article | December 20, 2017
The Six Skills of Great Sales VPs
The newly promoted manager repeats behavior that made him successful as a rep. He neglects his skill development and sales initiatives. His team flounders. He tries to do it himself. Before the year is over, he’s back in the field or on the street.
To focus your evaluation, download a copy of our 6 Sales VP Essential Skills Scorecard.
This role confusion doesn’t stop at the manager level. Frequently, the top manager gets the nod for the VP of Sales. The thought is that he has the right skillset. He turned a struggling region into the anchor. However, we frequently see Sales VPs still stuck in the sales manager mindset. This can have catastrophic consequences. An ill-prepared sales manager damages his region. A Sales VP focused on the wrong things can ruin the entire company.
Here’s a sample of three skills (out of six) that the scorecard addresses:
Sales managers live in the sales silo. They cross collaborate with manager peers, their reps, and the VP. But they are limited to these relationships. Cross collaboration with outside departments is scarce. HR may receive feedback on a candidate. Marketing might be called in for a presentation design. However, the majority of internal company time is spent within their department.
The successful Sales VP spends a lot of time outside of sales. She evaluates skills and backgrounds of successful reps. Then she creates ideal candidate profiles with HR to get the needed talent. She works closely with marketing to enable her team with content and leads. Finally, she embraces conversations with the CEO about strategy and goals. Then she aligns her projects to these corporate initiatives.
Day to Day Activities:
The successful sales manager is out in the field 50-75% of the time coaching reps. He is getting in front of prospects and valued customers. He helps the new reps ramp up quickly. He provides individual coaching on a weekly basis. He establishes a presence at the largest opportunities to show the company’s dedication.
The successful VP of Sales spends about 25%-40% of his time out in the field. However, he can’t spend time with every customer. Instead, he’s working on current projects. He builds tools and systems to ensure his managers execute these projects. He’s looking at compensation analysis, territory design, and sales structure. In short, he’s thinking 6-9 months ahead. He expects his management team and reps to execute day-to-day sales activities.
Unless directed, the sales manager takes an ad-hoc approach to skills. She finds gaps in a sales rep’s skill set, and creates an action plan to improve individual behavior. She follows up to ensure skill building activities are completed. She recommends reading the latest books or product training. However, once the activity is completed, there is little continuing reinforcement.
The successful VP of sales takes a systematic approach to skill development. He studies the skills needed to execute in the field. Then, he assesses the entire department based on these skills and competencies. From this, gaps are identified and a training program is constructed. The program has defined skill building activities, and a reinforcement calendar. He expects managers to execute these activities. Skills are reassessed at the end of the program to ensure success. Reps that fail are re-trained.
For new Sales VPs the hardest change is letting go of previous role responsibilities. Great Sales VPs operate differently than managers. They create a strategic direction for their department. They identify roadblocks and opportunities. Then they build plans to eliminate or capture them. They trust their managers to execute. Afterwards, they measure to gage success. Download our 6 Sales VP Essential Skills Scorecard to determine if you are operating like one.
Have expectations gone up and left you wondering if you can make your number? Here is an that will help you understand if you have a chance at success. Take the Revenue Growth Diagnostic test and rate yourself against SBI’s sales and marketing strategy to find out if:
While many businesses are claiming “force majeure,” it is important to consider the impa...
Coulda, shouda, woulda. Often, sales teams whiff at deals that should have never been lost in hindsi...
Market-leading sales organizations are maniacal about designing and executing their processes. A wel...
If you are reading this article and you work in the B2B space, you have most likely been inundated w...
If you’ve spent the last quarter preparing for the remainder of the year by overhauling your G...
As many sales leaders began to adjust to this new world in March, global companies had been acclimat...
With your selling motions in full swing, and with some bookings coming through the door, how can you...
It can be difficult to keep up with current updates and regulations surrounding this new normal. Wit...
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.