Mid-Term Performance Appraisal – It’s That Time Again!

Many of us have been there before, and thus the need for this post.  A tough interim or mid-term review is sobering, and if you are in sales it is easy to have a couple of tough quarters.  The importance of this is apparent when it gets to writing.  Use this post, to prepare for this important upcoming event, or to respond to a difficult mid term that has already happened.

Are you currently on a performance program? Remember, you must be on top of your game, and working all of the time.  You might refer to BSJ 4/30/2011, Are You on A Sales Performance Program? Can You Beat it?

Remember, this is the mid-term, and there is some time left to get goals, but you must do something different, or the results will be the same. This post was from last July but applies now as much as any interm period.

Never give up.

_________________________________________

If you are with a fairly large organization, you have probably recently experienced an interim or mid-term review.  As trite as it sounds, you knew it was coming; yet it is one of the least enjoyable activities for a sales professional.  Having someone tell you where you stand in comparison to a goal that you had no choice but  agree to.

Historically, that is the nature of sales.  Review Black Sales Journal – 1/10 Preparing for the Performance Appraisal that discusses the performance appraisal process and the sales professional.  These points are applicable here, yet I am highlighting “what is after the interim appraisal” as a result of the urgency getting on track, meeting goals, and having a successful last 5 months.

Do Something Different!

This is not an issue if you had a great interim review as you are on track, although you need to remain there.  The problem comes when the interim or mid-term was problematic, exposing what even you have to agree are sub-par sales results and as a result low attainment.

When you are in that mode you have reasons to despair and frankly, I can tell you I have been there. It is a place that you don’t want to be as you are up against a clock (actually the calendar) and you know something has got to change, or you won’t be there down the road.

The real deal is that you might not be doing anything wrong, yet you might not be doing enough right.  Something new has to be tried, and now is the time to do it.  I will propose a few things that may help; yet you cannot stop the normal sales process while you execute them.

Those items are as follows:

  • You must increase your prospecting effectiveness.  It is a proper activity for even those who are having success.  Please to refer to Black Sales Journal 2/10, Prospecting Tips For Black Sales Professionals.  Making your prospecting activities most effective will include changing, yet it is still an activity that is basically short-term that will yield dividends.
  • Reckon with the numbers game that prospecting represents.  There is no doubt that there is a formula that successful prospecting continually requires.  See this in Black Sales Journal 2/28, How Many Prospects Do You Really Need? You must know your success formula, and make it happen.  The formula is different based on your own effectiveness.  I might be able to make my numbers with fewer prospects, based on my own approach and characteristics.
  • Continue to work hard.  There is no magic in this statement.  You can increase your effectiveness and recognize your prospecting formula and the numbers that make it work; yet you still can do more.  Here is where you put it into high gear.

Here are some activities that you can do that you might not be doing right now:

  • Utilize networking as a prospect source
  • Use seminars as a prospecting tool

Networking can be a very effective prospecting source.  It does take work and some planning, yet proper networking will change the prospect base you are exposed to as well as create face-to-face opportunities for prospecting intimacy.  I went deep in this topic in Black Sales Journal 2/21, Networking for the Black Sales Professional.  Using networking effectively is possible in the short term and can be done while the normal prospecting activities continue.

Seminars can be extremely effective.  Done correctly, this activity can be more effective that networking, yet require more preparation, and potentially some resources.  Black Sales Journal 3/24, Finding Prospects Though A Seminar gets deep into this activity that I am partial to.  Now to make this activity work, you do need to have a group that has some has some commonality in buying habits, product needs, industry type, or other characteristics just as the 3/24 post describes.  Once you pull a group together like this, and deliver a message a message with value, you will potentially have followers, prospects, and some customers that you may never have been exposed to.  It would help to be an expert, or regarded as one, yet not necessary.  If you are not an expert, you should engage one to speak to your group, and as is described in the post, keep meticulous records and do not let anyone in, or out, without their contact information, especially their email.

In Summary

These are tactical activities.  They do not replace normal prospecting but can supplement that activity.  You cannot make it in sales without prospecting and need to face that important issue if you have problems there.

Prospecting is the price of admission to being successful sales professional.  Prospecting Tips For Black Sales Professionals were designed specifically for up and coming Black sales professionals in recognition that if you are going to be in this profession, you will need them to smooth out the difficulties of sourcing prospects.

Be effective and prosper.

We welcome your comments.

Embarrassed About Your Sales Performance? – You Are Not Alone!

As a first year sales rep I never looked forward to the dreaded sales meeting. As always, unit results would be reviewed early on in the meeting and my production, which was severely lacking, would stand out like a sore thumb. The sales meetings were also tough because the unit was not doing well.

In front of the other sales reps, the regional sales manager, and God, they focused on the results for the month.  Quite frankly, it was ugly, I felt as if the world, and everyone in it was looking at me when they read the results.

I don’t have to go much deeper into this story as I think you get the picture.  This scene plays out in sales meetings across the globe, and will continue to do so. It may be lessened with ‘virtual’ sales meetings, but the feeling is the same.   Poor results, for even a portion of the year, affect you in the form of embarrassment and performance hampering stress.

Motivator? Yes or No?

No one wants to surrender to this condition.  Is it a motivator?  Can you use this to increase your energy level and effectively change your situation? Your ability to deliver job saving, high-level results can be at risk when you put up your defenses, or even retreat because of this condition.

There are better, more effective ways to be motivated. See Black Sales Journal Getting Motivated – What Motivates You? Just maybe it is one of those items that has a life of its own.  It might just be part of the landscape of sales that will always be with us.

Does this act as a motivator?  It probably does.  Black sales professionals consistently battle with the perception that they will have difficulty in the corporate sales world, and the bright lights of the sales meeting seems to have the effect of amplifying that if they are having some sales difficulty.  You cannot only succeed; you can make money and enjoy the spoils of a good job.  Don’t let anyone tell you differently.  If you are good, you only need to survive the difficult periods.

What Can You Do?

No one wants to be embarrassed by disappointing sales numbers.  If you are in sales for a long period of time, it will happen to you and often it is just situational, a matter of timing which will solve itself at some point.  No matter whether short or long lived, there are some things that you might want to consider:

  • Look Confident – as if you know it is going to change.  If your co-employees and management can tell you are embarrassed by your performance, your customers will be able to tell also.
  • Body language is important
  • Your expressions will make you transparent
  • You will live through this…there are others just like you in the room
  • Be Productive – I know, this does not solve the pain, but this is the only way to make sure that you won’t have the embarrassment in subsequent sales meetings.  Work through this issue.
  • Thicken your skin – As best you can, harden your exterior as you are in the most measurable occupation out there and you will continue to be measured by your peers, your management, and yourself.

The Shoe on the Other Foot

To be sure, there are some things that you will not be able to control, and this is one of them.  Practice on your ‘poker face’, and recognize this is a ‘place in time’ and with good work ethic and some good luck, things will change.

Think about what happens when the fortunate ones that do have great sales results ‘spike the ball’ in the sales meetings as opposed to taking a nod of the head and accepting praise.  We know that this happens, and it can be embarrassing as well.  When you do sell remember to act like you have been in the end zone before.

Above all, always be prepared.  It is natural to have pride in what you do.  If the numbers are not there, it can be a fleeting moment.  You will get over any embarrassment and move forward.

Your comments are appreciated.