My Profile   |   Print Page   |   Contact Us   |   Sign In   |   Register
ASAP Blog
Blog Home All Blogs
Welcome to ASAP Blog, the best place to stay current regarding upcoming events, member companies, the latest trends, and leaders in the industry. Blogs are posted at least once a week; members may subscribe to receive notifications when new blogs are posted by clicking the "Subscribe" link above.

 

Search all posts for:   

 

Top tags: alliance management  alliances  collaboration  partnering  alliance  alliance managers  partners  partner  alliance manager  ecosystem  partnerships  The Rhythm of Business  partnership  Jan Twombly  biopharma  governance  Eli Lilly and Company  Strategic Alliance Magazine  Vantage Partners  IBM  IoT  ASAP BioPharma Conference  strategy  healthcare  NetApp  2015 ASAP Global Alliance Summit  Cisco  cloud  communication  digital transformation 

Making Adjustments: ASAP Global Alliance Summit Now in June!

Posted By Michael Leonetti, CSAP, Monday, March 9, 2020

We’ve all had the experience of an unexpected event that suddenly threw a wrench into our alliances or our lives. Depending on the nature of the event, its magnitude, and how close to home it hits, we generally do our best to understand how the landscape has changed, adjust to the implications, make accommodations, and move forward. Reality may defy our hopes and expectations, but we pick up the pieces, dust ourselves off, and keep getting up in the morning amid the now-altered environment.

So it is with the coronavirus, or COVID-19, whose effects worldwide have already proven serious. Our hearts go out to all those who have been directly affected by this virus, especially the families of those who have died from it around the globe. In addition, this contagious disease—and the fear of it—has already had a significant economic impact, including declines in business and vacation travel and the cancellation or postponement of a number of conventions, conferences, and trade shows in various industries. Most organizations have been forced to respond in some way, whether to shift events to alternative dates or from physical to virtual, to curtail travel to safeguard their people, or to try to limit the damage to their bottom line. Or all of the above.

We at ASAP have faced these challenges as well, resulting in the difficult decision to reschedule our Global Alliance Summit, which had been scheduled for next week, to June 23–25 in Tampa, Florida. In the great scheme of things this move may barely register, but for a member organization like ours, as you can imagine, it’s a big deal. Shifting the Summit to new dates has required a huge and immediate lift on the part of ASAP staff and board, which is ongoing as I write this.

The good news is, the show will go on! I’m very happy that we were able to secure the original conference venue, the Renaissance Tampa International Plaza Hotel, for our late-June dates. I’m even more pleased to report that at present, nearly 75 percent of our presenters, panelists, and moderators have confirmed that they’ll be there.

What this means is that we’ll still have a terrific program, as planned—a program that, as always, includes presentations by some of the alliance and partnering profession’s best and brightest minds and leading lights, including these:

  • A keynote presentation by Steve Steinhilber, global vice president, ecosystems and business development, at Equinix: “Creating Alliances and Digital Ecosystem Capabilities in an Increasingly Platform Enabled and Interconnected World.” Steve ran alliances at Cisco for a number of years, and while there authored the influential book Strategic Alliances: Three Ways to Make Them Work (2008). He was also among those interviewed for our Q1 2020 cover story in Strategic Alliance Quarterly on the rise and far-reaching effects of ecosystems in nearly every industry, and his insights into this important and growing area are sure to be valuable and applicable to any industry.
  • A fascinating panel moderated by Adam Kornetsky of Vantage Partners titled “Big Pharma M&A and Alliance Portfolios: What’s at the End of the Rainbow?” This interactive discussion will feature panelists including Mark Coflin, CSAP, vice president and head of global alliances at Takeda Pharmaceuticals; Dana Hughes, vice president of integration management and alliance management at Pfizer; and Jeffrey C. Hurley, senior director, GBD global alliance lead at Takeda. These longtime ASAP members will share their recent M&A experiences, provide insights into how alliance portfolios have been managed through the transaction process, and engage participants in sharing additional perspectives critical for unlocking and maximizing the full value of an alliance portfolio.
  • A presentation by Dan Rippey, director of engineering for Microsoft’s One Commercial Partner program, and Amit Sinha, chief customer officer and cofounder of WorkSpan, called “How the Microsoft Partner-to-Partner Program Is Disrupting the Way Technology Companies Are Leveraging the Power of Ecosystems for Business Growth, Customer Acquisition, and Gaining a Competitive Advantage.” With the rise of ecosystems has come the increasing deployment of partner-to-partner (P2P) programs, and Microsoft’s may be the largest on the planet, connecting partners directly with each other to deliver value to customers without Microsoft’s intervention. Powered by WorkSpan Ecosystem Cloud, this program increases profitability by selling solutions from one or more of Microsoft’s partners, achieving faster time-to-market by leveraging prebuilt joint solutions, closing larger deals, and reaching more customers by co-selling with other Microsoft partners for a bigger joint pipeline. This new model of partnering has wide applicability and Dan and Amit’s description of how it works is a must-hear.
  • Another terrific panel moderated by Jan Twombly, president of The Rhythm of Business, called “Biopharma Commercial Alliance Management Challenges.” Panelists will include Brooke Paige, CSAP, ASAP board chair and former vice president of alliance management at Pear Therapeutics; and David S. Thompson, CSAP, chief alliance officer at Eli Lilly and Company. In the long life of a successful biopharma alliance, the commercialization phase brings its own particular challenges and problems. This panel promises to be a lively discussion of such topics as how alliance managers deliver value in a commercial alliance, considerations for driving alignment in local geographies and at a corporate level, aspects of alliance governance to get right to maximize value, and much more.

