Your
Effective Executive Letter for Business Results: 10/8/08
=============================================================
1.
Partnering for Profits: Why Do Alliances Fail?
2.
Executive Presentation Skills: Posture by Design
3.
Association Executives: Membership Drain
=============================================================
Partnering
for Profits: Why Do Alliances Fail?
In
the 2006 publication titled, “Managing Alliances for Business
Results” it was reported that there were three basic alliance failure
causes: Number one, at an astonishing 46% was poor strategy and business
plans. Following in the number two position was poor or damaged
relationships between firms at 40%. And in the rear at number three were
bad legal and financial terms and conditions showing at 14%.
In
my opinion, all of the above could be thrown into a single category;
poor planning. As the profession of alliance manager leaves infancy, an
increasing number of alliance metrics has appeared. While this is
wonderful for maintaining a properly developed alliance, it still falls
short in the area of alliance development.
Here
is a recommendation; bring alliance managers into the negotiations
earlier. Generally it is the business development department that builds
an alliance, however the alliance managers are the ones that make things
work—so why not bring them in at the onset of negotiations rather than
in the organizational phase?
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Posture by Design
For
every presentation you give you can select either casual or authority
posture, or just let your natural style decide for you. Posture by
design connotes you selecting, rather than a choice by any other than
your conscious mind.
The
challenge for a person that might naturally have an authoritative
posture is in selling any kind of relationship or trust idea.
Conversely, the person with a more casual or relaxed posture might have
trouble selling organizational policy or directives.
If
you keep your feet planted, that is authority posture. Put your hands in
your pocket, that’s casual posture. Body erect is authority while
slightly leaning against a table or lectern is casual. Correctly
selecting the right posture for selling a specific issue is crucial.
Select your posture by design rather than simply take a chance.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas, assistance, and resources.
Trade
Association & Professional Society Executives: Membership Drain
“…the
number of association members can reasonably be expected to rise over
the next 10 years, from about 51 million members at present to about 55
million by the year 2015.” So stated in the 2005 “Generations and
the Future of Association Participation” white paper published by the
William Smith Institute for Association Research.
The
report also acknowledged that unforeseen events can greatly affect their
predictions. Not too many predicted the current financial crisis, and
there will be fallout with association membership. I believe one of the
important keys for current member retention is proving value.
I
continue to study association membership recruitment material that only
reveals features of membership and not translated into the actual value
a current or new member might receive. Keep going down that path and you
can be assured of membership drain. Help your members to justify their
membership investment by creating a new recruitment vehicle that clearly
reveals VALUE. This will help current members justify their investment,
and encourage new members to join their industry strategic alliance.
By
the way, it is only value if it makes their life better; and advocacy,
while important, is not a direct member benefit—everyone gets that
value, regardless of their membership status.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.GrowingYourAssociation.com
=============================================================
Grow
your organization (for profit or non-profit) with smart alliances—why
not get started now? Call me at 800-839-1520 for a consultation. We see
5-20% market share increases almost instantly from targeted marketing
alliances. Might there be an opportunity you are missing?
Need
a dynamic keynoter? View four of my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 10/1/08
=============================================================
1.
Partnering for Profits: Management Driven
Alliance
Disruption
2.
Executive Presentation Skills: Story Heroes
3.
Association Executives: Value through Publishing
=============================================================
Partnering
for Profits: Management Driven
Alliance
Disruption
Recently
I found myself involved in a dispute between a company that purchased a
service and the service provider company. After a bit of research, it
was very clear to me that the conflict emanated from the fact that the
CEO of the purchasing company put a person in charge of the project that
was simply incapable of managing the project.
The
project manager sent out “red herrings” to hide their incompetence,
hopeful that with enough conflict created, the service provider would
take up the slack in the area which the project manager lacked
competence.
This
project manager created much more stress in the lives of the people
involved than was ever necessary. Who is to blame? The CEO is in my
opinion; he put the wrong person in charge of the project. What about
you? Are you selecting the correct and competent person to manage your
alliance relationships? If not, rest assured that this “wrong
person” is KILLING your valued relationships.
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Story Heroes
Everyone
knows the benefit if story telling; catching the attention of audience
members and giving them a framework for remembering your points of
wisdom. To make your stories even more powerful; who should be the hero
of your story?
OMG,
I hope you did not say “me.” You should never be the hero of your
own stories because then the story is simply about you. Much better is
to have someone else as the hero, even if you really do believe that you
are the hero.
By
making someone else the hero, your audience members will better relate
to you, remember your story, and respond to your efforts to move them
from point “A” to point “B.”
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas, assistance, and resources.
Trade
Association & Professional Society Executives: Value through
Publishing
The
economy sucks! Okay, I said it. Your members are struggling. Are your
publications serving the needs of your members today? As an example, if
you are currently working on an article in the area of social
responsibility, which is a nice topic—are you writing it through the
window of how your members can truly profit through social
responsibility?
Your
publications belong to your members. Are the articles helping them solve
today’s problems? You most likely have a covey of suppliers that would
love to write “generic” solution driven articles simply for the
benefit of “exposure.” In today’s difficult economic situation,
are you leveraging the knowledge of your suppliers? Or, is your Board
saying, “We can’t let them write for us; first it wouldn’t be fair
to the other suppliers and second, they wouldn’t buy ads in our
publication.”
Get
past these provincial beliefs and move toward delivering true value to
your members. Leverage the strengths of your industry suppliers. Just be
aware of the difference between an “advertorial” and a solution
driven article. Help your members to succeed.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.GrowingYourAssociation.com
=============================================================
Grow
your organization (for profit or non-profit) with smart alliances—why
not get started now? Call me at 800-839-1520 for a consultation. We see
5-20% market share increases almost instantly from targeted marketing
alliances. Might there be an opportunity you are missing?
Need
a dynamic keynoter? View four of my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 9/24/08
=============================================================
1.
Partnering for Profits:
Alliance
Lifecycle Disruption
2.
Executive Presentation Skills: Authenticity in Speech Titles
3.
Association Executives: Employee Performance Appraisal
=============================================================
Partnering
for Profits:
Alliance
Lifecycle Disruption
You
plan your alliance, launch the alliance, and hope to enjoy the benefits
before the alliance comes to an end. However, sometimes an unexpected or
unanticipated event comes along and changes things for you.
Let’s
explore what these events might me; merger, acquisition, changes of
current business conditions. With the highly talked about American
financial crisis, the business environment has most definitely changed
and this is affecting the alliance strategies of financial
organizations—the ones that survive, that is...
With
mergers, there is a better chance of having the time to adjust and plan.
But with an acquisition—that could come and blind side your alliance.
The above three events could disrupt the success of your alliance and
force you, or your partner into the exit phase of alliance lifecycles.
Be alert!
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Authenticity in Speech Titles
Some
people don’t have much to say, but you have to listen so long to find
it out. At a recent conference that I attended there was a presentation
titled, “Marketing 101 for [the industry will go unnamed]” and I
made a special effort to attend the session. Wow, was I disappointed.
After 30 minutes of a 90 minute session the speaker had said NOTHING!
And, he was monotone—thereby boring. He just read his PowerPoint
bullet points. The content was so elementary that I gagged.
Wanting
to give the guy a chance, I thumbed through the handout to discover the
rest of the presentation would be devoted exclusively to advertising
(something the speaker sold). Now, let’s look at this; dishonesty in
title, and boring—as would you, I left.
What
I hope this means to you is that you are honest with your presentation
titles, and if you really do not have anything to say, don’t accept
the speaking engagement.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas, assistance, and resources.
Trade
Association & Professional Society Executives: Employee Performance
Appraisal
I
was recently looking through the various employee performance appraisals
uploaded at ASAE & The Center for Association Leadership’s Web
Site. Looking at the method frequently employed is that similar to how
one was graded at school; A, B, C, D, etc. OMG, haven’t we had enough
of that?
Looking
at these forms reminded me of an interview I had conducted, for my first
book, with executives from Mitsubishi Motor Sales of America. They had
been doing the same thing but realized during a time when they were
trying to improve productivity that they could no longer grade their
employees like when they were in school. They abandoned the 90% or
better as an “A” method for a “kinder and gentler” three choice
rating: (1) Exceeding Expectations, (2) Meeting Expectations, (3) Needs
Improvement. Yep, that simple!
Perhaps
now is the time to review, how you review your staff?
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.GrowingYourAssociation.com
=============================================================
Grow
your organization (for profit or non-profit) with smart alliances—why
not get started now? Call me at 800-839-1520 for a consultation. We see
5-20% market share increases almost instantly from targeted marketing
alliances. Might there be an opportunity you are missing?
Need
a dynamic keynoter? View four of my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 9/16/08
=============================================================
1.
Partnering for Profits: Will They Be There for You?
2.
Executive Presentation Skills: What’s Your Style?
3.
Association Executives: Relationship Bank Deposits
=============================================================
Partnering
for Profits: Will They Be There for You?
When
stuff happens, it’s your alliance partner that either will, or will
not, be there for you. Hopefully when it “all hits the fan” you’ll
have made enough relationship bank deposits to allow you a withdrawal?
During
times of calm, your alliance partner simply keeps things in motion but,
what about in times of chaos? Make your relationship bank deposits now,
and do it frequently. This way, your alliance partner will hopefully be
there for you when you really need them. That day might be tomorrow.
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: What’s Your Style?
This
week, I’ve been enjoying a biography on Frank Sinatra; the subtitle
being, “How You Wear Your Hat.” The book is not typical in that it
does not keep a chronological time line but rather covers topics around
how Frank intentionally decided to live his life. Frank was largely
influenced by Humphrey Bogart who told Frank to find his own style.
That
leads me to this week’s question, “What’s your style?”
In
effectively communicating your ideas, this is hugely important. Number
one; you cannot copy someone else’s style, you’ll just look foolish.
Yet, how does one find their own authentic style? Yes, that’s the
$64,000 question (old term, some X or Y Gens might not get it—sorry).
Finding
your own style is, I fear, a journey rather than a destination. Things
change, you’ll change. The best I can offer is this: The Universe
knows, and when you are truly ready to learn, your teacher will appear.
Your teacher might appear in a form other than what you’d expect. So
do your best to quiet the static in your head so you can listen intently
to the universe. You might be amazed at what you’ll hear.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas, assistance, and resources.
Trade
Association & Professional Society Executives: Association
Relationship Bank Deposits
When
an association signs up a new member, generally a membership package of
some sort is sent to the new member. Unfortunately, that package
generally falls short of delivering any outstanding value to the new
member. Then, too frequently, that is the extent of the association’s
relationship bank deposits.
Now
comes the next year when the association asks for a membership renewal.
If the member does not renew, that person is then seen as being
uncommitted to the association. Is there something wrong with this
picture?
Association
Executives around the globe—why no relationship bank deposits between
sign-up and renewal request? “Oh, we sent them our magazine,” you
say, “Isn’t that enough?”
NO!
If
you want to keep your members, ask yourself, “What have we done for
that member lately?” And no, it is not enough to state that they could
have attended our convention.
What
are you doing for your members, today?
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.GrowingYourAssociation.com
=============================================================
Grow
your organization with smart alliances—why not get started now? Call
me at 800-839-1520 for a consultation. We see 5-20% market share
increases almost instantly from targeted marketing alliances. Might
there be an opportunity you are missing?
Need
a dynamic keynoter? View four of my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 9/10/08
=============================================================
1.
Partnering for Profits: Annual
Alliance
Summit
2.
Executive Presentation Skills: Evoke Emotion
3.
Association Executives: The Who Cares Filter
=============================================================
Partnering
for Profits: Annual
Alliance
Summit
Why
hold an annual alliance summit? Actually, you should hold two. The first
annual alliance summit is for all your organization’s people that are
involved with a particular strategic alliance. The purpose of this
summit is to give your organization’s people an update as to how
things are going with the alliance and to also share any change of
governance or functionality within the alliance. You are making sure
your organization’s people are all pulling in the same direction.
The
second alliance summit is with your alliance partner, and all of the
people from both organizations that are involved. Similar to the above,
this is the time to clear the air, resolve conflict and commit to
another year of alliance excellence. The benefit is the
“breaking-of-bread” among the people that are charged with making
the strategic alliance work. When people get along, businesses, and
alliances, move forward.
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Evoke Emotion
Emotion
is a powerful motivator for change, and/or action. Your speech is
generally intended to get your audience to take some sort of action. Use
emotion to help. Ways to evoke emotion in your presentation:
1.
Use real pictures, as opposed to clip art, in your PowerPoint. Check www.istock.com;
they have a great selection and are reasonably priced.
2.
Use music during your presentation. Buy the music form the web sites
that offer royalty free music to resolve license issues.
3.
Use video clips.
4.
Use cartoons.
5.
I like to save the best for last...tell stories that make your point.
The subliminal message in a story can have an amazing anchor and stay
with people for years. Stories must have a purpose and relate your
points of wisdom. Is it okay to embellish your story a bit to make it
better, funnier, or more effectual? Absolutely you can...if it helps
your audience to learn.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas, assistance, and resources.
Trade
Association & Professional Society Executives: The Who Cares Filter
The
economy is in the toilet! Membership renewals have shrunk! We’ve got
to make some cuts!
Is
this the time to cut your member recruitment budget? Perhaps, but I
don’t think so. Keep your budget, and find ways to make your member
recruitment dollars work better for your association. While I
continually write about accessing your members to do the leg work, they
cannot do it effectively without your help.
