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How to Avoid Wasting Money on a Compensation Assessment

SBI Growth

HR leaders, get ready for the 2013 Sales Kickoff by fixing the flaws in your compensation plan today. Read this post to reframe what may be disguised as a compensation problem. And get your hands on a Competency Grader for compensation assesement providers as part of SBI's "Make The Number 2013.". Compensation Study ?

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Taking sales to the next level

Sales 2.0

The problem of missing decisionmakers most often shows up when companies submit a proposal and never hear anything back. Following a systematic process to identify decisionmakers, understand their interests, and have them “coauthor” proposals, can significantly boost closing ratios. Sales time sucks.

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Walking the Tightrope of Sales Compensation Modeling

Sales and Marketing Management

While most CSOs scrutinize compensation designs and the tie between rewards and sales strategy, very few are paying attention to how the sales compensation plans are modeled. It’s not enough to ask if a sales compensation plan was modeled. A CSO must ask how the sales compensation plan was modeled.

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The 3 Big Faults Sales Finds with HR

SBI Growth

That made her a better partner – by proposing that she work on Sales priorities. Can’t change the Compensation plan until HR’s partner does a 90-day benchmark. How should compensation/rewards change for the different generations involved? Sales compensation – Can top talent be retained and attracted with the current comp plans?

Hiring 308
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Sales Ops Leadership – Evolve or Become Obsolete

SBI Growth

More proposals bring a commensurate upswing in closes. Assume both have similar tenure, experience, skills, opportunity and compensation. What if several of his proposals went to those with no clout? Rick’s ability to close on his proposals drops like a rock. Proposing to companies that aren’t your ICP won’t likely close.

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Why Your Sales Ops Plan for Next Year May Already Be Obsolete

SBI Growth

Setting Quotas, territory structures, headcounts and total compensation budgets are examples. Align Your Sales Process to the Buyer : Does your sales process have stages titled “Qualify”, “Propose” and “Close”? Your compensation plan must align to your strategy. If you don’t have Personas developed, it’s past time - giddy-up.

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A Letter of Resignation

SBI Growth

For three years, I have submitted a proposal to set the number correctly and it has been rejected. The compensation plan is too complicated. The reasons for my departure are as follows: The revenue goal you have set for me is not based in reality. It is unfair to set my goals based some high level Gartner numbers. This is impossible.

Hiring 331