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EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT EXECUTION © 2014 VALKRE SOLUTIONS, INC. Using Technology to Speed-up Collaboration and Value Co-Creation

VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

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Page 1: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT EXECUTION

© 2014 VALKRE SOLUTIONS, INC.

Using Technology to Speed-up Collaboration and

Value Co-Creation

Page 2: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

TODAY’S GOAL

Help you identify ways to speed-up

collaboration and value creation with

customers like these:

1 © 2014 VALKRE SOLUTIONS, INC.

Page 3: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

STRATEGIC VALUE SELLING PRIORITY AREAS

2 © 2014 VALKRE SOLUTIONS, INC.

Page 4: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

3

CHALLENGE

© 2014 VALKRE SOLUTIONS, INC.

Page 5: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

SITUATION: COMPANY

© 2014 Valkre Solutions, Inc. 4

COMPANY Your organization is

Complex

Focused on Profitability

not Value Delivered

Your Competitors Are

Working On This Too

Growth Requires

Collaboration

Page 6: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

Your Customers Are Complex

Focused on Cost Versus Value Received: Priceberg

Their Competitors Are Working On This Too

Growth Requires Collaboration

SITUATION: CUSTOMER

© 2014 Valkre Solutions, Inc. 5

CUSTOMER

Page 7: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

CHALLENGE: COLLABORATION AND CO-CREATION

6

You help your

Customer

make more

money

You

understand

their business

challenges

You are

committed to

help solve

challenges

CUSTOMER COMPANY

In a complex environment, collaboration and value co-creation means:

© 2014 VALKRE SOLUTIONS, INC.

Page 8: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

7

SOLUTION

© 2014 VALKRE SOLUTIONS, INC.

Page 9: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

PROCESS SUPPORTED BY TECHNOLOGY IMPROVES COLLABORATION AND VALUE CO-CREATION

8

DEFINE VALUE PROP

The underlying

basis of value

LISTEN TO FEEDBACK ON VALUE PROP

Collaborate on

how you are

creating value

IMPROVE VALUE PROP

Co-Creation to

improve value

delivered

© 2014 VALKRE SOLUTIONS, INC.

Page 10: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

DEFINE VALUE PROP

9 © 2014 VALKRE SOLUTIONS, INC.

How you help your Customer

make more money

Page 11: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

VALUE PROP: EXECUTION CHALLENGES

10

Difficult to communicate and

track value

Misaligned Internally

Not quantified

Not differential

Cannot find it when need it

COMPANY

SAM

© 2014 VALKRE SOLUTIONS, INC.

Page 12: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

VALUE PROP: REQUIREMENTS

11 © 2014 VALKRE SOLUTIONS, INC.

Page 13: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

VALUE PROP: REQUIREMENTS

12 © 2014 VALKRE SOLUTIONS, INC.

What you do to

help your customer

better

Page 14: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

VALUE PROP: REQUIREMENTS

13 © 2014 VALKRE SOLUTIONS, INC.

Who you help

Page 15: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

VALUE PROP: REQUIREMENTS

14 © 2014 VALKRE SOLUTIONS, INC.

How you help

Page 16: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

VALUE PROP: REQUIREMENTS

15 © 2014 VALKRE SOLUTIONS, INC.

Story Details

Page 17: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

VALUE PROP: REQUIREMENTS

16 © 2014 VALKRE SOLUTIONS, INC.

What it is worth

Page 18: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

© 2014 VALKRE SOLUTIONS, INC. 17

DVP helps

customers

understand:

The differential

value we deliver

today

The customer

metrics we impact

The economic value

of benefits delivered

DVP connects Offerings

to customer business

metrics

Quantification of

customer benefits

VALUE PROP: IN ACTION AT GE Created & quantified internal perspective on the Differential Value Proposition (DVP)

Page 19: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

18 © 2014 VALKRE SOLUTIONS, INC.

LISTEN TO FEEDBACK ON VALUE PROP You understand their business

challenges

Page 20: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

FEEDBACK: EXECUTION CHALLENGES

19

Difficult to incorporate into

everyday operation of the

business

Feedback not actionable

Getting internal organization

to act and align

Customer does not sense

collaboration

No historical library

SAM

CUSTOMER

© 2014 VALKRE SOLUTIONS, INC.

