HR technology companies will leverage partnership management tools and techniques while gaining insight into ASAP. Remember the days when ASAP began and our rallying cry was most partnerships fail 70% of the time or greater? Well according to the founders of HR Tech Advisor success is a very real concern for HR technology company partnerships. Therefore a partnership with ASAP is a must. Check-out the good work HR Tech Advisor is doing to help ASAP’s best practices become a part of the HR Tech world. From Mike Leonetti, CSAP, President & CEO, ASAP. The following blog is being provided to ASAP by Ward Christman of HR Tech Advisor for reprint in the ASAP Blog.
HR Tech Alliances & Partnerships Coming Out of the Shadows
Giving Indirect Sales Some Breathing Room
It’s the best trade show of the year, your booth looks great and you’re looking sharp with a smile ready to greet that next big client walking up to your booth. Your elevator pitch is ready, you say hello and your pulse quickens as your new buyer greets you by asking “may I speak with your head of partnerships?” (gasp) To make matters worse, while you’re telling them the person they want isn’t at the show, three prospects walk by your booth! Repeat this 10 times and you’ll test the patience of even the calmest sponsor. How can this be fixed?
New this year at HR Tech World Congress is a special section of the expo hall just for people in charge of Partnerships and Alliances. This new area will undoubtedly spawn new partnerships while helping improve the direct sales efforts by keeping the booth activities dedicated to capturing the main buyer traffic.
In this new special section called HR Tech Alliances, there will be:
Speed Dating – for discovering potential new business partnerships
- How to partner with ____________ (panelists TBD)
- Build, Buy or Partner?
- Investor/Incubator/Fund view
- HR Tech CEO view
- Global Head of Alliances view
Workshops: Best Practices in Alliances and Partnerships
- Finding new partners
- Growing existing partnerships
- KPIs and benchmarking
This new innovative offering, being run in partnership between HR Tech Advisor and HR Tech World Congress, is a first for the HR Tech industry. “Being experts in Partnerships and Alliances, we knew something had to change, so we approached HRN Europe who, as it turns out, were already wanting to do something like this!” says Ward Christman, Chief Advisor for HR Tech Advisor and co-founder of HRTechAlliances.com. “It’s long overdue that HR Tech Alliances & Partnerships come out of the shadows” says Christman.
Marc Coleman, CEO for HRN Europe who runs HR Tech World Congress, also is a fan of helping HR Tech companies better collaborate with each other – “We have seen a number of partnerships formulate during our events. We want to empower the HR Tech suppliers to do more business with each other so the effectiveness of the ecosystem delivers better results for the HR Tech buyers.”
“With an 80% partnership failure rate in our industry, we have a long way to go to match other industries. The fix begins with collaboration that exploits each partner’s value proposition. And then harmonizing partnerships via a pragmatic balance of “Dilemma Capture, Deal Collaboration, and Data Control.” says Larry Cummings, Chief Connector and co-founder of HRTechAlliances.com.
For HR Tech companies looking to expand their reach in Europe and beyond, be sure to sign up soon for booth at HR Tech World Congress – they are truly almost sold out. If you can’t get a booth or can’t send your team, be sure to inquire about sending your Head of Alliances/Partnerships (or Business Development) – this is going to be one amazing event you won’t want to miss!
More info: web: HR Tech World Congress or email: HRN@HRtechAlliances.com