Standard metrics and KPI's (Key Performance Indicators) are created usually between The Sales Director Cheap Jeremy Lin Jersey , The Financial Director and The Managing Director. These KPI's tell the sales teams what they should be doing. For example, 'Your pipeline should be at least three times of your annual sales target'; 'Your conversion ratio of opportunities to closed orders should be 60%', and so on. Nothing like a bit of statistical analysis from the bean counters to motivate the sales team is there? Remember that old saying?'You can prove anything with statistics'. Here, we see it applied for real Cheap D'Angelo Russell Jersey , albeit on an unconscious level.
In some extreme cases these so called sales processes and form filling exercises have to be followed, otherwise the sales teams' commissions will be withheld! This is usually dressed as a 'best practice', whereas the reality is that the sales team is being treated like a spoilt child. No explanation is given as to how the information will be used and of what value this will be to the sales team or, indeed Cheap Brooklyn Nets Hats , how it is supposed to help the sales team close more sales which after all is their ultimate function. This is a simple threat that is applied to the sales team in an effort to force them to follow internal processes. This type of behaviour is not only destructive, unprofessional but it is also extremely de-motivating and more often results in reduced sales productivity rather than more productivity. However without lambasting Finance and Administration too much do have a role to play here, but should they be defining the sales processes? So long as their requirements are realistic and without the analysisparalysis syndrome, they will actually complement the sales process and the result will be positive.
More to the point were sales teams ever consulted when the company decided to invest in the implementation of the CRM or asked about their requirements? For the vast majority they were never consulted or Cheap Brooklyn Nets Hoodies , if they were, only in a superficial way. Salespeople are viewed as disposable commodities in the race to increase the companies share price. So this cycle of procedural development continues and not surprisingly becomes regarded as 'the way things are done here'.
Then some very strange things happen. New forms and documentation are circulated to the sales team and they are forced to complete them. The sales team become ever more suspicious of why all of this 'inappropriate' information is needed and begin to lose trust in the company. Now the fun starts - marketing discovers that they can't use any of the information because it is incomplete and start issuing their own set of requirements - yet more forms and documentation for the sales teams to complete. And so the cycle continues to a point where the CRM application becomes viewed as a hindrance and not a valuable sales tool. Sales management will also find it increasingly difficult to get the sales team to provide the information about the status of their opportunities. Typically, sales people will come up with a standard reply angrily such as 'I'm supposed to be out there selling, not doing admin!'
Unfortunately this is an all too common incident in corporate sales these days and one that you might recognise. On one hand you have the senior executives who made the CRM buying decision and are determined to see some tangible return from their considerable investment. On the other hand Cheap Brooklyn Nets Shirts , you have the sales and marketing teams believing that 'big brother' is now watching their every move so that the information can be used to criticise them and possibly even get them fired - a recipe for reducing productivity rather than adding value. Furthermore, only very rarely does any review process exist. As the requirements of the company evolve, there is no means of accommodating these changes in the CRM application and even when sales suggest a better way of doing things they are told that the you can't do it with the CRM system. What you end up with is a company that runs for the benefit of the internal sales processes as opposed to addressing the needs of the customers and the employees. In addition, the company and its employees forget why certain sales processes even exist and Cheap Brooklyn Nets Jerseys , worse still, nobody questions why.
Trusting Your Sales Team
Processes are important, but they must add value to both the sales teams and the company. If we get down to basics, why do we need all of these sales processes anyway? Quite simply Cheap Allen Crabbe Shirt , to generate a sales forecast and hence, to accurately predict the revenues in any given period. In reality this is actually not that hard to achieve.
The key to it is TRUST YOUR SALES TEAM.
Now consider the Sales and Sales Management team. They have been recruited, trained and developed at enormous expense to the company (check it out and add up all the money that has been spent to develop these people) - perhaps they even represent the single largest overhead for your company. Your have hired these people because they know how to do the job. Shouldn't they be allowed to do it and remove all of the obstacles to productivity? They are the vehicle for the company's products and services and the means of communicating the 'go to market' strategy. These are skilled executives whose income potential is in the top 5% of the company and they are surely by definition, trustworthy!
So why do companies insist on imposing such pointless processes on their sales teams? If anyone knows about sales processes surely it must be the sales teams themselves. Companies also need accurate sales forecasts. This is a sales management task. Focus on these processes to establish the probability of the revenue opportunity rather than just getting sales teams to input information that Cheap Jarrett Allen Shirt , in some cases, may never even be used. By ensuring that the sales team has the responsibility and accountability for sales forecasting and setting their own obDisney auditions ar. Cheap Jerseys Online Cheap Authentic Jerseys Cheap Jerseys China Free Shipping Cheap Throwback Jerseys Cheap NFL Jerseys Cheap Custom NFL Jerseys Cheap NFL Jerseys Free Shipping Cheap Authentic NFL Jerseys Cheap Soccer Hoodies China Cheap Hockey Shirts