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Characteristics of Great
Sales Management
Sales Management Series
Class 1
Agenda
1. Understanding sales management
2. Defining your opportunities
3. Building your team
4. Goal setting
5. Developing a Sales Management plan
6. Motivating and leading
Sales Management
• What is it?
• Why do you need it?
• How do you develop it?
• How do you make it part of the culture?
Top 10 characteristics of a successful
sales management function
1. Has a seat at the table to help craft the vision
2. Is the voice of the customer and the sales team
throughout the organization − cross functional
3. Is always looking for a better way of doing
things to get better results
4. Knows how to prioritize and motivate others
5. Has a methodical approach to the market –
able to direct resources
Top 10 characteristics of a successful
sales management function
6. Wants to win
7. Can build a team – Coach – Make tough
decisions
8. Uses data to guide decisions – objectivity
9. Not afraid to give credit to others
10.Sells more through the team than they can
on their own
1. Have a Vision/
Organizational Alignment
• Know what you want to be and where
you want to go
• Never satisfied
• Agility
• Have a publicized goal - BHAG
2. Market Oriented/Customer Focused
• Know their “ideal client”
• The customer is king
• Aligned on the customer like a LEAN
manufacturing process
• Outstanding marketing content
− Client-centric
− Multiple channels
− Communication
3. Culture of Continuous
Improvement and Learning
• Make improvements over time at all levels
• Realize improvement is not a cost
• Culture of innovation
• Bottom up solutions
4. Operate Under a Sense of Urgency
• Shorter sales cycles
• Custom solutions
• Offensively and defensively strong
• Eliminate constraints for the sales force
5. Process Driven
• Defined processes and systems
• Clearly define how a customer goes
from A to Z
• Flawless execution
• Coach to the system/process
• Accountability
6. Superior People
• Hire right for the right traits
• Can teach products and skills
• Can’t teach enthusiasm or drive
• Treat people as the end
• Give the people the tools they need
• Invest in them (training)
7. Results Focused
• Tangible results are still a primary objective
of any company
• Success comes from execution at all stages
• Successful funnel management
− Volume and velocity
• KPI’s – leading indicators
8. Can Measure Success
• Sales and profits do matter
• How you get them matters
− Professional sports teams analogy
• Utilize business intelligence
• Consistency/rhythm/cadence
9. Reward Success
• Celebrate success
• Pay for performance
• Give everyone skin in the game
• Open book management
10. Have Strong Sales Leadership/
Sales Management Function
• Leader
• Business manager
• Coach
• Recruiter
• Trainer
Top 10 Characteristics of a Successful
Sales Management Function
1. Has a seat at the table to help craft the vision
2. Is the voice of the customer and the sales team
throughout the organization − cross functional
3. Is always looking for a better way of doing
things to get better results
4. Knows how to prioritize and motivate others
5. Has a methodical approach to the market –
able to direct resources
Top 10 Characteristics of a Successful
Sales Management Function
6. Wants to win
7. Can build a team – coach – make tough decisions
8. Uses data to guide decisions –­ objectivity
9. Not afraid to give credit to others
10. Sells more through the team than they can
on their own
Having a Goal and a Vision
•What is your goal?
•Financial VS Non­Financial
Marketing Message
• Not about you!
• Who is the customer?
• What do they want?
• How do they buy?
Benchmarking
•Where are you today in your efforts?
Hiring for Fit
• Personality assessments
• Motivators
• Sales traits
• Environmental factors
Sense of Urgency
•What happens when you leave today?
•Complacency Test
Defined System and Process
•What is your Sales Process?
•What is the Buying Process?
•What is your on-boarding process?
•Hand-off?
•Closers VS Account Managers
Leading Indicators
• Leading vs. lagging
• Rear view mirror or speedometer
Measuring and Celebrating Success
•When was your last party?
•Would you even know when to throw
one?
Compensation Alignment
•Straight salary
•Cash incentives
•Top-line VS margin
•Premium incentives
•Blended
•Spiffs
•Rewards & recognitions
Defined Structure
•Regional
•Product group
•Service specialization
•House accounts
•New accounts (Eat what you kill)
Top 3 Duties of a Sales Manager
1.Recruiting
2.Setting goals and developing plans
3.Coaching
Building Your Team
Assessing talent
• Knowing who is on your team
• Are they in the right seats of the bus
• Hire for fit
• Hiring and firing
Structuring Your Team (Company)
• Leading from the front, the trenches,
or the office
• By region/product/market/area code/zip
code/eat what you kill
• What do the customers want?
− Support roles
Goal Setting
• What’s your goal?
• Who developed it?
• SMART
Developing a Plan
• Necessary activities
• Delegation and support
• Top of the funnel
Motivation and Leadership
• Managing former colleagues
• Leading by example
• Win commitment by earning trust
• Help sales people achieve their potential
• Share credit
• Accept responsibility
Peter C. Rathmann, MBA
President
262-442-0896 | peter@salestechnik.com
www.salestechnik.com

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Characteristics of great sales management

