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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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NOT ‘Business as Usual:’ What the BioPharma Channel Can Glean From High Tech

Posted By Cynthia B. Hanson, Monday, October 16, 2017
Updated: Sunday, October 15, 2017

Partnering isn’t “business as usual” anymore. “Even companies that think they have their practices down are all reinventing what they are doing now because they have to deal with … the increasing speed, scale, and scope of partnering that has become exponentially greater,” emphasized Jan Twombly, CSAP, The Rhythm of Business, Inc., during her session “The BioPharma Channel: Leveraging Practices from the High-Tech World to Drive Success.” Twombly was presenting at the 2017 ASAP BioPharma Conference, “Accelerating Life Science Collaborations: Better Partnering, Better Outcomes,” held Sept. 13-15 at the Royal Sonesta Boston, Cambridge, Mass.

“The high tech channel has learned that you are not going to be successful if your channel partners aren’t successful. … You need customized partners to provide local market access. High tech needs new partners because it needs vertical and technical specialization. Some companies do this better than others,” she added. For example, Cisco generates 85 percent of revenues by channel partners. That’s exceptional, considering that the industry average is 39 percent.

The channel is a route to market that is accessed either by communication avenues, a direct sale force, or co-commercializing a product with a partner. It’s about delivering on intended value in a resource-friendly way, she added.  Biopharma usually doesn’t consider the channel as key to growth. Yet market growth trends and future projections from BMI Research indicate that unmet patient needs and the significant growth potential of emerging markets provide significant reason for pursuing a channel strategy, Twombly said, while flashing past market size data and future size projections:

2010: $150 billion
2015: $245 billion
2020: $340 billion
2025: $490 billion

High-tech channel partners are not seeking more automation, Twombly observed.  What they are looking for is:

  • More engagement with field engineers and local sales personnel
  • Greater understanding of corporate priorities
  • Joint planning on strategic opportunities
  • Better understanding of their partners’ strategies and plans
  • More proactive communications, support, and relationship management

So what can the biopharma industry learn from high tech’s successes with channel partnering? Twombly asked.

  1. Take a portfolio approach: Place bets carefully, and manage it as a portfolio from low-touch to high-touch.
  2. Carefully manage the transitions, and ensure partner (and stakeholder) readiness.
  3. Maintain robust measurements, reporting, and action from a 360-degree perspective. We are becoming very data driven.
  4. Make it part of the fabric of the organization from end to end: Bake it in, don’t bolt it on. You need to have a strategy, and the partnering needs to be integrated into various functions of your company.

That’s critical to the entire process, she emphasized:  “Baking it in. … We like using a stakeholder management model. In many instances, you will not have dedicated people. You need to understand the economics; have good reporting and data collection that are able to be monitored; focus on closing the gap between current practice and what stakeholders need to profitably support the channel partners. That is how you will demonstrate value,” she advised.

“Governance is sometimes not in place,” she added. “You want simpler governance because of the nature of the relationships, but still need to have executive and operations levels to formal governance. Make sure you have the right participants engaged, set expectations, and have proper alignment and meetings. Make them good, formal meetings, but create an environment people will want to attend. The quarterly business reviews in high tech are typically all one way. If you really want to build that relationship so the partner can help you with market access and driving the business, you need to make it a two-way meeting.”

Consider conducting partner summits, she concluded. In the high tech world, they are a staple for building relationships by helping partners learn what’s new and where company strategies are headed. Summits provide an opportunity to have all your partners together to learn about common challenges.

ASAP Members can learn more about this provocative and well-attended ASAP BioPharma Conference session in the September 2017 issue of eSAM Plus.

Tags:  alignment  ASAP BioPharma Conference  BMI Research  channel partners  channels  governance  high tech  Jan Twombly  partners  portfolio approach  stakeholder  summits  The Rhythm of Business 

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ASAP New England Chapter Holds Well-Attended, Practical Meeting on Alliance Management Skills and Competencies

Posted By Cynthia B. Hanson, Tuesday, February 21, 2017
Updated: Monday, February 20, 2017

Neither snowstorm, nor sleet, nor freezing temps can keep Jeffrey Shuman, PhD, CSAP, principal at The Rhythm of Business, from a New England ASAP Chapter meeting. And apparently, it couldn’t keep four other panelists and about 40 attendees from the discussion on “Alliance Management as a ProfessionSkills, Competencies,” at the Charles River Accelerator and Development Lab in Cambridge, Mass., on Jan. 31.  

The panel talked about the basic alliance management foundational skills recognized by recruiters, career paths, adapting to the evolving ecosystem, soft skills that are key to performing the job, and other related topics in a dynamic, one-hour meeting. In addition to Shuman, who moderated the discussion and is also professor of management at Bentley University, the panel members included ASAP’s own President and CEO Michael Leonetti, CSAP; Marc Silber, founder and president of Crossover Consulting Group, a life sciences headhunting and recruiting agency; Mark Coflin, CSAP, head of alliance management, corporate planning & program management, Shire; Michelle Gardner, business development executive, cloud service providers, at IBM, who arranged the practical meeting.

The complexity of multi-industry, multi-partner alliances with a global reach has made alliance management training skills increasingly important. “Not everybody needs to be an alliance manager, but it’s our view that everybody increasingly needs to have some alliance management skills because alliance capability needs to extend to the perimeter, to the edge of the organization,” Shuman says. For example, scientists increasingly are working with other scientists in other organizations on tech solutions or drugs, whereas previously, most of the innovation was done internally. “What we see happening is folks in those areas are coming to their alliance folks and asking for advice,” he explains. “More people are interacting in these collaborations, and they really need some understanding of the skills and toolset.”

