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The way forward is clear, right?
Cracking the Code on Workforce
Productivity
Christopher Morace, Chief Strategy Officer
© Jive confidential
PROCESS
AUTOMATION
24 HR WORKDAY
Engineered as far as we can.
Took the human element out.
Given up boundaries when work starts and ends.
of the work week spent writing
emails and searching for
information
28 hours
© Jive confidential
Hope in the “Nexus of Forces”
“The Nexus of Forces is the
convergence and mutual
reinforcement of social,
mobility, cloud and
information patterns that
drive new business
scenarios.”
“The Nexus of Forces: Social, Mobile, Cloud and Information”
Gartner, June 14, 2012
© Jive confidential
80% of social efforts to get business value are failing
“Predicts 2013: Social and Collaboration Go Deeper and Wider”
Gartner, November 28, 2012
© Jive confidential
BEWARE THE
FALSE VALUE.
Not all business value is created equal
A lot of things sound appealing at the front end
© Jive confidential
“51% feel more connected to their
organization’s mission and goals” “50% can locate relevant information and
people faster.”
“79% are exposed to more new ideas and
innovations in their organization.”
“76% have more visibility into work
happening in other departments or
locations.”
“68% say that social simplifies the process
of communicating with colleagues in
different locations or departments.”
THIS AIN’T IT.
© Jive confidential
13%
revenue improvement
per sales rep
The Value Of Changing
The Way Sales Is Enabled
Jive Customer Results
Increase in Deal Size
Grow size of deals substantially using Jive by aligning
the right team and following a sales process.
•86% of users said Jive helped them improve internal
communications
•71% stated that Jive helped improve pitch/proposal quality.
23%
Reduction in On Boarding
Train and on board new reps faster on Jive, reducing
costs and enabling you to capture sales faster.
•82% found Jive valuable at discovering best practices.
•65% found it valuable at building a network.
Reduction of Sales Support Needs
Reduce sales support needs via better self-help from
reuse of existing knowledge and easier access to
tools and resources.
•88% said Jive was valuable for accessing knowledge and
information
Overall Revenue Improvement of 8% to 13% per rep
In Addition
Reduce salesperson turnover by improving performance, lowering frustrations, and
creating better connectedness between employees.
5%
14%
SOURCE: Jive customer survey · Nov. 2012 · Completed by a Top 3 consulting firm.
EX: Sales Enablement
THIS IS.
Business outcomes need to be the focus.
© Jive confidential
#1
START IN THE
RIGHT PLACE.
© Jive confidential
… Jive has 32 proven ways to get started.
Want access to this? Fill out the contact form on the next slide!
© Jive confidential
#2
PICK THE RIGHT
PLATFORM.
 Purpose Built for Your Use Case
 Ease of Integration into Your Systems
 Usability by Your Workers
 Analytics Showing Real Value
 Enterprise Readiness
(Scale, Security, Compliance, Localization)
 Industry Proven Leadership
 Referenceable Customers You’ve Heard Of
 Roadmap (Vision not Feature Backlog)
Things to Consider
© Jive confidential
#3
BUILD A
BUSINESS CASE.
