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This document outlines Seaproof Solutions’ journey in entering the UK market, led by Henrik Bang-Andreasen. As a small specialized company mentoring with BP, we faced challenges in selling our unique services. Our experience highlighted the need for a sharp strategy, identifying potential clients, and the importance of partnerships. Results were initially disappointing, but we improved our approach, honing competitive advantages and developing ongoing business. Key lessons emphasize starting promptly with a targeted mission plan and effective mentorship for success.
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Stavanger 16.03.2010 Henrik Bang-Andreasen
The Seaproof LessonsLearned Our Experience:
Our background Seaproof Solutions – small specialised company Our mentor from BP – Super Major
Our ambitions • Making business in UK • How to sell our stuff in UK • Why so difficult ? • How do we get in; • Where is ”our stuff” sold in the value chain
Mentor direct inputs • Workshop – broaden up – narrow down vision • Facilitated meetings with head of Subsea department • Arranged demonstrations of how procurement of services/products worked in BP • Agreed to discuss our strategy planning for entering UK
Our plan • Set up partnership with company in business in UK • Sharpen strategy • Competitive edge • Differentiators • Identify key potential clients
Our activity outside the plan • How to get in the pipeline to BP • We got the right contacts – why not give it a try • Trying to finalise and push for partnership within timeline of the program • Mentor may assist you looking at a strategy “from the other side” but obviously there is no time or sense in executing with assistance from Mentor
Has the program helped Seaproof in UK • Yes • At first we were disappointed – the strategy cut to the bone, difficult to create similar competitive situation in UK and capitalize on this as in other markets • Then Yes – we have been able to find areas where our competitive edge is good in UK and we have ongoing business and develop business
Lessons learned • Get a sharp Strategy for the program • Go for lean & mean, make it for your best shots • Set a mission plan – make few (very few) objectives you will have time to cover within the program • Scale down to a bare minimum of objectives • Get it approved with your Mentor • Agree “between program activity” with Mentor • Start now – you are already late
Good Luck Henrik Bang-Andreasen. Managing Director, Seaproof Solutions, Norway www.seaproof.com