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Is it a Supply Chain Problem, or a “You Chain” Problem?

We all know that things are difficult right now in the economy.  Product shortages abound.  Finding employees is a challenge.  In some areas, restrictions on the operation of your business still exist.  Costs and prices continue to escalate.  There’s no question about these issues – but some companies are still thriving in all areas, and some companies are struggling more than most.

It’s tempting to blame problems on “the economy,” as I wrote back in 2008 during a very different set of economic challenges.  But what I found then – and continue to find now – is that economic challenges have a way of exposing issues that were already existing in a company’s business model and culture.  Perhaps I should say that a strong economy can paper over those issues, and the rough economy strips the paper away.  Here’s what I mean.

There’s a restaurant chain with several locations in Kansas City, and all of those locations have two big things in common:  Huge wait times, even though the parking lot is nearly empty, and a list on the door of menu items that are unavailable.  The wait times are due to the fact that they are short-staffed, and the list is due to the fact that they are having difficulty getting product from their suppliers.  This is true of all of their locations – and it’s not the overall environment, since all these restaurants are located in the middle of other restaurants, all of whom are doing business more or less at a normal rate.

I was thinking of this as I had breakfast recently with a client of mine. This client employs a few hundred people in all phases of operating a large distribution company – sales, warehouse, drivers, customer service, management, etc.  He was telling me that he’s fully staffed, that he is meeting all of his customers’ needs for product, and that he is having a record year.  His competitors are struggling with the conventional issues of personnel and supply, while he is not.  He’s been challenged, to be sure, but he’s overcome those challenges.  How has he done it?  Well, the truth is that many of the things that he has done are simply good business practices that he implemented long before things got weird last year – and others have been skilled adaptations to the environment.

Treat your employees well:  This should go without saying, but it doesn’t.  He does the little things very, very well.  For instance, when his route trucks return from their routes, someone goes into them, picks up any trash, vacuums them, and cleans them up so that the driver has a clean, hospitable workspace.  He does the same with his office personnel.  It’s a little thing, but it matters.  Every employee, from the President on down to the person who does that cleaning, is treated respectfully and reminded that they are an important part of the machine that gets product to the customers.

Compensate appropriately:  Yes, wages are escalating.  Yes, some of this is due to forces outside simple supply and demand.  You can complain about it or you can do something about it.  He doesn’t overpay his people, but he pays them well and they appreciate it.  One thing that he does not do is pay sign-on bonuses.  His reason – a correct one – is that sign-on bonuses are a slap in the face of your current employees.  It sends a signal that the new employee is more valuable than someone who has been there.  Sign-on bonuses typically happen in high turnover environments, and perpetuate the turnover as current employees become dissatisfied.  Instead, pay everyone appropriately, treat them well, and you attract and keep good people.

Market your new hiring opportunities:  Most job listings are absolute junk.  Hiring managers take the lazy way out, and grab the job description out of the HR file and slap it up on the Web.  Make no mistake – hiring is a marketing project and should be treated as such.  Get your marketing department to write a killer ad that explains why anyone who reads it should be dying to work for you, and gives them a call to action.  Or, you could check out my Hiring Assistance Programs, and I’ll do all that and more for you.

Have great vendor relationships.  My client is able to get product from vendors – even when those vendors have to short other customers to get it to him.  Why?  Because he’s always treated his vendors and their reps well and with respect.  When supplies get tight, vendors are people too, and they’ll prioritize those who have treated them well and shown loyalty.  A couple of months ago, I participated in an industry roundtable Zoom call, and in this call, one dealer President complained bitterly that his main vendor rep was “screwing” them and not supplying them with the key product that they needed, while taking care of other dealers in his market.

Well, two years ago, I had presented at their sales meeting.  During this meeting, that vendor rep also presented, and his sales staff raked that rep over the coals. I mean, they just took it to him and enjoyed it.  It was immediately clear to me that they were mainly doing it for the enjoyment of it – none of their complaints at the time had to do with key issues like product quality or availability.  I could see the rep getting madder and madder, but he handled it like a pro.  I mentioned this to the President later, and he just laughed and said, “Oh, they always do that.”  During the Zoom call, I reminded him of this and said, “Hey, remember the fun you had at that meeting?  It’s coming back on you now.”  He got a little upset, but the truth hurts.  Take care of your vendors.  Oh, and the restaurant that I mentioned at the start of this article?  They are known for changing suppliers at the drop of a hat over the smallest price savings. Now they can’t get product at any price.

Have great customer relationships.  This should go without saying – but great customer relationships always help you through difficult times.  The trouble is that most salespeople and business owners don’t understand customer relationships.  They think they have a “relationship” with everyone who buys from them.  Read this article to understand the three levels of customer relationships.

