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Covey Got It Just Right: ‘Sharpen Your Saw’ in 2019—Because the Faster Partnering Moves, the More Learning and Professional Development Matters

Posted By Michael Leonetti, CSAP, Saturday, March 9, 2019

We recently did some research into ASAP’s Certified Strategic Alliance Professionals. Going back to 2010, we found that fully 90 percent of CSAPs—nine out of every 10 recipients—remain active members in the association. That tells me that that CSAPs are leaders who think seriously about our profession, who want to ensure this is an enduring profession, and who can do the hard, heavy lifting it takes to be at the top of their game.

In other words, our CSAPs are still reinvesting, following the late Stephen Covey’s advice: “We must never be too busy to take time to ‘Sharpen the Saw.’”

Covey’s seventh habit of highly effective people borrows from ancient wisdom traditions as well as modern insight into the importance of renewal. It reminds us to take regular breaks in our personal lives, and to periodically re-sharpen the skills and knowledge that keep us on the forefront of our profession. This essential saw-sharpening only happens when we engage deeply in the alliance management community and participate in its events.

Just how sharp does the learning get? Check out our Strategic Alliance publications’ coverage of the November 8-9, 2018 ASAP European Alliance Summit in Amsterdam—and join me in Fort Lauderdale, Florida, for the March 11-13, 2019 ASAP Global Alliance Summit, “Agile Partnering in Today’s Collaborative Ecosystems.”

Both of these international events exemplify how our community collectively sharpens the saw—how we continually reflect, reexamine, and renew the content of our learning. ASAP events are an eye-popping confluence of brilliant and diverse people—typically a 50/50 mix of ASAP veterans and newcomers. Our content gets richer and more nuanced with every conference as it updates tried-and-true alliance management fundamentals with the bleeding edge of practice.

The alliance lifecycle—as presented in the ASAP Handbook of Alliance Management: A Practitioner’s Guideremains very relevant “blocking and tackling.” But—as we push across industry boundaries and into ecosystem partnering, agile practices, organizational collaborative capability, and even partnering process automation—it’s obvious that so many things around the alliance lifecycle must be agile. One partnership may skip lifecycle steps two, three, and four; another alliance might start at one, continue through three, and then go to market.

We’ve talked for years about partnering going beyond alliance management. Now we’re in the “perfect storm” as the partnering everywhere model comes to life. Ecosystem partnering is everywhere—in technology, in life sciences, even in jewelry, where open innovation networks fuel innovation for Swarovski, as I learned last fall in Amsterdam. Classic channel partnerships are in decline, cloud partnerships are accelerating, and the whole field of partnering is getting much larger, much more complex.

Look at digital therapeutics—I’ve been predicting at ASAP conferences that IT companies would be the healthcare partners of the future. Now we have life science member companies partnering with big data and analytics and launching therapies approved by the US Food and Drug Administration that are primarily software based, while tech companies’ business models evolve to be able to deliver safe, reliable healthcare-related services. In telecom, 5G speeds will create new networks and mobile capabilities that we’ve never seen before—requiring partners we’ve never seen before. And artificial intelligence—what organizations and processes will become our partners in the future because of the advances of AI, and how will that again change the complexity of our alliances? 

Amidst this perfect storm, ASAP is a perfect conduit for everyone who leads collaborations to learn how to do it better and evolve “the how” every day in practice. So sharpen your saw. Invest in your community through ASAP, and invest in yourself through ASAP’s professional development events and publications.

Stephen Covey got it just right: “‘Sharpen the Saw’ means preserving and enhancing the greatest asset you have—you.”

Visit http://asapsummit.org for the most up-to-date agenda for March 11-13, 2019 ASAP Global Alliance Summit, and register for the event, at. See the ASAP Media team’s comprehensive before, during, and after coverage of the 2019 Summit in Strategic Alliance publications and on the ASAP blog. 

Michael Leonetti, CSAP, is president and CEO of ASAP and executive publisher of ASAP Media and Strategic Alliance publications. A previous version of this article appeared in Q1 2019 Strategic Alliance Quarterly

Tags:  5G  agile practices  alliance lifecycle  alliance management  artificial intelligence  ecosystem partnering  healthcare-related services  mobile  organizational collaborative  Partnering  Professional Development  telecom 

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Closing the C-Suite's Collaboration Gap

Posted By Contributed by Jan Twombly, CSAP & Jeff Shuman, CSAP, PhD | The Rhythm of Business, Thursday, January 24, 2019

Earlier this month, we presented and recorded a webinar to expand upon our mini e-book that we wrote together with our partner Alliancesphere, Own Your Transformation: A Five-Point Agenda for Creating Your Organization’s Collaborative Leadership System. The key message of the presentation is to urge alliance professionals to take charge of closing the gap between the happy talk about the importance of partnering and the actual ability of organizations to collaborate and partner well in a digital world.

