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Smart Partnering Model Chaitra Vedullapalli Chaitrav.com|5105794945
Opening Slide Hi, I am chaitravedullapalli, Sr. Director at Microsoft. I lead the information workplace for Microsoft Sales Force. I lead the strategy and investment planning for self service experience for Microsoft Partner network In my past life at Oracle, I lead the design and implementation of partner incentives I released my book called PartnerTweet to raise money for Children’s hospital Personally I am involved in the community to help children contribute their time and creativity to help Children’s hospital.
What to expect today Top Insights on Rookie to Rockstar report 5 focus areasto smart partnering How to mature my partners Next steps
V = N(N-1) “The value of a network is proportional to the square of the number of users of the system.”  Robert MetcalfeTechnology pioneer, co-inventor of Ethernet, and founder of 3Com(circa 1980)
What to expect today? From Rookie to Rockstar Smart Partnering Method Partner Maturity – How? Next Steps
What are your expectations?
Partner maturity is not a linear process Maturing partners is a critical process Spend smarter on support resources Focus on engagement Top Insights – Rookie to Rockstar Report
New : Networked ecosystem ,[object Object]
Ecosystem must be managed as a networkOld : Hub and Spoke Ecosystem ,[object Object]
Ecosystem managed on a relationship-by-relationship basisEvolution of Ecosystem
Lead The Change Define Burning Need A Compelling vision Engage your company Smart Partnering Model – 5 Key Areas Focused Segmentation Give as Good as you Get Focus on Maturity Focus on “Winning Together” Vision alignment decision makers Go To Markets Make your assets work Incent them well Invest in marketing Mature their competency Make them successful Keep them engaged RIGHT CUSTOMERS One EXPERIENCE Right KNOWLEDGE Focus Topics
DEFINE PAINT ENGAGE BURNING NEED COMPELLING VISION ENTIRE COMPANY IDENTIFY CHANGE LEADERS LEAD CHANGE
SECURE DEFINE LAUNCH COMMITTMENT JOINT VISION NEW Create a Business Case Build a Pitch Deck  Secure Executive Leadership Commitment Identify the RIGHT people from key organizations Conduct Leading Change Workshop (1 week) Agreement  on Burning Need (WHY) Define Collective Vision (WHAT) and Game Plan (HOW) Define Success KPIs  Program Brand Partnering Model Network Engagement Incentives Products Services BUILD GOVERANCE Implement engagement rhythm Track your KPIs every week Implement personalized marketing and communication Make decisions together on critical topics LEADING  CHANGE DELIVERABLES
PARTNER MATURITY MODEL Grow Partner Nurture Partner  4 Maturity Levels 10 Business Functions
LEVEL 4 DYNAMIC LEVEL 3 Ideal LEVEL PROACTIVE LEVEL 2 REACTIVE LEVEL 1 BASIC *IAMCP Model developed by Per Werngren Methodology
Joint Business Planning A 12-month plan with monthly follow-up LEVEL 4 Activity based LEVEL 3 DYNAMIC Ad-hoc PROACTIVE Takeaways Sit down with partners and just explore opportunities Identify the gaps in your offerings Create a circle of trust and meet in a rhythm Quarterly good Monthly great Weekly is Nirvana!  LEVEL 2 Not at all REACTIVE LEVEL 1 BASIC
Pipeline Shared with defined rhythm + in-person meetings + Core DNA of sales teams LEVEL 4 Sharing specific campaigns LEVEL 3 DYNAMIC Ad-hoc sharing Takeaways Two way street Bad partnering is when someone takes and never gives Share pipeline on the web Buy in from the top – VP of Sales need to meet in a rhythm Make partnering an agenda item in sales team meetings LEVEL 2 PROACTIVE No sharing REACTIVE LEVEL 1 BASIC
Agreement A great contract that regulates all aspects of the relationship LEVEL 4 Basic template LEVEL 3 DYNAMIC No template, rely on handshakes or contracts based on specific deals Takeaways Foundation is trust Good first step is to have Memorandum of Understanding signed by senior people Long haul, create a partnering agreement that  goes both ways ,[object Object]
Review every year
Don’t make it exclusiveLEVEL 2 PROACTIVE No template LEVEL 1 REACTIVE BASIC
Leads A process that generate lot of leads to other and can measure success LEVEL 4 Some structure, give some but do not measure outcome LEVEL 3 DYNAMIC Adhoc, no structure Takeaways Commit to the same sales process! To generate leads and make a joint investment in time and money The ‘Reversed Lead’ is worthless Listen to the customer ,[object Object],Be generous – ‘Givers gain’ LEVEL 2 PROACTIVE Do not Give REACTIVE LEVEL 1 BASIC
