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Posts Tagged ‘Learning and Development Strategy’

Prospecting Today: A Difficult Adventure

Monday, March 22nd, 2010

prospecting

Today, connecting is a difficult proposition. It is even tougher when you prospect.

There is no doubt that people are overly busy with their day to day personal and business tasks- and even worse, they are being “contacted” in more ways than ever: email, SMS, social media, and by phone (by “pesky” telemarketers to say the least).

It is a virtual flood out there.

How to prospect today? Differentiate in your approach

Even with all the technology and distractions today, people appreciate a real person and voice behind the attempts to connect. It just has to be done right. When was the last time you got a call from a bank with an un-targeted, sloppy approach? I got one the other day.

“Sir we can arrange a loan for you.”

“I don’t need a loan. And how can you make a promise like that- I might not even qualify?”

I challenged the caller with those questions- she had no response. Yes, I know it is her job. She is not to blame- it is management. She is following orders.

This is a  great example as to why people are being “bothered” by prospectors today, as this is an untargeted, “spray and pray” technique. There were also a lot of assumptions in this approach.

What really works? In order for the conversation to be successful, it needs to:

Achieve a goal

Satisfy a need

Solve a problem

What tools/skills does one need? The caller needs to:

Use the right opening statements, vocal techniques and rapport building skills to create interest and capture attention

Utilise conversational bridging statements to keep the customer engaged during the call

Ask effective questions in a logical order to discover the customers current situation, their stated needs and their hidden needs

Listen actively and accurately to capture relevant information first time and recognise the input and contributions received from the customer

Pick up on and respond to customer buying signals and clues that indicate the interest level of customer

Explain and link  the benefits of a product or service to meet customer needs, create interest and secure commitment versus relying on product features

Handle common customer objections by using the APART approach to keep the customer involved in the conversation and focused on the value the product will bring

Use a conversational close to ask for permission to proceed

Professionally close the call to leave a positive, lasting impression in both successful call outcome situations and when the customer declines to proceed

Yes prospecting is difficult…but it can be done. It is all about the approach.

For more, see Connect Through High Impact Sales Conversations

Andrew Sidwell, Team Egyii, Singapore

HR Leaders are Looking for Differentiators- Why?

Monday, November 30th, 2009

 

HR

To support the business in changing and turbulent times, HR leaders are looking for ways to support their stakeholders and offer new ideas/programmes above and beyond the norm.

Why? Due to the pressure of the business. The pressure for profitability and the pressure to contribute more to the business.

How are the HR leaders looking to do this? The HR leaders are looking to supply the right tools, and some of the old tools may not work anymore. They also feel that they need to add more value to the business.

So what might work today?

We all know that HR needs to understand the business and needs to link learning and development to the business goals and strategies. That is a no brainer.

To date, HR leaders have exausted their efforts with the sales and sales management teams by providing sales training programmes that offer a scripted, burdensome process. These programmes have brought in results, but the HR Leaders should take it one step further- even as  the executives continue to look  for quick answers-and quick results.

Wait a minute. Quick answers and quick results? You have tried programmes that offer the quick answers and results already. Some work and some don’t. What to do next?

As an HR leader, shouldn’t you be in the position to advise the business? Shouldn’t that be your key role?

To provide value you should look to be a proactive advisor. And as an advisor, you can position business differentiators.

How to differentiate?

Soft skills.

Soft skills are truly in need today. And I don’t recommend that becuse Egyii’s business evolves around that. I (and others) believe  it.

Soft skills need to complement the current sales process and the product training.

Soft skills are the “glue” to keep it all together.

So why is it difficult to pitch to management? Is it because soft skills are difficult to measure? They don’t show “direct” results? If that is on the mind of your executive team, they need advice. Your advice.

Soft skills, such as relationship skills, are important as they complement the drive for immediate results.

They also build the pipeline.

…and they turn a prospect into a client and keep the client a client.

