Drive Your Revenue€¦ · ©%VALIDITY%Group%% Page%|%4% It#doesn’t#stop#with#your#CRM#–!...

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Page | 1 © VALIDITY Group Dramatically Improve CRM Performance If you’re like most B2B businesses, 80% or your revenue comes from 20% of your most strategic, key accounts The majority of strategic account managers take a dangerous “one anddone” approach to account planning. If this rings a bell in your business, and your strategic account planning is just an annual (or biannual) exercise, then your revenue projections are at serious risk. Recent CSO Insights research found that sales rep quota attainment was only 58.1% in 2014, and yet, in the face of those numbers, 94.5% of firms have raised revenue targets in 2015. We maintain that if it didn’t work last year, then this year may well end the same. The solution is not so much in change to your sales team membership, but rather adopting a NEW and proved solution to deliver you better results. The promises of CRM’s were to provide enormous potential for improving sales organisation productivity, BUT many companies have had mixed success in leveraging CRM’s to drive transformational sales effectiveness improvements. Research has attempted to understand the CRM's impact on sales organisation effectiveness, identify what drives successful CRM deployments, and prioritises where organisations can improve their utilisation of CRM. Drive Your Revenue View the EnablePro™ Video

Transcript of Drive Your Revenue€¦ · ©%VALIDITY%Group%% Page%|%4% It#doesn’t#stop#with#your#CRM#–!...

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    Dramatically  Improve  CRM  Performance  If  you’re  like  most  B2B  businesses,  80%  or  your  revenue  comes  from  20%  of  your  most  strategic,  key  accounts  

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    The  majority  of  strategic  account  managers  take  a  dangerous  “one-‐and-‐done”  approach  to  account  planning.    If  this  rings  a  bell  in  your  business,  and  your  strategic  account  planning  is  just  an  annual  (or  biannual)  exercise,  then  your  revenue  projections  are  at  serious  risk.  

    Recent  CSO  Insights  research  found  that  sales  rep  quota  attainment  was  only  58.1%  in  2014,  and  yet,  in  the  

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    face  of  those  numbers,  94.5%  of  firms  have  raised  revenue  targets  in  2015.    We  maintain  that  if  it  didn’t  work  last  year,  then  this  year  may  well  end  the  same.    The  solution  is  not  so  much  in  change  to  your  sales  team  membership,  but  rather  adopting  a  NEW  and  proved  solution  to  deliver  you  better  results.  

    The  promises  of  CRM’s  were  to  provide  enormous  potential  for  improving  sales  organisation  

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    productivity,  BUT  many  companies  have  had  mixed  success  in  leveraging  CRM’s  to  drive  transformational  sales  effectiveness  improvements.

    Research  has  attempted  to  understand  the  CRM's  impact  on  sales  organisation  effectiveness,  identify  what  drives  successful  CRM  deployments,  and  prioritises  where  organisations  can  improve  their  utilisation  of  CRM.    

    Drive  Your  Revenue  

    View  the  Enable·∙Pro™  Video  

    http://www.validitygroup.net/http://www.validitygroup.net/resources/videos/

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    Our  end-‐to-‐end  Sales  Enabling  solution  that  works  for  the  entire  business  

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    Amidst  so  many  things  that  members  of  the  sales  force  need  to  do,  CRM’s  are  just  more  work  with  no  benefit,  and  can  cause  additional  problems  for  a  sales  rep  whenever  they  log  a  significant  opportunity.    In  brief,  CRM’s  are  often  seen  by  sales  team  members  as  a  reporting  system  for  management  and  of  no  value  to  sales.    

    Therefore  the  issue  is:      

    If  they  see  no  value  in  it,  if  they  see  it  as  a  burden,  then  how  they  use  it  will  have  a  direct  bearing  on  the  quality  of  the  information  that  is  put  into  it.  

    For  the  COO  and  the  CFO,  they  will  often  report  that  the  

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    CRM  has  not  delivered  any  real  improvement  in  performance.    It  seems  to  uncover  more  problems  than  it  solves  and  in  many  cases,  creates  still  more.    So  for  some,  the  results  have  not  been  as  good  as  they  had  hoped.    There  are  increasing  reports  where  these  views  are  gaining  ground  and  usage  is  dropping.  

