Effective Business Presentations

You are about to start your pitch–it may be for capital you need for your business, a joint venture with a large company or a new product being presented to an important client.

A good presentation starts with a joke, right?

WRONG!

While Pundits tell you that “ground breaking” is essential and a great way to break ground in a meeting is some light hearted wit–forget that advice! There are far better techniques to, as they say, “break the ice”. Here are a few:

  1. Ask about whether your guests need water or beverage–or better still make sure they have them.
  2. Ask about their roles in the company (i.e. if you do not already know).
  3. Other topics like sports, weather, latest announcement from the Federal Reserve and even Junior’s baseball game the night before are a better topic than a joke. Why? Because jokes can hit a sensitive nerve and may come off badly. It takes one person in the meeting to be uncomfortable with your joke to ruin the ambience and goodwill you want.

So what are some of the fundamentals that permeate through all good presentations?

1. Practice – No matter how good you are in your subject matter, you need to practice as a presenter, not as an expert–surprisingly just like many great music teachers do not make it as a performer, many experts make poor presenters. So practice your lines, your timing, your stance and your “Gaps”–more on Gaps later.

2. Pace – Pace should be lively and directionally forward, but not hasty.

3. No skipping – imagine saying to the audience–we are going to skip over next five slides–WRONG MOVE! Why have these in the presentation if you are not going to talk about it and worse, why have them when you don’t think they are important?

4. Leave time for questions and answers. Space them so there is no “barrage”.

5. Make the presentation human and real life. Long theories and expostulations belong in classroom not in business conferences.

6. A quick technique to liven up the pace. Pick someone to “respond” to your question if you are greeted with silence. You will be amazed how others sit up and take interest once the ball starts rolling on questions and answers.

7. Keep the discussion focused on the presentation and what the subject matter is. Diversions should be relevant to the topic at hand.

8. While opinions differ on content here is a good template for a presentation:

  • Opening page–who is making the presentation and to whom and a one liner on the subject matter
  • Executive summary
  • Brief recitation of topics to be covered
  • Index of presentation slides
  • Body of discussion
  • Sales pitch which includes competitive positioning, product superiority, “why us” pitch and stats

Good luck!

Negotiating Is Crucial For An Organization

Whether it involves hiring and negotiating staff, arranging an event, signing a contract, agreeing to terms, arranging a conference or convention, or negotiating with a hotel or other conference/ convention venue, organizations must follow a professionally designed, organized, well planned, in depth and detailed negotiating strategy. While most larger organizations have far larger and better trained and talented staffs, with generally designated staff members with specific negotiating skills, that is often not the case with smaller and medium sized organizations. Those organizations often end up being poorly represented by unqualified staff, or by a well meaning but untrained volunteer, also lacking expertise. These organizations often confuse experience with expertise, and merely because someone has done it before, they believe he is a negotiator. However, while experience merely means that someone has done something, expertise requires training, knowledge and specific training in an area.

Often, these smaller to medium sized organizations hire an outside company or consultant to negotiate or arrange something in their behalf. As someone who has spent more than three decades negotiating, arranging and coordinating all aspects of events, conferences and conventions, the disconcerting thing is that I have often observed organizations “hurt” by these outside contractors, because they are often not the correct contractor for their needs.

Organizations should carefully understanding what their needs and requirements are, as well as their objectives, prior to hiring an outside contractor. For example, one of the most common errors I have observed is organizations hiring a company that specializes in group hotel room bookings, to arrange the contract for their conference or convention. While these types of companies can be quite useful with small groups using under about fifty rooms per night for their meeting, groups using more than that, especially if for more than three nights, who are also doing events, banquets, etc., at the property, often can do far better by not using that kind of organization. An easy way to understand this is to understand it from the hotel’s perspective. Booking companies are paid a commission (generally 10%) on the room revenue generated, but not on other aspects. While it is usually true that the hotel will not offer a better room rate if booked directly, it will almost always match that rate when a sufficient number of rooms are being booked. However, since the hotel has to pay the commission to the booking company, it reduces the flexibility of the hotel in terms of other concessions, especially regarding Food and Beverage, complimentary meeting rooms, and many other important concessions. An organization should identify all its needs before negotiating with a hotel, and then use a competitive Request for Proposal (RFP) procedure to obtain as many concessions as possible.

The major point is that organizations should understand that the difference between optimum negotiations and adequate representation can represent a sizable amount of money, and when the negotiations are less than adequate, as I have so often observed, the savings is even more than substantial. Organizations need to emphasize negotiations as part of their overall leadership training program.

Secrets of Successful Presentations

Does the thought of speaking in front of others send you running in the opposite direction? Youâre not alone. Many people avoid public speaking at all costs â and there is a cost. Public speaking is one of the quickest, most efficient ways to market yourself, your message, business, or cause. Those who are willing to make presentations immediately stand out from the majority who are not. Whether itâs an audience of five people or 500, itâs worth it to invest in your skills.

After coaching hundreds of clients in presentation skills, Iâm convinced that anyone can improve and gain confidence by following a few simple techniques:

Know Your Audience. Most presentations fail because the speaker never took the time to find out anything about his audience. Knowing your audience means finding out as much information as possible in advance so that you can successfully match your message to their interests and needs. Helpful information includes: gender breakdown, average age, and their current or past experience with your topic. If itâs not possible to learn your audience in advance, then at the very least, arrive early and spend a few minutes meeting people. Or, begin your presentation by asking some general questions like, âWho has experience withâ¦?â This also helps to calms nerves as you are taking the focus off you, and putting it on your audience where it belongs.

Forget Memorizing. One of the biggest fears Iâve heard from my clients is that theyâll freeze up and forget what comes next. That can happen if you try to memorize your entire speech. All it takes is forgetting one word to trip you up. Instead, only memorize the opening and closing. Looking directly at your audience when you start and finish makes a strong, positive impression. For the middle section, itâs fine to glance at note cards with bullet points, or refer to your PowerPoint presentation to jog your memory. Do not, however, write out your whole speech word for word! Youâll be tempted to read it instead of connecting with your audience.

Open with a Bang. Itâs important to grab attention immediately. A good opening sparks interests, sets expectations, previews whatâs to come, and offers benefits. There are several ways to start: ask a question, tell a story, humor (careful with this one unless youâre naturally funny), quotes, dramatic statistics, or music/video. Give your audience a reason to listen, and build your credibility as the best person to be speaking on this topic.

Make it Memorable. Signposting is a way to help your audience follow and remember what youâre saying. Phrases that focus listening are: âThe point is this,â and âThe most important thing to remember is.â Another strategy is to number your points as in, âIâll be offering three ideas, the first one isâ¦â

In Closing. Audiences are most likely to remember the last thing they hear. A strong closing should be memorized and review your main points. Motivate the audience to do something â take an action, ask a question, have an emotional response, or think differently. Make it clear what it is youâre asking them to do (and if you donât know, re-think the purpose of your speech).

Calming Nervousness. Most nerves are caused when the speaker focuses on himself instead of the audience. A speaker might think to himself, âWhat if I say something stupid?â or âI hope I donât trip.â That kind of self-absorption puts up a wall between you and the audience. By shifting your focus to the audience, youâll forget about yourself and start connecting with them. Second, some nervousness is a good thing! Itâs an indication that you care what your audience thinks and can serve as a strong motivator to do well. The goal is not to eliminate nerves, but to use that energy in a positive way.