Apr 222012
 

Could one of the traits of a good leader be erasing and ignoring stereotypes?

Not trying to espouse and pose a rhetorical question, but exploring the question.

Can a good leader erase clichés from his or her thought process and instead turn to assessment, listening, understanding, experiencing and learning instead?

 

Here are some:

  • Men are better executives.
  • Men are more aggressive salespeople
  • Immigrants do not do as well because they do not have local experience.
  • People who work from home are lazing.
  • ‘Command & Control’ gets better results than caring and accommodating.

The point is that these might be true for some people some of the time, but blanket statement and generalities are just that. A good leader listens and understands and draws conclusions based on information – not general and vague assumptions.

And there goes one cliché that needs to bite the dust: being cooperative and helpful detracts from the ‘executiveness’ of a person!

Jan 162012
 

Salespeople have a tough time of it.
Why is it that they don’t always sell more and occasionally not achieve their quantitative goals even though they are on a quota with a variable pay component, et cetra et cetra?
Shocker: Most salespeople do not care for the money above a certain level and are more concerned with something else. What is that ‘something else?’ Acceptance, promotion and stability. Yes, those things should coincide with hitting the quota, but understand that beyond a certain dollar amount most salespeople are ‘okay’ with not making more. That variable amount changes depending on the level or seniority of the salesperson, but most sales folk are concerned with looking good to their bosses, getting love and admiration from their company and winning with customers.
Consider that when you think about motivating the sales team. And think about that when asking yourself what the base/variable compensation mix should be.

Also, consult the salespeople on product direction and marketing efforts and customer feedback. Not only are they the frontline, but also they want to feel wanted. You could be getting a 2-for-1.

Dec 112011
 

 

I recently read and reviewed Love ‘Em Or Lose ‘Em: Getting Good People To Stay by Beverly Kaye and Sharon Jordan-Evans. The book was a comprehensive digest of progressive management of people.

A review of the book is here: http://www.alighaemi.com/wp/?p=860.

 

I had the occasion to speak to Beverly Kaye about the contents of the book and bring you her answers and thoughts on topics covered by the book.

Bev, if you do not mind let me play the devil’s advocate for my first question. Is the concept of the book anachronistic given the tough times and the high unemployment rate?

Absolutely not!  The issue of engagement and retention is just as important in tough times as it is in good times.  The truth is that talented employees have choices, they can find other opportunities. Organizations or managers who feel they can relax because people aren’t going anywhere… or there’s plenty of talent out there… they will find themselves in hot water – if not already – soon.

 

When speaking with employees, or people in general, they seem to give more emphasis and credence to pay and salary than much of the research, including yours, implies. Am I speaking to a non-representative sample?

Many employees will use “better opportunity” or “higher salary” as reasons they leave, at least that’s what they write on their exit interviews.  But, if you take the time to follow them to their next job you will find that their reasons are often much more specific and many of those reasons have to do with their own manager.  Not feeling valued, appreciated, challenged, even noticed comes out higher on the list every time.  Not saying that pay is not a reason, or not important. It is, but if it is competitive and an individual is being challenged and talents are used appropriately then it will not be a factor in whether one stays or leaves.

 

The biggest criticism one could accord the book would be that much of its advice is beyond the power or reach of front-line managers. Love ‘Em Or Lose ‘Em insists managers are the most influential factor in whether employees stay. Could you reconcile these two notions?

I still believe that much of the power rests with the manager and that it is the relationship with the manager that is one of the most important factors in engagement and retention.  When we wrote Love ‘Em… we worked hard to make sure that most of the ideas were low cost or no cost, so I’d challenge you to find that the tilt is in the other direction.  Again, it takes a creative manager, willing to think outside the box, to take any idea we mention and tweak it so that it applies to his direct reports as individuals.  This means you need to know them first!

 

In your opinion, are modern managers getting better at leading their employees or are old-school habits persisting? Do you have any view or research in this regard?

I think the main old-school habit that seems to persist has more to do with the development discussion than the engagement conversation with a manager.  Managers have an erroneous belief that all of their people have a desire to move up in the organization and if those upward spots are not available they avoid that particular conversation instead of staying open and getting to know the career aspirations of their employees.  Career development and opportunities to learn and grow continue to be one of the major drivers for engagement and retention.

 

On the flip side, what would you reckon is the employees’ responsibility in regards to making their jobs and days pleasurable and successful?

When managers around the globe thanked us for the ideas in Love ‘Em  – not rocket science, but ideas that are easy to forget – and asked us my co-author and I wrote a companion book to Love ‘Em, what about employees (they asked)? Don’t they have a role in this? Shouldn’t they be responsible for their own job satisfaction?  The answer is ‘of course they do.’  We took the same 26 strategies and re-wrote the book from the employee’s perspective!  It’s titled Love It Don’t Leave It: 26 Ways To Get What You Want At Work. It makes a strong point that an employee cannot and should not wait for their manager to start the conversation. They need to initiate it as well.

