Top Performing Companies and Public Sector - 18th Edition

Page 75

DO YOU HAVE A REVENUE-GROWTH APPROACH?

EDITORIAL

THE 5-PILLARS OF A MARKET-LEADING B2B SALES ORGANISATION

The foundation of a successful B2B

organisation is what we call a ‘revenue growth approach’ that simultaneously focuses on sales growth and margin protection. There are five key pillars that must be developed and then matured in every organisation to

achieve this goal, finally reaching

a level of optimisation that ensures

a strong, sustainable and above-all competitive B2B business.

The five key pillars of a high-

performance sales organisation: COMPETITIVE STRATEGY Many companies do not have a

documented, customer-centric sales

organisation strategy that differentiates the organisation for a competitive

advantage. Instead, many companies simply have a set of actions they will take to make a budget, not founded

on market opportunity, but rather an

increase on the previous year’s sales. Furthermore, strategy too often fails to be translated into an execution.

As a result, sales managers are not equipped with a clear road map of

where to focus or what exactly their

CUSTOMER ENGAGEMENT If the process and systems for

sales reps who report to them. The

is either not defined or randomly

case, particularly if the sales rep in

has no control over how customers

relationship-building skills to close

prospecting and customer engagement

reality is that this is seldom the

followed by sales reps, the business

question relied on their charisma and

are perceiving a B2B organisation.

deals.

unable to articulate value to customers

The solution: Strong sales

decision-making process.

systematic, metrics-driven approach

The solution: B2B organisations

activities and outcomes. They also

This can result in sales teams who are or guide them through a quality

must develop an agile approach to

mapping, refining and testing processes in response to changing business

environments and customer needs. SALES TALENT An ill-defined approach to hiring and

including coaching to drive sales rep need good change management

capabilities as B2B customers are

constantly evolving and changing, and so how an organisation sells to them must be both agile and adaptable. SALES ENABLEMENT Since 70% of B2B buyers are doing

performers who are able to articulate

they even reach out to a brand,

leadership teams do not develop star value and differentiate the business.

This often leads to missed opportunities and missed targets, because the sales

team is unable to engage on value and

with the correct level of stakeholders on a B2B level.

The solution: Building a strong sales

The solution: Executives should

rely on scientific assessment tools over

of their sales organisation and then

DNA will win in the end – as this will

The potential for a competitive

who can meet their revenue targets.

force starts with hiring. Companies that

conduct a 360-degree GAP analysis

gut instinct to identify competitive sales

design an ideal future-state strategy.

result in a high percentage of sales reps

sales organisation to perform a set of

management abilities rely on a

developing sales talent means that

sales reps should do differently.

advantage for a company is for the

performer will somehow rub off on

their own online research before

presenting compelling collateral that effectively positions your solution is an important foundational principle. How a customer engages with your

brand is therefore the product of sales collateral that supports the entire buying funnel.

The solution: A buyer-centric

view is essential when developing engaging collateral. Industry-

aligned and needs-driven content

captures a buyer’s attention, while

evidence-based case study content that demonstrates a strong return-

SALES MANAGEMENT

on-investment is important to help

activities differently to their competitors.

In many organisations, top sales reps

position your brand as a leader,

and difficult to commoditise.

positions in the hope that a star

buying decisions.

This is simultaneously differentiating

are promoted into sales management

overcome scepticism and justify

TOP PERFORMING COMPANIES | 18TH EDITION

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