Not The Top 20 Attributes of Successful Salespeople

Posted by Dave Kurlan on Mon, Aug 01, 2022 @ 07:08 AM

bad-science

Several OMG Partners reached out to ask if I had seen the email that was circulating with the Top 20 Attributes of Successful Salespeople.

"I have," was my response and, "Look for a blistering article on Monday."

The article was 100% junk science and to use the word science would be a disservice to the word junk. Below, you'll find five reasons why this article was so wrong, so bad, so misleading, so pitiful, and just plain stupid:

 

  1. The article listed the top 20 attributes of successful salespeople and the vast majority of those attributes might have something to do with success in general but have very little to do with sales success.  The email says that, "The results revealed the top five attributes are confidence (44%); ambition (33%); adaptability (25%) self-motivation (17%); and honesty (16%)."  None of those are sales-specific! Respondents didn't come up with these attributes on their own, but were given 30 to choose from.  They were asked to select their top 5 responses and the "report" listed the 20 most frequently chosen responses.  Unfortunately, most of these attributes have more to do with personality and behavior and are not even slightly related to OMG's widely accepted 21 Sales Core Competencies and related attributes.
  2. Only 207 people participated in the survey and it came from "conversational intelligence."  Whaaaat?  207 isn't a meaningful sample size and certainly not one to brag about.  Compare that to the more than 2.2 million salespeople that OMG has assessed and a sample size on which I base all of my articles.  And what the F is conversational intelligence?  I searched Google for Conversational Intelligence and found a book by that title.  The description said, "The key to success in life and business is to become a master at Conversational Intelligence. It's not about how smart you are, but how open you are to learn new and effective powerful conversational rituals that prime the brain for trust, partnership, and mutual success."  Maybe.  But what does that have to do with the topic of this article?  I searched some more and found CallTrackingMetrics.com.  They defined Conversational Intelligence as, "The ability to identify and react to signals in verbal communications."  In summary, someone who is smarter than me will have to explain how conversational intelligence can identify the attributes of successful salespeople.
  3. Jiminny, the company behind this survey, claimed to have researched millions of articles and couldn't find a single article that was not opinion based except for a 2011 article in Harvard Business Review.  Not a single one over eleven years?  Wow.  I have published more than 100 scientific articles on the attributes, competencies, and differences between successful salespeople and unsuccessful salespeople during that time period.  It's kind of difficult to miss 100 of them unless of course my articles don't support their narrative! 
  4. It was a survey!  That's not science. In the case of this survey, it was merely 207 opinions from a limited and skewed list of options.
  5. If the author (was there an author?) knew half of what I know about successful salespeople, they would know that the unsuccessful salespeople surveyed possess most of those same attributes.  They aren't differentiators!  And how do we know that unsuccessful salespeople weren't included in the survey?  Geez!

What are the actual top attributes of successful salespeople?  We should begin with the 21 Sales Core Competencies in which top salespeople score exponentially better than weak salespeople. Over the years, I have written many articles that articulate these differences but there have been a few which, from my perspective, stand-out .  If you're interested in how things have evolved over the past 11 years:

This article was from 2009.

This article was from 2015.

This article was from 2015.

These two articles were both written in 2016.   Also 2016 (HBR v OMG)

This article was written in 2018.

Junk science, limited data, tunnel vision, and in this case, a stupid-as-a-bowl-of-jelly analysis continue to appear although not as frequently as the fake news in politics.  But why do we continue to see them?

Today, it's easier than ever to write whatever you can imagine and that's where a lot of the fake news originates.  Someone writes or tweets something, somebody else shares it, an individual with a platform sees it and spreads it more widely and it eventually becomes a headline.

I've had enough - have you?

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Topics: Dave Kurlan, harvard business review, sales core competencies, sales enablement, omg

5 Steps to Grow Sales by 33% in 12 Months

Posted by Dave Kurlan on Wed, May 11, 2022 @ 08:05 AM

I'm a baseball guy and a die hard Boston Red Sox fan but I can't bear to watch them right now.  They are playing the worst baseball since I was 10 years old so that's going back 55 years!  It's not hard to understand why they are so bad because the data tells the story.  Their stats show that as of May 9, 2022 their bullpen has 9 blown saves.  Bullpens rarely blow 9 saves over a full season never mind over five weeks but if you look deeper, they wouldn't be in so many close games if their offense was producing.  Only three guys (JD Martinez, Xander Boegarts and Rafael Devers), are hitting!   Coaches will review game video and hitters will take extra batting practice to work on their mechanics and timing.

Sales teams go through periods like this too but sales leaders rarely seek out the data that would immediately point to the real problem.  They tend to hope things will improve and go from there. However, there are several levels of data to be reviewed so let's take a look.

As the article title suggests, there are five steps you must take to grow sales by 33% in 12 months.  You can't pick and choose as all five are required.

