“Leaders are made, not born. Leadership is forged in times of crisis. It is easy to sit there with your feet up on the desk and talk theory…….It is another thing to lead when your world comes tumbling down” Lee Iacocca.
As the savior of Chrysler, Lee Iacocca believes that leaders are made in a time of crisis. The crisis of a nation such as Sir Winston Churchill faced in 1939 and the crisis of a corporation such as Iacocca faced in 1978. Leadership is about who we are and how we behave, we can learn to develop our behavior and become more successful leaders. Here are the nine qualities Iacocca believes are needed for effective leadership.
A leader needs to be curious, to step out of his comfort zone and to listen others' different, possibly challenging ideas. Without challenging our thinking and belief’s how do we know we are right?
Leaders need to be willing to try something new, to think outside of the box. Part of a leader’s role is to manage change.Circumstances alter constantly, a leader needs to adapt and creatively deal with those changes.
Effective leaders confront realities, even when it is painful to do so. They communicate the truth, suggest strategies to move forward, inviting others to share their ideas and become involved as part of the solution.
Character means knowing the difference between right and wrong, it is about our moral and ethical strength. It is what is deep inside us, both when things go well and wrong. Ideally our reputation and our character should be mirror images. As Abraham Lincoln said: “Character is like a tree and reputation like its shadow. The shadow is what we think of it; the tree is the real thing.”
A leader must have courage. The courage to sit down at the table and talk, to defend what is right even when it might be unpopular.
A leader should passionately believe in their goals and be determined to achieve them.
Charisma is the quality that inspires, that makes others trust you, follow you and believe that they have a valid role to play as part of the vision.
A leader needs to be competent and to surround themselves with people who know what they are doing as competent problem solvers.
9. Common Sense
Leaders need to be able to reason and use common sense!
When Iacocca joined Chrysler in 1978 it announced a $160 million quarterly loss, it was appallingly managed, lacking organizational discipline and structure. Harsh measures were needed, measures which Iacocca had the courage to implement. Visiting every Chrysler plant he learned how employees felt and he devised a rescue plan. Never asking others anything he wasn’t prepared to accept himself; hard work, commitment and for himself a salary of one dollar a year. Inspired by their leader’s honesty, common sense, conviction and passion employees accepted losses in wages and benefits to help effect a dramatic recovery. Iacocca bought a company teetering on bankruptcy back to life, retaining employment for thousands and making an enormous contribution to the American economy.
In today’s competitive, depressed economy, Iaccoa’s story is inspirational. Try applying his nine C’s of leadership, always do your best and do let us know what other ideas you might have to be an effective leader.
Customers’ objections are a normal part of the sales process. Here are Integratis’ 8 tips to develop the skills and strategies to handle objections effectively and be more successful in selling.
Confidence is critical in all aspects of the sales process but especially when handling objections. People assess your confidence by your body language in 3 ways:
Your Manner: remain calm, welcoming the concern.
Your Expression: don’t panic or look alarmed but equally don’t be dismissive or overconfident.
Your Tone of Voice: remain serious and unwavering, conveying your wish to resolve the customer’s concerns.
2. Listening skills
Never respond to an objection until you are sure you understand it. Listen attentively, it will show your sincerity and desire to understand the concern. Let the customer do the talking! Make eye contact; be aware of your facial expression, posture, and stance. Take notes and refer to them. Stay focused on the customer; be sensitive to their feelings, noting their body language, and facial expressions. Don’t interrupt but try to summarize when appropriate using your notes to show you were listening.
3. Acknowledge the customer’s concern
Never ignore the objection always acknowledge it. Be sincere and empathize, go with the flow, not against it. Mentally walk with the customer. If applicable use reference stories and validate the concern.
Ask questions to clarify your grasp of the customer’s concern. Make this dialogue two-way, verifying you both share and understand the objection and its’ root cause. Use open questions to help you to explore and probe. For example: “Who else do you think would be concerned about this?” Use closed questions to help you get straight to the point: For example: “This sounds as though it’s a big issue for you right now, am I right?”
Restating often uncovers a hidden objection because it shows you care and encourages customers to talk further, revealing other concerns. First paraphrase the initial objection to reinforce your sincerity. Then summarise the subsequent dialogue focusing on how you have clarified the concern. Finally state the real objection, as agreed to by the customer during the discussion reconfirming your understanding of the issue. At this point consider a ‘trial close’ - “if I was able to put your mind at ease on this issue, would that mean that you are comfortable with the remainder of what we have discussed?”
Responding is especially critical if the objection is linked to a competitive comparison. A good response can demonstrate that you can do all that the competition can do….and more! Be confident and positive in your response or agree to return to the issue later; either later in the meeting (whenever possible), or in a later meeting (in which case you should set this meeting up before closing the call. Then confirm that the customer is satisfied and comfortable with your response.
7. Appropriate responses
If the customer is sceptical provide proof regarding what you have told them and always answer any misunderstandings. If there are product concerns, emphasize product benefits and value. If it appears that a decision is not going to be made create a sense of urgency, stress the business benefits and always check you are talking to the right person!
8. Know when not to respond
Don’t respond if you don’t fully understand the objection, keep asking questions until you do. If you realize that you will need to address the concern later in the meeting, seek the customer’s agreement to do so. When you don’t have a convincing response agree a plan with the customer to address the issue later, checking you have grasped the main objection and have addressed all other concerns. If you have to adopt this approach, make sure you make an appointment to get back to the customer.
Maybe you have further sales objection handling techniques you would like to share? We would love to hear from you!