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Full-Time

Area Sales Director

Strategic Sales

Posted on 7/16/2024

Okta

Okta

5,001-10,000 employees

Identity and access management solutions provider

Enterprise Software
Cybersecurity

Compensation Overview

$338k - $508kAnnually

+ Equity + Benefits

Senior, Expert

Remote in USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Segment
Marketing
Requirements
  • Proven experience in a large account / strategic segment with Account Executives selling into the largest accounts
  • Experience managing a growth focused team with demonstrated success bringing on new logos
  • Ability to coach on the execution of multi-million dollar deals in large organizations, selling to the C and E suites
  • Able to successfully build and cultivate partner business plans and relationships to ensure strategic alignment and growth for all
  • Deep knowledge of and ability to coach others on the use of MEDDPICC or similar sales framework
  • The ability to build a culture of trust and collaboration with a strong coaching mindset
  • Proven experience leading sales teams through significant transformation and growth
  • Exceptional leadership skills with a strong ability to develop sales talent
Responsibilities
  • Report directly to the Area VP of the region being an active part of the Leadership team; inputting to the strategy and growth of the region.
  • Own the strategy and business plan for the Strategic segment to show how you will executive against revenue and headcount goals.
  • Provide leadership and coaching to a team of highly experienced Account Executives; creating a shared vision and strong team culture.
  • Drive for big wins over $1m + whilst also being mindful of land and expand opportunities as we grow out this segment.
  • Ensure the team is utilizing all resources internally as well as their own skills to drive pipeline and hunt in their new logo accounts.
  • Adopt a collaborative approach with the x-functional teams ensuring the team has the support needed from Alliances, Sales Development, Pre-Sales, Customer First, Legal, Business Value, Marketing and more.
  • Collaborate with our Alliances and GSI teams to solidify and grow our relationships with key partners.
  • Act as an Executive Sponsor on critical deal opportunities.
  • Support the AE's with using MEDDPICC to navigate complexity; spot gaps and maximize opportunities.
  • Lead by example by running forecasting accuracy and ensuring deal accountability.
  • Provide ongoing performance reviews supporting the AE's with career development.
  • Live by a data driven approach; using data to monitor and track team performance.

Okta provides identity and access management solutions that help businesses and organizations securely manage user access to resources. Their cloud-based platform includes tools for single sign-on (SSO), multi-factor authentication (MFA), lifecycle management, and API access management. These products work by ensuring that only authorized individuals can access specific resources, enhancing security and streamlining IT operations. What sets Okta apart from competitors is its focus on a subscription-based model, which offers predictable revenue and allows clients to access a comprehensive suite of services. The goal of Okta is to provide secure and seamless access for users, particularly in a landscape where remote work and digital transformation are increasingly important.

Company Stage

IPO

Total Funding

$1.2B

Headquarters

San Francisco, California

Founded

2009

Growth & Insights
Headcount

6 month growth

9%

1 year growth

14%

2 year growth

22%
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Simplify's Take

What believers are saying

  • Okta's subscription-based model ensures a steady and predictable revenue stream, providing financial stability and enabling continuous investment in R&D.
  • Strategic partnerships, such as with Worldcoin, and high-profile board appointments like Anthony Bates, enhance Okta's market influence and leadership.
  • The growing demand for robust security measures in the era of remote work and digital transformation positions Okta for sustained growth in the cybersecurity market.

What critics are saying

  • The highly competitive IAM market requires Okta to continuously innovate to maintain its leadership position and avoid losing market share to rivals.
  • Integration challenges with acquired companies like Arengu could pose risks to seamless product development and operational efficiency.

What makes Okta unique

  • Okta's comprehensive suite of IAM solutions, including SSO, MFA, and lifecycle management, sets it apart from competitors who may offer only fragmented services.
  • Recognition as a Leader in Gartner's Magic Quadrant for Access Management underscores Okta's superior market position over rivals like Microsoft and IBM.
  • The acquisition of Arengu and the launch of Forms for Actions highlight Okta's commitment to innovation and enhancing customer experiences through tailored identity flows.

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