1. IDENTIFY BOTTLENECKS - A quality CRM application, like Membrain, will show your win rates, age in stage, conversion ratios, pipeline velocity, pipeline volume and pipeline quantity and more.  Dig into that data to determine year over year changes and identify where your bottlenecks have been and where they are today.  Be mindful that this is lagging data and are merely symptoms of the real problems!  (My personal favorite is the Baseline Selling edition of Membrain)

2. IDENTIFY THE REAL REASONS - An OMG Sales Team evaluation will explain why you have those bottlenecks and why your team gets the results it gets.  Note which of the 21 Sales Core Competencies are to blame - by team and individual - and more importantly, how much revenue is being left on the table and who is capable of upping their game.  For example, are deals getting stuck because salespeople aren't capable of reaching decision makers?  We know that salespeople who can begin with the decision maker are 341% more likely to close the business!  A training curriculum can be designed from these conclusions. Learn MoreRequest Samples (Request Sample Sales Force Eval)

3. PROFESSIONAL OUTSIDE SALES TRAINING - Provide your sales team with appropriate training to close the competency gaps, improve skills, and achieve better execution.  This should not be a one or two-day event.  Change requires on-going, long-term training to change beliefs, approaches, strategies, tactics and develop skills!

4. DAILY COACHING - Sales managers must provide daily, one-on-one coaching to their salespeople to help them with their individual gaps and improve their Sales DNA.  Only 7% of all sales managers come equipped with effective coaching skills so they will need to be trained and coached in order for them to provide effective coaching.

5. ACCOUNTABILITY - Sales Leaders must hold sales managers accountable for coaching as sales managers hold their salespeople accountable for change.

Once you have the data and take action, there is absolutely no good reason why you can't bump sales by at least 25%!  That's right, AT LEAST 25%.  If everyone improves by just 10% you will grow sales by 33%!

  • 10% more opportunities
  • 10% higher average sale
  • 10% greater win rate

That comes out to 33%!  Don't believe me?

Start with monthly goals of 20 opportunities, a 20% closing rate, and a $20,000 average sale. That translates to 4 sales for $80,000 or $960,000 annually.  10% more equates to:

  • 22 opportunities
  • 22% closing rate
  • $22,000 average sale

That's 4.84 sales at $22,000 which totals $106,480 per month or $1,277,760. A 33% increase in revenue!

What are you waiting for?

Topics: Dave Kurlan, sales training, Sales Coaching, crm, omg, how to increase revenue, sales increase, membrain, sales team evaluation

The Difference Between CyberThieves, Hackers and Most Salespeople

Posted by Dave Kurlan on Thu, Feb 10, 2022 @ 07:02 AM

cyber

I found it challenging to write this article.

The company that provides us with cyber-insurance required that our entire team watch a series of 21 training videos to make us more aware of how hackers operate, how easy it is to be hacked, and what we must do differently in order to protect our data, privacy and accounts.  Imagine my surprise when the first video described hacking operations as businesses with outbound prospecting operations whose goal is to convert their emails, texts and calls into paying customers.  They described very aggressive and efficient sales and marketing operations staffed by people who operated without feelings or empathy, felt no rejection or remorse, and didn't care about the prospects that didn't respond, but were all in on those who took the bait.

Wow.

Salespeople have never had GREAT reputations, and from among the tens of thousands of B2B salespeople I have met, worked with or evaluated during the past 35 years, if they were guilty of anything, it would be for trying to overcompensate for that undeserved reputation.

While I can't stop thinking about that video and the analogy they used, there are two strong thoughts pulling at me.

On the one hand, I am shocked and chagrinned that the insurance company would use salespeople as a reference point for hackers.  You could not possibly understand the degree to which It bothers me.  

On the other hand, you and I both know that if salespeople worked as methodically, consistently, aggressively, effectively, and efficiently as the hackers do, we would double our revenue.

Most B2B salespeople are ethical and trying their best to help their prospects, customers and clients.  They have feelings and consciences, try to be honest and that makes them good human beings.  Hackers lack those traits and while I'm not a psychologist, I'm pretty sure their lack of a conscience makes them psychopaths!  

Hackers perform the way we wish our salespeople would however they are psychopathic criminals.

Salespeople underperform because the human elements that make them normal and ethical - their fears, feelings, emotions, consciences and empathy, slow them down, get in the way, make them think too much and sabotage performance.

It's a double edged sword.

According to Objective Management Group (OMG) and their data from the evaluations of 2,180,816 salespeople, the top 5% as well as many in the top 20%, are in fact human, ethical, and have consciences. This proves that high performing salespeople and ethics are not mutually exclusive.  We can have the best of both worlds.  To prove that, I looked through OMG's data and found that the top 5% of all salespeople actually score 45% higher than the weakest 50% in the attribute of high integrity selling.  Despite that, only 26% of all salespeople and only 39% of the top 5% are effective at building trust.  What does that mean?

Salespeople who are not high integrity sellers and who struggle to build trust have major credibility problems while salespeople who are high integrity sellers that also succeed at building trust establish tremendous credibility and consistently win business.

Warning:  The salespeople to beware of are those who are not high integrity sellers but despite that, manage to build trust.  Watch out for them!  That is the group that gives salespeople a bad name.

