Global Channel Incentive Programs: Plan Global, Execute Local.

 

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There are a handful of channel incentive companies that think they have the resources in place to run a global incentive program, but only a few who have actually executed these types of programs successfully. The reality is global incentive programs are hard.  God knows I have a ton of scar tissue from years of trying to iron out the many wrinkles that my programs have had to adjust to.

This past week I was in meetings with some of the brightest, most experienced and accomplished global channel incentive thought leaders in the country. These people are the brains behind 4 of the 6 leading global incentive programs in operation today. While I definitely learned a lot from these meetings, there was one concept in particular that stood out: “Plan global, execute local.” I love this motto. Not many years ago, the main factors for global programs—as opposed to regional independent programs—were that manufacturers wanted “the 3 C’s”: consistency in quality, controls (single pane of glass reports & audits), and continuity in best practices. So, back then we would roll out a centralized program that scaled across the globe with local delivery and customer service. This was a success!

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In the short term, we achieved the 3 C’s. However, over time we realized that our solution was not flawless. For example, the various regions and countries didn’t want to be told how to engage and motivate their local partners. “The Americans don’t know my partners,” they would say—and they were right. We don’t always know what participants in one country want versus another. So how do we still share the technology investment and best practices without force-feeding a one-size-fits-all strategy into APAC solutions? One thing you can do provide them with local program management resources that can allow them to design and communicate their own programs that are unique to their regions, their partners, and their business objectives.  HMI-MMI is built for this type of support and program management.

True, this model comes with an increased cost; but the incremental mindshare and market share gains make this “plan global, execute local” strategy a no-brainer!

Is your global channel incentive program giving localized flexibility to multinational sales teams? Are you considering extending your program across the globe?

As always, reach out to me with idea, questions, and comments.

Move the Channel,

Travis

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