Tag Archives: Business Growth

Sales Coaching, Dirty Secrets Or Misunderstanding What Coaching Is About?

I was interested in reading the Harvard Business Review post, The Dirty Secret Of Effective Sales Coaching. It’s an interesting article with many good point and you should read it.

However, I think the authors present a very narrow view of the manager’s job and the goals of effective coaching. Many of the conclusions are pretty obvious, eliciting almost a “Duhhh” response. If you think about it, “coaching the middle” has a huge return. It should be obvious, there are more people in the middle, so every percent of performance improvement you get from this population has a great impact (when taken from a macro view).

However, my problem with the article is that it implies management’s focus on coaching is primarily on producing shorter term results. They say the performance improvement from the middle may be the difference between hitting or missing this year’s goals. I’ve no argument with that point-if the job of management was to optimize performance for just this year.

This is too narrow a view of management’s job and the real importance of coaching. Manager’s are responsible for developing the highest levels of performance in the organization both this year and for future years. This means we must take a broader view of coaching and performance management.

Coaching the middle can improve performance in the current year, and sustaining this through continued coaching should drive continued performance improvement over the years.

What about coaching the top performers? The authors would claim the return on this effort is relatively small and suggest reducing time on these top performers. But that misses the point. What if we want to move those top performers into bigger contributions? What if we want to have them take much more responsibility, step into new roles-maybe moving from a territory manager, to a major account manager, to a global account manager, to a strategic alliance manager? What if we wanted to develop some of them to step into stronger leadership and management roles?

I don’t think I’m alone in this view-some of the leading companies in the world take the development of their current and future leaders very seriously-providing rich coaching and developmental opportunities-less focused on the performance of those top performers today, but more focused on preparing them to perform in future roles.

What about coaching the bottom performers? Clearly we want them to perform, we can’t afford to have them dragging down the organization. Here coaching may take a different perspective-the key coaching issue might be how we develop them and move them into roles where they can really contribute and perform. Aren’t we as managers supposed to move our people from jobs in which they are C performers into roles where the can be A performers (or at least B’s). Sometimes those are roles in our organizations and companies, sometimes it means moving them out of the company.

Coaching is about performance management and improvement. It is about getting each person to play to their full potential, in roles that maximize their contribution to the organization-now and in the future.

If this were a static world, if our people stayed in the same role forever, if the requirements for performance never changed, then I could buy the recommendations of the authors more easily. Fortunately, that’s not the way the world works.

I think it’s management’s responsibility to coach everyone in the organization. We need to get those in the middle to perform better, we need to grow those at the top to take greater responsibility and grow their contributions, we need to do something with our low performers, not just let them linger.

I do agree with the authors, coaching is not democratic. It’s naive to assume this. Not everyone needs the same “cookie cutter” approach coaching. We coach each person with different goals and objectives. With some we are looking to improve performance in their current roles, with others we are preparing them for future roles. In some we are preparing them to move into other roles or out of the company. We invest different amounts of time in coaching each person. Some need more time, some need less. What we coach and how we coach will vary by individual. Coaching will have different time dimensions for each person, perhaps in the middle we are looking for improvements for this year, but we also need to be worried about next year and the future.

So coaching is not a “democracy.”

So who do we coach? I firmly believe it’s our responsibility to coach everyone.

How do we coach? We are irresponsible if we focus only on one dimension-for example achieving this year’s goals. We have to coach for the objectives and goals we establish for each person?

When do we coach? All the time.

What do you think? Am I being naive?

Dave Brock is President and CEO of Partners In EXCELLENCE, a global management, leadership, sales, and marketing consulting company. Partners In EXCELLENCE helps clients achieve the highest levels of performance by focusing on the customer.

Read more at Dave’s blog: Making A Difference– http://partnersinexcellenceblog.com, or visit Partners In EXCELLENCE website: http://www.excellenc.com.

Dave can be reached directly at dabrock@excellenc.com.

