October 2014 - Vol 9, Issue 10
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Pumpkin Spice Video Projectors and Other Things
Fall is in the air, which just means another six weeks of pumpkin spice whatever. We are having a cool snap in Dallas, but it will be in the 80's later this week - as per usual. Meanwhile over the coming weeks I will be visiting cities with more seasons than North Texas such as Philly, Columbus, Des Moines, Chicago, Minneapolis, and Seattle. Plus there is the annual trek to LDI www.ldishow.org in Las Vegas, where I will be moderating a panel discussion on Project Management (see below).  I hope to see you during my travels, but if you are feeling left out, contact me about visiting your office.

Nominate Your Favorite Supplier
You work with at least one supplier that consistently goes above and beyond for you, has bailed you out of more then one dicey moment, or is simply excels at their craft? While I am sure your loyalty and purchase orders are recognition enough for these good folks, maybe they deserve a public accolade and thanks. Send me a short message using the email link at the end of this paragraph and nominate a deserving supplier for some public recognition. I will select the best testimonial and a few runners' up to feature in next month's AV Matters.  The winners will also get a nice gift certificate from me in time for the Holidays. C'mon, do it now, it will only take a minute! 

InfoComm continues to excel at Executive Education opportunities. In its second year, the AV Executive Conference, or AVEC as it is affectionately known,  drew a diverse crowd from across the industry. This was probably the most intellectually challenging educational business conference I have ever attended. I learned a lot. So much so that it has taken me two days to just sort out my initial reactions [...]read on...

  

You Asked for Sales Training  

Stimson Group is hosting a six-part Sales and Marketing webinar series starting THIS WEEK on Friday, October 17 at 2:00 pm Eastern.   


We will jump-start the sales growth process with a session on prospecting mechanics and techniques. The second installment will focus on Marketing from your customer's POV. The third part is all about RFP's and how to make the most of good opportunities while bypassing the time-wasters. The next three sessions cover Negotiating, The Complex Sale, and Sales Management. You can sign up for every one of these now from the AV-Matters webinar page.


Thanks for Reading!

Tom

214-553-7077 direct

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WEBINAR SERIES: SALES & MARKETING
100 Days of Effective Prospecting
Why are you calling on strangers?

   

Join us for a Webinar on Friday October 17, 2014 at 2:00 PM EDT/1:00 PM CDT

 

What You Will Learn:

* How to conduct an effective prospecting campaign by mining your existing contacts 

* What to do with that new Account Manager

* Why you never want to send the new salesperson out to "Sell" for you

* How to get prospects to finally engage with you 

 

Register now!    

 

After registering, you will receive a confirmation email containing information about joining the webinar.

Only REGISTRANTS will receive access to the live session, the video archive, the handout, and the White Paper on this topic.

 

Learn More about this and other upcoming webinars here. 

 

PLASA Events at LDI

PLASABusiness Education Session at LDI

"Turning Chaos Into Order: Five Approaches to Project Management" will take place from 12:00pm-2:00pm, Thursday November 20 and will explore how project management fits into your career, development and management. Moderated by Tom Stimson of Stimson Group, LLC., panelists will include Philip Barrett of Level 2 Design, Mark Fink of Barbizon, Tim Hansen of Oasis Stage Werks, Jules Lauve of Theatre Projects Consultants and Evan Williams of Riverview Systems. The panelists will discuss the definitions of project management and how each has made a career out of turning chaos into order. If you aspire to follow their path or simply want to elevate your company's approach to this skill set, you won't want to miss this session. Registration is $50 for PLASA Members, $80 for non-PLASA Members. Registration is available online at http://www.plasa.org, where members and non-members will need to login to their account, then click on Register for Events. Please note: Panelists are subject to change without advanced notice.

 

bestpracticesBest Practices Blog


 

Specify the correct projector, place it in the optimal position, use the right screen surface, then control all the light variables - and you might get the perfect picture. However, in all the RFP's I have ever seen, no one specifically asked for the perfect picture.

