Blog Posts

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Blog Post
August 11, 2022
5
min read

5 mistakes senior leaders make when presenting to other senior leaders

Here are of the most common mistakes we see leaders make and how to rethink communicating with your colleagues at your next meeting.

I work with senior leaders who spend a good portion of their time in meetings with other senior leaders.

You’d think that because these leaders are facing similar challenges, at similar levels, communicating and influencing would be somewhat effortless between them. After all, who understands the challenges of senior leaders better than another senior leader?

Therein lies the rub. It’s true that senior leaders share plenty in common with one another, including similar blind spots, which is why the same types of communications challenges often come up between them. Here are of the most common mistakes we see leaders make and how to rethink communicating with your colleagues at your next meeting.

Remember that you’re never there to just inform one another

Bringing a group of senior leaders together is an expensive proposition. It’s why if you’re asking your highest-paid people to meet, it should only be for a handful of reasons: To make a decision, agree on a path forward, address an urgent matter, debate an important idea, and so on. Bringing senior leaders together to simply inform one another, provide updates or discuss problems with no real resolution is low value for them and their organizations. If you want to inform, share a pre-read, or send along a dashboard link.

Focus on how to move from informing to action

To get at this, stop talking about what you’re working on and start shifting the conversation to produce more results to come out of the conversation. If you’re leading a discussion with other senior leaders, always decide what result you’re there to achieve ahead of time: A decision? Agreement on a plan of action? Alignment around a commitment? Then, determine how you’ll achieve the result in the time given. Don’t underestimate how much more impact and value you can immediately create with those two simple steps.

Own the fact that you are there to sell

Producing results is not a neutral activity, which is why if you’re leading a discussion with other senior executives, remember that you’re there to sell your colleagues on a course of action. Just because they are your peers doesn’t mean they want the same things—or that they are automatically on board with your agenda. It’s your job to persuade, to influence, to break through the noise and get this in-demand audience to care. Sharing compelling data and information may be a helpful starting point, but if you’re meeting with other senior leaders, those are table stakes. To win hearts and minds, do more to put your audience at the center and engage them on how your idea will help them win.

Make the audience the star of the movie

Think about your discussions with other senior leaders like movies, and if the star is you instead of them, you’ve lost the plot. To influence, help the audience see how they benefit in the future you’re describing. To do that, storytelling is key. Your executive peers can be the toughest audience a leader can face. It’s all the more important to paint a compelling picture of the future state. Describe the potential opportunity in realistic, credible terms, walk the audience through a path to achieving the future that feels doable. It may be tempting to boil the ocean or go heavy on the doom and gloom language (“we’re going to be out of business in five years if we don’t start now”), but a little goes a long way. Most of us don’t want to star in a depressing movie, so to influence, work on a compelling narrative that your audience wants to be part of.

Play to win

The biggest mistake I see senior executives make with one another in meetings? They play not to lose, instead of playing to win. In practice, this might look like keeping comments safe when sharing ideas, checking out or multitasking, keeping quiet, refusing to challenge each other in meetings, or not holding peers accountable to achieving results in discussions. The impact is that we miss the opportunity to have the types of high value, business-moving conversations that senior leaders can and should be having. To get at this, self-awareness is essential, and it may require you to do more to make sure your leadership voice can be heard. For many, this may require preparing differently, sharing ideas in a bolder way, or doing more to make sure the value of your ideas is obvious to the audience.

There may be no single action a company can take to improve its business more powerful than this: Enable your senior executive peers to engage in high value conversations with each other, more often, because when this happens, the benefits are far and wide. Decisions get made, alignment is strengthened, and that accelerates results for companies. Equally important, when senior executives show up differently for each other, they create new norms, elevate the culture, and set an even higher standard for performance.

Blog Post
August 9, 2022
5
min read

What now, recession?

During a crisis, some rise to the occasion, while others are less resilient. Leaders must help their teams navigate these uncertain times.

Most CEOs are revising downward their forecasts for business, though they remain reluctant for the moment to declare a recession is at hand. Within the current administration, and in congress, there is broad disagreement about what to do to head it off. This uncertainty is wreaking havoc on business planning. Chief Executive reported in June that 300 CEOs downgraded business forecasts for the next 12 months to 5.6 out of 10. CEOs are telling their people to prepare recession plans.

At the start of the 2020 pandemic, we also lacked foresight to imagine the dramatic swings in the fortunes of companies. There were big winners like technology, retail, financial services, and home entertainment; there were big losers like travel and tourism, hospitality, and energy. The massive shifts in the global business landscape rendered strategic plans out of date and useless.

So, what now? How do we navigate the next big, bad thing?

In 20 years of advising CEOs and senior executives on strategy execution, we’ve learned that during crisis, some teams rise to the occasion, while others are less resilient and more susceptible to doubt, which prompts reaction in the moment and can foster a chaotic sense of doom. While there are winners and losers in industry sectors, it is also true that some defy the odds, look around corners, seize opportunities, and keep steady hands at the wheel.

What kind of leaders weather tough times?

Through a review of our data on leaders and teams, we’ve discovered that inevitably there are qualities of both that drive growth and innovation, even in the most challenging times. These qualities are not always intuitive. In fact, in shorter supply your team is stretched thin, exhausted, and too busy to stop the whack-a-mole game to think clearly and provide direction to others. What do these leaders and their teams do right?

They tap into the stabilizing power of composure and restraint

Leaders who demonstrate a high level of composure and restraint in challenging times create an environment where it is safe to make mistakes, and to tell others when things are not working. Leaders are then able to foster discussion in a calm environment and resolve small issues before they become bigger ones. These leaders get a read on the fast-changing environment and quickly problem-solve with colleagues.

They dial up their antennae of awareness and concern

Awareness and concern are two additional qualities that go hand-in-hand in times of change and uncertainty. As people struggle to navigate the pressures and volatility, it’s more important than ever to know what your team is thinking and feeling, and to be aware of the pulse of the organization. If a downturn is ahead, you may be glad that not every position post-Pandemic is filled. However, the reality for most companies is that their best talent is most at risk and likely to leave. Staying aware helps you shore up your best defense against threats to growth.

They ramp up their curiosity and interactivity

These are two leadership qualities that work together beautifully when you need to solve problems. During challenging times, many leaders turn inward to try to shoulder the burden of solving problems with a ready-fire-aim approach. They hear about an issue and move immediately into action. They may ask for input, but not in group settings. Thus, they put spokes in wheels and their best people are talking only to them; not to one another.

It may feel counterintuitive, but when you can be intentionally curious and convene smart people, you learn that they can solve the problem better and faster than you can. Because they’ve authored the solution, they claim ownership of it and put all their energy behind it. As you move through uncertainty, they begin to feel more confident of their own agency in managing turbulence. As Ken Blanchard once said, “All of us are smarter than any of us.”

They focus on unleashing the capabilities of their interdependent, interconnected teams

Virtual and hybrid work have already laid bare the hidden, destructive issues that can derail relationships and teams. Teams that had less face time and more conflict found the challenge of misunderstanding and unresolved conflict even greater. It isn’t only each team but your network of teams, and how they operate together, that makes your organization resilient.

The performance of teams is vastly more important to the future of work than individual performance. Teams are really the new heroes of organizations. When you see unresolved conflict between teams, you can diagnose, with absolute certainty, the role that the friction is playing in creating drag. As you try to pivot in a recession, it’s time to prioritize how teams in your organization are actively engaging with one another, aligning on the goals, and working with enterprise focus.

Our research on teams has found that in challenging times, trust, support, candor, and curiosity lay the foundation of team culture. Make it a priority to bring people together and resolve trust issues by encouraging candor and looking for solutions. Do this by first being curious yourself, and then encouraging others on your team to seek to understand. Take the time now to ensure that your teams are performing at their best, and you’ll reap the rewards today and well beyond any recession or downturn.

What now?

I remember a CEO that I know telling the story of the commitment he made to retain all of his employees during a downturn, even though he predicted a 20% revenue loss in the first year. That decision, while risky, turned out to be fortuitous, as the economy pivoted and demand soared long before expected. Competitors who had let go of employees struggled, while this company recovered quickly and remains above capacity today.

The decision he made was informed by the values and qualities of leadership that defined this company’s culture. The CEO led by example, demonstrating composure and restraint that others modeled. They spent time talking with their employees about the decisions that they were making and why. They demonstrated concern for their well-being when demand picked up and they were under pressure to deliver.

Take a lesson from this CEO and what we’ve learned about leadership and teams. Keep these three approaches in mind as you move forward:

  • Stay focused on what works – good leadership will get you through.
  • Double down on your people and your teams – listen, learn, respond, and invest to make sure they have the knowledge, support, and tools to do their best.
  • Bring your leaders and teams together to navigate the uncertainty together – forget being a hero and instead draw in your organization to collaborate, cooperate, and invent the future – you will all be stronger as a result.

As the next months unfold, we can all prepare to be better leaders by reflecting on what we already know about leading in uncertain times. Think about what worked and didn’t work over the last two years. Ask yourself: what is the lesson and how can we apply it now?