There's more!  One of the OMG Sales Core Competencies, "Stays in the Moment," encompasses  fears, feelings and emotions.  Great salespeople are able to stay in the moment and don't allow their fears, feelings and emotions get in the way.  OMG's data shows that while only 37% of all salespeople are able to stay in the moment, 65% of the top 5% of salespeople are able to stay in the moment and 19% of the weakest 50% are able to stay in the moment.  The top 5% are 42% more effective at staying in the moment and preventing their fears, feelings and emotions from getting in the way.

You can see more of OMG's data here.

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Topics: Dave Kurlan, prospecting, selling tips, omg, phone sales, ethical selling, building trust

62% Less Turnover and 80% Higher Quota Attainment When You Hire Salespeople the Right Way

Posted by Dave Kurlan on Thu, Feb 03, 2022 @ 07:02 AM

 

snowblower

Buying a snowblower?  Pick one, have it delivered, wait for a snowstorm and blow some snow.  What's the worst that can happen?

Planning to go out for dinner?  Choose a restaurant, make a reservation, show up and enjoy.  What's the worst that can happen?

Hiring salespeople? Spec the role(s), post your job descriptions, collect resumes, choose some candidates to interview and make some hires.  What's the worst that can happen?

If you have a sales cycle of several months or more, subsidize your salespeople until they are self-sufficient, and in early 2022 it takes 3 months to find a suitable candidate, you are screwed before you start!  Once you finally identify a decent candidate, you have hours, not days or weeks, to make a decision and pull the trigger and what's the worst that can happen?  Six months or more pass before you realize that salesperson won't make it and you not only wasted a half year's salary, you lost six months, have an empty territory or vertical, and have to start over from the beginning!

It doesn't have to be that way and here's why.

There are several keys to getting sales selection right and we can discuss them here:

  1. Compensation: Base salaries are in and while you would love to hire a salesperson who is willing to eat what they kill (straight commission), most salespeople are not well-suited for that kind of pressure.  Your on plan total compensation for the first year must be appealing or in today's market good salespeople will ignore you.
  2. Location: Many salespeople love working from home and leveraging video platforms to generate revenue.  They can be MUCH more effective and should be much more successful.  You'll need to offer a remote option to attract good salespeople.
  3. Job posting:  The job posting must stand out and describe your ideal candidate instead.  Don't post a job description, post a candidate description, don't make it about your company, and you'll have a better chance to attract the best candidates.
  4. Sales Candidate Assessment: In today's candidate market you MUST have a crystal ball to differentiate the duds from the studs and more importantly, identify the salespeople who are the best fit for the particular selling role you are hoping to fill.
  5. Confidence: If you get the first four things right, then you will have the confidence to pull the trigger before you lose a good candidate to another company.

Today, I conducted a tailored fit for a company that will use Objective Management Group's (OMG) accurate and highly predictive sales candidate assessments.  The tailored fit adds an additional layer of customization - in this case 30 additional criteria - to help identify the right salespeople.  We also use tailored fits as a proof of concept, to show skeptical potential clients that our sales candidate assessment accurately differentiates their top producers from their worst under performers.  Check this out:

So what are we looking at here?

We start with 185 or so findings inside 21 Sales Core Competencies.  Then we identify the findings and scores that differentiate the tops from the bottoms.  In the example above, eight of the differentiators we identified are actually selection criteria that the company wasn't aware of and was badly messing up. Four of the differentiators are related to motivation which is ironic because most executives believe they have a tremendous ability to identify and hire motivated salespeople.  Two of the findings are related to Sales DNA, weaknesses that sabotage performance.  Seven differentiators reside with traditional sales core competencies.  Two identify salespeople's suitability for working remotely and their ability to self-start.  And six of the differentiators represent specific selling skills.

Explained another way, the top producers prospect consistently, are extroverts and score high in the Hunting competency.  They reach decision makers, take a consultative approach and uncover compelling reasons to buy, sell value and leverage sales technology.  They can work remotely, and have experience calling on business users, asking for up to $25,000, selling conceptual services that are not top of the line, in a hunting role with high pressure to perform while working at a major corporation and a turbulent and ever changing culture.  The bottom under performers do not. 

This company was not using OMG's assessment and managed to hire some very ineffective salespeople.  As long as they follow OMG's recommendations, they will never make mistakes like this again!  The salespeople that OMG recommends move to the top half of the sales team within 12 months while 75% of the salespeople that are hired although they were not recommended by OMG, fail within 6 months.  Read that again to make sure you read it right.

The 33,000 companies that have used this tool to assess more than 2.2 million salespeople, have hired nearly 100,000 salespeople.  They have 62% less turnover, shorter paths to productivity, and 80% higher quota attainment.

You can be consistently successful hiring salespeople if you follow my 5 tips and use OMG's Sales Candidate Assessments.

Need to see a sample?  Request one here.  Choose Sales Candidate Assessment.

Need to try it out?  Request a free trial here.

Ready to save time and money, hire with confidence and start using OMG?  Have an OMG expert help you get started

George Kriza sat down and interviewed me about the challenges of finding and hiring salespeople in the current economy.  Watch it now!

