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Metrics

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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

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

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

Performance in Key Account Management

Defining performance in key account management is not simple. As a first step, companies should articulate what they want and expect KAM to do for them and link the required performance of key account managers to it. Some companies introduce KAM in order to retain their most important customers but then frustrate their own intention…

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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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Papers and articles

The trouble with targets in KAM

Short paper from Bulletin No 1. Targets are a commonly used device in sales management, but are they appropriate in key account management? They are normally closely linked with rewards, which is what companies expect and intend, but it is critical that reward schemes are seen as fair, and targets are the element most likely…

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Papers and articles

Managerial implications of KAM research

Review of what academics say about KAM from Professors Björn Ivens and Catherine Pardo. They give clear indications of best practice in a number of critical management approaches, some still commonly overlooked. Are your management practices aligned with researched knowledge of KAM?

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Diagnostics and tools

Negotiating with key accounts: The Power Grid

The Power Grid is a simple and effective way of maintaining focus on ensuring the right strategy and overall approach is used when developing or negotiating with key accounts. Recommended by Alistair Taylor.

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