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Through the looking glass

August 26, 2010 in Attitudes & Behaviours, Emotional Intelligence, Performance Management, Sales Management, Sales Training, Strategy

Through the looking glass was voted by you as the number 8  Sales Trend for 2010.

Many sales people are tired of being told that they need to sell like someone else to be successful.  Many are unsure of what they should be modelling.  Too often they are told to ‘just be like’ someone else but with no reference to what that actually looks like they are left poking around in the dark mimicking the ‘star’ performer and left feeling unauthentic.   And ‘big sticks’, bribes or fear don’t help either.

Most people, and especially sales people, want to be the best they can be but without having to be someone else.   Clearly defining what good performance looks like is key.  Here is a model we use at Barrett where we focus on three key areas:

The Three Dimensions of Optimal Performance

  1. KNOWLEDGE: General awareness or possession of information, facts, ideas, truths or principles.
  2. SKILLS & PROCESSES: A series of actions directed towards a specific aim.  The ability to do something well, usually gained through training or experience.
  3. INSIGHT: The ability to see clearly and intuitively into the nature of a complex person, situation or subject; a set of beliefs or a way of thinking that determines somebody’s behaviour and outlook.

Putting practical tools and processes into the hands of sales people and sales managers are an important step however, the first step is giving people insight into their own strengths and capabilities and allowing them to change from the inside out.   Seeing what is possible and being able to model their capabilities and attributes on top performers whilst retaining their own identity as a person is crucial.  Articulating exactly what that is by using the model above puts real content on the table.

With the product edge gone, the key differentiator will be your people.  In 2010 and beyond, enlightened leaders are focusing on understanding their people and helping their people understand themselves and what motivates and drives them.  They are taking note of how people think and make decisions.  Creating the best team for your business will be about how you play to your people’s strengths to achieve goals and fulfill ambitions.  Teaching people how to transform their capabilities, communicate more effectively, and how to manage their behaviours and mindsets are critical.

Gaining deeper insight into self and others is much more than just navel-gazing.  With proper resources and support, insight can be a life changing experience for people and can greatly enhance company success.  While for a number of years we have been focusing on skills and processes, we are now realising the importance of people and their role in business.  Enlightened leaders will be supporting their people in gaining deeper insight and more knowledge.

Insight means having Choices; working with clear Purpose; Self and Other Awareness; knowing your Capabilities; developing your Creativity; building Resilience; and Self Direction.

Knowledge means having a clear Strategy;  access to well defined Processes; good Information; Role Clarity; clearly defined Tasks; Standards of High Performance; Responsibilities; and the ability to make Decisions.

In addition to skills and processes, giving sales people access to insight and knowledge allows for the cultivation of sales wisdom because achieving sales mastery is about working from the inside out.

Remember everybody lives by selling something.

Author: Sue Barrett, www.barrett.com.au

Latest findings from the world of Sales Transformation

August 18, 2010 in Performance Management, Sales Leadership, Sales Management, Sales Training

I recently had the opportunity to MC and attend the Optimising the Sales Force Conference – OSF2010 which was the follow up to the inaugural OSF2009.  Building on last year’s success, this year’s conference was attended by over 120 high level sales leaders across Australia.  Once again I was privileged to be part of the panel of international and local experts presenting on this year’s topic, Sales Transformation.

This was the second time in Australia that we have had the opportunity to come together as a profession and share ideas and discuss important matters moving forward, and from the looks of it, we will be doing this again.  The feedback from our international sales experts was that this was one of the best forums in the world.  The quality of the speakers, content and discussions were of the highest standard.

Key topics included:

  • Global best practice to achieve sustainable sales transformation.
  • Great case studies on how to migrate your team to best practice performance and how to get a professional services firm to take on a proactive sales culture.
  • What the new successful seller looks like.
  • How to hire sales people who can sell.
  • Using CRM to enable smart learning.
  • Getting sales people effective before they achieve efficiency.
  • Sales 2.0 – a Google look into the future of customers, demographics, tribes, buyer behaviours, collaboration and communication.

