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www.peterstrohkorbconsulting.com 1
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
with Peter Strohkorb
CEO, Speaker, Author
The Cost of No Decision
www.peterstrohkorbconsulting.com
• 15+ years in senior B2B Sales and Marketing roles
• CEO , offices in Australia and USA
• Business Coach & Executive Mentor
• Creator of the OneTEAM Method for closer Collaboration of Marketing & Sales
• International Business Speaker (invite me to speak at your event)
• Executive MBA Guest Lecturer at the Sydney Business School. Australia
• Board Director x 2 NFPs and Industry Representative Organizations
• Family, soccer, tennis, cooking, fine wine, entertaining
Peter
STROHKORB
www.peterstrohkorbconsulting.com 3
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
Named Global Top 5
Sales & Marketing Collaboration
Expert
By Selling Power Magazine (USA)
www.peterstrohkorbconsulting.com 4
“67% of sales
professionals do not
achieve their personal
sales quota.”
The TAS Group
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
www.peterstrohkorbconsulting.com 5
Only 35% of a sales
rep’s time is spent
selling.”
CSO Insights
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
www.peterstrohkorbconsulting.com
“~17% of a Sales
Reps’ selling time is
lost by looking for, or
modifying, Marketing
Content.
Peter Strohkorb
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
www.peterstrohkorbconsulting.com 7
”Only 25% of
sales leads and
collateral that
Marketing
creates is ever
used by Sales
teams."
IDC
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
www.peterstrohkorbconsulting.com
Boosting The Middle
8
© 2015 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
www.peterstrohkorbconsulting.com
P&L Performance Impact
Base Case
P&L
Reduce
Direct
Selling
Expenses
by 5%
Increase
Sales
Volume by
5%
Raise Price
by 5%
Sales Revenue $100.00 $100.00 $105.00 $105.00
Cost of Goods Sold (COGS) $60.00 $60.00 $63.00 $60.00
Gross Profit $40.00 $40.00 $42.00 $45.00
Fixed Costs $13.00 $13.00 $13.00 $13.00
General Admin Costs $11.00 $11.00 $11.00 $11.00
Direct Selling Expenses $6.00 $5.70 $6.00 $6.00
Profit Before Tax (PBT) in $ $10.00 $10.30 $12.00 $15.00
Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $0.30 $2.00 $5.00
Profit Before Tax (PBT) Increase from Base Case in % 0.0% 3.0% 20.0% 50.0%
* Managing Top-Line Computer Applications"; Stephen P. Hindman & John J. Sviokla;
Harvard Business School Publication # 9-192-098, rev 7/9/92
What are the Financial Benefits ?
9
@pstrohkorb
www.peterstrohkorbconsulting.com
P&L Performance Impact
Base Case
P&L
Reduce
Direct
Selling
Expenses
by 5%
Increase
Sales
Volume by
5%
Raise Price
by 5%
Sales Revenue $100.00 $100.00 $105.00 $105.00
Cost of Goods Sold (COGS) $60.00 $60.00 $63.00 $60.00
Gross Profit $40.00 $40.00 $42.00 $45.00
Fixed Costs $13.00 $13.00 $13.00 $13.00
General Admin Costs $11.00 $11.00 $11.00 $11.00
Direct Selling Expenses $6.00 $5.70 $6.00 $6.00
Profit Before Tax (PBT) in $ $10.00 $10.30 $12.00 $15.00
Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $0.30 $2.00 $5.00
Profit Before Tax (PBT) Increase from Base Case in % 0.0% 3.0% 20.0% 50.0%
* Managing Top-Line Computer Applications"; Stephen P. Hindman & John J. Sviokla;
Harvard Business School Publication # 9-192-098, rev 7/9/92
What are the Financial Benefits ?
