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Opportunities Objectives
Approach Jim Keenan
Desert Mountain Region Director- Business Sales
Increase Revenue
Increase B2B Market share
Subscriber Growth
Team Development
Business Operations
Sales Operations
Communication
Wireless Data
L.N.P.
Improved Productivity
Sales
Experience
Budget Mgt
Attributes/Community
Execution
Philosophy
Driving business beyond expectations is accomplished
though a combination of responsible risk taking and
operational efficiency.
Maximizing sales is accomplished through teams that have
the ability to uniquely understand a client’s individual
economic and operational needs. . . and then keenly
providing a solution that will undoubtedly ensure that those
needs are met.
The ability to deliver rests in teams . . . maximize resources
by minimizing waste. Effective and efficient processes
maximize operational value.
Opportunities
Opportunities
Wireless Data
Wireless Data Services provide Verizon the
greatest opportunity to grow market share,
increase revenues and increase ARPU!
Opportunities
Wireless Data
– 13.6 Billion Dollar industry by 2006*
– 82% of CTOs and IT professionals said they
have budget for a wireless data initiative**
– 68% of CTO’s budgeted up to 20% of overall
budget to wireless data initiative**
– Significantly improved value proposition over
traditional voice
– Enterprise Potential *Soucre: Gartner DataQuest
**Source Andrew Seybold Oulook 4 Mobility
Opportunities
Wireless Data
– Why??
• Increased productivity
• Customer service/CRM
• Access to corporate information
– E-mail
– Corporate Database
• Mobile workforce support
• Applications
– Horizontal (Groupware, PIM, etc)
– Vertical (Industry Specific)
– Diagonal (SFA, CRM, SCM)
Opportunities
L.N.P. (Local Number Portability)
LNP will substantially increase the competition in an
already competitive wireless market . . . by cutting the
“number leash” consumers will be free to demand more
from providers.
Providers who are unable to offer, sell and deliver
substantial value and service will find themselves losing
the wireless race.
Opportunities
L.N.P. (Local Number Portability)
– Two-tiered approach
• Offensive- Attack competition’s subscriber base
– Deliver greater value proposition
– Establish Verizon as the clear alternative
– Build strong relationships within competition’s account
base, become “Trusted Advisor”
– Promotions– Increase competitor’s churn
Opportunities
L.N.P. (Local Number Portability)
– Two-tiered approach
• Defensive- Protect our existing subscriber base
– Strengthen existing relationships
– Establish client dependency
» Longer contract terms etc.
– Solidify Verizon value proposition
– Become an intricate asset to clients’ operational goals
– Promotions- Customer Loyalty
Opportunities
Improved Productivity
– “It’s the economy stupid”*
• Saving one man hour a day saves a company
$120 per employee, per day**
• Organizations are looking for effective ways to
improve operational efficiency
• Today’s economy demands more with less
*Presidential Race, 1992
**Andrew Seybold Outlook 4 Mobility
Objectives
Objective
Revenue
1. Increase Desert/Mountain Region Business Sales
by 30% year over year
2. Grow ARPU by 10%
a) ARPU Ratio
i. Data 25%
ii. Voice 75%
3. BHAG*-Reach $60.00 ARPU
*Big Hairy Audacious Goal-Built to Last Collins
and Porras © 1994
Objective
Market Share
1. Increase regional market share by
25% in 24 months
2. Grow regional market share by 50% in
36 months
3. BHAG-Double regional market share
Objective
Subscriber Growth
1. Gross Gains
– Increase by 15%
2. Churn
– Reduce by 25% (CRM, Service, Responsiveness)
• BHAG- decrease to less than 1%
3. Net Adds
– Increase by 20%
Approach
Approach
Team Development
The most critical component to success is people . . .
therefore success will be infinitely tied to the quality,
energy and culture of the team and its people.
A culture of execution through diversity of thought,
respect, commitment, accountability and integrity can be
expected.
