Wednesday, June 28, 2017

SO YOU'VE ASKED ME TO EXPOSE MYSELF?

Taking a break from RFPs... sort of. At least the written ones. There is another kind of RFP, and it is the verbal "ask", often very one-sided, and thus, this discussion.

Let's profile an ideal client (or so we think). Theirs is a profitable, notable, Fortune 1000 company. They have CSR initiatives, are listed on the "Best Places to Work" lists, give to charity, and sponsor valuable activities.

And then they call you, little old you, with your team of 10 (or less), working every week to make Godzilla the Payroll (as my dear friend calls it). They say, "We'd like some top tier entertainment for a major event this weekend, and we want to spend $400. You'll be getting a lot of exposure." Now they might ask for decor or furniture or catering, so don't look at the dollar figures; look at the principle.

Re-reading the previous paragraph, I remember that I once heard someone say, "If I wanted exposure, I'd stand on my lawn naked." Or, "One could die from over-exposure."

Another way the client might ask could be, "I know a lot of people." Or "Don't you know where this could lead?" Well, usually it leads to more of those "a lot of people" asking for the same thing for the same money.

I can think of numerous whippy tongue-in-cheek responses for these unreasonable requests. However, just as we don't consider the request respectful, we shouldn't make our responses just as disrespectful. That's the real subject of this blog this week.

May I suggest that we put our professionalism to work here and respond with, "I want you to know that I sincerely appreciate your call to ask me to participate in your event. I do wish I could provide you with top tier entertainment (or whatever is asked for) for the price you stated. Unfortunately, I don't know anyone who fits the bill. I respect your needs and know that you expect only the best. Your company prides itself on providing an outstanding product for a fair price. (Now let's pretend it's an automotive client just as an example.) Would you expect me to ask you to give me a car for a fraction of its cost so the world could see me driving it down the highway?"

Continuing... "Let me offer you some solutions for what I can do and what it would really cost. If that doesn't work for you, let me just say that I would love to work with you in the future and give you the right entertainment (or whatever) for a fair price. Please do call me again.

The point? I don't like closed doors, and if they are closed I don't want to be the person closing them.

Thoughts?

Andrea Michaels is the founder and president of Extraordinary Events, an international, multi-award-winning event agency based in Los Angeles. She is the author of Reflections of a Successful Wallflower: Lessons in Business; Lessons in Life. She may be reached via amichaels@extraordinaryevents.com.

Wednesday, June 14, 2017

CANNIBALS? THIEVES? WHO OWNS AN IDEA? JOIN THE DISCUSSION

So who is stealing from whom? We fret over competitors stealing our ideas or snatching vendors. But that's a distraction. Here is the real problem, and I will quote directly from an RFP so you'll know the villain. Let me set the stage.

XYZ Corporation sent us an RFP that involved the following:

-General Sessions
-Welcome Reception
-Team Building
-Break-Out Rooms
-Tours and Transportation
-Off-Site Dinner
-Gala Awards and Ceremony
-Dance Party with Interactive Experiences
-And more

The project would be awarded based on creativity and costs. All subcontractors were to be named, their roles defined, and contacts submitted. The program was to be designed in three different locations (two of them international) with renderings, photographs, videos, floor plans, and fully detailed budgets. With all costs transparent.

The RFP required that we agree to the following:

"Ownership of Proposal Documentation: All proposals (and related materials), once submitted, become the property of XYZ Corporation. By submitting a proposal, The Provider licenses Corporation to reproduce the whole or any portion of this Provider's proposal."

In effect, to do this correctly could easily have cost us $20,000 or more in time and work product. Now get this. All the work we did and all the vendors we secured would be owned by XYZ Corporation and either shared with the winning bidder or are executed by XYZ themselves.

So, in my opinion the only reason I would ever worry about a competitors would be if XYZ shared my proposal and all of its inclusions with that competitor and asked them to reproduce it. I know that if I were asked to do this I would run like the wind to get away from that client. But a lot of companies don't. They are so dazzled by the big bucks (yes, this program for 900 people for five days and four nights ran into the millions) that they forget that they are agreeing to theft. Yes, THEFT, THIEVERY. Who has the right to own our ideas, our drawings, our list of vendors?

We spend countless hours securing relationships with partners who trust us. Our Rolodex has taken years to develop. Do we want to give all of this away?

The best news is that XYZ Corporation has been honest. They have told us (and this is the part that could be considered "ethical") that they are going to do this and if we respond to the RFP we are agreeing to it. Not all companies are so forthcoming.

It's a good reminder to always read the small print and understand what you are signing off.

With all this in mind, I need your help. What do you do to prevent this from happening? I would never agree to it. How about you?

Andrea Michaels is the founder and president of Extraordinary Events, an international, multi-award-winning event agency based in Los Angeles. She is the author of Reflections of a Successful Wallflower - Lessons in Business; Lesson in Life. She may be reached via amichaels@extraordinaryevents.com.