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“What makes a good alliancemanager?” The answer to that question, to a certain extent, depends on the type of organisation you are in and the type of alliances you look after. Organisations therefore perceive the role of alliancemanagement differently to each other.
In a recent round of feedback for one of our Alliance Masterclass, one of the participants concluded that alliancemanagement is not Rocket Science and then others chimed in. They felt that the principles of alliancemanagement are rather simple. Perhaps some have been more challenging than others?
Thus I wondered “Can AI replace AllianceManagers ?” Can AI Replace AllianceManagers? In a rather straightforward, high volume type of partnerships, such as those we find in channels, jobs might be easily replaced by AI than in true, value creating strategic alliances. It still has a lot to learn!
In those follow up conversations a number of them asked me the best route to becoming an alliancemanager. A few years ago I wrote about the skills of an alliancemanager. In the piece, I describe how an alliancemanager needs to act as an analyst, diplomat, lobbyist, strategist and business manager all at the same time.
Because the truth is, your ecosystem will only be able to scale if it can adapt to the inevitable changes from COVID-19 and the digital transformation of alliancemanagement. [1] Measuring Alliance Performance.” The post COVID-19 and the Digital Transformation of AllianceManagement appeared first on PartnerTap.
When it comes down to it, it’s our staff that makes AlliancesManagement different. The post AlliancesManagement – About Us – Video appeared first on AlliancesManagement Consulting.
During a recent conversation, I was asked what AllianceManagement is. Later on, looking at my own website I learned, to my surprise, that in the 13 years of writing this column I have written about many aspects of AllianceManagement, but never about the basic question of, “What is AllianceManagement?”
However, the success of these partnerships hinges not just on strategic alignment and shared goals but also critically on the interpersonal skills of those who manage these alliances. With that in mind, what are the key interpersonal skills for alliancemanagers? Here are some thoughts.
AllianceManagement is a profession , and skilled AllianceManagers possess the knowledge and expertise to effectively prepare for alliances, manage them, and address any challenges that may arise along the way. The post AllianceManagement is a Profession appeared first on Simoons & Company B.V.
Successful alliances are not “just done” However, the big difference is that, to many companies, alliances are still new and not well understood. If done at all, alliancemanagement is often done ad-hoc, perhaps as a task on the side. Many people mistakenly think that you can just “do” alliances.
That, of course, resonated with me as managingalliances is almost all about relationships and emotional intelligence (EQ). . I usually compare the role of an alliancemanager to being a conductor in an orchestra. They need to unify the alliance partners and their team members.
In my previous column I mentioned that alliancemanagement is a separate profession and that the profession, together with a structured process, is needed to drive alliances to success. In other words, alliancemanagers are critical for the success of an alliance. appeared first on Simoons & Company.
There is a similar question around alliancemanagement: How important is an alliancemanager for the success of a partnership? Let’s make a comparison: An alliancemanager is like the bus driver above. The alliancemanager makes sure the alliance arrives on schedule to its next milestone.
There is a similar question around alliancemanagement: How important is an alliancemanager for the success of a partnership? Let’s make a comparison: An alliancemanager is like the bus driver above. The alliancemanager makes sure the alliance arrives on schedule to its next milestone.
A few years ago, a client approached me asking if I could step in for a newly-hired alliancemanager who was desperately needed in the business, but not yet available to make the move. After thoroughly onboarding the new alliancemanager when she eventually became available, the assignment was completed in 14 months.
In this context, IEEE-ISTO has 25 years of experience in guiding and creating strategic technology-focused industry alliances, offering unique opportunities to advance new technologies being championed by particular alliances. At the heart of successful industry technology alliances lies effective alliancemanagement.
Alliancemanagement is a critical function that builds and maintains successful long-term partnerships between organisations. As an AllianceManager , you juggle multiple tasks, from contract negotiation to cross-team communication and project tracking. Or, should AllianceManagers regard AI as a threat to the profession?
To change this, they made a bold decision: to professionalise how they work with partners and elevate these relationships into true alliances. This meant establishing a central alliancemanagement function to create consistency and direction. The post Are You Managing Partners or Building True Alliances?
Increasingly, individuals and organisations recognise that successful external alliances require deliberate preparation, appropriate tools, and adherence to proven processes. Over recent decades, alliancemanagement has evolved into a specialised profession.
Vantage periodically executes a "State of Pharma AllianceManagement" report, based on surveys, benchmarking studies, and informal conversations with Heads of AllianceManagement across the industry.
Vantage Partners was proud to be the premier sponsor for Cambridge HealthTech Institute’s (CHI) 2020 Strategic AllianceManagement Congress. As in the past, this conference featured insightful presentations from leaders across Biopharma alliancemanagement.
