tag:blogger.com,1999:blog-53270483245430130632024-03-19T06:03:47.877-07:00Thoughts on collaboration and the science of sales and marketingGregoryThoughtshttp://www.blogger.com/profile/12882119671330077455noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5327048324543013063.post-38947835819048146372012-08-17T08:58:00.001-07:002012-08-21T14:53:59.136-07:00Are social media teaching us how to do collaboration?<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhr3RpCdw41Ho8CGu61fR7gxLwvCUj0-9Ozpnhb5fsLDy02up6QoB064yTlirm7VuEaeJokT6qUm4xipZQELXRohyEIqL7HzVMTtJWQ4IqwvmptsBkZzjNxcyhMao3OXK2VLuz5c0VXwfU/s1600/Child+sitting+on+ball.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhr3RpCdw41Ho8CGu61fR7gxLwvCUj0-9Ozpnhb5fsLDy02up6QoB064yTlirm7VuEaeJokT6qUm4xipZQELXRohyEIqL7HzVMTtJWQ4IqwvmptsBkZzjNxcyhMao3OXK2VLuz5c0VXwfU/s200/Child+sitting+on+ball.jpg" width="170" /></a><span style="font-family: Verdana, sans-serif; font-size: large;"><span style="font-family: "Verdana","sans-serif"; mso-ansi-language: EN-GB; mso-bidi-font-family: Calibri; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;">What drives collaboration in business and why are most traditional
approaches to supporting it with technology doomed to failure? And is use
of social media mirroring the physical world or the other way around?</span></span><span style="font-family: Verdana, sans-serif;"><span style="font-family: "Verdana","sans-serif"; mso-ansi-language: EN-GB; mso-bidi-font-family: Calibri; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;"><br /><span style="font-size: large;">Includes discussion about social networking, social media, challenger sales, consultative
sales, solution sales, collaboration, global account management.</span></span></span><br />
<br />
<span style="font-family: Verdana, sans-serif;"></span><br />
<span style="font-family: Verdana, sans-serif;"></span><br />
<span style="font-family: Verdana, sans-serif;"><div class="separator" style="clear: both; text-align: left;">
<span style="font-family: Times New Roman;">
</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">JP
Rangaswami has been writing extensively over the last few weeks about the
nature of collaboration and the idea of the <a href="http://confusedofcalcutta.com/2012/05/30/thinking-about-the-big-shift-and-the-social-enterprise/" target="_blank">Social Enterprise</a>, a term used by Salesforce.com to refer to the use of social
networking style technology within companies and outside companies, with their
customers, suppliers, investors, alliance partners, future employees and so
on. The big prize here is enhanced collaboration, although there should
be other benefits also arising from the general use of social networking
connecting to the outside world, monitoring and influencing the way in which
customers and others talk about the company, its products, its customer
services etc., rather than simply being unaware and non-participative.<o:p></o:p></span></div>
<div class="separator" style="clear: both; text-align: left;">
<span style="font-family: Times New Roman;">
</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">I
have been trying to bring about collaboration for over 25 years, often out of
necessity in front of the customer and in all cases where I have been trying to
get a customer and a supplier to collaborate in the transfer of value that we
call commerce i.e. to get something bought and sold. In all cases I have
found it essential to understand the vested interests of the individuals
involved. On rare and sometimes unsettling occasions I have found that
people are acting for the greater good, for example for the company or for the
industry, but their personal investment in an initiative is likely to be
proportional to the amount of personal gain that they hope to get from
it. This personal gain may take many forms, such as some benefit gained
by a small tribe of people which they represent or the improvement of their
standing in a wider group. When these events are seemingly altruistic, it
makes me uncomfortable because it is so rare (see my comments on trust, below).<o:p></o:p></span></div>
<div class="separator" style="clear: both; text-align: left;">
<span style="font-family: Times New Roman;">
