Based on the economic data you’ve provided me, I’ve analyzed the problem you’re facing. There’s one critical piece of information I will require a month from now: your assessment of the likelihood that National will choose to pursue this research opportunity (see Exhibit 3).
At the current time, I recommend that you begin collecting information in order to help make that final assessment. I also recommend that you make this information-collection activity an organization-wide effort. (Here’s a Web reference to some information you might find of use with regard to this.) Who can tell what member of your staff might come across a relevant piece of information concerning National’s intentions?
In addition, please note that – whatever your own final decision – you will always be better off if National chooses to be "out" of the race rather than "in," and National will be most likely to choose to be "out" if they consider it likely that you are "in." This provides several opportunities worthy of consideration:
A month from now, be sure to take your own assessment of your success (in whichever of these activities you choose to engage in) into account when assessing the likelihood that National will be in the race.
Finally, be aware that National might well be attempting to gather information concerning your intentions, or trying to seek confirmation of information you’ve chosen to leak (see Exhibit 2). Remember: Loose lips sink ships. (In case everyone on your committee is too young to recognize this last slogan: It dates back to World War II.)