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Welcome to The Wedge Report - May 2005


"Give Us Reminders...Help us keep the Wedge in front of producers and managers..."

The overwhelming (over 40% of respondents) response from you, our readers, is that you'd like on-going reminders to help reinforce our books, public workshops, and custom services. Reading the results was exciting; one of the key ways the Wedge is different from "sales training" is that we're always going to be there for you. To succeed in sales you can't "put the training on the shelf," and the Wedge certainly doesn't allow that!

To further assist you in this regard, over the coming months we will be bringing forward specific reminders about Pre-Call Strategy, Ladders of Abstraction, Picture Perfect Wedges, and much more. We will also continue the "Useful Sales Tips" column on the right side of our newsletter to ever broaden your overall understanding of the Wedge. If there is a particular concept you need help with, just Let Us Know.

If these terms are unfamiliar to you, you might want to attend a public workshop or get a copy of How to Get Your Competition Fired available in bookstores everywhere.

We do appreciate your taking the time to complete the survey and read The Wedge Report. We understand how valuable your time is and know that your primary goal is to become the best salesperson you can be. The Wedge Group is committed to that goal and will be there to help you generate the sales results you deserve. Now, Go out, stop selling and start winning!

Randy Schwantz
President & CEO
The Wedge Group





News from Around the Industry - May 2005

The FBI is Looking at Accounting Practices
Given recent Federal Bureau of Investigations activities into the insurance industry, the American Insurance Association responds... Read More.

April 2005 Shows a 1% increase in Job Rates
Bureau of Labor statistics show that "insurance industry payrolls increased by 1,700 in April to 2.257 million jobs, after a revised 5,700 decline in March." Read More.

ex-CEO Greenberg (AIG) Back in the News
According to the New York Times, federal prosecutors are looking into whether Maurice Greenberg led stock manipulation efforts in his final weeks as CEO. Read More.


We hope you have enjoyed this month's The Wedge Report. If you have any comments, questions, or story ideas, please don't hesitate to Contact Us. Also, if you know anyone who would like to receive a copy of The Wedge Report, please forward them this copy and suggest they subscribe online.



The Wedge Group - more than sales training

USEFUL SALES TIPS:
Eliminate Call Reluctance - The Rest of the Story

This month, we conclude our conversation on call reluctance and the evaluation you need to perform to ensure success.


"Once you have defined a SMART strategy, it is essential that you evaluate what it will really take for you to pursue the strategy.

We call this evaluation the "PERmit Strategy." Like filing your taxes, you have to figure out what emotions cause your call reluctance. Those items that (P)revent you from excelling, that (E)nable you to succeed, and what (R)esources are required for success.

An exercise to evaluate your SMART goal using the PERmit Strategy is to ask:

  1. "What prevents you from acting on this goal right now?"

  2. "What will enable you to take action, even though you still are subject to the preventing emotion above?"

  3. "What resources do you need to support your efforts to overcome the preventing emotion?"

Repeat this cycle of questions until you are ready to act. When you really understand what is stopping you, what you can achieve, and how little you need to succeed, Call Reluctance will fade away!"

If you'd like to practice these exercises or have The Wedge Group customize a program for your sales team, Contact Us.


MAKING A DIFFERENCE

"The Wedge Approach has been an important factor in my growth, and in addition, our training sessions with you have got me to believe in myself, my experience and my collective expertise."
Garth Lane
Account Exec. - Lloyd Sadd Ins.

Have a story you want to share?
Let Us Know
Learn more about how The Wedge Group sales training makes a difference

UPCOMING WORKSHOPS/SEMINARS
THE WEDGE
Aug. 15 - 16, 2005
Newark, NJ

Oct. 17 - 18, 2005
Las Vegas, NV

For more information about these and other Wedge workshops, Contact Us.

Learn more about The Wedge Group sales training workshops and seminars

NEW AT THE WEDGE GROUP
Get the new book from The Wedge Group - HOW TO GET YOUR COMPETITION FIRED
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