</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">During
a long career of numerous successes in complex sales, management and customer
relationships, an area conspicuous by failure has been my attempts to introduce
new tools to make internal collaboration work better in my own firms. I am
a long-standing believer in the idea that the most effective sales technique is
to make customers newly aware of problems or opportunities, to develop their
appreciation of the value of these in business terms before proposing solutions
that meet the needs. This approach, coined the <a href="http://blogs.hbr.org/cs/2011/09/selling_is_not_about_relatio.html" target="_blank">Challenger Sale</a> by authors Matthew Dixon and Brent Adamson is demonstrably superior to what has gone
before and must ultimately therefore become prevalent and ubiquitous to the
extent that the supply of sales talent able to use it, or organisational
structures and tools able to support the sales people, are limited. So,
I’ve forever been trying to implement the tool that will create synergy by
coaxing talented sales people, product managers, in-house consultants, far-sighted
managers, marketing people, pre-sales consultants, customer support people,
thought leaders and so on, jointly to craft and circulate those ideas and
customer challenges. This is no more relevant than in the world of
technology sales, where the technology can allow the customer’s business to do
something that it previously could not, and financial markets, where the name
of the game is essentially innovation and information management in the
handling of risk.<o:p></o:p></span></div>
<div class="separator" style="clear: both; text-align: left;">
<span style="font-family: Times New Roman;">
</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">So
the need is there but the solutions have been lacking. CRM tools in the
1980s and 90s were efficient ways of storing and retrieving detailed
information about customers and opportunities but anyone with the skills and
intelligence to be at the top of the sales tree saw the time to fill this stuff
in as a tax and the potential payback as nil or even negative: the risk of
others taking real insight and using it inappropriately was actually low but
seemed too large to accept given that there was little to suggest that there
was any upside. In any case, the focus of CRM systems was not on
innovation and recycling of great ideas relating to the customers’ marketplace.<o:p></o:p></span></div>
<div class="separator" style="clear: both; text-align: left;">
<span style="font-family: Times New Roman;">
</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">I
believe that this comes down to two fundamental facets of collaboration: trade
and trust. How many times have you asked someone for some information or
an opinion and received the response “Let’s set up a call to discuss it”?
In fact, why are our diaries packed with so many standing conference calls
which are, ostensibly, simply to collect a routine set of information? Occasionally
the preference for a call is self-management i.e. the individual knows that
they will not have the discipline to turn to this chore unless someone else
books an hour into their diary and makes them step through the process to get
the work done <i>in the meeting</i>. However, more often, I believe, this
is because we instinctively feel that we should try to get something instantly
in return from giving up some information, or else we worry about the context
of giving a written response and don’t yet know enough about the other party to
trust that they will act appropriately. So collaboration becomes a series
of transactions, or trades, starting with small gives-and-gets until trust is
established.<o:p></o:p></span></div>
<div class="separator" style="clear: both; text-align: left;">
<span style="font-family: Times New Roman;">
</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">Payback
in these small trades may take several forms such as information, insight,
ideas, commitment, physical help, exposure / further publishing or being
perceived to act in a certain way (development of a useful reputation).
Those of us who enter cautiously into the world of self-publishing (e.g.
