ya gotta love what you do...

With Valentine's Day Sunday, I find myself once again in the woods of Vermont this morning with a -4 degree temp and "yet-another-dusting" of four inches.  Just enough that it will ice unless attacked by "Big Orange", my brand new 30" Ariens delivered by the superb sales guys up the road a piece at Brown Enterprises.   For variety, I work out of the NH beach Monday through Wednesday, drive to Boston following Wednesday's Tufts class, check on the now-vacant office, pick up the mail and then drive to VT. 

I work here in VT on Thursdays and Fridays...and then, depending on the weatha' for the weekend, stay or leave.  I love the variety of the rural VT woods and the NH sand.  It's my own
own stress-reducer keeping my head screwed on and the entire weekly process reaffirms my love of what I do.

 

After 30+ years of management consulting including 20+ of teaching at MIT and Tufts, I have the opportunity to work with the management of hundreds of companies every year and hundreds of both students and alums at both universities.  I love the work, the challenges, the extraordinary variety of both problem solving and creating new sales opportunities along with the inherent management coaching that goes along with it.  This is all I do, and I can't imagine doing anything else except a little snowboarding in the winta' (but not this year) and surfing in the summa'

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Tags: entreprenurial, marketing productivity, business coaching, how to close sales, sales success, sales effectivness

Zen & the science of snowblowing

The interesting and good news about selling in 2021...

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Tags: Sales Optimization, closing sales, how to close sales, improving sales productivity, best sales practices;, sales success, how to write a sales plan, sales effectivness, writing sales plans

Just one word this morning...

"Connections"

I guess on the day before Christmas, I could wish for world peace, freedom from all hatred, an ability to embrace diversity at all levels and, of course the best health for you, your families, your friends and your employees...and, of course, I do hope for all of that.

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Tags: closing sales, best sales practices;, sales success, sales effectivness, connections

Does structure influence results?

The final Tufts six presentations from my marketing course were completed last Friday.   Six companies provided individual marketing projects, with five to six students assigned to a team back in July so everyone hit the ground running in September.

  • "just extraordinary",
  • "over the top",
  • "far-surpassed expectations"
...were a few of the phrases voiced most importantly by the senior management of our six host companies. 
Each of the management teams of the six companies actually provide 40% of the overall course grade for the semester. Now, this weekend I and my TAs will work through the very difficult job of grading 32 students.

Being a student or being a salesperson is always about the bottom-line reality of how many points go on the scoreboard.  Right now, before I work through the math of the actual grading, it would appear, based on the customer feedback, that there will be an overabundance of "A"s.  In addition to the actual grading, I am very pleased that two of our project companies this semester have provided job offers to three students.   

During one of the debriefs last Friday following their presentation, I asked the six-person team, who worked on the marketing plan for a $40m company looking at a new market, what defined the success of this project for them, and I was struck by the maturity and the exacting management behavior that they expressed.  So, I thought I would share this this morning for you to assess your work during these final two weeks of the year.

  
"Structure influenced our behavior" 

- "Since no one on the team knew another when we began, we defined up front who would do what and what the team and our individual responsibilities would be."
- "We agreed to strict daily and weekly timelines since we knew the reality to deliver a marketing plan in 13 weeks."
- "Yea, we elected a Team Captain, but we all agreed to complete responsibility for the project as a team."


"We committed to rAPID Group Knowledge"!

  • "We agreed to making sure that all six of us knew "everything about everything" so that there were no islands of knowledge. Yes, primary responsibilities were centered in individuals, but we agreed that "Group Knowledge" was most important especially for our research work and for our customer discovery with the company's prospects and customers."
  • "We used a strategy of writing down content quickly that we discovered and also we created as "a stream of consciousness" not caring much about making it formal with punctuation or format."
  • "We used Google Drive and avoided Slack and Teams because Google was just more personally comfortable and immediate for us individually."  
  • "We operated in frequent short sprints with no long meetings until the end" 

"We created Connective Tissue"

  • "Space, time and location were unimportant in our virtual team, and being online virtually actually worked much better than needing to get together physically
  • "Time was now...all the time."
  • "We formally scheduled customer meetings at the same time every single week"
  • "We completed exhaustive discovery up front repeating the same questions again and again until we came to very detailed answers which led to very detailed objectives"

 

As a professor, I always learn as much as I teach! 

I've thought about these comments all week.  The maturity and the sophistication of the basic, but hard things that make a project or one's quota not only achievable, but highly attainable and successful.  This morning as we look out over the remaining 12 days of December, I thought that some of these best practices of managing against the clock and to the project or to your quota might prove useful.  For other ideas, check out our site for tactics at... https://www.derbymanagement.com/sales-productivity

 

Have a great day selling Today...12 days left!