Tell them what you can do, not what you can’t.  As I was about to finish this article, I had a call from another Smooth Sailing Coaching client.  He had a situation where a customer had asked him to speed up implementation of a service, and he’d told them that he couldn’t – so the customer went to another vendor who could.  On the face of it, this might have been inevitable, but it might not have been.  I coached him to instead, ask the customer for a bit of time to come up with a plan, and then come up with some sort of an action plan to start handling their needs more quickly.  Maybe it wouldn’t have worked anyway, but it might have.  The flat “no” simply sent the customer elsewhere.  Instead of saying “no,” take a little time and give them a positive “here’s what I can do” answer.  Customers are remarkably understanding.

The restaurant chain may not recover from all of their problems – but the companies who implement good fundamental practices like the ones above, and then improve upon them as they can, will be the winners in this or any other economy.

The Best Ways to Keep Your Remote Team Happy and Motivated

When implemented correctly, remote working can benefit your employees. A better work-life balance, an increase in productivity, and greater work flexibility are just some of the many perks that remote working can provide your team. But despite these benefits, remote workers are still prone to feeling isolated and less motivated. In fact, a study by Emotive Technologies notes that employees who work remotely are nearly two times less engaged than their office-based counterparts. This decrease in engagement rates is due in part to poor communication, a lack of coordination, and virtual fatigue.

If you are managing a remote team and are struggling to keep them happy and motivated, don’t fret! In this post, we’ll discuss the best ways to engage and uplift your remote team.

Foster a culture of connectedness

As we’ve mentioned, remote workers are prone to feeling lonely and isolated. Because of this, you should try to facilitate genuine connections between your remote employees. This also means recognizing that your employees are more than just your workers and have unique interests, ideas, and backgrounds. To create a virtual space where your employees feel safe in sharing their experiences and authentic selves, be sure to hold regular check-ins where you can have a light-hearted conversation and catch up with your remote employee.

In addition, weekly virtual town halls where they can nurture a meaningful relationship with their coworkers can also help. Business resource IdeasPlusBusiness.com highlights how icebreaker activities, Q&A sessions, and games can make your town halls more exciting and engaging. By fostering a culture centered on connectedness, you can offer emotional support to your remote employees and prevent them from feeling disengaged and unproductive.

Help them stay on top of their finances

Your employees’ financial woes can affect their performance at work. An employee financial wellness survey by PwC highlights how finances are the leading cause of employee stress. If you fail to help your remote employees get their finances in order, their financial anxieties can impact their productivity and your business outcomes.

This is why it’s important to offer a financial wellness program at work, which can help your employees gain financial literacy and stability. Your financial wellness program should include guidance on how they can manage their own money and find financial independence down the line. For one, your program should point them to money and investing resources for additional reading. AskMoney.com, which has insightful articles on investing, budgeting, and loans, is a perfect example of a website that can help educate your employees on achieving financial stability. In addition, you should also employ the services of a trusted financial advisor to offer financial coaching and behavioral management to your employees. By doing this, it can help your remote employees squash their financial anxieties and focus on their tasks at work.

Send thoughtful care packages

Don’t let distance prevent you from giving your remote employees a token of your appreciation. Sending care packages can show your employees that you care about their wellbeing and mental health, which will help boost workplace happiness and engagement rates. In a time where a lot of companies are experiencing high turnover rates, it’s advisable that you keep your remote employees content by sending carefully curated care packages. The packages should include things like trinkets and items that your employees will appreciate. If you’re too wrapped up with work, you can contact a small business that can organize corporate care packages and gift boxes for you.

The tips we’ve listed above can help to improve motivation and boost your remote employees’ happiness. For more sales coaching and management insights, be sure to have a look at our other posts here on TroyHarrison.com. And if you have any other tips on how to keep your remote team engaged, feel free to leave your comments below.

How to Sell Anything to Anyone, Every Time!

I just lied to you when I said I could tell you how to sell anything to anyone.  Right there, in the title, I told a lie.  But I have a reason.  You see, I’m tired of ads popping up on my Facebook page and my LinkedIn profile promising “THE SECRET TO CLOSING EVERY DEAL AT THE HIGHEST PROFIT EVER!”  “WORKS EVERY TIME!”  I’ve had it up to here, because if someone tells you that anything “WORKS EVERY TIME!” in sales, they’re lying to you.  Nothing “works every time” in sales, because we sell to human beings with their own frames of reference, worldviews, needs, and perceived solutions.

