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In the tutorial "How to Create the Ultimate One Page Account Plan," Warwick Brown emphasizes the importance of having an account plan for Account Managers. It serves as a compass or North Star, guiding managers to understand their clients' current status and future goals. The account plan helps in identifying opportunities, improving client relationships, growing revenue, and reducing risks. The process involves learning about client objectives, determining actions to achieve them, setting targets, and uncovering potential risks and revenue opportunities. The session aims to provide a concise yet impactful approach to creating effective account plans.