you found them... now what??

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All sections to appear here You found them, now what?

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Presentation from Sourcecon 2011 NYC, presented by Adam Lawrence

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Page 1: You Found Them... Now What??

All sections to appear here

You found them, now what?

Page 2: You Found Them... Now What??

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[Categories of Professionals]

The slides after this divider will be grouped into a section and given the label you type above. Feel free to move this slide to

any position in the deck.

Page 3: You Found Them... Now What??

There are many types of professionals

  Sales People   Software Developers   Software Consultants   Human Resource

Professionals   Accountants   CEOs   CIOs   CFOs   COOs

  Doctors   Nurses   Lawyers   Chefs   Retail Store Managers   Help Desk Workers   Administrative Assistants   Project Managers   Business Analysts   Etc…

Page 4: You Found Them... Now What??

And each type of professional has a unique persona

Persona defined: A person’s perceived or evident personality

Page 5: You Found Them... Now What??

A Leopard can’t change its spots

Page 6: You Found Them... Now What??

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[Building the Persona of your target candidate]

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Page 7: You Found Them... Now What??

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[7 Steps to a winning message]

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Page 8: You Found Them... Now What??

Physical Profile of Target Candidate

Basically, this is an exercise in identifying everything you can possibly identify about your target.     How much money do they make?   What car do they drive?   How many times have they been married?   Do they have children?   How do they dress?   Where do they shop?   Where do they vacation, and on and on…

This step should take about 2 to 3 hours, mostly because the more that is discovered about the individual the more the discussion goes on.  You need to use anecdotal evidence and stories from the trenches that help drive the development of the person in question.

Page 9: You Found Them... Now What??

Sample Sales Persona - Profile

Earn $150- $300K/yr

Has a country

club membershi

p

Own a nice Home

Suitable for entertaining

Uses a designer pen, like

Mont Blonc

Children attend private school

Plays Golf or tennis

Exercises regularly to stay

fit

Has one or more children

Owns the latest

electronic gadgets

Drive luxury Imported

car

Shops at high-end retailers

May have been

married more than one time

Own a boat or

Vacation home

Avid sports

fan

Reads business

magazines Books and

news

Wears Designer clothes

Wear a Swiss

Watch – Rolex,

Omega, Breitling

Vacations In exotic places

Has an attractive spouse or

partner

Has a very

professional

image

Page 10: You Found Them... Now What??

Identify the Pain

Once you have the persona identified you next need to define the pain that this person is experiencing on a day to day basis.  

  The "what keeps him up" approach.  The exercise used here is to first discuss what ails him and then to do an affinity mapping where you have each participant write on the sticky notes and then categorize the results.

  Then write a statement (NO MORE THAN 25 words - small words) that define each pain - should have no more than 3 to 5 - this also takes about 2 to 4 hours per persona.

Page 11: You Found Them... Now What??

Sample Pain Identity – Sales Profile

I need to achieve quota

I need the customer

To pay on time

I need new leads and contacts

Who do I know that

can help me close this

deal?

I need to influence

the customer to

buy now!

I need to attain quota

credit for a deal

I need to make

President’s Club

(again)

I need to know who is making the buying decision

How do I overcome

the obvious gaps in

service?

I need to break New

Account(s)

Do I have the

Right marketing support?

I need to know the

competition’s

weaknesses

I need to represent

quality products or

services

I know that my

competition on this deal

is #1

Where will my next

deal come from?

I need to beat the

competition

I need to close

the deal

I need to deliver the products or

services

I need the right

resources to win the

deal How can I make the pricing

work for the customer?

Page 12: You Found Them... Now What??

Pain Summary

I need to be selling strong products and services with the necessary tools to close the business.

I need well-qualified leads and a strong team to beat the competition and close deals.

I need to have a clearly defined comp plan that is easy to understand. I need to get paid!

I need a strong pipeline and viable leads to meet my quota.

Page 13: You Found Them... Now What??

Solution (anti-pain)

This step literally involves turning the pain on its head to see what the direct opposite of the pain is.  

  This is a Wordsworth exercise that can be excruciating.  It takes 2 to 4 hours per persona and best to do it in day two because the first two steps burn people out.  

 Again, small easy to read statements of solution.  Must be easily mapped back to the pain each solves.

Page 14: You Found Them... Now What??

Solution (anti-pain) Statement

XYZ has proven competitive referenceable products/services.

XYX provides access to well-targeted and qualified leads.

