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Do our systems and processes support a high performance sales organization? Can we be more consistent with our sales process? How well are our salesleadership strategies aligned? Can we improve our pipeline and forecasting accuracy? Can we improve our sales culture? Can we improve ramp up time?
You may also be familiar with forecasted closing dates as “Hopeium.” Under the very best of circumstances, forecasting can still be incredibly difficult. However, some factors can help you dial in your salesforecast, moving you closer to what is true, even if you don’t like the truth your forecast reveals.
They do just enough for you to track sales, to manage opportunities and to provide a rough forecast. But, also like most sales organizations, when it comes to crunch time, when it comes to the end of the quarter, your pipeline fails you and you’ve missed your number again. Pipeline SalesLeadership'
Sales people see revenue projection in 4 ways. Forecast – The amount of revenue the organization/management budgeted for and expects to get. Commit – The amount of revenue the sales person tells management they ARE going to get. Actual – The amount of revenue the sales person actually gets in the end.
Just like real debt, there is a cost to debt and in sales it’s no different. It’s a Leadership Problem. Listen carefully, deal debt is a salesleadership problem, period! Deal debt is the symptom of a poor culture and poor sales management. doesn’t ensure there are solid deal strategies in place.
A few obvious things: A shitty sales team. The wrong sales people in the wrong roles. Poor salesleadership. Poor sales support. They can be used to drive “new” behaviors like improving forecasting accuracy. A good sales team comes to the table motivated. It could be a lot of things.
” I talked about how so few companies measure forecasting accuracy and why that is a mistake. In all my years of selling I’ve never worked for a company, nor consulted with a company that measured the average deal size AND managed its sales people to it. A while back I wrote about the “ Forgotten Metric.
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