Those ads are designed to sell one thing – whatever course they are peddling.  They sell to salespeople who are desperate and want a “magic button” solution.  Hint – there is no magic button.  I’m sure that there is some benefit in all of these courses, but their “works every time” promise will always remain unfulfilled.  In fact, I’ve had people advise me to sell my own training that way, and I simply refuse.  I have more respect for your intellect than that.  With all of that said, let’s talk about a 5-step program that will actually increase your sales – a program you can implement on your own in a couple of hours a week.  And best of all, I’m not going to charge you for this program; I’m giving this knowledge to you.  The work is up to you.

Successful selling happens in five steps:  Prospecting, Discovery, Presentation, Proposal, and Closing.  What if you took, say, 20 focused minutes every day, picked one of those steps, and refined your technique in those 20 minutes?  It could look like this:

Monday – Prospecting:  Let’s face it.  Most salespeople – probably 90% or more – are boring when it comes to prospecting.  “Hi, Mr. Smith, this is xxxx from xxxxx company.  I’d like to talk to you about your printing supplies.  Do you have a minute?”  Or even worse – “Hi, Mr. Smith.  I’d like to quote on your next order of printing supplies.”  Yaaawwwwwnnnnnn.  Those approaches will get you off the phone in seconds.  Be interesting.  Explain – QUICKLY AND CONCISELY – how you have solved problems for other customers, and might be able to solve problems for Mr. Smith.  Spend 20 minutes working on your approach statement and try it out on customers and co-workers.

Tuesday – Discovery:  This is the most important phase in the selling process.  It’s also the most shortcut.  It’s the most important because if you don’t discover what your customer really needs, what their priorities are, and how they define success, you’ll never be able to solve their problems.  It’s shortcut because too many salespeople are anxious to get to their “pitch.”  Don’t be that salesperson.  Try this – each Tuesday, spend 20 minutes coming up with two new questions that you can ask customers.  Then try them out.  Figure out what works well.  Keep what works, throw away what doesn’t, and rinse and repeat.

Wednesday – Presentation:  I’m not a fan of carefully scripted and rehearsed presentations. It’s more important to be able to think on your feet, and draw good presentation statements out of your head, than to spend hours rehearsing a big presentation.  Learn your product or service.  Each Wednesday, spend 20 minutes learning at least one feature/benefit coupling of your products that you don’t know.  Internalize it so you can recall it on the spot when your customer needs you to.  And think of your presentations in groups of three.  For every problem your customer faces, you should have three reasons your product will solve it.

Thursday – Proposal:  The key to the proposal is confidence.  You must be able to quote a specific price/service/product offering and not waffle.  Get rid of the weasel words like “last shot at the price,” etc.  Every Thursday, spend 20 minutes creating a concise proposal document (hypothetical or real), and then practice quoting it to the customer in a way that both communicates the value of your offering and communicates that this is the last word on the price.  Role play with other salespeople if possible.

Friday – Closing:  This is the part of the sales process that all of the “win every deal” charlatans focus on.  Spoiler alert – it’s also the simplest.  All you have to do is just ask for the business in a forthright manner.  That won’t take up many Fridays, will it?  So, after you have mastered that skill, use this 20 minutes to go back over the previous week’s activities and do a strong postmortem on your wins and losses.  Use that to target your 20-minute days for the next week.

Now, you’ll notice that there’s no “magic button” there.  I don’t promise that you’ll “CLOSE EVERY DEAL,”  or even “HOW TO SELL ANYTHING TO ANYONE!”  But successful selling is a process, and by using that process to guide you toward incremental improvement, I can guarantee that in six months’ time, you will be a MUCH better salesperson than you are now – even if you’re great right now.

And continuously practicing to improve your sales skills is the one thing you can do that really does WORK EVERY TIME.  That’s no lie.

How To Manage Your Schedule

Time for another old blog post.  I wrote this one, admittedly, in a fit of pique – but it still holds up well.  There’s really not much I’d change, but I will add some tips on how to manage your schedule at the end.

“Scheduling Integrity” is an important part of sales professionalism.  If you don’t know what that is, read on.

Well, the phone just rang.  Looking at the number, I knew what was about to happen.  Sure enough, it’s a person that had requested a meeting with me today, and that meeting was scheduled for a few hours away.  And she was calling to ask if I would reschedule.

“Reschedule.”  That word really is a pain in my rear end, to tell you the truth.  The call went like this:  “Hi, Troy, we have a meeting today.  I’ve had a conflict come up, and I need to know if we can reschedule.”  I agreed to do so, but not happily.  See, I know what “something came up” means, and so does everyone else.  “Something came up” means “Something better came up.”  The problem is that, while something better came up for the other person, now I have an hour of my business time that I’ve already committed – and I can’t sub in another meeting.

