Trust Tip 32: Answering “Why Should We Choose You?

It happens most overtly in a sales presentation: “So tell us, Mr. Jones, why should we choose you?”

Words vary. You may recognize:

  • What makes you folks different, what sets you apart? Or,

  • Why should we believe you’re different from all the others?

When a client or customer asks that question, many things are going on.

On the emotional front, “Why should we choose you?” is almost always spoken as a challenge—an aggressive act, an invitation to spar and to prove your worth. Which in turn means the presumed relationship is combative or competitive.

On a purely logical level, the question is about differentiation. Furthermore, it presumes that the answer can be given verbally, in a few sentences.

And finally, it’s a sucker’s game. Think honestly now: when was the last time you heard a seller answer that question so well that the customer sat back and said, “wow, that really is great! I guess you’ve got the job!” The truth is, people don’t buy because of differentiation—they buy because you can solve their problem.

So—what do you do with a combative partner who’s challenging you to a duel using weapons of his choice, and that he will disavow no matter how well you play?

The answer is, opt out of the game. Don’t meet fear with fear; don’t engage in a competition; don’t accept that one-liners and differentiation are the real agenda. Instead, respond with direct truth and client focus.

Here’s what it sounds like.

    “Why should you choose us? At this stage, I don’t know why; it would be arrogant of me to claim I do know. In fact, it’s even possible that you shouldn’t choose us. It depends on some key questions, which I’ve brought along to discuss with you.

    “But first, to answer the spirit of your question, 74% of our customers tell us they chose us for one of two reasons. 53% said it was because of our after-sales service. The other 21% cited ease of integration. Those were the main reasons our customers gave.

    “Your reasons may or may not map those of our other customers—your situation is unique. One big driver seems to be the level of first-line customer interaction our customers have. Perhaps if we talk about your level of first-line customer interaction, it will become clear to all of us what is and isn’t attractive to you about our solutions.”

In responding this way, you first acknowledge an obvious truth—any blather about why a brand new customer should buy from you is nothing but BS anyway, and even if it were true, would be utterly unconvincing. So—tell the truth.

By answering the customer’s question literally—what are the reasons they should buy from you?—you show respect.

By offering actual answers to the actual question, you validate the customer’s question, and show you have real data to answer it. (BTW—I hope it goes without saying you actually do need real data).

By offering to engage in discussion, you indirectly state the only way customers make serious decisions—by engaging in dialogue. So—tell the truth and start the dialogue.

Finally, by seriously entertaining the proposition that your service may actually not fit 100% of the customers out there, you get points for speaking the truth, and save both you and the customer and lot of cost and pain trying to pretend otherwise.

When asked, “Why should we buy from you?”—tell the truth.

Random Acts of Guitars

I always had an attachment to place.

Three times over two decades I moved to what was going to be my last home. At each place I would set down permanent roots—a garden, and basement workshops with woodworking equipment. (My crowning achievement was a handmade electric guitar. Seriously handmade, as in spokeshave-carved maple neck and ebony fingerboard, with self-designed mahogany body).

Life had other plans.

So I resolved to detach from place and things. I downsized, and now regularly try to throw out something big in the trash every week.

I always knew the table saw would be tough. But I had stopped woodworking long ago. I gave it to a friend who’d appreciate it. I also threw away a few specialized guitar tools.

Fifteen years ago, after I made the guitar, I had started another. It was to be a beauty. A neck-through-body design, I had taken the main first step of gluing up the core—three lengths of hard maple, separated by two thin strips of black walnut veneer. The neck would be the fingerboard on this baby—hard blond wood with two black tiger stripes running from the headstock to the tailpiece.

I carried this hunk of wood with me through all three of the “to be last” homes and one since. It was time to part, to put it down. I knew I wouldn’t finish it, so it now had more value as a symbolic sacrifice.

I burned it in the fireplace two months ago. It burned hard and slow, just like it would have played.

If life were a novel… A week ago, my teenage son said, “Dad, would you help me build an electric guitar?’