Take
a close look at every piece of printed, and electronic (your web site
and pdf files) member recruitment collateral material. As you read
through, take notice of your organizations positioning. Then read
through it all again and ask, “Who Cares?” If your answer is
anything but “prospective members,” it is time to accept the fact
that your collateral materials are ineffective!
Now
the question is, “What are you going to do about it?”
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at www.GrowingYourAssociation.com
=============================================================
Grow
your organization with smart alliances—why not get started now? Call
me at 800-839-1520 for a consultation. We see 5-20% market share
increases almost instantly from targeted marketing alliances. Might
there be an opportunity you are missing?
Need
a dynamic keynoter? View four of my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 9/3/08
=============================================================
1.
Partnering for Profits: Your Core Competency
2.
Executive Presentation Skills: Check Your Energy Level
3.
Association Executives: Prospective Member Benefits
=============================================================
Partnering
for Profits: Your Core Competency
It’s
time to take stock of your core competency and the value you can deliver
to a potential partner. We are now approaching the fall, which for
strategic planners is an important time to measure the year’s
performance—while there is still time to adjust.
If
you are in your “adjustment” cycle, perhaps you should look at
additional alliance relationships that might be available to you,
especially in the area of distribution. If you need a shot in the arm, a
distribution partner might be what the doctor ordered?
Before
you approach a potential partner, be clear of the value you have to
offer them. This puts you in a stronger bargaining position. Approaching
a potential partner with your “hat-in-hand” is not the best approach
if you want to do well. By knowing what you have to offer, your
potential partner will quickly understand “what’s in it for him”
and be more willing to negotiate.
Oh,
as a sidebar, the BEST person I know to get your strategic plan
developed and implemented is Robert Bradford, President at Center for
Simplified Strategic Planning; www.cssp.com.
If it is a marketing plan you need, then the best is Dr. Revenue (John
Haskell). Contact him through www.drrevenue.com.
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Check Your Energy Level
Good
varying energy equates to an influential speech. Low energy, you’re
your audience will go to sleep. Too much energy for too long of a period
of time will tire out your audience. They’ll feel like they just ran a
marathon.
Word
articulation adds energy and commitment. This helps your audience to
perceive of you as an expert.
Lazy
Mouth: Barely open your mouth when you speak and you’ll mumble with a
listless, lackluster sound. This is the antithesis of good energy.
Anger;
inject vigorous meaning into words and say them as if you really mean
them. Used only once or twice during your speech, and it will create a
varied energy—good for keeping your audience on their toes.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas, assistance, and resources.
Trade
Association & Professional Society Executives: Prospective Member
Benefits
Arm
your members with the correct recruitment tools and let them go. Some
might think the correct recruitment tool is a perk or incentive for the
member that does the recruiting—I disagree! This way, the member has a
motive that is “less than pure” and the members your association
gets most likely will not stay beyond a year or two.
The
right tool is a brochure loaded with BENEFITS, and not features. It’s
a brochure that lists the real-dollar value of membership, what’s in
it for the prospective member. With this tool, your members can go
through the benefits with a prospective member in a logical and orderly
fashion.
Recently,
I spent some time surfing the web, visiting association web sites and
looking at their online member recruitment brochures. Hey folks, it’s
time to take a class in selling. Most of what I saw online was nothing
but feature after feature—and you wonder why people are not finding
your association on the web and signing up?
Your
collateral material must be written through the eyes of prospective
members. And, everything written must pass the “So what!”
test—what a prospective member might say when they read your brochure.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at www.GrowingYourAssociation.com
=============================================================
Grow
your organization with smart alliances—why not get started now? Call
me at 800-839-1520 for a consultation. We see 5-20% market share
increases almost instantly from targeted marketing alliances. Might
there be an opportunity you are missing?
Need
a dynamic keynoter? View four of my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 8/27/08
=============================================================
1.
Partnering for Profits: Supplier or Partner?
2.
Executive Presentation Skills: Four Categories of Presentation Visuals
3.
Association Executives: Motivate Your Board to Drive Member Recruitment
=============================================================
Partnering
for Profits: Supplier or Partner?
Meet
Steven Schaffer, vice president and general manager, global partners,
Boeing Commercial Airplanes—yes, it’s a long title. His job, since
2005 has been turning 787 Dreamliner suppliers into partners. At Boeing,
they have changed their former “supply management and procurement
organization” to “global partners” which they believe better
reflects their current business philosophy.
For
Boeing, outside partners are the key to their success. The new 787
Dreamliner family of airplanes touts 70% partner production as compared
to their other airplanes with 55% to 60% partner production.
What
are you doing to turn your suppliers into valued partners?
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Four Categories of Presentation Visuals
There
are four basic categories of visuals you can use in presenting your
ideas in an effort to influence others.
1.
Yourself; you are your most important visual. Your body position,
stance, and language do more than anything else (positive or negative)
to affect your audience. Your body movement and facial expressions act
as your most powerful tools.
2.
Props; the things you bring along to show your audience can cause a huge
effect in the thinking of your audience members. The props can make
points, cause humor, sadness, and curiosity.
3.
PowerPoint and Video; you’ve heard it before…make your PowerPoint a
benefit, not a boring crutch. If your PowerPoint’s text is too small,
the slides are cluttered, or the color is incorrect—the PowerPoint
ceases to be of benefit to the audience. The same goes for video footage
you might show; the sound has to be good, the video resolution quality
has to be high, and it better be interesting.
4.
A person; bringing up an audience member(s) or invite an “expert or
celebrity” to join you on the platform can have a powerful effect on
your presentation. The only thing to be careful of is that they do not
take control of your presentation and that they are interesting.
Otherwise they will take away, rather than add to your presentation.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas, assistance, and resources.
Trade
Association & Professional Society Executives: Motivate Your Board
to Drive Member Recruitment
In
today’s economic situation, member recruitment is crucial! If you
cannot get your board members to drive your grassroots membership
recruitment campaign, why bother? Inherent in the term, “grassroots”
is the idea of something being done at the simplest common denominator.
In your organization, your members are just that, and your board members
are too. Your board members have only arisen from the ranks for a short
time to lead, and then they will return. And it is the member leaders
that must lead in this effort—NOT the paid STAFF!!!
I
know, you are thinking, “Great Ed, but how do I get them motivated?”
There are two primary motivators; ego and desire for gain. In the area
of desire for gain, you have to help the board members to understand how
a larger association can help them personally and professionally. They
must see in their mind’s eye how greater association success would
look. They need to understand how this is in their personal best
interest. It is the job of paid staff to help the volunteer leaders to
see this.
In
the area of ego, it is close to the buying motive; fear of loss.
Continually reiterate to them how it would be a shame for the
association to digress on their watch. Talk about how awful it would be
for their legacy, if the association fell behind. I realize it is
negative reinforcement; however that is what you have to do in dealing
with people that are motivated by fear of loss.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at www.GrowingYourAssociation.com
=============================================================
Grow
your organization with smart alliances—why not get started now? Call
me at 800-839-1520 for a consultation. We see 5-20% market share
increases almost instantly from targeted marketing alliances. Might
there be an opportunity you are missing?
Need
a dynamic keynoter? View four of my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 8/13/08
================================================================
1.
Partnering for Profits: Great Partner No More?
2.
Executive Presentation Skills: Structure for Receivers
3.
Association Executives: Are Member Surveys Valuable?
================================================================
Partnering
for Profits: Great Partner No More?
“Chain
Store Age” announced today, that CVS Buying Longs Drug for $2.7B
CVS
Caremark Corp. said Tuesday that it is buying Longs Drug Stores Corp. in
a deal valued at $2.7 billion. The $71.50 per-share cash offer,
announced after the end of trading Tuesday, was a 32% premium over
Walnut Creek, Calif.-based Longs' closing price of $54.04.
Longs
Drug operates 521 drug stores, mostly in California, and also has sites
in Hawaii, Nevada and Arizona. Executives at CVS said the acquisition
will give the chain a significant presence in fast-growing West Coast
markets where property is often unavailable or expensive to acquire.
I
have known the Longs Drug chain intimately since 1975. They were a
customer of mine from 1975 to 1990—in my days of selling sunglasses.
This has been a chain that has continually embraced the paradigm of
partnering. With the acquisition, my bet is that their partnering
capability and desire will greatly diminish. Remember, partnering
relationships generally have a sunset, so make partnering hay while the
sun is shinning.
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Structure for Receivers
Rather
than structure your presentation for yourself, consider structuring your
presentation for the receivers of your ideas. Ask yourself, “What idea
pattern will most likely hit my intended target?” Presentation
structure can be divided into two basic areas; (1) logical sequences and
(2) psychological sequences.
With
logical sequences, the basic purpose is that of conveying ideas. Some of
the (self-explanatory) methods are: (1) Time sequence (2) Space sequence
(3) Important elements sequence (4) Problem-analysis-solution sequence
and (5) Proposition-proof-conclusion sequence.
When
employing psychological sequences, your primary goal is to control your
receiver’s “emotional feeling” so that he or she is willing to
listen and accept your ideas. Psychological sequences include: (1)
Familiar to unfamiliar sequence (2) Common to uncommon sequence (3)
Belief-to-greater-belief sequence and (4) Belief-to-action sequence.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Are Member Surveys
Valuable?
Are
member surveys valuable? My answer would be a resounding, maybe.
Conventional wisdom would have you believe that surveys are valuable.
And, I’d say this is true if the correct questions are asked. However,
if the wrong questions are asked, then the strategies implemented
resulting from the survey responses would be faulty at best.
One
can structure a particular survey to elicit just about any answer
desired. The real question is, “Do you want honest feedback?” The
next time you conduct a survey, stay focused on learning from your
membership. Let your members “assist” you in building a better
association rather than “insist” that the membership follow its
leaders in unquestioned lockstep rhythm.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at www.GrowingYourAssociation.com
================================================================
Grow
your organization with smart alliances—why not get started now? Call
me at 800-839-1520 for a consultation. We see 5-20% market share
increases almost instantly from targeted marketing alliances. Might
there be an opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 7/30/08
================================================================
1.
Partnering for Profits: Benefit from Differences
2.
Executive Presentation Skills: Repetition for Memory Lock
3.
Association Executives: “Hands-On” Member Recruitment
================================================================
Partnering
for Profits: Benefit from Differences
One
of the unintended partnering pitfalls is homogenization. This is where
partners in a collaboration attempt to overcome differences in culture,
operations, and strategy by “beating” one another into sameness.
Initially, the reason for the collaboration is to overcome core
weaknesses and share competencies. However, in the name of alliance
management; compromise and cooperation, there is the natural attempt of
the larger partner to “urge” the smaller partner to do business
“their” way. This is a mistake!
While
alliance management is a bit more difficult when the partners’
culture, operations, and strategy are different—the power is in that
difference. Look for ways to leverage the value of partner differences
rather than to succumb to the natural tendency to attempt to get
everybody on “the same page.”
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Repetition for Memory Lock
Sure,
you’ve heard it before; tell them what you are going to tell
them—tell them—then, tell them what you told them. While this is
good advice, I would like to suggest you go further—to a place of
hypnotic repetition. Subliminally lock in your key ideas by continually
repeating them—like a mantra. You can repeat your key ideas both
verbally and visually (on your PowerPoint slides). The next time you
present, give this idea a try. I believe you will be positively
surprised with the quality of your results.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: “Hands-On” Member
Recruitment
Are
you ready to ask your board of directors to accept a “hands on”
approach to member recruitment? Now is the time; economy slowing, things
uncertain, members dropping off. For the health and survival of your
association, now is the time to urge your board members to roll up their
sleeves, and call in some favors from their association friends and
start connecting with past and prospective members.
Too
many volunteer groups, I have noticed, have abdicated their member
recruitment responsibility to the paid staff. And, the paid staff really
does not have the time to be the driving force behind member
recruitment. Member recruitment should be at the grassroots level, where
every member is regularly suggesting membership to their friends,
colleagues, and suppliers that are involved in the industry. Give your
members the proper recruitment tools and set them loose.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Grow
your organization with smart alliances—why not get started now? Call
me at 800-839-1520 for a consultation. We see 5-20% market share
increases almost instantly from targeted marketing alliances. Might
there be an opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 7/23/08
================================================================
1.
Partnering for Profits: Collaborations in the News
2.
Executive Presentation Skills: Pictures for Humor
3.
Association Executives: Precarious Situation
================================================================
Partnering
for Profits: Collaborations in the News
In
yesterday’s “Wall Street Journal” (7/22/08), there were two very
interesting articles on collaboration. The first was about General
Motors collaborating with a number of utilities that operate in 40
states to develop an infrastructure for the coming Chevy Volt due to hit
the market in 2010—good looking car in my opinion. It will be fueled
primarily by electricity. BMW is also trying to promote alternate fuel.
They have developed a 7 series that will use liquid hydrogen; however
BMW has not yet developed the needed production and fueling station
infrastructure to support their new car.
The
second collaboration mentioned is a new social networking site,
utilizing www.Ning.com, for the
specialty coffee industry to share information. The site is currently
getting about 15,000 unique visitors a month. Especially, at the heels
of Starbucks’ recent announcement to close 600 more stores, the
independent specialty coffee houses are poised for a strong showing.
Ning is available to anyone that wants to create a specialized Internet
community, there is even one you younger professional speakers; www.NSANext.com.
Where
ever you look, folks are partnering. What are you waiting for?
