There are many valid reasons to delay or
postpone sales training. The value and timing of business sales training,
like every other sales investment, must be compared to and aligned with
shifting business priorities and initiatives.
Given the speed of change today and the
constant pressure of competition, what timing makes the most sense in terms
of the value and business impact of the training?
The Impetus to Improve Sales Performance The majority of our clients are being pressed by their investors to deliver higher growth at the same time as their clients are demanding more value at better price points.
To make matters more challenging, there are
fewer barriers to entry causing competition to increase. This perfect storm
means many companies are:
The Top Priority -
Profitable Revenue Growth
When we talk to sales leaders, there is one priority that never seems to change - profitable revenue growth. If this is true, then the question becomes, is sales training important to ensuring profitable revenue growth? Because sales training develops new sales skills and techniques gradually over time, the impact of training can be difficult for some companies to quantify. The Impact of Sales Training The good news is that we have measured over 800 sales training projects and know that profitable revenue growth is possible. Sales teams that do training right are able to grow revenue 58% faster and are 72% more profitable than their peers.
To ensure your sales training hits the mark,
follow these three research-backed best practices:
Because sales training is just one avenue to
improve profitable revenue growth, there are certainly situations where it
makes sense to postpone sales training. Here are the top five reasons
from our clients.
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About LSA Global
Founded in 1995, LSA Global is a leading performance consulting and training firm that helps high growth technology, services, and life-science companies create a competitive advantage by powerfully aligning their culture and talent with their strategy. Learn more about getting aligned