
With diversity comes great story responsibility
March 25th, 2018 by Tim RiestererDiversity brings the risk of fragmentation, but the best companies are able to project a single voice by telling a consistently engaging story. Today, an employee base with diverse experiences, skills and perspectives is one of your biggest organizational strengths. But like many good things, a diverse talent pool, for all the brainpower and energy and dynamism it adds to…
Finding new ways to win new customers
December 13th, 2017 by Claire EdmundsIn the current uncertain climate it’s time for UK businesses to sell big, sell global and stay relevant. The pace of technological progression and the impact of globalisation are increasingly disorienting. Society One is one of the world’s fastest-growing lenders, but does not own the money it loans; Google is the world’s largest software vendor but it doesn’t own any…
Is your organisation leaking value?
November 20th, 2017 by Mark DaviesThe spiral of value leakage starts when organisations fail to focus on the customer and what they value. Instead, businesses should focus on creating “infinite value”. Peter Drucker is famous for making the following observation: “Because the purpose of a business is to create a customer, the business enterprise has two (and only two) basic functions: marketing and innovation.” If…
Apprenticeship plan lights way forward for sales
April 22nd, 2017 by Journal Of Sales TransformationNew milestone passed on the route to sales professionalism. Momentous change is happening everywhere. It’s manifest in business, in politics, through the ebb and flow of people and talent around the world, in the climate, and not least in the advent of technology – and this is just as true in the world of selling as it is in other…
Transforming sales is not enough
April 22nd, 2017 by Bev BurgessIf you’re serious about growth, transform marketing too. A few years ago, I was part of the management team that rapidly grew a mature outsourcing business in just one year, while increasing profitability too. Our strategy was to shift from being a reactive business, waiting for RFPs to arrive, to a proactive one targeting the specific accounts that would deliver…
The new age of sales enlightenment
January 28th, 2017 by Journal Of Sales Transformation2017 looks set to be a landmark on the road to sales professionalism. Could 2017 be a turning point for the sales profession? There are a number of factors that play into this question. First of all, we can see inescapable signs of the growing importance of sales roles within a wider business context. Equally, there is an increasing emphasis…
Digital bolt-ons not an instant service solution
January 28th, 2017 by Andy MoorhouseAlthough social media is becoming the customer services platform of choice for large organisations, many are not getting the basics right. The rise of social media (Facebook, Twitter, Facebook Messenger) is driving change in the way customer-service leaders manage their operation. In today’s digital world, customers are more fickle, delight in sharing their horror stories, and demand an instantaneous response….
Introducing the Digital Sales Funnel
November 29th, 2016 by Grant LeboffIntroduced in 1898, the traditional purchase funnel no longer applies. Sales needs a lead-generation model for the digital environment. There is one perennial truth in sales and that is, salespeople have to prospect in the places their customers inhabit. This has led salespeople to visit exhibitions and conferences, attend relevant networking events and even knock on the doors at certain…
A battle of ideologies
September 3rd, 2016 by Journal Of Sales TransformationIn the main, businesspeople and especially salespeople are a pragmatic bunch. They’re resilient, happy to take things in their stride, and seek opportunity whatever the circumstances. All of which came across in our post-referendum Brexit survey conducted in conjunction with a number of world-class organisations. What also became apparent was that the sentiment of the majority of respondents was largely…
Sales Leadership: the dynamic management of paradoxes
September 3rd, 2016 by Dr Javier MarcosLeading modern sales forces requires us to develop synergies between paradoxes that may initially appear irreconcilable. I’m aboard the “Baie de Seine”, the ferry that covers the route Portsmouth–Bilbao. I am sitting at the back of the vessel watching the foamy trace it leaves on the sea and the seagulls that escort the ship, relentlessly defying the winds. It’s a…
Sales as a career of choice
April 7th, 2016 by Journal Of Sales TransformationAre we on the verge of breakthrough? Will sales become a destination career? Could sales as a career choice be turning a corner in terms of its popularity with undergraduates? If so, this is good news, because selling is actually the number one destination for business school students. The organisers of this year’s Sales Educators’ Academy Conference at Aston Business…
The impact of intelligent Win-Loss processes
April 4th, 2016 by John SharplesYou may have lost the bid but taking the trouble to find out why helps build trust. There’s a growing interest in the value to be gained by conducting detailed Win-Loss analyses: the statistics we shared in the October 2015 edition of the Journal (see page 58) caught the attention of readers and when they were later shared online. However,…
Opening up business opportunity
January 28th, 2016 by Journal Of Sales TransformationWhy sales leaders should aspire to a diverse and qualified sales organisation. Interestingly, just as many employers and universities are ramping up their interest in degree-level education for salespeople, other professions and business sectors are moving away from a narrow restriction based around employing only graduates. Publishers Random House (owners of Penguin) recently announced that the company is seeking a…
Diversity – my personal journey
January 28th, 2016 by Claire EdmundsWhen it comes to diversity, are we asking the right question? A decade after setting up my business I won a “Women in Business” award. I was intrigued by my reaction: I was delighted to be recognised but uncomfortable with the notion of being singled out because of my gender. I remember a rush of indignation when asked in the…
Ethics codes help salespeople too
October 31st, 2015 by Journal Of Sales TransformationIt’s not just customers who need protection from unethical behaviour; a code of ethics would also help defend salespeople. Who at Volkswagen could possibly have thought it would be a good idea to install emissions-test-cheating software in the company’s diesel cars? The scam sought to disguise output of nitrogen oxide pollutants up to 40 times the level allowed in the…
Increased sales scrutiny: are you ready?
October 31st, 2015 by Frank CespedesSales should be a core agent of strategy, not just a vehicle for a given selling methodology. In my career, I have attended many strategy meetings. Very few articulate the implications of espoused strategies for Sales. Moreover, the process for introducing new initiatives often exacerbates the separation of the “strategists” from the “doers” in the field. The typical process is…
We all sell something
July 1st, 2015 by Journal Of Sales TransformationWhere selling was once seen as the “white-collar equivalent of cleaning toilets”, now it’s the skill that everybody needs. We’re all salespeople today. The problem is that too many people in society – including a worryingly large number of leaders at the top of big corporations – remain in denial about this plain, simple truth. We used to think of…
Can’t pay, won’t pay!
July 1st, 2015 by Alan CoffeyWhy it has become commonplace for organisations to seek to avoid paying commission earned by salespeople? Commission payments seem so simple in concept: the salesperson wins a deal and the employer pays a certain percentage of its value to reward him or her for this success and the benefit it brings to the company. In reality, incentives are a minefield:…
It’s the start of something big!
April 7th, 2015 by Journal Of Sales TransformationSales is evolving into a true profession as corporations, practitioners and academics combine in the search for excellence. Welcome to the very first issue of the International Journal of Sales Transformation. As salespeople, managers and leaders, we are rightly proud of the fact that we are in the front line of business, creating and facilitating exchanges of value and aiming…
Bridging the gulf between professors and practitioners
April 7th, 2015 by Neil RackhamAs sales continues to develop at breakneck pace, business and academics need to open channels of communication. For well over a century, there have been organised attempts to increase sales professionalism. The case for doing so is nowhere more engagingly expressed than in an editorial appearing in 1884 in the magazine of the Society of Commercial Travelers: “If we do…