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The Growing Value of Changing Minds

value of changing minds

I have a guest blogger named Carmine Gallo, a guy who has written some great books about communication in the digital age.  In this article he talks about the importance of people who can persuade.

In a world built on ideas, the persuaders— the ones who can win hearts and change minds—have a competitive edge. While researching my book, I spoke to economists and historians like Deirdre McCloskey at the University of Illinois. She conducted an impressive research project to prove that old-fashioned rhetoric—persuasion—is responsible for a growing share of America’s national income.

McCloskey analyzed 250 occupations covering 140 million people in the U.S. In some cases, persuasion played a more limited role than others (think firefighters versus public relations specialists). McCloskey reached the following conclusion: Persuasion is responsible for generating one quarter of America’s total national income. She expects it to rise to 40% over the next twenty years.

To understand why persuasion is no longer a soft skill, we need a short history lesson. In 1840, nearly 70 percent of the U.S. labor force worked on farms; today less than 2 percent of Americans work in agriculture. Manufacturing’s share of the labor force has dropped from 40 percent in 1950 to under 20 percent today. Income from manufacturing continues to fall as robots replace workers and artificial intelligence takes over repetitive tasks once handled by humans. The main task of the jobs that are left—and the new ones created—is to change minds. As McCloskey explains, “Nothing happens voluntarily in an economy, or a society, unless someone changes her mind. Behavior can be changed by compulsion, but minds cannot.”

By calling public speaking a ‘soft skill,’ it diminishes the skill’s value in a world that cherishes the ‘hard sciences.’ Public-speaking isn’t soft. It’s the equivalent of cold, hard cash.

And if I can put my two cents in: “Persuasion is a hard corporate asset masquerading as a soft skill.”

Call us, Sims Wyeth and Co., for a free consultation on your power to persuade.