#164: Why a purpose driven culture wins more sales
John Smibert
Best selling author - Helping you to transform the way you sell to grow revenue at higher margins, and drive better customer outcomes.
Sales teams need to be committed to a clear organisational purpose in order to achieve. Such a commitment is what makes us want to come to work – to deliver the outcomes that excite us. It’s what makes us want to work together to collaboratively achieve.
I asked the guru of sales purpose and intent, Ian J Lowe, why this is important and how we should achieve it.
Firstly Ian emphasised the growing importance of employee trust and engagement. He discussed research that shows a very low engagement across many organisations and how this has a significantly negative impact on productivity and satisfaction in those enterprises.
Ian then outlined the sorts of things we need to do to achieve a high level of engagement. He stated that “when you achieve a highly-engaged environment, with purpose-driven people, you get high trust, high collaboration between teams and individuals in the workplace. The outcomes are going to be positive.”
Read or view the full discussion below to learn more about how to achieve these postive outcomes via a purpose driven organisation. I recommend it for CEO’s, COO’s HR, Sales leaders, as well as professional salespeople.
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Ian is the CEO of Eccoh.co (formally Go-Givers Australia). He is an expert in sales transformation and a specialist in why people sell.
Interview
John: Welcome back Strategic Selling viewers and all my other viewers and followers, thank you for being here! I’m delighted today to have Ian Lowe with me again – welcome back, Ian!
Ian: Pleasure to be here, John!
John: Hey, we talked a lot about intent and having the need for the right sort of intent and the right purpose in the way we go about our business. You were telling me offline that there’s a lot of research that proves the need for the right intent, the right purpose, and ensure we’re all engaged properly in our work environment and so on. Can you share some of that research with us?
Ian: Absolutely. I think environmentally we’re dealing with a lot of disruption and change.
John: We sure are, aren’t we? [laughs]
Ian: We’ve talked before about the VUCA world – volatility, uncertainty, complexity, ambiguousness – out there, and there’s also some stats that prove that change is needed. The Gallup organisation has been measuring employee engagement for decades.
John: What do you mean by employee engagement?
Ian: How people are turning up for work, what people feel it is their purpose is. When they turn up for work, are they turning up just to follow the tasks and activities of their role, or are they bringing more of themselves to their opportunity?
John: Are they turning up to just get the income, so their purpose in life is something separate to work and the outcomes of work, or are they turning up because they want to be there?
Ian: Absolutely, right? And despite all of that work over many decades, the global stats show that only 13% of the workforce is engaged at work.
John: That’s a dreadful statistic!
Ian: It’s a seriously low number, isn’t it? So there are far many more people disengaged in their work than there are engaged in their work.
John: And by disengaged, I guess we’re saying they’re really not all that happy being at work, they’re just there to earn an income.
Ian: That would be a fair conclusion, wouldn’t it? If you add to that this environment – again, we’re working in this VUCA world – we’ve got profound disengagement. There’s also another research study that was done by Aon Hewitt, looking at the modern workplace, and one of the stats they’ve found was that workplace trust was at an all-time low. So if you add that low trust, low engagement, lots of volatility and change, we’re not really well-equipped to deal with all these issues and produce the results we need to grab businesses.
John: The organisations and individuals that are actually getting engagement and had clear purpose must really have a massive advantage.
Ian: Absolutely. In an organisation where you’ve got low trust, low engagement and you’ve got all this volatility, the organisation that can create an environment where they’ve got high trust, where they’ve got highly-engaged, purpose-driven employees are much more well-equipped to achieve results.
John: And they’ll get a higher retention rate of the employees, the employees will be much more engaged in what the purpose of the organisation is and the value they’re creating for their customers.
Ian: Yes, absolutely. All the metrics, all the measures, whatever way you look at it, when you get that sort of highly-engaged environment, purpose-driven people, you get high trust, high collaboration between teams and individuals in the workplace, the outcomes are going to be positive.
John: Look Ian, this is a fascinating subject. Talk about disruption, if we can get this right in organisations, those organisations can drive a lot of disruption in their own marketplaces in creating value for their customers, and competing against those that haven’t got the engagement, that haven’t got the purpose. So a lot of organisations out there I’m sure are saying, “How do we do this?” Let’s come back and talk about some case studies and talk about some of the methods and processes where we can get this level of engagement, we can generate a culture of purpose in our organisation.
Ian: I’d love to do that, John – that’d be great!
John: Okay, look forward to it – we’ll come back soon!
Ian: Awesome!
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More short interviews with Ian Lowe:
"Why we sell" "Sales Process needs purpose"
“How leading salespeople build trust” "5 laws for stratospheric sales success"
"Salespeople can change the world" "Doing business in a VUCA business world"
"The customer's 3 brains" "The secret to selling is authenticity and intent"
"Salespeople to be authentic leaders" "The critical importance of authentic intent"
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Sales Development Representative at Tenfold
7 年Such a great and engaging article, John and Ian! It sometimes saddens me that a considerable number of salespeople are more driven by money. Not to say that money ain't good. It is. It's just that some of our sales counterparts forget about their purpose in selling, the value of what they're selling and the good relationship this purpose can give. This purpose can make a lot of difference not only in the fulfillment of our jobs, but in adding such a great experience to our customers.
My purpose is to break down the barriers between buyers and sellers so we can truly connect and together build a better world.
7 年Thanks for your comment David and John. Check out this link for a selection of great research and case studies on purpose - https://www.eccoh.co/unlock-the-power-of-purpose/#purpose-research. This page also features details about the Imperative platform, which businesses of all shapes and sizes can now use to help everyone in their organisation to work and live on purpose. Although I agree with you that many think purpose is out of reach, the reality is the technology and tools are now available to scale purpose easily and cost effectively, which is fantastic. Exciting times ahead.
Best selling author - Helping you to transform the way you sell to grow revenue at higher margins, and drive better customer outcomes.
7 年Excellent suggestion thanks David Wolstenholme. Ian J Ian J Lowe (and anybody else - maybe Maria Nordstrom) - do you have any case studies that you know of that would help make it more relevant and easier to chew off for the readers?
I build personal brands for aspirational recruiters and leaders that drive commercial results.
7 年Two of the greats on LinkedIn. I think purpose is one of those words that often feels too big for people to grasp onto. I think some practical case studies of processes and outcomes would be fantastic place people to learn. Make it relevant and use examples of smaller businesses as well. They are the ones that really struggle with this. Like you said you, get this bit right and it feeds into all other areas of your business.
My purpose is to break down the barriers between buyers and sellers so we can truly connect and together build a better world.
7 年Just saw this great video titled "The Power of Purpose" from Kevin Cashman at Korn Ferry. I think Kevin's wisdom will resonate strongly with those that enjoyed this post. Here's the link - https://www.kornferry.com/institute/the-power-of-purpose-driven-leadership?videos-and-webinars.