XYZ’s sales effort is supported by a team of well-qualified experts. EX: Solution Architects (well-qualified experts)

Page 15: You Found Them... Now What??

Market Problem Statement

This is a summary of all the pain statements - it makes a blanket statement for what problems exist in your market place that need fixing.  (25 words max) 

Page 16: You Found Them... Now What??

Market Problem Statement

The best sales executives struggle to find companies with great products, great sales support, and great leads that have a

rewarding and easy to understand comp plan.

Page 17: You Found Them... Now What??

Positioning Statement

This is a single statement that summarizes all of the solution statements.  This ultimately is what your company means to the candidate.  Here you have varying versions of the statement 25, 50 and 100 words depending upon the need.  

Page 18: You Found Them... Now What??

Positioning Statement

At XYZ we are driven by our sales culture and our entire organizational structure is built to assist the Sales Executive to sell and deliver business.

We have a simple compensation structure that rewards success, and it is not complicated when multi-national deals are involved.

Our Sales Executives are always rewarded and recognized for their contributions, and we continually evaluate our compensation to make sure it remains the most competitive option for the highest performing sales professionals.

Page 19: You Found Them... Now What??

Sample Talk Track - SALES

PAIN ANTIDOTE

At [your current employer] do you receive quota credit for deals that are signed but not delivered?

Our Sales Executives are fully compensated for the full contract value at deal signing; and we pay out on a quarterly basis.

At [your current employer] is it difficult to access the resources to close large, complex deals?

We have a team of over 1000 Sales and Marketing support professionals, and they are available to you to provide all of the industry expertise, tools, information and resources to drive the sales process and close the deal.

At [your current employer] is your compensation capped at 100% of target?

We have no cap on our compensation and, for large deals, it’s common for our Sales Executives to earn up to 200-300% of Quota.

How does [your current employer] fare in competitive situations?

We have flexibility in our pricing and services and we win 8 out of 10 competitive deals.

Page 20: You Found Them... Now What??

Build Narrative

Tell the story of the pain and how it is solved.  Make it tangible and real.  If you have done all the other steps properly than this should be easy.

Page 21: You Found Them... Now What??

Narrative

  At XYZ we are driven by our sales culture and our entire organizational structure is built to assist the Sales Executive to sell and deliver business.

  We have a simple compensation structure that rewards success, and it is not complicated when multi-national deals are involved.

  Our Sales Executives are always rewarded and recognized for their contributions, and we continually evaluate our compensation to make sure it remains the most competitive option for the highest performing sales professionals.

  What are the 5 things you need to be on the lookout for to make sure the comp plan is well defined?

  Are your comp plans complicated when multi-national deals are involved?

  Will XYZ product ever come out? If not, then hit with product statements….

Page 22: You Found Them... Now What??

Narrative – Targeted and Evolving

  You should continuously gather the competitive intelligence and leverage it to: •  Share with your leadership to add value to the business •  Ensure that your products/services, compensation, sales

process, etc. are continuously evolving to stay ahead of the competition

•  Keep your messaging fresh and relevant

 Make certain that your Sourcers/Recruiters fully understand and are trained to easily articulate every aspect of the sales process, resources involved, compensation structure and bonus payment schedule.

Page 23: You Found Them... Now What??

Content Strategy

  Once all of the steps are complete this needs to be the roadmap for the content you develop to continuously reach out to your targets.  

  A lots goes into this and the more intelligently distributed content you create the more incoming candidates (active and passive) you'll capture. 

Page 24: You Found Them... Now What??

Sample Content Strategy - SALES

CHANNEL WHO IS INVOLVED CONTENT/EXECUTION

Employment Branding Head of Recruitment Branding, Global and Regional Sourcing, Recruiting

Ensure that your company has a solid EVP and a footprint in relevant places for each persona

LinkedIn Head of Recruitment Branding, Global and Regional Sourcing

Invite candidate to join your XYZ Sales Professionals group [that is well managed with fresh marketing information [press releases, competitive wins, and access to job postings]

Talent Communities Head of Recruitment Branding, Global and Regional Sourcing

Forward invitation to your Sales Community that is rich with relevant content; especially access to your jobs

Facebook/Twitter Head of Recruitment Branding, Global and Regional Sourcing

Invite candidate to join your company fan page or your Twitter feed

Blogs Head of Recruitment Branding, Global and Regional Sourcing, Sales Leadership to feed articles and content

Ensure that you have a strategy in place so your company is recognized as a market leader

Page 25: You Found Them... Now What??

Thank you!