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Pictures for Humor
If
you find your “delivery of content” lacking in humor, and you really
do not consider yourself to be funny or humorous, make your life easier;
use funny pictures or cartoons in your presentation PowerPoint to help
you make your key points. This will visually break things up and allow
your audience to get a few laughs while relating to your topic. And,
most likely your audience members will better remember your key points
resulting from the use of applicable visual humor?
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Precarious Situation
As
the economy sputters you are, or will soon be, finding yourself in the
precarious situation where you must decide the cause of weakened member
retention. You’ll meet with your board on the topic and perhaps
everyone will agree that it is simply the economy. DON’T DO IT!
Now
is the time that the people in your industry need their trade
association the most. Now is the time that they need the assistance you
offer. Now is the time to do the same thing you recommend to your
members; increase marketing to eclipse the competition and position
yourself for the coming recovery. Now is the time for every trade
association to increase their member recruitment and member retention
efforts. Think about it-
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Grow
your organization with smart alliances—why not get started now? Call
me at 800-839-1520 for a consultation. We see 5-20% market share
increases almost instantly from targeted marketing alliances. Might
there be an opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 7/16/08
================================================================
1.
Partnering for Profits: Wanna be Right, or Get Things Done?
2.
Executive Presentation Skills: Speaking in an Open Position
3.
Association Executives: Meeting Planner Activities
================================================================
Partnering
for Profits: Wanna be Right, or Get Things Done?
Business
is about relationships and relationships are about understanding the
needs of others. Too frequently in partnering workshops, I have seen
participants overly focused on “selling” their point, which I also
call having the need to “be right.” The challenge with obsessing in
being right is that the important alliance activities never get done.
Important activities like measuring the success of an alliance or
exploring new alliance possibilities.
The
next time you catch yourself in the behavior of “being right,” I
suggest you stop yourself cold and ask yourself this question, “Why do
I need to be right?” Then, you can hopefully change your behavior to
that of focusing on getting things done. Would you rather be right, or
get your important relationship work done?
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Speaking in an Open Position
Have
you ever been at a presentation in which a very short person is speaking
from behind a lectern? What did you see? Most likely only part of them
that you saw was the top of their face. Speaking from behind something
is speaking in a “protected” position. This protected position can
be perceived by many as the speaker is in fear or is hiding something.
The very best position on the podium (riser or stage) is front and
center, with nothing between you and your audience. This is an open
position. And this still holds true, even if you have to hold your
notes.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Meeting Planner
Activities
Are
you best utilizing your meeting planner? In a recent “MeetingNews”
survey, this question was put to meeting planners, “So, what is it you
do?” This question was in reference to the principal responsibilities
for meeting planners. 77.6% stated logistics and management; 65.4% said
negotiation; 57% responded with tracking expenses; 37% said it was
strategizing; 30.4% stated marketing for the meeting; 24.2% responded
with educational planning; 12.8% said limiting legal liability; and 8.1%
suggested other activities.
If
you have a desire to mentor your meeting planner to some day take over
your position, more planner work needs to be focused on strategizing. It
is this activity that most executive directors have told me is their
planner’s weak link.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Grow
your organization with smart alliances—why not get started now? Call
me at 800-839-1520 for a consultation. We see 5-20% market share
increases almost instantly from targeted marketing alliances. Might
there be an opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 7/9/08
================================================================
1.
Partnering for Profits: Managing Collaborative Networks
2.
Executive Presentation Skills: Speaking with Notes
3.
Association Executives: Membership, it’s a Good Business Decision
================================================================
Partnering
for Profits: Managing Collaborative Networks
Perhaps
you are attempting to develop an enterprise wide collaborative effort?
However, various silos throughout the enterprise have independently
developed their own alliance, partnering, and/or strategic sourcing
relationships. The challenge is to manage the overarching need for the
entire collaborative network management.
It
has been said that collaborative networks are “fit-for-purpose”
structures. They organize themselves in the manner most appropriate for
achieving their objectives. Thus it should be no surprise that there is
an infinite number of ways in which collaborative networks are managed.
The
important issue for most organizations is to first realize the
complexity of the collaborative network, and then be flexible enough to
determine a viable management path. Using your old management tools
might not work too well here because the various internal and external
relationships need different management techniques to survive and
prosper.
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Speaking with Notes
The
age old question; “to, or not to, use notes.” My answer is; “What
makes you more comfortable?” I’ve seen some of the biggest names in
keynoting using notes—frequently taped to the floor so the audience
will not know they are in use. And I’ve been put through the cruel and
unusual punishment of having to endure a speaker reading his or her
speech—in a monotone voice. Speech reading is for heads of State,
where every word or omission is being scrutinized. For the rest of us,
it is about connecting with the audience—and if you are more
comfortable using notes, and you can connect—who cares about your
notes?
BUT,
don’t read every line on your PowerPoint slide—that’s also cruel
and unusual punishment for your attendees. Your speech is a conversation
between you and those in your audience. It is your effort to help your
audience move from one point to another. If you are engaged in the
audience, they will be engaged in you. How in the world can you be
engaged if your nose is always in your computer reading your PowerPoint
bullet points?
Notes
or not, make it a point to connect. Engage!
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Membership, it’s a
Good Business Decision
“Membership,
it’s a Good Business Decision” is the title the Mechanical
Contractors Association of South Carolina selected for their new member
recruitment brochure. In it they proved to prospective members that for
every dollar invested in membership and participation, the member would
receive four dollars back in personal and organizational value. That’s
a heck of a deal in anybody’s book. Do you know how much ROI your
members receive from their membership investment? If not, watch my video
at the link below and then give me a call.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Grow
your organization with smart alliances—why not get started now? Call
me at 800-839-1520 for a consultation. We see 5-20% market share
increases almost instantly from targeted marketing alliances. Might
there be an opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 6/25/08
================================================================
1.
Partnering for Profits: Competitor Alliances
2.
Executive Presentation Skills: Strength, Authority, and Energy
3.
Association Executives: Is it Member Value?
================================================================
Partnering
for Profits: Competitor Alliances
Now
why in the world would you want to partner with your competitors?
Won’t strengthening them just hurt you in the long-run? Not
necessarily. Partnering with a competitor of similar size to ward off a
larger or new competitor can be a smart alliance (i.e. the recent Yahoo
and Google agreement to keep Microsoft at bay). Also, as is common in
the California boutique wine industry, equipment and resource sharing is
beneficial to all by minimizing the individual winery’s need for large
capital investments.
In
today’s economic uncertainty, I encourage you to be less fearful of
smart competitor alliances and be more aware of potential threats
looming around the next corner. Smart competitor alliances might
include: distribution, marketing, co-production, and R&D. Read
chapter #1 from “Developing Strategic Alliances” for more ideas: http://www.rigsbee.com/dsa1.htm
At
www.rigsbee.com/selectvideo.htm,
you’ll find a 79 minute video presentation: “Vendor Summit” that
should prove to be valuable in future training sessions your vendors and
procurement department.
Executive
Presentation Skills: Strength, Authority, and Energy
Strength
is an important attribute for any executive that takes the platform
attempting to inform or influence. You show your strength through erect
posture, a powerful voice and determination in your eyes. With these
three elements you send a call-to-action message loud and
clear—without it, you do not.
Authority
is both granted to you by your title and through your personal power,
with the latter being the most important. Your perceived authority is
also built upon a foundation of strength.
Energy
on the platform is your clincher. Even with strength and authority, if
your audience senses a lack of energy, they will perceive it as you
having a lack of passion for the words you are sharing. Your energy
helps your audience to motivate themselves into action. Your lack of
energy only creates immobility within your listeners. Choose all three:
strength, authority, and energy for your next presentation.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Is it Member Value?
Is
the important legislative work that your association or society does a
benefit of membership? The disturbing news is; not really. The reason I
say this is not to anger you but to get you thinking about the benefits
that your members receive because of their membership. If your entire
industry (everyone) benefits from your legislative work, regardless of
membership status, then it really is not a “member benefit” because
all enjoy the benefit—regardless of affiliation.
When
you talk about the value of membership in your organization, focus on
the perks that are available only to those that join. If you find your
organization lacking in this area, meet with your board to determine
additional benefits your organization can offer to its membership.
Perspective members are looking for ROI.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Grow
your organization with smart alliances—why not get started now? Call
me at 800-839-1520 for a consultation. We see 5-20% market share
increases almost instantly from targeted marketing alliances. Might
there be an opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 6/18/08
================================================================
1.
Partnering for Profits: Partner Up for Market Share
2.
Executive Presentation Skills: Dealing with the Junior Trainer
3.
Association Executives: Defensive Meeting Contracts
================================================================
Partnering
for Profits: Partner Up for Market Share
With
whom can you partner up to increase market share? What organization in
your industry or ancillary industry has a core competency that you could
use to increase your market share?
Aries
Hospitality Group LLC, an affiliate of Chicago-based mortgage banking
firm Aries Capital, has recently formed a strategic alliance with HI
Group LLC, with offices in Chicago and New York.
The
Aries Hospitality Group/HI Group strategic alliance will provide hotel
investment banking in order to jointly source, process and close hotel
equity and sales transactions. The alliance specializes in mid-market
and upscale institutional hotel quality assets valued from $15 million
to over $100 million in the U.S., Europe and the Caribbean, the
companies add.
"The
strategic alliance of these two market experts will enable the group to
provide a unique consultative approach, focusing on establishing and
building quality relationships," says Weimer, alliance leader.
"This is an exciting venture, and we are confident that together,
Aries Hospitality and HI Group will create a valuable resource for those
seeking assistance with hotel investment banking services."
The
important question to ponder, “What value, connection, or resource
does the organization need that can help to gain an unfair advantage in
the marketplace?
Just
up on my Web site at www.rigsbee.com/selectvideo.htm
is a 79 minute video presentation: “Vendor Summit” that should prove
to be valuable in future training sessions your vendors and procurement
department.
Executive
Presentation Skills: Dealing with the Junior Trainer
If
you are the CEO, this will be less of a problem for you. However, for
everyone else; what do you do when a person in your audience either
continues to ask too many questions or is disruptive by raising their
hand and not asking questions but rather makes a series of statements?
Either situation will drive the rest of your audience crazy because they
know you, the presenter, will never get through all the planned material
or are simply tired of listening to the attendee go on and on, enjoying
listening to their own voice.
The
attendee needs the affirmation that they are a valuable person, so give
it to them and cut them off politely. You can say, “That’s a great
point and I’d like to explore it further with you. Can we take this
off line and talk about it after the presentation?” Whatever you do or
say, be polite, acknowledge the value they offer, and quickly cut them
off. To keep them from doing it again, avoid eye contact with this
person—when they catch your eye, they think it is permission to
disrupt again. If they ask a question, give a quick answer and move on,
don’t fall prey to feeling the need to expand. If the attendee
continues to ask more about the same question say, “Let’s talk about
this after the presentation.” More times than not, they will not talk
to you about it afterwards because they are not getting the adulation of
speaking to the whole group.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Defensive Meeting
Contracts
My
avocation is running a 501 (c)(3) non-profit charity. Like you, I also
get the pleasure of reviewing and signing hotel contracts. I recently
spent some time with an attorney that specializes in association/hotel
contracts—he blew my mind. Oh yes, he was a hotel sales executive
before he went into law. His name is John Foster, Esq., CHME. John
taught me to look at hotel contracts through a whole new window of what
might happen. John calls this “negotiating defensively” when working
out the details. Together, we reviewed a hotel contract that I was about
to sign. I had no clue as to how open I was leaving my organization to
potential damages that the hotel could demand; for things over which I
have no control.
Here
is the point: even if you have been signing hotel contracts for decades,
you might want to have an association contract attorney look over a
recent or upcoming agreement? Law is dynamic—things change. You might
not know how open you could potentially be to damages litigation if
something you had not considered went wrong. And here is a huge tip: if
you do get billed for non-performance based on your attrition clause,
should the recovery be for gross or net profit? Should you have to pay
the hotel for food they never purchased? Depends on how your contract is
written?
If
you want to contact John Foster, call him in Atlanta at 404-873-5200 or
email him at John.Foster@FJGLaw.net
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Your
Effective Executive Letter for Business Results: 6/11/08
================================================================
1.
Partnering for Profits: Inherent Alliance Tensions Affect Governance
2.
Executive Presentation Skills: Vacant Passengers
3.
Association Executives: Associapedia
================================================================
Partnering
for Profits: Inherent Alliance Tensions Affect Governance
Be
aware of the inherent tensions that are generally found in alliance
relationships and fueled by alliance governance changes. Guard against
these issues controlling your alliances. Because many alliance partners
are also competitors, the fine line between collaboration and
competition will generally evolve over the life of the alliance. As such
there is sure to be necessary adaptations to the alliance governance
structure.
Research
reveals that almost half of the structured alliances have experienced
some sort of governance structure change. This can even happen when an
alliance has not experienced change for some time and alliance managers
second guess themselves and adopt change for change sake.
Corporate
leadership change at either alliance partner company can fuel tension
and drive changes in alliance governance, especially when introducing
new mechanisms for alliance monitoring. While alliances are particularly
useful in turbulent industries, the rapid industry change can also drive
tensions and create the need for governance adjustment.
Every
alliance manager is looking for a structure that copes with the evolving
internal and external tension dynamics, without having to go through a
complex alliance renegotiating process. This is for the obvious reasons
of costs and time savings. However, the realistic alliance manager
realizes that change is just around the corner.
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Vacant Passengers
What
happens when your audience chooses not to go along for the ride? You
have heard it from me before, a presentation must be an interesting
journey for the listener. If not, they close down or worse become
disruptive.
