Stack Utilization Strategies for Improved Performance

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  • View profile for Steven Newman

    Sr. Director Revenue Operations

    8,714 followers

    Are you making the most of your tech stack, or is it slowly turning into a cumbersome burden? Before you add yet another tool to your arsenal, consider these crucial points to ensure you're optimizing, not complicating your workflow. 1) Assess Existing Tools: Start by examining the tools you already have at your disposal. Is there something in your current arsenal that can accomplish the same task, perhaps with a few upgrades or modifications? This can prevent unnecessary duplication and help leverage your existing investments. 2) Resource Availability for Management: Integration of a new tool isn’t just about the setup; it’s also about ongoing management. Consider whether your team has the capacity and expertise to handle this new tool. Think about maintenance, troubleshooting, and updates—do you have the necessary resources to manage these aspects when issues inevitably arise? 3) Consolidation Possibilities: Evaluate the potential benefits of consolidating multiple tools into a more comprehensive platform like HubSpot. Could replacing several specialized tools with one integrated system streamline operations and reduce costs? This step involves looking at how many tools you currently manage and whether a unified platform could simplify processes and bring about cost efficiencies. Taking the time to consider these aspects will help ensure that any new addition to your toolset is a decision that adds value and efficiency to your operations. Reflecting on these points provides a thoughtful approach to managing your technological resources effectively.

  • Over the last several years, companies have thrown money and systems at every problem. It’s created an incredible amount of bloat in the tech stack with dozens of systems and tools. Revenue leaders can’t get the information they need because the data is contradicting itself.  So that tends to be when people throw their arms up and oversimplify. The pendulum swings back the other way, and revenue leaders are back trying to manage the business and forecast in spreadsheets. According to Salesloft’s Revenue Engagement Benchmark Study, 50% of revenue leaders say they still rely on spreadsheets to manage forecasts. But what happens then? You really don’t get enough data or get it in a timely manner, you completely lose insights into the deal stages and any context you need to make better decisions, and revenue leaders just end up winging it. It’s crazy and becomes uncomfortably reactive. The key is to create bookends in your tech stack with CRM – your system of record – on one side, and a system of action and engagement on the other side. This system of action must be designed and implemented in a manner that provides both insights regarding buyer behavior, while simultaneously guiding the sellers to the appropriate and proven actions that will maximize the potential outcomes. Simplify the tech stack and provide the sellers with a platform they can “live in” throughout the day that provides the data, insights, and tools to execute on all tasks throughout the customer lifecycle. That’s a lot of the reason we’re seeing companies now trying to strip down all of the bloat in their tech stack that’s been created over the past several years. They’re consolidating – not just for the cost savings – but for the sake of their process and being able to manage their business better with clean, integrated data and AI-powered seller workflows. #revenueorchestrationplatform #revtech #salestech #revops #cro

  • View profile for Dan McGaw

    25+ yrs martech & analytics | Helping teams unlock growth through accurate tool selections, strategic insights, analytics, CRO & automation

    37,890 followers

    Don't work for your tech stack. The key is to make your stack work for you. I've realized it’s not about having the most tools but mastering the few that truly make a difference. It's about integration, not accumulation. Most important to consider: ⚡️ Identify the core tools that align with your business goals. ⚡️ Ensure seamless integration for data consistency and accessibility. ⚡️ Regularly audit your stack to eliminate redundancies and optimize performance. By focusing on strategic selection and effective utilization, your martech stack can become your most powerful ally in driving growth and efficiency. Let’s shift from a tool-collecting mentality to a tool-mastering mindset. The impact on your marketing efforts and bottom line will be significant. Have you optimized your martech stack yet? Build yours using my MarTech stack builder. Check the first comment for a link. P.S. Exploring new tools is great, but extracting maximum value from each is where the real growth begins.

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