ibsg_four_steps to selling telepresnece

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    Copyright 2008 Cisco Systems, Inc. All rights reserved.Cisco ConfidentialCisco Confidential Internet Business Solutions Group 1

    Four Steps in SellingCisco TelePresence

    Internet Business Solutions GroupMay 2008

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    2Copyright 2008 Cisco Systems, Inc. All rights reserved.Cisco ConfidentialCisco Confidential Internet Business Solutions Group

    Aligning Cisco TelePresence to CXO Concerns

    Selling at the CXO Level Positions TelePresence as Transformational Technology

    CXOs create value for their organizations by leading change and transformation. Cisco TelePresence is a transformationaltechnology that creates new sources of growth, productivity, and innovation for all types of organizations. Therefore, you cansell TelePresence most successfully not by positioning it as next-generation videoconferencing, but by showing how it

    addresses specific CXO concerns.

    CXOConcerns

    Degree of Solution Enabled by TelePresence

    Improve CustomerExperience

    FosterInnovation

    Integrate

    Globally

    Drive CostEfficiency

    GrowRevenues

    More In-person

    CustomerContact

    EmployeeProductivity

    ImprovedAccess toExecutives

    NewBusiness

    Processes

    CustomerAccess toRemoteExperts

    BetterCustomerResponse

    AcceleratedDecisionMaking

    FasterProduct

    Development/Time toMarket

    Inter-companyCollaboration/

    Communication

    CompressedCycle Time /

    ReducedSales Cycle

    Majority Large Amount ConsiderableAmount

    Partial Amount

    Source: Cisco IBSG, 2008

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    3Copyright 2008 Cisco Systems, Inc. All rights reserved.Cisco ConfidentialCisco Confidential Internet Business Solutions Group

    Finding an Executive Sponsor

    Source: Cisco IBSG, 2008

    Finding the CXO Sponsor at Your Client

    You can find potential executive sponsors in your clients organization byassessing the degree of alignment of TP attributes with CXO concerns invarious departments.

    Improve CustomerExperience

    FosterInnovation

    Integrate

    Globally

    Drive CostEfficiency

    GrowRevenues

    Departments with Potential Sponsors

    Research Design Mfg. Sales Mktg. Service &Support

    Not as Aligned

    CXOConcerns

    Highly Aligned Aligned Somewhat Aligned

    Lessons Learned

    1. Create businessdemand forTelePresence, not IT demand.TelePresence must meet a specificbusiness need to justify the investment.

    2. Secure executive sponsorship. Key ITand business leaders should sponsor theTelePresence initiative.

    3. Understand the clients funding model.Help assess how the benefits ofTelePresence, including reduced travelexpense, can offset the impact on CapExand OpEx.

    4. Be clear about our managed serviceofferings. Most clients want some level ofmanaged service.

    5. Encourage client to create a cross-functional project team. Executeflawlessly to validate our solution.

    6. Collaborate across Cisco. Include TP

    BU, TX BU, AS, Cisco Capital, Cisco IT,IBSG, and others.

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    4Copyright 2008 Cisco Systems, Inc. All rights reserved.Cisco ConfidentialCisco Confidential Internet Business Solutions Group

    Four Steps to Selling TelePresenceStep 1

    Source: Cisco IBSG, 2008

    Identify the Organizational Structure

    The first step in selling Cisco TelePresence is to identify and prioritize the business units, functions, or teams whose needsand concerns best align with TelePresence. You can begin by taking a prototypical organization chart from the clientsvertical industry (this example is based on a high-tech manufacturing firm), then customize it to represent the clients

    organization in more detail.