So here’s the question. If I were a fully trust-evolved person—able to trust fully, and eminently trustworthy—what would be my first reaction?
 

  • a. there are no coincidences
  • b. timing is everything
  • c. the universe is trying to tell me something
  • d. there’s a zen saying here, you just gotta laugh.

I aspire to (d)—unless you’ve got a better idea.

Because getting out of self is required for trusting, and for being trusted. Self-centricity is the death of trust.

I don’t think the universe is trying to tell me anything. But there’s lot to be gotten if I listen. In fact, listening may be the point.

Trust Tip 45: The Three-Second Rule

Some years ago I got some great coaching from Patricia Fripp about introducing a speech.

“Don’t start with ‘hello, glad to be here’ and all that,” she said. “Instead, start by standing motionless at mid-stage for what will seem like an eternity.”

“Stand still, and wait—until every eye is upon you, wondering whether you’ve gone catatonic from stage-fright. Then launch directly into the first line of your opening story—‘there I was…’ for example.”

I couldn’t imagine doing it.  It felt way too contrived, hokey.  But I had an upcoming speech outside my home country and industry.  I figured, nobody will know me here, time to try it!

The emcee introduced me.  I walked to center stage.  And stood.  And stood.  For an eternity (3 seconds).  The room went silent.  And as the first three words finally came out of my mouth, I realized instantly Fripp was right.

The 3-second rule works in public speaking because it compels our attention. We are fascinated by a speaker who is silent—a bit like the painted statue mimes in tourist cities.

We watch intently to catch the statue-mime in the act of moving.  We listen intently to hear what the silent speaker will say.  3 seconds about does it.

But the 3-second rule is not jus for speaking.  It works in conversations, when you want to draw the other person out, establish dialogue, forge a legitimate connection.

You already know to allow pregnant pauses, let them fill the empty space, don’t give in to your desire to talk. But you feel dumb sitting silently after your client has said something. So, after what you think is a long time, you puncture the discomfort by saying something.  But it wasn’t long enough

Are you really practicing the idea?  Here, “fake it ‘til you make it’ applies.

Try timing someone else in that situation. I find they cave in after about 2 seconds, and begin through body language or direct speaking to puncture the discomfort of silence.

See if you can live in the silence for that last second.  Without moving.  Staring straight at the client.  Not lost in thought, your eyes cast upward, but looking directly into the client’s eyes, awaiting curiously—for real—to hear what they are going to say.

Quietly count, “one-one thousand, two-one thousand, three-one thousand,” while you mentally send a message to the client, “Yes, and please tell me more about that?”

Give it the full 3-count. They’re worth that extra second, aren’t they?

The Horizontal Imperative

Immanuel Kant’s moral philosophy was summed up in his “categorical imperative:”
 

Act only according to that maxim whereby you can at the same time will that it should become a universal law.

Much has been written about this—I won’t add to it. Except to say its relevance is growing due to the “horizontal imperative.”

Think what these themes have in common:
 

Outsourcing
Flat organizations
Declining transaction costs
Joint ventures
Strategic alliances
Open source
Social networking
Wikis
Globalization
Matrix organizations
Project management
Boundarylessness
Mobility

They all deal with horizontal, not vertical, relationships. And they’re all increasing.

Business is increasingly conducted via horizontal relationships—peers, partners, professionals/clients. Yet we still think in terms of vertical relationships—command, control, performance measurement, reviews, rewards.

Our vocabulary is little changed, but the denotation of words is shifting. Think what these words meant 15 years ago—vs. now:
 

Leadership
Management
Vision
Alignment
Collaboration

Kant’s second formulation of the categorical imperative was:
 

Act in such a way that you always treat humanity, whether in your own person or in the person of any other, never simply as a means, but always at the same time as an end.

In a corporate world of vertical relationships, people can preach Kant, but those in power don’t have to listen. They are free to—and often did/do—treat others as means.

In a horizontal world, even dotted-line authority is rare, much less straight line. In horizontal relationships, people can and do insist on being treated as ends.