Sales Compensation Rationalized & Campaign based compensation LEVEL 4 Alignment of referral and project based compensation LEVEL 3 DYNAMIC Adhoc, compensation Takeaways Award your sales people the same for partnering Align your compensation models with your partners Be proud of sales done via partnering ,[object Object],LEVEL 2 PROACTIVE No compensation REACTIVE LEVEL 1 BASIC
Readiness & Certifications Scalable process to certify people, create awareness in the marketplace, revenue potential LEVEL 4 Provides standard certification and readiness curriculum LEVEL 3 Train one partner at a time DYNAMIC Takeaways People are your brand ambassadors, educate them well. Teach your partners to ALWAYS see the big picture from the customer point of view. Create value in your education & certification program, great monetization model if implemented well LEVEL 2 PROACTIVE No Plan REACTIVE LEVEL 1 BASIC
Market Messaging Fully Integrated Marketing within partner circles – one effort LEVEL 4 Reactive, Adhoc messaging, basic recognition of partners and capabilities LEVEL 3 DYNAMIC Adhoc, only tell when people ask or opportunity occurs Takeaways Even lawyers do it! Fly each others logotypes on your website Tell the story of partnering on your website Business cards should tell about partnering Consider naming your circle of trust  LEVEL 2 No messaging PROACTIVE LEVEL 1 REACTIVE BASIC
Geography Strategically use partnering for broader geographical coverage in to the markets LEVEL 4 Use partnering to gain access to markets in other cities/countries LEVEL 3 Only in the same city DYNAMIC Takeaways Partnering takes you national and beyond Identify where you want to go! ,[object Object],Go out and meet partners in other geographies Remember about the ‘reversed lead’… LEVEL 2 PROACTIVE Only in the same city REACTIVE LEVEL 1 BASIC
Resource Utilization Pre-defined rate cards for sharing resources + Access to Architects for Sales activities LEVEL 4 Pre-defined rate cards for sharing resources + Access to Architects for Sales activities LEVEL 3 Partner on a case by case basis when there are opportunities DYNAMIC Takeaways Commit to a pricelist or revenue sharing model - Goes both ways… Be clever and narrow your own specialization Try to help out on bench sharing Priority to your own circle of trust LEVEL 2 Some times being the subcontractor PROACTIVE LEVEL 1 REACTIVE BASIC
Customer Service Automate the process and provide insights to partners to improve their experience with customers LEVEL 4 Proactive measure customer satisfaction and collect references LEVEL 3 Do 1:1 meetings with customer to understand their experience with partner engagement DYNAMIC Takeaways Delighted customer are the only advertisement everyone believes – Take it seriously Listen to your customer to innovate and build the right and lasting partnerships Customer Intimacy is very important to growing your business. Ensure your partners take it very seriously. LEVEL 2 PROACTIVE Not at all LEVEL 1 REACTIVE BASIC

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Smart Partnering Method

  • 1. Smart Partnering Model Chaitra Vedullapalli Chaitrav.com|5105794945
  • 2. Opening Slide Hi, I am chaitravedullapalli, Sr. Director at Microsoft. I lead the information workplace for Microsoft Sales Force. I lead the strategy and investment planning for self service experience for Microsoft Partner network In my past life at Oracle, I lead the design and implementation of partner incentives I released my book called PartnerTweet to raise money for Children’s hospital Personally I am involved in the community to help children contribute their time and creativity to help Children’s hospital.
  • 3.
  • 4. What to expect today Top Insights on Rookie to Rockstar report 5 focus areasto smart partnering How to mature my partners Next steps
  • 5. V = N(N-1) “The value of a network is proportional to the square of the number of users of the system.” Robert MetcalfeTechnology pioneer, co-inventor of Ethernet, and founder of 3Com(circa 1980)
  • 6. What to expect today? From Rookie to Rockstar Smart Partnering Method Partner Maturity – How? Next Steps
  • 7. What are your expectations?
  • 8. Partner maturity is not a linear process Maturing partners is a critical process Spend smarter on support resources Focus on engagement Top Insights – Rookie to Rockstar Report
  • 9.
  • 10.