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Topics: Dave Kurlan, omg, Personality Tests, sales candidate assessment, sales assessments, sales test

10 Prospect Rules That Salespeople Must Learn to Break

Posted by Dave Kurlan on Mon, Jan 24, 2022 @ 07:01 AM

restaurant-masks

This is not an article about COVID but I will begin by asking which COVID policy you believe is the most stupid.

My vote is for the mask requirement in restaurants because the premise is so moronic.  While you're alone with your group at the front door and until you reach your table you must wear your mask.  Then, when you're seated at your table, among all the other diners, you can remove your mask.  The most literal conclusion is that the virus isn't contagious while you are sitting and eating your food, only when standing and walking.  The same can be extended to the airlines where the virus won't spread if you are unmasked with your mouth open to eat or drink, but will most certainly spread if you are sitting with your mouth closed without a mask.  

Like I said, this is not a COVID article because if it was, I could write a book about the data, science, policies and hypocrisies.  However, there is a sales equivalent to the stupid restaurant masking requirement and that is what we will discuss in today's article.

Have you or your salespeople ever been told by a prospect that they can't:

  • Share who the decision maker is
  • Allow you to speak with the decision maker
  • Allow you to meet the decision maker
  • Share the actual budget
  • Divulge who you are competing with
  • Provide feedback about how you compare with the competition
  • Answer your questions because they don't know the answers
  • Explain the problem your product/service will solve because they were simply tasked to gather information
  • Meet because they only need a quote or proposal
  • Share the criteria for what constitutes a winning partner/proposal/quote etc.

There are two interesting takeaways from this list of 10 prospect rules.

  1. Most salespeople aren't even asking most of these questions or alternate questions.  I teach salespeople to ask alternate questions because let's face it - these questions suck like a vacuum cleaner.
  2. The salespeople who do manage to ask questions like these and don't get them answered wouldn't dare push back and/or try again to get the questions answered

There are two reasons for salespeople not being able to push back.

  1. They don't know how to push back because they haven't been trained and coached to push through these challenges.
  2. They need to be liked.  According to the data from Objective Management Group (OMG) and their assessments of more than 2,177,025 salespeople, 59% have Need for Approval or the need to be liked.  Salespeople who need to be liked are uncomfortable asking questions, more uncomfortable asking lots of questions, and find it impossible to ask good, tough timely questions.  There is no chance they would ever have the difficult conversation that would differentiate them from their competition.

It's a powerful weakness found in the area of Sales DNA.  It is so powerful that when salespeople finally overcome the weakness, using OMG's Sales DNA Modifier, that their sales increase by 35%! 

Not needing to be liked is one of the 21 Sales Core Competencies measured by OMG.  You can see all 21 here and if you're up to it, sort by industry and even by company.

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Topics: Dave Kurlan, sales process, omg, sales objections, sales tips, sales assessements, sales evaluations

Salesenomics - Many Sales Organizations Are Stuck in the 1980's

Posted by Dave Kurlan on Mon, Nov 22, 2021 @ 07:11 AM

1980s

Today is moving day for Objective Management Group.  When we first toured our new space, John Pattison, OMG's COO said, "It looks like something the 1980's barfed up!"  I'm happy to report that thanks to big-time help from PENTA Marketing CEO Deborah Penta, our new space is bright, cheery, modern, energetic, open and functional! 

Thinking about the 80's got me thinking...

When was the last time you saw a black and white television or even a console color TV?

How about an electric typewriter?

Or a car that didn't have anti-lock brakes?

You would have to return to the 1980's to see those things and when it comes to their operations, some sales organizations are still in the 1980's.

For example, check out these statistics from OMG's evaluations of 30,000 sales teams and more than two million salespeople.

31% of companies don't use CRM.

44% do not have a way to track the opportunities in their pipelines.

89% do not qualify their proposals.

39% do not track whether their salespeople are under/over quota.  

54% do not track win rates

51% do not know their average order size

74% do not track the length of their sales cycle

40% do not track the number of opportunities in the pipeline

65% do not track the quality of the opportunities in the pipeline

35% do not track margins!

90% do not track the number of meetings required to close

96% do not track the cost of a sale

Unfortunately, there is more, but these are the head turners and it makes me wonder...

It's been widely reported for years now, that fewer than 50% of salespeople are hitting quota.  From the data shown above, we know that 39% of companies don't even track that.  What percentage of their reps do you think are hitting quota?  My guess is less than 20% (think 80/20 rule) so how much worse would it be if those companies were included in the data?  I'm guessing we would learn that fewer than 33% of all salespeople are hitting quota.  That's much closer to what I hear from companies every day.

We are no longer in the early stages of the information era.  Data is king so how can companies operate without this crucial information?  Even prior to the dawn of the information age, companies found ways to track this information, so why would some choose to ignore this today?

I'm guessing that most of the companies in question are small with less than $20 Million in revenue and fewer than 8 salespeople.  I assume that they are not tech companies and probably come from older industries, like building materials, small manufacturers and small industrial distributors.  But I'm just guessing.

