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A Sales Leader’s Blueprint for 2014

SBI Growth

You know you need to begin planning for 2014 now. Territory design, quotas and compensation plans. Steve asked us to stress test his 2014 sales plan. Steve told us he was going to build 3 elements into his plan for 2014. Change the compensation plan to incent new logo growth by adding an accelerator.

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Quota Busters

Sales and Marketing Management

Issue Date: 2014-09-01. read more'

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11 Sales Compensation Complaints to Address Before Next Year

SBI Growth

This post is for Sales and HR Leaders planning 2014 Sales Compensation. Knowing these complaints, you can build your 2014 plan to avoid them. Surely something is wrong besides the new incentive compensation. Especially if the number of sales reps hitting quota is usually low. Complaint #1: No complaints!

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4 Sales Ops Lessons from the NFL

SBI Growth

Quotas : Your most important player statistic. Are your quotas attainable and reflective of current performance and market potential? Incentive pay is a lever that must align with strategy. Suppose Rodgers was paid an incentive every time he threw an interception. Realistic Quota Setting. Quotas must be attainable.

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X Factor Compensation Leaders: How to Be Incredible at Incentive Planning (Nuance Communications)

Xactly

Ultimately, the new compensation and incentive plans must successfully motivate the right sales behaviors to achieve goals, all while driving growth. I started using Xactly back in 2014 when my previous company implemented Express, and they needed someone in Finance to help manage the system. How did you get your start?

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Creating the Ideal Performance Culture

SBI Growth

As you plan for 2014, are you investing enough in both? Performance culture is studied in depth in our 2014 Research Tour. Incentive Programs. Does your comp plan incent behaviors that will get you to your number? If a rep is not retiring quarterly quotas within a year, let them go. Hire slow and fire fast.

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How to Assess and Sequence Your Sales Initiatives

SBI Growth

He had been given an aggressive goal for 2014. I completely lost the battle on the 2014 revenue number” he said. “My Let’s incent everyone to sell more new logo business” he said. Incenting new logo business only further frustrated the sales force. Yet everyone had the same quota. The topic was his number.

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