Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

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© Copyright 2016 The Sales Management Association. Sales Management Association Webcast 6 April 2016 Presented by “Re-boarding” the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Transcript of Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Page 1: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

© Copyright 2016 The Sales Management Association.

Sales Management Association Webcast

6 April 2016 Presented by

“Re-boarding” the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Page 2: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

About The Sales Management Association

Slide 2

A global, cross-industry professional association for sales operations and sales management. Focused in providing research, case studies, training, peer networking, and professional development to our membership. Fostering a community of thought-leaders, service providers, academics, and practitioners.

Learn More: www.salesmanagement.org

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Page 3: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Today’s Speaker

Slide 3

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Page 4: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Twitter @Qstream @SMAssociation Hashtag #salesreboarding

The best ideas should be shared

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Page 5: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Poll: Revenue growth forecast

What is your sales growth forecast for this year?

•  < 5% •  5%-15% •  15%-30% •  > 30%

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Page 6: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Revenue growth challenges

Source: CSO Insights, 2015 Sales Management Optimization Study

58%

Percentage of sales reps achieving quota

47%

Companies with a ramp up time >10 months

68%

Companies that plan to increase the size of their

sales team

22%

Average sales turnover rate

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Page 7: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

A word about turnover

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Page 8: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Driving revenue growth

Moving the middle!

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Bottom 20% Top 20%!

Revenue Performance

Sale

speo

ple

5% performance gain from the middle yields over 70% more revenue than a 5% shift in the top

Middle 60% !

Sales Executive Council (SEC)!

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Happy, productive reps stick around

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And get up to speed 34% faster

Page 10: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

When is it OK stop?

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Page 11: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Continuous ‘re-boarding’

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Page 12: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

The bottom line

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Top performers are proficient in all aspects of their job

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One-third of reps are not all that…

But which ones are they?

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Page 14: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

What can CRM tell us, really?

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Competency vs. Productivity

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Page 16: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

What does good look like?

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Page 17: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Chat: The ideal salesperson

Describe in a few words the qualities/behaviors of the ideal sales rep?

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Page 18: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

The sales talent lifecycle

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Page 19: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Onboarding effectiveness

Identifying Onboarding Capability Gaps Sales Management Association February 2015

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Page 20: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Measure what reps do

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Page 21: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Measure what reps produce

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Measure what reps know

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Measure over time

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Page 24: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Now tie that all together

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Page 25: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Mind the gaps

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Data-driven coaching tools

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Page 27: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Data-driven coaching insights

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Page 28: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Data-driven coaching templates

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Page 29: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Guided selling tools

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Validate your hiring profile

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Page 31: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Important reboarding considerations

Time

Convenience

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Insights

Motivation

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Three success metrics

Sales Representatives

SALES CAPABILITIES!

Sales Managers

COACHING EFFECTIVENESS!

Senior Sales Management

PERFORMANCE ANALYTICS!

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Results

30% 3% 12% Quota

attainmentGross profit Sales turnover

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Questions and Discussion

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Enter your questions in the “Questions” box on the right hand side of the webinar application window.

Did we run out of time before we got to your question? Presenters can follow-up with you via email. Feel free to submit more questions if you’d like an offline response.

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Page 35: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

Sales Management Association Webcast

6 April 2016 Presented by

“Re-boarding” the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

© 2016 The Sales Management Association. All rights reserved.

Page 36: Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp

© Copyright 2016 The Sales Management Association

Thank You.