Identifying the Key Decision Makers
One of the challenges that many business developers face is
getting to the key decision-maker. The issues are very common.
"I don't know who the decision-maker is." "I get intimidated by
dealing with a senior level person." "I don't have credibility
with people at that level." "All her calls are screened." When
we look at these challenges we find that they fall into three
major categories.
First, you may be having difficulty identifying the
decision-maker. Secondly, you may be blocked from getting to the
person who can really make the decision. Third, many people feel
anxious or uncomfortable when they're actually in front of a
senior level decision-maker. We'll discuss strategies to help
you in all three of these areas.
Let's talk about the first area, identifying the decision-maker.
Think about the people at your prospective client as falling
into one of two groups. The first is the decision-maker. This
may be a single individual, or if you sell a variety of
products, there may be multiple decisions-makers. The
decision-maker is the one who can, as the name would indicate,
actually make the decision to buy your product or use your
services.
The second, and much larger group, includes supervisors, users
of the product and technical experts. We'll refer to this second
group by the acronym S(supervisors)-U(users)-TE (technical
experts) or SUTEs. These are people who can influence the
purchasing decision but don't actually have the authority to
make the decision. That doesn't mean that they're not important.
However, their needs are different than those of the
decision-maker, and we will need to cultivate our relationships
with them differently. It's important that we don't get confused
about who does what. Those who claim they are the decision-maker
often do so in the hopes that we won't circumvent the process by
going over their heads. Others claim to be the decision-maker
for ego reasons, or simply because they feel that they might be
able to make the decision. Unless we're sure about the level of
influence each individual has in the company, it's very hard to
maximize our effectiveness.
The first step is to make sure that we fully understand what we
mean by decision-maker. The bottom line is that the
decision-maker is the individual who can make the decision
without further approval. Think of it this way, when you submit
your invoice, who will have to sign off on it in order for you
to get paid? That person is the decision-maker. Never lose sight
of that target. That's not to say that you want to just
exclusively focus on influencing him or her. That would short
sighted. Decisions are not made in a vacuum and any good
decision-maker is going to want input from those who are likely
to be impacted by the decision to buy your product or service.
How do we identify the decision-makers? One method that we will
discuss in more detail later, is to purchase contact names from
a list broker. An alternative to this is to hire a recruiting
researcher to develop an organization chart on a company that's
a top prospect. The executive search community has used this
practice for many years and there's no reasons why you can't
make it work for you.
If you're targeting specific industries you might want to
consider using any of the larger contact list brokers. They do a
good job of keeping their information current and the price is
very reasonable. Like most marketing firms we keep a list of
these firms close at hand.
It's also important to remember that the decision-maker is
likely to change over time. Just because a person is the
decision-maker today, doesn't mean that they'll play the same
role the next time around. There are a number of factors that
will influence this. For example, the more you're asking them to
spend-the higher the decision will be made in the organization.
Similarly, as business conditions become more difficult, the
higher the decision is likely to be made. Another factor is your
personal history with the client. If the company knows you or
your firm they may feel more comfortable delegating the
purchasing decision down in the organization. If you're an
unknown entity, the opposite is often true.
One of our clients sells a training program to a large
multi-national bank. When they started working with the bank,
the decision to use their service was made at an extremely high
level. As the company became more comfortable with the supplier
the decision making process became less arduous and was
delegated to more junior level people.
This presents its own unique challenges. How does one remain in
contact with the senior level individuals when they're no longer
directly involved in the approval process? New reasons or
excuses need to be created in order to stay in touch. Developing
these high level relationships is so difficult and time
consuming that one doesn't want them to lapse due to lack of
contact. However, if I just call to thank the high level
executive for renewing the contract she'll think that I'm
wasting her time. Once you waste the time of someone at this
level it's very hard to regain your credibility. Thus, success
with a client creates its own set of challenges. We'll discuss
creative strategies to deal with this situation shortly.
As we mentioned there is a second group of individuals who play
a variety of roles in the decision. These are the people we
referred to as the SUTEs. Who are they?
The SUTEs have varying degrees of influence ranging from
considerable to negligible. They don't decide who wins, but they
do have a say about who can play. In effect they limit the
number of participants. The SUTEs tend to focus on the product
itself and evaluate it based on factors such as, ease of use,
compatibility with existing systems, or will your product make
them look good in the eyes of their superiors? By contrast, the
decision-makers tend to evaluate products or services from a
broad strategic perspective. Issues for them might include,
lowering overall costs, impact on profitability or gaining
market share.
Where should you focus your initial efforts? At the
decision-maker or on the SUTEs? It is far better to aim too high
than too low. Starting at the top and working your way down is
always preferable to attempting to push the boulder up the hill.
This strategy also is helpful to avoid getting blocked from
dealing with the decision-maker.
It is very difficult for a SUTE to shut you out from
communicating with the decision-maker if you've already had
interaction with him or her. Ultimately, your strategy should be
to gain the confidence of the SUTE and convince her that you are
truly looking for a win-win outcome. We'll discuss the specifics
on how you do this shortly.
On your pad of paper, underneath where you wrote down the name
of the account, write down the name of the person who you
believe is the decision-maker. If you're uncertain about who the
decision-maker is, simply write down DM with a large question
mark next to it. This will remind you that finding out who that
person is should be high on your list of priorities. Next write
down at least three SUTEs for this account. These should be
people who can influence the decision, although that level of
influence is likely to vary from person to person. Don't feel
constrained to write down the names of only three SUTEs. This is
a good opportunity to list as many SUTEs as you can.
Once you've listed the decision-maker and a minimum of three
SUTEs, assign to each of them a level of influence. This is
simply whether you believe that the person has a high, medium or
low influence on the buying decision. Obviously the person
you've chosen as the decision-maker will have a high degree of
influence. The level of influence for your three SUTEs may vary
considerably. Naturally, this is only a snapshot of what you
believe to be their levels of influence at this moment in time.
As you learn new information about these people, or as their
roles change, you'll want to adjust your contact strategy
accordingly.