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These are the secrets to profitable growth with Steve Daly, Chief Executive Officer at Instructure

These are the secrets to profitable growth with Steve Daly, Chief Executive Officer at Instructure

FromThe Run Revenue Show


These are the secrets to profitable growth with Steve Daly, Chief Executive Officer at Instructure

FromThe Run Revenue Show

ratings:
Length:
37 minutes
Released:
Sep 11, 2023
Format:
Podcast episode

Description

Data-driven decision making is more important now than it has ever been to reach your revenue goals. It’s the backbone of informed decision making. But…is your team utilizing and sharing that data in a clear, concise way across all of your revenue teams? Steve Daly is the Chief Executive Officer of edTech company Instructure, where he is responsible for driving revenue growth and ensuring the company's success in the ever-changing education industry. In this conversation with Kyle, he’s sharing the significance of analyzing key metrics such as revenue, profitability, bookings, and sales productivity, and ultimately how they can help businesses improve accuracy in forecasting and make informed decisions to drive growth and address potential issues.   Here’s what’s inside:  Emphasize data-driven decision making and collaboration. Steve Daly highlights the challenge of collaboration and data overload. To address this, it is crucial to regularly analyze key metrics, such as revenue, profitability, retention, and upsells. By leveraging data and fostering collaboration, teams can make informed decisions, improve accuracy in forecasting, and work towards common revenue goals. Act quickly and focus on beating financial forecasts. Steve Daly shares their secret to making fast-paced but informed decisions to keep stakeholders happy. By taking decisive actions and staying proactive, teams can drive growth, exceed expectations, and maintain financial performance. This highlights the importance of agility and a results-oriented mindset in revenue management. Operationalize quota capacity and monitor sales productivity. Steve Daly discusses the intricate process of evaluating quota capacity, considering factors such as attrition, ramping up new sales representatives, and attainment levels. By having a robust model in place, companies can forecast quota capacity over time, hire and onboard new sales reps effectively, and set expectations for their productivity. Monitoring these enables leadership to make informed decisions to ensure the organization is on track to achieve revenue targets.   Grab this week’s Checklist    Check out RunRevenue.Pro for tips, playbooks, and advice for stopping revenue leak and achieving revenue precision.    See how Clari's Revenue Platform can help you win more deals, protect your customer base, and achieve revenue precision—even in a downturn.  → Clari.com  
Released:
Sep 11, 2023
Format:
Podcast episode

Titles in the series (47)

The number one enemy of every sales team is revenue leak. As a sales leader…what are you doing to beat it? This is The Run Revenue Show, with Kyle Coleman—SVP of Marketing at Clari. Join Kyle every Monday for behind-the-scenes access to executive conversations with the best revenue pros in the world, and get their tips, strategies, and real-life stories for how they stop revenue leak, achieve revenue precision, and lead their teams to success. Ready to run your revenue? New episodes weekly.