<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	>

<channel>
	<title>OneAccord</title>
	<atom:link href="http://www.oneaccordpartners.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.oneaccordpartners.com</link>
	<description>Catalyst for Revenue Growth</description>
	<pubDate>Tue, 26 Aug 2008 22:24:18 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.5.1</generator>
	<language>en</language>
			<item>
		<title>Paul Travis of OneAccord Promotes Closer Customer Collaboration</title>
		<link>http://www.oneaccordpartners.com/paul-travis-of-oneaccord-promotes-closer-customer-collaboration/</link>
		<comments>http://www.oneaccordpartners.com/paul-travis-of-oneaccord-promotes-closer-customer-collaboration/#comments</comments>
		<pubDate>Wed, 02 Jul 2008 22:04:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Static]]></category>

		<category><![CDATA[newsrelease]]></category>

		<guid isPermaLink="false">http://www.oneaccordpartners.net/?p=641</guid>
		<description><![CDATA[Paul Travis of OneAccord Promotes Closer Customer Collaboration in “Workday of the Future” Article
Says Focus on Both Internal and External Customers Increase Business Success
SEATTLE, Washington (April 14, 2008)  Paul Travis of OneAccord was interviewed for an article entitled, “Some Visions of Workday of the Future.”by columnist Margaret Culp syndicated in publications such as the [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Paul Travis of OneAccord Promotes Closer Customer Collaboration in “Workday of the Future” Article</strong></p>
<p><em>Says Focus on Both Internal and External Customers Increase Business Success</em></p>
<p>SEATTLE, Washington (April 14, 2008)  Paul Travis of OneAccord was interviewed for an article entitled, “Some Visions of Workday of the Future.”by columnist Margaret Culp syndicated in publications such as the Hartford Courant and the Dallas Morning News.</p>
<p>Mr. Travis is a Partner at OneAccord, a leading sales and marketing professional services firm headquartered in Seattle with 15 offices in North America.Travis also co-authored the book “Leadership on Demand: How Smart CEOs Tap Interim Management to Drive Revenue.” During his 25 years in high technology, marketing, and consulting, he was nicknamed “the Columbo of Marketing” for remarkable skill in uncovering what drives customer behavior.</p>
<p>The article quotes Mr. Travis as saying: “[Businesspeople are] realizing that they can only go ‘so far’ with past measures of profitability”.   He goes on to say that customers are rarely lost to competitors, but more often because the businesses they patronize seem not to care.</p>
<p>Even internal customers can feel devalued, Mr. Travis noted. A focus on inter-departmental collaboration, such as between Marketing Departments and Research &#038; Development groups, can help reduce finger-pointing and increase overall output. </p>
<p>OneAccord partner and co-founder Dave Parker said, “At OneAccord, we view organizational success as more than an improvement in the sales division, a great product launch or a new brand or a revamped sales force. A OneAccord engagement leaves the organization with the infrastructure to grow predictably and a culture that can adapt to the changes necessary to reach the next level.”</p>
<p>About OneAccord</p>
<p>OneAccord is a partner-owned, sales and marketing professional services firm that delivers significant operating executive experience to clients. The firm brings customer-driven organizational competencies that can empower clients to multiply revenues and delivers products and services that incorporate best practices in strategic sales, marketing and leadership to drive profitable, sustainable revenue. OneAccord partners’ operational experience spans a wide range of industries, from consumer products and services to business-to-business technology and service providers in large corporations and mid-market businesses, as well as start-ups. Client engagements can encompass time and/or deliverable defined project work, to interim or permanent leadership roles.</p>
<p>Columbo is a trademark and copyright of Universal Studios.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.oneaccordpartners.com/paul-travis-of-oneaccord-promotes-closer-customer-collaboration/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Careers</title>
		<link>http://www.oneaccordpartners.com/careerdrucker/</link>
		<comments>http://www.oneaccordpartners.com/careerdrucker/#comments</comments>
		<pubDate>Tue, 01 Jul 2008 22:28:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Static]]></category>

		<category><![CDATA[careerdrucker]]></category>

		<guid isPermaLink="false">http://www.oneaccordpartners.net/?p=639</guid>
		<description><![CDATA[Peter Drucker said, “In a few hundred years, when the history of our time will be written from a long term perspective, I think it is very probable that the most important event these historians will see is not technology, it is not the Internet, it is not e-commerce. It is an unprecedented change in [...]]]></description>
			<content:encoded><![CDATA[<p style="font-size: 80%"><strong>Peter Drucker</strong> said, “In a few hundred years, when the history of our time will be written from a long term perspective, I think it is very probable that the most important event these historians will see is not technology, it is not the Internet, it is not e-commerce. It is an unprecedented change in the human condition. For the first time - and I mean that literally - for the first time, substantial and rapidly growing numbers of people have choices. For the first time, <strong>they will have to manage themselves. And let me say, we are totally unprepared for it.</strong>” (3)</p>
</blockquote>
<p align="left"><img align="right" id="image69" style="margin-left: 10px" alt="careers_pic5.gif" src="http://www.oneaccordpartners.com/wp-content/uploads/2006/05/careers_pic5.gif" /></p>
<p align="left"><strong>Outside Influences</strong></p>
<p align="left">Globalization continues to shorten cycle-times and deepen the talent pool. Leveraged corporate consolidations, mergers &#038; acquisitions, and continued moves toward outsourcing have put tremendous pressure on corporate cultures – with companies often increasing their talent-churn, and leaving “career security” up to the individual to manage. Along with the accolades of success, most mid-career executives are deeply yearning for more control, balance and significance in their lives.</p>
<p align="left">Today’s experienced professionals have increasingly been called a Free-Agent Nation, with an estimated 1 in 4 workers working outside the bounds of regular, full-time employment. (2) In the last generation, a typical executive would work for two or three companies during their career. Today the average is six to eight companies – and there’s every indication that the number will continue to climb. Companies are striving to create increasingly flexible workforces, permanently changing the model of a lifelong career at a single company.</p>
<blockquote>
<p style="font-size: 80%"><strong>The restructuring of American business means we are coming to the end of the age of the employer and employee. With all this fracturing of businesses into different and smaller units, employers can’t guarantee jobs anymore because they don’t know what their companies will look like next year. Everyone is on their way to becoming an independent contractor. The new workforce contract will be, ‘Show up at the my office five days a week and do what I want you to do, but you handle your own insurance, benefits, health care and everything else.’ (3)</strong></p>
</blockquote>
<p>Executive job tenures are shrinking. Talent is increasingly just one more commodity. So, what career-model aligns with these 21st Century trends?</p>
<p align="center"><img id="image65" alt="careers_pic1.gif" src="http://www.oneaccordpartners.net/wp-content/uploads/2006/05/careers_pic1.gif" /></p>
<blockquote>
<p style="font-size: 80%">“You may have begun your career as an employee. You most certainly will end it as a consultant. In between, you will criss-cross the employment and assignment trajectories several times.” (4)</p>
</blockquote>
<p>In this insecure market, the ability to adapt and be positioned for the next opportunity is the closest thing to job security. &#8220;Security&#8221; exists in knowing you can work on a Project, Interim, or Full-Time basis - as each situation might require. The key is to have as little &#8220;transition down time&#8221; as possible.</p>
<p>Is there a model that can flip all of these trends to your advantage? The OneAccord team member structure is designed to create a powerful career management opportunity within a single organization. OneAccord team members can manage their careers from project assignments, through interim work, to permanent employment, and back again. Mixing and matching to meet their career needs in a way that delivers the flexibility that the global market requires.</p>
<p>At the beginning of the 20th century the average life expectancy was 47. Today’s 50’ish executive has 25-30 additional years to go. What are you going to do? Disappear to the Sunbelt as soon as possible, or redefine your professional success – finding significance, multiplying yourself, and building a lasting legacy? It’s really up to you.</p>
<p><img id="image66" alt="careers_pic2.gif" src="http://www.oneaccordpartners.net/wp-content/uploads/2006/05/careers_pic2.gif" /></p>
<p>To look into joining the OneAccord team, please send a resume to <a href="mailto:careers@oneaccordpartners.com" class="uline">careers@oneaccordpartners.com</a></p>
<p>1. “<u>Managing Oneself</u>”, Peter F. Drucker, <em>HBR</em>, Exec. Summary Mar-Apr 1999<br />
2. According to a survey by Drake Beam Morin.<br />
3. “What In The World Is Going On?”, Herb Meyer, Global Intelligence Briefing For CEO&#8217;s<br />
4. “<u>Good Jobs Are Perishable</u>”, Laurence J. Stybel, Ed.D &#038; Maryanne Peabody<br />
5. “The Short Life of  the Chief Marketing Office.”, Kiley, David and Helm, Burt.  BusinessWeek.  29, November, 2007.<br />
6. <u>Tatum</u>. 2008 <a href="http://www.tatumllc.com/news_room.aspx">www.tatumllc.com/news_room.aspx</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.oneaccordpartners.com/careerdrucker/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Paul Travis Elected President, IMC USA Pacific Northwest Chapter</title>
		<link>http://www.oneaccordpartners.com/paul-travis-imc/</link>
		<comments>http://www.oneaccordpartners.com/paul-travis-imc/#comments</comments>
		<pubDate>Thu, 05 Jun 2008 14:38:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[newsrelease]]></category>

