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Effective Salesforce Management Practices: A Real Option Approach.

By: Material type: TextTextDescription: 7-24.PSubject(s): In: MURTHY, E N BUSINESS STRATEGYSummary: Salesforce are strategic assets to the sales organization, but their returns may not remain stable over time due to changes in business conditions. Salesforce investments are similar to investments in other types of real assets and thus carry uncertainties. The study identifies the uncertainties of return, volume and costs associated with salesforce and discusses various salesforce 'options' which are capabilities generated by some Salesforce Management (SFM) practices and their combinations. The 'real options' approach enables organizations to evaluate investment opportunities of salesforce in uncertain environments and underscores how these investments create value through future choices. The study also develops various frameworks for managing different types of salesforce uncertainties through better management practices. [ABSTRACT FROM AUTHOR]
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Holdings
Item type Current library Call number Vol info Status Notes Date due Barcode Item holds
Journal Article Journal Article Main Library Vol 15, No 1/ 5558681JA1 (Browse shelf(Opens below)) Available 5558681JA1
Journals and Periodicals Journals and Periodicals Main Library On Display JOURNAL/STRA/Vol 15, No 1/5558681 (Browse shelf(Opens below)) Vol 15, No 1 (17/04/2018) Not for loan March, 2018 5558681
Total holds: 0

Salesforce are strategic assets to the sales organization, but their returns may not remain stable over time due to changes in business conditions. Salesforce investments are similar to investments in other types of real assets and thus carry uncertainties. The study identifies the uncertainties of return, volume and costs associated with salesforce and discusses various salesforce 'options' which are capabilities generated by some Salesforce Management (SFM) practices and their combinations. The 'real options' approach enables organizations to evaluate investment opportunities of salesforce in uncertain environments and underscores how these investments create value through future choices. The study also develops various frameworks for managing different types of salesforce uncertainties through better management practices. [ABSTRACT FROM AUTHOR]

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