Case Study

 

Sales Management Operating System

 

The Challenge

A fabless semiconductor firm was experiencing rapid growth worldwide. Although the sales team

and managers had long tenure in the industry, they were experiencing difficulty maintaining target

gross margins for product sales in foreign countries. Senior managers were also faced with the

task of rapidly scaling the sales organization. The CEO and CFO contacted us for help reorganizing

their front-line management structure, with a focus on training the team on selling at higher margins.

 

How We Helped

 

After interviewing sales professionals and managers from various countries, and understanding

the challenges of foreign competition, we worked closely with the CFO to develop basic financial

literacy training that concentrated on gross margin, and the effects discounting had on the

company’s profitability. This was the first time the sales team had been exposed to finance training. 

We also provided training and the basic tools for a new Sales Management Operating System the

front-line managers would use to attract and train the right talent and manage the rapid sales growt

the company projected for the next several years.

 

Results

 

As part of the Sales Management Operating System, a new hire selection process was used by

front-line managers to double the size of the sales organization within twelve months. New hires

received financial literacy training and were successful in achieving management’s gross margin

goals in foreign markets. The installed management system provided a solid foundation for the

company’s sales growth. The company was acquired by a larger competitor at a substantial premium

over the company’s closing share price at the time of the acquisition.