Management

Q&A: BlueSky Brandsโ€™ Richard Hebert on Recent, Future Acquisitions, Goals
November 28, 2006

Having recently signed licensing agreements with the catalog brands from nonprofit organizations, Winterthur Museum and the National Wildlife Federation, Allston, Mass.-based catalog holding firm BlueSky Brands now operates five titles, including Paragon Gifts, Bits & Pieces and Bits & Pieces UK. BlueSky Brands CEO Richard Hebert discussed with Catalog Success his companyโ€™s recent acquisitions, business strategies and plans for the future. Catalog Success: What are BlueSky Brandsโ€™ goals? Richard Hebert: Weโ€™re looking to grow organically, as well as through acquisition. Weโ€™ve been pretty acquisitive so far, having obtained five retail direct-to-consumer brands in addition to the AB&C Group, our fulfillment company. And you will certainly see

Behind the BlueSky Brands-Winterthur-NWF Catalog Licensing Deals
November 17, 2006

These are complex deals and for the launch of my new section on CatalogSuccess.com, I will explain some of the metrics and reasons for this unique transaction structure.

First, however, hereโ€™s the deal: BlueSky Brands, which owns the for-profit Paragon and Bits and Pieces catalogs, signed exclusive licensing agreements to manage and operate the direct-to-consumer catalog and Internet merchandising businesses of Winterthur Museum & Country Estate and the National Wildlife Federation (NWF), both of which are nonprofit organizations.

Winterthur and NWF have operated successful direct response merchandising business for years. In this deal, BlueSky formed two operating brands: Winterthur Direct (WD) and National Wildlife

Donโ€™t start a catalog!
September 30, 2006

Reallyโ€ฆ I mean it!

If youโ€™re not already in the catalog business, donโ€™t start one. In fact, you can stop reading here.

Donโ€™t even waste your timeโ€ฆ

O.K., you got me. Iโ€™m being ironic.

In fact, a few paragraphs down, Iโ€™ll tell you why now is the best time to start a catalog business. But, only as long as youโ€™re willing to follow the few simple rules of the catalog business. Rules that run counterintuitive to your current business model.

To me, this is a fitting way to start my first weekly blog (silly word blog, but less silly than saying the word โ€œspamโ€

Staff Management: Put Systems in Place to Measure Productivity
March 28, 2006

A key point of employee goal-setting is to help your staffers become more productive. Thatโ€™s why you donโ€™t want to confuse activity with progress. Put systems in place for measuring productivity throughout your catalog company. Then live by those productivity measurements. Remember this mantra: What gets measured gets done. Create policies ensuring that the โ€œurgentโ€ doesnโ€™t take precedence over the โ€œimportant.โ€ And do everything you can to eliminate redundancies and busywork. Once youโ€™ve set the measurements, give feedback, both formal and in real time. Establish ongoing evaluative processes so that employees receive managerial feedback on how well theyโ€™re meeting their goals. But donโ€™t limit

Human Resources: How to Recover From Workplace Mistakes
March 21, 2006

We all mess up sometimes -- a meeting falls flat, you lose your temper with a co-worker, or you step on the gas instead of the brake and smash into someoneโ€™s house. Well, some mistakes are bigger than others. But whether youโ€™re a salesperson who lost an account or an employee who just told off your boss, donโ€™t start looking in the want ads yet. If you play your cards right you, too, can get a second chance for a do-over by using your sense of humor. Laughter breaks tension, changes the mood and creates an opening for a do-over. And a little light-hearted,

Executive Focus: Build a Business Model for Better Growth
March 7, 2006

If your companyโ€™s goal is profitable, multichannel growth, business modeling can offer you a clear strategy to achieve that goal. Simply put, a business model defines how your company generates revenue, and describes how your pricing, service and channel strategies work together. The process of detailing revenue sources, customer relationships and organizational structure identifies opportunities and challenges. This reveals the correct behaviors that should be your companyโ€™s focus. A unique, sustainable and hard-to-copy model will begin to take shape as you continue this process. Identifying your companyโ€™s current components is the first step to creating your optimal business model. Begin by answering the following

Human Resources: Goal-Setting Strategies for Your Employees
March 7, 2006

Almost half of the U.S.-based working adults who completed a recent online survey said theyโ€™re given no clearly defined goals on the job. โ€œToo many companies are dropping the ball in regard to helping their employees set and work toward well-defined goals,โ€ says Joanne Sujansky, CEO of KEYGroup, a consultancy that commissioned the online survey taken by more than 1,700 workers ranging in age from 18 to 64. โ€œWhen employees donโ€™t have crystal-clear goals to work toward, theyโ€™re going to waste time and resources. Theyโ€™re going to be inefficient.โ€ Following are some of Sujanskyโ€™s tips for setting goals for your employees: Share the big

Select Your Recruiter
February 28, 2006

When in search of top management talent for your multichannel business, you have several options for help, notes Les Gore, managing partner of Executive Search International, a Newton, Mass.-based executive recruiting agency specializing in direct marketing, in his white paper โ€œStrategies for Finding Top-Notch, Experienced Talent.โ€ Retained searches are generally best when youโ€™re recruiting for high-level positions such as chief executive, president and vice president. Offering a more consultative search, the retained search firm probably will spend a day at your site, observing your operations, conversing with key personnel and getting a clear understanding of your companyโ€™s needs, notes Gore. The recruiter will develop

Two Questions for Strategic Planning
February 28, 2006

In preliminary conversations about long-range strategic planning with direct marketing CEOs, Don Libey, president of consultancy Libey Inc., asks the following two questions. Whatโ€™s your exit strategy? โ€œUntil the objective of the end is known, we cannot create a strategy to get there,โ€ writes Libey in the new book โ€œLibey and Pickering on RFM and Beyondโ€ (MeritDirect Press), which he co-authored with Christopher Pickering, partner at MeritDirect. โ€œYou operate businesses very differently depending on whether they will be sold to a competitor, sold to an investment group, given to the children, structured as an employee buy-out or liquidated for cash,โ€ Libey writes. โ€œFor each end game,

Executive Focus: Managing Your Managers When Things Go Wrong
February 21, 2006

As the head of a catalog company, you likely oversee a number of supervisors who are responsible for another group of employees. While dealing with and managing various management styles isnโ€™t always easy, human resource professionals Michael Simpson and Gina McClowry offer the following scenarios and resolutions in their white paper,โ€Practical Approaches for Managing Managers,โ€ which recently was released by the Society for Human Resource Management. ยฅ Dealing with a manager who doesnโ€™t support your vision. When a manager doesnโ€™t support the companyโ€™s vision or direction, it can lead to lowered morale among the entire staff, note the white paperโ€™s authors. In most cases, deal