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The anti-PPT-Christ himself, Edward Tufte, recommends written prose, especially for technical presentations where you are trying to transmit a lot of information.
Hand out the paper at the beginning of your presentation, and the slides can then highlight certain things in the paper, and the audience can follow along and mark things in the paper as the presenter goes through them. I've used this style successfully, though it requires a bit of commitment and forethought (as any good presentation does, cf. the stories of Jobs's endless rehearsals).
One problem I have with PPT presenters is that their own thought process tends to be shaped by the bullet-point style of PPT, when they compose their presentation directly in PPT, and I think that limits how well they can think about an issue.
PPT should really just be a shallow, cursory representation of a much deeper presentation of the subject. That's not surprising, because PPT is a selling tool, not a high-bandwidth, high-precision transmission channel.
--Andre
Yes and No. I'll explain. I generally agree but some discussions are more strategic and visual in nature so A few well-placed and well done visuals can be entirely sufficient for the task at hand.
Andre is dead on with presentation of analytic results. Usually we have a summary slides of what a typical customer may look like to a client. Then in an Appendix we have the supporting detail. That way the business manager is happy since he sees the "key takeaways". And the technical staff wants to pore over the details and double check the methodology or look for any interesting anomalies.