Yes, this is our soap box and it has been for many years. The difference today is all the data reporting C-Suite executives really do believe partnering is important and a core pillar of their growth and transformation strategies. They also think their organizations collaborate and partner effectively. Their employees disagree. Take a look at some data from a recent Capgemini study.[1]   

We’ve witnessed this gap in our work for years and years. For example, in a recent project assessing the current state of an alliance management practice and charting a course for its future, a senior executive told us how important alliances were to the future of the business. We then interviewed one of his senior people ostensibly responsible for an important partner. He told us he’d had only a one-hour call to familiarize himself with the role of an alliance director. No surprise, he didn’t think this was sufficient to allow him to be successful in the role. This may be an extreme case, but it illustrates the gap that exists between the belief that alliances and partnering are critical for growth and the failure to recognize that a system of collaborative leadership must become part of the organization’s culture and operating norms. It is an Achille’s heel of business transformation.

Here’s another example: A company that is remaking themselves to focus strictly on downstream go-to-market activities has outsourced all upstream research and development capabilities except project management to oversee the outsourced service providers. Outsourcing a capability is not about managing a series of projects. It is engaging with third parties to build collaborative relationships that leverage the resources of each party for mutual benefit—to achieve a synergistic relationship where 1+1>3. In other words, the reason for—the essence of— partnership.  

During the webinar, we discussed our five-point agenda for creating a collaborative leadership system that starts with owning your own transformation. You can’t expect to drive change in your organization without demonstrating how you’re changing. Every alliance professional has something in their job description and potentially in their goals and accountabilities, to “create an environment for collaboration with alliance partners,” or something similar. Specifically executing on this piece of the job has always taken a back seat to immediate revenue generation or ensuring a co-development project happens smoothly. No longer. Today—when partnering everywhere in an organization is the recipe for growth—creating that environment becomes an essential part of the job. The collaborative leadership system—the mechanism through which leadership is exercised—is what enables it.

Closing the gap between the partnering and collaboration capability CEOs think their companies have and what they actually have is essential to the digital business transformation powering growth for legacy companies and a core capability for entrepreneurial ventures. Alliance professionals are typically part of the powerful middle of the organization—the Rosetta Stone of the organization—translating senior leadership directives into operational objectives and understanding from the field and other customer-facing personnel the successes and challenges at an execution level, scaling or adjusting accordingly.  Who other than alliance professionals should be leading the charge to close the gap between what CEOs think about their organization’s ability to collaborate and the reality?

[1] Capgemini Digital Transformation Institute, “The Digital Culture Challenge: Closing the Employee-Leadership Gap,” 2018 

Tags:  alliance management  collaboration  collaborative leadership system  digital culture  digital transformation  Jan Twombly  Jeff Shuman  partnering  The Rhythm of Business 

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‘Like Putting Together a Puzzle’: IBM Execs Tackle Cyber Security Concerns of Multi-Party Alliances in 2018 ASAP Tech Partner Forum Keynote

Posted By Cynthia B. Hanson, Friday, November 2, 2018
Updated: Wednesday, October 31, 2018

Threat factors are a growing concern for alliance managers coordinating multi-party, multi-industry collaborations. They need to consider the potential new channels created by their complexity, such as shared information and data. That message was woven into the keynote address “Cyber Security Ecosystem Meets the Customer Experience” presented by Mitch Mayne, public information officer at IBM, and Wendi Whitmore, global lead for IBM’s X-Force Incident Response and Intelligence Services (IRIS), 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.

IBM has streamlined two separate cyber security response teams: one that deals with major security breaches and another that focuses on threat intelligence, detection, and response. The teams are oriented toward both internal and external communications in the event of a major pandemic cyber attack, the speakers explained. IBM is partnering extensively with more than 200 companies on cyber security response “through shared relationships with private and public companies,” explained Mayne. “Cyber security is a lot like putting together a puzzle. No one team has all the pieces. Our system helps us better protect clients and ourselves, and increases the speed of response.”

He then introduced IBM’s Cyber Range, an immersive, lifelike environment, based in Cambridge, Massachusetts, for simulating a breach. The Cyber Range teaches about appropriate, timely responsiveness by taking attendees through an actual breach that includes answering multiple ringing phone calls from the press and FBI. The program drives home the importance of having an integrated plan and a responsive, educated company culture.

The hand’s on teaching tool includes actual technology that “responders would be using. What the range is really fast at is increasing communications and awareness between groups,” Whitmore said.

Best practices are shared between teams, such as coordinating the split-second communication needs of executives with the slower pace of tech teams, which must compile and analyze large volumes of data. For example, the C-suite needs to understand why it could take four hours or even three days to assess data, she explained further. “It really increases perspective, and we have seen organizations really transformed by the process.”

