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Sales Capability Development

  A competitive advantage might be a game-changer in today’s competitive business world. One such powerful force that can help a company stay ahead of the competition is a competent sales team. According to a study conducted by the SalesForce Training website, the salesperson’s quality is the most crucial factor affecting prospects’ purchasing decisions. As a result, it is vital to invest in your sales team’s sales capability development. A well-trained sales team can open doors to new prospects and revenue streams for the firm. Let’s look at some fascinating data about the importance of sales skill development challenges: 50% or more companies implement a new sales methodology every year. (Sales Management Association) 79% of business buyers share that it’s critical to interact with a salesperson who is a trusted advisor. (SalesForce) The need of the business w.r.t.  Sales Capability Development : To be future-ready and remain competitive, organizations must invest monetary a...

Why must Successful Managers Recognize Opportunities?

  The business opportunity is always present in the market. It is all about opportunity management, taking advantage and making the most of the consumer's need, satisfying a demand, or presenting a new service/feature on the market that stands out. Business opportunity refers to introducing a business idea, entering a new market/sector, or launching a new product/feature in the market. Along with the idea, it is crucial to have the financial and technological capacity to give it a go into the market. Finding a business opportunity requires patience, especially keeping intimate knowledge of new developments in the market. Just as you wait for THAT moment, you must also be prepared to take action pronto when the opportunity presents. This will help you with a competitive advantage and place you ahead of your competitors.  However, if you miss your chances to identify the opportunity or act on it promptly, you may cause massive damage to your business. Sometimes it can cause irre...