Home > Management, Strategy > How to combine your sales force in a merger.

How to combine your sales force in a merger.

November 3, 2009 Leave a comment Go to comments

McKinsey has published a paper on how to survive a merger and combine sales forces. By involving employees and customers in the integration process, it is possible to retain critical staff, generate momentum with key accounts, and increase customer satisfaction. If you are in the process of approaching an integration, can you risk loosing these key elements by doing a botched job?

We have identified four steps essential to facilitating the successful integration of sales operations. At the top of the list: understanding the importance of sharing information about the integration process with customers and the sales force. Many companies take the opposite approach and are surprised when postmerger revenue fails to meet expectations. In addition, the combined sales team must quickly win prominent accounts to build momentum and generate internal confidence in the merger. The executives running the integration effort must also recognize that, as important as sales reps are, essential support people must be identified and retained. Finally, senior managers should review the merged portfolio of customers and make tough calls about those that are worth new investments and those that might be shed or given less attention.

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.