By Bob Croston (RAIN SELLING Blog)
Talking about the differences between men and women is a tricky thing. But we need to deal with tricky things if we want to be good sales managers.
The recently published book, Top Dog: The Science of Winning and Losing, by Po Bronson and Ashley Merryman, has a nugget of knowledge every sales manager should know. As the title suggests, it’s about the science behind why some people win and others struggle.
This is not a sales book, but some of its findings relate to sales and have implications for how to manage a sales team. (Note: for detailed, sales-specific research on what makes a sales winner, take a look at RAIN Group’s recent research report, What Sales Winners Do Differently.)
While Bronson and Merryman’s book covers a variety of topics, it’s what they have to say on risk and its implications for sales management that deserves attention, especially the surprising results when comparing men and women. While the authors struggled to accept these findings at first, the science pointed to differences too large to ignore.
According to the research, women are far better at assessing odds than men. However, Bronson and Merryman also found that focusing on the odds often means increased avoidance of risk.
Risk taking is important in sales. Let’s say you have a client who is about to make a bad decision. Do you let them do it, or do you help them see that they might be walking into a trap? If you decide to help them see the pitfalls that lie ahead (and you should), you may create a tense discussion. This is risky.
You may need to spend days or weeks preparing for a major presentation and then fly a team out to the prospect’s site to give the full court press on winning a deal. This is expensive. And risky. You might lose!
You may ignore a bunch of smaller opportunities because you want to win a huge one. Risky!