Upload
ninemileco
View
213
Download
0
Embed Size (px)
Citation preview
7/30/2019 The Power of a High Performing Sales Team
1/4
7/30/2019 The Power of a High Performing Sales Team
2/4
1 | P a g e
ne Mile Management Consulting Group Novembe
The Power of a High-Performing Sales Team
Sales Process Management & Workflow
The core of any organizational structure is held togetherby the cultural glue and shared values that help steer
corporate actions in the direction of a commoninitiative, also known as the vision of the company.Sales is a subset of the set of corporate activities thatmake up a company, but serves as the primary revenuedriver.
Most companies today still misunderstand the keydriving forces, defining attributes, and technologicalrequirements that catalyze sales activity. We've drawnupon case studies, personal consultative experience, andtheoretical models with the intent of helping existing,and prospective clients grow sales, optimize sales-related internal processes, and effectively recruit salestalent. Nine Mile Management Consultants examineeach phase of the sales chain from sales talentacquisition to client retention, and provide fiduciary,human resources, IT, and re-engineering sub-activityrecommendations to help your company cut costs,streamline internal processes, and save time.
Sales Talent Acquisition
Talent acquisition in the financial sector, engineeringsector, and other such technical fields rely heavily uponspecific HR ranking systems that score candidates based
on a combination of work-related experience, as well asacademic credentials.
Sales talent acquisition, however, possesses nostandardized selection regime. Instead, candidates areoften selected haphazardly based on positively perceivedbehaviors, physical appearance, and other such biases.Since a sales group relies heavily on the art of persuasionand positive-manipulation, measuring such abilities inpotential candidates can be noisy with no standardizedor streamlined approach.
However, recent advances in the development, andexecution of HR qualitative measurement paradigmshave contributed to advances in identifying andrecruiting top sales people. The approach has evolvedfrom building a simple heuristic candidate profile toidentifying key psychological, performance, andgoodness of fit into corporate culture-based metrics thathelp companies build sales teams in an unbiased andeffective way.
This paper is too brief to cover the scientific details, butit will allow you to understand how Nine MileManagement Consulting designs, develops, andexecutes HR strategies that focus on selecting and
building sales teams that deliver quantifiable results foryour company.
The following figure outlines the Sales Talent AcquisitionProcess:
Figure 1: Sales Talent Acquisition
*In-person or online test construction uses built-in questions tomeasure psychological conditioning and in-field performancepotential.*In-person interview activities further measure psychologicalconditioning and in-field performance potential.We use current cutting-edge HR methodologies to ensure thatyoure hiring top sales talent.
Sales Process Management
Sales Process Management is concerned with managingthe flow, distribution, and optimization of sales-relatedactivities. By partitioning each function, andindividually diagnosing value chain problems,institutions can strip away non-optimal activities andcreate productive pathways that produce organizational
value from both macro and micro perspectives.
Though intuitively quantitative in nature, sales processmanagement is connected to productivity and other sub-activities in a very qualitative way, from establishing
customer satisfaction metrics to determining workerhappiness measurements. At Nine Mile ManagementConsulting we develop and execute strategies that aretechnically and culturally focused, ensuring that yourcompany delivers results that meet the needs of both
your clients and workforce.
Advertisement Construction
Phone Interview Questions
In-Person/Online Test Construction
In-Person InterviewTopS
ales
Talent
7/30/2019 The Power of a High Performing Sales Team
3/4
2 | P a g e
ne Mile Management Consulting Group Novembe
Some of our specializations include:
Sales Pipeline Management:We can help you manage, and optimize the followingphases: Lead Generation, Initial Communication, Fact
Finding, Solution Development, Solution Proposal,Solution Evaluation, Negotiation, Purchase Orders, and
Account Maintenance.
Figure 1: Sales Opportunity Pipeline
Client Retention Strategies:How to retain clients and mitigate attrition.
CRM & ERP Management Solutions:Centralization of sales workflow for streamlinedquantitative and qualitative results.
Sales Opportunity Management:
Understanding how marketing, sales-support, and salesinteract with one another to form a cohesive unit.Streamlining and creating a balance between each sub-activity.
Sales Cycle Management:Full understanding of the sales cycle through know yourcustomer(KYC).
Figure 2: Sales Cycle
Sales Associate & Management Training:Peak sales performance development.
Remuneration & Incentive Plan Construction:To keep top performers performing at peak levels, anappropriate compensation plan needs to be in place.
Corporate Culture Design & Management:Current strategies that will allow you to work on yourbusiness, and not in your business.
Lead Generation:Get the edge and learn how to use inbound as well ascurrent direct-marketing, and referral techniques toimprove prospect numbers. How to turn those leadsinto viable long-term clients. In other words, we'll help
you improve your retention numbers, and streamline allaspects of your sales chain.
Quantify Opportunity
Access Levels & Details of Pain
Points
Build Awareness & Interest
Sales inquiries stored in
centralized ERP/CRM System
Telesales/
Telemarketing
Direct
InternetTradeshows
Webinars
Advertising
Clients/Word-of-
mouth
Sales
Pipeline
Marketing
SalesSupport
Sales
Sales
Training &
Development TeamMeetings
Communic-
ations
Finance &
Operations
Marketing
CRM
Product
Management
Territory &
Acct Plans
Closing Sales
7/30/2019 The Power of a High Performing Sales Team
4/4
3 | P a g e
ne Mile Management Consulting Group Novembe
Our Consultants have a range of expertise in: Financial Performance Analysis Cash Flow Management Process Efficiencies Cost-Cutting Initiatives Sales Optimization & Growth
Internal Process Re-Engineering Solutions CRM & ERP Technologies
Visit www.ninemileco.com for further informationabout our services.