In a horizontal world, power comes from influence, not authority. Paradoxically, the greatest influence comes from a genuine concern for others. Client focus without the microscopic quid pro quo. Reciprocity with more than a 15-minute leash. A predilection for “we” not “me.”

In a horizontal world, Kant’s abstract principle becomes an empirical descriptor of successful behavior.

The newest New Economy does not imply an egalitarian utopia. But it does mean increased connectivity. Butterfly wings have impact. We are in the same (bigger) sandbox, forced to learn to play together nicely. Those who learn to do so benefit.

Collaboration is the new competitive advantage. Trust rules.

It’s the horizontal imperative.

The Best in the World

I took my son, a flute player, to see Sir James Galway, arguably the best flautist in the world.

He and his wife spoke informally before the concert.  They said the US under-achieves in international competitions relative to its raw talent. Why? The competitive emphasis we put on technical virtuosity.

The fundamentals are forgotten, they said.  To be great, you need to work on scales and tone.  His concert included two “simple” pieces amidst the virtuoso pieces—to lead the students in the house by example.

His website speaks to his generosity—financial and spiritual.  He talks about the fundamentals of music, and of being human.  It says, "My scales are my prayers; my concerts are the answers."

    Years ago, I took a week’s solo lesson with arguably the world’s greatest pedal steel guitar player (and surely the best teacher), the late Jeff Newman—in a little A frame house at the top of the hill on Jeff’s land 20 miles east of Nashville.

We spent the first half-day tuning.  Tuning.

Once we spent an hour with him leaning back in a chair, strumming 3 guitar chords while I played three steel notes over and over.  He’d grimace at some notes, smile at a few. “If you cain’t make me cry with just three notes, Charlie,” he’d say, “what the hell good are all the rest?”

Once I got frustrated with technique on the volume pedal.  “Charlie, you got to stomp that sucker,” he said. “Either you’re going make that hunk of metal sing for you, or it’s gonna kick your butt. Which is it gonna be?”

Between songs, he’d tell stories.  Like the time Jimmy Day finally played Steel Guitar Rag dead flat perfect, looked up and realized the joint only had 23 people in it—all drunk, and not one who gave a damn.  “You don’t play for perfection,” he said, “you practice, then you play for love—perfection’s just a little gift you get once in a while.”  Jimmy Day, he said, had a cable linking his foot and his soul.

Or the day John Hughey, Conway Twitty’s old steel player, put away his steel for good after Conway retired, despairing of ever again getting gigs for his old-style of playing. Only to get a call later that day from Vince Gill, who featured him in the front of the band, and started a whole new career for Hughey.

Occasionally Jeff would sit at my instrument and just noodle.  Incredible sounds, blending jazz chords and pipe organ tones with Bach-like complexity.  “Why don’t you record some of that, Jeff, that’s absolutely gorgeous, unique,” I’d say.

“Why don’t I record it? I’ll tell you why.  Only four reasons to do it.  One, for the money—I don’t need it.  Two, for my students; but it’d just intimidate them, not help them.  Three, for my ego—again, I don’t need it.  And four, for your ego—but that’s your damn problem, not mine!  I ain’t doin’ it.”

The best in the world often sound like this. They are self-assured but not arrogant. They are technically great, but see technique as a means, not an end.

Their emphasis is on the basics, and on the result. Technique in service.

What are the basics in business?  I suppose quality, integrity, customer focus.  Commitment.  Willingness to give to others. Trust.  Stuff like that.

What are the business analogues to musical flash and technique that  get in the way of tone and soulfulness?  Perhaps systems and measurements; esoteric strategies; clever incentive schemes; complex financing; sophisticated diagnostics and skillsets?

We all need technique.  And complexity is a fact of life.  But the ends are still supposed to be the reason for the means; the means aren’t self-justifying.

It don’t mean a thing if it ain’t got that swing.

The January Top 5

In order of popularity, they were:

  1. A Better New Year’s Resolution – strictly speaking a December post, the suggestion that instead of making a list of resolutions for the new year, we make list of things we’re grateful for, was also the most popular post in January.