The
number one reason for vacant passengers at a presentation is when the
speaker is so focused on his or her material that they loose sight of
the reason for the presentation—to persuade listeners to go on a
journey from point “A” to point “B” with the speaker.
It
is all about the audience. If you are confident in your personal grasp
of the material that you are sharing and understand the needs of your
audience, you are half-way there. The other half is continual audience
monitoring. If you are simply reading a PowerPoint, you are too focused
on reading to pay attention to the fact that you are not engaging your
audience. Know your stuff, make it relevant, and monitor your
audience--then you’ll be engaging enough for them to want to take the
ride with you.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Associapedia
If
you haven’t visited ASAE & The Center for Association
Leadership’s Web Site lately, http://www.asaecenter.org/
then you have most likely missed Associapedia, ASAE & The Center’s
new Internet wiki (interactive encyclopedia) at http://www.asaecenter.org/wiki/index.cfm.
Check it out, it’s loaded with information that any association
executive should find interesting.
I
found the topic of association verses charity interesting:
501(c)3
versus 501(c)6
Stated
at the wiki, “There are plenty of associations that are 501(c)(3)s,
but there are NO charities (that I'm aware of) that are 501(c)(6)s.
Although trade associations commonly organize as 501(c)(6)s because of
the effect that has on what the organization is allowed with regards to
lobbying, trade associations don’t necessarily HAVE to organize as
(c)(6)s. And many - but not all - individual membership associations are
501(c)(3)s.”
There
was also some interesting information for speakers presenting to
international audiences. Among the tips were:
1.
Avoid ‘nation-centric’ expressions, idioms or slang.
2.
Do not use sports or war analogies, ever!
3.
Limit the use acronyms or internal lingo and jargon unless previously
described/explained.
4.
Do not tell jokes!
Check
it out at http://www.asaecenter.org/wiki/index.cfm
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 6/4/08
================================================================
1.
Partnering for Profits: More than Giving it Away
2.
Executive Presentation Skills: What’s in it for Me?
3.
Association Executives: Member Recruitment
================================================================
Partnering
for Profits: More than Giving it Away
Partnering
is more than giving up profit or control.
Alliance
relationships need to create more value as a collective than you, or
your partner, could have created individually. With this said, I can’t
tell you how many times I’ve heard something like this, “Let’s
partner, I want a discount.”
Partnering
with you, needs to be more than me giving you a discount. I must receive
some value too. If your potential alliance partner does not have the
ability to wrap their arms around this concept—run, not walk, away as
fast as you can.
Ed’s
12-Minute Strategic
Alliance
interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: What’s in it for Me?
When
I say me, I’m referring to your audience. What’s in it for your
listener? When you focus on what’s in your presentation that will help
make the lives of your audience member’s better, then you’ll have
their attention. What is it that we all want? We want to be happy, make
more money, have more sex, thinner thighs, etc.
When
you prepare your presentation, keep in mind what it is that your
audience members want and reposition your talk to help them get what
they want through what it is that you are selling or attempting to
persuade.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Member Recruitment
In
the world of Web 2.0, of what many call the interactive Internet there
are new technologies that can be easily applied to your member
recruitment activities. I’ve written about helping your members to
become evangelists in promoting your association and today I’m going
to talk about video on the Internet as a tool for member recruitment.
YouTube.com,
Brightcove.com, and Tubemogul.com are your friends, not just a place
where kids upload silly stuff. I personally use all three and you can
too. If you have a promotional DVD about your association, it should at
a minimum, be uploaded to YouTube so your members can email the link to
their friends, colleagues, and competitors. You can upload videos to the
Internet through Tubemogul, a site for distributing video to other
Internet sites.
For
videos longer than 10 minutes (the maximum for YouTube), use Brightcove.
If you want to recruit younger members, simply get in front of where
they are going—Internet video. Visit www.rigsbee.com/selectvideo.com
for some examples. The three one-hour videos are housed by Brightcove
and the eight shorter clips are on YouTube.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 5/28/08
================================================================
1.
Partnering for Profits: Core Competency
2.
Executive Presentation Skills: Windmill Run by Water
3.
Association Executives: Alcohol & Meetings
================================================================
Partnering
for Profits: Core Competency
In
order for you to form a long-term successful alliance with another
organization, you must understand your organization’s core competency.
Since your core competency is really what you are offering to your
potential alliance partner, you’ll need to deliver. If you are unclear
as to the benefits your core competency can deliver to your alliance
partner, you will find it difficult to even find a partner.
Before
you attempt to influence another organization’s owners or executives
to align with your organization, take the time and invest your resources
to conduct your due diligence on how your core competencies can deliver
value to another organization. How well you deliver on your core
competency will have a major impact on the effectiveness of your future
alliance. Give me a call if you need some help better understanding how
to value your core competencies.
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Windmill Run by Water
“The
long-winded lecturer had been holding forth for over an hour, except for
brief pauses from time to time to gulp a hasty drink of water. Finally,
during one such intermission, an old man in the audience leaned toward
his neighbor and announced in an audible whisper: ‘First time I ever
saw a windmill run by water!’” This witticism is from my 1960
edition of “Braude’s Handbook of Humor for All Occasions.”
My
first point is that things really don’t change, do they? Second, I’d
like to point out the importance of not “holding forth for over an
hour.” Even today, I can’t tell you how many conferences I’ve
attended where there is a speaker going on and on, totally oblivious to
the fact that he or she had lost their audience not long after they had
started.
Take
your audiences’ temperature—frequently. Are they still alive, or are
they comatose? Boring, is driving along a lonely stretch of freeway with
unchanging scenery at about 3:30 PM following a big lunch. In my days of
outside sales, this was the time of day that I frequently had to get out
of the car and jump up and down, just to stay awake. How different is it
for a conference attendee? Big lunch, sitting all day, and now it is the
afternoon and the speaker is monotone.
“Just
kill me and let it be over,” is what many an attendee has stated in
the above situation. Just so you are not guilty:
1.
Be sure your audience is still with you—check frequently.
2.
Be sure your presentation is more like a winding mountain road rather
than a lonely freeway.
3.
Be sure you are excited—if not, how can your audience be?
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Alcohol &
Meetings
“Financial
& Insurance Meetings” magazine ran a piece in their May/June 2008
issue on tips for dealing with alcohol at meetings. The piece provided
great information, check it out if haven’t already read it.
My
question to you is this; how have you dealt with obnoxious and
belligerent drunks at your event? I personally hold a fundraiser where
this has rarely been an issue, however I have heard horror stories form
planners.
If
you have a story about how you dealt with obnoxious and belligerent
drunks at your events or how you guard against this occurring, I’d
like to hear your stories. If I receive enough feedback, I’ll publish
a compendium on the topic. Please email your responses to ed@rigsbee.com
thanks much.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 5/21/08
================================================================
1.
Partnering for Profits: Start Your Alliance
2.
Executive Presentation Skills: Standing Proud
3.
Association Executives: Contrarian Value
================================================================
Partnering
for Profits: Start Your Alliance
Build
your alliance from a group of like-minded business leaders who recognize
the need and opportunity to exceed customer expectations that are
generally attached to traditional brick and mortar organizations. By
uniting in a common purpose, you are committed to presenting your
business partners with solutions that will result in tangible and
sustainable business improvement.
Now
that you are philosophically in the right place, it is time to start
actively exploring potential alliances with your top candidate
prospects. With your business plan in hand, you have a base level for
initiating a meaningful negotiation.
In
the formation stages, be sure you are clear on what your critical
factors are—without them it would be a deal breaker. Also know which
ones would be nice, but not necessary. No matter how informal the
arrangement, I suggest you always have a written contract. You can work
through the details of your new alliance directly with the other company
executives and then have an attorney review the agreement before
signing.
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Standing Proud
Good
posture is one of your secrets to speaking success. I’m not talking
about a military style rigid “at attention” posture, but rather a
relaxed upright posture. Slouching is not the best way to endear
yourself to your listening audience because you look sloppy and
untrustworthy. Don’t fool yourself into believing it makes you look
casual and approachable. And, slouching interferes with your
diaphragm—the area of your body from where your deeper voice emanates.
Stand
up straight, relax your neck and shoulder muscles, look at your audience
members one at a time, and take slow deep breaths. This will allow you
to start off with something meaningful rather than wasting 10 minutes
getting warmed up. Start with something powerfully important and you
find it easier to hold your audience.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Contrarian Value
I
was very happy to notice that in the May 2008 issue of “Association
News” Publisher, Tim Schneider, mentioned some of the points from my
recent article on valuing your contrarians. Grab the magazine; it is
probably close to you and read Tim’s editorial comments.
I’ll
say it again; contrarians are not to be treated like lepers but rather
valuable association members that hold close to them a different point
of view from the mainstream members. It is the different points of view
that will deliver innovation and urge people to leave the comfort of the
status quo.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 5/14/08
================================================================
1.
Partnering for Profits: Alliance Maintenance
2.
Executive Presentation Skills: Result vs. Activity
3.
Association Executives: Speaker Sourcing
================================================================
Partnering
for Profits: Alliance Maintenance
Eli
Lilly, the giant pharma-corporation is an excellent alliance partner.
Over the years they have learned the benefits of continually measuring
the effectiveness of their alliances. One of their methods is called the
“Voice of the Alliance. They measure (along with their partners)
operational, cultural and strategic fit in the below listed three main
areas and 14 sub-areas.
Operational
Fit: Communication
Operational
Fit: Decision Making
Operational
Fit: Leadership
Operational
Fit: Performance Management
Operational
Fit: Roles
Operational
Fit: Skills/Competence
Operational
Fit: Team Coordination
Operational
Fit: Conflict Management
Cultural
Fit: Flexibility
Cultural
Fit: Knowledge Management
Cultural
Fit: Organizational Values
Strategic
Fit: Commitment
Strategic
Fit: Strategy
Strategic
Fit: Trust/Fairness
As
you are building your smart alliances for business growth, use the above
areas as a template for measuring your effectiveness. Ask questions
about the alliance’s effectiveness in the 14 sub-areas. The above is
best employed using a 360 degree method. Overlay the answers the people
in your organization offer with those of your partner organization and
it will become quite apparent if there are any discrepancies. If so,
that is where the management team must focus energy for improvement.
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Result vs. Activity
In
delivering an effective presentation, you must first decide the result
for which you are looking rather than simply filling time. Many speakers
do a great job of filling their allotted time—to the second. That is
far less important than the result for which you are attempting. I’m
basically suggesting that you focus on acting as a change agent as
compared to an “edutainer” or data deliverer.
Ideally,
you are taking your listeners through a change process to a different
place. You start your presentation at point “A” and want to end up
at point “B” with point “B” meaning that your audience will do
something differently as a result of your presentation. You might be
selling a product or service, persuading people to behave differently,
helping them to understand how to employ a new skill, helping them to
motivate themselves, or simply making them feel better about themselves.
Before
you start, plan the journey, as you would on a driving trip. Know your
starting location, ending location, and route you plan to take. Have an
alternative plan in case you come upon a detour during your journey. And
make the journey fun for your listeners. Do this, and you’ll be able
to move them from point “A” to point “B.”
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Speaker Sourcing
In
the April 21, 2008 issue of “MeetingNews” there was a speaker
sourcing article based on a survey of 315 corporate and association
meeting planners. While the author appeared to somewhat contradict
himself as to the trends of sourcing speakers, the article nonetheless
brought up an important topic: to hire, or not to hire a professional
speaker for your next meeting.
The
survey revealed speaker budgets for association planners:
$20,000+
@ 10.4%
$10,001
- $20,000 @ 13.6%
$5,001
- $10,000 @ 16%
$1,501
- $5,000 @ 32%
If
you decide to hire a professional speaker but have budgetary issues,
consider what you might have of value to offer a speaker beyond cash.
While just fewer than 22% of the total group of planners stated that
they use bureaus to source speakers, many do not. This barter will not
work too well when hiring speakers through bureaus, however on a direct
basis the idea could help you to get the speaker you want.
When
offering a speaker other value beyond cash, your offer does have to
create real and honest value for the speaker. Be creative and keep the
speaker’s needs in mind and you just might strike a deal.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my full-length videos at http://www.rigsbee.com/selectvideo.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 5/7/08
================================================================
1.
Partnering for Profits: Cross Promotions
2.
Executive Presentation Skills: A Culture’s Sense of Humor
3.
Association Executives: The Middle East
================================================================
Partnering
for Profits: Cross Promotions
Cross-promotion
strategies can range from large company style, highly sophisticated, and
with formalized contracts like you have seen with the major airlines and
certain communication giants--to promotions as casual as a small retail
business stuffing customer bags with flyers or coupons from another
local, non-competing merchant. Or, perhaps putting promotional messages
on one another’s register receipts?
One
of my favorite small business cross promotion was with an insurance
agent and local restaurateur in my community. The owner of the
restaurant paid for the printing of the insurance agent’s business
cards. The cards doubled as a 20% discount coupon for the restaurant and
also had a map to the restaurant on the reverse side. The insurance
agent gave out several of his cards at every business upon which he cold
called. The cards ended up sitting around in many of the businesses for
a long time. This was because the cards were seen as a valuable discount
coupon rather than another salesman’s business card.
The
important angle for you to consider, regardless of the size of your
enterprise, is being memorable in the minds of your marketplace.