  • 11. Ecosystem managed on a relationship-by-relationship basisEvolution of Ecosystem
  • 12. Lead The Change Define Burning Need A Compelling vision Engage your company Smart Partnering Model – 5 Key Areas Focused Segmentation Give as Good as you Get Focus on Maturity Focus on “Winning Together” Vision alignment decision makers Go To Markets Make your assets work Incent them well Invest in marketing Mature their competency Make them successful Keep them engaged RIGHT CUSTOMERS One EXPERIENCE Right KNOWLEDGE Focus Topics
  • 13. DEFINE PAINT ENGAGE BURNING NEED COMPELLING VISION ENTIRE COMPANY IDENTIFY CHANGE LEADERS LEAD CHANGE
  • 14. SECURE DEFINE LAUNCH COMMITTMENT JOINT VISION NEW Create a Business Case Build a Pitch Deck Secure Executive Leadership Commitment Identify the RIGHT people from key organizations Conduct Leading Change Workshop (1 week) Agreement on Burning Need (WHY) Define Collective Vision (WHAT) and Game Plan (HOW) Define Success KPIs Program Brand Partnering Model Network Engagement Incentives Products Services BUILD GOVERANCE Implement engagement rhythm Track your KPIs every week Implement personalized marketing and communication Make decisions together on critical topics LEADING CHANGE DELIVERABLES
  • 15. PARTNER MATURITY MODEL Grow Partner Nurture Partner 4 Maturity Levels 10 Business Functions
  • 16. LEVEL 4 DYNAMIC LEVEL 3 Ideal LEVEL PROACTIVE LEVEL 2 REACTIVE LEVEL 1 BASIC *IAMCP Model developed by Per Werngren Methodology
  • 17.
  • 18. Joint Business Planning A 12-month plan with monthly follow-up LEVEL 4 Activity based LEVEL 3 DYNAMIC Ad-hoc PROACTIVE Takeaways Sit down with partners and just explore opportunities Identify the gaps in your offerings Create a circle of trust and meet in a rhythm Quarterly good Monthly great Weekly is Nirvana!  LEVEL 2 Not at all REACTIVE LEVEL 1 BASIC
  • 19. Pipeline Shared with defined rhythm + in-person meetings + Core DNA of sales teams LEVEL 4 Sharing specific campaigns LEVEL 3 DYNAMIC Ad-hoc sharing Takeaways Two way street Bad partnering is when someone takes and never gives Share pipeline on the web Buy in from the top – VP of Sales need to meet in a rhythm Make partnering an agenda item in sales team meetings LEVEL 2 PROACTIVE No sharing REACTIVE LEVEL 1 BASIC
  • 20.
  • 22. Don’t make it exclusiveLEVEL 2 PROACTIVE No template LEVEL 1 REACTIVE BASIC
  • 23.
  • 24.
  • 25. Readiness & Certifications Scalable process to certify people, create awareness in the marketplace, revenue potential LEVEL 4 Provides standard certification and readiness curriculum LEVEL 3 Train one partner at a time DYNAMIC Takeaways People are your brand ambassadors, educate them well. Teach your partners to ALWAYS see the big picture from the customer point of view. Create value in your education & certification program, great monetization model if implemented well LEVEL 2 PROACTIVE No Plan REACTIVE LEVEL 1 BASIC
  • 26. Market Messaging Fully Integrated Marketing within partner circles – one effort LEVEL 4 Reactive, Adhoc messaging, basic recognition of partners and capabilities LEVEL 3 DYNAMIC Adhoc, only tell when people ask or opportunity occurs Takeaways Even lawyers do it! Fly each others logotypes on your website Tell the story of partnering on your website Business cards should tell about partnering Consider naming your circle of trust LEVEL 2 No messaging PROACTIVE LEVEL 1 REACTIVE BASIC
  • 27.
  • 28. Resource Utilization Pre-defined rate cards for sharing resources + Access to Architects for Sales activities LEVEL 4 Pre-defined rate cards for sharing resources + Access to Architects for Sales activities LEVEL 3 Partner on a case by case basis when there are opportunities DYNAMIC Takeaways Commit to a pricelist or revenue sharing model - Goes both ways… Be clever and narrow your own specialization Try to help out on bench sharing Priority to your own circle of trust LEVEL 2 Some times being the subcontractor PROACTIVE LEVEL 1 REACTIVE BASIC
  • 29. Customer Service Automate the process and provide insights to partners to improve their experience with customers LEVEL 4 Proactive measure customer satisfaction and collect references LEVEL 3 Do 1:1 meetings with customer to understand their experience with partner engagement DYNAMIC Takeaways Delighted customer are the only advertisement everyone believes – Take it seriously Listen to your customer to innovate and build the right and lasting partnerships Customer Intimacy is very important to growing your business. Ensure your partners take it very seriously. LEVEL 2 PROACTIVE Not at all LEVEL 1 REACTIVE BASIC
  • 30. Assess your partners systematically Assess your partnership with vendors Assess your partner program 3 Uses of Partner Maturity Model
  • 33.
  • 34. Maturing partners is a not a linear process Inspire and Lead change Give as Good as you Get Final Takeaways
  • 35. How to get connected? Chaitra Vedullapalli Sr. Director, Microsoft Corporation Email : chaitrav@microsoft.com | Phone : 510-579-4945 Follow me on Twitter | Check out My Blog | Connect me on Linkedin

Notas do Editor

  1. Amazon Consulting Research - – From Rookie to Rock Star