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Generate
momentum to increase sales, promote growth
by
Dan Kuschell
The
majority of business organizations have a great foundation, talented
people, get good results and see promise for business growth. Yet a
select few businesses are pulling ahead of the competition by increasing
sales figures, expanding the business in record time and helping their
employees maximize their productivity. What sets the select few apart
from the majority? The organization’s momentum.
Momentum
is the ability to get your new hires working smoothly with your veteran
employees so that everyone onboard is working toward the same goals and
vision at the same speed. To put it in a different perspective, think of
your company as a boat and your employees as the rowers. If just one
person doesn’t row in sync with the others, your boat will soon get
off course. In a corporate setting that could mean slower than
anticipated sales growth, fewer satisfied customers, or even lower than
expected profit margins.
While
the immediate results of not having momentum may not always be
detrimental to your company’s success, they add up as the sales
quarters pass. Talented employees will eventually leave to pursue
opportunities with companies that possess momentum, which will then
prompt customers to take their business to organizations with a better
marketplace position. The end result is an eventual long-term loss of
profits that could devastate the business.
So
whether your organization is large or small, your ultimate goal is to
create business momentum so all your employees work together to
continually meet and exceed the company’s goals. Here’s how it’s
done.
Phase
one: Creating momentum
Clearly
define your business objectives
What specifically do you want your business to accomplish this month,
this quarter and this year? As you determine this, be as specific as
possible. Simply saying that you want to increase sales by year’s end
gives your employees nothing concrete to strive for.
Instead,
use specifics, such as “increase sales by 200 percent,” “bring in
five new customers a month,” or “generate $40,000 in weekly
revenue.” Make sure your new hires and current employees are aware of
these goals.
Get
your team’s attention
Be bold with your announcements so you can paint a colorful picture of
what will happen in the future as a result of a new commitment, strategy
or expansion. As you explain your goals for the company, let your
actions speak louder than your words.
Demonstrate
that you’re committed to working with your employees (contrary to the
idea that they are working for you). Sitting behind an executive desk
being important is no way to build loyalty and trust with your team. Get
in the trenches with your team and guide them with suggestions right on
the spot. How would your sales force feel about you if they knew you
were “one of them” and willing to support them in their success?
Phase
two: Advancing momentum
Create
an all-star team environment
In business, we are judged by one thing and one thing alone – results.
Your new hires have to see the results veteran employees attain, while
veterans need to see the unique approaches and enthusiasm new hires
bring to the mix.
One
way to accomplish this is to build a “Wall of Fame” for your team.
Every few hours let your employees post their own numbers and/or
accomplishments.
As
you implement this, track the accomplishments of new hires and your
veterans separately. You don’t want your new people beating themselves
up by comparing themselves to the veterans while they are still
learning.
Offer
praise and recognition
Every employee wants to feel special and wants to know that he or she
truly matters in the big picture. Give your employees a pat on the back
or even a simple thank you for any sale they make.
Anytime
a new person makes a sale, give him or her public recognition in front
of the entire team. If you run a nationwide organization, you can do a
voice mail broadcast, fax broadcast, e-mail broadcast or even a
nationwide conference call announcing the success of your team.
When
you do this consistently day in and day out, the majority of your
organization will strive to get the recognition more than the sale.
Phase
Three: Maintaining Momentum
Provide
long-term training and support
Set up an ongoing training regimen for your team. You can do the
training in small blocks of time throughout the week. An effective
training regimen is to devote one hour per week to covering different
aspects of the business in a group forum, and then one or two 15-to-20
minute small group training sessions per week that cover specific
selling strategies.
As
time and budget permits, you can add seminars with special guests,
professionals and experts who can offer an outside perspective.
Another
long-term option that works well is to put together a newsletter for
your team. Nothing inspires people more than seeing their name in print.
Invest the time to continually train your sales force. They are one of
the best assets you’ll ever have.
Develop
leaders
Throughout the momentum process, give your veteran employees a bigger
picture of the company’s goals. Then, encourage them to take the lead
and mentor newer employees so everyone can achieve the goals together.
Another
great way to build new leaders is to have them help you formulate and
present some of the training material. As they get better, you can give
them more responsibility for the training until you trust them to carry
the message on their own. You can even feature them in your newsletter
with their “sales tip of the week or month.”
Propel
your business onward
Whether you want to increase your business by 10 percent or 1,000
percent, creating, advancing and maintaining momentum is the best way to
accomplish your goals. Keep your team united and constantly focused on
the big vision so they can work together for optimum results.
The
more seamlessly your new and veteran employees work together to achieve
goals, the quicker your business will grow and the greater your profits
will be.
Dan
Kuschell is a direct sales/direct marketing expert and author of the
book A Champion in the Making. He offers training, workshops and
teleconference coaching for entrepreneurs, sales executives and business
professionals. Contact Dan at danchampion03@msn.com
or call (800) 211-4580. Visit www.achampionvision.com.
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