Approach
• Culture
– Integrity
– Teamwork
– Respect
– Lifestyle Balance
– Communication
– Accountability
– Commitment
– C.O.R.F
• Challenge
• Opportunity
• Reward
• Fun
Team Development
Approach
• Culture
– We will be committed to
• Open thinking, thought sharing
• Execution
• Ownership of responsibilities
• Accountability/Results
• Balanced Lifestyle
– We will set the standard for
team dynamics
Team Development
Approach
Team Development
• Support
– Tools – ensure the necessary tools are in
place to effectively accomplish goals
– Access – ensure a bottom up line of
communication is established
– Responsive/Follow through – nothing dies
on the vine
– Training – people are provided the necessary
training for career and personal development
Approach
Team Development
• Leadership
– Bench/Talent development - identify and
mentor new leaders
– Evaluations – provide team with clear
understanding of their strong performance as
well as expected improvements
– Mentoring/Coaching – develop and grow
individual strengths, provide coaching for
weaknesses, create personal development
plans, cross manage team
Approach
Team Development
• Leadership
– Direction – create and manage to clear team Mission
and Vision
– Right People in the right positions
– Energy – energize the team
– Decisive –clear and definitive on tough issues
– Behavior – demonstrate desired behaviors
– Consistency – set expectations
Approach
• Team
– Create high-end team, well versed and
positioned to sell the value of wireless
communications (especially wireless data)
– Create success driven, value based, selling
team
– Establish solution selling, needs based, sales
environment
– Promote operationally focused environment
Team Development
Approach
Team Development
• Team
– Establish the industry’s most highly sought
after and respected sales team
– Recognized by clients as the authority in
wireless communications or “Trusted
Advisors” (especially wireless data)
Approach
Business Operations
• Evaluate existing budget and current
expenditures
– Focus on cost of sales
– Target operating cash flow
– Focus on Economic Denominators (ARPU, Churn,
Gross Gains etc.)
Approach
Sales Operations
– Establish sales methodology and process
– Create clear forecasting metrics
– Improve forecasting accuracy
– Create shorter, more linear sales cycles
– Create robust and definitive territory sales plans
– Align team incentives with Verizon’s goals and
objectives
– Form Partnerships (System Integrators, Wireless
Application Developers etc.)
Approach
• Success Framework
– Team Learning Environment
• Cross Team Management
– Leverage individual strengths across
entire team
– Improve collective whole
– Minimize 80/20 rule
• Team Presentations
– Research and report on specific
areas (sales, industry verticals,
operational processes, etc.)
– Industry trends
Approach
• Success Framework
– Sales Meetings
• Pipeline Management
– Opportunity assessment/evaluation
– Moving opportunities forward
– Identifying/manage objections
– Forecasting
– Creating new opportunities
• Plan Development
– Plan management
• Buyer Identification
Approach
• Success Framework
– Consultive/Solutions Selling
• Problem Identification
• Problem Solving
• Solutions Development
• Case Studies
• Client Education
– Increase adoption rates
• TCO
• ROI
Approach
• Success Framework
– Recognition
• Letters, Notes
– To Individual
– To manager
• Small Awards
• Team Recognition
• Constant Feedback
Approach
Communication
– Establish bi-lateral communication with all
Verizon stakeholder groups
• Executive Team
• Data Sales
• Retail
• Indirect Sales
• Sales Operations
• Other area teams
Approach
Communication
– Provide accurate reporting to enable precise
organizational planning
– Maintain an open environment to ensure
bottom up communication
Appendix
Execution
Execution
Execution
At the end of the day the success of an
organization is accomplished through its ability
to execute . . . to just get it done!