Page 21: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

FEEDBACK: COLLABORATIVE APPROACH

20

SAM

CUSTOMER

© 2014 VALKRE SOLUTIONS, INC.

Obtain customer

perspective on two

dimensions:

1 CURRENT “How does our Offering

deliver value to you

today vs. your next best

alternative?”

2 FUTURE “How can our Offering

improve or evolve to

deliver more value in the

future?”

Get Feedback

from

Customers on

your Value

Proposition

Page 22: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

FEEDBACK: CUSTOMER PERSPECTIVE

21 © 2014 VALKRE SOLUTIONS, INC.

Page 23: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

FEEDBACK: CUSTOMER PERSPECTIVE

22 © 2014 VALKRE SOLUTIONS, INC.

How you think

you help your

Customer

Page 24: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

FEEDBACK: CUSTOMER PERSPECTIVE

23 © 2014 VALKRE SOLUTIONS, INC.

Your Customer’s

perspective on how

you help them Today

Page 25: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

FEEDBACK: CUSTOMER PERSPECTIVE

24 © 2014 VALKRE SOLUTIONS, INC.

How you can help

your Customer

Tomorrow

Page 26: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

FEEDBACK: CUSTOMER PERSPECTIVE

25 © 2014 VALKRE SOLUTIONS, INC.

Top Challenges

Page 27: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

FEEDBACK: CUSTOMER PERSPECTIVE

26 © 2014 VALKRE SOLUTIONS, INC.

Feedback Detail

Page 28: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

© 2013 Valkre Solutions, Inc. 27

FEEDBACK: IN ACTION AT GE DVP is best process to listen to customers and discover what matters most to them

GE’s Internal perspective vs.

Customer view on how GE helps today vs.

How GE can help in the future

Immediately

increased

collaboration

and mutual

engagement

Internal org

understands

and acts on

feedback when

framed in terms

of the Value

Prop

Page 29: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

28 © 2014 VALKRE SOLUTIONS, INC.

IMPROVE VALUE PROP You are committed to help solve

challenges

Page 30: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

IMPROVEMENT: EXECUTION CHALLENGES

29

Hard to link across

business silos

Accountability of

improvement initiatives

Lack visibility of

scorecards to customer

Not connected to selling

value

SAM

CUSTOMER

COMPANY

© 2014 VALKRE SOLUTIONS, INC.

Page 31: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

IMPROVEMENT: REPORTS

30 © 2014 VALKRE SOLUTIONS, INC.

Page 32: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

IMPROVEMENT: COLLABORATING

31 © 2014 VALKRE SOLUTIONS, INC.

Customer Facing

Reports

Page 33: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

IMPROVEMENT: COLLABORATING

32 © 2014 VALKRE SOLUTIONS, INC.

Broad Visibility and

Access to Initiative List

Page 34: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

IMPROVEMENT: COLLABORATING

33 © 2014 VALKRE SOLUTIONS, INC.

Progress Tracking

Page 35: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

IMPROVEMENT: COLLABORATING

34 © 2014 VALKRE SOLUTIONS, INC.

Access to News

and Feedback

Page 36: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

IMPROVEMENT: IN ACTION AT GE GE workout session with customer leadership identified critical growth themes which are

being jointly executed to create value for both.

Render quickly analyzes

feedback and helps companies

prioritize outcomes

Real time collaboration tools

keep GE and customer

accountable for driving results

Page 37: VALKRE | Value Solutions - EXCELLENCE IN STRATEGIC ACCOUNT MANAGEMENT …valkre.com/papers/Valkre and GE Presentation at Strategic... · 2020-07-07 · KEY LEARNINGS The Solution

KEY LEARNINGS

The Solution Scales: GE Globally

The #1 best solution, supported by technology, for gaining access to your customer’s senior leadership

Once you gain access, it’s up to you to do “the real work”… keeping & maintaining executive relationships

We are NEVER as good as we think we are…. SCARY!

Can be the critical “wake up call” your company needs to focus on what customers really care about

Enables true cross functional alignment… it helps you cut through the matrix

© 2014 VALKRE SOLUTIONS, INC. 36