Secondarily, you will want to create a cross promotion that will deliver
double the value; meaning that each of the participants must supply half
the resources/assets. With this formula, you get at least two dollars of
promotional value for every dollar you spend.
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: A Culture’s Sense of Humor
“Knowledge
of a culture’s sense of humor provides a guide to the basic values and
fundamental relationships that comprise that culture,” stated Malcolm
Kushner in his 1990 book titled, The Light Touch. So how can this
statement make your life better? Here’s what I’m
thinking…sometimes humor in a presentation goes flat. You, or I, say
something that should create laughter; but it doesn’t!
Rather
than thinking, “Gosh either I’ve lost my touch or these people are
just dead.” Perhaps the real issue is research, or more
specifically—lack there of? When we take the time to understand the
culture of any group for whom we offer our thoughts—there is a far
better chance that our humor will be well received, hence the
presentation will also be well received.
Basically
said, we had better understand what is considered humorous by our
audiences or they will devastate us with their apathy. Remember, hate is
not the opposite of love but rather it is apathy. So my suggestion for
the week is to target your presentation humor to their culture, rather
than yours.
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: The Middle East
I
found the information presented in M&C’s “Global Planner 2008”
report to catch my interest as to the expected meetings in the Middle
East. In 2007 corporate planners held 7% of their out-of-US events in
the Middle East and the number for association planners was 3%. For 2008
corporate planners plan to hold 11% in the Middle East with association
planners locked at 3%. However for 2009 corporate plans to hold 14% and
association plans on 8% in the Middle East.
Two
months ago, in early March, a strategic alliance was announced where an
American association management company was expanding into Dubai (United
Arab Emirates [UAE]):
“Indian
professional congress organiser (PCO) and association Management Company
(AMC) Conferences and Incentive Management Ltd (CIM) has teamed up with
global events services firm Kellen Company to offer enhanced value to
clients. Both companies provide congress and association management
services to associations and corporations throughout the world through
international offices and extensive partner networks. The strategic
partnership will give clients of both companies the opportunity to
explore new destinations for their events.”
Last
year, I was in Dubai during the end of May and beginning of June—I saw
the massive construction for myself. The Middle East is half way between
Europe and Asia, and as such, the UAE, especially Dubai is quickly
becoming what I’ll call the Switzerland of the Middle East—the
entire world is investing there.
While
you or your association might have your eyes on Asian expansion, please
do not under estimate the Middle East. And to answer the most often
question I received, “YES, the entire time I was there, I felt quite
safe in Dubai.”
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm.
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 4/30/08
================================================================
1.
Partnering for Profits: Collaboration Tools
2.
Executive Presentation Skills: Never Announce a Joke
3.
Association Executives: FutureWatch 2008
================================================================
Partnering
for Profits: Collaboration Tools
In
its April issue, “CRN Tech” magazine reported that improved linkages
between collaboration tools and other software products have been a
common theme in new releases from EMC Corp., Microsoft Corp., Yahoo Inc.
Zimbra and others. Zimbra Collaboration Suite 5.0, launched in February,
improving its connections to the wireless world by adding support for
BlackBerry Enterprise Server, J2ME-enabled handsets, and Microsoft’s
Outlook 2007. Microsoft is developing tighter integration between its
Groove and SharePoint collaboration products. In March, EMC shipped
Documentum eRoom 7.4 integrated with Documentum
Rights Management.
If
you are looking for new collaboration tools and software, the five key
players are:
1.
EMC, Hopkin,
MA, 508-435-1000, www.emc.com
2.
IBM, Armonk,
NY, 914-499-1900, www.ibm.com
3.
Microsoft, Redmond,
WA, 800-642-7676, www.microsoft.com
4.
Oracle, Redwood Shores,
CA, 800-Oracle 1, www.oracle.com
5.
Yahoo Zimbra, Sunnyvale,
CA, 650-212-7767, wwww.zimbra.com
Ed’s
12-Minute Strategic
Alliance
interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Never Announce a Joke
The
single most common mistake in the delivery of humor is announcing that you’re going to tell a joke. Sure
death lead-ins include:
1.
A funny thing happened to me on the way over here today…
2.
My secretary just told me a great joke that I want to share with you…
3.
I found this funny story on the Internet…
You
have just announced that you are going to be funny. Now the expectation
level of your audience has increased dramatically, and you better be
funny. Additionally, humor generally needs misdirection or an
unexpectedness to work. You just gave it away so the unexpectedness
factor is lost.
Rather
than being lazy with your humor, it’s better to analogize your humor
to one of your important points. The much more effective approach is to
make your point, say “It’s like…,” and then tell your story or
joke. With this approach your audience is not expecting you to be funny.
That is important if your story or joke flops because they were not
expecting funny. It’s best to catch your audience unaware that
something funny is coming, making the punch line all the more powerful.
Try it, you’ll like it!
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: FutureWatch 2008
Meeting
Professionals International recently released FutureWatch
2008. The 611 corporate association and
government meeting planners who responded to FutureWatch 2008
generally anticipate an upward trajectory in their 2008 meeting budgets,
and in the money they invest in each individual event.
•
Although association planners predict a 9.3% decrease in meeting
budgets, their corporate colleagues are on track for a 27% increase. As
a group, planners predict a budget increase of 11.4%.
•
More than one-quarter of planners, and nearly half of corporate
planners, will work in organizations with meetings budgets of $2.5
million or more. Another 20% will have budgets in the $1 to $2.5 million
range.
•
Although association planners report lower budgets overall, their spend
on individual meetings will grow even faster than the industry average.
For the industry as a whole, the 22.6% increase between 2007 and 2008
will be the equivalent of a doubling every 3.1 years.
•
The largest single share of the market—just over half in the
association sector and for the industry as a whole—will be in meetings
with budgets below $50,000. Corporate planners will organize a slightly
larger share of meetings worth $100,000 or more.
•
Half of association meetings are expected to generate a profit, compared
to only one in five corporate meetings. This sharp difference reflects
the extent to which non-profit organizations depend on direct revenue
from meetings and events, compared to the other types of return that
corporations expect from their meetings investment.
•
While association planners expect their budgets to remain steady or
increase as a share of their organizations’ total spending, one in
four corporate planners expect their budgets to be cut.
You
may access Meeting Professionals International’s complete
“FutureWatch report at http://www.succeedinspeaking.com/downloadresources.htm
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 4/23/08
================================================================
1.
Partnering for Profits: The Alliance Agreement
2.
Executive Presentation Skills: Expert Opinion
3.
Association Executives: Strategy & Competition
================================================================
Partnering
for Profits: The Alliance Agreement
I
frequently receive questions about developing an alliance agreement. The
most frequent question is asking if there are agreement templates
available for purchase. While I would not recommend entirely relying on
a template, they are a great place to start and can save you a load of
money by doing much of your preparatory work yourself. I have two
suggestions:
1.
Reference Agreements and Deal Intelligence for Business Professionals
and Lawyers -- http://www.techagreements.com/
TechAgreements
provides Business Professionals and Lawyers with access to the actual
agreements used in over 500,000 transactions covering over 30
industries. They have a powerful full-text search engine to find
agreements:
*
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charge, before purchasing.
2.
Partnering Agreements from Corporate Partnering Institute and alliance
lawyer, Curtis Sahakian. At the links below, you will find enough to
give you a great start.
*
http://partneringagreements.com/partneringagreementslist.htm
*
http://partneringagreements.com/3products.htm#partag
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Expert Opinion
What’s
the value of an expert’s opinion? I was recently thumbing through my
1960, Third Edition, of “The Sales Promotion Handbook” published by
the Dartnell Corporation—very highly respected in its day. “Store
and Home Demonstrations” is Section Twenty-One. It stated, “Even in
the case of a well-known and generally accepted product, there is often
psychological value in the appearance in the retail outlet of an
‘expert’ who can demonstrate and give personal advice.”
I
found this age old advice to be true back in the 70s and 80s during my
16-year tenure in the sunglass industry both in giving clinics on optics
to the retail sales employees and to customers alike. I carried with me
a spectrometer for testing lenses and people believed what they saw,
even better than what I said. Seeing, and hearing, is truly believing.
How
about you, the corporate or organizational executive? Your stakeholders
and constituents; stockholders, employees, suppliers, and customers also
want to be assured by you that your product or service is unique and of
outstanding quality. They want to be assured by you that your
organization is profitable and growing.
Reaffirming
this message should be, corny as it might seem; your continual mantra!
When they hear it from you, the message holds a certain level of
credibility. Share the message with a level of conviction that
penetrates both your soul and theirs—and the message will be
received—guaranteed!
Professional
speakers and emerging speakers, please visit http://www.SucceedInSpeaking.com
for additional ideas and assistance.
Trade
Association & Professional Society Executives: Strategy &
Competition
Recently,
Tim Schneider, Publisher at “Association News” wrote a great
editorial recommending that association executives think strategically.
He heavily mentioned Rich Horwath’s new book titled, “Strategy
Espresso” listing three important strategies:
1.
Create Differentiation
2.
Focus Resources
3.
Design Systems
In
explaining the first strategy there are questions about similarities and
differences from one’s competition. This, I believe, is an important
yet undeveloped area for many associations.
Not
long after John Graham IV took over the reigns as President and CEO at
ASAE,
“Association
News” (August 2003 issue) asked him what he considered to be the major
issue facing the association management profession in that year. His
response, “Clearly, translating the mission of the organization and
the needs and wants of the members, and being able to sustain that model
economically is a balancing act. So many associations are chasing after
dollars and revenue streams that may or may not be in alignment with the
overall mission of the organization.”
It
is the “chasing after dollars” comment that still resonates today.
Which companies and organizations might be competition to your
association? My answer would be any that are competing for the
“mindshare” of your members or potential members. This would include
both for-profit and non-profit organizations. And, if they conduct an
activity or produce a product better, faster or cheaper than does your
association—should you be in that business? This will be one of the
most important strategic questions that you will pose to your board in
2008.
Association
executives may access my association growth articles, member recruitment
campaign information, and member value video presentations at http://www.rigsbee.com/association.htm
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 4/16/08
================================================================
1.
Partnering for Profits: Shared Commitment
2.
Executive Presentation Skills: Hands in Pockets
3.
Association Executives: Contrarians
================================================================
Partnering
for Profits: Shared Commitment
A
partnering relationship with a shared sense of commitment to a long-term,
mutually beneficial vision and shared goals is what many seek, especially
in a strategic marketing alliance. You want your alliance team, as well as
the team of your partner to be working collaboratively for the mutual
benefit of the marketing alliance. Below are three tips to help your
success:
1.
Build an inclusive and trusting conduit for communication. When you build,
into the alliance mechanisms focused on encouraging two-way communication,
challenges are easier to resolve.
2.
Executives from both organizations must listen to the perspective of those
who work within the alliance on each side of the partnership. While
executive time is always at a premium, nonetheless is it crucial to
alliance success that these same executives, that call the shots, dedicate
blocks of time for communication.
3.
Understand the strategic, operational, and cultural issues among partners
that affect your marketing alliance. If both sides commit to keeping these
three areas healthy, achieving the mutual vision is more than possible.
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Hands in Pockets
Think
back to the last speaker you listened to that had something really
interesting to say but you found yourself having trouble concentrating on
his or her talk. What was it that caused your discomfort? I’ll bet it
was some sort of nervous habit that the speaker had not yet overcome.
One
of the worst nervous habits exhibited by speakers, especially with men, is
putting their hands in their pockets. Why is this? It is because they
either don’t know how to use their hands to further their presentation
or because they are self-conscious. Either way, the result usually is a
jangling coins or keys that truly distract the attention of those trying
to listen to the talk.
Here
is a tip for you to try the next time you present: Take EVERYTHING out of
your pockets. This way you’ll be less inclined to play with items when
you do slip and put your hands in your pocket.
A
bit of a twist to this idea is to put only a $10 bill in each front
pocket. The first time you put your hand in your pocket, pull that first
$10 bill out and hand it to the attendee closest to you at that exact
moment. Tell your attendees, like them, you are always trying to improve
and explain the hand in the pocket habit you are trying to break. Then
continue with your talk. The next time you put your hand in either pocket,
give the other $10 bill away.
Then,
at your next speech, give two $20 bills away, then at the next, two $50
bills. By the time you’ve given two $100 bills away at a speech,
you’ll be well on your way to breaking the habit.
Trade
Association & Professional Society Executives: Contrarians
Within
the membership of your association, are there contrarians? Some
association executives say they would be better off if the contrarians
moved on, that things would run so much smoother without these figurative
thorns-in-the-sides. What do you think? Do you think this is true?
Is
there a place for contrarians in your association? Is there any real value
that contrarians deliver to an organization?
If
your organization is dynamic, growing, and delivering high levels of value
to the members; I’ll bet you have your fair share of contrarians
involved because they continually push for improvement. I’d like to
recommend that you have a discussion at your next board meeting based
around the subject of the value contrarians deliver to your association
and how to better engage them. You might be surprised at what you hear.
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 4/9/08
================================================================
1.
Partnering for Profits: Deteriorated Trust
2.
Executive Presentation Skills: Punctuate Your Point
3.
Association Executives: Meeting Negotiability
================================================================
Partnering
for Profits: Deteriorated Trust
Trust
is the glue that binds all alliance relationships. If a festering
situation is allowed to continue unchecked, the natural outcropping will
be a deterioration of trust. What can be done to keep this from occurring?
The number one safeguard is to have alliance management and measurement
systems in place. Most times, this will alert alliance overseers to an
escalation of problems.