Blog Post
July 12, 2022
5
min read

3 things an executive can do: influencing in passive-aggressive cultures

Everyone is pleasant, but nothing can get done. And this can go on for months, if not years. Meanwhile, the company’s competitors are starting to steal market share.

The Chief Digital Officer (CDO) had a compelling vision for leading a digital transformation that would be critical to remaining a viable competitor in their marketplace. She was hired to deliver on this innovation, and everyone knew that without implementing this vision, the company would not survive for more than four or five more years.

Yet, the CDO could not get her C-Suite peers to have a reasonable debate and reach a decision on a path forward. The rest of the leadership team was avoiding the issue, and her attempts to engage them went unanswered. They weren’t hostile, and in fact expressed agreement on the importance of the change—they just refused to respond and take needed action. Because the company had this “nice” culture that avoided even healthy debate, the CDO was completely frustrated. She was losing ground rapidly, and yet was under the gun to deliver. She didn’t know what to do.

During a coaching session, she said to me, “Do I express my frustration and risk being seen as angry? That will not get me far. So how can I be authentic without upsetting my peers? I am tired of being ‘nice’ and getting nowhere! There are two big non-traditional competitors out there who will eat our lunch if we do not act now. Don’t they see that inaction will lead to the death of the company? I was given responsibility for a mission-critical job, yet no one wants to debate it or make any decisions! I’m going crazy!”

“Nice” cultures: death by a thousand unspoken cuts

The CDO was describing a passive-aggressive organization. These cultures are not rare. In fact, studies have found that over 25% of companies can be classified as passive aggressive. On the surface, everyone is friendly, which makes reaching consensus easy. The problem is that the consensus is really false agreement since it was reached without constructive debate. As a result, few people are really committed to the decision since they gave in rather than buying into the decision. So, everyone drags their feet when it comes to supporting implementation.

A common symptom of false consensus is second guessing. Since team members don’t express their true concerns the first time around, they may bring up a concern or a question later, after you thought the team had made a decision. And since no one likes confrontation, the second guessing brings everything to a halt.

Everyone is pleasant, but nothing can get done. And this can go on for months, if not years. Meanwhile, the company’s competitors are starting to steal market share.

3 things a leader can do

We worked with this leader to plan her path. These three actions, when done in combination, can unlock conversation, collaboration, healthier debate, as well as a way to accelerate your ideas, while navigating the culture of “nice.”

  1. Make the case – the executive team needs to be persuaded on the value and benefits to move off their position
    Explain, in simple language, why the company needs a digital transformation now. Use a few key pieces of data. For example, tell a quick but compelling 2-3-minute story of how a customer filed a complaint because the company’s databases did not talk to each other. Or refer to an industry study that makes the case for the need for a transformation. Show data that is important to your audience – your C-Suite peers.The goal is to show them you need to take action now.
  2. Explore their resistance – understanding what’s behind their behavior helps you to connect to what matters to them
    Of course, as you are making your case, your audience is thinking of all the reasons not to take any bold actions.To break the norm of a passive-aggressive culture, it is important to make it safer for people to voice their concerns. You need to understand their resistance, not ignore it. How can you deal with their resistance if you do not know what it is? You want concerns out in the open, rather than buried under a veneer of “nice.” The trick is to create the setting to make this comfortable and productive.

    In this case, we coached the CDO to break down the executive team into groups of 3 or 4 people and start the conversation with something like, “You all have heard my plans for a digital transformation. I know I probably didn’t think of everything. Maybe there are some unintended consequences I haven’t considered. Or maybe I am not aware of some data you have. Or maybe parts of my plan seem ambiguous or not clear. In your breakout groups, I’d like you to discuss your biggest concerns and questions. I need to know them so I can make the right tweaks to my plan. Come back with a list of your biggest concerns.”

    By doing this, she is giving them permission to challenge her. But, at the same time, she is making it clear she is going ahead with her plan. This process is a good authentic way to display both the humility required in a “nice” culture, as well as the assertiveness needed to get things done.

    Hopefully, this type of exercise will yield some insights into their real resistance, which makes it easier to respond to concerns, and possibly adjust your plans to meet their needs. And sometimes you will not be able to meet their needs, but at least they will feel heard, and you may be able to offer an alternative solution. For example, you can say, “I understand this initiative will take resources away from you, but this mission-critical project is in the best interest of the company and will keep us sustainable. Perhaps we can find some way to give you some temporary help.”

    By hearing and responding to their concerns, you are increasing the chance of buy-in and hopefully minimizing the second guessing that often comes later.

    If you have successfully made your business case (step #1 above) and you have been given the responsibility to transform the company, you do not need to make sure everyone agrees with you 100%. The goal of decision-making, even consensus, is not unanimity, but unity.And once you have that unity – the agreement to proceed with the transformation – the next step is to rally the troops.
  3. Inspire the troops – lay the groundwork to engage and inspire everyone to do their part in delivering on the transformation
    Once the C-Suite is united around the vision of the digital transformation, it’s time to get everyone, not just the executive team, on board. Often, a leader can have the right vision, but the troops will stifle execution. Especially in a passive-aggressive culture, a functional or department head may be talking negatively about your vision to their people but saying positive things to your face. Talking to and hearing from people directly eliminates the backchanneling and filter.

    One powerful option is to go on a “vision tour” and meet with the various departments and functions to explain the vision and answer questions. For our CDO, ideally, she would be accompanied by the CEO and the department leader.

A successful vision tour focuses on two points:

  1. Demonstrating how the change will benefit the audience
    Everyone probably has a horror story about the current situation that is leading up to the change – it could be something like how frustrated they are when trying to get accurate information quickly, or how their systems do not talk to each other. Share a short story from someone in that function about their pain points and draw the connection to the change. Show how you understand their frustrations and how this initiative will make their work life better
  2. Giving people a chance to ask questions and express their concerns
    Consider convening a virtual or in-person town hall. Ask people to get together in small groups and come up with three questions or concerns. Have a spokesperson from each group take turns sharing a concern. Answer as many of these questions are possible. It is important to be as honest and transparent as you can. If you do not know the answer or need more time to give one, say so, but be sure to get back to the group with a response as soon as possible. By being authentic and honest, people will begin to trust you and see you have the best interest of the enterprise at heart. In passive-aggressive cultures, people are used to leaders saying everything will be fine when everyone knows everything will not be “fine.” You will gain lots of credibility if you are honest with people about the challenges change brings.

    And just as important, you will model a way to be “nice” and respectful without the need to avoid difficult conversations.

Be appropriately nice and appropriately assertive

If you follow these three steps, you will greatly increase your ability to influence change. True, you can’t change a passive-aggressive culture overnight. But you can take some actions to minimize the chances that your ideas will be stymied and gently killed by a “nice” culture. Remember, “nice” cultures are really not very nice. As Carolyn McCray says, “You do realize that passive-aggressive behavior is aggressive behavior for cowards, right?” You need to take the fear out of speaking up.

You are expected to lead, so lead. You are also expected to be nice, so be nice. You can do both.

Blog Post
July 8, 2022
5
min read

The business case for social impact initiatives

Xenia Korobochkina, Senior Director, shares about how prioritizing your people and planet can add to profit.

Can prioritizing people and the planet improve your organization’s business outcomes?

Most social impact efforts are viewed as purely altruistic, making it hard to justify anything beyond the occasional “socially responsible” expense. However, by adopting a future-forward mindset and leveraging mindful business approaches, you can offset social impact expenses and improve overall profitability.

Here are three ways social and environmental impact can help grow your business

1. Small steps lead to big changes.
When choosing social impact initiatives to support, take your organization’s values into account and leverage its existing capabilities and assets. These factors will help identify fruitful opportunities for volunteering and sponsorship.

Here’s one example of leveraging existing assets: say your organization hosts a catered event in its cafeteria space. Partnering with a nonprofit catering service, preferably one that’s authorized to repurpose leftovers, creates opportunities for your people to connect with external volunteers. The sum of these interactions may produce your newest clients, candidates, or media promoters.

Another example: a professional services firm that specializes in capability development runs one of its signature programs for non-profit leaders, free of charge. Both parties grow: the non-profit leaders build capability, while the program facilitators gain experience, all in a low-risk environment. Any resulting relationships between participants and facilitators will multiply social impact throughout their networks.

2. Creating a great workplace culture.
Today’s job market is hyper-competitive. One way for organizations to stand out is to be a place where people are proud to work.

Supporting causes that talent cares about — whether by creating volunteer opportunities, sponsorships, or initiatives — will help you win and retain talent. If there are aspects of running the business that may negatively impact people or the planet, consider proactive ways to offset these costs.

For example, carbon offsets — e.g., sponsoring rainforest preservation — can help compensate for environmental costs incurred by business travel. Over time, these partnerships can evolve and enable talent to feel more confident about working without compromising their values. Efforts like these are reasons for mission-driven employees to stay and become superfans.

3. Sustainability simply makes business sense.
Working towards a “greater good” benefits how your organization is perceived by stakeholders (including talent, clients, and investors), which may result in unforeseen opportunities. This is critical for organizational longevity, which requires sustainability in every sense, whether economic, environmental, or social.

