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The 3 interview questions that matter!
Posted By Ross Petras on February 22, 2012 in Recruiting Info-All

As a recruiter who is now going on his 9th year in this business I can say that this article by George Bradt (from Forbes) is absolutely true.......RP

 

Top Executive Recruiters Agree There Are Only Three True Job Interview Questions

They are as follows:

1.  Can you do the job (Strengths)?
2.  Will you love the job (Motivation)?
3.  Can we tolerate working with you(Fit)?

 

That’s it.  Those three.  Think back, every question you’ve ever posed to others or had asked of you in a job interview is a subset of a deeper in-depth follow-up to one of these three key questions.  Each question potentially may be asked using different words, but every question, however it is phrased, is just a variation on one of these topics: Strengths, Motivation, and Fit.

Can You Do the Job? – Strengths

Executive Search firm Heidrick & Struggles CEO, Kevin Kelly explained to me that it’s not just about the technical skills, but also about leadership and interpersonal strengths.  Technical skills help you climb the ladder.  As you get there, managing up, down and across become more important.

You can’t tell by looking at a piece of paper what some of the strengths and weaknesses really are…We ask for specific examples of not only what’s been successful but what they’ve done that hasn’t gone well or a task they they’ve, quite frankly, failed at and how they learned from that experience and what they’d do different in a new scenario.

Not only is it important to look at the technical skill set they have…but also the strengths on what I call the EQ side of the equation in terms of getting along and dealing or interacting with people.

Will You Love the Job? -Motivation

Cornerstone International Group CEO, Bill Guy emphasizes the changing nature of motivation,

…younger employees do not wish to get paid merely for working hard—just the reverse: they will work hard because they enjoy their environment and the challenges associated with their work…. Executiveswho embrace this new management style are attracting and retaining better employees.

Can We Tolerate Working With You? – Fit

Continuing on with our conversation, Heidrick’s Kelly went on to explain the importance of cultural fit:

A lot of it is cultural fit and whether they are going to fit well into the organization…  The perception is that when (senior leaders) come into the firm, a totally new environment, they know everything.  And they could do little things such as send emails in a voicemail culture that tend to negatively snowball over time.  Feedback or onboarding is critical.  If you don’t get that feedback, you will get turnover later on.

He made the same point earlier in an interview with  Smart Business, referencing Heidrick’s internal study of 20,000 searches.

40 percent of senior executives leave organizations or are fired or pushed out within 18 months. It’s not because they’re dumb; it’s because a lot of times culturally they may not fit in with the organization or it’s not clearly articulated to them as they joined.

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Managing Virtual Sales People
Posted By Ross Petras on January 25, 2012 in Recruiting Info-Sales

As a sales recruiter I often have clients  reach out to me when recruiting sales executives and inevitably the question arises.  Where will this individual be working?  10 years ago the answer was more than likely in our office.  These days,however, that trend is changing quickly as more and more companies go to a virtual sales model.  As a former "territory" sales manager I can tell you that I was a bit skeptical about growing my team virtually.  However I've learned to accept and downright embrace the idea of having your team work virtually.  With web access, IM, Virtual Phones, and mobile devices the office is anywhere you need it to be.  As this article below details hiring/retaining a stellar virtual sales force and running a virtual empire is only limited by your imagination.......RP

 
You can only be in one place at one time. Or can you? Here's how to run a global company—all without leaving your living room.
 
By the end of this year, around a billion people across the globe will be mobile workers, according to IDC, a global market research firm. As virtual work becomes more accessible to small businesses on a tighter budget, some CEOs and entrepreneurs are beginning to recognize that a virtual sales force not only can cuts down on costs, but can also add a competitive advantage for the company.

"As organizations become more geographically distributed, they're going to try to access the best talent wherever they may be," says Richard Lepsinger President of OnPoint Consulting, a virtual consulting company based in New York, and co-author of Virtual Team Success: A Practical Guide for Working and Leading from a Distance. "They're also trying to get closer to the customer. Now, you have technology that you didn't have five years ago, and this whole notion of virtual teaming has become more prevalent."

On some level, virtual salespeople have existed since the telephone was invented, when road warriors would call in sales figures at the end of the week. But those relationships between salesperson and manager were often rooted in deep personal connections developed during time spent at the office. Now, hiring a virtual sales team can literally be done in hours, so managing those virtual teams provides for some unique challenges.

Of course, creating a unified company culture under one roof is a formidable challenge itself; having employees dispersed throughout the world adds a new dimension of complexity—especially when it comes to work-related and interpersonal issues. And, after all, how do you get your employees psyched up about a new product or service when they're sitting in the pajamas in front of the television?

Dig Deeper: Running a Virtual Business


Managing a Virtual Sales Force: Creating an Effective Team Dynamic

Like any great sales team, virtual or not, you'll want to be sure that you're finding the right person for right the job. David Clemons and Dr. Michael Kroth spent the last few years researching how the best leaders manage their virtual workers. For their research, which was published in their recent book, Managing the Mobile Workforce: Leading, Building, and Sustaining Virtual Teams, Clemons and Kroth analyze anecdotes, data, and advice from 39 executives on how to become better at achieving results in a virtual space. According to Clemons and Kroth, one of the most important aspects to manage a virtual sales team is to have clearly defined roles and expectations for each member of the team.

"Entrepreneurs have this idea that they have to be everything," says David Clemons, who also manages his own company with a virtual team, Achieve Labs. "They have to be able to give it up. They're not going trust anyone until they know that the person that is in that role is performing at the level that gives the entrepreneur confidence and satisfaction. So the entrepreneur sits back and holds his breath for the first stage until the employee starts giving measurable results, and then the entrepreneur can start letting their hair down a little bit, giving more freedom to move forward." 

A virtual sales team may conjure an image of employees working around the world, but the reality is that it should function like any other sales team. "The need to build trust is true whether they're sitting across from you in the office or not, but it becomes more important for virtual workers," says Kroth. "The principles of leading are not different. It's the practices that make the difference."

