Revolutionize Your Sales Team: The Science of Hiring Success
Janice B Gordon - Customer Growth Expert FISP FPSA
Helping CEOs CROs Sales Leaders Expand Key Customers with Productive Sales Professionals. Delivers Customer-Centric Revenue Growth | RevTech Strategist Award 2024 I Speaker-Educator-Consultant ScaleYourSales Podcast Host
In my journey through the ever-evolving world of sales, I have posted the question to CEOs, Founders and Sales Leaders: How many salespeople would you hire if you knew in advance that they would all succeed? The answer, unequivocally, is all of them! But why does this ideal scenario often seem like an elusive dream? The answer lies in the formidable challenge of recruiting the right salespeople.
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In sales, emotions drive decisions. Our customers and buyers make choices based on emotion and then justify them with logic. However, these emotions can lead to costly biases and errors when recruiting salespeople. Did you know that approximately 20 different biases influence individuals' recruitment and career progression? This revelation raises a crucial question: How can we secure a diverse, high-performing sales team equipped with the right sales competencies for success? I recently answered this question in a LinkedIn LIVE session, and you can get the record here on my YouTube channel.
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I have spent decades working alongside sales leaders, founders, CEOs, and talent acquirers. My mission is to challenge the status quo and provide data-driven solutions for revenue-generating businesses.
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The stark reality is that 46% of new sales hires fail within the first 18 months, resulting in staggering costs and missed opportunities. This statistic is a wake-up call to the sales industry, where, for the last 30 years, sellers have consistently achieved less than 50% of their quotas. Continuing traditional approaches is nothing short of madness if we expect different results.
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I invite you to join me in this three-part series of LinkedIn LIVEs, where I will explore the power of data and research in redefining the sales landscape. The underperformance of salespeople isn't merely inconvenient—it's an expensive mistake. The costs of time, money, and energy can range from $100,000 to $millions when you include lost opportunity costs. But how can we separate fact from fiction in the hiring process?
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The key lies in data-informed, science-based assessments. Traditional methods like CVs/Resumes have proven disastrous in their?predictive effectiveness.?
These claims are backed by meta-analysis research spanning 85 years called "The Validity and Utility of Selection Methods in Personnel Psychology,"?found?on this link , among others.
Instead,?Predictive Validity , which correlates findings to job performance, is the solution. It's about identifying the right salespeople for the right roles and being able to answer, will this person do well in this role??
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Our analysis shows that the Sales Competencies are harder to improve through training. This question can only be answered using structured skills-based assessments that measure drive, beliefs, and tactical selling ability. The Drive or Will to be successful in sales is primarily intrinsic. No amount of coercion, training or on-the-job practice can instil Drive if the salesperson is resistant to success, and many hidden beliefs may feed this resistance.?
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领英推荐
The Data-Informed Assessment Questionnaire is your starting point for any sales hire. Why wouldn't you take the guesswork out of sales hires? With predictive validity, proven accuracy, and a track record of over 2.3 million salespeople evaluated across 158 industries and 200 countries. Removes bias and subjective judgement from the hiring process and sets the benchmarks based on decades of data collected from assessing sales professionals on the job.
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Imagine a scenario where 91% of candidates recommended by assessments achieve top-quartile on-the-job performance within 12 months. Implementing a scientific and predictive approach saves you time and resources and ensures you're hiring the right salespeople, managers, and leaders to execute your business plan.
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It's time to retire outdated methods and embrace sales-specific data in hiring and development. Doing so can generate an impressive 81% higher recurring revenue when your sales team is equipped with the right skills and empowered to achieve their full potential.
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Join me in this journey to revolutionize your sales team. If you're serious about saving time, energy, and costly mistakes, let's schedule a time to discuss your specific needs and desires. Together, we can broaden your recruitment pool, eliminate biases, and let the assessment find you the cream of the below-average crop.
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Next week, I will explore more effective ways to Unleash Your Sales Team's Potential using data information analysis. Join me in making data and science your ally in the quest for sales success.
If you missed the LinkedIn LIVE on which this article is based, you can view the recording on my YouTube channel link in the comments.
About Us
Learn more to extend the conversation:
1. Subscribe to this free newsletter called?Revenue Growth Revved-Up?so that you will receive the subsequent editions! Find the subscribe button above ?? or?here.
2. Connect with (me)?Janice B Gordon .
3. Check out?Janice B Gordon's speaker website ?and message for speaking opportunities.
Janice B Gordon, The Customer Growth Expert, founded Scale Your Sales Podcast and Framework, which helps sellers grow revenue through customer excellence and sales. Listed as LinkedIn Sales 15 Innovating Sales Influencers to Follow, 2021. Janice B Gordon is a Consultant, International Speaker, Educator and Facilitator, author of Business Evolution: Creating Growth in a Rapidly Changing World and co-author of Heels to Deals: How Women are Dominating Business to Business Sales.
?4. We focus on helping you SCALE your customer opportunities by evaluating and closing the gaps in your people, process, and profits. Scale Your Sales enables you to understand what your buyers want and allows you to create the best sales environment to deliver excellent buyer experiences that will retain and build your strategic relationships and sales revenues. For more insights, check out?Scale Your Sales .?
Founder & CEO, GirlzWhoSell|Chief Growth Officer|4X Stevie Award Winner|Top 50 Women|3X Author|DE&I & Active Aging Advocate|Investor|Keynote Speaker|Travel Obsessed|Entrepreneur|Women in Sales Champion|#SellLikeAGirl
1 年Absolutely phenomenal data. Generally I had not been a fan of assessments because I do believe they still have inherent bias based on the way they have been utilized to make hiring decisions...to include or eliminate candidates. That said, this product looks amazing. I will check it out for sure! Very interested in learning more. Thanks Janice B Gordon - Customer Growth Expert FISP FPSA FRSA for a brilliant article.
Helping B2B SaaS sales reps and leaders reduce anxiety caused by anemic pipelines and missed quotas by formalizing processes, hiring top talent, and holding reps accountable. | Coach | Hiring | Author | Speaker
1 年Great topic Janice B Gordon - Customer Growth Expert FISP FPSA FRSA! Getting the hiring part right for all parties involved is so important!
Building Brand & Demand (B2B) for Predictable Sales Pipeline
1 年You touched upon a very interesting topic Janice B Gordon - Customer Growth Expert FISP FPSA FRSA I believe, a sales leader must enable & empower sales execs to realise true potential...
Help leaders build a successful sales team thru #data #coaching #training, #AI #FractionalCRO, Author, "She Sells" #WomenInSales #Speaker #Podcast #GTM #B2Bsalesscience #RKO 4x Salesforce Top Influencer
1 年This is such an important topic, Janice- looking forward to the series
Author of "LinkedIn for Personal Branding"| LinkedIn Top Voice | TEDx and Keynote Speaker | LinkedIn Rebranding | B2B Social Selling l My Mantra: "Be a Friend First" l Let’s Amplify Your Brand and Event
1 年Interesting statistics about one of the hardest things to do..... HIRING..... Janice B Gordon - thanks for sharing