Remove 2001 Remove Productivity Remove Sales
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What Sales Teams Should Do to Prepare for the Next Recession

Harvard Business

In the 2001 recession, total sales for the S&P 500 declined by 9% from its pre-recession peak to its trough 18 months later—almost a year after the recession officially ended. Zero-base sales capacity. Too many sales teams use outdated practices in making account and territory assignments. billion vs. $1.2

Sales 130
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The Art of the Elevator Pitch

Harvard Business

If there is no logline, more often than not, there is no sale. What does your startup or product do? Steve Jobs was a genius at identifying the one thing he wanted us to remember about a new product. In 2001 it was that the original iPod allowed you to carry “1,000 songs in your pocket.”

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Recessions Push People to Buy Cheap Things, Which Just Makes Everything Worse

Harvard Business

The next recession, which came in 2001, was short and mild (GDP barely fell), but it took four years for the job market to heal, prompting the Federal Reserve to administer the economy a long course of low interest rates. Whole Foods, an upscale supermarket, employs six workers per million dollar of sales. economy recovers. In the U.S.

Sales 71
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The Outside-In Approach to Customer Service - SPONSOR CONTENT FROM HBS EXECUTIVE EDUCATION

Harvard Business

An outside-in perspective means that companies aim to creatively deliver something of value to customers, rather than focus simply on products and sales. It’s worth noting that the companies and business units in my study were tracked between 2001 and 2007. A Smarter Way to Reduce Customer Defections.

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Top Five Lessons Learned from My 16 Years as an “Interim VP Marketing”

Women in Consulting

:: Since founding my consulting company in 2001, I’ve been serving Silicon Valley CEOs as an interim VP marketing. If you’re tempted to say that no one else offers the same product or service that you do, then there’s a good chance that either you’re kidding yourself or there is no market for what you want to sell.

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How Investors React When Companies Announce They’re Moving to a SaaS Business Model

Harvard Business

launched a Software-as-a-Service (SaaS) subscription version of its key product line, Creative Suite, causing its net income to plummet by almost 35% percent the following year. Investors preferred new SaaS products over product conversions and valued having a product fallback option. On April 23, 2012, Adobe Inc.

Company 70
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What GE’s Board Could Have Done Differently

Harvard Business

During Jeff Immelt’s tenure as CEO of General Electric, from 2001 until 2017, the company’s stock price fell by over 30%, a decline of roughly $150 billion in shareholder value. When Jack Welch stepped down as CEO in 2001, GE’s defined benefit (DB) plan was sitting on a surplus of $14.6