Case Study
Exploring the Decision Making Process of Key Accounts
Issue:
A large energy company wanted to learn more about the potential decision-making process of key commercial and industrial customers in a new market environment brought about by deregulation.
Approach:
Challenged to investigate a yet-to-be formed decision process, the Blackstone Group designed an innovative, but highly effective research approach.
- The research’s first phase developed hypotheses based on face-to-face, in-depth interviews.
- In the second phase, half-day simulation sessions with employees of the client’s largest accounts helped articulate potential decision-making processes.
- Members of the client’s sales force played key roles in these simulations.
Results:
From these two phases of research, the Blackstone Group was able to provide the energy company recommendations for fostering growth and long-term loyalty. Our recommendations included industry leadership tactics, market entrance strategies, potential service offerings and internal organizational changes.