UT Dallas Sales Leadership Summit

UT Dallas Sales Leadership Summit

by Katie Weisz
Estimated read time: Less than 1 minute

Last month, our CEO Scott Gillum was invited to attend the UT Dallas Sales Leadership Summit as a keynote in a debate with Chris Beall, CEO of ConnectAndSell,Inc.

Scott and Chris discussed topics such as “is digital marketing more effective than SDR?”, Chris’s thinking behind “market dominance”, with a lively rebuttal from Scott, and when sales should get involved in the ‘funnel’ with a customer.

In this clip, an attendee poses the question, “How does the environment and relationship change as the complexity of the solution that you are selling increases?”

Listen in here for both Scott and Chris’ responses:

https://vimeo.com/375500278

To catch the entire debate between Scott and Chris, be sure to visit UT Dallas Sales Summit here.


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Do We Need Outbound Sales Anymore?

Do We Need Outbound Sales Anymore?

By Scott Gillum
Estimated Read Time: 4:00 Minutes

A couple years ago during Gartner’s Sales and Marketing Thought Leaders roundtable, I asked the group, “Do we really need sales anymore?” 

The question was in response to research Gartner shared about the challenges facing sales in gaining a consensus from the internal buying group to move forward with a purchase decision. This insight, built on top of the previous CEB (now Gartner) research showing that buyers are 57% of the way through the sales process before engaging sales, prompted me to think about their effectiveness. 

Knowing that half of the room was filled with sales thought leaders, I asked the question in jest to provoke a lively conversation. This year, after seeing Gartner’s  latest research on B2B sales, I asked the question again with a twist, “Do we really need outbound sales anymore?” This time it wasn’t meant in jest, it was a serious question about the value of a Sales Development Rep (SDR). 

SDR’s according to Payscale, earn on average of $42,000 a year to “make outbound sales by reaching out to clients to obtain leads and schedule appointments for the sales team.” They are the voice on the other end of the phone after your download information off a vendor’s website. 

The data point that caused me to question their value is based on how little time buyers spent speaking with sales during a purchase decision. In 2017 Gartner found that only 17% of a buying group’s time is spent with sales. In the latest meeting Brent Adamson, vice president at Gartner, shared that in the most recent research the number is now down to 16%. And as you might have guessed (based on the 57% data point mentioned above) most, if not all, of that time is spent at the end of the buying process.  

That leads us back to the SDR. Their role is aligned at the front end of the process. Perhaps you could argue that they play a valuable role in creating leverage for the more seasoned and costly sales executives by screening inquiries, and as the definition describes, scheduling appointments for the sales team. 

So, let’s explore how effectively they perform this role using a recent experience I had with an SDR of a SaaS company. We were running an RFP bid process for a client. As a mid-market company, they are looking for an online collaboration tool that fits their unique needs. We collected a list of potential providers and I came across an additional vendor late in the process. Here’s my actual email exchange with the SDR after I signed up for a demo. 

You guessed it, he didn’t make it happen. As a result, I didn’t have the information needed to add them to the list. If his organization had allowed me to view the demo on their website without being screened, they may have been included in the bid. 

Ironically, the well-defined lead qualification process the rep was following killed the deal before he was able to qualify the opportunity. 

I’m not alone in my experience. Gartner’s research asked buyers to define the factors that contributed to a “High Quality, Low Regret” deal. In other words, what factors contributed to them feeling like they made a good informed decision. 

Interestingly enough, the factors that made buyers feel less confident about their purchase decisions are directly tied to the seller, specifically buyers didn’t trust  them to provide all the relevant and/or unbiased information needed to feel well informed. 

On the other side of the chart, buyers commented that they felt confident in their ability to ask the right questions, collect the right information and draw out the insights needed to make a good decision. 

Now the dilemma… 

We are at the intersection of inbound marketing and sales engagement. 

With the increasing sophistication of content management platforms and the risk associated with the sales person negatively impacting the information collection process, we face two very strategic questions for sales and marketing executives. 

The first — where do you draw the line between allowing the customer to direct themselves to the right information needed to make a “high quality and low regret” decision and inserting the SDR to help guide them? 

The second — when do you do it? Do you allow the buyer to self-identify and request help or do you proactively reach out to them? 

The answer may come down to simply how you view the process. If it is truly a “buying process,” then the buyer is in control.  You allow them to go as far as they need and allow them to reach out to sales.  

If it’s viewed as a sales process, then you reach out to them and help them find what you think they need, which according to the research, is the riskier path. 

Based on my experience, I think the answer is clear. And if you believe that sales is a “numbers game,” then the numbers in the research are not in favor of outbound sales.  

Let the debate begin. 

To hear the interview with David, listen or download here.


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Framing: The Skill That Separates Innovators from Inventors

Framing: The Skill That Separates Innovators from Inventors

By Glen Drummond
Estimated Reading Time: 3:00 minutes

Does the competitiveness of your product, or even the success of your business depend on someone else changing their mind or practices?  If so, then here’s an instructive tale.

