Ethical Sales Leadership: Purpose (4 of 5)
In the previous posting, I listed some guidelines for leaders and sales teams committed to doing business and selling ethically.
As I read these guidelines, I’m thinking, “Easy enough, isn’t it?”
But according to Objective Management Group (OMG), in an assessment of over 500,000 people, the need for approval is the second most powerful and most common weakness affecting the way we do business and how we lead. It’s the belief that we must get approval from the significant people in our lives, including bosses and clients. Shockingly, it affects 45% of us in leadership and sales.
This blind spot has a disastrous impact on our ability to respond wisely and ethically to the myriad of critical leadership decisions. We end up making decisions based on the approval of others versus doing what’s right and earning their respect.
For example, according to author Daryl Green, some of the telltale signs that you are allowing your need for approval to negatively influence your capacity to lead in an ethical way are:
- Twisting critical information so people won’t be upset with you
- Taking personal credit for group accomplishments
- Not focusing on the common good of the organization
- Failing to get to the root of a situation for fear that you’ll hear bad news
- Fearful of taking personal accountability for the behaviors & results of your teams
Dr. Bill Lawrence of Leader Formation International examines the broad impact of the Need for Approval blind spot on leadership. He writes that this blind spot causes people to forfeit the purpose of the organization for fleeting things like position, people, and peace. Long-term respect is traded for short-term results.
How do you handle your need for approval? Where might it be impacting your purpose, your team’s purpose or your company’s purpose?
And what about those on your teams? Are there situations where they might need strengthening to be more energized by respect than approval?
Sales Growth Question: Where are some other places where the need for approval blind spot might be hiding?
Sales Growth Lesson: Focus on the purpose.
© Copyright 2012, Danita Bye Sales Growth Specialists, All Rights Reserved.
Ethical Sales Leadership: Guidelines (3 of 5)
After my inspirational lunch date with Ron James, CEO of the Center for Ethical Business Cultures, I decided to probe deeper into the
reasons that drive people to unethical business, leadership, and sales decisions.
To understand why people go off the track, I thought it would be a good idea to be clear on the right track for ethical business.
These are some guidelines that are applicable to all spheres of leadership, management, and selling.
Ethical Sales Leaders will:
• lead in a manner that respects the rights and dignity of all role players;
• demonstrate a level of integrity that will clearly establish them as trustworthy;
• be sensitive as to how their decisions affect others;
• use their social power to not be self-serving, but to take care of the needs of those around them;
• motivate their teams to put the needs or interests of the group ahead of their own;
• define a path for others to follow, and;
• inspire their teams to believe ethics is profitable
Interestingly, as I’m reworking Leadership Shift for launch later this year, I’m challenging myself to articulate what I learned about business values and ethics while growing up on the TTT Ranch. This “Code of the Old West” ties directly to today’s leadership:
• Respect yourself and others
• Accept responsibility for your life
• Be positive and cheerful
• Be a person of your word
• Be fair in all your dealings
• Be a good friend and neighbor
Sales Growth Question: What are the guidelines that help you lead and sell ethically?
Sales Growth Lesson: Leaders take responsibility for nurturing a culture of ethical business processes.
© Copyright 2012, Danita Bye Sales Growth Specialists, All Rights Reserved.
Ethical Sales Leadership: A Compass (2 of 5)
I recently had the honor of having lunch with Ron James, president and CEO of the Center for Ethical Business Cultures (CEBC). This
world-leading nonprofit organization is committed to helping business and sales leaders create ethical, values-based, and profitable business cultures.
As we’re talking, I realized that here is a man who’s truly committed to doing things the right way. Ron is intentional about pursuing ethics, both personally and professionally. In fact, he was recently honored by Twin Cities Business Award Ceremony as an Outstanding Director 2011. The passion and commitment that I saw in Ron caused me to question my own purposefulness in responding to the challenge from my business colleague to ‘raise the bar’ – to inspire people to lead, manage, and sell profitably – and to do it with integrity.
Ron also moderated the Twin Cities Ethical Leadership Forum with three veteran business executives, Marc Belton, Marti Morfitt and Kevin Rhein. Here are some of the important life lessons from their personal experiences that they shared with the audience:
- Be clear on your personal values before the storms come. Otherwise, the storms will dictate your response.
- Create alignment between your personal and organizational values.
- Serve all stakeholders of the business.
- Good guys can finish first.
- Born in relationship.
- Inspired by the belief that the future is open and can be changed.
- Generated by positive action.
- Set goals by making realistic assessments of their ability to attain a goal.
- Pursue goals with determination and energy.
- Generate more goals.
- Strive towards productive relationships with others where they can reach goals as a team.
- Experience less stress and are able to implement effective coping strategies when faced with unforeseen challenges.
