Partners in EXCELLENCE - Making a Difference
This is Dave Brock’s Blog.
It offers my views on a variety of business, sales, marketing, and leadership topic. My goal is to make a difference for you, the reader, in both your professional and personal lives.
We tend to think of the Laws Of Physics as fundamental truths about how things behave.* For example, F=M x A (Force is equal to Mass times Acceleration). We always calculate force using this formula, it is universal. These Laws represent fundamental behaviors of objects and very predictable properties. Somehow, we seem to treat many of the numbers we use in sales and marketing as “fundamental and unchangeable truths.” We accept them, we accept the mathematical relationship, and all our behaviors are driven by those relationships. We have all sorts of metrics we look at: Pipeline coverage, win rates, average […]
Read MoreDaily, I’m inundated with emails, InMails, phone calls from sales people trying to catch my attention. Inevitably, at some point, a reference is made to the customers of the company that is trying to sell me something. They always are the names of some of the largest, most respected or envied organizations in the world. Somehow, Microsoft, Google, Oracle, Siemens, Citigroup, SAP, Amazon, and others are always cited. Or sit in a conference room as a sales person goes through their deck pitching you. The “corporate ego” slides always include the “logo” slide. Usually it’s the third or fourth slides […]
Read MoreOne of the key questions I ask when I meet with sales executives and sales people is, “What causes you to win, what causes you to lose?” Often, I ask to see any data and analysis they have on wins and losses. A couple of things happen: Surprisingly, people don’t know the answers. Yes there are anecdotes, “We were involved in this situation….” They are either the single greatest success or the single greatest loss. But they fundamentally can’t answer the question about their typical deals because they haven’t asked the question themselves. Alternatively, they spin a report out of […]
Read MoreAt a kickoff meeting earlier this week, I was having a disturbing conversation with a group of sales people. It seemed a big part of their “prospecting,” was trolling customers for RFPs and RFIs. I probed them on this, their response was, “It’s so easy, these are people who already want to buy, they’ve put together their requirements, all we have to do is just respond to the RFPs! It’s pretty easy to chase after them!” I asked, “What’s your win rate, what’s the quality of the deal (i.e. are you winning through pricing)?” Things got a little sketchy, a […]
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