3 Key Factors that Drive Revenue Alignment
9/22/2021
Comments
During a recent engagement on the Sales Development podcast, David Dulany from Tenbound and Kyle Coleman from Clari dove into the tenants behind driving Revenue Alignment through Sales Development.
Throughout the conversation, the duo unveiled the key forces that empower leading organizations to accelerate sales and revenue growth. 1. Cross-Departmental Coordination In the same way that individuals are at risk of focusing exclusively on their unique KPIs (key performance indicators), departments can lose sight of their shared organizational purpose. When departments come together to understand the relationships that connect Sales Development, marketing, customer service, and beyond, they are in a better position to pursue their revenue-driving activities. With reinforcement over time, these cross-departmental contributors begin speaking apples-to-apples, tracking their efforts as a revenue team while understanding the importance of each piece of the pie. Once cross-departmental contributions are understood, team members can strengthen their value even further by looking down the funnel. 2. Looking Down the Funnel From Kyle’s first sales-oriented position as a financial advisor at Edward Jones to his current role as the VP of Growth at Clari, the ability to look beyond immediate KPIs has been key to making an organization-wide revenue impact. For example, a marketing team might be tempted to focus solely on lead generation numbers while a customer success team might base their own success exclusively on customer satisfaction metrics. Instead, what if each team member bought into the system as a whole? In turn, teams would be in a better position to support the entire company as opposed to their unique subset. This means asking the right questions, such as: Are the leads that I’m generating converting down the funnel? How will existing customers or clients translate into future revenue? What day-to-day processes are most helpful to close deals? Which content items attract the prospects who are most likely to convert? Do I understand exactly how my actions are driving revenue? Ultimately, each action has a direct or indirect impact on an organization’s most important goal: revenue generation. When teams understand the impact their efforts are yielding, the company as a whole is in a better position to make sound decisions and achieve overarching objectives. 3. Onboarding Unique Perspectives Departments with uniform backgrounds yield uniform thinking. Instead of challenging the status quo on their Sales Development team, these individuals reach conventional solutions that are ineffective in the face of unconventional challenges. By bringing together a myriad of perspectives, encouraging team-wide collaboration, and building a culture centered on experimentation and flexibility, organizations are in a better position to unveil an optimized strategy that maximizes revenue. In turn, organizations can bridge the gap between lead generation and actualized revenue, developing agile approaches that are current with the ever-changing global economy. Interested in Learning More? We wish you the best of luck with your Sales Development and revenue alignment efforts and invite you to tune into the Sales Development podcast for insider perspectives from leading industry experts. For key information, updates, and insights, be sure to visit Tenbound and Clari today! Thank you for reading! |
Weekly Newsletter
Blog Archives
October 2024
August 2024
November 2023
September 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
July 2021
June 2021
May 2021
February 2021
January 2021
October 2020
September 2020
June 2020
May 2020
April 2020
March 2020
January 2020
December 2019
November 2019
September 2019
August 2019
June 2019
May 2019
March 2019
February 2019
November 2018
October 2018
July 2018
April 2018
March 2018
February 2018
November 2017
October 2017
September 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
September 2016
August 2016
May 2016
September 2015
March 2015
February 2015
January 2015
Categories
All
Book
Boost Sales
Career
Coaching
Cold Calling
Communities
Conference
COVID-19
Infographic
Job
Leaders
Leads
Management
Market
Outsourcing
Pandemic
Podcast
Psychographics
Sales Development
SDR
Seminar
Social Media
Team
Technology
Trade Shows
Training
Trends
Get the Best Boss Ever:
|