I have been told I must attend a two-day off site team building session
next month with the members of my company's sales management group. What
should I be aware of and prepared for?
Answer: Team building
involves a group of people working together to achieve a common goal.
One of the first steps in a team building exercise such as this is to
clarify the team's goal[s]. Once that is done, the next logical step
in this process is to identify the conditions that prevent the team from
reaching its goal[s].
For you as [presumably] the only representative of the credit department
is to make certain that the first step [clarifying the goal] is done
properly. The goal agreed upon needs to be carefully worded. For example,
if the goal identified was "To maximize sales and increase market share" the
implication of this goal is that the company would accept any amount
of credit risk as long as sales increased. Similarly, if the goal was "To
maximize both sales and profits" the goal statement is flawed. Why? Because
sometimes maximizing sales will result in bad debt losses rather than
profits. In other situations, the only way to increase sales is to "buy" market
share by reducing your profit margins. We suggest you offer this goal
for consideration: To increase sales while maintaining sound and collectable
accounts receivable.
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