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Twelve Initiatives
                                             of World-Class
                                             Sales Organizations


  If the economy were a season, we are looking at an early spring




  Every year, Miller Heiman enlists the feedback of sales professionals




  decision makers and lengthy sales cycles.



                                                             2012




  coming year.




© Miller Heiman, Inc. All Rights Reserved.                                www.millerheiman.com | Page 1
Twelve Initiatives of World-Class Sales Organizations



                                                                                           Defining a World-Class
     1.                                                                                    Sales Organization
                                                                                           World-Class Sales Organizations are companies
     2.
                                                                                           that adhere to a broad array of best practices
     3.                                                                                    to ensure the best possible sales results. Here
                                                                                           is a look at how the activities in this study are
                                                                                           organized.

                                                                                           Creating Opportunities
                                                                                           World-Class Sales Organizations keep their sales
                                                                                           funnels filled with high-quality opportunities by
                                                                                           applying well-defined prospecting plans.

                                                                                           Managing Opportunities
                                                                                           World-Class Sales Organizations have a clearly
                                                                                           defined methodology to guide them in winning
                                                                                           new business.

                                                                                           Managing Relationships
                                                                                           World-Class Sales Organizations are proactive
                                                                                           in managing relationships and spend more time
                                                                                           with key accounts, especially at the executive
                                                                                           level.

                                                                                           People and Organization
                                                                                           World-Class Sales Organizations know why
                                                                                           their top performers are successful and use
                                                                                           that information to improve their sales force’s
                                                                                           performance.

                                                                                           Operations and Enablement
                                                                                           World-Class Sales Organizations utilize
  between providing sales call feedback and providing real sales coaching. It is a smart
                                                                                           infrastructure, technology, and programs to
                                                                                           enhance sales performance.

                                                                                           Management Execution
                                                                                           Management in World-Class Sales Organizations
                                                                                           align their organization to meet the needs of their
                                                                                           customers and executive leadership takes an
                                                                                           active role in the sales process.




                        World-Class Sales Organizations
                        Don’t Make Excuses. “People blame
                        the economy when in fact there is still
                        plenty of business in the market.”
                        - 2012 survey participant




© Miller Heiman, Inc. All Rights Reserved.                                   2                                               www.millerheiman.com
Twelve Initiatives of World-Class Sales Organizations




                                                          “Our company has
                                                          completely reorganized
                                                          by market segment in an
                                                          attempt to become more
                                                          customer focused for
                                                          2012 to drive significant
                                                          revenue growth.”
                                                          - 2012 survey participant




                                                                       “We continue to see sales
                                                                       cycles delayed longer
                                                                       than we’d like, but one
                                                                       of the greatest rewards
                                                                       is staying the course
                                                                       with weekly selling
                                                                       actions to overcome
                                                                       delays and obstacles and
                                                                       win the business while
                                                                       competitors choose to
                                                                       disengage.”
                                                                       - 2012 survey participant




                                                          “The greatest risk I
                                                          see to our business is a
                                                          continued lack of quality
                                                          coaching of sales staff by
                                                          sales management.”
                                                          - 2012 survey participant




© Miller Heiman, Inc. All Rights Reserved.     3                                         www.millerheiman.com
Twelve Initiatives of World-Class Sales Organizations




                                                          RISK: “Our biggest
                                                          challenge is being able
                                                          to articulate the value
                                                          we deliver to our clients.
     1.
                                                          We need to be able to
           prospects.                                     demonstrate ROI on
     2.
                                                          every opportunity we
                                                          are chasing.”
                                                          - 2012 survey participant




                                                                       9 3%
                                                                      World C
                                                                             lass




                                                                                      39 %
                                                                                       All




                                                               We have a formalized value
                                                            proposition that is very compelling
                                                                     to our prospects.



© Miller Heiman, Inc. All Rights Reserved.     4                                             www.millerheiman.com
Twelve Initiatives of World-Class Sales Organizations




                                                          “The greatest risk I see
                                                          is our team creeping
                                                          back to thinking
                                                          we know better
     3.
                                                          what our customers’
           large deals.                                   wants and needs
     4.
                                                          are than they do.”
                                                          - 2012 survey participant




                                                                        9 3%
                                                                      World C
                                                                             lass




                                                                                      48%
                                                                                      All




                                                                  We clearly understand our
                                                                 customers’ issues before we
                                                                      propose a solution.



© Miller Heiman, Inc. All Rights Reserved.                                                  www.millerheiman.com
Twelve Initiatives of World-Class Sales Organizations




                                                          Risk: “Vendor
                                                          consolidation as result of
                                                          reduced budgets where
                                                          we have a nascent
                                                          presence.”
                                                          Reward: “Same
     6.
                                                          parameter working in
                                                          our favor where we have
                                                          stable relationships.”
                                                          - 2012 survey participant




                                                                        9 6%
                                                                      World C
                                                                             lass




                                                                                      38%
                                                                                      All




                                                           We have relationships and dialog at
                                                           the highest executive levels with all
                                                                  our strategic accounts.



