Bosch Pharma is one of the top pharmaceutical companies in Pakistan that was founded in 1971. It has grown significantly and is now worth approximately 7 billion with state-of-the-art technology. Management is highly involved in sales and sees it as the most important department. Bosch Pharma evaluates sales representatives frequently and provides various rewards and benefits based on performance including commissions, promotions, and incentives. While Bosch Pharma excels in many areas of sales management, opportunities for improvement include enhancing hiring practices to select the best candidates and implementing more formal training programs.
Sales force motivation Designing Territories and Allocating Sales EffortsRavikant Sharma
Sales force motivation Designing Territories and Allocating Sales Efforts ALONG WITH R] factors influencing sales force and how to design sales terriotories
Sales force motivation Designing Territories and Allocating Sales EffortsRavikant Sharma
Sales force motivation Designing Territories and Allocating Sales Efforts ALONG WITH R] factors influencing sales force and how to design sales terriotories
Sales Management Training Good sales people get promoted to be good sales managers. Now, each of the promoted sales person need think strategy, manage the teams and also replicate their success with the teams they manage. The agenda of the two day Sales Management Training
In this file, you can ref top materials for sales executive position such as sales executive key duties/responsibilities, sales executive qualifications, sales forms, sales job search materials…
Sales Management Training Good sales people get promoted to be good sales managers. Now, each of the promoted sales person need think strategy, manage the teams and also replicate their success with the teams they manage. The agenda of the two day Sales Management Training
In this file, you can ref top materials for sales executive position such as sales executive key duties/responsibilities, sales executive qualifications, sales forms, sales job search materials…
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Project of selling and sales management of MagazineDurgadatta Dash
Includes all the phases of sales along with sales pitch, sales force evaluation, sales forecasting, sales quota and budgeting and territory design along with the organizational structure.
Managing The Sales Force - By Dr. Karpagam Director – Academics, ISBR Busines...ISBR Business School
Managing the sales force -
>Effective Recruiting
>Selecting and training the sales force
>Time and territory Management
>Sales territories and sales quotas
>Compensating sales force
>Motivating the sales force
>Controlling the sales force
>Evaluating the sales force
As a product leader, you have the responsibility to plan strategically for your company to grow its customer base and revenue. Thanks to years of other people growing companies, there are ten standard playbooks for how to accelerate your company’s trajectory. Simply because they are standard doesn’t mean that you can’t execute them in your own special snowflake way, but it’s relatively hard to reinvent the wheel.
The list below is designed for leaders who are thinking about what the next phase of their company should be so that you can make sure you’ve entertained all the options. It’s very easy to think of one path and fall in love with it without exploring alternative routes. You may have a little John Frost (author who wrote two roads diverged in a wood poem) in you, and it’s worth exploring the roads less taken, it might just make all the difference.
Each of the 16 options, can be used to accomplish at least one of the three primary business objectives:
Add New Logos (growing your total addressable market or serviceable one)
Improve Retention (increasing lifetime value or money per logo)
Decrease Costs (reducing customer acquisition cost or operating expenses)
It's important to note that for each goal, there are many strategies which can assist in accomplishing it. Unfortunately, not all strategies are correct for each company. Therefore, please see the attached video powerpoint deck which outlines tips for how to make that strategy successful and the conditions when it is a favorable option. If you manage a portfolio of products, different options will be applicable to each one depending on the current situation it is facing.
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Hi! I’m Tami, the founder of The Product Leader Coach where I work with product leaders and teams to realize their potential by focusing on their strengths.
If you enjoyed this post, I am available for product leadership coaching or team training. Learn more about my services and upcoming children’s book at tamireiss.com
Ten Slides in Ten Minutes - Thinking about Sales OperationsBill Graham CP.APMP
Without a central (and consolidated) Sales Operations function a sales organisation is heading for disaster. This slide deck presents a few thought on the elements of the Sales Operations function
1. SALES MANAGEMENT
GROUP MEMBERS:
RAMEEZ AKRAM
MUHAMMAD NOMAN
MUHAMMAD BILAL
SAAD MUNAMI
KHUWAJA SUBHAN
MUHAMMAD FAROOQ
AMNA ASAD
SYEDA WAJEHA
KHUWAJA WAHAJ
Course facilitator :
SIR: ASGHER REZA
BOSCH
PHAMACEUTICALS
2. Introduction:
• Founded in 1971 under the name of MIMI CURE ASSOCIATES
• Initial business is Supply of Raw material (chemicals)
• In 1994 it become “BOSCH PHARMA”
• Bosch is one of the fastest growing national pharmaceuticals
company
• Bosch Pharma’s worth is approx.7 billion’s company
• Bosch Pharma ranked in top 10 pharmaceutical companies
• It is the only National Company who provides quality medicine
as Multinationals offers
• All products of Bosch Pharma are manufactured in Pakistan
• Bosch Pharma having State of the art technology equipment
even multinational doesn't have
• Their competitive advantage is affordable price of Bosch
Pharma’s product.