If you are focusing on programmes that bring immediate results, chances are you are losing the client, because they know when the sales pressure is on. Relationship building soft skills help relieve this pressure and give you the ability to sell immediately and medium/ long termwithout losing the client.

Isn’t that what the business REALLY wants?

HR Leaders have the opportunity to be more active as advisors. Contribute more of your ideas to the business. Add more value by advising the business and offering new tools such as more targeted soft skills.

It may difficult to convince the stakeholders- give it a try.

For more, see:

Building and fostering client relationships.

Building and rebuilding trust.

Trip Allen, Team Egyii, Singapore

How to motivate your insurance sales team- a case study

Wednesday, November 25th, 2009

 

Tough times require resiliency, especially in a cut-throat business like insurance. Your company’s branding, name and reputation, products won’t do it. It’s all about your people.

agent

With pressure from the economic downturn, a large Singapore based insurance company needed their financial planners to deliver every time.  However, the financial planners were not getting the right support they needed from their direct management. Read how Egyii’s Andrew Sidwell helped turn the situation around. Coaching for sales performance

Andrew Sidwell, Team Egyii, Singapore

Enhancing the Participants Learning Experience

Friday, November 13th, 2009

 

“I understand best when I hear, see and do!”

To be competent at any skill each participant needs to understand it both conceptually and behaviourally; have opportunities to practice it, get feedback on how well he or she is performing the skill and then use the skill enough so that it becomes integrated into their behavioural repertoire back in the workplace.

 Through eight years of successful client sales learning and development engagements I have developed the following tried and tested approach that encompasses the most effective learning dimensions to start the process of achieving sustainable behavioural change in your sales team.

To help participants acquire the skills, each Transformational Sales Module follows these steps:

Review of learning outcomes and behavioural standards and how they relate to enhanced performance in the business

Self Assessment Exercise to obtain a baseline performance level

Present Skill Concepts– either through experiential learning activities, case studies or presentations

Modeling exercise that allows participants to observe others exhibiting the desired skill behaviours

Participants practice application of skills and behaviours in structured activities based on job realistic scenarios

Participants receive feedback using the behavioural skills standards checklist to sign off as an indication of their level of mastery

Application questions to provide opportunities to check understanding of how skill behaviours relate classroom learning to real life situations

Personal Action Plans are set  to identify the development of specific personal behavioural changes to implement for successful transfer of knowledge and skills into the workplace

From my experience, this is what I believe to be a formula for learning success.

learning

 

Andrew Sidwell, Team Egyii, Singapore

Introducing…Andrew Sidwell

Tuesday, September 29th, 2009

 

Welcome, Andrew, to Team Egyii.

andrewIn a nutshell, Andrew brings to clients years of hands on experience in the call centre space and in the learning and development arena, working with major banks, insurance and technology companies, to name a few.

Andrew helps clients with the effective sales conversation and the reinforcement behind it. His focus is on solutions for front line service, sales teams and management:

 

Frontline sales and acquisition

Frontline customer experience

Leadership and coaching development

For more on Andrew, see Andrew Sidwell and for more on the programmes he has delivered to banking, finance and the tech sector, see the following.

 

Trip Allen, Team Egyii, Singapore

Why the rules of quality control don’t work in customer service and client relationships

Thursday, September 24th, 2009

 

The fundamental mistake that management in service organisations make is to assume that human interaction follows a set of fixed rules such that all staff should be able to provide outstanding service in exactly the same ways. This assumption leads to training programs which offer a ’scripted’ set of behaviours for all employees to follow in an attempt to create consistency of good customer relationships throughout a large organisation.

Let me summarise the story of Plowman’s State Bank, told in John H. Fleming and Jim Asplund’s book Human Sigma.

Ferdinand Gustafson founded Plowman’s State Bank in the early 20th century in a small town in the U.S. Gus and his employees created value by treating every customer interaction differently, so that each relationship with a customer was unique. The service provided to each customer was personal, individualized and, above all, authentic. As a result of this highly personal way of building customer relationships, the bank thrived and grew.

