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Key account strategies

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Papers and articles

Integrating science – metrics – into the SAM/KAM process

Metrics are predictors: they provide key insights and calibrations to a cross-functional team on performance, value, adaptability, and alignment to accounts and markets. They enable organizations to take the right actions now and institutionalize excellence. In this article Denis Chapman proposes 5 key metrics and 7 tips for implementing a metric-generating approach, plus a litmus test on…

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Papers and articles

Three level model of KAM metrics

‘Who cares?’ is a great question to kick off the development of a KAM metric system. Because if nobody wants to know and is ready to act on the information, there’s no point in collecting the data. This question and ‘What would they want to know about KAM?’ drove the development of this three-tier model…

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Papers and articles

Collaboration beats commoditisation

Collaborative thinking allows organisations to apply their capabilities and resources to expand propositions. But it’s not so simple. Collaboration and integrated approaches can increase customers’ perception of risk and trigger internal friction. At the same time, formal contracts often feel more like ‘contracting for failure’ and can be really divisive. But David Hawkins of the Institute for…

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Papers and articles

Selling v KAM: what’s the difference?

Key Account Management and selling are not the same thing. Key Account Management does not mean selling to big customers – it is not just a higher form of selling or a synonym for selling to the C-Suite. KAM is very likely to engage with the customer’s C-Suite, but the process will involve much more than the…

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Papers and articles

The future of Key Account Management

Is key account management still the right thing to do with major customers? The business environment has suffered several shocks in the past few years, and ways of doing business need to respond: sometimes business models have to be reconfigured. How should/will KAM change in the next few years? Dr Beth Rogers considers the future…

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Papers and articles

Gaining better outcomes from negotiations with key accounts

Feeling relieved to have won some business from tough conversations with their key accounts, suppliers often fail to identify the value they have missed out on as a result of poor negotiations. Many supplier organisations would benefit from a strategic, top down look at their negotiations with their high value, long term and often complex key customers. …

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Papers and articles

Quelle segmentation pour ses comptes stratégiques?

Ce n’est pas tout de vouloir mettre en place des comptes stratégiques, encore faut-il savoir les sélectionner. Lors de la conférence de l’Association des Key Account Managers (AKAM), le professeur Sisti, professeur de marketing et de vente à la Bocconi, a donné quelques indications. Parmi les éléments à prendre en compte : lier la segmentation…

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Papers and articles

Are you really managing key account risk?

Risk awareness has always been in the long list of skills required of key account managers, but it is rarely high enough on the list, and awareness is not enough anyway. Being in business is about managing risk as well as making profits. Most risk is considered as financial, and while the ultimate impact may…

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Papers and articles

Essential elements of strategic account plans

Strategic account plans sit at the core of KAM: they specify the value to be offered to the customer and received by the supplier. They should be what gets done, and yet very little has been written about them. This paper lays out the essential elements of strategic account planning: the purpose of strategic account…

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Papers and articles

Shareholder value measurement – essential for the future

For companies with a degree of sophistication in KAM, Malcolm MacDonald, Emeritus Professor at Cranfield School of Management, introduces the idea of Shared Value Added (SVA) and explains its importance in valuing customers to make critical strategic decisions about their business. Investing in customers is an alien concept for many people, including accountants holding the purse…

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