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Situation:
Lockwood Greene faced intense competition and was continually forced
into price
bidding situations, forcing them to compromise their margins to win the
deal. Many of
Lockwood Greene’s customer relationships existed primarily on a
project-to-project
basis, revolving solely on the product they delivered. This was a common
trend in
the architectural engineering
industry. Lockwood Greene was searching for a way to
gain market dominance by differentiating themselves within this
industry.
Solution:
CRD designed a solution that closed the gap between Lockwood Greene’s
current
state and its desire to increase client retention, sell new business at
higher margins
and land premier projects. CRD collaborated with Lockwood Greene to
create a
proprietary process called Outcomes by Designâ
that enables them to deliver superior
levels of value for customers and increased margins for Lockwood Greene
by selling
economic as well as engineering outcomes to senior level managers.
Impact:
One of the first successes of Outcomes by Designâ
was landing a
multi-million dollar uncontested contract with a major manufacturer.
With its
new brand identity and relationship building model, Lockwood Greene
bypassed the
standard bidding process and developed a relationship with senior
managers that
resulted in several additional contracts with the manufacturer.
Outcomes by Designâ helped Lockwood Greene
significantly increase its
annual sales. They were able to develop more long-term relationships at
executive levels because they were utilizing the value of agenda
alignment
between themselves and their customers.
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