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Scooped by
Ann Zaslow-Rethaber
October 19, 2018 1:21 PM
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I am often asked to explain what we look for when we evaluate Sales Managers. At this point, most experts agree that a good Sales Manager will spend half of their time coaching up the salespeople. Recently, I was asked to share some statistics about sales management coaching – the percentage of sales coaching skills that most Sales Managers have and the amount of time they spend. So let’s stop talking about the article and start sharing the statistics!
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Scooped by
Ann Zaslow-Rethaber
October 19, 2018 9:35 AM
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The sales landscape has changed dramatically over the past decade as modern and empowered buyers, new technologies and competitive pressures forge new realities. This confluence of factors has imperiled various sales roles, creating adapt-to-survive imperatives.
For example, nearly three years ago, Forrester Research predicted (registration required) the impending death of the B2B salesman -- a role-turned-relic, they noted, thanks to buyers’ increasing reliance on self-service e-commerce. Since then, there’s been lots of hand-wringing, strategizing, further prognosticating and debate -- along with an emphasis on how sellers should evolve.
Whether the dire predictions come true remains to be seen -- though there’s sure to be more frenzied analysis in the interim. What hasn’t gotten attention, though, is another role in danger of extinction: The first-line sales manager (FSM), which is on the road to becoming a casualty of artificial intelligence (AI) unless serious adaptations are made.
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Scooped by
Ann Zaslow-Rethaber
October 18, 2018 10:16 AM
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It’s no secret. Often times the best sales people do not make for the best sales coaches, yet sales departments continue to promote their top performers into coaching roles.
Personally, I believe this happens for 3 reasons. (1) It is how it has always been done. (2) It's easy and convenient. (3) Sales departments have yet to define what characteristics make a good sales coach and how to identify those characteristics in the candidates.
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Scooped by
Ann Zaslow-Rethaber
October 16, 2018 9:08 AM
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Building a world-class sales team doesn’t sound that hard, until you realize how many things can go wrong.
From hiring to lead gen to sales forecasting, it’s easy for your team to get tripped up and fall into a pattern of bad habits and costly mistakes.
Compare your team’s performance to the world’s most dysfunctional sales team in the infographic below and let us know if you recognize any of this craziness.
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Scooped by
Ann Zaslow-Rethaber
October 15, 2018 8:37 AM
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Is it better to be lucky or good? Should we trust our gut feelings or rely on probabilities and careful analysis when making important decisions? In this quick 6 minute TED talk, professional poker player Liv Boeree shares three strategies she's learned from the game and how we can apply them to real life.
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Scooped by
Ann Zaslow-Rethaber
October 14, 2018 7:54 PM
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Five managers, eight years, and a lifetime of valuable leadership lessons.
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Scooped by
Ann Zaslow-Rethaber
October 12, 2018 5:52 PM
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How is a sales manager like a builder? Find out.
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Scooped by
Ann Zaslow-Rethaber
October 5, 2018 11:13 AM
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Some of the worst leadership moments are driven by too much passion.
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Scooped by
Ann Zaslow-Rethaber
October 2, 2018 5:55 PM
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Regardless of the type of business you run, you need to have solid relationships with your bank and your banker. But what the bank should expect of you? Perhaps more importantly, what you should expect of the bank?
After 45 years in the financial industry, I’ve made certain observations on both sides of this equation that may prove valuable. I’m happy to share them here:
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Scooped by
Ann Zaslow-Rethaber
September 30, 2018 10:05 AM
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An interview can be a terrifying thing.The only way to get better at them is practice, ...and making sure that you are practicing the right things.
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Scooped by
Ann Zaslow-Rethaber
September 29, 2018 8:02 AM
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With Brexit looming and AI threatening to replace roles, assessment now has a broader role to play in resolving the key talent challenges in the financial services sector, says Andreas Lohff from Aon’s Assessment Solutions.
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Scooped by
Ann Zaslow-Rethaber
September 28, 2018 8:01 AM
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An affiliate program can help you market more effectively.
