Phil Krone

20
Nov

CEO Peer Groups: Your New Competitive Advantage?

Owners, presidents, CEOs, COOs, and other senior executives who participate in peer-learning groups frequently credit them with playing an important—even critical—role in achieving business goals. But they’re not for everyone. Ever since its most recent low point in 2008, the U.S. economy has been expanding along a path of successive highs and the concept of CEO peer groups has been

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10
Oct

Will Potential Buyers See Your Business Development Process as an Asset or Liability?

If and when you decide to sell your company, will potential buyers see your current sales and marketing processes as assets or liabilities? In other words, are they processes that new owners can rely on for growth and profit or that they have to fix? Companies and investors looking to buy other companies always do financial due diligence. Those numbers

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18
Sep

Ready, Set, Network!

The holidays are already on the horizon, and they offer many business and social opportunities for productive networking. Our recommended mantra—”Give Before You Get”—is in tune with the season. The question is “Just how can I do that?” To get started, let’s ask a question:  Is networking the lifeblood of selling? Many business-to-business salespeople would probably say “Yes!” We know that

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16
Aug

How Do the Best Decision-Makers Think?

They tend to focus on the what and why of a decision, not the how. You can help your prospects—and yourself and your team—by guiding them to see the true value in your product or service. All decision-makers have more opportunities and challenges to address than they have time, money, or other resources to address those issues. What sets great decision-makers apart (and leaders, in general)

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16
Jul

What Do We Do Here? Why Does It Matter?

Our presentations and courses grow out of our fundamental business development mantra: Deliver value in every interaction. They offer practical ways to change behavior, develop processes, and build relationships that bring in business for companies, professional services firms, and not-for-profit organizations. Our goals in this column each month are two. First, and essential to ensuring that you read what we have to

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13
Jun

Are Great Questions Really Selling’s Secret Sauce?

Maybe. But here’s the fundamental question about questions: Why are so many of us so reluctant to ask them? Well, some of us can blame well-meaning mothers and fathers. They discouraged “prying” into other people’s lives as “rude.” But even in selling, whose baseline mantra is “Ask good questions,” we’ve found that salespeople and other business developers actually resist asking questions,

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16
Apr

Offshoring and the Failure of Selling

The good news is that manufacturing is returning to the U.S. The bad news is that much of it should never have left in the first place. During some 20 years as an owner of a manufacturing company and in charge of business development, I became convinced that a large portion of the manufacturing work being outsourced from the U.S. should

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13
Mar

Where Do You Get Your New Business?

The who, what, when, where, why, and how that you need for a banner year. “Where do you get your new business?” is a question we’re asked a lot, especially since we teach business-to-business consultative selling skills and sales process development. People expect us to have a good answer, and we do—”referrals.” Unfortunately, those same people usually aren’t satisfied with

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24
Jan

Want Growth? Think Transition, not Change

Why do so many businesses “drop out”? One always easy answer is that they fail to “change.” But there’s a lot more to it than that.Three things inspired this column: A recent sampling of our readers, America’s high school dropout crisis, and my daughter. First, in a recent sample, a number of our readers told us they want to hear

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28
Dec

The Best Business Gift Ever?

Creating value is perhaps the best gift you can give your customers, prospects, and colleagues. Even better, you can do it all year ’round during the sales process—you can provide value before making the sale. A particular set of communication skills is the key. Do you and your team have them? This time of year, especially, giving and receiving command a

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