By the year 2020 almost half of the Canadian workforce will be comprised of millennials – what does this mean for you and your organization?
Because of this workforce shift, the business landscape will change dramatically and the way customers and companies buy and sell is bound to evolve. Creating the optimal sales team and culture that will transition seamlessly into 2020 is quickly becoming a priority for industry leaders and companies. The challenge that most companies are facing is the new complex social and organizational demographic differences on their sales teams.
Of your sales team, what percentage are Baby boomers or over the age of 50? What percentage of your sales team are under the age of 35, Millennials?
The response we typically hear is that currently, around 50% of sales teams are Baby boomers and less than 10% are millennials. By 2020, 50% of the workforce will be Millennials. This means that Baby boomers will be selling to a market half-comprised of millennials – Are you prepared for the impact this will have on your sales team and more importantly, your customers?
Understanding the current workforce – according to Statistics Canada
Love them or hate them Millennials are here to stay, and in order to take action, you should ask:
Here are 5 key action plan strategies that will help you and your team evolve into 2020:
During the next few months, stay tuned for a series of articles on how YOU can get your team ready for the NEW DEFINED Sales Team by 2020.
About the Author:
Lisa is the fire and fuel behind Teneo Results. As a Sales Strategist, Speaker & Coach – she is leading sales leaders and their teams to define the new sales team model.
As a top million-dollar salesperson, she loves to help transform teams to gain the competitive advantage through strategic consultative conversations.
Lisa is a Certified Sales Professional with Distinction (CSP2) and is one of six accredited training partners with the Canadian Professional Sales Association. Lisa carries the distinction of being the first female speaker to earn the dual designation of Certified Sales Professional and Certified Speaker Professional in North America.
Disclaimer: The views and opinions expressed in this article are strictly those of the author. CPSA does not endorse any of the companies, products and services mentioned within this article.