What you won’t learn in B-School: 100 Cutting Edge Blogs

March 9th, 2010

Samantha Miller  has created a list of 100 Cutting Edge Blogs: What You Won’t Learn in B-School.

In the spirit of full disclosure, the blog you are reading is on the list.  We do not know Samantha, and were pleasantly surprised when she e-mailed us to tell us we were included.

Samantha has scoured the blogosphere to bring you 100 blogs that will fill in the gaps left by your formal business education.

The blogs on the list are animated by the spirit of the following bit of wisdom:  Training teaches the rules but experience teaches the exceptions.

Whether you traffic in the world of science, marketing, consulting or high tech product invention, you have probably learned that you crawl toward success through trial and error.

Getting a degree can’t hurt.  A degree gives you a map.  But having experience seep through your skin into your bones gives you a feel for the terrain.  And that is a very different capability. 

It is said that it takes ten years  to make a great lawyer; ten years to make a great surgeon; ten to make a great musician, etc., etc. I think Malcolm Gladwell recently underlined this old truth in Outliers, his book about great achievement.

Samantha’s blog is divided into categories, and I’m sure you will find it useful, with or without a map.

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Presentation Pointer: The art of speaking – it makes sense to pursue it

March 8th, 2010

If you tell me the rules of presenting are self-evident, that they’re so easy, there’s no need to study them, I’ll say, “They’re easy in theory, but hard in practice.”

Tell me persuasive speaking is unethical—mere manipulation, and I’ll say, “No.  It depends on your motives.  The art of persuasion can be used for good or for ill.”

Tell me that you won’t even try because you lack the presenter’s gene, and I’ll tell you that with deliberate practice most of us can improve.

And that can be decisive.

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Presentation Pointer: Second-guess everything

February 22nd, 2010

When preparing a talk, ask yourself if your audience wants to solve a problem or capitalize on an opportunity.  Maybe they want to do both.  Whatever the case, they’ll want to calculate the risks.

Solving the wrong problem wastes time and money and leaves the real problem unsolved.  And whenever we pursue an opportunity, there are unforeseen dangers.

To be persuasive as a speaker, diagnose the causes and consequences of a business problem and enumerate both the benefits and the risks of action in pursuit of gain.   Second-guess everything.  Nothing is a slam-dunk.

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Presentation Skills: Keep it simple

February 16th, 2010

If you don’t want to talk about it, don’t put it on the slide.

Knowledgeable people in the audience notice small details and ask penetrating questions. Less knowledgeable people lob random questions to probe for weaknesses in your argument and character.

If it complicates your point, and there’s no ethical reason why the audience should know it, leave it out.

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Presentation Pointer: Speak their thoughts before they do

February 9th, 2010

“Every word uttered evokes the idea of its opposite. “  –Goethe

In other words, when you assert your opinion, your listeners will reflexively search their own minds for a thought that could prove your idea flawed.  

To take the wind out of their sails, and to demonstrate that you have considered other perspectives, speak their thoughts for them, and explain why your idea is superior.

In this way, your talk takes the form of a dialogue between your proposal and reasonable objections to it.

You will be seen as credible and balanced, and your listeners will be more likely to agree.

Sims Wyeth is a speech coach in Montclair, NJ specializing in presentation skills and public speaking training in order to give accomplished people the knowledge and skill they need to become accomplished speakers. Learn more public speaking tips at www.SimsWyeth.com.
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Sales Presentations: Selling by Doing

February 3rd, 2010

Meghan called.  She was a high school senior, my daughter’s friend and highschool classmate.  She had a summer job selling for the CutCo Knife Company, and wanted to make a presentation to us in our home. 

I said, “Yes,” although my wife was uncomfortable that she might have to say, “No,” to Meghan.  So she arranged to be out of the house when Meghan arrived.

On the appointed evening, Meghan carried her hefty sales case through the front door and set up on the dining room table.   While she was unpacking her wares, she asked me if I would please get her a glass of water.  I did, and when I returned to the dining room and sat down, she asked me to get the knives we currently used and bring them in.

I went back to the kitchen and returned with the knives.  When she was all set up, she asked me, “How would you describe your current knives?”

“Old, dull and inadequate,” I said.

“Why do you say that?” she asked.  I described how hard it was to keep them sharp, how some of the blades were so old they were worn thin, and how some of the blades wobbled in their handles.

 She pulled a length of rope from her case, and asked me to cut it with my sharpest knife.