    This  is  a  challenge  that  VALIDITY  Group  can  solve.    

    Our  solution  is  Enable·∙Pro™  :  

    § A  solution  that  was  designed  BY  sales  people  FOR  sales  people  to  help  them  succeed.  

    § A  solution  that  will  work  with  your  CRM  and  provide  you  the  results  and  outcomes  that  you  want.  

    Territory  (TTS)   Account  Planning  (MAS)  Opportunity  

    Execueon  (SS  2.0)  Sales  Management  

    &  Coaching  Channel  

    Management  

    Software  that  Works  for  the  Sales  Force  –  Enable·∙Pro™  

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    Enable  Pro™  allows  your  sales  force  to  leverage  capabilities  that  can  give  you  a  competitive  edge.    It  is  the  only  solution  that  marries  your  sales  process  with  intelligent,  visual  tools  so  you  can  easily  guide  your  teams,  drive  consistency  and  grow  revenue.  

    § Dynamic  Playbooks.    Deploy  best-‐practice  processes,  tools,  collateral,  eLearning  and  other  assets,  based  on  the  solution,  vertical  industry  or  stakeholder  role.    

    § Multiple  Playbooks.    Grow  revenues  by  using  visual  map  capabilities  to  improve  sales,  account  management,  channel,  and  renewal  processes.    

    § Playbook  Configurator.    Evolve  with  your  markets,  quickly  tailoring  process  templates  to  guide  best  practices  for  different  teams.    

    § Process  Scorecard.    Score  the  performance  of  each  process  step  and  use  a  simple  traffic-‐light  metaphor  to  pinpoint  any  risks.    

    § Playbook  Analytics.  Easily  monitor  your  processes  and  track  tool  utilisation  to  identify  critical  factors  that  impact  your  efficiency  and  win  rates.  

    A  perfect  solution  for  your  sales  people.    And  for  your  results.  

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    Enable·∙Pro™  is  a  solution:  

    § That  provides  the  sales  person  easy  access  to  EVERY  piece  of  information  that  they  require.  

    § That  builds  and  populates  my  clients  organisational  and  decision  making  structural  map.  

    § That  makes  my  Account  Planning  process  seamless  and  easy.  

    § That  is  highly  visual  for  me  and  highlights  easily  and  effectively  for  me  to  proceed.  

    § That  draws  in  from  LinkedIn  and  other  key  resources  the  data  and  information  that  I  need.  

    § That  means  that  from  the  same  screen  I  can  access  all  the  marketing  support  documentation  I  need  without  having  to  change  screens  and  search.  

    § That  allows  me  to  understand  and  scope  where  my  opposition  is  playing  and  what  strengths  they  have  

    § Where  I  can  clearly  articulate  where  my  internal  strengths  and  weaknesses  are  and  apply  my  right  resources.  

    § That  when  my  boss  asks  for  report  I  can  ask    “Word  or  PowerPoint?”  and  at  a  click  have  the  report  done  while  I  make  a  coffee.  

    § That  will  automatically  populate  the  company’s  CRM  for  me  

    § That  provides  me  a  simple  straightforward  process  and  tools  on  the  one  screen  to  ensure  my  success.  

    § That  is  clearly  designed  for  sales  people  to  be  successful  with,  and  yes  one  that  will  automatically  populate  any  CRM/CRM’s  that  sit  in  the  background.  

    § That  Ops  and  Management  can  customise  easily  and  effectively  to  generate  any  report  they  want,  financial,  territory,  industry,  sector,  solution.  

    What  for  many  has  been  viewed  as  a  massive  insurmountable  problem  now  has  a  significant  

    solution  –  Enable·∙Pro™    

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    It  doesn’t  stop  with  your  CRM  –  invest  in  Sales  Coaching  to  boost  success  

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    Specifically,  they  examined:  

    § CRM's  impact  on  selling  activities  § CRM's  impact  on  selling  results  § CRM  utilisation  § Management's  priorities  in  using  CRM  to  impact  

    sales  effectiveness  § Key  improvement  areas  for  CRM  adoption  § CRM's  impact  on  essential  management  activities,  

    such  as  opportunity  identification,  pipeline  management,  sales  process  efficiency,  performance  reporting,  and  communication  management.    