- Raise the activity level of the team from 35 per day to 40 per day by ____ (set a date)
- Increase the Sales pipeline from $1 million level to 1.3 million by ____ (set a date)
- Increase the year-to-year comparison of monthly sales with at least 5% by _____ (set a date)
- Meet with each salesperson 1/2 hour per week at a regularly scheduled time.
- Meet with 2 key accounts weekly for the first 3 months.
- Have a weekly sales meeting with the entire sales team.
- Travel with 2 members of the sales team 1/2 day per week for first 3 months.
- Are you volume or profit focused? A volume driven sales person focuses on high growth whereas a profit driven salesperson will be focusing on a different metric.
- Is your recruiting strategy to hire ‘A Players’, ‘first available’ or ‘best available’ candidates?
- When you define your requirements very specifically beforehand you avoid conflict at a later stage.
- Is your key growth strategy to find or grow new business?
- How did you manage the volume vs. margins of your sales team?
- How do you determine whether to hire an A player, the best available candidate or the first available candidate?
- What strategies did you execute to grow sales?
- Which of your roles were focused on growing, defending or maintaining your margin?
What are some of your life lessons on the importance of ethical selling and leadership?
In our next posting I will tell you about a model for ethical sales business processes
Sales Growth Question: How are you inspiring your team to do ethical business, even under challenging financial conditions?
Sales Growth Lesson: Your example influences those you lead.
© Copyright 2012, Danita Bye Sales Growth Specialists, All Rights Reserved.
Ethical Sales Leadership: Raising the Bar (1 of 5)
“Beware of no one more than of yourself; we carry our worst enemies within us.” Charles Spurgeon, British Baptist Preacher. (1834 – 1892)
Over a decade ago, I launched Sales Growth Specialists. I was tentative about whether this was really the career where I wanted to
invest my life. I was leaving an industry I loved, the health care industry, which held intrinsic value for me. Why? Because I knew my work was contributing to helping grandparents who previously got frustrated at not being able to hear the high-pitched voices of their grandchildren. It gave me an indescribable internal buzz to know I was making a positive contribution to the passing on of values to the next generation.
I was discussing my trepidations with a new colleague in the sales force development field. Sensing my hesitancy and lack of enthusiasm in charging forward, he asked me to elaborate. Much to my own surprise, I heard myself saying, “I’m embarrassed to be in sales!” Being a good coach, he probed even deeper. I responded with, “I hate sales! It’s slimy, slippery and manipulative! And, that is not who I am!”
Then came the most life-impacting part of the conversation. He said, “Danita, that’s the very reason you need to be in the industry – to raise the bar, to call the industry to a higher standard.”
My lunch date with another friend a couple of weeks ago, reminded me of this conversation. In my next posting, I’ll tell you about the important lessons I learn over lunch.
Sales Growth Question: What are you doing to raise the bar for those you are leading with regards to ethical business processes?
Sales Growth Lesson: As transformational leaders, we can inspire and motivate others to nurture an ethical culture in our sales teams.
© Copyright 2012, Danita Bye Sales Growth Specialists, All Rights Reserved.
Hope is a Sales Leadership Strategy (2)
Definition of hope: an activating force that enables people, even when faced with the most overwhelming obstacles, to envision a promising future and to set and pursue goals.
We all watched in dismay on Friday, January 13, as 3000 tourists and 1000 crew members aboard the Costa Concordia, an Italian cruise ship, faced the nightmare. Their dream of a lifetime turns into a titantic-like disaster.
I’m amazed watching the news coverage about the tragedy. Initial reports are about the destruction and loss of life. But then miracles happen. People are rescued from their cabins; families are reunited – and these stories bring hope.
Susy Albertini, the mother of missing five-year-old Dayana Arlotti, was on the island and had planned to leave flowers at the wreck. But, she said, she could not go through with it while a glimmer of hope remained that her daughter might be found alive.
In the wake of the financial recession, negativity was also initially making up most of the headlines. But then, as with other disasters, stories of hope and heroism, start to filter through. The entrepreneurial energy of leaders kicks into gear.
How can you not be consumed by a feeling of hopelessness as you’re facing increasing higher goals with no expansion of resources? As a sales leader, how can you harness the true potential from hope and use it as a powerful sales tool?
Reading the article “Towards a deeper understanding of Hope and Leadership”, published in the Journal of Leadership & Organizational Studies by Martha Helland and Bruce Winston, I learned about how Hope inspires you, as a sales leader, to make a mind shift – away from despair and towards a hopeful future. With your mental shift, you encourage your team to the innovation and tenacity that’s born in hope. Hope is:
High Hope Leaders have these characteristics:
As sales leaders, we have the responsibility – now more than ever before – to instill hope in our sales teams. I take courage from these words by Albert Einstein: “Learn from yesterday, live for today, hope for tomorrow.” And, we’re reminded of the power of real hope in I Cor. 13:13, “These three things remain, Faith, Hope and Love.”
