Ravi Basvapattan (111) Steven Sam (150) Uddipta Basu (163) Varun Motwani (169) Company Overview On Time Package Delivery Operates in the US across 4 Districts New York, Boston, Washington DC, & Philadelphia Niche services focusing on express intra-city package delivery Sales of just more than $50 million Major clients included Law Firms & Consultants OTPDs annual growth is only 4%, even though average industry average growth is 8% SVP Wayne Jacobson tries to find out issues which stalls the growth Analysis & Findings Lack of proper communication within the system Lack of knowledge about the companys products and services Lack of knowledge about competitors products and services Lack of proper training for salesforce Lack of proper customer feedback Personal & Family issues faced by employees preventing them from performing
Recommendations & Solutions Communication Daily status calls to be made by Sales representatives to KAMs KAMs to send daily reports to District Manager with segregated data on each product/service provided by the company District Manager to analyze reports, and report to VP on a bi-weekly basis KAMs to critically analyze issues faced by salespeople, and report to District Managers VP to have monthly meetings with DMs Recommendations & Solutions Training & Development Immediate training sessions to be conducted for all employees pertaining to new products and services introduced, & competitor products and pricing Half yearly training & evaluation (tests) to be conducted for salesforce mandatory for all Hire external agency to train salesforce on improving sales skills Recommendations & Solutions Employee Motivation Performance evaluation based on achievement of sales targets Top 8 performers across all districts to be rewarded with financial/non-financial incentives eg., 10% of salary to be paid as bonus or Performer of the Month recognitions Promotions for all employees to be based on performance, and not experience alone
Recommendations & Solutions Customer Feedback Online portal to be established for customers to provide instant feedback on company services KAMs to address customer grievances within 24 hours of reporting of issue If issue not resolved within 24 hours, alert escalated to District Manager and Central Office
Central office to take stringent actions in case of severe service faults KAMs and Salesforce performance evaluated on the basis of customer feedback
Recommendations & Solutions Personal Issues For High performers like Carol (KAMs & above) policies like Work from Home (as per necessity) or Reduction in Work load in terms of Key Accounts can be suggested to maintain their level of motivation Short term arrangement However, strict sales goals should be assigned to KAMs & DMs towards increasing sales
Recommendations & Solutions Compensation Review Company board should review the compensation package for employees Focus more on commission based compensation than fixed package Telephone and travel expenses to be limited based on hierarchy Thank You