Archive for February, 2014
Are Your Sales Meetings Destroying Your Sales Team and Undermining Your Authority?
Posted by Rick Pranitis in SALES LEADERSHIP on February 24, 2014
Are your weekly sales meetings building your team, your credibility, and your company’s sales or are they destroying morale, motivation, and undermining your authority? Unfortunately most sales meeting do far more harm than good to the sales team, the sales leader, and the company.
They don’t have to. In fact, regular (regular does not necessarily mean weekly) sales meetings can be the backbone of creating a thriving, high production sales team. Most often, however, they are the ruination of the sales team.
Weekly sales meetings have killed more manager authority and respect than probably any other activity a manager engages in with the possible exception of the ride along. They have also driven a great number of high performers to the competition, one of which may be my client Richard who is one of the top 5 sellers in his company’s 300 member sales force.
Sales people generally hate this weekly meandering through sales meeting hell and the accompanying glimpse into the hollow caverns of the sales management brain in stupefying inaction.
Why? I believe there are four primary reasons sales meetings are such a waste of time and effort:
1. No purpose. A great many sales meetings are held for no other reason other that it’s Monday (or Friday, or Thursday, or whatever day of the week they are normally held on). Consequently, the meeting is destined to be a time waster. One time wasting meeting is bad enough, but I know of some companies who have three or even five of these meetings every week (often these multi-meeting companies are seeking to keep control of their salespeople).
2. No preparation. Whomever is in charge of the meeting (generally the immediate manager of the assembled team) has invested not a single minute in preparing for the meeting. As they’re sitting down for the meeting, they take out a pen and jot down two or three things to talk about. Again, it is the perfect setting for a waste of time.
3. Too many tangents. Without having prepared for the meeting and knowing exactly what to deal with, it is easy for the manager to veer off onto tangents that ultimately have nothing to do with anything. Yet another factor that guarantees the meeting will be useless.
4. A haven of negativity. Especially during times like the present when business is tough, an unprepared manager tends to focus on trying to cajole numbers out of his or her team. People are put up for ridicule in front of their peers because of poor numbers, they are forced to justify their performance, and the rest sit in silence, knowing their turn is next once the manager has finished “coaching” their current prey. Now not only is the meeting a waste of time, it is a real morale killer too.
Great, so sales meetings suck. Everyone already knows that. What can managers do to make sales meetings valuable? I’ve found four simple rules seem to work very, very well:
1. No purpose, no meeting. Only hold meetings when there is a REASON to hold a meeting. That may be once a month, once every two weeks, once a week, or as needed. The company no longer paying for coffee is not a reason for a meeting; that’s a memo. Reviewing the pre-call planning steps is a reason for a meeting.
2. No preparation, no meeting. If for any reason the person managing the meeting has not had time to thoroughly prepare, the meeting is canceled. There is no excuse for wasting the team member’s time because the manager didn’t get their job done.
3. A sales meeting is not the place for individual coaching. A sales meeting is a group activity. Address the group’s needs and issues, not individual salespeople’s. There is no excuse for denigrating anyone in front of the group or for wasting the group’s time for individual coaching. Each team member should have coaching time scheduled outside the sales meeting. The rule is, if a meeting degenerates into individual coaching, the team members are free to leave (note, however, that answering a specific issue a team member has with the subject matter being discussed is not individual coaching).
4. Set a time limit, stick to it. Salespeople need to be selling, not attending meetings. Under normal circumstances, sales meetings should be kept to an hour or less. Only under extraordinary circumstances should a meeting exceed an hour.
Your sales meetings should concentrate on helping team members sell. Reviewing market conditions; presenting new products or services; reviewing sales skills such as prospecting, making presentations, asking questions, pre-call planning, and the other aspects of selling and the sales process; role playing activities; and other core content should be the heart of the meeting. Seller recognition and reinforcement should also be an integral aspect of your meetings. Leave the meeting on a high note, not a downer. Housekeeping notes and announcements should be kept at a minimum—discarded completely and put into memos if at all possible.
Meetings are important, but too many meetings or too much wasted time turns what could be a valuable tool into a wrecking ball plowing through your team, leaving lifeless, dispirited bodies in its wake. If your meetings are unorganized, are designed to do little more than keep control of your salespeople, or drag on incessantly, you’re killing your team, not building it.
Turn your sales meetings into real strengths, not team killers–both you and your team members will be glad you did—and within short order you’ll actually see some smiles and enthusiasm Monday morning instead of the deadwood that drags itself into the meeting room.
.
This article originally appeared in the Sales and Sales Management Blog on February 4, 2014.
.