Economic sustainability is a no-brainer: keeping your organization in the black and not the red, year over year, is necessary to stay in business. However, economic sustainability becomes more challenging without environmental sustainability, as all organizations rely on the planet to provide. It’s the place where we all work, live, and grow.

It is in every organization’s best interest to focus on environmental sustainability, because long-term access to natural resources is necessary for any organization to succeed, or even exist, in the future. Failing to mitigate the costs incurred on the planet will obstruct day-to-day business operations.

Social sustainability is another requirement for success: organizations do not exist in a vacuum. The communities where your employees live and work contribute to creating a productive work environment. Investing in this community — whether by volunteering at a local food bank, or creating internship opportunities for local graduates — yields a safe and mutually-beneficial environment for for your people, your organization, and the surrounding area.

Social impact need not remain an altruistic write-off on your income statement. The business case for doing good includes furthering impactful causes, cultivating a culture that retains talent, and fostering sustainable practices for generations ahead. When these efforts align with your organization’s values and capabilities, they become sustainable drivers of people, planet, and profit for your business.

Measurement is key for ensuring action, so many leading businesses account for the triple bottom line by assessing social and environmental impact in addition to profits and loss. This enables them to remain responsible for decisions that positively impact not only the current and future success of their organization, but also the world we all share.

Blog Post
July 1, 2022
5
min read

BTS Insights Sales and Marketing Study

BTS interviewed 100 professionals in Sales and Marketing from various industries across the globe and identified current trends impacting their sales and marketing organizations.

Understanding the culture and needs of Sales and Marketing professionals.

BTS interviewed 100 professionals in Sales and Marketing (including CXOs, sales and marketing leaders, L&D, digital, key account managers, and other commercial excellence roles) from various industries across the globe and identified current trends impacting their sales and marketing organizations.

This document outlines our research findings and best thinking on prevailing customer needs, trends in sales and marketing, and current challenges our clients face today. As we explore various topics, from digital transformation to new ways of selling, we will offer some insights and key takeaways.

Blog Post
June 13, 2022
5
min read

Context matters

Context is everything. During the hiring process, organizations need to make certain that their assessments reflect the organization and job.

Context is everything. When you’re swimming in the ocean and see a fin sticking out of the water, your brain concludes: "It's a shark, get out of the water!" But if you're in a pool, you think: "It's a kid with a swim toy that looks like a shark fin." In both situations, the context leads you to reach two very different conclusions and behavioral responses.

How people behave in any given situation is a function of both who they are as individuals (e.g., their personality, skills, past experiences) and the context in which the behavior takes place (e.g., the situation itself). In other words, context matters, and it is difficult to interpret an individual’s behavior without an understanding of the context they faced.

When it comes to using assessments during the hiring process, organizations have a vested interest in making certain that these assessments reflect the organization and job – the context. Doing so helps jumpstart onboarding by ensuring that candidates' assumptions about the organization, the job, and their suitability for both – that they invariably make during the recruiting process – are rooted in reality.

But assessments modeled after the organization and job are superior for another reason: They are generally stronger than generic assessments that cut across job type, level, organization, industry, etc.

  1. More predictive. First and foremost, the closer the alignment between the assessment and the specific context in which the individual will ultimately perform (i.e., the job at the organization), the better the assessment will do in predicting future job performance. In fact, research demonstrates that highly contextualized assessments have incremental predictive validity beyond situational judgment and job knowledge assessments. This means that even after measuring candidates' job-relevant knowledge and how they would handle particular situations, highly contextualized assessments still reveal candidates' ability to perform the job that we don’t otherwise know from these other tools.

Why is this true? Because the best predictor of future behavior is past performance. For many years, this adage has been dubbed "the Golden Rule of selection." Think about it: What's the best way to predict whether an individual will be a good salesperson at your organization in the future? Answer: Observe them in the job of salesperson at your organization. The only problem in the pre-employment context, however, is that you cannot observe a candidate perform a job they do not have… Or can you?

Assessments designed to reflect the realities of an organization and job often take the form of a simulation – sometimes completely automated; other times involving role plays conducted by trained assessors. In essence, these assessments let candidates "try the job on for size" – explore the situations and challenges faced, engage in dealing with the situations, etc. Such work samples provide the opportunity to, in essence, perform a job that candidates do not yet have, thus enabling conclusions about how they would perform the job if hired.

  1. Less adverse impact. Not only are highly contextualized assessments, such as simulations, highly predictive of future job success, but they also have lower risk of adverse impact. In fact, a seminal meta-analytic research study – looking across many years of other research studies – found that simulations comprising role-plays or presentations have about 50 percent less risk of adverse impact (i.e., sub-group differences) compared to other assessment tools. This decreased risk of adverse impact translates into a more diverse group of candidates deemed qualified for the job, ultimately leading to a more diverse workforce.
  2. Higher face validity. Finally, because highly contextualized assessments look like the job, candidates see the relevance of these assessments for the job to which they've applied. Candidates understand why you are asking them to perform some task or answer particular questions because the assessments make sense in their minds given what they know about the job. This is known as face validity, which highly benefits the organization. This underlying concept can decrease the risk of candidates challenging the results of an assessment, improve perceptions and impressions of the employing organization, and increase job offers acceptance rates.

All three areas of highly contextualized assessments are paramount on their own, and together highlight the importance of tailoring pre-employment assessments to the organization and job. They serve the dual purpose of teaching candidates about the job, while also assessing their capabilities and alignment with the organization's needs.

The employment decision is important for both the candidate and the employer, and it benefits both parties to ensure that candidates are assessed in an accurate and authentic manner to make the best, most informed decisions possible.

Blog Post
May 20, 2022
5
min read

Face Your Fears and Make Your Workplace Better

Rene Groeneveld and Maggie Bertrand identify often-overlooked opportunities for marketers to help their organizations shine in a downturn.

Recently, while coaching a frustrated Chief People Officer, he vented to me about his company’s plan to bring back the workforce – 3 days in the office, two from home. The leadership team would prefer to have everyone in every day, but they know that will make it almost impossible to recruit new hires and could further damage their already falling engagement scores. And now, they are struggling with a whole set of new problems: how do they track who’s coming in and when, and what do they do about those who aren’t following the guidelines? Why don’t the employees appreciate that the “gift” of flexibility that is being bestowed upon them? It seems like whatever solution the company offers some portion of the work force is unhappy.In talking with executives, this story comes up over and over. The leaders want things to go back to “normal” – meaning pre-pandemic times – and employees want something else. And they are puzzled by how to respond. Yet when I ask if they are partnering with their employees to find solutions, I often get blank stares in return. The idea of asking employees what they want in this situation seems to horrify many leaders.

Missing a big opportunity for buy in and guidance

Based on my own days as a CHRO navigating this kind of challenge, I am struck by how much these leaders are missing by taking this view. There are clearly so many advantages to involving your workforce in their future workplace! We are all in this together after all – and designing the workplace of the future should be exciting and fun.Imagine the enthusiasm for the outcomes that will follow if representatives of all levels and departments contribute to the solution and the deeper understanding of business needs that would come from their involvement. And by pulling in key leaders, they will benefit as well, because they will develop better insights and respect for the challenges and constraints many employees are experiencing.

Why leaders are afraid

I realize leaders are afraid to involve their workforce when considering their workplace of the future and other changes. Why? I see 3 primary reasons:

  1. It takes too much time
  2. Employees may lack the critical business insights needed to make informed decisions
  3. Participation might lead employees to have unrealistic expectations for the outcome

It’s true, the planning and preparation can take longer, when getting more input and involving more people. And sometimes employees don’t have the “big picture” regarding the business needs. And, if you aren’t careful, participants in the change may have unrealistic expectations. But I can tell you, having had the pleasure to lead many corporate teams that had a balance of members from all parts/levels of the organization, these challenges are easily mitigated. And worth managing, because the outcome will lead to better business outcomes, provide sustainable solutions, and increase employee engagement and commitment.

Paving the way for a quantum give back

I’ve led and watched successful teams help their companies drastically change their performance management approach, implement department re-organizations, enhance their employer brand, and develop new sales strategies. In each case, the additional time upfront saved us time later when we avoided re-work and re-communication due to poorly conceived ideas. We carefully set the stage by explaining the challenges and needs and ensuring that the team consisted of individuals from a variety of levels throughout the organization to ensure a strong business focus.We also made it clear to the participants the criteria and boundaries that were involved, who needed to approve it, and how their recommendations would be managed. I have found time and time again, our employees are grown-ups and if treated that way, will behave that way. They can handle being told no if they understand the “why” behind the “what." In fact, I have had employees approach me after townhalls and other group meetings, where the leadership had to say no to some employee requests, with a handshake and a thank you for being transparent and trusting them to understand and support good business decisions.