through blogs) do so, mostly, with the expectation that we will gain exposure
and, potentially, establish a reputation for something. We go through the
difficult process of marshalling and refining our thoughts and setting them
into a well ordered article on a purely speculative basis in the hope that we
can prompt some form of feedback, validation, affirmation or at least
criticism. Because the potential readership is large, we feel it is worth
taking the risk that this investment may prove pointless because we may reach a
large number of people or alternatively a rare collection of people outside our
normal circle of acquaintances who share an interest in the subject matter.<o:p></o:p></span></div>
<div class="separator" style="clear: both; text-align: left;">
<span style="font-family: Times New Roman;">
</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">But
most people are not natural self-publicists - and there
is not much to entice them to overcome the barriers of the risk of being seen
as foolish and the substantial effort required to produce something
useful. Within a firm few people perceive any potential for payback from
contributing information to a collaboration-group outside of their face to face
teams. When I have a meeting with a friend or close business colleague I
can be confident that he or she knows about me and my interests and will
provide a valuable service of filtering out information that is not
relevant. A good example of this is the high value of <a href="http://www.blogger.com/blogger.g?blogID=5327048324543013063#editor/target=post;postID=876896073178283486" target="_blank">global account management</a>. There are several reasons why
global account management makes sense for some firms but chief among these is
that it enables the firm to come together better in front of the customer,
particularly in the arena of solution selling which combines pieces from
multiple parts of the firm. Sales people, by their nature or education,
tend to focus to the exclusion of other things on the risk trade-off associated
with hitting their target. They will often actively eliminate other
interference or distraction from the focal point, including anything which will
change the scope of the purchase, such as employing a truly consultative sales
approach. However, global account managers have something of value to
them for which it is worth trading some element of collaboration: they have
information, insight and access to more senior contacts. So it becomes
worthwhile spending time with global account managers directly and the global
account manager becomes a <i>de facto </i>solution sales channel. One of
the skills of global account management is to use this interaction to create a
more collaborative team approach to a sale, so the process starts with an
insistence on face to face meetings and telephone calls in exchange for the
passing over of some information.<o:p></o:p></span></div>
<div class="separator" style="clear: both; text-align: left;">
<span style="font-family: Times New Roman;">
</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div style="clear: both; text-align: left;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">In
any close physical group I can also maximise my opportunity for instant payback
and pick up on verbal or non-verbal clues that the members of the group expect
me to contribute more. Perhaps most importantly, the familiarity allows
us all to build up trust.</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">Trust
takes us through the lean periods. Previous experience gives us the
confidence to make contributions in the knowledge that a) we will eventually
get something in return and b) the others in the group will be predictable in
the way that they treat the contribution. For example they will not feel
inhibited about letting me know if it isn’t making sense to them and they will
not re-transmit the messages without ensuring that others understand the
context. I think this explains the enduring popularity of email. JP
Rangaswami feels that</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
</div>
<blockquote class="tr_bq">
<span style="font-size: x-small;">"E-mail has been the bane of collaboration, an
unfit-for-purpose tool that has often been used to accentuate and enhance
division and discord rather than collaboration. Yet for most people it is the
standard tool of collaboration" </span><a href="http://confusedofcalcutta.com/2012/06/04/on-collaboration/" target="_blank"><span style="font-size: x-small;">[confused of calcutta: On Collaboration]</span></a></blockquote>
<div style="margin: 0cm 0cm 0pt;">
<br /></div>
<div style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">In my view,
