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Where do the Best Ideas Come From?
Main / CEO Perspectives  

Where do companies get their best ideas for change initiatives and for continually challenging their organizations to improve?

I spend a lot of time traveling around the country meeting with companies similar to Fisher's who are the best in the business.  We talk about best practices, industry benchmarks, customer-centric cultures, product line strengths and weakness, etc.  They are extremely valuable meetings and Fisher's has implemented lots of change initiatives from those ideas that have made a real impact in our business.

That said, the best ideas do not come from meeting with other companies and talking with industry consultants.  The best ideas, without a doubt, come from Fisher's employees. 

I meet one-on-one with three Fisher's employees every week (cycling through the entire company about every four months).  In these sessions we have extremely open, candid dialogue about what is going well at Fisher's, what is not going well, and what new ideas everyone has for us to improve.  It's Fisher's employees who understand best how to communicate better with customers, what new processes can allow us to fulfill an ever-increasing number of new orders, what infrastructure investments will improve our response times, how we can have even more fun as a company, etc. 

I have found these simple meetings to be far more valuable than visiting the best of the best around the country.  So I would like to thank Fisher's employees for their open and honest feedback that has taken this organization to new heights.

Posted by Christopher Taylor at 7/11/2007 6:27 AM Permalink | Trackback
Comments (1)
Re:Where do the Best Ideas Come From?
Chris - sounds like a fantastic model you have, and in reading between the lines, it's the combination of both a fantastic, open conversation with your employees, *and* the input you seek from outside your four walls. I wouldn't discount either side of that equation.

You may want to add a third leg, and as you also hint at, you're focused on this without mentioning it here explicitly - being customer-focused is a great way to keep a pulse on what your customers KNOW they need and want, and to interpret their feedback to INFER what they are looking for.

If you wanted to go a further step, you could always pursue a more explicit means to tapping your customer or extended community, ala an Innovation Challange (see/hear the podcast I'd done on this topic recently - http://www.biztechtalk.com/2007/08/crowdcasting-an.html).

Keep up the good work though, sounds like you are constantly honing your business, and that's always good to hear!
Posted by Anonymous on 8/14/2007 9:02 PM
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