Asking your employees for help gets you more than you can imagine

Perhaps my favorite example of a time when a team of employees and leaders worked together to improve the business was with an organization that was working on improving the employee perception of their Diversity, Equity, Inclusion, and Belonging (DEIB) efforts. The company was very committed and had implemented many solutions to ensure improved representation and inclusion for all, and especially for their women and people of color. And yet, they were confronted with a steady decline of employee perception of company commitment to DEIB. To change this perception and make things better, the organization spent months engaging over 100 of their employees and leaders in teams to find ways to improve.Within one year, the organization really moved the needle:

  • Numerous organizational and programmatic changes were firmly in place based on the teams’ recommendations and employee perception rose from 78% favorable to 83%.
  • Deep friendships and connections were made across those teams and leadership opportunities emerged for many of the employees that participated, an important goal of the initiative in the first place.
  • The executives involved were surprised and delighted by the new insights and awareness they gained from the process, as well as the progress made on a complex challenge.

Was one year a long time to take to achieve all of that? I don’t think so.I have been afraid before, too, for the reasons mentioned here. But I promise you, if you take the time to do it right, you will soon forget your fears and find there’s a better way of operating: improving the future with your employees – not doing it for them or to them.

Blog Post
May 18, 2022
5
min read

BTS Named to Selling Power Magazine’s Top Sales Training Companies 2022 List

BTS GROUP AB (publ) a world-leading strategy implementation firm, was recently named a Top 25 Sales Training Companies 2022 list.

STOCKHOLM, SWEDEN and SAN FRANCISCO, CA — BTS GROUP AB (publ) a world-leading strategy implementation firm, was recently named a Top 25 Sales Training Companies 2022 list.

“We are grateful for this recognition as one of the world’s leading sales training companies,” said René Groeneveld, Global Head of BTS’s Sales and Marketing Practice. “In 2021, BTS continued to deliver world-class solutions in a mostly virtual, increasingly-hybrid environment. Our efforts to support sellers, sales leaders, and marketeers innovate their communications enabled them to reach and exceed their sales goals amid continued uncertainty.

”Companies on the list submitted a comprehensive application, which included their offerings for training and retention, innovative solutions, unique contributions to the sales training marketplace, and response to the COVID-19 pandemic. The main criteria for evaluation included:

  1. Depth and breadth of training offered
  2. Innovative offerings (courses, methodology, or delivery methods)
  3. Contributions to the sales training market
  4. Strength of client satisfaction

To evaluate applicants for the list, the Selling Power team surveyed and considered feedback from over 340 of their clients. Here are some of the comments:

“Our sales managers that went through the training said it was the best training they had ever received as part of a sales organization.”
“The prep work, training, and follow-up after training are all world class.”
“Outstanding, key to our sales transformation.”
“Not only is the training content excellent, but the delivery and interactivity of the sessions really help participants absorb and apply the techniques.”

Selling Power advises CROs, sales VPs, and sales enablement leaders to leverage the list to find the right sales training partner for success in the hybrid-virtual environment.

Blog Post
May 2, 2022
5
min read

Industry acumen for sales effectiveness

Barbara Adey, VP and Head of North America Sales and Marketing Practice at BTS, shares reasons that customer empathy is key for sellers.

Customer empathy is key for sellers who want to win in today’s hyper-competitive environment. This ability to anticipate customer needs, produce thoughtfully tailored solutions, and drive meaningful outcomes for clients is not an innate ability that only a few select sellers possess, but a skill that all sellers need to actively cultivate.Developing customer empathy begins with gaining a deep understanding of your customers’ business, otherwise known as industry acumen. Industry acumen provides the critical foundation for customer empathy by helping sellers identify customer pain points, key goals and metrics, and the critical business drivers and care-abouts for each function within an organization.If sellers and organizations are willing to invest in building industry acumen, they will most certainly reap the rewards. In the case of one cloud services provider, sellers with industry acumen training delivered a 31% higher pipeline than their peers. Facilitating industry acumen leads to bigger, better sales opportunities. So, how do you help your salespeople develop industry acumen?

  1. Practice makes perfectOne of the best ways to embed new skills and knowledge is through practice. By leveraging role-plays or AI-powered platforms to simulate conversations with customers, sellers learn to “walk a mile in their customers’ shoes.” These simulated experiences immerse sellers in the opportunities, challenges, and strategic decisions faced by executive teams in specific industry verticals. Sellers also gain an understanding of the care-abouts for different functional executives (e.g. Chief Financial Officer, Chief Marketing Officer), overall developing a strong sense of industry acumen.
  1. Customization is keyEvery organization is different, but individuals within your go-to-market team will likely require different levels of skill-building. For sellers who are entirely new to vertical selling, training must begin by building a foundational knowledge of their industry vertical. On the other hand, there may be members of the team with backgrounds in vertical selling who need a more tailored approach to improving client conversations.It’s also critical to consider different levels of specialization. For example, mastery of the healthcare industry in general may be enough to get by at one company. At another company, however, it may be crucial to drill down on Provider, Pharmaceutical, Medical Device, and Payer verticals to reach the level of sophistication needed to converse with industry executives.
  1. Collaborate, collaborate, collaborateFor this verticalized, go-to-market approach to be successful, many groups within the company must work together. The sales enablement team can no longer just deliver sales skills training – the team must also work with product management and with marketing to create customized value propositions and use cases for different verticals.

Developing industry acumen is made easier by leveraging simulations, whether standard, self-paced ones or fully customized and facilitated experiences. Investing in sellers’ abilities to connect more deeply with their customers will result in better solutions, which will ultimately lead to larger deals and faster time to close those deals.

Blog Post
April 27, 2022
5
min read

Strategy or execution? Four principles for overcoming the senior leader’s dilemma

Most executives recognize the need to focus on both strategy and execution, without knowing how to do so. Here are four ideas to try out.

Senior leaders must frequently choose to devote their time to the company’s long-term strategy or focus on short-term execution. Often, the need for achieving quarterly earnings wins out, and leaders will lean towards the latter. With their time already monopolized by meetings, damage-control, and financial analysis, it’s too easy for senior leaders to slip into focusing exclusively on short-term activities. As one biotech executive said, “I think about strategy on my commute to work and my commute home. I don’t have time during the day.”

Most executives recognize the need to focus on both strategy and execution; however, what remains is how to do so. In an interview with an energy company’s board member, BTS consultants asked, “What makes an ideal CEO?” The interviewee expressed the need for a “bungee CEO” who could move quickly from big picture- to detail-oriented work. "Bungee CEOs" lie at the midpoint between strategy-focused CEOs, who are too far removed from day-to-day operations and struggle to connect with employees, and execution-focused CEOs, who run the risk of being perceived as micro-managers.

At a time when unforeseen shocks such as the Covid-19 pandemic have made it even harder to focus on long-term strategy, here are four principles senior leaders can implement to achieve balance between strategy and execution.

1. Strategic pivots and scenario-planning

In the past, many executive teams thought that rapidly changing a company’s strategic direction would reflect poorly on the team to the board, because that meant the strategy was ill-conceived. However, with the increasing volatility of global markets, it’s become more critical than ever to anticipate and make quick strategic pivots.

One way to anticipate pivots is by leveraging scenario planning. For one senior executive team surveyed by BTS, identifying the worst-case scenarios and possible solutions for the business helped them to be better prepared for the pandemic. During a strategy session prior to the pandemic, these executives imagined the impact of a global pandemic on their industry. The leaders created a “playbook” that would enable them to make strategic pivots in weeks rather than in months, ultimately increasing their odds of surviving a shock without taking drastic action. In this case, these leaders was able to leverage their solution when the pandemic hit, so that its strategy could remain intact while its tactics for execution evolved. Clearly, scenario planning can pay great benefits in the long term.

Another kind of scenario planning is called “war games,” where executive teams break out into two groups to discuss an idea. One team presents the idea in a positive light, while the other argues the opposite. This exercise creates conflict within the team, helping leaders practice healthy, animosity-free debate so they are prepared for when the stakes are higher. Experience with war games is particularly useful in situations where there is strong ownership for an initiative and coming to a consensus is challenging.

2. Trust, the linchpin between strategy and execution

CEOs set the tone when it comes to building a culture of trust amongst senior executives. Cultures built on trust allow leadership teams to focus on what is best for the entire organization, rather than any one person or function. Trust is also the foundation for setting a team-wide strategy. As mentioned by one CEO, “We can argue as a team, but once we leave the meeting room, we all have to agree on a common message.”

Frequent strategic pivots are a very real part of today’s business environment. While these shifts will inevitably leave some negative effects on employee engagement, one way to circumvent this is by adopting a policy of radical transparency. By taking the time to explain the reasons behind a change, you will increase the chances of buy-in from your employees, which is critical for making any shift.

3. Risk-taking

Every risk comes with potential for failure, but in order to balance strategy with execution, senior executives must allow and even encourage their people to take risks. Without overly “scripting” out the future, leaders need to provide their teams with both the goals and the guardrails within which to accomplish them.

Senior leaders need to encourage teams to “fail fast and cheap,” using each attempt at executing an idea as an opportunity to gain insight for a future iteration. The risk-taking mindset is also an asset for senior leadership teams. As stated by one COO, “You need to have a short-term memory and not dwell on mistakes.”

