Trending Sources

Sales Management: Importance of Leading and Lagging Indicators

Pipeliner

Much of the time, sales management is conducted through what are called lagging indicators. Examples of lagging indicators: Sales # of units sold Gross margin # of different products sold Market share Gross revenue # of deals […]. The post Sales Management: Importance of Leading and Lagging Indicators appeared first on Pipeliner CRM Blog.

How To L.E.A.D By Example For Successful Sales Management

MTD Sales Training

Most people in sales management or with a title that is responsible for leading a sales team, speak about leading by example. Many think that to lead your team by example, is to sell as much or as more as each member of the sales team. In some sales organisations, this may be practical. So how can you lead by example? MTD Sales Training.

The Need for Emotionality in Sales Management

Pipeliner

Ken Thoreson is the president of Acumen Management Group , and a recognized expert in sales execution channel management. He has over 18 years in consulting and advisory positions, and has led development-stage entrepreneurships as well as $250 million national vertical software sales organizations. He’s been ranked in the top fifty sales and marketing influencers four years in a row, is in the hall of fame of Sales Coach World, is ranged in the top twenty channel visionaries and is a member of the National Speakers Association. A : Absolutely.

Sales management – balancing micromanaging and abandoning

Sales Training Connection

When asked about his early management challenges, Roger Ferguson – CEO at TIAA-CREF – shared: “You have to get the balance right between leaving them alone and micromanaging.” Although Roger was discussing management in general, we thought his advice was particularly relevant for sale managers. 2015 Sales Momentum, LLC. So where is the balance?

Sales Managers: Don’t Be Shot by Both Sides

Pipeliner

For any enterprise with a sales team (that’s nearly all companies), these feelings are particularly felt by the sales manager. To begin with, most sales managers are promoted into their positions from having been successful salespeople. But a hard lesson learned year after year in the sports world is that the best players don’t always make the best managers.

The 7 KPIs for Sales Managers Dashboard

Increase Sales

Sales managers face increased responsibility and accountability. Research continues to show sales teams do not meet sales goals while margins shrink due to the dynamics of market forces as well as government compliance. 1 – Sales to Earn or Close Time. How much time elapses from the first contact to the earned sales or closed deal. Share on Facebook.

Transitioning to sales manager – a rubicon moment

Sales Training Connection

New sales managers. You are now a sales manager. Even after some initial guidance from colleagues, most new sales managers find themselves struggling to figure out how to balance the requirements of the position. The mountains of paperwork about HR concerns and other administrative requirements take most new sales managers back a step or two.

5 Sales Management Myths Debunked

Sales Benchmark Index

I sat across the desk from Mike, the new VP of Sales. Before his promotion Mike was the can’t-miss Sales Manager. Now he was just another VP of Sales in the crosshairs. After a quick conversation, we found he was committing 3 of the sales myths below. The majority of Sales VPs are guilty of at least one. Sales Leadership doesn''t know how to follow through.

Leading By Example

Partners in Excellence

Every manager knows this, it’s Leadership 101, we must Lead By Example. What much of the literature misses, is that we are always Leading By Example, whether we do so consciously or unconsciously. So the issue isn’t about Leading By Example, but Are We Setting The Right Example? The other day, I was meeting with a group of sales executives.

Sales managers – a new pathway to leadership

Sales Training Connection

Sales Leaders. Although Ibaraan was writing about business in general, we thought her message held particular insight for the world of sales. If buyers change how they buy, sellers need to change how they sell and sales leaders need to bring the insight to make that happen. So let’s translate this message to sales management. The caveat is – manage the risk.

“Sales Management” Is Not a Dirty Word

No More Cold Calling

Great sales leaders must also be great managers. The problem was that sales management had their heads in the sand. So, they neglected the strategies, sales metrics , and processes that could have kept their businesses strong, or at least afloat, when the going got rough. Unless sales leaders get out of their own way, they will get hit in the head again.

Sales managers and the story of the “super salesperson syndrome”

Sales Training Connection

Sales Manager. Well, a sales manager with the “super salesperson syndrome ” will probably exhibited some of these 6 characteristics : Sell rather than coach. When push comes to shove, S 3 sales managers will spend their time selling rather than sales coaching. Downplay the importance of sales training. Take over sales calls.

Sales managers – tips to fix the time sieve

Sales Training Connection

Sales managers and the time sieve. Sales managers universally tell us that time is their most valuable asset – and they also tell us they are continuously “running out of time.”. So let’s look at some of ingredients that make up the modern-day sales manager time sieve: Those things you’re doing that you know you should not be doing but you have to – okay fair enough.

Should Sales Managers Coach?

