Jul 04 2008
How To Stop Sales Mis-Hires
Just yesterday I had the opportunity to meet with a very seasoned CEO of a technology service provider who came to us in order to do a recruiting project for a new sales person. He came to us is because hes gone through four sales hires on his own and none of them have actually produced anything for his company. As we sat down to talk about this he sheepishly admitted that this had cost him millions of dollars of lost revenue and opportunity cost as a result of not getting the sales hiring process right.
This week I also had the opportunity to teach a course to a group of CEOs on how to improve their sales hiring process in order to avoid mis-hires. Of the fifteen CEOs in the room, when I asked how many of them had consistently had problems in making the wrong hiring decisions on sales people, three quarters of them raised their hands. We talked about the consequences of those mis-hires to their businesses, and as we went around the room we realized that millions and millions of dollars had been lost as a result of not bringing in the right expertise in order to do sales recruiting within their companies.
So one of the key attributes that Ive found amongst companies that have a hard time hiring sales people is that the hiring manager or the CEO of the company often times has an engineering operations or finance background and without any sales experience themselves, they have a real hard time judging what makes a good sales person and what doesnt as they go through the recruiting and interviewing process. If you are an executive with a non-sales background and youre called upon to try to accelerate your companys sales and take over the management of the hiring of key sales people, you might be prone to this kind of mistake. It might be wise to bring in outside recruiting expertise in order to help improve your hiring and reduce your risk of making mis-hires.
Companies that outsource their hiring function can have a dramatic impact on their top line performance because theyre going to leave the hiring of sales people to the experts and as a result, it becomes easier to bring in "A" players and "A" talent into their company. Yes. youll have to pay some fees along the way in order to bring in that expertise but when you compare the amount youre going to pay in relationship to the amount youre going to gain, the return on investment from that expense is well justified. We know countless CEOs whove gone through that discovery process themselves, who can testify that it really pays to bring in the right experts to do sales recruiting correctly.
Cube Management helps companies accelerate their sales, by providing the Sales & Marketing talent they need to grow their business. Cube is a leading recruiting and consulting partner to mid-market and emerging growth companies in the technology, manufacturing, healthcare and business service sectors. We work across the spectrum of Sales, Marketing and Business Development, providing holistic solutions that drive revenue and profit success. Cube Management combines Strategy, Process and People, to produce great results. Download the Cube Management Recruiting Guide and the Cube Management Inside Sales Guide.
Why Sales And Marketing Recruiting Is Different
Our company specializes only in hiring sales and marketing people, from front line contributors, to mid-level and all the way...
Sales Management: 5 Signs You Hired A Loser
Most sales managers got to where they are because they were effective salespeople, first.And they became effective in sales b...
Hire The Best, Weed Out The Rest: Recruiting Top Sales Producers
Hiring top sales people is the key to accelerating your companys sales. Sounds like a no-brainer, right? Yet even if you agre...
Recruiting & Hiring Sales & Marketing Superstars
Lets talk about how to recruit top sales & marketing talent. There are lots of people who get into sales and marketing for th...
Assuming Anything In Sales Is To Invite Failure
One of the biggest mistakes many salespeople make is to assume. To believe that something is true without any verification, ...
You Are Not Lazy, But Other Salespeople Are
Most people who are sales people are somewhat lazy in observance, however some spend a lot of time strategizing and thinking....
Opening A Dollar Store - How to Recover Sales When They Drop
One of the challenges that face the entrepreneur who is opening a dollar store is dealing with recovery of sales. It might be...
Sales Manager and the Phone Book Prospecting Trick
You know there are still some sales managers out there who instead of insuring proper amounts of qualified leads for their sa...
Great Sales Managers Make Less than all their Sales People
Are you a great sales manager? Well if you really are a great sales manager then every single one of the sales people under y...
The Forward Thinking Sales Manager Begins with the End in Mind
If an outside sale is truly a sales process, then there are steps involved for each sale. Since we agree on this fact, it mak...
Sales Management and Managing Sales
For those engaged in sales management and trying to control a group of self-starter type sales people you can just imagine ho...
A Sales Process Must be Certified to be Successful
If you were required to certify your sales process to be listed as a sales manager, could you? If you are like me, you have f...
Tips on How to Make Sales Incentives Work for Your Business
Your companys sales team is arguably the most exposed and hardworking group in your workforce, and thats just one reason why ...
The Measurement of Sales Performance
The measurement of sales performance is an essential part of any business. The success of a company depends on its revenue, w...
Your Sales Team Must Leverage Your Brand to Sell More
If you are a sales manager then it behooves you to leverage your brand name to sell more and your sales team needs to underst...
2007 Sales Management Strategies to Think On!
All entrepreneurs and companies must manage their sales because without sales the company is no longer viable. Sales manageme...
Magical Numbers for Increasing Sales
Many of us are aware of the marketing strategies many consumer based organisations use when getting people to buy their produ...
What if There Were No Sales Managers?
Every one knows that sales people are very personable types. They Relationship builders, they people people and some say that...
Sales Lead Management
Sales lead management is one of the key foundations of good sales. If you are a business owner, it is essential for you to ha...
Public Relations for Bowling Alleys
So often some types of businesses get a bad rap. We all know how the neighborhood water hole can get a bad rap from a fight i...