You can easily track everything you should be tracking with the right CRM application.  OMG has an integration with what we believe is the best sales-specific CRM application in the world, Membrain.  It's user-friendly, ideal for complex sales, easy to customize, produces the most important data and reporting out of the box, and you won't have to nag your salespeople to use it. And for fans of Baseline Selling, there is a BLS specific edition of Membrain too.

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Topics: Dave Kurlan, sales pipeline, crm, omg, KPI's, objective management group, sales team evaluation

Found! The Caliper vs OMG Comparison: Which Sales Candidate Assessment is More Predictive?

Posted by Dave Kurlan on Tue, Dec 01, 2020 @ 09:12 AM

lost-and-found

When are you most likely to find the item you lost or misplaced?  Immediately after you purchase its replacement, of course! 

I just found an article that I wrote in 2012 but forgot to click the publish button!  Almost nine years in the making, this article compares OMG with Caliper and I did update it so that the information on both assessments is current.

I compared two assessments for the same candidate: one from Objective Management Group (OMG) and one from Caliper.  Not being one to pass up opportunities like this, I conducted another comparison where OMG recommended this person for the role and Caliper did not. 

OMG's assessment is sales specific - built for sales.  Caliper is a personality assessment adapted for sales.  Caliper asks the same questions as in their traditional personality assessment, but modifies the findings based on the personality traits they believe are associated with sales.  Some of Herbert Greenberg's (Caliper founder) earliest research on salespeople appears in my classic white paper, The Science of Salesperson Selection.

It is not unusual for OMG's findings to contradict the findings of even the most reputable of all personality assessments because OMG measures different things than everyone else.  Most of the sales-specific competencies and attributes that OMG measures are not measured by personality assessments, including Caliper.  OMG measures 21 Sales specific Core Competencies that no personality assessment - even Caliper, can touch.

Additionally, personality tests are not able to provide insight into other important areas like:

  • Longevity - likelihood that the candidate will stick to produce 5x ROI,
  • Skill Gaps - the sales-specific skills that have not yet been developed,
  • How the Candidate Thinks about Selling - their specific beliefs that support or sabotage the sales process,
  • Ramp up - whether they will achieve success more quickly than other candidates,
  • Selling Skills - the specific skills they have learned and actually execute to fill their pipeline, close business, manage accounts, and sell to major accounts.
  • Will to Sell - the combination of sales-specific competencies that determine whether the salesperson has the grit to succeed.  This is the difference between can sell versus will sell.
  • Sales DNA - the combination of strengths that support sales process, sales strategy, sales methodology and sales tactics.
A large insurance company recently stopped using Caliper for pre-employment assessments because it failed to differentiate between successful and unsuccessful salespeople.  For comparison, 75% of the candidates that OMG does NOT recommend, but who are hired anyway, fail within 6 months; 92% of the candidates that OMG recommends, who are eventually hired, rise to the top half of their sales forces within 12 months.
 
These are some of the personality traits that Caliper measures and reports on.  How many of them sound sales-specific? How many of them have anything to do with sales success?
 
One could argue that assertiveness, empathy, gregariousness, level-headedness, skepticism, sociability, thoroughness and urgency are useful traits for a salesperson to have - and they are.  The problem is that they don't differentiate strong salespeople from weak salespeople.
 
By contrast, OMG reports on 21 Sales Core Competencies as well as an additional 8 sales competencies not considered to be core.  Each of the competencies have an average of 10 attributes that make it easy to see what is being measured, and what a competency is all about.  Notice the ten tactical selling competencies that are blocked in red below.  I'll share the attributes for two competencies so you can see that the attributes are selling attributes, not personality traits. 
 
 
In a previous article I compared OMG to Extended DiSC and showed the attributes in the Hunting and Qualifying competencies.  This time around, let's look at the attributes from the competencies, Selling Value and Reaching Decision Makers to show how different this is from what a personality assessment like Caliper measures.
.

As you can see, these attributes define and complete each competency.  You may have also noticed that we show the percentage of attributes as well as the weighted score as some attributes are more important to the competency than others. That made a huge difference for this candidate when it came to the Reaching Decision Makers competency where despite having 57% of the attributes, he was missing the most important attribute. When you compare sales-specific competencies that drive sales performance and success, to personality traits that are not specific to sales and which fail to differentiate strong from weak salespeople, it's clear that OMG is both miles and decades ahead of any and all other assessments.

So which assessment - OMG or Caliper - is more predictive?  That answer is so obvious that it doesn't even require me to answer it!

Sales Candidate Assessments are extremely important because they prevent hiring mistakes and remove bias from your hiring process.  However, if you don't choose the right assessment, configure it correctly for each role, use it at the right time in the process, or heed its advice, don't count on any assessment to make a meaningful difference!

Topics: sales assessment, Dave Kurlan, Sales Candidate, omg, caliper, sales assessment test, personality test, pre-employment test

Top 10 Reasons Not to Test Your Sales Candidates

Posted by Dave Kurlan on Mon, Oct 05, 2020 @ 06:10 AM

testing

Testing.  Testing 1234.  Testing.  Check, check, check. How do I sound?  Testing 12345.  