		<guid isPermaLink="false">http://www.oneaccordpartners.net/paul-travis-imc/</guid>
		<description><![CDATA[Paul Travis of OneAccord Elected President,
Institute of Management Consultants USA,
Pacific Northwest Chapter
Will Apply Specialized Marketing Expertise to Membership Development at IMC
&#160;
SEATTLE, Washington (March 23, 2008)  Paul Travis of OneAccord LLC has been elected President of the Pacific Northwest Chapter of the Institute of Management Consultants USA. Mr. Travis is a partner at OneAccord, a [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Paul Travis of OneAccord Elected President,<br />
Institute of Management Consultants USA,<br />
Pacific Northwest Chapter</strong><br />
<em>Will Apply Specialized Marketing Expertise to Membership Development at IMC</em></p>
<p>&nbsp;</p>
<p>SEATTLE, Washington (March 23, 2008)  Paul Travis of OneAccord LLC has been elected President of the Pacific Northwest Chapter of the Institute of Management Consultants USA. Mr. Travis is a partner at OneAccord, a leading sales and marketing professional services firm headquartered in Seattle with 15 offices in North America. </p>
<p>&nbsp;</p>
<p>Mr. Travis co-authored the book “Leadership on Demand: How Smart CEOs Tap Interim Management to Drive Revenue.” Nicknamed “the Columbo of Marketing” for remarkable success in digging up clues to true customer behavior, Mr. Travis has spent 25 years in high technology, marketing, and consulting. His two core specialties are:<br />
•	Determining and developing the right product for a given target market<br />
•	Establishing the right marketing infrastructure to profitably attain and retain customers. </p>
<p>&nbsp;</p>
<p>“One of our core beliefs is that startups often need the same things to become successful as the largest private and public companies do,” said Jeff Rogers, a Managing Partner at OneAccord. “Paul knows how to apply the strategies for success in business to building member benefits and community viability for IMC’s Pacific Northwest Chapter.” </p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>About OneAccord<br />
OneAccord is a partner-owned, sales and marketing professional services firm that delivers significant operating executive experience to clients. The firm brings customer-driven organizational competencies that can empower clients to multiply revenues and delivers products and services that incorporate best practices in strategic sales, marketing and leadership to drive profitable, sustainable revenue. OneAccord partners’ operational experience spans a wide range of industries, from consumer products and services to business-to-business technology and service providers in large corporations and mid-market businesses, as well as start-ups. Client engagements can encompass time and/or deliverable defined project work, to interim or permanent leadership roles.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.oneaccordpartners.com/paul-travis-imc/feed/</wfw:commentRss>
		</item>
		<item>
		<title>When Constant Improvement Isn’t Enough</title>
		<link>http://www.oneaccordpartners.com/when-constant-improvement-isn%e2%80%99t-enough/</link>
		<comments>http://www.oneaccordpartners.com/when-constant-improvement-isn%e2%80%99t-enough/#comments</comments>
		<pubDate>Tue, 03 Jun 2008 16:49:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[blog]]></category>

		<guid isPermaLink="false">http://www.oneaccordpartners.net/when-constant-improvement-isn%e2%80%99t-enough/</guid>
		<description><![CDATA[Many, if not most organizations have processes and mission commitments around routine improvement. Often they are formalized, and labeled with titles like Continuous Improvement Program, Total Quality Improvement (TQM), Zero Defects, Business Process Re-Engineering (BPR) or  perhaps variation of Kaizen, the Japanese philosophy espoused by Dr. W. Edwards Deming, under General MacArthur’s program to [...]]]></description>
			<content:encoded><![CDATA[<p><img align="left" src='http://www.oneaccordpartners.net/wp-content/uploads/2008/06/quote1.jpg' alt='When Constant Improvement' style="align: left; margin-right: 10px;" />Many, if not most organizations have processes and mission commitments around routine improvement. Often they are formalized, and labeled with titles like Continuous Improvement Program, Total Quality Improvement (TQM), Zero Defects, Business Process Re-Engineering (BPR) or  perhaps variation of Kaizen, the Japanese philosophy espoused by Dr. W. Edwards Deming, under General MacArthur’s program to re-build Japan after World War ll.  Kiazen, means &#8220;improvement&#8221;. Kaizen strategy calls for never-ending improvement  involving everyone in the organization – managers and workers alike.  While making small but continuous improvement is surely a laudable goal, much like always increasing revenue while reducing expenses is a philosophy that should be embraced universally, there is another profound aspect to thriving as a business.</p>
<p>&nbsp;</p>
<p>Successful leadership will additionally focus on transformation/innovation. If Henry Ford had been merely trying to achieve incremental improvement, he would have tried to breed a faster horse.</p>
<p>&nbsp;</p>
<p>I’m reminded of a breakfast meeting I attended recently with Carly Fiorona, former CEO of Hewlett-Packard. While she took pride in being a good listener with all stakeholders, she knew her leadership group must be transformational in their thinking and lead the commitment to innovation. H-P has often commented publicly that a significant percentage of their revenue comes from products that simply didn’t exist 18 months earlier. A bit of Moore’s Law in practice!</p>
<p>&nbsp;</p>
<p>She told a fascinating story of the development of the digital camera. It wasn’t demand from customers, who all seemed satisfied with the 100 year domination of the market by Kodak; and it wasn’t exotic research in some secret lab. It was transformational thinking that led to innovation at its best. In an H-P center scientists watched eight year olds learn to surf and master the web. Occasionally they would print a page. Each time they were asked why they printed a particular page they responded in way that made it quite clear the print function was a way of claiming ownership. Until they printed it, it was just information on the web, but once they printed it, it became theirs.</p>
<p>&nbsp;</p>
<p><img align="left" src='http://www.oneaccordpartners.net/wp-content/uploads/2008/06/quote2.jpg' alt='quote2.jpg' style="align: left; margin-right: 10px;" /> Next came brilliant leadership, fostering innovation and potential transformation. They needed to determine what the connection was between the web and the print function that H-P could leverage, creating a new product or service. They felt H-P possessed a clear advantage in digitizing data, and they were the leader in print technology. The concept of having images digitized, and then being able to deliver them anywhere on earth immediately after they were created, allowing the recipient to print, and thereby “own” them was the epiphany that conceptualized digital photography. Within just a few years, H-P had toppled the once mighty Kodak and was in the enviable position of being able to claim market leadership. And now, in just a few years, it is estimated that the vast majority, perhaps as many as 80% of all photos taken are taken with a cell phone, and are immediately ready to forward electronically.<br />
But it’s not enough to invent something. The mere creation of a new product doesn’t really help anybody until it’s taken successfully into the market. You must produce! You must make the product and you must move it into the market effectively and efficiently.</p>
<p>&nbsp;</p>
<p><img align="left" src='http://www.oneaccordpartners.net/wp-content/uploads/2008/06/quote3.jpg' alt='When Constant Improvement Isn’t Enough' style="align: left; margin-right: 10px;" /> While this may seem intuitive while thinking about products and markets, it is rarely practiced effectively when it comes to the sales arena where it is largely absent altogether. It’s a critically important part of a healthy sales process. Companies often tinker with quotas, assigned territories and commission/incentive plans, trying to make things just a bit better than they were the previous period. And yet we read in a recently published study that less than 10% of most company’s salespeople can effectively describe their core business.  The ability to turn average sale people into a high performance team often requires transformation. It’s executive leadership that must recognize when small improvements are not the answer; rather the solution may very well be in recognizing when to pull the trigger on a transformation of the sale force. This is not to suggest a whole new staff. On the contrary, while occasionally some do need to replaced, the ability to think creatively and create a productive environment is what is called for in this case. I once thought of it as much like playing golf. If we ask a golfer who normally shoots in the nineties to shoot a par 72 and offer him a million dollars to do so, he’ll fail, so it’s not about the incentive. If we tell him we’ll fire him if he doesn’t shoot par, he’ll still fail, so it’s not about the threat. If we show him exactly what to do, and then tell him to go do exactly as demonstrated in order to shoot the desired par score, once again he’ll likely fail, so it s not about instruction. So what’s the answer? How do we get a 90’s golfer to shoot a par round? In golf the answer is a scramble. In scramble, all players work together to achieve the best possible score. Each contributes his best shot toward the goal of a lower score, and to be sure, when the round is over, the player who has never scored under 90, will have posted a par or better round. It happens every time. And it does in sales too. When we come together in an environment that allows the entire team to contribute their best effort, where all have a role and contribute to the victory that which they do best, the result will always be much better than the individual is able to accomplish by himself. We will have succeeded in transforming an average salesperson into a high performance, highly productive contributor. </p>
<p>&nbsp;</p>
<p><img align="left" src='http://www.oneaccordpartners.net/wp-content/uploads/2008/06/quote4.jpg' alt='quote4.jpg' style="align: left; margin-right: 10px;" />The issue then is from whom we should expect the innovation and occasional transformation, such that we’re not relegated to the scrapheap of obsolescence. The answer is confident, skilled, visionary leadership. Employees can be empowered to recognize process deficiencies and recommend improvements; it’s a matter of the culture. But it’s the leadership that must find ways to pull themselves out of the trees and look candidly and critically at the forest, listening to all stakeholders, but relying on none exclusively. The role of transformation and the requirement for innovation are among the most important roles in managerial leadership today. Many leaders have come to rely on external interim skilled and experienced help to position them for success as these significant changes are sold to the employees, and embedded in the culture and processes. They realize that a fresh perspective based on years of experience removes the bias that often exists toward the status quo. And the ability to discern precisely when it needs to occur separates the well known successes from the mediocre.  The desire and ability to predict, anticipate and foster a culture that craves innovation, and expects transformational creativity is the leadership we will be reading about in the chronicles of success.  </p>
<p>&nbsp;</p>
<p>An article by: <a href="http://www.oneaccordpartners.net/team/michael-pearce" >Michael Pearce, Partner</a></p>
<p>&nbsp;</p>
<p><a href="http://www.oneaccordpartners.net">www.OneAccordPartners.com</a><br />
       Ofc: 425-830-4156<br />
       Hm: 425-453-9688<br />
       188 - 106th Ave NE #650<br />
       Bellevue WA 98004  USA<br />
       Michael.Pearce@OneAccordPartners.com  		</p>
]]></content:encoded>
			<wfw:commentRss>http://www.oneaccordpartners.com/when-constant-improvement-isn%e2%80%99t-enough/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Newsletter, Spring 2008</title>
		<link>http://www.oneaccordpartners.com/newsletter-spring-2008/</link>
		<comments>http://www.oneaccordpartners.com/newsletter-spring-2008/#comments</comments>
		<pubDate>Mon, 19 May 2008 16:28:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[OneAccordNewsletter]]></category>

