4 Tools To Support Your Sales Talent Management Strategy




  • May 17, 2016

    Talent management


    Hiring and retaining talented sales professionals is one of the most important roles for a successful sales leader. An intelligent hiring system, accurate screening methods and high-quality talent management tools all influence your ability to deliver on revenue goals.


    Here are four specific tools that can greatly enhance your ability to attract and manage talented sales professionals.


    Talent Analytics


    To hire the right people you must first know who they are. A talent analytics solution allows you to avoid following hunches during hiring decisions. Instead, you leverage historical data on the traits and habits of reps that have achieved top performance in your company.


    Predictive talent analytics can help you assess capability and potential at the team and individual levels. As a result, you have the data that can help you leverage what’s working and fix what isn’t.


    A Structured Sales Management Process


    Your front-line managers provide a pivotal component to your managing your sales talent for success. It’s critical that they have a process that enables them to stay on top of hiring and retaining top sales talent. We call that cadence a Management Operating Rhythm that outlines the specific steps front-line managers can take on a weekly, monthly and quarterly basis to streamline their coaching process.


    Assessment and Coaching Tools


    Various assessment and coaching tools can help your managers execute effective and consistent coaching. A quarterly assessment is a simple tool for determining the effectiveness of a rep’s current skills, competencies and behaviors. This evaluation serves as a set up for a development plan.


    A skill/will model can help you segment coaching based on a rep’s current state. It compares a salesperson’s abilities to their motivation. Using the model helps you find the root problem and target it with the right coaching solution. Click here for more information about the Skill/Will model


    Coaching Plan


    Sometimes called a development plan or development action plan, a coaching plan is a list of specific strategies outlined for each stage of the selling process. You use it to match effective coaching strategies to specific needs identified using the assessment tools.


    External training, internal training, more regular opportunity reviews and role plays are among possible action steps for addressing performance gaps. The key is to align the development action with the area of need.


     

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