Episode 98: Building a Strategy That Your Team Will Buy In to and Execute
In this episode of Stronger Sales Teams, Ben Wright explores the critical role of strategic planning in aligning sales teams’ objectives with the broader goals of the business. As the new year commences, Ben underscores how crafting clear, actionable, and effective strategies can turn business aspirations into measurable results. He highlights common challenges in strategic planning, stressing the importance of prioritisation and focus to avoid the pitfalls of spreading resources too thin across too many objectives.In addition to strategic development, Ben emphasises the significance of regular quarterly reviews and maintaining consistent momentum to ensure sustained success over time.
Key Takeaways:
- Transform broader company goals into actionable sales team strategies to align efforts and optimize impact.
- Prioritize the most high-impact ideas from brainstorming sessions to streamline objectives and focus execution.
- Engage sales teams in the planning process to boost ownership, accountability, and execution success.
- Utilize financial waterfalls to align qualitative strategic objectives with quantifiable, financial outcomes.
- Maintain momentum with regular reviews, refinements, and engagement of project champions to ensure strategic plans do not lose focus.
Time Stamps:
0:00 Intro
2:00 Strategic Planning Format
4:38 Looking At Broader Company Goals
6:16 Revenue Growth Target
7:25 Strategic One Sentence Pitch
8:45 Involving The Team
11:56 Building Plans
13:55 The Financial Waterfall
17:30 Review, Refine, and Reroll Out Program
19:30 Recap
21:07 Outro
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