Alliance Management Expertise, Partnering Frameworks and Tools, Collaborative Leadership

Introducing New, Digitally Delivered Alliance Management Training Options
4. News and Events / October 19th, 2020

Download an overview of our Digital Alliance Management Training

Pump up the value to demonstrate why alliance management is essential to company success.

Over the past several months we’ve worked with a variety of life science companies to take our traditional, in-person alliance management trainings and convert them to online offerings. In the process, we’ve discovered that online training can be even more successful than in-person workshops. We’ve redesigned many of our popular courses to be delivered over Zoom, incorporating rich interaction in small breakout groups with pre-reads and individual assignments.

We’ve also added a workshop delivered together with our partner allianceboard to guide alliance professionals in automating routine services to expand their reach and influence and to make their work visible....

The Demand for Alliance Management Grows—and Paradoxically It Must Prove Its Value
4. News and Events / October 12th, 2020
The Rhythm of Business’ presentation at the 2020 Strategic Alliance Management Congress offers a path to focusing on value key stakeholders recognize while meeting growing demand.

As biopharma companies evolve their business models in response to economic pressures, changing patient expectations, and new technologies that are powering everything from drug discovery to the sales process, alliances and partnerships multiply. The demand for managing alliances grows, yet in a pandemic environment, uncertainty is constraining resources and budgets making it an imperative to prove the value of the alliance management function.

On October 27, Jan Twombly, president of The Rhythm of Business and an ASAP Board of Directors member, will present her company’s prescription for maximizing the ability of alliance managers to deliver value to their organizations. She will discuss three influencing factors...
The Silver Lining: Reimagining Alliance Management to Focus on What Matters Most Now
1. Partnering Guide / September 24th, 2020
Download a pdf of our conference presentation

Our hats are off to everyone who participated in the ASAP Biopharma Conference earlier this month! Because of all the creativity and engagement by speakers, participants, the program committee, and staff, it certainly felt like a real conference, just one delivered in a digital environment instead of in Boston’s Seaport District! It is further evidence the status quo is no more and so many of the old rules no longer apply. This is really the silver lining: a license to fix what’s broken, become more resourceful and agile, dispense with unnecessary process, and focus on what matters most.

COVID-19 and Work from Home (WFH) has created a new burden on alliance professionals. You must be more intentional, work harder to be in the right meetings, pay more attention to the mental and physical state of your team, your governance members. Add to this all the new types of service, data, and digital partnerships both before- and with-COVID and it is clear the time has come to reimagine how alliance management practices are implemented and the capability is organized and resourced to meet growing, changing demand.

Our presentation at the conference introduces practical actions for reimagining the collaboration between alliance managers and their internal stakeholders, especially governance team members, and the resulting partner experience. We toss aside the status quo to:
  • Redefine how alliance managers are assigned to alliances
  • Collaborate with stakeholders to align on the services that create value for them and that mitigate the panoply of value-eroding risks that are now present
  • Create the transparency of information flows and communication required in our together-but-apart world
Contact us today to discuss how our consulting and training services can help your alliance management team be more agile, more digital, and more successful in delivering the value to stakeholders that matters most today.
There is No Going Back: Roundtable Discussion Focuses on What Matters Most Now
4. News and Events / September 16th, 2020
A Summary of our ASAP 2020 Biopharma Conference Exclusive Executive Roundtable Discussion
 
It is really starting to settle in—there is no going back, there is only moving forward. Whenever we again experience a world where face-to-face meetings, quick drop-ins on a colleague or executive, and maybe even business travel are possible, there are some things we’ve learned in the past six months that make sense to carry forward into that next normal. In our current normal, we are not only figuring out how to deal with distanced work, we’re trying to learn how to innovate with new partners and new partnering models and ensure we deliver what matters most to our stakeholders and alliance partners to realize the outcomes and value intended by both newly formed alliances and those once operating under an entirely different set of assumptions.

