Presentation Skills Training Will Increase Your Income and Security

Should I go back to school? Get an MBA? Well, presentation skills training is often a much better investment of time, and people who invest in presentation coaching often increase their income significantly over a longer period of time and make themselves more valuable to their companies as well. Business leaders often comment on how important “communication skills” are to a person’s (or team’s) success, but in reality, what they are often looking for is someone who presents his/her ideas well to both other individuals and groups. In fact, as a person progresses up through the ranks of large companies, future personal growth often begins to depend less on their ability to do the day-to-day operations of the company and more on their ability to motive and direct others. For instance, Donald Thompson, the CEO of McDonald’s, is probably not the absolute best person in the company at making Big Macs. It is the same in every company. The higher a person moves within the organization, the more important his/her communication skills and presentation skills become. The most important role of most of these high-level people is to persuade and to motivate others.

When People Say “Communication Skills,” They Really Mean Presentation Skills

Think of the last time that you said (or heard someone say) “That person really needs better communication skills” or “That person really has great communication skills.” Chances are, the person was speaking to a group and trying to persuade the group. In reality, when we talk about communication, we really mean presentation skills or a person’s ability to persuade others. For example, years ago, just before the oil bust in the early 90′s, I worked for a big oil company that had over 300 people who worked on contracts, including me. I was new to the company and, in a staff meeting, our team was trying to solve a paperwork problem that we were continuing to have as we transferred leases to other companies. Because I had been one of the people on the front line dealing with this issue, I came up with a great solution. However, I was also brand new to the organization, so instead of telling the group my idea, I remained quiet. The woman to my left at the table, Mary, didn’t hesitate. She presented a similar idea to the group, the team agreed that the idea might work. I kicked myself for weeks, because I had the opportunity to speak up, but I missed it. Mary had the opportunity to speak up, and she became the hero. Incidentally, years later, after I had moved on to another career, I went back to this company to visit with old friends after I heard there had been a big layoff of personnel. Of the 300 people who were originally there, 270 had lost their jobs, 25 had been moved over to contractor status, and five were still employed in leadership positions over the contractors. One of those remaining five was Mary.

Great Presentation Skills Leads to More Income

The ability to speak in public is one of the absolute highest paid skills in the business world, because the person who speaks well in front of a group is often perceived as being the expert. When I first started my business, I attended a seminar at one of the local colleges for entrepreneurs, and the instructor had a guest speaker who owned a direct marketing company come in and show us some of the marketing campaigns that she had developed for her clients. A few months later, when I was organizing a direct mail campaign, and of course, I called this guest speaker, because, I assumed that if the teacher of the entrepreneur class believed in her, I could as well. I worked with her for a couple of years before I realized that her company was basically she and her husband working out of their garage. Because she was the guest speaker, I and the other class members saw her as the expert, and we all assumed that she owned a big, multi-gazzillion dollar company. (Just as an FYI, I still use her company.) Salespeople who communicate well sell more. Business owners who communicate well have more customers. Managers who communicate well have more efficient teams. Executives who communicate well command higher salaries. So when a person communicates well, a higher income often results.

When All Other Things Are Equal, Communication Skills Can Put One Person Over the Top

When all other things are equal between two people who are competing for a position within a company, the one who has a higher level of communications skills (presentation skills) will often be selected. For instance, if you are the boss, and you have two employees with the same certifications, who have been working for the company for about the same amount of time, and who each put out a similar effort doing their jobs, but one just gave a knockout presentation to the staff, then that person who gave the presentation will likely get the promotion. In fact, though, because communication skills are so important as a person progresses to the top of an organization, the person who gives the great presentation will often get the promotion even if he/she isn’t quite as good at the day-to-day operations of the department (see the first paragraph above).

So, are you looking for a way to become more valuable to your company? Additional education and certifications can always give you a boost, but improving your presentation skills will often give you a much bigger bang for your buck

Deadlocks Are A Small Negotiator’s Best Friend

When you enter into a negotiation, often times things don’t seem fair. Specifically, sometimes you view yourself as being “the little guy”. When this happens, it’s often easy to believe that you don’t stand a chance – no matter what negotiation styles or negotiating techniques you use the other side is going to get what they want and that’s all there is to it. However, it turns out that you have a secret weapon that you can use – the deadlock.

