You don’t have a Sales Excellence Council?
by Todd
Youngblood
According to the great baseball philosopher Yogi Berra, “You can see a whole lot just
by looking.” So I looked…
I looked at several hundred feedback forms from sales
meetings and conferences conducted over the last few years. Interestingly, I saw words that I myself have written many, many
times on similar feedback forms that inevitably ask which part of the sales
meeting/seminar/conference was most valuable. Virtually always, the answer is
something like, “Talking with my peers and learning about what they’ve done
to generate more sales.”
Shocking. They didn’t find the intimate roundtable with the
vice president of sales to be most valuable? The highly entertaining, $15,000 (plus first
class airfare and other expenses, of course) outside expert speaker wasn’t the
most valuable? The new sales guides and brochures based on extensive market
analysis and brilliantly produced by the marketing department weren’t the
highlight of the event?
Odds are that 99 percent of you, whose income is directly
proportional to sales and/or sales growth, are not the least bit surprised.
That’s what you usually write, right?
If that’s the timeless and universal feedback, why on earth
is “Make sure we add more networking time to the next sales
meeting/seminar/conference,” the unanimous directive of the sales executives
who pay for these things? Is that the best we can do? Is that the most creative
response possible?
Frankly, given the painfully obvious lack of creativity,
I’m embarrassed to admit that I have issued that directive myself; way too
many times. In effect,
it’s abdicating responsibility. It’s using hope as a strategy. “I hope
they’ll use that additional time to discuss business issues and not just
engage in some extra social chit-chat.”
So what is the more business-like action plan? The answer
lies in figuring out a way to put all this highly valued networking on steroids.
To do that, let’s first take a more scientific, disciplined look at this peer
networking. Why is it (accurately) perceived as being so useful and, on the flip
side, what are the drawbacks?
Learn more about growing revenue with a Sales
Excellence Council in Todd Youngblood’s new book, The Dolphin and the Cow.
This no-nonsense “how to” guide lays out a methodology for generating an
8-12 percent annual, incremental increase in sales performance.
Click here to read
the Preface and Table of Contents.
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Here are the top five reasons it works so well.
Credibility of the source
If someone I respect is talking
about something that works for him or her, I’ll be all ears and focused on
learning everything I possibly can.
The good, the bad and the ugly
Respected peers will give me the whole story
and won’t hold back insight into the risks and down-side potential.
Real world
It’s a pragmatic, real story from the front lines, as opposed
to some big shot’s pet project.
Timely
In a face-to-face situation, I can ask, hear and talk about what’s
happening right now and how I might address today’s challenges.
It’s how reps communicate
Sales reps are used to, most comfortable and
typically best at communicating and learning verbally.
Now let’s take a look at the top five weaknesses of verbal,
peer-to-peer networking.
I forgot
Typically, nothing gets written down, I get
flooded with a hundred new ideas and there are multiple crises waiting for me
when I get back, so I just never get around to implementing that great idea.
Lots of important details are missing
In an unstructured conversation, many
key questions are not asked and critical parts of the strategy are simply
missed.
One-to-one
Some of the best ideas and strategies get discussed in one-on-one
conversations. That’s an extremely inefficient way to disseminate information.
Baloney
Hard as it might be to
believe, sales reps will sometimes exaggerate the effectiveness of an idea or
embellish their own brilliance just a bit.
Not measurable
Face it, networking time is for all intents and
purposes free time and is very expensive. Since management is by definition not
part of every conversation, management cannot know what gets discussed, what
details get missed or how much time is wasted. It is not possible to take even a
wild guess at the ROI.
A Sales Excellence Council is "Networking on Steroids"
The mission of a Sales Excellence Council (SEC) is to
generate an 8 percent to12 percent annual, incremental increase sales performance. It is
comprised of four to six of your best sales personnel and meets monthly for two
to four hours. Its job is to identify key issues, inhibitors and opportunities
and to formally capture the sales best practices that consistently produce
excellent results. The work of the SEC is formally documented in a “Sales
Knowledge Mine” and made immediately accessible to everybody via a secure Web
site.
It sounds fairly simple and straightforward because it is.
There’s no magic. The key is methodical, relentless discipline in leveraging
the skills, knowledge and instincts of your best performers. It’s this
discipline that is sorely lacking in traditional networking.
Quite often a professional facilitator can provide additional
leverage. This individual is responsible for channeling the SEC’s focus toward
key goals, organizing the best practices and documentation according to the
organization’s overall sales process and handling all logistics. The
facilitator can also challenge the group to reach beyond the toughest
constraints and encourage a friendly competition that produces continuously
better results.
The must striking aspect of the SEC concept is how obvious it is that having one is essential. Why would any sales
leader not aggressively tap into the minds of the best and brightest? Isn’t it
abundantly clear that the best performers follow the best-known sales process,
implement the best-known practices and continuously figure out ways to get even
better? Why not write down all this wisdom and make it easier for everybody to
emulate the eagles?
Think about it: A
formal SEC preserves the strengths of traditional
rep-to-rep networking and removes the weaknesses. The elite nature of the
council membership ensures credibility, relevance, timeliness and a realistic
approach to making things happen. The formality of the process ensures
completeness, disciplined follow-up, measurability and a distinct lack of
extraneous fluff. The Sales Knowledge Mine provides for instantaneous
availability of the best, most effective information.
An SEC will put more commission cash into everybody’s
pockets. And as Yogi says, “Cash is a lot like real money.” So when will
your SEC have its first meeting?
Todd Youngblood is Managing Partner and CEO of The YPS Group
Inc., a sales process engineering and sales training firm. The YPS partners are
all obsessed with the sales productivity of their clients. He can be reached at
(770) 514-1189, todd@ypsgroup.com or at www.ypsgroup.com.
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