“Given that the speed, scale, and scope of partnering has increased, companies can’t afford to build an alliance management group that can manage all of the different parts of their business. When partnering with external entities, many people need a better understanding of the skills and tools.”

Among the topics that surfaced from the discussion were:

  • How to progress to an alliance management role from another area of the company
  •  Areas alliance managers are recruited from
  •  The various career paths and roles alliance managers can move into
  • Ecosystems, multi-party networks, hub-and-spoke models, and two-party relationships
  • The differences between being an alliance manager in biopharma/pharma and high tech

The topics likely will resurface in various sessions at the 2017 ASAP Global Alliance Summit, “Profit, Innovation, and Value for the Part­nering Enterprise,” held Feb. 28-March 2 at the San Diego Marriott Mission Valley, San Diego, California. Some of these topics also appear in a newly released ebook “The Power To Partner Everywhere: Why You Need It, What It Is, How To Build It,” by The Rhythm of Business Principals Jan Twombly, CSAP, Shuman, and Lorin Coles, CSAP, co-founder and CEO of Alliancesphere, LLC. Their two companies joined forces to form the SMART Partnering Alliance.  For a copy of the ebook, go to http://rhythmofbusiness.com/.

Tags:  alliance management  alliance manager  biopharma  career path  ecosystem  high tech  Innovation  Jeff Shuman  Marc Silber  Mark Coflin  Michelle Gardner  multi-industry  multi-partner alliances  partnering  Partnering Enterprise  pharma  Profit  SMART Partnering Alliance  The Rhythm of Business  tools  training skills 

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‘Design in Pencil’ as You Integrate Change into the Design Thinking Process (Part Three): How Alliance Teams Build an Experience Map, Grapple with Challenges, and Iterate

Posted By Genevieve Fraser, Monday, October 3, 2016
Updated: Friday, September 30, 2016

As you work through the design thinking process and apply it to your partnerships, you are building techniques to reach a decision, and you are learning to work together. With an alliance team and two core partners, you can get at an aligned recommendation or proposal. The ideal is to brainstorm and map out the most efficient way partners can get to the most effective process to come to a proposal. Then bring the partners together and arrive at a decision. Instead of “You have your way and I have mine,” ask “What is the alliance way?”

Now participants in the “Using Design Thinking to Drive Speed, Innovation, and Alignment in Partnering” workshop are exploring how to build an experience map. At this point in the 90-minute interactive session at the Sept. 7-9, 2016 ASAP BioPharma Conference in Boston, ASAP board member Jan Twombly, CSAP, and her partner at The Rhythm of Business, Bentley University professor Jeff Shuman, Ph.D., CSAP, are leading breakout groups through the process, advising executives to:

  • Step back and focus on empathic needs using their emotional intelligence.
  • Define what the empathic needs are for the co-diagnostic partner.
  • Report back to the larger project team—scientists, governance bodies, and other stakeholders.
  • Brainstorm with the larger group in mind.
  • Accelerate the delivery process, and eliminate elements can slow the process down.
  • Separate decision making into a core group for brainstorming and a companion diagnostics partners group.
  • Question if either party has experience. If both or neither have experience, then negotiate.

It’s critically important for alliance managers to drive the process and ensure it’s actually happening. Establish a collaboration leadership team; compare the companions in a diagnostic space and find companion diagnostic partners. Define the objective of the proposal and components. Both parties should come up with a short list of partners. There should be a joint evaluation process before asking for project approval. Get feedback, and redesign the prototype loop. Bring leaders and managers together to do this. Obtain a joint alliance management agreement on a new design. Relaunch the collaboration, implement from both partners, and plan for a joint development.

  • Two groups should come together and define a shared problem or goal.
  • Identify the problems.
  • Bring back to the company collective and individual brainstorming and group feedback.
  • Finalize and propose to the steering committee.

Approach Issues with Partners—and Build Iteration into the Process

Implementation

There is a skill to defining assumptions that may turn out to be true, or not true. Engage people, and roll it out to create a social charter, and stick to it. When looking at the final piece—look to iterate. You may find you didn’t get the question right, or you may discover you didn’t understand and so-and-so needed to be brought into the process. Question: Are you delivering the design experience? Make sure you find measures that define it. Prior to the proposal being presented to governance, make sure everyone has bought in.

As part of the workshop, groups were formed and asked to identify three assumptions inherent in the process they designed. Additionally, they were asked to assess the following: What is the most critical assumption you have made, and if it’s wrong, what is the impact? 

Group responses:

  • People won’t be candid or transparent or participate in individual conversations.
  • The development team is vetting the plan properly, and it was checked for joint alignment.
  • Both teams want to work jointly and collaborate. Or do they think they know best?  
  • They assume the other company has experience, but they may not have the experience or data needed.
  • In the list of shared attributes, make sure the internal list matches up. If not, it won’t pass governance.
  • You don’t need hard data numbers to prove or disprove the assumption.

Final thoughts

ID assumptions.  Use iteration. Move forward and focus on the intended outcome.  Start the intended experience, and map backwards. All stakeholders must get their needs satisfied; if not, they will stick out their foot and stop the process. Give power to partners if you wish to engage in a productive and collaborative process.

Tags:  alliance managers  alliance teams  Bentley University  biopharma  collaboration  decision making  design thinking  healthcare  Jan Twombly  Jeff Shuman  leadership team  non-asset based alliances  partnering  partners  The Rhythm of Business 

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