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Scooped by
Ann Zaslow-Rethaber
September 27, 2018 11:07 AM
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It can be difficult to devote the necessary time and due diligence it takes to make a great hire.
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Scooped by
Ann Zaslow-Rethaber
October 19, 2018 10:28 AM
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The state of sales management in many companies is disturbing. Consider these stats from our Top-Performing Sales Organization study:
66% of companies do not believe their sales managers have the skills needed to manage and coach sellers. Elite performers are 2.4x more likely to agree that sales managers and leaders are effective at maximizing selling energy. 71% of companies do not believe people in selling roles manage their time and day effectively. Almost 7 out every 10 sales managers do not have the skills they need to do their jobs effectively! Astounding. It's certainly understandable, though. Sales managers are directed, by the very definition of sales management, down the wrong path.
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Scooped by
Ann Zaslow-Rethaber
October 18, 2018 11:49 AM
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If you seek to achieve greatness, stretching for amazing is a great way to start.”
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Scooped by
Ann Zaslow-Rethaber
October 16, 2018 9:11 AM
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Conventional wisdom states that there are 7 types of sales reps that often exist in many mid-market or enterprise-level sales teams. No matter how big your sales team, you'll probably recognize many of these bad actors, and especially their bad behavior.
Use the tips below to avoid or manage these behaviors off your sales floor.
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Scooped by
Ann Zaslow-Rethaber
October 15, 2018 4:01 PM
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Managing salespeople is a difficult job. From understanding their pipeline and key metrics to recruiting, hiring, and firing, a sales manager has a lot on their plate. One of the biggest sources of turnover and missed opportunity comes from a lack of understanding of what each sales person is doing well and what activities they are doing poorly.
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Scooped by
Ann Zaslow-Rethaber
October 15, 2018 8:10 AM
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Emotional intelligence is the ability to understand, manage, and express one’s personal feelings. High emotional intelligence is critical for establishing and maintaining close personal relationships, and it’s also important from a leadership and a team-building perspective.
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Scooped by
Ann Zaslow-Rethaber
October 12, 2018 6:04 PM
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Even the most talented, hard-working, persistent salespeople only bring in so much revenue. They’re limited by their time. With a set number of selling hours in the day, a great rep can sell twice as much as an average performer -- probably no more.
But a great sales manager? They can unlock huge returns from their team. If a manager can help each of her 10 reps sell 20% more, she’s “created” two new salespeople. That’s why being a sales manager can be incredibly rewarding … and simultaneously challenging.
In this ultimate guide to sales management, you’ll learn:
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Scooped by
Ann Zaslow-Rethaber
October 8, 2018 11:50 AM
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“There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self.” Ernest Hemingway
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Scooped by
Ann Zaslow-Rethaber
October 4, 2018 10:33 AM
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Bias to action results in drama, disappointment, and crisis apart from systematic self-reflection.
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Scooped by
Ann Zaslow-Rethaber
September 30, 2018 12:04 PM
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It's common to hire managers from within the company. But it’s not enough to simply hire from within if you aren't growing leaders among your ranks.
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Scooped by
Ann Zaslow-Rethaber
September 29, 2018 11:03 AM
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Hiring a sales manager? Check out this template job description and see a real HubSpot sales manager job listing to get inspired.
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Scooped by
Ann Zaslow-Rethaber
September 28, 2018 9:58 AM
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Everyone is talking about artificial intelligence in business these days—the adoption of advanced tech like chatbots, complex algorithms, and robots is a scorching hot topic. While the evolution of machines in the workplace is as exciting as it is unsettling, the success of modern day enterprise...
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Scooped by
Ann Zaslow-Rethaber
September 27, 2018 11:25 AM
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Are there specific functions you wish LinkedIn had that could help you manage your network better?
Or are there things you’ve heard you may be able to do on LinkedIn but have no idea where to look for them?
LinkedIn has many features and functions that you might not be aware of, which you can use to personalize and improve your user experience.
Combined with the extensive security and personalization ability available in the LinkedIn Settings & Privacy page, there are 10 functions or features that you might not know of to provide you with a better, more personalized user experience.
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