 

Beverly Kaye is currently working on a new book, which is due in 2012. The new book is tentatively entitled Help Them Grow Or Watch Them Go and will be a book for managers to deal with career development issues. For more information visit the website of Career Systems International at http://www.careersystemsintl.com/.

 

Thanks to Michelle Zionkowski and especially to Lorianne Speaks for coordinating and facilitating this conversation with Beverly Kaye.

 

Nov 282011
 

Salespeople: do you know why you should undertake a task? Do you have a reason you can convey to customers that explains why doing something is beneficial? Has your sales manager explained to you the ‘why’ of what you are being asked to do or shortchanged you in the interest of simplicity and saving time and only given you the ‘what?’
Managers: Have you explained the ‘why’ to your teams? People who know why they need to do something, why they need to do it a certain way or in certain timeframe do it better as they are armed with a reason, rationale or logic. Take the time.

Asking ‘why’ also helps instill continuous improvement by questioning why something is done in a certain way and if a better process could come to be. Malcolm Gladwell’s Outliers: The Story Of Success has a detailed briefing on the risks of ‘soldier mentality.’ For example, Korean Airlines’ poor safety record in the 20th Century is partly attributed to pilots, co-pilots and other personnel never questioning an order and never examining the ‘why.’ It makes for interesting reading.

Sep 092011
 

Kristin Condon is a Toronto-based recruiter specializing in sales positions. We picked her brain on what recruiters recommend and look for, how to get a job and the state of the job market.

 

 

– Kristin, could you elaborate on your experience and career thus far. What is your area of focus?
I have 13 plus years of recruitment experience – both agency and corporate. My current area of focus is sales recruitment of all levels, for all industries.

– What is some advice you would offer to individuals seeking a sales role or seeking a team management role? What traits are needed and what background is desirable?
This all depends on the level of role and industry – and there may be specific experience needed or required for example industry experience, inside sales management experience over outside, et cetra. Overall, most sales management roles are looking for leaders that have previous experience managing a team, someone who has previous experience as a proven salesperson and someone who is passionate about coaching and mentoring others.
As for Salespeople, desirable traits are previous experience, motivation, drive and being incented by money is key. Any sales metrics where they can show and prove their success – ideally on an incline in their career is key, that is how each role provides new and additional experiences. As far as advice please make sure to have voice-mail on your cell phones! So many salespeople do not and be sure to leave your name and number when you leave a message. Have firm handshakes, know your metrics like what is your sales quota, did you meet it or exceed it and if so, by how much, were you number one on your team? What was your average sale size? What was the sales cycle? Who do you sell into? Et cetra.

– What does a recruiter look for when interviewing, filtering and assessing a candidate for the above-mentioned roles? What would a recruiter appreciate from the candidate?
The ideal candidate is someone who is truly looking for a partnership. They value the recruiter and what the recruiter can do for them which is to get them in front of the decision-maker, give them all the necessary details so that they can properly prepare and give them feedback afterwards whether good or bad. A recruiter needs the candidate to have the right attitude – positive, thoughtful – and to know what they want. It is very difficult to help candidates that are looking for any role in any industry and don’t know what type of role or environment they like or at what they have excelled. A candidate needs to prepare properly. At the end of the day a sales interview really is a sales meeting. It is up to the candidate to sell himself to the hiring manager and to close the deal – or at least get to the next step in the process.

– Conversely, what are the bigger mistakes or faux-pas you have seen from candidates?
Candidates that try to wing the interview and don’t prepare; are not specific in their answers and are vague rather than giving specific examples; that are negative about past employers; that have too many excuses about why they were not successful and that have jumped around too much.

– Any recommendations or thoughts for individuals who are interested in a career change into sales or group management?
You need to expect to start at the bottom. The best sales role to get into is a hunting or business development role even if you only do it for a year or two. It will give you great insight into sales and help you evolve.

– How is the market as of today? What is the job market outlook for candidates in your territories?
Great! Sales is one of the best roles to be in – no matter what the market looks like, companies are always hiring sales people – they help grow the bottom line (smiles)!
Kristin can be reached at Kristin@salestalentagency.com or by calling 416-605-5964.

Aug 232011
 

For years the sales funnel has given order to sales opportunities, forecasting and businesses’ financial predictions and revenue reporting. But does it still matter? Does it work? The sales funnel or pipeline typically began with awareness/contact and progressed to the sales process’ completion. Nowadays though customers come much better informed, occasionally knowing what they want, having seen/ran their own demos online and care nothing for the sales process. In the information era how can a funnel exist if customers can enter it anywhere and anytime?

Aug 102011
 

Sales managers are responsible to both their employees and the companies for which they work. That means that team managers need to hire and keep the best people possible.
Most salespeople, typically, do not fall into either extreme of being the ultimate sales machine or being unbridled failures. The typical salesperson falls somewhere in-between.

This is where the manager’s job gets intricate.

This salesperson needs a personal approach based on his character and preferences. This salesperson needs monitoring and motivation. This salesperson needs to be pushed, pulled, left alone or closely monitored based on the circumstance. There is no formula. The manager has to figure it out based on that salesperson’s particular qualities, goals or based on mutual agreement. The hard work will inch the employee forward towards becoming the top salesperson – but it took customized attention and more time, but it is worth it.