Just getting it done consists of 3 elements;
evaluating, developing, implementing
Execution
Evaluate Develop Implement
Information:
Who What
How Why
Creation:
Assumptions
Discussions
Compromises
Commitment
Ownership
Action:
Attack
Contingency
Measure
Deliver
Execution
Execution
Execution
• Evaluate
– Team
• Strengths
• Weaknesses
• Product Knowledge
• Comfort Selling
Data
• Knowledge of Data
Environment
• Selling Strategies
• Sales Skills
• Team Dynamics
• Relationships
• Performance
• Untapped
Opportunities
Execution
• Evaluate
– Sales
• Sales Cycle
• Sales Process
• Sales Plans
• Existing Tools (case studies, collateral, programs, etc)
• Other Regional Teams (Where are they successful?)
• Training
• Comp Plan/Incentives
• Existing Client Base
• Partnerships (System Integrators, Application Developers etc.)
Execution
• Evaluate
– Markets
• Economic Conditions (War, Double Dip Recession, Rates)
• Growth Potential (L.N.P., Data etc.)
• Opportunities (Cost Cutting, Growth Markets, Operating Margins,
Travel)
• Risks (Environmental, Competitive)
• Existing Performance
• Market Position/Share (per market)
Execution
• Evaluate
– Operations
• Current Goals and Objectives
• Performance
• Costs/Expenses
• Line Items
• Contracts/Contract Terms/Value
• Operational needs, requirements
Execution
• Evaluate
– Competition
• Who
• Products
• Value proposition
• Sales force
• Approach, (how are
they positioning
themselves against us?)
• Positioning (Market)
• Direction
Execution
• Evaluate (become intimately familiar with)
– Verizon Wireless
• Product Set/Offerings (Existing, New -Smart Phones
Samsung i700, Kyocera 7135, Blackberry 6750 etc.)
• Major Initiatives (1xEV-DO rollout, WiFi, etc.)
• Value Proposition
• Processes
• Corporate Culture
• Vision
• Operational Objectives & Goals
Execution
• Develop
– Sales Plans
– Sales Strategies
– Individual Development Plans
– Success Criteria
– BHAG’s (stretch goals)
– Milestones
– Reporting Mechanisms
– Team Vision
– Team Culture
Execution
Implement
If the first two stages of execution are
accomplished effectively implementation
becomes an exercise of commitment, discipline
and evaluation.
Implementation requires a commitment to follow
through, testing of original assumptions,
communication, flexibility and discipline to
delivery.
Execution
• Implement
– Communication (essential, free flow of accurate and timely
information . . . where are we, have things changed, what is going
on?)
– Test Original Assumptions (were we correct?)
– Commitment (ownership of duties, delivery, accountability)
– Flexibility (ability to redirect, change course, react to new
events)
Jim Keenan
Why Jim Keenan
Business through people . . .
Seeing people succeed, and achieve goals they
once thought unattainable provides my true
career motivation.
Beyond my credentials, experience and
commitment to results, is a true desire to be a
catalyst in the growth and development of
people.
Why Jim Keenan
• Strong Leadership
– Execution focused
– Team development and motivation
– MBV (Management by Vision)
– High energy teams
• Unparalleled Sales Expertise
– Complex B2B Sales
– Solution Selling
– C-Level Sales
– Strategic Sales Planning
Why Jim Keenan
• Data Services AND Information
Technology Knowledge and Experience
– VP National Sales ICG Communications
• Managed Modem Product (Dial-up)
– Partner/Sales Manager Born Information
Services
• e-business, Web/Application development, System
Architecture, Systems Integration
Why Jim Keenan
• Budget Management
– Successful large region territory, budget, and
operations manager
• Expense Control
• Financial Planning/Projections
• Focus on ROI
• Excellent Customer Relationship
Management
– Internal and External customers
Why Jim Keenan
• Ability to create and motivate powerful and
productive cross functional teams
• Strategy development and execution
• Product development
• Proven track record of exceeding goals
and objectives - Execution
Why Jim Keenan
• Strong network and community
relationships
– Leadership Denver
– DMCC’s “Chamber 100”
– DMCC-City to City Leadership Exchange
Delegate
– Founder Ready to Work/STRIVE (501c3)
– Big Brother – Big Brother/Big Sister Program
Conclusion
Verizon Wireless dominates B2B wireless
industry . . .competition left scrambling.
