Nobody's Going to Do It for You

Partnering for Profits: Personal Responsibility

Just recently I was chatting with a friend that is a partner at a professional services company. His firm has been hit particularly hard in this economy because of the firm’s dependence on the construction industry. He was telling me that his firm is in the “survival” mode. After a few questions, I told him that I disagreed, and that his firm was really in the “vacation” mode.

The reason for my assessment is because the partners merely cut the hours they would work in an effort to save money by reducing their income. And, they have had to lay off a number of employees. While there is much to discuss in this company’s situation, for you the leader of your organization, there is an important issue to consider.

When times are tough, does the leader of an organization throw up his or her hands and say there is no business, and just go on vacation? Hell no! The leader(s), especially in small to mid-sized companies must lead by example. Leaders must accept personal responsibility for letting their company fall into the tail spin by working more hours and perhaps for a period of time, receiving less (Fortune 500 CEOs seem to be exempted).

For any organizational leader, simply working less hours for less pay is criminal in my opinion. More on this next week…

You can read more about my perspective on the fine points of alliance development at:

http://www.Rigsbee.com/morearticles.htm (Permission to reprint my articles is also there.)

Executive Presentation Skills: Charisma

I recently asked some of my professional speaker buddies to give me their take on charisma and I think you’ll enjoy with what Jim Cathcart, CSP, CPAE had to say:

“There are three elements in every aspect of speaking success: Mindset, Skills and Systems. Charisma starts with Mindset. You must cultivate a respect for and admiration of your audience. Without this your speech will simply be a delivery of information. With it your emotions will reinforce your message positively.

The skills of charisma have to do with understanding and adapting to differences in groups and individuals. You've got to know your audience: the organization, the situation, the culture, and the individuals as much as practical.

Your systems need to include the efficient gathering of data about the group, your assignment and their goals. Have a great preprogram questionnaire to help you learn what you need to learn. Also, your personal system or habit pattern in preparation for each speech has a great deal to do with charisma. Be sure you get yourself into the attitude and mood to be the best you can be for them.”

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

A Word About Global Strategic Alliances

Partnering for Profits: New State of Alliance Study

The Association for Strategic Alliance Professionals just released its third “State of Alliance Management Study” and there are some interesting changes since the 2007 study was published. Co-marketing alliances down just a bit and research alliances are up a bit. In the 2007 study, American alliance success rate was around 50%, now the success rate is at 57%. Fifty-one percent of the companies now employ a full time alliance professional. Europe is investing a bit more in alliance management that is being done in the USA. Alliance success is a couple points higher in the USA over Europe. Unfortunately, international alliance success rate is only 49% but better then innovation alliance success rates, which are at about 40%.

You can read more about my perspective on the fine points of alliance development at:

http://www.Rigsbee.com/morearticles.htm (Permission to reprint my articles is also there.)

Executive Presentation Skills: Be Heard

The question of style verses substance is one that will always be around. If style is all you have, then you’d better be a humorist or Toastmaster competitor. If substance is all you have then your information had better be so important to the well being, or success, of the people attending your talk.

But, if you have both style and substance, you will always be heard. You will always communicate your message. And most likely, you will always sell your message.

An analogy to keep in your mind is of a beautiful red ruby (substance) presented in a well lighted and displayed environment (the style). Take that fabulous ruby and throw it into a bowl of cooked spinach; not too exciting. The ruby will possibly be overlooked. The same goes for your speech; display your ruby in such a way that it will not be missed—and you will be heard.

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

Trade Association & Professional Society Executives:

The Los Angeles Bar Association recently took a very innovative approach in an effort to retain older members. With the dues renewal, the older members are offered an “opt-out” option of joining the newly formed group for older members. Interestingly enough, few opted out—they accepted the offer. What do they get? Specific programming and events geared to what is humorously called the dinosaur group. Way to go LABA, you are an innovative leader in Member retention.

Association Executives may access association growth articles and member recruitment campaign information at http://www.GrowingYourAssociation.com

Effective Strategic Alliances from the Pros

Partnering for Profits: Compare to Top Alliance Professionals

A recent study done by the American Management Association and Pearson in collaboration with the Society of Human Resource Management (SHRM) and the Association of Strategic Alliance Professionals (ASAP) titled, “Today’s Alliance Professional...Tomorrow’s Strategic Leader” offers some very insightful information.

In examining strategic alliance professionals who identified themselves as “top experts in the field” the researchers wanted to see how those alliance professionals differed from ones who identified themselves as novices and moderately proficient. The “top experts” differed from their peers in several ways. The key findings were:

* “Top experts” are even more independent and sociable than most strategic alliance professionals.

* They are also higher in critical thinking and in leadership orientation.

