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9780071417525

The Seven Keys to Managing Strategic Accounts

by ; ;
  • ISBN13:

    9780071417525

  • ISBN10:

    0071417524

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 2003-04-29
  • Publisher: McGraw Hill

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Summary

Strategic accounts are your firm's lifeblood; they play a critical role in its success or failure. The Seven Keys to Managing Strategic Accounts is filled with best practices and examples of how to intelligently manage key interactions and relationships with these vital accounts -- for greater loyalty, higher profitability, and consistent competitive advantage. Book jacket.

Author Biography

Sam Reese is president and CEO of Miller Heiman.

Table of Contents

Prefacep. xiii
Why This Book?p. xiii
What Qualifies Us to Address This Topic?p. xiii
Who Will Benefit from Reading This Book?p. xv
What Is a Strategic Account?p. xv
S4 Consulting Acknowledgmentsp. xvi
Miller Heiman Inc. Acknowledgmentsp. xvii
For the Reader Thinking, "I Can't Read the Whole Book. Which Chapters Would Help Me Most?"p. xvii
Introduction: What Is Strategic Account Management?p. 1
What Is Strategic Account Management?p. 1
How Does Strategic Account Management Differ From Key Account Selling?p. 2
Key Account Selling Programs and Strategic Account Management Programs: A Comparisonp. 3
Reynolds & Reynolds--Southeast Toyota: An Example of Alignmentp. 10
The Benefits to Southeast Toyotap. 12
The Benefits to Reynolds & Reynoldsp. 14
The Future of the Reynolds & Reynolds SET Relationshipp. 14
Getting Everyone Headed in Roughly the Same Direction: What Didn't Work
Key 1: Define Strategic Account Management as a Business Rather Than a Sales Initiativep. 19
Create Cross-Functional Executive Leadershipp. 20
Understand and Align Around Accounts' Business Challengesp. 21
Start Strategic Account Management Programs as Business Initiatives: Honeywell Industrial Automation and Control Solutionsp. 23
The Minnesota Power Storyp. 28
Drivers for Minnesota Power's Strategic Account Realignmentp. 28
What Key Players Did to Strategically Realign Minnesota Powerp. 29
Initial Successes in Minnesota Power's Strategic Realignmentp. 31
Minnesota Power Realigns Around Critical Customersp. 33
Why Minnesota Power Succeeded at Strategic Realignmentp. 34
Define Strategic Account Management as a Business Rather Than a Sales Initiativep. 36
Key 2: Create Firm Alignment and Commitment to Meet Strategic Accounts' Needs and Expectationsp. 37
What Is Organizational Alignment?--Three Critical Elementsp. 38
What Are the Benefits of Alignment?p. 41
What Makes Alignment So Difficult?p. 44
How Can a Firm Create Organizational Alignment?p. 46
How Account Aligned Is Your Firm?p. 46
Knauf Fiberglass Case--Video Focus Groups and Employee SWAT Teamsp. 52
Marriott International's Alliance Account Directors and Their "Volunteer Army"p. 55
Create Firm Alignmentp. 60
Key 3: Start with the Right Number of the Right Strategic Accountsp. 61
Ways to Examine Strategic Accountsp. 62
How to Conduct a High-Level Portfolio Analysis: The Six-Question Meetingp. 66
The GfK Custom Research Inc. Story: How One Firm Cut 66 Percent of Its Customers, Doubled Its Revenues, Tripled Its Margins, and Won the Baldrige Awardp. 71
Using Strategic Account Selection Criteriap. 76
Start with the Right Number of the Right Strategic Accountsp. 78
Tactical Issues in Strategic Account Management ... Ironbolt Steel and Executive Visits: What Didn't Work
Key 4: Create Human Resources Support for Strategic Account Managersp. 83
How Do We Select Strategic Account Managers?p. 86
The H. R. Chally Strategic Account Manager Competency Modelp. 87
The S4 Consulting Strategic Account Manager Competency Model Categoriesp. 93
How Do We Develop Strategic Account Managers?p. 95
Strategic Account Manager Training: The Motorola LMPS Storyp. 95
How Do We Assign Strategic Account Managers?p. 101
How Do We Pay Strategic Account Managers?p. 105
The IBM Global Storyp. 108
Create Human Resources Support for Strategic Account Managersp. 111
Key 5: Create Firmwide Relationships at Multiple Levels of Relationships between the Firm and Its Most Critical Accountsp. 113
Relationship Map Checklistp. 117
The Strategic Account Loss Cyclep. 119
Preventing the Strategic Account Loss Cyclep. 123
The U.S. West/Dayton Hudson Storyp. 124
The 3M/IBM Storage Storyp. 127
Create Firmwide Relationshipsp. 128
Key 6: Regularly Quantify and Communicate the Value Received from and Delivered to Strategic Accountsp. 131
Quantify the Value Strategic Accounts Providep. 132
Boise Office Solutionsp. 138
Quantify the Value Delivered to Strategic Accountsp. 143
The Holland Hitch storyp. 144
The National Office Supplies Storyp. 146
Regularly Quantify and Communicate the Value Received from and Delivered to Strategic Accountsp. 150
Key 7: Use Technology Judiciouslyp. 153
A High-Level Overview of CRM Systems Challengesp. 154
Seven Steps to Successful Systems Implementation for Strategic Account Management Programsp. 157
The UPS Story: The Development of the LINK Systemp. 163
Use Technology Judiciouslyp. 167
From Analysis to Action ... Ticonderoga Chemical and Strategic Account Management: The Payoff
Conclusion: From Analysis to Action: Moving the Game Forwardp. 173
Benefit Number One: Strategic Account Management's Sustainable Competitive Advantagep. 175
Benefit Number Two: Strategic Account Management's Greater Account Loyaltyp. 177
Benefit Number Three: Strategic Account Management's Greater Account Profitabilityp. 179
The Marriott-Deloitte & Touche Storyp. 180
The Value Delivered to Deloitte & Touchep. 181
The Value Delivered to Marriott Internationalp. 182
A Game Plan for Moving Forwardp. 183
The Getting-Started Actionsp. 183
Resultsp. 186
Referencesp. 189
Indexp. 191
Table of Contents provided by Rittenhouse. All Rights Reserved.

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