Wednesday, August 21, 2013

The Components of a Metric-based Strategic Account Plan


Strategic Account Business Plan TemplateWhen setting out to write or optimize a strategic account plan (the playbook for managing strategic customers / key accounts) to some, a reasonable first step may be searching the web for a strategic account plan template or for examples of actual account plans used by organizations in your industry or other reputable B2B sales organizations.  Microsoft Office Templates is one top-ranked resource in Google results for ‘strategic account plan’ where a standard ‘strategic account business plan template’ is provided. At the time of this post it has been downloaded over 200,000 times! 

The number of downloads suggests that a significant volume of sales and account professionals have needed a guide on developing an account plan for their business and perhaps, are even using this type of static template as their means to define their intent on meeting customers’ needs.  When you’re managing a customer of this magnitude, simply put– they deserve more than blanks filled out in a cookie-cut form.

When it comes to managing a ‘strategic’ customer, (an account that has been segmented by criteria to be managed strategically as such), you need an account plan that performs more than as a report on static facts, objectives and your organization’s intent to meet the customer’s known needs.  In order to manage the health and profitability of the account you need metrics and measurements that will enable the account team to identify opportunities and define strategy to expand profit margins, grow revenues, and develop a loyal, committed, and prosperous strategic account.

World-class Fortune 1000 and mid-tier suppliers with dependent, committed customers won’t share their account plan for reasons that keep them and their customers competitive— and if they did, it may not be one you’d want to borrow from necessarily!  As an adviser to prominent companies on sales and account management strategy, we can’t give away our clients proprietary secrets to strategic account management success, but we can provide you with a guide on developing a best-in-class metric-based strategic account plan.  Here’s how:

The Chapman Group has defined the components and metrics you’ll need to develop a Strategic Account Plan in this concise 2-page guide: The Components of a Metric-based Strategic Account Plan

We’ve also covered the mechanics necessary to drive and perform the right decisions and the right actions with the metric-based strategic account plan in a podcast titled Executing the Strategic Account Plan.

Click to play the podcast here:  http://chapmanhq.com/executing-the-strategic-account-plan-sam-best-practices/

Follow the best practices in the guide and in Executing the Strategic Account Plan so you can optimize your strategic accounts to realize exponential success in the growth of your strategic accounts’ relationships, revenues, and profits.

The Chapman Group
8955 Guilford Road, Suite 150
Columbia, MD 21046
Phone: 800.755.1905
http://chapmanhq.com/

Tuesday, July 30, 2013

Philosophy of Pipeliner CRM

The Austrian School has played only a negligible role in its country of origin but has enjoyed unbroken popularity in the United States since the 1970s with the work of Friedrich August von Hayek, Israel M. Kirzner, Murray Rothbard and especially Ludwig von Mises. The Austrians are central to the philosophy of Pipeliner CRM, because they are the only economic school of thought that assigns entrepreneurship a pivotal role in economic development. A businessman’s task is to apply his resourcefulness to track down knowledge and opportunities for profits—in other words, to utilize the advantages that come from information. Taking a risk while protecting the existing business is at the crux of every decision a businessman makes. The more successfully he makes each decision, the more successful his business will be. The more successful the businessman is in the economy, the more successful the economy will be.

An Intuitive Product

This paradigm of entrepreneurship has left its imprint and shaped the Pipeliner CRM principles. This Easy Sales CRM solution is an instrument that enables businesses to shape their own risk and security from a single source, all in keeping with the Austrian School. Of course, it can also be applied to the salespeople, who today are nothing other than “entrepreneurs in the enterprise”. Pipeline management allows entrepreneurial actions to be considered not only in retrospect as is traditional but also in advance gearing them to risk and security. The positive potential of entrepreneurial action is not only protected in the process, it is multiplied. Therefore a programmatic product that is based on the highly relevant findings of 150 years of economic history and economic theory as developed by the Austrians. The objective is to provide the best possible support for entrepreneurship.

An entrepreneur’s task is to create knowledge and seek out opportunities for profits—in other words, to utilize the advantages that come from information. Taking a risk while protecting existing business is at the crux of every decision a businessman makes. As Jesus Huerto de Soto describes this principle of the Austrian School Economics best in his introduction Market Order and Entrepreneurial Creativity:
“By its very nature and definition, entrepreneurship is always competitive. This means that once an actor discovers a certain profit opportunity and acts to take advantage of it, the opportunity tends to disappear, and no other actor can then perceive and seize it. Likewise, if an actor only partially discovers an opportunity for profit, or, having discovered it completely, takes only partial advantage of it, then a portion of that opportunity will remain latent for other actors to discover and grasp. Therefore, the social process is markedly competitive, in the sense that different actors compete with each other, consciously and unconsciously, to be the first to perceive and embrace profit opportunities.”
This application provides well-founded support precisely for this balancing act.
In day-to-day business, it builds its benchmarks for the salespeople as “entrepreneurs in the enterprise”—with the specific requirements and challenges they face in shaping customer relationships in an optimum and successful fashion. But the software also opens up to salespeople and businesses completely new perspectives for better managing the future of the enterprise plus the IT-supported retrospective analysis of the enterprise through a “real-time view.” The competitive situation of the company improves as a result and it has an easier time obtaining liquidity. Investors appreciate being able to use a company’s systematic, well-founded analysis of its future as a basis for their own decision-making.

