Sales Force Performance Management and Compensation.
Conducted evaluations of salesforce performance, structure, and compensation to ensure alignment with the organization’s new objectives. This involved analyzing current sales metrics, assessing the effectiveness of the existing team structure, and reviewing compensation models. Adjustments were made to optimize efficiency, enhance collaboration, and establish incentives that support strategic goals.
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What we do:
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- Salesforce Sizing: Evaluated workforce requirements by analyzing available resources and achievable revenue potential, providing recommendations for workforce planning.
- Salesforce Structure and Role: Redesigned organizational structures to improve productivity, revising job descriptions and addressing weaknesses in the current setup.
- Setting Compensation and Benefit: Developed a new compensation and benefits scheme aligned with organizational objectives and resource capabilities, including proposals for incentive schemes and sales targets.
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Our Work:
- Supported one of the largest state-owned banks in creating a salesforce management strategy to improve productivity, focusing on non-subsidized mortgage products. This included redefining objectives, designing structures and compensation plans, enhancing competencies, and managing sales performance.