{"id":2206,"date":"2020-12-31T07:59:22","date_gmt":"2020-12-31T12:59:22","guid":{"rendered":"http:\/\/markkirkwood.com\/?p=2206"},"modified":"2021-01-11T13:42:07","modified_gmt":"2021-01-11T18:42:07","slug":"myth-9-ma-growth-is-automatic","status":"publish","type":"post","link":"https:\/\/blog.markkirkwood.com\/?p=2206","title":{"rendered":"Myths of Revenue Growth &#8211; MYTH 9: &#8220;M&#038;A GROWTH IS AUTOMATIC.&#8221;"},"content":{"rendered":"<h4>M&amp;A must be aligned to drive a synergistic top-line growth opportunity.<\/h4>\n<div class=\"module click-to-tweet\">\n<div class=\"tweet-wrapper link-enabled\">\n<blockquote>\n<div class=\"tweet-content text-center\">&#8220;A REVENUE WAR ROOM EXERCISE IS AN EXCELLENT STARTING POINT FOR UNDERSTANDING PROFITABILITY DRIVERS AND EMPOWERING THE SALES TEAMS TO MAKE DATA-DRIVEN DECISIONS.&#8221;<\/div>\n<\/blockquote>\n<\/div>\n<\/div>\n<h5><span class=\"big-header\">THE TOP NINE MYTHS<\/span><\/h5>\n<div class=\"rte module\">\n<p><strong><span class=\"intro-text\">1.<\/span>\u00a0&#8220;Speed kills.&#8221;<\/strong> \u00a0When it comes to growth strategy initiatives, a popular myth is that speed kills.\u00a0 We debunk this belief by demonstrating that a rapid and focused implementation of a new, data-driven sales model can generate significant results. Speed doesn&#8217;t kill; speed pays.<\/p>\n<p><span class=\"intro-text\">2.\u00a0<\/span><strong>&#8220;Beware of false profits.&#8221;\u00a0<\/strong>An accurately-costed profit model is essential to determine the true implications of volume and revenue growth, to reduce levels of complexity, and, ultimately, to regain control of the business.<\/p>\n<p><strong><span class=\"intro-text\">3.<\/span>\u00a0&#8220;There is no such thing as a bad sales lead.&#8221;<\/strong> Sales organizations are nothing without prospects in the pipeline.\u00a0 But prospects are of little value to a company that can\u2019t distinguish between high-value leads and those that drain resources without generating revenue or profit. A rigorous, technology-augmented approach to segmentation can help any organization make the most of its sales resources\u2014and deliver more value to the bottom line.<\/p>\n<p><span class=\"intro-text\">4.<\/span>\u00a0<strong>&#8220;The perils of sticking with a winning formula.&#8221;\u00a0<\/strong>As a company emerges from the startup chrysalis and shifts into a rapid growth phase, earlier decisions taken on the fly to win new customers or satisfy existing ones lock the company into practices and promises that could constrain continued profitable growth. Why can\u2019t we just keep doing what got us here?<\/p>\n<p><span class=\"intro-text\">5.<\/span>\u00a0<strong>&#8220;More data is always good.&#8221;\u00a0<\/strong>Sales analytics systems can deliver massive amounts of data, but most sales teams make minimal use of the insights and struggle to turn data into action to drive decision-making and revenue-enhancing activities. How should management determine which data can feed the analytics that will address the organization\u2019s true sales challenges?<\/p>\n<p><span class=\"intro-text\">6.<\/span>\u00a0<strong>&#8220;Nothing is for free.&#8221;<\/strong> Raising prices on products and services will jeopardize customer demand.<\/p>\n<p><span class=\"intro-text\">7.<\/span><strong>\u00a0&#8220;Brands aren\u2019t built in a day. Except when they are.&#8221;\u00a0<\/strong>It doesn\u2019t have to take years or an oversized marketing budget to establish a brand identity.<\/p>\n<p><span class=\"intro-text\">8.<\/span>\u00a0<strong>&#8220;Hands off my sales organization!&#8221;<\/strong>\u00a0How cost transformations can be re-framed as opportunities to optimize the sales organization and pivot towards growth.<\/p>\n<p><span class=\"intro-text\">9.<\/span>\u00a0<strong>&#8220;M&amp;A growth is automatic.&#8221;<\/strong>\u00a0 M&amp;A must be aligned to drive a synergistic top-line growth opportunity.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>M&amp;A must be aligned to drive a synergistic top-line growth opportunity. &#8220;A REVENUE WAR ROOM EXERCISE IS AN EXCELLENT STARTING POINT FOR UNDERSTANDING PROFITABILITY DRIVERS AND EMPOWERING THE SALES TEAMS TO MAKE DATA-DRIVEN DECISIONS.&#8221; THE TOP NINE MYTHS 1.\u00a0&#8220;Speed kills.&#8221; \u00a0When it comes to growth strategy initiatives, a popular myth is that speed kills.\u00a0 We [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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