Louis Pasteur

This name, you probably know. Historical reports indicate that by age 55 Louis Pasteur was considered a national hero of France.  He won an impressive series of honours and awards for his pioneering work – perhaps most important the germ theory of disease – a theory he developed in the period between 1860 and 1864.

Ignaz Semmelweis

This name most people don’t know. In 1846, Semmelweis was appointed to lead the obstetrical clinic of Vienna General Hospital.  In 1847, he got to the bottom of a horrendous (35%) mortality rate from “childbed fever” – drawing a link between doctors performing autopsies and then attending to birthing mothers without first disinfecting their hands.

In his 1861 book, Semmelweis presented evidence to demonstrate that the advent of pathological anatomy in Wien (Vienna) in 1823 (vertical line) was accompanied by the increased incidence of fatal childbed fever. The second vertical line marks introduction of chlorine hand washing in 1847. Rates for the Dublin Rotunda maternity hospital, which had no pathological anatomy, are shown for comparison (view rates).

In the span of one year presiding over the maternity ward,  Semmelweis established both cause and cure – instituting a regimen of physicians handwashing with a chlorine solution.  Semmelweis conceived and implemented hospital infection-control procedures resulting in dramatic clinical improvements – a full 15 years before Pasteur.  And he actively promoted his findings for all to see.  

Fifteen years later, Pasteur basked in glory for his achievements in the understanding of the cause and control of infection.  Semmelweis was ignored by his contemporaries, who refused to adopt his infection-control procedures. Semmelweis became despondent and his life deteriorated into tragedy.   What’s the difference?

The course of a person’s life does not reduce well to a theory – but the course of an idea’s progression in society is a worthy subject of study.  Some good ideas have a hard time breaking through. And conversely some bad ideas catch on and linger. What’s interesting is that in this case we have almost the same idea – but in one case it catches on, and in the other it does not.

So what is the difference?  One clear difference in this case is “Framing.” 

Semmelweis saw that the behavior of the doctors (performing autopsies and then attending to mothers giving birth) was causing the mothers to be infected with “childbed fever”.   

He theorized, and then clinically demonstrated, that a change in doctor’s behavior (handwashing after performing autopsies, before attending to living patients) could sharply reduce maternal mortality.    Do you see the framing problem? In order to get doctors to stop killing mothers, they would have to admit to themselves that their past actions had been killing mothers. The frame generated a headwind of cognitive dissonance. 

Pasteur was not necessarily a more gifted clinician. But he was certainly a more gifted framer.   He recast the narrative of infection, shifting attention from the practices of the doctor to the “infectious agent” –  the pathogen or “germ.” Semmelwies invented infection control. Pasteur invented a signifier to represent a signified that was already, but only, implicit in Semmelweis’s clinical innovation. 

From the standpoint of clinical procedures, there’s nothing in the germ theory of disease that would cause Semmelweis to act any differently in his own clinic; nothing that would improve upon the results he obtained.  But from the standpoint of convincing other doctors to change their practices, the germ theory of disease was far more effective than Semmelweis’s call for doctors to change their practices.  

We can draw a lesson from comparing  the accomplishments of these two men.  We may draw a contrast in our mind between the “real” work of innovation and the “fluff” of representation,  but to do so is to mis-recognize the way people respond to change.  

Inventors who wish to gain attention for tangible innovation should not ignore the need for a new frame to go with it.   


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Scott’s Interview with Author Carlos Hidalgo on “The UnAmerican Dream”

Scott’s Interview with Author Carlos Hidalgo on “The UnAmerican Dream”

by Katie Weisz
Estimated reading time: 1 minute 

Scott had the pleasure of sitting down with author Carlos Hidalgo to discuss his new book, The UnAmerican Dream. The book talks about Carlos’ “journey to entrepreneurial triumph, and the simultaneous path to rock bottom.” 

Carlos describes the book as being more than just business, but a book for those that want to reassess personal and professional relationships in today’s always connected, always ‘too busy’ world. 

When asked who the book was written for, Carlos stated, “I wrote it from the perspective of an entrepreneur and a business owner and a professional. But it’s really a book to say, stop. What is the frenzy for and reassess your personal and professional relationships and define success on your terms.”

In the interview clip, Scott and Carlos talk about his journey from being on the cusp of a divorce and hitting rock bottom, to his inspiration for the book when a LinkedIn post about why he was leaving his first agency helped him realize he wasn’t alone in his desire to get back to his true self. Carlos also talks very candidly about asking his wife to write a chapter in the book, sharing her story of the impact his ‘unhinged business pursuit’ had on their family. 

https://vimeo.com/347584670
Want to watch the full interview with Carlos Hidalgo? Click here.

To hear the discussion with Carlos, listen or download here:



 

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Lucky Me – The Upside of Looking Down

Lucky Me – The Upside of Looking Down

by Scott Gillum

The odds of it happening are 1 in 1500 or .0007%, about the same odds of being randomly selected to come onstage at a concert hall. Similar to Courteney Cox being pulled on stage by Bruce Springsteenin his iconic Born in the USA video, of course without the scripting. And now that I’ve dated myself, yes, the odds of this happening increase with age.

