Gerald's words apply in all aspects of business, including and especially how we engage with clients. To be successful, client facing teams must bring something of value to each engagement and be genuine and credible when doing so. This won't happen unless client teams are structured and equipped appropriately. That's where we can help.
We believe:
Having a successful model requires management to actively own and operate the design and implementation process.
Advisors can help, but management must own
We help:·
Client Management Advisory Services -- Helping leaders think through the appropriate structure and practices for growing and managing client relationships·
Effective Sales Practices -- Helping teams acquire “customer vision” so they understand their clients better and can deliver solutions that they want to buy
Our practice is based is different to traditional consultants or trainers. We employ an efficient, cost-effective approach based on hands-on operating experience.
We partner with leaders to craft a model that best suits their organization's needs. We tap into your team's institutional and client knowledge and couple them with over 20 years of successful experience to help you implement a structure that best meets your situation.
Our process:
· Engage you in thoughtful individual and team discussions to help you build consensus around your key goals, opportunities, and challenges
· Help you design a structure that aligns best with your clients and the rest of your organization
· Enable you to execute a well-controlled implementation plan
· Share insights into proven practices so you can determine what works best for your organization
· Develop a set of Key Performance Indicators so you can identify necessary adjustments to the model
Our experience:
· Helped a Top 20 US Bank design an enterprise client management solution to build stronger relationships and drive revenue growth based on their product and market mix.
Helped a division head at a major global banking organization design and implement an organizational and operating structure to increase market penetration and grow revenue.
Helped a sales manager at newly established Learning & Development organization improve sales practices resulting in a 200% year over year revenue increase
Our background:
Restructured the go-to-market practices resulting multiple years of double-digit sales growth and major industry wins
Revamped the sales planning process to increase efficiency and drive better alignment across product teams
Successfully integrated two large two relationship teams that used different operating practices following a merger
· Harnessed eight different product teams to create effective cross-business solutions
Built a book of business that exceeded $500 million over 11 years covering more than 12 products
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Traditional sales training tends to focus on technique or process. While these are important, this type of training often fails to produce sustainable improvement because leaders do not reinforce it with coaching.
The reality is that many sales leaders do not have the bandwidth or expertise to coach their teams effectively. Also, the "gravitational pull" of old habits is intense. In light of these facts it is not surprising that many teams slip back to their old ways.
WE TAKE A DIFFERENT APPROACH TO ENHANCING SALES PERFORMANCE
We don't try to teach technique or process.
We help teams acquire Customer Vision.
Using an innovative blend of coaching, design thinking, storytelling, and consultative sales practices
we enable teams to look at situations through the client's eyes and develop effective strategies they are confident and comfortable executing.
OUR PROCESS IS SIMPLE, EFFECTIVE AND EASILY ADOPTED
Simply put, it enables teams to bring out the best in themselves.
We work with diverse groups including:
And we cover a broad suite of activities, including:
We put a client focused lens on each situation and through a facilitated discussion help the team develop the strategy and messaging. Our process enables teams bring their full selves to the discussion and develop creative, credible and executable solutions.
And that way, they win.
Reality: Clients have become very good at tuning out the barrage of messages coming at them.
Consequence: You need messages that readily come to mind when the need arises
Our Solution: We help you develop messages that tap into "business emotions" that grab and occupy client mind-space
You Get: Impactful messages for existing clients that make them want to do more with you and prospects that make them want to try your offering
Reality: Although clients frequently want to take full advantage of a provider's capabilities, many firms struggle to generate a flow of qualified internal referrals
Consequence: You need to make it easy to generate referrals
Our Solution: We help break down the barriers and enable your teams to deliver the full capabilities of your firm to clients
You Get: Increased collaboration and growth in the number of qualified referrals generated by your teams
Reality: Sometimes client relationships can dull, engagement falters and revenue flatlines or declines
Consequence: You need ways to keep things fresh and interesting
Our Solution: We help you develop strategies that leverage your client and industry knowledge to reignite relationships and restore growth
You Get: An action plan your team can execute confidently
Reality: When products and services are similar, clients often fail to perceive much difference across providers, except price
Consequence: To avoid a price war, you need to be able to differentiate your offering in other ways that are valuable to the client
Our Solution: We help teams leverage their client, industry and product knowledge to create impactful deal strategies and messages that resonate
You Get: A deal strategy and storyline that can be incorporated into RFP responses, client presentations and site visits
Situation: A company had entered a new market via acquisition and was bidding on a large opportunity.
Challenges: The main competitor was a dominant market leader with much more experience.
Solution: The customer vision exercise enabled the team to develop a comprehensive strategy. The competitive positioning session ensured they could positively differentiate themselves and handle objections
Outcome: A win that shocked the industry
Situation: A major boutique asset manager was having service issues with incumbent and tested the market
Challenges: The boutique structure involved more decision makers. The business is notoriously sticky with little differentiation amongst providers and periodic service issues were common to all providers.
Solution: Insights from the customer vision exercise, were incorporated into story that articulated the need for change and a compelling vision for the future
Outcome: All boutiques elected to switch.
Situation: A major state pension fund noted for regularly changing providers went to RFP
Challenge: The services provided were a commodity, and the RFP exercise was frequently used to secure fee reductions. The client was very used to switching providers.
Coaching: The customer vison exercise enabled the team to leverage their client insights and framed in a message of Why Stay
Outcome: Message resonated with key decision maker. Business was retained with only marginal fee concession.
Situation: A merger of two companies put a book of business at risk
Challenge: The client was the acquired party and expense reduction through consolidation was a key goals of the merger
Coaching: The customer vision exercise enabled the team to understand the challenges the merger created for the decision makers and develop a strategy to influence their decision criteria.
Outcome: The entire book was consolidated with the provider for the acquired firm.
Our innovative revenue growth solutions are based on three principles:
1. All parts need to connect:
Put simply, your total message needs to fit together seamlessly.
2. Value is in the eye of the beholder
In other words, it's all about the client
3. It has to be easy, fun and clearly value-added.
Our Process:
We work with the team or deal leads to understand your situation and goals, and guide them through the prep process of identifying and briefing the participants and other logistical issues. Our sessions are facilitated dialogues that enable the help teams to focus on and connect the dots across the critical components of any deal or relationship:
Our solutions can be applied at each stage of the sales process and have been particularly effective in:
Our solutions are delivered via facilitated sessions, virtually or in-person. We work with the business leaders to understand the need and tailor the session accordingly.
Sessions can be done as part of a live deal or client review exercise, but can also be a component of an Offsite
For large groups we may leverage one of our trusted affiliates to ensure your teams have the best experience possible.
Post session we provide email and phone/video support to ensure your team is best positioned to succeed.
For major deals we offer presentation coaching to ensure your team is ready to shine on the big day.
Our process was designed by sales practitioners, not consultants, and have been proven to be effective across a broad suite of products and services.
It complements technique-based training well, enabling teams to identify ways to apply those techniques prior to the client meeting.
It is an action oriented exercise and has the two most important qualities for successfully engaging sales teams -- it's fun and it's effective.
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