The Right Hires. For the Right Jobs. Right Now!

November 25, 2010

To improve sales consider your company’s culture

Who Moved My Seven Effective Good to Great Cheese Habits?

By Mark Faust

Every week a new book hits the shelves touting the “new” idea in management and “new” wisdom for business. Regarding the processes of business, human nature and true wisdom, nothing is new under the sun, just as that phrase dates back to Solomon.

"Stop looking to faddish books at start looking to your sales team."

Instead of looking to faddish books start looking to your sales teams.

Stop looking to faddish books and start looking to your sales teams.

True innovation revolves around where your focus lies, how unique your solutions to customers are, and how you define, promote and deliver the value you have to offer.

One of the best places to begin your accelerated growth fueled by innovation efforts is by listing and prioritizing your top constraints. You can begin by asking questions like:

1. Where are our greatest untapped sales growth potentials, either existing or specific new customers or both?

2. What do we need to improve to make more sales?

3. What are the top risk factors existing in our business in need of improvement?

…that said one of the simplest ways to ask your team about innovation opportunities is to just ask this one simple question:

• What are this company’s biggest problems that hinder our growth or salesforce?

Great question, but be ready for the answers. Oftentimes the top constraints to growing a business lie in its culture, talent management and talent engagement.

Talent engagement represents the extent to which the workforce identifies with the company, is committed to it and provides discretionary effort so that it can be successful. Engagement is a key leading indicator for high performance workplaces, improved employee productivity and subsequent turnover.

Often while top management is looking out the window into the marketplace to find the levers of growth, the linchpin to growth may be inside the heart of the organization, your people.

Innovation efforts should be holistic and involve improvements in how you serve your internal customer as much as how you might improve your products and services to your external customer.

If you are committed to growing the company through accelerating your efforts in innovation you must focus on the people within your company and work on ways to get and keep more internal customers. And no one has more impact on the talent and employee engagement of a company than the top echelon leader. As long as he or she is humble, innovation can begin. “Humility is the sire of all virtue” especially creativity.

An often ignored area frequently in need of improvement is the sales teams culture. Often a company culture is set by the attitudes and character of the top leader. The strength of a leader’s character can sometimes be the flip side of their weaknesses. One who is patient and a great listener may be slow to make a decision and hard charging visionaries can often be poor listeners and not focused on the people. These weaknesses tend to trickle down into the behaviors of the teams and ultimately build into the culture weaknesses that can become abrasive to both customer and employees.

When the answers to the “biggest problems” question are things like “no one around here appreciates…” or “the company tends to tolerate (fill in a negative term)” then you know you have to work on improving culture.

Two steps to improving culture are:

1. Ask your sales teams for ideas around, “What would make this company a better work place?” or “What would make your job more fun, or you more excited about coming to work?”

2. Put in place a character recognition program where you recognize people for good character qualities.

August 22, 2010

Bad customers, salesforce or products? How to improve selling by getting rid of the idiots

By Mark Faust

My son worked for one of the world’s top dog handlers who taught him one of the keys to her business success. When she was asked for what was a top strategy for continually growing her business, in a heartbeat she quipped; “Get rid of the idiots!”

Who are “the idiots?”

Anyone who robs your intended customer from any part of the value your business is meant to deliver is in this woman’s mind “the idiot.” This could be your worst customers, poorest performing salesforce employee, and even the poorest performing products or methodologies of your business.

We’ve all heard it many times, someone complaining about their “worst customer.” Frankly most businesses would have no problem listing out their top 20 worst customers. These customers don’t only cost your business profits by being high maintenance, they cost you business and profit in a myriad of ways. They are probably bad mouthing you and thus costing you potential referral business or lowering your salesforce’s closing ratio in their geography.

Improving Sales

Improving Sales

The “worst/idiot” customers probably negotiate the lowest margins and worst yet, they probably rob your sales and service teams a load of valuable selling and service time that other more valuable/profitable customers are warranting. Ultimately the idiots cost you valuable sales time and an exponential amount of growth potential.

There are also idiot products and services. These are the hardest to deliver, lowest profit margin dogs that are legacy products that should have been abandoned long ago. Yet because of the lack of a strategic abandonment process in your company or because of a nostalgic yearning for yesterday’s product and people, these profit drainers are still around.

Most companies also have “idiot” sales performers, teams, or employees who deliver abysmal performance or walk out horrid character traits, and thus your company is suffering a tremendous drag. Jack Welch grew GE for many years with significant results from firing the bottom 10% for a period of many years.

Here is a three step strategy that can help you “get rid of the idiots.”

1. Have every sales rep list their “worst customers” based on profitability, pain or overall “drain.”

2. Conduct topgrading throughout your salesforce team and employee base; A performers, B performers and those who ideally you’d like to replace…for whatever reason, but especially for poor character and poor selling performance.

3. Make a list of all products, processes and protocol in your company that if you were beginning anew, would not make the cut in today’s environment

Now create teams for each of the above lists. Strategically “fire” your idiot customers who cost you growth and who rob your intended ideal customer market. If you are afraid to make the step, just do it with a fraction of the idiot customers, choosing only the worst of the idiots and watch closely what happens in those territories.

Next, closely consider who you could replace with better talent. This current economy presents one of the greatest employer markets for finding and hiring top talent. It is almost impossible for companies with a salesforce of more than 20 people to replace the bottom 2 and not make a marked improvement in production.

Finally consider all of the worst products, services and procedures of your company and have teams systematically eliminate and replace as many as you confidently can. This is a heart of continuous improvement, innovation and profit improvement.

Great opportunity abounds for the companies who aren’t afraid to fire the idiots and focus on their ideal customer. With your ideal employees and your best products and services this is the market in which the “idiotless” will thrive.

September 9, 2009

New SalesForceNow! Blog will help you improve your Sales Performance!

Filed under: Uncategorized — Tags: , , , , , — rdorazio @ 3:19 pm

Welcome to the SalesForceNow! Blog. Our goal is to provide you, the reader, with valuable relative content to help improve your Sales Performance.

Many sales teams are challenged with generating more sales with less resources so they know it is critical to maximize sales performance with the sales team they have.

We’re looking forward to providing readers with valuable insights relating to Sales Performance.   The scope of this blog will be three fold around the critical areas that affect Sales Performance:  how to attract & retain the right sales talent,  how to develop, train and motivate your sales force and sales management, tools and best practices.

We believe this blog will help you with sales performance tips and practical ideas you can use today. You will find contributors who are experts in areas of sales performance who have a passion for what they do. We hope to build a following and develop credibility with Sales Professionals interested in improving their Sales Performance!


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