Industrial Success Depends on Trust and Respect

Industrial Success Depends on Trust and Respect

This is why it is critical for your company and your customer-facing team to have earned the trust and respect of your prospects. Industrial products and services are complex. Using complex products results in numerous business outcomes. Some outcomes are not tangible...
15 KPIs for Your Aftermarket Service Team

15 KPIs for Your Aftermarket Service Team

You should develop a list of KPIs you and your organization feel comfortable using. Whatever KPIs you choose should be able to explain how achieving a good outcome will help the company or your customers achieve its objectives. If you become the business KPI pioneer,...
Service Revenue as a Percent of Total Sales (2022)

Service Revenue as a Percent of Total Sales (2022)

As a consultant, I talk with a lot of people. At some point, the conversations go like this: Prospect: How large can I grow my service business? Me: First, let’s get the question straight. You are asking me how much service revenue I can make as a percentage of total...