Archive for the ‘Sales’ Category

Does your customer really want a partnership – or a Partnerschaft?

December 3, 2013

Inside views from three global procurement directors

The business world is awash with jargon: strategic partnerships; strategic sourcing; strategic intent… but what does it all really mean for B2B sales people today?

I interviewed three global Chief Procurement Officers (CPOs) from Fortune 500 companies to find out.

In the words of one CPO: “The only way I would want a partnership is if I cannot achieve the business result via RFP or competitive procurement activity.”

Another CPO suggests, “If you are a strategic supplier then that means you will give me more discount.”  Another confirms, “When we hear the seller say ‘partnership’ we start to think, ‘What do they want?’  This is another way to leverage us.”  I was then playfully reminded of the German term for Partnership… Partnerschaft.

So, in the eyes of Procurement, what really is a strategic partnership?  One Fortune 500 Bank estimates they have nearly 18,000 suppliers across the globe, but they have just 35 relationships that are considered strategic (under 0.2%). However, these 35 suppliers account for >56% of all money invested (see accompanying model).

Supply base analysisThe real test of a partnership

If that supplier went away, would the customer be harmed more than the supplier? Is there joint investment between the two companies to generate increased revenue; reduce risk or reduce costs to both parties? One CPO claims “unless you have invested, it’s not a partnership.”

So what our panel of procurement leaders suggest is that for many sales people today, a term that they could consider using is “effective commercial relationship”. Customers don’t want a partnership… and they certainly don’t just want a friendship or merely a ‘good relationship’. Develop effective commercial relationships with your customers and save the Partnerschaft conversations for the lucky few.

Andrew's Photo (blog)Andrew@bluesky

www.blue-sky.co.uk

Could 50 Shades of Grey help your learning stick?

July 31, 2012

It was the conversation over a coffee with friends that made me brave my local bookshop and buy the hottest book of the moment – 50 Shades of Grey.

Even my husband when he saw it in the bedroom (I’d hidden it under a copy of Infinite Jest, another novel I’m trying to get through) cried out “not you as well?!” Yes, it seems that everyone on his commuter train and beyond are mesmerized.

So it made me think ‘wouldn’t it be great if we could design and launch a learning programme that would have the same impact as 50 Shades of Grey?’ A programme that employees would clamour to sign up to and evangelize with their colleagues about the content and learning.

Perform - Handcuffs - Blue Sky Performance Improvement

I am not advocating that learning interventions should involve porn, bondage or domination, just the sentiment that we need to keep designing creative and exciting content to capture employee’s imagination to make learning stick.

And so the Blue Sky 50 Shades of Learning was born by asking our staff to email their lighthearted take on the book and the world of learning. Here are our top 10 for you to enjoy and we want to find the 40 best others from out there in the learning community to make up the 50. If you’d like to send in your contribution, please email hello@blue-sky.co.uk and the top three winners will receive a bottle of Jo Malone perfume or cologne (no handcuffs or gimmicks are involved in this offer!)

The Blue Sky Top 10 Shades of Learning

“Make me cry like I’ve never cried before!” he screamed. “Alright” I said and made him read the entire works of Tom Peters.

“I am your master and you will perform everything I say” …it was then I knew it was time to leave the CIPD.

“I’m curious” he whispered. Never had she felt so deeply probed. She felt exposed from all angles; naked, yet strangely liberated and safe. “So” she said silently to herself, “this is how 360 degree feedback works.”

Wearing my seductive skimpy schoolgirl outfit, I gazed around the room. How was I to know that that was not what they meant by classroom learning?

Once I knew his seven habits…I was disgusted.

He felt his net promoter score rise as she whispered down the phone “thank you, that’s the best customer service I’ve ever experienced”.

My heartbeat raced as I heard him suggest his embedded learning methodology would be different to anything I’d ever experienced before…

He brought a new meaning to the phrase “yes, we can plug the leak in your sales pipeline…”

His PowerPoint presentation was the longest I had ever seen. Slide after slide after slide after slide of animated ecstasy. I died a thousand deaths before I fell into a deep untroubled sleep.

She lay back, disappointed. It was all over so quickly. “Oh” she said, “that’s what you meant by accelerated learning!”

Briege@Bluesky

Briege Kearney - Director - Client Development - Blue Sky Performance Improvement

www.blue-sky.co.uk

Blue Sky Performance Improvement