GENERAL COUNSEL
CHALLENGES
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)
Talent
they are doing the hiring
Resources
technical, human resources
Driving Results from teams
No source of truth
Visibility into spend data -- pulling data from multiple sources and being able to present it
How to measure against C-level metrics
BUYER OR CUSTOMER ROLE TYPE
Champion
Decision Maker
Influencer
Gate Keeper
WHY DETERMINE?
Subtopic
Example: We need to reduce the time
it takes to capture and generate key
financial metrics for the business
Ex:
Reduce Cost
Increase Revenue
METRICS
Value Metric
Examples:
Human Capital
Shareholder Value
Outsourcing Costs
Labor Costs
New Sales Revenue
Etc.
Spend Under Management
Time savings
they are not going to tell their boss this
Cost Avoidance
CAPEX v. OPEX
Identified v. Realized
Hard cost v. Soft costs
Triple Bottom Line
TCO
Diversity Spend - US
Environmental , CSR - EUROPE
SPM / SIM - using the wrong metrics for this
All suppliers measured by the same when they should not
C-Suite Metric
Examples:
Earnings
Operating Cost
Profit
EBITDA
EPS
Shareholder Returns
CONTENT PREFERENCE
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
ROI Calculator
Early stage - If talking to us for a month then they don't have a budget
Late stage - finalizing the decision
Business Case
Case Study
References
Want to know it is safe
More on people's opnion then data
Adoption because they've been burned before
Example of client from Ariba
Transition in the role and change in the landscape
Thought Leadership - eGuide
WATERING HOLES
Places the persona goes to network or exchange information (e.g. online communities, trade shows, web sites, industry events, association meetings)
Conferences
SIG ? -
Procurement Leaders ?
INITIATIVES
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)
Manage Risk
Repurational Concerns with the Suppliers they work with
Not a day to day thing
Manage compliance
Initiative SLM programs, CLM programs, SA
Manage Budget (AOL Story) - pay for themselves based on-savings
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
Save more on their journey
Initiatives are stages
Year 1 - not too much
Year 2 - get it done
Year - 3 - get a new role/job
POSITION ON THE ORG CHART
Above a Manager
COMMON TITLES
Subtopic
BUYING CENTER
The entity that holds the budget for a purchase typically a business unit, department or team
DEMOGRAPHICS
Industry (Cross Industry)
Company Size: Large, Mid-Size, SMB
They are going to be spending 90% of their time looking for their next job
Average tenure - 3 - 5 yrs?
ROLE DESCR
CLIENT EXAMPLE
EUROPE
NORTH AMERICA