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Vol 7, No 10, November 2008
Dear Hiring Manager:
This month we talk about the silver lining to the
(very
large) economic cloud that we're all currently under
— and that's the availability of some top talent.
Yes, it's true.
At this point, some companies are cutting their
workforce to the bone, having to let go of good
salespeople (along with other functions) as they
realistically re-project revenues.
Successful companies will seize this opportunity to
snap up top talent. Read on for an easy guide to help
you do this as well.

Betsy Harper
Managing Partner
Sales and Marketing Search
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Upgrades Are Ready for Your Company
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Last Sunday I was in Harvard Square with 45
minutes to kill before meeting friends for lunch. So, I
did what every garden-lover would do, and took
myself over to the Henry Wadsworth Longfellow
House on historic Brattle Street for a leisurely
stroll in the beautiful gardens (and a quick check of
the gift shop too!).
In the shop, I picked up a copy of Longfellow's
famous poem, "The Rainy Day." I know you have
heard the most famous line in the poem —
"into each life some rain must fall." "Hmmm," I
thought, "with what's happening to our economy,
stock market, my 401(k) and some companies I know,
I think I'm living in a tsunami!"
There's no doubt about it. Like me, many CEOs and
managers are feeling the effects of the economic
storm that's out there. But I say, "every good poem
deserves a good idiom," and "every cloud has a
silver lining."
Opportunity in
Chaos
Unfortunately, many managers have been forced
to make drastic cutbacks in recent weeks. Not
only have they done the obvious cutting of expenses,
but many have been forced to make even more
draconian ones. It goes without saying that the
underperformers go first, but one manager I
spoke with admitted he had to "cut into the bone"
while letting go some of his sales team.
I can confirm this is happening as the level of
calls to recruiters by candidates on the hunt
is going up dramatically. (Trust me on this!) And,
many of the candidates who are on the market
are very, very talented performers.
Time for an
Upgrade
So here is the silver lining we've been waiting
for…
There's never been a better time to upgrade your
sales force! Savvy managers will capitalize on
the chaotic economic scene and seize the moment to
hire some of the top talent that is out there.
Here are the steps to take for you to potentially find
yourself a rainmaker:
- Assess: Honestly (and confidentially)
assess your
current team. Knowing that there are performers out
there should give you the added security of taking a
long, hard look at the numbers. Decide how
many and who can be replaced.
- Search: Confidentially start the search
process. Be sure your network, your recruiters,
and anyone involved understands that at this point
your search is confidential.
- Make Your Choice: Based on the
performance
metrics of your top performers and your ideal profile
for your sales team, hire yourself the top
talent you'll need to get the numbers you
need!
- Make the Cuts: First, meet with each of the
sales
team who will be staying to reassure them of their
value to the organization. Then proceed with
letting your underperformers go. Ask your HR
professional for help in this step if you need it.
- Solidify Your Team: One thing is for sure:
uncertainty will be with us for a while. It's critical for
you to be sure your new sales team is working at
top performance levels. It's critical that there be
no "new" underperformers.
- Beef Up on Sales Training: If you think
your team
might benefit from some additional sales training,
call your favorite sales trainer, consultant, or
sales guru and get on the waiting list. These
guys and gals are going to be very busy, as savvy
managers realize that now is the time to ensure their
sales team is performing at 110%. It's short dollars for
the return on that investment.
All of this may not be quite as easy as "click here
to install these updates" but I assure you it's
worth the time and effort. And that top performer
you hire today may be the difference between your
making your numbers or not!
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We're the Tops!!
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We're delighted to announce that Sales and
Marketing Search has recently joined the Top Echelon Network of
Recruiters.
Top Echelon Network, which is an
exclusive, monitored network of recruiters, will give
us additional capability sourcing top talent
nationwide for our clients, and the capability to
expose our top candidates to opportunities
throughout the country. We couldn't be happier! If
you'd like to find out how this network can help you
find top talent or find a job, just click "reply" and I'll be
happy to explain it to you.
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