the tool you know how to use is often the best one for the job. We are all comfortable
with the subtleties of email etiquette. Of course it's based on trust that the
others in the closed group (the recipient list) have a similar level of
understanding of the importance of, say, not forwarding text which contains
comments that could be dangerous when taken out of context. So to me,
this is the first hint that virtual collaboration is starting to inform real
life behaviour.<o:p></o:p></span></div>
<br />
<div style="margin: 0cm 0cm 0pt;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiypRtSvdjR-OAl1Czl9rNCAFjwXJucIikYOQ6psg-A9_oVsL7Tsc8ex8EkSlSD7bpwqzYUc6tg5aAwluwX9ka5MZrpmco8iAq9r3dg5kXfCZ_IKek-xvIP0nJ1EdV-6vVaH12RSR9H5m0/s1600/the+promise.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiypRtSvdjR-OAl1Czl9rNCAFjwXJucIikYOQ6psg-A9_oVsL7Tsc8ex8EkSlSD7bpwqzYUc6tg5aAwluwX9ka5MZrpmco8iAq9r3dg5kXfCZ_IKek-xvIP0nJ1EdV-6vVaH12RSR9H5m0/s200/the+promise.jpg" width="150" /></a><span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">Trust
is about being predictable. I don’t need to believe that you are going to
look after my best interests, I just need to know that you will react in a way
that I can predict. Rangaswami points out that <a href="http://confusedofcalcutta.com/2012/06/04/on-collaboration/" target="_blank">“taking the bullet for the team"</a> is no longer a sensible action at
work because the payback is no longer reliable: the institutional memory of
firms have been destroyed by job turnover and lack of employer and employee
loyalty. Therefore we’ve seen the growth of networks of contacts that
transcend the firm which have a higher allegiance value than the firm
itself. These networks, collections of friends and ex-colleagues, often
spread about geographically, are well served by the tools of social media.</span></div>
<div style="margin: 0cm 0cm 0pt;">
<br /></div>
<div style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">So
is it really futile to try to apply tools to engender enterprise collaboration
for the difficult stuff (cross-functional and fluid, fast-moving initiatives
that create real value for customers and stakeholders)? My hypothesis is
that the times are changing and the trend is positive.<o:p></o:p></span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5RyDtfnt5yJTUAswkvsJAAYjaqJxz-lEGB4VFzPI_EEonjOiIwnb_7hGXHTdK2DLNhQ0dXrPuVLscKPHZjMS-MKFfM6AXSd4VymLf9YUr4qAsO6Ak8kPCyPpWg0y7jklI0MFwHg1qQlg/s1600/iPhone.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5RyDtfnt5yJTUAswkvsJAAYjaqJxz-lEGB4VFzPI_EEonjOiIwnb_7hGXHTdK2DLNhQ0dXrPuVLscKPHZjMS-MKFfM6AXSd4VymLf9YUr4qAsO6Ak8kPCyPpWg0y7jklI0MFwHg1qQlg/s200/iPhone.jpg" width="106" /></a><span style="font-family: "Verdana","sans-serif"; font-size: 10pt;">Computer
games have had a number of positive and unexpected effects on modern
society. Not only have they turned out to be a positive force for keeping
young minds engaged and active, as opposed to passive pastimes such as watching
television, but also they have built into every young person in the land the
model that says if you want to get rewarded then you have to work your way up
to the next level. Also, if you want to get to the next level then you
must persevere in the face of adversity at this level and explore all the
options of how to move on. I present this point as an analogy: ask any person
under 25 about social networking and they will probably explain that they have
been using Facebook, Twitter and a myriad other chat forums and virtual
community tools since they were eleven and nowadays that they often have them
all integrated, including LinkedIn.</span></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<br /></div>
<div class="separator" style="margin: 0cm 0cm 0pt;">
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt;"></span><span style="font-family: "Verdana","sans-serif"; font-size: 10pt; mso-ansi-language: EN-GB; mso-bidi-font-family: Calibri; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;">I
believe that this familiarity with social media and the looser risk / reward
experience, combined with the rising importance of networks beyond the firm,
means that the community of people that makes up the majority in commercial
enterprises is becoming progressively more inclined to collaborate on a
speculative basis and with people beyond our normal community of trusted
individuals. In effect, the experience of social media tools is teaching
us how to collaborate more.</span></div>
<br />
<span style="font-family: "Verdana","sans-serif"; font-size: 10pt; mso-ansi-language: EN-GB; mso-bidi-font-family: Calibri; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;">Greg Caldwell</span><br />
<div class="separator" style="clear: both; text-align: left;">
<br /></div>
