Partners in EXCELLENCE - Making a Difference
This is Dave Brock’s Blog.
It offers my views on a variety of business, sales, marketing, and leadership topic. My goal is to make a difference for you, the reader, in both your professional and personal lives.
I wrote, The Number Are, Well, Just Numbers. It stirred up a lot of discussion and one observation from Gordon Hogg, was both amusing and illuminating: “It’s the Cobra Effect! India’s colonial governor put a bounty on cobras to stop snake bites. Dead cobras came in but snake bites persisted. People started breeding cobras to kill for the bounty.” I don’t know it it’s a true story, but it points out the unintended consequences of some of the metrics we put in place. We have to think about, “What behaviors are we driving–are those the behaviors we really want to […]
Read MoreBusiness people, particularly sales, are obsessed with numbers. We measure everything, we scorecard everything. Revenue, orders, growth, margin, share, performance against plan, performance against prior periods, pipeline metrics, calls made, meetings held, demos conducted, proposals submitted, wins/losses, expenses/budget, CPOD, people hired, turnover (voluntary/involuntary), performance in customers (e.g. major accounts), performance in market sectors, performance by product line, performance in geographic region/territory, customer satisfaction/NPS, customer acquisition cost, new customer acquisition, retention, churn, renewal, open rates, click throughs, forwards, bounce rates…… Differing segments have specialized terminology for many of these metrics. For example XaaS oriented businesses have a propensity to endless acronyms […]
Read MoreImagine you have an appointment with your ideal customer. The only constraint is that you can’t talk about your product. Could you make the call? What would it look like? I suppose you could talk about the weather, exchange chit chat about the World Cup, perhaps the latest baseball games or cricket matches. But that wouldn’t be very satisfying to you or the customer. It probably would be a very short meeting, because your ideal customer probably doesn’t like to have her time wasted. What could you possible talk about that would be a good use of the customer’s time? […]
Read MorePeter Drucker once said, “Culture eats strategy for lunch….” We all know how important culture is in aligning everyone in the organization and driving high performance. Company cultures are built on a common set of values and beliefs. They tend to focus on: Who we are, as an organization. Why we exist. What we believe. What our values are. What we want to stand for–to our employees, customers, suppliers, shareholders, and communities. What our common purpose is and how we remain purposeful. Corporate culture tend not to describe what we make or sell. In start-ups or small organizations, the culture […]
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