151
Management of a Sales Force, 12th Edition
151
Management of a Sales Force, 12th Edition
106 PART 2 Organizing, Staffing, and Training a Sales Force
Team Selling
As noted in Chapter 2, a growing number of firms are using selling teams to call on the various individuals in the buying center. A selling team is a group of people representing the sales department and other functional areas in the firm, such as finance, production, and research and development (R&D).
Organizational Options for Team Selling
The organizational arrangements for team selling are quite flexible. Usually the functional specialists and management levels on the selling team match those from the buying center in any given purchase-sale transaction. Therefore, the functional and executive composition of a selling team varies from company to company, and from one selling situation to another within a given firm. Companies such as IBM and Compaq, which sell customized combinations of computer hardware and software, use teams of salespeople and technical experts who work closely with the customer's buying team. At IBM, for example, client executives manage teams, which include product reps, systems engineers, and consultants.11 On the Monsanto customer team, IBM included research experts in molecular technology to help Monsanto with genetic engineering problems. As a result, IBM won a contract with Monsanto worth $1 billion.12 At 3M Corporation, cross-functional teams have been formulated from each of the company's regions; these teams include people from logistics, management information systems, and sales.13
In recent years, there has been a trend toward including representatives from the customer's organization on the team. In order to serve its important customers, General Electric (GE) creates large teams that are both cross-functional and cross-company. It formed a 140-person cross-company team to help one customer, Southern California Edison, reduce the downtime on its steam turbine generators, which were purchased from GE. The team consisted of 60 people from GE and 80 from Southern California Edison. Medical equipment manufacturer Baxter International has gone even further by jointly setting targets and sharing the savings or the extra costs.14 In these cases the two companies have entered into a partnership, as described in Chapter 2.
Some companies establish a separate location where sales teams meet with customer buying teams. At these selling centers, the selling team presents an integrated program that matches the account's needs. The agenda for the program is usually developed in consultation with the buying team. Xerox has six of these centers, which it calls executive briefing centers, and management believes that they stimulate openness, which improves communication and thus the relationship with the buying team.18
Strategic Considerations
A number of factors must be considered if a company chooses to adopt a team-selling approach. The size and the .
The document discusses the role of learning and development (L&D) professionals in sales enablement. It defines sales enablement as coordinating across functions like sales, marketing, and product development to provide resources and information to help the sales team generate revenue. For L&D professionals to truly support sales enablement, they must break down silos by facilitating collaboration across functions, and focus on improving sales performance rather than just training programs. By adopting this approach, organizations can increase sales productivity, speed time to productivity for new hires, and positively impact the customer experience.
Sales is an area where many companies find the outcomes belie investments and outcomes. Many companies attempt sales transformation in a piece-meal fashion. In this paper, we discuss the framework for sales transformation and five fundamental levers of sales transformation.
Enterprise Rent-A-Car is the largest car rental company in North America. It has over 66,000 employees and operates internationally. Enterprise focuses on exceptional customer service through a decentralized structure that empowers local managers. Strategic marketing at Enterprise involves extensive market research and a customer-centric approach. The strategic marketing process includes planning, implementation, and control phases. Planning involves analyzing strengths, weaknesses, opportunities, and threats through tools like SWOT analysis. Implementation puts the marketing plan into action, while control evaluates results against goals. Strategic marketing is linked to corporate strategy through environmental analysis and a balanced scorecard framework.
Boost Sales Productivity through Sales EnablementDoble Group, LLC
Technology advances and open access are disrupting industries and making tools more affordable. While companies are growing sales teams and goals, they are not effectively scaling processes, training, and tools, hurting productivity. Sales enablement aims to empower sales teams to work more efficiently through initiatives like recruiting the best talent, providing training and coaching, equipping teams with tools like CRMs, and assessing performance. The goal is to hire, train, and support sales teams so they can meet increasingly high revenue targets.
Sales management involves managing a company's sales operations and applying sales techniques to maximize revenue and profit. It coordinates marketing and sales functions to jointly create customer and company value. The sales process involves prospecting, pre-approach research, approaching prospects, presenting/demonstrating products, handling objections, closing the sale, and following up. Sales management also designs sales force structures, recruits and trains salespeople, establishes compensation plans, supervises and motivates the sales team, and evaluates salesforce performance. Coordinating marketing and sales effectively is important for business success.
SPI Insight: Selecting and Developing Sales Talent with Employee AssessmentsDario Priolo
This eBook covers:
How to determine if your existing talent is capable of executing future growth
Essential features of effective sales hiring assessments
Why personality assessments alone are inadequate
How to identify who you should choose as your next sales manager
This document discusses compensation for special groups and international compensation. It covers six areas of involvement for sales compensation plans including problem resolution, design and implementation process, guiding principles, competitive pay assessments, industry trends, and plan effectiveness assessment. It also discusses eligibility for sales compensation and examines sales compensation for sales leaders, field sales managers, sales staff, and sales representatives. Finally, it provides an overview of components of international compensation including objectives, approaches, and merits and demerits.
Sales and marketing alignment is important for driving revenue growth. It requires both teams to define common terms like leads, set shared goals around the sales funnel, use lead scoring to qualify leads, structure roles to move leads through the process, and create service level agreements to ensure leads are followed up on in a timely manner. Doing this aligns the teams, streamlines the sales process, and increases revenue.
The document discusses the role of learning and development (L&D) professionals in sales enablement. It defines sales enablement as coordinating across functions like sales, marketing, and product development to provide resources and information to help the sales team generate revenue. For L&D professionals to truly support sales enablement, they must break down silos by facilitating collaboration across functions, and focus on improving sales performance rather than just training programs. By adopting this approach, organizations can increase sales productivity, speed time to productivity for new hires, and positively impact the customer experience.
Sales is an area where many companies find the outcomes belie investments and outcomes. Many companies attempt sales transformation in a piece-meal fashion. In this paper, we discuss the framework for sales transformation and five fundamental levers of sales transformation.
Enterprise Rent-A-Car is the largest car rental company in North America. It has over 66,000 employees and operates internationally. Enterprise focuses on exceptional customer service through a decentralized structure that empowers local managers. Strategic marketing at Enterprise involves extensive market research and a customer-centric approach. The strategic marketing process includes planning, implementation, and control phases. Planning involves analyzing strengths, weaknesses, opportunities, and threats through tools like SWOT analysis. Implementation puts the marketing plan into action, while control evaluates results against goals. Strategic marketing is linked to corporate strategy through environmental analysis and a balanced scorecard framework.
Boost Sales Productivity through Sales EnablementDoble Group, LLC
Technology advances and open access are disrupting industries and making tools more affordable. While companies are growing sales teams and goals, they are not effectively scaling processes, training, and tools, hurting productivity. Sales enablement aims to empower sales teams to work more efficiently through initiatives like recruiting the best talent, providing training and coaching, equipping teams with tools like CRMs, and assessing performance. The goal is to hire, train, and support sales teams so they can meet increasingly high revenue targets.
Sales management involves managing a company's sales operations and applying sales techniques to maximize revenue and profit. It coordinates marketing and sales functions to jointly create customer and company value. The sales process involves prospecting, pre-approach research, approaching prospects, presenting/demonstrating products, handling objections, closing the sale, and following up. Sales management also designs sales force structures, recruits and trains salespeople, establishes compensation plans, supervises and motivates the sales team, and evaluates salesforce performance. Coordinating marketing and sales effectively is important for business success.
SPI Insight: Selecting and Developing Sales Talent with Employee AssessmentsDario Priolo
This eBook covers:
How to determine if your existing talent is capable of executing future growth
Essential features of effective sales hiring assessments
Why personality assessments alone are inadequate
How to identify who you should choose as your next sales manager
This document discusses compensation for special groups and international compensation. It covers six areas of involvement for sales compensation plans including problem resolution, design and implementation process, guiding principles, competitive pay assessments, industry trends, and plan effectiveness assessment. It also discusses eligibility for sales compensation and examines sales compensation for sales leaders, field sales managers, sales staff, and sales representatives. Finally, it provides an overview of components of international compensation including objectives, approaches, and merits and demerits.
Sales and marketing alignment is important for driving revenue growth. It requires both teams to define common terms like leads, set shared goals around the sales funnel, use lead scoring to qualify leads, structure roles to move leads through the process, and create service level agreements to ensure leads are followed up on in a timely manner. Doing this aligns the teams, streamlines the sales process, and increases revenue.
An outline for how to approach staring new in a position as a sales manager to establish a strong start and sustaining success leading a sales team. June 2020 update.
Rewiring sales organization for growth and scaleBrowne & Mohan
With markets becoming volatile and uncertain, shortening of products and commoditization, sales function is facing huge challenges. Companies need to rewire their sales organization to provide it with enough flexibility, visibility, actionable intelligence and ownership for employees. In this Whitepaper, Browne & Mohan consultants share how to rewire sales organization to set the company for revenue growth and scaling up.
The document discusses how technology and online research has changed buyer behavior, with customers now 57% through the purchasing process before contacting a salesperson. This has increased the value of subject matter experts who can provide insights beyond what customers find online. The document recommends that companies train their salespeople to become subject matter experts by understanding customer buying behaviors, industry trends, and how to identify opportunities to add value. It provides examples of how one financial company significantly increased sales by restructuring their sales team and processes to focus on a consultative, subject matter expert approach.
Self Assessment for Driving Revenue GrowthThe Naro Group
I often get called into an organization when revenue growth stalls. I start at a high level to discover where there are missing links and broken pieces within the sales organization to determine what’s needed to get back on track. What I’ve outlined below will give you a starting point for assessing your own organization's sales effectiveness gaps and what you might want to focus on in terms of sales readiness and sales enablement activities.
Sales White Paper: The Growing Sales OrganizationAltify
This White Paper covers the growing sales organization. It will touch on research into different frameworks for explaining company growth phases, and cover the four ages of the sales organization, the pressures at work and the initiatives and requirements for successful business. It will close with an analysis of how the Dealmaker from The TAS Group supports each of the four stages and sustains the organization as it grows and transitions from one stage to the next.