4. Create a culture of psychological safety

Some employees fear that sharing bad news will adversely impact their career, so creating a culture of “psychological safety” where employees feel safe to share problems is critical for ensuring teams communicate problems quickly when they arise. This is imperative because failing to address problems early on can have a compounding effect. When errors identified at lower levels go unreported to senior leaders, leaders will often continue to make decisions that drive the business down the wrong path, unaware of the impact they are creating.

Executives who lead in a punitive fashion are particularly prone to employees withholding critical bad news. For example, one professional services firm’s CEO was nicknamed “Mushroom” because his team felt it best to keep him in the dark, just as growing fungi are, while they fixed the issues at hand.

Creating a culture where reporting issues early and often is encouraged is particularly important in matrixed organizations, where a small issue within one group may cause a large issue in another. Bad news travels slowly in these hierarchical organizations where information must go “up the stove pipe,” slowing down decision-making and exacerbating once-small problems into large ones. Therefore, senior leaders must establish the psychological safety necessary to ensure open communication from the lowest level possible.

Focusing on strategy and execution simultaneously has never been easy for senior leadership. Challenges already associated with rapid changes in technology, customer preferences, and the global economic environment have only increased with disruptions such as Covid-19. To address the dilemma of strategy versus execution amid such continued seismic shifts, senior leadership teams must pivot strategy, plan for worst-case scenarios, create cultures of trust and psychological safety, and allow for risk-taking.

Blog Post
April 22, 2022
5
min read

When being boring happens to good leaders

Being boring isn’t a personality defect; it’s something that can happen to the best of us, and the good news is that with simple behavior changes, we can improve in this area quickly.

Some of the teams I work with report to a boring leader, and it’s a problem. As someone who works with leadership teams, it’s easy to spot when this is happening because the clues are usually obvious. During meetings, the team is multi-tasking, they are checked out, and they’re often quiet, only offering thoughts when called upon by the leader to do so. Not surprisingly, the team retains little, to anything, that was discussed in the meeting, which often results in – you guessed it – more boring meetings and discussions on the very same topic.

Being boring isn’t just a benign idea or an interesting notion. It’s a behavior that presents serious consequences for leaders and teams because the negative impact on productivity and execution is real and here’s why: Boring leaders beget underperforming teams. When a team is led by a boring leader, it’s almost a guarantee that you see a team focused more on compliance and getting the work done, versus real engagement and energy to work together in an above-and-beyond way.   That may be because boring leaders often are the last ones to see this behavior in themselves, and consequently, they don’t recognize how their behavior is doing their teams a major disservice – a boring leadership style never brings out the best in others.

What does it mean to be a boring leader? The answer may surprise you.

Most of us can be a little bit boring

It’s easy to hear the word boring and think that it applies to someone else.  Personally, I hate the idea of others thinking I’m boring, but here’s the thing. The opposite of boring isn’t being charismatic, energizing, or rah-rah. That’s why it’s easy to think this concept applies to anyone besides us, because it conjures up an image of someone droning on about a dry topic in a monotone voice.

In the context of the workplace, boring leadership often takes on a different look, staring with a lack of awareness about the audience. When a leader is seen as boring, it’s often because they assume that what matters to them matters equally as much to others. We know that in practice, it just doesn’t work that way. This lack of awareness creates a dynamic where you’ll see the boring leader doing more talking than listening, asking few questions, reading slides or reporting out information, and then wondering why the audience is so quiet or unresponsive in the meeting.

The opposite of boring isn’t charisma, it’s curiosity

Here is a very cynical - and effective - place to start if you want to break the habit of being boring. Assume your audiences do not care. Even iif it is the board, your investors, your CEO, even if you’re talking about a matter of great importance. When you start from that cynical point of view, it forces you to ask yourself better questions and get deeply curious about your audiences. For example, rather than assume your board cares about how you’ve evolved your customer value proposition, you might ask yourself:  If they don’t care about this, what do they care about?  Is there any connection between our evolving customer value proposition and that issue? You might also wonder: Why am I assuming they would automatically see the value in this idea? Is it obvious why this is a good idea to others?  You could even ask yourself: If I imagine I am one of my board members, would I remember or understand why we decided to focus on our customer value proposition in the first place? Audiences will only care once they understand the value in your ideas and how that value applies to them. When we’re boring, we simply forget to connect those dots for the audience.

If you want to stop being boring, stop talking about boring things

Several years ago, I was invited to attend a meeting run by a Chief Audit Officer on reporting and I’ll be the first to admit that I was not chomping at the bit to attend what I anticipated would be a major snoozefest. (To all my beloved Chief Audit readers, forgive my ignorance.) Imagine my surprise when this meeting turned out to be one the best I’ve ever attended. What made the discussion so energizing was the leader himself, who had called the meeting together because of legislative changes requiring a major shift in reporting across the company. It would have been easy for the leader to focus on the challenges of making these changes, how tough it would be for the team, the difficulties ahead in managing workload.

To be clear, those challenges were very real, and the leader did address them, knowing that these were valid concerns on the minds of his employees. But he also focused on the future, painting a very powerful picture of what life would feel like once this project was behind the team. He engaged them in the vision of what it could feel like in six months, when the project was completed.  As he led the team in discussion, it was interesting to observe the team’s reaction. They went from panicking about the changes to seeing this effort as something that could make them better as an audit team. They began thinking about how the reporting changes would be a short-term hassle, but in the long run, it would help them finally break free from creating hundreds of low-value reports they dreaded generating in the past.

How to shift the balance

It’s easy to talk about what is difficult, tough, or challenging, but the problem is, it’s boring, it motivates absolutely nobody, and it keeps us stuck. After a while, it just gets boring to talk about the workload, the lack of resources, how busy we are, how tough our market is, the challenging quarter we just got through, and so on. What’s crazy is how often we do this inside companies, and it’s incredibly counterproductive, because in most cases, the conversation never really evolves beyond how tough things are. Start to pay attention to whether this a pattern you fall into, and simply shift the balance, so that you’re also talking about solutions, about the future, or about what we can control to influence a different outcome instead.

Being boring isn’t a personality defect; it’s something that can happen to the best of us, and the good news is that with simple behavior changes, we can improve in this area quickly. To start, ask yourself questions like:  Do others really engage in my meetings? Do I find myself talking mostly about challenges and how tough things are? Do people describe me as inspiring? Do I do enough listening and asking questions? Become curious about your responses and consider where you can put a few simple changes into place. It’s worth the effort, because when we can do more to inspire and engage others, we inspire and energize ourselves, too.

Blog Post
April 22, 2022
5
min read

BTS Recognized as a Leader in 2022 Gartner® Magic Quadrant™ for Sales Training Service Providers

BTS has been recognized as a Leader in Gartner® Magic Quadrant™for Sales Training Service Providers for 2022.

STOCKHOLM & SAN FRANCISCO -- BTS GROUP AB (publ), a world-leading strategy implementation firm, was recently recognized by Gartner as a Leader in the Magic Quadrant for Sales Training Service Providers.

“We believe that being recognized as a Leader in the Magic Quadrant for Sales Training Service Providers is a testament to our sales and marketing client partners — as a result of your trust, we’ve been able to develop and deliver innovative, world-class solutions for both training and transformation that unlock the next level of success,” said Rene Groeneveld, Global Head of Sales and Marketing at BTS.

According to Gartner, “Leaders have strong execution and vision scores and broad service portfolios that improve sales performance through skills and process training. Leaders have some of the most comprehensive and wide-ranging services of all sales training providers with offerings aligned to support seller execution of all parts of the sales process. Leaders are a step ahead with technology — specifically, AI and tight integrations with clients’ sales platforms such as sales force automation, LMS and enablement platforms, which allow them to measure progress and ensure adoption of new behaviors and best practices. Leaders serve a diverse customer base in terms of industry and are well-staffed to provide industry-specific expertise, tailoring engagements to make the learning more applicable to sellers. Leaders’ willingness to tie pricing to client success may be attributed to their high client retention and overall win rate.

A Leader may not always be the best choice for every customer. A focused, smaller vendor that is not a Leader can sometimes provide superior support and commitment. Other vendors may provide a specialized capability that is essential for some organizations. A vendor that focuses on a specific vertical market or within a limited geographic area may not be a Leader in the overall market, but it may be a competitive option within its chosen market or area.”

“Companies need sales and marketing partners who offer innovative solutions that meet them where they are and take them further than they thought they could go,” said Groeneveld. “For more than 20 years, our focus has been developing a breadth of offerings that empower sales and marketing teams to engage their customers in new ways. We’ve invested heavily in technology and digital learning tools to ensure that learning is seamlessly integrated into the flow of work and inspires true behavior change on-the-job.

”Read the full report here.

*Gartner, “Magic Quadrant for Sales Training Service Providers”, Shayne Jackson, Doug Bushée, Debbie Bender, Elizabeth Beard, February 28, 2022.

