1 of 5: Top 5 Mistakes Collecting SPM / EIM Project Requirements You need to be in control and organized. And if you’ve ever tried to walk a buffalo, you can attest to the fact that you are not in control of that situation. In this metaphor, the buffalo is a requirements meeting without an [...]
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Callidus and IncentOne describe a move by companies to use more non-cash based incentives mixed in with traditional cash based rewards in a jointly released article earlier this week. The headline indicates Challenging Economic Times as a driver. We did not hear much about this strategy from the customers we spoke to during our recent [...]
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In fact, all of these items are likely to affect the performance of your sales force. A recent Scientific American article by Wray Herbert describes a concept related to our brains’ processing. Herbert discusses the possibility that how a task is described may affect our willingness to do the task and, if we decide to [...]
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Are you part of an active user community for your SPM software? If not, you should be. The benefits can be immense. Some of things you might gain include: • a different perspective on software function ability • an understanding of how other companies have addressed issues similar to those that you may be facing [...]
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As humans, and if you’re reading this you most certainly are a human, we have a biological need to name everything around us. Whether it’s insects, rocks, cloud formations or psychological disorders… it needs to have a name. In fact, upon encountering a new object such as a star, the first thing we humans do [...]
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The economy is in a state we haven’t seen for a very long time. Every segment is affected; every number is down. Imports, exports, manufacturing, retail, finance, and housing are all feeling the pain. This probably isn’t the greatest time to be a sales person on a commission plan. People and businesses just aren’t buying. [...]
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Last week a colleague of mine was looking for a way to edit a large XML file; what he needed was to change the value of numbers appearing within a particular tag throughout the file by adding a 0.04 to the existing value. This was required to effect a rate table change within his client’s [...]
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Some time ago I read an article by Inc. columnist, Norm Brodsky, discussing unique indicators or as he dubbed them, magic numbers. Magic numbers are described as particular statistics discovered by business operators to have special correlations that can be used to predict future business performance. Examples in the article include a restaurateur who predicts [...]
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Analytics can save the world. More specifically it can revolutionize the way you do business, which could at least save your world. Analytics is the Holy Grail of Sales Performance Management. If you work with SPM you already know that because the term “analytics” has been a buzzword within SPM solutions since I can remember. [...]
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We’ve all the heard of the Law of Unintended Consequences, that is that actions of people always have effects that are unanticipated or unintended. Although this term is typically used to describe government, I’m sure most of us have experienced it. Those of us in the realm of sales compensation know all about this Law. [...]
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