Anyone who has conducted or listened to a sound check should be familiar with those words.  More testing = better audio.

If you're feeling ill, get tested.  That's the mantra for COVID-19.  But lots of people are getting tested.  In the USA, 345 out of every 1,000 people have been tested as of the end of September.  Compare that with Mexico where only 12 out of every 1,000 people have been tested.  That could explain the difference in positive test rates in these two countries with the US rate being less than 5% and Mexico's rate close to 50%.  More tests = well, something.

Those aren't the only two examples of testing being an obvious no-brainer.  Doctors test our vital signs - temperature, blood pressure, heart rate, blood and for some, EKG, and prostrate.  More thorough testing = more healthy.

Testing is not only normal, it's expected.

So why in the world is it so difficult to get Sales Leaders and HR professionals to test sales candidates?

We hear everything, including this week's top 10 reasons for not assessing:

  • "I hire using my gut feel"
  • "HR is not comfortable using assessments"
  • "We don't want to be bound by the recommendation"
  • "We don't want to spend the money"
  • "We don't want to change our hiring process" 
  • "We don't want to inconvenience our recruiters"
  • "What if I get a false positive?"
  • "Legal won't go for it".  
  • "Turnover is baked into our process". Consider this internal note from today: "[He] has a potential client who hires 150 reps/week with 300% turnover! Wanted to know how to price that 7,000 hire license. I suggested we take a different approach and determine the real cause of the turnover problem and then look at how many they really need to hire."  Anytime I read that turnover is greater than 100%, that's an example of baked-in turnover.
  • We don't believe in assessments". Consider this email I received today: "Nice to e-meet you.  [He] sings [OMG's] praises, but up front you should know that I have always been somewhat skeptical of Myers Briggs or personality profiling type exercises, so I'm the one you have to convince."  Bad experiences with assessments that weren't designed for sales creates biases.

These excuses are total BS.  Consider the following 4 facts:

  • Average sales turnover is now 34% and in some industries and companies it is much higher.  source
  • The average cost of sales turnover is 1.5 times compensation.  If average sales compensation is $95,000 that's a cost of $142,000.  source.
  • Fewer than 50% of salespeople will hit quota this year.  Do you think that's because of the pandemic?  Think again.  It's been that way for years!  source
  • Average ramp-up time is 5 months.  This varies wildly across industries but here's a formula to calculate what yours should be:  Length of Learning Curve + Length of Sales Cycle + 30 Days to transition.  If you have a six month sales cycle and it takes 3 months before a salesperson can have an intelligent conversation with a prospect, the ramp-up time - the time it takes for business to begin closing - is 10 months!

Let's be conservative and say that for every ten salespeople, the average company turns over 3 per year at $142,000 each.  The $426,000 cost is nothing compared to these other three problems:

  1. The distraction of having to hire 3 more salespeople
  2. The disruption in the territory or vertical,
  3. The lost opportunity of having an under-performer representing you.

Consider 8 more facts:

  1. Companies that use Objective Management Group's (OMG) sales candidate assessments have average turnover rates of just 8%.  That's 425% better than average.
  2. Companies that use Objective Management Group's sales candidate assessments have quota attainment of 88%.  That's 205% better than average.
  3. When companies hire salespeople that were not recommended by OMG, 75% of them fail within 6 months.
  4. When companies hire (after doing their due diligence) salespeople that were recommended 92% rise to the top half of the company's sales force
  5. OMG has been voted the Top Sales Assessment Tool in the World for 9 consecutive years
  6. OMG is customizable, incredibly accurate and predictive of sales success right down to the sales role for which you are hiring
  7. OMG has assessed 2,017,367 salespeople in - companies.
  8. OMG lowers recruiting costs and saves time - it's not expensive.  Depending on the number of hires and the size of the candidate pool, assessments could cost as little as $8 each!

You would think that these 8 facts would thoroughly and completely rule over the top 10 reasons for not assessing. But every minute of the day, seven days a week they don't.  People are stubborn. They don't know what they don't know while believing that they know everything.

This is my call to action.   Grab a sampleTry it for freeRegister to begin using OMG's Sales Candidate Assessments.

Image Copyright 123RF

Topics: Dave Kurlan, sales hiring, sales recruiting, HR, hiring, recruiting, assessment, omg, sales test, personality test

15 Lessons Learned from Converting a Multi-Day Conference to a Virtual Online Event

Posted by Dave Kurlan on Mon, Apr 06, 2020 @ 10:04 AM

virtual-event

What a month it's been!  Not only how the Covid-19 virus has changed our lives and sent us to work from home, but how we are conducting our businesses from home.  Green screens, virtual backgrounds, video calls and meetings, team chats, video team huddles, a blur between days, working hours and relaxing hours, and more.  In today's article I'm going off topic so that I can share how we converted Objective Management Group's (OMG) 4-day Boston International Sales Experts Conference for OMG Partners, to a 3-Day Virtual Event on short notice, as well as the lessons learned so that you might be able to accomplish the same things that we did.