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All At Once: Coaching Sales Team

We tend to think of sales coaching as being a tool used only for individual development. When we assemble the sales team, it is usually to have a meeting so that we can transfer information in one direction (from us to them), conduct training (us to them, again), or to collect reports (them to us).

There are occasions when assembling the sales force for coaching is extremely effective.

The After Action Review
In many sales organizations it is difficult-if not, impossible-to provide adequate training to cover every possible situation in which the salesperson may find their prospect or every available solution; sometimes, building and selling the right solution is a creative endeavor with lots of possible right answers, but where the optimal solution is difficult to discover.

You simply can’t train every scenario. Even though you cannot train for every possible scenario, through team coaching, you can help your sales force learn to think about these scenarios and to identify the best path forward.

Team coaching gives you the opportunity to assemble the sales force, using a real opportunity as a case study. The facts can be laid out for the entire team, and the salesperson that owns the opportunity can explain what they saw, what they heard, what they believed they understood, and what actions they believe were dictated by the facts.

As the sales manager, you can engage the team in asking questions to identify a greater range of possible choices that the salesperson might have taken. You can also ask questions that lead to more choices, and you can add some context to help show the sales force how some other choices might play out.

You can also conduct team coaching while the opportunity is still live, sharing the experience of making the choice of actions across the entire team, and thereby sharing the experience and the learning.

Informing Future Behaviors and Actions
The choice to coach the team instead of individuals allows you as the sales manager or sales leader to share the learning and development across the whole group. It provides the whole team the experience, and the lessons, that would have been confined to an individual.

The United States Military is extraordinary at conducting After Action Reviews, leading reviews after every single engagement, forcing their soldiers to think about what happened, why it happened, and most importantly, how they should act in future engagements. The goals of team coaching are the same.

The goal of all coaching is to apply the lessons learned to future activities. This is why we believe that coaching is the highest leverage activity that a sales manager can take: it informs the sales force’s future behaviors and actions.

Questions
When does it make sense to coach teams instead of individuals?
How do share lessons across the sales force efficiently and effectively?
How can you codify these lessons in a way that they can be continually shared and used a resource for future salespeople?
What is the best way to affect the future behavior of the sales force?

Dave Brock is President and CEO of Partners In EXCELLENCE, a global management, leadership, sales, and marketing consulting company. Partners In EXCELLENCE helps clients achieve the highest levels of performance by focusing on the customer.

Read more at Dave’s blog: Making A Difference– http://partnersinexcellenceblog.com, or visit Partners In EXCELLENCE website: http://www.excellenc.com

Dave can be reached directly at dabrock@excellenc.com

Article Source: https://EzineArticles.com/expert/David_Brock/473112

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Infield Sales Coaching – The Way of the Future for Sales Managers

Infield sales coaching is the term used to describe when a sales manager coaches a sales person in their sales territory. This can be a geographical or market segmented sales territory. Sales coaching is an ongoing process and not a single event. The process is designed to achieve a purpose and that is to assist every salesperson in the salesforce to reach their full potential. By providing challenges, encouragement and guiding them in continued professional growth, sales performance can be improved in a sustainable manner.

Attributes of great sales coaches

Sales coaches work with their salespeople in the area of strategy, targets, expected outcomes and potential sales call obstacles. Often the missing link is how these are to be achieved. Sales coaches also ask for feedback to ensure their salespeople understand. If the salesperson does not understand it’s up to the sales coach to show them.

Great sales coaches use the following tools:

  • Standardised formal sales process to create common understanding
  • Active listening and questioning skills so they can replicate a sales situation
  • The ability to shut up and let the salesperson lead the sales call even if they are failing
  • The ability to role-play the salesperson’s part of the sales call
  • The ability to uncover and question everything they hear
  • The ability to remain in the moment and not become emotionally involved
  • They don’t need to seek approval so they say, ask or do whatever is necessary to get the salesperson to the next competency level
  • Patience so they can take small steps to clarify a situation
  • Their hands on experience
  • Their wisdom based on years of experience
  • Their sense of humour by keeping it light
  • The respect of their salespeople
  • The trust of their salespeople
  • The relationship they have with their salespeople.

