
This successful manufacturer of industrial equipment, in business for over 30 years, holds more than 90% share of its primary market.
After reaching a growth plateau, it was seeking opportunites for sales improvement to grow sales and profits by an additional 50%. Since capturing greater market share was not a viable strategy for significant growth, a new approach was required.
The manufacturer faced the threat of multiple competitors, and their primary hurdle was an uninspired sales force with little direction, poor interface with Operations, and no accountability systems.
While experienced and knowledgeable, the sales force lacked understanding of the concept of capturing their unique economic value. They had, over the years, commoditized themselves in spite of their distinct advantages against their competitors.