The workforce catalyst
Catalyst \'Kat-'l-est\: one that precipitates a process or event: an agent that provokes or speeds significant change or action <his book was the catalyst of
the professional management movement>
September 06 Issue
Volume 6
  Issue 5

    #1
Talent to SELL!
Sales positions require specific TALENTS for top performance.

Selecting the wrong SALES TALENTS
can position your organization to lose as much as 67% of
ANNUAL SALES REVENUES due to mediocre sales performance.

The concept of talent management emerged into the business mindset ten years ago and is gaining momentum rapidly. A recently published Conference Board report defines talent as:

"Any individual or group who have the capability to make a signific
ant difference to the current and future performance of the company."

While this is a broad view of talent, nowhere is the need for top talent more important to an organization’s bottom line than in its SALES PEOPLE. How important? Findings published in McKinsey and Company’s landmark survey, War for Talent 2000, revealed that "high" sales performers generate annual revenues that are 67% higher than "average" sales performers! That alone makes a compelling case for implementing effective talent selection strategies for your sales positions.

Excellent sales skills in areas such as prospecting, qualifying, demonstrating and closing are important in selecting sales talent. So are sales experience and quality references from previous employment. However, if the specific SALES POSITION has not been assessed first for the required priority of personal skills, motivators and behaviors, then choosing the right sales talent will remain a costly guessing game.

Ensure your success in achieving maximum sales revenue by identifying your sales positions’
REQUIRED TALENTS and use them as a guide to find
TOP SALES PERFORMERS.

Those familiar with the sales profession know that the priority of required personal skills can vary greatly, depending on the sales position to be filled. A person who excels in selling low cost commodities over the phone, for example, may not be equally successful in selling high end, exclusive real estate properties face to face. The first sales position may require a personal skills priority of persistence, handling stress and dealing with rejection. The latter sales position may require a personal skills priority of persuading others, people reading, and an empathetic outlook.

What personal skills are most required by your sales positions?

The organization’s rewards and overall culture also have major implications for choosing successful sales people. Rewards will be different. Consider a relatively stable, patient culture focused on selling support services versus a non-structured, highly competitive culture focused on selling new technology and attaining aggressive sales targets. Each will require sales talent that fits with the culture and feels rewarded working in that environment.

What are the motivators inherent in your sales positions?

Your organization’s customer set is another important consideration in selecting successful sales people. Are your customers and prospects consumers, or mainly "C" level executives? Are they detail oriented, or big picture oriented? Your sales people’s behavioral styles need to interact effectively with your customer set. They also need to demonstrate an ability to adapt to different behaviors as required for successful communication in the sales process.

What behavioral characteristics are required for success in your sales positions?

Selecting the right sales talent in each of the above areas is critical to sustaining and accelerating your organization’s success. The first step is to define the unique talents required by YOUR organization’s sales positions. Implementing a methodology for defining those talents, then selecting matching talents in your sales candidates will help you maximize your organization’s sales revenues.

Let us help you discover new tools and processes to enhance your organization’s sales talent management capabilities!


Volume 6
  Issue 5

    #2
What is the #1 most important factor in selecting
TOP SALES PERFORMERS?
This question is asked again and again by organizations eager to hire top performing sales people and volumes have been published on the subject. Recent groundbreaking research by Bill Bonnstetter of Target Training International (TTI) shows that measuring motivators is the key. Specifically, 72% of top performing sales people have utilitarian as their top motivator. Utilitarian is defined as being motivated by a Return on Investment (ROI) in terms of money, time and energy. Measuring motivators of sales candidates can help to ensure that the right selection decision is made over 70% of the time by applying this one assessment!

Back to
Latest Issue...

Businessman standing under a question mark
Are You
Hiring Assets or
Liabilities?

Your employees are the most important factor in your success. How do you know if you’re hiring the best person for the job?

A dollar sign and clock as chess pieces
Are You Maximizing Your ROI (Return On Investments)?

Turnover costs companies billions of dollars each year. How do you turn high turnover into high retention?

Businessmen as puzzle pieces
Can “Science” Be Introduced To The “Art” Of Managing Your Workforce?

Assessments can be used to gather crucial information effectively and efficiently.

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