This month's headlines
Annual Conference takes shape. Tough
economic times, with healthcare reform looming, call
for tough responses. And the 2010 Annual Conference
in beautiful Keystone, Colo., will help IMDA members
formulate them.
MEDICA worth the trip for IMDA members. It's true
that you'll come across some equipment that looks
like it came right out of a 1960s sci fi film.
You'll find some products that just aren't well made
or are knockoffs of better ones made elsewhere. And
you might stumble across some products that probably
won't ever jump the FDA's hurdles. But then again,
with 4,300 companies exhibiting their products at
the MEDICA International Trade Fair in Dusseldorf,
Germany, there's a good chance you might find more
than a few needles in the haystack.
IMDA reaches out to lapsed members. IMDA has
changed, and the association wants former members to
know about it.
You might not like what you see in Facebook.
. .but you
should look anyway. Suppose you've just finished
interviewing a promising, young prospective sales
rep. After she has left the office, you ask
yourself, "Dare I check out her Facebook profile or
not?" What will you find there? And will you let
that photo of her downing tequilas with friends in
Wrigleyville sway your decision?
Conflicts of interest remain a topic of interest to
lawmakers. Codes of conduct notwithstanding,
lawmakers continue to scrutinize physician/vendor
relationships for potential conflicts of interest
that could run afoul of Medicare regulations. But
some physicians are fighting back.
Your job isn't just to grow sales, it's to grow
salespeople. In Part 3 of his series on building a
world-class sales organization, sales trainer Gerry
Layo shows how you can grow your reps into top
producers, and keep them producing for years. |

Keystone,
Colo., is the site of the
2010 IMDA Annual Conference.
Mark your calendar for May 16-18. |
Annual Conference takes shape
'Reinventing the special sales and marketing organization' is working title |
Tough economic times, with healthcare reform looming,
call for tough responses. And the 2010 Annual Conference
in beautiful Keystone, Colo., will help IMDA members
formulate them.
"Reinventing the specialty sales and marketing
organization" is the working title for the Conference,
whose details are being ironed out by a committee of
IMDA members along with Executive Director Katie Swartz.
"Bringing innovative technologies to hospitals will
always be the mainstay of specialty sales and marketing
organizations," says IMDA President Kevin Trout of
Grandview Medical Resources. "But as the selling gets
tougher, how can IMDA members convert their skills and
expertise into marketable programs for their hospital
customers? It may be time for us to look at ourselves,
our people, and our businesses in a new way."
At
press time, the Conference Committee was close to
nailing down a keynote speaker to address the topic of
reinventing, and to stimulate discussion and thought
among IMDA members. (Watch your e-mail and IMDA
Update for news on this front.) "Listening to a
speaker is just the first step," says Trout.
"Formulating concrete take-aways to implement in our
shops is the second."
Tapping into the talent
Conference committee members are committed to tapping
into the expertise of all IMDA members. Potential
sessions include:
- Learning CFOspeak. Healthcare CFOs have a lot on
their mind, and it's easy for them to "miss the
boat" on the potential benefits of new medical
technologies. How can IMDA members capture the CFO's
attention? Can they enlist their clinical customers
to do the same?
- Sharing best practices. Put a bunch of IMDA
members together in one room, and chances are,
you've got experts on a wide variety of business
challenges. IMDA members will tap into that
collective expertise in a stimulating session, in
which members share their business problems…and
offer constructive solutions.
- Inventory management. It may not be the most
glamorous aspect of your business, but efficient
ordering, warehousing and delivery of products can
make the difference to your bottom line. IMDA
members will share ideas about processes that have
worked -- and haven't worked -- in their shops.
- Finding innovative manufacturers. IMDA companies
differentiate themselves from the box-movers by the
technologies they carry. Where can you go to find
the movers and shakers of new technologies? How can
you position yourself as their "go-to-market"
partner? Attendees will share their thoughts with an
industry veteran who knows what new-technology
companies are thinking.