What
do you do once trust has been damaged? The two-part formula is first,
conduct an anonymous survey of all the persons that are involved in the
alliance, functionary to executive; from both, or all the companies that
are involved. Questions should be asked in three key areas: strategy,
operational, and cultural. This will give a mediator the information
necessary to put the part-two into action. The second part of the solution
is to hold a live meeting which MUST be facilitated by a neutral third
party. At this face-to-face meeting is where issues will be hashed out and
strategies to rebuild trust will be put into action.
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Punctuate
Your Point
I
recently coached a speaker on technology who needed assistance in making
his presentation more impactful. After watching the video of a recent
presentation, among my suggestions was this: “Quit walking over your
important points. Punctuate your points of wisdom with a pause,
intentional movement on the platform, or a change in facial expression.”
Following his presentation he called me from across the country to tell me
how well it went for him—especially the punctuation of his important
points. He told me that he could see it in the eyes of his audience at
these important points that they were, getting it!
Trade
Association & Professional Society Executives: Meeting Negotiability
In
the recent, March 24, issue of “Meeting News” was a front page article
about Governor Schwarzenegger terminating California’s State meetings.
While this is a real bummer for California and western hoteliers, it is a
real opportunity for non-profits.
A
little bit of sleuthing could deliver excellent meeting values for those
that might be considering a 2008 meeting in the west. Take advantage of
the cancelations. I realize that most of the government meetings are not
held in Five Star properties; however there are, or soon will be, some
great deals for the taking at mid-level properties.
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 4/2/08
================================================================
1.
Partnering for Profits: Value of Alliances
2.
Executive Presentation Skills: Associative Ideas
3.
Association Executives: Meeting Negotiability
================================================================
Partnering
for Profits: Value of Alliances
Mark
Hanny, IBM VP of Alliances recently stated, “The value to IBM of a
disciplined and well managed alliance process is demonstrated by an
immediate increase of partnership performance…as much as 35%. Highly
skilled and experienced Alliance Managers are integral to that success
rate.”
Measuring
your alliances is an important key to success. Some of the areas of
concern in applying alliance metrics, for organizations highly involved in
alliance activity include:
>
What to measure in determining relationship quality.
>
Translating data into corrective action with partners.
>
Using metrics to spot early warning signs of underperformance.
>
Persuading others that measuring relationship quality is worth the effort.
>
Building partner alignment about what to measure and how to go about the
process.
Ed’s
12-Minute Strategic
Alliance
interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Associative Ideas
When
you want to quickly lock an idea into the minds of your audience, do so by
building on an idea that is already indelibly scribed into their minds. As
an example, the numbers of persons that have yet to master the art of
riding a bicycle are miniscule. If you were to say, “Learning our new
system is similar to learning how to ride a bicycle, only you get to do
this as an adult and in a air-conditioned classroom.” Audience members
will lock into their past experience of learning to ride a bike, thinking
it wasn’t so hard and then add to that, “I’m an adult now, and
smarter.”
Any
time you can harness the power of associative ideas already scribed in the
brains of your audience members, you can lock in your own ideas more
easily as an add-on. Try also describing something tangible to your
audiences, “As being like ______, but with ______.” You fill in the
blanks.
Trade
Association & Professional Society Executives: Meeting Negotiability
In
the recent, March 24, issue of “Business Travel News” is important
updated meeting information. Because of the economy, there has been a
spate of meeting cancelations and some properties and markets are more
willing to deal than in recent times. Bjorn Hanson from
PricewaterhouseCoopers is quoted as stating, “The lodging industry is
over-responding to the weak start of the year. That creates some
opportunities for midsize and smaller meetings that have shorter
scheduling horizons to negotiate more aggressively and maybe not only get
more favorable room rates, but other concessions as well.”
While
the above information might be most helpful to corporate planners,
association executives can take advantage of the changing winds in
hospitality for closer-in scheduled regional meetings, workshops and
trainings.
I
personally found the above to be true in
Long Beach
,
California
. On March 18, I put on a small training meeting—-only using about 25
room nights. I waited to book a property because I wanted to have a better
idea of the number of attendees and guess what happened? I received an
email from the Long Beach CVB offering a special—during the time for
which I had planned my meeting. And, the deal was for the best properties
in town. By waiting, I was able to secure a 35% room rate reduction and
they even threw-in the meeting room complementary, making the total
consideration even higher. Sure, you are locked in for this year’s big
meetings, however special considerations are becoming more available than
just a couple months back. Encourage your meeting planners to keep their
eyes open…
================================================================
Strategic
marketing alliances will help you to increase your market share for far
less than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there be an
opportunity you are missing?
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 3/26/08
================================================================
1.
Partnering for Profits: Using Web 2.0
2.
Executive Presentation Skills: Word Game Answers
3.
Association Executives: Meeting Budgets
================================================================
Partnering
for Profits: Using Web 2.0
It
was recently revealed by a Gartner Group survey that approximately 30% of
alliance executives are adopting some social media and community
technologies like blogging. However, most are taking a wait and see
position. Large company survey respondents reported:
36.6%
use social networking sites to find partners
22.5%
use social networking to manage relationships
38.6%
use personal or corporate blogs principally to manage relationships
39.7%
use podcasts or video clips
33.3%
use Wikis (individual publishing enabled web site) to manage relationships
21.6%
use Wikis to find new partners
70.0%
use industry portals
As
you struggle to develop and implement your own strategic alliances,
consider how the larger companies are employing Web 2.0 to improve their
alliance success.
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Word Game Answers
As
I stated last week, here are the answers to the Michael Strumpf’s word
game: “If a lawyer is disbarred, and a priest is defrocked, what about
an electrician? Is he de-lighted, a musician de-noted, a cowboy de-ranged,
a model de-posed and a medium dispirited?”
1.
A Far East diplomat is DISORIENTED
2.
An office worker is DEFILED
3.
A banker is DISINTERESTED
4.
Politicians are DEVOTED
5.
Wine merchants are DEPORTED
6.
A baker is UNROLLED
7.
A school teacher is DEGRADED
8.
A podiatrist is DEFEATED
9.
A songwriter is DECOMPOSED
Trade
Association & Professional Society Executives: Meeting Budgets
Meetings
are the lifeblood of trade associations. Hotel rates are steadily
increasing. What about your budgets; are they keeping pace?
Reported
in the March issue of “Successful Meetings” is some data about how
associations are dealing with the issue. The question was asked about the
first item that meeting planners would reduce to accommodate for higher
hotel room costs. The following are their answers:
23.7%
Food & Beverage
10.2%
Recreation/amenities
10.2%
Outside planning services
9.3%
Theme décor
6.8%
Entertainers
6.8%
Attendee gifts
5.1%
AV/Tech
3.4%
Speakers
2.5%
Ground transportation
22.0$
No cuts—budgets have grown to keep pace
Two
points; first is that I’m happy to see that 22% of the respondents
received budget increases to keep pace. Second; is the fact that 96.6%
realize the need for quality education by not listing speaker cuts as
their first line item to chop.
If
you are faced with budget cost cutting for your coming meetings, keep in
mind the most basic reason your members attend association meetings:
Building their businesses. Cut the fringe, not the basics!
================================================================
Strategic
marketing alliances will help you dominate your market for far less
expense than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there an
opportunity you are missing? For additional information on consulting
services, please visit www.rigsbee.com/allianceworks.htm
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
Our
products and services are available for purchase online at www.rigsbee.com/products.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 3/19/08
================================================================
1.
Partnering for Profits: Emerging Industries
2.
Executive Presentation Skills: Posture
3.
Association Executives: Membership Slip
================================================================
Partnering
for Profits: Emerging Industries
Announced
in the April 2008 issue of “Biodiesel Magazine” is the Greenline
Industries Inc. and Skanska USA Building Inc. strategic alliance agreement
to offer a single source of fully operational biodiesel production
facilities in North America. Greenline designs and fabricates biodiesel
production equipment that includes a waterless, modular processing
technology. Skanska provides construction, pre-construction consulting,
general contracting and design/build services. Together, the companies
will offer services in site selection, permitting, business, finance, and
supply and offtake.
As
new industries emerge, especially in the trendy “Green Industries” you
might ask your executive team to explore the possibilities of
participation in these emerging sectors. Even if you see no immediate
coloration to your current offering or market, it would none-the-less be
in your best interest to explore the possibilities of crafting alliances
in new directions.
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Posture
[Fun
with Words] Last week I stated the answers to the Michael Strumpf’s word
game would be in this week’s letter. My bad, it’s not. I’m writing
this letter away from the office so the answers will be in next week’s
letter. Sorry-
How’s
your posture? People can tell quite a bit about your confidence and
self-esteem based on your posture. The more erect you stand, the more you
command respect from your audience. Stop! I am not saying to be stiff as a
board. I’m suggesting that good posture gives you two benefits. First,
as I already mentioned--more respect. Second is voice quality; when you
open your body stance, push your shoulders back just a bit and breathe
deeper, your voice relaxes and deepens, exhibiting a “tone” of
confidence.
At
your next presentation, imagine a string attached to the top of your head.
If you slump it will pull out your hair but if you stand just a bit more
erect there is no stress and your words will be delivered commanding the
attention you deserve.
Trade
Association & Professional Society Executives: Membership Slip
Oh,
it’s the economy. These words have been used as the excuse for just
about anything one can imagine. At your next board meeting, who do you
think is going to use the economy as an excuse for non-performance? Will
it be a volunteer leader? Will it be a paid staff person?
Sure,
the economy is uncertain. Yes, it is an election year. However, aren’t
you tired of hearing the excuses? Business is about results, not excuses!
Now is the time to look at rock-solid planning for your association, with
metrics attached to manage results. Are you willing to push your board to
demand results-—of one another?
Now
is not the time to accept membership slip as an option. Now is the time to
determine the value your association delivers and decide how you can
deliver more. Now is the time to help your members to become evangelists
for your association.
================================================================
Strategic
marketing alliances will help you dominate your market for far less
expense than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there an
opportunity you are missing? For additional information on consulting
services, please visit www.rigsbee.com/allianceworks.htm
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
Our
products and services are available for purchase online at www.rigsbee.com/products.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 3/12/08
================================================================
1.
Partnering for Profits: Don’t Wait for the Competition to Eclipse You
2.
Executive Presentation Skills: Fun with Words
3.
Association Executives: Realistic ROI
================================================================
Partnering
for Profits: Don’t Wait for the Competition to Eclipse You
Recently
reported in the March 5, 2008 issue of “FleetOwner” is the new
trucking alliance consisting of six regional carriers; The Reliance
Network.
“In
an unusual alliance, 6 carriers--Averitt Express, Canadian
Freightways/Epic Express, DATS Trucking, Lakeville Motor Express, Land Air
Express of New England, and Pitt Ohio Express--have united to form a
national freight network, effective March 1, 2008. The new alliance,
called The Reliance Network, will establish a network across North America
to provide LTL, truckload and supply chain freight services, the group
said.”
Last
week I wrote about taking the time to due your partner due diligence,
however I want to also stress the importance of not taking so long to act
that you get left out in the cold. The participants in the above alliance
came together to create an organization that has the capability to both
serve larger customers and a larger geographical area. How many regional
trucking companies were left behind? In your industry, be the
leader—build your alliances now—don’t get left behind.
Ed’s
12-Minute Strategic Alliance interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Fun with Words
From
a book I really enjoy, “Painless Perfect Grammar” by Michael Strumpf—here
is a fun and interesting exercise you might consider using to relax an
audience. Offer to them; if a lawyer is disbarred, and a priest is
defrocked, what about an electrician? Is he de-lighted, a musician
de-noted, a cowboy de-ranged, a model de-posed and a medium dispirited?
Try
these for yourself:
1.
A Far East diplomat is
2.
An office worker is
3.
A banker is
4.
Politicians are
5.
Wine merchants are
6.
A baker is
7.
A school teacher is
8.
A podiatrist is
9.
A songwriter is
For
the answers to the above and more, you may head to a bookstore or go
online and purchase Michael Strumpf’s book, or wait until next week for
the answers.
Trade
Association & Professional Society Executives: Realistic Return On
Investment
I’ve
been asked by a number of association executives if my “Member Value
Process” could be done by online or mail-in survey? The answer is no.
To
effectively determine the yearly sustainable real dollar value of
membership at your association, there is a need for interaction among the
members to determine a value number that is not too exceedingly
high—while still high enough to prove a good ROI. If the number is so
high that it would appear unrealistic to the non-member—you’ve lost
them before you have even started.
You
may now watch my one-hour “Member Value Process” video (from the
annual convention of the Society of Government Meeting Professionals) at www.rigsbee.com/association.htm
and when you do, I believe you will better understand why the process
needs to be done live.
================================================================
Strategic
marketing alliances will help you dominate your market for far less
expense than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there an
opportunity you are missing? For additional information on consulting
services, please visit www.rigsbee.com/allianceworks.htm
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
Our
products and services are available for purchase online at www.rigsbee.com/products.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 3/5/08
================================================================
1.
Partnering for Profits: Partner Due Diligence
2.
Executive Presentation Skills: Bad Habits
3.
Association Executives: Paid-to-Play
================================================================
Partnering
for Profits: Partner Due Diligence
Over
the years, I have told scores of alliance practitioners that if they pick
their partners poorly, they deserve the partner whom they have selected.
You can spend a reasonable amount of time culling through potential
partners for the best or you can spend an unreasonably huge amount of time
on conflict resolution and post agreement exit tactics. The choice is
yours.
