B2B Marketing Insights | Open Path Digital

Enhance Your B2B Strategy With Must-Read Business Development Books

Written by Chris Thornton | May 10, 2023

In the ever-evolving business world, education and continuous learning are essential for success. As you continue to grow and shape your company in 2023, it's important to stay up-to-date with the latest trends and insights. That's why we've curated a list of must-read books to give you a head start when it comes to B2B strategy and business development. So, whether you're a seasoned executive or a budding entrepreneur, these books will help you stay ahead of the game and achieve your business goals in 2023.

 

 

Best Business Development Books For Your B2B Strategy

 

Revolutionize Your B2B Marketing Strategy with Clockwork

 
1. “Clockwork” by Mike Michalowicz


Do you often wish for more hours in the day, even when business is booming?
As a B2B marketer, you know how crucial it is to have a well-structured strategy in place, but it can be challenging to prioritize and streamline tasks. That's where "Clockwork" by Mike Michaelowicz comes in. This book offers a comprehensive framework for building a clockwork business that can operate independently, freeing up your time and energy for what matters most.

Imagine having a B2B marketing strategy framework that runs like clockwork, allowing you to focus on your core business functions and avoid burnout. Michaelowicz's strategy begins with a time analysis, helping you identify the non-essential tasks that consume your time and energy. By eliminating or delegating these tasks, you can create more space for the work that truly matters.

With "Clockwork," you'll gain a new perspective on how to approach your business development strategy, and you'll learn how to prioritize and delegate tasks effectively. By implementing the clockwork strategy, you'll create a streamlined and efficient system that can operate on its own, giving you the freedom to enjoy your work and avoid the feeling of being constantly overwhelmed.


Essential B2B Business Development Lessons In Leadership

 

2. “Rare Leadership” by Jim Wilder


In this business development book, author Jim Wilder breaks down the core of how we think, change, and relate, balancing how information is processed in both the left and right portions of the brain and how that impacts our decision-making.

To be an effective leader, he argues, you must be “RARE,” or:

  • Remain relational: Even when there are problems, relationships are the most important thing to take care of.
  • Act like yourself: Your personality needs to be dependable and consistent for people to trust you—not an enigma that changes with the situation.
  • Return the joy: Failures, embarrassments, fear, and despair are bound to happen, but an effective leader does not let these factors control them.
  • Endure hardship well: Leaders are the model. How they handle hardship sets the tone for everyone else.

Further, Wilder analyzes group dynamics and how better information and better decisions translate into significant business transformation. The most effective way these positive changes are made is when they’re coupled with an informed identity and a sense of belonging to an empowered and hopeful team. Give your B2B strategy a boost when you consider these helpful points!

 

Crafting a Compelling B2B Brand Strategy: Discover the StoryBrand Framework

 

3. “Building a StoryBrand: Clarify Your Message So Your Customers Will Listen” by Donald Miller

 

Communicating the value of your company can be hard. You offer a robust solution with many intricate details and it’s challenging distilling that information down to a two-minute elevator pitch. You need a framework to ensure you’re saying the right thing to the right people at the right time.

Enter “Building a StoryBrand” by Donald Miller. This easy-to-read marketing and business book will help you shape how you talk about your business. From website and email copy to social media posts and webinar scripts, the StoryBrand framework will impact your entire business message and unify your team around a common message that will connect with your intended audience.

As Donald Miller would say, “If you confuse, you’ll lose.” So stop confusing and losing your customers, and take the next step to fine-tune your company’s message when you read this fun, entertaining, and highly relevant business development book. 

 

Understanding What Drives People: The Key to Effective B2B Marketing and Sales


4. “Words That Change Minds” by Shelle Rose Charvet

 

Each person is wired differently, so marketing content and sales strategies that work with some people might not work with others. At the heart of changing minds is appealing to a person’s motivational triggers. The key to this is understanding what people value and what causes them to change, which feeds into their psychology of motivation.

Among other factors, author Shelle Rose Charvet outlines these tendencies in how people respond, such as:

  • Proactive or Reactive: Are you motivated by doing or analyzing?
  • Toward or Away From: Are you trying to reach a goal or avoid a problem?
  • Internal or External: Do you value the input of others, or do you prefer to use your own discernment? 
  • Options or Procedures: Do you prefer the freedom to choose, or are you more comfortable working within proven guidelines?

Furthermore, the author challenges you to dig into the way people are convinced to make a purchase. For example: is it through seeing, hearing, reading, or doing? As well, how long and how much evidence does it take the person to make a decision? As you can imagine, this varies from person to person.

From a sales perspective, there are some questions you need to ask yourself about your customers:

  • At what rate do they prefer change? How much information do they need before making a change?
  • How do they communicate and interpret non-verbal communication?
  • How does stress influence their purchasing decisions?
  • What kind of environment and role do they prefer?

When you consider these types of questions, your team can build a B2B strategy that’s more effective than simply guessing how people work. 


Getting Ahead In 2023 is Easy with the Right Help


These great books have massively influenced the way we at Open Path have crafted our own business development strategy. If you like these best practices and tips, then you’ll love the way our team implements them! Schedule a time to talk with one of our growth strategists and we’ll help you plan your business growth strategy for 2023 with these must-know tips in mind!