BizSphere
Solution
Services
BizSphere AG
BizSphere Blog

Knowledge Management, Sales Enablement, IT trends & innovation


Archive for the ‘Sales 2.0’ Category


I’m honoured that focus.com has asked me to be one of their experts. Today, I answered the following question on focus.com:

Is sales training a component of sales enablement?
Are sales enablement or sales training two different groups are they part of the same?

Here is my answer:

Sales training is without a doubt a very important component of sales enablement. In most enterprises there is no shortage of sales training. However, in order to really enable sales people and to protect them from information overload a proper sales enablement approach would align people, processes, content, and technology to answer…

…which sales training is best (maybe based on ratings)?
…what is the most current and what needs to be updated?
…which formats are available?
…in which languages is it available?
…for which customer needs, industry verticals or countries / sales regions is customized training available?
…what are the cross-selling, up-selling, etc. opportunities that need to be kept in mind?
…who are the specific subject matter experts and how can they be contacted?

If you present your sales training in these different dimensions and make it easy to find for each product, service or solution, your sales force will start to save time, have better informed meetings, win more often and increase the average deal size.

By mapping your sales training as described above and tracking ratings, downloads and search queries you will be able to identify gaps and see which of them are the most important to focus on. By allowing comments and user generated content, you will crowdsource a lot of valuable insights from the field.

Best,
Paul


On May 26, 2010, Brian Lambert from Forrester Research wrote the blog post “What Changes are the Sales Team Facing – Right Now?”.

I would like to thank Brian, for bringing up the “change” subject. From my experience, being able to manage and moderate change is crucial for the success of any sales enablement initiative.

Let me give you one example from my time at Nortel. Back in 2006, the company had decided to become a services and solutions company – like many other tech firms before. Now, on the one hand we were facing the challenge of defining a solutions portfolio connected to the already existing products, on the other hand thousands of box selling sales people needed to educated to become solution sellers.

One thing that helped us a lot was that we visualized the change for sellers. Executives often wonder, why people are not instantly getting how new structures are supposed to be working – what they forget is how long it actually took to agree on these new structures in the first place. So naturally, adapting to change needs time, but this can be supported, if the change of structures is not only communicated to but visualized for people leveraging inutive graphical navigation elements in the sales portal for example. During the Services and Solutions transformation this approach did help Nortel a great deal.

So, a bucket you might want to add to the change discussion is the bucket of visualization of change. Making changing structures, changing selling context tangible makes change efforts like new solutions launches more likekly to be successful.

Another interesting bucket might be the rapidly changing web and the impact on sellers and buyers – so called Sales 2.0. Only a few years back no seller would have thought that monitoring prospects on LinkedIn and Twitter for example will become key to sales success. Therefore, launching effective Social CRM tools for sellers aligned with the existing sales process will become an important change initiative for sales organizations.


On September 7, 2010, Eric Nitschke (Launch International) asked the following questions on the LinkedIn Group Sales Enablement Content. Please see my response below.

“Sales Enablement: Where does it live?
Several clients have asked us for best practices in sales enablement – specifically who owns it?

I’d support our marketing colleagues who are trying to align selling messages with product positioning and messaging documents. Others on the training side would say that their training materials are the baseline for sales enablement. Finally, the “sales enablement automation” crowd would claim ownership of the process and fulfillment of sales enablement materials on their web-based or internally-hosted portals.

So I ask YOU – learned Sales Enablement Content Group members: Where does Sales Enablement live?”

Coming from the point of view of someone providing web-based or internally-hosted portals for Sales Enablement, I would not claim ownership. All stakeholders like product marketing, training, CI/MI, the teams for pricing and ROI / business case calculations, the customer reference database, corporate branding, MarComs, etc… should be invited… invited to house their content and – just as important – their contact details in that one joint portal.

A portal… not for the sake of the technology or to have yet another portal… but… a portal to let all these stakeholders see which of their content works and which doesn’t (also which content is missing and which gets insightful comments as a feedback loop from the field or the channel back to corporate).

