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A strategy for successful alliances between systems integrators and technology firms.
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An Alliance Strategy That Works
1.
An Alliance Strategy
That Works Teaming Systems Integrators and Technology Vendors Tom O’Dea catalyst111@yahoo.com Copyright 2004 Tom O’Dea © All rights restricted
2.
Agenda Vision Multi
Tiered Executive Sponsorship Joint Value Principles of Proposition Engagement Quantifying Success Copyright 2004 Tom O’Dea ©All rights restricted
3.
Selecting a Partner Partners
Open new markets Accelerate the sales cycle Create new efficiencies Copyright 2004 Tom O’Dea ©All rights restricted
4.
What Makes a
Strong Alliance? Cultural Compatibility Shared Vision Willingness to Change Goals Active Management Copyright 2004 Tom O’Dea ©All rights restricted
5.
The Vision Thing “Vision
is the art of seeing the invisible.” Jonathan Swift Copyright 2004 Tom O’Dea ©All rights restricted
6.
Three-Tiered Alliance Strategy
Executive •Vision •Message •Competency Industry / Region •Go to Market Plan Account / Client •Joint Sales Plan Development Copyright 2004 Tom O’Dea ©All rights restricted
7.
Executive (Tier I)
Vision Strategy Product Copyright 2004 Tom O’Dea ©All rights restricted
8.
Divisional (Tier II)
Linkage of verticals and regions GTM Plan The Broad Vision is tailored to local market conditions Copyright 2004 Tom O’Dea ©All rights restricted
9.
Account/Client (Tier III)
Create joint account plans Joint Value Proposition Specific Measurable Goals Copyright 2004 Tom O’Dea ©All rights restricted
10.
Three-Tiered Alliance Strategy
Executive •Vision •Message •Competency Industry / Region •Go to Market Plan Account / Client •Joint Sales Plan Development Copyright 2004 Tom O’Dea ©All rights restricted
11.
Three-Tiered Alliance Strategy
Your Firm Your Partner Executive Executive •Vision •Vision •Message •Message •Competency •Competency Industry / Region Industry / Region •Go to Market Plan •Go to Market Plan Account / Client Account / Client •Joint Sales Plan Development •Joint Sales Plan Development Copyright 2004 Tom O’Dea ©All rights restricted
12.
Executive (Tier I)
Deliverables Deliverables Define Product Principles of Engagement Escalation Plan Executive Sponsorship Periodic Review Copyright 2004 Tom O’Dea ©All rights restricted
13.
Principles of Engagement
We engage early in the sales cycle We have open and honest communication We are preferred partners in the selected accounts and market segments, meaning: We commit to win together or lose together We have a non-compete agreement We have a partnership agreement in place and execute accordingly There is executive sponsorship and an escalation process We invest in each other's organizations in line with our ambition level Copyright 2004 Tom O’Dea ©All rights restricted
14.
An Escalation Process
Overall Executive Sponsors Initiative 48 Hours Drivers Sales Mgmnt/ Alliance 48 Hours Execs Account Mgr./ Client Svc Partner 48 Hours Copyright 2004 Tom O’Dea ©All rights restricted
15.
Divisional (Tier II)
Deliverables Go To Market Plan Target vertical(s)/geographi es (Initiatives) Joint Value Proposition Sponsorship Copyright 2004 Tom O’Dea ©All rights restricted
16.
Account (Tier III) Deliverables Deliverables
Joint Account Plan Joint Value Proposition (client specific) Specific Measurable Goals Copyright 2004 Tom O’Dea ©All rights restricted
17.
Structuring the Joint
Value Proposition 1. Client/Buyer •bigger solution •Faster ROI Joint Value 2. SI Consultant Proposition •Net new bookings •Impartiality 3. IT Sales Team •Accelerated sales cycle •Better hit rate •Control Copyright 2004 Tom O’Dea ©All rights restricted
18.
Measuring Success
Sales/business development heads Sales support heads Overall & dedicated implementation experts Bookings & Revenue Pipeline Reference accounts Copyright 2004 Tom O’Dea ©All rights restricted
19.
What Works 3
Tiered Strategy Principles rather than Personalities Executive Sponsorship Joint Value Proposition Active Alliance Management Quantifiable Targets Regular Review Copyright 2004 Tom O’Dea ©All rights restricted
20.
Questions?
Tom O’Dea catalyst111@yahoo.com Copyright 2004 Tom O’Dea ©All rights restricted
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