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Modernizing your Comp

Writer: Dr. AutoDr. Auto



🎯 "Our pay plan worked fine for 30 years..."



And landlines worked fine before smartphones.


Similarly, dial-up internet worked fine before broadband.


Paper maps worked fine before GPS.



The world evolved, adapting to new technologies and changing consumer expectations. Your dealership should too, recognizing that clinging to outdated practices may hinder growth and success in an ever-changing marketplace.



Modern motivation isn't just theory - it's survival in a competitive landscape:



WHAT WORKED THEN:


• Pure commission structures that incentivized individual performance, often fostering a cutthroat environment where only the top sellers thrived, while others struggled to keep up.


• Sink or swim training methods that left new employees to fend for themselves, creating a high-pressure atmosphere that often resulted in high turnover rates and loss of talent.


• "Because I said so" leadership styles that relied on authority and hierarchy rather than collaboration and engagement, stifling creativity and innovation among team members.



WHAT WORKS NOW:


• A base salary combined with performance incentives that encourages not only individual achievement but also fosters a sense of security and stability for employees, motivating them to excel without the fear of financial instability.


• Structured development paths that provide clear progression opportunities, allowing employees to envision their future within the organization and equipping them with the necessary skills to advance.


• Purpose-driven leadership that inspires and empowers team members, creating a culture of collaboration and shared goals that align with the overall mission of the dealership.



The shift isn't just about money. It's about:


1. Building career paths, not just jobs, ensuring that employees feel valued and invested in their professional growth, leading to higher retention rates and a more engaged workforce.


2. Creating teams, not just salespeople, encouraging collaboration and teamwork that harnesses diverse skills and perspectives, ultimately driving better results and customer satisfaction.


3. Developing leaders, not just managers, focusing on nurturing individuals who can inspire others, drive change, and lead by example, fostering a culture of continuous improvement.


4. Growing people, not just numbers, prioritizing personal and professional development that recognizes the importance of human capital in achieving success and innovation.



The dealers who get this right aren't just winning the talent war - they're redefining what's possible in automotive retail, setting new standards for employee engagement, customer satisfaction, and overall business performance.



💭 Question: What's holding your dealership back from evolving? Are there outdated practices that need to be addressed, or cultural shifts that need to be embraced to foster an environment conducive to growth and success?



 
 
 

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