<![CDATA[Pressat Main Newswire]]> https://pressat.co.uk/rss/ <![CDATA[Pressat Main Newswire]]> https://pressat.co.uk/media/site/logo.png https://pressat.co.uk/rss/ en-gb Copyright: (C) Pressat Pressat <![CDATA[ Wallace Morgan: The Importance of Mentorship ]]> https://pressat.co.uk/releases/wallace-morgan-the-importance-of-mentorship-51c20f60d9f382280ddd4bfb86db2302/ https://pressat.co.uk/releases/wallace-morgan-the-importance-of-mentorship-51c20f60d9f382280ddd4bfb86db2302/ Monday 22 September, 2014

As a mentor of many young entrepreneurs, Tommy Smith, Managing Director of Wallace Morgan explains the importance of having a mentor in the business industry and outlines the fundamental skill sets of being a coach.

Most organizations are talking about coaching their workforce. The truth is that rarely any company has actually provided training on how to coach people for their managers. Tommy Smith, entrepreneur and Managing Director of Wallace Morgan, says, "It is crucial for businesses to define what coaching individuals and teams really means and train all managers accordingly." By clearly communicating what the development of their workforce should look like, Wallace Morgan have increased their sales by nearly 42 per cent.

Managers must be able to transfer their skill set, insist Wallace Morgan. The easiest model to do that is 'Tell, Show, Do, Review'. Tommy Smith of Wallace Morgan says, "Unfortunately, many businesses believe that telling their workforce what to do should be enough to get the job done." Tommy Smith adds, "In order to achieve and drive high performance however, managers must clear their schedules and be 'on the floor' with their teams. What could be more important than investing time in the people who bring the results of an organization?"

Coaching is an important skill. Wallace Morgan say that managers must have the skill-set to recognize when poor thinking is leading to poor results and then have the ability to specifically influence performance outcomes. "I have seen businesses with great teams and yet their performance was below target", states Tommy Smith of Wallace Morgan. It is crucial to identify what the perception of team members is towards their work. Negative, confused and frustrated thinking can lead to under-performance. "When managers are capable to identify these issues they can then specifically overcome the given challenges by increasing engagement and morale through specific steps," explains Tommy Smith.

For Wallace Morgan, coaching and mentoring have absolute priority. Tommy Smith strongly believes that having the right coaching technique in place increases the value of an organization. He is of the opinion that firms must have a clear understanding of organized development in order to achieve consistency of practice across the entire management team and the business.

Wallace Morgan are an outsourced events marketing firm based on Avenue of the Americas in New York. The company promotes and sells products and services on their clients' behalf at various events to reach a specific target audience. Tommy Smith believes that development is the foundation for being successful. The firm offers a Business Development Program to entrepreneurs who are looking to run their own business but may not have the relevant skills or guidance. "Our Business Development Program teaches people about sales and marketing, area management, leadership, the importance of mentoring and coaching and what it takes to open up a business and keep ahead of the competition", explains Tommy Smith of Wallace Morgan. "We have dedicated mentors for everyone as development of people is our so-called secret to success. The mentor is a person people trust, who identifies challenges and resolves them by taking dedicated time with an individual, listening to them and showing hands-on how great performance looks like," adds Tommy Smith.

Wallace Morgan have big plans. Due to their current success, their clients would like the firm to represent them nationally. Plans to go overseas in 2015 are also under discussion.




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http://www.wallacemorgan.com/ 22 Sep 2014 08:27:18 GMT Business & Finance Media & Marketing
<![CDATA[ Wallace Morgan: Is the USA Economic Condition Improving? ]]> https://pressat.co.uk/releases/wallace-morgan-is-the-usa-economic-condition-improving-a677748a4cd2695d295c7258be562f2e/ https://pressat.co.uk/releases/wallace-morgan-is-the-usa-economic-condition-improving-a677748a4cd2695d295c7258be562f2e/ Thursday 19 June, 2014

Events and promotions, direct marketing firm, Wallace Morgan ask is the USA economic condition improving?

In USA Today they have put a positive spin on the economic condition saying that, “While the U.S. economy grew less than 2%, the output of a number of states grew well in excess of 3% last year.” Although the United States economy only grew 1.9% in 2013, down on the previous year’s 2.8% growth, according to USA Today there are 10 states that are exceeding these statistics and have the highest real Gross Domestic Product growth rates for 2013.

The study in USA Today claimed, “There were considerable differences in what drove national growth and what drove output in the fastest growing states.” For the nation it seemed that it was nondurable goods manufacturing and agriculture, forestry, fishing and hunting that were the top two contributors to national growth. But for five of the top states their growth was primarily a result of mining. That includes; oil, natural gas and coal production. Other than those states that benefited from mining activity, a few of the nation’s fastest growing states did follow the national trend, gaining a considerable share of their growth from agriculture.

