The champion who left didn’t take a copy of the business case
Most renewals lost to "budget" were actually lost the day one person changed jobs, and the warning signs were visible months earlier.
SBy Steve··5 min read
A renewal goes cold. The reason recorded is budget pressure, or a change of priorities, or a review of all discretionary spend. Sometimes that is true. More often, something narrower happened: the person who understood why you were bought no longer works there, and nothing they knew was written down anywhere their successor would find it. This is a distinct failure from value erosion. In value erosion, the customer still needs what you do and has concluded you deliver less of it than the price implies. In champion turnover, the…
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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.