According to Karen Sobel Lojeski, a professor in the department of Technology and Society at Stony Brook University, the challenges of virtual workers are not limited to geography. Since 2002, Lojeski has been studying the concept of "virtual distance," which includes the idea that the technology people use to connect can actually drive people apart. According to Lojeski, managers must recognize that virtual workers are not just a voice on the other end of a phone call; to achieve real results from a sales force, a manager must relate to them on a human level. "Remember that there's a human being on the other side of the line," she says. "You need to work on establishing affinity and building a relationship that can be trusted." For example, managers should be willing to offer information about their personal lives, and be receptive to listening to the issues their employees are concerned about. In essence, you're trying to recreate an office dynamic where people can actually get to know one another.

Dig Deeper: Why You Need to Hire a Virtual Assistant


Managing a Virtual Sales Force: Coming Face-to-Face With the Challenges

Without verbal or facial cues, it's extremely hard to understand what another person is thinking, says Richard Lepsinger. "Without them, it's really hard to read how the other person is receiving your message, or to even know what to say next," he says. "You don't even realize how critical that is until it's not there."

Lepsinger advises his clients to use video conferencing as often as possible, and try as much as possible to stay away from e-mail. "It's about creating a 'high touch' environment," he says.  "Fortunately, there are a lot of inexpensive and easy to access  ways to connect. It's immediate. It's real time. It's present." Of course, having on-site meetings every so often will be a great tool to connect virtual workers, though they can be expensive.

Among some of those tools are WebEx and Skype for video conferencing, and Yammer, which is basically a Facebook for the office.

Another challenge arises when it comes to hiring practices. Who do you hire, and how do you know that person will 'fit in' within your organization if they don't spend any time physically there? Clemons and Kroth describe how mangers can identify  "behavioral job demands" to determine if the candidate's personality is a good fit for the position. Once those demands are defined, it's easier to ask the right questions during the interview process. "If you don't have the right person who behaviorally can do that role, you're not going to have success," David Clemons says. "You have to know who you're getting."

Dig Deeper: When to Hire a Sales Consultant


Managing a Virtual Sales Force: Strategies to Consider

"It all comes down to the leader," says Richard Lepsinger. When you're managing a virtual salesforce, it's not enough to merely expect that your team will deliver results. If you're leading a team, you'll need to set the tone for not only how employees interact with potential customers, but also amongst each other. From the very beginning, the leader must identify the boundaries, and enforce them constantly.

Before you launch a virtual sales team, Kroth and Clemons urge that it's necessary to have the communication technology built into the company culture. Employees should understand how and when to get in touch, and how often they're expected to check in. In Managing the Mobile Workforce, Kroth and Clemons present these seven tips to consider when your sales force is deployed.

1.     Center of Excellence: Build a leadership that understands the challneges of virtual working.
2.     Integrate mobile practices and technology into existing systems.
3.     Keep policies straightforward and technology simple to use.
4.     Define roles and expectations.
5.     Collaborate.
6.     Train, learn, and improve.
7.     Support mobile workers as if they were customers.

Ultimately, Kroth and Clemons say that it's up to the leader to motivate his or her sales team. In a virtual setting, employees will lack the face-to-face feedback that's often built in to office culture. Virtual employees can begin to feel like nothing they do matters; after all, it's hard to see tangible results far from the nucleus of the company. A good leader, in their words, is one that can "move someone with low or marginal self-expectations to the belief that he or she can climb mountains."

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Counter Offers....bad news for candidates!
Posted By Ross Petras on August 1, 2011 in Recruiting Info-All
This is a very good article by Carol Schultz regarding the "validity of counteroffers".....bottom line don't accept them.  They're a bandaid created by your employer to buy them some time to replace you.......RP
 
For the sake of this article I’m going to assume you know how to qualify your candidates from the moment you speak to them until they’ve signed the offer letter and started. I’m going to assume you’ve been communicating effectively with them throughout every step of the process and have been asking quality questions to ensure you’re not getting “sunshine blown up your skirt.”

There’s nothing 100% foolproof and guaranteed, but good methods of pre-qualifying candidates regarding counteroffers will make your life less stressful and more financially rewarding. In addition, if you are straight in your qualifying methods you may even weed out the candidate who would accept the counteroffer and possibly leave you hanging.

First, I know the word “never” is a strong one. I don’t use it lightly or without substantial consideration as my world, both personal and professional, is gray. In this case I believe accepting a counteroffer is positive in a fraction of the cases and it’s just not worth the risk.

It can be career suicide. A counteroffer may be both tempting and flattering to the candidate in question. It may be very appealing to a candidate who isn’t truly committed to leaving his job. I have known people who accepted counteroffers and, most often, they regret their actions.

As a recruiter you must resist the temptation to persuade your candidates into accepting your offer if you have even the slightest hint that the position in question isn’t the right fit. It’s hard, especially if/when you’re depending on acceptance to make a living. We know people buy on emotion, and enticing someone to take your offer (or the current company getting their employee to accept a counteroffer) by getting him excited and hopeful is just plain out of integrity. Temptation can be very seductive and hard to resist. As George Bernard Shaw said, “I never resist temptation because I have found that things that are bad for me do not tempt me.” That said, let’s look a some of the reasons not to accept a counteroffer. Make sure you’re using these reasons for them to decline a counteroffer wisely throughout the recruiting cycle.

  1. The current employer is attempting to cover their tush. When you quit they lose money. When you quit the manager looks bad. Better to keep you on board until they can find a replacement. If that happens your pink slip will follow in short order.
  2. You become a fidelity risk to your current employer. You’ve threatened to quit once. It’s only a matter of time before you do it again, and smart companies won’t allow themselves to be put into this situation. You will never be perceived the same to them once you’ve threatened to quit and decided to stay.
  3. Any situation which causes an employee to seek outside offers is suspect. For example, if money is your issue why does it take a full court press for your employer to realize they need to pay you more? If you’re worth more money now, why weren’t you worth it 15 minutes earlier?
  4. The reasons for you wanting to quit will still remain, even if they are temporarily shaded.
  5. Quality, well-run companies won’t give counteroffers…ever! How would you feel if one of your employees forced you into something? ”If you don’t X, then I’m quitting.” I know I’d be angry. I’d be more than angry. If they don’t like working for you then they should go.

If you do get the urge to accept a counteroffer, just be prepared for the consequences whenever they do show up.

