Accelerating Growth with Sales Performance Management with Robert Bieshaar, Senior Director at Autodesk
Feb 14, 2023
auto_awesome
Robert Bieshaar, Sr. Dir. at Autodesk, discusses sales comp evolution, SPM benefits, strategies for retaining reps, sales with direct channels, and currency conversion. Book recs and psychological insights on sales incentives.
Transition to subscription model requires focus on renewals and upsells in sales compensation.
Evolution to SPM enables predictive analytics and deep data analysis for enhanced sales performance.
Deep dives
Challenges of Transitioning to Subscription Model at Autodesk
The shift from perpetual licensing to a subscription model at Autodesk brought significant challenges, especially in sales compensation. Unlike the past transactional approach, the new model focuses on renewals, upsells, and expansions, requiring a different perspective on sales incentive compensation. This transition underscored the need for Sales Performance Management (SPM) over Incentive Compensation Management (ICM), enabling predictive modeling, scenario analysis, and a deeper understanding of sales data.
Predictive Analytics and AI in Sales Performance Management
The evolution from ICM to SPM introduced predictive analytics and AI into the realm of sales performance management. By leveraging advanced modeling tools and algorithms, organizations can forecast outcomes, run multiple scenarios, and analyze data at a granular level. This transformation empowers sales teams to make informed decisions, predict costs, and drive desired behaviors, ultimately enhancing operational efficiency and performance.
Impact of Sales Compensation Structure on Rep Tenure and Performance
The sales compensation structure plays a crucial role in influencing sales rep tenure and performance. Factors such as ramp time, quota setting, and territory management greatly impact the retention and success of sales professionals. Designing compensation plans that accommodate ramping periods, set realistic quotas, and align with product complexity contributes to enhancing sales rep loyalty, productivity, and overall organizational success.
On this episode of The Sales Compensation Show, Justin Lane is joined by Robert Bieshaar, Sr. Dir. of Worldwide Incentive Compensation at Autodesk to discuss the evolution of sales compensation and the guidelines for designing an effective sales performance management plan that accelerates growth.
The Sales Compensation Show is handcrafted by our friends over at: fame.so
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode