Executive Education

Kellogg School of Management

Marketing & Sales  >  Sales Force Incentive Compensation

Sales Force Incentive Compensation: Design and Implementation for Maximum Impact

Related Programs
  Energizing People for Performance
  Accelerating Sales Force Performance
  Kellogg School Summit for Sales Executives
 

Upcoming Sessions
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Key Benefits
During this program, you will learn to:
Understand how incentives fit into the sales management system
Indentify changes in the selling environment that may precipitate a change in your incentive plan
Learn about and assess your plan using the 3-C's framework
Explore effective incentive plan components
Explore ways to balance the incentive plan for motivation, complexity, and fairness
Discover techniques to predict plan consequences before implementation
Find out how to set appropriate quotas
Anticipate long-term incentive problems before they become difficult to overcome
 
"Great program! It provides interaction and real-life applications that really expand your knowledge on different options that are being used across industries. "

Supervisor, Sales Analysis, TAP Pharmaceuticals, Inc.
students in class
© Nathan Mandell
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Watch Video: Professor Andris Zoltners

Incentive compensation is not just a way to reward the sales force - it is a way to communicate and implement your strategies. By tailoring the incentive plan, you can steer your sales team to achieve specific goals, and exert a profound impact on your organization. In a collaborative learning environment utilizing lecture, discussion, case analysis, and hands on problem-solving exercises, Kellogg School's faculty will help you understand the major issues and latest approaches for incentive plan design and implementation in order to enhance sales team performance.

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Program Content

Accelerating Sales Force Performance

The 3-C's Framework for Incentive Plan Assessment

The Four Key Decisions to Match the Incentive Plan to Sales Force Roles

Plan Testing and Selection

Setting Goals

Incentive Plan Implementation and Administration


Format
Discussion, case analysis, and exercises facilitate participation and involvement in the seminar. In the evenings, participants work in study groups to prepare for the next day's case analyses.

Who Should Attend
Find out who should attend Sales Force Incentive Planning, and what past participants have said about the course.

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