Ten (too often ignored) Rules for Conference Calls
Posted by Rick Pranitis in GENERAL DISCUSSION on February 18, 2014
We waste so much time in meetings and conference calls, some of which are unnecessary and others that take way too long. We all know this. And yet how often do we leave a conference call or a meeting asking ourselves: “was all that really necessary?” If we just follow these simple rules when considering a meeting or a call imagine how much more productive our time could be.
Make sure you really need it in the first place. If this is really just an update, perhaps a memo would be better to save everyone the time.
On the other hand, be proactive about using a quick meeting or conference call to focus on and resolve/decide on an issue or question that otherwise would become the longest email string in the world that never really reaches consensus or action (you know exactly what I’m talking about).
Make sure everyone is required. Every attendee should be an active participant. Anybody who is just “listening in” should save themselves the time and read the memo/recap afterward. If you are playing Candy Crush while “attending” your next conference call, this probably means you.
Set up a dial-in line vs. “conferencing people in” across multiple phone numbers. Make it really easy for everyone required to join in independently of one another.
If you are the leader or moderator, join the call five minutes early. If another participant is late, that’s bad enough, but having everyone sit around waiting for the leader is far worse and a huge waste of everyone’s time.
Distribute an agenda in advance. You’re doing this for live, in-person meetings right? They’re just as important for phone-based meetings to keep them disciplined, focused and efficient.
If you’re a required participant (which means you’ll be participating) don’t multi-task. Focus with everyone else on the topic/question/decision at hand so it can get done as quickly as possible.
If you are the leader or moderator, actively manage the focus and length of the call. If you scheduled 30 minutes, ensure you can get your business done in that time or less. Also police the discussion so that you stay focused on what’s important for that call only (i.e. on the agenda).
End the call as soon as you’ve completed the agenda or made your decision. Don’t allow the “hey, one more thing since we’re all on here…” It’s not likely that everyone on the call needs to be around for that.
Think long and hard about whether a “recurring” conference call on everyone’s calendar is truly necessary either 1) at all, and 2) that often. Could one of you taking that time to write up a summary/recap memo get the same information disseminated and save others the time? Could you make the call far shorter by focusing that together time on decision-making or problem-solving, and preserving the status updates for the memo? Would you be bold enough to cancel a recurring meeting if there were no decisions to be made, only status updates?
Eight Traits of Great Salespeople
Posted by Rick Pranitis in SALES BEST PRACTICES on February 11, 2014
When you look at the qualities of the great sales representatives for non-transactional sales–those sales that are larger and more complex in nature–they tend to share the following traits:
They assume parity with their customers–There is an imaginary hierarchy that average and poor-performing sales people place between themselves and their prospects. It includes head-trash like, “The customer is always right,” and “You’re the customer so you’re the boss.” The data says that the top sales representatives see themselves as problem-solvers worthy of equal respect with their customers. Respect always, deference rarely.
They are comfortable talking about money–This quality often starts back in the home in which they were raised and the beliefs that were held there about money. If there was a belief that money was a rare and precious thing to be horded or feared, then it shows up with a fundamental discomfort in discussing large numbers. Individuals that look at money as a measure of value, not as a number outside of personal grasp, typically do better in sales.
They challenge the decision-maker–The best sales representatives have a strong confidence in their understanding of the customer’s market and their own solution–enough so that they are comfortable challenging inaccurate statements made by the customer.
They are comfortable with silence–Confidence is demonstrated as much in silence as in what you say. Top sales people can allow for measurable periods of silence in conversations with prospects. This creates an opportunity for the prospect to give consideration to what has been said rather than having to process the next piece of data given to them by the sales rep.
They show up prepared–This seems so common sense and yet when I administer these types of assessments the statistical fact is that most sales people–greater than 70 percent–are not well prepared for sales calls and meetings. They lack research, pre-call planning, a complete agenda agreed upon by the contact, and a tailored presentation to the prospect. The best have all of these things.
They don’t rush–A study was done about physical demonstrations of confidence and power some time ago. The external view of two people moving was observed by a cross-section of people and questions were asked about which one had greater confidence, was paid more, and had a position of greater authority. They both wore similar attire, and were of the same body shape and age. The only distinguishing characteristic was the speed in which they performed their actions. The one who looked rushed always scored lower. An appearance of confidence in part comes from an appearance of control.
They ask great questions–This has been written about by me and many others. The data confirms that the higher-performing sales representatives ask more questions–often more than twice as many–and their questions are more focused on implications than on data. Put another way, they ask questions about what something means rather than just what it is.
They are impeccable in following up–Just like preparedness; this quality seems so simple but is often overlooked by poor performers. The best cover the details.
One more note: Great sales people score over the 50 percent mark on every one of these traits. That means that they are not super-high in one area and failures in the other areas. They are above the halfway mark on everything. That’s their foundation. Then they knock the ball out of the park in their areas of personal strength.
.
This article was originally posted in the Inc. Blog by Tom Searcy on January 14, 2014.
.