Increase in revenue
Additional revenue fromnew employees being onboarded faster
Previous onboarding time (days) 90
*Reduction in onboarding time 7%
Additional days of productivity 6
÷360days in ayear 2%
x Annual quota $2,000,000
Quotaachievement fordays saved $33,350
x Numberof new reps +those who didn't leave from previous year 11 From above
Increased revenue fromfasteronboarding $366,850
Additional revenue fromimproved sales
Current revenue $100,000,000
x Improvement in revenue 2%
Increasedrevenue fromimproved sales effectiveness $1,560,000
Total revenue increase $1,926,850
1.9% (of revenue)
15
Outputs
Reduction in expense
Savings from lowered sales support
Number of sales people 50 From customerinput
x Ratio of sales support to sales people 0.20
Number of sales support people 10
x Reduction in sales support need 4% From surveyed impacts
Number of fewer sales support needed 0.41
x Cost/sales support FTE 100,000 From benchmark
Savings from sales support $40,600
Reduction in onboarding from lower turnover
Previous turnover rate 20% From benchmarks
x Reduction in turnover rate (%) 0% From surveyed impacts
Reduction in turnover rate 0% From surveyed impacts
x Number of reps (employees) 50 From customerinputs
Reduction in #of new reps/yr. 0 Number of employees *(Previous turnover rate - New turnover rate)
x Old onboarding cost/rep $37,500 All in cost/FTE (from benchmarks) / onboarding time (from benchmarks)
Savings from reduction in turnover rate $0
Reduction in onboarding costs from shorter onboarding
Old onboarding cost/rep $37,500 From benchmarks (as above)
x Reduction in onboarding time 7% From surveyed impacts
Reduction in onboarding cost $2,501 Old onboarding cost/rep *reduction in onboarding time
Number of current reps 50
x (1+Expected annual growth rate) 10%
Number of reps at end of year 55
x New turnover rate 20% From above
Number of new reps onboarded 11
x Reduction in onboarding cost $2,501 From above
Savings from reduction in onboarding time $27,514
Total cost savings $68,114
0.1% (of revenue)
Sales enablement impact
Inputs
Customer inputs: From customer
Total revenue 100,000,000
Quota 2,000,000
Number of sales people 50
Expected team growth (annual) 10%
From benchmarks (can be adjusted based on customer input): Source/note
Sales support FTE cost $100,000 McKinsey expert
#sales support/sales person 0.20 Highest in complex solutions (high tech sales engineers, sales specialists, etc.)
Sales person onboarding time to full productivitity (days) 90 McKinsey expert
Cost/sales person/year $150,000 Including commissions
Sales person turnover 20% McKinsey expert; where there is high growth, higherturnover
Surveyed Impacts (from survey): Best in-class % of users who reported benefit Effective rate
Reduction in sales support time/expense 14% 29% 4%
Reduction in sales person onboarding time 23% 29% 7%
Reduction in sales person turnover rate 12% 0 0%
Increase in sales effectiveness (sales/yr.) 13% 12% 2%
Returnto navigation
• Key Assumptions
• Proven Benchmarks
• Tailored to your Business
• Projected Expectations
© Jive confidential
#4
UNDERSTAND THE
FROM > TO.
Process Mappings to Identify Pain Points
and Transform Business Process
Lead sales
reps
Other sales
reps
Coach
Lead qualification Opportunity development
Pitch, negotiate, close
deal
Capturing learnings
Coaching and
development
Understand
industry and past
customer
interactions
Provide input
from similar
experiences
Provide on-going coaching and
support
Prepare
solution and
quote
Content
manager
Matches
opportunity to
past case
examples
Update deal
info and
learnings
Develop
product/industry
info
Revise pitch
info based on
experiences
Develop pitch
books
17
Lead sales
reps
Other sales
reps
Coach
Lead qualification Opportunity development
Pitch, negotiate, close
deal
Capturing learnings
Coaching and
development
Understand
industry and past
customer
interactions
Provide input
from similar
experiences
Provide on-going coaching and
support
Prepare
solution and
quote
Content
manager
Sales
enablement
docs/tools hard
to find /
prioritize
Matches
opportunity to
past case
examples
Difficult to discuss
opportunities and ideas
across physical
boundaries
Coordinating on
solution pitch,
approvals,
negotiations can
be slow
Update deal
info and
learnings
Develop
product/industry
info
Hard/slow to develop
across silos with
marketing and product
Difficult / time consuming to
capture learning to update
documentation, customer
profile, etc.
Revise pitch
info based on
experiences
Develop pitch
books
Hard/slow to
develop across
silos with sales
ops
No strong feedback loop
on sales enablement
documents / info
Pain-points
2
1
3
1
4
1
3
Case history not
up to date, and
lots of color not
available in CRM
tool
4
18
Process Mappings to Identify Pain Points
and Transform Business Process
© Jive confidential
INTEGRATE INTO
YOUR EXISTING
ENVIRONMENT.
© Jive confidential
#5
MEASURE
(COMMUNICATE)
YOUR SUCCESS.
© Jive confidential
Jive Customers Report Real Value
deal cycle
time
win rate
on-boarding
time
sales
increase
cost
sales support
need
30% 33%
50% 29%
€4-8
m
€1.5m
Improved sales efficiency and
effectiveness
Selling costs reduced by €1.5m
Leading to a net benefit of ~€10
“By every measure, we’ve become a much more
effective organization. It’s a real transformation,
and we couldn’t have done it without Jive.”
