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LED Lighting Summit Buzz: Walking the walk with decision makers
Author: Tom Griffiths - Publisher
August 26, 2010... It's interesting when you arrange something like the LED lighting-focused SSL
Summit to see who's really ready to walk the walk, rather than just talking
the talk. Here you have an conference that's bringing in real facilities-oriented
decision makers that should represent somewhere between 200 and 300 million
square feet of commercially managed property in NYC, and that demands the "product
visible" companies to meet some basic quality criteria. Suddenly more than
a few of the hundreds of manufacturers that you see at the big lighting shows,
and in the news, seem to have cold feet. Time to walk the walk.
That's not to say that if a company isn't there that you should assume there's
an issue. There are plenty of great companies that are simply looking at where
the bodies have to be, and when, and not able to fit it in all into the schedule.
"Attend the board meeting or go to the Summit... hmmm. I'll just blow off
my investors, they'll understand," says the CEO (not). There are also more
than a few startups that simply have $XXX per month to travel on, and those
sales calls are already scheduled. Hey, we all have budgets, and the discipline
to live with them is one key to success. There are also the ones who haven't
heard about it (consciously). We have more than one industry friend who are
avid readers, must have the banners in their faces at least weekly, and that
reply with, "Oh shoot... I didn't notice the dates. Is that coming up in
just a few weeks?" The sign-up typically follows the next day or two, as
soon as they have the flights.
There will also be plenty of attending manufacturers that are bringing quality
to the market, but didn't choose to be in the sponsor's showcase or didn't get
in early enough to have a talk. Lack of product on display is not a measure
of whether they have a worthwhile product or not. Those are decisions to be
made about promotion and exposure. We all have our opinions on where and how
it's best to invest, and we'd all do things differently with an unlimited budget,
but no one in their right mind would ever give marketing an unlimited budget.
(Insert your favorite political diatribe on government spending programs here
for illustration...)
The companies that we find interesting are those big talkers that stormed
Lightfair with their "wide range of products" and "great performance",
who are suddenly confronted with the possibility of facing actual high-level
customers. "We're not quite ready to be there yet." Interesting. If they could get through to the decision makers at all, they'd be qualifying with just
the right words such as, "Looks good for availability this fall,"
when it could be rightly restated as, "If everything went smoother than
ever has happened, we can make one available to the labs for testing to see
if it comes close to matching what we put on our preliminary spec sheet." I guess that means, "Would look good for availability...". What I suspect they're hoping is that the only thing that will stick is the company name so they can get through again "when they're ready" and start things rolling for real. Good luck with that.
Again, don't
assume this is condemnation of anyone with a schedule slip versus expectations.
If you don't plan aggressively, you won't achieve aggressively, and quite frankly,
the only way you know you've gotten to the edge is to slip a bit and catch your
balance. Ask anyone in motorsports. You need to go to the edge to find out where
the edge is. The talent is in learning to hang on that edge without blowing
out of the corner. That's why many, many entrepreneurs have a failure in their
past. It's how they learned to do it right (and faster) this time.
So who will you find there? Winners. Not the only winners, but a good representation
of companies that are offering competent solutions. All have made mistakes,
I am sure, with some of those mistakes being visible and others having escaped
the light of day. That decision making audience will also be made up of winners,
whether they are designers, consultants or engineers, or personally managing
a few million square feet (let's see... 2M sqft x $50/sqft rent makes a tidy
little $100M business they're running with an equivalent market cap of a quarter
to a half billion). Winners will also be there in lower key ways, even if their
product isn't yet to the point they want to shine the kind of spotlight on it
that others might. They're winners because they're working to engage with other
winners.
Special thanks to our 2010 Summit NY and Series supporters, including diamond
sponsors Lithonia Lighting and LEDnovation. Platinum sponsors include Wiedenbach
Brown, Greenlight Initiative, Toshiba, Graftech and Array Lighting. This year's
showcase participants also so far include Gold sponsors CRS, Cree, and Philips
Lumileds.
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Don't miss the SSL Summit Series, kicking off September 14-15 in
New York City, conveniently located on Manhattan in the financial district.
It's all about quality, so if you are a luminaire manufacturer that would like
to connect with some of the top lighting decision makers in the area, you won't
find a more efficient two days during this year. Any luminaire manufacturer
receiving product visibility is being vetted for basic quality criteria, but
if your company doesn't quite have those LM-79 reports and datasheets all matched
up yet, fear not. You're absolutely welcome to attend for the top-level networking
and "how to get it done" discussions that can make it even more critical that
you find your way there. Visit www.SSLsummit.com
for series details, or jump directly the NY overview here.
Source/Type:
Solid State Lighting Design LED Lighting News - Editorials
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