Webinars
Carving Yin From Yang: The Curious Split Between Change and Innovation
Aug 19, 2010
Breakfast Club
San Francisco: The Next Frontier for Learning and Development
Sep 23, 2010 07:30 am
The Ritz-Carlton, San Francisco
San Francisco, California
CLO Symposiums
Unleashing Learning: From Strategy to Execution
Sep 27, 2010 - Sep 29, 2010
The Ritz-Carlton, Laguna Niguel
Dana Point, California
Published December 2009
mselves.
“When you think of innovation, it usually brings to mind a new technology,” Olsen said “Also, when you think about nurses, you picture someone who is very empathic and caring. However, nursing is really a task-based profession, and nurses can become so focused on task and timing that they forget about patient needs and feelings. What I feel is most innovative about this program is that we had very little technology and went back to the basics.”
Business Impact — Division 1 — Gold
Dan Braunm, Vice President of Global Learning, CA Inc.
Negotiation training is a key component for success at global IT management software company CA Inc. The company’s sales professionals work in a complex, extremely competitive environment, and effective negotiation skills equal better customer relationships and long-term business partnerships, as well as the potential difference between hitting and missing the company’s revenue goals.
As a result of its employee development initiative to enhance negotiation skills, CA has brought in some $42 million in top-line revenue. And that’s only from April 2008 through March 2009 — last fiscal year’s deployment.
“That’s the return after we paid for the program and our delivery,” said Dan Braunm, vice president of global learning at CA. “That came because the program was executed a little differently than negotiation skills had been delivered in the past. [In the past], we had used lots of vendors and courses that talked about winning negotiations as you get to the table. We didn’t sit down with executives and talk to them about business objectives in terms of expanding the deal.”
Braunm said negotiation starts from the moment the sales professional says hello, the moment the software is installed and successful. His mission was to get people to think differently about that to promote give and take, and to always consider how to expand the size of each deal being made without giving away unnecessary concessions. Further, these actions should be standard, a part of the salesperson’s DNA, not an activity performed at a certain point in the deal.
“That’s what made this program a little different,” he explained. “There were great measures against business objectives established upfront. We looked at a baseline: Here’s how many points we’re giving away currently, and here’s the average size of our deal now. We explain that to folks as they go through the class. There are no slides, just four simulated negotiations, and you understand from the beginning how you need to interact differently with customers to ensure this is going to be successful.”
Further, there is a series of post-workshop follow-up activities for managers as well as sales professionals, including coaching to ensure the new skills and behaviors remain active throughout the life cycle of a sale. There is also post-measurement to examine deals made and how they might be improved, along with how negotiation contributed to their success.
Senior Manager, Global Learning & Talent Development
11/19/2009
Deloitte Touche Tohmatsu (DTT) is an organization of member firms devoted to excellence in providing professional services and advice. We are focused on client service through a global strategy executed locally in nearly 150 countries.
Director, Leadership & Organizational Development Parkland Health & Hospital System
10/26/2009
Parkland Health & Hospital System (www.parklandhospital.com) located in Dallas, Texas has been voted one of "America's Best Hospitals" by U.S. News & World Report for 16 consecutive years and recently named one of the "Top 100 Hospitals to Work For" by Nursing Professionals Magazine.
The World Bank Knowledge and Learning Coordinator Washington, DC
12/22/2008
The Latin America & Caribbean Region (LCR) of the World Bank serves over 30 countries, mostly middle-income which, despite having middle-income economies, still struggle with pockets of poverty and high level of inequalities.