  • 1. Characteristics of Great Sales Management Sales Management Series Class 1
  • 2. Agenda 1. Understanding sales management 2. Defining your opportunities 3. Building your team 4. Goal setting 5. Developing a Sales Management plan 6. Motivating and leading
  • 3. Sales Management • What is it? • Why do you need it? • How do you develop it? • How do you make it part of the culture?
  • 4. Top 10 characteristics of a successful sales management function 1. Has a seat at the table to help craft the vision 2. Is the voice of the customer and the sales team throughout the organization − cross functional 3. Is always looking for a better way of doing things to get better results 4. Knows how to prioritize and motivate others 5. Has a methodical approach to the market – able to direct resources
  • 5. Top 10 characteristics of a successful sales management function 6. Wants to win 7. Can build a team – Coach – Make tough decisions 8. Uses data to guide decisions – objectivity 9. Not afraid to give credit to others 10.Sells more through the team than they can on their own
  • 6. 1. Have a Vision/ Organizational Alignment • Know what you want to be and where you want to go • Never satisfied • Agility • Have a publicized goal - BHAG
  • 7. 2. Market Oriented/Customer Focused • Know their “ideal client” • The customer is king • Aligned on the customer like a LEAN manufacturing process • Outstanding marketing content − Client-centric − Multiple channels − Communication
  • 8. 3. Culture of Continuous Improvement and Learning • Make improvements over time at all levels • Realize improvement is not a cost • Culture of innovation • Bottom up solutions
  • 9. 4. Operate Under a Sense of Urgency • Shorter sales cycles • Custom solutions • Offensively and defensively strong • Eliminate constraints for the sales force
  • 10. 5. Process Driven • Defined processes and systems • Clearly define how a customer goes from A to Z • Flawless execution • Coach to the system/process • Accountability
  • 11. 6. Superior People • Hire right for the right traits • Can teach products and skills • Can’t teach enthusiasm or drive • Treat people as the end • Give the people the tools they need • Invest in them (training)
  • 12. 7. Results Focused • Tangible results are still a primary objective of any company • Success comes from execution at all stages • Successful funnel management − Volume and velocity • KPI’s – leading indicators
  • 13. 8. Can Measure Success • Sales and profits do matter • How you get them matters − Professional sports teams analogy • Utilize business intelligence • Consistency/rhythm/cadence
  • 14. 9. Reward Success • Celebrate success • Pay for performance • Give everyone skin in the game • Open book management
  • 15. 10. Have Strong Sales Leadership/ Sales Management Function • Leader • Business manager • Coach • Recruiter • Trainer
  • 16. Top 10 Characteristics of a Successful Sales Management Function 1. Has a seat at the table to help craft the vision 2. Is the voice of the customer and the sales team throughout the organization − cross functional 3. Is always looking for a better way of doing things to get better results 4. Knows how to prioritize and motivate others 5. Has a methodical approach to the market – able to direct resources
  • 17. Top 10 Characteristics of a Successful Sales Management Function 6. Wants to win 7. Can build a team – coach – make tough decisions 8. Uses data to guide decisions –­ objectivity 9. Not afraid to give credit to others 10. Sells more through the team than they can on their own
  • 18. Having a Goal and a Vision •What is your goal? •Financial VS Non­Financial
  • 19. Marketing Message • Not about you! • Who is the customer? • What do they want? • How do they buy?
  • 20. Benchmarking •Where are you today in your efforts?
  • 21. Hiring for Fit • Personality assessments • Motivators • Sales traits • Environmental factors
  • 22. Sense of Urgency •What happens when you leave today? •Complacency Test
  • 23. Defined System and Process •What is your Sales Process? •What is the Buying Process? •What is your on-boarding process? •Hand-off? •Closers VS Account Managers
  • 24. Leading Indicators • Leading vs. lagging • Rear view mirror or speedometer
  • 25. Measuring and Celebrating Success •When was your last party? •Would you even know when to throw one?
  • 26. Compensation Alignment •Straight salary •Cash incentives •Top-line VS margin •Premium incentives •Blended •Spiffs •Rewards & recognitions
  • 27. Defined Structure •Regional •Product group •Service specialization •House accounts •New accounts (Eat what you kill)
  • 28. Top 3 Duties of a Sales Manager 1.Recruiting 2.Setting goals and developing plans 3.Coaching
  • 29. Building Your Team Assessing talent • Knowing who is on your team • Are they in the right seats of the bus • Hire for fit • Hiring and firing
  • 30. Structuring Your Team (Company) • Leading from the front, the trenches, or the office • By region/product/market/area code/zip code/eat what you kill • What do the customers want? − Support roles
  • 31. Goal Setting • What’s your goal? • Who developed it? • SMART
  • 32. Developing a Plan • Necessary activities • Delegation and support • Top of the funnel
  • 33. Motivation and Leadership • Managing former colleagues • Leading by example • Win commitment by earning trust • Help sales people achieve their potential • Share credit • Accept responsibility
  • 34. Peter C. Rathmann, MBA President 262-442-0896 | peter@salestechnik.com www.salestechnik.com

Notes de l'éditeur

  1. Thanks to the MBA for allowing me to come in Thank you for taking an interest in this topic Accountability…most sales reps hate it. Most managers don’t like to follow through with it. For some reason, I feel this has been the #1 topic of conversation over the past few weeks with prospects and or clients looking to enhance their sales culture or consistently grow sales Salespeople must be held accountable for their results. This is a fact of Sales Management. Ideally, you'd like for them to do it themselves... absolving you of that unenviable responsibility. In a perfect world, that would be an option. However, that's not reality. What helps is hiring good salespeople with good products and services to sell. Also, managing and leading them well is an asset. In the end, how you handle that difficult conversation is entirely up to you. Hopefully, you'll see that you can do it and can garner even more respect when you do it well. Every day, companies allow sales people to provide excuses as to why they didn’t perform certain prospecting behaviors. Yet, if this same company had its service techs scheduled for six calls and the techs stopped after their third service call, would the company put up with that? Accountability doesn’t have to be a dirty word that makes most people’s skin crawl. If done correctly, accountability can help propel a salesperson’s career path, help prospects and help companies at the same time. Accountability can be a good 14-lettered word that helps the sales rep become more productive and the company more profitable.