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PRODUCT
FOCUS
PSI™, PXTS™: Turning the 80-20 Rule on its Ear
Any sales leader weary of witnessing
the old 80-20 rule at work – 20 percent of the
salespeople are nabbing 80 percent of the sales – can
put a stop to that fatigue with two key assessments.
Think of them as a gentle one-two punch that doesn’t
knock anyone down or out but effectively changes the
hiring/training/coaching landscape.
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PROFILE SALES
INDICATOR™
First, let’s look at the Profiles Sales
Indicator™. This assessment measures the
essential qualities of a salesperson, including
competitiveness (how persuasive, confident and
assertive is she?); self-reliance (does he work
independently?); persistence (is she tough when
necessary?); energy (can he maintain the
company’s pace with zest and enthusiasm?); and
sales drive (can she envision success?).
Sales managers often cannot say what makes
the company stars shine. They know only that
these stars do their jobs superbly and drive
the company’s success. They may wish they
had 10 more just like them. The PSI™ can
help find those successful job candidates by
matching them to the company’s star-studded
standard. How? With its customized job
pattern.
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What companies receive in the PSI™
report is a prediction of a job candidate’s performance
in the essential areas of prospecting, closing sales,
call reluctance, self-starting ability, teamwork,
building and keeping up with relationships, and
compensation preferences. These predictions can help
attack that 80-20 rule at the front end of the hiring
process.
The PSI™ takes about 20 minutes to
complete and offers clear, no-nonsense reports. It’s
also made to specifications, customized by company,
sales position, department, manager, geography or any
combination of these factors. Simply put, the PSI™ takes
the guesswork out of hiring star salespeople.
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PROFILEXTSALES™
Next let’s examine the special qualities of the
ProfileXTSales™ assessment. Salespeople work in
an increasingly competitive pressure cooker.
It’s no wonder that 38 percent of salespeople
say they plan to leave their jobs within two
years (2006 Sales Performance Study, Miller
Heiman). Companies clearly need an advantage in
recruiting, hiring and retaining top performers.
The PXTS™ puts sales leaders in prime position
through its identification, development and
retention capabilities.
This assessment gives key
information on a person’s thinking style,
behavioral characteristics and occupational
interests. Its use extends beyond the job
candidate to current employees, predicting which
ones should play a role in strategic succession
planning. |
Beyond recruitment, the assessment is
a carefully honed tool to help sales executives shape
sales teams with training that allows them to not just
meet their goals, but surpass them. Managers use PXTS™
for placement, training program selection, promotion and
sales coaching.
In the ideal world, all salespeople
are enthusiastic, highly trained and perfectly suited to
their jobs, where they reap daily success. Companies see
little to no turnover in the sales force, and are able
to bring out new products regularly to meet customer
needs. In this perfect scenario, the 80-20 rule has
evaporated.
That world is still a dream, but the PSI™ and PXTS™
are the very real tools that will help sales leaders
near the ideal and overcome the wearisome rule of a
few superstars reaping all of the success.

STRATEGIES FOR
WINNING
World-Class Salespeople*
Spotting the 20% who Sell the
80%
Who would have predicted that Vilfredo Pareto’s famous
80-20 rule, formulated more than 100 years ago, would
still apply to sales organizations today?
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Research consistently
demonstrates that more than half of those in
professional sales lack the basic attributes
required for success in this difficult
profession – attributes that world-class
salespeople possess as natural gifts or develop
through training or single-minded focus. Of the
remaining half, half of these have the potential
for success in some form of sales, but are
currently selling the wrong product or service.
That leaves about 25 percent to sell about 80
percent of the world’s products and services.
Enlightening, isn’t it?
That’s why it’s important for
you to have a keen understanding of the
attributes of world-class salespeople. If you
can recognize them, you can hire more of them!
You can also tell when salespeople on your team
need training and support, and you’ll have a
good idea of what they need.
Measure your salespeople by this list of the
ten attributes shared by world-class
salespeople:
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1. Irrepressibly
Positive Attitude
All of their glasses are half-full and every cloud
they encounter has a silver lining. Knock them down nine
times and they stand up the tenth. Without this iron
optimism, a life in sales is a stressful and daunting
existence.
Do your sales heroes live in a partly cloudy or
partly sunny world?
2. Understand That Sales is a
Numbers Game
They don’t lose their cool when a call goes badly, a
deal goes south, or a first contact ends in refusal –
they simply focus more carefully on the next call. They
know their hit rate from past experience. They know how
often they’ll have to take No! on the chin to get to one
Yes!
Do your salespeople know the value of their calls?
3. Live to Prospect
The world-class salespeople are prospecting all of
the time – especially when things are going well. They
know that sales success is directly dependent upon
continually filling their pipelines with well-qualified
prospects. Prospecting is their obsession. They never
stop.
Is prospecting 24/7/365 in your organization?
4. Totally Sales-Driven
These people live for the chase that results in a
closed deal; they are internally motivated to go
to whatever lengths they must to win the business. They
seem to have unceasing energy. Once they decide to act,
nothing slows or stops them until they have succeeded.
Are your salespeople in top gear?
5. Competitive
They don’t like second, and they are not good losers.
Sure, they know they must affect a “good-loser”
performance from time to time for social reasons. But
deep down, they need to win, and losses just stiffen
their resolve. They can’t be kept in second place for
long.
Is your team too good at losing?
