Improving sales team performance - That's training isn't it?
Search Google for Sales Team Performance and you'll get
well over 39 million results. Page after page of companies
offering to improve your sales team performance if you'll only
spend your training budget with them.
I'm sure they're probably right; training the sales team will improve their
performance, won't it?
Well, in their book How to Hire and Develop Your Next Top
Performer, Herb Greenberg, Harold Weinstein and Patrick Sweeney explored this
subject. They compared the results of hundreds of thousands of sales
assessment tests with actual sales performance measurements. Their view?
"55% of the people earning their living in sales
should be doing something else"
"Another 20% to 25% have what it takes to sell,
but they should be selling something else"
So, is throwing your training budget at training companies really the right
way to improve your team? Perhaps not. What's needed is a more focussed
view of your training requirements. And to get that, you need to
- Clearly understand the capabilities of your existing staff
- Target the training you undertake to move your business forward
- Track the effectiveness of your training
Skills andd Capabilities
It's generally getting tougher to sell things – particularly as products and
services become more complex. As complexity grows, you will probably
look to combine products and services to create larger and longer term relationships with your
customers.
However, as you move to focus more on selling complex deals, or more generally
to up-skill your sales teams, it quite often becomes apparent that only a small
number of your sales team are actually equipped for the new challenges.
Many of your sales people will be
good at selling one or two products at a time – what we call 'simple'
deals – and some can string several products together in a single sale – what we
call 'multiple' deals. But usually only two or three people can sell the big
strategic 'complex' deals.
So,what is needed, is a training programme is to move salespeople up the
sales capability ladder from, say, selling Simple deals, through selling
Multiple deals to being able to sell Complex deals.
Making Training Effective
To make your training effetive, you need to follow three
simple steps
First, to help you establish the future skills and capabilities that are
going to be needed by your business. This can be a progression from Simple to
Complex or it can be any transformation from one state to
another – you choose the labels – sales remain the
same.
Second, having established the future requirement, you need to
assess the current capabilities of your sales teams. The nature of the
gap between current and future needs will provide an objective base from which
to design an appropriate training programme for individuals and the team.
Please note though, this assessment must work
independently of the various sales training methods. It must help you to
create a training programme that is highly focused on your specific business
needs and tailored to the exact training requirements of each individual within
your sales teams.
Third, having created an optimal training programme,
you must be able to pre-emptively track the effectiveness of sales
training against a range of specific targets. If your sales training
isn't working, you want to know before you start losing sales, not
as your potential customers are walking out of the door!
The Lucidus Approach
Lucidus have a tool called
TrakSkill - Sales that
approaches this process.
So, what does TrakSkill - Sales do?
Well, a key design aim was to keep all of
the inherent complexity behind the scenes to make the operation of TrakSkill
–Sales as simple and quick as possible.
How do we approach the problem? We have a simple three step process:
- We first review with you the characteristics of your
products and services. We then review your future sales strategy and targets.
What emerges is a crystal clear view of the optimum selling skills your
products and services will require but, more particularly, the actual levels
of skill – your target sales skills - that will be needed to best ensure the
success of your sales strategy.
- Together, we will then review the capabilities of each
member of your sales team and compare the overall team capability with your
Target Sales Skills. Now you have a detailed gap analysis that shows the
precise nature and extent of the retraining need.
More than this, TrakSkill – Sales will allow you to
model the revenue and cost effects of achieving different levels of sales
capability. This provides a clear statement of skill requirements together
with an indication of the numbers of people actually required against which
the training programme can be designed and, where appropriate, training
suppliers selected.
- Once the training programme has been defined, TrakSkill
– Sales will then provide the means by which the whole programme can be pre-
emptively tracked. Pre-emptive tracking is unique to Lucidus and shows the
extent of actual value ‘at risk’ at any given moment so that early corrective
action can be taken before real value is lost.
To see how we approached the problem and to get a feel for
the tool we developed to solve it,
please have a look
at the TrakSkill - Sales web page
or the the
web-cast; it lasts around 9 minutes.
|