5 fears that WILL lose you the sale

More often than not, it isn’t what we say that loses us the sale – it’s how we think.

Sales, more than any other profession, plays with our minds and at certain critical moments during the sales process we are particularly vulnerable to talking ourselves out of a sale. Subconsciously, fear can distort our thinking during these decisive stages which is why having an awareness of how our minds work can make the difference between success and failure.

Be honest, have you ever caught yourself thinking any of the following?

  • I’ve got a new lead but what if it’s a waste of time?
  • I’m about to become one of those irritating sales calls but hey, it’s another appointment to add to the log.
  • Our product isn’t the best on the market and it probably won’t be what they’re looking for.
  • They’ve gone quiet – we must have been too expensive …
  • … or maybe they’re talking to someone else?

As sales people we are great story tellers. This is how we convince our prospects that we can solve their problems. It’s also how we talk ourselves out of a sale. Whenever we’re persuading ourselves or someone else of our point of view we go looking for evidence to back it up. What really matters is where we look for that evidence.

Our minds are powerful and use all our senses to store multiple experiences on the hard drive that is our subconscious.   Our subconscious is incredibly complex and I do not pretend to understand the inner workings but if you want to learn more get a copy of Incognito by David Eagleman, he knows his stuff. For the purposes of this argument, we simply need to be aware that the subconscious stores experiences and emotions associated with those experiences.  Within the subconscious filing system are ‘folders’ where we store habits, beliefs, cultures and biases.

Although we store our take on reality, it is not necessary the truth, although we will be convinced that it is exactly as we remember. When faced with a new, scary or challenging situation, the way we’re feeling at the time will influence which subconscious files and folders our conscious mind chooses to access.

Conversely, these files and folders will inform how we feel going into a sales situation.  Contained within them will be the culture of our company and sales team, our biases relating to prospects, products and services, past sales experiences and beliefs about our capability and ability to deliver what the prospect wants.

So what can we do about it?

As we’ve already acknowledged, a seller’s mindset can be their best asset, but it can also be their undoing.

Developing a winning mindset relies on us revisiting the way we think at critical moments in the sales process.

Listen to the voice in your head

Is it being helpful or unhelpful? What many of us don’t realise is that we can choose how we think – in other words, what our inner voice is telling us.

If you start thinking about the negative reaction you might get when you make a call, you’re not going to have the right mindset to maximise the impact of your sales message during the conversation. When it comes to discussing price, the wrong mindset can leave you wide open to cost challenges and a lack of conviction. Assuming you’ve managed to seal a deal, the way you think will influence your ability to ask for referrals. Are you being a bit cheeky or do you feel you’ve done a great job and have earned it?

Changing your thinking takes time and the first step is simply being aware of how you think in different situations. By taking control of your thinking,  you can develop a winning sales mindset.

 

 

What is the value of a growth mindset to business?

Having the right mindset is often talked about in companies, but how can a mindset make a difference to results.

Paul and Ricky discuss how a growth mindset can help deliver better results, allowing individuals and teams to grow and learn from their failures as well as their successes.

 

The idea of mindset comes from the psychologist, Carol Dweck, following extensive research on achievement and success. In the podcast, Paul and Ricky explore how people often approach the world with one or two different mindsets. A growth mindset allows you to see the world as abundant and to have the ability to grow and learn from situations. In a fixed mindset, people will tend to have a more emotional reaction and look at the world in a very specific way.

In business scenarios, Paul and Ricky discuss how it can be very useful to promote a growth mindset. In the 21st century, modern economy things are changing all the time so can we really afford to have a fixed mindset? They go onto consider the benefits of a growth mindset. Fundamentally, it allows us the ability to learn from failure as a group, individual or organisation. People with a fixed mindset may use up a lot of time, energy and resource when they could be moving forward.

It’s possible for many of us to have a combination of the two but how do you achieve a growth mindset in an organisation? Paul and Ricky examine how leaders have an important part to play, for example, in the way questions are asked. If a mistake occurs, the first question many people might ask is why it happened? This will need to be considered, of course, but someone with a growth mindset will ask what can we learn and take away for the future?

Paul and Ricky conclude their discussion by looking at how a growth mindset in the world of business can help deliver better overall results because it allows forward thinking to thrive.

The Thinking Focus: The Question Is podcast series is available to download on ITunes.

 

How can you motivate your team more effectively?

 

Ever wondered if there was anything you could do to motivate your team to achieve the goals and tasks that they have been set?

Ricky and Paul ponder this by exploring how relevance and purpose can be used to engage and motivate.

