For Technology Product Management & Marketing Professionals (Length: 13 pages)

June 5, 2007

Stakeholder Centricity: The Metrics That Count

This is the second document in the "Applying Stakeholder Centricity" series.

by Norbert Kriebel

with Pascal Matzke, Daniel Krauss

Executive Summary (This is a document excerpt)

As the demand for information technology (IT) — where the IT department was the primary buyer — is evolving to a demand for business technology (BT) — where business departments and business objectives are substantially more important — technology providers need to adjust the metrics they use to prove the value of their solutions and services to buyers. In this changing buyer structure, sales and marketing executives are continually challenged by two vital questions: What are the most important metrics to use and how does their importance change as the relationship progresses from initial evaluation to funding approval? Forrester surveyed 172 IT and business technology buyers to get deeper insight into their respective demand for specific types of metrics, as well as their satisfaction with the metrics that their providers currently supply. The results clearly indicate that IT and business units have different requirements, that there are significant differences between "best" and "worst" provider practices, and that technical metrics lag far behind business metrics as the relationship changes from "show-and-tell" to "show me the money."

TABLE OF CONTENTS

NOTES & RESOURCES

itemMarketers Cling To Traditional IT Metrics

itemStakeholders Are Dissatisfied With Providers' Metrics

itemBuyers Want Actionable Business Metrics

itemMetrics Carry A Different Weight Throughout The Decision Process

itemMetrics Bear A Different Decision Value

itemProviders Beware: TCO Is Not Inherently Indicative Of Business Value

itemProving Value Is A Route, Not A Coordinate

recommendations

itemMetrics Should Show The Way

We used data from Forrester's November 2006 Global Stakeholder Alignment Online Survey.

Related Research Documents

itemThe Bottom Line: Stakeholder Centricity Must Drive Go-To-Market Strategies

March 23, 2007, Trends

itemStakeholder Centricity: Messaging Value Is Relative To Stakeholders' Objectives

March 21, 2007, Best Practices

itemStakeholder Centricity: Why A Customer Is Different From A Stakeholder

March 9, 2007, Best Practices

itemMy View: IT To BT

August 18, 2006, Quick Take

itemBuilding Meaningful Business Value Propositions

August 8, 2006, Best Practices

Find Documents In Related Categories

This document falls under the following categories. Click on a link below to find similar documents.
Industry: High-Tech, Strategy Execution & Measurement, Tech Marketing Tools & Best Practices
Geography: Asia Pacific, Europe, North America

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