This document discusses strategies for improving a sales organization's ability to sell solutions to senior-level executives. It introduces the ONE process which includes three components: obtaining insights about customers, navigating for access to senior executives, and elevating the dialogue during meetings. Specific tactics are provided for each component, such as conducting online and internal research, gaining introductions from champions, and giving prescriptive presentations. The document also discusses alternatives like creating a specialized sales force focused on senior executives or leveraging subject matter experts to engage with certain senior roles. The goal is to help salespeople succeed in selling solutions by selling at a higher, more strategic level within customers.
Designing and Managing a Sales Force PaperAdam Alexander
U.S. businesses spend over $140 billion annually on personal selling through sales forces. When designing a sales force, companies must consider objectives, strategy, structure, and compensation. Objectives include quotas while strategy examines approaches like individual or team selling. Structure often involves territorial assignments. Effective management of sales forces includes training, supervision, motivation through rewards, and performance evaluations. Both the sales force design and ongoing management are essential to the success of the organization.
This document discusses 15 common time wasters in inside sales and lead generation departments. It provides examples of each time waster and a best practice for addressing it. Some of the major time wasters discussed include poor sales and marketing strategy, poor hiring practices, low motivation among salespeople, and slow response to lead inquiries. The document advocates for investing in quality lead generation resources and sales coaching or mentoring to help eliminate inefficiencies.
The 10 Secrets of Sales Excellence - A global study from Mercuri InternationalMercuri International
Excellence vs your peers globally, not just because Mercuri said so!
The survey asks 926 respondents across 20 countries and 12 industry categories, with over 80 percent comprising CEOs and Sales Managers.
The top 3 are where we can help you most, now, today!
1. Each member of your sales team has a systematic account management planning process for each of their Customers
Top performing companies score high in allocating sales resources for each of their Customers such that an account management plan specific to the requirement of every individual
Customer is in place.
2. Your sales strategy is documented in writing
According to studies, only 14% of all people in a company know its strategy.
Top performers seem to overcome this risk by documenting their strategy, for consistency of communication.
3. For each step of the sales process / workflow you have defined training modules, checklists / instruments
A process is only as good as its implementation. Top performing companies don’t stop with defining sales processes and workflows.
They get better at supporting their people in living those processes by developing training modules, checklists and instruments for each step of the process.
Mercuri are experts in Sales.
Call Mat on +44 7572 343 341 and lets start our conversation.
This document discusses strategies for effectively marketing employment opportunities and attracting job applicants. It recommends adopting the classic product marketing approach of research, planning, positioning, and supporting. Market research should identify potential job applicants and their needs. Planning involves determining labor market goals and strategies. Positioning sets the image and targets specific applicant audiences. Supporting includes promoting openings through advertising, direct mail, and agencies. Screening applicants uses application forms, interviews, and testing to evaluate competencies.
The document discusses organizational structure for sales departments. It considers factors like reporting hierarchies, job descriptions, and objectives. There are generally three rules for structure: maintain a fast, flexible organization; eliminate redundant layers and behaviors to simplify; and put best people closest to customers. Structure follows strategy based on the company's mission, goals, and sales strategies. Customer-oriented structures organize by customer type or category while product-oriented structures organize by product. Span of control, or the number reporting to a manager, depends on job complexity, scope, interaction needs, experience, personality, and manager experience. Teams can help keep organizations flat by being self-managed.
Sales Organization
Need for Sales Organizations, their structures
Sales Manager’s functions and responsibilities
Planning for major customers and sales budget
Specific characteristics of a successful salesman
Functional Structure
Geographic Structure
Market-Based Structure
Product Sales Force Structure
Skills for Sales Managers
General sales skills
Recruitment skills
People skills
Training and mentoring skills
Communication skills
Forecasting skills
Financial, and general numeracy, skills
Public speaking skills
Leadership skills
Technology skills
Organizational skills
This document provides guidance for new sales managers on effectively managing a sales team. It outlines 3 key steps: 1) Get to know the staff, their clients, and opportunities through individual meetings, territory tours, and testing product knowledge. 2) Conduct a territory analysis to understand trends, structure, and goals and expand the customer base. 3) Identify internal processes, resources, tools, and reporting needs and develop collaborative relationships within the company. The overall goal is for the manager to evaluate the current state and set a foundation for ongoing success through organized operational structures and development of the sales team.
The document discusses sales force organization and provides details on:
1. The three basic tasks of sales force organization: maintaining order, assigning tasks and responsibilities, and integrating with other firm elements.
2. Key aspects of developing an effective sales organization structure including formal/informal structures, horizontal/vertical designs, centralized/decentralized models, and line/staff components.
3. The four basic types of sales organization: geographic, customer, product, and combination specializations. Current trends toward modifying these traditional forms are also mentioned.
This document discusses how to motivate a sales force by applying Abraham Maslow's hierarchy of needs. It summarizes Maslow's theory that humans have a hierarchy of needs from basic physiological needs to higher needs like esteem and self-actualization. To motivate a sales force, companies must address higher-level needs like trust in compensation, peer recognition, and giving salespeople the tools to reach their full potential. Advanced technology can help fulfill these higher needs and improve sales performance.
Better Business Planning: Your Comprehensive Guide to Building Success
Introduction:
Embarking on a new business venture or seeking to elevate an existing one? Whether you're a budding entrepreneur or aiming to secure funding from venture capitalists, the importance of a well-crafted business plan cannot be overstated. Welcome to "Better Business Planning," an e-book that serves as your indispensable guide to creating a comprehensive, thoughtful, and compelling business plan. Here, you'll find all the essential information you need to transform your business vision into a strategic roadmap for success.
Chapter 1: The Crucial Role of a Business Plan
The e-book commences with a deep dive into the significance of a business plan in the entrepreneurial journey. Whether you're at the inception stage or looking to attract investment, a well-constructed business plan is your roadmap to success. This chapter lays the foundation for understanding why a business plan is more than just a document—it's a strategic tool that aligns your aspirations with sound business reasoning.
Chapter 2: Comprehensive and Well-Thought-Out
Building a business plan goes beyond mere documentation; it requires a comprehensive and well-thought-out approach. This chapter delves into the key components that make a business plan effective. From market analysis to financial projections, every aspect is explored to ensure your business plan is not only thorough but also resonates with clarity and purpose.
Chapter 3: Crafting Sound Business Reasons
Success hinges on sound business reasons, and your business plan is the platform to articulate them effectively. This chapter explores the art of presenting compelling reasons for your business's existence, growth, and potential success. By understanding how to convey your ideas with conviction, you'll be better equipped to engage potential investors and stakeholders.
Chapter 4: Your One-Stop Source for Business Info
The e-book positions itself as your ultimate source for all things related to business planning. Whether you're a novice or a seasoned entrepreneur, you'll find valuable insights and practical tips to enhance your business planning skills. This chapter sets the tone for a comprehensive learning experience that empowers you to navigate the intricacies of the business planning process.
Conclusion:
"Better Business Planning" is more than just an e-book; it's your partner in the journey toward business success. From understanding the crucial role of a business plan to crafting sound business reasons, this guide is designed to equip you with the knowledge and skills needed to create a compelling roadmap for your venture. As you delve into the comprehensive and well-thought-out strategies outlined in this e-book, remember that a successful business plan is not just a document; it's a strategic tool that propels your vision toward tangible success. Get ready to transform your business planning approach—your journey begins here.
Running Head INITIAL STRATEGY PAPER .docxjeanettehully
Running Head: INITIAL STRATEGY PAPER 1
INITIAL STRATEGY PAPER 2
Group A Initial Strategy Paper
Maria Daniels, David Gehl, Aisha Rasberry, Heather Otwell, & Lasheikca Willie
Saint Leo University
MBA 565 Marketing Management
Dr. Lorrie McGovern
November 4, 2013
Table of Contents
Business Definition------------------------------------------------------------------Page 3
Competitive Advantage-------------------------------------------------------------Page 4
Performance Objectives------------------------------------------------------------ Page 4-5
Key Success Factors-----------------------------------------------------------------Page 5-7
Strategic Assumptions---------------------------------------------------------------Page 7
Conclusion----------------------------------------------------------------------------Page 7-8
Business definition
Target market: Allstar Brand’s Allround product will be marketed toward the demographics of young adults with children and the mature, mainly because these two demographics tend to have a higher demand of our product. Children tend to catch colds from being around other children, who then spread it at home, and to other family members. As people mature in age, the immune system weakens and becomes more vulnerable to catching colds or developing allergies along the way. Allstar believes that by focusing on young families, having consistent delivery of quality products, and by continually focusing on the customer needs, we would help build the loyalty of a lifelong customer and capture future generations. Allround products will be known as the trusted product from the “cradle to the grave”, by offering quality products at a great price. Allstar can be conveniently located at a local grocer or wholesale store within the community.
Value and Satisfaction: Allstar Brand will use customer surveys, market data, and trial size offerings to the targeted market to help us understand their ever changing needs and to ensure satisfaction on our current products. For instance, market surveys have revealed that some consumers showed preference of capsule over liquid form for convenience, while some young families show preference of non-alcoholic formula for their children's medication. Reformulation would be a high risk, since Allround is already well known “as is” in the current market, but by doing so, that would show our commitment and willingness to customize our product to meet our customers need.
Competitive Advantage
Our major competitor is Ethik Incorporated with $395 million worth of sales, followed by Allstar Brands, B &B Health Care, Driscol Corporation and Curral. Ethik has a very strong management team, which works closely together in making decisions for the company. We gain the competitive advantage because our product is available at grocery stores and wholesale locations, which mak ...
MKT 421 EDU Education Your Life / mkt421edu.comkopiko13a
FOR MORE CLASSES VISIT
www.mkt421edu.com
Purpose of Assignment
A well planned distribution channel system is a key component of the marketing mix that helps meet customer demands and achieve company goals. This assignment will analyze the role channels
1. The document discusses sales management, including defining it as the management of a firm's sales operations. It covers the objectives of sales management such as growing revenue, setting sales volumes, and improving production.
2. Sales forecasting methods are explained, including qualitative methods like expert opinion and quantitative methods like time series analysis. Sales planning and control involves setting goals, analyzing the current situation, preparing action plans, and setting performance metrics.
3. The document provides an overview of key concepts in sales management, forecasting, and planning, outlining definitions, objectives, methods, and the sales planning and control process in 3 sentences or less.
