Maha Research Labs: Sales Force Expansion
In March 2018, the managing director of Maha Research Labs Private Limited, a pharmaceutical company in India, was charting his 2020 vision for the company. His ambitious plan was to achieve net revenue of 1 billion in 2018 and to have a pan-Indian presence and sales revenue of 2 billion in 2020. The managing director knew that the company would need to expand rapidly over the next year to meet these goals. First, however, he needed to assess several factors that would be key to deciding the sales targets. He also needed answers to some serious questions: How should the sales organization be designed? What sales force structure would be appropriate? Should the company opt for a generalist sales force structure or a specialist sales force structure? What was the optimal size for the sales force? What processes should the company follow to design the sales territories?