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Confidential
Advanced Skills TrainingProject Status Discussion Deck
September 28, 2009
Confidential
Sales Performance International
• Solution Selling® suite of sales and marketing best practices
• For 20 years helping the world’s leading corporations improve their sales execution and performance
• 50 countries and 14 languages• Nearly 1 million Solution
Selling® alumni, 92 new clients in 2008
• Headquartered in Charlotte, North Carolina with a global network of over 150 business partners
“Clearly SPI is one of the thought leaders in this
(Sales 2.0) arena.” ES Research, 2007
Confidential
SPI has Conducted Some of the World’s Largest and Most Successful Sales Training Initiatives
IBM - Teamed with two learning partners to train 35,000 global sellers and 10,000 business partners over 3 years.
Compuware - Trained 700 plus global sales associates and managers over a two day weekend.
Microsoft - Trained 5,000 sales professionals and 12,000 partners in a four year period.
InfoPrint- Delivered 20 concurrent workshops in 9 languages over a 2 day period to 700 salespeople. Delivery rating: 4.7 out of 5
Dell – SPI an Dell trained over 12,000 global sellers in Dell’s Sales Process Model (aligned with, but not trained on Solution Selling®), integrated with the largest deployment of SFDC in the world. SPI conducted a total of 314 workshops worldwide.
Confidential
IBM And Microsoft Are Organizations That Recently Undertook Sales Transformation Initiatives
• In 2002, developed the Microsoft Solution Selling (MSS) Sales Process
• Over an 18 month period of time, trained 5,000 Microsoft global Sales Professionals trained
• To date, have trained over 12,000 certified partners
• 1999 IBM developed its Signature Selling Methodology (SSM) Sales Process
• SSM was delivered to 35,000 sales representatives and 10,000 IBM business partners globally over a 36 month period of time
A study conducted by IBM in 2003, attributed an increase in revenue of $8,566,795,537 to the deployment and adoption of SSM. For every dollar invested in Solution Selling,
IBM achieved a return of $94.52.
Confidential
Project Overview
Conduct Assessment Build Sales Process Maps Build Sales Tools and Job Aids Port eLearning To LMS Tailor Training Materials
Global/Major Seller Workshop TDM Workshop Sales Manager Workshop
Conduct Two Pilot Workshops TDM Workshop – Fresno Global/Major Workshop – Clifton
General Deployment Managers Sellers
Re-Enforce and Measure Train The Trainer
Page 5
SPI Conducted two pilot workshops in August, 2009. On post pilot course
evaluations, overall course satisfaction scores were 4.8 out of a possible 5.0
COMMENTS FROM THE PILOTS
“Nice to have material applicable to OD and what we do everyday”“Instructors are very informative, engaging, entertaining, and knowledgeable”“Everyone was very knowledgeable and excellent with instruction, insight, experience, and engagement“I liked the process of identifying pain, drilling down, providing value, and assessment of pain”
Confidential
SPI Project Team
• Keith Eades, CEO• Mike Pandich, VP Sales• Brad Frazier, Account Executive• Mike Lawson, Program Manager• Mary Ann Kennedy, Development Lead• Bora Kazmirci, Delivery Lead
Page 6
Confidential
Key Selling Skills
PLAN & ENGAGE DIAGNOSE PROPOSE & CLOSE IMPLEMENT
Sales Process Steps
Prospecting
Prospecting
Developing NeedsDeveloping Needs
Developing and Delivering ValueDeveloping and Delivering Value
Managing ProofManaging Proof
Accessing PowerAccessing Power
Qualifying / DisqualifyingQualifying / Disqualifying
Controlling the ProcessControlling the Process
AligningAligning
Negotiating / ClosingNegotiating / Closing
FULFILL
Confidential
Key SPI Differentiators
• Solution Selling® – we wrote the book(s) on making the transformation from selling products to selling solutions
• Resident Delivery Team – you’re working with us: we have our own team of experienced facilitators and consultants and we deliver around the world.
• Measurement Framework – we have an independently certified, unique, five-level framework to measure the impact of sales training and performance improvement initiatives
• Multi-modal delivery capabilities – Office Depot can put its Solution Selling materials into sellers hands rapidly, on demand, and in the form they need it, when they want it
• Track Record – SPI has extensive experience with large deployments in complex organizations – the Office Depot operation is large and complex and our experience will be of value as your constituents are looking for quality and results.
• Flexible Solution Design – we adapt our methods and tools to integrate them with your best practices to create a unique selling advantage for Office Depot.
