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Home » Selection and categorisation of key accounts » Page 4

Selection and categorisation of key accounts

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Papers and articles

Why are senior managers (not) involved with their firm’s most important customers? (In brief)

This very brief summary of conclusions from Victor Wullink’s Masters thesis gives a flavour of what he discovered from interviewing seven very different companies. He found that a relationship exists between the degree of KAM embeddedness in a firm and top management involvement. Its importance in terms of acquiring and retaining customers depends on customer perceptions, particularly when the product can be…

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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

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

Is Key Account Management the same in large and small companies?

Short paper from Bulletin No 1. Following the AKAM workshop in June 2017, Olivier Riviere concludes that size doesn’t matter for the fundamentals of KAM. But KAM, whatever its degree of sophistication, requires more resources than plain Account Management, and if those resources are allocated to KAM, they cannot be used for another purpose. So there…

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Diagnostics and tools

Valuing Key Accounts

No companies have unlimited resources, and even if they do, they still consider carefully where to apply their time and money to get the best return. Financial arguments can be and should be applied to key accounts as much as to any other funding decision. This approach shows you how to calculate the Net Present Value (NPV)…

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Case Studies

Focus on key customer differentiation

Zaris is a security company with three strategic business units and five key customers that represent over 20% of its business. The case study outlines the financials and a short portrait of each customer. This poses questions about the selection and categorisation of key customers; customer profitability; allocation of key account managers to key accounts; objectives…

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Member Resources

Customer gifts?

Mini cases | Opportunities to develop new business are always appealing – or are they? Key account teams should look objectively at these two cases by Dr Beth Rogers, and afterwards discuss whether you would respond differently or in the same way in your own business. Are you capable of looking a gift horse in…

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Member Resources

Managing key customers

Mini cases | It’s nonsense to pretend that everything will go well and smoothly all the time, so it’s important to prepare for when things go wrong. These three cases pose a range of problems to deal with – all very real situations. It’s not always your company’s fault, but issues still need to be…

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Competencies

Strategic Alliance Management

Strategic Alliance Management is a growing area that allows key account managers to broaden their differentiated value propositions to clients. They need to look for partners with adjacent or complimentary capability to that of their own organisations’. There are different commercial models that can be applied outside of a formal Joint Venture, including introducer, prime…

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Member Resources

Think big, act small

Armelle Dupont demonstrated the importance of objective, criteria-based account selection over the intuitive and often backward-looking selection applied by SMEs (and bigger companies too). The Loccioni story was told from the point of view of a key account manager, Mattias Bernhard, which highlighted a different selection and operating approach for only partly dedicated key account managers in a common SME…

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