February 13th, 2013

12 Business Needs for Customized Sales Training

Customized Sales Training
12 Business Needs for Customized Sales Training

In my role, I spend a lot of time surveying the sales effectiveness market, interviewing buyers, and examining and articulating the need for organizations to customize sales training. We believe that customized sales training that leverages a company’s unique strengths combined with leadership that is ready, able, and willing to support and sustain change are the essential elements for improving sales performance. This is our core business, and we want to continue to excel at it for our clients and partners. Consider our approach:

  • In 2012, we trained over 75,000 people and rolled out nearly 600 new customized programs to approximately 200 companies around the world.
  • In the same year, we interviewed over 1,000 senior-level business leaders in our client organizations to understand their business objectives, culture, and strategy, as well as to gain their perspective on how they envision their solution will come to life.

Through our experience, rigor, research, and collaboration, we continually refine our intellectual property and methods to develop and deliver solutions that will help our clients compete and achieve the results they expect. It also gives us a very upfront and personal view of the challenges they face, as well as their thoughts on how the sales force should be prepared to rise to these challenges. We see, and we’ve seen it all.

When you look at the situations our clients face when they hire us, it is obvious that they need highly customized training. Very rarely are they investing in training for the sake of training. Rather, they are either driving or responding to a change in the business environment that creates both opportunities and threats to their business.

Here are 12 common examples of the business needs that eventually lead to a need to train a sales force:

  1. A company hires or promotes new leadership with a new strategy that requires the sales team to have a different conversation with customers to leverage competitive differentiators.
  2. A company hires McKinsey to create a new growth strategy and now must train the sales team to execute that new strategy in the market.
  3. A company retains a brand strategy firm to reposition itself in the marketplace and create a new corporate image and now must train its sales team to articulate this new positioning for customers.
  4. A technology company launches a new product and must ensure that its sales team can position the product in the market as part of an overall solution, provoke needs through sharing insights, and sell against the competition.
  5. A large bank implements a new CRM system and must now formalize its sales process and train its commercial bankers to execute new sales processes to get an ROI on the CRM investment.
  6. A company promotes a rising star into its top sales role who recognizes the need to move the sales organization beyond the current product-focused, transactional sales model to a more consultative, strategic partner approach.
  7. A savvy sales leader reads a popular sales book (or thought-provoking in-flight magazine article). He is intrigued with the concepts but realizes that they simply won’t work as cleanly in real life and that he needs a more tailored sales training solution for his team.
  8. A company restructures its sales team to better align its people with segmented tiers of clients, and creates specialized sales roles to serve customers in a more efficient and effective manner. It trains these new roles with the knowledge and skills to serve these segments most effectively.
  9. Two companies form a new joint venture, creating a new sales force that must sell a full solution instead of focusing on individual products and build strong relationships with their partners, who are critical in supplying leads.
  10. A global accounting firm implements a new strategy to better coordinate partner-level relationship managers with technical and subject-matter experts. It trains its professionals in a new team selling process to present unified messaging to clients that is compelling and reflects its unique values.
  11. A large health insurance company faces a dramatic change in their business as a result of new “Health Care for America” legislation (i.e., ObamaCare) and must train its agents to sell differently in order to remain competitive.
  12. A company is owned by private equity shareholders who want to ensure the company continues to perform well as they sell the company to a new group. As an insurance policy, they bulk up the sales force and create a tight onboarding process to ensure the new reps succeed.

I could go on and on, but by now, you probably get the point.

As I mentioned earlier, customized sales training is only one of the important factors required for a successful sales improvement, change, or transformation initiative. Other factors include a robust model or process, an effective sales management process, tools, technology, metrics, supporting infrastructure, and (perhaps most importantly) strong leadership support. Every organization is unique and constantly changing. Even within an industry, the differences (e.g., cultural or competitive) between companies can be striking. Having the industry experience to understand those nuances and ensure they are captured and reinforced in sales training is crucial to the training being accepted in the company.

CEOs, line of business leaders, and sales leaders have strategies they want executed to be more competitive and achieve their goals. They need to realize that, at some point, these strategies need to cascade down to reps and client-facing professionals, who are expected to have different conversations and exhibit different behaviors with customers, and front-line managers, who need to support and hold them accountable. Then, everyone needs to execute. When the stakes are this high (i.e., a leader is putting their job on the line), the job needs to get done right — the investment to customize is minuscule in the grand scheme of what they are trying to accomplish.

To learn more about Richardson’s customized sales training solutions, please click here.

Customized Sales Training

About The Author: Dario Priolo

As Chief Strategy Officer, Dario Priolo is responsible for driving Richardson’s market, product, and corporate strategy and planning — sharing critical insights with clients to help them win in today’s changing market place. Dario gathers intelligence and market and customer knowledge to: drive Richardson’s innovation; ensure that Richardson offers the best and most relevant solutions for clients that exceed client satisfaction; and raise awareness of Richardson’s extensive capabilities with sales and business leaders.

On Social media:
Twitter | LinkedIn
Dario Priolo

Leave a Reply

Previous Post:

»

Next Post:

»

HE Blog Directory Business Blogs best blog sites