Monday, August 24, 2009
It was like a great movie!
Kathy Giddings of Assurity said, "The EcSELL Institute Sales Management Summit was like a great movie or book that when over, you didn't want it to end!"
Paraphrasing a comment from Doug Hamm, also from Assurity, he sent the following message to his boss, " ...not sure what you paid for us to be members of the EcSELL Institute, but whatever the investment was, it is worth it. Thanks for investing in my future."
Thanks Kathy and Doug for your warm support!
Learn more about the EcSELL Institute and how being part of a family of sales managers can impact you personally and professionally. www.ecsellinstitute.com or call 402 261-6948.
Wednesday, August 19, 2009
I received a message from one of our instructor's assistant who informed me that Kimberly Rath of Talent Plus has had conversations/meeting set with all but one company who attended the EcSELL Institute Sales Management Summit. Kimberly certainly didn't waste any time, nor perhaps did you. Those will certainly be win/win conversations.
All attendees committed a great many resources to be at the lovely St. Regis Hotel in San Francisco, so here is my question to you all..."What are you doing differently today?" You know the old line - if you always do what you've always done, you will always get what you've always gotten.
At a high level, there are two basic ingredients to growth:
1. Information
2. Implementation of information
EcSELL Institute is committed to bringing you information specific to sales management. It is your job as a sales executive to implement.
That said, please join us for our next 6 Pillars Of Productivity webinar on August 26 at 10:00am PST / 12:00noon CENTRAL/ 1:00 pm EST. We will be sharing break through information on how the selling brain works. Managers who understand this will have a significant advantage and be better equipped to build a motivated, satisfied sales team who consistently exceed their goals. Stop managing blind and start managing with insight! To learn more and register online, click on this link: http://www.ecsellinstitute.com/webinars/aug2609_webinar.html
Monday, August 10, 2009
First Five Favorite Quotes from the EcSELL Institute Sales Managment Summit
"Sell people their dreams, not your products." Dr. Lowell Catlett
" Never stop celebrating the success of your sales people." Kimberly Rath, Talent Plus
"You need to always remember who we are working for (sales managers work for their reps)" Dr. J.P. Pawliw-Fry, Institute for Health and Human Potential
"Leadership is a behavior, not a formal role." Kimberly Rath, Talent Plus
"The essence of industrialization is the division of labor. Why not apply this thinking to how we structure a sales team?" Justin Roff-Marsh, Ballistix
Learn more about EcSELL Institute's 6 Pillars of Productivity. Those that maintain a diligent focus on the 6 Pillars plus an ongoing, professional development program around management and leadership skills will be able to make the necessary adjustment to optimize the productivity of the sales department by creating a highly motivated sales team who regularly exceed their goals.
Wednesday, August 5, 2009
When you stop the pursuit of learning, you have turned off your career
The message, as pointed out by those who attended the Summit, was pretty clear - put an emphasis on the selection and development of your talent. If you study the science, most sales managers list the identification and selection of talent as the most critical Pillar that drives sales productivity, so it would make sense many of our instructors emphasized that need.
How could one listen to Kimberly Rath, of Talent Plus, and not implement the most cutting edge selection and development programs? How could one listen to Dr. Lowell Catlett and not get excited about what our future holds. Regardless of what your sell, how could you listen to Justin Roff-Marsh of Ballistix and not put in a process that creates more selling time for your reps? Dr. Mary Uhl-Bien, Director of the Global Leadership Institute, helped us understand the changing nature of leadership and the need to change the way we view and develop it. Dr. Pawliw-Fry, of the Institute for Health and Human Potential, made it infinitely clear our need to hire and develop emotional intelligence in all our associates. We will wait and see what happens, but EcSELL members are now loaded with enough fact-based information and best practices to begin the journey of maximizing productivity.
Events like this, whey you ask more than you tell, are very therapeutic. I love it when I am made to think more about asking good questions versus finding good answers. And, this only occurs when surrounded by bright people.
Shortly after the Sales Management Summit I was asked what I liked best, and I couldn't respond intelligently. Now I can - evening dinners, Monday and Tuesday night with our members and instructors. To get in the smaller, more intimate settings provided amazing, consequential conversations. Thanks to everyone who didn't let the learning end at 5:00pm!
We learned from some exceptional minds the past few days and I'm still soaking in the information and experiences. One of the most poignant quotes was from an EcSELL Institute member, Ken Eiken, Sr. VP Sales from Universal Weather and Aviation. While referring those who don't pursue a journey of continuing education he stated, " when you stop the pursuit of learning, you have turned off your career." Ken summarized in one sentence what the EcSELL Institute is all about - professional development for sales managers.
We thank everyone who attended and hope to see you back in March 2010!