Of course, we all know that individualized, personal service is the key to creating value in the customer’s eyes. The challenge comes when we try to scale up this model across a large organisation.

As Plowman’s State Bank grew and opened more branches, it became less feasible for Gus and his small team to see everyone who did business with the bank. As he entrusted service delivery and relationship building to a growing number of selected associates, he noticed that in some branches service deteriorated while in others it remained of a high quality. As a result, customers could not be sure which version of Plowman’s State Bank they would encounter when they visited a particular branch – the poor service version or the excellent service version.

The obvious solution was to ensure consistency throughout the bank by applying the principles of quality control. Thus they tried to create hundreds of Gus clones by scripting service. They sent their staff on training programs which told them what to say and do through a set of specified scripts and steps. The result was that the steps to follow (how to interact with the customer) were emphasised over the desired outcome. As the authors of Human Sigma say, “Unfortunately, you can’t find the solution to building genuine customer connections in making the steps of service into a routine.”

In her book The Psychology of Interpersonal Relations, the late German social psychologist Fritz Heider described the concept of equifinality. To quote the authors of Human Sigma again, “In essence, equifinality describes that there are as many paths to achieving a desired outcome as there are people willing to try. No single path is appropriate for all individuals because the conditions required to reach the desired outcome are different for every individual. In other words, though the end remains constant, the means to achieve the end will inevitably vary from individual to individual.”

Needless to say, Plowman’s State Bank became just another bank indistinguishable from the rest. They lost their unique, key point of differentiation – their ability to create value in their customer’s eyes through the right kind of relationship management.

What can a service organisation do, then, to make sure they focus on a common outcome while allowing the journey to reach that outcome to vary from customer to customer and interaction to interaction? The solution is to free your people to express themselves in their own unique ways and tap into their individual talents and strenghts. And the way to do this is to provide them with powerful self-management and relationship-management tools which they can use as they see fit to create value for their organisation.

This is the new direction of people development today: a focus on the individual such that each staff member is motivated by being given the opportunity to fully express herself while building great, lasting customer relationships.

James Irvine, Team Egyii, Singapore

Interview with Charles H. Green, Trusted Advisor Associates, Part 2

Tuesday, July 7th, 2009

 

Trust.

It remains a hot issue and will for a while.

With that, we at Egyii will be doing a series of interviews and Podcasts with the leaders in Trust, in anticipation of our August announcement on our new programme on Trust.

The second of the series is Charles H. Green, one of the founding fathers of the “trust movement ” and founder/CEO of Trusted Advisor Associates. He is the author of Trust Based Selling and co-author of The Trusted Advisor. His expertise is in trusted relationships in business. For more on Charlie, click here.

charlie1

Here is Part 2 (a continuation of Part 1).

The following is transcribed from a recorded session.

Trip Allen: Moving on to 2006, the theme of your second book called “Trust Based Selling,” encompasses two words: sales and trust.

These terms together have a bad reputation and don’t mix well with the business world, a little like oil and water.  Can you elaborate a little bit on that?

Charlie Green:  Well, you are exactly right and I was completely conscious of that when I wrote it that way. In fact one major firm told me if you write a book with “sales” in the title we are not buying it.  The phenomena you just mentioned is that strong, and I wrote that way any way because I wanted to play off the tension.

I think the word sales or selling is a four letter word.  We all have these negative feelings about it, and the whole sales function in many ways has gotten a bad name, too.

What fascinated me about is that sales is where the person and the business come together. When a company buys from one and sells to another, with the exception of reverse online auctions, there are people doing “the deal,” and that is where institutions come together, where they connect. That is what fascinated me – how do people behave when there is serious money at stake and they are doing business? That is the essence of commercial relationship; commerce, in the old sense of the word.

I am happy with the choice I made, because I think it intrigues people. They say “how can you put those two together?” Well, you examine why they don’t fit, and it turns out to be a very interesting way of looking at it.