10
@pstrohkorb
www.peterstrohkorbconsulting.com
P&L Performance Impact
Base Case
P&L
Reduce
Direct
Selling
Expenses
by 5%
Increase
Sales
Volume by
5%
Raise Price
by 5%
Sales Revenue $100.00 $100.00 $105.00 $105.00
Cost of Goods Sold (COGS) $60.00 $60.00 $63.00 $60.00
Gross Profit $40.00 $40.00 $42.00 $45.00
Fixed Costs $13.00 $13.00 $13.00 $13.00
General Admin Costs $11.00 $11.00 $11.00 $11.00
Direct Selling Expenses $6.00 $5.70 $6.00 $6.00
Profit Before Tax (PBT) in $ $10.00 $10.30 $12.00 $15.00
Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $0.30 $2.00 $5.00
Profit Before Tax (PBT) Increase from Base Case in % 0.0% 3.0% 20.0% 50.0%
* Managing Top-Line Computer Applications"; Stephen P. Hindman & John J. Sviokla;
Harvard Business School Publication # 9-192-098, rev 7/9/92
What are the Financial Benefits ?
11
@pstrohkorb
www.peterstrohkorbconsulting.com
P&L Performance Impact
Base Case
P&L
Reduce
Direct
Selling
Expenses
by 5%
Increase
Sales
Volume by
5%
Raise Price
by 5%
Sales Revenue $100.00 $100.00 $105.00 $105.00
Cost of Goods Sold (COGS) $60.00 $60.00 $63.00 $60.00
Gross Profit $40.00 $40.00 $42.00 $45.00
Fixed Costs $13.00 $13.00 $13.00 $13.00
General Admin Costs $11.00 $11.00 $11.00 $11.00
Direct Selling Expenses $6.00 $5.70 $6.00 $6.00
Profit Before Tax (PBT) in $ $10.00 $10.30 $12.00 $15.00
Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $0.30 $2.00 $5.00
Profit Before Tax (PBT) Increase from Base Case in % 0.0% 3.0% 20.0% 50.0%
* Managing Top-Line Computer Applications"; Stephen P. Hindman & John J. Sviokla;
Harvard Business School Publication # 9-192-098, rev 7/9/92
What are the Financial Benefits ?
12
@pstrohkorb
www.peterstrohkorbconsulting.com
“In any moment of decision, the best thing you can do is
the right thing. The next best thing is the wrong thing.
And the worst thing you can do is nothing.”
Theodore Roosevelt
13
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
www.peterstrohkorbconsulting.com 14
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
Formula: Total # of Reps x TRC $ per Rep p.a. x 17%
The Cost of ‘Doing Nothing’:
www.peterstrohkorbconsulting.com 15
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
The Revenue Cost of ‘Doing Nothing’
The Cost of Forgone Sales:
Formula: # of Reps x Sales target each x 17%
www.peterstrohkorbconsulting.com
Excessive cost
on the business
16
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
Unattractive
work
environment
Loss of revenue
www.peterstrohkorbconsulting.com 17
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
The OneTEAM Method is our
5-Step, ‘People-First’
Collaboration Methodology
www.peterstrohkorbconsulting.com 18
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
Collaboration Delivers Performance…
www.peterstrohkorbconsulting.com
360o Customer Focus
Sales helps Marketing,
Marketing helps Sales:
Everybody wins
19
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
www.peterstrohkorbconsulting.com
The 5-Steps of the OneTEAM Method
20
© 2015 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
www.peterstrohkorbconsulting.com 21
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
2 x Free
Self-Assessment Tests
OneTEAM Method™
How To Run a CX Transformation
Market Responsiveness Index (MRI)™
NPS
www.peterstrohkorbconsulting.com
The Benefits of Sales Enablement
23
More Sales, Profit
Better CX
Higher Calibre Talent
Higher Productivity/Less Waste
Technology ROI
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
www.peterstrohkorbconsulting.com 24
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
“Peter‘s method was a
game changer for us.”
NFP Example
www.peterstrohkorbconsulting.com 25
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
“Our best quarter yet.”
