Executive VP of Sales is among the great assets in a firm. But, what is its value and worth in a firm? If you are an Executive VP of sales, you need to know it.
Moreover, if you are the boss of an executive VP, you want to know it more than anyone else. This is because knowing how much your executive VP is worth will help you get the most out of this asset.
The Executive VP of Sales Value in a Firm
The following are the things that determine the value and worth of an Executive VP in a firm:
1. Achieved sales quota
It is among the most important things that determine the value of a Sales Executive in a firm. It is because nothing can be compared to actual performance results. For instance, someone who has achieved 150% of his quota will be more valuable than someone who has achieved only 100% of his quota.
2. Average sales quota achieved
The average sales quota achieved by Executive VP’s of Sales is also among the things that determine the value of this executive in a firm. The average sales quota achieved by an executive VP of sales will serve as the basis to determine the value of this executive in a firm.
For example, if an executive VP of sales has averaged achieving 120% of his sales quota for the past three years, he will be more valuable than an executive VP of sales who has averaged achieving only 60% of his sales quota for the past three years.
3. Sales targets exceeded
It is among the things that determine the value and worth of an Executive VP in a firm. It is because nothing can be compared to actual performance results. For instance, someone who has achieved 150% of his quota will be more valuable than someone who has achieved only 100% of his quota.
4. Average sales quota achieved
It is among the things that determine the value and worth of Executive VP’s of sales in a firm. It is because nothing can be compared to actual performance results. For instance, someone who has achieved 150% of his quota will be more valuable than someone who has achieved only 100% of his quota.
5. Sales targets exceeded
It is among the things that determine the value and worth of Executive VP’s of Sales in a firm. It is because nothing can be compared to actual performance results. For instance, someone who has achieved 150% of his quota will be more valuable than someone who has achieved only 100% of his quota.
6. Team sold by the Executive VP of Sales
It is among the things that determine the value and worth of Executive VP’s of Sales in a firm. It is because nothing can be compared to actual performance results. For instance, someone who has achieved 150% of his quota will be more valuable than someone who has achieved only 100% of his quota.
To Conclude
The value of Executive VP’s of Sales cannot be determined in numbers. The value of an Executive VP of Sales is determined by the results that this executive has produced in his company.
Hence, you should know the value and worth of your Executive VP of Sales if you want to get the most out of this asset.
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