</span><br />
<div class="separator" style="clear: both; text-align: left;">
<span style="font-size: x-small;"><br />
</span></div>
<br />
<br />GregoryThoughtshttp://www.blogger.com/profile/12882119671330077455noreply@blogger.com1tag:blogger.com,1999:blog-5327048324543013063.post-8768960731782834862012-06-07T14:27:00.001-07:002012-08-21T14:52:07.410-07:00Global Account Management for Systems Vendors<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3vBNTPli5yogpJx-wjS5lVwiX4xe9jHBuFs1VfqaB6mJpcsiGAllY0uRLMlDRBLejtHtJtCsFMYlUeoNMr2PZP7QYHDVDDqw0QOgi8chfPe50J-CRnvLsnrGrMi4-Pg2w7JCtdzo7eo0/s1600/v3.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3vBNTPli5yogpJx-wjS5lVwiX4xe9jHBuFs1VfqaB6mJpcsiGAllY0uRLMlDRBLejtHtJtCsFMYlUeoNMr2PZP7QYHDVDDqw0QOgi8chfPe50J-CRnvLsnrGrMi4-Pg2w7JCtdzo7eo0/s1600/v3.jpg" /></a><span style="font-family: Verdana, sans-serif;">Global Account Management, including reference to challenger sales, consultative sales, solution sales, collaboration and technology vendor marketplace.</span><br />
<br />
<span style="font-family: Calibri;"><span style="font-family: Georgia, "Times New Roman", serif;">S</span>ales people have the greatest direct influence on the success or failure of most business to business commercial organisations and many of us have spent uncomfortable hours agonising over what it is that really makes our revenue grow and how best to organise in order to make optimum use of what may be the most significant single line in the expense budget. </span><br />
<br />
<span style="font-family: Calibri;">Having worked in sales and sales management for over 25 years in systems and services providers to the financial markets industry I feel able to give well considered opinions on this subject and have prepared a presentation which sets up a potentially valuable dialogue for a CEO or COO considering the pros and cons of a global account management function.<span style="mso-spacerun: yes;"> </span>This is intended to rationalise and crystallize the thinking which emerged from direct experience of successes and failures and to ‘showcase’ my own ability to develop and run a global account function as part of the senior management team of your company.<span style="mso-spacerun: yes;"> </span>To that end the points I make are ‘stubs’ for potentially longer conversations and while my general view is that a well integrated global account management function will add huge value to many organisations, it has to be implemented properly otherwise a lot of money may be wasted.</span><br />
<br />
<span style="font-family: Calibri;">Some of this is subtle and specific to your company’s situation.<span style="mso-spacerun: yes;"> </span>For instance, what happens if you say that you want feedback from your top customers to influence the direction of your company but don’t do anything formally to link the top account managers to the product management or to the board?<span style="mso-spacerun: yes;"> </span>In this example the impact will depend upon the weight of importance you really lay on that piece of the jigsaw and also a number of softer factors such as what type of people you have in the global account management role and the way they are incentivised: they may make it happen anyway.</span><br />
<span style="font-family: Calibri;">In its best form a global account management function could be thought of as an extension of the CEO’s office.<span style="mso-spacerun: yes;"> </span>The CEO represents the whole company, without prejudice or allegiance to certain product lines, thinks globally and more strategically than most of his/her employees, has real empathy with the priority list of the larger customer senior management, is more likely to be focussed on defending trust and longer term relationship development and is inherently more entrepreneurial.<span style="mso-spacerun: yes;"> </span>The good news is that there are inherent synergies in a global account management function because the upgrading of the level of individual on both sides of the customer conversation leads to various types of payback, in addition to the benefits which are specific to global account coverage.<span style="mso-spacerun: yes;"> </span>In other words, going for global account management comes with the side benefit of having more senior sales people, who act like they are an extension of the CEO.</span><br />
<br />
<span style="font-family: Calibri;">The presentation is typically an hour of conversation walking thought a deck broken down into the following agenda items: 1) What is global account management; 2) Payback; 3) Goals; 4) Issues; 5) Best approach; 6) Timescales; 7) Practical first steps.</span><br />
<br />
<span style="font-family: Calibri;">Among the points I cover are the following.</span><br />
