| Z Problem Solving & the US Financial Crisis |
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Recently, I had the privilege of leading a sales
education program for a group of private bankers. The
group was quite diverse, coming from: Greece,
Ukraine, Brazil, Belgium, Spain, Holland and
Luxembourg.
On the second day, we considered a follow-up
application to SST, the Z Problem Solving Model,
which is illustrated in the full text article available by
clicking the link below:
To practice the Z problem solving method, we applied
it to the US economic crisis. This was September 23,
2008 and the crisis had just hit the news. In our
humble view, we came up with an approach, which we
believe was both more balanced and superior to what
we understood from Bush, Paulson and Bernanke,
who basically said: "We have a financial crisis.
Trust us and give us a check for $700 billion."
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| Sales Myths in Europe |
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By Matthijs Van der Want, ISPO Consulting
Some years ago, on a referral from McKinsey
Consulting, we at Fortis Bank came in contact with PfP
Consulting partners Harry Koolen and Arnie Tilden.
Fortis is a large continental European bank
headquartered in Belgium, and I was leading a
change management program. The aim of our effort
was to improve the client orientation of around 250
front-office personnel of the different dealing rooms
across Europe. In this program, different areas of
improvement were addressed, like sales
performance measurements, sales people and sales
management behavior, communication, evaluations
and rewards. Our relationship deepened after PfP
delivered a successful sales skills training program.
Although the client business was strongly improved
after one year of implementation, we sensed that a
training initiative on sales leadership would be
essential for continuing the success of the change.
Therefore, we developed together an Adaptable
Leadership program with the principal objective of
improving the ability of sales leaders to coach their
sales teams. In fact, this program was such a
success that it surprised me. For the first time after
having organized a training, I received only positive
feedback, and not only from the participants.
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Autumn Greetings |
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Welcome to the autumn edition of the SST Newsletter.
The theme of this issue is effective problem solving.
With that in mind, our feature article focuses on a
national problem: the US economic crisis. In it, we
recount a recent experience with a group of private
bankers where we applied the Z Problem Solving
method to the crisis. We just wish that the financial
experts in Washington had done as well.
In our second article, Matthijs Van der Want, a friend
and principal of ISPO Consulting, a firm
headquartered in Belgium, addresses the problem of
sales myths.
Interestingly, Matthijs' firm has encountered the same
sales myths in Europe that are the topic of my book:
Rainmakers, Closers & Other Sales Myths.
Read on to learn about the solutions.
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