- Approaching GPOs. Group purchasing organizations
are expected to deliver rock-bottom pricing to
hospitals. But these days, even GPOs know they have
to bring more to the table. How can IMDA members
show GPOs that specialty sales and marketing
organizations can be their potential partners in
helping hospitals improve cost and quality of care.
As the sessions are being ironed out, IMDA
members are encouraged to contact Katie Swartz at
(866) IMDA-YES to share their thoughts.
As always, the Conference will feature the
Manufacturers Forum, the industry's only meeting
place for manufacturers of innovative medical
devices and specialty sales and marketing companies.
Tentative schedule
At press time, the tentative conference schedule
looked something like this:
Sunday, May 16
- 9 a.m.: IMDA golf tournament.
- 4 p.m.: Opening session. Attendee
introductions, manufacturer introductions, and
sharing of the important business issues they
are seeking to address.
- 5 to 7 p.m.: Manufacturers Forum and Welcome
Reception.
Monday, May 17
- 7 a.m.: Continental breakfast.
- 8 to 10 a.m.: Keynote presentation.
- 12 to 2 p.m.: Manufacturers Forum.
- 2 to 3:30 p.m. General session: Followup
on morning session.
- 3:45 to 5:15 p.m.: Breakout sessions.
- 6 to 7:30 p.m.: Manufacturers Forum
- 7:30 to 10 p.m.: Awards Dinner.
Tuesday, May 18
- 7:30 to 8:30 a.m.: Continental
breakfast/Annual business meeting.
- 8:30 to 10 a.m.: Breakout sessions.
- 10:15 to 12: Closing session.
These plans are tentative. Watch IMDA
Update for final revisions.
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MEDICA worth the trip for IMDA members
It's a really big show, and there's something for just about everybody.
|
It's true that you'll come across some
equipment that looks, in the words of IMDA member Tim
Beevers, like it came right out of a 1960s sci fi film,
with big gauges and dials. You'll find some products
that just aren't well made or are knockoffs of better
ones made elsewhere. And you might stumble across some
products that probably won't ever jump the FDA's
hurdles. But then again, with 4,300 companies exhibiting
their products, there's a good chance you might find
more than a few needles in the haystack at the MEDICA
International Trade Fair in Dusseldorf, Germany.
Representatives from at least four IMDA member companies
-- Mercury Medical, Grandview Medical Resources, Beevers
Manufacturing and Bovie Medical -- made the trip to the
big trade show in mid-November, which attracted 138,000
attendees from over 100 countries, and 4,324 exhibitors.
A total of 45 percent of those attendees were from
outside of Germany, with a high number coming from the
Asian growth markets and Arab region, according to the
trade show organizers. More than 350 exhibitors were
from the United States, 174 of whom presented their
technologies in two U.S. Pavilions. Other leading
foreign exhibitor countries included Italy, Great
Britain, France and China.
Three goals in mind
For Kevin Trout of Grandview Medical Resources, it was
his second trip to MEDICA, the first one being back in
1991. Trout, who traveled with his wife, Tammy (who is
Grandview's CFO), had three goals in mind for
Dusseldorf: First, to promote IMDA to non-U.S.
manufacturers looking for North American distribution;
second, to look for products that might complement his
company's existing product lines and niche areas; and
third, to spend some time with Grandview's biggest
manufacturer, Sizewise, which itself was seeking to
expand its non-U.S. distribution network (which it did,
finding potential distributors for Turkey, Sandi Arabia
and Australia).
In fact, Trout and his wife used the Sizewise booth as
"home base" during the four-day show. And they needed a
place to collect themselves, given that MEDICA featured
17 pavilions, many dedicated to single specialties, such
as pharmaceuticals, disposables and
furnitures/beds/movable equipment. Even though the show
lasted four days, "it was nearly impossible to get
through every hall, so you had to pick and choose your
areas of interest," he says.
|
IMDA Announcement
Looking for lines?
View a list of all medical devices
receiving FDA marketing clearance in
November by visiting the
FDA Website.