CONFIDENTIAL SOUNDING BOARD

If at any time, you have a need for a confidential sounding board in business planning or for Sales or Marketing, just connect with me at any time.  Text or email me, and I'll quickly set up a call.  I'm a pretty good listener. 

Obviously, no cost for a call or two; just an opportunity to listen intently and make a few recommendations based on decades of experience.

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Tags: Sales Best Practices, sales coach, marketing effectiveness, how to close sales, Tufts marketing projects, how to write a sales plan, sales effectivness, sales readiness

Winhall VT, the New York Times & a world of change

I heard from many of our blog subscribers about last week's NYT article on my tiny Vermont town of Winhall. [The Virus Sent Droves to a Small Town. Suddenly, It’s Not So Small. ]

- A very human and objectively correct article

- Filled with real facts about the boom in real estate 

- Yes, Scott, a very good friend, is  "One Cranky Dude"

- Yes, lots of change...all very healthy change for VT. 

Scott Bushee, a solid 6th generation Vermonter, is the supervisor of Winhall’s transfer station (do not use the phrase "town dump" around Scott), spent the summer training all of the newcomers in recycling. “The minute you come through that gate, you’re in Scott’s country,” he said. “I’m the dictator here.”  Scott is also the Town Moderator. and he runs the annual town meetings with the same level of practical, no-nonsense, direct-talk that he does everywhere...including his FB posts. We could have used him the other night as the moderator of the most embarrassing management debacle ever.  

Scott's a 6th generation Vermonter, just like me, and I could hear his Vermont accent when I read in The Times...“Now you’ve got to deal with Vermonters,” he said. “They will tell you straight up. I try to do it as politely as I can, but if you push the envelope, things are going to go sideways because right now the closest word I can tell you is it's sheer pandemonium.”

I'm in Winhall this morning, where it's a balmy 50 out by the barn, and what I've seen during the summa' because of the emigration out of NY and CT is that...

  • there are zero houses for sale other than the worst teardowns and even those have bids
  • Mike, my broker for my "extra five acres" of land up on the ridge is getting lots of calls
  • the post office ran out of available P.O. boxes in mid-June.
  • electricians and plumbers are booked until Christmas.
  • a simple pane of glass for the window broken by my lawn guys took 8 weeks to replace
  • complaints about bears have quadrupled.  

All of which represents change, and from my perspective, very healthy change in a town and in a state that has been eroding for years.  Yes, Vermont is very picturesque, and yes, that smell of fresh cut hay in early July and the perfect photo of fall leaves taken out by the dairy farm is all very wonderful, but the harsh reality of the real Vermont is that it's a tough place to live, and an even tougher place to find good jobs.

  • Drive 10 miles out of the ski towns, and you're in rural America with a declining population
  • Other than retail, and those jobs are now disappearing, real, good-wage jobs are non-existent
  • Drug addiction has been declared an epidemic by two governors with no sign of abatement
  • Energy costs are the highest in the US save for Hawaii 
  • Don't get me started on senators Leahy & Sanders, neither of whom do much for VT.

Bottom line of any small town and of any small business, new people bring new ideas and vitality.  New ideas create new businesses and new jobs.  New jobs bring money and the flywheel keeps turning.  

With new families moving into the town doubling the size of the local school population (which had been declining for a decade plus) and bringing new ideas, new energy and new dollars into a fragile economy, this change in Winhall is very positive creating a new sense of vitality and experimentation that comes only from new young families.  

“It’s hard to know who is living in what house,” said Ms. Elanor Grant, 50, who is also Winhall’s treasurer, registrar of deeds, tax collector and presiding officer of elections. 

She is also the ex-wife of Mr. Bushee. It is an amicable divorce; recently, when a wasp became lodged in his ear canal, she rushed over to his house with tweezers.

...only in Vermont!

 


Embrace the Opportunity 

Absolutely, the chaos created as a result of Covid has been and continues to be a disaster.  We know what to do to protect ourselves, our families and our employees, and we're also fact-based enough to know that this problem will continue deep into 2021. The harsh reality of the virus was brought to the forefront in the early hours of this morning with the announcement of the president and first lady testing positive.  

We're facing a long winter ahead, and from the perspective of our own businesses, we now need to focus on what we can control and bring our positive energy, our expertise and our innovation to the forefront of what we are doing every day for the balance of this new quarter.

