Corporate Health Group - experience. insight. impact.

April Issue | 2011

CHGTeam@corporatehealthgroup.com | 1.888.334.2500
To be good is noble, but to teach others how to be good is nobler - and less trouble. - Mark Twain

If you answered, "I think so" or "kind of" or "once a year, we do," you're not alone. Whether you're a physician liaison or leader responsible for a team - new to the role or not - you must know that training is critical to your success.
Sales/Service Training Conducted Pie Chart
Click here to view the At a Glance summary results from Corporate Health Group's 2010 Best Practice benchmarking survey for more on this and other topics related to physician sales and service.

Courtesy of:
"Physician Sales and Service Grows as a Strategic Component, Competitive Maneuver 2010."

In our recent national benchmarking survey, 34% of programs reported having no sales training in place. What's more, the 66% of respondents who claim to have training in place rely on a balance between webinars and annual conferences. Admittedly, individual and field instruction has decreased from 2008.

We want to see this number increase over the next few years. And we know it's difficult to even think about training when you're struggling to make your volume and revenue numbers and uncertain about the effects of impending healthcare reform. Yet this is exactly why training should be at the forefront of your mind. Proper onboarding and ongoing training have proven to elevate a sales team's confidence, effectiveness and outcomes.

Use this issue as a way to drive some new tactics around personal development for you and/or your team. And the next time we ask, "Got training?", you'll be the first to say "Yes! And because we do, we're seeing more referrals, too!"

2010 SURVEY RESULTS ARE IN!
No More Warm Bodies
Lessons from the Coffee Shop - 5 Reasons Why Training Must Be a Priority
The ROI of Compensation and Training
Product Partner Highlights: Talent Speaks, Talent Plus Successful Hospital Opening

Learn from others’ successes at www.talentplus.com/healthcare
2010 Survey Results Are In!
Thank you for your participation and valuable input on our survey.

You wanted it - we've got it! Click here for your electronic copy of the At a Glance summary results from Corporate Health Group's 2010 Best Practice benchmarking survey. Learn what others in your shoes have done to build their physician relations program. Results include:
  • Structure and Leadership
  • Staffing
  • Compensation
  • Strategy
  • Infrastructure support (Training & CRM)
  • Return on Investment
In the 2010 survey, "Physician Sales and Service as a Strategic Component, Competitive Maneuver 2010," CHG retained 2008's core survey questions and added select questions to reflect new trends and topics of interest. CHG worked with many associations, journals and health care marketing organizations to ensure a broad distribution of the online survey which was completed by 323 physician sales stakeholders from hospitals, health systems and large practices in 41 states, resulting in a diversity of participating organizations to provide confirmation of the best practices while also identifying new models and trends for consideration.

Looking for more detail on a particular hot topic? Click here to access the comprehensive white paper, and review the comparative data, "Physician Sales and Service as a Strategic Component, Competitive Maneuver 2010."
No More Warm Bodies
Trusted Advisor
Recruiting, Retaining and Training the Right Customer Relations Staff

It's a dilemma every hiring manager faces: Hire a "warm body" to have someone in place quickly before the position is frozen — or worse, eliminated — or take the time to find, train, and appropriately compensate the right individual for the job.

In his book, Good to Great, Jim Collins says successful companies "first got the right people on the bus (and the wrong people off the bus) and then figured out where to drive it."

Read the complete article >>
Lessons from the Coffee Shop -
5 Reasons Why Training Must Be a Priority
Trusted Advisor
There are many stories of companies using training to turn around their company culture, operations and results. The Starbucks Experience: 5 Principles for Turning Ordinary into Extraordinary, by Joseph A. Michelli, relates how a company that was off course and having difficulties used training as a pivotal strategy to help them get back on track.

Starbucks closed every store for three and a half hours of training. More than 135,000 employees at 7,100 stores learned to Perfect the Art of Espresso, as the training event was called. Company officials considered the training an investment in their employees that was "designed to energize partners and transform the customer experience."

