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hiring great reps™
Dave Stein's
proven hiring process for sales reps and executives
Executive Summary:
Some consulting firms have estimated that a sales
misfire (a salesperson that is hired, sells nothing and is terminated within
a year) can cost the company from $200k to well over $800k, including salary,
benefits and lost opportunity.
If not trained otherwise, we tend to hire salespeople
who (1) are like us, (2) who sell us effectively in the interview, (3) who
have a track record or (4) are recommended by people that we know. None of
these have proven to be consistently effective, especially the third, since
business conditions are constantly changing and the past does not equal the
future.
Often sales people are good enough to sell to
prospective employers and get hired, but they are not good enough to get the
job done. We uncover this gap and recommend appropriate courses of
action based upon each unique candidate.
The Stein Advantage, Inc. provides, installs and
assists in implementing a process for hiring sales and sales management
candidates that has enabled our clients to be much more certain of the
long-term outcome. Our clients want salespeople who can consistently
deliver revenues, no matter what business conditions exist, quarter after
quarter. More so for sales executives.
Our process is simple to install and implement. What
is required is the commitment of management to following the process and
their participation where required. We work with corporate HR and your
preferred recruiter. (We can recommend competent recruiters if you
wish.)
The core of the process is the Profile. It contains
all the skills, traits and behaviors required of the sales candidate for
success in their job. The performance and behaviors of candidates during
interviews, simulated sales calls and presentations are measured against the
Profile so that gaps in their skills and/or traits can be determined and
quantified.
The Stein Advantage, Inc. works from a unique Profile
template that has been continuously refined for over a decade. That
template is modified based upon the unique requirements and situation for
each client. The result is a high-value core upon which the rest of the
elements of the process are built.
Invest in a
one-hour audio CD on the subject.
Hiring Process
Deliverables
|
Deliverable |
Description |
Comments |
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HIRING MODEL
Format: Document |
This hiring process
defined, with responsibilities and steps required. |
How to construct the
hiring team. Roles for each member. General timeframes.
|
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PROFILE
Format: Document |
This document describes
in-depth, ten to twelve skills and six to eight traits that are required
for success in this job. |
This is the key to the
entire process. This Profile is derived from input from existing
personnel, best-in-class reps from other businesses, customer and/or
partner feedback. The document provides acceptable and unacceptable
levels of demonstrable behavior for each and every skill and trait. |
|
JOB DESCRIPTION
Format: Document |
This document is provided
to recruiters and is the basis of advertisements or job listings. |
|
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RESUME FILTER
Format: Document |
This document is provided
to recruiters. It contains “minimum” requirements to assure that we are
not being flooded with below standard resumes. |
Derived from the Profile. |
|
SCREENING INTERVIEW QUESTIONS
Format: Document |
A
straightforward guide for performing the screening interview, generally
done on the telephone. |
The questions are
designed to assure that the candidate's experience, at least on the
surface, matches the job description. |
|
FIRST ROUND INTERVIEW
QUESTIONS
Format: Document |
Approximately thirty
questions to be asked of candidate during first interview. |
The questions are
designed to probe into the candidate’s experience and get a basic
understanding of their capabilities. Interviewing tips are provided in
the document as well. |
|
SECOND ROUND INTERVIEW
QUESTIONS
Format: Document |
Approximately thirty
questions to be asked of candidate during second interview. |
These no-nonsense
questions force the candidate to respond honestly. Many candidates fall
out of the interviewing process at this step. Interviewing tips for the
hiring team are provided in the document as well. |
|
PSYCHOMETRIC TEST |
Third-party test is administered to candidate to
validate findings. |
|
|
SIMULATION EXERCISE
(SALES CALL)
Format: Document |
Once the candidate has
passed both interviews, they are required to participate in a simulated
sales call with members of the hiring team. |
During this exercise we
can observe how the candidate actually performs. The simulation is
designed to be as real as possible. Sample questions and an evaluation
template are provided. |
|
INSTRUCTIONS TO
CANDIDATE (For Sales Call Simulation)
Format: Document |
The candidate is given
this document so that they can prepare for the simulated sales call. |
|
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SIMULATION
(Presentation)
Format: Document |
We generally recommend
that the candidate participate in a simulated presentation, where they
demonstrate the product that they are currently selling. |
During this exercise we
can observe how the candidate actually performs. The simulation is
designed to be as real as possible. Sample questions and an evaluation
template are provided. |
|
INSTRUCTIONS TO
CANDIDATE (for Presentation Simulation)
Format: Document |
The candidate is given
this document so that they can prepare for the simulated sales call. |
|
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HOW TO PERFORM
REFERENCE CHECKS
Format: Document |
Reference checking often
skipped or done haphazardly. It is a critical step in hiring a
candidate, especially in the sales function. |
Order article "How to
Perform Reference Checks for Sales Candidates," (1497 words).
Order |
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DEVELOPMENT PLAN
Format: Document |
A specific task-driven
ramp-up plan, individually tailored to each candidate, that will enable
them to ramp-up in the shortest period of time. |
The Stein Advantage, Inc.
will provide the template for the plan and will work with management on
its content, but the majority of this will be done by the client. |
|
TRAINING OF HIRING
TEAM
Teleconference (or web)
hiring process training |
Dave Stein trains all
stakeholders in the hiring process during a single telephone or web
conference call. Management, interviewers, HR. |
Generally a 45-60 minute
call. |
|
SALES CANDIDATE
INTERVIEWS WITH DAVE STEIN
Format: Telephone |
Dave Stein normally
interviews candidates after the Second Round interview, before the
simulation. |
Four 45-minute telephone
interview calls are included in this package. An assessment document
will be presented back to the hiring team. Additional calls and/or
face-to-face interviews are optional, for an additional fee. |
Dave Stein’s participation is as follows:
-
Dave provides customized documentation as
listed above after interviewing appropriate client personnel.
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Dave personally trains hiring process team
via teleconference or web seminar.
-
Dave personally interviews actual sales
candidates after Second Round Interview.
For fees, more
information, references and availability, call Dave Stein at
+1 (508) 696-4905.
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