Differential Value Proposition presented by GE and Valkre
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Transcript of Differential Value Proposition presented by GE and Valkre
BMA Chicago
January 16, 2013
© 2013 Valkre Solutions, Inc.
Why GE Turned to DVP
© 2013 Valkre Solutions, Inc. 2
According to ISBM the most critical challenges
for business leadership to solve are:
• “More effectively quantify and communicate value created
for customers”
• “Develop approaches to better understand what
customers really need”
• “Find, sense, identify and assess new opportunities for
organic growth”
Motherhood and Apple Pie?
B-to-B Marketing Trends Study 2012
No. The difference
today is Speed
DVP has transformed and improved our approach to these challenges
Business Challenges Addressed
Establish collaboration framework
with a Strategic Account
Prepare for upcoming deal
Build joint growth plan with
customers
Repair weakened/damaged
customer relationships
Create organizational accountability
to execute on behalf of customers
Engage customers off-cycle
Identify new product and service
offerings in a competitive market
Define and quantify a Value
Proposition
Understand gaps/reasoning behind
disappointing products/services
Develop customer-informed growth
plans
Correlate value creation to value
capture
Create internal alignment on what is
valuable to customers
© 2013 Valkre Solutions, Inc. 3
Sales Marketing
DVP and Speed
20 P&L’s, 5 continents, 40 applications … in 1st year
© 2013 Valkre Solutions, Inc. 4
Valkre is a System for Growth
© 2013 Valkre Solutions, Inc. 5
Render® Software:
• Speed, Scale and Cost
• Skill the Organization
4%
Internal
Product
Offering
Logistics
Brand
Name
2%
Customer
Product
Offering
Logistics
Service
Offering
5%
Customer
Opportunity
Product
Offering
Service
Offering
7%
Product
Offering
Logistics
Service
Offering
Target
DVP® Method
• Improve Sales: Purposed Value Data
• Improve Marketing: Big Insights
+
PROMISE
MANAGEMENT
CUSTOMER
UNDERSTANDING
DVP Method
© 2013 Valkre Solutions, Inc.
Internally model how you are
differentiated from competition and
position DVP with Customers
Structured, collaborative customer
conversations to bring a rigorous and
forward looking customer viewpoint
Create accountability on both sides
by linking customer voice to action
and results
INTERNAL
ALIGNMENT
6
Closed loop communication
Measure results
Line of sight accountability
Commercial innovation
Understanding gaps
Growth plans
Deal preparation
Quantify Value
Organizational clarity
Proven path to execute quickly and effectively that delivers impact every step of the way
“Find, sense, identify and
assess new opportunities
for organic growth”
“Develop approaches to
better understand what
customers really need”
“More effectively quantify
and communicate value
created for customers”
The DVP Framework
Sales
25% Sales
15% Sales
10%
Logistics
25%
Logistics
20% Logistics
50% Logistics
30%
Product
offering
50%
Product
offering
40% Product
offering
20%
Service
offering
25% Service
offering
50%
Service
offering
40%
Internalview
Customerview
Incrementalopportunity
Target
10% 7% 5% 12% DVP%
=
Differential profit for
your customer
Amount of revenue
together
+ =
DVP attributes
• How investments impact profits
• Add up to 100 points, forcing
tradeoffs and prioritization
• Backed up by rich qualitative detail
and economic rigor
4 perspectives to build highest priority
opportunities and quantify impact
© 2013 Valkre Solutions, Inc. 7
DVP process … long-term customer engagement
Discover Analyze Decide Execute Measure
Timeframe
Activities
Customer
touch-points
Deliverables
1 month
• Align with
internal
leadership on
DVP in cross-
functional
sessions
• Discuss DVP
with customer
• Preliminary
discussions
• Internal DVP
1 month
• Conduct 90-
min listening
sessions with
customers
• Convert
interview data
into top
differentiators
& top opp’ties
• Interviews
• Hypothesis
refinement
• Customer
DVP
• Opp’ty DVP
1 month
• Build action
plan based on
top opp’ties
• Align on
preliminary
execution plan
• Opportunities
& action plan
• Target DVP
• Action plan
1 month
• Execute and
document
progress
• Communicate
progress
internally and
with
customers
• Execution plan
and metrics
• Scorecard
Ongoing
• Measure DVP
improvement
and financial
outcomes
Monthly virtual
meetings
• Progress
updates
© 2013 Valkre Solutions, Inc. 8
© 2013 Valkre Solutions, Inc. 9
Render® Customer Value Software
Render is the outcome of more than four years of sales and marketing innovation…speed enablement
• Holds the DVP process together
and enables speed and scale
• Sofware-as-a-Service and big
companies
• Marketing’s growing role in
technology
• The changing landscape of central
vs. decentralized buying
• Collaboration enablement
• Stuff on the horizon
DVP Impact: GE GE shared their DVP experience at the BMA
International Conference
“…what we have learned about
DVP is that this is truly a
revolutionary process whereby we
can build a great partnership with
our customers, take from
wherever we are today and take it
to a higher level down the road...”
– Steve Liguori
Executive Director, Global Marketing
General Electric
© 2013 Valkre Solutions, Inc. 10
Take Away
© 2013 Valkre Solutions, Inc. 11
It is an Exciting Time to be in
Marketing!