* Finally, they possess a higher level of concern for others, which means that they have a strong empathic connection with people. When we look at the overall profile of top strategic alliance experts; areas where they differ from their peers as well as areas of similarity; a pattern emerges:

* Top experts appear to be very dynamic individuals who care about and connect with people; they positively influence and motivate others.

* They are constantly reaching out and networking with people.

* They are also very strategic and likely to find and create opportunities to use their critical thinking skills and independent and innovative style.

* On the other hand, they are likely to feel bogged down if required to devote energy to a lot of strict procedural demands and attention to details. They would suffer if forced to work within a bureaucratic environment.

You can read more about my perspective on the fine points of alliance development at:

http://www.Rigsbee.com/morearticles.htm (Permission to reprint my articles is also there.)

Executive Presentation Skills: From Ed’s Bookshelf

This week I’d like to share with you the 12 rules for speaking success from James Anderson’s book (published 1989) titled, “Speaking to Groups, Eyeball to Eyeball.” Good ideas, all of them. One caution…have a script, but do not read your script.

1. Find your action objective.

2. Know your audience.

3. Build from the closing.

4. Hook your audience instantly.

5. Create a script.

6. Keep a sharp focus.

7. Use good delivery.

8. Add impact with visuals.

9. Sell them with persuasion.

10. Keep a positive attitude.

11. Be totally prepared.

12. Follow up your success.

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

Trade Association & Professional Society Executives: Get the Membership Two-fer

How good is your membership recruitment brochure? This is a great time to take a look. In order to combine a member recruitment campaign along with a member retention campaign, you need to have a four-color pocket sized tri-fold brochure, you know, one that neatly fits in a #10 envelope. And the brochure had better address the benefits, rather than the features of membership. Features are what you get when you join, and the benefits are how those features make your life better—by helping you to get more customers, make more money, keep the best employees, and benefits like that.

The way you get a two-fer is to motivate your current members to call on prospective members. Have a class at your next conference going over all the benefits your association delivers—your members will need to attend to get “up to speed” on the benefits so they can talk about those benefits. And, what are you doing? You are reinforcing in the minds’ of your current members that they made a good decision in joining themselves…go for the two-fer!

If you need help with this, give me a call at 800-839-1520, I mean it.

Association Executives may access association growth articles and member recruitment campaign information at http://www.GrowingYourAssociation.com

Improving Supplier Relationships

Partnering for Profits: Supplier Relationships

Yes, this is a great time to squeeze your suppliers for an extra nickel. The economy sucks, everyone is scrambling, and you want to get more than your fair share—it’s just looking out for my company you might say.

Don’t do it!!!

You might not think so now, but your suppliers really are the lifeblood of your company. Without your suppliers, you’d have nothing to sell or service to offer. Sure it is natural to want to take advantage of a situation. But hear me loud and clear—stick it to your suppliers now, and when things get better, they’ll remember.

By partnering with your suppliers in both good times and bad, you will be making superior “Relationship Bank Deposits” in anticipation of future withdrawals. If you have not yet done it; have meetings with your key suppliers and ask for their recommendations for process and supply chain improvement, especially in this lousy economic time. I’m pretty sure they will have a few recommendations that you have not yet implemented.

You can read more about my perspective on the fine points of alliance development at:

http://www.Rigsbee.com/morearticles.htm (Permission to reprint my articles is also there.)

Executive Presentation Skills: Avoid Competing With Yourself

You have most likely seen it; the speaker has a nervous habit, or several. And these habits are completely distracting. In fact, you have a hard time concentrating on what the speaker is saying. Some things to consider that will help you avoid competing with yourself the next time you give a presentation:

Playing with your eyeglasses

Playing with change in your pocket

Continual nervously sipping water

Over using “you know” and “uhhh”

Reading your speech

Dis symmetry in clothing; one coat pocket in and one out, wearing your name badge, or over sized broach

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

Trade Association & Professional Society Executives: Partner with Your Speakers

I was just reading in the April issue of “Smart Meetings” yet another article on frugal meeting tips and found myself wondering why the author would suggest creating an adversary relationship with speakers. While the author did not say it in so many words, however the author’s recommendations said it loud and clear—limit the number of hotel nights and only give conference registration for one day. Over the last several months, I have been interviewing people that book speakers for my column in “Speaker Magazine” and a frequent criticism is that the speaker runs off after their speech.

You cannot have it both ways. If you want your attendees to have access to your speaker for more than a few minutes—you’ve got to make it work for your speaker. Providing an extra night at your conference hotel is a minimal investment compared to the value your attendees will receive. And registration for only one day—how miserly can you me? It basically costs the association nothing to give a full registration.