		<guid isPermaLink="false">http://www.oneaccordpartners.net/newsletter-spring-2008/</guid>
		<description><![CDATA[
 
Click here to download this issue in PDF format.



In this issue:

Achieving Flexibility and Results in a Time of Uncertainty by Charles Besondy, Partner (Austin Office)
Managing Customer Demand When You Have Nothing to Sell by Peter Klinge Jr., Regional Managing Partner (Salt Lake City Office)
How Does the V.P. of Sales Get Results? by George Twiss: [...]]]></description>
			<content:encoded><![CDATA[<p><a name="top" ></a></p>
<div id="pdf_link" class="clearfix"> <img src="../wp-content/uploads/2008/05/pdf_icon.gif" /><br />
<a target=_blank title="OneAccord Newsletter, Spring 2008" href= "../wp-content/uploads/2008/05/Spring 2008 Newsletter.pdf">Click here</a> to download this issue in PDF format.</div>
<table cellspacing="0" cellpadding="0" border="0" width="100%" style="margin:0; padding: 0;">
<tr valign="top">
<td>
<h3>In this issue:</h3>
<ul>
<li><a href="#1">Achieving Flexibility and Results in a Time of Uncertainty</a><br /> by Charles Besondy, Partner (Austin Office)</li>
<li><a href="#2">Managing Customer Demand When You Have Nothing to Sell</a><br /> by Peter Klinge Jr., Regional Managing Partner (Salt Lake City Office)</li>
<li><a href="#3">How Does the V.P. of Sales Get Results?</a><br /> by George Twiss: Partner (Seattle Office)</li>
</ul>
</td>
</tr>
</table>
<div class="blogpost">
<p>&nbsp;</p>
<h3><a name="1">Achieving Flexibility and Results in a Time of Uncertainty;<br />
Three Cheers for Interim Management!</a></h3>
<p><em>By <a href="../team/charles-besondy">Charles Besondy</a>: Partner (Austin Office)</em></p>
<p><strong>Depending on the political slant of your favorite news source the U.S. is either falling into recession or experiencing a mere speed bump. Everyone can agree the economy has taken it on the chin lately. The undertow caused by defaults of sub prime mortgages is still threatening to pull some financial companies under. The record high price of oil is having an inflationary impact on nearly everything we buy. The value of the dollar is at record low levels compared to the Euro. Swings of 100-200 points a day on the NYSE is common place. Unemployment is still relatively low, however, and inflation is in check (at least for now).</strong></p>
<p>These are unnerving times for executives responsible for driving their business plans forward no matter the head wind. Revenue forecasting, always a challenge, is made more difficult by the economic factors in play (not to mention a Presidential election). When there’s less confidence in the revenue forecast executives are loath to add to their fixed costs, such as payroll. It is common in times like these for companies to become very cautious about filling vacant positions, or adding head count.</p>
<p>Just because the economy is sputtering doesn’t mean that companies are putting key initiatives on the back burner, or hunkering down in a bunker mentality. It simply means they are looking for ways to maintain momentum while mitigating financial risks. Interim managers or on-demand leaders in Marketing and Sales can play invaluable roles for companies during uncertain economic times by achieving the necessary results without adding to fixed payroll costs.</p>
<p><strong>Q2 Employment Outlook Softening</strong></p>
<p>ManPower, Inc, the $21 billion employment services company, just released its <u>Manpower Employment Outlook Survey</u> for Q2 2008. It clearly reflects a softer jobs market for the quarter ending June 2008.</p>
<p>ManPower’s CEO and Chairman, Jeffrey A. Joerres summarizes the report’s findings, “The important change we are seeing is not about reductions in workforces, like we would typically expect in a recessionary period, but rather an increase in the percentages of employers who are planning to put a hold on hiring and forge ahead with the people they already have.  This is definitely a &#8216;wait and see&#8217; approach as they evaluate where their economies are headed, rather than a panic attack at this point.”</p>
<p>In the survey “a quarter?over?quarter comparison shows the weakest employment prospects since Quarter 1 2004. According to seasonally adjusted survey results of the 10 industry sectors surveyed, only transportation/Public Utilities employers anticipate improved conditions for job seekers in the coming quarter versus Quarter 1 2008.” As you’d expect the figures vary by region and by industry sector. The report can be downloaded from ManPower’s Website.</p>
<p><strong>Damn the Torpedoes and Full Speed Ahead</strong></p>
<p>Any experienced business leader will tell you the keys to achieving results during periods of uncertainty are to mitigate the financial risks but keep charging forward. The use of interim managers is a smart way to achieve much?needed flexibility and results during unnerving times. Here’s why.</p>
<ol>
<li>You can quickly apply the right talent to achieve the necessary results. Hiring an interim is much faster and easier than is recruiting someone for a senior-level permanent position. Less valuable time is lost.</li>
<li>You can focus entirely on the skills you need for the short term without complicating the picture with concerns about future requirements. You don’t have to find the marketing or sales leader who is perfect for this quarter as well as next year and beyond. You can focus like a laser on meeting the short term requirements.</li>
<li>Interim managers are the utilities of management talent. You only pay for what you use. This is an enormous benefit during uneven economic conditions because you can adjust the volume of service you need very easily and quickly. To use interim talent you’re making short-term financial commitments with variable dollars, rather than long term, fixed cost commitments.</li>
<li>Interim manages can deliver results for less. When the total cost of recruiting and employing a permanent executive or senior manager is compared to an interim’s fees the cost advantage can be significant.</li>
<li>Interim managers often provide a more practical and cost-effective solution than management consultants. Usually you can bring in the same level of talent, one with both strategic and operational credentials, who can be a member of your team for less than management consultants with bureaucracies and fancy offices to support.</li>
</ol>
<p>Don’t let the next months of economic uncertainty prevent you from keeping your customers satisfied and your competitors on their heels. Maintain fiscal flexibility and generate results through the use of interim management for filling gaps and driving forward key initiatives.</p>
<p>For a more in-depth look at how to successfully utilize interim management strategies check out these sources:</p>
<ul>
<li><a href="http://www.leadership-on-demand.com" class="uline">Leadership On Demand: How Smart CEO’s Tap Interim Management to Drive Revenue</a>, available from Amazon.com or direct at <a href="http://www.leadership-on-demand.com" class="uline">www.leadership-on-demand.com</a></li>
<li><a href="http://cbesondy.wordpress.com/" class="uline">One Riot – One Ranger</a>, a blog presenting useful insight and discussion on the topic of interim management</li>
<li>Besondy’s profile: <a href="../team/chuck-besondy/" class="uline">Charles Besondy</a></li>
</ul>
</div>
<p><a href="#top">Back to the top</a></p>
<div class="blogpost">
<p>&nbsp;</p>
<h3><a name="2">Managing Customer Demand When You Have Nothing to Sell</a></h3>
<p><em>By <a href="/team/peter-klinge">Peter Klinge Jr.,</a> Regional Managing Partner (Salt Lake City Office)</em></p>
<p>Demand for your goods is at an all time high. Business is so good that you cannot provide the customer with what they need fast enough. You’re anxious as the company’s executive about how long this business cycle will last and if cap ex investment will justify itself 2 or more years forward.</p>
<p>This scenario of seemingly unlimited opportunity to grow revenue becomes a nightmare for some companies.</p>
<p>One client called their posture…order prevention… avoid answering the phone…</p>
<p>While this approach does not endear a company with customers, it’s all too common. Commonsense suggests there’s an opportunity to provide value in satisfying customer in such circumstances, and with even higher margins… but how? Some suggestions for the senior sales and marketing executive:</p>
<ul>
<li>Know your most important customer very well > define the ideal client profile; tier their value to your company in segments and treated accordingly;</li>
<li>Understand your personal as well as your company’s commitment to a value proposition > customers need you, and the relationship is much more than transactional; what is the customer priority and pain and define your value in that context;</li>
<li>Develop knowledge about supply chain and when products can be reasonably made and delivered to customers> demonstrate to customers your leadership on understanding and managing the process issues;</li>
<li>Manage customer expectations…Be on time and when you can’t do that be early…Your promise is an example of your reputation. The promises you keep enhance credibility and the relationship with the customer.</li>
</ul>
<p>This might be pretty obvious to most experienced executives, but often in the throws of the battle these points are overlooked.</p>
<p>A good client example is one that services the mining exploration industry. Since 2004 the industry has been exploding as demand for base metals increased dramatically. Much of the demand increases point to the developing economies and infrastructure build outs of China, India, Russia, and Brazil (BRIC).</p>
<p>The client company is a leading exploration driller. They also are a leader in certain products needed by drillers to secure ore samples at the mines. Added to this is a limited supply of global companies for customers to pick for service. The result is a classic supply-demand bottleneck with providers in an enviable seller position.</p>
<p>Strategies to address demand issues:</p>
<ul>