Ownership is key when it comes to approaching tasks or goals with energy, enthusiasm and passion. In the podcast, Ricky and Paul discuss the importance of giving a team clarity about what they are working on and outlining the purpose. Sometimes, leaders can too easily become caught in the detail of what needs doing but the focus needs to be on the vision and getting people to buy into that vision.

They explore how the issue of relevance is key to motivating a team. It’s important to make sure everyone knows how they fit into the bigger picture. How is it relevant to them and the wider organisation? Ricky and Paul consider how at work some people can be on auto pilot: they do what is asked of them very well but don’t see the connection to the bigger picture.

By giving people a level of autonomy, we can give them the freedom to express themselves and go after goals in their own way. They can deliver them in the way that feels most appropriate and bring a different perspective into the equation. Ricky and Paul refer to the book Drive by Dan Pink which looks at this issue in more detail.

The pair conclude their discussion by breaking the process of motivating a team more effectively into five steps: clarity, purpose, involvement, autonomy and ownership. We are likely to see real benefits and value if we can get people to own the task or goal. This will be apparent in the way they apply themselves and have a knock-on effect when it comes to the wider aspirations of the organisation.

The Thinking Focus: The Question Is podcast series is available to download on ITunes.

So Why is Great Service So Hard to Come By?

Today I had two experiences that made me want to let off steam about customer service. Or rather, the lack of it. I feel I may have reached that age, the age where one turns into a grumpy old man. Some may argue that ship sailed long ago.

Please don’t tell my wife, but I visited a well known fast food chain for my breakfast, my weakness the sausage and egg McMuffin. I used the drive through and when I came to pay the server  was bright, bubbly and smiling. Wow, I thought.  She’s enjoying her day. Two seconds later I approach the main event, the bit where I get my snap. This server was the polar opposite. Efficient, yes, but very dour.

Later the same day, I have the misfortune of talking to my business bankers, an experience to behold. I interacted with a call centre, my online account and the online chat.

Let’s start with the online chat. I went through the entire process only to be told I would have to start again as this chat was not secure. That meant I had no option but to contact the call centre. Including the 15 minute wait to be connected this whole process took up an hour of my time.  All because they cannot communicate swiftly and efficiently. This gross inefficiency (or incompetence) is causing them and more importantly their customers to waste valuable time. All because they have failed to design their systems and processes with their customer at the heart.

To add insult to injury, I decided to give some constructive feedback (see paragraph one, grumpy old man). I presented my facts in four clear bullets only to be thrown off the page because I failed to complete my mobile number in the way they wanted. The contact form deleted everything on the page and forced me to start again, or abandon. So now, if transacting with them was not hard enough, complaining was even harder.

Now, banks will hide behind a load of rules and regulations. I know, I used to work in one, and that was over 20 years ago. I see nothing has changed.

Service is a lottery, and yet it is the one thing that all organisations have in their gift.

I put it down to two things:

1. The systems and processes make it impossible for the decent people in the service industry to deliver the service they can. The system disempowers them.

2. The engagement of their people is so poor that they have failed to communicate their vision and purpose in a way that their people can connect. If they don’t get why service is so important to the customer, then businesses are putting more than that customer at risk, the brand, future revenues and a lot more besides.

Of course, individuals can take ownership for how they behave but businesses, please stack the deck in your people’s favour and give them the tools to deliver, both they and your customers will thank you for it.

Is your CI Team the problem with your CI programme?

A UK food manufacturer was looking at investing in a formal Lean and Six Sigma programme, as they believed that they had done everything they could to optimise their plant. Across the business, there was evidence of people operating in silos, and a fragmented attitude towards Continuous Improvement with a perception that CI was purely for the manufacturing process.   The business driver was to continually find year on year savings.  The challenge was that they believed no further savings were possible.

Why is having a dedicated CI team such a problem?

Typically, businesses invest huge amounts in business improvement methodologies. They create a CI team to drive the improvement agenda seeking to save money on their production and processes. The trouble with that is that the rest of the business sees them as the owners of CI.

By having a team dedicated to CI, you inadvertently create abdication amongst the rest of your business. Your people look to your CI team to solve problems, own the reporting and expect them to take the heat when the benefits of CI do not materialise as expected. After all, you created the CI team to ensure your CI investment pays off. CI is cultural, adopted at all levels of the business. Everything you do needs a CI lens to look at process optimisation, waste reduction and process improvement. You need an environment where everyone can and are encouraged to get involved in the improvement agenda.

