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Warren
Buffett has famously said, "Only when the tide
goes out do you discover who's been swimming naked. "
So,
if your sales are down and you don't have a clear idea of how you are going to
turn around your business, you need help.
I
help managers and companies with business development problems. People hire me
because I bring a wide range of experience to your problems. You don't get a
team of inexperienced MBAs. You get experience and knowledge.
When
you have a new or poorly understood product, you need to create demand by
educating the customer. A general rule of thumb is that if you have spent time
developing a product, you have likely lost sight of how the customer perceives
the product. You need an outsider to regain the customer perspective. I follow
a simple strategy: define the messaging strategy, develop material quickly,
validate it with the team, and get it out quickly. Most managers don't focus
their message and take too long to write demand creation materials such as
white papers, sales briefs, cases and sales support material.
My
recent clients have included Cisco, Linksys, AT Kearney, Deloitte Consulting
and Cushman & Wakefield. Example topics include high tech retail strategy, fixed
mobile convergence, telecom cases, pricing strategy, change management, green
building strategies, downsizing lease portfolios and risk management.
Managers
often work in environments where perspective is hard to come by. An external
advisor can often provide a useful sounding board - one is unbiased and without
an axe to grind. Recent assignments have included working with one of the most
competent manager I have ever met. He needed a sounding board because of the
inadequacies of the management team in the firm he took over. And like most
CEOs, he needs someone whose opinion he respected to discuss his ideas with.
In
most high tech markets, technologies are initially general purpose and can be
developed around different business models, different value chains, different
distribution models and towards different segments. Practically every client I
have ever had has been reluctant to constrain their marketing efforts. They
forget that existence of many potential users of a product does not mean all
will write checks. A good sales launch is about targeting the customers that
will write checks quickly. I help companies with sales strategies and have
acquired over 300 customers internationally in my own businesses.
Over
the years, clients have hired me as a turnaround CEO, to turn around failed IT
projects, to help redefine approaches to markets. In today's environment, a
turnaround strategy can be critical because it is likely that when the
recession ends, the next US economy is going to be quite different.
Over
the years, I have designed and run many different planning and strategic
management retreats as a facilitator. Unlike many facilitators who focus solely
on process, I bring to the table knowledge about business, best practices,
information technology, innovation, finance and multiple technologies so I can
help the group by identifying hidden and often questionable assumptions.
Back
in the 1980s, I co-developed the first ever strategic expert system with over
3,000 rules about competitive strategy.
Facilitation with the system and subsequent consulting work means that I
have internalized many models that are useful to forecasting how markets will
evolve.
My
involvement with product management goes back a long way. Over the years, I have
been involved in developing and commercializing over a dozen products
internationally including first of breed products. I have developed tools for
assessing new products and stage gate development processes.
Competitive
analysis is easy to do at a high level. Companies have also hired me to do in
depth analysis of products. A recent client with products for the digital
living room hired me to do an in-depth analysis of its product family vs. its
competition and then help them with their Web 2.0 marketing.
My background includes
CEO roles with several high tech startups, consulting with boutique and major
international firms, experience in venture capital and incubation, financial
services, software development, IT consulting, semiconductors, telecom
solutions, media, and government. I have an MBA from Harvard, have taught
strategy, IT best practices, international strategy and innovation at the
executive and MBA level. I have authored three books on strategy and technology
and in my spare time I am a contributing editor to Strategy and Leadership
Magazine.