Gartner Disclaimer

GARTNER and MAGIC QUADRANT are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Blog Post
March 14, 2022
5
min read

BTS partners with Rainforest Trust to preserve 63,000 acres

BTS remains committed to sustainability efforts, as its continued partnership with Rainforest Trust has helped protect over 63,000 acres.

Rainforest Trust is a non-profit conservation organization devoted to preserving biodiversity and saving endangered rainforests through strategic land purchases, community engagement, and global partnerships. By allocating 100 percent of its donations directly to conservation action, Rainforest Trust offers wildlife and tropical ecosystems the critical protection necessary to help maintain a healthy planet for all species.

BTS made its first donation to Rainforest Trust in 2010, acquiring 100 acres of rainforest. These first acres contributed to the creation of Las Tangaras Reserve in Columbia – one of the most critical rainforest sites in the world, which is inhabited by tens of thousands of residents in rural communities. More recently, BTS’s conservation efforts include safeguarding Nicaragua’s El Jaguar Reserve to prevent tropical deforestation and the resulting carbon release. Since its initial land purchase in 2010, BTS has made numerous donations, which have protected over 63,000 total acres.

The pandemic has presented Rainforest Trust with some recent challenges, which include slowing land purchases, preventing community meetings, and reducing income from tourism. However, as part of its commitment to sustainability, BTS has continuously provided support to Rainforest Trust’s conservation initiatives. As a result, Rainforest Trust experienced substantial protected-area creation in 2021, and now hopes to build on this success heading into the new year.

We invite you to join us in making a lasting conservation impact.

Blog Post
February 18, 2022
5
min read

Bank of China Receives ATD’s 2022 Excellence in Practice Award for Excellence in Learning and Development

ATD recognizes BTS with a 2022 Excellence in Practice Award for Excellence in Learning and Development.

SHANGHAI, CHINA – Bank of China (BOC), one of the world’s largest and China’s longest-operating banks, has been selected to receive an Association for Talent Development (ATD) 2022 Excellence in Practice Award for its “Private Bankers Performance Enhancement Program.”

The program, designed in partnership with BTS GROUP AB (publ), a global professional services firm, developed private bankers’ sales skills and incited mindset shifts from "product-oriented" to "customer-centric.”

“It is a great honor to be [recognized for] our rigorous research, excellent project design that enabled [shifts in participant] mindset, and meticulous follow-up action tracking and mentorship that promoted business performance,” said Ying Wang, from BOC’s Shanghai Advanced Academy. “The program received good comments from nearly 1,000 participants, and [recognition from ATD proves] that the project is at an international leading level… We are also very grateful to our partner BTS for their strong support.”The workshop immersed participants into the business using a customized business simulation. Three months after implementation, participants completed over 800 action plans, which reported increases of:

  • 238 million USD in newly-added assets
  • 1.55 million USD in newly-added, non-interest income
  • More than 300 new private banking clients

“[This award speaks] to our commitment to designing programs with real business impact,” said Patrick Fei, BTS’s EVP and Asia Managing Director. Alex Xie, Director at BTS, added: “We are grateful for our client’s partnership and the team’s adaptability in ensuring the program’s success, and are glad to make a positive impact on the business and its people.”

ATD’s Excellence in Practice Awards recognize exemplary, well-designed, strategic, and sustainable workplace learning and talent development practices. This year, the program received >140 entries in 13 categories.

Blog Post
February 17, 2022
5
min read

Is your board managing the newest continuity risk?

Lisa Sprenkle shares ideas for board members to address the impacts of the Great Resignation on managing risk.

Board directors have a high stakes job, and even more so in times of turmoil, change and challenge.

While one of the Board’s key responsibilities is managing company risk, the nature of that risk has changed dramatically in our current environment. This leaves many Boards focused on an outdated definition of business risk that in this pandemic-influenced world is failing to meet the new bar to ensure business continuity and growth. And that bar was irrevocably raised in March 2020, when the workplace as we knew it changed as companies shuttered their doors and overnight became virtual.

What’s changed and why it matters to boards

The sudden move to remote work and the cascading changes, challenges and even opportunities that came with that sea-change have had a well-documented impact on the workplace culture. The “Great Resignation” that is now sweeping across all corners of the work force is the biggest indicator of change, and while this is an empowering movement for many employees, it is systematically upending plans for growth and even survival for companies in many industries. Leadership teams everywhere are newly laser focused on employee engagement and turnover, on retention and development, on inclusion and collaboration, as they seek to navigate a hybrid operating model, maintain business continuity, and deliver on growth agendas. Once considered the “that’s how we do things around here” backdrop that human resources and leaders managed around, the question of culture is now front and center in corporate strategy conversations. Getting culture right from the top of the house – and retaining and growing the talent needed at all levels of the enterprise – will make or break a company’s future.

What this means to Boards is a profound shift in where they need to focus when it comes to understanding and assessing risks to the business. Boards historically have focused on audit risk, reputational risk, cyber risk, and risk to the company value. Today, Board agendas must include culture and talent risks as significant disruptors to business progress and value. In many ways, culture risk IS one of the most critical business continuity risks, as more and more employees vote with their feet, and companies lose essential workers and key talent. The flight to “healthier cultures” where the employee value proposition is well represented means a drain on knowledge, productivity, morale, and growth for the companies they left behind.

The board as culture steward

We see this impacting Boards in several ways, from what they talk about with the CEO and each other, to how they organize to support this new role, to what they can bring to the table to elevate the conversation. Consider these 3 shifts as critical to your duty to guide and steward the company.

1. Have the culture conversation.

Boards we work with – particularly those at the leading edge -- are getting more involved in asking the questions of each other and of the CEO: if attrition has increased, why? What do employee engagement scores tell us? What is being said about the culture on GlassDoor? What steps are we taking to support engagement and collaboration in a hybrid work model? How is CEO/executive compensation linked to culture? Why are we doing it this way? In the past Board members would stay away from this conversation, but it’s time to wade in with both feet.

2. Make the talent strategy a core responsibility.

Legacy committee structures leave no room for critical conversations about culture and talent risk. On many Boards, talent conversations are limited to succession planning with a focus on “replacement planning” at the top levels of leadership. Assessing talent risk based on culture lacks definitive accountability at the Board level and is often left to the CEO and CHRO. If the topic is raised, it might occur in a Compensation Committee process, or in the Nominating & Governance Committee, but culture risk lies across all of these, making its ownership uncertain. The time has come to reimagine this risk as living in a Human Capital committee, whose job it is to connect across committees and keep the necessary line of sight.

3. Bring outside knowledge and insight.

Many directors sit on multiple boards and have a broader perspective of practices that they know exist elsewhere. They can bring that knowledge and insight to the dialog with the CEO and the rest the Board. This requires Board directors to see themselves outside of the more traditional siloed committee structure and having a stewardship if not a fiduciary responsibility to share knowledge. This requires the Chair or Executive Committee to facilitate the connections and recognize that there may be opportunities missed if the full Board isn’t participating in these critical conversations.

5 culture questions to ask at your next board meeting

If you want to ensure your Board is focused on culture as a key priority, add these five questions to your agenda for the next meeting:

  1. How are we incorporating an assessment of culture risk in our Board meeting agenda now? How can we ensure that dialog?
  2. How well is the CEO and their leadership team tuned into work force trends and risks in their company? What are the engagement and talent metrics being used, what are the trends, where are the trouble spots?
  3. What is the CEO and Leadership team’s plan for managing and mitigating culture risk to ensure business continuity?
  4. What can we do as a Board to support and enhance that plan? As individual Directors?
  5. How do we need to restructure the way we work to ensure we embed a focus on Culture Risk?

As a Board director, if you are not addressing the impacts of the Great Resignation and actively querying or supporting your management team on how work force planning and changes to ways of working are impacting business continuity, you are missing a significant area of risk for the company strategy and long-term value. In the future, company culture will represent the single biggest risk to a corporation’s health, competitiveness, and opportunity to thrive.

Blog Post
February 16, 2022
5
min read

BTS Named a Top 20 Sales Training and Enablement Company in 2022

BTS GROUP AB is recognized by Training Industry, Inc. as a Top 20 Sales Training and Enablement Company for 2022.

STOCKHOLM, SWEDEN and SAN FRANCISCO, CA– BTS GROUP AB (publ), a world-leading strategy implementation firm, was recently recognized by Training Industry, Inc. as a Top 20 Sales Training and Enablement Company.

“We are honored to be named one of the world’s top 20 sales training companies once again,” said Rene Groeneveld, Global Head at BTS. “In 2021, BTS continued to deliver world-class solutions in a fully virtual environment, a space which accelerated innovation. Our maturing virtual and digital capabilities have unlocked possibilities that help our sales and marketing clients achieve success.”

BTS was selected based on the following criteria:

• Breadth and quality of program and service offerings

• Industry visibility, innovation, and impact in the sales training market

• Client and customer representation

• Business performance and growth

“This year’s [recipients] provided quality training to their customers… and the readiness to adapt to their needs,”

said Jessica Schue, Market Research Analyst at Training Industry.

“With virtual transitions and new tools for learning, these companies prepare their customers with the best offerings and innovations to help keep them up to date with new selling trends.”

