Unleashing Productivity: A Framework for Success
Janardan Singh
Business Head- Infinity Learn | Former Country Head-Cuemath | Former Co-founder & COO-Classklap | ISB | Edtech |
In the constantly changing world of modern businesses, innovation and transformation is the key to staying ahead. I recently did a transformational project that brought about a staggering 3X boost in productivity. In this article, I will try to share my learnings from this project. While the article draws from a project we did on improving sales productivity, the insights and learnings are equally true for any other aspects of a business.
Customer Centricity is More Than Just a Buzzword
Being a staunch advocate of customer centricity in business, I've often found that many business leaders preach its importance but fall short in practice. However, it is my experience that introducing customer-centricity in processes invariably leads to sustainable business gains. Win-win scenarios unfold when customers become the focus of all interactions.
In our project, the first step was to shift from the typical B2C edtech pushy sales approach to a customer centric consultative sales process. We introduced a call solely focused on understanding the student's learning needs and the parents' aspirations. No products were discussed during this initial conversation. We did another call with parents where we carefully matched products from our portfolio to the identified needs of the customers. The response was overwhelmingly positive, signalling the power of genuine customer engagement.
Why weren’t they signing up?
Despite the initial success, a puzzling trend emerged. When we introduced a product that perfectly met their needs, and asked the potential customers to sign up, they hesitated. ?They promised to come back after a family discussion, yet they never did. This was unusual from my previous experiences. It also pushed us to delve deeper into what we were doing and think about running a few experiments.
We debated amongst ourselves and ran a series of experiments:
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In this journey of transformation, we faced numerous setbacks and I was proved wrong countless times. This made me humble and open to learning new things through experimentation and iteration. At the end of three months, we were able to see a jaw dropping 3X improvement in the sales productivity. I will not go into the details of how the final sales process looked like as that is not important. Different businesses will come up with different processes, activities, pitches, tools, etc based on their business context. The real breakthrough came from our commitment to experimentation and learning from it.
The key to our success lay in our willingness to run experiments and change our processes based on the results of these experiments. Every week, we introduced new elements in our processes, tested them rigorously, and analyzed the outcomes. What worked stayed, and what didn’t, was discarded, irrespective of our initial beliefs and hypotheses.
Our team relentlessly scrutinized every aspect of our interactions in what we called ‘defect analysis’ meetings, a process improvement technique I learned from Vivek Sunder . Calls were dissected threadbare-a 15-minute customer call was discussed and analysed for hours to identify areas for improvement. These insights fuelled our next set of experiments. However, we also missed a few opportunities for improvement. One of them was not practising enough of what we had learnt. Had our team practised and perfected proven techniques and made them their default approach, the improvement might well have been a staggering 5X or even 10X.
A Framework for Success:
In conclusion, when you are on a transformation journey, success is not just about innovation; it is about adopting a systematic approach to change. ?Here are the key steps that can guide your path to success:?
I hope the above framework helps you start your journey towards a successful transformation. Feel free to share your insights, experiences, and thoughts in the comments.
CEO & Co-Founder at Gnani.ai
11 个月Fantastic one Janardan Singh
General Management| Ed-Tech | Saas| Sales | Operations | Services | Sales Enablement| People and Culture.
11 个月Valuable Insights Sir ? Reflection, Experimentation and Openness to Change will result in success irrespective of the situation or business.