How to Hire Highly Effective Sales People that Produces Great Results
You are receiving this email because of your relationship with
Directions Consulting. If you do not wish to receive any more emails,
you can unsubscribe at the bottom of this e-mail
|

Hi!
It's now
summer, and if you want to know who are the most hardworking
sales people, it's likely that they are the ones who will brave
the hot sun and keep on visiting customers.
Besides having a great attitude to work real hard, effective
sales people also have
the right skills and knowledge to win customers and generate
more sales.
Unlike most
sales hiring practices that simply emphasize hiring based on
prior sales experience in the same industry, we advocate a more
objective approach that will enlarge your talent pool and reduce
hiring costs.
We'll find out in this month's topics:
-
How to Hire Highly
Effective Sales People that Produce Great Results; and
-
How to Create Your
Own DIY Assessment Tool for Sales People?
This issue's main article is on "How to Hire Highly
Effective Sales People that Produce Great Results", and we'll
see how we can identify great sales talent that will fit well
into your company.
In brief:
-
Nearly 65% of salespeople who fail could have succeeded in the sales role that matched their skills;
-
When new hires failed, 89% of the time it was for attitudinal reasons and only 11% of the time for a lack of skill;
-
When hiring sales people, one would have to combine various elements of attitude, skills and even aptitude to determine if that person will have what it takes to deliver sales results for you. Read on... ...
To read the rest of this newsletter, pls.
click here (http://www.psycheselling.com/page4.html.
Need to train your staff in topics such as
Put More Accountability in Your Culture,
Influence Without Authority, or
Conducting Year End Reviews and Creating
Development Plans, and 37 other leadership topics? Find out more
about our face-to-face and eLearning solutions by e-mailing
info@directions-consulting.com
.
How to Hire Highly Effective Sales People
that Produce Great Results
by c.j. Ng
In
our
previous newsletter, based on recent studies by
Leadership IQ
tracking over 20,000 new hires, when new hires failed, 89% of the
time it was for attitudinal reasons and only 11% of the time for
a lack of skill. The attitudinal deficits include:
-
A lack of coachability;
-
Low
levels of emotional intelligence, motivation and temperament.
In the same issue, we also found that
the cost of sales staff turnover can be
as high as 150% of the employees' remuneration
package, or more.
Earlier in our
September 2007 newsletter, we
also quoted studies from
HR Chally
with the following findings:
-
Nearly 65% of salespeople who fail
could have succeeded in the sales role that matched
their skills.
-
Only 19% of effective "hunters" (or
New Business Developers) are just as effective at
maintaining their customers over the long term, a skill
critical to the success of "farmers" (or Account
Managers).
-
On the other hand, less than 15% of
good farmers are comfortable doing cold calls, an
essential task of successful hunters.
-
Overall, about 50% of the failure
rate in sales positions is due to putting a natural
hunter in a farmer's job, or vice versa
Simply put, there are 3 main criteria
that every sales hire will have to fulfill if he or she were to
produce any result for you:
-
Attitude (is the sales hire willing to deal with your kind
of customers under the conditions of your sales
environment);
-
Aptitude (does the sales hire have the natural ability to
perform the different sales tasks such as qualifying the
right customers, helping customers to solve their problems
objectively, responding effectively to customers' needs,
etc.)
-
Skills (is the sales hire well-trained and well-equipped
with the skills to produce great results for you?)
So What Kind of Sales People Do I Need?
There are about 14 types of sales-related jobs, ranging from
telesales to customer service positions. However, for
the sake of simplicity, we will zoom in on 3 of the most
common sales positions: New Business Developers
(hunters), Account Managers (farmers) and Channel Sales
(indirect sales).
The competencies for a New Business
Developer include:
-
Being able to take the lead
in a social setting and network effectively;
-
Qualifying the right
prospects;
-
Able to spot or create
sales opportunities, etc.
The competencies for an Account Manager include:
-
Systematically work towards
achieving goals and targets for the customer account;
-
Able to gather and harness
internal resources and provide a solution for the
customer;
-
Being responsive to
customers' needs and requests effectively; etc.
The competencies for a Channel Sales
person, is yet different, which
include:
-
Train the channel
partners' sales people in both product knowledge and
selling skills;
-
Conduct joint-sales
calls with channel partners' sales people to provide
coaching for them;
-
Motivate channel
partners to take on and sell new products to new
customers; etc.
Obviously, the competencies
required for the different sales roles can be quite
different. There have also been numerous occasions
when companies require one sales person to take on and
do ALL the above jobs!
The key to successful sales
hiring starts first by knowing what kind of sales roles
you need, and then find the right sales talent for that
role later.
