Services:
Work-Outs

     
  Work-Out Session Case Studies  
Transportation Company

Pharmaceutical Company 

Telephone Company

Client - A Major Publishing Company

What is the main knowledge we acquired through the
Knowledge Based Selling Program during the last two months?

  • Questioning

  • Getting the customer’s concept.

  • Finding out what the customer’s concept means.

  • Developing a deep understanding of customer concepts.

  • Customer concepts are dynamic.

  • Listening is the key to sales success.

  • Know when to pause when dialoguing with customers.

  • Identify information gaps.

  • Objections mean basic issues exist

  • You must understand basic issues and get to their source.

  • Confirm meetings and the meeting agenda beforehand.

  • Strive for WIN/WIN.

  • Customers must make commitments and deliver on them.

  • Business goes on beyond the close.

  • Preparation work matters.

  • Right size the preparation work.

  • Make sure we are a good fit with the customer’s concept.

  • Credibility is essential.

  • Focus on unique strengths.

  • Pre-call planning work results in more effective and shorter sales calls.

  • The questioning process and structured questions.

  • Patience is important in selling.

  • Silence is an important sales tool. (Golden Silence)

  • Flexibility is very important.

  • Selling is a process.

  • We need to ask clients how much support they require and expect.

  • Call frequency relates to the customer’s concept.

What new skills have we acquired?

  • Changed upside down selling to right side up selling.

  • Questioning.

  • % talking (20%) versus listening (80%).

  • Focused listening.

  • Making more notes.

  • Identifying and confirming customer concepts.

  • No sell selling.

  • Identifying customer information gaps.

  • Confidence in asking customers for commitments.

  • How to position ourselves to work with customers as partners.

  • Asking questions that let the customer develop the solution.

  • How to analyze sales calls and clarify the next steps.

  • Determining valid business reasons.

  • Focused selling versus shot gun.

  • How to differentiate ourselves based on the customer’s concept.

  • Techniques for following up customer action commitments.

  • The right questions to get at underlying issues.

What is the concept for our self-development program?

  • Increase sales.

  • Make ourselves better.

  • Improve our personal comfort level when asking for customer commitments.

  • Become more independent and empowered.

  • Become more productive and better balanced.

  • Strengthen relationships with customers.

  • Reach the team’s full potential.

  • Differentiate Leading Publishing Company from competitors.

  • Develop a common sales language for the team to communicate.

  • Reinforce the team approach to selling.

  • Strengthen team bonds.

How do we see ourselves now?

  • Poised for success.

  • Promising

  • More confident.

  • More aware.

  • Energized.

  • Apprehensive.

How do we see the ideal situation?

  • The structured sales approach is totally natural.

  • We are more confident about getting the sale.

  • We have more rewarding relationships with customers.

  • Success is the result of a logical process.

  • Compensation improves because results improve.

What is the main knowledge we acquired through the Knowledge Based Selling Program during the last two months?

  • Questioning.

  • Getting the customer’s concept.

  • Finding out what the customer’s concept means.

  • Developing a deep understanding of customer concepts.

  • Customer concepts are dynamic.

  • Listening is the key to sales success.

  • Know when to pause when dialoguing with customers.

  • Identify information gaps.

  • Objections mean basic issues exist

  • You must understand basic issues and get to their source.

  • Confirm meetings and the meeting agenda beforehand.

  • Strive for WIN/WIN.

  • Customers must make commitments and deliver on them.

  • Business goes on beyond the close.

  • Preparation work matters.

  • Right size the preparation work.

  • Make sure we are a good fit with the customer’s concept.

  • Credibility is essential.

  • Focus on unique strengths.

  • Pre-call planning work results in more effective and shorter sales calls.

  • The questioning process and structured questions.

  • Patience is important in selling.

  • Silence is an important sales tool. (Golden Silence)

  • Flexibility is very important.

  • Selling is a process.

  • We need to ask clients how much support they require and expect.

  • Call frequency relates to the customer’s concept.

What new skills have we acquired?

  • Changed upside down selling to right side up selling.

  • Questioning.

  • % talking (20%) versus listening (80%).

  • Focused listening.

  • Making more notes.

  • Identifying and confirming customer concepts.

  • No sell selling.

  • Identifying customer information gaps.

  • Confidence in asking customers for commitments.

  • How to position ourselves to work with customers as partners.

  • Asking questions that let the customer develop the solution.

  • How to analyze sales calls and clarify the next steps.

  • Determining valid business reasons.

  • Focused selling versus shot gun.

  • How to differentiate ourselves based on the customer’s concept.

  • Techniques for following up customer action commitments.

  • The right questions to get at underlying issues.

What is the concept for our self-development program?

  • Increase sales.

  • Make ourselves better.

  • Improve our personal comfort level when asking for customer commitments.

  • Become more independent and empowered.

  • Become more productive and better balanced.

  • Strengthen relationships with customers.

  • Reach the team’s full potential.

