5. Hope is Not a Strategy – The Six
Keys to Winning the Complex Sale
Hope is Not a Strategy, came highly recommended by several business
colleagues. The book takes aim at six keys to winning the complex sale those being; 1. Link Solutions to Pain, 2. Qualify the Prospect, 3. Build Competitive Preference, 4. Determine the Decision-Making Process, 5. Sell to Power, 6. Communicate the Strategic Plan.
From the perspective of B2B Books the book delivered on a micro-level,
but not a macro level. To be more precise, it delivered on inspirational and
thought provoking ideas and actions found in each of the six keys, but failed to deliver on succinctly
describing, a “single, simple, strategic process for winning sales and
dominating accounts. Let us have a look at both of these aspects of the book in
turn.
Throughout Hope is Not a Strategy, there were numerous nuggets of content
which spurred great thought on different parts of the sales cycle. Something
important these nuggets related to different members in varying degrees.
Members found it hard to put the highlighter down due to the plethora of
relevant statements to their sales cycle and approach to sales. This happened
so often that members often put the book down to deeply consider the
ramifications of a sentence or passage.
One such idea was a simple
question regarding, Key 4: Determine the Decision-Making Process, “If the client was going to make a decision today, what would it be?”
The answer to this question clearly indicated that action needed to be taken in
order to maintain a yes answer or to
change a no or no decision answer. For instance, some actions might be the engagement
of resources to move a decision in one’s favour. It could also suggest that the decision making process must be better understood in order to apply the correct strategy. This could entail the
engagement of different advocates inside the client’s organization, the invoking of
better strategy or the rallying of internal resources. Whichever the case this
question should always be top of mind in the complex sale as it maintains the
focus on the negotiating with the right decision makers and the obtaining of business from a client.
Another great concept found in Hope is Not a Strategy, is steering the
sale. A salesperson should always endeavor to steer the sale which implies they
are in control. He or she is the one leading clients to the best solutions for
their business’s ailments. This should happen from the beginning of the sales
process. Consider this example from the book. If a salesman has received an
RFP, but had not played any part in defining the requirements therein. Understand that someone
did and whether it was an internal or external player who defined those requirements, it was not the
salesman and this puts him or her at a disadvantage.
Moving on, Hope is Not a Strategy, claimed it would convey a single, simple,
strategic process for winning sales and dominating accounts. This
simplification was sorely lacking in a cohesive and coherent description of a
single process. Each chapter dedicated to a specific “key” to the complex sale
stood alone. Inside each of these chapters there were extended descriptions
with diagrams to provide a clear picture of a “key” process. These diagrams did
not provide a clear picture of process neither for the chapter in question nor an
overall, all-encompassing process. In fact, the diagrams created more confusion
than clarity in B2B Books members.
That being said, there was
clarity found in the grey callout boxes where descriptions of each of the “keys” to the complex sales.
B2B members were quick to point out how these examples were the best source of
clarification in each chapter. Still, they were not enough to pull the six keys
to the complex sale into a clear process.
In summary, Hope is Not a
Strategy biggest strength lies in its ability to relate to sales professionals in the
specific ideas, actions within the “keys” to achieving success in the complex sale. As
an overall approach there is no clearly defined model or
process for winning the complex sale. The end result is a worthwhile read
that stimulates sales professionals to adopt particular action(s) as it relates
to their personal approach to the complex sale. In so doing, a salesperson can
hone their activities in their approach to the complex sale; however, there is
little chance of developing a single approach to the complex sale.