More Related Content Similar to Sales Planning like it’s 1999 (20) Sales Planning like it’s 19991. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
Sales planning like it's 1999?
Take the guesswork out of target setting
2. Is your sales
planning stuck
in the '90s?
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
For business-to-business (B2B) sales
leaders, sales planning has not changed
since spreadsheet and database use peaked
in the late 1990s. Yet planning is still — at
its core — based on historical observations
and gut feelings.
3. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
Quotas are still a very big deal.
• Up to 90% of companies in certain
industries employ quota-based
compensation models.
• Quotas inform or control nearly
25% of an organization's total
sales-related spending.
And their use is still widespread.
4. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
Popularity and
importance don't
equal effectiveness.
Accenture Strategy’s research and experience has revealed a major disconnect
between sales planning and company performance.
• We estimate that poor quota setting causes companies to spend 6—10% more
than they should.
• While 63% of sales reps meet or exceed their quotas, their companies achieve,
on average, just 90% of their revenue targets.
5. What’s going on?
• Overpay for under-performance: Sellers are often rewarded for being at the tail
end of a successful team’s conga line. In fact, as much as 20% of sales
attainment can be attributed to lucky sellers who weren’t directly involved in the
deal.
• Create what amounts to a “quota lottery” for their sellers: Sales performance,
as defined today, is highly random due to poor sales planning and inaccurate
target setting.
• Rely on guesswork to set quotas: Guesswork makes quotas worse, not better.
Many Chief Sales Officers (CSOs)
simply find it hard to reject the status
quo. They continue to:
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
6. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
Savvy CSOs are
starting to pave a
new path.
With digital tools and analytics, they are adopting a
more intelligent approach to target setting — one
that drives, not hinders, profitability.
7. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
1
Commit to the fight for more
intelligent quotas, one that sets
quotas by territory and product group,
accurately forecasts market potential,
and matches opportunity with talent.
How can leaders transform the goaling process?
It starts with adjusting their mindsets and agreeing to stop doing things that
impede quota value. We recommend leaders focus on three key actions:
8. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
2
Arm themselves by augmenting their
workforce with digital tools, advanced
analytics and robotics that can put
high-quality data to work.
How can leaders transform the goaling process?
It starts with adjusting their mindsets and agreeing to stop doing things that
impede quota value. We recommend leaders focus on three key actions:
9. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
3
Prepare the troops with a strong
change management program and
phased approach that make the
transition to a new way of working
easier, helping sales reps and managers
see the value for themselves.
How can leaders transform the goaling process?
It starts with adjusting their mindsets and agreeing to stop doing things that
impede quota value. We recommend leaders focus on three key actions:
10. LEARN MORE
about how to join the quota revolution
with our full report:
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
Sales planning like it's 1999?
Take the guesswork out of target setting
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