Wall Street Journal January 5th
2005
Conclusion
Verizon Wireless
Director Business Sales
Desert Mountain Region
I look forward to meeting with you and your team!
Jim Keenan
303-777-8300
www.mycareersite.info/jimkeenan182

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Verizon

  • 1. Opportunities Objectives Approach Jim Keenan Desert Mountain Region Director- Business Sales Increase Revenue Increase B2B Market share Subscriber Growth Team Development Business Operations Sales Operations Communication Wireless Data L.N.P. Improved Productivity Sales Experience Budget Mgt Attributes/Community Execution
  • 2. Philosophy Driving business beyond expectations is accomplished though a combination of responsible risk taking and operational efficiency. Maximizing sales is accomplished through teams that have the ability to uniquely understand a client’s individual economic and operational needs. . . and then keenly providing a solution that will undoubtedly ensure that those needs are met. The ability to deliver rests in teams . . . maximize resources by minimizing waste. Effective and efficient processes maximize operational value.
  • 4. Opportunities Wireless Data Wireless Data Services provide Verizon the greatest opportunity to grow market share, increase revenues and increase ARPU!
  • 5. Opportunities Wireless Data – 13.6 Billion Dollar industry by 2006* – 82% of CTOs and IT professionals said they have budget for a wireless data initiative** – 68% of CTO’s budgeted up to 20% of overall budget to wireless data initiative** – Significantly improved value proposition over traditional voice – Enterprise Potential *Soucre: Gartner DataQuest **Source Andrew Seybold Oulook 4 Mobility
  • 6. Opportunities Wireless Data – Why?? • Increased productivity • Customer service/CRM • Access to corporate information – E-mail – Corporate Database • Mobile workforce support • Applications – Horizontal (Groupware, PIM, etc) – Vertical (Industry Specific) – Diagonal (SFA, CRM, SCM)
  • 7. Opportunities L.N.P. (Local Number Portability) LNP will substantially increase the competition in an already competitive wireless market . . . by cutting the “number leash” consumers will be free to demand more from providers. Providers who are unable to offer, sell and deliver substantial value and service will find themselves losing the wireless race.
  • 8. Opportunities L.N.P. (Local Number Portability) – Two-tiered approach • Offensive- Attack competition’s subscriber base – Deliver greater value proposition – Establish Verizon as the clear alternative – Build strong relationships within competition’s account base, become “Trusted Advisor” – Promotions– Increase competitor’s churn
  • 9. Opportunities L.N.P. (Local Number Portability) – Two-tiered approach • Defensive- Protect our existing subscriber base – Strengthen existing relationships – Establish client dependency » Longer contract terms etc. – Solidify Verizon value proposition – Become an intricate asset to clients’ operational goals – Promotions- Customer Loyalty
  • 10. Opportunities Improved Productivity – “It’s the economy stupid”* • Saving one man hour a day saves a company $120 per employee, per day** • Organizations are looking for effective ways to improve operational efficiency • Today’s economy demands more with less *Presidential Race, 1992 **Andrew Seybold Outlook 4 Mobility
  • 12. Objective Revenue 1. Increase Desert/Mountain Region Business Sales by 30% year over year 2. Grow ARPU by 10% a) ARPU Ratio i. Data 25% ii. Voice 75% 3. BHAG*-Reach $60.00 ARPU *Big Hairy Audacious Goal-Built to Last Collins and Porras © 1994
  • 13. Objective Market Share 1. Increase regional market share by 25% in 24 months 2. Grow regional market share by 50% in 36 months 3. BHAG-Double regional market share
  • 14. Objective Subscriber Growth 1. Gross Gains – Increase by 15% 2. Churn – Reduce by 25% (CRM, Service, Responsiveness) • BHAG- decrease to less than 1% 3. Net Adds – Increase by 20%
  • 16. Approach Team Development The most critical component to success is people . . . therefore success will be infinitely tied to the quality, energy and culture of the team and its people. A culture of execution through diversity of thought, respect, commitment, accountability and integrity can be expected.
