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The Latimer Group - The Beacon Newsletter by Dean M. Brenner
The Latimer Group - 350 Center Place, Suite 203 - Wallingford, CT 06492
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<> In This Issue
Expanding on the
GAP Method and understanding your professional audience.

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Season 2005
Volume III, Issue 3

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The Latimer Group is solely focused on helping executives and sales professionals develop world-class communication, public speaking and presentation skills.

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Our programs are customized and specifically designed to create authentic presentations delivered in the voice of the speaker.

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The literal and figurative centerpiece of the GAP Method is a thorough understanding of the audience.

 

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Applying the GAP Method

QUESTION: How do you make God laugh?
ANSWER: Make a plan.

    - US Poet Laureate Billy Collins

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In the
Spotlight

Dan Rather

At the risk of tickling the funny bone of the Almighty, I favor planning when it comes to business communications.

Several months ago I introduced to you a simple, powerful and flexible tool for persuasion called the GAP Method. In its most basic form, the GAP Method holds that to persuade an audience, we need to understand three things - the Goals, the Audience, and the Plan to persuade. Regardless of whether we are trying to persuade one person to purchase our product, or one thousand people to follow our organizational strategy, we need to understand all three aspects represented in the
GAP Method.

The literal and figurative centerpiece of the GAP Method is a thorough understanding of the audience. The more intimately we understand our audience’s needs and perceptions, the more likely we are to craft a successful message. In this issue of The Beacon, I would like to explore the notion of understanding the audience by looking at some specific applications.

For the purposes of examining general audience categories, let’s review some recent examples of clients of The Latimer Group. Doing so lends perspective on four professional situations - sales, leadership, raising investment capital, and non-profit fundraising.

Sales
Last year, a new client came to The Latimer Group with a classic problem. They were not a low-cost producer of their product, yet their customers were increasingly relying on price when making their buying decisions. The choice for this client was clear - reformulate the message and reeducate the customer, or spin into the business death spiral.

We asked some questions and learned several important things. Like all customers, theirs would only purchase a product that filled a need. And, like most customers, they would pay a higher price if they received greater value. However, we also learned that their customers did not perceive any additional value from my client’s product, even though they provided a number of additional services. We needed to communicate the additional benefits, and the value, in order to take the focus off price.

At a minimum, the communication challenge in sales is to cause the audience to view the product’s value in the appropriate way. Success requires the ability to influence the variables upon which the buyer makes their decisions. If we are not a low-cost producer, we need to make sure price does not drive the purchase decision. And only when we truly understand our audience can we make intelligent judgments that will lead to the creation of an appropriate message.

The company’s sales team is now out in the market place with a new message, with sales trending in the right direction.

Leadership
Earlier this year, I began working with the owner of a small company. The company had been in business for four years, and had weathered difficult times. Recently, the owner introduced a new strategy centered on a more focused, streamlined business model. He immediately sensed significant resistance from his employees, but did not understand why.

He showed me the speech he had given to his employees. It was a good speech on a strategic level, giving the five points of his new plan. But it was immediately apparent what caused resistance. His speech lacked any mention of the details.

In this situation, employee audiences are concerned with how the big picture translates and impacts their corner of the world. How will this affect our project? Our team? Our department? Will people lose their jobs? Will I lose mine?

When conveying a new direction or strategy, the communication challenge for the business leader consists of making the big picture “real” for the employees. In other words, the leader needs to make certain that the conceptual is made tangible. We wrote a second speech that filled in the blanks, calmed some fears, and aligned the team.

Raising Investment Capital
Two years ago, I spent significant time coaching an entrepreneur. He had led several successful ventures in the past, but his latest was stalled. They needed more capital to stay afloat until revenues improved. Unfortunately, the market for new investors was even slower than the market for new customers. The entrepreneur had been making the rounds looking for additional capital, with little interest.

I had him practice his presentation for me, and the problems were immediately clear. The presentation was filled with great examples of the benefits of the company’ signature product. But it contained few answers to the questions most investors care about. Quite simply, the investor always is concerned with three questions: What is my likely return? What is the time frame for seeing that return? And what is the exit strategy if things do not go according to plan? All other information needs to be given in the context of answering those three questions.

The communication challenge for the individual raising capital is to spend as little time as possible discussing product features, and as much time as possible quantifying the investment opportunity. In most cases, the things most important to the entrepreneur are the things least important to the investor.

We redesigned the presentation, answered these questions, and found plenty of renewed interest.

Non-Profit Fundraising
I help a number of aspiring Olympic sailors with their fundraising, some of whom competed in the 2004 Olympic Games and some of whom are training for 2008. Recently, one of the athletes shared a frustration with me. He was struggling to describe what the return would be for a donor or a corporate sponsor. This young sailor was focused on trying to deliver a financial, tangible and quantifiable return for his donors. (The entrepreneur in the previous example should take note.) I understood the frustration, but knew it was destined to continue, unless he changed his approach.

The donor in a non-profit environment cares about helping the cause, and wants an emotional connection. Am I funding a cure? A scholarship? A dream? They are also concerned with how the dollars they contribute will be spent. What percentage of my dollar is used to help the cause? What percentage is spent on overhead and other expenses?

The communication challenge for the non-profit fundraiser is clear. It consists of explaining exactly how the donated dollar will be used, and making an emotional connection between the donor and the non-profit.

I worked with this athlete to redesign his message to highlight the need that was being filled and how the contribution would help in reaching his goal. We quantified his training, personal sacrifice, and described his journey. We tried to let donors live the experience with him. The results were remarkable.

Understanding What The Audience Cares About
The salesman, the leader, the entrepreneur, and the fundraiser all have a common goal - to persuade their audience to be supportive. The sales audience cares about value. The employee audience cares about how decisions will affect them. The investor audience cares about their return. And the non-profit donor cares about the need they will fill and how the dollars will be spent. In all these situations, any chance for success begins with understanding the audience, and designing the right message. In all these situations, the GAP Method is a good starting point for creating the plan for persuasion.

I have written it before, and I’ll certainly write it again. Persuasion is not telling people what to think. It is shaping what they think about. The GAP Method is a valuable tool in our pursuit of persuasive communication and it remains a core tool for both The Latimer Group and our clients.

 

Dean M. Brenner
Dean M. Brenner
President
In the
Spotlight

Dan Rather

 

© 2005 The Latimer Group. All Rights Reserved.
Dean M. Brenner - The Latimer Group: 203.265.4344.
Feedback or comments: dmbrenner@thelatimergroup.com.
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