
Monthly Business Reviews - Preparation
One-on-one conversations with sales professionals are critical in building confidence, reflecting on past performance and clarifying future direction.
How often do you meet one-on-one with your sales professionals?
Are they formal or informal conversations?
One best practice for sales managers is leading a monthly business review. This is a formal conversation that:
· reviews last month's performance
· provides recognition
· facilitates constructive feedback
· confirms the sales professionals specific
plans for the next month
To help make the conversation productive, preparation is required by both sales manager and sales professional. Here is a template you can both use to prepare for the monthly business review:
HIGHLIGHTS
· what are 3-5 highlights from the past month?
· summary of results
GREEN FLAGS
· progress with existing clients?
· progress with prospects?
· progress in development of selling skills?
RED FLAGS
· what are areas of concern?
· what are challenges?
· any unresolved issues?
· what are patterns from past months?
HELP REQUIRED
· what help is needed by sales professional?
ACTION PLAN
· what is specific action to address red flags?
· what are specific goals for upcoming month?
Try this template out in your next one-on-one. In the next Insights, we will examine keys to effectively leading the monthly business review conversation.
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