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For all of the companies out there dedicated to being inbound organizations and helping their customers succeed, there are ten more who aren’t. It is not uncommon for inbound to enter an organization through the marketing or sales department first. This means that often the first hurdle to becoming an inbound organization is getting leadership buy-in. [0:43] Question: What do You do if Your Leadership Doesn’t Buy into Inbound? Education is often the first step on the road to becoming an inbound organization. The sales or marketing department (or even just one of two people internally) are faced with the task of educating leadership and selling inbound internally. Understanding what inbound means and the changes that precipitated it are key steps to securing leadership buy-in. One of these changes includes increased competition, a fact that most leadership is keenly aware of. Most companies today have more competition than they did in years past, and buyers find that competition faster than ever before. With the internet at their fingertips, buyers are empowered to educate themselves and discover options like they never were in the past. This has fundamentally changed the buyers and the buying process itself, which is something many leaders don’t believe. Or, rather, they don’t believe it of their buyers, although they might admit it’s true of buyers in other industries. For older, larger companies it is not uncommon for leadership to persist in this belief that their buyers are the exception to this change. Often, they are still enjoying success and growth, so why should they believe that their buyers have changed? Unfortunately, the more time goes by the harder and harder it is to maintain previous levels of growth and success. So, how do you convince leadership that their buyers have changed, they face more competition, and the answer is to adapt and adopt inbound? The first step, as we said above, is education. Get your leadership team the resources they need to learn about inbound. There are plenty of books out there (you can find links to some of our favorite in the Links section of this post), but a quick google search for inbound + your industry should return any number of industry-specific articles and resources. Once you’ve secured some tentative buy-in, you can begin exploring other avenues like reaching out to an advisor or consultant. We also recommend taking the Inbound Organization Assessment on our website to see where your weaknesses are and where you can improve. Ultimately the goal is to get buy-in from all departments, not just leadership, and begin creating MSPOTs, Culture Codes, Inbound Operating Systems, and becoming an inbound organization. Leaderships support makes that much easier, however. [14:35] Dan's Rant Inbound is a pivot point. Yes, this is how your customers think, and yes, you do need to change. Every week you don’t become inbound your competition is, and they are getting farther ahead and reaping the rewards. [15:13] Todd's Truth “Inbound is about the size of your brain not the width of your wallet.” Brian Halligan in Inbound Organization It’s not necessarily about how much you spend; it’s about how strategic you are. [17:46] 3 Takeaways Here are three steps you can take to begin the process of convincing your leadership to buy into inbound. Tell a story – Show specific results and tell the story of where you are and where you could be. Bonus points if you can hold up a competitor as practicing inbound. Get sales buy-in – If you can get sales to buy in, it helps convince leadership of the potential of inbound. Run tests – Test a campaign or piece of content and use the results to prove the efficacy of inbound internally. Links Take the Inbound Organization Assessment (https://www.inboundorganization.com/inbound-organization-assessment) Bonus chapter – IMPACT Branding Case Study (https://www.inboundorganization.com/impact-case-study) Inbound Marketing – Brian Halligan and Dharmesh Shah (https://www.amazon.com/Inbound-Marketing-Found-Google-Social/dp/0470499311) Inbound Selling – Brian Signorelli (https://www.amazon.com/Inbound-Selling-Change-Match-People/dp/1119473411/) Inbound PR – Iliyana Stareva (https://www.amazon.com/Inbound-PR-Agencys-Transforming-Business/dp/1119462215/) Inbound Content – Justin Champion ( https://www.amazon.com/Inbound-Content-Step-Step-Marketing/dp/1119488958/) We’re extending the MSPOT contest! You can download the MSPOT template, submit it for review, and anyone who submits an MSPOT will be entered into the contest. The first-place winner will win an hour to review their MSPOT with Todd and Dan! Download and Submit Your MSPOT (https://www.inboundorganization.com/mspot-review) P.S. Are you enjoying the podcast? Did you read Inbound Organization? Taking a quick moment to rate and review Inbound2Grow and Inbound Organization on whatever service you use is the best way to let us know how we’re doing. Your ratings and reviews make a big difference, and we appreciate you taking the time to provide your feedback. Thanks to Rebecca Miller our podcast editor, social media coordinator, and blogger and to Zachary Jameson for producing the audio for the podcast. Check out Zachary on Upwork if you need podcast audio services.
The Inbound Organization and How Sales is Changing with Guests, Dan Tyre and Todd Hockenberry This week HubSpot's Dan Tyre joins us for his second appearance on the podcast. We are also joined by the co-author of The Inbound Organization, Todd Hockenberry. We discuss a number of topics, including what it means to be an Inbound Organization, how the sales profession continues to change, why the buyer should be your focal point, and the difference between understanding the desired outcomes of your client vs being a "problem solver". Questions Addressed "Everyone wants to grow, no one wants to change" - what does this mean? How do I handle the internal conflict? What is the difference between "Change" and ongoing implementation/adoption of "Tactics"? What are some of the things we can do within our organizations to improve alignment? "To DO Inbound, You have to BE Inbound" - what does this mean to Todd & Dan? What is the inbound ecosystem? How does the inbound organization impact us at an individual rep level? How does this approach translate into other roles within the organization? What does the future look like? Show Links Dan Tyre Todd Hockenberry Rachel Leist Link to MSPOTs article referred to during the podcast InboundOrganization.com Assessment MSPOT Territory Planning that Works Catalyst Sale Workshops & Training Thank you Thank you for rating and reviewing the podcast via iTunes, Google Play, or your favorite podcast platform. Ratings & reviews help others discover the podcast - thank you for helping us get our message out to the community. Please send listener questions and feedback to hello@catalystsale.com or contact us directly on twitter, facebook or LinkedIn. Catalyst Sale Service Offerings Growth Acceleration - Plateau Breakthrough Product Market Fit ---------------------- Subscribe to the Catalyst Sale Podcast Subscribe via iTunes Subscribe via Google Play Catalyst Sale In every business, in every opportunity, there is someone who can help you navigate the internal challenges and close the deal. There is a Catalyst. We integrate process (Catalyst Sale Process), technology and people, with the purpose of accelerating revenue. Our thoughtful approach minimizes false starts that are common in emerging markets and high-growth environments. We continue to evolve our practice based on customer needs and emerging technology. We care about a thinking process that enables results versus a process that tells people what to do. Sales is a Thinking Process.
