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Friday, March 22nd, 2019
New research reveals a formula for communicating an apology that generates greater customer satisfaction and loyalty after a service failure. Service recovery paradox Have you ever had a service problem with a customer and worried about the negative impact it would have on your relationship and long-term revenue prospects? Maybe they won’t renew. Maybe they won’t buy more. And, worse,…
Thursday, May 17th, 2018
Last time around, I wrote about artificial intelligence (AI) and sales. More specifically, I speculated on the possible impact of one type of AI – deep learning – on sales as we know it today. I explained that many features of more routinised sales jobs might be amenable to replacement by deep-learning methods, and also that perhaps this might not…
Monday, March 26th, 2018
“More human than human”: The motto of the Tyrell Corporation, from the 1982 film Blade Runner. Recently watching that movie again, in preparation for a showing of the sequel Blade Runner 2049, I was struck (as I often am) by the interesting differences in what we can imagine the future to be like for different technologies. Of course, Blade Runner…
Wednesday, December 13th, 2017
Over the past year or so, I’ve written a series of columns on important issues around how science works, and how this can be applied to your job in the sales force. I looked at how to think like a scientist, how to ask good questions, how to design research to answer those questions, and how to watch out for…
Sunday, April 23rd, 2017
There’s a proper time to provoke the customer – it’s just not when you’re trying to keep them or get them to pay more, research shows. Provoking the customer, challenging the status quo, leading with an unexpected insight: these kinds of message are the lifeblood of the disruption-minded story you need to tell when you’re the outsider intent on convincing…
Saturday, April 22nd, 2017
Nick Lee on… Statistical significance testing List time around, I explained the concept of endogeneity bias, and how it might influence how much trust you can have in the results of studies you see reported in the media, and also research projects and white papers you might read yourself. This time, I’m going to deal with the other major problem…
Saturday, January 28th, 2017
For the past few columns, I introduced critical issues in designing your own research, with a special focus on how to design experiments. For the next few columns, I’m going to build on those pieces to some extent, to explore a set of issues that I see as perhaps even more important – and especially so in today’s world. Specifically,…
Tuesday, November 29th, 2016
For the past couple of columns, I’ve been discussing various issues around how to think scientifically and do experiments. In this column, what I want to do is bring a close to this series by presenting a couple of basic designs that could be used to generate knowledge of what works and what doesn’t in sales forces, including a “not-quite-experimental”…
Saturday, September 3rd, 2016
In the last issue of the Journal, I wrote about the importance of thinking like a scientist. In simple terms, this is the process of asking the right questions, and avoiding assumptions and ideologies about what “should” be the right answer. If you’ve digested that column, and are ready to think about how best to go about answering those questions,…
Thursday, April 7th, 2016
Here are some simple thinking tools to help with problem solving and make us better managers. If someone asked you whether you were certain that your sales incentive programme was effective, what would you say? What about if they asked whether you knew whether your firm’s advertising was working? Or how about if they asked if you knew the impact…
Thursday, January 28th, 2016
Nick Lee on… The myth of natural talent Why the superstar culture is bad for both the “stars” and the rest of the team. One of the more pervasive ideas in the popular perception of success in almost any field is that of the “natural”. What I mean is that we humans appear to be almost hardwired to explain the…
Saturday, October 31st, 2015
What can we discover from research about the best way of dealing with problem salespeople? In the 15 years I have spent working with frontline sales managers, one particular issue has loomed larger than any other. Specifically, when a sales manager is faced with a problem with one or more of their salespeople, how best should they deal with it?…