Adapted from Dave Kurlan ‘s Understanding the Salesforce:

What do you need to focus on when coaching your salespeople?

Focus on three areas:

  • Sales strategy

This relates to the customer and potential customers, selecting the right products or services and pricing

 

  • Facts

These include ratios and percentages such as the sales call to order ratio and sales margins. When this information is linked to the sales process facts can provide an indicator of future activity and sales results

 

  • Sales behaviour

Notice what your salesperson does before, during and after the sales call. Do they understand what they are doing, have they followed the sales process, have they applied skills correctly and can they self correct? If not, what competency gaps are there? What do you need to show and demonstrate?

  • Sales coaching styles

Every sales manager has a sales coaching style. Do you know what yours is? Do you know why you are a compatible sales coach with some of your salespeople and find it difficult with others?

Your salespeople want to know how you can help them become successful.

By developing your coaching style and competence as a sales coach your salespeople will want to learn and work with you. Your job will also become more enjoyable. You will find they will want to follow your example and grow professionally.

How to allocate your time to maximise results

Within a salesforce there are 3 categories of salespeople that determine where you should spend most of your time in order to maximise sales performance:

1. The concern category

These are the consistently low sales performers. Unfortunately most sales managers spend a great deal of their time working with these salespeople in an attempt to improve sales. These salespeople tend to rely heavily on the support of their sales manager so time is consumed with additional coaching sessions and often providing answers to problems.

Action –If you have this category of salesperson then you will need to cut back on the amount of time you give them. Start by asking them what they think the answer is to a problem rather than you providing it. Reduce your infield sales coaching time and replace it with a phone call. Set a realistic sales target and time frame. If the sales target is not achieved you will need to take action. The salesperson may be better suited to a different role in the company?

2. The top performer category

It is not uncommon for these salespeople to feel neglected because they receive minor or no sales coaching from their sales managers. This can affect their attitude and result in their being difficult to manage. They usually outsell the combined efforts of the average players in their salesforce so sales managers think they don’t need further development. Some sales managers who are not very competent in selling avoid their top performers for fear of being shown up

Action –Seek the top performers’ input as to the number of sessions and the objectives. They usually only need minor skills refinement which then further enhances their sales performance and motivation. If they have qualified for Level 6 – The Professional status they will more than likely want to develop sales coaching skills and pass on their expertise to other salespeople.

Introduce them to sales coaching over a period of time by allowing them to take on the additional responsibility as well as continue to manage their sales territory. This will give you the time to evaluate their performance as well as the performance of the salespeople they coach. The top performer will also have the opportunity to see if sales coaching is a career they would like to pursue full-time.

3. The average category

The majority of salespeople are in the average to above average range in terms of their sales competence and sales results. This category is ideal for the top performer to begin developing their infield sales coaching skills. There is usually at least one salesperson in this category who has the potential to become a top performer.

Action –Schedule regular sales coaching sessions for this large category and identify the salespeople who have achieved Level 4 or 5 Sales Competency. Assess their talents and strengths and outline a fast track sales development plan because they will provide you with the greatest single increase in sales. It will also motivate the more junior salespeople to work harder and achieve a higher level of sales competence.

To consistently improve sales performance is no easy task. By coaching and leading by example in their world is your greatest opportunity to really get to know them. This in turn will help you to increase your salespeople’s sales competence, motivation and sales results.

If you want more information about this subject or have any sales performance issue you would like to discuss please contact Kurt Newman direct on 0412 252 236. Alternatively email sales@salesconsultants.com.au

Kurt Newman is the co-founder of Sales Consultants Pty Ltd a firm that works with companies to increase sales and reduce the cost of selling. http://www.salesconsultants.com.au

Kurt’s expertise is in sales strategy, sales management development; group structured sales training and infield sales coaching. As a sales person he has successfully sold products and services in 4 major market/product segments: new product sales, consultative sales, relationship sales and retail. During his selling career he created sales records for three companies in two industries and won many other sales awards for outstanding performance.

