Remove CRM Remove Development Remove Incentives Remove Industry
article thumbnail

Salespeople have questions. Jeffrey has answers.

Strategy Driven

Every salesperson who has a CRM – SalesForce.com , Microsoft Dynamics, whatever it is – is required to put stuff into their computer on an everyday basis for every sales call they make and there’s one universal truth about it: they all can’t stand it. Do I need two different approaches? Gerhard, No. Ask your vendors.

article thumbnail

Why Sales Ops Is So Hard to Get Right

Harvard Business Review

•Administer quarterly sales incentive compensation plans and the goal setting process. •Manage sales force automation and CRM systems and processes. Operations: Tasks such as administering quarterly incentive compensation plans or managing sales force automation systems require specific technical knowledge.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Who Owns Your Customer Relationships: Your Salespeople or Your Company?

Harvard Business Review

Your R&D group develops a unique new product. The company holds us accountable for revenues and expects us to develop and maintain the connections to drive sales. These salespeople earned lucrative commissions on sales to current customers and had little incentive to hunt for new customers. Manufacturing produces it.

Company 14
article thumbnail

When “Scratch Your Own Itch” Is Dangerous Advice for Entrepreneurs

Harvard Business Review

Clayton Christensen first documented this phenomenon in his study of the disk drive industry , and found that new companies targeting existing customers succeeded 6% of the time, while new companies that targeted non-consumers succeeded 37% of the time. Oculus, of course, was wildly successful.

article thumbnail

Executives and Salespeople Are Misaligned — and the Effects Are Costly

Harvard Business Review

Companies fail to get the most out of the $12 billion a year they spend on sales enablement tools and the billions more on CRM technology. Simultaneously, sales managers went through a series of development sessions to develop their coaching skills. They revamped their compensation and performance evaluations.

article thumbnail

Why Individuals No Longer Rule on Sales Teams

Harvard Business Review

Companies have long developed and managed their sales people differently from other employees, placing great emphasis on individual performance. The key difference is the degree to which reps have taken advantage of new technology (largely built into their CRM system) to share and learn from one another.

Team 9
article thumbnail

Sales Still Matters More than Social Media

Harvard Business Review

But look at what that survey also found: “Less than 40% of executives say their companies have accountability measures in place, either through targets, incentives, or ‘owners’ of digital programs, while only 7% say their organizations understand the exact value at stake from digital.” are picking up steam.”

Media 9