Winterthur Life meets market challenge head‐on
Purpose – The purpose of the paper is to describe the award‐winning training that Winterthur Life provided for its business‐development managers and outline the performance improvements that the training has brought about. Design/methodology/approach – The paper draws on information provided by the company's sales and regulatory training manager. The paper describes the background to the training initiative, how it was designed and delivered and the results it helped to achieve. Findings – The paper shows that, historically, training for business‐development managers has tended to be “one off” selling‐skills events delivered by external training providers. These tended to be expensive, with little evaluated outcome. As a result of systematic training‐needs analysis and the implementation of individual development plans, Winterthur Life now has a highly successful group of motivated and business‐mature business‐development managers whose skills are aligned to market needs. Originality/value – The paper demonstrates that the training was a collaborative effort between training and sales management. Common goals were translated into training objectives and then to changes in behavior.
Year of publication: |
2006
|
---|---|
Published in: |
Human Resource Management International Digest. - Emerald Group Publishing Limited, ISSN 1758-7166, ZDB-ID 2082534-1. - Vol. 14.2006, 2, p. 5-7
|
Publisher: |
Emerald Group Publishing Limited |
Subject: | Financial services | Pensions | Training | Business development |
Saved in:
Online Resource
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