What are their limits? 

The CI team have limited reach. When they intervene, they are dependent on the individual or team adopting the revised approach. Much will depend on how they manage the change process. The CI team have the process knowledge but do they have the change skills to take people with them? Are the CI team fighting the culture, the business mindset? Your CI team become frustrated at a lack of support, perceived or real. The overall impact means the business loses out on many levels. You do not realise efficiencies and savings; waste is created by people not being engaged effectively and leaders go looking in the wrong place for reasons.

Back to the food manufacturer

Let’s get back to that food manufacturer. The issue was that their culture was not one where CI was central to everyone’s role.

How did they solve it? They developed a programme which brought together cross-functional teams to tackle seven business projects. The leadership team sponsored the key projects and the project groups were equipped with mental models and tools and then challenged them to apply them to the business. They created an environment where people felt able to have a go.

The impact was a real cultural shift. 

The CI team became enablers, not owners of CI. They provided expertise but didn’t own the problem. In just 90-days they have not only identified over £500k of savings across the business, but improved engagement, streamlined processes, and freed up almost 30 hours a week by removing duplication.

 

Are you getting the bang for your CI buck? If not, I recommend you look at how your CI team operate. A CI team who act as enablers in a culture where the whole business owns CI will unlock huge productivity gains and better still your people will own it! A CI team who own the CI agenda will never realise the potential that exists in your business.

How does visualisation help goal defining?

Is visualisation an effective goal defining technique, or is it just day dreaming.

If you have big goals or aspirations, visualisation can be a very effective technique.  Rob discusses with Ricky how you can use your imagination to define your future.

None of us know what the future holds but visualisation can be a helpful way of gaining clarity and harnessing our imaginations. Rob and Ricky begin by exploring how some goals are clinical and straightforward, set targets for example. But bigger goals focused on the future require a different approach and this is where visualisation comes into play.

They explore the issue of retirement as another example. Many people can talk very precisely about their retirement even though it may be as far off as 15 years away. To have such clarity, they must have thought about the matter a lot and be very motivated about what retirement is going to bring them. Essentially, they have achieved a level of clarity through visualisation.

Rob and Ricky go onto explore how visualisation has a couple of elements: the first is clarity and the second is focusing on what we want to achieve. By using our imaginations to build a picture of the future, we can define our goals.

Senior Managers will often spend a lot of time thinking about the future. Rob and Ricky explore how they can bring that visualisation to life, enhance their passion and energy, to take the rest of the team on the journey.

Visualisation helps us to turn off rational or scientific thoughts and tap into our imagination enabling us to work towards something we really want to achieve at a future point. To all sense and purposes, it’s about sketching a picture and then giving others the opportunity to add colour and fill in the gaps.

How can you write goals for things that are touchy feely?

 

Some goals are easy to write down, they have clear defined outcomes.  However, goals for feelings, such as confidence, or for perceptions such as relationships or expectations are much harder to articulate.

In this episode, Rob explains to Richard how you can use a benchmark within SMART to create clear simple goals around these harder to define areas.

When it comes to the best approaches for writing down goals around emotions and feelings, there are still useful techniques that can be applied. Rob explains to Richard how you can use a benchmark within SMART – specific, measurable, assignable, realistic and time related – to help you achieve a written down goal.

But how do we measure something that is a feeling or a perception? Rob explores how a useful technique is to consider the feeling on a scale of one to ten and then apply a numerical figure. For example, you may judge your feelings to be 4/10 at this moment in time but where do you want to be on the scale by a particular date?

Rob and Richard discuss how this approach allows us to write the feeling down in a SMART goal format: by this date… I will have…. improved to a specific number.

Rob adds that it’s important to use our imaginations. For example, on the scale we know what 4 feels like right now but how much would we like it to be? What would this feel like? We may feel an improved level of confidence in specific situations.

It’s fair to say goals around feelings are more difficult to write but as Rob and Richard explain in the podcast, there are useful methods that enable us to put these to paper.

The Thinking Focus: The Question Is podcast series is available to download on ITunes.

How can you get your team to contribute more ideas?

 

Ever asked one of your team, what do you think we should do?

Did you even get an answer?

Getting people to contribute ideas sometimes can feel like pulling teeth, but it does not need to.

Rob explains to Paul how, with a few simple steps, you can help everyone channel their creativity and expand the range of ideas available to you.

It can sometimes a feel a bit like pulling teeth when it comes to getting people to come up with ideas. In the podcast, Rob and Paul explore a few simple steps that can make the whole process run more smoothly.