I’ve come up with a term for this, and it’s “schedule integrity.”  Basically, it means that when you make a meeting, you take it seriously and honor it.  When someone – anyone – agrees to meet with you, they are making a commitment to you.  Your commitment to them should be at least as serious; more so if you are the requester of the meeting.  Cancelling a meeting that YOU requested is a big sign of disrespect.  It shows that you don’t know how to manage your schedule.

You see, in most meeting dynamics, there is the person who expects to ask for something, and the person who will be asked.  We’re talking about the basic customer/salesperson relationship here.  It happens in networking environments, as well.  A while back, I was asked to “meet and do some networking” with someone that I know.  An hour before the meeting, he did the ‘cancel and reschedule’ number.  On the rescheduled meeting, he canceled a half-hour before the meeting.  I haven’t rescheduled, and I won’t.  Again, a lack of respect.

It’s not tough to avoid these situations.  When you request and get a meeting, consider that time locked on your schedule, and set new meetings at times that don’t conflict.  That’s what adults – and professionals – do.  And as I noted, the dynamics are different depending on whether you are the requester or not, but if you request meetings with someone that continually reschedules, consider that a message that your meeting won’t happen, and won’t be productive if it does.

If this were an occasional situation, I wouldn’t take the time to blog about it; however, I am constantly amazed by how many salespeople fly by the seat of their pants with respect to scheduling.  Professionals always have something scheduled, make the most of their time, and respect the scheduling of others.  If you don’t have this trait, and you’re wondering why you’re not part of the ‘elite’ group of salespeople, here’s a big indicator.  This is basic time management.

These rules do of course change in the event of personal sickness and personal emergencies.  I had a candidate reschedule an interview on Monday with no penalty due to illness: I prefer to keep the vomit reflex as far from my office as possible.  But I find that situations like that are the exception and not the rule.

Bottom line – if you want to be respected as a professional, and treated as one by your customers and associates, step one is to have (or adopt) schedule integrity.

Now that you understand schedule integrity, here are some tips on how to manage your  schedule:

  1. Maximize customer face time during face-time hours.  Every industry has hours that their customers will be more available – you should be working to maximize yours. 
  2. Regularly disqualify old proposals so you’re not spending time chasing things that won’t close.  Here’s a video giving ideas on how to do this.
  3. Build prospecting time into your schedule a week ahead – make an appointment with yourself and keep it. Schedule integrity matters for commitments to yourself.
  4. Don’t let “better things” come up.  When you make an appointment, consider it inviolate for all but the most dire of emergencies.  “I can close a sale over here” is not a dire emergency – if a customer calls requesting a meeting time that you already have booked, simply explain that you’re booked and land on a new time.  The fear is that the customer will decide to buy elsewhere because you’re in demand.  Nonsense – customers appreciate that you keep your commitments, and will understand that you will treat THEIR commitments the same way.
  5. Underbook yourself.  That’s right, I said UNDERbook.  If you plan a day when you’re going hammer and tongs from meeting to meeting, I will guarantee that something will come up and you’ll miss a meeting.  Don’t be that guy or gal.  Book a strong week but a reasonable one.  With technology the way it is today, if you end up with 30 extra minutes between meetings, you can always do productive work in your car.
  6. Always give the customer value for time spent.  More on that here.

If you respect your schedule and those of your customers, they will respect you and yours.

How to Create an Effective Sales Presentation

I’m often asked how to create an effective sales presentation. Creating a great sales presentation isn’t hard – but you have to remember who the star of the show is.  Hint – it’s not YOU.  Too many salespeople think that the presentation is all about THEM and THEIR stuff, and not about the CUSTOMER.  This is one of the primary aspects I work to get across in my training.

Here’s the thing – the customer cares what YOU can do for THEM.  They care about THEIR problems.  So any tutorial on how to create an effective sales presentation begins with that focus, like this one does.  It’s a great video, and it’s a good investment of five minutes of your time.

For more on sales presentations, here’s a video of me speaking at a convention in Vegas a few years ago!

5 Signs It’s Time to Disqualify Proposals

One of the biggest time wasters in sales is a backlog of non-viable proposals clogging up a sales funnel.  Salespeople tend to be the eternal optimists, thinking that “one more call” might get the deal done, when in fact, the customer has declared the deal dead – they just haven’t told you.

Still, when is it time to let go of that optimism and disqualify proposals? That’s hard.  Some of it is gut feel, and some of it is science.  Ultimately, your customer will tell you to disqualify proposals – you just have to be listening.  Here are five signs that it’s time.