Case Studies

Business Development Audit—Global Consulting Firm

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Business Development Audit

Goals

  • Gain an objective perspective of the strengths and weaknesses of the business development function as benchmarked against peer services firms.  
  • Identify target areas for improvement and actions that will result in near-term sales engagement and long-term top-line growth.

Actions

  • PIE interviewed ~30 partners to gain insight on current-state business development structure, process, strengths, and weaknesses. 
  • PIE identified strengths and improvement areas across team structure, incentive structure, role definition, and process efficiency, mapping these areas against the maturity curve of industry leaders.  
  • PIE presented the findings to sales leadership via engagement in a 1.5-day workshop to drive buy-in around creating solutions for future improvement. 

Results

  • The team now has a firm-wide accountability system in place that has helped remove siloed activity and encourage collaboration.  
  • The team acted on PIE’s recommendation to underwrite a key customer community, which has resulted in 5+ new opportunities unearthed in the first 6 months. 
  • This team is directionally aligned around BD goals and strategy for the next 3 years. 

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