Leading the Effective Sales Force - Executive Education

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Marketing

Programmes 2011/2012

Leading the

Effective

Sales Force

Executive Education

Expand your horizon. Make an impact.

Leading the Effective Sales Force 2011/2012

Leading the Effective

Sales Force

When people and resources are both scarce and expensive, every investment in your sales force must count

For any organisation, the sales force is a major growth engine and a critical source of market feedback. It is also a substantial investment and one that can rapidly grow out of control.

Stimulating the sales force while simultaneously controlling costs is a necessary but elusive balance.

This five-day Leading the Effective Sales

Force programme is designed to help you optimise the performance of your sales force and learn how to cut costs while raising sales. Discover how, by analysing your sales calls, realigning territories, shifting product or market emphases, reallocating salesperson time or adjusting sales force size, you can generate maximum growth from your sales force. At the same time, discover how to motivate sales people and third-party distribution channels through compensation systems and organisational structures.

This is a joint INSEAD-Wharton marketing programme. It takes place in Europe

(Fontainebleau), Asia (Singapore) and in the

United States (Philadelphia).

In each of these locations, the programme introduces tools, concepts, methods, and paradigms derived from faculty research that can be adapted to the needs of individual companies. Through case studies, group discussions, problem-solving exercises, computer-aided workshops and interactive case presentations, you will explore various perspectives on what does and does not work

– and why. As part of the programme, you will also receive software developed by programme director, Professor Leonard Lodish, to help analyse sales force deployment decisions.

Guided evening workshops provide hands-on experience in tailoring this decision support software to your own sales force challenges.

Key benefits

— Making the sales force a key source of sustainable competitive advantage for the organisation

— Comprehensive approaches to motivate and compensate the sales force

— Managing a dynamic sales force in the face of increasing product, consumer and market complexity

Faculty

Programme Directors

V. (Paddy) Padmanabhan

Professor of Marketing, INSEAD

The John H. Loudon Chaired Professor of

International Management

Programme Director Fontainebleau and

Singapore sessions

Leonard Lodish

Professor of Marketing, Wharton

Samuel R. Harrell Professor

Vice Dean, Programme for Social Impact

Leader and Co-founder, Global Consulting

Practicum

Programme Director Philadelphia sessions

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Leading the Effective Sales Force 2011/2012

Programme content

The content of the programme is influenced by original research in sales and marketing carried out at INSEAD and Wharton.

Management and strategy of key account sales efforts

— Why do key account initiatives get into trouble?

— When does a key account strategy make sense?

— How to successfully design, execute and manage a key account initiative?

Compensation strategies

— The power and perils of compensation as a management tool

— Fundamental building blocks for design of sales force compensation

— The relationship between sales force compensation and sales force management

Deployment and allocation of sales force resources

— The generic problems in deployment and allocation of sales force resources

— Identifying the relationship between resources and returns and then optimising

— Interactive exercise in customising the deployment and allocation software to your business contexts

Sales force effectiveness

— The drivers of superior performance of the sales force

— How to identify the right hire?

— What makes one salesperson more efficient than the other?

— How to influence salesperson effectiveness?

Realising judgmental biases and making better business decisions

— The unconscious heuristics and biases that impact managerial judgement and decision-making

— Remedies for correction of biases in decision-making

— How to improve decision-making – when is a group better than the manager?

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Sales force control systems

— Spectrum of sales force control systems

— How do you know if your control system is off-balance?

— Finding the right sales force control system for you

Tackling emerging markets

— The sales force challenges in emerging economies

— The organisational and managerial challenges for leading sales forces in emerging economies

— Best practice

Strategy and the sales force executive

— Towards innovative business strategies

Each morning begins with a debrief of the previous day’s learnings, where participants review, reflect on and share their key takeaways and insights. The focus is on identifying the one or two learning points which participants would like to implement on returning to their work environment. The collective experience of the class enriches this discussion by highlighting the challenges involved in execution and the returns from successful implementation.

Participant profile

The programme will particularly benefit managers who are responsible for business development and planning in either local or international markets. Participants typically spend over 50% of their time managing sales force issues and have held the following positions: General manager, Head of strategy,

Marketing director, Business development manager, Regional director, Human resources director, Commercial director.

Because the sales function tends to be an isolated one, we encourage companies to send multiple participants from different functions to the same session. The Leading the Effective

Sales Force programme is a way to build crossfunctional ties and facilitate understanding which will lead to better sales results.

Leading the Effective Sales Force 2011/2012

Some of our past participants have included

Senior Area Sales Manager

Estée Lauder

Australia

Regional Sales Manager

Riche Monde

Malaysia

Account Manager

Ericsson

France

Director Oncology

Roche

The Netherlands

President

Telemikro

Brazil

Country Manager

Interbrands

Jordan

Regional Sales Director

Crane Co.

China

Sales Manager

Al-Mansour Automotive

Egypt

Senior Vice President / Head of Sales DHL

Freight

DHL

Germany

Director of Sales

Animex

Poland

Marketing Director

Mountain Dragon International

Hong Kong

Global Forecasting Manager

Novo Nordisk

Denmark

Sales Manager

Derayah Financial

Saudi Arabia

Vice President Sales

Airbus Military

Spain

Director Next Generation Products

Philip Morris

Switzerland

Sales Director

Siemens

Thailand

CEO

Wulff Group

Finland

International Sales Manager

Tilda

The United Kingdom

President / CEO

Dräger Safety

The United States

National Sales Manager

Dutch Lady

Vietnam

“It helped me to realise that there is so much science behind sales. I learned how to use tools and systems in order to better understand, motivate, deploy and compensate my sales force.”

