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Account Planning

Dean Crawford

Created on August 17, 2022

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Transcript

Where We're Going - Account Planning

Est. Time - 25 min.

Follow the animations to know where to click, or use the arrows at the bottom of the slide to advance to the next screen

Account Planning Overview

Overview

Account Planning

Understanding how to maximize available insights in order to win more deals

Let's Get Started

In this module we will:

1.

Review the key components to understand and manage Account Plans

2.

Check what you've learned with a Knowledge Review

Are you ready?

Yes

Click on any title to go directly to that section

Import Opportunities
Overview
Creating a Plan
Insight
Knowledge Check
Objectives
Deal Review
Relationships

You Are Here

Account Planning: Overview

Planning and strategizing to maximize revenue

Next

The Purpose of Account Planning

Planning and strategizing about maximizing revenue from your customers is essential

Account Planning helps you deepen your understanding of your customer's business

It helps you grow existing revenue, and also uncover additional revenue, that may otherwise remain hidden

Access Account Plans

To view Account Plans, click on the Accounts tab on My Dashboard

Here, you can access all of your Account Plans

Access Account Plans

You can also get to your Account Plan from within an Account Record

Go to an Account and click on the Account Plan tab

Access Account Plans

Overview of the Account Plan

Click on the icons below for high-level descriptions of the Account Plan page

Click on any title to go directly to that section

Relationships
Creating a Plan
Insight
Knowledge Check
Objectives
Overview
Deal Review
Import Opportunities

You Are Here

Creating an Account Plan

Create an Account Plan to undertstand the customer's business

Next

Account Planning: Creating an Account Plan

An Account Plan helps you to build long-term business relationships in a complex marketplace

Create a new Account Plan from My Dashboard

Click here to create a new Account Plan

Account Planning: Creating an Account Plan

You can also create a new Account Plan from the Accout Plans tab within an Account Record

Click here

Click New Account Plan

Account Planning: Creating an Account Plan

After you have clicked "New Account", you'll be brought to the Account Planning Setup Wizard

The Setup Wizard has 5 pages - this is the General page

Enter the Account Plan name

Select Account Plan

Click Next

Account Planning: Creating an Account Plan

This is the Team page

Add team members to the Account Plan

Adjust Plan Access

Add team members

Select a Chatter group

**This is optional

Click Next

Account Planning: Creating an Account Plan

This is the Account Structure page

Add Accounts to the Account Plan

Or you can add Accounts to be displayed individually within the Plan

You can choose to add Accounts within groups in your plan (Roll Up Rows)

Account Planning: Creating an Account Plan

After you have added Accounts, take a moment to review what you have selected before moving forward

Click to group Accounts

Click the target icon to indicate Accounts that require focus within the Account Plan

Account Planning: Creating an Account Plan

This is the Solutions page

Add the solutions that you intend to sell

Drag individual solutions from the left box to the right box in order to add them

Account Planning: Creating an Account Plan

This is the Targets page

Add in the projected Account Planning period and Revenue Target

Add the end date

Enter the Target Revenue amount

Click here to finish creating the Account Plan

Click on any title to go directly to that section

Creating a Plan
Overview
Import Opportunities
Relationships
Insight
Knowledge Check
Objectives
Deal Review

You Are Here

Import Opportunities

Bulk Import Opportunities into your Account Plan

Next

Account Planning: Import Opportunities

Bulk Opportunity import enables you to quickly add a batch of current and won Opportunities to your Opportunity map at the same time

Click here to bulk import Opportunities

Account Planning: Import Opportunities

Review the Opportunities that show up when you enter this view

This lists all current and won Opportunities belonging to any Accounts associated with the plan

Click on the check boxes to select the Opportunities that you want to import

**Click for more

Account Planning: Import Opportunities

Associate a solution with each Opportunity, then finish to import all Opportunities

The Opportunities you selected are listed here

Select the Solutions that accompany each Opportunity

Click here to Import

Click on any title to go directly to that section

Relationships
Deal Review
Overview
Import Opportunities
Knowledge Check
Objectives
Insight
Creating a Plan

You Are Here

Relationship Maps

Powerfully illustrate the Relationships that matter

Next

A little on Relationship Maps...
Relationship maps help your Account Team develop and maintain relationships with the individuals that help you achieve your revenue targets

The Account Relationship Map Visualizes:

The relationships between people

The politics that may affect business decisions

Your level of support and coverage with individuals

The high-priority relationships you need to develop

Relationship maps are built on an Account basis and not to the whole plan, therefore, an Account Plan can have multiple Relationship maps

Account Planning: Relationship Maps

To go to a Relationship Map, scroll to the bottom half of the Account Plan Overview page

Click on "Go to Relationships"

Click Here

Account Planning: Relationship Maps

Relationship Maps are about understanding the people and the politics involved in the customer's buying decision

The map provides a visual representation of people, and their relationships, within an Opportunity or Account.​ Any given Relationship Map will help current deals, and future deals, becuase the selling Account team can copy the relationship to any other Opportunity.

Red lines indicate a conflict

Click here to indicate:

  • Political status
  • Buying role
  • Support Role
  • Depth of prior contact

Green lines indicate a positive influence

Click on contact cards and drag them around the board as you need

Account Planning: Relationship Maps

Each person on the map has a contact card. This makes it easy to see how everyone is connected, formally and informally, with other contacts involved in buying decisions.