Your company name
Your name
Instruction Page
1. On the cover page
a. Replace ‘Your Company Name’ with your company name, city and state
b. Replace ‘Date’ with the date of the plan
c. Consider inserting graphics:
i. Company logo
ii. Insert a picture or graphic of your product or service
iii. Photo of your facilities
iv. Photo of your location
2. Replace ‘ENTER YOUR COMPANY NAME HERE’ with your company name on the page with the Statement of Confidentiality & Non-Disclosure
3. Open the document header and enter your company name and your name
4. Update the table of contents as you build your business plan.
Delete this page before submitting your business plan.
Business Plan
Your Company Name Here
City, State
Date
Statement of Confidentiality & Non-Disclosure
THIS BUSINESS PLAN CONTAINS PROPRIETARY AND CONFIDENTIAL INFORMATION.
All data submitted to the receiver is provided in reliance upon its consent not to use or disclose any information contained herein except in the context of its business dealings with ENTER YOUR COMPANY NAME HERE (Company). The recipient of this document agrees to inform its present and future employees and partners who view or have access to the document's content of its confidential nature.
The recipient agrees to instruct each employee that they must not disclose any information concerning this document to others except to the extent such matters are generally known to, and are available for use by, the public. The recipient also agrees not duplicate or distribute or permit others to duplicate or distribute any material contained herein without the Company's express written consent.
The Company retains all title, ownership and intellectual property rights to the material and trademarks contained herein, including all supporting documentation, files, marketing material, and multimedia.
Disclaimer Notice
THIS BUSINESS PLAN IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.
The Company reserves the right, in its sole discretion, to reject any and all proposals made by or on behalf of any recipient, to accept any such proposals, to negotiate with one or more recipients at any time, and to enter into a definitive agreement without prior notice to other recipients. The company also reserves the right to terminate, at any time, further participation in the investigation and proposal process by, or discussions or negotiations with, any recipient without reason.
BY ACCEPTANCE OF THIS DOCUMENT, THE RECIPIENT AGREES TO BE BOUND BY THE AFOREMENTIONED STATEMENT.
Table of Contents
Introduction and Overview 6
Executive Summary 6
Objectives 6
Mission 6
Keys to Success 6
Company Summary 6
Company Ownership 6
Start-up 6
What We Sell 7
Summary 7
Our products 7
Our services 7
Market Analysis and Sales Forecast 8
Market and Sales Forecast Summary 8
Total Market 8
Target Market Summar.
Your Company NameYour Company NameBudget Proposalfor[ent.docxhyacinthshackley2629
Your Company Name
Your Company Name
Budget Proposal
for
[enter years here]
BUSN278
[Term]
Professor[name]
DeVry University
Table of Contents
Section
Title
Subsection
Title
Page Number1.0Executive Summary
2.0Sales Forecast
2.1Sales Forecast
2.2Methods and Assumptions
3.0Capital Expenditure Budget
4.0Investment Analysis
4.1Cash Flows
4.2NPV Analysis
4.3Rate of Return Calculations
4.4Payback Period Calculations
5.0Pro Forma Financial Statements
5.1Pro Forma Income Statement
5.2Pro Forma Balance Sheet
5.3Pro Forma Cash Budget
6.0Works Cited
7.0Appendices
7.1Appendix 1: [description]
7.2Appendix 2:
[description]
(Please put page numbers in the last column of the table of contents above, because they apply to your finished assignment. Do this after your project is complete. Remove this text and all text that is in italics in this template when finished with your project.)
(Also, please submit your Excel spreadsheet that shows your supporting calculations.)
1.0 Executive Summary
The first paragraph of this executive summary should give a brief description of the business to which this budget applies. Very briefly describe the products and services of this company, the geography or demographics of the customers it serves, and why people purchase the main product of this business. Much or all of this information will be found in the business profile provided to you. Please use your own words, and please do not simply copy and paste the explanation in the course materials. Make assumptions if necessary.
Also, provide a second paragraph that describes how the budget supports the company’s strategy.
Finally, provide a third paragraph in which you summarize the key points from your budget, including the planning horizon; the amount of up-front investment; the NPV, payback, and IRR of the project; and key figures from your income statement, cash budget, and balance sheet.
Remember, this is not a thesis or introduction of what you will talk about—it contains the major, specific content of each section. The second and third paragraphs should be written after you have completed all other sections of this template.
As you complete sections of this template, please remove all italicized text in all sections of this template and replace it with your own text or you will lose points!
2.0 Sales Forecast
Briefly introduce the sales forecast section.
2.1 Sales Forecast
Here you should include a simple table showing the years and the total sales for each year, along with a brief explanation of why sales are expected to rise, fall, change, or stay the same in certain years. Provide a brief explanation of the sales forecast, indicating why you expect sales to rise or fall during the planning horizon. Your explanation should be consistent with the trends and changes in sales found in your table.
Year 1
Year 2
Year 3
Year 4
Year 5
Sales
2.2 Methods and Assumptions
Here you should describe how you arrived at your sales forecast in sect.
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With markets becoming volatile and uncertain, shortening of products and commoditization, sales function is facing huge challenges. Companies need to rewire their sales organization to provide it with enough flexibility, visibility, actionable intelligence and ownership for employees. In this Whitepaper, Browne & Mohan consultants share how to rewire sales organization to set the company for revenue growth and scaling up.
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U.S. businesses spend over $140 billion annually on personal selling through sales forces. When designing a sales force, companies must consider objectives, strategy, structure, and compensation. Objectives include quotas while strategy examines approaches like individual or team selling. Structure often involves territorial assignments. Effective management of sales forces includes training, supervision, motivation through rewards, and performance evaluations. Both the sales force design and ongoing management are essential to the success of the organization.
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The 10 Secrets of Sales Excellence - A global study from Mercuri InternationalMercuri International
Excellence vs your peers globally, not just because Mercuri said so!
The survey asks 926 respondents across 20 countries and 12 industry categories, with over 80 percent comprising CEOs and Sales Managers.
The top 3 are where we can help you most, now, today!
1. Each member of your sales team has a systematic account management planning process for each of their Customers
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2. Your sales strategy is documented in writing
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3. For each step of the sales process / workflow you have defined training modules, checklists / instruments
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They get better at supporting their people in living those processes by developing training modules, checklists and instruments for each step of the process.
Mercuri are experts in Sales.
Call Mat on +44 7572 343 341 and lets start our conversation.
This document discusses strategies for effectively marketing employment opportunities and attracting job applicants. It recommends adopting the classic product marketing approach of research, planning, positioning, and supporting. Market research should identify potential job applicants and their needs. Planning involves determining labor market goals and strategies. Positioning sets the image and targets specific applicant audiences. Supporting includes promoting openings through advertising, direct mail, and agencies. Screening applicants uses application forms, interviews, and testing to evaluate competencies.
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Specific characteristics of a successful salesman
Functional Structure
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Technology skills
Organizational skills
This document provides guidance for new sales managers on effectively managing a sales team. It outlines 3 key steps: 1) Get to know the staff, their clients, and opportunities through individual meetings, territory tours, and testing product knowledge. 2) Conduct a territory analysis to understand trends, structure, and goals and expand the customer base. 3) Identify internal processes, resources, tools, and reporting needs and develop collaborative relationships within the company. The overall goal is for the manager to evaluate the current state and set a foundation for ongoing success through organized operational structures and development of the sales team.
The document discusses sales force organization and provides details on:
1. The three basic tasks of sales force organization: maintaining order, assigning tasks and responsibilities, and integrating with other firm elements.
2. Key aspects of developing an effective sales organization structure including formal/informal structures, horizontal/vertical designs, centralized/decentralized models, and line/staff components.
3. The four basic types of sales organization: geographic, customer, product, and combination specializations. Current trends toward modifying these traditional forms are also mentioned.
This document discusses how to motivate a sales force by applying Abraham Maslow's hierarchy of needs. It summarizes Maslow's theory that humans have a hierarchy of needs from basic physiological needs to higher needs like esteem and self-actualization. To motivate a sales force, companies must address higher-level needs like trust in compensation, peer recognition, and giving salespeople the tools to reach their full potential. Advanced technology can help fulfill these higher needs and improve sales performance.
Better Business Planning: Your Comprehensive Guide to Building Success
Introduction:
Embarking on a new business venture or seeking to elevate an existing one? Whether you're a budding entrepreneur or aiming to secure funding from venture capitalists, the importance of a well-crafted business plan cannot be overstated. Welcome to "Better Business Planning," an e-book that serves as your indispensable guide to creating a comprehensive, thoughtful, and compelling business plan. Here, you'll find all the essential information you need to transform your business vision into a strategic roadmap for success.
Chapter 1: The Crucial Role of a Business Plan
The e-book commences with a deep dive into the significance of a business plan in the entrepreneurial journey. Whether you're at the inception stage or looking to attract investment, a well-constructed business plan is your roadmap to success. This chapter lays the foundation for understanding why a business plan is more than just a document—it's a strategic tool that aligns your aspirations with sound business reasoning.
Chapter 2: Comprehensive and Well-Thought-Out
Building a business plan goes beyond mere documentation; it requires a comprehensive and well-thought-out approach. This chapter delves into the key components that make a business plan effective. From market analysis to financial projections, every aspect is explored to ensure your business plan is not only thorough but also resonates with clarity and purpose.
Chapter 3: Crafting Sound Business Reasons
Success hinges on sound business reasons, and your business plan is the platform to articulate them effectively. This chapter explores the art of presenting compelling reasons for your business's existence, growth, and potential success. By understanding how to convey your ideas with conviction, you'll be better equipped to engage potential investors and stakeholders.
Chapter 4: Your One-Stop Source for Business Info
The e-book positions itself as your ultimate source for all things related to business planning. Whether you're a novice or a seasoned entrepreneur, you'll find valuable insights and practical tips to enhance your business planning skills. This chapter sets the tone for a comprehensive learning experience that empowers you to navigate the intricacies of the business planning process.
Conclusion:
"Better Business Planning" is more than just an e-book; it's your partner in the journey toward business success. From understanding the crucial role of a business plan to crafting sound business reasons, this guide is designed to equip you with the knowledge and skills needed to create a compelling roadmap for your venture. As you delve into the comprehensive and well-thought-out strategies outlined in this e-book, remember that a successful business plan is not just a document; it's a strategic tool that propels your vision toward tangible success. Get ready to transform your business planning approach—your journey begins here.
