Sales

September 08, 2008

Great Sales Performance Management - Incentive Comp Blog

Money2 LeapComp is a blog run by Julien Dionne who has done a myriad of projects for lots of different companies.

Two posts I really liked:



September 05, 2008

Performance Management Lessons from Bill Belichick

Belichick_Players Oh yeah!  Football season starts this weekend.

Thinking about it reminds me of a recent article about Bill Belichick and training camp.

The article contains some relevant lessons for sales and service execs who want to get the most from their teams:

  • Training Camp Lessons Pay Regular Season Dividends - Belichick drills his players on situations they might encounter during the season.  When game time rolls around, they've "seen it before."  Do you give your supervisors the time, training and tools to role play with your customer service and sales employees so that they are successful during those "moments of truth"?  Or do you simply react to the volume work and live with the repeat calls, missed sales opportunities and dissatisfied customers?

  • Treat Different Players Differently - Belichick gives veterans extra rest and rookies extra repetitions.  Do you focus your coaching and development efforts on employees with the most potential to improve?  Or does everyone get one coaching session a month regardless of how they perform?
  • Create a Culture of Continuous Improvement - Belichick measures everything.  He knows every stat for every player and unit.  He knows specifically when they're improving or declining.  So do his players.  As a result, there are many smart players on the field.  And he rewards and recognizes the team for superb execution.  Can you say the same about your team's approach?

In 9 seasons under Belichick, the Patriots' record speaks for itself:

  • 7 playoff appearances
  • 6 division titles
  • 4 Super Bowl appearances
  • 3 Super Bowl wins

GO PATS!

September 02, 2008

Free Webinar: The Value of Sales Performance Management (9/4 at 12pm ET)

DrEvil Did you know that the average organization overpays incentive compensation by 5-12%?

So, on a $10-15M budget, overpayments could equal one...million...dollars (insert evil laugh here).

If you're responsible for getting the most out of a large sales force or managing incentive comp for them, then this is for you....

Merced Systems is offering a free webinar on Thursday, September 4th at 12pm ET:

The Value of Sales Performance Management

July 15, 2008

Bad Apple

Apple_Core There's been a ton of news on how Apple blew the recent launch of its new 3G phone...shortages, long lines, service meltdowns, etc.  I won't rehash it here.

If you have a hot, new and scarce product or service, take some advice from Seth Godin

Even if you don't, he has some good ideas for simply treating your best customers with respect.


July 02, 2008

Hiring 'A' Players for Service & Sales

Tom_Brady Service Untitled brings us a good post about Topgrading, a technique used by companies like GE and Microsoft to hire 'A' players.

If your sales or service organization has low performance and high attrition, it's definitely worth a look.


June 16, 2008

Cisco Telepresence and Customer Service

The following video shows Cisco CEO John Chambers  (who is in Bangalore, India) sharing the stage with a holographic Cisco SVP of Innovation Marthin De Beer (who is in San Jose, CA...8,785 miles away).


WOW!

As a salesperson, I can see the immediate benefits. 

70% of all communication is visual.  Facial expressions, body language and gestures are more important than words.  With telepresence, I can be there with my customers without actually being there...and save money and time by not traveling.

But can you imagine this type of technology in the hands of customer service? 

Imagine one of your reps can be in the same "room" as one of your customers.  Think of how they can solve problems together when they can both see the same things...and each other.

Imagine when this technology becomes cheap enough for all of us to afford it.

June 14, 2008

Free sales and customer service webcasts with Dell, American Express and more

Champion_kid Merced Systems provides sales and service performance management software solutions to large companies in the financial services, healthcare, insurance, telecom and high tech industries.

Register for some of the really useful web seminars they are hosting:

  • 6/19 - The Value of Sales Performance Management
  • 6/19 - Use Performance Coaching to Drive Your Key Metrics
  • 6/26 - The Value of Sales Performance Management
  • 7/16 - Boost First Call Resolution in Your Operation
  • 8/13 - Reduce Operating Costs without Impacting Quality or Customer Experience
  • 9/24 - The Economics of Coaching
  • 10/15 - The Bottom Line: The Need to Improve Customer Service

You can also view some past webcasts by Merced customers Dell, American Express, DishTV, Carlson Travel and UnitedHealth Group.

April 20, 2008

Story of Stuff

Story_of_stuff Have you ever wondered where all the "stuff" you buy comes from? 

And where it goes? 

And how it affects your and your family's health and happiness?

The Story of Stuff is the most eye-opening things I've seen in a while.

After you watch it, spend one day noticing what you, your families and your co-workers eat, drink, crave, buy, own and throw away.

It's hard to live the same way again, isn't it?

March 19, 2008

The End of Customer Service

Hammock Time Magazine's recent issue covers 10 Ideas That Are Changing The World.

Idea #2, The End of Customer Service, says that "with self-service technology, you'll never have to see a clerk again."

I'm an independent, time-crunched, reasonably tech-savvy individual, so I love self-service done well:

  • Airlines that let me choose my seats, print my boarding pass and head straight to the gate
  • Rental car agencies that let me bypass the rental counter and drive away
  • Supermarkets that let me use handheld scanners to scan and bag as I shop

But I love no-service even more:

  • Paying my bills automatically by charging them to my Amex Card (earning more reward points)
  • Breezing through toll-booths without stopping while automatically charging my credit card

But sometimes I like high-touch service.  I don't want to learn about interior design.  So, my wife and I hired an interior designer to create a plan to decorate our home.  She asked us a few questions about our (ahem) style and then told us what to do and buy.  We did it and bought it.  Ta-da...nice house.

But I wonder someday if someone will invent an "interior design" service that knows my preferences, creates the plan, buys the stuff and has it delivered and installed. 

Even thought I liked the service the designer provided, I would still rather avoid the whole interaction.

Sounds far-fetched, doesn't it? 

Well, some of the self-service and no-service options sounded far-fetched at one point too.

If your customers would ultimately rather avoid interacting with your employees, what are you doing to provide self-service and no-service options? 

March 09, 2008

Customer Service: Cost Center or Profit Center?

Money Are you a customer service executive for a Fortune 1000 company?

Does your company have more than 1000 call center agents?

Do your customer service employees also sell? 

If not, are you thinking about asking them to sell?

If so, take Merced Systems' Service to Sales Best Practice and Benchmarking Survey.

You'll get the chance to benchmark your organization against other Fortune 1000 operations in these categories:

  • status of current service-to-sales programs
  • scope and challenges
  • supporting tools and processes