Paul Hebert: 7 Deadly Incentive Sins
Paul Hebert knows incentives. He is the Vice President of Individual Performance Strategy at Creative Group, Inc. and a writer, speaker and consultant and is widely considered an expert on motivation and incentives focused on influencing behaviors that drive business results. Paul has been interviewed by the BBC and USA TODAY because of his work applying solid psychological theory to sales motivation.
Paul, Kurt and Tim recently co-authored an eBook called “The 7 Deadly Sins to Avoid in Your Next Sales Incentive.” The purpose was to help sales managers who are struggling to maximize their effort and results when they use sales incentives. In the podcast, we recap the most common sins committed by sales managers and discuss ways of avoiding them.
- Spread goals evenly
- Give a huge prize to the top performer
- Must be above quota to earn
- We’ll figure it out behind the scenes
- Under-quota performers can’t be winners
- It’s all about the Benjamins
We hope you enjoy the discussion and recommend you download the eBook for reference.
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AIRDATE: October 13, 2019 EPISODE 93
Podcast: Play in new window | Download
Paul Hebert: 7 Deadly Incentive Sins
Featured Guest
LINKS
Paul Hebert: https://www.linkedin.com/in/paulhebert/
7 Deadly Sins Ebook: https://hubs.ly/H0kR8g60
Paul Hebert’s Blog: http://wphebert.com
Fistful of Talent Blog: http://fistfuloftalent.com/author/paulhebert
Elliot Aronson, PhD: https://en.wikipedia.org/wiki/Elliot_Aronson
Zeno of Citium: https://en.wikipedia.org/wiki/Zeno_of_Citium
Steenburgh and Ahearne “Motivating Salespeople”: https://hbr.org/2012/07/motivating-salespeople-what-really-works
Ariely and Heyman “A Tale of Two Markets”: https://journals.sagepub.com/doi/abs/10.1111/j.0956-7976.2004.00757.x?journalCode=pssa
Jeffrey and Shaffer “The Effects of Tangible Rewards”: https://theirf.org/research/the-effects-of-tangible-rewards-versus-cash-rewards-in-a-sales-tournament-a-field-experiment/1638/
The guy who traded a paper clip for a house: https://en.wikipedia.org/wiki/One_red_paperclip
The Price is Right: https://en.wikipedia.org/wiki/The_Price_Is_Right