<li>Consolidate business around the largest worldwide customers by offering preferred contract rates for extended terms;</li>
<li>Focus precisely on key account needs and issues to meet delivery expectations;</li>
<li>Process these needs into ideal client profiles that might look like the following:</li>
<ul>
<li>Extended multi-year contracts;</li>
<li>Client understands Company’s value proposition and the need of dialogue in partnership if the service provider is going to properly address their economic and business issues;</li>
<li>Emphasis on delivery solutions to problem versus price point;</li>
<li>Win-Win account management approach to establishing benchmarks, goals, fair pricing and incentives to achieve mutual satisfaction and benefit;</li>
<li>Greater mutual business visibility to understand requirements for profitability, equipment and people, supply chain, and cap ex support for manufacturing expansion for product.</li>
</ul>
<p>The initial priority of this process centers upon serving major mining houses exploration needs. The Company’s product segment is undergoing a similar process as a means of more effectively aggregating smaller customer segments into varied client profiles based on purchase recency, frequency, and dollar value.</p>
<p>This method of analysis will inform the strategy to determine further key account development for larger customers versus a more self serve retail model for smaller ones.</p>
<p>Most significant in orienting a business in a demand management scenario is a willingness to train a company’s efforts on listening to the customer, and then outlining what can be reasonably accomplished to meet the challenges.</p>
<p>For a more in-depth analysis from Peter J. Klinge on other issues, please visit his OneAccord</p>
<p>Profile: <a href="../team/peter-klinge">Peter Klinge</a></p>
<ul>
<li><em>Four Steps to Better Behavior Marketing</em></li>
<li><em>Landfill Power Generation: Making Public Policy Work with Enterprise</em></li>
</ul>
</div>
<p><a href="#top">Back to the top</a></p>
<div class="blogpost">
<p>&nbsp;</p>
<h3><a name="3">How Does the VP of Sales Get Results?</a></h3>
<p><em>What Activity Management should the CEO Expect?</em></p>
<p><em>By <a href="../team/george-twiss">George Twiss</a>: Partner (Seattle Office)</em></p>
<p>How does a good sales executive manage sales results? He/she doesn’t.</p>
<p>Assume your organization provides a product or service for which there is a market, a need or want which you can expect to satisfy in a reasonable time frame at a price that delivers mutual value. Then here is a simple formula to drive sales results:</p>
<p align="center"> <strong>People + Process = Performance</strong></p>
<p>The formula means this: Sales leaders need to hire the right People, train and motivate them; take care of their needs. [Remember, a leader’s role is to help people be successful; remove roadblocks]. Then, ensure the Sales <strong>P</strong>rocess, the selling steps and cycle that fits best in your industry with your customers/prospects, is in place and being followed.</p>
<p>If you focus on <strong>P</strong>eople and <strong>P</strong>rocess, then <strong>P</strong>erformance, in terms of Sales results will follow. CEO’s, in helping your VP Sales be successful in delivering the <strong>P</strong>erformance you both want and need, ask about the <strong>P</strong>eople and the <strong>P</strong>rocess.</p>
<p>Looking closely at this simple formula, we start with People. As a Sales leader, what must you do to leverage success? Here are some of the elements you need to consider:</p>
<ul>
<li><u>Selection</u> – Sourcing, recruiting, and hiring are the keys to long-term success.</li>
<li><u>Training</u> – The key to short term success.</li>
<li><u>Compensation</u> - It is absolutely a Sales motivator. Be sure it is fair, carries doable targets, can be leveraged by overachievement – and is focused on the behaviors you want.</li>
<li><u>Recognition</u> – Another motivator, everything from ad hoc “good job” to a regular monthly/quarterly program possibly leading to an annual Presidents Club trip [these do not have to start elaborate or expensive; I have done a simple overnight at a nearby resort].</li>
<li><u>Communication</u> – be sure to let the Sales force know what you are working to accomplish and how.</li>
<li><u>Opportunity</u> – there is a need to know how someone can contribute and grow.</li>
</ul>
<p>Taken together these elements help create a healthy environment that enables members of your Sales force to feel good about themselves and perform well.</p>
<p>There is more people focus needed, however. Besides the direct sales force, you must look to other key relationships, for example: Internal - CFO, Service, Production; External – key customers, partners, industry contacts.</p>
<p>When I speak of managing relationships, I differentiate between managing and manipulating. The difference, I believe, is in the intent. By managing relations, we are genuinely interested in improving the end product, in accomplishing more for all by working together. Manipulating on the other hand, implies favorable results for one party only, without regard for others or the end result.</p>
<p>After people we turn to process. Here I mean the process used to manage the business activities. Any specific process will vary from industry to industry. What is most important is that you have a process and follow it. Any good process will be built around these three principles – Sales cycle, Customer focus, A’s before B’s [need to change Attitudes before you can change Behaviors]. The elements of your process might include:</p>
<ul>
<li><u>Prospect Identification</u> – Referral [always the best and highest]; Web search [look for someone you know: management, board, Linkedin connection]; E-mail/phone contact – mix them [especially to “warm” leads]; Industry Association activities [including trade shows]; Cold calls or cold e-mails [tough but not impossible].</li>
<li><u>Prospect Development</u> – Who is a prospect and why? Who is not and why not? What is needed to move forward?</li>
<li><u>Closing Tools</u> – Proposals, Demonstrations, Trials – what ever fits your industry.</li>
<li><u>Tracking</u> – Next step: what, who, when? Can be as simple as a MS Excel [or Word Table doc - which I prefer], more complex [ACT, Goldmine, etc], or fully featured CRM based on your needs. But it must be inspected if you expect it to be current</li>
<li><u>Sales Forecasts</u> – where “the rubber meets the road.” – what is real and can be expected to close, and when! Covered in regularly scheduled sessions – and published.</li>
<li><u>Senior Management Involvement</u> – Remember, Sales is everyone’s job! How can you assist? Visit or call key prospects? Just make some calls with the Sales force [or take a few prospects and work them yourself]</li>
<li><u>Customer Complaints</u> – Don’t neglect to consider these as Opportunities: fix it fast and retain now or regain in the future. [Senior Management – this may be your best area of contribution].</li>
</ul>
<p><strong>People + Process = Performance</strong> – does this formula work? Let me tell you a story about myself when I managed Xerox’ office in Worcester, the second largest city in Massachusetts. That time Worcester County was the leading manufacturing area in the state. So that is where we set up a pilot sales assignment, Manufacturing Specialist - a first in the Northeast. The value proposition was to use Xerox technology to enable manufacturing firms to make their products more efficiently. Here is how we set up the assignment:</p>
<p><u>People</u> – I chose my best up and coming, hard?charging young star. We provided specialized training and local market pr.</p>
<p><u>Process</u> – We identified the top firms and developed a game plan centered on unique applications to enhance productivity. My Specialist developed a presentation and set out to conquer the manufacturing market. I made contacts and calls with him, often.</p>
<p><u>Performance</u> – Nothing happened! No results. For six months – marginal performance. The Specialist made good calls and presentations. He made good contacts but no sales. My young star was becoming frustrated and disappointed.</p>
<p>Evaluating the situation at the time, I knew that the market was there; the proper Sales Rep was in place as Manufacturing Specialist – trained and motivated. We were calling on the right people, making the right recommendations.</p>
<p>So what was wrong? My first decision was that the People and Process were right. So, if is not broken; don’t fix it. Nothing was wrong. It just was going to take some time for customers to get used to new ideas [A’s before B’s - we had to change Attitudes before we could change Behaviors].</p>
<p>By the end of the first year we had moderate success. The Manufacturing Specialist did make quota. By the end of the second year he was the # 1 Sales Person in Massachusetts, while carrying the largest quota in the entire Northeast.</p>
<p>The moral of the story - I could not manage the performance in this case and would have<br />
failed if I had tried. What I could do was manage the People [the Specialist and slow –to- change customers] and the Process [the Manufacturing assignment and prospect development]. If these were right, Performance would have to follow – and it did! If you want to improve Sales, CEO’s and VP’s, look to these two elements that drive results.</p>
<p><em>For an in depth experience analysis of George Twiss and his work, please visit his OneAccord profile page: <a href="../team/george-twiss">George Twiss</a></em></p>
</div>
<p><a href="#top">Back to the top</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.oneaccordpartners.com/newsletter-spring-2008/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Selling Something Out of Nothing</title>
		<link>http://www.oneaccordpartners.com/selling-something-out-of-nothing/</link>
		<comments>http://www.oneaccordpartners.com/selling-something-out-of-nothing/#comments</comments>
		<pubDate>Fri, 16 May 2008 01:21:43 +0000</pubDate>
		<dc:creator>Peter Klinge Jr.</dc:creator>
		
