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CRM A Short History

Back in the mid to late 80's, marketing concepts emerged in response to changes in the marketplace that forced many large companies...

Getting real ROI from CRM Collaboration and Technology

The field of Customer Relationship Management (CRM) is at a crossroads. The promise - while still very much alive - has in too many cases not been...

How to Align Sales Compensation with Corporate Objectives

Sales people are more likely to perform activities which support the corporate objectives when their compensation plans are in alignment

How to Develop an Effective Sales Forecast

The ability to effectively forecast sales can have a significant and positive impact on sales and operations as well as the overall financial health of a corporation.

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Tuesday
Jun162009

Sales Compensation Puzzle (2,000 Pieces, Choking Hazard)

There are a number of Key Elements to Compensation Design. Here is a check list to be sure you are not overlooking any important elements:

 

 

  • Alignment with Objectives
  • Best Practices
  • Commissions
  • Compensation Software
  • Contests and SPIFFs
  • Data Accuracy and Availability
  • Legal Considerations

 

  • MBO/ KSO
  • Plan Design and Policies
  • Plan Documentation
  • Quota Setting
  • Regulations
  • Territories and Channels

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