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Featured Article The Due Diligence Differentiator Dan Hughes - CSO, Co-Founder of Broadlook Technologies
I remember a favorite question my father asked: Is the horse that wins 10X the prize money, 10x faster than the others? Often times, the winning horse wins by only a nose.
So the answer is “No”. His lesson was that the winner only has to be a fraction better than the nearest competitor to win the prize. What was I willing to do to be just a little stronger, faster, smarter and better than the next person in any of my endeavors?
Do not the same dynamics take place in sales? Is the sales professional who secures the deal, make quota and achieves the financial rewards 10X better the next? I content that it is the little things that makes the difference. I believe a big differentiator is the ability and willingness to do the extra “Due Diligence” necessary to Know Everything possible about a company, contacts and the industry at large.
Having observed hundreds of sales operations; I am fascinated by both the...
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Atticus Success Story
The Challenge
When choosing an interim management solution, the primary decision maker is typically the president or Board of Directors. Winning the business is a function of targeted segmentation and then making connections to build relationships. The average sales cycle in the industry is 1.2 years.
Atticus knows that having the right information on companies and contacts is critical to their sales process. Conventional sources such as lists or database information has proven to be old and inaccurate, costing the company time and effort. Alternatively, tapping into the dynamic information found on the web, while much more suitable to their needs, is cumbersome and inefficient.
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Tips and Tricks
Looking to get the most out of your investment in Broadlook tools? Mike Tischer, Director of Client Experience, was asked to talk about the key ways people can maximize their results with their investment in Broadlook tools.
1) Q: What is the most important thing for a new Broadlook customer to know coming into the client experience?
I think the single most important thing for a new user of Broadlook tools to have is a picture of what goals or projects they plan to use their investment to achieve. In almost every case, our clients have made their licensure purchase with specific initiatives in mind. These initiatives, which are unique to the client, serve as the foundation for all of the support, orientation, and curriculum we provide in our “Getting Started” phase.
2) Q: What can you point to that has been attendees successful in maximizing their use of the tools?
There has been one common trait among our most successful clients. They take full advantage of all of the resources available to them right from the start. They attend our functional product classes to learn the bits and bytes of each tool, they get into our beginner and advanced workshops to leverage applied learning to their goals, and they schedule project-level support to work on their unique initiatives.
3) Q: What would you recommend as the best way for someone to get started and get rapid results?
Architect a search plan for each initiative. Collect everything you need for this plan – make an inventory - including sources you’ll want to collect information from, and any additional data you might use (unique titles, certifications, skill sets, - intellectual property stuff) in the search. Get it all on paper before even reaching for tools. This is the first thing I do for every search I conduct.
4) Q: If there was only one thing a person did to be successful, what would it be?
Plan (See above)
Broadlook News Truth and Influence; The Ultimate Sales Weapons
If you have had the opportunity to be a part of any of the Sphere of Influence webinars, you know how it can advance your business. In 2010, we will be taking it to the next level.
Emails, webinars and social media like Facebook, LinkedIn, and Twitter are bombarding people at a staggering rate. A backlash is coming.
The buyer in today's changing market is looking for reassurance. Are you giving it to them? Are you asserting influence adding to the noise?
A live audience at the Association of Background Screeners (NAPBS) 2010 Annual Convention will be the first to experience this game changing message. Join us in San Antonio, March 7th -9th.
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Product Updates How much will 30% mean to you business?
Research and development studies based on Diver, 3.0, the latest release of Diver, show some amazing results. “When we came out with Diver, we automated getting useful company, contact, and resume information from the search engines that many were only dreaming about at the time. For Diver 3.0, we really challenged ourselves to take the efficiency and effectiveness to the next level, said Donato Diorio, CEO of Broadlook.
The development was eager to take on the challenge. Diver 3.0’s ability to find and deliver results has improved 30 % over any previous version. “We noticed that people trained in search strings tend to use techniques to exclude certain types of results. From our research, we found these techniques actually cause you to miss critical gems of information. We believe Diver 3.0, with its speed, accuracy and filtering can make the use of techniques like these obsolete.”
While a bold statement, Broadlook has done extensive research and will be publishing its findings in the upcoming month. We look forward to showing you what 30 % improvements can impact your business development, sales, and sourcing efforts.
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