Key highlights and messages for me were:

  1. In B2B sales, customer loyalty is heavily weighted to the experience a customer has with the sales person far exceeding brand, product and price value ratio.
  2. Selling has moved beyond solving problems and satisfying needs, it’s about transforming the lives of your customers – helping them achieve results and offering accelerants which take them to their vision of success.
  3. We are in ‘ideas’ businesses not ‘product’ businesses.
  4. We ‘lead people to a better place’ not ‘lead with product’.
  5. Sales transformation is a committed journey not an event.
  6. It’s the little things that count – put real tools and processes into the hands of sales people and keep it simple, accessible and applicable.
  7. Bring back the Sales Manager as trainer – we need sales managers who can train and coach; 3-5 hours per sales person per month is what is required to get sales people performing to better standards: Empower sales managers to get out from behind their desks and in the field working with their people.
  8. Take a laser approach to sales training not a cannon ball approach – most sales training normally fails because it fails to address long term learning and specific learning needs.  We need blended learning.
  9. Sales is about reaching better standards of performance not about ‘standardisation’ – too many large organisations try to control and standardise sales performance instead of giving sales people the responsibility to achieve higher levels of performance.  This requires thinking outside of the box, innovation and having a ‘challenger’ mindset – all of which are at odds with standardisation.
  10. The war between ‘Urgency and Importance’ – do we want our sales people to be firefighters or builders?
  11. Google’s perspective on the world of the user and the amazing views we can get from our buying and viewing habits – truly amazing presentation into the future of consumer sales.

One international speaker, an expat from Melbourne now residing in New York, said that Australia was ahead of the game when it came to connecting at a global level and understanding how to sell into different markets.  He stated that we tend to be less parochial and more worldly even if our footprint is smaller per head of population.  We seem to connect with more people more easily which of course bodes well for selling.  On the down side, it was noted by others that our ‘tall poppy’ syndrome did not help when we came to promoting role models and shining the light on the ‘best’ in the field.  We needed to honour our home grown talent and realise that what we offer here is note worthy.  We need to celebrate that Australia has some great role models and be recognised as leaders in the profession of selling.

I am looking forward to OSF 2011, hope to see you there.

Remember everybody lives by selling something.

Author: Sue Barrett, www.barrett.com.au

Collaboration – The New Competition

July 8, 2010 in Communication, Customer Service, Performance Management, Sales Leadership, Sales Management, Sales Relationships, Sales Skills, Success, Teamwork

The New Competition was voted by you as the number 7  Sales Trend for 2010.  Over the coming years, we will see collaboration become the new competition.  Markets around the world are crying out for collaboration as innovation and differentiation become scarce in a sea of commoditised products and services.

Sales people who see themselves as collaborators, both internally (colleagues, departments) and externally (customers, competitors), will prosper more than ever during 2010 and beyond.

A large 5 year long research study conducted by B. Rosenbaum, Business Horizons, entitled Seven Emerging Sales Competencies and published in Jan/Feb 2001 revealed what makes highly successful sales people.  His research, among other key findings, showed that the most highly successful sales people are indeed collaborators.  In his research of over 1,000 B2B sales people across 5 years he found that top performers:

  • collaborated with colleagues and did not allow competitiveness to get in the way of good business, and often assisted their colleagues in achieving their best by sharing ideas, information and resources;
  • orchestrated internal resources so as to benefit the company, its people, and the customers and their people;
  • invested time building collaborative, customer focused relationships inside their organisation;
  • created an alignment between the customers’ and suppliers’ strategic objectives;
  • looked to further the interests of their customers’ firms as well as their own;
  • expanded the customer’s understanding of what a business relationship can be;
  • built a flexible relationship that is responsive to marketplace changes;
  • creatively drew on the full resources of the firm or business;
  • introduced customers to other suppliers and potentially valuable support resources; and,
  • invested time building collaborative, customer focused relationships inside their organisation.

These findings are not new as you can see.  However these qualities are still seen, if they are seen at all, as a novelty by most senior managers which is a major risk moving forward in such changing times.  Rosenbaum’s research revealed that, sadly, the vast majority of sales managers were completely unaware that these and other distinguishing qualities were what made their high performing sales people highly effective and successful.  What he observed is that these sales superstars where acting and performing this way despite management.  They knew what they needed to do to get the results.  It’s such a pity that their managers did not.

