The Perfect RevOps Team
It goes without saying that the perfect team is a function of:
the size and configuration of your revenue engine
the TAM and other market defining metrics
the company’s objectives and tactics
If you are going after a massive addressable market, and you are recently VC-funded or otherwise capitalized to build a GTM team… the only question left is channels and tactics.
Are you leveraging Partnerships?
What other cylinders exist in your marketing engine?
Are we crafting complex bespoke deals or is there CPQ capability here?
Break The Problem Into Pieces
Imagine you were the Head of Revenue Operations for a recently funded SaaS company and you planned on building out a world-class team to ensure the massive investment that’s just been made into your company has an effective, reliable and efficient revenue engine to drive growth.
You decide to build out the functional teams listed below and have a leader for each one.
Sales Strategy
Deal Strategy
GTM Systems
GTM Operations
GTM Analytics
Sales Enablement
Partner Enablement
OpenAI have recently done exactly this (with these roles too). In fact, they have even MORE roles like “GTM Product Enablement” but that’s outside the scope of this article.
Let’s explore these so you can see their power. Even if you don’t have the capability to fund all these roles in your org, you can collapse roles together and ensure these functions are executed in your revenue engine.
Then we will put the pieces together.
Sales Strategy
The Sales Strategy team acts as the architect of revenue growth. They deeply understand the market landscape, customer needs, and competitive forces. By identifying the ideal customer profiles (ICPs) and developing targeted sales strategies, they ensure that the company's sales efforts are focused on the most promising opportunities. This strategic focus maximizes the efficiency of the sales engine, driving higher win rates and faster growth. Additionally, their work on sales compensation plans incentivizes the right behaviors, motivating the team to achieve and exceed revenue targets.
Deal Strategy
The Deal Strategy team is the special forces unit of the revenue engine. They are called in to handle high-stakes, complex deals. Their expertise in pricing, negotiation, and risk assessment ensures that the company captures maximum value from these opportunities. By developing custom deal strategies and value propositions, they increase the likelihood of winning these critical deals, which can have a significant impact on the bottom line.
GTM Systems
The GTM Systems team is the backbone of the revenue engine. They build and maintain the technological infrastructure that powers the entire GTM process. This includes CRM, marketing automation, and sales enablement platforms. By ensuring that these systems are integrated, efficient, and user-friendly, they empower the sales, marketing, and customer success teams to work seamlessly together. This streamlined process reduces friction, improves data accuracy, and enables data-driven decision-making, ultimately driving revenue growth.
GTM Operations
The GTM Operations team is the engine room of the revenue engine. They ensure that the day-to-day operations run smoothly and efficiently. They define and manage GTM processes, from lead generation to customer onboarding, ensuring that every step is optimized. By aligning sales, marketing, and customer success efforts, they create a cohesive customer experience that maximizes customer lifetime value. Additionally, their work on sales forecasting and pipeline management provides visibility into the health of the revenue engine, enabling proactive course correction when needed.
GTM Analytics
The GTM Analytics team is the compass of the revenue engine. They provide the data-driven insights that guide strategic decision-making. By analyzing sales, marketing, and customer success data, they identify trends, patterns, and areas for improvement. This allows the company to make informed decisions about where to invest resources, which strategies to prioritize, and how to optimize the GTM process for maximum growth.
Sales Enablement
The Sales Enablement team is the coach of the revenue engine. They equip sales reps with the knowledge, skills, and tools they need to win. By developing comprehensive training programs, creating compelling sales content, and providing ongoing coaching, they ensure that sales reps are well-prepared to engage buyers and close deals. This not only improves individual performance but also contributes to a more consistent and predictable sales process.
Partner Enablement
The Partner Enablement team is the extended sales force of the revenue engine. They work with channel partners to amplify the company's reach and accelerate revenue growth. By providing partners with training, resources, and support, they empower them to sell and deliver the company's solutions effectively. This creates a win-win situation, where both the company and its partners benefit from increased revenue and market share.
Putting the Pieces Together
Strategic Alignment and Data-Driven Insights
The foundation of a well-oiled revenue engine lies in the strategic alignment between Sales Strategy, Deal Strategy, and GTM Analytics. Sales Strategy sets the overall direction, identifying target markets and ideal customer profiles. Deal Strategy then refines this direction at the deal level, tailoring approaches for specific opportunities. GTM Analytics provides the fuel for these strategies, using data to track progress, measure success, and uncover opportunities for optimization.
This feedback loop ensures that strategies are not static but evolve based on real-world performance. GTM Analytics identifies trends, such as which customer segments are most profitable or which sales tactics yield the highest conversion rates. This data informs Sales Strategy to adjust their targeting and messaging, and it empowers Deal Strategy to refine their approach for specific deals. This dynamic collaboration ensures that the revenue engine is always pointed in the right direction, maximizing its output.
Operational Excellence and Scalability
GTM Operations and GTM Systems are the operational backbone of the revenue engine. GTM Operations focuses on the day-to-day execution of the GTM strategy, ensuring that processes are efficient and scalable. This involves everything from lead management to territory planning to sales forecasting. GTM Systems provides the technological infrastructure to support these operations, integrating various tools like CRM, marketing automation, and sales enablement platforms.
These teams work hand-in-hand to streamline processes, automate repetitive tasks, and ensure that data flows seamlessly between systems. This not only improves the efficiency of the revenue engine but also enhances its reliability. By reducing manual errors and bottlenecks, GTM Operations and GTM Systems ensure that the engine runs smoothly even as the company scales.
Empowerment and Continuous Improvement
Sales Enablement and Partner Enablement focus on empowering the people who drive the revenue engine. Sales Enablement equips sales reps with the knowledge, skills, and tools they need to be successful. This includes training programs, sales collateral, and ongoing coaching. Partner Enablement extends this support to channel partners, ensuring they are well-equipped to sell and deliver the company's solutions.
By investing in the development of their people, these teams not only improve individual performance but also foster a culture of continuous improvement. Sales reps and partners who are well-informed and well-supported are more likely to identify opportunities for optimization, provide valuable feedback, and contribute to the overall growth of the revenue engine.
The collaboration between these functions is crucial for maximizing the output and reliability of a SaaS revenue engine.
Strategic alignment ensures that efforts are focused on the right opportunities. Operational excellence ensures that processes are efficient and scalable. And empowerment ensures that the people driving the engine are well-equipped to succeed.
By working together, these functions create a powerful synergy that drives sustainable revenue growth.
Well-built revenue engines are powerful, but of equal importance they are reliable and resource efficient. Having these functions active in your revenue engine will aid you in Mastering Revenue Operations.
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