Article Source: https://EzineArticles.com/expert/Kurt_Newman/417035

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Acquire Top Sales Talent With a PLAN Sales Managers – Don’t Rely on HR

When asked which management activity is most critical to sales team success, 97% of Executive Sales Managers from across the country indicate the Identification and Acquisition of Talent as “extremely important” or “important”. No big surprise.

During my daily conversations with Executive Sales Managers, the discussions and debates inevitably turn to talent. The people on our sales teams dominate our time and attention, and for all the right reasons. My intent is not to recommend that this would change; it is in fact quite the opposite. We need to continue to find ways to get more from our human capital. That is what extraordinary sales coaching is all about- incremental gains in performance. However, when referring to the identification of talent, Executive Sales Managers need to recognize these gains can be hindered by an individual’s capacity, or in other words, their talent. As Sales Managers we need to help all members of our teams improve, but you will get greater results if you begin with those that already have the “right stuff”. A sales team’s production potential is determined by the base line talent, for which Executive Sales Managers are accountable.

Here are a few best practices I’ve used and observed others using with significant success. Success is here defined as a constant flow of the right sales talent, with minimal time during which open positions are not filled. I will defer quoting statistics of what it costs to turn a sales department employee or the cost of an open sales territory, acknowledging you already have a keen understanding of the value of long term, high performing associates on your sales team.

ABR (Always Be Recruiting) Although 97% of Sales Managers agree on the importance of talent, very few sales departments have what I would say is a “talent identification and acquisition culture”. I am in contact with Executive Sales Managers every day, and I witness firsthand that identifying and acquiring sales talent has not been proactive, but most often a reactive response to a termination and/or a need to expand. The preponderance of those in sales management roles haven’t identified, nor do they consistently have recruiting lines in the water at the best fishing holes. Ask your sales management team the question “If you have a termination tomorrow, do you have a candidate or list of candidates identified whom you could contact to immediately begin the recruiting process?” It is not until we lose someone on our sales team that calls go out to recruiters, Linked-In is accessed, internal company emails are sent, and so on. But every Sales Manager should make it their duty to have several prospects already identified and to some degree pre-screened. Something to shoot for is that every Sales Manager has lunch, coffee, or drinks once a month with a prospect who might be a fit for your team. Right now, measure the average time a territory stays open, and see if you can reduce it by 50%. If done, how much would you save in lost revenue?

Understand the type of talent you can acquire Whether you know it or not, you may be limiting the quality of the talent you attract. Many factors are at work here. Compensation, market competition, your company reputation, and the quality of your existing sales coaches/managers can all impact your ability to attract and acquire the best. I once worked with an organization that said they wanted only the best talent– period. However, they didn’t seem to obtain what I would consider top-notch sales and sales coaching talent. Further investigation showed they didn’t have a new hire training program that allowed them to bring on board the best talent. Because of this limitation, they instead had to bring on “people in their business” and they sought “industry experience” over sales, coaching, and leadership talent. They settled for mid-age sales folks who were content with a $70,000/year plan. I have not encountered many mid-age sales people with spotlight talent that are satisfied with $70K/year. Our recommendation was to change the model and look for a sales person who was in their first sales job, someone who already had sales skills training in that job and would love a chance to take a bump in earnings. Or to create an internal training program that taught the skills needed so “industry experience” was not a hiring requirement. Or to be really cutting-edge and do both! Be realistic, and understand the demographic you need.

