For optimal viewing experience, please use a supported browser such as Chrome or Edge

Download Edge Download Chrome

The New Reality for Sales Managers

Published on October 31, 2016 | 2 min read |

Today’s sales managers are more than revenue generators. They’re also responsible for accurate forecasting, which impacts every level of the business. By going beyond raw sales figures to utilize available data and analysis, they can guide their teams—and your company—to greater success.

This increased accountability encourages managers to use their business’s data to understand what’s really driving ROI—as well as the company’s strengths and weaknesses. By determining underlying causes rather than just relying upon results, they’ll be better armed to both create efficiencies and boost effectiveness.

Using Data Wisely

The days of estimated forecasts are gone. Now, there’s enough data at sales managers’ disposals to determine which specific sales activities are delivering results, and how. An astute manager can:

  • Pour resources into activities that are working well
  • Proactively address those activities that need to be adjusted
  • Pinpoint managerial methods to promote the most successful activities
  • Stimulate sales reps to focus on success-building insights and activities

Taking Responsibility

If sales managers are going to do this, it requires greater accountability across the board. This will mean:

  • Setting clear expectations for each role on the team—including managers
  • Holding teams responsible for performance, which encourages shared accountability to one another
  • Embracing and working through conflict by initiating tough conversations and sharing observations on performance
  • Regularly giving praise to team members in addition to issuing challenges

Related Resources

SecurityArticles
Protect Your Business from Year-End Scams
As the year draws to a close, many businesses are focused on wrapping up financials, paying vendors, processing bonuses, and preparing for tax season. Unfortunately, cybercriminals know this too—and they often ramp up their efforts to take advantage of the busy year-end period. Here’s what businesses need to know to stay safe from common scams […]
Small Business BankingArticles
How a Unified Payroll and HR Platform Can Help Your Business Grow
Managing payroll, HR, and benefits is one of the most important responsibilities for any business—but it’s also one of the most complex. From tax filings and compliance to employee engagement and retention, these functions touch every part of your organization. Yet many businesses still rely on disconnected systems and manual processes that slow them down. […]
Small Business BankingArticles
Why Your Business Needs More Than Just a Bank Account
Beyond the Basics Opening a business account is often seen as the first step in building a financial foundation. But in today’s environment where fraud is evolving, cash flow is unpredictable, and efficiency is crucial – businesses need more than a place to store deposits. They need a financial partner who can help them manage […]

Connect With Us

Learn more about Webster products, services and the communities we serve.