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© 2008 Pareto Law
Introduction
          o




A
Asking Questions                                        Total Sales Culture
                                                                         r                                       Our Goal
A
Ask yourself honestly. In my sales team why do only
                        n     a                         Y
                                                        You have probably made some bad recruitment
                                                                            d     e                              We take our name from the visionary economist and
                                                                                                                                     m       s
t
the top 20% deliver the goods? What’s more, why
                      e     s                           d
                                                        decisions and you have probably lost some good
                                                                             e      b                            his 80/20 principle which applies to sales as it
                                                                                                                                        c      i
d
do I put up with 80% of my team cruising through life
                      f      a                          p
                                                        people for want of professional sales development.
                                                                               e     a                           applies to many other areas of business. Our goal
                                                                                                                                       a      f
a
and getting in the way of achieving our potential?
                       o      e                         Y
                                                        You will most likely have some negative elements in
                                                                                e                                is to help you find and develop those top 20%
                                                                                                                                        d     p
                                                        y
                                                        your company who think sales is somehow not in
                                                                            n      s                             performers and then work with you to engender a
                                                                                                                                     w       h
Don’t worry, it’s a problem that has been around
                               t                        t
                                                        their vocabulary, let alone their job description.
                                                                                 n                               culture of sales success throughout your
                                                                                                                                               g
f
for some time and made famous by the economist
                    d                                   W
                                                        Working with Pareto Law means you can close the
                                                                             a     n                             organisation.
V
Vilfredo Pareto who first decreed the 80:20 law. It
                      s       e                         d
                                                        door on past underperformance. From now on we
                                                                             f     c
d
doesn’t make you a bad company but it does
                    a     p                             a
                                                        aim to develop a total sales culture starting with the
                                                                               s      u
s
suggest you have some questions to ask yourself
                    e      i                            r
                                                        right individuals and a commitment to developing
                                                                                c     m
a
about how you recruit and develop your sales teams.
                      a     v                           t
                                                        those individuals.




          Our goal is to help you find and develop your
top 20% performers.




                                                                                                                                                          © 2008 Pareto Law
T
The Great Recruitment Myth
            c         M h




R
Reasons and Pretexts
            P x                                           E
                                                          Expensive Mistakes
                                                                    M      s
W
Why would you ever blame failure on hiring the
                     a      l                             F
                                                          Few employers truly face up to the cost of mistakes
                                                                                c      o
                                                                                                                        Few employers
w
wrong people when there are so many other valid
                    e       s                             m
                                                          made in recruitment. It starts with the wasted salary,
                                                                                         w
                                                                                                                   truly face up to the cost
r
reasons for poor sales performance? Budget
                       p     m                            t
                                                          the overheads, the car and training. Bad enough.
                                                                                        i
                                                                                                                   of mistakes made in
c
constraints, pricing, company branding; in short
                        m                                 B
                                                          But it’s so much worse than that. What about the
                                                                                       h
a
anything that means we don’t have to own up to the
                     e                                    l
                                                          lost opportunities, the damage to your company’s
                                                                                  d    e                           recruitment. It starts
m
mistake of hiring people who cant sell.
                       e     c                            r
                                                          reputation or the destruction of a long term customer
                                                                                 u       f
                                                          r
                                                          relationship? Consider also the disruption to your
                                                                                 a      e                          with the wasted salary,
T
The sad truth is, recruitment is a lottery, where often
                        t      s                          t
                                                          team caused by the rogue employee, bent of sowing
                                                                               g     p
d
decisions are made on emotional grounds and               d
                                                          discord to divert attention from his or her own
                                                                                   o     m
                                                                                                                   the overheads, the car
j
justified with logic. So people cover up, fudge, make
                        p      c                          f
                                                          failings.                                                and training. But it’s so
e
excuses and meanwhile opportunities are being lost
                    e     r
a
and cost is rising.                                       T
                                                          The plain truth is; organisations often know so little
                                                                                  n       s                        much worse than
                                                          a
                                                          about the people they hire, they might as well flip a
                                                                                h       e
                                                          c
                                                          coin or stick a pin in a list of names.
                                                                                    i       a
                                                                                                                   that.




