Posts Tagged ‘measurement’
Friday, July 18th, 2008
Applying the Theory of Constraints to the design, resourcing and management of the sales process [Presented at: TOCICO Conference, Miami 2004] Introduction The traditional sales process is hard to manage and all but impossible to scale. This paper introduces a radical new approach to sales process design, resourcing and management. The result of this approach [...]
Tags: measurement, opportunity management, relationship acquisition, sales, sales process, throughput, toc
Posted in Applying Sales Process Engineering | 1 Comment »
Wednesday, July 16th, 2008
If you’re struggling to multiply the effectiveness of your sales process, I challenge you to take a wide-eyed stroll around a modern manufacturing facility. I’m betting that, among the noisy machines, the intimidating technology and the strange sights and smells of production, you’ll find plenty of inspiration for optimising the design and management of your [...]
Tags: constraint, measurement, sales process
Posted in Applying Sales Process Engineering | No Comments »
Tuesday, July 8th, 2008
From time to time, I come across managers who battle valiantly and unflinchingly to accomplish what appears to be downright impossible. To their credit, these noble individuals manage to notch up occasional successes! I even see entire businesses that owe their existence to the belief that, with enough passion, determination and brute force, miracles can [...]
Tags: competitive advantage, flawed logic, measurement, relationship acquisition, sales process
Posted in Measures and General Management | No Comments »
Tuesday, July 8th, 2008
Following is the sad story of the entrepreneurial Harry Edgecliffe and his ruthless competitor Spot Pet Foods. Although neither Harry nor Spot exists, their tale provides a number of invaluable lessons for all marketers. Harry Edgecliffe is not a happy man! In recent months, the business he toiled for so many years to build has [...]
Tags: competitive advantage, flawed logic, measurement, promotions, relationship acquisition, sales process
Posted in Generating Opportunities, Measures and General Management | No Comments »
Tuesday, July 8th, 2008
Now here’s a tough one … What would you do if you were providing a service that appeared to be identical to the service offered by your competitors – in spite of the fact that yours was clearly the superior offering? That was the problem faced by a large commercial cleaning contractor with whom I [...]
Tags: competitive advantage, flawed logic, measurement, promotions
Posted in Measures and General Management | No Comments »
Monday, July 7th, 2008
Few suggestions inflame passions faster than the suggestion that performance pay be abolished. It’s our contention, nonetheless, that, in an ideal environment, commissions and bonuses are likely to be in conflict with the goal of the organisation. Of course, traditional sales processes are not ’ideal environments’ and, as such, the traditional sales process serves as [...]
Tags: commission, measurement, salespeople
Posted in Measures and General Management | No Comments »
Monday, July 7th, 2008
If I had a dollar for every time someone asked me what percentage of their sales they should be spending on advertising, I’d be writing this column from Aspen! Problem is, it’s simply the wrong question to ask. And I’ll show you why… Let’s assume that the objective of your advertising is to generate sales. [...]
Tags: measurement, opportunity management, promotions, relationship acquisition, sales
Posted in Generating Opportunities, Measures and General Management | No Comments »
Monday, July 7th, 2008
If you have a salesperson, I challenge you to try this simple ‘time and motion’ study. Follow her around for a week and take note of the different activities in which she engages – and the percentage of her working hours that are devoted to each. My guess is that you’ll discover something like the [...]
Tags: measurement, sales, salespeople
Posted in Measures and General Management | 1 Comment »
Monday, July 7th, 2008
Human brains are well suited for some tasks, and poorly suited to others. Our grey matter excels at creative pursuits, but it’s easily stumped when it comes to even the most rudimentary logic. We are reminded of this regularly when we talk to subscribers about their management of promotional expenditure. Almost without exception, we find [...]
Tags: measurement, promotions
Posted in Measures and General Management | No Comments »
Monday, July 7th, 2008
Imagine what you would say if your production manager attempted to justify the purchase of a new piece of capital equipment by arguing that the lease payments will bring you in line with industry benchmarks for capital expenditure! I’m guessing that you wouldn’t appreciate the employment of such irrational thinking to the purchase of machinery. [...]
Tags: measurement, promotions, relationship acquisition
Posted in Measures and General Management | No Comments »
Recent Comments