Partners in Excellence

Perusing my news feeds this morning, an article entitled, “Should Sales Managers Coach” caught my eye. I think the author’s conclusion is “Yes, but……” Upon reflection, I think perhaps the points of view addressed in the article are more indicative of the confusion we have about the sales manager’s job. No related posts.

Sales managers with new sales teams – first things first – focus!

Sales Training Connection

New sales managers. When front-line sales managers take over a new sales team, the natural tendency is to get things moving – make a mark. For example, it is not uncommon that the “what” turns out to be a bunch of stuff that choruses of those on your sales team are complaining about. 2014 Sales Momentum, LLC.

Sales management coaching training – necessary but not sufficient

Sales Training Connection

Sales coaching puzzle. A while ago we received a call from a company wanting to talk about coaching training for their front-line sales managers. They were real cheerleaders – they believed sales managers were the pivotal job for sales success and coaching was the sales managers’ key responsibility. Time management. Here’s why.

Sales management across generations – similarities not differences

Sales Training Connection

Multi-generational sales teams. There has been much written and many perceptions about Baby Boomers, Gen X and Gen Y – what they want and how to manage them. Likewise there has been a temptation to paint the generations with a broad brush – for example: Gen Y has a sense of entitlement – they expect too much for too little. 2014 Sales Momentum ®. Broad Generalizations.

Do You Have the Right Sales Managers?

Sales Benchmark Index

Sales Manager dashboards have been updated. the Sales VP asks. Download the Sales Manager Execution Guide. It will: Provide you 10 Sales Manager actions you must take immediately to save the year. Test your Sales Managers to determine if they are involved with making the number. Tell you if you need to upgrade your manager.

7 Steps to Success for Sales Managers

Your Sales Management Guru

7 Steps to Success for Sales Managers. -A After being a VP of Sales, consulting on sales management for 19 years and after writing four books on sales management, Max Cates, author of 7 Steps caught my attention in the first five pages. This emotional connection can only come first when the sales manager is under personal control.

3 Magic Questions a Sales Manager Must Know

Your Sales Management Guru

Three Magic Questions a Sales Manager Must Know. One of the main roles of a Sales Manager is to help train your salespeople on how to stay on track during a sales cycle. During any sales opportunity coaching sessions consider asking these three questions with any sales opportunity: Why do anything? Sales Leadership Training Sales Training

Hacking Sales Management

Partners in Excellence

As with the prior articles, I get huge numbers of requests from sales manager to help Hack their jobs. “What are the short cuts?” ” “How do I manage my time better?” Having said that, here’s a few of my favorite hacks to sales management. Coaching (If I have to explain this, you shouldn’t be a sales manager).

How Sales Management for Many is Really Managing by Ambiguity

Increase Sales

Out of the mouths from clients come sometimes the most revealing sales management beliefs and behaviors. Yesterday one of my executive coaching clients shared the words of his sales manager. “I believe in managing by ambiguity when it comes to the sales team.” The results included: Duplication of efforts by the sales tam.

How Sales Managers Fast Track Their Promotion

Sales Benchmark Index

As a Sales Manager, you have great results and outstanding performance reviews. Examples are lack of backfill, big company bureaucracy, poor reviews, change in leadership, etc. Ask your organization for a sales manager scorecard. Spend Time- Statistics show that most managers spend 80% of their time with low performers. Why did you get passed over?

5 Takeaways from a Sales Management Training

Sales Benchmark Index

I spent last week at a Sales Management training event with a client. As a Sales Operations leader, you must be allocating the right resources to training. Turn managers into leaders. Demand Sales Force Automation adoption. This One-on-One Coaching Tool was customized by sales managers facilitating the training. Turn managers into leaders.

New sales managers – 6 questions to help avoid the granular trap!

Sales Training Connection

New sales managers. New sales managers face a lot of new challenges. As they seek to develop the skills to work through new challenges, there is a tendency to gravitate back to what they know how to do – in the case of new sales managers , it’s usually selling. When this happens what are these new sales managers doing? 2013 Sales Momentum, LL.

Why You Can't Fill Your Open Sales Manager Positions

Sales Benchmark Index

A post for Sales and HR Leaders to find root causes of Sales Manager (SM) vacancies. The Sales Manager position is the fulcrum between sales leadership strategy and sales force execution. Teams without effective sales managers lack morale and discipline. Included in this you will receive the Causes of Sales Manager Vacancies tool.

Sales management coaching – the power of the positive

Sales Training Connection

Sales coaching. Good sales coaching is a balance – a mix of feedback on things that go right, as well as, things that don’t. Instead, be on the lookout for good sales performance and immediately provide some positive feedback – if you are the one on the other side of the table the difference is absolutely dramatic. 2016 Sales Momentum, LLC. Leverage the win.