It’s about building a cyber security culture within the company, Mayne added. Additionally, the Cyber Range instructs on the dos and don’ts of how and what to communicate to the press, clients, and internally: “How do you manage them during a breach?” He then provided some tips:

  • Have a holding statement prepared in advance that could cover a variety of incidents and you can release at a moment’s notice.
  • Let employees know ahead of time what is acceptable to say and do.
  • Do not speculate: Release only factual information and shows you have command of the situation.

In October, IBM plans to unveil the next level of the Cyber Range.  The Mobile Range will visit the National Mall in Washington, D.C., universities on the US east coast, and Europe in January.

During the Q&A session, an attendee described having just signed a multi-party contract with extensive language on cyber security response responsibilities.

“You have to ask your partners, ‘Do you have a plan in place if something like this were to happen?’” Mayne replied.

In another question, someone pointed out that compartmentalization helps with security, but then asked, “How do we partner and make sure these things are worked through?”

“Compartmentalization has created a lot of the problem,” replied Whitmore. “The more you can have increased communication between the stakeholders, the better your chance that you can quickly work through these scenarios.”

See more of the ASAP Media team’s coverage of the 2018 ASAP Tech Partner Forum on the ASAP Blog at www.strategic-alliances.org. Learn more about the 2018 ASAP Tech Partner Forum at http://asaptechforum.org

Tags:  2018 ASAP Tech Partner Forum  Channels  communication  Customer Experience Mitch Mayne  Cyber Security  Disruptive World  Ecosystem  IBM  IRIS  Mobile Range  partner  partnering  shared information and data  stakeholders  Wendi Whitmore  X-Force Incident Response and Intelligence Service 

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The Rugged Biopharma/Tech Topography—What Alliance Managers Need to Know (Part 2)

Posted By Cynthia B. Hanson, Wednesday, October 24, 2018
Updated: Tuesday, October 23, 2018

This extremely well-organized session, “Non-traditional Partnerships:  The Changing BioPharma Alliance Landscape and the Implications for the Alliance Professional and Alliance Management Community” held by Stu Kliman and Ben Siddall of Cambridge-based Vantage Partners, started off by outlining the multiple challenges the biopharma industry faces today, many of which are financial. One major solution to those challenges lies in building more relationships across the lifecycle, specifically with tech, the pair pointed out. They described the complex ecosystem of partnerships that are emerging today and how to determine if it’s right for your company to jump into the trend and/or continue to engage in multi-partner collaborations. Also on the docket was a discussion on effective partnering, which requires the capability to make good choices and the ability to execute.

All major biopharma companies are following the route of building a greater partnering base, they explained. Some of the deals are very large—in the hundreds of millions. Some involve very big players that are exploring and investing in the digital health tech space, such as Apple and IBM. Some are much smaller, or combine large and small companies. No matter the size of the companies involved, when entering the field, “You need to be purposeful and execute quickly,” explained Siddall.

And you need to consider “What makes relationships work—what are the leverage points?” added Kliman.  “As we think about this new landscape of partnering, we are already seeing our clients making mistakes.”

One of the really important areas where companies are struggling in this ecosystem is the process of thinking through whether they should be partnering at all. “Should we just have a vendor relationship? What does partnership mean? Through what process are we making that decision? Where does partnering make sense?” said Kliman, ticking off the kinds of questions that naturally emerge.

“To achieve maximum value, biopharmas must select the right partners to address specific needs and manage these relationships in a way that acknowledges these differences,” Kliman emphasizes. It’s very important in the process to consider the differences between pharma and tech, he said, while flashing a slide.

The pharma cycle has:

  • High levels of regulation
  • Very long (five-plus years) “product” development
  • Management and investors familiar with longer development
  • Purposeful and predictable innovation and co-creation
  • Strong functional stakeholders (medical, legal, compliance, finance)
  • Contractual, asset-based alliances with fixed lengths
  • Well-defined commercial negotiation models with “customers” with significant regulation

The tech cycle has:

  • Variability—many markets are not regulated
  • Short to moderate (1-3 years) “product” development
  • Management/investors who tend to expect quick ROI and steady growth
  • Rapid and agile innovation and co-creation
  • Moderate or weak functional stakeholders (legal, compliance, finance)
  • A blend of formal/informal alliances, often with no fixed length
  • Flexible, market-driven customer engagement processes

Also of great importance is the process of thinking through the best possible partner choices and evaluating them according to the meta-criteria of capabilities. Both presenters recommend considering the marketplace and size of the deals and evaluating potential partners from multiple dimensions that go beyond just the financial impact. Vantage recommends doing this with a four-quadrant methodology that analyzes strategic, financial, operational, and relational fits.

