Thursday, January 12, 2012

Steer your sales organization off the fast track to failure

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January 12, 2012
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The Leaderboard 
 
  • Learn to survey the scene to make the most of your strengths
    One way to improve your leadership performance is to focus on figuring out how your strengths and weaknesses relate to the challenges you face, Nathan Bennett and Stephen A. Miles write. People who are good at assessing situations in this manner ask many questions and may explore a variety of ideas before committing to a solution, they write. Forbes (1/11) LinkedInFacebookTwitterEmail this Story
  • Why leaders should let their hair down
    The best bosses consciously humanize themselves to foster relaxed, engaged relationships with their workers, says Christine Fruechte, president and CEO of advertising agency Colle & McVoy. "I can be very buttoned up. And that tends to be somewhat intimidating," she says. "If you want to be approachable and if you want people to let down their guard, you have to be a bit more casual." The New York Times (tiered subscription model) (1/7) LinkedInFacebookTwitterEmail this Story
Key Steps Business Owners Should Know About Successful International Payments. This American Express® guide helps you streamline FX payments. Includes FX payment provider profile, how to simplify payments, and insightful FAQ.
Sales Strategies 
 
  • Overcoming the difficulties brought on by revenue lag
    Implementing effective compensation plans can be especially difficult in industries in which there is a large gap between the time when deals are made and revenue is recognized, writes Ryan Tognazzini. When designing such plans, it's important to understand how much revenue a commitment will likely generate, said Mike Balow of Integrated Device Technology. "Knowing how your business performs based on committed revenue enables you to deploy short-term sales-incentive plan goals that keep your top performers focused on the key objectives," Balow said. Sales Benchmark Index/Sales Force Effectiveness Blog (1/10) LinkedInFacebookTwitterEmail this Story
  • Steer your sales organization off the fast track to failure
    A few common issues may be stopping your company from achieving sales success, writes Ken Thoreson of Acumen Management Group. Thoreson describes a hypothetical sales organization in which the president, vice president and salespeople blame one another for difficulty in making sales. A number of strategies, such as implementing a sales-training program and focusing on communication, can help to improve your company, he writes. YourSalesManagementGuru.com (1/10) LinkedInFacebookTwitterEmail this Story
Organizational Privacy Architecture and Assessment
This checklist for Ecommerce, Web Development and Design, and Direct Marketing professionals enables you to gauge your organization’s privacy compliance and best practice levels. Thousands of companies leave the intricacies of privacy management to TRUSTe, the 13-year-old leader in online privacy. Gain an overview of the program today.
Daily Data Points 
 
  • SIFMA roundtable estimates 2.2% growth for U.S. this year
    SIFMA's Economic Advisory Roundtable has estimated that the U.S. economy will expand at a rate of 2.2% in 2012. "While our Roundtable has forecast continued economic growth through 2012, those predictions have been revised downward since our midyear survey," said Kyle Brandon, a managing director at SIFMA. "Concerns over the European debt crisis, along with domestic politics, fiscal policies and regulatory uncertainty remain significant risks to the downside for the economy going forward." Reuters (1/10) LinkedInFacebookTwitterEmail this Story
  • Q4 decline in global PC shipments is confirmed
    Lenovo reported a 23% increase in PC shipments in the fourth quarter, while Hewlett-Packard said it had a 16.2% decrease but still retained market leadership. Overall, global shipments declined 1.4%, research firm Gartner said. An IDC analyst noted that the figure was the lowest since the fourth quarter of 2008. Reuters (1/11), GigaOm (1/11) LinkedInFacebookTwitterEmail this Story
  • Other News
To combat piracy and avoid lost revenue, ISVs need to understand what types of software attacks are out there and how to defend against them. Be aware of the types of attacks you're facing. Implement the right protection. Start by downloading this free whitepaper from SafeNet.
On the Road 
  • Business travelers to face less stress, uncertainty and chaos
    Advancements with technology will continue at a rapid pace, making business travel less stressful and more productive, according to a recent study commissioned by global travel firm Amadeus. "The new report ('From Chaos to Collaboration') concludes that there will be demand for increased partnership across the travel industry ... removing the stress, uncertainty and chaos that is usually associated with traveling in the 21st Century," George Dooley writes. Travel Agent Central (1/11) LinkedInFacebookTwitterEmail this Story
  • Other News
App Update 
Featured Content 
 