© Miller Heiman, Inc. All Rights Reserved.     6                                            www.millerheiman.com
Twelve Initiatives of World-Class Sales Organizations




                                                                                         Risk: “Attrition of high
                                                                                         performers as economy
                                                                                         picks up.”
     7.                                                                                  - 2012 survey participant

     8.    When we lose a high-performing salesperson, we always know the reasons why.




                                                                                                       85%
                                                                                                     World C
                                                                                                            lass




                                                                                                                     33%
                                                                                                                     All




                                                                                            When we lose a high-performing
                                                                                             salesperson, we always know
                                                                                                   the reasons why.



© Miller Heiman, Inc. All Rights Reserved.                                  7                                              www.millerheiman.com
Twelve Initiatives of World-Class Sales Organizations




                                                                                      One Salesperson’s
                                                                                      Perspective: “The
                                                                                      largest barrier to
                                                                                      my productivity is
     10.
                                                                                      ineffective CRM and
                                                                                      the database for our
                                                                                      business...I created my
                                                                                      own and use it rather
                                                                                      than the company’s.”
                                                                                      - 2012 survey participant




  discipline to coach and adopt the principles of their sales methodology and sales



  management.




                                                                                                   81%
                                                                                                  World C
                                                                                                         lass




                                                                                                                  25%
                                                                                                                  All



                                                                                          Our sales management team is
                                                                                       highly confident in the data available
                                                                                              from our CRM system.



© Miller Heiman, Inc. All Rights Reserved.                                  8                                           www.millerheiman.com
Twelve Initiatives of World-Class Sales Organizations




                                                          RISK: “Minimal
                                                          knowledge and best
                                                          practice sharing and
                                                          propagation across the
     11.
                                                          organization from high
                                                          performers.”
     12.
                                                          - 2012 survey participant




  other change.




                                                                       89%
                                                                      World C
                                                                             lass




                                                                                      25%
                                                                                      All



                                                              We leverage the best practices
                                                             of our top performers to improve
                                                                       everyone else.



© Miller Heiman, Inc. All Rights Reserved.                                                  www.millerheiman.com
Twelve Initiatives of World-Class Sales Organizations




                              Sales Performance Spotlight




  research, the




© Miller Heiman, Inc. All Rights Reserved.                  10   www.millerheiman.com
Twelve Initiatives of World-Class Sales Organizations



                                                                                Participation by Industry
                                             engaged respondents ranging from   Technology                                 19.9%
                                                                                  Technology - Hardware            45.2%
                                                                                  Technology - Services            29.7%
                                                                                  Technology - Software            25.1%
                                                                                Consulting & Professional Services         10.1%
                                                                                Manufacturing                               8.3%
                                                                                Healthcare                                  8.2%
                                                                                  Healthcare - Capital             41.5%
                                                                                  Healthcare - Consumables         30.5%
                                                                                  Healthcare - Services            28.0%
                                                                                Other                                       7.7%
                                                                                Finance, Insurance & Banking                7.1%
                                                                                Business Services                           6.4%
                                                                                Oil/Gas/Energy                              5.5%
                                                                                Telecommunications                          5.4%
                                                                                  Services                         57.4%
                                                                                  Equipment                        42.6%
                                                                                Industrial & Chemical                       4.8%
                                                                                Construction                                4.3%
                                                                                Transportation                              3.4%
                                                                                Aerospace and Defense                       2.6%
                                                                                Hospitatlity and Food Service               2.3%
                                                                                Pharmaceuticals                             2.3%
                                                                                Consumer Products                           2.1%




           1,227 respondents
           Complex sales only
           B2B selling environment




           6 percent of all respondents
           Complex sales only
           B2B selling environment




© Miller Heiman, Inc. All Rights Reserved.                         11                                           www.millerheiman.com

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2012 sbps-exec summary (1)

