Selling with Data #37 - Essentialism
There are many distractions that make it hard to focus on the most important priorities.?
I find there is a constant tug-of-war between my priorities and the other 10,000 things that come up throughout the day. Many of the 10,000 things are important, and often important to other people that I would like to help, but not often aligned to my priorities.?
My approach to managing priorities is influenced from the book Essentialism: The Disciplined Pursuit of Less by Greg McKeown. I found this to be the best book on the power of choice and how to do more by doing less. If you work in a big company, you will likely relate to how the book captures what could be the downside of working in a big company if you do not take control of how you spend your time and clarify your priorities. One of my takeaways from the book is that we all have "energy units" that are like little arrows of energy. If we spread the arrows across 100 areas (like the image on the left) the impact is not often noticeable, leading to frustration and the feeling you are busy but not productive. However, if we focus the arrows by stacking them (like the image on the right) we can make measurable progress and the impact can be significant.
I try to apply the concepts of essentialism in how I operate by doing two things.?
First, picking the right things to focus on. If I am only going to focus on a limited number of things, picking the right things becomes really important. I pick priorities that are strategic and challenging and have a significant impact on my priority metrics and outcomes. I ask for input and feedback from others especially my upline leaders, so I am aligning with the broader priorities of the company. I focus on no more than three priorities and I make the commitment to stick with these priorities for at least six months. I write down my priorities in words that are clear and concise and share them with others.?
Second, staying true to the priorities. The priorities become the aperture that I use to drive decisions on how I spend my time and where I invest. I do this by following these tips:?
For sellers – how to use essentialism to drive productivity?
I learned this lesson from Stephen Vance , a top sales leader who coached his team to spend 60% of time on current quarter activities, 30% of time on next quarter activities, and 10% of time on “overhead” like doing expenses and internal meetings.??
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I find trying to manage percentages of time to be tricky, instead I split the 5-day work week into a morning and afternoon. Five days with two parts is 10 parts, which is easier to divide. Six of the 10 parts should be current-quarter activities, 3 of the 10 parts should be next-quarter activities, and 1 of the 10 parts should be “overhead” activities.?For example, if a seller is spending more than 4 hours a week, or one workday morning or afternoon, completing expenses or internal meetings the seller needs to look at their priorities and work to reclaim their time. The same is true for next quarter activities, like prospecting or progressing deals, which should be 12 hours or 3 workdays morning or afternoon.???
Through time management and ensuring that time is spent on doing a few highly focused productive activities versus a random set of a lot of activities, I will drive more satisfaction and measurable progress.?
For sales leaders – how to use essentialism to drive transformation
One of the most important areas where essentialism becomes helpful is driving change and building momentum to drive organizational transformation. I have seen organizations try to attack too many things at once and not focus on a few priorities. By not focusing, many organizations and leaders fail because their "little arrows" of energy are spread too thin across too many priorities.?
I view large and complicated transformations like strong person competitions where competitors have to pull a truck from a standing still position down the road and across the finish line. The hardest part seems to be the beginning when the person needs to move the truck from a stationary position. Once the wheels start turning, though, less effort is needed as the truck speeds up, building on its own momentum.??
Organizations, and specifically the leaders driving the transformation, who use essentialism pick limited priorities and focus on building momentum. They focus the organization’s energy on a few high-yield priorities that build momentum, which builds progress, which builds belief. Over time, the belief and focused effort leads to more wins and measurable improvement.?
Please leave a comment on how you prioritize your energy and use essentialism to succeed.
Good selling.?
Global Client Engagement & Innovation Director, Energy & Resources Sector at IBM
1 年Ayal Steinberg Thank you for this.?Essentialism had been recommended to me in the past and was on my list.?Your newsletter inspired me to pick up the book this weekend.?I really appreciated the practical simplicity of the recommended actions to achieve essentialism – explore, eliminate, and execute.?In particular, the practice of morning journaling, focus on setting boundaries, and attention to removing obstacles will be elements that I will immediately incorporate into my life.?
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Principal Technology Seller - IBM Canada
1 年Really appreciated reading your article Ayal. Great guidelines on how to manage time in a week: 5 days with two parts is 10 parts, which is easier to divide for planning activities. Thank you!
Pricing Analyst at IBM Data & AI Business Unit
1 年This is so well put together. I am going to make a priority to read this book. I find myself throwing the little arrows all over the place, and exerting my energy and tiring myself by end of day! Very good advice in this commentary.
well articulated! especially when one has too many spinning wheels at a given time, focus with clearly written priority drives discipline and action.