Running Head INITIAL STRATEGY PAPER .docxjeanettehully
Running Head: INITIAL STRATEGY PAPER 1
INITIAL STRATEGY PAPER 2
Group A Initial Strategy Paper
Maria Daniels, David Gehl, Aisha Rasberry, Heather Otwell, & Lasheikca Willie
Saint Leo University
MBA 565 Marketing Management
Dr. Lorrie McGovern
November 4, 2013
Table of Contents
Business Definition------------------------------------------------------------------Page 3
Competitive Advantage-------------------------------------------------------------Page 4
Performance Objectives------------------------------------------------------------ Page 4-5
Key Success Factors-----------------------------------------------------------------Page 5-7
Strategic Assumptions---------------------------------------------------------------Page 7
Conclusion----------------------------------------------------------------------------Page 7-8
Business definition
Target market: Allstar Brand’s Allround product will be marketed toward the demographics of young adults with children and the mature, mainly because these two demographics tend to have a higher demand of our product. Children tend to catch colds from being around other children, who then spread it at home, and to other family members. As people mature in age, the immune system weakens and becomes more vulnerable to catching colds or developing allergies along the way. Allstar believes that by focusing on young families, having consistent delivery of quality products, and by continually focusing on the customer needs, we would help build the loyalty of a lifelong customer and capture future generations. Allround products will be known as the trusted product from the “cradle to the grave”, by offering quality products at a great price. Allstar can be conveniently located at a local grocer or wholesale store within the community.
Value and Satisfaction: Allstar Brand will use customer surveys, market data, and trial size offerings to the targeted market to help us understand their ever changing needs and to ensure satisfaction on our current products. For instance, market surveys have revealed that some consumers showed preference of capsule over liquid form for convenience, while some young families show preference of non-alcoholic formula for their children's medication. Reformulation would be a high risk, since Allround is already well known “as is” in the current market, but by doing so, that would show our commitment and willingness to customize our product to meet our customers need.
Competitive Advantage
Our major competitor is Ethik Incorporated with $395 million worth of sales, followed by Allstar Brands, B &B Health Care, Driscol Corporation and Curral. Ethik has a very strong management team, which works closely together in making decisions for the company. We gain the competitive advantage because our product is available at grocery stores and wholesale locations, which mak ...
MKT 421 EDU Education Your Life / mkt421edu.comkopiko13a
FOR MORE CLASSES VISIT
www.mkt421edu.com
Purpose of Assignment
A well planned distribution channel system is a key component of the marketing mix that helps meet customer demands and achieve company goals. This assignment will analyze the role channels
1. The document discusses sales management, including defining it as the management of a firm's sales operations. It covers the objectives of sales management such as growing revenue, setting sales volumes, and improving production.
2. Sales forecasting methods are explained, including qualitative methods like expert opinion and quantitative methods like time series analysis. Sales planning and control involves setting goals, analyzing the current situation, preparing action plans, and setting performance metrics.
3. The document provides an overview of key concepts in sales management, forecasting, and planning, outlining definitions, objectives, methods, and the sales planning and control process in 3 sentences or less.
Similar to 151Management of a Sales Force, 12th Edition151Management of.docx (20)
Your company name
Your name
Instruction Page
1. On the cover page
a. Replace ‘Your Company Name’ with your company name, city and state
b. Replace ‘Date’ with the date of the plan
c. Consider inserting graphics:
i. Company logo
ii. Insert a picture or graphic of your product or service
iii. Photo of your facilities
iv. Photo of your location
2. Replace ‘ENTER YOUR COMPANY NAME HERE’ with your company name on the page with the Statement of Confidentiality & Non-Disclosure
3. Open the document header and enter your company name and your name
4. Update the table of contents as you build your business plan.
Delete this page before submitting your business plan.
Business Plan
Your Company Name Here
City, State
Date
Statement of Confidentiality & Non-Disclosure
THIS BUSINESS PLAN CONTAINS PROPRIETARY AND CONFIDENTIAL INFORMATION.
All data submitted to the receiver is provided in reliance upon its consent not to use or disclose any information contained herein except in the context of its business dealings with ENTER YOUR COMPANY NAME HERE (Company). The recipient of this document agrees to inform its present and future employees and partners who view or have access to the document's content of its confidential nature.
The recipient agrees to instruct each employee that they must not disclose any information concerning this document to others except to the extent such matters are generally known to, and are available for use by, the public. The recipient also agrees not duplicate or distribute or permit others to duplicate or distribute any material contained herein without the Company's express written consent.
The Company retains all title, ownership and intellectual property rights to the material and trademarks contained herein, including all supporting documentation, files, marketing material, and multimedia.
Disclaimer Notice
THIS BUSINESS PLAN IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.
The Company reserves the right, in its sole discretion, to reject any and all proposals made by or on behalf of any recipient, to accept any such proposals, to negotiate with one or more recipients at any time, and to enter into a definitive agreement without prior notice to other recipients. The company also reserves the right to terminate, at any time, further participation in the investigation and proposal process by, or discussions or negotiations with, any recipient without reason.
BY ACCEPTANCE OF THIS DOCUMENT, THE RECIPIENT AGREES TO BE BOUND BY THE AFOREMENTIONED STATEMENT.
Table of Contents
Introduction and Overview 6
Executive Summary 6
Objectives 6
Mission 6
Keys to Success 6
Company Summary 6
Company Ownership 6
Start-up 6
What We Sell 7
Summary 7
Our products 7
Our services 7
Market Analysis and Sales Forecast 8
Market and Sales Forecast Summary 8
Total Market 8
Target Market Summar.
Your Company NameYour Company NameBudget Proposalfor[ent.docxhyacinthshackley2629
Your Company Name
Your Company Name
Budget Proposal
for
[enter years here]
BUSN278
[Term]
Professor[name]
DeVry University
Table of Contents
Section
Title
Subsection
Title
Page Number1.0Executive Summary
2.0Sales Forecast
2.1Sales Forecast
2.2Methods and Assumptions
3.0Capital Expenditure Budget
4.0Investment Analysis
4.1Cash Flows
4.2NPV Analysis
4.3Rate of Return Calculations
4.4Payback Period Calculations
5.0Pro Forma Financial Statements
5.1Pro Forma Income Statement
5.2Pro Forma Balance Sheet
5.3Pro Forma Cash Budget
6.0Works Cited
7.0Appendices
7.1Appendix 1: [description]
7.2Appendix 2:
[description]
(Please put page numbers in the last column of the table of contents above, because they apply to your finished assignment. Do this after your project is complete. Remove this text and all text that is in italics in this template when finished with your project.)
(Also, please submit your Excel spreadsheet that shows your supporting calculations.)
1.0 Executive Summary
The first paragraph of this executive summary should give a brief description of the business to which this budget applies. Very briefly describe the products and services of this company, the geography or demographics of the customers it serves, and why people purchase the main product of this business. Much or all of this information will be found in the business profile provided to you. Please use your own words, and please do not simply copy and paste the explanation in the course materials. Make assumptions if necessary.
Also, provide a second paragraph that describes how the budget supports the company’s strategy.
Finally, provide a third paragraph in which you summarize the key points from your budget, including the planning horizon; the amount of up-front investment; the NPV, payback, and IRR of the project; and key figures from your income statement, cash budget, and balance sheet.
Remember, this is not a thesis or introduction of what you will talk about—it contains the major, specific content of each section. The second and third paragraphs should be written after you have completed all other sections of this template.
As you complete sections of this template, please remove all italicized text in all sections of this template and replace it with your own text or you will lose points!
2.0 Sales Forecast
Briefly introduce the sales forecast section.
2.1 Sales Forecast
Here you should include a simple table showing the years and the total sales for each year, along with a brief explanation of why sales are expected to rise, fall, change, or stay the same in certain years. Provide a brief explanation of the sales forecast, indicating why you expect sales to rise or fall during the planning horizon. Your explanation should be consistent with the trends and changes in sales found in your table.
Year 1
Year 2
Year 3
Year 4
Year 5
Sales
2.2 Methods and Assumptions
Here you should describe how you arrived at your sales forecast in sect.
Your company recently reviewed the results of a penetration test.docxhyacinthshackley2629
Your company recently reviewed the results of a penetration test on your network. Several vulnerabilities were identified, and the IT security management team has recommended mitigation. The manager has asked you to construct a plan of action and milestones (POA&M) given that the following vulnerabilities and mitigations were identified:
The penetration test showed that not all systems had malware protection software in place. The mitigation was to write a malware defense process to include all employees and retest the system after the process was implemented.
The penetration test indicated that the data server that houses employee payroll records had an admin password of “admin.” The mitigation was to perform extensive hardening of the data server.
The penetration test also identified many laptop computers that employees brought to work and connected to the internal network,some of which were easily compromised. The mitigation was to write a bring your own device (BYOD) policy for all employees and train the employees how to use their devices at work.
Complete
the 1- to 2-page
Plan of Action and Milestones Template
. (Must use this template!)
.
Your company wants to explore moving much of their data and info.docxhyacinthshackley2629
Your company wants to explore moving much of their data and information technology infrastructure to the cloud. The company is a small online retailer and requires a database and a web storefront. Currently, only IT is over budget on database maintenance. The initial analysis points to significant cost savings by moving to a cloud environment.
Research
the differences between Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS).
Discuss
the differences between IaaS, SaaS, and PaaS. Give an example of the appropriate use of each of the cloud models (Iaas, SaaS, and PaaS).
.
Your company plans to establish MNE manufacturing operations in Sout.docxhyacinthshackley2629
Your company plans to establish MNE manufacturing operations in South Korea. You have been asked to conduct a cultural audit focusing on leadership behaviors of South Korea. The results of your report will be used for internal training for plant managers due to be reassigned to work with South Korean managers in a few months. You are aware of a high-collectivism culture with a Confucian code of ethical behavior in South Korea. What kinds of South Korean leadership behaviors would you expect to include in your report? Describe these in terms of interaction between the U.S. and Korean managers as well as interaction between Korean leader-followers.