I’m not indulging in hyperbole when I say that these are just a very few of the highlights. Again,  more than three-quarters of the original Summit agenda is planned  to remain intact—including preconference workshops, single-speaker presentations, illuminating panel discussions, and of course, valuable networking opportunities.

We know there are many factors governing decisions on where to travel and why—especially under current conditions. But we’re confident that even after shifting to the June dates, we’ll be fielding a stellar lineup at the Summit in Tampa—one you’ll want to be present for. If you haven’t registered yet and/or for whatever reason were uncertain about attending in March, you now have some extra time to decide.

Additionally, the Renaissance has set up a new block of rooms at our discounted rate of $219.00+ per night. To book your room for the new conference dates, please click on the link below:

https://www.marriott.com/event-reservations/reservation-link.mi?id=1583953400577&key=GRP&app=resvlink

Let’s all try to plan for normal again! Won’t you join us? I hope to see you in Tampa!

Tags:  alliances  Amit Sinha  biopharma  Brooke Paige  Dan Rippey  Dana Hughes  David Thompson  Ecosystems  Eli Lilly and Company  Equinix  Jan Twombly  Jeffrey Hurley  Mark Coflin  Microsoft  P2P  partners  Pfizer  Steve Steinhilber  Takeda  The Rhythm of Business  Vantage Partners  WorkSpan 

Share |
PermalinkComments (0)
 

‘Swimming in Partner Soup:’ 2018 ASAP BioPharma Keynote Addresses Challenges of Tech Collaboration on Prescription Digital Therapeutics (Part 1)

Posted By Cynthia B. Hanson, Tuesday, September 25, 2018

Dr. Corey McCann is a man who wears many hats—scrubs, academic cap, campaigner, jester, and even hardhat. As the first of two keynote speakers at the 2018 ASAP BioPharma Conference “Creating Value and Innovative Partnerships by Driving the Alliance Mindset,” Sept. 24-26 in Boston, Massachusetts USA, he provided a lively presentation in which he showed the audience how he switches his hats with aplomb. In his captivating talk, “Lost in Translation: Communication, Confusion, and Consensus in Strategic Alliances,” the physician, scientist, entrepreneur, healthcare investor, and founder/CEO of Boston-based Pear Therapeutics, Inc., delved into the timely but tough topic of the alliance management interface between biopharma and tech.

Colleague Brooke Paige, CSAP and vice president of alliance management at Pear Therapeutics, introduced McCann by lauding his many “heroic” accomplishments as founder of several startups, a trained boxer with endless energy, and highly approachable executive whom colleagues nicknamed “Snacks” because he rarely stops for a full meal.

McCann then delivered a clever, sometimes humorous, talk from the C-suite about the small, innovative company’s partnering with big companies in their quest to pioneer prescription digital therapeutics for the treatment of serious diseases, including addictions.  The cognitive behavioral therapy-based treatment is software that comes with a doctor’s prescription. The software responds and morphs over time, according to the needs of the patient. The downloaded product requires an access code from the physician.

“We are swimming in partner soup,” announced McCann as he talked about the challenges of Pear’s ample pipeline, which involves 10 products that require separate approvals from the FDA because of the unique framework of prescription digital therapeutics. “You will see us aggressively partnering across all of these verticals,” he continued, while flashing a slide of Pear’s pipeline.

