Looking to engage the C-Suite for your Consulting?
Are you looking to engage the C-Suite for your Consulting?
[NOTE: 15TH NOVEMBER 2022 - This article is undergoing a major rebuild from the ground up]
The quest often feels like hunting for an elusive hidden treasure, but what if I told you the map is within your grasp?
In a fascinating study conducted in 1995 by Kenan-Flagler Business School and IBM, they examined the involvement of high-ranked executives in the corporate buying process.
What they discovered might surprise you.
Executives are most involved at the beginning; when they're trying to grasp the reality of their business's and industry's challenges and establish both long and short-term business objectives and strategies.
They then take a step back during the exploration of options, setting supplier criteria, and examining alternatives. Typically where the now (largely) discredited inbound motion is being positioned.
Finally, they step back in during the planning of the implementation and evaluate the results.
Many organisations, especially those striving to set up an outbound system, struggle to reach these senior decision-makers.
This is typically because their approach aligns with the involvement of those lower down in the organisation.
To put it simply, they're targeting the explorers when they should be guiding the visionaries.