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Success Rates for Experimental Drugs Declining in the US
Posted By Ross Petras on February 17, 2011 in News-All
This article has some significant implications for those of us following the Healthcare/Pharma space.  It seems that Biologics are becoming easier to get approved while chemical compounds are facing more stringent regulation by the FDA.  Oncology also has seen  significant challenges in getting approvals even with significant activity......RP 

NEW YORK | Mon Feb 14, 2011 8:09am EST

NEW YORK (Reuters) - The success rate in bringing new medicines to market in recent years is only about half of what it had been previously, but biotech drugs are twice as likely to gain U.S. approval than more traditional chemical drugs, according to a new study released on Monday.

And while oncology has been one of the hottest and most active therapeutic areas for drug development, drugmakers may want to take note of a finding that new cancer drugs have proven far more difficult to gain approval than medicines for infectious and autoimmune diseases.

Drugmakers have been complaining about the difficulty of bringing new products to market in a regulatory climate that has become increasingly unpredictable and more likely to err on the side of safety in deciding risk/benefit ratios of experimental medicines.

Data from this new study appears to bear that out.

"It ain't getting any easier to develop new therapies." said Alan Eisenberg, head of emerging companies and business development for the biotech trade group Biotechnology Industry Organization (BIO), putting the findings succinctly.

"Knowing more about the magnitude of risk can lead to smarter drug development as well as smarter investing," he said.

The study, covering 2004 through 2010, found the overall success rate for drugs moving from early stage Phase I clinical trials to FDA approval is about one in 10, down from one in five to one in six seen in reports involving earlier years.

The study, conducted by BIO and BioMedTracker, which collects data on drugs in development, reviewed more than 4,000 drugs from companies large and small and both publicly traded and private. It was released in conjunction with the annual BioCEO and Investor conference in New York.

Adding weight to the desire by major pharmaceutical companies to become increasingly involved in biotechnology was a finding that biologics had a 15 percent chance of going from Phase I through to FDA approval, compared with a 7 percent success rate for traditional small molecule chemical drugs.

When broken down by therapeutic categories, the highest overall success rate from Phase 1 through likelihood of approval was infectious diseases, such as hepatitis and HIV drugs, at 12 percent, followed by endocrine system drugs, featuring diabetes treatments, at 10.4 percent, and autoimmune diseases, such as rheumatoid arthritis, at 9.4 percent, the study found.

John Craighead, BIO's managing director for investor relations, said clinical trial goals and the approval pathways for infectious diseases and diabetes drugs are clear and very well-established.

"The Phase II results are very predictive of the Phase III outcomes and very predictive of approval," he said.

"The overall success rate in oncology was the lowest of the therapeutic areas that we looked at," he said, noting that cancer studies vary dramatically in design and extending survival sets a high bar for approval.

The cancer drug success rate was a mere 4.7 percent, with cardiovascular drugs second-worst at 5.7 percent, as regulators are increasingly demanding proof that heart drugs reduce heart attacks and strokes rather than just lower a risk factor, such as cholesterol levels.

The largest dropout rate along the clinical pathway came in advancing drugs from mid-stage Phase II studies to late-stage Phase III testing.

Some 63 percent of drugs in Phase I testing advanced to Phase II, but only 33 percent of Phase II drugs made it to Phase III, which requires a commitment to larger and much more expensive clinical trials. Phase III is typically the final stage of human testing before a new drug is submitted to regulators for an approval decision.

Not surprisingly, the numbers increase after that as the drugs had already shown success in the clinic.

Approval applications were filed for 55 percent of the drugs that made it to Phase III testing, and 80 percent of those gained eventual approval, although only about half were approved on their initial FDA review.

The 80 percent approval rate, while seemingly high, is down from 93 percent seen in studies of earlier years.

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Indecisive Buyers-What's really at play?
Posted By Ross Petras on January 31, 2011 in In My Opinion-Sales
As a recruiter of sales professionals and a self obsessed sales person myself.  I find that most sales recruits complain regularly about Indecisive buyers or folks that just won't make a decision.  Well guess what the old saying of everytime you point your finger their are 4 fingers pointing back at you couldn't be more accurate in this case.  Thats right most of the time we can control the "atitude" we take into a sales call and yield a much higher success rate and have much more profitable results......RP
 
 
Salespeople love to complain about buyers. One of the complaints salespeople share the most is that buyers never seem to make up their mind. Just about the time it looks like they're going to make a buying decision, they suddenly hold off.

Yes, there are times when a buyer legitimately can't make a decision. Many times, though, the delay is nothing more than a tactic on the part of the buyer to get a better deal.  This is especially true of professional buyers, who see numerous salespeople on a regular basis.  Why should anyone make a decision quickly if they don't have to? More often than not, the buyers believe that by waiting, they will get a better deal. The salesperson will get scared and will think the only way to secure the sale is to offer a discount.  Buyers believe this because experience has shown them that it works!

Salespeople by nature are scared.  Don't take offense to my observation, because I include myself in this profession as well.  We, unfortunately, can view things too quickly in a negative manner. For most salespeople, the way out of a situation like this is to immediately offer the buyer a price reduction.  This is exactly what the buyer wants!  They are looking for the salesperson to show some fear and some sense that the sale may not happen at all. Once the buyer smells fear, they know a better deal is about to appear.

This is also a key reason why many professional buyers love to ignore phone calls, emails and all other forms of communication from salespeople. Nothing can make a salesperson more scared than a buyer who doesn't communicate with them.  If you're a buyer, it's hard to find any activities that can result in a higher return on investment than ignoring a salesperson or holding off on making a decision. These tactics usually result in saving money.

Now let's look at this challenge from a salesperson's perspective.  Salespeople love to close sales and they also love to close sales quickly, preferably with as little effort as possible.  But effort - particularly mental effort - can make the difference.  This is the ability to understand and rationalize objectively what is happening and what is not happening.  This means understanding why the buyer does need to buy from you and how what you're selling will allow them to achieve their needs and objectives.  The more you can build this kind of objective thinking into your attitude, the better equipped you are to keep negativity at bay. 

Negative thinking is the culprit that takes the biggest toll on a salesperson's level of success.