But
why do so many very bright business leaders “jump into bed” before
they have “tested the water”—-I so love mixed clichés. It is
because of the quarterly pressures to perform, to increase market share,
to lower costs, to develop new products, etc.
If
you are considering an alliance, please do yourself a favor and take my
alliance quiz before you “jump into bed” and later regret your hasty
action. This quiz is not a total solution however; it will get you
thinking in the right direction. http://www.rigsbee.com/quiz.htm
Ed’s
12-Minute Strategic alliance development interview on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Bad Habits
My
friend, Tom Antion, used to be a humorist but later became a highly
respected Internet Marketing Guru—-go figure. In his days of humor he
wrote a business presentations book titled, “Wake ‘Em Up.” He listed
several common bad habits frequently made by business speakers. Take a
look and try to eliminate any of which you find yourself guilty.
>
Pacing back and forth
>
Jingling coins in your pocket
>
Jingling bracelets or jewelry
>
Playing with your hair
>
Playing with things like pointers, markets, etc.
>
Holding on to the lectern or table for dear life
>
Rocking front-to-back or side-to-side
>
Standing rigidly in one place
>
Speaking with your head down or bowed
>
Locking hands together or twiddling thumbs
>
Tapping your fingers
>
Pushing up your glasses
>
Staring
>
Frowning
Trade
Association & Professional Society Executives: Paid-to-Play
Apparently,
my last article titled, “Association Members Must Become Evangelists” http://www.rigsbee.com/association11.htm
raised the eyebrows of a few association executives.
I
stated, “A trade association or professional society should be a
wonderful, industry wide strategic alliance enabling all stakeholders to
harness the collective strength and thereby receiving the value they need.
The members that are actively involved as functionaries in their industry
should be the ones driving an association, not the paid staff and not the
suppliers. Your paid staff members already get their benefit—a paycheck.
The suppliers always get a huge amount of value from
participation—networking with their customers. However, it is you, the
functionary member that stands to gain the most through participation.”
This
sentence was the culprit, “Your paid staff members already get their
benefit—a paycheck.”
Since
I did not do an acceptable job of making myself understood; the point is
this, there is a different dynamic between the persons that pay-to-play,
members and associate members verses the ones that are paid-to-play, the
staff.
The
times when the paid staff experience the pay-to-play dynamic is mostly if
they participate at ASAE, MPI, PCMA, etc. where they are a paying member.
Finally,
my statement was not made to minimize the dedication that many paid staff
members exhibit, but to put them in an entirely different category from
the ones that pay-to-play.
================================================================
Strategic
marketing alliances will help you dominate your market for far less
expense than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there an
opportunity you are missing? For additional information on consulting
services, please visit www.rigsbee.com/allianceworks.htm
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
Our
products and services are available for purchase online at www.rigsbee.com/products.htm
BUSINESS
IS ABOUT RESULTS, NOT EXCUSES!
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 2/27/08
================================================================
1.
Partnering for Profits: Pre-Agreement Workshop
2.
Executive Presentation Skills: Make Them Do Something
3.
Association Executives: Received Value
================================================================
Partnering
for Profits: Pre-Agreement Workshop
Continuing
from last week on the subject of an alliance development workshop, to be
attended by all the affected parties from both companies; this effort will
save you so much grief over the life of your alliance if you do it right.
The
reason you want to conduct this full-day workshop before you get to the
contractual phase of alliance development is because so many small issues
will present themselves through the two-way discussion of the workshop
attendees.
Little
issues prompt additional thinking. When the additional challenges are
ironed out prior to the writing of the alliance agreement; implementation
becomes easier. If you spend too much alliance capital on development,
there is less for measurement and management. Successful alliances need
quarterly metrics measurement and review to determine the success of
employed alliance management tools.
Ed’s
12-Minute Strategic alliance development on Cisco’s BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Make Them Do Something
A
friend of mine, Rob Sherman, is the author of “Sherman’s 21 Laws of
Speaking.” In his book, Law 12 states, “Energize your audience: make
them do something.” Rob continues with 8 tactics, they are:
1.
Ask to see their hands
2.
Get them on their feet
3.
Break into groups
4.
Refer to members of your audience
5.
Use music
6.
Ask questions
7.
Give away prizes
8.
Be creative
I
can tell you from my two decades of speaking professionally, each of the
above tactics will work for you. Simply pick one and give it a try. Be
bold and use three in your next presentation.
Trade
Association & Professional Society Executives: Received Value
If
your members do not consider the services your association offers to be
valuable; is it because outside organizations do the service better or is
it because the members don’t even know the service is available to them?
How
do you communicate with your members? Some associations have moved
completely to email regardless of the fact that the average age of their
membership is over 50. And trust me, only so many people over 50 actually
read and respond to their email.
The
way to get the word out is for your paid staff, board of directors and
regional directors to become evangelists for the products and services
that your association offers. And yes, this means they themselves have to
take advantage of the, in question, products and services.
If
your board members are not taking advantage of the products and services
that your association offers; what does that tell you about their
perception of value?
================================================================
Strategic
marketing alliances will help you dominate your market for far less
expense than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there an
opportunity you are missing? For additional information on consulting
services, please visit www.rigsbee.com/allianceworks.htm
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
Our
products and services are available for purchase online at www.rigsbee.com/products.htm
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 2/20/08
================================================================
1.
Partnering for Profits: Pre-Alliance Workshop
2.
Executive Presentation Skills: Confidence
3.
Association Executives: Co-Branding
================================================================
Partnering
for Profits: Pre-Alliance Workshop
There
are two important benefits received from organizations conducting a
pre-alliance workshop before the building of an alliance agreement.
1.
Better alliance results
2.
Lower legal fees
First,
when the future functionaries of the conceived alliance get together to
hash out the challenges, much of the important issues that the executive
organizers might have missed, are brought to light and resolved.
Second,
by conducting your “post draft” contract negotiating before you start
to build your alliance contract, there will be far less issues for the
lawyers to resolve. This will result in a better agreement and will cost
you far less to structure and implement.
Excellent
strategic alliance development information at BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Confidence
Recently,
I posed a question to my network of professional speakers on the subject
of platform confidence; real or counterfeit. I wanted to know what they
thought brought them platform confidence. Below, you find a summary of
their answers.
1.
Knowledge; of audience, of material, and of how to take them along for the
ride
2.
Years in the business
3.
Expertise
4.
Preparation; presentation research, mental prep, and physical prep.
5.
Authenticity
6.
Ability to channel fear
7.
Personal conviction about topic
8.
Rely on a higher power
I
think this is a pretty good list. While not everyone exudes all the above
qualities, having several under your belt will most definitely give you
the confidence to be an effective communicator.
All
the answers I received are available at:
http://www.succeedinspeaking.com/platform-confidence.htm
Trade
Association & Professional Society Executives: Co-Branding
Co-Branded
trade shows and expos are becoming quite popular. Why do you think that
is?
The
benefit of one organization partnering with another to host a trade show
should be easily evident:
1.
Show production and marketing cost savings.
2.
Larger member base from which to draw attendance.
3.
Eliminate duplication of effort within an industry of association
resources, supplier resources and member time.
4.
Increased image within your industry.
What’s
the down side?
1.
Each organization having to give up complete control.
2.
Poor communication could spell disaster.
3.
Bad partner behavior will have an effect on you and your organization.
To
help you avoid the alliance disasters of others, read my article titled,
“The Pitfalls to Successful Strategic Alliances.” You may access the
article at: http://www.rigsbee.com/ps5.htm
================================================================
Strategic
marketing alliances will help you dominate your market for far less
expense than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there an
opportunity you are missing? For additional information on consulting
services, please visit www.rigsbee.com/allianceworks.htm
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
Our
products and services are available for purchase online at www.rigsbee.com/products.htm
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Business Results: 2/13/08
================================================================
1.
Partnering for Profits: Relationship Value Update
2.
Executive Presentation Skills: The Smile
3.
Association Executives: Affinity Programs
================================================================
Partnering
for Profits: Relationship Value Update
Help
your alliance partner to instantly improve how well they serve you by
conducting regular relationship value updates. A person, or the persons,
in an organization can only deliver value to their alliance partner(s)
when they clearly understand what activities their alliance partner(s)
considers to be valuable. My article titled, “Keeping Your Alliance
Alive & Healthy,” adapted from “Developing Strategic Alliances”
will give you more details on how to implement this suggestion. http://www.rigsbee.com/dsa3.htm
While
on the subject of relationships, I’ll always remember something John
Gray, author or “Men Are from Mars, Women Are from Venus” said when he
presented at a National Speakers Association conference a few years back.
He pulled one rose from a vase that held a dozen roses and commented,
“If you give your loved one a dozen roses, that’s one point for
you.” “However,” he continued, “if you give that same person a
single rose, it is also one point for you.” He suggested giving one
rose, 12 times, thereby garnishing 12 points.
While
some consider Valentine’s Day to be a conspiracy of big retail, flower
growers, and candy manufactures; for the less cynical, this day is simply
a reminder that one should make as many relationship bank deposits as
possible, especially with those that you love. Make Valentine’s Day 2008
more than a day of giving, because you must—but rather the first day in
a continual string of making relationship bank deposits (getting
points)—you’ll be glad you did.
Excellent
strategic alliance development information at BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills
What’s
a smile worth?
At
a recent meeting of my mastermind group, one of the members asked if the
group would watch a few minutes of their recent interview. What hit me
like a ton of bricks were the comments the members of the group made about
this person’s infrequent smile, especially because this person has a
wonderful smile. The interviewee was so focused on delivering quality
answers to the interviewer’s, sometimes unformed questions; that they
did not smile much.
Back
to my question, what’s a smile worth? If a picture really is worth a
thousand words, then what is your smile, or lack there of, saying to your
audience?
As
my good friend, Dr. Terry Paulson, would say, “Tell your face that
it’s in park.”
Trade
Association & Professional Society Executives:
How
well are your affinity programs serving both your members and the
association in general?
If
your association cannot compete with the open market on delivering
products and services to your members as cost effectively as your outside
competition, you have no business being engaged in that activity. This
takes your focus away from the programs that do serve your members well.
Yearly,
it is a good idea to review all affinity programs for an increase or
decrease of member involvement; this can be quite telling. While I am a
huge believer in customer loyalty, it is still incumbent upon you to
exercise your fiduciary duty to the association and honestly review offers
tendered by competitors to your current affinity vendors.
Frequently
you are faced with an ethical decision as to skimming a commission for the
association, verses delivering the best product at the best possible price
to your members. Select well, your members are depending on you.
================================================================
Strategic
marketing alliances will help you dominate your market for far less
expense than going it alone—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there an
opportunity you are missing? For additional information on consulting
services, please visit www.rigsbee.com/allianceworks.htm
Need
a dynamic keynoter? View my video clips at http://www.youtube.com/partneringalliances
Our
products and services are available for purchase online at www.rigsbee.com/products.htm
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Copyright
© 2008
Your
Effective Executive Letter for Doing Better: 2/6/08
================================================================
1.
Partnering for Results
2.
Executive Presentation Skills: Triad with a Twist
3.
Association Executives: Defined Roles and Accountability
================================================================
Partnering
for Results
I’ve
said it time and again; business is about results, not excuses! I bet
you’ve heard the following three key excuses far too many times.
Excuse
#1: I’ll get to it later.
Excuse
#2: I don’t know how to do that.
Excuse
#3: I tried, but it didn’t work.
In
an effort to help your employees achieve results, try the replies listed
below the next time you hear one of the above excuses.
Reply
to excuse #1:
Your
self-talk either fuels or extinguishes your passion to achieve, so could
you talk to yourself about something else?
Reply
to excuse #2:
Who
in our organization does know? Try developing a partnering relationship
with them.
Reply
to excuse #3:
Ideas
are just dreams without implementation; perhaps it was your method of
implementation? What implementation skill or knowledge are you currently
missing?
Have
fun with the rebuttals. Offer them in a kind tone and with a smile on your
face. I bet many of your employees will get the message that lies behind
the message.
Check
out how to develop strategic alliances (video) at BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive
Presentation Skills: Triad with a Twist
If
you’d like to put a bit of humor in your next presentation try using the
triad with a twist. This is when you use a group of three, with the third
thing you mention being different than your listener would have expected.
It’s called an ambush, you get them thinking in one direction and then
you take your listener in a completely unexpected different direction.
As
an example: Sales in our organization have slowed to the point that I feel
our sales force has either lost their car keys, forgot how to use a map or
started cross-dressing. The third item is not what one would expect an
executive to say and if done with a short pause, and a smile, you would
most likely get a laugh.
Play
around with the triad of three by absorbing your humor ideas through
listening to the radio, watching TV, or sitting on a newspaper.
Trade
Association & Professional Society Executives; Defined Roles and Accountability
This
week I received a subscriber query about association executives. The
question, from a volunteer leader, was about how to get rid of a poorly
performing or overly domineering executive director.
I’ve
seen stellar executive directors and I’ve dealt with some that truly
should be shot! I believe the bigger issue is that of clearly defining the
roles and responsibilities of an executive director, and then holding the
executive director accountable and vice versa. To run an association well,
there must be an effective partnership of the paid staff and volunteer
leadership where the paid staff also holds the volunteer leaders
accountable for performing their roles.
A
couple years back, I worked with an association’s board of trustees to
help the association explore potential strategic alliances and found a
board that so wanted to micro-manage, that the paid staff became
immobilized. That dynamic does not serve anyone.
