New Millennium Sales Leadership

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Transcript of New Millennium Sales Leadership

New Millennium Sales Leadership

Ken Thoreson – Acumen Management

Keith Lubner – Channel Consulting Corp

Ken Thoreson, President Acumen Management Group, Ltd

Ken’s Contact Info:

Email: Ken@AcumenMgmt.com

Website: www.AcumenManagement.com and www.SalesManagementGuru.com

Top 50 Sales &

Marketing

Influencer's

2014

Partner

Business

Builder

Programs

Workshops

Keynotes,

Workshops,

Consulting

Services

Strategy,

Business

Management,

Sales

Leadership

The Sales Mgmt Guru Book

series, 5- DVD’s,

Sales Mgmt Tool Kit,

Peer Groups

Singularly FocusedVendor, ISV, Distributor, Partner

Acceleration FocusedPrograms that spur fast growth

and profits

Sales compensation2

Increase sales velocity3

Sell to business challenges4

Account planning5

Management of COS1

Sales organization design8

Sales management focus9

Sales training levels7

Cross sell & up sell6

Role

TacticsStrategy

Brilliant

Execution

• Lack of discipline to manage and lead

• Failure to execute consistency and hold

direct reports accountable

• Lack of coordinated business model and

reporting systems

• Failure to develop professional approach

• Have not set performance goals moving

forward eight quarters

• Poor compensation planning for all

employees

• High levels of sales turnover & ineffective

sales methodology

Discipline

Training that corrects, molds or perfects

the mental faculties or character

Accountability Obligated to give a reckoning or

explanation for one’s actions

Control A standard of comparison for checking

the results of an experiment or process

..."Telling"...The leader identifies a problem, considers alternative solutions, chooses one of them, and then tells others what they are to do. The leader may or may not consider what the group members will think or feel about the decision, but group members clearly do not participate directly in the decision making. Coercion may or may not be used or implied

Leadership Styles

Leadership Styles

..."Consulting"...The leader here gives the group members a chance to influence the decision from the beginning. Problems and relevant background information are presented, then the members are asked for their ideas. In effect, the group is invited to increase the number of alternative actions to be considered. The leader then selects the solution he/she regards as most promising.

Ten Laws of Leadership and Management

• Treat everyone with respect

• Set an example for others to follow

• Be an active coach

• Insist on excellence and accountability

• Maintain high standards of integrity

• Build group pride

• Show confidence in your people

• Maintain a sense of urgency

• Be available and visible

• Continually develop your own skills

Sales Management Environment

• Develop “business ecosystem” partners

• Adopt appropriate measurement systems

• Focus on near term programs

• Learn sales cycle masterfully

Managing Culture

1. Shared sense of mission or purpose

2. Have clear and attainable goals

3. Frequent objective feedback

4. Positive rewards for appropriate

performance

5. Timely support and help when

requested or needed

Keith Lubner, Managing Partner/President Channel Consulting Corp | C3

Keith’s Contact Info:

Email: klubner@channelconsultingcorp.com

Website: www.channelconsultingcorp.com

Channel

Enablement &

Recruitment

Ecosystem

Acceleration,

Optimization,

& Productivity

Programs

Channel

Marketing

Services

Channel

Strategy,

Metrics, &

Business

Intelligence

Cloud & Mobility Channels

Development & Launches

Singularly FocusedVAR, ISV, Distributor, Retail TECH

Channels

Acceleration FocusedPrograms that spur fast growth

and profits

Building Belief is Essential

• Sales Games

• Length of Sales Cycle = Length of Sales Contest

• Teams

• Fun

• Annual Trips

Building Belief is Essential

• Storytelling

• Employee Stories

• Customer Stories

• Recorded

Building Belief is Essential

• Reference Letters

• Last Step in Sales Cycle

• Posted in Lobby

• Read by all Employees

Building Belief is Essential

• Company Meetings

• Monthly/Quarterly

• Philosophy Statement

• Departmental Reports

• Thank You’s

• Reference Letters

Building Belief is Essential

• Client Visits

• By Salespeople

• At Company Meetings

Ken Thoreson, President Acumen Management Group, Ltd

Ken’s Contact Info:

Email: Ken@AcumenMgmt.com

Website: www.AcumenManagement.com and www.SalesManagementGuru.com

Top 50 Sales &

Marketing

Influencer's

2014

Partner

Business

Builder

Programs

Workshops

Keynotes,

Workshops,

Consulting

Services

Strategy,

Business

Management,

Sales

Leadership

The Sales Mgmt Guru Book

series, 5- DVD’s,

Sales Mgmt Tool Kit,

Peer Groups

Singularly FocusedVendor, ISV, Distributor, Partner

Acceleration FocusedPrograms that spur fast growth

and profits

Internal

Resource

Market CompetitiveSolution

Market

Value

Partner

Assessment Process

Account

Plan

Execution Process

DashboardMarketing

Plan

?

