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LAS VEGAS, Nev., May 21, 2024

Gartner CSO & Sales Leader Conference: Day 1 Highlights

We are bringing you news and highlights from the 2024 Gartner CSO & Sales Leader Conference, taking place this week in Las Vegas, Nevada. Below is a collection of the key announcements and insights coming out of the conference.

On Day 1, we are highlighting the Gartner Opening Keynote, how to create an AI roadmap for the sales organization and the top technologies for boosting buyer engagement.

Gartner Opening Keynote: Cracking Chaos: Your Winning Advantage

Presented by Alice Walmesley, Director, Advisory, and Dave Egloff, VP Analyst, Gartner

While most sales organizations are ill-equipped to succeed in constant disruption, a select few thrive in chaos, turning it to a strategic advantage. In the Opening Keynote at the Gartner CSO & Sales Leader Conference, Alice Walmesley, Director, Advisory at Gartner, and Dave Egloff, VP Analyst at Gartner, discussed how sales leaders can learn how to construct and leverage an adaptive organization to outpace competition and achieve superior commercial outcomes.

Key Takeaways

  • “Gartner reports 83% of CSOs say their sellers are struggling to adapt to changing buyer expectations. Leaders are over-relying on individual sellers rather than building organizational adaptability - this overreliance on seller heroics contributes to 89% of sellers being burned out and struggling to perform.”

  • “Gartner research shows that this current approach is not working, as two out of three sales leaders struggle to adapt to sudden changes.”  

  • “There must be a pivot away from being adaptive by necessity to embrace being adaptive by design.”

  • “Adaptability is not reactivity. Adaptive is proactive – it's an anticipation of how and when you’ll change. Reactive is pure response – it leads to that series of corrections and over-corrections.”  

  • “In B2B sales, what separates the winners are three accelerators linked to adaptability

    • Revenue intelligence helps CSOs know what’s coming, what’s working, what’s slowing them down, and what they should do as a result.

    • Tech as a teammate focuses on building a different in-kind relationship between humans and technology, one in which we talk the same language as technology, have clearly defined responsibilities and clear actionability. 

    • Modularity enables CSOs to be nimble and tweak their approach to the situation as it evolves, rather than being locked into tightly interwoven dependencies.”

Create a Generative AI Plan for Your Sales Organization

Recent advances in generative AI make it the most disruptive set of technologies to impact sales organizations in decades. In his session, Doug Bushée, VP Analyst at Gartner, provided sales leaders with a process for exploring, evaluating, and embedding generative AI capabilities and skills within sales organizations to increase sales productivity and performance.

Presented by Doug Bushée, VP Analyst, Gartner

Recent advances in generative AI make it the most disruptive set of technologies to impact sales organizations in decades. In his session, Doug Bushée, VP Analyst at Gartner, provided sales leaders with a process for exploring, evaluating, and embedding generative AI capabilities and skills within sales organizations to increase sales productivity and performance.

 

Key Takeaways

  • “Seventy-seven percent of sales leaders are currently implementing or planning to implement generative AI within the next 12 months.”

  • “Gartner research finds that 60% of sales leaders plan to hire new GenAI staff, underscoring a proactive approach to embedding AI into sales processes.”

  • CSOs should kick off their GenAI plan in three critical phases:

  • Start by exploring: Sales leaders must begin by crafting a foundational vision - seeing technology not merely as a tool, but as a teammate. Focus on talent, operational readiness.

  • Evaluate your options: Look beyond surface-level features to understand how these technologies can integrate with existing systems, how they align with strategic objectives and most importantly, how they can enhance your sales team’s effectiveness and efficiency.

  • Embed GenAI into your organization: Turn your evaluations and plans into action, committing to not just adopt GenAI technologies but to integrate them in ways that are meaningful, sustainable and aligned with strategic objectives.”

The Top 5 Technologies CSOs Need to Invest in to Improve Buyer Engagement and Experience

Presented by Melissa Hilbert, VP Analyst, Gartner

CSOs must know about innovative and emerging technologies they should invest in to improve buyer engagement and experience that drives growth. In her session, Melissa Hilbert, VP Analyst at Gartner, outlined how these top five technologies will result in improved revenue and growth with customers now, and in the near-term and far future.

Key Takeaways

  • “The top two objectives for sales leaders are intertwined and centered around:

    • Improve engagement of buyers through digital interactions that deliver personalization at scale.

    • Improve customer experience, providing the ability to self-serve while also allowing sellers to guide customers at key moments of need.” 

  • “The top emerging technologies CSOs should invest in now include generative AI and digital sales rooms:

    • GenAI when applied to specific use cases will provide a faster speed to productivity and allow for scalable personalization in reaching customers. Customers will be able to interact digitally, but with a better experience, leading to better lifetime customer value.

    • Digital sales rooms increase buyer and seller engagement and allow the customer to experience the buying process the way they want, giving them the opportunity to transact fully digitally in a self-serve mode as well as seller-assisted to drive higher quality deals in a shorter time frame.”

  • “In the next three-five years, CSOs should look at digital twins of customers and emotion AI to help differentiate their offerings:

    • A digital twin of a customer enables organizations to simulate customer behavior to anticipate customer needs and provide a better customer experience.

    • Emotion AI improves customer experience strategy through analytics and reduces negative perceptions of customer effort.”

  • “In the next five-10 years, CSOs must innovate to ensure future success with machine customers. Prepare for machine customers by enhancing digital commerce platforms with richer data that machines will be able to sense and analyze.”

It’s not too late to join the conference!

Watch this space for more updates throughout the day.

About Gartner

Gartner, Inc. (NYSE: IT) delivers actionable, objective insight that drives smarter decisions and stronger performance on an organization’s mission-critical priorities. To learn more, visit gartner.com.

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