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The Challenge:
A global supplier of flavors to the
Food industry was facing increasing
customer purchasing power, and the
threat of becoming commoditized. The
organization therefore sought to change
the nature of its customer relationships.
Critical success factors included
a Key Account Partnership approach
for its top 10 global customers, and
the development of cross-functional
'Key Account Teams' to serve the target
customers. This modified approach
required that new capabilities (skills,
processes and behaviors) be developed
throughout the organization.
The Approach:
Market Edge worked with the client
to define the capabilities necessary
to deliver the strategy. These included
traditional skills (e.g. negotiating
winwin solutions) and new capabilities
(for instance building shared scorecards).
Market Edge conducted an assessment
that compared required capabilities
with the current abilities to generate
a gap analysis. A corresponding development
program was designed and delivered
to the Key Account Teams.
The Outcome:
Each Key Account Team participated
in a series of workshops, learning
ways in which to apply new process
and skills to target accounts. When
the program concluded, each team had
begun the implementation of a specific
Key Account Partnership.
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