Nicolas Jean-Jarry, Sales Director
THANK YOU

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Cracking the Code on Workforce Productivity

  • 1. The way forward is clear, right?
  • 2. Cracking the Code on Workforce Productivity Christopher Morace, Chief Strategy Officer
  • 3. © Jive confidential PROCESS AUTOMATION 24 HR WORKDAY Engineered as far as we can. Took the human element out. Given up boundaries when work starts and ends.
  • 4. of the work week spent writing emails and searching for information 28 hours
  • 5. © Jive confidential Hope in the “Nexus of Forces” “The Nexus of Forces is the convergence and mutual reinforcement of social, mobility, cloud and information patterns that drive new business scenarios.” “The Nexus of Forces: Social, Mobile, Cloud and Information” Gartner, June 14, 2012
  • 6. © Jive confidential 80% of social efforts to get business value are failing “Predicts 2013: Social and Collaboration Go Deeper and Wider” Gartner, November 28, 2012
  • 7. © Jive confidential BEWARE THE FALSE VALUE. Not all business value is created equal A lot of things sound appealing at the front end
  • 8. © Jive confidential “51% feel more connected to their organization’s mission and goals” “50% can locate relevant information and people faster.” “79% are exposed to more new ideas and innovations in their organization.” “76% have more visibility into work happening in other departments or locations.” “68% say that social simplifies the process of communicating with colleagues in different locations or departments.” THIS AIN’T IT.
  • 9. © Jive confidential 13% revenue improvement per sales rep The Value Of Changing The Way Sales Is Enabled Jive Customer Results Increase in Deal Size Grow size of deals substantially using Jive by aligning the right team and following a sales process. •86% of users said Jive helped them improve internal communications •71% stated that Jive helped improve pitch/proposal quality. 23% Reduction in On Boarding Train and on board new reps faster on Jive, reducing costs and enabling you to capture sales faster. •82% found Jive valuable at discovering best practices. •65% found it valuable at building a network. Reduction of Sales Support Needs Reduce sales support needs via better self-help from reuse of existing knowledge and easier access to tools and resources. •88% said Jive was valuable for accessing knowledge and information Overall Revenue Improvement of 8% to 13% per rep In Addition Reduce salesperson turnover by improving performance, lowering frustrations, and creating better connectedness between employees. 5% 14% SOURCE: Jive customer survey · Nov. 2012 · Completed by a Top 3 consulting firm. EX: Sales Enablement THIS IS. Business outcomes need to be the focus.
  • 10. © Jive confidential #1 START IN THE RIGHT PLACE.
  • 11. © Jive confidential … Jive has 32 proven ways to get started. Want access to this? Fill out the contact form on the next slide!
  • 12. © Jive confidential #2 PICK THE RIGHT PLATFORM.
  • 13.  Purpose Built for Your Use Case  Ease of Integration into Your Systems  Usability by Your Workers  Analytics Showing Real Value  Enterprise Readiness (Scale, Security, Compliance, Localization)  Industry Proven Leadership  Referenceable Customers You’ve Heard Of  Roadmap (Vision not Feature Backlog) Things to Consider
  • 14. © Jive confidential #3 BUILD A BUSINESS CASE.