  2. I’m OK, You’re an Idiot – My inner voice says: “I’m OK, you’re an idiot,” and “You’re OK, I’m an undetected fraud.”

  3. Myers-Briggs and Racism – when does categorizing people slide into objectification, and from there into much worse?

  4. The Perversity of Measuring Trust – what does it say to those whose trustworthiness you constantly measure about whether you think they’re trustworthy?

  5. Empowering Incompetents – perhaps you "just believing in yourself" isn’t enough?

Did you have a favourite post?

Why ‘Trust Matters’

I’ll write another time about "why trust matters." This posting is about why this blog is called ‘Trust Matters.’

Some of you may visit this blog to find a sales tip. Others, because you find something about relationships that touches you. Still others, hopefully, enjoy a different take on issues of business and society.

Trust runs through them all.

If there is any single dominant feature about the economy and the world that is emerging around us, it is connectivity. Whether you’re reading The World is Flat, or Wikinomics, or How We Compete , the message is clear: the world is more and more linked. We’re not just interdependent, we’re all over each other.

1. In the realm of the Trusted Advisor this has always been clear. The relationships that grow up between those who have deep specialized knowledge and those who need it are, of necessity, trust-based.

As someone said, there are no products anymore, everything is a service; and a complex service at that. So the trusted advisor paradigm is increasingly relevant.

2. In the realm of sales, the role of trust is accelerating more rapidly. Selling—always the lowbrow, bastard stepchild of marketing—is about to emerge as a critical function.

As services get more complex, the seller-buyer relationship—call it the “commercial” relationship—is taking over in importance from the seller-competitor relationship. Commerce, not competition, is key in a connected world. And the one place where producer meets consumer is—in the sale and the sales process.

Trust plays a huge role here because, as Jeff Thull says, solutions are now so complex that buyers often can’t articulate what they need. They need a trusted seller to engage with them as equals. Enter Trust-based Selling®.

3. In the realm of leadership development and organizational behavior, trust is becoming the most critical of all. The tolerance for divisional silos, not-invented-here syndromes, or office politics is declining. The business can no longer afford people whose competency at trusting and being trusted are low.

The “soft” skills have “hard” payoffs in a connected world.

They are what permit alignment of organizations, faster go-to-market processes, successful strategic alliances, project teams, creativity, globalization, effective negotiation, people and customer attraction and retention, and execution. Businesses mired solely in the old-think of competitive positioning, behavioral measures-and-rewards, and business processes will find themselves behind the curve.

Through these three portholes—trusted advisor, Trust-based Selling, and leading with trust—we see the same core themes.

Getting along, collaborating, interacting, synergizing, decreasing friction, transparency, plug-and-play people, anger-processing, other-focusing, rapid trust creating, empathizing, fast team-building, relationships-over-transactions, constructive conflict engagement, responsibility-taking, emotional risk-taking, no blame-throwing, straight-talking, truth-telling, always-curious, self-knowing, trust-creating.

These are the things that make a connected world work smoothly, rather than grate and grind.

Matters of trust.

Trust matters.
 

Trust Tip 16: Get Beyond Fairness

We sometimes think being trusted is about being fair. Then again, we sometimes say “life isn’t fair. Fair enough. But to whom are we speaking in each case? Fairness has two sides. One side is when we’re talking about we are treated—by family, by clients or business partners, by life. The other side is how we treat others—same topic set. The rules are not the same: it depends which side you’re on.

Rule 1, The Receiving End—Life Ain’t Fair

My friend Jon tells me, “life ain’t fair—and boy am I glad of that. Because if I got what I really deserved in life, I’d be a mess. As it is, I can’t honestly think of anyone with whom I’d trade lives.” Now, when I consider that I would not trade lives with Jon, and that he would not trade lives with me, I see the wisdom of what he’s saying. Life’s not treating you fairly? Get over it. Get happy with what you’ve got. Now move along and do something great.Get out of the ‘hood—victimhood—and into optimistic, positive territory.

If you don’t, you can’t trust others. And if you yourself can’t trust, then you probably can’t be trusted.

