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P ersuasion as an integral part of the communication strategy for attracting investment is vital for creating the necessary confidence to achieve these types of transactions. e most common in the business world is the attempt at persuasion using uniquely logical and rational means, rhetoric, statistics, current and potential market shares backed up by slide presentations in XXL and Long-Play. Less usual is the complementary use of more emotional and symbolic methods like Storytelling. If well put together and used, will prove decisive in the voluntary choices of investors for these investments, given the countless possible alternatives. And it is in this field that the techniques of Storytelling when correctly used are an important complement of the purely rational and technical model for promoting investment opportunities and destinations and therefore constituting valuable tools of persuasion. And should the audience like this "journey" they will want more, they will want to have a part in this script, be part of the story, and feel endogenous and emotionally motivated into taking a positive decision. GOOD STORIES: ey allow the underlying idea of the rational exercise to be joined to one or more emotions. ey teach something (the moral of the story in traditional tales), which may be the profitability of investment, a way of supplying a market need, the values of a company, or another decisive point for potential investors. ey make conversations flow, act as catalysts for good discussions, and obviously chatty and curious investors are much better then a line of silent investors, at the end of a meeting table or auditorium, in the twilight, fighting against the sound when the pitch is made from the person trying to convince them. ey enable a vivid image of action in movement, which could be something that has already happened of future scenario actions where the potential investor may, if he wants, be part of them. ey stick in the memory. By creating a strong image in the memory of the listening person, the key aspects are not forgotten. ey create agreeability and rapport with the interlocutors and it is known that being pleasant is equally or more important than competence in professional choices. Stories are a useful management tool to get investments, among other organisational goals such as the transfer of corporate stock, company culture or the development of leaders. But is it only those who have the talent and imagination of a scriptwriter or author that have the abilities to use this precious resource? It will be noted that I spoke in techniques and not in the "art" of Storytelling because the skills of storytelling are identified, they may be learnt and trained by any professional (without harming some characteristics of natural communication). Aſter these skills have been acquired and practised, the stories may be used in various professional situations. Permit me to share two examples of the previous arguments: i) I recently worked with the foreign CEO of a multinational operating in Portugal, who understandably still has some difficulties in speaking fluently in Portuguese in public Meanwhile, through our work together he managed to distil to his vast senior management experience, two educational and inspiring stories and related them with his corporate objectives for 2013. He told them brilliantly in Portuguese and they went down like a treat with all the staff. ii) When I defended by Masters Dissertation, I opted to use the Storytelling techniques to communicate with the illustrious academic members of the jury. I knew this option was risky. However I was surprised and very grateful when the President of the Jury, kindly and generously informed me that he had awarded me with an additional mark to the classification that they had expected to give, mainly because of the way I presented it. It was yet another confirmation of how even professionals in the most conservative circles such as academia are also sensitive and want to see an idea associated to an emotion. Anybody can identify with, create and tell memorable, interesting, strategic, true, unique, short and too-the-point success stories to those they want to teach, that can be shared naturally and without bragging to a vast number of stakeholders, be they investors, clients or staff. If you would like to know more about the methods of storytelling for business ends, then please don't hesitate to contact me: Valter Alcoforado Barreira: [email protected]

Let me tell you a Story

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Page 1: Let me tell you a Story

PARTNERS OPINION !

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234567*3489:973;9*<3776=73*>*6?%.@!'0%*;'#%.!"#A !"#$%"& '#(")*

P ersuasion as an integral part of the communication

strategy for attracting investment is vital for creating

the necessary con7dence to achieve these types of

transactions.

:e most common in the business world is the attempt at

persuasion using uniquely logical and rational means, rhetoric,

statistics, current and potential market shares backed up by slide

presentations in XXL and Long-Play.

Less usual is the complementary use of more emotional and

symbolic methods like Storytelling. If well put together and used,

will prove decisive in the voluntary choices of investors for these

investments, given the countless possible alternatives.

And it is in this 7eld that the techniques of Storytelling when

correctly used are an important complement of the purely

rational and technical model for promoting investment

opportunities and destinations and therefore constituting

valuable tools of persuasion. And should the audience like this

"journey" they will want more, they will want to have a part

in this script, be part of the story, and feel endogenous and

emotionally motivated into taking a positive decision.

GOOD STORIES:

• :ey allow the underlying idea of the rational exercise to be

joined to one or more emotions.

• :ey teach something (the moral of the story in traditional

tales), which may be the pro7tability of investment, a way of

supplying a market need, the values of a company, or another

decisive point for potential investors.

• :ey make conversations Sow, act as catalysts for good

discussions, and obviously chatty and curious investors are much

better then a line of silent investors, at the end of a meeting table

or auditorium, in the twilight, 7ghting against the sound when

the pitch is made from the person trying to convince them.

• :ey enable a vivid image of action in movement, which could

be something that has already happened of future scenario actions

where the potential investor may, if he wants, be part of them.

• :ey stick in the memory. By creating a strong image in the

memory of the listening person, the key aspects are not forgotten.

• :ey create agreeability and rapport with the interlocutors and

it is known that being pleasant is equally or more important than

competence in professional choices.

Stories are a useful management tool to get investments, among

other organisational goals such as the transfer of corporate stock,

company culture or the development of leaders. But is it only

those who have the talent and imagination of a scriptwriter or

author that have the abilities to use this precious resource?

It will be noted that I spoke in techniques and not in the "art" of

Storytelling because the skills of storytelling are identi7ed, they

may be learnt and trained by any professional (without harming

some characteristics of natural communication). AVer these

skills have been acquired and practised, the stories may be used

in various professional situations.

Permit me to share two examples of the previous arguments:

i) I recently worked with the foreign CEO of a multinational

operating in Portugal, who understandably still has some

diXculties in speaking Suently in Portuguese in public

Meanwhile, through our work together he managed to distil to

his vast senior management experience, two educational and

inspiring stories and related them with his corporate objectives

for 2013. He told them brilliantly in Portuguese and they went

down like a treat with all the sta^.

ii) When I defended by Masters Dissertation, I opted to use

the Storytelling techniques to communicate with the illustrious

academic members of the jury. I knew this option was risky.

However I was surprised and very grateful when the President

of the Jury, kindly and generously informed me that he had

awarded me with an additional mark to the classi7cation that

they had expected to give, mainly because of the way I presented

it. It was yet another con7rmation of how even professionals in

the most conservative circles such as academia are also sensitive

and want to see an idea associated to an emotion.

Anybody can identify with, create and tell memorable, interesting,

strategic, true, unique, short and too-the-point success stories to those

they want to teach, that can be shared naturally and without bragging

to a vast number of stakeholders, be they investors, clients or sta^.

2+&!%#*3&."-"#+/"*<+##%'#+*%?B&+'(,*C"D*!%&&'()*+*,!"#$*D'!C*+*1"#+&*"#*%1"!'"(*.+(*E%*+*@,%-@&*!""&*-"#*+!!#+.!'()*E@,'(%,,*'(!%#%,!*+(/*'(0%,!"#*."(F/%(.%G

If you would like to know more about the methods of storytelling for business ends, then please don't hesitate to contact me: Valter Alcoforado Barreira: [email protected]