How do you make decisions in your organization? Inbound organizations make decisions with what is best for the entire organization in mind. Decision making within inbound organizations is also not confined to the upper echelons of leadership and management. Rather, an inbound organization leverages transparency and inbound methods to empower employees to make all but the most critical of decisions. So, what is an inbound decision? Show Notes [0:42] Question: What Constitutes an Inbound Decision? An inbound decision is focused on maximizing enterprise value (EV) and customer value. This puts the company’s decision before any other decision (individual or department) and, while this may seem opposed to inbound belief and typical methodology, it actually fits in perfectly with inbound. This is because an inbound organization has a company culture and mission with drives and focuses them on helping their customers succeed. With all aspects of the company focused on customer success it means that any decision which maximizes EV also, as a result, maximizes customer success as well. Put another way, the company’s success is intrinsically tied to the customer's success. Inbound decisions balance what is best for the customer, employees, and company. There are three parts of a good inbound decision: Using good judgment – not just going through the motions or parroting a policy manual. Consider the optionality tax- you don’t have to make a decision. In fact, there are many decisions that you shouldn’t make, things you should say no to, and those things should be part of the omissions section of your MSPOT. By including your omissions, you are demonstrating that the option was mindfully considered and that the decision not to pursue it was a choice and not an oversight. Don’t make uninspired compromises – don’t take the path of least resistance or refuse to make a decision because it will make someone unhappy. When businesses make decisions to avoid making people unhappy they invariably end up making the worst kinds of decisions. Someone has to make a decision, and not everyone is going to be happy, but if you make the best decision to solve for EV then it will be a good, inbound decision. [14:55] Dan’s Rant If you’re not familiar with the Norrington Decision-Making Matrix, then Dan thinks you should be. The decision matrix was created by Lorrie Norrington, lead director for the HubSpot Board of Directors. Be sure to visit inbound2grow.com for the Norrington Decision-Marking Matrix. [16:21] Todd’s Truth “Transparency without context is chaos.” JD Sherman Inbound companies are transparent which allows their employees to have the right and relevant information in context to make good decisions. Transparency informs your employees. Your mission guides your employees. Decision making based on EV and customer value focuses them on driving inbound results. [16:32] 3 Takeaways List your omissions! It is vital to understand the optionality tax Ask yourself if you trust your employees to make good decisions? Why or why not? Do you tolerate uninspired compromises? Links Take the Inbound Organization Assessment (https://www.inboundorganization.com/inbound-organization-assessment) We're still accepting MSPOTs for review! Download a copy of the template here: MSPOT Template (https://www.top-line-results.com/hubfs/MSPOT%20template.xlsx) www.inboundorganization.com/resources-and-articles
Let’s talk about the world of MSPOTs! What is an MSPOT, who needs one, why would you need one, and who creates it? In this episode, Dan and Todd break down the ins and the outs of MSPOTs and challenge you to start creating your own organizational MSPOT. Show Notes [1:06] Question: Why is an MSPOT so important? Mission Strategies Play Omissions Targets An MSPOT puts your missions and strategies and goals on one page and makes them easy to consume. Any company, especially those with 3 employees or more, can benefit from an MSPOT because it gives every employee the information they need to work toward the goals of the company. Just the act of creating an MSPOT can be a powerful and impactful experience. Even for an entrepreneur who has no employees, going through the process of creating an MSPOT and focusing on articulating your priorities is valuable. MSPOTs begin with a companies leadership defining the overall goals of the entire business. For larger operations, managers or even individuals often create their own MSPOTs that fit within the larger company goals. Every level of the organization should have an MSPOT. [8:43] What Does MSPOT Stand For? M is for mission, the statement that defines your organization. Your mission will set your direction and make sure everyone is working toward the same overarching goal. S is for strategies. Strategies are the outline of how you will deliver on your mission. P is for plays or projects. This is where you define the handful of initiatives that will support the overall mission and strategies. This could encompass products or marketing initiatives, things of that nature. O is for omissions. Omissions are strategies, plans, projects, or plays that are not a priority for the company. This is where you really focus and decide where you aren’t going to be spending your energy. T is for targets. Your targets should be the metrics that allow you to track toward your goals. [16:08] Dan’s Rant Get an MSPOT. Simple and sweet, an MSPOT will change the way your company sets, tracks, and meets goals. [16:21] Todd’s Truth MSPOTs reduce uncertainty, deliver clarity, and drive alignment for everyone in the organization. [16:32] 3 Takeaways Download the MSPOT template Complete it from the top down Start building out your divisional MSPOTs Links MSPOT Template (https://www.top-line-results.com/hubfs/MSPOT%20template.xlsx) www.inboundorganization.com/resources-and-articles Take the Inbound Organization Assessment (https://www.inboundorganization.com/inbound-organization-assessment)