— Digital event —

— Live event —

Revenue psychology: The behavioral science of incentives

Researchers explore the application of behavoiral science to better your sales incentive plans

Sales incentives bridge GTM strategy and execution. But not all sales incentives are created equal. The most effective incentives are rooted in the psychological principles of motivation. For example: loss aversion is often more motivating to reps than the opportunity to make more money (e.g. If you miss X, you'll lose Y).

In this panel, learn about the psychology underpinning incentives, and how theories from behavioral and decision sciences research can be applied to your incentive plan.

This is part of the NUDGE 2024 series.

Join our session on activity-based-incentives
This panel is one of five in a series, by submitting this form you'll gain access to all five recordings
Watch now
Save your seat

What we'll cover

1
2
3

What Should This Say?

No items found.

With your hosts:

Phillip Wiseman

Assistant Professor of Marketing, Texas Tech University

Frank V. Cespedes

Senior Lecturer, Harvard Business School

Frank Cespedes teaches at Harvard Business School and for 12 years was Managing Partner at a professional services firm. He has worked with many companies around the world on go-to-market and strategy issues, and has been a Board member at consumer goods, industrial products, services, PE and VC firms. He has written for numerous publications, including Harvard Business Review, European Business Review, Organization Science, California Management Review, and The Wall Street Journal, among others. He is also the author of six books including Aligning Strategy and Sales which was cited as “the best sales book of the year” (Strategy & Business), “a must read” (Gartner), and “perhaps the best sales book ever” (Forbes). His newest book is Sales Management That Works: How to Sell in a World That Never Stops Changing (Harvard Business Review Press).

Nabeil Alazzam

CEO & Founder, Forma.ai

Nabeil Alazzam is the founder and CEO of Forma.ai, the only Sales Performance Management (SPM) platform that leverages AI and data science to optimize and individualize sales compensation for large enterprises. With over $1 trillion spent each year on sales compensation in North America, he founded the company in 2016 with a vision that AI could disrupt the wasteful legacy approach to incentivizing and motivating sellers. Forma.ai’s SPM platform now processes billions in commissions annually for customers worldwide. Prior to starting Forma.ai, Nabeil was a sales force effectiveness consultant for Fortune 100 companies and developed a deep understanding of the inefficiencies in enterprise sales organizations and the way they manage sales compensation.

Phillip Wiseman

Assistant Professor of Marketing, Texas Tech University

Frank V. Cespedes

Senior Lecturer, Harvard Business School

Nabeil Alazzam

CEO & Founder, Forma.ai

Nabeil founded Forma.ai in 2016 with a vision to completely disrupt the SPM space. Prior to founding the company, Nabeil consulted on sales force effectiveness for Fortune 100s, developing a deep understanding of enterprise sales organizations and how they manage sales compensation.

Phillip Wiseman

Assistant Professor of Marketing, Texas Tech University

Frank V. Cespedes

Senior Lecturer, Harvard Business School

Nabeil Alazzam

CEO & Founder, Forma.ai
Nabeil founded Forma.ai in 2016 with a vision to completely disrupt the SPM space. Prior to founding the company, Nabeil consulted on sales force effectiveness for Fortune 100s, developing a deep understanding of enterprise sales organizations and how they manage sales compensation.

Digital Event

Revenue psychology: The behavioral science of incentives

Researchers explore the application of behavoiral science to better your sales incentive plans

Watch now

This panel is one of five in a series, by submitting this form you'll gain access to all five recordings

What we'll cover in this event

Sales incentives bridge GTM strategy and execution. But not all sales incentives are created equal. The most effective incentives are rooted in the psychological principles of motivation. For example: loss aversion is often more motivating to reps than the opportunity to make more money (e.g. If you miss X, you'll lose Y).

In this panel, learn about the psychology underpinning incentives, and how theories from behavioral and decision sciences research can be applied to your incentive plan.

This is part of the NUDGE 2024 series.

What Should This Say?

No items found.

Join to hear from speakers:

Phillip Wiseman

Assistant Professor of Marketing, Texas Tech University

Frank V. Cespedes

Senior Lecturer, Harvard Business School

Nabeil Alazzam

CEO & Founder, Forma.ai

What past attendees are saying...

“What is amazing about Forma.ai is that—internally, we don’t need the skills to configure a comp tool or our data—Forma.ai’s automation helps us do this and turnaround changes much faster than we would ever be able to with any other ICM.”

Suzanne Shadgett

Senior Financial Executive, Stryker

“Forma.ai provides flexibility like no one else in the category. With their real-time modeling, I can apply any idea I have against last year’s data to see how much it would cost and what it could actually achieve." 

Dr. Robert Bieshaar

Global Head of Sales Compensation, AutodeskÂ