Making Small Talk 
  • Would your company's logo look better in Comic Sans?
    Design aficionados love to hate the Comic Sans typeface, but that hasn't stopped French design studio Cephalization from launching a Tumblr page with Comic Sans versions of iconic logos including the Disney signature logo, McDonald's Golden Arches and Microsoft's blue screen of death. The typeface is "childish, dumb, and wrongly drawn," admits designer Florian Amoneau. "But we wanted to show that when a font is well-used, it could be pretty too." FastCoDesign.com (1/10) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Regional Sales DirectorRegenesis Biomedical, Inc.Multiple Locations, United States
Click here to view more job listings.

SmartQuote 
I'm not going to walk on eggshells. We're all too busy."
--Christine Fruechte, president and CEO of advertising agency Colle & McVoy, as quoted by The New York Times
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NRF initiative aims to leverage retail's economic engine -- STORES Weekly

STORES Weekly
January 12, 2012 Vol. 3, No. 2
STORES First Edition Sponsored by SAS
Driving the Recovery
NRF initiative aims to leverage retail’s economic engine
Retail is the single-largest contributor to the nation’s economy, and industry leaders are convinced it will continue to play a vital role in fueling broader economic growth.

Owning It
Journelle's Founder/CEO Claire Chambers
Claire Chambers launched lingerie chain Journelle in late 2007, and in just one year after trading consulting for retailing, she made Inc. magazine’s “30 Under 30” list.

Inventory That Fits
DSW makes every foot count with software solution
Realizing the importance of efficient technology tools, DSW made the decision to move to a single platform solution and implemented JDA’s Enterprise and Allocation Planning solutions.

Take It to the Bank
The low costs and high benefits of armored car service
There was a time when stores and restaurants located in low-crime neighborhoods felt safe having managers take deposits to the bank, but in this day and age, that's no longer a good business practice.

Private Label: 2012 year of the consumer

The democratization of technology and the rise of social media are changing the way consumers behave and interact with retailers
Planet Retail’s new report highlights several key trends, including customer endorsement and cherry picking the tiers.


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Join SAS at NRF 2012
Learn from the brightest, most innovative minds in the industry when you join SAS January 15-18 at the annual NRF Conference and EXPO in New York. Book an appointment to visit us at Booth 1352 and get a Free EXPO Pass.

STORES Trends            
CONCEPT2WATCH: Cape Town Meets California -- Naartjie Kids designs and sells clothes that are as fresh, comfortable and natural as its target consumer: children 10 and younger.

Turning Addiction into Opportunity -- The Shopaholics Recycle boutique site features select resale, one-of-a-kind vintage pieces, new pieces and timeless recycled items.

Got Qmilch? -- A German biochemist and fashion designer has developed a way to make clothing from milk. Qmilch is not only ecological but is reported to soothe skin allergies.
 
Online Fraud Perceptions -- A recent survey reveals that the majority of both Millennials and Boomers worry about becoming a victim of online fraud. 
STORES Retail Deals  
The Great Atlantic & Pacific Tea Company (A&P) has chosen Galleria Retail Technology Solutions to help optimize its merchandising strategy and improve the customer experience. 

Fashion retailer American Apparel has chosen Oracle ATG Web Commerce and Oracle ATG Web Commerce Customer Service applications to help grow its global, multi-channel retail business.  In addition, 7-Eleven Mexico has selected Oracle Retail Merchandising to create a platform for improving retail operations and driving growth.

K-VA-T Food Stores has selected the Revionics Price Optimization and Revionics Promotion Optimization solutions.

The Metropolitan Furnishings Association has selected TD Retail Card Services’ Renovate Card private label credit program for use by the organization’s 75 retail members in New Jersey.

GUESS has implemented the VeriFone GlobalBay solution inside a dozen stores in the U.S., taken the technology on the road to Asia, and plans to expand the deployment widely in 2012.
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