Shortcomings of Classic CRM Tools

Classic sales and distribution structures and instruments are fundamentally based on a centralistic, top-down approach. Salespeople face the challenge of attaining goals imposed from above. There is just one motto and one measure. The figures have to be on the mark. When conventional CRM tools are phased in, pressure mounts on the salespeople of being controlled from above. In addition, they face the challenge of carrying out extensive reporting tasks and other activities that are definitely not among their core skills.  As John Golden, CEO from Huthwaite writes in Winning the Battle for Sales:
“When Salespople are asked to use CRM Systems, they generally  drop their shoulders, roll their eyes, and in their mind kiss their valuable selling time goodbye. For them, it´s anything but automation. For a big part of that day, the perceive themselves turning into a data-enty clerk inputting their deals into a seemingly redundant system only to turn around and discuss those same deals later in the week with their managers.”
Salespeople are not bookkeepers—and have no interest in becoming bookkeepers. They are individuals who think and act as entrepreneurs, who take personal responsibility in freely shaping economic events.
Conventional CRM tools are classic top-down instruments serving as control and monitoring instruments or intensifying previous control and monitoring mechanisms. They turn salespeople into data collectors and data managers. Systems of this kind generally benefit organizational entities within the company, not the individual members on the sales team. Little thought has been given to the benefit for sales up until now—and to the fact that people only enjoy and are good at doing what benefits them.

Avoiding a Reduction in Potential Sales

Finally, this situation underscores the lack of appreciation shown to sales and its employees. In reality, the quality of the sales organization stems from the team actively preparing and building customer relationships based on information, not from coping with burgeoning administrative responsibilities. Selling means knowledgeably interacting, not merely engaging in unlimited data collection. It is no wonder that these types of tools tend to reduce the potential of good salespeople rather than unleash it.Progressive pipeline management
It is also an expression of a humanization of IT makes people and their needs the focal point of attention after simplifying complex interrelationships. This objective and this approach have given rise to a completely new type of CRM instrument. The solution is an expression at companies that democratizes entrepreneurial thinking and action.

Program with Principles

Pipeliner revolutionizes the sales process in the interest of employees and businesses. The solution empowers individuals to act in a personally responsible manner based on their own individual ideas and goals. Thanks to flexibility and self-determination, users are given genuine latitude to shape their own course instead of simply following rules. This approach has positive effects in every respect. Employees become genuine “entrepreneurs within the enterprise”, Sales managers become “coaches”.
Pipeliner is an expression of serving people, not structures. It lays the kind of lasting groundwork for the knowledge management at businesses that is so decisive for growth.

Thursday, July 25, 2013

Sales Association Members Earn Distinguished Consultative Sales Certification (CSC) ™



Comcast Media Group, Zygo Corporation and JJ Keller have invested in their sales team to ensure sales and services offered are enhanced with consultative selling skills.

On June 6th, 2013 5 members of the Sales Association were awarded Consultative Sales Certification™ (CSC) at the Sales Association National Sales Conference held in Denver, CO. The Sales Association's mission is to connect the professional sales community, providing its members powerful and strategic means to grow professionally and drive profits.

Kasia Skotnicki, Ron Maes and Jeff Rohr of Comcast Media Group, Jason Enz from the Zygo Corporation, and Eric Tschurwald of JJ Keller have demonstrated required knowledge, on the job application and sales results. These individuals have not only met the requirements of certification, but also demonstrate integrity and a commitment to excellence within their organizations and community.

CSC Program Administrator and CLO of DVR Learning, LLC Marcia Gauger states “While training is a key component of this program, it is application and performance that matters. Through our research we have proven that sales and service performance is enhanced when you concentrate on one competency at a time, deliberately apply the concepts learned during interactions with customers (real life role play) report on your experiences and receive coaching and feedback.”
Graduates have not only demonstrated capability in eight core consultative sales competencies, but have also committed to excellence in each.  CSC graduates subscribe to consultative selling and see themselves as advisors, seeking first to understand.  This goes beyond understanding basic needs.  They seek to understand their customer’s core business, their goals and vision and the motivation for each influencer.  They position their solutions according to the impact on the business and address the individual motivation for each buying influencer.  And, they position value according to each.   Building Value only works if it matters to each particular customer.  Graduates understand the personal motivation and business impact and use this to position solutions and drive outcomes.  

Pictured are; Jeff Arnold- Sales Association Executive Director, Kasia Skotnicki, Comcast Media Sales, Marcia Gauger - CSC program Administrator and CLO, Ron Maes, Comcast Media Sales (CSC Graduates not pictured, Jeff Rohr, Comcast Media Sales and Jason Enz from Zygo Corporation).
Those who earn CSC report increased sales and customer satisfaction. 

The Sales Association is the premier professional society dedicated specifically to sales and business development professionals.
For more information visit www.sa.getcsc.com  .

Congratulations also goes to the Sales Association member Eric Tschurwald from JJ Keller and Associates, Inc. located in Neenah, WI.  Pictured here with Ryan McGovern National Sales Manager at JJ Keller and Marcia Gauger CSC program Administrator and CLO.