Sales teams today need a new type of leader—one who can succeed in a sales environment with tighter budgets, longer sales cycles, and a changing buyer landscape in which sales is now a last-mile activity.
“There's a particular type of sales leader that's more effective in this environment,” says Adam Thorp, Senior Partner, ANZ Practice Leader Sales Effectiveness and Transformation at Korn Ferry. “They are proactive in the market, consultative, strategic, and commercially minded.” Successful sales leaders are agents of change, he adds, aligning their team with the business strategy and allowing salespeople to “get on with their jobs”.
Having the right sales leaders in place is not just a nice-to-have. It can make or break the success of the sales team. Our 2024 Sales Maturity Survey found that when organizations have strong sales leadership practices, they see a lift in quota attainment, win rates, and seller engagement.
So what does it take to run an effective sales team? Three crucial elements, according to Thorp.
“You need the right leadership qualities, commercial acumen, and know-how to manage the sales function. Where we see sales leaders with these three strong attributes and skills, we also see accountability—which translates into trusted relationships within sales teams and with clients.”
Here’s what these attributes look like in practice.
1 Effective Leadership Qualities
Top sales leaders know how to create and communicate a vision and direction that motivates their team to achieve their targets.
This also requires high emotional intelligence (EI). Korn Ferry research shows that a high EI in leaders helps foster better work environments and improve employee engagement. And, as talent retention rates are a global concern, this quality will always remain important.
Collaboration is also a critical skill for sales leaders. The World’s Most Admired Companies agree that it is the one behavior that will have the most positive impact on business outcomes. And sales organizations around APAC that work closely with customer service are reaping significant benefits, achieving 20% higher quota attainment, 14% higher win rates, and 33% less customer churn.
“We see the strongest performance in organizations where customer service teams are engaged very early in the sales process. Because they are involved in early conversations, they understand the customer, rather than receiving a blind handover,” Thorp observes.
2 Commercial Acumen—Turning Strategy into Action
Top sales leaders put customers first. They understand the buyer journey and know how to continually align their sales processes and teams with evolving customer needs and activities.
“Effective sales leaders also understand how to take the company strategy and distill it into an actionable roadmap with two or three core focus areas for their sales teams,” Thorp explains. “They then build a sales program with activities that support these areas.”
Understanding how the right technology can support seller activities and help them close deals faster is also critical. This involves making sure teams adopt deployed technology into their practices faster.
And Thorp says adoption starts with leadership. “Adoption is about the way leaders onboard, train and coach their people. Leaders we see in top-performing organizations have the CRM open at every meeting and every review. It's the only way to make sure these things become habitual.”