Creating new ideas is the first step to innovation, but it is not enough these days. Marketers need to generate excitement and support for their new opportunity. Don’t make the mistake of thinking “the idea will sell it self.” Just the cleverness of the concept and the revenue forecasts are not enough to sway others. Leaders have many investment choices to create growth, so you need to position your investment opportunity properly.
That is where the power of storytelling can help. Effective storytelling captures the hearts and minds of your target audience. It makes your innovations stand out about the rest. That’s why many embrace it as a critical leadership tool. Storytelling is now mainstream in the business world. At Nike, senior executives are called “corporate storytellers.” 3M banned bullet points and replaced them with writing “strategic narratives.” Procter & Gamble hired Hollywood directors to teach its executives storytelling techniques. Business schools have storytelling courses to their curriculum.
Meet Paul Smith. Paul is Director of Consumer & Communications Research at P&G. He has spent a career observing and researching what it takes to connect with, inspire, and motivate a change in human behavior. He is a keynote speaker, corporate trainer, and author of the upcoming book, Lead with a Story: A Guide to Crafting Business Narratives that Captivate, Convince, and Inspire. Whether it’s the CEO’s speech to the board of directors, or the hallway conversation with your boss, his conclusion is this: the difference is storytelling. Great leaders do it well. Mediocre ones don’t.
Paul lectured in my graduate Capstone course about storytelling. Here is my interpretation how it applies to selling innovative ideas:
In addition to teaching leadership by storytelling, Paul’s external training experience includes a partnership with Chip & Dan Heath, authors of the New York Times best-selling book, Made to Stick: Why Some Ideas Survive and Others Die, where he created their first licensed training program.