As soon as the salesperson begins viewing the situation negatively and how the sale may not occur, it's only natural for them to think the solution is to lower the price or offer something extra in the form of service.   When the salesperson does this, two things happen. First, it confirms in the buyer's mind why the smart thing to do is to slow down the decision-making process. Second, it destroys profit margin for the salesperson.

While there are several techniques to counter these outcomes, there really is only one that is foundationally most important - the confidence of the salesperson.   If the salesperson is not confident, then every other tactic or strategy is useless and will have little effect. Everything starts with the salesperson.

Confidence begins with the total belief in your own skill set as a salesperson and total belief in your ability to help the buyer fill the needs they have.  If you don't believe in both of these, then there is nothing else you can do to prevent the buyer from taking advantage of you by delaying their decision.  Buyers, especially professional buyers, can discern very quickly how confident a salesperson is. If they sense the salesperson is not confident, then they'll delay their decision. They have nothing to lose and everything to gain by doing so.

On the other hand, if you as the salesperson are determined to regularly and intentionally strengthen your own resolve and your own confidence, your natural reaction to stalling buyers will not be to cave under the pressure.  Your reflex will be to wholeheartedly believe in your product, your price and your potential to help the customer achieve their goals.

Are you going to let fear or confidence determine your future? The choice is yours, so choose wisely.  And profitably.

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Are you a Professional Sales Person?
Posted By Ross Petras on January 19, 2011 in In My Opinion-Sales
This is an excellent article that discusses how to gauge and more importantly how to become a "professional" in the filed of sales.  This concept has less to do with the type of company for which one works and more about "attitude" ......RP
 
Being a professional sales person has nothing to do with the company for whom the sales person works.  There are thousands of independent representatives in this country, for example, who work for themselves.  Other sales people work for small family-held businesses, others work for large multi-nationals.  Professional sales people are sprinkled throughout every one of these business types.

I often hear my clients lament that they wish they had a more professional sales force.  That idea of a “professional sales force” gets a lot of conversation in sales management and sales executive circles.  But what exactly does it mean?  And why is it a good thing?

Here’s one person’s opinion.
           
First, let’s eliminate those things that don’t matter.  There are a number of misconceptions about the attributes of a professional sales person that center around the externals of a sales person’s situation.  For example, being a
professional sales person has absolutely nothing to do with the product or service the sales person sells. 

I have met very professional sales people who have sold some of the strangest things imaginable.  In almost every open-enrollment seminar that I present, I come across someone who sells something that I have never even heard of before.  In my own experience, for example, I have sold cake mixes, men’s shoes, men’s suits and underwear, surgical staplers, sophisticated amplification equipment for hearing impaired children, business opportunities, life insurance, catheters, hand soap and yes, even sales people (as a sales recruiter), to name just a few.
           
Here’s another irrelevant external issue:  Being a professional sales person has nothing to do with the folks to whom you sell.  There are people in this country who sell something to every single job description and organization imaginable.  Some of the customer types to whom my clients have sold include farmers, both crop growers and live stock growers; tool and die shops, tier one, two and three automotive suppliers; schools at every level, and government agencies of all kinds; the military, grocery stores, restaurants, convenience stores and retailers of every kind; contractors of every ilk, including electrical, mechanical, HVAC, plumbing; builders both residential and commercial, etc.  I could go on and on, but you get the picture.  In each and every one of these industries, there are professional sales people.
           
Being a professional sales person has nothing to do with the company for whom the sales person works.  There are thousands of independent representatives in this country, for example, who work for themselves.  Other sales people work for small family-held businesses, others work for large multi-nationals.  Thousands sell for distributors; tens of thousands sell for retailers of every possible thing; more thousands sell for manufacturers and service providers of every type.  Professional sales people are sprinkled throughout every one of these business types.

Finally, being a professional sales person has nothing to do with how long he’s been at it, his educational background or experience level.  I have encountered many sales people who have been selling for over twenty years, for example, who don’t come close to fitting into the mold of a professional sales person.  On the other hand, last week, I met a 21 year old, in his first sales job, who was very professional. 
           
I have met professional sales people who had only a high school degree, and many with college and post-graduate degrees.  None of these things, which are external to the sales person’s character, matter.
           
Now that we’ve eliminated the things that a professional sales person is not, let’s look at the other side and examine the marks of a profession sales person.  “Professional” is the name we choose to put on a certain set of character traits and
attitudes that reside inside a sales person.

1. A Professional sales person is proud to be a sales person.
Can you imagine a doctor who is embarrassed to admit that he is a doctor?  Or a nurse who covers up that fact?  A teacher who doesn’t want anyone to know what he does for a living?  A firefighter ashamed to admit it?  A lawyer who pretends to be somebody else?  (Well, ok, maybe on this one.)

You see, in every profession, the members of that profession are proud to be a part of it.  Amazingly, that is not the case with the majority of sales people.  They don’t like to think of themselves as sales people.  Instead, they make up other terms.  They are account executives, product specialists, customer liaison agents, mobile customer service representatives, to name a few. 

On the other hand, the professionals understand the challenging nature of what they do for a living, the importance it has for their families, their companies and the economy as a whole.  The work of the average sales person in this nation supports four other families within the organization.  They are proud of that and proud to be sales people.

They don’t hide it or apologize for it, they revel in it.

2.  A professional sales person likes his job.
Not only are they proud to be sales people, but they like being sales people.  They like the freedom and autonomy they have on the job, and they relish the responsibility that comes with that.  They thrive on the customer contact, and are energized by the constant challenge.  They get a high from closing a big or difficult sale, and aren’t afraid to celebrate those successes. 
That doesn’t mean that they relish every aspect of every job.  I’ve had a sales manager, for example, that I was embarrassed to introduce to a customer.  I’ve sold products that didn’t excite me, and worked for companies whose management styles and cultures left me looking for something else.  In all of these negative situations, though, I never disliked what I did.

3.  A professional sales person believes he is a professional.
He doesn’t see what he does for a living as just a job.  He understands that it is one of the most fundamental and important functions, not only in his company, but in the economy in general.  He realizes that he touches and influences hundreds, if not thousands, of people, that his work supports and enables a number of other families, and that he represents much of the visible face of the company that employs them.  These are serious responsibilities, and the professional sales person understands that to do this well, he must see himself as a professional.