By
Saturday, June 21, 2014
respond to the discussion question assigned by the faculty. Submit your response to the appropriate
Discussion Area
. Use the same
Discussion Area
to comment on your classmates' submissions and continue the discussion until
Wednesday, June 25, 2014
.
Comment on how your classmates would address differing views.
.
Your company just purchased a Dell server MD1420 DAS to use to store.docxhyacinthshackley2629
Your company just purchased a Dell server MD1420 DAS to use to store databases. the databases will contain all employee records and personal identified information (PII). You know that databases like this are often targets. The Chief Information Officer has asked you draft a diagram for the server and 3 connected workstations. The diagram must use proper UML icons.
- Research:
network topology to protect database server (Google Term and click images)
-
Create a diagram using proper UML
icon, the protects the server and the 3 workstations.
-
Include where Internet access will be located
, firewall and other details.
- The
body (Min 1 page)
- Provide a summary after the diagram how and why you topology should protect the database.
.
your company is moving to a new HRpayroll system that is sponsored .docxhyacinthshackley2629
your company is moving to a new HR/payroll system that is sponsored by a firm called Workday.com. You have been asked to oversee the stakeholder management aspects of this project. Identify some of the key stakeholders at your company and describe how you plan to keep them engaged during your year-long project. Be sure to include the appropriate methods since not all of your stakeholders are located at the HQ office in Herndon, VA.
.
Your company is considering the implementation of a technology s.docxhyacinthshackley2629
Your company is considering the implementation of a technology solution to address a business problem. As a member of the IT team for a manufacturing company, you were asked to select a product to address the identified needs, informing the stakeholders about its fit to the identified needs, and providing implementation details. Several past process changes have been unsuccessful at implementation and user acceptance. You will create two artifacts that communicate product information tailored to meet the needs of each of the following stakeholder groups:
• Audience 1: executive leadership of the organization, such as the CIO, CFO, etc.
• Audience 2: cross-functional team, including members from IT who will be implementing the product
.
Your company is a security service contractor that consults with bus.docxhyacinthshackley2629
Your company is a security service contractor that consults with businesses in the U.S. that require assistance in complying with HIPAA. You advertise a proven track record in providing information program security management, information security governance programs, risk management programs, and regulatory and compliance recommendations. You identify vulnerabilities, threats, and risks for clients with the end goal of securing and protecting applications and systems within their organization.
Your client is Health Coverage Associates, a health insurance exchange in California and a healthcare covered entity. The Patient Protection and Affordable Care Act (ACA) enables individuals and small businesses to purchase health insurance at federally subsidized rates. In the past 6 months, they have experienced:
A malware attack (i.e., SQL Injection) on a critical software application that processed and stored client protected health information (PHI) that allowed access to PHI stored within the database
An internal mistake by an employee that allowed PHI to be emailed to the wrong recipient who was not authorized to have access to the PHI
An unauthorized access to client accounts through cracking of weak passwords via the company’s website login
Health Coverage Associates would like you to
develop
a security management plan that would address the required safeguards to protect the confidentiality, integrity, and availability of sensitive data from the attacks listed above and protect their assets from the vulnerabilities that allowed the attacks to occur.
Write
a 1- to 2-page high-level executive summary of the legal and regulatory compliance requirements for Health Coverage Associates executives. The summary should provide
Accurate information on the HIPAA requirements for securing PHI
FISMA and HIPAA requirements for a security plan
Scope of the work you will perform to meet the Health Coverage Associates’ requests
Compile
a 1-to 2-page list of at least 10 of the CIS controls that provide key alignment with the administrative (policies), physical (secured facilities), and technical safeguards required under HIPAA to protect against the attacks listed above. Include corresponding NIST controls mapped to the selected CIS controls.
Write
a 1- to 2-page concise outline of the contents of the security management plan. Include
Policies Health Coverage Associates will need to manage, protect, and provide access to PHI
The recommended risk management framework Health Coverage Associates should adopt
Key elements Health Coverage Associates should include in its plan of actions and milestones
Cite
all sources using APA guidelines.
.
Your company has just sent you to a Project Management Conference on.docxhyacinthshackley2629
Your company has just sent you to a Project Management Conference on the latest trends in project scope management. When you return to work, you will have to provide a report at the staff meeting on what you learned.
In your initial post
, share some of the trends that you heard at the conference. Conduct research and use sources to support your findings. Be sure to acknowledge any sources you use.
.
Your company has designed an information system for a library. The .docxhyacinthshackley2629
Your company has designed an information system for a library. The project included a new network (wired and wireless), a data entry application, a Web site, database and documentation.
Design a generic test plan that describes the testing for an imaginary system, make sure to address unit, integration and system testing.
Create a one-page questionnaire to distribute to users in a post-implementation evaluation of a recent information system project. Include at least 10 questions that cover the important information you want to obtain.
.
Your company has had embedded HR generalists in business units for t.docxhyacinthshackley2629
Your company has had embedded HR generalists in business units for the past several years. Over that time, it has become more costly and more difficult to maintain standards, and is a frustration for business units to have that budget “hit.” The leadership has decided to move to a more centralized model of delivering HR services and has asked you to evaluate that proposition and begin establishing a project team to initiate the needed changes. The project team is selected, and you must now provide general direction.
.
Your company You are a new Supply Chain Analyst with the ACME.docxhyacinthshackley2629
Your company: You are a new Supply Chain Analyst with the ACME Corporation. We design specialty electronics that are components in larger finished goods such as major appliances, automobiles and industrial equipment. Manufacturing is outsourced to low-cost suppliers due to the significant labor contribution and closeness to electronic component suppliers.
Your product: ACME Corp. designs a leading-edge family of devices branded as “Voice Assistants.” These are add-on boxes that many OEMs are using as plug-and-play devices in a wide variety of Internet-of-Things products. They are also sold directly to consumers as after-market items, but only for IoT devices that were built with our proprietary data-port.
Figure 1: Product line of ACME Corp Voice Assistant IoT Add-on Boxes
Your task: Your Chief Supply Chain Officer (CSCO) is requesting a review of supplier-to-customer processes as related to recent growth in our company and increasing demand for faster responsiveness to customers. One alternative is to decentralize our inventory into regional Distribution Centers; however, our ERP system is currently limited in the data available to make some of these decisions – and the output reports are very antiquated. Starting off the process, the CSCO directed that your Analysis Team use population data to pro-rate our national sales data as a starting point. For this analysis, you are asked to focus only on the flagship product, Voice Assistant IoT Add-on Box, 4GB, SKU #123-456789. The challenge is now yours to complete some computations and interpret the results!
Your data: A detailed report from your ERP system along with secondary data from the U.S. Census Bureau (reference: https://www.census.gov/programs-surveys/popest/data/data-sets.html) is provided. (Note: Sales to Alaska, Hawaii and Puerto Rico are handled by a 3PL provider and therefore are NOT part of this analysis.) The consolidated EXCEL® file has incorporated several tasks already performed by the Analysis Team --- sort, cleanse, inventory optimization, etc. Other tasks remain for your team.
Detailed Requirements: Prepare a formal report summarizing your results and providing recommendations that are supported by facts. The required layout follows:
A. Supply Chain Management:
a. Identify a single key supplier and a single key customer for your product, including a brief description of their product.
b. Identify the proper type of business relationship that your company should have with the supplier and customer from Part A, above, then briefly describe the data that you would share with them.
c. When implementing Supply Chain Management with your #1 key supplier for the first time, create a timeline that lists each of the six SCOR processes in the order that you recommend implementation; include process leader (by job title), primary contact at supplier/customer (by job title), and duration to implement.
d. Briefly describe each of the four enablers of supply chain .
Your company has asked that you create a survey to collect data .docxhyacinthshackley2629
Your company has asked that you create a survey to collect data on customer satisfaction related to their health care experience at your hospital.
Assignment Details (4-5 pages)
Please Add Title to page
Page 1:
A brief summary of the health care issue/topic (wait time, medication errors, etc.)
Number and access of source to sample and population
Limitations of the survey (parameters)
Time line for completion of survey
Page 2: Survey Questions
Survey questions: Limit the questions to 10
Page 3: Compilation of Data
Time line for assessment and evaluation of data
Challenges faced during this process
Page 4: Results and Conclusions
Results of study
Conclusions and potential value of the findings
Reference page
Deliverable Length
4–5 pages
Title and reference pages
.
"Your Communications Plan"
Description
A.
What is your challenge or opportunity?
The topic I would like to present is pitching an Project idea for some investor to invest in my Women’s Resources center.(Voices Of Women)
B.
.
Why is this professionally important to you?
Goal
A.
What goal or outcome do you want to achieve with this communication?
I.
Is it clear, concise, and actionable?
Audience
A.
Who is you target audience?
What are the professional positions of the audience?
I.
What demographic characteristics will the audience comprise?
II.
What is your relationship to the audience?
III.
What background knowledge and expertise does the audience have?
IV.
What does the audience know, feel about, and expect concerning this communication?
V.
What preconceptions or biases do you possess that might prevent you from building rapport with your audience?
B.
What information is available about your audience?
A.
b.
c.
I.
What research/sources will you use to obtain information about the audience?
II.
What conclusions have you been able to draw about the audience?
C.
What tone will you
"Your Communications Plan"
Description
A.
What is your challenge or opportunity?
The topic I would like to present is pitching an Project idea for some investor to invest in my Women’s Resources center.(Voices Of Women)
B.
.
Why is this professionally important to you?
Goal
A.
What goal or outcome do you want to achieve with this communication?
I.
Is it clear, concise, and actionable?
Audience
A.
Who is you target audience?
What are the professional positions of the audience?
I.
What demographic characteristics will the audience comprise?
II.
What is your relationship to the audience?
III.
What background knowledge and expertise does the audience have?
IV.
What does the audience know, feel about, and expect concerning this communication?
V.
What preconceptions or biases do you possess that might prevent you from building rapport with your audience?
B.
What information is available about your audience?
A.
b.
c.
I.
What research/sources will you use to obtain information about the audience?
II.
What conclusions have you been able to draw about the audience?
C.
What tone will you use to convey your message?
I.
Is the setting casual or formal?
II.
Is the communication personal or impersonal?