  • Differentiate Leading Publishing Company from competitors.

  • Develop a common sales language for the team to communicate.

  • Reinforce the team approach to selling.

  • Strengthen team bonds.

How do we see ourselves now?

  • Poised for success.

  • Promising

  • More confident.

  • More aware.

  • Energized.

  • Apprehensive.

How do we see the ideal situation?

  • The structured sales approach is totally natural.

  • We are more confident about getting the sale.

  • We have more rewarding relationships with customers.

  • Success is the result of a logical process.

  • Compensation improves because results improve.

What do we need to do to close the gap between
how we see ourselves today and the ideal situation?

  • Execute Knowledge Based Selling in our daily work.

  • Use the Sales Call Planning Guide.

  • Coaching – group/individual

  • Use the Knowledge Based Selling approach when discussing customer issues in meetings and conference calls.

  • Share our learning experiences.

  • Stay focused.

  • Deepen our understanding of each customer.

  • Profile competitors where relevant for sales success.

Client - A Major Transportation Company  

This Client is one of Canada's top transportation companies, and serves Eastern Canada and the United States.

Critical Business Issues

To maintain their leading position in the industry, the Client needed to address major new cost and people issues with their most important accounts. These included:

  • Significantly higher equipment costs due to new emissions standards
  • A serious shortage of drivers due to the unattractiveness of driving as a career.
  • Major increases in insurance costs (400% in two years) due to huge settlements in the U.S. courts
  • U.S. Homeland Security is creating serious delays at border points and is causing serious down time.

What was accomplished in the two day Work-Out Session?

  • A deep understanding of background on the major cost issues was developed.
  • The strategic impact of the new costs challenge was established.
  • The company's sales and management team clearly understood the business issues and were committed to addressing them for the company's on-going success.
  • A communication program that focused on all important customers was developed.
  • Implementation plans were spelled out in detail for immediate execution and follow up over the next 30, 60 and 90 days.

What was accomplished following the Work-Out?

  • All strategic accounts were briefed on the price increase within two weeks so they were able to plan their 2003 and 2004 pricing.
  • 100% of the price increase target of 5% to 7% overall was accomplished with strong support from the company's strategic accounts.
Client - A Major Pharmaceutical Company

This Client is a strategic supplier to many areas of the animal health market and has significant leadership in the swine market segments.

Critical Business Issues

  • Swine production is consolidating on a world wide scale.
  • Reducing the use of pharmaceuticals in meat production is a priority wellness issue.
  • R&D costs are high to develop new products that impact the quality of pork significantly in terms of human health and nutrition.
  • Most relationships between swine producers and the animal health suppliers were at the technical level.
  • Few strong senior executive relationships existed.
  • The planning time frame was generally on a one year basis.

What was accomplished in a three day Work-Out Session?

  • Strategic accounts were identified in terms of long-term mutual benefits.
  • Cross-functional account teams were created to manage the main strategic accounts.
  • Each strategic account's relationship's status was benchmarked.
  • Plans were put in place to deepen and broaden the relationship.
  • SWOT analyses for each strategic relationship were completed to provide a clear understanding of the issues and opportunities.
  • Three year strategic plans were established for the four largest strategic accounts.

What was accomplished following the Work-Out?

  • Senior executive contact has increased.
  • New strategic initiatives to work on jointly are being identified.
  • The supplier's strategic focus has improved significantly.
  • Responsiveness to strategic accounts has increased.
  • Three year strategic goals have been agreed to and are being worked on jointly.
  • The involvement of senior executives in building long-term strategic relationships is well advanced.
  • The supplier's competitive position has been reinforced.
Client - A Major Telephone Company

This client is one of Canada's leading telephone companies, with representatives of a major power utility sharing the session.

Critical Business Issues

This client holds a significant lead position in its market area. It needs to reinforce its relationship with a provincial power utility, which understands the need for closer relations. Important issues were as follows:

  • Business complexity has increased due to new regulation, technology and competition.
  • Internet growth is the most important opportunity
  • Major cost improvements are required to maintain the company's competitive position.
  • Competitors practice market share growth at all costs with no understanding of long-term cost issues.
  • Addressing frontline service issues has been successful in minimizing market share losses.
  • Customers see real value in system reliability.

What was accomplished in a one day Work-Out Session?

  • The importance of working jointly and removing tension from the relationship was agreed to.
  • An opportunity to leverage each company's maintenance and capital investment programs was identified.
  • A joint recognition that continuous cost improvement is a strategic issue and needs to be addressed jointly.
  • An aging workforce is a strategic issue for both the supplier and account and plans were put in place to address this challenge jointly.

What was accomplished following the Work-Out?

  • Immediate action has been taken on the non-important issues which were creating tension in the relationship.
  • Finalizing the 30, 60 and 90 day work plans is well advanced.

Work-Outs are customized for each client.
For more information, contact Brian Smith at BrianSmith@BrianHarrisonSmith.com

 

Updated May 2006