Our Clients > Case Study
Workforce Management Solution Provider
Client Situation
Company innovatively adapted enterprise-level Workforce Management
Solutions from successful Fortune 500 companies like NIKE, Intel
and Microsoft to deliver streamlined recruitment services, strategic
planning, workforce programs, and recruitment technology for start-up
to mid-market organizations. Company came to Sales Resource Group
(SRG) with the unique situation of delivering superior client services,
but was not able to develop a steady sales pipeline for new business.
This together with the slow economy prevented Company from growing.
The company's desire was to build a "best-in-class" sales strategy
and a solution-selling model together with an accompanying sales
process to triple revenue in 2002.
The Solution
Company saw the benefit of partnering with SRG to map out an "implementable"
sales strategy and process to generate revenue through new sales.
As part of the project, the SRG team spent 6 days onsite spread
out over 8 weeks working closely with the Company team. The collaborative
solution was a fully customized Sales Acceleration Plan that will
be used as a road map to achieve the revenue goals in 2002 and beyond.
The Results
Company now has a well defined, agreed upon, and scaleable sales
strategy that represents the uniqueness of their performance-based
recruiting model. SRG facilitated and guided Company through market
segmentation analysis, targeting and positioning. A new value proposition
and many new sales collateral components were created to reflect
Company's new services and positioning. A repeatable sales process
with focus on generating short-term revenue was developed and implemented.
Necessary sales tools were identified and created by SRG.
A lead generation mechanism was established together with a lead
tracking and prioritization mechanism to optimize effectiveness
and efficiency early in the sales process. An affordable web-based
sales force automation tool (Salesforce.com) was set-up and customized.
Leads from different sources were collected, reconciled, prioritized,
and imported into Salesforce.com. Ongoing training on this new application
was provided and customizations were made as appropriate.
A complete performance management system was also put in place
and performance standards were defined. This enabled Company to
stay focused through metrics as well as drive and reward sales performance.
Compensation plans and sales job descriptions were created and one
new salesperson was hired immediately upon completion of the project.
Together, SRG and the Partners of Company tested the new sales
approach by making several sales calls. This was conducted to verify
and test the new sales process, value proposition and sales tools.
One of the Partners' very first phone call lead to a meeting which
resulted in a signed agreement. This one piece of business alone
was a 2.5 times ROI on their SRG investment. Sales Resource Group
will stay actively involved on an as needed basis to support Company's
sales effort.
From a Client's Perspective
"As a young company, it was especially important for us to engage
with SRG. Their work has had an immediate impact to our bottom line
and the return on investment was recognized immediately upon the
conclusion of their work. Using SRG to develop our sales acceleration
program has been one of the best business decisions we have made
so far."
- Founding Partner, Workforce Management Solution Provider
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