Cracking the Sales Management Code Improved Sales Performance through Better Sales Management Tom Disantis An Innovative Sales Leader • Assigned Territories • Defined Sales Processes • Assigned Quotas • Trained Salespeople • Held National Sales Meetings • Paid Commissions • Ran Sales Contests John Henry Patterson 1844–1922 What did he forget? Times, They are a-Changin’ ? Sales has Radically (and Quickly) Transformed Our Managers Our Reps Our Customers Then v. Now Sales Management Then… FOCUSED ON OUTCOMES Sales Management Now… FOCUSED ON… WHAT? An Intense Job Sales managers face many pressures daily Pressure from Above • Reporting & Analytics • Forecasting Pressure from Within • Scratching the sales itch • Hitting sales goals • Urgent v. Important Pressure from Below • Fielding rep requests • Activity tracking • Helping with customer issues The Real da Vinci Code Simplicity is the ultimate sophistication. Leonardo da Vinci A Brief Introduction Vantage Point’s Four Pillars • Focus on Sales Management • Advancement through Research • Sales Methodology Neutral • We Simplify to Achieve Results I don’t have less to do now, but I’m no longer rushed to do it. I now have time to do what I am supposed to do. Sales Manager, Medical Equipment Manufacturer Starting from Scratch... 306 Pieces of Chaos The Critical Question Getting this Right is the Key Can Sales Managers Manage this? Can Managers Manage this? Some YES Can Managers Manage this? Some NO Can Managers Manage this? Some Maybe A Framework Emerges Critical Differences Exist Organizational outcomes that can not be ‘managed’ whatsoever Intermediate objectives that can be influenced, but not directly controlled Sales Rep and Manager activities that can be proactively managed Step 1: Build the Right Path for Success Identify the Activities that Yield Results Identify the results you want to achieve Select and quantify the best objectives that will lead to those results Link the objectives to relevant activities, and manage them relentlessly. A Few Examples Reverse-Engineering Success Create 1 each month Review Quarterly A Few Examples Reverse-Engineering Success 4 calls/week to underpenetrated accounts Review Monthly Why Does this Matter? Focus on Execution of the Activity 4 calls/week to underpenetrated accounts Review Monthly Step 2: Establish Management Rhythm When, Where, and How to Manage these Activities • • • • Phone ? Office ? Field ? Online ? Step 3: Formalize the Conversation Establish a Deliberate Conversation with an Agenda, Inputs, and Outputs Seeing it in action Vantage Point Engages ABC Company ABC wanted to increase revenue results by > 20% Vantage Point identified improving close rates as the biggest objective to achieve growth results Vantage Point found that early stage qualification activities needed to improve dramatically What a Difference an Hour Makes The impact of focused sales management This was the most practical training I’ve received as a sales manager. Sales Manager, ABC Company Then v. Now Sales Management Then… FOCUSED ON OUTCOMES Sales Management Now… FOCUSED ON… REP DECISION MAKING The Task at Hand Focus on Enhancing Sales Management In Summary The Keys to Unlocking Your Sales Investments • Simplify your sales managers’ jobs • Build the right path: Results Objectives Activities • Focus your managers intensely on the execution of those activities • Formalize and reinforce a management rhythm For More Information www.VantagePointPerformance.com/SAVO • Copy of this presentation • Download first two chapters of “Cracking the Sales Management Code” Booth 1 @salescode Thank you For more information SAVO Web Site: www.savogroup.com Sales First Nation: www.savogroup.com/sales-first-nation/ SAVO Products: SAVO Phone: www.savogroup.com/products/ 312-276-7700