Key Message
A.
What is the primary message you must convey to your audience?use to convey your message?
I.
Is the setting casual or formal?
II.
Is the communication personal or impersonal?
Key Message
A.
What is the primary message you must convey to your audience?
.
Your community includes people from diverse backgrounds. Answer .docxhyacinthshackley2629
Your community includes people from diverse backgrounds. Answer the following questions related to how culture affects nutrition.
1. How does your culture shape decisions that you make about nutrition? (Culture includes history, values, politics, economics, communication styles, beliefs, and practices.)
2. Describe at least 1 different cultures present at your community. How do these cultures impact food choices?
3. Describe how you interact with someone from another culture related to diet. Provide specific examples.
4. Assume that you are preparing a Thanks Giving dinner for a group of your classmates that represent a variety of cultures. Describe how you will prepare the menu and set the table. Include how you will address food safety at the picnic.
Explore ways to address the problem of food insecurity in your community.
1. What programs are available to meet the nutrition needs of individuals in the area?
2. What types of options exist in the area to purchase food?
3. What role do you believe society should take to ensure that individuals have access to adequate healthy food?
4. What do you see as your role in the community related to proper nutrition?
.
Your Communications Plan Please respond to the following.docxhyacinthshackley2629
"Your Communications Plan"
Please respond to the following:
Provide a brief overview of your Strategic Communications Plan. Include a short description for each of the following
in bullet point format
:
- The purpose of the communication
- Your goal
- Audience
- Key Message
- Supporting Points
- Channel Selection
- Action Request
Note:
Remember, feedback is a powerful and essential tool. Thoughtful, useful feedback is specific. It combines suggestions for improvement with the recognition of good ideas. When you offer feedback, you should contribute new ideas and new perspectives to help your peers learn and move forward.
.
Your Communication InvestigationFor your mission after reading y.docxhyacinthshackley2629
You are to observe human interaction for 15 minutes in a public setting, noting details of two people's conversation without interrupting. You should describe the communication environment and identify elements of the transactional communication model. Finally, post a brief report on the discussion board, and reply to two classmates' posts with empathetic perspectives on their observations.
Your Communications PlanFirst step Choose a topic. Revi.docxhyacinthshackley2629
"Your Communications Plan"
First step: Choose a topic. Review the Communication Challenge Topics and choose one that is relevant and interesting to you. Make sure to review the examples and anecdotes that follow each topic in this document. You can also find this information under the Course Info tab.
Second step: Review the Strategic Communication Plan example. Your plan should mirror this example in format and length. You can also find this example under the Course Info tab.
Third step: In this discussion, please respond to the following:
Part 1: What is your topic?
Part 2: Provide a rough draft of your Strategic Communications Plan for peer review and instructor feedback. Your draft should include enough detail that we can provide strong constructive feedback and input.
COM510 ASSIGNMENT COMMUNICATION CHALLENGE TOPICS
In the world of business, we can create opportunities through strategic communication. Throughout our professional careers, there are key events that raise the stakes of our communications approach.
WHAT YOU’LL DO
1) Review the Communication Challenge Topics and their accompanying case study examples.
2) Select 1 topic that is professionally relevant for you.
3) Use for your COM510 assignments (the topic you have selected, not the case study example).
Note: If there is another challenge or current opportunity in your professional life that is more relevant for you, you may choose a topic that is not on this list. Keep in mind that the communication challenge you select must in- clude both written and verbal communication elements to meet the needs of this course. (Your professor must approve your selection before you proceed.)
1
Examples of each scenario are provided to demonstrate what thoughtful, professional communication would look like in each of these situations. These are only examples and should not be used for completing the assignment. You can create and establish all necessary assumptions. The scenario is yours to explain.
COMMUNICATION CHALLENGE TOPICS
Choose one of the following topics for your assignments.
• Internal Promotion Opportunity
• New Job Opportunity Interview
• Running a Meeting
• Coaching Your Direct Employees
• Pitching a Project Idea
INTERNAL PROMOTION
Seeking a promotion from within your company is one opportunity in which strategic communication could mean the difference be- tween success and failure. If you choose this scenario, you’ll need to create both a written and a verbal (audio or video) communica- tion. These elements should explain why you are the right person for the internal promotion while addressing potential questions you might need to answer as part of the process.
Things to Consider
• Have you checked the listings on your company’s job board lately?
• Is there a new position you would like to secure?
• Have you taken on more responsibility at work?
• Have your outcomes been positive?
• Do your job title and job description match what you do? .
Your coffee franchise cleared for business in both countries (Mexico.docxhyacinthshackley2629
Your coffee franchise cleared for business in both countries (Mexico, and China). You now have to develop your global franchise team and start construction of your restaurants. . You invite all of the players to the headquarters in the United States for a big meeting to explain the project and get to know one another since they represent the global division of your company.
You are concerned with the following two issues. Substantively address each in a two-part paper, applying Beyond the Book, MUSE, Intellipath and library resources to support your reasoning
Part 1: Effective communication with participants
What are the implications of the cultural variables for your communication with the team representative from each country in the face to face meeting?
Address Hall’s high and low context regarding verbal and non-verbal communication. The United States is a low context culture, while each country is high context.
Tip: Write at least one substantive paragraph for each country
Video on Hall's high and Low Context Communication
Part 2: Effective communication among participants
What are examples of barriers and biases in cross-cultural business communications that may impact the effectiveness of communication among the meeting participants and in potential negotiations?
What are some of the issues you should be concerned about regarding verbal and nonverbal communication for this group to avoid misinterpretations and barriers to communication?
Please submit your assignment.
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বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
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151Management of a Sales Force, 12th Edition151Management of.docx
1. 151
Management of a Sales Force, 12th Edition
151
Management of a Sales Force, 12th Edition
106 PART 2 Organizing, Staffing, and Training a Sales
Force
Team Selling
As noted in Chapter 2, a growing number of firms are using
selling teams to call on the various individuals in the buying
center. A selling team is a group of people representing the
sales department and other functional areas in the firm, such as
finance, production, and research and development (R&D).
Organizational Options for Team Selling
The organizational arrangements for team selling are quite
flexible. Usually the functional specialists and management
levels on the selling team match those from the buying center in
any given purchase-sale transaction. Therefore, the functional
and executive composition of a selling team varies from
company to company, and from one selling situation to another
within a given firm. Companies such as IBM and Compaq,
which sell customized combinations of computer hardware and
software, use teams of salespeople and technical experts who
work closely with the customer's buying team. At IBM, for
example, client executives manage teams, which include
product reps, systems engineers, and consultants.11 On the
Monsanto customer team, IBM included research experts in
molecular technology to help Monsanto with genetic
engineering problems. As a result, IBM won a contract with
Monsanto worth $1 billion.12 At 3M Corporation, cross-
functional teams have been formulated from each of the
company's regions; these teams include people from logistics,
management information systems, and sales.13
2. In recent years, there has been a trend toward including
representatives from the customer's organization on the team. In
order to serve its important customers, General Electric (GE)
creates large teams that are both cross-functional and cross-
company. It formed a 140-person cross-company team to help
one customer, Southern California Edison, reduce the downtime
on its steam turbine generators, which were purchased from GE.
The team consisted of 60 people from GE and 80 from Southern
California Edison. Medical equipment manufacturer Baxter
International has gone even further by jointly setting targets and
sharing the savings or the extra costs.14 In these cases the two
companies have entered into a partnership, as described in
Chapter 2.
Some companies establish a separate location where sales teams
meet with customer buying teams. At these selling centers, the
selling team presents an integrated program that matches the
account's needs. The agenda for the program is usually
developed in consultation with the buying team. Xerox has six
of these centers, which it calls executive briefing centers, and
management believes that they stimulate openness, which
improves communication and thus the relationship with the
buying team.18
Strategic Considerations
A number of factors must be considered if a company chooses
to adopt a team-selling approach. The size and the functional
diversity of the team must be established. Management must
determine how it will reward the individuals on the team as well
as the team itself. To a large extent, these decisions should be
based on the strategic objectives for the team. For example, if
one of the primary responsibilities of the team will be to
provide
Management of a Sales Force, 12th Edition
Management of a Sales Force, 12th Edition
3. CHAPTER 4 Sales Force Organization 107
a great amount of after-sale support, and if that support will be
provided by people other than the salesperson, it is often
effective to include the support staff as part of a sales team.
This enables the support personnel to develop a better
understanding of the customer's support needs relatively
quickly. Furthermore, with their expertise, support people can
help close the sale.
However, there are some general guidelines that may affect
strategic decisions. On the one hand, it has been found that
individuals tend to exert less effort as team size increases, so
there is some rationale for limiting the size of the team. On the
other hand, there is evidence that greater skill diversity is
related to increased effort and interaction on the part of the
team members. Therefore, it is a good idea to form teams with
individuals who are from several different functional areas or
departments within the firm.
Team selling is not the best alternative in every situation. It is
expensive and consequently is used only when there is potential
for high sales volume and profit. For example, companies may
use teams to call on their major accounts but not on their low-
volume accounts. Even then, team selling is likely to be used
only in complex situations involving a large capital expenditure,
a long-term contract, customized products and services, or a
new account. We call these new-task situations. Routine selling
situations— even for large amounts—are likely to be handled by
a sales rep and a purchasing agent working together, with no
team involved. The in-between situations—modified rebuys, we
call them—may involve a selling team, but with fewer members
than in new-buy situations.
The overriding consideration in the decision to use sales teams
should be whether the approach is consistent with the needs of
4. the buyer. If your important customers or potential customers
are using buying teams for their complex purchasing decisions,
then your firm should consider using multifunctional sales
teams to call on these customers.
Independent Sales Organizations
Most producers use some type of wholesaling or retailing
intermediaries to get their products to the final customer.
According to the most recent U.S. Census of Retail Trade, less
than 5 percent of the dollar volume of products bought by
household consumers is purchased directly from producers.16 In
business goods, the dollar volume of direct sales—producer to
business user—is very high. But most business-goods producers
also use some type of wholesaling intermediary. Most
producers, then, rely in part on using someone else's sales force
to move the product to market. At the same time, these
intermediaries must be sold on representing a certain producer
and selling the producer's products. In effect, an intermediary's
organization becomes both a customer and a sales force for this
producer.
