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National Sales Head KRA/KPI
- Key Responsibility Areas (KRA) & Key Performance Indicators (KPI)
- 1. Sales Strategy Development
- 2. Team Leadership and Management
- 3. Client Relationship Management
- 4. Market Analysis and Competitor Research
- 5. Sales Performance Tracking and Reporting
- Real-Time Example of KRA & KPI
- Increased Market Share Strategy
- Key Takeaways
Key Responsibility Areas (KRA) & Key Performance Indicators (KPI)
1. Sales Strategy Development
KRA: Develop and implement strategic sales plans to achieve revenue targets.
Short Description: Drive sales strategy for market penetration.
- 1. Annual Revenue Growth Rate
- 2. Market Share Increase
- 3. Sales Pipeline Conversion Rate
- 4. New Business Acquisition Rate
2. Team Leadership and Management
KRA: Lead, mentor, and motivate the sales team to drive performance and meet objectives.
Short Description: Inspire and manage sales team effectively.
- 1. Team Sales Targets Achievement
- 2. Employee Engagement and Retention
- 3. Training and Development Effectiveness
- 4. Sales Team Productivity
3. Client Relationship Management
KRA: Build and maintain strong relationships with key clients to ensure customer satisfaction and retention.
Short Description: Foster client partnerships for long-term business growth.
- 1. Client Satisfaction Index
- 2. Client Retention Rate
- 3. Cross-selling and Up-selling Revenue
- 4. Client Referral Rate
4. Market Analysis and Competitor Research
KRA: Conduct market research and competitor analysis to identify opportunities and threats for the business.
Short Description: Stay ahead through market insights and competitor knowledge.
- 1. Market Share Growth Rate
- 2. Competitor Benchmarking Performance
- 3. Market Segmentation Accuracy
- 4. Market Trends Utilization
5. Sales Performance Tracking and Reporting
KRA: Establish performance metrics, track sales performance, and provide regular reports to the management.
Short Description: Monitor and report on sales performance for informed decision-making.
- 1. Sales Revenue vs. Target
- 2. Sales Conversion Rate
- 3. Sales Forecast Accuracy
- 4. Sales Activity Efficiency
Real-Time Example of KRA & KPI
KRA: Implementing a targeted marketing campaign to increase market share in a specific industry segment.
- KPI 1: Percentage Increase in Market Share within 6 months
- KPI 2: Number of New Clients Acquired from the Target Segment
- KPI 3: Revenue Growth from the Target Segment
- KPI 4: Customer Satisfaction Score from the Target Segment
This strategy resulted in a 15% increase in market share, acquisition of 20 new clients, 25% revenue growth, and a customer satisfaction score of 90% within the target segment.
Key Takeaways
- KRA defines what needs to be done, whereas KPI measures how well it is done.
- KPIs should always be SMART (Specific, Measurable, Achievable, Relevant, Time-bound).
- Regular tracking and adjustments ensure success in the role of National Sales Head.