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| Section | Weight | Objectives |
|---|
| Leadership and Renewals Process | 30% | - Quote development, exceptions and order processing - Upsell / cross-sell opportunity identification - Risk assessment at T-9, T-6, T-3 milestones - End-to-end renewals motion and account team collaboration
|
| Customer Success Foundation | 20% | - RM role, tasks and RACI framework - Health Index and success metrics - Recurring revenue financial terms - Success Plan components and RM responsibilities
|
| Cisco Tools and Processes | 15% | - Renewal workflows and escalation procedures - Contract management and entitlement verification - Smart Accounts and licensing frameworks - CCW, renewal tools and automation
|
| Business Acumen | 35% | - Financial terms: CAPEX, OPEX, procurement models - Evaluate customer products and business alignment - Available To Renew, contract value and renewal types - Value communication and tool usage
|
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Cisco Renewals Manager Sample Questions (Q43-Q48):
NEW QUESTION # 43
An important Cisco customer has a large number of individual licenses for Cisco One in Enterprise Networking and engages many Webex users.
The customer has expressed the intention to grow both groups and needs a compelling and simplified proposal.
Which Cisco offer represents the best value for the customer?
- A. Prepare a Partner Branded Managed Service deal.
- B. Ask Cisco team to engage into a Smart Account or Enterprise Agreement annd propose a creation of a Customer Success Plan.
- C. Suggest a simplified discount DSA with the total of licenses from each product Cisco One and Webex.
- D. Propose to migrate to perpetual model.
Answer: B
NEW QUESTION # 44
Which approach should be applied when an opportunity is available to renew?
- A. solutions-led approach
- B. reward-led approach
- C. product-led approach
- D. barriers-led approach
Answer: A
NEW QUESTION # 45
Which two factors drive subscription value for customers?(Choose two)
- A. Freeware offers
- B. Continuous access to innovation
- C. Up to date security protection
- D. Bunding of software and hardware
- E. Training access
Answer: B,C
NEW QUESTION # 46
What is the implication of on-time renewals for an IT service provider company?
- A. There is no significant impact if sales are on plan.
- B. Customer satisfaction is improved.
- C. Incentives will be paid.
- D. No disruption to recurring revenue.
Answer: D
NEW QUESTION # 47
Which service offering helps define the IT vision and strategy of the customer?
- A. training
- B. optimization
- C. advisory
- D. support
Answer: C
Explanation:
According to the Cisco website1, advisory services from Cisco and their partners provide expert guidance and data-driven insights to help customers architect and optimize their IT environment. Advisory services can help customers with:
IT strategy and planning
Business and technology alignment
IT governance and operating models
IT transformation and innovation
IT performance and optimization
NEW QUESTION # 48
......
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