Thursday, August 4, 2016

Navigating Mergers and Acquisitions: A Crossroads for Your Sales Team


Mergers and acquisitions (M&As) present a double-edged sword. Buying out another company is one of the easiest ways to increase your scale and penetrate an otherwise untapped market. On the other hand, a merger can also result in an unhappy and unprofitable marriage.

Nowhere are the challenges of M&As more felt than in the sales department, responsible for generating the newly formed company’s revenue. After all, the merger isn’t just a marriage of cultures, it’s also a marriage of expectations, processes and employees.
http://www.salesdevelopmentexpert.com/navigating-mergers-acquisitions-crossroads-sales-team/

Wednesday, August 3, 2016

Sales Management Training Offers a Solution to an Oft-Neglected Issue




If you’ve ever watched the TV show, The Office, then you probably know the character Michael Scott, the bumbling, ill-liked boss of the Dunder Mifflin Paper Company. Late into the show’s run, viewers were shocked to learn that once upon a time, he was an award-winning salesman who won half the company’s client list. How does a company’s best salesman become that same company’s worst manager?

Set Up to Fail

According to a study conducted by the Association of Talent Development, 66% of the companies it surveyed trained their sales personnel at least once a year. In contrast, only 11% trained sales managers and 22% didn’t bother to train managers at all. Companies that underinvest in sales management training are breeding grounds for the Michael Scotts of sales management.
http://www.salesdevelopmentexpert.com/sales-management-training-offers-solution-oft-neglected-issue/