Categories: All - cost - initiatives - networking - metrics

by Constantine Limberakis 9 years ago

408

PERSONA MAP - GENERAL COUNSEL (DRAFT)

The document provides insights into key aspects that a general counsel must consider, emphasizing the importance of reducing costs and increasing revenue. It highlights the concept of the buying center, which is the entity responsible for budget allocation, often a specific business unit or department.

PERSONA MAP - GENERAL COUNSEL (DRAFT)

GENERAL COUNSEL

Main topic

ROLE DESCR

NORTH AMERICA
EUROPE
CLIENT EXAMPLE

DEMOGRAPHICS

Average tenure - 3 - 5 yrs?
They are going to be spending 90% of their time looking for their next job
Industry (Cross Industry) Company Size: Large, Mid-Size, SMB

BUYING CENTER

The entity that holds the budget for a purchase typically a business unit, department or team

COMMON TITLES

POSITION ON THE ORG CHART

Above a Manager

INITIATIVES

Initiatives are stages
Year - 3 - get a new role/job
Year 2 - get it done
Year 1 - not too much
Save more on their journey
Hiring the right people in the right places (you don't have to hire as many people if you have the right software in place
Manage Budget (AOL Story) - pay for themselves based on-savings
Initiative SLM programs, CLM programs, SA
Manage compliance
Manage Risk
Not a day to day thing
Repurational Concerns with the Suppliers they work with
What initaitives or programs the persona is most apt to be working on. Capture the emotive component towards the initiative (aspirations or desires for the personal success)

WATERING HOLES

Conferences
Procurement Leaders ?
SIG ? -
Places the persona goes to network or exchange information (e.g. online communities, trade shows, web sites, industry events, association meetings)

CONTENT PREFERENCE

Thought Leadership - eGuide
References
Want to know it is safe

Adoption because they've been burned before

Transition in the role and change in the landscape

Example of client from Ariba

More on people's opnion then data

Case Study
Business Case
ROI Calculator
Late stage - finalizing the decision
Early stage - If talking to us for a month then they don't have a budget
Types of content assets the buyer persona prefers to consume information and the ways in which the persona prefers to interact with your organiztation when in the buying mode

METRICS

C-Suite Metric
Examples: Earnings Operating Cost Profit EBITDA EPS Shareholder Returns
Value Metric
SPM / SIM - using the wrong metrics for this

All suppliers measured by the same when they should not

Environmental , CSR - EUROPE
Diversity Spend - US
TCO
Triple Bottom Line
Hard cost v. Soft costs
Identified v. Realized
CAPEX v. OPEX
Cost Avoidance
Time savings

they are not going to tell their boss this

Spend Under Management
Examples: Human Capital Shareholder Value Outsourcing Costs Labor Costs New Sales Revenue Etc.

WHY DETERMINE?

Ex: Reduce Cost Increase Revenue
Example: We need to reduce the time it takes to capture and generate key financial metrics for the business
Subtopic

BUYER OR CUSTOMER ROLE TYPE

Gate Keeper
Influencer
Decision Maker
Champion

CHALLENGES

How to measure against C-level metrics
Visibility into spend data -- pulling data from multiple sources and being able to present it
No source of truth
Driving Results from teams
Resources
technical, human resources
Talent
they are doing the hiring
Business issue(s) or Pain Point(s) faced by the role and the corrsponding titles. Capture the emotive component towards the challenge (fears, uncertainties and doubts)