Client case · SpringboardIQ
A sales review before follow-on funding.
Growth had stalled. Four account executives were achieving around 20–25% of quota, and the company was seeking funding to expand its sales team. Its existing investor initiated a SpringboardIQ review.
- Account executives
- 4
- Quota attainment before the review
- 20–25%
- Quota attainment the following quarter
- 60–65%
Start with the approach the team is already using.
The panel examined the current strategy, outreach and deal-conversion data, alongside an interview with the sales leader. The question was whether the commercial approach was ready to support expansion.
Focus the effort where the evidence points.
The company was pursuing a broad range of prospects. The panel recommended a more specific ideal customer profile, concentrating on countries where the business was seeing returns and prioritising particular industries.
The company also revised its messaging. Together, these changes gave the team a clearer view of which accounts deserved its attention and how to approach them.
The following quarter.
The same four AEs reached 60–65% of their targets in the following quarter. Their quotas had not changed. Deal size also increased.
The investor proceeded with follow-on funding after the review.
A decision worth examining before adding resources.
The review gave the investor and company specific recommendations to act on. The subsequent quarter provided evidence of improvement in the existing team’s performance.
For an investor considering another sales investment, this is a practical use for an independent second opinion: examine the approach, identify what needs to change, and agree what to test next.
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