“My sharpest?  That’s not saying much,” I said, taking my grandfathers old carving knife that was probably a good 70 years old.  It had a hardwood handle.

Meghan held the rope down on a cutting board that she pulled from her bag.  “Count the movements back and forth,” she said. 

 I began to saw.  It took fourteen saws.

“Now hold it down for me,” she said.  She picked up one of her new knives from a wooden block.  I grabbed one of the lengths and held it down.  “You’re stronger than I am, but count the saws it takes me with this knife,” she said.

 It took her four.

“Let me try that,” I teased her, as if she had done something slick.  I took the knife from her while she held the rope down on the cutting board.  Expecting it to be difficult, I pressed hard with the new knife and sawed through the rope in two strokes.

 I was impressed.

Meghan asked me to bring my best pair of kitchen scissors to the table.  They were also old, and could not make a dent on the rope.  She got out her CutCo scissors, and not only cut through the rope with ease, she also cut a penny in half.

I was pretty much sold.  She gave me information about the steel and the handles.  She showed me the different sets I could buy.  My wife came home and I called her in to the dining room.  She sat down reluctantly, and I asked Meghan to do the rope trick.  She had my wife count the strokes, etc. etc. and I saw my wife change from skeptic to true believer in a matter of seconds.

“Do the scissor trick,” I said.  Meghan cut the rope and the penny.  I saw Sharon’s eyes wander over to the full set of kitchen knives displayed on the table in a butcher block case.

We ended up buying all the kitchen knives and a set of 12 steak knives.  They remain in their butcher block on the kitchen counter seven years later.
                                                         ______

Selling by telling is what most of us do.  But selling by doing is more powerful because it’s active and experiential.  You could say that conversation is also experiential (in that we experience it) but words are more likely to get caught in the filters of the mind and not reach the muscles.  

I know of one law firm that goes to major corporations who are shopping for a new legal advisor, and begins by saying, “We can do the March of a Thousand Slides, or we can have a discussion about your issues so you can get a feel for what it’s like to work with us.” 

More often than not, the clients look at each other and choose to have the discussion.   

An active audience is more likely to be moved than a passive.  Hitler knew this, unfortunately, and had his followers do their “Sieg heils,” throughout his speeches. 

Meghan was trained by a very successful company.  She got me to do things—bring water, bring knives.  She got me to say things, “Old, dull and inadequate.”  She had me cut rope, and compare the old with the new.  It was sensational—literally sensational—in that it gave me a sensation, like driving a new car after you’ve been driving your old one for 10 years.

Plus, she was Meghan, my daughter’s friend, and the daughter of my friend Merrill.  She was in a strong position to win my business. 

According to Robert Cialdini and others, there are at least 25 proven Principles of Persuasion.  Meghan may have invoked 7 in her brief visit to our dining room. 

What can we as business speakers, and as sales professionals, learn from this exchange?  Stay tuned for more. 

Sims Wyeth is a speech coach in Montclair, NJ specializing in presentation skills and public speaking training in order to give accomplished people the knowledge and skill they need to become accomplished speakers. Learn more public speaking tips at www.SimsWyeth.com.
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Effective Presenting: You are a visual aid.

February 2nd, 2010

You are a visual. Every move you make, every step you take…they’ll be watching you.

This is good news because once you know this, you can take control of the message you send by aligning your gestures, movements, and facial expressions with your words.

Who you are speaks more loudly than what you say. Actions speak louder than words. You are a visual message. Master your body language.

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Presentation Skills: Presenting to Senior Executives

January 27th, 2010

A report to a senior executive group is not a conversation, although it should sound conversational.  It is a communication designed to facilitate a prediction or a decision.

In order to sound conversational you need to be relaxed.  Ironically, relaxation comes from the tension of hard rehearsal.

Get to your recommendations as soon as possible. Don’t make them wait to find out why you are there.

Describe the benefits of your recommendations, preferably in quantitative terms—such as gross margin, time to ROI, or % of market share. Best case, base case, and worse case scenarios also add clarity and credibility.

Describe the costs, positioning them as reasonable compared to other similar projects that you can identify.

Include the downside if they decide not to follow your recommendation.  A favorable statistical confidence interval on your estimates of upside and downside will help.

As usual, occasionally get out of the abstract and into the concrete.  Illustrate the benefits of your recommendation with stories about other companies.  Likewise, dramatize the cost of not accepting your recommendations.

