Business

The Time Is Now

Issue 124

Events create energy, possibility and commercial optimism. They also consume huge amounts of time and money.

Yet many organisations unintentionally sabotage the very opportunities they invest to create. Dr David Cliff explores why sales interest decays faster than most businesses realise – and why rapid follow-up matters.

Businesses spend thousands each year attending conferences, trade shows, exhibitions and networking events. These events undoubtedly have value. They expose organisations to new ideas, create strategic conversations, strengthen relationships and allow people to discover solutions they may never previously have considered.

Yet there is a hidden problem quietly operating beneath the surface of many business development activities.

A significant proportion of organisations unintentionally waste the very opportunities they invest to create. It is’nt because the events are poor, nor because the products or services are weak, not even because the conversations lacked promise. The problem often emerges in follow up processes.

I have increasingly become interested in what might be called the “half-life” of commercial interest.

Borrowed loosely from nuclear physics, a half life describes the period over which a substance loses half of its radio-activity. Commercial 28 June 2026 opportunities are obviously not radioactive materials, but the metaphor may nevertheless help explain a recurring problem in business development and sales follow-up.

“Decay” occurs in:

Interest.

Enthusiasm.

Urgency.

Memory.

Momentum.

And it often happens far faster than many realise.

Research highlighted through Harvard Business Review found that organisations responding to leads within an hour were dramatically more likely to achieve meaningful engagement than companies waiting longer.

This matters because events create temporary psychological states.

During exhibitions and conferences, people become stimulated by possibility. Conversations generate optimism. New ideas emerge. Problems appear solvable. Strategic imagination expands.

But once people return to ordinary operational life, reality reasserts itself quickly. Emails accumulate, meetings intervene, operational pressures return and most importantly attention fragments and energy dissipates.

The event no longer occupies centre stage psychologically.

Many organisations underestimate this transition.

There is also another issue at play. Sometimes conversations themselves create a sense of emotional completion without any genuine commercial progression occurring. The interaction feels productive and meaningful, yet no structured next step follows with despatch.

In effect, we can easily begin to confuse “social energy” with pipeline progression. The “Buzz” of human connection and possibility can too often transcend the realpolitik of the urgency of need for working on further engagement and move towards real outcomes.

Good events remain enormously important. However, events should perhaps be viewed as the beginning of commercial acceleration rather than the conclusion of it.

The organisations that appear most effective operationally are often highly disciplined in this respect. Follow-up activity is scheduled rapidly. Lead ownership is clarified immediately. Prospects are categorised by urgency and relevance.

By contrast, many organisations return from events exhausted, overloaded and operationally distracted, and with little thought out infrastructure the follow up.

By the time contact is finally attempted, the emotional warmth and immediacy generated during the original conversation may already have evaporated.

At that point, the organisation is often no longer continuing a warm discussion.

It is effectively reintroducing itself.

Perhaps the real question businesses should ask after every event is not:

“Did we enjoy it?”

or even:

“Did we make contacts?”

But rather:

“How quickly did we convert temporary interest into sustained momentum?”

Because in business development, as in physics, timing matters.

www.gedanken.co.uk

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