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    Sales  Coaching  that  Works  

    The  best  B2B  sales  teams  are  led  by  great  sales  coaches.  But  what  makes  a  great  coach,  and  how  can  your  sales  leaders  develop  these  skills?    

    Join  forces  with  VALIDITY  to  discuss  the  basics  of  sales  coaching,  the  skills  required  to  be  an  effective  coach,  the  tools  that  can  be  applied,  and  the  key  approaches  that  you  can  use  to  be  a  great  sales  coach.    

    Talk  to  us  about  us  providing  you  with  external  sales  coaches  that  can  add  substantial  and  significant  value  to  your  sales  organisation.    

    We  provide  you  with  the  sales  coaching  tools  that  work  and  deliver  real  results.  

    Results  from  the  CSO  Research  recent  survey  will  enable  sales  leaders  to  assess  their  organisation's  CRM  use  and  identify  sales  effectiveness  –  impacting  improvement  opportunities.  

    Did  you  know?  On  average,  teams  that  report  receiving  more  than  three  hours  of  coaching  per  month  exceed  their  goals  by  7%.  

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    o Arabic,  Farsi,  Urdu  o Baltic  languages:  Estonian,  

    Latvian,  Lithuanian  o Central  Europe  languages:  

    Albanian,  Croatian,  Czech,  Hungarian,  Polish,  Romanian,  Serbian  (Latin),  Slovak,  Slovenian  

    o Chinese  o Cyrillic  languages:  Azeri,  

    Belarusian,  Bulgarian,  FYRO  Macedonian,  Kazakh,  Kyrgyz,  Mongolian,  Russian,  Serbian,  Tatar,  Ukrainian,  Uzbek  

    o Greek  o Hebrew  o Japanese  &  Korean  o Latin  1  languages:  Afrikaans,  

    Basque,  Catalan,  Danish,  Dutch,  English,  Faroese,  Finnish,  French,  Galician,  German,  Icelandic,  Indonesian,  Italian,  Malay,  Norwegian,  Portuguese,  Spanish,  Swahili,  Swedish  

    o Thai  o Turkic  languages:  Azeri  (Latin),  

    Turkish,  Uzbek  (Latin)  o Vietnamese  

    Enable·∙Pro™  –Multiple  Languages  

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    Our  platform  approach  …  

    § Reinforces  the  strength  of  CRM  or  can  be  used  standalone.  

    § Provides  the  most  agile  and  fastest  way  to  enable  the  team  with  the  essential  processes,  tools  etc.  

    § Shows  a  visual  and  dynamic  way  of  understanding  and  applying  the  principles  of  Solution  Selling®.  

    § Provides  a  close  tie  between  what  is  taught  and  how  it  is  applied  on  a  day  to  day  basis.  

    § Offers  interactive,  on  demand  learning,  in  the  context  of  the  process.  

    § Reports  provide  a  visual  display  of  success  criteria,  for  measurement.    Examples  include:  

    o Adoption  of  specific  key  indicators  of  success  

    o Seller’s  ability  to  apply  the  process  /  Job  Aids  

    o Areas  where  sellers  need  additional  focus  or  coaching  (individual  versus  team)  

     

    Integrated  to  maximize  your  CRM  Investment  

    Enable·∙Pro™  can  be  used  as  standalone  or  integrated  with…  

    § Salesforce.com  § Microsoft  Dynamics  § Oracle  On  Demand  § Oracle  Fusion  § SAP  § …homegrown  CRM’s  

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    Talk  to  us  about  our  Account  Planning  template,  which  includes:  

    § Best-‐practice  components  for  account  planning.  

    § The  essential  components  of  an  effective  account  plan.  

    § Examples  of  how  automated  tools  can  visually  bring  your  account  plans  to  life  and  facilitate  team  collaboration.  

     

     

     

     

     

     

    Account    Planning  Template  

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    Account  Planning  

    We  start  by  outlining  the  basics  of  how  to  develop  a  highly  effective  Account  Plan,  then  share  how  top  sales  teams  approach  account  planning  to  ensure  that  they  maximise  the  relationship  and  revenue  potential  of  each  and  every  strategic  account.  

