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What is Supervising
sales managers observe & direct employee to understand responsibilities of jobs; how to carry out responsibilities correctly.
first line Sales manager
Managers who have individual employees reporting to them and not other managers.
Managing
Require skills in:
Setting objectives
Organize tasks to achieve objectives
Motivate salesforce
Identify & resolve problems.
Organize & staff salesforce.
Measure & analyze performance.
Formal Power
Given on basis of position a person holds in organization; authority given to accomplish his or her job.
ex: legitimate, reward, coercive, political, informational
Informal Power
Power one has as result of skills, personalities, disposition & sociability levels; can exert more influence than person with only formal power.
ex: expert, referent, charismatic, connection, moral
Legitimate
formal power
power given to a particular position to make decisions regarding employment, budgeting, etc.
reward
formal power
ability to distribute rewards such as desirable territories, gifts, or promotions.
Coercive
formal power
ability to distribute rewards; typically creates resentment & resistance.
Informational
formal power
derived from ability to access & control info that others don’t have.
political
formal power
results from one’s ability to engage in personal & political behaviors.
Expert
informal power
Based on a person’s knowledge, skills, & expertise.
Referent
informal power
based on the degree to which a person is liked due to personalities & interpersonal skills.
Charismatic
informal power
Based on individual being strongly admired due to personality, physical attractiveness, and other factors.
Connection
informal power
Based on being acquainted with powerful or well-connected people.
Moral power
informal power
Ability to lead others based on perceived moral stature.
What will your boss be looking for in 1st manager role?
Updates about your sales unit’s results, ppl, & selling context. Know your ppl (strengths/weaknesses) & their numbers (results).
Status of prospecting pipeline & how ppl are performing relative to their specific goals.
Any roadblocks that are barriers to achieving unit’s goals.
Who your top performers are & how their methods might be transferred to team as a whole.
Who your bottom performers are, why they’re substandard, & what actions you have to help them perform better.
Your plans for coaching over next period (who you will coach & on what dates).
Monthly Questions for New Sales Manager
Probability of achieving unit’s sales goals.
Overall level of motherly sales activities. Is it enough to achieve unit’s goals?
How realistic are sales unit’s goals?
Whether any sales team members need additional scrutiny about remaining in their roles.
Best sales strategies identified recently.
Any new trends that might be surfacing.
Characteristics of effective Sales Managers & Leader
Ranked #1 by both managers & salesppl: Communication (effectively listening).
Ranked #2 by managers: Human Relations (developing rapport with members).
Ranked #1 by salesppl for importance (tied with communication): Knowledgeable (product, market, industry).
Effective Leadership Styles
Transactional
Transformative
Emotional intelligence
Instrumental
Participative
Servant
Transactional leadership
involves rewarding or punishing salespeople for their performance.
Transformative leadership
expressing care, concern, and individualized support.
Emotional intelligence
used to understand & help manage the emotions of other ppl in light of one’s own.
Instrumental leadership
providing clear guidelines, monitoring activities, and providing rewards based on goals.
Participative leadership
managers are supportive, seek input from salesppl, and are creating a friendly environment.
Servant leadership
prioritizing serving customers and serving their salesppl.
Coaching Principles
be role model
give feedback
prepare & observe
follow up
trust
The Future of Sales Management: What is The New Normal?
61% of workers now prefer to work from home.
Moving forward, sales managers must understand that “new normal” for work will likely change again in near future.
Maintaining human connections is vital for supervising, managing, & leading.
Help reps develop good work life balance in order to return them.
Futurize (Challenge for future leaders)
Shift to long-term focus & strategies.
Embrace tech (AI/CRM).
Track pack of change by embracing new ideas & long-term learning.
Shift from status quo & welcome risks & new ideas.
Humanize (Challenge for future leaders)
Embrace diversity.
Attract & retain top client.
Reskill employees.
Ensure org is purpose-driven.
Humanize the org.
Leadership Characteristics & Skills
Personal Characteristics (confidence, initiative, energy, creativity, maturity)
Managerial Skills (problem solving, interpersonal, communication, persuasive)
1st line managers deal with…
day to day operational issues or tactical situations
high level managers…
look at things from wider perspective & are more strategic; establish & delegate.
sales ppl → sales manager
‘must change’ thinking from individual achievement & performance to viewing salesppl as new customers needing to be served.
Key Point: sales managers are more than supervisors. They are LEADERS who empower salesppl & equip them to achieve personal & company goals.
Attributes of Successful leader
personal characteristics that shape outlook & approach to life.
Empathy (concern)
Ego Drive (Swagger)
Innovative (thinking outside the box)
Assertive (get the job done)
Flexibility (leading Millennials)
Integrity (your word is your bond)
Creative (challenging convention)
Skills of successful leader
abilities one posses that can be learned & tend to improve with practice.
Listening (premier skill; obtain info, trust and show rep valued)
Effective speaking (express what you mean)
Coaching (+/- feedback in unthreatening manner)
Organizing (time management, acc efficiency, territory routing)
Political skills (operating tactfully & judiciously with org)
Diagnostic skills
Conflict resolution skills
Knowledge
Ppl knowledge
Customer knowledge
Company knowledge
basic management functions
Planning
Organizing
Time management
Staffing
Training
Motivating
Compensation
Monitoring
Coaching
Informing
leadership types
Transactional & Transformation
Transactional Leadership
Views leader-follower relationship as process of exchange.
System involve dispensing rewards and punishments for accomplishing or not accomplishing certain tasks.
Transformation leadership
More visionary approach that seeks to energize followers to accept ideas and achieve particular goals.
What sets transformational leaders apart form transactional leaders?
Change agents
Have courage to take risks and be outspoken
Possess belief in ppl & seek to empower them
Have set of articulated core values that drive their behavior
Engage in lifelong learning
Have ability to deal with complex & ambiguity
Are visionary
Hersey/Blanchard Leadership Model
Tells
Emphasis placed on task performed than on person performing it
Manger makes decisions
Persuades
Emphasis placed on task & person
Manager makes decision & then sells idea to subordinates
Participates
Emphasis placed on person rather than task
Division in made jointly between manager and subordinate
Delegates
Emphasis placed on neither task nor person
Decision is left to subordinate who is responsible for carrying through with appropriate action.
Power & influence in Leadership
Legitimate – leader has right to request & demand action & subordinate his to comply.
Reward – giving benefits rewards for cooperation
Coercive – ability to issue punishment, negative sanctions or remove rewards (money, potion, support)
Expert – influence based on knowledge possessed by person & willingness to share it.
Referent – person admired and others want to emulate or identified with person.
What do leaders really do
Create vision
Develop team
Clarify values
Positioning tasks/strategy
Communicating
Empowering
Coaching
Measuring
Effective leadership outcome
Well trained
Trust among
Citizenship behaviors– voluntary behavior important to success of firm (when one rep gives encouragement to fellow, struggling rep)
Better performance
Sales force morale– sense of common purpose & belief among members that group goals can be attained.