Abby Roderique Jessica Jennings Madeline Brockley Weston Willis S Background S Arck Systems manufactured & sold enterprise hardware servers S Rob Chatterji, CEO of Arck, decided to acquire Lux Software S Arck’s EVP of Sales, Bryan Mynor would now manage both Lux’s and Arck’s current sales teams as separate entities Problems S Hardware vs. Software approaches to selling S Targeting different decision makers S Differences in sales compensation plans at Arck and Lux S Mynor altered the compensation policies S Existing salespeople quit Mission Statement Arcx’s mission is to deliver innovative and technologically sound hardware/software products in order to satisfy the needs of our customers. We strive to provide the highest quality service and support to remain a top solutions provider within the technology industry. SWOT Analysis Strengths: - - Currently, have knowledgeable and qualified salespeople in both software and hardware industries - Acquisition of Lux’s middleware – increased efficiency - Opportunities: - Weaknesses: Opportunities to recruit new, more qualified salespeople Possibility of hiring people who quit (pre-qualified) Take over a whole new segment of market (software) - Changing company structure and payment plan Merging management styles between Lux and Arck Poor employee retention Threats: - Remaining up to date with the fast paced advancements in technology - Being able to remain a premiere choice for hardware after acquiring Lux Rob Chatterji CEO Organizational Structure Bryan Mynor EVP of Sales ??? VP of Hardware SharonEsteves VP of Software Regional 1 Manager Regional 2 Manager District Manager 1 Regional 3 Manager District Manager 2 5 Software Account Managers (Salespeople) Regional Break-down Job Analysis S Important to Analyze differences between the hardware and software account management roles S What tasks, responsibilities, and environmental influences are involved with each job: S Hardware Analysis S Software Analysis Sales Team Recruitment & Selection Sources: Internal (Employee Referrals) External Job Boards (Monster.com, Indeed.com, Glassdoor.com) LinkedIn Industry Events/Trade Shows Job Description & Requirements Software Account Manager Hardware Account Manager You are required to have a strong consultative sales approach, passion for the IT/tech industry, as you will serve as a trusted adviser for all of your clients. To be successful in this role, you will need to be meticulous in everything that you do. You should also have extensive computer hardware knowledge and be able to explain intricate concepts to non-technical personnel. Job Description & Requirements Continued Software Account Manager Hardware Account Manager Proven record of success in a similar role Proven record of success in a similar role Exceptional closing skills and the ability to capture a high volume of opportunities Knowledge to engage with senior level executives (prospects), with a high degree of professionalism, accuracy and follow-up Flexibility to travel and present to prospective clients in person (up to 30%) Effective organizational and analytical skills Knowledge to engage with senior level executives (prospects), with a high degree of professionalism, accuracy and follow-up Flexibility to travel and present to prospective clients in person (up to 30%) Interview Process Overview 1. Application Screen 2. Phone Screen 3. HR Generalist Interview 4. HR Manager Interview 5. Personality Assessments 6. District Sales Manager/Team Member Interview Interview Process Part 1 Application Screen Embedded into application, must be completed before database will accept Phone Screen Conducted by a general recruiter Basic questions that will gauge the applicant’s skills with the job analysis Interview with Head Recruiter Conducted by recruiting manager In person or over the phone Contains questions that will gain insight on selling ability and essential competencies. Interview Process Part 2 Personality Assessments Two Different Assessments Test motivators, behaviors, mathematical and selling competencies Final Round Interview Conducted by Sales Manager and a sales team member Personal interest and teaming ability questions Offer Offered will be made by HR Manager to selected applicant Once an applicant accepts, they will be debriefed on assessments Sample Interview Questions 1. What is your favorite piece of software? Sell it to me. 2. Tell me about a time when you failed to expectations. 3. What does success mean to you? 4. If you could go back in time and choose another job, what would you choose if you had to? Training S Retained Employees S Analyze the training needs of the retained sales force S One week company orientation S Any changes in policies S Reporting structure changes S New culture Training S Week 1: company and industry orientation S Week 2: team development training • All New hires complete weeks 1 and 2 together S Weeks 3-6: Product and sales training within either hardware or software division S Weeks 7-8: OTJ Training with retained employee • Can also serve as new hire's mentor going forward On-going Training S Yearly conferences & Trade-shows S New-product training as needed S Updated product training S Webinars, classroom training, workbooks/quizzes Training Evaluation S Pre and Post test S To assess the salesperson’s understanding of the products and concepts as well as their ability to use the learned skills S Evaluation Questionnaire S To assess favorability of the program S To discover how to improve training in the future Compensation Plan S Combination plan: base salary + commissions S Software base salary: $55,000 S Hardware base salary: $66,000 S No commissions cap S No accelerators S Commission based on size of discount offered with sale Commissions Table Required Level of Approval Size of Discount Commission Rate No approval required 10% or lower 15% District Manager 11-20% 12% Regional Manager 21-30% 10% Sharon Esteves 31-40% 8% Bryan Mynor 41-50% 6% CEO Robbie Chatterji 50% or above 4% Pay Comparisons Arcx Lux Arck Base salary $55,000 (SW) $66,000 (HW) $32,000 $65,000 Quota $100,000/quarter (SW) $250,000/quarter (HW) $100,000/quarter $1,000,000/yr Sales Commissions Calculated by size of discount offered with sale Base: 4% with Base: 9% accelerators without accelerators Cap None None $6 million in sales per year Employee Benefits S Direct Reimbursement plans (for reasonable spending) S Advanced healthcare options S Life insurance options S 401K Motivating the Sales Force S Bi-annual Sales Competitions S Continue Gold Star incentives and Hawking Club S Salespeople have options for their rewards: • • • Original tropical vacation offered to members of the Hawking Club or Top Guns 4 additional paid vacation days Monetary bonus of equal value to 4 paid vacation days Evaluation S 360-Degree Feedback in Performance Evaluation S Focus on the development and improvement of the sales team S Self-Evaluation S Other Sources • External Customers • Internal Customers • Fellow Sales Team Members • Bryan Mynor Sources S http://www.docstoc.com/docs/38680936/360-Degree- Feedback-Form---PDF S http://www.loc.gov/teachers/tps/images/usa.jpg S http://www.staffing-and-recruiting-essentials.com/Sample- Job-Analysis.html#axzz2RwQcO54h QUESTIONS?