Reach out across the 50/50 divide, and don’t look back until you hit 80/20.

Rule 2, The Giving End—Ignore the First Rule

You know the phrases. It’s dog eat dog out there. Do unto others before they do unto you. Never give a sucker an even break. Or, more insidiously, let them make the first move. Trust, but verify.

That’s a sure way not to be trusted. Instead, use the Golden Rule. Better yet, use Tony Alessandro’s Platinum Rule: Do unto others as they would be done unto, because they may not want to be done unto the way you might like.

Reach out across the 50/50 divide. Don’t look back until you hit 80/20.

The demand for “fairness” can be the enemy of trust. Mutual trust is founded on reciprocity, which requires we reach out to value the other side. The difference between a suggestion and a demand ought to be evident to all. If we spend our energy negotiating who gets 49 and who gets 51, we kill trust in our quest for “fairness.”

Whether you’re the trustee or the trustor, be bold. Take a risk. Give a little something. Make the first gesture, which allows reciprocity to kick in.

Fairness is 50/50. Leave it behind. Go hang out in the 80/20 territory.

Trust, Democracy, and Capitalism

One business page, Sunday NYTimes. Two articles. Two distinct visions of our future.

Andrew Sorkin’s “A Growing Aversion to Ticker Symbols” describes the seeming tsunami of private equity money creating a shadow economy, engulfing publicly traded stocks, escaping the scrutiny of Sarbanes Oxley and the SEC, and enabling CEO compensation even greater than we’ve seen in public companies:

As one buyout king put it over drinks… “If one of my C.E.O.’s made $100 million, I’d say that’s great because it means that we probably just made $2 billion.”

Licensed greed, free of oversight.

Or not?

In the same article, John Thain, the New York Stock Exchange’s CEO, reminds us that much of the big money in private equity lies in taking the companies back public again.

Viewed this way, private equity is simply the vehicle du jour for creating efficiency in the financial and asset markets. Take the old company out of circulation for a bit, do a turn in drydock, clean up the turbines, a new coat of paint, voila—new company. A public service.

Au contraire, says Ben Stein in "The Hard Rain That’s Falling on Capitalism. A writer and literate comedian, he has standing as an economist. He came by it honestly; his father was chairman of the Council of Economic Advisors under the Nixon and Ford administrations.

Capitalism values people as individuals according to contract…not according to the status of our birth. This in itself is a miracle.

This miracle has been vibrant in the lives of hundreds of millions of Americans who have gone from nothing to something, thanks to the dynamics of capitalism. They have seen their pay rise and they have been able to convert their sweat and toil and creativity into capital by saving and investing in the stock market and becoming capitalists themselves — myself.

The system of capitalism is wide open. If you have an idea, you can turn it into capital.

But… in capitalism, the most fundamental building block is trust.

When I see what the top dogs at all too many corporations are now doing to that trust, I feel queasy. Outrageous — yes, obscene — pay. Greedy backdating of stock options, which in my opinion is straight-up theft. Managers buying assets from their trustors, the stockholders, at pennies on the dollar, then forestalling competing bids with lockups and insane breakup fees.

These misdeeds and many, many more are hammer blows at the granite foundation of trust we built in the 1940s and ’50s. How long democratic capitalism can survive these blows before it gives in and gives birth to revolution or to an out-and-out aristocracy, I am not sure.

Stein’s not alone. Professor Bruce Scott, of Harvard Business School, is in the final stages of a forthcoming book tentatively titled Capitalism and Democracy in a New World. He enthralled senior audiences at Harvard Business School’s reunion last fall. A great number of seasoned MBAs, it turns out, share Stein’s sense that something is rotten in the State of Business.

Scott suggests we have succumbed to an exceedingly narrow application of the democratic concept of freedom—economic freedom. Capitalism, he suggests, is strangling democracy. Scott points to the same social tensions Stein mentions—the accelerating gap in wealth across the world.

Financial fine-tuning for fitness is salutary. A nation of laws is a wonderful thing. But a nation whose laws of financial fine-tuning are opaque, written by those with a bias toward more concentration of wealth, and even then brazenly violated, is not a nation whose capitalist system is any longer built on trust.