As I wrote recently, many sales teams are still held hostage by old school sales management practices and outdated mindsets that encourage internal competition, league tables and the like.   Too many sales leaders are still stuck in the 1980’s with ‘greed is good’ and ‘carrot and stick’ philosophies which do not work in the long term and only serve to hold us back in a 21st century world.  Most sales rewards are still self serving, endorsing selfishness which is completely at odds with the new world of collaboration and our natural state of being.

Daniel Pink’s new book Drive focuses a big spotlight on this very issue – what motivates us.  He reports that what business thinks works by way of motivation is not what the science shows or the vast majority of people want.

Besides the commoditisation of products and services, Rosenbaum’s research, Daniel Pink’s findings, and other corroborating research, the advent of social media and the multiple levels of engagement we can now have with our clients, suppliers and key stakeholders means that we need to work collaboratively with each other.  And this collaboration needs to take place across marketing, sales, service, supply, production and finance if we are going to create the ideas and solutions needed for our success in the 21st century.

Those 21st century enlightened salespeople will be the conductors or connectors of viable and valuable relationships across many levels.  They will be open-minded, humble and astute, and they will see patterns of connection and synergy in many places.  They will recognise that we are all interconnected and without kindness and cooperation we cannot exist.  They will identify competency and harness talent to achieve effective solutions. They will know that they are working towards something larger than themselves.  And they will know that their success is a shared success they will celebrate collectively.

So we need to get with the program and rethink our approach to sales motivation, sales mindset, sales skills, sales rewards and teamwork if we are to remain viable in this world.  Collaboration calls for a team effort.  Sales teams where everyone is pitted against each other to achieve ‘top dog’ status will be replaced by a ‘lead team’ approach.  Companies that want to bring in new business and grow and develop existing customers will rely on the united hands of many – rather than just one.  Successful sales people of 2010 and beyond will leverage the power of collaboration over competition because they understand that relationships never work if they are forced and manipulated, and that the sum is greater than its individual parts.  Synergy and collaboration will prevail.

Remember everybody lives by selling something.

Author: Sue Barrett, www.barrett.com.au

Is internal competition eating away at your sales results?

July 1, 2010 in Attitudes & Behaviours, Culture, Ethics & Values, Performance Management, Sales Leadership, Sales Management, Sales Relationships, Sales Talent, Self Development, Strategy, Success, Teamwork, Value Creation

Many sales cultures are traditionally based on respect for authority, status and success, and encouraging competitive, challenging and achievement-oriented atmospheres. Although this is not true for all businesses, especially in the 21st Century! There are a growing number of businesses adopting more collegiate, lead team approaches. However, despite different types of cultures, sales performance and results are usually derived from the efforts of individuals. Harnessing those individual efforts to achieve synergy (the sum is greater than its individual parts) is a key task of management, yet so many get it wrong. Let’s take a look at one case study and see why.

What is wrong with the following scenario?

  • Sales team has great products and service proposition and is part of an international business
  • Sales team is made up of individuals who are measured on achievement of individual sales targets
  • Each sales person is given a base retainer but earns the vast majority of their income on commissions made from sales converted
  • There are a couple of high achieving sales performers, some average performers and some new sales people yet to prove themselves
  • Annual staff turnover of sales staff has been about 30-40%
  • Average tenure is 18 months
  • The sales team is a state team all working in the same city
  • Sales performance is purely measured on sales revenue results
  • Sales League Tables are on public display showing who is ‘top sales dog’ each week
  • The sales culture is based on respect for authority, status, success and competition
  • The workplace atmosphere is competitive, challenging and achievement-oriented
  • The sales people do NOT work to specific territories/markets or customer segments to manage and grow, instead it is ‘first in best dressed’
  • The competitive environment encourages sales people to fight over leads that come into the business leading to ‘bullying’ tactics, attempts to ‘outdo’ each other, squabbling and fighting over who got to that client first
  • Sales people ‘sand bag’ lists of clients just to make sure that the other sales people do not get them even if they themselves are not working on those leads at present
  • Management provide no selling skills training, no sales coaching, no sales support, no CRM, no documented sales strategy nor a ‘go-to-market’ plan
  • There are no formal sales management practices in place except for the weekly sales meeting which deteriorates into an ‘I’m better than you are’ bun fight

This is an example of lazy and ineffectual management. Only focused on outcomes with no regard for strategy, team structure, performance quality, clear leadership, staff retention, values or culture, this sales team is not geared for high performance and continues to lag behind its true potential.