You might find a company in need of your
expertise.
|
|
Trout spent time scoping out the global competition to
his manufacturers. It helped that he often had a
Sizewise engineer walking the floors with him. "He was
looking at the quality of the manufacturing, some of
which was very good, and some of which had obvious flaws
in design," says Trout. "It was a real education for
me."
Indeed, language was a barrier. And, with close to
140,000 bodies in the big convention centers, things got
a little warm under the halogen lights. "But it was a
great education," he says. He found a couple of products
of interest, which he may investigate further. "And the
connections I made, the people I was able to meet, were
very valuable." Learning more about Sizewise's German
operations was a great education as well. "Where else
will you find all these opportunities under one roof?
This is the place you have to go."
Mercury has dual mission
Given its status as manufacturer and distributor,
Mercury Medical had a dual mission: To find non-U.S.
manufacturers looking for distribution in this market,
and to find overseas distributors for its
self-manufactured products, according to George Howe.
Mercury has attended MEDICA almost 10 times, says Howe,
who stayed home this year. And the show does not
disappoint. This year, for example, the company
identified a couple of products that it might bring into
this country, though nothing has been cemented yet. And
as a manufacturer, Mercury used MEDICA to successfully
launch a couple of new technologies to the European
market.
Beevers bonds with distributors
Like Mercury, Beevers sought to meet with existing
international distributors and find new ones, according
to Tim Beevers. The company's products are already
distributed in about 20 countries. In addition, Beevers
and his wife, Kate, went to MEDICA to look for new
technologies for their own company.
"It was our fourth MEDICA," he says. This year, Beevers
shared a booth with Mercury Medical in the Florida
section of the U.S. Pavilion in an effort to cut costs.
After the show, Beevers stayed in Europe, engaging a new
distributor in Germany and making joint calls with its
sales reps to a number of hospitals in that country. He
and Kate met with their existing distributor in Italy,
and trained a rep in Croatia. (It was in Croatia that
the Beevers celebrated Thanksgiving, enjoying pheasant
instead of turkey.)
Tips for IMDA members
IMDA members considering traveling to MEDICA next
November might consider a few things, according to those
who traveled there this year.
- First, share a booth, if you can. This not only saves
money, but gives you a "home base" during the long show.
- Second, plan your time well. Trout spent about 20
bucks on a show catalog, which he used to plan exactly
who he would call on and when.
- Third, plan your accommodations early. Trout had a
room at a nice hotel thanks to his American Express
platinum status. But that said, the hotel was quite a
distance away from the convention center. Cab rides can
get expensive.
- Fourth, unless money is no object, you might have to
resign yourself to staying in close, but not constant,
contact with your people in the shop. Phone calls are
expensive, and the hotels charge quite a bit of money
(anywhere from $20 to $30 a day) for Internet access.
Trout compromised, keeping in touch with his staff
"intermittently" but not "constantly."
- Fifth, be nice to the people in Europe, and they'll
probably be nice to you.
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IMDA reaches out to lapsed members |
IMDA has changed, and the association
wants former members to know about it.
The IMDA Membership Committee, under the direction of
Martab Medical's Tony Marmo, is reaching out to members
who have let their membership lapse within the past five
or six years. The message is simple: IMDA provides
valuable networking and education to its members, but it
has added some hard-dollar values too.
For example, not too long ago, following some hard work
by the late IMDA President Bob Wahlemaier and former
President Shawn Walker, IMDA crafted an agreement for
product and professional liability insurance with
Alliant Insurance Services, Medmarc and The Hartford.
Many members are saving money on their premiums while
receiving comprehensive coverage. In many cases, their
savings exceed the cost of their membership in the
association.
More recently, spurred on by Shawn Walker's industry
involvement in vendor credentialing, IMDA Executive
Director Katie Swartz has crafted discount agreements
with several providers of vendor-credentialing services,
including Vendormate and Status Blue. At press time,
Swartz was working on more agreements. One member
reports that by taking advantage of those discounts, his
company has saved more than $2,000 this year on his
company's vendor-credentialing fees. Again, that exeeds
the cost of membership.