Alliance management at Pear must bridge two distinctive worlds. Pear’s team is “half and half,” he explained: pharma is based in the Boston area; tech is based in the San Francisco Bay area. “We brought these two very disparate sets of people together” in one company—but to do that required a lot of effort to enable tech and pharma to understand the lingo of each’s area of work.   

“One of the things I would like to interweave into this talk is this idea of communication between alliance partners, and nonverbal cues, and how we are productive or nonproductive,” he said, while providing the example of etiquette surrounding the exchange of business card. “Even for those of us who think we have a handle on this very basic skill—this handing of paper to another human being—there is ambiguity.”

“How do entirely different disciplines communicate?” he asked the audience.  “There is an interface between tech and biotech. How tech people communicate with one another is very different than how biotech people communicate with each other.”

People in the two industries dress differently, he then explained. A person in the Bay area might “eat avocado toast and ride a scooter to work. … If I’m interacting with the tech team, I make sure to pet their dogs they bring to the office,” he explained in a sea of laughter from the audience. “One of my personal favorite examples is this issue of language. When pulling Pear together, we used the acronym API—which means Application Program Interface in tech, but for biotech, it means something different”—Active Pharmaceutical Ingredient.

It actually took a while for the two teams to figure out this discrepancy, he explained, again as the audience rippled with laughter. But in the end, the two industries found the glue that holds them together: “Impacting the patient. That is the rallying cry for us. That is how we approach partnership—through good and bad.”

Stay tuned for more of ASAP Media’s coverage of Pear CEO Corey McCann’s keynote and other sessions at the 2018 ASAP BioPharma Conference.  

Tags:  2018 ASAP BioPharma Conference  Alliance management  Alliance Mindset  biopharma  Brooke Paige  cognitive behavioral therapy  creating value  C-suite  Dr. Corey McCann  partnering  Pear Therapeutics  prescription digital therapeutics  software  Strategic Alliances  tech 

Share |
PermalinkComments (0)
 

The Beatles, Alliances in the C-Suite, and a Company Built on Strategic Partnerships (Part 1): Citrix Chief Marketing Officer Kicks off the ASAP Global Alliance Summit

Posted By John W. DeWitt, Tuesday, March 27, 2018

“Our entire business is predicated on ‘any-ness,’ so we recognize you can’t go it alone,” said Tim Minahan, senior vice president of business strategy and chief marketing officer of Citrix and the keynote speaker at the Tuesday, March 27 opening session of the 2018 ASAP Global Alliance Summit. “Citrix was founded 29 years ago [and] has built its entire business on nurturing and fostering strategic alliances and strategic channel relationships. We have dozens of alliances today and nearly ten thousand channel partners that are building entire businesses atop of Citrix.”

Minahan took the stage after opening comments from ASAP President and CEO Michael Leonetti, CSAP, and an introduction by ASAP Chairman Brooke Paige, CSAP, vice president of alliance management at Pear Therapeutics. Leonetti emphasized to a jam-packed ballroom how, historically, more than half of alliances fail or fail to deliver—but today, “we’ve reversed that trend of alliance failure,”  citing ASAP and other research data indicating “those organizations that have implemented ASAP best practices, and have certified practitioners, are able to achieve up to 80% success rates.” The recent ASAP 6th State of the Alliance research study, he added, “shows that alliances that use best practices make more money. That was something intuitively known for a long time in the ASAP community, but now the data show it as well.”

Leonetti emphasized—and Minahan exemplified—that today, alliance management has a seat at the leadership table and correspondingly, the C-suite itself better understands, is more engaged, and more than ever emphasizes business collaboration and partnering strategy to drive growth, innovate, and deliver better experience and value to customers. Leonetti clicked to a slide citing a slew of business research studies “since 2014 that consistently say CEOs now get it” and rely upon “new strategic alliances for growth, innovation, and go-to-market.” Indeed, “KPMG’s CEO Outlook study in 2016 said 40 percent of CEOs believe we need to move alliances to the C-level.”

For the ASAP community, this advance—of partnering as profession and alliances as core to company strategy—has been a two-decade journey. This year ASAP celebrates the 20th anniversary of its founding. (See the Q2 2018 issue of Strategic Alliance Magazine for a look back at ASAP’s formative years.) Leonetti did a shout out to ASAP’s Founding Chairman Robert Porter Lynch, CSAP, asking him to stand up and be recognized. “Talk about a visionary,” Leonetti exulted as the audience enthusiastically applauded Lynch. “We appreciate everything you’ve done, Robert.”

Leonetti concluded his comments by emphasizing, “We really need a vibrant community. Engagement is the key to our growth. We have the tools, the people, and we have the attention of every CEO. The table is set.”

