Put yourself in the shoes of a first-line manager…
You've been managing Sarah for five years. You know her kids' names, her territory challenges, her preferred working style. Your field rides are pleasant and productive. She hits her numbers. You check the boxes. The relationship is strong.
And yet something important may be missing.
This is a pattern that shows up in many tenured manager-rep relationships. The field visits are consistent. The conversations are comfortable. But the development has plateaued. It's a pattern worth examining, because it reveals an important distinction between relationship capital and development capital.
In analyzing more than 75,000 coaching conversations from pharmaceutical and life sciences sales teams, a clear pattern emerged.
Top-performing managers were three times more likely to reference long-term skill development goals during field coaching. Average managers showed a different pattern. Nearly 25% made no reference to long-term goals at all and more than half had no stated goal for the visit.
Imagine if we, as managers, were OK with our field team members not having any goals for their days in the field.
Strong relationships enable effective coaching. But relationship capital alone doesn't create growth. Development capital is specific. It's progressive. It creates momentum.
Developmental capital is, at its core, the degree of trust you’ve built with each team member to be a partner is his or her development. Do they see you as a coach? Do they see you as someone who’s going to make them a better rep? LEt’s take it one step further…do your top people see you as the person who’s going to get them to and keep them at the top of the rankings?
Developmental capital is built by:
Here are four quick questions to assess your current balance of developmental capital:
If you've managed the same team for years, the relationship capital you've built is valuable. It's the foundation that makes honest, challenging coaching possible.
But relationship capital becomes most valuable when it's used to create development capital. The best managers lean into the trust they've built:
"We've worked together long enough that I can be direct. Here's what I see. Here's what's possible. And here's how we're getting there together."
That's relationship capital in service of growth.
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