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Key Account Management: Retention, Growth and Renewals [EN]

Key Account Management: Retention, Growth and Renewals [EN]

PapaHR ★ 160K students: Courses in Human Resources, HR, SHRM, AI Talent Analytics, HRMS, HRIS, CIPD, Claude, HRCI, PHR, Rewards5.0 rating168826 enrolled

What you'll learn


  • Build a retention plan and an engagement-based plan alongside the new business plan

  • Audit how your service is actually experienced by the accounts you want to keep

  • Choose between net promoter, satisfaction, effort and first-contact resolution deliberately

  • Calculate what losing an account costs, and use it to fund a retention programme

  • Design a survey that measures relationship health rather than politeness

  • Turn survey results into an action plan somebody owns

  • Handle a difficult account without either capitulating or escalating

  • Hire, train, coach and pay the team that does all of this

  • Learn alongside Mike's 1.6 million students from 185 countries

  • Get the author's experience from Preply, Wargaming, iDeals and Alfa-Bank

Who this course is for:


  • Account managers responsible for renewals and growth in existing accounts
  • Sales leaders whose new business is strong and whose retention is not
  • Customer success and service leaders building standards and metrics
  • Founders whose revenue depends on a small number of relationships
  • Managers who inherited a portfolio and cannot tell which accounts are at risk
  • Team leads building or rebuilding a commercial team
  • Anyone who found out an account was leaving at the renewal conversation

Description


This course contains the use of artificial intelligence.

Revenue from an existing customer costs a fraction of revenue from a new one. Almost every company knows this and almost none runs retention as a system the way it runs acquisition.

How an account is actually lost

Never at the renewal conversation. It is lost over months, in small signals nobody was tracking: response times slipping, the internal champion changing role, satisfaction scores drifting a point at a time, a complaint handled politely and never fed back to anyone. Then the renewal arrives and the answer is already decided. I have sat in that meeting having genuinely believed the relationship was fine, and every warning sign had been visible in data we collected and did not read.

What this course actually covers

Five blocks. First, the team that holds the relationships: sixteen lessons on hiring, onboarding, training, coaching and paying commercial people, including the retention plan and the engagement-based plan alongside the new business plan, plus demand generation, conversion and the agreement with marketing. Second, the service side of the relationship — auditing how you are experienced, building the standards, the team behind them, and the metrics that predict a renewal. Third, churn as a method: causes, measurement, calculating what a loss costs, designing the retention programme, implementing it against resistance, and reporting on it. Fourth, measuring relationship health — survey types, question design, scales, the report and the action plan. Fifth, open conflict: escalation, prevention and mediation.

A note on the churn block

Those six lessons were recorded about employee attrition rather than customer churn. They are here for the method, which is structurally identical: find the causes, measure it properly, calculate the cost of a loss, build a programme, implement it, check whether the number moved. The cost-of-loss calculation in particular transfers directly. I would rather say that than let you discover it in lesson twenty-five.

Who is teaching this

I am Mike Pritula. I built the people system at Preply as it became a unicorn, and I have worked at Wargaming, iDeals and Alfa-Bank. More than 1.6 million students have enrolled in my courses across 185 countries, and over 150,000 specialists have gone through my programmes. I hold PHRi and SHRM-CP certifications and represent HRCI in more than ten countries.

What is included

  • Lifetime access to all 42 lessons

  • Active instructor support in the Q&A section

  • A Udemy Certificate of Completion

  • Working material: the candidate scorecard, coaching plans, the retention and engagement plans, service standards and the metric set, the cost-of-loss calculation, survey design and reporting, the conflict resolution algorithm

  • Practical work on your own accounts rather than on a case study

Where to start

Take the last account you lost and write down the earliest signal you can now identify. Then check whether that signal existed in data you already had. It almost always does. Enrol now and start today.