To introduce the keynoter, Leonetti invited the ASAP chairman to the stage, recalling that he and Paige both “started in ASAP in 2003. Brooke is now VP at Pear Therapeutics. Brooke has worked with companies with 80,000 people and now, I think, with 50.”

Paige took the handoff. “Here at ASAP we love to talk about the ASAP family, a close community of alliance practitioners. But the question is, what kind of family are we?” she asked. “I was talking to my teenage stepson about alliance management, describing what we do. I said sometimes we see things way ahead in the future that others don’t see. Sometimes we’re dealing with a derailment of a partnership and helping to fix it. Sometimes we’re doing things that nobody else sees. My stepson said it sounds like alliance managers are superheroes,” she said, clicking to a slide with images from recent Marvel comics movies, then to the next slide with the headline on the front page of Superman’s Daily Planet: “Alliance Managers Save the World!”

Paige then introduced Minahan, an English and political science major and graduate of the Kellogg School of Management’s Chief Marketing Officer Program, who joined $3.2 billion Citrix about two years ago. Minahan framed his presentation around the theme of “everything I ever needed to know about strategic alliances I learned from the Beatles.”

Read more of Minahan’s comments—and alliance management insights he derived from Beatles songs—in Part 2 of this blog post.

Tags:  alliance managers  Brooke Paige  Citrix  Michael Leonetti  partnership  Pear Therapeutics  Tim Minahan 

Share |
PermalinkComments (0)
 

How to Make Your Alliance Stories Newsworthy (Except When You Don’t Want Them to Be!)—Part Three

Posted By John W. DeWitt, Wednesday, October 4, 2017
Updated: Saturday, September 30, 2017

In a lively presentation punctuated by pithy quotes, interesting cases, and vivid stories underscoring the “dos” and “don’ts” of alliance public relations, Lori McLaughlin, corporate communications director at Anthem, and ASAP Chairman Brooke Paige, CSAP, staff vice president, strategic initiatives, and chief of staff, HealthCore, explored the topic in their Friday, Sept. 15, 2017 ASAP BioPharma Conference session, “Why Keep the Good News to Yourself? Internal Partnerships for External Promotion: How to Work with Your PR/Communications Lead.” ASAP Media’s coverage of the session concludes below in Part Three of this three-part blog series.

 

Elaborating on recommended practices for sustaining stories, Paige noted that HealthCore maintains an editorial content calendar tracking key events, key milestones in collaborations (and whether they are newsworthy internally or externally), major publications or presentations, and significant accomplishments. “Not only does this become a huge part of our potential press, items on our website, LinkedIn and Twitter, but the story could make our company newsletter, our Anthem intranet, it could become talking points for senior executives in a variety of settings, and so on. So these elements are very much reused and the story is extended,” she explained.

 

“No presentation about PR would be complete without the ‘know your role in the event of a crisis’ topic,” Paige continued. “We say we need to err on the side of transparency. When a potential threat becomes known, advise your alliance partner around the possible impact.” The presenters then cited a real-life case of a reporter who believed that a partnership created a conflict of interest—and was sniffing around for proof of his allegations after discovering an old press release announcing the partnership. “We contacted the partner, said here’s the essence of allegation, the reporter is claiming some sort of conflict of interest, then we told the partner the facts and why we didn’t think there was a conflict,” Paige explained. “The partner prepped their leaders. The story did come out but it amounted to nothing. Still, we wanted to make sure we covered all our bases.”

 

McLaughlin and Paige’s final checklist for partnering with communications to tell your alliance stories:

  • Make sure you know who to work with in PR long before ready to share story.
  • Approach the team long before you’re ready.
  • Don’t ask for a press release. “Ask how they can help you tell a story to a specific audience or broader audience. That will make you look so sophisticated as you make that request,” McLaughlin emphasized.
  • Understand news value and lead with it when pitching the story to your communications team.
    Coordinate with alliance partners. Share talking points and plans across collaborators.

In response to a session participant’s question, McLaughlin wrapped up the discussion by returning to the importance of ensuring your alliance announcements are newsworthy stories—and of NOT pushing an announcement that the media would consider a throw-away put out by PR hacks.

 

“More than putting out press release, it’s pitching the story,” McLaughlin explained. “Reporters say they like me because I don’t pitch a story unless I have one—so they at least give me the benefit of doubt. [That’s important] because they get so many stories thrown at them. Certain companies shoot out a release when anything happens, but this so-called ‘news’ is not really relevant, and therefore, they don’t have that credibility that I’ve earned with media. That’s your long-term argument” when you push back on your boss’s request to issue a release on a story that isn’t so newsworthy—“you want that credibility.”