		<category><![CDATA[blog]]></category>

		<category><![CDATA[revtoolkit]]></category>

		<guid isPermaLink="false">http://www.oneaccordpartners.net/selling-something-out-of-nothing/</guid>
		<description><![CDATA[You wake up and one day…
Demand for your goods is at an all time high. Business is so good that you cannot provide the customer with what they need fast enough. You’re anxious as the company’s executive about how long this business cycle will last and if cap ex investment will justify itself 2 or [...]]]></description>
			<content:encoded><![CDATA[<p>You wake up and one day…</p>
<p>Demand for your goods is at an all time high. Business is so good that you cannot provide the customer with what they need fast enough. You’re anxious as the company’s executive about how long this business cycle will last and if cap ex investment will justify itself 2 or more years forward.<span id="more-615"></span></p>
<p>This scenario of seemingly unlimited opportunity to grow revenue becomes a nightmare for some companies.</p>
<p>One client called their posture…order prevention… avoid answering the phone…</p>
<p>While this approach does not endear a company with customers, it’s all too common. Commonsense suggests there’s an opportunity to provide value in satisfying customer in such circumstances, and with even higher margins… but how? </p>
<p><strong>Some suggestions for the senior sales and marketing executive:</strong></p>
<ul>
<li>Develop knowledge about supply chain and when products can be reasonably made and delivered to customers> demonstrate to customers your leadership on understanding and managing the process issues;</li>
<li>Know your most important customer very well > define the ideal client profile; tier their value to your company in segments and treated accordingly; </li>
</ul>
<p><strong>Strategies to address demand issues:</strong></p>
<ul>
<li>Consolidate business around the largest worldwide customers by offering preferred contract rates for extended terms; </li>
<li>Focus precisely on key account needs and issues to meet delivery expectations;</li>
<li>Process these needs into ideal client profiles that might look like the following:</li>
<ul>
<li>Extended multi-year contracts; </li>
<li>Client understands Company’s value proposition and the need of dialogue in partnership if the service provider is going to properly address their economic and business issues;</li>
<li>Emphasis on delivery solutions to problem versus price point;</li>
<li>Win- Win account management approach to establishing benchmarks, goals, fair pricing and incentives to achieve mutual satisfaction and benefit;</li>
<li>Greater mutual business visibility to understand requirements for profitability, equipment and people, supply chain, and cap ex support for manufacturing expansion for product.</li>
</ul>
</ul>
<p>The most significant in orienting a business in a demand management scenario is a willingness to train a company’s efforts on listening to the customer, and then outlining what can be reasonably accomplished to meet the challenges.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.oneaccordpartners.com/selling-something-out-of-nothing/feed/</wfw:commentRss>
		</item>
		<item>
		<title>The Most Dangerous Job in America - The Mid-Market VP</title>
		<link>http://www.oneaccordpartners.com/most-dangerous-job/</link>
		<comments>http://www.oneaccordpartners.com/most-dangerous-job/#comments</comments>
		<pubDate>Fri, 16 May 2008 01:14:02 +0000</pubDate>
		<dc:creator>Darin Leonard</dc:creator>
		
		<category><![CDATA[Static]]></category>

		<category><![CDATA[blog]]></category>

		<category><![CDATA[capital]]></category>

		<category><![CDATA[change management]]></category>

		<category><![CDATA[executive leadership]]></category>

		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://www.oneaccordpartners.net/the-most-dangerous-job-in-america-the-mid-market-vp/</guid>
		<description><![CDATA[
View in pdf format  