                                                                                                                                     © 2008 Pareto Law
Beyond the One Hour Interview
         e n          t v




G
Good at Interviews or Good at Selling?
                   o o                                    E
                                                          Ego and Empathy
                                                                  E                                                   A one-hour
T
Traditional interviews tell you if you get on with        H
                                                          Having placed thousands of graduate sales
                                                                               d      r
                                                                                                                  interview cannot
s
someone, whether they share your tastes, whether
                    y       y                             e
                                                          executives with hundreds of companies we have
                                                                                d      o
y
you find them genial or not. An interview will also tell
                             n                            l
                                                          learned that there are no short cuts. You need a
                                                                                 n                                possibly reveal
y
you whether the person is good at interviews. All very
                     n      o                             l
                                                          large pool of talent to select the very best from. We
                                                                                   e
i
interesting but what they don’t tell you is: can this
                       e                                  h
                                                          have learned that while there is no ‘identikit’ sales
                                                                                         s                        whether the person
p
person sell? A one-hour interview cannot possibly         p
                                                          person we do know that successful ones have a
                                                                              a      e
r
reveal whether the person has the attributes and
                      s                                   b
                                                          balance of ego and empathy. Ego to drive to hit their
                                                                                      E
                                                                                                                  has the attributes and
a
attitude for selling.                                     g
                                                          goals and empathy to understand the customer’s
                                                                               u      a                           attitude for selling.
                                                          p
                                                          point of view.


                                                          T
                                                          The clever part is understanding the techniques
                                                                                 r      n
                                                          n
                                                          needed to tease out these attributes from a
                                                                                e
                                                          c
                                                          candidate that may have little or no direct selling
                                                                               v         o
                                                          e
                                                          experience.




                                                                                                                                   © 2008 Pareto Law
C
Chosen Few
        e




P
Proven Method                                         The Chosen Few                                              P
                                                                                                                  Productive From Da One day one
                                                                                                                                  Day e
T
The Pareto system for assessment, selection and
                      a     m                         F
                                                      From the thousands of applicants we receive
                                                                                  a                               But that’s just the start. They won’t be sent
                                                                                                                                           .      w
p
placement of sales staff has been highly successful
                      ff      e                       m
                                                      monthly we proactively telephone interview each one
                                                                                   o                              unprepared into the fray. They will first undergo
                                                                                                                                         y
b
because it replaces gut feeling with proven method.
                      t                               w
                                                      with a knowledge bank built up since 1995 to
                                                                          k        p                              s
                                                                                                                  some of the most intensive sales training
                                                                                                                                       n
W
We have a dedicated team trawling the market for
                     e      w                         i
                                                      identify the top 20% potential who are then invited
                                                                            o        w                            programmes in Europe. The programme they
                                                                                                                                             r
t
the best graduate talent and then we apply
                      n       h                       t
                                                      to an assessment day. A combination of panel
                                                                                 b                                f
                                                                                                                  follow will teach them the high-level
                                                                                                                                          h      -
a
assessment and selection techniques that are both
                            h                         i
                                                      interviews, group dynamics, psychometric profiling
                                                                            m      s                              c
                                                                                                                  communications skills to ensure they are
                                                                                                                                        t      r
r
rigorous and exhaustive. Indeed so much so that,
                      e      e                        a
                                                      and the now legendary three-minute presentation is
                                                                                  m                               productive members of your team from the
                                                                                                                                      f       e
f
for most companies it would not be economically
                      w                               a
                                                      aimed at ensuring that anyone who makes it through
                                                                             a                                    d
                                                                                                                  day they start work.
v
viable to conduct the process in house.               i
                                                      is right for the job, if a little exhausted by the end of
                                                                                   t
                                                      t
                                                      the day.                                                    O
                                                                                                                  Over the next six to twelve months the employee is
                                                                                                                                         e     o
                                                                                                                  c
                                                                                                                  called back for further intensive training, based on
                                                                                                                                                  e
                                                                                                                  practical experience within your company.
                                                                                                                                         t      u




                                                                                                                                                           © 2008 Pareto Law
Developing a Culture of Sales Success
         g                          s