Sales Management Review Cadence

Partners in Excellence

I’m not sure anyone looks forward to the Sales Management Review (sometimes these are called QBR’s, but there are other reviews). It’s unfortunate, because there’s a huge amount of value in the review process–both for sales people and managers. No value to the sales person. These are the most critical reviews a manager can have.

Hiring a Sales Manager - External or Internal?

Sales Benchmark Index

"Should we hire an external Sales Manager or promote from within?". Open Sales Management positions are bad for sales organizations. Having the wrong Sales Manager (SM) is worse. This post helps you decide between hiring an internal or external Sales Manager. Let''s say Hanna, Sale''s HR Business Partner, must find a new Sales Manager.

If You Want to Increase Sales, Stop with the Rotten Sales Management

Increase Sales

People especially top sales performers leave rotten sales management more than money from my 30 plus years of experience. It is truly hard to believe with all the books, workshops, seminars, sales training and sales coaching, rotten sales management still exists, but it does and appears to be growing. Yes rotten sales management still exists.

Is Your Sales Management Relevant?

Increase Sales

Imagine for a moment you, as a member of a sales team, receives a message from sales management asking if you are “relevant to the company?” ” Then the message lists the 3 top sales performers and their accomplishments to date with a closing sentence of “So and So is relevant.” Would you like me to make joint sales calls with you?

Is it Time to Fire Your Sales Manager?

Sales Benchmark Index

It’s a tough question that every sales leader faces. Losing a sales manager can disrupt your sales organization. As a sales leader, you need to focus on getting to your number. Keeping a mediocre sales manager because you don’t have a replacement hurts you. Senior management is looking to you as a leader. Forecast accuracy. Employee turnover.

Sales Managers Are Killing The Sales Organization!

Partners in Excellence

or maybe I’m just more aware of it, but it seems that too many sales managers are focused on killing the sales organization. Researchers constantly remind us that buying is changing, that buyers prefer to minimize contact with sales, reducing it to the last 20-43% of their buying process. The inevitable conclusion of these reports is that buying is changing, customers have better and more alternatives to learn about our products, and the need for sales people is declining. Unfortunately there are too few good sales leaders. No related posts.

The Examples We Set, Our People Are Watching

Partners in Excellence

As managers and leaders, we create (consciously or unconsciously) dozens of “training” moments for our people, every day. It’s so simple, yet we make so many mistakes: We want our sales people to use the tools and systems we’ve invested in—but we still ask our admins to print out a report, or send us the updated Excel report. No related posts.

Sales management and the tyranny the clock

Sales Training Connection

Sales managers and the time trap. For sales managers Public Enemy # 1 is time. The more successful a sales manager, the more demands on their time. One simple answer is enough is enough when there is not enough time left to manage and coach your sales team. How can sales coaching be scaled to minimize time constraints? Team coaching.

Removing Risk from Your Next Sales Manager Promotion

Sales Benchmark Index

"I had no idea Dave was going to struggle so much as a Sales Manager. This post is written for the VP of Sales who wants to eliminate promoting the wrong rep to sales manager. The Answer: Implement a Sales Leadership Council (SLC). A Sales Leadership Council is the top 10% of your sales force that has expressed an interest in sales management. Potential sales managers acquire knowledge of the role before pursuing it. Yet, you are reading this thinking about your new sales manager productivity problem.

Sales managers – it’s what you say and how you say it

Sales Training Connection

Sales Managers – it’s what you say and how you say it. A hallmark of a great sales manager is being a good communicator. For example, front-line sales managers are the critical screens through which messages travel from top management to the sales team. For example, let’s say you have a sales rep that isn’t making quota.

Finding the Right Sales and Sales Management Candidates

Understanding the Sales Force

Understanding the Sales Force by Dave Kurlan I read this terrific post from our friends at New-Hire.com about the best sources for candidates in general. It certainly applies to sales candidates as well. For example, just 7 years ago, a company may have needed salespeople who could hunt and/or close. That represents two major sourcing shifts in just 5 years.

Guest Post: Insight for More Excellent Sales Management in 2013

Jonathan Farrington

This week Inc.com announced that bad managers cost the economy $360 billion in lost productivity annually. Hopefully, your sales managers aren’t making any personal contributions to this statistic. Either way, we thought it couldn’t hurt to assemble some collective insight for better sales management as we move into 2013. In a Sales 2.0

Do You Have a Recipe for Sales Management Success?

Anthony Cole Training

I’ve been trying to find a way to tie cooking to sales management. I love to cook (and eat) and I love selling and coaching sales management. I often tie sports stories, analogies and themes to sales and sales management, and I generally have at least one in the crowd that doesn’t/cannot relate because they have not played sports or are just simply not into sports.