These are some of the highlights of our exclusive executive roundtable discussion during the 2020 ASAP Biopharma Conference on September 15, complementing our presentation The Silver Lining: Reimagining Alliance Management to Focus on What Matters Most Now. Link to our conference presentation...
Exemplary Alliance, Ordinary Practices
2. Thought Leadership / September 8th, 2020
download the pdf

The statistics are daunting. Drug development has an overall failure rate of over 96%. It is especially acute for some of the most debilitating diseases where the biological mechanism that causes the disease state is not well understood. Spreading that risk is part of the reason why most drugs are developed in partnership. In 2018, all 62 drugs approved by the FDA incorporated some aspect of partnership.
 
Partnership may be common, but that doesn’t mean it is practiced well. Research from the Association of Strategic Alliance Professionals indicates that success rates increase substantially when leading practices are utilized. At first blush, good alliance practices seem to just make sense and of course, every good business person and collaborative scientist will naturally apply them. However, alliances are conceptually simple but operationally quite challenging. Consistently engaging in the behaviors and implementing the practices that help alliances be successful—and deliver life-changing medicines to patients—takes work.
 
AbbVie, a global biopharmaceutical giant, and BioArctic, a research-intensive Swedish biopharmaceutical company engaged The Rhythm of Business to help it examine what it did right in a recently concluded research collaboration to develop antibodies (immunotherapy) based on promising science discovered by BioArctic that could stop or slow down the progression of the debilitating Parkinson’s disease (PD). The partners wish to share their experiences so that both their companies and others may benefit. Their story—from initial contact through to a successful conclusion—follows.
Shine a Spotlight on Your Alliance Portfolio
1. Partnering Guide / September 2nd, 2020
This is the third in a series of posts from allianceboard, a next generation alliance management platform and The Rhythm of Business on why the time has come to digitize your practice to drive value for stakeholders, your partners, and you.

Seeing the Big Picture

Not long ago, an executive newly appointed to lead the alliance management function for his company—but who had no alliance management experience—asked us, “How do I see what is going on across all of our alliances? I am used to starting my day looking at a dashboard that lets me know what needs my attention.” We had to explain to him that currently, within his company, he would have to manually aggregate individual alliance managers’ monthly reports to get an overall picture. But that need not be the case. 
 
As we’ve been describing in this series of posts, external events coupled with the growth in the number and types of alliances and other collaborations are shining a spotlight on the need to digitize certain aspects of alliance management workflow and administration. If our newly appointed alliance executive had in place a digital alliance management platform, he would have had the ability to aggregate all the alliances in his portfolio—or any relevant subset thereof—into a single dashboard and understand them in relation to one another. It would also help him better appreciate the work of his alliance managers.
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The Alliance Management Mashup—Bridging the Digital Divide: ASAP Summit Virtual Roundtable
4. News and Events / August 12th, 2020
Summary of ASAP Global Summit Roundtable Discussion

Download a pdf of the discussion slides

Digital health has the potential to improve the health of millions of patients and radically change the way health services are delivered. In addition to providing benefits to patients and providers, the benefits for companies offering digital technology and life science products and services are substantial. It is a productive alliance of two innovative industries that not only innovate very differently, they go to market and partner differently. No wonder high tech and biopharma alliance managers have different jobs!
In digital health initiatives, the job of the alliance professionals is to bridge differences and find a third way that results in creating successful outcomes for the patients, providers, payers, and partners.

As part of the 2020 ASAP Global Alliance Summit, we gave a presentation on the topic and hosted a roundtable discussion of several technology and biopharma alliance professionals. The following are the highlights from our conversation...
The Golden Package Leads to the Payoff
1. Partnering Guide / July 31st, 2020
This is Part Three of a three-part series about an exemplary research collaboration between global biopharmaceutical giant AbbVie and BioArctic, a research-intensive Swedish biopharmaceutical company. The purpose of the alliance was to develop antibodies (immunotherapy) based on promising science discovered by BioArctic that could stop progression of the debilitating Parkinson’s disease (PD). The partners wish to share their experiences so that both their companies and others may benefit. The Rhythm of Business was engaged after their collaboration had achieved its primary objective to help the partners examine their alliance, identify repeatable practices, and tell their story.
 
