article | May 30, 2015
How to Keep an Impatient Sales VP From Cutting Your Enablement Budget
Time: It’s the one commodity sales enablement leaders want most. The more they have, the better they can judge the success of new training, tools, and technology.
Sales VPs, who live and die by quarterly sales quotas, can’t stand the wait. Time is their (perceived) enemy. This leads to impulsive decisions, like launching programs before they’re fully piloted. Or yanking newly adopted programs too soon.
Does this sound like you and your sales VP?
If so, your situation isn’t hopeless. You both share the same goals: removing obstacles to selling and increasing revenue. You just need to convince your boss to give your programs a fighting chance. And ensure both of you walk away with an immediate win.
In this post, we’ll explain how. Bringing your sales VP simple wins should be a top priority.
Understanding Your “Buyer Persona” Is Key.
Your VP of sales wants one of two things:
1) The CEO’s approval for his or her pet project.
2) A message of hope for the sales team about programs already in play.
In the day-to-day, it’s easy to lose perspective on others’ motivations. We all tend to get hung up on individual personalities. And get defensive when they raise concerns.
First things first: Take a step back from the person in front of you. Focus instead on your sales VP’s persona. Then build your case in a logical, dispassionate way for your audience.
3 Ways to Defend Your Timeline:
In getting the sales VP’s initial approval for your program, hopefully you:
Despite everything, your boss now wants to abandon the program. How can you defuse this situation and buy more time?
You could approach this one of three ways.
1) Conduct a Risk/Reward Assessment
Your financial model should include the following:
Frame your assessment in terms of opportunities or pipeline growth. Show how those tangible dollars stack up against the cost of a reactionary move.
This will help:
We created a Project Risk Assessment spreadsheet to help you systematically evaluate your projects and budget. Use this tool to review 4 types of risk and risk mitigation options. You can download and start using the spreadsheet here.
2) Compare the Next-Best Alternative.
The book Getting to Yes: Negotiating Agreement Without Giving In offers a great suggestion. Map your program against the next-best alternative.
After weighing the pros and cons, you might agree your program isn’t worth keeping. Or the sales VP might conclude the next-best alternative isn’t any better.
Either way, you’ve demonstrated the relative value of your program. And the wisdom (or lack thereof) of staying the course.
3) Propose a Mutually Beneficial Trade
Your sales VP would love to leave this negotiation with a kill. Something positive he or she can offer the team. Trading priorities would benefit you both.
Here’s what you could suggest:
The sales VP would consider any of these a win. Maybe not the win he or she came for, but a win nonetheless.
Serve the Relationship, Strengthen Your Hand
Bringing your sales VP simple wins should be a top priority. Always look for something on the horizon you can offer, cut, accelerate, or decelerate.
Providing the proper perspective is critical, too. So is giving the sales VP hope for a better future. In time, you’ll both share a vision: better, faster, easier sales. Long-term revenue gains. And a lot less friction.
Companies that are consistently declining in revenue, losing customers, or experiencing employee chu...
Market-leading sales organizations are maniacal about designing and executing their processes. A wel...
While many businesses are claiming “force majeure,” it is important to consider the impa...
We are facing unprecedented challenges with the COVID-19 outbreak, but we are all in this together. ...
On today’s show, we are joined by Vince Lombardo, President of US Payments and Payroll Solutio...
Private equity firms feel stress at the beginning of each quarter. You need your portfolio...
As a sales leader, you have most certainly heard the words “Customer Success,” especiall...
Any gap in alignment between the Sales and Marketing organization will endanger the commercial succe...
SBI TV episodes bring you Sales and Marketing insights from B2B industry thought leaders and growth experts, on topics like product, pricing, customer experience and success, and go to market. Catch up on new and previous episodes here.