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The Art of Persuasion in the Business World Carol Dominguez, President & CEO –

The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

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Page 1: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

The Art of Persuasion in the Business World

Carol Dominguez, President & CEO –

Page 2: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

As far as I can remember…

Page 3: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

As far as I can remember…

Page 4: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Persuaded Kellogg to organize the largest international food festival ever…

Page 5: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Persuaded an ex-fiancé that I should move to Europe… Persuaded a boyfriend to become vegetarian…

Page 6: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Persuaded an ex-boss to hire me in Milan…

Page 7: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Persuaded Indian BPOs to outsource voice operations to the Philippines…

Page 8: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Persuaded the HAA to hold it Asia Regional Conference in the Philippines…

Page 9: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Persuaded my HBS Professor to write a case on the Philippines…

Page 10: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Persuaded a world-class HBS professor to teach in the Philippines…

Page 11: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

For me, persuasion is all about STRATEGY

• Have a plan

• Research

• Visualize

• Prepare

• Practice

Page 12: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

6 Principles of Persuasion by Prof. Cialdini

•Reciprocity

• Scarcity

•Authority

•Consistency

• Liking

•Consensus

Page 13: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Reciprocity

• People are obliged to give back to others in the form of a behavior, gift, or service that they have received first.

Page 14: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Scarcity

• People want more of those things they can have less of.

Page 15: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Authority

• People follow the lead of credible, knowledgeable experts.

Page 16: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Consistency

• People like to be consistent with the things they have previously said or done.

Page 17: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Liking

• People prefer to say yes to those that they like.

Page 18: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

Consensus

• Especially when they are uncertain, people will look to the actions and behaviors of others to determine their own.

Page 19: The Art of Persuasion in the Business World · The Art of Persuasion in the Business World ... 6 Principles of Persuasion by Prof. Cialdini •Reciprocity •Scarcity •Authority

My take

• It’s personal!

• Build up relationships over a long period of time - spread your network very far and wide

• Be authentic

• If you wait at the last minute, it is too late

• Accept that techniques do not work on everyone, you are not going to have the personal relationship with everyone

• Have influence over a wide range of people - reflect on people that have different styles