8
Confidential
Office Depot Sales Process
Confidential 10
Lead
Prospect
Opportunity Customer
The Sales Process Has Been Integrated With Sales Online
Confidential
Contact Strategy Tools Have Been Integrated Into Workshop Materials
Confidential
Solution Selling® Tools Build Upon The Professional Selling Skills® Foundation
PSS® Step Ways To Enhance PSS®
OPEN• Use a crisp positioning statement as part of the open• Use a reference story as part of the open to get the
customer talking about pain
PROBE
• Make sure pain is admitted early in the probing process
• Target questions and probes around the reasons for the customer’s pains
• Use ‘drill down’ questions and probes to get to value
SUPPORT
• Align Support Statements with the reason for the customer’s pain
• Craft Support Statements in a Capability Vision format
• Craft Support Statements with Office Depot differentiators in mind
CLOSE• Document next steps in a Next Steps
Communication
The Professional Selling Skills® Need Satisfaction Selling Process resides within the ‘Diagnose’ step in the new Office Depot Sales Process
Confidential
Implementation Timeframe
Going Forward Actions Timeframe
Schedule Workshops Q4 – 2009
Collect Metric Baseline Q4 – 2009
Conduct Manager Training Q1 – 2010
Conduct Seller Training - TDM Workshops - Global/Major/Public Workshops
Q1 – 2010
Conduct Train The Trainer Q1 – 2010
Begin Reinforcement Q2 – 2010
Page 13
Confidential
Tier Type Item Measured Examples Characteristics
1 Reaction
Opinions of participants about the Training Event.
“Smile Sheets”- Post Session Evaluations
Easiest To measure Quickest Feedback Lowest Cost Least long-term insight
2
Skills and Knowledge Learned
by Participants
Pre-class and Post-class testDemonstration in Case Studies
Easy to administer and moderate Can be part of the instructional
design More predictive value
3 On Job Application
On-the-job Behavior Changes
Activity Metrics: Number Of Calls Number Of Trips Seller Utilization
Difficult to observe and quantify Measurement process may affect
outcome of sales interactions Requires managers’ participation Many dependencies
4 Pipeline Impact
Measurement of Pipeline Metrics
Improvements in: Number of Deals Win Ratios Average Deal size
Easy to measure, due to information available in CRM systems
Difficult to link business impacts to behavior changes
5 Business results
Measurement of Financial Metrics
Improvements in: Revenue Cost of Sales Profitability ROI Analysis
Easy to observe or calculate from typical business reports
Difficult to trace correlation of improved results to training
Many dependencies
Understanding
SPI Uses a Five Tier Model To Classify Types Of Metrics
Confidential
Primary Measurement And Reinforcement Activities
• Monthly Re-Enforcement Training (eLearning Based)• Coaching Sessions With Managers (RPM Enabled)• Quarterly Webcasts• Formal And Informal Skill Gap Surveys• Metric Analysis
– Process Adoption - Number of Evaluation Plans
– Pipeline Metrics
• Number of Opportunities Per Seller
• Average Size of Opportunity
• Deal Win Rate
Page 15
Confidential
Keys to Driving a Successful Global Transformation Initiative - 20 Years of SPI Experience
A Well Thought Out Communication Plan To Establish Expectations At All Levels Of The Organization
A Quick And Thorough Deployment Approach To Shorten Time To Attain Common Language And Focus
Top Down/Bottom Up Use Of First Line Managers As Change Agents And Field Evangelists
Management Adoption Focus To Change Behavior Formal Skill Gap Analysis To Drive Focused Re-enforcement Training Creative and Constant Re-Enforcement Training To Improves Sales Skills Complete Organizational Commitment To Transformation
Confidential
APPENDIX
Page 17
Confidential
What others are saying about SPI…
Hitachi Data Systems
“As Hitachi Data Systems succeeds in establishing itself as a world-leading solution-centric company, Sales Performance International plays an important role in our transformation. I'm impressed with SPI’s ability to deliver high-quality sales performance services rapidly, and on a global basis. In just a month, SPI helped more than 1,000 Hitachi Data Systems professionals improve their selling capabilities through specialized training and consulting services all over the world, in seven languages.”
Dave Roberson, President and COO Microsoft
“We have put the principles of Solution Selling at the very core of our selling process, helping all of our 5,000 sales professionals and thousands of Microsoft business partners consistently apply proven sales principles to make a real difference to our customers and meet their expectations.”
Kevin Johnson, Co-President, Platform Products & Services Division
Confidential
Comment from Emerson
"We have used a large number of consulting and training organizations over the years and SPI has been the most professional in their approach to planning and implementation of a comprehensive sales development program. SPI was the only provider that listened carefully to our requirements. They learned how we operate and changed their materials and approach to incorporate our information. Our sales team has been really impressed with the extent of knowledge and understanding that SPI exhibits. We felt like we were SPI's most important client throughout the process. I have polled several of our managers and they have consistently been delighted by the professionalism that SPI exhibits." Steve Loranger, VP Global Business Development