How to Digitalize Your Sales Organization

Companies can reap great benefits from digitalizing their sales organizations—that is, using technology, data, and analytics to improve the sales process. Done well, digitalization increases customer engagement, boosts the skills and performance of salespeople, and supports a more customer-focused business model. But digitalization initiatives are often plagued by slow progress, poor adoption, or low sustained impact. This article discusses why that happens and recommends five actions to increase the odds of success.

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Is Your Empathy Biased?

Is empathy a helpful tool for understanding other people better, or does it simply reflect our biases?

This question has plagued researchers and philosophers for decades. Some have argued that empathy is flawed and problematic (especially in certain situations, like judging people in a court of law or choosing where to donate money).

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How To Improve Your Ability To Effectively Execute

Most people recognize that effective execution is a critical skill and strive to perform it well, but they may a) underestimate how important it is to their career advancement or b) not realize that you can improve on execution without working longer hours. On the first point, bosses place a premium on execution, which we define as the ability to achieve individual goals and objectives.

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5 Critical Elements of a Modern Sales Enablement Platform

Ask people what they think sales enablement is, and you will get multiple, varying answers. They might say it’s anything your company does to help your sales team be effective. They might say it’s tools to help reps sell more. And others say it’s the process of helping sales teams. You can’t blame them for their general answers. Sales enablement is an all-encompassing term that involves many components.

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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.

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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.

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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

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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.

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