Question: Case Study: Growth Solutions, LLC Laura Johnson had built a successful consulting firm, Growth Solutions, LLC , over the past decade. Specializing in helping small
Case Study: Growth Solutions, LLC
Laura Johnson had built a successful consulting firm, Growth Solutions, LLC over the past decade. Specializing in helping small and mediumsized businesses develop and implement growth strategies, Laura and her team had earned a reputation for innovative solutions and exceptional customer service.
However, as the demand for their services grew, Laura realized that her current team could no longer handle the workload. She decided it was time to expand the company's sales team to reach new markets and sustain their growth.
Laura hired you as a sales consultant to develop a plan for expanding the sales organization at Growth Solutions, LLC Your task is to create a strategy for expanding sales operations into new regions.
Growth Solutions, LLC currently operates in the Midwest, serving clients in Illinois, Indiana, and Ohio. Laura's goal is to expand their reach to the East Coast, targeting businesses in New York, Pennsylvania, and New Jersey. She believes there is a significant opportunity for growth in these markets, given the concentration of businesses in these states.
The company's current sales team consists of Laura and two other salespeople. They handle all aspects of the sales process, from prospecting to closing deals. Laura recognizes to achieve her plans of growth, she will need to hire at least eight or more new salespeople to cover the new territories effectively.
Laura is also aware that simply hiring new salespeople will not be enough. They will need to develop a new sales team structure with specific roles for the new employees. Additionally, they will need to refine their sales process to accommodate the new markets they will be entering.
Your task is to develop a plan that outlines how Growth Solutions, LLC can successfully expand its sales organization to reach new markets while maintaining the high level of service and customer satisfaction that has been the hallmark of the company's success.
Questions:
What are the specific steps you would suggest to Laura to develop a new sales organization and new sales process?
How would you structure the sales organization? What roles and responsibilities would people play in the sales organization?
How would you structure the recruiting, hiring, and training of new and existing sales personnel?
What are some reasons the sales environment has the changed for Growth Solutions, LLC Based on our class discussions, what are some of the major factors in the overall business environment in the real world that may have driven this change in the selling environment?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