Corporate Example
www.peterstrohkorbconsulting.com 26
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
26
More Sales, Profit
Enterprize Example
1. Assessment
2. Consulting
3. Change Management“We absolutely
got value from
Peter.”
www.peterstrohkorbconsulting.com
Thank You
27
admin@peterstrohkorbconsulting.com
www.peterstrohkorbconsulting.com
© 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
www.peterstrohkorb.com

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The cost of not making a decision

  • 1. www.peterstrohkorbconsulting.com 1 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved with Peter Strohkorb CEO, Speaker, Author The Cost of No Decision
  • 2. www.peterstrohkorbconsulting.com • 15+ years in senior B2B Sales and Marketing roles • CEO , offices in Australia and USA • Business Coach & Executive Mentor • Creator of the OneTEAM Method for closer Collaboration of Marketing & Sales • International Business Speaker (invite me to speak at your event) • Executive MBA Guest Lecturer at the Sydney Business School. Australia • Board Director x 2 NFPs and Industry Representative Organizations • Family, soccer, tennis, cooking, fine wine, entertaining Peter STROHKORB
  • 3. www.peterstrohkorbconsulting.com 3 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved Named Global Top 5 Sales & Marketing Collaboration Expert By Selling Power Magazine (USA)
  • 4. www.peterstrohkorbconsulting.com 4 “67% of sales professionals do not achieve their personal sales quota.” The TAS Group © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
  • 5. www.peterstrohkorbconsulting.com 5 Only 35% of a sales rep’s time is spent selling.” CSO Insights © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
  • 6. www.peterstrohkorbconsulting.com “~17% of a Sales Reps’ selling time is lost by looking for, or modifying, Marketing Content. Peter Strohkorb © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
  • 7. www.peterstrohkorbconsulting.com 7 ”Only 25% of sales leads and collateral that Marketing creates is ever used by Sales teams." IDC © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
  • 8. www.peterstrohkorbconsulting.com Boosting The Middle 8 © 2015 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
  • 9. www.peterstrohkorbconsulting.com P&L Performance Impact Base Case P&L Reduce Direct Selling Expenses by 5% Increase Sales Volume by 5% Raise Price by 5% Sales Revenue $100.00 $100.00 $105.00 $105.00 Cost of Goods Sold (COGS) $60.00 $60.00 $63.00 $60.00 Gross Profit $40.00 $40.00 $42.00 $45.00 Fixed Costs $13.00 $13.00 $13.00 $13.00 General Admin Costs $11.00 $11.00 $11.00 $11.00 Direct Selling Expenses $6.00 $5.70 $6.00 $6.00 Profit Before Tax (PBT) in $ $10.00 $10.30 $12.00 $15.00 Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $0.30 $2.00 $5.00 Profit Before Tax (PBT) Increase from Base Case in % 0.0% 3.0% 20.0% 50.0% * Managing Top-Line Computer Applications"; Stephen P. Hindman & John J. Sviokla; Harvard Business School Publication # 9-192-098, rev 7/9/92 What are the Financial Benefits ? 9 @pstrohkorb
  • 10. www.peterstrohkorbconsulting.com P&L Performance Impact Base Case P&L Reduce Direct Selling Expenses by 5% Increase Sales Volume by 5% Raise Price by 5% Sales Revenue $100.00 $100.00 $105.00 $105.00 Cost of Goods Sold (COGS) $60.00 $60.00 $63.00 $60.00 Gross Profit $40.00 $40.00 $42.00 $45.00 Fixed Costs $13.00 $13.00 $13.00 $13.00 General Admin Costs $11.00 $11.00 $11.00 $11.00 Direct Selling Expenses $6.00 $5.70 $6.00 $6.00 Profit Before Tax (PBT) in $ $10.00 $10.30 $12.00 $15.00 Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $0.30 $2.00 $5.00 Profit Before Tax (PBT) Increase from Base Case in % 0.0% 3.0% 20.0% 50.0% * Managing Top-Line Computer Applications"; Stephen P. Hindman & John J. Sviokla; Harvard Business School Publication # 9-192-098, rev 7/9/92 What are the Financial Benefits ? 10 @pstrohkorb
