Upload
peter-gilbert
View
4
Download
1
Embed Size (px)
DESCRIPTION
The type of person that you select as a salesperson is determined, not by your need to sell your product, but by the the type of buyer you are dealing with. Hiring the correct salespeople will determine your success.
Citation preview
Creating a Sales Force That Can Really Sell
2
Chally’s Position in the Marketplace
“Chally provides the only quantitative sales benchmarks, assessment tools, and metrics for managing the “people” part of the 3 key pillars of business: Strategy, People, and Process”
Leonard W. Frey III, IBM, Global Business Services, Principal, Service-Line Leader, Sales Strategy and Transformation
“Chally is like the GPS to Sales Success” Gerhard Gschwandtner, Publisher of Selling Power
“Chally is the proven comprehensive source of sales position assessment and sales research”
"AJ" Gandhi, Managing Director, Sales Executive Council
3
Research Methods: 14 years
Identified 14 distinct salesperson profiles by the
unique set of competencies for each
Identified top and bottom salespeople
Statistically identified the 7 salesperson deliverables
customers demanded“Achieve Sales Excellence”
Customers identified 21 world class sales forces
Benchmarked the best for processes and criteria
7 critical best practices & critical success metrics
80,000 Customers interviewed
210,000 Salespeople rated on 15 criteria
PLUS: • How much each customer
bought from each over 3 years
• Data on 7,300 sales forces
Assessed and tracked performance of over a
quarter million salespeople
Statistically identified assessment items that
accurately predicted each competency in each
position profile
4
How The World Class Standards Have Evolved
What's new in 2007:• Customer driven culture is entrenched and reinforced at all levels with a
significant emphasis on hiring the right people• On-boarding focuses on values and “the customer experience” to set the
stage for training• Ongoing training requirements (at least 40 hours/year)• Individual development plans are an integral part of the performance
management process for each employee• Sales processes are significantly more uniform across locations even in
decentralized organizations• Databases consolidate customer activity • Sales support goes beyond cell phones, pagers, and PDA’s to include
proposal and collateral templates, etc., to make follow-up more efficient
The Best Practices of World Class Sales
1. Creating a “Customer-Driven Culture”
2. Recruiting & Selecting (the Right Sales Talent)
3. Training (the Right Skills)
4. Specializing by Market Segment
5. Implementing formal sales processes (NEW)
6. Developing enabling information technology– Customers first– Sales force second– Management last
7. Integrating other “silos” (S & M & O) (NEW)
The Bottom Line
It’s all about the sales force – Period!
7
Why Customers Choose a Supplier• Customers ratings were correlated with their
actual buying decisions to determine how heavily each of the four main predictors of a successful sale actually affected their decision
– Four categories made up the total 100%
1. Price
2. Quality
3. Salesperson Effectiveness
4. Providing a Total Solution
Percentage of the Salesperson’s Impact on Which Supplier the
Customer Will Select
Salesperson Effectiveness
39%
Hiring success rates aren’t much betterthan a coin toss*
Selection Method Improvement Over “Chance” Typical Interview 1% increase Personality Tests 1% increase Experience 5% increase Scorable Interview 7% increase
* “International Personnel Management Association, Feb. 1999”
Proven accuracy of Chally assessment 25% to 30% better than chance
Selection Accuracy
“Success Can Be Predicted”
“Success Can Be Predicted”
30-30-30-10 Rule
Hiring decisions should be based on:
30% Structured Scorable Interview
30% Reference and Background Checks
30% Chally Assessment Results
10% “Gut Feel” and Personal Chemistry
Identifying Predictive Skills
• Salespeople that consistently succeed in every situation rarely exist
• Sales is a profession that requires the right skills to succeed based on the position’s role and responsibilities
“Success Can Be Predicted”
“Success Can Be Predicted”
Profile Accuracy
Assessment
• Everyone answers the same 288 questions – a controlled environment is not required
• Measures the candidate/employee potential on-the-job behaviours
• Measures the candidate/employee most distinctive (or driving) motivations and work habits
Built-in validity scales measure candidate’s candour/honesty in taking the assessment
Captures candidate information
Sample Manager Survey Report
Bottom-Line Recommendation Recommended Recommended if concerns
addressed can be resolved Not recommended
Describes the candidate’s candor in
responding to questions
The Position Job Skills
Sample Interview Guide
ITEC CONNECTSolution Sales Executive
The method to conduct effective interviews:
– The relevant questions to ask for each position and each predictive skill
– A guide to score answers
Sample Interview Guide
Cone questions and suggestions on what to
look for in the candidate’s response are provided
for each skill
The evaluation form includes a table for rating the candidate
Sample Interview Guide
What Kind of Results Can You Expect?
Once you have installed a rigorous and disciplined hiring process including: structured scorable interview, effective reference checks and Chally’s predictive assessment:-
• A 30% or better decrease in sales force turnover in year 1
• A 20-40% increase in average sales per salesperson per year