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  • Casual Articles - The Fallacy of Funnels & Forecasts

    A New Vision of Leadership
    The 21st century leader is one who empowers others to be leaders. Managers and supervisors must now embrace the techniques, challenges and benefits of Facilitative Leadership.Consider the following quote:The old world was composed of bosses who told you what to do and think, told you to keep your head d
    s in order to appease their managers. After all, would you, as a salesperson, want to face the wrath of submitting a forecast that falls short of expectations? This is why dead deals and phony deals tend to outnumber the real ones on forecasts. On the other side of the coin, some s
    Slogans: Creating and Using Them In Life, Career and Business
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    If there is one mainstay in virtually every sales office, it would have to be funnels & forecasts. Sales managers swear by them; however, I’ve found that they frequently do more harm than good.

    Funnels seem like a good idea in theory. The problem with funnels, however, is that they practically scream “micromanagement.” Funnel reviews strike terror in the hearts of salespeople. They scream the words “probation” and “performance improvement plan.” Sales managers who wish to succeed need to learn some basic psychology, especially the principle of autosuggestion. Doing so will make it very clear as to why the very sound of the word funnel instantly changes salespeople’s attitudes from positive to negative and has very bad effects on sales performance.

    Forecasts also make sense in theory. After all, accurate forecasting is a necessity for good business planning. The key word, however, is accurate. If you believe that an accurate sales forecast has ever existed then I’ve got a nice bridge for sale just for you. Salespeople simply do not submit accurate forecasts. Most salespeople grossly overestimate their forecasts in order to appease their managers. After all, would you, as a salesperson, want to face the wrath of submitting a forecast that falls short of expectations? This is why dead deals and phony deals tend to outnumber the real ones on forecasts. On the other side of the coin, some sa

    How to Hire a Private Investigator
    Contrary to popular perception, private investigators are not only hired when someone gets murdered or a crime is committed. There are actually a lot of things that a private investigator can do for a client. Some hire them to look for lost relatives, even blood parents. Others are commissioned to investigate foul pla
    they practically scream “micromanagement.” Funnel reviews strike terror in the hearts of salespeople. They scream the words “probation” and “performance improvement plan.” Sales managers who wish to succeed need to learn some basic psychology, especially the principle of autosuggestion. Doing so will make it very clear as to why the very sound of the word funnel instantly changes salespeople’s attitudes from positive to negative and has very bad effects on sales performance.

    Forecasts also make sense in theory. After all, accurate forecasting is a necessity for good business planning. The key word, however, is accurate. If you believe that an accurate sales forecast has ever existed then I’ve got a nice bridge for sale just for you. Salespeople simply do not submit accurate forecasts. Most salespeople grossly overestimate their forecasts in order to appease their managers. After all, would you, as a salesperson, want to face the wrath of submitting a forecast that falls short of expectations? This is why dead deals and phony deals tend to outnumber the real ones on forecasts. On the other side of the coin, some s

    A Buyers Guide to Printing Services
    When choosing the right printing services for your company, you will find there are a lot more factors to consider than originally thought. In today’s highly competitive marketplace, image plays a very important role in the way people receive your product. When you decide to search for a print service provider, it wil
    on. Doing so will make it very clear as to why the very sound of the word funnel instantly changes salespeople’s attitudes from positive to negative and has very bad effects on sales performance.

    Forecasts also make sense in theory. After all, accurate forecasting is a necessity for good business planning. The key word, however, is accurate. If you believe that an accurate sales forecast has ever existed then I’ve got a nice bridge for sale just for you. Salespeople simply do not submit accurate forecasts. Most salespeople grossly overestimate their forecasts in order to appease their managers. After all, would you, as a salesperson, want to face the wrath of submitting a forecast that falls short of expectations? This is why dead deals and phony deals tend to outnumber the real ones on forecasts. On the other side of the coin, some s

    Choice of Paper in Resume Writing Considered
    Many people believe that if you use expensive card stock or woven paper with a watermark on your r?sum? you have a better chance of getting hired. This may or may not be the case, however many r?sum? experts believe it is. Generally for my company I did most of the hiring and often I saw r?sum?s with the watermark up
    for good business planning. The key word, however, is accurate. If you believe that an accurate sales forecast has ever existed then I’ve got a nice bridge for sale just for you. Salespeople simply do not submit accurate forecasts. Most salespeople grossly overestimate their forecasts in order to appease their managers. After all, would you, as a salesperson, want to face the wrath of submitting a forecast that falls short of expectations? This is why dead deals and phony deals tend to outnumber the real ones on forecasts. On the other side of the coin, some s
    Giving an After Dinner Speech
    One of the toughest kind of speeches to make is an after-dinner speech since everyone will be feeling sleepy after their meal. And worse, they may not even give you their full attention. There are many things that can go wrong and as an after-dinner keynote speaker, there are a couple of things you have to observe in
    s in order to appease their managers. After all, would you, as a salesperson, want to face the wrath of submitting a forecast that falls short of expectations? This is why dead deals and phony deals tend to outnumber the real ones on forecasts. On the other side of the coin, some salespeople underestimate forecasts simply because they don’t want a manager asking, “When is this one going to sign? When is that one going to sign?” An overbearing manager simply isn’t worth dealing with so they leave good deals off the forecast.

    The other huge problem with funnels & forecasts is that they force salespeople to manage their activity on a month-to-month basis. This results in the horrendous practice of slacking off at the beginning of every month, then working overtime at the end of the month trying to get enough deals signed to make quota. It just doesn’t work in the real world. Successful top producers work in the present, not in terms of “it’s the beginning of the month” or “it’s the end of the month.” Top producers are consistent because today is neither the beginning nor the end of the month. Today is today, and that means doing the same thing today that they do every day to get the results they achieve.

    Forget about funnels & forecasts. Manage with common sense instead and watch your sales results skyrocket.

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