It Ain't Over Till It's Over!
Sales and Marketing Search
 



 
Welcome Business Managers Vol 2, No 2, February, 2003
Have you ever had an offer declined by your #1 choice only to realize that you had no other candidates in the pipeline and you were back to "square one" on your search?

This month we talk about how you can skillfully keep all your options open when you hire and avoid being slam dunked!


Betsy Harper
Managing Partner
Sales and Marketing Search
in this issue...
  • It Ain't Over Till It's Over!
  • We're Bookworms
  • In Our Mailbox
  • Signup for This Newsletter!

     

    It Ain't Over Till It's Over!

    Back in the1980's, I was one of the lucky ones who had Celtics season tickets. And in the spring of '84 I was there -- in the Boston Garden -- for the Celtics-Lakers playoffs. I watched Larry Bird and Kareem-Abdul Jabbar make basketball history while I listened to the late, great Johnny Most give the play by play on my Sony Walkman.

    During one of those games (a must win for Boston) the Celtics were down over 20 points at the end of the third quarter. It seemed futile. So, understandably, many fans started leaving, not wanting to witness first hand this humiliation. I turned to my friend and made the gentle suggestion that we just might want to follow suit. "Betsy," she snapped back, "it ain't over till it's over!"

    The Celtics went on to tie the game in the fourth quarter and win it in overtime. (And we went on to gloat about the losers who had left the game!) The Celtics beat the Lakers for the championship that year and Larry Bird was named MVP.

    I was reminded of my friend recently while we were on a search for a senior salesperson for a client. We found them three great candidates to qualify to sell their suite of network availability solutions. They were all highly skilled selling into that market and had certifiable quota busting performance.

    We sent the first one in for an interview and our client fell in love! We were quite pleased ourselves that he had made such a hit but suggested that we still line up interviews for #2 and #3. The client was reluctant to do that and scheduled a second and a third interview for candidate #1. At the end of the third interview, they were so excited, they not only made a verbal offer but also handed him the letter to go with it.

    I think you can guess the end of this story. Our candidate turned them down. He committed the mortal sin of accepting a counter- offer from his current employer. (He obviously didn't read our August newsletter on what a no-no this really is!) And, during the time the company was interviewing (read "courting! ") their top choice, candidates #2 and #3 totally lost interest in the company and took other positions. Could this have been avoided? You bet!

    A Confusing Process

    The hiring process can be confusing. You have to juggle a lot of balls. Scheduling first, second and third interviews, making follow up calls on your candidates, checking in with your recruiter or just plain remembering which candidate is which can be confusing!

    So, here's one suggestion that might help you change the way you think about your hiring. Think of the hiring process as the sales cycle. That's right!

    HIRING PROCESS = SALES CYCLE

    What would you say if your #1 salesperson came into your office and told you that it looked like his biggest prospect was finally going to sign a contract with you. It wasn't signed yet - but all systems looked like a go! He had met with them three times and the prospect indicated they were really interested in buying. So, instead of doing any prospecting today, or making sales calls on any other prospects, he was going to spend the day in the Marketing Department helping them write that new brochure. Well, we know what you'd say!

    Keep Selling!

    Remember, when you're hiring, no matter what the economic climate or how "hot" your market or technology is, you are SELLING your company to a prospective employee. And, you don't stop selling until the deal is done! You don't stop any of your other hiring activities until your best prospect (your #1 Candidate) says yes and signs the deal!

    More Prospects in the Pipeline - More Potential Hires

    Until the time you get a signed offer letter, continue ALL of your other hiring activities - interviewing and even prospecting for more candidates. This additional activity will also serve you well if, for some reason, your hire doesn't work out. If you have to restart your search, you won't be starting at square one!

    You don't want to be slam dunked. So, remember Larry Bird and that determined Celtic team and remember too, "It ain't over till it's over!"

     

     


    We're Bookworms
    Years ago I had the good fortune to work with a tremendous technology marketer, Joe Tragert. With an MBA from Wharton and Masters from Georgetown with concentrations in international economics (plus those wonderful writing skills that all marketers need!) Joe has co-authored "The Complete Idiot's Guide to Understanding Iraq." In 300 pages Joe has given us a short history course and a clear analysis of what's happening now. It couldn't be more timely. Check it out!

    More info on this book at Amazon.com »


    In Our Mailbox
    We got lots of great feedback on our last issue.

    Regarding the story of my Dad's Lionel Train experience:

    "Betsy, my brother Jack recently had his 60th birthday. One of the pictures at his party was taken in 1951. In it Jack, my late sister Carolyn and me are with a present that Santa had delivered - a Lionel Sante Fe Super Chief train with a Vista Dome car - a real big deal! The train still runs in his basement train layout."
    Bob Crowley
    Chairman
    Mass. Technology Development Corporation


    And our review of "Seabiscuit":

    " I can remember the big race between Seabiscuit and War Admiral and the disappointment I had when Seabiscuit won. The book is a wonderful story and there is also a message for all of us. People are individuals and to be successful one has to treat individuals differently to get them to perform at their maximum capability. Bear Bryant was successful as a coach because he did not treat everyone the same. Some needed a pat on the back and others needed a kick in the pants to get them moving!"
    Sam Coco
    Wellesley, Mass.

    Thanks Bob and Sam for sending your thoughts. As for the rest of you, I'm waiting for you comments as well! ( contactus@smsearch.com)



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