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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

It includes a tool: a profile of the Sales leader (Hanna’s advantage!) 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?

Hiring 308
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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. As the primary team responsible for sales tools, it’s time to re-evaluate. Create tools such as call plans, discovery guides and opportunity assessments that are persona-based. Your compensation plan must align to your strategy.

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A Letter of Resignation

SBI Growth

Here is one of the tools I used during this assignment: The CEO/Sales VP Partnership Health Check. You will benefit from using this tool in 3 ways: You can make sure your sales manager does not quit. For three years, I have submitted a proposal to set the number correctly and it has been rejected. Give the new guy a chance.

Hiring 331
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11 Traits of a High Performance Sales Culture

SBI Growth

A Culture Creation tool is available by signing up for the SBI Making the 2014 Number tour. A bonus tool is included to help create a common vision. Modified the sales compensation and quotas. Implemented standardization of tools and processes. Hank proposed that Dani work on a common vision for the sales force.

Hiring 310