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Key Account Manager

"We enable greatness in people and organizations everywhere. "FranklinCovey (NYSE: FC) is the workplace of choice for Achievers with Heart . We are one of the largest and most trusted leadership companies in the world, with directly owned and licensee partner offices in over 160 countries and territories. With more than 2,000 global associates, FranklinCovey transforms organizations by partnering with clients to build leaders, teams, and cultures that get breakthrough results through collective action. Our services and products are primarily delivered through our subscription offerings, which are comprised of the FranklinCovey All Access Pass , which is primarily sold through our Enterprise Division, and the Leader in Me membership, which is designed specifically for our Education Division. Enterprise clients include Fortune 100 ,? Fortune 500 , thousands of small and mid-sized businesses, and numerous government entities. FranklinCovey Education has shared our programs, books, and content with thousands of public and private primary, secondary, and post-secondary schools and institutions.To learn more, visit franklincovey.com .Title: Key Account ManagerDivision & Department: Enterprise Client SuccessStatus: Full-Time ExemptReports to: Managing Director, Key AccountsLocation: Remote - Anywhere in the contiguous United StatesJob SummaryAs the Key Account Manager, you will focus on cultivating, nurturing, and expanding relationships with our existing clients, specifically with organizations that employ over 25,000 individuals. Your primary goal will be to drive revenue growth by identifying and pursuing opportunities for upselling and cross-selling our products and services, as well as overseeing and closing contract renewals to ensure long-term client satisfaction. The ideal candidate will have a strong understanding of Key-level client needs and a proven track record of managing complex accounts.Essential Job Functions- Client Relationship Management: Build and maintain strong, long-lasting relationships with key stakeholders within assigned Key accounts to foster trust and loyalty.- Business Growth: Identify and pursue opportunities for expanding the book of business within existing accounts, focusing on upselling and cross-selling initiatives.- Strategic Planning: Collaborate with clients to understand their business objectives and challenges, and develop tailored strategies that align our solutions with their needs.- Account Monitoring: Regularly assess account performance, tracking key metrics and customer feedback to ensure satisfaction and drive retention.- Cross-Functional Collaboration: Work closely with internal teams, including sales, marketing, and product development, to ensure alignment on client needs and deliverables.- Reporting and Analysis: Prepare and present detailed reports on account performance, pipeline growth, and industry trends to both internal stakeholders and clients.- Problem Resolution: Address client concerns promptly and effectively, ensuring timely solutions and a high level of client satisfaction.Basic Qualifications- Bachelor's or advanced degree in Business Administration, Marketing, or a related field.- 7+ years of experience in account management, sales, or business development.Preferred Skills & Experience- 7+ years of experience in a Key environment.- Proven track record of successfully managing and growing client accounts, with demonstrated ability to meet or exceed revenue targets.- Strong understanding of Key client needs and market trends within relevant industries.- Excellent communication, negotiation, and interpersonal skills.- Ability to work independently and collaboratively in a fast-paced environment.- Proficiency in CRM software and Microsoft Office Suite.- Strong analytical and problem-solving skills, with a results-oriented mindset.For location-specific compensation:California - Anticipated compensation for this position is $200-270k OTE split 60/40 between base/commission. Actual offer may be outside of this prediction and will be determined by education, experience, knowledge, skills, and abilities, as well as geographic location, internal equity and alignment with market data.Colorado - https://franklincovey365.sharepoint.com/:b:/s/NewHireDocsPublic/EUMdNdJVTpNCtWkWSvlqb3cBGnz-p-KKdCzaOtBjBzlJkA?e=ef4aNMHawaii - Not hiring in this locationIllinois - https://franklincovey365.sharepoint.com/:b:/s/NewHireDocsPublic/EUMdNdJVTpNCtWkWSvlqb3cBGnz-p-KKdCzaOtBjBzlJkA?e=2meIFOMaryland - https://franklincovey365.sharepoint.com/:b:/s/NewHireDocsPublic/EUMdNdJVTpNCtWkWSvlqb3cBGnz-p-KKdCzaOtBjBzlJkA?e=u1QWnZMinnesota - https://franklincovey365.sharepoint.com/:b:/s/NewHireDocsPublic/EUMdNdJVTpNCtWkWSvlqb3cBGnz-p-KKdCzaOtBjBzlJkA?e=nz6bLrNew Jersey - https://franklincovey365.sharepoint.com/:b:/s/NewHireDocsPublic/EUMdNdJVTpNCtWkWSvlqb3cBGnz-p-KKdCzaOtBjBzlJkA?e=HvxBjlNew York - https://franklincovey365.sharepoint.com/:b:/s/NewHireDocsPublic/EUMdNdJVTpNCtWkWSvlqb3cBGnz-p-KKdCzaOtBjBzlJkA?e=rdbecsVermont - https://franklincovey365.sharepoint.com/:b:/s/NewHireDocsPublic/EUMdNdJVTpNCtWkWSvlqb3cBGnz-p-KKdCzaOtBjBzlJkA?e=EXrVHBWashington - https://franklincovey365.sharepoint.com/:b:/s/NewHireDocsPublic/EUMdNdJVTpNCtWkWSvlqb3cBGnz-p-KKdCzaOtBjBzlJkA?e=mnrul4Washington DC - https://franklincovey365.sharepoint.com/:b:/s/NewHireDocsPublic/EUMdNdJVTpNCtWkWSvlqb3cBGnz-p-KKdCzaOtBjBzlJkA?e=enV9pIBenefits include medical, dental, and vision insurance, HSA, employee stock purchasing program, 401(k), paid time off, holiday pay, and more. Please visit https://franklincoveybenefits.com/ for details.#LI-Remote#LI-AT1Unless otherwise noted, applications will be accepted for a minimum of three (3) days from the initial published date on the FranklinCovey job board, but the posting may close at any time after the specified duration.Employer InformationPlease visit franklincoveybenefits.com for a complete US benefits overview. Benefits may include medical, dental, or vision insurance, HSA, PTO, 401(k), holiday pay, employee stock purchasing options, or other benefits. To determine status eligibility, visit https://franklincoveybenefits.com/enroll/ .For an overview of our Interview Process, please visit https://franklincovey.com/careers/working-at-franklincovey/ .FranklinCovey is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Please visit https://www.franklincovey.com/careers/notices-and-provisions/ for our full Equal Employment Opportunity policies and Notice and Pay Transparency Nondiscrimination Provision.Direct Reasonable Accommodation requests toaccommodations@franklincovey.com.For our Privacy Policy, please visit https://www.franklincovey.com/privacy (https://sites.google.com/franklincovey.com/equal-employment-opportunity/adaraptnp) .