In a nutshell, there is nothing that sells better than being trusted – period. That’s the power of trust in the commercial relationship. I just find it fascinating.

trustbasedselling-book

Trip Allen:  Charlie, what’s the biggest thing you see wrong with selling today? You just mentioned that the reputation of a salesperson is bad, but what else do you see out there? What’s happening?

Charlie Green:  Well, it’s a great question because 10 to 15 years ago the biggest problem was salespeople selling and really not understanding the customer very well.  I think we have come to have a different problem and that is, let me call it the “mechanisation” of selling or the overdoing of “process reengineering” and the overuse of sales management systems.

Because of that we have broken the personal relationship and we have taken that “commercial” personal relationship (that I mentioned) and broken into a thousand mechanistic, metrics based, measurable behaviour based process. We have taken something that is, ought to be and can be very personal and have essentially depersonalised it. We have gotten to a level of detail where too often metrics have taken over from what the metrics were supposed to be measuring. People have therefore long ago “lost the forest for the trees” and have gotten deep in sequentially linked behaviours, so there is no relationship left.

I would actually say that is the biggest problem in selling today. We have lost the long term interpersonal relationship component of it. Every business I can think of out there still has an enormous amount of room for an increase in the level of relationships, and again, nothing is still better than that.

Trip Allen:  Great Charlie. One thing I am going to pull specifically from the book and one of the many activities I use – and I believe is very powerful,  is called “selling by doing and not telling.”

Traditionally salespeople told clients about the products, the features, the benefits etc. Salespeople have pretty much controlled the conversation. Can you elaborate a little bit on “selling by doing not telling?”

Charlie Green: Yes, and thank you for raising that. I agree with you, that is one of the powerful ideas in the book. If you think of it this way, with “selling by doing and not telling,” the more complicated the product, the more intangible the service, the longer relationship,  the more difficult  the whole sales process is, the less it is likely to be about snap decision and product qualities and so forth.

It’s complicated.

What you don’t want if you are buying a jet engine or if you are buying an audit or buying a brand advertising campaign, is to “out the expert the expert.”  That is an endless game that you will never win as a client or a customer.

What you really want to do is to be able to sleep at the night knowing you made the right decision about the person you deal with. And that is not going to come through PowerPoint presentations, Etc.; people are human beings and not persuaded of the trustworthiness of another human being by overused tools such as PowerPoint decks.  We’d like to think they are, and they will tell us they are, but they are not.

We are all human beings and profoundly make trust judgments based on much more of a “gut feel,” emotional feelings through connectivity and emotional feelings of safety. And that’s simply the way it is. I think we sort of rationalize it with all the logic and the data because, after all, we are supposed to be able to justify things.

That’s all true. But “selling by doing” basically says, instead of telling somebody about all the other past clients and all the wonderful things you have done, leave that behind and “just do it.” Deal with the person in front of you and deal with their issues, with their concerns and bring to them all the wonderful things and experiences you can deliver for them.

Just to simplify, I like to say it is like going out on a blind date with somebody. If they were to talk about the last seventeen people they went out with, you would be bored and offended.

But if on the other hand, what if your date is interesting, innovative and engaging and instead they ask you questions about you, we love that. We love it when people make the topic and conversation about us.

We need to take our expertise and apply it in real time to the problem at hand as it affects the person sitting in front of us. They don’t want to hear our resume or our history. They want to hear what our resume means for them.  That’s what “selling by doing and not telling” is all about.

Trip Allen: Great. Thank you for that. The next question has to do a bit with “selling by doing a not selling,” but it is all about collaboration. That is another key point you have in your book “Trust Based Selling.” How does collaboration improves trust and thereby improve the relationship?

Charlie Green: Well collaboration is one of the important elements I outlined in the book and it goes well beyond selling actually, although we will focus on the selling aspect only.

The other three key elements on the list are transparency, focus on the well being of the client (for sake of client and not just for us) and the tendency to look at the medium to long term (rather than just the short term).