 

As a former AV technician I understand how important it is to the project to "do things right." For field folks like myself, this is mostly hindsight. We are handed a project that has already been compromised somewhere along the way. It's easy to point out the flaws as the job is being built and delivered. It gives us something to whine about as we toil and an excuse to point to when things go wrong. Then some manager decides that we seem to know everything (because we told them so many times!) and he or she turns the competent technician into a marginal salesperson, system designer, or technical specifier.

 

Best Practices Sponsor

At last! A chance to build a better mousetrap: a foolproof system that provides for all the possible needs of the customer. We "what if..." the project into submission and proudly stand behind our design and say, "We have thought of everything!"

 

...except what the customer wanted in the first place.

 

"Ironically, when the complexity that we add to our products and services exceeds the needs of our customers, they respond by ignoring the features they do not need and by treating our offerings as if they were commodities." - Jeff Thull, Mastering the Complex Sale

 

What happens next is that we present the perfectly engineered solution to the budgeting machine and discover that it far exceeds the customer's expectations on price. Depending on the seller, one of two things tend to happen: Either the price is lowered without changing the design or, someone tells the customer why they are wrong for rejecting the solution. In other words, the product is commoditized or the project is lost.

 

"We don't want to do something that won't work, right?" is the plea of proponents for only "doing things right." Over-engineering isn't a uniquely "live audience" thing. Anyone that designs systems that will be used for presentation - whether it is a boardroom or a ballroom - has at one time or another added contingency capability that exceeded the customer's needs. Have you ever walked into a conference room that the owner doesn't know how to use? Yep, designed by an Expert... 

 

"The basis of product choice often evolves from functionality to reliability, then to convenience, and, ultimately, to price." - Clayton Christensen, The Innovator's Dilemma

 

If the product is not functional in customer terms, then it is not likely to be reliable or convenient for them either. The buyer will quickly focus only on price.

 

The goal of system design should not be a smorgasbord of capability; it should be devoted to solutions that are flexible, not specific. Specificity is a luxury. Consider an expensive sports car that is great for driving fast on windy roads, but useless for running errands, much less a family vacation. Control systems are intended to make complex systems easier for customers to use - except that control systems are often too complicated for users to understand.

 

As AV professionals, we are in love with what technology CAN do, but we must focus more on what it SHOULD do. Complexity compromises reliability and convenience. When we let our passion come out, we design overly complex systems that are rarely utilized to their full potential. That excess capability represents something the customer doesn't value, understand, or is willing pay for. We lose the job on price or lower our margins.


Tom Stimson, MBA, CTS, is president of Stimson Group LLC, a Dallas-based management consulting firm specializing in strategy, process improvement, and market research for the Audiovisual Industry. Tom is a Past-President of InfoComm International and a current member of InfoComm's Adjunct Faculty.  

 


ClosingThoughts CLOSING THOUGHTS

Here's a few scribbles from the margins:

I had a conversation with a young entrepreneur recently that stuck with me. His business has not enjoyed the growth that other firms have seen in 2014 and I was trying to understand why. What I discovered is that this stagnation was intentional. "The economy is terrible," he said. I'm scratching my head. "Really, which one? Because 90% of the folks I talk to tell me otherwise," I replied. He explained that he believes the US economy is poised for a downturn triggered by either terrorist attack, political upheaval, or banking crisis.

OK....Rather than grab all the market share, success, and profit that he can until that time, rather than prepare to weather the crisis, he chose to suffocate his business so that there would be fewer cost cuts to be made when this inevitable catastrophe occurs. I was and continue to be appalled. Do others feel this way? Is our economy on the brink and should we all be scaling down business and hiding in a bunker? Or, should we be focused on success and keep our eyes open, our businesses nimble, and ride the roller coaster all the way around?
Email me.

See you next month, - Tom    

 

About Thomas R. Stimson, MBA, CTS

Tom Stimson consults with organizations to improve their performance through strategic planning, process improvement, and team development. The Stimson Group provides coaching and tools to companies in the Audiovisual Industry that enable them to define and reach their strategic goals.

Whether you serve the Rental/Staging market, the Systems' Integration market, or or provide blended services - The Stimson Group provides unparalleled expertise, industry insight, and methodologies that drive operational efficiencies and increase profitability. 

For more information visit the website.