  • 1. Twelve Initiatives of World-Class Sales Organizations If the economy were a season, we are looking at an early spring Every year, Miller Heiman enlists the feedback of sales professionals decision makers and lengthy sales cycles. 2012 coming year. © Miller Heiman, Inc. All Rights Reserved. www.millerheiman.com | Page 1
  • 2. Twelve Initiatives of World-Class Sales Organizations Defining a World-Class 1. Sales Organization World-Class Sales Organizations are companies 2. that adhere to a broad array of best practices 3. to ensure the best possible sales results. Here is a look at how the activities in this study are organized. Creating Opportunities World-Class Sales Organizations keep their sales funnels filled with high-quality opportunities by applying well-defined prospecting plans. Managing Opportunities World-Class Sales Organizations have a clearly defined methodology to guide them in winning new business. Managing Relationships World-Class Sales Organizations are proactive in managing relationships and spend more time with key accounts, especially at the executive level. People and Organization World-Class Sales Organizations know why their top performers are successful and use that information to improve their sales force’s performance. Operations and Enablement World-Class Sales Organizations utilize between providing sales call feedback and providing real sales coaching. It is a smart infrastructure, technology, and programs to enhance sales performance. Management Execution Management in World-Class Sales Organizations align their organization to meet the needs of their customers and executive leadership takes an active role in the sales process. World-Class Sales Organizations Don’t Make Excuses. “People blame the economy when in fact there is still plenty of business in the market.” - 2012 survey participant © Miller Heiman, Inc. All Rights Reserved. 2 www.millerheiman.com
  • 3. Twelve Initiatives of World-Class Sales Organizations “Our company has completely reorganized by market segment in an attempt to become more customer focused for 2012 to drive significant revenue growth.” - 2012 survey participant “We continue to see sales cycles delayed longer than we’d like, but one of the greatest rewards is staying the course with weekly selling actions to overcome delays and obstacles and win the business while competitors choose to disengage.” - 2012 survey participant “The greatest risk I see to our business is a continued lack of quality coaching of sales staff by sales management.” - 2012 survey participant © Miller Heiman, Inc. All Rights Reserved. 3 www.millerheiman.com
  • 4. Twelve Initiatives of World-Class Sales Organizations RISK: “Our biggest challenge is being able to articulate the value we deliver to our clients. 1. We need to be able to prospects. demonstrate ROI on 2. every opportunity we are chasing.” - 2012 survey participant 9 3% World C lass 39 % All We have a formalized value proposition that is very compelling to our prospects. © Miller Heiman, Inc. All Rights Reserved. 4 www.millerheiman.com
  • 5. Twelve Initiatives of World-Class Sales Organizations “The greatest risk I see is our team creeping back to thinking we know better 3. what our customers’ large deals. wants and needs 4. are than they do.” - 2012 survey participant 9 3% World C lass 48% All We clearly understand our customers’ issues before we propose a solution. © Miller Heiman, Inc. All Rights Reserved. www.millerheiman.com
  • 6. Twelve Initiatives of World-Class Sales Organizations Risk: “Vendor consolidation as result of reduced budgets where we have a nascent presence.” Reward: “Same 6. parameter working in our favor where we have stable relationships.” - 2012 survey participant 9 6% World C lass 38% All We have relationships and dialog at the highest executive levels with all our strategic accounts. © Miller Heiman, Inc. All Rights Reserved. 6 www.millerheiman.com
  • 7. Twelve Initiatives of World-Class Sales Organizations Risk: “Attrition of high performers as economy picks up.” 7. - 2012 survey participant 8. When we lose a high-performing salesperson, we always know the reasons why. 85% World C lass 33% All When we lose a high-performing salesperson, we always know the reasons why. © Miller Heiman, Inc. All Rights Reserved. 7 www.millerheiman.com
  • 8. Twelve Initiatives of World-Class Sales Organizations One Salesperson’s Perspective: “The largest barrier to my productivity is 10. ineffective CRM and the database for our business...I created my own and use it rather than the company’s.” - 2012 survey participant discipline to coach and adopt the principles of their sales methodology and sales management. 81% World C lass 25% All Our sales management team is highly confident in the data available from our CRM system. © Miller Heiman, Inc. All Rights Reserved. 8 www.millerheiman.com
  • 9. Twelve Initiatives of World-Class Sales Organizations RISK: “Minimal knowledge and best practice sharing and propagation across the 11. organization from high performers.” 12. - 2012 survey participant other change. 89% World C lass 25% All We leverage the best practices of our top performers to improve everyone else. © Miller Heiman, Inc. All Rights Reserved. www.millerheiman.com
  • 10. Twelve Initiatives of World-Class Sales Organizations Sales Performance Spotlight research, the © Miller Heiman, Inc. All Rights Reserved. 10 www.millerheiman.com
  • 11. Twelve Initiatives of World-Class Sales Organizations Participation by Industry engaged respondents ranging from Technology 19.9% Technology - Hardware 45.2% Technology - Services 29.7% Technology - Software 25.1% Consulting & Professional Services 10.1% Manufacturing 8.3% Healthcare 8.2% Healthcare - Capital 41.5% Healthcare - Consumables 30.5% Healthcare - Services 28.0% Other 7.7% Finance, Insurance & Banking 7.1% Business Services 6.4% Oil/Gas/Energy 5.5% Telecommunications 5.4% Services 57.4% Equipment 42.6% Industrial & Chemical 4.8% Construction 4.3% Transportation 3.4% Aerospace and Defense 2.6% Hospitatlity and Food Service 2.3% Pharmaceuticals 2.3% Consumer Products 2.1% 1,227 respondents Complex sales only B2B selling environment 6 percent of all respondents Complex sales only B2B selling environment © Miller Heiman, Inc. All Rights Reserved. 11 www.millerheiman.com