"e;This book is crammed with distilled, practical wisdom for key account managers and their directors. Organizations claiming to practise key account management should equip everyone involved with a copy, so they really understand what they are supposed to be doing. Anything less is just old-fashioned selling."e; Developing successful business-to-business relationships with more customers in highly competitive markets requires processes and skills that go beyond traditional selling activity. The very best state-of-the-art strategies are set out clearly in this book by intentionally known authors who have worked at the highest levels with more key and strategic account managers worldwide than probably any other leading advisors. Based on the hugely influential KEY CUSTOMERS it looks at: Why has account management become so critical to commercial success? What are the key challenges and how do successful companies respond? What part does key account management play in strategic planning? How do companies build profitable relationships with their customers? How does key account management actually work? What does a successful key account manager look like and what skills does he/she need? How should key account managers be evaluated and rewarded? How do companies achieve key account management? By addressing these key questions Woodburn and McDonald provide tools and processes for success honed by tough consultancy projects with the boards of some of the world's leading companies. The book stresses the elements that really matter - from developing a customer categorization system that really works and analyzing the needs of key accounts; to understanding the new skills required by key account managers and ensuring that key account plans are implemented. The 'real world' approach is backed by tested principles and the latest research from the renowned Cranfield School of Management. Key Account Management comes from authors who have taught leading companies how to approach their most powerful and demanding customers and still make money. It is essential reading for all senior management with strategic responsibility, for key or strategic account directors, and for marketing and sales executives. The clear and authoritative approach also makes it an outstanding text for the serious MBA and executive student as well as business-to-business company directors and key account managers.

"This book is crammed with distilled, practical wisdom for keyaccount managers and their directors. Organizations claiming topractise key account management should equip everyone involved witha copy, so they really understand what they are supposed to bedoing. Anything less is just old-fashioned selling."Developing successful business-to-business relationships withmore customers in highly competitive markets requires processes andskills that go beyond traditional selling activity. The very beststate-of-the-art strategies are set out clearly in this book byintentionally known authors who have worked at the highest levelswith more key and strategic account managers worldwide thanprobably any other leading advisors. Based on the hugelyinfluential KEY CUSTOMERS it looks at:* Why has account management become so critical to commercialsuccess?* What are the key challenges and how do successful companiesrespond?* What part does key account management play in strategicplanning?* How do companies build profitable relationships with theircustomers?* How does key account management actually work?* What does a successful key account manager look like and whatskills does he/she need?* How should key account managers be evaluated and rewarded?* How do companies achieve key account management?By addressing these key questions Woodburn and McDonald providetools and processes for success honed by tough consultancy projectswith the boards of some of the world's leading companies. The bookstresses the elements that really matter - from developing acustomer categorization system that really works and analyzing theneeds of key accounts; to understanding the new skills required bykey account managers and ensuring that key account plans areimplemented. The 'real world' approach is backed by testedprinciples and the latest research from the renowned CranfieldSchool of Management.Key Account Management comes from authors who have taughtleading companies how to approach their most powerful and demandingcustomers and still make money. It is essential reading for allsenior management with strategic responsibility, for key orstrategic account directors, and for marketing and salesexecutives. The clear and authoritative approach also makes it anoutstanding text for the serious MBA and executive student as wellas business-to-business company directors and key accountmanagers.

Foreword by Martin Lamb.Acknowledgements.The purpose of this book.Before you read this book!List of figures and tables.1 The crucial role of key account management.2 Selecting and categorizing key customers.3 Relationship stages.4 Developing key relationships.5 The buyer perspective.6 Key account profitability.7 Key account analysis.8 Planning for key accounts.9 Processes - making key account management work.10 The role and requirements of key account managers.11 Performance and rewards in KAM.12 Organizing for key account management.13 Transitioning to KAM.Further reading.Integrated fast track.Mini-cases.Index.