  • 17. Approach • Culture – Integrity – Teamwork – Respect – Lifestyle Balance – Communication – Accountability – Commitment – C.O.R.F • Challenge • Opportunity • Reward • Fun Team Development
  • 18. Approach • Culture – We will be committed to • Open thinking, thought sharing • Execution • Ownership of responsibilities • Accountability/Results • Balanced Lifestyle – We will set the standard for team dynamics Team Development
  • 19. Approach Team Development • Support – Tools – ensure the necessary tools are in place to effectively accomplish goals – Access – ensure a bottom up line of communication is established – Responsive/Follow through – nothing dies on the vine – Training – people are provided the necessary training for career and personal development
  • 20. Approach Team Development • Leadership – Bench/Talent development - identify and mentor new leaders – Evaluations – provide team with clear understanding of their strong performance as well as expected improvements – Mentoring/Coaching – develop and grow individual strengths, provide coaching for weaknesses, create personal development plans, cross manage team
  • 21. Approach Team Development • Leadership – Direction – create and manage to clear team Mission and Vision – Right People in the right positions – Energy – energize the team – Decisive –clear and definitive on tough issues – Behavior – demonstrate desired behaviors – Consistency – set expectations
  • 22. Approach • Team – Create high-end team, well versed and positioned to sell the value of wireless communications (especially wireless data) – Create success driven, value based, selling team – Establish solution selling, needs based, sales environment – Promote operationally focused environment Team Development
  • 23. Approach Team Development • Team – Establish the industry’s most highly sought after and respected sales team – Recognized by clients as the authority in wireless communications or “Trusted Advisors” (especially wireless data)
  • 24. Approach Business Operations • Evaluate existing budget and current expenditures – Focus on cost of sales – Target operating cash flow – Focus on Economic Denominators (ARPU, Churn, Gross Gains etc.)
  • 25. Approach Sales Operations – Establish sales methodology and process – Create clear forecasting metrics – Improve forecasting accuracy – Create shorter, more linear sales cycles – Create robust and definitive territory sales plans – Align team incentives with Verizon’s goals and objectives – Form Partnerships (System Integrators, Wireless Application Developers etc.)
  • 26. Approach • Success Framework – Team Learning Environment • Cross Team Management – Leverage individual strengths across entire team – Improve collective whole – Minimize 80/20 rule • Team Presentations – Research and report on specific areas (sales, industry verticals, operational processes, etc.) – Industry trends
  • 27. Approach • Success Framework – Sales Meetings • Pipeline Management – Opportunity assessment/evaluation – Moving opportunities forward – Identifying/manage objections – Forecasting – Creating new opportunities • Plan Development – Plan management • Buyer Identification
  • 28. Approach • Success Framework – Consultive/Solutions Selling • Problem Identification • Problem Solving • Solutions Development • Case Studies • Client Education – Increase adoption rates • TCO • ROI
  • 29. Approach • Success Framework – Recognition • Letters, Notes – To Individual – To manager • Small Awards • Team Recognition • Constant Feedback
  • 30. Approach Communication – Establish bi-lateral communication with all Verizon stakeholder groups • Executive Team • Data Sales • Retail • Indirect Sales • Sales Operations • Other area teams
  • 31. Approach Communication – Provide accurate reporting to enable precise organizational planning – Maintain an open environment to ensure bottom up communication
  • 33. Execution Execution At the end of the day the success of an organization is accomplished through its ability to execute . . . to just get it done! Just getting it done consists of 3 elements; evaluating, developing, implementing
  • 34. Execution Evaluate Develop Implement Information: Who What How Why Creation: Assumptions Discussions Compromises Commitment Ownership Action: Attack Contingency Measure Deliver Execution Execution
  • 35. Execution • Evaluate – Team • Strengths • Weaknesses • Product Knowledge • Comfort Selling Data • Knowledge of Data Environment • Selling Strategies • Sales Skills • Team Dynamics • Relationships • Performance • Untapped Opportunities
  • 36. Execution • Evaluate – Sales • Sales Cycle • Sales Process • Sales Plans • Existing Tools (case studies, collateral, programs, etc) • Other Regional Teams (Where are they successful?) • Training • Comp Plan/Incentives • Existing Client Base • Partnerships (System Integrators, Application Developers etc.)