The two major categories of these independent sales forces are
merchant intermediaries (wholesalers and retailers) and agents.
Additionally, most wholesaling intermediaries (merchant
wholesalers and agents) have outside sales forces—sales forces
that go to the customer. Therefore, the management of these
sales forces is within the scope of this book. However, at this
point, we are interested only in the sales force organizational
relationships between a producer and these intermediary
companies.
Management of a Sales Force, 12th Edition
Management of a Sales Force, 12th Edition
CHAPTER 6 Profiling and Recruiting Salespeople I if
characteristics of good and poor sales reps to determine whether
there are certain traits present in the good reps and absent in the
5. poor ones. The traits of the good sales reps are then used to
develop a job profile of the kind of person the firm is seeking.
Figure 5-5 briefly describes the procedure for making an
analysis of personal histories, along with a simple illustration.
In Figure 5-5, two characteristics—age at time of hiring and
amount of education—are used to illustrate how personal
histories can be studied. Similar analyses may be made for any
other trait believed to influence success in selling in a given
company. The firm could study environmental and experience
factors in much the same manner as age and education. Mental
abilities may be quantified by means of intelligence tests.
General appearance could be measured by giving a person a
rating on neatness and appropriate dress, and test scores can be
used to measure personality traits.
This personal-history information can be analyzed using the
method demonstrated in Figure 5-5 or by using a more
sophisticated statistical technique called discriminant analysis.
This type of analysis identifies characteristics that vary
significantly between the groups. Once these distinguishing
characteristics have been identified for a particular sales force,
they can be used to develop a profile of the successful
salesperson.
On the basis of an analysis of its current sales consultants,
Accenture totally revised its selection criteria. The company
discovered that students with part-time jobs and extracurricular
activities were more likely to succeed than those with higher
grade-point averages.7
Recruiting and Its Importance
After the number and type of salespeople wanted have been
determined, the next major step in selecting a sales force is to
recruit applicants for the position to be filled. Recruiting
includes all activities involved in securing individuals who will
apply for the job. The concept does not include the actual
selection of people by means of interviews, tests, or other hiring
tools. That step is the topic of Chapter 6. A sound selection
6. program cannot exist without a well-planned and well-operated
system for recruiting applicants. If recruiting is done
haphazardly, a company runs the risk of overlooking good
sources of prospective salespeople. Also, there is a risk of
hiring unsuitable people simply because the firm must select
immediately from the available applicants.
The importance of recruiting grows in relation to increases in
the costs of selecting salespeople and maintaining them in the
field. Certainly, the direct costs of recruiting—costs such as
maintaining recruiting teams and placing recruiting
advertisements—are increasing. But more important than the
direct cost of recruiting is the effect that recruiting may have on
the total costs of selection and training. It may be desirable to
increase the cost of the recruiting activity if it results in finding
better-quality applicants.
The costs of having an open sales territory are also great. If a
firm must do a significant amount of recruiting, it should be
done continuously. Even when no immediate need for new
salespeople exists, the firm should develop a list of potential
recruits. Then when an opening does occur, the time and costs
of fining that territory will be relatively low. Sales managers
should be
Management of a Sales Force, 12th Edition 147
Management of a Sales Force, 12th Edition 139
PART 2 Organizing, Staffing, and Training a Sales Force
proactive in their recruiting efforts. They should anticipate
openings, look constantly for potential recruits, and keep a file
on those who might be able to • fill a future need. As Brian Ely,
an Aflac sales executive, stated, "It's important to always have a
list of top sales talent at the ready so that when positions open
up, there are candidates who could potentially fill the job
quickly."8
Need for Many Recruits
8. maintain a continuing relationship with them, even when the
firm is not hiring. Firms that want college graduates should
keep in touch with professors who have furnished assistance in
the past. Customers who have supplied leads to good people
should be reminded periodically of the company's gratitude and
be encouraged to suggest more prospects.
140
Management of a Sales Force, 12th Edition " 49
CHAPTER 5 Profiling and Recruiting Salespeople
141
148 BBA3221
Management of a Sales Force, 12th Edition 141
Sources for Recruiting Sales Representatives
Some frequently used recruiting sources or leads to sources, as
shown in Figure 5-6, are
148 BBA3221
Management of a Sales Force, 12th Edition " 49
s
Referrals. Current employees.
Other companies (competitors, customers, noncompetitors).
· The Internet.
· Educational institutions. Advertisements.
« Employment agencies.
· Part-time workers.
Referrals
A referral is a recommendation by one individual that another
be hired for a position. Referrals can come from a variety of
sources, your own employees or from someone at another
company. Because they are the preferred source of sales
recruits, we will discuss them separately.
Many managers prefer referrals as a source of recruiting
salespeople because of the advantages they offer. Most referrals
9. come from someone who works for the company. They know the
job requirements and the recruit. Chances are pretty good that
the recommended candidate will have the necessary skills as
well as fit within the company culture. The current
148 BBA3221
Management of a Sales Force, 12th Edition " 49
FIGURE 5-6
Sources of sales force recruits
Current
Referrals
Other companies: Competitors
company employees
Customers Others
i
I
/
f
/
Employment
Recruiting
10. Part-time
agencies
Sources
workers
V
/
i
/
<
>
The Internet
Educational institutions
Advertisements
148 BBA3221
Management of a Sales Force, 12th Edition " 49
(
An-Ethical Dilemma
Qualified salespeople are hard to find, especially they lose the
benefit of the reps' sales productiv-experienced salespeople who
are familiar with a ity. The recruiting companies believe that
taking recruiter's industry. One way to get such people is
salespeople from competitors is no different from to
aggressively recruit them from a competitor's taking
11. customers—that's called competition, sales force.
Not
only do
tiaeao reps
know the busi- _ ^.
r
- , .
ness,
but th
ey also might bring along
some of
Question:
Is it ethical for a sales manager to their customers. However,
competitors object directly approach a competitor's sales rep
with a strongly to "pirating," as they call it. They have job
offer? spent much mo
ney training these reps, and now
142 y
PART
2 Organizing, Staffing, and Training a Sales Force
)salespeople, for example, are an excellent source of leads to
new recruits. They clearly know the job and the company, and
they often meet reps and employees from other companies. Both
Microsoft and Dr Pepper/Seven Up, Inc., rely to a great extent
on employee referrals as a recruiting source. Dr Pepper/Seven
Up makes 40 percent of its new hires from referrals.10
The big disadvantage of using referrals is that you may not get
enough of them. Southwest Airlines has found a good way to
combat this problem. Southwest offers many different
incentives to encourage its employees to make referrals, such as
flight coupons and drawings for computers. At Microsoft and Dr
Pepper/Seven Up employees receive a monetary reward if a
person referred is hired and meets initial performance goals.
Additionally, managers at Microsoft believe that its strong
corporate culture stimulates employee referrals.11 Again, it
should be noted that referrals often come from another
12. recruiting source.
Current Employees
Some companies recruit their sales force from workers in their
production plants or offices. Management has been able to
observe these people and evaluate their potential as sales reps.
These workers are acquainted with the product and also have
been indoctrinated in company policies and programs. Their
values fit with the company culture. Many companies like to
recruit within their own organizations because these candidates
are the least costly to recruit and train. Hiring salespeople from
within the company also can be a great morale booster, because
most plant and office workers consider transfer to the sales
department to be a promotion. General Motors (GM) believes
strongly in recruiting from within the company. In fact, at
General Motors University, GM conducts cross-functional
training for many different positions. After they "graduate,"
employees can attain positions in new departments, including
sales.12
Other Companies: Competitors, Customers, Noncompetitors
A competitor's sales force is a major recruiting source for
salespeople. However, there are different views about recruiting
competitors' salespeople. On the one hand, they know the
product and the market very well. They are also experi-
6 BBA3221
Management of a Sales Force, 12th Edition " 49
CHAPTER 5 Profiling and Recruiting Salespeople
151
Management of a Sales Force, 12th Edition
Management of a Sales Force, 12th Edition
enced sellers and therefore require little training. On the other
13. hand, it may be harder for these people to unlearn old practices
and make the adjustment to a new environment. Also, for some
managers, recruiting from a competitor's sales force may
present an ethical dilemma (see the box on page 142).
A firm may seek leads to prospects from its customers.
Purchasing agents are often good sources of names. They have
some knowledge of the abilities of the sales reps who call on
them. Customers' employees themselves may be a source of
salespeople Often, retail clerks make good salespeople for
wholesalers and manufacturers. These clerks know the product.
They also know something of the behavior of the retailers—the
market to which the hiring firm sells.
Sales reps working for noncompeting companies are another
source, particularly if they (1) are selling products related to
those sold by the recruiting firm or (2) are selling to the same
market. A salesperson working for a supplier of the recruiting
firm, for example, is a potential source of recruits. Presumably,
recruits from this source have some sales ability and need
relatively little training.
Recruiting from other firms raises some questions. Hiring the
good employees of a customer obviously has drawbacks. The
task must be handled very diplomatically to avoid losing the
customer.
A firm that hires from the outside should determine (1) why the
applicants are interested in changing jobs and (2) why they want
to work for the hiring company. Applicants may figure that the
quickest way to success is to move from one company to
another. Some people find that a new job is not what they
expected, however. A recruiting source many companies may
overlook is former employees. It is interesting to note that many
firms have established Internet "alumni" networks to maintain
connections with those who have left. As Agilent Technologies'
director of global talent states, "We want to be able to welcome
back folks who have left and expanded their skills."13
The Internet Web-Page Recruiting
14. Many companies are using their own Web sites to solicit
applicants for sales positions. Microsoft's Web site receives
over 500 resumes per week. Eli Lilly is another firm that uses
its Web site to recruit candidates. Johnson & Johnson
distributes a CD-ROM at job fairs that links directly to the
company's career Web site, where candidates can learn about
job openings and submit their resumes.14 The most positive
aspect of Web-based recruiting is that the cost of obtaining
these resumes is very small. Also, voluntary applicants usually
know something about the firm and have shown some initiative
by submitting their resumes. However, the company does bear a
significant cost in that it must establish a process for sorting
through the large numbers of applicants to find those who
qualify for the position.
