q

You are browsing the archive for 2010 August.

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

No Comments »

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

1 Comment »

Why you should stop trying to delight your customers

August 11, 2010 in Attitudes & Behaviours, Customer Service

Delighting customers does not build loyalty.  Reducing customers’ effort does.

These were the findings from a large customer service survey conducted by the Customer Contact Council (CCC), and featured in the July edition of the Harvard Business Review.  The survey’s aim was to get answers to three questions:

  1. How important is customer service to loyalty?
  2. Which customer service activities increase loyalty, and which don’t?
  3. Can companies increase loyalty without raising their customer service operating costs?

After conducting structured interviews with customer service leaders and a study of more than 75,000 customers, the CCC uncovered three findings:

1. Exceeding expectations during service interactions has negligible impact on customer loyalty

Of the 75,000 customers surveyed, they were more interested in how well a company delivers on their most basic and/or vanilla promises rather than being dazzled and having their expectations exceeded.  However, 89/100 customer service department heads had ‘to exceed customer expectations’ as their main strategy.  This is not new.  As I wrote back in June 2007, ‘Exceeding customers’ expectations?’, living by exceeding customers’ expectations doesn’t add up and ends up costing us more in the long term.

2. Service organisations create loyal customers primarily by reducing customer effort

In other words, helping customers solve their problems quickly and easily – not by delighting them in service interactions.  Given these findings, we need to reframe around making the customer experience easy.

5 ways to lower the effort and make it easy for customers:

  1. Don’t just resolve the current issue but head off the next one
  2. Address the emotional side of customer interactions
  3. Minimise channel switching by boosting self serve channel stickiness – 57% of complaints came from customer trying to resolve issues online but couldn’t
  4. Use feedback from unhappy customers to enhance issue resolution rate
  5. Empower the front line to deliver a low effort customer experience

3. Customer Effort Score (CES) tops the charts with the highest predictive power

In the customer service environment, Customer Satisfaction (CSAT) is a weak predictor of customer loyalty.  Net Promoter Score (NPS) is slightly better.

By decreasing customer effort to purchase you can get increases in repurchase, increase spend and willingness to tell others about their experiences.

The survey asked customers to rate how much effort they personally put forward to handle their request.  They were asked to rate on a scale of 1 (low effort to purchase) – 5 (high effort to purchase).  94% of participants reporting ‘low effort’ stated their intent to repurchase, 88% stated their intent to increase spend, and 1% stated their intention to speak negatively about the experience.  Versus 81% reporting high effort stated their intent to spread negative feedback about the experience.

Outcome: CCC advises that we should move from increasing customer satisfaction to decreasing customer effort.

Remember everybody lives by selling something.

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

1 Comment »

Five reasons to Mind Your Emotions®

August 6, 2010 in Attitudes & Behaviours, Emotional Intelligence, Self Development, Wellbeing Support Services

“Courage doesn’t always roar. Sometimes courage is the little voice at the end of the day that says ‘I’ll try again tomorrow’.”

This quote more often than not reflects my life as an entrepreneur, business woman, sales person, mother, partner and friend. On those days and nights when I feel overwhelmed and sometimes exhausted by all my responsibilities and commitments that little voice reminding me to ‘try again tomorrow’ keeps me focused on why I am doing what I am doing – it helps me to continue to cultivate my resilience, to continue to put one foot in front of the other, to make decisions and to keep on moving.  If I am ever in doubt, that little voice reminds me of all the other challenges I have mastered and that my track record speaks for itself.  Over the years I have learnt to trust that little voice and I have learnt how to mind my emotions.

However it wasn’t always that way. Beset with self doubt earlier in my career and often searching outside myself for reassurance and validation, I eventually understood that listening to my little voice and working constructively with my emotions, feelings and thoughts were invaluable life skills.  Developing emotional resilience and a deeper self awareness has supported me to better achieve my goals, communicate, work with, and lead people more effectively, as well as spring back emotionally after suffering through difficult and stressful times in my life.

Through much searching, reading, listening, practice, and self reflection I have come to understand that emotions are never right nor wrong, good nor bad, or correct or incorrect.  Emotions are simply pieces of information telling us how we are currently experiencing our world.  However, what we do with the emotions we experience can help or hinder us.

For instance the Cognitive Model is a psychological model that looks at the role of our Cognitions (our thinking) in influencing how we respond to situations in our lives.  Oftentimes, we may feel a situation has caused our feelings. These feelings can be good or bad, positive or negative. However, the Cognitive Model says this is not right.  Rather, it is the way we THINK about a situation and our interpretations of it that cause our feelings and responses. Therefore, it is our interpretation of a situation that triggers how we feel or respond, not the situation in and of its self.   This is not new either here is a quote from    Epictetus, 1st Century AD,  “Men are disturbed not by things but by the views that they take of them.”