Tags:  alliance manager  alliance partner  alliances  Anthem  AstraZenica  Brooke Paige  credibility  Dow Jones News Service  FiercePharma  HealthCore  Lori McLaughlin  Medical News Today  news value  newsworthy  partnering  Pharmacist elink  pitching story  press releases  SmartBrief  spokesperson  threat  WSJ.com 

Share |
PermalinkComments (0)
 

How to Make Your Alliance Stories Newsworthy (Except When You Don’t Want Them to Be!)—Part Two

Posted By John W. DeWitt, Tuesday, October 3, 2017
Updated: Saturday, September 30, 2017

In a lively presentation punctuated by pithy quotes, interesting cases, and vivid stories underscoring the “dos” and “don’ts” of alliance public relations, Lori McLaughlin, corporate communications director at Anthem, and ASAP Chairman Brooke Paige, CSAP, staff vice president, strategic initiatives, and chief of staff, HealthCore, explored the topic in their Friday, Sept. 15, 2017 ASAP BioPharma Conference session, “Why Keep the Good News to Yourself? Internal Partnerships for External Promotion: How to Work with Your PR/Communications Lead.” ASAP Media’s coverage continues below in Part Two of this three-part blog series on the session.

Once you’ve identified something you believe is newsworthy, your next step is to identify all of the extended team members who have corporate communications, PR or external promotions roles, and introduce them to your alliance counterparts; then find their counterparts. Some of the titles involved could include corporate communications leader, public relations director, content manager, social media manager, marketing leader, digital strategies manager, communications director, media director, external communications, and internal communications.

 

And then the next step is to approach one of these folks and ask them to write a press release—right?

 

No, no, no. As McLaughlin emphasized, your colleagues in communications inevitably bristle (now you know why) when you approach them saying, “we need to do a press release on this!”

 

Instead, there’s a more detailed process involved in launching the story—which may or may not include doing a press release. Indeed, you need to get good at explaining to your boss why in many cases you do NOT recommend doing a press release. “Brooke and I have to work it out—does it make sense to do press release, or maybe a webinar,” or something else, McLaughlin said.

 

“Another big issue—how to find the right spokesperson,” she continued. “You can get help from communications, but communications needs your support. People often look for the biggest title but it’s not always best. The media like someone who really knows the content. If you put a high-level person on the phone with the SME [Subject Matter Expert] that helps, but it can be awkward because the journalist doesn’t necessarily know who is talking. But also sometimes the people extremely in the weeds aren’t the right person either.”

 

A key exercise is to “develop your elevator pitch and core messaging, which guides us to tell what it’s all about. How can you sell someone your story in 30 seconds?” McLaughlin said. Paige recalled that she and McLaughlin found it useful to use HealthCore’s Twitter description to hone down its messaging. “Prior to that, it was difficult to understand that really we’re a research company.”

 

Once you’ve launched your story, you need to think about how to sustain it. Using the example of the announcement of HealthCore’s partnership with AstraZeneca, Paige and McLaughlin illustrated this principle with a story that started as an exclusive offered to Dow Jones News Service (the reporter got the story “under embargo” and was able to write the story and publish it first, an hour before a press release hit the newswire). Subsequently, over time, a variety of news outlets covered the story—including WSJ.com, FiercePharma, Pharmaceutical Care Management Association’s SmartBrief, Pharmacist elink, and Medical News Today. Finally, no news cycle should end without your alliance story being told internally. The partnership with AstraZeneca received extensive media coverage as well as internal publicity thanks to a variety of activities that kept the story “alive.”

 

Continue learning about the approach to public relations that Paige and McLaughlin use at Anthem and HealthCore in Part Three of ASAP Media’s coverage of their Friday, Sept. 18, 2017 ASAP BioPharma Conference session, “Why Keep the Good News to Yourself? Internal Partnerships for External Promotion: How to Work with Your PR/Communications Lead.”

Tags:  alliance manager  alliances  Anthem  Brooke Paige  credibility  FiercePharma  HealthCore  LinkedIn  Lori McLaughlin  major publications  news value  newsworthy  partnering  Pharmaceutical Care Management Association’s Smart  Pharmacist  pitching story  presentations  press releases  spokesperson  Twitter  WSJ.com 

Share |
PermalinkComments (0)
 
Page 1 of 2
1  |  2
For more information email us at info@strategic-alliances.org or call +1-781-562-1630