Nov 17 2008
Appraise And Succeed: It’s Almost Feedback Time
Special Announcement

Selling Through a Slump: Live Q&A on Selling in a Recession
2 p.m. EST November 19, 2008
These are tough times in the selling business. Customers are ordering less, postponing sold business, trimming the number of suppliers, and reducing budgets. It is taking longer to close a sale. Many of your sales staff may never have experienced a downturn like this before. How can sales organizations continue to thrive in an increasingly lean economy?
Tune in to a FREE live interactive discussion with a panel of sales experts, and get your questions answered:
What best practices can you learn from companies that have not only survived but thrived through past downturns?
What specific steps can you take to create a more valuable relationship with your customer?
Which tools should you be using to increase the effectiveness of your selling process?
What role can technology play in making you smarter about your best opportunities?
You’ll have an opportunity to gain valuable strategic knowledge by listening to commentary from proven thought leaders:
Learn what not to do.
Hear about effective methods that you can put in place now.
See the results of our TCC survey of top sales management experts, and learn how the recession is affecting other sales organizations.
Panelists will include Jill Konrath, author of Selling to Big Companies, Denis Pombriant, founder of the Beagle Research Group, and David Bonnette, Group VP of North America Sales at Oracle. Robin Carey, Co-Founder and CEO of Social Media Today LLC, will moderate.
Brought to you by The Customer Collective and Oracle CRM.
This is an event you should NOT miss if you are serious about surviving and succeeding in the worst economic downturn in history: It is going to get a whole lot worse before it gets better.
You have two choices; fight your way through it and come out at the other end stronger, wiser and intact; or do nothing and risk being taken down with it - for me, it really is a “no-brainer” -JF
Now for today’s post:
A company’s performance appraisal process is critically important. It answers the two questions that every member of an organisation wants to know:
• What do you expect of me?
• How am I doing at meeting your expectations?
Regular assessments and appraisals are essential if individuals are to continually expand their “skills set” and should deliver three key benefits for an organisation:
• A clear career path for progression (which typically seems to motivate salespeople who operate in a business-to-business environment)
• Evidence of the return on investment made in developing people so organisations are encouraged to sustain ongoing development
• A clear benchmark for salespeople and sales managers, so that they know what is expected of them
Every manager has to appraise subordinates and the mechanics of it vary from ticking little boxes, through marking on five-point scales, to writing an open ended report. However, in all cases the primary purpose of an appraisal is to help the subordinate.
Why Appraise? - Reasons for an Appraisal:
• To provide feedback of individual performance.
• To plan for future promotions and successions.
• To assess training and development needs.
• To provide information for salary planning and special awards.
• To contribute to corporate career planning.
The five key elements of the performance appraisal are:
• Measurement – assessing performance against agreed targets and objectives.
• Feedback – providing information to the individual on their performance and progress.
• Positive reinforcement – emphasising what has been done well and making only constructive criticism about what might be improved.
• Exchange of views – a frank exchange of views about what has happened, how appraisees can improve their performance, the support they need from their managers to achieve this and their aspirations for their future career.
• Agreement – jointly coming to an understanding by all parties about what needs to be done to improve performance generally and overcome any issues raised in the course of the discussion.
So when considering the design of an appropriate sales team appraisal document, what are the areas you should consider including?
This will be very much a personal decision based on relevancy:
If you have read any of my work before, you will, in all probability, know that I work with a very simple formula when it comes to team development and measurement i.e.
Attitude + Skills + Process + Knowledge = Success
I arrived at this conclusion many years ago and my initial reasoning was this:
Attitude is fundamental to any achievement because individuals with the right Attitude are far more likely to embrace the essential Skills, recognise the control that Process brings and have the desire to continually expand their Knowledge.
Skills are the ‘tools of the trade’ and have to be developed on an ongoing basis. They also need to be specific, because too much time can be wasted over-burdening employees with inappropriate and irrelevant skills without any identifiable plan for their future requirements.
Process brings organisation, efficiency and control, both for the individual and for management. Effective process provides objective analysis and indicators which can be benchmarked and accurately measured.
Then there is of course a need to build in Knowledge and that must include knowledge of products, industry, market sectors, competitors, business, own company and last but not least, self!
Therefore, when measuring my teams, I always ensure that I benchmark against that criteria, plus I, and all of my clients, use ASP Profile
Today’s News: This is going to be a particularly hectic week, so do stay tuned if you can: First up, if you missed the “Ask The Experts” webinar that I co-presented with Jill Konrath and Kendra Lee for Landslide Technologies last week, you can download the entire show here
It was incredibly well attended and as we begin planning for the first Top Sales Experts Roundtable on December 9th, featuring: Leslie Buterin, Colleen Francis, Jill Konrath, Paul McCord, Keith Rosen and me - we just know that this inaugral event is going to be fantastic - more details soon.
Over at Top 10 Sales Articles, we have a very special winner this week - you can check them out for yourself here
And over on my other blog “Sales Manager’s Mentor Blog” - I ask: “Are You A Boss Or A Leader?”
Lots of very good webinars coming up this week on Business Expert Webinars, and I’ll be announcing those tomorrow.
Tomorrow: News of a special book launch.
















