sales-leadership-management .

Are you adding value?

What is the purpose of a sales person? 

A good question to ask yourself or your team is what is the purpose of a sales person? If you’re only thinking about your company then you might say the purpose is to drive revenue to the business. I wouldn’t suggest for a minute that this isn’t part of the answer, but if this is the only answer then my suggestion is your positive revenue outcomes may be short term.

Money talks or does it?

 

Money talks

I’m half way through an interesting book by Daniel Pink – DRIVE! It’s very interesting and worth a read.

Daniel says the model of incentivizing people with money is outmoded and “rooted more in folklore than in science”.

My initial reaction to this (and I stress this is solely my personal opinion, it’s not based upon research) is “that’s just not right”. It just doesn’t align with what I’ve observed over many years in, and running sales teams. Money talks. (IMHO) – especially for the good reps.

Is my reaction biased because I’m a very coin operated person? Maybe yes. Maybe I’m an outlier to his research.

But then I realized that Daniel’s research wasn’t for salespeople, it was for the population as a “whole” (my speech marks).

Ok, so that may make more sense – I think sales people are different to the general population. That’s what often makes them sales people.

And maybe I should qualify this position even more –maybe my position is even better suited to hunters – the Bus Dev people! The “outside” team. And not so much (still is , just not so much) to “farmers”.

So, what am I saying?

Mood of The Sales Leader – Mid-Year Reflections

Indicator has gained some valuable sales industry insights over the past three years, having worked with over 250 sales leaders, collectively responsible for over $8 billion in revenue.

To support our anecdotal findings, we surveyed 138 sales leaders during the 2017/2018 year to compile trends for the latest Mood of the Sales Leader survey.

Now, at the mid point of 2018, here are our five main reflections:

How to make sales training work best for you 



So your sales team is not performing as well as you’d like them to. What can you do? If you’re like most sales managers, you will know that training is one of your biggest tools (beyond changing out people – but who says you’ll recruit  better this time!) to drive better performance, which is so often the key to how to improve sales. But how do you make sales skills training effective?

Energy, Effectiveness & the 4 Keys to Unlocking Your Sales Productivity

Sales effectiveness drives the world around – economy, business, and relationships.  

Business might be disrupted, markets may collapse, artificial intelligence may replace many jobs but a great sales person will always thrive. As a profession salespeople are brilliant at training and development with a long, proud history.  

In this article, we explore the next frontier through the lens of biology. We ask the questions: can we get any better at sales? What has been achieved in sports and elite combat teams over the past 30 years is startling. Shouldn’t we be striving for the same things – Faster, Higher, Stronger? But not only in individual performance, as a team. Consider the power of modern teams such as the All Blacks, Team NZ and Navy Seals.

Beyond Bounce

Presence, Flow and Eudaimonia 

As a young doctor, I saw that the medicine applied to save lives, might have another purpose.  Medical and biological sciences could be applied to improve and optimise life. The vision took me into Sports Medicine and then Resilience.

What is the Role of the Sales Manager?

Easy - the sales manager’s job is to drive their team to make sales. It’s that simple, right? Wrong. It’s big and it’s complex.

7 Top Tips for a Transformational Strategy Day

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How well is your team executing strategy and do they even get it?

The company away day workshop, done well, is one of the biggest value creators you can invest your executive team’s time in. How well are you leading and communicating your plan, what are your great wins, how well are your values providing a compass for guiding decision making, is there a positive culture and determination around your plans and budgets? These meetings are not talkfests – they’re discussions to get plan refinement, reinvention and most importantly - engagement.

To Test or Not to Test?

Many Sales people are recruited and managed by non-sales people.  Not surprisingly mistakes are sometimes made in the recruitment process. 

More often, a non-sales person thinks that “all salespeople are the same” and then fails to understand why the appointment hasn’t worked.

What's the CEO's role in generating revenue?

This is an interesting question as the answer is everything and nothing. Everything - because we are all, always, trying to sell more, find new customers or channels ; Nothing - in that the CEO needs the confidence to rely on their sales team to generate revenue, drive quarterly growth and replace lost or churning customers, but overall, grow the business with profitable revenue.

However, most CEOs don't have a lot of sales knowledge - or ability. Sales in many organisations can be looked upon as the sleazy, pushy, used car salesman type role in the company (for more on this read Daniel Pink's book, To Sell is Human), and most CEOs don't come from this background.

Why is this? The answer is relatively sensible. Traditionally, people without tertiary education, but maybe with “the gift of the gab”, have tended to get into sales. People don’t necessarily need formal training or skills for a sales role, and while this has made the path easier, the lack of education can be a disadvantage for progress to a general management role - especially in a corporate or bigger company.

Anyway, back to the story.

About Indicator

Indicator provides expert training and consulting for sales leaders and CEOs who want to transform their capability, performance and impact in the market – for their teams and organisations.

We bring together like-minded people and industry leaders through consultation, training courses and the Sales Syndicate – the monthly programme designed specifically for sales managers and sales leaders.