Hover over the icons for more information

Account Planning: Relationship Maps

Create or Import Contacts to get started

Click here to Import contacts for your map

Click here to create contacts for your map

Account Planning: Relationship Maps

Click a contact within the Relationship to view/add more detailed information about that individual

Navigate through this bar to:

  • Add actions and decision criteria
  • View insights & relationships

View and edit information specific to an individual

Click on any title to go directly to that section

Import Opportunities
Creating a Plan
Overview
Insight
Knowledge Check
Objectives
Relationships
Deal Review

You Are Here

Insight Maps

Understand the story of your customer's business

Next

A little on Insight Maps...

Insight maps gives you an easy way to develop a compelling story about the customer's business issues

Within Insight Maps you can:

Quickly add ideas to the insight map

Share your insights with colleagues working on similar Opportunities

Structure the insights into a coherent story of the customer's business issues

Organize the insights into sections that tell substories

Insight maps are built on an Account basis and not to the whole plan, therefore, an Account Plan can have multiple Insight maps

Account Planning: Insight Maps

To get to your Insight Map, scroll to the bottom half of the Account Manager Overview page

Click on "Go to Insights"

Click here

Account Planning: Insight Maps

Insights should tell a story about the customer's business problems and how the customer plans to address them

This helps the Account Plan owner visualize, strategize, and plan a business conversation with their customer

**Click on the icons below for more detail on each swimlane

A few more details to note:
Goals
Click anywhere within the grey space to add a new tile for a given section
Pressure
Click on a tile to view/edit information that is specific to that tile
Initiative
You can also attach files and make the information on this page private
Obstacle
Solutions

Click on any title to go directly to that section

Creating a Plan
Relationships
Import Opportunities
Insight
Objectives
Deal Review
Knowledge Check
Overview

You Are Here

Objectives

Define and execute on your key Account Plan Objectives

Next

A little on Objectives...

The Objectives page is where you create and manage the Account Plan's strategy

The entire team can document strategy ideas quickly, and collaborate to develop them into a shared strategy that is agreed on by everyone

These "ideas" take the form of Objectives and Actions

Objectives An Objective is something that needs to be achieved to make the strategy a success. An Objective contains the actions required to achieve it.

Actions An Action is a specific step that needs to be completed as part of achieving an Objective.

Account Planning: Objectives

Objectives can be categorized into three different sections

These sections are: Objectives & Action List, Filter, and Main Workspace

Filter

Objectives & Action List

Access all Objectives & Actions

Filter your Objectives by Priority, Owner, and Accounts

Main Workspace

Review all of your Objectives

Account Planning: Objectives

To create an Objective, click the "+objective" button in the Main Workspace

Click here to create an Objective

Click on any title to go directly to that section

Overview
Creating a Plan
Import Opportunities
Relationships
Insight
Knowledge Check
Objectives
Deal Review

You Are Here

Deal Review

Test and improve your plan for the Account

Next

Let's Take a Moment to Breakdown Deal Reviews (Test & Improve)

Also referred to as Test & Improve meetings, Deal Reviews test the Account Plan for gaps, and gathers recommendations for the most effective actions to improve them.

Benefits

Best Practice

Who to Invite

The recommended Test & Improve duration is 90 minutes. If you don't have that much time, stick with your proven Test & Improve process, but reduce the amount of time you spend on each stage. Equally, if it makes sense to take extra time, do so.

There is no set guideline for who can attend Test & Improve meetings. The only required attendee is your Manager (and potentially the Executive/Leadership team) Other attendees may include anyone on the team, or any individual that you think might share good input.

Once you establish a regular Test & Improve cadence, you'll likely see these benefits:

  • Better collective understanding of what's happening with an Account
  • Increased preparedness for discussions with customers
  • More focused investments of time and resources

Account Planning: Deal Review

Scheduled and Completed Deal Review sessions will appear under the Deal Review tab

**Hover for additional details

View Scheduled and Completed Deal Reviews

Account Planning: Deal Review

Scheduling a Deal Review

Once you click on the "Schedule New" button you will be brought to this page. All fields marked with * are required fields that you must populate.

Make sure to click Save

Account Planning: Deal Review

Launching the Deal Review

At the bottom of the page, you have the ability to choose one of three options for how you want to launch the review

When you click on the Launch button you will be brought to this page. A general outline for the flow of the Deal Review is shown.

**Click on the icons below for more detail

Creating a Plan
Import Opportunities
Overview
Insight
Relationships
Deal Review
Knowledge Check
Objectives

You Are Here

Great Work!

Ready to apply what you learned?

It's time for a quick Knowledge Check

Let's Get Started

QUESTION 1/2

Knowledge Check

Instructions: Click the choice that answers this question

Question: Why is it important to create an Account Plan?

They help you set actionable sales targets
They help you grow existing revenue and uncover additional revenue
They help deepen your understanding of your customer's business
All of the above are correct

Next Question

Go Back

QUESTION 2/2

Scenario: You recently met a new contact and you want to add them to your Relationship map

Question: On the Account Manager Overview page, how do you get to the Relationship Map?

To answer, click on the screenshot below

Complete this Course

Go Back

Fantastic! Now you can create dynamic Account Plans that set you on the path torwards winning more deals

Want a PDF for future reference?

Take me back to the beginning

Download Here