  • 15. Increase in revenue Additional revenue fromnew employees being onboarded faster Previous onboarding time (days) 90 *Reduction in onboarding time 7% Additional days of productivity 6 ÷360days in ayear 2% x Annual quota $2,000,000 Quotaachievement fordays saved $33,350 x Numberof new reps +those who didn't leave from previous year 11 From above Increased revenue fromfasteronboarding $366,850 Additional revenue fromimproved sales Current revenue $100,000,000 x Improvement in revenue 2% Increasedrevenue fromimproved sales effectiveness $1,560,000 Total revenue increase $1,926,850 1.9% (of revenue) 15 Outputs Reduction in expense Savings from lowered sales support Number of sales people 50 From customerinput x Ratio of sales support to sales people 0.20 Number of sales support people 10 x Reduction in sales support need 4% From surveyed impacts Number of fewer sales support needed 0.41 x Cost/sales support FTE 100,000 From benchmark Savings from sales support $40,600 Reduction in onboarding from lower turnover Previous turnover rate 20% From benchmarks x Reduction in turnover rate (%) 0% From surveyed impacts Reduction in turnover rate 0% From surveyed impacts x Number of reps (employees) 50 From customerinputs Reduction in #of new reps/yr. 0 Number of employees *(Previous turnover rate - New turnover rate) x Old onboarding cost/rep $37,500 All in cost/FTE (from benchmarks) / onboarding time (from benchmarks) Savings from reduction in turnover rate $0 Reduction in onboarding costs from shorter onboarding Old onboarding cost/rep $37,500 From benchmarks (as above) x Reduction in onboarding time 7% From surveyed impacts Reduction in onboarding cost $2,501 Old onboarding cost/rep *reduction in onboarding time Number of current reps 50 x (1+Expected annual growth rate) 10% Number of reps at end of year 55 x New turnover rate 20% From above Number of new reps onboarded 11 x Reduction in onboarding cost $2,501 From above Savings from reduction in onboarding time $27,514 Total cost savings $68,114 0.1% (of revenue) Sales enablement impact Inputs Customer inputs: From customer Total revenue 100,000,000 Quota 2,000,000 Number of sales people 50 Expected team growth (annual) 10% From benchmarks (can be adjusted based on customer input): Source/note Sales support FTE cost $100,000 McKinsey expert #sales support/sales person 0.20 Highest in complex solutions (high tech sales engineers, sales specialists, etc.) Sales person onboarding time to full productivitity (days) 90 McKinsey expert Cost/sales person/year $150,000 Including commissions Sales person turnover 20% McKinsey expert; where there is high growth, higherturnover Surveyed Impacts (from survey): Best in-class % of users who reported benefit Effective rate Reduction in sales support time/expense 14% 29% 4% Reduction in sales person onboarding time 23% 29% 7% Reduction in sales person turnover rate 12% 0 0% Increase in sales effectiveness (sales/yr.) 13% 12% 2% Returnto navigation • Key Assumptions • Proven Benchmarks • Tailored to your Business • Projected Expectations
  • 17. Process Mappings to Identify Pain Points and Transform Business Process Lead sales reps Other sales reps Coach Lead qualification Opportunity development Pitch, negotiate, close deal Capturing learnings Coaching and development Understand industry and past customer interactions Provide input from similar experiences Provide on-going coaching and support Prepare solution and quote Content manager Matches opportunity to past case examples Update deal info and learnings Develop product/industry info Revise pitch info based on experiences Develop pitch books 17
  • 18. Lead sales reps Other sales reps Coach Lead qualification Opportunity development Pitch, negotiate, close deal Capturing learnings Coaching and development Understand industry and past customer interactions Provide input from similar experiences Provide on-going coaching and support Prepare solution and quote Content manager Sales enablement docs/tools hard to find / prioritize Matches opportunity to past case examples Difficult to discuss opportunities and ideas across physical boundaries Coordinating on solution pitch, approvals, negotiations can be slow Update deal info and learnings Develop product/industry info Hard/slow to develop across silos with marketing and product Difficult / time consuming to capture learning to update documentation, customer profile, etc. Revise pitch info based on experiences Develop pitch books Hard/slow to develop across silos with sales ops No strong feedback loop on sales enablement documents / info Pain-points 2 1 3 1 4 1 3 Case history not up to date, and lots of color not available in CRM tool 4 18 Process Mappings to Identify Pain Points and Transform Business Process
  • 19. © Jive confidential INTEGRATE INTO YOUR EXISTING ENVIRONMENT.
  • 21. © Jive confidential Jive Customers Report Real Value deal cycle time win rate on-boarding time sales increase cost sales support need 30% 33% 50% 29% €4-8 m €1.5m Improved sales efficiency and effectiveness Selling costs reduced by €1.5m Leading to a net benefit of ~€10 “By every measure, we’ve become a much more effective organization. It’s a real transformation, and we couldn’t have done it without Jive.” Nicolas Jean-Jarry, Sales Director

Notas do Editor

  1. Engineered
  2. Not all business value is created equal A lot of things sound appealing at the front ends
  3. Business outcomes need to be the focus
  4. Jive has 32 places in the business where customers are repeatedly able to implement social business and get success. Want access to this? Ask us in the comments!