To illustrate this “experience” factor, consider Terry Pettit, the retired NCAA volleyball coach with the highest all-time winning percentage, and former Sales Coaching Summit Instructor. When he started coaching at Nebraska, he was told he could never win a NCAA championship because the best talent went to places such as UCLA, Stanford, California, and Hawaii. He was told there was not enough available talent in the market. Rather than settle and not compete for national championships, Pettit instead redefined talent for the Nebraska program. He quickly determined that talents such as speed, instinct, urgency, coordination, and competitiveness were not teachable, but that volleyball skills could be taught. So at one time early in his coaching career, in his starting rotation, five of the six were high school high jump champs in their respective states, with little volleyball experience. He took raw talent over experience and created a dynasty.

Understand your sales department talent limitations and look for ways to remove or raise your lid. By the way, I’ll take talent over experience every day of the week and twice on Sundays.

Take control of your identification and acquisition process This is not an HR responsibility; it is your responsibility, and the responsibility of every Sales Manager on your team. HR doesn’t likely have goals and bonuses tied to the sales department having all spots filled with the greatest talent, but Executive Sales Managers certainly do. When I recently asked an executive sales manager if HR was a big help, his response was “they are when they want to be, but too often they are too busy planning for other things such as the company holiday party.” This is not to suggest you don’t partner with HR for assistance in the process, but their role is administrative in nature and managed by the Executive Sales Manager. Some HR departments may serve as exceptions, but not many.

Another point of importance that should be obvious, but that few think about or act upon is that the person who is your lead recruiter is the face of your company, and certainly the face of the sales department. Make sure the “face” will attract talent. This person needs to be able to sell (assess for the qualities of a great recruiter), should dress well, and must possess a strong executive presence. We can all relate to meeting those people with an “aura” that is attractive, not just physically but in a way that make us want to learn more about that person. This aura should be exemplified in your lead recruiter.

Science-based assessments work Don’t be naïve and think you can select better without an assessment. In a related newsletter article this month Danita Bye references a University of Michigan study which reveals that interviews account for almost 90% of hiring decisions, but were found to be only 14% accurate in predicting success. 14% stinks! Dr. Susan Hirt from Talent Plus shows that the highest correlation to predicting job success is the use of structured interview science-based assessments. Like most everything else in our world today, research is causing us to look hard at ways to make assessments more accurate and predictable of success. Sales Managers need to constantly refine their approach to the selection of sales department talent. And don’t think for a minute that assessment tools should be used only to identify top sales performers; utilize them for all roles on your sales team. These tools are certainly not the sole determinant of selection, but should account for approximately 33% of the decision. The other two thirds split between personal interviews and reference checks.

Put these pieces together and, speaking from experience, your offer-to-acceptance ratio should be over 90%. Whether or not your new sales talent stays and performs then becomes up to you and your team’s ability to coach, which is another critical component of maximizing sales team.

Bill Eckstrom
President and Founder, EcSELL Institute
3119 South 33rd Street, Lincoln, NE 69506
402-805-4238
http://www.ecsellinstitute.com

Article Source: https://EzineArticles.com/expert/Bill_Eckstrom/245867

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Sales Coaching – An Executive’s Guide

When Am I Coaching?

Corporate climate surveys and interviews repeatedly indicate that employees feel they are not coached enough, that they are not clear enough about expectations, that they get too little feedback. Consultants, academics, human resources professionals, some senior managers, and almost all corporate training departments press continually for managers to dedicate more time to coaching. Yet neither managers nor their direct reports can reliably tell you when “coaching” is taking place and whether anyone has been coached.

Why? There is no shared definition. Sales managers, sales people, and trainers describe coaching based on what they’ve experienced, in terms of activities, among them:

 

  • Expectation setting
  • Coaching disciplines
  • Feedback about results
  • Pushing for skills to improve
  • Lots of short interval feedback and management

 

The resulting gumbo mixes old athletic coach models with new-age mumbo jumbo, academic research, and training program models to produce frustration and confusion. Since business leaders and sales managers have precious little time for any task, we need definitions of “what’s a sales coach” and “what’s sales coaching” that experienced managers can use.

