All high performance environments share a serious devotion to results. They're competitive, stressful workplaces where mediocrity is disdained and failure intolerable. Moreover, individuals who thrive in these environments tend to be players with intense ambition. And they are always on the lookout for greener pastures.
While the last installment of this column documented the general characteristics of a well thought out compensation plan, this column, and a few to follow, will address the three most prevalent forms of salespersonnel compensation. The series will conclude with a radical approach for progressive dealers who want to "think outside of the box."
Source: By: Adam Rich Source, American Express OPEN Business Forum
It's not news that performance reviews are an important tool in keeping your workforce encouraged and engaged. What isn't talked about is how critical it is to do them right. They can do more harm than good if it feels like you're going through the motions, or if you're only conducting them because you took Bureaucracy 101.
Just as important as hiring the right person, dealers and sales managers interested in improving the overall performance of their sales department would be wise to scrutinize certain individuals whose potential for long-term success has proven to be somewhat problematic.
We’ll be announcing the top North American equipment dealers in our annual Dealership of the Year program in the July/August of Farm Equipment. What stood out for me is how the top dealers continue to set the bar a little higher each year.
You've heard of the Academy Awards for movies and the Baldrige Award for quality, but have you heard of the Employer Choice Award? If you've heard of it, would you deserve it if you were nominated?
Industry-leading technologies in AGCO application, row-crop and tillage equipment add up to significant advantages in machine performance and operational efficiencies
AGCO Corp. Chairman and Chief Executive Martin Richenhagen's compensation fell 58% in 2009 on reduced stock awards and the elimination of cash incentive pay, according to a regulatory filing Monday.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.