Technology Industry
Industry: Email Alert RSS FeedBest practices of successful software salespeople: the best sales forces operate as a team; quality products, good training and fair compensation help; software company CEOs value leadership and a good attitude
Software Magazine, Summer, 2002
Internally, software firms have worked hard to integrate their sales teams with technical support, professional services, and the senior executive team. This partnering with professional services is driven by many software firms transitioning from a product sale to a solution sale.
However, they concede that they have not built strong bridges to the engineering and product development organizations, nor to the customer service organization. Product development may not always be working closely enough with sales to get an accurate view of what customers need. And the lack of integration with the customer resource management, customer services, and sales force automation suggests that those areas have not lived up to their promise.
Most RecentTechnology Articles
- The Google Manifesto: Dr. Open and Mr. Closed
- RIM Is Getting Too Successful for Its Customers' Good
- Tech Law: Google Loses in France, GPL Suits Target Many, IBM Sued, More
- Microsoft Moves Fast, Already Has Custom XML Patch for Word
- Microsoft Might Get Advantage or Pain from Order To Not Sell Word
- More »
On Some Issues. Views of CEOs and Their Sales Execs Differ
Software CEOs and sales executives agreed on many of the determinants of success, such as the product quality, quality of the first-line sales managers, and their ability to hire and organize effective sales teams. However, they did look at some issues differently. CEOs felt more strongly that the ability of their sales teams to penetrate top-level executives in their customer organizations was critical, a view not expressed as strongly by the sales executives. Conversely, those sales executives were more focused on the compensation plan, both as a tool to recruit top performers, as well as a way to motivate their teams once hired.
CEOs and sales executives agreed that the ability to create effective teams was one of the most important ways of outperforming their competitors. Equally important is their ability to field a highly technically competent field organization.
RELATED ARTICLE: Stratton Sclavos, CEO and Chairman, VeriSign
"Even in the current challenging economy, VeriSign saw the inherent value in developing a National Account Model for our sales team, says Stratton Sclavos, CEO and chairman of VeriSign. "Increased sales across all lines of our business through VeriSign's consolidated sales effort have proven to be a robust model. Today's CIOs are looking for one-stop-shopping for VeriSign's trusted solutions, whether it be network consulting, authentication or digital brand management. Our account managers--our quarterbacks--serve as the single point of contact for VeriSign's team of issues experts and allow a concise delivery of our trusted solutions."
Dean Senner, President and CEO of Thales Navigation
"Our teaming strategies are based on best practices. We have found that giving product category responsibility to our sales team members enables them to become experts in their field, while giving them regional responsibility gives them a view to the rest of the business as they encounter customers outside their product area, and work to ensure they are covered by other team members with the expertise needed."
CXO UnpluggedSmart Business interviews on BNET
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Technology Articles
Most Recent Technology Publications
Most Popular Technology Articles
- BizRate to monitor in-store customer satisfaction for Office Depot stores - Market Intelligence
- Speed control of separately excited DC motor
- Effects of creative, educational drama activities on developing oral skills in primary school children
- Political stability and economic growth in Asia
- Failed businesses in Japan: a study of how different companies have failed, and tips on how to succeed, in the Japanese market