4.  A professional sales person continually invests in his own development.
Over the twenty plus years that I have been training sales people, educating sales managers and working to transform sales organizations, I have stumbled upon an observation which bothers me every time I communicate it.  It’s this:  Out of a group of any 20 sales people, only one has invested $25.00 of his own money on his own development and improvement in the past 12 months.

The non-professional sales people don’t think it’s their responsibility to improve themselves.  They won’t buy a book, or attend a seminar without their bosses paying for it and requiring it of them.  To them, it’s just a job.

The professionals invest in themselves.  Since they see themselves as professionals, they understand that they must constantly and continually “sharpen the saw.”  They buy the books, get the newsletters, attend the conferences, listen to the podcasts, etc. 

Can you imagine your CPA, as he delivers your tax return, mentioning that he hasn’t spent any time updating himself in years?  Or the doctor, as he goes into surgery to work on your spouse or child, off-handedly tossing off the fact that “it’s been years since he bothered to take a class or upgrade his skills.”

These seem like silly examples.  But most sales people (95 percent) don’t bother to take the initiative to upgrade their skills and develop their competencies.  Only the professionals do.

5.  A professional sales person always acts with the best interests of his company and his customer above his own.
There is, resident in the psyche of every professional sales person, an obligation to “serve.”  Ultimately, the professional sales person does serve two masters:  his customers and his company.  A professional understands that the sales he makes are the tangible expressions of  win/win solutions for the customer as well as profitable transactions for his company.

The professional will not “push” an inappropriate solution onto a customer, just to make a sale.  He’s in it for the long term, understanding that his reputation as a professional is worth far more than any individual deal.  “Integrity” is the overriding personality trait, and adherence to a strict code of ethics is the specific expression.

The unprofessional sales person sees his company’s management as, under the worst scenario, the enemy with whom to contend, and under the best, as a somewhat less than competent irritant to be tolerated.  The professional understands that he is an employee of the company, and has a responsibility to nurture the company’s interests.  He is mindful of his need to provide a return on the company’s investment in him, and seeks continually to increase his profitability to his employer.

6.  A professional sales person recognizes a responsibility that is larger than just the job. 
A professional sales person, by virtue of the demands of his job, naturally develops exceptional “people” skills.  He knows how to get things done, and how to work effectively with a variety of people.  These are skills that are helpful in his communities as well as his position.  Since he’s a professional, he invests some of his time in the larger community, serving on boards and task forces, coaching the elementary kids, adding his input to PTO meetings, etc.  He gives a portion of his income to those less fortunate than himself.

He understands that he is one of the world’s more fortunate individuals and accepts the responsibility to pay it forward.  I once heard this expression:  “Service is the rent you pay for the position you occupy in society.”  Professional sales people occupy a favored position, and accept their responsibility to pay the rent.

A professional sales force is an incredibly valuable asset to any organization, and the acquisition and development of a professional sales force is one of a businesses greatest accomplishments

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Lackluster Sales: The Reason Behind Mediocrity
Posted By Ross Petras on December 10, 2010 in In My Opinion-Sales
The lackluster sales argument resurfacing.....basically you need to be a bit uncomfortable if your results are waning.  The best way to deal with it....acknowledge it.  Thats right be honest and change your behavior and your sales results will follow....great article....RP
 
In this economy, where things are radically different then they were just a couple of years ago, the ability to change in positive ways in response to the rapidly changing economy environment is the fundamental success skill for individuals and organizations. Yet, over and over again, we -- sales people, sales managers and sales leaders -- all struggle with making the changes that we know we should make.

Here’s an issue sales managers confront all too frequently.  You just introduced a new product.  At the sales meeting, the sales people seemed excited.  Yet, it is three months later, and nothing’s been sold. 

Or, you work with a sales person in the field, and identify some skill that seems poorly developed, such as “asking better questions” for example.  You point it out to the sales person, provide some examples and ask him to work on it.  The next time you work with him, there is no improvement. 
 
Here’s one more example of this phenomena:  Your company has just invested in a major upgrade to your CRM system.  The sales people must use the system to record every sales call.  Yet, four months into the system, some are not yet complying. 

In each of these examples, the company’s leadership wants some change in the behavior of a sales person, and some, or most, of the sales people aren’t changing.  Clearly, if they would just do some things differently, both they and the company would be better off. 

In this economy, where things are radically different then they were just a couple of years ago, the ability to change in positive ways in response to the rapidly changing economy environment is the fundamental success skill for individuals and organizations. Yet, over and over again, we -- sales people, sales managers and sales leaders -- all struggle with making the changes that we know we should make.  Why is that?

Mediocrity
The answer is what I call the gap between idea and action.  We often have the right idea, but it doesn’t get translated into action as effectively as anyone would like.  In my work as a sales consultant and sales educator, I have discovered that this is the ultimate challenge, the biggest obstacle to overcome – the stealth reason for mediocre results.


It’s not the only reason most sales people aren’t as effective as they could be.  Probably the widest spread, most common reason is ignorance.  In other words, they just don’t know how to do their jobs better.  In every industry, the vast majority of sales people have never been exposed to the best practices of their profession.  They just don’t know what it means to be an effective professional sales person.  Since they have no standards by which to compare their efforts, they default to relying on being “nice guys,” developing relationships and hoping that those relationships cover over their lack of sales skills.
 
With the majority of sales people, the first step to better performance is to educate them on the best practices of their professions, so that they know what it means to be an effective sales person.  For a handful of sales people, somewhere between five percent and 20 percent of the sales force, that is sufficient.  They will take the good ideas – the best practices – that they have discovered, and apply them to their routines, improving their competence and confidence and creating significantly better results.  But what about the rest?  What about the 80 to 95 percent for whom exposure to good ideas is not sufficient?  For the vast majority of sales people, why is there a gap between idea and action?
 
Self-Improvement
That brings us to the dirty little secret of self-improvement – the principle that I don’t think I have ever seen exposed by the purveyors of sales training and self improvement programs.  It is this:  There is a price you must pay to change your behavior and become more successful.  And the reason there is a gap between idea and action is that most people are not willing to pay the price. 

The price is time, energy, and, much more importantly, the emotional cost of stressing yourself out of your comfort zones.
 