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What You Should Know About Key Account Manager, FranklinCovey

Are you ready to take charge as a Key Account Manager at FranklinCovey in Des Moines, IA? This isn’t just any job; it’s your chance to make a significant impact on the way organizations empower their people. At FranklinCovey, known globally as a leader in training and development, we’re looking for someone passionate about client relationships and excited to drive revenue growth. You will be at the forefront of nurturing and expanding relationships with our major clients, specifically those employing over 25,000 people. Your role will focus on identifying opportunities for upselling and cross-selling our innovative solutions. You’ll collaborate closely with clients to understand their challenges, strategize tailored solutions, and ensure their long-term satisfaction. With a solid foundation of 7+ years in account management or sales, and a knack for navigating complex accounts, you will not only report on account performance but also adapt and implement strategies in a fast-paced, collaborative environment. If you excel at building rapport, resolving client concerns, and presenting insightful analyses, we’d love to see how you can contribute to our team’s success at FranklinCovey. Join us, and let’s enable greatness together!

Frequently Asked Questions (FAQs) for Key Account Manager Role at FranklinCovey
What are the responsibilities of a Key Account Manager at FranklinCovey?

As a Key Account Manager at FranklinCovey, your primary responsibilities include building long-lasting relationships with key clients, identifying upselling and cross-selling opportunities to drive revenue growth, collaborating with clients on their business challenges, and overseeing contract renewals to ensure client satisfaction. Additionally, you'll work closely with internal teams to align on client needs and prepare detailed performance reports.

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What qualifications are needed for the Key Account Manager role at FranklinCovey?

