the state of sales management - amazon s3€¦ · sales management time trap 20 daily grind (too...
TRANSCRIPT
THE STATE OF SALES MANAGEMENTwith Norman Behar & Gerhard Gschwandtner
2Today’s Presenters
NORMAN BEHAR GERHARD GSCHWANDTNER
3About Sales Readiness Group
To improve the performance of sales
teams by providing customized, skills-
based training programs that produce
sustainable behavior change.
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.
5The ROI of Sales Managers
Sales Managers provide the biggest leverage to increase sales performance.
6
GAIN INSIGHT ON:
• Most Important Skills
• Annual Investment on Training
• Relationship Between Skills & Results
Why a Survey on Sales Management
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%
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
95 Hallmarks of High-Impact Sales Organizations
1. Coaching Time
2. Managing Performance
3. Recruiting and Hiring
4. Trust and Respect
5. Training Investment
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%
11
High-Impact Managers are:
2X more likely to participate in sales coaching training than low performing organizations.
1 | Spend More Time Coaching
12
Managers are more proficient at:
Making coaching collaborative•
Assessing sales reps skills•
Developing coaching plans•
Following a coaching process•
Better at Sales Coaching
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
Hiring
Why do you feel sales managers struggle when it
comes to managing performance?
15
Managers are more proficient at:
• Recruiting & sourcing
• Developing job profiles
• Using interview questions
• Making hiring decisions
3 | More Proficient at Recruiting & Hiring
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
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
185 | Invest More to Develop Sales Managers
46% of ALL Respondents had insufficient resources or budget for sales management training.
Obstacles
Why is it difficult for sales managers to make progress in these areas?
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.❗️
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
Q&A
For more information…
Please contact us at:[email protected]
800.490.0715
Read the SRG Blog at:www.salesreadinessgroup.com/blog
THANK YOU