
THE PROBLEM
Does Your Company Need to Formalize Its Revenue Growth Process?
“We're doing $50 million and I know we're capable of doing $100 million – but something isn't working.”
Symptoms of a Revenue Growth Process Problem
- Revenue growth has slowed despite capable sales and marketing people.
- Margins are declining.
- Strategic sales opportunities stall.
- Existing accounts aren't producing to their potential.
- Existing markets aren’t being penetrated.
- Existing products aren’t selling as anticipated.
- Sales reps aren’t generating golden spike sales opportunities.
- The number of referrals and introductions are below expectations.
- New markets and territories aren’t being developed.
- New products and services aren’t being introduced.
The Right Questions are the Starting Point to Solving the Problem
- Is our UVP meaningful and is it being experienced consistently?
- Are we pursuing well-defined markets?
- Are we balancing account development, new account targeting and campaigns?
- Is the marketing process generating enough Sales Qualified Leads?
- Is the sales process producing a healthy sales funnel?
- Are sales opportunities progressing through the funnel for identifiable reasons?
- Why are prospects being lost and why do opportunities stall?
- What is in the queue for developing new markets and new products and services?
Accountability Without Alignment Creates an Organizational Problem
You may have talented people, solid products, a strong customer base, and an excellent reputation—and still be leaving profitable revenue on the table.
- Leadership establishes the right strategy, but mission critical processes don’t support it.
- The sales team has a quota but doesn't control the marketing process, customer experience, product development, pricing, target markets or operational execution.
- Marketing is responsible for growth, but doesn't control the sales process, proposal development, customer relationships or delivery.
- R&D is expected to create new offerings but isn’t led by a SWOT Analysis.
The result is accountability without alignment. The answer isn't necessarily another salesperson or more marketing, or another technology platform. It may begin with something more fundamental: Design the revenue growth process. Assign ownership. Measure how it performs. Improve it continuously.
