The Perfect Storm For Interim and Fractional Sales Leadership
How Fractional and Interim Sales Leadership Supports a Scaleup Business
“Twas fate that blew the wild wind
And delivered me to the perfect storm.
The thunder screamed, the lightning blazed,
The day that I was born.”
From The Perfect Storm by jllukasik
The OECD defines a scaleup company as a company having an average annualized return of at least 20% in the past three years with at least ten employees at the beginning of the period. Other definitions may be a better fit for scaleup in specific niches. Mostly scaleups are seen as high-tech startups. But they can also be much less visible in the economy, for instance, a small local business growing and expanding.
A scaleup business may be marked by any of these situations: cash flow problems, the founder wearing multiple hats, unable to afford senior, full-time sales leadership, after initial sales success unable to get the hockey stick going, etc.
This is a perfect storm for an interim or fractional sales leader, coming in with the experience to fix those and any other situation. Below is a short list:
· Improved sales effectiveness, customer loyalty, and day-to-day sales management.
· Optimized pricing strategies, with the training for the team on how to apply them.
· Sales and market opportunity profiling, directing the sales team to prospects that have the greatest need, with fewer barriers to close, closing more deals, faster.
· Devise and implement a compensation strategy that attracts top performers, encourages average performers to reach higher, and eliminates dead weight.
· Internationalization demands excellent management skills and intercultural competence.
· Growing sales through channel partners, a fast, and affordable way to increase reach.
· Skilled sales hiring to add top talent to the team and to fill in territory gaps.
· Creation of an ideal sales playbook paired with a process and the right messaging.
And why would an interim or fractional executive be the best fit?
· Take the risk and timing out of a permanent sales leader hiring.
· Control cost and only pay for what you need (part-time/fractional, specific period)
· Interim and fractional executives are paid on the understanding of goals and objectives being performed and delivered, and not merely based on attendance.
· And they maintain a high professional standard because their future work relies upon referrals and a successful track record.
Talk to us if this may be a fit for your organization.
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Photo by Anne Gosewehr