CRO Leadership is the crucial missing piece in growth organizations!
Michael J. Jaeger
Wir optimieren Vertriebs- und Wachstumsteams von B2B-Scale-ups und Mittelst?ndlern – mit Fractional Services, HubSpot & Salesforce-Expertise und einem hands-on Team für nachhaltiges Wachstum
I bet you are excited for the latest installment of the Revenue Architecture Advice. Well, the wait is over! This week, I've handpicked two vital subjects every growth organization should have on their radar, plus a tantalizing sneak peek you won't want to miss. Get ready for the RAA!
Why is CRO Leadership the missing piece in your organization's growth strategy? ????
If you're looking for a game-changing move in your growth organization we need to talk about the magic of Chief Revenue Officers (CROs). These strategic maestros are reshaping how we engage customers by bringing all customer-facing roles under one unified, data-driven umbrella. It's like building a super-team solely focused on customer bliss.
Why does this matter? First off, say goodbye to long Sales Cycles. We're talking faster, smoother, and way more efficiently. And if you're a fan of metrics (who isn't?), you'll love seeing those conversion rates hit the roof. But I think the real cherry on top is customer satisfaction. With our eyes glued to data, we're not just meeting customer expectations—we're exceeding them. Imagine being able to anticipate your customer's next move before they even make it. That’s the level of engagement we're aiming for.
In essence, I think a CRO-driven strategy is more than just a passing trend - it's the future.
In a world that’s ever-changing, the traditional ways just won't cut it. So if you're serious about not just surviving but thriving in today's competitive landscape, it’s time to think CRO.
With CRO Leadership gaining more and more momentum I have decided to get together with the best CROs in Europe to start a new format. For all my Newsletter readers I have decided to already reveal the name of the format early, the big announcement will follow this week.
Stay tuned for the upcoming “Beyond Revenue: Narratives of Revenue Leaders”!
领英推荐
Connecting Berlin's Tech Scene: The Berlin Vice Effect ?????
Last month we took tech networking to a whole new level with Berlin Vice, hosted at the iconic Hoppetosse with Berlin's top 160 innovators. But what set this event apart wasn't just the setting—it was the depth of engagement. From founders to investors, everyone was there not just to swap cards, but to ignite partnerships and brainstorm amazing ideas.
But why stop at one event? The power of a good networking event isn't just in one night; it’s in the ripple effect it creates, setting the stage for ongoing collaboration and innovation. That’s why I am? thrilled to announce that Berlin Vice is just the beginning. We're already gearing up for more events that promise to reshape Berlin's tech landscape. So, if you’re interested in joining this vibrant community, reach out and stay tuned. And of course don’t miss our aftermovie to catch a glimpse of Berlin Vice’s electric atmosphere.
Why Commission Modeling shouldn't be Sales-Led ???
When it comes to sales management, getting the commission model right is a game-changer. But it's alarming how often this gets botched. One frequent misstep? Letting the sales lead call the shots on the commission structure. This top-down approach can throw a wrench into aligning our incentives with broader business goals.
Another pitfall is creating a commission maze so complex that even a labyrinth architect would get lost. Overly complicated models slow down payouts and muddy the water, leaving team members demotivated and confused about their earnings. Let's not forget about the timeline. If the reward horizon is too distant, people lose their sense of urgency and focus, leading to a motivation drain.
So, what's the remedy? Designing a commission model shouldn't be a solo act but a strategic symphony between C-Level execs, Finance, and Sales Ops. Keep it straightforward with no more than three quantifiable variables, each accounting for at least 20% of the equation. Lastly, make the payout cycles short and sweet—either monthly or quarterly—so everyone knows how their hard work translates into hard cash. In other words, let them "smell the money" consistently.
In summary, commission modeling isn't a task to dump on sales leads. It’s a strategic cornerstone requiring multi-departmental collaboration. By broadening the discussion, we set up a model that serves both individual aspirations and company objectives.
And there you have it, I'm already cooking up some fresh insights for our next issue, scheduled to land in your inbox in two weeks. If there's a topic you're itching to explore, don't hesitate to drop me a line. Until then, keep thriving! ??