Tom Whelan, Director of Corporate Research at Training Industry, adds:

“These organizations provided quality service to their clients, offering an exclusive learning experience. While constantly evolving to adapt to their clients, [they] bring unique capabilities to sales training to grow their learners’ skills.”

Blog Post
January 26, 2022
5
min read

What can top brands teach us about e-learning?

By looking to brand experts like Bubly, BTS can help companies build learning experiences that stand out from the crowd.

E-learning designers are still catching up to what brand differentiation experts have known for a long time. Experience matters.

Consider Bubly, a maker of sparkling water, recently purchased by PepsiCo. Bubly doesn’t try to differentiate at the product level: in a blind taste test between Bubly and LaCroix, participants were unable to tell one from the other. Instead, Bubly focuses on the consumer’s experience of the product.

To begin, there’s the enthusiastic welcome: each can features a pull-tab greeting that mimics text messages – “hey u,” “hiii,” or “yo,” – simulating the kind of playful rapport you might have with friends and family. Next, the product’s peach, pineapple, and grapefruit-toned cans and smiling logo work together to convey positivity, creating a look and feel that aligns seamlessly with its slogan: “no calories. no sweeteners. all smiles.” Finally, Bubly gamifies buying. As writer Elizabeth Demolat points out, no store stocks all twelve flavors at any one time, leading to online and in-person buzz about where to find specific flavors. This strategy, along with the release of a variety of limited-edition flavors, has essentially turned “the act of purchasing a product into a treasure hunt.”

Bubly’s brand differentiation leverages enthusiasm, emotion, and excitement—experiential elements that echo the design pillars of best-in-class e-learning. Here’s how to incorporate each.

  1. Enthusiasm

Find new ways to breath energy into the experience. Take, for example, a short, animated video that uses action film motifs to explore emotional awareness in the workplace.

The sequence begins with an establishing shot of a manager providing constructive feedback to an employee. The action moves quickly into the employee’s brain, which is set up as a command center. A group of intelligence agents, straight out of Mission Impossible, look on with alarm. One more word from the manager on “areas for improvement,” and the emotion-regulating amygdala will be triggered, hijacking the employee’s normal reasoning processes. The intelligence agents strategize, introducing different tools and techniques that can be used to regain perspective, and the learning journey begins to take shape.

Greeted with a fresh, playful take on a critical workplace competency, learners are primed to go deeper.

  1. Emotion

How do you get beyond the rational regions of your brain – the ones that “control language, but not decision-making” – to tap into feelings and emotions? One particularly creative course on human anatomy leverages powerful visuals to reach learners on that deeper level.

Participants begin by learning that there are more nerve cells in the brain than stars in the Milky Way, observing a close-up of the brain’s circuitry dissolving into tiny specks lighting up the night sky. Because the underlying anatomy remains hidden, medical-aesthetics practitioners learn that they will essentially be working in the dark. The stars fade out slowly, one by one, until there’s nothing left on screen but total darkness—a strange, slightly unnerving experience that drives home the importance of understanding anatomical structures on a visceral level.

  1. Excitement

Give people something they’ve never experienced before by challenging the norms of typical training.

Data-protection policies, for instance, are critical safeguards wherever they’re in place, but existing e-learning on the subject is almost always designed as a passive, one-way transmission of information. One exceptional data-protection course takes a different approach, using live-action video and a dramatic soundtrack to depict a privacy breach occurring in real time.

While this can get gimmicky, immersing learners in a volatile environment with uncertain outcomes builds tension, a key lever for creating buy-in.

So, how can we help clients build better learning experiences?

Many clients see digital learning as a product, one that looks a lot like what’s already out there: didactic, uninspired, dull. By nudging clients toward digital learning courses that mirror what they already know about branding, we might just be able to help them build experiences that stand out in a crowd.

Blog Post
January 10, 2022
5
min read

Embracing change – a reflection on 2021 and a preview for what’s in store for 2022

Fredrik Schuller explores how remote work, organizational purpose, and company culture played out in 2021, and what might change for 2022.

In 2020, COVID-19 radically changed everyone’s lives forever, with social distancing, mask mandates, and travel restrictions becoming our only means of survival. These measures, while lifesaving, crippled many businesses and accelerated the growth of others. The virus’s spread caused the global economy to plummet and then quickly rebound, inducing worldwide whiplash. We spent 2021 adjusting to this new world and bracing against new and unexpected shocks, such as global supply chain issues, the return of inflation, and severe labor shortages. So, what does next year have in store?

In early 2021, Executive Networks surveyed Chief Human Resources Officers from the world’s largest companies as part of a research project called the Back2Better Initiative. These 71 CHROs – who lead companies with a mean employee count of 69,000, and an average annual revenue of $19.5 billion – weighed in on the future of organizations, leadership, work, the workplace, and workers.

In this paper, we’ll explore how three of the themes from the Back2Better Initiative – remote and hybrid work, organizational and personal purpose, and company culture – played out in 2021, and how they’ll impact the world of work in 2022.

Blog Post
December 13, 2021
5
min read

BTS Recognized as a Leader in Assessments in 2021

BTS was recently named a Top 20 Assessment and Evaluation Company by Training Industry.

STOCKHOLM, SWEDEN and SAN FRANCISCO, CA – BTS Group AB, a leading global strategy implementation firm, was recently named a Top 20 Assessment and Evaluation Company by Training Industry.

With decades of experience in the assessment and industrial/organizational psychology space, BTS’s assessment team leverages customized business simulations to create the best assessments possible. BTS’s offerings range from individual and group assessment to executive coaching, action planning, enhanced 360-degree feedback and more. BTS assessments are digitally-enabled, highly contextual experiences grounded in scientific research, providing psychological and psychometric rigor in delivery, process, and evaluation, and can be administered onsite or remotely, providing effective assessments from anywhere in the world. 2021 experiments to BTS assessments include gamified simulation with competency scoring, situational judgment tests embedded in gamified delivery, and Ipsative scoring in trait and mindset diagnostic.

Selection to the 2021 Training Industry Top 20™ Assessment and Evaluation Companies List was based on:

  • Diversity of assessment capabilities.
  • Quality of evaluation techniques.
  • Industry visibility, innovation and impact.
  • Strength of clients and geographical reach.
  • Company size and growth potential.
“It is an honor to be named one of Training Industry’s Top 20 Assessments and Evaluation Companies,”

said David Bernal, Head of BTS Assessments.

“We are excited to continue developing new assessment technologies and advancing these capabilities in the future.”
Blog Post
December 9, 2021
5
min read

BTS Earns 2021 Great Place to Work Certification™

BTS, a world-leading strategy implementation firm, was Certified™ by Great Place to Work® for the second year in a row in 2021.

STOCKHOLM, SWEDEN and SAN FRANCISCO, CA — BTS Group AB (publ), a world-leading strategy implementation firm, was Certified™ by Great Place to Work® for the second year in a row.

This prestigious honor is based on validated employee feedback about their experiences working at BTS, which is gathered using Great Place to Work’s rigorous, data-driven For All methodology. This year, 93 percent of employees said BTS is a great place to work – 34 points higher than the average U.S. company. Great Place to Work® is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.

“It is an honor to be Certified™ by Great Place to Work® for the second year in a row,” says Melissa Friedman, Head of People Experience, North America at BTS. “Amidst multiple challenging years, the BTS employee experience has always been a top priority and I think this is represented by our scores. We are proud that employees have reported a consistently positive experience.”

“Great Place to Work Certification™ isn’t something that comes easily – it takes ongoing dedication to the employee experience,” said Sarah Lewis-Kulin, Vice President of Global Recognition at Great Place to Work. “It’s the only official recognition determined by employees’ real-time reports of their company culture. Earning this designation means that BTS is one of the best companies to work for in the country.”

Blog Post
December 3, 2021
5
min read

3 common communication mistakes leaders make with the C-suite

Chances are you may have a bit of each of these common communication styles when it comes to how you interact with the C-suite.

Chances are if you’re like any of the leaders I’ve worked with over the years, you may have a bit of each of these common communication styles show up in you from time to time when it comes to how you interact with the C-suite. Here’s what I’ve learned. These styles are incredibly easy to see in others and less so in ourselves, and they can interfere with leaders being as good as we can be in front some of our most important audiences. I’ve experienced them all and so have my clients, and the good news is that once you see it in yourself, you can address it.Here’s a look at three common styles:

1. The Overcompensator

The Overcompensator mantra is this: I want you to know how much we’ve been working on.You know you’re with an Overcompensator when: In every meeting or presentation, they seem to have an endless amount of activity to report on, with slide after slide that lists initiatives, projects, or updates.The subtext is this: We have been very busy, we have been putting in tremendous effort, we have been doing lots of things, we are taking [insert important issue in here] very seriously. This tends to show up in board meetings and quarterly business reviews. Overcompensators may be some of your busiest, hardest-working leaders who also overemphasize activity instead of demonstrating results.If you lead a team of Overcompensators, you might say, “Let’s stop talking about what we are working on and start talking about where we are producing results instead.”

