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  collaboration  alliances  partnering  alliance  alliance managers  partners  alliance manager  partner  partnerships  ecosystem  The Rhythm of Business  governance  Jan Twombly  partnership  Strategic Alliance Magazine  Eli Lilly and Company  IoT  Vantage Partners  biopharma  Healthcare  NetApp  2015 ASAP Global Alliance Summit  ASAP BioPharma Conference  Cisco  IBM  innovation  strategy  Christine Carberry  communication 

On the Cusp of the Fourth Industrial Revolution, How Agile is Your Alliance?

Posted By Cynthia B. Hanson, Tuesday, February 28, 2017
Updated: Monday, February 27, 2017

Being brittle during a time of industry change can break a fragile allianceand even a business. Agility is key to surviving disruption, especially when a major shift is taking place to a new industrial age. Find out how your company can adapt and weather the change at the session “Agile Alliances: Catalyst for the Next Industrial Age,” as part of the 2017 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, Calif. USA. The session will be moderated by Ann E. Trampas, CSAP, of the University of Illinois—Chicago, with panelists Anthony DeSpirito, CSAP, Schneider Electrics; Gaye Clemson, Globalinkage Consulting; Michael Young, Klick Health; Philip Sack, CSAP, Asia Collaborative Business Community. Sack provided these insights into the session during a recent interview.

How should companies prepare for the fourth industrial revolution with the increase in multi-partnering?

If we accept that the external drivers of global change are going to continue challenging organizationsslow economic growth, digital disruption, globalization, geopolitical uncertainty, speed of change, new nimble competitors, etc.then there is great pressure on organizations to become more agile, innovate, and continually adapt and change. However, this requires additional strategic thinking from previous approaches of value-chain efficiencies, market regulations (barriers to entry), improving costs management, and competitive positioning (differentiation). Success now requires greater thinking about how to continue driving new innovations, customer centricity (creating value), enhancing collaboration (external, internal), and new or adjacent market positions while simultaneously improving performance. That is no mean feat!

Why is it essential for partnerships to become more agilefaster, lighter, more flexible?

There is an increasing appetite for organizations to engage in more strategic collaboration and alliance partnerships, in part driven by the global changes affecting many organizations. Managed effectively, with appropriate support and investment, these relationships assist organizations to enhance their agility, market responsiveness, and new innovation efforts. Many organizations are looking at their strategic partners and networks of partners as a faster way of achieving these objectives rather than typical M&A (buying), or organic internal development (building). This “need to speed” implies that new collaborations and alliances focus on quickly assembling and disassembling around customer/market requirements, delivering rapid prototyping and development capabilities, and operating comfortably within complex and ambiguous situations.

How can alliance managers make their collaborations more agile and successful?

A good place to start would be to review existing collaborations and strategic alliances and how they support achieving these objectives, i.e., new innovations, co-creation capability, improving customer centricity, new products and service solutions, and incremental go-to-market approaches. This open dialogue provides an opportunity to review the original focus and strategic intent of the alliance, what is now required, and where the next evolution of the relationship needs to take place. However creating new alliance relationships that support these new strategic imperatives will involve taking a slightly different approach. Given that these strategic imperatives address significant challenges facing the organization, a firm-wide approach is required for success. The alliance management function has a natural orientation towards strategy, firm-wide thinking, facilitation, collaboration, and ecosystem orchestration. Hence, it should be in the perfect position to lead efforts to create cross-functional teams that would focus on creating, supporting, and delivering to these imperatives. These teams would include members from executive, strategy, research and development, marketing, and human resources and have a strong focus on entrepreneurial action and creation—in effect, a start-up way of thinking within the organization.

 
Is there anything specific to Asia that you think readers might want to know to improve their alliances with Asian companies?

Similar large-scale issues and challenges are being addressed by organizations across Asia as they are worldwide. Engaging within this area is quite exciting and challenging and should be done in a considered and measured approach. There certainly is a strong emphasis on relationships, a natural entrepreneurial spirit, and orientation to deal making. This requires addressing opportunities and making alliances aware of the various local and cultural contexts. This often takes quite some time to evolve. The key message is to do some research, find some local support, and be patient.

