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THE STATE OF SALES MANAGEMENT with Norman Behar & Gerhard Gschwandtner

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Page 1: The State of Sales Management - Amazon S3€¦ · Sales Management Time Trap 20 Daily Grind (Too many Priorities) Driving Results (Sales Management Dev) •Attending meetings •Completing

THE STATE OF SALES MANAGEMENTwith Norman Behar & Gerhard Gschwandtner

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2Today’s Presenters

NORMAN BEHAR GERHARD GSCHWANDTNER

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3About Sales Readiness Group

To improve the performance of sales

teams by providing customized, skills-

based training programs that produce

sustainable behavior change.

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AGENDA

AGENDA

The High1. -Impact Sales Manager

Why a Survey on Sales Management2.

Survey Demographics3.

4. 5 Hallmarks of High-Impact Organizations

Sales Manager Time Trap5.

Key Takeaways6.

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5The ROI of Sales Managers

Sales Managers provide the biggest leverage to increase sales performance.

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6

GAIN INSIGHT ON:

• Most Important Skills

• Annual Investment on Training

• Relationship Between Skills & Results

Why a Survey on Sales Management

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7

What is your job function?

Survey Demographics

In partnership with:

ALL

Sales leader 55%

Sales enablement 6%

Sales operations 7%

Learning and development 15%

Other - Write In (Required) 17%

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8

What percentage of reps achieve quota?

• Less than 25%

• 25-50%

• 51-75%

• More than 75%

Defining Success

17%

63%

20%

Type of Sales Organization

LOW PERFORMING

AVERAGE PERFORMING

HIGH-IMPACT

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95 Hallmarks of High-Impact Sales Organizations

1. Coaching Time

2. Managing Performance

3. Recruiting and Hiring

4. Trust and Respect

5. Training Investment

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POLL

What percentage of their time do your sales managers spend coaching reps?

1. Less than 20%

2. 21-40%

3. 41-60%

4. 61-80%

5. More than 80%

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11

High-Impact Managers are:

2X more likely to participate in sales coaching training than low performing organizations.

1 | Spend More Time Coaching

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12

Managers are more proficient at:

Making coaching collaborative•

Assessing sales reps skills•

Developing coaching plans•

Following a coaching process•

Better at Sales Coaching

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13

Managers are more proficient at:

• Communicating expectations

• Holding reps accountable

• Providing regular feedback

• Managing KPIs

• Conducting pipeline reviews

2 | Better at Managing Sales Performance

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Hiring

Why do you feel sales managers struggle when it

comes to managing performance?

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15

Managers are more proficient at:

• Recruiting & sourcing

• Developing job profiles

• Using interview questions

• Making hiring decisions

3 | More Proficient at Recruiting & Hiring

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16

• Create a job profile

• Build a candidate pool (even when you don’t have an opening)

• Use behavior-based interviewing questions

• Use a candidate selection process to evaluate and compare

Hiring Best Practices

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17

Managers are more proficient at:

• Setting performance goals

• Making important decisions

• Adapting leadership styles

• Identifying rep’s motivators

4 | Earn Organization’s Trust & Respect

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185 | Invest More to Develop Sales Managers

46% of ALL Respondents had insufficient resources or budget for sales management training.

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Obstacles

Why is it difficult for sales managers to make progress in these areas?

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20Sales Management Time Trap

Daily Grind (Too many Priorities)

Driving Results(Sales Management Dev)

• Attending meetings

• Completing reports

• Preparing forecasts

• Addressing personnel matters

• Resolving customer issues

• Building sales team

• Managing performance

• Managing sales pipeline

• Sales Coaching

• Leading & motivating team

65% say too many competing prioritiesis a top challenge to implementing a sales management training program.❗️

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Key Takeaways

✓ Spend more time coaching

✓ Better manage sales performance

✓ Become more proficient at requiring and hiring

✓ Earn sales organization’s trust and respect

✓ Invest more in developing sales managers

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Q&A

For more information…

Please contact us at:[email protected]

800.490.0715

Read the SRG Blog at:www.salesreadinessgroup.com/blog

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THANK YOU