    1

    ExecutiveTeam

    Research& Development

    SupportFunctions

    Mfg &Assembly

    HR &Corp Comm

    IT

    Legal

    Finance

    DistributedMfg Mgmt

    MfgExecution

    Service& Support

    Customer SvcMgmt

    TechnicalSupport

    Service PartsMgmt

    Supply ChainManagement

    Marketing& Sales

    MarketingFulfillment& Logistics

    Sales

    ChannelManagement

    StrategicSourcing

    & Procurement

    Supply &DemandPlanning

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    5Copyright 2008 Cisco Systems, Inc. All rights reserved.Cisco ConfidentialCisco Confidential Internet Business Solutions Group

    Four Steps to Selling TelePresenceStep 2

    Source: Cisco IBSG, 2008

    Early-stage Relationship

    Concentrated orScarce Expertise

    Short Timeframe to Act

    High-value Decision

    Complex Informationto Share

    Nonverbal CommunicationIs important

    Distributed Participantsor Teams

    Multicultural Participantsor Teams

    Little or no substitute for decision maker or expert(e.g., CXO or SME)

    Decision or action is very time-sensitive

    Decision or action has large impact on organization,customers, or shareholders

    Information to be shared is multidimensional,

    quantitative, or qualitative (i.e., not transactional)

    Visual communication is important to decision.Situation may involve uncertainty, ambiguity, orfeelings

    Meeting participants are geographically distributedand costly to assemble in person

    Meeting participants include diverse ethnicities,national cultures, and/or languages

    Important to build trust and rapport during initialmeetings with customers, partners, or betweencolleagues

    Review TelePresenceAttributes

    Step 2 involves a review of theattributes of TelePresence as they relate tothe characteristics of an organization.

    Situations ideally suited for CiscoTelePresence include the following:

    Require remote access to a decisionmaker or a subject-matter expert

    Quick, time-sensitive decision or action isneeded, such as a competitor response,public relations, or business continuity

    Involve high-value decisions such as a

    merger or acquisition, business strategy, orproduct launch

    Require sharing of complex information,such as reviewing a business proposal orengineering diagrams

    Non-verbal communication and the abilityto observe human factors (body languageor facial expressions) are important. Forexample, candidate interviews and face-to-face customer meetings

    Involve distributed teams or multiculturalparticipants

    Rely upon early stage relationships,where it is important to build trust throughface-to-face interaction

    2TelePresence

    AttributesOrganizationalCharacteristics

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    6Copyright 2008 Cisco Systems, Inc. All rights reserved.Cisco ConfidentialCisco Confidential Internet Business Solutions Group

    Four Steps to Selling TelePresenceStep 3

    Source: Cisco IBSG, 2008

    Contact IBSG Economics

    for Interactive Model

    The IBSG Economics Practice iscurrently evaluating options formaking interactive versions ofmodels more widely available toIBSG and the field.

    Score Client Functions According to TelePresence Attributes

    The third step is to score each client function according to how well the organizations needs and characteristics align with theTelePresence Attributes. Below is an example of an interactive tool developed by the IBSG Economics Practice to help identifythe client functions best suited to TelePresence.

    3

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    7Copyright 2008 Cisco Systems, Inc. All rights reserved.Cisco ConfidentialCisco Confidential Internet Business Solutions Group

    Four Steps to Selling TelePresenceStep 4

    Source: Cisco IBSG, 2008

    Use Scores to Identify Client Functions Best-suited for TelePresence

    In the fourth step you combine your knowledge of the client's organization, its alignment with the TelePresence Attributes,and the output of the analysis on the previous page. Highlighted below are the groups within a hypothetical clientsorganization that have the best potential for TelePresence sales.

    4

    ExecutiveTeam

    Research& Development

    SupportFunctions

    Mfg &Assembly

    HR &Corp Comm

    IT

    Legal

    Finance

    DistributedMfg Mgmt

    MfgExecution

    Service& Support

    Customer SvcMgmt

    TechnicalSupport

    Service PartsMgmt

    Supply ChainManagement

    Marketing& Sales

    MarketingFulfillment& Logistics

    Sales

    ChannelManagement

    StrategicSourcing

    & Procurement

    Supply &DemandPlanning

    High Alignment

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    8Copyright 2008 Cisco Systems, Inc. All rights reserved.Cisco ConfidentialCisco Confidential Internet Business Solutions Group