5. Management’s involvement:
Salesintheeyeofmanagement:
• Management are highly involved in every department of
the firm
• Specially consider to sales department
“If there are no sales there is nothing. Department of sales is
very important department of the organization.”
6. Organizational Communication:
• Communication is a two way process in Bosch Pharma
Style Of Leadership:
• DEMOCRATIC STYLE of leadership
• Customize treatment with subordinates of Bosch Pharma
Marketing vs. Sales Conflicts:
• sales and marketing is the same department
9. Ceremonies:
• Annual meetings and conferences
• Annual sale conference
Stories:
• Bosch Pharma doesn't believe on stories
• Look for the future
Symbol:
10. Selling Methodology:
• Methodology for B2C: Products are sold through a proper distribution system
collect orders and forwarded to the company
• Methodology is for B2B: Individuals and groups are hired
Language:
• Semi-formal language
• Formal Dressing specially sales representative
13. Quota Setting:
• Quota given according to the potential in the market and conditions in
market.
• well-established areas are given high target
• Critical areas like liyari and old city areas are given relaxation
Fixed Salary:
• Salaries are fixed
• Slightly higher then the industry trend
• Profit sharing
Commission:
• Different benefits are offered
• Daily allowance and petrol charges
• Increments
• Product selling commission
14. Trips:
• Formal trips are offered to doctors and customers
• No Holiday trips are offered to company’s employee
• Its not possible for the company to send all the staff
Fringe Benefits:
• Insurance to all the employees from Qatar Takaful
• Deal on Case to case basis, not specifically identified benefits are offered
17. Hiring Criteria:
• Based on qualification and experience
• They prefer to offer job to a employee who needs a job(on humanity
grounds)
Orientation to the Company:
• company conducts orientation session for new comers
• Its almost a 2 months session
On Job Training (OJT):
• Training and development is always on progress in the Bosch Pharma
• company did not have formal training department
• Managers personally train the new employees
18. Job Enrichment:
• Bosch Pharma keeps its employees updated and conducts meetings on
regular basis
• Employees have authority to make decisions for smooth day to day
operations
Support for education:
• Bosch Pharma supports for the education
• Several managers continue there MBA with job
• Company provide flexible timings and exams leaves
21. Frequency of evaluation:
• Bosch Pharma evaluates sales person on daily basis
• Daily sales reports are summed up monthly
• Commissions are given on quarterly basis
• Promotions and increments are given on yearly basis in annual meetings
Criteria Of Evaluation:
• company give 6 months to achieve the target of sales
• because of external issues employees did not achieve the target company
supports the employees
Methodology:
• The company use different parameters qualitative and quantitative
• The company does in-depth analysis of the organization
22. Feedback on evaluation results:
• After evaluating results of sales team they are given rewards and benefits
according to their performance and targets.
Rewards:
• Rewards are given in the shape of increments
• promotions cash benefits
• other benefit which employ want according to their needs.
25. Sales Management
Parameters
Sub Parameters Score
Leadership Vision
Management’s involvement 4 16
Sales in the eye of management 4
Organizational Communication 4
Style of leadership 4
Marketing vs. Sales Conflicts 0
Sales Culture
Ceremonies 3.5 13
Stories 0
Symbols 3
Selling methodology 3.5
Language 3
Compensation
Quota Setting 3 15
Fixed Salary 4
Commissions and its delivery to employee 4
Trips 0
Fringe benefits 4
Training and
Development
Hiring criteria 3 17.5
Orientation to company 3
Ongoing training (Functional and Soft skills) 4
Job enrichment 3.5
Support for education 4
Performance Evaluation
Frequency of evaluation 4 18
Criteria of evaluation 3.5
Methodology 3.5
Feedback on evaluation results 3.5
Rewards 3.5
27. Conclusion:
• Top of the pharmaceuticals in Pakistan
• Advance technology is an advantage for bosch
• As national company they have excellence in quality products
• Bosch Pharma needs to improve its hiring criteria so that it can appoint
right person for the job
• Bosch Pharma should work on its proper training for its new and existing
employees so that they should be aware of what is happening and what yet
to come