Tag Archives: Pros and Cons
Adoption of Software-as-a-Service in the Sales Performance Management (SPM) Industry
A question many of my clients wonder about is “should we get an on-demand Software-as-a-Service (SaaS) SPM solution, or an on-premise solution.” The popularity of SaaS solutions and of traditionally on-premise solution being offered on-demand surged last year. I will discuss the pros and cons of each model in more details in a separate post; Continue Reading
Offshoring Sales Performance Management Implementation Components
Based on my experience and on common sense, there are some project components which are easier to offshore than others. Requirements and Functional Design Early phases of a project are more challenging to offshore; these phases include the requirement gathering and the functional planning of the project. Offshoring these activities can be difficult because they Continue Reading
ICM Implementation Offshoring Pros and Cons
Projects can be partially or completely outsourced. The outsourcing can be done partially or entirely offshore. The most common scenario I usually encounter is when a company outsources a project to a consulting company. The consulting team usually works on-site, and often have several resources located offshore. There seems to be a trend for consultant Continue Reading
Do Big Money Bonuses Really Increase Job Performance?
I came across an interesting study in the “PsyBlog” about the impact of large bonuses on job performance. In this experiment, professor Dan Ariely went to India and recruited [poor] local people to accomplish several tasks, offering a performance bonus equivalent to up to a month’s salary. In 8 of the 9 tasks, the promise Continue Reading
Ask the Expert – Pros and Cons of Variable Compensation
I recently asked several sales performance related questions to David Cichelli, author of the popular book “Compensating the Sales Force“, a national expert in sales compensation and the sales compensation practice manager at The Alexander Group. He was kind enough to share his expertise with me, and to allow me to share his insight on Continue Reading
Group Competition Incentive Pros and Cons
A recent post here highlighted some of the pros and cons of a group competition incentive program. The article pointed to an interesting study which tries to demonstrate how relative rewards play a role in economic motivation. I responded to the post explaining my reasons for disliking internal competition as a mean to incent employees, Continue Reading
Choosing an Implementation Partner
If it was determined that the in-house implementation of your incentive management system was not ideal, the choice of your implementation partner will make the difference between success and failure. A solid team will insure a successful delivery of the system on time and on budget; a poor team will cause the project to run Continue Reading