sales simulations for high performers learnshare conference, atlanta 9/14/06 mary slaughter director...
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Sales Simulations for High PerformersSales Simulations for High PerformersLearnShare Conference, Atlanta 9/14/06LearnShare Conference, Atlanta 9/14/06
Mary SlaughterDirector – Global Sales Training
770-750-2305 [email protected]
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Why A Simulation?Why A Simulation?
Business DriversBusiness Drivers
Grow Revenue• Executive alignment• Increased focus on business development
Retain Top Performers• Intensive individualized coaching and
self-reflection• Challenge the status quo
Enable Faster Behavioral Change• Replicate best practices• Encourage reasonable risk-taking• Integrate all professional skills, knowledge and
experience, regardless of the source
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Time Day 1 Day 2 Day 3 Day 4
Morning
Noon Lunch Lunch Lunch Closing Remarks
Afternoon Lunch & Departure
Evening
WarmUp
Performance
Results
Results
Simulation PhasesSimulation Phases
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Simulation PhasesSimulation Phases
Time Day 1 Day 2 Day 3 Day 4
Morning
Noon Lunch Lunch Lunch Closing Remarks
Afternoon Lunch & Departure
Evening
• Solutions SellingSkills Review
• Business SituationIntroduction
• PerformanceExpectations
• Rounds 1 & 2of Sales Calls
• Coaching
• Rounds 3 & 4 of Sales Calls
• Coaching
• Rounds 7 & 8 of Sales Calls
• Coaching
• Rounds 5 & 6 of Sales Calls
• Coaching
• Rounds 9 & 10 of Sales Calls
• Coaching
• Preparation for Next Day
• Preparation for Next Day
• Teams prepareanalysis andrecommendations for competitivepresentations
• Competitive Team Presentations
• Simulation Revealand Debrief
• Participant Impact Discussion
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Development ProcessDevelopment Process
Required ExpertiseRequired Expertise• Simulation Methodology
Development Lead (External)
• Industry, Customers & Competition (External)
• Portfolio & Sales Processes (Internal)
• Learning Strategies & Sales Curriculum (Internal)
TimingTiming• Core “Screenplay”
(6 months)• Company structure,
staff, politics & work processes(3 months)
• Train-the-Trainer & deployment logistics(3 months)
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Delivery ChallengesDelivery Challenges
External External TalentTalent
Strong Strong Executive Executive SupportSupport
Program Program LogisticsLogistics
Skills: Acting, Sales Coaching and Strategic Thinking Acumen: Sales, Industry and BusinessAttributes: Humor, “Tough Love” and Flexibility
Participation: By invitation only(4 days out of field)Target: Top 10%,7+ years in sales, core training completed
Venue: Residential Conference CenterAttendance: 18 maximum (attrition sensitivity)Confidentiality: Tight controls on course materials
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Performance PhasePerformance Phase
• Structure (Ten, two-hour rounds) – Sales Call Planning 75 Minutes– Sales Call 15 Minutes– Coaching 20 Minutes– Break 10 Minutes
• Coaching Focus– Skills used to achieve the results, not the results
themselves– Emphasis: Thinking, Relating & Communicating– Account penetration strategies driving sales call
execution
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Evaluation ResultsEvaluation Results
Level 1 ResultsLevel 1 Results
Overall
4.794.79Inst
ruc
tors
4.43
Org
aniz
atio
n
Co
nte
nt
4.544.57
Job
Ap
plic
atio
n4.84
Results are shown using Likert Scaling
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Evaluation ResultsEvaluation Results
Results are shown using Likert Scaling
Level 2 ResultsLevel 2 ResultsAttribute Pre-
ProgramPost
Program%
Change
Account Management 3.45 4.00 11%Communication Skills 3.40 4.05 13%Customer Needs Assessment 3.45 4.05 12%Business and Competitive Intelligence 3.35 3.95 12%
Financial Acumen 3.20 3.70 10%Networking and Partnerships 3.60 4.10 10%High Performance Work Team 3.60 4.20 12%
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Field Impact (90 Days)Field Impact (90 Days)
• Positive Behavioral Changes– Increased Pre-Call Planning– Improved Questioning and Listening Skills– More Risk Taking– Greater Teamwork– Renewed Customer Focus
• Stronger Value Propositions– 83% improved their value propositions
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Field Impact (90 Days)Field Impact (90 Days)
• Increased Account Penetration– 72% noted improvements
• Up-scope pending opportunities• Greater or new access to executive suite• Increase volume of executive meetings• Business discussions with new departments
• Expanded Sales Funnel 53% increased their sales funnels
New Opportunities = $105M$105M
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Marsh White, Inc.Marsh White, Inc.
Company Profile
New Jersey based consulting organization that provides practical sales & sales management advice, coaching and training to experienced professionals in competitively volatile business environments worldwide. Specialize in business development and custom sales simulations.
Principal
Charles P. Krempa
[email protected]@worldnet.att.net 973.228.5830
Selected Clients
AT&T, Bell Labs, Boeing, Dow Chemical, General Electric, Metropolitan Life Insurance, Lucent Technologies, Novartisand Steelcase.