If you're still with me, you have at least a vague inkling that a visceral understanding and application of Lean principles can have a dramatic effect on sales effectiveness. (...and, oh baby, can it!!!) Think about your sales process in terms of the 5 Lean basics:
- Value - Answer two questions about each activity you perform. What value does it provide to the customer? What value does it provide to your company? If your answer to both is something like, "not much," stop wasting time on that activity.
- Value Stream - Write down the key milestones that must be reached to win a deal. Take it from identifying a potential opportunity through verifying that the customer is satisfied with what you delivered. Put them in the proper sequence. (In other words, write down the stages in your sales funnel.) Consistently follow the steps in sequence.
- Flow - Identify the major factors that keep an opportunity from flowing smoothly and continuously through your funnel. Work with your colleagues to figure out ways to reduce the impact of those factors.
- Pull - Identify a few situations where it was the customer that drove your sales process. Why did that happen? What caused it? What can you and your company do to re-create those circumstances? Does this thought process suggest any changes that should be made to your value stream?
- Perfection - Repeat the above four steps until your sales process is perfect. (Obviously you will never attain perfection, but you just might achieve excellence if you do it well and keep at it long enough.)
Pick up a copy of Lean Thinking
Think about it…
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