Why Just Starting A Negotiation Works In Your Favor

When you find yourself in a negotiation going up against an opponent who is either much larger than you or, in your opinion, in a much stronger negotiating position than you are, it can be all too easy to just feel like giving up. It is very easy to convince yourself that the other side of the table has all of the advantages in a negotiation.

The key point for you to realize is that more often than not, they don’t. What you need to do is to take a step back and give the situation some thought. In order for the other side to even be at the table negotiating with you, a great number of things must have already occurred.

At a large company, in order to get permission to negotiate with you the other side of the table had to get a number of different levels of approval. That means that a lot of time and effort on their side has already gone into the negotiation before they even sit down to start talking with you.

This works to your advantage. The effort that the other side has gone to be allowed to participate in the negotiations meaning that they already have momentum. Once a big company starts to travel in a given direction, it can be almost impossible to get them to either stop or even change direction. All of this can work in your favor.

Why The Big Guys Fear A Deadlock

Once a negotiation with a big company has started, the one thing that the other side of the table does not want to happen is for a deadlock to occur. This is something that they are going to want to avoid at almost any cost.

The reason that a deadlock is something that a big company wants to avoid is because of what the other side of the table would have to do if a deadlock occurred. If a deadlock occurs, then the deal that the company’s senior management had given their approval for the other side of the table to enter into will have stalled.

This means that the people who work for the big company will have to once again reassemble all of the people who were involved in initially approving the negotiations and ask for their guidance as to what the next steps should be. People are now being prevented from doing other work and the deal is not moving forward.

Once you understand that this is the situation that the other side of the table is facing, you can use it to your advantage. Once you know that they will do almost anything to prevent the negotiations from grinding to a halt in deadlock, you can allow the negotiations to get close to deadlock and then ask for more concessions in order to keep things moving. In your next negotiation, give it a try and you just might be surprised at how much you can get from the other side!

What All Of This Means For You

Both sides are not equal in most negotiations. All too often we can find ourselves in a principled negotiation where the other side seems to be the bigger side and we’re “the little guy”. The good news is that we have a secret weapon that we can use when this happens.

A deadlock is a big deal in most negotiations and when you are negotiating with a larger more powerful party, it can be an even bigger deal. A deadlock is an inconvenience for you, but it can be a disaster for the other side of the table. You need to use the threat of a deadlock to motivate the other side to provide you with the concessions that you can’t get any other way.

Sometimes it pays to be the smaller, weaker party in a negotiation. Since you don’t fear reaching a deadlock as much as the other side does, you have more negotiating tools that can be used. Use this knowledge to turn the tables the next time that you find yourself in a negotiation with a “big guy”!

The Fine Art of Product Presentation Design and Delivery

The first impression is the one carried throughout commercial life of a product or service. It is very essential to generate the right ripples in the business-specific market to earn market-value and longevity in rack-life. The first impression created by the product is always a lasting one. People decide whether or not to buy a product based on first impression. Therefore product presentation, design, and delivery are very important. It is necessary to prepare well in advance, in order to make that important first impression memorable. The effort also enables an entrepreneur to generate a brand image out of pure intent.

The objective of the presentation depends on the market segment to which the product is being targeted. Analysis of the target market and subsequent segmentation helps to identify potential customers. Professional designers combine skills in art, science and technology to create market specific product designs. The appeal of the product or service is no more confined to local markets. Today the advent of the internet exposes products to an international rostrum. It is for this scope that the presentation needs to be appropriate and designed in a way that strikes a cord with potential clients across geographical boundaries.

Product delivery refers to making the product available at the right time and right place to minimize costs and maximize customer satisfaction. The positive effects of a well-designed presentation and design can be negated by poor product delivery. Prompt delivery is important to maintaining a customer base. After all the longevity and rack life that a product enjoys relates very much to the demand by potential users. Therefore one can conclude the importance of product presentation design and delivery in the success of a product in the market. Creating a brand image and ensuring the balance between qualitative and quantitative elements of presentation helps a lot.