Senior executives tend to be big picture people.  Keep your remarks as short as possible.  They probably have to listen to a number of presentations at one sitting.  If you tell them everything they’ll remember nothing.

Don’t read bullet point slides. It’s the #1 thing people hate.  After all, why go to the trouble of a meeting if all the speaker does is read.  The senior people need to see you bring your idea to life, and demonstrate the character traits necessary to make it happen.

In terms of delivery, this is not the time to display your wild passion.  Just be extremely clear about what you want to do, why it’s a good idea, and how you plan to get it done.

Take away:  help them make a decision or a prediction.  In the fewest words possible.

Sims Wyeth is a speech coach in Montclair, NJ specializing in presentation skills and public speaking training in order to give accomplished people the knowledge and skill they need to become accomplished speakers. Learn more public speaking tips at www.SimsWyeth.com.
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Meditations on the perils of presenting at the JP Morgan Healthcare Conference

January 11th, 2010
The perils are listed in no particular order.

Needle in a haystack

The audience will be drinking data from a firehose.  The savvy presenter recognizes this peril as an opportunity.

To capture attention—do something that stands out from the environment.  The opposite of getting attention is camouflage. Being attention-getting is not a quality; it is a contrast.

Trying too hard

Lots of people will be trying to stand out, and they’ll make the mistake of telling jokes, displaying cartoons on the screen, or trying to connect with the audience by telling stories about themselves.

Don’t do it.  The audience is content driven, results oriented, and time pressed.  They have limited space in short term memory.  Eliminate all extraneous information.

Not setting the scene

In an effort to get to the point, many speakers will forget to remind the audience of the back story—the space in which their molecule competes, and what the unmet medical needs are.

Your drug is the hero of a story.  It is stepping onto a stage to overcome important obstacles and bring health to sick people.  Set the scene so your drug looks like it has an important job to do.

Offending the experts

Analysts and other savvy investors may curl their toes in agony if you spend too much time on the big picture.

Set the scene quickly, then summarize in a fair and balanced way the achievements of your compound before you walk them through the data.

Using the word, “Robust”

The term “robust” has become a meaningless buzzword, especially in a scientific context.  Be the first presenter to dispense with using it.

Instead, make a statement that is meaningful, such as, “The data are promising,” or, “The data suggest…”

Going down rabbit holes

If you leave information on your slides that you don’t plan to talk about, you are inviting savvy listeners to drag you down into the weeds, which will choke your message with irrelevancies.

Unless there is an ethical reason that the audience needs to know it, keep it off the slide if it does not support your argument.

Not making an argument

There are some presenters who believe their job is to deliver information.  This approach leaves too much room for the audience to draw their own conclusions.

A good scientific presenter should make an argument for the quality of the study, the validity of the data, and the implications of his conclusions.

Blowing Q&A

It’s easier to make a slick presentation than it is to handle a room full of skeptical and insightful questions.

Brainstorm with colleagues to come up with all possible lines of inquiry, and practice responding to the most penetrating and damaging assaults.

Lack of conviction

Finally, your delivery stands guard over the material.  Great data poorly delivered at a high stakes venue is a huge waste of resources.

Rehearse, and where you falter, alter.

Sims Wyeth is a speech coach in Montclair, NJ specializing in presentation skills and public speaking training in order to give accomplished people the knowledge and skill they need to become accomplished speakers. Learn more public speaking tips at www.SimsWyeth.com.
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Effective Presentations: What’s that curlicue thing at the top of your blog page, Sims?

January 10th, 2010

That’s the Golden Mean, or the Golden Ratio It’s the method by which the ancient Greeks would determine how to build something in order to make it beautiful.

I like it because it suggests there is science to beauty, and that proportion is important in all endeavors, including speaking.

For instance, what is the appropriate mix between data and interpretation? Between entertainment and substance? Between self-revelation and listener-centric content?

All these elements–and others– need to be balanced in a highly effective presentation.

In fact, in any important business conversation, we need guidance to balance the myriad views that need to be heard…and spoken.

And there’s another ratio for highly effective meetings: the Listening to Talking Ratio.

Somewhere in the fog of being there’s an optimal mix.

Sims Wyeth is a private speech coach in Montclair, NJ specializing in executive speech coaching and public speaking training in order to give accomplished people the knowledge and skill they need to become accomplished speakers. Learn more public speaking tips at www.SimsWyeth.com.

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