At the outset, we need to be clear of the benefits when engaging a team to generate ideas. In the podcast, Rob and Paul discuss how it’s a two-sided equation. As team leader, we must be willing to let go and let others come up with their own ideas in the knowledge those ideas will subsequently be valued and considered. In turn, the benefits to the organisation are you can harness the collective thinking power of the group rather than just relying on one source.

Rob explains a lot of creativity comes from a combination of different ideas. It’s important to break the process into two parts. Some people are very good, for example, at coming up with lots of ideas whilst others are talented at evaluating those ideas. There needs to be a clear topic and a clear rationale: we then need to apply techniques to generate ideas and establish afterwards how these will be taken forward.

The pair conclude their discussion by focusing on a strategy known as the 20-idea method. It’s a simplistic but powerful way to solve challenges and get the creative juices flowing. It involves setting out a clear topic which is usually posed as a question. Everyone then individually writes down their ideas. Not only does this method generate a volume of ideas, we can achieve a wider scope of ideas. It allows us to compare, contrast and add to ideas with the further benefit of ensuring the whole group is involved.

The Thinking Focus: The Question Is podcast series is available to download on ITunes.

Should the R in SMART be Realistic or Relevant?

Have you noticed how some people use realistic, while others use relevant?

So which is the right one, does it even matter?

Rob and Rich discuss the merits of both.  Maybe they might change your mind about which one to use.

It’s fair to say the acronym that gives us a guide to setting goals and objectives, SMART, has been around for some time. In our podcast, we explore how you get better value if you consider the R stands for relevant.

Rob and Rich begin their discussion by reminding listeners what SMART stands for: Specific, Measurable, Achievable, Realistic/Relevant and Time-bound. Many people use realistic because that’s what they know but Rob is a big fan of applying the term relevant instead. He maps out how if you have a list of tasks to achieve on a day, we can always choose something that’s realistic. Just as an example, we could easily set ourselves the limiting goal of running 100 metres in 14 hours.

It becomes a different question if we ask how relevant is the goal? We should be looking at the relevance of achieving our tasks rather than just asking can I achieve them. By applying this technique, we can reach a meaningful goal.

Ricky adds that we bring into play questions and thoughts for the person writing the goal about their motivation if we use the term relevant.

Both agree that realistic and achievable can almost be interchangeable when considering the SMART framework. Substituting the R for relevant can help us to prioritise and consider our motivation therefore adding more value to the whole process.

There really are no right or wrong answers but using relevance in their expert opinion will add more depth and value when it comes to achieving our goals.

Why we dread difficult conversations

The ‘difficult conversation’ is something that, as managers, we all have to face up to at times in our careers. Whether it is having to tell someone that their performance is not up to scratch, having to share changes to the structure, process or work environment or let someone go, it can be a daunting prospect whatever your level of experience.

Why do we find it daunting? The answer lies in how you talk to yourself.

Your self-talk is the voices in your head; we all have them. You ask questions and say things about people, about the situation or yourself. These voices will either be helpful or unhelpful.

Is your self-talk working for you or against you? 

We are great imagineers; we play out given situations in our mind. We search our memory banks looking for examples from the past; we look to the future playing out the conversation with the person.

You imagine their reaction. You can almost see them vividly kicking off, crying, shouting or arguing. You remember similar situations and how others may have behaved/reacted to this type of news. This imagined future will create emotions and will position our state of mind.  Do we see this in a calm, rational way or how most of us see it: as difficult, challenging or potentially confrontational? Our imagination creates the story, the narrative of how we see the conversation going. It is this story that informs how we prepare. If we have imagined a difficult conversation, we are likely to go into it with a level of emotion, expectation and tension. Hardly the best preparation!

What can we do to prepare ourselves for these types of situations?

The great thing about your self-talk is that you can control it. You just need to programme it in the right way. If you find yourself in an unhelpful mindset, the simplest way to change that mindset is to ask yourself three questions:

1.     What could you say that might be more helpful?

2.     What memories could you recall that might be more helpful?

3.     What future could you imagine that might be more helpful?

These questions are part of the Thinking Focus Self-Talk Model, a mental model designed to help you to find ‘ingredients’ to create a more helpful mindset. You can harness the helpful mindset to prepare yourself better for the conversation you need to have.

 

We believe that individuals, teams and business units underperform. Not because they want to, not because they intend to, but because they can’t get out of their own way.

This may not be down to them; it could be the culture or work environment. Our experiences shape our mindset and work habits, often causing people to get stuck.