Thursday, October 6, 2016

The Role of the CEO in Sales Leadership

The Role of the CEO in Sales Leadership

Although this article is focused on CEO’s this piece applies to anyone in a leadership role overseeing a sales team. Any good leader is savvy enough to know that the act of leadership is more than just rallying the troops, it is more about building new leaders and boosting sales. It’s challenging to be a good leader, however, even those who are savvy in leadership do not go about the process effectively.

“Research by the Sales Management Association (SMA) conducted earlier this year shows that 49 percent of firms are spending more per salesperson than they did only a few years ago. Additionally, 60 percent expected to increase spending further in the coming months. It's also worth noting that Global 2000 firms are spending more than $2.4 trillion on digital sales channels and tools.

However, in spite of this substantial investment in salespeople and tools, there seems to be a lack of suitable sales leadership, as well as dissatisfaction with the tools and strategies employed.”

CEO’s and sales leaders in general must rely on five tactics, as written by Independent Business Consultant Larry Alton:
1.       Emphasize Objective Data
2.       Realize the Cost of a Bad Hire
3.       Demand Accurate Forecasting
4.       Research and Adopt the Right Tools
5.       Develop Leaders at Every Level

Being a good leader is challenging for sure but by surrounding your team with the right people your organization can easily grow.


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