“What’s the elevator speech?”…that little phrase is up there in my top 5 phrases that makes me chuckle, namley because its just such a token question and secondly, people just don’t talk in the elevator.
That is of course except for me, I actually do (especially to strangers). However last week was special, just before I was about to talk to a group of Directors about MoP I had my first ever-real life, solid gold elevator moment about Management of Portfolios.
I meet this chap as we got into the elevator to go up to the 40th or so floor … and this is how it went.
Chap: “Oh Hi, you’re the Mr Portfolio guy right”
Me:“Hmm, was it the hair that gave it away, or the collars?”
[BUTTON PRESSED AND DOORS CLOSE]
Chap: “haha a bit of both”
Me: “I thought so. But yes, indeed I am. Pleasure to meet you…”
Chap: “… Tony, I’m coming to your session this morning.”
Me: “Oh nice one, it should be fun!”
Man in lift: “Sure thing, I’ve heard. I don’t know much about this MoP though – what’s it all about?
There it is, on a plate, a solid gold shiny elevator moment that every vision developing consultant fantasies about.
So, after this perfect set up, I knew I had about 2 and a half minutes in total to explain Management of Portfolios and Portfolio Management before we got to the room. I didn’t want to go into the technicalities of MoP, nor did I want to bore him so just at that moment an unrehearsed analogy of life, dreams and portfolios popped out and worked really, really well – it finished on time too.
I thought about this afterwards…I’ve done one hour Executive briefings and even 10 minute briefings but never 150 Seconds like that before. So, I went home and created this Prezi with a voice over to reflect the conversation in those two minutes – see below.
Why MoP in 150 Seconds (an analogy in an elevator) from Mr Portfolio Management on Vimeo.