Winhall is never "going back" and neither will the professions of Sales & Marketing 

  • Many of the age-old tactics of Sales & Marketing have been out of touch with customers and prospects for years.  In B2B tech sales we've known for years that 70ish% of prospective buyers have reported that their first meeting (both phone calls and F2F meeting) with a salesperson was a waste of time, and that they would never take another call or meeting.  And yet salespeople have continued to relentlessly batter down the doors with more and more blind emails and cold calls that make a used-car salesperson look good by comparison.  
  • Sales & Marketing success today is all about demonstrating customer value.  Unless our sales and marketing messaging and outreach tools can demonstrate fundamental financial value to both prospects and customers, we're just an unnecessary interruption in an environment where no one anymore has any extra time or desire to listen to yet another empty statement which is focused on the seller's table and not the buyer's.
  • Live trade shows are gone forever.  We've been trying to kill this antiquated time-sink of energy and money for decades, and the stats have told us for all of those decades that the cost per lead was 10X the cost of any other form of marketing, but we've continued to play the trade show game.  Maybe it was because we were afraid what our competitors would say when we didn't show up, or that we often used that same time for training our salespeople since they all felt that they needed to be in the booth.  Very simply, no one is going back to live trade shows ever!  Virtual trade shows and conferences, sure, but physical meetings?  Who would take that life and death risk?  Remember that the infections from the Biogen conference in Massachusetts in February started from just one person and has now been traced to over 20,000 direct infections.

Like Scott Bushee and Eleanor Grant and the 769 residents of Winhall, embrace the change, figure out the new opportunities that this time provides and experiment with new marketing and sales tactics during the next 60 days as you now turn your attention to closing Q4 and the year ahead of plan...still plenty of time to do that! 

I'm headed out to the general store for a breakfast sandwich before my 9:00 AM sales meeting this morning !  


 

Have a great day selling today as we push forward into embracing the changes of this fall and Q4

CONFIDENTIAL SOUNDING BOARD

If at any time, you have a need for a confidential sounding board in business planning or for Sales or Marketing, just connect with me at any time.  Text or email me, and I will quickly set up a call. 

I'm a pretty good listener.  Obviously, no cost for a call or two; just an opportunity to listen intently and make a few recommendations based on decades of experience.

 

 

 

 

 

 

 

 

 

 

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Tags: sales and marketing best practices, sales management effectiveness, business planning, Sales Leadership in the Revolution, entrepreneurship, how to write a sales plan, sales effectivness

Do not confuse bounce with recovery

Over the long weekend of the 4th, I listened to two threads of stories...

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Tags: sales effectiveness, sales management boot camp, business coaching, improving sales productivity, best sales practices;, sales management productivity, sales effectivness

Putting in place a very straight line sales plan

Posted by Jack Derby, Head Coach on Fri, May 01, 2020

This morning I'm thinking very differently about the words "a long hard slog", and looking at this business environment not as a world of chaos and interruption, but as one of creating a much more simplified process that creates a much straighter line between "start" and "purchase".  

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Tags: improving sales productivity, best sales practices;, sales forecasting, sales effectivness, sales motivation, 2020 sales plans, writing sales plans, sales readiness

Focus on what you can control...and that's a lot!

Posted by Jack Derby, Head Coach on Mon, Apr 13, 2020

We've all heard this phrase- "focus only on what you can control"- numerous times now over the last 10 chaotic weeks.  This Monday morning I'm merely suggesting that we give it a solid 60 minutes of detailed thinking during this week bringing the clouds of buzz in that phrase down to the streets of reality with a small number of carefully planned activities that we can totally control.

 
3 critical baselines we can totally control:

  1. Our Personal Health: 
    Most importantly, focus on your personal health and the health of your families!  That's always Job #1 and that by itself will take us through this chaos!  Once our own health and that of our family is solid and has been locked down, then we can figure out everything else. 

    Since by now everyone understands the basics of what it takes to remain healthy, I'm recommending ramping up those basics 2X over the next four months. Keeping ourselves healthy during the heat of this summer will be very difficult to say the least.  For a solid example of what it means to ramp up the basics, take a look at leading healthcare and certified nursing advocate, Jenn Loughty's hand washing site  

    Our Business Health: 
    Ramping up the basics of our business health was outlined perfectly last week by my good friend, noted author and acclaimed speaker, Jamie Turner in his 60SecondMarketer blog on
    "7 Strategies to help your business get through the crisis."  Definitely a worthwhile read! 


    This is stuff we already kinda' know, but now's the time to ramp it up 2X ...and squash the curve!


  2. Our Sales & Marketing Processes:
    We can totally control the necessary pivots to our Sales and Marketing processes and the tools that we're using right now in Q2.  We obviously can't "control" our actual sales results...couldn't before and certainly can't now..., but we can totally control what "Activities" we're planning and executing!


    For years I've been a student of strategy and business planning, and this simple graphic has always been a solid guide to center me when I'm working with our clients. In today's world of planning what we will be doing in marketing and sales, this is not a time when we should be focused on either vision or strategies. This is a time to be laser focused on the next 90 days with everything riveted on the tactical execution of activities.