Regional Director – Sales Key Accounts

Franke Foodservice Systems

Philippines

“Very often companies take decisions about the sales force which are not motivated or rational; this course will give you the insight to become an actor of change.”

Head of Regional Marketing Asia & Latin

America

Bracco Suisse

Switzerland

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Leading the Effective Sales Force 2011/2012 04

Region

Africa

Asia

Benelux

Eastern Europe

Middle East

Northern America

Northern Europe

Oceania Pacific

Southern America

Southern Europe

Western Europe

2%

25%

8%

3%

6%

4%

14%

2%

2%

11%

23%

Industry

Consumer goods

Electrical &

Engineering

Finance & Banking

Heavy industry

Natural resources

Pharmaceuticals

& Chemicals

Services

Telecommunications

Transport

Other

12%

15%

6%

8%

8%

11%

20%

9%

4%

7%

Function

Administration &

Human Resources

Business Dev. &

Corporate Plan.

2%

3%

Finance 3%

General Management 13%

Manufacturing &

Operations

Sales & Marketing

Other

3%

70%

6%

Leading the Effective Sales Force 2011/2012

Campus Information

As one of the largest of the world’s leading business schools – and certainly the most international – INSEAD is well placed to make an impact on your business. INSEAD is unique in having a three-campus structure – in Europe,

Asia and Abu Dhabi. The campuses are equally diverse and all have world-class faculty in residence. Executive programmes run at one, two or even across all three of our main locations. Our Customised Programmes can also be held anywhere in the world.

Europe Campus

Fontainebleau, the home of INSEAD’s Europe

Campus, is spread across 8 hectares. Nestled in the vast forest of Fontainebleau, the modern architecture of the campus blends harmoniously with the green and leafy surroundings. Facilities are of the highest standard and include

28 lecture theatres, 2 restaurants, a bar, a bookshop, extensive library resources and a fully equipped gym.

Asia Campus

The Asia Campus is situated in the greenery of the Buona Vista area, the country’s ‘knowledge hub’, and is just 25 minutes from the airport and 10 minutes from the financial district.

It occupies a 2.8-hectare site and has 7 amphitheatres with a total capacity of 500 and an 85-room residence.

Abu Dhabi Campus

Abu Dhabi is the home of INSEAD’s third campus, which is just 25 minutes from the airport and 10 minutes from the ‘Corniche’. This new, 12-storey, 6,000 square-metre building, purposely designed for Executive Education, presents a whole new world of possibilities for management education in the Middle East.

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Europe Campus

Leading the Effective Sales Force 2011/2012

Asia Campus

06

Abu Dhabi Campus

Leading the Effective Sales Force 2011/2012

Practical information

Calendar 2011/2012

Programme

Leading the

Effective

Sales Force

Date

30 January–

3 February 2012

11–15 June 2012

22–26 October 2012

Location Length Fee*

Philadelphia

Fontainebleau

Singapore

Level

5 days US$ 9,250

€7,800

€7,800

New General Manager

Senior Functional Manager

Functional Manager

Application procedure

Places on the programmes are confirmed on a first-come, first-served basis, taking into consideration the applicant’s level, objectives and the diversity of the classes.

We recommend that you submit your completed application form as early as possible, preferably 6 weeks prior to programme commencement. The Admissions Committee will review your application and advise you on the outcome as soon as possible. Please do not hesitate to contact us if you have any questions about which programme may best suit your objectives or for any additional information.

Note: all our Open-enrolment Programmes are taught in

English and participants should be able to exchange complex views, listen and learn through the medium of English.

Tuition fees*

The programme fee covers tuition, course materials and lunches on working days as well as the closing dinners. It does not include travel, accommodation and other incidentals.

Participants will have to settle accommodation expenses and other incidentals before the end of the programme.

*Fee subject to change. For programmes delivered in France,

VAT (19.6%) to be added for companies based in France, or for

European companies where no VAT number is supplied. For programmes delivered in Singapore, GST (7%) to be added for

Singapore-registered companies.

Contact us

For further information on Leading the

Effective Sales Force, contact:

INSEAD Europe Campus

Murielle Picard

Tel: +33 (0)1 60 72 45 27

Fax: +33 (0)1 60 74 55 13

E-mail: LESF_Contact@insead.edu

INSEAD Asia Campus

Mitz Ceriales

Tel: +65 6799 5275

Fax: +65 6799 5299

E-mail: LESF_Contact@insead.edu

Visit our website: http://executive.education.

insead.edu/leading_sales/

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INSEAD Europe Campus

Boulevard de Constance

77305 Fontainebleau Cedex, France

Tel: +33 (0)1 60 72 42 90

Fax: +33 (0)1 60 74 55 13

Email: execed.europe@insead.edu

INSEAD Asia Campus

1 Ayer Rajah Avenue

Singapore 138676

Tel: +65 6799 5288

Fax: +65 6799 5299

Email: execed.asia@insead.edu

INSEAD Abu Dhabi Campus

Muroor Road Street N°4, P.O Box 48049

Abu Dhabi, United Arab Emirates

Tel: +971 2 651 52 00

Fax: +971 2 443 94 61

Email: execed.mena@insead.edu

http://executive.education.insead.edu

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