As always, my door is open. Email me anytime at beckstrom@ecsellinstitute.com
Thursday, July 30, 2009
Communicating Difficult Information
Turning Bad News Into Good Vibes - New Siegel Gale Simplicity Survey Finds Organizations Can Strengthen Customer Relationships in Times of Crisis
This study examined letters sent to customers by mail telling them about changes to their credit. The letter which was discovered to be the best overall and the most "informative, balanced, direct, and made[readers] feel most loyal to the company" was one that was sent to mortgage customers explaining the bank's new policies. The letter's key features were:
1) Explicitly stated its commitment to transparency; and
2) Contained easy-to-understand descriptions.
Other letters had positive features including truthfulness and respect. According to Siegel+Gale's Global Director and Practice Leader of Simplified Communications, Lee Rafkin there exists a "Strong correlation between clarity, comprehensive explanations, and respect on
the one hand, and trust, engagement, and loyalty on the other" in these types of written communication.
Applied to delivering bad news to your customers, peers, salespeople, etc... do the same principles of Clarity, Truthfulness, Respect, and Relevance apply?
Wednesday, July 29, 2009
Summit a Success!
The people who attended the Summit are an amazing group of sales managers. Their commitment to professional development is comendable.
Liveblog: How to Grow Sales in a Shrinking Economy, Justin Roff-Marsh
Justin Roff-Marsh is an author and prolific blogger at http://www.salesprocessengineering.com. Roff-Marsh is an expert in the Theory of Constraints, the process-engineering methodology that underpins Ballistix's contrarian approach to the sales process.
Roff-Marsh asserts that if an organization meets the two following criteria...
1) The organization has unutilized production capacity
2) Market share less than 20%
...then, the following two conclusions fall out:
1) The organization has growth potential; and,
2) The constraint to growth is sales (not production)
"There is a potential for productivity improvement in sales. The modern salesperson is currently an artisan, operating in a craft-shop environment."
"Standardization, centralized scheduling and a format management regime are prerequisites of division of labor."
"In a knowledge-based environment, we have invisible work-in-process."
Roff-Marsh posits that specialization results in 10x the 'effective capacity" of sales:
Center: Business development meetings go from 2/week to 4/day
Periphery
- Promotions
- Administration and clerical
- Customer service and fulfillment (engineering)
Tuesday, July 28, 2009
(Talent + Fit) x Investment = Growth
Reading Recommendations
- Patrick Lencioni, "The Five Temptations of a CEO," "The Four Obsessions of an Extraordinary Executive," "The Five Dysfunctions of a Team" and others
- Jim Collins, "Good to Great"
- Ricardo Semler, "Maverick" and "Managing Without Managers"
- Harvard Business Review, "The Musings of Management" and "Who's Got The Monkey?"
Liveblog: Leading for Innovation, Learning and Adaptability in Sales, Mary Uhl-Bien
"There is a sea change going on in leadership, involving a shift from a hierarchical way of thinking to a connectionist, networked view."
Connectionist buzzwords:
- Collaboration
- Innovation
- Integration
- Connectivity
- Adaptive Work
- Distributed Leadership
This doesn't work in the Knowledge Era (Network Age), because attempts to create "integrated" organizations actually results in more localism, and greater pushback.
"In the 1990s, when reorganizations happened en masse, there was a changing psychological contract between organizations and employees."
Organizational silos are an Industrial Age artifact. A representative of a major government contractor noted to Uhl-Bien "I wish that we could have a supply chain that goes across 'production' and 'sustainability.'" Right now, the two functions are in unconnected silos.
Historically, the "heroic" leader was connected to the idea of managerial leadership, where the leader was a "lone ranger, isolated from those being led and who often commanded his/her organization primaily through the use of top-down directives."
In the Knowledge Era, leadership is a behavior, not a role.
Question from the room: "Sarbanes-Oxley is forcing silo'd behavior...how do we get around it?"
A: "We need adaptive solutions that come from the people in the organization, not from the top. When we drive bureaucracy, we drive silos. We want to take a different approach and drive this from inside the organization."
There are two kinds of power: "positional" power and "personal' power." Millenials don't care for positional power, and prefer personal power.
Liveblog: The ROI of Recruiting and Retaining Top Sales Talent, Kimberly Rath
Rath asserts that:
(Talent + Fit) x Investment = Growth
- Talent means "Talent/Potential"
- Fit means "Culture, Schedule, Compensation, Skills, Education"
- Investment means "Relationship, Training, Mentoring"
"Recruiting is like shaving...if you don't do it every day, it gets a little rough, and a little shaggy."
"We are a company of 120 people. We had 1,500 applicants last year."
Rath also led the group in a very eloquent conversation of the judgements and labels we put on candidates based on our initial impressions. Bill Eckstrom was a great sport, and allowed himself to be "labeled" by the group. Literally.
Rath counseled that an organization needs to hire "as-is" - as fundamental change of an individual is unlikely.