Identifying the Right
Sales Behaviours
Once
you have identified the respective sales roles you are looking for, the next step will be how you can design the right questions
so that you can spot them in interviews. This is actually very
easily achieved, which unfortunately we usually screw up as we are
being misled by so-called "behavioural-based interview" techniques.
More can be read in our
previous newsletter.
Depending on the sales role you are hiring, here are some sample questions you can use:
-
“Tell me a time when all your sales leads seem
to dry up, and you have difficulty meeting your
sales target”
-
“Tell me a time when your major customer had a
re-organisation, and they decided not to buy from you
anymore”
-
“Tell me a time when your one of your major
distributors simply does not produce any sales for
your new product after months of persuading them to
do so.”
As you can see in the above
questions, we tend to raise interview questions that
raise possible weakness in the sales person, and for a
good reason. Whether that sales person has the
resilience or motivation to sell for you depends a lot
when he or she is selling in an adverse condition.
Hence, sales candidates with a
good attitude are likely to say:
-
“It
was a difficult period for me, but I was determined
to look for new leads in non-traditional and
unconventional ways... ...”
-
“I
had always thought I knew my customers well, but
there really was a time when the entire management
was replaced. I had to make up for the lost
sales by increasing the sales from my other
accounts, and also get some more new accounts...
...”
-
“There was this distributor whose business model
was a
"box-moving trader"
who is real reluctant to spend time to educate
customers on the benefits of our new product
even though the price was higher. However,
we were able to provide enough coaching and
support to instil confidence... ...”
Based on the answers, you can
deduce the attitudes, and sometimes even the aptitudes
of your sales candidates. You can then decide whom
you'd want to hire.
Also, using the old adage, "hire
for attitude, and train for skills", even if
the candidate does not have the same industry experience
as yours, you can still broaden your talent pool.
As long as the candidate has the right attitude and
aptitude, the relevant skills can be trained easily.
Assessing Your Sales Candidates
While assessment tools are helpful in identifying the right
candidates, it can be very expensive if you are using such tools for
hiring sales people. In other words, if the assessment results
are negative, you will still have to pay for the assessments while
still deciding NOT to hire that candidate!
Hence, instead of paying for assessment tools to assess the
abilities, you can actually conduct a role play with the
candidate. You can
see here for a sample case study,
of which you can role play the part of the customer, while the
candidate role plays the part of the sales person.
Now you may need to have "model" answers to the role play, as well
as some "standard" questions that your typical customers will throw
at the candidate. You can then grade the candidate according
to their responses using a
score sheet. You can then
share the scores with other interviewers to reach your conclusion
without extra costs.
These role plays need not be long.
You can set a time-frame of 3-5 minutes per role play.
While the candidate might not have completed the entire
role-play, you will get a fairly good idea of where the role play is
heading, and if the sales candidate is doing the right thing.
Need help in
formulating your hiring strategy for sales people so that you achieve greater success
with your new sales hires? Simply e-mail
info@directions-consulting.com or
call +86-136 7190 2505 or Skype:
cydj001 and arrange to buy me a mocha. All information
shall be kept in confidence.
Power Breakfast Hour: 16 Aug 2012
How to Hire Highly
Effective Sales People that Produces Great Results
-
How to identify highly-effective sales hires, even if they had
NOT worked in your industry before;
-
How to make sure you hire the right sales talent for the
right sales role or position; and
-
How to use role plays as an assessment tool in making sure you
hire the right sales talent
VENUE: Crowne Plaza Shanghai • 400 Panyu Road (near Fahuazhen
Road) • 上海银星皇冠酒店 • 番禺路 400 号 (靠法华镇路)
DATE: Thursday, 16 Aug 2012
TIME: 08:00 a.m. - 10:00 a.m.
PRICE: RMB 200 ONLY!
To make this a more conducive discussion, we are expecting a small
group of about 15 people only. The room can only take in 18, so
please register early to avoid disappointments. Please e-mail your
registrations to
sales@directions-consulting.com
Pls. check out our web sites
www.directions-consulting.com and
www.psycheselling.com/page4.html for more inspiration.
