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Porter's Six Principles and Sun Tzu
Balance Score Card and Strategy Maps
SPIN Selling and Front-Line Strategy
Miller-Heiman and Classical Strategy
SPI's Solution Selling
SPI's Solution Selling
SPI's Solution Selling is another end-to-end sales approach that is
extremely process-oriented. Solution Selling works to align an
organization's sales process with the customer's buying processes.
Like Miller-Heiman's system, SPI provides many different components encompasses
sales planning, execution, and management. Solution Selling® diagnoses
customer problems and syncs up selling and buying activities. Strategic Opportunity Selling is
its planning methodology. Major Account Selling focuses on teams selling to large, strategic accounts. Executive-Level Selling
are techniques to engage high- and
mid-level executives. Sales Management and Coaching is their component for
working with sales managers. Solution Selling for Channel Management™
focuses on distribution to reach end-user customers. Solution Selling for
Call Centers™ focuses on telemarketing.
Classical front-line strategy provides the perspective and
decision-making skills that those working within the Solution Selling
framework need to make these processes work. Since SPI's Sales Process
Implementation Methodology and its Value Cycle follow a four-step cycle that
closely resembles the Progress Cycle of Front-Line Strategy. This means
that, working with SPI's framework, the four specific toolkits
provided by classical strategy can be directly applied to both the on-going
development of the sales process and to the techniques that Solution Selling
uses within a sales cycle.
On-Going Sales Process Development
One of the strengths of the SPI model is its recognition that the sales
process is dynamic. Like classical strategy, SPI's system sees developing the
sales process and a process of continuous improvement. New knowledge,
skills, abilities, and techniques must be continually integrated into an
organization's sales process. In classical strategy, we describe this
specifically as advancing your methods.
SPI's
Sales Processes Implementation Methodology™ is a structure for
introducing these changes. This on-going cycle has four steps that
continually repeat themselves:
- Project Initiation where new additions to the sales process are
assessed.
- Management Alignment where new additions are integrated into the
sales process.
- Management Review where new additions are deployed.
- Management Debrief where new addition are sustained.
Those familiar with classical front-line strategy will immediately see
the overlap here with the Progress Cycle of Listen-Aim-Move-Claim by which all
positions are advanced. These four steps can be used more effectively when
their users are capable of applying the listen-aim-move-claim toolkits from
classical strategy. The listening and aiming tools can help them better assess
additions to the sales process. The toolkits for moving help them overcome any
obstacles in integrate and deploy new additions. The claiming toolkit can help
them both evaluate and sustain those additions.
The World’s Standard for Sales Execution Process
Much of the Solution Selling system is focused on not just process, but
execution. In his book,
The New Solution Selling, Keith Eades describes a four-step Value
Cycle that builds up, in the terms of classical strategy, a sales position
through the sales process. The main idea behind this model is that the
salesperson has to constantly "measure" to ensure value. Again, this model has
four steps, and again, those steps follow the Progress Cycle of classical
strategy very closely. The Value Cycle's four steps are:
- Lead: Initial Value Proposition
- Verify: Refined Value Proposition
- Close: Value Justification /Analysis
- Measure: Success Criteria
According to API's research, a very small percentage of sales professionals — less than 5%
— ever measure the actual value that customers receive from their solutions, or
even get any credit from customers for the value that they delivered. This is
why they see their Value Cycle as so important and this is exactly why the
Strategy Institute teaches that the Claim step is so important in the progress
cycle. Both systems see this as the single most overlook step because it is too
easy to take it for granted.
However, all the tools of the Progress Cycle give us a deeper perspective
here on what is happening when we create value for a customer. Listening
tools help salespeople using Solution Selling formulate the value proposition,
seeing opportunities for value that others would miss because they are trained
to think in terms emptiness and fullness. Aiming tools provide alternative
method for verifying value, bringing in principles such as distance, barriers,
and dangers that are easy to overlook without training in front-line
strategy. Moving tools help the salesperson with closing the sale, helping the
salesperson to see the exact type of response needed to the challenges they face
in the terms of classical strategy. And finally, Claiming tools help
salespeople understand what types of elements are needed at the measure
stage to secure future sales and referrals.
The Involvement of Key Executives
SPI's research has determined that high-ranking buyers
generally get involved in sales decision at the beginning of a project to set
the strategy and direction, and at the end to evaluate success and make
corrections. A large part of the SPI process is devoted to helping salespeople
develop strong relationships with executives. Within the Solution Selling
process, the salesperson that helps executives to initiate projects and
achieve their strategic objectives. The focus on the Value Cycle and especially
measuring the effectiveness of the program is a part of creating deeper
buyer-seller relationships.
Mastering the principles of classical strategy gives your salespeople another
type of opportunity to develop deeper relationships with the key executives. As
certified strategic professional, your salespeople will be able to offer
strategic insights to executives that they cannot get anywhere else--except of
course, through our training. Salespeople trained in our methods are able to
identify, understand, and articulate customer's strategic problems on an
extremely high level, increasing their influence in any consultative sale.
In a world where most salespeople are limited to understanding customer's
problems in terms of the solutions that you offer, salespeople trained in our
method can offer much more penetrating analysis of their customers' operations,
and discover new ways to justify and quantify the value of your solutions to key
executives. Unlike most people, your salespeople can be comfortable talking with
serious business people about serious strategic issues at a high level of
understanding, not only compared to other salespeople but to most business
executives.
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