Revenue Generation via Value Engineering ✦ Business Unit & Market Startup/Scaling ✦ Partnerships/Alliances Management ✦ Sales Leadership ✦ Team Building & ManagementAs a technology executive, sales thought leader, partnership/alliance builder, and value engineer, I built a successful career managing the most strategic accounts for both enterprise software and related services. Over the years, my career has evolved from global enterprise software sales and market creation with JD Edwards to serving as member of the senior leadership team for a game-changing cloud startup at SAP. The partnerships brought scale and a career red-thread. My command of business case development using story-telling and financial metrics provided a compelling value proposition and competitive edge to large, complex technology deals. Equally important, I am a collaborative leader and high impact team builder in both matrix and direct reporting organizations. Multilingual (English, French, German, Japanese) with dual citizenship (UK and US), I’ve lived in the US, Canada, UK, Cyprus, Ireland, and Germany and traveled extensively worldwide for business development, deal closing, and client relationship building. My strengths include quickly developing solid trusted advisor relationships in diverse cultural settings.Representative examples of my achievements include:✦ Boosted
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Vice President, Global Strategic Partner ProgramSap America, Inc., Newtown Square, Pa Jan 2018 - Apr 2024New Jersey, UsaStrengthened a challenging global strategic partner relationship (Infosys) at the global leader in enterprise software. Guided a global team of five partner managers based in the US, UK, Germany, India, and Brazil in a matrix organization. Led team that delivered 248% YOY revenue growth and 293% pipeline growth with a challenging multibillion-dollar services partner relationship during 2018 to 2021. Elevated partner’s position/perception in SAP’s eco-system (from field sales to Board level) while protecting SAP’s interests. Raised partner ranking and drove incremental change/improvements into Infosys’ value proposition making it relevant to SAP sellers.
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Global Partner Lead – Hana Enterprise CloudSap America, Inc., Newtown Square, Pa Nov 2013 - Dec 2017GlobalPromoted to join the senior leadership team of a new business unit that built, launched and drove adoption of SAP’s first Cloud-based capability (HANA Enterprise Cloud) with a delivery network of six cloud partners in 213 countries and 129 data centers in just nine months. Established foundation for what is now SAP’s core revenue stream that grew the global business to 535 customers and 3,400 databases under management in first three years. Contributed to substantial rise in total contract value ($204M) with significant license pull-through effect. Spurred migration of 85% of global HANA pipeline for Cloud delivery within 14 months through partner engagement initiatives. Managed five Partner Managers accountable for key partnerships with HPE, NTT, Virtustream, CTRL-S (APJ), and CenturyLink. Personally managed strategic alliance with IBM.
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Senior Principal, Sap Services ConsultingSap America, Inc., Newtown Square, Pa May 2008 - Nov 2013GlobalSelected based on sales thought leadership in prior value engineering (VE) roles to build out sales positioning and messaging for a new series of premium maintenance services to be launched globally. Helmed VE and operations for a newly created consulting team and drove the process by developing an internal thought leadership “factory” with the value-sensitive North American market as a test region. Conducted value assessments, quantitative analysis, ROI modeling, and value realization benchmarking. Led VE operations and team that delivered 100%+ YOY growth in North America.
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Senior Principal, Sap Value EngineeringSap America, Inc., Newtown Square, Pa Feb 2006 - Oct 2008Promoted to join SAP’s new, leading-edge Value Engineering team tasked to provide thought leadership and clear direction to a global, cross-functional, and matrixed team with the goal of minimizing risk, cost, and customer pushback from a planned and unpopular maintenance price increase. Efforts led to creation of the VE framework, assets, and sales tools required to build hard-number value and business cases with supporting messaging for successful global field rollout.
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Global Product Manager, Sap Active Global SupportSap America, Inc., Newtown Square, Pa Jan 2004 - Jun 2006Palo Alto, CaEnabled company to reinvent and reposition the product support organization’s flagship F500 maintenance services portfolio—SAP’s core profit center. Tasked with conception, development, and global roll out of messaging, positioning, sales kits, and value-calculator tooling to help increase services sales pipeline 190%.Prior experience in rapid promotions in Europe and the U.S. at JD Edwards/Oracle: Business Development Director, International Sales Director, Senior International Account Executive/Account Executive, and Channel Partner Sales Manager
Michael Preston Education Details
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Bachelor Of Arts, Business -
Diploma – Japanese
Frequently Asked Questions about Michael Preston
What is Michael Preston's role at the current company?
Michael Preston's current role is Principal Business Value Strategist & Consultant – Technology ✦ Combining Value Engineering and Strategic Alliances to Achieve Compelling Partnerships..
What schools did Michael Preston attend?
Michael Preston attended University Of Plymouth, University College Dublin.
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Michael Preston
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Michael Preston
Chief Financial & Legal Officer | B2B Software, Technology & Healthcare | 30+ Acquisitions | P&L Responsibility | Positive Communicator / Relationship Builder With Equity & Debt Providers | Fp&A FocusRaleigh-Durham-Chapel Hill Area -
Michael Preston
Managing Director - Finance Transformation At Goldman SachsNew York City Metropolitan Area3gmail.com, goldmansachs.com, gs.com2 (212) 9XXXXXXX
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