Some companies prosper and draw the business world’s attention. They continuously grow, innovate and impress. In contrast, others struggle, never breaking through to reach their desired success. The latter must deal with downsizing, financial shortfalls, market-share losses and tarnished reputations.
In our 14 years of consulting experience and almost 30 years of working experience, we have found that 80% of executives spend the majority of their time with the 20% of employees who do not achieve results. Unfortunately, this means they don’t have time to spend with the stars who achieve 80% of the results. […]
The Amazon Effect remains top of mind with CEOs. Whether they compete directly (which is less than 1% with my clients), supply or distribute for Amazon (which is a slightly higher percentage) or are just impacted by the Amazon Effect, it is a major source of concern and/or opportunity. Have you thought about what Amazon […]
We live in an age of remarkable products and services from inventive thinkers with lofty ideas. These visionary leaders, who don’t think or work like anyone else, have started businesses based on novel concepts, and those whose achievements greatly impact society are afforded special status.
Alignment might sound like a fluffy concept, but it delivers bottom line results. Our most successful clients have achieved the most substantial results from alignment. Although SIOP (Sales, Inventory, Operations Planning) gets a wrap as a technical topic, in our experience, it is the alignment portion of SIOP that delivers the bacon! For example, in […]
Sales velocity is a powerful metric that every sales leader must know inside out. While it measures how fast you’re making sales and earning revenue, it gives you something even more valuable. You gain an understanding of the relationship between the four key activities that comprise your sales velocity: opportunities, deal size, closing rate and sales-cycle speed.
To help you understand why the buyer is buying from you, here are the answers you must obtain from every customer:
Why they will choose you over your competitors; (their buying criteria)
What they want to accomplish by buying your product or service; and (what they are trying to improve or solve)
What’s the value they associate with what they’re buying. (what is their desired ROI)
So how do you get those answers? With improvements to three tactics.
Visionary leaders like to walk among the clouds, devoting themselves to the future, the impossible and the things that could be. Unfortunately, businesses must be run with both a widescreen view and in-the-trenches focus, so pure visionaries with only big-picture mindsets are vulnerable to losing track of their enterprises.
In every sales territory and in every organization, there’s a hidden danger: one that has the potential to be lethal if left unchecked. It emerges only when “the unexpected” occurs. That’s usually something big and potentially destabilizing. It could take the form of a sudden severe weather event, a change in management, a shift in organizational priorities in your client’s company, or even a downturn in one or more sectors of the economy.