Why create competition where it doesn’t need to be?

Why make selling harder than it needs to be?

‘Old school’ sales management said that you had to have sales people competing with each other or they wouldn’t sell. You weren’t a legitimate sales team if you didn’t have league tables. They said that internal competition would motivate people to sell more. Well they are wrong. The scenario above is not uncommon. It reflects an actual real life situation – happening right now.

This archaic approach doesn’t work. It’s outdated and old fashioned. If you want to generate real sales growth, try harnessing the energy, talent and ambitions of your sales people in a constructive way where they can all achieve their individual goals along with those of the company without trying to ‘kill’ each other in the process. Remember the old saying ‘a team of champions will not beat a champion team’?

Remember everybody lives by selling something.

Author: Sue Barrett, www.barrett.com.au

How do you create future sales superstars?

June 23, 2010 in Attitudes & Behaviours, Culture, Sales Assessments, Sales Leadership, Sales Management, Sales Skills, Sales Talent, Sales Training, Strategy, Success, Value Creation

How many of us entered our sales careers with our eyes wide open? Fully aware of what it takes to be an effective sales person – ably resourced with the tools, processes, plans and support essential to our success. Knowing full well what you were getting yourself into.

For most, if not all of us, our initiation into sales was nothing like this, and was cushioned with little or none of these luxuries. Does the analogy “sink or swim” resonate with anyone?

All of this makes the story I am about to share quite unique and refreshing. Recently, some rather clever and farsighted managers gave some very fortunate young people the opportunity to get a large glimpse into the world of selling.

Here is their story: Two senior managers from one company, both whom I have known and worked with for many years, had the presence of mind and foresight to think ahead and tap into the desire of some of their younger staff to advance their careers.

Their business is in the industrial equipment market where they sell new equipment, spare parts, service and rentals. Recently, they advertised for a new service sales person and received, amongst others, applications from several of their internal service technicians.

The senior managers took these applications very seriously. However, they could not appoint any of their internal applicants because they had no experience and very little idea about what it takes to be an effective sales person. Thinking about the future of their business, staff retention and the desire of these young people to advance their careers, the senior managers took it upon themselves to give these driven and ambitious staff the opportunity to really understand what selling is all about – so that they could one day go in into a sales role with their eyes wide open.

This is where Barrett came in. In discussion with the managers, we developed a one day session where these young participants explored topics like:

  • Why sales matters
  • The changing face of customers and what they really want
  • Ethics in selling
  • Missed and lost opportunities
  • Critical success factors, and key qualities of the 21st century sales performers
  • Olympics Game – our sales fitness and simulation exercise which tests peoples’ natural sales capabilities and gives them real time feedback
  • The sales essentials overview:
  1. 5 step sales planning process
  2. 4 step sales prospecting process
  3. 7 step sales communication process
  • Skills you can apply NOW to build your steps to being a sales performer

As part of the session, we pointed out that even if they were not currently in a sales role, there were still numerous, valuable things they could take from the session and apply immediately in their current roles. Skills, knowledge and insight that would (and did) serve them, their customers and the company well right now, as well as lay the foundation for when the time comes for them to knowingly and willingly step into a sales role. Things like:

  1. Knowing, understanding, communicating and modeling the vision, key message and promise, values and customer service ethic of the business
  2. Knowing how to make effective phone calls to clients, etc. – being clear about the purpose of their calls and how to position themselves confidently (this relates to how to make prospecting phone calls)
  3. Recognising and understanding different communication styles and how not to confuse different with difficult
  4. Knowing how to ask good questions to clarify and verify their understanding.

What was most impressive was the prolific note taking, questioning and genuine interest in really getting a handle on what it takes to be a great sales person. For me it was one of the most enjoyable and inspiring days I have had in a long time. There is nothing like working with people who really want to be there and be their best.

All the people I have shared this story with in the last month have all expressed the same wish – that they had had the chance to experience such a session before they became a sales person.

All credit to Cameron and Mick for having the wisdom to provide this opportunity to their team. I am sure that the benefits will be varied, significant and long-lasting.

Remember everybody lives by selling something.

Author: Sue Barrett, www.barrett.com.au