194x Filetype PPTX File size 0.10 MB Source: cygnalgroup.com
The basic components of the business strategy point to a key role for the sales team’s Strategic Imperatives • List the 3-5 things the entire company must accomplish in the next few years to meet its objectives in the marketplace – examples are… • Develop xx product line to serve yy by zz • Expand sales presence into xx (geographic area) • …industry vertical focus?... • …value proposition?... 2 Template courtesy of THE CYGNAL GROUP | www.cygnalgroup.com The sales team is central to executing the strategy What Sales need to do to help maintain domestic market share • List specific objectives for the sales organization • … • … • … 3 Template courtesy of THE CYGNAL GROUP | www.cygnalgroup.com Key accountabilities of the sales and sales management roles are directly linked to the new incentive plan measures Roles Key Accountabilities Incentive Plan Measures • … • … • … • … 4 Template courtesy of THE CYGNAL GROUP | www.cygnalgroup.com Plan Overview: Details for each component are shown on the following pages Compensation Salary component> component> Weighting <50%> <30%> <20%> Annual <$10,000> <$6,000> <$4,000> Incentive Target Timing Overview Gross Margin Individual goal> Gross Margin for the quarter> Caps quarter> Template courtesy of THE CYGNAL GROUP | www.cygnalgroup.com 5 Role: Component: Total Base + Component> + Component> n Rationale Measurement and calculation … … 6 Template courtesy of THE CYGNAL GROUP | www.cygnalgroup.com
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