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This article explores the challenges and strategies involved in managing an informal collection of vendors with loosely defined structures. It discusses the importance of shared commitment to market success, effective communication, accepted decision-making processes, and addressing issues and concerns. It also emphasizes the need for clear rules and regulations, vendor oversight, and a paid manager to ensure efficient management.
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How are you going to manage? • Informal • collection of vendors • loosely managed • minimal structure
How are you going to manage? • Informal • collection of vendors • loosely managed • minimal structure • Vendor led • defined leadership roles • varying levels of rules and regulations
How are you going to manage? • Informal • collection of vendors • loosely managed • minimal structure • Vendor led • defined leadership roles • varying levels of rules and regulations • Manager • paid manager • vendor oversight • formal rules and regulations
Essential elements How are you going to manage?
Essential elements shared commitment to market success How are you going to manage?
Essential elements shared commitment to market success effective communication How are you going to manage?
Essential elements shared commitment to market success effective communication accepted decision-making process How are you going to manage?
Essential elements shared commitment to market success effective communication accepted decision-making process time, effort, energy How are you going to manage?
Essential elements shared commitment to market success effective communication accepted decision-making process time, effort, energy Issues, concerns, problems How are you going to manage?
Essential elements shared commitment to market success effective communication accepted decision-making process time, effort, energy Issues, concerns, problems competing vendor vs. market interest How are you going to manage?
Essential elements shared commitment to market success effective communication accepted decision-making process time, effort, energy Issues, concerns, problems competing vendor vs. market interest in the dark, gossip, no voice How are you going to manage?
Essential elements shared commitment to market success effective communication accepted decision-making process time, effort, energy Issues, concerns, problems competing vendor vs. market interest in the dark, gossip, no voice every decision’s a new hurtle to be overcome How are you going to manage?
Essential elements shared commitment to market success effective communication accepted decision-making process time, effort, energy Issues, concerns, problems competing vendor vs. market interest in the dark, gossip, no voice every decision’s a new hurtle to be overcome too few with too much to do How are you going to manage?
How are you going to manage? • 10% - rules & regulations
How are you going to manage? • 10% - rules & regulations • 85% - management
How are you going to manage? • 10% - rules & regulations • 85% - management • 5% - consequences
Market rules and regulations Managing rules and regulations is a four-step process
Market rules and regulations Managing rules and regulations is a four-step process • Undertake an inclusive and representative rule making process that produces clear, enforceable, and fair rules designed to support vendor and market success. Roles and responsibilities within the market must also be defined.
Market rules and regulations Managing rules and regulations is a four-step process • Undertake an inclusive and representative rule making process that produces clear, enforceable, and fair rules designed to support vendor and market success. Roles and responsibilities within the market must also be defined. • Adopt a process or provisions to correct mistakes made in Step 1 - anticipate the need to update, amend, or delete any rule that does not effectively serve its purpose.
Market rules and regulations Managing rules and regulations is a four-step process • Undertake an inclusive and representative rule making process that produces clear, enforceable, and fair rules designed to support vendor and market success. Roles and responsibilities within the market must also be defined. • Adopt a process or provisions to correct mistakes made in Step 1 - anticipate the need to update, amend, or delete any rule that does not effectively serve its purpose. • Incorporate within the rules and regulations a process for addressing complaints, issues, and violations.
Market rules and regulations Managing rules and regulations is a four-step process • Undertake an inclusive and representative rule making process that produces clear, enforceable, and fair rules designed to support vendor and market success. Roles and responsibilities within the market must also be defined. • Adopt a process or provisions to correct mistakes made in Step 1 - anticipate the need to update, amend, or delete any rule that does not effectively serve its purpose. • Incorporate within the rules and regulations a process for addressing complaints, issues, and violations. • Invest time and energy required to manage what you have created.
Managing conflict, solving problems Common problem areas
Managing conflict, solving problems Common problem areas • Bending or breaking the rules and regulations
Managing conflict, solving problems Common problem areas • Bending or breaking the rules and regulations • Inadequate or poor market communication
Managing conflict, solving problems Common problem areas • Bending or breaking the rules and regulations • Inadequate or poor market communication • Personality or personal conflicts
Managing conflict, solving problems Common problem areas • Bending or breaking the rules and regulations • Inadequate or poor market communication • Personality or personal conflicts • Unfair practices, inconsistent treatment
Managing conflict, solving problems Common problem areas • Bending or breaking the rules and regulations • Inadequate or poor market communication • Personality or personal conflicts • Unfair practices, inconsistent treatment • Real or perceived favoritism
Managing conflict, solving problems Common problem areas • Bending or breaking the rules and regulations • Inadequate or poor market communication • Personality or personal conflicts • Unfair practices, inconsistent treatment • Real or perceived favoritism • Rumors, hearsay, and covert issues
Managing conflict, solving problems Preventive measures for keeping the peace
Managing conflict, solving problems Preventive measures for keeping the peace • Structure and process for governance including rules, enforcement, and consequences
Managing conflict, solving problems Preventive measures for keeping the peace • Structure and process for governance including rules, enforcement, and consequences • Clear definition of operational roles and responsibilities
Managing conflict, solving problems Preventive measures for keeping the peace • Structure and process for governance including rules, enforcement, and consequences • Clear definition of operational roles and responsibilities • Agreed to expectations for vendor conduct, professionalism, and compliance with rules and regulations
Managing conflict, solving problems Preventive measures for keeping the peace • Structure and process for governance including rules, enforcement, and consequences • Clear definition of operational roles and responsibilities • Agreed to expectations for vendor conduct, professionalism, and compliance with rules and regulations • Vendor grievance procedure and resolution process
Managing conflict, solving problems Sample statement of vendor professionalism
Managing conflict, solving problems Sample statement of vendor professionalism The market requires that all vendors comply with standards of professionalism that promote open communication, mutual respect, and the best interests of the market.
Managing conflict, solving problems Sample statement of vendor professionalism The market requires that all vendors comply with standards of professionalism that promote open communication, mutual respect, and the best interests of the market. Disruptive actions or remarks that undermine the shared success of any or all of our community of vendors are unprofessional and unacceptable.
Managing conflict, solving problems Sample statement of vendor professionalism The market requires that all vendors comply with standards of professionalism that promote open communication, mutual respect, and the best interests of the market. Disruptive actions or remarks that undermine the shared success of any or all of our community of vendors are unprofessional and unacceptable. Failure to comply with these standards could result in suspension or removal from the market.
Managing conflict, solving problems Elements of a formal grievance process
Managing conflict, solving problems Elements of a formal grievance process • Procedure for submission in writing (or email) to manager, oversight committee, or board
Managing conflict, solving problems Elements of a formal grievance process • Procedure for submission in writing (or email) to manager, oversight committee, or board • Official acknowledgement of receipt within limited timeframe
Managing conflict, solving problems Elements of a formal grievance process • Procedure for submission in writing (or email) to manager, oversight committee, or board • Official acknowledgement of receipt within limited timeframe • Responsible governing group reviews grievance, determines next steps, and resolves issues raised
Managing conflict, solving problems Elements of a formal grievance process • Procedure for submission in writing (or email) to manager, oversight committee, or board • Official acknowledgement of receipt within limited timeframe • Responsible governing group reviews grievance, determines next steps, resolves issues raised • Decisions and actions to be taken communicated to vendor(s) and documented - no appeals, decisions are final