business can feel like a complex sports play gone wrong. The ball gets passed off to the wrong person, dropped, or even lost. In addition, most document collaboration happens electronically. We are always told to save and resave these electronic documents, but it gets to the point that we can’t even keep track of which draft we’re on. Not to m You are a victim of the financial services industry, if you've been told that: * Plenty of people are making a lot of money in the business. Truth: About 15% a Management: Training Is An Investment for Forward Thinking Business Leaders et, most salespeople who work in the field of Financial Services have been deliberately and calculatedly misled by their employer- usually a Brokerage Company or an Insurance Company. Is it any wonder that only 3 out of 20 people who enter the field survive?Training is not new to small businesses or to the Fortune 1000 corporations. Employees must be trained to learn specific skill sets within their job functions as well as policies and procedures. This is especially true in today’s technology driven 24/7 business world.During the last 100 years, training has been viewed by some as the necessary evil. The prevailing belief was "W You are a victim of the financial services industry, if you've been told that: * Plenty of people are making a lot of money in the business. Truth: About 15% a 10 Ways to Get Fired: Decisions That May Cost You the Corner Office ed by their employer- usually a Brokerage Company or an Insurance Company. Is it any wonder that only 3 out of 20 people who enter the field survive?Among Fortune 500 CEOs and entry-level employees, Donald Trump’s “You’re Fired” mantra has become more than a catchy phrase. Gone are the days when employees sought to remain with a company until retirement. Today’s technically charged-fast paced-global market fuels competition for competent employees who only maintain three to five-year shelf lives. Ideally, finding a good career that provides You are a victim of the financial services industry, if you've been told that: * Plenty of people are making a lot of money in the business. Truth: About 15% a Let's Build Cell Phone Booths! f 20 people who enter the field survive?At every few corners in major urban areas, you used to see phone booths.Before cell phones, they served a significant purpose, of course, providing telephone access to the multitudes.But now that they’ve been disappearing, they’ve taken more than dedicated phone lines with them.They’ve removed a significant semi-private space, as well.The old phone booth, while seldo You are a victim of the financial services industry, if you've been told that: * Plenty of people are making a lot of money in the business. Truth: About 15% a Excessive Turnover (ET) Management been told that:This subject is addressed time and time again. Some retailers have more Store Manager and Assistant Manager positions open than they have filled. Take a look at on-line job sites and you’ll see that even large, well known retailers are trying to fill positions that should be filled with candidates from within the company. In fact, if a solid internal promotion policy was in place – one that rea * Plenty of people are making a lot of money in the business. Truth: About 15% are making a decent living selling financial services, the rest are struggling. * Most people really need your products and services. Truth: Most people may need your products or services, but most don't want to buy them. Unfortunately, insurance companies don't teach you how to find the High Probability Prospects that do want to buy insurance now. Rather, they want most of their agents to beat the bushes for the low prob
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