SALES GROWTH QUESTION: What can you do to lead your team away from negative thinking towards hopeful thinking?
SALES GROWTH LESSON: Hope is an important virtue for sales leaders.
© Copyright 2012, Danita Bye Sales Growth Specialists, All Rights Reserved.
Hope is a Sales Leadership Strategy (1)
Some psychologists identify hope as an activating force that enables people, even when faced with the most overwhelming obstacles, to envision a promising future and to set and pursue goals.
College break is over and I’m sending two students back to the university. Over break, we had long discussions on the degrees they might pursue based on the needs of the continually shifting global economy and their unique set of gifts, talents and interests. There’s much uncertainty since most of the careers as we know them will be gone in the near future – phased out in favor of new ideas and technologies.
Hope - A Leadership Strategy
Even though many industries are reporting better-than-expected sales and there’s a general sense of hopefulness in small to mid-sized businesses, we know that we’re still facing challenging and uncertain times. The paradox that captures headlines every day is this – the only certainty we seem to be sure of, is that uncertainty has come to stay.
Interestingly, research in the field of Positive Psychology now supports the power of hope. Inspiring Hope actually is an important leadership skill in the New Normal.
Look at it this way – without hope, sales teams fall into a state of status quo. They believe they have no control over anything anymore and they should just wait it out until things get better, i.e. the economy gets better, the competition goes bankrupt or the company management finally gets their act together. Of course, these beliefs sabotage the energy and creativity needed to create a sales team that can consistently win more new accounts.
I can tell you for the lessons I have learned in business as well as growing up on a ranch in North Dakota, where uncertainty was part of our daily lives, ‘waiting for things to get better on its own’, was never an option.
Rather, I was taught a sense of hopeful realism – a reasonable expectation of a good end – neither a misleading hope nor a false despair.
With intentionality, hopeful realism can become a dominant attitude throughout your sales organization.
In our next posting, I’ll share some ideas on how you can harness the true potential from hope and use it as a powerful sales leadership strategy.
SALES GROWTH QUESTION: What are you doing as a Sales Leader, to make sure your team stays both realistic and hopeful at the same time?
SALES GROWTH LESSON: Hope does not sit around waiting for things to get better on its own. Hope takes action to make things happen.
© Copyright 2012, Danita Bye Sales Growth Specialists, All Rights Reserved.
Strategic Initiatives 2012
Strategic Sales Survey for 2012
Last December, I asked my readers to participate in a strategic sales survey. The response was impressive with over 250 business and sales leaders like you responding to that request. A year has past and it is time to gather benchmark data for 2012 strategic efforts. Please consider investing 3 to 5 minutes again this year to participate. Your insights are valuable.
What is in it for you? Like last year, participants receive a free summary of the data that you can use for your strategic sales initiatives. The report included last year’s sales results, next year’s growth projections and the strategic sales growth initiatives being planed.
Last years report was praised for the usable, real world, strategic benchmark data it provided (compared to the gloomy editorialized news we see daily).
Thanks in advance for your help.
PS: This is a confidential survey, your responses and participation will remain private.
PPS: Feel free to forward this link to business and sales leaders that would find it useful. http://www.surveygizmo.com/s3/753646/Sales-Growth-Specialists-Strategic-Initiatives-Survey
© Copyright 2011, Danita Bye Sales Growth Specialists, All Rights Reserved.
Avoid these 5 Common Mistakes when hiring a Sales Manager – Conclusion
To start reading this series from the beginning, please go here.
Hiring the right sales manager is a key growth strategy. However, the shocking fact is that according to research conducted by Objective Management Group, only
8% of Sales Managers are top performers. Statistics also show us that 18% of Sales Managers should never have ended up in that position.
According to Dr John Sullivan,(1) a well-known leader in HR, most informal assessments peg the cost of a bad hire to be 150-300% of their annual salary each year they remain employed. So, what can you do to ensure you hit a bull’s eye when you appoint your new Sales Manager?
In the previous postings, we’ve looked at five of the most common mistakes that companies make when they appoint a sales manager. We’ve also looked at some of the character traits, skills and values your sales manager should have.
• We understand what role our Sales Manager should play in our business strategy.
• We’ve ensured that he/she will be a perfect fit for our selling environment.
• We’ve identified a candidate who will be able to execute our sales strategy.
• We’ve used intensive interviewing techniques to ensure that there is no culture clash.
• We have pre-determined on-boarding metrics to let us know whether our Sales Manager is on track or off track.
I know it sounds like I’m stating the obvious, but just think about this for a minute: the sales activity of a company is the only activity that brings in revenue.
The job of the sales manager is the one position in a company where numbers speak for themselves. A Right Fit sales manager can grow sales by a minimum of 20-30%.