Developing Emotional Resilience
The first step to becoming more emotionally resilient is the acknowledgment that there is room for improvement and taking the time to learn more about yourself.  The following behaviours and attitudes are some ways in which emotional resilience can be demonstrated and measured:

  • Have realistic and attainable expectations and goals.
  • Show good judgment and problem solving skills.
  • Be persistent and determined.
  • Be responsible and thoughtful rather than impulsive.
  • Be an effective communicator with good people skills.
  • Learn from past experience so as not to repeat mistakes.
  • Be empathetic towards other people (care how others around you are feeling).
  • Have a social conscience (care about the welfare of others).
  • Feel good about yourself as a person.
  • Feel like you are in control of your life.
  • Be optimistic rather than pessimistic.

Some Strategies to develop your Emotional Resilience
There are many strategies we can use to help us harness the positive power of our emotions. Here are a few for you to consider:

The Big 4:  7-8 hours of Sleep, Healthy Diet, Regular Exercise, Doing Fun Activities

Relaxation: Learning how to relax takes practice however two ways to start is to 1) use progressive Muscle Relaxation or 2) lie still in a warm, safe environment and play quite relaxing music or be in nature – sit quietly focusing on and experiencing pleasant sensory sensations such as the fragrance flowers or the twittering of birds.

Thought Stopping: As you notice yourself saying something negative in your mind, you can stop your thought mid-stream by saying to yourself “Stop”. Saying this aloud will be more powerful and make your more aware of your habit.

Thought Diary: Keeping a daily diary or journal of your thoughts can be an effective tool for examining your inner process.

Positive mantras & affirmations:  An affirmation is a positive thought or statement that you repeat to yourself and implant into your unconscious mind. A positive affirmation can act as the source of direction and inspiration for your present and future actions.  Once entrenched in your subconscious mind, a positive affirmation guides your thoughts and actions in a desired direction and can be used to overcome negative and habitual thought patterns in order to create shifts in your behaviour and actions at an unconscious level.  Positive affirmations can subtly but pervasively change your self talk from negative to positive.

Change Self-Limiting Statements to Questions: Self-limiting statements like “I can’t handle this!” or “This is impossible!” are particularly damaging because they increase your stress in a given situation and they stop you from searching for solutions. The next time you find yourself thinking something that limits the possibilities of a given situation, turn it into a question. Doesn’t “How can I handle this?” or “How is this possible?” sound more hopeful, and open up your imagination to new possibilities?

Meditation & Mindfulness: The purpose of meditation is to heal and transform.  Because meditation is a skill you can practice meditation anywhere at any time. In every moment you can chose to meditate.  The energy that crafts and guides the practice of meditation is mindfulness.  Mindfulness allows us to look deeply and move beyond the busyness of our mind.   It allows us to focus on an object with single pointed attention.  When mindful, we are focused and not distracted.

For ongoing emotional distress: We suggest people consider seeing a professional in psychology, medicine or nutrition to get a correct diagnosis and appropriate treatment.

Sadly, most people have never been taught how to positively harness the power of their emotions, feelings, thoughts and behaviours, however many of the tools we can use to do so have been with us for at least two thousand years.  And for too long business has ignored the positive power of emotions so here are some reasons why you should mind your emotions.

Five business reasons to Mind Your Emotions®:
1.    Healthier, more productive business relationships
2.    Better staff engagement, alignment and retention
3.    Healthy conflict management strategies which address the issues and don’t attack the person
4.    More effective leadership, team work, sales and service outcomes
5.    Less sick leave, stress claims

Five personal reasons to Mind Your Emotions®:
1.    Greater self awareness, insight and personal growth
2.    Ability to experience more positive emotions and less distress in our lives
3.    Ability to develop more productive attitudes, feelings and behaviours that help us achieve our goals
4.    Ability to be an effective leader, colleague, partner, parent, friend, team player, etc.
5.    Ability to better manage the effect of our emotions on personal / team performance, workplace well-being and personal happiness

Learning how to mind my emotions has allowed me to become more emotionally resilient and strengthened my resolve to achieve my goals and live the life I want to live.

If you want to discuss how to develop strategies to enhance your emotional resilience and make the most of your capabilities and the situations your find yourself in, let us know and we will see if we can help you directly or refer you to the best person for your situation.

Remember everybody lives by selling something.
Author: Sue Barrett, www.barrett.com.au

No Comments »