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Emotional Intelligence for Sales Success
Emotional Intelligence for Sales Success
Dr Mike Bagshaw Trans4mation
Daniel Goleman, a pioneer of the concept of emotional intelligence (EI or
sometimes known as EQ), defines EI as "the capacity for recognising our own
feelings and those of others, for motivating ourselves, and for managing
emotions well, in ourselves and in our relationships."
This is a
critical skill in selling, along with the particular competences of optimism
and recovering from setback. The salesperson who knows the product inside out
will not succeed without the additional ability to forge strong relationships,
win trust, assess how the client is feeling, and cope with their own feelings,
including disappointment.
Are You Emotionally
Intelligent?
Answer the following questions with 'Yes' or 'No'.
- Are you aware of the subtleties of your own
feelings?
- Do you usually know what other people are feeling, even
if they don't say so?
- Does your awareness of what others are going through
give you feelings of compassion for them?
- Can you carry on doing the things you want to do under
distressing circumstances, so they don't control your life?
- When you're angry, can you still make your needs known
in a way that resolves rather than exacerbates the situation?
- Can you hang on to long-term goals, and avoid being too
impulsive?
- Do you keep trying to achieve what you want, even when
it seems impossible and it's tempting to give up?
- Can you use your feelings to help you to reach
decisions in your life?
The Soft Stuff With Hard
Results
Cognitive skills have traditionally been given a higher
value. They are called hard skills, while those associated with emotional
intelligence are called soft. This idea has been enshrined through the ages,
with Descartes going so far as to say "I think, therefore I am." In his view,
you needed your hard skills to override your soft side in order to make a
rational decision.
Antonio Damasio, Professor of Neurology at Iowa
University, disagrees. His theory is complex, and in his book, Descartes Error,
takes 267 pages to explain. Very briefly, he says that the physical processes
of logic and emotion are closely tied in the brain. It doesn't make sense to
separate the two. In practice, we use emotional information as well as logical
analysis when we decide what to do. Damasio talks of 'somatic markers' in the
brain. These are signals that tell us the likely effects of our intended
action. These somatic markers remind us when something is likely to cause more
upset than the value of the action warrants.
Damasio has worked with
patients in whom these cerebral connections have been lost. They are often
capable of solving complex logical problems in the clinic, but cannot function
well in the real world, because their decisions take no account of emotional
factors. The extreme example of this predates Damasio.
In 1848, a young
man called Phineas Gage was in an explosives accident that resulted in him
having an iron bolt in his head. Astonishingly, this had little effect on his
logic, but ruined his ability to do any job at all. He could no longer relate
to people. The bolt had destroyed his emotional intelligence.
There is plenty of anecdotal evidence that
high emotional intelligence helps to make sales. If you get on well with
customers, they are more likely to buy. There is sound research evidence as
well. As just one example, L'Oreal changed its salespeople recruitment policy
to allow for the emotional competencies of the applicants. The result was a
dramatic increase in sales and reduction in turnover. Another example comes
from Hay/McBer Research and Innovation Group. They compared a group of
insurance salespeople who were weak in emotional intelligence with another
group who were strong in at least five out of eight EI competences. Using the
cold hard measure of value of sales, the group with better soft skills
performed twice as well.
Emotional intelligence begins with
self-awareness. The more the person's self-image concurs with the impression
that other people get, the better that person will be able to communicate. This
also involves an awareness of how the other person is reacting. The same
demeanour might be regarded as aloof or respectful, friendly or over familiar,
witty or flippant, depending on that person's views and expectations. The
emotionally intelligent can perceive this, and adapt
accordingly.
Standing in the Others Shoes
Empathy is
another EI competency that is fundamental. Understanding how the client feels
and what is important to them gives vital information. Does this person want
the product at all? If not, it is better to look elsewhere. If they do, do they
want this particular brand? What could be done to make it more attractive? The
sales person who starts at customer needs, then looks for ways to accommodate
those needs, is more likely to sell than one who starts with the product, and
attempts to mould the customer to fit.
Empathy is also a factor in
building relationships of trust quickly. This is particularly important in
sales, as it is becoming more and more difficult to differentiate between
products in a particular sector for any length of time. This means that the
quality of the relationship with the sales person can make the
difference.
Our society is growing more and more diverse. Salespeople
are likely to meet people from a wide range of backgrounds, and form good
relationships with them. This means being sensitive to different viewpoints,
and especially, being able to challenge your own assumptions when you meet
difference. This takes high self-confidence, self-awareness, and empathy, all
EI competences.
Are you a Glass Half Empty or a Glass Half Full?
Selling can be gruelling. It is likely to involve followed by
disappointment, when there is a lot at stake. Those who quickly sink into
despair are not suited to this pressure. Optimism is one of the EI competences.
Martin Seligman has done a lot of work in this area. He has measured insurance
salespeople in terms their optimism, and this showed increased sales to the
tune of 37%. The topic of learned optimism will be covered in depth in a later
article.
The Marshmallow Test
Self-motivation is a
self-fuelling reward system. Those who have the will inside themselves to
succeed will persevere, monitor their performance for themselves, and find ways
to improve. Those who have to be cajoled with incentives are unlikely to
succeed as salespeople. It is a job that requires unsupervised pressing
forward, with accurate self-assessment, and bouncing back from disappointment.
Walter Mischel did an interesting experiment with young children. He offered
them a marshmallow immediately, or two marshmallows if they could leave the one
on the plate alone while he went away for twenty minutes. Those who were able
to resist immediate temptation showed higher social adaptability, as well as
greater academic success than the rapid scoffers. Their ability to regulate
their emotional responses was the foundation stone for behaving in an
emotionally intelligent way in later life.
Were you were one of those
children who found it difficult to defer immediate gratification? The good news
is that EI is far more amenable to improvement in later life than IQ.
Goleman, D. (1998). Working with emotional intelligence. New York: Bantam.
Damasio, A. (1994). Descartes' Error. Picador Seligman, M. E. P.
(1990). Learned optimism. New York: Knopf.
About the
author
Dr. Mike Bagshaw is a Chartered Psychologist, has a PhD in
Human Learning and Motivation and has been extensively published in business
and academic literature. He has been an International Business Consultant for
the last 10 years and is currently a Director at Trans4mation®.
Trans4mation® employs a combination of psychological know-how and
commercial reality to create programmes that are effective, useful and
relevant. Programmes are developed to provide a real impetus for people to
change their attitudes and behaviours, whilst giving them the practical tools
to achieve organisational objectives.
Clients include: GlaxoSmithKline,
Pfizer, Johnson & Johnson, Guys & St Thomas' NHS Trust and Natwest
Bank.
For further information on training and coaching in the field of
Emotional Intelligence, visit:
Trans4mation
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