Boards
should focus on the strategic decisions and leave the daily tactics to the
paid staff. Boards should also clearly define the duties of the paid
staff, especially the executive director, and get out of their way while
concurrently holding staff accountable to their clearly defined duties. If
the board of directors, as a group is not willing to do the above, then
don’t complain about the results. More help for association staff and
volunteer leaders at www.rigsbee.com/association.htm.
================================================================
Collaborations
to help you dominate your market—why not get started now? Call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from targeted marketing alliances. Might there an
opportunity you are missing? For additional information on consulting
services, please visit www.rigsbee.com/allianceworks.htm.
Also,
please consider using me, Ed Rigsbee, at your next meeting for your
keynote presentation, to view video clips, please visit www.rigsbee.com/selectvideo.htm.
Our
products and services are available for purchase online at www.rigsbee.com/products.htm.
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Your Effective Executive Letter for Market Domination: 1/30/08
================================================================
1. Partnering for Profits: 5 Alliance Practices
2. Executive Presentation Skills: To Joke or Not to Joke
3. Association Executives: Member Recruitment Tracking System
================================================================
Partnering for Profits: 5 Alliance Practices
In a recent Harvard Business School article by Jonathan Hughes and Jeff Weiss, they suggest you apply five counterintuitive practices to bolster your alliance success rate:
1. Develop the right working relationship.
2. Peg metrics to progress.
3. Leverage differences.
4. Encourage collaboration.
5. Manage internal stakeholders.
While I completely agree with the above five practices, I’m not convinced that these practices are counterintuitive. Quite the opposite, I believe the above practices are intuitive for the experienced strategic alliance professional.
As you push into the New Year on your journey toward dominating your market, review your standards for making your marketing alliances successful. The above practices will serve you well if taken seriously.
Check out my recent strategic alliance interview posted at BizWiseTV:
http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Executive Presentation Skills:
To Joke or Not to Joke
To joke or not to joke; that is the question. Many old and tired communication books suggest you start your speech with a joke. Let’s explore that. Is the joke you plan to tell one you got off the Internet? If so, how many other people to you think have already read it?
If you open with a joke, does the joke make a point or move your audience into a better place, ready to receive your words? Or, is it for you? Do you need to do something to relax yourself? Do you think a joke is necessary to relax your audience?
A much better bet is starting your presentation with a story that applies to your topic. If the story is your own; you lived through the event, so it will be easy to tell. Opening with a story will relax both you, and your audience. Just keep the story humorous, pithy, and pertinent to your speech. Do this and you will start off with a homerun.
Trade Association & Professional Society Executives:
Member Recruitment Tracking System
What’s your member recruitment tracking system look like; a gleaming machine or an old rust bucket?
Sorry, I don’t mean to cast aspersions on your systems, however too many associations with whom I’ve worked simply did not have a member recruitment tracking system in place.
If you find yourself without a member recruitment tracking system, let that be your February 2008 resolution; assign someone to get a system started. Your system does not have to be highly sophisticated but rather could be as simple as having a call back mechanism added to your member data base program. If you manage a smaller association, this can easily be done with MS Outlook, Sage ACT or Goldmine.
Please, don’t let a single potential member slip through the cracks in 2008; there is just no good reason for it. More members equal more possibilities to serve your industry.
================================================================
Market domination through collaboration—get started now; call me at 800-839-1520 for a consultation. We see 5-20% market share increases almost instantly from targeted marketing alliances. Might there an opportunity you are missing? For additional information on consulting services, please visit
www.rigsbee.com/allianceworks.htm.
Also, please consider using me, Ed Rigsbee, at your next meeting for your keynote presentation, to view video clips, please visit
www.rigsbee.com/selectvideo.htm.
Our products and services are available for purchase online at www.rigsbee.com/products.htm
Ed Rigsbee, CSP
Rigsbee Research Consulting Group
Your
Effective Executive Letter for continued business growth: 1/23/08
================================================================
1.
Partnering for Profits: Strategic Marketing Alliances
2.
Executive Presentation Skills: Collaborative Effort
3.
Association Executives: Value-Based Member Recruitment
================================================================
Partnering
for Profits: Strategic Marketing Alliances
If
you are serious about building profitable alliance relationships, you need
to view my recent strategic alliance interview posted at BizWiseTV: http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4
Please
do your business friends the favor of forwarding this link to them so they
can also receive benefit.
The
2007 ASAP Alliance study revealed, of the participating organizations, 48%
are enjoying the benefits of at least one marketing alliance. As the
economy becomes even less predictable (many suggest the economy is quickly
going south), the need for strategic marketing alliances to assist you in
dominating your market becomes significantly evident.
As
the inevitable industry consolidations manifest themselves, select to be
ahead of the curve by forming your anticipated marketing alliances sooner,
rather than later.
One
of my favorite economists, in helping me understand the American economy,
is Jeff Thredgold. He can help you too. Access his current electronic
newsletter, the “Tea Leaf” at: http://www.thredgold.com/html/leaf080123.html
Executive
Presentation Skills: Collaborative Effort
In
the mid-1950s, Agatha Christie said, “Where two people are writing the
same book, each believes he gets all the worries and only half of the
royalties.” Who said collaboration was easy? Nobody; however, I say it
is worth the energy.
In
your organization, you are continually endeavoring to persuade the
stakeholders; be they your employees, the executive team, suppliers, or
stockholders. When you keep your focus on their needs, rather than your
own, your message will be received with clarity.
Is
it not human nature for one to think, “I’m doing all the work while
the others also receive the benefits?” Your goal, as a persuasive
executive, is to help your stakeholders, with whom you must depend, to see
their efforts through a new window. The window I suggest to you is that of
collaboration. When your stakeholders believe they are equally working
toward a common goal, they will have an emotional ownership in the success
of your enterprise.
Trade
Association & Professional Society Executives: Value-Based Member Recruitment
Consider
shifting your next member recruitment campaign to a value-based effort. To
develop a value-based campaign:
1.
Determine the yearly sustainable real dollar value your members receive
for their membership investment. (More info at www.rigsbee.com/association.htm.)
2.
Create a membership marketing brochure that focuses on the specific value
they can expect to receive from their membership investment, rather than
the nebulous value of your features, like educational and affiliate
programs.
3.
Distribute 10 of these new member marketing brochures to every association
member, and supplier, that attends your next annual or semi-annual
meeting.
4.
Ask the members in attendance to make a commitment to themselves and to
the association to distribute these new brochures to industry colleagues
that are currently not members.
5.
The SECRET step--to be implemented prior to step three: Explain to your
current members how an increased membership will directly benefit them.
Put more money in their pockets, perhaps? Tell your current members about
the value/benefit driven activities and programs that will be implemented
with the additional revenue and volunteer participation. Talk to them
about the additional legislative clout possible from a larger membership
base and tie the idea with a current industry problem. Give them the real
dollar affect and effect. That should move your members away from their
current complacency.
================================================================
When
you are ready to create greater profits through collaboration, call me at
800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from the right alliance. Might there an opportunity you
are missing? We, at Rigsbee Research Consulting Group, help make growth
happen. For more information on consulting services, please visit www.rigsbee.com/allianceworks.htm
for specifics and to start the process.
Also,
please consider using me at your next meeting as your keynote presenter,
to view video clips, please visit www.rigsbee.com/selectvideo.htm.
Our
products and services are available for purchase online at www.rigsbee.com/products.htm
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Your
Effective Executive Letter for continued business growth: 1/16/08
================================================================
1.
Partnering for Profits: Areas of Alignment
2.
Executive Presentation Skills
3.
Association Executives: Where
the Winners Meet
================================================================
Partnering
for Profits: Areas of Alignment
There
are three key areas of organizational alignment necessary for successful
alliances to proceed toward profitability. They are:
1.
Strategic Fit
2.
Cultural Fit
3.
Operational Fit
Alliance
deliverables become possible only when the above three key areas have a
reasonable alignment among the organizations entering into a strategic
alliance. This dynamic applies regardless of the size of the partners
involved; small business to global organizations. When selecting partners
for future alliances, be sure to view the pros and cons through the three
areas needed for alignment fit.
If
you are interested in watching a recent interview with me on the subject
of strategic alliances, conducted for Cisco System’s Collaboration
Resource Center, please visit: http://www.businessvideos.tv/collaboration/?surveyCode=2712&keyCode=156095_4.
Executive
Presentation Skills
When
presenting your ideas to others, do you frequently state, “I this… or
I that…?”
In
persuasive presentation there is an important me-you proportional
relationship that must be observed. More simply put, you should refer to
your listener more than you refer to yourself. This manifests in how often
you say “You” verses “I”.
Try
this the next time you are endeavoring to persuade another: Every time you
catch yourself saying “I” be certain to say “You” twice, before
you say “I” again. This will keep your focus on the one(s) you are
trying to influence rather than making the presentation become about you.
Trade
Association & Professional Society Executives: Where
the Winners Meet
Here’s
an interesting excerpt from the recently released report titled, “Where
the Winners Meet: Why Happier, More Successful People Gravitate Toward
Associations,” published by the William E. Smith Institute for
Association Research:
“On
average, association members earn significantly more money and are more
satisfied with their jobs than non-members. This is true even after
holding constant differences in job categories, disparities in education,
and all other relevant personal characteristics.”
To
access the report, visit: http://www.smithbucklin.com/smithinstitute/projects/projectdownload.cfm.
================================================================
When
you are interested in creating greater profits through collaboration, call
me at 800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from the right alliance. Might there an opportunity you
are missing? We, at Rigsbee Research Consulting Group, help make growth
happen. For more information on consulting services, please visit www.rigsbee.com/allianceworks.htm
for specifics and to start the process.
Also,
please consider using me at your next meeting as your keynote presenter,
to view video clips, please visit www.rigsbee.com/selectvideo.htm.
Our
products and services are available for purchase online at www.rigsbee.com/products.htm.
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
Your
Effective Executive Letter for continued business growth: 1/9/08
================================================================
1.
Partnering for Profits
2.
Executive Presentation Skills
3.
Association Executives
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Partnering
for Profits; Sell More, Lower Your Costs
According
to a recent study on alliances, 48% of the reporting organizations stated
they were involved in co-marketing alliances. The next largest group was
research alliances at 14%.
Cross
Promotion is an important part of co-marketing alliances. The key benefits
to you of cross promotion marketing are reduced marketing costs and
greater reach for your marketing dollar.
Cross
Promotions need not be limited to only one partner. In fact, every partner
that is enrolled thereby reduces the total cost to all involved.
In
2008, which of your products or services do you believe would lend
themselves well to cross promotions? The next important question is who?
Which competitor(s) would make a great partner? Also, which non-competitor
is operating in your marketplace that has, and is, seeking customers
similar to yours?
What
a great place to start in assembling your profitable 2008 cross promotion.
If you would like additional information on cross promotions, please visit
www.rigsbee.com/ma15.htm.
Executive
Presentation Skills: Power of the Pause
From
presentation skills coach, Ron Arden, I learned the power of the pause...
There
are three excellent reasons to use the pause in your presentations:
1.
The pause is a monotony buster. Persuasive verbal communication should
offer unexpected twists and turns both in content and tone.
2.
The pause allows your audience members to absorb your important points. A
pause after a cogent point helps to lock that point into the subliminal
mind of your listeners.
3.
Perhaps you might need a moment to mentally regroup your thoughts during a
speech? If you use pauses periodically in your presentation, you can
easily slip in an extra, and just a bit longer, pause to gather your
thoughts when you fall off track. This is a helpful trick many
professional speakers use.
Trade
Association & Professional Society Executives: Membership
Are
you doing everything that you can do to enroll prospective members? Here
is a true story that might get you thinking about your member recruitment
attitude.
As
the Executive Director of an IRS recognized non-profit, www.cigarpeg.com,
I decided that it would be good for me to join a related association. Last
month, I called two California State Associations, one for association
executives and one specifically for non-profits. To date, I have joined
neither.
One
of the two, I called and left a message with the membership person; she
returned my call and left a voice message. That was the last time I heard
from that association and it has now been a few weeks. The second, I
chatted with their membership person and am still waiting for an
information package she promised to get right out to me.
In
the situation with the first association, would it not make sense to you
that the director of membership make a second attempt to contact a
prospective member that called for information about membership? I just
got busy and didn’t call her back. Had she called me back a second time,
I believe I would have joined instantly.
As
for the second association, I was amazed that when I asked the membership
person about the value I would receive from being a member, she asked if I
was joking. I was not, and was less than impressed with her lack on
knowledge as to the benefits of membership. I am even more unimpressed
with her lack of follow through. I really did want the prospective member
package to help me decide which association to join.
Please,
for the sake of your organizational bottom line, review how your
membership department tracks prospective members. Many folks just need a
little nudge, and they will join. However, if you do not pay attention and
ignore them, they most likely will not get around to joining any time
soon, if ever.
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When
you are interested in creating greater profits through collaboration, call
me at 800-839-1520 for a consultation. We see 5-20% market share increases
almost instantly from the right alliance. Might there an opportunity you
are missing? We, at Rigsbee Research Consulting Group, help make growth
happen. For more information on consulting services, please visit www.rigsbee.com/allianceworks.htm.
Also,
please consider using me at your next meeting as your keynote presenter,
to view video clips, please visit www.rigsbee.com/selectvideo.htm.
Our
products are available for purchase online at www.rigsbee.com/products.htm.
Ed
Rigsbee, CSP
Rigsbee
Research Consulting Group
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