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Tony Cole, President & CEO ©ACTGLLC 2010 Motivate Your Average Sales Producers from Good to Great

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Page 1: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Tony Cole, President & CEO

©ACTGLLC 2010

Motivate Your Average Sales Producers from Good to Great

Page 2: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

BEW Good to Great ©ACTGLLC 2010

Page 3: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Suppose? Sales Function Current Improvement Result

Attempts 5000 10% 5500

Contacts 500 0% 550

Appointments 250 10% 302

Opportunities 125 10% 166

Presentations 100 0% 132.8

Closed 50 0% 66.4

Average $$$ 20,000 10% 22,000

NB Sales 1,000,000 1,460,800

# of Reps (Core) 6 6

Impact 6,000,000 46% 8,764,800

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Page 4: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

What is The Variability Costing You?

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Page 5: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Today’s Focus

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Page 6: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

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Page 7: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

• Knows what motivates people

• Has a strong self image • Gives

recognition • Does not accept

mediocrity

The Motivator

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Page 8: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

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Page 9: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Personal Goal Setting Health Financial

Family Community

Spiritual Emotional / mental

Things you want to do Things you want to have

Places you want to go What you want to be

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Page 10: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Lofty Goals – Is This You?

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Page 11: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

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Page 12: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

DISCIPLINE OF MARKET LEADERS

• “There is only one leader.” Phil Knight, Nike • 3-Steps:

Choose Your Customers Narrow Your Focus Dominate Your Markets

From Good to Great

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Page 13: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

1. CHOOSE YOUR CUSTOMERS

Clients - Top 20% • 80/20

Clients – Top 5% • 50/5

Increase your revenue by 50% • Bring on 5% more clients like your top 5%

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Page 14: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

2. NARROW YOUR FOCUS

• Cannot be all things to all people • Stand for something, or you will fall for anything • What are your 3 most important moneymaking

activities? • 10 Most Wanted List • What are they? • Who owns it?

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Page 15: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Extraordinary Experience

Exc

eed

Exp

ecta

tions

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Page 16: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Creating the ‘Advocate’

3. DOMINATE YOUR MARKET

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Page 17: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

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Page 18: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Inspect what you expect

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Page 19: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

3 Stages of Coaching Success

Consistent Execution

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Page 20: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

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Page 21: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Analyzing the Huddle Data Activity for _________ Running total – 4 weeks

Target Actual Percentage Completed

Contacts 25 25 100%

Appointments / calls 5 4 80%

Opportunities identified 3 1 33%

Presentations to closes made 2 3 150%

Closed business 1 1 100%

Revenue generated 50,000 45,000 90%

Accepted referrals 5 5 100%

IM and T or XSell opportunity

2 4 200%

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Page 22: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Waldo?

47 BISA ©ACTGLLC 2009-2010

Whe

re’s

(Stay out of way) (Heading for slump)

(Data or performance issue) (Why are they still here?)

Effort Lack of Effort

Page 23: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Coaching from Huddles

When there is a variance in actual activity compared to goal When there is a variance in actual results compared to goal When there is a lack of participation

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Page 24: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

The Coaching Discussion: I see… We need to discuss… My office coaching hours are… Schedule 15 minutes Be prepared to discuss…

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Page 25: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

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Page 26: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

The Conversation: Lack of Effort

• Sales Leader with RM: • Let’s review the extraordinary

goals that you established. Something must have changed. Your efforts are inconsistent with what you laid out in your success formula. I am concerned. What has changed?

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Page 27: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

The Conversation: Lack of Execution

• Sales Leader with RM: • Based on the huddle data,

something is not matching up. Either the success formula you established is wrong, you are giving me false data or you are not very effective executing the sales system. Which one is it?

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Page 29: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Are You A Hostage?

Identifying questions Those holding you hostage

Who is on the team that doesn’t perform today?

Why are they there? Lack of effort or lack of execution?

What would you do if… you didn’t have to worry about HR? Why are they failing? Did you hire them this way or did you make them this way?

What are you doing that isn’t helping?

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Page 30: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

What Results Would You Hire if You Could? Identify the results you want: Exceed goals by 25% consistently Top 10% of peer group Develop others that are top 10% of peer group Have consistently generated $250,000 of personal revenue Dominates the marketplace – has the premier accounts in my market

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Page 31: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

Participant Networking Current Employees

Former Employees Providers Leads Generated

Moe 1 0 0 2 2

Larry 2 0 0 1 1

Curley 3 0 0 0 1

Shemp 0 2 2 0 2

Total 6 2 2 3 6

Recruiting Activity and Pipeline

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Page 32: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

THE WRAP UP BEW Good to Great ©ACTGLLC 2010

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Page 33: Motivate Your Average Sales Producers from Good to Great_good_to_great_bisa.pdf · Sales Leader with RM: • Let’s review the extraordinary goals that you established. Something

[email protected] mailto:mark@anthonycoletrainin

g.com

877-635-5371

Thank You! [email protected]

Call Me

BEW Good to Great ©ACTGLLC 2010

These printed materials were developed exclusively for the use of ACTG and shall remain the sole and exclusive proprietary materials of ACTG. Permission to use, redistribute or otherwise publish these materials must be attained in writing from ACTG.

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