Let me illustrate with an example.  I recently accompanied a sales person on a sales call in which he had planned to present a major new program.  The sales person talked for over an hour, and managed in that time to mention two minor features in the 10 item program.  The sales call was a total waste of all our time -- the sales person’s time, the customer’s time and my time.  What happened?  The sales person was perfectly capable of presenting the program.  But he didn’t.  Why not?
 
Here’s my interpretation.  The sales person had an image of himself as the “knowledgeable guy.”  Therefore, he found every stray bit of conversation as an invitation to expound on something else.  He spent the hour talking because it made him feel good to live up to his image of himself.  He never presented the program, because to do so would be to impinge on his self-image.  He could no longer be the expert if he was talking about something that was new to him.  To do something different would be uncomfortable.  The cost, in terms of his view of himself, was too great.  No matter what changes the company wants, his image of himself -- the image that he is comfortable with -- is going to be in play.
 
This particular sales person was not alone in this situation.  He merely exhibited an example of a phenomenon for which we are all culpable.  This conflict between what we know to do and what we actually do cuts a wide swath among the human race.
 

We rarely make these decisions consciously.  It is not an act of will.  Rather, it is an emotional pull on our need to remain within our comfort zones. The key phrase in the example above is “made him feel good.”
 
We all develop comfort zones – habits, routines, and practices for which we have developed some comfort.  It makes us feel good.  When we are called upon to change our behavior to something which is clearly a more effective and more desirable practice, the cost of confronting the “feel good” comfort zones is too often too much.
 
In perhaps every company with whom I have worked over 20 plus years of sales consulting and sales training, the stealth cause of sales problems was, in one way or another, the emotional pull of comfort zones.  So, what to do?  Resign yourself to sliding down the hillside of slowly diminishing sales results, and hope you hold out long enough to retire?  Or, do you decide to tackle the issue head on, driven by a commitment to make the most of your position or your organization?  If you decide to take the next step in personal or organizational development, to ferret out the stealth cause of a lack of sales growth, then I have some ideas for you.
 
Behavior Change
The core strategy is to change the equation.  Right now, you, or your sales people, “feel good” when they are in their comfort zones.  To make a change in what they do causes them discomfort.  The equation looks like this: 


Current behavior = comfortable feeling
New behavior = uncomfortable feeling
Change it so that it looks like this:
Current behavior = uncomfortable feeling
New behavior = likelihood of more comfortable feeling

In other words, the pain of not changing has to be greater than the cost of changing.  I am 100 percent, absolutely, unequivocally convinced that most people don’t change until they become discontent with their current state of affairs.  In other words, if you are going to change your behavior, you must develop and deepen some discontent.  If you are going to facilitate the change in your sales people (or anyone else, for that matter) you must develop and deepen discontent.

Thomas Edison said, "Restlessness and discontent are the necessities of progress."

Hawthorn said, "The world owes all its onward impulses to men ill at ease. The happy man inevitably confines himself within ancient limits."

If you are an individual concerned about stimulating yourself to greater levels of personal performance, then start this process by setting some specific measurable goals that require you to become someone better than you are.  Share them with the people around you, so that they can hold you accountable.  Specifically detail, in words and pictures, what you’ll gain by achieving the goals, and what will happen if you don’t.  (See my article Creating Long-Term Goals for a more detailed description of this process.  Or, see lesson two in my Kahle Way® B2B Selling System.)

If you are a leader of sales people, you have more tools at your disposal. Start by creating powerful goals for sales behavior and creating and communicating specific performance expectations (See Kahle Way® Sales Management System.)
 
On a regular basis, recognize and reward those sales people who most effectively make the changes.  Have frank and uncomfortable discussions with those that don’t.
 
Consider revising the compensation plan to directly reward the more effective sales behaviors.  And, of course, those employees who most stubbornly resist your efforts to move them to more effective sales practices should be helped to find a more suitable position.
 
Whether you are an individual sales person, or a leader of sales people, you will never achieve your potential for increasing sales, and growing market share until you successfully confront and regularly defeat the stealth cause of lackluster sales
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What Impacts Reps Performance?
Posted By Ross Petras on November 4, 2010 in In My Opinion-Sales

The more time I spend recruiting the more I agree with Tom (author of the article below)  the difference between good sales org's and great one's is training and coaching.  Of course using a recruiter that knows how to find talent doesn't hurt either!.....RP

By Tom Stanfill, CEO of Aslan Training & Development

I have spent the last 20 years singularly focused on answering one question – How do you improve a sales rep’s performance? I know there may be higher callings in life, but this is the path I’ve chosen...and this path has led me to the realization of what is the most important ingredient to not only catapult a rep’s performance, but their level of engagement as well.

So what’s the key? What do all the high performing sales organizations know that maybe you are missing? It is not technology, or focusing on the right metrics, or even training (hard for me to say since I run a training company). It is...(drum roll please)…coaching. I know it’s not real sexy, and it certainly won’t land me on the cover of Time, but it’s the truth.

“Tom, tell me something I don’t know. Everyone knows the importance of coaching.” I agree, but if everyone already knows the importance of coaching, then why are so very few sales organizations coaching their people? If they are, why aren’t they doing it well? I think it has a lot to do with how the role of a coach is being defined. Most organizations confuse coaching with performance evaluations. I’m a big believer in developing a scorecard and ensuring each rep knows where they stand, but knowing “your score” just highlights the problem and offers nothing about the solution. The sports world really understands this, but the business world, in general, is bogged down in metrics.

I played football in college, and I can’t imagine if they followed the same development plan as most sales organizations do. “Hey Tom, for our opener, we are going to be playing Alabama. I really need you to block well and never drop a pass. So do your best this week preparing, and I will check in with you after the game on Sunday, and we will discuss your performance. Good luck, and just remember – we really need to win.” Anyone remotely familiar with sports knows that this will never happen. Why? Because you can’t win games if you don’t help your players develop their skills. In sports you spend a large majority of your time under the guidance of a coach developing your skills, and much less time reviewing your performance. This usually happened on Sunday, after the game; and if your performance was below par, you never had to guess how you played (usually with chairs flying across the room and the quality of your heritage openly questioned). In most sales organizations, we just have the "Sunday meeting" – “Suzie your %s are down, and you’re not hitting your productivity goals. Now go do better and I will see you in two weeks.” That’s not coaching. Coaching is about improving the future and way too many managers just report on the past. They sit on the side lines, filling out their scorecard with the hopes that things will get better – I'm here to tell you, they won’t.

