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The Odd Couple:
Sales & the CEO Peter R. Fillmore,
Founder & CEO, SmartFunnel.com
Webinar May 7, 2014
Copyright © 2014 SmartFunnel.com
Sales & the CEO – a Tale of two Roles
Copyright © 2014 SmartFunnel.com 2
The Odd Couple
What is the average tenure of a VP Sales?
According to Bosworth *
Copyright © 2014 SmartFunnel.com 3
* Michael Bosworth - Author: Solution Selling
T
22 Months 44 Months!
What is the average tenure of a CEO?
Copyright © 2014 SmartFunnel.com 4
Odd Couple
“The things we think, and do not say”
(Jerry Maguire – 1996)
Let’s start with the CEO
Copyright © 2014 SmartFunnel.com 5
Mission – Cost People
(…Gaps)
Mission – CostPeople
(…Gaps)
Mission – CostPeople
(…Gaps)
• CEO Experience – No Sales …or… Sales
• The importance of “Accountability”
CEO style drivers
Copyright © 2014 SmartFunnel.com 6
• For what? • …..Results? ……Actions?
Accountability
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The Limits of Accountability
Copyright © 2014 SmartFunnel.com 8
CEO
Sales Mgr
Sales
“Show me the money!”
“Show me the money!”
“Show me the money!(?)”
Customers
Sales People
Copyright © 2014 SmartFunnel.com 9
Anatomy of a Salesman
Copyright © 2014 SmartFunnel.com 10
Personality + Skills
Motivation + Process
Sales People – 80/20 Rule
Copyright © 2014 SmartFunnel.com 11
JourneymenEagles
Target
Sales Manager Role
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Coach them !! …Design “buyer actions” …as your process
Sales Manager Role
Copyright © 2014 SmartFunnel.com 13
Coach them !! …Guide behaviors
Accountability – better way
Copyright © 2014 SmartFunnel.com 14
CEO
Sales Mgr
Sales
“Show me the money!”
“Help me help you!”
Coaching – Sales Actions to drive Buyer Actions
Customers
• Are you in a new category?• Where are you in the adoption lifecycle?
Market Adoption
Copyright © 2014 SmartFunnel.com 15
New Product, new Category?
Copyright © 2014 SmartFunnel.com 16
The
Chas
m
Bowling AlleyEarly Market
Main StreetTornado !!
With thanks to Geoffrey A Moore - Author: Crossing the Chasm
Buyers & Sales Teams
Copyright © 2014 SmartFunnel.com 17
Buyer Visionary Niche Mkt Majority Laggard
Corporate Motivator
Compet. Advantage
Urgent Pain removal
Infrastructure Do as told
Personal Motivator
Career Firefighter Manage the project
Comfort
Risk Attitude Seek & Manage risk
Select risk Avoid Risk Avoid change
$ Price Attitude
Value-based
CommoditySales =
Prod Mgr
Sales = Niche Bus Dev.
Sales = Just Ship!
Sales = Relationships
With thanks to Geoffrey A Moore - Author: Crossing the Chasm
• Not by % Probability• Not by “Confidence Level”• Not by “Stretch Targets”
• Buyers work on an internal playing field
• Forecast by Buyer Actions – use your sales process,
(aka “Buy Process”)
Forecasting
Copyright © 2014 SmartFunnel.com 18
Blah, Blah
Copyright © 2014 SmartFunnel.com 19
Summary – The end game
I’ve got your back!
Sales Mgmt Sales Team Sales Process Design Coaching individual Actions
CEOMarket/Product Maturity
Forecasting = Customer ActionsAccountability = $ Numbers…
April 2, 2014
Speeding up Sales
May 7, 2014
The Odd Couple:Sales & the CEO
June 4, 2014
Sales Forecasting
Webinars – A Trilogy
Copyright © 2014 SmartFunnel.com 20
Suggestion:
Invite CFO to join you
Thank youThe Odd Couple: Sales & the CEO
May 7, 2014Peter Fillmore
Copyright © 2014 SmartFunnel.com 21