The ‘IDEAL’ Framework for Business Development & Attaining Desired Closure
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Transcript of The ‘IDEAL’ Framework for Business Development & Attaining Desired Closure
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The ‘IDEAL’ Frameworkfor Business Development & Attaining
Desired Closure
Murad Salman MirzaSenior Vice President
(Client Advocacy & Organizational Effectiveness)
APAC & EMEA Regions
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Table of Contents
� Objective
� Pictorial Depiction & Brief Explanation of the
‘IDEAL’ Framework
� Key Performance Indicators
� Conclusion
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Objective
� This framework has been designed to ensure a consistent & proactive approach in
developing, consolidating and reinforcing
desired channel partner acquisition and retention in the APAC and EMEA Regions
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The ‘IDEAL’ Framework
Introduce
Demonstrate
EconomizeAccomplish
Leverage
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The ‘Introduce’ Stage
� Includes all the proactive activities associated with setting up an initial orientation session
with a potential channel partner through the
optimum use of available mediums
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The ‘Demonstrate’ Stage
� Includes all the proactive activities associated with showing the strengths of our product /
service offerings to the potential channel
partner through the optimum use of available mediums
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The ‘Economize’ Stage
� Includes all the proactive activities associated with presenting a win-win value proposition for
the potential channel partner within the
available resources
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The ‘Accomplish’ Stage
� Includes all the proactive activities associated with reaching a comprehensive agreement
with the selected channel partner
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The ‘Leverage’ Stage
� Includes all the proactive activities that are focused on benefiting from the extended
network of the existing channel partner to gain
additional business and market share while sustaining the win-win value proposition as a
retention imperative
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Key Performance Indicators
� % success in initial response
� % success in orientation response
� % success in on-time conduct of demonstration
� % success in gaining desired channel partner
� % annual retention rate of channel partners
� % success in gaining additional channel partners from existing network of channel partners
� Average time in securing initial response
� Average cost in securing initial response
� Average time in securing orientation response
� Average cost in securing orientation response
� Average time in ensuring scheduled demonstration
� Average cost in ensuring scheduled demonstration
� Average time in gaining desired channel partner
� Average cost in gaining desired channel partner
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Conclusion
� This framework has been presented as a ‘baseline’, upon which, future strategies can
be effectively and efficiently developed,
implemented, monitored, reinforced and improved to complement the ‘Big Picture’