Internet Recruiting Sites
Many companies are using Internet recruiting sites to fill sales
positions. The largest such site is Monster.com, a nonprofit
recruitment and human resources database that posts job listings
from companies such as Sprint, Sony, and Wells Fargo, to name
just a few. More than 1,600 postings are for sales or marketing
positions. Monster.com also contains up to 24,000
Your task is to develop a case study about some aspect of
organizational life, this might be a problem or some change
issue. You should probably focus on an issue or a problem or
something about change in the organization, but you can focus
more broadly than that.
NOTE: Do NOT include any proprietary or confidential
information or names of people or the organization if it could be
harmful to you, others or the organization. Do let me know if it
is a fictitious organization or a Real organization with the
names changed to protect the organization.
15. It is very important that you follow the format very carefully. I
will take points off for failing to follow the directions. Do each
section separately and turn it in separately.
The parts are:
Part 1A: Describe the Organization (5%)
Around a page in length, certainly not much more.
Part 1B: Describe the Situation you will analyze in the case
study (5%)
Around a page in length, certainly not much more.
Part 2: Situational Analysis (30%)
Use the Matrix, and then write a half a page to a page on each
of the 2 to 4 areas you will focus on.
Part 3: Recommendation (10%)
A one or two pages at most.
NOTE: all page descriptions are approximate and are 12 pt font
double spaced
Part 1A: Describe the Organization (5%)
Briefly describe the organization. NOTE: here is where you
state if it is real or fictitious. This description is likely to be 1
to 2 pages in length. You should also include an organizational
chart.
Format for Part 1A:
16. ORGANIZATIONAL NAME: You can change the name to
protect confidentiality
REAL OR FICTITIOUS: Just let me know if it is a real
organization of one that you have made up.
DESCRIPTION: A paragraph or two or three
ORG CHART: If one is not available, create it.
ADDITIONAL NOTES (optional):
Part 1B: Describe the Situation you will analyze in the case
study (5%)
Describe the issue or situation that you wish to deal with in the
case study.
You can and should bring relevant information in from Part 1A
if it helps you to be clear. Do NOT make me go back and forth
hunting for something. The online submissions do not make
that easy.
You should pretend that you either work for me, or that I have
hired you as a consultant on this issue.
After describing the issue, try to indicate what you think the
initial or perceived problem is and if you know it, the real
problem or the root cause.
Also briefly say what your initial approach might look like.
NOTE: all of this is in one document that you upload per the
instructions.
17. Format for Part 1B:
ISSUE OR SITUATION: you can do this in 1 to 3 pages
PERCEIVED PROBLEM: describe what you think the problem
or issue is. This might be what the organizational members
think the problem or issue is. You might change your mind
later. This should be brief, no longer than 1 page, maybe only a
short paragraph or a few bullets.
REAL PROBLEM: (optional) if you think you know what the
real problem is state it here, no longer than 1 page, maybe only
a short paragraph or a few bullets.
INITIAL APPROACH: describe how you think you might
proceed and why. This will be brief, 1, maybe 2 pages.
NOTE: all of this is in one document that you upload per the
instructions.
Part 2: Situational Analysis (20%)
Here is where you analyze the situation. You are not making
recommendations yet. You are trying to delve deeper into the
problem.
You might try to do a matrix analysis first to identify some
focal areas. A matrix analysis It is in both excel and word
format. You simply need to fill in the cells. Entries into a cell
might be a sentence or two, or they might be as long as a
paragraph or two. After doing the matrix analysis, pull 2 or 3
main issues out and describe them in more detail.
The matrix has four columns. The four columns correspond to
the four frames from Bolman & Deal
The matrix has as many rows as you would like. The rows
18. correspond to issues. Come up with 3 to 6 issues.
Then you fill in some of the cells, but certainly not all of them.
You write something in to a cell anytime that you feel there
might be an important interaction. Here is an example.
Issues
Structural Frame
Cultural Frame
Political Frame
Human Resource Frame
Morale
Morale seems low, people are discouraged
There seems to be a lack of alignment between what people
need and what the organization needs
Resources
There don’t seem to be enough resources to go around. People
are often fighting over what they need to do their job.
Strategic Direction
There is NOT a written strategic direction
People seem confused about what they are to do
People don’t know how their job fits into where the company is
going.
19. You then use the more significant cells to elaborate on in your
analysis.
You should only do a more detailed analysis on 2 to 4 of the
cells. Each of these more detailed analysis should be one half
to one page in length. Go into details, tear it apart.
Format for Part 2:
MATRIX: use the template. Paste it into your detailed
analysis.
Issues
Structural Frame
Cultural Frame
Political Frame
Human Resource Frame
20. DETAILED ANALYIS: do this in word and then save as a PDF
if you want.
Part 3: Recommendation (10%)
Describe what you think should be done, why, the end results,
and a brief description of first steps and your plan.
Format for Part 3:
WHAT SHOULD BE DONE: 1-2 pages
WHY: 1-2 pages
21. END RESULTS: less than a page:
FIRST STEPS & THE PLAN: less than a page, in outline form
NOTE: I do not care about numbers and roman numerals in the
outline; I would consider how I have described this assignment
for you an outline form.
NOTE: all of Part 3 is in one document that you upload per the
instructions.
FINAL THOUGHTS
Remember to work hard, have fun and be brilliant.
NOW PLAYING:
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Effective Team Selling
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Home > The ten rules of effective team selling, By Allan Boress
The ten rules of effective team selling, By Allan Boress
22. by AccountingWeb on Sep 30 2007 printer friendly
1
As a sales and marketing consultant, I strongly recommend
"team selling." It is a very
powerful tool - when orchestrated correctly. Unfortunately,
more often than not, team
selling can backfire and cause sales to be lost, rather than won.
The Advantages of Team Selling
There are several vital advantages of working as a team when
attempting to bring in a
new customer or client or to sell additional business to a
customer:
•
Psychological Support
Don't laugh - this is the most important benefit of going in as a
team.
It's a lot easier to approach the selling situation in
tandem, rather than alone.
It eases the fears of the unknown and of rejection.
There is less chance of feeling overwhelmed or
double teamed in the sales interview.
Working as a team also allows one to share and
compound the joy of victory with a comrade in arms,
and ease the defeat by shouldering it with someone
else.
23. •
"Two Heads Are..."
Having two people on a sales call increases the
chances of asking the important questions that need
to be asked to draw the prospective customer's
needs out.
•
Powerful Learning Opportunity
Team selling allows the members to re hash the
sales interview afterwards and discover what
worked and didn't work for future reference.
The ten rules of effective team selling, By Allan Boress
•
Introduces the Players
Bringing with the key people who would interact with the future
client can be a powerful
sales tool. If the customer likes the people she will be working
with, a good portion of the
sale is already made.
•
Available Expertise
By having the right team members on the sales call, questions
raised by the prospective
client can be answered intelligently by experts.
The Dangers of Team Selling
24. There are several hazards of team selling that one must be
aware of to avoid losing
business that often overshadow the advantages and result in lost
sales and bad
impressions.
•
Confusion and Loss of Credibility
How do you think prospective customers feel when they see the
people selling them step
over each other's sentences?
Ever have someone contradict you in front of a customer or
client?
Salespeople and professionals must be perceived as effective
and organized. A confusing
sales call always leads to lost business opportunities.
•
Overwhelm
Pretend you're the buyer. How would you feel if a company
showed up with 19 people on
a sales call?
Don't laugh; it's a true story.
Very often companies think the more, the merrier, applies to
selling.
Wrong! Don't do anything to create fear or overwhelm on the
buyers' side of the table.
25. The Rules of Team Selling:
In order to work effectively and create the desired result,
certain guidelines of team selling
need to be followed:
Rule #1: Select Team Members Carefully: Make sure there is a
good chemistry
amongst those going on the sales call. Don't bring with people
who don't like each other.
This lack of chemistry is unspoken and is always perceived by
the prospective customer.
The ten rules of effective team selling, By Allan Boress
Rule #2: There must be an "Orchestrator": Someone should be
the lead person on the
interview. This person maintains order and controls the
meeting, asks the majority of the
questions and directs the customer's inquiries to the proper
person for the best possible
answers.
Rule #3: Stage a "Pre Briefing": There always must be a pre-
meeting briefing to discuss
the agenda for the meeting and develop the correct plan of
action.
Rule #4: Hold a "De Briefing": Discuss what worked and didn't
work, as well as the
appropriate follow up by selected team members.
Rule #5: Prepare Questions: Every team member should prepare
three questions that
26. are brought to the pre-briefing. At that time the most vital
questions can be sorted into the
agenda.
Rule #6: Keep It To A Minimum: Only bring with those players
who are absolutely
necessary. Remember "Malthus' Rule of Team Selling: As one
increases the number of
people on a sales call arithmetically, the potentiality for
problems increases geometrically!"
Rule #7: Answer Questions Succinctly: All too often sales
interviews involving teams
turn into "educational seminars" that not only can bore the
prospective customers silly, but
fail to allow enough time to get important concerns of yours
answered by them.
Rule #8: Be Flexible As To Your Agenda: You may think the
meeting should go one
way, but the customer has another agenda in mind. Be adaptable
enough to allow them to
get their needs met and they will feel better about you as a
provider of services.
Rule #9: Team Members Must Be On The Same Wavelength:
Make sure everyone
involved knows not to contradict other team members, or to step
on their sentences.
There must also be enough "space" for the client to air their
concerns. Everyone must
share the same goals going into the meeting.
Rule #10: Sell Something! Be committed to selling some piece
of business every time
you go out as a team, even if it is a sample order or a small
27. study about a potential
problem. Make your investment of time and effort pay off by
getting your foot in the door
for more business somehow.
Allan Boress, CPA, CFE is the published author of 11 books on
marketing and selling
professional services, including a best-seller, The “I-Hate-
Selling” Book now in its seventh
printing and published in 7 languages. He has twice been named
one of the Top 100
People in the Accounting Profession. He has trained over
200,000 people in the art of
selling and personal marketing worldwide. Visit
www.allanboress.com [4] for all sorts of
articles and ideas. E-mail [email protected] [5]
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The ten rules of effective team selling, By Allan Boress
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The ten rules of effective team selling, By Allan Boress