IMDA still offers the only educational and networking
venue for specialty sales and marketing companies in the
form of its Annual Conference. (The next one is
scheduled for May 16-18, 2010, at Keystone Resort in
Keystone, Colo.) IMDA legal counsel Mitchell Kramer and
Barbara Kramer continue to provide valuable services for
IMDA members. And the executive staff continue to work
to heighten the visibility of IMDA and its members among
manufacturers of innovative medical technologies. But
today's IMDA also offers benefits that go directly to
members' bottom line.
If you see a former member of IMDA, steer them to the
Website at www.imda.org, or have them give IMDA a call
at (866) 463-2937. It's time they gave IMDA another
look, and you might be the one to talk them into doing
just that.
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You might not like what you see in Facebook
. . .but you should look anyway, says sales consultant
|
Suppose you've just finished interviewing a
promising, young prospective sales rep. After she has
left the office, you ask yourself, "Dare I check out her
Facebook profile or not?" What will you find there? And
will you let that photo of her downing tequilas with
friends in Wrigleyville sway your decision?
These days, there's a very good chance that any
prospective employee under 25 or 30 has a Facebook,
LinkedIn or Twitter page. Your question as a business
owner, employer and medical specialty sales and
marketing organization is, "How much weight do I assign
to such social networking sites when assessing
candidates?"
Mike Stankus, founder of STM360, a sales recruiting and
consulting firm in Beverly Farms, Mass., has asked
himself the same question. In fact, IMDA members might
have noted a recent question he posed on LinkedIn: "When
you're looking to hire prospective employees, do you
check out LinkedIn and Facebook?"
People behaving inappropriately
Founded a couple of years ago by Stankus, a native of
Chicago's South Side, STM360 helps organizations hire
and integrate top-performing salespeople and managers,
and offers coaching for sales leaders as well. "Our
vision is to help our clients attract and develop the
best sales talents in their specific industries," he
says.
"The reason I posted my question was that I noticed
people using LinkedIn and Facebook in what I feel are
inappropriate ways," he explains. "I wouldn't want one
of my employees acting inappropriately in cyberspace,
just as I wouldn't want them acting inappropriately in
the real world."
The LinkedIn question sparked interest in the social
networking community, with approximately 75 percent of
respondents saying they "absolutely" check out
prospects' Facebook and LinkedIn profiles, or at least
agreeing it's a good idea. The remaining 25 percent felt
that doing so is an invasion of privacy, and could lead
to discoveries that might lead to discrimination in the
hiring process, such as learning a person's sexual
preferences, marital status, age or political leanings.
All things considered, though, Stankus believes
prospective employers should take the time to check out
prospects' LinkedIn and Facebook pages, for a couple of
reasons.
First of all, IMDA members have to understand that
Facebook, LinkedIn and Twitter have distinct and
different purposes. LinkedIn, for example, has built
itself as a place where people can build a business
network, while Facebook is more of a social and personal
site, where people share information about themselves to
others outside the business community. Twitter,
meanwhile, allows people to post things about themselves
to those who opt to "follow" them.
Cyber cocktail party
"Think of checking people out on LinkedIn as going to a
cocktail party," he says. "How would you feel if someone
was arrogant and pushy, and all they did was pitch their
product or service?" If they do that on their LinkedIn
profile, you might want to avoid them as potential
employees.
Business owners and sales managers can also learn a lot
about prospective sales reps by viewing their Facebook
profiles and postings, says Stankus. For one thing, they
can learn how tech-savvy the person is. If the person
allows the general public to view their entire profile,
that may be a sign that they don't understand how to use
the technology. (These sites usually allow individuals
to block all but a small portion of their profiles to
the general public.) Either that, or they're
exhibitionists. Either way, it's food for thought for
prospective employers.