In your effort to cut costs, be careful not to cut off your nose to spite your face. If you really are under the budget microscope, then hire only one speaker for your entire conference—that will be the most cost effective approach possible. Your attendees will have more access to the speaker, and besides, you do want your speaker to be your partner in making your meeting successful, don’t you?

Association Executives may access association growth articles and member recruitment campaign information at http://www.GrowingYourAssociation.com

Increased Employee Productivity

Partnering for Profits: Relate Honestly to Employees

How do you, the executive, relate to employees in this tough economic time? First, employees are scared; even if they feel their job is somewhat safe, perhaps a spouse or close family member has recently experienced a lay off? We are all being assaulted several times a day with rotten news about the economy. What are you doing to help your employees overcome this continued negative influence? Perhaps more frequent and more honest information sharing would serve everyone?

Second, your integrity will be their motivator. Your employees want to believe that everything will work out all right. They want to believe in you, and your leadership team. Your integrity in keeping your words and actions consistent will play a huge role in keeping your employees motivated—especially now with cutbacks in pay, benefits, hours, etc. Paint an honest picture, your employees will thank you for it.

You can read more about my perspective on the fine points of alliance development at

http://www.Rigsbee.com/morearticles.htm (Permission to reprint my articles is also there.)

Executive Presentation Skills: Use Mind Pictures

One of the stories that I frequently tell from the platform is about the importance of having the needed skills before one tries to implement. It is a story about when I learned to ski. My goal is to create a picture in the minds of my audience members before I start to use my body as the visual. I start the story with, “I wish you could have been there; it was a sunny fall day in Yosemite National Park at the Badger Pass Ski area…” This conjures something in everyone’s mind. Make your presentations more powerful by frequently painting mind pictures for those in your audience.

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

Trade Association & Professional Society Executives: Exchange Older Members for New?

(First, I’d like to connect back to last week’s cost cutting. If you need a speaker to perform several activities at your next convention, for a single price, please give me a call at 800-839-1520. Have I got a deal for you!)

Why are senior association members not renewing their membership? ASAE did a study in 1999 and found that 76% did not renew memberships because of value issues. Perhaps the question behind the question might be: Is it smart for your association to let go of their older members in exchange for younger ones? Does a continual membership turnstile really serve the association and its membership?

And another question might be: What would be the cost/benefit ratio analysis to adjust programs, benefits, and membership types to keep the older speakers? (Do they have enough relevant knowledge/skills to benefit the newer members?)

The above questions have never been more relevant. Yes, you want new blood in your association. And yes, you want to honor and value the experience, knowledge and wisdom of the more senior members. While many associations have created groups for younger members, most have not done so for the older members. Creating a special group for your older members will both deliver more specific value to the senior members and possibly add a small additional revenue stream into your coffers.

Association Executives may access association growth articles and member recruitment campaign information at http://www.GrowingYourAssociation.com

Hammer Out an Airtight Deal Structure

Partnering for Profits: New Book to Consider

Strategic Alliances: Three Ways to Make Them Work by Steve Steinhilber

From Harvard Business Publishing, publication Date: Nov 3, 2008

Link for purchase: http://harvardbusinessonline.hbsp.harvard.edu/b01/en/common/item_detail.jhtml;jsessionid=QXC04XAEHDHR0AKRGWDSELQBKE0YIISW?id=2588&referral=2342

Excerpted: “At Cisco, I manage a portfolio of alliances that crosses multiple industry sectors, technologies, and geographies, with a cumulative value of more than $4.5 billion annually in business impact to Cisco and much more than that to our alliance partners. Strategic alliances are woven into the very fabric of our company and the way we see ourselves in the world—from Chairman and CEO John Chambers on down.

You’ll see a similar picture at other alliance-savvy companies, like IBM, Eli Lilly, and Procter & Gamble—partnerships are a central part of their core strategy. If alliances are not viewed as an integral part of your strategy, then you’re working with both hands tied behind your back. You might have a few short term successes, but long term, make no mistake: you will probably fail.

Let’s assume that you have a strategy in which alliances do make sense for your company at one or more levels of your value chain. If that’s the case, you need to construct and manage each alliance as a business. Your job is to bring the right framework, the right organization, and the right relationships together and to move the project forward. Your approach needs to look at the big picture rather than short-term payoffs. “Winning” and beating the other company in negotiations may doom the relationship from the beginning. One of the biggest mistakes you can make is thinking that alliances are all about hammering out an airtight deal structure, negotiating hard, and planning for every eventuality. We had one partner whose CEO said he measured a partnership’s success “in the number of POs [purchase orders] that get written”—in other words, how much business his company generated from us. That company is no longer a partner.”

You can read more about my perspective on the fine points of alliance development at http://www.Rigsbee.com/morearticles.htm (Permission to reprint my articles is also there.)

