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Three Expensive Consequences For You

  1. The critical domain knowledge required for sales conversions resides in less than 20% of sales teams and the remaining long tail consists of ineffective sales activity with few conversions.
  2. Domain knowledge leaks out of the company with any sales force departure and has to be reconstructed again with new hires, creating a spiralling downward feedback loop of lower morale, staff turnover, and lower profits from lower conversions.
  3. The lack of domain knowledge pooling leads to a tendency to go with what has always worked, so finding new markets and customers becomes random or high risk.