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Research and Markets: Sales Performance Management: Getting Everyone on the Same Page


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© Business Wire 2011
2011-03-04 15:37:35 -

Research and Markets ( www.researchandmarkets.com/research/9405de/sales_performance : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ) has announced the addition of the " Sales Performance Management: Getting Everyone on the Same Page : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. " report to their offering.

While many companies are seeing a recovery from the economic downturn, the distribution and pace of forward progress are not necessarily being enjoyed across the board by all companies, industries or geographies.

Firms are clearly seeking to capitalize on every competitive edge available to them, and the human capital of their sales team represents one of the most significant opportunities to grow revenue and market share by hitting quota more consistently.

While the classic B2B sales organization may traditionally be identified with an every man for himself mentality

among reps, and even Darwinian managerial techniques only the fittest survive is there perhaps a more user-friendly way to hit sales targets year after year? Are there ways to link lagging indicators such as turnover to leading performance metrics such as revenue?

Best-in-Class Performance

In May and June 2010, Aberdeen surveyed 531 end-user organizations to learn about their ability to manage their sales teams effectively.
Aberdeen used the following three key performance criteria to distinguish the sales teams within Best-in-Class companies.



- An average 106% current overall team attainment of quota, compared to 76% for Industry Average and 22% among Laggard companies
- 5.3% year-over-year increase in average deal size or contract value, compared to an 0.2% increase and 2.9% decrease among Industry Average and Laggard companies, respectively
- An average 3.5% year-over-year improvement of (decrease in) sales cycle- the time from sales-accepted lead to a closed deal - compared to a 2.2% decline of (increase in) sales cycle for the Industry Average and a 7.1% decline for Laggards


Reasons to purchase.

- Boost Quota Attainment
- Grow Deal Sizes
- Cut Sales Cycle

Key Topics Covered:

Executive Summary



- Best-in-Class Performance
- Competitive Maturity Assessment
- Required Actions


Chapter One: Benchmarking the Best-in-Class


- Issues at Hand
- The Maturity Class Framework
- Best-in-Class Business Landscape
- The Best-in-Class PACE Model
- Best-in-Class Strategies


Chapter Two: Benchmarking Requirements for Success



- Competitive Assessment
- Capabilities and Enablers


Chapter Three: Required Actions



- Laggard Steps to Success
- Industry Average Steps to Success
- Best-in-Class Steps to Success


For more information visit www.researchandmarkets.com/research/9405de/sales_performance : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..

" title="http://cts.businesswire.com/ct/CT?id=bwnews&sty=20110304005582r1&sid=16929&distro=ftp\"/>" target="_blank">cts.businesswire.com/ct/CT?id=bwnews&sty=20110304005582r1&am ..

Research and MarketsLaura Wood, Senior Manager press@researchandmarkets.com : mailto:press@researchandmarkets.com U.S.

Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716


Author:
Hossam Abdel-Kader
e-mail
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