To be considered for the Key Account Manager position at FranklinCovey, you should have a Bachelor’s or advanced degree in Business Administration, Marketing, or a related field. Moreover, 7+ years of experience in account management, sales, or business development is essential, along with a proven track record in a client-driven environment, strong communication skills, and proficiency in CRM software.

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How can I enhance client relationships as a Key Account Manager at FranklinCovey?

Enhancing client relationships as a Key Account Manager at FranklinCovey involves regular engagement, understanding client needs deeply, providing tailored strategies that address their business objectives, and consistently showcasing value through your solutions. Building trust and loyalty through transparent communication and effective problem resolution will also play a crucial role in strengthening these relationships.

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What type of clients will the Key Account Manager work with at FranklinCovey?

In the Key Account Manager role at FranklinCovey, you will primarily work with large organizations, specifically those that employ over 25,000 individuals. This includes Fortune 100 and Fortune 500 companies, small and mid-sized businesses, and various government entities, all looking to enhance their organizational capabilities through our leadership training products and services.

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What are the benefits offered to Key Account Managers at FranklinCovey?

Key Account Managers at FranklinCovey enjoy a comprehensive benefits package, including medical, dental, and vision insurance, an HSA, an employee stock purchasing program, a 401(k), paid time off, holiday pay, and more. These benefits are designed to support the overall well-being and professional growth of our employees.

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Common Interview Questions for Key Account Manager
Can you describe your experience with managing key accounts?

When explaining your experience with managing key accounts, emphasize specific strategies you used to understand client needs, the metrics you tracked to measure success, and the results you achieved through upselling and cross-selling. Use quantifiable examples where possible to illustrate your impact.

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How do you identify upselling opportunities within your accounts?

To answer this, discuss your approach to maintaining strong client relationships and how you proactively assess their needs. Mention how you listen for cues during conversations and analyze account performance data to identify areas where additional solutions could add value.

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What strategies do you use to build trust with your clients?

Building trust involves consistent and transparent communication. Share examples of how you’ve kept clients informed about updates, delivered on promises, and handled difficult conversations. Illustrate with examples of how trust has led to successful long-term partnerships.

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How do you stay informed about industry trends relevant to your clients?

Staying informed about industry trends is crucial. Discuss your methods for following industry news, participating in professional networks, attending conferences, and leveraging resources from your organization to ensure you can provide relevant insights and advice to your clients.

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Describe a challenging situation you faced with a client and how you resolved it.

Here, you should recount a specific instance where a client faced an issue. Explain the steps you took to understand the problem, communicate effectively, collaborate with internal teams for solutions, and ensure the client’s needs were met, demonstrating your problem-solving and conflict resolution skills.

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What do you consider when preparing a performance report for a client?

In preparing a performance report, detail the key metrics you focus on, such as account growth, client feedback, and product usage rates. Explain the importance of tailoring the report to align with the client’s goals and how you use this data to inform future strategies.

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How do you approach contract renewals with clients?

Discuss your strategy for approaching contract renewals, which may include beginning early discussions, reinforcing the value your solutions provide, and addressing any concerns the client may have. Use this opportunity to highlight the positive outcomes achieved during the contract period.

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What collaboration strategies do you employ with internal teams?

Explain your proactive approach to collaboration by detailing how you regularly communicate with marketing, sales, and product development teams to align on client needs. Share how these collaborations ensure you can deliver the right solutions to clients efficiently.

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How do you prioritize multiple accounts effectively?

When prioritizing multiple accounts, discuss the criteria you use, such as revenue potential, relationship strength, and current customer needs. Illustrate your ability to balance proactive engagement with urgent client requests, ensuring all accounts receive appropriate attention.

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What makes you a good fit for the Key Account Manager position at FranklinCovey?

Here, you want to convey your passion for client success, the skills you bring from your experience, and how your values align with FranklinCovey’s mission of enabling greatness. Mention specific accomplishments that reflect your capacity to achieve results similar to those expected in the role.

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Founded in 1997 and headquartered in Salt Lake City, Utah, FranklinCovey is a provider of leadership development, business execution training, and assessment services for organizations.

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Full-time, remote
DATE POSTED
December 8, 2024

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