The Application

So as a sales leader, what is your approach to developing your team? Do you typically spend most of your time in “Sunday meetings” vs. helping each rep build their skills through true coaching? If you’ve recognized that, you may need to change your approach. Here are a few tips to consider:

  • Don’t be a player-coach. You can’t coach if you don’t observe your reps' performance.
  • Protect your time to coach. Under-performing reps will require at least one coaching session per month. If your plate is too full with administrative tasks, you need to ask yourself if you will really get fired for lack of administrative processes or for an under-performing team?
  • Recognize the difference between skills and knowledge. Skills must be observed and developed in one-on-one sessions with the reps. Knowledge gaps on the other hand can be addressed by delegating that responsibility to the rep, reducing the time required in a coaching session.
  • Focus on your reps' desire. If a team member is unwilling to change, don’t waste your time coaching them. A rep’s commitment to the process is just as important as yours. Communicate that you are more than willing to invest in their developmental process...when they are committed to following through on their development plan. This will free-up precious time to invest in those reps who are passionate about improving (more on this in the next Aslan Application).
  • Assess your percentage of positive to negative feedback. Coaching is about looking forward and helping the rep achieve their goals. This should always be a positive interaction regardless of their current level of performance. One simple way to build your awareness about your approach is to watch for signs that reps are looking forward to the next session. If not, your coaching interaction probably feels a bit like a “Sunday meeting" after a big loss.

So with that, I challenge you to incorporate these tips and expand your role to actually coach. Move beyond just delivering a backward-gazing performance scorecard during a "Sunday meeting" to a productive, positive, future-looking coaching session. Although it will require greater intentionality, I guarantee that you and your reps will see the results you are both looking for.

Stay tuned for Part II of this article in the next Aslan Application, where we will identify and address your biggest challenge in making this happen. Until then, if you have any questions or would like to discuss what you have read further, please don't hesitate to call me.

About the Author

Founding partner and Chief Executive Officer, Tom Stanfill has focused his 17 years of experience consulting and developing training programs for inside and field sales organizations. He is widely recognized as a thought leader in the field of account management, acquisition and growth. Tom has published numerous articles on the subject of selling and is a frequent speaker at the most prestigious industry shows.

Prior to starting Aslan, Tom founded and ran eS2 (Enterprise Sales Solutions) – a business-to-business contract sales force that was recognized as one of the 4th fastest growing company in its category. eS2 employed over one hundred sales representatives providing lead generation, account development, and inside sales support to its clients. With the combination of extensive sales and sales management experience and more than a decade focused on developing training programs, Tom is well positioned as the head of program development and the sales subject matter expert.

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When is it safe to Hire a Sales Person?
Posted By Ross Petras on October 19, 2010 in In My Opinion-Sales

This is an excellent take on the age old question of when is the right time to hire?  The answer.....well it may surprise you....RP

 
It's one of the classic Catch-22's of entrepreneurship: Business owners are often afraid to hire a salesperson until they're sure they're bringing in enough revenue to support the extra salary--but how can they reach that threshold without hiring a salesperson? Two years ago, Stan Kania found himself in this bind. Kania is the CEO of Software Link, an accounting software reseller in Alpharetta, Georgia. At the time, his company had $2 million in sales. "I was the only person selling," says Kania, "and the problem of running the business and trying to sell at the same time was overwhelming."

Although he was on the verge of exhaustion, Kania wanted to be sure the timing was absolutely right before Software Link brought its first salesperson on staff. To Kania, that meant generating enough sales leads for a new person to follow up on. He says he was getting close to that point. Then he got an offer he couldn't refuse. Sage Software, the corporation that makes the applications that Kania sells, proposed to give him $10,000 toward hiring and training a field salesperson. The money could be used on anything from putting candidates through a battery of personality tests to subsidizing salary in the early months to providing the new hire with coaching services up to a year after he or she is sent into the field. The only condition? Kania had to fill the job within 100 days.

Incentive programs are common in the software industry, where, instead of relying on a direct sales force, corporations like Sage often turn to small resellers to pitch their applications to a vast market of customers. Incentives as extensive and generous as Sage's are rare, however. For the past three years, the company (formerly known as Best Software) has invested $1 million a year to provide 100 resellers with $10,000 each to hire a salesperson. The initiative, which Sage calls the 100/100 program, provides interesting insights into why entrepreneurs delay recruiting salespeople--sometimes until their companies falter--and what mistakes businesses make in the hiring process.

The program came into being after Sage discovered, in a survey of its resellers, that an alarming number of these businesses counted the owner as the one and only active salesperson. At Sage, which develops a smorgasbord of business software, executives debated how to persuade more resellers to put, in the words of Taylor Macdonald, who oversees the reseller network for Sage, "more feet on the street." The problem, as always, was convincing them that the potential reward outweighed the risk. "Our partners are always hesitant to hire," Macdonald says. "There are legions of stories of hiring a new salesperson and after 60 to 90 days it doesn't work out and then they're out a whole lot of time and money. Then they become gun-shy." The 100/100 program was designed to overcome these fears.

Brant Wadsworth, the owner of Digitek, a Phoenix-based software reseller with $2 million in revenue, is typical of the CEOs Sage wanted to reach. "I had hired salespeople before, but the process to get them up to speed was difficult, and they didn't work out," he says. "The hardest thing about finding good salespeople is that they're all professional actors. Every salesperson is giving you their best pitch when you're interviewing."

Using the $10,000 that Sage provided, Wadsworth decided to try again. To avoid making another bad hire, he engaged Opus Productivity, a personality profiling company based in Laguna Hills, California. Sage had recommended Opus to its resellers, and had let Opus compile data on the top performers at Sage's top 25 resellers around the country to create a profile of the most successful software salespeople. (What defines success? Sage has come to value the people who are most adept at landing new accounts more highly than the top performers by revenue. This distinction reflects Sage's self-interest, because software makers earn less money from resellers' existing clients than from new accounts.)