Read Part One: The Making of a True Collaboration
Read Part Two: How the AbbVie-BioArctic Partnership Executes Collaboratively
 
For two years the partners had been following the workplan, advancing the science that they hoped would produce a game-changing treatment for Parkinson’s Disease. For that to happen, AbbVie had to “opt-in” to license the antibodies for clinical development. If it decided not to, for any number of valid business or scientific reasons, BioArctic would need to go find another partner. If that rejection were to occur, it would cost them valuable time in both the exclusivity to the underlying intellectual property and in the competitive arena. It would result in devaluing the asset in the eyes of a new development partner.  In October 2018 BioArctic delivered the “Golden Package” containing the fruits—all the data and deliverables—of the two years of work to AbbVie, which had 90 days to make a decision. Thanks to a proactive approach with much of the ground already laid, the review was quick and internal alignment secured. Within two weeks it informed BioArctic that it would exercise its license option bringing the alliance to a successful outcome.
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Digitizing Alliance Management for Agility and Efficiency
1. Partnering Guide / July 15th, 2020
This is the second in a series of posts from allianceboard, a next generation alliance management platform and The Rhythm of Business on why the time has come to digitize your practice to drive value for stakeholders, your partners, and you. Louis Rinfret, PhD, founder and CEO of allianceboard contributed this post. Access the first post in this series Digitize Your Alliance Management Practice to Provide Visibility, Promote Agility, and Create Value
 


How do you ensure your alliance team is agile and efficient while managing a growing portfolio?  As companies race to innovate and grow, heads of alliance management functions must plan how to support the increasing demands on their teams.

Working harder with current systems and processes is not sustainable in most situations.  Leaders must then think strategically and envision how they will s...
How the AbbVie-BioArctic Partnership Executes Collaboratively
1. Partnering Guide / July 7th, 2020
This is Part Two of a three-part series about an exemplary research collaboration between global biopharmaceutical giant AbbVie and BioArctic, a research-intensive Swedish biopharmaceutical company to develop antibodies (immunotherapy) based on promising science discovered by BioArctic that could stop progression of the debilitating Parkinson’s disease (PD). The partners wish to share their experiences so that both their companies and others may benefit. The Rhythm of Business was engaged after their collaboration had achieved its primary objective to help the partners examine their alliance, identify repeatable practices, and tell their story. Read Part One The Making of a True Collaboration.

Getting to “Happy-Happy”

The synergy equation of 1+1=3 is an axiom of partnering, implying that the goal is to create value that cannot be achieved alone. Sweden’s BioArctic takes it a step further, looking to achieve the state of “happy-happy” with their partners. This next generation of the classic win-win focuses on “satisfaction, relationship, the cooperation, and the future.”[1] It is a way of getting to an agreement that is open, transparent, non-competitive, and assumes that each party gets what it wants by helping the other parties to the relationship get what they want. This “give and get logic” is the essence of collaboration; core to how to create, deliver, and capture true value in an alliance. As BioArctic’s project leader explains, “It is important to listen to the partner and understand wh...
Reimagining Alliance Management for the Next Normal: ASAP Summit Virtual Executive Roundtable
4. News and Events / July 1st, 2020

Summary from exclusive ASAP Global Alliance Summit executive virtual roundtable. Download the discussion slides

“We are all operating in a new norm and we need to evolve with it.” So stated one of the alliance executives The Rhythm of Business invited to a virtual roundtable discussion during the 2020 ASAP Global Alliance Summit on reimagining alliance management for the next normal. We approached the topic from two angles:
 
  • The impact of COVID-19 on a people-intensive business that depends on good relationships
  • The increased demand for alliance management services as companies’ alliance portfolios continued to grow in size, complexity, and new types of digital and service alliances, even before the pandemic
The silver lining of needing to find a next normal is that it gives license to fix what is broken, it forces us to become more resourceful and agile, and focuses us on what matters mo...
Digitize Your Alliance Management Practice to Provide Visibility, Promote Agility, and Create Value
1. Partnering Guide / June 30th, 2020
This is the first in a series of posts from allianceboard, a next generation alliance management platform and The Rhythm of Business on why the time has come to digitize your practice to drive value for stakeholders, your partners, and you.