    A  recent  industry  survey*  reported  that  improving  your  account  planning  from  “poor”  to  “good”  resulted  in  a  41%  increase  in  win  rates.  Most  B2B  sales  organisations  don’t  have  an  effective  account  planning  process  –  and  actually  rely  on  PowerPoint,  Word  and  spreadsheets  as  their  primary  planning  tools.  

    VALIDITY  helps  you  develop  a  change  of  behaviour  towards  and  management  of  your  Account  Planning  process.    One  key  missing  link  in  your  Account  Planning  –  and  perhaps  a  key  component  –  is  involving  your  customer  in  your  planning  process.    

    This  is  commonly  a  foreign  concept  for  most  sales  professionals  and  certainly  not  an  area  of  comfort,  skill  or  experience  for  most  teams.    During  our  work  together,  we  will  train  the  art  of  customer  collaboration  and  how  to  integrate  it  into  your  planning  process.    You’ll  see  that  the  payoff  can  be  HUGE!      

    We  will:  

    § Develop  the  skill  of  customer  collaboration  in  your  account  planning  practices  

    § Achieve  collaborative,  multi-‐year  roadmaps  and  business  plans  

    § Realize  more  accurate  assessments  of  your  full  revenue  opportunity  

    § Identify  real  coaches  within  the  client  and  how  to  work  with  them  

    § Gain  customer  buy-‐in  and  active  participation  throughout  the  relationship  

    § Align  execution  with  your  customer  against  the  collaborative  plan  

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    Maximise  your  results  with  Enable·Pro™  –  the  cloud  solution  with  true  mobility  

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    VALIDITY  works  with  you  on:  

    § Top  barriers  impacting  forecast  accuracy    

    § How  sales  managers  should  spend  their  time  

    § How  compensation  plans  should  be  managed  and  not  be  managed  on  an  Excel  spreadsheet  

    § Utilizing  account  plans  to  conduct  quarterly  reviews  

    § 3  critical  areas  to  assess  when  establishing  account  goals  

    § Identifying  the  right  information  within  an  account  to  drive  execution  

    § Keeping  your  account  plan  evergreen  to  drive  additional  revenue  

    "So  What?"    Our  “so  what”  is  the  delivery  of  solutions  that:  

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    § Drive  your  revenue,  AND  change  behaviours  towards  success.    

    § Produce  account  plans  that  are  robust  and  achievable.    

    § Allow  the  company  to  achieve  its  revenue  goals  and  your  sales  team  to  achieve  their  full  earnings  targets.  

    We  deliver  the  components  of  a  GREAT  account    plan.    And  a  great  account  plan  only  pays  off  if  you  execute  against  it.    

    We  share  5  critical  steps  to  operationalize  your  account  plan  and  how  to  make  it  a  central  part  of  your  sales  execution.    

    Learn  how  this  proven  approach  will  drive  your  sales  team  towards  realizing  its  full  revenue  potential  –  in  every  account.  

    From  the  CSO  Insights'  6th  Annual  Sales  Management  Optimisation  study,  we  demonstrate  how  sales  managers  can  help  their  sales  teams  hit  your  increased  targets.  

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    And  speak  to  us  about  how  we  can  help  your  Account  Planning  processes  succeed,  as  well  as  

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    develop  your  sales  coaching  bench  strength.    Failure  is  not  an  option  anyone  can  afford.  

    Call  us  today  and  arrange  a  demo  to  see  for  yourself  the  ease  and  effectiveness  of  Enable·Pro™    

    We  enable  people,  sales  and  businesses  to  excel  and  grow  Proudly  supporting  business  throughout  the  Asia  Pacific  region.    View  our  powerful  solution  portfolio  online    

    or  contact  us  for  more  information.  

    Kuala  Lumpur:  VALIDITY  Group  Sdn  Bhd  Level  36,  Menara  Citibank  165  Jalan  Ampang,    50450    Kuala  Lumpur  +603  2169  7058  

    Singapore:  VALIDITY  Group  Pte  Ltd  371  Beach  Road,  #17-‐01  Keypoint  Singapore    19597  +65  8657  3688  

    Level  27  101  Collins  Street  

    Melbourne    VIC    3000    Australia  +61  3  9653  9551  |  [email protected]  |  www.validitygroup.net  

    Head  Office  

    Regional  Offices  

    http://www.validitygroup.net/http://www.validitygroup.net/mailto:[email protected]