{"id":946,"date":"2009-05-10T08:02:25","date_gmt":"2009-05-10T13:02:25","guid":{"rendered":"https:\/\/www.peaksalesrecruiting.comblog\/80-of-companies-dont-measure-roi-on-sales-training-dave-stein\/"},"modified":"2015-05-04T19:45:36","modified_gmt":"2015-05-04T19:45:36","slug":"80-of-companies-dont-measure-roi-on-sales-training-dave-stein","status":"publish","type":"post","link":"https:\/\/www.peaksalesrecruiting.com\/blog\/80-of-companies-dont-measure-roi-on-sales-training-dave-stein\/","title":{"rendered":"80% of companies don&#8217;t measure ROI on sales training &#8211; Dave Stein"},"content":{"rendered":"<p>Selling Power Interview with Dave Stein discussing approaches to sales training. His company, ES Research, helps sales management and corporate training organizations evaluate, select and implement sales training and productivity improvement programs.<\/p>\n<p>Some interesting notes from the interview:<\/p>\n<ul>\n<li>US companies spend $4B per year on sales training<\/li>\n<li>only 20% of companies measure the effectiveness of the their sales training<\/li>\n<li>there are many different types of sales training programs and methodologies, but sales training programs are typically selected based on subjective criteria such as charisma of the training company CEO, the look of the web site, level of advertising.<\/li>\n<\/ul>\n<p>Dave suggests the right approach to selecting a sales training company involves:<\/p>\n<ol>\n<li>perform an objective assessment of your current situation and sales challenges<\/li>\n<li>create specific training requirements and goals<\/li>\n<li>request proposals from vendors based on the requirements<\/li>\n<\/ol>\n<p>I agree with Dave\u2019s advice. Not all sales training programs are equal and not all trainers are the same. The sales training market is highly fragmented. There are a few large recognized names, which are usually tied to a specific methodology which may or may not be suitable for your company\u2019s selling environment and goals. Beyond that there are many local trainers\/consultants who have either developed their own training program based on experience or add their own flavor to the name brand training which make evaluation even more complicated.<\/p>\n<p><object data=\"https:\/\/www.sellingpower.com\/video\/swf\/DailyReportNew.swf\" type=\"application\/x-shockwave-flash\" width=\"329\" height=\"288\"><param name=\"id\" value=\"DailyReport\" \/><param name=\"name\" value=\"DailyReport\" \/><param name=\"flashvars\" value=\"MM_ComponentVersion=1&amp;autoplay=0&amp;autoRewind=false&amp;streamName=https:\/\/web3.streamhoster.com\/sellingpower\/SPDR\/FLASH\/stein_david_dr001.flv\" \/><param name=\"src\" value=\"https:\/\/www.sellingpower.com\/video\/swf\/DailyReportNew.swf\" \/><param name=\"wmode\" value=\"transparent\" \/><param name=\"quality\" value=\"high\" \/><\/object><\/p>\n<p>relpost-thumb-wrapper<\/p>\n<div class=\"relpost-thumb-wrapper\"><!-- filter-class --><\/p>\n<div class=\"relpost-thumb-container\">\n<h3>Related posts<\/h3>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n<p><!-- relpost-block-container --><\/p>\n<div class=\"relpost-block-container\">\n<div class=\"relpost-custom-block-single\" style=\"width: 150px; height: 215px;\">\n<div class=\"relpost-block-single-image\" style=\"background: transparent url('https:\/\/g9d6c5a5.rocketcdn.me\/wp-content\/uploads\/2017\/05\/9-Ways-Your-Killing-Sales-Team-Morale-150x150.png') no-repeat scroll 0% 0%; width: 150px; height: 150px;\" aria-label=\"9 Ways Your Killing Sales Team Morale\"><\/div>\n<div class=\"relpost-block-single-text\" style=\"font-family: ProximaNova, sans-serif; ;  font-size: 15px; color: #6eba57;\">9 Ways You May Be Killing Sales Team Morale [Infographic]<\/div>\n<\/div>\n<div class=\"relpost-custom-block-single\" style=\"width: 150px; height: 215px;\">\n<div class=\"relpost-block-single-image\" style=\"background: transparent url('https:\/\/g9d6c5a5.rocketcdn.me\/wp-content\/uploads\/2016\/02\/B2B-Sales-Trends-2016-150x150.jpg') no-repeat scroll 0% 0%; width: 150px; height: 150px;\" aria-label=\"2016 B2B Sales Trends\"><\/div>\n<div class=\"relpost-block-single-text\" style=\"font-family: ProximaNova, sans-serif; ;  font-size: 15px; 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alt=&#8221;&#8221; width=&#8221;80&#8243; height=&#8221;80&#8243; src=&#8221;https:\/\/www.peaksalesrecruiting.com\/wp-content\/uploads\/2024\/01\/1cfb2152f763e6118839d97c16339339s80ampdmmamprg.png&#8221; srcset=&#8221;https:\/\/www.peaksalesrecruiting.com\/wp-content\/uploads\/2024\/01\/1cfb2152f763e6118839d97c16339339s160ampdmmamprg.png 2x&#8221; \/><noscript><img decoding=\"async\" alt=\"\" class=\"avatar avatar-80 photo\" height=\"80\" src=\"https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2024\/01\/1cfb2152f763e6118839d97c16339339s80ampdmmamprg.png?strip=all\" srcset=\"https:\/\/www.peaksalesrecruiting.com\/wp-content\/uploads\/2024\/01\/1cfb2152f763e6118839d97c16339339s160ampdmmamprg.png 