  • 37. Execution • Evaluate – Markets • Economic Conditions (War, Double Dip Recession, Rates) • Growth Potential (L.N.P., Data etc.) • Opportunities (Cost Cutting, Growth Markets, Operating Margins, Travel) • Risks (Environmental, Competitive) • Existing Performance • Market Position/Share (per market)
  • 38. Execution • Evaluate – Operations • Current Goals and Objectives • Performance • Costs/Expenses • Line Items • Contracts/Contract Terms/Value • Operational needs, requirements
  • 39. Execution • Evaluate – Competition • Who • Products • Value proposition • Sales force • Approach, (how are they positioning themselves against us?) • Positioning (Market) • Direction
  • 40. Execution • Evaluate (become intimately familiar with) – Verizon Wireless • Product Set/Offerings (Existing, New -Smart Phones Samsung i700, Kyocera 7135, Blackberry 6750 etc.) • Major Initiatives (1xEV-DO rollout, WiFi, etc.) • Value Proposition • Processes • Corporate Culture • Vision • Operational Objectives & Goals
  • 41. Execution • Develop – Sales Plans – Sales Strategies – Individual Development Plans – Success Criteria – BHAG’s (stretch goals) – Milestones – Reporting Mechanisms – Team Vision – Team Culture
  • 42. Execution Implement If the first two stages of execution are accomplished effectively implementation becomes an exercise of commitment, discipline and evaluation. Implementation requires a commitment to follow through, testing of original assumptions, communication, flexibility and discipline to delivery.
  • 43. Execution • Implement – Communication (essential, free flow of accurate and timely information . . . where are we, have things changed, what is going on?) – Test Original Assumptions (were we correct?) – Commitment (ownership of duties, delivery, accountability) – Flexibility (ability to redirect, change course, react to new events)
  • 45. Why Jim Keenan Business through people . . . Seeing people succeed, and achieve goals they once thought unattainable provides my true career motivation. Beyond my credentials, experience and commitment to results, is a true desire to be a catalyst in the growth and development of people.
  • 46. Why Jim Keenan • Strong Leadership – Execution focused – Team development and motivation – MBV (Management by Vision) – High energy teams • Unparalleled Sales Expertise – Complex B2B Sales – Solution Selling – C-Level Sales – Strategic Sales Planning
  • 47. Why Jim Keenan • Data Services AND Information Technology Knowledge and Experience – VP National Sales ICG Communications • Managed Modem Product (Dial-up) – Partner/Sales Manager Born Information Services • e-business, Web/Application development, System Architecture, Systems Integration
  • 48. Why Jim Keenan • Budget Management – Successful large region territory, budget, and operations manager • Expense Control • Financial Planning/Projections • Focus on ROI • Excellent Customer Relationship Management – Internal and External customers
  • 49. Why Jim Keenan • Ability to create and motivate powerful and productive cross functional teams • Strategy development and execution • Product development • Proven track record of exceeding goals and objectives - Execution
  • 50. Why Jim Keenan • Strong network and community relationships – Leadership Denver – DMCC’s “Chamber 100” – DMCC-City to City Leadership Exchange Delegate – Founder Ready to Work/STRIVE (501c3) – Big Brother – Big Brother/Big Sister Program
  • 51. Conclusion Verizon Wireless dominates B2B wireless industry . . .competition left scrambling. Wall Street Journal January 5th 2005
  • 52. Conclusion Verizon Wireless Director Business Sales Desert Mountain Region I look forward to meeting with you and your team! Jim Keenan 303-777-8300 www.mycareersite.info/jimkeenan182