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High Sales Force Effectiveness Requires The Right Approach

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A sales force must be incentivised if it is to be truly effective. This must be correctly approached however, as it is often poorly thought out or even bypassed, leading to lacklustre results, a reduction in morale and the inefficient use of a key resource. It is not good enough for a pharmaceutical company to rest on its laurels when it comes to its creative ability, as it will be judged by the effectiveness of its sales and marketing team, which must be well trained. Such a team must be comprehensive, well balanced, able to employ different strategies and techniques and perform to a high-level of efficiency within a tough commercial field. The sales team must be well established and managed and pharmaceutical consultants have the experience, knowledge and background to enable this objective.

The achievement of the sale is not the end of the story. It is true to say that without sales nothing happens, but many different factors must be used to judge the absolute value of a sale. However efficient the executive, without the creation of a good relationship between both parties, the long-term baseline value of the transaction is questionable. In this analysis, incentives must be prepared and deployed selectively, with the aim of achieving a “win-win” solution all around.

It is human nature for an individual to likely be more productive if he or she is incentivised. This will require the creation of sensible goals related to existing benchmarks. Correct incentivisation will enhance the effectiveness of the sales force, but the opposite is also true. The goals set should represent a journey rather than the destination and multi-tiered targets should encourage, but always lead to a “carrot” which is just out of reach. This will ensure that the sales executive is constantly engaged.

In most cases, pharmaceutical consulting firms tell us that sales executives spend the majority of their time on ancillary and sometimes mundane administrative work and a minority of their time in direct communication with prospects or engaged with client management. This is why time management should be considered as a top priority and company executives should never put onerous administrative and accounting burdens in front of their productive sales team. Indeed, if these boring tasks get completely out of control, certain personality types can rebel and this can have a serious, knock-on effect on creativity and achievements.

If a comprehensive training program is practised by the organisation, each team member will get the feeling that he or she is dynamically engaged with the overall goal. While administrative burdens should be kept to a minimum as we have said, training must nevertheless be prioritised. Generally, pharma consulting firms can help to roll out the latest in procedures, educate in technical issues and methodology and focus on product awareness. These companies can bring a lot to the corporate table, using an extensive industry background, a variety of different perspectives, pep talks and rallies at just the right time to eliminate even the traces of negative emotions.

Alan Gillies is the Director of L2L Consulting, an elite pharmaceutical consultancy firm which specialises in Strategy Development and Implementation Excellence for prestigious multi-national organisations.

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