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Increasing Strength through P2P Muscle Building (Part 2): Cisco and SMART Partnering Execs Delve into the ‘Value Exchange Challenge’ at 2018 ASAP Tech Partner Forum

Posted By Cynthia B. Hanson, Monday, October 15, 2018

2x, 5x, 10x. How can companies gain extra oomph and advantage in the emerging multi-partner, multi-industry ecosystem? That’s the central theme of the session “Value Exchange Challenge: Building the New P2P Ecosystem Partnering Muscle” being offered at the 2018 ASAP Tech Partner Forum, “Reimaging Part­nering in a Disruptive World,” on October 17 at the Four Points by Sheraton, San Jose Airport, San Jose, California. The session will be presented by two speakers: Lorin Coles, CSAP, CEO, Alliancesphere, and principal, SMART Partnering; Kashif Abbasi, senior director, partner sales acceleration, global partner organization, Cisco Systems, Inc. I had the pleasure recently of talking at length with Coles, an animated and crisp speaker, about the driving force behind the session and the accompanying Cisco case study. Part two of our discussion follows.

ASAP Media: How does Cisco Systems enter into this value exchange equation as a case study?

We will lay out an example to understand the transformation Cisco is going through according to customer needs. Their new market model is built around new consumption and outcome-based models that go to market. At Cisco, they had to go beyond selling recurring software. It was no longer about landing the deal. It was about consumption and adoption in the entire customer lifecycle, and adoption to expansion to renewal. What they had to realize was that they had to help orchestrate the ecosystem and scale out this capability. They needed a scaling engine where they had different programs, different pipelines of enablement, automation, and sales acceleration. One of their areas of sales acceleration that is co-delivered with Alliancesphere is called ACES, which stands for Accelerating Cisco Ecosystem Sales, to take the complexity out and accelerate muscle building. ACES@Scale co-develops this methodology for its use partnerships and a framework to accelerate multiparty solution sales. It’s a proven methodology to sell Cisco architecture through 100% ready solutions with a faster time to booking. The key is bringing packaged solutions to market for their channelmulti-partner solutions all the way to resellers.

What else will you be covering in this session?

We will close it off by talking about the future of co-selling, which is all around the customer, the buyers, and the solutions. And it’s really about empowering the partners to exchange value from both the buyer and seller journey to help all parties realize the desired business outcomes. We will provide point of view on complexity of solutions versus buyer dynamics. Based on different co-selling scenarios, we will determine the best way to work with your partners. It’s a muscle that needs developing at all levels of organizations: from the executive team to management to the frontline - not just the sellers or tech team. The whole organization has to begin to work and operate differently.

What is driving the change, this need for a P2P muscle-building approach?

The change in the market and what customers are looking for: real solutions to solve problems in more proactive ways that eliminate the friction and focus on their needs and deliver to their outcomes. This kind of capability muscle is incremental. Building out the muscle and muscle memory becomes more effective the more you do itit gets stronger and stronger. It will become the core to the future of business. We’re going to look at it from a market and customer view, what it could mean to the audience, and then open it up to a Q&A session.

See part one of this blog and follow the ASAP Media team’s ongoing coverage of the October 17, 2018 ASAP Tech Partner Forum on the ASAP Blog at www.strategic-alliances.org.  Learn more and register for the ASAP Tech Forum at http://asaptechforum.org

Tags:  Alliancesphere  Cisco Systems  cross-functional  digital transformation  enablement  engagement  execution  Kashif Abbasi  Lorin Coles  P2P  partner  partnering  SMART Partnering  The Rhythm of Business  value creation 

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Increasing Strength through P2P Muscle Building (Part 1): Cisco and SMART Partnering Execs Delve into the ‘Value Exchange Challenge’ at 2018 ASAP Tech Partner Forum

Posted By Cynthia B. Hanson, Thursday, October 11, 2018

2x, 5x, 10x. How can companies gain extra oomph and advantage in the emerging multi-partner, multi-industry ecosystem? That’s the central theme of the session “Value Exchange Challenge: Building the New P2P Ecosystem Partnering Muscle” being offered at the 2018 ASAP Tech Partner Forum, “Reimaging Part­nering in a Disruptive World,” on October 17 at the Four Points by Sheraton, San Jose Airport, San Jose, California. The session will be presented by two speakers: Lorin Coles, CSAP, CEO, Alliancesphere, and principal, SMART Partnering; Kashif Abbasi, senior director, partner sales acceleration, global partner organization, Cisco Systems, Inc. I had the pleasure recently of talking at length with Coles, an animated and crisp speaker, about the driving force behind the session and the accompanying Cisco case study. Part one  of our discussion follows.

ASAP Media: Why is value so central to your presentation?

Lorin Coles: The core of all partnering and partnerships is really about value and trust. When two companies come together, they are looking for where and how they can help each other create greater value for the customer. That’s a value exchangeit occurs at multiple levels with multiple people in alliances. Partnerships in the past had specific way that they did it. Now, because of digital transformation and the speed, scale, and scope of change, it’s more complex than ever to create contextually relevant value for your partners and customers because there are new buyers, and the solutions are more complex. If there is no value, it’s difficult to partner. Value is the cornerstone in everything we do. The value exchange is where and how we are going to partner together.

How can companies build Partner-to-Partner (P2P) ecosystem partnering muscle?

Partnering evolves over time just like sports evolves over time. You need to go from enablement to engagement to execution. You do that by working cross-functionally at multiple levels with companies.

It’s important to understand the different personalities of your partner and the audience, the difference between partner types, and the functionthe marketing, sales, and product people and the roles they play in the partnership. And more importantly than ever, you need to understand the value exchange.

Building that new muscle is something a lot of people can’t do because it takes connecting dots that others don’t see. It’s important to determine if you are a novice, intermediate, advanced, or expert when building up this muscle. Companies are becoming more and more dependent on partnering and need to learn how to partner in more proactive ways than before. They need to understand when and where to bring in partners, how to leverage partners. The process is different than before because it’s across an ecosystem.

How does Cisco Systems enter into this value exchange equation as a case study?

We will lay out an example to understand the transformation Cisco is going through according to customer needs.

See the remainder of our discussion with Lorin Coles in part two of this article and follow the ASAP Media team’s ongoing coverage of the 2018 ASAP Tech Partner Forum on the ASAP Blog at www.strategic-alliances.org. Learn more and register for the 2018 ASAP Tech Partner Forum at http://asaptechforum.org

Tags:  Alliancesphere  Cisco Systems  cross-functional  digital transformation  enablement  engagement  execution  Kashif Abbasi  Lorin Coles  P2P  partner  partnering  SMART Partnering  The Rhythm of Business  value creation 

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