Driving Sales Effectiveness Through Sustainable Learning

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Driving Sales Effectiveness through Sustainable Learning August 12, 2014

description

In this webinar, we are joined by John Knoble, Director of Sales Learning at Ethicon (A Johnson & Johnson Company). John discusses how a traditional approach to learning was no longer enough for his organization and how his ecosystem has evolved to become more sustainable. He discusses the challenges he faced, the changes he made and the results he has seen. Have a read through the webinar summary and watch the recording here: http://www.axonify.com/2014/08/webinar-summary-driving-sales-effectiveness-through-sustainable-learning/

Transcript of Driving Sales Effectiveness Through Sustainable Learning

Page 1: Driving Sales Effectiveness Through Sustainable Learning

Driving Sales Effectiveness through Sustainable Learning

August 12, 2014

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Some Housekeeping Details

The event is being recorded

Use the Q&A window

The Polling function

Follow the conversation on Twitter: #LTENWebinar

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The Focus of Today

o 4 Challenges Impacting the Healthcare Sales Rep

o Challenges & Impact

o Introducing a New Approach to Learningo Brain Scienceo Gamificationo Personalization

Carol LeamanCHIEF EXECUTIVE OFFICER AXONIFY

John KnobleDIRECTOR OF WW SALES LEARNINGETHICON, INC.(A J&J COMPANY)

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John KnobleDirector of Worldwide Sales Learning

Ethicon, Inc.

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o Member of the Johnson and Johnson family of companies.

o Global manufacturer of medical devices committed to advancing surgical care for patients for over 80 years.

o Breadth of products used in most every procedure and by most every surgical specialty.

o Highly trained and respected clinical sales force.

About Ethicon

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THE REALITY: The role of the healthcare sales rep has never been so challenging and it’s expected to continue to get more demanding.

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Healthcare reform and implications of the Affordable Care Act.

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o Required to understand concepts of ACA to better understand customer impact

o ACOs

o Shifts in reimbursement and financial incentives

o Pay for Performance

o Hospital Value Based Purchasing (HVBP)

Healthcare Reform & ACA Implications

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Longer, more complex sales process.

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o No longer just selling to the surgeon, now must be able to speak to the C-Suite and sell to high level groups and other clinical and economic stakeholders

o Must have the financial acumen to sell to this broader audienceo Risk avoidanceo Re-admission rateso Value Analysis Committees

Longer, More Complex Sales Process

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Increasing compliance demands.

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o Increasingly complicated rules imposed on sales reps

o Training Certifications

o Credentialing

Compliance Demands

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Product knowledge required is getting increasingly more complex.

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o Frequently changing product mix for sales force to support customer requirements

o The need to balance the clinical conversation with the business conversation

o Required product knowledge can span multiple specialties, procedures and disease states.

Complex Product Knowledge Required

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SUMMARY: Reps are so overwhelmed with the amount of knowledge required that it impacts both confidence and performance.

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1. Product knowledge

2. Competitive intelligence

3. Resources and tools awareness

4. Compliance/regulations

Poll #1Where in your organization are you experiencing the largest knowledge gaps?

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o Traditional training methods were no longer enough:

o Annual training meetingo 6-8 weeks away from

homeo One-size-fits-allo One-time secondary

training

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ETHICON Academy Blended Learning Model

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o Challenge with pull-through learning

o How to avoid the “one and done”

o Pull vs push approach

o Align to strategic priorities

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o A new approach was needed to address these 4 challenges, along with the ability to manage:

Constant Change

MobileWorkforce

Multi-Generations

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Competing Noise

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o Keep knowledge, especially product knowledge top of mind with reps

o Increase post-training retention

o Monitor knowledge gaps

o Increase sales reps confidence

o Adjust to strategic priorities – on the fly

o Balance the need to learn with the need for customer time

Looking for a way to….

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o Everyday bite-sized, gamified learning platform

o Rolled out to 75 sales reps throughout the US

o Hernia Repair (procedures and products)

o Objectives:o 70% voluntary participationo Knowledge growtho Increased confidence

Piloted an Innovative eLearning Platform

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Pilot Results

Impacted Sales

>50%Increased Confidence & Product Knowledge

Participation

Voluntary Participation

Informed Employees90%

Prefer New Learning Method

82%

“I love this approach to learning. It was fun and I definitely feel more confident selling the hernia portfolio.”

Ethicon sales reps are more

confident in their product

knowledge and as a result they have

more effective customer

engagements...

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o Axonify creates confidence

o Word of mouth on Axonify within the FSO spread quickly – build on the momentum

o Enables ‘tapping’ into the minds of the FSO

o Align Axonify to complement your curriculum

o Position Axonify as an element of your Learning Continuum

Summary of our Learning

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Initial Learning Event

1. Self-Study2. Virtual

Classroom 3. Hands-on

Sessions

Reinforcement of Learning

Secondary Learning Event

– Product Launches

New Content Added and Reinforced

The Sustainable Learning Ecosystem

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Next steps…where are we now…

o Expanded to 80% of our Field Sales Organization (remaining

specialty rep content being built)

o Aligned to our own Rewards Program

o Adding content every month

o Leveraging to drive strategic priorities

o Assessing organization knowledge gaps

o Adding non-clinical content – moving from purely clinical to

comprehensive

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Carol LeamanCEO

Axonify

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Learning Event

Results

Question Based Reinforcement

Training Burst

LearningTransfer

Gap Identification

How it Works

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Ethicon in Action

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Ethicon in Action

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Ethicon in Action

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Ethicon in Action

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Ethicon in Action

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Ethicon in Action

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Ethicon in Action

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Ethicon in Action

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Ethicon in Action

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Ethicon in Action

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Training in short-bursts anytime on any device.

Embedded

Why it Works

The latest in behavioral psychology and retrieval based practices.

Brain Science

Short and fun, easy to play

games, social leaderboards and rewards.

Gamification

Proprietary knowledge personalization algorithm.

Personalization

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E L E V T O R

VThree Core Concepts Driving Retention

Spaced Repetition

Also known as interval reinforcement.

Retrieval Practices

The questioning format.

Contributes to long term retention.

Confidence-Based Assessment

“When combined, spaced repetition and retrieval practices deliver the optimal environment for retention.”

Dr. Alice Kim, Rotman Research Institute at Baycrest

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Interval Reinforcement

Exposing employees to ideas 3 times over 30

days, versus 1 time over 30 days.

3 Times After 30 Days

1 Time After 30

Days

10%

50%

90%

DAYS 1 2 3 4 5

KN

OW

LED

GE R

ETA

INED

10 15 20 25 30

RetentionIncreases Up To

90%

Training Event 1 2 3

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Confidence-Based Assessment

The use of a confidence-based learning methodology:

o Has shown better knowledge retention and knowledge acquisition.

o Triggers an emotional reaction, which assists with long-term retention.

KNOWLEDGE 5

30

MisinformedMistakes

MasterySmart Action

UninformedParalysis

DoubtHesitation

Source: Dr. James Bruno Confidence-Based Learning Methodology, UCLA

More effective knowledge acquisition & retention

15-20% Law AcademyPass rate on certification exams went from

79% to 100%

CO

NFI

DEN

CE

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Repeated retrieval is more effective for long term retention than repeated study.

Repeated Retrieval

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Study Repeated Study Concept Mapping Retrieval Practice0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8Pr

opor

tion

Corr

ect

Source: 2011 study by Jeffrey D. Karpicke, Department of Psychological Sciences, Purdue University

Repeated retrieval leads to better learning

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