Danger comes in multiple forms but in this case, danger is defined as job security, or the lack thereof. What we know is that the average tenure of mid-market executive is just over 24 months according to BusinessWeek and we also know that very few people are asking why?
There are [...]]]></description>
			<content:encoded><![CDATA[<div style="text-align: right">
<a id=p589 href="http://www.oneaccordpartners.net/wp-content/uploads/2008/05/THE MOST DANGEROUS JOB IN AMERICA.pdf">View in pdf format <img id="image599" height=31 alt=pdf_icon.gif src="http://www.oneaccordpartners.net/wp-content/uploads/2008/05/pdf_icon.gif" /> </a>
</div>
<p>Danger comes in multiple forms but in this case, danger is defined as job security, or the lack thereof. What we know is that the average tenure of mid-market executive is just over 24 months according to BusinessWeek and we also know that very few people are asking why?</p>
<p>There are numerous factors behind the statistics. Loyalty in the workplace is gone. We watched as young adults our parents grow up in a world of pension, tenure, and retirement only to have the model flip on them to 401k, contract, and consultant. As we watched the transition of American business happen above us, we sadly, yet sub-consciously were taught that we needed to be free agents, to take care of ourselves because the company surely wasn’t going to take care of us. This created an environment where the experience of five companies in fifteen years is viewed as superior to the loyalty and proven ability to deliver over twenty years in the same organization. People with multiple jobs have seen more cultures, more problems, and more exposure to good and bad leadership. They just know more!</p>
<p>We now live in a professional world where the ability to deliver on the job for an extended period of time simply has little value. Who reading this right now really thinks about the impact your decisions today will have on the company five or ten years down the line? Today’s business climate almost requires us to live for the day. Your shareholders rarely say; “no its okay, don’t worry about the quarter, just make sure you deliver moving forward.” What about the Private Equity Group saying to the Founder/CEO, “We want you to make the right decisions for the long term viability of the brand even if that means a reduction in top line for a while.”</p>
<p>When the metrics in which we hold leadership accountable are short term in nature, the behaviors are soon to follow. So why does an average tenure for a VP of Sales of just over 2 years surprise anyone? One of two things is going to happen: either he/she is successful in making a big splash and leverages it into a superior position inside or outside the company, or, more commonly, they simply can’t deliver in an acceptable timeframe and that timeframe is ever shrinking. Just recently, I knew of an individual that took over as the Interim VP of Sales for Private Equity held company. They were released from the role in two months because the revenue wasn’t coming in as the firm expected.</p>
<p>Here is where we get to the real rub in the mid-market, which by the way, is where the churn of leadership is most prevalent. We simply ask too much from one person. In my days with Maytag, the VP had multiple Directors, who in turn had a platoon of Managers, who ultimately led the sales organization. To use a military analogy, the Generals created the strategy; the Colonels took those strategies and then broke them down into actionable plans for the Sergeants who barked tactical commands for the Corporals and Privates. In the mid-market company today, there are no Colonels or Sergeants. The Generals are talking directly to the Privates and that language of “Strategy and Vision” has no translation for the tactical, bag carrying sales rep to understand. The end result is a big gap.</p>
<div style="text-align: center"><img id="image597" alt=dangerous.gif src="http://www.oneaccordpartners.net/wp-content/uploads/2008/05/dangerous.gif" /></div>
<p>In our business, we are consistently asked to join organizations that have churned through several executives. The cycle is eerily similar in most companies. They have hired good pedigree, strong resumes and rock star bios. The hire traditionally is a strategic mind and can cast a vision for what they wish to accomplish when you bestow upon them the mantle of leadership in your company. Then sometime after 6 months but almost always before 18, it starts to happen. The grand promise and hope attached to this individual starts to erode. The vision isn’t converting to revenue or share growth. The team is starting to show frustration or you are losing key talent and the reason is right before you, yet, you cannot see it.</p>
<p>Organizations need executive leadership to cast the vision and they need leadership to lead the troops with empathy, compassion and consistency. Or in my terms, you need the visionary, entrepreneurial leader that is also excellent on analytics, metrics and empathetic people management. Now try to count on one hand the leaders that you know that fit the description in the last sentence. If you happen to know one that can deliver both for an extended period of time, they are currently running companies or are senior executives in major corporations. Likely, they probably aren’t working for you.</p>
<p>The solution is simple, so simple it may surprise you. That surprise may turn into anger if you are currently paying a sitting VP while still paying for the severance package from the old one. Hire the visionary to build your strategy, create your structure and define the tactics or plan to achieve success. If you can’t find one that will take a W2 post with a known exit, look to do it on contract. Embrace the reality that this person is probably only with you for a season and begin the search for the empathetic, strong leader of people that can carry the ball handed off by the visionary. You will then have the strategy to achieve exponential growth followed by the leader that will actually get it done.</p>
<p>Crazy and controversial? You bet! Is it logical and real? From my perspective, it is the future…</p>
<p><em>Darin Leonard is a Regional Managing Partner at OneAccord, a professional firm that provides interim and permanent executives to mid-market companies to drive exponential revenue growth. OneAccord is Bellevue, Washington based with over 40 Partners in 12 offices across the country <a href="http://www.oneaccordpartners.net"> {www.oneaccordpartners.com}</a>. Also, Darin is currently serving as the CEO of Dream Dinners; the Snohomish, Washington based company that pioneered the Meal Assembly industry. Dream Dinners has over 200 franchise locations around the United States <a href="http://www.dreamdinners.com"> {www.dreamdinners.com}</a>.  Darin can be reached at <a href="mailto:darin.leonard@oneaccordpartners.com" class="uline">darin.leonard@oneaccordpartners.com</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.oneaccordpartners.com/most-dangerous-job/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Newsletter, Summer 2007</title>
		<link>http://www.oneaccordpartners.com/oneaccord-newsletter-summer-2007/</link>
		<comments>http://www.oneaccordpartners.com/oneaccord-newsletter-summer-2007/#comments</comments>
		<pubDate>Thu, 15 May 2008 23:54:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[OneAccordNewsletter]]></category>

		<guid isPermaLink="false">http://www.oneaccordpartners.net/oneaccord-newsletter-summer-2007/</guid>
		<description><![CDATA[



In this issue:

Accelerating Your Sales Performance with a High Performing Sales Compensation Plan by Deb Kennedy: Partner (Denver Office)
Critical Elements of Organizational Success-Part 3 by Darin Leonard: Regional Managing Partner (Seattle Office)
Client Success Story: Print Distributor Revenue Growth by Greg Wilk: Regional Managing Partner (Dallas Office)



Click here to download this issue in PDF format.



