Intermediate to advanced.
None.
Each seminar in the series is designed to be self-contained. However, for mastery of sales team design and management, attending all four seminars is recommended.
Gain insights into the art and science of motivating sales teams. Learn how to not only introduce but also sustain incentive programs that drive motivation, performance, and results within your sales team.
In this module, we delve into the fundamental psychology behind what drives sales teams to succeed. Beginning with an exploration of the intrinsic and extrinsic factors that fuel motivation, this session aims to provide a solid foundation for crafting incentives that resonate deeply with your team members, propelling them toward higher achievement.
We’ll break down the motivational dynamics at play within sales environments, distinguishing between the personal satisfaction derived from achieving goals (intrinsic motivation) and the external rewards that often accompany success (extrinsic motivation). Understanding this balance is crucial for developing a motivational strategy that is both meaningful and effective.
Further, we’ll pivot to the critical subject of performance metrics. The emphasis here will be on the significance of establishing clear, realistic goals that are in harmony with both the aspirations of individual team members and the collective objectives of the team. This discussion will not only cover the methodology for setting these metrics but also explore how they serve as a roadmap for success, guiding the team towards achieving its strategic targets.
Here, we embark on a journey to uncover the myriad ways to motivate and reward your sales team. We’ll explore the vast landscape of incentive options available, from monetary rewards and non-monetary perks to the power of recognition, and determining the most opportune moments to deploy each for maximum effect.
We’ll delve into the nuances of various incentive types, understanding not just their potential benefits but also their ideal application scenarios. Recognizing that what motivates one team member might not stir another, we’ll stress the importance of tailoring incentive programs. This customization ensures that incentives speak directly to the individual motivations and objectives of your team members, fostering a more engaged and driven sales force.
Moreover, this module will bring to light real-world success stories through case studies of incentive programs that have truly moved the needle in terms of sales performance and team morale. These examples will serve not just as inspiration but as practical models for designing your own impactful incentive strategies.
The module begins by outlining a comprehensive roadmap for program implementation. This includes devising clear communication strategies that articulate the benefits and goals of the program, setting realistic timelines for rollout, and establishing expectations. Effective communication is key to ensuring buy-in from your team and a smooth transition to new incentives.
Beyond the initial launch, we’ll explore the vital process of ongoing program management. This encompasses the regular monitoring of the program’s impact on sales performance and team morale. We’ll discuss how to collect and interpret feedback from team members, as well as analyze performance data to gauge the program’s effectiveness. Based on these insights, we’ll cover strategies for making informed adjustments to the program, ensuring it remains aligned with team goals and market conditions.
Anyone responsible for overseeing sales teams will find the seminar invaluable for understanding the psychology behind motivation and performance. They’ll learn strategies for setting and achieving sales targets, improving team morale, and creating cohesive and motivated teams.
With 30 years business leadership experience in Vietnam, Paul has a proven track record of delivering results.
Having launched what is now CBRE Vietnam in 1993, Paul went on to become Managing Director at Cushman & Wakefield then founder and owner of KW Vietnam, the first international franchise of Keller Williams Realty, the world’s #1 real estate agency. He now heads FastSprints Business Management Consulting which he launched in 2022.
At FastSprints, Paul is focused on helping businesses develop their talent, build great teams and scale their operations.
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