"The other thing I look for is, ‘How much time are they
actually spending on this?'" says Stankus. "If you're a
salesperson and you're spending a lot of time on these
sites, that tells me you're not doing what you're
supposed to be doing -- selling."
Twitter is a waste of time for many companies, says
Stankus. That said, large corporations can benefit from
it by monitoring what the public is saying about them.
One word of caution to IMDA members who open a
prospect's Facebook profile or view their postings. In
most cases, the person won't know who viewed their
public profile. But for a fee, some systems, such as
LinkedIn, allow users to learn who is checking them out.
"Every time I go to click on someone's profile, I ask
myself, ‘What are the consequences of them knowing I'm
doing this?'" says Stankus.
Value to IMDA members
IMDA as an association has already posted profiles on
LinkedIn and Facebook. And Stankus believes individual
members could benefit by doing the same. For example, a
company on Massachusetts' North Shore region might
conduct a LinkedIn search using key words such as "respiratory therapists" and
"Massachusetts" to harvest
a list of potential customers fitting that criteria. "A
lot of savvy manufacturers looking for prospective
distribution do the same thing," he says, which is
another reason IMDA members should consider LinkedIn.
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Conflicts of interest remain a topic of interest to lawmakers
Some physicians are fighting back |
Codes of conduct notwithstanding, lawmakers continue
to scrutinize physician/vendor relationships for
potential conflicts of interest that could run afoul of
Medicare regulations. On Dec. 9, Medtronic Inc.
disclosed that it had received a subpoena in September
from the Department of Health and Human Services' Office
of Inspector General in California seeking documents
relating to its pacemakers and defibrillators. According
to a report in the Wall Street Journal, the subpoena
also requested "documents relating to payments or items
of value provided to customers."
The Wall Street Journal also reported that Medtronic
competitor Boston Scientific disclosed in a quarterly
filing with the SEC that it had received a subpoena from
the HHS Office of Inspector General on Sept. 25. That
subpoena reportedly sought information relating to
contributions Boston Scientific's heart-rhythm business
made to charities with ties to physicians or their
families.
Most of the big vendor associations -- including the
Advanced Medical Technology Association (AdvaMed) and
Pharmaceutical Research and Manufacturers of America
(PhRMA) -- have created model codes of conduct for their
members, proscribing certain practices, placing limits
on gifts, etc. Many professional societies and
associations, including the American Medical
Association, also have codes of conduct or ethics in
place. But voluntary codes often aren't enough.
Some states have attacked the issue through legislation.
Minnesota has a long-standing ban on gifts, and
Massachusetts and Vermont this summer put into place
some fairly strict limitations on vendor/physician
relationships. Other states are looking at doing the
same thing.
Physicians fight back
While public sentiment -- certainly that of hospital
purchasing executives and probably that of hospital CFOs
-- would seem to lie with those who frown upon
gift-giving or other financial remuneration on the part
of vendors to clinical decision-makers, a group of
physicians is fighting back. This past July, an
organization called the Association of Clinical
Researchers and Educators, or ACRE, held its charter
meeting in Boston. ACRE (www.acreonline.org)
is an organization of medical professionals "who
recognize that appropriate physician-industry
collaborations and relationships benefit patients and
advance science."
In an interview with the Journal of Healthcare
Contracting magazine (www.jhconline.com),
which is read by purchasing executives in hospitals and
multihospital systems, Carey Kimmelstiel, M.D., defended
ACRE's missions. Kimmelstiel is director of cardiac
catheterization laboratory and interventional
cardiology, and director of clinical cardiology at Tufts
Medical Center in Boston, as well as associate professor
of medicine at the Tufts University School of Medicine.
Yes, physicians can be influenced by gifts, trips, etc.,
he told the magazine. "Anybody can be influenced," he
said. "That said, most physicians are savvy enough to be
able to ferret out those who are giving a talk of value
vs. those who are prostituting themselves. "This whole
idea that our practice patterns are going to be changed
by a pad of Post-It notes is kind of insulting. I have a
little bit of a problem with the idea that if I use a
pen with a company's logo on it, it will influence what
I buy."
