Expert Video

Steve Hurley interviews Nina Hargus, VP of Global Services at EMC Corporation on some of the difficulties in enabling the channel to sell solutions

Defining a "Solution"

"Solutions" is one of those slippery words that can mean anything and everything. In the context of B2B companies, however, the term has taken on a specific meaning.  A council of leading solutions marketing professionals, sponsored by ITSMA, developed the following definition:

"A solution is a combination of products, services, and intellectual property focused on a specific business problem that drives measurable business value."

While we like and agree with this definition, we believe that it's missing s few important elements, so here is our definition:

"A combination of products, services, and intellectual property focused on a specific business problem or opportunity that drives measurable business value and can be significantly standardized. The solutions components can be from either the vendor and one or more partners, and the solutions implementer can be the vendor, the partner, the customer itself, or a combination of the three."

It's a bit longer, and doesn't exactly roll off the tongue, but we nevertheless have found that it clicks with both buyers and sellers given its emphasis on solving specific business problems with measurable business value.  Also, the value is determined by the amount of the solution that is delivered by each of the parties involved in creating the solution. Understood as such, the word "solution" can get beyond the hype and provide important direction to business strategy and operations.

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Entries in governance (2)

11:48PM

Ten lessons for managing a solutions council

Let’s face it: Most solutions are complex offerings. To succeed with solutions, you need deep knowledge of your customers, an ability to collaborate and share resources and assets internally, and a dedication and commitment to ensuring your solution actually works in the customer environment. Sometimes I think our clients wish they were selling golf balls or running shoes - products that are easy to explain, easy for customers to understand, and suggest a clear vision of how customers will use them!

While few of our clients have actually abandoned their B2B careers, they have had to work very hard to figure out how to manage a solutions business effectively. One important step that many of them have taken is establishing a solutions council. These councils are designed to ensure coordination and collaboration across business units and other intra-company boundaries so companies can build, market, and sell integrated solutions more effectively.

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10:05AM

You'll always struggle creating solutions, unless...

We’ve seen it time and time again. Sales execs e-mail their colleagues and report what their customers want. They pass on the concerns, interests and desperate requests – “if you had a securitization system that could do this, or a network optimization application that could give us this level of guarantee, or a CRM system that could provide information in this format, we’d buy in a heartbeat.”  The messages are heard loud and clear, there is flurry of interest and activity at HQ, and then….nothing.

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