May, 2009
In This Issue

  • Step One To Extraordinary Coaching (2nd in a 4 part series)
  • An Unprecendated Opportunity For Growth 
  • Published Articles - - - - - - - - - - - - - - - - - - - - - - - - - - - - -  
    Step One To Extraordinary Coaching

    I'll never forget the sales training and guidance I received from Al, my first sales manager. Fresh out of college, and eager to start my first job, I walked into Al's office on Monday morning and asked him when we would get started with my training.

    Al looked at me with sympathy and understanding, handed me a thick, white binder stuffed with brochures and product information sheets, leaned back in his chair and said, “Steve, I'm going to tell you what my first sales manager told me - “If you want to learn how to swim, there is no quicker, better way to learn than to jump right into the middle of the lake. Here is your binder with all our product information. Now, go get ‘em, tiger!”

    I soon figured out that Al wasn't really a sales manager, and he certainly wasn't a coach. What I needed at that time, since I knew absolutely nothing about sales, was a good coach. So, what could Al, as my sales leader, have done to act like a good coach for me?

    Teaching Fundamentals

    First, besides providing some basic information about the company, and some product knowledge, Al could have assumed the role of a teacher. He could have taught me some of the fundamentals of selling. The ability to effectively teach the fundamentals of any discipline is a common, requisite skill of all good coaches.

    In complex sales, selling fundamentals should include how to prospect for new business that fits the profile of a profitable relationship for the seller, how to qualify sales opportunities, how to efficiently perform the work that must be done to move opportunities through the sales funnel, how to close sales opportunities and how to effectively manage established relationships.

    Teaching Is Reinforcing - Continuously

    Sales leaders who want to become good coaches must do more than teach fundamentals to their sales teams. Once the leader teaches selling fundamentals, and the logical steps in the process used by the sales team to generate sales, the knowledge and skills must be absorbed by the sales professionals and used in their everyday selling activities. New skills and sales methodologies must be practiced by team members and reinforced by the leader.

    One of the most important things all good coaches recognize is that practice doesn't make perfect – only perfect practice makes perfect! Good coaches know that even world class athletes must practice the fundamentals of their sports throughout their careers. Superior performance in any discipline is the direct result of continuous, perfect practice.

    Once the sales team understands and grasps the fundamentals, and appreciates the necessity for and value of perfect practice, the sales manager, as a good coach, must reinforce the practice of those fundamentals until successful execution becomes an integral part of the team's DNA. The goal is continuous, incremental improvement, much like the goal of “lean” strategies and Kaizen, as practiced by manufacturing companies worldwide.

    Sales leaders who are good coaches know that teaching and reinforcing, the cornerstones of effective sales leadership, is a never-ending process. Sales leaders who are also good coaches are hard to find. It's even harder to find sales leaders who have grown in their profession to become great coaches.

    Next month we will explore the prerequisites of great coaching and how front-line sales leaders can learn and employ the skills of great coaches.

    Tell us what you think

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    An Unprecedented Opportunity For Growth

    The rush to cut costs and to bring expenses in line with stagnant or shrinking revenue, is a reasonable response to the economic risks that lurk in every corner of this difficult, unpredictable economy. This same tough environment, however, offers business leaders an unprecedented opportunity to position their companies for growth in a new economic era.

    In a recent interview at Harvard Business School, professor Lynda Applegate expressed her views on growing business in a difficult economy. She advises executives to think growth instead of thinking only retrenchment.

    Retreat Isn't Surrender - And It's Not Victory

    Today, r
    etreat as a tactic to mitigate risk is appropriate, and it also offers an opportunity for executives to rethink their value propositions, the evolution of markets, business processes and organizational structure. So, with stagnant and declining revenue among the most negative consequences of this mega-recession, why not start rethinking the organizational structure of the sales group?

    Since revenue generation is the primary responsibility of the sales department, it makes sense to craft a strategy that positions the sales organization as battle-ready to compete vigorously when the economy improves and when customers are again ready to buy and invest in their businesses.

    Control – Profits – Growth

    Now is a great time to apply the tenets of sound management to the sales organization. Senior executives have an opportunity to get control of the sales group, position the team to generate profitable revenue and prepare the selling organization for growth.

    Getting control of the sales organization begins with ensuring that the right people are on the bus, sitting in the right seats, and doing jobs best suited to their talents and abilities. Successful execution of the company’s revenue strategy requires that only the right sales professionals and front-line sales leaders remain in the sales department. Human Resources or outside consultants may be utilized to critically evaluate the strengths and weaknesses of individual sales professionals and sales leaders.

    When executives are satisfied that they have the right team in place to execute their sales revenue strategy, it’s time to arm the front-line sales leaders with the knowledge and tools they need to lead, coach, reinforce, measure and monitor individual and team performance. Effective front-line sales leadership will be an integral component of growing revenue and profits.

    As the economy begins to expand, customers aren’t likely to soon forget these tough times, and sales professionals will find themselves dealing with cautious customers who demand greater value than ever from sellers. It will be critical to provide sales professionals and leaders with business acumen training and advanced selling skills that support the generation of profitable revenue and customer loyalty.

    No Company Has Ever Shrunk Itself To Greatness

    When a company is in survival mode, anything short of annihilation is perceived as a victory of sorts. Growth, for a myriad of reasons, isn’t a luxury – it is a cost of staying in business.

    When senior leaders plan for, articulate and implement growth strategies that their employees embrace, survival is expected, and employees are likely to anticipate thriving in a company poised for growth as the world economy improves. This approach is also sure to attract top talent who will be eager to join a forward-thinking company with clear objectives and a sound plan for growth.

    The key to future growth and success, as professor Applegate explains, is to resist the temptation of focusing only on retrenchment. Planning for growth may be difficult in this economic milieu, but now is a good time to start planning and implementing growth strategies. As General George Patton once said, “A good plan executed today is better than a perfect plan executed at some indeterminate future date.”

    T
    imes are tough, and it’s time to think growth.

    Tell us what you think

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    Published Articles and Webcasts

    Interested readers can access additional, current Selling Up articles and webcasts on some notable websites, including CustomerThink.com and CustomerManagementIQ.com. These websites focus on customer management and offer compelling articles and commentary written for E-Suite executives.

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