Collaboration may be just the most important of the four elements. In any case, what collaboration means is a fundamental mindset. It says “I am not in this for me and dealing with you as an object. We are in this together. We are in for the sake of however long this relationship is going to be, working together for the greater outcome for both of us, but mainly for you, the client.”

So any decision we make has to be good one for both of us. We both have to be involved in it. We can’t keep too many secrets from each other. And if you begin thinking that way, you will begin behaving that way. You’ll start sharing more information with your customer, you’ll start feeling more free to ask them questions. After all, you have to know their answers in order to be collaborative, and frankly it even begins in the selling process. 

In those businesses that have process of using proposals, my “radical” suggestion is to write the next proposal, sitting next to the client in their offices. Instead of saying “great discussion” or “I’ll get back to you with the proposal later this week,” say “let’s book the conference room again and let’s work on this together. I know it is a proposal and, we may not get the job, I understand that. But if we may do this, you will have, at the end of the day, the best proposal possible from the combination of the two of us. By the way I suggest doing that with other potential vendors also. You will learn so much more about working with people if you begin working with them.’

That is an example of the power of collaboration.

End of Part 2. To be continued…

Trip Allen, Team Egyii, Singapore

Egyii Announces Launch into Consumer/Retail Banking Space with a New ‘Customer Experience’ Perspective

Monday, May 25th, 2009

 

Press Release! Hot off the wires..

man_megaphone

Singapore, May 25th, 2009

Egyii, the Singapore based learning and development consultancy, has announced its launch into the Consumer and Retail Banking space, leading with a new perspective on “customer experience.”

Egyii will continue to focus on its current agenda of Priority and Private Banking but will expand into Consumer and Retail Banking with more thought leadership, web based material and customized, in-house curriculums.

Trip Allen, Egyii’s Director of Sales and Marketing, says “The Consumer and Retail space is a logical choice for us. In fact, the banks have requested that we move into this space. And with customer experience initiatives in banking being a top priority, it makes sense that we link all the different banking programmes together.“

James Irvine, Egyii Director of Programme Development, says “Financial organizations are struggling and it is the customer who is suffering, causing a break of loyalty and trust and a loss of business.”

“Bankers can continue to focus on re-engineering products, systems and policies. Alternatively, they can break the mold and focus on the customer and the customer experience.”

For the “Improving the Customer Experience in Banking” white paper: White Paper

 

Egyii Overview May 2009

Thursday, May 21st, 2009

 

For our updated overview, please see:

Egyii Overview May 2009 

Thank you.

Trip & James, Team Egyii, Singapore

Control Your Mind, Control Your Results

Thursday, April 2nd, 2009

HR-in-Action Nite- 2 April 2009
for the HR Community @ SHRI Singapore Human Resources Institute

James Irvine, Egyii Director made the following talk to a highly diversified group of HR leaders today. Here is the overview.

 

The secret to getting good results at work is by getting control of our thinking, rather than just diving into new behaviours.

Most learning programmes try to help us change our behaviours by giving us new knowledge and skills. However, much of the time nothing actually happens because we have not addressed the things that drive those behaviours i.e. our thinking patterns. It’s like a plane trying to change course while all the time having the auto pilot set on another direction.

Yes, it’s important to learn new behaviours. But since so many of them are habitual, we need to change the beliefs, values and emotions that control those behaviours if we are to experience change that lasts more than a few days. And the funny thing is, when we do control our thinking patterns, the behaviours tend to take care of themselves.

Based on Neuro-Linguistic Programming (NLP), this talk will introduce you to some of the key drivers of our behaviour as well as methods for getting control of these. You will find that you can apply this knowledge in any situation both at work and at home, and you will gain a new sense of control over the results you get.

Please feel free to click on the downloadable Slideshare version of the presentation here.

For more information, please email us at stuff@egyii.com.

Bon vivant!

Trip Allen, Team Egyii, Singapore

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