Define the Coaching Context

To begin, coaching is a process, not a thing, not an event, not a single type of discussion. The coaching process serves a purpose; you coach to reach an objective. The coaches we’ve met begin thinking about coaching by answering three questions:

 

  • Why am I coaching? What’s the objective?
  • What are the circumstances? How much damage is done if we don’t achieve the goal?
  • Who am I coaching? What do they need from me in order to fulfill the purpose?

 

Their answers to these three questions help them set priorities in terms of their commitment of time to coaching, the frequency and extent of coaching conversations, and their coaching focus.

Specify Your System

Successful sales coaches have developed “systems” that work and that they can teach so that other people can successfully reach meaningful goals. The primary responsibility of executive-level sales managers is to define (or have others define) the “success path” or “system” which will enable their reps to be successful.

Watch any successful team manager, from sales to symphonies to soccer fields, and you’ll see a system. Dig into any successful franchise operation; you’ll find a system that enables ordinary people to produce extraordinary results repeatedly. The system defines performance in detail:

 

  • The correct activities,
  • Done at the correct time,
  • At the correct frequency,
  • In the correct manner.

 

People who are serious about reaching a particular objective flock to good coaches because they know the coaches have systems to get the job done and that, if they use the coaches’ systems, they’ll be successful.

In sales, this means having a “pilot’s manual” that describes how your company and your team, and everybody on it, does business. The manual documents your business development and sales management process in detail – the correct activities, the correct timing, the proper frequency, and specific methods.

For example: When do you meet with your sales reps for coaching? What topics do you cover? What does an acceptable proposal look like, how many of them should someone submit in a year to be successful?

If you can’t define the optimal performance system for your sales team, you’re not well positioned to coach.

Work the System on Three Levels

When developing and implementing their systems, coaches work on three levels:

Strategic – the game plan. In sales, this includes establishing a mission for the team, profiling target customers, choosing products or services to emphasize, and deploying sales resources to customers.

Statistical – the relationships between activities and results. This means connecting data about sales process (i.e. steps activities) to sales results so you can prioritize activities and predict results.

Behavioral – what people do and how. This includes sales call behaviors, internal and external communications, and personal management.

The more senior the sales executives, the more attention they should pay to the “strategic” and “statistical” aspects of the system and implementation of sales team strategies.

When executive sales managers meet with their direct reports (regional, district, or sales team sales managers), they should coach at all three levels:

 

  • Observe performance at all three levels (strategic, statistical, behavioral).
  • Note gaps between what you see and what your system says you should see.
  • Communicate observations to sales managers.
  • Where necessary, instruct sales managers as to what to do, when to do, or how to do strategy implementation, activity management, or specific sales behaviors.

 

Executive sales managers’ expectations, coupled with feedback and consequences, change sales management behaviors. The changed sales management behaviors drive sales activities and sales results. Sales managers who are directly coaching individual sales people should work through the same three levels of coaching with their sales reps.

Do You Get Style Points

Style is important. As a coach, you have to connect with your team members to communicate. You have to enroll them in your vision of what is possible for the team and why it’s worth getting up in the morning.

At the same time, remember what they want from you. They want to know you can help them be successful. If you can demonstrate that your system works, you’ll tend to attract people who want to work for you… and the people who work for you already will be more willing to adapt their styles to yours because they know, in the end, they’ll reach their goals if they follow your coaching.

Nicholas T. Miller, president of Clarity Advantage, helps banks generate more profitable relationships faster with small and medium-sized companies, their owners, and employees. Clarity consulting, communications, sales tools and training help banks recruit and deploy sales team members, choose their best business and consumer prospects and clients, then approach, engage, sell, expand, and retain relationships. Clarity also assists banks with consumer sales and cash management sales. Clarity clients have posted increases in household penetration, cross-sells, deposit volume, and loan volume. Visit Clarity’s website at http://www.clarityadvantage.com where you can subscribe to “The Weekly Sales Thought,” a free eNewsletter and podcast focused on business-to-business selling and sales management.

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