When there is this one interface that cuts across all team sites and the silos the many regional or functional groups might have built with SharePoint or LiveLink or any of these solutions, your sales people and channel partners can – for the first time – see what is available for the given sales situation they are in. None of the stakeholders “owns” this more than the others and the portal just helps to filter by sales step, region, industry vertical, content type, etc… to make visible whether the sale is being enabled or specific content and contacts are missing.

matrixed organizations
The single biggest complaint about Sales Enablement, I hear from sales people is missing content… content that is more specific than the generic pitch. A portal, that comes along with all stakeholders agreeing on content governance, a life-cycle duration for the content and responsibilities to respond to feedback & requests, will first of all make these gaps painfully visible and then guide the content planning to invest marketing’s dollars as effective as possible.
To come back to your question, in some organizations it might be the CMO and in others the sales leader or portfolio manager – who is the executive sponsor, who aligns all the stakeholders to feed the new portal and shut down the old ones.

Just a few days ago Joe Galvin from Sirius Decisions wrote about how important Social Media – as an approach for better internal collaboration – is as part of a Sales Enablement strategy. I think he is absolutely right. What used to be the informal coffee corner chat before nowadays is mimicked in Social Media platforms. Over time, people will learn that even within an enterprise the sharing of information is beneficial for everyone in the end. Yes, there may be a lot of sceptics around, especially in sales teams, but with the right programs and incentives offered, they will make the jump to the new social collaboration paradigm.

However, the flip side of extensive social collaboration might be the appearance of new information silos as well as growing information overload. Without the social collaboration being moderated to a certain extend, it might lose some of its potential impact on the overall performance of the sales teams. Aaron Roe Fulkerson discussed this in a recent blog post: “The importance of context: why Enterprise 2.0 still fails to deliver value”.

semantic web 3.0 BizSphere Knowledge Management methods

A company might use a lot of different types of social collaboration platforms – the challenges is: How can they be orchestrated in a way, that actual knowledge exchange is taking place across existing team and functional structures? And how can the content generated be aligned to some generally agreed upon enterprise structures? What companies, that are serious about implementing a Social Media strategy for sales, should think about, is to create and maintain an enterprise context. Then collaboration can take place within this context and will add greater value to a broader audience. Ideally, the enterprise context should constantly evolve based on feedback gathered during the ongoing social collaboration (for example as shown below).

Enterprise 2.0 with BizSphere

Best regards,
Matthias Roebel


information overload

In the February 2010 issue of CRM magazine Christopher Musico looked at ‘Sales Enablement Tools’. The article is great to begin the Sales Enablement conversation:

Sales Enablement Tools – Make the Selling Simpler: Organizations want sales reps to have access to the right information at the most critical moments

Sales professionals should have the world at their fingertips, thanks to netbooks, laptops, smartphones, and the ubiquity of cloud-based data. And yet pundits and executives alike say the same basic challenge endures: the lack of personalized, targeted information.

[...] Michael Gerard, vice president of the sales advisory practice at IDC. “It’s the most basic things. Reps are having a difficult time having a fluent conversation with the customer, and that gets into knowing who [she] is, about [her] company, what products [her] company may or may not have already purchased.”

This is the sweet spot for sales enablement—defined by IDC as “the delivery of the right information in the right format to the right person at the right time and in the right place to assist in moving a specific sales opportunity forward.”

Whilst we couldn’t agree more with this definition of Sales Enablement we like to see “…in the right format…” added into that definition above. One of our YouTube videos explains what we mean by that.

“Scott Santucci, senior analyst at Forrester Research, says he’s seen an explosion of interest in this area over the past year. As with any technology, however, those rushing to buy the hot newness without first establishing a clear strategy are doomed to fail. It’s not that there’s a lack of information—far from it. Instead, it’s hard to wade through the sheer tonnage of information and determine what’s up-to-date, relevant, and in a form amenable to the particular sales conversation. “It’s a very simple, yet really complicated problem,” Santucci says.

