Insight

When organisations talk about their sales process, they are usually thinking in terms of a sequence of sales activities, typically encapsulated in a series of pipeline stages, which are designed to move a prospect from first contact to a successful sale. There’s overwhelming research to prove that having a formalised sales process has helped many organisations to improve sales performance…. 

Dr Roy Whitten and Scott Roy discuss what to do before the pitch and how to do it. The biggest problem my salespeople have is that they just don’t listen well enough!” The speaker was vice-president and director of sales for a division of one of the world’s largest telecoms companies. He continued: “Or, if they do listen, they only… 

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,… 

Bob Apollo on Building Scalable Businesses In the majority of sales organisations, a high percentage of sales revenue is generated by the same minority of top sales performers, quarter after quarter. According to research published by the CEB in The Challenger Sale, this performance gap between top salespeople and the rest is amplified in complex, high-value sales environments. They found… 

It pays to take time to learn about Asian culture and etiquette if you want to do business in this thriving region. In the ever-shrinking global landscape, expanding your experience to include an overseas placement is fast becoming mandatory. Forcing yourself out of your cultural comfort zone and into an unfamiliar environment gives you the opportunity to blend information and… 

How business development is proving to have a transformational impact on the sales and business process. The term “business development” will conjure up different connotations depending on who you canvass opinion from; it often gets classed as demand generation or inside sales to name but a few. In fact the roles that these functions perform and the skillsets required are… 

Are you, your team members or your customers relationship driven, achievement driven or growth driven? It makes a difference. Brian Tracy in his many books and tapesI claims that 50% of any sale is a “transfer of enthusiasm”; in other words, it is something quite independent of the skill sets that so many organisations spend so much money investing in…. 

How the investment community works and why SV is good not only for marketing, but also for KAM. There are two schools of thought about the topic of shareholder value (SV). One school, led by Professor Hugh Davidson, argues that it leads to short-termism. The other school, to which I belong, argues that short-termism has been endemic in Western economies… 

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… 

Bob Apollo on Building Scalable Businesses Market segmentation has traditionally been based on demographic factors such as company size, sector and location. But these simple characteristics are hopelessly inadequate predictors of which specific organisations you should focus your marketing and sales energies on. That’s because in any complex B2B sales environment, there will be a set of specific unique-to-you structural,… 

Leadership and millennial expert, Dr Mary Collins is Senior Executive Development Expert at the Royal College of Surgeons Institute of Leadership. She offers some expert advice on how to attract the female millennial into sales. Given the unique motivations of the female millennial, how can companies best engage them to ensure they attract and retain key talent and elicit the… 

Victoria Williams is Vice President and Sales Director at GSK. She describes the transformation that has occurred in pharmaceutical sales and urges women to put themselves forward and avoid over-questioning their capabilities. Selling has changed vastly in the past 20 years with the emphasis now on value. If I compare today to when I was a medical representative in Nottingham,… 

Trang Chu is an executive leadership coach and founder of Tallgrass Way where she works with high-profile executives in investment banking, private equity and law firms. Previously, she was a managing director at Deutsche Bank and Merrill Lynch. She explains how success correlates as closely to confidence as competence. She can be contacted on www.trangtchu.com. Companies that embrace diversity tend… 

Annmarie Neal is Chief Talent Officer, Hellman & Friedman LLC, and has held the same role in both Cisco Systems and First Data Corporation. She is also the founder of the Centre for Leadership Innovation. She explains how having a strong sense of self is probably one of the most essential traits of leadership. There are several reasons why women… 

Dr Beth Rogers PFHEA is a sales educationalist and researcher at the University of Portsmouth Business School. Her advice to employers is to improve their sales pitch when it comes to attracting female talent and focus on rewarding those who deliver results, not “face time” in the office. The distribution of women in sales across various industries and different levels… 

Nicola Robinson is UK & International Sales Director, Kettle Foods and was previously Field Sales Director, Coca-Cola Enterprises. Winner of Best Sales Director, Women in Sales Awards 2014, she shares her advice for women starting a career in sales and why she’d like to see more open dialogue on the supports needed to retain female talent. She talks to Deirdre… 

Too many women believe that if they keep their heads down, work hard and meet their targets, they’ll be recognised as sales experts on the merits of their work and rise through the ranks. However, what really separates successful sales leaders from the pack is their ability to self-promote. We’re all aware of the depressingly disproportionate number of women at… 

Hiring and onboarding is an expensive and time-consuming process. It pays to get it right. The costs of recruitment are on the rise again, with an increase of around 50% from 24 months ago, according to the Chartered Institute of Personnel and Development; meanwhile, four out of five employers are saying that the competition for well-qualified talent has increased over… 

Professor Mark Johnston explores the conundrum of the high-performing, low ethics salesperson. Organizations strive to hire, train, develop and enable salespeople to reach a high level of performance. Of course, as every sales manager knows, only a few can truly be considered “high performers”. Research on high-performing salespeople suggests they are different and often require sales managers to “adjust” their… 

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…