How to be a Competition Detective: Eliciting Conversation

People often ask me how I engage people so readily in conversation over the telephone. “Who do you say you are? Why do you say you’re calling?” With all calls, you want to give the person a good reason to talk with you, and not waste their time with small talk and listen very closely to how and what they share with you. The bottom line is I consider who I am talking to and try to think of all the ways the person might answer my questions to be prepared for the unexpected. Calls seldom go just as planned. Don’t take yourself too seriously and keep that smile on your face.

Find out how innovative ideas spread like the flu

Here’s another vote to have strong #networks! http://ow.ly/h4r5Q #connection @FastCompany Harvard Professor, Nicholas Christakis tells us how network science reveals that innovation–much like the dreaded flu bug–is contagious. Here’s where you need to position yourself to catch one (and maybe avoid the other). “Individuals located centrally within a network will be at both an increased risk for the …

Read moreFind out how innovative ideas spread like the flu

Improve your Primary Collection through Relational Voice

In competitive intelligence and other forms of primary research we so often just concentrate on techniques to extract information. We often forget to get ourselves grounded and in the right frame of mind to conduct these interviews. Yesterday I was reading Lee Glickman’s relational presence description, and it spoke to me. In relational voice, you start with deep, relaxed breathing and use your voice to almost do inner calisthenics. This exercise will strengthen you by getting you in the right frame of mind to do primary research of any type whether it’s cold calling, win loss analysis calls or trade show collection.

Maximize Your ROI through Competitive Intelligence

This blog focuses on maximizing your ROI (return on investment) while providing competitive analysis.Competitive intelligence is a support role. You need to shelf your ego. I learned that I portrayed a cooperative attitude aka "cooperative intelligence”, which opened up the floodgates of sharing from Sales in particular. I was fortunate in that I came from field Sales, so I knew I could improve our company’s ROI by helping Sales win more deals. I could connect individuals who were combating the same competitor, and let them strategize together, then share their success story.

Competitive Intelligence in 1985

This is the first in a series about how I evolved in my career in competitive intelligence, and what I have learned over time. Overall I am glad I had a start back in 1985 for the critical thinking and deeper relationships I developed. I am glad to still be in this field today where I can reach out to sources quickly that I would never have dreamed even existed in 1985, thanks to social networking.

Independence or Not?

How many times have you heard people say, “I am too busy. I am soooo busy.” Are most of us really busier than we used to be? Or are we imposing busyness by all the distractions of everyday 21st century life? Do people really need to know what you’re doing all the time and where you ate and what airline you’re flying? Knowing when to connect on social media is a competitive advantage for individuals and for companies. Knowing when not to connect gives you more independence.

Timing is Everything in Win/Loss Interviews

In a recent webinar I learned a few new things about the psychology behind conducting win/loss interviews. I have always told clients to makes sure that the sale is complete and implemented before handing them off to me to interview. Win/loss learning is often more about the failure of the selling process rather than selling the product. if you just have one time to conduct win/loss interviews, wait until after implementation or a rule of thumb is wait 2-3 months after the sale closes. If you wait too long, they’ll forget the details around the sales event that you are trying to collect and analyze.

How Intuition Can Guide Your Research & Research Business

Critical thinking and intuition are two skills that are often overlooked in this information explosion. We often jump to conclusions with more certainty without testing our conclusions by standing back and questioning our assumptions in a broader context. Likewise, many have lost touch with our intuition, which I consider the barometer of veracity. I have been in business for almost 20 years, and still make mistakes when I don’t listen to or trust my intuition. Listening to your intuition saves you time in the research and competitive intelligence processes, and can help you qualify your sales prospects and deal with people authentically.

12 Tips to Guarantee Your Success in Collecting Intelligence from Sales

Recently I gave a webinar for SCIP chapters in Mercyhurst and Ohio on how to capture competitive intelligence from Sales by using cooperative intelligence skills. I love serving Sales Reps since I can easily translate what I provide into an ROI benefit, namely more sales. Serve Sales well and you will have job security even in a tough economy since they are the company’s revenue producers!

Be a Masterful Thanker

Many of us suffer from GDD or Gratitude Deficit Disorder. Who do you know who is a masterful “thanker”? So as we end 2011 and start a new year, think how you will communicate your appreciation. How can you catch people in the act of goodness or kindness?