After the initial round of interviews and tests, Wadsworth created a short list of six candidates. Then managers at both Sage and Opus interviewed Wadsworth's selections and gave him their feedback. Sage was happy to have a role, Macdonald says, to guard against resellers hiring "their brother-in-law or a buddy from church."

That was two years ago. Wadsworth's hire quickly became the company's top earner and was part of a three-person sales team that landed 31 new accounts in a year. "It was awesome," Wadsworth says. "She was my very first long-term sales hire ever."

Not every company that participates in the 100/100 program enjoys such immediate results, of course. In 2005, Sean Mohan, the founder and CEO of Strategic Sales Systems, a St. Louis reseller with $1.5 million in sales, took Sage up on its offer. He dutifully put candidates through personality testing, but when a low score seemed to discredit his favorite prospect, he decided to go with his gut.

Mohan thought the person he hired, though inexperienced, had great potential. But soon after she came to work, Mohan realized he'd screwed up. As the personality tests had suggested, the candidate's natural exuberance did not make up for a lack of aggressiveness and experience. "Some of the weaknesses we identified in the screening process turned out to be the problem," Mohan admits. After several unhappy months, the salesperson left.

Last year, Sage allowed a repentant Mohan to try again--so long as he was willing to give greater weight to the personality scores. The second hire was productive after only three months on the job, and by his fifth month, he had brought in three customers the company wouldn't have gotten otherwise for sales totaling about $90,000. Despite the happy ending, Mohan's fear of sales hiring persists. "Any time you hire a salesperson," he says, "there's a lot of risk. Until they start selling, you don't know what you're going to get out of it."

Sage, meanwhile, continues to try to get better at predicting who will succeed in the ultracompetitive software industry. The company is quick to point out that the turnover rate for salespeople sponsored by the 100/100 program has been very good. After one year, 78 percent of the salespeople hired as part of the first class were still employed with the resellers who hired them; the two-year figure was 65 percent. For typical sales hires, the software maker estimates, Sage's resellers retain only 32 percent after one year and 15 percent after two.

Despite these enviable statistics, Sage has spent a lot of energy looking at the small group of salespeople who didn't last. Low test scores are common. Feuding between the new salesperson and the owner of the business is another recurring theme. To figure out the root causes of these clashes, Sage put some of the software entrepreneurs through the same personality test as the sales candidates.

The findings revealed that, as a group, the business owners were more introverted and patient than the top salespeople. The best salespeople, meanwhile, were impatient and aggressive, and needed a lot of affirmation and encouragement. Business owners didn't see the need to celebrate every small step on the way to making a sale, which is exactly what the salespeople craved.

As a result of that discovery, Sage has begun to offer training to business owners on how they can become fair and supportive sales managers. The company also has beefed up training for the new recruits. Soon after they are hired, rookie salespeople are whisked away to an intense, weeklong boot camp. The sessions combine various selling exercises, including question-and-answer forums with real customers and what Macdonald calls "the dreaded role-playing," wherein recruits are videotaped making sales pitches and then critiqued (read: roasted) by their classmates and instructors.

Back at home, new salespeople are shadowed for up to a year by coaches who engage them in regular conference calls and Web seminars, providing them with encouragement, helpful feedback, and an outlet to vent whatever frustrations they may have with their new job or their new boss. The support provided in the early months, some resellers say, can be more valuable than the $10,000 subsidy.

That was Stan Kania's experience. In a twist Sage may not have anticipated, Kania used his $10,000 to poach a young salesperson named Dan Gimbert from Sage's nearby software support center. The 27-year-old rep was new to field sales but he had valuable experience at inside sales. "It took him 90 days to understand the process, and he was somewhat discouraged he hadn't made a sale yet," Kania recalls.

With the help of his coach and with Kania's feedback, Gimbert landed his first sale in his fourth month of employment. "Then it was one after another," Kania says. With average sales of $30,000 per account, Gimbert contributed heavily to Software Link's sales growth that year, which increased the company's top line by $1 million. Not bad for the very first salesperson Kania ever hired

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Confirming Sales Appointments: Don't Ask for a Cancellation
Posted By Ross Petras on October 6, 2010 in In My Opinion-Sales

We've all been there....looking to confirm an appointment yet unsure the proper way to do it.  Some good advice is offered here by Al Davidson.....RP

"Hi there, this is Bob Jones. We have a appointment tomorrow at 10 a.m. I was just wondering if you'd like to cancel?"

I know, I know. I exaggerate. No one would intentionally call a prospect and create such an opening. However, if you aren't careful when calling to confirm your sales appointments, you might as well be.

Remember, your prospects are busy running here and there putting out fires. If you have gotten far enough to schedule a face-to-face, then the prospect is interested enough to want to listen. Chance are you've done a lot of work to get here.

However, once the day rolls around, there will most likely be something more urgent that has risen for the prospect. Calling to confirm can inadvertently give him or her the opportunity to back out of the appointment to put these new fires out. But at the same time, you want to make sure the prospect is expecting you, and the appointment hasn't slipped his mind.

One easy way around this is to place your confirmation call after-hours the day before the meeting and leave your reminder on voice mail. He'll get the message first thing in the morning and be expecting you. Could he still cancel? Sure. But if he hasn't gotten proactive and called to cancel before the day of the meeting, then chances are good that he won't do it the day of.

One more thing to be wary of: trying to turn a scheduled face-to-face meeting into a phone conference. If it is a lead you are uncertain of, try to do a little better job of qualifying before you set up a meeting. If you really don't think it's worth your time, why waste your time and theirs?

The prospect has overcome a lot of resistance to find time to meet with you. If you suddenly ask for a phone conference instead, he might think you aren't that interested in talking to him seriously, and he could decide that YOU'RE not worth HIS time.

If circumstances dictate that you can't meet face-to-face for some reason, suggest video conferencing, versus a simple phone call. It's the next best thing to actually being there (and you can actually be almost anywhere!).
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About Ross Petras
Ross Petras founded Priority Sales Recruiting (PSR) in 2003. Since PSR’s inception Ross has become one of the most successful sales recruiters in the US. He has personally recruited some of the highest level sales talent in the US for our technology, financial services, interactive, biotech and pharma clients. [More]

 
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