They need to be managed carefully to maximise their potential. Just as we have seen CRM tools benefit the sales and account management processes, there is a need for similar digital tools to support the alliancemanagement processes and jointly manage information with your alliance partners. .
Our team enjoyed presenting ( here's our presentation ) at Cambridge Healthtech Institute’s Strategic AllianceManagement Congress in Philadelphia earlier this month. This conference is an annual highlight for us!
Assign an AllianceManager. The alliancemanager acts as the conductor of the orchestra and in this case there were a large number of independent musicians who all wanted to blow their own trumpet! The role of the alliancemanager in this collaboration was critical. The trust question came into play again.
An alliancemanagement team. The steering committee consists of executive sponsors from both partners, alliancemanagers or business managers who lead the partnership, and potentially key organisational figures representing areas such as finance or strategy. The operational teams.
The 80% Rule In 2012, ASAP conducted the State of AllianceManagement study, delving into the subject of alliance performance. The report illustrates an average alliance success rate of 53%, a figure that consistently resonates with other studies. Poor alliancemanagement. Poor partner assessment.
AlliancesManagement created this infographic to highlight and define the three key steps to successful board management for technical associations. The post An Effective Board for Technical Associations in Three Steps – Infographic appeared first on AlliancesManagement Consulting.
In our experience working with thousands of organizations over the last thirty years, Vantage has identified eight essential skills that alliancemanagers must develop to be successful – for themselves, their teams and their organizations.
Your executive sponsor shall also provide strategic guidance; the guidance they will provide will be the escalation point when the alliancemanager faces issues that cannot be overcome on their level. At the end of the day, the executive sponsor will be responsible overall for the performance of the alliance.
Managing an alliance is like managing an orchestra. It requires a lot of attention, and the alliancemanager is the conductor who needs to assure that all the team members are in tune and playing from the same music sheet. However, in general, you want to avoid ad-hoc alliancemanagement.
Corporate development develops the alliance agreement and the alliances function is responsible for managing the alliance during its existence. If done correctly, alliancemanagement gets involved early on in the process to ensure a proper handover, trust building and alliance relationship management.
Alliancemanagers on both sides need to communicate often. It is the partner manager’s job to make sure all operations are running smoothly. If channel conflict arises, AllianceManagers should act swiftly to resolve it. So, some alliancemanagers find themselves in a catch 22.
Not just with your alliance partner, but also certainly inside your own organisation. If you are in alliancemanagement yourself you know this already and I might be preaching to the converted! One of the structural tools that should be used to keep alliance relationships healthy is the so-called Alliance Health Check.
The post Coronavirus & Working from Home: Part 6 – Staying on Task appeared first on AlliancesManagement Consulting. Some fear they would get distracted by that next load of laundry (“I’ll just get it started”), which leads to discovering the handle to the cabinet needs adjusting (“This will […].
The post Benefits of Product Certification – Infographic appeared first on AlliancesManagement Consulting. The process can be rigorous and can take anywhere from a few months to over a year to achieve, it all depends on the product and marketplace expectations. But, in […].
Or they may not have any objections to the existence of the alliance but they are not as keen on it as you would like them to. Champions are the kind of people you would like to have in your alliance. As the alliancemanager, you should be a champion and so should your executive sponsor.
The post Coronavirus & Working from Home: Part 5 – Creating and Maintaining a Routine appeared first on AlliancesManagement Consulting. You may now find yourself working remotely, possibly for the first time and foreseeable […].
Ways your alliance team can do radically more. Is your alliance-management team spread too thinly? Does your company have more alliances than it can manage? Are tight budgets and hiring challenges limiting your ability to drive alliance success? You can raise the bar across all of your company’s alliances.
For us at AlliancesManagement, this is business as usual as we […]. The post Plan Events Effectively While Working Remotely appeared first on AlliancesManagement Consulting. It’s likely for those first meetings, you’ll need to schedule venues and plan remotely.
The post Coronavirus & Working from Home: Part 4 – Key Technology Platforms appeared first on AlliancesManagement Consulting. However, we’re aware that most employees still go into an office. Writing a set […].
Alliances are on the rise, no company can just go it alone and many companies are in dire need for AllianceManagers yet they are hard to find! Or perhaps you are the driving force in your business or alliances and now you need to be the visionary leading the transformation of your business and alliances.
Beginning in early 2000, I led Andersen Consulting/Accenture’s clumsily named MAASCE – Mergers, Acquisitions & Alliances Strategy Center of Excellence. I have participated in the coming-of-age of alliancemanagement as a professional discipline. We will focus on action – What should a manager do?
When it comes to consortia or association management, outsourcing administration and operations can offer several advantages. Managingalliances involves intricate coordination, relationship-building, and strategic planning. Access to Expertise: Alliancemanagement requires specialized skills and knowledge.
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