Chapter 11
Setting Effective Goals and Objectives

This chapter focuses on setting sales force goals. Approximately 85 percent of U.S. companies establish formal goals for their salespeople. Experience shows that organizations and individuals who are goal-focused are more successful in the long run than those who do not set goals for themselves.

The chapter is designed to help you:

  • Know when to set "soft" goals based on competencies and activities and when to set "hard" goals based on sales and profits
  • Set goals in a volatile business environment with high uncertainty in predicting future performance
  • Implement an objective, data-based process for setting territory-level goals that incorporates input from local sales management
  • Realize the factors that correlate with territory sales and incorporate these factors into your goal-setting process
  • Understand the best formulas and processes for setting territory goals using four potential goal setting-methods
  • Involve field sales management in setting goals and tracking progress against those goals
  • Ensure that goals are fair, realistic and motivational