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Selling Professional and Financial Services Handbook, + Website
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Table of Contents

Preface xi

Acknowledgments xiii

A New Way to Sell 1

Chapter 1 Changing Times, a New Dimension: The Rock-Ripple Strategy 3

It’s All about Recognizing Change 4

What the Man on the Doorstep Did 6

Sense the Wave, Trace the Ripples 7

The Rock-Ripple Effect 9

Chapter 2 Fields of Vision, New Relationships: On Being a Guru 11

What Doesn’t Work; What Does 11

Building Guru Status 13

Creative Solutions 14

What’s Next? 16

Chapter 3 The Four-Stage Process: Why and How It Works 17

Why the First Mover Wins 17

Getting Started, from Wherever You May Currently BE 21

How the Stages Work 22

Stage 1: IDENTIFY

Chapter 4 The Identify Stage: What to Look For 33

The Industrial Mindset 33

Defining and Thinking about What to Look For 35

Experiments in Mind Stretching 38

Drawing Parallels 40

Chapter 5 The Identify Stage: How to Look Systematically 43

The Entrepreneurial Mindset 43

Putting Yourself in the Path 44

Tapping the Internet 44

Tapping Human Intelligence 46

Narrowing Down and Homing In: How the Identify Process Comes Together 47

Moving On 48

Stage 2: EVALUATE

Chapter 6 Intro to Evaluation: Basics and the First Step 53

The Process: First Things First 54

Lost in Space 56

Other Possible Outcomes 56

Numbers versus Judgment 57

Moving On 58

Chapter 7 Deeper Evaluation 59

Evaluation Points 59

Getting to “No” 63

A Note on Strategy versus Sales Skills 65

“Yes,” Plus Continuous Improvement 66

Every Step Counts 68

“Yes” Plus One for the Portfolio 68

Stage 3: INNOVATE

Chapter 8 Innovation and Preparation 73

Where You Stand in the Process 74

Innovating the Solution 74

The Multilayered Benefits of Innovation 76

Innovating the Campaign 77

Building the Package for the Sales Force 78

Background Materials 79

Targeting 80

The Message and the Talk Track 81

The Professional Team and Qualifications 82

Chapter 9 Top-of-Mind Awareness Tools and Launch 83

Parallel Marketing Efforts for Persistent Issues 85

Targets, Tracking, Reporting 86

The Launch Call 86

Stage 4: DEPLOY

Chapter 10 Transforming How You Sell: What’s New, What Isn’t 91

A Game Plan, Not Basic Coaching 92

What You Are Setting Out to Do in the Deploy Stage 93

Transformation, Not a Blitz 94

Chapter 11 Steps to Full Deployment 97

Tracking, Refining, and Extending the Initiative 97

What’s Next, What’s Next? 99

Initiatives May End, but the Process Doesn’t 100

Building Relationships with Content Tools and Events 101

Selling to Both Sides of the Client 103

Roundtables and Other “Scale” Outreach Events 105

Keep It Simple 107

Extending Relationships into Other Initiatives 108

The Multiplier Effect and the Small-World Effect 108

Indirect Sales: The Ultimate Payoff 109

Chapter 12 Hunting or Farming? It’s Both: An Approach for New and Existing Clients 113

The Downsides of Account-Centric Farming (and Why Rock-Ripple Is Superior) 115

Efficiencies on the Hunting Side 118

Where the Differences Come In 119

Indirect Sales: The Big Difference 122

Chapter 13 Where to Go from Here 125

Boarding Call: The Destination, the Ticket 126

It Always Starts with What’s Next 127

Implementing for an Individual 130

Implementing across a Team 132

Implementing across a Firm 136

What’s Next? 137

Appendix A: Books for Further Reading 139

Appendix B: Strategic Initiative Checklist 143

Appendix C: Key Concept: ROCK-RIPPLE 149

Appendix D: The Four-Stage Process 153

Appendix E: Idea-Starters and Tools 159

About the Companion Website 165

About the Authors 167

Index 169

About the Author

Scott Paczosa is a Managing Director in the Chicago office of Navigant Consulting, Inc., with a global leadership role in strategic initiatives, identifying emerging issues and developing strategic responses to breaking market developments. Mr. Paczosa has spent over twenty years coordinating a wide array of services to clients from Fortune 10 corporations to law firms, and across numerous industries including banking and finance, healthcare and pharma, energy, insurance, steel, and transportation. These services have included investigative and litigation services, expert witness testimony, restructuring, valuation, strategy, M&A, performance improvement, due diligence, compliance, and innovative risk-reduction. He frequently works with corporate executives and attorneys from leading law firms to develop innovative solutions for complex issues, both in domestic and international markets. Mr. Paczosa has been intimately involved in developing the firm's approach to assisting clients impacted by the turmoil of the credit crisis. Mr. Paczosa has also been heavily involved in the data breach, healthcare, antitrust, white-collar, mortgage servicing, securities initiatives, and key account program to name a few. Chuck Peruchini is a Managing Director in the Chicago office of Navigant Consulting, Inc. He has sixteen years of experience providing clients with a range of financial advisory services, such as litigation support, valuation, restructuring, and investment banking services. At Navigant, Mr. Peruchini is focused on developing innovative strategic initiatives. Working with practitioners across the firm, he applies the strategies depicted in this book to translate emerging issues into innovative solutions for clients' most pressing needs. Mr. Peruchini is an inaugural inductee into Navigant's Client Service Hall of Fame.

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