Do you have the right sales manager on your team?
Sales Growth Question: How is your Sales Manager contributing to the growth of your company?
Sales Growth Lesson: The right Sales Manager is the person who fits in perfectly with your unique selling environment, sales strategy and company culture.
NOTE:
1. Dr. John Sullivan is a well-known thought leader in HR. He is a frequent speaker and advisor to Fortune 500 and Silicon Valley firms. Formerly the chief talent officer for Agilent Technologies (the 43,000-employee HP spin-off), he is now a professor of management at San Francisco State University. He was called the “Michael Jordan of Hiring” by Fast Company magazine.
For the full webinar that I did for EcSell Institute, go to 5 Mistakes Webinar.
PPT Slides can be viewed at 5 Mistakes Presentation.
© Copyright 2011, Danita Bye Sales Growth Specialists, All Rights Reserved.
Avoid these 5 Common Mistakes when hiring a Sales Manager – Mistake 5
NOTES: To start reading this series from the beginning, please go here.
Mistake #5: Not understanding the role of on-boarding metrics
Another mistake that companies often make when hiring a Sales Manager is overlooking or not understanding the role of the on-
boarding process. Companies usually have clearly defined metrics for the sales people, but it’s almost like a black hole when it comes to the Sales Management function. Due to the lack of concrete expectations, you then don’t have the insight to know if your Sales Manager is indeed on track or off track.
On-boarding metrics for the Sales Manager play an important role. The on-boarding process goes well beyond the orientation process, which is typically a one day event that focuses on the organization’s structure, mission and policies and deals with the administrative part of completing the appointment. However, the Sales Manager’s on-boarding should be a systematic process which can last up to 18 months, depending on the position. This process includes the cultivation of a long term relationship.
INTERVIEWING TIPS:
Establishing very specific guidelines about your expectations for the Sales Manager will make future judgment of his performance a very clear and measurable process. Another advantage of setting these standards beforehand and discussing it with a candidate during the interviewing phase is that the presentation of the metrics will result in some candidates disqualifying themselves before they could be appointed. Imagine the saving in time and revenue!
Keep your metrics clear and measurable with activities and goals linked to specific dates. Some examples of what your Sales Manager On-boarding metrics could look like are:
You don’t want to play guessing games when you measure your sales manager’s performance. When you set up metrics in such specific detail as we have shown in our examples above, it will make your future communication with your Sales Manager that much easier and effective. Determining his or her performance will not be linked to emotions or feelings, but to a specific number that can be measured.
Sales Growth Question: What processes are you using to determine how closely the Sales Manager is fulfilling his role in your business?
Sales Growth Lesson: When you appoint a Sales Manager without proper processes in place to measure his or her performance, you might as well be throwing darts with a blindfold on.
For the full webinar that I did for EcSell Institute, go to 5 Mistakes Webinar.
PPT Slides can be viewed at 5 Mistakes Presentation.
© Copyright 2011, Danita Bye Sales Growth Specialists, All Rights Reserved.
Avoid these 5 Common Mistakes when hiring a Sales Manager – Mistake 3
To start reading this series from the beginning, please go here.
Mistake #3: Hiring someone who can’t execute your sales strategy
From our previous postings you have learned the importance of understanding the role of the sales manager position and finding the
exact right fit for your selling environment. But if your best candidate isn’t able to execute your sales strategy, he or she is still not the right person for the position.
Again, it is important that you know exactly what it is that you require, before you can find the person who will be able to meet those needs.
So the next mistake to avoid is not being clear on your sales strategy. As a sales leader, you know that your product or service requires a unique sales strategy. Here are some examples of the areas you that you could consider:
Different thought processes are applied in the search for ‘A Players’ than when you are going to compare three ‘first available’ candidates against each other.
INTERVIEWING TIPS:
During an interview, remember that sales people are usually very good talkers, so don’t just accept everything they say at face value. Drill down deep and ask for specifics, steps taken during stages and metrics, where applicable.
Remember that a shift in your sales strategy, will require a different set of metrics, and would therefore require a different type of Sales Manager. Your sales strategies shouldn’t remain stagnant so search for coachable candidates. Look for signs that they will be able to grow and change with your business, as the new market conditions may call for these shifts on a regular basis.
Ask your prospective new Sales Manager these questions:
Sales Growth Question: How will a shift in your sales strategy influence your decision to hire a specific type of candidate?
Sales Growth Lesson: We need to continue to learn and rise above the pack. Status quo is the kiss of death for any company.
For the full webinar that I did for EcSell Institute, go to 5 Mistakes Webinar.
PPT Slides can be viewed at 5 Mistakes Presentation.
© Copyright 2011, Danita Bye Sales Growth Specialists, All Rights Reserved
 |
 |
 |