2x\" width=\"80\"\/><\/a><\/div>\n<div class=\"abh_social\">\n<div style=\"clear: both; font-size: 12px; font-weight: normal; width: 85px; margin: 0 0 2px auto; line-height: 20px;\">Connect:<\/div>\n<\/div>\n<div class=\"abh_text\">\n<h3 class=\"fn name\"><a class=\"url\" href=\"https:\/\/www.peaksalesrecruiting.com\/author\/eliotburdett\/\">Eliot Burdett<\/a><\/h3>\n<div class=\"abh_job\"><span class=\"title\">CEO<\/span> at <span class=\"org\">Peak Sales Recruiting<\/span><\/div>\n<div class=\"description note abh_description\">Before Peak, Eliot spent more than 20 years building and leading companies, where he took the lead in recruiting and managing high performance sales teams. He co-founded Ventrada Systems (mobile applications) and GlobalX (e-commerce software). He was also Vice President of Sales for PointShot Wireless.Eliot received his B. Comm. from Carleton University and has been honored as a Top 40 Under 40 Award winner.<\/p>\n<p>He co-authored Sales Recruiting 2.0, How to Find Top Performing Sales People, Fast and provides regular insights on sales team management and hiring on the Peak Sales Recruiting Blog.<\/p>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"abh_posts_tab abh_tab\">\n<div class=\"abh_image\"><a class=\"url\" title=\"Eliot Burdett\" href=\"https:\/\/www.peaksalesrecruiting.com\/author\/eliotburdett\/\"><\/svg>&#8221; alt=&#8221;&#8221; width=&#8221;80&#8243; height=&#8221;80&#8243; src=&#8221;https:\/\/www.peaksalesrecruiting.com\/wp-content\/uploads\/2024\/01\/1cfb2152f763e6118839d97c16339339s80ampdmmamprg.png&#8221; srcset=&#8221;https:\/\/www.peaksalesrecruiting.com\/wp-content\/uploads\/2024\/01\/1cfb2152f763e6118839d97c16339339s160ampdmmamprg.png 2x&#8221; \/><noscript><img decoding=\"async\" alt=\"\" class=\"avatar avatar-80 photo\" height=\"80\" src=\"https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2024\/01\/1cfb2152f763e6118839d97c16339339s80ampdmmamprg.png?strip=all\" srcset=\"https:\/\/www.peaksalesrecruiting.com\/wp-content\/uploads\/2024\/01\/1cfb2152f763e6118839d97c16339339s160ampdmmamprg.png 2x\" width=\"80\"\/><\/a><\/div>\n<div class=\"abh_social\">\n<div style=\"clear: both; font-size: 12px; font-weight: normal; width: 85px; margin: 0 0 2px auto; line-height: 20px;\">Connect:<\/div>\n<\/div>\n<div class=\"abh_text\">\n<h4>Latest posts by Eliot Burdett <span class=\"abh_allposts\">(<a href=\"https:\/\/www.peaksalesrecruiting.com\/author\/eliotburdett\/\">see all<\/a>)<\/span><\/h4>\n<div class=\"abh_description note\">\n<ul>\n<li><a href=\"https:\/\/www.peaksalesrecruiting.com\/blog\/books-about-sales-management-and-sales-leadership\/\">20 Of Our Favorite Books About Sales Management and Sales Leadership<\/a> &#8211; October 20, 2023<\/li>\n<li><a href=\"https:\/\/www.peaksalesrecruiting.com\/blog\/how-to-make-progress-on-your-sales-goal-without-a-sales-leader\/\">How To Make Progress On Your Sales Goal Without A Sales Leader<\/a> &#8211; September 15, 2021<\/li>\n<li><a href=\"https:\/\/www.peaksalesrecruiting.com\/blog\/how-cmos-can-retain-talent-during-the-great-resignation\/\">Augment Your Recruiting Strategy During \u201cThe Great Resignation\u201d<\/a> &#8211; July 26, 2021<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Selling Power Interview with Dave Stein discussing approaches to sales training. His company, ES Research, helps sales management and corporate training organizations evaluate, select and implement sales training and productivity improvement programs. Some interesting notes from the interview: US companies spend $4B per year on sales training only 20% of companies measure the effectiveness of<\/p>\n<div><a class=\"text-primary mt-2\" href=\"https:\/\/www.peaksalesrecruiting.com\/blog\/80-of-companies-dont-measure-roi-on-sales-training-dave-stein\/\">&#8230;continue reading <span class=\"sr-only\">&#8220;80% of companies don&#8217;t measure ROI on sales training &#8211; Dave Stein&#8221;<\/span><\/a><\/div>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"limit_modified_date":"","last_modified_date":"","cybocfi_hide_featured_image":"","footnotes":""},"categories":[15],"tags":[],"class_list":["post-946","post","type-post","status-publish","format-standard","hentry","category-sales-management"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/posts\/946"}],"collection":[{"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/comments?post=946"}],"version-history":[{"count":0,"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/posts\/946\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/media?parent=946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/categories?post=946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/tags?post=946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}