Lucky me. I am one of the few to experience a detached retina (and it’s a lot less fun than being at a concert). Making things even more random, I had none of the five leading factors — just cursed, unfortunately, with bad genes. As it became evident, both of my parents are carriers of a recessive gene causing this issue, and my brother (who has also experienced this) and I couldn’t be more thrilled.

Not that there is ever a good time for this to happen, but this past week was particularly bad timing. With a huge pitch the day of my surgery and my daughter’s graduation from college the coming weekend, this was not the week. Adding fuel to the fire, up until this point, I had great eyesight (20/16) with no signs of any issue. Now I was facing surgery, along with a recovery period that is, literally, heads down for the next 7 days.

It all began the weekend before with a bike ride. After reaching the top of a decent-sized hill, I experience a particularly large “floater” in my right eye, which I would learn later, took a piece of my retina with it.

The following day, a dark “curtain” appeared in my peripheral vision. Having said brother go through this a year earlier, I knew this was not good and quickly contacted a doctor. Trust me when I tell you this type of phone call gets the attention of a retina specialist. I was in their office within 15 minutes (run, don’t walk, if this happens).

So, after a failed attempt to hold the retina in place with laser surgery, the curtain reappeared three days later. I returned to the specialist to receive the news that I would have to undergo immediate surgery to reattach the retina with sutures, and a gas bubble would be inserted to hold it in place (I have a bright green bracelet on to prove it). All of which are unpleasant on its own, but are “next level” when it involves your eye.  

Facing a doctor-imposed downtime (again, literally), I set out to make the most of it, but not before planning a nice little pity-party for myself and it was going to be a good one. Because of the restriction on my movement, I was convinced I wasn’t going to make it to my daughter’s graduation. I was headed to a darker place than my lost vision.

Thankfully, a random and timely Instagram DM from a friend sent me on a different path. Bill messaged a link to a podcast of an interview with Steve Gleason. Gleason, who played in the NFL for 8 years with the New Orleans Saints, was diagnosed with ALS (more commonly known as Lou Gehrig’s disease) three years after retiring,

The interview was remarkable. Steve, having lost his ability to speak, used his eyes to put together responses that used a voice bank he created when he was first diagnosed in 2011.  The podcast then led me to the 2016 award-winning documentary about his life. And that’s when my outlook about my own situation changed, dramatically.

Gleason” is one of the rawest, bravest and most brutally honest movies about living with a debilitating (and terminal) disease I’ve ever seen. It’s also one of the most inspiring. The reaction to his diagnosis and how he chose to live his life afterward is an incredible story.

As a father, it was an emotional roller coaster watching Steve’s relationship with his father, and then his son. His dedication to helping others with the disease as he is losing his battle was, well, saintly — pun intended.

Now, with the pity party effectively cancelled by the inspirational heroics of a man wrestling with an incredibly cruel illness. I was off to conquer my next challenge — stillness. This may in fact have been my biggest concern — resting my eye.

The day before the surgery was my wife’s birthday. I had made plans to take her to a nearby spa. While there, I made my way to the meditation room. Knowing that I may have be immobilized for a period of time after the surgery, I thought I’d work on resting my mind. I lasted 2 minutes, according to my Fitbit.

It was such a concern that I brought it up with the surgeon suggesting that I may need a little help (wink, wink) to take the edge off. He didn’t bite. I was on my own.

Unfortunately, you can’t just hang a “closed” sign when running your own business and I really don’t have an “off” button. Shutting down or slowing an active mind and body isn’t that simple, especially without some help. Alcohol was a no go, walking around with monocular vision was hard enough. I’m tensing up just writing this — and yes, I’m supposed to be “resting.”

Help came in the form of some simple advice from my mom. Recognizing my inability to sit still from an early age, she suggested that I “be easy.” A phase her mother often used with her when she was young.

It’s interesting how often I would hear those two words and remind myself to slow down. Drying my hair with a towel, brushing my teeth, pulling a shirt over my head. All things that I normally would rush through to get to the next task, were now all little threats to the success of my surgery and/or speed of my recovery if I didn’t chill.

The tape covering the patch over my eye made it difficult to open my mouth, so I had to slow down when eating and take smaller bites. All good reminders to “be easy” and enjoy what I was eating. Staring at the floor with my head down for 50 minutes each hour became a natural position to practice humility and give thanks.

God threw me a haymaker (to my right eye), perhaps as a reminder to slow down, give thanks, and “be easy.” I would have been happy to receive the message another way, but it is what it is. What I also learned is that my situation is an opportunity to take stock of how really blessed I am.

My wife is a loving caregiver and we had a home full of supportive family for the graduation. Friends are checking in on me constantly and helping to support the business in my absence. Most importantly, I was able to attend my daughters graduation and my vision is starting to return. Yes, lucky me…a very lucky me.


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