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Is There a Link Between Low Integrity and Poor Performance?

In the financial services sector, one commonly held belief among salespeople is that top performers possess low integrity but ground-breaking research conducted by QFS Group revealed the opposite may be true. Our study found that there is a correlation between low integrity and poor performance.

After a year of in-depth research with leading financial industry companies and their managers and sales professionals, we developed a pre-hire assessment that identifies potential high-risk integrity issues and other counter-productive behaviors in the sales environment.

For the study, managers rated their salespeople on 25 separate areas including eight categories related to integrity and two categories that represented performance.

For the integrity portion of the study, the eight performance categories we examined were:

  1. Interpersonal Integrity
  2. Customer Integrity
  3. External Judgment
  4. Internal Judgment
  5. Trust
  6. Teamwork
  7. Emotional Control
  8. Overall Integrity Rating

For the sales performance portion of the study, we asked managers to rate their salespeople the following issues:

  1. How the salesperson's production compared to others in the same job
  2. How the salesperson rated in general

When we analyzed the study results, we found a strong correlation between those who received low scores on the integrity suite and those who were rated fair to poor on production by their managers.

For salespeople who scored low in integrity, there was a 78 percent chance that the individual was also a low performer.

News

• Register today for Pat's upcoming session on "Best Practices in Loan Officer Recruiting and Sales Training" at the 2012 Regional Conference of MBAs in Atlantic City, N.J. on March 15, 2012. Get the details here.

• Did you miss Pat's session at the National MBA Conference on the Best Practices in Sales Training and Retention of Top Producers? View the key presentation points (PDF) here.

• With Mortgage Sales Playbook on the Go, our newest product, you can access state-of-the-art sales training on your mobile phone. Contact sales@qfsconsulting.com.

• Pat's latest article, "Walking the Walk: Three Keys to Sales Success in Origination," appears in the May 2011 issue of MBA magazine. View a copy here (PDF)

• J.D. Power ranked three of our clients in the Top 6 in customer satisfaction in 2011. Read More

• Listen to Pat discuss how to improve the sales performance of current Los from this webinar.


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Testimonials

"The assessment really saved us a lot of time from a screening standpoint. Once we were able to understand what qualities candidates possessed that were most linked to success in our world, we were able to hire much more efficiently and effectively." — Dana Wilde, Recruiter, Ameripath

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