“On the back end, we have challenges during execution to consider,” Kliman added. “Pharma and IT are significantly different. If your core expertise is to identify and manage alliance models that manage different partners, that needs to be brought into upstream activities as well.”

“If you are going to enter into this new world, you want to make sure the relationship is purposeful,” Kliman added. A purposeful relationship contains the following criteria, he said. It should be:

  • Purposeful (focused on a well-defined market; meets patient, partner, and company needs)
  • Choiceful (partnership is worth the effort; has the right answer, among other things)
  •  Designed and developed collaboratively (based on a shared vision; focused on joint gain, among other things)
  • Actively managed (with joint oversight; systems reviews; robust metrics)
  • Building over time
  • Assessed

See part one of this session coverage blog and stay tuned for more ASAP Media team coverage from the 2018 ASAP BioPharma Conference. 

Tags:  alliance  Ben Siddall  healthcare landscape  licensing-type alliance groups  partnering  pharma  Stu Kliman  tech  Vantage Partners 

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Rethinking Trust, Reshaping Industries: The Alliance Implications of Blockchain Technology as Seen Through the Eyes of IBM and ChromaWay

Posted By Cynthia B. Hanson , Tuesday, October 16, 2018

IBM’s blockchain ledger solution has been gaining ground over the past year through extensive partnering. Much like a team sport, “the only way blockchain works is by participants in an ecosystem working together,” says Janine Grasso, vice president, blockchain strategy and ecosystem development, IBM Industry Platforms. Grasso was interviewed early in the year about blockchain technology for the Q1 2018 Strategic Alliance Magazine in the article “’An Exponential Adoption Curve’: The Changing Face of Data Security in Partnering”. When the article was first published, IBM had 40 to 50 active blockchain networks. That number has increased to 75 live networks solving industry-wide blockchain problems. Grasso will be discussing the implications of blockchain technology with co-speaker Todd Miller, CA-AM, vice president, US business development, ChromaWay, in the session “Rethinking Trust on the Blockchain: Partnering and Alliance Implications” 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. In a recent interview, I asked Grasso about the core of the upcoming session.

ASAP Media: You are presenting with Todd Miller. What do the two of you plan to focus on?

Janine Grasso: We come from two very different perspectives. But we agree on how much blockchain will change all industriesand not just the ones most talked about, such as finance and supply chain. We’re both asking: “What role can we play to help partners do that?” We’re both trying to equip alliance managers and partners. This session is not just about reselling technology. It’s about applying tech across all industries; bringing together players that traditionally compete. We will go through our different backgrounds and points of view. We’ll discuss the problems around this new era and the world as it is today with blockchainthe same old problems that are slowing [the progress of] blockchain down, such as lack of trust, data disruption, and business disruption. And competitorsone start-up, like Über, can completely change the game in an industry.

Being able to leverage this new tech to reshape your industry is the punch line. We’ll go into what blockchain does and the capabilities of blockchain. We will round off the conversation with real-life examples and a discussion on how, exactly, companies across many different industries are applying the technology. How they also are breaking down the barriers that have existed for hundreds of years. And we’ll discuss music and royalty rights, talk about identity, food safety and the IBM Food Trust solution, and then go into the role of the alliance manager and how they can facilitate blockchain options.

So there are strong alliance implications with blockchain?

The true design of blockchain is the industry players or ecosystem coming together and bringing it to life. Blockchain is not singular. The only way it works is with participants in an ecosystem working together, so it’s very much a team sport.

The session description states you will cover technologies that “facilitate decentralized data sharing and secure transactions [that] will accelerate new business models beyond even Über, Spotify, and Airbnb.” Can your provide an example of a new business model?

Blockchain ingrains the trust in every transaction along its journey. In the case of a farmer and a distributor, it becomes transparent exactly where the food item came from: the genesis, authenticity of that product, and exposure to any contamination. The data explosion will continue and remain because of your digital ecosystem, and everything has that digital footprint now. You can encrypt information by attaching it in a blockchain. You only have to take elements that are necessary. That alleviates concerns around datait gives the security and data protection required and only uses crucial data in the blockchain. One example of a new business model is with Everledger, which uses blockchain in the diamond industry. There is traditionally a lack of trust and authenticity about where diamonds come from. Blockchain can now provide that information and verify its authenticity.

What is the No. 1 question you expect to hear in the Q&A session?

How do I get started? How can IBM help small and large companies convene a network because of its large ecosystem and client base? How do I participate? I suspect we will hear a lot of question about alliance management.  

Stay tuned for more of the ASAP Media team’s 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:  Alliance  alliance management  Blockchain  ChromaWay  data protection  Data Security  ecosystem  encrypt information  IBM  Janine Grasso  Partnering  Todd Miller 

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