Kimmelstiel argues that overly strict
conflict-of-interest policies can stand in the way of
the education of students, physician trainees and
practicing physicians. Many educational programs and
gatherings are underwritten by industry. Under new,
strict conflict-of-interest guidelines, however,
industry may bow out. "Who will fund them?" asked
Kimmelstiel. "Hospitals? No. State government? That's
laughable."
Physicians need ongoing education on new technologies
and pharmaceuticals, says Kimmelstiel. And the best
people to provide that training are other physicians. "I
don't like this term ‘promotional speaking,'" he says. "The only thing I promote is my patients'
health. I call it ‘industry-funded speaking.'
"Do I feel guilty about getting paid [for giving talks
and seminars]? No. I would rather spend time with my
family. Why should I do it for free?" But physicians
need to be trained about new technologies, clinical
guidelines and clinical trials. "How is that going to
happen? Only if you go out and conduct an educational
session."
IMDA members can visit the ACRE Website at
www.acreonline.org. Those with a cynical bent can
view a satirical Website poking fun of ACRE at
www.acrenow.com.
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Part 3:
Building a world-class sales organization
Producing -- and keeping -- top producers
Your job isn't just to grow
sales, it's to grow salespeople.
By Gerry Layo |
Last
month, in the second part of his series on building a
world-class sales organization, Gerry Layo spoke about
the importance of getting your new reps trained and
producing. In the third -- and final -- part of this
series, he talks about growing your reps into top
producers, and keeping them.
Oftentimes, companies get new members of their team into
a training schedule early on, covering things such as
product knowledge, territory, company policies, etc.
Once the new recruit has a basic knowledge of how the
company works and what to do, he or she is assigned a
prospect list or territory and sent to work. Even
companies that have a very stringent, thorough initial
training process often come up short when it comes to
the ongoing process of training and development.
Ongoing, continuous training
It is the belief of Sales Coach International that
training must be ongoing and continuous. As company
leaders, we send our salespeople out into battle every
day, facing constantly changing forces in the
marketplace. I tend to use the analogy of sending
lumberjacks out into the forest each day to chop down
trees. If their axes are not CONSTANTLY sharpened, the
lumberjacks will eventually have to work much harder.
The result is turnover and/or burnout. The same can
happen with salespeople.
In what areas do your people need to continually
"sharpen their axes?" Do their prospecting skills
generate greater or lesser results than they did last
year? Have their questioning skills increased or
decreased? Could they benefit from some new tools added
to their professional toolbox? There is literally no end
to the list of areas in which salespeople need to be
developed regularly.
To stay competitive, even the greatest of professional
athletes must attend regular practice to maintain and
grow their skills. In fact, there are countless stories
of the best in their field (Michael Jordan, Tiger Woods,
Jerry Rice, to name a few) being the most relentless at
honing their skills through practice and coaching.
Wouldn't you expect your automobile mechanic to
continually work on and upgrade his skills? How about
your doctor? Well, your customers expect the same thing
from your salespeople. Unfortunately, it is rare to find
salespeople who will take on this growth initiative by
themselves. Therefore, it is up to the leaders of the
sales team to create and systemize ongoing and regular
training for their salespeople. Training and constant
development are part of the culture of some of the
world's greatest companies, such as GE and IBM. Training
needs to be scheduled and held sacred.
There are a few different levels of training and
coaching people. First of all, training and coaching are
not to be done in the classroom every time. The best
leaders in business today schedule regular time in the
field with their salespeople. When was the last time you
spent time with your people in the field LISTENING? It
is only after you know where your people need help that
you can appropriately begin to do the things necessary
to help them grow.
Sales meetings that people look forward to
Many companies hold weekly sales meeting to review
performance, stats, quotas, etc. Salespeople rarely hold
these meetings in high regard; instead, they look at
them as unnecessary and a waste of their valuable
selling time. That's why owners and managers need to
look at every sales meeting as an opportunity to work on
the skills, the hearts, and the minds of their people.
