Mais conteúdo relacionado Semelhante a Partner or Perish: Forging effective alliances (20) Mais de MaRS Discovery District (20) Partner or Perish: Forging effective alliances2. Partner or Perish: Forging Effective Alliances
Session Objectives
Address key questions:
Growing your business: Build or partner?
What defines a competent partnering
organization?
How does one build and maintain an effective
alliance?
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3. Partner or Perish: Forging Effective Alliances
Continuing Learning:
The leading global professional association
dedicated to the formation and practice of
strategic alliances
www.strategic-alliances.org
ASAP - Toronto Chapter
www.asaptoronto.com
Event:
Joint ASAP-CHLA Meeting: Focus on Alliance Management
September 16-18, 2009 Niagara-on-the-Lake, Ontario
www.chlassoc.org
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4. Partner or Perish: Forging Effective Alliances
Professional Certification:
Masters Certificate in Strategic Alliance
Management
Intensive 12-day program:
Nov. 15, 2009 - Jan. 29, 2010
www.mastersinalliances.com
Available through ASAP - Toronto Chapter
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5. What is an Alliance?
• An alliance is a collaboration
• Between independent organizations that
retain strategic autonomy
• While committing resources to joint
activity
• And run within an incomplete contract
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6. Major Alliance Types:
Operational alliances
• One or more key functions of a company is
performed solely or primarily by an alliance
partner
Project alliances
• Alliance partners collaborate on a specific
project, typically with defined progress
milestones and a defined termination point
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7. Alliance Business Model
Core Capabilities
and Competencies
Alliances for
S C
Supplementation/Load u o
Balancing p m
p p
le le
m m
e
n
Core e
n
t t
a a
r r
y y
Alliances for
Complementary
Capabilities,
Offerings and Skills
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©Buckingham Alliance Partners 2009
8. Partner or Perish: Forging Effective Alliances
Why would we want to do this?
Alliances (collaborations) increasingly used to attain
company goals:
• Access to expertise
• Flexible resources
• Increased speed (of development, to market, etc.)
• Reduced financial risk
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©Buckingham Alliance Partners 2009
9. Partner or Perish: Forging Effective Alliances
Why would we want to do this?
Alliances (collaborations) increasingly used to attain
company goals:
• Access to expertise
• Flexible resources
• Increased speed (of development, to market, etc.)
• Reduced financial risk
Less than 40% of alliances meet their stated objectives
• Misalignment of partner goals
• Miscommunications
• Poor execution
• Changed financial prospects
• Technical failure
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©Buckingham Alliance Partners 2009
10. Partner or Perish: Forging Effective Alliances
Why establish an alliance competency?
Increase the proportion of alliances that meet or exceed their
goals (and management expectations)
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©Buckingham Alliance Partners 2009
11. Partner or Perish: Forging Effective Alliances
Why establish an alliance competency?
Increase the proportion of alliances that meet or exceed their
goals (and management expectations)
Accelerate `institutional learning’ of effective (and destructive)
behaviors affecting collaborations: enhanced organizational
awareness
Build consistency in effective alliance design, integration and
maintenance processes
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©Buckingham Alliance Partners 2009
12. Partner or Perish: Forging Effective Alliances
Why establish an alliance competency?
Increase the proportion of alliances that meet or exceed their
goals (and management expectations)
Accelerate `institutional learning’ of effective (and destructive)
behaviors affecting collaborations: enhanced organizational
awareness
Build consistency in effective alliance design, integration and
maintenance processes
Enhance company reputation as a skilled, successful
partnering organization (to secure more, and more capable,
partners)
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©Buckingham Alliance Partners 2009
13. Partner or Perish: Forging Effective Alliances
Key Alliance Management Competencies:
1. Communicating Effectively
2. Leading by Influencing
3. Gaining Value from Diversity
4. Building and Maintaining Trust
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14. Alliance Management Principles*
• Clear Responsibilities and Expectations
• Robust Communication
• Senior Management Commitment
• Understanding one’s Partner
• Disciplined Improvement Approach
• Effective, Efficient Processes
• Broad-based Alliance Capability
* Adopted by ASAP from `Endo Alliance Management Principles’
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15. Internal Organization for Alliance Management
Key Elements:
Senior Management Sponsor
Alliance must serve sponsor’s organizational goals
Dedicated Alliance Leader
`Mindshare’ or formal designation
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16. Effective Senior Management
Sponsorship of Alliances
Why is Effective Sponsorship critical?
