|
List of key results Key results should be of increasing difficulty, the first being the easiest to achieve and the last being the most difficult and serving as milestones that get your team closer to the goal. Three is the number of key results to be achieved but you can use any number as per your requirement. You can set up a variety of them in Sales which means they are a flexible tool for monitoring and improving your team's performance. For example, your sales team might have a goal of increasing transaction revenue with European customers within three months. A broader and harder-to-measure version is improving revenue from transactions with European customers.
Key results that could help achieve this goal could be implementing a new sales representative training program targeting European prospects with a minimum level of difficulty. Posting on the company website Email Marketing List new testimonials or positive reviews from existing European customers. The average level of difficulty is about 10% per year of contract value. USD’s New European Accounts Are Most Difficult to Close Deals The benefits for sales leaders and teams directly tie company-wide performance to smaller team and individual goals to day sales goals such as hitting quotas without losing sight of the broader goals of the team or company. In a small global survey of adopters, it was found that respondents’ top three goals for using the system were to align the organization’s vision and strategy to achieve transparency and establish accountability.
Approximately 10% of respondents said it helped them achieve their intended positive impact. Not only gives sales reps a greater sense of purpose, but also enables sales managers to provide clear direction to each team and salesperson to increase productivity. Track team and individual progress to identify top performers and reps who need additional support. Identify skill gaps and Develop opportunities to increase your team’s effectiveness Improve resource allocation to streamline the sales process and reduce customer acquisition costs Demonstrate and prove your team’s effectiveness to organizational leaders Recommended Reading Common Sales Terms All Salespeople and Marketers Should Know Objectives and What They Are The distinction is sometimes mentioned or even confused with goals and key performance indicators but each term has its own meaning.
|
|