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Chief
Executives have been routinely lambasted in the media and
on the lips of many of their employees and investors since
the economy has slowed. A recent study points-out employee
confidence in executive management is approaching an all time
low. Although many CEO s are distracted, dishonest or incompetent
and over use soft economy and demand as the culprit to justify
lower performance (and in addition exhibit a failure to take
personal responsibility).
A much greater problem in corporate
America today is sales person attitude.
During the last 5-7 years the sales function has experienced
tremendous turbulence. Starting the 1993, organizations like
Siebel Systems grew exponentially; (from 0 to 1 billion dollars
in 7 years) building out customer relationship management
systems to handle the growth in business, sales people were
'managing'. By 1998, sales professionals were booking business
at record pace,in the U.S. Over-night geniuses were spawned,
from New York to San Francisco. Compensation packages including
(paper) million dollar stock options were common. Attraction
and retention of these stars (anyone with a 'half deceit track
record) was one of the most important strategies upper level
sales executives death with daily. Selling and closing deals
were reduced to 'taking orders'. Forecasts often were over
-achieved by 100's of percent.
This gold rush attracted hordes of individuals
determined to get rich in sales.
The quality of "sales person ship' began to deteriorate.
Prospects drew wary of the plethora of 'used car' sales people
who were directed towards their deep spending pockets. In
late 1998, 1999 and early 2000; sales people were paid handsomely
to just show-up. If they possessed a pedigree (work history,
of stellar firms, perhaps start-ups) firms [specifically dot-coms,
telecom and a myriad of 'hot investment'- V.C. ventures] offered
6 figure sign -on bonuses hoping these professionals could
assist them to attract additional investment capital. A small
percentage of these people made out 'big-time', many others
toiled for several months or a year or two living on the sign-on
bonus and hope.
.
All along their sales 'muscles' atrophy
from lack of use. Much more troubling, the culture
for many sales people and corporations reflecting the stock
market (1999-2000), make money with out producing (revenues)
positive results.
Success was defined by the package one
could negotiate rather than the revenue or sales they produced.
Late 2000, corporate profits and 'real'
sales revenues are required. Corporations reponded
quickly, reducing capital intensive projects and increasing
employee layoffs to reduce costs. The sales process extends,
stalls or is terminated. Sales people are in panic mode.
Many sales professionals are out of work, almost immediately.
It is difficult for companies to build revenue without a robust
sales effort. Organizations are strategizing on lowering costs
rather than building revenues, pipelines or market share.
Most companies are in retreat or hiding
out waiting for miracles.
The organizations that are seizing the opportunity to build
market share and are hiring people, believe 'killer Joe or
killer Joan" are out of work and they can hire them easily.
The best and brightest are rarely out
of work.
Forecasts are missed, complaining and excuses are on the increase.
Many of the sales peoples still employed are ineffective.
Most
are not worthy of the title, Sales Professional. Reality:
they are distracted, incompetent (lazy equals dishonest) and
over use soft economy and demand to justify poor performance.
A high percentage of sales professionals,
through out the chain of command from the Chief Executive
down through the Vice President of Sales to 'feet on the street'
are not working towards finding and creating more business.
The current media coverage of corporate wrong doings, poor
stock market and high unemployment provides additional excuses
and distractions and has impacted client's attitutes. The
sales professionals who are selling are implementing additional
creativity, improved skills and focus. These professionals
are not caught up in the
vicious cycle: frustration breeds less effort, less effort
creates frustration. They understand their prospects needs
and are selling to solve their problems. They are affective
at uncovering the hidden objections because they have studied
their prospects. 'Real' sales professionals
don't complain they sell.
The recruiting and employment industry has an opportunity
and a responsibility to impact sales revenues and profitability
for our clients and candidates. This requires several bold
moves.
Do not represent imposters: people
who can not or will not sell. Do not work with sales organization
executives who can not demonstrate they have an appropriate
plan of action to empower the 'real' sales reps you present.
Place 'killer Joe or killer Joan" where they can flourish.
Contact and coach the sales people with whom you have a business
relationship and motivate them to Sell! Sell! Sell!
Learn to build desire
in your prospects and 'share forward' this knowledge. Recruiter.com
and Recruiter Magazine On-line are committed to passing
on our (the best and the brightest recruiters) knowledge of
sales and specifically how to build desire.The Recruiter Week
newsletter will drill down on this topic in September.
Recruiter.com and Recruiter Magazine
On-line are determined to improve sales revenues and
profits for all companies in the economy. Every day additional
sales can be completed. Increased focus
and improved skill make the difference.
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