Make Winning a Habit [с таблицами]
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One of the first things we do with managers is to evaluate the quality (i.e., who takes up time, is it proactive or reactive, what is urgent/important) and quantity of their time. Of the 168 hours per week, we identify the 15 biggest uses of their time and then ask them to tell us how much time should be spent in each area, including personal time. Then we have their managers identify their ideal time-allocation picture for a week. This in itself is very enlightening.
We then ask each manager to track the actual expenditure of time for a month. The results usually identify several things: Sales managers are too busy selling for the bottom 20 percent of their salespeople who can’t manage a complex sale. Almost every sales manager I have spoken with in the past 10 years admits that their bottom 20 to 25 percent of reps can’t manage a complex sales cycle effectively and probably never will be able to, yet these sales managers still carry a full quota for these salespeople.
In addition, we find that sales managers often are heavily involved in the last 20 percent of the major deals because of the rise in power of procurement departments. In this phase, the buyers are often better at buying than the average salesperson is at selling, so managers need to get involved in the negotiations.
These two forces draw sales managers into becoming the salesperson themselves or out of coaching the middle 60 percent, where their coaching abilities would allow them to leverage themselves and increase their win rate. Delegation of high-stakes deals is difficult. But if front-line sales managers don’t learn how to leverage themselves through coaching and strategy sessions, they can never really manage more than three reps at a time.
So forecasts end up being bad because coaching is bad because hiring is bad. To fix the problem, we have to start at the very beginning.
Coaching Done Badly
What are the flaws in coaching? One of the biggest flaws is premature prescriptions. The salesperson has worked the deal for six weeks, and the coach has all the answers in six minutes. Salespeople just love that.
Another flaw is stealing the deal — taking it over — especially in front of the prospect. Once a sales manager has stolen power from the rep in front of the prospect, the manager has it forever. By the time this has happened several times, the sales manager is no longer the coach but a glorified rep with a bunch of juniors.
Strategy sessions are a labor-saving device.The time saved by not selling to the wrong accounts, not selling to the wrong people, and not doing the wrong action items to win will more than pay for the time investment.
A jellyfish sales manager who listens to a strategy review but doesn’t challenge assumptions, create what-if scenarios, identify blind spots, or suggest ideas provides little value.
Getting the entire account team involved, even if by teleconference, results in more eyes, more information, and therefore a better plan. Often the technical teammates form strong relationships with evaluation committee members and can provide great insight into the sales plan. Excluding them is a mistake.
The best practice coaching style that achieves critical thinking while leaving ownership with the salesperson is the Socratic technique of using questions that prompt thinking rather than statements that prompt defense.
Obviously, in losing situations, documenting lessons learned is more productive than fixing blame and pouring salt on the wound.
Manager—Walk Your Talk. Be Prepared
Another flaw is not reading a prepared account plan or strategy document before going to the coaching session. If managers will read the input or sales plan that they have asked the reps to prepare, coaching sessions can be cut in half because the rep doesn’t have to spend the first hour telling the story.
Nothing offends sales reps more than taking the time to fill out a sales plan that a manager has asked them to complete, just to have the manager not read it. If the manager has read it, however, he can quickly move to value-added comments about strategies and assumptions.
It is interesting how salespeople and sales managers always seem to find time to try to “fix the deal” at the end, attempting to correct all the mistakes that were made in a 9- to 12-month sales cycle. But they don’t have time to conduct strategy sessions along the way to avoid chaos at the end.
When do we find time to have strategy sessions? With teleconferences and Web meetings, it is easier now than ever before. Strategy sessions are a labor-saving device. The time saved by not selling to the wrong accounts, not selling to the wrong people, and not doing the wrong action items to win will more than pay for the time investment. The return on time invested in strategy sessions is anywhere from 2:1 to 10:1.
We’ve turned millions of dollars worth of deals around in strategy sessions with our clients and have seen them work. But it has to be a matter of discipline. Lexmark does it every Monday. Some companies have strategy sessions at each change of phase in the forecast. Other companies simply say, “No review, no resources.” If it’s not worth 30 minutes of your time to review the strategy with the team, why is it worth 15 hours of their time to travel across the country and look unprofessional?
The main reason that salespeople should have a strategy session is because they want to win and will have a better plan and a more committed team if they have invested the time to lead.
Enemies of Teamwork
For some companies, the biggest barrier to success is themselves. Their culture and values are so rotten inside that when you leave their building, you just want to take a shower. They can’t partner with anyone else because they can’t partner with themselves.
If this is your prospect, you should seriously consider whether the company is worth your time in the end. If there is a project involved, it probably won’t be successful. If it is the company you work for, you probably won’t be successful. Leave. Fast!
It’s not worth the money.
Top 20 Enemies of Teamwork | |
Personal agendas | No compromise |
Insecurity | Weak links |
Misaligned goals | Glory stealing |
No trust | Blame fixing |
Favoritism | Overemphasis on compensation |
Finger pointing | No vision |
Rumor mongering | High turnover |
Poor leadership | Constant reorganization |
Selfishness | Carrying weak performers |
Internal competition,silos | Cynicism |