Accelerating Your [...]]]></description>
			<content:encoded><![CDATA[<p><a name="top" ></a></p>
<table cellspacing="0" cellpadding="0" border="0" width="100%" style="margin:0; padding: 0;">
<tr valign="top">
<td>
<h3>In this issue:</h3>
<ul>
<li><a href="#1">Accelerating Your Sales Performance with a High Performing Sales Compensation Plan</a> by Deb Kennedy: Partner (Denver Office)</li>
<li><a href="#2">Critical Elements of Organizational Success-Part 3</a> by Darin Leonard: Regional Managing Partner (Seattle Office)</li>
<li><a href="#3">Client Success Story: Print Distributor Revenue Growth</a> by Greg Wilk: Regional Managing Partner (Dallas Office)</li>
</ul>
</td>
<td width="150" align="center"><img src="../wp-content/uploads/2007/08/reader_icon.png" /><br />
<a target=_blank title="OneAccord Newsletter, July 2007" href="../wp-content/uploads/2007/08/OneAccord%20Newsletter%20July%202007.pdf">Click here</a> to download this issue in PDF format.</td>
</tr>
</table>
<div class="blogpost">
<h3><a name="1">Accelerating Your Sales Performance with a High Performing Sales Compensation Plan</a></h3>
<p><em>By <a href="../team/deb-kennedy">Deb Kennedy</a>: Partner (Denver Office)</em></p>
<p>Is your sales team delivering the results that you want?</p>
<p>Are they performing at the level that you think they are capable of?</p>
<p>If you answered no to either of these questions then you may want to evaluate the effectiveness of your sales compensation plan. In today’s dynamic environments, it is critical for every company with a sales organization to regularly review the performance of their sales compensation program.</p>
<p>An effective sales compensation program will support the goals and objectives of your company by incorporating its business strategy, customer buying patterns and competitive environment. With focus and discipline, the right compensation plan will deliver your desired results … whether those are profits, revenue, product mix or some combination of both.</p>
<p>Every sales compensation plan, if designed appropriately, will be as unique as your individual company is.  Just as no two companies are alike, no two compensation plans will be alike.</p>
<p><strong>The Top 10 things to Consider when designing a High Performing Sales Compensation Plan…</strong></p>
<ol>
<li><strong>Start with the end in mind</strong> … Designing an effective compensation plan must be consistent with your company’s corporate strategy. Align your Sales compensation plan to your company’s goals and objectives top of mind (revenue, profit, product mix, growth segments, sales channels, competition, etc).  As your company’s goals change, so will your sales compensation plan. If you revisit your company’s sales strategy every 2-3 years, you should also revisit your sales compensation plan in order to stay competitive</li>
<li><strong>Determine your sales goals</strong> … sometimes these are quota based but not always.  Often the plan is a mix of quotas, sales outcomes and key objectives.  When designing your sales goals, you need to refer to some basic statistical models.  In general, you should design your goals to assume that 60-65% will achieve or exceed the goal and 35-40% will miss it. The most effective way to set realistic sales goals is to deploy a three-step model and triangulate the results…bottom up from the sales organization, top down from corporate planning (finance’s revenue and profit goals), and last a third party forecast based on industry trends (normally led by marketing or sales operations using industry analysts’ forecasts and competitive intelligence).</li>
<li><strong>Communication</strong> … must be clear, consistent and frequent.  This is a team effort. Every time you review the performance of your compensation program and make changes, you need to include key members from your sales organization.  This is a team effort and requires input from everyone affected.  You should also consider having key representation from each related department (marketing, finance, HR, executive).</li>
<li><strong>Focus and direction</strong> … How do you get your sales team to sell what you want them to sell? If you are like most companies, you offer a mix of sales promotions, bonuses or “spiffs” that change based on your monthly/quarterly business goals.  While these are effective tactical solutions, effective sales compensation plans cannot be rushed nor designed on the fly.  Create a team to design a high performing plan that is aligned with your company’s goals and objectives.  The goals should be based on sales outcomes that your sales professionals can control. Timing should coincide with your corporate planning process and the team should include representation from finance, HR, marketing, sales and executive leadership. Ultimately, this is a sales management program and the sales department should lead the design effort and own the ongoing performance management.</li>
<li><strong>Data integrity &amp; administration</strong> … you can design the best compensation plan in the world.  However, if you can’t administer it, it will never be effective. Along these lines, make sure that whatever criteria are established as the performance metrics, you have the means to track and measure these components.  If you are like most companies, you have multiple systems that house customer data.  It is critical to agree on the master customer data source that will be used to measure performance.  In addition, you will want to ensure timely payout.  The shorter the sale cycle the more frequent you should pay on the variable component of the plan.</li>
<li><strong>What is the right mix</strong> – base versus commission?  <strong>How much is enough</strong> – should you cap your sales compensation plan?  To answer these questions, you need to understand your sales model and the length of your sales cycle.  For example, in a relationship based sales model with high customer portability, your pay should be uncapped and unlimited. The variable “at risk” component of the salary is in proportion to the level of risk and persuasion required in the sales process.  The higher the persuasion (hunters), the lower the base and the higher the variable component. You also need to consider the upside earnings potential, an accelerated pay structure is appropriate for those that reach the 90th percentile (standard deviation curve) of their defined sales goals.</li>
<li><strong>Motivation</strong> … the right sales compensation will motivate your sales team to achieve high performance and deliver great results for your company.  In contrast, an ineffective plan, will simply cost you a lot of money and your company will not make its defined goals. If designed properly, this is an ideal way to build loyalty and also acts as a strong retention tool for key sales professionals.</li>
<li><strong>Fair &amp; Equitable.</strong>  Having a sales organization is an investment in your business.  Are your compensation packages competitive? Are you paying a premium compared to your competition? Does each sales territory have equal opportunity to succeed or do you favor your star performers?  These are questions to consider to ensure you have a fair plan that is also financially responsible.</li>
<li><strong>Keep it simple</strong> … use the rule of three … people can remember three things.  This is why phone numbers and social security numbers are grouped in units of three.  Take the time to prioritize the most important factors.  Successful sales plans will also have Key Success Factors (like MBOs) that a percent of their variable incentive is tied to.</li>
<li><strong>One size does not fit all</strong> … make sure you understand the specific positions required.  Define their roles and responsibilities.  Where do they fit into the sales process (pre-sale, point of sale &amp; post-sale)?  You need to understand the target compensation for each position and have a unique compensation plan for each unique position.</li>
</ol>
<p>In summary, there is no magic solution since every company and every plan is unique …Whatever plan you design, it is important to remember that a sales compensation plan alone cannot deliver your intended results without on-going performance management and related employee coaching and development. Sales Compensation is one of the four cornerstones of a High Performing Sales Organization (the other three are Sales Strategy, Performance Management, Sales Tools and Support.)</p>
<p>For a more comprehensive overview and a complimentary diagnosis of your current sales compensation plan, please see our website at <a href="http://www.oneaccordpartners.net/">www.oneaccordpartners.com</a> or contact <a href="mailto:deb.kennedy@oneaccordpartners.com">deb.kennedy@oneaccordpartners.com</a>.</p>
</div>
<p><a href="#top">Back to the top</a></p>
<div class="blogpost">
<h3><a name="2">Critical Elements of Organizational Success-Part 3</a></h3>
<p><em>By <a href="../team/darin-leonard">Darin Leonard</a>: Regional Managing Partner (Seattle Office)</em></p>
<p>In the first two parts of this series I have outlined the need to immerse your organization in your vision and strategies so they will not be pushed aside in turbulent times. I extended that into outlining the power of what made you great, especially when combined with high integrity modeled by leadership.</p>
<p>I will close this series with two remaining elements that are far too rare. Your inalienable responsibility as a leader to serve your employees. To create an environment where failure is rare because the people around you simply won’t let it happen.</p>
<p><strong>People as the Project</strong></p>
<p>I had mentioned in the “One Corporate Commandment” that employees in organizations are very much like children. They both need boundaries, appropriate discipline and overwhelming affirmation. An unbalanced working environment creates either aggressive or passive cultures. The average American company is far too aggressive in nature because we tend to focus on commands or expectations to get things done without doling out an equal amount of appreciation and praise.</p>
<p>There is one principal that I live by in managing people. “Would I treat my children this way?” For example; do I want my salespeople deeply competitive with each other and vying for the next big win? Sounds great, right? Well, that is how almost all corporate sales teams are structured and on the surface, it seems logical. I ask you if that is how you would pit your kids against each other? What would be the net result if you did? In reality you would probably end up with one dominant, athletic, high achiever and one passive, artistic and sensitive child. What you want is your child (employee) to be confident, successful and driven to whatever they are gifted in, not default to being passive because they can’t compete.</p>
<p>If you set your sales team up to compete with each other, you will end up with the Jack Welch 20/70/10 model. Did you ever wonder why only 20% of GE’s employees where high achievers? It is because the competition was internal, not external. Competing against your competitors in the market place is where the focus needs to lie, not inside your four walls. That is unless you have an affinity for gossip and passive employees that will only do what they think you want, not what is right: Highly critical employees that blame you, the company and the competition for their struggles. If that didn’t convince you then look to the research has proven that a people-focused, balanced environment outperforms organizations that have an internal competitive focus more than 4 to 1 in revenue growth and over 700% in profits?* Simply put, if you have a servant’s heart for your people, they will have a heart to make you and your organization successful.</p>
<p><strong>An Emotionally Intelligent Organization</strong></p>
<p>As I close this series, I save the best for last. I am a cheerleader for EQ! If you don’t know what that means, hit your local bookstore right now and buy Emotional Intelligence by Daniel Goleman. To date, the only book with a business slant written by a Psychologist that I have ever read twice. In Goleman’s research he simply wanted to know why a low IQ person could dramatically outperform a high IQ in the same job. EQ, as Goleman tabs it has many elements but I always find two traits of high EQ present when consulting highly successful companies. The first one is “Awareness.” Both situational and self awareness are almost always present in highly successful environments. The reason why highly aware people are behind greatness is they clearly know where they are gifted and where they are not. In addition, they make appropriate and logical decisions quickly. Generally this is due to the fact that they have isolated their mind to areas of expertise and they don’t try to impress others by having to know everything about everything.</p>
<p>The second trait is “Empathy.” You are starting to notice the themes throughout this series. Serve others and they will serve you. Our organization clearly embraces this reality. Collaboration and service are at the core of our success because in Western culture, we operate in a conviction environment. That means we feel beholden to others when they serve us first. Now I don’t recommend a strategy around building conviction, but I do highly recommend a strategy of “Empathy.” We live in a free agent business world and we are continually looking out for ourselves. I personally believe this selfishness is behind the average tenure of an American executive being just over 24 months. We tend to be highly entrepreneurial and not very empathetic. Combine the two and watch out!</p>
<p>Here is the really good news. Emotional Intelligence, unlike IQ, is a highly learned behavior set. You can study it, practice it and modify how you interact with people. I would highly recommend Goleman’s book as a starter. It will serve you well as HR Directors nationwide are buying in. When I serve as an interim Executive for a client, every hire we make must take an EQ assessment during the process. If they don’t pass, we don’t hire them regardless of experience or education. You see, I may not be as smart as Jack Welch but I won’t limit my thinking by saying only 20% can be high achievers.</p>
<p>If you missed parts I or II of the series, you can read all three in the series in our blog on the OneAccord website; <a href="http://www.oneaccordpartners.net/">www.oneaccordpartners.com</a>.</p>
<p><span style="font-size: 8pt; font-family: Arial">* Kotter &amp; Heskett; Corporate Culture and Performance<br />
* Daniel Goleman; Emotional Intelligence</span></p>
</div>
<p><a href="#top">Back to the top</a></p>
<div class="blogpost">
<h3><a name="3">Client Success Story: Print Distributor Revenue Growth</a></h3>
<p><em>By <a href="../team/gregory-wilk">Greg Wilk</a>: Regional Managing Partner (Dallas Office)</em></p>
<ul>
<li><strong>Industry:</strong> Print Distributor</li>
<li><strong>Revenue:</strong> $8.3 M (2006)</li>
<li><strong>Location:</strong> Plano, Texas</li>
</ul>
<p><strong>The Business Situation</strong></p>
<p>Since 1985, this company has been providing comprehensive print and promotion management solutions. Over the past 22 years, it has evolved into a company focused on proving quality printing that carefully combines the newest innovations in print technology with the artistic intricacies of the printing craft. It has a comprehensive and customizable list of products and services that are founded on superior printing. This approach provides flexibility and allows customers to efficiently and cost-effectively procure, produce, manage, warehouse and fulfill all their print and promotions materials.</p>
<p>Although current industry dynamics afford print distributors significant opportunity for growth, the client appeared to hit a glass revenue ceiling since sales revenue remained flat during the 3 years prior to 2006. At this point in its history, the client realized that if they wanted to grow they needed to do things differently - including how they sell.</p>
<p><strong>The OneAccord Solution</strong></p>
<p>The first phase of the engagement focused on assessing the sales process then building a solid sales foundation which included building their sales manual, methodology, reporting and tools. The second phase included interim sales leadership and coaching focused on transforming the sales organization from transactional to consultative selling thereby creating a repeatable and predictable stream of sales revenue. Concurrently, OneAccord also provided ongoing change management leadership for both the sales organization and company.</p>
<p><strong>Engagement Highlights</strong></p>
<ul>
<li>Conducted assessment of the company’s sales culture &amp; environment including the sales force skills, capabilities and experience.</li>
<li>Conducted a detailed sales pipeline, forecasting and gap analysis that uncovered several sales revenue risks</li>
<li>Conducted a strategic session which included a SWOT analysis to define the company’s ideal client profile and craft their corporate value proposition</li>
<li>Built the organization’s sales manual which included:
<ul>
<li>Introduction</li>
<li>Overview/History</li>
<li>Mission, Vision, Values</li>
<li>Business Strategy</li>
<li>Sales Strategy
<ul>
<li>Target Market</li>
<li>Ideal Client Profile</li>
<li>Competitive Differentiators</li>
<li>Solutions and Services</li>
</ul>
</li>
<li>Value Proposition Creation</li>
<li>The Truisms of Sales</li>
<li>The Sales Process &amp; Consultative Methodology</li>
<li>Selecting a Competitive Strategy</li>
<li>Selling at the Executive Level</li>
<li>Sales Acclimation Program</li>
<li>Sales Consultant Job Description</li>
<li>Sales Tools
<ul>
<li>Deal Qualification 1</li>
<li>Deal Qualification 2</li>
<li>My Sales Plan</li>
<li>Fast Track Opportunity Analysis</li>
<li>Weekly Activity Report</li>
<li>Suspect/Cold Call Report</li>
<li>Sales Pipeline Report</li>
</ul>
</li>
</ul>
</li>
<li>Developed and deployed new Consultative Sales Methodology</li>
<li>Developed and deployed sales pipeline reporting</li>
<li>Transitioned the sales organization from transactional selling to consultative selling</li>
<li>Provided ongoing change management</li>
<li>Developed and deployed prospecting campaigns</li>
<li>Provided interim sales leadership which included weekly sales meetings, and ongoing sales training &amp; coaching</li>
</ul>
<p>During the first 6 months of the engagement, the client’s 2006 sales revenue increased by 13% versus 2005 which includes overcoming a $2M gap in revenue. Also, for the first time in 22 years, the client has a predictable and sustainable revenue stream as a result of signing 6, 3 year Print Services Agreements with key clients so far in 2007. Additionally, their sales revenue is on target to grow incrementally in 2007 by 15% versus 2006.</p>
<p>OneAccord continues to provide interim sales leadership for the company.</p>
</div>
<p><a href="top">Back to the top</a></p>
<p><!--contact form--></p>
]]></content:encoded>
			<wfw:commentRss>http://www.oneaccordpartners.com/oneaccord-newsletter-summer-2007/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Globalization</title>
		<link>http://www.oneaccordpartners.com/globalization/</link>
		<comments>http://www.oneaccordpartners.com/globalization/#comments</comments>
		<pubDate>Mon, 12 May 2008 00:54:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[globalization]]></category>