The key to great sales meetings lies in preparation.
What is the goal or the purpose of the meeting? What do
you want your people to walk away with? Will you do all
the talking, or will you facilitate dialogue? What key
elements or issues do you want to attack in the meeting?
Will the meeting hold value for all participants? What
time will it start? How long will it run? What type of
assignments will be given? What do you want to learn
from the meeting?
Of course, many companies also choose to hire an outside
coach or firm to provide additional training for their
sales teams. This can be of major value to many
companies in that the outside firm can give a fresh
voice and perspective to the company's vision and
philosophies. In addition, an outside speaker or trainer
can help validate the efforts of the company towards
change, which can oftentimes be difficult and unwelcome.
When using an outside firm, we suggest having a minimum
one-hour conversation with the speaker/trainer/coach in
advance of the training session so that they know where
you want to focus the training and what the main
take-away message is for your people.
Quarterly or annual sales meetings are great times to
gather sales teams for additional training and the
exchange of ideas. These meetings can be held onsite or
offsite from your headquarters. We suggest that when
holding such a meeting, make sure that training is PART
of the agenda, but not all of it. Time should be
scheduled for team-building, networking (sharing of
experiences), socializing, and recognition. Although you
should be very focused on a training agenda, be careful
not to take a multiday event and turn it into a training
lecture circuit. It could have an adverse effect. Do
whatever is necessary to make sure that your people look
forward to the training they will receive.
Most important, remember that, done correctly, the
ongoing training and development of your people needs to
be looked at as a positive, healthy, and fun experience,
with strong follow-through by the leaders.
Keeping your reps
Now that you have a solid, well-trained sales team,
which is constantly being grown in quality as well as
quantity, what can you do to make sure they stick
around? The Harvard Business School conducted a survey
in which top-producing sales professionals were asked to
rank the top 5 reasons why they stayed in their current
positions. These are the top 5 reasons:
1. RESPECT. How do your salespeople get respect from you
or your sales managers on a regular basis? People choose
the profession of sales because of the validation they
receive when they succeed at getting to "yes." This
process, however, can take them through a series of
rejections and letdowns from potential customers and
prospects. How is it that we can make sure that they
receive the respect they deserve for being the leading
edge for your company? Oftentimes, the answer does not
cost a penny! Ask your salespeople for their opinion on
things, then respect their suggestions. Thank them for
working hard to build your business. Pay them on time;
pay them what they earn; and don't mess up on their
commissions! Make sure the rest of the company regards
them similarly. Work with them, coach them, train them,
and get in the field with them. You'll be amazed at what
you will learn!
2. RECOGNITION. How many of your salespeople would say
that they are overly recognized? Recognition is like
oxygen for salespeople. As I mentioned above,
salespeople have chosen their career for the feeling of
validation. When they get a win, treat it as such.
Recognition, like respect, oftentimes costs nothing, but
it can mean the difference in the loyalty of your
people. It is our belief that the things that get
recognized get done. Recognition can be offered in so
many ways: A handwritten note from the boss expressing
gratitude and enthusiasm over a job well done. A plaque
that recognizes (in perpetuity) the salesperson or
employee of the month. An announcement to the team over
the office PA system for a random outstanding act. A
place to publicly post rave reviews from customers or
fellow employees. Remember, don't confuse compensation
with recognition (although random, spontaneous bonuses
can be very effective ways to recognize proper efforts).
Compensation is a right, recognition is a gift!
3. POSITIVE WORK ENVIRONMENT. Ask yourself this
question: "If I worked here, would I look forward to
coming to work, or would I dread it?" Would you work for
you? A positive, upbeat, competitive, enthusiastic
environment is imperative for top sales pros.