IDC’s Gerard says the first step is to figure out who owns sales enablement in your organization. While the prevailing view has the niche bridging both sales and marketing, no one seems able to agree on exactly who owns which pieces of the pie. [...]”

These are nuanced problems, and Santucci says each of the relevant vendors—including BizSphere, iCentera, Kadient, and Savo Group—cater to slightly different problems. [...]

Santucci says that BizSphere is a relative newcomer to this space, but tackles a more-ambitious problem. “Imagine a large company that can sell different combinations of products and services, and organize things in a variety of different hierarchies,” he says. “If we were calling on a c-level person about [her] particular business problem, it could span across multiple product lines. If you talk to a manager-level person, you may only talk about one particular product. How do we build a taxonomy that allows us to cascade and work within that complex an infrastructure? That’s what BizSphere does. [...]”

BizSphere AG agrees with Scott Santucci that different companies need different Sales Enablement solutions and we like to think of ourselves as the Sales Enablement solution for the large global B2B enterprise with our experience at Fortune 500 companies like IBM and Nortel, since the year 2006.

“These vendors offer on-premises and software-as-a-service (SaaS) models—and CSO Insights Managing Principal Jim Dickie says the SaaS option is growing in popularity, in part because those prices range between $40 and $100 per sales professional per month. That model, he adds, is an easy way for sales executives to test if sales enablement can fix a particular problem. If it does, expect sales folks to take more ownership—literally. “You’ll see people start off with SaaS, but if they decide to use it long-term, they’ll convert over to perpetual license,” Dickie says. [...]

BizSphere AG’s Sales Enablement solution is available as on-premises or SaaS.

BY THE NUMBERS

  • $135,262 is spent, on average, in support costs per year for each salesperson.
  • 7 hours per week is what the average salesperson spends looking for relevant information to prepare for sales calls.
  • 50 percent of the information is pushed through email.
  • 10 percent is “made available in a useful format.”

Source: Forrester Research & IDC Sales Advisory Service
[...]“

On 2/4/2010, Tamara Schenk @tamaraschenk (T-Systems International GmbH, Portfolio & Offering Management, Head of Special ICT Innovation Projects) posted a great comment on the article mentioned above:

Christopher, thanks for this great summary – spot on!

The discussion on “who owns sales enablement” is really interesting – from my point of view this question brings as back to the “functional silos”. Didn’t we want to overcome the functional silos by implementing sales enablement? We had a similar discussion when we started our sales enablement project. Now we have a cross-functional team which is lead by portfolio & offering management, in our approach the “backbone” of sales enablement.

You hit the nail on the head with your characteristics of the here listed vendors (there are a few more with interesting, solutions for special needs…). If an organization has a complex offering portfolio with different kinds of relationships within the portfolio you will need a lot of taxonomy features – but make sure that your first step is the consolidation of your portfolio and the second step is implementing sales enablement, including working on content quality, governance, processes, change management etc. The better you design the portfolio structure the easier you can analyze the content quality later on. From our experience that’s one of the critical success factors – and the other one is change management – how do I motivate sales reps to use the sales enablement platform and to use the collaboration features? Communicate, communicate, communicate… and you could give the sales user groups the responsibility for a successful change!

The objectives of sales enablement initiative could be different, e.g. one collaboration platform instead of ten different portals, get consistent messages, optimize go-to-market, deliver right information to the right person at the right time and in the right place, break functional silos, reduce applications, reduce ramp-up time for new hires, improve sales efficiency etc. All objectives should be aligned to one common understanding: “Sales is the customer”!


Follow us:

Copyright © 2012 BizSphere AG | www.bizsphere.com | Imprint and legal aspects
BizSphere, MySphere, ExpoSphere and ContentNuggets are Trademarks of BizSphere AG, © 2012 BizSphere AG