Reboarding the Sales Force: Leveraging Onboarding Principles to Keep Seasoned Salespeople Sharp
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Transcript of 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
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
© 2016 The Sales Management Association. All rights reserved.
Today’s Speaker
Slide 3
© 2016 The Sales Management Association. All rights reserved.
Twitter @Qstream @SMAssociation Hashtag #salesreboarding
The best ideas should be shared
© 2016 The Sales Management Association. All rights reserved.
Poll: Revenue growth forecast
What is your sales growth forecast for this year?
• < 5% • 5%-15% • 15%-30% • > 30%
© 2016 The Sales Management Association. All rights reserved.
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
© 2016 The Sales Management Association. All rights reserved.
A word about turnover
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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)!
Happy, productive reps stick around
© 2016 The Sales Management Association. All rights reserved.
And get up to speed 34% faster
When is it OK stop?
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Continuous ‘re-boarding’
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The bottom line
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Top performers are proficient in all aspects of their job
One-third of reps are not all that…
But which ones are they?
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What can CRM tell us, really?
Competency vs. Productivity
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What does good look like?
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Chat: The ideal salesperson
Describe in a few words the qualities/behaviors of the ideal sales rep?
© 2016 The Sales Management Association. All rights reserved.
The sales talent lifecycle
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Onboarding effectiveness
Identifying Onboarding Capability Gaps Sales Management Association February 2015
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Measure what reps do
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Measure what reps produce
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Measure what reps know
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Measure over time
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Now tie that all together
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Mind the gaps
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Data-driven coaching tools
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Data-driven coaching insights
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Data-driven coaching templates
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Guided selling tools
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Validate your hiring profile
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Important reboarding considerations
Time
Convenience
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Insights
Motivation
Three success metrics
Sales Representatives
SALES CAPABILITIES!
Sales Managers
COACHING EFFECTIVENESS!
Senior Sales Management
PERFORMANCE ANALYTICS!
© 2016 The Sales Management Association. All rights reserved.
Results
30% 3% 12% Quota
attainmentGross profit Sales turnover
© 2016 The Sales Management Association. All rights reserved.
Questions and Discussion
Slide 34
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.
© 2016 The Sales Management Association. All rights reserved.
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.
© Copyright 2016 The Sales Management Association
Thank You.