Collaboration – The New Competition

By / / 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 …

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Is internal competition eating away at your sales results?

By / / Attitudes & Behaviours, Ethics & Values, Performance Management, Sales Culture, Sales Leadership, Sales Management, Sales Relationships, Sales Talent, Self Development, Strategy, Success, Teamwork, Value Proposition & Value Add

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 …

Is internal competition eating away at your sales results? Read Post »

How do you create future sales superstars?

By / / Attitudes & Behaviours, Sales Assessments, Sales Culture, Sales Leadership, Sales Management, Sales Skills, Sales Talent, Sales Training, Strategy, Success, Value Proposition & Value Add

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, …

How do you create future sales superstars? Read Post »

Culture Fit

By / / Attitudes & Behaviours, Ethics & Values, Sales Culture, Sales Leadership, Strategy, Value Proposition & Value Add

Culture Fit was voted by you as the number 6 Sales Trend for 2010. What is Culture Fit? Well the first place you are likely to hear about Culture Fit is when you are recruiting for new staff or being recruited yourself. For instance, Culture Fit Interviews differ from Behavioural Interviews, in that the Behavioural Interview attempts to find out about the candidate’s behaviour, skills, knowledge and experience. Culture Fit Interviews generally do not try to determine the individual’s capability, but rather considers the candidate’s ‘cultural fit’ with the organisation, their …

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Is your sales effort built on a house of cards?

By / / Sales Culture, Sales Leadership, Strategy

Is your sales strategy and projected sales growth built on a house of cards?

For many start-ups this is the case. Their initial sales growth often comes off the back of an entrepreneur’s ideas and the hard work of a dedicated few who pitch in, take on multiple roles and tasks all the while promoting and selling the idea to more and more people. This works well in the early days where the team is small, communication channels are direct, everyone knows what is going on and is committed to the fledgling business’ success.

There’s lots of activity, lots of fun, lots …

Is your sales effort built on a house of cards? Read Post »

2010 Sales Trend #3 – Getting back to basics

By / / Sales Leadership, Sales Skills, Strategy

‘Getting back to basics’ is our 2010 Sales Trend #3 as voted by you, our readers. Despite the positive start to 2010 in Australia, especially compared to other post GST economies, we cannot forget the fundamentals when it comes to creating a healthy, viable sales team, culture and business.

One of the real challenges of 2010 will be keeping sales momentum while understanding how changes in customers, competitors, markets, innovations, media, technology and all manner of things will impact on our businesses and our people. Getting our heads around all this to find the right ingredients …

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Lead the way

By / / Communication, Sales Culture, Sales Leadership

In December 2009 we published The 12 Sales Trends of 2010 and invited readers to vote on what they thought are the most important trends in sales. Thank you to everyone who shared their views and voted. Each month we will explore one of the trends in more detail, starting with the trend voted as most important, Lead the Way. As voted by you, here are the sales trends for 2010 in order of importance:

1. Lead the Way
2. Everybody lives by selling something
3. Back to Basics
4. Social Sales
5. …

Lead the way Read Post »

Do you have the sales force your strategy needs in 2010?

By / / Sales Consulting, Sales Culture, Sales Driven Organisations, Sales Excellence Acadamy, Sales Leadership, Sales Management, Sales Strategy, Strategy

The other week I ran a webinar for SmartCompany.com.au on “How to clearly manage and measure your sales team”. During the webinar I was asked many questions, one of which came from a senior sales leader, “With some time to reflect over the Christmas break, what is the one thing I should focus on getting right for my business?”

Given that business as usual is not ‘usual’ anymore, I suggested the following:

1. Review your business and sales strategy

  • Do you have the right strategy in place?
  • What has changed over the last 12 months
  • How has your client mix changed? i.e. …

Do you have the sales force your strategy needs in 2010? Read Post »

What’s the right incentive scheme for my sales team?

By / / Performance Management, Sales Excellence Acadamy, Sales Leadership, Sales Motivation & Rewards, Sales Talent

Of all questions, this is the one that remains on the minds of sales leaders and executive teams. It is often the cause of more debate and angst than any other question in a business.

People search for the golden answer, however their quest will not deliver a definitive one because it all depends on what you want to achieve.

The current wisdom is that while there are ‘best practice’ frameworks for creating the ideal sales compensation or incentive scheme, it is not a ‘one size fits all’ approach.

While Remuneration Surveys can provide some pointers, they are not a reliable or accurate …

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Creating an effective sales performance management system

By / / Coaching, Performance Management, Sales Coaching, Sales Culture, Sales Driven Organisations, Sales Excellence Acadamy, Sales Leadership, Sales Talent, Success

Following on from last week’s article about managing and measuring the right things in sales, I thought it would be worth looking at some of the key principles for effective sales performance management systems.

The first place to start is to align your sales performance management system and subsequent key measures to your organisation’s strategy and goals. It’s then the job of the CEO and the Sales Leader to ensure the organisation (that means everyone else who supports the sales effort) is aligned to the sales performance management system. When this dimension is in place …

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