2. The Expert

The Expert’s mantra is this: If I share enough information with you, you’ll see why I’m right.You know you’re with an Expert when: In every meeting or presentation, they present far more information than you want or need.You’ll get plenty of details and data, but it may not necessarily help you make a decision or understand the bigger picture, with lots of ‘what’ but not enough ‘so what.’ Experts can be accused of too much talking (particularly when answering questions), being in the weeds, boring the audience, or overpreparing (after all, you never know when you might get asked a tough question).What Experts can work on: A ‘less is more’ mindset driven by better judgment and discernment, so they include the right information (not all the information) in their messages.

3. The Assumer

The Assumer’s mantra is this: I already understand what you want and need, so let’s move to next steps.You know you’re with an Assumer when: You feel rushed or sold.As the name suggests, Assumers tend to make assumptions about their audiences. It’s why they will leave a meeting and think there is agreement to a next step only to be met with silence or inaction. The problem for Assumers is that nobody else necessarily thinks there is a problem to the degree to which they do, nor do they have the commitment yet to solve for it. Assumers can be accused of lacking curiosity, not asking enough questions, or believing the audience has bought in prematurely before that is actually the case.What Assumers can work on: Proving to themselves and others that their audiences care as much about solving for an issue and addressing a challenge as they do before moving to action.If you see these styles show up in your team, share this article with them and use it as a jumping off point about what may be interfering with their impact and how to show up differently with high stakes audiences.In a future post, we’ll look at a few more common styles – the Unknown, the Defender, the Needy.

Blog Post
November 29, 2021
5
min read

Why your organization needs a data culture

Joan Gasull, Data Lead Expert at Netmind, a BTS company, shares reasons organizations should go beyond the six major data technologies.

To be successful in today’s environment, it’s critical for organizations to go beyond the six major data technologies – Business Intelligence, Data Analytics, Data Science, Data Engineering, Artificial Intelligence, and Big Data – and adopt a Data Culture. Many leaders wonder – what even is a data culture? Why does it matter for my organization?

An insatiable thirst for data

The demand for the technological subsector based on information, along with its storage and processing, is only growing with increasing speed. Searches for terms related to data on Google and other search engines have multiplied by more than 9 times in the last decade. Furthermore, the demand for purely technological job positions, mainly associated with the creation or expansion of “analytics” departments, is only the tip of the iceberg for what the world of data is capable of offering.

This growth has occurred for a reason. In today’s world, a company’s turning point for accelerating growth, if you’re focused on the technological side, is when the entire workforce has adopted a true data culture – they understand both how to leverage data and why it is important.

Raising awareness around Data Culture

This cultural shift, when the entire workforce adopts a data culture, is where the true potential of data lies. Digital services and e-commerce companies monitor all variables related to their business, which allows them, among other things, to anticipate changes, increase adaptability, and improve prediction. More traditional companies, even if highly digitized, generally waste too much of the data they generate. This is often due to a lack of practical knowledge or references of what they can do with it.

Entire organizations don’t need to understand Machine Learning algorithms or how to configure data services in the Cloud to be competitive, but it is important for employees to understand the basics of the world of data. This allows them to consider the possibilities it offers, and to obtain the knowledge that allows them to take advantage of the millions of pieces of data that a company uses daily.

Data-Driven Companies

This type of company – one where most employees understand the world of data and leverage the data to make decisions – is just another way to describe what has been commonly called a data-driven company, or a company that leverages data-driven decision-making. Google, Amazon, Netflix, and King, the creator of the infamous Candy Crush, are all good examples of companies who use data-driven decision-making practices.

What do these practices consist of? The list is long, ranging from the most classic statistics to prediction algorithms with neural networks through text mining. Some examples of data-driven decision-making are:

  • Using A/B Testing methodologies in departments such as sales or marketing to add value to the services offered and improve efficiency.
  • Dynamically readjusting the online sales catalog based on the time and day of the week to maximize the visibility of certain brands’ most popular products.
  • Automatically classifying communication with customers into categories (for example, sales, technical service, sales, etc.) to speed up the flow of information in the appropriate department.
  • Analyzing workers’ productivity and performance based on factors such as time or workload to adjust their schedule or distribution of functions in order to increase not only their performance, but also their comfort.

Implementing a Data Culture in your organizations is critical for future success. This type of culture allows everyone in the organization to understand the potential of data and how to leverage it in decision-making. This empowers every employee, from the senior level to the front line, with the tools to be a change agent, driving the business to the future.

Blog Post
November 8, 2021
5
min read

Mindfulness and the power of sound in digital learning

To drive engagement and retention in your digital learning course, consider these three ways that sound could amplify your presentation.

How do you more effectively drive learner engagement and concept retention in your digital learning courses? Sound is key. Why? Sound elicits emotional responses which make moments more memorable, and also shapes your unique sense of space, time, and reality. Adding a layer of sound would amplify presentations of any kind.There are three elements to consider when incorporating sound into digital learning courses: sound effects, voice talent, and transitions.

  1. Engaging sound effectsPractitioners of mindfulness meditation focus on the present moment in order to reach a particular mental state. The present moment is always changing, of course, depending on the surrounding constellation of smells, sounds, sights, and feelings. Try to isolate the ambient sounds in the air, and you will come to appreciate both the limits of your focus and the omnipresence of sound. Note, too, how memories involving both sight and sound are more vivid than those derived from just one sensory channel.Sound effects can perform numerous functions: emphasize a particular point, underscore a key concept, balance serious content with humor, and more. Try, for instance, to imagine films such as Star Wars, Titanic, or The Godfather without their orchestral scores and soundtracks. Just as sound effects are critical to each story on an emotional level, they can make the digital learning experience more meaningful and memorable.Consider using ambient sounds that are colloquial to your learners, such as the "ding" signaling the arrival of a new text message, or the "whoosh" of sending an email. Using these sounds tactfully throughout your presentations will increase learner engagement by initiating states of excitement, focus, or reflection. However, be sparing in your use of such effects, as space is essential for the appreciation of sonic subtleties.
  2. Appropriate voice talentYour choice of voice talent is critical – any recognizably-human voices invoked for digital-learning purposes must align with your organization’s cultural DNA and corporate identity.For the digital learning course in question, be sure to consider its subject matter, audience, and tone. After identifying each, decide whether a stodgy accent, homey lilt, or something else entirely would facilitate the most engaging learning experience. Once you have a few options, be sure to send samples to your client for feedback and approval. Reactions to voices, after all, are highly personal.
  3. TransitionsTry now to pinpoint all the recurring noises around you, whether infrequent or ever-present. Depending on where you are, you may hear the low hum of a fridge, the persistent honk of a horn, or even the steady beating of your heart. These periodic sounds, absorbed subconsciously, signify the passage of time and transformation of your surroundings.Transition sounds, like the famous musical motifs in each aforementioned film, aid in memory retention by stimulating an emotion, foreshadowing an event, or accentuating a concept. In digital learning courses, transitions work best at the beginning and end of a module. That said, if placed tastefully throughout a course, transition sounds will add polish, build a brand, and encode content in a memorable way.

These are just a few of the ways that sound can be used in your digital learning courses as a design pillar, making training more engaging and enjoyable. Whether you meditate or passively absorb your surroundings, sound adds texture, depth, and meaning to the fabric of our lives. How will you use sound to build your next creation?

Blog Post
November 4, 2021
5
min read

BTS Named to Selling Power Magazine’s Top Virtual Sales Training Companies 2021 List

BTS, a world-leading strategy implementation firm, was recently named to Selling Power’s Top 20 Virtual Sales Training Companies 2021 list.

STOCKHOLM, SWEDEN and SAN FRANCISCO, CA —BTS GROUP AB (publ), a world-leading strategy implementation firm, was recently named to Selling Power’s Top 20 Virtual Sales Training Companies 2021 list.

“We are honored to be recognized for our virtual training capabilities,” said Rene Groeneveld, Global Head of BTS’s Sales and Marketing Practice. “In 2020, we pivoted to deliver best-in-class solutions to our clients in a fully virtual environment. We continued this work in a hybrid-virtual environment in 2021. We are humbled by our clients’ continued partnership and inspired by the results they have achieved.”

Companies on the list submitted a comprehensive application, which included their offerings for both training and retention, delivery methods, and response to changing market conditions. The main criteria for evaluation included:

  • Strategies to keep participants engaged
  • Breadth of virtual sales training offerings
  • Methodologies for participant retention
  • Innovation of offerings and/or delivery in response to customer needs or changes in the marketplace
  • Strength of client satisfaction and client feedback

Selling Power also considered feedback from more than 250 clients, which included:

“Usable, to-the-point training delivered effectively and supported well. What more could you want?”
“Close, professional, and absolutely satisfying collaboration — they know what they are doing and perform at the highest level.”
“In just three months since our conclusion, we’ve seen our pipeline grow by 14% in dollars, and, more importantly, by 34% in number of opportunities.”

Selling Power advises CROs, sales VPs, and sales enablement leaders to leverage this list to find the right sales training partner to deliver best-in-class virtual sales training.