If capitalism’s best effort at an ethical pronouncement is, “hey, it wasn’t illegal,” then Stein is an optimist.

We can do better.

Seth Godin vs. Peter Drucker

Following is an excerpt of a panel discussion with Seth Godin and Peter Drucker.

(Well, maybe the panel discussion didn’t really happen; but the quotes are all real, just juxtaposed just to provoke dialogue).

Green: Seth, how’ve you been? What excites you lately?

Godin: I sat next to Cory Doctorow at a conference today. It was like playing basketball next to Michael Jordan. Cory was looking at more than 30 screens a minute…I’m very fast, but Cory is in a different league entirely.

Green: Mr. Drucker, what do you make of that?

Drucker: We rightly consider keeping many balls in the air a circus stunt. And even the juggler does it for only ten minutes or so before dropping the balls. I have yet to see an executive…who could not consign something like a quarter of the demands on his time to the wastepaper basket without anybody’s noticing their disappearance.

Green: Mr. Drucker! Are you suggesting Mr. Doctorow is wasting his time?

Drucker: Most of the tasks of the executive require, for minimum effectiveness, a fairly large quantum of time. To spend in one stretch less than this minimum is sheer waste. One accomplishes nothing and has to begin all over again.

Green: Gracious! Seth, is this phenomenon something new in the world?

Godin: This was never a skill before. I mean, maybe if you were an air traffic controller, but for most of us, most of the time, this data overload skill and the ability to make snap judgments is not taught or rewarded.

Green: Mr. Drucker, you’re frowning. 🙁 What do you see wrong with multi-tasking?

Drucker: Man is not particularly logical, but man is perceptive—that is his strength. The danger is that executives will become contemptuous of information and stimulus that cannot be reduced to computer logic and computer language. They may become blind to everything that is perception (i.e. event) rather than fact (i.e. after the event). The tremendous amount of computer information may thus shut out access to reality.

Green: Seth, is this a real trend, regardless of what Mr. Drucker might think of it?

Godin: As the world welcomes more real-time editors working hard in low-overhead organizations, I think it’s going to be a skill in very high demand.

Green: Any particular areas of business for which that’s true?

Godin: If you’re busy marketing like you’ve got my attention, you’ve already made a huge mistake.

Green: So, marketing must keep it in mind. Mr. Drucker, does multi-tasking hurt some judgments more than others?

Drucker: Among the effective executives I have had occasion to observe, there have been people who make decisions fast, and people who make them rather slowly. But without exception, they make personnel decisions slowly and they make them several times before they really commit themselves.

Green: Mr. Drucker, any parting words of wisdom?

Drucker: If there is any one “secret” of effectiveness, it is concentration. Effective executives do first things first and they do one thing at a time.

I once shared a speaking platform with Seth, never met Drucker. Both are wise and provocative.

Seth’s comments are weeks old; Drucker’s date from 1967.

Is there a conflict here—or not?

I think it’s folly to suggest that of two such fine thinkers, one has to be wrong. More likely there’s an over-arching perspective.

Here’s one.

The median level of multi-tasking capability has certainly got to go up across the board as we get more complex. At the same time, the ability to divorce from multi-tasking when it’s required is also going to get more valuable. He who can do both will be very successful.

Think about trust. Do you more trust a multi-tasker, or someone who totally focuses on you? (Right answer: we trust those who multi-task most of their life, except when they’re with us—when they pay attention.)

Massive parallel data processing makes you a massively good data processor. It doesn’t do much for your relationships or your effectiveness with people. How do you react when your six-year-old multi-tasks with you on the phone when you call home from the road? Do you really think you’re hiding it from your clients as an adult?

The world will be wildly more connected in future, but connections still happen one person at a time.

Drucker called efficiency the goal of the industrial age, and effectiveness the goal of the knowledge age. That still sounds modern as we head into whatever you want to call this age.

By the way, read FrogBlog for someone courageous enough to experiment on himself just a few months ago.