Salespeople face a world of negativity and rejection in
the marketplace. They have chosen a career as
professional "no"-takers so that we may become
professional problem-solvers. The culture and
environment in which they work is imperative to their
happiness. Take a look around your organization and
identify the areas that need improvement. Here's a flash
for you: It's OK to have FUN, as long as the work is
getting done. By the way, if your office reflects
respect and recognition, it will be a positive work
environment. As business leaders and sales managers, we
are not always the best to judge whether we have
positive work environments or not. Ask your people how
you can do better, what can be added, what should be
removed, and what can be adjusted, changed, or enhanced.
You'll be surprised at the answers you receive!
4. OPPORTUNITIES FOR PERSONAL GROWTH. All top performers
are looking to grow, to do better than they did last
year. If you truly want to keep the hitters and the
winners on your team long term, you must continually
work with them to create ongoing opportunity for
personal growth. In addition to what you offer in your
internal training strategies, look to outside agencies
and organizations for additional avenues of development
for your people. Bring in speakers/trainers/coaches for
your team. Send your people to seminars and/or training
sessions on a multitude of subjects. Support and/or
offer to pay for additional education or extended
degrees. Build and offer a library of resources such as
tapes/books/videos for your people to reference
regularly. Offer optional training classes on weekends
to those who wish to take advantage of them. Most
important, show your people that you are seriously
invested in their growth and development, and that you
are willing to do whatever it takes to make them more
productive and developed.
5. MONEY. Most sales positions have some tie to
commissions, and commissions are tied to results, and
results are tied directly to Attitude, Skills, and
Activity. Quite frankly, with those things tied to the
five areas listed above, ask yourself this: What comes
first?
As you look to build a world-class sales organization,
make sure that you are focused on the right things. As
sales managers and business leaders, it is not our job
to grow sales. It is our job to grow our salespeople in
quantity and quality every day. The initiatives named in
these three articles should give you a simple road map
to help you focus on how to get started.
Gerry Layo is CEO of Sales Coach International,
Granite Bay, Calif., which -- through speaking
engagements, workshops and extended coaching/consulting
engagements -- is dedicated to helping companies in the
areas of sales, sales leadership and customer service.
He conducted two IMDA training seminars in 2008. Visit his
Website at
www.gerrylayo.com or
e-mail him. Return to top

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IMDA Update
Published by IMDA
5204 Fairmount Ave., Downers Grove, IL 60515
Phone: (630) 655-9280
(866) IMDA-YES (866-463-2937)
Fax: (630) 493-0798
Website:
www.imda.org
E-mail:
imda@imda.org
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| Staff
Katie Swartz: Executive
Director
Judy Keel: Executive Vice President
Patti Perillo: Senior Administrator
Mary Moran: Chief Financial Officer
Mark Thill, Editor &
Communications Director (847) 255-0716
Mitchell Kramer, Legal Counsel (800) 451-7466
Barbara Kramer, Legal Counsel (734) 930-5452
George Ayd, Jr., Insurance
Administrator
(703) 652-1309
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| 2009-2010 Directors
President
Kevin Trout, Grandview Medical Resources, Inc.
(412) 914-0950
President-Elect
Anthony Marmo, Martab Medical (201) 512-1100
Secretary/Treasurer
Hal Freehling, Jr., O.E. Meyer Company (419) 609-1633
Chairman of the Board
Dave Campbell, PhD, Vital/Med Systems Corporation
(303) 660-0888
Directors-at-Large
Tom Birmingham, Bay State Anesthesia, Inc. (978) 682-6321
George Howe, Mercury Medical (727) 573-0088
Philip M. Reilly, KOL Bio-Medical Instruments, Inc.
(703) 378-8600
Don Reiter, Specialty
Respiratory Care, Inc.
(818) 717-8807 x19
Bill Schultz, IPV Medical, LLC (760) 212-2769
Past-President
Shawn Walker, Bay State Anesthesia, Inc. (978) 682-6321
Manufacturer Representative to Board
Tim Beevers, Beevers
Manufacturing & Supply
(503) 472-9055 |
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| The ideas presented in this newsletter may or
may not be applicable to your particular situation. Always
consult your tax advisor, attorney or CPA before putting them
into effect. |
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