Building a More Adaptable Sales Force
Compared with other business functions, sales has a tendency to be less adaptable. At many companies, sales process remain the same for long periods of time. Now, as digitization changes the way many customers buy, sales teams need to evolve continuously. Four practices can help with this shift: Anticipate where customers are going, redeploy resources to match customer behavior, shift emphasis from closing sales to helping customers realize value, and embracing agile decision-making.
How to Learn from Your Failures
Sooner or later, everyone fails at something. But does everyone learn from their failures? In fact, the evidence suggests that most people struggle to grow from mistakes and defeats. When researchers Lauren Eskreis-Winkler and Ayelet Fishbach developed the “Facing Failure” game, they wanted to test how well people learn from failure.
The Top 10 Most In-Demand Skills For The Next 10 Years
Want to make yourself indispensable to future employers?
It’s not just technical skills you need to cultivate. As we move into the new industrial revolution and the pace of change continues to accelerate, the skills you need to thrive in the workplace are shifting, as well.
McKinsey Reveals the 14 Biggest Tech Trends Today and How They Can Point You to New Markets
For B2B tech companies, identifying a total addressable market -- and opportunities to expand beyond your current market -- is a key factor in growing your company and attracting investment. A new report from McKinsey on technology trends ranks 14 advanced technologies for relevance across 20 industries, from aerospace to telecommunications
How Can a Leader Make People Like Them, and Should They?
As John Maxwell likes to say, if people can’t get along with you, they won’t go along with you. As a leader, you will not be successful unless the team of people you lead wants you to be. As good as you may be, you can’t do it on your own. So, the answer to the second question in the title is, “yes,” you should do all you can to make people like you.
The 10-Point Strategy for Leading Sales Teams in a Recession
In my newsletter several weeks ago, I hypothesized that we may experience a recession. It is our job as leaders and sales professionals to prepare for such an eventuality. You don’t want to be caught off guard and find yourself in the dangerous place of being reactive. Well, it looks like the likelihood of a recession is a lot higher.
For Better Negotiations, Cut “But” from Your Vocabulary
It’s hard to think of a word that triggers more reactivity and drains more trust from conversation than “but.” Notice how often you hear it (and say it) when you’re negotiating or arguing. Notice how this one word changes the temperature and tone in the moment. To prevent the damage that “but” inflicts, the author offers three hacks: 1) Focus on what’s said before “but,” 2) Replace “but” with curiosity, and 3) Stop before the “but.” Each of these moves requires courage, patience, and practice — and the return on investment is impressive.
Sales Call Planning Should Never Stop
Salespeople make sales calls. It’s so simple as to be second nature and thus easy to overlook. But the best sellers know each sales call is an opportunity. After all, every closed deal starts with an initial call, but that puts the cart before the horse.
How to Measure the Sales Behaviors that Drive Results
New research from ValueSelling and Training Industry, Inc. has uncovered a glaring gap between the most impactful sales behaviors needed to engage with buyers virtually, and what sales leaders measure today. Surprisingly, winning sales behaviors are rarely measured.
Building Trust In Teams and Organizations
The Edelman trust barometer measures levels of trust in governments, businesses, NGOs, and media around the world. Nearly 50% of all respondents viewed government and media as divisive sources in society. Fake news concerns are at an all-time high, fears are on the rise, and businesses must lead in breaking the cycle of distrust.
Can Gratitude Reduce Your Stress at Work?
Expressing gratitude nurtures our relationships, helping us to feel closer to our friends and romantic partners. Some research suggests that grateful people seem to cope better with stress and enjoy superior physical health, perhaps because of those stronger social relationships.
4 Habits of Great Leaders, According to a Self-Made Billionaire
David Rubenstein is fascinated with leadership. The Carlyle Group co-founder interviews CEOs, entrepreneurs, and game changers in his book How to Lead. The interviews include everyone from Indra Nooyi to Jeff Bezos and offer fascinating insights for anyone who aspires to greatness.
10 In-Demand Soft Skills to Supercharge Your Career
When it comes to experience and skill, you may be exactly what a potential employer is looking for. But, if the person interviewing you senses you lack the passion and roll-your-sleeves-up mentality their team thrives on, you’ll likely not get the job offer. That’s because soft skills like grit, excitement, and respect are what make a stellar employee.
Build Trust And Grow Your Business With Unparalleled Customer Service
Customer service is the support you provide your customers before and after they purchase your product or service. Offering timely service that consistently meets customer expectations leads to a positive experience of your brand. It helps you build trust and foster long-term relationships with customers to help grow your business.
The Future of Sales is Connection
The past two years haven’t been easy—they’ve shown that true disruption is forced on businesses, not chosen. While every industry, company, and team has been disrupted in some way, no other aspect of the business world has been more affected by disruption than sales teams. Whether it’s growing customer expectations, labor shortages, digital transformations, or market uncertainty, sales professionals are facing more pressure than ever. But there is a solution: creating a connected sales organization.
How To Be A 'CLOSER': Six Attributes Of Great Sales Professionals
In sales and business, we call the most effective salespeople a “CLOSER.” Sales can be a position that experiences the highest of highs and the lowest of lows. Many people have theories about how the best salesperson outperforms their peers. But I believe that no matter what the salesperson's individual style is, there are attributes all great salespeople share. The good news is that it is possible to develop these characteristics and skills through training, study and hard effort.
Stop Losing Sales to Customer Indecision
For decades, salespeople have been taught that there is only one possible reason for lost sales: that salespeople have failed to defeat the customer’s status quo. Perhaps the customer doesn’t fully appreciate the problem that their solution is designed to solve. Or maybe they don’t yet see enough daylight between their company’s solution and that of the competition. So, salespeople break out their arsenal of tools to prove to the customer the many ways their solutions will help them win. And, when all else fails, they dial up the “FUD” — or, fear, uncertainty, and doubt — to tap into the customer’s fear of missing out.
The Key to Inclusive Leadership
What makes people feel included in organizations? Feel that they are treated fairly and respectfully, are valued and belong? Many things of course, including an organization’s mission, policies, and practices, as well as co-worker behaviors.
How To Get More Confident Speaking Up In Meetings
Group meetings can be intimidating. Lots of people, often at different levels of the organization, are sitting in one place throwing out ideas. Meetings are an opportunity to have an impact on ideas in development, but they are also a place where you can display your ignorance in front of a large group.
Five Best Practices to Lead in Uncertain Times
I know two retail store owners who learned different lessons during the COVID-19 pandemic. The first was caught by surprise. His brick-and-mortar store was already struggling to attract customers, and the quarantine only made things worse. One by one he laid off staff, reduced the hours his store was open, discounted prices, and eventually had to close his doors for good. His lesson? Never open a store again. It’s too hard.

