As companies
struggle to revitalize their growth, the importance of their sales
programs is becoming even more critical. Over the course of my
career, I have observed that there is often a tendency for the sales
organization and its senior leadership to be out of sync with the rest
of the corporate strategy and the senior leadership team. That
situation has clear negative impact on the overall success of the
enterprise. It occurred to me that students at top business schools
who will likely become the senior leadership team of their firms would
benefit from a better grasp of the mission and operation of a
sales organization. They should understand the importance of a coherent go to market
strategy that extends from the senior executive team to the most
junior sales rep.
I believe most
business programs do a good job of giving their students a strong
working background in competitive positioning and marketing, but
sometimes leave gaps in their graduates’ understanding of how
companies actually execute their go-to-market strategies through their
sales organizations. I’ve had the privilege of working with the
faculty of the Johnson Graduate School of Management at Cornell
University for about ten years as the business recruiting team leader
and later the campus manager for Hewlett-Packard’s relationship with
Cornell. I worked closely with senior marketing, operations and
finance faculty to develop a workshop which gives business students an
understanding of the charter and challenges of the sales organization,
and its relationship with the other major functional organizations of
an enterprise. My goal was to give a business student sufficient
understanding of sales strategy and operations to ask the right
questions and to interact effectively with senior sales leadership.
I delivered the workshop at Cornell in February 2003 and received
strong validation from the students as to its value for them and their
overall preparation for business leadership. Cornell has chosen to
bring the program back for their 2004 Leadership Skills Program. To
give you a sense for the program as I delivered it at Cornell, I’ll
clip in below the summary that we used to promote the workshop.
I believe that
this program would have similar value for other top tier business
programs and I’m always interested in opportunities to present this
program or a derivative to other business programs. If you’re
interested in bringing this program to your school, please drop me a
line and we can discuss how to make it fit best with your program.
I’m also anxious
to receive other viewpoints on this topic, and the best ways to
integrate this topic into a business degree program. I’d love to hear
from business educators on how they approach this topic in their
classrooms, and how I can make this workshop more effective.
Your First Conversation with the VP of Sales
Sales is
sometimes considered a black art, and often not given the status of a
critical business process. Every general manager should understand
how sales programs are defined and executed, and how they link into
the general strategy of the enterprise. Specifically, they should
understand the basics of:
·
Making the sales program coherent with and directly in support of the
general business strategy of the enterprise. They should understand
key linkages into product marketing, marketing communications, and
customer support functions.
·
Choosing a direct, indirect or hybrid go-to-market strategy. This
would include developing a direct sales geography and account coverage
strategy, as well as an effective strategy to support any indirect
channel.
·
Recruiting, developing and retaining a sales force and sales
management team. This would include the critical areas of
compensation and recognition.
·
Measuring, managing and optimizing sales process effectiveness.
·
Building customer satisfaction and brand loyalty through effective
account management programs.
At the
conclusion of this session, you will be able to engage a sales
executive in a well informed conversation about their overall sales
strategy, what factors they considered in its formulation, and the
overall operational performance of the enterprise sales organization.