  • 11. www.peterstrohkorbconsulting.com P&L Performance Impact Base Case P&L Reduce Direct Selling Expenses by 5% Increase Sales Volume by 5% Raise Price by 5% Sales Revenue $100.00 $100.00 $105.00 $105.00 Cost of Goods Sold (COGS) $60.00 $60.00 $63.00 $60.00 Gross Profit $40.00 $40.00 $42.00 $45.00 Fixed Costs $13.00 $13.00 $13.00 $13.00 General Admin Costs $11.00 $11.00 $11.00 $11.00 Direct Selling Expenses $6.00 $5.70 $6.00 $6.00 Profit Before Tax (PBT) in $ $10.00 $10.30 $12.00 $15.00 Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $0.30 $2.00 $5.00 Profit Before Tax (PBT) Increase from Base Case in % 0.0% 3.0% 20.0% 50.0% * Managing Top-Line Computer Applications"; Stephen P. Hindman & John J. Sviokla; Harvard Business School Publication # 9-192-098, rev 7/9/92 What are the Financial Benefits ? 11 @pstrohkorb
  • 12. www.peterstrohkorbconsulting.com P&L Performance Impact Base Case P&L Reduce Direct Selling Expenses by 5% Increase Sales Volume by 5% Raise Price by 5% Sales Revenue $100.00 $100.00 $105.00 $105.00 Cost of Goods Sold (COGS) $60.00 $60.00 $63.00 $60.00 Gross Profit $40.00 $40.00 $42.00 $45.00 Fixed Costs $13.00 $13.00 $13.00 $13.00 General Admin Costs $11.00 $11.00 $11.00 $11.00 Direct Selling Expenses $6.00 $5.70 $6.00 $6.00 Profit Before Tax (PBT) in $ $10.00 $10.30 $12.00 $15.00 Profit Before Tax (PBT) Increase from Base Case in $ $0.00 $0.30 $2.00 $5.00 Profit Before Tax (PBT) Increase from Base Case in % 0.0% 3.0% 20.0% 50.0% * Managing Top-Line Computer Applications"; Stephen P. Hindman & John J. Sviokla; Harvard Business School Publication # 9-192-098, rev 7/9/92 What are the Financial Benefits ? 12 @pstrohkorb
  • 13. www.peterstrohkorbconsulting.com “In any moment of decision, the best thing you can do is the right thing. The next best thing is the wrong thing. And the worst thing you can do is nothing.” Theodore Roosevelt 13 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
  • 14. www.peterstrohkorbconsulting.com 14 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved Formula: Total # of Reps x TRC $ per Rep p.a. x 17% The Cost of ‘Doing Nothing’:
  • 15. www.peterstrohkorbconsulting.com 15 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved The Revenue Cost of ‘Doing Nothing’ The Cost of Forgone Sales: Formula: # of Reps x Sales target each x 17%
  • 16. www.peterstrohkorbconsulting.com Excessive cost on the business 16 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved Unattractive work environment Loss of revenue
  • 17. www.peterstrohkorbconsulting.com 17 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved The OneTEAM Method is our 5-Step, ‘People-First’ Collaboration Methodology
  • 18. www.peterstrohkorbconsulting.com 18 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved Collaboration Delivers Performance…
  • 19. www.peterstrohkorbconsulting.com 360o Customer Focus Sales helps Marketing, Marketing helps Sales: Everybody wins 19 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
  • 20. www.peterstrohkorbconsulting.com The 5-Steps of the OneTEAM Method 20 © 2015 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
  • 21. www.peterstrohkorbconsulting.com 21 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved 2 x Free Self-Assessment Tests
  • 22. OneTEAM Method™ How To Run a CX Transformation Market Responsiveness Index (MRI)™ NPS
  • 23. www.peterstrohkorbconsulting.com The Benefits of Sales Enablement 23 More Sales, Profit Better CX Higher Calibre Talent Higher Productivity/Less Waste Technology ROI © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved
  • 24. www.peterstrohkorbconsulting.com 24 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved “Peter‘s method was a game changer for us.” NFP Example
  • 25. www.peterstrohkorbconsulting.com 25 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved “Our best quarter yet.” Corporate Example
  • 26. www.peterstrohkorbconsulting.com 26 © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved 26 More Sales, Profit Enterprize Example 1. Assessment 2. Consulting 3. Change Management“We absolutely got value from Peter.”
  • 27. www.peterstrohkorbconsulting.com Thank You 27 admin@peterstrohkorbconsulting.com www.peterstrohkorbconsulting.com © 2016 Peter Strohkorb Consulting International Pty Ltd, all rights reserved www.peterstrohkorb.com