Tuesday, February 18, 2020
Sales Management Plan - IT company - Background and headings provided Term Paper
Sales Management Plan - IT company - Background and headings provided - WRITE ONLY HEADINGS 7,8,9 - Term Paper Example The sales force that is highly motivated will have more sales. The sales force is also critical in the companyââ¬â¢s profitability as it increases sales, maintain prices and control the expenses. Secondly, it is possible to measure and compare the output of an individual. Costs, sales and other result oriented metrics can be tracked by the company. The results of the territory can be benchmarked against the previous year, territory goal, and market potential. The company can; therefore determine the salesperson that is performing better. Also, the job of the sales person involves rejection and lack supportive social interaction. Most of their jobs are unsupervised. Therefore, an incentive payout is a reward and a measure for the success of the salesperson as this job attracts risk takers who require relent incentives for a high level of performance (Andris A. et al. 2001). Incentive plans have impacts that are immediate on the sales force which is felt in either of two ways includ ing it influences the kind of person that is attracted to the organization and also affect the behavior and activities of the salespersons. The compensation framework for a sales incentive has three constituents. First, company that decides on the compensation plan the sales force, which decides on, the compensation plan and the customer who decides whether to take on the products or services of the company. Customer results may include the satisfaction they get from the products and services and also the relationship with the companyââ¬â¢s selling organization (Andris et al. 2001). Staffing Recruiting involves finding quality people who can see things through the eyes of the customer and then interface with the people of marketing. To maintain its relevance, it is also important to ensure that the recruited personnel are maintained. There are several skills that may lead to success in sales. These include innate desire to serve, integrity, willingness to listen, strong work ethi c, effective communication skills and ability to put others at ease. The role of the hiring process will involve the location of individuals with core characteristics and the values that lead to sales success. There are six steps important in the hiring process: First is the job definition where the job requirements are developed. Companies have different requirements depending on the industry they are in. these requirements change over time and, therefore, need to reevaluate them and the activity priorities as the market conditions and competition changes (Andris et al. 2001) The second is the candidate profile which should be checked for successful traits of a sales person. A candidate may not have all the required traits, but others are essential and should be present. These include the ability to communicate effectively and a certain level of competence. The third is the applicant pool which determines the quality of the candidate. Recruitment is more successful when the reliabl e information about a candidate is known by the recruiter. The sources of applicants involve Fairs, Web (I.E. Career Builder) and Connect with Career services at Universities. The staff can be recruited either internally or externally. Internal recruiting develops a pool of job applicants that are qualified form the people who are working in the company. This is sometimes referred to as promotion as it is used to motivate employees. This also reduces the start
Monday, February 3, 2020
Reflections on Contemporary Leadership Issues and Strategies Essay
Reflections on Contemporary Leadership Issues and Strategies - Essay Example The application of various concepts in the practical world allows one to understand the functionality and dynamic nature that leadership requires, in order for this subtle art to be effective. The class boasts of a plethora of different nationalities and backgrounds that have made me appreciate key ideologies like teamwork, motivation and appreciating diversity amongst many other. Leadership is not merely about managing people and increasing productivity to generate higher profit levels. It is an amalgamation of various personal, social and strategic skills. True skills promoted by leaders are developed over a period of time, and are evolved through regular use in all aspects of the daily routine of an individual. This by no means implies that the same skill set will apply and work in all situations. While certain individuals possess inherent leadership qualities and abilities, others will need to perfect their skills through learning and practicing. One feature which must be remembered by all is that true leadership values can never be taught; they must be groomed through use. The feedback provided by my fellow colleagues was an enlightening experience that allowed for an understanding from a different perspective. Conversations and discussions allowed everyone to contribute to the matter in an open environment, with each individual able to discuss their views and experiences of leadership. This provided a more comprehensive outlook of the subject, with examples of various industries and sectors like information technology (IT), health care, hospitality, human resources (HR) and construction; from the public and private aspects, with global and local perspectives. Everyone has a different way of relating to/with leadership. I believe that my personal reflection varies from most of the generic scenarios. Most of the course text assigned to us provided detailed discussions on leadership from a business outlook. While these harnessed ideas and
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