88 2007-2-6 02:06 PM
How to Fall in Love With Your Vendors
Several years (and several companies) ago, I was on a team responsible for launching a new careers website. I was working for a large, well-known multinational company, and in keeping with our stature, we worked with a very prestigious advertising agency.
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Things had been going pretty well, when for some reason we stopped hearing from our account director. We were on an aggressive timeline, and needed the branded graphics we had been promised in order to meet our website launch deadline. NBh)Tv&k2~
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We tried everything we could think of to get our ad agency to respond to us, including calling and leaving numerous messages and sending countless emails. In desperation, I decided to leave a very polite and diplomatic message with the account director's vice president.
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As if by magic, three things happened almost instantly. First, my company's senior HR VP was whisked off to an expensive lunch at a very exclusive restaurant. Second, my direct supervisor's family was treated to a Broadway show in New York City. Third, I received my graphics, unremarkable in every way, and we eventually saw the very same images in several other ad campaigns for completely different companies.
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I left my company not long after that for unrelated reasons, but when I did, that advertising agency was still in place, smugly and arrogantly.'G2a%n-B4y
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More recently, I was on a team charged with selecting a new exhibit-group vendor for my company (another large multinational). All we needed was someone to store our exhibit displays, and we had worked closely with our procurement department in identifying promising leads.
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After reviewing our options, we had narrowed the choice down to two. I was particularly busy at the time, and was none-too-thrilled by the prospect of visiting two companies that, on paper, appeared to be offering identical services for similar costs.
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We visited the first, and I saw pretty much what I expected: a large warehouse, a fleet of trucks, and a dedicated team. But when we went to the second, we were absolutely blown away by what awaited us.pVJ\j"n5nd D
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The second exhibit group company had gone to great lengths to prepare for our visit. They had read everything they could find about our company. They had prepared "idea books" to show off their creative folks. They talked about how excited they were about the possibility of doing business with us, and proved beyond a shadow of a doubt how they were the only possible choice for storing our booths.
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We ended up selecting them, and over the next 18 months, they took on dozens of other successful projects for us.
88 2007-2-6 02:07 PM
[b]Helpful Hints for Working With Vendors[/b]Ik1K(n;O(pkc
Selecting vendors carefully is one of the most important tasks that we as talent acquisition specialists have. Think of how many vendors you work with right now: applicant tracking system providers, advertising agencies, background screeners, job boards, consultants, and more.
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Here are some hints I've picked up through the years that can make your vendor relationships the best part of your job:
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Stop awarding business on price alone. I can't claim credit for this one; this is one of E. Edwards Deming's "14 Points for Management" from his famous book Out of the Crisis. If a vendor's culture and ethics don't match those of your own company, you'll end up overpaying dearly in the long run (both in financial terms, and also in terms of lost opportunities because your vendor doesn't really understand you). It's also a terrible way to build relationships based on trust. I am NOT suggesting that cost be eliminated as a consideration; rather, that it not be the only one. I have seen too many examples to name where a vendor was selected because of a ridiculously small "price advantage," then provided such lousy service that it took years to undo the "guilt by association" created in colleagues' minds. "z X&w9n
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[color=Blue]Tell others when you're happy.[/color] People are often surprised when they learn how freely and willingly I give out the contact information of my favorite vendors. I can't help it! When I find a person or company that does something well, I want to share in their success. Some of my proudest moments have come when vendors tell me that a contact I initiated at a meeting or convention resulted in new business for them. This is an ethical way of rewarding a vendor for a job well done, it reinforces the type of vendor behaviors you like, and it helps ensure the company is around to serve you in the future.