Andrew Rudin

Will This Year's Sales Assumptions Work in 2009?

comments 4 comments  |  3144 reads

Resolution making can be an easy-to-delay challenge. After January 1, the world keeps moving and we must move with it--resolution-ready or not! But so much changed in 2008 that I felt a resolution or two might help stabilize an otherwise shaky sales horizon. So I formulated my 2009 sales resolutions by combining them into two Janusian groups (owing its name to the Roman god of gates and doors, Janus, whose vigil required him to look in two directions):

Things to continue doing
Things to do differently

Things to start doing
Things to stop doing

Before January’s calendar rolls into double-digit days, I wanted to share my list for my clients and other enterprises:

Things to continue doing (for some people, after 2008, this might be the shortest of the four lists!):

1. Setting strategic goals that push the envelope (sometimes called BHAG’s—Big Hairy Audacious Goals).
2. Leveraging social media for marketing and sales.

Things to do differently:

1. Develop not just many social media connections, but those that provide the highest value to enterprises: innovation, revenue achievement, and knowledge for process best practices.
2. Reorganize marketing and selling processes to address redistribution of information power and changes in how people buy.
3. Trust, but be more skeptical. As author David Berreby said, when writing about trust in the New York Times(March 30, 2008), Stanley Milgram’s famed electric shock experiments show “in difficult situations, when (people) wrestle with the line between trust and skepticism, trust often wins. Much of the time, that’s a good thing.” The aftermath of Bernie Madoff’s scheme suggests differently.

Things to start doing:

1. Ask a teenager for ongoing, in-depth tutorials about how to use Facebook, Twitter, instant messaging, and other social media tools (if you haven’t already done so).
2. Seek opinions from people, books and blogs that are controversial or even disagreeable.

Things to stop doing:

1. Flogging the sales force for more productivity and more revenue output without providing better tools, training, or process improvements.
2. Delaying strategy decision making “until we know what the economy is going to do.” The forces in world keep moving. Could the risks of indecision be greater than the risks from a wrong decision?

What’s on your list?


Andrew Rudin

Andrew Rudin is Managing Principal of Outside Technologies, Inc., which provides sales risk management strategy and services. Andy is a Certified Social Media Strategist, and holds an MS in management information technology from the University of Virginia. Follow me on Twitter or get in touch by email or phone.
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4 comments »

John Todor

John Todor

Unarticulated Assumptions

Andy,

Thanks for the provocative thoughts. Reading your post reminder me of a concept introduced by the futurist, Alvin Toffle. "Ignorage" runs ramped when things change quickly. According to him, ignorage comes into play when people are operating on assumptions or logic that might have once been valid but, due to changing conditions, is no longer so.

So many business leaders are "hunkering down" as if they are going to ride out a storm and return to business as usual. Some economizing is, no doubt, warranted, but so is some serious reflection on current and future business dynamics.

John

John I. Todor, Ph.D.
Author of "Get with it! The Hands-on Guide to Using Web 2.0 in Your Business.

Graham Hill

Graham Hill

In a Word.

In a word...No!

Let's face it. Many of the assumptions didn't work in 2008 either. Recession or not.

This is a time of Schumpeterian creative destruction. Change. Or be history.

Personally, I am quite enjoying the recession. Not the pain caused to many of my friends' businesses, but the opportunities to spot many of tomorrow's winning companies in the making.

Oh, and if you spot one of tomorrow's winners, leave your tired old company and join it. I did! You won't regret it.

Graham Hill
Independent CRM Consultant
Interim CRM Manager

John Todor

John Todor

Renewal

Andy and Graham,

There is something to what Graham mentions as enjoyment in those who are renewing, rethinking and finding ways to seize the opportunities brought on by the recession. Most focus on the challenges, their challenges. Others see the challenge confronting others as a business oppportunities.

I am currently interacting with a new company that is designed to seize the moment and the energy level is extremely high.

John

John I. Todor, Ph.D.
Author of Get with it!. The Hands-on Guide to Using Web 2.0 in Your Business

Andrew Rudin

Andrew Rudin

In Business, the Spoils Belong to Those Who Question Authority

Graham and John: thanks for your comments. If I've learned anything from 2008, it's that failure to question old assumptions, and the sometimes-antiquated wisdom on which those assumptions are based, leads to business problems and failure. Think GM/Ford/Chrysler, Madoff, and now (gasp!) Toyota! What's next?

As Graham suggests, what better time could there be to spot nascent opportunities--ones that are built on new sets of assumptions?

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