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 Trendletter > October 2006
 
The Trendlines Group — October 2006 Trendletter
Vol. 8  No. 10 October 2006
FROM THE TOP: Quiet Please
Twenty-some years ago Eliezer Lerner, a retired senior officer at Bank Leumi, gave me some simple advice that I have always remembered. I was young, and moving from the Bank's branch in Chicago to the head office in Tel Aviv. Lerner said to me: "When you get to Tel Aviv, you will find that there are many things there that you do not like or that could be improved. But, for your first 30 days on the job, keep your mouth closed and listen."

Over the years, the wisdom of this comment has never faded. On the contrary, I see it demonstrated (in the negative) frequently. How many times do we see bright, enthusiastic new employees telling us what we are doing wrong -- on their first day on the job? And how do we feel about their comments?

Of course, this advice does not just apply to new employment situations, it really applies to any new situation that we are thrown into.

Why is it so important to "just listen" during those first days? As bright as we might be, we never know as much about the situation -- including facts, background, internal politics -- as those who have been involved a long time.

During those first days, we don't really know or understand the interpersonal dynamics, so don't know whose toes we are stepping on. We don't necessarily even understand the roles of all those listening to our wise suggestions.

It is unlikely that our audience will give our comments much credence in those first days; we first need to build up some credibility and develop the relationships that will cause people to want to listen to us.

So whether in a new job, a new project team, a job interview, or a sales call, and as tempting as it is in those first meetings/days/encounters to demonstrate our wisdom and ability to solve all the problems on the first day, my advice is "keep your mouth closed and listen."

Steve Rhodes, Chairman
See the From the Top
archives.

PROGRAM ANNOUNCEMENT: The Trendlines-Technion Global Strategy Consulting Project
If you are forward-looking and future-focused, then the Trendlines-Technion Global Strategy Consulting Project presents an exciting opportunity for you.

This 9-week graduate-level course (fall/winter '06/'07 semester) brings together the business and academic communities in a unique environment.

Participating companies receive hundreds of hours of high-quality market research and analysis, marketing consulting, business development, an added-value strategic ("go-to-market") marketing plan, and initial strategic partner contacts.

For more information, contact Tina Ornstein (ext. 120) or Naomi Alper (ext. 111) of the Trendlines Group at 04 958-3323, or Prof. Avi Fiegenbaum at the Technion Strategy Laboratory (052 261-3360).

WORKSHOP ANNOUNCEMENT: CE Registration of Medical Devices --
A Hands-on Workshop (
October 17, Herzilya Pituach, Israel)
In cooperation with The Trendlines Group, MedicGuide Ltd. is sponsoring a one-day, hands-on workshop that will teach and practice the steps and principles involved in submitting an application and preparing a technical file for CE approval of medical devices. The workshop will be held on Tuesday, October 17, 2006, at the Sharon Hotel in Herzliya Pituach

Participants will acquire the skills necessary to handle the CE registration process for medical devices in-house. It is geared to managers of start-up companies and regulatory managers.

MedicGuide is a dynamic CRO (Contract Research Organization) with years of experience in guiding its clients through all stages of drug and medical device approval.

For more information, contact Dr. Yoram Rubin of MedicGuide at 04 834-2155.

ORIGINAL ARTICLE: Boutique Wineries Go Mainstream
Marketing Communications Consultant Karen Kozek looks at how small Israeli wineries are making a big splash internationally.

PROGRAM ANNOUNCEMENT: MEDICA (November 15-18, Düsseldorf, Germany)
Make the most of your MEDICA experience with expert help from Trendlines. We have a proven track record in assisting Israeli medical device companies expand their markets.

Through our attendance at MEDICA, we can help your company maximize opportunities at the conference by --

• Setting up meetings with qualified parties prior to the conference
• Accompanying you to the conference and meetings
• Developing or reviewing your marketing materials for the conference
• Representing your company, if you are unable to attend, by "walking the aisles,"
gathering information, and meeting with clients on your behalf

This year's MEDICA is November 15-18 in Düsseldorf, Germany. Last year's show drew more than 137,000 people from 100 countries. With more than 4,000 exhibitors from 62 countries, MEDICA is the world's largest medical device exhibition.

For more information about how we can help you make the most of MEDICA, contact Maura Rosenfeld at 050 877-7012.

PROGRAM ANNOUNCEMENT: WolfBlock/Trendlines Annual Venture Conference (December 7, Philadelphia, Pennyslvania)
We are pleased to announce the 3rd Annual WolfBlock/Trendlines Israel Venture Conference in Philadelphia, Pennsylvania, on December 7, 2006.

If you are an Israeli company involved in the life sciences, information technology, or security, this venture conference is an opportunity you won't want to miss.

You will have direct access to dozens of venture fund representatives, angel investors, and corporate investment and business development executives -- all of whom are specifically interested in business and investment opportunities in Israel. Last year's conference attracted 90 investors.

Building on the success of last year's event, this year's conference is going to offer even greater opportunities for presenting your company, both formally and informally, to targeted investors.

Registration closes November 16, 2006. Participation is limited to 25 companies. For details, contact Trendlines' Tina Ornstein (04 958-3323, ext. 120) or Maura Rosenfeld (050 877-7012).


SAVE THE DATE: January 15, 2007
As a follow-up to the very successful MarketReach America seminars on reimbursement that they led in Israel and Baltimore earlier this year, Lynn Shapiro Snyder and Robert Wanerman of Epstein, Becker & Green will be conducting another seminar on January 15, 2007, in Tel Aviv.

Lynn and Robert will be exploring a series of hands-on case studies on real-life reimbursement, coding and coverage issues faced by medical device and pharma companies seeking to penetrate the U.S. market. The seminar will also explore the connection between a company's reimbursement strategy and its fundraising efforts.

This MarketReach America event will be co-sponsored by the Maryland/Israel Development Center and the Life Science Industry section of the Israel Export & International Cooperation Institute.

Watch upcoming Trendletters for conference details. For additional information, contact Tina Ornstein at 04-958-3323, ext. 120.

Clients in the News

Changes at BOS
Growth in sales for Dmatek ...
Hydro-Industries in the news ...
OTI and Chevron and OTI in Turkey ...
FDA approval for Perrigo ...
Sol-Gel raises $7 million ...
An office in Taiwan for Tehuti ...


Meet with Our U.S. Expert
Mark Dollinger, president of Trendlines America, will be on a working visit to Israel the week of October 22. To arrange a meeting with Mark, or to learn about how Trendlines can assist with your U.S. business development, contact Maura Rosenfeld (050 877-7012).

©2006 Trendlines International Ltd. All rights reserved.
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