rakshitmudgal
posted a blog.
In the store, I picked up a copy of Longfellow's famous poem, "The Rainy Day." I know you heard the most famous phrase of the poem: "In every life, it must fall from the rain." "Hmmm," I thought, "with what is happening to our economy, stock market, my 401 (k) and some companies I know, I think I am experiencing a tsunami!"
No doubt about it. Like me, many CEOs and managers are feeling the effects of the current economic storm. But I say: "every good poem deserves a good language" and "every cloud has a positive side".
OPPORTUNITY IN THE CHAOS
Unfortunately, many managers have been forced to make drastic cuts in recent weeks. Not only did they make the obvious reduction in spending, but many were forced to make it even more draconian. Needless to say, the low performers come first, but a manager I spoke with admitted that he had to "cut the bone" while dropping part of his sales team.
I can confirm that this is happening because the level of calls to recruiters by hunters is increasing dramatically. (Trust me on that!) And, many of the candidates in the market are very talented artists.
UPDATE TIME
So here is the positive side we've been waiting for. . . .
There has never been a better time to improve your sales force! Expert managers will take advantage of the chaotic economic scene and seize the moment to hire some of the best talents available.
These are the steps to follow to potentially find a rainmaker:
1. Evaluate: Evaluate honestly (and confidentially) your current team. Knowing that there are artists out there should give you the added security of carefully analyzing the numbers. Decide how much and who can be replaced.
2. Research: Start the investigation process with confidence. Make sure your network, your recruiters and everyone involved understand that at this time your research is confidential.
3. Choose: according to the performance indicators of your best employees and your ideal profile for your sales team, hire the best talent you will need to get the figures you need!
4. Make the cuts: First, meet with each of the remaining sales teams to ensure their value to the organization. Then release your underperforming. Ask your human resources professional for help in this step if you need it.
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