  1. It's a Broadcast, not a webinar.  People have preconceived notions about webinars and you don't want them thinking for even a second that this will be a boring, one-to-many presentation of a slide deck.  Why?  It.Can't.Be.That.
  2. It's more like a Television News Channel with shows scheduled every hour - some that are opinion shows, some with guests and some with panels.  All of the presenters from OMG's team had consistent, branded, virtual backgrounds with green screens to give the broadcast a professional appearance.
  3. You'll need a team of "Engineers."  You won't be able to do this yourself!  For our event there were at least four of us at all times monitoring chat and Q&A, announcing questions to the presenters, monitoring hand-raising, and promoting attendees to panelists to get them on camera
  4. Platform - we chose Zoom Webinar.  That allowed us to have 2 hosts and unlimited panelists, branding, but more importantly, pre-registration and approval of those registrations, microphones and cameras off by default, and the high-quality play of videos embedded in our slide decks.
  5. Balance - we made sure that we stopped sharing slides the moment the presenter was going to discuss any topic so that no one slide stayed on screen and became the focal point and the speaker/presenter became the focal point.
  6. Slides - speaking of slides, this event required more slides, not fewer.  As a matter of fact, when all was said and done, this is what we included.
    content

  7. Panelists - There was one particular session that I found most difficult to convert to virtual.  In this session, I planned to distribute a handout consisting of an 80-page slide deck, break the attendees into groups of five, have them work as teams and have team answer one of seventeen questions.  Instead, I posted the deck on Bloomfire (our knowledge base/content sharing platform) ahead of time, asked for 17 volunteers and shared the 17-question assignment.  As people volunteered, I assigned them to one of the questions, and asked them to email their work and one-minute presentation to me for review and approval.  Then, five minutes before that session, they were each promoted to panelists and as their turn approached, we were able to seamlessly turn cameras and microphones on and off to have them appear on screen as the presentation progressed.  It was just like a news show!
  8. Video - We included 22 movie clips to break things up, keep things light, and keep attendees entertained.  You can't hope to keep people engaged for 8-9 hours per day if you don't break it up.  We included everything from an interview of Kobe Bryant to a scene from Forrest Gump to a youtube video called Stay the F**K at Home.  And all 22 videos were in the context of the topic we were discussing at the time.
  9. Attendance - There were 135 OMG partners/associates registered to attend our event in Boston but with no conflicts, travel  requirements or costs to attend, 250 registered to attend the virtual event and we consistently had around 200 people in attendance through the two nine-hour days.  Attendees were from the US, Canada, Mexico, Jamaica, The Netherlands, Sweden, Finland, Denmark The UK, Ireland, France, Germany, Poland, Hungary, Romania, Lebanon, Morocco, South Africa, India, Australia, New Zealand, Brazil (and the countries I forgot to include).
  10. Awards Banquet - We weren't able to host our annual two-hour awards banquet but we did have an awards presentation that consisted of a 50-slide deck that honored each of the 42 award winners in less than 5 minutes.
  11. Polls, Q&A's and Chat - At a live conference you'll ask people to raise their hands, you'll get feedback on what you introduced, and they'll have lots of questions.  We pre-built poll questions that we could open and share at pre-determined times in the virtual conference to get the feedback that we wanted.  Starting with the 5-minute intro video on the first day, the chat never subsided as attendees were sharing their thoughts, insights and takeaways for two straight days.  We had two people monitoring chat to pull out and share the golden nuggets that passed by.  And one person monitored the Q&A and came on camera to share the best questions with the presenters.  It was a  great team effort!
  12. Attendee Tutorial - We took five minutes at the beginning of day one to put up some slides on how to use the Zoom controls for the best experience, including, but not limited to:
    1. Changing screen size
    2. Muting and unmuting
    3. Camera on and off
    4. Gallery view versus Speaker view
    5. Side-by-Side mode
    6. How to contribute using chat
    7. How to ask a question using Q&A
    8. How to separate the chat and Q&A from the Zoom window
    9. How to raise their hand
    10. And for panelists, how to share their screen
  13. Fluid Schedule/Agenda - At a hotel, you need to stick to the schedule to make sure it coordinates with meals, beverage breaks and the group's need to use rest rooms.  Not so with the virtual event.  If they had to use the bathroom they could go and nobody would be the wiser.  If they got hungry or thirsty they could eat or drink and nobody would know.  We were able to go longer on sessions that required more time and simply change the schedule as we went along.  On both days we skipped presentations and moved them to the end of the day and nobody cared or got upset.
  14. Networking - In the end, this is the only thing that people wanted that we couldn't deliver.  At a normal conference, they mingle and talk before and after presentations, network at meals and some really crave that aspect of a conference.  We offered a virtual happy hour on Saturday after the final presentation but only 20 people showed up.  Oh well.  You can't please everyone all the time.
  15. Results - the overwhelming response seemed to be that considering everything, our virtual event was as good or better than our hotel-based event!  We worked hard to make it that way but there were other factors.  They didn't have to leave home, they could spend evenings with family, it didn't cost them anything to attend, they had comfortable seating, wore comfortable clothing, ate what they wanted, when they wanted and didn't have to be "on" for the sake of others.  A good time was had by all.

