What defines success?
A number?
An achievement?
In sales and in life, success is sometimes measured by what others define it to be. When I got a second chance to be a Sales Manager, I decided I wanted to change people's lives.
I’m passionate about developing future leaders, and I realized what I’d been taught about sales management didn’t support development. It was about autocratic micromanagement. It didn’t allow people to be treated as individuals.
I threw out everything I knew about sales management. I decided to create my own style.
What I did was crazy, yes … but It worked.
The biggest change I made was to disregard the idea that every rep should have the same goals, measured by the same metrics.
Here’s what I do instead:
I believe in setting SMART goals to measure success because different reps have different potential. Success looks different across the team.
First, SMART goals are basically the opposite of the one-size-fits-all approach. Before you give all your reps the same goal, think about these questions:
If you answered no to any of these questions then SMART GOALS are for you!
SMART stands for:
Specific
Measurable
Attainable
Relevant
Timebound
Meaning….
Specific - Goals for each rep based on performance. Everyone is still striving for a specific target. The pace and ramp of each team member will be different.
Measurable - The goals can be tracked! Being consistent with measurement is key. It’s how you’ll recognize when a rep excels in one area, such as cold calling or social selling.
Attainable - Can this rep reach this goal? Is it doable? You may need a few cycles of setting SMART goals to get a strong handle on this one. The more data you have, the better.
Relevant - Are the quotas divided to help you reach the team’s total quota?
Timebound - Set monthly, daily, weekly and quarterly deadlines. I adjust goals monthly based on performance.
While tenure plays a role, setting SMART goals isn’t as simple as assigning a number of meetings booked based on seniority. Personal strengths are important.
Here’s how four reps on the same team might break down:
While the comp structure is of course still different for a Sr. BDR, Jr. BDR, and tenured BDR, two people in the same role might do very activities every day.
When I first started using SMART goals, having different goals for different team members was controversial. Nobody was used to that idea.
Now, the team loves it.
Three things make it great:
With this approach as our foundation, we always have a mindset that we can reach any attainable goal, even if it means our approach might need to shift. Instead of looking at the monthly number, we’ll work toward daily quotas. We’ll try new approaches.
Our team is set up around empowerment, and that’s what helps us consistently redefine success to reach and exceed our goals.
I would love to hear about your experience if you try SMART goals! I'm active on LinkedIn.