Jul 302011
 

Most people in a sales capacity have gone through sales training.
Often, the training has been offered at work and could have been in-house or, more likely, outsourced. Popular ones in North America are SPIN, Infomentis, Covey or Winning Inc. There are many other companies, methodologies and authors who are parlaying a book into a training career.

Most sales training fail. While there are often incremental or short-term benefits, a long-term and apparent goal is not realized. The training is soon forgotten or its practice diminished. Here are several reasons why.

1- The particular sales training is not suited for the company, mission or the level of employees being trained. Just because one methodology works for company ‘IME’, does not necessarily follow that it is pertinent for company ‘AHG.’ What does your company do? Which industry do you compete in? Are the trainers experienced and knowledgeable in the nuances of your firm’s competency?

2- The coaching firm was picked because the principle or the trainer is an acquaintance of an executive. This is why there might be a mismatch between the supplier and the subject of the training. It might also be why the training is fleeting. With the departure of one executive, the training company is also exchanged for another.

3- You wanted training, coaching and knowledge. You got a motivational speaker instead. What happens once the ‘ra ra’ of the master/guru dies and the adrenalin subsides? A motivational speaker does not speak to the company’s talent deficiency.

4- Most important reason most sales training fails is that either there is no follow-up planned, no follow-up budgeted for, the training is not in the trenches or does not extend to actual coaching in the trenches and, most importantly, is not a process. Perhaps there is no way, including a tool, to measure the implementation of the course’s recommendation and observance. Learning does not happen in an hour or a day. Practice makes perfect. The training has to project from the classroom to the desk, office or the field and be measured there.

Sales training assumes a team with a level of acumen and complex thinking ability. Absent these training may be early and not suitable for the team.

Companies should make a long-term commitment to a sales methodology, based on analyzed needs, and pursue it with consistency. Short-term training that is not followed up and only stays with a company for a short period and is not subsequently measured where it is practiced is bound to be short-lived.

 

 

 

 

Jul 222011
 

Several months ago I posted about Daniel Pink’s Drive. His assertion is that ‘creative’ employees and roles are better linked to non-monetary incentives once a base level of remuneration is reached and achieved.

http://www.alighaemi.com/wp/?p=522

Compensating employees that are wholly, or more likely partly, commission or bonus-based is still a matter of much argument. Pink’s synopsis of years of research into the subject suggests most companies have it wrong. In fact, whole companies and systems exist to figure out how to calculate the variable portion of employees’ pays.

www.varicent.com

www.callidussoftware.com

www.silverlinesales.co.uk

Others just make do with Excel.

However, fact is, most salespeople are still placed in a stick and carrot setting.

  • Most are paid a commission based on either a goal of total revenue or profit margins. These are simple and based on desirable revenues and associated profits. The net earnings may be an explicit target. The notion is that the salesperson applies maximum pressure to customers to obtain the highest price available for goods or services in order to maximize revenue and profit.
  • Companies have resorted to making gross profit the top incentive for salespersons in order to ensure the salesperson does not overly discount. The downside of such an approach is that salespersons might avoid engaging in sales that earn them little money, even though their employing company might actually need the revenue and cash flow at that time.
  • Other incentive planners have resorted to creating tasks and challenges for the salesperson to achieve. These, typically, are accorded to more specialized sales functions such as marketing including telemarketing or technical pre-sales. Quota may revolve around number of calls, number of leads in the funnel, number of demos or customer visits and even customer feedback and satisfaction based on surveys. Negatively, such plans might indicate to the salesperson that once the target is attained further gains are nominal or not essential.
  • From a salesperson’s perspective it is critical that the goals be explicit, simple and comprehensible. Capping a compensation plan might also allow for better budgeting, but is counterproductive given the penchant for work to slow down once 100% of goal – and payout – is attained. Companies and managers should also be mindful of creating convoluted and multi-pronged compensation plans that may not be easily, or at all, understood.

Like any relationship both sides win when both sides are satisfied. Management needs to consider the perspective of the employee before creating and operationalizing a plan.

Jun 102011
 

A new Consumer Reports investigation reveals companies know something we don’t: bad customer service pays (apparently).
Which one of us has not had a bad experience at the hands of a company’s customer service representative or department? How many of us have decided against a purchase because of this? The catch is that the lack of service often comes after purchase.
The Consumer Reports article points out that the “Better Business Bureau logged 1.1 million complaints against North American businesses last year.” The worst of the worst in a study of eight industries? None other than Walmart and Sam’s Club. As I said, these companies know something we do not. They are not only the worst of the worst, but also the biggest of the biggest.

Things That Need To Go Away:
-Someone returning a Bible is told books are not returnable.
-Dell replaces computers with refurbished units should the computer be more than 90 days old. The replacement took a month to arrive and was a different model.
-An American trying to disconnect his AT&T home telephone spent 6 hours on the phone to India and the United States, with the added bonus of being disconnected several times.

Consumer Reports July 2011 Customer Service Deteriorating