The Time to Digitize is Now

We’re Zooming and Hanging Out every day. Going-to-Meeting, Teaming, and Webexing from morning until night. These conferencing apps are familiar tools to alliance managers; it is just that our reliance on them has grown as we manage alliances from a distance. As helpful as they are when meeting virtually, approximating face-to-face meetings except for the essential relationship-building step of breaking bread and raising a glass, they facilitate only a portion of alliance management activity that provides the services stakeholders value. The demands of remote work lay bare the need to accelerate an essential component of applying agile principles to alliance management—digitizing certain aspects of alliance management workflow and administration.

...
On the Agenda at the ASAP Global Alliance Summit
4. News and Events / June 21st, 2020
The Summit may be virtual this year, but The Rhythm of Business is very much engaged. We are proud to be long-time members, sponsors, and contributors to the ASAP community and to participate in this first virtual Global Alliance Summit.

 - We’re presenting On Demand Session 502, The Alliance Management Mashup: Bridging the Digital Divide
 - Jan Twombly is moderating live stream Session 207 Biopharma Commercial Alliance Management Challenges on Thursday, June 25 at 11:15 am EDT
 - We are also hosting an exclusive virtual executive roundtable on Reimaging Alliance Management for the Next Normal on Thursday, June 25 from 9:00 – 10:00am EDT.

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The Making of a True Collaboration
1. Partnering Guide / June 6th, 2020
This is Part One of a three-part series about an exemplary research collaboration between global biopharmaceutical giant AbbVie and BioArctic, a research-intensive Swedish biopharmaceutical company to develop antibodies (immunotherapy) based on promising science discovered by BioArctic that could stop progression of the debilitating Parkinson’s disease (PD). The partners wish to share their experiences so that both their companies and others may benefit. The Rhythm of Business was engaged after their collaboration had achieved its primary objective to help the partners examine their alliance, identify repeatable practices, and tell their story.
 
At the September 2014 Parkinson’s Congress in Stockholm, Sweden, Gunilla Osswald, CEO of BioArctic approached the AbbVie booth and asked whom she should talk with about her company’s Parkinson’s Disease program. She was directed to AbbVie’s Europe-based search and evaluation team member who told her that BioArctic’s program was too early for AbbVie to consider. “Come back when you’ve humanized the antibody,” he said.

Fifteen months later, having successfully humanized the antibody, Osswald was meeting with AbbVie’s search and evaluation lead for neuroscience at a partnering conference. Their meeting was supposed to be a brief 20 minutes. Layer-by-layer it became 90 minutes of scientific discovery. It was the first step in establishing a critical trust building foundation for what would become a successful collaboration on promising science to treat a disease with no known cure.

This partnership...
Bridging the Gap to the Next Normal
1. Partnering Guide / May 9th, 2020
As we try to find our way to the next normal for the economy and our lives, a tremendous leadership challenge presents itself to alliance professionals: How to reimagine the people-centric business of partnering when team members’ personal lives are disrupted or worse, remote work is the norm, there is great economic uncertainty, and intense pressure on resources? Add to this the fact that cross-industry, multi-partner as well as public-private collaboration is required to innovate our way out of this crisis. The number of partnerships for tests, vaccines, treatments, and medical equipment is exploding, as this graphic from CB Insights (Figure1) depicts. How can alliance management expertise be applied to this speed, scale, and scope of partnering so that time and money is not squandered by the inherent inefficiencies in partnering?

Even before...
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