The Problem                                                                               C
                                                                                          Completing the Mosaic
                                                                                                           s                                                                      C
                                                                                                                                                                                  Challenging Beliefs
                                                                                                                                                                                                    s
S
So much of your success depends on making the
                    e      e                                                              A
                                                                                          Alternatively there may be key parts missing from the                                   W
                                                                                                                                                                                  Working with Pareto will be like working with no
                                                                                                                                                                                                                 e
right recruitment decisions but we also believe that
                        o     t                                                           m
                                                                                          mosaic of skills that are holding them back such as
                                                                                                                  e       g                                                       o
                                                                                                                                                                                  other company. We willl challenge some entrenched
                                                                                                                                                                                                                n
o
organisations can build a culture of sales success
                      d       u                                                           s
                                                                                          selling over the phone or high level negotiation skills.
                                                                                                                 o       l                                                        beliefs taking some of your people outside of their
                                                                                                                                                                                                         y      o
w
within their existing work force.
                        r                                                                                                                                                         c
                                                                                                                                                                                  comfort zone. But remember we base our claims on
                                                                                                                                                                                                       e     w
                                                                                          Increasingly clients are seeing the value of turning all
                                                                                                                          t                                                       proven methodologies that have worked for many
                                                                                                                                                                                                              v
T
This may mean retraining existing sales people to
                      n      t                                                            t
                                                                                          their staff into sales people whether it is their
                                                                                                                   o                                                              leading blue chip companies.
                                                                                                                                                                                                       p
o
overcome some of the negative beliefs they have
                           v                                                              p
                                                                                          primary job function or not. And this can be achieved
a
acquired over the years or grafting a sales culture on
                      s       f                                                           b
                                                                                          by bespoke training programmes or a combination
                                                                                                                o    m                                                            If you would like to know more about or method and
                                                                                                                                                                                                               e
t
to individuals who shun the sales function through
                      n                                                                   o
                                                                                          of public courses tailored to a given training needs
                                                                                                                  e       g                                                       how we can help you build success into your sales
                                                                                                                                                                                                      b       c
lack of understanding or motivation.
                      o      v                                                            a
                                                                                          analysis.                                                                               o
                                                                                                                                                                                  organisation please call 01625 255255 or email:
                                                                                                                                                                                                       a       5
                                                                                                                                                                                  info@paretolaw.co.uk or visit
                                                                                                                                                                                                     k        t
                                                                                                                                                                                  w
                                                                                                                                                                                  www.paretolaw.co.uk
                                                                                                                                                                                                    k




               We base our claims on proven methodologies
that have worked for many leading blue chip
companies.




T
This brochure is for information only and all business carried out by Pareto Law subject to and upon Pareto Law’s terms of business, a copy of which is available upon request.
                                   ly          u                    y            s j        a    p                          u      , c py                          p     qu                                               © 2008 Pareto Law
Pareto Law




                   Pareto House
                  Church Street
                      Wilmslow
                       Cheshire
                       SK9 1AX


                t 01625 255 255
                f 01625 255 256
             e info@pareto.co.uk
             w www.pareto.co.uk

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Pareto Law - Sales Recruitment

