1 AIT Asian Institute of Technology

Enhancing return on investment from sales training projects at DKSH Vietnam

AuthorTran Cat Van
NoteA project study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration (Executive) in International Business – Management of Technology (VN), School of Management
PublisherAsian Institute of Technology
AbstractBasing on the real cases of sales training projects that I myself have been involved in and by surveying senior managers and actual trainees in Vietnam, this paper studies whether there are methods to validate the possible solutions to the effectiveness of training and development programs, in other words, what the opportunities to enhance ROI of corporate training are. This research was conducted with working professionals from two business units of DKSH Vietnam Co., Ltd. Interview and survey questionnaires were means of data collection from two groups of targeted respondents – 20 senior managers and 100 sales representatives, supervisors, executives, and sales managers. The respondents from two different business units of Healthcare and Fast-moving Consumer Goods have attended the sales training programs at DKSH Vietnam in the recent five years. This research addresses the differences in the implementation of the two projects such as the agenda of the training and the post-training activities, which results in different results in sales performance, engagement and retention of two sales teams. In one case, there occurred very little impact on the team behavior and results. In the other case, linking implementation with long-term recognition and reward schemes brought higher target achievement and the increase in team aspiration and retention. A survey was conducted in early February 2016, and an absolute 100% of survey response was collected to support the analysis and discussion. This research indicates that knowing the expectations of training stakeholders and utilizing evaluation tools are methods for assuring and assessing the training success. Furthermore, an effective recognition and reward mechanism is the opportunity for enhancing ROI of any corporate training programs. In fact, the FMCG sales team has improved their sales achievement from 84% to 102% and reduced the attrition rate from 40% to 18% within a year.
Year2016
TypeProject
SchoolSchool of Management (SOM)
DepartmentOther Field of Studies (No Department)
Academic Program/FoSMaster of Business Administration (Executive) in International Business - Management of Technology (VN/BKK))
Chairperson(s)Do Ba Khang;Badir, Yuosre;
Examination Committee(s)Swierczek, Fredric W. ;Sununta Siengthai;


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