Multi-Stakeholder Buying Committees =================================== Slide 1: Multi-Stakeholder Buying Committees Narration Anna: Selling to an enterprise is like getting the extended family to agree on a restaurant. Greg: Exactly, every department wants a say before signing a cheque. Anna: So one enthusiastic contact isn't enough? Greg: Not even close—you need consensus across the organisation. On-screen text Multi-Stakeholder Buying Committees Navigating complex enterprise deals is like choosing a restaurant with the whole family Slide 2: Enterprise purchase journey Narration Anna: What's the usual path a big company takes before buying? Greg: They gather requirements, issue an RFP and shortlist vendors for demos. Anna: Then comes a pilot or proof of concept before contract talks. Greg: And at a bank, even tiny deals sit in security and legal reviews for months—classic ITIL change control. On-screen text Enterprise purchase journey - Requirements, RFP and vendor shortlist - Pilot or proof of concept to test fit - Contract negotiation with procurement - Security and legal reviews before rollout Slide 3: Roles in the committee Narration Anna: Who sits on these committees anyway? Greg: There's an economic buyer with budget, a technical buyer checking architecture, and a champion pushing the project. Anna: Legal, compliance and even end users weigh in too. Greg: Plus IT ops and procurement hunting for red flags—each has a different worry to address. On-screen text Roles in the committee - Economic buyer controls budget - Technical buyer validates fit - Champion pushes internally - Legal/compliance vets obligations - End users and IT ops assess practicality - Procurement checks costs Slide 4: Long deal cycles Narration Anna: These deals seem to drag on forever. Greg: Six to twelve months is normal once procurement insists on getting the lowest price for the longest time. Anna: What keeps them moving forward? Greg: Regular check-ins and a clear paper trail so momentum isn't lost. On-screen text Long deal cycles - Six to twelve months of meetings - Pilots, security and compliance reviews - Procurement stretches pricing talks - Patience and documentation win Slide 5: Mapping consensus Narration Anna: How do you win over so many voices? Greg: Map out influencers and tailor messages to their goals. Anna: A hospital project means doctors, IT ops, finance and compliance all get different slides. Greg: Right, when each person feels heard the group finally moves to yes. On-screen text Mapping consensus - Identify influencers and blockers - Tailor value to each role - Hospital projects need doctors, IT, finance and compliance aligned - Track decisions over time Slide 6: Key takeaway Narration Anna: So closing big deals is more diplomacy than pitching. Greg: Totally. The win comes when every stakeholder believes the solution helps them. Anna: Graduates might be the analyst keeping track of all those voices. Greg: Stick with it—the marathon finish can reshape a vendor's entire year. On-screen text Key takeaway Big deals close when every stakeholder sees their needs addressed—and grads may help herd the cats.