Category Archives: Uncategorized
How Much Value Is Leaking From Your Sales Process?
How should you measure the performance of your sales teams? Most sales leaders measure their teams by total sales in dollars . For example, the southeast region sold $27.2 million in calendar year 2021, and the west region sold $15.3 … Continue reading
Seven Reasons your ROI Spreadsheet Fails to Sell
Your sales team created an ROI spreadsheet, a spreadsheet that attempts to quantify the return on investment (ROI) of your business’s offerings, for your prospective customers. You share this with your customers to persuade them to purchase your offerings, but your customers are not convinced. They don’t believe the assumptions and they find your spreadsheet confusing. They take no action. Or they purchase from a competitor. Continue reading
Simulating the Complex Sale – Statistics.com Feature
In December of 2019, Statistics.com featured Hanging Steel Productions. Read their report on our Value Clarity Model here.
Book – Business Modeling: A Practical Guide to Realizing Business Value
In 2009, CEO and Founder David Bridgeland co-wrote Business Modeling: A Practical Guide to Realizing Business Value with Ron Zahavi. Check it out on Amazon.
Clients and Customers
A value model has two different end user organizations, in two different roles. We use two different words for these end user organizations, in order to distinguish them: “client” and “customer”.
Buyer Decision Support
At Hanging Steel Productions, we create buyer decision support apps, applications that help buyers make better decisions.
Modeling the Network
(This is a description of a particular model, a simple Excel model I use for my own business development. I explain it, mostly in words, but with a couple of graphs and a bit of math. If you want to … Continue reading
Models are often built as black boxes. A user can explore the dynamics of the model, trying different actions and viewing the results. But the internals are hidden: the user cannot see how his actions produce the results.
Optimization Destroys Value
In 2009, Michael Dougherty and I created Mass Enrollment, an interactive simulation of the process of signing up illegal immigrants for an amnesty, should Congress pass a law granting immigration benefits to illegal immigrants. Mass Enrollment had a user interface, … Continue reading
I have used many modeling and simulation tools. I even worked for a tool vendor once, 15 years ago: Powersim. But lately my favorite tool is Forio Simulate. Why Simulate? Three reasons.