Transcript
Page 1: Webinar | Opportunity Management - Mind the Reality Gap

Opportunity Management:

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© The TAS Group 2014

Roger White EMEA Sales Operations Mgr.

Tim Foster AVP Sales EMEA

Maureen Blandford EVP Marketing.

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© The TAS Group 2014

Agenda • Why Opportunity Management Fails • How to get the Data you need •  The most critical Question • Manager Effectiveness

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© The TAS Group 2014

Why Opportunity Management Fails?

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© The TAS Group 2014

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© The TAS Group 2014

Gap# 1- The Process Gap

Buyer Decision Stages

Sales Process Stages

Impact Analysis Evaluate Accept Implement Awareness

of Need Operations & Planning

Solution Collaboration Commit Implement Qualify & Discover Business

Development

Customer is here

You are here

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© The TAS Group 2014

Gap #2 – The Coaching Gap

TIME

Buyer Sophistication

Effectiveness Of Sales Rep

SOPH

ISTI

CAT

ION

Manager Coaching: Close the Gap

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© The TAS Group 2014

Strategy Execution

Actions Follow  Up  

Key Players�

Objections

Evidence

Business  Case  

Gap #3 – The Strategy vs Execution Gap

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© The TAS Group 2014

How to Get the Data You Need?

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© The TAS Group 2014

Opportunity Management Framework Assess the Opportunity

Test and Improve the Plan

Turn Ideas Into Action

Develop the Relationship Strategy

Define the Competitive Strategy

1

2

3

4

5

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© The TAS Group 2014

The Most Critical Question?

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© The TAS Group 2014

“ “ You can only sell a solution after you

find the problem.

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Manager Effectiveness

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© The TAS Group 2014

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© The TAS Group 2014

Why Was it Worth It? •  Increased performance in teams – top teams outperform

other teams by some 40% •  Improved performance in New Hires over previous years •  Improved Retention in New Hires • Better reporting capability •  Leading a culture change from individual to collective • Better focus on core sales skills development • Creating an environment of peer to peer learning

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© The TAS Group 2014

Where to Start? Sales Execution

Sales Management Customer Insight

Organizational Impact

1. Poor qualification 2. Extended /slipped sales cycles 3.  Late stage deal surprises 4. Price pressure / High discounts 5. Poor team collaboration

1. Poor pipeline visibility 2.  Inaccurate sales forecasts 3. No common sales language 4. Resources applied to wrong deals 5.  Long ramp-up time for new hires

1. Manager involved late in the deal 2. Quarter-end fire drills 3. Managing not coaching 4. High rep turnover 5.  Low % reps achieving quota

1. Buying process not understood 2. Customer challenge unknown 3. Buyer controls the sale 4.  Limited Key player access 5. No customer verifiers

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Thank You!


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