6. Obsessed with the ‘Next Step’
Everything they do is about getting to the “next
step” – about getting the next level of commitment to
bring the customer ever closer to the level of trust and
confidence needed for a ‘Yes!’ World-class salespeople
think solely in terms of specifics like where, when,
how, and how much. Concepts like sometime, in the
future, later, whenever, are simply not in their
vocabularies. The most successful salespeople at
Profiles know that their success is inevitable, but they
still drive to “accelerate the inevitable.”
Are your salespeople driving their case forward at
least one step with every customer or prospect contact?
7. Know That They and Their Products
are World-Class
Quiet confidence oozes out of top salespeople, and
unbridled enthusiasm for the company, their products and
services gushes from them at every meeting. No one is
left untouched by the passion they pull upon when they
talk about themselves, their companies, or their
products and services. They evangelize.
Have your people been to the top of the mountain?
8. Qualify Hard Before Investing
Time and Energy
Time is too precious to waste on people who don’t
need what they provide. They understand their products
and services inside out, understand the needs they
address, understand why their offerings are so much
better than those of their competitors, and know enough
about their prospective customers to find themselves
rarely in front of someone who is not a genuine
prospective customer.
Do your salespeople look before they leap?
9. Expect to Hear ‘No!’
Once they know they are in front of the right people,
these champions are confident that they considered every
possible ‘No!’ situation that might arise, and they
understand how to address these objections in a way to
build the confidence and trust of their prospective
customers.
Are your front people always ready to handle key
objections?
10. Sell Through Customer Knowledge
Ask customers of world-class
salespeople what sets them apart and they’ll tell you,
“They understand us.” These people never stop trying to
find out more information about their customer and his
needs. They know that the only way they can deliver
sales is through partnership and problem-solving.
How much do your salespeople know about their
customers and prospects?
When you hire salespeople, you must
look for these attributes. While this sounds simple, how
do you objectively measure these attributes?
Effectively Spot the 20%
That’s a challenge we faced in building our 800-strong
worldwide sales force at Profiles, and we met it head on
with the development of the Profiles Sales Indicator (PSI)™.
The PSI™ analyzes your existing salespeople to produce a
profile of what it takes to be a successful salesperson
in your organization. Using your prospective
salesperson’s responses to a 15-20 minute online survey,
the PSI™ objectively analyzes the person for these
attributes:
- Competitiveness
- Self-reliance
- Persistence
- Energy
- Sales Drive
By comparing these results with the
profile of your most successful salespeople, the PSI™
can predict on-the-job performance in these critical
sales disciplines:
- Prospecting
- Closing Sales
- Call Reluctance
- Self-starting
- Teamwork
- Building and Maintaining Relationships
- Compensation Preference
All seven disciplines are essential
to the success of the top-performing 20 percent of
salespeople responsible for 80 percent of all sales.
The PSI’s clear, readable reports can
be used for selecting salespeople as well as for
effective management and training of existing
salespeople to help them reach the performance levels of
your top performers. The PSI™ worked so well for
Profiles that we’re certain it will work well for your
organization, too.
Take action today to move all of your
team into the 20 percent zone, and watch your sales
soar.
*From the book
40 STRATEGIES FOR WINNING IN BUSINESS by Bud Haney
and Jim Sirbasku. © S&H Publishing Co., 5205 Lake
Shore Drive, Waco, Texas 76710-1732. All rights
reserved. Contact S&H Publishing Co., (254) 751-1644,
for reprint permission.

SUCCESS
STORY
The Corban Group Finds Right Fit with PXTSales
EDITOR’S NOTE:
Bill Peterson, vice president of executive search firm
The Corban Group, details the successes his company has
seen with PXTSales.
Q. Why did The Corban Group begin using
ProfileXTSales™?
A. We wanted to give our clients additional insight into
the candidates we present to them. Because we are an
executive search firm and a partner in the hiring
process, we want to provide objective information. We
don’t sell candidates to our clients. We provide them
with a full picture of the candidates we find and screen
on their behalf.
Corban has a dedicated sales practice and niche
specialization in sales and sales leadership. Sales and
growing revenue are crucial for companies, and making
the right hiring decisions is critical. The PXTSales™
assessment helps validate that we’ve found the right
person. It also provides hiring managers the added
confidence to make a hiring decision.
Q. What is the major benefit your company
sees from this assessment?
A. The method we use to measure our success is the
number of repeat clients that we have, or client
retention. In the three years that we have been using
Profiles’ assessments, we have dramatically improved our
client retention. That’s directly related to the quality
of hires we’ve made for our companies and the quality of
our process.
Q. Have you found other ways to use the
PXTSales™?
A. We want to help our clients retain good people, so
after the company makes a hiring decision, we provide
the PXTSales™ coaching report to the hiring manager. We
then help the manager by reviewing the opportunities for
coaching and mentoring. This helps our clients improve
sales performance and retention.
Q. What kind of flexibility has Internet use
of the tools given you?
A. We are located in Atlanta but recruit nationwide. The
functionality of the technology allows a candidate to
take the assessment at his/her own convenience in the
comfort of home. We receive results immediately and have
access to several forms of data.
Q. Does The Corban Group use other Profiles
assessments?
A. We also use the ProfileXT™. We use it internally, but
we also use it with our clients to inject objective
information into the hiring process for senior finance
and operations leadership. The PXT™ gives us additional
insight into the candidate, and it helps our clients
explore the right areas in the interview.
Q. When did The Corban Group begin using
Profiles assessments?
A. We are celebrating our 10-year anniversary and began
using Profiles three years ago. The PXT™ and PXTSales™
have been a great resource for Corban and improved our
service level to our clients.
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