The report suggests that this could come down to population growth, pointing out that whilst the U.S. population rose just 0.7% between July 2012 and July 2013, the population growth in most of the states with the fastest growing economies was well above that.

However, Reuters have a different opinion on the matter, highlighting the negative side and suggesting a dip in consumer confidence. According to their report, “U.S. consumer sentiment fell in June as views by consumers with the lowest incomes soured.” They point out that although the economic conditions rose from 94.5 to 95.4 they were below the original forecast of 95.7. They also revealed that the survey’s gauge of consumer expectations slipped to 72.2 from 73.7 and missed it’s expected 74.6 target and that the one year inflation expectation was at 3% down from 3.3%. While the survey’s five-to-ten-year inflation outlook was at 2.9% compared with 2.8%.

Wallace Morgan believes that although the economy is not hitting the targets they thought it would the U.S. economic conditions do seem to be improving. Although this seems to be the case in some areas rather than others this may be accountable for with things such as population growth. It also seems that the key is to restore consumer confidence and encourage them that it is possible for the economy to grow against the trend, as some states have proven.

It is clear that fluctuations do not seem to affect the firm as their direct sales and marketing model is deemed ‘recession proof’ due to their ‘no win = no fee’ policy. Wallace Morgan is a full service, events and promotions firm in Manhattan, New York. They believe that their direct marketing approach can guarantee results for their clients and therefore offer a ‘no win = no fee’ policy. They have a strong client demand which is encouraging for growth, which proves how the fluctuations in the nation’s economic growth do not seem to affect them. The firm announced last week that they are on target to hit $2Million in revenue this year.




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http://www.wallacemorgan.com/ 19 Jun 2014 09:53:46 GMT Business & Finance Media & Marketing
<![CDATA[ Wallace Morgan Inc. Maintain Growth Momentum in Competitive Markets ]]> https://pressat.co.uk/releases/wallace-morgan-inc-maintain-growth-momentum-in-competitive-markets-2b46c31eb40885f5d9ead8be15fe8cf6/ https://pressat.co.uk/releases/wallace-morgan-inc-maintain-growth-momentum-in-competitive-markets-2b46c31eb40885f5d9ead8be15fe8cf6/ Friday 14 March, 2014
MD Tommy Smith at Wallace Morgan Inc. credits controlled growth for the firm’s success since the start of 2014.

Wallace Morgan Inc. is a newly established direct marketing firm in New York. The ambitious start-up, who set up business in Manhattan at the start of the year, have maintained a steady growth. With only a few months under their belts, it might seem a bit early to be discussing success stories, however, with such a huge demand for direct marketing, Wallace Morgan Inc. has witnessed immediate results. Managing director Tommy Smith at Wallace Morgan Inc. says, “The demand for direct marketing is always increasing. so it’s important we have a plan in place to manage the growing requirements of our clientele.”

The sudden surge in business encouraged Wallace Morgan Inc. to produce a ‘controlled growth’ strategy. This means that Wallace Morgan Inc. will always remain in complete control of their success. They are the ones who make the decisions of when to expand and how they will growth.

It’s inevitable that every business wants to grow, but it’s important to highlight the dangers from growing too quickly can have on a business. Un-controlled growth could in fact result in the failure of a business. ACS Distance Education have outlined the symptoms of un-controlled growth and encourage businesses to keep a look out for these occurrences, to avoid losing control completely. These symptoms include runaway costs, a lack of overall co-ordination, an excessive increase in staff numbers, a climbing turnover rate and an increasing backlog of work. On the other hand, ACS Distance Education encourage businesses to consider growing their business when the following situations occur: a gradual increase of sales, products or services are being a competitive prices, excellent communication lines within the business and costs are being controlled closely.

Tommy Smith at Wallace Morgan Inc. claims that, “Our objective is to control our growth, we refuse to be a business that fails to deliver quantifiable results due to unmanageable growth.” It is this mentality, along with their ‘quality over quantity’ policy that has led to Wallace Morgan Inc.’s success to date. The firm strongly believe that with controlled growth comes satisfied customers as they are always delivering quality results.

Wallace Morgan Inc. is an outsourced sales and marketing start-up located in the heart of Manhattan. The firm achieve quality results for their clients by setting up professional events, promotions and brand awareness campaigns. The firm’s successful start to the year has prompted the firm to make international growth plans, at a steady and controlled rate.

Source:
http://www.acsedu.com/info/business/management-education/growth-control.aspx


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http://www.wallacemorgan.com/ 14 Mar 2014 10:57:31 GMT Business & Finance Media & Marketing