In the face of heightened competition, Starbucks knew it had to provide a better product along with the experience they've become known for—including store atmosphere, employee attitudes and customized service.

Read the complete article >>
The ROI of Compensation and Training
Tough Questions
For sales to succeed, team members must be armed with the right focus, messages, tools and motivation. To that end, Carolyn Merriman, President, Corporate Health Group, offers the following tips on compensating and training healthcare sales staff:

Compensation
  1. Align the compensation plan to reflect the goals.
    If growth in key services or for targeted physicians is the goal, specify that. Make sure you can track and report on activities and results, and then reward individuals or the team for achieving desired results. Variable or incentive compensation plans that offer bonuses in addition to base pay are the norm for sales staff in other industries. However, they're used by less than half of healthcare organizations with a sales function.
Read the complete article >>
Product Partner Highlights:
Talent Speaks, Talent Plus Successful Hospital Opening
Product Partner Highlights
Through Talent Plus' talent-based interviews and assessments, hiring managers can focus on the talent of an individual for a particular role - from front line to senior leadership. Through careful selection based upon the talent (a person's capacity for near perfect performance) and casting that talent in the right role, provided with coaching and development - health care organizations have found they are able to see a direct impact to the bottom line as well as improving patient satisfaction and employee engagement - resulting in reduced turnover and improved patient care and outcomes.

Talent Plus is an internationally recognized management and consulting firm with over 200 clients in 20 countries delivering interviews in more than 20 languages. Through decades of studying over 4 million successful people at all organizational levels within hundreds of companies and organizations, Talent Plus has developed scientific, talent-based tools to assist organizations in the areas of selection, development, retention, mentoring, evaluation and research to maximize the human resource assets within their organizations.

Read Talent Speaks, Successful Hospital Opening >>

Do you need to...
  • enhance the quality of patient care?
  • increase employee engagement?
  • reduce turnover?
  • improve patient satisfaction?
  • create a more patient- and family-centered culture?
Learn from others' successes at: www.talentplus.com/healthcare
ANNOUNCEMENTS
"Survey says!"
Find out
how others in your shoes have built their Physician Relations program.

TIPS & TECHNIQUES
Use this checklist to help set up your next training:

Who to Train
Companies that have included operations/clinical staff in their sales training have found success in customer retention. Positions to consider include:
  • Account Executives
  • Business Development Representatives
  • Physician Liaisons
  • Customer Service Representatives
  • Program Managers
  • Sales Managers
  • Service Line Directors
What to Cover
Sales training should be customized to your services - focused on understanding the customer's needs and demonstrating your organization's ability to meet them. Training should include:
  • Sales planning
  • Prospecting
  • Understanding buyer needs
  • Positioning your services as a benefit-driven solution to these needs
  • Handling buyer objections and closing the sale
  • Role-playing and scripting
  • Building long-term relationships with your customers
Selecting the Trainer
Your trainer should:
  • Know how to sell and help your staff communicate a consistent message about your organization's benefits
  • Have an intimate knowledge of your services
To have credibility with your sales team, the trainer must:
  • Know how to work with customers
  • Encourage participation
Click here for more ideas
on Training.
QUESTION & ANSWER FORUM
We want to hear from you. For help with a sales strategy issue, please submit your question. Each quarter, we will draw from all the entries for a prize!
Looking Forward to Our Next Issue:
In June, we focus on:

ROI Tools
  • CRM
  • ROI Models
  • Case Studies
Looking for a training session or speaker for your hospital? CHG has a team of specialists for customer service and experience, sales and business development and organizational strategic thinking. Visit www.corporatehealthgroup.com or call 1-888-334-2500.

To view all CHG newsletters, please click here

Share your feedback with us. What do you want to know more about? What are some of the issues you're facing? Your comments will help us zone in on the physician topics of interest to you as we prepare our next issue.
CHGTeam@corporatehealthgroup.com | 1.888.334.2500
Copyright 2010 All Rights Reserved - Newsletter 2010