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New ASAP Corporate Member Bridge Partners Helps Industries Connect for More Successful Partnering

Posted By Cynthia B. Hanson, Tuesday, December 20, 2016

This is one in a series of blog posts welcoming seven new corporate members into the ASAP fold. Bridge Partners practices “the art and science of business transformation” by helping customers address challenges, adapt to change, empower teams, and win in the marketplace. Channel transformation is one of the most crucial challenges enterprises need to address, says Chase Morgan, a partner at the company. Bridge Partners specializes in technology sector trends and provides deep, hands-on experience in alliance strategy, business planning, joint sales initiatives, enablement, and analytics. The company also provides specialized practices in the following areas: sales and channel; digital; operations and technology; people and change; product and solution marketing; program and project leadership. Morgan provided the following additional information about the new ASAP corporate member:

What inspired your team to join ASAP at the corporate level?
I was fortunate to be an ASAP member when I ran global ISV [independent software vendor] relationships at a large software company. Because we are serious about our channel transformation practice, it only made sense to join ASAP. It's the place to be to obtain valuable information on partnering practices.

How do you anticipate the ASAP corporate membership benefitting you and your team?
ASAP is the perfect gathering place to network and for consultants to exchange ideas with the most experienced alliance leadership in the world. We strive for continuous learning and are committed to providing service back to the communities with which we engage. We also look forward to developing new relationships with potential clients and partners and enhancing the ones we have through ASAP best practices.

 

Please share a bit of additional background information on your company. 
Since 2006, Bridge Partners has distinguished itself as a national leader in business consulting with offices in Seattle, San Francisco, Chicago, Dallas-Fort Worth and Austin. The quality of our work is nationally recognized, and the company consistently ranks as one of the fastest growing businesses in America. It has made the Inc. 5000 list for five consecutive years. Our real-world experience and unwavering commitment to services means our client’s business successfully moves forward under a highly skilled management team.


What sets Bridge Partners apart from similar consulting companies?
 

Bridge Partners has a unique collaborative business model that connects local knowledge with a national presence. We deliver results for a wide range of companies: from Fortune 50 to start-up; technology and manufacturing to healthcare and transportation. Our consultants deliver insightful strategy, meticulous planning, and creative thinking.

Tags:  alliance  analytics  Bridge Partners  Channel transformation  Chase Morgan  collaborative business model  creative thinking  digital  enablement  joint sales initiatives  leadership  marketing  marketplace  network  planning  strategy 

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What’s an Alliance Manger To Do When a Blockbuster Biopharmaceutical Product Is Built on a Shaky Alliance Foundation?

Posted By Cynthia B. Hanson, Friday, September 25, 2015

What do you do when you have a blockbuster product, but a few key alliance building blocks are missing and the cornerstones are misaligned? “Blockbuster Product, Fragile Alliance: Leading the Drive for Change” answered this critical question in a dynamic presentation given by Christine Carberry, CSAP, senior vice president of quality, technical operations, program and alliance management at FORUM Pharmaceuticals and chairman of the ASAP Board of Directors, and Jan Twombly, CSAP, president of The Rhythm of Business, Inc., and a member of the ASAP executive and management committee, at the 2015 ASAP BioPharma Conference. Twombly agreed to delve more deeply into the topic with a few key questions during an interview after the conference.

 

What are the signs of a fragile alliance?

Your alliance is achieving revenue targets and its clinical milestones. But any bump in the road such as a regulatory hiccup, can cause significant problems. The attorneys are always involved, its tit-for-tat, and people describe being ambushed in governance committee meetings. So you have a fragile situation because you have a relationship between the partners where they don’t trust each other and don’t feel they are working in the best interest of the alliance. Whenever you don’t have that solid underpinning, you might have external success but not the foundation to deal with the inevitable problems.

 

Why should an executive care as long as your blockbuster alliance is achieving its objectives?

The question from most people in the room is, “My executive realizes we have a fragile situation, but how willing are your governance committees to deal with the hard work of establishing or re-establishing that foundation when you are making your numbers?” The implications of not moving the alliance forward because you don’t have the underlying foundation can be significant. I have seen situations where there were delays upwards of a year with things that really didn’t make sense, disagreements where it would always come back to haunt you. A blockbuster product generates over one billion a year, so there is big money at stake, and if left unaddressed, you are likely to be leaving value on the table. Biopharma products have a reasonably definite lifecycle, and every day you don’t move forward, you are losing a day of market exclusivity because your patent has a finite life, and once your patent expires, generic drugs can come into the marketplace. You also might be creating an opening allowing competitors to get ahead, costing market share. You need to convince the people who should be enrolled in improving the collaboration that there is a significant risk being posed to the alliance when you don’t have that foundation to tackle problems in a collaborative way. You need to get at the root cause—because it is really important for the alliance manager to enroll senior level management and the governance committee to address them. If you don’t address them when things are going well, you won’t be prepared when something negative happens. It’s important to have strategies for raising awareness. That is really the key.

 

What strategies can an alliance professional use to improve the situation?

An absolute prerequisite is that leaders from each partner agree that change is necessary and urgent—and that it starts with them.  You then need a champion to use the core alliance skills of influence, getting people on board, bridging differences, convening the right people, facilitating the right kinds of conversations, and leading people to the conclusion that the status quo is not acceptable. Then you have to move quickly. It can be as simple as rechartering your governance committees, getting them to think about how they act and behave, and asking how it makes them feel—that’s all of the soft stuff you know you  need to do, but people resist.

Carberry and Twombly’s presentation also recommended the following practical steps: 

  • Re-examine governance—Structure, membership, performance standards; rethink the decision making process
  • Re-examine work allocation—project team structure, responsibilities, membership; is collaboration being forced where it isn’t necessary?
  • Establish new behavioral standards—recharter revamped teams/committees and hold them to it
  • Have an aligned and current vision and strategic plan (the “North Star”) and use it to build a “one-team mentality”
  • Meet more frequently and have more face-to-face meetings—eliminate updates and focus on, discuss, debate and decide formats
  • Launch a branded “Campaign for Exponential Success”—leadership, communication, awareness and understanding, accountability at all levels

Tags:  alliance manager  biopharma  Blockbuster product  Christine Carberry  collaborative  FORUM Pharmaceuticals  governance  Jan Twombly  market share  marketplace  partners  performance standards  recharter  The Rhythm of Business 

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