    If there is a strategy, it is to survive, and survival is about executing battlefront activities!  

    Does it make sense?
    This is a very simple question to ask ourselves in our week-by-week and month-by-month battle planning of activities between now and the 4th of July since at the latest you should not be planning out further than that.  

    Get down to the street level and go through an analytical thought process of sense-making by yourself and ideally with your sales & marketing team.   

    Get your head out of the clouds of strategic planning and ask yourself "Does it make sense?" as you focus on the activities necessary to sell to customers in mini-territories of streets and not states and you launch Inbound-Only Marketing campaigns to one industry and not five.

  3. Our Sales Forecasting:
    We've now been living in this increasing chaos of the unknown for about eight weeks, and I continuously hear questions like I heard on a webinar I was on last Monday week with the amazing Laurie White, President of the Greater Providence Chamber of Commerce 


    - The question was asked by a head of sales: "How do I forecast in these times?" 
    - Me: "Plan out only 4 weeks!".  (2 weeks ago, it was 2 weeks.)

    - He:  "My boss wants to see a forecast out to December"
    - Me: "Just say no. Plan out 4 weeks listing 5 assumptions. In 2 weeks, do 4 more.

    - Me:  "Focus 95% of your time on your current customers!  
    - Me:  "Focus 100% on your value propositions & not on your products"

Sales Management Boot Camp:  May 12th & 13th
"Successfully Managing Sales in Chaotic Times"


If you want to understand what it takes to successfully manage, sell, train, ramp up and forecast in these chaotic times, work with us online in a highly engaged, hands-on Sales Management Boot Camp!  

  • Two three & a half hour team sessions on the mornings of May 12th and 13th 
  • One-on-one Coaching Sessions on May 14th 
As part of our Sales Management consulting, we've been running two to three F2F boot camps a year for 20 years.  Held in partnership at MIT with other leading sales management experts focused on dramatically increasing sales productivity, enablement and readiness, we've run intensive one and two-day F2F highly engaged camps bringing together CEOs, Presidents and Sales Managers from a wide diversity of industries. 

  • We actively engage everyone in our unique strategy of "Process-Tools-Technology & People".
  • We dive deep into real-life tactics that you can start using immediately the next week.
  • We focus on developing street-level playbooks of Activity Plans

Now, we're bringing that expertise online with the same level of deep practicality and active engagement that's resulted in hundreds of notes of thanks from managers and presidents of both large corporations and mid-market companies covering a wide range of markets. 

The primary coaches will be George Simmons and me, with guest speakers featuring Colleen Honan, CSO of Brainshark and James Stone, Director of Mid-Market Sales at Hubspot.  Two leading mid-market companies focused on sales and marketing productivity with two highly successful sales execs who have figured out how to adapt and sell in this period of unknowns.

Click here for more details and then just connect directly with me for any questions at jack@derbymanagement.com, and I will set up a call with you right away and get you registered!

 

If at any time, you have a need for a confidential sounding board, just connect at any time.  Text or email me, and I will quickly set up a call. 

Obviously, no cost-just an opportunity to listen intently and make a few recommendations based on decades of experience.

Have a safe and positive week !

Please stay safe & connected!
jack@derbymanagement.com
Head Coach, Derby Management, experts in...
-Sales & Marketing Productivity
-Business and Strategic Planning
WHAT WE DO AT DERBY MANAGEMENT

Professor, Tufts Entrepreneurship Center
-Entrepreneurial Marketing
-The Science of Sales 

 

 

 

 

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Tags: sales planning meetings, sales forecasting, sales success, sales effectivness, writing sales plans, writing business plans

Prepare, Be positive & Stand up!

Posted by Jack Derby, Head Coach on Thu, Mar 26, 2020

No one needs to tell us how difficult this is!

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Tags: sales forecasting, sales leadership, sales management productivity, sales effectivness, 2020 business plans, 2020 sales plans

Sugarin' season in Sales

Posted by Jack Derby, Head Coach on Thu, Feb 27, 2020

The rhythm of the seasons...Taint spring yet

I was reminded yesterday of the inevitable rhythm of the seasons both in VT and in the world of Sales.  It seems that for some yet unknown reason, a decision has been made to redo the kitchen in Vermont.  Not that I was consulted or even asked in this decision process, but I was told that a decision had been made all the same. Given this, I reached out to my friend Steve at Homestead, the company up at the end of the road a piece that does the plowing in the winta', the lawn in the summa' and basically everything else from landscaping to construction at the VT house.  

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Tags: Sales Management Best Practices, sales enablement, sales boot camp, improving sales productivity, sales leadership, sales effectivness, sales motivation, sales readiness