Over thousands of interviews, the attributes that Talent Plus has seen that drive success are the following nine (values, competition, focus, discipline, customer relationship, empathy, positivity, persuasion, enterpriser), in the following five categories:
Successful sales people need to have 2 of the following 3, according to Rath: Enterpriser, Persuasion, Competition. ("After Sept. 11," Rath noted, "the two key attributes were Positivity and Persuasion.")
Drives and Values
Values
Competition
Work Style
Focus
Discipline
People Acumen
Customer Relationship
Empathy
Positivity
Influence
Persuasion
Thought Process
Enterpriser
"We can predict failure -- e.g. 'this person won't make it' -- better than we can predict success."
"The behaviors you hire in, they define your culture."
Opening Keynote: Dr. Lowell Catlett
Lowell recently received the College of Agriculture and Home Economics Advisor of the Year as well as Teacher of the Year at New Mexico State University.
He is a consultant to the U.S. Departments of Agriculture, the Interior, Defense and Labor. He has also been a consultant to many Fortune 500 companies.
A stellar keynote presentation by Dr. Catlett, which was anchored by a discussion of Maslow's Hierarchy of Needs. At it's basis, Maslow's hierarchy is:
Self-Actualization
Esteem
Love/Belonging
Safety
Physiological Needs
The basic needs (physiological) are at the base of the pyramid, and the highest level (self-actualization) is the pinnacle.
Catlett made a number of key points, and the recurring theme was "don't sell products and services...sell people their dreams." In other words, just connecting with the "basic" needs doesn't cut it. One needs to be connecting at the top of the pyramid, not at the bottom. (A great example was an anecdote he shared about a hospital in his town. The hospital CEO communicated with Catlett at a level that connected at the highest level - "if you ever come here, you can bring your dog," and not at the basic level of, for example, price.)
There was also a lively discussion of the differences in communication across generations with respect to sales. The "Y generation," according to Catlett, is the first generation to not be defined by their music. The Y generation, he contends, does not define itself by rock, or punk, or hip-hop. Instead, their iPods contain all of those (as well as Frank Sinatra and myriad other genres).
A key change that spurred a rich conversation was the advent of mobile and wireless devices, and that new conversational modes such as texting were adding to (and not always necessarily supplanting) traditional modes such as face-to-face meetings. (One participant shared that one of his children sent and received over six thousand text messages a month.) This move toward constant, real-time communication was acknowledged as a key sea-change that the profession was going to need to understand, and address.
Catlett also noted that the Y generation has a different set of values than their predecessors, noting that 38% of students who went on Spring Break last year went on a philanthropic (vs. hedonistic) spring break.
So the question -- what changes are you seeing with respecting to changing communication modes and mores with respect to your customers and teams?
Monday, July 27, 2009
Registration Desk at the Summit is Open
Thursday, July 23, 2009
Research & Publications is ready for the Summit
Wednesday, July 15, 2009
Read live blogs during the Summit!
To learn more about the instructors, agenda, etc. check out www.ecsellinstitute.com/summit09
Wednesday, July 8, 2009
EcSELL Institute Summit Has An Amazing Line Up Of Instructors
Dr. Lowell Catlett, expert futurist and forecaster of economic trends will help sales managers prepare for success by helping them understand the five economic trends that will drive sales organization growth over the next ten years.
Dr. J.P. Pawliw-Fry, President of the Institute for Health and Human Potential will teach attendees how to harness the power of emotional intelligence and develop this productive trait within the entire sales team.
Kimberly Rath, President of Talent Plus, will show partipants how to maximize a sales team's performance by leveraging the difference between selection & hiring and talent & training.
Dr. Mary Uhl-Bien, Director of the Global Leadership Institute and Howard Hawks Chair in Business Ethics and Leadership, will demonstrate how to apply 21st century leadership theories to improve sales productivity, innovation, learning, and adaptablity.
Justin Roff-Marsh, President of Ballistix, will demonstrate how to exploit the enormous amount of underutilized capacity in most sales environment to make incremental gains in market share.
The EcSELL Institute Summit will provide unparalleled opportunity to focus on the topics and activities that make the biggest impact on sales management. To learn more and register, go to www.ecsellinstitute.com/summit09
There still is time to register!
Monday, July 6, 2009
Register for the Sales Management Summit!
This year's conference is focused on the six key drivers of sales productivity. Instructors will share information, strategies and solutions around talent identification and acquistions, leadership approaches that work, emotional intelligence, sales methodology, planning around five key economic drivers that impact sales, how to re-engineer the sales process and more.
If you are interested, a first time attendee, and not a member of the EcSELL Institute, call the EcSELL Institute marketing team to learn about a first time attendee special offer. kshoemaker@ecsellinstitute.com
EcSELL Institute Sales Management Summit
July 28-29, 2009
St. Regis Hotel
San Francisco, CA