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Healthcare Targets – Stakeholder Maps

How to reach the right people in Healthcare #1

Getting a meeting with healthcare target buyers is one of the toughest challenges in selling to hospitals and other healthcare organizations. They buy differently and take forever to sell to. There are no silver bullets to this. Over the next few weeks, we will provide some simple tips on how you can increase your sales conversions by reaching the right people in a healthcare organization.

Step 1 is to develop a stakeholder map.

Stakeholder Checklist

Selling to healthcare is complex and involves multiple stakeholders. Stakeholder management is the best practice in complex sales. Experienced salespeople know that to close deals with healthcare organizations, you have to identify all those who have a stake in the decision to buy your solution.

Here is a checklist of stakeholders:

  • Champion – The single most important stakeholder. The person in the organization who wants their organization to buy your solution and will jump through hoops to make you successful.
  • Problem Owner – The person who owns the problem you are solving.
  • Decision-maker(s) – The person or people who make the final decision
  • Budget-owner – The person who has the budget for the solution.
  • Influencer(s) – People who can affect the requirements and other factors that go into the decision.

Note: Often, stakeholders play multiple roles in buying your solution. For example, the champion may also be the problem owner; the decision-maker also owns the budget or; the champion and problem owner may be the decision-makers.

Stakeholder Map

We created this simple framework to help you map your stakeholders. You can download the framework here.

In my own experience selling communications solutions, the typical stakeholders were:

  • Champion – Often the person responsible for technology innovation
  • Business Owner – Typically the Chief Medical Officer and sometimes the CIO
  • Decision-maker – Usually, it was shared, and sometimes the CEO
  • Budget-owner – Most often, the CIO
  • Influencers – The Medical executive committee, the chief security officer, the applications directors

 

You can download a simple checklist and the framework here.

In our next post on healthcare targets on how to reach the right people in Healthcare, we will cover personas and why they matter in selling to healthcare.

Photo by Annie Spratt on Unsplash

Posted by Adam Turinas
Posted in Selling to Healthcare on June 7, 2020

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About the Author Adam Turinas

Hi, I am Adam Turinas, Health Launchpad's founder. I am passionate about helping healthtech firms succeed through better sales and marketing. I have hard-earned experience in healthcare technolgy as I started two healthcare businesses in the US, the first with zero healthcare experience. We sold the second business to a strategic buyer seven years later. Over 9 years building a healhtech businesses, I have learned how to sell and market effectively to healthcare organizations. Prior to this, I spent two decades in digital marketing across healthcare and other consumer industries where I sold over $100 million in products and services to corporations and healthcare orgs. I would love to talk with you. You can book a call with me on the right hand side. Best Adam (This is page 0 of many)Enter your text here...

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