Executive Presentation Skills: Audience Engagement

For several months now, I have been on the editorial committee for Speaker Magazine. My job has been to author a monthly column where I interview people that book professional speakers. A point that frequently is made by these people is that they want a speaker that will ENGAGE their meeting attendees.

Earlier this month, I attended a meeting planner site familiarization trip in Breckenridge, Colorado. After the second day of skiing, rather than to join the “hot tub” group I joined the “bar” group. The entertainers, Swing Crew, a two-piece local group did an amazing job of ENGAGING their audience by bring some folks on stage and enrolling some at their tables. For this group, tips were high following their set. And the important lesson was about engaging an audience through participation. I do not think I have ever seen bar entertainers do such a masterful job of including their audience.

In an hour talk, might you be able to have two or three audience interactions? Not just asking everyone to hold up their hand or to repeat after you, but real interactions? Give it a try.

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

Trade Association & Professional Society Executives: Fall Meeting Cost Busters

For executives at small to mid-sized associations, two important cost saving ideas for your fall meetings:

1. If you still have not signed a contract, look at higher end hotels for your meeting. Yes, you heard me right. As the corporations are scrambling to change the “location/venue perception” of their coming meetings (moving to Marriott & Hilton), the higher end properties have been hit the hardest. As such, they currently seem the most willing to negotiate.

2. For your speakers, you might be inclined to find someone local or a college professor? This might not be the best financial/benefit ratio strategy? They just might not be that good. A better strategy might be to engage a more experienced “content expert” speaker that offers a wide range of services; keynote, workshops, industry discussion facilitation, emcee, on-site consultation with members, etc. One fee, one hotel room, and one travel expense might prove to be more cost effective than a host of “f-r-e-e” industry speakers covering their travel and lodging? With only one paid speaker from the outside, you still get the prestige of bringing in an expert but at a better cost/benefit ratio. Many experienced speakers will fit this description and offer a single-price package.

Association Executives may access association growth articles and member recruitment campaign information at http://www.GrowingYourAssociation.com

Alliance Best Practices

Partnering for Profits: Takeaways, Best Practices & Implications

At the recent Silicon Valley Chief Alliance Officer Roundtable hosted by Cisco at their facility in San Jose, CA on January 14, 2009; they discussed alliance takeaways, best practices & implications. There were seven key highlights of these trends and best practices.

(#4 of 7) Portfolio Evaluation Criteria Adapts as New Partner Models Emerge:

• Develop a working partner portfolio model that reflects long-term priorities, but incorporates risk management for near-term objectives.

• “One Size Fits All” partner criteria don’t work well.

• When re-evaluating partnerships, ask the tough questions and be honest.

• Innovate and invest in the partner model with your key partners during the downturn.

I believe that the important value to be received here is that of recognizing that alliance relationships might have to change in this current economic environment. You need to examine both your short-term and long-term alliance strategy. Be care though of putting too much focus in short term revenue generating alliances “to help you through” at the cost of keeping long-term alliances strong that will yield you greater profits when the economic recovery arrives.

You can read more about the fine points in my several alliance articles at http://www.Rigsbee.com/morearticles.htm (Permission to reprint is also there.)

Executive Presentation Skills: How Powerful Is Your Close?

The members of your audience most likely will remember your opening if it is powerful and the same for your close. Ross Shafer shared his formula at the annual convention of the National Speakers Association: Open with “B” material, do your “C” material, then close with your “A” stuff. Not a bad formula, would you agree?

And, what about that close—consider the following:

1. Stop talking long before your audience is done listening.

2. Go out with a huge bang; story, video, or disappearing act.

3. Give your audience some action to take immediately, or upon returning to home or office.

4. Give the attendees something insightful, emotionally penetrating, or inspirational to remember.

Executive Public Speakers, Professional Speakers, and Emerging Professional Speakers; please visit http://www.SucceedInSpeaking.com for additional ideas, assistance, and resources.

Trade Association & Professional Society Executives: Keep Your Exhibitors

On the cover of the March issue of M&C Magazine is Galen Poss, president of Hanley Wood Exhibitions. There is a very timely story about how he and others are dealing with large conference exhibitors that are pulling out of this year’s expos. Also, read about how Robin Preston at National School Boards Association kept a technology supplier engaged when they had planned on pulling out of this year’s meetings. By the way as an FYI, M&C will soon be offering web-only content, so it might be a good idea to bookmark their Web Site and visit frequently: http://www.mcmag.com/

My Question: are your exhibitors simply using the tight economy as an excuse to pull out when the real issue is most likely little perceived value in exhibiting? If so, how are you re-engineering your meetings to offer more value to suppliers, exhibitors, and sponsors?

Association Executives may access association growth articles and member recruitment campaign information at http://www.GrowingYourAssociation.com