Strategic Leadership
Companies adopting a SaaS or On-Demand model find the differences from the traditional software business are comprehensive and significant. More than merely implementing a new pricing scheme or delivery mechanism, adopting the service-focused model requires assimilating an entire new DNA into every aspect of the software business.
Product Management: Will application architecture scale to support aggressive growth? Can improvements and upgrades be introduced frequently and seamlessly to the entire user base at one time?
Usage Monitoring & Measurement: Do customers' usage patterns reveal preferences, and can the application capture them for future refinement? Are the right behaviors measured and monetized to maximize pricing effectiveness?
Contracts & Licensing: Do end users sign a services agreement? How is it different from a traditional license, and does it reflect the business relationship offered by the provider?
Accounting, Finance, and Performance: How does the company measure success? Which metrics most accurately reflect the business: “bookings,” or “cash flow” or “recurring revenue” or “earnings?”
Incentive Compensation: Are sales expenses aligned with revenue objectives? How does the compensation plan align with the revenue model?
Customers, the Market, and Growth: Which users evangelize on the provider’s behalf? Will Marketing succeed in driving interest virally? How deeply has the service-orientation been embedded in the SaaS company’s DNA?
Keychain Logic transmits expertise to its clients’ teams. By ensuring a complete strategic plan incorporates SaaS best practices and encourages a service-focused environment, Keychain Logic's leadership builds cultures focused on winning.
To learn more, contact Keychain Logic for an assessment. |