Upcoming Events
In case you'd like to know what other public events we have, here's
a snapshot of what's coming:
-
How to Achieve and Exceed HARD Goals
《如何超越艰难的指标》
24
July 2012 (Shanghai, Chinese)
-
How to Use LinkedIn as a
Marketing Tool to Win New Customers
《如何使用LinkedIn作为寻找新客户的营销神兵》 2 Aug 2012 (Shanghai,
English)
-
How to Build Highly
Effective Multi-Generational Teams
《如何打造跨年代的黄金团队、常胜之师》 9 Aug 2012 (Shanghai, Chinese)
-
How to Hire Highly
Effective Sales People that Produce Great Results
《如何招聘高效、高业绩销售人员》 16 Aug 2012 (Shanghai, English)
-
How to
Build Highly Effective Multi-Generational Teams
《如何打造跨年代的黄金团队、常胜之师》 17 Aug 2012 (Wuxi, Chinese)
-
How to Motivate Your Team
to Achieve Optimal Performance in Tough Times
《如何在艰难时候激励你的团队已获得最佳绩效》 23 Aug 2012 (Singapore,
English)
-
Effective Conflict
Resolution and Cross-Department Communication
《如何化解冲突并处理跨部门沟通》 28 Aug 2012 (Beijing, Chinese - co-organised
with the Swedish Chamber)
Simply e-mail your enquiries to
to
info@directions-consulting.com
or call +86-21-6219 0021 for enquiries. Sample video and audio
recordings available upon requests.
Tips for Managers:
How to Create
Your Own DIY Assessment Tool for Sales People?
By
c.j. Ng
If you would like to make sure you hired the right sales person,
sometimes you may want to use an assessment tool to make sure that
you had made the right choice.
However, even according to one of the most sophisticated and
predictive assessment tools available for sales people,
HR Chally, there are
limitations as to what an assessment tool can tell you about
the candidate.
At best, the most predictive assessment tools are 85%
accurate, and even
HR Chally recommends that
you can only base 30% of your hiring decision based on its
assessments, while basing 30% on a structured behavioural
interview, 30% on reference checks and 10% on your gut feel..
Hence, there are fewer companies who are willing to pay for
assessment tools if they are going to base 30% or less of
their hiring decisions. This is especially true for
sales positions where the staff turnover rate can be rather
high.
The solution? Create your own sales assessment
tool!

In the above diagram, we measure
in the Y-axis if a sales candidate is fast and
spontaneous, or if he is slow and deliberate. In the
X-axis, we measure if the sales candidate is
results-oriented or if he is relationship-oriented.
As you can also see from the above diagram, this is based on the
DISC assessment. Yet,
if you are unwilling to pay for a DISC assessment, you can
still ask the candidate the following questions just to have
a feel of his inclination:
When customers make a request,
When you approach customers,

Using this next diagram, you can also measure if the sales
candidate prefers to sell concrete products with shorter
sales-cycles, or abstract solutions with longer
sales-cycles. You can also measure if the sales
candidate is more high-touch, i.e. he is willing to spend
more time to make sure customer satisfaction, or if he is
low-touch, where he is more focused in closing the sale.
Here's how you can ask:
When you sell to customers,
During your sales meeting with your customer,
One thing to note is that there are no right or wrong
answers, as there are only answers that match or don't match
your winning sales strategies used by your other sales
people.
One more important thing to note is that such DIY assessment
tools are no way as accurate as the paid versions.
These are used more as a complementary tool for a rigorous
sales hiring process, where you just want to be doubly sure.
If you would like to find out how you can create your own DIY
assessment tool, you can
e-mail
info@directions-consulting.com or
call +86-136 7190 2505 or Skype:
cydj001
About
Directions Management Consulting
Directions Management Consulting is the partner of
LeadershipIQ in China and Asia.
LeadershipIQ helps more than 125,000 leaders every year through the facts drawn from one of the largest ongoing leadership studies ever conducted is used to help companies apply resources where the best possible results be achieved.
In addition, Directions Management Consulting is a leading provider of sales performance, innovation and experiential learning solutions in China and many parts of Asia.
Psycheselling.com
is the sales performance arm of Directions
Management Consulting specialising in conducting training, research
and consulting services for sales managers and their team.
Raybattle is the strategic partner of Directions
Management Consulting specialising in experiential learning events
and management retreats.
Currently, Directions Management Consulting has served
clients such as InterContinental Hotels Group, Unilever, Bristol-Myers Squibb,
Roche, Philips Lighting, Carrier, Ingersoll Rand, Freudenberg etc.
Through collaboration with consultancies such as
Forum
Corporation,
MTI,
de Bono
China,
ProWay etc., the consultants in
Directions Management Consulting have served clients such as PwC,
Air Products, Evonik, Wacker, Epson amongst others.
Directions Management Consulting will increase its efforts
to conduct leadership studies in China and other parts of Asia, so that more companies apply resources where the best possible results be achieved
in this part of the world.
Enquiries and suggestions, pls. e-mail
info@directions-consulting.com or visit
www.directions-consulting.com


|
|
|
|
Mailing Address: Shui Cheng Nan Road 51 Lane No. 9 Suite 202
Shanghai 201103 Chinaa |
|