Tags:  alliance  alliance partnerships  Ann E. Trampas  Anthony DeSpirito  collaborations  cross-functional teams  cultural  ecosystem orchestration  Gaye Clemson  innovation  Michael Young  network  partners  Philip Sack 

Share |
PermalinkComments (0)
 

Summer 2016 Issue of Strategic Alliance Magazine: Partnering for the Fourth Industrial Revolution; SAM Celebrates Five Years of Ink; Behind the BioPharma Conference Podiums

Posted By Cynthia B. Hanson, Thursday, September 1, 2016
Updated: Saturday, August 27, 2016

Happy Birthday, Strategic Alliance Magazine! This summer’s 60-page issue, formerly known as the Q2 edition, celebrates five years of the ups, downs, and inside-outs covering cutting-edge alliance management topics, as documented by John W. DeWitt. Turn the page, and readers can explore alliance management’s critical role in the fourth industrial revolution, as foreseen by forecasters Jan Twombly, CSAP, and Jeff Shuman, CSAP, PhD, principals of The Rhythm of Business, and Lorin Coles, CSAP, co-founder and CEO of Alliancesphere, LLC. The cover story encourages readers to envision their companies orchestrating the speed, complexity, scope, and scale of the emerging ecosystem, and probes what will be required to stay attuned to the rhythm. “One thing is certain,” they predict. “If you do nothing to build understanding and capability to partner with an eco­system perspective, your company will be leaving value on the table at best—and at worst may find it­self left behind.”

 

This issue of SAM is certain to open your thought in other ways with a sneak peak of the new ASAP-commissioned 6th State of Alliances research report, “The Economics of Alliances, Social Capital, and Alliance Performance,” authored by Shawn Wilson, PhD, DBA, vice president and general manager at Beaulieu West Textiles. For the first time ever, ASAP provides hard numbers through economic and financial metrics that can be applied to enhance your company’s partnering and revenue.

 

Also on the “thought provoking” side is an Up Front book review “Committing to Collaborate” by ASAP CEO Michael Leonetti, CSAP, highlighting Martin Echavarria’s book Enabling Collaboration: Achieving Success Through Strategic Alliances and Partnerships. Leonetti wishes he had owned Echavarria’s book years ago because of its wise collaboration advice. An accomplished business coach for companies such as MasterCard, Verizon, Hewlett-Packard, Scotiabank, and American Express, Echavarria’s key argument is that partners should frame opportunity based on mutual understanding and core competencies, foster relationships over time, and make collaboration central with solid relationships when in the process of securing the commitment to development. Negotiating the collaboration portion of the deal will result in more sustainable alliances, he emphasizes over and over again. The review is an introduction to SAM’s engaging new book review feature—with many more insightful reviews to come.

 

If you’re wondering about this year’s 2016 ASAP BioPharma Conference

 “New Faces, Unexpected Places in Partnering: The Foresight to Lead, the Foundation to Succeed” Sept. 7-9, at the Revere Hotel in the heart of Boston, read the preview of the timely keynote address “Healing the U.S. Health Care System: Collaboration is Essential” by Dr. Sam Nussbaum, strategic consultant, EGB Advisors, Inc. Nussbaum will touch on the impact of the presidential elections on healthcare and offer insights from his considerable experience streamlining and orchestrating healthcare between public and private entities. The plenary will be presented the following morning, Sept. 8, by Stéphene Thiroloix, CEO at Mayoly Spindler, who will share his perspective on leadership challenges in biopharmaceuticals and healthcare in “The View from the C-Suite: Partnering and Alliances Today and Tomorrow.”

 

This rich issue also includes a Member Spotlight interviewing Citrix’s Steve Blacklock on how partnering has driven Citrix to the cloud, and we continue our Cultural Roundtables coverage from the March 1-4 2016 Global Alliance Summit, “Partnering Everywhere: Expert Leadership for the Ecosystem,” held at the Gaylord National Resort & Convention Center, National Harbor, Maryland. Part II delves into another aspect of the intensive two-hour session where participants explored cultural aspects of a region in relation to business acumen. The Spring issue covered China; this issue explores forging relationships in India and Latin America.

 

Eli Lilly and Company has provided another topical editorial supplement, “Better Together: Best Alliance Practices for Building a Better Brand,” by

Markus Saba and David S. Thompson, CA-AM. Finally, in The Close, our publisher and editor describes the message that came through “loud and clear” from the last conference he attended—partnering and collaboration truly are everywhere. We look forward to sharing with you this Summer 2016 issue of SAM that is chock full of exceptional collaborations, companies, individuals, and ideas. It’s been a terrific five years of SAM and ASAP Media—and we look forward to many more to come.

Tags:  6th State of Alliances  Alliance Practices  Alliancesphere  Citrix  cultural  David Thompson  Dr. Sam Nussbaum  ecosystem  EGB Advisors  Eli Lilly and Company  Inc.  Jan Twombly  Jeff Shuman  Loren Coles  Markus Saba  Martin E  Mayoly Spindler  Shawn Wilson  Stéphene Thiroloix  Steve Blacklock  The Rhythm of Business 

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