Support the Best Sales Reps
By Mike Schultz and John Doerr
Spending time working at the bottom? There are bigger returns at the top.
You
have ten salespeople on your sales team. Like all sales teams, there
are a few selling swimmingly at the top of their game, several are
treading water quite well in the middle, and a few on the lower rung
are barely keeping their noses above water, if at all. Like a good
sales manager, you jump in to save those at the bottom before they drag
you down with them. Nice sentiment, wrong move.
If you really
want to make strong improvements in your sales numbers, help the best
get even better. Don't believe me? Let's do the numbers.
Let's
assume for the moment that the bottom performers are averaging $200,000
per year in sales, just enough to lure you to keep them on. After all
they cover their costs and give you a little margin. Your middle people
produce $350,000 per year. And your top people, your stars, are giving
you an average of $500,000 each.
You're thinking, if you can get
another $100,000 more out of each person on the bottom it will be
great. This will get them close to the middle and you will raise the
bottom rung. Sounds reasonable. But to get them there you need a 50%
increase in what they are producing now. They haven't shown the ability
to get there yet, so you are going to have to invest a great deal in
them to raise the bar. The lower performers always take the most time
and hand holding.
Instead, what if you could get another
$100,000 out of your stars. That is only a 20% increase from them. They
already have the skills, the drive, and the confidence. Your investment
in time and energy will probably be less and your return has a good
chance to be even better. And just think what a 50% increase from the
stars could mean. (Well, in this case $250,000. Is it more in your
case?)
So spend more time on your stars—encourage,
praise, and help them do more of what they already do best. They'll
love the attention, get you more sales, be more likely to stay on, and
be more positive about the company. Your middle performers will see
that the way to get attention is to sell more. As for the bottom, maybe
it's time to tell them to sink or swim.