<br />
<div class="MsoListParagraphCxSpFirst" style="margin: 0cm 0cm 0pt 36pt; mso-list: l0 level1 lfo1; text-indent: -18pt;">
<span style="mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;"><span style="mso-list: Ignore;"><span style="font-family: Calibri;">-</span><span style="font-size-adjust: none; font-stretch: normal; font: 7pt/normal "Times New Roman";"> </span></span></span><span style="font-family: Calibri;">Goals of the global account management function include innovation with customers, synergies across products lines, finding economies of scale, locking out competitors, more senior access / engagement, countering the perception that the company is just a portfolio.</span></div>
<br />
<div class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 0pt 36pt; mso-list: l0 level1 lfo1; text-indent: -18pt;">
<span style="mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;"><span style="mso-list: Ignore;"><span style="font-family: Calibri;">-</span><span style="font-size-adjust: none; font-stretch: normal; font: 7pt/normal "Times New Roman";"> </span></span></span><span style="font-family: Calibri;">Best approach includes building it into the culture early, the right compensation plans, authority, senior management sponsorship / participation, right geographical coverage, people who can cope with the entrepreneurial opportunities with customers.</span></div>
<br />
<div class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 0pt 36pt; mso-list: l0 level1 lfo1; text-indent: -18pt;">
<span style="mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;"><span style="mso-list: Ignore;"><span style="font-family: Calibri;">-</span><span style="font-size-adjust: none; font-stretch: normal; font: 7pt/normal "Times New Roman";"> </span></span></span><span style="font-family: Calibri;">It is a formalisation of a much more strategic form of sales and everyone else is doing it in some form: it’s easier to build it in early than retro-fit it.</span></div>
<br />
<div class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 0pt 36pt; mso-list: l0 level1 lfo1; text-indent: -18pt;">
<span style="mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;"><span style="mso-list: Ignore;"><span style="font-family: Calibri;">-</span><span style="font-size-adjust: none; font-stretch: normal; font: 7pt/normal "Times New Roman";"> </span></span></span><span style="font-family: Calibri;">Issues include perception of a ‘tax’ on the business lines, cost of adapting the reality of the company to meet the vision the customers demand, dealing with customers’ increased price leverage, making sure the GAMs can add value while being jacks of all trades, handling the entrepreneurial opportunities that arise without upward delegation of everything to the CEO (who is probably already pushing the boundaries of the 24 hour limitation on the working day).<span style="mso-spacerun: yes;"> </span></span></div>
<br />
<div class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 0pt 36pt; mso-list: l0 level1 lfo1; text-indent: -18pt;">
<span style="mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;"><span style="mso-list: Ignore;"><span style="font-family: Calibri;">-</span><span style="font-size-adjust: none; font-stretch: normal; font: 7pt/normal "Times New Roman";"> </span></span></span><span style="font-family: Calibri;">Growth is net: 5% erosion saved, plus 5% new business gained is 10% of the relevant revenue, which could be 10% of half your annual turnover.<span style="mso-spacerun: yes;"> </span>Even very conservative numbers usually still make sense.</span></div>
<br />
<div class="MsoListParagraphCxSpLast" style="margin: 0cm 0cm 10pt 36pt; mso-list: l0 level1 lfo1; text-indent: -18pt;">
<span style="mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;"><span style="mso-list: Ignore;"><span style="font-family: Calibri;">-</span><span style="font-size-adjust: none; font-stretch: normal; font: 7pt/normal "Times New Roman";"> </span></span></span><span style="font-family: Calibri;">Innovation and disruptive ideas need to be qualified and managed at the lowest possible level in the company.</span><br />
<br />
<span style="font-family: Calibri;">Greg Caldwell</span></div>
<br />
<a href="http://www.ontoplist.com/" target="_blank" title="Online Marketing"><img alt="Online Marketing" border="0" src="http://www.ontoplist.com/images/ontoplist31.png?id=5033c14f4cbcf" /></a><br />
Add blog to our <a href="http://www.ontoplist.com/blog-directory/" title="blog directory">blog directory</a>.<br />
<br />
<br />
<br />GregoryThoughtshttp://www.blogger.com/profile/12882119671330077455noreply@blogger.com1London, UK51.5081289 -0.12800551.350006900000004 -0.443862 51.6662509 0.187852