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Winning Teams Know to Trust Their Team Members

Leading Blog

Doing so ensures that what they’re doing as an entire team will enable the achievement of the company’s overall business objectives — which often represents the difference between success and failure. Collaborating with other business functions is often an adjustment for sales and marketing leaders.

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Structure Sales Compensation Plans That Can Fire Up Your Employees

HR Digest

Due to the quota-based performance measures that follow the work of sales representatives, employers often prefer to provide sales incentive plans to motivate them to perform better. Examples of business objectives can include market expansion, revenue growth, cost reductions or optimization, product development, etc.

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The Big Picture of Business – Business Success Checklist

Strategy Driven

The sharp focus and direction on your objectives and goals can only be maintained with constant monitoring of your procedures and processes. Whether your focus is on customer service, profits, investing, marketing, or company growth a constant awareness of your current position in relation to where you want to be is essential.

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Social Pressure Is a Better Motivator Than Money

Harvard Business Review

If your business objectives aren't linked to employee compensation, it sends a strong message that they aren't a real priority, and motivation is adversely affected. When business objectives are linked to compensation, motivation to drive for results is rarely meaningfully enhanced. The flip-side, however, isn't true.

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Executives and Salespeople Are Misaligned — and the Effects Are Costly

Harvard Business Review

This is often difficult because multiple stakeholders across functions must invest in a new approach while still meeting their own obligations to keep the current business running. Consider a large home energy provider in a mature, commoditized market where deregulation is driving down revenue and profit.

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Global Companies Need to Adopt Agile Pricing in Emerging Markets

Harvard Business Review

Over the past 18 months, Sergey’s experience has been echoed in offices in Ukraine, South Africa, Turkey, Brazil, and many other emerging markets that have faced substantial currency depreciation due to the drop in commodity prices and the flow of capital to the U.S. Normally, MNCs raise prices in the emerging market, (e.g.,

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Collect Your Employees’ Data Without Invading Their Privacy

Harvard Business Review

There is more to be learned by examining the relationship between sales and marketing as a whole than there is by examining the relationship between James in sales and Elliott in marketing. In a few cases, business objectives can’t be met with anonymous data. Default to anonymity and aggregation.