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Key Account Management - KAM Club launch: Cranfiel ...
Key Account Management KAM Club launch Cranfield U ...
Key Account Management KAM Club launch Cranfield University and ISP collaboration
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Video Transcription
Video Summary
The speaker outlines key developments in key account management and argues that the role is distinct from traditional sales. He highlights five priorities: securing customer profitability, extending core products/services with added value, improving account selection, strengthening governance and risk-reward balance, and enabling customer-driven innovation. Market trends include larger and fewer customers, more sophisticated demands, rising service costs, and a need for co-creation. Profitable key accounts rely not only on pricing, but also on dense cross-functional supplier-customer networks and integrated service offerings that reduce total cost of ownership. He stresses that account selection should consider not just margin and sales potential, but also synergies, technology fit, trust, fairness, and relationship quality. Finally, he frames the key account manager as a “triathlete” balancing commercial, technical, and relational agendas, supported by strong organizational backing and boundary-spanning capabilities.
Keywords
key account management
customer profitability
account selection
co-creation
cross-functional networks
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