Donal Daly

Avoid the Delta of Disappointment

comments 0 comments  |  921 reads

In a previous post, I recounted the returns companies get when they deploy a sales methodology, and also the reasons why many companies invest in methodologies only to see them languish in the abyss of poor adoption. I’ve written also about the value of a sales process, and the need to integrate both methodology and sales process in  the CRM system. Through the work we have been doing with the Dealmaker Index Global Sales Benchmark study, we can now report the impact of applying all of these best practices together.

Dealmaker Index is a global sales benchmarking service that is free to all, where you can score your sales effectiveness relative to your peers and gain advice on how to improve.  As we have been mining the data, we are coming up with some interesting findings, and I hope that you will find the analysis to be valuable.

In this case we looked in aggregate at the quota attainment impact of four best practices.

1. CRM Usage > 75%

2. Methodology Usage > 75%

3. The Sales Process is Well-Defined, and

4. The methodology is integrated into the CRM.

Dealmaker Index results for when process, methodology and technology collide

In this kind of analysis, it is always better to look at middle of the bell curve to understand the trends.  (Data at the edges will frequently distort the findings.)

In this case I want to focus on the difference between the those companies where 25-50% of the sales team are achieving quota (the blue line sloping downwards to the right), and those companies where 50-75% of the sales team are making quota ( the gray line sloping upwards to the right).  Most companies fall in to these two categories, and they are the boundaries of what I call the Delta of Disappointment.  The Delta of Disappointment represents the difference (or delta) between the sales team’s potential and the actual results.  Typically this means that you’ve got the right caliber of professionals on the team, but they are being hamstrung by lack of process, methodology, and tools. Remember the average percentage of sales reps making quota consistently hovers around the 50% mark. Being on the right side of average is the difference between just being able to survive, and have the results and consequent resources to thrive.


Republished with author's permission from original post by Donal Daly.

Donal Daly

Donal is Founder and CEO of The TAS Group the creators of the Dealmaker intelligent sales software application. Donal also founded Software Development Tools - acquired by Wall Data (NASDAQ: WALL), NewWorld Commerce, The Customer Respect Group and Select Strategies. Donal is author of four books including the best selling Select Selling Sales Fieldbook. He can be found on his blog at www.dealmaker365.com or on Twitter @dealmaker365
0
No votes yet
 

0 comments »

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.

MarketPlace

Global Customer Experience Management (CEM) Certification Program

[May 30-31, Frankfurt; July 25-26, Hong Kong] An internationally recognized program with proven track record of success - being run for 34 times in 13 cities with attendees from 50 countries, the program is developed based on the U.S. patent-pending Branded CEM Method which aims to drive customer loyalty and brand differentiation with quantifiable business results. Limited offer: USD300 early bird discount.

Register today for Confirmit’s Mobile Research Roadshow!

Join us on May 29th in New York City. Stuart Ryder, SVP, Mobile Research Lead for Ipsos IOTX & Roxana Strohmenger, a leading Forrester analyst, will be in attendance to share best practices and new trends in mobile market research.

Register today for Confirmit’s San Francisco VoC Roadshow!

[June 12, Sir Francis Drake Hotel] Gregson Siu, Vice President, Ariba Business Operations, Ariba and Bob Thompson, CustomerThink, will be in attendance to share best practices, new trends and latest research to help you develop your customer experience program.

Social Networking and sCRM International Congress in Colombia

[June 25-26, Bogota] Thirteen international thought leaders will present, from different perspectives, the trends, the uses, and the magic - as well as the reality - of Social Networking and how it impacts the way customers are doing/will do business.

Driving ROI With VoC

Walker has identified multiple ways to measure ROI – there is not a one-size-fits-all solution. This paper will address each and conclude with some recommendations to help B-to-B practitioners evaluate which ROI approach will work best for their particular business need.

Featured Links

Salesforce CRM

The leader in customer relationship management and cloud computing.

Strategic Roadmap for Digital Marketing

Free e-book (no reg required). 15 articles by digital marketing thought leaders.

Get your event or resource listed in the MarketPlace, reaching 200,000 business leaders monthly.
For more information, contact CustomerThink advertising sales.