Monday, March 10, 2014

Elevator Pitch

Jayant Chhaya had worked with the State of Wisconsin, USA, in a senior executive level position in the Health and Employment Department. He had been able to achieve amazing success in his projects. Yet, when he read of the AMUL experiment, he chose to come back to India. He wanted to work with his inspirational icon, Dr Varghese Kurian.
Dr Kurian’s office granted Chhaya an appointment for only the duration of five minutes. A visibly excited Chhaya first shared how Kurian’s incredible triumph had inspired him to come back to work for his country. Then he spoke about his impressive work in Wisconsin. After all, he had to establish his credentials. Suddenly, Kurian interjected tersely to say, ‘your time’s up’!
Chhaya’s pleas for additional time were in vain. He kept persisting and many days later, was able to get another appointment... this time for just one minute. Chhaya got straight to the point, ‘Sir, I want to do to oil what you did to milk’. The great Kurian got irritated, ‘are you trying to tell me that I cannot do to oil what I did to milk?’ Chhaya humbly asserted, ‘Sir, it is under your mentorship that I want to do to oil what you did to milk.’
For the next 30 minutes, Kurian listened to Chhaya as he explained his ideas on making cooking oil easily and consistently available to the consumer by using the Amul model of co-operatives. Years after his death, Chhaya is remembered for having led the Edible Oil Project with the National Dairy Development Board... his project was 'Dhara', India’s leading cooking oil brand. 
Indeed, Dhara and its mover may never have made it, if Chhaya had not been able to explain his idea in a single sentence. Being able to unite the expansive plan into its focussed form enhanced the impact. In management terms, such an exercise to quickly and simply define is called an elevator pitch.
Elevator pitch is about sharing the idea in the time span of an elevator ride...  30 seconds to 2 minutes. Consider a scenario of an accidental meeting with someone important in an elevator. If the conversation inside the elevator in those few seconds is interesting and value adding, the probability of its further continuance will increase. Like it did for Jayant Chhaya!
Get straight to the point; do not beat around the bush...
‘Unite to impact’ with elevator pitch to get the right push!

- Pravin K. Sabnis
Goa, India.

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