Building a more valuable salesforce

Client Results Story

What company is this? We take our client's confidentiality seriously and don't disclose their names. While the name is changed, the results are real.
MoneyServices, a financial services company, needed to improve the quality of its sales force to successfully expand its product line and increase assets under management.

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Next Approach

The Bain team conducted an internal and external review of best practices to maximize the value of each sales recruit.

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Next Recommendations

Adopting best practices in recruiting, training and support of new representatives allowed the company to hire fewer people, yet create a more valuable class of sales recruits.

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Next Results

By achieving best demonstrated practices in all of its regional offices, MoneyServices can more than double the net present value of its sales force, which would result in assets under administration 50 percent higher than current forecasts and lead to significant stock price growth.

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