  • 1.
  • 3. Introduction o A Asking Questions Total Sales Culture r Our Goal A Ask yourself honestly. In my sales team why do only n a Y You have probably made some bad recruitment d e We take our name from the visionary economist and m s t the top 20% deliver the goods? What’s more, why e s d decisions and you have probably lost some good e b his 80/20 principle which applies to sales as it c i d do I put up with 80% of my team cruising through life f a p people for want of professional sales development. e a applies to many other areas of business. Our goal a f a and getting in the way of achieving our potential? o e Y You will most likely have some negative elements in e is to help you find and develop those top 20% d p y your company who think sales is somehow not in n s performers and then work with you to engender a w h Don’t worry, it’s a problem that has been around t t their vocabulary, let alone their job description. n culture of sales success throughout your g f for some time and made famous by the economist d W Working with Pareto Law means you can close the a n organisation. V Vilfredo Pareto who first decreed the 80:20 law. It s e d door on past underperformance. From now on we f c d doesn’t make you a bad company but it does a p a aim to develop a total sales culture starting with the s u s suggest you have some questions to ask yourself e i r right individuals and a commitment to developing c m a about how you recruit and develop your sales teams. a v t those individuals. Our goal is to help you find and develop your top 20% performers. © 2008 Pareto Law
  • 4.
  • 5. T The Great Recruitment Myth c M h R Reasons and Pretexts P x E Expensive Mistakes M s W Why would you ever blame failure on hiring the a l F Few employers truly face up to the cost of mistakes c o Few employers w wrong people when there are so many other valid e s m made in recruitment. It starts with the wasted salary, w truly face up to the cost r reasons for poor sales performance? Budget p m t the overheads, the car and training. Bad enough. i of mistakes made in c constraints, pricing, company branding; in short m B But it’s so much worse than that. What about the h a anything that means we don’t have to own up to the e l lost opportunities, the damage to your company’s d e recruitment. It starts m mistake of hiring people who cant sell. e c r reputation or the destruction of a long term customer u f r relationship? Consider also the disruption to your a e with the wasted salary, T The sad truth is, recruitment is a lottery, where often t s t team caused by the rogue employee, bent of sowing g p d decisions are made on emotional grounds and d discord to divert attention from his or her own o m the overheads, the car j justified with logic. So people cover up, fudge, make p c f failings. and training. But it’s so e excuses and meanwhile opportunities are being lost e r a and cost is rising. T The plain truth is; organisations often know so little n s much worse than a about the people they hire, they might as well flip a h e c coin or stick a pin in a list of names. i a that. © 2008 Pareto Law
  • 6.
  • 7. Beyond the One Hour Interview e n t v G Good at Interviews or Good at Selling? o o E Ego and Empathy E A one-hour T Traditional interviews tell you if you get on with H Having placed thousands of graduate sales d r interview cannot s someone, whether they share your tastes, whether y y e executives with hundreds of companies we have d o y you find them genial or not. An interview will also tell n l learned that there are no short cuts. You need a n possibly reveal y you whether the person is good at interviews. All very n o l large pool of talent to select the very best from. We e i interesting but what they don’t tell you is: can this e h have learned that while there is no ‘identikit’ sales s whether the person p person sell? A one-hour interview cannot possibly p person we do know that successful ones have a a e r reveal whether the person has the attributes and s b balance of ego and empathy. Ego to drive to hit their E has the attributes and a attitude for selling. g goals and empathy to understand the customer’s u a attitude for selling. p point of view. T The clever part is understanding the techniques r n n needed to tease out these attributes from a e c candidate that may have little or no direct selling v o e experience. © 2008 Pareto Law
  • 8.
  • 9. C Chosen Few e P Proven Method The Chosen Few P Productive From Da One day one Day e T The Pareto system for assessment, selection and a m F From the thousands of applicants we receive a But that’s just the start. They won’t be sent . w p placement of sales staff has been highly successful ff e m monthly we proactively telephone interview each one o unprepared into the fray. They will first undergo y b because it replaces gut feeling with proven method. t w with a knowledge bank built up since 1995 to k p s some of the most intensive sales training n W We have a dedicated team trawling the market for e w i identify the top 20% potential who are then invited o w programmes in Europe. The programme they r t the best graduate talent and then we apply n h t to an assessment day. A combination of panel b f follow will teach them the high-level h - a assessment and selection techniques that are both h i interviews, group dynamics, psychometric profiling m s c communications skills to ensure they are t r r rigorous and exhaustive. Indeed so much so that, e e a and the now legendary three-minute presentation is m productive members of your team from the f e f for most companies it would not be economically w a aimed at ensuring that anyone who makes it through a d day they start work. v viable to conduct the process in house. i is right for the job, if a little exhausted by the end of t t the day. O Over the next six to twelve months the employee is e o c called back for further intensive training, based on e practical experience within your company. t u © 2008 Pareto Law
  • 10.
  • 11. Developing a Culture of Sales Success g s The Problem C Completing the Mosaic s C Challenging Beliefs s S So much of your success depends on making the e e A Alternatively there may be key parts missing from the W Working with Pareto will be like working with no e right recruitment decisions but we also believe that o t m mosaic of skills that are holding them back such as e g o other company. We willl challenge some entrenched n o organisations can build a culture of sales success d u s selling over the phone or high level negotiation skills. o l beliefs taking some of your people outside of their y o w within their existing work force. r c comfort zone. But remember we base our claims on e w Increasingly clients are seeing the value of turning all t proven methodologies that have worked for many v T This may mean retraining existing sales people to n t t their staff into sales people whether it is their o leading blue chip companies. p o overcome some of the negative beliefs they have v p primary job function or not. And this can be achieved a acquired over the years or grafting a sales culture on s f b by bespoke training programmes or a combination o m If you would like to know more about or method and e t to individuals who shun the sales function through n o of public courses tailored to a given training needs e g how we can help you build success into your sales b c lack of understanding or motivation. o v a analysis. o organisation please call 01625 255255 or email: a 5 info@paretolaw.co.uk or visit k t w www.paretolaw.co.uk k We base our claims on proven methodologies that have worked for many leading blue chip companies. T This brochure is for information only and all business carried out by Pareto Law subject to and upon Pareto Law’s terms of business, a copy of which is available upon request. ly u y s j a p u , c py p qu © 2008 Pareto Law
  • 12. Pareto Law Pareto House Church Street Wilmslow Cheshire SK9 1AX t 01625 255 255 f 01625 255 256 e info@pareto.co.uk w www.pareto.co.uk