Alliance failure rate – key factors:
Internal support for resourcing and decision-making
Ensuring alignment on key issues across partner
organizations
Effective dispute resolution
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17. Alliance Leadership Alternatives
Shared Leadership Integrated Leadership
Internal/external
Product Objectives/
Relationship Objectives
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18. Alliance Life Cycle
Alliance Alliance Alliance Alliance
Negotiation Integration Maintenance Transformation
Agreement R&D Commercialization
Signing
Collaboration Alliance
Integration Change or
Termination
Alliance
Management
Problem
Contract Resolution
Negotiation
Monitoring
Prevention Diagnosis Treatment
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©Buckingham Alliance Partners 2009
19. Establishing an Alliance Management Competency
Alliance Management: Business Development Interface
Deal-Making and Deal-Managing:
An Integrated, Transparent Process
Identify/ Negotiate Re-evaluate:
Sign Launch/ Manage
Recruit Revise or
Integrate
Opportunities Evaluate Terminate
BD
AM
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©Buckingham Alliance Partners 2009
20. Alliance Management Perspective:
Adding Value During Deal Negotiations
Three Main Considerations:
• Due diligence: partner candidate assessment
• Effective relationship development
• Designing the appropriate collaboration structure
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©Buckingham Alliance Partners 2009
21. Integrating a New Alliance
Key Considerations:
• Appointing a qualified alliance leader and a senior
management `sponsor’
• Timely recruiting of alliance-facing staff
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©Buckingham Alliance Partners 2009
22. Integrating a New Alliance
Key Considerations:
• Appointing a qualified alliance leader and a senior
management `sponsor’
• Timely recruiting of alliance-facing staff
• Joint communication of management expectations
and contractual requirements to the alliance team
and leader
• Joint alliance team formation and relationship
-building
• Establish alliance team charter
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©Buckingham Alliance Partners 2009
23. Alliance Team Charter Template
Guidance Resource for Alliance Management
Allied Companies: Your and XYZ Company Purpose: Provides focus,
Alliance History and Background alignment and operational
guidance to each alliance
relationship. Serves as an
Alliance Focus
(Mission, Spirit of Alliance, High-Level Objectives/Milestones)
operational reference and
guide through the alliance
lifecycle as a companion to
Roles and Responsibilities
(Company Roles and Key Individual Roles)
contractual agreements and
project plans.
Key Sections:
Alliance Working Guidelines • Alliance mission, objectives
(Addressing the Alliance Essentials)
and spirit
• Roles and responsibilities
• Working guidelines
Performance Measurement
(Measuring and Monitoring Performance) • Metrics and performance
measurement
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©Buckingham Alliance Partners 2009
24. Alliance Life Cycle
Alliance Alliance Alliance Alliance
Negotiation Integration Maintenance Transformation
Agreement R&D Commercialization
Signing
Collaboration Alliance
Integration Change or
Termination
Alliance
Management
Problem
Contract Resolution
Negotiation
Monitoring
Prevention Diagnosis Treatment
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©Buckingham Alliance Partners 2009
25. Alliance `Health Check’ Surveys
Assessment Resources for Alliance Management
Purpose: Primary
measurement mechanism for
Relationship Performance
Alliance Health Check
Strongly Strongly
factors
Disagree Disagree Neutral Agree Agree
Key Features:
1. Alliance Focus (Goals and Objectives) Provides regular checkpoint
a. Sensor Question
b. Sensor Question on essential Alliance
c. Sensor Question
2. Roles and Responsibilities
competencies
a. Sensor Question 2-3 “sensor” questions per
b. Sensor Question
c. Sensor Question
Relationship factor
3. Decision Making Results discussed with
a. Sensor Question
partner, to identify and
b. Sensor Question
3. Relationship Trust understand areas for
a. Sensor Question improvement and reasons
b. Sensor Question
for successful outcomes
Action plans developed and
implemented through
Alliance Team
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©Buckingham Alliance Partners 2009
27. Establishing an Alliance Management Capability
Alliance Structure and Management Considerations
High
Strategic Importance Imbalance Balance
to Your Company
Vulnerable Enthusiast Dynamic Duo
Balance Imbalance
Low Potential Bully
Simple Pairing
Strategic Importance to
High
Low Alliance Partner
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©Buckingham Alliance Partners 2009
28. Partner or Perish: Forging Effective Alliances
Session Objectives
Address key questions:
Growing your business: Build or partner?
What defines a competent partnering
organization?
How does one build and maintain an effective
alliance?
28
©Buckingham Alliance Partners 2009
29. Partner or Perish: Forging Effective Alliances
Questions?
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©Buckingham Alliance Partners 2009