Sales

Sheets

Training

Plan

Your

Sales & Business Plan

Value

Proposition

Transition Roadmap

Sales and Marketing Funnel

Measure Dispassionately

Glass pipeline - overall company

Stage 6

Target Contact Prospect

ProposalWin

Opportunity – Effort - Results

Universe

Stage 4Stage 5

Stage 3

Ideal Profile

Segment Campaign Execution Leads Req

Generate

Interest

Deliver

Close

Prove/

Convince

Convert

Interest

Lead to Prospect

Prospect to

Opportunity

Opportunity

To Proposal

Proposal to

Win

Volume, Source &

Conversion %

Volume, Pipeline $ &

Conversion %

Mix % &

Conversion %

Win %

Cycle Time

Avg. $ Sale

Sales Management Dashboard

Metric Products Services Training

Leads vs. Plan 21

15

12

18

9

8

Move Aheads

Vs. Plan

30

24

12

16

13

20

Avg. $$ vs. Plan 22k

21k

56k

34k

77k

90k

Pipeline vs. Plan 255k

300k

156k

90k

223k

345k

Unit Sales vs. Plan

6

5

2

3

3

4

Win % vs. Plan 55%

60%

45%

50%

33%

40%

% Svc vs. Plan 50%

50%

44%

40%

33%

35%

MENTOR KEY POINT: You

measure performance to create

a process to coach, mentor and

improve your organization and

team’s success!

NOT to micro-manage.

Sales Meeting Format

• Opening-

Rate 1-5 Previous Week and Success Stories

• Review Monthly/QTD Sales Achievements

• Discuss (Group) Strategic Sales Discussions

• Administrative Matters

• Ending –Positive Mental Thought (PMT)

Understand The Job

Training Must Take Place

Sales Training:Must be Comprehensive & Planned

• Sales Skills

• Product Knowledge

• Industry Trends

• Customer/Company Industry

• Competitive Information

• Technology Skills

• Management Skills

Planned 90 Days in Advance!!!

Sales And Marketing Training PlanApril-May - June

May 7th• Time: 8:00am-10:00am

• Person Resp. Joe

• Partnership-Jeff

• Forecast

May 21st• Time: 8:00am-10:00am

• Person Resp. Roger

• Selling Cloud and Product Demo-Rob

• Smart Business Roadmap Training-Role Play-Case Study

• Forecast

June 4th• Time: 8:00am-10:00am

• Person Resp. Joe

• Account Planning/Strategy

• Using CRM Software-Jeremy

• Forecast

“if you had it to do over again, what would you do differently, if anything?”

One on One Management

• Tell them “what it is you do not like”

• Tell them “how it makes you feel”

• Tell them “why it makes you feel

that way”

• Gain their viewpoint: “How do you

feel about it”

• Agree together on Action Plan to

correct.

Reviewing Performance

• “Inspect What you Expect”

• “What Get’s Measured, Get’s Done”

• You Can’t Manage What You Can’t Measure”

Keith Lubner, Managing Partner/President Channel Consulting Corp | C3

Keith’s Contact Info:

Email: klubner@channelconsultingcorp.com

Website: www.channelconsultingcorp.com

Channel

Enablement &

Recruitment

Ecosystem

Acceleration,

Optimization,

& Productivity

Programs

Channel

Marketing

Services

Channel

Strategy,

Metrics, &

Business

Intelligence

Cloud & Mobility Channels

Development & Launches

Singularly FocusedVAR, ISV, Distributor, Retail TECH

Channels

Acceleration FocusedPrograms that spur fast growth

and profits

56

Select a “buddy” for follow up and mutual coaching2

Send your weekly and monthly results to your manager3

Three weeks of actions designed to review, refresh and

utilize the knowledge and skills you have learned

1

Sustainability Program

Track your results and measure your performance4

Activity: Sustainability and Success

Sustainability Tracking Tool

Business Tracking Tool

www.AcumenMgmt.com/CloudToolKit

Get Started with…

2 Engage Partner Benefits1 Sign up for the Marketplacewww.Elevate.IngramMicroCloud.com

3Attend the Tuesday “Trainer

Series” webinars

Begin transacting on

the Marketplace4