And finally, OMG introduced some spectacular new tools, features, and insights that were as well-received as if we had presented them with a stage and an audience.  I'll write more about this in the days and weeks to come.

You can do this too!

Topics: Dave Kurlan, Sales Force, omg, conference, keynote speaker, sales assessments, virtual

The Science Behind One Company's Top Sales Performers and Why They're So Much Better

Posted by Dave Kurlan on Thu, Jan 16, 2020 @ 08:01 AM

apples-to-oranges

There are comparisons of apples to oranges, red or green, black or white, stop and go, and the most relevant and current of all, liberals to conservatives.

In today's article, I'll share a hot/cold comparison of my own, but this one is about sales candidates.  Back on January 9, my article about why 3 good salespeople failed and 3 so-so candidates succeeded, used the results of a top/bottom analysis to identify the reasons why.  

Those results were unusual because many of  the differentiators came from outside the 21 Sales Core Competencies.  What does it look like when the differentiators come from within the 21 Sales Core Competencies?  Take a look at this top/bottom analysis and you'll quickly see the difference!

The screen shot below shows that we identified 21 major differentiators.

Jan14TailoredFit

Their three tops are far better and stronger salespeople than the tops in the previous analysis.  Even their bottoms are stronger than the tops and bottoms of the previous analysis.  But the differentiations are very clear.  Consider:

  • Desire for Success in Sales (one of the 21 Sales Core Competencies) >87.  The normal cutoff is 60 so even the three bottoms scored well in Desire but the tops had even more Desire.
  • Motivation for Success in Sales (one of the 21 Sales Core Competencies) >74.  The normal cutoff is 50 so as with Desire, even the bottoms had good scores.
  • Sales Percentile is the overall score.  Greater than 79 means that their tops are stronger than 79% of the sales population.  And if that's what it takes to succeed in this particular role at this particular company, then the sales candidates that OMG will recommend to them must be in the top 20%.
  • Figure-it-Out-Factor or FIOF is a roll-up of 10 findings that predict whether or not a salesperson will ramp-up more quickly than a typical candidate.  Those who are succeeding at this company have FIOF scores of greater than 66.
  • The Sales DNA Competencies are the overall score for 6 of the 21 Sales Core Competencies.  These are the combination of strengths that support the execution of sales process, sales strategy, sales tactics and sales methodology.  The tops have tremendous Sales DNA Scores of >81 while the bottoms have Sales DNA more consistent with weak salespeople.
  • Supportive Sales Beliefs (one of the 21 Sales Core Competencies and one of the six that make up Sales DNA) >86. You could say that everything begins with beliefs!  Their top salespeople have scores for beliefs that are only a few points better than their bottoms so a score of 86 or better is an important differentiator.
  • Supportive Buy Cycle (one of the 21 Sales Core Competencies and one of the six that make up Sales DNA) >70.   There is  a huge difference in how the tops score compared with the bottoms for this competency!
  • Comfortable Discussing Money (one of the 21 Sales Core Competencies and one of the six that make up Sales DNA) >82. 
  • Handles Rejection (one of the 21 Sales Core Competencies and one of the six that make up Sales DNA) >77. 
  • Hunting (one of the 21 Sales Core Competencies) >92.  These are really good  scores so it  should come as no surprise that their tops are filling the pipeline!
  • Consultative Seller (one of the 21 Sales Core Competencies) >49.  This is the second lowest cutoff score of all  the  differentiators we identified. The company overall is still selling transactionally and this is an area for improvement.
  • Qualifying (one of the 21 Sales Core Competencies) >59.  This is another significant differentiator between  their  tops and bottoms.
  • Presentation Approach (one of the 21 Sales Core Competencies) >81.
  • Closing (one of the 21 Sales Core Competencies) >33.  Did you see the scores for the bottoms?
  • Sales Process (one of the 21 Sales Core Competencies) >77. Another  huge differentiation.  It's included twice in this analysis to give it twice the weight because it's that important.
  • Compatibility with their Selling  Environment >71
  • Maintains Full Pipeline (part of the Hunter competency)
  • Self-Starter
  • Decision Maker (part of the Buy Cycle Competency)

Like I always say, these are different for every role at every company selling into every market.  No two analyses are the same and these analyses become the second layer of customization for our sales candidate assessments.  That's what makes them so accurate and predictive.

For brand new users, our top/bottom analyses also serve as proof of concept.  We're able to prove that we can clearly differentiate between their tops and bottoms to give them confidence that our award-winning sales candidate assessments will work for them.

Where can you get your hands on our sales candidate assessments?  Click here.

Image copyright iStock Photos

Topics: Dave Kurlan, sales, sales performance, assessment, omg

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Best-Selling Author, Keynote Speaker and Sales Thought Leader,  Dave Kurlan's Understanding the Sales Force Blog earned awards for the Top Sales & Marketing Blog for eleven consecutive years and of the more than 2,000 articles Dave has published, many of the articles have also earned awards.

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