Nicholas Read

Nicholas Read

SalesLabs
  • 0 comments 1,022 reads
    Posted on 2010-05-05

    As the global economy continues to tighten, most businesses appreciate they won’t get different results by doing things the same way. But much of the science for growing in a recessionary market is counter-intuitive, and managers whose hands were on the rudder in previous downturns are no longer in the workplace. Few of today’s executives therefore have ever faced this kind of storm in their career.

    It’s a situation primed for old mistakes to be made all over again.

    Former executives of Fortune companies and start-ups, who captained the ship through the ‘70s stock market crash to the ‘90s dot-com bubble, reveals some useful home truths. They report a range of signs that it’s time to rethink how your company sells:

  • 0 comments 8,229 reads
    Posted on 2010-04-19

    Today’s executives expect you to have done your homework before meeting them. They don’t want to educate you on information that can be readily obtained from the Internet or a subordinate. And they expect you to commit them to take action as a result of your call. Prepare yourself for those career-defining executive calls by studying your client’s internal or external business drivers. This helps you put in context how your products and services can make a contribution that’s better, faster or easier than the approach presently used. What do these drivers of executive decision-making look like?

    Financial drivers

    Every executive is under financial pressure to perform. At the most basic level, executives must do one of two things to produce a profit: increase revenue or reduce costs. For salespeople to build business value for an executive pressured by financial drivers, they must ultimately help them move the needle on profit or cost, and to do so...