Product details

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Abstract

Antonella Rummenigge, 3M EMEA VP, when calling for the Operating Committee, was strongly convinced that, to further accelerate growth with the Key Accounts, her organization should have looked for a strategic shift in the Go to Market model. The internal and external market research, conducted by Massimo Cammino, was clearly showing that revenue growth from major clients had been falling over the past two years and feedback from the Key Accounts were indicating several critical issues like: lack of alignment with their needs, lack of systems to track account performances, lack of senior management engagement and leadership. Massimo conclusions brought to the negative reactions from the Operating Committee both at Regional Managing Directors and Business Directors level: they were believing that a change in the coordination of the Key Accounts would have brought damages in the internal and external trading relationships. Antonella listened to all the input and finally asked two key questions: 1) How should we change go-to market model to accelerate our top customers growth? 2) What are the alternatives that other successful players have put in place to overcome the same issue? Massimo shared Strategic Account Management Association (SAMA) findings in relation to the need of an organizational change and a shift towards a more customer-centric orientation to improve overall customer experience. At this point Antonella indicated the next step: Alex Zanetti, together with Massimo and William Corse would have worked together to elaborate, in one month, a final proposal to: re-organize EMEA sales organization to select and manage Key Accounts, address the decision rights to increase speed and governance, increase customer experience related to pan European contracts.

Teaching and learning

This item is suitable for postgraduate and executive education courses.

Time period

The events covered by this case took place in 2015-2018.

Geographical setting

Region:
Europe
Countries:
Italy; France; Germany; United Kingdom; Belgium
Locations:
Milano,Italy;Brussels, Belgium;Dusseldorf, Germany;Paris, France;London, U.K.

Featured company

3M
Employees:
10000+
Turnover:
USD 36 billion
Type:
Public company
Industry:
Chemicals
Other keywords:
With corporate operations in 70 Countries and sales in 200, 3M is on the Fortune 500 list. More than 60,000 products are used in homes, businesses, schools, hospitals and other industries. Scientific, technical and marketing innovations produced success upon success over the years.

Featured protagonists

  • Antonella Rumenigge (female), 3M EMEA Vice President
  • Massimo Cammino (male), EMEA Marketing Excellence Mgr
  • Alex Zanetti (male), EMEA Sales Excellence Director
  • William Corse (male), EMEA Distribution Sales Mgr

About

Abstract

Antonella Rummenigge, 3M EMEA VP, when calling for the Operating Committee, was strongly convinced that, to further accelerate growth with the Key Accounts, her organization should have looked for a strategic shift in the Go to Market model. The internal and external market research, conducted by Massimo Cammino, was clearly showing that revenue growth from major clients had been falling over the past two years and feedback from the Key Accounts were indicating several critical issues like: lack of alignment with their needs, lack of systems to track account performances, lack of senior management engagement and leadership. Massimo conclusions brought to the negative reactions from the Operating Committee both at Regional Managing Directors and Business Directors level: they were believing that a change in the coordination of the Key Accounts would have brought damages in the internal and external trading relationships. Antonella listened to all the input and finally asked two key questions: 1) How should we change go-to market model to accelerate our top customers growth? 2) What are the alternatives that other successful players have put in place to overcome the same issue? Massimo shared Strategic Account Management Association (SAMA) findings in relation to the need of an organizational change and a shift towards a more customer-centric orientation to improve overall customer experience. At this point Antonella indicated the next step: Alex Zanetti, together with Massimo and William Corse would have worked together to elaborate, in one month, a final proposal to: re-organize EMEA sales organization to select and manage Key Accounts, address the decision rights to increase speed and governance, increase customer experience related to pan European contracts.

Teaching and learning

This item is suitable for postgraduate and executive education courses.

Settings

Time period

The events covered by this case took place in 2015-2018.

Geographical setting

Region:
Europe
Countries:
Italy; France; Germany; United Kingdom; Belgium
Locations:
Milano,Italy;Brussels, Belgium;Dusseldorf, Germany;Paris, France;London, U.K.

Featured company

3M
Employees:
10000+
Turnover:
USD 36 billion
Type:
Public company
Industry:
Chemicals
Other keywords:
With corporate operations in 70 Countries and sales in 200, 3M is on the Fortune 500 list. More than 60,000 products are used in homes, businesses, schools, hospitals and other industries. Scientific, technical and marketing innovations produced success upon success over the years.

Featured protagonists

  • Antonella Rumenigge (female), 3M EMEA Vice President
  • Massimo Cammino (male), EMEA Marketing Excellence Mgr
  • Alex Zanetti (male), EMEA Sales Excellence Director
  • William Corse (male), EMEA Distribution Sales Mgr

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