		<category><![CDATA[sales_market_discipline]]></category>

		<guid isPermaLink="false">http://www.oneaccordpartners.net/globalization/</guid>
		<description><![CDATA[&#160;
DISCIPLINE: Globalization
Understanding the implications and capturing opportunities of global expansion by avoiding pitfalls and reducing risk for product and service entry. This involves any of the following: joint ventures, acquisitions, build the channel yourself or a combination of all of these.
Read More&#8230;
]]></description>
			<content:encoded><![CDATA[<p id="globalization">&nbsp;</p>
<h4>DISCIPLINE: <strong>Globalization</strong></h4>
<p>Understanding the implications and capturing opportunities of global expansion by avoiding pitfalls and reducing risk for product and service entry. This involves any of the following: joint ventures, acquisitions, build the channel yourself or a combination of all of these.</p>
<div class="readmore"><a href="/services/tactical-elements-of-marketing-disciplines/#globalization">Read More&#8230;</a></div>
]]></content:encoded>
			<wfw:commentRss>http://www.oneaccordpartners.com/globalization/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Research</title>
		<link>http://www.oneaccordpartners.com/research/</link>
		<comments>http://www.oneaccordpartners.com/research/#comments</comments>
		<pubDate>Thu, 08 May 2008 02:08:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Research]]></category>

		<category><![CDATA[sales_market_discipline]]></category>

		<guid isPermaLink="false">http://www.oneaccordpartners.net/research/</guid>
		<description><![CDATA[&#160;
DISCIPLINE: Research
Customer Insights for Innovation; a practice that studies aspects of a business and its ecosystem to provide:

An ability to see what is not evident
To discriminate and find what is true, appropriate and excellent
To apply the insight to their business with discernment and practical judgment

Read More&#8230;
]]></description>
			<content:encoded><![CDATA[<p id="research">&nbsp;</p>
<h4>DISCIPLINE: <strong>Research</strong></h4>
<p class="parIndent">Customer Insights for Innovation; a practice that studies aspects of a business and its ecosystem to provide:</p>
<ul>
<li>An ability to see what is not evident</li>
<li>To discriminate and find what is true, appropriate and excellent</li>
<li>To apply the insight to their business with discernment and practical judgment</li>
</ul>
<div class="readmore"><a href="/services/tactical-elements-of-marketing-disciplines/#research">Read More&#8230;</a></div>
]]></content:encoded>
			<wfw:commentRss>http://www.oneaccordpartners.com/research/feed/</wfw:commentRss>
		</item>
	</channel>
</rss>
